# EDGAR Filing Document

**Accession Number:** 0001027596
**File Stem:** 0001145549-25-052891
**Filing Date:** 2025-8
**Character Count:** 274757
**Document Hash:** d0b02fa44e81cdd0ba90afb461e9555f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-052891.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001145549-25-052891

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVISORS SERIES TRUST
- **CENTRAL INDEX KEY:** 0001027596

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07959
- **FILM NUMBER:** 251248479

**BUSINESS ADDRESS:**
- **STREET 1:** U.S BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 626-914-7235

**MAIL ADDRESS:**
- **STREET 1:** 615 E MICHIGAN STREET
- **STREET 2:** MK-WI-LC2
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Shenkman Capital Floating Rate High Income Fund (Series ID: S000046128)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000144368 | Institutional Class | SFHIX           |
| C000165120 | Class F             | SFHFX           |

## Nport-Ex

---

| |
|:---|
| **Shenkman Capital Floating Rate High Income Fund** |
| **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **BANK LOANS - 87.8%** | **Principal Amount** | **Fair Value** |
| **AEROSPACE & DEFENSE - 2.2%** | **AEROSPACE & DEFENSE - 2.2%** |  |
|  Apple Bidco LLC, Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 09/23/2031, (0.00% Floor) | $549125 | 548782 |
| Brown Group Holding LLC, Senior Secured First Lien | Brown Group Holding LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.78% (3 mo. SOFR US + 2.50%), 07/01/2031, (0.50% Floor) | 428206 | 429204 |
| &nbsp;&nbsp; 6.83% (1 mo. SOFR US + 2.50%), 07/01/2031, (0.50% Floor) | 263378 | 263991 |
| &nbsp;&nbsp; 6.83% (3 mo. SOFR US + 2.50%), 07/01/2031, (0.50% Floor) | 203194 | 203668 |
| Dynasty Acquisition Co., Inc., Senior Secured First Lien | Dynasty Acquisition Co., Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.33% (1 mo. SOFR US + 2.00%), 10/31/2031, (0.00% Floor) | 443306 | 444008 |
| &nbsp;&nbsp; 6.33% (1 mo. SOFR US + 2.00%), 10/31/2031 | 168619 | 168887 |
|  Goat Holdco LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 01/27/2032, (0.00% Floor) | 548625 | 550158 |
|  Karman Holdings, Inc., Senior Secured First Lien, 7.80% (3 mo. SOFR US + 3.50%), 04/01/2032, (0.00% Floor) | 761000 | 763854 |
|  LSF11 Trinity Bidco, Inc., Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 06/17/2030, (0.00% Floor) | 531664 | 534322 |
| Signia Aerospace LLC, Senior Secured First Lien | Signia Aerospace LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.30% (3 mo. SOFR US + 3.00%), 12/11/2031, (0.50% Floor) | 294646 | 296487 |
| &nbsp;&nbsp; 7.67% (3 mo. Term SOFR + 3.00%), 12/11/2031, (0.50% Floor) <sup>(a)</sup> | 24615 | 24769 |
|  Spirit AeroSystems, Inc., Senior Secured First Lien, 8.78% (3 mo. SOFR US + 4.50%), 01/15/2027, (0.50% Floor) | 238933 | 239457 |
| TransDigm, Inc., Senior Secured First Lien | TransDigm, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 08/24/2028, (0.00% Floor) | 720987 | 724347 |
| &nbsp;&nbsp; 6.80% (3 mo. SOFR US + 2.50%), 01/20/2032, (0.00% Floor) | 273345 | 274066 |
|  Trident Technologies LLC, Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 02/09/2032, (0.00% Floor) | 544635 | 546677 |
|  |  | 6012677 |
| **AUTO RETAIL - 0.4%** | **AUTO RETAIL - 0.4%** |  |
|  CWGS Group LLC, Senior Secured First Lien, 7.06% (1 mo. SOFR US + 2.50%), 06/05/2028, (0.75% Floor) | 287081 | 281358 |
|  Mavis Tire Express Services Topco Corp., Senior Secured First Lien, 7.33% (3 mo. SOFR US + 3.00%), 05/04/2028, (0.75% Floor) | 834340 | 834978 |
|  |  | 1116336 |
| **AUTOMOTIVE - 1.5%** | **AUTOMOTIVE - 1.5%** |  |
| American Axle & Manufacturing, Inc., Senior Secured First Lien | American Axle & Manufacturing, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 3.00%), 12/13/2029, (0.50% Floor) | 313521 | 312580 |
| &nbsp;&nbsp; 7.23% (3 mo. SOFR US + 3.00%), 12/13/2029, (0.50% Floor) | 269985 | 269175 |
| &nbsp;&nbsp; 7.31% (1 mo. SOFR US + 3.00%), 12/13/2029, (0.50% Floor) | 291247 | 290373 |
|  Clarios Global LP, Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 05/06/2030, (0.00% Floor) | 618302 | 617337 |
|  First Brands Group LLC, Senior Secured First Lien, 9.80% (3 mo. SOFR US + 5.00%), 03/30/2027, (1.00% Floor) | 1126249 | 1066557 |
|  Garrett LX I Sarl, Senior Secured First Lien, 6.53% (3 mo. SOFR US + 2.25%), 01/30/2032, (0.50% Floor) | 282291 | 284055 |
| Tenneco, Inc., Senior Secured First Lien | Tenneco, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.27% (3 mo. SOFR US + 4.75%), 11/17/2028, (0.50% Floor) | 658537 | 642762 |
| &nbsp;&nbsp; 9.50% (3 mo. SOFR US + 5.00%), 11/17/2028, (0.50% Floor) | 1947 | 1905 |
| &nbsp;&nbsp; 9.52% (3 mo. SOFR US + 5.00%), 11/17/2028, (0.50% Floor) | 689582 | 674584 |
|  |  | 4159328 |
| **BUILDING PRODUCTS - 2.2%** | **BUILDING PRODUCTS - 2.2%** |  |
| Cornerstone Building Brands, Inc., Senior Secured First Lien | Cornerstone Building Brands, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.76% (1 mo. SOFR US + 3.25%), 04/12/2028, (0.50% Floor) | 312298 | 279768 |
| &nbsp;&nbsp; 9.94% (1 mo. SOFR US + 5.63%), 08/01/2028, (0.50% Floor) | 448849 | 405459 |
|  Covia Holdings LLC, Senior Secured First Lien, 7.57% (1 mo. SOFR US + 3.25%), 02/26/2032, (0.00% Floor) | 362000 | 363660 |
|  Eco Material Technologies, Inc., Senior Secured First Lien, 7.47% (3 mo. SOFR US + 3.25%), 02/12/2032, (0.00% Floor) | 961000 | 968010 |
|  Herc Holdings, Inc., Senior Secured First Lien, 6.32% (1 mo. SOFR US + 2.00%), 06/02/2032, (0.00% Floor) | 253000 | 254265 |
|  Hunter Douglas, Inc., Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 01/20/2032, (0.00% Floor) | 289545 | 288882 |
|  Janus International Group LLC, Senior Secured First Lien, 6.78% (3 mo. SOFR US + 2.50%), 08/05/2030, (0.00% Floor) | 272052 | 271814 |
|  MITER Brands Acquisition Holdco, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 03/28/2031, (0.00% Floor) | 474210 | 475827 |
|  Quikrete Holdings, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 02/10/2032, (0.00% Floor) | 1250865 | 1250709 |
|  STS Operating, Inc., Senior Secured First Lien, 8.43% (1 mo. SOFR US + 4.00%), 03/25/2031, (0.00% Floor) | 530574 | 523344 |
| Tamko Building Products LLC, Senior Secured First Lien | Tamko Building Products LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.03% (3 mo. SOFR US + 2.75%), 09/20/2030, (0.00% Floor) | 93809 | 94161 |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 09/20/2030, (0.00% Floor) | 93809 | 94161 |
| &nbsp;&nbsp; 7.08% (1 mo. SOFR US + 2.75%), 09/20/2030, (0.00% Floor) | 45497 | 45668 |
| &nbsp;&nbsp; 7.08% (3 mo. SOFR US + 2.75%), 09/20/2030, (0.00% Floor) | 93809 | 94161 |
| &nbsp;&nbsp; 7.08% (3 mo. SOFR US + 2.75%), 09/20/2030, (0.00% Floor) | 46435 | 46609 |
|  Veritiv Operating Co., Senior Secured First Lien, 8.30% (3 mo. SOFR US + 4.00%), 11/30/2030, (0.00% Floor) | 550478 | 553092 |
|  Wilsonart LLC, Senior Secured First Lien, 8.55% (3 mo. Term SOFR + 4.25%), 08/05/2031 | 142642 | 140725 |
|  |  | 6150315 |
| **CHEMICALS - 1.7%** | **CHEMICALS - 1.7%** |  |
|  Consolidated Energy Finance SA, Senior Secured First Lien, 8.83% (3 mo. SOFR US + 4.50%), 11/18/2030, (0.00% Floor) | 393755 | 373760 |
|  Discovery Purchaser Corp., Senior Secured First Lien, 8.02% (3 mo. SOFR US + 3.75%), 10/04/2029, (0.50% Floor) | 359368 | 359255 |
|  Highline Aftermarket Acquisition LLC, Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 02/19/2030, (0.75% Floor) | 419890 | 423039 |
|  INEOS US Finance LLC, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 02/19/2030, (0.00% Floor) | 286728 | 275541 |
|  Lummus Technology Holdings V LLC, Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 12/31/2029 | 495771 | 497863 |
|  Nouryon Finance BV, Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 04/03/2028, (0.00% Floor) | 304386 | 306194 |
|  Polar US Borrower LLC, Senior Secured First Lien, 9.98% (or .75% PIK) (3 mo. SOFR US + 5.50%), 10/16/2028, (0.00% Floor) | 446941 | 173510 |
| SCIH Salt Holdings, Inc., Senior Secured First Lien | SCIH Salt Holdings, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.28% (3 mo. SOFR US + 3.00%), 01/31/2029, (0.75% Floor) | 574625 | 575493 |
| &nbsp;&nbsp; 7.44% (1 mo. SOFR US + 3.00%), 01/31/2029, (0.75% Floor) | 116384 | 116560 |
|  Solenis Holdings Ltd., Senior Secured First Lien, 7.30% (3 mo. SOFR US + 3.00%), 06/23/2031, (0.50% Floor) | 275685 | 272992 |
|  Sparta US HoldCo LLC, Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 08/02/2030, (0.75% Floor) | 510485 | 506444 |
| Tronox Finance LLC, Senior Secured First Lien | Tronox Finance LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.80% (3 mo. SOFR US + 2.50%), 09/30/2031, (0.00% Floor) | 154943 | 152038 |
| &nbsp;&nbsp; 6.83% (1 mo. SOFR US + 2.50%), 09/30/2031, (0.00% Floor) | 123177 | 120867 |
|  Windsor Holdings III LLC, Senior Secured First Lien, 7.07% (1 mo. SOFR US + 2.75%), 08/01/2030, (0.00% Floor) | 477943 | 478619 |
|  |  | 4632175 |
| **COMMERCIAL SERVICES - 4.7%** | **COMMERCIAL SERVICES - 4.7%** |  |
|  AlixPartners LLP, Senior Secured First Lien, 7.06% (1 mo. SOFR US + 2.50%), 02/04/2028, (0.50% Floor) | 272758 | 274089 |
|  Allied Universal Holdco LLC, Senior Secured First Lien, 8.28% (1 mo. SOFR US + 3.75%), 05/15/2028, (0.50% Floor) | 950759 | 956363 |
|  American Auto Auction Group LLC, Senior Secured First Lien, 8.83% (3 mo. SOFR US + 4.50%), 05/28/2032, (0.00% Floor) | 1130648 | 1137539 |
|  Apex Group Treasury LLC, Senior Secured First Lien, 7.82% (1 mo. SOFR US + 3.50%), 02/27/2032, (0.00% Floor) | 1585258 | 1581794 |
|  Aramark Services, Inc., Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 06/24/2030, (0.00% Floor) | 266424 | 267534 |
|  Ascensus Holdings, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 08/02/2028, (0.50% Floor) | 753016 | 755369 |
| Camelot US Acquisition LLC, Senior Secured First Lien | Camelot US Acquisition LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.08% (1 mo. SOFR US + 2.75%), 01/31/2031, (0.00% Floor) | 369461 | 366113 |
| &nbsp;&nbsp; 7.58% (1 mo. SOFR US + 3.25%), 01/31/2031, (0.00% Floor) | 118000 | 118221 |
|  CoreLogic, Inc., Senior Secured First Lien, 8.06% (1 mo. SOFR US + 3.50%), 06/02/2028, (0.50% Floor) | 411309 | 407647 |
|  First Advantage Holdings LLC, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 10/31/2031, (0.00% Floor) | 416014 | 416729 |
|  Foundever Worldwide Corp., Senior Secured First Lien, 8.31% (1 mo. SOFR US + 3.75%), 08/28/2028, (0.50% Floor) | 855807 | 473681 |
|  Garda World Security Corp., Senior Secured First Lien, 7.31% (1 mo. SOFR US + 3.00%), 02/01/2029, (0.00% Floor) | 274774 | 275612 |
|  HomeServe USA Holding Corp., Senior Secured First Lien, 6.32% (1 mo. SOFR US + 2.00%), 10/21/2030, (0.00% Floor) | 219513 | 219994 |
|  Isolved, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 10/15/2030, (0.00% Floor) | 411431 | 413552 |
| OMNIA Partners LLC, Senior Secured First Lien | OMNIA Partners LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.78% (3 mo. SOFR US + 2.50%), 07/25/2030, (0.00% Floor) | 522972 | 524552 |
| &nbsp;&nbsp; 6.90% (3 mo. SOFR US + 2.50%), 07/25/2030, (0.00% Floor) | 93776 | 94059 |
|  Planet US Buyer LLC, Senior Secured First Lien, 7.33% (3 mo. SOFR US + 3.00%), 02/10/2031, (0.00% Floor) | 272342 | 273806 |
|  Pre-Paid Legal Services, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 12/15/2028, (0.50% Floor) | 742432 | 739358 |
| Saphilux Sarl, Senior Secured First Lien | Saphilux Sarl, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.79% (6 mo. SOFR US + 3.50%), 07/27/2028, (1.50% Floor) | 619623 | 623753 |
| &nbsp;&nbsp; 7.83% (1 mo. SOFR US + 3.50%), 07/27/2028, (1.50% Floor) | 1561 | 1571 |
|  Skopima Consilio Parent LLC, Senior Secured First Lien, 8.08% (1 mo. SOFR US + 3.75%), 05/17/2028, (0.50% Floor) | 868001 | 857845 |
|  Tempo Acquisition LLC, Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 08/31/2028, (0.50% Floor) | 403576 | 402379 |
|  TKC Holdings, Inc., Senior Secured First Lien, 9.32% (1 mo. SOFR US + 5.00%), 05/15/2028, (1.00% Floor) | 1439426 | 1444227 |
|  VT Topco, Inc., Senior Secured First Lien, 7.30% (3 mo. SOFR US + 3.00%), 08/09/2030, (0.50% Floor) | 439880 | 441338 |
|  |  | 13067125 |
| **CONSTRUCTION & ENGINEERING - 1.2%** | **CONSTRUCTION & ENGINEERING - 1.2%** |  |
|  Amentum Holdings, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 09/29/2031, (0.00% Floor) | 747401 | 747402 |
|  American Residential Services LLC, Senior Secured First Lien, 7.53% (3 mo. SOFR US + 3.25%), 02/02/2032, (0.00% Floor) | 414454 | 416009 |
|  Artera Services LLC, Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 02/10/2031, (0.00% Floor) | 330632 | 278369 |
|  Centuri Group, Inc., Senior Secured First Lien, 7.06% (1 mo. SOFR US + 2.50%), 08/28/2028, (0.50% Floor) | 982397 | 984327 |
|  Tecta America Corp., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 02/18/2032, (0.00% Floor) | 853000 | 855934 |
|  |  | 3282041 |
| **CONSUMER DISCRETIONARY - 2.1%** | **CONSUMER DISCRETIONARY - 2.1%** |  |
|  American Greetings Corp., Senior Secured First Lien, 10.08% (1 mo. SOFR US + 5.75%), 10/30/2029, (0.00% Floor) | 270643 | 271551 |
|  Beach Acquisition Bidco LLC, Senior Secured First Lien, 8.06% (1 mo. Term SOFR + 3.25%), 06/28/2032 | 762000 | 766763 |
|  EAB Global, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 08/16/2030, (0.50% Floor) | 421181 | 414336 |
|  Kodiak BP LLC, Senior Secured First Lien, 8.03% (3 mo. SOFR US + 3.75%), 12/04/2031, (0.00% Floor) | 335160 | 323568 |
|  KUEHG Corp., Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 06/12/2030, (0.50% Floor) | 247321 | 247726 |
|  Peloton Interactive, Inc., Senior Secured First Lien, 9.83% (3 mo. SOFR US + 5.50%), 05/30/2029, (0.00% Floor) | 270250 | 274811 |
|  Prometric Holdings, Inc., Senior Secured First Lien, 8.32% (1 mo. Term SOFR + 3.75%), 06/25/2032 | 922000 | 923443 |
|  Renaissance Holdings Corp., Senior Secured First Lien, 8.28% (3 mo. SOFR US + 4.00%), 04/08/2030, (0.50% Floor) | 1201675 | 1094648 |
|  Tory Burch LLC, Senior Secured First Lien, 7.81% (1 mo. SOFR US + 3.25%), 04/17/2028, (0.50% Floor) | 568961 | 567183 |
|  Weber-Stephen Products LLC, Senior Secured First Lien, 7.81% (1 mo. SOFR US + 3.25%), 10/29/2027, (0.75% Floor) | 1082543 | 1076811 |
|  |  | 5960840 |
| **CONSUMER NON-DISCRETIONARY - 0.3%** | **CONSUMER NON-DISCRETIONARY - 0.3%** |  |
|  Kronos Acquisition Holdings, Inc., Senior Secured First Lien, 8.30% (3 mo. SOFR US + 4.00%), 07/08/2031, (0.00% Floor) | 550691 | 495071 |
|  Valvoline, Inc., Senior Secured First Lien, 6.57% (1 mo. Term SOFR + 2.00%), 03/19/2032 | 275000 | 276242 |
|  |  | 771313 |
| **ENVIRONMENTAL & FACILITIES SERVICES - 1.8%** | **ENVIRONMENTAL & FACILITIES SERVICES - 1.8%** |  |
|  Action Environmental Group, Inc., Senior Secured First Lien, 8.05% (3 mo. SOFR US + 3.75%), 10/24/2030, (0.50% Floor) | 1611156 | 1615184 |
|  Belfor Holdings, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 11/04/2030, (0.50% Floor) | 475289 | 476477 |
|  EnergySolutions LLC, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 09/23/2030, (0.50% Floor) | 299219 | 301463 |
|  GFL ES US LLC, Senior Secured First Lien, 6.82% (3 mo. SOFR US + 2.50%), 03/03/2032, (0.00% Floor) | 551000 | 552033 |
|  JFL-Tiger Acquisition Co., Inc., Senior Secured First Lien, 8.07% (3 mo. SOFR US + 3.75%), 10/17/2030, (0.50% Floor) | 495743 | 498325 |
| Reworld Holding Corp., Senior Secured First Lien | Reworld Holding Corp., Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.57% (1 mo. SOFR US + 2.25%), 11/30/2028, (0.00% Floor) | 205148 | 205469 |
| &nbsp;&nbsp; 6.57% (1 mo. SOFR US + 2.25%), 11/30/2028, (0.50% Floor) | 11295 | 11313 |
| Win Waste Innovations Holdings, Inc., Senior Secured First Lien | Win Waste Innovations Holdings, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.31% (1 mo. SOFR US + 2.75%), 03/27/2028, (0.50% Floor) | 1157506 | 1147019 |
| &nbsp;&nbsp; 8.31% (1 mo. SOFR US + 3.75%), 03/27/2028, (0.50% Floor) | 258353 | 259967 |
|  |  | 5067250 |
| **FINANCIALS: DIVERSIFIED - 4.5%** | **FINANCIALS: DIVERSIFIED - 4.5%** |  |
|  Avolon TLB Borrower 1 US LLC, Senior Secured First Lien, 6.07% (1 mo. SOFR US + 1.75%), 06/24/2030, (0.50% Floor) | 499398 | 500322 |
|  BCPE Pequod Buyer, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 11/25/2031, (0.00% Floor) | 749123 | 751276 |
|  Blackhawk Network Holdings, Inc., Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 03/12/2029, (1.00% Floor) | 818800 | 824237 |
|  Boost Newco Borrower LLC, Senior Secured First Lien, 6.30% (3 mo. SOFR US + 2.00%), 01/31/2031, (0.00% Floor) | 412763 | 414311 |
|  Citco Funding LLC, Senior Secured First Lien, 6.93% (6 mo. SOFR US + 2.75%), 04/27/2028, (0.50% Floor) | 667787 | 671794 |
| Corp. Service Co., Senior Secured First Lien | Corp. Service Co., Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.78% (1 mo. SOFR US + 2.25%), 11/03/2027, (0.00% Floor) | 90240 | 90240 |
| &nbsp;&nbsp; 6.33% (1 mo. SOFR US + 2.00%), 11/05/2029, (0.50% Floor) | 528612 | 528876 |
|  Edelman Financial Engines Center LLC, Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 04/07/2028, (0.00% Floor) | 442228 | 443212 |
|  Edelman Financial Engines Center LLC, Senior Secured Second Lien, 9.58% (1 mo. SOFR US + 5.25%), 10/06/2028, (0.00% Floor) | 942000 | 947063 |
|  EIG Management Co. LLC, Senior Secured First Lien, 9.32% (1 mo. SOFR US + 5.00%), 05/17/2029, (0.00% Floor) | 632988 | 629823 |
|  FNZ USA FinCo LLC, Senior Secured First Lien, 9.26% (3 mo. SOFR US + 5.00%), 11/05/2031, (0.00% Floor) | 1079295 | 895815 |
|  Focus Financial Partners LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 09/15/2031, (0.00% Floor) | 593056 | 592466 |
|  IMC Global Holdings LLC, Senior Secured First Lien, 7.81% (1 mo. SOFR US + 3.50%), 06/21/2032 | 624000 | 628680 |
| June Purchaser LLC, Senior Secured First Lien | June Purchaser LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.47% (6 mo. SOFR US + 3.25%), 11/28/2031, (0.00% Floor) | 494299 | 496904 |
| &nbsp;&nbsp; 8.67% (6 mo. Term SOFR + 3.25%), 11/28/2031, (0.00% Floor) <sup>(a)</sup> | 82590 | 83025 |
|  Neon Maple US Debt Mergersub, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 11/17/2031, (0.00% Floor) | 274313 | 275083 |
|  NorthAB LLC, Senior Secured First Lien, 6.80% (3 mo. SOFR US + 2.50%), 11/24/2028, (0.50% Floor) | 1106361 | 1094949 |
|  Osaic Holdings, Inc., Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 08/16/2028, (0.00% Floor) | 272860 | 273804 |
|  PEX Holdings LLC, Senior Secured First Lien, 6.97% (3 mo. SOFR US + 2.75%), 11/19/2031, (0.00% Floor) | 294263 | 294907 |
|  VFH Parent LLC, Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 06/20/2031, (0.00% Floor) | 499517 | 502015 |
|  WEX, Inc., Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 04/03/2028, (0.00% Floor) | 686862 | 687573 |
| Zelis Payments Buyer, Inc., Senior Secured First Lien | Zelis Payments Buyer, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.08% (1 mo. SOFR US + 2.75%), 09/28/2029, (0.00% Floor) | 654713 | 651318 |
| &nbsp;&nbsp; 7.58% (1 mo. SOFR US + 3.25%), 11/26/2031, (0.00% Floor) | 274620 | 273532 |
|  |  | 12551225 |
| **FINANCIALS: INSURANCE - 3.0%** | **FINANCIALS: INSURANCE - 3.0%** |  |
|  Acrisure LLC, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 06/21/2032, (0.00% Floor) | 979000 | 979000 |
|  Alera Group, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 05/28/2032, (0.50% Floor) | 413000 | 414704 |
|  AmWINS Group, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 01/30/2032, (0.75% Floor) | 551596 | 552407 |
| Ardonagh Group Finco Pty Ltd., Senior Secured First Lien | Ardonagh Group Finco Pty Ltd., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.04% (3 mo. SOFR US + 2.75%), 02/18/2031, (0.00% Floor) | 47872 | 47633 |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 02/18/2031, (0.00% Floor) | 366090 | 364259 |
|  AssuredPartners, Inc., Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 02/14/2031, (0.50% Floor) | 268117 | 269092 |
| Asurion LLC, Senior Secured First Lien | Asurion LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.78% (1 mo. SOFR US + 4.25%), 08/21/2028, (0.00% Floor) | 1010884 | 1001584 |
| &nbsp;&nbsp; 8.56% (1 mo. Term SOFR + 4.25%), 09/19/2030, (0.00% Floor) | 632642 | 615403 |
|  Asurion LLC, Senior Secured Second Lien, 9.81% (1 mo. SOFR US + 5.25%), 02/03/2028, (0.00% Floor) | 995867 | 955101 |
|  Baldwin Insurance Group Holdings LLC, Senior Secured First Lien, 7.31% (1 mo. SOFR US + 3.00%), 05/27/2031, (0.00% Floor) | 293525 | 294137 |
|  BroadStreet Partners, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 06/16/2031, (0.00% Floor) | 413628 | 414590 |
|  CRC Insurance Group LLC, Senior Secured Second Lien, 9.05% (3 mo. SOFR US + 4.75%), 05/06/2032, (0.00% Floor) | 271347 | 275022 |
|  Goosehead Insurance Holdings LLC, Senior Secured First Lien, 7.81% (1 mo. SOFR US + 3.50%), 01/08/2032, (0.00% Floor) | 550620 | 554405 |
|  Howden Group Holdings Ltd., Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 04/18/2030, (0.50% Floor) | 212457 | 213858 |
|  HUB International Ltd., Senior Secured First Lien, 6.77% (3 mo. SOFR US + 2.50%), 06/20/2030, (0.75% Floor) | 1057556 | 1061913 |
|  USI, Inc./NY, Senior Secured First Lien, 6.55% (3 mo. SOFR US + 2.25%), 11/23/2029, (0.00% Floor) | 413364 | 413139 |
|  |  | 8426247 |
| **FINANCIALS: THRIFTS & MORTGAGES - 0.1%** | **FINANCIALS: THRIFTS & MORTGAGES - 0.1%** |  |
