# EDGAR Filing Document

**Accession Number:** 0001616668
**File Stem:** 0000894189-25-020172
**Filing Date:** 2025-12
**Character Count:** 95035
**Document Hash:** eda0a3c3d0632da9b233a85e05859ab5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-020172.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000894189-25-020172

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pacer Funds Trust
- **CENTRAL INDEX KEY:** 0001616668

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23024
- **FILM NUMBER:** 251612324

**BUSINESS ADDRESS:**
- **STREET 1:** 500 CHESTERFIELD PARKWAY
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355
- **BUSINESS PHONE:** 610-644-8100

**MAIL ADDRESS:**
- **STREET 1:** 500 CHESTERFIELD PARKWAY
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355

## Series and Classes Contracts Data

### Pacer Aristotle Pacific Floating Rate High Income ETF (Series ID: S000073714)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000230803 | Pacer Aristotle Pacific Floating Rate High Income ETF | FLRT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Pacer Funds Trust

- **b. Investment Company Act file number:** 811-23024

- **c. CIK number of Registrant:** 0001616668

- **d. LEI of Registrant:** 549300L3D3N0PW0L9M73

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

  - **Street Address 1:** 500 Chesterfield Parkway

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-664-8100

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

- **a. Name of Series:** Pacer Aristotle Pacific Floating Rate High Income ETF

- **b. EDGAR series identifier (if any):** S000073714

- **c. LEI of Series:** 549300JUSNL5A0YJPS02

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**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:** $605514164.66

