# EDGAR Filing Document

**Accession Number:** 0001788420
**File Stem:** 0001193125-25-301305
**Filing Date:** 2025-11
**Character Count:** 84078
**Document Hash:** 88a9a53a351a55a1c7ef05238ff6ed31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-301305.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001193125-25-301305

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Keystone Private Income Fund
- **CENTRAL INDEX KEY:** 0001788420

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23482
- **FILM NUMBER:** 251532573

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2000

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Keystone Private Income Fund

- **b. Investment Company Act file number:** 811-23482

- **c. CIK number of Registrant:** 0001788420

- **d. LEI of Registrant:** 549300HJV77VB5O4X277

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

  - **Street Address 1:** c/o UMB Fund Services, Inc.

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53212

  - **Telephone number:** 4142992270

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

- **a. Name of Series:** Keystone Private Income Fund

- **c. LEI of Series:** 549300HJV77VB5O4X277

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

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

- **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:** $1940183907.45

**Total Liabilities:** $223408656.28

**Net Assets:** $1716775251.16

**Cash Not Reported:** $28650857.96

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.79%                | 0.73%                | 0.83%                |
| Class ID N/A | 0.80%                | 0.73%                | 0.83%                |
| Class ID N/A | 0.86%                | 0.80%                | 0.90%                |
| Class ID N/A | 0.86%                | 0.79%                | 0.89%                |
| Class ID N/A | 0.88%                | 0.81%                | 0.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-939781.00                                |
| Month 2  | $0.00                    | $-1809642.00                               |
| Month 3  | $0.00                    | $2409068.00                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Airport Van Rental, Inc. 001                                 | Airport Van Rental, Inc. 001                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    486995 | PA      | $486995.40    | 0.03%             | 2026-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Apple Valley BV Road, LLC                                    | Apple Valley BV Road, LLC                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6799301 | PA      | $6799301.30   | 0.40%             | 2026-03-23      | Fixed         | 11.00%                | Yes           |                  3 | On Loan: No      |
| Arcade Silverado JV LLC 002                                  | Arcade Silverado JV LLC 002                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    297340 | PA      | $297339.66    | 0.02%             | 2026-12-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Arena Vantage SPV, LLC                                       | Arena Vantage SPV, LLC                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5898612 | PA      | $5898611.82   | 0.34%             | 2024-05-31      | Fixed         | 11.00%                | Yes           |                  3 | On Loan: No      |
| Ashton Oak Homes (Black Locust), LLC                         | Ashton Oak Homes (Black Locust), LLC                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  20175209 | PA      | $20175208.72  | 1.18%             | 2026-03-23      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| Atomic Orchard Experiment LLC                                | Atomic Orchard Experiment LLC                                | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12646226 | PA      | $12646226.44  | 0.74%             | 2025-10-31      | Fixed         | 10.75%                | Yes           |                  3 | On Loan: No      |
| Avensis Energy Services, LLC 004                             | Avensis Energy Services, LLC 004                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    292897 | PA      | $292897.28    | 0.02%             | 2026-09-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| BD RC Jacksonville Normandy, LP                              | BD RC Jacksonville Normandy, LP                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1368690 | PA      | $1368689.78   | 0.08%             | 2026-03-18      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| BD RC North Myrtle Beach, LP                                 | BD RC North Myrtle Beach, LP                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5786884 | PA      | $5786884.17   | 0.34%             | 2025-10-18      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| BEP CO Springs Hospitality LLC                               | BEP CO Springs Hospitality LLC                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12381805 | PA      | $12381805.11  | 0.72%             | 2026-02-24      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| BizFund LLC                                                  | BizFund LLC                                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  65529615 | PA      | $65529614.58  | 3.82%             | 2027-12-30      | Fixed         | 11.85%                | Yes           |                  3 | On Loan: No      |
| Blew Bayou Services LLC                                      | Blew Bayou Services LLC                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     68427 | PA      | $68427.16     | 0.00%             | 2025-10-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| BluRoc 002 - Onset                                           | BluRoc 002 - Onset                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2288950 | PA      | $2288949.65   | 0.13%             | 2028-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| BluRoc Intermediate, LLC                                     | BluRoc Intermediate, LLC                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8047655 | PA      | $8047655.49   | 0.47%             | 2026-01-15      | Fixed         | 18.00%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 1                                  | BluRoc Mat Financing Draw 1                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1788839 | PA      | $1788838.58   | 0.10%             | 2027-06-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 2                                  | BluRoc Mat Financing Draw 2                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3842439 | PA      | $3842438.84   | 0.22%             | 2027-08-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 3                                  | BluRoc Mat Financing Draw 3                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2542696 | PA      | $2542696.07   | 0.15%             | 2027-09-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 4                                  | BluRoc Mat Financing Draw 4                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1054857 | PA      | $1054857.23   | 0.06%             | 2027-11-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 5                                  | BluRoc Mat Financing Draw 5                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    711584 | PA      | $711584.06    | 0.04%             | 2027-12-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| Car Wash Holdco, LLC                                         | Car Wash Holdco, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  17711849 | PA      | $17711848.68  | 1.03%             | 2026-10-01      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| Car Wash Holdco, LLC 001                                     | Car Wash Holdco, LLC 001                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    363823 | PA      | $363823.15    | 0.02%             | 2028-01-01      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| Car Wash Holdco, LLC 002                                     | Car Wash Holdco, LLC 002                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    238321 | PA      | $238321.31    | 0.01%             | 2028-05-01      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| Car Wash Holdco, LLC 003                                     | Car Wash Holdco, LLC 003                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    713065 | PA      | $713064.81    | 0.04%             | 2028-07-01      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| Carnaby FA, LLC 004                                          | Carnaby FA, LLC 004                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  20439999 | PA      | $20439998.94  | 1.19%             | 2027-06-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Carnaby FA, LLC 008                                          | Carnaby FA, LLC 008                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   9161213 | PA      | $9161212.74   | 0.53%             | 2025-12-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Cashman Photo Enterprises of Nevada, Inc.                    | Cashman Photo Enterprises of Nevada, Inc.                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     34421 | PA      | $34421.11     | 0.00%             | 2026-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Coast Aluminum, Inc. 001                                     | Coast Aluminum, Inc. 001                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2676444 | PA      | $2676443.97   | 0.16%             | 2027-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Coast Aluminum, Inc. 002                                     | Coast Aluminum, Inc. 002                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    869294 | PA      | $869294.48    | 0.05%             | 2028-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Cocolalla, LLC                                               | Cocolalla, LLC                                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  39590307 | PA      | $39590306.96  | 2.31%             | 2026-03-27      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Corta Stevens Point, LLC                                     | Corta Stevens Point, LLC                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7980265 | PA      | $7980264.80   | 0.46%             | 2025-12-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Dabney Road Industrial LLC                                   | Dabney Road Industrial LLC                                   | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  21770707 | PA      | $21770707.30  | 1.27%             | 2025-10-20      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| DZ Tech Community 1 LLC                                      | DZ Tech Community 1 LLC                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  35577941 | PA      | $35577941.30  | 2.07%             | 2026-04-25      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| Eagle Highwall Mining Systems, LLC                           | Eagle Highwall Mining Systems, LLC                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2299962 | PA      | $2299962.07   | 0.13%             | 2027-04-01      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Enson Group, Inc. 002                                        | Enson Group, Inc. 002                                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    112522 | PA      | $112522.36    | 0.01%             | 2027-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 010                           | EOS Fitness Opco Holdings, LLC 010                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    186534 | PA      | $186534.07    | 0.01%             | 2027-03-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 018                           | EOS Fitness Opco Holdings, LLC 018                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1179949 | PA      | $1179949.35   | 0.07%             | 2029-04-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 019                           | EOS Fitness Opco Holdings, LLC 019                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    397322 | PA      | $397321.53    | 0.02%             | 2027-04-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 026                           | EOS Fitness Opco Holdings, LLC 026                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    692071 | PA      | $692070.80    | 0.04%             | 2028-07-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| MC Rye Westchase, LLC                                        | MC Rye Westchase, LLC                                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  11734471 | PA      | $11734471.30  | 0.68%             | 2025-08-09      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| MC Test Service, Inc. 003                                    | MC Test Service, Inc. 003                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2661218 | PA      | $2661218.37   | 0.16%             | 2027-07-01      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| MC Test Service, Inc. 004                                    | MC Test Service, Inc. 004                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1255900 | PA      | $1255899.92   | 0.07%             | 2026-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MC Test Service, Inc. 005                                    | MC Test Service, Inc. 005                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    711024 | PA      | $711023.58    | 0.04%             | 2027-07-08      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Medshift, LLC 001                                            | Medshift, LLC 001                                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5665269 | PA      | $5665269.38   | 0.33%             | 2027-11-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Medshift, LLC 002                                            | Medshift, LLC 002                                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5268096 | PA      | $5268095.63   | 0.31%             | 2027-12-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Merced Security Storage, LLC                                 | Merced Security Storage, LLC                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7475116 | PA      | $7475116.01   | 0.44%             | 2026-05-06      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| Met SPV Holdings, LLC - Series Sutton                        | Met SPV Holdings, LLC - Series Sutton                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  46963455 | PA      | $46963455.46  | 2.74%             | 2027-06-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Metropolitan Partners Fund VIII, LP - EPM                    | Metropolitan Partners Fund VIII, LP - EPM                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  30000000 | PA      | $30000000.00  | 1.75%             | 2027-02-10      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MH Leasing, LLC                                              | MH Leasing, LLC                                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  52567143 | PA      | $52567143.06  | 3.06%             | 2029-07-02      | Fixed         | 11.38%                | Yes           |                  3 | On Loan: No      |
