# EDGAR Filing Document

**Accession Number:** 0001676326
**File Stem:** 0001752724-25-197799
**Filing Date:** 2025-8
**Character Count:** 184885
**Document Hash:** 8324d9db72a12766b82d751a312e8101
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-197799.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-197799

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morgan Stanley ETF Trust
- **CENTRAL INDEX KEY:** 0001676326

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23820
- **FILM NUMBER:** 251242349

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212.296.1404

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

## Series and Classes Contracts Data

### Eaton Vance Floating-Rate ETF (Series ID: S000083827)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000247848 | Eaton Vance Floating-Rate ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley ETF Trust

- **b. Investment Company Act file number:** 811-23820

- **c. CIK number of Registrant:** 0001676326

- **d. LEI of Registrant:** 549300HASXQLXGOR9H31

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

  - **Street Address 1:** 1585 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-548-7786

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

- **a. Name of Series:** Eaton Vance Floating-Rate ETF

- **b. EDGAR series identifier (if any):** S000083827

- **c. LEI of Series:** 254900BDISIY9SGE8S56

**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:** $1424102248.70

**Total Liabilities:** $77419409.97

**Net Assets:** $1346682838.73

**Delayed Delivery Securities:** $2000000.00

**Cash Not Reported:** $3251162.10

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 543.28081300 | **5-Year:** 7029.55314200 | **10-Year:** 2498.24583400 | **30-Year:** 0.00000000

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

- **3-Month:** 362.78689000 | **1-Year:** 45535.53516100 | **5-Year:** 254070.12589900 | **10-Year:** 52042.74679600 | **30-Year:** 943.47988500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247848 | 0.10%                | 1.71%                | 0.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1966919.03             | $-5326176.11                               |
| Month 2  | $-977742.24              | $14552172.49                               |
| Month 3  | $-164291.94              | $2277730.40                                |