**Total Liabilities:** $36210815.47

**Net Assets:** $569303349.19

**Delayed Delivery Securities:** $5575000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 8821.196592000000 | **1-Year:** 22688.040409000000 | **5-Year:** 2678.868201000000 | **10-Year:** 1475.566628000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 134787.771672000000 | **1-Year:** 38186.185298000000 | **5-Year:** 7899.027817000000 | **10-Year:** 2468.999528000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230803 | 0.47%                | 0.59%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $49257.38                | $-747858.60                                |
| Month 2  | $85727.71                | $19516.75                                  |
| Month 3  | $43713.38                | $-2007625.00                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| NRG ENERGY INC                            | NRG Energy Inc                                               | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1401253.35   | 0.25%             | 2031-02-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers CLO 59 Ltd                    | CUSIP: 640973AA1<br>LEI: 254900ERHU6RJHYSL744 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002808.90   | 0.18%             | 2039-01-23      | Floating      | 8.66%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers CLO 34 Ltd                    | CUSIP: 64132PAN1<br>LEI: 5493009EGZQAPYYVLD80 | Long             | ABS-CBDO         | CORP              | KY        |   2125000 | PA      | $2094201.74   | 0.37%             | 2039-07-20      | Floating      | 8.88%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers CLO 34 Ltd                    | CUSIP: 64132YBE1<br>LEI: 5493009EGZQAPYYVLD80 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012602.00   | 0.88%             | 2039-07-20      | Floating      | 5.18%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers Clo 42 Ltd                    | CUSIP: 64133XAL7<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1035328.35   | 0.18%             | 2036-07-16      | Floating      | 8.49%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers Clo 43 Ltd                    | CUSIP: 64134DAL0<br>LEI: 549300N83MM16HCONB28 | Long             | ABS-CBDO         | CORP              | KY        |   1670000 | PA      | $1643735.24   | 0.29%             | 2036-07-17      | Floating      | 8.48%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers Clo 44 Ltd                    | CUSIP: 64134EAL8<br>LEI: 549300HMTDFWN3B2DI35 | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2376818.64   | 0.42%             | 2035-10-16      | Floating      | 9.04%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers Clo 50 Ltd                    | CUSIP: 64134WAL8<br>LEI: 549300UMYON6L2REF246 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3006550.20   | 0.53%             | 2036-07-23      | Floating      | 9.36%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers CLO 49 Ltd                    | CUSIP: 64135KAE9<br>LEI: 549300IN02DS1MN5HW62 | Long             | ABS-CBDO         | CORP              | JE        |   2875000 | PA      | $2881392.56   | 0.51%             | 2035-07-25      | Floating      | 9.36%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 3 LTD                                     | CUSIP: 67112TAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1860000 | PA      | $1862681.56   | 0.33%             | 2038-01-20      | Floating      | 8.88%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 5 Ltd                                     | CUSIP: 67113NAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999184.00   | 0.35%             | 2037-10-18      | Floating      | 9.28%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Partners XVI                                      | CUSIP: 67115MAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006034.70   | 0.18%             | 2037-10-18      | Floating      | 9.38%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 1 LTD                                     | CUSIP: 67115XAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1012066.80   | 0.18%             | 2037-04-20      | Floating      | 10.38%                | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 11 Ltd                                    | CUSIP: 67116BAG0<br>LEI: 2549002MG7GTTY5LHR97 | Long             | ABS-CBDO         | CORP              | BM        |   3000000 | PA      | $3010193.70   | 0.53%             | 2037-07-19      | Floating      | 9.28%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 22 Ltd                                    | CUSIP: 67121JAA9<br>LEI: 2549003SYMVHPGWUV286 | Long             | ABS-CBDO         | CORP              | KY        |   1275000 | PA      | $1286475.13   | 0.23%             | 2038-07-20      | Floating      | 9.83%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Partners XIV Ltd                                  | CUSIP: 67706YAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1175000 | PA      | $1178622.88   | 0.21%             | 2037-07-21      | Floating      | 9.32%                 | No            | 2                  | On Loan: No      |
| Oak Hill Credit                           | OHA Credit Funding 21 Ltd                                    | CUSIP: 67707NAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004867.40   | 0.35%             | 2038-10-20      | Floating      | 8.60%                 | No            | 2                  | On Loan: No      |
| NOURYON FINANCE BV                        | Nouryon Finance BV                                           | CUSIP: N8232NAL1<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    918947 | PA      | $919521.53    | 0.16%             | 2028-04-03      | Floating      | 7.04%                 | No            | 2                  | On Loan: No      |
| NOURYON FINANCE BV                        | Nouryon Finance BV                                           | CUSIP: N8232NAL1<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    248626 | PA      | $248781.47    | 0.04%             | 2028-04-03      | Floating      | 7.04%                 | No            | 2                  | On Loan: No      |
| OHA Credit Partners Ltd                   | OHA Credit Partners XI Ltd                                   | CUSIP: 67109HAL5<br>LEI: 549300OYGEU6QQMCEG78 | Long             | ABS-CBDO         | CORP              | KY        |   1330000 | PA      | $1330215.06   | 0.23%             | 2037-04-20      | Floating      | 9.63%                 | No            | 2                  | On Loan: No      |
| OCP CLO Ltd                               | OCP CLO 2017-14 Ltd                                          | CUSIP: 67097QAN5<br>LEI: 25490025Q5WQX513IQ05 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006066.80   | 0.35%             | 2037-07-20      | Floating      | 5.25%                 | No            | 2                  | On Loan: No      |
| OCP CLO Ltd                               | OCP Clo 2019-17 Ltd                                          | CUSIP: 67113LBC9<br>LEI: 2549003HLFPQ7ATPYA23 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1511432.85   | 0.27%             | 2037-07-20      | Floating      | 6.98%                 | No            | 2                  | On Loan: No      |
| OCP CLO Ltd                               | OCP CLO 2024-37 Ltd                                          | CUSIP: 67120BAA7<br>LEI: 213800VGDQYISNVLCT08 | Long             | ABS-CBDO         | CORP              | JE        |   2090000 | PA      | $2114300.01   | 0.37%             | 2037-10-15      | Floating      | 9.40%                 | No            | 2                  | On Loan: No      |
| Ocean Trails CLO                          | Ocean Trails Clo XVI Ltd                                     | CUSIP: 674914AA4<br>LEI: 254900R3RT6TSDP3UQ20 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1024815.90   | 0.18%             | 2038-01-20      | Floating      | 10.57%                | No            | 2                  | On Loan: No      |
| OCP CLO Ltd                               | OCP CLO 2025-40 Ltd                                          | CUSIP: 67570GAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $773790.00    | 0.14%             | 2038-04-16      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Octagon Investment Partners 54            | Octagon 54 Ltd                                               | CUSIP: 67577FAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000983.00   | 0.18%             | 2034-07-15      | Floating      | 5.29%                 | No            | 2                  | On Loan: No      |
| Symphony CLO Ltd                          | Symphony CLO 37 Ltd                                          | CUSIP: 87169VBA2<br>LEI: 54930094HTRXFLXUBV36 | Long             | ABS-CBDO         | CORP              | JE        |   1250000 | PA      | $1252915.00   | 0.22%             | 2037-01-20      | Floating      | 8.78%                 | No            | 2                  | On Loan: No      |
| TEMPO ACQUISITION LLC                     | Tempo Acquisition LLC                                        | CUSIP: 88023HAJ9<br>LEI: 549300VV0B2RPMHQGA61 | Long             | LON              | CORP              | US        |   5014447 | PA      | $4892220.16   | 0.86%             | 2028-08-31      | Floating      | 5.71%                 | No            | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                   | Talen Energy Supply LLC                                      | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    500000 | PA      | $500312.50    | 0.09%             | 2032-10-12      | Floating      | 6.09%                 | No            | 2                  | On Loan: No      |
| Aimco                                     | Aimco CLO 15 Ltd                                             | CUSIP: 00889CAE9<br>LEI: 254900QER1MDK5C1YE06 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1972625.40   | 0.35%             | 2038-04-17      | Floating      | 8.48%                 | No            | 2                  | On Loan: No      |
| BWX TECHNOLOGIES INC                      | BWX Technologies Inc                                         | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1958167.60   | 0.34%             | 2029-04-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Bowling Green Park CLO LLC                | Bowling Green Park CLO LLC                                   | CUSIP: 102875AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1951873.60   | 0.34%             | 2035-04-18      | Floating      | 8.38%                 | No            | 2                  | On Loan: No      |
