# EDGAR Filing Document

**Accession Number:** 0001912963
**File Stem:** 0001193125-26-251333
**Filing Date:** 2026-6
**Character Count:** 145352
**Document Hash:** b81a7d59056357f95f8a532dc8cec28c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-251333.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001193125-26-251333

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Trust Private Credit Fund
- **CENTRAL INDEX KEY:** 0001912963

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23792
- **FILM NUMBER:** 261050297

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2270

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Private Credit Fund

- **b. Investment Company Act file number:** 811-23792

- **c. CIK number of Registrant:** 0001912963

- **d. LEI of Registrant:** 549300C1F1XYQK37T076

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

  - **Street Address 1:** 235 West Galena Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53212

  - **Telephone number:** 414-299-2270

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

- **a. Name of Series:** First Trust Private Credit Fund

- **c. LEI of Series:** 549300C1F1XYQK37T076

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

- **a. Date of fiscal year-end:** 2026-03-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $514760013.95

**Total Liabilities:** $35274910.31

**Net Assets:** $479485103.64

**Cash Not Reported:** $1003089.46

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 7.000177194896 | **5-Year:** 970.366005019826 | **10-Year:** 13806.380972349492 | **30-Year:** 1623.538000835786

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

- **3-Month:** 0.000000000000 | **1-Year:** 1116.638647832519 | **5-Year:** 4860.564416325960 | **10-Year:** 27977.454377489544 | **30-Year:** 3072.948597994978