**Designated Index Information**

- **Index Name:** S&P Morningstar Leveraged Loan Index

- **Index Identifier:** SNPLLALL

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bryant Park Funding Ltd.                               | Bryant Park Funding Ltd., Series 2024-23A, Class E                                           | CUSIP: 11765DAA1<br>LEI: 391200W7QGMU3U2OCV81 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3554449.50   | 0.26%             | 2037-05-15      | Floating      | 11.06%                | Yes           |                  2 | On Loan: No      |
| Alltech, Inc.                                          | Alltech, Inc., First Lien, Term Loan, B2                                                     | CUSIP: 02003DBB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2441439 | PA      | $2448690.02   | 0.18%             | 2030-08-13      | Variable      | 8.69%                 | No            |                  2 | On Loan: No      |
| Minerals Technologies, Inc.                            | Minerals Technologies, Inc., First Lien, Term Loan, B                                        | CUSIP: 60315GAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1019875 | PA      | $1022424.69   | 0.08%             | 2031-11-26      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Diebold Nixdorf, Inc.                                  | Diebold Nixdorf, Inc.                                                                        | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3615543.14   | 0.27%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: —       |
| Olympus Water US Holding Corp.                         | Olympus Water US Holding Corp., First Lien, Dollar Term Loan, B6                             | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5587415 | PA      | $5532825.82   | 0.41%             | 2031-06-23      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Oldcastle BuildingEnvelope, Inc.                       | Oldcastle BuildingEnvelope, Inc., First Lien, Term Loan, B                                   | CUSIP: 68778DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4429178 | PA      | $4095594.68   | 0.30%             | 2029-04-30      | Variable      | 8.55%                 | No            |                  2 | On Loan: No      |
| Rackspace Finance LLC                                  | Rackspace Finance LLC, First Lien, 2024 Incremental Super-Priority Term Loan                 | CUSIP: 75008UAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2970000 | PA      | $2986438.95   | 0.22%             | 2028-05-15      | Variable      | 10.68%                | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                  | Hightower Holding LLC, First Lien, Initial Term Loan                                         | CUSIP: 43117LAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3451950 | PA      | $3449084.75   | 0.26%             | 2032-02-03      | Variable      | 7.26%                 | No            |                  2 | On Loan: No      |
| GIP Pilot Acquisition Partners LP                      | GIP Pilot Acquisition Partners LP, First Lien, Initial Term Loan                             | CUSIP: 31773HAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6715787 | PA      | $6746545.29   | 0.50%             | 2030-10-04      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                    | Bausch + Lomb Corp.                                                                          | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1045000.00   | 0.08%             | 2028-10-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| AG Issuer LLC                                          | AG Issuer LLC                                                                                | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1150940.70   | 0.09%             | 2028-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Walker & Dunlop, Inc.                                  | Walker & Dunlop, Inc., First Lien, Term Loan, B                                              | CUSIP: 93148QAK6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1645875 | PA      | $1654104.38   | 0.12%             | 2032-03-15      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Gates Global LLC                                       | Gates Global LLC, First Lien, Initial Dollar Term Loan, B5                                   | CUSIP: 36740UAY8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5453775 | PA      | $5459528.79   | 0.41%             | 2031-06-04      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                             | Garda World Security Corp., First Lien, Twelfth Additional Term Loan                         | CUSIP: C4000KAG9<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1500000 | PA      | $1504575.00   | 0.11%             | 2029-02-01      | Variable      | 7.31%                 | No            |                  2 | On Loan: No      |
| Applied Systems, Inc.                                  | Applied Systems, Inc., First Lien, Term Loan, B                                              | CUSIP: 03827FBD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4118522 | PA      | $4141359.12   | 0.31%             | 2031-02-24      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Flutter Financing B.V.                                 | Flutter Financing BV, First Lien, Third Incremental Term Loan, B                             | CUSIP: N3313EAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |   1425000 | PA      | $1426781.25   | 0.11%             | 2032-06-04      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                    | Ascend Learning LLC, Second Lien, Initial Term Loan                                          | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   1885963 | PA      | $1893034.97   | 0.14%             | 2029-12-10      | Variable      | 10.18%                | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 74 B Ltd.                   | Golub Capital Partners CLO 74B Ltd., Series 2024-74A, Class E                                | CUSIP: 38190CAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2530390.00   | 0.19%             | 2037-07-25      | Floating      | 10.38%                | Yes           |                  2 | On Loan: No      |
| Ares LVII CLO Ltd.                                     | Ares LVII CLO Ltd., Series 2020-57A, Class ER                                                | CUSIP: 04017UAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2750000 | PA      | $2760455.50   | 0.20%             | 2035-01-25      | Floating      | 10.81%                | Yes           |                  2 | On Loan: No      |
| Hertz Corp. (The)                                      | Hertz Corp. (The), First Lien, Initial Term Loan, C                                          | CUSIP: 42804VBC4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |    582716 | PA      | $485970.95    | 0.04%             | 2028-06-30      | Variable      | 8.04%                 | No            |                  2 | On Loan: No      |
| GOAT Holdco LLC                                        | GOAT Holdco LLC, First Lien, Term Loan, B                                                    | CUSIP: 38021CAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1995000 | PA      | $2000576.03   | 0.15%             | 2032-01-27      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Belron Finance 2019 LLC                                | Belron Finance 2019 LLC, First Lien, 2031 Dollar Incremental Term Loan                       | CUSIP: 08078UAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2977500 | PA      | $2994695.06   | 0.22%             | 2031-10-16      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Bear Mountain Park CLO Ltd.                            | Bear Mountain Park CLO Ltd., Series 2022-1A, Class ER                                        | CUSIP: 07403KAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3014727.00   | 0.22%             | 2037-07-15      | Floating      | 10.21%                | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                               | Lumen Technologies, Inc., First Lien, Term Loan, B2                                          | CUSIP: 55024EAG0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6593293 | PA      | $6520700.48   | 0.48%             | 2030-04-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                       | Proofpoint, Inc., First Lien, Term Loan                                                      | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   6006757 | PA      | $6017508.96   | 0.45%             | 2028-08-31      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Artera Services LLC                                    | Artera Services LLC, First Lien, Term Loan, C                                                | CUSIP: 73937UAL2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1491185 | PA      | $1255473.30   | 0.09%             | 2031-02-18      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| BlueMountain CLO XXX Ltd.                              | BlueMountain CLO XXX Ltd., Series 2020-30A, Class ER                                         | CUSIP: 09630RAG4<br>LEI: 5493002GUQ80FGGGNP40 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1970668.00   | 0.15%             | 2035-04-15      | Floating      | 10.96%                | Yes           |                  2 | On Loan: No      |
| Brown Group Holding LLC                                | Brown Group Holding LLC, First Lien, Incremental Term Loan, B2                               | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |   4742981 | PA      | $4754031.87   | 0.35%             | 2031-07-01      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 59 Ltd.             | Neuberger Berman Loan Advisers CLO 59 Ltd., Series 2024-59A, Class E                         | CUSIP: 640973AA1<br>LEI: 254900ERHU6RJHYSL744 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006848.00   | 0.15%             | 2039-01-23      | Floating      | 9.10%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                     | Aretec Group, Inc., First Lien, Term Loan, B3                                                | CUSIP: 04009DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5383725 | PA      | $5399552.91   | 0.40%             | 2030-08-09      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Apex Tool Group LLC                                    | Apex Tool Group LLC, First Lien, Incremental Term Loan, B                                    | CUSIP: 03759DAP3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     90442 | PA      | $71449.38     | 0.01%             | 2030-02-08      | Variable      | 14.43%                | No            |                  2 | On Loan: No      |
| AssuredPartners, Inc.                                  | AssuredPartners, Inc., First Lien, 2024 Term Loan                                            | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |   5766750 | PA      | $5787712.14   | 0.43%             | 2031-02-14      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp.                                   | CNT Holdings I Corp., First Lien, 2025 Replacement Term Loan                                 | CUSIP: 12656AAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4974874 | PA      | $4992759.05   | 0.37%             | 2032-11-08      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| AAG US GSI Bidco, Inc.                                 | AAG US GSI Bidco, Inc., First Lien, Initial Term Loan                                        | CUSIP: 00033RAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    922688 | PA      | $920380.78    | 0.07%             | 2031-10-08      | Variable      | 9.30%                 | No            |                  2 | On Loan: No      |
| Vista Management Holding Inc.                          | Vista Management Holding, Inc., First Lien, Initial Term Loan                                | CUSIP: 92842EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1375000 | PA      | $1380156.25   | 0.10%             | 2031-04-01      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US, Inc.                                 | Neptune Bidco US, Inc., First Lien, Dollar Term Loan, B                                      | CUSIP: 64069JAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3326463 | PA      | $3154784.54   | 0.23%             | 2029-04-11      | Variable      | 9.33%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                        | Trans Union LLC, First Lien, 2024 Refinancing Term Loan, B9                                  | CUSIP: 89334GBG8<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |   4653118 | PA      | $4663075.17   | 0.35%             | 2031-06-24      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Crosby US Acquisition Corp.                            | Crosby US Acquisition Corp., First Lien, Amendment No. 4 Replacement Term Loan               | CUSIP: 22739PAP1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2565086 | PA      | $2577834.76   | 0.19%             | 2029-08-16      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Ares LIV CLO Ltd.                                      | Ares LIV CLO Ltd., Series 2019-54A, Class E                                                  | CUSIP: 04017XAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1014994.00   | 0.08%             | 2032-10-15      | Floating      | 11.86%                | Yes           |                  2 | On Loan: No      |
| HDI Aerospace Intermediate Holding III Corp.           | HDI Aerospace Intermediate Holding III Corp., First Lien, Initial Term Loan                  | CUSIP: 40415WAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1175000 | PA      | $1177937.50   | 0.09%             | 2032-02-11      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                        | ABG Intermediate Holdings 2 LLC, First Lien, 2025 Delayed Draw Term Loan                     | CUSIP: 00076VBM1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1371562 | PA      | $1370705.27   | 0.10%             | 2032-02-13      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Construction Partners, Inc.                            | Construction Partners, Inc., First Lien, Closing Date Term Loan                              | CUSIP: 21043XAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    945250 | PA      | $949385.47    | 0.07%             | 2031-11-03      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Kronos Acquisition Holdings, Inc.                      | Kronos Acquisition Holdings, Inc., First Lien, Initial Term Loan                             | CUSIP: 50106JAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4094062 | PA      | $3680562.19   | 0.27%             | 2031-06-27      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| WhiteWater Matterhorn Holdings, LLC                    | WhiteWater Matterhorn Holdings LLC, First Lien, Initial Term Loan                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1100000 | PA      | $1100918.50   | 0.08%             | 2032-06-16      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Hanesbrands, Inc.                                      | Hanesbrands, Inc., First Lien, Initial Term Loan, B                                          | CUSIP: 410346AY6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1988903 | PA      | $1996570.28   | 0.15%             | 2032-03-08      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| PG Polaris BidCo SARL                                  | PG Polaris BidCo SARL, First Lien, Initial Term Loan                                         | CUSIP: 91728NAB5<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | US        |   2094741 | PA      | $2103119.56   | 0.16%             | 2031-03-26      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Tronox Finance LLC                                     | Tronox Finance LLC, First Lien, 2024 Term Loan, B2                                           | CUSIP: 89705DAQ5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4987500 | PA      | $4916602.69   | 0.37%             | 2029-04-04      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Altice France SA                                       | Altice France SA, First Lien, Term Loan, B14                                                 | CUSIP: F6628DAN4<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |   3473418 | PA      | $3155982.08   | 0.23%             | 2028-08-15      | Variable      | 9.76%                 | No            |                  2 | On Loan: No      |
| Medical Solutions Holdings, Inc.                       | Medical Solutions Holdings, Inc., First Lien, Term Loan                                      | CUSIP: 58462QAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1580749 | PA      | $851794.61    | 0.06%             | 2028-11-01      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| EAB Global, Inc.                                       | EAB Global, Inc., First Lien, Term Loan                                                      | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |   2236069 | PA      | $2199732.54   | 0.16%             | 2030-08-16      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding, Inc.              | Crown Subsea Communications Holding, Inc., First Lien, 2024 Term Loan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1500000 | PA      | $1511565.00   | 0.11%             | 2031-01-30      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Artera Services LLC                                    | Artera Services LLC                                                                          | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1750404.81   | 0.13%             | 2031-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XVI Ltd.                   | Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class ER2                             | CUSIP: 08182JAG6<br>LEI: 2549001UGYKGM9DWMY60 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2983146.00   | 0.22%             | 2038-01-17      | Floating      | 9.18%                 | Yes           |                  2 | On Loan: No      |
| Cohesity, Inc.                                         | Cohesity, Inc., Series G-1                                                                   | CUSIP: N/A<br>LEI: 254900JU2GC36CXYYG09       | Long             | EC               | CORP              | US        |     11404 | NS      | $262292.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| EPIC Crude Services LP                                 | EPIC Crude Services LP, First Lien, Term Loan                                                | CUSIP: 29428XAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4146049 | PA      | $4165058.85   | 0.31%             | 2031-10-15      | Variable      | 7.26%                 | No            |                  2 | On Loan: No      |
