# EDGAR Filing Document

**Accession Number:** 0001486298
**File Stem:** 0001049169-25-000900
**Filing Date:** 2025-11
**Character Count:** 236333
**Document Hash:** e5ef8d085e0280c28e077b5487b01873
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-25-000900.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001049169-25-000900

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blackstone Senior Floating Rate 2027 Term Fund
- **CENTRAL INDEX KEY:** 0001486298

**ORGANIZATION NAME:**
- **EIN:** 272267165

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22393
- **FILM NUMBER:** 251531061

**BUSINESS ADDRESS:**
- **STREET 1:** C/O GSO CAPITAL PARTNERS LP
- **STREET 2:** 345 PARK AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10154
- **BUSINESS PHONE:** 212-503-2100

**MAIL ADDRESS:**
- **STREET 1:** C/O GSO CAPITAL PARTNERS LP
- **STREET 2:** 345 PARK AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10154

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Blackstone Senior Floating Rate Term Fund
- **DATE OF NAME CHANGE:** 20201210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Blackstone / GSO Senior Floating Rate Term Fund
- **DATE OF NAME CHANGE:** 20100304

## Nport-Ex

**Blackstone Senior Floating Rate 2027 Term Fund**

**Portfolio of Investments**

September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| FLOATING RATE LOAN INTERESTS<sup>(a)</sup> - 135.31% |  |  |
| **Aerospace & Defense - 3.61%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ATLAS CC ACQUISITION CORP, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 4.25%, 05/01/2029 | $1310683 | $760609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 5.12%, 05/29/2029 | 188142 | 109182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kaman 1/25 Cov-Lite TLB, First Lien Term Loan, 6M CME TERM + 3.00%, 02/26/2032 | 669274 | 667899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KARMAN HLDGS LLC, First Lien Term Loan, 3M SOFR + 3.50%, 04/01/2032<sup>(b)</sup> | 666968 | 671137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novaria Holdings, LLC, First Lien Term Loan, 1M SOFR + 3.25%, 06/06/2031 | 784177 | 786302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peraton Corp., First Lien B Term Loan, 1M SOFR + 3.75%, 0.75% Floor, 02/01/2028 | 1775696 | 1502132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signia Aerospace LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 7.30%, 12/11/2031 | 466519 | 467976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.75%, 12/11/2031 | 29304 | 29396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transdigm Inc, First Lien Term Loan, 3M SOFR + 2.50%, 08/13/2032 | 535659 | 535685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.50%, 02/28/2031 | 501599 | 501918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.50%, 01/19/2032 | 731893 | 732361 |
|  |  | 6764597 |
| **Air Freight & Logistics - 0.85%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIT Worldwide Logistics Holdings, Inc., First Lien Term Loan, 3M SOFR + 4.00%, 0.75% Floor, 04/08/2030 | 418508 | 420036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jetblue 8/24 TLB 1L, First Lien Term Loan, 3M SOFR + 4.75%, 08/27/2029 | 490500 | 471984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savage Enterprises LLC, First Lien Term Loan, 1M SOFR + 2.50%, 08/05/2032 | 300764 | 301382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STONEPEAK NILE PARENT LLC, First Lien Term Loan, 3M SOFR + 2.75%, 04/09/2032 | 407665 | 408021 |
|  |  | 1601423 |
| **Airlines - 0.23%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AS Mileage Plan IP Ltd, First Lien Term Loan, 3M SOFR + 5.63%, 10/15/2031 | 422891 | 424653 |
| **Auto Components - 0.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belron Finance 2019 LLC, First Lien Term Loan, 3M SOFR + 2.50%, 10/16/2031 | 662250 | 666393 |
| **Automobile Components - 1.27%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LTI Holdings, Inc., First Lien Term Loan, 1M SOFR + 4.25%, 07/29/2029 | 1343891 | 1357572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenneco, Inc., First Lien Term Loan, 3M SOFR + 5.00%, 0.50% Floor, 11/17/2028 | 1049624 | 1030353 |
|  |  | 2387925 |
| **Beverages - 0.30%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SAZERAC CO INC, First Lien Term Loan, 1M SOFR + 2.50%, 12/31/2035 | 553344 | 557342 |
| **Broadline Retail - 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Hldg III BV, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.50%, 10/28/2030 | 182920 | 183364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.25%, 07/01/2031 | 536909 | 538141 |
|  |  | 721505 |
| **Building Products - 1.60%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LBM Acquisition LLC, First Lien Term Loan, 1M SOFR + 3.75%, 06/06/2031 | 885201 | 865532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miter Brands Acquisition Holdco Inc., First Lien Term Loan, 3M SOFR + 2.75%, 03/28/2031 | 954668 | 959375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar Acquisitionco LLC, First Lien Term Loan, 3M SOFR + 4.25%, 0.50% Floor, 04/30/2029 | 635844 | 595382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resideo Funding Inc, First Lien Term Loan, 3M SOFR + 2.00%, 08/13/2032 | 278070 | 278505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunbelt Transformer 10/24, First Lien Term Loan, 3M SOFR + 4.25%, 10/24/2031 | 297362 | 298601 |
|  |  | 2997395 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Business Equipment & Services - 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ThoughtWorks, Inc., First Lien Incremental Term Loan, 3M SOFR + 2.50%, 0.50% Floor, 03/24/2028 | $47073 | $46267 |
| **Capital Markets - 6.40%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apex Group Treasury LLC, First Lien Term Loan, 3M SOFR + 3.50%, 02/27/2032 | 1421543 | 1393112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aretec Group, Inc., First Lien Term Loan, 1M SOFR + 3.50%, 08/09/2030 | 1855616 | 1857639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascensus Holdings, Inc., First Lien Term Loan, 1M SOFR + 3.00%, 0.50% Floor, 08/02/2028 | 516341 | 516555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citadel Securities Global Holdings LLC, First Lien Term Loan, 1M SOFR + 2.00%, 10/31/2031 | 430827 | 432122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CITCO FDG LLC, First Lien Term Loan, 3M SOFR + 2.75%, 04/27/2028 | 1901690 | 1908992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FOCUS FINL PARTNERS LLC, First Lien Term Loan, 1M SOFR + 2.75%, 09/15/2031 | 1406159 | 1408086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GTCR Everest Borrower LLC, First Lien Term Loan, 1M SOFR + 2.75%, 09/05/2031 | 162555 | 162745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ITG Communications LLC, First Lien Term Loan, 3M SOFR + 9.09%, 07/01/2031 | 491500 | 486433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;June Purchaser, LLC, First Lien Term Loan, 3M SOFR + 3.25%, 11/28/2031 | 654218 | 656943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kestra Advisor Services Holdings A, Inc., First Lien Term Loan, 1M SOFR + 3.00%, 03/22/2031 | 702407 | 703393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Orion US Finco, First Lien Term Loan, 3M SOFR + 7.43%, 05/20/2032 | 560440 | 563942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OSAIC HOLDINGS INC TL 1L, First Lien Term Loan, 3M SOFR + 3.00%, 07/17/2032 | 1305424 | 1306168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Osttra Group LTD, First Lien Term Loan, 3M SOFR + 9.82%, 05/03/2033 | 161657 | 163004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superannuation and Investments US LLC, First Lien Term Loan, 3M SOFR + 3.00%, 12/01/2028 | 94559 | 95162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victory Capital Holdings Inc, First Lien Term Loan, 3M SOFR + 2.00%, 09/10/2032 | 340458 | 340247 |
|  |  | 11994543 |
| **Chemicals - 2.47%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barentz Intl BV, First Lien Term Loan, 3M SOFR + 3.25%, 03/03/2031 | 365322 | 366189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discovery Purchaser/Bayer/Envu 8/22 TL, First Lien Term Loan, 3M SOFR + 3.75%, 10/04/2029 | 948096 | 944939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortis 333 Inc, First Lien Term Loan, 3M SOFR + 3.50%, 03/29/2032 | 394013 | 392535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geon Performance Solutions LLC, First Lien Term Loan, 3M SOFR + 4.25%, 0.75% Floor, 08/18/2028 | 426341 | 400867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nouryon Finance BV, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 3.25%, 04/03/2028 | 418125 | 418976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 3.25%, 04/03/2028 | 912532 | 915196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Olympus Water US Holding Corp, First Lien Term Loan, 3M SOFR + 7.12%, 07/26/2032 | 176095 | 175090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solstice Advanced Materials Inc, First Lien Term Loan, 3M SOFR + 8.31%, 09/16/2032 | 215704 | 216244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vibrantz Technologies, Inc., First Lien Term Loan, 3M SOFR + 4.25%, 0.50% Floor, 04/21/2029 | 992327 | 804286 |
|  |  | 4634322 |
| **Commercial Services & Supplies - 7.99%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Action Environmental Group, Inc., First Lien Term Loan, 3M SOFR + 3.75%, 0.50% Floor, 10/24/2030<sup>(b)</sup> | 2261607 | 2264434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC, First Lien Term Loan, 1M SOFR + 3.25%, 08/20/2032 | 2557009 | 2569512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Armor Holdco, Inc., First Lien Term Loan, 3M SOFR + 3.75%, 0.50% Floor, 12/11/2028 | 1837383 | 1840599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belfor Holdings Inc, First Lien Term Loan, 3M SOFR + 2.75%, 11/04/2030 | 267329 | 268834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Garda World Security Corp., First Lien Term Loan, 1M SOFR + 3.00%, 02/01/2029 | 519109 | 520407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite Safety Group, First Lien Delayed Draw Term Loan, 1M SOFR + 4.50%, 06/28/2026 | 72924 | 72924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Justrite Safety Group, First Lien Initial Term Loan, 1M SOFR + 4.50%, 06/28/2026 | 1348777 | 1348777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF12 Crown US Commercial Bidco, LLC, First Lien Term Loan, 3M SOFR + 3.50%, 12/02/2031 | 1338939 | 1342708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minimax Viking GmbH, First Lien Term Loan, 1M SOFR + 2.25%, 03/17/2032 | 632051 | 633631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Buyer LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.50%, 09/11/2032 | 83934 | 84144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.50%, 09/11/2032 | 436459 | 437550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prime Sec Services Borrower LLC, First Lien Term Loan, 3M SOFR + 1.75%, 03/08/2032 | 858707 | 851932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protection One/ADT 11/24, First Lien Term Loan, 6M SOFR + 2.00%, 10/13/2030 | 1277001 | 1275315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tidal Waste 10/24 TLB 1L, First Lien Term Loan, 3M SOFR + 3.00%, 10/24/2031 | 780080 | 785607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TRC Companies 1/25, First Lien Term Loan, 3M SOFR + 3.00%, 12/08/2028 | 679293 | 681062 |
|  |  | 14977436 |
| **Communications Equipment - 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions Inc, First Lien Term Loan, 3M SOFR + 6.39%, 06/11/2032 | 185955 | 186691 |
| **Construction & Engineering - 1.48%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aegion 1/25 Cov-Lite TLB, First Lien Term Loan, 1M SOFR + 3.00%, 05/17/2028 | 1424316 | 1427877 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Construction & Engineering (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amentum/Amazon Holdco 7/24 TLB 1L, First Lien Term Loan, 1M SOFR + 2.25%, 09/29/2031 | $392727 | $393158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Socotec us holding inc, First Lien Term Loan, 3M SOFR + 8.12%, 06/02/2031 | 662596 | 668393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TECTA AMERICA CORP, First Lien Term Loan, 1M SOFR + 3.00%, 02/18/2032 | 291663 | 293121 |
|  |  | 2782549 |
| **Construction Materials - 1.88%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Green Infrastructure Partners Inc, First Lien Term Loan, 3M SOFR + 6.75%, 09/18/2032 | 337958 | 338698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QUIKRETE HLDGS INC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 2.25%, 04/14/2031 | 1458543 | 1459747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 2.25%, 02/10/2032 | 1473080 | 1473831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tamko Building Products LLC, First Lien Term Loan, 1M SOFR + 2.75%, 09/20/2030 | 247374 | 248378 |
|  |  | 3520654 |
| **Consumer Finance - 0.56%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CPI Holdco B LLC, First Lien Term Loan, 1M SOFR + 2.00%, 05/19/2031 | 1041264 | 1041264 |
| **Containers & Packaging - 3.63%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anchor Packaging LLC, First Lien Term Loan, 1M SOFR + 3.25%, 07/18/2029 | 418797 | 421109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berlin Packaging LLC, First Lien Term Loan, 1M SOFR + 3.25%, 06/09/2031 | 398456 | 400109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 3.25%, 04/01/2032 | 1530398 | 1529771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 7.41%, 04/01/2032<sup>(c)</sup> | 805 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iris Holding, Inc., First Lien Term Loan, 3M SOFR + 4.75%, 0.50% Floor, 06/28/2028 | 1458520 | 1419519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ProAmpac PG Borrower LLC, First Lien Term Loan, 3M SOFR + 4.00%, 0.75% Floor, 09/15/2028 | 583227 | 586143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reynolds Consumer Products, LLC, First Lien Term Loan, 1M SOFR + 1.75%, 03/04/2032 | 402547 | 404107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tricorbraun Holdings, Inc., First Lien Closing Date Initial Term Loan, 1M SOFR + 3.25%, 0.50% Floor, 03/03/2031 | 786033 | 783203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trident TPI Holdings, Inc., First Lien Term Loan, 3M SOFR + 3.75%, 0.50% Floor, 09/15/2028 | 1268677 | 1248195 |
|  |  | 6792961 |
| **Distributors - 1.50%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boots Group Finco LP, First Lien Term Loan, 3M SOFR + 3.50%, 08/30/2032 | 218131 | 218994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burgess Point Purchaser Corp., First Lien Term Loan, 1M SOFR + 5.25%, 07/25/2029 | 1431520 | 1249116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&S Holdings LLC, First Lien Initial Term Loan, 3M SOFR + 5.00%, 0.50% Floor, 03/11/2028 | 606546 | 605463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&S Holdings LLC, First Lien Term Loan, 1M SOFR + 5.00%, 10/01/2031 | 749623 | 729008 |
|  |  | 2802581 |
| **Diversified Consumer Services - 0.87%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imagine Learning LLC, First Lien Term Loan, 1M SOFR + 3.50%, 12/21/2029 | 1132750 | 984150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;St. George's University Scholastic Services LLC, First Lien Term Loan B Term Loan, 3M SOFR + 2.75%, 0.50% Floor, 02/10/2029 | 660499 | 651486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wand NewCo 3, Inc., First Lien Term Loan, 1M SOFR + 2.50%, 01/30/2031 | 1295 | 1293 |
|  |  | 1636929 |
| **Diversified Telecommunication Services - 1.84%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cable & Wireless 1/25 B7, First Lien Term Loan, 3M SOFR + 3.25%, 02/02/2032 | 1194325 | 1184126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiate Holdco, LLC, First Lien Term Loan 09/25/2029 | 869856 | 704583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ufinet/Zacapa 10/24 TL, First Lien Term Loan, 3M SOFR + 3.75%, 03/22/2029 | 1535117 | 1539146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zayo Group Holdings Inc., First Lien Term Loan, 3M SOFR + 7.77%, 09/01/2032 | 11516 | 11209 |
|  |  | 3439064 |
| **Electric Utilities - 3.23%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alpha Generation LLC, First Lien Term Loan, 1M SOFR + 2.00%, 09/30/2031 | 1072906 | 1072772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COGENTRIX FIN HOLDCO I LLC, First Lien Term Loan, 3M SOFR + 2.25%, 02/26/2032 | 438891 | 440107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lightning Power 8/24 TLB, First Lien Term Loan, 3M SOFR + 2.25%, 08/18/2031 | 1375273 | 1375878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NRG Energy 3/24 Cov-Lite, First Lien Term Loan, 3M SOFR + 1.75%, 04/16/2031 | 1740445 | 1742568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC, First Lien 2018 Incremental Term Loan, 1M SOFR + 1.75%, 12/20/2030 | 1421735 | 1425340 |
|  |  | 6056665 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Electrical Equipment - 1.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arcline FM Holdings LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.50%, 0.75% Floor, 06/24/2030 | $515 | $516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 7.58%, 09/01/2032 | 242889 | 243307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DG Investment Intermediate Holdings 2 Inc, First Lien Term Loan, 1M SOFR + 3.75%, 07/09/2032 | 862884 | 866841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DG INVT INTER HLDGS 2 INC, First Lien Term Loan, 3M SOFR + 5.50%, 07/25/2033 | 340773 | 339921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Modena Buyer LLC, First Lien Term Loan, 3M SOFR + 4.50%, 07/01/2031 | 513839 | 508151 |
|  |  | 1958736 |
| **Electronic Equipment, Instruments & Components - 0.55%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Aurora US Finco Inc, First Lien Term Loan, 3M SOFR + 6.71%, 09/27/2032 | 214472 | 215142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QNITY ELECTRS INC, First Lien Term Loan, 3M SOFR + 6.23%, 08/12/2032 | 508939 | 509575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corp, First Lien Term Loan, 3M SOFR + 6.24%, 08/09/2032 | 303722 | 303722 |
|  |  | 1028439 |
| **Energy Equipment & Services - 0.68%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Covia Holdings LLC, First Lien Term Loan, 3M SOFR + 7.55%, 02/26/2032 | 334164 | 336461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ursa Minor US Bidco LLC aka Rosen, First Lien Term Loan, 3M SOFR + 3.00%, 03/26/2031 | 933967 | 938287 |
|  |  | 1274748 |