| Buttermilk Park CLO Ltd                   | Buttermilk Park CLO Ltd                                      | CUSIP: 124166AY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2008471.40   | 0.35%             | 2031-10-15      | Floating      | 6.85%                 | No            | 2                  | On Loan: No      |
| CAESARS ENTERTAIN INC                     | Caesars Entertainment Inc                                    | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1882707.20   | 0.33%             | 2029-10-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: —       |
| CALPINE CORP                              | Calpine Corp                                                 | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000928.20   | 0.35%             | 2028-03-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Carval CLO LTD                            | CarVal CLO VII-C Ltd                                         | CUSIP: 14686DAE3<br>LEI: 254900KRTGHP264UWC15 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $1972312.80   | 0.35%             | 2037-07-20      | Floating      | 10.23%                | No            | 2                  | On Loan: No      |
| Flatiron CLO Ltd                          | Flatiron RR CLO 22 LLC                                       | CUSIP: 33883QAY1<br>LEI: 5493000CIUZPG6SZO932 | Long             | ABS-CBDO         | CORP              | US        |   1200000 | PA      | $1193258.16   | 0.21%             | 2034-10-15      | Floating      | 8.15%                 | No            | 2                  | On Loan: No      |
| Flatiron CLO Ltd                          | Flatiron CLO 21 Ltd                                          | CUSIP: 33883TAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1235683.50   | 0.22%             | 2037-10-19      | Floating      | 9.78%                 | No            | 2                  | On Loan: No      |
| Flatiron CLO Ltd                          | Flatiron CLO 32 Ltd                                          | CUSIP: 33883VAA2<br>LEI: 254900C27X485MIHBY47 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001303.20   | 0.35%             | 2038-10-22      | Floating      | 9.22%                 | No            | 2                  | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                  | Antero Midstream Partners LP / Antero Midstream Finance Corp | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001073.20   | 0.35%             | 2029-06-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Flatiron CLO Ltd                          | Flatiron CLO 32 Ltd                                          | CUSIP: 33883VAC8<br>LEI: 254900C27X485MIHBY47 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $817490.00    | 0.14%             | 2038-10-22      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| BOOST NEWCO BORROWER LLC                  | Boost Newco Borrower LLC                                     | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1062770.00   | 0.19%             | 2031-01-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| Galaxy CLO Ltd                            | Galaxy 34 Clo Ltd                                            | CUSIP: 36322BAA8<br>LEI: 3912002JK68FWHXUMG23 | Long             | ABS-CBDO         | CORP              | KY        |   1875000 | PA      | $1871704.13   | 0.33%             | 2037-10-20      | Floating      | 9.78%                 | No            | 2                  | On Loan: No      |
| Garnet CLO Ltd                            | Garnet CLO 2025-1 Ltd                                        | CUSIP: 36626AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1015177.00   | 0.18%             | 2037-07-20      | Floating      | 7.67%                 | No            | 2                  | On Loan: No      |
| GoldenTree Loan Management US             | Goldentree Loan Management US CLO 1 Ltd                      | CUSIP: 38136HAN9<br>LEI: 549300BE2068MP2P8N06 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $975001.90    | 0.17%             | 2034-04-20      | Floating      | 11.65%                | No            | 2                  | On Loan: No      |
| GoldenTree Loan Management US             | Goldentree Loan Management US Clo 6 Ltd                      | CUSIP: 38137XAL7<br>LEI: 549300MI5PVR6JHGVV87 | Long             | ABS-CBDO         | CORP              | KY        |   1575000 | PA      | $1557993.15   | 0.27%             | 2035-04-20      | Floating      | 8.38%                 | No            | 2                  | On Loan: No      |
| GoldenTree Loan Management US             | Goldentree Loan Management US Clo 12 Ltd                     | CUSIP: 38138YAG5<br>LEI: 549300KUSTD1I13BZ897 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $994246.60    | 0.17%             | 2037-07-20      | Floating      | 9.58%                 | No            | 2                  | On Loan: No      |
| GoldenTree Loan Management US             | GoldenTree Loan Management US CLO 25 Ltd                     | CUSIP: 38139YAA7<br>LEI: 254900NWYEI4MM854T50 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2011377.00   | 0.35%             | 2038-04-20      | Floating      | 9.63%                 | No            | 2                  | On Loan: No      |
| ARES CLO Ltd                              | Ares XLIII CLO Ltd                                           | CUSIP: 04016PAS7<br>LEI: 549300ECLIGB6OZRBA51 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5015220.50   | 0.88%             | 2038-01-15      | Floating      | 5.25%                 | No            | 2                  | On Loan: No      |
| BARCLAYS PLC                              | Barclays PLC                                                 | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $3175200.00   | 0.56%             | 2035-03-15      | Variable      | 7.62%                 | No            | 2                  | On Loan: No      |
| Beechwood Park CLO Ltd.                   | Beechwood Park CLO Ltd                                       | CUSIP: 07355VAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003466.20   | 0.18%             | 2035-01-17      | Floating      | 10.38%                | No            | 2                  | On Loan: No      |
| Benefit Street Partners CLO Lt            | Benefit Street Partners CLO XXIV Ltd                         | CUSIP: 08182PAE7<br>LEI: 254900F6RDYGOMBGPF86 | Long             | ABS-CBDO         | CORP              | KY        |   1625000 | PA      | $1611066.28   | 0.28%             | 2034-10-20      | Floating      | 8.48%                 | No            | 2                  | On Loan: No      |
| Golub Capital Partners CLO, LT            | Golub Capital Partners CLO 66B Ltd                           | CUSIP: 38181AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4015322.00   | 0.71%             | 2038-07-25      | Floating      | 5.31%                 | No            | 2                  | On Loan: No      |
| Greenacre Park CLO LLC                    | Greenacre Park CLO LLC                                       | CUSIP: 39355WAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $699851.18    | 0.12%             | 2038-07-20      | Floating      | 9.88%                 | No            | 2                  | On Loan: No      |
| iShares iBoxx $ High Yield Cor            | iShares iBoxx $ High Yield Corporate Bond ETF                | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |     27002 | NS      | $2181761.60   | 0.38%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares 0-5 Year High Yield Co            | iShares 0-5 Year High Yield Corporate Bond ETF               | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |     46980 | NS      | $2023898.40   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXXVII Ltd                                         | CUSIP: 55952AAG4<br>LEI: 529900QDM2RO966NLE49 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000100.00   | 0.35%             | 2036-10-20      | Floating      | 7.88%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXXVII Ltd                                         | CUSIP: 55952AAU3<br>LEI: 529900QDM2RO966NLE49 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004788.00   | 0.35%             | 2038-10-25      | Floating      | 0.00%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXXI Ltd                                           | CUSIP: 55952GAA4<br>LEI: 549300J3BCFSIZAJJW77 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004833.00   | 0.18%             | 2034-07-15      | Floating      | 10.17%                | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite Xxx Ltd                                            | CUSIP: 55953VAE2<br>LEI: 549300RI4HRUG7CFWM27 | Long             | ABS-CBDO         | CORP              | KY        |   1475000 | PA      | $1475482.77   | 0.26%             | 2037-10-25      | Floating      | 9.21%                 | No            | 2                  | On Loan: No      |
| CIFC Funding Ltd                          | CIFC Funding 2014-II-R Ltd                                   | CUSIP: 12548RAH7<br>LEI: 549300O8WGQU5B6HEB94 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3009104.40   | 0.53%             | 2037-10-24      | Floating      | 5.23%                 | No            | 2                  | On Loan: No      |
| CIFC Funding Ltd                          | CIFC Funding 2019-VI Ltd                                     | CUSIP: 12555XAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007956.40   | 0.35%             | 2037-07-16      | Floating      | 5.34%                 | No            | 2                  | On Loan: No      |
| CIFC Funding Ltd                          | CIFC Funding 2024-I Ltd                                      | CUSIP: 12570YAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1017535.50   | 0.18%             | 2037-04-18      | Floating      | 10.48%                | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXII Ltd                                           | CUSIP: 55954DAG6<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1905824.45   | 0.33%             | 2036-07-15      | Floating      | 9.30%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XVII Ltd                                           | CUSIP: 55954EBE8<br>LEI: 5493003SVWF9GG13MZ22 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3005644.20   | 0.53%             | 2037-04-20      | Floating      | 7.38%                 | No            | 2                  | On Loan: No      |
| Clover CLO                                | Clover CLO 2018-1 LLC                                        | CUSIP: 18914GAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1650000 | PA      | $1647247.97   | 0.29%             | 2037-04-20      | Floating      | 10.28%                | No            | 2                  | On Loan: No      |