| Ineos US Finance LLC                                   | INEOS US Finance LLC, First Lien, New 2031 Term Loan                                         | CUSIP: G4768PAS0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1147118 | PA      | $1097218.18   | 0.08%             | 2031-02-07      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                | Level 3 Financing, Inc., First Lien, Commitment Term Loan, B3                                | CUSIP: 52729KAT3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $3036885.00   | 0.23%             | 2032-03-29      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| HomeServe USA Corp.                                    | HomeServe USA Corp., First Lien, Amendment No. 1 Refinancing Term Loan                       | CUSIP: 43761EAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5489918 | PA      | $5501941.06   | 0.41%             | 2030-10-21      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                             | AAdvantage Loyalty IP Ltd., First Lien, Term Loan                                            | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7576471 | PA      | $7537982.13   | 0.56%             | 2028-04-20      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| AMSPEC PARENT, LLC                                     | Amspec Parent LLC, First Lien, Amendment No. 1 Other Term Loan                               | CUSIP: 03218AAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2080000 | PA      | $2093000.00   | 0.16%             | 2031-12-22      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco GmbH                                 | TK Elevator Midco GmbH, First Lien, Term Loan, B1                                            | CUSIP: D9000BAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |  11440098 | PA      | $11482998.70  | 0.85%             | 2030-04-30      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| Ballyrock CLO 16 Ltd.                                  | Ballyrock CLO 16 Ltd., Series 2021-16A, Class C2R                                            | CUSIP: 05876KAU9<br>LEI: 2549003CI27B7ZDOMR46 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2078561.10   | 0.15%             | 2038-04-20      | Floating      | 8.00%                 | Yes           |                  2 | On Loan: No      |
| DexKo Global, Inc.                                     | DexKo Global, Inc., First Lien, Closing Date Dollar Term Loan                                | CUSIP: 25213YAU9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1272249 | PA      | $1220583.02   | 0.09%             | 2028-10-04      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group, Inc.                            | Kenan Advantage Group, Inc. (The), First Lien, U.S. Term Loan, B4                            | CUSIP: 48853UBQ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2977353 | PA      | $2940136.38   | 0.22%             | 2029-01-25      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                         | Cloudera, Inc., First Lien, Initial Term Loan                                                | CUSIP: 74339VAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6159933 | PA      | $5938175.11   | 0.44%             | 2028-10-09      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| Apex Tool Group LLC                                    | Apex Tool Group LLC, First Lien, Term Loan, A                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     38216 | PA      | $33216.23     | 0.00%             | 2029-02-08      | Variable      | 9.68%                 | No            |                  2 | On Loan: No      |
| Ivanti Software, Inc.                                  | Ivanti Software, Inc., First Lien, 2025-1 Fourth Amendment Refinancing Term Loan             | CUSIP: 46583DAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    609097 | PA      | $508026.24    | 0.04%             | 2029-06-01      | Variable      | 9.02%                 | No            |                  2 | On Loan: No      |
| OPAL US LLC                                            | Opal LLC, First Lien, Term Loan, B2                                                          | CUSIP: F7000QAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5830000 | PA      | $5860986.45   | 0.44%             | 2032-03-31      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| Madison Safety & Flow LLC                              | Madison Safety & Flow LLC, First Lien, 2025 Incremental Term Loan                            | CUSIP: 55822DAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1913050 | PA      | $1919028.25   | 0.14%             | 2031-09-26      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| DS Admiral Bidco LLC                                   | DS Admiral Bidco LLC, First Lien, Initial Term Loan                                          | CUSIP: 23344UAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2080330 | PA      | $2075129.01   | 0.15%             | 2031-06-26      | Variable      | 8.55%                 | No            |                  2 | On Loan: No      |
| Varsity Brands, Inc.                                   | Varsity Brands, Inc., First Lien, Term Loan, B                                               | CUSIP: 92227QAF3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4488750 | PA      | $4493665.18   | 0.33%             | 2031-08-26      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                            | Grant Thornton Advisors LLC, First Lien, 2025 Incremental Term Loan                          | CUSIP: 38821UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1456491 | PA      | $1457037.05   | 0.11%             | 2031-06-02      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| E2open LLC                                             | E2open LLC, First Lien, Term Loan                                                            | CUSIP: 26826YAB8<br>LEI: 549300WF2BZODU55DR56 | Long             | LON              | CORP              | US        |   3961541 | PA      | $3979942.40   | 0.30%             | 2028-02-04      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Ares LXI CLO Ltd.                                      | Ares LXI CLO Ltd., Series 2021-61A, Class ER                                                 | CUSIP: 04019EAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2008114.00   | 0.15%             | 2037-04-20      | Floating      | 11.11%                | Yes           |                  2 | On Loan: No      |
| Guggenheim Partners Investment Management Holdings LLC | Guggenheim Partners Investment Management Holdings LLC, First Lien, Term Loan, B             | CUSIP: 36173YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4975000 | PA      | $5001417.25   | 0.37%             | 2031-11-26      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corp.                                     | Primo Brands Corp., First Lien, 2025 Refinancing Term Loan                                   | CUSIP: 89678QAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12694319 | PA      | $12754236.52  | 0.95%             | 2028-03-31      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Invenergy Thermal Operating I LLC                      | Invenergy Thermal Operating I LLC, First Lien, Term Loan, C                                  | CUSIP: 46123UAQ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    140625 | PA      | $141873.05    | 0.01%             | 2032-05-06      | Variable      | 7.91%                 | No            |                  2 | On Loan: No      |
| VeriFone Systems, Inc.                                 | VeriFone Systems, Inc., First Lien, Term Loan                                                | CUSIP: 92346NAB5<br>LEI: 254900LTTVM8MM9RKV75 | Long             | LON              | CORP              | US        |   1321959 | PA      | $1240658.82   | 0.09%             | 2025-08-20      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                              | Panther Escrow Issuer LLC                                                                    | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2078812.00   | 0.15%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                            | Grant Thornton Advisors LLC, First Lien, 2025-2 Incremental Term Loan                        | CUSIP: 38821UAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3250000 | PA      | $3259343.75   | 0.24%             | 2031-06-02      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Herschend Entertainment Co. LLC                        | Herschend Entertainment Co. LLC, First Lien, Initial Term Loan                               | CUSIP: 42778EAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    900000 | PA      | $907407.00    | 0.07%             | 2032-05-27      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Kestra Advisor Services Holdings A, Inc.               | Kestra Advisor Services Holdings A, Inc., First Lien, Term Loan                              | CUSIP: 49255BAK0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2481281 | PA      | $2483092.58   | 0.18%             | 2031-03-24      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co., Inc.                                 | Boxer Parent Co., Inc., Second Lien, Initial Term Loan                                       | CUSIP: 05988HAL1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3100000 | PA      | $3024453.00   | 0.22%             | 2031-07-30      | Variable      | 10.08%                | No            |                  2 | On Loan: No      |
| CohnReznick Advisory LLC                               | CohnReznick Advisory LLC, First Lien, Initial Term Loan                                      | CUSIP: 19250AAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1360150 | PA      | $1356750.00   | 0.10%             | 2032-03-31      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| Knife River Corp.                                      | Knife River Corp., First Lien, Initial Term Loan, B                                          | CUSIP: 49889LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    573562 | PA      | $576074.70    | 0.04%             | 2032-03-08      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                             | Cloud Software Group, Inc., First Lien, Initial Dollar Term Loan, B                          | CUSIP: 88632NBF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11002538 | PA      | $11026908.69  | 0.82%             | 2029-03-30      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| First Student Bidco, Inc.                              | First Student Bidco, Inc., First Lien, Term Loan, B2                                         | CUSIP: 33718FAL4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2411924 | PA      | $2415686.98   | 0.18%             | 2028-07-21      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| New Mountain CLO 6 Ltd.                                | New Mountain CLO 6 Ltd., Series CLO-6A, Class E                                              | CUSIP: 647909AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2011610.00   | 0.15%             | 2037-10-15      | Floating      | 10.36%                | Yes           |                  2 | On Loan: No      |
| Fugue Finance BV                                       | Fugue Finance BV, First Lien, Initial Dollar Term Loan                                       | CUSIP: N3430BAH7<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |   7924848 | PA      | $7981827.42   | 0.59%             | 2032-01-09      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| ACProducts Holdings, Inc.                              | ACProducts Holdings, Inc., First Lien, Initial Term Loan                                     | CUSIP: 00488YAB2<br>LEI: 254900KTNXVUUHWHBF39 | Long             | LON              | CORP              | US        |   1230769 | PA      | $938080.00    | 0.07%             | 2028-05-17      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| Pro Mach Group, Inc.                                   | Pro Mach Group, Inc., First Lien, Amendment No. 5 Refinancing Term Loan                      | CUSIP: 74273JAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3552472 | PA      | $3563750.66   | 0.26%             | 2028-08-31      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Ballyrock CLO 16 Ltd.                                  | Ballyrock CLO 16 Ltd., Series 2021-16A, Class DR                                             | CUSIP: 05877AAE6<br>LEI: 2549003CI27B7ZDOMR46 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2959920.00   | 0.22%             | 2038-04-20      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| Trucordia Insurance Holdings, LLC                      | Trucordia Insurance Holdings LLC, First Lien, Initial Term Loan                              | CUSIP: 89783WAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2006250.00   | 0.15%             | 2032-06-14      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc., First Lien, 2021 Other Term Loan, B1                                       | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    689957 | PA      | $680590.53    | 0.05%             | 2027-12-17      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA, Inc.                         | Harbor Freight Tools USA, Inc., First Lien, Initial Term Loan                                | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |   3569250 | PA      | $3499721.01   | 0.26%             | 2031-06-11      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| AMSPEC PARENT LLC                                      | Amspec Parent LLC, First Lien, Term Loan                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     80000 | PA      | $80500.00     | 0.01%             | 2032-06-09      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co, Inc.                           | Dynasty Acquisition Co., Inc., First Lien, Initial Term Loan, B2                             | CUSIP: 26812CAP1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     68716 | PA      | $68825.15     | 0.01%             | 2031-10-31      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                               | Energizer Holdings, Inc., First Lien, Initial Term Loan                                      | CUSIP: 29267YAW2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4275000 | PA      | $4291929.00   | 0.32%             | 2032-03-19      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                             | Cloud Software Group, Inc.                                                                   | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2758761.81   | 0.20%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Engineered Machinery Holdings, Inc.                    | Engineered Machinery Holdings, Inc., Second Lien, Incremental Amendment No. 3 Term Loan      | CUSIP: 26658NAQ2<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   3150000 | PA      | $3167718.74   | 0.24%             | 2029-05-21      | Variable      | 10.56%                | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                          | White Cap Supply Holdings LLC, First Lien, Term Loan, C                                      | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |   5309379 | PA      | $5288486.20   | 0.39%             | 2029-10-19      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                   | Osaic Holdings, Inc., First Lien, Term Loan, B4                                              | CUSIP: 00775KAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2830325 | PA      | $2840117.62   | 0.21%             | 2028-08-17      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| INEOS US Finance LLC                                   | INEOS US Finance LLC, First Lien, 2030 Dollar Term Loan                                      | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |   4590485 | PA      | $4411387.61   | 0.33%             | 2030-02-18      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Spring Education Group, Inc.                           | Spring Education Group, Inc., First Lien, Term Loan                                          | CUSIP: 84840EAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2487374 | PA      | $2500780.68   | 0.19%             | 2030-09-30      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS, Inc.                                    | Herc Holdings, Inc., First Lien, Initial Term Loan                                           | CUSIP: 42705FAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    850000 | PA      | $854250.00    | 0.06%             | 2032-06-02      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Service Logic Acquisition, Inc.                        | Service Logic Acquisition, Inc., First Lien, Amendment No. 8 Refinancing Term Loan           | CUSIP: 81759AAH3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1492500 | PA      | $1496231.25   | 0.11%             | 2027-10-29      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Berlin Packaging LLC                                   | Berlin Packaging LLC, First Lien, 2024-2 Replacement Term Loan                               | CUSIP: 08511LBC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2982533 | PA      | $2996610.87   | 0.22%             | 2031-06-09      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Aragorn Parent Corp.                                   | Aragorn Parent Corp., First Lien, 2023 Replacement Term Loan                                 | CUSIP: 37610GAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7394912 | PA      | $7446528.71   | 0.55%             | 2028-12-15      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                         | Raven Acquisition Holdings LLC, First Lien, Initial Term Loan                                | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5958400 | PA      | $5960634.40   | 0.44%             | 2031-11-19      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Red SPV, LLC                                           | Red SPV LLC, First Lien, Initial Term Loan                                                   | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4750000 | PA      | $4750000.00   | 0.35%             | 2032-03-15      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I LP                                    | Hilcorp Energy I LP, First Lien, Initial Term Loan                                           | CUSIP: 431319AH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1845375 | PA      | $1851141.80   | 0.14%             | 2030-02-06      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| OID-OL Intermediate I LLC                              | OID-OL Intermediate I LLC, First Lien, Initial Second Out Term Loan                          | CUSIP: 67089SAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2002937 | PA      | $1680794.82   | 0.12%             | 2029-02-02      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| BlueMountain CLO XXXIV Ltd.                            | BlueMountain CLO XXXIV Ltd., Series 2022-34A, Class E                                        | CUSIP: 09631KAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002897.00   | 0.07%             | 2035-04-20      | Floating      | 11.82%                | Yes           |                  2 | On Loan: No      |
| SCUR - Alpha 1503 GmbH                                 | SCUR-Alpha 1503 GmbH, First Lien, USD Term Loan, B1                                          | CUSIP: D7001LAC7<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |   2775341 | PA      | $2628081.48   | 0.20%             | 2030-03-28      | Variable      | 9.82%                 | No            |                  2 | On Loan: No      |
| Altice France SA                                       | Altice France SA                                                                             | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2068750.00   | 0.15%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: —       |