| MIT45, Inc. 002                                              | MIT45, Inc. 002                                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1959448 | PA      | $1959447.87   | 0.11%             | 2027-07-09      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MIT45, Inc. 003                                              | MIT45, Inc. 003                                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    817005 | PA      | $817004.83    | 0.05%             | 2027-06-30      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MIT45, Inc. 003A                                             | MIT45, Inc. 003A                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     87000 | PA      | $87000.00     | 0.01%             | 2027-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MIT45, Inc. 003B                                             | MIT45, Inc. 003B                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    232500 | PA      | $232500.00    | 0.01%             | 2027-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| MV Cruise Offshore Holdings Ltd.                             | MV Cruise Offshore Holdings Ltd.                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  78806475 | PA      | $78806475.12  | 4.59%             | 2027-11-22      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Nancy Jay Industrial Center, LLC                             | Nancy Jay Industrial Center, LLC                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  11292982 | PA      | $11292982.42  | 0.66%             | 2027-05-31      | Fixed         | 12.95%                | Yes           |                  3 | On Loan: No      |
| Navajo Health Foundation - Sage Memorial Hospital, Inc.      | Navajo Health Foundation - Sage Memorial Hospital, Inc.      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2029711 | PA      | $2029710.68   | 0.12%             | 2027-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Navajo Transitional Energy Company, LLC                      | Navajo Transitional Energy Company, LLC                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     32549 | PA      | $32549.02     | 0.00%             | 2026-01-01      | Fixed         | 9.50%                 | Yes           |                  3 | On Loan: No      |
| Nexseer Capital                                              | Nexseer Capital                                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  15132877 | PA      | $15132877.48  | 0.88%             | 2030-07-10      | Fixed         | 11.07%                | Yes           |                  3 | On Loan: No      |
| Next Century Rebar LLC and Centry Steel Fabricators, LLC 002 | Next Century Rebar LLC and Centry Steel Fabricators, LLC 002 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    675652 | PA      | $675652.12    | 0.04%             | 2027-02-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Nutritional Resources, Inc.                                  | Nutritional Resources, Inc.                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     64850 | PA      | $64850.15     | 0.00%             | 2027-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| NWC Services LLC                                             | NWC Services LLC                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     68561 | PA      | $68561.24     | 0.00%             | 2025-11-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Phygital Digital Global FX LLC                               | Phygital Digital Global FX LLC                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5635023 | PA      | $5635022.95   | 0.33%             | 2027-02-01      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| Pierce Powerline Co. LLC 003                                 | Pierce Powerline Co. LLC 003                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    582341 | PA      | $582341.49    | 0.03%             | 2026-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Pierce Street Holdings LLC                                   | Pierce Street Holdings LLC                                   | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6820069 | PA      | $6820069.05   | 0.40%             | 2025-09-15      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| Prime Logistics, LLC                                         | Prime Logistics, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7272506 | PA      | $7272506.42   | 0.42%             | 2027-09-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Prince Signs 002                                             | Prince Signs 002                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    550203 | PA      | $550203.29    | 0.03%             | 2027-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Propel Holdings, Inc.                                        | Propel Holdings, Inc.                                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6801015 | PA      | $6801014.62   | 0.40%             | 2030-03-31      | Fixed         | 13.60%                | Yes           |                  3 | On Loan: No      |
| Raw Farm, LLC 002                                            | Raw Farm, LLC 002                                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    384293 | PA      | $384292.96    | 0.02%             | 2027-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Renton Hotel Holdings, LLC                                   | Renton Hotel Holdings, LLC                                   | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  13294306 | PA      | $13294306.48  | 0.77%             | 2026-08-31      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Richland LA Hotel Holdings, LLC                              | Richland LA Hotel Holdings, LLC                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  10979345 | PA      | $10979344.96  | 0.64%             | 2025-09-30      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Romeria Pointe, LLC                                          | Romeria Pointe, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4242542 | PA      | $4242541.91   | 0.25%             | 2026-03-04      | Fixed         | 11.09%                | Yes           |                  3 | On Loan: No      |