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.40%                | -0.37%               | -0.28%               |
| Class ID N/A | 0.50%                | -0.27%               | -0.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $235662.11               | $-958190.66                                |
| Month 2  | $424483.03               | $-5105161.32                               |
| Month 3  | $-17600.19               | $-5392135.08                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Carlyle Global Market Strategi                | Carlyle U.S. CLO 2026-2 Ltd.                                        | CUSIP: 142931AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495000.00    | 0.10%             | 2039-04-20      | Floating      | 6.81%                 | Yes           | 2                  | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO 2014-2R Ltd.                   | CUSIP: 14314LAL9<br>LEI: 549300K65HYRGER5BW54 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002635.60   | 0.21%             | 2031-05-15      | Floating      | 6.71%                 | Yes           | 2                  | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding XVII CLO Ltd.                                         | CUSIP: 15033QAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $477044.00    | 0.10%             | 2038-07-20      | Floating      | 10.17%                | Yes           | 2                  | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2018-II Ltd.                                           | CUSIP: 17180WAS4<br>LEI: 635400A7PBKNR7KBOY58 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2037-10-20      | Floating      | 6.72%                 | Yes           | 2                  | On Loan: No      |
| Elevation CLO Ltd                             | Elevation CLO 2018-10 Ltd.                                          | CUSIP: 28623CAL5<br>LEI: 5493005Q4N14IP6ASK07 | Long             | ABS-CBDO         | CORP              | KY        |       629 | PA      | $629.09       | 0.00%             | 2031-10-20      | Floating      | 4.59%                 | Yes           | 2                  | On Loan: No      |
| Elmwood CLO 14 Ltd                            | Elmwood CLO 14 Ltd.                                                 | CUSIP: 29003XAG8<br>LEI: 254900OL3XXZ9LCM4Q21 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $475421.85    | 0.10%             | 2038-10-20      | Floating      | 9.17%                 | Yes           | 2                  | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance Clo 2015-1 Ltd.                                         | CUSIP: 27830KBA1<br>LEI: 5493008YP5U5LTXAO749 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501303.35    | 0.10%             | 2030-01-20      | Floating      | 6.43%                 | Yes           | 2                  | On Loan: No      |
| Elmwood CLO 19 Ltd                            | Elmwood CLO 19 Ltd.                                                 | CUSIP: 29004JBC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $985344.10    | 0.21%             | 2038-10-17      | Floating      | 6.37%                 | Yes           | 2                  | On Loan: No      |
| Elmwood CLO 19 Ltd                            | Elmwood CLO 19 Ltd.                                                 | CUSIP: 29004YAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $482276.15    | 0.10%             | 2038-10-17      | Floating      | 8.82%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2023-19 Ltd.                         | CUSIP: 617934AW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $488550.65    | 0.10%             | 2038-07-15      | Floating      | 8.17%                 | Yes           | 2                  | On Loan: No      |
| Mount Logan Funding LP                        | Mount Logan Funding 2018-1 LP                                       | CUSIP: 62188AAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1926983 | PA      | $821743.98    | 0.17%             | 2033-01-22      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2025-1 Ltd.                                             | CUSIP: 29249DAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998532.00    | 0.21%             | 2038-07-20      | Floating      | 6.62%                 | Yes           | 2                  | On Loan: No      |
| FLORIDA FOODS PROD BANK LOAN 10/18/2028   /   | FLORIDA FOODS PROD BANK LOAN 10/18/2028   /                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    130699 | PA      | $129283.04    | 0.03%             | 2028-10-18      | Variable      | 9.59%                 | No            | 3                  | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities XIX CLO LLC                           | CUSIP: 34964RAY9<br>LEI: 254900TCFL84ON4RYM29 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $987038.80    | 0.21%             | 2036-10-15      | Floating      | 11.67%                | Yes           | 3                  | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities VIII CLO LLC                          | CUSIP: 34966DBG6<br>LEI: 254900KZQWTE1I0BOK24 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1944448.40   | 0.41%             | 2037-10-22      | Floating      | 10.62%                | Yes           | 2                  | On Loan: No      |
| Galaxy CLO Ltd                                | Galaxy Xxiv Clo Ltd.                                                | CUSIP: 36321BAG6<br>LEI: 6354006LLTU5DRVJLQ86 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2037-04-15      | Floating      | 5.21%                 | Yes           | 2                  | On Loan: No      |
| Golub Capital Partners CLO, LT                | Golub Capital CLO 88 B Ltd.                                         | CUSIP: 38190NAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $490000.00    | 0.10%             | 2039-04-17      | Floating      | 9.89%                 | Yes           | 2                  | On Loan: No      |
| HS PURCHASER LLC                              | HS Purchaser LLC                                                    | CUSIP: 40435TAP2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1096754 | PA      | $1068160.24   | 0.22%             | 2029-05-21      | Floating      | 9.76%                 | No            | 3                  | On Loan: No      |
| Invesco CLO LTD                               | Invesco U.S. CLO 2023-1 Ltd.                                        | CUSIP: 46146KAJ2<br>LEI: 54930008KXQ75MGXPQ71 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $236359.75    | 0.05%             | 2037-04-22      | Floating      | 10.57%                | Yes           | 2                  | On Loan: No      |
| Invesco CLO LTD                               | Invesco U.S. CLO 2023-2 Ltd.                                        | CUSIP: 46147LAE0<br>LEI: 2549000VWIHWVWECHQ22 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $239351.45    | 0.05%             | 2038-04-21      | Floating      | 11.55%                | Yes           | 2                  | On Loan: No      |
| Invesco CLO LTD                               | Invesco U.S. CLO 2025-1 Ltd.                                        | CUSIP: 46151PAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $248821.85    | 0.05%             | 2038-07-15      | Floating      | 9.67%                 | Yes           | 2                  | On Loan: No      |
| TCW DIRECT LENING VIII LLC FTPC   /           | TCW DIRECT LENING VIII LLC FTPC   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $7477273.97   | 1.56%             |  |  |  | No            | N/A                | On Loan: No      |
| TCW FENIX DDTL B-1 TOPCO LLC   /              | TCW FENIX DDTL B-1 TOPCO LLC   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     50459 | PA      | $48591.62     | 0.01%             | 2027-04-02      | Variable      | 10.45%                | No            | 3                  | On Loan: No      |
| TCW FENIX TOPCO B TL B 3/28/2029   /          | TCW FENIX TOPCO B TL B 3/28/2029   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    841397 | PA      | $810265.30    | 0.17%             | 2029-03-28      | Variable      | 10.45%                | No            | 3                  | On Loan: No      |
| TCW IPSEN TL LLC   /                          | TCW IPSEN TL LLC   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4438876 | PA      | $4314656.09   | 0.90%             | 2029-07-31      | Variable      | 14.42%                | No            | 3                  | On Loan: No      |
| TCW KICHLER LIGHTING    /                     | TCW KICHLER LIGHTING    /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3935552 | PA      | $3842322.56   | 0.80%             | 2029-09-18      | Variable      | 14.17%                | No            | 3                  | On Loan: No      |
| KKR Financial CLO Ltd                         | KKR Financial CLO 2013-1 Ltd.                                       | CUSIP: 48249VBQ3<br>LEI: 549300ZUUB37M3VWNC17 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $748859.85    | 0.16%             | 2038-10-15      | Floating      | 7.08%                 | Yes           | 2                  | On Loan: No      |
| KKR Financial CLO Ltd                         | KKR CLO 18 Ltd.                                                     | CUSIP: 48251JAS2<br>LEI: 54930088PYF0FHKY5C94 | Long             | ABS-CBDO         | CORP              | KY        |    388384 | PA      | $388157.89    | 0.08%             | 2035-10-18      | Floating      | 4.72%                 | Yes           | 2                  | On Loan: No      |
| MCF CLO LLC                                   | MCF CLO VIII Ltd.                                                   | CUSIP: 55281QAC0<br>LEI: 254900KF5QOK0T8H4C54 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $1470623.10   | 0.31%             | 2036-04-18      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| MCF CLO LLC                                   | MCF CLO VIII Ltd.                                                   | CUSIP: 55281QAG1<br>LEI: 254900KF5QOK0T8H4C54 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4500602.55   | 0.94%             | 2036-04-18      | Floating      | 11.67%                | Yes           | 2                  | On Loan: No      |
| MCF CLO LLC                                   | MCF CLO IX Ltd.                                                     | CUSIP: 55282EAE2<br>LEI: 2549007R1O92GDXNLZ38 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2496886.00   | 0.52%             | 2036-04-17      | Floating      | 11.73%                | Yes           | 2                  | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXVI Ltd.                                                 | CUSIP: 55954YBC8<br>LEI: 549300F7COUCG1RROP29 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $977019.40    | 0.20%             | 2038-01-25      | Floating      | 6.17%                 | Yes           | 2                  | On Loan: No      |
| Maranon Loan Funding Ltd                      | Maranon Loan Funding 2021-3 Ltd.                                    | CUSIP: 56577NBA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1191150.75   | 0.25%             | 2036-10-15      | Floating      | 11.49%                | Yes           | 2                  | On Loan: No      |
| MENLO CLO                                     | Menlo Clo III Ltd.                                                  | CUSIP: 58682NAG7<br>LEI: 254900SSGUF4LVDEDB34 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501122.75    | 0.10%             | 2038-10-16      | Floating      | 6.89%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2021-1 Ltd.                          | CUSIP: 61773LAE0<br>LEI: 549300IR0OSEGDTMK223 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $475772.30    | 0.10%             | 2037-10-23      | Floating      | 9.73%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2025-1 Ltd.                              | CUSIP: 69703VAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4150000 | PA      | $2821851.02   | 0.59%             | 2033-02-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2024-4 Ltd.                                       | CUSIP: 69703XAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2130175.50   | 0.44%             | 2038-01-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2025-2 Ltd.                                       | CUSIP: 69704DAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1488421.20   | 0.31%             | 2038-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| ARES CLO Ltd                                  | ARES Loan Funding I Ltd.                                            | CUSIP: 04018XAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497414.35    | 0.10%             | 2039-04-15      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| Arini US CLO Limited                          | Arini U.S. CLO I Ltd.                                               | CUSIP: 04039AAG9<br>LEI: 2549005XY5NLS2UWEM64 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004766.20   | 0.21%             | 2038-04-15      | Floating      | 7.67%                 | Yes           | 2                  | On Loan: No      |