| Student Transportation of America Holdings, Inc.       | Student Transportation of America Holdings, Inc., First Lien, Term Loan, B                   | CUSIP: 86388BAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1913333 | PA      | $1919609.06   | 0.14%             | 2032-06-10      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Pretzel Parent, Inc.                                   | Pretzel Parent, Inc., First Lien, Initial Term Loan                                          | CUSIP: 74142YAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2394000 | PA      | $2380234.50   | 0.18%             | 2031-10-01      | Variable      | 8.83%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials                          | Foundation Building Materials, Inc., First Lien, Term Loan                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2199743 | PA      | $2159674.77   | 0.16%             | 2031-01-29      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc.                                         | RealPage, Inc., First Lien, Initial Term Loan                                                | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   1700000 | PA      | $1690233.50   | 0.13%             | 2028-04-24      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                             | Fertitta Entertainment LLC                                                                   | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2683636.51   | 0.20%             | 2029-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding XXII Ltd.                         | Madison Park Funding XXII Ltd., Series 2016-22A, Class ER2                                   | CUSIP: 55819VAJ5<br>LEI: 254900YXXBTCF4NGD347 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2993742.00   | 0.22%             | 2038-01-15      | Floating      | 10.16%                | Yes           |                  2 | On Loan: No      |
| Oaktree CLO Ltd.                                       | Oaktree CLO Ltd., Series 2019-4A, Class ERR                                                  | CUSIP: 67400JAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3970000.00   | 0.29%             | 2037-07-20      | Floating      | 10.86%                | Yes           |                  2 | On Loan: No      |
| Elmwood CLO VI Ltd.                                    | Elmwood CLO VI Ltd., Series 2020-3A, Class ERR                                               | CUSIP: 29001WAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2990223.00   | 0.22%             | 2037-07-18      | Floating      | 10.17%                | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                        | TransDigm, Inc., First Lien, Term Loan, J                                                    | CUSIP: 89364MCA0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7697250 | PA      | $7719610.51   | 0.57%             | 2031-02-28      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Octagon 60 Ltd.                                        | Octagon 60 Ltd., Series 2022-1A, Class ER                                                    | CUSIP: 675936AE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4062064.00   | 0.30%             | 2037-10-20      | Floating      | 11.27%                | Yes           |                  2 | On Loan: No      |
| Plano Holdco, Inc.                                     | Plano HoldCo, Inc., First Lien, Closing Date Term Loan                                       | CUSIP: 72712EAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    847875 | PA      | $807600.94    | 0.06%             | 2031-10-02      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| Barings CLO Ltd.                                       | Barings CLO Ltd., Series 2022-4A, Class ER                                                   | CUSIP: 06763JAE2<br>LEI: 549300NRFNRCBGSJ3239 | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3805027.50   | 0.28%             | 2037-10-20      | Floating      | 11.02%                | Yes           |                  2 | On Loan: No      |
| EmployBridge Holding Co.                               | EmployBridge Holding Co., First Lien, Second Out Term Loan, B                                | CUSIP: 29216HAE1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1582115 | PA      | $420581.51    | 0.03%             | 2030-01-18      | Variable      | 9.31%                 | No            |                  2 | On Loan: No      |
| X Corp.                                                | X Corp., First Lien, Term Loan, B1                                                           | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5333663 | PA      | $5217416.07   | 0.39%             | 2029-10-26      | Variable      | 10.95%                | No            |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC                             | MajorDrive Holdings IV LLC, First Lien, Initial Term Loan                                    | CUSIP: 56085UAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3580824 | PA      | $3521650.81   | 0.26%             | 2028-06-01      | Variable      | 9.95%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                     | Wand NewCo 3, Inc., First Lien, Initial Term Loan                                            | CUSIP: 93369PAM6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3379986 | PA      | $3368798.07   | 0.25%             | 2031-01-30      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Ivanti Software, Inc.                                  | Ivanti Software, Inc., First Lien, Initial Term Loan                                         | CUSIP: 46583VAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    275000 | PA      | $283593.75    | 0.02%             | 2029-06-01      | Variable      | 10.02%                | No            |                  2 | On Loan: No      |
| Renaissance Holding Corp.                              | Renaissance Holdings Corp., First Lien, 2024-2 Term Loan                                     | CUSIP: 75972JAK0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3107310 | PA      | $2830557.15   | 0.21%             | 2030-04-05      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                      | Clarios Global LP, First Lien, Amendment No. 6 Dollar Term Loan                              | CUSIP: C8000CAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5500000 | PA      | $5512045.00   | 0.41%             | 2032-01-28      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                    | Medline Borrower LP, First Lien, Dollar Incremental Term Loan                                | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |  10171449 | PA      | $10194588.96  | 0.76%             | 2028-10-23      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| LTI Holdings, Inc.                                     | LTI Holdings, Inc., First Lien, 2024 Term Loan                                               | CUSIP: 50217UBF3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4002024 | PA      | $4006405.93   | 0.30%             | 2029-07-29      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| Kuehg Corp.                                            | KUEHG Corp., First Lien, 2024 Refinancing Term Loan                                          | CUSIP: 50118YAG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9872749 | PA      | $9888940.05   | 0.73%             | 2030-06-12      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Harvest US CLO Ltd.                                    | Harvest US CLO Ltd., Series 2024-3A, Class E                                                 | CUSIP: 41756RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3011529.00   | 0.22%             | 2038-01-18      | Floating      | 11.05%                | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                      | Alliant Holdings Intermediate LLC, First Lien, Initial Term Loan                             | CUSIP: 01881UAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9118538 | PA      | $9130938.80   | 0.68%             | 2031-09-19      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| American Trailer World Corp.                           | American Trailer World Corp., First Lien, Term Loan, B                                       | CUSIP: 03028BAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2050000 | PA      | $1683347.25   | 0.12%             | 2028-03-03      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc., First Lien, 2021 Other Term Loan, B2                                       | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    807816 | PA      | $796849.69    | 0.06%             | 2027-12-17      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO XVII Ltd.                         | Neuberger Berman CLO XVII Ltd., Series 2014-17A, Class ER3                                   | CUSIP: 64129VAQ6<br>LEI: 549300XVEYZNG956Y145 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1022378.00   | 0.08%             | 2038-07-22      | Floating      | 11.02%                | Yes           |                  2 | On Loan: No      |
| Gloves Buyer, Inc.                                     | Gloves Buyer, Inc., First Lien, Initial Term Loan                                            | CUSIP: 37987UAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4500000 | PA      | $4421250.00   | 0.33%             | 2032-05-21      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| INEOS Enterprises Holdings US Finco LLC                | INEOS Enterprises Holdings US Finco LLC, First Lien, Term Loan, B                            | CUSIP: G4770QAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3482368 | PA      | $3473661.84   | 0.26%             | 2030-07-07      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| CQP Holdco LP                                          | CQP Holdco LP, First Lien, Initial Term Loan                                                 | CUSIP: 12657QAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10961041 | PA      | $10975180.99  | 0.81%             | 2030-12-31      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Sotera Health Holdings LLC                             | Sotera Health Holdings LLC, First Lien, 2024 Refinancing Term Loan                           | CUSIP: 83600VAG6<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |   1471294 | PA      | $1479577.35   | 0.11%             | 2031-05-30      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                            | Caesars Entertainment, Inc.                                                                  | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2566851.90   | 0.19%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Freeport LNG Investments LLLP                          | Freeport LNG Investments LLLP, First Lien, 2025 Term Loan, B                                 | CUSIP: 35670CAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2504093 | PA      | $2509840.11   | 0.19%             | 2028-12-21      | Variable      | 7.52%                 | No            |                  2 | On Loan: No      |
| MRP BUYER LLC                                          | MRP Buyer LLC, First Lien, Closing Date Term Loan                                            | CUSIP: 55351DAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4302419 | PA      | $4243282.61   | 0.32%             | 2032-06-04      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS, Inc.                                  | Viavi Solutions, Inc., First Lien, Term Loan, B                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1500000 | PA      | $1502347.50   | 0.11%             | 2032-06-11      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Stepstone Group MidCo 2 GmbH                           | Stepstone Group MidCo 2 GmbH (The), First Lien, Term Loan                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |   1575000 | PA      | $1531687.50   | 0.11%             | 2031-12-04      | Variable      | 8.65%                 | No            |                  2 | On Loan: No      |
| Harvest US CLO Ltd.                                    | Harvest US CLO Ltd., Series 2024-2A, Class E                                                 | CUSIP: 41756XAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3032853.00   | 0.23%             | 2037-10-15      | Floating      | 11.16%                | Yes           |                  2 | On Loan: No      |
| Focus Financial Partners LLC                           | Focus Financial Partners LLC                                                                 | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2042878.00   | 0.15%             | 2031-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Tronox Finance LLC                                     | Tronox Finance LLC, First Lien, 2024 Term Loan, B                                            | CUSIP: 89705DAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3728928 | PA      | $3659010.69   | 0.27%             | 2031-09-30      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp.                                      | IRB Holding Corp., First Lien, 2024 Second Replacement Term Loan, B                          | CUSIP: 44988LAL1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8766723 | PA      | $8775884.28   | 0.65%             | 2027-12-15      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Carlyle US CLO Ltd.                                    | Carlyle US CLO Ltd., Series 2021-1A, Class DR                                                | CUSIP: 14317LAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4102448.00   | 0.30%             | 2040-01-15      | Floating      | 11.56%                | Yes           |                  2 | On Loan: No      |
| Osttra GroupLtd.                                       | Osttra Group Ltd., First Lien, Term Loan                                                     | CUSIP: 68631KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   1625000 | PA      | $1631906.25   | 0.12%             | 2032-05-21      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International, Inc.                     | Light & Wonder International, Inc., First Lien, Term Loan, B2                                | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |   7722090 | PA      | $7738499.39   | 0.57%             | 2029-04-16      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                      | Polaris Newco LLC, First Lien, Dollar Term Loan                                              | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   5235422 | PA      | $5109248.47   | 0.38%             | 2028-06-02      | Variable      | 8.29%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co, Inc.                           | Dynasty Acquisition Co., Inc., First Lien, Initial Term Loan, B1                             | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    180657 | PA      | $180943.54    | 0.01%             | 2031-10-31      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                      | Cornerstone Building Brands, Inc., First Lien, New Term Loan, B                              | CUSIP: 72431HAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2766046 | PA      | $2477920.49   | 0.18%             | 2028-04-12      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| Informatica LLC                                        | Informatica LLC, First Lien, Term Loan, B                                                    | CUSIP: 45673YAL0<br>LEI: 5493007SV33RZV7RPS40 | Long             | LON              | CORP              | US        |   6898154 | PA      | $6934817.60   | 0.51%             | 2028-10-27      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Lonza Group AG                                         | Lonza Group AG, First Lien, USD Term Loan, B                                                 | CUSIP: L4780EAC8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   2013098 | PA      | $1849080.72   | 0.14%             | 2028-07-03      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corp.                              | Discovery Purchaser Corp., First Lien, Term Loan                                             | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |   3580659 | PA      | $3579531.08   | 0.27%             | 2029-10-04      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| Lightning Power LLC                                    | Lightning Power LLC, First Lien, Initial Term Loan, B                                        | CUSIP: 53229LAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4477500 | PA      | $4490865.34   | 0.33%             | 2031-08-18      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Lernen US Finco LLC                                    | Lernen US Finco LLC, First Lien, Term Loan, B2                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1965137 | PA      | $1980691.40   | 0.15%             | 2031-10-27      | Variable      | 8.29%                 | No            |                  2 | On Loan: No      |
| Froneri International Ltd.                             | Froneri International Ltd., First Lien, Term Loan, B4                                        | CUSIP: G3679YAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5727022 | PA      | $5676939.30   | 0.42%             | 2031-09-30      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                                  | Clover Holdings 2 LLC, First Lien, Initial Term Loan                                         | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4750000 | PA      | $4763347.50   | 0.35%             | 2031-12-09      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                            | Allied Universal Holdco LLC                                                                  | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $776290.96    | 0.06%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AthenaHealth Group, Inc.                               | AthenaHealth Group, Inc., First Lien, Initial Term Loan                                      | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   5925456 | PA      | $5926196.82   | 0.44%             | 2029-02-15      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| USI, Inc.                                              | USI, Inc., First Lien, 2024 Term Loan, D                                                     | CUSIP: 90351NAR6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12035825 | PA      | $12029265.34  | 0.89%             | 2029-11-21      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Endurance International Group, Inc.                    | Endurance International Group, Inc., First Lien, Term Loan, B                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4849614 | PA      | $3517498.07   | 0.26%             | 2028-02-10      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| Signia Aerospace LLC                                   | Signia Aerospace LLC, First Lien, Initial Term Loan                                          | CUSIP: 82670NAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    414346 | PA      | $416935.82    | 0.03%             | 2031-12-11      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Brewco Borrower LLC                                    | BrewCo Borrower LLC, First Lien, Second-Out Exchanged Term Loan                              | CUSIP: 10756PAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1071259 | PA      | $4686.76      | 0.00%             | 2028-04-05      | Variable      | 9.52%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                         | Carnival Corp., First Lien, 2025 Repricing Advance Term Loan                                 | CUSIP: P2121YAY4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3564317 | PA      | $3571552.35   | 0.27%             | 2028-10-18      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Azalea Topco, Inc.                                     | Azalea Topco, Inc., First Lien, Initial Term Loan                                            | CUSIP: 05477JAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1159446 | PA      | $1162947.86   | 0.09%             | 2031-04-30      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| SPX FLOW, Inc.                                         | SPX FLOW, Inc., First Lien, Term Loan, B                                                     | CUSIP: 78470DAV0<br>LEI: 5493003YXEKRBINIEM78 | Long             | LON              | CORP              | US        |   5883566 | PA      | $5911100.88   | 0.44%             | 2029-04-05      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Oceankey US II Corp.                                   | Oceankey US II Corp., First Lien, Initial Term Loan                                          | CUSIP: 67526KAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5538280 | PA      | $5556279.40   | 0.41%             | 2028-12-15      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| Matador Bidco SARL                                     | Matador Bidco SARL, First Lien, 2024 Specified Refinancing Term Loan                         | CUSIP: L6257MAC9<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   5423774 | PA      | $5457672.52   | 0.41%             | 2029-07-16      | Variable      | 8.68%                 | No            |                  2 | On Loan: No      |