| Roseville Senior Affordable 2 LP                             | Roseville Senior Affordable 2 LP                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7475114 | PA      | $7475113.99   | 0.44%             | 2026-11-30      | Fixed         | 11.25%                | Yes           |                  3 | On Loan: No      |
| Sajawi Corporation                                           | Sajawi Corporation                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     12182 | PA      | $12182.23     | 0.00%             | 2025-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Savant Consultants, LLC                                      | Savant Consultants, LLC                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    482435 | PA      | $482435.22    | 0.03%             | 2026-05-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Scarborough Hotel Holdings, LLC                              | Scarborough Hotel Holdings, LLC                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8877422 | PA      | $8877421.79   | 0.52%             | 2026-09-30      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Series KS Manscaped                                          | Series KS Manscaped                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  10730909 | PA      | $10730908.61  | 0.63%             | 2025-12-31      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Simply Funding SPV, LLC                                      | Simply Funding SPV, LLC                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12720946 | PA      | $12720946.16  | 0.74%             | 2027-10-07      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Southern Fabrication Works, LLC                              | Southern Fabrication Works, LLC                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    396356 | PA      | $396356.46    | 0.02%             | 2026-03-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| SP Technologies, LLC                                         | SP Technologies, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  19587542 | PA      | $19587541.87  | 1.14%             | 2028-05-28      | Fixed         | 11.85%                | Yes           |                  3 | On Loan: No      |
| Syracuse Hotel Holdings, LLC                                 | Syracuse Hotel Holdings, LLC                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  10396952 | PA      | $10396952.43  | 0.61%             | 2026-05-31      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Tenere, Inc. 007                                             | Tenere, Inc. 007                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8346138 | PA      | $8346137.87   | 0.49%             | 2029-09-17      | Fixed         | 13.50%                | Yes           |                  3 | On Loan: No      |
| Transcontinental Energy Services LLC                         | Transcontinental Energy Services LLC                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    252626 | PA      | $252626.07    | 0.01%             | 2026-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Transcontinental Energy Services, LLC 003                    | Transcontinental Energy Services, LLC 003                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1608262 | PA      | $1608262.16   | 0.09%             | 2027-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Transportation Financial, LLC 001                            | Transportation Financial, LLC 001                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8911340 | PA      | $8911339.77   | 0.52%             | 2027-09-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Trico Products Corporation 031                               | Trico Products Corporation 031                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2490909 | PA      | $2490908.70   | 0.15%             | 2026-09-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Turner Rock Apartments, LLC                                  | Turner Rock Apartments, LLC                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    468745 | PA      | $468744.61    | 0.03%             | 2028-04-15      | Fixed         | 10.85%                | Yes           |                  3 | On Loan: No      |
| Unique Funding Solutions, LLC                                | Unique Funding Solutions, LLC                                | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  19994008 | PA      | $19994008.36  | 1.16%             | 2028-02-05      | Fixed         | 13.50%                | Yes           |                  3 | On Loan: No      |
| United Auto Supply of Syracuse, West, Inc. 001               | United Auto Supply of Syracuse, West, Inc. 001               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6334504 | PA      | $6334503.56   | 0.37%             | 2026-08-01      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| United Auto Supply of Syracuse, West, Inc. 002               | United Auto Supply of Syracuse, West, Inc. 002               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5065101 | PA      | $5065100.87   | 0.30%             | 2027-01-01      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Vanderhall, Inc.                                             | Vanderhall, Inc.                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8425131 | PA      | $8425131.16   | 0.49%             | 2025-10-15      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 005                          | Vensure Employer Services, Inc. 005                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    237057 | PA      | $237056.84    | 0.01%             | 2025-11-30      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 006                          | Vensure Employer Services, Inc. 006                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    424188 | PA      | $424188.10    | 0.02%             | 2027-09-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 007                          | Vensure Employer Services, Inc. 007                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    883344 | PA      | $883344.31    | 0.05%             | 2027-09-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 009                          | Vensure Employer Services, Inc. 009                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1269581 | PA      | $1269581.03   | 0.07%             | 2028-03-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 010                          | Vensure Employer Services, Inc. 010                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1612518 | PA      | $1612517.54   | 0.09%             | 2026-02-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 011                          | Vensure Employer Services, Inc. 011                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2402224 | PA      | $2402223.76   | 0.14%             | 2026-04-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 013                          | Vensure Employer Services, Inc. 013                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    799080 | PA      | $799080.28    | 0.05%             | 2026-02-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 014                          | Vensure Employer Services, Inc. 014                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1417979 | PA      | $1417979.30   | 0.08%             | 2026-08-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 015                          | Vensure Employer Services, Inc. 015                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1030003 | PA      | $1030002.79   | 0.06%             | 2026-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 016                          | Vensure Employer Services, Inc. 016                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1519619 | PA      | $1519618.94   | 0.09%             | 2026-05-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 017                          | Vensure Employer Services, Inc. 017                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4122965 | PA      | $4122965.40   | 0.24%             | 2027-05-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 018                          | Vensure Employer Services, Inc. 018                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4305518 | PA      | $4305518.48   | 0.25%             | 2027-06-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 022                          | Vensure Employer Services, Inc. 022                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5623576 | PA      | $5623575.89   | 0.33%             | 2027-11-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 023                          | Vensure Employer Services, Inc. 023                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4914030 | PA      | $4914030.30   | 0.29%             | 2027-12-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 024                          | Vensure Employer Services, Inc. 024                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5075459 | PA      | $5075458.75   | 0.30%             | 2028-01-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 025                          | Vensure Employer Services, Inc. 025                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4753711 | PA      | $4753711.11   | 0.28%             | 2028-01-24      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Vensure Employer Services, Inc. 027                          | Vensure Employer Services, Inc. 027                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4368422 | PA      | $4368421.82   | 0.25%             | 2028-02-29      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| VG Pines Residential LLC                                     | VG Pines Residential LLC                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5839593 | PA      | $5839592.61   | 0.34%             | 2026-09-01      | Fixed         | 11.15%                | Yes           |                  3 | On Loan: No      |
| Future Legends, LLC 001                                      | Future Legends, LLC 001                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2271692 | PA      | $2271691.91   | 0.13%             | 2025-10-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| FVP Funding I, LLC                                           | FVP Funding I, LLC                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12884880 | PA      | $12884880.34  | 0.75%             | 2027-02-06      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| FVP Funding II, LLC                                          | FVP Funding II, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  25772993 | PA      | $25772993.28  | 1.50%             | 2027-10-12      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| GAC Media, LLC                                               | GAC Media, LLC                                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  32500000 | PA      | $32500000.00  | 1.89%             | 2028-09-08      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| LBF Enterprises dba Powermatic Associates, Inc.              | LBF Enterprises dba Powermatic Associates, Inc.              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    185348 | PA      | $185348.26    | 0.01%             | 2026-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Leyline Renewable Capital, LLC                               | Leyline Renewable Capital, LLC                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  35207119 | PA      | $35207118.76  | 2.05%             | 2027-05-25      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Lienstar LLC                                                 | Lienstar LLC                                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  63278624 | PA      | $63278624.08  | 3.69%             | 2026-12-31      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Loop Inc.                                                    | Loop Inc.                                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12973656 | PA      | $12973656.18  | 0.76%             | 2027-04-01      | Fixed         | 8.00%                 | Yes           |                  3 | On Loan: No      |
| 750 Main Street LP                                           | 750 Main Street LP                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  13366939 | PA      | $13366938.93  | 0.78%             | 2026-07-03      | Fixed         | 11.05%                | Yes           |                  3 | On Loan: No      |
| 8th Avenue Property Owners, LLC                              | 8th Avenue Property Owners, LLC                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  18657647 | PA      | $18657646.93  | 1.09%             | 2025-11-14      | Fixed         | 11.00%                | Yes           |                  3 | On Loan: No      |
| Agility Auto Parts Inc. 001                                  | Agility Auto Parts Inc. 001                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    318795 | PA      | $318795.35    | 0.02%             | 2026-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Agility Auto Parts Inc. 002                                  | Agility Auto Parts Inc. 002                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    100688 | PA      | $100688.23    | 0.01%             | 2027-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 027                           | EOS Fitness Opco Holdings, LLC 027                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1026865 | PA      | $1026865.22   | 0.06%             | 2027-07-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 041                           | EOS Fitness Opco Holdings, LLC 041                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1319060 | PA      | $1319060.47   | 0.08%             | 2029-07-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| MC Rye Katy, LLC                                             | MC Rye Katy, LLC                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  11555319 | PA      | $11555319.07  | 0.67%             | 2025-08-09      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| MC Rye Northwest, LLC                                        | MC Rye Northwest, LLC                                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  10749134 | PA      | $10749134.00  | 0.63%             | 2025-08-09      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| Olympus Bluffs 4, LLC                                        | Olympus Bluffs 