| Clover CLO                                | Clover CLO 2021-3 LLC                                        | CUSIP: 18915FAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $997916.30    | 0.18%             | 2035-01-25      | Floating      | 8.76%                 | No            | 2                  | On Loan: No      |
| MEDLINE BORROWER LP                       | Medline Borrower LP                                          | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1459458.60   | 0.26%             | 2029-04-01      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| CORELOGIC INC                             | CoreLogic Inc                                                | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   4923180 | PA      | $4930564.99   | 0.87%             | 2028-06-02      | Floating      | 7.58%                 | No            | 2                  | On Loan: No      |
| CROSBY US ACQUISITION CORP                | Crosby US Acquisition Corp                                   | CUSIP: 22739PAP1<br>LEI: 549300V5HSWHDNVOWE35 | Long             | LON              | CORP              | US        |   3450063 | PA      | $3476852.38   | 0.61%             | 2029-08-16      | Floating      | 7.66%                 | No            | 2                  | On Loan: No      |
| CQP HOLDCO LP                             | CQP Holdco LP                                                | CUSIP: 12657QAE3<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |   5128029 | PA      | $5143464.51   | 0.90%             | 2030-12-31      | Floating      | 6.00%                 | No            | 2                  | On Loan: No      |
| CORE & MAIN LP                            | Core & Main LP                                               | CUSIP: 40416VAH8<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |   3446450 | PA      | $3450758.13   | 0.61%             | 2031-02-10      | Floating      | 5.99%                 | No            | 2                  | On Loan: No      |
| DG INVESTMENT INTERMEDI                   | DG Investment Intermediate Holdings 2 Inc                    | CUSIP: 23344MAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $501877.50    | 0.09%             | 2032-07-12      | Floating      | 7.91%                 | No            | 2                  | On Loan: No      |
| MEDLINE BORROWER LP                       | Medline Borrower LP                                          | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   4739082 | PA      | $4746332.97   | 0.83%             | 2030-10-23      | Floating      | 5.96%                 | No            | 2                  | On Loan: No      |
| DAWN BIDCO LLC                            | Dawn Bidco LLC                                               | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250000 | PA      | $1247318.75   | 0.22%             | 2032-10-07      | Floating      | 7.67%                 | No            | 2                  | On Loan: No      |
| Chrysaor Bidco Sarl                       | Chrysaor Bidco Sarl, Senior Secured First Lien Term Loan     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1500000 | PA      | $1505250.00   | 0.26%             | 2031-10-30      | Floating      | 7.14%                 | No            | 2                  | On Loan: No      |
| COORSTECK INC                             | CoorsTek Inc                                                 | CUSIP: N/A<br>LEI: GHWONX83GNDLWPBRQQ83       | Long             | LON              | CORP              | US        |   1000000 | PA      | $997500.00    | 0.18%             | 2032-10-28      | Floating      | 7.05%                 | No            | 2                  | On Loan: No      |
| Benefit Street Partners CLO Lt            | Benefit Street Partners CLO XXIX Ltd                         | CUSIP: 08186FAE5<br>LEI: 549300DICNUWMUKL3816 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $998345.00    | 0.18%             | 2038-01-25      | Floating      | 8.46%                 | No            | 2                  | On Loan: No      |
| UBS GROUP AG                              | UBS Group AG                                                 | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3000000 | PA      | $3062514.00   | 0.54%             | 2034-08-10      | Variable      | 7.12%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXVI Ltd                                           | CUSIP: 55954YAW5<br>LEI: 549300F7COUCG1RROP29 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2999127.00   | 0.53%             | 2038-01-25      | Floating      | 5.01%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XXVI Ltd                                           | CUSIP: 55955CAG7<br>LEI: 549300F7COUCG1RROP29 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2954474.40   | 0.52%             | 2038-01-25      | Floating      | 8.56%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XL Ltd                                             | CUSIP: 55955VAA8<br>LEI: 5299008V4F49IY3SSP69 | Long             | ABS-CBDO         | CORP              | KY        |   1955000 | PA      | $1981636.48   | 0.35%             | 2037-07-15      | Floating      | 9.65%                 | No            | 2                  | On Loan: No      |
| Magnetite CLO Ltd                         | Magnetite XLVIII Ltd                                         | CUSIP: 55956FAA2<br>LEI: 529900GIGHYFX3L5AN76 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006758.10   | 0.53%             | 2038-10-15      | Floating      | 9.14%                 | No            | 2                  | On Loan: No      |
| Aimco                                     | Aimco CLO 11 Ltd                                             | CUSIP: 00140PAJ4<br>LEI: 549300VLRW0CEQ83RF89 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006796.50   | 0.53%             | 2037-07-17      | Floating      | 9.23%                 | No            | 2                  | On Loan: No      |
| OHA Loan Funding Ltd                      | OHA Loan Funding 2016-1 Ltd                                  | CUSIP: 67110VAJ6<br>LEI: 54930016024GMIAF7A82 | Long             | ABS-CBDO         | CORP              | KY        |   1625000 | PA      | $1637461.15   | 0.29%             | 2037-07-20      | Floating      | 9.58%                 | No            | 2                  | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                  | Olympus Water US Holding Corp                                | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1998100.00   | 0.35%             | 2031-06-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| 1011778 BC / NEW RED FIN                  | 1011778 BC ULC / New Red Finance Inc                         | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1893728.20   | 0.33%             | 2030-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| OREGON TOOL LUX LP                        | Oregon Tool Lux LP                                           | CUSIP: 68610BAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    397800 | PA      | $206856.00    | 0.04%             | 2029-10-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Aimco                                     | AIMCO CLO Series 2018-B                                      | CUSIP: 00900KAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2019565.00   | 0.35%             | 2037-04-16      | Floating      | 10.19%                | No            | 2                  | On Loan: No      |
| Aimco                                     | AIMCO CLO 10 Ltd                                             | CUSIP: 00900UAG9<br>LEI: 5493004I93856WYBB035 | Long             | ABS-CBDO         | CORP              | KY        |    825000 | PA      | $831290.54    | 0.15%             | 2037-07-22      | Floating      | 9.51%                 | No            | 2                  | On Loan: No      |
| CUBE A&D BUYER INC                        | Cube Industrials Buyer Inc                                   | CUSIP: 22971EAD0<br>LEI: 254900WU707ZFYHRD780 | Long             | LON              | CORP              | US        |   3880500 | PA      | $3901124.86   | 0.69%             | 2031-10-20      | Floating      | 6.91%                 | No            | 2                  | On Loan: No      |
| Diameter Capital CLO                      | Diameter Capital Clo 6 Ltd                                   | CUSIP: 25255VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1225614.24   | 0.22%             | 2037-04-15      | Floating      | 11.07%                | No            | 2                  | On Loan: No      |
| DISCOVERY COMMUNICATIONS                  | Discovery Communications LLC                                 | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1853500.00   | 0.33%             | 2030-05-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd            | Palmer Square Loan Funding 2024-3 Ltd                        | CUSIP: 69690RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001891.00   | 0.18%             | 2032-08-08      | Floating      | 9.63%                 | No            | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd            | Palmer Square Loan Funding 2022-4 Ltd                        | CUSIP: 69702XAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001217.00   | 0.18%             | 2031-07-24      | Floating      | 8.62%                 | No            | 2                  | On Loan: No      |
| Eagle Point Credit Co Inc                 | Eagle Point Credit Co Inc                                    | CUSIP: 269808101<br>LEI: 549300H82HTZTPXB6822 | Long             | EC               | RF                | US        |      1905 | NS      | $11830.05     | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| Eldridge CLO Ltd                          | Eldridge CLO 2025-1 Ltd                                      | CUSIP: 284913AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1754166.75   | 0.31%             | 2038-10-20      | Floating      | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd            | Palmer Square Loan Funding 2024-2 Ltd                        | CUSIP: 69703HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001833.10   | 0.18%             | 2033-01-15      | Floating      | 8.60%                 | No            | 2                  | On Loan: No      |
| Parallel Ltd                              | Parallel 2020-1 Ltd                                          | CUSIP: 69917AAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002237.60   | 0.35%             | 2034-07-20      | Floating      | 5.37%                 | No            | 2                  | On Loan: No      |