| **Entertainment - 1.74%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta 2 Lux Sarl, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 2.00%, 0.50% Floor, 09/30/2031 | 333333 | 334011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.50%, 0.50% Floor, 09/30/2031 | 166667 | 167006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endeavor 1/25 Cov-Lite, First Lien Term Loan, 1M SOFR + 3.00%, 03/24/2032 | 1330497 | 1333657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EP Purcasher, LLC, First Lien Term Loan, 1M SOFR + 3.50%, 11/06/2028 | 957220 | 903774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EP Purchaser LLC, First Lien Term Loan, 1M SOFR + 4.50%, 0.50% Floor, 11/06/2028 | 186820 | 173743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Opry Entertainment/OEG, First Lien Term Loan, 1M SOFR + 3.50%, 06/30/2031 | 336453 | 338976 |
|  |  | 3251167 |
| **Financial Services - 3.72%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corpay Technologies Operating Company, LLC, First Lien Term Loan, 1M SOFR + 1.75%, 04/28/2028 | 1576754 | 1576020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ION Platform Finance US Inc, First Lien Term Loan 09/30/2032<sup>(b)</sup> | 1391858 | 1383159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitchell International, First Lien Term Loan, 3M SOFR + 3.25%, 06/17/2031 | 513560 | 513670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Planet US Buyer, LLC, First Lien Term Loan, 3M SOFR + 3.00%, 02/07/2031 | 376904 | 379394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Polaris Newco LLC, First Lien Dollar Term Loan, 3M SOFR + 3.75%, 0.50% Floor, 06/02/2028 | 1085882 | 1048859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments LLC, First Lien Term Loan, 3M SOFR + 2.75%, 06/30/2032 | 312203 | 314935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synechron Inc, First Lien Term Loan, 3M SOFR + 3.75%, 10/03/2031 | 975100 | 972662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UFC Holdings LLC, First Lien Term Loan, 3M SOFR + 6.04%, 11/21/2031 | 778584 | 780639 |
|  |  | 6969338 |
| **Food Products - 1.47%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FRONERI INTL LTD, First Lien Term Loan, 3M SOFR + 2.50%, 07/16/2032 | 609401 | 608843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Froneri US, Inc., First Lien Term Loan, 6M SOFR + 2.00%, 09/30/2031 | 1008974 | 1002880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Snacking Investments BidCo Pty, Ltd., First Lien Initial US Term Loan, 3M SOFR + 4.00%, 1.00% Floor, 12/18/2026 | 1133019 | 1140633 |
|  |  | 2752356 |
| **Gas Utilities - 0.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQP Holdco LP, First Lien Term Loan, 3M SOFR + 2.00%, 0.50% Floor, 12/31/2030 | 548625 | 549259 |
| **Ground Transportation - 0.51%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesee & WY Inc, First Lien Term Loan, 3M SOFR + 1.75%, 04/10/2031 | 959215 | 956549 |
| **Health Care Equipment & Supplies - 1.78%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Embecta Corp, TLB, First Lien Term Loan, 1M SOFR + 3.00%, 03/30/2029 | 929061 | 929995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanger Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 3.50%, 10/23/2031<sup>(c)</sup> | 7984 | 8011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 3.50%, 10/23/2031 | 413380 | 414775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WS Audiology AS, First Lien Term Loan, 3M SOFR + 7.80%, 02/28/2029 | 1992203 | 1987223 |
|  |  | 3340004 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Health Care Providers & Services - 7.37%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agiliti Health, Inc., First Lien Term Loan, 3M SOFR + 3.00%, 05/01/2030 | $912701 | $877334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHG Healthcare Services Inc, First Lien Term Loan, 3M SOFR + 2.75%, 09/29/2028 | 362220 | 362720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Medical Response Inc, First Lien Term Loan, 3M SOFR + 3.50%, 09/01/2032 | 2820658 | 2824692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heartland Dental LLC, First Lien Term Loan, 3M SOFR + 3.75%, 08/09/2032 | 872251 | 871819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inception Holdco Sarl, First Lien Term Loan, 3M SOFR + 8.05%, 09/01/2032 | 741716 | 747279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MED ParentCo LP, First Lien Term Loan, 1M SOFR + 3.25%, 04/15/2031 | 339070 | 340153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medical Solutions Holdings, Inc., First Lien Term Loan, 3M SOFR + 7.91%, 11/01/2028 | 1108950 | 853892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midwest Physcn Admin Srvcs LLC, First Lien Term Loan, 3M SOFR + 3.00%, 03/12/2028 | 1106057 | 1033649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ONEX TSG INTERMEDIATE CORP, First Lien Term Loan, 3M SOFR + 3.75%, 07/26/2032 | 407149 | 409840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OUTCOMES GROUP HOLDING INC, First Lien Term Loan, 3M SOFR + 3.00%, 05/06/2031 | 574644 | 578543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pathway Vet Alliance LLC TLA 1L, First Lien Term Loan, 3M SOFR + 5.00%, 06/30/2028 | 508218 | 514344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pediatric Associates Holding Co. LLC, First Lien Term Loan, 3M SOFR + 3.25%, 0.50% Floor, 12/29/2028 | 825066 | 790938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;R1 RCM 10/24 Cov-Lite TLB, First Lien Term Loan, 1M SOFR + 3.00%, 11/19/2031 | 531297 | 531725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radiology Partners Inc, First Lien Term Loan, 3M SOFR + 4.50%, 06/30/2032 | 1410097 | 1409363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Veterinary Partners LLC, First Lien Term Loan, 3M SOFR + 6.37%, 12/04/2031 | 881282 | 880643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Anesthesia Partners, Inc., First Lien Term Loan, 3M SOFR + 4.25%, 0.50% Floor, 10/01/2028 | 470300 | 470228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Fertility 10/24 Delayed TL 1L, First Lien Term Loan, 3M SOFR + 2.25%, 10/07/2031 | 13497 | 13548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Fertility 10/24 TLB 1L, First Lien Term Loan, 3M SOFR + 4.50%, 10/07/2031 | 296197 | 297307 |
|  |  | 13808017 |
| **Health Care Technology - 1.87%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cotiviti Inc., First Lien Term Loan, 1M SOFR + 7.63%, 05/01/2031 | 1208027 | 1216707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cotiviti, Inc., First Lien Term Loan, 1M SOFR + 2.75%, 03/28/2032 | 588326 | 578765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gainwell Acquisition Corp., First Lien Term Loan, 3M SOFR + 4.00%, 0.75% Floor, 10/01/2027 | 1734729 | 1710443 |
|  |  | 3505915 |
| **Hotels, Restaurants & Leisure - 6.90%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011778 BC UNLIMITED LIABILITY CO, First Lien Term Loan, 1M SOFR + 1.75%, 09/23/2030 | 875071 | 873246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alterra Mountain Co, First Lien Term Loan, 1M SOFR + 2.50%, 05/31/2030 | 112807 | 113160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bally's Corp., First Lien Term Loan, 3M SOFR + 3.25%, 0.50% Floor, 10/02/2028 | 1257128 | 1224128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BINGO HLDGS I LLC, First Lien Term Loan, 3M SOFR + 8.75%, 06/30/2032 | 681799 | 682866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 2.25%, 0.50% Floor, 02/06/2030 | 489895 | 489765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 2.25%, 0.50% Floor, 02/06/2031 | 158556 | 158391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cedar Fair LP, First Lien Term Loan, 1M SOFR + 2.00%, 05/01/2031 | 156488 | 155705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entain Holdings Gibraltar Ltd, First Lien Term Loan, 3M SOFR + 2.25%, 10/31/2029 | 1281291 | 1282572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fertitta Entertainment, LLC, First Lien Term Loan, 1M SOFR + 3.25%, 01/29/2029 | 1299407 | 1299004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment Public Limited, First Lien Term Loan, 3M SOFR + 4.32%, 06/04/2032 | 177854 | 177941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flutter Financing BV, First Lien Term Loan, 3M SOFR + 1.75%, 0.50% Floor, 11/29/2030 | 1782392 | 1779719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flynn Restaurant Group LP, First Lien Term Loan, 1M SOFR + 3.75%, 01/28/2032 | 1910910 | 1916136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Herschend Entertainment Co LLC, First Lien Term Loan, 1M SOFR + 3.25%, 05/27/2032 | 243191 | 244407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilton Grand Vacations Borrower, LLC, First Lien Term Loan, 1M SOFR + 2.25%, 01/17/2031 | 230994 | 230929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MOTION FINCO LLC, First Lien Term Loan, 3M SOFR + 3.50%, 11/12/2029 | 308296 | 277697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ovg Business Services LLC, First Lien Term Loan, 1M SOFR + 3.00%, 06/25/2031 | 516492 | 516815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TURQUOISE TOPCO LIMITED, First Lien Term Loan, 3M SOFR + 7.55%, 08/13/2032 | 765461 | 766900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VOYAGER PARENT LLC, First Lien Term Loan, 3M SOFR + 4.75%, 07/01/2032 | 744800 | 747224 |
|  |  | 12936605 |
| **Household Durables - 1.58%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACProducts Holdings, Inc., First Lien Term Loan, 3M SOFR + 4.25%, 0.50% Floor, 05/17/2028 | 2042057 | 1716022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restoration Hardware, Inc. TLB 1L, First Lien Term Loan, 1M SOFR + 2.50%, 10/20/2028 | 992248 | 968131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weber-Stephen Products LLC, First Lien Term Loan, 3M SOFR + 7.77%, 09/17/2032 | 285963 | 283372 |
|  |  | 2967525 |
| **Independent Power and Renewable Electricity Producers - 0.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine Corp., First Lien Term Loan, 1M SOFR + 1.75%, 01/31/2031 | 667379 | 667452 |
| **Insurance - 3.28%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alera Group Inc, First Lien Term Loan, 1M SOFR + 3.25%, 05/31/2032 | 994095 | 998921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alera Group Inc, Second Lien Term Loan, 1M SOFR + 5.50%, 05/30/2033 | 294864 | 304033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Holdings Intermediate LLC, First Lien Term Loan, 1M SOFR + 2.50%, 09/19/2031 | 285741 | 285262 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmWINS Group, Inc., First Lien Term Loan, 3M SOFR + 2.25%, 0.75% Floor, 01/30/2032 | $277549 | $277728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group Holdings LLC, First Lien Term Loan, 1M SOFR + 2.50%, 05/27/2031 | 629965 | 631278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BroadStreet Partners Inc, First Lien Term Loan, 1M SOFR + 3.00%, 06/13/2031 | 531773 | 532868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyperion Insurance/Howden 7/24 TLB 1L, First Lien Term Loan, 1M SOFR + 3.50%, 04/18/2030 | 2093635 | 2094284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyperion Refinance Sarl, First Lien Term Loan, 1M SOFR + 2.75%, 02/18/2031 | 162555 | 162747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trucordia Insurance Holdings LLC, First Lien Term Loan, 1M SOFR + 3.25%, 06/17/2032 | 550791 | 552857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Truist Insurance 3/24 2nd Lien Cov-Lite, Second Lien Term Loan, 3M SOFR + 4.75%, 05/06/2032 | 298588 | 304607 |
|  |  | 6144585 |
| **Interactive Media & Services - 1.63%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LI Group Holdings, Inc., First Lien 2021 Term Loan, 1M SOFR + 3.50%, 0.75% Floor, 03/11/2028 | 1048272 | 1052533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Boost Purchaser, LLC aka JD Power/Autodata, First Lien Term Loan, 3M SOFR + 3.00%, 07/16/2031 | 304359 | 303863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trip.com/TripAdvisor 7/24, First Lien Term Loan, 1M SOFR + 2.75%, 07/08/2031 | 1084343 | 1065367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WH BORROWER LLC, First Lien Term Loan, 3M SOFR + 4.75%, 02/20/2032 | 630420 | 631895 |
|  |  | 3053658 |
| **IT Services - 1.27%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Endurance Intl Group Hldgs Inc TLB 1L, First Lien Term Loan, 3M SOFR + 3.61%, 02/10/2028<sup>(b)</sup> | 2302644 | 1669417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Virtusa Corp., First Lien Term Loan, 1M SOFR + 3.25%, 0.75% Floor, 02/15/2029 | 725064 | 717814 |
|  |  | 2387231 |
| **Life Sciences Tools & Services - 0.49%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loire Finco Luxembourg Sa rl TLB, First Lien Term Loan, 3M SOFR + 4.00%, 01/21/2030 | 915070 | 918730 |
| **Machinery - 5.43%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AI Aqua Merger Sub, Inc., First Lien Term Loan, 1M SOFR + 3.00%, 0.50% Floor, 07/31/2028 | 308586 | 309545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASP BLADE HLDGS INC, Second Lien Term Loan, 6M SOFR + 4.00%, 10/15/2029 | 515222 | 402002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bettcher Industries, Inc., First Lien Term Loan, 3M SOFR + 4.00%, 12/14/2028<sup>(b)</sup> | 1180098 | 1185999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cube Industrials 10/24, First Lien Term Loan, 3M SOFR + 3.25%, 10/17/2031 | 284178 | 285776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Engineered Machinery Holdings, Inc., First Lien Term Loan, 3M SOFR + 3.50%, 0.75% Floor, 05/19/2028 | 1267633 | 1276348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Husky Injection Molding Systems Ltd, First Lien Term Loan, 3M SOFR + 8.67%, 02/15/2029 | 450719 | 452470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF11 Trinity Bidco, Inc., First Lien Term Loan, 3M SOFR + 2.50%, 06/17/2030 | 1152902 | 1155063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison IAQ LLC, First Lien Term Loan, 6M SOFR + 3.25%, 0.50% Floor, 05/06/2032 | 1082374 | 1088895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Castle, Inc., First Lien Term Loan, 3M SOFR + 5.50%, 06/01/2029 | 1474400 | 1226701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TK Elevator Midco GmbH, First Lien Term Loan, 6M SOFR + 3.00%, 04/30/2030 | 545007 | 546977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertiv Group Corp, First Lien Term Loan, 3M SOFR + 1.75%, 08/12/2032 | 1132490 | 1135128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Victory Buyer LLC, First Lien Term Loan, 1M SOFR + 3.75%, 0.50% Floor, 11/19/2028 | 1107855 | 1112901 |
|  |  | 10177805 |
| **Media - 2.28%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABG Intermediate Holdings 2 LLC, First Lien Term Loan, 1M SOFR + 2.25%, 02/13/2032 | 692321 | 692179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Greetings Corp., First Lien Term Loan, 1M SOFR + 5.75%, 10/30/2029 | 832556 | 836198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McGraw-Hill Education, Inc., First Lien Term Loan, 3M SOFR + 2.75%, 0.50% Floor, 08/06/2031 | 267019 | 267416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MJH Healthcare Holdings LLC aka MJH Life Sciences, First Lien Term Loan, 1M SOFR + 3.25%, 01/29/2029 | 412084 | 411441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MJH Healthcare Holdings LLC, First Lien Term Loan, 3M SOFR + 2.75%, 01/29/2029 | 2068972 | 2065744 |
|  |  | 4272978 |
| **Metals & Mining - 0.63%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arsenal AIC Parent LLC, First Lien Term Loan, 1M SOFR + 2.75%, 08/18/2030 | 197687 | 197934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCIH Salt Holdings, Inc., First Lien Incremental B-1 Term Loan, 6M SOFR + 4.00%, 0.75% Floor, 01/31/2029 | 971392 | 973514 |
|  |  | 1171448 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Mortgage Real Estate Investment Trusts (REITs) - 0.70%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance Inc, First Lien Term Loan, 1M SOFR + 3.25%, 06/13/2030 | $329673 | $332249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KREF Holdings X LLC, First Lien Term Loan, 3M SOFR + 6.55%, 03/05/2032 | 289907 | 289787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STARWOOD PPTY MTG LLC, First Lien Term Loan, 3M SOFR + 2.00%, 01/02/2030 | 355668 | 356337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Mortgage LLC, First Lien Term Loan, 3M SOFR + 6.41%, 08/16/2032 | 324780 | 325694 |
|  |  | 1304067 |
| **Multiline Retail - 0.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Peer Holding III B.V., First Lien Term Loan, 3M SOFR + 6.25%, 09/25/2032 | 319679 | 320379 |
| **Oil, Gas & Consumable Fuels - 1.81%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP, First Lien Term Loan, 3M SOFR + 5.85%, 09/27/2032 | 386967 | 387867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COLOSSUS ACQUIRECO LLC, First Lien Term Loan, 3M SOFR + 1.75%, 07/30/2032 | 1894847 | 1885373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Freeport LNG Investments LLLP, First Lien Term Loan, 3M SOFR + 3.25%, 0.50% Floor, 12/21/2028 | 344147 | 344732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GIP Pilot Acquisition Partners LP, First Lien Term Loan, 3M SOFR + 2.00%, 10/04/2030 | 342880 | 343095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stonepeak Bayou Holdings LP, First Lien Term Loan, 3M SOFR + 5.77%, 09/24/2032<sup>(b)</sup> | 241644 | 241644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHITEWATER MATTERHORN HOLDING LLC, First Lien Term Loan, 3M SOFR + 2.25%, 06/16/2032 | 184328 | 184443 |
|  |  | 3387154 |
| **Passenger Airlines - 2.14%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AAdvantage Loyalty IP, Ltd., First Lien Term Loan, 3M SOFR + 3.25%, 05/28/2032 | 338484 | 340388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada, First Lien Term Loan, 1M SOFR + 2.00%, 03/21/2031 | 636205 | 637200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines, Inc., First Lien 2020 Term Loan, 3M SOFR + 1.75%, 01/29/2027 | 226486 | 226109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines, Inc., First Lien Term Loan, 6M SOFR + 2.25%, 02/15/2028 | 838099 | 837923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Airlines, Inc., First Lien Term Loan, 3M SOFR + 2.00%, 02/24/2031 | 930755 | 934827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VISTA MGMT HLDG INC, First Lien Term Loan, 3M SOFR + 3.75%, 04/01/2031 | 1034337 | 1042959 |
|  |  | 4019406 |
| **Pharmaceuticals - 1.83%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dechra Pharmaceuticals, First Lien Term Loan, 6M SOFR + 3.25%, 01/27/2032 | 995921 | 999243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPAL US LLC, First Lien Term Loan, 3M SOFR + 3.50%, 04/23/2032 | 1834832 | 1841942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Padagis LLC, First Lien Initial Term Loan, 3M SOFR + 4.75%, 0.50% Floor, 07/06/2028 | 661172 | 591749 |
|  |  | 3432934 |