4, LLC                                        | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5965650 | PA      | $5965650.44   | 0.35%             | 2026-09-09      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 1, LLC                                          | Olympus Oaks 1, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6126352 | PA      | $6126351.79   | 0.36%             | 2026-07-14      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 2, LLC                                          | Olympus Oaks 2, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6748069 | PA      | $6748069.08   | 0.39%             | 2026-07-14      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 4, LLC                                          | Olympus Oaks 4, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6360680 | PA      | $6360680.04   | 0.37%             | 2026-07-13      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 5, LLC                                          | Olympus Oaks 5, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6651349 | PA      | $6651349.32   | 0.39%             | 2026-07-14      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 6, LLC                                          | Olympus Oaks 6, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5398000 | PA      | $5397999.52   | 0.31%             | 2027-02-16      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 7, LLC                                          | Olympus Oaks 7, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4395075 | PA      | $4395074.73   | 0.26%             | 2027-02-16      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 8, LLC                                          | Olympus Oaks 8, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3694104 | PA      | $3694103.86   | 0.22%             | 2027-02-16      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Oaks 9, LLC                                          | Olympus Oaks 9, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2827871 | PA      | $2827871.28   | 0.16%             | 2027-02-16      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 1, LLC                                         | Olympus Palms 1, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5235134 | PA      | $5235134.01   | 0.30%             | 2027-07-02      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 2, LLC                                         | Olympus Palms 2, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5132000 | PA      | $5132000.00   | 0.30%             | 2027-07-02      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 3, LLC                                         | Olympus Palms 3, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6236155 | PA      | $6236155.21   | 0.36%             | 2027-07-02      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 4, LLC                                         | Olympus Palms 4, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5666886 | PA      | $5666886.02   | 0.33%             | 2025-11-04      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 5, LLC                                         | Olympus Palms 5, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5614130 | PA      | $5614130.02   | 0.33%             | 2025-11-04      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 6, LLC                                         | Olympus Palms 6, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5322381 | PA      | $5322380.51   | 0.31%             | 2025-11-04      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Olympus Palms 7, LLC                                         | Olympus Palms 7, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5560000 | PA      | $5560000.00   | 0.32%             | 2027-07-02      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Onset Financial, Inc. - Corporate Loan                       | Onset Financial, Inc. - Corporate Loan                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        | 176152854 | PA      | $176152854.00 | 10.26%            | 2028-04-10      | Fixed         | 11.00%                | Yes           |                  3 | On Loan: No      |
| Onset Financial, Inc. Progress Funding Line                  | Onset Financial, Inc. Progress Funding Line                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   9068856 | PA      | $9068856.16   | 0.53%             | 2028-04-10      | Fixed         | 11.00%                | Yes           |                  3 | On Loan: No      |
| Onward Partners, LLC                                         | Onward Partners, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4246861 | PA      | $4246861.32   | 0.25%             | 2026-06-18      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| OP PPR Sub-Holdco 1, LLC                                     | OP PPR Sub-Holdco 1, LLC                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  34225647 | PA      | $34225646.99  | 1.99%             | 2026-02-14      | Fixed         | 10.00%                | Yes           |                  3 | On Loan: No      |
| Trico Products Corporation 022                               | Trico Products Corporation 022                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  14934999 | PA      | $14934999.49  | 0.87%             | 2027-12-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Trico Products Corporation 023                               | Trico Products Corporation 023                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1726997 | PA      | $1726997.46   | 0.10%             | 2025-12-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Trico Products Corporation 027                               | Trico Products Corporation 027                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    498439 | PA      | $498438.80    | 0.03%             | 2026-03-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Vivo Living Durham LLC                                       | Vivo Living Durham LLC                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  14645695 | PA      | $14645695.09  | 0.85%             | 2024-10-14      | Fixed         | 9.50%                 | Yes           |                  3 | On Loan: No      |
| Vivo Living Raleigh 1 LLC                                    | Vivo Living Raleigh 1 LLC                                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  14780059 | PA      | $14780059.28  | 0.86%             | 2024-11-18      | Fixed         | 9.50%                 | Yes           |                  3 | On Loan: No      |