| COTIVITI, INC.                                         | Cotiviti, Inc., First Lien, Amendment No. 2 Term Loan                                        | CUSIP: 22164MAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $996460.00    | 0.07%             | 2032-03-26      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                    | Peer Holding III BV, First Lien, Term Loan, B5B                                              | CUSIP: N6872NAN6<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |   4962562 | PA      | $4995439.48   | 0.37%             | 2031-07-01      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Betony CLO 2 Ltd.                                      | Betony CLO 2 Ltd., Series 2018-1A, Class D                                                   | CUSIP: 08763RAC4<br>LEI: 5493000QRX4XEMRJZO43 | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3687502.50   | 0.27%             | 2031-04-30      | Floating      | 10.19%                | Yes           |                  2 | On Loan: No      |
| Ontario Gaming GTA LP                                  | Ontario Gaming GTA LP, First Lien, Term Loan, B                                              | CUSIP: C6907UAB7<br>LEI: 894500EC9KLZLOC3V025 | Long             | LON              | CORP              | CA        |   3564936 | PA      | $3535418.23   | 0.26%             | 2030-08-01      | Variable      | 8.55%                 | No            |                  2 | On Loan: No      |
| Bowling Green Park CLO LLC                             | Bowling Green Park CLO LLC, Series 2019-1A, Class ERR                                        | CUSIP: 102875AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3825000 | PA      | $3670577.10   | 0.27%             | 2035-04-18      | Floating      | 8.09%                 | Yes           |                  2 | On Loan: No      |
| Scientific Games Holdings LP                           | Scientific Games Holdings LP, First Lien, 2024 Refinancing Dollar Term Loan                  | CUSIP: 80875CAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2461206 | PA      | $2461931.61   | 0.18%             | 2029-04-04      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                             | Cloud Software Group, Inc.                                                                   | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2230529.11   | 0.17%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Examworks Bidco, Inc.                                  | Examworks Bidco, Inc., First Lien, Term Loan                                                 | CUSIP: 28542CAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1571062 | PA      | $1576844.01   | 0.12%             | 2028-11-01      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Adient US LLC                                          | Adient US LLC, First Lien, Term Loan, B2                                                     | CUSIP: 00687MAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8620830 | PA      | $8651175.50   | 0.64%             | 2031-01-31      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                    | Bausch + Lomb Corp., First Lien, Term Loan, B                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   4959712 | PA      | $4975236.18   | 0.37%             | 2030-12-17      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                          | Smyrna Ready Mix Concrete LLC                                                                | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2937835.12   | 0.22%             | 2031-11-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| WireCo WorldGroup Inc.                                 | WireCo WorldGroup, Inc., First Lien, Term Loan, B                                            | CUSIP: 97654QAK3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    547222 | PA      | $521229.17    | 0.04%             | 2028-11-13      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC                   | Prime Security Services Borrower LLC, First Lien, 2024-1 Refinancing Term Loan, B1           | CUSIP: 03765VAP5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7708153 | PA      | $7720678.84   | 0.57%             | 2030-10-15      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| PointClickCare Technologies, Inc.                      | PointClickCare Technologies, Inc., First Lien, 2014-1 Term Loan                              | CUSIP: C7365BAF3<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1119375 | PA      | $1125677.08   | 0.08%             | 2031-11-03      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding LIX Ltd.                          | Madison Park Funding LIX Ltd., Series 2021-59A, Class ER                                     | CUSIP: 55822FAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500097.50   | 0.11%             | 2037-04-18      | Floating      | 10.67%                | Yes           |                  2 | On Loan: No      |
| CoreLogic, Inc.                                        | CoreLogic, Inc.                                                                              | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |    600000 | PA      | $572851.38    | 0.04%             | 2028-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Mariner Wealth Advisors LLC                            | Mariner Wealth Advisors LLC, First Lien, Initial Term Loan                                   | CUSIP: 56846TAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4806943 | PA      | $4824968.59   | 0.36%             | 2028-08-18      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Spin Holdco, Inc.                                      | Spin Holdco, Inc., First Lien, Initial Term Loan                                             | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |   4268804 | PA      | $3761883.51   | 0.28%             | 2028-03-06      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| Sazerac Company, Inc.                                  | Sazerac Co., Inc., First Lien, Term Loan, B                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2250000 | PA      | $2252812.50   | 0.17%             | 2032-06-24      | Variable      | 7.09%                 | No            |                  2 | On Loan: No      |
| HP PHRG Borrower LLC                                   | HP PHRG Borrower LLC, First Lien, Closing Date Term Loan                                     | CUSIP: 40445XAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2150000 | PA      | $2144625.00   | 0.16%             | 2032-02-20      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Park Intermediate Holdings LLC                         | Park Intermediate Holdings LLC                                                               | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2298516.50   | 0.17%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GSM Holdings, Inc.                                     | GSM Holdings, Inc., First Lien, Initial Term Loan                                            | CUSIP: 36270UAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2830615 | PA      | $2744521.82   | 0.20%             | 2031-09-29      | Variable      | 9.30%                 | No            |                  2 | On Loan: No      |
| SunSource Borrower LLC                                 | SunSource Borrower LLC, First Lien, First Refinancing Term Loan                              | CUSIP: 12508KAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3568790 | PA      | $3520165.16   | 0.26%             | 2031-03-25      | Variable      | 8.43%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners, Inc.                             | Broadstreet Partners, Inc., First Lien, 2024 Term Loan, B                                    | CUSIP: 11132VAY5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5001907 | PA      | $5013536.36   | 0.37%             | 2031-06-16      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Ballyrock CLO 15 Ltd.                                  | Ballyrock CLO 15 Ltd., Series 2021-1A, Class ER                                              | CUSIP: 05875UAE4<br>LEI: 254900DRHPTI08KKW784 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3435019.00   | 0.26%             | 2038-01-15      | Floating      | 9.51%                 | Yes           |                  2 | On Loan: No      |
| Dragon Buyer, Inc.                                     | Dragon Buyer, Inc., First Lien, Term Loan                                                    | CUSIP: 26143FAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    498750 | PA      | $500308.59    | 0.04%             | 2031-09-30      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                        | Madison IAQ LLC, First Lien, Initial Term Loan                                               | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |  10683535 | PA      | $10703566.49  | 0.79%             | 2028-06-21      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| Post CLO Ltd.                                          | Post CLO Ltd., Series 2018-1A, Class ER                                                      | CUSIP: 73742VAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2048542.00   | 0.15%             | 2037-10-16      | Floating      | 11.94%                | Yes           |                  2 | On Loan: No      |
| CPI Holdco B LLC                                       | CPI Holdco B LLC, First Lien, Initial Term Loan                                              | CUSIP: 1261MAAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1662438 | PA      | $1659528.23   | 0.12%             | 2031-05-19      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Park River Holdings, Inc.                              | Park River Holdings, Inc., First Lien, Initial Term Loan                                     | CUSIP: 70082HAC0<br>LEI: 254900PGY077KWCROT75 | Long             | LON              | CORP              | US        |   5450845 | PA      | $5321360.59   | 0.40%             | 2027-12-28      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| Somnigroup International, Inc.                         | Somnigroup International, Inc., First Lien, Term Loan, B                                     | CUSIP: 88025BAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2805000 | PA      | $2814354.68   | 0.21%             | 2031-10-24      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| JFL-Tiger Acquisition Co.                              | JFL-Tiger Acquisition Co., Inc., First Lien, Initial Term Loan                               | CUSIP: 465966AB5<br>LEI: 254900KPFL42CYD2VY03 | Long             | LON              | CORP              | US        |   2571466 | PA      | $2584863.48   | 0.19%             | 2030-10-17      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Seaworld Parks & Entertainment, Inc.                   | SeaWorld Parks & Entertainment, Inc., First Lien, Term Loan, B3                              | CUSIP: 78488CAL4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6801332 | PA      | $6805582.82   | 0.51%             | 2031-12-04      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Cogentrix Finance Holdco I, LLC                        | Cogentrix Finance Holdco I LLC, First Lien, Term Loan                                        | CUSIP: 19239LAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2006010.00   | 0.15%             | 2032-02-13      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| LHS Borrower LLC                                       | LHS Borrower LLC, First Lien, Initial Term Loan                                              | CUSIP: 50204EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1183936 | PA      | $1091198.13   | 0.08%             | 2029-02-19      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Mallinckrodt plc                                       | Mallinckrodt plc, First Lien, Second-Out Term Loan                                           | CUSIP: L6232UAV9<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   3473485 | PA      | $3594448.96   | 0.27%             | 2028-11-14      | Variable      | 14.00%                | No            |                  2 | On Loan: No      |
| INEOS Finance plc                                      | INEOS Finance plc                                                                            | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    750000 | PA      | $752491.50    | 0.06%             | 2029-04-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| Lsf12 Crown US Commercial Bidco LLC                    | LSF12 Crown US Commercial Bidco LLC, First Lien, Term Loan                                   | CUSIP: 50221UAC5<br>LEI: 254900FI2OCFTJ9PAJ18 | Long             | LON              | CORP              | US        |   3650000 | PA      | $3673962.25   | 0.27%             | 2031-12-02      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                | Level 3 Financing, Inc.                                                                      | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1722507.98   | 0.13%             | 2029-11-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Engineered Machinery Holdings, Inc.                    | Engineered Machinery Holdings, Inc., First Lien, Incremental US Term Loan                    | CUSIP: 26658NAP4<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   4436166 | PA      | $4468261.37   | 0.33%             | 2028-05-19      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Tidal Waste & Recycling Holdings LLC                   | Tidal Waste & Recycling Holdings LLC, First Lien, Term Loan                                  | CUSIP: 88636PAK7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1147125 | PA      | $1155246.65   | 0.09%             | 2031-10-03      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies, Inc.                             | Waystar Technologies, Inc., First Lien, Initial Term Loan                                    | CUSIP: 63939WAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    558430 | PA      | $561225.32    | 0.04%             | 2029-10-22      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| TruGreen LP                                            | TruGreen LP, First Lien, Term Loan, B                                                        | CUSIP: 89787RAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1205441 | PA      | $1146681.89   | 0.09%             | 2027-11-02      | Variable      | 8.43%                 | No            |                  2 | On Loan: No      |
| IMA Financial Group, Inc.                              | IMA Financial Group, Inc., First Lien, Term Loan                                             | CUSIP: 44966KAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    525000 | PA      | $525548.63    | 0.04%             | 2028-11-01      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                            | Asurion LLC, Second Lien, New Term Loan, B3                                                  | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1767000 | PA      | $1694667.86   | 0.13%             | 2028-01-31      | Variable      | 9.69%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 53B Ltd.                    | Golub Capital Partners CLO 53B Ltd., Series 2021-53A, Class ER                               | CUSIP: 38178CAE9<br>LEI: 254900DPK2EA9C8DGV68 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4949900.00   | 0.37%             | 2034-07-20      | Floating      | 9.01%                 | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc., First Lien, Term Loan, B2                                                  | CUSIP: 78571YBJ8<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    249489 | PA      | $248303.66    | 0.02%             | 2028-06-30      | Variable      | 9.43%                 | No            |                  2 | On Loan: No      |
| EG Finco Ltd.                                          | EG Finco Ltd., First Lien, Term Loan, B                                                      | CUSIP: N2820EAM0<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   3224846 | PA      | $3243550.08   | 0.24%             | 2028-02-07      | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                        | CoreLogic, Inc., First Lien, Initial Term Loan                                               | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   5663550 | PA      | $5613116.43   | 0.42%             | 2028-06-02      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco, Inc.                                    | Mermaid Bidco, Inc., First Lien, USD Term Loan, B                                            | CUSIP: 59012CAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1057973 | PA      | $1060618.24   | 0.08%             | 2031-07-03      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                      | Alliant Holdings Intermediate LLC                                                            | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035165.00   | 0.08%             | 2031-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Dryden 87 CLO Ltd.                                     | Dryden 87 CLO Ltd., Series 2021-87A, Class E                                                 | CUSIP: 26246HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2486912.50   | 0.18%             | 2034-05-20      | Floating      | 10.73%                | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XV Ltd.                    | Benefit Street Partners CLO XV Ltd., Series 2018-15A, Class ER                               | CUSIP: 08179NAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3011148.00   | 0.22%             | 2037-07-15      | Floating      | 10.71%                | Yes           |                  2 | On Loan: No      |
