# EDGAR Filing Document

**Accession Number:** 0001051003
**File Stem:** 0001410368-26-054507
**Filing Date:** 2026-5
**Character Count:** 773721
**Document Hash:** d635083b75e3a90518dceb511a6e5536
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054507.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054507

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK DEBT STRATEGIES FUND, INC.
- **CENTRAL INDEX KEY:** 0001051003

**ORGANIZATION NAME:**
- **EIN:** 223564108
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08603
- **FILM NUMBER:** 261030914

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK DEBT STRATEGIES FUND
- **DATE OF NAME CHANGE:** 20070611

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEBT STRATEGIES FUND
- **DATE OF NAME CHANGE:** 20030428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEBT STRATEGIES FUND II INC
- **DATE OF NAME CHANGE:** 19971208

## Nport-Ex

March 31, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**BlackRock Debt Strategies Fund, Inc. (DSU)**<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par* <br>*(000)*<br>| *Value* |
| **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** |
| &nbsp;&nbsp;&nbsp; Bryant Park Funding Ltd., Series 2024-23A, Class D1, <br> (3-mo. CME Term SOFR + 3.85%), 7.50%, <br> 05/15/37<sup>(a)(b)</sup><br>| USD | 1000 | &nbsp;&nbsp; $997234 |
| &nbsp;&nbsp;&nbsp; Eaton Vance CLO Ltd., Series 2019-1A, Class D1R2, <br> (3-mo. CME Term SOFR + 3.35%), 7.02%, <br> 07/15/37<sup>(a)(b)</sup><br>|  | 2000 | &nbsp;&nbsp; 1961179 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO Ltd., Series 2024-74A, <br> Class D1, (3-mo. CME Term SOFR + 3.20%), 6.87%, <br> 07/25/37<sup>(a)(b)</sup><br>|  | 1500 | &nbsp;&nbsp; 1470834 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LXIX Ltd., Series 2024-69A, <br> Class D1, (3-mo. CME Term SOFR + 3.35%), 7.02%, <br> 07/25/37<sup>(a)(b)</sup><br>|  | 1090 | &nbsp;&nbsp; 1071081 |
| &nbsp;&nbsp;&nbsp; Oaktree CLO Ltd., Series 2024-26A, Class D1, (3-mo. <br> CME Term SOFR + 3.45%), 7.12%, 04/20/37<sup>(a)(b)</sup><br>|  | 1500 | &nbsp;&nbsp; 1501324 |
| &nbsp;&nbsp;&nbsp; Sycamore Tree CLO Ltd., Series 2023-3A, Class D1R, <br> (3-mo. CME Term SOFR + 4.25%), 7.92%, <br> 04/20/37<sup>(a)(b)</sup><br>|  | 1590 | &nbsp;&nbsp; 1569432 |
| &nbsp;&nbsp;&nbsp; Symphony CLO Ltd., Series 2023-40A, Class D1R, (3-<br> mo. CME Term SOFR + 2.65%), 6.32%, 01/05/38<sup>(a)(b)</sup><br>|  | 1000 | &nbsp;&nbsp; 991171 |
| **Total Asset-Backed Securities — 1.5%** <br>**(Cost: $9,680,000)** | **Total Asset-Backed Securities — 1.5%** <br>**(Cost: $9,680,000)** | **Total Asset-Backed Securities — 1.5%** <br>**(Cost: $9,680,000)** | &nbsp;&nbsp; 9562255 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Entertainment — 0.1%** | **Entertainment — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Learfield Communications LLC, (Acquired 09/06/23, <br> Cost: $31,736)<sup>(c)(d)(e)</sup><br>| 2526 | &nbsp;&nbsp; 282912 |
| **Financial Services — 0.1%** | **Financial Services — 0.1%** |  |
| Aimbridge Acquisition Co., Inc.<sup>(c)(d)</sup> | 6043 | &nbsp;&nbsp; 271966 |
| **Ground Transportation — 0.0%** | **Ground Transportation — 0.0%** |  |
| Sirva BGRS Holdings, Inc.<sup>(d)</sup> | 1661 | &nbsp;&nbsp; 1060 |
| **Hotels, Restaurants & Leisure — 0.0%** | **Hotels, Restaurants & Leisure — 0.0%** |  |
| Fortrex Equity<sup>(c)(d)</sup> | 5805 | &nbsp;&nbsp; 168345 |
| **Industrial Conglomerates**<sup>(d)</sup> **— 0.0%** | **Industrial Conglomerates**<sup>(d)</sup> **— 0.0%** |  |
| Ameriforge Group, Inc.<sup>(c)</sup> | 1664 | &nbsp;&nbsp; — |
| SVP Singer | 15566 | &nbsp;&nbsp; 70047 |
|  |  | &nbsp;&nbsp; 70047 |
| **IT Services — 0.1%** | **IT Services — 0.1%** |  |
| Travelport LLC<sup>(c)(d)</sup> | 230 | &nbsp;&nbsp; 236829 |
| **Machinery — 0.0%** | **Machinery — 0.0%** |  |
| United Site Services, Inc.<sup>(c)(d)</sup> | 24463 | &nbsp;&nbsp; 177357 |
| **Semiconductors & Semiconductor Equipment — 0.0%** | **Semiconductors & Semiconductor Equipment — 0.0%** |  |
| Maxeon Solar Technologies Ltd.<sup>(d)</sup> | 2 | &nbsp;&nbsp; 3 |
| **Trading Companies & Distributors — 0.0%** | **Trading Companies & Distributors — 0.0%** |  |
| TMK Hawk Midco Corp.<sup>(c)(d)</sup> | 24798 | &nbsp;&nbsp; 173584 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Wireless Telecommunication Services — 0.0%** | **Wireless Telecommunication Services — 0.0%** |  |
| Altice France Lux 3<sup>(d)</sup> | 11960 | &nbsp;&nbsp; $199065 |
| **Total Common Stocks — 0.3%** <br>**(Cost: $2,387,334)** | **Total Common Stocks — 0.3%** <br>**(Cost: $2,387,334)** | &nbsp;&nbsp; 1581168 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | *Par* <br>*(000)*<br>|  |
| **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** |
| **Advertising Agencies — 0.4%** | **Advertising Agencies — 0.4%** | **Advertising Agencies — 0.4%** | **Advertising Agencies — 0.4%** |
| Clear Channel Outdoor Holdings, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/28 | USD | 188 | &nbsp;&nbsp; 188892 |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/01/29 |  | 303 | &nbsp;&nbsp; 304279 |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/01/30 |  | 505 | &nbsp;&nbsp; 528484 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/15/31 |  | 243 | &nbsp;&nbsp; 254590 |
| &nbsp;&nbsp;&nbsp; 7.50%, 03/15/33 |  | 513 | &nbsp;&nbsp; 543266 |
| CMG Media Corp., 8.88%, 06/18/29<sup>(b)</sup> |  | 63 | &nbsp;&nbsp; 54474 |
| Lamar Media Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/30 |  | 15 | &nbsp;&nbsp; 14314 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/01/33<sup>(b)</sup> |  | 67 | &nbsp;&nbsp; 65574 |
| Neptune Bidco U.S., Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 9.29%, 04/15/29 |  | 152 | &nbsp;&nbsp; 152422 |
| &nbsp;&nbsp;&nbsp; 10.38%, 05/15/31 |  | 98 | &nbsp;&nbsp; 98883 |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/15/33 |  | 136 | &nbsp;&nbsp; 131952 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC/Outfront Media Capital <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/27 |  | 24 | &nbsp;&nbsp; 23943 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/29 |  | 80 | &nbsp;&nbsp; 77120 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/30 |  | 106 | &nbsp;&nbsp; 102272 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/31 |  | 140 | &nbsp;&nbsp; 145980 |
| Stagwell Global LLC, 5.63%, 08/15/29<sup>(b)</sup> |  | 32 | &nbsp;&nbsp; 30466 |
|  |  |  | &nbsp;&nbsp; 2716911 |
| **Aerospace & Defense — 0.7%** | **Aerospace & Defense — 0.7%** | **Aerospace & Defense — 0.7%** | **Aerospace & Defense — 0.7%** |
| AAR Escrow Issuer LLC, 6.75%, 03/15/29<sup>(b)</sup> |  | 80 | &nbsp;&nbsp; 81424 |
| ATI, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 12/01/27 |  | 93 | &nbsp;&nbsp; 92982 |
| &nbsp;&nbsp;&nbsp; 4.88%, 10/01/29 |  | 32 | &nbsp;&nbsp; 31573 |
| &nbsp;&nbsp;&nbsp; 7.25%, 08/15/30 |  | 103 | &nbsp;&nbsp; 106808 |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/01/31 |  | 88 | &nbsp;&nbsp; 86942 |
| Bombardier, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.75%, 11/15/30 |  | 44 | &nbsp;&nbsp; 46796 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/01/31 |  | 55 | &nbsp;&nbsp; 57635 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/01/32 |  | 62 | &nbsp;&nbsp; 64346 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/33 |  | 376 | &nbsp;&nbsp; 388298 |
| &nbsp;&nbsp;&nbsp; Efesto Bidco SpA Efesto U.S. LLC, Series XR, 7.50%, <br> 02/15/32<sup>(b)</sup><br>|  | 644 | &nbsp;&nbsp; 640736 |
| Goat Holdco LLC, 6.75%, 02/01/32<sup>(b)</sup> |  | 67 | &nbsp;&nbsp; 67411 |
| Moog, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 12/15/27 |  | 6 | &nbsp;&nbsp; 5997 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/34 |  | 47 | &nbsp;&nbsp; 47148 |
| TransDigm, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/28 |  | 129 | &nbsp;&nbsp; 130566 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/29 |  | 134 | &nbsp;&nbsp; 136501 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/01/32 |  | 245 | &nbsp;&nbsp; 249868 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/33 |  | 382 | &nbsp;&nbsp; 381786 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/31/33 |  | 437 | &nbsp;&nbsp; 434670 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** |
| TransDigm, Inc.<sup>(b)</sup> (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/31/34 | USD | 61 | &nbsp;&nbsp; $61673 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/31/34 |  | 776 | &nbsp;&nbsp; 786169 |
| &nbsp;&nbsp;&nbsp; 6.13%, 07/31/34 |  | 435 | &nbsp;&nbsp; 427841 |
|  |  |  | &nbsp;&nbsp; 4327170 |
| **Air Freight & Logistics**<sup>(b)</sup> **— 0.0%** | **Air Freight & Logistics**<sup>(b)</sup> **— 0.0%** | **Air Freight & Logistics**<sup>(b)</sup> **— 0.0%** | **Air Freight & Logistics**<sup>(b)</sup> **— 0.0%** |
| Rand Parent LLC, 8.50%, 02/15/30 |  | 57 | &nbsp;&nbsp; 58512 |
| Stonepeak Nile Parent LLC, 7.25%, 03/15/32 |  | 30 | &nbsp;&nbsp; 31203 |
|  |  |  | &nbsp;&nbsp; 89715 |
| **Automobile Components — 0.3%** | **Automobile Components — 0.3%** | **Automobile Components — 0.3%** | **Automobile Components — 0.3%** |
| American Axle & Manufacturing, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 10/15/32 |  | 48 | &nbsp;&nbsp; 47508 |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/33 |  | 50 | &nbsp;&nbsp; 48675 |
| Clarios Global LP/Clarios U.S. Finance Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28 |  | 85 | &nbsp;&nbsp; 85827 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/15/30 |  | 280 | &nbsp;&nbsp; 286300 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/31 | EUR | 100 | &nbsp;&nbsp; 113489 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/15/32 | USD | 420 | &nbsp;&nbsp; 423360 |
| &nbsp;&nbsp;&nbsp; Cyprium Corp./Cyprium Holdings Luxembourg SARL, <br> 6.13%, 04/15/31<sup>(b)</sup><br>|  | 75 | &nbsp;&nbsp; 73936 |
| Dana, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 09/01/30 |  | 11 | &nbsp;&nbsp; 10407 |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/32 |  | 18 | &nbsp;&nbsp; 16798 |
| &nbsp;&nbsp;&nbsp; Garrett Motion Holdings, Inc./Garrett LX I SARL, 7.75%, <br> 05/31/32<sup>(b)</sup><br>|  | 90 | &nbsp;&nbsp; 93188 |
| Goodyear Tire & Rubber Co. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/29 |  | 26 | &nbsp;&nbsp; 24604 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/30 |  | 34 | &nbsp;&nbsp; 33248 |
| Qnity Electronics, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/15/32 |  | 158 | &nbsp;&nbsp; 158188 |
| &nbsp;&nbsp;&nbsp; 6.25%, 08/15/33 |  | 68 | &nbsp;&nbsp; 68757 |
| Tenneco, Inc., 8.00%, 11/17/28<sup>(b)</sup> |  | 226 | &nbsp;&nbsp; 225196 |
|  |  |  | &nbsp;&nbsp; 1709481 |
| **Automobiles — 0.3%** | **Automobiles — 0.3%** | **Automobiles — 0.3%** | **Automobiles — 0.3%** |
| Allison Transmission, Inc., 5.88%, 12/01/33<sup>(b)</sup> |  | 111 | &nbsp;&nbsp; 110319 |
| Asbury Automotive Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/01/28 |  | 39 | &nbsp;&nbsp; 38298 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/32<sup>(b)</sup> |  | 25 | &nbsp;&nbsp; 23675 |
| Carvana Co.<sup>(b)(f)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (11.00% Cash or 13.00% PIK), 9.00%, 06/01/30 |  | 170 | &nbsp;&nbsp; 177019 |
| &nbsp;&nbsp;&nbsp; (9.00% PIK), 9.00%, 06/01/31 |  | 602 | &nbsp;&nbsp; 650924 |
| Cougar JV Subsidiary LLC, 8.00%, 05/15/32<sup>(b)</sup> |  | 50 | &nbsp;&nbsp; 51703 |
| Group 1 Automotive, Inc., 6.38%, 01/15/30<sup>(b)</sup> |  | 34 | &nbsp;&nbsp; 34228 |
| Ken Garff Automotive LLC, 4.88%, 09/15/28<sup>(b)</sup> |  | 25 | &nbsp;&nbsp; 24559 |
| LCM Investments Holdings II LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/29 |  | 72 | &nbsp;&nbsp; 70064 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/31 |  | 48 | &nbsp;&nbsp; 49860 |
| Lithia Motors, Inc., 5.50%, 10/01/30<sup>(b)</sup> |  | 55 | &nbsp;&nbsp; 53896 |
| Nissan Motor Acceptance Co. LLC, 6.13%, 09/30/30<sup>(b)</sup> |  | 142 | &nbsp;&nbsp; 136468 |
| Nissan Motor Co. Ltd.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 07/17/32 |  | 200 | &nbsp;&nbsp; 202519 |
| &nbsp;&nbsp;&nbsp; 6.38%, 07/17/33 | EUR | 100 | &nbsp;&nbsp; 115000 |
| &nbsp;&nbsp;&nbsp; 8.13%, 07/17/35 | USD | 200 | &nbsp;&nbsp; 205768 |
| &nbsp;&nbsp;&nbsp; Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC, <br> 10.00%, 01/15/31<sup>(b)</sup><br>|  | 73 | &nbsp;&nbsp; 70932 |
| Venture Holdings Trust, 12.00%, 07/01/49<sup>(c)(g)</sup> |  | 5150 | &nbsp;&nbsp; 1 |
|  |  |  | &nbsp;&nbsp; 2015233 |
| **Banks — 0.0%** | **Banks — 0.0%** | **Banks — 0.0%** | **Banks — 0.0%** |
| Banco Espirito Santo SA |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.63%, 05/08/17<sup>(g)(h)</sup> | EUR | 100 | &nbsp;&nbsp; 25429 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
| Banco Espirito Santo SA (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/22<sup>(a)(g)</sup> | EUR | 200 | &nbsp;&nbsp; $50857 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/21/22 |  | 100 | &nbsp;&nbsp; 25429 |
| Walker & Dunlop, Inc., 6.63%, 04/01/33<sup>(b)</sup> | USD | 37 | &nbsp;&nbsp; 36174 |
|  |  |  | &nbsp;&nbsp; 137889 |
| **Biotechnology**<sup>(b)</sup> **— 0.1%** | **Biotechnology**<sup>(b)</sup> **— 0.1%** | **Biotechnology**<sup>(b)</sup> **— 0.1%** | **Biotechnology**<sup>(b)</sup> **— 0.1%** |
| BioMarin Pharmaceutical, Inc., 5.50%, 02/15/34 |  | 200 | &nbsp;&nbsp; 196912 |
| Genmab AS/Genmab Finance LLC, 7.25%, 12/15/33 |  | 200 | &nbsp;&nbsp; 209346 |
|  |  |  | &nbsp;&nbsp; 406258 |
| **Building Materials**<sup>(b)</sup> **— 0.5%** | **Building Materials**<sup>(b)</sup> **— 0.5%** | **Building Materials**<sup>(b)</sup> **— 0.5%** | **Building Materials**<sup>(b)</sup> **— 0.5%** |
| AmeriTex HoldCo Intermediate LLC, 7.63%, 08/15/33 |  | 70 | &nbsp;&nbsp; 72257 |
| Builders FirstSource, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/34 |  | 38 | &nbsp;&nbsp; 37514 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/35 |  | 161 | &nbsp;&nbsp; 160846 |
| EMRLD Borrower LP/Emerald Co-Issuer, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 12/15/30 |  | 487 | &nbsp;&nbsp; 495308 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/31 |  | 296 | &nbsp;&nbsp; 304423 |
| Jeld-Wen, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 12/15/27 |  | 58 | &nbsp;&nbsp; 39326 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/01/32 |  | 18 | &nbsp;&nbsp; 8392 |
| New Enterprise Stone & Lime Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/28 |  | 26 | &nbsp;&nbsp; 25615 |
| &nbsp;&nbsp;&nbsp; 9.75%, 07/15/28 |  | 59 | &nbsp;&nbsp; 58940 |
| Quikrete Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/32 |  | 483 | &nbsp;&nbsp; 489763 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/33 |  | 209 | &nbsp;&nbsp; 212269 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/01/28 |  | 9 | &nbsp;&nbsp; 8932 |
| Standard Building Solutions, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/15/32 |  | 219 | &nbsp;&nbsp; 219113 |
| &nbsp;&nbsp;&nbsp; 6.25%, 08/01/33 |  | 293 | &nbsp;&nbsp; 289705 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/34 |  | 104 | &nbsp;&nbsp; 100276 |
| Standard Industries, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/15/30 |  | 141 | &nbsp;&nbsp; 132902 |
| &nbsp;&nbsp;&nbsp; 3.38%, 01/15/31 |  | 34 | &nbsp;&nbsp; 30477 |
| Wilsonart LLC, 11.00%, 08/15/32 |  | 177 | &nbsp;&nbsp; 128304 |
|  |  |  | &nbsp;&nbsp; 2814362 |
| **Building Products**<sup>(b)</sup> **— 0.2%** | **Building Products**<sup>(b)</sup> **— 0.2%** | **Building Products**<sup>(b)</sup> **— 0.2%** | **Building Products**<sup>(b)</sup> **— 0.2%** |
| LBM Acquisition LLC, 9.50%, 06/15/31 |  | 85 | &nbsp;&nbsp; 73988 |
| QXO Building Products, Inc., 6.75%, 04/30/32 |  | 452 | &nbsp;&nbsp; 461036 |
| White Cap Supply Holdings LLC, 7.38%, 11/15/30 |  | 855 | &nbsp;&nbsp; 829344 |
|  |  |  | &nbsp;&nbsp; 1364368 |
| **Capital Markets — 0.2%** | **Capital Markets — 0.2%** | **Capital Markets — 0.2%** | **Capital Markets — 0.2%** |
| Apollo Debt Solutions BDC |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/30/30 |  | 51 | &nbsp;&nbsp; 50198 |
| &nbsp;&nbsp;&nbsp; 6.70%, 07/29/31 |  | 22 | &nbsp;&nbsp; 22257 |
| &nbsp;&nbsp;&nbsp; 6.55%, 03/15/32 |  | 36 | &nbsp;&nbsp; 36138 |
| ARES Strategic Income Fund, 5.80%, 09/09/30<sup>(b)</sup> |  | 60 | &nbsp;&nbsp; 58343 |
| Bain Capital Specialty Finance, Inc., 5.95%, 03/15/30 |  | 15 | &nbsp;&nbsp; 14522 |
| Blue Owl Capital Corp., 6.20%, 07/15/30 |  | 70 | &nbsp;&nbsp; 68988 |
| &nbsp;&nbsp;&nbsp; Compass Group Diversified Holdings LLC, 5.25%, <br> 04/15/29<sup>(b)</sup><br>|  | 67 | &nbsp;&nbsp; 62223 |
| Focus Financial Partners LLC, 6.75%, 09/15/31<sup>(b)</sup> |  | 238 | &nbsp;&nbsp; 236369 |
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/27 |  | 170 | &nbsp;&nbsp; 166584 |
| &nbsp;&nbsp;&nbsp; 9.75%, 01/15/29 |  | 42 | &nbsp;&nbsp; 41292 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/29 |  | 31 | &nbsp;&nbsp; 26454 |
| &nbsp;&nbsp;&nbsp; 10.00%, 11/15/29<sup>(b)</sup> |  | 138 | &nbsp;&nbsp; 135951 |
| Jane Street Group/JSG Finance, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/01/32 |  | 24 | &nbsp;&nbsp; 23733 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/33 |  | 184 | &nbsp;&nbsp; 186681 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** |
| Osaic Holdings, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/01/32 | USD | 120 | &nbsp;&nbsp; $120015 |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/01/33 |  | 195 | &nbsp;&nbsp; 192505 |
|  |  |  | &nbsp;&nbsp; 1442253 |
| **Chemicals — 0.9%** | **Chemicals — 0.9%** | **Chemicals — 0.9%** | **Chemicals — 0.9%** |
| &nbsp;&nbsp;&nbsp; Advancion Sciences, Inc., (9.25% Cash or 10.00% PIK), <br> 9.25%, 11/01/26<sup>(b)(f)</sup><br>|  | 105 | &nbsp;&nbsp; 85031 |
| Celanese U.S. Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/31 |  | 10 | &nbsp;&nbsp; 10268 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/33 |  | 47 | &nbsp;&nbsp; 48220 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/34 |  | 108 | &nbsp;&nbsp; 110649 |
| Chemours Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/28 |  | 288 | &nbsp;&nbsp; 285156 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29 |  | 141 | &nbsp;&nbsp; 132224 |
| &nbsp;&nbsp;&nbsp; 7.88%, 03/15/34 |  | 75 | &nbsp;&nbsp; 74978 |
| Element Solutions, Inc., 3.88%, 09/01/28<sup>(b)</sup> |  | 590 | &nbsp;&nbsp; 574443 |
| FMC Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.45%, 10/01/29 |  | 67 | &nbsp;&nbsp; 59847 |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/49 |  | 21 | &nbsp;&nbsp; 12995 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/18/53 |  | 15 | &nbsp;&nbsp; 11302 |
| Herens Holdco SARL, 4.75%, 05/15/28<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 168080 |
| &nbsp;&nbsp;&nbsp; Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, <br> 07/01/28<sup>(b)</sup><br>|  | 17 | &nbsp;&nbsp; 17014 |
| Ingevity Corp., 3.88%, 11/01/28<sup>(b)</sup> |  | 23 | &nbsp;&nbsp; 22079 |
| Methanex U.S. Operations, Inc., 6.25%, 03/15/32<sup>(b)</sup> |  | 51 | &nbsp;&nbsp; 52176 |
| Minerals Technologies, Inc., 5.00%, 07/01/28<sup>(b)</sup> |  | 55 | &nbsp;&nbsp; 54068 |
| Olympus Water U.S. Holding Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/29 |  | 200 | &nbsp;&nbsp; 189008 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/31 |  | 600 | &nbsp;&nbsp; 586022 |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/33 |  | 684 | &nbsp;&nbsp; 652605 |
| Perimeter Holdings LLC, 6.25%, 01/15/34<sup>(b)</sup> |  | 196 | &nbsp;&nbsp; 192227 |
| SK Invictus Intermediate II SARL, 5.00%, 10/30/29<sup>(b)</sup> |  | 185 | &nbsp;&nbsp; 180443 |
| Solstice Advanced Materials, Inc., 5.63%, 09/30/33<sup>(b)</sup> |  | 196 | &nbsp;&nbsp; 193264 |
| WR Grace Holdings LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/29 |  | 1323 | &nbsp;&nbsp; 1216789 |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/01/31 |  | 128 | &nbsp;&nbsp; 128330 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/15/32 |  | 190 | &nbsp;&nbsp; 185128 |
| &nbsp;&nbsp;&nbsp; 7.00%, 08/01/33 |  | 112 | &nbsp;&nbsp; 108772 |
|  |  |  | &nbsp;&nbsp; 5351118 |
| **Commercial Services & Supplies — 1.5%** | **Commercial Services & Supplies — 1.5%** | **Commercial Services & Supplies — 1.5%** | **Commercial Services & Supplies — 1.5%** |
| ADT Security Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/15/32 |  | 55 | &nbsp;&nbsp; 51374 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/15/33 |  | 172 | &nbsp;&nbsp; 166584 |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL/Aggreko Holdings, Inc., 7.00%, <br> 05/21/30<sup>(b)</sup><br>|  | 200 | &nbsp;&nbsp; 204407 |
| Allied Universal Holdco LLC, 7.88%, 02/15/31<sup>(b)</sup> |  | 1191 | &nbsp;&nbsp; 1228177 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal Finance <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29 |  | 600 | &nbsp;&nbsp; 579766 |
| &nbsp;&nbsp;&nbsp; 6.88%, 06/15/30 |  | 537 | &nbsp;&nbsp; 544347 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal Finance <br> Corp./Atlas Luxco 4 SARL, 4.63%, 06/01/28<sup>(b)</sup><br>|  | 400 | &nbsp;&nbsp; 390688 |
| APi Group DE, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/15/29 |  | 67 | &nbsp;&nbsp; 63803 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/29 |  | 32 | &nbsp;&nbsp; 30972 |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 201263 |
| Brink's Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/29 |  | 39 | &nbsp;&nbsp; 39604 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/32 |  | 159 | &nbsp;&nbsp; 160942 |
| Clarivate Science Holdings Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/01/28 |  | 124 | &nbsp;&nbsp; 117021 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** |
| Clarivate Science Holdings Corp.<sup>(b)</sup> (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/01/29 | USD | 291 | &nbsp;&nbsp; $252497 |
| CompoSecure Holdings LLC, 5.63%, 02/01/33<sup>(b)</sup> |  | 291 | &nbsp;&nbsp; 284293 |
| Deluxe Corp., 8.13%, 09/15/29<sup>(b)</sup> |  | 31 | &nbsp;&nbsp; 32181 |
| FTAI Aviation Investors LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/28 |  | 248 | &nbsp;&nbsp; 247912 |
| &nbsp;&nbsp;&nbsp; 7.88%, 12/01/30 |  | 140 | &nbsp;&nbsp; 146187 |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/01/31 |  | 537 | &nbsp;&nbsp; 550495 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/15/32 |  | 477 | &nbsp;&nbsp; 488980 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/15/33 |  | 128 | &nbsp;&nbsp; 125234 |
| Garda World Security Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/28 |  | 123 | &nbsp;&nbsp; 125124 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29 |  | 16 | &nbsp;&nbsp; 15229 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/32 |  | 224 | &nbsp;&nbsp; 221656 |
| &nbsp;&nbsp;&nbsp; 8.38%, 11/15/32 |  | 873 | &nbsp;&nbsp; 873593 |
| Herc Holdings, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/15/30 |  | 120 | &nbsp;&nbsp; 123044 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/15/31 |  | 55 | &nbsp;&nbsp; 54168 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/33 |  | 208 | &nbsp;&nbsp; 213146 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/15/34 |  | 57 | &nbsp;&nbsp; 55105 |
| Hertz Corp., 12.63%, 07/15/29<sup>(b)</sup> |  | 36 | &nbsp;&nbsp; 31588 |
| RR Donnelley & Sons Co., 9.50%, 08/01/29<sup>(b)</sup> |  | 262 | &nbsp;&nbsp; 265197 |
| Service Corp. International |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 08/15/30 |  | 2 | &nbsp;&nbsp; 1845 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/15/31 |  | 49 | &nbsp;&nbsp; 45675 |
| &nbsp;&nbsp;&nbsp; 5.75%, 10/15/32 |  | 389 | &nbsp;&nbsp; 388252 |
| Sotheby's/Bidfair Holdings, Inc., 5.88%, 06/01/29<sup>(b)</sup> |  | 202 | &nbsp;&nbsp; 189649 |
| United Rentals North America, Inc., 5.38%, 11/15/33<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 194476 |
| Veritiv Operating Co., 10.50%, 11/30/30<sup>(b)</sup> |  | 41 | &nbsp;&nbsp; 42609 |
| Wand NewCo 3, Inc., 7.63%, 01/30/32<sup>(b)</sup> |  | 225 | &nbsp;&nbsp; 230062 |
| Williams Scotsman, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/15/29 |  | 71 | &nbsp;&nbsp; 71798 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/30 |  | 188 | &nbsp;&nbsp; 190968 |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/31 |  | 169 | &nbsp;&nbsp; 173289 |
|  |  |  | &nbsp;&nbsp; 9413200 |
| **Communications Equipment — 0.0%** | **Communications Equipment — 0.0%** | **Communications Equipment — 0.0%** | **Communications Equipment — 0.0%** |
| Viavi Solutions, Inc., 3.75%, 10/01/29<sup>(b)</sup> |  | 31 | &nbsp;&nbsp; 29085 |
| **Construction & Engineering**<sup>(b)</sup> **— 0.2%** | **Construction & Engineering**<sup>(b)</sup> **— 0.2%** | **Construction & Engineering**<sup>(b)</sup> **— 0.2%** | **Construction & Engineering**<sup>(b)</sup> **— 0.2%** |
| AECOM, 6.00%, 08/01/33 |  | 277 | &nbsp;&nbsp; 276696 |
| Arcosa, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/15/29 |  | 97 | &nbsp;&nbsp; 93580 |
| &nbsp;&nbsp;&nbsp; 6.88%, 08/15/32 |  | 125 | &nbsp;&nbsp; 128080 |
| Brand Industrial Services, Inc., 10.38%, 08/01/30 |  | 586 | &nbsp;&nbsp; 535553 |
| Dycom Industries, Inc., 4.50%, 04/15/29 |  | 37 | &nbsp;&nbsp; 35890 |
| &nbsp;&nbsp;&nbsp; Weekley Homes LLC/Weekley Finance Corp., 6.75%, <br> 01/15/34<br>|  | 62 | &nbsp;&nbsp; 59380 |
|  |  |  | &nbsp;&nbsp; 1129179 |
| **Consumer Finance — 0.4%** | **Consumer Finance — 0.4%** | **Consumer Finance — 0.4%** | **Consumer Finance — 0.4%** |
| Block, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 06/01/26 |  | 63 | &nbsp;&nbsp; 62713 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/30<sup>(b)</sup> |  | 108 | &nbsp;&nbsp; 107403 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/32 |  | 192 | &nbsp;&nbsp; 193753 |
| &nbsp;&nbsp;&nbsp; 6.00%, 08/15/33<sup>(b)</sup> |  | 228 | &nbsp;&nbsp; 224234 |
| ION Platform Finance U.S., Inc., 7.88%, 09/30/32<sup>(b)</sup> |  | 295 | &nbsp;&nbsp; 228338 |
| Navient Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 9.38%, 07/25/30 |  | 3 | &nbsp;&nbsp; 2925 |
| &nbsp;&nbsp;&nbsp; 7.88%, 06/15/32 |  | 46 | &nbsp;&nbsp; 41011 |
| OneMain Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/29 |  | 82 | &nbsp;&nbsp; 82080 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/29 |  | 70 | &nbsp;&nbsp; 67502 |
| &nbsp;&nbsp;&nbsp; 7.88%, 03/15/30 |  | 72 | &nbsp;&nbsp; 74302 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Consumer Finance (continued)** | **Consumer Finance (continued)** | **Consumer Finance (continued)** | **Consumer Finance (continued)** |
| OneMain Finance Corp. (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/15/30 | USD | 104 | &nbsp;&nbsp; $101695 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/30 |  | 95 | &nbsp;&nbsp; 85793 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/15/31 |  | 12 | &nbsp;&nbsp; 12064 |
| &nbsp;&nbsp;&nbsp; 7.13%, 11/15/31 |  | 48 | &nbsp;&nbsp; 47558 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/32 |  | 160 | &nbsp;&nbsp; 155238 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/15/32 |  | 36 | &nbsp;&nbsp; 35455 |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/15/33 |  | 287 | &nbsp;&nbsp; 274351 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/15/33 |  | 231 | &nbsp;&nbsp; 221495 |
| Shift4 Payments, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/32 |  | 380 | &nbsp;&nbsp; 373671 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/33 | EUR | 100 | &nbsp;&nbsp; 108968 |
| WEX, Inc., 6.50%, 03/15/33<sup>(b)</sup> | USD | 176 | &nbsp;&nbsp; 172405 |
|  |  |  | &nbsp;&nbsp; 2672954 |
| **Consumer Staples Distribution & Retail**<sup>(b)</sup> **— 0.2%** | **Consumer Staples Distribution & Retail**<sup>(b)</sup> **— 0.2%** | **Consumer Staples Distribution & Retail**<sup>(b)</sup> **— 0.2%** | **Consumer Staples Distribution & Retail**<sup>(b)</sup> **— 0.2%** |
| Albertsons Cos, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/31/31 |  | 60 | &nbsp;&nbsp; 59320 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/33 |  | 228 | &nbsp;&nbsp; 229529 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/31/34 |  | 211 | &nbsp;&nbsp; 206431 |
| Albertsons Cos., Inc., 5.63%, 03/31/32 |  | 53 | &nbsp;&nbsp; 52179 |
| Boots Group Finco LP, 5.38%, 08/31/32 | EUR | 115 | &nbsp;&nbsp; 132248 |
| &nbsp;&nbsp;&nbsp; KeHE Distributors LLC/KeHE Finance Corp./NextWave <br> Distribution, Inc., 9.00%, 02/15/29<br>| USD | 39 | &nbsp;&nbsp; 40601 |
| Performance Food Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/01/29 |  | 41 | &nbsp;&nbsp; 39383 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/32 |  | 152 | &nbsp;&nbsp; 152281 |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/01/34 |  | 220 | &nbsp;&nbsp; 212188 |
| U.S. Foods, Inc., 7.25%, 01/15/32 |  | 40 | &nbsp;&nbsp; 41391 |
| United Natural Foods, Inc., 6.75%, 10/15/28 |  | 50 | &nbsp;&nbsp; 50040 |
|  |  |  | &nbsp;&nbsp; 1215591 |
| **Containers & Packaging — 0.6%** | **Containers & Packaging — 0.6%** | **Containers & Packaging — 0.6%** | **Containers & Packaging — 0.6%** |
| Ardagh Group SA |  |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 12/01/30<sup>(b)</sup> |  | 173 | &nbsp;&nbsp; 181715 |
| &nbsp;&nbsp;&nbsp; (4.50% Cash + 7.50% PIK), 12.00%, 12/01/30<sup>(f)(h)</sup> | EUR | 100 | &nbsp;&nbsp; 94901 |
| &nbsp;&nbsp;&nbsp; (5.50% Cash + 6.50% PIK), 12.00%, 12/01/30<sup>(b)(f)</sup> | USD | 200 | &nbsp;&nbsp; 168070 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance USA LLC/Ardagh Metal <br> Packaging Finance PLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/29 |  | 485 | &nbsp;&nbsp; 444115 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/30/31 |  | 200 | &nbsp;&nbsp; 198283 |
| Ball Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 07/01/32 | EUR | 100 | &nbsp;&nbsp; 114231 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/33 | USD | 44 | &nbsp;&nbsp; 44025 |
| Clydesdale Acquisition Holdings, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/29 |  | 34 | &nbsp;&nbsp; 33390 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/15/30 |  | 64 | &nbsp;&nbsp; 62206 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/32 |  | 280 | &nbsp;&nbsp; 264920 |
| Crown Americas LLC, 5.88%, 06/01/33 |  | 274 | &nbsp;&nbsp; 273874 |
| LABL, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/28<sup>(g)</sup> |  | 83 | &nbsp;&nbsp; 39840 |
| &nbsp;&nbsp;&nbsp; 9.50%, 11/01/28 |  | 131 | &nbsp;&nbsp; 62880 |
| &nbsp;&nbsp;&nbsp; 8.63%, 10/01/31<sup>(g)</sup> |  | 148 | &nbsp;&nbsp; 71040 |
| Mauser Packaging Solutions Holding Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/15/30 |  | 1281 | &nbsp;&nbsp; 1281000 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/15/30 |  | 65 | &nbsp;&nbsp; 60396 |
| Sealed Air Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/27 |  | 19 | &nbsp;&nbsp; 18953 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/29 |  | 15 | &nbsp;&nbsp; 15113 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/32 |  | 94 | &nbsp;&nbsp; 98602 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Containers & Packaging (continued)** | **Containers & Packaging (continued)** | **Containers & Packaging (continued)** | **Containers & Packaging (continued)** |
| Silgan Holdings, Inc., 4.25%, 02/15/31<sup>(b)</sup> | EUR | 100 | &nbsp;&nbsp; $111868 |
| Trivium Packaging Finance BV, 8.25%, 07/15/30<sup>(b)</sup> | USD | 180 | &nbsp;&nbsp; 188331 |
|  |  |  | &nbsp;&nbsp; 3827753 |
| **Distributors**<sup>(b)</sup> **— 0.0%** | **Distributors**<sup>(b)</sup> **— 0.0%** | **Distributors**<sup>(b)</sup> **— 0.0%** | **Distributors**<sup>(b)</sup> **— 0.0%** |
| Gates Corp., 6.88%, 07/01/29 |  | 74 | &nbsp;&nbsp; 75927 |
| Resideo Funding, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/29 |  | 18 | &nbsp;&nbsp; 17010 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/32 |  | 129 | &nbsp;&nbsp; 127101 |
|  |  |  | &nbsp;&nbsp; 220038 |
| **Diversified REITs — 0.2%** | **Diversified REITs — 0.2%** | **Diversified REITs — 0.2%** | **Diversified REITs — 0.2%** |
| Digital Realty Trust LP, 1.88%, 11/15/29<sup>(b)(i)</sup> |  | 20 | &nbsp;&nbsp; 21172 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management Services, Inc., <br> 5.00%, 07/15/32<sup>(b)</sup><br>|  | 109 | &nbsp;&nbsp; 102903 |
| Iron Mountain, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/32 |  | 113 | &nbsp;&nbsp; 109697 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/33 |  | 67 | &nbsp;&nbsp; 66786 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/34 | EUR | 200 | &nbsp;&nbsp; 215107 |
| Millrose Properties, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/01/30 | USD | 254 | &nbsp;&nbsp; 253921 |
| &nbsp;&nbsp;&nbsp; 6.25%, 09/15/32 |  | 164 | &nbsp;&nbsp; 160984 |
| SBA Communications Corp., 3.13%, 02/01/29 |  | 150 | &nbsp;&nbsp; 142136 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital <br> LLC, 6.00%, 01/15/30<sup>(b)</sup><br>|  | 23 | &nbsp;&nbsp; 21633 |
|  |  |  | &nbsp;&nbsp; 1094339 |
| **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** |
| APLD ComputeCo 2 LLC, 6.75%, 03/15/31<sup>(b)</sup> |  | 294 | &nbsp;&nbsp; 291860 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(b)</sup> |  | 100 | &nbsp;&nbsp; 103032 |
| Black Pearl Compute LLC, 6.13%, 02/15/31<sup>(b)</sup> |  | 309 | &nbsp;&nbsp; 314499 |
| Cipher Compute LLC, 7.13%, 11/15/30<sup>(b)</sup> |  | 299 | &nbsp;&nbsp; 309773 |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect U.S. Finco LLC, 9.00%, <br> 09/15/29<sup>(b)</sup><br>|  | 200 | &nbsp;&nbsp; 210108 |
| EchoStar Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; (6.75% Cash or 6.75% PIK), 6.75%, 11/30/30<sup>(f)</sup> |  | 698 | &nbsp;&nbsp; 705119 |
| &nbsp;&nbsp;&nbsp; 10.75%, 11/30/29 |  | 334 | &nbsp;&nbsp; 360567 |
| Fibercop SpA<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/30/34 |  | 200 | &nbsp;&nbsp; 190257 |
| &nbsp;&nbsp;&nbsp; 7.20%, 07/18/36 |  | 200 | &nbsp;&nbsp; 198554 |
| Flash Compute LLC, 7.25%, 12/31/30<sup>(b)</sup> |  | 460 | &nbsp;&nbsp; 463124 |
| Frontier Communications Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/28<sup>(b)</sup> |  | 21 | &nbsp;&nbsp; 20997 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/29<sup>(b)</sup> |  | 28 | &nbsp;&nbsp; 28035 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29 |  | 47 | &nbsp;&nbsp; 46614 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/30<sup>(b)</sup> |  | 59 | &nbsp;&nbsp; 59353 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/15/30<sup>(b)</sup> |  | 420 | &nbsp;&nbsp; 430956 |
| Level 3 Financing, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 01/15/29 |  | 18 | &nbsp;&nbsp; 16875 |
| &nbsp;&nbsp;&nbsp; 6.88%, 06/30/33 |  | 802 | &nbsp;&nbsp; 816772 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/31/34 |  | 613 | &nbsp;&nbsp; 627458 |
| &nbsp;&nbsp;&nbsp; 8.50%, 01/15/36 |  | 781 | &nbsp;&nbsp; 815030 |
| Sable International Finance Ltd., 7.13%, 10/15/32<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 196822 |
| SV RNO Property Owner 1 LLC, 5.88%, 03/01/31<sup>(b)</sup> |  | 812 | &nbsp;&nbsp; 802656 |
| Telecom Italia Capital SA, 7.72%, 06/04/38 |  | 141 | &nbsp;&nbsp; 157030 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019, Inc./CSL <br> Capital LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/29 |  | 31 | &nbsp;&nbsp; 30108 |
| &nbsp;&nbsp;&nbsp; Series Feb, 8.63%, 06/15/32 |  | 293 | &nbsp;&nbsp; 298416 |
| Windstream Services LLC, 7.50%, 10/15/33<sup>(b)</sup> |  | 157 | &nbsp;&nbsp; 163225 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC/Windstream Escrow Finance <br> Corp., 8.25%, 10/01/31<sup>(b)</sup><br>|  | 809 | &nbsp;&nbsp; 845532 |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(b)</sup> |  | 496 | &nbsp;&nbsp; 524113 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** |
| Zayo Group Holdings, Inc.<sup>(b)(f)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (5.75% Cash and 0.50% PIK), 9.25%, 03/09/30 | USD | 555 | &nbsp;&nbsp; $551364 |
| &nbsp;&nbsp;&nbsp; (7.13% Cash and 1.88% PIK), 13.75%, 09/09/30 |  | 133 | &nbsp;&nbsp; 124507 |
|  |  |  | &nbsp;&nbsp; 9702756 |
| **Electric Utilities — 0.3%** | **Electric Utilities — 0.3%** | **Electric Utilities — 0.3%** | **Electric Utilities — 0.3%** |
| Alpha Generation LLC, 6.75%, 10/15/32<sup>(b)</sup> |  | 69 | &nbsp;&nbsp; 70010 |
| Constellation Energy Generation LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/29 |  | 47 | &nbsp;&nbsp; 46431 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/31 |  | 19 | &nbsp;&nbsp; 19051 |
| ContourGlobal Power Holdings SA, 6.75%, 02/28/30<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 202248 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings, Inc., (5-year CMT + <br> 2.46%), 6.75%, 06/15/54<sup>(a)</sup><br>|  | 33 | &nbsp;&nbsp; 34140 |
| &nbsp;&nbsp;&nbsp; Pattern Energy Operations LP/Pattern Energy <br> Operations, Inc., 4.50%, 08/15/28<sup>(b)</sup><br>|  | 8 | &nbsp;&nbsp; 7812 |
| Talen Energy Supply LLC, 8.63%, 06/01/30<sup>(b)</sup> |  | 22 | &nbsp;&nbsp; 23080 |
| &nbsp;&nbsp;&nbsp; Texas Competitive Electric Holdings Co. LLC, 5.03%, <br> 11/10/21<sup>(c)(g)</sup><br>|  | 2375 | &nbsp;&nbsp; — |
| TransAlta Corp., 5.88%, 02/01/34 |  | 78 | &nbsp;&nbsp; 77475 |
| Vistra Operations Co. LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/31 |  | 121 | &nbsp;&nbsp; 126745 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/32 |  | 82 | &nbsp;&nbsp; 84866 |
| VoltaGrid LLC, 7.38%, 11/01/30<sup>(b)</sup> |  | 552 | &nbsp;&nbsp; 570110 |
| XPLR Infrastructure Operating Partners LP<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/31 |  | 254 | &nbsp;&nbsp; 267386 |
| &nbsp;&nbsp;&nbsp; 8.63%, 03/15/33 |  | 32 | &nbsp;&nbsp; 33805 |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/34 |  | 362 | &nbsp;&nbsp; 373856 |
|  |  |  | &nbsp;&nbsp; 1937015 |
| **Electronic Equipment, Instruments & Components**<sup>(b)</sup> **— 0.2%** | **Electronic Equipment, Instruments & Components**<sup>(b)</sup> **— 0.2%** | **Electronic Equipment, Instruments & Components**<sup>(b)</sup> **— 0.2%** | **Electronic Equipment, Instruments & Components**<sup>(b)</sup> **— 0.2%** |
| Coherent Corp., 5.00%, 12/15/29 |  | 45 | &nbsp;&nbsp; 44137 |
| Sensata Technologies BV, 4.00%, 04/15/29 |  | 36 | &nbsp;&nbsp; 34739 |
| Sensata Technologies, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/30 |  | 243 | &nbsp;&nbsp; 232389 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/31 |  | 145 | &nbsp;&nbsp; 134490 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/32 |  | 200 | &nbsp;&nbsp; 203997 |
| WESCO Distribution, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/31 |  | 73 | &nbsp;&nbsp; 72564 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/15/33 |  | 73 | &nbsp;&nbsp; 74370 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/34 |  | 116 | &nbsp;&nbsp; 114242 |
| Zebra Technologies Corp., 6.50%, 06/01/32 |  | 29 | &nbsp;&nbsp; 29198 |
|  |  |  | &nbsp;&nbsp; 940126 |
| **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** | **Energy Equipment & Services — 0.3%** |
| Archrock Partners LP/Archrock Partners Finance Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/28 |  | 18 | &nbsp;&nbsp; 18000 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/01/32 |  | 333 | &nbsp;&nbsp; 339545 |
| &nbsp;&nbsp;&nbsp; Archrock Services LP/Archrock Partners Finance Corp., <br> 6.00%, 02/01/34<sup>(b)</sup><br>|  | 112 | &nbsp;&nbsp; 110887 |
| Enerflex, Inc., 6.88%, 01/15/31<sup>(b)</sup> |  | 14 | &nbsp;&nbsp; 14294 |
| Kodiak Gas Services LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/29 |  | 133 | &nbsp;&nbsp; 137795 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/01/31 |  | 186 | &nbsp;&nbsp; 186921 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/33 |  | 173 | &nbsp;&nbsp; 174869 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/01/35 |  | 126 | &nbsp;&nbsp; 128005 |
| Oceaneering International, Inc., 6.00%, 02/01/28 |  | 18 | &nbsp;&nbsp; 18073 |
| Star Holding LLC, 8.75%, 08/01/31<sup>(b)</sup> |  | 127 | &nbsp;&nbsp; 128846 |
| Tidewater, Inc., 9.13%, 07/15/30<sup>(b)</sup> |  | 65 | &nbsp;&nbsp; 69247 |
| &nbsp;&nbsp;&nbsp; USA Compression Partners LP/USA Compression <br> Finance Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.13%, 03/15/29 |  | 76 | &nbsp;&nbsp; 77761 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Energy Equipment & Services (continued)** | **Energy Equipment & Services (continued)** | **Energy Equipment & Services (continued)** | **Energy Equipment & Services (continued)** |
| &nbsp;&nbsp;&nbsp; USA Compression Partners LP/USA Compression <br> Finance Corp.<sup>(b)</sup> (continued)<br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/33 | USD | 317 | &nbsp;&nbsp; $316003 |
| Weatherford International Ltd., 6.75%, 10/15/33<sup>(b)</sup> |  | 214 | &nbsp;&nbsp; 218659 |
|  |  |  | &nbsp;&nbsp; 1938905 |
| **Entertainment — 0.6%** | **Entertainment — 0.6%** | **Entertainment — 0.6%** | **Entertainment — 0.6%** |
| Boyne USA, Inc., 4.75%, 05/15/29<sup>(b)</sup> |  | 147 | &nbsp;&nbsp; 142589 |
| Caesars Entertainment, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/29 |  | 99 | &nbsp;&nbsp; 95228 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/30 |  | 342 | &nbsp;&nbsp; 346224 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/32 |  | 218 | &nbsp;&nbsp; 215462 |
| Churchill Downs, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/28 |  | 47 | &nbsp;&nbsp; 46366 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/30 |  | 308 | &nbsp;&nbsp; 304600 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/31 |  | 188 | &nbsp;&nbsp; 191535 |
| Cinemark USA, Inc., 7.00%, 08/01/32<sup>(b)</sup> |  | 19 | &nbsp;&nbsp; 19522 |
| Discovery Global Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.28%, 03/15/32 |  | 126 | &nbsp;&nbsp; 111510 |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/15/42 |  | 370 | &nbsp;&nbsp; 243758 |
| &nbsp;&nbsp;&nbsp; Great Canadian Gaming Corp./Raptor LLC, 8.75%, <br> 11/15/29<sup>(b)</sup><br>|  | 69 | &nbsp;&nbsp; 67317 |
| Light & Wonder International, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 09/01/31 |  | 41 | &nbsp;&nbsp; 42078 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/33 |  | 36 | &nbsp;&nbsp; 35269 |
| Live Nation Entertainment, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/27 |  | 38 | &nbsp;&nbsp; 37764 |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/15/28 |  | 35 | &nbsp;&nbsp; 34133 |
| &nbsp;&nbsp;&nbsp; Midwest Gaming Borrower LLC/Midwest Gaming <br> Finance Corp., 4.88%, 05/01/29<sup>(b)</sup><br>|  | 40 | &nbsp;&nbsp; 38793 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Gaming Authority/MS Digital <br> Entertainment Holdings LLC, 8.25%, 04/15/30<sup>(b)</sup><br>|  | 70 | &nbsp;&nbsp; 71661 |
| Odeon Finco PLC, 12.75%, 11/01/27<sup>(b)</sup> |  | 519 | &nbsp;&nbsp; 534222 |
| &nbsp;&nbsp;&nbsp; Premier Entertainment Sub LLC/Premier Entertainment <br> Finance Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/29 |  | 34 | &nbsp;&nbsp; 20740 |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/01/31 |  | 49 | &nbsp;&nbsp; 26950 |
| Rivers Enterprise Borrower LLC, 6.25%, 10/15/30<sup>(b)</sup> |  | 45 | &nbsp;&nbsp; 44886 |
| &nbsp;&nbsp;&nbsp; Rivers Enterprise Borrower LLC/Rivers Enterprise <br> Finance Corp., 6.63%, 02/01/33<sup>(b)</sup><br>|  | 43 | &nbsp;&nbsp; 42676 |
| &nbsp;&nbsp;&nbsp; Scientific Games Holdings LP/Scientific Games <br> U.S. FinCo, Inc., 6.63%, 03/01/30<sup>(b)</sup><br>|  | 152 | &nbsp;&nbsp; 130761 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp/Canada's Wonderland <br> Co/Millennium Operations LLC, 8.63%, 01/15/32<sup>(b)</sup><br>|  | 42 | &nbsp;&nbsp; 42068 |
| Starz Capital Holdings 1, Inc., 6.00%, 04/15/30<sup>(b)</sup> |  | 54 | &nbsp;&nbsp; 49545 |
| Vail Resorts, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/30 |  | 59 | &nbsp;&nbsp; 58512 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/32 |  | 76 | &nbsp;&nbsp; 76857 |
| Voyager Parent LLC, 9.25%, 07/01/32<sup>(b)</sup> |  | 92 | &nbsp;&nbsp; 95516 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC/Wynn Resorts Capital <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/01/29 |  | 144 | &nbsp;&nbsp; 142138 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/15/31 |  | 433 | &nbsp;&nbsp; 453890 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/33 |  | 45 | &nbsp;&nbsp; 44532 |
|  |  |  | &nbsp;&nbsp; 3807102 |
| **Environmental, Maintenance & Security Service**<sup>(b)</sup> **— 0.4%** | **Environmental, Maintenance & Security Service**<sup>(b)</sup> **— 0.4%** | **Environmental, Maintenance & Security Service**<sup>(b)</sup> **— 0.4%** | **Environmental, Maintenance & Security Service**<sup>(b)</sup> **— 0.4%** |
| Clean Harbors, Inc., 6.38%, 02/01/31 |  | 7 | &nbsp;&nbsp; 7109 |
| GFL Environmental Holdings U.S., Inc., 5.50%, 02/01/34 |  | 200 | &nbsp;&nbsp; 196159 |
| GFL Environmental, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/01/28 |  | 8 | &nbsp;&nbsp; 7777 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/29 |  | 111 | &nbsp;&nbsp; 108908 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Environmental, Maintenance & Security Service (continued)** | **Environmental, Maintenance & Security Service (continued)** | **Environmental, Maintenance & Security Service (continued)** | **Environmental, Maintenance & Security Service (continued)** |
| GFL Environmental, Inc. (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/15/29 | USD | 65 | &nbsp;&nbsp; $63240 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/15/31 |  | 77 | &nbsp;&nbsp; 79682 |
| Madison IAQ LLC, 5.88%, 06/30/29 |  | 1262 | &nbsp;&nbsp; 1237592 |
| Reworld Holding Corp., 4.88%, 12/01/29 |  | 43 | &nbsp;&nbsp; 40311 |
| Waste Pro USA, Inc., 7.00%, 02/01/33 |  | 624 | &nbsp;&nbsp; 631021 |
|  |  |  | &nbsp;&nbsp; 2371799 |
| **Financial Services**<sup>(b)</sup> **— 0.6%** | **Financial Services**<sup>(b)</sup> **— 0.6%** | **Financial Services**<sup>(b)</sup> **— 0.6%** | **Financial Services**<sup>(b)</sup> **— 0.6%** |
| Azorra Finance Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/30 |  | 202 | &nbsp;&nbsp; 208205 |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/31 |  | 36 | &nbsp;&nbsp; 36349 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/15/34 |  | 43 | &nbsp;&nbsp; 39966 |
| CrossCountry Intermediate HoldCo LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/30 |  | 23 | &nbsp;&nbsp; 21922 |
| &nbsp;&nbsp;&nbsp; 6.75%, 12/01/32 |  | 23 | &nbsp;&nbsp; 21642 |
| Freedom Mortgage Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/01/31 |  | 49 | &nbsp;&nbsp; 45811 |
| &nbsp;&nbsp;&nbsp; 9.13%, 05/15/31 |  | 67 | &nbsp;&nbsp; 68105 |
| &nbsp;&nbsp;&nbsp; 8.38%, 04/01/32 |  | 73 | &nbsp;&nbsp; 71810 |
| GGAM Finance Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 06/15/28 |  | 29 | &nbsp;&nbsp; 30098 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/29 |  | 65 | &nbsp;&nbsp; 66446 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/30 |  | 173 | &nbsp;&nbsp; 172351 |
| Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/27 |  | 141 | &nbsp;&nbsp; 143073 |
| Midcap Financial Issuer Trust, 5.63%, 01/15/30 |  | 200 | &nbsp;&nbsp; 186372 |
| PennyMac Financial Services, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 12/15/29 |  | 52 | &nbsp;&nbsp; 53194 |
| &nbsp;&nbsp;&nbsp; 7.13%, 11/15/30 |  | 172 | &nbsp;&nbsp; 170929 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/32 |  | 197 | &nbsp;&nbsp; 190103 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/15/34 |  | 17 | &nbsp;&nbsp; 15909 |
| Phoenix Aviation Capital Ltd., 9.25%, 07/15/30 |  | 361 | &nbsp;&nbsp; 363271 |
| Rocket Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/01/29 |  | 172 | &nbsp;&nbsp; 173936 |
| &nbsp;&nbsp;&nbsp; 6.13%, 08/01/30 |  | 502 | &nbsp;&nbsp; 506632 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/01/32 |  | 164 | &nbsp;&nbsp; 169040 |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/01/33 |  | 280 | &nbsp;&nbsp; 283008 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 10/15/26 |  | 75 | &nbsp;&nbsp; 74189 |
| &nbsp;&nbsp;&nbsp; 3.88%, 03/01/31 |  | 20 | &nbsp;&nbsp; 18456 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/15/33 |  | 9 | &nbsp;&nbsp; 8067 |
| UWM Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 02/01/30 |  | 164 | &nbsp;&nbsp; 154680 |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/31 |  | 233 | &nbsp;&nbsp; 212190 |
|  |  |  | &nbsp;&nbsp; 3505754 |
| **Food Products**<sup>(b)</sup> **— 0.3%** | **Food Products**<sup>(b)</sup> **— 0.3%** | **Food Products**<sup>(b)</sup> **— 0.3%** | **Food Products**<sup>(b)</sup> **— 0.3%** |
| Aramark Services, Inc., 5.00%, 02/01/28 |  | 41 | &nbsp;&nbsp; 40758 |
| B&G Foods, Inc., 8.00%, 09/15/28 |  | 22 | &nbsp;&nbsp; 21663 |
| &nbsp;&nbsp;&nbsp; Chobani Holdco II LLC, (8.75% in Cash or 9.50% in PIK), <br> 8.75%, 10/01/29<sup>(f)</sup><br>|  | 397 | &nbsp;&nbsp; 422165 |
| Chobani LLC/Chobani Finance Corp., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/28 |  | 258 | &nbsp;&nbsp; 253621 |
| &nbsp;&nbsp;&nbsp; 7.63%, 07/01/29 |  | 241 | &nbsp;&nbsp; 246267 |
| Darling Global Finance BV, 4.50%, 07/15/32 | EUR | 100 | &nbsp;&nbsp; 115014 |
| Darling Ingredients, Inc., 6.00%, 06/15/30 | USD | 151 | &nbsp;&nbsp; 152055 |
| Fiesta Purchaser, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 03/01/31 |  | 5 | &nbsp;&nbsp; 5090 |
| &nbsp;&nbsp;&nbsp; 9.63%, 09/15/32 |  | 80 | &nbsp;&nbsp; 81478 |
| Lamb Weston Holdings, Inc., 4.13%, 01/31/30 |  | 248 | &nbsp;&nbsp; 236108 |
| Post Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/15/30 |  | 36 | &nbsp;&nbsp; 34560 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Food Products (continued)** | **Food Products (continued)** | **Food Products (continued)** | **Food Products (continued)** |
| Post Holdings, Inc. (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/31 | USD | 28 | &nbsp;&nbsp; $26035 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/33 |  | 75 | &nbsp;&nbsp; 73886 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/15/34 |  | 132 | &nbsp;&nbsp; 129255 |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/15/36 |  | 189 | &nbsp;&nbsp; 185092 |
|  |  |  | &nbsp;&nbsp; 2023047 |
| **Ground Transportation**<sup>(b)</sup> **— 0.0%** | **Ground Transportation**<sup>(b)</sup> **— 0.0%** | **Ground Transportation**<sup>(b)</sup> **— 0.0%** | **Ground Transportation**<sup>(b)</sup> **— 0.0%** |
| Genesee & Wyoming, Inc., 6.25%, 04/15/32 |  | 86 | &nbsp;&nbsp; 87028 |
| Watco Cos. LLC/Watco Finance Corp., 7.13%, 08/01/32 |  | 26 | &nbsp;&nbsp; 26702 |
|  |  |  | &nbsp;&nbsp; 113730 |
| **Health Care Equipment & Supplies**<sup>(b)</sup> **— 0.2%** | **Health Care Equipment & Supplies**<sup>(b)</sup> **— 0.2%** | **Health Care Equipment & Supplies**<sup>(b)</sup> **— 0.2%** | **Health Care Equipment & Supplies**<sup>(b)</sup> **— 0.2%** |
| Bausch & Lomb Corp., 8.38%, 10/01/28 |  | 533 | &nbsp;&nbsp; 550323 |
| Hologic, Inc., 3.25%, 02/15/29 |  | 5 | &nbsp;&nbsp; 4991 |
| Insulet Corp., 6.50%, 04/01/33 |  | 126 | &nbsp;&nbsp; 128608 |
| Medline Borrower LP, 5.25%, 10/01/29 |  | 458 | &nbsp;&nbsp; 453967 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%, <br> 04/01/29<br>|  | 257 | &nbsp;&nbsp; 261879 |
| Neogen Food Safety Corp., 8.63%, 07/20/30 |  | 60 | &nbsp;&nbsp; 63019 |
|  |  |  | &nbsp;&nbsp; 1462787 |
| **Health Care Providers & Services — 0.9%** | **Health Care Providers & Services — 0.9%** | **Health Care Providers & Services — 0.9%** | **Health Care Providers & Services — 0.9%** |
| Acadia Healthcare Co., Inc., 7.38%, 03/15/33<sup>(b)</sup> |  | 100 | &nbsp;&nbsp; 102382 |
| AHP Health Partners, Inc., 5.75%, 07/15/29<sup>(b)</sup> |  | 256 | &nbsp;&nbsp; 253164 |
| CHS/Community Health Systems, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/30 |  | 310 | &nbsp;&nbsp; 292170 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/31 |  | 111 | &nbsp;&nbsp; 102334 |
| &nbsp;&nbsp;&nbsp; 10.88%, 01/15/32 |  | 117 | &nbsp;&nbsp; 125525 |
| &nbsp;&nbsp;&nbsp; 9.75%, 01/15/34 |  | 629 | &nbsp;&nbsp; 652819 |
| Concentra Health Services, Inc., 6.88%, 07/15/32<sup>(b)</sup> |  | 86 | &nbsp;&nbsp; 88912 |
| DaVita, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/32 |  | 8 | &nbsp;&nbsp; 8195 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/33 |  | 12 | &nbsp;&nbsp; 12206 |
| Fortrea Holdings, Inc., 7.50%, 07/01/30<sup>(b)</sup> |  | 20 | &nbsp;&nbsp; 18954 |
| HAH Group Holding Co. LLC, 9.75%, 10/01/31<sup>(b)</sup> |  | 38 | &nbsp;&nbsp; 33290 |
| HealthEquity, Inc., 4.50%, 10/01/29<sup>(b)</sup> |  | 496 | &nbsp;&nbsp; 479874 |
| IQVIA, Inc., 6.25%, 06/01/32<sup>(b)</sup> |  | 157 | &nbsp;&nbsp; 159432 |
| LifePoint Health, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 9.88%, 08/15/30 |  | 22 | &nbsp;&nbsp; 23265 |
| &nbsp;&nbsp;&nbsp; 11.00%, 10/15/30 |  | 237 | &nbsp;&nbsp; 254886 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/15/32 |  | 134 | &nbsp;&nbsp; 143102 |
| &nbsp;&nbsp;&nbsp; 10.00%, 06/01/32 |  | 218 | &nbsp;&nbsp; 222628 |
| Molina Healthcare, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/30 |  | 60 | &nbsp;&nbsp; 53642 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/31 |  | 177 | &nbsp;&nbsp; 174010 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/33 |  | 76 | &nbsp;&nbsp; 73689 |
| Option Care Health, Inc., 4.38%, 10/31/29<sup>(b)</sup> |  | 79 | &nbsp;&nbsp; 76140 |
| Prime Healthcare Services, Inc., 9.38%, 09/01/29<sup>(b)</sup> |  | 28 | &nbsp;&nbsp; 29036 |
| Sotera Health Holdings LLC, 7.38%, 06/01/31<sup>(b)</sup> |  | 175 | &nbsp;&nbsp; 180770 |
| Star Parent, Inc., 9.00%, 10/01/30<sup>(b)</sup> |  | 296 | &nbsp;&nbsp; 306656 |