| EOS Fitness Opco Holdings, LLC 042                           | EOS Fitness Opco Holdings, LLC 042                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    699826 | PA      | $699826.37    | 0.04%             | 2028-07-01      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| Falls Stamping & Welding Company                             | Falls Stamping & Welding Company                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    100712 | PA      | $100711.63    | 0.01%             | 2026-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC                                  | Findlay Machine & Tool, LLC                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7997536 | PA      | $7997535.63   | 0.47%             | 2028-03-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC 002                              | Findlay Machine & Tool, LLC 002                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3494328 | PA      | $3494327.82   | 0.20%             | 2028-04-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC 003                              | Findlay Machine & Tool, LLC 003                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2546054 | PA      | $2546054.14   | 0.15%             | 2028-08-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC 004                              | Findlay Machine & Tool, LLC 004                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7327095 | PA      | $7327095.28   | 0.43%             | 2028-06-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC 005                              | Findlay Machine & Tool, LLC 005                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5667408 | PA      | $5667407.84   | 0.33%             | 2029-01-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Findlay Machine & Tool, LLC 006                              | Findlay Machine & Tool, LLC 006                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4270282 | PA      | $4270281.67   | 0.25%             | 2029-01-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| First National Capital, LLC                                  | First National Capital, LLC                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6124967 | PA      | $6124967.36   | 0.36%             | 2028-05-01      | Fixed         | 12.30%                | Yes           |                  3 | On Loan: No      |
| Fisher & Company, Inc.                                       | Fisher & Company, Inc.                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4992421 | PA      | $4992421.13   | 0.29%             | 2027-05-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Fox Funding Management, Inc.                                 | Fox Funding Management, Inc.                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25000000.00  | 1.46%             | 2028-09-30      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| FPL Food LLC 003                                             | FPL Food LLC 003                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    705121 | PA      | $705120.61    | 0.04%             | 2027-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| FPL Food LLC 004                                             | FPL Food LLC 004                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    579611 | PA      | $579610.74    | 0.03%             | 2027-04-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| FPL Food LLC 005                                             | FPL Food LLC 005                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    723809 | PA      | $723809.41    | 0.04%             | 2028-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| FPL Food LLC 006                                             | FPL Food LLC 006                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    832709 | PA      | $832708.68    | 0.05%             | 2029-01-01      | Fixed         | 11.95%                | Yes           |                  3 | On Loan: No      |
| Frito Lay - Pomfret                                          | Frito Lay - Pomfret                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2527670 | PA      | $2527669.65   | 0.15%             | 2026-01-30      | Fixed         | 9.50%                 | Yes           |                  3 | On Loan: No      |
| Frontera West-Sonoma Dev, LLC                                | Frontera West-Sonoma Dev, LLC                                | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   9821238 | PA      | $9821238.44   | 0.57%             | 2026-04-19      | Fixed         | 11.29%                | Yes           |                  3 | On Loan: No      |
| MC Oslo Aurora, LLC                                          | MC Oslo Aurora, LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  19587054 | PA      | $19587053.57  | 1.14%             | 2025-07-11      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| MC Oslo Hermitage, LLC                                       | MC Oslo Hermitage, LLC                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  21104552 | PA      | $21104551.94  | 1.23%             | 2024-11-07      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| MC Oslo SFM Two, LLC                                         | MC Oslo SFM Two, LLC                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  11465743 | PA      | $11465742.95  | 0.67%             | 2025-07-11      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| MC Oslo SFQ, LLC                                             | MC Oslo SFQ, LLC                                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4753164 | PA      | $4753164.21   | 0.28%             | 2025-07-11      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| Vivo Portfolio                                               | Vivo Portfolio                                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  43861325 | PA      | $43861324.67  | 2.55%             | 2025-12-15      | Fixed         | 11.49%                | Yes           |                  3 | On Loan: No      |
| Voltron Global, LLC 001                                      | Voltron Global, LLC 001                                      | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1369759 | PA      | $1369759.00   | 0.08%             | 2027-07-29      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Washington Liftruck Inc. 001                                 | Washington Liftruck Inc. 001                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    111440 | PA      | $111439.70    | 0.01%             | 2027-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Way.com, Inc.                                                | Way.com, Inc.                                                | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2750000.00   | 0.16%             | 2026-03-06      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| West Creek II, LLC                                           | West Creek II, LLC                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1033480 | PA      | $1033480.12   | 0.06%             | 2026-07-08      | Fixed         | 10.00%                | Yes           |                  3 | On Loan: No      |
| West Liberty Foods 004                                       | West Liberty Foods 004                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3815886 | PA      | $3815885.50   | 0.22%             | 2027-02-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| West Liberty Foods 005                                       | West Liberty Foods 005                                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4780941 | PA      | $4780940.65   | 0.28%             | 2027-06-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Wingspire Equipment Finance, LLC                             | Wingspire Equipment Finance, LLC                             | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6776455 | PA      | $6776454.68   | 0.39%             | 2029-12-01      | Fixed         | 13.34%                | Yes           |                  3 | On Loan: No      |