| Great Outdoors Group LLC                               | Great Outdoors Group LLC, First Lien, Term Loan, B                                           | CUSIP: 07014QAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5143447 | PA      | $5144270.21   | 0.38%             | 2032-01-23      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Constant Contact, Inc.                                 | Constant Contact, Inc., First Lien, Initial Term Loan                                        | CUSIP: 21031HAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2473602 | PA      | $2376723.05   | 0.18%             | 2028-02-10      | Variable      | 8.52%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.               | Project Alpha Intermediate Holding, Inc., First Lien, Second Amendment Refinancing Term Loan | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5607292 | PA      | $5640010.68   | 0.42%             | 2030-10-28      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                           | Focus Financial Partners LLC, First Lien, Incremental Term Loan, B                           | CUSIP: 34416DBD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5254919 | PA      | $5249690.14   | 0.39%             | 2031-09-15      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                               | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class    | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   1107752 | NS      | $1107752.50   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Symplr Software, Inc.                                  | Symplr Software, Inc., First Lien, Initial Term Loan                                         | CUSIP: 87190HAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1770665 | PA      | $1618927.71   | 0.12%             | 2027-12-22      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings, Inc.                       | Blackhawk Network Holdings, Inc., First Lien, Term Loan, B2                                  | CUSIP: 09238FAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    995000 | PA      | $1001606.80   | 0.07%             | 2029-03-12      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Brewco Borrower LLC                                    | BrewCo Borrower LLC, First Lien, First- Out New Money Term Loan                              | CUSIP: 10756PAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     23406 | PA      | $6436.57      | 0.00%             | 2028-04-05      | Variable      | 10.51%                | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Topco Corp.                | Mavis Tire Express Services Topco Corp., First Lien, 2025 Incremental Term Loan              | CUSIP: 57777YAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3970050 | PA      | $3973087.09   | 0.30%             | 2028-05-04      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Open Text Corp.                                        | Open Text Corp., First Lien, Term Loan, B                                                    | CUSIP: 68371YAP8<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1447613 | PA      | $1448974.24   | 0.11%             | 2030-01-31      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Celsius Hldgs, Inc.                                    | Celsius Holdings, Inc., First Lien, Initial Term Loan                                        | CUSIP: 15118XAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1700000 | PA      | $1712112.50   | 0.13%             | 2032-04-01      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| EmployBridge Holding Co.                               | EmployBridge Holding Co., First Lien, First Out Term Loan, B                                 | CUSIP: 29216HAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    707449 | PA      | $552694.68    | 0.04%             | 2030-01-21      | Variable      | 9.80%                 | No            |                  2 | On Loan: No      |
| Heritage Grocers Group LLC                             | Heritage Grocers Group LLC, First Lien, Term Loan, B                                         | CUSIP: 14141NAB6<br>LEI: 254900WQ0CLAIQ6DHO57 | Long             | LON              | CORP              | US        |   2768573 | PA      | $2554354.53   | 0.19%             | 2029-08-01      | Variable      | 11.15%                | No            |                  2 | On Loan: No      |
| Hanger, Inc.                                           | Hanger, Inc., First Lien, Initial Term Loan                                                  | CUSIP: 41043BAH1<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |   2192681 | PA      | $2198896.85   | 0.16%             | 2031-10-23      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Hub International Ltd.                                 | HUB International Ltd., First Lien, 2025 Incremental Term Loan                               | CUSIP: 44332EAZ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12381218 | PA      | $12432228.71  | 0.92%             | 2030-06-20      | Variable      | 6.77%                 | No            |                  2 | On Loan: No      |
| Brewco Borrower LLC                                    | BrewCo Borrower LLC, First Lien, First-Out Exchanged Term Loan                               | CUSIP: 10756PAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1067201 | PA      | $293480.31    | 0.02%             | 2028-04-05      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments, LLC                                   | Shift4 Payments LLC, First Lien, Term Loan                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    575000 | PA      | $580301.50    | 0.04%             | 2032-05-07      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Momentive Performance Materials, Inc.                  | Momentive Performance Materials, Inc., First Lien, Initial Term Loan                         | CUSIP: 60877JAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2310046 | PA      | $2321596.27   | 0.17%             | 2028-03-29      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Goat Holdco LLC                                        | Goat Holdco LLC                                                                              | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $406990.00    | 0.03%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Realtruck Group, Inc.                                  | RealTruck Group, Inc., First Lien, Initial Term Loan                                         | CUSIP: 89778PAG2<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |   2906529 | PA      | $2612606.05   | 0.19%             | 2028-01-31      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| ClubCorp Holdings, Inc.                                | ClubCorp Holdings, Inc., First Lien, Term Loan, B2                                           | CUSIP: 18948TAF0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4333658 | PA      | $4344492.52   | 0.32%             | 2026-09-18      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| Arsenal AIC Parent LLC                                 | Arsenal AIC Parent LLC, First Lien, 2025 Refinancing Term Loan, B                            | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6519319 | PA      | $6522579.10   | 0.48%             | 2030-08-19      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| ECI Macola/Max Holding LLC                             | ECI Macola/Max Holding LLC, First Lien, Term Loan, B                                         | CUSIP: 26825UAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8493112 | PA      | $8545344.33   | 0.63%             | 2030-05-09      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Charter Next Generation, Inc.                          | Charter Next Generation, Inc., First Lien, 2024 Replacement Term Loan                        | CUSIP: 16125TAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5150207 | PA      | $5174361.06   | 0.38%             | 2030-11-29      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| WR Grace Holdings LLC                                  | WR Grace Holdings LLC, First Lien, Initial Term Loan                                         | CUSIP: 92943HAB5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | LON              | CORP              | US        |   6897894 | PA      | $6916586.96   | 0.51%             | 2028-09-22      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Quartz AcquireCo LLC                                   | Quartz AcquireCo LLC, First Lien, Term Loan, B2                                              | CUSIP: 74773KAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1428721 | PA      | $1435864.38   | 0.11%             | 2030-06-28      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Cube Industrial Buyer, Inc.                            | Cube Industrial Buyer, Inc., First Lien, Initial Term Loan                                   | CUSIP: 22971EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $754920.00    | 0.06%             | 2031-10-18      | Variable      | 7.52%                 | No            |                  2 | On Loan: No      |
| BCP VI Summit Holdings LP                              | BCP VI Summit Holdings LP, First Lien, Initial Term Loan                                     | CUSIP: 05614GAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2015130.00   | 0.15%             | 2032-01-30      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| WestJet Loyalty LP                                     | WestJet Loyalty LP, First Lien, Initial Term Loan                                            | CUSIP: C9763HAB3<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   5457456 | PA      | $5464959.99   | 0.41%             | 2031-02-14      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Teneo Holdings LLC                                     | Teneo Holdings LLC, First Lien, Initial Term Loan                                            | CUSIP: 88033CAM1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1984925 | PA      | $2006838.19   | 0.15%             | 2031-03-13      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| AmWINS Group, Inc.                                     | AmWINS Group, Inc.                                                                           | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3059583.00   | 0.23%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Paint Intermediate III LLC                             | Paint Intermediate III LLC, First Lien, Initial Term Loan, B                                 | CUSIP: 69575EAL3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    922688 | PA      | $916920.70    | 0.07%             | 2031-10-09      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Lippert Components, Inc.                               | Lippert Components, Inc., First Lien, Term Loan                                              | CUSIP: 53631HAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    847875 | PA      | $851054.53    | 0.06%             | 2032-03-25      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Veritas US, Inc.                                       | Veritas US, Inc., First Lien, Term Loan, B                                                   | CUSIP: 92345SAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1273108 | PA      | $1282019.52   | 0.10%             | 2029-12-10      | Variable      | 12.30%                | No            |                  2 | On Loan: No      |
| Filtration Group Corp.                                 | Filtration Group Corp., First Lien, 2025 Incremental Dollar Term Loan                        | CUSIP: 31732FAV8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3122646 | PA      | $3138228.29   | 0.23%             | 2028-10-23      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                            | Allied Universal Holdco LLC, First Lien, Initial US Dollar Term Loan                         | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   7107731 | PA      | $7149631.41   | 0.53%             | 2028-05-12      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| Crown Equipment Corp.                                  | Crown Equipment Corp., First Lien, Initial Term Loan, B1                                     | CUSIP: 22834HAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1920188 | PA      | $1920590.74   | 0.14%             | 2031-10-10      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                            | Project Boost Purchaser LLC, First Lien, Initial Term Loan                                   | CUSIP: 74339NAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4453622 | PA      | $4466404.39   | 0.33%             | 2031-07-16      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower LLC                  | Cushman & Wakefield US Borrower LLC, First Lien, 2025-1 Term Loan                            | CUSIP: 23340DAV4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2293749 | PA      | $2307602.99   | 0.17%             | 2030-01-31      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Cleanova HoldingLtd.                                   | Cleanova Holding Ltd., First Lien, Initial Term Loan                                         | CUSIP: 18452UAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250000 | PA      | $1228125.00   | 0.09%             | 2032-05-24      | Variable      | 9.07%                 | No            |                  2 | On Loan: No      |
| McAfee Corp.                                           | McAfee Corp., First Lien, Term Loan, B1                                                      | CUSIP: 57906HAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7360154 | PA      | $7163122.90   | 0.53%             | 2029-03-01      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp.                             | Gainwell Acquisition Corp., First Lien, Term Loan, B                                         | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5155402 | PA      | $4978829.94   | 0.37%             | 2027-10-01      | Variable      | 8.40%                 | No            |                  2 | On Loan: No      |
| Ingram Micro, Inc.                                     | Ingram Micro, Inc., First Lien, Term Loan, B2                                                | CUSIP: 45258FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3835125 | PA      | $3857905.60   | 0.29%             | 2031-09-22      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Pacific Dental Services, Inc.                          | Pacific Dental Services, Inc., First Lien, Term Loan                                         | CUSIP: 69417WAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6207296 | PA      | $6220051.57   | 0.46%             | 2031-03-17      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                               | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class    | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  73333907 | NS      | $73333906.56  | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Edelman Financial Engines Center LLC                   | Edelman Financial Engines Center LLC (The), First Lien, Initial Term Loan                    | CUSIP: 27943UAM8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2279649 | PA      | $2284720.84   | 0.17%             | 2028-04-07      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Cotiviti, Inc.                                         | Cotiviti, Inc., First Lien, New Term Loan, B                                                 | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   6851333 | PA      | $6827799.14   | 0.51%             | 2031-05-01      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Rohm Holding GMBH                                      | Rohm Holding GmbH, First Lien, Term Loan                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |   3277450 | PA      | $3166835.69   | 0.24%             | 2029-01-31      | Variable      | 9.74%                 | No            |                  2 | On Loan: No      |
| Hanger, Inc.                                           | Hanger, Inc., First Lien, Delayed Draw Term Loan                                             | CUSIP: 41043BAJ7<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |     42348 | PA      | $42467.97     | 0.00%             | 2031-10-23      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd.                                        | 1261229 BC Ltd., First Lien, Initial Term Loan                                               | CUSIP: C6903HAB0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1975000 | PA      | $1909114.00   | 0.14%             | 2030-10-08      | Variable      | 10.56%                | No            |                  2 | On Loan: No      |
| Natgasoline LLC                                        | Natgasoline LLC, First Lien, 2025 Term Loan                                                  | CUSIP: 63232EAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1217344 | PA      | $1212778.71   | 0.09%             | 2030-03-25      | Variable      | 9.83%                 | No            |                  2 | On Loan: No      |
| Chariot Buyer LLC                                      | Chariot Buyer LLC, First Lien, Initial Term Loan                                             | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   2023509 | PA      | $2029256.25   | 0.15%             | 2028-11-03      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| Alliance Laundry Systems LLC                           | Alliance Laundry Systems LLC, First Lien, Initial Term Loan, B                               | CUSIP: 01862LBA5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2979000 | PA      | $2987937.00   | 0.22%             | 2031-08-19      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Discovery Energy Holding Corp.                         | Discovery Energy Holding Corp., First Lien, Initial Dollar Term Loan                         | CUSIP: 25472PAB6<br>LEI: 254900T31FAYMRQSAA12 | Long             | LON              | CORP              | US        |   3614989 | PA      | $3624604.83   | 0.27%             | 2031-05-01      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| GBT US III LLC                                         | GBT US III LLC, First Lien, Term Loan, B1                                                    | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7887281 | PA      | $7910272.22   | 0.59%             | 2031-07-25      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| A-AP Buyer, Inc.                                       | A-AP Buyer, Inc., First Lien, Initial Term Loan                                              | CUSIP: 00036FAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    671625 | PA      | $672044.77    | 0.05%             | 2031-09-09      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Regatta VI Funding Ltd.                                | Regatta VI Funding Ltd., Series 2016-1A, Class ER2                                           | CUSIP: 75887PAN4<br>LEI: 2549001NU08X5ZRD6A39 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002877.00   | 0.07%             | 2034-04-20      | Floating      | 11.28%                | Yes           |                  2 | On Loan: No      |
