# EDGAR Filing Document

**Accession Number:** 0001521404
**File Stem:** 0001193125-26-245381
**Filing Date:** 2026-5
**Character Count:** 149839
**Document Hash:** 5b19143e295998d41d9be1c2661e82ad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-245381.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001193125-26-245381

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND
- **CENTRAL INDEX KEY:** 0001521404

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22562
- **FILM NUMBER:** 261037200

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BARINGS LLC
- **STREET 2:** 300 SOUTH TRYON STREET, SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-805-7200

**MAIL ADDRESS:**
- **STREET 1:** C/O BARINGS LLC
- **STREET 2:** 300 SOUTH TRYON STREET, SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BABSON CAPITAL GLOBAL SHORT DURATION HIGH YIELD FUND
- **DATE OF NAME CHANGE:** 20120615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BABSON CAPITAL GLOBAL FLOATING RATE & INCOME FUND
- **DATE OF NAME CHANGE:** 20110520

## Nport-Ex

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Barings Global Short Duration High Yield Fund** | **Barings Global Short Duration High Yield Fund** |  |  | | | |
| **SCHEDULE OF INVESTMENTS** | **SCHEDULE OF INVESTMENTS** |  |  | | | |
| **March 31, 2026** | **March 31, 2026** |  |  | | | |
|  |  | |  | <br>**SHARES** | <br>**COST** | <br>**FAIR VALUE** |
| **Equities\* — 0.10%:** | **Equities\* — 0.10%:** |  |  |  |  |  |
| Common Stocks — 0.10%: | Common Stocks — 0.10%: |  |  |  |  |  |
|  | Cohesity Series G Preferred¤ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3755 | $58936 | $71345 |
|  | Cohesity Series G-1 Preferred¤ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2595 | 40730 | 49305 |
|  | Flint Group Ordinary A Shares Stapled to 2L¤+ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1395572 | 149 | 0 |
|  | ESC CB 144A High Ridge¤ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2982 | 0 | 0 |
|  | Pretium Packaging |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8783 | 2759491 | 163952 |
|  | Travelex Private Equity Stapled to 12.5% New Money Notes¤+ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16764 | 1 | 0 |
|  | Naviera Armas¤+ |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16899921 | 0 | 0 |
|  | Total Common Stocks |  |  | 18330372 | 2859307 | 284602 |
| Warrant — 0.00%: | Warrant — 0.00%: |  |  |  |  |  |
|  | Travelex Topco Limited¤+ |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2218 | 0 | 0 |
|  | Total Warrant |  |  | 2218 | 0 | 0 |
|  | Total Equities |  |  | 18332590 | 2859307 | 284602 |
|  |  | **EFFECTIVE INTEREST RATE‡** | **DUE DATE** | **PRINCIPAL** | **COST** | **FAIR VALUE** |
| **Fixed Income — 136.03%:** | **Fixed Income — 136.03%:** |  |  |  |  |  |
| **Asset-Backed Securities — 8.22%:** | **Asset-Backed Securities — 8.22%:** |  |  |  |  |  |
|  | CDO/CLO — 8.22%: | CDO/CLO — 8.22%: |  |  |  |  |
|  | Anchorage Capital CLO LTD, 3M SOFR + 5.500%+^~# | 9.08% | 1/20/2039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1550000 | $1550000 | $1499941 |
|  | Anchorage Capital CLO LTD, 3M SOFR + 7.000%^~# | 10.67 | 1/20/2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000000 | 1000000 | 861144 |
|  | Ares CLO LTD, 3M SOFR + 6.750%+^~# | 10.42 | 10/28/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1700000 | 1700000 | 1579866 |
|  | Ares Management LLC, 3M SOFR + 5.500%0+^~# | 9.17 | 10/24/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000000 | 2000000 | 1869544 |
|  | Bain CAP CR CLO 2020-2R LTD, 3M SOFR + 6.610%+~^# | 10.54 | 7/19/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000000 | 990000 | 824649 |
|  | Birch Grove Capital LP, 3M SOFR + 5.900%+^~ | 0.00 | 4/23/2039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1750000 | 1750000 | 1750000 |
|  | Canyon Capital, 3M SOFR + 4.75%+^~# | 8.42 | 4/15/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1175000 | 1175000 | 1078708 |
|  | Canyon Capital, 3M SOFR + 6.000+^~# | 9.67 | 10/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000000 | 1000000 | 861675 |
|  | CIFC Funding 2020-1 LTD, 3M SOFR + 6.250%+~^ | 10.18 | 7/15/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1900000 | 1900000 | 1815826 |
|  | KKR Financial CLO LTD 2017-20, 3M SOFR + 5.500%+~^# | 9.43 | 10/16/2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1500000 | 1500000 | 1466064 |
|  | KKR Financial CLO LTD 34-2, 3M SOFR + 6.850%+~^ | 10.78 | 7/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000000 | 1980000 | 1720742 |
|  | Octagon 2021-57 LTD, 3M SOFR + 6.600%+~^# | 10.53 | 10/15/2034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1500000 | 1500000 | 1338259 |
|  | Palmer Square Capital Management LLC, 3M SOFR + 4.700%+^~# | 8.66 | 10/20/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000000 | 2000000 | 1934074 |
|  | Regatta Funding, 3M SOFR + 6.050%+^~ | 0.00 | 4/15/2039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000000 | 2000000 | 2000000 |
|  | Sixth Street CLO LTD, 3M SOFR + 5.000%+^~# | 8.67 | 7/17/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1500000 | 1500000 | 1452556 |
|  | Sound Point CLO XVIII 2018-18D, 3M SOFR + 5.500%+~^# | 9.43 | 1/21/2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000000 | 2000000 | 1139580 |
|  | Symphony Asset Management LLC, 3M SOFR + 5.400%+^~# | 9.07 | 7/20/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1000000 | 1000000 | 981311 |
|  | Total CDO/CLO |  |  | 26575000 | 26545000 | 24173939 |
|  | Total Asset-Backed Securities |  |  | 26575000 | 26545000 | 24173939 |
| **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** | **Bank Loans§ — 14.39%:** |
|  | Beverage, Food & Tobacco — 1.06%: | Beverage, Food & Tobacco — 1.06%: | Beverage, Food & Tobacco — 1.06%: | Beverage, Food & Tobacco — 1.06%: | Beverage, Food & Tobacco — 1.06%: | Beverage, Food & Tobacco — 1.06%: |
|  | Sizzling Platter, 3M SOFR + 5.000%\*\* | 8.67 | 6/25/2032 | 3614223 | 3387084 | 3113307 |
|  | Total Chemicals, Plastics and Rubber |  |  | 3614223 | 3387084 | 3113307 |
|  | Chemicals, Plastics and Rubber — 0.47%: | Chemicals, Plastics and Rubber — 0.47%: | Chemicals, Plastics and Rubber — 0.47%: | Chemicals, Plastics and Rubber — 0.47%: | Chemicals, Plastics and Rubber — 0.47%: | Chemicals, Plastics and Rubber — 0.47%: |
|  | Flint Group 2L, 3M EURIBOR + 6.9000% PIK and 0.1000% Cash~ | 10.93 | 12/31/2027 | 2061545 | 1066888 | 79885 |
|  | Prince, 3M SOFR + 4.250%~ | 8.05 | 4/30/2030 | 732910 | 1021731 | 441270 |
|  | Prince, 3M SOFR + 5.500%~ | 9.30 | 4/30/2030 | 255987 | 682787 | 152952 |
|  | Prince, 3M SOFR + 4.250%~ | 8.05 | 4/30/2030 | 977213 | 602197 | 170035 |
|  | Prince, 3M SOFR + 5.500%~ | 9.30 | 4/30/2030 | 3157173 | 3716577 | 552505 |
|  | Total Chemicals, Plastics and Rubber |  |  | 7184828 | 7090180 | 1396647 |
|  | Containers, Packaging and Glass — 1.55%: | Containers, Packaging and Glass — 1.55%: | Containers, Packaging and Glass — 1.55%: | Containers, Packaging and Glass — 1.55%: | Containers, Packaging and Glass — 1.55%: | Containers, Packaging and Glass — 1.55%: |
|  | Five Star, 3M SOFR + 4.2500%~ | 7.92 | 5/7/2029 | 1969388 | 1947778 | 1928779 |
|  | Trident Parent, LLC, 3M SOFR + 3.7500%~ | 7.42 | 9/15/2028 | 2772054 | 2697878 | 2620894 |
|  | Total Containers, Packaging and Glass |  |  | 4741442 | 4645656 | 4549673 |
|  | Diversified/Conglomerate Service — 0.65%: | Diversified/Conglomerate Service — 0.65%: | Diversified/Conglomerate Service — 0.65%: | Diversified/Conglomerate Service — 0.65%: | Diversified/Conglomerate Service — 0.65%: | Diversified/Conglomerate Service — 0.65%: |
|  | Internet Brands, Inc., 3M SOFR + 4.2500%~ | 7.92 | 12/11/2031 | 2913584 | 2876385 | 1929025 |
|  | Total Diversified/Conglomerate Service |  |  | 2913584 | 2876385 | 1929025 |
|  | Healthcare and Pharmaceuticals — 5.34%: | Healthcare and Pharmaceuticals — 5.34%: | Healthcare and Pharmaceuticals — 5.34%: | Healthcare and Pharmaceuticals — 5.34%: | Healthcare and Pharmaceuticals — 5.34%: | Healthcare and Pharmaceuticals — 5.34%: |
|  | Bausch Health Companies, 3M SOFR + 6.2500%~ | 9.92 | 9/25/2030 | 10887500 | 10720107 | 10491304 |
|  | DuPage Medical Group Limited, 3M SOFR + 3.000%~ | 7.26 | 3/13/2028 | 1724873 | 1622237 | 1464849 |
|  | FinThrive / nThrive, 3M SOFR + 4.000%~ | 7.69 | 12/15/2028 | 1091708 | 1064130 | 861085 |
|  | NAPA Management Services Corp, 3M SOFR + 5.250%~ | 9.02 | 2/23/2029 | 1258612 | 1195194 | 788206 |
|  | Radiology Partners, 3M SOFR + 4.500%~ | 8.17 | 6/25/2032 | 2136521 | 2115155 | 2101033 |
|  | Total Healthcare and Pharmaceuticals |  |  | 17099214 | 16716823 | 15706477 |
|  | Healthcare, Education and Childcare — 0.04%: | Healthcare, Education and Childcare — 0.04%: | Healthcare, Education and Childcare — 0.04%: | Healthcare, Education and Childcare — 0.04%: | Healthcare, Education and Childcare — 0.04%: | Healthcare, Education and Childcare — 0.04%: |
|  | Medical Solutions T/L, 3M SOFR + 7.0000%~ | 10.77 | 9/22/2027 | 1473684 | 1458947 | 117895 |
|  | Total Healthcare, Education and Childcare |  |  | 1473684 | 1458947 | 117895 |
|  | High Tech Industries — 0.42%: | High Tech Industries — 0.42%: | High Tech Industries — 0.42%: | High Tech Industries — 0.42%: | High Tech Industries — 0.42%: | High Tech Industries — 0.42%: |
|  | Cornerstone OnDemand, 3M SOFR + 3.750%~ | 7.54 | 10/31/2028 | 0 | (72500) | 0 |
|  | ION Platform Group, 3M SOFR + 3.750%~ | 7.69 | 9/30/2032 | 1542000 | 1526580 | 1232736 |
|  | Total High Tech Industries |  |  | 1542000 | 1454080 | 1232736 |
|  | Hotel Gaming & Leisure — 1.30%: | Hotel Gaming & Leisure — 1.30%: | Hotel Gaming & Leisure — 1.30%: | Hotel Gaming & Leisure — 1.30%: | Hotel Gaming & Leisure — 1.30%: | Hotel Gaming & Leisure — 1.30%: |
|  | J&J Ventures Gaming, 3M SOFR + 5.000%¤ | 8.67 | 4/26/2030 | 1995000 | 1977485 | 1979040 |
|  | One Toronto Gaming, 3M SOFR + 4.250%~ | 7.92 | 7/20/2030 | 1955992 | 1909124 | 1828853 |
|  | Total Hotel Gaming & Leisure |  |  | 3950992 | 3886609 | 3807893 |