| Surgery Center Holdings, Inc., 7.25%, 04/15/32<sup>(b)</sup> |  | 667 | &nbsp;&nbsp; 655110 |
| Tenet Healthcare Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/31 |  | 380 | &nbsp;&nbsp; 388411 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/15/32<sup>(b)</sup> |  | 66 | &nbsp;&nbsp; 65391 |
| &nbsp;&nbsp;&nbsp; 6.00%, 11/15/33<sup>(b)</sup> |  | 101 | &nbsp;&nbsp; 102197 |
| U.S. Acute Care Solutions LLC, 9.75%, 05/15/29<sup>(b)</sup> |  | 231 | &nbsp;&nbsp; 223157 |
|  |  |  | &nbsp;&nbsp; 5301347 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Health Care REITs**<sup>(b)</sup> **— 0.1%** | **Health Care REITs**<sup>(b)</sup> **— 0.1%** | **Health Care REITs**<sup>(b)</sup> **— 0.1%** | **Health Care REITs**<sup>(b)</sup> **— 0.1%** |
| Diversified Healthcare Trust, 7.25%, 10/15/30 | USD | 43 | &nbsp;&nbsp; $43369 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., <br> 8.50%, 02/15/32<br>|  | 438 | &nbsp;&nbsp; 444050 |
|  |  |  | &nbsp;&nbsp; 487419 |
| **Hotel & Resort REITs — 0.3%** | **Hotel & Resort REITs — 0.3%** | **Hotel & Resort REITs — 0.3%** | **Hotel & Resort REITs — 0.3%** |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings LLC/PK Domestic Property <br> LLC/PK Finance Co-Issuer, 7.00%, 02/01/30<sup>(b)</sup><br>|  | 173 | &nbsp;&nbsp; 175118 |
| &nbsp;&nbsp;&nbsp; Pebblebrook Hotel LP/PEB Finance Corp., 6.38%, <br> 10/15/29<sup>(b)</sup><br>|  | 29 | &nbsp;&nbsp; 29053 |
| RHP Hotel Properties LP/RHP Finance Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/29 |  | 39 | &nbsp;&nbsp; 37806 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/01/32 |  | 258 | &nbsp;&nbsp; 262674 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/33 |  | 224 | &nbsp;&nbsp; 228094 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/15/34 |  | 201 | &nbsp;&nbsp; 198358 |
| RLJ Lodging Trust LP, 4.00%, 09/15/29<sup>(b)</sup> |  | 74 | &nbsp;&nbsp; 69307 |
| Service Properties Trust |  |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 09/30/28<sup>(b)(j)</sup> |  | 83 | &nbsp;&nbsp; 75513 |
| &nbsp;&nbsp;&nbsp; 8.63%, 11/15/31<sup>(b)</sup> |  | 645 | &nbsp;&nbsp; 673588 |
| &nbsp;&nbsp;&nbsp; 8.88%, 06/15/32 |  | 101 | &nbsp;&nbsp; 100105 |
| XHR LP, 6.63%, 05/15/30<sup>(b)</sup> |  | 28 | &nbsp;&nbsp; 28269 |
|  |  |  | &nbsp;&nbsp; 1877885 |
| **Hotels, Restaurants & Leisure — 0.4%** | **Hotels, Restaurants & Leisure — 0.4%** | **Hotels, Restaurants & Leisure — 0.4%** | **Hotels, Restaurants & Leisure — 0.4%** |
| &nbsp;&nbsp;&nbsp; Burger King (Restaurant Brands International, Inc.)/New <br> Red Finance, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/29 |  | 29 | &nbsp;&nbsp; 29063 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/15/30 |  | 175 | &nbsp;&nbsp; 164487 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC/Fertitta Entertainment <br> Finance Co., Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/29 |  | 279 | &nbsp;&nbsp; 266648 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/15/30 |  | 586 | &nbsp;&nbsp; 547355 |
| Hilton Domestic Operating Co., Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/33 |  | 211 | &nbsp;&nbsp; 212288 |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/33 |  | 11 | &nbsp;&nbsp; 10950 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/31/34 |  | 90 | &nbsp;&nbsp; 87928 |
| MajorDrive Holdings IV LLC, 6.38%, 06/01/29<sup>(b)</sup> |  | 78 | &nbsp;&nbsp; 57694 |
| Melco Resorts Finance Ltd.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/04/29 |  | 200 | &nbsp;&nbsp; 191750 |
| &nbsp;&nbsp;&nbsp; 7.63%, 04/17/32 |  | 200 | &nbsp;&nbsp; 203047 |
| MGM Resorts International, 6.13%, 09/15/29 |  | 72 | &nbsp;&nbsp; 72427 |
| Station Casinos LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/28 |  | 69 | &nbsp;&nbsp; 67629 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/01/31 |  | 112 | &nbsp;&nbsp; 104573 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/15/32 |  | 33 | &nbsp;&nbsp; 33128 |
| Wyndham Hotels & Resorts, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/15/28 |  | 44 | &nbsp;&nbsp; 42987 |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/01/33 |  | 54 | &nbsp;&nbsp; 53135 |
| Wynn Macau Ltd.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/26/28 |  | 400 | &nbsp;&nbsp; 393185 |
| &nbsp;&nbsp;&nbsp; 5.13%, 12/15/29 |  | 200 | &nbsp;&nbsp; 191210 |
|  |  |  | &nbsp;&nbsp; 2729484 |
| **Household Durables — 0.3%** | **Household Durables — 0.3%** | **Household Durables — 0.3%** | **Household Durables — 0.3%** |
| Ashton Woods USA LLC/Ashton Woods Finance Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29 |  | 32 | &nbsp;&nbsp; 30231 |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/01/30 |  | 46 | &nbsp;&nbsp; 42694 |
| &nbsp;&nbsp;&nbsp; 6.88%, 08/01/33 |  | 92 | &nbsp;&nbsp; 88756 |
| Beazer Homes USA, Inc., 5.88%, 10/15/27 |  | 14 | &nbsp;&nbsp; 13932 |
| &nbsp;&nbsp;&nbsp; Brookfield Residential Properties, Inc./Brookfield <br> Residential U.S. LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/29 |  | 228 | &nbsp;&nbsp; 216325 |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/15/30 |  | 56 | &nbsp;&nbsp; 51415 |
| Central Garden & Pet Co., 4.13%, 10/15/30 |  | 26 | &nbsp;&nbsp; 24461 |
| Century Communities, Inc., 6.63%, 09/15/33<sup>(b)</sup> |  | 83 | &nbsp;&nbsp; 81311 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Household Durables (continued)** | **Household Durables (continued)** | **Household Durables (continued)** | **Household Durables (continued)** |
| Dream Finders Homes, Inc., 8.25%, 08/15/28<sup>(b)</sup> | USD | 26 | &nbsp;&nbsp; $26419 |
| Empire Communities Corp., 9.75%, 05/01/29<sup>(b)</sup> |  | 13 | &nbsp;&nbsp; 13053 |
| Installed Building Products, Inc., 5.63%, 02/01/34<sup>(b)</sup> |  | 81 | &nbsp;&nbsp; 79040 |
| K Hovnanian Enterprises, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 04/01/31 |  | 158 | &nbsp;&nbsp; 156212 |
| &nbsp;&nbsp;&nbsp; 8.38%, 10/01/33 |  | 103 | &nbsp;&nbsp; 101856 |
| LGI Homes, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.75%, 12/15/28 |  | 33 | &nbsp;&nbsp; 33763 |
| &nbsp;&nbsp;&nbsp; 7.00%, 11/15/32 |  | 62 | &nbsp;&nbsp; 57488 |
| Mattamy Group Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/30 |  | 72 | &nbsp;&nbsp; 68454 |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/15/33 |  | 70 | &nbsp;&nbsp; 65734 |
| Meritage Homes Corp., 1.75%, 05/15/28<sup>(i)</sup> |  | 98 | &nbsp;&nbsp; 94374 |
| Newell Brands, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 06/01/28<sup>(b)</sup> |  | 66 | &nbsp;&nbsp; 68125 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/15/29 |  | 23 | &nbsp;&nbsp; 22450 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/30 |  | 25 | &nbsp;&nbsp; 23998 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/32 |  | 39 | &nbsp;&nbsp; 37322 |
| Risewell Homes, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 9.25%, 10/01/29 |  | 56 | &nbsp;&nbsp; 56568 |
| &nbsp;&nbsp;&nbsp; 8.50%, 11/01/30 |  | 22 | &nbsp;&nbsp; 21512 |
| Scotts Miracle-Gro Co. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/15/29 |  | 5 | &nbsp;&nbsp; 4888 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/32 |  | 97 | &nbsp;&nbsp; 90595 |
| Somnigroup International, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/29 |  | 89 | &nbsp;&nbsp; 85587 |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/31 |  | 23 | &nbsp;&nbsp; 20911 |
| STL Holding Co. LLC, 8.75%, 02/15/29<sup>(b)</sup> |  | 31 | &nbsp;&nbsp; 32027 |
| SWF Holdings I Corp., 6.50%, 10/06/29<sup>(b)</sup> |  | 285 | &nbsp;&nbsp; 102620 |
| Taylor Morrison Communities, Inc., 5.75%, 11/15/32<sup>(b)</sup> |  | 39 | &nbsp;&nbsp; 39034 |
|  |  |  | &nbsp;&nbsp; 1851155 |
| **Independent Power and Renewable Electricity Producers**<sup>(b)</sup> **— 0.3%** | **Independent Power and Renewable Electricity Producers**<sup>(b)</sup> **— 0.3%** | **Independent Power and Renewable Electricity Producers**<sup>(b)</sup> **— 0.3%** | **Independent Power and Renewable Electricity Producers**<sup>(b)</sup> **— 0.3%** |
| Clearway Energy Operating LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/15/28 |  | 8 | &nbsp;&nbsp; 7893 |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/15/32 |  | 184 | &nbsp;&nbsp; 167728 |
| Lightning Power LLC, 7.25%, 08/15/32 |  | 23 | &nbsp;&nbsp; 23908 |
| NRG Energy, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/29 |  | 131 | &nbsp;&nbsp; 130804 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/33 |  | 186 | &nbsp;&nbsp; 186047 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/34 |  | 232 | &nbsp;&nbsp; 228851 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/34 |  | 334 | &nbsp;&nbsp; 336663 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/36 |  | 733 | &nbsp;&nbsp; 726335 |
| Vistra Corp., (5-year CMT + 6.93%), 8.00%<sup>(a)(k)</sup> |  | 44 | &nbsp;&nbsp; 44466 |
| XPLR Infrastructure LP, 2.50%, 06/15/26<sup>(i)</sup> |  | 179 | &nbsp;&nbsp; 177210 |
|  |  |  | &nbsp;&nbsp; 2029905 |
| **Industrial Conglomerates — 0.1%** | **Industrial Conglomerates — 0.1%** | **Industrial Conglomerates — 0.1%** | **Industrial Conglomerates — 0.1%** |
| Amsted Industries, Inc., 6.38%, 03/15/33<sup>(b)</sup> |  | 150 | &nbsp;&nbsp; 150743 |
| Avient Corp., 6.25%, 11/01/31<sup>(b)</sup> |  | 37 | &nbsp;&nbsp; 37258 |
| Axon Enterprise, Inc., 6.25%, 03/15/33<sup>(b)</sup> |  | 81 | &nbsp;&nbsp; 82680 |
| Enpro, Inc., 6.13%, 06/01/33<sup>(b)</sup> |  | 49 | &nbsp;&nbsp; 49562 |
| NM Holdings Co. LLC, Series B, 9.50%, 07/01/05<sup>(c)(d)(g)</sup> |  | 5125 | &nbsp;&nbsp; 1 |
|  |  |  | &nbsp;&nbsp; 320244 |
| **Insurance**<sup>(b)</sup> **— 1.6%** | **Insurance**<sup>(b)</sup> **— 1.6%** | **Insurance**<sup>(b)</sup> **— 1.6%** | **Insurance**<sup>(b)</sup> **— 1.6%** |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant Holdings Co-<br> Issuer<br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/27 |  | 275 | &nbsp;&nbsp; 269516 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/15/27 |  | 344 | &nbsp;&nbsp; 343738 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/28 |  | 37 | &nbsp;&nbsp; 37202 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29 |  | 373 | &nbsp;&nbsp; 360888 |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/31 |  | 415 | &nbsp;&nbsp; 418532 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/31 |  | 18 | &nbsp;&nbsp; 17675 |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/32 |  | 894 | &nbsp;&nbsp; 885463 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| AmWINS Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/15/29 | USD | 24 | &nbsp;&nbsp; $24139 |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/30/29 |  | 88 | &nbsp;&nbsp; 84301 |
| &nbsp;&nbsp;&nbsp; Amynta Agency Borrower, Inc. and Amynta Warranty <br> Borrower, Inc., 7.50%, 07/15/33<br>|  | 198 | &nbsp;&nbsp; 187771 |
| &nbsp;&nbsp;&nbsp; APH Somerset Investor 2 LLC/APH2 Somerset Investor <br> 2 LLC/APH3 Somerset Investor 2 LLC, 7.88%, <br> 11/01/29<br>|  | 63 | &nbsp;&nbsp; 56969 |
| Ardonagh Finco Ltd., 7.75%, 02/15/31 |  | 600 | &nbsp;&nbsp; 607030 |
| Ardonagh Group Finance Ltd., 8.88%, 02/15/32 |  | 800 | &nbsp;&nbsp; 783810 |
| Asurion LLC/Asurion Co-Issuer, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 12/31/32 |  | 394 | &nbsp;&nbsp; 408754 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/01/34 |  | 309 | &nbsp;&nbsp; 299996 |
| &nbsp;&nbsp;&nbsp; Howden U.K. Refinance PLC/Howden U.K. Refinance <br> 2 PLC/Howden U.S. Refinance LLC<br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/31 |  | 400 | &nbsp;&nbsp; 403368 |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/15/32 |  | 245 | &nbsp;&nbsp; 229553 |
| HUB International Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/30 |  | 989 | &nbsp;&nbsp; 1013136 |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/31/32 |  | 1466 | &nbsp;&nbsp; 1495266 |
| Jones Deslauriers Insurance Management, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 03/15/30 |  | 136 | &nbsp;&nbsp; 138234 |
| &nbsp;&nbsp;&nbsp; 6.88%, 10/01/33 |  | 179 | &nbsp;&nbsp; 163753 |
| Panther Escrow Issuer LLC, 7.13%, 06/01/31 |  | 1100 | &nbsp;&nbsp; 1103695 |
| Ryan Specialty LLC, 5.88%, 08/01/32 |  | 265 | &nbsp;&nbsp; 261917 |
| USI, Inc., 7.50%, 01/15/32 |  | 232 | &nbsp;&nbsp; 235053 |
|  |  |  | &nbsp;&nbsp; 9829759 |
| **Interactive Media & Services**<sup>(b)</sup> **— 1.2%** | **Interactive Media & Services**<sup>(b)</sup> **— 1.2%** | **Interactive Media & Services**<sup>(b)</sup> **— 1.2%** | **Interactive Media & Services**<sup>(b)</sup> **— 1.2%** |
| Beignet Investor LLC, 6.58%, 05/30/49 |  | 6664 | &nbsp;&nbsp; 6851631 |
| &nbsp;&nbsp;&nbsp; ION Platform Finance U.S., Inc./ION Platform Finance <br> SARL, 5.00%, 05/01/28<br>|  | 189 | &nbsp;&nbsp; 176535 |
| Snap, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/01/33 |  | 250 | &nbsp;&nbsp; 236068 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/15/34 |  | 254 | &nbsp;&nbsp; 238904 |
|  |  |  | &nbsp;&nbsp; 7503138 |
| **Internet Software & Services**<sup>(b)</sup> **— 0.2%** | **Internet Software & Services**<sup>(b)</sup> **— 0.2%** | **Internet Software & Services**<sup>(b)</sup> **— 0.2%** | **Internet Software & Services**<sup>(b)</sup> **— 0.2%** |
| Getty Images, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 11.25%, 02/21/30 |  | 393 | &nbsp;&nbsp; 353932 |
| &nbsp;&nbsp;&nbsp; 10.50%, 11/15/30 |  | 38 | &nbsp;&nbsp; 34079 |
| Match Group Holdings II LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/01/30 |  | 137 | &nbsp;&nbsp; 126962 |
| &nbsp;&nbsp;&nbsp; 3.63%, 10/01/31 |  | 65 | &nbsp;&nbsp; 57790 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/33 |  | 141 | &nbsp;&nbsp; 137026 |
| Rakuten Group, Inc., 9.75%, 04/15/29 |  | 200 | &nbsp;&nbsp; 213120 |
| Uber Technologies, Inc., 4.50%, 08/15/29 |  | 330 | &nbsp;&nbsp; 327204 |
|  |  |  | &nbsp;&nbsp; 1250113 |
| **IT Services**<sup>(b)</sup> **— 0.2%** | **IT Services**<sup>(b)</sup> **— 0.2%** | **IT Services**<sup>(b)</sup> **— 0.2%** | **IT Services**<sup>(b)</sup> **— 0.2%** |
| Amentum Holdings, Inc., 7.25%, 08/01/32 |  | 21 | &nbsp;&nbsp; 21731 |
| CACI International, Inc., 6.38%, 06/15/33 |  | 188 | &nbsp;&nbsp; 191370 |
| CoreWeave, Inc., 9.25%, 06/01/30 |  | 113 | &nbsp;&nbsp; 109797 |
| Fair Isaac Corp., 6.00%, 05/15/33 |  | 329 | &nbsp;&nbsp; 322822 |
| Fortress Intermediate 3, Inc., 7.50%, 06/01/31 |  | 311 | &nbsp;&nbsp; 309087 |
| KBR, Inc., 4.75%, 09/30/28 |  | 75 | &nbsp;&nbsp; 73337 |
| McAfee Corp., 7.38%, 02/15/30 |  | 99 | &nbsp;&nbsp; 81793 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp., 5.88%, <br> 11/01/33<br>|  | 207 | &nbsp;&nbsp; 202006 |
|  |  |  | &nbsp;&nbsp; 1311943 |
| **Leisure Products**<sup>(b)</sup> **— 0.3%** | **Leisure Products**<sup>(b)</sup> **— 0.3%** | **Leisure Products**<sup>(b)</sup> **— 0.3%** | **Leisure Products**<sup>(b)</sup> **— 0.3%** |
| Acushnet Co., 5.63%, 12/01/33 |  | 39 | &nbsp;&nbsp; 38698 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Leisure Products (continued)** | **Leisure Products (continued)** | **Leisure Products (continued)** | **Leisure Products (continued)** |
| Carnival Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/31 | USD | 66 | &nbsp;&nbsp; $66811 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/01/32 |  | 45 | &nbsp;&nbsp; 44986 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/15/33 |  | 384 | &nbsp;&nbsp; 387850 |
| Carnival PLC, 4.13%, 07/15/31 | EUR | 125 | &nbsp;&nbsp; 140673 |
| Lindblad Expeditions LLC, 7.00%, 09/15/30 | USD | 160 | &nbsp;&nbsp; 163359 |
| NCL Corp. Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/31 |  | 14 | &nbsp;&nbsp; 13602 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/32 |  | 13 | &nbsp;&nbsp; 12901 |
| &nbsp;&nbsp;&nbsp; 6.25%, 09/15/33 |  | 441 | &nbsp;&nbsp; 427919 |
| Sabre Financial Borrower LLC, 11.13%, 06/15/29 |  | 261 | &nbsp;&nbsp; 267087 |
| Viking Cruises Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/29 |  | 13 | &nbsp;&nbsp; 13024 |
| &nbsp;&nbsp;&nbsp; 9.13%, 07/15/31 |  | 177 | &nbsp;&nbsp; 186725 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/15/33 |  | 273 | &nbsp;&nbsp; 269536 |
| Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29 |  | 27 | &nbsp;&nbsp; 26959 |
|  |  |  | &nbsp;&nbsp; 2060130 |
| **Machinery — 0.3%** | **Machinery — 0.3%** | **Machinery — 0.3%** | **Machinery — 0.3%** |
| ATS Corp., 4.13%, 12/15/28<sup>(b)</sup> |  | 35 | &nbsp;&nbsp; 33730 |
| Chart Industries, Inc., 7.50%, 01/01/30<sup>(b)</sup> |  | 182 | &nbsp;&nbsp; 189081 |
| Columbus McKinnon Corp., 7.13%, 02/01/33<sup>(b)</sup> |  | 76 | &nbsp;&nbsp; 75965 |
| Esab Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/29 |  | 66 | &nbsp;&nbsp; 66983 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/01/31 |  | 194 | &nbsp;&nbsp; 195360 |
| GrafTech Global Enterprises, Inc., 9.88%, 12/23/29<sup>(b)</sup> |  | 35 | &nbsp;&nbsp; 22355 |
| Lsf12 Helix Parent LLC, 7.13%, 02/01/33<sup>(b)</sup> |  | 143 | &nbsp;&nbsp; 137624 |
| Manitowoc Co., Inc., 9.25%, 10/01/31<sup>(b)</sup> |  | 32 | &nbsp;&nbsp; 33417 |
| Terex Corp., 6.25%, 10/15/32<sup>(b)</sup> |  | 133 | &nbsp;&nbsp; 133867 |
| TK Elevator Midco GmbH, 4.38%, 07/15/27<sup>(h)</sup> | EUR | 38 | &nbsp;&nbsp; 43662 |
| TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 199477 |
| Vertiv Group Corp., 4.13%, 11/15/28<sup>(b)</sup> |  | 781 | &nbsp;&nbsp; 769111 |
|  |  |  | &nbsp;&nbsp; 1900632 |
| **Media — 1.0%** | **Media — 1.0%** | **Media — 1.0%** | **Media — 1.0%** |
| Adelphia Communications Corp., 10.50%, 12/31/49<sup>(c)(g)</sup> |  | 400 | &nbsp;&nbsp; — |
| Block Communications, Inc., 10.25%, 03/01/31<sup>(b)</sup> |  | 30 | &nbsp;&nbsp; 27448 |
| Cable One, Inc., 1.13%, 03/15/28<sup>(i)</sup> |  | 111 | &nbsp;&nbsp; 83472 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/01/29<sup>(b)</sup> |  | 376 | &nbsp;&nbsp; 370831 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/01/29<sup>(b)</sup> |  | 159 | &nbsp;&nbsp; 159488 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/30<sup>(b)</sup> |  | 290 | &nbsp;&nbsp; 275174 |
| &nbsp;&nbsp;&nbsp; 4.50%, 08/15/30<sup>(b)</sup> |  | 22 | &nbsp;&nbsp; 20559 |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/01/31<sup>(b)</sup> |  | 265 | &nbsp;&nbsp; 241535 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/32<sup>(b)</sup> |  | 170 | &nbsp;&nbsp; 153708 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/32 |  | 9 | &nbsp;&nbsp; 8039 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/01/33<sup>(b)</sup> |  | 119 | &nbsp;&nbsp; 119328 |
| &nbsp;&nbsp;&nbsp; 4.50%, 06/01/33<sup>(b)</sup> |  | 158 | &nbsp;&nbsp; 137559 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/34<sup>(b)</sup> |  | 278 | &nbsp;&nbsp; 237827 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/01/36<sup>(b)</sup> |  | 359 | &nbsp;&nbsp; 357509 |
| CSC Holdings LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27 |  | 200 | &nbsp;&nbsp; 173479 |
| &nbsp;&nbsp;&nbsp; 5.38%, 02/01/28 |  | 200 | &nbsp;&nbsp; 147910 |
| &nbsp;&nbsp;&nbsp; 11.25%, 05/15/28 |  | 400 | &nbsp;&nbsp; 326858 |
| Directv Financing LLC, 8.88%, 02/01/30<sup>(b)</sup> |  | 154 | &nbsp;&nbsp; 153657 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing Co-Obligor, <br> Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/15/27 |  | 95 | &nbsp;&nbsp; 94900 |
| &nbsp;&nbsp;&nbsp; 10.00%, 02/15/31 |  | 300 | &nbsp;&nbsp; 306249 |
| Discovery Communications LLC, 3.95%, 03/20/28 |  | 89 | &nbsp;&nbsp; 87193 |
| DISH DBS Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/26 |  | 254 | &nbsp;&nbsp; 251822 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/28 |  | 215 | &nbsp;&nbsp; 207946 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Media (continued)** | **Media (continued)** | **Media (continued)** | **Media (continued)** |
| DISH Network Corp., 11.75%, 11/15/27<sup>(b)</sup> | USD | 593 | &nbsp;&nbsp; $610935 |
| Gray Media, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/15/29 |  | 50 | &nbsp;&nbsp; 53133 |
| &nbsp;&nbsp;&nbsp; 9.63%, 07/15/32 |  | 190 | &nbsp;&nbsp; 189988 |
| &nbsp;&nbsp;&nbsp; 7.25%, 08/15/33 |  | 254 | &nbsp;&nbsp; 255948 |
| &nbsp;&nbsp;&nbsp; LCPR Senior Secured Financing DAC, 6.75%, <br> 10/15/27<sup>(b)</sup><br>|  | 180 | &nbsp;&nbsp; 120093 |
| Midcontinent Communications, 8.00%, 08/15/32<sup>(b)</sup> |  | 77 | &nbsp;&nbsp; 71714 |
| Sinclair Television Group, Inc., 8.13%, 02/15/33<sup>(b)</sup> |  | 169 | &nbsp;&nbsp; 171800 |
| Sirius XM Radio LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/27 |  | 20 | &nbsp;&nbsp; 19972 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/28 |  | 53 | &nbsp;&nbsp; 51159 |
| Univision Communications, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/15/28 |  | 430 | &nbsp;&nbsp; 436447 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/31/31 |  | 306 | &nbsp;&nbsp; 307493 |
| &nbsp;&nbsp;&nbsp; 9.38%, 08/01/32 |  | 50 | &nbsp;&nbsp; 51531 |
| Versant Media Group, Inc., 7.25%, 01/30/31<sup>(b)</sup> |  | 43 | &nbsp;&nbsp; 44006 |
|  |  |  | &nbsp;&nbsp; 6326710 |
| **Metals & Mining — 0.8%** | **Metals & Mining — 0.8%** | **Metals & Mining — 0.8%** | **Metals & Mining — 0.8%** |
| Advanced Drainage Systems, Inc., 6.38%, 06/15/30<sup>(b)</sup> |  | 184 | &nbsp;&nbsp; 185599 |
| Arsenal AIC Parent LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 10/01/30 |  | 46 | &nbsp;&nbsp; 47894 |
| &nbsp;&nbsp;&nbsp; 11.50%, 10/01/31 |  | 561 | &nbsp;&nbsp; 606162 |
| &nbsp;&nbsp;&nbsp; Big River Steel LLC/BRS Finance Corp., 6.63%, <br> 01/31/29<sup>(b)</sup><br>|  | 296 | &nbsp;&nbsp; 295315 |
| Carpenter Technology Corp., 5.63%, 03/01/34<sup>(b)</sup> |  | 104 | &nbsp;&nbsp; 103042 |
| Cleveland-Cliffs, Inc., 6.88%, 11/01/29<sup>(b)</sup> |  | 165 | &nbsp;&nbsp; 164985 |
| Commercial Metals Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/33 |  | 120 | &nbsp;&nbsp; 118738 |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/15/35 |  | 123 | &nbsp;&nbsp; 121259 |
| Constellium SE<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/15/29 |  | 500 | &nbsp;&nbsp; 476882 |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/15/32 |  | 250 | &nbsp;&nbsp; 252710 |
| ERO Copper Corp., 6.50%, 02/15/30<sup>(b)</sup> |  | 252 | &nbsp;&nbsp; 249452 |
| First Quantum Minerals Ltd., 6.38%, 02/15/36<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 191361 |
| Kaiser Aluminum Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 06/01/31 |  | 468 | &nbsp;&nbsp; 442137 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/34 |  | 346 | &nbsp;&nbsp; 339726 |
| New Gold, Inc., 6.88%, 04/01/32<sup>(b)</sup> |  | 235 | &nbsp;&nbsp; 242886 |
| Novelis Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/30/30 |  | 195 | &nbsp;&nbsp; 183787 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/30/30 |  | 123 | &nbsp;&nbsp; 124067 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/31 |  | 81 | &nbsp;&nbsp; 72143 |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/15/33 |  | 362 | &nbsp;&nbsp; 355083 |
| Novelis Sheet Ingot GmbH, 3.38%, 04/15/29<sup>(h)</sup> | EUR | 100 | &nbsp;&nbsp; 109677 |
| Vallourec SACA, 7.50%, 04/15/32<sup>(b)</sup> | USD | 200 | &nbsp;&nbsp; 209603 |
|  |  |  | &nbsp;&nbsp; 4892508 |
| **Mortgage Real Estate Investment Trusts (REITs)**<sup>(b)</sup> **— 0.1%** | **Mortgage Real Estate Investment Trusts (REITs)**<sup>(b)</sup> **— 0.1%** | **Mortgage Real Estate Investment Trusts (REITs)**<sup>(b)</sup> **— 0.1%** | **Mortgage Real Estate Investment Trusts (REITs)**<sup>(b)</sup> **— 0.1%** |
| Blackstone Mortgage Trust, Inc., 3.75%, 01/15/27 |  | 124 | &nbsp;&nbsp; 121875 |
| Starwood Property Trust, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 04/01/29 |  | 43 | &nbsp;&nbsp; 44274 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30 |  | 21 | &nbsp;&nbsp; 20959 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/01/30 |  | 10 | &nbsp;&nbsp; 10213 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/15/30 |  | 182 | &nbsp;&nbsp; 184587 |
|  |  |  | &nbsp;&nbsp; 381908 |
| **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** |
| &nbsp;&nbsp;&nbsp; AmeriGas Partners LP/AmeriGas Finance Corp., 9.50%, <br> 06/01/30<sup>(b)</sup><br>|  | 38 | &nbsp;&nbsp; 40258 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Oil, Gas & Consumable Fuels — 1.6%** | **Oil, Gas & Consumable Fuels — 1.6%** | **Oil, Gas & Consumable Fuels — 1.6%** | **Oil, Gas & Consumable Fuels — 1.6%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR LP/Aethon United Finance Corp., <br> 7.50%, 10/01/29<sup>(b)</sup><br>| USD | 93 | &nbsp;&nbsp; $96996 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero Midstream <br> Finance Corp., 5.38%, 06/15/29<sup>(b)</sup><br>|  | 66 | &nbsp;&nbsp; 65788 |
| &nbsp;&nbsp;&nbsp; Ascent Resources Utica Holdings LLC/ARU Finance <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 9.00%, 11/01/27 |  | 38 | &nbsp;&nbsp; 44365 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/30/29 |  | 89 | &nbsp;&nbsp; 88918 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/33 |  | 54 | &nbsp;&nbsp; 54927 |
| Blue Racer Midstream LLC/Blue Racer Finance Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 07/15/29 |  | 119 | &nbsp;&nbsp; 122935 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/15/32 |  | 45 | &nbsp;&nbsp; 46745 |
| Buckeye Partners LP |  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/01/29<sup>(b)</sup> |  | 4 | &nbsp;&nbsp; 4117 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/30<sup>(b)</sup> |  | 23 | &nbsp;&nbsp; 23736 |
| &nbsp;&nbsp;&nbsp; 5.85%, 11/15/43 |  | 16 | &nbsp;&nbsp; 14482 |
| &nbsp;&nbsp;&nbsp; 5.60%, 10/15/44 |  | 1 | &nbsp;&nbsp; 877 |
| California Resources Corp., 7.00%, 01/15/34<sup>(b)</sup> |  | 47 | &nbsp;&nbsp; 47384 |
| Caturus Energy LLC, 8.50%, 02/15/30<sup>(b)</sup> |  | 285 | &nbsp;&nbsp; 295720 |
| Chord Energy Corp., 6.75%, 03/15/33<sup>(b)</sup> |  | 30 | &nbsp;&nbsp; 30973 |
| CITGO Petroleum Corp., 8.38%, 01/15/29<sup>(b)</sup> |  | 130 | &nbsp;&nbsp; 134249 |
| CNX Midstream Partners LP, 4.75%, 04/15/30<sup>(b)</sup> |  | 32 | &nbsp;&nbsp; 30424 |
| CNX Resources Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 03/01/32 |  | 29 | &nbsp;&nbsp; 29883 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/34 |  | 109 | &nbsp;&nbsp; 106153 |
| Comstock Resources, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/29 |  | 378 | &nbsp;&nbsp; 373167 |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/30 |  | 2 | &nbsp;&nbsp; 1935 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, <br> 06/15/31<sup>(b)</sup><br>|  | 250 | &nbsp;&nbsp; 243811 |
| Crescent Energy Finance LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 07/31/29 |  | 27 | &nbsp;&nbsp; 27203 |
| &nbsp;&nbsp;&nbsp; 9.75%, 10/15/30 |  | 28 | &nbsp;&nbsp; 29960 |
| &nbsp;&nbsp;&nbsp; 7.63%, 04/01/32 |  | 115 | &nbsp;&nbsp; 116705 |
| &nbsp;&nbsp;&nbsp; 7.38%, 01/15/33 |  | 82 | &nbsp;&nbsp; 81979 |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/34 |  | 43 | &nbsp;&nbsp; 44952 |
| CVR Energy, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 02/15/31 |  | 47 | &nbsp;&nbsp; 47351 |
| &nbsp;&nbsp;&nbsp; 7.88%, 02/15/34 |  | 30 | &nbsp;&nbsp; 30105 |
| DBR Land Holdings LLC, 6.25%, 12/01/30<sup>(b)</sup> |  | 64 | &nbsp;&nbsp; 64799 |
| &nbsp;&nbsp;&nbsp; Delek Logistics Partners LP/Delek Logistics Finance <br> Corp., 7.38%, 06/30/33<sup>(b)</sup><br>|  | 92 | &nbsp;&nbsp; 92761 |
| &nbsp;&nbsp;&nbsp; Diamond Foreign Asset Co./Diamond Finance LLC, <br> 8.50%, 10/01/30<sup>(b)</sup><br>|  | 32 | &nbsp;&nbsp; 33806 |
| EG Global Finance PLC, 12.00%, 11/30/28<sup>(b)</sup> |  | 415 | &nbsp;&nbsp; 444030 |
| Enbridge, Inc.<sup>(a)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (5-year CMT + 2.97%), 7.20%, 06/27/54 |  | 40 | &nbsp;&nbsp; 42071 |
| &nbsp;&nbsp;&nbsp; (5-year CMT + 3.12%), 7.38%, 03/15/55 |  | 54 | &nbsp;&nbsp; 56729 |
| Energy Transfer LP<sup>(a)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; (5-year CMT + 2.83%), 7.13%, 10/01/54 |  | 75 | &nbsp;&nbsp; 76175 |
| &nbsp;&nbsp;&nbsp; (5-year CMT + 4.02%), 8.00%, 05/15/54 |  | 127 | &nbsp;&nbsp; 133019 |
| &nbsp;&nbsp;&nbsp; Series H, (5-year CMT + 5.69%), 6.50%<sup>(k)</sup> |  | 129 | &nbsp;&nbsp; 128741 |
| Genesis Energy LP/Genesis Energy Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/15/33 |  | 18 | &nbsp;&nbsp; 18599 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/34 |  | 199 | &nbsp;&nbsp; 198060 |
| &nbsp;&nbsp;&nbsp; Global Partners LP/GLP Finance Corp., 7.13%, <br> 07/01/33<sup>(b)</sup><br>|  | 39 | &nbsp;&nbsp; 39318 |
| Gulfport Energy Operating Corp., 6.75%, 09/01/29<sup>(b)</sup> |  | 45 | &nbsp;&nbsp; 46022 |
| Harvest Midstream I LP, 7.50%, 05/15/32<sup>(b)</sup> |  | 25 | &nbsp;&nbsp; 25482 |
| Hess Midstream Operations LP<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/29 |  | 48 | &nbsp;&nbsp; 49033 |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/30 |  | 34 | &nbsp;&nbsp; 32672 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| Hilcorp Energy I LP/Hilcorp Finance Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/28 | USD | 3 | &nbsp;&nbsp; $3006 |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/01/29 |  | 54 | &nbsp;&nbsp; 53245 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30 |  | 5 | &nbsp;&nbsp; 4867 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/32 |  | 5 | &nbsp;&nbsp; 4839 |
| &nbsp;&nbsp;&nbsp; 8.38%, 11/01/33 |  | 135 | &nbsp;&nbsp; 140850 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/34 |  | 34 | &nbsp;&nbsp; 33218 |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/35 |  | 19 | &nbsp;&nbsp; 18941 |
| Howard Midstream Energy Partners LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 07/15/32 |  | 27 | &nbsp;&nbsp; 27919 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/34 |  | 168 | &nbsp;&nbsp; 168639 |
| Infinity Natural Resources LLC, 7.63%, 04/01/31<sup>(b)</sup> |  | 76 | &nbsp;&nbsp; 76401 |
| ITT Holdings LLC, 6.50%, 08/01/29<sup>(b)</sup> |  | 220 | &nbsp;&nbsp; 213914 |
| Kinetik Holdings LP, 5.88%, 06/15/30<sup>(b)</sup> |  | 6 | &nbsp;&nbsp; 6022 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas <br> Finance Corp., 6.88%, 12/01/32<sup>(b)</sup><br>|  | 82 | &nbsp;&nbsp; 84390 |
| Matador Resources Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/32 |  | 146 | &nbsp;&nbsp; 147590 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/34 |  | 95 | &nbsp;&nbsp; 94399 |
| Nabors Industries, Inc., 7.63%, 11/15/32<sup>(b)</sup> |  | 62 | &nbsp;&nbsp; 63466 |
| &nbsp;&nbsp;&nbsp; NGL Energy Operating LLC/NGL Energy Finance <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/15/29 |  | 70 | &nbsp;&nbsp; 72110 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/15/32 |  | 163 | &nbsp;&nbsp; 167979 |
| Noble Finance II LLC, 8.00%, 04/15/30<sup>(b)</sup> |  | 16 | &nbsp;&nbsp; 16473 |
| Northern Oil & Gas, Inc., 7.88%, 10/15/33<sup>(b)</sup> |  | 107 | &nbsp;&nbsp; 110708 |
| Northriver Midstream Finance LP, 6.75%, 07/15/32<sup>(b)</sup> |  | 42 | &nbsp;&nbsp; 42124 |
| &nbsp;&nbsp;&nbsp; PBF Holding Co. LLC/PBF Finance Corp., 7.88%, <br> 09/15/30<sup>(b)</sup><br>|  | 34 | &nbsp;&nbsp; 34915 |
| Permian Resources Operating LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 04/15/27 |  | 70 | &nbsp;&nbsp; 70060 |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/32 |  | 57 | &nbsp;&nbsp; 59023 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/01/33 |  | 301 | &nbsp;&nbsp; 306609 |
| Prairie Acquiror LP, 9.00%, 08/01/29<sup>(b)</sup> |  | 50 | &nbsp;&nbsp; 51649 |
| Rockies Express Pipeline LLC, 4.95%, 07/15/29<sup>(b)</sup> |  | 14 | &nbsp;&nbsp; 13651 |
| SM Energy Co.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.75%, 07/01/31 |  | 48 | &nbsp;&nbsp; 50174 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/34 |  | 218 | &nbsp;&nbsp; 217384 |
| Sunoco LP<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/15/31 |  | 40 | &nbsp;&nbsp; 39817 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/15/32 |  | 45 | &nbsp;&nbsp; 45705 |
| &nbsp;&nbsp;&nbsp; 6.25%, 07/01/33 |  | 48 | &nbsp;&nbsp; 48209 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/34 |  | 83 | &nbsp;&nbsp; 82083 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy Finance <br> Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/28 |  | 35 | &nbsp;&nbsp; 34704 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/29 |  | 149 | &nbsp;&nbsp; 153282 |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/01/31 |  | 32 | &nbsp;&nbsp; 31578 |
| TGNR Intermediate Holdings LLC, 5.50%, 10/15/29<sup>(b)</sup> |  | 135 | &nbsp;&nbsp; 131997 |
| TransMontaigne Partners LLC, 8.50%, 06/15/30<sup>(b)</sup> |  | 15 | &nbsp;&nbsp; 15164 |
| Transocean International Ltd.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/29 |  | 15 | &nbsp;&nbsp; 15499 |
| &nbsp;&nbsp;&nbsp; 8.75%, 02/15/30 |  | 33 | &nbsp;&nbsp; 34222 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/31 |  | 91 | &nbsp;&nbsp; 95441 |
| &nbsp;&nbsp;&nbsp; 7.88%, 10/15/32 |  | 57 | &nbsp;&nbsp; 60905 |
| Valaris Ltd., 8.38%, 04/30/30<sup>(b)</sup> |  | 59 | &nbsp;&nbsp; 61135 |
| Venture Global LNG, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/01/29 |  | 323 | &nbsp;&nbsp; 349258 |
| &nbsp;&nbsp;&nbsp; 8.38%, 06/01/31 |  | 333 | &nbsp;&nbsp; 346312 |
| &nbsp;&nbsp;&nbsp; 9.88%, 02/01/32 |  | 485 | &nbsp;&nbsp; 520884 |
| Venture Global Plaquemines LNG LLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 12/15/30 |  | 228 | &nbsp;&nbsp; 234481 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| Venture Global Plaquemines LNG LLC<sup>(b)</sup> (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/01/33 | USD | 62 | &nbsp;&nbsp; $68151 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/15/34 |  | 271 | &nbsp;&nbsp; 282502 |
| &nbsp;&nbsp;&nbsp; 7.75%, 05/01/35 |  | 141 | &nbsp;&nbsp; 158030 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/15/36 |  | 470 | &nbsp;&nbsp; 497802 |
| Vital Energy, Inc., 7.88%, 04/15/32<sup>(b)</sup> |  | 50 | &nbsp;&nbsp; 51083 |
| Wildfire Intermediate Holdings LLC, 7.50%, 10/15/29<sup>(b)</sup> |  | 178 | &nbsp;&nbsp; 180362 |
|  |  |  | &nbsp;&nbsp; 9610328 |
| **Passenger Airlines — 0.1%** | **Passenger Airlines — 0.1%** | **Passenger Airlines — 0.1%** | **Passenger Airlines — 0.1%** |
| &nbsp;&nbsp;&nbsp; American Airlines, Inc./AAdvantage Loyalty IP Ltd., <br> 5.75%, 04/20/29<sup>(b)</sup><br>|  | 11 | &nbsp;&nbsp; 11437 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp./JetBlue Loyalty LP, 9.88%, <br> 09/20/31<sup>(b)</sup><br>|  | 93 | &nbsp;&nbsp; 87890 |
| OneSky Flight LLC, 8.88%, 12/15/29<sup>(b)</sup> |  | 59 | &nbsp;&nbsp; 60901 |
| United Airlines Holdings, Inc., 5.38%, 03/01/31 |  | 112 | &nbsp;&nbsp; 109684 |
|  |  |  | &nbsp;&nbsp; 269912 |
| **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** |
| Opal Bidco SAS, 6.50%, 03/31/32<sup>(b)</sup> |  | 200 | &nbsp;&nbsp; 200193 |
| Perrigo Finance Unlimited Co., 6.13%, 09/30/32 |  | 190 | &nbsp;&nbsp; 173362 |
|  |  |  | &nbsp;&nbsp; 373555 |
| **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** |
| 1261229 B.C. Ltd., 10.00%, 04/15/32<sup>(b)</sup> |  | 3165 | &nbsp;&nbsp; 3240466 |
| Amneal Pharmaceuticals LLC, 6.88%, 08/01/32<sup>(b)</sup> |  | 56 | &nbsp;&nbsp; 57649 |
| Bausch Health Cos., Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/28 |  | 48 | &nbsp;&nbsp; 43954 |
| &nbsp;&nbsp;&nbsp; 11.00%, 09/30/28 |  | 277 | &nbsp;&nbsp; 282551 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, 3.15%, <br> 10/01/26<br>|  | 130 | &nbsp;&nbsp; 128743 |
|  |  |  | &nbsp;&nbsp; 3753363 |
| **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Anywhere Co-Issuer <br> Corp., Series AI, 7.00%, 04/15/30<br>|  | 80 | &nbsp;&nbsp; 80111 |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Realogy Co-Issuer <br> Corp., 9.75%, 04/15/30<sup>(b)</sup><br>|  | 42 | &nbsp;&nbsp; 44586 |
| CoreLogic, Inc., 4.50%, 05/01/28<sup>(b)</sup> |  | 513 | &nbsp;&nbsp; 481594 |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC, 8.88%, <br> 09/01/31<sup>(b)</sup><br>|  | 65 | &nbsp;&nbsp; 68853 |
| Five Point Operating Co. LP, 8.00%, 10/01/30<sup>(b)</sup> |  | 27 | &nbsp;&nbsp; 26936 |
| Howard Hughes Corp.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/31 |  | 35 | &nbsp;&nbsp; 32132 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/32 |  | 53 | &nbsp;&nbsp; 51001 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/01/34 |  | 53 | &nbsp;&nbsp; 50897 |
|  |  |  | &nbsp;&nbsp; 836110 |
| **Retail REITs — 0.0%** | **Retail REITs — 0.0%** | **Retail REITs — 0.0%** | **Retail REITs — 0.0%** |
| &nbsp;&nbsp;&nbsp; Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR <br> Nimbus LLC/GGSI Sellco LLC, 4.50%, 04/01/27<sup>(b)</sup><br>|  | 97 | &nbsp;&nbsp; 95145 |
| **Semiconductors & Semiconductor Equipment — 0.0%** | **Semiconductors & Semiconductor Equipment — 0.0%** | **Semiconductors & Semiconductor Equipment — 0.0%** | **Semiconductors & Semiconductor Equipment — 0.0%** |
| Amkor Technology, Inc., 5.88%, 10/01/33<sup>(b)</sup> |  | 25 | &nbsp;&nbsp; 24898 |
| Microchip Technology, Inc., 0.00%, 02/15/30<sup>(b)(i)(j)</sup> |  | 55 | &nbsp;&nbsp; 53653 |
| ON Semiconductor Corp., 0.50%, 03/01/29<sup>(i)</sup> |  | 61 | &nbsp;&nbsp; 59627 |
|  |  |  | &nbsp;&nbsp; 138178 |
| **Software — 0.8%** | **Software — 0.8%** | **Software — 0.8%** | **Software — 0.8%** |
| AthenaHealth Group, Inc., 6.50%, 02/15/30<sup>(b)</sup> |  | 823 | &nbsp;&nbsp; 772487 |
| Capstone Borrower, Inc., 8.00%, 06/15/30<sup>(b)</sup> |  | 112 | &nbsp;&nbsp; 107014 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC/CDK Global II LLC/CDK Financing <br> Co., Inc., 8.00%, 06/15/29<sup>(b)</sup><br>|  | 197 | &nbsp;&nbsp; 146407 |
| &nbsp;&nbsp;&nbsp; Central Parent, Inc./CDK Global, Inc., 7.25%, <br> 06/15/29<sup>(b)</sup><br>|  | 51 | &nbsp;&nbsp; 36705 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** | **Software (continued)** |
| Cloud Software Group, Inc.<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/31/29 | USD | 559 | &nbsp;&nbsp; $545344 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/30/29 |  | 1382 | &nbsp;&nbsp; 1333179 |
| Ellucian Holdings, Inc., 6.50%, 12/01/29<sup>(b)</sup> |  | 183 | &nbsp;&nbsp; 178748 |
| OAK-Eagle Acquireco, Inc.<sup>(b)(l)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 07/01/33 |  | 415 | &nbsp;&nbsp; 429979 |
| &nbsp;&nbsp;&nbsp; 07/01/34 |  | 408 | &nbsp;&nbsp; 427132 |
| Oracle Corp., 5.70%, 02/04/36 |  | 240 | &nbsp;&nbsp; 230757 |
| Playtika Holding Corp., 4.25%, 03/15/29<sup>(b)</sup> |  | 21 | &nbsp;&nbsp; 16386 |
| SS&C Technologies, Inc., 6.50%, 06/01/32<sup>(b)</sup> |  | 254 | &nbsp;&nbsp; 254009 |
| UKG, Inc., 6.88%, 02/01/31<sup>(b)</sup> |  | 242 | &nbsp;&nbsp; 236510 |
|  |  |  | &nbsp;&nbsp; 4714657 |
| **Specialty Retail**<sup>(b)</sup> **— 0.1%** | **Specialty Retail**<sup>(b)</sup> **— 0.1%** | **Specialty Retail**<sup>(b)</sup> **— 0.1%** | **Specialty Retail**<sup>(b)</sup> **— 0.1%** |
| Advance Auto Parts, Inc., 7.00%, 08/01/30 |  | 53 | &nbsp;&nbsp; 53692 |
| Ferrellgas LP/Ferrellgas Finance Corp., 9.25%, 01/15/31 |  | 63 | &nbsp;&nbsp; 65642 |
| Michaels Cos., Inc., 8.50%, 03/15/33 |  | 177 | &nbsp;&nbsp; 172308 |
| Staples, Inc., 10.75%, 09/01/29 |  | 45 | &nbsp;&nbsp; 41617 |
| &nbsp;&nbsp;&nbsp; Suburban Propane Partners LP/Suburban Energy <br> Finance Corp., 5.00%, 06/01/31<br>|  | 29 | &nbsp;&nbsp; 27285 |
|  |  |  | &nbsp;&nbsp; 360544 |
| **Technology Hardware, Storage & Peripherals**<sup>(b)</sup> **— 0.1%** | **Technology Hardware, Storage & Peripherals**<sup>(b)</sup> **— 0.1%** | **Technology Hardware, Storage & Peripherals**<sup>(b)</sup> **— 0.1%** | **Technology Hardware, Storage & Peripherals**<sup>(b)</sup> **— 0.1%** |
| Seagate Data Storage Technology Pte. Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 12/15/29 |  | 54 | &nbsp;&nbsp; 56710 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/15/30 |  | 172 | &nbsp;&nbsp; 174828 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/15/31 |  | 76 | &nbsp;&nbsp; 79682 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/34 |  | 29 | &nbsp;&nbsp; 28891 |
|  |  |  | &nbsp;&nbsp; 340111 |
| **Textiles, Apparel & Luxury Goods**<sup>(b)</sup> **— 0.1%** | **Textiles, Apparel & Luxury Goods**<sup>(b)</sup> **— 0.1%** | **Textiles, Apparel & Luxury Goods**<sup>(b)</sup> **— 0.1%** | **Textiles, Apparel & Luxury Goods**<sup>(b)</sup> **— 0.1%** |
| Beach Acquisition Bidco LLC |  |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/32 | EUR | 200 | &nbsp;&nbsp; 221713 |
| &nbsp;&nbsp;&nbsp; (10.00% Cash or 10.75% PIK), 10.00%, 07/15/33<sup>(f)</sup> | USD | 252 | &nbsp;&nbsp; 268296 |
| Crocs, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/15/29 |  | 57 | &nbsp;&nbsp; 54710 |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/31 |  | 13 | &nbsp;&nbsp; 11698 |
|  |  |  | &nbsp;&nbsp; 556417 |
| **Transportation Infrastructure — 0.0%** | **Transportation Infrastructure — 0.0%** | **Transportation Infrastructure — 0.0%** | **Transportation Infrastructure — 0.0%** |
| RXO, Inc., 6.38%, 05/15/31<sup>(b)</sup> |  | 44 | &nbsp;&nbsp; 42218 |
| **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** |
| Altice France SA<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 10/15/30 |  | 20 | &nbsp;&nbsp; 19551 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/15/31 |  | 29 | &nbsp;&nbsp; 27689 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/32 |  | 492 | &nbsp;&nbsp; 466204 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/15/32 |  | 231 | &nbsp;&nbsp; 218683 |
| &nbsp;&nbsp;&nbsp; Digicel International Finance Ltd./Difl U.S. LLC, 8.63%, <br> 08/01/32<sup>(b)</sup><br>|  | 435 | &nbsp;&nbsp; 441437 |
| Iliad Holding SAS<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/15/28 |  | 200 | &nbsp;&nbsp; 201291 |
| &nbsp;&nbsp;&nbsp; 8.50%, 04/15/31 |  | 250 | &nbsp;&nbsp; 261578 |
| T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 04/15/29 |  | 67 | &nbsp;&nbsp; 64931 |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/15/31 |  | 26 | &nbsp;&nbsp; 24590 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Wireless Telecommunication Services (continued)** | **Wireless Telecommunication Services (continued)** | **Wireless Telecommunication Services (continued)** | **Wireless Telecommunication Services (continued)** |
| Vmed O2 U.K. Financing I PLC<sup>(b)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/31/31 | USD | 200 | &nbsp;&nbsp; $171768 |
| &nbsp;&nbsp;&nbsp; 4.75%, 07/15/31 |  | 200 | &nbsp;&nbsp; 172073 |
|  |  |  | &nbsp;&nbsp; 2069795 |
| **Total Corporate Bonds — 23.2%** <br>**(Cost: $153,002,974)** | **Total Corporate Bonds — 23.2%** <br>**(Cost: $153,002,974)** | **Total Corporate Bonds — 23.2%** <br>**(Cost: $153,002,974)** | &nbsp;&nbsp; 143034789 |
| **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** | **Fixed Rate Loan Interests** |
| **Distributors — 0.0%** | **Distributors — 0.0%** | **Distributors — 0.0%** | **Distributors — 0.0%** |
| &nbsp;&nbsp;&nbsp; TMK Hawk Parent Corp., 2024 PIK Term Loan, 11.00%, <br> 12/15/31<sup>(c)(f)</sup><br>|  | 68 | &nbsp;&nbsp; — |
| **IT Services — 0.2%** | **IT Services — 0.2%** | **IT Services — 0.2%** | **IT Services — 0.2%** |
| &nbsp;&nbsp;&nbsp; Clover Holdings 2 LLC, Fixed Term Loan B, 7.75%, <br> 12/09/31<br>|  | 1304 | &nbsp;&nbsp; 1227165 |
| **Software — 0.2%** | **Software — 0.2%** | **Software — 0.2%** | **Software — 0.2%** |
| Cotiviti, Inc., 2024 Fixed Term Loan B, 7.63%, 05/01/31 |  | 1037 | &nbsp;&nbsp; 964610 |
| **Total Fixed Rate Loan Interests — 0.4%** <br>**(Cost: $2,409,360)** | **Total Fixed Rate Loan Interests — 0.4%** <br>**(Cost: $2,409,360)** | **Total Fixed Rate Loan Interests — 0.4%** <br>**(Cost: $2,409,360)** | &nbsp;&nbsp; 2191775 |
| **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> | **Floating Rate Loan Interests**<sup>(a)</sup> |
| **Advertising Agencies — 0.2%** | **Advertising Agencies — 0.2%** | **Advertising Agencies — 0.2%** | **Advertising Agencies — 0.2%** |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.68%, <br> 09/24/32<br>|  | 738 | &nbsp;&nbsp; 738465 |
| &nbsp;&nbsp;&nbsp; Summer BC Holdco B SARL, 2024 USD Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 5.26%), <br> 8.96%, 02/15/29<br>|  | 246 | &nbsp;&nbsp; 209271 |
|  |  |  | &nbsp;&nbsp; 947736 |
| **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** |
| &nbsp;&nbsp;&nbsp; Arcline FM Holdings LLC, 2025 1st Lien Term Loan, (3-<br> mo. CME Term SOFR at 0.75% Floor + 2.75%), <br> 6.45%, 06/23/30<br>|  | 850 | &nbsp;&nbsp; 850241 |
| &nbsp;&nbsp;&nbsp; Bleriot U.S. Bidco, Inc., 2023 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.20%, <br> 10/31/30<br>|  | 1206 | &nbsp;&nbsp; 1206389 |
| &nbsp;&nbsp;&nbsp; Cobham Ultra SeniorCo SARL, USD Term Loan B, (6-<br> mo. CME Term SOFR + 4.18%), 7.79%, 08/03/29<br>|  | 828 | &nbsp;&nbsp; 829131 |
| Cubic Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Second Out Term Loan B, (3-mo. CME Term <br> SOFR at 0.75% Floor + 4.25%), 8.18%, 05/25/29<br>|  | 3002 | &nbsp;&nbsp; 596286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Second Out Term Loan C, (3-mo. CME Term <br> SOFR at 0.75% Floor + 1.26%), 4.93%, 05/25/29<br>|  | 436 | &nbsp;&nbsp; 86542 |
| Dynasty Acquisition Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 1st Lien Term Loan B1, (1-mo. CME Term SOFR <br> at 0.00% Floor + 2.00%), 5.67%, 10/31/31<br>|  | 2291 | &nbsp;&nbsp; 2289632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 1st Lien Term Loan B2, (1-mo. CME Term SOFR <br> at 0.00% Floor + 2.00%), 5.67%, 10/31/31<br>|  | 870 | &nbsp;&nbsp; 869868 |
| Kaman Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp; 2025 Delayed Draw Term Loan, 0.00%, 02/26/32 |  | 11 | &nbsp;&nbsp; 11124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B, (1-mo. CME Term SOFR at 0.50% <br> Floor + 2.50%), 6.17%, 02/26/32<br>|  | 601 | &nbsp;&nbsp; 600690 |
| &nbsp;&nbsp;&nbsp; Peraton Corp., Term Loan B, (3-mo. CME Term SOFR at <br> 0.75% Floor + 3.85%), 7.52%, 02/01/28<br>|  | 1619 | &nbsp;&nbsp; 1379287 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** | **Aerospace & Defense (continued)** |
| &nbsp;&nbsp;&nbsp; Propulsion BC Finco SARL, 2025 Repriced Term Loan B, <br> (3-mo. CME Term SOFR at 0.50% Floor + 2.50%), <br> 6.20%, 12/01/32<br>| USD | 646 | &nbsp;&nbsp; $645444 |
| &nbsp;&nbsp;&nbsp; Setanta Aircraft Leasing DAC, 2024 Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.45%, <br> 11/05/28<br>|  | 411 | &nbsp;&nbsp; 412599 |
| TransDigm, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023 Term Loan J, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.50%), 6.17%, 02/28/31<br>|  | 4081 | &nbsp;&nbsp; 4080990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan L, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.50%), 6.17%, 01/19/32<br>|  | 830 | &nbsp;&nbsp; 830089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan K, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.25%), 5.92%, 03/22/30<br>|  | 97 | &nbsp;&nbsp; 97228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan M, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.50%), 6.17%, 08/19/32<br>|  | 2990 | &nbsp;&nbsp; 2989258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Term Loan N, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.50%), 6.17%, 02/13/33<br>|  | 559 | &nbsp;&nbsp; 559106 |
|  |  |  | &nbsp;&nbsp; 18333904 |
| **Automobile Components — 1.6%** | **Automobile Components — 1.6%** | **Automobile Components — 1.6%** | **Automobile Components — 1.6%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission, Inc., 2025 Incremental Term Loan <br> B, (1-mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 01/02/33<br>|  | 1029 | &nbsp;&nbsp; 1031573 |
| Clarios Global LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 USD Term Loan B, (1-mo. CME Term SOFR + <br> 2.50%), 6.17%, 05/06/30<br>|  | 3734 | &nbsp;&nbsp; 3719257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 USD Term Loan B, (1-mo. CME Term SOFR at <br> 0.00% Floor + 2.75%), 6.42%, 01/28/32<br>|  | 1453 | &nbsp;&nbsp; 1447616 |
| &nbsp;&nbsp;&nbsp; Garrett LX I SARL, 2025 USD Term Loan B, (3-mo. CME <br> Term SOFR at 0.50% Floor + 2.00%), 5.67%, <br> 01/30/32<br>|  | 93 | &nbsp;&nbsp; 93451 |
| Gates Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2022 Term Loan B4, (1-mo. CME Term SOFR + <br> 1.75%), 5.42%, 11/16/29<br>|  | 303 | &nbsp;&nbsp; 302554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B5, (1-mo. CME Term SOFR + <br> 1.75%), 5.42%, 06/04/31<br>|  | 1747 | &nbsp;&nbsp; 1743384 |
| RealTruck Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 Term Loan B, (3-mo. CME Term SOFR + <br> 4.01%), 7.68%, 01/31/28<br>|  | 192 | &nbsp;&nbsp; 129055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023 Incremental Term Loan, (3-mo. CME Term <br> SOFR + 5.26%), 8.93%, 01/31/28<br>|  | 494 | &nbsp;&nbsp; 336919 |
| &nbsp;&nbsp;&nbsp; Tenneco, Inc., 2022 Term Loan B, (3-mo. CME Term <br> SOFR + 5.10%), 8.76%, 11/17/28<br>|  | 1361 | &nbsp;&nbsp; 1324566 |
|  |  |  | &nbsp;&nbsp; 10128375 |
| **Automobiles — 0.3%** | **Automobiles — 0.3%** | **Automobiles — 0.3%** | **Automobiles — 0.3%** |
| &nbsp;&nbsp;&nbsp; Dealer Tire Financial LLC, 2024 Term Loan B4, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 07/02/31<br>|  | 1722 | &nbsp;&nbsp; 1713612 |
| **Beverages — 0.4%** | **Beverages — 0.4%** | **Beverages — 0.4%** | **Beverages — 0.4%** |
| Naked Juice LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 FLFO Term Loan, (3-mo. CME Term SOFR at <br> 1.00% Floor + 5.50%), 9.20%, 01/24/29<br>|  | 1510 | &nbsp;&nbsp; 1498533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 FLSO Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 3.35%), 7.05%, 01/24/29<br>|  | 501 | &nbsp;&nbsp; 264326 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Beverages (continued)** | **Beverages (continued)** | **Beverages (continued)** | **Beverages (continued)** |
| Naked Juice LLC (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 FLTO Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 6.00%), 9.80%, 01/24/30<br>| USD | 577 | &nbsp;&nbsp; $119142 |
| &nbsp;&nbsp;&nbsp; Sazerac Co., Inc., Repriced Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 07/09/32<br>|  | 489 | &nbsp;&nbsp; 488467 |
|  |  |  | &nbsp;&nbsp; 2370468 |
| **Biotechnology — 0.6%** | **Biotechnology — 0.6%** | **Biotechnology — 0.6%** | **Biotechnology — 0.6%** |
| BioMarin Pharmaceutical, Inc., Term Loan B, 01/28/33<sup>(m)</sup> |  | 838 | &nbsp;&nbsp; 835385 |
| &nbsp;&nbsp;&nbsp; Parexel International Corp., 2025 Repriced Term Loan B, <br> (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), <br> 6.42%, 12/12/31<br>|  | 3141 | &nbsp;&nbsp; 3127484 |
|  |  |  | &nbsp;&nbsp; 3962869 |
| **Broadline Retail — 0.5%** | **Broadline Retail — 0.5%** | **Broadline Retail — 0.5%** | **Broadline Retail — 0.5%** |
| &nbsp;&nbsp;&nbsp; Boots Group Finco LP, USD Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.25%), 6.92%, <br> 08/30/32<br>|  | 1154 | &nbsp;&nbsp; 1156993 |
| &nbsp;&nbsp;&nbsp; StubHub Holdco Sub LLC, 2024 Extended Term Loan B, <br> (1-mo. CME Term SOFR + 4.75%), 8.42%, 03/15/30<br>|  | 1933 | &nbsp;&nbsp; 1898060 |
|  |  |  | &nbsp;&nbsp; 3055053 |
| **Building Materials — 0.2%** | **Building Materials — 0.2%** | **Building Materials — 0.2%** | **Building Materials — 0.2%** |
| &nbsp;&nbsp;&nbsp; CP Iris HoldCo I, Inc., 2025 Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 4.00%), 7.67%, <br> 10/27/32<br>|  | 1520 | &nbsp;&nbsp; 1505427 |
| **Building Products — 3.5%** | **Building Products — 3.5%** | **Building Products — 3.5%** | **Building Products — 3.5%** |
| &nbsp;&nbsp;&nbsp; AZZ, Inc., Term Loan B, (1-mo. CME Term SOFR + <br> 1.75%), 5.42%, 05/13/29<br>|  | 86 | &nbsp;&nbsp; 86434 |
| &nbsp;&nbsp;&nbsp; Chariot Buyer LLC, 2025 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 09/08/32<br>|  | 2932 | &nbsp;&nbsp; 2901566 |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer, Inc., 2025 Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 5.25%), 8.92%, 07/08/30<br>|  | 1169 | &nbsp;&nbsp; 1071702 |
| EMRLD Borrower LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B, (3-mo. CME Term SOFR at 0.00% <br> Floor + 2.25%), 5.95%, 08/04/31<br>|  | 1784 | &nbsp;&nbsp; 1779226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, (3-mo. CME Term SOFR at 0.00% Floor <br> + 2.25%), 5.92%, 05/31/30<br>|  | 2800 | &nbsp;&nbsp; 2794545 |
| &nbsp;&nbsp;&nbsp; Gibraltar Industries, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.25%), 5.92%, <br> 02/02/33<sup>(c)</sup><br>|  | 637 | &nbsp;&nbsp; 632942 |
| &nbsp;&nbsp;&nbsp; Gulfside Supply, Inc., Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 3.00%), 6.70%, 06/17/31<br>|  | 885 | &nbsp;&nbsp; 806854 |
| &nbsp;&nbsp;&nbsp; New AMI I LLC, 2022 Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 6.00%), 9.67%, 03/08/29<br>|  | 428 | &nbsp;&nbsp; 351290 |
| Quikrete Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B2, (1-mo. CME Term SOFR + <br> 2.25%), 5.92%, 03/19/29<br>|  | 1004 | &nbsp;&nbsp; 1002923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.25%), 5.92%, 02/10/32<br>|  | 2206 | &nbsp;&nbsp; 2200206 |
| &nbsp;&nbsp;&nbsp; QXO Building Products, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 04/30/32<br>|  | 970 | &nbsp;&nbsp; 966734 |
| &nbsp;&nbsp;&nbsp; Standard Industries, Inc., 2021 Term Loan B, (1-mo. <br> CME Term SOFR + 1.75%), 5.42%, 09/22/28<br>|  | 444 | &nbsp;&nbsp; 442901 |
| &nbsp;&nbsp;&nbsp; White Cap Supply Holdings LLC, 2024 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 3.25%), <br> 6.92%, 10/19/29<br>|  | 3652 | &nbsp;&nbsp; 3504895 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Building Products (continued)** | **Building Products (continued)** | **Building Products (continued)** | **Building Products (continued)** |