| Select Medical Corp.                                   | Select Medical Corp., First Lien, Term Loan, B2                                              | CUSIP: 816194AY0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1815875 | PA      | $1823828.53   | 0.14%             | 2031-12-03      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Indicor LLC                                            | Indicor LLC, First Lien, Dollar Term Loan, D                                                 | CUSIP: 77669LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4437493 | PA      | $4434165.10   | 0.33%             | 2029-11-22      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| MJH Healthcare Holdings LLC                            | MJH Healthcare Holdings LLC, First Lien, 2024 Refinancing Term Loan, B                       | CUSIP: 55315QAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3300062 | PA      | $3313807.26   | 0.25%             | 2029-01-29      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| MIWD Holdco II LLC                                     | MIWD Holdco II LLC, First Lien, 2024 Incremental Term Loan                                   | CUSIP: 55336CAK8<br>LEI: 254900X3SPV5RVFJEY72 | Long             | LON              | CORP              | US        |   1440475 | PA      | $1445386.90   | 0.11%             | 2031-03-28      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                        | Madison IAQ LLC                                                                              | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1263861.82   | 0.09%             | 2028-06-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| GoTo Group, Inc.                                       | GoTo Group, Inc.                                                                             | CUSIP: 38349YAA3<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    950000 | PA      | $781375.00    | 0.06%             | 2028-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Cohesity, Inc.                                         | Cohesity, Inc., Series G                                                                     | CUSIP: N/A<br>LEI: 254900JU2GC36CXYYG09       | Long             | EC               | CORP              | US        |     16507 | NS      | $379661.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 52BR Ltd.                   | Golub Capital Partners CLO 52BR Ltd., Series 2020-52A, Class ER                              | CUSIP: 381946AA0<br>LEI: 254900GLBB9HMWF4NZ09 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4042732.00   | 0.30%             | 2037-04-20      | Floating      | 11.02%                | Yes           |                  2 | On Loan: No      |
| Emerald X, Inc.                                        | Emerald X, Inc., First Lien, Term Loan                                                       | CUSIP: 29088UAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $503595.00    | 0.04%             | 2032-01-30      | Variable      | 8.08%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency LLC                            | Creative Artists Agency LLC, First Lien, Term Loan, B                                        | CUSIP: 22526WAS7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2664685 | PA      | $2675636.96   | 0.20%             | 2031-10-01      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Central Parent, Inc.                                   | Central Parent, Inc.                                                                         | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $163282.04    | 0.01%             | 2029-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                               | Lumen Technologies, Inc., First Lien, Term Loan, B1                                          | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |   3076124 | PA      | $3043455.54   | 0.23%             | 2029-04-16      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| APi Group DE, Inc.                                     | APi Group DE, Inc., First Lien, 2021 Incremental Term Loan                                   | CUSIP: 00186XAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1529122 | PA      | $1531193.68   | 0.11%             | 2029-01-03      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower LLC                               | Boost Newco Borrower LLC, First Lien, Term Loan, B2                                          | CUSIP: 92943EAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12758240 | PA      | $12806083.54  | 0.95%             | 2031-01-31      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Orion Advisor Solutions, Inc.                          | Orion Advisor Solutions, Inc., First Lien, 2024 Refinance Term Loan                          | CUSIP: 68627BAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2133875 | PA      | $2147638.49   | 0.16%             | 2030-09-24      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Carlyle US CLO Ltd.                                    | Carlyle US CLO Ltd., Series 2019-3A, Class DRR                                               | CUSIP: 14314KAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2039032.00   | 0.15%             | 2037-04-20      | Floating      | 11.61%                | Yes           |                  2 | On Loan: No      |
| Battalion CLO XXIX Ltd.                                | Battalion CLO XXIX Ltd., Series 2025-29A, Class E                                            | CUSIP: 07135UAA4<br>LEI: 254900BHK74DPDADPT35 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2010000.00   | 0.15%             | 2038-03-31      | Floating      | 10.63%                | Yes           |                  2 | On Loan: No      |
| Delta Topco, Inc.                                      | Delta Topco, Inc., First Lien, Fourth Amendment Refinancing Term Loan                        | CUSIP: 24780DAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1784399 | PA      | $1773719.29   | 0.13%             | 2029-11-30      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                      | CIFC Funding Ltd., Series 2022-1A, Class E                                                   | CUSIP: 12570BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006661.00   | 0.07%             | 2035-04-17      | Floating      | 10.68%                | Yes           |                  2 | On Loan: No      |
| Invenergy Thermal Operating I LLC                      | Invenergy Thermal Operating I LLC, First Lien, Term Loan, B                                  | CUSIP: 46123UAP3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2109375 | PA      | $2128095.70   | 0.16%             | 2032-05-06      | Variable      | 7.91%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                             | Fertitta Entertainment LLC, First Lien, Initial Term Loan, B                                 | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5522555 | PA      | $5522776.21   | 0.41%             | 2029-01-29      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                        | TransDigm, Inc., First Lien, Term Loan, 1                                                    | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   2969925 | PA      | $2983764.66   | 0.22%             | 2028-08-24      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                         | Olympus Water US Holding Corp.                                                               | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3479124.00   | 0.26%             | 2028-11-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Ensemble RCM LLC                                       | Ensemble RCM LLC, First Lien, Term Loan, B                                                   | CUSIP: 29359BAE1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7779098 | PA      | $7818226.49   | 0.58%             | 2029-08-01      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| Crown Point CLO 10 Ltd.                                | Crown Point CLO 10 Ltd., Series 2021-10A, Class E                                            | CUSIP: 22846GAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2959248.00   | 0.22%             | 2034-07-20      | Floating      | 11.38%                | Yes           |                  2 | On Loan: No      |
| Marcel Bidco LLC                                       | Marcel Bidco LLC, First Lien, Term Loan, B7                                                  | CUSIP: L6257FAM2<br>LEI: 254900A6AL2000BPNS82 | Long             | LON              | CORP              | US        |   2715728 | PA      | $2734412.25   | 0.20%             | 2030-11-12      | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty Group LLC                               | Ryan Specialty Group LLC, First Lien, Term Loan, B1                                          | CUSIP: 78350UAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2189000 | PA      | $2191736.25   | 0.16%             | 2031-09-15      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield US Borrower LLC                    | Cushman & Wakefield US Borrower LLC                                                          | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1160540.90   | 0.09%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                            | Project Boost Purchaser LLC, Second Lien, Initial Term Loan                                  | CUSIP: 74339NAK2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    525000 | PA      | $530467.88    | 0.04%             | 2032-07-02      | Variable      | 9.55%                 | No            |                  2 | On Loan: No      |
| Northstar Group Services, Inc.                         | Northstar Group Services, Inc., First Lien, Term Loan, B                                     | CUSIP: 66707RAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4253951 | PA      | $4284983.95   | 0.32%             | 2030-05-31      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| J&J Ventures Gaming LLC                                | J&J Ventures Gaming LLC, First Lien, 2025 Term Loan                                          | CUSIP: 46604BAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    448875 | PA      | $444404.21    | 0.03%             | 2030-04-26      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings, Inc.                                  | WEC US Holdings, Inc., First Lien, Initial Term Loan                                         | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |   5450691 | PA      | $5458185.81   | 0.41%             | 2031-01-27      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Tempo Acquisition LLC                                  | Tempo Acquisition LLC, First Lien, Seventh Incremental Term Loan                             | CUSIP: 88023HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7520440 | PA      | $7498141.92   | 0.56%             | 2028-08-31      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc.                                         | RealPage, Inc., First Lien, 2024-1 Incremental Term Loan                                     | CUSIP: 75605VAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1850000 | PA      | $1855263.25   | 0.14%             | 2028-04-24      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Phoenix Newco, Inc.                                    | Phoenix Newco, Inc., First Lien, Sixth Amendment Term Loan                                   | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |   2189108 | PA      | $2192183.38   | 0.16%             | 2028-11-15      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| LS Group Opco Acquisition LLC                          | LS Group OpCo Acquistion LLC, First Lien, Term Loan, B                                       | CUSIP: 50220KAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3544425 | PA      | $3545541.71   | 0.26%             | 2031-04-23      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc.                                                                             | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   2165000 | PA      | $2232755.95   | 0.17%             | 2029-11-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| APPLE BIDCO LLC                                        | Apple Bidco LLC, First Lien, Term Loan                                                       | CUSIP: 48254EAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7002757 | PA      | $6998380.37   | 0.52%             | 2031-09-23      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Synechron, Inc.                                        | Synechron, Inc., First Lien, Initial Term Loan                                               | CUSIP: 87168HAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1546125 | PA      | $1507471.88   | 0.11%             | 2031-10-03      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Foundever Worldwide Corp.                              | Foundever Worldwide Corp., First Lien, Initial Dollar Term Loan                              | CUSIP: 82981MAC6<br>LEI: 5493007DS8CM3ZGION43 | Long             | LON              | CORP              | US        |   1383579 | PA      | $765797.20    | 0.06%             | 2028-08-28      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| Kaman Corp.                                            | Kaman Corp., First Lien, Initial Term Loan                                                   | CUSIP: 48354VAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2284483 | PA      | $2284665.52   | 0.17%             | 2032-02-26      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Starlight Parent LLC                                   | Starlight Parent LLC, First Lien, Initial Term Loan                                          | CUSIP: 85554UAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4750000 | PA      | $4655997.50   | 0.35%             | 2032-04-16      | Variable      | 8.26%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition LLC                             | Camelot US Acquisition LLC, First Lien, Incremental Term Loan. B                             | CUSIP: L2000AAF7<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |   8869842 | PA      | $8789481.09   | 0.65%             | 2031-01-31      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Jamestown CLO XV Ltd.                                  | Jamestown CLO XV Ltd., Series 2020-15A, Class ER                                             | CUSIP: 47050VAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1976706.00   | 0.15%             | 2035-07-15      | Floating      | 11.32%                | Yes           |                  2 | On Loan: No      |
| Sixth Street CLO XIV Ltd.                              | Sixth Street CLO XIV Ltd., Series 2019-14A, Class ER2                                        | CUSIP: 83013RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3458325.50   | 0.26%             | 2038-01-20      | Floating      | 8.97%                 | Yes           |                  2 | On Loan: No      |
| Hertz Corp.                                            | Hertz Corp. (The), First Lien, Initial Term Loan, B                                          | CUSIP: 42804VBB6<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |   2969341 | PA      | $2476356.36   | 0.18%             | 2028-06-30      | Variable      | 8.04%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                        | ABG Intermediate Holdings 2 LLC, First Lien, Term Loan, B1                                   | CUSIP: 00076VBL3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5023816 | PA      | $5027332.77   | 0.37%             | 2028-12-21      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Autokiniton US Holdings, Inc.                          | Autokiniton US Holdings, Inc., First Lien, Term Loan, B                                      | CUSIP: 05278HAC0<br>LEI: 254900EHNKMJ1OSEZL85 | Long             | LON              | CORP              | US        |   1917508 | PA      | $1855793.22   | 0.14%             | 2028-04-06      | Variable      | 8.44%                 | No            |                  2 | On Loan: No      |
| OCP Aegis CLO Ltd.                                     | OCP Aegis CLO Ltd., Series 2023-29A, Class ER                                                | CUSIP: 67118EAG2<br>LEI: 2138009EGVOGD3J5GI42 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $2957361.00   | 0.22%             | 2036-01-20      | Floating      | 9.27%                 | Yes           |                  2 | On Loan: No      |
| Central Parent LLC                                     | Central Parent LLC, First Lien, 2024 Refinancing Term Loan                                   | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4538188 | PA      | $3800958.96   | 0.28%             | 2029-07-06      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Journey Personal Care Corp.                            | Journey Personal Care Corp., First Lien, Term Loan, B                                        | CUSIP: 48114NAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5346003 | PA      | $5354904.22   | 0.40%             | 2028-03-01      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Imprivata, Inc.                                        | Imprivata, Inc., First Lien, 2024 Refinancing Term Commitment Term Loan                      | CUSIP: 45323KAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3746579 | PA      | $3768177.86   | 0.28%             | 2027-12-01      | Variable      | 7.78%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services, Inc.                        | Concentra Health Services, Inc., First Lien, Term Loan, B1                                   | CUSIP: 20602RAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5497410 | PA      | $5524896.58   | 0.41%             | 2031-07-28      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Azuria Water Solutions, Inc.                           | Azuria Water Solutions, Inc., First Lien, 2025 Replacement Term Loan                         | CUSIP: 00771PAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    976443 | PA      | $981324.94    | 0.07%             | 2028-05-17      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Endeavor Operating Co. LLC                             | Endeavor Operating Co. LLC, First Lien, Term Loan, B                                         | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8500000 | PA      | $8521250.00   | 0.63%             | 2032-03-24      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Ares LXXVII CLO Ltd.                                   | Ares LXXVII CLO Ltd., Series 2025-77A, Class E                                               | CUSIP: 03990LAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2010000.00   | 0.15%             | 2038-07-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.              | Sedgwick Claims Management Services, Inc., First Lien, 2024 Term Loan                        | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |   9450439 | PA      | $9495092.35   | 0.71%             | 2031-07-31      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                            | Grant Thornton Advisors LLC, First Lien, 2025 Incremental Delayed Draw Commitment Term Loan  | CUSIP: 38821UAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    176315 | PA      | $176381.21    | 0.01%             | 2031-06-02      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corp.                                  | Epicor Software Corp., First Lien, Term Loan, E                                              | CUSIP: 29426NAZ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12061695 | PA      | $12105961.25  | 0.90%             | 2031-05-30      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                     | Ryan Specialty LLC                                                                           | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2017012.00   | 0.15%             | 2032-08-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Champ Acquisition Corp.                                | Champ Acquisition Corp.                                                                      | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $772217.08    | 0.06%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Apro LLC                                               | Apro LLC, First Lien, Initial Term Loan                                                      | CUSIP: 03834XAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2332375 | PA      | $2329459.53   | 0.17%             | 2031-07-09      | Variable      | 8.06%                 | No            |                  2 | On Loan: No      |