|  | Packaging and Containers — 0.00%: | Packaging and Containers — 0.00%: | Packaging and Containers — 0.00%: | Packaging and Containers — 0.00%: | Packaging and Containers — 0.00%: | Packaging and Containers — 0.00%: |
|  | Valcour Packaging (MOLD-RITE), 3M SOFR + 1.5000% (2.25% PIK)~ | 5.29 | 10/10/2028 | 4404 | 4404 | 3265 |
|  | Total Packaging and Containers |  |  | 4404 | 4404 | 3265 |
|  | Services: Business — 1.16%: | Services: Business — 1.16%: | Services: Business — 1.16%: | Services: Business — 1.16%: | Services: Business — 1.16%: | Services: Business — 1.16%: |
|  | Consilio, 3M SOFR + 3.750%~ | 7.42 | 5/12/2028 | 1386908 | 1290073 | 1079764 |
|  | Sabre, 1M SOFR + 6.0000%~ | 9.77 | 11/15/2029 | 460068 | 461400 | 359718 |
|  | The Fidelis Partnership, 3M SOFR + 5.0000%¤~ | 8.65 | 12/31/2031 | 1975000 | 1965125 | 1966903 |
|  | Total Services: Business |  |  | 3821976 | 3716598 | 3406385 |
|  | Telecommunication — 2.40%: | Telecommunication — 2.40%: | Telecommunication — 2.40%: | Telecommunication — 2.40%: | Telecommunication — 2.40%: | Telecommunication — 2.40%: |
|  | BMC Software, 3M SOFR + 5.7500%~ | 9.47 | 7/2/2032 | 6005564 | 5881607 | 4995908 |
|  | Brightspeed, 3M SOFR + 4.250%~ | 7.92 | 4/3/2031 | 1000000 | 921216 | 929750 |
|  | Zayo Group, 3M SOFR + 3.000%~ | 6.79 | 3/8/2030 | 1144770 | 1106058 | 1122264 |
|  | Total Telecommunication |  |  | 8150334 | 7908881 | 7047922 |
|  | Total Bank Loans |  |  | 54496681 | 53145647 | 42311225 |
| **Corporate Bonds — 113.42%:** | **Corporate Bonds — 113.42%:** |  |  |  |  |  |
|  | Automobile — 2.55%: | Automobile — 2.55%: | Automobile — 2.55%: | Automobile — 2.55%: | Automobile — 2.55%: | Automobile — 2.55%: |
|  | Adient PLC+^ | 8.25 | 4/15/2031 | 870000 | 870000 | 902055 |
|  | INA-Holding Schaeffler GmbH & Co KG+ | 7.00 | 11/15/2031 | 1403209 | 1296654 | 1467059 |
|  | J.B. Poindexter & Co. Inc.^ | 8.75 | 12/15/2031 | 4262000 | 4284688 | 4318187 |
|  | NFI Group^ | 9.25 | 7/1/2030 | 200000 | 200000 | 213698 |
|  | ZF Friedrichshafen+ | 7.00 | 6/12/2030 | 577928 | 570672 | 589528 |
|  | Total Automobile |  |  | 7313137 | 7222014 | 7490527 |
|  | Beverage, Food and Tobacco — 0.82%: | Beverage, Food and Tobacco — 0.82%: | Beverage, Food and Tobacco — 0.82%: | Beverage, Food and Tobacco — 0.82%: | Beverage, Food and Tobacco — 0.82%: | Beverage, Food and Tobacco — 0.82%: |
|  | Sizzling Platter^ | 9.50 | 7/1/2032 | 2671000 | 2736349 | 2420839 |
|  | Total Beverage, Food and Tobacco |  |  | 2671000 | 2736349 | 2420839 |
|  | Broadcasting and Entertainment — 3.66%: | Broadcasting and Entertainment — 3.66%: | Broadcasting and Entertainment — 3.66%: | Broadcasting and Entertainment — 3.66%: | Broadcasting and Entertainment — 3.66%: | Broadcasting and Entertainment — 3.66%: |
|  | Altice USA Inc.^ | 11.75 | 1/31/2029 | 2723000 | 2693623 | 1968000 |
|  | Clear Channel Worldwide Holdings Inc.^ | 7.75 | 4/15/2028 | 3337000 | 3370842 | 3352524 |
|  | Connect Finco Sarl+^ | 9.00 | 9/15/2029 | 1186000 | 1186000 | 1245875 |
|  | Cox Media Group^# | 8.88 | 6/18/2029 | 2726602 | 2347371 | 2358486 |
|  | Dish Network Corporation^ | 11.75 | 11/15/2027 | 1770000 | 1768017 | 1823881 |
|  | Total Broadcasting and Entertainment |  |  | 11742602 | 11365853 | 10748766 |
|  | Buildings and Real Estate — 4.88%: | Buildings and Real Estate — 4.88%: | Buildings and Real Estate — 4.88%: | Buildings and Real Estate — 4.88%: | Buildings and Real Estate — 4.88%: | Buildings and Real Estate — 4.88%: |
|  | Intrum Justitia (fka Lindorff)+ | 8.00 | 9/11/2027 | 293991 | 295755 | 292263 |
|  | Intrum Justitia (fka Lindorff)+^ | 7.75 | 9/11/2028 | 1198405 | 1092973 | 1044263 |
|  | Knife River Corporation^ | 7.75 | 5/1/2031 | 2107000 | 2119334 | 2180882 |
|  | Service Properties Trust | 8.88 | 6/15/2032 | 4330000 | 4199408 | 4280277 |
|  | Smyrna Ready Mix Concrete^ | 8.88 | 11/15/2031 | 3359000 | 3396935 | 3461762 |
|  | The New Home Company^ | 9.25 | 10/1/2029 | 1369000 | 1420617 | 1381061 |
|  | Wilsonart LLC^ | 11.00 | 8/15/2032 | 2362000 | 2332726 | 1711767 |
|  | Total Buildings and Real Estate |  |  | 15019396 | 14857748 | 14352275 |
|  | Cargo Transport — 3.86%: | Cargo Transport — 3.86%: | Cargo Transport — 3.86%: | Cargo Transport — 3.86%: | Cargo Transport — 3.86%: | Cargo Transport — 3.86%: |
|  | Carriage Purchaser Inc.^ | 7.88 | 10/15/2029 | 7106000 | 6606013 | 6769841 |
|  | OneSky Flight, LLC^ | 8.88 | 12/15/2029 | 1663000 | 1671620 | 1716244 |
|  | Railworks Hldgs Lp / Railworks Sr^ | 8.25 | 11/15/2028 | 2881000 | 2844200 | 2876458 |
|  | Total Cargo Transport |  |  | 11650000 | 11121833 | 11362543 |
|  | Chemicals, Plastics and Rubber — 4.12%: | Chemicals, Plastics and Rubber — 4.12%: | Chemicals, Plastics and Rubber — 4.12%: | Chemicals, Plastics and Rubber — 4.12%: | Chemicals, Plastics and Rubber — 4.12%: | Chemicals, Plastics and Rubber — 4.12%: |
|  | Bausch Health Companies+^ | 10.00 | 4/15/2032 | 2000000 | 2011301 | 2045061 |
|  | Consolidated Energy Finance SA+^ | 12.00 | 2/15/2031 | 5447000 | 5047201 | 5349281 |
|  | Ineos+ | 5.63 | 8/15/2030 | 115585 | 104105 | 100556 |
|  | Ineos+ | 7.25 | 3/31/2031 | 751306 | 768140 | 682924 |
|  | Proman AG+^# | 5.63 | 10/15/2028 | 2020000 | 1640236 | 1881125 |
|  | Windsor Holdings III LLC^ | 8.50 | 6/15/2030 | 2000000 | 2000000 | 2070984 |
|  | Total Chemicals, Plastics and Rubber |  |  | 12333891 | 11570983 | 12129931 |
|  | Construction and Building — 1.76%: | Construction and Building — 1.76%: | Construction and Building — 1.76%: | Construction and Building — 1.76%: | Construction and Building — 1.76%: | Construction and Building — 1.76%: |
|  | American Bath^ | 9.75 | 7/15/2030 | 2305000 | 2305000 | 2159444 |
|  | Innomotics+ | 6.25 | 10/15/2031 | 725877 | 744380 | 643758 |
|  | US LBM^ | 9.50 | 6/15/2031 | 2735000 | 2755226 | 2380589 |
|  | Total Construction and Building |  |  | 5765877 | 5804606 | 5183791 |
|  | Consumer Goods: Durable — 0.20%: | Consumer Goods: Durable — 0.20%: | Consumer Goods: Durable — 0.20%: | Consumer Goods: Durable — 0.20%: | Consumer Goods: Durable — 0.20%: | Consumer Goods: Durable — 0.20%: |
|  | Newell Brands Inc.^ | 8.50 | 6/1/2028 | 583000 | 583000 | 601617 |
|  | Consumer Goods: Durable |  |  | 583000 | 583000 | 601617 |
|  | Consumer Goods: Non-durable — 0.36%: | Consumer Goods: Non-durable — 0.36%: | Consumer Goods: Non-durable — 0.36%: | Consumer Goods: Non-durable — 0.36%: | Consumer Goods: Non-durable — 0.36%: | Consumer Goods: Non-durable — 0.36%: |
|  | Skechers^ | 10.00 | 7/15/2033 | 1000000 | 1092510 | 1063713 |
|  | Consumer Goods: Durable |  |  | 1000000 | 1092510 | 1063713 |
|  | Containers, Packaging and Glass — 8.99%: | Containers, Packaging and Glass — 8.99%: | Containers, Packaging and Glass — 8.99%: | Containers, Packaging and Glass — 8.99%: | Containers, Packaging and Glass — 8.99%: | Containers, Packaging and Glass — 8.99%: |
|  | Mauser Packaging Solutions^ | 9.25 | 4/15/2030 | 7327000 | 7261483 | 6803506 |
|  | Mauser Packaging Solutions^# | 7.88 | 4/15/2030 | 4197000 | 4197000 | 4184409 |
|  | Novolex Holdings, Inc.^ | 8.75 | 4/15/2030 | 12544000 | 12074100 | 11695199 |
|  | Trident Parent, LLC^ | 12.75 | 12/31/2028 | 3428000 | 3520795 | 3337325 |
|  | Trivium+ | 6.63 | 7/15/2030 | 416108 | 407484 | 418153 |
|  | Total Containers, Packaging, and Glass |  |  | 27912108 | 27460862 | 26438592 |
|  | Diversified/Conglomerate Manufacturing — 0.62%: | Diversified/Conglomerate Manufacturing — 0.62%: | Diversified/Conglomerate Manufacturing — 0.62%: | Diversified/Conglomerate Manufacturing — 0.62%: | Diversified/Conglomerate Manufacturing — 0.62%: | Diversified/Conglomerate Manufacturing — 0.62%: |
|  | Alta Equipment Group^ | 9.00 | 6/1/2029 | 2046000 | 2008982 | 1814569 |
|  | Total Diversified/Conglomerate Manufacturing |  |  | 2046000 | 2008982 | 1814569 |
|  | Diversified/Conglomerate Service — 14.77%: | Diversified/Conglomerate Service — 14.77%: | Diversified/Conglomerate Service — 14.77%: | Diversified/Conglomerate Service — 14.77%: | Diversified/Conglomerate Service — 14.77%: | Diversified/Conglomerate Service — 14.77%: |
|  | Citrix EM^ | 9.00 | 9/30/2029 | 9615000 | 9485072 | 9232251 |
|  | Citrix EM^ | 8.25 | 6/30/2032 | 1259000 | 1259000 | 1190791 |
|  | Engineering Group, 3M EURIBOR + 5.7500%+~ | 7.88 | 2/15/2030 | 427667 | 385172 | 403485 |
|  | Engineering Group+ | 11.13 | 5/15/2028 | 1716445 | 1627861 | 1740642 |
|  | Global Infrastructure Solutions, Inc.^ | 7.50 | 4/15/2032 | 6554000 | 6114887 | 6829124 |
|  | Icahn Enterprises LP | 9.00 | 6/15/2030 | 10709000 | 10701980 | 10000861 |
|  | Icahn Enterprises LP^ | 10.00 | 11/15/2029 | 2377000 | 2377000 | 2341686 |
|  | Jacobs Entertainment Inc^ | 6.75 | 2/15/2029 | 1000000 | 951182 | 926900 |
|  | Sabre Global^# | 10.75 | 3/15/2030 | 4049000 | 3454148 | 3396399 |
|  | Sabre Holdings Corporation^# | 10.75 | 11/15/2029 | 1395000 | 1257198 | 1191672 |
|  | Sinclair Television Group Inc^ | 8.13 | 2/15/2033 | 967000 | 968248 | 983018 |
|  | Verisure Midholding AB+ | 7.13 | 2/1/2028 | 1057608 | 994381 | 1075516 |
|  | Verisure Midholding+ | 5.25 | 2/15/2029 | 4132184 | 4321443 | 4114318 |
|  | Total Diversified/Conglomerate Service |  |  | 45258904 | 43897572 | 43426663 |
|  | Electricity — 1.45%: | Electricity — 1.45%: | Electricity — 1.45%: | Electricity — 1.45%: | Electricity — 1.45%: | Electricity — 1.45%: |
|  | XPLR Infrastructure Operating Partners LP (fka Nextera)^ | 8.38 | 1/15/2031 | 718000 | 718000 | 754947 |
|  | XPLR Infrastructure Operating Partners LP (fka Nextera)^# | 8.63 | 3/15/2033 | 3327000 | 3472674 | 3508980 |
|  | Total Electricity |  |  | 4045000 | 4190674 | 4263927 |
|  | Environmental Industries — 0.20%: | Environmental Industries — 0.20%: | Environmental Industries — 0.20%: | Environmental Industries — 0.20%: | Environmental Industries — 0.20%: | Environmental Industries — 0.20%: |
|  | Urbaser+ | 10.50 | 7/1/2032 | 560590 | 564709 | 594225 |
|  | Total Environmental Industries |  |  | 560590 | 564709 | 594225 |