| &nbsp;&nbsp;&nbsp; Wilsonart LLC, 2024 Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 4.25%), 7.95%, 08/05/31<br>| USD | 3117 | &nbsp;&nbsp; $2703663 |
| &nbsp;&nbsp;&nbsp; Zurn LLC, 2021 Term Loan B, (1-mo. CME Term SOFR + <br> 2.11%), 5.78%, 10/04/28<br>|  | 98 | &nbsp;&nbsp; 98189 |
|  |  |  | &nbsp;&nbsp; 21344070 |
| **Capital Markets — 4.0%** | **Capital Markets — 4.0%** | **Capital Markets — 4.0%** | **Capital Markets — 4.0%** |
| &nbsp;&nbsp;&nbsp; Allspring Buyer LLC, 2024 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.00%), 6.75%, <br> 11/01/30<br>|  | 605 | &nbsp;&nbsp; 604952 |
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finco Pty. Ltd., 2024 USD Term Loan <br> B, (6-mo. CME Term SOFR at 0.00% Floor + 2.75%), <br> 6.37%, 02/15/31<br>|  | 2445 | &nbsp;&nbsp; 2385404 |
| &nbsp;&nbsp;&nbsp; Aretec Group, Inc., 2025 Repriced Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 08/09/30<br>|  | 849 | &nbsp;&nbsp; 836967 |
| &nbsp;&nbsp;&nbsp; Ascensus Holdings, Inc., 2024 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 11/25/32<br>|  | 1275 | &nbsp;&nbsp; 1253083 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems U.S. Holdings, Inc., 2024 Term <br> Loan B7, (3-mo. CME Term SOFR at 0.50% Floor + <br> 1.75%), 5.45%, 12/20/29<br>|  | 895 | &nbsp;&nbsp; 895257 |
| &nbsp;&nbsp;&nbsp; BCPE Pequod Buyer, Inc., USD Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 11/25/31<br>|  | 1433 | &nbsp;&nbsp; 1388575 |
| &nbsp;&nbsp;&nbsp; Chicago U.S. Midco III LP, Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.17%, 11/01/32<br>|  | 1729 | &nbsp;&nbsp; 1709072 |
| &nbsp;&nbsp;&nbsp; Citadel Securities LP, 2024 First Lien Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.70%, <br> 10/31/31<br>|  | 1982 | &nbsp;&nbsp; 1982646 |
| &nbsp;&nbsp;&nbsp; Edelman Financial Engines Center LLC, 2024 Term <br> Loan, (1-mo. CME Term SOFR at 0.00% Floor + <br> 3.00%), 6.67%, 04/07/28<br>|  | 1238 | &nbsp;&nbsp; 1236162 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC, 2025 Incremental Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.50%), 6.17%, 09/15/31<br>|  | 2950 | &nbsp;&nbsp; 2850873 |
| &nbsp;&nbsp;&nbsp; GTCR Everest Borrower, LLC, 2026 Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.50%), 6.20%, <br> 09/05/31<br>|  | 467 | &nbsp;&nbsp; 462768 |
| &nbsp;&nbsp;&nbsp; Hudson River Trading LLC, 2026 Repriced Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.18%, 03/18/30<br>|  | 2395 | &nbsp;&nbsp; 2383126 |
| &nbsp;&nbsp;&nbsp; Jane Street Group LLC, 2024 Term Loan B1, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 12/15/31<br>|  | 4533 | &nbsp;&nbsp; 4445178 |
| Jupiter Borrower, Inc., Term Loan B, 03/25/33<sup>(c)(m)</sup> |  | 611 | &nbsp;&nbsp; 609473 |
| &nbsp;&nbsp;&nbsp; Osaic Holdings, Inc., 2026 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.20%, <br> 07/30/32<br>|  | 1837 | &nbsp;&nbsp; 1800958 |
|  |  |  | &nbsp;&nbsp; 24844494 |
| **Chemicals — 3.3%** | **Chemicals — 3.3%** | **Chemicals — 3.3%** | **Chemicals — 3.3%** |
| &nbsp;&nbsp;&nbsp; Chemours Co., 2025 USD Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 3.50%), 7.17%, <br> 10/15/32<br>|  | 2334 | &nbsp;&nbsp; 2313348 |
| &nbsp;&nbsp;&nbsp; Derby Buyer LLC, 2024 Repriced Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.68%, <br> 11/01/30<br>|  | 1747 | &nbsp;&nbsp; 1742791 |
| &nbsp;&nbsp;&nbsp; Discovery Purchaser Corp., Term Loan, (3-mo. CME <br> Term SOFR at 0.50% Floor + 3.75%), 7.42%, <br> 10/04/29<br>|  | 1170 | &nbsp;&nbsp; 1149492 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** |
| &nbsp;&nbsp;&nbsp; Ecovyst Catalyst Technologies LLC, 2024 Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.67%, 06/12/31<br>| USD | 655 | &nbsp;&nbsp; $654154 |
| &nbsp;&nbsp;&nbsp; Element Solutions, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 12/18/30<br>|  | 1825 | &nbsp;&nbsp; 1824588 |
| &nbsp;&nbsp;&nbsp; Fortis 333, Inc., USD Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 3.50%), 7.17%, 03/29/32<br>|  | 870 | &nbsp;&nbsp; 843785 |
| &nbsp;&nbsp;&nbsp; HB Fuller Co., 2025 Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 1.86%), 5.53%, 02/15/30<br>|  | 258 | &nbsp;&nbsp; 258261 |
| &nbsp;&nbsp;&nbsp; INEOS U.S. Petrochem LLC, 2024 USD Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 4.25%), <br> 7.92%, 10/07/31<br>|  | 262 | &nbsp;&nbsp; 184094 |
| &nbsp;&nbsp;&nbsp; Lonza Group AG, USD Term Loan B, (3-mo. CME Term <br> SOFR at 0.75% Floor + 4.03%), 7.72%, 07/03/28<br>|  | 1209 | &nbsp;&nbsp; 1052780 |
| &nbsp;&nbsp;&nbsp; Minerals Technologies, Inc., 2024 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 11/26/31<sup>(c)</sup><br>|  | 813 | &nbsp;&nbsp; 814381 |
| Olympus Water U.S. Holding Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 USD Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 3.00%), 6.70%, 06/20/31<br>|  | 2264 | &nbsp;&nbsp; 2169982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 USD Term Loan B, (3-mo. CME Term SOFR at <br> 0.00% Floor + 3.25%), 6.95%, 11/03/32<br>|  | 1547 | &nbsp;&nbsp; 1487419 |
| &nbsp;&nbsp;&nbsp; Oxea Corp., 2017 USD Term Loan B2, (3-mo. CME Term <br> SOFR at 0.00% Floor + 4.85%), 8.50%, 04/08/31<br>|  | 1437 | &nbsp;&nbsp; 984029 |
| &nbsp;&nbsp;&nbsp; Paint Intermediate III LLC, 2024 Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 10/09/31<br>|  | 502 | &nbsp;&nbsp; 499383 |
| &nbsp;&nbsp;&nbsp; Solstice Advanced Materials, Inc., Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 10/29/32<br>|  | 841 | &nbsp;&nbsp; 844507 |
| &nbsp;&nbsp;&nbsp; Sparta U.S. HoldCo LLC, 2024 Term Loan B, (1-mo. <br> CME Term SOFR at 0.75% Floor + 3.00%), 6.67%, <br> 08/02/30<br>|  | 1985 | &nbsp;&nbsp; 1981308 |
| &nbsp;&nbsp;&nbsp; WR Grace Holdings LLC, 2025 Term Loan B, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.70%, <br> 08/19/32<br>|  | 1540 | &nbsp;&nbsp; 1533009 |
|  |  |  | &nbsp;&nbsp; 20337311 |
| **Commercial Services & Supplies — 3.3%** | **Commercial Services & Supplies — 3.3%** | **Commercial Services & Supplies — 3.3%** | **Commercial Services & Supplies — 3.3%** |
| &nbsp;&nbsp;&nbsp; Action Environmental Group, Inc., 2023 Term Loan B, <br> (3-mo. CME Term SOFR + 3.00%), 6.69%, 10/24/30<br>|  | 799 | &nbsp;&nbsp; 794708 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC, 2025 USD Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 3.25%), <br> 6.92%, 08/20/32<br>|  | 4382 | &nbsp;&nbsp; 4379824 |
| &nbsp;&nbsp;&nbsp; Anticimex International AB, 2025 USD Term Loan, (3-mo. <br> SOFR + 2.90%), 6.56%, 11/17/31<br>|  | 606 | &nbsp;&nbsp; 605770 |
| &nbsp;&nbsp;&nbsp; Aramark Services, Inc., 2025 Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 06/22/30<br>|  | 931 | &nbsp;&nbsp; 931169 |
| &nbsp;&nbsp;&nbsp; Asplundh Tree Expert LLC, 2021 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.85%), 5.52%, <br> 09/07/27<br>|  | 1809 | &nbsp;&nbsp; 1809566 |
| &nbsp;&nbsp;&nbsp; Citrin Cooperman Advisors LLC, 2025 Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 3.00%), <br> 6.70%, 04/01/32<br>|  | 1415 | &nbsp;&nbsp; 1356593 |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc., 2025 Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.50%), 5.17%, 10/08/32<br>|  | 547 | &nbsp;&nbsp; 549910 |
| &nbsp;&nbsp;&nbsp; Grant Thornton Advisors LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 06/02/31<br>|  | 1464 | &nbsp;&nbsp; 1360581 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** | **Commercial Services & Supplies (continued)** |
| &nbsp;&nbsp;&nbsp; Innio Group Holding GmbH, 2026 USD Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.66%, 11/02/31<br>| USD | 1345 | &nbsp;&nbsp; $1330709 |
| &nbsp;&nbsp;&nbsp; LABL, Inc., 2026 USD Interim New Money DIP Term <br> Loan, (3-mo. CME Term SOFR at 0.50% Floor + <br> 6.75%), 10.38%, 12/02/26<br>|  | 118 | &nbsp;&nbsp; 117708 |
| &nbsp;&nbsp;&nbsp; Novelis Holdings, Inc., 2025 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.45%, <br> 03/11/32<br>|  | 2199 | &nbsp;&nbsp; 2197867 |
| &nbsp;&nbsp;&nbsp; Packers Holdings LLC, 2025 Takeback Term Loan, (1-<br> mo. CME Term SOFR at 1.00% Floor + 1.10%), <br> 4.77%, 03/10/31<br>|  | 136 | &nbsp;&nbsp; 130527 |
| Prime Security Services Borrower LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 1st Lien Term Loan B, (1-mo. CME Term SOFR <br> at 0.00% Floor + 2.00%), 5.66%, 10/13/30<br>|  | 776 | &nbsp;&nbsp; 772372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Incremental Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.41%, 03/07/32<br>|  | 2288 | &nbsp;&nbsp; 2252586 |
| Reworld Holding Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 1st Lien Term Loan C, (1-mo. CME Term SOFR <br> at 0.50% Floor + 2.25%), 5.93%, 01/15/31<br>|  | 165 | &nbsp;&nbsp; 164847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B1, (1-mo. CME Term SOFR at <br> 0.50% Floor + 2.25%), 5.93%, 01/15/31<br>|  | 1017 | &nbsp;&nbsp; 1014444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor <br> + 2.25%), 5.92%, 11/30/28<br>|  | 775 | &nbsp;&nbsp; 773766 |
|  |  |  | &nbsp;&nbsp; 20542947 |
| **Communications Equipment — 0.2%** | **Communications Equipment — 0.2%** | **Communications Equipment — 0.2%** | **Communications Equipment — 0.2%** |
| &nbsp;&nbsp;&nbsp; Ciena Corp., 2025 Repriced Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.43%, <br> 10/24/30<br>|  | 1227 | &nbsp;&nbsp; 1226450 |
| Radiate Holdco LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Delayed Draw Term Loan, (1-mo. CME Term <br> SOFR at 1.00% Floor + 4.00%), 7.67%, 06/26/29<br>|  | 32 | &nbsp;&nbsp; 31736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan, (1-mo. CME Term SOFR at 1.00% <br> Floor + 4.00%), 7.67%, 06/26/29<br>|  | 32 | &nbsp;&nbsp; 31737 |
|  |  |  | &nbsp;&nbsp; 1289923 |
| **Construction & Engineering — 0.9%** | **Construction & Engineering — 0.9%** | **Construction & Engineering — 0.9%** | **Construction & Engineering — 0.9%** |
| Azuria Water Solutions, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp; 2026 Delayed Draw Term Loan, 01/27/33<sup>(m)</sup> |  | 151 | &nbsp;&nbsp; 149840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Term Loan B, (3-mo. CME Term SOFR at 0.00% <br> Floor + 2.75%), 6.42%, 01/27/33<br>|  | 1137 | &nbsp;&nbsp; 1123801 |
| &nbsp;&nbsp;&nbsp; Brand Industrial Services, Inc., 2024 Term Loan B, (3-<br> mo. CME Term SOFR at 0.50% Floor + 4.50%), <br> 8.16%, 08/01/30<br>|  | 2239 | &nbsp;&nbsp; 1916166 |
| &nbsp;&nbsp;&nbsp; Construction Partners, Inc., Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.17%, <br> 11/03/31<br>|  | 536 | &nbsp;&nbsp; 534882 |
| &nbsp;&nbsp;&nbsp; Dycom Investments, Inc., 2026 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 01/27/33<br>|  | 720 | &nbsp;&nbsp; 722102 |
| &nbsp;&nbsp;&nbsp; Legence Holdings LLC, 2025 Repriced Term Loan B, <br> (1-mo. CME Term SOFR at 0.75% Floor + 2.25%), <br> 5.92%, 12/16/31<br>|  | 1257 | &nbsp;&nbsp; 1258259 |
|  |  |  | &nbsp;&nbsp; 5705050 |
| **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** |
| &nbsp;&nbsp;&nbsp; Element Materials Technology Group U.S. Holdings, Inc., <br> 2022 USD Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 3.50%), 7.20%, 07/06/29<br>|  | 665 | &nbsp;&nbsp; 666642 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** | **Consumer Staples Distribution & Retail — 0.7%** |
| &nbsp;&nbsp;&nbsp; BCPE Empire Holdings, Inc., 2026 10th Amendment <br> Term Loan, (1-mo. CME Term SOFR + 3.50%), <br> 7.17%, 12/29/32<br>| USD | 2432 | &nbsp;&nbsp; $2390972 |
| &nbsp;&nbsp;&nbsp; EG America LLC, 2026 Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 3.25%), 6.92%, 02/10/31<br>|  | 1332 | &nbsp;&nbsp; 1331001 |
| &nbsp;&nbsp;&nbsp; U.S. Foods, Inc., 2024 1st Lien Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 10/03/31<br>|  | 616 | &nbsp;&nbsp; 620477 |
|  |  |  | &nbsp;&nbsp; 4342450 |
| **Containers & Packaging — 2.7%** | **Containers & Packaging — 2.7%** | **Containers & Packaging — 2.7%** | **Containers & Packaging — 2.7%** |
| &nbsp;&nbsp;&nbsp; Charter NEX US, Inc., 2025 Repriced Term Loan B, (1-<br> mo. CME Term SOFR at 0.75% Floor + 2.50%), <br> 6.17%, 11/29/30<br>|  | 3400 | &nbsp;&nbsp; 3375871 |
| Clydesdale Acquisition Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B, (1-mo. CME Term SOFR at 0.00% <br> Floor + 3.25%), 6.92%, 04/01/32<br>|  | 1797 | &nbsp;&nbsp; 1673983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, (1-mo. CME Term SOFR + 3.18%), <br> 6.84%, 04/13/29<br>|  | 190 | &nbsp;&nbsp; 180823 |
| &nbsp;&nbsp;&nbsp; Colossus Acquireco LLC, Term Loan B, (3-mo. SOFR + <br> 1.75%), 5.38%, 07/30/32<br>|  | 2550 | &nbsp;&nbsp; 2539728 |
| &nbsp;&nbsp;&nbsp; Graham Packaging Co., Inc., 2026 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.25%), 5.92%, <br> 01/26/33<br>|  | 1323 | &nbsp;&nbsp; 1307931 |
| &nbsp;&nbsp;&nbsp; LABL, Inc., 2021 USD 1st Lien Term Loan, 0.00%, <br> 10/30/28<sup>(g)</sup><br>|  | 1630 | &nbsp;&nbsp; 738960 |
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions Holding Co., 2025 Term <br> Loan B, (3-mo. CME Term SOFR at 0.00% Floor + <br> 3.50%), 7.16%, 04/15/30<br>|  | 1225 | &nbsp;&nbsp; 1181684 |
| &nbsp;&nbsp;&nbsp; Potters Industries LLC, 2025 Repriced Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 12/23/32<br>|  | 806 | &nbsp;&nbsp; 804654 |
| &nbsp;&nbsp;&nbsp; Pregis TopCo LLC, 2025 Refinancing Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 4.00%), 7.67%, <br> 02/01/29<br>|  | 1464 | &nbsp;&nbsp; 1461038 |
| &nbsp;&nbsp;&nbsp; Proampac PG Borrower LLC, 2026 USD Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 4.11%), <br> 7.78%, 03/07/33<br>|  | 1044 | &nbsp;&nbsp; 1005723 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products LLC, 2025 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 03/04/32<br>|  | 244 | &nbsp;&nbsp; 244495 |
| &nbsp;&nbsp;&nbsp; Ring Container Technologies Group LLC, 2025 Term <br> Loan B, (1-mo. CME Term SOFR at 0.50% Floor + <br> 2.50%), 6.17%, 09/15/32<br>|  | 1116 | &nbsp;&nbsp; 1104185 |
| &nbsp;&nbsp;&nbsp; Trident TPI Holdings, Inc., 2024 Term Loan B7, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.75%), 7.45%, <br> 09/15/28<br>|  | 861 | &nbsp;&nbsp; 813793 |
|  |  |  | &nbsp;&nbsp; 16432868 |
| **Distributors — 0.9%** | **Distributors — 0.9%** | **Distributors — 0.9%** | **Distributors — 0.9%** |
| &nbsp;&nbsp;&nbsp; American Builders & Contractors Supply Co., Inc., <br> 2024 Term Loan B, (1-mo. CME Term SOFR at 0.00% <br> Floor + 1.75%), 5.42%, 01/31/31<br>|  | 1426 | &nbsp;&nbsp; 1424707 |
| Core & Main LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan D, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.00%), 5.68%, 07/27/28<br>|  | 2964 | &nbsp;&nbsp; 2961527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan E, (1-mo. CME Term SOFR at 0.00% <br> Floor + 2.00%), 5.68%, 02/09/31<sup>(c)</sup><br>|  | 692 | &nbsp;&nbsp; 691946 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.43%, <br> 06/02/32<br>|  | 276 | &nbsp;&nbsp; 276424 |
|  |  |  | &nbsp;&nbsp; 5354604 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Diversified Consumer Services — 0.6%** | **Diversified Consumer Services — 0.6%** | **Diversified Consumer Services — 0.6%** | **Diversified Consumer Services — 0.6%** |
| &nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions LLC, 2025 Term Loan <br> B, (1-mo. CME Term SOFR at 0.50% Floor + 1.75%), <br> 5.42%, 08/23/32<br>| USD | 1139 | &nbsp;&nbsp; $1136573 |
| &nbsp;&nbsp;&nbsp; OMNIA Partners LLC, 2024 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.75%), 6.43%, <br> 12/31/32<br>|  | 526 | &nbsp;&nbsp; 525121 |
| &nbsp;&nbsp;&nbsp; PG Investment Co. 59 SARL, 2025 Repriced Term Loan <br> B, (3-mo. CME Term SOFR at 0.00% Floor + 2.25%), <br> 5.95%, 03/26/31<br>|  | 543 | &nbsp;&nbsp; 542047 |
| &nbsp;&nbsp;&nbsp; Wand NewCo 3, Inc., 2025 Repriced Term Loan B, (1-<br> mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 01/30/31<br>|  | 1824 | &nbsp;&nbsp; 1806926 |
|  |  |  | &nbsp;&nbsp; 4010667 |
| **Diversified REITs — 0.1%** | **Diversified REITs — 0.1%** | **Diversified REITs — 0.1%** | **Diversified REITs — 0.1%** |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP, 2024 1st Lien Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 05/20/30<br>|  | 435 | &nbsp;&nbsp; 433753 |
| **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** | **Diversified Telecommunication Services — 1.6%** |
| &nbsp;&nbsp;&nbsp; Cogeco Financing 2 LP, 2023 Incremental Term Loan B, <br> (1-mo. CME Term SOFR + 2.61%), 6.28%, 09/01/28<br>|  | 209 | &nbsp;&nbsp; 199239 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., 2025 Repriced Term Loan B4, <br> (1-mo. CME Term SOFR at 0.00% Floor + 3.25%), <br> 6.92%, 03/29/32<br>|  | 3332 | &nbsp;&nbsp; 3328535 |
| &nbsp;&nbsp;&nbsp; Orbcomm, Inc., Term Loan B, (1-mo. CME Term SOFR <br> at 0.75% Floor + 4.51%), 8.10%, 09/01/28<br>|  | 502 | &nbsp;&nbsp; 461988 |
| &nbsp;&nbsp;&nbsp; Sunrise Financing Partnership, Term Loan AAA, (6-mo. <br> CME Term SOFR at 0.00% Floor + 2.47%), 6.10%, <br> 02/15/32<br>|  | 502 | &nbsp;&nbsp; 498079 |
| &nbsp;&nbsp;&nbsp; Virgin Media Bristol LLC, 2020 USD Term Loan Q, (1-<br> mo. CME Term SOFR + 3.36%), 7.04%, 01/31/29<br>|  | 1212 | &nbsp;&nbsp; 1165411 |
| &nbsp;&nbsp;&nbsp; Zayo Group Holdings, Inc., 2025 USD Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.11% and 0.50% <br> PIK), 7.28%, 03/11/30<sup>(f)</sup><br>|  | 4117 | &nbsp;&nbsp; 4035565 |
|  |  |  | &nbsp;&nbsp; 9688817 |
| **Electric Utilities — 0.8%** | **Electric Utilities — 0.8%** | **Electric Utilities — 0.8%** | **Electric Utilities — 0.8%** |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc., 2024 Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 1.85%), 5.52%, 04/16/31<br>|  | 2799 | &nbsp;&nbsp; 2801515 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 2024-1 Incremental Term <br> Loan, (3-mo. CME Term SOFR at 0.00% Floor + <br> 2.50%), 6.15%, 12/15/31<br>|  | 604 | &nbsp;&nbsp; 604852 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, 1st Lien Term Loan B3, (1-<br> mo. CME Term SOFR + 1.75%), 5.42%, 12/20/30<br>|  | 1469 | &nbsp;&nbsp; 1470315 |
|  |  |  | &nbsp;&nbsp; 4876682 |
| **Electronic Equipment, Instruments & Components — 0.4%** | **Electronic Equipment, Instruments & Components — 0.4%** | **Electronic Equipment, Instruments & Components — 0.4%** | **Electronic Equipment, Instruments & Components — 0.4%** |
| &nbsp;&nbsp;&nbsp; Celestica, Inc., 2024 Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.43%, 06/20/31<sup>(c)</sup><br>|  | 827 | &nbsp;&nbsp; 826231 |
| &nbsp;&nbsp;&nbsp; Coherent Corp., 2025 Term Loan B2, (1-mo. CME Term <br> SOFR at 0.50% Floor + 1.75%), 5.42%, 07/02/29<br>|  | 783 | &nbsp;&nbsp; 782591 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp., Term Loan B, (1-mo. CME Term SOFR <br> at 0.00% Floor + 2.00%), 5.67%, 10/27/32<sup>(c)</sup><br>|  | 1032 | &nbsp;&nbsp; 1030710 |
|  |  |  | &nbsp;&nbsp; 2639532 |
| **Energy Equipment & Services — 0.0%** | **Energy Equipment & Services — 0.0%** | **Energy Equipment & Services — 0.0%** | **Energy Equipment & Services — 0.0%** |
| &nbsp;&nbsp;&nbsp; Deep Blue Operating I LLC, Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 10/01/32<sup>(c)</sup><br>|  | 321 | &nbsp;&nbsp; 321803 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Entertainment — 3.5%** | **Entertainment — 3.5%** | **Entertainment — 3.5%** | **Entertainment — 3.5%** |
| &nbsp;&nbsp;&nbsp; Creative Artists Agency LLC, 2025 Repriced Term Loan <br> B, (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 10/01/31<br>| USD | 2537 | &nbsp;&nbsp; $2532813 |
| &nbsp;&nbsp;&nbsp; Delta 2 Lux SARL, 2024 Term Loan B1, (3-mo. CME <br> Term SOFR at 0.50% Floor + 1.75%), 5.45%, <br> 09/30/31<br>|  | 2568 | &nbsp;&nbsp; 2560355 |
| &nbsp;&nbsp;&nbsp; DK Crown Holdings, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 03/04/32<br>|  | 1925 | &nbsp;&nbsp; 1921456 |
| Electronic Arts, Inc., USD Term Loan B, 03/24/33<sup>(m)</sup> |  | 3810 | &nbsp;&nbsp; 3786187 |
| &nbsp;&nbsp;&nbsp; EOC Borrower LLC, Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.75%), 6.42%, 03/24/32<br>|  | 3097 | &nbsp;&nbsp; 3081891 |
| &nbsp;&nbsp;&nbsp; GVC Holdings Gibraltar Ltd., 2025 Term Loan B5 (2032), <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.25%), <br> 5.95%, 07/31/32<br>|  | 327 | &nbsp;&nbsp; 326728 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment, Inc., 2025 Term Loan B, (1-<br> mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.67%, 10/21/32<br>|  | 1602 | &nbsp;&nbsp; 1599983 |
| &nbsp;&nbsp;&nbsp; Motion Finco SARL, 2024 USD Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.50%), 7.20%, <br> 11/12/29<br>|  | 1925 | &nbsp;&nbsp; 1674919 |
| &nbsp;&nbsp;&nbsp; TKO Worldwide Holdings LLC, 2025 Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.66%, <br> 11/21/31<br>|  | 4056 | &nbsp;&nbsp; 4050467 |
|  |  |  | &nbsp;&nbsp; 21534799 |
| **Environmental, Maintenance & Security Service — 0.2%** | **Environmental, Maintenance & Security Service — 0.2%** | **Environmental, Maintenance & Security Service — 0.2%** | **Environmental, Maintenance & Security Service — 0.2%** |
| &nbsp;&nbsp;&nbsp; JFL-Tiger Acquisition Co., Inc., Term Loan B, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.75%), 7.46%, <br> 10/17/30<br>|  | 620 | &nbsp;&nbsp; 619004 |
| &nbsp;&nbsp;&nbsp; Reworld Holding Corp., 2025 1st Lien Term Loan B, (1-<br> mo. CME Term SOFR at 0.50% Floor + 2.25%), <br> 5.93%, 01/15/31<br>|  | 364 | &nbsp;&nbsp; 362952 |
|  |  |  | &nbsp;&nbsp; 981956 |
| **Financial Services — 3.1%** | **Financial Services — 3.1%** | **Financial Services — 3.1%** | **Financial Services — 3.1%** |
| &nbsp;&nbsp;&nbsp; ABG Intermediate Holdings 2 LLC, 2024 1st Lien Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.25%), 5.92%, 12/21/28<br>|  | 1250 | &nbsp;&nbsp; 1246407 |
| &nbsp;&nbsp;&nbsp; Acuren Delaware Holdco, Inc., 2025 Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.42%, <br> 07/30/31<br>|  | 389 | &nbsp;&nbsp; 388193 |
| &nbsp;&nbsp;&nbsp; Aggreko Holdings, Inc., 2025 USD Term Loan, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.66%, <br> 05/21/31<br>|  | 2147 | &nbsp;&nbsp; 2144050 |
| &nbsp;&nbsp;&nbsp; Apex Group Treasury LLC, 2025 USD Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 3.50%), <br> 7.17%, 02/27/32<br>|  | 1996 | &nbsp;&nbsp; 1813230 |
| &nbsp;&nbsp;&nbsp; APi Group DE, Inc., 2025 Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.42%, 01/03/29<br>|  | 2642 | &nbsp;&nbsp; 2638361 |
| &nbsp;&nbsp;&nbsp; CPI Holdco B LLC, 2025 Add-on Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 05/19/31<br>|  | 3680 | &nbsp;&nbsp; 3652365 |
| &nbsp;&nbsp;&nbsp; Gryphon Acquire NewCo LLC, Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 09/13/32<br>|  | 877 | &nbsp;&nbsp; 877219 |
| &nbsp;&nbsp;&nbsp; Hyperion Refinance SARL, 2025 USD Term Loan B, <br> (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), <br> 6.42%, 02/15/31<br>|  | 1674 | &nbsp;&nbsp; 1618727 |
| &nbsp;&nbsp;&nbsp; LBM Acquisition LLC, 2024 Incremental Term Loan B, <br> (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), <br> 7.50%, 06/06/31<br>|  | 810 | &nbsp;&nbsp; 645878 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Financial Services (continued)** | **Financial Services (continued)** | **Financial Services (continued)** | **Financial Services (continued)** |
| &nbsp;&nbsp;&nbsp; Orion U.S. Finco, Inc., 1st Lien Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.50%), 7.15%, <br> 10/08/32<br>| USD | 1158 | &nbsp;&nbsp; $1145216 |
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.50%), 6.17%, <br> 05/30/31<br>|  | 1872 | &nbsp;&nbsp; 1872441 |
| &nbsp;&nbsp;&nbsp; Summit Acquisition, Inc., 2025 Add-on Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.50%), 7.17%, <br> 10/16/31<sup>(c)</sup><br>|  | 108 | &nbsp;&nbsp; 107191 |
| WEX, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B2, (1-mo. CME Term SOFR at <br> 0.00% Floor + 1.75%), 5.42%, 03/31/28<br>|  | 321 | &nbsp;&nbsp; 319124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Incremental Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.42%, 03/05/32<br>|  | 421 | &nbsp;&nbsp; 416543 |
|  |  |  | &nbsp;&nbsp; 18884945 |
| **Food Products — 1.5%** | **Food Products — 1.5%** | **Food Products — 1.5%** | **Food Products — 1.5%** |
| &nbsp;&nbsp;&nbsp; Chobani LLC, 2025 Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.25%), 5.92%, 10/28/32<br>|  | 4144 | &nbsp;&nbsp; 4141875 |
| Froneri U.S., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 USD Term Loan B4, (6-mo. CME Term SOFR at <br> 0.00% Floor + 2.25%), 5.88%, 09/30/31<br>|  | 3218 | &nbsp;&nbsp; 3149180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 USD Term Loan B6, (6-mo. CME Term SOFR at <br> 0.00% Floor + 2.25%), 5.88%, 09/30/32<br>|  | 323 | &nbsp;&nbsp; 316449 |
| &nbsp;&nbsp;&nbsp; H-Food Holdings LLC, 2025 Exit Term Loan, (1-mo. CME <br> Term SOFR at 2.00% Floor + 6.50%), 10.17%, <br> 03/29/30<br>|  | 135 | &nbsp;&nbsp; 135601 |
| &nbsp;&nbsp;&nbsp; Treehouse Foods, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 4.25%), 7.92%, <br> 02/11/33<br>|  | 984 | &nbsp;&nbsp; 978263 |
| &nbsp;&nbsp;&nbsp; UTZ Quality Foods LLC, 2025 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.20%, <br> 01/29/32<br>|  | 481 | &nbsp;&nbsp; 480281 |
| &nbsp;&nbsp;&nbsp; Wellness Pet LLC, 2025 Second Out Exchange Term <br> Loan, (3-mo. CME Term SOFR at 0.75% Floor + <br> 4.01%), 7.71%, 12/31/29<br>|  | 128 | &nbsp;&nbsp; 17132 |
|  |  |  | &nbsp;&nbsp; 9218781 |
| **Gas Utilities — 0.1%** | **Gas Utilities — 0.1%** | **Gas Utilities — 0.1%** | **Gas Utilities — 0.1%** |
| &nbsp;&nbsp;&nbsp; BIP PipeCo Holdings LLC, Term Loan B, (2-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.65%, <br> 12/06/30<br>|  | 433 | &nbsp;&nbsp; 433034 |
| &nbsp;&nbsp;&nbsp; M6 ETX Holdings II Midco LLC, 2025 1st Lien Term Loan <br> B, (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 04/01/32<br>|  | 488 | &nbsp;&nbsp; 489229 |
|  |  |  | &nbsp;&nbsp; 922263 |
| **Ground Transportation — 0.7%** | **Ground Transportation — 0.7%** | **Ground Transportation — 0.7%** | **Ground Transportation — 0.7%** |
| &nbsp;&nbsp;&nbsp; Genesee & Wyoming, Inc., 2024 Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.45%, <br> 04/10/31<br>|  | 3468 | &nbsp;&nbsp; 3448742 |
| Hertz Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 Term Loan B, (1-mo. CME Term SOFR + <br> 3.61%), 7.28%, 06/30/28<br>|  | 1004 | &nbsp;&nbsp; 740900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 Term Loan C, (1-mo. CME Term SOFR + <br> 3.61%), 7.28%, 06/30/28<br>|  | 199 | &nbsp;&nbsp; 146594 |
|  |  |  | &nbsp;&nbsp; 4336236 |
| **Health Care Equipment & Supplies — 2.8%** | **Health Care Equipment & Supplies — 2.8%** | **Health Care Equipment & Supplies — 2.8%** | **Health Care Equipment & Supplies — 2.8%** |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group, Inc., 2022 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.75%), 6.42%, <br> 02/15/29<br>|  | 2650 | &nbsp;&nbsp; 2596424 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Health Care Equipment & Supplies (continued)** | **Health Care Equipment & Supplies (continued)** | **Health Care Equipment & Supplies (continued)** | **Health Care Equipment & Supplies (continued)** |
| &nbsp;&nbsp;&nbsp; Bausch & Lomb Corporation, 2025 Repriced Term Loan, <br> (1-mo. CME Term SOFR at 0.00% Floor + 3.75%), <br> 7.42%, 01/15/31<br>| USD | 2700 | &nbsp;&nbsp; $2703696 |
| &nbsp;&nbsp;&nbsp; Cotiviti, Inc., 2024 Term Loan, (1-mo. CME Term SOFR + <br> 2.75%), 6.42%, 05/01/31<br>|  | 1990 | &nbsp;&nbsp; 1829849 |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term Loan B, (3-mo. CME <br> Term SOFR at 0.75% Floor + 4.10%), 7.80%, <br> 10/01/27<br>|  | 595 | &nbsp;&nbsp; 576492 |
| &nbsp;&nbsp;&nbsp; Hologic Inc., 2026 USD Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.25%), 5.92%, 01/14/33<br>|  | 5164 | &nbsp;&nbsp; 5099450 |
| &nbsp;&nbsp;&nbsp; PointClickCare Technologies, Inc., 2025 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.75%), <br> 6.42%, 11/03/31<br>|  | 707 | &nbsp;&nbsp; 702902 |
| &nbsp;&nbsp;&nbsp; Polaris Newco LLC, USD Term Loan B, (3-mo. CME <br> Term SOFR at 0.50% Floor + 4.26%), 7.93%, <br> 06/02/28<br>|  | 1978 | &nbsp;&nbsp; 1735377 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp., Term Loan, (1-mo. CME Term SOFR <br> at 0.00% Floor + 4.00%), 7.67%, 08/20/32<br>|  | 1184 | &nbsp;&nbsp; 1181074 |
| &nbsp;&nbsp;&nbsp; Waystar Technologies, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 10/22/29<sup>(c)</sup><br>|  | 622 | &nbsp;&nbsp; 619876 |
|  |  |  | &nbsp;&nbsp; 17045140 |
| **Health Care Providers & Services — 2.4%** | **Health Care Providers & Services — 2.4%** | **Health Care Providers & Services — 2.4%** | **Health Care Providers & Services — 2.4%** |
| &nbsp;&nbsp;&nbsp; ACP Tara Holdings, Inc., 2025 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.25%), 6.95%, <br> 12/15/32<br>|  | 257 | &nbsp;&nbsp; 257856 |
| &nbsp;&nbsp;&nbsp; AHP Health Partners, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.25%), 5.92%, <br> 09/20/32<br>|  | 198 | &nbsp;&nbsp; 198398 |
| &nbsp;&nbsp;&nbsp; CHG Healthcare Services, Inc., 2025 Term Loan B1, <br> (3-mo. CME Term SOFR at 0.50% Floor + 2.75%), <br> 6.45%, 09/29/28<br>|  | 869 | &nbsp;&nbsp; 869779 |
| &nbsp;&nbsp;&nbsp; CNT Holdings I Corp., 2025 Term Loan, (3-mo. CME <br> Term SOFR at 0.75% Floor + 2.50%), 6.17%, <br> 11/08/32<br>|  | 1315 | &nbsp;&nbsp; 1313241 |
| &nbsp;&nbsp;&nbsp; Concentra Health Services, Inc., 2025 Repriced Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.00%), 5.67%, 07/26/31<br>|  | 608 | &nbsp;&nbsp; 609528 |
| &nbsp;&nbsp;&nbsp; Examworks Bidco, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.50% Floor + 2.50%), 6.17%, <br> 02/06/33<br>|  | 1244 | &nbsp;&nbsp; 1241243 |
| &nbsp;&nbsp;&nbsp; EyeCare Partners LLC, 2024 Third Out Term Loan C, <br> 0.00%, 11/30/28<sup>(g)</sup><br>|  | 45 | &nbsp;&nbsp; 7581 |
| &nbsp;&nbsp;&nbsp; ICON Luxembourg SARL, 2024 LUX Term Loan B, (3-<br> mo. CME Term SOFR at 0.50% Floor + 2.00%), <br> 5.70%, 07/03/28<br>|  | 481 | &nbsp;&nbsp; 480997 |
| &nbsp;&nbsp;&nbsp; Ingenovis Health, Inc., Term Loan B, (3-mo. CME Term <br> SOFR + 4.51%), 8.18%, 03/06/28<br>|  | 686 | &nbsp;&nbsp; 187460 |
| &nbsp;&nbsp;&nbsp; LifePoint Health, Inc., 2024 1st Lien Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.75%), 7.42%, <br> 05/19/31<br>|  | 1055 | &nbsp;&nbsp; 1054694 |
| Medical Solutions Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 1st Lien Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 3.60%), 7.27%, 11/01/28<br>|  | 535 | &nbsp;&nbsp; 106017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at <br> 0.50% Floor + 7.10%), 10.77%, 11/01/29<br>|  | 536 | &nbsp;&nbsp; 42880 |
| Medline Borrower LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Incremental Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 1.75%), 5.42%, 10/23/30<br>|  | 1988 | &nbsp;&nbsp; 1989957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B, (1-mo. CME Term SOFR at 0.50% <br> Floor + 1.75%), 5.42%, 10/23/28<br>|  | 1335 | &nbsp;&nbsp; 1336799 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 09/22/32<br>| USD | 1525 | &nbsp;&nbsp; $1529794 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings LLC, Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 11/19/31<br>|  | 506 | &nbsp;&nbsp; 495460 |
| &nbsp;&nbsp;&nbsp; Star Parent, Inc., Term Loan B, (3-mo. CME Term SOFR <br> at 0.00% Floor + 4.00%), 7.70%, 09/27/30<br>|  | 1239 | &nbsp;&nbsp; 1223402 |
| &nbsp;&nbsp;&nbsp; Surgery Center Holdings, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.50%), 6.17%, <br> 12/19/30<br>|  | 1307 | &nbsp;&nbsp; 1306630 |
| &nbsp;&nbsp;&nbsp; Team Health Holdings, Inc., 2026 Repriced Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 4.00%), <br> 7.66%, 06/30/28<br>|  | 470 | &nbsp;&nbsp; 468099 |
| &nbsp;&nbsp;&nbsp; Vizient, Inc., 2024 Term Loan B, (1-mo. CME Term SOFR <br> at 0.50% Floor + 1.75%), 5.42%, 08/01/31<br>|  | 300 | &nbsp;&nbsp; 300054 |
|  |  |  | &nbsp;&nbsp; 15019869 |
| **Hotels, Restaurants & Leisure — 5.2%** | **Hotels, Restaurants & Leisure — 5.2%** | **Hotels, Restaurants & Leisure — 5.2%** | **Hotels, Restaurants & Leisure — 5.2%** |
| Aimbridge Acquisition Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 1st Lien Second Out Term Loan, (1-mo. CME <br> Term SOFR at 1.00% Floor + 1.61% and 6.00% <br> PIK), 11.29%, 03/11/30<sup>(f)</sup><br>|  | 192 | &nbsp;&nbsp; 187417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 First Out Term Loan, (1-mo. CME Term SOFR at <br> 1.00% Floor + 5.61%), 9.29%, 03/11/30<br>|  | 203 | &nbsp;&nbsp; 199376 |
| &nbsp;&nbsp;&nbsp; Alterra Mountain Co., 2025 Term Loan B8, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.17%, <br> 05/31/30<sup>(c)</sup><br>|  | 919 | &nbsp;&nbsp; 917976 |
| &nbsp;&nbsp;&nbsp; Burger King (Restaurant Brands International, Inc.)/New <br> Red Finance, Inc., 2024 Term Loan B6, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 09/20/30<br>|  | 1757 | &nbsp;&nbsp; 1752500 |
| Caesars Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B1, (1-mo. CME Term SOFR + <br> 2.25%), 5.92%, 02/06/31<br>|  | 2857 | &nbsp;&nbsp; 2768004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, (1-mo. CME Term SOFR + 2.25%), <br> 5.92%, 02/06/30<br>|  | 1066 | &nbsp;&nbsp; 1034127 |
| &nbsp;&nbsp;&nbsp; Crown Finance U.S., Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 4.50%), 8.17%, <br> 12/02/31<br>|  | 1122 | &nbsp;&nbsp; 1109485 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC, 2022 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 3.25%), 6.92%, <br> 01/27/29<br>|  | 3032 | &nbsp;&nbsp; 2968809 |
| Flutter Financing BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B, (3-mo. CME Term SOFR at 0.50% <br> Floor + 1.75%), 5.45%, 11/30/30<br>|  | 3437 | &nbsp;&nbsp; 3393812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B, (3-mo. CME Term SOFR at 0.50% <br> Floor + 2.00%), 5.70%, 06/04/32<br>|  | 1028 | &nbsp;&nbsp; 1014960 |
| &nbsp;&nbsp;&nbsp; Four Seasons Hotels Ltd., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 1.75%), 5.42%, <br> 09/22/32<br>|  | 2776 | &nbsp;&nbsp; 2791120 |
| &nbsp;&nbsp;&nbsp; Great Canadian Gaming Corp., 2024 Term Loan B, (3-<br> mo. CME Term SOFR at 0.00% Floor + 4.75%), <br> 8.44%, 11/01/29<br>|  | 750 | &nbsp;&nbsp; 737369 |
| &nbsp;&nbsp;&nbsp; Herschend Entertainment Co. LLC, 2026 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 05/27/32<br>|  | 914 | &nbsp;&nbsp; 913751 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating Co., Inc., 2023 Term Loan B4, <br> (1-mo. CME Term SOFR + 1.75%), 5.43%, 11/08/30<br>|  | 696 | &nbsp;&nbsp; 696870 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
| &nbsp;&nbsp;&nbsp; IRB Holding Corp., 2025 Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 2.50%), 6.18%, 12/16/30<br>| USD | 1648 | &nbsp;&nbsp; $1642633 |
| &nbsp;&nbsp;&nbsp; Light & Wonder International, Inc., 2026 Term Loan B, <br> (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), <br> 5.67%, 04/16/29<br>|  | 975 | &nbsp;&nbsp; 974544 |
| &nbsp;&nbsp;&nbsp; Ontario Gaming GTA LP, Term Loan B, (3-mo. CME Term <br> SOFR at 0.50% Floor + 4.25%), 7.95%, 08/01/30<br>|  | 651 | &nbsp;&nbsp; 608383 |
| &nbsp;&nbsp;&nbsp; Penn Entertainment, Inc., 2022 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.50%), 6.17%, <br> 05/03/29<br>|  | 1021 | &nbsp;&nbsp; 1022711 |
| &nbsp;&nbsp;&nbsp; Scientific Games Holdings LP, 2024 USD Term Loan B, <br> (3-mo. CME Term SOFR at 0.50% Floor + 3.00%), <br> 6.65%, 04/04/29<br>|  | 931 | &nbsp;&nbsp; 916488 |
| &nbsp;&nbsp;&nbsp; SeaWorld Parks & Entertainment, Inc., 2024 Term Loan <br> B3, (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), <br> 5.67%, 12/04/31<sup>(c)</sup><br>|  | 457 | &nbsp;&nbsp; 450602 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp., 2024 Term Loan B, (1-<br> mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.67%, 05/01/31<br>|  | 298 | &nbsp;&nbsp; 292860 |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC, 2024 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 03/14/31<br>|  | 1865 | &nbsp;&nbsp; 1862463 |
| &nbsp;&nbsp;&nbsp; TRQ Sales LLC, Term Loan B, (3-mo. CME Term SOFR <br> at 0.00% Floor + 0.19%), 3.89%, 12/30/32<br>|  | 954 | &nbsp;&nbsp; 922403 |
| &nbsp;&nbsp;&nbsp; Voyager Parent LLC, Repriced Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 4.25%), 7.95%, <br> 07/01/32<br>|  | 1033 | &nbsp;&nbsp; 1024637 |
| &nbsp;&nbsp;&nbsp; Whatabrands LLC, 2024 1st Lien Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.50%), 6.17%, <br> 08/03/28<br>|  | 843 | &nbsp;&nbsp; 840604 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts, Inc., 2024 Term Loan, (1-<br> mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 05/24/30<br>|  | 1128 | &nbsp;&nbsp; 1131178 |
|  |  |  | &nbsp;&nbsp; 32175082 |
| **Household Durables — 0.4%** | **Household Durables — 0.4%** | **Household Durables — 0.4%** | **Household Durables — 0.4%** |
| &nbsp;&nbsp;&nbsp; Madison Safety & Flow LLC, 2025 1st Lien Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.18%, 09/26/31<br>|  | 452 | &nbsp;&nbsp; 451891 |
| &nbsp;&nbsp;&nbsp; Somnigroup International, Inc., Term Loan B, (1-mo. <br> SOFR + 2.25%), 5.88%, 10/24/31<br>|  | 376 | &nbsp;&nbsp; 376464 |
| &nbsp;&nbsp;&nbsp; Springs Windows Fashions LLC, 2024 FLFO Delayed <br> Draw Term Loan, (1-mo. CME Term SOFR at 1.00% <br> Floor + 4.50%), 8.17%, 12/19/29<br>|  | 102 | &nbsp;&nbsp; 101067 |
| &nbsp;&nbsp;&nbsp; SWF Holdings I Corp., 2024 FLFO A1 Term Loan, (1-mo. <br> CME Term SOFR at 1.00% Floor + 4.50%), 8.17%, <br> 12/19/29<br>|  | 153 | &nbsp;&nbsp; 151601 |
| &nbsp;&nbsp;&nbsp; Weber-Stephen Products LLC, 2025 Term Loan B, (3-<br> mo. CME Term SOFR at 0.00% Floor + 3.75%), <br> 7.41%, 10/01/32<br>|  | 1428 | &nbsp;&nbsp; 1393014 |
|  |  |  | &nbsp;&nbsp; 2474037 |
| **Household Products — 0.2%** | **Household Products — 0.2%** | **Household Products — 0.2%** | **Household Products — 0.2%** |
| &nbsp;&nbsp;&nbsp; Lavender US HoldCo 1, Inc., USD Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.25%), 6.95%, <br> 12/30/32<br>|  | 997 | &nbsp;&nbsp; 980654 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** | **Independent Power and Renewable Electricity Producers — 0.7%** |
| &nbsp;&nbsp;&nbsp; Calpine Construction Finance Co. LP, 2025 Repriced <br> Term Loan B, (1-mo. CME Term SOFR at 0.00% Floor <br> + 1.75%), 5.42%, 07/31/30<br>| USD | 2187 | &nbsp;&nbsp; $2187097 |
| &nbsp;&nbsp;&nbsp; Constellation Renewables LLC, 2020 Term Loan, (3-mo. <br> CME Term SOFR at 1.00% Floor + 2.00%), 5.67%, <br> 12/15/27<br>|  | 1112 | &nbsp;&nbsp; 1111864 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 11/25/32<br>|  | 1229 | &nbsp;&nbsp; 1228699 |
|  |  |  | &nbsp;&nbsp; 4527660 |
| **Industrial Conglomerates — 1.1%** | **Industrial Conglomerates — 1.1%** | **Industrial Conglomerates — 1.1%** | **Industrial Conglomerates — 1.1%** |
| &nbsp;&nbsp;&nbsp; Beach Acquisition Bidco LLC, USD Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.25%), 6.95%, <br> 09/12/32<br>|  | 639 | &nbsp;&nbsp; 640197 |
| &nbsp;&nbsp;&nbsp; Chromalloy Corp., 2024 Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 3.25%), 6.91%, 03/27/31<br>|  | 480 | &nbsp;&nbsp; 479774 |
| &nbsp;&nbsp;&nbsp; CoorsTek, Inc., Term Loan B, (3-mo. CME Term SOFR at <br> 0.00% Floor + 3.00%), 6.67%, 10/28/32<br>|  | 539 | &nbsp;&nbsp; 540670 |
| &nbsp;&nbsp;&nbsp; Fluid-Flow Products, Inc., 2026 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.25%), 6.92%, <br> 03/04/33<br>|  | 188 | &nbsp;&nbsp; 187765 |
| &nbsp;&nbsp;&nbsp; Heritage Environmental Services, Inc., 2026 Term Loan <br> B, (3-mo. CME Term SOFR at 0.00% Floor + 3.00%), <br> 6.68%, 04/01/33<sup>(c)</sup><br>|  | 410 | &nbsp;&nbsp; 410000 |
| &nbsp;&nbsp;&nbsp; LSF12 Crown U.S. Commercial Bidco LLC, 2026 Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 3.00%), 6.67%, 12/02/31<br>|  | 640 | &nbsp;&nbsp; 640040 |
| &nbsp;&nbsp;&nbsp; Pinnacle Buyer LLC, Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.16%, 10/01/32<br>|  | 871 | &nbsp;&nbsp; 871109 |
| &nbsp;&nbsp;&nbsp; Resideo Funding, Inc., 2025 Incremental Term Loan, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.67%, 08/13/32<br>|  | 1011 | &nbsp;&nbsp; 1007129 |
| &nbsp;&nbsp;&nbsp; Resilience Parent LLC, 1st Lien Term Loan, (6-mo. CME <br> Term SOFR at 0.00% Floor + 2.50%), 6.10%, <br> 02/28/33<br>|  | 1942 | &nbsp;&nbsp; 1930464 |
| &nbsp;&nbsp;&nbsp; Stitch Acquisition Corp., 2024 2nd Out Term Loan, (3-mo. <br> CME Term SOFR + 7.50%), 11.46%, 12/31/29<sup>(c)</sup><br>|  | 224 | &nbsp;&nbsp; 181377 |
|  |  |  | &nbsp;&nbsp; 6888525 |
| **Insurance — 5.2%** | **Insurance — 5.2%** | **Insurance — 5.2%** | **Insurance — 5.2%** |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC, 2025 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 09/19/31<br>|  | 6717 | &nbsp;&nbsp; 6658493 |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.75% Floor + 2.00%), 5.67%, <br> 01/30/32<br>|  | 2564 | &nbsp;&nbsp; 2543862 |
| &nbsp;&nbsp;&nbsp; Amynta Agency Borrower, Inc., 2026 Repriced Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.50%), 6.17%, 12/29/31<br>|  | 2421 | &nbsp;&nbsp; 2382263 |
| &nbsp;&nbsp;&nbsp; Asurion LLC, 2025 Term Loan B13, (1-mo. CME Term <br> SOFR at 0.00% Floor + 4.25%), 7.92%, 09/19/30<br>|  | 1682 | &nbsp;&nbsp; 1660826 |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group Holdings LLC, 2025 Term Loan <br> B2, (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.18%, 05/26/31<br>|  | 950 | &nbsp;&nbsp; 932833 |
| &nbsp;&nbsp;&nbsp; HUB International Ltd., 2025 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.25%), 5.92%, <br> 06/20/30<br>|  | 4393 | &nbsp;&nbsp; 4380846 |
| &nbsp;&nbsp;&nbsp; Jones DesLauriers Insurance Management Inc., <br> 2026 Repriced Term Loan B, (3-mo. CME Term SOFR <br> at 0.00% Floor + 3.00%), 6.66%, 02/02/33<br>|  | 2197 | &nbsp;&nbsp; 2131580 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| &nbsp;&nbsp;&nbsp; OneDigital Borrower LLC, 2025 Repriced Term Loan, <br> (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), <br> 6.67%, 07/02/31<br>| USD | 213 | &nbsp;&nbsp; $205837 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC, 2024 USD Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 09/15/31<br>|  | 1739 | &nbsp;&nbsp; 1734713 |
| Truist Insurance Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B, (3-mo. CME Term SOFR at 0.00% <br> Floor + 2.75%), 6.45%, 05/06/31<br>|  | 3456 | &nbsp;&nbsp; 3402604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2nd Lien Term Loan, (3-mo. CME Term SOFR at <br> 0.00% Floor + 4.75%), 8.45%, 05/06/32<br>|  | 476 | &nbsp;&nbsp; 470289 |
| USI, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan C, (3-mo. CME Term SOFR at 0.00% <br> Floor + 2.25%), 5.95%, 09/29/30<br>|  | 1749 | &nbsp;&nbsp; 1742364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan D, (3-mo. CME Term SOFR at 0.00% <br> Floor + 2.25%), 5.95%, 11/21/29<br>|  | 3598 | &nbsp;&nbsp; 3586598 |
|  |  |  | &nbsp;&nbsp; 31833108 |
| **Interactive Media & Services — 0.1%** | **Interactive Media & Services — 0.1%** | **Interactive Media & Services — 0.1%** | **Interactive Media & Services — 0.1%** |
| &nbsp;&nbsp;&nbsp; Camelot U.S. Acquisition LLC, 2024 Term Loan B, (1-mo. <br> CME Term SOFR + 2.75%), 6.42%, 01/31/31<br>|  | 583 | &nbsp;&nbsp; 501896 |
| **Internet Software & Services — 0.0%** | **Internet Software & Services — 0.0%** | **Internet Software & Services — 0.0%** | **Internet Software & Services — 0.0%** |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc., 2025 Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 1.75%), 5.42%, 04/16/32<br>|  | 287 | &nbsp;&nbsp; 281994 |
| **IT Services — 2.9%** | **IT Services — 2.9%** | **IT Services — 2.9%** | **IT Services — 2.9%** |
| Asurion LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2021 Second Lien Term Loan B4, (1-mo. CME Term <br> SOFR + 5.36%), 9.03%, 01/20/29<br>|  | 374 | &nbsp;&nbsp; 371269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023 Term Loan B11, (1-mo. CME Term SOFR at <br> 0.00% Floor + 4.35%), 8.02%, 08/19/28<br>|  | 131 | &nbsp;&nbsp; 131139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B12, (1-mo. CME Term SOFR at <br> 0.00% Floor + 4.25%), 7.92%, 09/19/30<br>|  | 828 | &nbsp;&nbsp; 818677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2026 Term Loan B14, (1-mo. CME Term SOFR at <br> 0.00% Floor + 3.75%), 7.42%, 02/23/33<br>|  | 740 | &nbsp;&nbsp; 714566 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC, 2024 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 3.25%), 6.95%, <br> 07/06/29<br>|  | 2320 | &nbsp;&nbsp; 1647185 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 04/21/32<br>|  | 956 | &nbsp;&nbsp; 955000 |
| &nbsp;&nbsp;&nbsp; Epicor Software Corp., 2024 Term Loan F, (1-mo. CME <br> Term SOFR at 0.75% Floor + 2.50%), 6.17%, <br> 05/30/31<br>|  | 2602 | &nbsp;&nbsp; 2549086 |
| &nbsp;&nbsp;&nbsp; Galileo Parent, Inc., 1st Lien Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 4.50%), 8.17%, <br> 03/03/33<br>|  | 769 | &nbsp;&nbsp; 752659 |
| &nbsp;&nbsp;&nbsp; Go Daddy Operating Co. LLC, 2024 Term Loan B8, (1-<br> mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 11/09/29<br>|  | 1233 | &nbsp;&nbsp; 1213480 |
| &nbsp;&nbsp;&nbsp; ION Platform Finance U.S., Inc., USD Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.75%), 7.45%, <br> 10/07/32<br>|  | 2912 | &nbsp;&nbsp; 2328351 |
| Iron Mountain, Inc., 2023 Term Loan B, 01/31/31<sup>(m)</sup> |  | 640 | &nbsp;&nbsp; 635200 |
| &nbsp;&nbsp;&nbsp; Modena Buyer LLC, Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 4.25%), 7.92%, 07/01/31<br>|  | 604 | &nbsp;&nbsp; 540392 |
| &nbsp;&nbsp;&nbsp; Project Boost Purchaser LLC, 2025 Refinancing Term <br> Loan, (3-mo. CME Term SOFR at 0.00% Floor + <br> 2.75%), 6.45%, 07/16/31<br>|  | 1676 | &nbsp;&nbsp; 1612646 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **IT Services (continued)** | **IT Services (continued)** | **IT Services (continued)** | **IT Services (continued)** |
| &nbsp;&nbsp;&nbsp; Sedgwick Claims Management Services, Inc., 2023 Term <br> Loan B, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.50%), 6.17%, 07/31/31<br>| USD | 3175 | &nbsp;&nbsp; $3113344 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, LLC, 2025 Repriced Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.65%, 07/03/32<br>|  | 588 | &nbsp;&nbsp; 585694 |
|  |  |  | &nbsp;&nbsp; 17968688 |
| **Leisure Products — 0.3%** | **Leisure Products — 0.3%** | **Leisure Products — 0.3%** | **Leisure Products — 0.3%** |
| &nbsp;&nbsp;&nbsp; Bombardier Recreational Products, Inc., 2024 Term Loan <br> B4, (1-mo. CME Term SOFR at 0.00% Floor + 2.25%), <br> 5.92%, 01/22/31<br>|  | 553 | &nbsp;&nbsp; 553131 |
| &nbsp;&nbsp;&nbsp; City Football Group Ltd., 2024 Term Loan, (1-mo. CME <br> Term SOFR at 0.50% Floor + 3.50%), 7.96%, <br> 07/22/30<br>|  | 1184 | &nbsp;&nbsp; 1178970 |
|  |  |  | &nbsp;&nbsp; 1732101 |
| **Machinery — 3.4%** | **Machinery — 3.4%** | **Machinery — 3.4%** | **Machinery — 3.4%** |
| &nbsp;&nbsp;&nbsp; AI Aqua Merger Sub, Inc., 2026 Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.75%), 6.29%, <br> 07/31/28<br>|  | 1950 | &nbsp;&nbsp; 1943954 |
| &nbsp;&nbsp;&nbsp; Chart Industries, Inc., 2024 Term Loan B, (3-mo. CME <br> Term SOFR + 2.50%), 6.16%, 03/15/30<br>|  | 472 | &nbsp;&nbsp; 471190 |
| &nbsp;&nbsp;&nbsp; Columbus McKinnon Corp., 2026 Term Loan B, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.50%), 7.20%, <br> 02/03/33<br>|  | 1345 | &nbsp;&nbsp; 1338122 |
| &nbsp;&nbsp;&nbsp; CompoSecure Holdings LLC, Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.25%), 5.93%, <br> 01/14/33<br>|  | 2038 | &nbsp;&nbsp; 2029094 |
| &nbsp;&nbsp;&nbsp; Filtration Group Corp., 2025 USD Term Loan, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.50%), 6.17%, <br> 10/21/28<br>|  | 2867 | &nbsp;&nbsp; 2866081 |
| &nbsp;&nbsp;&nbsp; Generac Power Systems, Inc., 2024 Term Loan B, (1-<br> mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 07/03/31<br>|  | 286 | &nbsp;&nbsp; 287078 |
| &nbsp;&nbsp;&nbsp; GrafTech Global Enterprises, Inc., 2024 Term Loan, (3-<br> mo. CME Term SOFR at 2.00% Floor + 6.00%), <br> 9.67%, 12/21/29<br>|  | 25 | &nbsp;&nbsp; 23947 |
| &nbsp;&nbsp;&nbsp; Indicor LLC, 2026 USD Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.20%, 11/22/29<br>|  | 789 | &nbsp;&nbsp; 788726 |
| &nbsp;&nbsp;&nbsp; LSF12 Helix Parent LLC, USD Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 3.50%), 7.17%, <br> 02/10/33<br>|  | 1325 | &nbsp;&nbsp; 1305659 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Term Loan, (6-mo. CME Term SOFR <br> at 0.50% Floor + 2.50%), 6.13%, 06/21/28<br>|  | 3162 | &nbsp;&nbsp; 3158899 |
| &nbsp;&nbsp;&nbsp; PECF USS Intermediate Holding III Corp., 2026 Term <br> Loan, (3-mo. CME Term SOFR at 2.00% Floor + <br> 7.50%), 11.17%, 03/03/33<br>|  | 103 | &nbsp;&nbsp; 98488 |
| &nbsp;&nbsp;&nbsp; Tega MC Australia Holdings Pty. Ltd., Term Loan B, <br> 03/25/33<sup>(c)(m)</sup><br>|  | 610 | &nbsp;&nbsp; 605425 |
| &nbsp;&nbsp;&nbsp; TK Elevator U.S. Newco, Inc., 2025 USD Term Loan B, <br> (6-mo. CME Term SOFR at 0.50% Floor + 2.75%), <br> 6.38%, 04/30/30<br>|  | 3204 | &nbsp;&nbsp; 3208717 |
| &nbsp;&nbsp;&nbsp; WEC U.S. Holdings Ltd., 2024 Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 01/27/31<br>|  | 2632 | &nbsp;&nbsp; 2625946 |
|  |  |  | &nbsp;&nbsp; 20751326 |
| **Media — 2.2%** | **Media — 2.2%** | **Media — 2.2%** | **Media — 2.2%** |
| &nbsp;&nbsp;&nbsp; Altice France SA, 2025 USD Term Loan B14, (3-mo. <br> CME Term SOFR at 0.00% Floor + 6.88%), 10.55%, <br> 05/31/31<br>|  | 1551 | &nbsp;&nbsp; 1552269 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Media (continued)** | **Media (continued)** | **Media (continued)** | **Media (continued)** |
| Charter Communications Operating LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023 Term Loan B4, (3-mo. CME Term SOFR at <br> 0.00% Floor + 2.00%), 5.66%, 12/07/30<br>| USD | 1225 | &nbsp;&nbsp; $1222956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B5, (3-mo. CME Term SOFR at <br> 0.00% Floor + 2.25%), 5.91%, 12/15/31<br>|  | 855 | &nbsp;&nbsp; 854248 |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc., 2024 Term Loan, <br> (1-mo. CME Term SOFR at 0.00% Floor + 4.11%), <br> 7.78%, 08/23/28<br>|  | 643 | &nbsp;&nbsp; 644233 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, 2019 Term Loan B5, (Prime + <br> 1.50%), 8.25%, 04/15/27<br>|  | 2932 | &nbsp;&nbsp; 2576962 |
| &nbsp;&nbsp;&nbsp; ECL Entertainment LLC, 2025 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 08/30/30<br>|  | 937 | &nbsp;&nbsp; 930153 |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc., 2024 Term Loan B, (1-mo. CME Term <br> SOFR + 5.25%), 8.92%, 06/04/29<br>|  | 4 | &nbsp;&nbsp; 4392 |
| &nbsp;&nbsp;&nbsp; Learfield Communications LLC, 2024 Term Loan B, (1-<br> mo. CME Term SOFR at 0.00% Floor + 4.50%), <br> 8.17%, 06/30/28<br>|  | 539 | &nbsp;&nbsp; 539306 |
| &nbsp;&nbsp;&nbsp; NEP Group, Inc., 2025 Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 4.50%), 8.17%, 10/17/31<br>|  | 1435 | &nbsp;&nbsp; 1294269 |
| &nbsp;&nbsp;&nbsp; Nexstar Broadcasting, Inc., 2026 Term Loan B7, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.40%, <br> 03/18/33<br>|  | 828 | &nbsp;&nbsp; 817998 |
| &nbsp;&nbsp;&nbsp; Radiate Holdco LLC, 2025 FLFO Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.61% and 1.50% <br> PIK), 8.78%, 09/25/29<sup>(f)</sup><br>|  | 2806 | &nbsp;&nbsp; 2489269 |
| &nbsp;&nbsp;&nbsp; Telenet Financing USD LLC, 2020 USD Term Loan AR, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.11%), <br> 5.79%, 04/28/28<br>|  | 560 | &nbsp;&nbsp; 552418 |
|  |  |  | &nbsp;&nbsp; 13478473 |
| **Metals & Mining — 0.2%** | **Metals & Mining — 0.2%** | **Metals & Mining — 0.2%** | **Metals & Mining — 0.2%** |
| &nbsp;&nbsp;&nbsp; Covia Holdings LLC, 2025 Repriced Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.40%, <br> 02/26/32<br>|  | 1346 | &nbsp;&nbsp; 1341983 |
| **Multi-Utilities — 0.4%** | **Multi-Utilities — 0.4%** | **Multi-Utilities — 0.4%** | **Multi-Utilities — 0.4%** |
| &nbsp;&nbsp;&nbsp; GFL ES US LLC, 2025 Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.17%, 03/03/32<br>|  | 2444 | &nbsp;&nbsp; 2442205 |
| **Oil, Gas & Consumable Fuels — 1.5%** | **Oil, Gas & Consumable Fuels — 1.5%** | **Oil, Gas & Consumable Fuels — 1.5%** | **Oil, Gas & Consumable Fuels — 1.5%** |
| &nbsp;&nbsp;&nbsp; Blackfin Pipeline LLC, Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 3.00%), 6.67%, 09/29/32<br>|  | 470 | &nbsp;&nbsp; 471730 |
| &nbsp;&nbsp;&nbsp; Buckeye Partners LP, 2025 Term Loan B7, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 11/22/32<br>|  | 478 | &nbsp;&nbsp; 478847 |
| &nbsp;&nbsp;&nbsp; Freeport LNG Investments, LLLP, 2026 Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 3.25%), <br> 6.89%, 02/11/33<br>|  | 1681 | &nbsp;&nbsp; 1679605 |
| &nbsp;&nbsp;&nbsp; GIP Pilot Acquisition Partners LP, 2025 Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.00%), <br> 5.65%, 10/04/30<br>|  | 237 | &nbsp;&nbsp; 237066 |
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I LP, Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.43%, 02/11/30<sup>(c)</sup><br>|  | 685 | &nbsp;&nbsp; 684224 |
| &nbsp;&nbsp;&nbsp; Meade Pipeline Co. LLC, Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.69%, <br> 09/22/32<br>|  | 482 | &nbsp;&nbsp; 481195 |
| &nbsp;&nbsp;&nbsp; Murphy USA, Inc., Term Loan B, (1-mo. CME Term <br> SOFR at 0.50% Floor + 1.75%), 5.42%, 04/07/32<br>|  | 312 | &nbsp;&nbsp; 314656 |
| &nbsp;&nbsp;&nbsp; NGL Energy Partners LP, 2026 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.50%), 7.18%, <br> 03/11/33<br>|  | 675 | &nbsp;&nbsp; 675000 |