| **Professional Services - 10.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AG Group Holdings, Inc., First Lien Term Loan, 3M SOFR + 4.25%, 12/29/2028 | 1586844 | 1409514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AlixPartners LLP, First Lien Term Loan, 3M SOFR + 2.00%, 08/12/2032 | 1727844 | 1718125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ankura Consulting Group LLC, First Lien Term Loan, 1M SOFR + 3.50%, 0.75% Floor, 12/29/2031 | 600755 | 597751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BERKELEY RESH GROUP LLC, First Lien Term Loan, 3M SOFR + 3.25%, 04/30/2032 | 1179600 | 1183693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot US Acquisition LLC, First Lien Term Loan, 1M SOFR + 3.00%, 01/31/2031 | 1000000 | 995000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cast & Crew LLC, First Lien Term Loan, 1M SOFR + 3.75%, 0.50% Floor, 12/29/2028 | 1432946 | 1301631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cohnreznick Advisory LLC, First Lien Term Loan, 3M SOFR + 4.00%, 03/31/2032 | 580528 | 582345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DTI Holdco Inc, First Lien Term Loan, 1M SOFR + 4.00%, 04/26/2029 | 508071 | 454091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eisner Advisory Group LLC, First Lien Term Loan, 1M SOFR + 4.00%, 02/28/2031 | 955092 | 962036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Materials Technology Group Holdings, First Lien Term Loan, 3M SOFR + 4.25%, 07/06/2029 | 1759359 | 1773381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Advantage Holdings LL, First Lien Term Loan, 1M SOFR + 2.75%, 10/31/2031 | 791176 | 774118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grant Thornton Advisors LLC, First Lien Term Loan, 1M SOFR + 3.00%, 05/30/2031 | 257363 | 257286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lereta, LLC, First Lien Term Loan, 1M SOFR + 5.25%, 07/30/2028 | 474870 | 427053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mermaid Bidco Inc aka Datasite TL 1L, First Lien Term Loan, 3M SOFR + 3.25%, 06/27/2031 | 818074 | 818245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perficient/Plano 8/24 TLB 1L, First Lien Term Loan, 3M SOFR + 3.50%, 10/02/2031<sup>(b)</sup> | 674743 | 661249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan LLC., First Lien Term Loan, 3M SOFR + 3.50%, 11/08/2030 | 587211 | 589102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Secretariat Advisors LLC, First Lien Term Loan, 3M SOFR + 4.00%, 02/27/2032 | 293487 | 294405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trans Union LLC, First Lien Term Loan, 1M SOFR + 1.75%, 06/24/2031 | 752153 | 752390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TTF Holdings LLC, First Lien Term Loan, 6M SOFR + 3.75%, 07/18/2031 | 1154078 | 1096374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vaco Holdings, LLC, First Lien Term Loan, 3M SOFR + 5.00%, 01/22/2029 | 1452529 | 1254884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VT Topco, Inc. 12/24 1L, First Lien Term Loan, 3M SOFR + 3.00%, 08/09/2030 | 885976 | 860230 |
|  |  | 18762903 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Real Estate Management & Development - 0.51%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cushman & Wakefield US Borrower LLC, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1M SOFR + 2.75%, 01/31/2030 | $458959 | $460682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 7.07%, 0.50% Floor, 01/31/2030 | 491888 | 493939 |
|  |  | 954621 |
| **Semiconductors & Semiconductor Equipment - 0.77%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altar Bidco, Inc., First Lien Term Loan, 3M SOFR + 3.10%, 0.50% Floor, 02/01/2029 | 992308 | 993444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MKS, Inc., First Lien Term Loan, 1M SOFR + 2.00%, 0.50% Floor, 08/17/2029 | 454386 | 455285 |
|  |  | 1448729 |
| **Software - 19.84%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avalara, Inc., First Lien Term Loan, 3M SOFR + 2.75%, 03/29/2032 | 1386323 | 1388437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BEP Intermediate Holdco, First Lien Term Loan, 1M SOFR + 2.75%, 04/28/2031 | 363811 | 365632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BMC Software 7/24 2nd Lien TL, Second Lien Term Loan, 3M SOFR + 5.75%, 07/02/2032 | 1255640 | 1226214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boost Newco Borrower LLC, First Lien Term Loan, 3M SOFR + 2.00%, 01/31/2031 | 1440419 | 1444171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boxer Parent Co., Inc., First Lien Term Loan, 3M SOFR + 3.00%, 07/30/2031 | 1799132 | 1798286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Parent LLC, First Lien Term Loan, 3M SOFR + 3.25%, 07/06/2029 | 1541561 | 1337374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Software Group Inc, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.25%, 08/13/2032 | 550681 | 553385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.25%, 08/13/2032 | 963667 | 967719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloudera, Inc., First Lien Term Loan, 1M SOFR + 3.75%, 0.50% Floor, 10/08/2028 | 1013245 | 999520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conga Corp., First Lien Term Loan, 3M SOFR + 3.50%, 0.75% Floor, 05/08/2028 | 269162 | 266471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connectwise, LLC, First Lien Term Loan, 3M SOFR + 3.50%, 0.50% Floor, 09/29/2028 | 1044290 | 1047553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cornerstone OnDemand, Inc., First Lien Initial Term Loan, 1M SOFR + 3.75%, 0.50% Floor, 10/16/2028 | 1748256 | 1688440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Topco, Inc., First Lien Term Loan, 1M SOFR + 2.75%, 11/30/2029 | 810959 | 803206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Disco Parent Inc, First Lien Term Loan, 12M CME TERM + 3.25%, 08/06/2032 | 204242 | 205263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finastra USA Inc, First Lien Term Loan, 3M SOFR + 4.00%, 07/30/2032 | 1155804 | 1152297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fiserv Investment Solutions, Inc., First Lien Initial Term Loan, 3M SOFR + 4.00%, 02/18/2027 | 1418056 | 1409789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesys Cloud Services, Inc., First Lien Term Loan, 3M SOFR + 2.50%, 01/30/2032 | 157696 | 156891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Help/Systems Holdings, Inc., First Lien Seventh Amendment Refinancing Term Loan, 3M SOFR + 4.00%, 0.75% Floor, 11/19/2026 | 824221 | 781415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Idera INC, First Lien Term Loan, 3M SOFR + 3.50%, 03/02/2028 | 1339005 | 1178325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infoblox 4/24 2nd lien TL 1L, Second Lien Term Loan, 1M SOFR + 5.25%, 11/29/2030 | 990192 | 989573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IVANTI SOFTWARE INC, First Lien Term Loan, 3M SOFR + 5.75%, 06/01/2029 | 133430 | 137516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ivanti Software, Inc., First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 11.79%, 06/01/2029 | 542687 | 252688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 4.75%, 06/01/2029 | 250738 | 209492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JAVELIN BUYER INC, First Lien Term Loan, 3M SOFR + 2.75%, 12/12/2031 | 489681 | 489681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magenta Security Holdings, LLC First Out TL 1L, First Lien Term Loan, 3M SOFR + 6.75%, 07/27/2028 | 967621 | 796134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magenta Security Holdings, LLC Third Out 1L TL, First Lien Term Loan, 6M SOFR + 6.25%, 07/27/2028 | 180236 | 37124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;McAfee Corp., First Lien Term Loan, 1M SOFR + 3.00%, 0.50% Floor, 03/01/2029 | 984349 | 943130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitnick Corporate Purchaser Inc., First Lien Term Loan, 3M SOFR + 4.50%, 05/02/2029 | 980166 | 716134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perforce Software, Inc., First Lien Term Loan, 1M SOFR + 4.75%, 07/02/2029 | 1056574 | 975461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Planview Parent, Inc., First Lien Term Loan, 3M SOFR + 3.50%, 12/17/2027 | 425858 | 420269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Alpha (Qlik), First Lien Term Loan, 3M SOFR + 3.75%, 10/26/2030 | 2023636 | 2031569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Alpha (Qlik), Second Lien Term Loan, 3M SOFR + 5.00%, 05/09/2033 | 254056 | 252786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Project Leopard Holdings, Inc., First Lien Term Loan, 3M SOFR + 5.25%, 0.50% Floor, 07/20/2029 | 1265901 | 1145375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proofpoint Inc, First Lien Term Loan: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 0.00%, 08/31/2028 | 82490 | 82917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3M SOFR + 3.00%, 08/31/2028 | 357249 | 359096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quartz Acquired, LLC, First Lien Term Loan, 3M SOFR + 2.25%, 06/28/2030 | 1526790 | 1525523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rithum Holdings Inc, First Lien Term Loan, 3M SOFR + 4.75%, 07/21/2031 | 589800 | 590354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Software, Inc., First Lien Term Loan, 1M SOFR + 4.25%, 0.50% Floor, 11/28/2028 | 360766 | 361969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SciQuest 10/24 2nd Lien, Second Lien Term Loan, 3M SOFR + 5.00%, 12/06/2032 | 784000 | 784490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sophos Intermediate II, Ltd., First Lien Term Loan, 1M SOFR + 3.50%, 03/05/2027 | 1796472 | 1801080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies, Inc., First Lien Term Loan, 1M SOFR + 2.00%, 05/09/2031 | 359379 | 360678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STARLIGHT PARENT LLC, First Lien Term Loan, 3M SOFR + 4.00%, 04/16/2032 | 852649 | 838793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Storable Inc, First Lien Term Loan, 1M SOFR + 3.25%, 04/16/2031 | 292928 | 294271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vision Solutions, Inc., First Lien Term Loan, 3M SOFR + 4.00%, 0.75% Floor, 04/24/2028 | 1165126 | 1129007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Webpros Luxembourg Sarl, First Lien Term Loan, 1M SOFR + 3.75%, 03/28/2031 | 302135 | 303836 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XPLOR T1 LLC, First Lien Term Loan, 3M SOFR + 3.75%, 06/24/2031<sup>(b)</sup> | $1383 | $1384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zuora 12/24 Cov-Lite TLB, First Lien Term Loan, 1M SOFR + 3.50%, 02/14/2032 | 590000 | 586976 |
|  |  | 37187694 |
| **Specialized REITs - 0.25%** |  |  |
| Iron Mountain Information Management LLC, First Lien Term Loan, 1M SOFR + 2.00%, 01/31/2031 | 460343 | 461207 |
| **Specialty Retail - 3.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APRO LLC, First Lien Term Loan, 1M SOFR + 3.75%, 07/09/2031 | 359572 | 359842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beach Acquisition Bidco LLC, First Lien Term Loan, 3M SOFR + 3.25%, 06/28/2032 | 244691 | 246170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EG America LLC, First Lien Term Loan, 3M SOFR + 3.50%, 02/07/2028 | 1228232 | 1236891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great Outdoors Group LLC, First Lien Term Loan, 1M SOFR + 3.25%, 0.75% Floor, 01/23/2032 | 797321 | 797919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mavis Tire Express Services Topco Corp., First Lien Term Loan, 3M SOFR + 3.00%, 0.75% Floor, 05/04/2028 | 398698 | 399112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RVR Dealership Holdings LLC, First Lien Term Loan, 3M SOFR + 3.75%, 0.75% Floor, 02/08/2028 | 1342489 | 1272196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spencer Spirit IH LLC, First Lien Term Loan, 1M SOFR + 4.75%, 07/15/2031 | 806748 | 808096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;StubHub Holdco Sub LLC, First Lien Term Loan, 1M SOFR + 4.75%, 03/15/2030 | 728689 | 724135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valvoline, Inc., First Lien Term Loan, 3M SOFR + 2.00%, 03/19/2032 | 317585 | 319041 |
|  |  | 6163402 |
| **Technology Hardware, Storage & Peripherals - 0.52%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SanDisk 12/24 Cov-Lite, First Lien Term Loan, 1M SOFR + 3.00%, 02/20/2032 | 974599 | 977649 |
| **Textiles, Apparel & Luxury Goods - 0.72%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cengage Learning, Inc., First Lien Term Loan, 1M SOFR + 3.50%, 1.00% Floor, 03/24/2031 | 1347563 | 1345737 |
| **Thrifts & Mortgage Finance - 5.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACCESS CIG LLC, First Lien Term Loan, 3M SOFR + 4.00%, 08/15/2030 | 1118080 | 1122821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahead 7/24 TLB3 1L, First Lien Term Loan, 3M SOFR + 2.75%, 02/01/2031 | 907178 | 909391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC, Second Lien Term Loan, 1M SOFR + 5.25%, 01/31/2028 | 619686 | 604969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackhawk Network Holdings, Inc., First Lien Term Loan, 1M SOFR + 4.00%, 1.00% Floor, 03/12/2029 | 1141693 | 1147493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dcert Buyer, Inc., Second Lien First Amendment Refinancing Term Loan, 1M SOFR + 7.00%, 02/19/2029 | 1881655 | 1717010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Intermediate 3 Inc, First Lien Term Loan, 1M SOFR + 3.00%, 06/27/2031 | 2097421 | 2110530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Oper Co LLC, First Lien Term Loan, 1M SOFR + 1.75%, 05/30/2031 | 466594 | 466358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skopima Consilio Parent, LLC, First Lien Term Loan, 1M SOFR + 3.75%, 0.50% Floor, 05/12/2028 | 1103874 | 940710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;World Wide Technology Holding Co LLC TLB, First Lien Term Loan, 1M SOFR + 2.00%, 03/01/2030 | 946188 | 950328 |
|  |  | 9969610 |
| **Trading Companies & Distributors - 1.97%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCPE EMPIRE HLDGS INC, First Lien Term Loan, 1M SOFR + 3.25%, 12/11/2030 | 318448 | 318237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FCG Acquisitions, Inc., First Lien Term Loan, 1M SOFR + 3.25%, 0.50% Floor, 03/31/2028 | 746549 | 749117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kodiak Building Partners, First Lien Term Loan, 3M SOFR + 3.75%, 12/04/2031 | 1024849 | 1021718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MRC Global 10/24 TLB, First Lien Term Loan, 1M SOFR + 3.50%, 10/29/2031<sup>(b)</sup> | 392030 | 393010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park River Holdings, Inc., First Lien Initial Term Loan, 3M SOFR + 3.25%, 0.75% Floor, 12/28/2027 | 361981 | 362434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QXO Building Products, Inc., First Lien Term Loan, 1M SOFR + 3.00%, 04/30/2032 | 208450 | 210432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Cap Buyer LLC, First Lien Term Loan, 1M SOFR + 3.25%, 10/19/2029 | 633439 | 634285 |
|  |  | 3689233 |
| TOTAL FLOATING RATE LOAN INTERESTS |  |  |
| (Cost $257,174,721) |  | 253550429 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal<br> Amount** | **Value** |
| COLLATERALIZED LOAN OBLIGATION SECURITIES - 10.09% |  |  |
| **Consumer Finance - 0.80%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octagon 75, Ltd., 3M SOFR + 4.95%, 01/22/2038<sup>(b)(d)</sup> | $1500000 | $1504805 |
| **Diversified Financial Services - 0.54%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regatta 32 Funding, Ltd., 3M SOFR + 5.75%, 07/25/2038<sup>(b)(d)</sup> | 1000000 | 1011033 |
| **Financial Services - 8.75%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares LXI CLO, Ltd., 3M SOFR + 3.90%, 04/20/2037<sup>(b)(d)</sup> | 1000000 | 1008557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO 2020-4, Ltd., 3M SOFR + 7.98%, 10/20/2036<sup>(b)(d)</sup> | 1000000 | 1010194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bain Capital Credit CLO 2022-3, Ltd., 3M SOFR + 3.70%, 07/17/2035<sup>(b)(d)</sup> | 1000000 | 1005528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle US CLO 2022-6, Ltd., 3M SOFR + 4.75%, 10/25/2036<sup>(b)(d)</sup> | 1000000 | 1008166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cedar Funding XIV CLO, Ltd., 3M SOFR + 7.39%, 10/15/2037<sup>(b)(d)</sup> | 1375000 | 1390349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Columbia Cent CLO 34, Ltd., 3M SOFR + 6.85%, 01/25/2038<sup>(b)(d)</sup> | 1500000 | 1533124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midocean Credit Clo XXI, 3M SOFR + 5.00%, 10/20/2038<sup>(b)(d)</sup> | 1000000 | 1005000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Mountain CLO 1, Ltd., 3M SOFR + 5.25%, 01/15/2038<sup>(b)(d)</sup> | 1000000 | 1004298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OCP CLO 2021-21, Ltd., 3M SOFR + 4.70%, 01/20/2038<sup>(b)(d)</sup> | 1000000 | 1004244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Avenue Institutional Advisers CLO, Ltd. 2022-1, 3M SOFR + 7.29%, 04/20/2035<sup>(b)(d)</sup> | 1000000 | 1002626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pikes Peak CLO 6, 3M SOFR + 4.60%, 05/18/2034<sup>(b)(d)</sup> | 1000000 | 988345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regatta XVIII Funding, Ltd., 3M SOFR + 4.70%, 04/15/2038<sup>(b)(d)</sup> | 1000000 | 1004452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Romark CLO - IV, Ltd., 3M SOFR + 7.21%, 07/10/2034<sup>(b)(d)</sup> | 1000000 | 1000050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sixth Street CLO XIV, Ltd., 3M SOFR + 4.65%, 01/20/2038<sup>(b)(d)</sup> | 1000000 | 1006524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO XXXII, Ltd., 3M SOFR + 6.96%, 10/25/2034<sup>(b)(d)</sup> | 1000000 | 915072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TICP CLO XI, Ltd., 3M SOFR + 6.70%, 04/25/2037<sup>(b)(d)</sup> | 500000 | 507100 |
|  |  | 16393629 |
| TOTAL COLLATERALIZED LOAN OBLIGATION SECURITIES |  |  |
| (Cost $18,852,811) |  | 18909467 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| COMMON STOCK - 0.25% |  |  |
| **Diversified Consumer Services - 0.00%<sup>(e)</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loyalty Ventures Inc<sup>(b)(f)</sup> | 462410 | 4624 |
| **Health Care Providers & Services - 0.25%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Envision Healthcare Corp. Equity<sup>(f)</sup> | 29091 | 466668 |
| TOTAL COMMON STOCK |  |  |
| (Cost $975,447) |  | 471292 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| EXCHANGE TRADED FUNDS - 0.73% |  |  |
| **Capital Markets - 0.73%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDR Blackstone Senior Loan ETF | 33000 | 1372140 |
| TOTAL EXCHANGE TRADED FUNDS |  |  |
| (Cost $1,370,160) |  | 1372140 |
| SHORT-TERM INVESTMENTS - 0.87% |  |  |
| **Open-end Investment Companies - 0.87%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Cash Reserve |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.69% 7-Day Yield) | 1630894 | 1630894 |
| TOTAL SHORT-TERM INVESTMENTS |  |  |
| (Cost $1,630,894) |  | 1630894 |
| Total Investments- 147.25% |  |  |
| (Cost $280,004,033) |  | $275934222 |
| Liabilities in Excess of Other Assets - (1.04)% |  | (1942381) |
| Leverage Facility - (46.21)% |  | (86600000) |
| **Net Assets - 100.00%** |  | $187391841 |