| Arini US CLO Limited                          | Arini U.S. CLO V Ltd.                                               | CUSIP: 04040CAG2<br>LEI: 254900RPWXD20B0D2E70 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.21%             | 2039-04-15      | Floating      | 9.67%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 60 Ltd.                          | CUSIP: 640974AC5<br>LEI: 254900LV0LNHKC2KQJ62 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1457422.60   | 0.30%             | 2039-04-22      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers Clo 61 Ltd.                          | CUSIP: 640985AE7<br>LEI: 2549006I8TDEPS26X974 | Long             | ABS-CBDO         | CORP              | KY        |   3900000 | PA      | $2962798.02   | 0.62%             | 2039-07-17      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Arini US CLO Limited                          | Arini U.S. CLO V Ltd.                                               | CUSIP: 04040DAA3<br>LEI: 254900RPWXD20B0D2E70 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.21%             | 2039-04-15      | Floating      | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Bain Capital Credit CLO, Limit                | Bain Capital Credit CLO 2018-2                                      | CUSIP: 05682VAU9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751953.08    | 0.16%             | 2031-07-19      | Floating      | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2025-2 Ltd.                              | CUSIP: 69704EAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2625000 | PA      | $2040257.63   | 0.43%             | 2033-07-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| AUDAX RICCOBENE RBFD Buyer TL   /             | AUDAX RICCOBENE RBFD Buyer TL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1306867 | PA      | $1299026.16   | 0.27%             | 2027-11-12      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 63 Ltd.                          | CUSIP: 640988AC5<br>LEI: 254900DDWWKSKL7QS113 | Long             | ABS-CBDO         | CORP              | KY        |   3250000 | PA      | $2860000.00   | 0.60%             | 2039-04-16      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 28 Ltd.                          | CUSIP: 64130PAU7<br>LEI: 5493008C5LSWKG3UQ392 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498051.70    | 0.10%             | 2038-10-20      | Floating      | 6.87%                 | Yes           | 2                  | On Loan: No      |
| Bain Capital Credit CLO, Limit                | Bain Capital Credit CLO 2021-3 Ltd.                                 | CUSIP: 05683NAG7<br>LEI: 254900XV68IP5ZAT0548 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $963375.20    | 0.20%             | 2034-07-24      | Floating      | 7.03%                 | Yes           | 2                  | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 2019-2 Ltd.                                           | CUSIP: 05875MBK7<br>LEI: 254900IF22Z7SA13VI60 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $985383.10    | 0.21%             | 2038-10-25      | Floating      | 6.37%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO XXII Ltd.                                      | CUSIP: 64131CAG6<br>LEI: 549300FFV1EYI8ON7P41 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2038-04-15      | Floating      | 10.50%                | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO XVI-S Ltd.                                     | CUSIP: 64131TBG8<br>LEI: 549300UHUHCR3388B324 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $986218.80    | 0.21%             | 2039-04-15      | Floating      | 6.37%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 41 Ltd.                          | CUSIP: 64134BAQ3<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $493549.35    | 0.10%             | 2034-04-15      | Floating      | 6.47%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers Clo 62 Ltd.                          | CUSIP: 64136HAC9<br>LEI: 254900SRG89PQ23CS052 | Long             | ABS-CBDO         | CORP              | KY        |   3933000 | PA      | $3093920.01   | 0.65%             | 2039-10-17      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| New Mountain CLO 1 Ltd                        | New Mountain CLO 1 Ltd.                                             | CUSIP: 64755RBJ1<br>LEI: 5493000BYT2KQ1EMLL07 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497905.60    | 0.10%             | 2038-01-15      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 9 Ltd.                                             | CUSIP: 64755XAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250000.00    | 0.05%             | 2039-04-22      | Floating      | 9.01%                 | Yes           | 2                  | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 9 Ltd.                                             | CUSIP: 64755YAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2039-04-22      | Floating      | 6.51%                 | Yes           | 2                  | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 6 Ltd.                                             | CUSIP: 647908AG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999055.20    | 0.21%             | 2037-10-15      | Floating      | 6.77%                 | Yes           | 2                  | On Loan: No      |
| OHA Credit Partners Ltd                       | OHA Credit Partners XII Ltd.                                        | CUSIP: 67110BAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $491767.05    | 0.10%             | 2037-04-23      | Floating      | 9.92%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2025-2 DAC                      | CUSIP: BCC3M6M36<br>LEI: 254900595EZPT26ANZ17 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $1858138.23   | 0.39%             | 2035-02-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| AUDAX SUMMIT SPINE REVOLVER   /               | AUDAX SUMMIT SPINE REVOLVER   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24876 | PA      | $24713.93     | 0.01%             | 2028-03-18      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| AUDAX SUMMIT SPINE Surgincal Center TL   /    | AUDAX SUMMIT SPINE Surgincal Center TL   /                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2728657 | PA      | $2710920.43   | 0.57%             | 2028-03-18      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| Magdalena                                     | Magdalena 12 Fondo de Titulizacion                                  | CUSIP: 999999999<br>LEI: 9845005C1F6CC38CAA33 | Long             | ABS-CBDO         | CORP              | ES        |   5200000 | PA      | $6066949.14   | 1.27%             | 2039-12-31      | Floating      | 9.03%                 | No            | 3                  | On Loan: No      |
| LEGO 2023-1 B VAR RT 6/25/2035   /            | LEGO 2023-1 B VAR RT 6/25/2035   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | DK        |  30901617 | PA      | $4784454.68   | 1.00%             | 2035-06-25      | Variable      | 8.64%                 | No            | 3                  | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 2019-2 Ltd.                                           | CUSIP: 05875MBM3<br>LEI: 254900IF22Z7SA13VI60 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245495.50    | 0.05%             | 2038-10-25      | Floating      | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 17 Ltd.                                               | CUSIP: 05876LAU7<br>LEI: 254900J6ILFT5YJVHO91 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492737.50    | 0.10%             | 2038-10-20      | Floating      | 6.37%                 | Yes           | 2                  | On Loan: No      |
| AUDAX DLS FUND LJ PARETO LP EQUITY   /        | AUDAX DLS FUND LJ PARETO LP EQUITY   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $184049.07    | 0.04%             |  |  |  | No            | 3                  | On Loan: No      |
| BSTS 6 CLN MTG VAR  06/26/2045   /            | BSTS 6 CLN MTG VAR  06/26/2045   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   3500000 | PA      | $4037754.85   | 0.84%             | 2045-06-26      | Variable      | 8.81%                 | No            | 3                  | On Loan: No      |
| LBBW 2025-1 LION MEZ VAR RT 10/30/2037   /    | LBBW 2025-1 LION MEZ VAR RT 10/30/2037   /                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   3600000 | PA      | $4149170.60   | 0.87%             | 2037-10-30      | Variable      | 9.38%                 | No            | 3                  | On Loan: No      |
| LNRDO 2025-1 B MTGE 12/17/2025   /            | LNRDO 2025-1 B MTGE 12/17/2025   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   3500000 | PA      | $4630469.89   | 0.97%             | 2032-04-22      | Variable      | 11.23%                | No            | 3                  | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 17 Ltd.                                               | CUSIP: 05876LAW3<br>LEI: 254900J6ILFT5YJVHO91 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245523.25    | 0.05%             | 2038-10-20      | Floating      | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 17 Ltd.                                               | CUSIP: 05876MAE1<br>LEI: 254900J6ILFT5YJVHO91 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $238044.98    | 0.05%             | 2038-10-20      | Floating      | 9.77%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2025-2 DAC                               | CUSIP: BCC3MHY21<br>LEI: 254900W87JZZIIW4U960 | Long             | ABS-CBDO         | CORP              | IE        |    475000 | PA      | $546941.31    | 0.11%             | 2038-07-15      | Floating      | 10.19%                | No            | 2                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2025-2 DAC                               | CUSIP: 999999999<br>LEI: 254900W87JZZIIW4U960 | Long             | ABS-CBDO         | CORP              | IE        |   1500000 | PA      | $1371121.01   | 0.29%             | 2038-07-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2025-3 DAC                      | CUSIP: 999999999<br>LEI: 254900VGFCQBASWATQ78 | Long             | ABS-CBDO         | CORP              | IE        |   1250000 | PA      | $1448092.20   | 0.30%             | 2035-07-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Arini European CLO                            | Arini European Clo VII DAC                                          | CUSIP: 999999999<br>LEI: 635400HLOZDFMPWGCW53 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $887674.06    | 0.19%             | 2039-01-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European Clo 2026-1 DAC                               | CUSIP: 999999999<br>LEI: 2549002V0JZ1DJI63P65 | Long             | ABS-CBDO         | CORP              | IE        |   1750000 | PA      | $2022653.72   | 0.42%             | 2039-04-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| MARCELLO SPV SRL VAR 05/29/2047   /           | MARCELLO SPV SRL VAR 05/29/2047   /                                 | CUSIP: BCC3TQHW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   4199000 | PA      | $4853213.13   | 1.01%             | 2047-05-29      | Variable      | 9.43%                 | No            | 3                  | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XXIII Ltd.                              | CUSIP: 08186XAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $496034.10    | 0.10%             | 2034-04-25      | Floating      | 8.92%                 | Yes           | 2                  | On Loan: No      |
| Bluemountain CLO Ltd                          | BlueMountain CLO XXX Ltd.                                           | CUSIP: 09630QAS0<br>LEI: 5493002GUQ80FGGGNP40 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495428.40    | 0.10%             | 2035-04-15      | Floating      | 6.97%                 | Yes           | 2                  | On Loan: No      |
| BCP SPECIAL OPP LP OFFSHORE FEEDER III   /    | BCP SPECIAL OPP LP OFFSHORE FEEDER III   /                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2058465.08   | 0.43%             |  |  |  | No            | N/A                | On Loan: No      |
| CARDINAL PARENT INC                           | Cardinal Parent, Inc.                                               | CUSIP: 14153EAC9<br>LEI: 5493009YXQNPN3HQQH84 | Long             | LON              | CORP              | US        |   1956358 | PA      | $1824303.39   | 0.38%             | 2027-11-12      | Floating      | 8.95%                 | No            | 2                  | On Loan: No      |
| FLORIDA FOODS PRODUCTS                        | Florida Food Products LLC                                           | CUSIP: 34068GAD4<br>LEI: 254900J6FNIX7DTKUV52 | Long             | LON              | CORP              | US        |    490450 | PA      | $347400.46    | 0.07%             | 2028-10-18      | Floating      | 9.59%                 | No            | 2                  | On Loan: No      |