|  Walker & Dunlop, Inc., Senior Secured First Lien, 6.31% (1 mo. SOFR US + 2.00%), 03/15/2032, (0.00% Floor) | 214463 | 215535 |
| **FOOD & BEVERAGE - 1.3%** | **FOOD & BEVERAGE - 1.3%** |  |
|  Celsius Holdings, Inc., Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 04/01/2032, (0.00% Floor) | 468000 | 471334 |
|  Pegasus Bidco BV, Senior Secured First Lien, 7.58% (3 mo. SOFR US + 3.25%), 07/12/2029, (0.00% Floor) | 547583 | 551690 |
|  Primo Brands Corp., Senior Secured First Lien, 6.55% (3 mo. SOFR US + 2.25%), 03/31/2028, (0.50% Floor) | 808895 | 812713 |
|  Red SPV LLC, Senior Secured First Lien, 6.56% (1 mo. SOFR US + 2.25%), 03/15/2032, (0.00% Floor) | 411000 | 411000 |
|  Saratoga Food Specialties LLC, Senior Secured First Lien, 7.57% (3 mo. SOFR US + 3.25%), 03/07/2029, (0.00% Floor) | 481448 | 484835 |
| Savor Acquisition, Inc., Senior Secured First Lien | Savor Acquisition, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.56% (3 mo. Term SOFR + 3.25%), 02/19/2032, (0.00% Floor) <sup>(a)</sup> | 40000 | 40291 |
| &nbsp;&nbsp; 7.58% (1 mo. SOFR US + 3.25%), 02/19/2032, (0.00% Floor) | 424000 | 427080 |
|  Sazerac Co., Inc., Senior Secured First Lien, 6.82% (1 mo. Term SOFR + 2.50%), 06/25/2032 | 492000 | 492615 |
|  |  | 3691558 |
| **HEALTHCARE: EQUIPMENT & SUPPLIES - 2.2%** | **HEALTHCARE: EQUIPMENT & SUPPLIES - 2.2%** |  |
|  Azalea Topco, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 04/30/2031, (0.00% Floor) | 498143 | 499647 |
|  Bausch + Lomb Corp., Senior Secured First Lien, 8.57% (1 mo. Term SOFR + 4.25%), 01/15/2031 | 842000 | 844635 |
|  Covetrus, Inc., Senior Secured First Lien, 9.30% (3 mo. SOFR US + 5.00%), 10/15/2029, (0.50% Floor) | 381389 | 344284 |
|  Gainwell Acquisition Corp., Senior Secured First Lien, 4.50% (3 mo. SOFR US + 0.00%), 10/01/2027, (0.75% Floor) | 1447832 | 1398244 |
|  Insulet Corp., Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 08/04/2031, (0.00% Floor) | 546600 | 551041 |
|  Medline Borrower LP, Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 10/23/2028, (0.50% Floor) | 1381264 | 1384407 |
|  Owens & Minor, Inc., Senior Secured First Lien, 8.28% (1 mo. SOFR US + 3.75%), 03/29/2029, (0.50% Floor) | 105000 | 105788 |
|  PointClickCare Technologies, Inc., Senior Secured First Lien, 7.42% (6 mo. SOFR US + 3.25%), 11/03/2031, (0.00% Floor) | 359358 | 361381 |
|  Waystar Technologies, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 10/22/2029, (0.00% Floor) | 618955 | 622053 |
|  |  | 6111480 |
| **HEALTHCARE: FACILITIES - 6.1%** | **HEALTHCARE: FACILITIES - 6.1%** |  |
|  ADMI Corp., Senior Secured First Lien, 8.31% (1 mo. SOFR US + 3.75%), 12/23/2027, (0.50% Floor) | 1208940 | 1156049 |
|  CHG Healthcare Services, Inc., Senior Secured First Lien, 7.33% (3 mo. SOFR US + 3.00%), 09/29/2028, (0.50% Floor) | 431031 | 433012 |
|  Examworks Bidco, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 11/01/2028, (0.50% Floor) | 945168 | 948646 |
|  Global Medical Response, Inc., Senior Secured First Lien, 9.08% (or .75% PIK) (1 mo. SOFR US + 4.75%), 10/02/2028, (1.00% Floor) | 2299361 | 2305431 |
|  HAH Group Holding Co. LLC, Senior Secured First Lien, 9.33% (1 mo. SOFR US + 5.00%), 09/24/2031, (0.00% Floor) | 1018230 | 991863 |
|  Heartland Dental LLC, Senior Secured First Lien, 8.83% (1 mo. SOFR US + 4.50%), 04/28/2028, (0.75% Floor) | 1379557 | 1383013 |
|  Hunter US Bidco, Inc., Senior Secured First Lien, 8.75% (3 mo. SOFR US + 4.25%), 08/21/2028, (0.50% Floor) | 728055 | 695292 |
| IVI America LLC, Senior Secured First Lien | IVI America LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.05% (3 mo. SOFR US + 3.75%), 04/14/2031, (0.00% Floor) | 564300 | 569946 |
| &nbsp;&nbsp; 8.07% (3 mo. Term SOFR + 3.75%), 04/14/2031 | 231000 | 233311 |
| LifePoint Health, Inc., Senior Secured First Lien | LifePoint Health, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.82% (3 mo. SOFR US + 3.50%), 05/19/2031, (1.00% Floor) | 835042 | 823635 |
| &nbsp;&nbsp; 8.01% (3 mo. SOFR US + 3.75%), 05/19/2031, (0.00% Floor) | 422244 | 418417 |
|  LSCS Holdings, Inc., Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 03/04/2032, (0.00% Floor) | 591518 | 581536 |
|  Pacific Dental Services, Inc., Senior Secured First Lien, 7.07% (1 mo. SOFR US + 2.75%), 03/17/2031, (0.00% Floor) | 474000 | 474974 |
| Pluto Acquisition I, Inc., Senior Secured First Lien | Pluto Acquisition I, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.82% (3 mo. SOFR US + 5.50%), 06/20/2028, (1.00% Floor) | 91866 | 93244 |
| &nbsp;&nbsp; 8.30% (3 mo. SOFR US + 4.00%), 09/20/2028, (0.00% Floor) | 464820 | 407589 |
|  Radiology Partners, Inc., Senior Secured First Lien, 8.82% (1 mo. Term SOFR + 4.50%), 06/30/2032 | 733000 | 727961 |
|  Radnet Management, Inc., Senior Secured First Lien, 6.58% (3 mo. SOFR US + 2.25%), 04/18/2031, (0.00% Floor) | 372414 | 373405 |
|  Select Medical Corp., Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 12/03/2031, (0.00% Floor) | 361662 | 363246 |
|  Sotera Health Holdings LLC, Senior Secured First Lien, 7.55% (1 mo. SOFR US + 3.25%), 05/30/2031, (0.00% Floor) | 643140 | 646761 |
|  Southern Veterinary Partners LLC, Senior Secured First Lien, 7.53% (3 mo. SOFR US + 3.25%), 12/04/2031, (0.00% Floor) | 458850 | 459905 |
|  Surgery Center Holdings, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 12/19/2030, (0.00% Floor) | 616725 | 619682 |
|  Team Health Holdings, Inc., Senior Secured First Lien, 9.53% (3 mo. SOFR US + 5.25%), 03/02/2027, (1.00% Floor) | 968225 | 964894 |
| US Fertility Enterprises LLC, Senior Secured First Lien | US Fertility Enterprises LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.80% (6 mo. SOFR US + 4.50%), 10/07/2031, (0.00% Floor) | 839167 | 845460 |
| &nbsp;&nbsp; 8.78% (3 mo. SOFR US + 4.50%), 10/14/2031, (0.00% Floor) | 12267 | 12359 |
| &nbsp;&nbsp; 8.82% (3 mo. SOFR US + 4.50%), 10/14/2031, (0.00% Floor) | 26068 | 26264 |
|  US Radiology Specialists, Inc., Senior Secured First Lien, 9.05% (3 mo. SOFR US + 4.75%), 12/15/2027, (0.00% Floor) | 521801 | 523596 |
|  |  | 17079491 |
| **HEALTHCARE: LIFE SCIENCES - 0.4%** | **HEALTHCARE: LIFE SCIENCES - 0.4%** |  |
|  Phoenix Newco, Inc., Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 11/15/2028, (0.50% Floor) | 740028 | 741068 |
|  Star Parent, Inc., Senior Secured First Lien, 8.30% (3 mo. SOFR US + 4.00%), 09/30/2030, (0.00% Floor) | 418788 | 415232 |
|  |  | 1156300 |
| **HEALTHCARE: MANAGED HEALTH CARE - 1.2%** | **HEALTHCARE: MANAGED HEALTH CARE - 1.2%** |  |
|  Bella Holding Co. LLC, Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 05/10/2028, (0.75% Floor) | 619080 | 621789 |
|  Charlotte Buyer, Inc., Senior Secured First Lien, 8.56% (1 mo. SOFR US + 4.25%), 02/11/2028, (0.50% Floor) | 553339 | 554080 |
| Cotiviti, Inc., Senior Secured First Lien | Cotiviti, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.07% (1 mo. SOFR US + 2.75%), 05/01/2031, (0.00% Floor) | 973451 | 970107 |
| &nbsp;&nbsp; 7.63%, 05/01/2031 | 278000 | 279911 |
| Raven Acquisition Holdings LLC, Senior Secured First Lien | Raven Acquisition Holdings LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.58% (1 mo. SOFR US + 3.25%), 11/20/2031, (0.00% Floor) | 815556 | 815862 |
| &nbsp;&nbsp; 8.28% (3 mo. Term SOFR + 3.25%), 11/20/2031, (0.00% Floor) <sup>(a)</sup> | 58400 | 58422 |
|  |  | 3300171 |
| **HEALTHCARE: PHARMA & BIOTECH - 1.6%** | **HEALTHCARE: PHARMA & BIOTECH - 1.6%** |  |
|  Dechra Finance US LLC, Senior Secured First Lien, 7.51% (6 mo. SOFR US + 3.25%), 01/27/2032, (0.00% Floor) | 294263 | 295301 |
|  Endo Finance Holdings, Inc., Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 04/23/2031, (0.50% Floor) | 1108335 | 1109028 |
|  Financiere Mendel SASU, Senior Secured First Lien, 7.05% (3 mo. SOFR US + 2.75%), 11/13/2030, (0.00% Floor) | 663625 | 665284 |
|  Grifols Worldwide Operations USA, Inc., Senior Secured First Lien, 6.63% (3 mo. SOFR US + 2.00%), 11/15/2027, (0.00% Floor) | 966375 | 964630 |
|  Jazz Financing Lux Sarl, Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 05/05/2028, (0.50% Floor) | 1217344 | 1224027 |
|  Padagis LLC, Senior Secured First Lien, 9.53% (3 mo. SOFR US + 4.75%), 07/06/2028, (0.50% Floor) | 263174 | 247384 |
|  |  | 4505654 |
| **INDUSTRIAL MACHINERY - 3.3%** | **INDUSTRIAL MACHINERY - 3.3%** |  |
|  AI Aqua Merger Sub, Inc., Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 07/31/2028, (0.50% Floor) | 1107626 | 1107305 |
|  Chart Industries, Inc., Senior Secured First Lien, 6.79% (3 mo. SOFR US + 2.50%), 03/18/2030, (0.50% Floor) | 375236 | 376877 |
|  Columbus McKinnon Corp./NY, Senior Secured First Lien, 6.80% (3 mo. SOFR US + 2.50%), 05/15/2028, (0.50% Floor) | 499266 | 498954 |
|  Crosby US Acquisition Corp., Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 08/16/2029, (0.50% Floor) | 493389 | 495842 |
|  Dynamo US Bidco, Inc., Senior Secured First Lien, 7.80% (3 mo. SOFR US + 3.50%), 09/26/2031, (0.00% Floor) | 367677 | 369287 |
|  Gates Corp./DE, Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 11/16/2029, (0.50% Floor) | 414014 | 414430 |
|  Indicor LLC, Senior Secured First Lien, 7.05% (3 mo. SOFR US + 2.75%), 11/23/2029, (0.50% Floor) | 531241 | 530843 |
|  JBT Marel Corp., Senior Secured First Lien, 6.43% (1 mo. SOFR US + 2.00%), 01/02/2032, (0.00% Floor) | 540210 | 542708 |
| Jupiter Buyer, Inc., Senior Secured First Lien | Jupiter Buyer, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.05% (3 mo. SOFR US + 4.75%), 11/03/2031, (0.00% Floor) | 285119 | 287601 |
| &nbsp;&nbsp; 9.60% (3 mo. Term SOFR + 4.75%), 11/03/2031, (0.00% Floor) <sup>(a)</sup> | 33007 | 33294 |
| Madison IAQ LLC, Senior Secured First Lien | Madison IAQ LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.76% (6 mo. SOFR US + 2.50%), 06/21/2028, (0.50% Floor) | 496936 | 497867 |
| &nbsp;&nbsp; 7.51% (3 mo. SOFR US + 3.25%), 05/06/2032, (0.50% Floor) | 291000 | 292151 |
|  Madison Safety & Flow LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 09/26/2031, (0.00% Floor) | 357552 | 358670 |
|  PG Polaris BidCo Sarl, Senior Secured First Lien, 7.05% (3 mo. SOFR US + 2.75%), 03/24/2031, (0.00% Floor) | 535957 | 538101 |
|  Pro Mach Group, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 08/31/2028, (1.00% Floor) | 494645 | 496215 |
| TK Elevator US Newco, Inc., Senior Secured First Lien | TK Elevator US Newco, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.24% (1 mo. SOFR US + 3.00%), 04/30/2030, (0.50% Floor) | 655403 | 657861 |
| &nbsp;&nbsp; 7.33% (1 mo. SOFR US + 3.00%), 04/30/2030, (0.50% Floor) | 705813 | 708460 |
|  Vertiv Group Corp., Senior Secured First Lien, 6.07% (1 mo. SOFR US + 1.75%), 03/02/2027, (0.00% Floor) | 560191 | 561432 |
|  WEC US Holdings, Inc., Senior Secured First Lien, 6.57% (1 mo. SOFR US + 2.25%), 01/27/2031, (0.00% Floor) | 409284 | 409847 |
|  |  | 9177745 |
| **LEISURE: CASINOS & GAMING - 3.2%** | **LEISURE: CASINOS & GAMING - 3.2%** |  |
|  888 Acquisitions LLC, Senior Secured First Lien, 9.73% (3 mo. SOFR US + 5.25%), 07/03/2028, (0.50% Floor) | 990697 | 953130 |
|  Allwyn Entertainment Financing US LLC, Senior Secured First Lien, 6.23% (3 mo. SOFR US + 2.00%), 06/11/2031, (0.00% Floor) | 570262 | 567886 |
|  Bally's Corp., Senior Secured First Lien, 8.05% (3 mo. SOFR US + 3.25%), 10/02/2028, (0.50% Floor) | 728082 | 646173 |
|  Caesars Entertainment, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 02/06/2030, (0.50% Floor) | 582878 | 583315 |
|  Entain Holdings Gibraltar Ltd., Senior Secured First Lien, 6.77% (6 mo. SOFR US + 2.50%), 03/16/2027, (0.50% Floor) | 1333099 | 1336012 |
|  Everi Holdings, Inc., Senior Secured First Lien, 7.06% (1 mo. SOFR US + 2.50%), 08/03/2028, (0.50% Floor) | 434388 | 435536 |
|  Fertitta Entertainment LLC/NV, Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 01/29/2029, (0.50% Floor) | 276199 | 276210 |
| Flutter Financing BV, Senior Secured First Lien | Flutter Financing BV, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.05% (3 mo. SOFR US + 1.75%), 11/29/2030, (0.50% Floor) | 989113 | 987877 |
| &nbsp;&nbsp; 6.30% (3 mo. SOFR US + 2.00%), 06/04/2032, (0.50% Floor) | 429000 | 429536 |
|  Great Canadian Gaming Corp., Senior Secured First Lien, 9.07% (3 mo. SOFR US + 4.75%), 11/01/2029, (0.00% Floor) | 275510 | 269724 |
|  Jack Ohio Finance LLC, Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 01/30/2032, (0.50% Floor) | 410970 | 409558 |
|  Ontario Gaming GTA LP, Senior Secured First Lien, 8.55% (3 mo. SOFR US + 4.25%), 08/01/2030, (0.50% Floor) | 547839 | 543303 |
|  Voyager Parent LLC, Senior Secured First Lien, 9.07% (1 mo. Term SOFR + 4.75%), 05/10/2032 | 1408000 | 1395483 |
|  |  | 8833743 |
| **LEISURE: HOTELS - 2.4%** | **LEISURE: HOTELS - 2.4%** |  |
|  Alterra Mountain Co., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 08/17/2028, (0.00% Floor) | 620680 | 624559 |
|  Carnival Corp., Senior Secured First Lien, 6.31% (1 mo. SOFR US + 2.00%), 10/18/2028, (0.75% Floor) | 1386335 | 1389149 |
|  Herschend Entertainment Co. LLC, Senior Secured First Lien, 7.57% (3 mo. SOFR US + 3.25%), 05/27/2032, (0.00% Floor) | 825000 | 831790 |
|  Hilton Grand Vacations Borrower LLC, Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 08/02/2028, (0.00% Floor) | 291845 | 292096 |
|  Lakeland Holdings LLC, Senior Secured First Lien, 8.00%, 09/27/2027 | 333330 | 12917 |
| Sabre GLBL, Inc., Senior Secured First Lien | Sabre GLBL, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.78% (1 mo. SOFR US + 4.25%), 06/30/2028, (0.50% Floor) | 670824 | 663612 |
| &nbsp;&nbsp; 9.53% (1 mo. SOFR US + 5.00%), 06/30/2028, (0.50% Floor) | 1763456 | 1755079 |
| &nbsp;&nbsp; 10.43% (1 mo. Term SOFR + 6.00%), 11/15/2029, (0.50% Floor) | 448962 | 448962 |
| &nbsp;&nbsp; 10.53% (1 mo. SOFR US + 6.00%), 11/15/2029, (0.00% Floor) | 52439 | 50013 |
|  Travel + Leisure Co., Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 12/14/2029, (0.50% Floor) | 370981 | 371816 |
|  TripAdvisor, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 07/08/2031, (0.00% Floor) | 276105 | 275760 |
|  |  | 6715753 |
| **LEISURE: RESTAURANTS - 0.9%** | **LEISURE: RESTAURANTS - 0.9%** |  |
|  BCPE Grill Parent, Inc., Senior Secured First Lien, 9.05% (3 mo. SOFR US + 4.75%), 09/30/2030, (0.50% Floor) | 263980 | 257474 |
|  Dave & Buster's, Inc., Senior Secured First Lien, 7.66% (3 mo. SOFR US + 3.25%), 06/29/2029, (0.50% Floor) | 145000 | 140896 |
|  IRB Holding Corp., Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 12/15/2027, (0.75% Floor) | 1237426 | 1238720 |
|  Tacala Investment Corp., Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 01/31/2031, (0.75% Floor) | 521608 | 524826 |
|  Whatabrands LLC, Senior Secured First Lien, 6.83% (1 mo. SOFR US + 2.50%), 08/03/2028, (0.50% Floor) | 272634 | 273059 |
|  |  | 2434975 |
| **MEDIA: BROADCASTING - 0.7%** | **MEDIA: BROADCASTING - 0.7%** |  |
|  CMG Media Corp., Senior Secured First Lien, 8.00% (3 mo. SOFR US + 3.50%), 06/18/2029, (0.00% Floor) | 456096 | 443205 |
|  Hubbard Radio LLC, Senior Secured First Lien, 8.83% (1 mo. SOFR US + 4.50%), 09/30/2027, (0.00% Floor) | 319322 | 186803 |
|  Learfield Communications LLC, Senior Secured First Lien, 8.83% (1 mo. SOFR US + 4.50%), 06/30/2028, (0.00% Floor) | 370981 | 374227 |
|  Nexstar Media, Inc., Senior Secured First Lien, 7.07% (1 mo. Term SOFR + 2.50%), 06/28/2032 | 616000 | 615615 |
|  Univision Communications, Inc., Senior Secured First Lien, 8.55% (3 mo. SOFR US + 4.25%), 06/25/2029, (0.50% Floor) | 241226 | 240824 |
|  |  | 1860674 |
| **MEDIA: CABLE & SATELLITE - 2.8%** | **MEDIA: CABLE & SATELLITE - 2.8%** |  |
|  Charter Communications Operating LLC, Senior Secured First Lien, 6.54% (3 mo. SOFR US + 2.25%), 12/15/2031, (0.00% Floor) | 922365 | 924846 |
|  Connect Finco Sarl, Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 12/11/2026, (0.50% Floor) | 629910 | 629727 |
|  Coral-US Co.-Borrower LLC, Senior Secured First Lien, 7.51% (3 mo. SOFR US + 3.25%), 01/30/2032, (0.00% Floor) | 1182205 | 1171488 |
| CSC Holdings LLC, Senior Secured First Lien | CSC Holdings LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.00% (Prime Rate + 1.50%), 04/15/2027, (0.00% Floor) | 1006345 | 981730 |
| &nbsp;&nbsp; 8.81% (1 mo. SOFR US + 4.50%), 01/18/2028, (0.00% Floor) | 551189 | 544610 |
|  Directv Financing LLC, Senior Secured First Lien, 9.80% (3 mo. SOFR US + 5.00%), 08/02/2027, (0.75% Floor) | 225445 | 226591 |
|  Gryphon Debt Merger Sub, Inc., Senior Secured First Lien, 7.32% (1 mo. Term SOFR + 3.00%), 06/21/2032 | 922000 | 922963 |
|  Iridium Satellite LLC, Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 09/20/2030, (0.75% Floor) | 829186 | 831408 |
| Virgin Media Bristol LLC, Senior Secured First Lien | Virgin Media Bristol LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.04% (1 mo. SOFR US + 2.50%), 01/31/2028, (0.00% Floor) | 847000 | 837298 |
| &nbsp;&nbsp; 7.79% (1 mo. SOFR US + 3.25%), 01/31/2029, (0.00% Floor) | 140000 | 138958 |
|  WideOpenWest Finance LLC, Senior Secured First Lien, 7.76% (3 mo. SOFR US + 3.00%), 12/11/2028, (1.50% Floor) | 636078 | 544642 |
|  |  | 7754261 |
| **MEDIA: DIVERSIFIED - 2.3%** | **MEDIA: DIVERSIFIED - 2.3%** |  |
|  ABG Intermediate Holdings 2 LLC, Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 12/21/2028, (0.00% Floor) | 737726 | 738242 |
|  Dotdash Meredith, Inc., Senior Secured First Lien, 7.82% (1 mo. SOFR US + 3.50%), 06/16/2032, (0.00% Floor) | 643000 | 645144 |
|  Indy US Holdco LLC, Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 03/06/2028, (0.50% Floor) | 1382891 | 1385919 |
|  McGraw-Hill Education, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 08/06/2031, (0.50% Floor) | 792344 | 795977 |
|  Neptune Bidco US, Inc., Senior Secured First Lien, 9.18% (3 mo. SOFR US + 4.75%), 10/11/2028, (0.50% Floor) | 824003 | 778242 |
|  Wasserman Media Group LLC, Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 06/23/2032 | 525000 | 526313 |
|  WH Borrower LLC, Senior Secured First Lien, 9.07% (3 mo. SOFR US + 4.75%), 02/20/2032, (0.50% Floor) | 429000 | 429669 |
| X Corp., Senior Secured First Lien | X Corp., Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.50%, 10/29/2029 | 336312 | 327484 |
| &nbsp;&nbsp; 10.93% (1 mo. SOFR US + 6.50%), 10/29/2029, (0.50% Floor) | 827111 | 809084 |
|  |  | 6436074 |
| **MEDIA: ENTERTAINMENT - 3.0%** | **MEDIA: ENTERTAINMENT - 3.0%** |  |
|  Cirque Du Soleil Holding USA Newco, Inc., Senior Secured First Lien, 8.05% (3 mo. SOFR US + 3.75%), 03/08/2030, (0.00% Floor) | 1579756 | 1541574 |
|  Creative Artists Agency LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 10/01/2031, (0.00% Floor) | 407221 | 408895 |
|  Crown Finance US, Inc., Senior Secured First Lien, 9.57% (1 mo. SOFR US + 5.25%), 12/02/2031, (0.00% Floor) | 489540 | 490030 |
| Delta 2 Lux Sarl, Senior Secured First Lien | Delta 2 Lux Sarl, Senior Secured First Lien |  |
| &nbsp;&nbsp; 6.30% (3 mo. SOFR US + 2.00%), 09/19/2031, (0.50% Floor) | 206333 | 206926 |
| &nbsp;&nbsp; 7.20% (3 mo. Term SOFR + 2.00%), 09/19/2031 | 102667 | 102962 |
|  EOC Borrower LLC, Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 03/24/2032, (0.00% Floor) | 982000 | 984455 |
|  Hoya Midco LLC, Senior Secured First Lien, 6.53% (3 mo. SOFR US + 2.25%), 02/05/2029, (0.00% Floor) | 1163644 | 1022372 |
|  Live Nation Entertainment, Inc., Senior Secured First Lien, 6.27% (1 mo. SOFR US + 1.75%), 10/19/2026, (0.00% Floor) | 662382 | 662796 |
|  Playtika Holding Corp., Senior Secured First Lien, 7.31% (1 mo. SOFR US + 2.75%), 03/13/2028, (0.00% Floor) | 1257760 | 1239472 |
|  StubHub Holdco Sub LLC, Senior Secured First Lien, 9.08% (1 mo. SOFR US + 4.75%), 03/15/2030, (0.00% Floor) | 1085924 | 1056962 |
|  UFC Holdings LLC, Senior Secured First Lien, 6.57% (3 mo. SOFR US + 2.25%), 11/21/2031, (0.00% Floor) | 681855 | 685175 |
|  |  | 8401619 |
| **METALS & MINING - 0.6%** | **METALS & MINING - 0.6%** |  |
|  Arsenal AIC Parent LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 08/19/2030, (0.00% Floor) | 271863 | 272000 |
| GrafTech Global Enterprises, Inc., Senior Secured First Lien | GrafTech Global Enterprises, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 10.32% (1 mo. SOFR US + 6.00%), 12/21/2029, (2.00% Floor) | 104547 | 105331 |
| &nbsp;&nbsp; 10.62% (1 mo. Term SOFR + 6.00%), 12/21/2029, (2.00% Floor) <sup>(a)</sup> | 59741 | 60189 |
|  Grinding Media, Inc., Senior Secured First Lien, 7.83% (3 mo. SOFR US + 3.50%), 10/12/2028, (0.75% Floor) | 1366335 | 1357795 |
|  |  | 1795315 |
| **MIDSTREAM: STORAGE & TRANSPORT - 1.8%** | **MIDSTREAM: STORAGE & TRANSPORT - 1.8%** |  |
|  Brazos Delaware II LLC, Senior Secured First Lien, 7.31% (1 mo. SOFR US + 3.00%), 02/11/2030, (0.50% Floor) | 267305 | 268068 |
|  CPPIB OVM Member US LLC, Senior Secured First Lien, 7.05% (3 mo. SOFR US + 2.75%), 08/20/2031, (0.00% Floor) | 272580 | 272239 |
|  ITT Holdings LLC, Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 10/11/2030, (0.50% Floor) | 742442 | 745319 |
|  M6 ETX Holdings II Midco LLC, Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 04/01/2032, (0.00% Floor) | 312000 | 313699 |
|  Northriver Midstream Finance LP, Senior Secured First Lien, 6.55% (3 mo. SOFR US + 2.25%), 08/16/2030, (0.00% Floor) | 727051 | 730763 |
|  Oryx Midstream Services Permian Basin LLC, Senior Secured First Lien, 6.57% (1 mo. SOFR US + 2.25%), 10/05/2028, (0.50% Floor) | 986791 | 987660 |
|  TransMontaigne Operating Co. LP, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 11/17/2028, (0.50% Floor) | 480135 | 482668 |