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| &nbsp;&nbsp;&nbsp; Oryx Midstream Services Permian Basin LLC, 2025 Term <br> Loan B, (1-mo. CME Term SOFR at 0.50% Floor + <br> 2.25%), 5.93%, 10/05/28<br>| USD | 2600 | &nbsp;&nbsp; $2601035 |
| &nbsp;&nbsp;&nbsp; TransMontaigne Partners LLC, Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 2.25%), 5.92%, <br> 03/16/30<br>|  | 516 | &nbsp;&nbsp; 514750 |
| &nbsp;&nbsp;&nbsp; Whitewater Matterhorn Holdings LLC, 2026 Term Loan <br> B, (3-mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.45%, 06/16/32<br>|  | 867 | &nbsp;&nbsp; 861959 |
|  |  |  | &nbsp;&nbsp; 9000067 |
| **Passenger Airlines — 1.1%** | **Passenger Airlines — 1.1%** | **Passenger Airlines — 1.1%** | **Passenger Airlines — 1.1%** |
| &nbsp;&nbsp;&nbsp; AAdvantage Loyalty IP Ltd., 2025 Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.25%), 5.92%, <br> 04/20/28<br>|  | 810 | &nbsp;&nbsp; 801013 |
| &nbsp;&nbsp;&nbsp; Air Canada, 2024 Term Loan B, (3-mo. CME Term SOFR <br> at 0.00% Floor + 1.75%), 5.42%, 03/21/31<br>|  | 1451 | &nbsp;&nbsp; 1437429 |
| American Airlines, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series AA, 2017 1st Lien Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 1.85%), 5.52%, <br> 01/29/27<br>|  | 141 | &nbsp;&nbsp; 140174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023 1st Lien Term Loan, (3-mo. CME Term SOFR at <br> 0.00% Floor + 2.25%), 5.91%, 06/04/29<br>|  | 1250 | &nbsp;&nbsp; 1209943 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp., 2024 Term Loan B, (3-mo. CME <br> Term SOFR at 0.50% Floor + 4.75%), 8.44%, <br> 08/27/29<br>|  | 1479 | &nbsp;&nbsp; 1341060 |
| &nbsp;&nbsp;&nbsp; Stonepeak Nile Parent LLC, 2025 Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.25%), 5.92%, <br> 04/09/32<br>|  | 663 | &nbsp;&nbsp; 661698 |
| &nbsp;&nbsp;&nbsp; United Airlines, Inc., 2026 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 1.75%), 5.43%, <br> 02/22/31<br>|  | 1202 | &nbsp;&nbsp; 1197171 |
|  |  |  | &nbsp;&nbsp; 6788488 |
| **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals LLC, 2026 Term Loan, (1-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.67%, <br> 08/01/32<br>|  | 2015 | &nbsp;&nbsp; 2019914 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc., 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 10/31/32<br>|  | 363 | &nbsp;&nbsp; 362641 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings, Inc., 2024 1st Lien Term Loan, <br> (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), <br> 7.42%, 04/23/31<br>|  | 536 | &nbsp;&nbsp; 532309 |
| &nbsp;&nbsp;&nbsp; Jazz Financing Lux SARL, 2024 1st Lien Term Loan B2, <br> (1-mo. CME Term SOFR + 2.25%), 5.92%, 05/05/28<br>|  | 1578 | &nbsp;&nbsp; 1582790 |
| &nbsp;&nbsp;&nbsp; Organon & Co., 2024 USD Term Loan, (1-mo. CME Term <br> SOFR at 0.50% Floor + 2.25%), 5.92%, 05/19/31<br>|  | 362 | &nbsp;&nbsp; 343988 |
| &nbsp;&nbsp;&nbsp; Perrigo Investments LLC, 2024 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 04/20/29<br>|  | 892 | &nbsp;&nbsp; 885884 |
| &nbsp;&nbsp;&nbsp; PRA Health Sciences, Inc., 2024 US Term Loan B, (3-<br> mo. CME Term SOFR at 0.50% Floor + 2.00%), <br> 5.70%, 07/03/28<br>|  | 120 | &nbsp;&nbsp; 119841 |
|  |  |  | &nbsp;&nbsp; 5847367 |
| **Professional Services — 1.9%** | **Professional Services — 1.9%** | **Professional Services — 1.9%** | **Professional Services — 1.9%** |
| &nbsp;&nbsp;&nbsp; AlixPartners LLP, 2025 USD Term Loan, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 08/12/32<br>|  | 905 | &nbsp;&nbsp; 895934 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings, Inc., 2024 Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 09/29/31<br>|  | 1247 | &nbsp;&nbsp; 1246319 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Professional Services (continued)** | **Professional Services (continued)** | **Professional Services (continued)** | **Professional Services (continued)** |
| &nbsp;&nbsp;&nbsp; CoreLogic, Inc., Term Loan, (1-mo. CME Term SOFR at <br> 0.50% Floor + 3.61%), 7.28%, 06/02/28<br>| USD | 1616 | &nbsp;&nbsp; $1542603 |
| &nbsp;&nbsp;&nbsp; Corpay Technologies Operating Co. LLC, Term Loan B5, <br> (1-mo. CME Term SOFR at 0.00% Floor + 1.75%), <br> 5.42%, 04/28/28<br>|  | 2053 | &nbsp;&nbsp; 2051154 |
| &nbsp;&nbsp;&nbsp; Galaxy U.S. Opco, Inc., Term Loan, (3-mo. CME Term <br> SOFR at 0.50% Floor + 2.00% and 3.25% PIK), <br> 9.42%, 07/31/30<sup>(f)</sup><br>|  | 441 | &nbsp;&nbsp; 378418 |
| Trans Union LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B8, (3-mo. CME Term SOFR at <br> 0.00% Floor + 1.75%), 5.45%, 06/24/31<br>|  | 1864 | &nbsp;&nbsp; 1852221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 Term Loan B9, (3-mo. CME Term SOFR at <br> 0.50% Floor + 1.75%), 5.45%, 06/24/31<br>|  | 974 | &nbsp;&nbsp; 967873 |
| Zelis Payments Buyer, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5th Amendment Term Loan, (1-mo. CME Term SOFR <br> at 0.00% Floor + 3.25%), 6.92%, 11/26/31<br>|  | 1715 | &nbsp;&nbsp; 1656381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Term Loan B, (1-mo. CME Term SOFR + 2.75%), <br> 6.42%, 09/28/29<br>|  | 972 | &nbsp;&nbsp; 939486 |
|  |  |  | &nbsp;&nbsp; 11530389 |
| **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC, 2025 Term <br> Loan B3, (1-mo. CME Term SOFR at 0.50% Floor + <br> 2.75%), 6.42%, 01/31/30<sup>(c)</sup><br>|  | 492 | &nbsp;&nbsp; 493628 |
| **Semiconductors & Semiconductor Equipment — 0.5%** | **Semiconductors & Semiconductor Equipment — 0.5%** | **Semiconductors & Semiconductor Equipment — 0.5%** | **Semiconductors & Semiconductor Equipment — 0.5%** |
| &nbsp;&nbsp;&nbsp; Entegris, Inc., 2023 Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 1.75%), 5.43%, 07/06/29<br>|  | 759 | &nbsp;&nbsp; 759574 |
| &nbsp;&nbsp;&nbsp; Qnity Electronics, Inc., Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.00%), 5.67%, 11/01/32<br>|  | 2301 | &nbsp;&nbsp; 2295479 |
|  |  |  | &nbsp;&nbsp; 3055053 |
| **Software — 8.2%** | **Software — 8.2%** | **Software — 8.2%** | **Software — 8.2%** |
| &nbsp;&nbsp;&nbsp; Applied Systems, Inc., 2024 1st Lien Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.25%), 5.95%, <br> 02/24/31<br>|  | 3385 | &nbsp;&nbsp; 3314973 |
| &nbsp;&nbsp;&nbsp; Avalara, Inc., 2025 Term Loan, (3-mo. CME Term SOFR <br> at 0.00% Floor + 2.75%), 6.45%, 03/26/32<br>|  | 1118 | &nbsp;&nbsp; 1090691 |
| &nbsp;&nbsp;&nbsp; Barracuda Networks, Inc., 2022 Term Loan, (3-mo. CME <br> Term SOFR at 0.50% Floor + 4.50%), 8.17%, <br> 08/15/29<br>|  | 987 | &nbsp;&nbsp; 624480 |
| &nbsp;&nbsp;&nbsp; Boxer Parent Co., Inc., 2025 USD Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 3.00%), 6.67%, <br> 07/30/31<br>|  | 3011 | &nbsp;&nbsp; 2784195 |
| &nbsp;&nbsp;&nbsp; Capstone Borrower, Inc., 2025 Term Loan B, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.45%, <br> 06/17/30<br>|  | 640 | &nbsp;&nbsp; 606891 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions, Inc., Term Loan, (1-mo. CME <br> Term SOFR + 2.00%), 5.67%, 01/23/32<br>|  | 1722 | &nbsp;&nbsp; 1706664 |
| Cloud Software Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B (2031), (3-mo. CME Term SOFR at <br> 0.00% Floor + 3.25%), 6.95%, 03/21/31<br>|  | 2699 | &nbsp;&nbsp; 2464186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 Term Loan B (2032), (3-mo. CME Term SOFR at <br> 0.00% Floor + 3.25%), 6.95%, 08/13/32<br>|  | 3555 | &nbsp;&nbsp; 3241778 |
| &nbsp;&nbsp;&nbsp; Cloudera, Inc., 2021 Term Loan, (1-mo. CME Term <br> SOFR at 0.50% Floor + 3.85%), 7.52%, 10/08/28<br>|  | 644 | &nbsp;&nbsp; 571578 |
| &nbsp;&nbsp;&nbsp; Clover Holdings 2 LLC, Term Loan B, (1-mo. CME Term <br> SOFR at 0.00% Floor + 4.00%), 7.68%, 12/09/31<br>|  | 2304 | &nbsp;&nbsp; 2203617 |
| &nbsp;&nbsp;&nbsp; CoreLogic, Inc., 2nd Lien Term Loan, (1-mo. CME Term <br> SOFR + 6.61%), 10.28%, 06/04/29<br>|  | 488 | &nbsp;&nbsp; 453537 |
| &nbsp;&nbsp;&nbsp; Darktrace PLC, 1st Lien Term Loan, (3-mo. CME Term <br> SOFR + 3.25%), 6.90%, 10/09/31<br>|  | 398 | &nbsp;&nbsp; 380563 |
| &nbsp;&nbsp;&nbsp; Dayforce, Inc., 2026 Term Loan, (3-mo. CME Term <br> SOFR at 0.00% Floor + 3.00%), 6.66%, 02/04/33<br>|  | 2385 | &nbsp;&nbsp; 2253157 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Software (continued)** | **Software (continued)** | **Software (continued)** | **Software (continued)** |
| &nbsp;&nbsp;&nbsp; DS Admiral Bidco LLC, 2024 Term Loan B, (3-mo. CME <br> Term SOFR + 4.25%), 7.95%, 06/26/31<br>| USD | 626 | &nbsp;&nbsp; $585256 |
| Ellucian Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 1st Lien Term Loan B, (1-mo. CME Term SOFR <br> at 0.50% Floor + 2.50%), 6.17%, 10/08/29<br>|  | 2997 | &nbsp;&nbsp; 2910176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 2nd Lien Term Loan, (1-mo. CME Term SOFR at <br> 0.50% Floor + 4.75%), 8.42%, 11/22/32<br>|  | 513 | &nbsp;&nbsp; 489489 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc., 2024 Term Loan B, (1-mo. CME Term <br> SOFR + 1.75%), 5.42%, 09/12/29<br>|  | 2812 | &nbsp;&nbsp; 2780514 |
| &nbsp;&nbsp;&nbsp; Genesys Cloud Services, Inc., 2025 USD Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 01/30/32<br>|  | 2269 | &nbsp;&nbsp; 2168268 |
| &nbsp;&nbsp;&nbsp; Kaseya, Inc., 2025 1st Lien Term Loan B, (1-mo. CME <br> Term SOFR at 0.00% Floor + 3.25%), 6.92%, <br> 03/22/32<br>|  | 3269 | &nbsp;&nbsp; 3044238 |
| &nbsp;&nbsp;&nbsp; McAfee Corp., 2024 USD 1st Lien Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.67%, <br> 03/01/29<br>|  | 1601 | &nbsp;&nbsp; 1424814 |
| &nbsp;&nbsp;&nbsp; MH Sub I LLC, 2024 Term Loan B4, (1-mo. CME Term <br> SOFR at 0.50% Floor + 4.25%), 7.92%, 12/31/31<br>|  | 524 | &nbsp;&nbsp; 347025 |
| &nbsp;&nbsp;&nbsp; Mitchell International, Inc., 2024 2nd Lien Term Loan, <br> (1-mo. CME Term SOFR + 5.25%), 8.92%, 06/17/32<br>|  | 405 | &nbsp;&nbsp; 362389 |
| &nbsp;&nbsp;&nbsp; MKS Instruments, Inc., 2026 USD Term Loan B, (1-mo. <br> CME Term SOFR at 0.50% Floor + 1.75%), 5.41%, <br> 02/04/33<br>|  | 1326 | &nbsp;&nbsp; 1326411 |
| &nbsp;&nbsp;&nbsp; Ping Identity Corp., 2025 Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.75%), 6.42%, 11/15/32<sup>(c)</sup><br>|  | 548 | &nbsp;&nbsp; 540465 |
| &nbsp;&nbsp;&nbsp; Proofpoint, Inc., 2025 Repriced Term Loan, (3-mo. CME <br> Term SOFR at 0.50% Floor + 3.00%), 6.70%, <br> 08/31/28<br>|  | 3442 | &nbsp;&nbsp; 3327125 |
| &nbsp;&nbsp;&nbsp; Quartz Acquireco LLC, 2025 Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.25%), 5.95%, <br> 06/28/30<sup>(c)</sup><br>|  | 887 | &nbsp;&nbsp; 735951 |
| &nbsp;&nbsp;&nbsp; RealPage, Inc., 1st Lien Term Loan, (3-mo. CME Term <br> SOFR + 3.26%), 6.96%, 04/24/28<br>|  | 1633 | &nbsp;&nbsp; 1561709 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies, Inc., 2024 Term Loan B8, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.00%), 5.67%, <br> 05/09/31<br>|  | 2689 | &nbsp;&nbsp; 2678511 |
| &nbsp;&nbsp;&nbsp; UKG, Inc., 2024 Term Loan B, (3-mo. CME Term SOFR <br> at 0.00% Floor + 2.50%), 6.17%, 02/10/31<br>|  | 2699 | &nbsp;&nbsp; 2575365 |
| &nbsp;&nbsp;&nbsp; VS Buyer LLC, 2025 Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 2.25%), 5.92%, 04/12/31<br>|  | 2352 | &nbsp;&nbsp; 2293652 |
|  |  |  | &nbsp;&nbsp; 50847668 |
| **Specialty Retail — 1.8%** | **Specialty Retail — 1.8%** | **Specialty Retail — 1.8%** | **Specialty Retail — 1.8%** |
| &nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC, 2026 Repriced Term Loan B, <br> (3-mo. CME Term SOFR at 0.50% Floor + 2.00%), <br> 5.66%, 10/16/31<br>|  | 3122 | &nbsp;&nbsp; 3118618 |
| &nbsp;&nbsp;&nbsp; Hunter Douglas, Inc., 2025 USD Term Loan B, (3-mo. <br> CME Term SOFR at 0.50% Floor + 3.00%), 6.70%, <br> 01/20/32<br>|  | 1968 | &nbsp;&nbsp; 1956343 |
| &nbsp;&nbsp;&nbsp; LS Group OpCo Acquistion LLC, 2025 Term Loan B, <br> (3-mo. CME Term SOFR at 0.00% Floor + 2.50%), <br> 6.17%, 04/23/31<br>|  | 1194 | &nbsp;&nbsp; 1190055 |
| &nbsp;&nbsp;&nbsp; Mavis Tire Express Services Topco Corp., 2025 Repriced <br> Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + <br> 3.00%), 6.67%, 05/04/28<br>|  | 2945 | &nbsp;&nbsp; 2940799 |
| &nbsp;&nbsp;&nbsp; Peer USA LLC, 2025 USD Term Loan B, (3-mo. CME <br> Term SOFR at 0.00% Floor + 2.25%), 5.95%, <br> 10/14/32<br>|  | 335 | &nbsp;&nbsp; 331650 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Specialty Retail (continued)** | **Specialty Retail (continued)** | **Specialty Retail (continued)** | **Specialty Retail (continued)** |
| &nbsp;&nbsp;&nbsp; Project Aurora US Finco, Inc., USD Term Loan, (3-mo. <br> CME Term SOFR at 0.00% Floor + 2.75%), 6.45%, <br> 12/06/32<br>| USD | 240 | &nbsp;&nbsp; $240000 |
| &nbsp;&nbsp;&nbsp; Pye-Barker Fire & Safety LLC, 2025 Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 2.50%), 6.17%, <br> 12/16/32<br>|  | 1105 | &nbsp;&nbsp; 1105883 |
| &nbsp;&nbsp;&nbsp; Restoration Hardware, Inc., 2022 Incremental Term <br> Loan, (1-mo. CME Term SOFR at 0.50% Floor + <br> 3.35%), 7.02%, 10/20/28<br>|  | 279 | &nbsp;&nbsp; 276631 |
|  |  |  | &nbsp;&nbsp; 11159979 |
| **Technology Hardware, Storage & Peripherals — 0.5%** | **Technology Hardware, Storage & Peripherals — 0.5%** | **Technology Hardware, Storage & Peripherals — 0.5%** | **Technology Hardware, Storage & Peripherals — 0.5%** |
| &nbsp;&nbsp;&nbsp; Finastra USA, Inc., 2025 USD Term Loan, (3-mo. CME <br> Term SOFR at 0.00% Floor + 4.00%), 7.67%, <br> 09/15/32<br>|  | 3298 | &nbsp;&nbsp; 3091875 |
| **Textiles, Apparel & Luxury Goods — 0.1%** | **Textiles, Apparel & Luxury Goods — 0.1%** | **Textiles, Apparel & Luxury Goods — 0.1%** | **Textiles, Apparel & Luxury Goods — 0.1%** |
| &nbsp;&nbsp;&nbsp; ABG Intermediate Holdings 2 LLC, 2025 Delayed Draw <br> Term Loan, (1-mo. CME Term SOFR at 0.00% Floor + <br> 2.25%), 5.92%, 02/13/32<br>|  | 628 | &nbsp;&nbsp; 624262 |
| **Tobacco — 0.0%** | **Tobacco — 0.0%** | **Tobacco — 0.0%** | **Tobacco — 0.0%** |
| &nbsp;&nbsp;&nbsp; Savor Acquisition, Inc., Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 3.00%), 6.67%, 02/19/32<br>|  | 61 | &nbsp;&nbsp; 60705 |
| **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** | **Trading Companies & Distributors — 0.1%** |
| &nbsp;&nbsp;&nbsp; TMK Hawk Parent Corp., 2024 Term Loan B, (1-mo. <br> CME Term SOFR at 1.00% Floor + 4.00%), 7.67%, <br> 07/02/29<sup>(c)</sup><br>|  | 1938 | &nbsp;&nbsp; 881565 |
| **Transportation Infrastructure — 1.1%** | **Transportation Infrastructure — 1.1%** | **Transportation Infrastructure — 1.1%** | **Transportation Infrastructure — 1.1%** |
| &nbsp;&nbsp;&nbsp; Apple Bidco LLC, 2025 Term Loan, (1-mo. CME Term <br> SOFR at 0.00% Floor + 2.50%), 6.17%, 09/23/31<br>|  | 2825 | &nbsp;&nbsp; 2824761 |
| &nbsp;&nbsp;&nbsp; Brown Group Holding LLC, Term Loan B, (1-mo. CME <br> Term SOFR at 0.50% Floor + 2.50%), 6.17%, <br> 07/01/31<br>|  | 1219 | &nbsp;&nbsp; 1219597 |
| &nbsp;&nbsp;&nbsp; OLA Netherlands BV, Term Loan, (1-mo. CME Term <br> SOFR at 0.75% Floor + 6.35%), 10.02%, 12/15/26<br>|  | 715 | &nbsp;&nbsp; 709442 |
| &nbsp;&nbsp;&nbsp; Rand Parent LLC, 2025 Term Loan B, (3-mo. CME Term <br> SOFR at 0.00% Floor + 3.00%), 6.70%, 03/18/30<br>|  | 1759 | &nbsp;&nbsp; 1755398 |
| &nbsp;&nbsp;&nbsp; SIRVA Worldwide, Inc., 2024 Term Loan, (3-mo. CME <br> Term SOFR at 2.00% Floor + 8.00%), 11.66%, <br> 08/20/29<br>|  | 1086 | &nbsp;&nbsp; 418204 |
|  |  |  | &nbsp;&nbsp; 6927402 |
| **Wireless Telecommunication Services — 0.5%** | **Wireless Telecommunication Services — 0.5%** | **Wireless Telecommunication Services — 0.5%** | **Wireless Telecommunication Services — 0.5%** |
| &nbsp;&nbsp;&nbsp; Digicel International Finance Ltd., 2025 Term Loan B, <br> (1-mo. CME Term SOFR at 0.00% Floor + 5.25%), <br> 8.92%, 08/06/32<br>|  | 687 | &nbsp;&nbsp; 685704 |
| &nbsp;&nbsp;&nbsp; SBA Senior Finance II LLC, 2024 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 1.75%), 5.42%, <br> 01/25/31<br>|  | 1342 | &nbsp;&nbsp; 1346011 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC, 2025 Term Loan B, (1-mo. <br> CME Term SOFR at 0.00% Floor + 4.00%), 7.67%, <br> 10/06/32<br>|  | 1286 | &nbsp;&nbsp; 1284980 |
|  |  |  | &nbsp;&nbsp; 3316695 |
| **Total Floating Rate Loan Interests — 84.8%** <br>**(Cost: $539,093,639)** | **Total Floating Rate Loan Interests — 84.8%** <br>**(Cost: $539,093,639)** | **Total Floating Rate Loan Interests — 84.8%** <br>**(Cost: $539,093,639)** | &nbsp;&nbsp; 523795921 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Investment Companies** | **Investment Companies** | **Investment Companies** |
| **Equity Funds — 5.3%** | **Equity Funds — 5.3%** |  |
| H-Food Holdings, LLC | 8393 | &nbsp;&nbsp; $155270 |
| Invesco Senior Loan ETF | 1141200 | &nbsp;&nbsp; 23291892 |
| State Street Blackstone Senior Loan ETF | 235000 | &nbsp;&nbsp; 9432900 |
|  |  | &nbsp;&nbsp; 32880062 |
| **Fixed Income Funds — 2.7%** | **Fixed Income Funds — 2.7%** |  |
| &nbsp;&nbsp;&nbsp; iShares 0-5 Year Investment Grade Corporate Bond <br> ETF<br>| 40000 | &nbsp;&nbsp; 2019600 |
| iShares Broad USD High Yield Corporate Bond ETF<sup>(n)</sup> | 395000 | &nbsp;&nbsp; 14551800 |
|  |  | &nbsp;&nbsp; 16571400 |
| **Total Investment Companies — 8.0%** <br>**(Cost: $50,522,717)** | **Total Investment Companies — 8.0%** <br>**(Cost: $50,522,717)** | &nbsp;&nbsp; 49451462 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | *Par* <br>*(000)*<br>|  |
| **Preferred Securities** | **Preferred Securities** | **Preferred Securities** | **Preferred Securities** |
| **Capital Trusts — 0.7%**<sup>(a)</sup> | **Capital Trusts — 0.7%**<sup>(a)</sup> | **Capital Trusts — 0.7%**<sup>(a)</sup> | **Capital Trusts — 0.7%**<sup>(a)</sup> |
| **Banks**<sup>(k)</sup> **— 0.0%** | **Banks**<sup>(k)</sup> **— 0.0%** | **Banks**<sup>(k)</sup> **— 0.0%** |  |
| Citigroup, Inc., Series GG, 6.88% | USD | 60 | &nbsp;&nbsp; 60424 |
| PNC Financial Services Group, Inc., Series W, 6.25% |  | 30 | &nbsp;&nbsp; 30263 |
|  |  |  | &nbsp;&nbsp; 90687 |
| **Capital Markets — 0.0%** | **Capital Markets — 0.0%** | **Capital Markets — 0.0%** |  |
| Apollo Global Management, Inc., 6.00%, 12/15/54 |  | 84 | &nbsp;&nbsp; 78758 |
| **Electric Utilities — 0.1%** | **Electric Utilities — 0.1%** | **Electric Utilities — 0.1%** |  |
| AES Corp., 7.60%, 01/15/55 |  | 71 | &nbsp;&nbsp; 70426 |
| CenterPoint Energy, Inc., Series B, 6.85%, 02/15/55 |  | 19 | &nbsp;&nbsp; 19908 |
| Dominion Energy, Inc., 6.63%, 05/15/55 |  | 15 | &nbsp;&nbsp; 15230 |
| Duke Energy Corp., 6.45%, 09/01/54 |  | 33 | &nbsp;&nbsp; 34077 |
| NextEra Energy Capital Holdings, Inc., 6.38%, 08/15/55 |  | 55 | &nbsp;&nbsp; 56031 |
| PG&E Corp., 6.85%, 09/15/56 |  | 122 | &nbsp;&nbsp; 120552 |
|  |  |  | &nbsp;&nbsp; 316224 |
| **Financial Services — 0.3%** | **Financial Services — 0.3%** | **Financial Services — 0.3%** |  |
| Bank of America Corp.<sup>(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series OO, 6.63% |  | 259 | &nbsp;&nbsp; 265538 |
| &nbsp;&nbsp;&nbsp; Series U, 6.25% |  | 92 | &nbsp;&nbsp; 92554 |
| Barclays PLC<sup>(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 4.38% |  | 200 | &nbsp;&nbsp; 189641 |
| &nbsp;&nbsp;&nbsp; 9.63% |  | 200 | &nbsp;&nbsp; 218151 |
| Brookfield Finance, Inc., 6.30%, 01/15/55 |  | 125 | &nbsp;&nbsp; 119730 |
| Citigroup, Inc.<sup>(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; Series CC, 7.13% |  | 117 | &nbsp;&nbsp; 118150 |
| &nbsp;&nbsp;&nbsp; Series DD, 7.00% |  | 45 | &nbsp;&nbsp; 46313 |
| &nbsp;&nbsp;&nbsp; Series EE, 6.75% |  | 100 | &nbsp;&nbsp; 99955 |
| &nbsp;&nbsp;&nbsp; Series FF, 6.95% |  | 40 | &nbsp;&nbsp; 40297 |
| &nbsp;&nbsp;&nbsp; Series HH, 6.63% |  | 90 | &nbsp;&nbsp; 90068 |
| Goldman Sachs Group, Inc.<sup>(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 6.85% |  | 85 | &nbsp;&nbsp; 86642 |
| &nbsp;&nbsp;&nbsp; Series Y, 6.13% |  | 102 | &nbsp;&nbsp; 101469 |
| UBS Group AG<sup>(b)(k)</sup> <br>|  |  |  |
| &nbsp;&nbsp;&nbsp; 7.00% |  | 200 | &nbsp;&nbsp; 194416 |
| &nbsp;&nbsp;&nbsp; 7.75% |  | 200 | &nbsp;&nbsp; 206084 |
| &nbsp;&nbsp;&nbsp; Series NC10, 9.25% |  | 200 | &nbsp;&nbsp; 225248 |
|  |  |  | &nbsp;&nbsp; 2094256 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* |  | *Par*<br> *(000)*<br>| *Value* |
| **Independent Power and Renewable Electricity Producers**<sup>(b)(k)</sup> **— 0.1%** | **Independent Power and Renewable Electricity Producers**<sup>(b)(k)</sup> **— 0.1%** | **Independent Power and Renewable Electricity Producers**<sup>(b)(k)</sup> **— 0.1%** |  |
| NRG Energy, Inc., 10.25% | USD | 125 | &nbsp;&nbsp; $134840 |
| Vistra Corp., 7.00% |  | 301 | &nbsp;&nbsp; 301386 |
|  |  |  | &nbsp;&nbsp; 436226 |
| **Insurance — 0.0%** | **Insurance — 0.0%** | **Insurance — 0.0%** |  |
| Corebridge Financial, Inc., 6.38%, 09/15/54 |  | 59 | &nbsp;&nbsp; 57987 |
| **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** | **Multi-Utilities — 0.0%** |  |
| AltaGas Ltd., 7.20%, 10/15/54<sup>(b)</sup> |  | 52 | &nbsp;&nbsp; 52727 |
| **Oil, Gas & Consumable Fuels**<sup>(k)</sup> **— 0.2%** | **Oil, Gas & Consumable Fuels**<sup>(k)</sup> **— 0.2%** | **Oil, Gas & Consumable Fuels**<sup>(k)</sup> **— 0.2%** |  |
| Energy Transfer LP, Series G, 7.13% |  | 62 | &nbsp;&nbsp; 63105 |
| Sunoco LP, 7.88%<sup>(b)</sup> |  | 602 | &nbsp;&nbsp; 614657 |
| Venture Global LNG, Inc., 9.00%<sup>(b)</sup> |  | 426 | &nbsp;&nbsp; 424316 |
|  |  |  | &nbsp;&nbsp; 1102078 |
|  |  |  | &nbsp;&nbsp; 4228943 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Preferred Stocks — 0.0%**<sup>(d)</sup> | **Preferred Stocks — 0.0%**<sup>(d)</sup> | **Preferred Stocks — 0.0%**<sup>(d)</sup> |
| **Ground Transportation — 0.0%** | **Ground Transportation — 0.0%** |  |
| Sirva BGRS Holdings, Inc., 07/21/30 | 382 | &nbsp;&nbsp; 66794 |
| **IT Services**<sup>(c)</sup> **— 0.0%** | **IT Services**<sup>(c)</sup> **— 0.0%** |  |
| Veritas Newco |  |  |
| &nbsp;&nbsp;&nbsp; Series G | 1882 | &nbsp;&nbsp; 35763 |
| &nbsp;&nbsp;&nbsp; Series G-1 | 1301 | &nbsp;&nbsp; 24719 |
|  |  | &nbsp;&nbsp; 60482 |
|  |  | &nbsp;&nbsp; 127276 |
| **Total Preferred Securities — 0.7%** <br>**(Cost: $4,500,594)** | **Total Preferred Securities — 0.7%** <br>**(Cost: $4,500,594)** | &nbsp;&nbsp; 4356219 |
| **Warrants** | **Warrants** | **Warrants** |
| **Energy Equipment & Services — 0.0%** | **Energy Equipment & Services — 0.0%** |  |
| Turbo Cayman Ltd., (Strike Price GBP 0.01)<sup>(c)(d)</sup> | 1 | &nbsp;&nbsp; — |
| **Financial Services — 0.0%** | **Financial Services — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Service King (Carnelian Point), (Exercisable 01/14/23, <br> 1 Share for 1 Warrant, Expires 06/30/27, Strike Price <br> USD 10.00)<sup>(d)</sup><br>| 2435 | &nbsp;&nbsp; — |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; — |
| **Total Long-Term Investments — 118.9%** <br>**(Cost: $761,596,618)** | **Total Long-Term Investments — 118.9%** <br>**(Cost: $761,596,618)** | &nbsp;&nbsp; 733973589 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.0%** | **Money Market Funds — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional Shares, <br> 3.55%<sup>(n)(o)</sup><br>| 147572 | &nbsp;&nbsp; 147572 |
| **Total Short-Term Securities — 0.0%** <br>**(Cost: $147,572)** | **Total Short-Term Securities — 0.0%** <br>**(Cost: $147,572)** | &nbsp;&nbsp; 147572 |
| **Total Investments — 118.9%** <br>**(Cost: $761,744,190)** | **Total Investments — 118.9%** <br>**(Cost: $761,744,190)** | &nbsp;&nbsp; 734121161 |
| **Liabilities in Excess of Other Assets — (18.9)%** | **Liabilities in Excess of Other Assets — (18.9)%** | &nbsp;&nbsp; (116760520)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $617360641 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