---

*Amounts above are shown as a percentage of net assets as of September 30, 2025.*

**Investment Abbreviations:**

SOFR - Secured Overnight Financing Rate

**Reference Rates:**

1M US SOFR - 1 Month SOFR as of September 30, 2025 was 4.31%

3M US SOFR - 3 Month SOFR as of September 30, 2025 was 4.35%

6M US SOFR - 6 Month SOFR as of September 30, 2025 was 4.37%

6M CME TERM SOFR - 6M CME TERM SOFR as of September 30, 2025 was 3.85%

12M CME TERM SOFR - 12M CME TERM SOFR as of September 30, 2025 was 3.66%

*<sup>(a)</sup>* *Floating or variable rate security. The reference rate is described above. The rate in effect as of September 30, 2025, is based on the reference rate plus the displayed spread as of the security's last reset date. Where applicable, the reference rate is subject to a floor rate.*

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

*<sup>(c)</sup>* *A portion of this position was not funded as of September 30, 2025. The Portfolio of Investments records only the funded portion of each position. As of September 30, 2025, the Fund has unfunded delayed draw loans in the amount of $500,659. Fair value of these unfunded delayed draws was $501,812. Additional information is provided in Note 4 General Commitments and Contingencies.*

*<sup>(d)</sup>* *Security exempt from registration under Rule 144A of the Securities Act of 1933. Total market value of Rule 144A securities amounts to $18,909,467, which represented approximately 10.09% of net assets as of September 30, 2025. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration.*

*<sup>(e)</sup>* *Amount represents less than 0.005% of net assets.*

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

**

**NOTE 1. ORGANIZATION**

Blackstone Senior Floating Rate 2027 Term Fund ("BSL", the "Fund"), is a diversified, closed-end management investment company. BSL was organized as a Delaware statutory trust on March 4, 2010. BSL was registered under the Investment Company Act of 1940, as amended (the "1940 Act"), on March 5, 2010. BSL commenced operations on May 26, 2010. Prior to that date, BSL had no operations other than matters relating to its organization and the sale and issuance of 5,236 common shares of beneficial interest in BSL to Blackstone Liquid Credit Strategies LLC (the "Adviser") at a price of $19.10 per share. The Adviser serves as BSL's investment adviser. BSL's common shares are listed on the New York Stock Exchange (the "Exchange") and trade under the ticker symbol "BSL."

BSL will dissolve on or about May 31, 2027, absent shareholder approval to extend such term. Upon dissolution, BSL will distribute substantially all of its net assets to shareholders, after making appropriate provision for any liabilities. Pursuant to BSL's Amended and Restated Agreement and Declaration of Trust, prior to the date of dissolution, a majority of BSL's Board of Trustees (the "Board"), with the approval of a majority of the shareholders entitled to vote (as defined in the 1940 Act), may extend the life of BSL by a period of two years or such shorter time as may be determined. The dissolution date of BSL may be extended an unlimited number of times. On March 31, 2017, BSL announced an extension of BSL's reinvestment period. The extension allows BSL to continue to reinvest proceeds generated by maturities, prepayments and sales of investments until one year prior to BSL's scheduled dissolution date.

The Fund was previously classified as a non-diversified investment company for purposes of the 1940 Act. As a result of ongoing operations, the Fund as of April 1, 2014 is now classified as a diversified company. This means that with respect to 75% of the Fund's total assets, no more than 5% of such Fund's total assets may be invested in any one issuer, excepting cash and cash items, U.S. government securities, and securities of other investment companies. The Fund may not resume operating in a non-diversified manner without first obtaining shareholder approval in accordance with the 1940 Act.

**Investment Objectives**: BSL's primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. Under normal market conditions, at least 80% of BSL's Managed Assets (defined in Note 3) will be invested in senior secured, floating rate loans ("Senior Loans").

Senior Loans, Secured Loans and Senior Secured Loans are referred to collectively as "Loans" throughout the Notes to Financial Statements.

**NOTE 2. SIGNIFICANT ACCOUNTING POLICIES**

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

The preparation of financial statements requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statement. Actual results could differ from these estimates. The Fund operates as a single operating segment. As a result, the Fund's segment accounting policies are consistent with those described herein and the Fund does not have any intra-segment sales and transfers of assets.

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

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

In accordance with Rule 2a-5 under the 1940 Act, the Board has designated the Adviser as the valuation designee to perform fair value determinations related to the Fund's investments, subject to the Board's oversight and periodic reporting requirements.

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

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

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

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

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

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

The following table summarizes the valuation of BSL's investments under the fair value hierarchy levels as of September 30, 2025:

**Blackstone Senior Floating Rate 2027 Term Fund**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities at Fair Value\*** | **Level 1 - Quoted Prices** | **Level 2 - Significant<br> Observable Inputs** | **Level 3 - Significant <br> Unobservable Inputs** | **Total** |
| Floating Rate Loan Interests |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aerospace & Defense | $– | $6093460 | $671137 | $6764597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Services & Supplies |  | 12713002 | 2264434 | 14977436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Services |  | 5586179 | 1383159 | 6969338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IT Services |  | 717814 | 1669417 | 2387231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Machinery |  | 8991806 | 1185999 | 10177805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oil, Gas & Consumable Fuels |  | 3145510 | 241644 | 3387154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Professional Services |  | 18101654 | 661249 | 18762903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Software |  | 37186310 | 1384 | 37187694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trading Companies & Distributors |  | 3296223 | 393010 | 3689233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other |  | 149247038 |  | 149247038 |
| Collateralized Loan Obligation Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Finance |  |  | 1504805 | 1504805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Financial Services |  |  | 1011033 | 1011033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Services |  |  | 16393629 | 16393629 |
| Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Consumer Services |  |  | 4624 | 4624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care Providers & Services |  | 466668 |  | 466668 |
| Exchange Traded Funds | 1372140 |  |  | 1372140 |
| Short-Term Investments | 1630894 | – | – | 1630894 |
| Total | $3003034 | $245545664 | $27385524 | $275934222 |
| **Other Financial Instruments** |  |  |  |  |
| **Assets** |  |  |  |  |
| Net Unrealized Appreciation on Unfunded Loan Commitments | – | 2345 | – | 2345 |
| Total | – | 2345 | – | 2345 |

---

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

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of September 30, 2025, the Fund's outstanding borrowings of $86,600,000 under its Leverage Facility are categorized as Level 2 within the fair value hierarchy.

The changes of the fair value of investments for which BSL has used significant unobservable (Level 3) inputs to determine the fair value are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Blackstone Senior Floating Rate 2027 Term Fund** | **Floating Rate<br> Loan Interests** | **Collateralized Loan<br> Obligation<br> Securities** | **Common Stock** | **Unfunded Loan<br> Commitments** | **Total** |
| Balance as of December 31, 2024 | $9142878 | $11762047 | $– | $1232 | $20906157 |
| &nbsp;&nbsp;&nbsp;Accrued discount/ premium | 4086 | 3345 |  |  | 7431 |
| &nbsp;&nbsp;&nbsp;Realized Gain/(Loss) | (12604) | 14256 |  |  | 1652 |
| &nbsp;&nbsp;&nbsp;Change in Unrealized Appreciation/(Depreciation) | (72550) | (104026) |  | (1232) | (177808) |
| &nbsp;&nbsp;&nbsp;Purchases<sup>(1)</sup> | 2870719 | 11442694 |  |  | 14313413 |
| &nbsp;&nbsp;&nbsp;Sales Proceeds<sup>(2)</sup> | (5185669) | (4208849) |  |  | (9394518) |
| &nbsp;&nbsp;&nbsp;Transfer into Level 3 | 5121234 |  | 4624 |  | 5125858 |
| &nbsp;&nbsp;&nbsp;Transfer out of Level 3 | (3396661) | – | – | – | (3396661) |
| Balance as of September 30, 2025 | $8471433 | $18909467 | $4624 | $– | $27385524 |
| Net change in unrealized appreciation/(depreciation) attributable to Level 3 investments held at September 30, 2025 | $(333209) | $(55404) | $– | $(1232) | $(389845) |

---

&nbsp;&nbsp;&nbsp;&nbsp;*(1)* *Purchases include all purchases of securities and securities received in corporate actions.* 

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

Information about Level 3 fair value measurements as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Blackstone Senior Floating Rate 2027 Term Fund** | **Fair Value** | **Valuation Technique(s)** | **Unobservable<br> Input(s)** | **Value/Range<br> (Weighted Average)** |
| Floating Rate Loan Interests | $8471433 | Third-party vendor pricing service | Broker quotes | N/A |
| Collateralized Loan Obligation Securities | 18909467 | Third-party vendor pricing service | Broker quotes | N/A |
| Common Stock | 4624 | Third-party vendor pricing service | Broker quotes | N/A |

---

A change to the unobservable input at the reporting date would result in a significant change to the value of the investment as follows:

---

| | | |
|:---|:---|:---|
| **Unobservable Input** | **Impact to Value if Input Increases** | **Impact to Value if Input Decreases** |
| Broker Quotes | Increase | Decrease |

---

 

Securities were transferred from Level 2 to Level 3 because of a lack of observable market data due to decrease in market activity and information for these securities. Other securities were transferred from Level 3 to Level 2 as observable inputs were available for purposes of valuing those assets.

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

When the Fund sells a floating rate loan interest, it may pay an agency fee. The Fund earns facility and other fees on floating rate loan interests, and facility fees are typically amortized to income over the term of the loan. Consent and amendment fees are also recorded to income as earned.

**NOTE 3. LOANS AND OTHER INVESTMENTS**

BSL defines "Senior Loans" as senior secured, floating rate loans that are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities ("Borrowers"), which operate in various industries and geographical regions. Under normal market conditions, at least 80% of BSL's Managed Assets (defined below) will be invested in Senior Loans. BSL defines "Managed Assets" as total assets (including any assets attributable to any leverage used) minus the sum of BSL's accrued liabilities (other than liabilities related to the principal amount of leverage). At September 30, 2025, 90.14% of BSL's Managed Assets were held in Senior Loans.

Senior Secured Loans hold a senior position in the capital structure of a business entity, are secured with specific collateral, and have a claim on the assets and/or stock of the Borrower that is senior to that held by unsecured creditors, subordinated debt holders and stockholders of the Borrower.

Loans often require prepayment from Borrowers' excess cash flows or permit the Borrowers' to repay at their election. The degree to which Borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, floating rate loans typically have an expected average life of two to four years. Floating rate loans typically have rates of interest which are re-determined periodically, either daily, monthly, quarterly or semi-annually by reference to a floating base lending rate, primarily the Secured Overnight Financing Rate ("SOFR"), plus a premium or credit spread.

Loans are subject to the risk of payment defaults of scheduled interest or principal. Such non-payment could result in a reduction of income, a reduction in the value of the investment and a potential decrease in the NAV of the Fund. Risk of loss of income is generally higher for subordinated unsecured loans or debt, which are not backed by a security interest in any specific collateral. There can be no assurance that the liquidation of any collateral securing a Loan would satisfy the Borrower's obligation to the Fund in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated.

Second lien loans generally are subject to similar risks as those associated with investments in first lien loans except that such loans are subordinated in payment and/or lower in lien priority to first lien holders. In the event of default on a second lien loan, the first priority lien holder has first claim to the underlying collateral of the loan. Second lien loans are subject to the additional risk that the cash flow of the Borrower and property securing the loan or debt, if any, may be insufficient to meet scheduled payments after giving effect to the senior obligations of the Borrower. At September 30, 2025, BSL had invested $6,585,682 in second lien secured loans. Second lien secured loans are not considered Senior Loans for BSL.

Loans can be rated below investment grade or may also be unrated. As a result, the risks associated with Loans may be similar to the risks of other below investment grade securities, although they are senior and secured in contrast to other below investment grade securities, which are often subordinated or unsecured. The Fund typically invests in Loans rated below investment grade, which are considered speculative because of the credit risk of the Borrowers. Such companies are more likely than investment grade issuers to default on their payments of interest and principal owed to the Fund, and such defaults could reduce NAV and income distributions. The amount of public information available with respect to below investment grade loans will generally be less extensive than that available for registered or exchange-listed securities. In evaluating the creditworthiness of Borrowers, the Adviser will consider, and may rely in part on, analyses performed by others. The Adviser's established best execution procedures and guidelines require trades to be placed for execution only with broker-dealer counterparties approved by the Counterparty Committee of the Adviser. The factors considered by the Counterparty Committee when selecting and approving brokers and dealers include, but are not limited to: (i) quality, accuracy, and timeliness of execution, (ii) review of the reputation, financial strength and stability of the financial institution, (iii) willingness and ability of the counterparty to commit capital, (iv) ongoing reliability and (v) access to underwritten offerings and secondary markets. The Counterparty Committee regularly reviews each broker-dealer counterparty based on the foregoing factors.

BSL may acquire Loans through assignments or participations. BSL typically acquires these Loans through assignment, and if BSL acquires a Loan through participation, it will seek to elevate a participation interest into an assignment as soon as practicably possible. The purchaser of an assignment typically succeeds to all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the debt obligation. A participation typically results in a contractual relationship only with the institution participating out the interest, not with the Borrower. Sellers of participations typically include banks, broker-dealers, other financial institutions and lending institutions. The Adviser has adopted best execution procedures and guidelines which seek to mitigate credit and counterparty risk in the atypical situation when BSL must acquire a Loan through a participation.

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

**NOTE 4. GENERAL COMMITMENTS AND CONTINGENCIES**

As of September 30, 2025, BSL had unfunded loan commitments outstanding, which could be extended at the option of the borrower, as detailed below:

---

| | | | |
|:---|:---|:---|:---|
| **Borrower** | **Par Value** | **Fair Value** | **Unrealized<br> Appreciation /<br> (Depreciation)** |
| Azuria Water Solution Inc., First Lien Term Loan | $48390 | $48511 | $121 |
| Clydesdale Acquisition Holdings, Inc., First Lien Term Loan | 26018 | 26007 | 175 |
| Cohnreznick Advisory LLC., First Lien Term Loan | 134381 | 134802 | 1055 |
| Hanger Inc., First Lien Term Loan | 45468 | 45622 | 357 |
| June Purchaser/Janney Montgomery 9/24 Delayed TL 1., First Lien Term Loan | 109584 | 110041 | 456 |
| Kaman 1/25 Delayed TL 1L., First Lien Term Loan | 63139 | 63009 | (130) |
| R1 RCM 10/24 Cov-Lite., First Lien Term Loan | 38141 | 38171 | 200 |
| Secretariat Advisors LLC., First Lien Term Loan | 35538 | 35649 | 111 |
| Total | $500659 | $501812 | $2345 |

---

Unfunded loan commitments are marked to market on the relevant day of the valuation in accordance with BSL's valuation policies. For the period ended September 30, 2025, BSL recorded a net decrease in unrealized appreciation on unfunded loan commitments totaling $4,374.

**NOTE 5. LEVERAGE**

The Fund terminated its previously existing leverage facility and entered into a new, separate Credit Agreement (the "Agreement"), dated December 24, 2024, with a new lender to borrow up to a limit of $100 million pursuant to an evergreen revolving line of credit (the "Leverage Facility"). The Leverage Facility does not have a scheduled maturity date, but can be terminated (i) by the Fund upon at least three (3) business days' written notice to the lender under the Leverage Facility or (ii) by such lender on the latest to occur of (a) the 365th day after the initial closing date of the Leverage Facility, (b) the 270th day after such lender delivers a notice of termination to the Fund or (c) a later date specified by such lender in the notice of termination. Borrowings under the Agreement are secured by the assets of the Fund.