| FORTNA GROUP INC                              | Fortna Group, Inc.                                                  | CUSIP: 74339YAB8<br>LEI: 254900DCEJ6U69AEM264 | Long             | LON              | CORP              | US        |    532850 | PA      | $290179.34    | 0.06%             | 2029-06-01      | Floating      | 10.08%                | No            | 2                  | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park 2025-27 CLO Ltd.                                        | CUSIP: 11765EAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $494730.80    | 0.10%             | 2038-07-20      | Floating      | 7.97%                 | Yes           | 2                  | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2023-21 Ltd.                                    | CUSIP: 11766BAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $486744.45    | 0.10%             | 2038-10-18      | Floating      | 8.92%                 | Yes           | 2                  | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2023-20 Ltd.                                    | CUSIP: 117919AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $493135.85    | 0.10%             | 2038-04-15      | Floating      | 7.07%                 | Yes           | 2                  | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2020-II Ltd.                                           | CUSIP: 12547JAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $481407.35    | 0.10%             | 2039-04-16      | Floating      | 8.92%                 | Yes           | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 1/21/28   /             | EURO FORWARD CONTRACT 1/21/28   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -880000 | OU      | $-1038618.24  | -0.22%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 1/22/2027   /                | EUR FWD CONTRACT 1/22/2027   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -280000 | OU      | $-327097.71   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 1/24/28   /             | EURO FORWARD CONTRACT 1/24/28   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -40000 | OU      | $-47214.45    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 02/22/2027   /          | EURO FORWARD CONTRACT 02/22/2027   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1486000 | OU      | $-1737900.99  | -0.36%            |  |  |  | No            | 2                  | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2017-IV Ltd.                                           | CUSIP: 12551KAA1<br>LEI: 254900JEH56UBUEZJW15 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497890.15    | 0.10%             | 2030-10-24      | Floating      | 10.03%                | Yes           | 2                  | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle U.S. CLO 2026-2 Ltd.                                        | CUSIP: 142928AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250000.00    | 0.05%             | 2039-04-20      | Floating      | 9.80%                 | Yes           | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 03/13/28   /            | EURO FORWARD CONTRACT 03/13/28   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2336000 | OU      | $-2761654.41  | -0.58%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FORWARD CONTRACT 04/15/26   /             | EUR FORWARD CONTRACT 04/15/26   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    339000 | OU      | $392122.84    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| EUR FORWARD CONTRACT 04/15/26   /             | EUR FORWARD CONTRACT 04/15/26   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -15119000 | OU      | $-17488216.07 | -3.65%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 04/21/2028   /               | EUR FWD CONTRACT 04/21/2028   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -50000 | OU      | $-59184.73    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 4/22/2026   /                | EUR FWD CONTRACT 4/22/2026   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -330000 | OU      | $-381851.63   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 4/22/2027   /                | EUR FWD CONTRACT 4/22/2027   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -340000 | OU      | $-397796.67   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 04/27/2026   /          | EURO FORWARD CONTRACT 04/27/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -200000 | OU      | $-231485.50   | -0.05%            |  |  |  | No            | 2                  | On Loan: No      |
| TCW RESCUE FINANCING    /                     | TCW RESCUE FINANCING    /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $4289705.65   | 0.89%             |  |  |  | No            | N/A                | On Loan: No      |
| TCW SUGAR CREEK PACKING Co. TL   /            | TCW SUGAR CREEK PACKING Co. TL   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5021325 | PA      | $4812873.86   | 1.00%             | 2031-01-09      | Variable      | 12.43%                | No            | 3                  | On Loan: No      |
| TCW DOREL TERM LOAN   /                       | TCW DOREL TERM LOAN   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4987589 | PA      | $4688758.08   | 0.98%             | 2030-09-29      | Fixed         | 12.19%                | No            | 3                  | On Loan: No      |
| USN GloNeph TL MATURITY 12/21/26   /          | USN GloNeph TL MATURITY 12/21/26   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2456250 | PA      | $2456250.00   | 0.51%             | 2026-12-21      | Variable      | 9.52%                 | No            | 3                  | On Loan: No      |
| WHWK DIP A1 INT DIP  12/31/2026   /           | WHWK DIP A1 INT DIP  12/31/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    926947 | PA      | $926947.42    | 0.19%             | 2026-12-31      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| WHWK A2 BRIDGE BRIDGE 10/31/2026   /          | WHWK A2 BRIDGE BRIDGE 10/31/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    276694 | PA      | $276693.90    | 0.06%             | 2026-10-31      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| WHWK DIP A2 INT DIP  12/31/2026   /           | WHWK DIP A2 INT DIP  12/31/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1125575 | PA      | $1125574.83   | 0.23%             | 2026-12-31      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| RESOLUTE INVESMENT MANA                       | Resolute Investment Managers, Inc.                                  | CUSIP: 04635WAL8<br>LEI: 5493000DRVCSZDWGPC49 | Long             | LON              | CORP              | US        |   4983959 | PA      | $3999627.20   | 0.83%             | 2027-04-30      | Floating      | 10.76%                | No            | 2                  | On Loan: No      |
| IVANTI SOFTWARE INC                           | Ivanti Software, Inc.                                               | CUSIP: 46583DAH2<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |   1096349 | PA      | $744064.95    | 0.16%             | 2029-06-01      | Floating      | 8.64%                 | No            | 3                  | On Loan: No      |
| WHWK RETAINED FILO BRIDGE 10/31/2026   /      | WHWK RETAINED FILO BRIDGE 10/31/2026   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     75729 | PA      | $75728.77     | 0.02%             | 2026-10-31      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| WHITEHAWK IV PLUS    /                        | WHITEHAWK IV PLUS    /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $2440185.91   | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| Verdelite Static CLO Ltd                      | Verdelite Static CLO 2024-1 Ltd.                                    | CUSIP: 92338VAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $501687.20    | 0.10%             | 2032-07-20      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2015-3 Ltd.                                                | CUSIP: 92913UBS4<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500541.00    | 0.10%             | 2031-10-20      | Floating      | 6.57%                 | Yes           | 2                  | On Loan: No      |
| BLUE TORCH OFFSHORE CREDIT OPP FUND IV L   /  | BLUE TORCH OFFSHORE CREDIT OPP FUND IV L   /                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | RF                | US        |         1 | NS      | $1800000.00   | 0.38%             |  |  |  | No            | N/A                | On Loan: No      |
| CB_Buyer_DDTL_7/1/31 DELAYED DRAW   /         | CB_Buyer_DDTL_7/1/31 DELAYED DRAW   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    677089 | PA      | $670318.06    | 0.14%             | 2031-07-01      | None          | 1.00%                 | No            | 3                  | On Loan: No      |
| CB_Buyer_RCF_7/1/31 REVOLVER   /              | CB_Buyer_RCF_7/1/31 REVOLVER   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    394750 | PA      | $390802.50    | 0.08%             | 2031-07-01      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| CB_Buyer_TL_7/1/31 TERM LOAN   /              | CB_Buyer_TL_7/1/31 TERM LOAN   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3880916 | PA      | $3842107.34   | 0.80%             | 2031-07-01      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| CIRE ALTO OpCo LLC TL 11/29/2024   /          | CIRE ALTO OpCo LLC TL 11/29/2024   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    198549 | PA      | $194756.83    | 0.04%             | 2026-06-30      | Variable      | 24.09%                | No            | 3                  | On Loan: No      |
| CPC CIRTEC HOLDINGS TL 1/30/29   /            | CPC CIRTEC HOLDINGS TL 1/30/29   /                                  | CUSIP: 12652MAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    972500 | PA      | $965692.50    | 0.20%             | 2029-01-30      | Variable      | 8.67%                 | No            | 3                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2017-3 Ltd.                                                | CUSIP: 92915QBN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998093.70    | 0.21%             | 2034-04-20      | Floating      | 6.77%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2017-1 Ltd.                                                | CUSIP: 92916MAD3<br>LEI: 54930054YW6PM1FPVU95 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501299.10    | 0.10%             | 2030-04-17      | Floating      | 7.26%                 | Yes           | 2                  | On Loan: No      |
| CCLF SPV LLC CLO EQUITY 4/29/34   /           | CCLF SPV LLC CLO EQUITY 4/29/34   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1344500 | PA      | $1418256.43   | 0.30%             | 2034-04-29      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| DENTIVE TL 12/23/28 TERM LOAN   /             | DENTIVE TL 12/23/28 TERM LOAN   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    284137 | PA      | $273993.09    | 0.06%             | 2028-12-23      | Variable      | 10.45%                | No            | 3                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2013-1 Ltd.                                                | CUSIP: 92917CAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501301.45    | 0.10%             | 2030-10-15      | Floating      | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2018-2 Ltd.                                                | CUSIP: 92917JAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250939.85    | 0.05%             | 2031-07-15      | Floating      | 6.68%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2019-1 Ltd.                                                | CUSIP: 92917NBC1<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2037-10-15      | Floating      | 6.72%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2019-2 Ltd.                                                | CUSIP: 92917RAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $496169.20    | 0.10%             | 2032-07-20      | Floating      | 7.63%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-3 Ltd.                                                | CUSIP: 92918NAY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499684.30    | 0.10%             | 2038-01-20      | Floating      | 4.92%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-3 Ltd.                                                | CUSIP: 92918NBE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $493289.80    | 0.10%             | 2038-01-20      | Floating      | 6.37%                 | Yes           | 2                  | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2022-4 Ltd.                                                | CUSIP: 92920MAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492034.40    | 0.10%             | 2037-04-20      | Floating      | 10.37%                | Yes           | 2                  | On Loan: No      |
| Wellington Management CLO                     | Wellington Management CLO 1 Ltd.                                    | CUSIP: 94957JAS3<br>LEI: 213800W7PWM3WCMD7X28 | Long             | ABS-CBDO         | CORP              | JE        |    300000 | PA      | $295744.86    | 0.06%             | 2038-10-20      | Floating      | 7.67%                 | Yes           | 2                  | On Loan: No      |
| DENTIVE TL 12/23/28 DELAYED DRAW TL   /       | DENTIVE TL 12/23/28 DELAYED DRAW TL   /                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    141156 | PA      | $136117.08    | 0.03%             | 2028-12-23      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| Dentive_IncrDDTL 12/26/28   /                 | Dentive_IncrDDTL 12/26/28   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1671213 | PA      | $1611550.87   | 0.34%             | 2028-12-26      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| Whitebox CLO I Ltd                            | Whitebox CLO IV Ltd.                                                | CUSIP: 96467KAU3<br>LEI: 549300SN372GTCE2YI66 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499964.95    | 0.10%             | 2036-04-20      | Floating      | 7.57%                 | Yes           | 2                  | On Loan: No      |