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

<sup>(e)</sup> Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $282,912, representing 0.1% of its net assets as of period end, and an original cost of $31,736. 

<sup>(f)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. 

<sup>(g)</sup> Issuer filed for bankruptcy and/or is in default.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(h)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. 

<sup>(i)</sup> Convertible security.

<sup>(j)</sup> Zero-coupon bond.

<sup>(k)</sup> Perpetual security with no stated maturity date.

<sup>(l)</sup> When-issued security.

<sup>(m)</sup> Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate. 

<sup>(n)</sup> Affiliate of the Fund.

<sup>(o)</sup> Annualized 7-day yield as of period end.

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Fund for compliance purposes.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*12/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Liquidity Funds, T-Fund, Institutional Shares | $1327027 | $— | $(1179455 )<sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $147572 | 147572 | $30103 | $— |
| iShares Broad USD High Yield Corporate Bond ETF | 10657575 | 4030438 |  | &nbsp;&nbsp; — | (136213)<br>| 14551800 | 395000 | 119058 |  |
|  |  |  |  | &nbsp;&nbsp; $— | $(136213)<br>| $14699372 |  | $149161 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Short Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 10-Year U.S. Ultra Long Treasury Note | &nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; $3970 | &nbsp;&nbsp;&nbsp;&nbsp; $76738 |
| &nbsp;&nbsp;&nbsp; U.S. Long Bond | &nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2273 | &nbsp;&nbsp;&nbsp;&nbsp; 69965 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $146703 |

---

**Forward Foreign Currency Exchange Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| USD | 88826 | EUR | 77000 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(484)<br>|
| USD | 2048767 | EUR | 1776000 | Barclays Bank PLC | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11156)<br>|
| USD | 115347 | EUR | 100000 | Toronto-Dominion Bank | 06/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (640)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(12280)<br>|

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**Centrally Cleared Credit Default Swaps — Sell Protection** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Reference Obligation/Index* | *Financing* <br>*Rate Received* <br>*by the Fund*<br>| &nbsp;&nbsp;&nbsp; *Payment* <br>*Frequency*<br>| &nbsp;&nbsp;&nbsp; *Termination* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Credit* <br>*Rating*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)* | *Value* | &nbsp;&nbsp; *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| &nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| CDX.NA.HY.44.V2 | 5.00<br> % <br>| Quarterly | 06/20/30 | CCC+ | USD | 495 | &nbsp;&nbsp;&nbsp; $29706 | &nbsp;&nbsp;&nbsp; $23058 | &nbsp;&nbsp;&nbsp; $6648 |

---

**OTC Total Return Swaps** 

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund |  |  |  |  |  |  |  |  |
| *Rate/Reference* | *Frequency* | *Rate/Reference* | *Frequency* | *Counterparty* | *Effective* <br>*Date*<br>| *Termination* <br>*Date*<br>| *Notional* <br>*Amount (000)* | *Notional* <br>*Amount (000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)*<br>| *Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| &nbsp;&nbsp;&nbsp; 1-day SOFR minus <br> 0.90%, 3.68%<br>| Quarterly | &nbsp;&nbsp;&nbsp; Markit iBoxx USD <br> Liquid Leveraged <br> Loan Index<br>| At Termination | &nbsp;&nbsp;&nbsp; Morgan Stanley & <br> Co. International <br> PLC<br>| N/A | 06/20/26 | USD | 10000 | $(49542)<br>| $(108112)<br>| $58570 |
| 1-day SOFR, 3.68% | Quarterly | &nbsp;&nbsp;&nbsp; Markit iBoxx USD <br> Liquid Leveraged <br> Loan Index<br>| At Termination | &nbsp;&nbsp;&nbsp; Morgan Stanley & <br> Co. International <br> PLC<br>| N/A | 09/20/26 | USD | 8000 | (39210)<br>| (72138)<br>| 32928 |
|  |  |  |  |  |  |  |  |  | $(88752)<br>| $(180250)<br>| $91498 |

---

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9562255 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9562255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entertainment | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 282912 | &nbsp;&nbsp;&nbsp;&nbsp; 282912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Services | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 271966 | &nbsp;&nbsp;&nbsp;&nbsp; 271966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ground Transportation | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1060 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 168345 | &nbsp;&nbsp;&nbsp;&nbsp; 168345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Conglomerates | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 70047 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 70047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IT Services | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 236829 | &nbsp;&nbsp;&nbsp;&nbsp; 236829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 177357 | &nbsp;&nbsp;&nbsp;&nbsp; 177357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trading Companies & Distributors | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 173584 | &nbsp;&nbsp;&nbsp;&nbsp; 173584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 199065 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 199065 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $143034787 | &nbsp;&nbsp;&nbsp;&nbsp; $2 | &nbsp;&nbsp;&nbsp;&nbsp; $143034789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2191775 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2191775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 512240155 | &nbsp;&nbsp;&nbsp;&nbsp; 11555766 | &nbsp;&nbsp;&nbsp;&nbsp; 523795921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Funds | &nbsp;&nbsp; 32724792 | &nbsp;&nbsp;&nbsp;&nbsp; 155270 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32880062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed Income Funds | &nbsp;&nbsp; 16571400 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16571400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4228943 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4228943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 66794 | &nbsp;&nbsp;&nbsp;&nbsp; 60482 | &nbsp;&nbsp;&nbsp;&nbsp; 127276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 147572 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 147572 |
| &nbsp;&nbsp;&nbsp; Unfunded Floating Rate Loan Interests<sup>(a)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 248 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 248 |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Unfunded Floating Rate Loan Interests<sup>(a)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5876)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (22610)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (28486)<br>|
|  | &nbsp;&nbsp; $49443767 | &nbsp;&nbsp;&nbsp;&nbsp; $671744523 | &nbsp;&nbsp;&nbsp;&nbsp; $12904633 | &nbsp;&nbsp;&nbsp;&nbsp; $734092923 |
| Derivative Financial Instruments<sup>(b)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $6648 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $6648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; 146703 | &nbsp;&nbsp;&nbsp;&nbsp; 91498 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 238201 |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12280)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12280)<br>|
|  | &nbsp;&nbsp; $146703 | &nbsp;&nbsp;&nbsp;&nbsp; $85866 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $232569 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.

<sup>(b)</sup> Derivative financial instruments are swaps and forward foreign currency exchange contracts. Swaps and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument. 

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, bank borrowings payable of $105,000,000 are categorized as Level 2 within the fair value hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Fund had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | *Common* <br>*Stocks*<br>| *Corporate* <br>*Bonds*<br>| *Fixed* <br>*Rate Loan* <br>*Interests*<br>| *Floating* <br>*Rate Loan* <br>*Interests*<br>| *Other* <br>*Interests*<br>| *Preferred* <br>*Stocks* <br>| *Unfunded* <br>*Floating* <br>*Rate Loan* <br>*Interests*<br>|
| **Assets** |  |  |  |  |  |  |  |
| Opening balance, as of December 31, 2025 | &nbsp;&nbsp; $1695564 | $2 | $— | $15400997 | $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $74156 | $321 |
| Transfers into Level 3<sup>(b)</sup> | &nbsp;&nbsp; 0 |  |  | 4167801 |  | &nbsp;&nbsp; — | 13300 |
| Transfers out of Level 3<sup>(c)</sup> | &nbsp;&nbsp; 0 |  |  | (5427668)<br>|  | &nbsp;&nbsp; — | (321)<br>|
| Accrued discounts/premiums | &nbsp;&nbsp; 0 |  |  | 4177 |  | &nbsp;&nbsp; — |  |
| Net realized gain (loss) | &nbsp;&nbsp; (63280)<br>|  |  | (75400)<br>|  | &nbsp;&nbsp; — |  |
| Net change in unrealized appreciation (depreciation)<sup>(d)</sup> | &nbsp;&nbsp; (552889)<br>|  | (1877)<br>| (51352)<br>|  | &nbsp;&nbsp; (13674)<br>| (35910)<br>|
| Purchases | &nbsp;&nbsp; 232883 |  | 1877 | 2415824 |  | &nbsp;&nbsp; — |  |
| Sales | &nbsp;&nbsp; (1285)<br>|  |  | (4878613)<br>|  | &nbsp;&nbsp; — |  |
| Closing balance, as of March 31, 2026 | &nbsp;&nbsp; $1310993 | $2 | $— | $11555766 | $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $60482 | $(22610)<br>|
| Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026<sup>(d)</sup> | &nbsp;&nbsp; $(616169)<br>| $— | $(1877)<br>| $(87860)<br>| $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $(13674)<br>| $(35911)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | *Warrants* | *Total*  |
| **Assets** |  |  |
| Opening balance, as of December 31, 2025 | &nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $17171040 |
| Transfers into Level 3<sup>(b)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; 4181101 |
| Transfers out of Level 3<sup>(c)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; (5427989)<br>|
| Accrued discounts/premiums | &nbsp;&nbsp; — | &nbsp;&nbsp; 4177 |
| Net realized gain (loss) | &nbsp;&nbsp; — | &nbsp;&nbsp; (138680)<br>|
| Net change in unrealized appreciation (depreciation)<sup>(d)</sup> | &nbsp;&nbsp; — | &nbsp;&nbsp; (655702)<br>|

---

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Debt Strategies Fund, Inc. (DSU)** 

---

| | | |
|:---|:---|:---|
|  | *Warrants* | *Total*  |
| Purchases | &nbsp;&nbsp; $— | &nbsp;&nbsp; $2650584 |
| Sales | &nbsp;&nbsp; — | &nbsp;&nbsp; (4879898)<br>|
| Closing balance, as of March 31, 2026 | &nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $12904633 |
| Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026<sup>(d)</sup> | &nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp; $(755491)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Rounds to less than $1.

<sup>(b)</sup> As of December 31, 2025, the Fund used observable inputs in determining the value of certain investments. As of March 31, 2026, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy. 

<sup>(c)</sup> As of December 31, 2025, the Fund used significant unobservable inputs in determining the value of certain investments. As of March 31, 2026, the Fund used observable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 2 in the disclosure hierarchy. 

<sup>(d)</sup> Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026 is generally due to investments no longer held or categorized as Level 3 at period end. 

The Fund's financial instruments that are categorized as Level 3 were valued utilizing third-party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third-party information could result in a significantly lower or higher value of such Level 3 financial instruments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Currency Abbreviation**  | **Currency Abbreviation**  |
| EUR | Euro |
| USD | United States Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| CLO | Collateralized Loan Obligation |
| CME | Chicago Mercantile Exchange  |
| CMT | Constant Maturity Treasury |
| CVR | Contingent Value Right |
| DAC | Designated Activity Company  |
| DIP | Debtor-In-Possession |
| ETF | Exchange-Traded Fund |
| GO | General Obligation Bonds |
| PIK | Payment-in-Kind |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |

---

Schedule of Investments

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Debt Strategies Fund, Inc.

- **b. Investment Company Act file number:** 811-08603

- **c. CIK number of Registrant:** 0001051003

- **d. LEI of Registrant:** Y02PFSGMGNYKWM70AJ95

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Debt Strategies Fund, Inc.

- **c. LEI of Series:** Y02PFSGMGNYKWM70AJ95

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $749610546.47

**Total Liabilities:** $132251993.39

**Net Assets:** $617358553.08

**Delayed Delivery Securities:** $13976500.27

**Cash Not Reported:** $2712677.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 11627.71000000 | **1-Year:** 88.41000000 | **5-Year:** 1305.79000000 | **10-Year:** 7062.83000000 | **30-Year:** 160.14000000

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

- **3-Month:** 143076.60000000 | **1-Year:** 3092.95000000 | **5-Year:** 39751.81000000 | **10-Year:** 2422.52000000 | **30-Year:** 186.55000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.41%               | -0.81%               | 0.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $141520.91               | $-5978976.61                               |
| Month 2  | $-220733.96              | $-7437126.46                               |
| Month 3  | $-660157.87              | $-1307824.29                               |