Interest on outstanding revolving loans under the Leverage Facility is currently charged at a rate of 1.15% above adjusted term SOFR, with either a one (1) month interest period or three (3) month interest period as elected by the Fund. The Fund may also elect to borrow daily interest rate loans based on a customary alternate base rate.

Under the terms of the Agreement, the Fund must pay a commitment fee on any undrawn amounts, currently in an amount equal to 0.15% on the undrawn amounts when drawn amounts equal or exceed 75% of the borrowing limit and 0.25% on the undrawn amounts at any other time. Interest is generally payable at the end of the respective interest period and fees are generally payable after the end of each calendar quarter. At September 30, 2025, BSL had borrowings outstanding under its Leverage Facility of $86,600,000, at an interest rate of 5.47%. Due to the short term nature of the Agreement, face value approximates fair value at September 30, 2025. This fair value is based on Level 2 inputs under the three-tier fair valuation hierarchy (see Note 2). For the period ended September 30, 2025, the average borrowings under BSL's Leverage Facility and the weighted average interest rate were $87,926,007 and 5.56%, respectively. During the period ended September 30, 2025, the Fund incurred $18,604 for commitment fees on undrawn amounts.

Under the Agreement, the Fund has agreed to certain covenants and additional investment limitations while the leverage is outstanding. The Fund has agreed to maintain asset coverage of three times over borrowings. Compliance with the investment restrictions and calculations are performed by the Fund's custodian, The Bank of New York Mellon. As of September 30, 2025, the Fund was in compliance with all required investment limitations and asset coverage requirements related to its leverage.

The use of borrowings to leverage the common shares of the Fund can create risks. Changes in the value of the Fund's portfolio, including securities bought with the proceeds of leverage, are borne entirely by the holders of common shares of the Fund. All costs and expenses related to any form of leverage used by the Fund are borne entirely by common shareholders. If there is a net decrease or increase in the value of the Fund's investment portfolio, the leverage may decrease or increase, as the case may be, the NAV per common share to a greater extent than if the Fund did not utilize leverage. During periods when the Fund is using leverage, the fees paid to the Adviser for advisory services and to ALPS for administrative services are higher than if the Fund did not use leverage because the fees paid are calculated on the basis of the Fund's Managed Assets, which include the assets purchased through leverage. As of September 30, 2025, BSL's leverage represented 31.61% of the Fund's Managed Assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Blackstone Senior Floating Rate 2027 Term Fund

- **b. Investment Company Act file number:** 811-22393

- **c. CIK number of Registrant:** 0001486298

- **d. LEI of Registrant:** 549300PXYPBYRHU59R03

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

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

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10154

  - **Telephone number:** 8778761121

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

- **a. Name of Series:** Blackstone Senior Floating Rate 2027 Term Fund

- **c. LEI of Series:** 549300PXYPBYRHU59R03

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $287732363.18

**Total Liabilities:** $100353424.45

**Net Assets:** $187378938.73

**Delayed Delivery Securities:** $523385.61

**Cash Not Reported:** $1630893.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 579.99794600 | **10-Year:** 1832.84306500 | **30-Year:** 85.33380600

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

- **3-Month:** 31.54507300 | **1-Year:** 7372.14411500 | **5-Year:** 21253.92588100 | **10-Year:** 10460.06650300 | **30-Year:** 700.69872300

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.44%               | 1.61%                | -0.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-851723.97              | $1737841.07                                |
| Month 2  | $-634070.43              | $-141596.80                                |
| Month 3  | $-835273.86              | $-68213.16                                 |