|  WaterBridge Midstream Operating LLC, Senior Secured First Lien, 9.58% (3 mo. SOFR US + 4.75%), 06/27/2029, (0.00% Floor) | 1110608 | 1107631 |
|  |  | 4908047 |
| **OIL & GAS: E&P - 0.2%** | **OIL & GAS: E&P - 0.2%** |  |
|  Discovery Energy Holding Corp., Senior Secured First Lien, 8.05% (3 mo. SOFR US + 3.75%), 05/02/2031, (0.00% Floor) | 456484 | 457698 |
| **OIL & GAS: EQUIPMENT & SERVICES - 0.3%** | **OIL & GAS: EQUIPMENT & SERVICES - 0.3%** |  |
|  MRC Global US, Inc., Senior Secured First Lien, 7.80% (6 mo. SOFR US + 3.50%), 10/29/2031, (0.00% Floor) | 422940 | 424526 |
|  Star Holding LLC, Senior Secured First Lien, 8.83% (1 mo. SOFR US + 4.50%), 07/31/2031, (0.00% Floor) | 372421 | 356012 |
|  |  | 780538 |
| **PACKAGING - 1.9%** | **PACKAGING - 1.9%** |  |
|  Clydesdale Acquisition Holdings, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 03/29/2032, (0.50% Floor) | 425000 | 423821 |
| Iris Holding, Inc., Senior Secured First Lien | Iris Holding, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 9.13% (3 mo. SOFR US + 4.75%), 06/28/2028, (0.50% Floor) | 279310 | 272312 |
| &nbsp;&nbsp; 9.23% (3 mo. SOFR US + 4.75%), 06/28/2028, (0.50% Floor) | 263948 | 257334 |
|  LABL, Inc., Senior Secured First Lien, 9.53% (1 mo. SOFR US + 5.00%), 10/30/2028, (0.50% Floor) | 615990 | 557086 |
|  M2S Group Intermediate Holdings, Inc., Senior Secured First Lien, 9.03% (3 mo. SOFR US + 4.75%), 08/27/2031, (0.50% Floor) | 748908 | 726909 |
|  Magnera Corp., Senior Secured First Lien, 8.58% (3 mo. SOFR US + 4.25%), 11/04/2031, (0.00% Floor) | 844391 | 830670 |
|  Pregis TopCo LLC, Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 02/01/2029, (0.00% Floor) | 549706 | 551973 |
|  Ranpak BV, Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 12/19/2031, (0.00% Floor) | 91637 | 91179 |
|  Ranpak Corp., Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 12/19/2031, (0.00% Floor) | 143183 | 142467 |
|  Tosca Services LLC, Senior Secured First Lien, 6.02% (or 3.25% PIK) (1 mo. SOFR US + 1.50%), 11/30/2028, (0.75% Floor) | 609225 | 548150 |
|  Trident TPI Holdings, Inc., Senior Secured First Lien, 8.05% (6 mo. SOFR US + 3.75%), 09/18/2028, (0.50% Floor) | 901562 | 887029 |
|  |  | 5288930 |
| **RETAIL: FOOD & DRUG - 0.5%** | **RETAIL: FOOD & DRUG - 0.5%** |  |
|  EG America LLC, Senior Secured First Lien, 8.56% (3 mo. Term SOFR + 4.25%), 02/07/2028 | 178551 | 179587 |
|  JP Intermediate B LLC, Senior Secured First Lien, 14.00% (Prime Rate + 6.50%), 11/22/2027, (1.00% Floor) | 441458 | 19865 |
|  Opal US LLC, Senior Secured First Lien, 7.82% (6 mo. Term SOFR + 3.25%), 04/23/2032 | 1285000 | 1291830 |
|  |  | 1491282 |
| **RETAILING - 2.5%** | **RETAILING - 2.5%** |  |
|  Belron Finance 2019 LLC, Senior Secured First Lien, 7.05% (3 mo. SOFR US + 2.75%), 10/16/2031, (0.50% Floor) | 819690 | 824424 |
|  Great Outdoors Group LLC, Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 01/23/2032, (0.75% Floor) | 1393015 | 1393238 |
|  Harbor Freight Tools USA, Inc., Senior Secured First Lien, 6.58% (1 mo. SOFR US + 2.25%), 06/11/2031, (0.00% Floor) | 425401 | 417114 |
|  Michaels Cos., Inc., Senior Secured First Lien, 9.07% (3 mo. SOFR US + 4.25%), 04/17/2028, (0.75% Floor) | 542170 | 455761 |
|  Peer Holding III BV, Senior Secured First Lien, 6.80% (3 mo. SOFR US + 2.50%), 10/28/2030, (0.00% Floor) | 740070 | 745506 |
|  Petco Health & Wellness Co., Inc., Senior Secured First Lien, 8.07% (3 mo. SOFR US + 3.25%), 03/06/2028, (0.75% Floor) | 450000 | 415728 |
|  PetSmart LLC, Senior Secured First Lien, 8.28% (1 mo. SOFR US + 3.75%), 02/14/2028, (0.75% Floor) | 1366596 | 1355493 |
|  Restoration Hardware, Inc., Senior Secured First Lien, 7.78% (1 mo. SOFR US + 3.25%), 10/20/2028, (0.50% Floor) | 916515 | 896530 |
|  Staples, Inc., Senior Secured First Lien, 10.03% (3 mo. SOFR US + 5.75%), 09/10/2029, (0.50% Floor) | 525550 | 486320 |
|  |  | 6990114 |
| **TECHNOLOGY HARDWARE - 1.1%** | **TECHNOLOGY HARDWARE - 1.1%** |  |
|  Coherent Corp., Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 07/02/2029, (0.50% Floor) | 540424 | 541888 |
|  CommScope LLC, Senior Secured First Lien, 9.58% (1 mo. SOFR US + 5.25%), 12/17/2029, (2.00% Floor) | 1099000 | 1113996 |
|  MKS, Inc., Senior Secured First Lien, 6.32% (1 mo. SOFR US + 2.00%), 08/17/2029, (0.50% Floor) | 259736 | 260743 |
|  VeriFone Systems, Inc., Senior Secured First Lien, 10.33% (3 mo. SOFR US + 5.50%), 08/21/2028, (0.00% Floor) | 614139 | 576369 |
|  World Wide Technology Holding Co. LLC, Senior Secured First Lien, 6.56% (1 mo. SOFR US + 2.25%), 03/01/2030, (0.50% Floor) | 659131 | 663250 |
|  |  | 3156246 |
| **TECHNOLOGY: SOFTWARE & SERVICES - 14.8%** | **TECHNOLOGY: SOFTWARE & SERVICES - 14.8%** |  |
|  Access CIG LLC, Senior Secured First Lien, 8.38% (6 mo. SOFR US + 4.25%), 08/18/2028, (0.50% Floor) | 1316533 | 1324248 |
| Armor Holdco, Inc., Senior Secured First Lien | Armor Holdco, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.92% (6 mo. SOFR US + 3.75%), 12/11/2028, (0.00% Floor) | 125934 | 126753 |
| &nbsp;&nbsp; 8.03% (6 mo. SOFR US + 3.75%), 12/11/2028, (0.50% Floor) | 162797 | 163855 |
|  AthenaHealth Group, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 02/15/2029, (0.50% Floor) | 413232 | 413284 |
|  Avalara, Inc., Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 03/29/2032, (0.00% Floor) | 468000 | 470569 |
|  Barracuda Networks, Inc., Senior Secured First Lien, 8.78% (3 mo. SOFR US + 4.50%), 08/15/2029, (0.50% Floor) | 1321140 | 1101005 |
|  Barracuda Networks, Inc., Senior Secured Second Lien, 11.28% (3 mo. SOFR US + 7.00%), 08/15/2030, (0.50% Floor) | 461277 | 286568 |
|  Boxer Parent Co., Inc., Senior Secured First Lien, 7.33% (3 mo. SOFR US + 3.00%), 07/30/2031, (0.00% Floor) | 976572 | 971626 |
|  Boxer Parent Co., Inc., Senior Secured Second Lien, 10.08% (3 mo. SOFR US + 5.75%), 07/30/2032, (0.00% Floor) | 812770 | 792963 |
|  CCC Intelligent Solutions, Inc., Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 01/23/2032, (0.50% Floor) | 273250 | 273764 |
|  Central Parent LLC, Senior Secured First Lien, 7.55% (3 mo. SOFR US + 3.25%), 07/06/2029, (0.00% Floor) | 1961622 | 1642956 |
| Cloud Software Group, Inc., Senior Secured First Lien | Cloud Software Group, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.80% (3 mo. SOFR US + 3.50%), 03/29/2029, (0.50% Floor) | 1534168 | 1537566 |
| &nbsp;&nbsp; 8.05% (3 mo. SOFR US + 3.75%), 03/24/2031, (0.50% Floor) | 410790 | 411945 |
|  Clover Holdings 2 LLC, Senior Secured First Lien, 8.31% (3 mo. SOFR US + 4.00%), 12/09/2031, (0.00% Floor) | 849661 | 852049 |
|  ConnectWise LLC, Senior Secured First Lien, 8.32% (3 mo. SOFR US + 3.50%), 09/29/2028, (0.50% Floor) | 850623 | 856028 |
|  Dcert Buyer, Inc., Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 10/16/2026, (0.00% Floor) | 981035 | 973878 |
|  Delivery Hero Finco LLC, Senior Secured First Lien, 9.30% (3 mo. SOFR US + 5.00%), 12/12/2029, (0.50% Floor) | 2234818 | 2259267 |
|  E2open LLC, Senior Secured First Lien, 8.06% (1 mo. SOFR US + 3.50%), 02/04/2028, (0.50% Floor) | 1098220 | 1103321 |
|  Ensono, Inc., Senior Secured First Lien, 8.56% (1 mo. SOFR US + 4.00%), 05/30/2028, (0.75% Floor) | 1509820 | 1512749 |
|  Flexera Software LLC, Senior Secured First Lien, 7.31% (3 mo. SOFR US + 3.00%), 03/03/2028, (0.75% Floor) | 1099912 | 1102073 |
|  Gen Digital, Inc., Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 09/12/2029, (0.50% Floor) | 345956 | 345872 |
|  Javelin Buyer, Inc., Senior Secured First Lien, 7.33% (3 mo. SOFR US + 3.00%), 12/08/2031, (0.00% Floor) | 410535 | 412715 |
|  Kaseya, Inc., Senior Secured First Lien, 7.58% (1 mo. SOFR US + 3.25%), 03/22/2032, (0.00% Floor) | 545633 | 548404 |
|  Leia Finco US LLC, Senior Secured First Lien, 7.46% (3 mo. SOFR US + 3.25%), 10/09/2031, (0.00% Floor) | 676712 | 678143 |
|  Leia Finco US LLC, Senior Secured Second Lien, 9.46% (3 mo. SOFR US + 5.25%), 10/12/2032, (0.00% Floor) | 281000 | 279536 |
|  Marcel Bidco LLC, Senior Secured First Lien, 7.79% (SOFR + 3.50%), 11/13/2030, (0.50% Floor) | 542284 | 546015 |
|  McAfee Corp., Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 03/01/2029, (0.50% Floor) | 1738796 | 1692249 |
| MH Sub I LLC, Senior Secured First Lien | MH Sub I LLC, Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.58% (1 mo. SOFR US + 4.25%), 05/03/2028, (0.50% Floor) | 631205 | 593333 |
| &nbsp;&nbsp; 8.58% (1 mo. SOFR US + 4.25%), 12/31/2031, (0.50% Floor) | 1130083 | 984941 |
|  Modena Buyer LLC, Senior Secured First Lien, 8.78% (3 mo. SOFR US + 4.50%), 07/01/2031, (0.00% Floor) | 1548883 | 1495640 |
|  N-Able International Holdings II LLC, Senior Secured First Lien, 7.61% (3 mo. SOFR US + 2.75%), 07/19/2028, (0.50% Floor) | 493763 | 493145 |
|  Optiv Parent, Inc., Senior Secured First Lien, 9.53% (3 mo. SOFR US + 5.25%), 07/31/2026, (1.00% Floor) | 1054863 | 857077 |
|  Peraton Corp., Senior Secured First Lien, 8.28% (1 mo. SOFR US + 3.75%), 02/01/2028, (0.75% Floor) | 1274690 | 1128898 |
|  Plano HoldCo, Inc., Senior Secured First Lien, 7.80% (3 mo. SOFR US + 3.50%), 10/02/2031, (0.00% Floor) | 968573 | 922565 |
|  Polaris Newco LLC, Senior Secured First Lien, 8.41% (3 mo. SOFR US + 3.75%), 06/05/2028, (0.50% Floor) | 2345829 | 2289294 |
| Project Alpha Intermediate Holding, Inc., Senior Secured First Lien | Project Alpha Intermediate Holding, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 7.55% (3 mo. SOFR US + 3.25%), 10/28/2030, (0.50% Floor) | 395550 | 397858 |
| &nbsp;&nbsp; 7.56% (3 mo. SOFR US + 3.25%), 10/28/2030, (0.50% Floor) | 198935 | 200096 |
|  Proofpoint, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 08/31/2028, (0.50% Floor) | 1792245 | 1795453 |
|  Quartz Acquireco LLC, Senior Secured First Lien, 6.55% (3 mo. SOFR US + 2.25%), 06/28/2030, (0.00% Floor) | 517778 | 520366 |
|  RealPage, Inc., Senior Secured First Lien, 7.67% (3 mo. SOFR US + 3.00%), 04/24/2028, (0.50% Floor) | 1111243 | 1104859 |
| Rithum Holdings, Inc., Senior Secured First Lien | Rithum Holdings, Inc., Senior Secured First Lien |  |
| &nbsp;&nbsp; 8.66% (3 mo. SOFR US + 4.00%), 12/02/2027, (0.75% Floor) | 1063919 | 1059270 |
| &nbsp;&nbsp; 10.76% (3 mo. SOFR US + 6.25%), 12/29/2027, (0.00% Floor) | 519422 | 518936 |
|  Rocket Software, Inc., Senior Secured First Lien, 8.58% (1 mo. SOFR US + 4.25%), 11/28/2028, (0.50% Floor) | 547136 | 549024 |
|  Sedgwick Claims Management Services, Inc., Senior Secured First Lien, 7.33% (1 mo. SOFR US + 3.00%), 07/31/2031, (0.00% Floor) | 616748 | 619663 |
|  Starlight Parent LLC, Senior Secured First Lien, 8.26% (3 mo. SOFR US + 4.00%), 04/16/2032, (0.00% Floor) | 420000 | 411688 |
|  UKG, Inc., Senior Secured First Lien, 7.31% (1 mo. SOFR US + 3.00%), 02/10/2031, (0.00% Floor) | 1359215 | 1365882 |
|  VS Buyer LLC, Senior Secured First Lien, 7.02% (3 mo. SOFR US + 2.75%), 04/14/2031, (0.00% Floor) | 976224 | 982325 |
|  Zodiac Purchaser LLC, Senior Secured First Lien, 7.83% (1 mo. SOFR US + 3.50%), 02/17/2032, (0.00% Floor) | 415000 | 413703 |
|  |  | 41383417 |
| **TELECOM SERVICES: DIVERSIFIED - 3.6%** | **TELECOM SERVICES: DIVERSIFIED - 3.6%** |  |
|  Altice France SA, Senior Secured First Lien, 9.76% (3 mo. SOFR US + 5.50%), 08/31/2028, (0.00% Floor) | 910737 | 827504 |
|  Cincinnati Bell, Inc., Senior Secured First Lien, 7.08% (1 mo. SOFR US + 2.75%), 11/24/2028, (0.50% Floor) | 1733623 | 1737342 |
|  Crown Subsea Communications Holding, Inc., Senior Secured First Lien, 8.33% (3 mo. SOFR US + 4.00%), 01/30/2031, (0.75% Floor) | 1097499 | 1105961 |
|  Frontier Communications Holdings LLC, Senior Secured First Lien, 6.79% (3 mo. SOFR US + 2.50%), 07/01/2031, (0.00% Floor) | 819885 | 821250 |
|  Level 3 Financing, Inc., Senior Secured First Lien, 8.58% (1 mo. SOFR US + 4.25%), 03/01/2027, (0.50% Floor) | 830000 | 840205 |
|  Lumen Technologies, Inc., Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.35%), 04/16/2029, (2.00% Floor) | 1260684 | 1247296 |
|  Radiate Holdco LLC, Senior Secured First Lien, 7.83%, 09/25/2029 <sup>(b)</sup> | 803175 | 748168 |
|  Voyage Australia Pty Ltd., Senior Secured First Lien, 8.30% (3 mo. SOFR US + 3.50%), 07/20/2028, (0.50% Floor) | 462963 | 465472 |
|  Windstream Services LLC, Senior Secured First Lien, 9.28% (1 mo. SOFR US + 4.75%), 10/06/2031, (0.00% Floor) | 370455 | 372771 |
|  Zayo Group Holdings, Inc., Senior Secured First Lien, 8.58% (1 mo. SOFR US + 4.25%), 03/09/2027, (0.50% Floor) | 1454497 | 1400710 |
|  Ziggo Financing Partnership, Senior Secured First Lien, 7.04% (1 mo. SOFR US + 2.50%), 04/28/2028, (0.00% Floor) | 561000 | 549334 |
|  |  | 10116013 |
| **TRANSPORTATION - 1.9%** | **TRANSPORTATION - 1.9%** |  |
|  AAdvantage Loyalty IP Ltd., Senior Secured First Lien, 7.58% (3 mo. SOFR US + 3.25%), 05/28/2032, (0.00% Floor) | 416000 | 419224 |
|  Avis Budget Car Rental LLC, Senior Secured First Lien, 6.31% (1 mo. SOFR US + 1.75%), 08/06/2027, (0.00% Floor) | 2387158 | 2370746 |
|  Carriage Purchaser, Inc., Senior Secured First Lien, 8.33% (1 mo. SOFR US + 4.00%), 09/29/2028, (0.75% Floor) | 408870 | 410710 |
|  Cubic Corp., Senior Secured First Lien, 9.11% (3 mo. SOFR US + 4.25%), 05/25/2028, (0.75% Floor) | 1130975 | 605591 |
|  SkyMiles IP Ltd., Senior Secured First Lien, 8.02% (3 mo. SOFR US + 3.75%), 10/20/2027, (1.00% Floor) | 244848 | 246731 |
|  Stonepeak Nile Parent LLC, Senior Secured First Lien, 6.98% (3 mo. SOFR US + 2.75%), 04/12/2032, (0.00% Floor) | 464000 | 466088 |
|  WWEX Uni Topco Holdings LLC, Senior Secured First Lien, 8.30% (3 mo. SOFR US + 4.00%), 07/26/2028, (0.75% Floor) | 820636 | 821679 |
|  |  | 5340769 |
| **UTILITIES: POWER - 1.5%** | **UTILITIES: POWER - 1.5%** |  |
|  Alpha Generation LLC, Senior Secured First Lien, 6.33% (1 mo. SOFR US + 2.00%), 09/30/2031, (0.00% Floor) | 275455 | 275408 |
|  Calpine Corp., Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 02/27/2032, (0.00% Floor) | 693000 | 693655 |
|  Cornerstone Generation LLC, Senior Secured First Lien, 7.95% (1 mo. Term SOFR + 3.25%), 10/28/2031 | 505129 | 508286 |
|  Eastern Power LLC, Senior Secured First Lien, 9.58% (1 mo. SOFR US + 5.25%), 04/03/2028, (1.00% Floor) | 638081 | 640030 |
|  Lightning Power LLC, Senior Secured First Lien, 6.55% (3 mo. SOFR US + 2.25%), 08/18/2031, (0.00% Floor) | 827745 | 830216 |
|  Lightstone Holdco LLC, Senior Secured First Lien, 10.03% (3 mo. SOFR US + 5.75%), 01/29/2027, (1.00% Floor) | 976688 | 979228 |
|  WaterBridge NDB Operating LLC, Senior Secured First Lien, 8.30% (3 mo. SOFR US + 4.00%), 05/10/2029, (0.00% Floor) | 279690 | 280040 |
|  |  | 4206863 |
| **TOTAL BANK LOANS** (Cost $246,462,139) | **TOTAL BANK LOANS** (Cost $246,462,139) | 244787137 |
| **CORPORATE BONDS - 7.0% <sup>(c)</sup>** |  |  |
| **AEROSPACE & DEFENSE - 0.1%** | **AEROSPACE & DEFENSE - 0.1%** |  |
| Bombardier, Inc. | Bombardier, Inc. |  |
| &nbsp;&nbsp; 7.13%, 06/15/2026 <sup>(d)</sup> | 176000 | 176478 |
| &nbsp;&nbsp; 7.88%, 04/15/2027 <sup>(d)</sup> | 74000 | 74474 |
|  |  | 250952 |
| **AUTOMOTIVE - 0.5%** | **AUTOMOTIVE - 0.5%** |  |
|  Clarios Global LP / Clarios US Finance Co., 8.50%, 05/15/2027 <sup>(d)</sup> | 1350000 | 1358444 |
| **BUILDING PRODUCTS - 0.2%** | **BUILDING PRODUCTS - 0.2%** |  |
|  Standard Industries, Inc./NY, 3.38%, 01/15/2031 <sup>(d)</sup> | 600000 | 538507 |
| **CHEMICALS - 0.1%** | **CHEMICALS - 0.1%** |  |
|  Olympus Water US Holding Corp., 7.13%, 10/01/2027 <sup>(d)</sup> | 200000 | 203780 |
|  Trinseo Luxco Finance SPV Sarl / Trinseo NA Finance SPV LLC, 7.63% (or 2.50% PIK), 05/03/2029 <sup>(d)</sup> | 202300 | 121886 |
|  |  | 325666 |
| **CONSUMER DISCRETIONARY - 0.4%** | **CONSUMER DISCRETIONARY - 0.4%** |  |
|  Under Armour, Inc., 7.25%, 07/15/2030 <sup>(d)</sup> | 1000000 | 1015206 |
| **FINANCIALS: THRIFTS & MORTGAGES - 0.1%** | **FINANCIALS: THRIFTS & MORTGAGES - 0.1%** |  |
|  Freedom Mortgage Corp., 6.63%, 01/15/2027 <sup>(d)</sup> | 278000 | 278691 |
| **HEALTHCARE: EQUIPMENT & SUPPLIES - 0.2%** | **HEALTHCARE: EQUIPMENT & SUPPLIES - 0.2%** |  |
|  Owens & Minor, Inc., 6.63%, 04/01/2030 <sup>(d)</sup> | 453000 | 425944 |
| **HEALTHCARE: FACILITIES - 1.0%** | **HEALTHCARE: FACILITIES - 1.0%** |  |
|  CHS/Community Health Systems, Inc., 5.63%, 03/15/2027 <sup>(d)</sup> | 560000 | 551939 |
|  Prime Healthcare Services, Inc., 9.38%, 09/01/2029 <sup>(d)</sup> | 1006000 | 999169 |
|  Tenet Healthcare Corp., 6.25%, 02/01/2027 | 1311000 | 1311769 |
|  |  | 2862877 |
| **HEALTHCARE: PHARMA & BIOTECH - 0.3%** | **HEALTHCARE: PHARMA & BIOTECH - 0.3%** |  |
|  Organon & Co. / Organon Foreign Debt Co.-Issuer BV, 4.13%, 04/30/2028 <sup>(d)</sup> | 581000 | 559153 |
|  Teva Pharmaceutical Finance Netherlands III BV, 3.15%, 10/01/2026 | 301000 | 295341 |
|  |  | 854494 |
| **HEALTHCARE: REITs - 0.3%** | **HEALTHCARE: REITs - 0.3%** |  |
|  MPT Operating Partnership LP / MPT Finance Corp., 3.50%, 03/15/2031 | 1270000 | 899069 |
| **INDUSTRIAL MACHINERY - 0.2%** | **INDUSTRIAL MACHINERY - 0.2%** |  |
|  Oregon Tool Lux LP, 7.88%, 10/15/2029 <sup>(d)(e)</sup> | 25915 | 15290 |
|  VOC Escrow Ltd., 5.00%, 02/15/2028 <sup>(d)</sup> | 418000 | 416150 |
|  |  | 431440 |
| **LEISURE: CASINOS & GAMING - 1.3%** | **LEISURE: CASINOS & GAMING - 1.3%** |  |
|  Allwyn Entertainment Financing UK PLC, 7.88%, 04/30/2029 <sup>(d)</sup> | 440000 | 459399 |
|  International Game Technology PLC, 4.13%, 04/15/2026 <sup>(d)</sup> | 1095000 | 1095080 |
|  Light & Wonder International, Inc., 7.00%, 05/15/2028 <sup>(d)</sup> | 404000 | 405429 |
| Premier Entertainment Sub LLC / Premier Entertainment Finance Corp. | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp. |  |
| &nbsp;&nbsp; 5.63%, 09/01/2029 <sup>(d)</sup> | 561000 | 321874 |
| &nbsp;&nbsp; 5.88%, 09/01/2031 <sup>(d)</sup> | 562000 | 308397 |
|  Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp., 6.63%, 02/01/2033 <sup>(d)</sup> | 950000 | 951988 |
|  |  | 3542167 |
| **LEISURE: HOTELS - 0.2%** | **LEISURE: HOTELS - 0.2%** |  |
|  Royal Caribbean Cruises Ltd., 5.50%, 08/31/2026 <sup>(d)</sup> | 421000 | 422753 |
| **LEISURE: RESTAURANTS - 0.2%** | **LEISURE: RESTAURANTS - 0.2%** |  |
|  GrubHub Holdings, Inc., 5.50%, 07/01/2027 <sup>(d)</sup> | 500000 | 485774 |
| **MEDIA: DIVERSIFIED - 0.1%** | **MEDIA: DIVERSIFIED - 0.1%** |  |
|  Getty Images, Inc., 11.25%, 02/21/2030 <sup>(d)</sup> | 300000 | 298011 |
| **MEDIA: ENTERTAINMENT - 0.1%** | **MEDIA: ENTERTAINMENT - 0.1%** |  |
|  Live Nation Entertainment, Inc., 6.50%, 05/15/2027 <sup>(d)</sup> | 393000 | 399073 |
| **METALS & MINING - 0.0%<sup>(f)</sup>** | **METALS & MINING - 0.0%<sup>(f)</sup>** |  |
|  GrafTech Finance, Inc., 4.63%, 12/23/2029 <sup>(d)</sup> | 127000 | 87630 |
| **MIDSTREAM: STORAGE & TRANSPORT - 0.5%** | **MIDSTREAM: STORAGE & TRANSPORT - 0.5%** |  |
| Venture Global Calcasieu Pass LLC | Venture Global Calcasieu Pass LLC |  |
| &nbsp;&nbsp; 6.25%, 01/15/2030 <sup>(d)</sup> | 290000 | 299313 |
| &nbsp;&nbsp; 3.88%, 11/01/2033 <sup>(d)</sup> | 510000 | 446408 |
|  Venture Global LNG, Inc., 8.13%, 06/01/2028 <sup>(d)</sup> | 712000 | 736328 |
|  |  | 1482049 |
| **OIL & GAS: EQUIPMENT & SERVICES - 0.1%** | **OIL & GAS: EQUIPMENT & SERVICES - 0.1%** |  |
|  Borr IHC Ltd. / Borr Finance LLC, 10.00%, 11/15/2028 <sup>(d)</sup> | 378465 | 345972 |
| **RETAILING - 0.3%** | **RETAILING - 0.3%** |  |
|  Wayfair LLC, 7.75%, 09/15/2030 <sup>(d)</sup> | 852000 | 859418 |
| **TECHNOLOGY: SOFTWARE & SERVICES - 0.3%** | **TECHNOLOGY: SOFTWARE & SERVICES - 0.3%** |  |
|  Central Parent LLC / CDK Global II LLC / CDK Financing Co., Inc., 8.00%, 06/15/2029 <sup>(d)</sup> | 314000 | 260011 |
|  Central Parent, Inc. / CDK Global, Inc., 7.25%, 06/15/2029 <sup>(d)</sup> | 332000 | 271048 |
|  Elastic NV, 4.13%, 07/15/2029 <sup>(d)</sup> | 431000 | 412200 |
|  |  | 943259 |
| **TELECOM SERVICES: DIVERSIFIED - 0.5%** | **TELECOM SERVICES: DIVERSIFIED - 0.5%** |  |
| Iliad Holding SASU | Iliad Holding SASU |  |
| &nbsp;&nbsp; 7.00%, 10/15/2028 <sup>(d)</sup> | 400000 | 407621 |
| &nbsp;&nbsp; 7.00%, 04/15/2032 <sup>(d)</sup> | 641000 | 657558 |
|  Lumen Technologies, Inc., 4.13%, 04/15/2029 <sup>(d)</sup> | 294000 | 287017 |
|  |  | 1352196 |
| **TOTAL CORPORATE BONDS** (Cost $20,065,411) | **TOTAL CORPORATE BONDS** (Cost $20,065,411) | 19459592 |
| **EXCHANGE TRADED FUNDS - 3.1% <sup>(c)</sup>** | **Shares** |  |
| Invesco Senior Loan ETF | 417780 | 8739958 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $8,771,810) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $8,771,810) | 8739958 |
| **SHORT-TERM INVESTMENTS - 5.1% <sup>(c)</sup>** |  |  |
| **Money Market Funds - 5.1%** |  |  |
| First American Government Obligations Fund - Class X, 4.25% <sup>(g)</sup> | 14092980 | 14092980 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $14,092,980) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $14,092,980) | 14092980 |
| **TOTAL INVESTMENTS - 103.0% (**Cost $289,392,340**)** | **TOTAL INVESTMENTS - 103.0% (**Cost $289,392,340**)** | 287079667 |
| Liabilities in Excess of Other Assets - (3.0)% | Liabilities in Excess of Other Assets - (3.0)% | &nbsp;&nbsp; (8328928) |
| **TOTAL NET ASSETS - 100.0%** |  | 278750739 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by Shenkman Capital Management, Inc. Industries presented are at the discretion of Shenkman Capital Management, Inc. and therefore may not follow the exact naming convention prescribed by GICS. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by Shenkman Capital Management, Inc. Industries presented are at the discretion of Shenkman Capital Management, Inc. and therefore may not follow the exact naming convention prescribed by GICS. |  |