| Pikes Peak CLO                            | Pikes Peak CLO 6                                             | CUSIP: 72133BAC8<br>LEI: 635400BKNXKWEO3G2J74 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2948225.10   | 0.52%             | 2034-05-18      | Floating      | 8.79%                 | No            | 2                  | On Loan: No      |
| Point Au Roche Park CLO, Ltd              | Point Au Roche Park CLO Ltd                                  | CUSIP: 73052WAA1<br>LEI: 5493000RMLD359CPH591 | Long             | ABS-CBDO         | CORP              | KY        |    370000 | PA      | $372053.13    | 0.07%             | 2034-07-20      | Floating      | 10.25%                | No            | 2                  | On Loan: No      |
| Rad CLO Ltd                               | Rad Clo 25 Ltd                                               | CUSIP: 75009GAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   2500000 | PA      | $2512248.75   | 0.44%             | 2037-07-20      | Floating      | 7.03%                 | No            | 2                  | On Loan: No      |
| Rad CLO 12 Ltd                            | Rad CLO 12 Ltd                                               | CUSIP: 75009PAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5015365.50   | 0.88%             | 2040-07-30      | Floating      | 5.16%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 25 Ltd                        | Elmwood CLO 25 Ltd                                           | CUSIP: 29001CAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2930000 | PA      | $2925838.52   | 0.51%             | 2037-04-17      | Floating      | 9.13%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 34 Ltd                        | Elmwood CLO 34 Ltd                                           | CUSIP: 29001NAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2013886.40   | 0.35%             | 2037-10-17      | Floating      | 9.23%                 | No            | 2                  | On Loan: No      |
| PERATON CORP                              | Peraton Corp                                                 | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   2924451 | PA      | $2533978.41   | 0.45%             | 2028-02-01      | Floating      | 7.69%                 | No            | 2                  | On Loan: No      |
| POLARIS NEWCO LLC                         | Polaris Newco LLC                                            | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   5164859 | PA      | $4951446.84   | 0.87%             | 2028-06-05      | Floating      | 8.10%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 22 Ltd                        | Elmwood CLO 22 Ltd                                           | CUSIP: 29001YAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2504892.50   | 0.44%             | 2038-04-17      | Floating      | 5.08%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 24 Ltd                        | Elmwood CLO 24 Ltd                                           | CUSIP: 29002NAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2994322.80   | 0.53%             | 2038-01-17      | Floating      | 8.98%                 | No            | 2                  | On Loan: No      |
| MADISON IAQ LLC                           | Madison IAQ LLC                                              | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   4916257 | PA      | $4931497.02   | 0.87%             | 2028-06-21      | Floating      | 6.70%                 | No            | 2                  | On Loan: No      |
| PRE-PAID LEGAL SERVICES                   | Pre-Paid Legal Services Inc                                  | CUSIP: 74006LAS1<br>LEI: 549300DKH5WJ2J8QU878 | Long             | LON              | CORP              | US        |   2247990 | PA      | $2101881.84   | 0.37%             | 2028-12-15      | Floating      | 7.41%                 | No            | 2                  | On Loan: No      |
| IRIS HOLDING INC                          | Iris Holding Inc                                             | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    761421 | PA      | $741163.71    | 0.13%             | 2028-06-28      | Floating      | 8.69%                 | No            | 2                  | On Loan: No      |
| GATES CORPORATION                         | Gates Corp/DE                                                | CUSIP: 36740UAX0<br>LEI: 984500F43C791F4C7894 | Long             | LON              | CORP              | US        |   3459261 | PA      | $3461596.17   | 0.61%             | 2029-11-16      | Floating      | 5.71%                 | No            | 2                  | On Loan: No      |
| Invesco CLO Ltd                           | Invesco US CLO 2023-1 Ltd                                    | CUSIP: 46146KAJ2<br>LEI: 54930008KXQ75MGXPQ71 | Long             | ABS-CBDO         | CORP              | JE        |   1180000 | PA      | $1188639.61   | 0.21%             | 2037-04-22      | Floating      | 10.76%                | No            | 2                  | On Loan: No      |
| XPLR INFRAST OPERATING                    | XPLR Infrastructure Operating Partners LP                    | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2058316.00   | 0.36%             | 2029-01-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: —       |
| CAESARS ENTERTAIN INC                     | Caesars Entertainment Inc                                    | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   1489334 | PA      | $1482043.64   | 0.26%             | 2030-02-06      | Floating      | 6.21%                 | No            | 2                  | On Loan: No      |
| CAESARS ENTERTAIN INC                     | Caesars Entertainment Inc                                    | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   2964862 | PA      | $2944478.67   | 0.52%             | 2031-02-06      | Floating      | 6.21%                 | No            | 2                  | On Loan: No      |
| Wellington Management CLO                 | Wellington Management CLO 1 Ltd                              | CUSIP: 94957KAE1<br>LEI: 213800W7PWM3WCMD7X28 | Long             | ABS-CBDO         | CORP              | JE        |   1825000 | PA      | $1829562.50   | 0.32%             | 2038-10-20      | Floating      | 0.00%                 | No            | 2                  | On Loan: No      |
| Wellington Management CLO                 | Wellington Management Clo 2 Ltd                              | CUSIP: 94958DAA4<br>LEI: 213800D61SXQACUYP461 | Long             | ABS-CBDO         | CORP              | JE        |   1510000 | PA      | $1544645.14   | 0.27%             | 2037-04-20      | Floating      | 10.78%                | No            | 2                  | On Loan: No      |
| X CORP                                    | X Corp                                                       | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3989744 | PA      | $3894987.18   | 0.68%             | 2029-10-29      | Floating      | 10.45%                | No            | 2                  | On Loan: No      |
| WHATABRANDS LLC                           | Whatabrands LLC                                              | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |   4927662 | PA      | $4944144.88   | 0.87%             | 2028-08-03      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO V Ltd                         | Elmwood CLO V Ltd                                            | CUSIP: 29003BAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3021222.90   | 0.53%             | 2037-10-20      | Floating      | 7.03%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 17 Ltd                        | Elmwood CLO 17 Ltd                                           | CUSIP: 29003GAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1275000 | PA      | $1273254.40   | 0.22%             | 2037-07-17      | Floating      | 9.58%                 | No            | 2                  | On Loan: No      |
| HUSKY INJECTION MOLDING                   | Husky Injection Molding Systems Ltd                          | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |   2093796 | PA      | $2103197.37   | 0.37%             | 2029-02-15      | Floating      | 7.59%                 | No            | 2                  | On Loan: No      |
| HUSKY INJECTION MOLDING                   | Husky Injection Molding Systems Ltd                          | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |   2093796 | PA      | $2103197.37   | 0.37%             | 2029-02-15      | Floating      | 7.92%                 | No            | 2                  | On Loan: No      |
| PROAMPAC PG BORROWER LLC                  | Proampac PG Borrower LLC                                     | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   1281920 | PA      | $1283592.42   | 0.23%             | 2028-09-15      | Floating      | 8.19%                 | No            | 2                  | On Loan: No      |
| PROAMPAC PG BORROWER LLC                  | Proampac PG Borrower LLC                                     | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   1630413 | PA      | $1632540.23   | 0.29%             | 2028-09-15      | Floating      | 7.90%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 28 Ltd                        | Elmwood CLO 28 Ltd                                           | CUSIP: 29003PAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1550000 | PA      | $1562765.65   | 0.27%             | 2037-04-17      | Floating      | 9.88%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 23 Ltd                        | Elmwood CLO 23 Ltd                                           | CUSIP: 29004AAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2517401.25   | 0.44%             | 2036-04-16      | Floating      | 9.79%                 | No            | 2                  | On Loan: No      |
| Benefit Street Partners CLO Lt            | Benefit Street Partners CLO Ltd                              | CUSIP: 08182DAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5002878.00   | 0.88%             | 2038-04-20      | Floating      | 5.06%                 | No            | 2                  | On Loan: No      |
| Benefit Street Partners CLO Lt            | Benefit Street Partners CLO XXIII Ltd                        | CUSIP: 08186VAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3011069.10   | 0.53%             | 2034-04-25      | Floating      | 6.76%                 | No            | 2                  | On Loan: No      |