### Schedule of Portfolio Investments

| Name                                              | Title                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Garda World Security                              | Garda World Security Corp.                          | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    519109 | PA      | $520406.66    | 0.28%             | 2029-02-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| AG Group Holdings                                 | AG Group Holdings, Inc.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1586844 | PA      | $1409514.48   | 0.75%             | 2028-12-29      | Floating      | 12.65%                | No            |                  2 | On Loan: No      |
| Precisely Software Incorporated                   | Vision Solutions, Inc.                              | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1168160 | PA      | $1131947.04   | 0.60%             | 2028-04-24      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding Inc            | Project Alpha (Qlik)                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2028746 | PA      | $2036699.08   | 1.09%             | 2030-10-26      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Disco Parent Inc                                  | Disco Parent Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GI        |    204242 | PA      | $205262.91    | 0.11%             | 2032-08-02      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Tecta America Corp                                | TECTA AMERICA CORP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    292394 | PA      | $293855.74    | 0.16%             | 2032-02-18      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Magenta Security Holdings LLC                     | Magenta Security Holdings, LLC First Out TL 1L      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    967621 | PA      | $796133.99    | 0.42%             | 2028-07-27      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Sound Point Clo Ltd                               | Sound Point CLO XXXII, Ltd.                         | CUSIP: 83616FAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $915072.00    | 0.49%             | 2034-10-25      | Floating      | 11.28%                | Yes           |                  3 | On Loan: No      |
| Prime Security Services Borrower LLC              | Prime Sec Services Borrower LLC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    860865 | PA      | $854072.78    | 0.46%             | 2032-03-07      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holding                          | White Cap Buyer LLC                                 | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    633439 | PA      | $634284.70    | 0.34%             | 2029-10-19      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Flutter Financing Bv                              | Flutter Financing BV                                | CUSIP: N3313EAG5<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |   1786928 | PA      | $1784247.34   | 0.95%             | 2030-11-30      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                    | R1 RCM 10/24 Cov-Lite TLB                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    532632 | PA      | $533061.05    | 0.28%             | 2031-11-19      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Peer Holding III B.V.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    319679 | PA      | $320379.39    | 0.17%             | 2032-09-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| St. George's University Scholastic Services LLC   | St. George's University Scholastic Services LLC     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    676838 | PA      | $667602.28    | 0.36%             | 2029-02-10      | Floating      | 9.65%                 | No            |                  2 | On Loan: No      |
| Zuora Inc                                         | Zuora 12/24 Cov-Lite TLB                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    590000 | PA      | $586976.25    | 0.31%             | 2032-02-14      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Ion Trading Technologies Sa                       | ION Trading Technologies Sarl                       | CUSIP: L5582BAZ0<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | LON              | CORP              | LU        |   1592709 | PA      | $1594452.88   | 0.85%             | 2028-04-01      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Imagine Learning  LLC                             | Imagine Learning LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1135625 | PA      | $986648.03    | 0.53%             | 2029-12-21      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Pmhc Ii Inc                                       | Vibrantz Technologies, Inc.                         | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    994885 | PA      | $806359.20    | 0.43%             | 2029-04-21      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Delta 2 Lux Sarl                                  | Delta 2 Lux Sarl                                    | CUSIP: L2465BAW6<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |    333333 | PA      | $334011.66    | 0.18%             | 2031-09-30      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| CohnReznick Advisory LLC                          | COHNREZNICK ADVISORY LLC                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    580528 | PA      | $582344.73    | 0.31%             | 2032-03-31      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Vaco Holdings LLC                                 | Vaco Holdings, LLC                                  | CUSIP: N/A<br>LEI: 54930076HTNXBP03T379       | Long             | LON              | CORP              | US        |   1456302 | PA      | $1258143.00   | 0.67%             | 2029-01-21      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| Action Environmental Gro                          | Action Environmental Group, Inc.                    | CUSIP: 00507JAF3<br>LEI: 549300BB30QUQC86W666 | Long             | LON              | CORP              | US        |   2267348 | PA      | $2270181.77   | 1.21%             | 2030-10-24      | Floating      | 7.25%                 | No            |                  3 | On Loan: No      |
| American Greetings Corp                           | American Greetings Corp.                            | CUSIP: 02639DAN6<br>LEI: 549300WMJOT8C9DNMF90 | Long             | LON              | CORP              | US        |    832556 | PA      | $836198.28    | 0.45%             | 2029-10-30      | Floating      | 9.91%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Stonepeak Bayou Holdings LP                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    241644 | PA      | $241644.12    | 0.13%             | 2032-09-24      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Sandisk Corp                                      | SanDisk 12/24 Cov-Lite                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    974599 | PA      | $977649.42    | 0.52%             | 2032-02-20      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Ai Aqua Merger Sub Inc                            | AI Aqua Merger Sub, Inc.                            | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |    308586 | PA      | $309544.43    | 0.17%             | 2028-07-31      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                     | TransDigm, Inc.                                     | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    501599 | PA      | $501917.44    | 0.27%             | 2031-02-28      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| US Fertility Enterprises LLC                      | US Fertility 10/24 Delayed TL 1L                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     13531 | PA      | $13582.05     | 0.01%             | 2031-10-11      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Tricorbraun Holdings, Inc.                        | Tricorbraun Holdings, Inc.                          | CUSIP: N/A<br>LEI: 2549009AB5YVVW5J1U62       | Long             | LON              | CORP              | US        |    788210 | PA      | $785372.73    | 0.42%             | 2028-03-03      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield Us                            | Cushman & Wakefield US Borrower LLC                 | CUSIP: 23340DAX0<br>LEI: 549300870CMN3WI5IF97 | Long             | LON              | CORP              | US        |    491888 | PA      | $493938.72    | 0.26%             | 2030-01-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Signia Aerospace LLC                              | Signia Aerospace LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     29304 | PA      | $29395.62     | 0.02%             | 2031-12-11      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Dechra Pharmaceuticals Holdings Limited           | Dechra Pharmaceuticals                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    998424 | PA      | $1001753.36   | 0.53%             | 2032-01-27      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Arcline FM Holdings LLC                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     37329 | PA      | $37393.32     | 0.02%             | 2032-09-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Rvr Dealership Holdings                           | RVR Dealership Holdings LLC                         | CUSIP: 75001CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1345019 | PA      | $1274593.73   | 0.68%             | 2028-02-08      | Floating      | 11.87%                | No            |                  2 | On Loan: No      |
| Alterra Mountain Co                               | Alterra Mountain Co                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    112807 | PA      | $113160.29    | 0.06%             | 2030-05-31      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Flutter Entertainment PLC                         | Flutter Entertainment Public Limited                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | IE        |    178299 | PA      | $178386.68    | 0.10%             | 2032-06-04      | Floating      | 10.63%                | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3 Inc                       | Fortress Intermediate 3 Inc                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2097421 | PA      | $2110530.29   | 1.13%             | 2031-06-27      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Alpha Generation Llc                              | Alpha Generation LLC                                | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |   1075616 | PA      | $1075481.39   | 0.57%             | 2031-09-30      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Fortis 333 Inc                                    | Fortis 333 Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    395000 | PA      | $393518.75    | 0.21%             | 2032-03-27      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Altar Bidco Inc                                   | Altar Bidco, Inc.                                   | CUSIP: 02090CAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    994872 | PA      | $996010.93    | 0.53%             | 2029-02-01      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| Midocean Credit Clo                               | Midocean Credit Clo XXI                             | CUSIP: 59790AAA5<br>LEI: 254900LHC18VUV4A5266 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005000.00   | 0.54%             | 2038-10-20      | Floating      | 5.00%                 | Yes           |                  3 | On Loan: No      |
| SolarWinds Holdings Inc                           | STARLIGHT PARENT LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    852649 | PA      | $838793.46    | 0.45%             | 2032-04-16      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Buckeye Partners LP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    386967 | PA      | $387867.15    | 0.21%             | 2032-09-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC            | Cushman & Wakefield US Borrower LLC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    458959 | PA      | $460682.26    | 0.25%             | 2030-01-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc               | Clydesdale Acquisition Holdings, Inc.               | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   1534234 | PA      | $1533604.88   | 0.82%             | 2032-04-01      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                         | ATLAS CC ACQUISITION CORP                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    188142 | PA      | $109181.86    | 0.06%             | 2029-05-29      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Valvoline Inc                                     | Valvoline, Inc.                                     | CUSIP: 92048DAF9<br>LEI: 549300CMHPBEY6VPOT75 | Long             | LON              | CORP              | US        |    317585 | PA      | $319040.75    | 0.17%             | 2032-03-19      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| MX Holdings US                                    | Minimax Viking GmbH                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |    632385 | PA      | $633965.81    | 0.34%             | 2032-03-17      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Viavi Solutions Inc                               | Viavi Solutions Inc                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    185955 | PA      | $186690.99    | 0.10%             | 2032-06-11      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Outcomes Group Holdings                           | OUTCOMES GROUP HOLDING INC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    576084 | PA      | $579993.10    | 0.31%             | 2031-05-06      | Floating      | 10.14%                | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                    | Cloudera, Inc.                                      | CUSIP: N/A<br>LEI: 549300PGONC4JOI0RG62       | Long             | LON              | CORP              | US        |   1013244 | PA      | $999520.10    | 0.53%             | 2028-10-08      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| As Mileage Plan Ip Ltd.                           | AS Mileage Plan IP Ltd                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | KY        |    422891 | PA      | $424652.64    | 0.23%             | 2031-10-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc                             | American Airlines, Inc.                             | CUSIP: 02376CAX3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    226486 | PA      | $226109.08    | 0.12%             | 2027-01-29      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc                               | Rocket Software, Inc.                               | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |    361670 | PA      | $362876.11    | 0.19%             | 2028-11-28      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| TTF Holdings LLC                                  | TTF Holdings LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1154078 | PA      | $1096373.90   | 0.59%             | 2031-07-18      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Apex Group Treasury Llc                           | Apex Group Treasury LLC                             | CUSIP: G0472CAK1<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |   1421543 | PA      | $1393112.24   | 0.74%             | 2032-02-27      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Padagis LLC                                       | Padagis LLC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    661172 | PA      | $591749.12    | 0.32%             | 2028-07-06      | Floating      | 9.29%                 | No            |                  2 | On Loan: No      |
| Secretariat Advisors Llc                          | Secretariat Advisors LLC                            | CUSIP: 81368NAN5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    294224 | PA      | $295145.17    | 0.16%             | 2032-02-28      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| MJH Healthcare Holdings, LLC                      | MJH Healthcare Holdings LLC aka MJH Life Sciences   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    412084 | PA      | $411440.79    | 0.22%             | 2029-01-29      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Lightning Power LLC                               | Lightning Power 8/24 TLB                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1378746 | PA      | $1379352.61   | 0.74%             | 2031-08-18      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                         | ATLAS CC ACQUISITION CORP                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1313968 | PA      | $762515.38    | 0.41%             | 2029-05-01      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Gip Pilot Acquisition Pa                          | GIP Pilot Acquisition Partners LP                   | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |    342880 | PA      | $343094.46    | 0.18%             | 2030-10-04      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                          | Cloud Software Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    963667 | PA      | $967719.42    | 0.52%             | 2032-08-09      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| Air Canada                                        | Air Canada                                          | CUSIP: C0102MAS4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | LON              | CORP              | CA        |    636205 | PA      | $637200.40    | 0.34%             | 2031-03-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Caesars Entertain Inc                             | Caesars Entertainment, Inc.                         | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    158958 | PA      | $158792.85    | 0.08%             | 2031-02-06      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Skopima Consilio Parent                           | Skopima Consilio Parent, LLC                        | CUSIP: 36171NAG1<br>LEI: 254900K3R60UMIODZD21 | Long             | LON              | CORP              | US        |   1106655 | PA      | $943080.00    | 0.50%             | 2028-05-15      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Magenta Security Holdings LLC                     | Magenta Security Holdings, LLC Third Out 1L TL      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    180236 | PA      | $37124.12     | 0.02%             | 2028-07-27      | Floating      | 11.37%                | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                  | Modena Buyer LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    513839 | PA      | $508151.07    | 0.27%             | 2031-07-01      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Karman Holdings LLC                               | KARMAN HLDGS LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    668640 | PA      | $672819.00    | 0.36%             | 2032-04-01      | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| ASP Blade Holdings, Inc.                          | ASP BLADE HLDGS INC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    516520 | PA      | $403014.57    | 0.22%             | 2029-10-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco                           | Allied Universal Holdco LLC                         | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   2557009 | PA      | $2569512.47   | 1.37%             | 2032-08-20      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Citco Funding LLC                                 | CITCO FDG LLC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1906517 | PA      | $1913837.58   | 1.02%             | 2028-04-27      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| BEP Intermediate Holdco, LLC                      | BEP Intermediate Holdco                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    364723 | PA      | $366548.71    | 0.20%             | 2031-04-28      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| ConnectWise LLC                                   | Connectwise, LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1047002 | PA      | $1050274.32   | 0.56%             | 2028-09-29      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| Spdr Blackstone Senior Loan Etf                   | SPDR Blackstone Senior Loan ETF                     | CUSIP: 78467V608<br>LEI: 549300ME4SR63Y3TRD06 | Long             | EC               | RF                | US        |     33000 | NS      | $1372140.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Azuria Water Solutions Inc                        | Azuria Water Solution Inc                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     48390 | PA      | $48510.58     | 0.03%             | 2028-05-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ivanti Security Holdings LLC                      | Ivanti Software, Inc.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    250738 | PA      | $209491.78    | 0.11%             | 2029-06-01      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| Xplor T1 Llc                                      | XPLOR T1 LLC                                        | CUSIP: 98423DAE4<br>LEI: 254900GF3CVSREM2EJ05 | Long             | LON              | CORP              | US        |      1382 | PA      | $1384.23      | 0.00%             | 2031-06-24      | Floating      | 7.80%                 | No            |                  3 | On Loan: No      |
| Fcg Acquisitions Inc                              | FCG Acquisitions, Inc.                              | CUSIP: 30260UAK1<br>LEI: 254900BHD5AK9H7EKF91 | Long             | LON              | CORP              | US        |    748497 | PA      | $751071.74    | 0.40%             | 2028-03-31      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Armor Holdco Inc                                  | Armor Holdco, Inc.                                  | CUSIP: 04225VAH5<br>LEI: 254900X6HLK0YPTHHF09 | Long             | LON              | CORP              | US        |   1842023 | PA      | $1845246.68   | 0.98%             | 2028-12-11      | Floating      | 12.16%                | No            |                  2 | On Loan: No      |
| Synechron Inc                                     | Synechron Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    977550 | PA      | $975106.13    | 0.52%             | 2031-10-03      | Floating      | 11.79%                | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                        | DAE Aviation 10/24 TLB2                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    159361 | PA      | $159602.18    | 0.09%             | 2031-10-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Amwins Group Inc                                  | AmWINS Group, Inc.                                  | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    281765 | PA      | $281947.19    | 0.15%             | 2032-01-30      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                  | Southern Veterinary Partners LLC                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    881282 | PA      | $880643.01    | 0.47%             | 2031-12-04      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Alera Group Inc                                   | Alera Group Inc                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    994095 | PA      | $998921.14    | 0.53%             | 2032-05-21      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Camelot Us Acquisition Llc                        | Camelot US Acquisition LLC                          | CUSIP: L2000AAF7<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |   1000000 | PA      | $995000.00    | 0.53%             | 2031-01-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Oscar Acquisitionco Llc                           | Oscar Acquisitionco LLC                             | CUSIP: 68778DAB4<br>LEI: 254900RDCZK0Q19MEL65 | Long             | LON              | CORP              | US        |    637483 | PA      | $596916.82    | 0.32%             | 2029-04-29      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Belron Finance 2019 LLC                           | Belron Finance 2019 LLC                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    663910 | PA      | $668062.73    | 0.36%             | 2031-10-16      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Ss&c Technologies Inc                             | SS&C Technologies, Inc.                             | CUSIP: 78466DBJ2<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    359379 | PA      | $360678.31    | 0.19%             | 2031-05-09      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                             | QUIKRETE HLDGS INC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1476781 | PA      | $1477534.11   | 0.79%             | 2032-02-10      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group Llc                          | Great Outdoors Group LLC                            | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |    799330 | PA      | $799929.08    | 0.43%             | 2032-01-23      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Madison Iaq Llc                                   | Madison IAQ LLC                                     | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   1085087 | PA      | $1091624.38   | 0.58%             | 2032-05-06      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                 | Alliant Holdings Intermediate LLC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    286457 | PA      | $285977.08    | 0.15%             | 2031-09-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                          | SCIH Salt Holdings, Inc.                            | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    971392 | PA      | $973514.10    | 0.52%             | 2029-01-31      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Freeport LNG Investments LLLP                     | Freeport LNG Investments LLLP                       | CUSIP: 35670CAC2<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    344147 | PA      | $344731.59    | 0.18%             | 2028-12-21      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| ITG Communications LLC                            | ITG Communications LLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    491500 | PA      | $486432.64    | 0.26%             | 2031-07-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Turquoise Topco LTD                               | TURQUOISE TOPCO LIMITED                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | JE        |    765461 | PA      | $766899.94    | 0.41%             | 2032-08-13      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| US Fertility Enterprises LLC                      | US Fertility 10/24 TLB 1L                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    296943 | PA      | $298056.13    | 0.16%             | 2031-10-11      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Osttra Group Ltd                                  | Osttra Group LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    161657 | PA      | $163003.82    | 0.09%             | 2032-05-03      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming Inc                             | Genesee & WY Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    961638 | PA      | $958964.26    | 0.51%             | 2031-04-10      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Kodiak BP LLC                                     | Kodiak Building Partners                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1027676 | PA      | $1024536.01   | 0.55%             | 2031-12-04      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| DG Investment Intermediate Holdings 2 Inc         | DG Investment Intermediate Holdings 2 Inc           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    862884 | PA      | $866840.61    | 0.46%             | 2032-07-09      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Qxo Building Products                             | QXO Building Products, Inc.                         | CUSIP: 07368RAJ0<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    208450 | PA      | $210431.94    | 0.11%             | 2032-04-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc                          | BMC Software 7/24 2nd Lien TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1255640 | PA      | $1226213.62   | 0.65%             | 2032-07-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| Transdigm Inc                                     | Transdigm Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    535659 | PA      | $535685.32    | 0.29%             | 2032-08-13      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                          | Cloud Software Group Inc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    550681 | PA      | $553384.90    | 0.30%             | 2032-08-13      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| LSF12 Crown US Commercial Bidco, LLC              | LSF12 Crown US Commercial Bidco, LLC                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1341488 | PA      | $1345264.57   | 0.72%             | 2031-12-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Ryan LLC                                          | Ryan LLC.                                           | CUSIP: 23308UAH7<br>LEI: 549300MEVHE2MC7B1Q38 | Long             | LON              | CORP              | US        |    588702 | PA      | $590597.32    | 0.32%             | 2030-11-14      | Floating      | 11.30%                | No            |                  2 | On Loan: No      |
| Mks Instruments Inc                               | MKS, Inc.                                           | CUSIP: 55314NAZ7<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |    456410 | PA      | $457313.79    | 0.24%             | 2029-08-17      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Rithum Holdings Inc                               | Rithum Holdings Inc                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    589800 | PA      | $590354.41    | 0.32%             | 2031-07-02      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                              | LX267476 HEARTL TL B 1L USD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    874437 | PA      | $874004.32    | 0.47%             | 2032-08-09      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Iris Holding Inc                                  | Iris Holding, Inc.                                  | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |   1462279 | PA      | $1423178.04   | 0.76%             | 2028-06-28      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| Cengage Learning Inc                              | Cengage Learning, Inc.                              | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |   1347563 | PA      | $1345737.22   | 0.72%             | 2031-03-24      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Trucordia Insurance Hold                          | Trucordia Insurance Holdings LLC                    | CUSIP: 89783WAB1<br>LEI: 254900KYYP47CV7DMK95 | Long             | LON              | CORP              | US        |    550791 | PA      | $552856.61    | 0.30%             | 2032-06-12      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Ticp Clo Ltd                                      | TICP CLO XI, Ltd.                                   | CUSIP: 87249RAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $507099.50    | 0.27%             | 2037-04-25      | Floating      | 11.02%                | Yes           |                  3 | On Loan: No      |
| Tenneco Inc                                       | Tenneco, Inc.                                       | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |   1049624 | PA      | $1030353.36   | 0.55%             | 2028-11-17      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Romark Clo Ltd                                    | Romark CLO - IV, Ltd.                               | CUSIP: 77588MAA7<br>LEI: 549300HD9K8XL8QM2Z46 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000050.00   | 0.53%             | 2034-07-10      | Floating      | 11.54%                | Yes           |                  3 | On Loan: No      |