| National Mentor Holdings, Inc.                         | National Mentor Holdings, Inc., First Lien, Initial Term Loan, C                             | CUSIP: 63689EAT2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    120215 | PA      | $116458.66    | 0.01%             | 2028-03-02      | Variable      | 8.15%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd.                                        | 1261229 BC Ltd.                                                                              | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1312336.96   | 0.10%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| WEX, Inc.                                              | WEX, Inc., First Lien, Term Loan, B3                                                         | CUSIP: 96208UAX9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1895250 | PA      | $1893771.71   | 0.14%             | 2032-03-05      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Clover Holdings SPV III LLC                            | Clover Holdings SPV III LLC, First Lien, Margin Term Loan                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    453497 | PA      | $452930.34    | 0.03%             | 2027-12-09      | Variable      | 15.00%                | No            |                  2 | On Loan: No      |
| Asurion LLC                                            | Asurion LLC, Second Lien, New Term Loan, B4                                                  | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   3200000 | PA      | $2977248.00   | 0.22%             | 2029-01-19      | Variable      | 9.69%                 | No            |                  2 | On Loan: No      |
| Minimax Viking GmbH                                    | Minimax Viking GmbH, First Lien, Senior USD Term Loan, B                                     | CUSIP: 55404TAF9<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |   1350000 | PA      | $1357593.75   | 0.10%             | 2032-02-20      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| First Advantage Holdings LLC                           | First Advantage Holdings LLC, First Lien, Term Loan, B2                                      | CUSIP: 78477MAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4829346 | PA      | $4837652.16   | 0.36%             | 2031-10-31      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Windsor Holdings III LLC                               | Windsor Holdings III LLC, First Lien, 2025 Refinancing Term Loan, B                          | CUSIP: 97360BAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2678791 | PA      | $2682581.73   | 0.20%             | 2030-08-01      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XXIII Ltd.                            | Marble Point CLO XXIII Ltd., Series 2021-4A, Class E                                         | CUSIP: 566068AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1255360.00   | 0.09%             | 2035-01-22      | Floating      | 11.82%                | Yes           |                  2 | On Loan: No      |
| Altium Packaging LLC                                   | Altium Packaging LLC, First Lien, 2024 Refinancing Term Loan                                 | CUSIP: 20902CAX8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    668250 | PA      | $667137.36    | 0.05%             | 2031-06-11      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                    | Ascend Learning LLC, First Lien, Initial Term Loan                                           | CUSIP: 04349HAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5618611 | PA      | $5624145.01   | 0.42%             | 2028-12-11      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Deerfield Dakota Holding LLC                           | Deerfield Dakota Holding LLC, First Lien, Initial Dollar Term Loan                           | CUSIP: 24440EAB3<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |   1994751 | PA      | $1942946.98   | 0.14%             | 2027-04-09      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| OID-OL Intermediate I LLC                              | OID-OL Intermediate I LLC, First Lien, Initial First Out Term Loan                           | CUSIP: 67089SAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    487652 | PA      | $503298.54    | 0.04%             | 2029-02-01      | Variable      | 10.33%                | No            |                  2 | On Loan: No      |
| Boxer Parent Co., Inc.                                 | Boxer Parent Co., Inc., First Lien, 2031 Replacement Dollar Term Loan                        | CUSIP: 05988HAQ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7755304 | PA      | $7716023.12   | 0.57%             | 2031-07-30      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                | Quikrete Holdings, Inc., First Lien, Term Loan, B1                                           | CUSIP: 74839XAM1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8902763 | PA      | $8897198.27   | 0.66%             | 2031-04-14      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO XI Ltd.                                    | Elmwood CLO XI Ltd., Series 2021-4A, Class ER                                                | CUSIP: 29002MAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2469475.00   | 0.18%             | 2038-01-20      | Floating      | 8.99%                 | Yes           |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                  | Clydesdale Acquisition Holdings, Inc., First Lien, Term Loan, B                              | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   6448965 | PA      | $6443483.56   | 0.48%             | 2029-04-13      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                               | Bryant Park Funding Ltd., Series 2023-19A, Class ER                                          | CUSIP: 11765BAE7<br>LEI: 5493004CTFWJSWYD8564 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4869000.00   | 0.36%             | 2038-04-15      | Floating      | 9.29%                 | Yes           |                  2 | On Loan: No      |
| Nomad Foods US LLC                                     | Nomad Foods US LLC, First Lien, 2023 USD Term Loan, B4                                       | CUSIP: G6562AAP2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7415000 | PA      | $7426011.28   | 0.55%             | 2029-11-13      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd.                                | Canyon Capital CLO Ltd., Series 2019-1A, Class ERR                                           | CUSIP: 13887UAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2984946.00   | 0.22%             | 2037-07-15      | Floating      | 11.76%                | Yes           |                  2 | On Loan: No      |
| Soliant Lower Intermediate LLC                         | Soliant Lower Intermediate LLC, First Lien, Initial Term Loan                                | CUSIP: 83421EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1939442 | PA      | $1928532.98   | 0.14%             | 2031-07-18      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings, Inc.                                | Ellucian Holdings, Inc., First Lien, Term Loan, B1                                           | CUSIP: 28917XAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9888979 | PA      | $9924529.92   | 0.74%             | 2029-10-09      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Recess Holdings, Inc.                                  | Recess Holdings, Inc., First Lien, Amendment No. 5 Term Loan                                 | CUSIP: 72811HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4185993 | PA      | $4201711.22   | 0.31%             | 2030-02-21      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| CPM Holdings, Inc.                                     | CPM Holdings, Inc., First Lien, Initial Term Loan                                            | CUSIP: 12620BAR1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2953747 | PA      | $2897212.40   | 0.22%             | 2028-09-28      | Variable      | 8.82%                 | No            |                  2 | On Loan: No      |
| Novelis, Inc.                                          | Novelis, Inc., First Lien, Initial Term Loan                                                 | CUSIP: 67000LAB8<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   2169562 | PA      | $2174986.41   | 0.16%             | 2032-03-11      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                 | Playtika Holding Corp., First Lien, Term Loan, B1                                            | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |   7886770 | PA      | $7772096.43   | 0.58%             | 2028-03-13      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| Citrin Cooperman Advisors LLC                          | Citrin Cooperman Advisors LLC, First Lien, Initial Term Loan                                 | CUSIP: 17737EAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2865152 | PA      | $2867529.60   | 0.21%             | 2032-04-01      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc., First Lien, 2024 Term Loan, B1                                             | CUSIP: 78571YBK5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2238059 | PA      | $2238059.45   | 0.17%             | 2029-11-15      | Variable      | 10.43%                | No            |                  2 | On Loan: No      |
| Barings CLO Ltd.                                       | Barings CLO Ltd., Series 2024-3A, Class E                                                    | CUSIP: 067940AA4<br>LEI: 254900XKSMU0WUDSV074 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3048087.00   | 0.23%             | 2037-07-20      | Floating      | 10.17%                | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                       | Sabre GLBL, Inc., First Lien, Term Loan, B                                                   | CUSIP: 78571YBH2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    151205 | PA      | $149579.83    | 0.01%             | 2028-06-30      | Variable      | 8.68%                 | No            |                  2 | On Loan: No      |
| Dynamo US Bidco, Inc.                                  | Dynamo US Bidco, Inc., First Lien, USD Term Loan, B                                          | CUSIP: 26806DAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3968120 | PA      | $3985500.20   | 0.30%             | 2031-10-01      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| Vision Solutions, Inc.                                 | Vision Solutions, Inc., First Lien, New Term Loan, B                                         | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5927324 | PA      | $5642812.22   | 0.42%             | 2028-04-24      | Variable      | 8.54%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                | Quikrete Holdings, Inc., First Lien, Term Loan, B3                                           | CUSIP: 74839XAL3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3765562 | PA      | $3765091.80   | 0.28%             | 2032-02-10      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| MED ParentCo LP                                        | MED ParentCo LP, First Lien, Ninth Amendment Refinancing Term Loan                           | CUSIP: 58401DAM6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2977500 | PA      | $2992923.45   | 0.22%             | 2031-04-15      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                           | Acrisure LLC, First Lien, Term Loan, B6                                                      | CUSIP: 00488PAV7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3975006 | PA      | $3970335.58   | 0.29%             | 2030-11-06      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Conair Holdings LLC                                    | Conair Holdings LLC, First Lien, Term Loan, B                                                | CUSIP: 20600RAB8<br>LEI: 549300804G00T34FLV17 | Long             | LON              | CORP              | US        |   2266221 | PA      | $1677003.34   | 0.12%             | 2028-05-17      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| National Mentor Holdings, Inc.                         | National Mentor Holdings, Inc., First Lien, Initial Term Loan                                | CUSIP: 63689EAR6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4820463 | PA      | $4669823.24   | 0.35%             | 2028-03-02      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Alera Group, Inc.                                      | Alera Group, Inc., First Lien, Initial Term Loan                                             | CUSIP: 01451PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4700000 | PA      | $4719387.50   | 0.35%             | 2032-05-31      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                            | Asurion LLC, First Lien, New Term Loan, B11                                                  | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   3887593 | PA      | $3851827.44   | 0.29%             | 2028-08-21      | Variable      | 8.68%                 | No            |                  2 | On Loan: No      |
| AI Aqua Merger Sub, Inc.                               | AI Aqua Merger Sub, Inc., First Lien, 2025 Refinancing Term Loan, B                          | CUSIP: 00132UAP9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3882512 | PA      | $3881385.84   | 0.29%             | 2028-07-31      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Vibrantz Technologies, Inc.                            | Vibrantz Technologies, Inc., First Lien, Initial Term Loan                                   | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |   3064252 | PA      | $2683978.64   | 0.20%             | 2029-04-23      | Variable      | 8.64%                 | No            |                  2 | On Loan: No      |
| AIT Worldwide Logistics Holdings, Inc.                 | AIT Worldwide Logistics Holdings, Inc., First Lien, Term Loan, B                             | CUSIP: 00145AAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2164125 | PA      | $2172510.98   | 0.16%             | 2030-04-08      | Variable      | 8.26%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                | American Airlines, Inc.                                                                      | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3499116.95   | 0.26%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp.                                         | Carnival Corp., First Lien, 2025 Repricing Advance Term Loan                                 | CUSIP: P2121YAX6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | US        |    250692 | PA      | $251318.43    | 0.02%             | 2027-08-09      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions, Inc.                      | Standard Building Solutions, Inc., First Lien, Initial Term Loan                             | CUSIP: 85350EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    165457 | PA      | $166043.19    | 0.01%             | 2028-09-22      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Kodiak Building Partners, Inc.                         | Kodiak Building Partners, Inc., First Lien, Term Loan, B                                     | CUSIP: 50011JAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1339518 | PA      | $1293190.59   | 0.10%             | 2031-12-04      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Orbit Private Holdings ILtd.                           | Orbit Private Holdings I Ltd., First Lien, 2024 Refinancing Term Loan                        | CUSIP: 04225VAH5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    475000 | PA      | $478087.50    | 0.04%             | 2028-12-11      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Horizon US Finco LP                                    | Horizon US Finco LP, First Lien, Term Loan, B                                                | CUSIP: 44057XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3575718 | PA      | $3519096.93   | 0.26%             | 2031-10-31      | Variable      | 9.03%                 | No            |                  2 | On Loan: No      |
| Chrysaor Bidco SARL                                    | Chrysaor Bidco SARL, First Lien, USD Term Loan, B                                            | CUSIP: L1588MAD8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   2779464 | PA      | $2801463.02   | 0.21%             | 2031-10-30      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| UKG, Inc.                                              | UKG, Inc., First Lien, Initial Term Loan                                                     | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |  14164481 | PA      | $14233957.89  | 1.06%             | 2031-02-10      | Variable      | 7.31%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                          | Truist Insurance Holdings LLC, First Lien, Term Loan, B                                      | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1608871 | PA      | $1611549.74   | 0.12%             | 2031-05-06      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                         | NCL Corp. Ltd.                                                                               | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   4300000 | PA      | $4320909.48   | 0.32%             | 2027-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating LLC                   | Charter Communications Operating LLC, First Lien, Term Loan, B5                              | CUSIP: 16117LCE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7099350 | PA      | $7118447.19   | 0.53%             | 2031-12-15      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Speedster Bidco GmbH                                   | Speedster Bidco GmbH, First Lien, Term Loan, B                                               | CUSIP: D8000HAB7<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |   4014938 | PA      | $4043804.90   | 0.30%             | 2031-11-13      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                     | Voyager Parent LLC, First Lien, Term Loan, B                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2500000 | PA      | $2477775.00   | 0.18%             | 2032-05-10      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Services, Inc.                       | GFL Environmental Services, Inc., First Lien, Initial Term Loan                              | CUSIP: 36257SAB8<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   3300000 | PA      | $3306187.50   | 0.25%             | 2032-03-03      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Morgan Stanley ETF Trust

**Signature:** Francis J. Smith

**Name of Signer:** Francis J. Smith

**Title:** Principal Financial Officer