---

PIK - Payment in Kind <br> REIT - Real Estate Investment Trust <br> SOFR - Secured Overnight Financing Rate

(a) All or a portion of the loan is unfunded.

(b) Coupon rate may be variable or floating based on components other than reference rate and spread. These securities may not indicate a reference rate and/or spread in their description. The rate
 disclosed is as of June 30, 2025.

(c) All or a portion is posted as collateral for delayed settlement securities.

(d) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $16,953,413 or 6.1% of the Fund's net assets.

(e) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $15,290 or 0.0% of net assets as of June 30, 2025.

(f) Represents less than 0.05% of net assets.

(g) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
Shenkman Capital Floating Rate High Income Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | $– | $244787137 | $– | $244787137 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 19444302 | 15290 | 19459592 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 8739958 | – | – | 8739958 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 14092980 | – | – | 14092980 |
| Total Investments | $22832938 | $264231439 | $15290 | $287079667 |

---

<br> Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were no transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year's annual report.

---

| | |
|:---|:---|
| **Fair Value Measurement Using Significant Unobservable Inputs** | **<u>Corporate Bonds</u>** |
| Beginning balance as of September 30, 2024 | $0 |
| Corporate Actions | 15290 |
| Ending balance as of June 30, 2025 | $15290 |
|  | $0 |
| Change in unrealized appreciation / depreciation still held as of June 30, 2025 | $0 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Advisors Series Trust

- **b. Investment Company Act file number:** 811-07959

- **c. CIK number of Registrant:** 0001027596

- **d. LEI of Registrant:** 2549003Z0J6URS6I4Y63

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 626-914-7363

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

- **a. Name of Series:** Shenkman Capital Floating Rate High Income Fund

- **b. EDGAR series identifier (if any):** S000046128

- **c. LEI of Series:** 25490033XLC09J6PWQ24

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $298912163.24

**Total Liabilities:** $21777323.65

**Net Assets:** $277134839.59

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1653.124428000000 | **1-Year:** 15.965008000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 85114.332883000000 | **1-Year:** 3338.332739000000 | **5-Year:** 4995.837651000000 | **10-Year:** 482.258006000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144368 | -0.03%               | 1.63%                | 0.76%                |
| Class ID C000165120 | -0.03%               | 1.63%                | 0.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-218598.18              | $-1620770.94                               |
| Month 2  | $-117351.14              | $2668478.04                                |
| Month 3  | $69814.69                | $319787.98                                 |