| Boots Group Finco LP                              | Boots Group Finco LP                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    218131 | PA      | $218993.95    | 0.12%             | 2032-07-19      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| Eisner Advisory Group LLC                         | Eisner Advisory Group LLC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    957492 | PA      | $964452.88    | 0.51%             | 2031-02-28      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Green Infrastructure Partners Inc                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    337958 | PA      | $338698.16    | 0.18%             | 2032-09-18      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                     | Peraton Corp.                                       | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   1780448 | PA      | $1506151.78   | 0.80%             | 2028-02-01      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| Loyalty Ventures Inc                              | Loyalty Ventures Inc                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    462410 | NS      | $4624.10      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Genesys Cloud Services                            | Genesys Cloud Services, Inc.                        | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |    157696 | PA      | $156891.28    | 0.08%             | 2032-01-30      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| Lti Holdings Inc                                  | LTI Holdings, Inc.                                  | CUSIP: 50217UBF3<br>LEI: 5493003GUY3WBOTOAP97 | Long             | LON              | CORP              | US        |   1347285 | PA      | $1361000.24   | 0.73%             | 2029-07-29      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| AlixPartners LLP                                  | AlixPartners LLP                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1727844 | PA      | $1718124.66   | 0.92%             | 2032-08-12      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Weber-Stephen Products LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    285963 | PA      | $283371.89    | 0.15%             | 2032-09-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ivanti Security Holdings LLC                      | Ivanti Software, Inc.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    542687 | PA      | $252688.43    | 0.13%             | 2029-06-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance Inc         | Apollo Commercial Real Estate Finance Inc           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    330499 | PA      | $333082.05    | 0.18%             | 2030-06-05      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Savage Enterprises Llc                            | Savage Enterprises LLC                              | CUSIP: 80465JAJ7<br>LEI: 549300OONATO5UYKLU88 | Long             | LON              | CORP              | US        |    300764 | PA      | $301382.33    | 0.16%             | 2032-08-04      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Hanger Inc                                        | Hanger, Inc.                                        | CUSIP: 41043BAH1<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |    414419 | PA      | $415817.27    | 0.22%             | 2031-10-23      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                         | STONEPEAK NILE PARENT LLC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    407665 | PA      | $408021.27    | 0.22%             | 2032-04-09      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Vertex Aerospace Services Corp                    | Vertex Aerospace Corp.                              | CUSIP: N/A<br>LEI: 549300YOTFEWSPUJ2D47       | Long             | LON              | CORP              | US        |      2222 | PA      | $2222.93      | 0.00%             | 2030-12-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Herschend Entertainment Co LLC                    | Herschend Entertainment Co LLC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    243191 | PA      | $244406.58    | 0.13%             | 2032-05-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| BCPE Empire Holdings Inc                          | BCPE EMPIRE HLDGS INC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    319251 | PA      | $319038.32    | 0.17%             | 2030-12-11      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Coral US Co-Borrower LLC                          | Cable & Wireless 1/25 B7                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1194325 | PA      | $1184125.44   | 0.63%             | 2032-02-02      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Starwood Property Mortgage LLC                    | Starwood Property Mortgage LLC                      | CUSIP: 85570DAP7<br>LEI: 5493008SB15CNJRIOK13 | Long             | LON              | CORP              | US        |    324780 | PA      | $325693.99    | 0.17%             | 2032-08-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| EG America LLC                                    | EG America LLC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1231311 | PA      | $1239991.44   | 0.66%             | 2028-02-07      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Regatta Xviii Funding Ltd                         | Regatta XVIII Funding, Ltd.                         | CUSIP: 75884HAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004452.00   | 0.54%             | 2038-04-15      | Floating      | 9.02%                 | Yes           |                  3 | On Loan: No      |
| New Amentum Pubco                                 | Amentum/Amazon Holdco 7/24 TLB 1L                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    430773 | PA      | $431244.53    | 0.23%             | 2031-09-29      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Caesars Entertain Inc                             | Caesars Entertainment, Inc.                         | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    491397 | PA      | $491267.06    | 0.26%             | 2030-02-06      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| First Advantage Holdings LLC                      | First Advantage Holdings LL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    791176 | PA      | $774117.79    | 0.41%             | 2031-10-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Tamko Building Products Inc                       | Tamko Building Products LLC                         | CUSIP: 87510EAD1<br>LEI: 5493003VQCGZ0AORLH30 | Long             | LON              | CORP              | US        |    247997 | PA      | $249003.85    | 0.13%             | 2030-09-20      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Zacapa SARL                                       | Ufinet/Zacapa 10/24 TL                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |   1539325 | PA      | $1543365.79   | 0.82%             | 2029-03-22      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Ovg Business Services                             | Ovg Business Services LLC                           | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    517796 | PA      | $518119.81    | 0.28%             | 2031-06-25      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| MJH Healthcare Holdings, LLC                      | MJH Healthcare Holdings LLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2068972 | PA      | $2065744.37   | 1.10%             | 2029-01-29      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Ursa Minor US Bidco LLC aka Rosen                 | Ursa Minor US Bidco LLC aka Rosen                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    933967 | PA      | $938286.73    | 0.50%             | 2031-03-26      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| United Airlines Inc                               | United Airlines, Inc.                               | CUSIP: 90932RAP9<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |    933117 | PA      | $937199.25    | 0.50%             | 2031-02-22      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Abg Intermediate Hldgs 2                          | ABG Intermediate Holdings 2 LLC                     | CUSIP: 00076VBM1<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    694060 | PA      | $693918.22    | 0.37%             | 2032-02-13      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Husky Injection Molding Systems Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    450719 | PA      | $452469.55    | 0.24%             | 2029-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                  | Carlyle US CLO 2022-6, Ltd.                         | CUSIP: 14317GAS2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1008166.00   | 0.54%             | 2036-10-25      | Floating      | 9.07%                 | Yes           |                  3 | On Loan: No      |
| Webpros Luxembourg Sarl                           | Webpros Luxembourg Sarl                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    302135 | PA      | $303836.31    | 0.16%             | 2031-03-28      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance Bv                                | Nouryon Finance BV                                  | CUSIP: N8232NAL1<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    912532 | PA      | $915196.11    | 0.49%             | 2028-04-03      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                               | TransDigm Inc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     75294 | PA      | $75304.54     | 0.04%             | 2030-03-22      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Informatio                          | Iron Mountain Information Management LLC            | CUSIP: 46284NAV1<br>LEI: 5493009M0X1LQXGBWV02 | Long             | LON              | CORP              | US        |    461515 | PA      | $462380.12    | 0.25%             | 2031-01-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                | VOYAGER PARENT LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    744800 | PA      | $747224.31    | 0.40%             | 2032-05-08      | Floating      | 12.43%                | No            |                  2 | On Loan: No      |
| Nrg Energy Inc                                    | NRG Energy 3/24 Cov-Lite                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1744862 | PA      | $1746990.85   | 0.93%             | 2031-04-16      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Arcline Fm Holdings Llc                           | Arcline FM Holdings LLC                             | CUSIP: 03960DAH6<br>LEI: 2549000HKCEC1E8UTO17 | Long             | LON              | CORP              | US        |    206075 | PA      | $206429.15    | 0.11%             | 2030-06-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Pediatric Associates Hol                          | Pediatric Associates Holding Co. LLC                | CUSIP: 70533DAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    827204 | PA      | $792986.63    | 0.42%             | 2028-12-29      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Lsf11 Trinity Bidco Inc                           | LSF11 Trinity Bidco, Inc.                           | CUSIP: 50221BAG8<br>LEI: 2549000M6VOEWVW5JU51 | Long             | LON              | CORP              | US        |   1155843 | PA      | $1158009.88   | 0.62%             | 2030-06-17      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Snacking Investments Us                           | Snacking Investments BidCo Pty, Ltd.                | CUSIP: Q8531PAE7<br>LEI: 549300W8K88D3SM86Y18 | Long             | LON              | CORP              | US        |   1133019 | PA      | $1140632.98   | 0.61%             | 2026-12-18      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Oeg Borrower Llc                                  | Opry Entertainment/OEG                              | CUSIP: 67115HAG8<br>LEI: 254900UUVX9EYPUMP391 | Long             | LON              | CORP              | US        |    337302 | PA      | $339832.14    | 0.18%             | 2031-06-30      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                               | Peer Hldg III BV                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    538261 | PA      | $539496.49    | 0.29%             | 2031-07-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Barentz International B.V.                        | Barentz Intl BV                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    366237 | PA      | $367106.92    | 0.20%             | 2031-03-03      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| BroadStreet Partners Inc                          | BroadStreet Partners Inc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    532964 | PA      | $534062.28    | 0.29%             | 2031-06-13      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Plano HoldCo Inc                                  | Perficient/Plano 8/24 TLB 1L                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    676439 | PA      | $662909.98    | 0.35%             | 2031-10-02      | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| Central Parent Llc                                | Central Parent LLC                                  | CUSIP: 15477BAE7<br>LEI: 5493000L10CYRTHIJ385 | Long             | LON              | CORP              | US        |   1545454 | PA      | $1340750.89   | 0.72%             | 2029-07-06      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                      | Ares LXI CLO, Ltd.                                  | CUSIP: 04019DAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1008557.00   | 0.54%             | 2037-04-20      | Floating      | 8.22%                 | Yes           |                  3 | On Loan: No      |
| Sanders Industries Holdings Inc                   | Kaman 1/25 Delayed TL 1L                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     63139 | PA      | $63009.32     | 0.03%             | 2032-02-26      | Floating      | 3.39%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Project Aurora US Finco Inc                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    214472 | PA      | $215142.26    | 0.11%             | 2032-09-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Belfor Holdings Inc                               | Belfor Holdings Inc                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    273558 | PA      | $275098.16    | 0.15%             | 2030-11-04      | Floating      | 9.66%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                             | QUIKRETE HLDGS INC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1462217 | PA      | $1463423.57   | 0.78%             | 2031-04-14      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Ait Worldwide Logistic H                          | AIT Worldwide Logistics Holdings, Inc.              | CUSIP: 00145AAE3<br>LEI: 254900VTA1PQ24OMBP16 | Long             | LON              | CORP              | US        |    419563 | PA      | $421094.07    | 0.22%             | 2030-04-08      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Asurion Llc                                       | Asurion LLC                                         | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    619686 | PA      | $604968.46    | 0.32%             | 2028-01-31      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corp                     | Olympus Water US Holding Corp                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    176095 | PA      | $175089.39    | 0.09%             | 2032-07-26      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SAZERAC CO INC                                    | SAZERAC CO INC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    553344 | PA      | $557342.28    | 0.30%             | 2032-06-25      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding Inc            | Project Alpha (Qlik)                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    254056 | PA      | $252785.70    | 0.13%             | 2033-05-09      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| LJ Ruby Holdings LLC                              | Kaman 1/25 Cov-Lite TLB                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    669274 | PA      | $667898.76    | 0.36%             | 2032-02-26      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| Froneri US Inc                                    | FRONERI INTL LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    609401 | PA      | $608843.00    | 0.32%             | 2032-07-16      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Stubhub Holdco Sub Llc                            | StubHub Holdco Sub LLC                              | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |    728689 | PA      | $724134.92    | 0.39%             | 2030-03-15      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| DTI Holdco, Inc.                                  | DTI Holdco Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    509348 | PA      | $455231.93    | 0.24%             | 2029-04-26      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                        | Restoration Hardware, Inc. TLB 1L                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    994832 | PA      | $970652.65    | 0.52%             | 2028-10-20      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Planview Parent Inc                               | Planview Parent, Inc.                               | CUSIP: 72751PAJ3<br>LEI: 549300SEALM1D9FKMA32 | Long             | LON              | CORP              | US        |    426934 | PA      | $421330.17    | 0.22%             | 2027-12-17      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| 1011778 Bc Ulc                                    | 1011778 BC UNLIMITED LIABILITY CO                   | CUSIP: C6901LAM9<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |    877286 | PA      | $875457.22    | 0.47%             | 2030-09-20      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Merlin Buyer Inc.                                 | Bettcher Industries, Inc.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1180098 | PA      | $1185998.45   | 0.63%             | 2028-12-14      | Floating      | 8.00%                 | No            |                  3 | On Loan: No      |
| American Airlines Inc                             | American Airlines, Inc.                             | CUSIP: 02376CBR5<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    838099 | PA      | $837922.67    | 0.45%             | 2028-02-15      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| S&S Holdings LLC                                  | S&S Holdings LLC                                    | CUSIP: 78524HAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    608133 | PA      | $607047.92    | 0.32%             | 2028-03-11      | Floating      | 14.22%                | No            |                  2 | On Loan: No      |
| N/A                                               | Global Medical Response Inc                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2820658 | PA      | $2824691.55   | 1.51%             | 2032-09-01      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Proampac Pg Borrower Llc                          | ProAmpac PG Borrower LLC                            | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |    584708 | PA      | $587631.05    | 0.31%             | 2028-09-15      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser, LLC                      | Project Boost Purchaser, LLC aka JD Power/Autodata  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    304359 | PA      | $303862.52    | 0.16%             | 2031-07-16      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc               | Clydesdale Acquisition Holdings, Inc.               | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |     26822 | PA      | $26811.27     | 0.01%             | 2032-04-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CPI Holdco B LLC                                  | CPI Holdco B LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1043894 | PA      | $1043893.69   | 0.56%             | 2031-05-17      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                              | Cotiviti, Inc.                                      | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    589800 | PA      | $580215.75    | 0.31%             | 2032-03-26      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Access CIG LLC                                    | ACCESS CIG LLC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1120882 | PA      | $1125634.79   | 0.60%             | 2032-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Virtusa Corp                                      | Virtusa Corp.                                       | CUSIP: 92828KAP7<br>LEI: C77OMXDER63WLJCSKT03 | Long             | LON              | CORP              | US        |    726904 | PA      | $719635.27    | 0.38%             | 2029-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Covia Holdings Corporation                        | Covia Holdings LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    334164 | PA      | $336461.69    | 0.18%             | 2032-02-26      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Superannuation and Investments US LLC             | Superannuation and Investments US LLC               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     94796 | PA      | $95400.15     | 0.05%             | 2028-12-01      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Kestra Advisor Services                           | Kestra Advisor Services Holdings A, Inc.            | CUSIP: 49255BAK0<br>LEI: 254900WH55RU999OY504 | Long             | LON              | CORP              | US        |    703942 | PA      | $704930.56    | 0.38%             | 2031-03-21      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Socotec US Holding Inc                            | socotec us holding inc                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    662596 | PA      | $668393.22    | 0.36%             | 2031-06-02      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Cent Clo Lp                                       | Columbia Cent CLO 34, Ltd.                          | CUSIP: 19739CAA9<br>LEI: 254900PPDK716J78RD92 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1533124.50   | 0.82%             | 2038-01-25      | Floating      | 11.17%                | Yes           |                  3 | On Loan: No      |
| Cornerstone OnDemand, Inc.                        | Cornerstone OnDemand, Inc.                          | CUSIP: N/A<br>LEI: 549300Z402F16H5EGH48       | Long             | LON              | CORP              | US        |   1752786 | PA      | $1692814.08   | 0.90%             | 2028-10-16      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| ThoughtWorks, Inc.                                | ThoughtWorks, Inc.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     47371 | PA      | $46559.42     | 0.02%             | 2028-03-24      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                          | Vistra Operations Co. LLC                           | CUSIP: 88233FAK6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | LON              | CORP              | US        |   1425353 | PA      | $1428966.19   | 0.76%             | 2030-12-20      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Novaria Holdings, LLC                             | Novaria Holdings, LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    786142 | PA      | $788272.79    | 0.42%             | 2031-06-06      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc                            | Radiology Partners Inc                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1410097 | PA      | $1409363.30   | 0.75%             | 2032-06-26      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Cor                          | Gainwell Acquisition Corp.                          | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1739282 | PA      | $1714932.42   | 0.92%             | 2027-10-01      | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| Cube Industrials buyer, Inc.                      | Cube Industrials 10/24                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    284892 | PA      | $286494.34    | 0.15%             | 2031-10-17      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Loire Finco Luxembourg Sarl                       | Loire Finco Luxembourg Sa rl TLB                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    916353 | PA      | $920018.05    | 0.49%             | 2030-01-21      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR GROUP HOLDINGS INC                       | Endeavor 1/25 Cov-Lite                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1333832 | PA      | $1336999.83   | 0.71%             | 2032-03-24      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| TCP Sunbelt Acquisition Co                        | Sunbelt Transformer 10/24                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    298111 | PA      | $299352.97    | 0.16%             | 2031-10-24      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| MIWD Holdco II LLC                                | Miter Brands Acquisition Holdco Inc.                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    954668 | PA      | $959374.78    | 0.51%             | 2031-03-28      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Trident Tpi Holdings Inc                          | Trident TPI Holdings, Inc.                          | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |   1271873 | PA      | $1251338.59   | 0.67%             | 2028-09-15      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco GmbH                            | TK Elevator Midco GmbH                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |    546373 | PA      | $548348.11    | 0.29%             | 2030-04-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Cqp Holdco Lp                                     | CQP Holdco LP                                       | CUSIP: 12657QAE3<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |    548625 | PA      | $549258.66    | 0.29%             | 2030-12-31      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| New Mountain Clo 1 Ltd                            | New Mountain CLO 1, Ltd.                            | CUSIP: 64755AAG5<br>LEI: 5493000BYT2KQ1EMLL07 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004298.00   | 0.54%             | 2038-01-15      | Floating      | 9.57%                 | Yes           |                  3 | On Loan: No      |
| Park River Holdings, Inc.                         | Park River Holdings, Inc.                           | CUSIP: N/A<br>LEI: 254900PGY077KWCROT75       | Long             | LON              | CORP              | US        |    361981 | PA      | $362433.95    | 0.19%             | 2027-12-28      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Arsenal Aic Parent Llc                            | Arsenal AIC Parent LLC                              | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    338231 | PA      | $338653.83    | 0.18%             | 2030-08-18      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LX269776 TKO TL B4 1L USD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    780535 | PA      | $782595.81    | 0.42%             | 2031-11-21      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                          | Pathway Vet Alliance LLC TLA 1L                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    508218 | PA      | $514344.19    | 0.27%             | 2028-06-30      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| Envision Healthcare Corporation                   | Envision Healthcare Corp. Equity                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     29091 | NS      | $466668.22    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Shift4 Payments, LLC                              | Shift4 Payments LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    312203 | PA      | $314934.80    | 0.17%             | 2032-05-10      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Javelin Buyer Inc                                 | JAVELIN BUYER INC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    490908 | PA      | $490908.22    | 0.26%             | 2031-12-12      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Perforce Software, Inc.                           | Perforce Software, Inc.                             | CUSIP: 71376GAK7<br>LEI: 549300322GBMUSL1VG17 | Long             | LON              | CORP              | US        |   1059235 | PA      | $977917.88    | 0.52%             | 2029-07-02      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Pinnacle Buyer LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     83934 | PA      | $84144.24     | 0.04%             | 2032-09-11      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Mcgraw-hill Education                             | McGraw-Hill Education, Inc.                         | CUSIP: 58063DAG8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | LON              | CORP              | US        |    268164 | PA      | $268562.15    | 0.14%             | 2031-08-06      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco Inc                                 | Mermaid Bidco Inc aka Datasite TL 1L                | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |    818074 | PA      | $818245.31    | 0.44%             | 2031-07-03      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Quartz Acquireco LLC                              | Quartz Acquired, LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1530685 | PA      | $1529414.27   | 0.82%             | 2030-06-28      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| June Purchaser, LLC                               | June Purchaser/Janney Montgomery 9/24 Delayed TL 1  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    109584 | PA      | $110040.73    | 0.06%             | 2031-11-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Tidal Waste & Recycling Holdings LLC              | Tidal Waste 10/24 TLB 1L                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    782040 | PA      | $787580.75    | 0.42%             | 2031-10-24      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Vista Management Holding Inc.                     | VISTA MGMT HLDG INC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1036410 | PA      | $1045048.74   | 0.56%             | 2031-04-01      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Hold                            | Blackhawk Network Holdings, Inc.                    | CUSIP: 09238FAM3<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |   1141693 | PA      | $1147492.68   | 0.61%             | 2029-03-12      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services Inc                       | CHG Healthcare Services Inc                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    363128 | PA      | $363628.65    | 0.19%             | 2028-09-29      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Embecta Corp                                      | Embecta Corp, TLB                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1022875 | PA      | $1023902.89   | 0.55%             | 2029-03-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Idera Inc                                         | Idera INC                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1339005 | PA      | $1178324.59   | 0.63%             | 2028-03-02      | Floating      | 11.25%                | No            |                  2 | On Loan: No      |
| Secretariat Advisors Llc                          | Secretariat Advisors LLC                            | CUSIP: 81368NAP0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     35538 | PA      | $35648.78     | 0.02%             | 2032-02-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc                          | Boxer Parent Co., Inc.                              | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   1803652 | PA      | $1802804.38   | 0.96%             | 2031-07-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Regatta 32 Funding Ltd.                           | Regatta 32 Funding, Ltd.                            | CUSIP: 75884FAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1011033.00   | 0.54%             | 2038-07-25      | Floating      | 10.04%                | Yes           |                  3 | On Loan: No      |
| N/A                                               | Inception Holdco Sarl                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    741716 | PA      | $747279.05    | 0.40%             | 2032-09-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDWEST PHYSICIAN ADMINISTRATIVE SERVICES LLC     | Midwest Physcn Admin Srvcs LLC                      | CUSIP: N/A<br>LEI: 5493001F7B0DCPKBGK48       | Long             | LON              | CORP              | US        |   1108953 | PA      | $1036355.22   | 0.55%             | 2028-03-12      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| Entain PLC                                        | Entain Holdings Gibraltar Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GI        |   1281291 | PA      | $1282572.30   | 0.68%             | 2029-10-31      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Victory Capital Holdings Inc                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    340458 | PA      | $340246.56    | 0.18%             | 2032-09-10      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| Wand Newco 3 Inc                                  | Wand NewCo 3, Inc.                                  | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |      1295 | PA      | $1292.47      | 0.00%             | 2031-01-30      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| GTCR Everest Borrower LLC                         | GTCR Everest Borrower LLC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    162962 | PA      | $163153.07    | 0.09%             | 2031-09-05      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| MOTION FINCO LLC                                  | MOTION FINCO LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    309068 | PA      | $278393.36    | 0.15%             | 2029-11-12      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Cedar Funding Ltd                                 | Cedar Funding XIV CLO, Ltd.                         | CUSIP: 15033GAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1375000 | PA      | $1390349.13   | 0.74%             | 2037-10-15      | Floating      | 11.71%                | Yes           |                  3 | On Loan: No      |
| Focus Financial Partners, LLC                     | FOCUS FINL PARTNERS LLC                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1409701 | PA      | $1411632.63   | 0.75%             | 2031-09-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Proofpoint Inc                                    | Proofpoint Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     82490 | PA      | $82916.88     | 0.04%             | 2028-08-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Delta Topco Inc                                   | Delta Topco, Inc.                                   | CUSIP: 24780DAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    810959 | PA      | $803205.86    | 0.43%             | 2029-11-30      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Dcert Buyer Inc                                   | Dcert Buyer, Inc.                                   | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |   1881655 | PA      | $1717009.98   | 0.92%             | 2029-02-19      | Floating      | 11.16%                | No            |                  2 | On Loan: No      |
| Transdigm Inc                                     | TransDigm, Inc.                                     | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    733741 | PA      | $734210.67    | 0.39%             | 2032-01-19      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Flynn Restaurant Group                            | Flynn Restaurant Group LP                           | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |   1915711 | PA      | $1920950.59   | 1.03%             | 2032-01-28      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| BBB Industries US Holdings Inc                    | Burgess Point Purchaser Corp.                       | CUSIP: N/A<br>LEI: 549300E8LIFU847L5F79       | Long             | LON              | CORP              | US        |   1435200 | PA      | $1252326.82   | 0.67%             | 2029-07-25      | Floating      | 9.51%                 | No            |                  2 | On Loan: No      |
| VT Topco Inc                                      | VT Topco, Inc. 12/24 1L                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    888214 | PA      | $862402.28    | 0.46%             | 2030-08-09      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Project Castle Inc                                | Project Castle, Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1478200 | PA      | $1229862.40   | 0.66%             | 2029-06-01      | Floating      | 9.72%                 | No            |                  2 | On Loan: No      |
| Mitchell International, Inc.                      | Mitchell International                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    514856 | PA      | $514967.15    | 0.27%             | 2031-06-17      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc                                | OSAIC HOLDINGS INC TL 1L                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1305424 | PA      | $1306168.09   | 0.70%             | 2032-07-17      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Agiliti Health Inc                                | Agiliti Health, Inc.                                | CUSIP: 00847YAE2<br>LEI: 25490002CCQ55NKGNB14 | Long             | LON              | CORP              | US        |    915029 | PA      | $879571.99    | 0.47%             | 2030-05-01      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Solstice Advanced Materials Inc                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    215704 | PA      | $216243.98    | 0.12%             | 2032-09-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Mcafee Corp                                       | McAfee Corp.                                        | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    984349 | PA      | $943129.52    | 0.50%             | 2029-03-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Orion US Finco                                    | Orion US Finco                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    560440 | PA      | $563942.28    | 0.30%             | 2032-05-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Acproducts Holdings Inc                           | ACProducts Holdings, Inc.                           | CUSIP: 00488YAB2<br>LEI: 254900KTNXVUUHWHBF39 | Long             | LON              | CORP              | US        |   2047388 | PA      | $1720502.31   | 0.92%             | 2028-05-17      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Servi                          | Mavis Tire Express Services Topco Corp.             | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    399699 | PA      | $400114.99    | 0.21%             | 2028-05-04      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                        | DAE Aviation 10/24 TLB1                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    418965 | PA      | $419599.27    | 0.22%             | 2031-10-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Apro LLC                                          | APRO LLC                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    360480 | PA      | $360750.72    | 0.19%             | 2031-07-09      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Storable Inc                                      | Storable Inc                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    293664 | PA      | $295010.45    | 0.16%             | 2031-04-16      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Abg Intermediate Hldgs 2                          | ABG Intermediate Holdings 2 LLC                     | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |       490 | PA      | $489.17       | 0.00%             | 2028-12-21      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Medical Solutions Holdings, Inc.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1108950 | PA      | $853891.75    | 0.46%             | 2028-11-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Pinnacle Buyer LLC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    436459 | PA      | $437550.01    | 0.23%             | 2032-09-11      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| Avalara Inc                                       | Avalara, Inc.                                       | CUSIP: 05338KAD9<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |   1386323 | PA      | $1388436.80   | 0.74%             | 2032-03-29      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| Jetblue Airways Corporation                       | Jetblue 8/24 TLB 1L                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    490500 | PA      | $471983.59    | 0.25%             | 2029-08-27      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Ahead 7/24                                        | Ahead 7/24 TLB3 1L                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    909451 | PA      | $911670.40    | 0.49%             | 2031-02-03      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| Reynolds Consumer Products LLC                    | Reynolds Consumer Products, LLC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    403559 | PA      | $405122.34    | 0.22%             | 2032-03-04      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit Clo, Limited                  | Bain Capital Credit CLO 2020-4, Ltd.                | CUSIP: 05684HAE4<br>LEI: 254900WBZ6L378GV6Q98 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1010194.00   | 0.54%             | 2036-10-20      | Floating      | 12.30%                | Yes           |                  3 | On Loan: No      |
| Bain Capital Credit Clo, Limited                  | Bain Capital Credit CLO 2022-3, Ltd.                | CUSIP: 05684NAJ0<br>LEI: 549300RZZ0GDV2ODIJ14 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1005528.00   | 0.54%             | 2035-07-17      | Floating      | 8.02%                 | Yes           |                  3 | On Loan: No      |
| Nouryon Finance Bv                                | Nouryon Finance BV                                  | CUSIP: N8232NAM9<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    419178 | PA      | $420031.18    | 0.22%             | 2028-04-03      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Help/Systems Holdings, Inc.                       | Help/Systems Holdings, Inc.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    826401 | PA      | $783482.09    | 0.42%             | 2026-11-19      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Berlin Packaging LLC                              | Berlin Packaging LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    398456 | PA      | $400109.48    | 0.21%             | 2031-06-09      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                     | Truist Insurance 3/24 2nd Lien Cov-Lite             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    298588 | PA      | $304607.17    | 0.16%             | 2032-05-06      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                    | R1 RCM 10/24 Cov-Lite                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     38141 | PA      | $38171.22     | 0.02%             | 2031-11-19      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower Llc                          | Boost Newco Borrower LLC                            | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |   1444038 | PA      | $1447799.96   | 0.77%             | 2031-01-31      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Globa                          | Citadel Securities Global Holdings LLC              | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    430827 | PA      | $432122.08    | 0.23%             | 2031-10-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CohnReznick Advisory LLC                          | COHNREZNICK ADVISORY LLC                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    134381 | PA      | $134802.02    | 0.07%             | 2032-03-31      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Ascensus Holdings Inc                             | Ascensus Holdings, Inc.                             | CUSIP: 03836BAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    517717 | PA      | $517932.08    | 0.28%             | 2028-08-02      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                       | Beach Acquisition Bidco LLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    244691 | PA      | $246169.89    | 0.13%             | 2032-06-28      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                      | Calpine Corp.                                       | CUSIP: 13134MBW2<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    667379 | PA      | $667451.96    | 0.36%             | 2031-01-31      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Vertiv Group Corp                                 | LX267674 VRT TL B 1L USD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1132490 | PA      | $1135128.43   | 0.61%             | 2032-08-09      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Aretec Group Inc                                  | Aretec Group, Inc.                                  | CUSIP: 04009DAH7<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |   1860290 | PA      | $1862317.82   | 0.99%             | 2030-08-09      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Corpay Technologies Operating Company, LLC        | Corpay Technologies Operating Company, LLC          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1580725 | PA      | $1579990.15   | 0.84%             | 2028-04-28      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Bingo Holdings I LLC                              | BINGO HLDGS I LLC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    681798 | PA      | $682865.51    | 0.36%             | 2032-06-13      | Floating      | 0.07%                 | No            |                  2 | On Loan: No      |
| Engineered Machinery Hol                          | Engineered Machinery Holdings, Inc.                 | CUSIP: 26658NAP4<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   1270926 | PA      | $1279663.26   | 0.68%             | 2028-05-19      | Floating      | 11.22%                | No            |                  2 | On Loan: No      |
| Octagon 75 Ltd                                    | Octagon 75, Ltd.                                    | CUSIP: 67579GAA2<br>LEI: 5493009LQ0GMI27K0355 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504804.50   | 0.80%             | 2038-01-22      | Floating      | 9.28%                 | Yes           |                  3 | On Loan: No      |
| Delta 2 Lux Sarl                                  | Delta 2 Lux Sarl                                    | CUSIP: L2465BAX4<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |    166667 | PA      | $167005.84    | 0.09%             | 2031-09-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| TripAdvisor Inc                                   | Trip.com/TripAdvisor 7/24                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1087082 | PA      | $1068057.72   | 0.57%             | 2031-07-08      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Planet US Buyer LLC                               | Planet US Buyer, LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    376904 | PA      | $379393.42    | 0.20%             | 2031-02-07      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                   | Trans Union LLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    754057 | PA      | $754294.39    | 0.40%             | 2031-06-24      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Resideo Funding Inc                               | Resideo Funding Inc                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    278070 | PA      | $278504.75    | 0.15%             | 2032-08-13      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Project Leopard Holdings                          | Project Leopard Holdings, Inc.                      | CUSIP: 74338UAG6<br>LEI: 254900QOZVLO3PEJYN33 | Long             | LON              | CORP              | US        |   1269155 | PA      | $1148319.10   | 0.61%             | 2029-07-20      | Floating      | 9.66%                 | No            |                  2 | On Loan: No      |
| Delta Topco Inc                                   | Infoblox 4/24 2nd lien TL 1L                        | CUSIP: 24780DAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    990192 | PA      | $989573.11    | 0.53%             | 2030-11-29      | Floating      | 9.52%                 | No            |                  2 | On Loan: No      |
| MRC Global US Inc                                 | MRC Global 10/24 TLB                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    393015 | PA      | $393997.54    | 0.21%             | 2031-10-29      | Floating      | 7.66%                 | No            |                  3 | On Loan: No      |
| EP Purchaser LLC                                  | EP Purcasher, LLC                                   | CUSIP: N/A<br>LEI: 549300GGODRVQG1GH476       | Long             | LON              | CORP              | US        |    959700 | PA      | $906115.21    | 0.48%             | 2028-11-06      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| ONEX TSG INTERMEDIATE CORP                        | ONEX TSG INTERMEDIATE CORP                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    407149 | PA      | $409840.19    | 0.22%             | 2032-07-26      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                               | LBM Acquisition LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    887442 | PA      | $867723.20    | 0.46%             | 2031-06-06      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Froneri International Limited                     | Froneri US, Inc.                                    | CUSIP: G3679YAK8<br>LEI: 213800NRSZ1N2Y6LEX44 | Long             | LON              | CORP              | US        |   1011509 | PA      | $1005399.30   | 0.54%             | 2031-09-30      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Pikes Peak Clo                                    | Pikes Peak CLO 6                                    | CUSIP: 72133BAC8<br>LEI: 635400BKNXKWEO3G2J74 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $988345.00    | 0.53%             | 2034-05-18      | Floating      | 8.79%                 | Yes           |                  3 | On Loan: No      |
| Endurance International Group Inc (The)           | Endurance Intl Group Hldgs Inc TLB 1L               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2302644 | PA      | $1669417.10   | 0.89%             | 2028-02-10      | Floating      | 7.94%                 | No            |                  3 | On Loan: No      |
| Fiserv Investment Solutions, Inc.                 | Fiserv Investment Solutions, Inc.                   | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1421798 | PA      | $1413508.71   | 0.75%             | 2027-02-18      | Floating      | 12.14%                | No            |                  2 | On Loan: No      |
| Sanmina Corporation                               | Sanmina Corp                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    303722 | PA      | $303721.74    | 0.16%             | 2032-08-09      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Whitewater Holding Company, LLC                   | WHITEWATER MATTERHORN HOLDING LLC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    184328 | PA      | $184443.24    | 0.10%             | 2032-05-12      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| June Purchaser, LLC                               | June Purchaser, LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    655862 | PA      | $658593.79    | 0.35%             | 2031-11-28      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| EP Purchaser LLC                                  | EP Purchaser LLC                                    | CUSIP: 26881KAD6<br>LEI: 549300GGODRVQG1GH476 | Long             | LON              | CORP              | US        |    187299 | PA      | $174188.04    | 0.09%             | 2028-11-06      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| LI Group Holdings, Inc.                           | LI Group Holdings, Inc.                             | CUSIP: 50201FAD0<br>LEI: 549300WTOOUDL4F82264 | Long             | LON              | CORP              | US        |   1052288 | PA      | $1056565.78   | 0.56%             | 2028-03-11      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty                                    | Ryan Specialty LLC                                  | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |       798 | PA      | $799.43       | 0.00%             | 2031-09-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                              | Cotiviti Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1208027 | PA      | $1216706.79   | 0.65%             | 2031-05-01      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Hyperion Refinance S.A R.L.                       | Hyperion Refinance Sarl                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    162962 | PA      | $163154.70    | 0.09%             | 2031-02-18      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Hyperion Refinance S.A R.L.                       | Hyperion Insurance/Howden 7/24 TLB 1L               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |   2099004 | PA      | $2099654.28   | 1.12%             | 2030-04-18      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| WH Borrower LLC                                   | WH BORROWER LLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    632000 | PA      | $633478.88    | 0.34%             | 2032-02-20      | Floating      | 8.95%                 | No            |                  2 | On Loan: No      |
| Radiate Holdco, LLC                               | Radiate Holdco, LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    872030 | PA      | $706344.58    | 0.38%             | 2029-09-25      | Floating      | 9.47%                 | No            |                  2 | On Loan: No      |
| Spencer Spirit IH LLC                             | Spencer Spirit IH LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    808786 | PA      | $810136.17    | 0.43%             | 2031-07-15      | Floating      | 8.97%                 | No            |                  2 | On Loan: No      |
| N/A                                               | Zayo Group Holdings Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    154382 | PA      | $150265.56    | 0.08%             | 2032-09-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Lereta LLC                                        | Lereta, LLC                                         | CUSIP: N/A<br>LEI: 549300VK5GMZ4QV5U417       | Long             | LON              | CORP              | US        |    474870 | PA      | $427053.36    | 0.23%             | 2028-07-30      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| Conga Corp                                        | Conga Corp.                                         | CUSIP: 03835XAD4<br>LEI: 254900VOVRKNFQ3GHG43 | Long             | LON              | CORP              | US        |    269162 | PA      | $266470.62    | 0.14%             | 2028-05-08      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| Bally's Corp                                      | Bally's Corp.                                       | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |   1257128 | PA      | $1224127.99   | 0.65%             | 2028-10-02      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                               | Peer Hldg III BV                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    183384 | PA      | $183829.60    | 0.10%             | 2030-10-28      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Med Parentco Lp                                   | MED ParentCo LP                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    339070 | PA      | $340153.47    | 0.18%             | 2031-04-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC               | Hilton Grand Vacations Borrower, LLC                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    231570 | PA      | $231505.06    | 0.12%             | 2031-01-17      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Starwood Property Mortgage LLC                    | STARWOOD PPTY MTG LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    356559 | PA      | $357229.66    | 0.19%             | 2030-01-02      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers Clo            | Park Avenue Institutional Advisers CLO, Ltd. 2022-1 | CUSIP: 70016DAA4<br>LEI: 529900NLOXP1VWSKZX10 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002626.00   | 0.54%             | 2035-04-20      | Floating      | 11.62%                | Yes           |                  3 | On Loan: No      |
| KREF Holdings X LLC                               | KREF Holdings X LLC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    290634 | PA      | $290513.10    | 0.16%             | 2032-03-05      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| Javelin Buyer Inc                                 | SciQuest 10/24 2nd Lien                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    784000 | PA      | $784490.00    | 0.42%             | 2032-12-06      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| Azuria Water Solutions Inc                        | Aegion 1/25 Cov-Lite TLB                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1427904 | PA      | $1431473.94   | 0.76%             | 2028-05-17      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Geon Performance Solutio                          | Geon Performance Solutions LLC                      | CUSIP: 37254YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    428923 | PA      | $403294.46    | 0.22%             | 2028-08-18      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Mitnick Corporate Purchaser Inc                   | Mitnick Corporate Purchaser Inc.                    | CUSIP: N/A<br>LEI: 2549002PYWOTVEDJKW54       | Long             | LON              | CORP              | US        |    982692 | PA      | $717979.65    | 0.38%             | 2029-05-02      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment                            | Fertitta Entertainment, LLC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1302773 | PA      | $1302369.03   | 0.70%             | 2029-01-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Signia Aerospace LLC                              | Signia Aerospace LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    466557 | PA      | $468015.47    | 0.25%             | 2031-12-11      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Cedar Fair LP                                     | Cedar Fair LP                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    156884 | PA      | $156099.41    | 0.08%             | 2031-05-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Ankura Consulting Group                           | Ankura Consulting Group LLC                         | CUSIP: 03539PAJ7<br>LEI: 549300VJ5EU1KWD54I45 | Long             | LON              | CORP              | US        |    602159 | PA      | $599147.96    | 0.32%             | 2031-12-29      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Jsg Ii Inc                                        | Justrite Safety Group                               | CUSIP: 78649EAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     72924 | PA      | $72923.70     | 0.04%             | 2026-06-28      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| Cogentrix Finance Holdco I LLC                    | COGENTRIX FIN HOLDCO I LLC                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    438891 | PA      | $440106.99    | 0.23%             | 2032-02-26      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| World Wide Technology Holding Co LLC              | World Wide Technology Holding Co LLC TLB            | CUSIP: 98164AAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    948560 | PA      | $952709.61    | 0.51%             | 2030-03-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Sophos Intermediate Ii L                          | Sophos Intermediate II, Ltd.                        | CUSIP: 86875TAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1801209 | PA      | $1805828.89   | 0.96%             | 2027-03-05      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Alera Group Inc                                   | Alera Group Inc                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    294864 | PA      | $304032.42    | 0.16%             | 2033-05-23      | Floating      | 9.66%                 | No            |                  2 | On Loan: No      |
| Aadvantage Loyalty Ip                             | AAdvantage Loyalty IP, Ltd.                         | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    338484 | PA      | $340388.45    | 0.18%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Baldwin Insurance Group                           | Baldwin Insurance Group Holdings LLC                | CUSIP: 05825HAH7<br>LEI: 5493004GCDREAQPPYG20 | Long             | LON              | CORP              | US        |    629965 | PA      | $631278.37    | 0.34%             | 2031-05-27      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| S&S Holdings LLC                                  | S&S Holdings LLC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    751516 | PA      | $730849.20    | 0.39%             | 2031-10-01      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors                           | Grant Thornton Advisors LLC                         | CUSIP: 38821UAF7<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |    257363 | PA      | $257285.87    | 0.14%             | 2031-05-30      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Jsg Ii Inc                                        | Justrite Safety Group                               | CUSIP: 78649EAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1348777 | PA      | $1348776.71   | 0.72%             | 2026-06-28      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| Us Anesthesia Partners                            | U.S. Anesthesia Partners, Inc.                      | CUSIP: 90350HAL3<br>LEI: 549300J001GMNRO7SQ51 | Long             | LON              | CORP              | US        |    471525 | PA      | $471452.15    | 0.25%             | 2028-10-01      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| Anchor Packaging Llc                              | Anchor Packaging LLC                                | CUSIP: 03306UAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    419857 | PA      | $422174.85    | 0.23%             | 2029-07-18      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| DG Investment Intermediate Holdings 2 Inc         | DG INVT INTER HLDGS 2 INC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    340773 | PA      | $339921.40    | 0.18%             | 2033-07-25      | Floating      | 9.86%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                 | Polaris Newco LLC                                   | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |   1088710 | PA      | $1051589.98   | 0.56%             | 2028-06-02      | Floating      | 12.05%                | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corporation                   | Discovery Purchaser/Bayer/Envu 8/22 TL              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    948096 | PA      | $944939.28    | 0.50%             | 2029-10-04      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| Hanger Inc                                        | Hanger, Inc.                                        | CUSIP: 41043BAJ7<br>LEI: 254900ZJJJYVLHJXSZ60 | Long             | LON              | CORP              | US        |     53472 | PA      | $53652.76     | 0.03%             | 2031-10-23      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Proofpoint Inc                                    | Proofpoint Inc                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    358156 | PA      | $360007.70    | 0.19%             | 2028-08-31      | Floating      | 10.45%                | No            |                  2 | On Loan: No      |
| TRC Companies LLC                                 | TRC Companies 1/25                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    681004 | PA      | $682777.66    | 0.36%             | 2028-12-08      | Floating      | 10.14%                | No            |                  2 | On Loan: No      |
| Cast & Crew Llc                                   | Cast & Crew LLC                                     | CUSIP: 14835JAQ3<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |   1436669 | PA      | $1305012.77   | 0.70%             | 2028-12-29      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Colossus Acquireco LLC                            | COLOSSUS ACQUIRECO LLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1894847 | PA      | $1885373.20   | 1.01%             | 2032-06-12      | Floating      | 1.78%                 | No            |                  2 | On Loan: No      |
| WS Audiology AS                                   | WS Audiology AS                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1992203 | PA      | $1987222.70   | 1.06%             | 2029-02-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ivanti Security Holdings LLC                      | IVANTI SOFTWARE INC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    133764 | PA      | $137861.04    | 0.07%             | 2029-06-01      | Floating      | 10.05%                | No            |                  2 | On Loan: No      |
| Ocp Clo Ltd                                       | OCP CLO 2021-21, Ltd.                               | CUSIP: 670897AE7<br>LEI: 2549000M7NBNQ7XU2038 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004244.00   | 0.54%             | 2038-01-20      | Floating      | 9.03%                 | Yes           |                  3 | On Loan: No      |
| Go Daddy Operating Co LLC                         | Go Daddy Oper Co LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    467775 | PA      | $467538.77    | 0.25%             | 2031-05-30      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Opal US LLC                                       | OPAL US LLC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1834832 | PA      | $1841942.02   | 0.98%             | 2032-04-23      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Sixth Street Clo Ltd.                             | Sixth Street CLO XIV, Ltd.                          | CUSIP: 83013RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006524.00   | 0.54%             | 2038-01-20      | Floating      | 8.97%                 | Yes           |                  3 | On Loan: No      |
| Element Materials Technology Group US Holding Inc | Element Materials Technology Group Holdings         | CUSIP: N/A<br>LEI: 213800EGOJGGUKUGEZ30       | Long             | LON              | CORP              | US        |   1763882 | PA      | $1777939.76   | 0.95%             | 2029-07-06      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Victory Buyer Llc                                 | Victory Buyer LLC                                   | CUSIP: 92643PAB0<br>LEI: 549300G9TEUHGC81N056 | Long             | LON              | CORP              | US        |   1110725 | PA      | $1115784.23   | 0.60%             | 2028-11-19      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Berkeley Research Group, LLC                      | BERKELEY RESH GROUP LLC                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1179600 | PA      | $1183693.21   | 0.63%             | 2032-04-30      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc                             | QNITY ELECTRS INC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    508939 | PA      | $509575.30    | 0.27%             | 2032-08-12      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC              | Protection One/ADT 11/24                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1280218 | PA      | $1278527.86   | 0.68%             | 2030-10-13      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Finastra Usa, Inc.                                | Finastra USA Inc                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1155804 | PA      | $1152296.55   | 0.61%             | 2032-07-30      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Blackstone Senior Floating Rate 2027 Term Fund

**Signature:** Gregory Roppa

**Name of Signer:** Gregory Roppa

**Title:** Treasurer and Chief Financial Officer