| Trimaran CAVU Ltd                         | Trimaran Cavu 2021-3 Ltd                                     | CUSIP: 89624HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1925000 | PA      | $1936598.13   | 0.34%             | 2035-01-18      | Floating      | 11.52%                | No            | 2                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account    | U.S. Bank Money Market Deposit Account                       | CUSIP: 8AMMF0A84<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  32895778 | NS      | $32895777.87  | 5.78%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTRAL PARENT LLC                        | Central Parent LLC                                           | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3960006 | PA      | $3272826.35   | 0.57%             | 2029-07-06      | Floating      | 7.25%                 | No            | 2                  | On Loan: No      |
| OVG BUSINESS SERVICES                     | Ovg Business Services LLC                                    | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1500000 | PA      | $1502347.50   | 0.26%             | 2031-06-25      | Floating      | 7.16%                 | No            | 2                  | On Loan: No      |
| Benefit Street Partners CLO Lt            | Benefit Street Partners CLO XXV Ltd                          | CUSIP: 08187AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $997889.80    | 0.18%             | 2035-01-15      | Floating      | 8.50%                 | No            | 2                  | On Loan: No      |
| Birch Grove CLO Ltd.                      | Birch Grove CLO 12 Ltd                                       | CUSIP: 09090NAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $975320.00    | 0.17%             | 2038-04-22      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| GATES CORPORATION                         | Gates Corp/DE                                                | CUSIP: 36740UAY8<br>LEI: 984500F43C791F4C7894 | Long             | LON              | CORP              | US        |    744361 | PA      | $744859.62    | 0.13%             | 2031-06-04      | Floating      | 5.71%                 | No            | 2                  | On Loan: No      |
| 1011778 BC ULC                            | 1011778 BC ULC                                               | CUSIP: C6901LAM9<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |   5252463 | PA      | $5244505.13   | 0.92%             | 2030-09-23      | Floating      | 5.71%                 | No            | 2                  | On Loan: No      |
| Elmwood CLO 37 Ltd                        | Elmwood CLO 37 Ltd                                           | CUSIP: 29004WAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003609.30   | 0.18%             | 2038-01-17      | Floating      | 8.63%                 | No            | 2                  | On Loan: No      |
| ENERFLEX LTD                              | Enerflex Ltd                                                 | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |   1800000 | PA      | $1842750.00   | 0.32%             | 2027-10-15      | Fixed         | 9.00%                 | No            | 2                  | On Loan: No      |
| BLERIOT US BIDCO INC                      | Bleriot US Bidco Inc                                         | CUSIP: 09353TAJ9<br>LEI: 254900ALCQ2A2VYD5Z08 | Long             | LON              | CORP              | US        |   4987406 | PA      | $5004537.28   | 0.88%             | 2030-10-17      | Floating      | 6.50%                 | No            | 2                  | On Loan: No      |
| CHART INDUSTRIES INC                      | Chart Industries Inc                                         | CUSIP: 16115EAT4<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |   3791653 | PA      | $3812980.68   | 0.67%             | 2030-03-18      | Floating      | 6.48%                 | No            | 2                  | On Loan: No      |
| GRAHAM PACKAGING/GPC CAP                  | Graham Packaging Co Inc                                      | CUSIP: 38469EAE3<br>LEI: 549300YS0ZFT826HIK72 | Long             | LON              | CORP              | US        |   5146301 | PA      | $5160582.00   | 0.91%             | 2027-08-04      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| UKG INC                                   | UKG Inc                                                      | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1545175.50   | 0.27%             | 2031-02-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| VISTRA OPERATIONS CO LLC                  | Vistra Operations Co LLC                                     | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1963965.20   | 0.34%             | 2029-05-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| ENERGY TRANSFER LP                        | Energy Transfer LP                                           | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2068900.00   | 0.36%             | 2054-10-01      | Variable      | 7.12%                 | No            | 2                  | On Loan: —       |
| Magnetite CLO Ltd                         | Magnetite XXIX Ltd                                           | CUSIP: 55955JAE7<br>LEI: 549300XSCWZTP19VRZ67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1010473.90   | 0.18%             | 2037-07-15      | Floating      | 9.90%                 | No            | 2                  | On Loan: No      |
| GOLDEN STATE FOODS LLC                    | Golden State Foods LLC                                       | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3466951 | PA      | $3484407.23   | 0.61%             | 2031-12-04      | Floating      | 8.00%                 | No            | 2                  | On Loan: No      |
| GOAT HOLDCO LLC                           | Goat Holdco LLC                                              | CUSIP: 38021CAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5306335 | PA      | $5310765.80   | 0.93%             | 2032-01-27      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                  | MajorDrive Holdings IV LLC                                   | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1572525.00   | 0.28%             | 2029-06-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| RR Ltd                                    | RR 8 Ltd                                                     | CUSIP: 74980GAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005070.30   | 0.18%             | 2037-07-15      | Floating      | 10.15%                | No            | 2                  | On Loan: No      |
| ACRISURE LLC                              | Acrisure LLC                                                 | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   4217517 | PA      | $4220153.07   | 0.74%             | 2030-11-06      | Floating      | 7.16%                 | No            | 2                  | On Loan: No      |
| PHOENIX NEWCO INC                         | Phoenix Newco Inc                                            | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |   2362325 | PA      | $2371491.31   | 0.42%             | 2028-11-15      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| BOOST NEWCO BORROWER LLC                  | Boost Newco Borrower LLC                                     | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    985050 | PA      | $988743.94    | 0.17%             | 2031-01-31      | Floating      | 6.00%                 | No            | 2                  | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                  | Great Outdoors Group LLC                                     | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |   4962500 | PA      | $4968703.13   | 0.87%             | 2032-01-23      | Floating      | 7.21%                 | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LTD                     | HUB International Ltd                                        | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   5654603 | PA      | $5679568.24   | 1.00%             | 2030-06-20      | Floating      | 6.12%                 | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LTD                     | HUB International Ltd                                        | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |     16701 | PA      | $16774.99     | 0.00%             | 2030-06-20      | Floating      | 6.12%                 | No            | 2                  | On Loan: No      |
| QUIKRETE HOLDINGS INC                     | Quikrete Holdings Inc                                        | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   6874883 | PA      | $6893617.39   | 1.21%             | 2031-04-14      | Floating      | 6.41%                 | No            | 2                  | On Loan: No      |
| OREGON TOOL LUX LP                        | Oregon Tool Lux LP                                           | CUSIP: L7266PAE5<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   3149711 | PA      | $2426065.04   | 0.43%             | 2029-10-15      | Floating      | 8.45%                 | No            | 2                  | On Loan: No      |
| PEER HOLDING III BV                       | Peer Holding III BV                                          | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |   2972318 | PA      | $2988576.22   | 0.52%             | 2030-10-28      | Floating      | 6.50%                 | No            | 2                  | On Loan: No      |
| PREGIS TOPCO LLC                          | Pregis TopCo LLC                                             | CUSIP: 74045BAG2<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |   1949229 | PA      | $1964286.86   | 0.35%             | 2029-02-01      | Floating      | 7.96%                 | No            | 2                  | On Loan: No      |
| CHARIOT BUYER LLC                         | Chariot Buyer LLC                                            | CUSIP: 15963CAE6<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   4946694 | PA      | $4968336.06   | 0.87%             | 2032-09-08      | Floating      | 6.96%                 | No            | 2                  | On Loan: No      |
| LUMMUS TECHNOLOGY HOLDINGS                | Lummus Technology Holdings V LLC                             | CUSIP: 45232UAH1<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |   1000000 | PA      | $999480.00    | 0.18%             | 2029-12-31      | Floating      | 6.66%                 | No            | 2                  | On Loan: No      |