**Designated Index Information**

- **Index Name:** N/A

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GRAFTECH FINANCE INC                      | GrafTech Finance Inc                                                           | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    127000 | PA      | $87630.00     | 0.03%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                   | Light & Wonder International Inc                                               | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    404000 | PA      | $405429.33    | 0.15%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                     | Tenet Healthcare Corp                                                          | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1311000 | PA      | $1311768.84   | 0.47%             | 2027-02-01      | 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        |    301000 | PA      | $295341.56    | 0.11%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                  | Venture Global Calcasieu Pass LLC                                              | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    510000 | PA      | $446407.56    | 0.16%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GRIFOLS WORLDWIDE OPERAT                  | Grifols Worldwide Operations USA Inc                                           | CUSIP: 39843PAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    966375 | PA      | $964630.34    | 0.35%             | 2027-11-15      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR                  | Gainwell Acquisition Corp                                                      | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1451622 | PA      | $1401904.20   | 0.51%             | 2027-10-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| PETSMART INC                              | PetSmart LLC                                                                   | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1366596 | PA      | $1355492.45   | 0.49%             | 2028-02-14      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                              | Peraton Corp                                                                   | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   1278092 | PA      | $1131909.98   | 0.41%             | 2028-02-01      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| TORY BURCH LLC                            | Tory Burch LLC                                                                 | CUSIP: 89148GAF7<br>LEI: 549300GGL74W33KY2650 | Long             | LON              | CORP              | US        |    569912 | PA      | $568130.69    | 0.21%             | 2028-04-17      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| ENSONO INC                                | Ensono Inc                                                                     | CUSIP: 29359DAB3<br>LEI: 5493003GTMBHX0VZAW67 | Long             | LON              | CORP              | US        |   1512988 | PA      | $1515922.99   | 0.55%             | 2028-05-30      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| EAB GLOBAL INC                            | EAB Global Inc                                                                 | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |    423001 | PA      | $416127.59    | 0.15%             | 2030-08-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| VOYAGE AUSTRALIA PTY LTD                  | Voyage Australia Pty Ltd                                                       | CUSIP: N/A<br>LEI: 984500552F00VE5LE453       | Long             | LON              | CORP              | AU        |    464165 | PA      | $466680.77    | 0.17%             | 2028-07-20      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| PADAGIS LLC                               | Padagis LLC                                                                    | CUSIP: 69526PAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    263174 | PA      | $247383.66    | 0.09%             | 2028-07-06      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| ENTAIN HOLDINGS GIBRALTA                  | Entain Holdings Gibraltar Ltd                                                  | CUSIP: N/A<br>LEI: 213800ATWJIEYQ8NF838       | Long             | LON              | CORP              | GI        |   1336571 | PA      | $1339491.47   | 0.48%             | 2027-03-16      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE OPERATING CO               | TransMontaigne Operating Co LP                                                 | CUSIP: 89376WAH1<br>LEI: 549300V4T155OZCUJ734 | Long             | LON              | CORP              | US        |    481379 | PA      | $483918.48    | 0.17%             | 2028-11-17      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                         | Owens & Minor Inc                                                              | CUSIP: 69073LAD2<br>LEI: 549300LMT5KQQXCEZ733 | Long             | LON              | CORP              | US        |     33082 | PA      | $33330.31     | 0.01%             | 2029-03-29      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                         | Owens & Minor Inc                                                              | CUSIP: 69073LAD2<br>LEI: 549300LMT5KQQXCEZ733 | Long             | LON              | CORP              | US        |     15411 | PA      | $15526.54     | 0.01%             | 2029-03-29      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                  | Team Health Holdings Inc                                                       | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |    969998 | PA      | $966661.37    | 0.35%             | 2027-03-02      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                               | Tenneco Inc                                                                    | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |      1947 | PA      | $1904.84      | 0.00%             | 2028-11-17      | Floating      | 9.40%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                              | MH Sub I LLC                                                                   | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    632742 | PA      | $594777.08    | 0.21%             | 2028-05-03      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP                     | Ontario Gaming GTA LP                                                          | CUSIP: N/A<br>LEI: 894500EC9KLZLOC3V025       | Long             | LON              | CORP              | CA        |    549230 | PA      | $544681.93    | 0.20%             | 2030-08-01      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                  | Northriver Midstream Finance LP                                                | CUSIP: 66679PAB1<br>LEI: 549300SOLNLY3BL6GF18 | Long             | LON              | CORP              | CA        |    727051 | PA      | $730762.49    | 0.26%             | 2030-08-16      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                           | Star Parent Inc                                                                | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |    420207 | PA      | $416639.70    | 0.15%             | 2030-09-30      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                       | Rocket Software Inc                                                            | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |    548515 | PA      | $550406.97    | 0.20%             | 2028-11-28      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| JFL-Tiger Acquisition Co., Inc.           | JFL-Tiger Acquisition Co., Inc., Senior Secured First Lien Term Loan           | CUSIP: 465966AB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    497001 | PA      | $499590.12    | 0.18%             | 2030-10-17      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| PLUTO ACQUISITION I INC                   | Pluto Acquisition I Inc                                                        | CUSIP: 72941DAH5<br>LEI: 254900MOXD90LKQ6AY47 | Long             | LON              | CORP              | US        |     90065 | PA      | $91416.10     | 0.03%             | 2028-06-20      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| PLUTO ACQUISITION I INC                   | Pluto Acquisition I Inc                                                        | CUSIP: 72941DAK8<br>LEI: 254900MOXD90LKQ6AY47 | Long             | LON              | CORP              | US        |    466000 | PA      | $408623.75    | 0.15%             | 2028-09-20      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                             | TransDigm Inc                                                                  | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    722812 | PA      | $726180.36    | 0.26%             | 2028-08-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                   | Global Medical Response Inc                                                    | CUSIP: 00169QAG4<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |   2266557 | PA      | $2272540.50   | 0.82%             | 2028-10-02      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| EIG MANAGEMENT CO LLC                     | EIG Management Co LLC                                                          | CUSIP: 26858HAD2<br>LEI: 5493007EDFEL0IR8BD89 | Long             | LON              | CORP              | US        |    632988 | PA      | $629822.56    | 0.23%             | 2029-05-17      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                               | Staples Inc                                                                    | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |    525550 | PA      | $486320.34    | 0.18%             | 2029-09-10      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| TRIPADVISOR INC                           | TripAdvisor Inc                                                                | CUSIP: 89677NAE4<br>LEI: 549300XVG45PT5BART17 | Long             | LON              | CORP              | US        |    276800 | PA      | $276454.33    | 0.10%             | 2031-07-08      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                          | TKC Holdings Inc                                                               | CUSIP: 87256FAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1446247 | PA      | $1451070.45   | 0.52%             | 2028-05-15      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| TOSCA SERVICES LLC                        | Tosca Services LLC                                                             | CUSIP: 89148PAL4<br>LEI: 5493005QOAEK5WNBJW47 | Long             | LON              | CORP              | US        |    594093 | PA      | $534535.19    | 0.19%             | 2028-11-30      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| TOSCA SERVICES LLC                        | Tosca Services LLC                                                             | CUSIP: 89148PAL4<br>LEI: 5493005QOAEK5WNBJW47 | Long             | LON              | CORP              | US        |     15132 | PA      | $13615.26     | 0.00%             | 2028-11-30      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| US FERTILITY ENTERPRISES                  | US Fertility Enterprises LLC                                                   | CUSIP: 90356EAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     12267 | PA      | $12359.41     | 0.00%             | 2031-10-14      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| US FERTILITY ENTERPRISES                  | US Fertility Enterprises LLC                                                   | CUSIP: 90356EAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     26068 | PA      | $26263.72     | 0.01%             | 2031-10-14      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| TAMKO BUILDING PRODUCTS INC               | Tamko Building Products LLC                                                    | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |     45612 | PA      | $45782.64     | 0.02%             | 2030-09-20      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS                     | Endo Finance Holdings Inc                                                      | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1111127 | PA      | $1111821.35   | 0.40%             | 2031-04-23      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC                  | Zelis Payments Buyer Inc                                                       | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    275310 | PA      | $274219.77    | 0.10%             | 2031-11-26      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| TERRIER MEDIA BUYER INC                   | CMG Media Corp                                                                 | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    457247 | PA      | $444322.94    | 0.16%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| UFC HOLDINGS LLC                          | UFC Holdings LLC                                                               | CUSIP: 90266UAK9<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |    683568 | PA      | $686896.77    | 0.25%             | 2031-11-21      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                            | Sabre GLBL Inc                                                                 | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    450090 | PA      | $450089.58    | 0.16%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                            | Sabre GLBL Inc                                                                 | CUSIP: 78571YBL3<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |     52439 | PA      | $50013.53     | 0.02%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| KODIAK BP LLC                             | Kodiak BP LLC                                                                  | CUSIP: 50011JAF7<br>LEI: 549300Y1Q6ZUH0EXO182 | Long             | LON              | CORP              | US        |    336000 | PA      | $324379.44    | 0.12%             | 2031-12-04      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| SOLENIS HOLDINGS LTD                      | Solenis Holdings Ltd                                                           | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    276378 | PA      | $273677.74    | 0.10%             | 2031-06-23      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| TRIDENT TECHNOLOGIES LLC                  | Trident Technologies LLC                                                       | CUSIP: 89617EAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    546000 | PA      | $548047.50    | 0.20%             | 2032-02-09      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC              | Focus Financial Partners LLC                                                   | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |    594250 | PA      | $593658.90    | 0.21%             | 2031-09-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| TECTA AMERICA CORP                        | Tecta America Corp                                                             | CUSIP: N/A<br>LEI: 54930083ULRH07WCC129       | Long             | LON              | CORP              | US        |    853000 | PA      | $855934.32    | 0.31%             | 2032-02-18      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| FINANCIERE MENDEL SASU                    | Financiere Mendel SASU                                                         | CUSIP: 58650YAD8<br>LEI: 969500FG3VYTO80D0A13 | Long             | LON              | CORP              | FR        |    665293 | PA      | $666955.83    | 0.24%             | 2030-11-13      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                  | TK Elevator US Newco Inc                                                       | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |    657046 | PA      | $659509.74    | 0.24%             | 2030-04-30      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING III BV                       | Peer Holding III BV                                                            | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |    741944 | PA      | $747393.16    | 0.27%             | 2030-10-28      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                     | Level 3 Financing Inc                                                          | CUSIP: 52729KAP1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |    830000 | PA      | $840204.85    | 0.30%             | 2027-03-01      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| DOTDASH MEREDITH INC                      | Dotdash Meredith Inc                                                           | CUSIP: 25849KAH0<br>LEI: 549300R2AA7U9CJUQO13 | Long             | LON              | CORP              | US        |    643000 | PA      | $645144.41    | 0.23%             | 2032-06-16      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| GRYPHON DEBT MERGER SUB                   | Gryphon Debt Merger Sub Inc                                                    | CUSIP: 40054QAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    922000 | PA      | $922963.49    | 0.33%             | 2032-06-21      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| JANUS INTERNATIONAL GROUP                 | Janus International Group LLC                                                  | CUSIP: 47102DAN9<br>LEI: 549300EG57ZJJG8NC776 | Long             | LON              | CORP              | US        |    272788 | PA      | $272549.51    | 0.10%             | 2030-08-05      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                         | Iliad Holding SASU                                                             | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $407621.27    | 0.15%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALIXPARTNERS LLP                          | AlixPartners LLP                                                               | CUSIP: 01642PBB1<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |    273470 | PA      | $274804.89    | 0.10%             | 2028-02-04      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                    | First Brands Group LLC                                                         | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    566186 | PA      | $536480.93    | 0.19%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC                        | Everi Holdings Inc                                                             | CUSIP: 30034UAC4<br>LEI: 5299006DK5S7BG10K532 | Long             | LON              | CORP              | US        |    434388 | PA      | $435536.45    | 0.16%             | 2028-08-03      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| HUNTER US BIDCO INC                       | Hunter US Bidco Inc                                                            | CUSIP: 12509YAE6<br>LEI: 549300KXGY77REE4ZR63 | Long             | LON              | CORP              | US        |    340781 | PA      | $325446.27    | 0.12%             | 2028-08-21      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| EXAMWORKS BIDCO INC                       | Examworks Bidco Inc                                                            | CUSIP: 28542CAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    947537 | PA      | $951023.82    | 0.34%             | 2028-11-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                          | CSC Holdings LLC                                                               | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    551189 | PA      | $544610.29    | 0.20%             | 2028-01-18      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                               | Asurion LLC                                                                    | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1013035 | PA      | $1003714.95   | 0.36%             | 2028-08-21      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| ACCESS CIG LLC                            | Access CIG LLC                                                                 | CUSIP: 00435CAS7<br>LEI: 5493002EU9Z6IQMPAN35 | Long             | LON              | CORP              | US        |   1319883 | PA      | $1327617.11   | 0.48%             | 2028-08-18      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                       | Artera Services LLC                                                            | CUSIP: 73937UAL2<br>LEI: 549300J2G34D0WX8Z443 | Long             | LON              | CORP              | US        |    331563 | PA      | $279152.83    | 0.10%             | 2031-02-10      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| HUBBARD RADIO LLC                         | Hubbard Radio LLC                                                              | CUSIP: 44344HAK1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    319322 | PA      | $186803.19    | 0.07%             | 2027-09-30      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER                  | Edelman Financial Engines Center LLC/The                                       | CUSIP: 27943TAC3<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    942000 | PA      | $947063.25    | 0.34%             | 2028-10-06      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| HARBOR FREIGHT TOOLS                      | Harbor Freight Tools USA Inc                                                   | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |    425401 | PA      | $417114.20    | 0.15%             | 2031-06-11      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                      | Amentum Holdings Inc                                                           | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |    749380 | PA      | $749380.38    | 0.27%             | 2031-09-29      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Howden Group Holdings Ltd                 | Howden Group Holdings Ltd, Senior Secured First Lien Term Loan                 | CUSIP: G4712JAY8<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    213000 | PA      | $214404.74    | 0.08%             | 2030-04-18      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| FNZ USA FINCO                             | FNZ USA FinCo LLC                                                              | CUSIP: 30339HAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1082000 | PA      | $898060.00    | 0.32%             | 2031-11-05      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| ADVISOR GROUP HOLDINGS I                  | Osaic Holdings Inc                                                             | CUSIP: 00775KAK4<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |    273547 | PA      | $274493.87    | 0.10%             | 2028-08-16      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| GRINDING MEDIA INC                        | Grinding Media Inc                                                             | CUSIP: 39854KAC4<br>LEI: 254900IYFJ03EGFQ8C34 | Long             | LON              | CORP              | US        |   1070647 | PA      | $1063955.45   | 0.38%             | 2028-10-12      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| GOOSEHEAD INSURANCE HOLD                  | Goosehead Insurance Holdings LLC                                               | CUSIP: 38267BAE3<br>LEI: 549300DF8P4C7IP1QR40 | Long             | LON              | CORP              | US        |    552000 | PA      | $555795.00    | 0.20%             | 2032-01-08      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                  | GrafTech Global Enterprises Inc                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    104547 | PA      | $105330.87    | 0.04%             | 2029-12-21      | Floating      | 10.32%                | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                      | Garda World Security Corp                                                      | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    274774 | PA      | $275611.64    | 0.10%             | 2029-02-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| HOYA MIDCO LLC                            | Hoya Midco LLC                                                                 | CUSIP: 44325HAF5<br>LEI: 549300LK73TSUP0YKH27 | Long             | LON              | CORP              | US        |   1166560 | PA      | $1024934.00   | 0.37%             | 2029-02-05      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| GFL ES US LLC                             | GFL ES US LLC                                                                  | CUSIP: 36257SAB8<br>LEI: 254900PGDQWC19PRP053 | Long             | LON              | CORP              | US        |    551000 | PA      | $552033.13    | 0.20%             | 2032-03-03      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INC                           | Alera Group Inc                                                                | CUSIP: 01451PAB2<br>LEI: 2549003D76KZAKICNX26 | Long             | LON              | CORP              | US        |    413000 | PA      | $414703.63    | 0.15%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV                      | Flutter Financing BV                                                           | CUSIP: N3313EAJ9<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    429000 | PA      | $429536.25    | 0.15%             | 2032-06-04      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                              | Acrisure LLC                                                                   | CUSIP: 00488PAX3<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    979000 | PA      | $979000.00    | 0.35%             | 2032-06-21      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                       | Insulet Corp                                                                   | CUSIP: 45784QAF6<br>LEI: 549300TZTYD2PYN92D43 | Long             | LON              | CORP              | US        |    548854 | PA      | $553313.69    | 0.20%             | 2031-08-04      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| UNDER ARMOUR INC                          | Under Armour Inc                                                               | CUSIP: 904311AD9<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015205.63   | 0.37%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                  | Venture Global Calcasieu Pass LLC                                              | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    290000 | PA      | $299313.35    | 0.11%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                  | Virgin Media Bristol LLC                                                       | CUSIP: N/A<br>LEI: 213800IQ982XX69LE276       | Long             | LON              | CORP              | US        |    847000 | PA      | $837297.62    | 0.30%             | 2028-01-31      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                           | SkyMiles IP Ltd                                                                | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |    244848 | PA      | $246731.36    | 0.09%             | 2027-10-20      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                   | Allied Universal Holdco LLC                                                    | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |    953228 | PA      | $958847.28    | 0.35%             | 2028-05-15      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                  | Univision Communications Inc                                                   | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    241848 | PA      | $241444.93    | 0.09%             | 2029-06-25      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                   | American Axle & Manufacturing Inc                                              | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |       337 | PA      | $336.47       | 0.00%             | 2029-12-13      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| SEDGWICK CMS INC                          | Sedgwick Claims Management Services Inc                                        | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    618302 | PA      | $621223.41    | 0.22%             | 2031-07-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ACTION ENVIRONMENTAL GRO                  | Action Environmental Group Inc/The                                             | CUSIP: 00507JAF3<br>LEI: 549300BB30QUQC86W666 | Long             | LON              | CORP              | US        |   1614229 | PA      | $1618265.00   | 0.58%             | 2030-10-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| SAPHILUX SARL                             | Saphilux Sarl                                                                  | CUSIP: N/A<br>LEI: 222100CX5OA6ONWOBW66       | Long             | LON              | CORP              | LU        |    620637 | PA      | $624773.60    | 0.23%             | 2028-07-27      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| PG POLARIS BIDCO SARL                     | PG Polaris BidCo Sarl                                                          | CUSIP: 91728NAB5<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | LU        |    537303 | PA      | $539452.59    | 0.19%             | 2031-03-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                     | Polar US Borrower LLC                                                          | CUSIP: 73103NAB8<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |       422 | PA      | $163.75       | 0.00%             | 2028-10-16      | Floating      | 9.88%                 | No            |                  2 | On Loan: No      |
| ALTERRA MOUNTAIN COMPANY                  | Alterra Mountain Co                                                            | CUSIP: 46124CAQ0<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |    622240 | PA      | $626128.51    | 0.23%             | 2028-08-17      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOLDINGS COR                  | Renaissance Holdings Corp                                                      | CUSIP: 75972JAK0<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |   1204725 | PA      | $1097426.17   | 0.40%             | 2030-04-08      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| ABG INTERMEDIATE HLDGS 2                  | ABG Intermediate Holdings 2 LLC                                                | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    739584 | PA      | $740101.94    | 0.27%             | 2028-12-21      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| USI INC/NY                                | USI Inc/NY                                                                     | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |    414405 | PA      | $414179.63    | 0.15%             | 2029-11-23      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| JACK OHIO FINANCE LLC                     | Jack Ohio Finance LLC                                                          | CUSIP: N/A<br>LEI: 5493002ERZW63JFJI167       | Long             | LON              | CORP              | US        |    412000 | PA      | $410584.78    | 0.15%             | 2032-01-30      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| IVI AMERICA LLC                           | IVI America LLC                                                                | CUSIP: 45073SAB1<br>LEI: 549300V0LY56J9HGCK92 | Long             | LON              | CORP              | US        |    565725 | PA      | $571385.08    | 0.21%             | 2031-04-14      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| QUARTZ ACQUIRECO LLC                      | Quartz Acquireco LLC                                                           | CUSIP: 74773KAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    519095 | PA      | $521690.48    | 0.19%             | 2030-06-28      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| VALVOLINE INC                             | Valvoline Inc                                                                  | CUSIP: 92048DAF9<br>LEI: 549300CMHPBEY6VPOT75 | Long             | LON              | CORP              | US        |    275000 | PA      | $276241.63    | 0.10%             | 2032-03-19      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| VERIFONE SYSTEMS INC                      | VeriFone Systems Inc                                                           | CUSIP: 92346NAH2<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |     31632 | PA      | $29686.94     | 0.01%             | 2028-08-21      | Floating      | 10.21%                | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                        | Voyager Parent LLC                                                             | CUSIP: N/A<br>LEI: 2549002DYVI4ACSV4V71       | Long             | LON              | CORP              | US        |   1408000 | PA      | $1395482.88   | 0.50%             | 2032-05-10      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                         | Herc Holdings Inc                                                              | CUSIP: N/A<br>LEI: 549300TP80QLITMSBP82       | Long             | LON              | CORP              | US        |    253000 | PA      | $254265.00    | 0.09%             | 2032-06-02      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| PREGIS TOPCO LLC                          | Pregis TopCo LLC                                                               | CUSIP: 74045BAG2<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |    551312 | PA      | $553585.92    | 0.20%             | 2029-02-01      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                         | Iliad Holding SASU                                                             | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    641000 | PA      | $657557.67    | 0.24%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Invesco Senior Loan ETF                   | Invesco Senior Loan ETF                                                        | CUSIP: 46138G508<br>LEI: 549300SIHU6DQELRNG59 | Long             | EC               | RF                | US        |    417780 | NS      | $8739957.60   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| OREGON TOOL LUX LP                        | Oregon Tool Lux LP                                                             | CUSIP: 68610BAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     25915 | PA      | $15289.89     | 0.01%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  3 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                  | Organon & Co / Organon Foreign Debt Co-Issuer BV                               | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    581000 | PA      | $559152.66    | 0.20%             | 2028-04-30      | Fixed         | 4.12%                 | 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        |    562000 | PA      | $308397.50    | 0.11%             | 2031-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                  | Standard Industries Inc/NY                                                     | CUSIP: 853496AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $538506.60    | 0.19%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ZIGGO FINANCING PARTNERS                  | Ziggo Financing Partnership                                                    | CUSIP: N9833RAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    561000 | PA      | $549334.01    | 0.20%             | 2028-04-28      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| LAKELAND HOLDINGS LLC                     | Lakeland Holdings LLC                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    107661 | PA      | $4171.84      | 0.00%             | 2027-09-27      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH & WELLNESS                   | Petco Health & Wellness Co Inc                                                 | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    450000 | PA      | $415728.00    | 0.15%             | 2028-03-06      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                              | RealPage Inc                                                                   | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   1113757 | PA      | $1107358.06   | 0.40%             | 2028-04-24      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                     | Playtika Holding Corp                                                          | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |   1259956 | PA      | $1241635.75   | 0.45%             | 2028-03-13      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BORROWER                 | Hilton Grand Vacations Borrower LLC                                            | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |    291845 | PA      | $292095.61    | 0.11%             | 2028-08-02      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                      | Michaels Cos Inc/The                                                           | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    543581 | PA      | $456948.17    | 0.16%             | 2028-04-17      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| CWGS GROUP LLC                            | CWGS Group LLC                                                                 | CUSIP: 12670UAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    273263 | PA      | $267815.80    | 0.10%             | 2028-06-05      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                     | Directv Financing LLC                                                          | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    225445 | PA      | $226590.60    | 0.08%             | 2027-08-02      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| HUNTER US BIDCO INC                       | Hunter US Bidco Inc                                                            | CUSIP: 12509YAE6<br>LEI: 549300KXGY77REE4ZR63 | Long             | LON              | CORP              | US        |    387273 | PA      | $369846.01    | 0.13%             | 2028-08-21      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| LABL INC                                  | LABL Inc                                                                       | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |    618047 | PA      | $558946.57    | 0.20%             | 2028-10-30      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                          | Iris Holding Inc                                                               | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    279789 | PA      | $272778.93    | 0.10%             | 2028-06-28      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                          | Iris Holding Inc                                                               | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    264401 | PA      | $257776.10    | 0.09%             | 2028-06-28      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                            | Sabre GLBL Inc                                                                 | CUSIP: 78571YBJ8<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |   1763456 | PA      | $1755079.47   | 0.63%             | 2028-06-30      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                               | Tenneco Inc                                                                    | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |    689582 | PA      | $674583.64    | 0.24%             | 2028-11-17      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| ENERGYSOLUTIONS LLC                       | EnergySolutions LLC                                                            | CUSIP: 29276MAP2<br>LEI: 549300X3SKIUYR2MFH75 | Long             | LON              | CORP              | US        |    300073 | PA      | $302323.07    | 0.11%             | 2030-09-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| OMNIA PARTNERS LLC                        | OMNIA Partners LLC                                                             | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |    524290 | PA      | $525873.05    | 0.19%             | 2030-07-25      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| PLANET US BUYER LLC                       | Planet US Buyer LLC                                                            | CUSIP: 72706RAB2<br>LEI: 254900ZE51SEX2EFFH74 | Long             | LON              | CORP              | US        |    273030 | PA      | $274497.54    | 0.10%             | 2031-02-10      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| UKG INC                                   | UKG Inc                                                                        | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   1362648 | PA      | $1369331.43   | 0.49%             | 2031-02-10      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| PLUTO ACQUISITION I INC                   | Pluto Acquisition I Inc                                                        | CUSIP: 72941DAH5<br>LEI: 254900MOXD90LKQ6AY47 | Long             | LON              | CORP              | US        |      1801 | PA      | $1828.32      | 0.00%             | 2028-06-20      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| DELIVERY HERO FINCO LLC                   | Delivery Hero Finco LLC                                                        | CUSIP: D2007ZAE7<br>LEI: 529900KR9IO53KSCSQ67 | Long             | LON              | CORP              | US        |   2240476 | PA      | $2264986.87   | 0.82%             | 2029-12-12      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                          | ITT Holdings LLC                                                               | CUSIP: 45070BAJ4<br>LEI: 549300TH2PHOLK31LB42 | Long             | LON              | CORP              | US        |    744322 | PA      | $747205.85    | 0.27%             | 2030-10-11      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                   | Global Medical Response Inc                                                    | CUSIP: 00169QAG4<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |     38692 | PA      | $38794.11     | 0.01%             | 2028-10-02      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| IRIDIUM SATELLITE LLC                     | Iridium Satellite LLC                                                          | CUSIP: 46269KAT1<br>LEI: 254900615BJ7139TFM33 | Long             | LON              | CORP              | US        |    829186 | PA      | $831407.81    | 0.30%             | 2030-09-20      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| NEON MAPLE US DEBT MERGE                  | Neon Maple US Debt Mergersub Inc                                               | CUSIP: 69425BAB3<br>LEI: 254900L3D6CI0XH2P605 | Long             | LON              | CORP              | US        |     67957 | PA      | $68147.89     | 0.02%             | 2031-11-17      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| STAR HOLDING LLC                          | Star Holding LLC                                                               | CUSIP: 85512FAC2<br>LEI: 254900BDGPE9N1WAKD59 | Long             | LON              | CORP              | US        |    373359 | PA      | $356909.02    | 0.13%             | 2031-07-31      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                             | TransDigm Inc                                                                  | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    274034 | PA      | $274756.05    | 0.10%             | 2032-01-20      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                     | Polar US Borrower LLC                                                          | CUSIP: 73103NAB8<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |      1553 | PA      | $602.78       | 0.00%             | 2028-10-16      | Floating      | 9.88%                 | No            |                  2 | On Loan: No      |
| POINTCLICKCARE TECHNOLOG                  | PointClickCare Technologies Inc                                                | CUSIP: C7365BAF3<br>LEI: 5493001Z0LHHBZLVDX36 | Long             | LON              | CORP              | CA        |    360261 | PA      | $362289.18    | 0.13%             | 2031-11-03      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| TAMKO BUILDING PRODUCTS INC               | Tamko Building Products LLC                                                    | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |     94045 | PA      | $94397.22     | 0.03%             | 2030-09-20      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| MRC GLOBAL US INC                         | MRC Global US Inc                                                              | CUSIP: 55345LAF8<br>LEI: 549300DH01K8F1NQFP75 | Long             | LON              | CORP              | US        |    424000 | PA      | $425590.00    | 0.15%             | 2031-10-29      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| WEX INC                                   | WEX Inc                                                                        | CUSIP: 96208UAW1<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | LON              | CORP              | US        |    688593 | PA      | $689305.31    | 0.25%             | 2028-04-03      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| ISOLVED INC                               | Isolved Inc                                                                    | CUSIP: 46488HAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    412815 | PA      | $414943.39    | 0.15%             | 2030-10-15      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| RADNET MANAGEMENT INC                     | Radnet Management Inc                                                          | CUSIP: 75049EAR5<br>LEI: 549300T3TJ6A0P5TXM13 | Long             | LON              | CORP              | US        |    334802 | PA      | $335692.84    | 0.12%             | 2031-04-18      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| WYNDHAM WORLDWIDE CORP                    | Travel + Leisure Co                                                            | CUSIP: 98309GAF3<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |    371913 | PA      | $372750.07    | 0.13%             | 2029-12-14      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| INDICOR LLC                               | Indicor LLC                                                                    | CUSIP: 77669LAK9<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |    532576 | PA      | $532176.38    | 0.19%             | 2029-11-23      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| LSF11 TRINITY BIDCO INC                   | LSF11 Trinity Bidco Inc                                                        | CUSIP: 50221BAF0<br>LEI: 2549000M6VOEWVW5JU51 | Long             | LON              | CORP              | US        |    533017 | PA      | $535681.91    | 0.19%             | 2030-06-17      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI                  | Mavis Tire Express Services Topco Corp                                         | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    836431 | PA      | $837070.96    | 0.30%             | 2028-05-04      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ORYX MIDSTREAM SERVICES                   | Oryx Midstream Services Permian Basin LLC                                      | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |    911599 | PA      | $912401.50    | 0.33%             | 2028-10-05      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                     | HUB International Ltd                                                          | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   1060661 | PA      | $1065030.71   | 0.38%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| ECO MATERIAL TECH INC                     | Eco Material Technologies Inc                                                  | CUSIP: 27888XAB3<br>LEI: 2549001ARPX05UHXX452 | Long             | LON              | CORP              | US        |    961000 | PA      | $968010.50    | 0.35%             | 2032-02-12      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| NORTHAB LLC                               | NorthAB LLC                                                                    | CUSIP: 66345FAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1109120 | PA      | $1097679.43   | 0.40%             | 2028-11-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| PRO MACH GROUP INC                        | Pro Mach Group Inc                                                             | CUSIP: 74273JAK9<br>LEI: 5493008SZGSVUCSNB151 | Long             | LON              | CORP              | US        |    495884 | PA      | $497458.83    | 0.18%             | 2028-08-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| VFH PARENT LLC                            | VFH Parent LLC                                                                 | CUSIP: 91820UAV2<br>LEI: 549300FRO9M476YHHY64 | Long             | LON              | CORP              | US        |    499517 | PA      | $502014.80    | 0.18%             | 2031-06-20      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                                | Kaseya Inc                                                                     | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |    547000 | PA      | $549778.76    | 0.20%             | 2032-03-22      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| RED SPV LLC                               | Red SPV LLC                                                                    | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    411000 | PA      | $411000.00    | 0.15%             | 2032-03-15      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| STARLIGHT PARENT LLC                      | Starlight Parent LLC                                                           | CUSIP: N/A<br>LEI: 254900ZM34IBOK68V949       | Long             | LON              | CORP              | US        |    420000 | PA      | $411688.20    | 0.15%             | 2032-04-16      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| WASSERMAN MEDIA GROUP                     | Wasserman Media Group LLC                                                      | CUSIP: 94105CAL4<br>LEI: 549300F1FIWM51N74V39 | Long             | LON              | CORP              | US        |    525000 | PA      | $526312.50    | 0.19%             | 2032-06-23      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| PROMETRIC HOLDINGS INC                    | Prometric Holdings Inc                                                         | CUSIP: N/A<br>LEI: 54930034OH1XQT27TX40       | Long             | LON              | CORP              | US        |    922000 | PA      | $923442.93    | 0.33%             | 2032-06-25      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                         | Nexstar Media Inc                                                              | CUSIP: 65336RBB3<br>LEI: 5493006PK6I4I2OOT688 | Long             | LON              | CORP              | US        |    616000 | PA      | $615615.00    | 0.22%             | 2032-06-28      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CIRQUE DU SOLEIL HOLDING                  | Cirque Du Soleil Holding USA Newco Inc                                         | CUSIP: 17276YAJ5<br>LEI: 5493008BEUGNEZWEQK62 | Long             | LON              | CORP              | US        |    531939 | PA      | $519082.24    | 0.19%             | 2030-03-08      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                          | Getty Images Inc                                                               | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298011.00    | 0.11%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                   | MPT Operating Partnership LP / MPT Finance Corp                                | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1270000 | PA      | $899068.81    | 0.32%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                    | Cloud Software Group Inc                                                       | CUSIP: 88632NBF6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |      4249 | PA      | $4258.59      | 0.00%             | 2029-03-29      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| LAKELAND HOLDINGS LLC                     | Lakeland Holdings LLC                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    225670 | PA      | $8744.70      | 0.00%             | 2027-09-27      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                    | SCIH Salt Holdings Inc                                                         | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    576069 | PA      | $576939.04    | 0.21%             | 2029-01-31      | Floating      | 7.28%                 | 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        |    332000 | PA      | $271048.19    | 0.10%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                   | International Game Technology PLC                                              | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   1095000 | PA      | $1095079.83   | 0.40%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                           | Madison IAQ LLC                                                                | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    498226 | PA      | $499160.64    | 0.18%             | 2028-06-21      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                      | Neptune Bidco US Inc                                                           | CUSIP: 64069JAF9<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |    824003 | PA      | $778241.69    | 0.28%             | 2028-10-11      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                          | CSC Holdings LLC                                                               | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |   1006345 | PA      | $981729.55    | 0.35%             | 2027-04-15      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                             | CoreLogic Inc                                                                  | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    412378 | PA      | $408705.53    | 0.15%             | 2028-06-02      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| JP INTERMEDIATE B LLC                     | JP Intermediate B LLC                                                          | CUSIP: 46650KAE1<br>LEI: 549300PC0CHCVUMNS121 | Long             | LON              | CORP              | US        |    441458 | PA      | $19865.61     | 0.01%             | 2027-11-22      | Floating      | 14.00%                | No            |                  2 | On Loan: No      |
| PACIFIC DENTAL SERVICES                   | Pacific Dental Services Inc                                                    | CUSIP: 69417WAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    475200 | PA      | $476176.54    | 0.17%             | 2031-03-17      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CWGS GROUP LLC                            | CWGS Group LLC                                                                 | CUSIP: 12670UAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     14551 | PA      | $14261.20     | 0.01%             | 2028-06-05      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| CONNECTWISE LLC                           | ConnectWise LLC                                                                | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    852826 | PA      | $858246.15    | 0.31%             | 2028-09-29      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| MODENA BUYER LLC                          | Modena Buyer LLC                                                               | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |   1548883 | PA      | $1495640.39   | 0.54%             | 2031-07-01      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| PELOTON INTERACTIVE INC                   | Peloton Interactive Inc                                                        | CUSIP: 70614EAG5<br>LEI: 5493002YS021166W0339 | Long             | LON              | CORP              | US        |    270932 | PA      | $275504.49    | 0.10%             | 2029-05-30      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| CORP SERVICE CO                           | Corp Service Co                                                                | CUSIP: 22006VAL3<br>LEI: 549300NOPSIMGJNT8J31 | Long             | LON              | CORP              | US        |    534688 | PA      | $534955.09    | 0.19%             | 2029-11-05      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CORP SERVICE CO                           | Corp Service Co                                                                | CUSIP: 22006VAJ8<br>LEI: 549300NOPSIMGJNT8J31 | Long             | LON              | CORP              | US        |     90240 | PA      | $90240.11     | 0.03%             | 2027-11-03      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| COVETRUS INC                              | Covetrus Inc                                                                   | CUSIP: 22304EAC0<br>LEI: 5493009S30DUFCF75V87 | Long             | LON              | CORP              | US        |    382365 | PA      | $345164.27    | 0.12%             | 2029-10-15      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN SA                | Consolidated Energy Finance SA                                                 | CUSIP: L1957LAE1<br>LEI: 549300PUNIS0USNSL750 | Long             | LON              | CORP              | LU        |    394752 | PA      | $374706.51    | 0.14%             | 2030-11-18      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| NEON MAPLE US DEBT MERGE                  | Neon Maple US Debt Mergersub Inc                                               | CUSIP: 69425BAB3<br>LEI: 254900L3D6CI0XH2P605 | Long             | LON              | CORP              | US        |    189471 | PA      | $190003.84    | 0.07%             | 2031-11-17      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| M2S GROUP INTERMEDIATE H                  | M2S Group Intermediate Holdings Inc                                            | CUSIP: 55287CAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    748908 | PA      | $726908.87    | 0.26%             | 2031-08-27      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| JUNE PURCHASER LLC                        | June Purchaser LLC                                                             | CUSIP: 48171UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    495538 | PA      | $498149.05    | 0.18%             | 2031-11-28      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                  | HAH Group Holding Co LLC                                                       | CUSIP: 40467AAN9<br>LEI: 254900FFJQHW9R90FL74 | Long             | LON              | CORP              | US        |   1020759 | PA      | $994326.61    | 0.36%             | 2031-09-24      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                              | Cotiviti Inc                                                                   | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    975903 | PA      | $972550.46    | 0.35%             | 2031-05-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                              | Cotiviti Inc                                                                   | CUSIP: 22164MAD9<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    278000 | PA      | $279911.25    | 0.10%             | 2031-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| NOURYON FINANCE BV                        | Nouryon Finance BV                                                             | CUSIP: N8232NAM9<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    305151 | PA      | $306963.60    | 0.11%             | 2028-04-03      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| LEARFIELD COMMUNICATIONS                  | Learfield Communications LLC                                                   | CUSIP: 00165HAL7<br>LEI: 549300177GK4LMS8T214 | Long             | LON              | CORP              | US        |    371913 | PA      | $375167.51    | 0.14%             | 2028-06-30      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| COLUMBUS MCKINNON CORP                    | Columbus McKinnon Corp/NY                                                      | CUSIP: 19933MAQ6<br>LEI: 549300W3HQB0HO1F3G69 | Long             | LON              | CORP              | US        |    505037 | PA      | $504721.62    | 0.18%             | 2028-05-15      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                   | CRC Insurance Group LLC                                                        | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    271347 | PA      | $275022.50    | 0.10%             | 2032-05-06      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| PROJECT ALPHA INTERMEDIA                  | Project Alpha Intermediate Holding Inc                                         | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    198935 | PA      | $200095.91    | 0.07%             | 2030-10-28      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                               | McAfee Corp                                                                    | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   1743165 | PA      | $1696500.40   | 0.61%             | 2029-03-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CIRQUE DU SOLEIL HOLDING                  | Cirque Du Soleil Holding USA Newco Inc                                         | CUSIP: 17276YAJ5<br>LEI: 5493008BEUGNEZWEQK62 | Long             | LON              | CORP              | US        |   1053165 | PA      | $1027710.45   | 0.37%             | 2030-03-08      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                         | Clarios Global LP                                                              | CUSIP: C8000CAM5<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    619855 | PA      | $618888.48    | 0.22%             | 2030-05-06      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| MKS INSTRUMENTS INC                       | MKS Inc                                                                        | CUSIP: 55314NAZ7<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |    260841 | PA      | $261851.49    | 0.09%             | 2029-08-17      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                  | Great Outdoors Group LLC                                                       | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |   1396515 | PA      | $1396738.33   | 0.50%             | 2032-01-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                      | Chart Industries Inc                                                           | CUSIP: 16115EAT4<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |    375236 | PA      | $376877.42    | 0.14%             | 2030-03-18      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |    143384 | PA      | $142667.54    | 0.05%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                           | Madison IAQ LLC                                                                | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    291000 | PA      | $292150.91    | 0.11%             | 2032-05-06      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                    | Radiology Partners Inc                                                         | CUSIP: 75041EAN2<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |    733000 | PA      | $727960.63    | 0.26%             | 2032-06-30      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding, Inc. | Crown Subsea Communications Holding, Inc., Senior Secured First Lien Term Loan | CUSIP: 22860EAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1100271 | PA      | $1108753.69   | 0.40%             | 2031-01-30      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                   | CPPIB OVM Member US LLC                                                        | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    273266 | PA      | $272924.56    | 0.10%             | 2031-08-20      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I                  | Dynasty Acquisition Co Inc                                                     | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    444420 | PA      | $445123.90    | 0.16%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CROWN FINANCE US INC                      | Crown Finance US Inc                                                           | CUSIP: 22834KAU5<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |    490770 | PA      | $491260.77    | 0.18%             | 2031-12-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                          | IRB Holding Corp                                                               | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   1240535 | PA      | $1241831.64   | 0.45%             | 2027-12-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                             | Coherent Corp                                                                  | CUSIP: 45173JAS3<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |    553276 | PA      | $554775.83    | 0.20%             | 2029-07-02      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                    | Clydesdale Acquisition Holdings Inc                                            | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |      7302 | PA      | $7282.17      | 0.00%             | 2032-03-29      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS L                  | Weber-Stephen Products LLC                                                     | CUSIP: 94767KAN1<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |   1085224 | PA      | $1079478.18   | 0.39%             | 2027-10-29      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                    | Lumen Technologies Inc                                                         | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |   1262085 | PA      | $1248681.90   | 0.45%             | 2029-04-16      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| LEIA FINCO US LLC                         | Leia Finco US LLC                                                              | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    678408 | PA      | $679842.54    | 0.25%             | 2031-10-09      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDI                  | Kronos Acquisition Holdings Inc                                                | CUSIP: 50106JAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    552079 | PA      | $496318.63    | 0.18%             | 2031-07-08      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| JUNE PURCHASER LLC                        | June Purchaser LLC                                                             | CUSIP: 48171UAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     82590 | PA      | $83024.85     | 0.03%             | 2031-11-28      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                      | LifePoint Health Inc                                                           | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    423305 | PA      | $419467.74    | 0.15%             | 2031-05-19      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| JOHN BEAN TECHNOLOGIES CORP               | JBT Marel Corp                                                                 | CUSIP: 47783YAP4<br>LEI: 5493007CT6ATBZ2L6826 | Long             | LON              | CORP              | US        |    421216 | PA      | $423164.24    | 0.15%             | 2032-01-02      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| JOHN BEAN TECHNOLOGIES CORP               | JBT Marel Corp                                                                 | CUSIP: 47783YAP4<br>LEI: 5493007CT6ATBZ2L6826 | Long             | LON              | CORP              | US        |    120347 | PA      | $120904.07    | 0.04%             | 2032-01-02      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| JUPITER BUYER INC                         | Jupiter Buyer Inc                                                              | CUSIP: 48205CAD7<br>LEI: 254900FACU3AJQKAQ270 | Long             | LON              | CORP              | US        |     33007 | PA      | $33293.84     | 0.01%             | 2031-11-03      | Floating      | 9.60%                 | No            |                  2 | On Loan: No      |