|  | Finance — 11.58%: | Finance — 11.58%: | Finance — 11.58%: | Finance — 11.58%: | Finance — 11.58%: | Finance — 11.58%: |
|  | Advisor Group^ | 8.00 | 8/1/2033 | 631000 | 631000 | 620288 |
|  | Arrow Global+ | 9.63 | 12/15/2029 | 794155 | 760774 | 775737 |
|  | Arrow Global, 3M EURIBOR + 5.500%+~ | 7.65 | 12/15/2029 | 865736 | 760405 | 839616 |
|  | Arrow Global+ | 7.63 | 12/15/2029 | 395303 | 399276 | 383498 |
|  | Burford Capital^ | 8.50 | 1/15/2034 | 3000000 | 2948600 | 2576160 |
|  | Burford Capital^ | 7.50 | 7/15/2033 | 948000 | 948000 | 791504 |
|  | Cable & Wireless Comm Limited+^ | 9.00 | 1/15/2033 | 4521000 | 4597445 | 4570851 |
|  | CPUK Finance LTD+ | 7.88 | 8/28/2029 | 661796 | 624774 | 670267 |
|  | Galaxy Bidco Ltd.+ | 8.13 | 12/19/2029 | 833863 | 803346 | 852466 |
|  | ION Platform Group+ | 6.88 | 9/30/2032 | 1086504 | 1103610 | 866723 |
|  | ION Platform Group+^ | 7.88 | 9/30/2032 | 4563000 | 4533341 | 3518838 |
|  | Jefferson Capital^ | 9.50 | 2/15/2029 | 3000000 | 3041479 | 3147546 |
|  | Jefferson Capital^ | 8.25 | 5/15/2030 | 723000 | 723000 | 752171 |
|  | OneMain Finance Corporation | 7.88 | 3/15/2030 | 600000 | 596478 | 618193 |
|  | PRA Group^ | 8.38 | 2/1/2028 | 4518000 | 4390640 | 4548890 |
|  | PRA Group^# | 8.88 | 1/31/2030 | 3000000 | 3003452 | 3030058 |
|  | PRA Group+ | 6.25 | 9/30/2032 | 1005594 | 1021295 | 951087 |
|  | Stonebriar Finance Holdings^ | 8.13 | 12/15/2030 | 1203000 | 1203000 | 1242657 |
|  | Travelex(3.01%PIK)¤+ | 3.01 | 3/31/2029 | 4886783 | 4842907 | 3302488 |
|  | Travelex¤+> | 8.00 | 5/15/2026 | 5316936 | 5097344 | 0 |
|  | Total Finance |  |  | 42553670 | 42030166 | 34059038 |
|  | Healthcare and Pharmaceuticals — 5.33%: | Healthcare and Pharmaceuticals — 5.33%: | Healthcare and Pharmaceuticals — 5.33%: | Healthcare and Pharmaceuticals — 5.33%: | Healthcare and Pharmaceuticals — 5.33%: | Healthcare and Pharmaceuticals — 5.33%: |
|  | Advanz Pharma+ | 9.13 | 10/27/2031 | 2183926 | 2131728 | 2097405 |
|  | Bausch Health Companies Inc.+^# | 11.00 | 9/30/2028 | 2250000 | 2327539 | 2297812 |
|  | Bayer+ | 7.00 | 9/25/2083 | 1040270 | 1004682 | 1102807 |
|  | Grifols+ | 7.13 | 5/1/2030 | 1259883 | 1143841 | 1302327 |
|  | Neopharmed+ | 7.13 | 4/8/2030 | 265847 | 248989 | 271317 |
|  | Radiology Partners^ | 8.50 | 7/15/2032 | 3196000 | 3196000 | 3240329 |
|  | Team Health (4.50% PIK)^ | 13.50 | 6/30/2028 | 3074834 | 3322316 | 3174766 |
|  | Team Health^ | 8.38 | 6/30/2028 | 2224000 | 2230735 | 2195991 |
|  | Total Healthcare and Pharmaceuticals |  |  | 15494760 | 15605830 | 15682754 |
|  | Healthcare, Education and Childcare — 9.57%: | Healthcare, Education and Childcare — 9.57%: | Healthcare, Education and Childcare — 9.57%: | Healthcare, Education and Childcare — 9.57%: | Healthcare, Education and Childcare — 9.57%: | Healthcare, Education and Childcare — 9.57%: |
|  | Bausch Health Companies Inc.+^ | 14.00 | 10/15/2030 | 118000 | 142164 | 112644 |
|  | CHS/Community Health Systems Inc^ | 9.75 | 1/15/2034 | 905000 | 905000 | 939676 |
|  | Community Health System Inc.^ | 10.88 | 1/15/2032 | 3609000 | 3693092 | 3871205 |
|  | Community Health System Inc.^ | 6.88 | 4/15/2029 | 286000 | 286000 | 275022 |
|  | Fortrea^ | 7.50 | 7/1/2030 | 1514000 | 1412096 | 1434818 |
|  | LifePoint Health Inc.^ | 9.88 | 8/15/2030 | 2140000 | 2138189 | 2262827 |
|  | LifePoint Health Inc.^ | 11.00 | 10/15/2030 | 3057000 | 3100444 | 3287727 |
|  | LifePoint Health Inc.^# | 10.00 | 6/1/2032 | 5019000 | 5053289 | 5122065 |
|  | Neogen Corporation^ | 8.63 | 7/20/2030 | 2636000 | 2661676 | 2769202 |
|  | Radiology Partners Inc. (9.78% PIK)^ | 9.78 | 2/15/2030 | 7677229 | 7878158 | 7010212 |
|  | Star Parent Inc^ | 9.00 | 10/1/2030 | 1000000 | 1029527 | 1040003 |
|  | Total Healthcare, Education and Childcare |  |  | 27961229 | 28299635 | 28125401 |
|  | High Tech Industries — 3.35%: | High Tech Industries — 3.35%: | High Tech Industries — 3.35%: | High Tech Industries — 3.35%: | High Tech Industries — 3.35%: | High Tech Industries — 3.35%: |
|  | Athenahealth, Inc.+ | 9.36 | 12/18/2029 | 2570656 | 2801113 | 2898147 |
|  | Hughes Satellite Systems Corp | 10.75 | 11/30/2029 | 5712000 | 6049741 | 6170392 |
|  | McAfee^# | 7.38 | 2/15/2030 | 943000 | 822793 | 779046 |
|  | Total High Tech Industries |  |  | 9225656 | 9673647 | 9847585 |
|  | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: | Home and Office Furnishings, Housewares, and Durable Consumer Products — 0.87%: |
|  | Staples Inc.^ | 10.75 | 9/1/2029 | 939000 | 930183 | 867657 |
|  | Staples Inc.^# | 12.75 | 1/15/2030 | 2481633 | 2516603 | 1681859 |
|  | Total Home and Office Furnishings, Housewares, and Durable Consumer Products |  |  | 3420633 | 3446786 | 2549516 |
|  | Hotels, Motels, Inns and Gaming — 2.19%: | Hotels, Motels, Inns and Gaming — 2.19%: | Hotels, Motels, Inns and Gaming — 2.19%: | Hotels, Motels, Inns and Gaming — 2.19%: | Hotels, Motels, Inns and Gaming — 2.19%: | Hotels, Motels, Inns and Gaming — 2.19%: |
|  | Betclic | 5.13 | 12/10/2031 | 358315 | 363304 | 354131 |
|  | Full House Resorts^ | 8.25 | 2/15/2028 | 2600000 | 2575224 | 2366000 |
|  | Motel One+ | 7.75 | 4/2/2031 | 924684 | 914253 | 958939 |
|  | Six Flags Entertainment Corporation (fka Cedar Fair)^ | 8.63 | 1/15/2032 | 277000 | 277000 | 277651 |
|  | TUI Cruises+ | 6.25 | 4/15/2029 | 404549 | 376057 | 408625 |
|  | Voyager Parent LLC (fka IGT/Everi)^ | 9.25 | 7/1/2032 | 1987000 | 1987000 | 2062893 |
|  | Total Hotels, Motels, Inns and Gaming |  |  | 6551548 | 6492838 | 6428239 |
|  | Leisure, Amusement, Entertainment — 0.49%: | Leisure, Amusement, Entertainment — 0.49%: | Leisure, Amusement, Entertainment — 0.49%: | Leisure, Amusement, Entertainment — 0.49%: | Leisure, Amusement, Entertainment — 0.49%: | Leisure, Amusement, Entertainment — 0.49%: |
|  | Ontario Gaming GTA LP+^ | 8.00 | 8/1/2030 | 743000 | 747771 | 711067 |
|  | Silk TopCo AS+ | 7.00 | 2/12/2030 | 992401 | 864378 | 715149 |
|  | Total Leisure, Amusement, Entertainment |  |  | 1735401 | 1612149 | 1426216 |
|  | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: | Machinery (Non-Agriculture, Non-Construct, Non-Electronic) — 0.53%: |
|  | Copeland | 6.38 | 12/15/2030 | 1537288 | 1489964 | 1564762 |
|  | Total Machinery (Non-Agriculture, Non-Construct, Non-Electronic) |  |  | 1537288 | 1489964 | 1564762 |
|  | Media: Broadcasting & Subscription — 3.49%: | Media: Broadcasting & Subscription — 3.49%: | Media: Broadcasting & Subscription — 3.49%: | Media: Broadcasting & Subscription — 3.49%: | Media: Broadcasting & Subscription — 3.49%: | Media: Broadcasting & Subscription — 3.49%: |
|  | Electronic Arts^ | 8.75 | 7/1/2034 | 2213000 | 2254250 | 2319519 |
|  | E.W. Scripps^ | 9.88 | 8/15/2030 | 600000 | 601975 | 583302 |
|  | iHeartMedia^# | 7.75 | 8/15/2030 | 342000 | 296690 | 271330 |
|  | iHeartMedia^ | 4.75 | 1/15/2028 | 1100000 | 1023223 | 986129 |
|  | Nielsen^ | 10.38 | 5/15/2031 | 1000000 | 1003400 | 1008170 |
|  | Nielsen^ | 9.50 | 2/15/2033 | 3781000 | 3748361 | 3668053 |
|  | Nielsen^ | 9.29 | 4/15/2029 | 1411000 | 1368717 | 1413434 |
|  | Total Media: Broadcasting & Subscription |  |  | 10447000 | 10296616 | 10249937 |
|  | Media: Diversified & Production — 0.30%: | Media: Diversified & Production — 0.30%: | Media: Diversified & Production — 0.30%: | Media: Diversified & Production — 0.30%: | Media: Diversified & Production — 0.30%: | Media: Diversified & Production — 0.30%: |
|  | Banijay+ | 7.00 | 5/1/2029 | 577928 | 613283 | 592464 |
|  | Eutelsat+ | 5.75 | 3/15/2031 | 294743 | 301052 | 295342 |
|  | Total Media: Diversified & Production |  |  | 872671 | 914335 | 887806 |
|  | Mining, Steel, Iron and Non-Precious Metals — 0.71%: | Mining, Steel, Iron and Non-Precious Metals — 0.71%: | Mining, Steel, Iron and Non-Precious Metals — 0.71%: | Mining, Steel, Iron and Non-Precious Metals — 0.71%: | Mining, Steel, Iron and Non-Precious Metals — 0.71%: | Mining, Steel, Iron and Non-Precious Metals — 0.71%: |
|  | First Quantum Minerals Ltd+^ | 8.00 | 3/1/2033 | 1990000 | 1990000 | 2074251 |
|  | Total Mining, Steel, Iron and Non-Precious Metals |  |  | 1990000 | 1990000 | 2074251 |
|  | Oil and Gas — 9.81%: | Oil and Gas — 9.81%: | Oil and Gas — 9.81%: | Oil and Gas — 9.81%: | Oil and Gas — 9.81%: | Oil and Gas — 9.81%: |
|  | Breakwater+^ | 9.25 | 11/15/2030 | 1089000 | 1089000 | 1143581 |
|  | Civitas Resources Inc^ | 8.75 | 7/1/2031 | 1483000 | 1488627 | 1549731 |
|  | Civitas Resources Inc^ | 9.63 | 6/15/2033 | 2000000 | 2051863 | 2210322 |
|  | CVR Energy, Inc.^ | 7.50 | 2/15/2031 | 990000 | 990000 | 997396 |
|  | CVR Energy, Inc.^ | 7.88 | 2/15/2034 | 1460000 | 1460000 | 1464756 |
|  | Genesis Energy LP | 8.88 | 4/15/2030 | 1000000 | 985500 | 1044180 |
|  | Genesis Energy LP | 8.00 | 5/15/2033 | 773000 | 773000 | 798643 |
|  | Harbour Energy+ | 6.12 | 8/8/2174 | 1021776 | 1006113 | 1026681 |
|  | Harvest Midstream I LP^ | 7.50 | 5/15/2032 | 3265000 | 3305390 | 3324668 |
|  | NGL Energy Finance Corp.^ | 8.13 | 2/15/2029 | 621000 | 621000 | 639616 |
|  | NGL Energy Finance Corp.^ | 8.38 | 2/15/2032 | 2274000 | 2274000 | 2342206 |
|  | Sunoco LP^ | 7.88 | 3/18/2175 | 7552000 | 7587188 | 7707662 |
|  | Var Energi+ | 7.86 | 11/15/2083 | 1140829 | 1077477 | 1230450 |
|  | Venture Global LNG Inc^# | 9.00 | 3/30/2175 | 2100000 | 2081625 | 2090362 |
|  | Viridien+ | 8.50 | 10/15/2030 | 219479 | 207363 | 230321 |
|  | Viridien+^# | 10.00 | 10/15/2030 | 982000 | 973856 | 1044600 |
|  | Weatherford Intl Ltd Bermuda Sr Glbl+^ | 8.63 | 4/30/2030 | 1000 | 1010 | 1019 |
|  | Total Oil and Gas |  |  | 27972084 | 27973012 | 28846194 |
|  | Personal, Food, and Miscellaneous — 0.51%: | Personal, Food, and Miscellaneous — 0.51%: | Personal, Food, and Miscellaneous — 0.51%: | Personal, Food, and Miscellaneous — 0.51%: | Personal, Food, and Miscellaneous — 0.51%: | Personal, Food, and Miscellaneous — 0.51%: |
|  | Herbalife^ | 12.25 | 4/15/2029 | 1418000 | 1447562 | 1512090 |
|  | Total Personal, Food, and Miscellaneous |  |  | 1418000 | 1447562 | 1512090 |