| HYPERION REFINANCE SARL                   | Hyperion Refinance Sarl                                      | CUSIP: G4712JBB7<br>LEI: 213800R6D9EVRN5D3117 | Long             | LON              | CORP              | LU        |   1995000 | PA      | $2000506.20   | 0.35%             | 2031-02-18      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| OPENLANE INC                              | OPENLANE Inc                                                 | CUSIP: 68373AAD5<br>LEI: 5493004HKD20LBSG7D03 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1253125.00   | 0.22%             | 2032-10-08      | Floating      | 6.59%                 | No            | 2                  | On Loan: No      |
| CHEMOURS CO                               | Chemours Co/The                                              | CUSIP: 16384YAM9<br>LEI: 549300M1BOLNXL8DOV14 | Long             | LON              | CORP              | US        |   2000000 | PA      | $1972000.00   | 0.35%             | 2032-10-15      | Floating      | 7.46%                 | No            | 2                  | On Loan: No      |
| Pacific Bells 9/25 TL                     | Pacific Bells 9/25 TL                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1000000 | PA      | $1002810.00   | 0.18%             | 2028-11-13      | Floating      | 7.80%                 | No            | 2                  | On Loan: No      |
| Voya CLO Ltd                              | Voya CLO 2020-2 Ltd                                          | CUSIP: 92918HAT7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012485.00   | 0.88%             | 2038-01-20      | Floating      | 5.19%                 | No            | 2                  | On Loan: No      |
| TRAVERSE MIDSTREAM PARTN                  | Traverse Midstream Partners LLC                              | CUSIP: 89435TAB0<br>LEI: 549300DHTM8B2X5QMJ22 | Long             | LON              | CORP              | US        |   4934823 | PA      | $4956412.65   | 0.87%             | 2028-02-16      | Floating      | 6.34%                 | No            | 2                  | On Loan: No      |
| SPX FLOW INC                              | SPX FLOW Inc                                                 | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2051988.00   | 0.36%             | 2030-04-01      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| RIVIAN HLD/AUTO LLC                       | Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC         | CUSIP: 76954LAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2674938.60   | 0.47%             | 2031-01-15      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| ATHENAHEALTH GROUP INC                    | AthenaHealth Group Inc                                       | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   4767634 | PA      | $4753473.85   | 0.83%             | 2029-02-15      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| IRIS HOLDING INC                          | Iris Holding Inc                                             | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    715736 | PA      | $696693.86    | 0.12%             | 2028-06-28      | Floating      | 8.69%                 | No            | 2                  | On Loan: No      |
| AVOLON TLB BORROWER 1 US                  | Avolon TLB Borrower 1 US LLC                                 | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |   3115514 | PA      | $3124440.34   | 0.55%             | 2030-06-24      | Floating      | 5.78%                 | No            | 2                  | On Loan: No      |
| BAUSCH + LOMB CORP                        | Bausch + Lomb Corp                                           | CUSIP: C0787FAF9<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |   3991175 | PA      | $4008655.92   | 0.70%             | 2028-09-29      | Floating      | 7.96%                 | No            | 2                  | On Loan: No      |
| State Street SPDR Bloomberg Sh            | State Street SPDR Bloomberg Short Term High Yield Bond ETF   | CUSIP: 78468R408<br>LEI: 549300YI2V5ELVW58659 | Long             | EC               | RF                | US        |     79365 | NS      | $2019045.60   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR Bloomberg Hi            | State Street SPDR Bloomberg High Yield Bond ETF              | CUSIP: 78468R622<br>LEI: 549300NCLW2248PN7J24 | Long             | EC               | RF                | US        |     22196 | NS      | $2161668.44   | 0.38%             |  |  |  | No            | 1                  | On Loan: —       |
| SEAWORLD PARKS & ENTERTA                  | SeaWorld Parks & Entertainment Inc                           | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1962790.00   | 0.34%             | 2029-08-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| STANDARD INDUSTRI INC/NY                  | Standard Industries Inc/NY                                   | CUSIP: 853496AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $498765.10    | 0.09%             | 2028-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| PRO MACH GROUP INC                        | Pro Mach Group Inc                                           | CUSIP: 74273JAL7<br>LEI: 5493008SZGSVUCSNB151 | Long             | LON              | CORP              | US        |   1000000 | PA      | $1003465.00   | 0.18%             | 2032-10-15      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| OPAL US LLC                               | Opal US LLC                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2000000 | PA      | $2010940.00   | 0.35%             | 2032-04-23      | Floating      | 7.08%                 | No            | 2                  | On Loan: No      |
| Pioneer Acquisitionco T/L (10/25)         | Pioneer Acquisitionco T/L (10/25)                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2000000 | PA      | $2005000.00   | 0.35%             | 2032-10-22      | Floating      | 7.53%                 | No            | 2                  | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                  | Elanco Animal Health Inc                                     | CUSIP: 28414BAF3<br>LEI: 549300SHPNDCE059M934 | Long             | LON              | CORP              | US        |    797595 | PA      | $798328.91    | 0.14%             | 2027-08-02      | Floating      | 5.98%                 | No            | 2                  | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                  | MajorDrive Holdings IV LLC                                   | CUSIP: 56085UAB9<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |   2445049 | PA      | $2380095.90   | 0.42%             | 2028-06-01      | Floating      | 8.26%                 | No            | 2                  | On Loan: No      |
| ENGINEERED MACHINERY HOL                  | Engineered Machinery Holdings Inc                            | CUSIP: 26658NAP4<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   1964286 | PA      | $1976808.04   | 0.35%             | 2028-05-22      | Floating      | 7.76%                 | No            | 2                  | On Loan: No      |
| ENGINEERED MACHINERY HOL                  | Engineered Machinery Holdings Inc                            | CUSIP: 26658NAQ2<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |    600000 | PA      | $603000.00    | 0.11%             | 2029-05-21      | Floating      | 10.26%                | No            | 2                  | On Loan: No      |
| TRANSDIGM INC                             | TransDigm Inc                                                | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   3954962 | PA      | $3964790.37   | 0.70%             | 2031-02-28      | Floating      | 6.50%                 | No            | 2                  | On Loan: No      |
| WEC US HOLDINGS INC                       | WEC US Holdings Inc                                          | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |   4939975 | PA      | $4956993.13   | 0.87%             | 2031-01-27      | Floating      | 6.38%                 | No            | 2                  | On Loan: No      |
| MERLIN ENTERTAINMENTS GR                  | Merlin Entertainments Group US Holdings Inc                  | CUSIP: 59010UAA5<br>LEI: 549300HBQPPKS1187K54 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1677027.00   | 0.29%             | 2031-02-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| FERTITTA ENTERTAINMENT L                  | Fertitta Entertainment LLC/NV                                | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |   4961440 | PA      | $4962704.76   | 0.87%             | 2029-01-29      | Floating      | 7.21%                 | No            | 2                  | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                  | MajorDrive Holdings IV LLC                                   | CUSIP: 56085UAC7<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |    984694 | PA      | $968283.96    | 0.17%             | 2029-06-01      | Floating      | 9.65%                 | No            | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                  | Neuberger Berman Loan Advisers Clo 56 Ltd                    | CUSIP: 64135UAA5<br>LEI: 2549001742TZTUKJHB13 | Long             | ABS-CBDO         | CORP              | KY        |   1395000 | PA      | $1409167.48   | 0.25%             | 2037-07-24      | Floating      | 9.62%                 | No            | 2                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   7050440 | NS      | $7050439.50   | 1.24%             |  |  |  | No            | N/A                | On Loan: No      |
| MOTION FINCO SARL                         | Motion Finco Sarl                                            | CUSIP: N/A<br>LEI: 2549002L1LBQZKA7UN30       | Long             | LON              | CORP              | LU        |   4957644 | PA      | $4310497.52   | 0.76%             | 2029-11-30      | Floating      | 7.50%                 | No            | 2                  | On Loan: No      |
| UKG INC                                   | UKG Inc                                                      | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   5945000 | PA      | $5951034.18   | 1.05%             | 2031-02-10      | Floating      | 6.34%                 | No            | 2                  | On Loan: No      |
| APPLIED SYSTEMS INC                       | Applied Systems Inc                                          | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   5451425 | PA      | $5468133.40   | 0.96%             | 2031-02-24      | Floating      | 6.25%                 | No            | 2                  | On Loan: No      |
| EMRLD BORROWER LP                         | Emrld Borrower LP                                            | CUSIP: 26872NAC3<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |   4272952 | PA      | $4267396.90   | 0.75%             | 2030-05-31      | Floating      | 6.45%                 | No            | 2                  | On Loan: No      |
| SBA SENIOR FINANCE II LLC                 | SBA Senior Finance II LLC                                    | CUSIP: 78404XAJ4<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |   2900972 | PA      | $2910371.22   | 0.51%             | 2031-01-27      | Floating      | 5.72%                 | No            | 2                  | On Loan: No      |
| ASPLUNDH TREE EXPERT LLC                  | Asplundh Tree Expert LLC                                     | CUSIP: 04538FAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4935965 | PA      | $4943664.99   | 0.87%             | 2031-05-23      | Floating      | 5.71%                 | No            | 2                  | On Loan: No      |
| BCPE PEQUOD BUYER INC                     | BCPE Pequod Buyer Inc                                        | CUSIP: 05624AAB8<br>LEI: 254900HEEOS2IWC84V94 | Long             | LON              | CORP              | US        |   4992500 | PA      | $5012994.21   | 0.88%             | 2031-11-25      | Floating      | 6.96%                 | No            | 2                  | On Loan: No      |
| STUBHUB HOLDCO SUB LLC                    | StubHub Holdco Sub LLC                                       | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |   3015196 | PA      | $3020216.73   | 0.53%             | 2030-03-15      | Floating      | 8.71%                 | No            | 2                  | On Loan: No      |
| SIX FLAGS ENTERTAINME                     | Six Flags Entertainment Corp                                 | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |   3945000 | PA      | $3926103.64   | 0.69%             | 2031-05-01      | Floating      | 5.96%                 | No            | 2                  | On Loan: No      |
| IRB HOLDING CORP                          | IRB Holding Corp                                             | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   4712550 | PA      | $4724426.00   | 0.83%             | 2027-12-15      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| INDICOR LLC                               | Indicor LLC                                                  | CUSIP: 77669LAK9<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |   3941524 | PA      | $3958394.21   | 0.70%             | 2029-11-23      | Floating      | 6.75%                 | No            | 2                  | On Loan: No      |
| EPICOR SOFTWARE CORP                      | Epicor Software Corp                                         | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   4391294 | PA      | $4405938.49   | 0.77%             | 2031-05-30      | Floating      | 6.66%                 | No            | 2                  | On Loan: No      |
| DOOSAN BOBCAT NORTH                       | Doosan Bobcat North America Inc                              | CUSIP: 18143EAL3<br>LEI: 549300X1FKNY520VPF71 | Long             | LON              | CORP              | US        |   4437637 | PA      | $4453168.25   | 0.78%             | 2029-04-20      | Floating      | 6.00%                 | No            | 2                  | On Loan: No      |
| WAND NEWCO 3 INC                          | Wand NewCo 3 Inc                                             | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |   4730654 | PA      | $4725568.07   | 0.83%             | 2031-01-30      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| APPLE BIDCO LLC                           | Apple Bidco LLC                                              | CUSIP: 48254EAG6<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |   6931837 | PA      | $6957657.89   | 1.22%             | 2031-09-23      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| DYNASTY ACQUISITION CO I                  | Dynasty Acquisition Co Inc                                   | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |   4673572 | PA      | $4686704.96   | 0.82%             | 2031-10-31      | Floating      | 5.96%                 | No            | 2                  | On Loan: No      |
| DYNASTY ACQUISITION CO I                  | Dynasty Acquisition Co Inc                                   | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |   1777678 | PA      | $1782673.05   | 0.31%             | 2031-10-31      | Floating      | 5.96%                 | No            | 2                  | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                  | SeaWorld Parks & Entertainment Inc                           | CUSIP: 78488CAL4<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |   4650095 | PA      | $4645746.75   | 0.82%             | 2031-12-04      | Floating      | 5.96%                 | No            | 2                  | On Loan: No      |
| SAVOR ACQUISITION INC                     | Savor Acquisition Inc                                        | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |   4557543 | PA      | $4582222.19   | 0.80%             | 2032-02-19      | Floating      | 6.84%                 | No            | 2                  | On Loan: No      |
| SAVOR ACQUISITION INC                     | Savor Acquisition Inc                                        | CUSIP: 80536AAC6<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |    431034 | PA      | $433368.55    | 0.08%             | 2032-02-19      | Floating      | 7.56%                 | No            | 2                  | On Loan: No      |
| FCG ACQUISITIONS INC                      | FCG Acquisitions Inc                                         | CUSIP: 30260UAK1<br>LEI: 254900BHD5AK9H7EKF91 | Long             | LON              | CORP              | US        |   4986985 | PA      | $5005063.16   | 0.88%             | 2028-04-03      | Floating      | 7.21%                 | No            | 2                  | On Loan: No      |
| SPX FLOW INC                              | SPX FLOW Inc                                                 | CUSIP: 78470DAW8<br>LEI: 5493003YXEKRBINIEM78 | Long             | LON              | CORP              | US        |   5272617 | PA      | $5308734.60   | 0.93%             | 2029-04-05      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| FILTRATION GROUP CORP                     | Filtration Group Corp                                        | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   3961519 | PA      | $3981742.24   | 0.70%             | 2028-10-23      | Floating      | 6.71%                 | No            | 2                  | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                   | Allied Universal Holdco LLC                                  | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   6250000 | PA      | $6282406.25   | 1.10%             | 2032-08-20      | Floating      | 7.31%                 | No            | 2                  | On Loan: No      |
| SKYMILES IP LTD                           | SkyMiles IP Ltd                                              | CUSIP: 24736CBT0<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |   2750000 | PA      | $2766747.50   | 0.49%             | 2028-10-20      | Floating      | 5.38%                 | No            | 2                  | On Loan: No      |
| APEX GROUP TREASURY LLC                   | Apex Group Treasury LLC                                      | CUSIP: G0472CAK1<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |   4987469 | PA      | $4678869.05   | 0.82%             | 2032-02-27      | Floating      | 7.75%                 | No            | 2                  | On Loan: No      |
| X CORP                                    | X Corp                                                       | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $3013125.00   | 0.53%             | 2029-10-29      | Fixed         | 9.50%                 | No            | 2                  | On Loan: No      |
| TK ELEVATOR US NEWCO INC                  | TK Elevator US Newco Inc                                     | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |   2142714 | PA      | $2158344.83   | 0.38%             | 2030-04-30      | Floating      | 7.20%                 | No            | 2                  | On Loan: No      |
| TK ELEVATOR US NEWCO INC                  | TK Elevator US Newco Inc                                     | CUSIP: N/A<br>LEI: 549300C2AFWPAYWS5574       | Long             | LON              | CORP              | US        |   2307520 | PA      | $2324353.40   | 0.41%             | 2030-04-30      | Floating      | 7.20%                 | No            | 2                  | On Loan: No      |
| BAUSCH + LOMB CORP                        | Bausch + Lomb Corp                                           | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | CA        |    857146 | PA      | $863574.54    | 0.15%             | 2031-01-15      | Floating      | 8.21%                 | No            | 2                  | On Loan: No      |
| ALTERRA MOUNTAIN COMPANY                  | Alterra Mountain Co                                          | CUSIP: 46124CAU1<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |   4000000 | PA      | $4020000.00   | 0.71%             | 2028-08-17      | Floating      | 6.46%                 | No            | 2                  | On Loan: No      |
| TRQ SALES LLC                             | TRQ Sales LLC                                                | CUSIP: N/A<br>LEI: 254900RI25V4FBT02P38       | Long             | LON              | CORP              | US        |   4000000 | PA      | $3956660.00   | 0.70%             | 2032-08-13      | Floating      | 7.61%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC                             | TransDigm Inc                                                | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1601205 | PA      | $1604311.49   | 0.28%             | 2030-03-22      | Floating      | 6.25%                 | No            | 2                  | On Loan: No      |
| Arnott 10/25 Cov-Lite TLB                 | Arnott 10/25 Cov-Lite TLB                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1000000 | PA      | $1005205.00   | 0.18%             | 2032-10-08      | Floating      | 7.05%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Pacer Funds Trust

**Signature:** /s/ Bruce Kavanaugh

**Name of Signer:** Pacer Funds Trust

**Title:** Vice President