| ABPCI HIGHLAND PARK CLO   /                   | ABPCI HIGHLAND PARK CLO   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5550000 | PA      | $5885220.00   | 1.23%             | 2030-12-23      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| DIGICERT 2ND LIEN   /                         | DIGICERT 2ND LIEN   /                                               | CUSIP: 24022KAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2032961 | PA      | $1570462.44   | 0.33%             | 2029-02-24      | Variable      | 10.67%                | No            | 2                  | On Loan: No      |
| DOREL INDUST CL B WARRANTS 09/30/2032   /     | DOREL INDUST CL B WARRANTS 09/30/2032   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | DE               | CORP              | CA        |     69534 | NC      | $92971.92     | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| DSC MERIDIAN LP    /                          | DSC MERIDIAN LP    /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $7352640.51   | 1.53%             |  |  |  | No            | 3                  | On Loan: No      |
| EURO FORWARD CONTRACT 11/23/26   /            | EURO FORWARD CONTRACT 11/23/26   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -80000 | OU      | $-93254.31    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| ACER TREE CREDIT OPP PARTNERS LP   /          | ACER TREE CREDIT OPP PARTNERS LP   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $8048800.50   | 1.68%             |  |  |  | No            | 3                  | On Loan: No      |
| AUDAX MEDTECH MTS BUYER TL   /                | AUDAX MEDTECH MTS BUYER TL   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2363125 | PA      | $2333585.94   | 0.49%             | 2032-06-03      | Variable      | 8.93%                 | No            | 3                  | On Loan: No      |
| EURO FORWARD CONTRACT 12/23/2026   /          | EURO FORWARD CONTRACT 12/23/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -485000 | OU      | $-565966.43   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO CURRENCY  /                              | EURO CURRENCY  /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | XX        |     47854 | OU      | $55309.93     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| AUDAX NMA HOLDINGS DDTL   /                   | AUDAX NMA HOLDINGS DDTL   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     96331 | PA      | $96475.37     | 0.02%             | 2028-07-07      | Variable      | 8.69%                 | No            | 3                  | On Loan: No      |
| AUDAX NMA HOLDINGS TL   /                     | AUDAX NMA HOLDINGS TL   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2091176 | PA      | $2094313.22   | 0.44%             | 2028-01-02      | Variable      | 8.69%                 | No            | 3                  | On Loan: No      |
| FORTRESS BYOMA Arkas Bidco TL   /             | FORTRESS BYOMA Arkas Bidco TL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5486250 | PA      | $5376525.00   | 1.12%             | 2027-11-17      | Variable      | 9.66%                 | No            | 3                  | On Loan: No      |
| FORTRESS GT INDEPENDENCE TL   /               | FORTRESS GT INDEPENDENCE TL   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4000000 | PA      | $3956626.52   | 0.83%             | 2027-11-18      | Variable      | 8.70%                 | No            | 3                  | On Loan: No      |
| WHITEHAWK C3 RENTALS TERM LOAN 04/22/2027   / | WHITEHAWK C3 RENTALS TERM LOAN 04/22/2027   /                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1964167 | PA      | $1983808.82   | 0.41%             | 2027-04-22      | Variable      | 11.67%                | No            | 3                  | On Loan: No      |
| WHITEHAWK CATALYST TERM LOAN   /              | WHITEHAWK CATALYST TERM LOAN   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9000000 | PA      | $9000000.00   | 1.88%             | 2030-09-17      | Variable      | 11.79%                | No            | 3                  | On Loan: No      |
| Audax-Riccobene Co. RBFD Buyer DDTL   /       | Audax-Riccobene Co. RBFD Buyer DDTL   /                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    279499 | PA      | $277822.33    | 0.06%             | 2028-01-10      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| Palmer Square Capital BDC Inc                 | Palmer Square Capital BDC, Inc.                                     | CUSIP: 69702V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124379 | NS      | $1215182.83   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| WHITEHAWK FAMILY DOL TERM LOAN 07/05/2030   / | WHITEHAWK FAMILY DOL TERM LOAN 07/05/2030   /                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3750000 | PA      | $3750000.00   | 0.78%             | 2028-07-03      | Variable      | 10.16%                | No            | 3                  | On Loan: No      |
| RISKONNECT TL 12/07/28   /                    | RISKONNECT TL 12/07/28   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    962817 | PA      | $955595.62    | 0.20%             | 2028-12-07      | Variable      | 8.49%                 | No            | 2                  | On Loan: No      |
| SEK FORWARD CONTRACT 04/15/26   /             | SEK FORWARD CONTRACT 04/15/26   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | SE        |      4000 | OU      | $422.89       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| SEK FORWARD CONTRACT 04/15/26   /             | SEK FORWARD CONTRACT 04/15/26   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | SE        |  -3154000 | OU      | $-333445.13   | -0.07%            |  |  |  | No            | 2                  | On Loan: No      |
| SEK FORWARD CONTRACT 05/15/2026   /           | SEK FORWARD CONTRACT 05/15/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | SE        |      4000 | OU      | $423.52       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| SEK FORWARD CONTRACT 05/15/2026   /           | SEK FORWARD CONTRACT 05/15/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | SE        |  -5085900 | OU      | $-538491.28   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| SEK FORWARD CONTRACT 06/15/2026   /           | SEK FORWARD CONTRACT 06/15/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | SE        |  -5029600 | OU      | $-533343.44   | -0.11%            |  |  |  | No            | 2                  | On Loan: No      |
| SEER CAPITAL REG CAPITAL RELIEF FUND   /      | SEER CAPITAL REG CAPITAL RELIEF FUND   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $4129064.92   | 0.86%             |  |  |  | No            | N/A                | On Loan: No      |
| SEPRO DDTL DD 7/26/2030   /                   | SEPRO DDTL DD 7/26/2030   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    432836 | PA      | $426516.42    | 0.09%             | 2030-07-26      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| SEPRO HOLDINGS TERM LOAN   /                  | SEPRO HOLDINGS TERM LOAN   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2991978 | PA      | $2948294.72   | 0.61%             | 2030-07-26      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| SFENTA_DDTL 12/31/25   /                      | SFENTA_DDTL 12/31/25   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    340905 | PA      | $340904.95    | 0.07%             | 2028-12-31      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| SFENTA_5th_TL TERM LOAN 3/4/25   /            | SFENTA_5th_TL TERM LOAN 3/4/25   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    763550 | PA      | $763550.12    | 0.16%             | 2028-12-31      | Variable      | 9.67%                 | No            | 3                  | On Loan: No      |
| SILVER POINT LOAN NOTE LLC VIREMAIN   /       | SILVER POINT LOAN NOTE LLC VIREMAIN   /                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1237892 | PA      | $1393749.71   | 0.29%             | 2033-10-20      | None          | 0.00%                 | No            | N/A                | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   /               | UMB MONEY MARKET II SPECIAL   /                                     | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   9149255 | PA      | $9149254.77   | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| SYNAMEDIA AMERICAS HOLDINGS T/L   /           | SYNAMEDIA AMERICAS HOLDINGS T/L   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1089396 | PA      | $1089396.47   | 0.23%             | 2028-12-05      | Variable      | 12.06%                | No            | 3                  | On Loan: No      |
| TANK HOLDING Corp. DELAYED DRAW   /           | TANK HOLDING Corp. DELAYED DRAW   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    295098 | PA      | $265680.71    | 0.06%             | 2029-05-11      | Fixed         | 1.00%                 | No            | 2                  | On Loan: No      |
| TANK HOLDING Corp. REVOLVER   /               | TANK HOLDING Corp. REVOLVER   /                                     | CUSIP: 87583FAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     15409 | PA      | $14021.92     | 0.00%             | 2028-03-31      | Variable      | 11.75%                | No            | 2                  | On Loan: No      |
| TANK HOLDING Corp. TERM LOAN   /              | TANK HOLDING Corp. TERM LOAN   /                                    | CUSIP: 87583FAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1846722 | PA      | $1658596.56   | 0.35%             | 2028-03-31      | Variable      | 9.42%                 | No            | 2                  | On Loan: No      |
| TANK HOLDING Corp. TERM LOAN 5/11/29   /      | TANK HOLDING Corp. TERM LOAN 5/11/29   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    680750 | PA      | $612889.44    | 0.13%             | 2029-05-11      | Variable      | 9.67%                 | No            | 2                  | On Loan: No      |
| FORTRESS G-3 Goodyea Chickadee TL   /         | FORTRESS G-3 Goodyea Chickadee TL   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4968750 | PA      | $4844531.25   | 1.01%             | 2026-10-31      | Variable      | 9.42%                 | No            | 3                  | On Loan: No      |
| FORTRESS JONAH ENERGY TL   /                  | FORTRESS JONAH ENERGY TL   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5000000 | PA      | $4950000.00   | 1.03%             | 2030-03-30      | Variable      | 9.70%                 | No            | 3                  | On Loan: No      |
| FORTRESS BLUE RAVEN RC   /                    | FORTRESS BLUE RAVEN RC   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    215000 | PA      | $172000.00    | 0.04%             | 2031-01-16      | Variable      | 9.67%                 | No            | 3                  | On Loan: No      |
| FORTRESS BLUE RAVEN TL   /                    | FORTRESS BLUE RAVEN TL   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3900000 | PA      | $3822000.00   | 0.80%             | 2032-01-16      | Variable      | 9.67%                 | No            | 3                  | On Loan: No      |
| FORTRESS CREDIT OPP XXVII CLO EQUITY   /      | FORTRESS CREDIT OPP XXVII CLO EQUITY   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5362440 | PA      | $6337331.17   | 1.32%             | 2035-01-28      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| FORTRESS CAPITAL UN VOMELA LLC DDTL UNFN   /  | FORTRESS CAPITAL UN VOMELA LLC DDTL UNFN   /                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    659622 | PA      | $653026.28    | 0.14%             | 2029-12-31      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| Apidos CLO                                    | Apidos CLO XXIII                                                    | CUSIP: 03765YBN3<br>LEI: 635400C39IXGGYE6DH05 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $990360.80    | 0.21%             | 2033-04-15      | Floating      | 6.27%                 | Yes           | 2                  | On Loan: No      |
| FORTRESS CAPITAL VOMELA LLC TL   /            | FORTRESS CAPITAL VOMELA LLC TL   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4918423 | PA      | $4820054.66   | 1.01%             | 2029-12-31      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| TAOGLAS_RC_2/28/29    /                       | TAOGLAS_RC_2/28/29    /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    214991 | PA      | $212862.87    | 0.04%             | 2029-02-28      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| Apidos CLO                                    | Apidos CLO XXVIII                                                   | CUSIP: 03767CAU4<br>LEI: 549300QCAOUF4OXOI275 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $348299.07    | 0.07%             | 2038-10-20      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| ARES CLO Ltd                                  | Ares XXXIX CLO Ltd.                                                 | CUSIP: 04015WBS2<br>LEI: 5493005YAOTYJUJV3S58 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $738894.30    | 0.15%             | 2037-07-18      | Floating      | 6.92%                 | Yes           | 2                  | On Loan: No      |