| KUEHG CORP                                | KUEHG Corp                                                                     | CUSIP: 50118YAG4<br>LEI: 549300YNT566T1NYJX62 | Long             | LON              | CORP              | US        |    247942 | PA      | $248348.80    | 0.09%             | 2030-06-12      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                      | Signia Aerospace LLC                                                           | CUSIP: 82670NAB2<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |    162462 | PA      | $163476.94    | 0.06%             | 2031-12-11      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| LSCS HOLDINGS INC                         | LSCS Holdings Inc                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    593000 | PA      | $582993.13    | 0.21%             | 2032-03-04      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| KARMAN HOLDINGS INC                       | Karman Holdings Inc                                                            | CUSIP: 48571CAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    761000 | PA      | $763853.75    | 0.28%             | 2032-04-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| IVI AMERICA LLC                           | IVI America LLC                                                                | CUSIP: 45073SAC9<br>LEI: 549300V0LY56J9HGCK92 | Long             | LON              | CORP              | US        |    231000 | PA      | $233311.16    | 0.08%             | 2031-04-14      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| SAZERAC CO INC                            | Sazerac Co Inc                                                                 | CUSIP: N/A<br>LEI: 9QU0CG1O4LSOB6IFK895       | Long             | LON              | CORP              | US        |    492000 | PA      | $492615.00    | 0.18%             | 2032-06-25      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                      | GrubHub Holdings Inc                                                           | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $485774.35    | 0.18%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                  | Clarios Global LP / Clarios US Finance Co                                      | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1358444.25   | 0.49%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRINSEO LUX/TRINSEO NA                    | Trinseo Luxco Finance SPV Sarl / Trinseo NA Finance SPV LLC                    | CUSIP: 89668JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    202300 | PA      | $121885.75    | 0.04%             | 2029-05-03      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| E2OPEN LLC                                | E2open LLC                                                                     | CUSIP: 26826YAB8<br>LEI: 549300WF2BZODU55DR56 | Long             | LON              | CORP              | US        |   1098220 | PA      | $1103321.38   | 0.40%             | 2028-02-04      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                               | Asurion LLC                                                                    | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    995867 | PA      | $955101.30    | 0.34%             | 2028-02-03      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                    | Carriage Purchaser Inc                                                         | CUSIP: 14445BAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    410935 | PA      | $412784.21    | 0.15%             | 2028-09-29      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO LLC                        | Radiate Holdco LLC                                                             | CUSIP: 75025KAH1<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |    803175 | PA      | $700697.90    | 0.25%             | 2026-09-25      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                            | Sabre GLBL Inc                                                                 | CUSIP: 78571YBH2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    670824 | PA      | $663612.37    | 0.24%             | 2028-06-30      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                   | Brown Group Holding LLC                                                        | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    203194 | PA      | $203667.70    | 0.07%             | 2031-07-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LLC                      | 888 Acquisitions LLC                                                           | CUSIP: X2300HAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    993243 | PA      | $955579.66    | 0.34%             | 2028-07-03      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| WEC US HOLDINGS INC                       | WEC US Holdings Inc                                                            | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    409284 | PA      | $409846.72    | 0.15%             | 2031-01-27      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| DAVE & BUSTER'S INC                       | Dave & Buster's Inc                                                            | CUSIP: 23833EAX2<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    145000 | PA      | $140895.78    | 0.05%             | 2029-06-29      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                              | Calpine Corp                                                                   | CUSIP: 13134MBX0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    693000 | PA      | $693654.89    | 0.25%             | 2032-02-27      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                | Camelot US Acquisition LLC                                                     | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |      6252 | PA      | $6195.12      | 0.00%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION                  | MITER Brands Acquisition Holdco Inc                                            | CUSIP: 55336CAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    475408 | PA      | $477028.64    | 0.17%             | 2031-03-28      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                      | Aramark Services Inc                                                           | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    267109 | PA      | $268221.53    | 0.10%             | 2030-06-24      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| AMERICAN GREETINGS CORP                   | American Greetings Corp                                                        | CUSIP: 02639DAN6<br>LEI: 549300WMJOT8C9DNMF90 | Long             | LON              | CORP              | US        |    270643 | PA      | $271550.73    | 0.10%             | 2029-10-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                  | BroadStreet Partners Inc                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    377753 | PA      | $378631.39    | 0.14%             | 2031-06-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HEARTLAND DENTAL LLC                      | Heartland Dental LLC                                                           | CUSIP: 42236WAW7<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |   1382681 | PA      | $1386144.36   | 0.50%             | 2028-04-28      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                            | Proofpoint Inc                                                                 | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   1796782 | PA      | $1799998.27   | 0.65%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HOMESERVE USA HOLDING                     | HomeServe USA Holding Corp                                                     | CUSIP: 43761EAD0<br>LEI: 254900UCR2BMZVFOR729 | Long             | LON              | CORP              | US        |    220069 | PA      | $220550.66    | 0.08%             | 2030-10-21      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| CITCO FUNDING LLC                         | Citco Funding LLC                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    669478 | PA      | $673494.47    | 0.24%             | 2028-04-27      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| NEON MAPLE US DEBT MERGE                  | Neon Maple US Debt Mergersub Inc                                               | CUSIP: 69425BAB3<br>LEI: 254900L3D6CI0XH2P605 | Long             | LON              | CORP              | US        |     17572 | PA      | $17621.02     | 0.01%             | 2031-11-17      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| WILSONART LLC                             | Wilsonart LLC                                                                  | CUSIP: 97246FAM8<br>LEI: 549300SAZRUMYKDJBY14 | Long             | LON              | CORP              | US        |    142642 | PA      | $140725.21    | 0.05%             | 2031-08-05      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                      | Alpha Generation LLC                                                           | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |    276358 | PA      | $276311.02    | 0.10%             | 2031-09-30      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| TRONOX FINANCE LLC                        | Tronox Finance LLC                                                             | CUSIP: 89705DAP7<br>LEI: 549300LMZ1DX1PWSP524 | Long             | LON              | CORP              | US        |    123486 | PA      | $121170.73    | 0.04%             | 2031-09-30      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| BELRON FINANCE 2019 LLC                   | Belron Finance 2019 LLC                                                        | CUSIP: 08078UAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    821755 | PA      | $826500.64    | 0.30%             | 2031-10-16      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| WIDEOPENWEST FINANCE LLC                  | WideOpenWest Finance LLC                                                       | CUSIP: 96758DBK8<br>LEI: 54930045JY28O5B5WE54 | Long             | LON              | CORP              | US        |    637680 | PA      | $546013.50    | 0.20%             | 2028-12-11      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE GENERATION L                  | Cornerstone Generation LLC                                                     | CUSIP: 21924NAB4<br>LEI: 254900JBGAU2N55LVN75 | Long             | LON              | CORP              | US        |    505129 | PA      | $508286.01    | 0.18%             | 2031-10-28      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| WORLD WIDE TECHNOLOGY HO                  | World Wide Technology Holding Co LLC                                           | CUSIP: 98164AAD5<br>LEI: 213800MTFQARCZL1PY64 | Long             | LON              | CORP              | US        |    660791 | PA      | $664921.05    | 0.24%             | 2030-03-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| AI AQUA MERGER SUB INC                    | AI Aqua Merger Sub Inc                                                         | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |   1110402 | PA      | $1110080.24   | 0.40%             | 2028-07-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CINCINNATI BELL INC                       | Cincinnati Bell Inc                                                            | CUSIP: 17187MAT7<br>LEI: 549300JYVZOCUJOHL272 | Long             | LON              | CORP              | US        |   1737979 | PA      | $1741707.28   | 0.63%             | 2028-11-24      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ARMOR HOLDCO INC                          | Armor Holdco Inc                                                               | CUSIP: 04225VAG7<br>LEI: 254900X6HLK0YPTHHF09 | Long             | LON              | CORP              | US        |    162797 | PA      | $163855.33    | 0.06%             | 2028-12-11      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                  | GrafTech Global Enterprises Inc                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     59741 | PA      | $60189.07     | 0.02%             | 2029-12-21      | Floating      | 10.62%                | No            |                  2 | On Loan: No      |
| INDY US HOLDCO LLC                        | Indy US Holdco LLC                                                             | CUSIP: 45674PAR5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    692728 | PA      | $694245.08    | 0.25%             | 2028-03-06      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| BELFOR HOLDINGS INC                       | Belfor Holdings Inc                                                            | CUSIP: 07768YAQ5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    487357 | PA      | $488575.88    | 0.18%             | 2030-11-04      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ORYX MIDSTREAM SERVICES                   | Oryx Midstream Services Permian Basin LLC                                      | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |     75382 | PA      | $75447.86     | 0.03%             | 2028-10-05      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                       | Boxer Parent Co Inc                                                            | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    978308 | PA      | $973352.37    | 0.35%             | 2031-07-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| BLACKHAWK NETWORK HOLD                    | Blackhawk Network Holdings Inc                                                 | CUSIP: 09238FAM3<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    820858 | PA      | $826308.00    | 0.30%             | 2029-03-12      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                     | Quikrete Holdings Inc                                                          | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1254000 | PA      | $1253843.25   | 0.45%             | 2032-02-10      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC                  | Windsor Holdings III LLC                                                       | CUSIP: 97360BAH8<br>LEI: 254900IXUJZ9H146T437 | Long             | LON              | CORP              | US        |    479144 | PA      | $479822.07    | 0.17%             | 2030-08-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| BRAZOS DELAWARE II LLC                    | Brazos Delaware II LLC                                                         | CUSIP: 10620UAL6<br>LEI: 549300V1BTYXZRGYUU04 | Long             | LON              | CORP              | US        |    267975 | PA      | $268740.07    | 0.10%             | 2030-02-11      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| ARMOR HOLDCO INC                          | Armor Holdco Inc                                                               | CUSIP: 04225VAH5<br>LEI: 254900X6HLK0YPTHHF09 | Long             | LON              | CORP              | US        |    126251 | PA      | $127072.08    | 0.05%             | 2028-12-11      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP                     | AAdvantage Loyalty IP Ltd                                                      | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    416000 | PA      | $419224.00    | 0.15%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                | Camelot US Acquisition LLC                                                     | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |    118000 | PA      | $118221.25    | 0.04%             | 2031-01-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                               | Asurion LLC                                                                    | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    632642 | PA      | $615402.71    | 0.22%             | 2030-09-19      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                      | Reworld Holding Corp                                                           | CUSIP: 22282GAP2<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |    205148 | PA      | $205468.63    | 0.07%             | 2028-11-30      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                      | Reworld Holding Corp                                                           | CUSIP: 22282GAQ0<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |     11295 | PA      | $11312.50     | 0.00%             | 2028-11-30      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                  | Allwyn Entertainment Financing UK PLC                                          | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    440000 | PA      | $459399.05    | 0.17%             | 2029-04-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DCERT BUYER INC                           | Dcert Buyer Inc                                                                | CUSIP: 24022KAB5<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |    983034 | PA      | $975862.69    | 0.35%             | 2026-10-16      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                      | Cornerstone Building Brands Inc                                                | CUSIP: 21925FAB0<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |    450000 | PA      | $406498.50    | 0.15%             | 2028-08-01      | Floating      | 9.94%                 | No            |                  2 | On Loan: No      |
| DISCOVERY ENERGY HOLDING                  | Discovery Energy Holding Corp                                                  | CUSIP: 25472PAB6<br>LEI: 254900T31FAYMRQSAA12 | Long             | LON              | CORP              | US        |    456484 | PA      | $457698.40    | 0.17%             | 2031-05-02      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency, LLC              | Creative Artists Agency, LLC, Senior Secured First Lien Term Loan              | CUSIP: 22526WAS7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    408244 | PA      | $409922.32    | 0.15%             | 2031-10-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| DECHRA FINANCE US                         | Dechra Finance US LLC                                                          | CUSIP: 24343EAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    295000 | PA      | $296041.35    | 0.11%             | 2032-01-27      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| CHG HEALTHCARE SERVICES INC               | CHG Healthcare Services Inc                                                    | CUSIP: 12541HAW3<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |    432117 | PA      | $434102.75    | 0.16%             | 2028-09-29      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                                 | CommScope LLC                                                                  | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |   1099000 | PA      | $1113995.49   | 0.40%             | 2029-12-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                                 | CommScope LLC                                                                  | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |         0 | PA      | $0.37         | 0.00%             | 2029-12-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                  | Allwyn Entertainment Financing US LLC                                          | CUSIP: 02008EAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    571691 | PA      | $569309.70    | 0.21%             | 2031-06-11      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                          | AmWINS Group Inc                                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    552982 | PA      | $553795.08    | 0.20%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                        | Bausch + Lomb Corp                                                             | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | CA        |    842000 | PA      | $844635.46    | 0.30%             | 2031-01-15      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund                                     | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  13811825 | NS      | $13811824.86  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BRANDS GROUP LLC                    | First Brands Group LLC                                                         | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    562977 | PA      | $532835.55    | 0.19%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| Twitter, Inc.                             | Twitter, Inc., Senior Secured First Lien Term Loan                             | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    829232 | PA      | $811159.03    | 0.29%             | 2029-10-29      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| STS OPERATING INC                         | STS Operating Inc                                                              | CUSIP: 12508KAJ6<br>LEI: 549300HW5C2VGPZCHL57 | Long             | LON              | CORP              | US        |    531917 | PA      | $524669.41    | 0.19%             | 2031-03-25      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS INC               | Surgery Center Holdings Inc                                                    | CUSIP: 86880NBB8<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |    618286 | PA      | $621250.99    | 0.22%             | 2030-12-19      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| FIRST ADVANTAGE HOLDINGS                  | First Advantage Holdings LLC                                                   | CUSIP: 78477MAG6<br>LEI: 549300MRQE5MQEH3BI02 | Long             | LON              | CORP              | US        |    416014 | PA      | $416729.26    | 0.15%             | 2031-10-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| TRONOX FINANCE LLC                        | Tronox Finance LLC                                                             | CUSIP: 89705DAP7<br>LEI: 549300LMZ1DX1PWSP524 | Long             | LON              | CORP              | US        |    155332 | PA      | $152419.84    | 0.05%             | 2031-09-30      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| TACALA INVESTMENT CORP                    | Tacala Investment Corp                                                         | CUSIP: 87339PAD5<br>LEI: 549300XTM341KBSTDI88 | Long             | LON              | CORP              | US        |    522733 | PA      | $525958.46    | 0.19%             | 2031-01-31      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                  | Trident TPI Holdings Inc                                                       | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    903827 | PA      | $889257.57    | 0.32%             | 2028-09-18      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                      | Signia Aerospace LLC                                                           | CUSIP: 82670NAC0<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |     24615 | PA      | $24769.22     | 0.01%             | 2031-12-11      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| SKOPIMA CONSILIO PARENT                   | Skopima Consilio Parent LLC                                                    | CUSIP: 36171NAG1<br>LEI: 254900K3R60UMIODZD21 | Long             | LON              | CORP              | US        |    870182 | PA      | $860000.54    | 0.31%             | 2028-05-17      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| SPARTA US HOLDCO LLC                      | Sparta US HoldCo LLC                                                           | CUSIP: 84673EAE9<br>LEI: 5493004EFF9NBQ1A8453 | Long             | LON              | CORP              | US        |    511808 | PA      | $507756.54    | 0.18%             | 2030-08-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                  | TK Elevator US Newco Inc                                                       | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |    707582 | PA      | $710235.76    | 0.26%             | 2030-04-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                  | Olympus Water US Holding Corp                                                  | CUSIP: 16308NAA2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203780.07    | 0.07%             | 2027-10-01      | Fixed         | 7.12%                 | 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        |    950000 | PA      | $951987.97    | 0.34%             | 2033-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                   | Royal Caribbean Cruises Ltd                                                    | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    421000 | PA      | $422753.04    | 0.15%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RITHUM HOLDINGS INC                       | Rithum Holdings Inc                                                            | CUSIP: 20084XAF1<br>LEI: 549300V3JZOSIRXFRG67 | Long             | LON              | CORP              | US        |   1066704 | PA      | $1062042.69   | 0.38%             | 2027-12-02      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| N-ABLE INTERNATIONAL HO                   | N-Able International Holdings II LLC                                           | CUSIP: 62878KAB0<br>LEI: 254900A8E99QCJOGAZ34 | Long             | LON              | CORP              | US        |    495045 | PA      | $494426.19    | 0.18%             | 2028-07-19      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                    | SCIH Salt Holdings Inc                                                         | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    116676 | PA      | $116852.57    | 0.04%             | 2029-01-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| RESTORATION HARDWARE INC                  | Restoration Hardware Inc                                                       | CUSIP: 76133MAC5<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |    918461 | PA      | $898433.75    | 0.32%             | 2028-10-20      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HLDGS LLC                   | Sotera Health Holdings LLC                                                     | CUSIP: 83600VAG6<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |    644760 | PA      | $648390.00    | 0.23%             | 2031-05-30      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                       | Medline Borrower LP                                                            | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   1384744 | PA      | $1387893.98   | 0.50%             | 2028-10-23      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| SOUTHERN VETERINARY PART                  | Southern Veterinary Partners LLC                                               | CUSIP: 84410HAN0<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |    460000 | PA      | $461058.00    | 0.17%             | 2031-12-04      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC                      | Signia Aerospace LLC                                                           | CUSIP: 82670NAB2<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |    132923 | PA      | $133753.84    | 0.05%             | 2031-12-11      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                       | Select Medical Corp                                                            | CUSIP: 816194AY0<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |    362570 | PA      | $364158.34    | 0.13%             | 2031-12-03      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| RANPAK CORP                               | Ranpak Corp                                                                    | CUSIP: N/A<br>LEI: 549300C0YBKRI4C8QM74       | Long             | LON              | CORP              | US        |    143543 | PA      | $142824.94    | 0.05%             | 2031-12-19      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO LLC                         | Polaris Newco LLC                                                              | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   2351922 | PA      | $2295240.47   | 0.83%             | 2028-06-05      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| COMMERCEHUB INC                           | Rithum Holdings Inc                                                            | CUSIP: 20084XAD6<br>LEI: 549300V3JZOSIRXFRG67 | Long             | LON              | CORP              | US        |    520754 | PA      | $520266.95    | 0.19%             | 2027-12-29      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL                        | Connect Finco SARL                                                             | CUSIP: L2000DAG9<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    629910 | PA      | $629727.16    | 0.23%             | 2026-12-11      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| PLANO HOLDCO INC                          | Plano HoldCo Inc                                                               | CUSIP: 72712EAB3<br>LEI: 254900C53JLEP3CCOQ10 | Long             | LON              | CORP              | US        |    971000 | PA      | $924877.50    | 0.33%             | 2031-10-02      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                     | Polar US Borrower LLC                                                          | CUSIP: 73103NAB8<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |    221794 | PA      | $86103.69     | 0.03%             | 2028-10-16      | Floating      | 9.88%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                     | Clover Holdings 2 LLC                                                          | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    849661 | PA      | $852048.60    | 0.31%             | 2031-12-09      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                    | Cloud Software Group Inc                                                       | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |      1032 | PA      | $1035.03      | 0.00%             | 2031-03-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                    | Cloud Software Group Inc                                                       | CUSIP: 88632NBF6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1686919 | PA      | $1690655.67   | 0.61%             | 2029-03-29      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| M6 ETX HOLDINGS II MIDCO                  | M6 ETX Holdings II Midco LLC                                                   | CUSIP: 55285DAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    312000 | PA      | $313698.84    | 0.11%             | 2032-04-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                    | Venture Global LNG Inc                                                         | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    712000 | PA      | $736328.33    | 0.27%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| LIGHTSTONE HOLDCO LLC                     | Lightstone Holdco LLC                                                          | CUSIP: 53226GAK7<br>LEI: 549300VXK6UGDG7H3G98 | Long             | LON              | CORP              | US        |    927164 | PA      | $929574.56    | 0.34%             | 2027-01-29      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| LIGHTSTONE HOLDCO LLC                     | Lightstone Holdco LLC                                                          | CUSIP: 53226GAL5<br>LEI: 549300VXK6UGDG7H3G98 | Long             | LON              | CORP              | US        |     52336 | PA      | $52472.44     | 0.02%             | 2027-01-29      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                      | INEOS US Finance LLC                                                           | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    287450 | PA      | $276235.14    | 0.10%             | 2030-02-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| LEIA FINCO US LLC                         | Leia Finco US LLC                                                              | CUSIP: 52526CAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    281000 | PA      | $279535.99    | 0.10%             | 2032-10-12      | Floating      | 9.46%                 | No            |                  2 | On Loan: No      |
| JAZZ FINANCING LUX SARL                   | Jazz Financing Lux Sarl                                                        | CUSIP: N/A<br>LEI: 635400WUEO2NSG5OIU34       | Long             | LON              | CORP              | LU        |   1222242 | PA      | $1228952.22   | 0.44%             | 2028-05-05      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| US RADIOLOGY SPECIALISTS                  | US Radiology Specialists Inc                                                   | CUSIP: 90372AAM0<br>LEI: 254900QCDFUYXJEFMY06 | Long             | LON              | CORP              | US        |    523115 | PA      | $524914.68    | 0.19%             | 2027-12-15      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| GREAT CANADIAN GAMING CO                  | Great Canadian Gaming Corp                                                     | CUSIP: C4111RAG0<br>LEI: 549300FU60SSFLTE0M84 | Long             | LON              | CORP              | CA        |    275510 | PA      | $269724.01    | 0.10%             | 2029-11-01      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                      | LifePoint Health Inc                                                           | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    837140 | PA      | $825704.63    | 0.30%             | 2031-05-19      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| GRINDING MEDIA INC                        | Grinding Media Inc                                                             | CUSIP: 39854KAC4<br>LEI: 254900IYFJ03EGFQ8C34 | Long             | LON              | CORP              | US        |    299130 | PA      | $297260.04    | 0.11%             | 2028-10-12      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Lummus Technology Holdings V LLC          | Lummus Technology Holdings V LLC, Senior Secured First Lien Term Loan          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    497020 | PA      | $499117.05    | 0.18%             | 2029-12-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| FLEXERA SOFTWARE LLC                      | Flexera Software LLC                                                           | CUSIP: 33937KAX2<br>LEI: FHBIRN3K4PSRU4ZOQQ49 | Long             | LON              | CORP              | US        |   1103311 | PA      | $1105478.86   | 0.40%             | 2028-03-03      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| EOC BORROWER LLC                          | EOC Borrower LLC                                                               | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    982000 | PA      | $984455.00    | 0.36%             | 2032-03-24      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HIGHLINE AFTERMARKET ACQ                  | Highline Aftermarket Acquisition LLC                                           | CUSIP: 43110HAF6<br>LEI: 254900Q5W6G5KG3GHJ04 | Long             | LON              | CORP              | US        |     85637 | PA      | $86279.27     | 0.03%             | 2030-02-19      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                         | Owens & Minor Inc                                                              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    453000 | PA      | $425943.90    | 0.15%             | 2030-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PRE-PAID LEGAL SERVICES                   | Pre-Paid Legal Services Inc                                                    | CUSIP: 74006LAS1<br>LEI: 549300DKH5WJ2J8QU878 | Long             | LON              | CORP              | US        |    744297 | PA      | $741215.86    | 0.27%             | 2028-12-15      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                         | Owens & Minor Inc                                                              | CUSIP: 69073LAD2<br>LEI: 549300LMT5KQQXCEZ733 | Long             | LON              | CORP              | US        |     56507 | PA      | $56930.65     | 0.02%             | 2029-03-29      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Optiv Parent Inc.                         | Optiv Parent Inc., Senior Secured First Lien Term Loan                         | CUSIP: 68405PAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1057548 | PA      | $859257.36    | 0.31%             | 2026-07-31      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| PEGASUS BIDCO BV                          | Pegasus Bidco BV                                                               | CUSIP: N/A<br>LEI: 254900U303DPAFR7MA71       | Long             | LON              | CORP              | NL        |    548962 | PA      | $553079.53    | 0.20%             | 2029-07-12      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                     | Polar US Borrower LLC                                                          | CUSIP: 73103NAB8<br>LEI: 549300VWTN2NKZWJ5F70 | Long             | LON              | CORP              | US        |    223173 | PA      | $86639.07     | 0.03%             | 2028-10-16      | Floating      | 9.88%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I                  | Dynasty Acquisition Co Inc                                                     | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    169043 | PA      | $169310.93    | 0.06%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| WWEX UNI TOPCO HOLDINGS                   | WWEX Uni Topco Holdings LLC                                                    | CUSIP: 00435UAF5<br>LEI: 254900XFGYPZZSG8I385 | Long             | LON              | CORP              | US        |    822762 | PA      | $823807.21    | 0.30%             | 2028-07-26      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| PEX HOLDINGS LLC                          | PEX Holdings LLC                                                               | CUSIP: 69381MAB1<br>LEI: 2138006XMWHEBFQ55Z05 | Long             | LON              | CORP              | US        |    295000 | PA      | $295646.05    | 0.11%             | 2031-11-19      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| PROJECT ALPHA INTERMEDIA                  | Project Alpha Intermediate Holding Inc                                         | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    395550 | PA      | $397857.62    | 0.14%             | 2030-10-28      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| EG AMERICA LLC                            | EG America LLC                                                                 | CUSIP: N/A<br>LEI: 549300BY1CRYVPEG9R57       | Long             | LON              | CORP              | US        |    178551 | PA      | $179586.98    | 0.06%             | 2028-02-07      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| WHATABRANDS LLC                           | Whatabrands LLC                                                                | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |    273319 | PA      | $273745.13    | 0.10%             | 2028-08-03      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| PHOENIX NEWCO INC                         | Phoenix Newco Inc                                                              | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |    741887 | PA      | $742929.55    | 0.27%             | 2028-11-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| X CORP                                    | X Corp                                                                         | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    336312 | PA      | $327483.88    | 0.12%             | 2029-10-29      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| U.S. Fertility Enterprises, LLC           | U.S. Fertility Enterprises, LLC, Senior Secured First Lien Term Loan           | CUSIP: 90356EAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    841275 | PA      | $847584.55    | 0.31%             | 2031-10-07      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| VERIFONE SYSTEMS INC                      | VeriFone Systems Inc                                                           | CUSIP: 92346NAH2<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |    582506 | PA      | $546682.21    | 0.20%             | 2028-08-21      | Floating      | 10.21%                | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                            | Bombardier Inc                                                                 | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    176000 | PA      | $176478.37    | 0.06%             | 2026-06-15      | Fixed         | 7.12%                 | 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        |    561000 | PA      | $321873.75    | 0.12%             | 2029-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                  | Prime Healthcare Services Inc                                                  | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1006000 | PA      | $999169.26    | 0.36%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| FOUNDEVER WORLDWIDE CORP                  | Foundever Worldwide Corp                                                       | CUSIP: 82981MAC6<br>LEI: 5493007DS8CM3ZGION43 | Long             | LON              | CORP              | US        |    858030 | PA      | $474911.07    | 0.17%             | 2028-08-28      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| BALLY'S CORP                              | Bally's Corp                                                                   | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |    729968 | PA      | $647846.73    | 0.23%             | 2028-10-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| BARRACUDA NETWORKS INC                    | Barracuda Networks Inc                                                         | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |   1321140 | PA      | $1101004.88   | 0.40%             | 2029-08-15      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| BARRACUDA NETWORKS INC                    | Barracuda Networks Inc                                                         | CUSIP: 06832FAE7<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |    461277 | PA      | $286568.13    | 0.10%             | 2030-08-15      | Floating      | 11.28%                | No            |                  2 | On Loan: No      |