|  | Personal Transportation — 1.06%: | Personal Transportation — 1.06%: | Personal Transportation — 1.06%: | Personal Transportation — 1.06%: | Personal Transportation — 1.06%: | Personal Transportation — 1.06%: |
|  | JetBlue^ | 9.88 | 9/20/2031 | 3011000 | 2992261 | 2847120 |
|  | Naviera Armas, 3M EURIBOR + 12.7500% (12.75% PIK)+ | 13.94 | 12/31/2026 | 355382 | 370418 | 273644 |
|  | Total Personal Transportation |  |  | 3366382 | 3362679 | 3120764 |
|  | Retail Store — 0.72%: | Retail Store — 0.72%: | Retail Store — 0.72%: | Retail Store — 0.72%: | Retail Store — 0.72%: | Retail Store — 0.72%: |
|  | Afflelou+ | 6.00 | 7/25/2029 | 416108 | 393714 | 423042 |
|  | Boots | 7.38 | 8/31/2032 | 225011 | 228038 | 223463 |
|  | Motor Fuel Group+ | 8.63 | 4/30/2029 | 724005 | 749107 | 736037 |
|  | Ocado Group PLC+ | 10.50 | 8/8/2029 | 757094 | 712220 | 745109 |
|  | Total Retail Store |  |  | 2122218 | 2083079 | 2127651 |
|  | Services: Business — 1.61%: | Services: Business — 1.61%: | Services: Business — 1.61%: | Services: Business — 1.61%: | Services: Business — 1.61%: | Services: Business — 1.61%: |
|  | Modulaire Group+ | 6.75 | 11/30/2029 | 780202 | 667119 | 533520 |
|  | Opifex-Synergy^ | 7.88 | 12/1/2030 | 327000 | 327000 | 333444 |
|  | Sabre Global^ | 11.13 | 7/15/2030 | 1065000 | 1065000 | 902587 |
|  | Sabre Global^ | 11.13 | 6/15/2029 | 2884000 | 2867962 | 2950545 |
|  | Total Services: Business |  |  | 5056202 | 4927081 | 4720096 |
|  | Services: Consumer — 0.79%: | Services: Consumer — 0.79%: | Services: Consumer — 0.79%: | Services: Consumer — 0.79%: | Services: Consumer — 0.79%: | Services: Consumer — 0.79%: |
|  | Asurion^ | 8.38 | 2/1/2034 | 1176000 | 1180970 | 1139407 |
|  | Asurion^ | 8.00 | 12/31/2032 | 945000 | 951882 | 978767 |
|  | Travelex¤+ | 15.00 | 12/31/2028 | 191730 | 195308 | 191730 |
|  | Total Services: Consumer |  |  | 2312730 | 2328160 | 2309904 |
|  | Telecommunications — 10.85%: | Telecommunications — 10.85%: | Telecommunications — 10.85%: | Telecommunications — 10.85%: | Telecommunications — 10.85%: | Telecommunications — 10.85%: |
|  | Altice France+^ | 9.50 | 11/1/2029 | 1682549 | 1682549 | 1699827 |
|  | Brightspeed^ | 10.50 | 4/3/2031 | 920000 | 903987 | 908389 |
|  | Consolidated Communications Hldgs.+ | 7.75 | 1/24/2033 | 866892 | 925347 | 971948 |
|  | Digicel Limited ¤+^> | 8.25 | 9/30/2026 | 2500000 | 2491364 | 0 |
|  | Digicel+^ | 8.63 | 8/1/2032 | 3219000 | 3270116 | 3274364 |
|  | Iliad Holding+^ | 8.50 | 4/15/2031 | 385000 | 385000 | 402738 |
|  | Iliad Holding+ | 6.88 | 4/15/2031 | 635721 | 586961 | 662288 |
|  | LCPR Senior Secured Financing+^ | 6.75 | 10/15/2027 | 2000000 | 1915144 | 1334371 |
|  | Level III^# | 8.50 | 1/15/2036 | 4115667 | 4244132 | 4293504 |
|  | Ocado+ | 11.00 | 6/15/2030 | 1588310 | 1599709 | 1583623 |
|  | Optics+ | 7.88 | 7/31/2028 | 409173 | 381301 | 437988 |
|  | United Group+ | 6.75 | 2/15/2031 | 1155856 | 1087950 | 1162505 |
|  | United Group+ | 6.50 | 10/31/2031 | 1429793 | 1342976 | 1408435 |
|  | Uniti Group Inc.^# | 8.63 | 6/15/2032 | 2013000 | 2053093 | 2050481 |
|  | Uniti Group Inc.^ | 8.63 | 6/15/2032 | 7406000 | 7317061 | 7543897 |
|  | Virgin Media O2+^ | 8.50 | 3/15/2033 | 2000000 | 2000000 | 1744217 |
|  | Vodafone Group PLC+ | 8.00 | 8/30/2086 | 926514 | 993206 | 969436 |
|  | Windstream^ | 8.25 | 10/1/2031 | 431000 | 444774 | 450329 |
|  | Zayo Group^ | 5.75 | 3/9/2030 | 1000000 | 981612 | 994140 |
|  | Total Telecommunications |  |  | 34684475 | 34606282 | 31892480 |
|  | Utilities — 1.42%: | Utilities — 1.42%: | Utilities — 1.42%: | Utilities — 1.42%: | Utilities — 1.42%: | Utilities — 1.42%: |
|  | Electricite de France SA+# | 9.13 | 12/15/2174 | 600000 | 632500 | 694434 |
|  | Enbridge Inc.+# | 7.38 | 1/15/2083 | 1749000 | 1724951 | 1774635 |
|  | Enbridge Inc.+ | 8.25 | 1/15/2084 | 1624000 | 1624000 | 1712740 |
|  | Total Utilities |  |  | 3973000 | 3981451 | 4181809 |
|  | Total Corporate Bonds |  |  | 350596452 | 347038967 | 333498471 |
|  | Total Fixed Income |  |  | 431668133 | 426729614 | 399983635 |
|  | Total Investments |  |  |  | $429588921 | $400268237 |
| Other assets and liabilities — (36.13%) | Other assets and liabilities — (36.13%) | Other assets and liabilities — (36.13%) | Other assets and liabilities — (36.13%) | Other assets and liabilities — (36.13%) | Other assets and liabilities — (36.13%) |  |
|  |  |  |  |  |  | **(106226883)** |
|  | Net Assets — 100.00% | Net Assets — 100.00% | Net Assets — 100.00% | Net Assets — 100.00% | Net Assets — 100.00% | $**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294041354** |
|  | Percentages are calculated as a percent of net assets applicable to common shareholders. | Percentages are calculated as a percent of net assets applicable to common shareholders. | Percentages are calculated as a percent of net assets applicable to common shareholders. | Percentages are calculated as a percent of net assets applicable to common shareholders. | Percentages are calculated as a percent of net assets applicable to common shareholders. | Percentages are calculated as a percent of net assets applicable to common shareholders. |
|  | EURIBOR - Euro Interbank Offered Rate | EURIBOR - Euro Interbank Offered Rate | EURIBOR - Euro Interbank Offered Rate | EURIBOR - Euro Interbank Offered Rate | EURIBOR - Euro Interbank Offered Rate | EURIBOR - Euro Interbank Offered Rate |
|  | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate |
| \* | Securities are non-income producing. | Securities are non-income producing. | Securities are non-income producing. | Securities are non-income producing. | Securities are non-income producing. | Securities are non-income producing. |
| ‡ | The effective interest rates are based on settled commitment amount. | The effective interest rates are based on settled commitment amount. | The effective interest rates are based on settled commitment amount. | The effective interest rates are based on settled commitment amount. | The effective interest rates are based on settled commitment amount. | The effective interest rates are based on settled commitment amount. |
| <sup>§</sup> | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. | Bank loans are exempt from registration under the Securities Act of 1933, as amended, but contain certain restrictions on resale and cannot be sold publicly. These loans pay interest at rates which adjust periodically. The interest rates shown for bank loans are the current interest rates at March 31, 2026. Bank loans are also subject to mandatory and/or optional prepayment which cannot be predicted. As a result, the remaining maturity may be substantially less than the stated maturity shown. |
| ¤ | Value determined using significant unobservable inputs, security is categorized as Level 3. | Value determined using significant unobservable inputs, security is categorized as Level 3. | Value determined using significant unobservable inputs, security is categorized as Level 3. | Value determined using significant unobservable inputs, security is categorized as Level 3. | Value determined using significant unobservable inputs, security is categorized as Level 3. | Value determined using significant unobservable inputs, security is categorized as Level 3. |
| + | Foreign security. | Foreign security. | Foreign security. | Foreign security. | Foreign security. | Foreign security. |
| ^ | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. | Security exempt from registration under Rule 144a of the Securities Act of 1933. These securities may only be resold in transactions exempt from registration, normally to qualified institutional buyers. |
| ~ | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. | Variable rate security. The interest rate shown is the rate in effect at March 31, 2026. |
| # | All or a portion of the security is segregated as collateral for the credit facility. | All or a portion of the security is segregated as collateral for the credit facility. | All or a portion of the security is segregated as collateral for the credit facility. | All or a portion of the security is segregated as collateral for the credit facility. | All or a portion of the security is segregated as collateral for the credit facility. | All or a portion of the security is segregated as collateral for the credit facility. |
| > | Defaulted security. |  |  |  |  |  |
| PIK | Payment-in-kind |  |  |  |  |  |
| \*\* | A portion of these securities contain unfunded commitments. As of March 31, 2026, total value of unfunded commitments amounted to $132,734 and had net unrealized depreciation of $(15055) or (0.00)% of net assets. | A portion of these securities contain unfunded commitments. As of March 31, 2026, total value of unfunded commitments amounted to $132,734 and had net unrealized depreciation of $(15055) or (0.00)% of net assets. | A portion of these securities contain unfunded commitments. As of March 31, 2026, total value of unfunded commitments amounted to $132,734 and had net unrealized depreciation of $(15055) or (0.00)% of net assets. | A portion of these securities contain unfunded commitments. As of March 31, 2026, total value of unfunded commitments amounted to $132,734 and had net unrealized depreciation of $(15055) or (0.00)% of net assets. | A portion of these securities contain unfunded commitments. As of March 31, 2026, total value of unfunded commitments amounted to $132,734 and had net unrealized depreciation of $(15055) or (0.00)% of net assets. |  |
|  | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. | Distributions of investments by country of risk. Percentage of assets are expressed by market value excluding cash and accrued income as of March 31, 2026. |
|  | United States of America | 83.6% |  |  |  |  |
|  | France | 3.0% |  |  |  |  |
|  | United Kingdom | 3.0% |  |  |  |  |
|  | Sweden | 1.6% |  |  |  |  |
|  | Germany | 1.6% |  |  |  |  |
|  | Panama | 1.1% |  |  |  |  |
|  | Canada | 1.0% |  |  |  |  |
|  | (Individually less than 1%) | 5.1% |  |  |  |  |
|  |  | 100.0% |  |  |  |  |

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: | A summary of outstanding derivatives at March 31, 2026 is as follows: |
| **Schedule of Open Forward Foreign Exchange Contracts** | **Schedule of Open Forward Foreign Exchange Contracts** | **Schedule of Open Forward Foreign Exchange Contracts** | **Schedule of Open Forward Foreign Exchange Contracts** |  |  |  |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |  |  |  |
|  |  |  |  |  | Forward | Unrealized |
| Currency to be | Currency to be | Currency to be |  | Counterparty of | Settlement | Appreciation / |
| Received | Received | Delivered<sup>(1)</sup> |  | Contract | Date | (Depreciation) |
| 38459669 | USD | 38289148 | EUR | CIBC |  | 170521 |
| 13818186 | USD | 13614447 | GBP | CIBC |  | 203738 |
|  |  |  |  |  |  | $374259 |
| <sup>(1)</sup> Values are listed in U.S. dollars. |  |  |  |  |  |  |

---

------

Schedule of Investments.

*Valuation of Instruments*

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-tier hierarchy is utilized to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. For example, market participants would consider the risk inherent in a particular valuation technique used to measure fair value, such as a pricing model, and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability and are 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 and are 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 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The following is a summary of the inputs used as of March 31, 2026, in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Level 1 | Level 2 | Level 3 | Total Investments |
| Assets: |  |  |  |  |
| Equities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $- | $163952 | $120650 | $284602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warrants | - | - | - | - |
| Total Equities: | - | 163952 | 120650 | 284602 |
| Fixed Income: |  |  |  |  |
| Asset-Backed Securities | - | 24173939 | - | 24173939 |
| Bank Loans | - | 38365282 | 3945943 | 42311225 |
| Convertible Bonds | - | - | - | - |
| Corporate Bonds | - | 330004253 | 3494218 | 333498471 |
| Total Fixed Income | - | 392543474 | 7440161 | 399983635 |
| Short Term Investments: |  |  |  |  |
| Insurance | - | - | - | - |
| Total Short Term Investments | - | - | - | - |
| Forward Foreign Exchange Contracts | - | 374259 | - | 374259 |
| Total Assets: | $- | $393081685 | $7560811 | $400642496 |
| Liabilities: |  |  |  |  |
| Forward Foreign Exchange Contracts: | $- | $- | $- | $- |
| Total Liabilities: | $- | $- | $- | $- |

---

The following table is a summary of quantitative information about significant unobservable valuation inputs for Level 3 fair value measurement for investments held as of March 31, 2026. A significant change in third party information could result in a significantly lower or higher value of such Level 3 financial instruments:

---

| | | | |
|:---|:---|:---|:---|
| Type of Assets | Fair Value as of <br> March 31, 2026 | Valuation Technique(s) | Unobservable Input |
| <u>Bank Loans:</u> |  |  |  |
| J&J Ventures Gaming | 1979040 | Yield Analysis | 9.1%; Market Yield |
| The Fidelis Partnership | 1966903 | Yield Analysis | 9.3%; Market Yield |
| <u>Corporate Bonds:</u> |  |  |  |
| Travelex | 191730 | Market Approach | 5.66x; NCY EBITDA Multiple |
| Travelex | 3302488 | Market Approach | 5.66x; NCY EBITDA Multiple |
|  | $7440161 |  |  |

---

As of March 31, 2026, the Fund held Level 3 financial instruments in the amount of $120,650 that had values based on unadjusted third-party pricing information.

Although the Fund believes the valuation methods described above are appropriate, the use of different methodologies or assumptions to determine fair value could result in different estimates of fair value at the reporting date. The following is a reconciliation of Level 3 investments based upon the inputs used to determine fair value: <br>

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | BALANCE AT DECEMBER 31, 2025 | TRANSFERS INTO LEVEL 3 | TRANSFERS OUT OF LEVEL 3 | PURCHASES | SALES | ACCRETION OF DISCOUNT | REALIZED GAIN / (LOSS) | CHANGE IN UNREALIZED APPRECIATION / (DEPRECIATION) ON INVESTMENTS | BALANCE AT March 31, 2026 | CHANGE IN UNREALIZED APPRECIATION / (DEPRECIATION) FROM INVESTMENTS HELD AS OF March 31, 2026 |
| **Equities** |  |  |  |  |  |  |  |  |  |  |
| Cohesity | 88243 | - | - | - | - | - | - | (16898) | 71345 | (16898) |
| Cohesity | 59685 | - | - | - | - | - | - | (10380) | 49305 | (10380) |
| ESC CB 144A High Ridge | - | - | - | - | - | - | - | - | - | - |
| Flint Group Ordinary A Shares Stapled to 2L | - | - | - | - | - | - | - | - | - | - |
| Naviera Armas | - | - | - | - | - | - | - | - | - | - |
| Travelex Private Equity Stapled to 12.5% New Money Notes | - | - | - | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | 147928 | - | - | - | - | - | - | (27278) | 120650 | (27278) |
| Travelex Topco Limited | - | - | - | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Warrants | - | - | - | - | - | - | - | - | - | - |
| **Total Equities** | 147928 | - | - | - | - | - | - | (27278) | 120650 | (27278) |
| **Bank Loans** |  |  |  |  |  |  |  |  |  |  |
| Aspen Insurance Holdings LTD. | 2900771 | - | - | - | (2900771) | - | 27657 | (27657) | - | - |
| Aspen Insurance Holdings LTD. | 4744755 | - | - | - | (4744755) | 1540 | 32834 | (34374) | - | - |
| J&J Ventures Gaming | 1980000 | - | - | - | (5000) | 834 | 44 | 3162 | 1979040 | 3162 |
| The Fidelis Partnership | 1976465 | - | - | - | (10000) | - | 50 | 388 | 1966903 | 388 |
| **Bank Loans** | 11601991 | - | - | - | (7660526) | 2374 | 60585 | (58481) | 3945943 | 3550 |
| **Corporate Bonds** |  |  |  |  |  |  |  |  |  |  |
| Digicel Limited | - | - | - | - | - | - | - | - | - | - |
| Travelex | 185500 | - | - | 9801 | - | - | - | (3571) | 191730 | (3571) |
| Travelex | - | - | - | - | - | - | - | - | - | - |
| Travelex | 3338011 | - | - | 37514 | - | 1903 | - | (74940) | 3302488 | (74940) |
| **Corporate Bonds** | 3523511 | - | - | 47315 | - | 1903 | - | (78511) | 3494218 | (78511) |
| **Total** | $**15273430** | $**-** | $**-** | $**47315** | $**(7660526)** | $**4277** | $**60585** | $**(164270)** | $**7560811** | $**(102239)** |

---

During the period, transfers into and out of Level 3 resulted from observable market data for the security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Barings Global Short Duration High Yield Fund

- **b. Investment Company Act file number:** 811-22562

- **c. CIK number of Registrant:** 0001521404

- **d. LEI of Registrant:** 549300WWIZCL845OP089

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

  - **Street Address 1:** 300 South Tryon Street

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28202

  - **Telephone number:** 704-347-6798

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

- **a. Name of Series:** Barings Global Short Duration High Yield Fund

- **c. LEI of Series:** 549300WWIZCL845OP089

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $427308883.05

**Total Liabilities:** $133292444.36

**Net Assets:** $294016438.69

**Delayed Delivery Securities:** $6004250.00

**Cash Not Reported:** $9827956.91

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 43.273670000000 | **1-Year:** 1510.119990000000 | **5-Year:** 80430.584800000000 | **10-Year:** 40195.996150000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 1997.356630000000 | **10-Year:** 854.739400000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.42%                | -4.55%               | -3.56%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $462870.28               | $1268022.75                                |
| Month 2  | $784319.38               | $-7514901.97                               |
| Month 3  | $-17.34                  | $-7578548.81                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ICAHN ENTERPRISES/FIN          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                         | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2377000 | PA      | $2341685.72   | 0.80%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC       | iHeartCommunications Inc                                                      | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $986129.47    | 0.34%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC       | iHeartCommunications Inc                                                      | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    342000 | PA      | $271330.17    | 0.09%             | 2030-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC           | LifePoint Health Inc                                                          | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3057000 | PA      | $3287727.08   | 1.12%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC           | LifePoint Health Inc                                                          | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   5019000 | PA      | $5122065.17   | 1.74%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                         | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   4197000 | PA      | $4184409.00   | 1.42%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                         | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   7327000 | PA      | $6803506.37   | 2.31%             | 2030-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| LUNA 1.5 SARL                  | Luna 1.5 Sarl                                                                 | CUSIP: YM9268637<br>LEI: 64884UZ60Y77J5XK5C41 | Long             | DBT              | CORP              | LU        |    485000 | PA      | $594225.35    | 0.20%             | 2032-07-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC          | Bausch Health Cos Inc                                                         | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   2250000 | PA      | $2297812.50   | 0.78%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC          | Bausch Health Cos Inc                                                         | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    118000 | PA      | $112643.66    | 0.04%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| BCPE FLAVOR DEBT/ISSUER        | BCPE Flavor Debt Merger Sub LLC and BCPE Flavor Issuer Inc                    | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2671000 | PA      | $2420839.21   | 0.82%             | 2032-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO        | Beach Acquisition Bidco LLC                                                   | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1063713.00   | 0.36%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.           | Birch Grove CLO 16 Ltd                                                        | CUSIP: 090972AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1750000.00   | 0.60%             | 2039-04-23      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| BREAKWATER ENRGY HOLD          | Breakwater Energy Holdings Sarl                                               | CUSIP: 10637BAA3<br>LEI: 984500969HAFA937F390 | Long             | DBT              | CORP              | LU        |   1089000 | PA      | $1143580.68   | 0.39%             | 2030-11-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                            | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    948000 | PA      | $791504.16    | 0.27%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC             | CP Atlas Buyer Inc                                                            | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   2305000 | PA      | $2159444.09   | 0.73%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN        | Consolidated Energy Finance SA                                                | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   2020000 | PA      | $1881125.00   | 0.64%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN        | Consolidated Energy Finance SA                                                | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   5447000 | PA      | $5349280.82   | 1.82%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| STAR PARENT INC                | Star Parent Inc                                                               | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1040003.00   | 0.35%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| STONEBRIAR ABF LLC             | Stonebriar ABF Issuer LLC                                                     | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1203000 | PA      | $1242656.90   | 0.42%             | 2030-12-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                      | Sunoco LP                                                                     | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | EP               | CORP              | US        |   7552000 | PA      | $7707661.82   | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNERGY INFRASTRUCTURE H       | Synergy Infrastructure Holdings LLC                                           | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $333444.19    | 0.11%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd               | Symphony CLO 49 Ltd                                                           | CUSIP: 871982AA2<br>LEI: 254900BYQFV5C4XOYM09 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $981311.00    | 0.33%             | 2038-07-20      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC       | Team Health Holdings Inc                                                      | CUSIP: 87817AAB3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |   3074834 | PA      | $3174765.97   | 1.08%             | 2028-06-30      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC       | Team Health Holdings Inc                                                      | CUSIP: 87817AAE7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |   2224000 | PA      | $2195991.19   | 0.75%             | 2028-06-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TRAVELEX PRIVATE EQ            | TRAVELEX PRIVATE EQ                                                           | CUSIP: 894662CP8<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     16764 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TRAVELEX TOPCO LIMITED WARRANT | TRAVELEX TOPCO LIMITED WARRANT                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |      2218 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC       | Trident TPI Holdings Inc                                                      | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   3428000 | PA      | $3337325.29   | 1.14%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC               | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2013000 | PA      | $2050481.27   | 0.70%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                     | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    718000 | PA      | $754946.84    | 0.26%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                     | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   3327000 | PA      | $3508980.25   | 1.19%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC        | Zayo Group Holdings Inc                                                       | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994140.00    | 0.34%             | 2030-03-09      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BARINGS LLC                    | BARINGS LLC                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1395572 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TFP REALISATIONS PLC           | TFP Realisations PLC                                                          | CUSIP: AN3183315<br>LEI: 6354009XFWVZER7G5X35 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $0.00         | 0.00%             | 2026-05-15      | None          | 8.00%                 | No            |                  3 | On Loan: No      |
| BCP V MODULAR SERVICES         | BCP V Modular Services Finance PLC                                            | CUSIP: BR7688145<br>LEI: 213800K8U94KVZL98H64 | Long             | DBT              | CORP              | GB        |    675000 | PA      | $533520.43    | 0.18%             | 2029-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                | United Group BV                                                               | CUSIP: ZF4880653<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1162505.00   | 0.40%             | 2031-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TUI CRUISES GMBH               | TUI Cruises GmbH                                                              | CUSIP: ZB2786950<br>LEI: 529900SVD83QUUIZYY18 | Long             | DBT              | CORP              | DE        |    350000 | PA      | $408624.58    | 0.14%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAYER AG                       | Bayer AG                                                                      | CUSIP: ZH0180542<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    900000 | PA      | $1102807.41   | 0.38%             | 2083-09-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP           | Boots Group Finco LP                                                          | CUSIP: YM3484677<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |    170000 | PA      | $223462.97    | 0.08%             | 2032-08-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                | United Group BV                                                               | CUSIP: YU4053010<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |   1237000 | PA      | $1408434.68   | 0.48%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT          | Banijay Entertainment SAS                                                     | CUSIP: ZI7993283<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $592463.80    | 0.20%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CPUK FINANCE LTD               | CPUK Finance Ltd                                                              | CUSIP: ZB9440890<br>LEI: 6354003CVDDPNXREIR29 | Long             | DBT              | CORP              | JE        |    500000 | PA      | $670266.74    | 0.23%             | 2029-08-28      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BETCLIC EVEREST GROUP SA       | Betclic Everest Group SAS                                                     | CUSIP: YI1577174<br>LEI: 96950037FKVH5JOEKU82 | Long             | DBT              | CORP              | FR        |    310000 | PA      | $354130.95    | 0.12%             | 2031-12-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN          | Trivium Packaging Finance BV                                                  | CUSIP: YO6702360<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    360000 | PA      | $418152.55    | 0.14%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC            | Boxer Parent Co Inc                                                           | CUSIP: 05988HAN7<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   6005564 | PA      | $4995908.22   | 1.70%             | 2032-07-30      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC       | Trident TPI Holdings Inc                                                      | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |   2779071 | PA      | $2627528.72   | 0.89%             | 2028-09-18      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| TRAVELEX ISSUERCO 2 PLC        | Travelex Issuerco 2 PLC                                                       | CUSIP: BM2401651<br>LEI: 213800X5CA5ZLTI55177 | Long             | DBT              | CORP              | GB        |   3692062 | PA      | $3302487.69   | 1.12%             | 2029-03-31      | Fixed         | 3.01%                 | No            |                  3 | On Loan: No      |
| TRAVELEX ISSUERCO 2 PLC        | Travelex Issuerco 2 PLC                                                       | CUSIP: YK8423757<br>LEI: 213800X5CA5ZLTI55177 | Long             | DBT              | CORP              | GB        |    144856 | PA      | $191730.20    | 0.07%             | 2028-12-31      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                            | CUSIP: 12116LAJ8<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2576160.00   | 0.88%             | 2034-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE LTD         | C&W Senior Finance Ltd                                                        | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |   4521000 | PA      | $4570850.81   | 1.55%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd         | Canyon Capital CLO 2022-2 Ltd                                                 | CUSIP: 13877MAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1175000 | PA      | $1078707.58   | 0.37%             | 2038-04-15      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd         | Canyon Capital CLO 2019-2 Ltd                                                 | CUSIP: 13887VAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $861675.00    | 0.29%             | 2034-10-15      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS              | Iliad Holding SAS                                                             | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    385000 | PA      | $402737.72    | 0.14%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US        | ION Platform Finance US Inc                                                   | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |   4563000 | PA      | $3518837.76   | 1.20%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC         | JB Poindexter & Co Inc                                                        | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   4262000 | PA      | $4318186.88   | 1.47%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC       | Jacobs Entertainment Inc                                                      | CUSIP: 469815AL8<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $926900.00    | 0.32%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN       | Jefferson Capital Holdings LLC                                                | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3147546.00   | 1.07%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN       | Jefferson Capital Holdings LLC                                                | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    723000 | PA      | $752170.88    | 0.26%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY        | JetBlue Airways Corp / JetBlue Loyalty LP                                     | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3011000 | PA      | $2847120.45   | 0.97%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd          | KKR CLO 20 Ltd                                                                | CUSIP: 48251VAA4<br>LEI: 549300HJX0LGFQYWTF96 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1466064.00   | 0.50%             | 2030-10-16      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd          | KKR Clo 34 Ltd                                                                | CUSIP: 48254DAA1<br>LEI: 254900DSRKUNUNRNUG13 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1720742.00   | 0.59%             | 2034-07-15      | Floating      | 10.78%                | No            |                  2 | On Loan: No      |
| KNIFE RIVER CORP               | Knife River Corp                                                              | CUSIP: 498894AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2107000 | PA      | $2180881.96   | 0.74%             | 2031-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC              | INEOS Finance PLC                                                             | CUSIP: YS9984461<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $100555.60    | 0.03%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH           | IHO Verwaltungs GmbH                                                          | CUSIP: YU1799250<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1214000 | PA      | $1467058.54   | 0.50%             | 2031-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS              | Iliad Holding SAS                                                             | CUSIP: ZB7801333<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    550000 | PA      | $662287.58    | 0.23%             | 2031-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC              | INEOS Finance PLC                                                             | CUSIP: YK3277877<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $682923.92    | 0.23%             | 2031-03-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| INTRUM INV AND FIN             | Intrum Investments And Financing AB                                           | CUSIP: YM5887646<br>LEI: 984500D7B1EFD7460452 | Long             | DBT              | CORP              | SE        |    254349 | PA      | $292262.63    | 0.10%             | 2027-09-11      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE SAR       | ION Platform Finance SARL                                                     | CUSIP: YK3683702<br>LEI: 6488IU1F9M51Z3P60R77 | Long             | DBT              | CORP              | LU        |    940000 | PA      | $866722.53    | 0.29%             | 2032-09-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INTRUM INV AND FIN             | Intrum Investments And Financing AB                                           | CUSIP: YM5881359<br>LEI: 984500D7B1EFD7460452 | Long             | DBT              | CORP              | SE        |   1036812 | PA      | $1044262.59   | 0.36%             | 2028-09-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| J&J Ventures Gaming LLC        | J&J Ventures Gaming LLC, Senior Secured First Lien Term Loan                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2000000 | PA      | $1984000.00   | 0.67%             | 2030-04-26      | Floating      | 8.67%                 | No            |                  3 | On Loan: No      |
| ION PLATFORM FINANCE US        | ION Platform Finance US Inc                                                   | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |   1308987 | PA      | $1046456.30   | 0.36%             | 2032-09-30      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US        | ION Platform Finance US Inc                                                   | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |    233013 | PA      | $186280.18    | 0.06%             | 2032-09-30      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC               | CSC Holdings LLC                                                              | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2723000 | PA      | $1968000.05   | 0.67%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                 | CVR Energy Inc                                                                | CUSIP: 12662PAH1<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    990000 | PA      | $997396.37    | 0.34%             | 2031-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                 | CVR Energy Inc                                                                | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |   1460000 | PA      | $1464755.67   | 0.50%             | 2034-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                                  | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1483000 | PA      | $1549730.55   | 0.53%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                                  | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2210322.00   | 0.75%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| DGL3 LTD                       | DGL3 Ltd                                                                      | CUSIP: 25380WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2500000 | PA      | $0.00         | 0.00%             | 2026-09-30      | None          | 8.25%                 | No            |                  3 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC       | Digicel International Finance Ltd / Difl US LLC                               | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |   3219000 | PA      | $3274363.58   | 1.11%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP              | DISH Network Corp                                                             | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1823880.57   | 0.62%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                  | EchoStar Corp                                                                 | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   5712000 | PA      | $6170392.40   | 2.10%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                   | Enbridge Inc                                                                  | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1749000 | PA      | $1774635.09   | 0.60%             | 2083-01-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                   | Enbridge Inc                                                                  | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1624000 | PA      | $1712740.23   | 0.58%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| ESC CB 144A HIGH RIDGE         | ESC CB 144A HIGH RIDGE                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2982 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC               | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7406000 | PA      | $7543896.83   | 2.57%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                 | Var Energi ASA                                                                | CUSIP: ZH9740353<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    987000 | PA      | $1230449.73   | 0.42%             | 2083-11-15      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| ENGINEERING SPA                | Engineering - Ingegneria Informatica - SpA                                    | CUSIP: YS9976756<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |    370000 | PA      | $403484.94    | 0.14%             | 2030-02-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                     | CUSIP: ZK4799381<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1564762.36   | 0.53%             | 2030-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENGINEERING SPA                | Engineering - Ingegneria Informatica - SpA                                    | CUSIP: ZK4923866<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |   1485000 | PA      | $1740642.16   | 0.59%             | 2028-05-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| DYNAMO NEWCO II GMBH           | Dynamo Newco II GmbH                                                          | CUSIP: YV9595054<br>LEI: 391200FDSPYB8FKV7F97 | Long             | DBT              | CORP              | DE        |    628000 | PA      | $643757.56    | 0.22%             | 2031-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV           | ZF Europe Finance BV                                                          | CUSIP: YN0901978<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $589528.27    | 0.20%             | 2030-06-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA       | Electricite de France SA                                                      | CUSIP: ZK9266931<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $694434.00    | 0.24%             | 2033-03-15      | Variable      | 9.12%                 | No            |                  2 | On Loan: No      |
| VALCOUR PACKAGING LLC          | Valcour Packaging LLC                                                         | CUSIP: 91889CAH1<br>LEI: 254900JCJHQJK9LWF787 | Long             | LON              | CORP              | US        |      4229 | PA      | $3134.68      | 0.00%             | 2029-10-04      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| VALCOUR PACKAGING LLC          | Valcour Packaging LLC                                                         | CUSIP: 91889CAH1<br>LEI: 254900JCJHQJK9LWF787 | Long             | LON              | CORP              | US        |       175 | PA      | $130.01       | 0.00%             | 2029-10-04      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| SKOPIMA CONSILIO PARENT        | Skopima Consilio Parent LLC                                                   | CUSIP: 36171NAG1<br>LEI: 254900K3R60UMIODZD21 | Long             | LON              | CORP              | US        |   1390476 | PA      | $1082541.31   | 0.37%             | 2028-05-17      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Sizzling Platter, LLC          | Sizzling Platter, LLC, Senior Secured First Lien Term Loan                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3466433 | PA      | $3113307.20   | 1.06%             | 2032-06-25      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC        | Zayo Group Holdings Inc                                                       | CUSIP: 98919XAH4<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |   1118684 | PA      | $1096690.22   | 0.37%             | 2030-03-11      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC        | Zayo Group Holdings Inc                                                       | CUSIP: 98919XAH4<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |     26087 | PA      | $25573.97     | 0.01%             | 2030-03-11      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC             | Osaic Holdings Inc                                                            | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    631000 | PA      | $620288.40    | 0.21%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NEOGEN FOOD SAFE CORP          | Neogen Food Safety Corp                                                       | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2636000 | PA      | $2769202.35   | 0.94%             | 2030-07-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP          | NGL Energy Operating LLC / NGL Energy Finance Corp                            | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    621000 | PA      | $639616.34    | 0.22%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP          | NGL Energy Operating LLC / NGL Energy Finance Corp                            | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2274000 | PA      | $2342206.36   | 0.80%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                          | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1411000 | PA      | $1413433.98   | 0.48%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                          | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008170.00   | 0.34%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC           | Neptune Bidco US Inc                                                          | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   3781000 | PA      | $3668052.83   | 1.25%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS             | New Flyer Holdings Inc                                                        | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $213697.80    | 0.07%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC              | Newell Brands Inc                                                             | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    583000 | PA      | $601616.94    | 0.20%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC        | OAK-Eagle Acquireco Inc                                                       | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   2213000 | PA      | $2319518.88   | 0.79%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Octagon 57 Ltd                 | Octagon 57 Ltd                                                                | CUSIP: 67592YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1338259.50   | 0.46%             | 2034-10-15      | Floating      | 10.53%                | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP           | OneMain Finance Corp                                                          | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    600000 | PA      | $618192.60    | 0.21%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC              | OneSky Flight LLC                                                             | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   1663000 | PA      | $1716244.27   | 0.58%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS       | Ontario Gaming GTA LP/OTG Co-Issuer Inc                                       | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    743000 | PA      | $711066.97    | 0.24%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                  | PRA Group Inc                                                                 | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   4518000 | PA      | $4548889.57   | 1.55%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd          | Palmer Square CLO 2025-4 Ltd                                                  | CUSIP: 696915AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1934074.00   | 0.66%             | 2038-10-20      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| NEOPHARMED GENTILI SPA         | Neopharmed Gentili SPA                                                        | CUSIP: ZB0008787<br>LEI: 815600C8FD3DCB866E50 | Long             | DBT              | CORP              | IT        |    230000 | PA      | $271317.43    | 0.09%             | 2030-04-08      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OCADO GROUP PLC                | Ocado Group PLC                                                               | CUSIP: YW7505228<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |    572000 | PA      | $745109.22    | 0.25%             | 2029-08-08      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| OCADO GROUP PLC                | Ocado Group PLC                                                               | CUSIP: YO0789645<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1583622.94   | 0.54%             | 2030-06-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| PRA GROUP EUROPE HOLDING       | PRA Group Europe Holding II Sarl                                              | CUSIP: YK3262291<br>LEI: 635400CWOMLGBIP4GA24 | Long             | DBT              | CORP              | LU        |    870000 | PA      | $951087.11    | 0.32%             | 2032-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP          | Ontario Gaming GTA LP                                                         | CUSIP: N/A<br>LEI: 894500EC9KLZLOC3V025       | Long             | LON              | CORP              | CA        |   1960995 | PA      | $1833530.25   | 0.62%             | 2030-08-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                    | Vibrantz Technologies Inc                                                     | CUSIP: 92559QAD6<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    732910 | PA      | $441270.49    | 0.15%             | 2030-04-30      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                    | Vibrantz Technologies Inc                                                     | CUSIP: 92559QAE4<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    977213 | PA      | $170035.14    | 0.06%             | 2030-04-30      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                               | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    773000 | PA      | $798642.73    | 0.27%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO       | Global Infrastructure Solutions Inc                                           | CUSIP: 37960XAB3<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |   6554000 | PA      | $6829123.81   | 2.32%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP         | Harvest Midstream I LP                                                        | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $3324667.88   | 1.13%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                     | Grifols SA                                                                    | CUSIP: YT9448788<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   1090000 | PA      | $1302327.44   | 0.44%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                   | Ares XXVII CLO Ltd                                                            | CUSIP: 00191CAL6<br>LEI: 549300BC3E2Y44TL8536 | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1579866.10   | 0.54%             | 2034-10-28      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                    | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    870000 | PA      | $902055.15    | 0.31%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA               | Altice France SA                                                              | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1682549 | PA      | $1699827.10   | 0.58%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ALTA EQUIPMENT GROUP           | Alta Equipment Group Inc                                                      | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |   2046000 | PA      | $1814568.96   | 0.62%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD      | Anchorage Capital Clo 20 Ltd                                                  | CUSIP: 03331QAN6<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $861144.00    | 0.29%             | 2035-01-20      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| 610 Funding 2 CLO Ltd          | Anchorage Capital CLO 2026-22 Ltd                                             | CUSIP: 03333LAA3<br>LEI: 549300GQXKMJDZ17HU89 | Long             | ABS-CBDO         | CORP              | KY        |   1550000 | PA      | $1499941.20   | 0.51%             | 2039-01-20      | Floating      | 9.08%                 | No            |                  3 | On Loan: No      |
| ARES CLO Ltd                   | Ares LIII CLO Ltd                                                             | CUSIP: 04015YAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1869544.00   | 0.64%             | 2036-10-24      | Floating      | 9.17%                 | No            |                  3 | On Loan: No      |
| ASURION LLC/ASURION CO         | Asurion LLC/ Asurion Co-Issuer Inc                                            | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    945000 | PA      | $978767.17    | 0.33%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO         | Asurion LLC/ Asurion Co-Issuer Inc                                            | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   1176000 | PA      | $1139406.64   | 0.39%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit | Bain Capital Credit CLO 2020-2 Ltd                                            | CUSIP: 05683JAJ0<br>LEI: 254900JJEDONFKODOF95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $824649.00    | 0.28%             | 2034-07-19      | Floating      | 10.54%                | No            |                  2 | On Loan: No      |
| MCAFEE CORP                    | McAfee Corp                                                                   | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    943000 | PA      | $779045.78    | 0.26%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| RISEWELL HOMES INC             | Risewell Homes Inc                                                            | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   1369000 | PA      | $1381060.89   | 0.47%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                 | 1261229 BC Ltd                                                                | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2045061.14   | 0.70%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PRA GROUP INC                  | PRA Group Inc                                                                 | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3030058.02   | 1.03%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC         | Radiology Partners Inc                                                        | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   7677229 | PA      | $7010211.93   | 2.38%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC         | Radiology Partners Inc                                                        | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   3196000 | PA      | $3240328.52   | 1.10%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP/R        | Railworks Holdings LP / Railworks Rally Inc                                   | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2881000 | PA      | $2876458.39   | 0.98%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Regatta 36 Funding Ltd         | Regatta 36 Funding Ltd                                                        | CUSIP: 75904TAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 0.68%             | 2039-04-15      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| SABRE GLBL INC                 | Sabre GLBL Inc                                                                | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1395000 | PA      | $1191671.78   | 0.41%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                 | Sabre GLBL Inc                                                                | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $902587.50    | 0.31%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                 | Sabre GLBL Inc                                                                | CUSIP: 78573NAN2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   4049000 | PA      | $3396399.10   | 1.16%             | 2030-03-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE FINANCIAL BORROWER       | Sabre Financial Borrower LLC                                                  | CUSIP: 78573XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2884000 | PA      | $2950545.42   | 1.00%             | 2029-06-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST       | Service Properties Trust                                                      | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   4330000 | PA      | $4280277.31   | 1.46%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                 | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    967000 | PA      | $983018.36    | 0.33%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Pretium PKG Hldgs              | Pretium PKG Hldgs                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8783 | NS      | $163952.26    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| Shelf Bidco T/L                | Shelf Bidco T/L                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1980000 | PA      | $1971882.00   | 0.67%             | 2031-12-31      | Floating      | 15.31%                | No            |                  3 | On Loan: No      |
| ANARAFE SLU                    | Anarafe SL                                                                    | CUSIP: BT5228585<br>LEI: 959800AW60HWZ3N4R995 | Long             | DBT              | CORP              | ES        |    307463 | PA      | $273644.34    | 0.09%             | 2026-12-31      | Fixed         | 14.83%                | No            |                  2 | On Loan: No      |
| AFFLELOU SAS                   | Afflelou SAS                                                                  | CUSIP: YW4157247<br>LEI: 969500I7CS80FNB7CZ43 | Long             | DBT              | CORP              | FR        |    360000 | PA      | $423042.20    | 0.14%             | 2029-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC         | Sherwood Financing PLC                                                        | CUSIP: YT4556940<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    342000 | PA      | $383497.62    | 0.13%             | 2029-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC         | Sherwood Financing PLC                                                        | CUSIP: YT4556916<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    749000 | PA      | $839616.21    | 0.29%             | 2029-12-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC         | Sherwood Financing PLC                                                        | CUSIP: YT4648440<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $775736.91    | 0.26%             | 2029-12-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ATOS SE                        | Atos SE                                                                       | CUSIP: YS0129736<br>LEI: 5493001EZOOA66PTBR68 | Long             | SN               | CORP              | FR        |   2224029 | PA      | $2898146.60   | 0.99%             | 2029-12-18      | Variable      | 9.36%                 | No            |                  2 | On Loan: No      |
| MEDICAL SOLUTIONS HOLDIN       | Medical Solutions Holdings Inc                                                | CUSIP: 58462QAM3<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |   1473684 | PA      | $117894.74    | 0.04%             | 2029-11-01      | Floating      | 10.77%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                 | Sabre GLBL Inc                                                                | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    460068 | PA      | $359718.08    | 0.12%             | 2029-11-15      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                   | MH Sub I LLC                                                                  | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   2920960 | PA      | $1933909.04   | 0.66%             | 2031-12-31      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                 | 1261229 BC Ltd                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |  10914924 | PA      | $10517730.25  | 3.58%             | 2030-10-08      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC         | Radiology Partners Inc                                                        | CUSIP: 75041EAN2<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |   2141889 | PA      | $2106312.07   | 0.72%             | 2032-06-30      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L       | First Quantum Minerals Ltd                                                    | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1990000 | PA      | $2074250.63   | 0.71%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC           | Fortrea Holdings Inc                                                          | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |   1514000 | PA      | $1434817.80   | 0.49%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC         | Full House Resorts Inc                                                        | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2366000.00   | 0.80%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                               | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044180.48   | 0.36%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                  | EW Scripps Co/The                                                             | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |    600000 | PA      | $583302.50    | 0.20%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                   | Fibercop SpA                                                                  | CUSIP: YW1363814<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    354000 | PA      | $437987.64    | 0.15%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GALAXY BIDCO LTD               | Galaxy Bidco Ltd                                                              | CUSIP: YT6755995<br>LEI: 2138006O8YW3QCHKDY76 | Long             | DBT              | CORP              | GB        |    630000 | PA      | $852466.33    | 0.29%             | 2029-12-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                   | Fibercop SpA                                                                  | CUSIP: YW1353120<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    750000 | PA      | $971948.19    | 0.33%             | 2033-01-24      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| EUTELSAT COMMUNICAT SACA       | Eutelsat Communications SACA                                                  | CUSIP: DF7696340<br>LEI: 549300EFWH9UR17YSK05 | Long             | DBT              | CORP              | FR        |    255000 | PA      | $295342.03    | 0.10%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FIVE STAR LOWER HOLDING        | Five Star Lower Holding LLC                                                   | CUSIP: 33835TAB4<br>LEI: 254900USK2F26ED28A72 | Long             | LON              | CORP              | US        |   1974490 | PA      | $1933775.82   | 0.66%             | 2029-05-07      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| FLINT GROUP TOPCO LTD          | Flint Group Topco Ltd                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | JE        |   1544116 | PA      | $59834.48     | 0.02%             | 2027-12-31      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| FLINT GROUP TOPCO LTD          | Flint Group Topco Ltd                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | JE        |    517429 | PA      | $20050.38     | 0.01%             | 2027-12-31      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| FINTHRIVE SOFTWARE INTER       | FinThrive Software Intermediate Holdings Inc                                  | CUSIP: 31810YAC4<br>LEI: 25490077VXHBSKJ52J14 | Long             | LON              | CORP              | US        |   1094472 | PA      | $863265.07    | 0.29%             | 2028-12-18      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                       | Viridien                                                                      | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |   1050000 | PA      | $1116934.35   | 0.38%             | 2030-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd               | CIFC Funding 2020-I Ltd                                                       | CUSIP: 12559DAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1815826.20   | 0.62%             | 2036-07-15      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION          | CMG Media Corp                                                                | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2726602 | PA      | $2358486.46   | 0.80%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO       | Clear Channel Outdoor Holdings Inc                                            | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   3337000 | PA      | $3352523.72   | 1.14%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                      | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   9615000 | PA      | $9232250.89   | 3.14%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                      | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1259000 | PA      | $1190791.11   | 0.41%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                           | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |  12544000 | PA      | $11695198.95  | 3.98%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE       | Connect Finco SARL / Connect US Finco LLC                                     | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1186000 | PA      | $1245875.21   | 0.42%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CONNECT HOLDING II LLC         | Connect Holding II LLC                                                        | CUSIP: 20753PAD3<br>LEI: 254900LCX7S2QHYUOI31 | Long             | DBT              | CORP              | US        |    920000 | PA      | $908388.68    | 0.31%             | 2031-04-03      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET       | Smyrna Ready Mix Concrete LLC                                                 | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   3359000 | PA      | $3461761.89   | 1.18%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD            | Sound Point CLO XVIII Ltd                                                     | CUSIP: 83608DAA1<br>LEI: 549300G09B8CGBRMLL31 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1139580.00   | 0.39%             | 2031-01-21      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                    | Staples Inc                                                                   | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    939000 | PA      | $867656.56    | 0.30%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| STAPLES INC                    | Staples Inc                                                                   | CUSIP: 855030AS1<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   2481633 | PA      | $1681858.52   | 0.57%             | 2030-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| COHESITY SERIES G              | COHESITY SERIES G                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3755 | NS      | $71345.00     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| COHESITY SERIES G-1            | COHESITY SERIES G-1                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2595 | NS      | $49305.00     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| VIRGIN MEDI O2 VI DAC          | Virgin Media O2 Vendor Financing Notes VI DAC                                 | CUSIP: 92769UAA9<br>LEI: 9845001E591J5060A412 | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1744217.40   | 0.59%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC             | Voyager Parent LLC                                                            | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   1987000 | PA      | $2062893.47   | 0.70%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA       | Weatherford International Ltd                                                 | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |      1000 | PA      | $1018.95      | 0.00%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| WILSONART LLC                  | Wilsonart LLC                                                                 | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |   2362000 | PA      | $1711766.91   | 0.58%             | 2032-08-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC       | Windsor Holdings III LLC                                                      | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2070984.00   | 0.70%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR       | Windstream Services LLC / Windstream Escrow Finance Corp                      | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    431000 | PA      | $450329.06    | 0.15%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLASS A SHARES                 | CLASS A SHARES                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |  14621136 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| VERISURE MIDHOLDING AB         | Verisure Midholding AB                                                        | CUSIP: BN5128663<br>LEI: 549300496LYEZ55X1M49 | Long             | DBT              | CORP              | SE        |   3575000 | PA      | $4114317.57   | 1.40%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB            | Verisure Holding AB                                                           | CUSIP: ZM5968957<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    915000 | PA      | $1075515.74   | 0.37%             | 2028-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC             | Vodafone Group PLC                                                            | CUSIP: ZK7761370<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $969436.03    | 0.33%             | 2086-08-30      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                       | Viridien                                                                      | CUSIP: YQ2734594<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    189884 | PA      | $230320.87    | 0.08%             | 2030-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CONNECT HOLDING II LLC         | Connect Holding II LLC                                                        | CUSIP: 20752KAP8<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |    102603 | PA      | $95395.29     | 0.03%             | 2031-04-03      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| CONNECT HOLDING II LLC         | Connect Holding II LLC                                                        | CUSIP: 20752KAP8<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |    897397 | PA      | $834354.71    | 0.28%             | 2031-04-03      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| VIBRANTZ TECH INC              | VIBRANTZ TECH INC                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    255987 | PA      | $152952.23    | 0.05%             | 2030-04-30      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| VIBRANTZ TECH INC              | VIBRANTZ TECH INC                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3157173 | PA      | $552505.28    | 0.19%             | 2030-04-30      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| WINTERSHALL DEA FIN 2BV        | Wintershall Dea Finance 2 BV                                                  | CUSIP: YO0411588<br>LEI: 529900DV88FUQZSVVL48 | Long             | DBT              | CORP              | NL        |    884000 | PA      | $1026680.85   | 0.35%             | 2030-05-08      | Variable      | 6.12%                 | No            |                  3 | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN       | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    277000 | PA      | $277650.58    | 0.09%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO XVI, LTD.     | Sixth Street CLO 29 Ltd                                                       | CUSIP: 83013CAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1452556.50   | 0.49%             | 2038-07-17      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| MOTEL ONE GMBH/MUENCHEN        | Motel One GmbH/Muenchen                                                       | CUSIP: ZB7231093<br>LEI: 529900OZ5000U0NZHM90 | Long             | DBT              | CORP              | DE        |    800000 | PA      | $958938.66    | 0.33%             | 2031-04-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| N/A                            | EUR/USD FWD 20260417                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $170520.79    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | GBP/USD FWD 20260417                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $203738.44    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MIDWEST PHYSICIAN ADMINS       | Midwest Physician Administrative Services LLC                                 | CUSIP: 59835XAC8<br>LEI: 5493001F7B0DCPKBGK48 | Long             | LON              | CORP              | US        |   1729413 | PA      | $1468703.68   | 0.50%             | 2028-03-13      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| NAPA MANAGEMENT SERVICES       | NAPA Management Services Corp                                                 | CUSIP: 63035HAC3<br>LEI: 549300C5SN85QZ48R870 | Long             | LON              | CORP              | US        |   1261889 | PA      | $790258.28    | 0.27%             | 2029-02-23      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                              | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    286000 | PA      | $275022.29    | 0.09%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                              | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3609000 | PA      | $3871204.68   | 1.32%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                              | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    905000 | PA      | $939676.03    | 0.32%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC         | Carriage Purchaser Inc                                                        | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7106000 | PA      | $6769841.43   | 2.30%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC         | Venture Global LNG Inc                                                        | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |   4100000 | PA      | $4081182.72   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL         | Cidron Aida Finco Sarl                                                        | CUSIP: YQ8307544<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |   1650000 | PA      | $2097405.34   | 0.71%             | 2031-10-27      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| CD&R FIREFLY BIDCO LTD         | CD&R Firefly Bidco PLC                                                        | CUSIP: ZB1483625<br>LEI: 213800OAU5VX61DYZ558 | Long             | DBT              | CORP              | GB        |    547000 | PA      | $736036.57    | 0.25%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI       | HLF Financing Sarl LLC / Herbalife International Inc                          | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1418000 | PA      | $1512089.97   | 0.51%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                         | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10709000 | PA      | $10000860.95  | 3.40%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC        | LCPR Senior Secured Financing DAC                                             | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1334371.30   | 0.45%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC            | LBM Acquisition LLC                                                           | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2380589.13   | 0.81%             | 2031-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC          | Level 3 Financing Inc                                                         | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   4115667 | PA      | $4293504.15   | 1.46%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC           | LifePoint Health Inc                                                          | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   2140000 | PA      | $2262827.44   | 0.77%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| HX HOLD CO LTD                 | HX Hold Co Ltd                                                                | CUSIP: ZP7942698<br>LEI: 2138004WV2GA7GI77I96 | Long             | DBT              | CORP              | GB        |    858586 | PA      | $715149.26    | 0.24%             | 2030-02-12      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Barings Global Short Duration High Yield Fund

**Signature:** /s/ Christopher Hanscom

**Name of Signer:** Christopher Hanscom

**Title:** Chief Financial Officer