| TAOGLAS_IRISH_TL 2/28/29   /                  | TAOGLAS_IRISH_TL 2/28/29   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    763421 | PA      | $755863.13    | 0.16%             | 2029-02-28      | Variable      | 10.95%                | No            | 3                  | On Loan: No      |
| TCW Accuray DDTL    /                         | TCW Accuray DDTL    /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    456250 | PA      | $453423.13    | 0.09%             | 2030-06-05      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| EURO FORWARDVIREMAIN CONTRACT  04/22/2026   / | EURO FORWARDVIREMAIN CONTRACT  04/22/2026   /                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -50000 | OU      | $-57856.31    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARDVIREMAIN CONTRACT 06/18/2026   /  | EURO FORWARDVIREMAIN CONTRACT 06/18/2026   /                        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -944000 | OU      | $-1095054.49  | -0.23%            |  |  |  | No            | 2                  | On Loan: No      |
| TCW ACCURAY, Inc. TL   /                      | TCW ACCURAY, Inc. TL   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3169787 | PA      | $2484812.96   | 0.52%             | 2030-06-05      | Variable      | 14.17%                | No            | 3                  | On Loan: No      |
| WHITEHAWK NEPH TERM LOAN   /                  | WHITEHAWK NEPH TERM LOAN   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4702956 | PA      | $4679441.61   | 0.98%             | 2028-01-31      | Variable      | 12.89%                | No            | 3                  | On Loan: No      |
| EURO FORWARD FTPC CONTRACT  7/22/2026   /     | EURO FORWARD FTPC CONTRACT  7/22/2026   /                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -50000 | OU      | $-58062.26    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD FTPC CONTRACT  10/22/2026   /    | EURO FORWARD FTPC CONTRACT  10/22/2026   /                          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -50000 | OU      | $-58216.77    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| WHITEHAWK SHRYNE STIIIZY TERM LOAN   /        | WHITEHAWK SHRYNE STIIIZY TERM LOAN   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8589161 | PA      | $8589160.81   | 1.79%             | 2026-05-26      | Variable      | 14.89%                | No            | 3                  | On Loan: No      |
| WHWK STEW HEA BRIDGE BRIDGE 10/31/2024   /    | WHWK STEW HEA BRIDGE BRIDGE 10/31/2024   /                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    337119 | PA      | $0.00         | 0.00%             | 2026-05-28      | Fixed         | 10.00%                | No            | 3                  | On Loan: No      |
| WHITEHAWK WEST SIDE TERM LOAN 09/03/2027   /  | WHITEHAWK WEST SIDE TERM LOAN 09/03/2027   /                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1497051 | PA      | $1571903.54   | 0.33%             | 2027-09-03      | Variable      | 13.00%                | No            | 3                  | On Loan: No      |
| EURO FORWARD FTPC CONTRACT  11/6/2026   /     | EURO FORWARD FTPC CONTRACT  11/6/2026   /                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1408000 | OU      | $-1640270.37  | -0.34%            |  |  |  | No            | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 45 Senior Loan Fund                                          | CUSIP: 26244MBE1<br>LEI: 54930046L20VLJKPVV31 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501302.45    | 0.10%             | 2030-10-15      | Floating      | 6.72%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 54 Senior Loan Fund                                          | CUSIP: 26244RAD3<br>LEI: 54930064P37IJ78XTR63 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751948.43    | 0.16%             | 2029-10-19      | Floating      | 7.03%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 55 CLO Ltd.                                                  | CUSIP: 26245MAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004019.70   | 0.21%             | 2031-04-15      | Floating      | 6.78%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 30 Senior Loan Fund                                          | CUSIP: 26249BAW1<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501319.45    | 0.10%             | 2028-11-15      | Floating      | 6.51%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 102 CLO Ltd.                                                 | CUSIP: 26253TAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995089.10    | 0.21%             | 2038-10-15      | Floating      | 6.57%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 114 CLO Ltd.                                                 | CUSIP: 26254HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500000.00    | 0.10%             | 2039-04-20      | Floating      | 6.61%                 | Yes           | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 114 CLO Ltd.                                                 | CUSIP: 26254JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492500.00    | 0.10%             | 2039-04-20      | Floating      | 6.63%                 | Yes           | 2                  | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance CLO 2013-1 Ltd.                                         | CUSIP: 27830BBY9<br>LEI: 5493001O5CL3BBUIEH94 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002310.40   | 0.21%             | 2038-10-15      | Floating      | 5.01%                 | Yes           | 2                  | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance CLO 2013-1 Ltd.                                         | CUSIP: 27830BCG7<br>LEI: 5493001O5CL3BBUIEH94 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497740.60    | 0.10%             | 2038-10-15      | Floating      | 6.67%                 | Yes           | 2                  | On Loan: No      |
| 720 East CLO Ltd.                             | 720 East CLO 2023-II Ltd.                                           | CUSIP: 817941AU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $741467.10    | 0.15%             | 2038-10-15      | Floating      | 6.42%                 | Yes           | 2                  | On Loan: No      |
| 720 East CLO Ltd.                             | 720 East CLO 2023-II Ltd.                                           | CUSIP: 817942AE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $241289.75    | 0.05%             | 2038-10-15      | Floating      | 9.17%                 | Yes           | 2                  | On Loan: No      |
| Shackleton CLO LTD                            | Shackleton 2019-XIV Clo Ltd.                                        | CUSIP: 81880YAJ9<br>LEI: 549300HOHPZON6E4VH77 | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $556576.80    | 0.12%             | 2034-07-20      | Floating      | 9.57%                 | Yes           | 2                  | On Loan: No      |
| Silver Point CLO, Ltd                         | Silver Point CLO 12 Ltd.                                            | CUSIP: 82809MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499687.50    | 0.10%             | 2038-10-15      | Floating      | 5.29%                 | Yes           | 2                  | On Loan: No      |
| Trestles CLO LTD                              | Trestles CLO VI Ltd.                                                | CUSIP: 894940AQ8<br>LEI: 254900837GHK5VH7YU15 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $748754.85    | 0.16%             | 2038-04-25      | Floating      | 4.85%                 | Yes           | 2                  | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XV Ltd.                                                | CUSIP: 89642BAA0<br>LEI: 254900ZVDNHQAUJNHH42 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $220625.10    | 0.05%             | 2034-04-22      | Floating      | 11.38%                | Yes           | 2                  | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXXIV Ltd.                                             | CUSIP: 89643KAG6<br>LEI: 25490071N57QJLN0S821 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998921.50    | 0.21%             | 2038-04-22      | Floating      | 7.67%                 | Yes           | 2                  | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXXIV Ltd.                                             | CUSIP: 89643LAA7<br>LEI: 25490071N57QJLN0S821 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $481982.80    | 0.10%             | 2038-04-22      | Floating      | 10.83%                | Yes           | 2                  | On Loan: No      |
| Venture CDO Ltd                               | Venture 38 CLO Ltd.                                                 | CUSIP: 92332NBC8<br>LEI: 549300EM6DS6KQH1HN07 | Long             | ABS-CBDO         | CORP              | KY        |    234059 | PA      | $234338.18    | 0.05%             | 2032-07-30      | Floating      | 4.67%                 | Yes           | 2                  | On Loan: No      |
| AUDAX MINDS ASSEMBLY MINDS BUYER 3RD T/L   /  | AUDAX MINDS ASSEMBLY MINDS BUYER 3RD T/L   /                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    460138 | PA      | $457376.83    | 0.10%             | 2028-03-31      | Variable      | 8.95%                 | No            | 3                  | On Loan: No      |
| AUDAX Co.-INVEST TL    /                      | AUDAX Co.-INVEST TL    /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3042220 | PA      | $3023966.75   | 0.63%             | 2026-10-28      | Variable      | 8.70%                 | No            | 3                  | On Loan: No      |
| TCW ACCURAY PENNY PREMIUM WARRANTS   /        | TCW ACCURAY PENNY PREMIUM WARRANTS   /                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     54692 | NC      | $16195.23     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| TCW ACCURAY PENNY PENNY WARRANTS   /          | TCW ACCURAY PENNY PENNY WARRANTS   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     43753 | NC      | $16543.01     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| TCW ACCURAY PENNY SUPERPREMIUMWARRANTS   /    | TCW ACCURAY PENNY SUPERPREMIUMWARRANTS   /                          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     76568 | NC      | $22348.74     | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| TCW ACCURAY PENNY PENNY WARRANTS   /          | TCW ACCURAY PENNY PENNY WARRANTS   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    156188 | NC      | $59054.68     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| TCW ACCURAY PREMIUM PREMIUM WARRANTS   /      | TCW ACCURAY PREMIUM PREMIUM WARRANTS   /                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    429518 | NC      | $117987.31    | 0.02%             |  |  |  | No            | 3                  | On Loan: No      |
| ARBOUR LANE CREDIT OPP FUND IV LP   /         | ARBOUR LANE CREDIT OPP FUND IV LP   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $5922702.78   | 1.24%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES CAPITAL 2023-1 SUBORDINATED NOTE   /     | ARES CAPITAL 2023-1 SUBORDINATED NOTE   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    789072 | PA      | $817589.26    | 0.17%             | 2033-07-11      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| IvantiNewCoTL_6/1/29 TL_06/01/29   /          | IvantiNewCoTL_6/1/29 TL_06/01/29   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79174 | PA      | $79272.51     | 0.02%             | 2029-06-01      | Variable      | 9.64%                 | No            | 2                  | On Loan: No      |
| IVYFERT_INCR DDTL_01/03/29   /                | IVYFERT_INCR DDTL_01/03/29   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1583896 | PA      | $1583896.36   | 0.33%             | 2029-01-03      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| IVYFERT_INCR TL_01/03/29   /                  | IVYFERT_INCR TL_01/03/29   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1315252 | PA      | $1315251.53   | 0.27%             | 2029-01-03      | Variable      | 9.69%                 | No            | 3                  | On Loan: No      |
| KOHLBERG CLO    /                             | KOHLBERG CLO    /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1555916.94   | 0.32%             | 2033-12-28      | None          | 0.00%                 | No            | N/A                | On Loan: No      |
| LINDEN INVESTORS LP    /                      | LINDEN INVESTORS LP    /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $7886654.89   | 1.64%             |  |  |  | No            | 3                  | On Loan: No      |
| APOGEM MCF CLO 12 CLO   /                     | APOGEM MCF CLO 12 CLO   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5640743 | PA      | $6491931.68   | 1.35%             | 2028-02-24      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 64   /     | NEUBERGER BERMAN LOAN ADVISERS CLO 64   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    495000 | PA      | $495000.00    | 0.10%             | 2036-02-29      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| NXT CAPITAL CLO 2026-1 CLO EQUITY   /         | NXT CAPITAL CLO 2026-1 CLO EQUITY   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4163407 | PA      | $4643448.28   | 0.97%             | 2028-06-24      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| OLD ORCHARD CRDIT FUND LP FTPCF   /           | OLD ORCHARD CRDIT FUND LP FTPCF   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3206005.78   | 0.67%             |  |  |  | No            | 3                  | On Loan: No      |