| BluRoc Mat Financing Draw 6                                  | BluRoc Mat Financing Draw 6                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2283843 | PA      | $2283842.83   | 0.13%             | 2028-01-05      | Fixed         | 17.90%                | Yes           |                  3 | On Loan: No      |
| Bondit LLC                                                   | Bondit LLC                                                   | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  61728170 | PA      | $61728169.76  | 3.60%             | 2027-05-31      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| BPH Equipment, LLC                                           | BPH Equipment, LLC                                           | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  49531470 | PA      | $49531469.70  | 2.89%             | 2030-07-03      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| Capital Miller Pref NewCo, LLC                               | Capital Miller Pref NewCo, LLC                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  15640793 | PA      | $15640792.88  | 0.91%             | 2027-12-05      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Galaxy Management Company, LLC                               | Galaxy Management Company, LLC                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1763529 | PA      | $1763529.43   | 0.10%             | 2023-11-10      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| Gregory Pharmaceutical Holdings, Inc. 001                    | Gregory Pharmaceutical Holdings, Inc. 001                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1427503 | PA      | $1427503.01   | 0.08%             | 2026-02-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Hall Labs, LLC                                               | Hall Labs, LLC                                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  15143587 | PA      | $15143587.44  | 0.88%             | 2024-06-30      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| HD Post Buffalo LLC                                          | HD Post Buffalo LLC                                          | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5127341 | PA      | $5127340.65   | 0.30%             | 2025-12-06      | Fixed         | 9.95%                 | Yes           |                  3 | On Loan: No      |
| Highbury Concrete, Inc. 01B                                  | Highbury Concrete, Inc. 01B                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     92030 | PA      | $92029.75     | 0.01%             | 2027-01-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Holmes Lane Development, LLC                                 | Holmes Lane Development, LLC                                 | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  18400000 | PA      | $18400000.01  | 1.07%             | 2025-10-01      | Fixed         | 12.00%                | Yes           |                  3 | On Loan: No      |
| HSM Hawley LLC                                               | HSM Hawley LLC                                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  13759641 | PA      | $13759640.58  | 0.80%             | 2026-04-05      | Fixed         | 10.50%                | Yes           |                  3 | On Loan: No      |
| iApartments, Inc.                                            | iApartments, Inc.                                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  12908101 | PA      | $12908100.80  | 0.75%             | 2026-12-31      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Information Technology Partners, Inc. 001                    | Information Technology Partners, Inc. 001                    | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3937221 | PA      | $3937220.79   | 0.23%             | 2026-01-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Island Magic Catamaran Inc. 001                              | Island Magic Catamaran Inc. 001                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    361550 | PA      | $361549.54    | 0.02%             | 2026-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Island Magic Catamaran Inc. 002                              | Island Magic Catamaran Inc. 002                              | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    461543 | PA      | $461542.69    | 0.03%             | 2027-07-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| JDI Pasadena Logistics Center SPE, LLC                       | JDI Pasadena Logistics Center SPE, LLC                       | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7871254 | PA      | $7871253.50   | 0.46%             | 2026-08-28      | Fixed         | 11.15%                | Yes           |                  3 | On Loan: No      |
| JF Wonderblock Phase 2, LLC                                  | JF Wonderblock Phase 2, LLC                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |     12077 | PA      | $12076.92     | 0.00%             | 2028-02-20      | Fixed         | 10.99%                | Yes           |                  3 | On Loan: No      |
| JRL Energy, Inc. 001                                         | JRL Energy, Inc. 001                                         | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   9790528 | PA      | $9790528.09   | 0.57%             | 2026-10-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Kensington Private Equity Fund                               | Kensington Private Equity Fund                               | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |  27347609 | PA      | $27347608.83  | 1.59%             | 2026-03-28      | Fixed         | 13.80%                | Yes           |                  3 | On Loan: No      |
| Kent Distributors, Inc. 012                                  | Kent Distributors, Inc. 012                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3177317 | PA      | $3177316.85   | 0.19%             | 2027-07-01      | Fixed         | 14.50%                | Yes           |                  3 | On Loan: No      |
| Kent Distributors, Inc. 013                                  | Kent Distributors, Inc. 013                                  | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7078429 | PA      | $7078429.30   | 0.41%             | 2027-11-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| Kinikini, LLC 002                                            | Kinikini, LLC 002                                            | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    108653 | PA      | $108653.47    | 0.01%             | 2027-10-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| KVJ Properties, Inc. 002                                     | KVJ Properties, Inc. 002                                     | CUSIP: 999999999<br>LEI: N/A | Long             | DBT              | CORP              | US        |    552414 | PA      | $552414.33    | 0.03%             | 2026-05-01      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-06

**Name of Applicant:** Keystone Private Income Fund

**Signature:** /s/ John Earl

**Name of Signer:** John Earl

**Title:** President