**Designated Index Information**

- **Index Name:** 62.50% LHY2ICAP SNPLLALL / -25% SLL5CUSTFC Index

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAL Delaware Holdco Inc                              | AAL Delaware Holdco Inc 2025 Term Loan                                           | CUSIP: 00036YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    389045 | PA      | $388193.23    | 0.06%             | 2031-07-30      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                      | ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B                        | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |   1249882 | PA      | $1246407.19   | 0.20%             | 2028-12-21      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                      | ABG Intermediate Holdings 2 LLC 2025 Delayed Draw Term Loan                      | CUSIP: 00076VBM1<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    627992 | PA      | $624262.20    | 0.10%             | 2032-02-13      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                         | ADT Security Corp/The                                                            | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    172000 | PA      | $166583.63    | 0.03%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ACP Tara Holdings Inc                                | ACP Tara Holdings Inc 2025 Term Loan B                                           | CUSIP: 00110HAG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    257000 | PA      | $257855.81    | 0.04%             | 2032-12-15      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                         | AES Corp/The                                                                     | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     71000 | PA      | $70426.19     | 0.01%             | 2055-01-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| AHP Health Partners, Inc.                            | AHP Health Partners Inc 2025 Term Loan B                                         | CUSIP: 00130MAL8<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | LON              | CORP              | US        |    198348 | PA      | $198398.01    | 0.03%             | 2032-09-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| AI AQUA MERGER SUB INC                               | AI Aqua Merger Sub Inc 2026 Term Loan B                                          | CUSIP: 00132UAQ7<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |   1949745 | PA      | $1943953.83   | 0.31%             | 2028-07-31      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                                     | AHP Health Partners Inc                                                          | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    256000 | PA      | $253164.44    | 0.04%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Learfield Communications, LLC                        | Learfield Communications LLC 2024 Term Loan B                                    | CUSIP: 00165HAL7<br>LEI: 549300177GK4LMS8T214 | Long             | LON              | CORP              | US        |    539079 | PA      | $539305.77    | 0.09%             | 2028-06-30      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                     | APi Group DE Inc                                                                 | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30972.28     | 0.01%             | 2029-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| APi Group DE Inc                                     | APi Group DE Inc 2025 Term Loan                                                  | CUSIP: 00186XAN3<br>LEI: 549300XP4G7B4QYA0G83 | Long             | LON              | CORP              | US        |   2642271 | PA      | $2638360.62   | 0.43%             | 2029-01-03      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                     | APi Group DE Inc                                                                 | CUSIP: 001877AA7<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     67000 | PA      | $63802.85     | 0.01%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN                               | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $56969.01     | 0.01%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ATS CORP                                             | ATS Corp                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $33730.32     | 0.01%             | 2028-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                   | APLD ComputeCo LLC                                                               | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103032.20    | 0.02%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Trident TPI Holdings Inc                             | Trident TPI Holdings Inc 2024 Term Loan B7                                       | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    860729 | PA      | $813793.40    | 0.13%             | 2028-09-15      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| AZZ Inc                                              | AZZ Inc Term Loan B                                                              | CUSIP: 00247NAG7<br>LEI: 549300HD1X2NFLWPYC83 | Long             | LON              | CORP              | US        |     86345 | PA      | $86434.53     | 0.01%             | 2029-05-13      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                                | AAR Escrow Issuer LLC                                                            | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $81424.16     | 0.01%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                             | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     11500 | PA      | $11437.10     | 0.00%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                             | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102382.44    | 0.02%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| The Action Environmental Group Inc                   | The Action Environmental Group Inc 2023 Term Loan B                              | CUSIP: 00507JAF3<br>LEI: 549300BB30QUQC86W666 | Long             | LON              | CORP              | US        |    798701 | PA      | $794707.86    | 0.13%             | 2030-10-24      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                                          | Acushnet Co                                                                      | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38698.21     | 0.01%             | 2033-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ADELPHIA COMMUNICATIONS CORP                         | ADELPHIA COMMUNICATIONS CORP                                                     | CUSIP: 006ESCAR8<br>LEI: 2138003CXB8DBPZ4VU56 | Long             | DBT              | CORP              | US        |    400000 | PA      | $0.04         | 0.00%             | 2049-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ADVANCE AUTO PARTS                                   | Advance Auto Parts Inc                                                           | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53691.48     | 0.01%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AECOM                                                | AECOM                                                                            | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |    277000 | PA      | $276695.66    | 0.04%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                             | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    184000 | PA      | $185598.59    | 0.03%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                   | Osaic Holdings Inc                                                               | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120014.99    | 0.02%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                   | Osaic Holdings Inc                                                               | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192504.44    | 0.03%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                              | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $96995.75     | 0.02%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Aimbridge Acquisition Co Inc                         | Aimbridge Acquisition Co Inc 2025 First Out Term Loan                            | CUSIP: 00900YAG1<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |    203341 | PA      | $199375.90    | 0.03%             | 2030-03-11      | Floating      | 9.29%                 | No            |                  2 | On Loan: No      |
| Aimbridge Acquisition Co Inc                         | Aimbridge Acquisition Co Inc 2025 1st Lien Second Out Term Loan                  | CUSIP: 00900YAH9<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |    191977 | PA      | $187417.28    | 0.03%             | 2030-03-11      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                               | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAB4<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    228000 | PA      | $229528.74    | 0.04%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                               | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAC2<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59320.32     | 0.01%             | 2031-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                               | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    211000 | PA      | $206431.07    | 0.03%             | 2034-03-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC                                   | Albertsons Cos Inc                                                               | CUSIP: 01309QAE8<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52179.35     | 0.01%             | 2032-03-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                             | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $204407.40    | 0.03%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Albion Financing 3 SARL                              | Albion Financing 3 SARL 2025 USD Term Loan                                       | CUSIP: 01330EAD0<br>LEI: 213800VFJ5CIN2NUQ821 | Long             | LON              | CORP              | US        |   2147400 | PA      | $2144049.88   | 0.35%             | 2031-05-21      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| AlixPartners LLP                                     | AlixPartners LLP 2025 USD Term Loan                                              | CUSIP: 01642PBE5<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |    905368 | PA      | $895934.03    | 0.15%             | 2032-08-12      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92982.01     | 0.02%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31573.18     | 0.01%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     88000 | PA      | $86942.22     | 0.01%             | 2031-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    103000 | PA      | $106807.81    | 0.02%             | 2030-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                   | Alliant Holdings Intermediate LLC 2025 Term Loan B                               | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   6716523 | PA      | $6658492.59   | 1.08%             | 2031-09-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    344000 | PA      | $343737.87    | 0.06%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $269515.68    | 0.04%             | 2027-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    373000 | PA      | $360888.39    | 0.06%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     37000 | PA      | $37201.65     | 0.01%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $418532.51    | 0.07%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $17675.06     | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    894000 | PA      | $885463.37    | 0.14%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                     | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $579766.08    | 0.09%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                              | Allied Universal Holdco LLC                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   1191000 | PA      | $1228177.07   | 0.20%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                     | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    537000 | PA      | $544347.23    | 0.09%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                              | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $195403.09    | 0.03%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                          | Allied Universal Holdco LLC 2025 USD Term Loan B                                 | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   4382235 | PA      | $4379824.41   | 0.71%             | 2032-08-20      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                             | Allison Transmission Inc                                                         | CUSIP: 019736AH0<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    111000 | PA      | $110319.50    | 0.02%             | 2033-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                             | Allison Transmission Inc 2025 Incremental Term Loan B                            | CUSIP: 01973KAJ5<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | LON              | CORP              | US        |   1029000 | PA      | $1031572.50   | 0.17%             | 2033-01-02      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                 | Alpha Generation LLC                                                             | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     69000 | PA      | $70009.66     | 0.01%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                     | Altice France SA                                                                 | CUSIP: 02090DAB4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     20438 | PA      | $19550.96     | 0.00%             | 2030-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                     | Altice France SA                                                                 | CUSIP: 02090DAC2<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     29197 | PA      | $27689.33     | 0.00%             | 2031-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                     | Altice France SA                                                                 | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    492044 | PA      | $466203.81    | 0.08%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                     | Altice France SA                                                                 | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    230793 | PA      | $218682.94    | 0.04%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALTAGAS LTD                                          | AltaGas Ltd                                                                      | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |     52000 | PA      | $52726.80     | 0.01%             | 2054-10-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Amentum Government Services Holdings LLC             | Amentum Government Services Holdings LLC 2024 Term Loan B                        | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |   1247355 | PA      | $1246319.28   | 0.20%             | 2031-09-29      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                 | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21731.01     | 0.00%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc                                | American Airlines Inc 2017 1st Lien Term Loan                                    | CUSIP: 02376CAX3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    141233 | PA      | $140173.85    | 0.02%             | 2027-01-29      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc                                | American Airlines Inc 2023 1st Lien Term Loan                                    | CUSIP: 02376CBM6<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |   1249619 | PA      | $1209943.39   | 0.20%             | 2029-06-04      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                              | American Airlines Inc 2025 Term Loan                                             | CUSIP: 02376CBS3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |    809742 | PA      | $801012.90    | 0.13%             | 2028-04-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                              | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     48000 | PA      | $47507.66     | 0.01%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                              | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48674.90     | 0.01%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| American Builders & Contractors Supply Co Inc        | American Builders & Contractors Supply Co Inc 2024 Term Loan B                   | CUSIP: 02474RAJ2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | LON              | CORP              | US        |   1426048 | PA      | $1424707.53   | 0.23%             | 2031-01-31      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMED                             | AmeriTex HoldCo Intermediate LLC                                                 | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $72257.29     | 0.01%             | 2033-08-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                               | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $40257.85     | 0.01%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AMKOR TECHNOLOGY INC                                 | Amkor Technology Inc                                                             | CUSIP: 031652BL3<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24897.72     | 0.00%             | 2033-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                           | Amneal Pharmaceuticals LLC 2026 Term Loan                                        | CUSIP: 03167DAS3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |   2014876 | PA      | $2019913.59   | 0.33%             | 2032-08-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS L                             | Amneal Pharmaceuticals LLC                                                       | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |     56000 | PA      | $57649.09     | 0.01%             | 2032-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                     | AmWINS Group Inc                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     88000 | PA      | $84300.77     | 0.01%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                     | AmWINS Group Inc                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24138.98     | 0.00%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                    | Amsted Industries Inc                                                            | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150742.50    | 0.02%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                     | AmWINS Group Inc 2026 Term Loan B                                                | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |   2563550 | PA      | $2543861.94   | 0.41%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY/WARRANTY                               | Amynta Agency Borrower Inc and Amynta Warranty Borrower Inc                      | CUSIP: 03238AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    198000 | PA      | $187770.81    | 0.03%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                             | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $65788.38     | 0.01%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ANTICIMEX INTERNATIONAL AB                           | Anticimex International AB 2025 USD Term Loan                                    | CUSIP: 03703HAD8<br>LEI: 54930005SBU6WYFBEB41 | Long             | LON              | CORP              | SE        |    606813 | PA      | $606940.07    | 0.10%             | 2031-11-17      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                | Prime Security Services Borrower LLC 2024 1st Lien Term Loan B                   | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    776534 | PA      | $772371.67    | 0.13%             | 2030-10-13      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                | Prime Security Services Borrower LLC 2025 Incremental Term Loan B                | CUSIP: 03765VAQ3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |   2287981 | PA      | $2252586.27   | 0.36%             | 2032-03-07      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT                             | Apollo Global Management Inc                                                     | CUSIP: 03769MAD8<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |     84000 | PA      | $78758.37     | 0.01%             | 2054-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                             | Apollo Debt Solutions BDC                                                        | CUSIP: 03770DAD5<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22256.92     | 0.00%             | 2031-07-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                             | Apollo Debt Solutions BDC                                                        | CUSIP: 03770DAF0<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |     36000 | PA      | $36138.07     | 0.01%             | 2032-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                             | Apollo Debt Solutions BDC                                                        | CUSIP: 03770DAK9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50197.65     | 0.01%             | 2030-08-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                 | APLD ComputeCo 2 LLC                                                             | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $291859.42    | 0.05%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                  | Applied Systems Inc 2024 1st Lien Term Loan                                      | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   3384559 | PA      | $3314972.76   | 0.54%             | 2031-02-24      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Ascensus Group Holdings Inc.                         | Ascensus Group Holdings Inc 2024 Term Loan B                                     | CUSIP: 03836BAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1275000 | PA      | $1253082.79   | 0.20%             | 2032-11-25      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                 | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40758.03     | 0.01%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                 | Aramark Services Inc 2025 Term Loan                                              | CUSIP: 03852JBC4<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    931169 | PA      | $931169.41    | 0.15%             | 2030-06-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES/PARTNE                             | Archrock Services LP / Archrock Partners Finance Corp                            | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $110887.06    | 0.02%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                             | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $18000.00     | 0.00%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                             | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    333000 | PA      | $339545.12    | 0.05%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Arcline FM Holdings LLC                              | Arcline FM Holdings LLC 2025 1st Lien Term Loan                                  | CUSIP: 03960DAJ2<br>LEI: 2549000HKCEC1E8UTO17 | Long             | LON              | CORP              | US        |    850003 | PA      | $850240.52    | 0.14%             | 2030-06-23      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                           | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93579.80     | 0.02%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                           | Arcosa Inc                                                                       | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128080.38    | 0.02%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARDAGH GROUP SA                                      | Ardagh Group SA                                                                  | CUSIP: 03969UAA4<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $168070.00    | 0.03%             | 2030-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                               | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    485000 | PA      | $444115.18    | 0.07%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                               | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $198282.58    | 0.03%             | 2031-01-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HERITAGE ENVIRONMENTAL SER INC                       | HERITAGE ENVIRONMENTAL SER INC 2026 TERM LOAN B                                  | CUSIP: 03970GAC8<br>LEI: 549300E3IIHNPMXFHC03 | Long             | LON              | CORP              | US        |    410000 | PA      | $410000.00    | 0.07%             | 2033-04-01      | Floating      | 6.67%                 | No            |                  3 | On Loan: No      |
| ARDONAGH FINCO LTD                                   | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    600000 | PA      | $607030.20    | 0.10%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE                               | Ardonagh Group Finance Ltd                                                       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    800000 | PA      | $783809.98    | 0.13%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ARDAGH GROUP SA                                      | Ardagh Group SA                                                                  | CUSIP: 039959AA9<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    173300 | PA      | $181715.27    | 0.03%             | 2030-12-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                     | Aretec Group Inc 2025 Repriced Term Loan                                         | CUSIP: 04009DAJ3<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |    848455 | PA      | $836966.95    | 0.14%             | 2030-08-09      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                             | Ares Strategic Income Fund                                                       | CUSIP: 04020EAK3<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58343.25     | 0.01%             | 2030-09-09      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                               | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAB6<br>LEI: 254900G9F9HA5EP57J39 | Long             | DBT              | CORP              | US        |     46000 | PA      | $47893.68     | 0.01%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                               | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAC4<br>LEI: 254900G9F9HA5EP57J39 | Long             | DBT              | CORP              | US        |    561000 | PA      | $606161.62    | 0.10%             | 2031-10-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                              | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38297.99     | 0.01%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                              | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23675.30     | 0.00%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                             | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAK9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | CORP              | US        |     38000 | PA      | $44364.62     | 0.01%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                             | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | CORP              | US        |     89000 | PA      | $88917.59     | 0.01%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                             | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VBA0<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54927.29     | 0.01%             | 2033-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                             | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $30230.97     | 0.00%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                             | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $42693.97     | 0.01%             | 2030-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                             | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $88755.68     | 0.01%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Asplundh Tree Expert LLC                             | Asplundh Tree Expert LLC 2021 Term Loan B                                        | CUSIP: 04538FAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1808807 | PA      | $1809566.41   | 0.29%             | 2027-09-07      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO                               | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    394000 | PA      | $408754.51    | 0.07%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO                               | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    309000 | PA      | $299996.49    | 0.05%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2021 Second Lien Term Loan B4                                        | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    374075 | PA      | $371269.21    | 0.06%             | 2029-01-20      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2023 Term Loan B11                                                   | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    131327 | PA      | $131139.12    | 0.02%             | 2028-08-19      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2024 Term Loan B12                                                   | CUSIP: 04649VBD1<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    828143 | PA      | $818677.17    | 0.13%             | 2030-09-19      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2025 Term Loan B13                                                   | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1682207 | PA      | $1660826.19   | 0.27%             | 2030-09-19      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                          | Asurion LLC 2026 Term Loan B14                                                   | CUSIP: 04649VBF6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    740000 | PA      | $714566.20    | 0.12%             | 2033-02-23      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Athenahealth Group Inc                               | Athenahealth Group Inc 2022 Term Loan B                                          | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   2649413 | PA      | $2596424.40   | 0.42%             | 2029-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                            | Atlas CC Acquisition Corp 2025 Second Out Term Loan B                            | CUSIP: 04921TAR5<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |   3002296 | PA      | $596285.95    | 0.10%             | 2029-05-25      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                            | Atlas CC Acquisition Corp 2025 Second Out Term Loan C                            | CUSIP: 04921TAS3<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |    435736 | PA      | $86541.52     | 0.01%             | 2029-05-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                              | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $195284.48    | 0.03%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Avalara Inc                                          | Avalara Inc 2025 Term Loan                                                       | CUSIP: 05338KAD9<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |   1117638 | PA      | $1090691.32   | 0.18%             | 2032-03-26      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                          | Avient Corp                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37258.41     | 0.01%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                  | Axon Enterprise Inc                                                              | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     81000 | PA      | $82680.43     | 0.01%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                       | Azorra Finance Ltd                                                               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    202000 | PA      | $208205.44    | 0.03%             | 2030-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                       | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |     36000 | PA      | $36348.84     | 0.01%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                       | Azorra Finance Ltd                                                               | CUSIP: 05480AAC9<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |     43000 | PA      | $39965.63     | 0.01%             | 2034-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                        | B&G Foods Inc                                                                    | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21663.54     | 0.00%             | 2028-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BCPE EMPIRE HOLDINGS INC                             | BCPE EMPIRE HOLDINGS INC 2026 10TH AMENDMENT TERM LOAN                           | CUSIP: 05550HAT2<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |   2432000 | PA      | $2390972.16   | 0.39%             | 2032-12-29      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| BIP PipeCo Holdings LLC                              | BIP PipeCo Holdings LLC Term Loan B                                              | CUSIP: 05554DAB6<br>LEI: 254900VCXW4EPI0VC343 | Long             | LON              | CORP              | US        |    432852 | PA      | $433033.70    | 0.07%             | 2030-12-06      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BCPE Pequod Buyer Inc                                | BCPE Pequod Buyer Inc USD Term Loan B                                            | CUSIP: 05624AAB8<br>LEI: 254900HEEOS2IWC84V94 | Long             | LON              | CORP              | US        |   1433368 | PA      | $1388574.86   | 0.22%             | 2031-11-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY F                             | Bain Capital Specialty Finance Inc                                               | CUSIP: 05684BAD9<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14522.29     | 0.00%             | 2030-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Baldwin Insurance Group Holdings LLC                 | Baldwin Insurance Group Holdings LLC 2025 Term Loan B2                           | CUSIP: 05825HAH7<br>LEI: 5493004GCDREAQPPYG20 | Long             | LON              | CORP              | US        |    950251 | PA      | $932832.99    | 0.15%             | 2031-05-26      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                            | Ball Corp                                                                        | CUSIP: 058498BA3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44025.26     | 0.01%             | 2033-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc                             | Boxer Parent Company Inc 2025 USD Term Loan B                                    | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   3010950 | PA      | $2784195.14   | 0.45%             | 2031-07-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                 | Bank of America Corp                                                             | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    302000 | PA      | $309623.99    | 0.05%             | 2030-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                 | Bank of America Corp                                                             | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     92000 | PA      | $92554.12     | 0.01%             | 2030-07-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                         | Barclays PLC                                                                     | CUSIP: 06738EBT1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $189641.18    | 0.03%             | 2028-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                         | Barclays PLC                                                                     | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $218151.00    | 0.04%             | 2029-12-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Barracuda Networks Inc                               | Barracuda Networks Inc 2022 Term Loan                                            | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |    987321 | PA      | $624480.48    | 0.10%             | 2029-08-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                   | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    533000 | PA      | $550322.50    | 0.09%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     48000 | PA      | $43954.08     | 0.01%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    277000 | PA      | $282550.67    | 0.05%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                          | Beach Acquisition Bidco LLC USD Term Loan B                                      | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |    639398 | PA      | $640196.75    | 0.10%             | 2032-09-12      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                              | Beach Acquisition Bidco LLC                                                      | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    251917 | PA      | $268295.97    | 0.04%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| QXO INC                                              | QXO Inc 2025 Term Loan B                                                         | CUSIP: 07368RAM3<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    969711 | PA      | $966734.10    | 0.16%             | 2032-04-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                     | Beazer Homes USA Inc                                                             | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13932.23     | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                 | Beignet Investor LLC                                                             | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6664000 | PA      | $6851632.58   | 1.11%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                                | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201263.00    | 0.03%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BELRON FINANCE 2019 LLC                              | Belron Finance 2019 LLC 2026 Repriced Term Loan B                                | CUSIP: 08078UAQ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3121740 | PA      | $3118617.80   | 0.51%             | 2031-10-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| BIG RIVER STEEL/BRS FIN                              | Big River Steel LLC / BRS Finance Corp                                           | CUSIP: 08949LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    296000 | PA      | $295315.00    | 0.05%             | 2029-01-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL                              | BioMarin Pharmaceutical Inc                                                      | CUSIP: 09061GAL5<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196911.30    | 0.03%             | 2034-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                              | Black Pearl Compute LLC                                                          | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    309000 | PA      | $314499.27    | 0.05%             | 2031-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Blackfin Pipeline LLC                                | Blackfin Pipeline LLC Term Loan B                                                | CUSIP: 09231PAB2<br>LEI: 254900F4BUS186SK8A51 | Long             | LON              | CORP              | US        |    469822 | PA      | $471729.98    | 0.08%             | 2032-09-29      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                               | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    124000 | PA      | $121875.31    | 0.02%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bleriot US Bidco Inc                                 | Bleriot US Bidco Inc 2023 Term Loan B                                            | CUSIP: 09353TAJ9<br>LEI: 254900ALCQ2A2VYD5Z08 | Long             | LON              | CORP              | US        |   1205533 | PA      | $1206388.70   | 0.20%             | 2030-10-31      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| BLOCK COMMUNICATIONS INC                             | Block Communications Inc                                                         | CUSIP: 093645AK5<br>LEI: M5G68A9OHJWIL4SFC742 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27448.23     | 0.00%             | 2031-03-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                             | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $122935.33    | 0.02%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                             | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $46745.24     | 0.01%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                       | Bombardier Inc                                                                   | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     44000 | PA      | $46795.85     | 0.01%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                       | Bombardier Inc                                                                   | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $57635.44     | 0.01%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                       | Bombardier Inc                                                                   | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     62000 | PA      | $64346.20     | 0.01%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                       | Bombardier Inc                                                                   | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    376000 | PA      | $388298.21    | 0.06%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Recreational Products Inc                 | Bombardier Recreational Products Inc 2024 Term Loan B4                           | CUSIP: 000000000<br>LEI: 549300DZZJW11IMTMJ24 | Long             | LON              | CORP              | CA        |    553220 | PA      | $553131.48    | 0.09%             | 2031-01-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Boots Group Bidco Ltd                                | Boots Group Bidco Ltd USD Term Loan                                              | CUSIP: 09947PAB7<br>LEI: 254900YVLYOVF1PF1N93 | Long             | LON              | CORP              | US        |   1154108 | PA      | $1156992.77   | 0.19%             | 2032-08-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BOYNE USA INC                                        | Boyne USA Inc                                                                    | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $142589.46    | 0.02%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICE                             | Brand Industrial Services Inc                                                    | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    586000 | PA      | $535552.90    | 0.09%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Brand Industrial Services Inc                        | Brand Industrial Services Inc 2024 Term Loan B                                   | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |   2238957 | PA      | $1916166.24   | 0.31%             | 2030-08-01      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Bright Horizons Family Solutions LLC                 | Bright Horizons Family Solutions LLC 2025 Term Loan B                            | CUSIP: 10919RAR0<br>LEI: 254900BHOU40CFNXWQ75 | Long             | LON              | CORP              | US        |   1139422 | PA      | $1136573.05   | 0.18%             | 2032-08-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                       | Brink's Co/The                                                                   | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39603.76     | 0.01%             | 2029-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                       | Brink's Co/The                                                                   | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    159000 | PA      | $160942.34    | 0.03%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                               | Brookfield Finance Inc                                                           | CUSIP: 11271LAN2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $119729.63    | 0.02%             | 2055-01-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                             | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     56000 | PA      | $51415.39     | 0.01%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                             | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    228000 | PA      | $216325.40    | 0.04%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                             | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |     97000 | PA      | $95144.69     | 0.02%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Brown Group Holding LLC                              | Brown Group Holding LLC Term Loan B                                              | CUSIP: 11565HAB2<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |   1218829 | PA      | $1219596.58   | 0.20%             | 2031-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                              | Bryant Park Funding 2024-23 Ltd                                                  | CUSIP: 11765CAL9<br>LEI: 391200W7QGMU3U2OCV81 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $997233.60    | 0.16%             | 2037-05-15      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                  | Buckeye Partners LP                                                              | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14481.64     | 0.00%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                  | Buckeye Partners LP                                                              | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |      1000 | PA      | $876.77       | 0.00%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                  | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4116.92      | 0.00%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                  | Buckeye Partners LP                                                              | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23736.25     | 0.00%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                  | Buckeye Partners LP 2025 Term Loan B7                                            | CUSIP: 11823LAR6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | LON              | CORP              | US        |    477505 | PA      | $478846.91    | 0.08%             | 2032-11-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                             | Builders FirstSource Inc                                                         | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37514.24     | 0.01%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                             | Builders FirstSource Inc                                                         | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    161000 | PA      | $160845.73    | 0.03%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    376000 | PA      | $370831.02    | 0.06%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $275173.51    | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $20558.53     | 0.00%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $241535.47    | 0.04%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    158000 | PA      | $137558.51    | 0.02%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $8039.43      | 0.00%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    278000 | PA      | $237827.22    | 0.04%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $153708.39    | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    159000 | PA      | $159487.97    | 0.03%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $119327.76    | 0.02%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    359000 | PA      | $357508.95    | 0.06%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CCRR Parent Inc                                      | CCRR Parent Inc Term Loan B                                                      | CUSIP: 12510MAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    685839 | PA      | $187460.41    | 0.03%             | 2028-03-06      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| CCC Intelligent Solutions Inc                        | CCC Intelligent Solutions Inc Term Loan                                          | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |   1721729 | PA      | $1706663.50   | 0.28%             | 2032-01-23      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                  | Churchill Downs Inc                                                              | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    308000 | PA      | $304600.48    | 0.05%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services Inc                          | CHG Healthcare Services Inc 2025 Term Loan B1                                    | CUSIP: 12541HAX1<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |    869509 | PA      | $869778.69    | 0.14%             | 2028-09-29      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    111000 | PA      | $102333.54    | 0.02%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    310000 | PA      | $292169.53    | 0.05%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    117000 | PA      | $125524.74    | 0.02%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    629000 | PA      | $652819.05    | 0.11%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                                | CMG Media Corp                                                                   | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $54474.08     | 0.01%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CPI HOLDCO B LLC                                     | CPI Holdco B LLC 2025 Add-on Term Loan B                                         | CUSIP: 1261MAAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3680372 | PA      | $3652364.50   | 0.59%             | 2031-05-19      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173478.82    | 0.03%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $147910.24    | 0.02%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    400000 | PA      | $326857.60    | 0.05%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                   | CNX Resources Corp                                                               | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29883.22     | 0.00%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                   | CNX Resources Corp                                                               | CUSIP: 12653CAM0<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    109000 | PA      | $106152.55    | 0.02%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                                | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $30423.73     | 0.00%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp                                  | CNT Holdings I Corp 2025 Term Loan                                               | CUSIP: 12656AAF6<br>LEI: 254900SYIEHMSB69WT08 | Long             | LON              | CORP              | US        |   1314753 | PA      | $1313241.43   | 0.21%             | 2032-11-08      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                             | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $243810.65    | 0.04%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CP Atlas Buyer, Inc.                                 | CP Atlas Buyer Inc 2025 Term Loan                                                | CUSIP: 12658HAL6<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | LON              | CORP              | US        |   1169125 | PA      | $1071701.81   | 0.17%             | 2030-07-08      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                       | CVR Energy Inc                                                                   | CUSIP: 12662PAH1<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47350.95     | 0.01%             | 2031-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                       | CVR Energy Inc                                                                   | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30105.14     | 0.00%             | 2034-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                        | Cable One Inc                                                                    | CUSIP: 12685JAG0<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    111000 | PA      | $83472.00     | 0.01%             | 2028-03-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                               | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    188000 | PA      | $191370.09    | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                            | Caesars Entertainment Inc Term Loan B                                            | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   1066110 | PA      | $1034126.70   | 0.17%             | 2030-02-06      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                            | Caesars Entertainment Inc 2024 Term Loan B1                                      | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   2857295 | PA      | $2768004.43   | 0.45%             | 2031-02-06      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     99000 | PA      | $95227.61     | 0.02%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    342000 | PA      | $346223.70    | 0.06%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    218000 | PA      | $215462.07    | 0.03%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CRP                             | California Resources Corp                                                        | CUSIP: 13057QAL1<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47383.61     | 0.01%             | 2034-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Calpine Construction Finance Company, L.P.           | Calpine Construction Finance Company LP 2025 Repriced Term Loan B                | CUSIP: 13134NAK7<br>LEI: V0Q3DOB0FIB2XI1KWU77 | Long             | LON              | CORP              | US        |   2187447 | PA      | $2187097.05   | 0.35%             | 2030-07-31      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Cvent, Inc.                                          | Cvent Inc 2025 Term Loan B                                                       | CUSIP: 14071CAE8<br>LEI: 254900YSP2BAI3YKIX08 | Long             | LON              | CORP              | US        |    639505 | PA      | $606890.52    | 0.10%             | 2030-06-17      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| CAPSTONE BORROWER INC                                | Capstone Borrower Inc                                                            | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    112000 | PA      | $107013.75    | 0.02%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    384000 | PA      | $387849.60    | 0.06%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     66000 | PA      | $66811.21     | 0.01%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     45000 | PA      | $44985.37     | 0.01%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                 | Carpenter Technology Corp                                                        | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103042.05    | 0.02%             | 2034-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                           | Carvana Co                                                                       | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    601981 | PA      | $650924.46    | 0.11%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                           | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    170169 | PA      | $177018.81    | 0.03%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corporation                  | Six Flags Entertainment Corporation 2024 Term Loan B                             | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |    297698 | PA      | $292859.92    | 0.05%             | 2031-05-01      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     47000 | PA      | $48220.26     | 0.01%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10267.94     | 0.00%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    108000 | PA      | $110648.59    | 0.02%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                               | CenterPoint Energy Inc                                                           | CUSIP: 15189TBJ5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19907.50     | 0.00%             | 2055-02-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                              | Central Garden & Pet Co                                                          | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24461.31     | 0.00%             | 2030-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Central Parent Inc                                   | Central Parent Inc 2024 Term Loan B                                              | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2319685 | PA      | $1647185.39   | 0.27%             | 2029-07-06      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                             | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $36705.36     | 0.01%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNT PRNT/CDK GLO II/FIN                              | Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc                    | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    197000 | PA      | $146407.06    | 0.02%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                                  | Century Communities Inc                                                          | CUSIP: 156504AN2<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     83000 | PA      | $81310.60     | 0.01%             | 2033-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Chamberlain Group Inc                                | Chamberlain Group Inc 2025 Term Loan B                                           | CUSIP: 15963CAE6<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   2931941 | PA      | $2901565.71   | 0.47%             | 2032-09-08      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                 | Chart Industries Inc 2024 Term Loan B                                            | CUSIP: 16115EAT4<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |    472224 | PA      | $471189.74    | 0.08%             | 2030-03-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                 | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    182000 | PA      | $189081.07    | 0.03%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                 | Charter Communications Operating LLC 2023 Term Loan B4                           | CUSIP: 16117LCB3<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |   1224683 | PA      | $1222956.35   | 0.20%             | 2030-12-07      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC                | Charter Communications Operating LLC 2024 Term Loan B5                           | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    854727 | PA      | $854247.98    | 0.14%             | 2031-12-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Charter NEX US Inc                                   | Charter NEX US Inc 2025 Repriced Term Loan B                                     | CUSIP: 16125TAP7<br>LEI: 549300KRNU8RNVGYXG75 | Long             | LON              | CORP              | US        |   3399942 | PA      | $3375870.73   | 0.55%             | 2030-11-29      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Chemours Company (The)                               | Chemours Company (The) 2025 USD Term Loan B                                      | CUSIP: 16384YAM9<br>LEI: 549300M1BOLNXL8DOV14 | Long             | LON              | CORP              | US        |   2333768 | PA      | $2313347.96   | 0.37%             | 2032-10-15      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                          | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    288000 | PA      | $285155.86    | 0.05%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                          | Chemours Co/The                                                                  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    141000 | PA      | $132223.48    | 0.02%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                          | Chemours Co/The                                                                  | CUSIP: 163851AL2<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74978.20     | 0.01%             | 2034-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CHICAGO US MIDCO III LP                              | Chicago US Midco III LP Term Loan                                                | CUSIP: 16825PAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1729060 | PA      | $1709071.83   | 0.28%             | 2032-11-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CHOBANI HOLDCO II LLC                                | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    396810 | PA      | $422164.57    | 0.07%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Chobani, LLC                                         | Chobani LLC 2025 Term Loan B                                                     | CUSIP: 17026YAL3<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |   4143615 | PA      | $4141874.68   | 0.67%             | 2032-10-28      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                             | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    258000 | PA      | $253620.76    | 0.04%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                             | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    241000 | PA      | $246267.54    | 0.04%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Chromalloy Corporation                               | Chromalloy Corporation 2024 Term Loan B                                          | CUSIP: 17110EAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    480000 | PA      | $479774.40    | 0.08%             | 2031-03-27      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                  | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46366.36     | 0.01%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                  | Churchill Downs Inc                                                              | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    188000 | PA      | $191534.59    | 0.03%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ciena Corporation                                    | Ciena Corporation 2025 Repriced Term Loan B                                      | CUSIP: 17178HAR3<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | LON              | CORP              | US        |   1226965 | PA      | $1226450.07   | 0.20%             | 2030-10-24      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                     | Cinemark USA Inc                                                                 | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19522.25     | 0.00%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CIPHER COMPUTE LLC                                   | Cipher Compute LLC                                                               | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    299000 | PA      | $309772.67    | 0.05%             | 2030-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Citadel Securities LP                                | Citadel Securities LP 2024 First Lien Term Loan                                  | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |   1981536 | PA      | $1982645.61   | 0.32%             | 2031-10-31      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    117000 | PA      | $118150.34    | 0.02%             | 2029-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46313.19     | 0.01%             | 2034-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99954.96     | 0.02%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90067.52     | 0.01%             | 2031-02-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                 | CITGO Petroleum Corp                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134248.92    | 0.02%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40297.04     | 0.01%             | 2030-02-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60423.48     | 0.01%             | 2030-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citrin Cooperman Advisors LLC                        | Citrin Cooperman Advisors LLC 2025 Term Loan B                                   | CUSIP: 17737EAC7<br>LEI: 254900DPG9ZEAP5MK895 | Long             | LON              | CORP              | US        |   1414960 | PA      | $1356593.13   | 0.22%             | 2032-04-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| CITY FOOTBALL GROUP LIMITED                          | City Football Group Limited 2024 Term Loan                                       | CUSIP: 17781XAD8<br>LEI: 213800K6VVWALRH9UJ69 | Long             | LON              | CORP              | GB        |   1183408 | PA      | $1178970.03   | 0.19%             | 2030-07-22      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     48000 | PA      | $50174.02     | 0.01%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     85000 | PA      | $85827.14     | 0.01%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    280000 | PA      | $286300.00    | 0.05%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    420000 | PA      | $423360.00    | 0.07%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                  | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124000 | PA      | $117020.92    | 0.02%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                  | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    291000 | PA      | $252496.66    | 0.04%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                    | Clean Harbors Inc                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7109.03      | 0.00%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Clean Harbors Inc                                    | Clean Harbors Inc 2025 Term Loan                                                 | CUSIP: 18449EAJ9<br>LEI: 5493000SJVZVZJKHJF48 | Long             | LON              | CORP              | US        |    546630 | PA      | $549909.78    | 0.09%             | 2032-10-08      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc                   | Clear Channel Outdoor Holdings Inc 2024 Term Loan                                | CUSIP: 18452RAF2<br>LEI: 254900XBEE6V1ENYS150 | Long             | LON              | CORP              | US        |    643429 | PA      | $644233.24    | 0.10%             | 2028-08-23      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    188000 | PA      | $188892.06    | 0.03%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    303000 | PA      | $304278.66    | 0.05%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    505000 | PA      | $528484.02    | 0.09%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    243000 | PA      | $254589.95    | 0.04%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    513000 | PA      | $543265.97    | 0.09%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Clearwater Analytics LLC                             | Clearwater Analytics LLC 2025 Term Loan B                                        | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |    956195 | PA      | $954999.76    | 0.15%             | 2032-04-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7893.25      | 0.00%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    184000 | PA      | $167727.59    | 0.03%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    165000 | PA      | $164985.25    | 0.03%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1382000 | PA      | $1333178.92   | 0.22%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                                | Clover Holdings 2 LLC Term Loan B                                                | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2304436 | PA      | $2203616.55   | 0.36%             | 2031-12-09      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                                | Clover Holdings 2 LLC Fixed Term Loan B                                          | CUSIP: 18914DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1303761 | PA      | $1227165.05   | 0.20%             | 2031-12-09      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33390.15     | 0.01%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     64000 | PA      | $62206.25     | 0.01%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    280000 | PA      | $264920.21    | 0.04%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                  | Clydesdale Acquisition Holdings Inc Term Loan B                                  | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    190000 | PA      | $180823.00    | 0.03%             | 2029-04-13      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                  | Clydesdale Acquisition Holdings Inc 2025 Term Loan B                             | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   1797083 | PA      | $1673982.80   | 0.27%             | 2032-04-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Cogeco Communications Finance (USA) LP               | Cogeco Communications Finance (USA) LP 2023 Incremental Term Loan B              | CUSIP: 19239BAE8<br>LEI: 5493002JZGWJIUQ60C59 | Long             | LON              | CORP              | US        |    209450 | PA      | $199239.10    | 0.03%             | 2028-09-01      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Colossus Acquireco LLC                               | Colossus Acquireco LLC Term Loan B                                               | CUSIP: 19682LAB4<br>LEI: 2549009FT92RXWA46910 | Long             | LON              | CORP              | US        |   2550491 | PA      | $2539728.05   | 0.41%             | 2032-07-30      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| COLUMBUS MCKINNON CORP                               | Columbus McKinnon Corp/NY                                                        | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |     76000 | PA      | $75965.04     | 0.01%             | 2033-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| COLUMBUS MCKINNON CORPORATION                        | Columbus McKinnon Corporation 2026 Term Loan B                                   | CUSIP: 19933MAS2<br>LEI: 549300W3HQB0HO1F3G69 | Long             | LON              | CORP              | US        |   1344846 | PA      | $1338121.83   | 0.22%             | 2033-02-03      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                 | Commercial Metals Co                                                             | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118738.38    | 0.02%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                 | Commercial Metals Co                                                             | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    123000 | PA      | $121259.00    | 0.02%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                             | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |     66908 | PA      | $62223.35     | 0.01%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMPOSECURE HOLDINGS LLC                             | CompoSecure Holdings LLC Term Loan                                               | CUSIP: 20459KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2038000 | PA      | $2029093.94   | 0.33%             | 2033-01-14      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| COMPOSECURE HOLDINGS LLC                             | CompoSecure Holdings LLC                                                         | CUSIP: 20459XAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    291000 | PA      | $284292.45    | 0.05%             | 2033-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                               | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    316000 | PA      | $311902.36    | 0.05%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                               | Comstock Resources Inc                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1935.14      | 0.00%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                               | Comstock Resources Inc                                                           | CUSIP: 205768AU8<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61265.35     | 0.01%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE                             | Concentra Health Services Inc                                                    | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |     86000 | PA      | $88912.30     | 0.01%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services Inc                        | Concentra Health Services Inc 2025 Repriced Term Loan B                          | CUSIP: 20602RAD2<br>LEI: 984500GB84105F75DE32 | Long             | LON              | CORP              | US        |    608008 | PA      | $609528.50    | 0.10%             | 2031-07-26      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                             | Connect Finco SARL / Connect US Finco LLC                                        | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $210108.00    | 0.03%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                             | Constellation Energy Generation LLC                                              | CUSIP: 210385AG5<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46431.49     | 0.01%             | 2029-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                             | Constellation Energy Generation LLC                                              | CUSIP: 210385AJ9<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19051.13     | 0.00%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                       | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $476882.10    | 0.08%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                       | Constellium SE                                                                   | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $252710.00    | 0.04%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Construction Partners Inc                            | Construction Partners Inc Term Loan B                                            | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |    535718 | PA      | $534882.03    | 0.09%             | 2031-11-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                             | ContourGlobal Power Holdings SA                                                  | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $202248.00    | 0.03%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COORSTEK INC                                         | CoorsTek Inc Term Loan B                                                         | CUSIP: 21702EAF3<br>LEI: GHWONX83GNDLWPBRQQ83 | Long             | LON              | CORP              | US        |    538650 | PA      | $540669.94    | 0.09%             | 2032-10-28      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CoreLogic Inc                                        | CoreLogic Inc Term Loan                                                          | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   1616341 | PA      | $1542603.13   | 0.25%             | 2028-06-02      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                        | CoreLogic Inc                                                                    | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |    513000 | PA      | $481593.52    | 0.08%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                             | Corebridge Financial Inc                                                         | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     59000 | PA      | $57987.11     | 0.01%             | 2054-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                        | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    113000 | PA      | $109797.51    | 0.02%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                                 | Cotiviti Corporation 2024 Term Loan                                              | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1990308 | PA      | $1829849.06   | 0.30%             | 2031-05-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                                 | Cotiviti Corporation 2024 Fixed Term Loan B                                      | CUSIP: 22164MAD9<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1037215 | PA      | $964609.95    | 0.16%             | 2031-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIARY LLC                             | Cougar JV Subsidiary LLC                                                         | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51702.70     | 0.01%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp                                 | Reworld Holding Corp Term Loan B                                                 | CUSIP: 22282GAM9<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |    775060 | PA      | $773765.66    | 0.13%             | 2028-11-30      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp                                 | Reworld Holding Corp 2025 1st Lien Term Loan B                                   | CUSIP: 22282GAR8<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |    364088 | PA      | $362951.55    | 0.06%             | 2031-01-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                 | Reworld Holding Corp 2025 Term Loan B1                                           | CUSIP: 22282GAS6<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |   1017354 | PA      | $1014444.15   | 0.16%             | 2031-01-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                 | Reworld Holding Corp 2025 1st Lien Term Loan C                                   | CUSIP: 22282GAT4<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |    165320 | PA      | $164847.16    | 0.03%             | 2031-01-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                 | Reworld Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     43000 | PA      | $40310.82     | 0.01%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Covia Holdings Corporation                           | Covia Holdings Corporation 2025 Repriced Term Loan B                             | CUSIP: 22305CAF6<br>LEI: 213800IE4YGTGVTQ1806 | Long             | LON              | CORP              | US        |   1346467 | PA      | $1341983.07   | 0.22%             | 2032-02-26      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency LLC                          | Creative Artists Agency LLC 2025 Repriced Term Loan B                            | CUSIP: 22526WAU2<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |   2537177 | PA      | $2532812.66   | 0.41%             | 2031-10-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                            | Crocs Inc                                                                        | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     57000 | PA      | $54709.49     | 0.01%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                            | Crocs Inc                                                                        | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11697.83     | 0.00%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER                                   | CrossCountry Intermediate HoldCo LLC                                             | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $21922.19     | 0.00%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER                                   | CrossCountry Intermediate HoldCo LLC                                             | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $21641.86     | 0.00%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                                   | Crown Americas LLC                                                               | CUSIP: 22819CAA6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    274000 | PA      | $273873.44    | 0.04%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Crown Finance US Inc                                 | Crown Finance US Inc 2025 Term Loan B                                            | CUSIP: 22834KAV3<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |   1122290 | PA      | $1109484.99   | 0.18%             | 2031-12-02      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                               | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAC7<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68852.88     | 0.01%             | 2031-09-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP/CYPRIUM HOL                             | Cyprium Corp / Cyprium Holdings Luxembourg Sarl                                  | CUSIP: 23292NAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     75000 | PA      | $73936.31     | 0.01%             | 2031-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC               | Cushman & Wakefield US Borrower LLC 2025 Term Loan B3                            | CUSIP: 23340DAW2<br>LEI: 549300870CMN3WI5IF97 | Long             | LON              | CORP              | US        |    492398 | PA      | $493628.49    | 0.08%             | 2030-01-31      | Floating      | 6.42%                 | No            |                  3 | On Loan: No      |
| Drake Software LLC                                   | Drake Software LLC 2024 Term Loan B                                              | CUSIP: 23344UAF7<br>LEI: 25490030X7DBAF7KCR65 | Long             | LON              | CORP              | US        |    625520 | PA      | $585255.57    | 0.09%             | 2031-06-26      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| DANA INC                                             | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10406.57     | 0.00%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DANA INC                                             | Dana Inc                                                                         | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16797.66     | 0.00%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                              | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    151000 | PA      | $152055.19    | 0.02%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                           | DaVita Inc                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8195.41      | 0.00%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                           | DaVita Inc                                                                       | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12205.84     | 0.00%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DAYFORCE INC                                         | Dayforce Inc 2026 Term Loan                                                      | CUSIP: 23923YAB7<br>LEI: 549300T64GVCHFJ8L449 | Long             | LON              | CORP              | US        |   2385000 | PA      | $2253157.20   | 0.36%             | 2033-02-04      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| DBR LAND HOLDINGS LLC                                | DBR Land Holdings LLC                                                            | CUSIP: 24024BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     64000 | PA      | $64799.36     | 0.01%             | 2030-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dealer Tire Financial LLC                            | Dealer Tire Financial LLC 2024 Term Loan B4                                      | CUSIP: 24228HAR9<br>LEI: 894500QBE5Z2XQWCJ779 | Long             | LON              | CORP              | US        |   1722223 | PA      | $1713611.67   | 0.28%             | 2031-07-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Deep Blue Operating I LLC                            | Deep Blue Operating I LLC Term Loan                                              | CUSIP: 24369TAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    321000 | PA      | $321802.50    | 0.05%             | 2032-10-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                               | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $92760.56     | 0.02%             | 2033-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                          | Deluxe Corp                                                                      | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     31000 | PA      | $32180.60     | 0.01%             | 2029-09-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Derby Buyer LLC                                      | Derby Buyer LLC 2024 Repriced Term Loan B                                        | CUSIP: 24968CAE3<br>LEI: 2549003XRO7JUBUWQX87 | Long             | LON              | CORP              | US        |   1751593 | PA      | $1747214.17   | 0.28%             | 2030-11-01      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| DIAMOND FRGN/DIAMOND FIN                             | Diamond Foreign Asset Co / Diamond Finance LLC                                   | CUSIP: 25260WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     32000 | PA      | $33806.14     | 0.01%             | 2030-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                             | Digicel International Finance Ltd / Difl US LLC                                  | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    435000 | PA      | $441436.96    | 0.07%             | 2032-08-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                              | Digital Realty Trust LP                                                          | CUSIP: 25389JAX4<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     20000 | PA      | $21172.60     | 0.00%             | 2029-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $94899.89     | 0.02%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $306248.78    | 0.05%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                             | Discovery Communications LLC                                                     | CUSIP: 25470DBS7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     89000 | PA      | $87193.30     | 0.01%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                    | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    593000 | PA      | $610935.29    | 0.10%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                        | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    254000 | PA      | $251821.53    | 0.04%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                        | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $207946.40    | 0.03%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corporation                      | Discovery Purchaser Corporation Term Loan                                        | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |   1170264 | PA      | $1149491.58   | 0.19%             | 2029-10-04      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                | Directv Financing LLC                                                            | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    154000 | PA      | $153657.40    | 0.02%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                             | Diversified Healthcare Trust                                                     | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              |  | US        |     43000 | PA      | $43369.50     | 0.01%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                  | Dominion Energy Inc                                                              | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15229.62     | 0.00%             | 2055-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| RR DONNELLEY & SONS CO                               | RR Donnelley & Sons Co                                                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    262000 | PA      | $265197.45    | 0.04%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DREAM FINDERS HOMES INC                              | Dream Finders Homes Inc                                                          | CUSIP: 26154DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $26418.44     | 0.00%             | 2028-08-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                     | Duke Energy Corp                                                                 | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34077.19     | 0.01%             | 2054-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                                 | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35889.47     | 0.01%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DYCOM INVESTMENTS INC                                | Dycom Investments Inc 2026 Term Loan B                                           | CUSIP: 26747FAV1<br>LEI: 549300F56EKTHQI3WT60 | Long             | LON              | CORP              | US        |    720000 | PA      | $722102.40    | 0.12%             | 2033-01-27      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                           | Dynasty Acquisition Co Inc 2024 1st Lien Term Loan B1                            | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |   2290663 | PA      | $2289632.15   | 0.37%             | 2031-10-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                           | Dynasty Acquisition Co Inc 2024 1st Lien Term Loan B2                            | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    870260 | PA      | $869868.33    | 0.14%             | 2031-10-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| ECL Entertainment LLC                                | ECL Entertainment LLC 2025 Term Loan B                                           | CUSIP: 26826TAM5<br>LEI: 254900UPSGHOBB360Z85 | Long             | LON              | CORP              | US        |    937182 | PA      | $930152.64    | 0.15%             | 2030-08-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP                                    | EMRLD Borrower LP Term Loan B                                                    | CUSIP: 26872NAC3<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |   2799444 | PA      | $2794544.95   | 0.45%             | 2030-05-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP                                    | EMRLD Borrower LP 2024 Term Loan B                                               | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |   1783686 | PA      | $1779226.55   | 0.29%             | 2031-08-04      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                             | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 26873CAB8<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    296000 | PA      | $304422.98    | 0.05%             | 2031-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EOC Borrower LLC                                     | EOC Borrower LLC Term Loan B                                                     | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3096600 | PA      | $3081891.15   | 0.50%             | 2032-03-24      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                    | PURCHASED USD / SOLD EUR                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-483.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                    | PURCHASED USD / SOLD EUR                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-11156.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                                | PURCHASED USD / SOLD EUR                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $-640.06      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 27034RAA1<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70059.69     | 0.01%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Eaton Vance CDO Ltd                                  | Eaton Vance CLO 2019-1 Ltd                                                       | CUSIP: 27830XBC9<br>LEI: 5493007R7GEORNX00105 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1961179.40   | 0.32%             | 2037-07-15      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                        | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    698305 | PA      | $705119.06    | 0.11%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                        | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    333781 | PA      | $360567.18    | 0.06%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ECO Services Operations Corp                         | ECO Services Operations Corp 2024 Term Loan B                                    | CUSIP: 27922JAC0<br>LEI: 254900NH3N3I82Z6Q744 | Long             | LON              | CORP              | US        |    654389 | PA      | $654153.57    | 0.11%             | 2031-06-12      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Center LLC                         | Edelman Financial Center LLC 2024 Term Loan                                      | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   1238181 | PA      | $1236162.36   | 0.20%             | 2028-04-07      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| EFESTO BIDCO SPA/US LLC                              | Efesto Bidco SpA Efesto US LLC                                                   | CUSIP: 28201XAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |    644000 | PA      | $640735.62    | 0.10%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                                | EG Global Finance PLC                                                            | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    415000 | PA      | $444030.08    | 0.07%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| EG AMERICA LLC                                       | EG America LLC 2026 Term Loan B                                                  | CUSIP: 28228QAB5<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | US        |   1332000 | PA      | $1331001.00   | 0.22%             | 2031-02-10      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Elanco Animal Health Incorporated                    | Elanco Animal Health Inc 2025 Term Loan B                                        | CUSIP: 28414BAJ5<br>LEI: 549300SHPNDCE059M934 | Long             | LON              | CORP              | US        |    362732 | PA      | $362641.22    | 0.06%             | 2032-10-31      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| EXAMWORKS BIDCO INC                                  | ExamWorks BidCo Inc 2026 Term Loan B                                             | CUSIP: 28542CAG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1243568 | PA      | $1241242.87   | 0.20%             | 2033-02-06      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |    590000 | PA      | $574443.35    | 0.09%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                                | Ellucian Holdings Inc                                                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |    183000 | PA      | $178747.78    | 0.03%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings, Inc.                              | Ellucian Holdings Inc 2024 1st Lien Term Loan B                                  | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   2996968 | PA      | $2910175.91   | 0.47%             | 2029-10-08      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings, Inc.                              | Ellucian Holdings Inc 2024 2nd Lien Term Loan                                    | CUSIP: 28917XAE0<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |    513000 | PA      | $489489.21    | 0.08%             | 2032-11-22      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                             | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    487000 | PA      | $495307.73    | 0.08%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                              | Empire Communities Corp                                                          | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |     13000 | PA      | $13053.22     | 0.00%             | 2029-05-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                         | Enbridge Inc                                                                     | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $42070.52     | 0.01%             | 2054-06-27      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                         | Enbridge Inc                                                                     | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     54000 | PA      | $56728.73     | 0.01%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     62000 | PA      | $63105.15     | 0.01%             | 2030-05-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    129000 | PA      | $128741.14    | 0.02%             | 2026-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    127000 | PA      | $133019.04    | 0.02%             | 2054-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76175.10     | 0.01%             | 2054-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Endo Luxembourg Finance Company I Sa rl              | Endo Luxembourg Finance Company I Sa rl 2024 1st Lien Term Loan                  | CUSIP: 29280UAD5<br>LEI: 222100B15VY0VVCTG251 | Long             | LON              | CORP              | US        |    535656 | PA      | $532308.40    | 0.09%             | 2031-04-23      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| ENERFLEX INC                                         | Enerflex Inc                                                                     | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14294.34     | 0.00%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ENPRO INC                                            | Enpro Inc                                                                        | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |     49000 | PA      | $49561.83     | 0.01%             | 2033-06-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Entegris Inc                                         | Entegris Inc 2023 Term Loan B                                                    | CUSIP: 29362LAM6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | LON              | CORP              | US        |    758944 | PA      | $759573.44    | 0.12%             | 2029-07-06      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corporation                          | Epicor Software Corporation 2024 Term Loan F                                     | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   2601772 | PA      | $2549086.24   | 0.41%             | 2031-05-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ERO COPPER CORP                                      | ERO Copper Corp                                                                  | CUSIP: 296006AA7<br>LEI: 549300KL8A21SEIO8I47 | Long             | DBT              | CORP              | CA        |    252000 | PA      | $249452.28    | 0.04%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                                            | Esab Corp                                                                        | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66983.33     | 0.01%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                                            | Esab Corp                                                                        | CUSIP: 29605JAB2<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    194000 | PA      | $195359.94    | 0.03%             | 2031-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SK INVICTUS INTERMEDIATE                             | SK Invictus Intermediate II Sarl                                                 | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    185000 | PA      | $180443.28    | 0.03%             | 2029-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Constellation Renewables, LLC                        | Constellation Renewables LLC 2020 Term Loan                                      | CUSIP: 30204KAD8<br>LEI: 5493004JBPWTPTK8LB51 | Long             | LON              | CORP              | US        |   1112098 | PA      | $1111864.54   | 0.18%             | 2027-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| EyeCare Partners LLC                                 | EyeCare Partners LLC 2024 Third Out Term Loan C                                  | CUSIP: 30233PAR1<br>LEI: 254900ZAACWK09RJ8W93 | Long             | LON              | CORP              | US        |     45260 | PA      | $7581.06      | 0.00%             | 2028-11-30      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| FMC CORP                                             | FMC Corp                                                                         | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     67000 | PA      | $59847.41     | 0.01%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                             | FMC Corp                                                                         | CUSIP: 302491AV7<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     21000 | PA      | $12995.19     | 0.00%             | 2049-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                             | FMC Corp                                                                         | CUSIP: 302491AY1<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11301.97     | 0.00%             | 2053-05-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fluid-Flow Products, Inc.                            | Fluid-Flow Products Inc 2025 Term Loan B                                         | CUSIP: 30260UAK1<br>LEI: 254900BHD5AK9H7EKF91 | Long             | LON              | CORP              | US        |    985000 | PA      | $981306.25    | 0.16%             | 2028-03-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                      | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    329000 | PA      | $322821.84    | 0.05%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                             | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315292AU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $65642.22     | 0.01%             | 2031-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                           | Fertitta Entertainment LLC 2022 Term Loan B                                      | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |   3032089 | PA      | $2968809.25   | 0.48%             | 2029-01-27      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279000 | PA      | $266647.89    | 0.04%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    586000 | PA      | $547354.71    | 0.09%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                 | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5090.32      | 0.00%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                 | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $81477.68     | 0.01%             | 2032-09-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corporation                         | Filtration Group Corporation 2025 USD Term Loan                                  | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   2867285 | PA      | $2866080.82   | 0.46%             | 2028-10-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Finastra USA Inc                                     | Finastra USA Inc 2025 USD Term Loan                                              | CUSIP: 31772YAD8<br>LEI: 549300ZB2RO6QC7YTK71 | Long             | LON              | CORP              | US        |   3298000 | PA      | $3091875.00   | 0.50%             | 2032-09-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| GIP Pilot Acquisition Partners LP                    | GIP Pilot Acquisition Partners LP 2025 Term Loan B                               | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |    237125 | PA      | $237066.10    | 0.04%             | 2030-10-04      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                             | First Quantum Minerals Ltd                                                       | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $191361.00    | 0.03%             | 2036-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OPERATING CO                              | Five Point Operating Co LP                                                       | CUSIP: 33834YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $26936.46     | 0.00%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FLASH COMPUTE LLC                                    | Flash Compute LLC                                                                | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $463123.86    | 0.08%             | 2030-12-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Corpay Technologies Operating Company LLC            | Corpay Technologies Operating Company LLC Term Loan B5                           | CUSIP: 33903RAZ2<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |   2053289 | PA      | $2051153.54   | 0.33%             | 2028-04-28      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                         | Focus Financial Partners LLC 2025 Incremental Term Loan B                        | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |   2950146 | PA      | $2850873.18   | 0.46%             | 2031-09-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                             | Focus Financial Partners LLC                                                     | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    238000 | PA      | $236368.85    | 0.04%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fortis 333 Inc                                       | Fortis 333 Inc USD Term Loan B                                                   | CUSIP: 34958SAB5<br>LEI: 254900SLITS19RU1VB55 | Long             | LON              | CORP              | US        |    870258 | PA      | $843784.66    | 0.14%             | 2032-03-29      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                              | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    248000 | PA      | $247912.38    | 0.04%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                              | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    140000 | PA      | $146187.30    | 0.02%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                              | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    537000 | PA      | $550494.81    | 0.09%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                              | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    477000 | PA      | $488980.33    | 0.08%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                              | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    128000 | PA      | $125233.73    | 0.02%             | 2033-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                                 | Fortrea Holdings Inc                                                             | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18954.00     | 0.00%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE                                | Fortress Intermediate 3 Inc                                                      | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |    311000 | PA      | $309086.88    | 0.05%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PACKERS HOLDINGS LLC                                 | Packers Holdings LLC 2025 Takeback Term Loan                                     | CUSIP: 34967RAB6<br>LEI: 549300X0L6OJNRPME518 | Long             | LON              | CORP              | US        |    136066 | PA      | $130526.74    | 0.02%             | 2031-03-10      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Four Seasons Hotels Limited                          | Four Seasons Hotels Limited 2025 Term Loan B                                     | CUSIP: 000000000<br>LEI: 5493009FUVX8LHYY2202 | Long             | LON              | CORP              | CA        |   2776073 | PA      | $2791119.78   | 0.45%             | 2032-09-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     67000 | PA      | $68105.50     | 0.01%             | 2031-05-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     73000 | PA      | $71809.68     | 0.01%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45810.50     | 0.01%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG INVESTMENTS LLLP                        | Freeport LNG Investments LLLP 2026 Term Loan B                                   | CUSIP: 35670CAE8<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |   1681000 | PA      | $1679604.77   | 0.27%             | 2033-02-11      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABF4<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20996.71     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABG2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28035.03     | 0.00%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAA8<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     46336 | PA      | $46613.97     | 0.01%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAB6<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59352.94     | 0.01%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAD2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |    420000 | PA      | $430956.12    | 0.07%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                            | CUSIP: 36168QAL8<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |      8000 | PA      | $7776.97      | 0.00%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                            | CUSIP: 36168QAN4<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |    111000 | PA      | $108908.04    | 0.02%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                            | CUSIP: 36168QAP9<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $63239.99     | 0.01%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                            | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |     77000 | PA      | $79681.71     | 0.01%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                     | GGAM Finance Ltd                                                                 | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     29000 | PA      | $30097.85     | 0.00%             | 2028-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                     | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     65000 | PA      | $66445.93     | 0.01%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                     | GGAM Finance Ltd                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    173000 | PA      | $172351.25    | 0.03%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc                                | GFL Environmental Inc 2025 Term Loan B                                           | CUSIP: 36257SAB8<br>LEI: 254900PGDQWC19PRP053 | Long             | LON              | CORP              | US        |   2443720 | PA      | $2442204.89   | 0.40%             | 2032-03-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| GTCR EVEREST BORROWER LLC                            | GTCR Everest Borrower LLC 2026 Term Loan B                                       | CUSIP: 36269YAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    466481 | PA      | $462767.68    | 0.07%             | 2031-09-05      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL HOL                                | GFL Environmental Holdings US Inc                                                | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $196159.18    | 0.03%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Galaxy US Opco Inc                                   | Galaxy US Opco Inc Term Loan                                                     | CUSIP: 36321DAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    441881 | PA      | $379545.12    | 0.06%             | 2030-07-31      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| VANTOR HOLDINGS INC                                  | VANTOR HOLDINGS INC 1st LIEN TERM LOAN                                           | CUSIP: 36355RAB1<br>LEI: 254900XMZ2ZZ33TF4651 | Long             | LON              | CORP              | US        |    769000 | PA      | $752658.75    | 0.12%             | 2033-03-03      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $15229.19     | 0.00%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    123000 | PA      | $125123.84    | 0.02%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    224000 | PA      | $221655.57    | 0.04%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    873000 | PA      | $873592.77    | 0.14%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NEOGEN FOOD SAFE CORP                                | Neogen Food Safety Corp                                                          | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $63019.44     | 0.01%             | 2030-07-20      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Garrett LX I SARL                                    | Garrett LX I SARL 2025 USD Term Loan B                                           | CUSIP: 36649XAG3<br>LEI: 549300LKYJ4RR1ELO069 | Long             | LON              | CORP              | LU        |     93608 | PA      | $93451.21     | 0.02%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GARRETT MOTION HLD/SARL                              | Garrett Motion Holdings Inc / Garrett LX I Sarl                                  | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $93188.25     | 0.02%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION/DE                                 | Gates Corp/DE                                                                    | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |     74000 | PA      | $75926.89     | 0.01%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Gates Global LLC                                     | Gates Global LLC 2022 Term Loan B4                                               | CUSIP: 36740UAX0<br>LEI: 984500F43C791F4C7894 | Long             | LON              | CORP              | US        |    303084 | PA      | $302553.98    | 0.05%             | 2029-11-16      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Gates Global LLC                                     | Gates Global LLC 2024 Term Loan B5                                               | CUSIP: 36740UAY8<br>LEI: 984500F43C791F4C7894 | Long             | LON              | CORP              | US        |   1746616 | PA      | $1743384.27   | 0.28%             | 2031-06-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Generac Power Systems Inc                            | Generac Power Systems Inc 2024 Term Loan B                                       | CUSIP: 36874VAQ1<br>LEI: 549300JQWLGGW8KC1X38 | Long             | LON              | CORP              | US        |    285650 | PA      | $287078.25    | 0.05%             | 2031-07-03      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC                                | Genesee & Wyoming Inc                                                            | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |     86000 | PA      | $87027.70     | 0.01%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming Inc (New)                          | Genesee & Wyoming Inc (New) 2024 Term Loan                                       | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |   3467884 | PA      | $3448741.56   | 0.56%             | 2031-04-10      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $18599.26     | 0.00%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    199000 | PA      | $198059.84    | 0.03%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FIN                                | GENMAB A/S/GENMAB FINANCE LLC                                                    | CUSIP: 37230JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    200000 | PA      | $209346.20    | 0.03%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                     | Getty Images Inc                                                                 | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    393000 | PA      | $353931.87    | 0.06%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                     | Getty Images Inc                                                                 | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     38000 | PA      | $34079.14     | 0.01%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GIBRALTAR INDUSTRIES INC                             | Gibraltar Industries Inc 2026 Term Loan B                                        | CUSIP: 37468UAL4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    636923 | PA      | $632942.31    | 0.10%             | 2033-02-02      | Floating      | 5.93%                 | No            |                  3 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                              | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $39318.36     | 0.01%             | 2033-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                              | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    141000 | PA      | $143072.70    | 0.02%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Go Daddy Operating Company LLC                       | Go Daddy Operating Company LLC 2024 Term Loan B8                                 | CUSIP: 38017BAX4<br>LEI: 5493005GJOH8HLL11157 | Long             | LON              | CORP              | US        |   1232998 | PA      | $1213479.51   | 0.20%             | 2029-11-09      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                                      | Goat Holdco LLC                                                                  | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $67410.64     | 0.01%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    143000 | PA      | $142256.00    | 0.02%             | 2034-11-10      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     85000 | PA      | $86641.61     | 0.01%             | 2030-02-10      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD                      | Golub Capital Partners CLO 74 B Ltd                                              | CUSIP: 38190BAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1470834.45   | 0.24%             | 2037-07-25      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                               | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24604.10     | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                               | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33247.90     | 0.01%             | 2030-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                             | GrafTech Global Enterprises Inc                                                  | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $22354.37     | 0.00%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                          | Grant Thornton Advisors LLC 2025 Term Loan B                                     | CUSIP: 38821UAD2<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |   1463809 | PA      | $1360580.80   | 0.22%             | 2031-06-02      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53132.52     | 0.01%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    190000 | PA      | $189987.94    | 0.03%             | 2032-07-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    254000 | PA      | $255948.43    | 0.04%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                  | Gray Television Inc 2024 Term Loan B                                             | CUSIP: 389376BC7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |      4400 | PA      | $4392.30      | 0.00%             | 2029-06-04      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| GREAT CAN GAMING/RAPTOR                              | Great Canadian Gaming Corp/Raptor LLC                                            | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | XX        |     69000 | PA      | $67316.85     | 0.01%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services Holdings II LLC               | Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B                      | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |   2269439 | PA      | $2168267.88   | 0.35%             | 2032-01-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                               | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34228.07     | 0.01%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Gryphon Acquire Newco, LLC                           | Gryphon Acquire Newco LLC Term Loan B                                            | CUSIP: 40054QAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    877000 | PA      | $877219.25    | 0.14%             | 2032-09-13      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                              | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46022.40     | 0.01%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Gulfside Supply Inc                                  | Gulfside Supply Inc Term Loan B                                                  | CUSIP: 40273UAE9<br>LEI: 5493009BEGVKVXE2HW08 | Long             | LON              | CORP              | US        |    885437 | PA      | $806854.48    | 0.13%             | 2031-06-17      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| H.B. Fuller Company                                  | HB Fuller Company 2025 Term Loan B                                               | CUSIP: 40409VAW4<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | LON              | CORP              | US        |    257777 | PA      | $258261.53    | 0.04%             | 2030-02-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                       | Core & Main LP 2024 Term Loan D                                                  | CUSIP: 40416VAG0<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |   2963364 | PA      | $2961526.66   | 0.48%             | 2028-07-27      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                       | Core & Main LP 2024 Term Loan E                                                  | CUSIP: 40416VAH8<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |    691946 | PA      | $691946.20    | 0.11%             | 2031-02-09      | Floating      | 5.68%                 | No            |                  3 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                             | HAH Group Holding Co LLC                                                         | CUSIP: 40518JAA7<br>LEI: 254900FFJQHW9R90FL74 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33290.45     | 0.01%             | 2031-10-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                               | Harvest Midstream I LP                                                           | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25481.88     | 0.00%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                                     | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |    496000 | PA      | $479873.50    | 0.08%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123044.28    | 0.02%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    208000 | PA      | $213146.34    | 0.03%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54167.69     | 0.01%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     57000 | PA      | $55104.68     | 0.01%             | 2034-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                    | Herc Holdings Inc 2026 Term Loan B                                               | CUSIP: 42705FAF3<br>LEI: 549300TP80QLITMSBP82 | Long             | LON              | CORP              | US        |    276308 | PA      | $276423.55    | 0.04%             | 2032-06-02      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                   | Herens Holdco Sarl                                                               | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $168080.00    | 0.03%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Herschend Entertainment Company, LLC                 | Herschend Entertainment Company LLC 2026 Term Loan B                             | CUSIP: 42778EAH4<br>LEI: 54930087KQ7RPDXK0716 | Long             | LON              | CORP              | US        |    913559 | PA      | $913750.69    | 0.15%             | 2032-05-27      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                       | Hertz Corp/The                                                                   | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     36000 | PA      | $31588.34     | 0.01%             | 2029-07-15      | Fixed         | 12.63%                | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)                             | Hertz Corporation (The) 2021 Term Loan B                                         | CUSIP: 42804VBB6<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |   1004611 | PA      | $740900.33    | 0.12%             | 2028-06-30      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)                             | Hertz Corporation (The) 2021 Term Loan C                                         | CUSIP: 42804VBC4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |    198772 | PA      | $146594.54    | 0.02%             | 2028-06-30      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                             | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $32671.87     | 0.01%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                             | Hess Midstream Operations LP                                                     | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $49033.21     | 0.01%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3006.01      | 0.00%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $53244.63     | 0.01%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4866.82      | 0.00%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4839.14      | 0.00%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $140849.82    | 0.02%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $33217.66     | 0.01%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $18941.38     | 0.00%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I LP                                  | Hilcorp Energy I LP Term Loan B                                                  | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |    685080 | PA      | $684223.65    | 0.11%             | 2030-02-11      | Floating      | 5.43%                 | No            |                  3 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                             | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    211000 | PA      | $212288.16    | 0.03%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                             | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10950.34     | 0.00%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                             | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AT8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87927.92     | 0.01%             | 2034-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Company Inc                | Hilton Domestic Operating Company Inc 2023 Term Loan B4                          | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |    696000 | PA      | $696870.00    | 0.11%             | 2030-11-08      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                          | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4991.31      | 0.00%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                   | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32131.76     | 0.01%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                   | Howard Hughes Corp/The                                                           | CUSIP: 44267DAG2<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51001.15     | 0.01%             | 2032-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                   | Howard Hughes Corp/The                                                           | CUSIP: 44267DAH0<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     53000 | PA      | $50897.48     | 0.01%             | 2034-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                              | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $27919.27     | 0.00%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                              | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    168000 | PA      | $168638.74    | 0.03%             | 2034-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                             | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    245000 | PA      | $229552.70    | 0.04%             | 2032-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                             | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    400000 | PA      | $403368.40    | 0.07%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Limited                            | HUB International Limited 2025 Term Loan B                                       | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   4393455 | PA      | $4380845.41   | 0.71%             | 2030-06-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    989000 | PA      | $1013135.56   | 0.16%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   1466000 | PA      | $1495265.76   | 0.24%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUDSON RIVER TRADING LLC                             | Hudson River Trading LLC 2026 Repriced Term Loan B                               | CUSIP: 44413EAK4<br>LEI: 549300SMOBUC8O5UOE10 | Long             | LON              | CORP              | US        |   2395439 | PA      | $2383126.22   | 0.39%             | 2030-03-18      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SAS                                                                | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $201290.60    | 0.03%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SAS                                                                | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $261578.25    | 0.04%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                     | IRB Holding Corp 2025 Term Loan B                                                | CUSIP: 44988LAM9<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   1651793 | PA      | $1646804.81   | 0.27%             | 2030-12-16      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                     | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    220000 | PA      | $213914.40    | 0.03%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166584.26    | 0.03%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |     31000 | PA      | $26454.17     | 0.00%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CF2<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41292.40     | 0.01%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CK1<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    138000 | PA      | $135950.45    | 0.02%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Coherent Corp                                        | Coherent Corp 2025 Term Loan B2                                                  | CUSIP: 45173JAT1<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |    782919 | PA      | $782590.64    | 0.13%             | 2029-07-02      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                                | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17000 | PA      | $17013.74     | 0.00%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116705.34    | 0.02%             | 2032-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     82000 | PA      | $81979.44     | 0.01%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44952.20     | 0.01%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAH6<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27202.50     | 0.00%             | 2029-07-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAJ2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     28000 | PA      | $29960.00     | 0.00%             | 2030-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                         | MH Sub I LLC 2024 Term Loan B4                                                   | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    524144 | PA      | $347025.48    | 0.06%             | 2031-12-31      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                        | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22078.83     | 0.00%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INFINITY NATURAL RESOURC                             | Infinity Natural Resources LLC                                                   | CUSIP: 45690BAA3<br>LEI: 54930021094IFVB5ND43 | Long             | DBT              | CORP              | US        |     76000 | PA      | $76401.28     | 0.01%             | 2031-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                             | Installed Building Products Inc                                                  | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     81000 | PA      | $79039.48     | 0.01%             | 2034-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                                  | Insulet Corp                                                                     | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    126000 | PA      | $128608.45    | 0.02%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alterra Mountain Company                             | Alterra Mountain Company 2025 Term Loan B8                                       | CUSIP: 46124CAS6<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |    919125 | PA      | $917975.61    | 0.15%             | 2030-05-31      | Floating      | 6.17%                 | No            |                  3 | On Loan: No      |
| Invesco Senior Loan ETF                              | Invesco Senior Loan ETF                                                          | CUSIP: 46138G508<br>LEI: 549300SIHU6DQELRNG59 | Long             | EC               | RF                | US        |   1141200 | NS      | $23291892.00  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ION PLATFORM FINANCE US                              | ION Platform Finance US Inc                                                      | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    295000 | PA      | $228337.60    | 0.04%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                 | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    189000 | PA      | $176534.90    | 0.03%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ION Platform Finance US Inc                          | ION Platform Finance US Inc USD Term Loan                                        | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |   2912477 | PA      | $2328350.61   | 0.38%             | 2032-10-07      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                            | IQVIA Inc                                                                        | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    157000 | PA      | $159432.09    | 0.03%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                    | Iron Mountain Inc 2023 Term Loan B                                               | CUSIP: 46284NAV1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | LON              |  | US        |    640000 | PA      | $635200.00    | 0.10%             | 2031-01-31      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    113000 | PA      | $109697.12    | 0.02%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     67000 | PA      | $66785.75     | 0.01%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                              | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    109000 | PA      | $102902.65    | 0.02%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| iShares 0-5 Year Investment Grade Corporate Bond ETF | iShares 0-5 Year Investment Grade Corporate Bond ETF                             | CUSIP: 46434V100<br>LEI: 549300DQ0XBNCH5EKW50 | Long             | EC               | RF                | US        |     40000 | NS      | $2019600.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Broad USD High Yield Corporate Bond ETF      | iShares Broad USD High Yield Corporate Bond ETF                                  | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |    395000 | NS      | $14551800.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage-Crystal Clean Inc                           | Heritage-Crystal Clean Inc Term Loan B                                           | CUSIP: 465966AB5<br>LEI: 254900KPFL42CYD2VY03 | Long             | LON              | CORP              | US        |    619518 | PA      | $619004.11    | 0.10%             | 2030-10-17      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                | Jane Street Group LLC 2024 Term Loan B1                                          | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |   4533260 | PA      | $4445178.48   | 0.72%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23733.33     | 0.00%             | 2032-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    184000 | PA      | $186680.51    | 0.03%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JELD-WEN INC                                         | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     58000 | PA      | $39325.87     | 0.01%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JELDWEN HOLDING                                      | JELD-WEN Holding Inc                                                             | CUSIP: 47580PAA1<br>LEI: 529900AXX7CT9GZSCS30 | Long             | DBT              | CORP              | US        |     18000 | PA      | $8391.84      | 0.00%             | 2032-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY                              | JetBlue Airways Corp / JetBlue Loyalty LP                                        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     93000 | PA      | $87890.43     | 0.01%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA                             | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    136000 | PA      | $138234.21    | 0.02%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA                             | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAE5<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    179000 | PA      | $163752.72    | 0.03%             | 2033-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KBR INC                                              | KBR Inc                                                                          | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73336.88     | 0.01%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES                              | K Hovnanian Enterprises Inc                                                      | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |    158000 | PA      | $156212.23    | 0.03%             | 2031-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES                              | K Hovnanian Enterprises Inc                                                      | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |    103000 | PA      | $101855.92    | 0.02%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| KKR Apple Bidco LLC                                  | KKR Apple Bidco LLC 2025 Term Loan                                               | CUSIP: 48254EAG6<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |   2824761 | PA      | $2824761.16   | 0.46%             | 2031-09-23      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                 | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    468000 | PA      | $442136.78    | 0.07%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                 | Kaiser Aluminum Corp                                                             | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    346000 | PA      | $339726.33    | 0.06%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kaman Corporation                                    | Kaman Corporation 2025 Term Loan B                                               | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |    600804 | PA      | $600690.16    | 0.10%             | 2032-02-26      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Kaseya Inc                                           | Kaseya Inc 2025 1st Lien Term Loan B                                             | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |   3268980 | PA      | $3044238.05   | 0.49%             | 2032-03-22      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                             | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc            | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $40600.95     | 0.01%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                             | Ken Garff Automotive LLC                                                         | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24558.55     | 0.00%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CATURUS ENERGY LLC                                   | Caturus Energy LLC                                                               | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |    285000 | PA      | $295720.28    | 0.05%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                  | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6022.07      | 0.00%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ADVANCION SCIENCES INC                               | Advancion Sciences Inc                                                           | CUSIP: 499894AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104654 | PA      | $85031.38     | 0.01%             | 2026-11-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    133000 | PA      | $137795.32    | 0.02%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    173000 | PA      | $174868.75    | 0.03%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    126000 | PA      | $128004.91    | 0.02%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    186000 | PA      | $186921.14    | 0.03%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LABL Inc                                             | LABL Inc 2021 USD 1st Lien Term Loan                                             | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |   1630071 | PA      | $738959.95    | 0.12%             | 2028-10-30      | Floating      | 8.77%                 | No            |                  2 | On Loan: No      |
| LABL INC                                             | LABL Inc                                                                         | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     83000 | PA      | $39840.00     | 0.01%             | 2028-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LABL INC                                             | LABL Inc                                                                         | CUSIP: 50168QAE5<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    131000 | PA      | $62880.00     | 0.01%             | 2028-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LABL INC                                             | LABL Inc                                                                         | CUSIP: 50168QAF2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    148000 | PA      | $71040.00     | 0.01%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                  | LBM Acquisition LLC 2024 Incremental Term Loan B                                 | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |    810000 | PA      | $645877.80    | 0.10%             | 2031-06-06      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                        | LGI Homes Inc                                                                    | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33763.36     | 0.01%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                        | LGI Homes Inc                                                                    | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     62000 | PA      | $57488.09     | 0.01%             | 2032-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                             | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     72000 | PA      | $70063.66     | 0.01%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                             | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     48000 | PA      | $49859.76     | 0.01%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                              | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    180000 | PA      | $120093.42    | 0.02%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Les Schwab Tire Centers                              | Les Schwab Tire Centers 2025 Term Loan B                                         | CUSIP: 50220KAD6<br>LEI: 549300GJM1TKHPYFPF83 | Long             | LON              | CORP              | US        |   1194535 | PA      | $1190055.20   | 0.19%             | 2031-04-23      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| LSF12 Crown US Commercial Bidco LLC                  | LSF12 Crown US Commercial Bidco LLC 2026 Term Loan B                             | CUSIP: 50221UAE1<br>LEI: 254900FI2OCFTJ9PAJ18 | Long             | LON              | CORP              | US        |    640040 | PA      | $640039.91    | 0.10%             | 2031-12-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                     | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14313.65     | 0.00%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                     | Lamar Media Corp                                                                 | CUSIP: 513075CA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $65574.49     | 0.01%             | 2033-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                      | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    248000 | PA      | $236107.61    | 0.04%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51082.85     | 0.01%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LAVENDER DUTCH BORROWERCO BV                         | Lavender Dutch BorrowerCo BV USD Term Loan                                       | CUSIP: 51944RAB8<br>LEI: 254900WC9QQXLKNE2931 | Long             | LON              | CORP              | US        |    996852 | PA      | $980653.65    | 0.16%             | 2032-12-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                  | LBM Acquisition LLC                                                              | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     85000 | PA      | $73987.96     | 0.01%             | 2031-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Darktrace PLC                                        | Darktrace PLC 1st Lien Term Loan                                                 | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    398441 | PA      | $380563.03    | 0.06%             | 2031-10-09      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16875.00     | 0.00%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    802077 | PA      | $816771.97    | 0.13%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    613000 | PA      | $627458.15    | 0.10%             | 2034-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    781120 | PA      | $815029.75    | 0.13%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                | Level 3 Financing Inc 2025 Repriced Term Loan B4                                 | CUSIP: 52729KAU0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |   3332000 | PA      | $3328534.72   | 0.54%             | 2032-03-29      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                              | Light & Wonder International Inc                                                 | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     41000 | PA      | $42078.30     | 0.01%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                              | Light & Wonder International Inc                                                 | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     36000 | PA      | $35268.84     | 0.01%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     22000 | PA      | $23265.26     | 0.00%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    237000 | PA      | $254886.39    | 0.04%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    218000 | PA      | $222628.19    | 0.04%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAY5<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    134000 | PA      | $143101.55    | 0.02%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                  | Lightning Power LLC                                                              | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23907.99     | 0.00%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                             | Lindblad Expeditions LLC                                                         | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |    160000 | PA      | $163358.56    | 0.03%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOL 1                             | Starz Capital Holdings 1 Inc                                                     | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $49545.00     | 0.01%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                    | Lithia Motors Inc                                                                | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53896.17     | 0.01%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                             | Live Nation Entertainment Inc                                                    | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37763.80     | 0.01%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                             | Live Nation Entertainment Inc                                                    | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34133.13     | 0.01%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment Inc                        | Live Nation Entertainment Inc 2025 Term Loan B                                   | CUSIP: 53803HAY6<br>LEI: 5493007B9BM9ZXJINO78 | Long             | LON              | CORP              | US        |   1601985 | PA      | $1599982.52   | 0.26%             | 2032-10-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| LSF12 HELIX PARENT LLC                               | Lsf12 Helix Parent LLC                                                           | CUSIP: 548916AA3<br>LEI: 254900H70V4IL22BHL88 | Long             | DBT              | CORP              | US        |    143000 | PA      | $137624.07    | 0.02%             | 2033-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| LSF12 HELIX PARENT LLC                               | LSF12 Helix Parent LLC USD Term Loan B                                           | CUSIP: 54913EAB8<br>LEI: 254900H70V4IL22BHL88 | Long             | LON              | CORP              | US        |   1324869 | PA      | $1305658.72   | 0.21%             | 2033-02-10      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| M6 ETX Holdings II Midco LLC                         | M6 ETX Holdings II Midco LLC 2025 1st Lien Term Loan B                           | CUSIP: 55285DAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    487931 | PA      | $489229.27    | 0.08%             | 2032-04-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                     | MGM Resorts International                                                        | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     72000 | PA      | $72426.60     | 0.01%             | 2029-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MKS INSTRUMENTS INC                                  | MKS Instruments Inc 2026 USD Term Loan B                                         | CUSIP: 55314NBB9<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |   1326000 | PA      | $1326411.06   | 0.21%             | 2033-02-04      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                              | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              |  | US        |    438000 | PA      | $444049.66    | 0.07%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                      | Madison IAQ LLC Term Loan                                                        | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   3162252 | PA      | $3158899.54   | 0.51%             | 2028-06-21      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                      | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   1262000 | PA      | $1237592.42   | 0.20%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Madison Safety & Flow LLC                            | Madison Safety & Flow LLC 2025 1st Lien Term Loan B                              | CUSIP: 55822DAN1<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |    452171 | PA      | $451890.96    | 0.07%             | 2031-09-26      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                             | Madison Park Funding LXIX Ltd                                                    | CUSIP: 55822VAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1090000 | PA      | $1071080.87   | 0.17%             | 2037-07-25      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                               | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    126000 | PA      | $111510.00    | 0.02%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                               | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    370000 | PA      | $243758.12    | 0.04%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA OIL GAS/MAG FIN                             | Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp               | CUSIP: 559665AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $84390.05     | 0.01%             | 2032-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                             | MajorDrive Holdings IV LLC                                                       | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |     78000 | PA      | $57693.88     | 0.01%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MANITOWOC COMPANY INC                                | Manitowoc Co Inc/The                                                             | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |     32000 | PA      | $33416.90     | 0.01%             | 2031-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    146000 | PA      | $147589.94    | 0.02%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AJ5<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94399.33     | 0.02%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    137000 | PA      | $126962.20    | 0.02%             | 2030-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57790.55     | 0.01%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    141000 | PA      | $137025.70    | 0.02%             | 2033-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                                   | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     72000 | PA      | $68454.06     | 0.01%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                                   | Mattamy Group Corp                                                               | CUSIP: 57701RAQ5<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $65733.78     | 0.01%             | 2033-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                               | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1281000 | PA      | $1281000.00   | 0.21%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                               | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60395.91     | 0.01%             | 2030-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company           | Mauser Packaging Solutions Holding Company 2025 Term Loan B                      | CUSIP: 57763TAF0<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |   1225000 | PA      | $1181684.00   | 0.19%             | 2030-04-15      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Corp.                    | Mavis Tire Express Services Corp 2025 Repriced Term Loan                         | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |   2945571 | PA      | $2940799.34   | 0.48%             | 2028-05-04      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY BORROWER INC                           | Amynta Agency Borrower Inc 2026 Repriced Term Loan B                             | CUSIP: 57810JAN8<br>LEI: 5493000GP6HBRVTWBO85 | Long             | LON              | CORP              | US        |   2420729 | PA      | $2382263.34   | 0.39%             | 2031-12-29      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                          | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |     99000 | PA      | $81792.94     | 0.01%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                          | McAfee LLC 2024 USD 1st Lien Term Loan B                                         | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   1600915 | PA      | $1424814.41   | 0.23%             | 2029-03-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Meade Pipeline CO LLC                                | Meade Pipeline CO LLC Term Loan B                                                | CUSIP: 58307PAB8<br>LEI: 254900UZE9CEDHUYSZ47 | Long             | LON              | CORP              | US        |    482000 | PA      | $481195.06    | 0.08%             | 2032-09-22      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Medical Solutions Holdings Inc                       | Medical Solutions Holdings Inc 2021 1st Lien Term Loan                           | CUSIP: 58462QAH4<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |    534546 | PA      | $106016.56    | 0.02%             | 2028-11-01      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Medical Solutions Holdings Inc                       | Medical Solutions Holdings Inc 2021 2nd Lien Term Loan                           | CUSIP: 58462QAM3<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |    536000 | PA      | $42880.00     | 0.01%             | 2029-11-01      | Floating      | 10.77%                | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                  | Medline Borrower LP 2025 Term Loan B                                             | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   1335050 | PA      | $1336799.34   | 0.22%             | 2028-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                  | Medline Borrower LP 2025 Incremental Term Loan B                                 | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   1987791 | PA      | $1989957.22   | 0.32%             | 2030-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO                             | Medline Borrower LP/Medline Co-Issuer Inc                                        | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257000 | PA      | $261878.60    | 0.04%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $191750.00    | 0.03%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $203047.00    | 0.03%             | 2032-04-17      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                                  | Meritage Homes Corp                                                              | CUSIP: 59001ABF8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     98000 | PA      | $94374.00     | 0.02%             | 2028-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| METHANEX US OPERATIONS                               | Methanex US Operations Inc                                                       | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $52176.37     | 0.01%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                 | Michaels Cos Inc/The                                                             | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    177000 | PA      | $172308.44    | 0.03%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                             | Microchip Technology Inc                                                         | CUSIP: 595017BM5<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53652.50     | 0.01%             | 2030-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                              | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30465.68     | 0.00%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MIDCONTINENT COMMUNICATI                             | Midcontinent Communications                                                      | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |     77000 | PA      | $71713.93     | 0.01%             | 2032-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL                                     | Midcap Financial Issuer Trust                                                    | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $186372.00    | 0.03%             | 2030-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                             | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $38792.76     | 0.01%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp                            | Gainwell Acquisition Corp Term Loan B                                            | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    594831 | PA      | $576492.03    | 0.09%             | 2027-10-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                              | Millrose Properties Inc                                                          | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              |  | US        |    254000 | PA      | $253920.98    | 0.04%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                              | Millrose Properties Inc                                                          | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              |  | US        |    164000 | PA      | $160983.68    | 0.03%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                             | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54067.42     | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minerals Technologies Inc                            | Minerals Technologies Inc 2024 Term Loan B                                       | CUSIP: 60315GAH1<br>LEI: 549300D3I1QU67GP6403 | Long             | LON              | CORP              | US        |    813364 | PA      | $814380.91    | 0.13%             | 2031-11-26      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| ATHENAHEALTH GROUP INC                               | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    823000 | PA      | $772487.31    | 0.13%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Mitchell International Inc                           | Mitchell International Inc 2024 2nd Lien Term Loan                               | CUSIP: 60662WAZ5<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |    405044 | PA      | $362388.82    | 0.06%             | 2032-06-17      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                     | Modena Buyer LLC Term Loan                                                       | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    603979 | PA      | $540391.88    | 0.09%             | 2031-07-01      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG                              | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC          | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $71661.10     | 0.01%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53641.79     | 0.01%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                | Molina Healthcare Inc                                                            | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     76000 | PA      | $73688.89     | 0.01%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                | Molina Healthcare Inc                                                            | CUSIP: 60855RAN0<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    177000 | PA      | $174009.64    | 0.03%             | 2031-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                             | Moog Inc                                                                         | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5996.52      | 0.00%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                             | Moog Inc                                                                         | CUSIP: 615394AP8<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47147.66     | 0.01%             | 2034-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                  | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    458000 | PA      | $453966.53    | 0.07%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Murphy USA Inc                                       | Murphy USA Inc Term Loan B                                                       | CUSIP: 62675KAB5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | LON              | CORP              | US        |    312218 | PA      | $314655.92    | 0.05%             | 2032-04-07      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     13000 | PA      | $12901.37     | 0.00%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     14000 | PA      | $13601.92     | 0.00%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    441000 | PA      | $427919.23    | 0.07%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEP Group Inc                                        | NEP Group Inc 2025 Term Loan B                                                   | CUSIP: 62908HAR6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1435000 | PA      | $1294269.55   | 0.21%             | 2031-10-17      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY PARTNERS LP                               | NGL ENERGY PARTNERS LP 2026 TERM LOAN B                                          | CUSIP: 62922KAH3<br>LEI: 5493008CQD36WWZJ3O79 | Long             | LON              | CORP              | US        |    675000 | PA      | $675000.00    | 0.11%             | 2033-03-11      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                                | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAC2<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |     70000 | PA      | $72110.36     | 0.01%             | 2029-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                                | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAD0<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |    163000 | PA      | $167978.67    | 0.03%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    125000 | PA      | $134840.13    | 0.02%             | 2028-03-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    186000 | PA      | $186047.43    | 0.03%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    334000 | PA      | $336662.71    | 0.05%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    131000 | PA      | $130804.16    | 0.02%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    232000 | PA      | $228850.46    | 0.04%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    733000 | PA      | $726334.90    | 0.12%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                       | NRG Energy Inc 2024 Term Loan                                                    | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |   2798465 | PA      | $2801515.43   | 0.45%             | 2031-04-16      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                | Nabors Industries Inc                                                            | CUSIP: 62957HAR6<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     62000 | PA      | $63466.15     | 0.01%             | 2032-11-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                      | Naked Juice LLC 2025 FLFO Term Loan                                              | CUSIP: 62984CAK9<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |   1509857 | PA      | $1498533.50   | 0.24%             | 2029-01-24      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                      | Naked Juice LLC 2025 FLSO Term Loan                                              | CUSIP: 62984CAM5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    501091 | PA      | $264325.66    | 0.04%             | 2029-01-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                      | Naked Juice LLC 2025 FLTO Term Loan                                              | CUSIP: 62984CAN3<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    576482 | PA      | $119141.59    | 0.02%             | 2030-01-24      | Floating      | 9.80%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                         | Navient Corp                                                                     | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2924.53      | 0.00%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                         | Navient Corp                                                                     | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     46000 | PA      | $41011.19     | 0.01%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies, Inc.                           | Waystar Technologies Inc 2025 Term Loan B                                        | CUSIP: 63939WAN3<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    622209 | PA      | $619875.87    | 0.10%             | 2029-10-22      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    152000 | PA      | $152422.26    | 0.02%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98882.78     | 0.02%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    136000 | PA      | $131952.50    | 0.02%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                     | CSC Holdings LLC 2019 Term Loan B5                                               | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |   2931497 | PA      | $2576961.94   | 0.42%             | 2027-04-15      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                             | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     59000 | PA      | $58940.27     | 0.01%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                             | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25615.07     | 0.00%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW GOLD INC                                         | New Gold Inc                                                                     | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $242886.13    | 0.04%             | 2032-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| RISEWELL HOMES INC                                   | Risewell Homes Inc                                                               | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56568.23     | 0.01%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RISEWELL HOMES INC                                   | Risewell Homes Inc                                                               | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21512.07     | 0.00%             | 2030-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22449.93     | 0.00%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37322.38     | 0.01%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23997.87     | 0.00%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     66000 | PA      | $68125.20     | 0.01%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                             | NEXSTAR BROADCASTING INC 2026 TERM LOAN B7                                       | CUSIP: 65336RBF4<br>LEI: 5493006PK6I4I2OOT688 | Long             | LON              | CORP              | US        |    828000 | PA      | $817997.76    | 0.13%             | 2033-03-18      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                               | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34139.62     | 0.01%             | 2054-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                               | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56031.36     | 0.01%             | 2055-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRASTRUCTURE LP                               | XPLR Infrastructure LP                                                           | CUSIP: 65341BAG1<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | DBT              | CORP              | US        |    179000 | PA      | $177210.00    | 0.03%             | 2026-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                              | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    142000 | PA      | $136467.82    | 0.02%             | 2030-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                      | Nissan Motor Co Ltd                                                              | CUSIP: 654922AC7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $202518.97    | 0.03%             | 2032-07-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                      | Nissan Motor Co Ltd                                                              | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $205768.27    | 0.03%             | 2035-07-17      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                 | Noble Finance II LLC                                                             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $16473.39     | 0.00%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                               | Northern Oil & Gas Inc                                                           | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    107000 | PA      | $110707.87    | 0.02%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                             | Northriver Midstream Finance LP                                                  | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |     42000 | PA      | $42123.94     | 0.01%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                      | Gen Digital Inc 2024 Term Loan B                                                 | CUSIP: 66877AAF5<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |   2812151 | PA      | $2780514.20   | 0.45%             | 2029-09-12      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                      | Gen Digital Inc 2025 Term Loan B                                                 | CUSIP: 66877AAG3<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |    286832 | PA      | $281993.64    | 0.05%             | 2032-04-16      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    195000 | PA      | $183787.50    | 0.03%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     81000 | PA      | $72142.61     | 0.01%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    123000 | PA      | $124066.53    | 0.02%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    362000 | PA      | $355083.16    | 0.06%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                  | Novelis Corporation 2025 Term Loan B                                             | CUSIP: 67000LAB8<br>LEI: 549300ZJQN1PEAT42X90 | Long             | LON              | CORP              | US        |   2198790 | PA      | $2197866.51   | 0.36%             | 2032-03-11      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                                  | ELECTRONIC ARTS INC USD TERM LOAN B                                              | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |   3810000 | PA      | $3786187.50   | 0.61%             | 2033-03-24      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                              | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    415000 | PA      | $429979.19    | 0.07%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                              | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    408000 | PA      | $427131.80    | 0.07%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                      | Oaktree CLO 2024-26 Ltd                                                          | CUSIP: 67403CAJ4<br>LEI: 254900WZ1Z6PQ6U3P013 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1501324.05   | 0.24%             | 2037-04-20      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                    | Chord Energy Corp                                                                | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30973.27     | 0.01%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                 | Oceaneering International Inc                                                    | CUSIP: 675232AD4<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18073.21     | 0.00%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ODEON FINCO PLC                                      | Odeon Finco PLC                                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    519000 | PA      | $534221.74    | 0.09%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189008.40    | 0.03%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    600000 | PA      | $586021.68    | 0.09%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    684000 | PA      | $652605.22    | 0.11%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation                 | Olympus Water US Holding Corporation 2024 USD Term Loan                          | CUSIP: 68163YAJ4<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |   2264219 | PA      | $2169982.13   | 0.35%             | 2031-06-20      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation                 | Olympus Water US Holding Corporation 2025 USD Term Loan B                        | CUSIP: 68163YAK1<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |   1547122 | PA      | $1487419.04   | 0.24%             | 2032-11-03      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                | ON Semiconductor Corp                                                            | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     61000 | PA      | $59627.50     | 0.01%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| OMNIA Partners LLC                                   | OMNIA Partners LLC 2024 Term Loan B                                              | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |    526105 | PA      | $525120.92    | 0.09%             | 2032-12-31      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    175000 | PA      | $164486.91    | 0.03%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     29000 | PA      | $29063.16     | 0.00%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85792.89     | 0.01%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     72000 | PA      | $74302.36     | 0.01%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12064.08     | 0.00%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     48000 | PA      | $47558.24     | 0.01%             | 2031-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82079.62     | 0.01%             | 2029-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    160000 | PA      | $155237.97    | 0.03%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     36000 | PA      | $35454.83     | 0.01%             | 2032-09-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    104000 | PA      | $101695.45    | 0.02%             | 2030-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    287000 | PA      | $274350.76    | 0.04%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    231000 | PA      | $221494.95    | 0.04%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                              | OneDigital Borrower LLC 2025 Repriced Term Loan                                  | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |    213371 | PA      | $205837.07    | 0.03%             | 2031-07-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC                                    | OneSky Flight LLC                                                                | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |     59000 | PA      | $60900.69     | 0.01%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                       | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3165000 | PA      | $3240466.26   | 0.52%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| OPAL BIDCO                                           | OPAL BIDCO                                                                       | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $200192.80    | 0.03%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                         | Fibercop SpA                                                                     | CUSIP: 683879AD2<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $190257.22    | 0.03%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                         | Fibercop SpA                                                                     | CUSIP: 683879AF7<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $198554.00    | 0.03%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                          | Oracle Corp                                                                      | CUSIP: 68389XDZ5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    240000 | PA      | $230757.19    | 0.04%             | 2036-02-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                               | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |     79000 | PA      | $76140.05     | 0.01%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Option Care Health Inc                               | Option Care Health Inc 2025 Term Loan B                                          | CUSIP: 68404YAD6<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | LON              | CORP              | US        |   1525021 | PA      | $1529793.84   | 0.25%             | 2032-09-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Orbcomm Inc                                          | Orbcomm Inc Term Loan B                                                          | CUSIP: 68558RAB9<br>LEI: 529900PSC8WVCY267I23 | Long             | LON              | CORP              | US        |    501888 | PA      | $461988.07    | 0.07%             | 2028-09-01      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Organon & Co                                         | Organon & Co 2024 USD Term Loan                                                  | CUSIP: 68621XAG8<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |    361902 | PA      | $343987.97    | 0.06%             | 2031-05-19      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Orion US Finco Inc.                                  | Orion US Finco Inc 1st Lien Term Loan                                            | CUSIP: 68631KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1158000 | PA      | $1145215.68   | 0.19%             | 2032-10-08      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC            | Oryx Midstream Services Permian Basin LLC 2025 Term Loan B                       | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |   2600307 | PA      | $2601034.99   | 0.42%             | 2028-10-05      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                 | Osaic Holdings Inc 2026 Term Loan B                                              | CUSIP: 68773JAJ9<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |   1837000 | PA      | $1800958.06   | 0.29%             | 2032-07-30      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23943.42     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    106000 | PA      | $102271.56    | 0.02%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $77120.03     | 0.01%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $145979.82    | 0.02%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                                | Blue Owl Capital Corp                                                            | CUSIP: 69121KAJ3<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68988.40     | 0.01%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| PECF USS Intermediate Holding III Corporation        | PECF USS INTERMDTE HLD III CRP 2026 TERM LOAN                                    | CUSIP: 69291LAJ5<br>LEI: 254900DIL842DEXPYJ91 | Long             | LON              | CORP              | US        |    102994 | PA      | $98488.42     | 0.02%             | 2033-03-03      | Floating      | 11.17%                | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                                   | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $34915.01     | 0.01%             | 2030-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    122000 | PA      | $120551.65    | 0.02%             | 2056-09-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                               | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30263.22     | 0.00%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pye-Barker Fire & Safety, LLC                        | Pye-Barker Fire & Safety LLC 2025 Term Loan                                      | CUSIP: 69380SAB9<br>LEI: 254900K8RDMGUBC44870 | Long             | LON              | CORP              | US        |   1104900 | PA      | $1105883.36   | 0.18%             | 2032-12-16      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Paint Intermediate III LLC                           | Paint Intermediate III LLC 2024 Term Loan B                                      | CUSIP: 69575EAL3<br>LEI: 549300C2JJM7BNZTR054 | Long             | LON              | CORP              | US        |    502205 | PA      | $499382.61    | 0.08%             | 2031-10-09      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                                | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1103694.90   | 0.18%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                               | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              |  | US        |    173000 | PA      | $175118.21    | 0.03%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                             | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      8000 | PA      | $7811.63      | 0.00%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL/FINANC                             | Pebblebrook Hotel LP / PEB Finance Corp                                          | CUSIP: 70510LAA7<br>LEI: N/A                  | Long             | DBT              |  | US        |     29000 | PA      | $29052.59     | 0.00%             | 2029-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PENN Entertainment Inc                               | PENN Entertainment Inc 2022 Term Loan B                                          | CUSIP: 70757DAZ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1020589 | PA      | $1022711.38   | 0.17%             | 2029-05-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     52000 | PA      | $53194.23     | 0.01%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    172000 | PA      | $170929.27    | 0.03%             | 2030-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    197000 | PA      | $190103.49    | 0.03%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15909.25     | 0.00%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Peraton Corp                                         | Peraton Corp Term Loan B                                                         | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   1619509 | PA      | $1379287.33   | 0.22%             | 2028-02-01      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                             | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     41000 | PA      | $39383.14     | 0.01%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                             | Performance Food Group Inc                                                       | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    152000 | PA      | $152280.74    | 0.02%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                             | Performance Food Group Inc                                                       | CUSIP: 71376LAH3<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    220000 | PA      | $212188.33    | 0.03%             | 2034-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PERIMETER HOL                                        | Perimeter Holdings LLC                                                           | CUSIP: 71384AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    196000 | PA      | $192227.08    | 0.03%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     57000 | PA      | $59023.22     | 0.01%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    301000 | PA      | $306609.44    | 0.05%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                             | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    190000 | PA      | $173361.86    | 0.03%             | 2032-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Perrigo Investments, LLC                             | Perrigo Investments LLC 2024 Term Loan B                                         | CUSIP: 71429TAF7<br>LEI: 549300POZGC78VHAAJ73 | Long             | LON              | CORP              | US        |    892201 | PA      | $885884.29    | 0.14%             | 2029-04-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                             | Phoenix Aviation Capital Ltd                                                     | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    361000 | PA      | $363270.69    | 0.06%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Parexel International Corporation                    | Parexel International Corporation 2025 Repriced Term Loan B                      | CUSIP: 71911KAF1<br>LEI: 549300GCZVUYB6P2OA17 | Long             | LON              | CORP              | US        |   3140580 | PA      | $3127483.96   | 0.51%             | 2031-12-12      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Ping Identity Corporation                            | Ping Identity Corporation 2025 Term Loan                                         | CUSIP: 72342MAB3<br>LEI: 254900DJEBSADAC6R313 | Long             | LON              | CORP              | US        |    548000 | PA      | $540465.00    | 0.09%             | 2032-11-15      | Floating      | 6.42%                 | No            |                  3 | On Loan: No      |
| Pinnacle Buyer LLC                                   | Pinnacle Buyer LLC Term Loan                                                     | CUSIP: 72349UAB8<br>LEI: 254900F51XXB8NHJPB58 | Long             | LON              | CORP              | US        |    870839 | PA      | $871108.86    | 0.14%             | 2032-10-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                | Element Solutions Inc 2026 Term Loan B                                           | CUSIP: 72766TAK5<br>LEI: 549300FLGN6P5CU20J91 | Long             | LON              | CORP              | US        |   1824588 | PA      | $1824588.45   | 0.30%             | 2030-12-18      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                                | Playtika Holding Corp                                                            | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |     21000 | PA      | $16386.30     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                    | Polaris Newco LLC USD Term Loan B                                                | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   1977637 | PA      | $1735376.73   | 0.28%             | 2028-06-02      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     36000 | PA      | $34560.17     | 0.01%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26034.72     | 0.00%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73885.70     | 0.01%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    132000 | PA      | $129255.22    | 0.02%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    189000 | PA      | $185091.65    | 0.03%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRAIRIE ACQUIROR LP                                  | Prairie Acquiror LP                                                              | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51649.30     | 0.01%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Pregis TopCo Corporation                             | Pregis TopCo Corporation 2025 Refinancing Term Loan                              | CUSIP: 74045BAG2<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |   1463966 | PA      | $1461037.97   | 0.24%             | 2029-02-01      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                             | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $20740.00     | 0.00%             | 2029-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                             | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     49000 | PA      | $26950.00     | 0.00%             | 2031-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                             | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28000 | PA      | $29036.00     | 0.00%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                         | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51374.33     | 0.01%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC                             | Proampac PG Borrower LLC 2026 USD Term Loan B                                    | CUSIP: 74274NAM5<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   1044094 | PA      | $1005723.23   | 0.16%             | 2033-03-07      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                          | Project Boost Purchaser LLC 2025 Refinancing Term Loan                           | CUSIP: 74339NAG1<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |   1675685 | PA      | $1612645.57   | 0.26%             | 2031-07-16      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                         | Cloudera Inc 2021 Term Loan                                                      | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    644031 | PA      | $571577.95    | 0.09%             | 2028-10-08      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                       | Proofpoint Inc 2025 Repriced Term Loan                                           | CUSIP: 74345HAJ0<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   3441841 | PA      | $3327124.49   | 0.54%             | 2028-08-31      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Spectris Plc                                         | Spectris Plc USD Term Loan                                                       | CUSIP: 74352DAB6<br>LEI: 213800Z4CO2CZO3M3T10 | Long             | LON              | CORP              | US        |    240000 | PA      | $240000.00    | 0.04%             | 2032-12-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| PUG LLC                                              | PUG LLC 2024 Extended Term Loan B                                                | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |   1933088 | PA      | $1898060.26   | 0.31%             | 2030-03-15      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                | Qnity Electronics Inc Term Loan B                                                | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |   2301232 | PA      | $2295479.42   | 0.37%             | 2032-11-01      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                | Qnity Electronics Inc                                                            | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    158000 | PA      | $158188.18    | 0.03%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                | Qnity Electronics Inc                                                            | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     68000 | PA      | $68757.32     | 0.01%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Quartz Acquireco LLC                                 | Quartz Acquireco LLC 2025 Term Loan B                                            | CUSIP: 74773KAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    886688 | PA      | $735950.81    | 0.12%             | 2030-06-28      | Floating      | 5.95%                 | No            |                  3 | On Loan: No      |