| PHYNET DERMATOLOGY 8TH TL 10/20/2029   /      | PHYNET DERMATOLOGY 8TH TL 10/20/2029   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496120 | PA      | $484957.40    | 0.10%             | 2029-10-20      | Variable      | 10.17%                | No            | 3                  | On Loan: No      |
| PHYNET DERMATOLOGY TL 8/16/24   /             | PHYNET DERMATOLOGY TL 8/16/24   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    997978 | PA      | $975523.31    | 0.20%             | 2029-10-20      | Variable      | 10.17%                | No            | 3                  | On Loan: No      |
| PROJECT LEOPARD HOLDINGS                      | Project Leopard Holdings, Inc.                                      | CUSIP: 74338UAG6<br>LEI: 254900QOZVLO3PEJYN33 | Long             | LON              | CORP              | US        |   2752992 | PA      | $1731631.92   | 0.36%             | 2029-07-20      | Floating      | 9.29%                 | No            | 2                  | On Loan: No      |
| PROTERRA CREDIT 3 LP    /                     | PROTERRA CREDIT 3 LP    /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $3188761.34   | 0.67%             |  |  |  | No            | N/A                | On Loan: No      |
| TCW Co.-Invest TL CONNECT AMERICA   /         | TCW Co.-Invest TL CONNECT AMERICA   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3960000 | PA      | $3817440.00   | 0.80%             | 2028-12-31      | Variable      | 9.45%                 | No            | 3                  | On Loan: No      |
| TCW FROST BUYER DDTL LLC   /                  | TCW FROST BUYER DDTL LLC   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     83662 | PA      | $82992.53     | 0.02%             | 2031-05-06      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| TCW FROST BUYER RC    /                       | TCW FROST BUYER RC    /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    205128 | PA      | $203487.17    | 0.04%             | 2031-05-06      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| TCW FROST BUYER T/L LLC   /                   | TCW FROST BUYER T/L LLC   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2857436 | PA      | $2834576.40   | 0.59%             | 2031-05-06      | Variable      | 8.91%                 | No            | 3                  | On Loan: No      |
| LJ PARETO PARETO BUYER TL   /                 | LJ PARETO PARETO BUYER TL   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6699776 | PA      | $6645507.84   | 1.39%             | 2032-12-12      | Variable      | 8.17%                 | No            | 3                  | On Loan: No      |
| AUDAX KCP SOD UNFUND PURCHASER DDTL   /       | AUDAX KCP SOD UNFUND PURCHASER DDTL   /                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1259648 | PA      | $1253350.13   | 0.26%             | 2032-03-10      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| APD SSC LP EQUITY   /                         | APD SSC LP EQUITY   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $498820.76    | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| AUDAX KCP SOD UNFUND PURCHASER REVUNFND   /   | AUDAX KCP SOD UNFUND PURCHASER REVUNFND   /                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1007719 | PA      | $997641.51    | 0.21%             | 2032-03-10      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| ABPCI Direct Lending Fund CLO                 | ABPCI Direct Lending Fund CLO II LLC                                | CUSIP: 000840AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1246343.25   | 0.26%             | 2037-07-20      | Floating      | 11.17%                | Yes           | 2                  | On Loan: No      |
| ABPCI Direct Lending Fund CLO                 | ABPCI Direct Lending Fund CLO XIX LP                                | CUSIP: 00112CAL2<br>LEI: 984500D9CK69N677EA83 | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2489020.25   | 0.52%             | 2036-10-30      | Floating      | 11.32%                | Yes           | 2                  | On Loan: No      |
| Aimco                                         | AIMCO CLO 10 Ltd.                                                   | CUSIP: 00900UAG9<br>LEI: 5493004I93856WYBB035 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245632.83    | 0.05%             | 2037-07-22      | Floating      | 9.32%                 | Yes           | 2                  | On Loan: No      |
| Alinea CLO LTD                                | Alinea CLO 2018-1 Ltd.                                              | CUSIP: 016269AL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501306.90    | 0.10%             | 2031-07-20      | Floating      | 5.92%                 | Yes           | 2                  | On Loan: No      |
| Anchorage Capital CLO LTD                     | Anchorage Capital Clo 24 Ltd.                                       | CUSIP: 03331GAQ1<br>LEI: 549300X5ZN5RMBYQ2W98 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1002652.10   | 0.21%             | 2037-07-15      | Floating      | 5.10%                 | Yes           | 2                  | On Loan: No      |
| ANTARES LOAN FUNDING CLO EQUITY   /           | ANTARES LOAN FUNDING CLO EQUITY   /                                 | CUSIP: 03690BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $574885.45    | 0.12%             | 2032-02-17      | None          | 0.00%                 | No            | N/A                | On Loan: No      |
| Antares CLO                                   | Antares CLO 2026-1 Ltd.                                             | CUSIP: 03690GAA1<br>LEI: 25490076YIYK8A2W5U10 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3440581.55   | 0.72%             | 2039-04-20      | Floating      | 10.18%                | Yes           | 2                  | On Loan: No      |
| OZLM Ltd                                      | OZLM XXII Ltd.                                                      | CUSIP: 67111VAJ5<br>LEI: 549300SDDOLWC85Q9Q65 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501303.60    | 0.10%             | 2031-01-17      | Floating      | 6.58%                 | Yes           | 2                  | On Loan: No      |
| OZLM Ltd                                      | OZLM XX Ltd.                                                        | CUSIP: 67112MAG0<br>LEI: 549300ROA1URR67W0G46 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501300.00    | 0.10%             | 2031-04-20      | Floating      | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Oaktree CLO Ltd                               | Oaktree CLO 2023-2 Ltd.                                             | CUSIP: 67401QAW6<br>LEI: 254900E6646RC82IR359 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $493240.15    | 0.10%             | 2038-07-20      | Floating      | 8.07%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2025-3 Ltd.                                       | CUSIP: 69704HAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $905703.50    | 0.19%             | 2038-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square Clo 2026-1 Ltd.                                       | CUSIP: 69704LAC1<br>LEI: 254900Y6UZ4R7YTZ7E82 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1916750.20   | 0.40%             | 2039-04-20      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2023-1 Ltd.                                                | CUSIP: 73743CAQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500304.90    | 0.10%             | 2038-10-20      | Floating      | 5.37%                 | Yes           | 2                  | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2023-1 Ltd.                                                | CUSIP: 73743CAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $497563.35    | 0.10%             | 2038-10-20      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2023-1 Ltd.                                                | CUSIP: 73743CAY8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $197786.62    | 0.04%             | 2038-10-20      | Floating      | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2024-1 Ltd.                                                | CUSIP: 73743FAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492041.20    | 0.10%             | 2037-04-20      | Floating      | 10.47%                | Yes           | 2                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2023-1 DAC                               | CUSIP: BCC3JKTZ1<br>LEI: 54930088SCW7OACNS247 | Long             | ABS-CBDO         | CORP              | IE        |    500000 | PA      | $575763.12    | 0.12%             | 2038-01-15      | Floating      | 10.29%                | No            | 2                  | On Loan: No      |
| Pymes Magdalena                               | Fondo de Titulizacion Magdalena 11                                  | CUSIP: BCC3JL3Y0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |   1530109 | PA      | $1776556.88   | 0.37%             | 2054-07-04      | Floating      | 8.53%                 | No            | 3                  | On Loan: No      |
| Post CLO LTD                                  | Post CLO VII Ltd.                                                   | CUSIP: 73743JAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $493730.40    | 0.10%             | 2039-01-20      | Floating      | 9.11%                 | Yes           | 2                  | On Loan: No      |
| Rad CLO Ltd                                   | Rad CLO 15 Ltd.                                                     | CUSIP: 750103AJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002433.60   | 0.21%             | 2040-07-20      | Floating      | 5.03%                 | Yes           | 2                  | On Loan: No      |
| SANTADER CONSUMER FINANCE24-1 12/25/34   /    | SANTADER CONSUMER FINANCE24-1 12/25/34   /                          | CUSIP: BCC3JLXT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | SE        |  11730418 | PA      | $1241774.76   | 0.26%             | 2034-12-25      | Variable      | 8.85%                 | No            | 3                  | On Loan: No      |
| Regatta VII Funding Ltd                       | Regatta VII Funding Ltd.                                            | CUSIP: 75888ABQ8<br>LEI: 549300DA6HSLI0UPTQ25 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000870.30   | 0.21%             | 2034-06-20      | Floating      | 4.76%                 | Yes           | 2                  | On Loan: No      |
| Regatta XVI Funding Ltd.                      | Regatta XVI Funding Ltd.                                            | CUSIP: 75888TBG9<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $983514.90    | 0.21%             | 2039-04-15      | Floating      | 6.30%                 | Yes           | 2                  | On Loan: No      |
| Regatta XXI Funding Ltd                       | Regatta XXI Funding Ltd.                                            | CUSIP: 75889JAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $496504.60    | 0.10%             | 2037-10-15      | Floating      | 6.77%                 | Yes           | 2                  | On Loan: No      |
| Regatta 35 Funding Ltd.                       | Regatta 35 Funding Ltd.                                             | CUSIP: 75903YAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $991908.80    | 0.21%             | 2038-10-15      | Floating      | 6.47%                 | Yes           | 2                  | On Loan: No      |
| Riserva CLO, Ltd.                             | Riserva Clo Ltd.                                                    | CUSIP: 76761RBE8<br>LEI: 549300640C8OB2I8SN35 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $961842.70    | 0.20%             | 2034-01-18      | Floating      | 7.18%                 | Yes           | 2                  | On Loan: No      |
| Sculptor CLO Ltd                              | Sculptor CLO XXIX Ltd.                                              | CUSIP: 81124EAY6<br>LEI: 254900GX0OVY3JW8NA67 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $488275.65    | 0.10%             | 2038-07-22      | Floating      | 8.02%                 | Yes           | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/15/2026   /          | EURO FORWARD CONTRACT 05/15/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    339000 | OU      | $392661.06    | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/15/2026   /          | EURO FORWARD CONTRACT 05/15/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -15119000 | OU      | $-17512219.98 | -3.65%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/21/2027   /          | EURO FORWARD CONTRACT 05/21/2027   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -60000 | OU      | $-70264.05    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/22/2026   /          | EURO FORWARD CONTRACT 05/22/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   1475000 | OU      | $1709053.77   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/22/2026   /          | EURO FORWARD CONTRACT 05/22/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2134000 | OU      | $-2472624.24  | -0.52%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 05/24/27   /            | EURO FORWARD CONTRACT 05/24/27   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -90000 | OU      | $-105406.11   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 06/04/27   /                 | EUR FWD CONTRACT 06/04/27   /                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1976000 | OU      | $-2315058.29  | -0.48%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 06/15/2026   /          | EURO FORWARD CONTRACT 06/15/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -14780000 | OU      | $-17142653.89 | -3.58%            |  |  |  | No            | 2                  | On Loan: No      |