| DISCOVERY PURCHASER CORP                  | Discovery Purchaser Corp                                                       | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |    360268 | PA      | $360154.94    | 0.13%             | 2029-10-04      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                   | American Axle & Manufacturing Inc                                              | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |    313521 | PA      | $312579.96    | 0.11%             | 2029-12-13      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 US                  | Avolon TLB Borrower 1 US LLC                                                   | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |    500652 | PA      | $501578.68    | 0.18%             | 2030-06-24      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| BCPE GRILL PARENT INC                     | BCPE Grill Parent Inc                                                          | CUSIP: 05553QAB8<br>LEI: 254900GQZ43I22BGT628 | Long             | LON              | CORP              | US        |    264650 | PA      | $258127.70    | 0.09%             | 2030-09-30      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                | Camelot US Acquisition LLC                                                     | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |     68376 | PA      | $67756.38     | 0.02%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                           | Gen Digital Inc                                                                | CUSIP: 66877AAF5<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |    347304 | PA      | $347219.15    | 0.13%             | 2029-09-12      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     22236 | PA      | $22124.53     | 0.01%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                       | Lightning Power LLC                                                            | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |    829830 | PA      | $832307.04    | 0.30%             | 2031-08-18      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| DELTA 2 LUX SARL                          | Delta 2 Lux Sarl                                                               | CUSIP: L2465BAW6<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |    206333 | PA      | $206926.54    | 0.07%             | 2031-09-19      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| JAVELIN BUYER INC                         | Javelin Buyer Inc                                                              | CUSIP: N/A<br>LEI: 254900GL30A9G6Z7OW50       | Long             | LON              | CORP              | US        |    411564 | PA      | $413748.98    | 0.15%             | 2031-12-08      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP                              | Magnera Corp                                                                   | CUSIP: 89458XAB3<br>LEI: 549300LDQLQBT38QDY28 | Long             | LON              | CORP              | US        |    844391 | PA      | $830669.52    | 0.30%             | 2031-11-04      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| JUPITER BUYER INC                         | Jupiter Buyer Inc                                                              | CUSIP: 48205CAC9<br>LEI: 254900FACU3AJQKAQ270 | Long             | LON              | CORP              | US        |    286056 | PA      | $288546.60    | 0.10%             | 2031-11-03      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| MARCEL BIDCO LLC                          | Marcel Bidco LLC                                                               | CUSIP: L6257FAM2<br>LEI: 254900A6AL2000BPNS82 | Long             | LON              | CORP              | US        |    542284 | PA      | $546015.38    | 0.20%             | 2030-11-13      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN                  | Raven Acquisition Holdings LLC                                                 | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    817600 | PA      | $817906.61    | 0.30%             | 2031-11-20      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| AZALEA TOPCO INC                          | Azalea Topco Inc                                                               | CUSIP: 05477JAD3<br>LEI: 549300HC42NZULO53062 | Long             | LON              | CORP              | US        |    499398 | PA      | $500905.88    | 0.18%             | 2031-04-30      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                              | MH Sub I LLC                                                                   | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1132873 | PA      | $987372.85    | 0.36%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ASCENSUS HOLDINGS INC                     | Ascensus Holdings Inc                                                          | CUSIP: 03836BAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    755018 | PA      | $757377.06    | 0.27%             | 2028-08-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| BALDWIN INSURANCE GROUP                   | Baldwin Insurance Group Holdings LLC/The                                       | CUSIP: 05825HAG9<br>LEI: 5493004GCDREAQPPYG20 | Long             | LON              | CORP              | US        |    294262 | PA      | $294876.04    | 0.11%             | 2031-05-27      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                        | Hunter Douglas Inc                                                             | CUSIP: N8137FAE0<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |    290272 | PA      | $289607.78    | 0.10%             | 2032-01-20      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                  | Boost Newco Borrower LLC                                                       | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    413798 | PA      | $415349.37    | 0.15%             | 2031-01-31      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| GARRETT LX I SARL                         | Garrett LX I Sarl                                                              | CUSIP: 36649XAG3<br>LEI: 549300LKYJ4RR1ELO069 | Long             | LON              | CORP              | LU        |    282999 | PA      | $284767.41    | 0.10%             | 2032-01-30      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                     | McGraw-Hill Education Inc                                                      | CUSIP: 58063DAF0<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | LON              | CORP              | US        |    794598 | PA      | $798241.34    | 0.29%             | 2031-08-06      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                    | Arsenal AIC Parent LLC                                                         | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    272546 | PA      | $272682.62    | 0.10%             | 2030-08-19      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORP                         | Primo Brands Corp                                                              | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    810928 | PA      | $814755.20    | 0.29%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| MADISON SAFETY & FLOW                     | Madison Safety & Flow LLC                                                      | CUSIP: 55822DAM3<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |    359358 | PA      | $360480.99    | 0.13%             | 2031-09-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CELSIUS HOLDINGS INC                      | Celsius Holdings Inc                                                           | CUSIP: 15118XAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    468000 | PA      | $471334.50    | 0.17%             | 2032-04-01      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| IMC GLOBAL HOLDINGS LLC                   | IMC Global Holdings LLC                                                        | CUSIP: N/A<br>LEI: 724500MHXKWDKAGMOW56       | Long             | LON              | CORP              | NL        |    624000 | PA      | $628680.00    | 0.23%             | 2032-06-21      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                   | Zayo Group Holdings Inc                                                        | CUSIP: 98919XAE1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |   1456893 | PA      | $1403016.69   | 0.51%             | 2027-03-09      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                          | Altice France SA                                                               | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | LON              | CORP              | FR        |    910737 | PA      | $827504.41    | 0.30%             | 2028-08-31      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| VS BUYER LLC                              | VS Buyer LLC                                                                   | CUSIP: 91834WAF7<br>LEI: 254900G5QLDMHSCYJK25 | Long             | LON              | CORP              | US        |    978677 | PA      | $984793.43    | 0.36%             | 2031-04-14      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| APEX GROUP TREASURY LLC                   | Apex Group Treasury LLC                                                        | CUSIP: G0472CAK1<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |   1589231 | PA      | $1585758.44   | 0.57%             | 2032-02-27      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN AUTO AUCTION                     | American Auto Auction Group LLC                                                | CUSIP: 02403MAR1<br>LEI: 5493002VI1KML1L8HW19 | Long             | LON              | CORP              | US        |   1133481 | PA      | $1140389.89   | 0.41%             | 2032-05-28      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                            | Bombardier Inc                                                                 | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     74000 | PA      | $74473.67     | 0.03%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BORR IHC LTD / BORR FIN                   | Borr IHC Ltd / Borr Finance LLC                                                | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    378465 | PA      | $345971.93    | 0.12%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                  | CHS/Community Health Systems Inc                                               | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    560000 | PA      | $551939.07    | 0.20%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                | Elastic NV                                                                     | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |    431000 | PA      | $412200.27    | 0.15%             | 2029-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                     | Freedom Mortgage Corp                                                          | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    278000 | PA      | $278690.55    | 0.10%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                  | Live Nation Entertainment Inc                                                  | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    393000 | PA      | $399073.42    | 0.14%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                    | Lumen Technologies Inc                                                         | CUSIP: 550241AB9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    294000 | PA      | $287017.50    | 0.10%             | 2029-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| EASTERN POWER LLC                         | Eastern Power LLC                                                              | CUSIP: 87264NAB3<br>LEI: 5493000R3E1L1VM1V279 | Long             | LON              | CORP              | US        |    638081 | PA      | $640030.50    | 0.23%             | 2028-04-03      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                  | Live Nation Entertainment Inc                                                  | CUSIP: 53803HAM2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | LON              | CORP              | US        |    664139 | PA      | $664553.83    | 0.24%             | 2026-10-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL LLC                | Avis Budget Car Rental LLC                                                     | CUSIP: 05377JAR3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | LON              | CORP              | US        |   2393473 | PA      | $2377018.10   | 0.86%             | 2027-08-06      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                  | Virgin Media Bristol LLC                                                       | CUSIP: 99AAG2081<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |    140000 | PA      | $138958.40    | 0.05%             | 2029-01-31      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| WIN WASTE INNOVATIONS HO                  | Win Waste Innovations Holdings Inc                                             | CUSIP: 38723BAJ0<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |   1160415 | PA      | $1149901.38   | 0.41%             | 2028-03-27      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                      | Cornerstone Building Brands Inc                                                | CUSIP: 72431HAD2<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |    312298 | PA      | $279767.86    | 0.10%             | 2028-04-12      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| ATLAS CC ACQUISITION COR                  | Cubic Corp                                                                     | CUSIP: 04921TAB0<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |    935091 | PA      | $500774.08    | 0.18%             | 2028-05-25      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| ATLAS CC ACQUISITION COR                  | Cubic Corp                                                                     | CUSIP: 04921TAC8<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |    198829 | PA      | $106394.28    | 0.04%             | 2028-05-25      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| CENTURI GROUP INC                         | Centuri Group Inc                                                              | CUSIP: 15643XAC2<br>LEI: 254900H4HY0IHK5J9N53 | Long             | LON              | CORP              | US        |    982397 | PA      | $984327.28    | 0.36%             | 2028-08-28      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| CCC INTELLIGENT SOLUTION                  | CCC Intelligent Solutions Inc                                                  | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |    273936 | PA      | $274451.49    | 0.10%             | 2032-01-23      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT L                  | Fertitta Entertainment LLC/NV                                                  | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |    276913 | PA      | $276923.63    | 0.10%             | 2029-01-29      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                   | Brown Group Holding LLC                                                        | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    263378 | PA      | $263991.30    | 0.10%             | 2031-07-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                   | Brown Group Holding LLC                                                        | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    428206 | PA      | $429203.73    | 0.15%             | 2031-07-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION                         | Gates Corp/DE                                                                  | CUSIP: 36740UAX0<br>LEI: 984500F43C791F4C7894 | Long             | LON              | CORP              | US        |    415078 | PA      | $415495.35    | 0.15%             | 2029-11-16      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                    | Spirit AeroSystems Inc                                                         | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |    239547 | PA      | $240072.05    | 0.09%             | 2027-01-15      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                               | Tenneco Inc                                                                    | CUSIP: 88037HAN4<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |    659542 | PA      | $643742.58    | 0.23%             | 2028-11-17      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                     | Caesars Entertainment Inc                                                      | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    584660 | PA      | $585098.50    | 0.21%             | 2030-02-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                       | Verde Purchaser LLC, Senior Secured First Lien Term Loan                       | CUSIP: 92338TAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    551864 | PA      | $554485.51    | 0.20%             | 2030-11-30      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC                  | Zelis Payments Buyer Inc                                                       | CUSIP: 98932TAG8<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    656370 | PA      | $652966.72    | 0.24%             | 2029-09-28      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC                | Camelot US Acquisition LLC                                                     | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |    294833 | PA      | $292161.81    | 0.11%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                       | AssuredPartners Inc                                                            | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |    268796 | PA      | $269772.83    | 0.10%             | 2031-02-14      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| WATERBRIDGE NDB OPERATIN                  | WaterBridge NDB Operating LLC                                                  | CUSIP: 94120YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    280395 | PA      | $280745.49    | 0.10%             | 2029-05-10      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| CENTRAL PARENT LLC                        | Central Parent LLC                                                             | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2131594 | PA      | $1785316.65   | 0.64%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                  | BroadStreet Partners Inc                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |     36919 | PA      | $37004.90     | 0.01%             | 2031-06-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| WATERBRIDGE MIDSTREAM OP                  | WaterBridge Midstream Operating LLC                                            | CUSIP: 94120XAF2<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |   1113405 | PA      | $1110421.07   | 0.40%             | 2029-06-27      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     21338 | PA      | $21231.40     | 0.01%             | 2031-02-18      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     59464 | PA      | $59167.13     | 0.02%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |    141923 | PA      | $141213.48    | 0.05%             | 2031-02-18      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                       | Boxer Parent Co Inc                                                            | CUSIP: 05988HAL1<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    812770 | PA      | $792963.27    | 0.29%             | 2032-07-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| DELTA 2 LUX SARL                          | Delta 2 Lux Sarl                                                               | CUSIP: L2465BAX4<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |    102667 | PA      | $102961.84    | 0.04%             | 2031-09-19      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| BCPE PEQUOD BUYER INC                     | BCPE Pequod Buyer Inc                                                          | CUSIP: N/A<br>LEI: 254900HEEOS2IWC84V94       | Long             | LON              | CORP              | US        |    751000 | PA      | $753159.13    | 0.27%             | 2031-11-25      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| DYNAMO US BIDCO INC                       | Dynamo US Bidco Inc                                                            | CUSIP: 26806DAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    368603 | PA      | $370217.54    | 0.13%             | 2031-09-26      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                               | Wayfair LLC                                                                    | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    852000 | PA      | $859417.51    | 0.31%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORP                         | Vertiv Group Corp                                                              | CUSIP: 92537EAF5<br>LEI: 549300ZT8RQ5VK10E643 | Long             | LON              | CORP              | US        |    561602 | PA      | $562846.37    | 0.20%             | 2027-03-02      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| CROSBY US ACQUISITION CORP                | Crosby US Acquisition Corp                                                     | CUSIP: 22739PAP1<br>LEI: 549300V5HSWHDNVOWE35 | Long             | LON              | CORP              | US        |    494635 | PA      | $497093.64    | 0.18%             | 2029-08-16      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN                  | Raven Acquisition Holdings LLC                                                 | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     58400 | PA      | $58421.89     | 0.02%             | 2031-11-20      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| WALKER & DUNLOP INC                       | Walker & Dunlop Inc                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    215000 | PA      | $216075.00    | 0.08%             | 2032-03-15      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| TAMKO BUILDING PRODUCTS INC               | Tamko Building Products LLC                                                    | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |     94045 | PA      | $94397.22     | 0.03%             | 2030-09-20      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                    | Cloud Software Group Inc                                                       | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    409758 | PA      | $410909.66    | 0.15%             | 2031-03-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPER               | Charter Communications Operating LLC                                           | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    922359 | PA      | $924840.33    | 0.33%             | 2031-12-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPER               | Charter Communications Operating LLC                                           | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |      2323 | PA      | $2329.57      | 0.00%             | 2031-12-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| RADNET MANAGEMENT INC                     | Radnet Management Inc                                                          | CUSIP: 75049EAR5<br>LEI: 549300T3TJ6A0P5TXM13 | Long             | LON              | CORP              | US        |     38552 | PA      | $38654.81     | 0.01%             | 2031-04-18      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| WAYSTAR TECHNOLOGIES INC                  | Waystar Technologies Inc                                                       | CUSIP: 63939WAM5<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    620514 | PA      | $623619.77    | 0.23%             | 2029-10-22      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                           | Goat Holdco LLC                                                                | CUSIP: 38021CAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    550000 | PA      | $551537.25    | 0.20%             | 2032-01-27      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                              | VT Topco Inc                                                                   | CUSIP: 91838LAK6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |    441404 | PA      | $442866.94    | 0.16%             | 2030-08-09      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| ZODIAC PURCHASER LLC                      | Zodiac Purchaser LLC                                                           | CUSIP: N/A<br>LEI: 2549000JOLSFPTJEAV21       | Long             | LON              | CORP              | US        |    415000 | PA      | $413703.13    | 0.15%             | 2032-02-17      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV                      | Flutter Financing BV                                                           | CUSIP: N3313EAG5<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    991624 | PA      | $990383.99    | 0.36%             | 2030-11-29      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER                  | Edelman Financial Engines Center LLC/The                                       | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    443339 | PA      | $444325.17    | 0.16%             | 2028-04-07      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| RANPAK BV                                 | Ranpak BV                                                                      | CUSIP: N/A<br>LEI: 549300CF9AWD7P93VD67       | Long             | LON              | CORP              | NL        |     91867 | PA      | $91408.01     | 0.03%             | 2031-12-19      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                             | Carnival Corp                                                                  | CUSIP: P2121YAY4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |   1386335 | PA      | $1389149.41   | 0.50%             | 2028-10-18      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                   | Frontier Communications Holdings LLC                                           | CUSIP: 35906EAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    821940 | PA      | $823308.53    | 0.30%             | 2031-07-01      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| INDY US HOLDCO LLC                        | Indy US Holdco LLC                                                             | CUSIP: 45674PAR5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    695374 | PA      | $696896.39    | 0.25%             | 2028-03-06      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| CORAL-US CO-BORROWER LLC                  | Coral-US Co-Borrower LLC                                                       | CUSIP: G7739PAN0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1182205 | PA      | $1171487.84   | 0.42%             | 2032-01-30      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| BELLA HOLDING CO LLC                      | Bella Holding Co LLC                                                           | CUSIP: 54317EAG9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    620636 | PA      | $623351.07    | 0.22%             | 2028-05-10      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| TEMPO ACQUISITION LLC                     | Tempo Acquisition LLC                                                          | CUSIP: 88023HAJ9<br>LEI: 549300VV0B2RPMHQGA61 | Long             | LON              | CORP              | US        |    404590 | PA      | $403390.42    | 0.15%             | 2028-08-31      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| AMER RESIDENT SERVICES LLC                | American Residential Services LLC                                              | CUSIP: 02927HAH1<br>LEI: 549300UXCBZIG9PCNR39 | Long             | LON              | CORP              | US        |    414454 | PA      | $416008.34    | 0.15%             | 2032-02-02      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                     | Savor Acquisition Inc                                                          | CUSIP: 80536AAC6<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     40000 | PA      | $40290.60     | 0.01%             | 2032-02-19      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE BUYER INC                       | Charlotte Buyer Inc                                                            | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    554729 | PA      | $555472.20    | 0.20%             | 2028-02-11      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| COVIA HOLDINGS LLC                        | Covia Holdings LLC                                                             | CUSIP: N/A<br>LEI: 213800IE4YGTGVTQ1806       | Long             | LON              | CORP              | US        |    362000 | PA      | $363659.77    | 0.13%             | 2032-02-26      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| HIGHLINE AFTERMARKET ACQ                  | Highline Aftermarket Acquisition LLC                                           | CUSIP: 43110HAF6<br>LEI: 254900Q5W6G5KG3GHJ04 | Long             | LON              | CORP              | US        |    335308 | PA      | $337822.82    | 0.12%             | 2030-02-19      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| APPLE BIDCO LLC                           | Apple Bidco LLC                                                                | CUSIP: 48254EAG6<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |    550505 | PA      | $550160.64    | 0.20%             | 2031-09-23      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| WIN WASTE INNOVATIONS HO                  | Win Waste Innovations Holdings Inc                                             | CUSIP: 38723BAL5<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |    259000 | PA      | $260618.75    | 0.09%             | 2028-03-27      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| AVALARA INC                               | Avalara Inc                                                                    | CUSIP: 05338KAB3<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |    468000 | PA      | $470569.32    | 0.17%             | 2032-03-29      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                    | Clydesdale Acquisition Holdings Inc                                            | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    417698 | PA      | $416538.48    | 0.15%             | 2032-03-29      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| HERSCHEND ENTERTAINMENT                   | Herschend Entertainment Co LLC                                                 | CUSIP: 42778EAG6<br>LEI: 54930087KQ7RPDXK0716 | Long             | LON              | CORP              | US        |    825000 | PA      | $831789.75    | 0.30%             | 2032-05-27      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                   | Beach Acquisition Bidco LLC                                                    | CUSIP: N/A<br>LEI: 254900F2FNX3GBTB6202       | Long             | LON              | CORP              | US        |    762000 | PA      | $766762.50    | 0.28%             | 2032-06-28      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| VOC ESCROW LTD                            | VOC Escrow Ltd                                                                 | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    418000 | PA      | $416149.76    | 0.15%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADMI CORP                                 | ADMI Corp                                                                      | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |   1212080 | PA      | $1159051.22   | 0.42%             | 2027-12-23      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                    | AthenaHealth Group Inc                                                         | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    414268 | PA      | $414319.37    | 0.15%             | 2029-02-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                   | American Axle & Manufacturing Inc                                              | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |    290909 | PA      | $290036.52    | 0.10%             | 2029-12-13      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                   | American Axle & Manufacturing Inc                                              | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |    269985 | PA      | $269175.42    | 0.10%             | 2029-12-13      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| OMNIA PARTNERS LLC                        | OMNIA Partners LLC                                                             | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |     94012 | PA      | $94296.15     | 0.03%             | 2030-07-25      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| SAPHILUX SARL                             | Saphilux Sarl                                                                  | CUSIP: N/A<br>LEI: 222100CX5OA6ONWOBW66       | Long             | LON              | CORP              | LU        |      1563 | PA      | $1573.73      | 0.00%             | 2028-07-27      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| STUBHUB HOLDCO SUB LLC                    | StubHub Holdco Sub LLC                                                         | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |   1088708 | PA      | $1059672.04   | 0.38%             | 2030-03-15      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD                        | Ardonagh Group Finco Pty Ltd                                                   | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |     26654 | PA      | $26520.93     | 0.01%             | 2031-02-18      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC                   | Windstream Services LLC                                                        | CUSIP: 97381JAJ2<br>LEI: 549300KT9GVEBYCD2N29 | Long             | LON              | CORP              | US        |    370455 | PA      | $372770.69    | 0.13%             | 2031-10-06      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| TAMKO BUILDING PRODUCTS INC               | Tamko Building Products LLC                                                    | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |     94045 | PA      | $94397.22     | 0.03%             | 2030-09-20      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| TAMKO BUILDING PRODUCTS INC               | Tamko Building Products LLC                                                    | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |     46552 | PA      | $46726.63     | 0.02%             | 2030-09-20      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| SARATOGA FOOD SPECIALITI                  | Saratoga Food Specialties LLC                                                  | CUSIP: 80348KAB4<br>LEI: 98450064UB30ECBDEB06 | Long             | LON              | CORP              | US        |    481448 | PA      | $484834.56    | 0.17%             | 2029-03-07      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                     | Savor Acquisition Inc                                                          | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |    424000 | PA      | $427080.36    | 0.15%             | 2032-02-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT                     | Stonepeak Nile Parent LLC                                                      | CUSIP: 86184XAB0<br>LEI: 254900TJV3VAFZD0GU41 | Long             | LON              | CORP              | US        |    464000 | PA      | $466088.00    | 0.17%             | 2032-04-12      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| WH BORROWER LLC                           | WH Borrower LLC                                                                | CUSIP: N/A<br>LEI: 2549009H920CQUE3R944       | Long             | LON              | CORP              | US        |    429000 | PA      | $429669.24    | 0.16%             | 2032-02-20      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| OPAL US LLC                               | Opal US LLC                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1285000 | PA      | $1291829.78   | 0.47%             | 2032-04-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-24

**Name of Applicant:** Advisors Series Trust

**Signature:** /s/ Kevin Hayden

**Name of Signer:** Advisors Series Trust

**Title:** Treasurer & Vice President