| QXO BUILDING PRODUCTS                                | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    452000 | PA      | $461035.93    | 0.07%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                | Quikrete Holdings Inc 2024 Term Loan B2                                          | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1004349 | PA      | $1002922.80   | 0.16%             | 2029-03-19      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                | Quikrete Holdings Inc 2025 Term Loan B                                           | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   2205720 | PA      | $2200205.70   | 0.36%             | 2032-02-10      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| QuidelOrtho Corp                                     | QuidelOrtho Corp Term Loan                                                       | CUSIP: 74840YAH7<br>LEI: 549300YU8CMO9HF53113 | Long             | LON              | CORP              | US        |   1183666 | PA      | $1181073.73   | 0.19%             | 2032-08-20      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18455.56     | 0.00%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    483000 | PA      | $489763.45    | 0.08%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    209000 | PA      | $212268.76    | 0.03%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |     39000 | PA      | $37806.45     | 0.01%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              |  | US        |    258000 | PA      | $262673.93    | 0.04%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |    224000 | PA      | $228093.82    | 0.04%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP                              | RHP Hotel Properties LP 2024 1st Lien Term Loan B                                | CUSIP: 74958NAL0<br>LEI: 549300SJMSMA2471GA96 | Long             | LON              |  | US        |    434840 | PA      | $433752.60    | 0.07%             | 2030-05-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                 | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |     74000 | PA      | $69307.37     | 0.01%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RXO INC                                              | RXO Inc                                                                          | CUSIP: 74982TAA1<br>LEI: 549300KL8CA6GP8XPM30 | Long             | DBT              | CORP              | US        |     44000 | PA      | $42218.35     | 0.01%             | 2031-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 74984CAA6<br>LEI: N/A                  | Long             | DBT              |  | US        |    201000 | PA      | $198357.59    | 0.03%             | 2034-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Radiate Holdco LLC                                   | Radiate Holdco LLC 2025 FLFO Term Loan                                           | CUSIP: 75025KAM0<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |   2806138 | PA      | $2489268.79   | 0.40%             | 2029-09-25      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO LLC                                   | Radiate Holdco LLC 2025 Term Loan                                                | CUSIP: 75025KAQ1<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |     31790 | PA      | $31736.43     | 0.01%             | 2029-06-26      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                    | Rakuten Group Inc                                                                | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $213119.61    | 0.03%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Rand Parent, LLC                                     | Rand Parent LLC 2025 Term Loan B                                                 | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1759674 | PA      | $1755397.62   | 0.28%             | 2030-03-18      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| RAND PARENT LLC                                      | Rand Parent LLC                                                                  | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $58511.93     | 0.01%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                       | Raven Acquisition Holdings LLC Term Loan B                                       | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    505664 | PA      | $495459.96    | 0.08%             | 2031-11-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| RealPage Inc                                         | RealPage Inc 1st Lien Term Loan                                                  | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   1632972 | PA      | $1561709.19   | 0.25%             | 2028-04-24      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL EST/CO-ISS                             | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $80111.28     | 0.01%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ANYWHERE RE GRP/REALOGY                              | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $44585.69     | 0.01%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Legence Holdings LLC                                 | Legence Holdings LLC 2025 Repriced Term Loan B                                   | CUSIP: 75865HAM0<br>LEI: 2549003DYOLJRQR9G070 | Long             | LON              | CORP              | US        |   1256688 | PA      | $1258258.63   | 0.20%             | 2031-12-16      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| RESILIENCE PARENT LLC                                | Resilience Parent LLC 1st Lien Term Loan                                         | CUSIP: 75908HAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1942000 | PA      | $1930464.52   | 0.31%             | 2033-02-28      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                 | LifePoint Health Inc 2024 1st Lien Term Loan B                                   | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1054958 | PA      | $1054693.86   | 0.17%             | 2031-05-19      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Resideo Funding Inc                                  | Resideo Funding Inc 2025 Incremental Term Loan                                   | CUSIP: 76090LAM6<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |   1010920 | PA      | $1007129.05   | 0.16%             | 2032-08-13      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                  | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17010.66     | 0.00%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                  | Resideo Funding Inc                                                              | CUSIP: 76119LAD3<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |    129000 | PA      | $127100.68    | 0.02%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware Inc                             | Restoration Hardware Inc 2022 Incremental Term Loan                              | CUSIP: 76133MAC5<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |    278780 | PA      | $276630.69    | 0.04%             | 2028-10-20      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Zurn Holdings Inc                                    | Zurn Holdings Inc 2021 Term Loan B                                               | CUSIP: 76168JAS5<br>LEI: 549300XLZXRC2KJ6VK87 | Long             | LON              | CORP              | US        |     97822 | PA      | $98188.65     | 0.02%             | 2028-10-04      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Reynolds Consumer Products LLC                       | Reynolds Consumer Products LLC 2025 Term Loan B                                  | CUSIP: 76171JAE1<br>LEI: 549300DWNZYMOSR1X343 | Long             | LON              | CORP              | US        |    243825 | PA      | $244495.04    | 0.04%             | 2032-03-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Ring Container Technologies Group, LLC               | Ring Container Technologies Group LLC 2025 Term Loan B                           | CUSIP: 76680YAJ1<br>LEI: 254900MFUG4RPN6Y4A98 | Long             | LON              | CORP              | US        |   1116184 | PA      | $1104184.55   | 0.18%             | 2032-09-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                                    | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $42676.29     | 0.01%             | 2033-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| RIVERS ENT BORROWER LLC                              | Rivers Enterprise Borrower LLC                                                   | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $44886.43     | 0.01%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RIVIAN HLD/AUTO LLC                                  | Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC                             | CUSIP: 76954LAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73000 | PA      | $70932.30     | 0.01%             | 2031-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDIN                             | TGNR Intermediate Holdings LLC                                                   | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |    135000 | PA      | $131996.53    | 0.02%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    502000 | PA      | $506631.95    | 0.08%             | 2030-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $283008.32    | 0.05%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    172000 | PA      | $173935.93    | 0.03%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164000 | PA      | $169040.21    | 0.03%             | 2032-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $74188.69     | 0.01%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $8067.30      | 0.00%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                             | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13650.90     | 0.00%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Roper Industrial Products Investment Company LLC     | Roper Industrial Products Investment Company LLC 2026 USD Term Loan B            | CUSIP: 77669LAL7<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |    789492 | PA      | $788726.04    | 0.13%             | 2029-11-22      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty Group LLC                             | Ryan Specialty Group LLC 2024 USD Term Loan B                                    | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |   1739061 | PA      | $1734713.14   | 0.28%             | 2031-09-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                                       | Ryan Specialty LLC                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    265000 | PA      | $261916.62    | 0.04%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SBA Senior Finance II LLC                            | SBA Senior Finance II LLC 2024 Term Loan B                                       | CUSIP: 78404XAJ4<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |   1342093 | PA      | $1346011.54   | 0.22%             | 2031-01-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                              | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    150000 | PA      | $142135.62    | 0.02%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    218000 | PA      | $217384.07    | 0.04%             | 2034-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                                | SS&C Technologies Inc                                                            | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    254000 | PA      | $254008.64    | 0.04%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                                | SS&C Technologies Inc 2024 Term Loan B8                                          | CUSIP: 78466DBJ2<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |   2689106 | PA      | $2678511.38   | 0.43%             | 2031-05-09      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| State Street Blackstone Senior Loan ETF              | State Street Blackstone Senior Loan ETF                                          | CUSIP: 78467V608<br>LEI: 549300ME4SR63Y3TRD06 | Long             | EC               | RF                | US        |    235000 | NS      | $9432900.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SeaWorld Parks & Entertainment Inc                   | SeaWorld Parks & Entertainment Inc 2024 Term Loan B3                             | CUSIP: 78488CAL4<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |    457464 | PA      | $450601.79    | 0.07%             | 2031-12-04      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| SV RNO PROPERTY OWNER 1                              | SV RNO Property Owner 1 LLC                                                      | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    812000 | PA      | $802655.96    | 0.13%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Springs Windows Fashions LLC                         | Springs Windows Fashions LLC 2024 FLFO A1 Term Loan                              | CUSIP: 78489HAG3<br>LEI: 5493000CMZKPQ7BKPB20 | Long             | LON              | CORP              | US        |    153132 | PA      | $151600.93    | 0.02%             | 2029-12-19      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| SWF HOLDINGS I CORP                                  | SWF Holdings I Corp                                                              | CUSIP: 78500CAA2<br>LEI: 5493000CMZKPQ7BKPB20 | Long             | DBT              | CORP              | US        |    285056 | PA      | $102620.16    | 0.02%             | 2029-10-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                               | Sable International Finance Ltd                                                  | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $196821.66    | 0.03%             | 2032-10-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                       | Sabre GLBL Inc 2024 Term Loan B1                                                 | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2029-11-15      | Floating      | 9.78%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                       | Sabre GLBL Inc 2025 Term Loan B1                                                 | CUSIP: 78571YBM1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2029-07-30      | Floating      | 10.01%                | No            |                  2 | On Loan: No      |
| SABRE FINANCIAL BORROWER                             | Sabre Financial Borrower LLC                                                     | CUSIP: 78573XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    261000 | PA      | $267087.30    | 0.04%             | 2029-06-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| SANMINA CORP                                         | Sanmina Corp Term Loan B                                                         | CUSIP: 80105GAP5<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | LON              | CORP              | US        |   1032000 | PA      | $1030710.00   | 0.17%             | 2032-10-27      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| Savor Acquisition, Inc.                              | Savor Acquisition Inc Term Loan B                                                | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     60847 | PA      | $60858.07     | 0.01%             | 2032-02-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| SAZERAC COMPANY INC                                  | Sazerac Company Inc Repriced Term Loan B                                         | CUSIP: 80583EAP1<br>LEI: 9QU0CG1O4LSOB6IFK895 | Long             | LON              | CORP              | US        |    489148 | PA      | $488467.58    | 0.08%             | 2032-07-09      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT                             | Science Applications International Corp                                          | CUSIP: 808625AB3<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    207000 | PA      | $202005.79    | 0.03%             | 2033-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                             | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152000 | PA      | $130761.36    | 0.02%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International, Inc.                 | Light and Wonder International Inc 2026 Term Loan B                              | CUSIP: 80875AAY7<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |    975353 | PA      | $974543.90    | 0.16%             | 2029-04-16      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                         | Scientific Games Holdings LP 2024 USD Term Loan B                                | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |    931362 | PA      | $916487.89    | 0.15%             | 2029-04-04      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AS5<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4887.87      | 0.00%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     97000 | PA      | $90594.48     | 0.01%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                                    | Seagate Data Storage Technology Pte Ltd                                          | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    172000 | PA      | $174827.68    | 0.03%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd              | SEAGATE DATA STOR                                                                | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     54000 | PA      | $56710.15     | 0.01%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd              | SEAGATE DATA STOR                                                                | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     76000 | PA      | $79681.90     | 0.01%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                                    | Seagate Data Storage Technology Pte Ltd                                          | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     29000 | PA      | $28891.24     | 0.00%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                      | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15112.50     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                      | Sealed Air Corp                                                                  | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     94000 | PA      | $98602.19     | 0.02%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc              | Sedgwick Claims Management Services Inc 2023 Term Loan B                         | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |   3175132 | PA      | $3113344.01   | 0.50%             | 2031-07-31      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                              | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     36000 | PA      | $34738.55     | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                     | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    243000 | PA      | $232389.02    | 0.04%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                             | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    145000 | PA      | $134490.43    | 0.02%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                             | Sensata Technologies Inc                                                         | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203996.80    | 0.03%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                    | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1845.24      | 0.00%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                    | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45674.64     | 0.01%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                    | Service Corp International/US                                                    | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    389000 | PA      | $388251.64    | 0.06%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                             | Service Properties Trust                                                         | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    645000 | PA      | $673587.69    | 0.11%             | 2031-11-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                             | Service Properties Trust                                                         | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    101000 | PA      | $100104.95    | 0.02%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                             | Service Properties Trust                                                         | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     83000 | PA      | $75513.01     | 0.01%             | 2027-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                              | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $373671.12    | 0.06%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC                                  | Shift4 Payments LLC 2025 Repriced Term Loan B                                    | CUSIP: 82453JAC2<br>LEI: 254900GTEMR7L40VPI74 | Long             | LON              | CORP              | US        |    587528 | PA      | $585694.41    | 0.09%             | 2032-07-03      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                             | Sinclair Television Group Inc                                                    | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    169000 | PA      | $171799.49    | 0.03%             | 2033-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19972.08     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51158.83     | 0.01%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN                             | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC    | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $42067.76     | 0.01%             | 2032-01-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                             | Snap Inc                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236067.55    | 0.04%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                             | Snap Inc                                                                         | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    254000 | PA      | $238904.48    | 0.04%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials Inc                      | Solstice Advanced Materials Inc Term Loan B                                      | CUSIP: 83443PAC9<br>LEI: 2138004GZ4H9TW6HK435 | Long             | LON              | CORP              | US        |    841000 | PA      | $844506.97    | 0.14%             | 2032-10-29      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI                             | Solstice Advanced Materials Inc                                                  | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    196000 | PA      | $193264.27    | 0.03%             | 2033-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S/BIDFAIR HLD                                | Sotheby's/Bidfair Holdings Inc                                                   | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    202000 | PA      | $189649.24    | 0.03%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sotera Health Holdings LLC                           | Sotera Health Holdings LLC 2025 Term Loan B                                      | CUSIP: 83600VAH4<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |   1872441 | PA      | $1872441.34   | 0.30%             | 2031-05-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HLDGS LLC                              | Sotera Health Holdings LLC                                                       | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    175000 | PA      | $180770.28    | 0.03%             | 2031-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Sparta US HoldCo LLC                                 | Sparta US HoldCo LLC 2024 Term Loan B                                            | CUSIP: 84673EAE9<br>LEI: 5493004EFF9NBQ1A8453 | Long             | LON              | CORP              | US        |   1984861 | PA      | $1981308.43   | 0.32%             | 2030-08-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67501.91     | 0.01%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     63000 | PA      | $62712.76     | 0.01%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    192000 | PA      | $193753.15    | 0.03%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    108000 | PA      | $107403.20    | 0.02%             | 2030-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    228000 | PA      | $224234.24    | 0.04%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                             | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8932.12      | 0.00%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                             | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    219000 | PA      | $219113.22    | 0.04%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                             | Standard Building Solutions Inc                                                  | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    293000 | PA      | $289705.35    | 0.05%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                             | Standard Building Solutions Inc                                                  | CUSIP: 853192AA0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    104000 | PA      | $100275.67    | 0.02%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                             | Standard Industries Inc/NY                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    141000 | PA      | $132901.65    | 0.02%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                             | Standard Industries Inc/NY                                                       | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30476.46     | 0.00%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Standard Industries Inc                              | Standard Industries Inc 2021 Term Loan B                                         | CUSIP: 85350EAB2<br>LEI: 54930064UHXCIUWVI755 | Long             | LON              | CORP              | US        |    443949 | PA      | $442901.03    | 0.07%             | 2028-09-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                          | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41616.87     | 0.01%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| STAR HOLDING LLC                                     | Star Holding LLC                                                                 | CUSIP: 85513AAA6<br>LEI: 254900BDGPE9N1WAKD59 | Long             | DBT              | CORP              | US        |    127000 | PA      | $128845.95    | 0.02%             | 2031-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                      | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    296000 | PA      | $306656.30    | 0.05%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     43000 | PA      | $44274.05     | 0.01%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     21000 | PA      | $20959.27     | 0.00%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     10000 | PA      | $10212.69     | 0.00%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    182000 | PA      | $184586.95    | 0.03%             | 2030-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                  | Station Casinos LLC                                                              | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67629.51     | 0.01%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                  | Station Casinos LLC                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    112000 | PA      | $104573.28    | 0.02%             | 2031-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                  | Station Casinos LLC                                                              | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33128.04     | 0.01%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                  | Station Casinos LLC 2024 Term Loan B                                             | CUSIP: 85769EBB6<br>LEI: 5493004E7Q60TX54WL62 | Long             | LON              | CORP              | US        |   1864551 | PA      | $1862462.64   | 0.30%             | 2031-03-14      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| STL HOLDING CO LLC                                   | STL Holding Co LLC                                                               | CUSIP: 861036AB7<br>LEI: 984500BC2I63E7F48656 | Long             | DBT              | CORP              | US        |     31000 | PA      | $32027.19     | 0.01%             | 2029-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                            | Stonepeak Nile Parent LLC 2025 Term Loan B                                       | CUSIP: 86184XAD6<br>LEI: 254900TJV3VAFZD0GU41 | Long             | LON              | CORP              | US        |    663476 | PA      | $661697.92    | 0.11%             | 2032-04-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT                                | Stonepeak Nile Parent LLC                                                        | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31202.91     | 0.01%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                             | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     29000 | PA      | $27285.47     | 0.00%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Summit Acquisition Inc                               | Summit Acquisition Inc 2025 Add-on Term Loan                                     | CUSIP: 86600DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    107730 | PA      | $107460.68    | 0.02%             | 2031-10-16      | Floating      | 7.17%                 | No            |                  3 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48209.14     | 0.01%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    602000 | PA      | $614657.65    | 0.10%             | 2030-09-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39816.53     | 0.01%             | 2031-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     83000 | PA      | $82083.17     | 0.01%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAL3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45705.02     | 0.01%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc                          | Surgery Center Holdings Inc 2025 Term Loan B                                     | CUSIP: 86880NBD4<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |   1307258 | PA      | $1306630.42   | 0.21%             | 2030-12-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                              | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    667000 | PA      | $655109.58    | 0.11%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sycamore Tree CLO Ltd                                | Sycamore Tree CLO 2023-3 Ltd                                                     | CUSIP: 87122FAW6<br>LEI: 5493000NGQSA68NFD567 | Long             | ABS-CBDO         | CORP              | KY        |   1590000 | PA      | $1569431.92   | 0.25%             | 2037-04-20      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Star Parent Inc                                      | Star Parent Inc Term Loan B                                                      | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |   1238662 | PA      | $1223401.77   | 0.20%             | 2030-09-27      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                     | Symphony CLO 40 Ltd                                                              | CUSIP: 871989AV1<br>LEI: 25490001HYY3IX1I5Z32 | Long             | ABS-CBDO         | CORP              | BM        |   1000000 | PA      | $991171.10    | 0.16%             | 2038-01-05      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| TMK Hawk Parent Corp                                 | TMK Hawk Parent Corp 2024 Term Loan B                                            | CUSIP: 87258WAV7<br>LEI: 5493005BF4TIZRN1TY89 | Long             | LON              | CORP              | US        |   1937506 | PA      | $881565.26    | 0.14%             | 2029-07-02      | Floating      | 7.67%                 | No            |                  3 | On Loan: No      |
| TMK Hawk Parent Corp                                 | TMK Hawk Parent Corp 2024 PIK Term Loan                                          | CUSIP: 87258WAW5<br>LEI: 5493005BF4TIZRN1TY89 | Long             | LON              | CORP              | US        |     67940 | PA      | $0.01         | 0.00%             | 2031-12-15      | Fixed         | 11.00%                | No            |                  3 | On Loan: No      |
| T-MOBILE USA INC                                     | T-Mobile USA Inc                                                                 | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64931.24     | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                     | T-Mobile USA Inc                                                                 | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24590.24     | 0.00%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                              | Talen Energy Supply LLC 2024-1 Incremental Term Loan                             | CUSIP: 87422LAY6<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    604350 | PA      | $604851.61    | 0.10%             | 2031-12-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                              | Talen Energy Supply LLC 2025 Term Loan B                                         | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   1228920 | PA      | $1228698.79   | 0.20%             | 2032-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                              | Talen Energy Supply LLC                                                          | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     22000 | PA      | $23079.69     | 0.00%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                              | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $34703.92     | 0.01%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                              | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $31578.22     | 0.01%             | 2031-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                              | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149000 | PA      | $153281.81    | 0.02%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                 | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAK8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39034.13     | 0.01%             | 2032-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                             | Team Health Holdings Inc 2026 Repriced Term Loan B                               | CUSIP: 87817JAJ7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |    470451 | PA      | $468098.67    | 0.08%             | 2028-06-30      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                               | Telecom Italia Capital SA                                                        | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    141000 | PA      | $157029.87    | 0.03%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTL INC                                  | Somnigroup International Inc                                                     | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     89000 | PA      | $85587.09     | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTL INC                                  | Somnigroup International Inc                                                     | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     23000 | PA      | $20910.53     | 0.00%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Somnigroup International Inc                         | Somnigroup International Inc Term Loan B                                         | CUSIP: 88025BAP6<br>LEI: 549300HFEKVR3US71V91 | Long             | LON              | CORP              | US        |    375836 | PA      | $376463.82    | 0.06%             | 2031-10-24      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    380000 | PA      | $388410.54    | 0.06%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    101000 | PA      | $102196.45    | 0.02%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDW7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65391.26     | 0.01%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                          | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    226000 | PA      | $225196.19    | 0.04%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Tenneco Inc                                          | Tenneco Inc 2022 Term Loan B                                                     | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |   1361000 | PA      | $1324566.03   | 0.21%             | 2028-11-17      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                           | Terex Corp                                                                       | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    133000 | PA      | $133866.93    | 0.02%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                              | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    130000 | PA      | $128742.90    | 0.02%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                        | Vistra Operations Company LLC 1st Lien Term Loan B3                              | CUSIP: 88233FAK6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | LON              | CORP              | US        |   1468934 | PA      | $1470314.86   | 0.24%             | 2030-12-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Associated Materials Inc                             | Associated Materials Inc 2022 Term Loan B                                        | CUSIP: 88607CAB1<br>LEI: 254900KM84WNG9539P42 | Long             | LON              | CORP              | US        |    428403 | PA      | $351290.11    | 0.06%             | 2029-03-08      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                             | Cloud Software Group Inc 2025 Term Loan B (2031)                                 | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   2698999 | PA      | $2464186.14   | 0.40%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                             | Cloud Software Group Inc 2025 Term Loan B (2032)                                 | CUSIP: 88632NBL3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   3554737 | PA      | $3241777.72   | 0.53%             | 2032-08-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    559000 | PA      | $545343.80    | 0.09%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC                                        | Tidewater Inc                                                                    | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |     65000 | PA      | $69246.58     | 0.01%             | 2030-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                      | Trans Union LLC 2024 Term Loan B8                                                | CUSIP: 89334GBF0<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |   1863532 | PA      | $1852220.70   | 0.30%             | 2031-06-24      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                      | Trans Union LLC 2024 Term Loan B9                                                | CUSIP: 89334GBG8<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |    974078 | PA      | $967873.39    | 0.16%             | 2031-06-24      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                                       | TransAlta Corp                                                                   | CUSIP: 89346DAL1<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |     78000 | PA      | $77475.01     | 0.01%             | 2034-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    129000 | PA      | $130566.06    | 0.02%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    134000 | PA      | $136500.84    | 0.02%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    245000 | PA      | $249868.15    | 0.04%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    382000 | PA      | $381785.55    | 0.06%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    437000 | PA      | $434670.05    | 0.07%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61672.89     | 0.01%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    776000 | PA      | $786169.48    | 0.13%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    435000 | PA      | $427840.94    | 0.07%             | 2034-07-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                        | TransDigm Inc 2023 Term Loan J                                                   | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   4081439 | PA      | $4080990.08   | 0.66%             | 2031-02-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                        | TransDigm Inc 2024 Term Loan L                                                   | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    830355 | PA      | $830089.30    | 0.13%             | 2032-01-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                        | TransDigm Inc 2025 Term Loan M                                                   | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   2989975 | PA      | $2989257.41   | 0.48%             | 2032-08-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                        | TransDigm Inc 2025 Term Loan K                                                   | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     97254 | PA      | $97228.16     | 0.02%             | 2030-03-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc 2026 Term Loan N                                                   | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    559000 | PA      | $559106.21    | 0.09%             | 2033-02-13      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransMontaigne Operating Company LP                  | TransMontaigne Operating Company LP Term Loan B                                  | CUSIP: 89376WAH1<br>LEI: 549300V4T155OZCUJ734 | Long             | LON              | CORP              | US        |    515911 | PA      | $514750.55    | 0.08%             | 2030-03-16      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE PARTNERS                              | TransMontaigne Partners LLC                                                      | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $15164.12     | 0.00%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     57000 | PA      | $60904.50     | 0.01%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     32900 | PA      | $34222.35     | 0.01%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     15000 | PA      | $15498.81     | 0.00%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     91000 | PA      | $95440.62     | 0.02%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                  | TREEHOUSE FOODS INC 2026 TERM LOAN B                                             | CUSIP: 89468XAX3<br>LEI: 5493007M7EVHE470Q576 | Long             | LON              | CORP              | US        |    984000 | PA      | $978263.28    | 0.16%             | 2033-02-11      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corporation                             | Primo Brands Corporation 2025 Term Loan B                                        | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    821805 | PA      | $822084.47    | 0.13%             | 2028-03-31      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    180000 | PA      | $188330.94    | 0.03%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TURQUOISE TOPCO LTD                                  | Turquoise Topco Ltd Term Loan B                                                  | CUSIP: 89776TAB7<br>LEI: 254900RI25V4FBT02P38 | Long             | LON              | CORP              | US        |    954000 | PA      | $922403.52    | 0.15%             | 2032-12-30      | Floating      | 3.89%                 | No            |                  2 | On Loan: No      |
| RealTruck Group Inc                                  | RealTruck Group Inc 2021 Term Loan B                                             | CUSIP: 89778PAG2<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |    192350 | PA      | $129055.07    | 0.02%             | 2028-01-31      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| RealTruck Group Inc                                  | RealTruck Group Inc 2023 Incremental Term Loan                                   | CUSIP: 89778PAH0<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |    493655 | PA      | $336919.22    | 0.05%             | 2028-01-31      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                        | Truist Insurance Holdings LLC 2nd Lien Term Loan                                 | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    475789 | PA      | $470289.34    | 0.08%             | 2032-05-06      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                        | Truist Insurance Holdings LLC 2024 Term Loan B                                   | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3455508 | PA      | $3402604.23   | 0.55%             | 2031-05-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                              | UKG Inc 2024 Term Loan B                                                         | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   2699176 | PA      | $2575364.88   | 0.42%             | 2031-02-10      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                        | Coherent Corp                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44137.03     | 0.01%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                         | UBS Group AG                                                                     | CUSIP: 902613BE7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $225247.80    | 0.04%             | 2033-11-13      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                         | UBS Group AG                                                                     | CUSIP: 902613BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $206084.20    | 0.03%             | 2031-04-12      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                         | UBS Group AG                                                                     | CUSIP: 902613BS6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $194415.59    | 0.03%             | 2035-02-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TKO Worldwide Holdings LLC                           | TKO Worldwide Holdings LLC 2025 Term Loan                                        | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |   4055658 | PA      | $4050466.56   | 0.66%             | 2031-11-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| UKG INC                                              | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |    242000 | PA      | $236510.33    | 0.04%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                         | US Foods Inc                                                                     | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41390.70     | 0.01%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRAVELPORT                                           | TRAVELPORT                                                                       | CUSIP: 000000000<br>LEI: IO4AG7EXK7ETMHT8ZR57 | Long             | EC               | CORP              | US        |       230 | NS      | $236828.70    | 0.04%             |  |  |  | No            |                  3 | On Loan: No      |
| LEARFIELD COMMUNICATIONS LLC                         | LEARFIELD COMMUNICATIONS LLC                                                     | CUSIP: 000000000<br>LEI: 549300177GK4LMS8T214 | Long             | EC               | CORP              | US        |      2526 | NS      | $282912.00    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| USI INC/NY                                           | USI Inc/NY                                                                       | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |    232000 | PA      | $235052.89    | 0.04%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Axalta Coating Systems U.S. Holdings, Inc.           | Axalta Coating Systems US Holdings Inc 2024 Term Loan B7                         | CUSIP: 90347BAP3<br>LEI: 549300NZ43V4QV4UGN28 | Long             | LON              | CORP              | US        |    895024 | PA      | $895256.89    | 0.15%             | 2029-12-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| US Foods Inc                                         | US Foods Inc 2024 1st Lien Term Loan B                                           | CUSIP: 90351HAG3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | LON              | CORP              | US        |    616200 | PA      | $620476.43    | 0.10%             | 2031-10-03      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| USI Inc                                              | USI Inc 2024 Term Loan C                                                         | CUSIP: 90351NAQ8<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |   1748922 | PA      | $1742363.81   | 0.28%             | 2030-09-29      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| USI Inc                                              | USI Inc 2024 Term Loan D                                                         | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |   3597823 | PA      | $3586598.05   | 0.58%             | 2029-11-21      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                     | UWM Holdings LLC                                                                 | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    164000 | PA      | $154680.18    | 0.03%             | 2030-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                     | UWM Holdings LLC                                                                 | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    233000 | PA      | $212189.72    | 0.03%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    330000 | PA      | $327204.27    | 0.05%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                              | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    231000 | PA      | $223157.18    | 0.04%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                  | United Airlines Inc 2026 Term Loan B                                             | CUSIP: 90932RAQ7<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |   1202426 | PA      | $1197171.12   | 0.19%             | 2031-02-22      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS                             | United Airlines Holdings Inc                                                     | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |    112000 | PA      | $109683.47    | 0.02%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TURBO CAYMAN LIMITED WARRANTS EQUITY WARRANT EXP     | TURBO CAYMAN LIMITED WARRANTS EQUITY WARRANT EXP                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | KY        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| UNITED NATURAL FOODS INC                             | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50039.40     | 0.01%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                              | United Rentals North America Inc                                                 | CUSIP: 911365BS2<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194475.92    | 0.03%             | 2033-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                              | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     23000 | PA      | $21633.26     | 0.00%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                              | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $30108.39     | 0.00%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                              | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    293000 | PA      | $298416.33    | 0.05%             | 2032-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    403000 | PA      | $409041.78    | 0.07%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    306000 | PA      | $307493.28    | 0.05%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     68000 | PA      | $70081.83     | 0.01%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| PG INVESTMENT COMPANY 59 SA RL                       | PG Investment Company 59 Sa rl 2025 Repriced Term Loan B                         | CUSIP: 91728NAD1<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | LU        |    542530 | PA      | $542047.43    | 0.09%             | 2031-03-26      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                             | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76000 | PA      | $77761.39     | 0.01%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                             | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    317000 | PA      | $316003.04    | 0.05%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UTZ Quality Foods LLC                                | UTZ Quality Foods LLC 2025 Term Loan B                                           | CUSIP: 91809EAG6<br>LEI: 549300K2HU2ISL0R2Q75 | Long             | LON              | CORP              | US        |    480882 | PA      | $480280.89    | 0.08%             | 2032-01-29      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| VS Buyer LLC                                         | VS Buyer LLC 2025 Term Loan B                                                    | CUSIP: 91834WAG5<br>LEI: 254900G5QLDMHSCYJK25 | Long             | LON              | CORP              | US        |   2352463 | PA      | $2293651.73   | 0.37%             | 2031-04-12      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                     | Vail Resorts Inc                                                                 | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     76000 | PA      | $76856.52     | 0.01%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                     | Vail Resorts Inc                                                                 | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     59000 | PA      | $58511.92     | 0.01%             | 2030-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                          | Valaris Ltd                                                                      | CUSIP: 91889FAC5<br>LEI: 5299008BQ9IREYWBTS30 | Long             | DBT              | CORP              | BM        |     59000 | PA      | $61135.27     | 0.01%             | 2030-04-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VALLOUREC SACA                                       | Vallourec SACA                                                                   | CUSIP: 92023RAA8<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $209602.60    | 0.03%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     62000 | PA      | $68150.65     | 0.01%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    141000 | PA      | $158029.70    | 0.03%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    271000 | PA      | $282502.40    | 0.05%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    470000 | PA      | $497801.44    | 0.08%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    228000 | PA      | $234481.13    | 0.04%             | 2030-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NM HOLDINGS CO LLC                                   | NM Holdings Co LLC                                                               | CUSIP: 92326YAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5125000 | PA      | $0.51         | 0.00%             | 2005-07-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    333000 | PA      | $346311.79    | 0.06%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    323000 | PA      | $349258.09    | 0.06%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    485000 | PA      | $520884.18    | 0.08%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    426000 | PA      | $424315.67    | 0.07%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO                                 | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |     41000 | PA      | $42609.17     | 0.01%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                              | Versant Media Group Inc                                                          | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44006.24     | 0.01%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                             | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |    781000 | PA      | $769110.78    | 0.12%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                             | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199477.20    | 0.03%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                  | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29085.15     | 0.00%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                   | Viking Cruises Ltd                                                               | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     13000 | PA      | $13023.91     | 0.00%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                   | Viking Cruises Ltd                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    177000 | PA      | $186725.27    | 0.03%             | 2031-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                   | Viking Cruises Ltd                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    273000 | PA      | $269536.13    | 0.04%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES SHI                             | Viking Ocean Cruises Ship VII Ltd                                                | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     27000 | PA      | $26959.21     | 0.00%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                          | Vistra Corp                                                                      | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44466.40     | 0.01%             | 2026-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                          | Vistra Corp                                                                      | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    301000 | PA      | $301385.87    | 0.05%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    121000 | PA      | $126745.28    | 0.02%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     82000 | PA      | $84865.68     | 0.01%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Vizient Inc                                          | Vizient Inc 2024 Term Loan B                                                     | CUSIP: 92855LAR7<br>LEI: 5493007V6T3HZ7777P70 | Long             | LON              | CORP              | US        |    300523 | PA      | $300053.88    | 0.05%             | 2031-08-01      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                     | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $171767.82    | 0.03%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                     | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $172073.26    | 0.03%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VOLTAGRID LLC                                        | VoltaGrid LLC                                                                    | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |    552000 | PA      | $570110.57    | 0.09%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                   | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |     92000 | PA      | $95515.69     | 0.02%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                   | Voyager Parent LLC Repriced Term Loan B                                          | CUSIP: 92921HAD7<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |   1032816 | PA      | $1024636.57   | 0.17%             | 2032-07-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1323000 | PA      | $1216788.81   | 0.20%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    128000 | PA      | $128330.24    | 0.02%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    190000 | PA      | $185127.51    | 0.03%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAH4<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    112000 | PA      | $108771.60    | 0.02%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WR Grace & Co-Conn                                   | WR Grace & Co-Conn 2025 Term Loan B                                              | CUSIP: 92943HAD1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | LON              | CORP              | US        |   1540063 | PA      | $1533009.50   | 0.25%             | 2032-08-19      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings Ltd                                  | WEC US Holdings Ltd 2024 Term Loan                                               | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |   2631709 | PA      | $2625945.88   | 0.43%             | 2031-01-27      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| LUXCO3 SHARES                                        | LUXCO3 SHARES                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     11960 | NS      | $199065.15    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MILLENNIUM LENDER CLAIM T                            | MILLENNIUM LENDER CLAIM T 12/49 ZCP                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1155735 | PA      | $0.12         | 0.00%             | 2049-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| TEXAS COMPETITIVE ELECTRIC HOL                       | Texas Competitive Electric HOL Corp Bond                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2375000 | PA      | $0.24         | 0.00%             | 2021-11-10      | Floating      | 5.03%                 | No            |                  3 | On Loan: No      |
| WALKER & DUNLOP INC                                  | Walker & Dunlop Inc                                                              | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     37000 | PA      | $36174.19     | 0.01%             | 2033-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                            | BlackRock Liquidity Funds: T-Fund, Institutional Shares                          | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |    147572 | NS      | $147572.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIFORGE GROUP INC COMMON STOCK                    | AMERIFORGE GROUP INC COMMON STOCK                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1664 | NS      | $0.02         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Banco Espirito Santo SA                              | BANCO ESPIRITO SANTO SA SR UNSECURED REGS 01/18 4.75                             | CUSIP: 000000000<br>LEI: 635400JV7IJL16OWIT96 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $50857.41     | 0.01%             | 2022-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3 Inc                                     | Wand NewCo 3 Inc 2025 Repriced Term Loan B                                       | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |   1824017 | PA      | $1806925.76   | 0.29%             | 2031-01-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                     | Wand NewCo 3 Inc                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    225000 | PA      | $230061.82    | 0.04%             | 2032-01-30      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Banco Espirito Santo SA                              | BANCO ESPIRITO SANTO SA                                                          | CUSIP: 000000000<br>LEI: 635400JV7IJL16OWIT96 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $25428.70     | 0.00%             | 2022-01-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CoreLogic Inc                                        | CoreLogic Inc 2nd Lien Term Loan                                                 | CUSIP: 000000000<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    488000 | PA      | $453537.44    | 0.07%             | 2029-06-04      | Floating      | 10.28%                | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                    | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    624000 | PA      | $631020.62    | 0.10%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                             | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $26702.39     | 0.00%             | 2032-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| OLA Netherlands B.V.                                 | OLA Netherlands BV Term Loan                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    714803 | PA      | $709442.28    | 0.11%             | 2026-12-15      | Floating      | 10.02%                | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc   | Element Materials Technology Group US Holdings Inc 2022 USD Term Loan            | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |    665391 | PA      | $666642.38    | 0.11%             | 2029-07-06      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                             | Weatherford International Ltd                                                    | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    214000 | PA      | $218658.57    | 0.04%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Weber-Stephen Products LLC                           | Weber-Stephen Products LLC 2025 Term Loan B                                      | CUSIP: 94767KAR2<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |   1428000 | PA      | $1393014.00   | 0.23%             | 2032-10-01      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC/ FINAN                             | Weekley Homes LLC / Weekley Finance Corp                                         | CUSIP: 948565AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $59380.31     | 0.01%             | 2034-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WOOF Holdings Inc                                    | WOOF Holdings Inc 2025 Second Out Exchange Term Loan                             | CUSIP: 95004UAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    127850 | PA      | $17131.94     | 0.00%             | 2029-12-31      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74369.63     | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     73000 | PA      | $72564.26     | 0.01%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    116000 | PA      | $114242.48    | 0.02%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SERVICE KING (CARNELIAN POINT)                       | SERVICE KING (CARNELIAN POINT)                                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |      2435 | NS      | $0.02         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SIRVA BGRS HOLDINGS INC                              | SIRVA BGRS HOLDINGS INC                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1661 | NS      | $1059.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SIRVA BGRS HOLDINGS PREFERRED                        | SIRVA BGRS HOLDINGS PREFERRED                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       382 | NS      | $66794.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SVP SINGER                                           | SVP SINGER                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15566 | NS      | $70047.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HEARTHSIDE EQUITY                                    | HEARTHSIDE EQUITY                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8393 | NS      | $155270.50    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AIMBRIDGE                                            | AIMBRIDGE                                                                        | CUSIP: 000000000<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | EC               | CORP              | US        |      6044 | NS      | $271965.60    | 0.04%             |  |  |  | No            |                  3 | On Loan: No      |
| VERITAS SERIES G 1 PREFERRED                         | VERITAS SERIES G 1 PREFERRED                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1301 | NS      | $24719.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| WEX INC                                              | WEX Inc                                                                          | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    176000 | PA      | $172404.65    | 0.03%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WEX Inc                                              | WEX Inc 2024 Term Loan B2                                                        | CUSIP: 96208UAW1<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | LON              | CORP              | US        |    320927 | PA      | $319123.69    | 0.05%             | 2028-03-31      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| WEX Inc                                              | WEX Inc 2025 Incremental Term Loan B                                             | CUSIP: 96208UAX9<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | LON              | CORP              | US        |    420750 | PA      | $416542.50    | 0.07%             | 2032-03-05      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Whatabrands LLC                                      | Whatabrands LLC 2024 1st Lien Term Loan B                                        | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |    842559 | PA      | $840604.22    | 0.14%             | 2028-08-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| MILLENNIUM CORP CLAIM                                | MILLENNIUM CORP CLAIM CORPORATE TRUST CLAIMS                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1084394 | PA      | $0.11         | 0.00%             | 2049-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| White Cap Buyer LLC                                  | White Cap Buyer LLC 2024 Term Loan B                                             | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |   3652340 | PA      | $3504894.59   | 0.57%             | 2029-10-19      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING                             | White Cap Supply Holdings LLC                                                    | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |    855000 | PA      | $829343.84    | 0.13%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Whitewater Matterhorn Holdings LLC                   | Whitewater Matterhorn Holdings LLC 2026 Term Loan B                              | CUSIP: 96618PAC0<br>LEI: 2138009J7G187M6C4Q91 | Long             | LON              | CORP              | US        |    867380 | PA      | $861958.88    | 0.14%             | 2032-06-16      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| WILDFIRE INTERMEDIATE HO                             | Wildfire Intermediate Holdings LLC                                               | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |    178000 | PA      | $180361.70    | 0.03%             | 2029-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VERITAS SERIES G PREFERRED STO                       | VERITAS SERIES G PREFERRED STO                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1882 | NS      | $35762.75     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                | Williams Scotsman Inc                                                            | CUSIP: 96949VAL7<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    169000 | PA      | $173288.88    | 0.03%             | 2031-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71798.33     | 0.01%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                | Williams Scotsman Inc                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    188000 | PA      | $190968.33    | 0.03%             | 2030-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Wilsonart LLC                                        | Wilsonart LLC 2024 Term Loan B                                                   | CUSIP: 97246FAM8<br>LEI: 549300SAZRUMYKDJBY14 | Long             | LON              | CORP              | US        |   3116615 | PA      | $2703663.21   | 0.44%             | 2031-08-05      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| WILSONART LLC                                        | Wilsonart LLC                                                                    | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |    177000 | PA      | $128304.10    | 0.02%             | 2032-08-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                             | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    809000 | PA      | $845532.01    | 0.14%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Windstream Services LLC                              | Windstream Services LLC 2025 Term Loan B                                         | CUSIP: 97381JAK9<br>LEI: 549300KT9GVEBYCD2N29 | Long             | LON              | CORP              | US        |   1285778 | PA      | $1284980.32   | 0.21%             | 2032-10-06      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| UNITI SERVICES LLC                                   | Uniti Services LLC                                                               | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |    157000 | PA      | $163225.31    | 0.03%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                     | WULF Compute LLC                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    496000 | PA      | $524113.28    | 0.08%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                         | Wyndham Hotels & Resorts Inc 2024 Term Loan                                      | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   1128199 | PA      | $1131177.85   | 0.18%             | 2030-05-24      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                             | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |     44000 | PA      | $42986.91     | 0.01%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                             | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAE5<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |     54000 | PA      | $53134.76     | 0.01%             | 2033-03-01      | Fixed         | 5.63%                 | No            |                  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        |    144000 | PA      | $142138.21    | 0.02%             | 2029-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                             | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    433000 | PA      | $453890.09    | 0.07%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                             | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $44531.97     | 0.01%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                       | Wynn Macau Ltd                                                                   | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $191210.00    | 0.03%             | 2029-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                       | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $393185.00    | 0.06%             | 2028-08-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| XHR LP                                               | XHR LP                                                                           | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |     28000 | PA      | $28268.94     | 0.00%             | 2030-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    362000 | PA      | $373856.22    | 0.06%             | 2034-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    254000 | PA      | $267386.05    | 0.04%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     32000 | PA      | $33805.41     | 0.01%             | 2033-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Venture Holdings                                     | VENTURE HLDGS TR                                                                 | CUSIP: 92326YAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5150000 | PA      | $0.52         | 0.00%             | 2049-07-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                              | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    554614 | PA      | $551363.96    | 0.09%             | 2030-03-09      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                              | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAD7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    133308 | PA      | $124507.01    | 0.02%             | 2030-09-09      | Fixed         | 13.75%                | No            |                  2 | On Loan: No      |
| Zayo Group Holdings Inc                              | Zayo Group Holdings Inc 2025 USD Term Loan                                       | CUSIP: 98919XAH4<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |   4113243 | PA      | $4032376.91   | 0.65%             | 2030-03-11      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORP                              | Zebra Technologies Corp                                                          | CUSIP: 989207AD7<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29197.66     | 0.00%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AllSpring Buyer LLC                                  | AllSpring Buyer LLC 2024 Term Loan B                                             | CUSIP: 98922AAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    604952 | PA      | $604952.38    | 0.10%             | 2030-11-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Zelis Payments Buyer Inc                             | Zelis Payments Buyer Inc Term Loan B                                             | CUSIP: 98932TAG8<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    971848 | PA      | $939485.84    | 0.15%             | 2029-09-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Zelis Payments Buyer Inc                             | Zelis Payments Buyer Inc 5th Amendment Term Loan                                 | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |   1714680 | PA      | $1656380.88   | 0.27%             | 2031-11-26      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| FORTREX EQUITY                                       | FORTREX EQUITY                                                                   | CUSIP: 000000000<br>LEI: 549300P2EZ5HE2FQC398 | Long             | EC               | CORP              | US        |      5805 | NS      | $168345.00    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| UNITED SITE SERVICES EQUITY                          | UNITED SITE SERVICES EQUITY                                                      | CUSIP: 000000000<br>LEI: 549300GL21HVHPARNB76 | Long             | EC               | CORP              | US        |     24463 | NS      | $177356.75    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| INNIO GROUP HOLDING GMBH                             | INNIO Group Holding GmbH 2026 USD Term Loan B                                    | CUSIP: 000000000<br>LEI: 549300R5GWIY8X0FZE07 | Long             | LON              | CORP              | US        |   1344721 | PA      | $1330709.06   | 0.22%             | 2031-11-02      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| BANCO ESPIRITO SANTO SA                              | Banco Espirito Santo SA                                                          | CUSIP: 000000000<br>LEI: 635400JV7IJL16OWIT96 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $25428.70     | 0.00%             | 2017-05-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TMK HAWK MIDCO CORP 1                                | TMK HAWK MIDCO CORP 1                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24798 | NS      | $173584.46    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                               | TK Elevator Midco GmbH                                                           | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |     37818 | PA      | $43661.76     | 0.01%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NOVELIS SHEET INGOT GMBH                             | Novelis Sheet Ingot GmbH                                                         | CUSIP: 000000000<br>LEI: 9845005E95899E77AY49 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $109676.96    | 0.02%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                              | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $108968.52    | 0.02%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                            | Ball Corp                                                                        | CUSIP: 000000000<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114231.30    | 0.02%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $113489.29    | 0.02%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DARLING GLOBAL FINANCE                               | Darling Global Finance BV                                                        | CUSIP: 000000000<br>LEI: 724500R2BQXOR6YG2Y67 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115014.37    | 0.02%             | 2032-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                              | Beach Acquisition Bidco LLC                                                      | CUSIP: 000000000<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    200000 | PA      | $221713.29    | 0.04%             | 2032-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CARNIVAL PLC                                         | Carnival PLC                                                                     | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $140672.80    | 0.02%             | 2031-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                      | Nissan Motor Co Ltd                                                              | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $114999.76    | 0.02%             | 2033-07-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP                                 | Boots Group Finco LP                                                             | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |    115000 | PA      | $132248.07    | 0.02%             | 2032-08-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                  | Silgan Holdings Inc                                                              | CUSIP: 000000000<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111868.14    | 0.02%             | 2031-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 000000000<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    200000 | PA      | $215107.42    | 0.03%             | 2034-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH GROUP SA                                      | Ardagh Group SA                                                                  | CUSIP: 000000000<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $94900.93     | 0.02%             | 2030-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                               | US LONG BOND(CBT) JUN26                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -20 | NC      | $69964.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US 10YR ULTRA FUT JUN26                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -35 | NC      | $76737.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Telenet Financing USD LLC                            | Telenet Financing USD LLC 2020 USD Term Loan AR                                  | CUSIP: 000000000<br>LEI: 213800BMPOX34U6DWN81 | Long             | LON              | CORP              | US        |    560000 | PA      | $552417.60    | 0.09%             | 2028-04-28      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| SIRVA Worldwide Inc                                  | SIRVA Worldwide Inc 2024 Term Loan                                               | CUSIP: 000000000<br>LEI: 549300NHGBSB7RBY2786 | Long             | LON              | CORP              | US        |   1086245 | PA      | $418204.14    | 0.07%             | 2029-08-20      | Floating      | 11.66%                | No            |                  2 | On Loan: No      |
| GrafTech Finance Inc                                 | GrafTech Finance Inc 2024 Term Loan                                              | CUSIP: 000000000<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | LON              | CORP              | US        |     25357 | PA      | $23946.76     | 0.00%             | 2029-12-21      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| STITCH AQUISITION CORPORATION                        | Stitch Aquisition Corporation 2024 2nd Out Term Loan                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    223922 | PA      | $181377.02    | 0.03%             | 2029-12-31      | Floating      | 11.46%                | No            |                  3 | On Loan: No      |
| DK Crown Holdings Inc                                | DK Crown Holdings Inc 2025 Term Loan B                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1925056 | PA      | $1921456.39   | 0.31%             | 2032-03-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| H-Food Holdings LLC                                  | H-Food Holdings LLC 2025 Exit Term Loan                                          | CUSIP: 000000000<br>LEI: 549300JY2LK0EQ95YT44 | Long             | LON              | CORP              | US        |    135601 | PA      | $135600.56    | 0.02%             | 2030-03-29      | Floating      | 10.17%                | No            |                  2 | On Loan: No      |
| GVC Holdings (Gibraltar) Limited                     | GVC Holdings (Gibraltar) Limited 2025 Term Loan B5 (2032)                        | CUSIP: 000000000<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | GI        |    327341 | PA      | $326728.42    | 0.05%             | 2032-07-31      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Outfront Media Capital LLC                           | Outfront Media Capital LLC 2025 Term Loan B                                      | CUSIP: 000000000<br>LEI: 5493005WC7J0FDMW0610 | Long             | LON              | CORP              | US        |    738000 | PA      | $738464.94    | 0.12%             | 2032-09-24      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Altice France SA                                     | Altice France SA 2025 USD Term Loan B14                                          | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | US        |   1551292 | PA      | $1552269.05   | 0.25%             | 2031-05-31      | Floating      | 10.55%                | No            |                  2 | On Loan: No      |
| CP Iris HoldCo I Inc                                 | CP Iris HoldCo I Inc 2025 Term Loan                                              | CUSIP: 000000000<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |   1519666 | PA      | $1505426.96   | 0.24%             | 2032-10-27      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Propulsion (BC) Finco S.a.r.l.                       | Propulsion (BC) Finco Sarl 2025 Repriced Term Loan B                             | CUSIP: 000000000<br>LEI: 254900S4YQSQVLEZ8D35 | Long             | LON              | CORP              | LU        |    645561 | PA      | $645444.36    | 0.10%             | 2032-12-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| POTTERS INDUSTRIES LLC                               | Potters Industries LLC 2025 Repriced Term Loan B                                 | CUSIP: 000000000<br>LEI: 391200O5OFXXMCYPAR13 | Long             | LON              | CORP              | US        |    806000 | PA      | $804653.98    | 0.13%             | 2032-12-23      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                          | HOLOGIC INC 2026 TERM LOAN B                                                     | CUSIP: 000000000<br>LEI: 9845009E9B4548A5N478 | Long             | LON              | CORP              | US        |   5164000 | PA      | $5099450.00   | 0.83%             | 2033-01-14      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING COMPANY INC                         | Graham Packaging Company Inc 2026 Term Loan B                                    | CUSIP: 000000000<br>LEI: 549300YS0ZFT826HIK72 | Long             | LON              | CORP              | US        |   1323000 | PA      | $1307931.03   | 0.21%             | 2033-01-26      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| AZURIA WATER SOLUTIONS INC                           | AZURIA WATER SOLUTIONS INC 2026 TERM LOAN B                                      | CUSIP: 000000000<br>LEI: 549300AG3DVJURRIT691 | Long             | LON              | CORP              | US        |   1136587 | PA      | $1123800.67   | 0.18%             | 2033-01-27      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| AZURIA WATER SOLUTIONS INC                           | AZURIA WATER SOLUTIONS INC 2026 DELAYED DRAW TERM LOAN                           | CUSIP: 000000000<br>LEI: 549300AG3DVJURRIT691 | Long             | LON              | CORP              | US        |    151545 | PA      | $149840.09    | 0.02%             | 2033-01-27      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC                          | BIOMARIN PHARMACEUTICAL INC TERM LOAN B                                          | CUSIP: 000000000<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | LON              | CORP              | US        |    838000 | PA      | $835385.44    | 0.14%             | 2033-01-28      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| LABL INC                                             | LABL Inc 2026 USD Interim New Money DIP Term Loan                                | CUSIP: 000000000<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |     90232 | PA      | $90005.93     | 0.01%             | 2026-12-02      | Floating      | 10.38%                | No            |                  2 | On Loan: No      |
| Fluid-Flow Products, Inc.                            | FLUID FLOW PRODUCTS INC 2026 TERM LOAN B                                         | CUSIP: 000000000<br>LEI: 254900BHD5AK9H7EKF91 | Long             | LON              | CORP              | US        |    188000 | PA      | $187765.00    | 0.03%             | 2033-03-04      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| JUPITER BORROWER INC                                 | JUPITER BORROWER INC TERM LOAN B                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    611000 | PA      | $609472.50    | 0.10%             | 2033-03-25      | Floating      | 6.42%                 | No            |                  3 | On Loan: No      |
| TEGA MC AUSTRALIA HLDG PTY LTD                       | TEGA MC AUSTRALIA HLDG PTY LTD TERM LOAN B                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AU        |    610000 | PA      | $605425.00    | 0.10%             | 2033-03-25      | Floating      | 7.17%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                   | TRSWAP: IBXXLLTR INDEX                                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              |  | US        |  10000000 | OU      | $-49542.75    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL                   | TRSWAP: IBXXLLTR INDEX                                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              |  | US        |   8000000 | OU      | $-39209.64    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Air Canada                                           | Air Canada 2024 Term Loan B                                                      | CUSIP: 000000000<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | LON              | CORP              | CA        |   1451333 | PA      | $1437429.21   | 0.23%             | 2031-03-21      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Bausch & Lomb Corporation                            | Bausch & Lomb Corporation 2025 Repriced Term Loan                                | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |   2700321 | PA      | $2703695.97   | 0.44%             | 2031-01-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Celestica Inc                                        | Celestica Inc 2024 Term Loan B                                                   | CUSIP: 000000000<br>LEI: 549300J3CG5T6RZWLN53 | Long             | LON              | CORP              | CA        |    827265 | PA      | $826230.92    | 0.13%             | 2031-06-20      | Floating      | 5.43%                 | No            |                  3 | On Loan: No      |
| Great Canadian Gaming Corporation                    | Great Canadian Gaming Corporation 2024 Term Loan B                               | CUSIP: 000000000<br>LEI: 549300FU60SSFLTE0M84 | Long             | LON              | CORP              | CA        |    750503 | PA      | $737369.29    | 0.12%             | 2029-11-01      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Jones DesLauriers Insurance Management Inc.          | Jones DesLauriers Insurance Management Inc 2026 Repriced Term Loan B             | CUSIP: 000000000<br>LEI: 549300JQIWNFU00E5424 | Long             | LON              | CORP              | CA        |   2197505 | PA      | $2131580.20   | 0.35%             | 2033-02-02      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| 1011778 BC Unlimited Liability Company               | 1011778 BC Unlimited Liability Company 2024 Term Loan B6                         | CUSIP: 000000000<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |   1757544 | PA      | $1752500.23   | 0.28%             | 2030-09-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Ontario Gaming GTA LP                                | Ontario Gaming GTA LP Term Loan B                                                | CUSIP: 000000000<br>LEI: 894500EC9KLZLOC3V025 | Long             | LON              | CORP              | CA        |    650677 | PA      | $608383.42    | 0.10%             | 2030-08-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| PointClickCare Technologies, Inc.                    | PointClickCare Technologies Inc 2025 Term Loan B                                 | CUSIP: 000000000<br>LEI: 5493001Z0LHHBZLVDX36 | Long             | LON              | CORP              | CA        |    707323 | PA      | $702902.07    | 0.11%             | 2031-11-03      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                    | Clarios Global LP 2024 USD Term Loan B                                           | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   3734419 | PA      | $3719256.97   | 0.60%             | 2030-05-06      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                    | Clarios Global LP 2025 USD Term Loan B                                           | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   1452700 | PA      | $1447615.55   | 0.23%             | 2032-01-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Oxea Holding Drei GmbH                               | Oxea Holding Drei GmbH 2017 USD Term Loan B2                                     | CUSIP: 000000000<br>LEI: 529900MSP24R2FE9U796 | Long             | LON              | CORP              | US        |   1436539 | PA      | $984029.27    | 0.16%             | 2031-04-08      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco GmbH                               | TK Elevator Midco GmbH 2025 USD Term Loan B                                      | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |   3203591 | PA      | $3208717.20   | 0.52%             | 2030-04-30      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Apex Group Treasury LLC                              | Apex Group Treasury LLC 2025 USD Term Loan B                                     | CUSIP: 000000000<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |   1996224 | PA      | $1813230.39   | 0.29%             | 2032-02-27      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Digicel International Finance Limited                | Digicel International Finance Limited 2025 Term Loan B                           | CUSIP: 000000000<br>LEI: 5493007V023VOEW4FK27 | Long             | LON              | CORP              | BM        |    687278 | PA      | $685703.63    | 0.11%             | 2032-08-06      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco Sarl                               | Froneri Lux Finco Sarl 2024 USD Term Loan B4                                     | CUSIP: 000000000<br>LEI: 9845005YBZ75E5AA3B94 | Long             | LON              | CORP              | US        |   3217882 | PA      | $3149180.46   | 0.51%             | 2031-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco Sarl                               | Froneri Lux Finco Sarl 2025 USD Term Loan B6                                     | CUSIP: 000000000<br>LEI: 9845005YBZ75E5AA3B94 | Long             | LON              | CORP              | US        |    323000 | PA      | $316449.56    | 0.05%             | 2032-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Howden Group Holdings Ltd                            | Howden Group Holdings Ltd 2025 USD Term Loan B                                   | CUSIP: 000000000<br>LEI: 213800R6D9EVRN5D3117 | Long             | LON              | CORP              | LU        |   1673692 | PA      | $1618727.47   | 0.26%             | 2031-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Holdings UK Ltd                        | INEOS Quattro Holdings UK Ltd 2024 USD Term Loan B                               | CUSIP: 000000000<br>LEI: 213800HKSMBSJQ32CA45 | Long             | LON              | CORP              | US        |    262055 | PA      | $184093.64    | 0.03%             | 2031-10-07      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Jazz Financing Lux Sarl                              | Jazz Financing Lux Sarl 2024 1st Lien Term Loan B2                               | CUSIP: 000000000<br>LEI: 635400WUEO2NSG5OIU34 | Long             | LON              | CORP              | LU        |   1578355 | PA      | $1582790.29   | 0.26%             | 2028-05-05      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Setanta Aircraft Leasing Designated Activity Company | Setanta Aircraft Leasing Designated Activity Company 2024 Term Loan B            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |    411250 | PA      | $412598.90    | 0.07%             | 2028-11-05      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                             | Virgin Media Bristol LLC 2020 USD Term Loan Q                                    | CUSIP: 000000000<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |   1212000 | PA      | $1165410.72   | 0.19%             | 2029-01-31      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Cobham Ultra SeniorCo Sarl                           | Cobham Ultra SeniorCo Sarl USD Term Loan B                                       | CUSIP: 000000000<br>LEI: 254900L6IKLPZKIC4F32 | Long             | LON              | CORP              | LU        |    827683 | PA      | $829130.95    | 0.13%             | 2029-08-03      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition LLC                           | Camelot US Acquisition LLC 2024 Term Loan B                                      | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |    583173 | PA      | $501895.86    | 0.08%             | 2031-01-31      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Delta 2 (LUX) S.a.r.l.                               | Delta 2 (LUX) Sarl 2024 Term Loan B1                                             | CUSIP: 000000000<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |   2568059 | PA      | $2560354.77   | 0.41%             | 2031-09-30      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Lonza Group AG                                       | Lonza Group AG USD Term Loan B                                                   | CUSIP: 000000000<br>LEI: 549300Y0CIXN5D40L888 | Long             | LON              | CORP              | US        |   1208939 | PA      | $1052779.98   | 0.17%             | 2028-07-03      | Floating      | 7.72%                 | No            |                  2 | On Loan: No      |
| ICON Luxembourg SARL                                 | ICON Luxembourg SARL 2024 LUX Term Loan B                                        | CUSIP: 000000000<br>LEI: 635400PUWMHSPI2DDA35 | Long             | LON              | CORP              | LU        |    480795 | PA      | $480996.75    | 0.08%             | 2028-07-03      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| PRA Health Sciences Inc                              | PRA Health Sciences Inc 2024 US Term Loan B                                      | CUSIP: 000000000<br>LEI: 549300R1HR1VWWHIAK47 | Long             | LON              | CORP              | US        |    119791 | PA      | $119841.04    | 0.02%             | 2028-07-03      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                    | Motion Finco Sarl 2024 USD Term Loan B                                           | CUSIP: 000000000<br>LEI: 2549002L1LBQZKA7UN30 | Long             | LON              | CORP              | LU        |   1925194 | PA      | $1674919.01   | 0.27%             | 2029-11-12      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Summer (BC) Holdco B Sa rl                           | Summer (BC) Holdco B Sa rl 2024 USD Term Loan B                                  | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | LON              | CORP              | LU        |    246491 | PA      | $209271.03    | 0.03%             | 2029-02-15      | Floating      | 8.96%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                 | Flutter Financing BV 2024 Term Loan B                                            | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |   3436772 | PA      | $3393811.86   | 0.55%             | 2030-11-30      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                 | Flutter Financing BV 2025 Term Loan B                                            | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |   1027807 | PA      | $1014959.55   | 0.16%             | 2032-06-04      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                  | Peer Holding III BV 2025 USD Term Loan B                                         | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    335000 | PA      | $331650.00    | 0.05%             | 2032-10-14      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas Inc.                                  | Hunter Douglas Inc 2025 USD Term Loan B                                          | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |   1967815 | PA      | $1956342.91   | 0.32%             | 2032-01-20      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Sunrise Financing Partnership                        | Sunrise Financing Partnership Term Loan AAA                                      | CUSIP: 000000000<br>LEI: 213800DXWIS9KORQ3X94 | Long             | LON              | CORP              | US        |    502000 | PA      | $498079.38    | 0.08%             | 2032-02-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Ardonagh Midco 3 PLC                                 | Ardonagh Midco 3 PLC 2024 USD Term Loan B                                        | CUSIP: 000000000<br>LEI: 254900YP2E642AGM4G32 | Long             | LON              | CORP              | AU        |   2444988 | PA      | $2385403.66   | 0.39%             | 2031-02-15      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Maxeon Solar Technologies Ltd                        | Maxeon Solar Technologies Ltd                                                    | CUSIP: 000000000<br>LEI: 5493007JPB074ITT6Y72 | Long             | EC               | CORP              | SG        |         2 | NS      | $3.02         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.                      | SWAP/CDSWAP/ICE: (CDX.NA.HY.44.V1)                                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    495000 | OU      | $29706.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** BlackRock Debt Strategies Fund, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer