# EDGAR Filing Document

**Accession Number:** 0001998043
**File Stem:** 0001049169-25-000131
**Filing Date:** 2025-8
**Character Count:** 23707
**Document Hash:** 11f5ee4d0925069428147482a7761112
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-25-000131.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001049169-25-000131

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pearl Diver Credit Co Inc.
- **CENTRAL INDEX KEY:** 0001998043

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23912
- **FILM NUMBER:** 251266259

**BUSINESS ADDRESS:**
- **STREET 1:** 747 THIRD AVENUE
- **STREET 2:** SUITE 3603
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 44 207 967 8033

**MAIL ADDRESS:**
- **STREET 1:** 747 THIRD AVENUE
- **STREET 2:** SUITE 3603
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pearl Diver Credit Company, LLC
- **DATE OF NAME CHANGE:** 20231018

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Pearl Diver Credit Company Inc.

- **b. Investment Company Act file number:** 811-23912

- **c. CIK number of Registrant:** 0001998043

- **d. LEI of Registrant:** 213800HEGMDL5QM8DW11

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

  - **Street Address 1:** 747 THIRD AVENUE SUITE 3603

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 44 207 967 8033

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

- **a. Name of Series:** Pearl Diver Credit Company Inc.

- **c. LEI of Series:** 213800HEGMDL5QM8DW11

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $167173261.33

**Total Liabilities:** $43569616.25

**Net Assets:** $123603645.08

**Cash Not Reported:** $177002.13

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -4.47%               | -2.63%               | 6.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-10193067.40                              |
| Month 2  | $-69725.31               | $11204564.00                               |
| Month 3  | $0.00                    | $-536806.44                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vibrant Clo Ltd                       | Vibrant CLO, Ltd.                    | CUSIP: G9470HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $1268550.00   | 1.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rr Ltd                                | RR 19, Ltd.                          | CUSIP: G7711BAB9<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-O            | CORP              | KY        |    742000 | PA      | $656425.14    | 0.53%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | Ares LXIV CLO, Ltd.                  | CUSIP: 04019NAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5072177 | PA      | $2998924.65   | 2.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund               | Dryden 123 CLO, Ltd.                 | CUSIP: 26253PAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7500000 | PA      | $6886500.00   | 5.57%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bridge Street Clo Ltd                 | Bridge Street CLO III, Ltd.          | CUSIP: 10806GAC3<br>LEI: 254900PNW8DFFG2S8664 | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $685560.00    | 0.55%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bluemountain Clo Ltd                  | BlueMountain CLO XXXII, Ltd.         | CUSIP: 09631FAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6400548 | PA      | $3298650.42   | 2.67%             |  |  |  | Yes           |                  2 | On Loan: No      |
| 37 Capital Clo Ltd                    | 37 Capital CLO II                    | CUSIP: 88429NAC1<br>LEI: 54930051RXN9JV692N02 | Long             | ABS-O            | CORP              | JE        |   7849885 | PA      | $4100230.43   | 3.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lcm Ltd Partnership                   | LCM 42, Ltd.                         | CUSIP: 52113CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  10000000 | PA      | $8155200.00   | 6.60%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rr Ltd                                | RR 37, Ltd.                          | CUSIP: 78110YAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7000000 | PA      | $6680800.00   | 5.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP49TAC45<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -600000 | NS      | $-600000.00   | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| ALM VII(R) Ltd.                       | ALM VII R, Ltd. SERIES 144A          | CUSIP: 00163J200<br>LEI: 549300RLLUH00ZYECJ34 | Long             | ABS-O            | CORP              | KY        |   8042000 | PA      | $1760313.38   | 1.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tcw Ltd                               | TCW CLO 2024-2, Ltd.                 | CUSIP: 87252HAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6050000 | PA      | $4375783.50   | 3.54%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rockford Tower Clo Ltd                | Rockford Tower CLO 2021-1, Ltd.      | CUSIP: 77341JAC8<br>LEI: 5493000QG193Z8ZVLY16 | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $453190.00    | 0.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| 37 Capital Clo Ltd                    | 37 Capital Clo 1, Ltd.               | CUSIP: 88430QAC1<br>LEI: 549300GZ8MP9ZGVMJ424 | Long             | ABS-O            | CORP              | KY        |   8500000 | PA      | $3916205.00   | 3.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP49JAC62<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -925000 | NS      | $-925000.00   | -0.75%            |  |  |  | No            |                  2 | On Loan: No      |
| Rr Ltd                                | RR 19, Ltd.                          | CUSIP: 74983BAC5<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-O            | CORP              | KY        |   6847000 | PA      | $6057335.49   | 4.90%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | ARES XLIV CLO, Ltd.                  | CUSIP: 04016NAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    656000 | PA      | $145674.12    | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cqs Us Clo Ltd                        | CQS US CLO 2023-3, Ltd.              | CUSIP: 223930AC2<br>LEI: 254900OIQPM0JE7KVZ52 | Long             | ABS-O            | CORP              | JE        |  10866666 | PA      | $6517500.27   | 5.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lcm Ltd Partnership                   | LCM 39, Ltd.                         | CUSIP: 50204RAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   7675000 | PA      | $4651817.50   | 3.76%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | Ares LIX CLO, Ltd.                   | CUSIP: 04018GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3500000 | PA      | $1886955.00   | 1.53%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | ARES Loan Funding III, Ltd.          | CUSIP: 04019PAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2931200.00   | 2.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Generate Clo Ltd.                     | Generate CLO 14, Ltd.                | CUSIP: 37149TAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2442000.00   | 1.98%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd           | Balboa Bay Loan Funding 2021-1, Ltd. | CUSIP: 05765YAC3<br>LEI: 549300G0EX8VHFWPJW18 | Long             | ABS-O            | CORP              | KY        |   2626500 | PA      | $1252131.35   | 1.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| American Money Management Corporation | AMMC CLO 24, Ltd.                    | CUSIP: 00177MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2050000 | PA      | $1275305.00   | 1.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| American Money Management Corporation | AMMC CLO 24, Ltd.                    | CUSIP: 00177MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5750000 | PA      | $3577075.00   | 2.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BENEFIT STREET PARTNERS CLO XXIII LTD | BSP 2021-23A SUB                     | CUSIP: 08186XAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $3192950.00   | 2.58%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP56XAC11<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -975000 | NS      | $-975000.00   | -0.79%            |  |  |  | No            |                  2 | On Loan: No      |
| Generate Clo Ltd.                     | Generate Clo 11, Ltd.                | CUSIP: 37149JAC6<br>LEI: 549300LO5FP76OLGQK93 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3887150.00   | 3.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ocp Clo Ltd                           | OCP CLO 2023-26, Ltd.                | CUSIP: 67351PAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   4250000 | PA      | $3786027.50   | 3.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cifc Funding Ltd                      | CIFC Funding 2015-IV, Ltd.           | CUSIP: 12550VAE0<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-O            | CORP              | KY        |  10000000 | PA      | $2909500.00   | 2.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Invesco Clo 2021-1, Ltd               | Invesco CLO 2021-1, Ltd.             | CUSIP: 46090YAC3<br>LEI: 25490016C8NV86EY2059 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $1770796.50   | 1.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Harvest Us Clo Ltd                    | Harvest US CLO 2024-1, Ltd.          | CUSIP: 41755XAC2<br>LEI: 213800RQBB83K4W6BX61 | Long             | ABS-O            | CORP              | KY        |   7437582 | PA      | $4312607.55   | 3.49%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | US BANK MMDA                         | CUSIP: 8AMMF0A84<br>LEI: N/A                  | Long             | STIV             | RF                | US        |      3136 | NS      | $3136.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockford Tower Clo Ltd                | Rockford Tower CLO 2025-1, Ltd.      | CUSIP: 77341BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $4617200.00   | 3.74%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP85UAC80<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -705888 | NS      | $-705887.50   | -0.57%            |  |  |  | No            |                  2 | On Loan: No      |
| Rr Ltd                                | RR 23, Ltd.                          | CUSIP: 78111FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |   5580000 | PA      | $3387060.00   | 2.74%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | Ares XXXIX CLO, Ltd.                 | CUSIP: 04016BAC3<br>LEI: 5493005YAOTYJUJV3S58 | Long             | ABS-O            | CORP              | KY        |   6246752 | PA      | $2290059.28   | 1.85%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | ARES XLVII CLO, Ltd.                 | CUSIP: 04016WAC7<br>LEI: 5493001J0ZSE1Y09WE50 | Long             | ABS-O            | CORP              | KY        |  12500000 | PA      | $3027662.50   | 2.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Voya Clo Ltd                          | Voya CLO 2025-1, Ltd.                | CUSIP: 92945LAB4<br>LEI: 54930043I9VQ10YJ1Z07 | Long             | ABS-O            | CORP              | KY        |   7500000 | PA      | $6854250.00   | 5.55%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Venture Cdo Ltd                       | Venture 50 Clo, Ltd.                 | CUSIP: 92333DAC0<br>LEI: 2549002JL5N18ARIHX27 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3694250.00   | 2.99%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Oaktree Clo Ltd                       | Oaktree CLO 2021-2, Ltd.             | CUSIP: 67389CAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3284000.00   | 2.66%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ares Clo Ltd                          | Ares LXIII CLO, Ltd.                 | CUSIP: 039938AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $1296000.00   | 1.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OAKTREE CLO 2019-3 LTD                | Oaktree 2019-3A SUB                  | CUSIP: 67400GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $3757200.00   | 3.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Anchorage Capital Clo Ltd             | Anchorage Capital CLO 7, Ltd.        | CUSIP: 03328UAE2<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-O            | CORP              | KY        |  12000000 | PA      | $3269520.00   | 2.65%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Ltd              | Madison Park Funding XXVII, Ltd.     | CUSIP: G57545AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    250000 | PA      | $232828.00    | 0.19%             | 2038-04-20      | Floating      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Rr Ltd                                | RR 20, Ltd.                          | CUSIP: 74989TAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |   3600000 | PA      | $2539080.00   | 2.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit Clo, Limited      | Bain Capital Credit CLO 2024-3, Ltd. | CUSIP: 05685UAC8<br>LEI: 254900SOM2S14IE3BZ76 | Long             | ABS-O            | CORP              | KY        |   3790000 | PA      | $2729861.20   | 2.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Marble Point Clo Xxi Ltd.             | Marble Point CLO XXI, Ltd.           | CUSIP: 56606TAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3800000 | PA      | $1312928.88   | 1.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hps Loan Management Ltd               | HPS Loan Management 2021-16, Ltd.    | CUSIP: 40441AAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1800000 | PA      | $882900.00    | 0.71%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Signal Peak Clo, Llc                  | Signal Peak CLO 14, Ltd.             | CUSIP: 82667HAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8000000 | PA      | $7363600.00   | 5.96%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lcm Ltd Partnership                   | LCM 42, Ltd.                         | CUSIP: 52113BAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    250000 | PA      | $246803.75    | 0.20%             | 2038-01-15      | Floating      | 8.08%                 | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP55XAC20<br>LEI: N/A                  | Short            | RA               | CORP              | US        |  -1078449 | NS      | $-1078449.39  | -0.87%            |  |  |  | No            |                  2 | On Loan: No      |
| Regatta Xxii Funding Ltd.             | Regatta XXII Funding, Ltd.           | CUSIP: 758969AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1250000 | PA      | $888125.00    | 0.72%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Apex Credit Clo Llc                   | Apex Credit CLO 2021-II LLC          | CUSIP: 58406DAC3<br>LEI: 254900H6CNZLCIDMYC58 | Long             | ABS-O            | CORP              | KY        |   3450000 | PA      | $1541667.00   | 1.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP00GAC33<br>LEI: N/A                  | Short            | RA               | CORP              | US        |  -1005000 | NS      | $-1005000.00  | -0.81%            |  |  |  | No            |                  2 | On Loan: No      |
| Regatta Xix Funding Ltd               | Regatta XIX Funding, Ltd.            | CUSIP: 75888CAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7653000 | PA      | $5087714.40   | 4.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Shackleton Clo Ltd                    | Shackleton 2019-XIV Clo, Ltd.        | CUSIP: 81880YAC4<br>LEI: 549300HOHPZON6E4VH77 | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $1734660.00   | 1.40%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP52HAC88<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -937750 | NS      | $-937750.00   | -0.76%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                   | REVERSE REPO                         | CUSIP: RP19NAC48<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -735466 | NS      | $-735465.67   | -0.60%            |  |  |  | No            |                  2 | On Loan: No      |
| Harvest Us Clo Ltd                    | Harvest US CLO 2024-2, Ltd.          | CUSIP: 41756XAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3984900.00   | 3.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BLUEMOUNTAIN CLO XXXV LTD             | BlueMountain 2022-35A SUB            | CUSIP: 09631TAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $2679120.00   | 2.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Palmer Square Clo Ltd                 | Palmer Square CLO 2021-3, Ltd.       | CUSIP: 69688JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3270000 | PA      | $3285170.02   | 2.66%             | 2035-01-15      | Floating      | 6.41%                 | Yes           |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Pearl Diver Credit Company Inc.

**Signature:** Echo Chan

**Name of Signer:** Echo Chan

**Title:** Senior Operations Director