| Fingerpaint_DDTL 12/20/26 DD TL   /           | Fingerpaint_DDTL 12/20/26 DD TL   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    460201 | PA      | $460200.84    | 0.10%             | 2026-12-20      | Variable      | 9.27%                 | No            | 3                  | On Loan: No      |
| Fingerpaint_TL 12/20/26 TERM LOAN   /         | Fingerpaint_TL 12/20/26 TERM LOAN   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    349554 | PA      | $349553.56    | 0.07%             | 2026-12-20      | Variable      | 9.27%                 | No            | 3                  | On Loan: No      |
| GBP FWD CONTRACT 04/15/2026   /               | GBP FWD CONTRACT 04/15/2026   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |    393000 | OU      | $520168.10    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 04/15/2026   /               | GBP FWD CONTRACT 04/15/2026   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -2535000 | OU      | $-3355282.75  | -0.70%            |  |  |  | No            | 2                  | On Loan: No      |
| GBP FORWARD CONTRACT 05/15/2026   /           | GBP FORWARD CONTRACT 05/15/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |     37000 | OU      | $48968.36     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| GBP FORWARD CONTRACT 05/15/2026   /           | GBP FORWARD CONTRACT 05/15/2026   /                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -4101000 | OU      | $-5427546.69  | -1.13%            |  |  |  | No            | 2                  | On Loan: No      |
| GBP FORWARD CONTRACT 6/15/2026   /            | GBP FORWARD CONTRACT 6/15/2026   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -3978000 | OU      | $-5263916.25  | -1.10%            |  |  |  | No            | 2                  | On Loan: No      |
| GUGGENHEIM INV PRIVA DEBT FND IV FEEDER C   / | GUGGENHEIM INV PRIVA DEBT FND IV FEEDER C   /                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1666667 | PA      | $1666666.67   | 0.35%             | 2031-04-30      | Variable      | 10.92%                | No            | 3                  | On Loan: No      |
| GUGGENHEIM INV PRIVA DEBT FND IV LLC D   /    | GUGGENHEIM INV PRIVA DEBT FND IV LLC D   /                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    763889 | PA      | $763888.89    | 0.16%             | 2031-04-30      | Variable      | 11.42%                | No            | 3                  | On Loan: No      |
| IRRADIANT_FRG_SPV FUNDED   /                  | IRRADIANT_FRG_SPV FUNDED   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2818223 | NS      | $163456.93    | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| AUDAX KCP SOD PURCHASER TL   /                | AUDAX KCP SOD PURCHASER TL   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6046312 | PA      | $5985849.05   | 1.25%             | 2032-03-10      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| Craft Ltd                                     | Deutsche Bank A.G./CRAFT                                            | CUSIP: BCC32J802<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |   2323221 | PA      | $2672538.72   | 0.56%             | 2029-02-21      | Floating      | 12.43%                | No            | 3                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    600000 | PA      | $0.00         | 0.00%             | 2032-11-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| ST. LAWRENCE SRT USD CORP.                    | St (*** Please punctuate:  St. or State ***) Lawrence Srt Usd Corp. | CUSIP: 999999999<br>LEI: 254900Q1AXE1IXAJJM39 | Long             | ABS-CBDO         | CORP              | CA        |   3000000 | PA      | $3000261.00   | 0.63%             | 2033-05-25      | Floating      | 13.48%                | No            | 3                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2023-1 DAC                               | CUSIP: 999999999<br>LEI: 54930088SCW7OACNS247 | Long             | ABS-CBDO         | CORP              | IE        |   1050000 | PA      | $613441.99    | 0.13%             | 2038-01-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2023-2 DAC                      | CUSIP: 999999999<br>LEI: 549300XJWVHAIRILDH71 | Long             | ABS-CBDO         | CORP              | IE        |    900000 | PA      | $165707.35    | 0.03%             | 2033-01-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2023-2 DAC                               | CUSIP: 999999999<br>LEI: 549300EVQ1VRDUGS6I93 | Long             | ABS-CBDO         | CORP              | IE        |   1915000 | PA      | $1181454.29   | 0.25%             | 2038-10-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2023-3 DAC                      | CUSIP: BCC3CQ5F5<br>LEI: 54930004WJL9ZPQZOM50 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $857462.67    | 0.18%             | 2033-05-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2024-1 DAC                      | CUSIP: 999999999<br>LEI: 254900S9D49Z2X16W073 | Long             | ABS-CBDO         | CORP              | IE        |   2500000 | PA      | $1920307.73   | 0.40%             | 2033-08-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Ducati 2024-1 CLN VAR 06/20/2030   /          | Ducati 2024-1 CLN VAR 06/20/2030   /                                | CUSIP: BCC3F2FG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   2196220 | PA      | $2557436.78   | 0.53%             | 2030-06-20      | Variable      | 11.12%                | No            | 3                  | On Loan: No      |
| BNP Paribas                                   | BNP Paribas - Broadway                                              | CUSIP: BCC3F4637<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | FR        |    582093 | PA      | $580639.89    | 0.12%             | 2031-04-12      | Floating      | 11.67%                | No            | 3                  | On Loan: No      |
| BANCO SANTANDER TOTT VAR 12/27/2043   /       | BANCO SANTANDER TOTT VAR 12/27/2043   /                             | CUSIP: BCC3FHQ51<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |    752543 | PA      | $882727.43    | 0.18%             | 2043-12-27      | Variable      | 10.05%                | No            | 3                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2024-1 DAC                               | CUSIP: BCC3FQ380<br>LEI: 254900BQYBO0YZH5G587 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $1517980.35   | 0.32%             | 2039-01-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| MESP 2024-1 B MTGE VAR 07/28/2032   /         | MESP 2024-1 B MTGE VAR 07/28/2032   /                               | CUSIP: BCC3G0FW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   2216577 | PA      | $2047434.23   | 0.43%             | 2032-07-28      | Variable      | 13.15%                | No            | 3                  | On Loan: No      |
| LBBW LION-5 MEZ MTGE VAR 07/31/2034   /       | LBBW LION-5 MEZ MTGE VAR 07/31/2034   /                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   1519874 | PA      | $1795217.05   | 0.37%             | 2034-07-31      | Variable      | 11.03%                | No            | 3                  | On Loan: No      |
| COLSS 2024-2 F Mtge VAR RT 05/22/2034   /     | COLSS 2024-2 F Mtge VAR RT 05/22/2034   /                           | CUSIP: BCC3GBMB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   1545396 | PA      | $2094379.24   | 0.44%             | 2034-05-22      | Variable      | 14.95%                | No            | 3                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2024-2 DAC                               | CUSIP: 999999999<br>LEI: 2549001Y8MR5PODEEG55 | Long             | ABS-CBDO         | CORP              | IE        |   2825000 | PA      | $2213626.18   | 0.46%             | 2037-10-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2024-2 DAC                      | CUSIP: 999999999<br>LEI: 254900G4AVDGFB7U1712 | Long             | ABS-CBDO         | CORP              | IE        |   4000000 | PA      | $3138840.96   | 0.65%             | 2034-05-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2024-3 DAC                      | CUSIP: BCC3J2TW8<br>LEI: 254900IYUKLJNYNCCC63 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $1782583.68   | 0.37%             | 2034-05-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2022-18 Ltd.                         | CUSIP: 617924AU9<br>LEI: 549300O0I1STG733YG49 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495084.50    | 0.10%             | 2037-10-20      | Floating      | 6.77%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2023-19 Ltd.                         | CUSIP: 617934AU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498750.00    | 0.10%             | 2038-07-15      | Floating      | 6.67%                 | Yes           | 2                  | On Loan: No      |
| Oaktree CLO Ltd                               | Oaktree CLO 2022-1 Ltd.                                             | CUSIP: 67402NAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $476398.45    | 0.10%             | 2038-07-15      | Floating      | 9.67%                 | Yes           | 2                  | On Loan: No      |
| Octagon Investment Partners XV                | Octagon Investment Partners XVII Ltd.                               | CUSIP: 67590GBQ1<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501283.45    | 0.10%             | 2031-01-25      | Floating      | 6.43%                 | Yes           | 2                  | On Loan: No      |
| Octagon 68 Ltd                                | Octagon 68 Ltd.                                                     | CUSIP: 675950AE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $480489.15    | 0.10%             | 2038-10-20      | Floating      | 9.42%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2024-3 Ltd.                                       | CUSIP: 69688HAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1328956.60   | 0.28%             | 2037-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2024-3 Ltd.                              | CUSIP: 69690RAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $1837206.60   | 0.38%             | 2032-08-08      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2025-4 Ltd.                                       | CUSIP: 696915AC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1453405.95   | 0.30%             | 2038-10-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2025-3 Ltd.                              | CUSIP: 696917AC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2052869.60   | 0.43%             | 2034-01-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2025-5 Ltd.                                       | CUSIP: 696920AC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1270000 | PA      | $1230587.46   | 0.26%             | 2038-10-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2023-4 Ltd.                                       | CUSIP: 696925AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1024007.75   | 0.21%             | 2037-10-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2023-3 Ltd.                                       | CUSIP: 696927AC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $407069.50    | 0.08%             | 2039-01-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2022-4 Ltd.                              | CUSIP: 69702XAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    450000 | PA      | $280592.82    | 0.06%             | 2031-07-24      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2023-2 Ltd.                                       | CUSIP: 69703CAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $295752.15    | 0.06%             | 2038-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2023-1 Ltd.                              | CUSIP: 69703EAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    825000 | PA      | $0.00         | 0.00%             | 2031-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2023-2 Ltd.                              | CUSIP: 69703GAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $319087.00    | 0.07%             | 2032-01-25      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2024-2 Ltd.                              | CUSIP: 69703HAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $1823684.10   | 0.38%             | 2033-01-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2024-1 Ltd.                                       | CUSIP: 69703KAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1540000 | PA      | $877291.95    | 0.18%             | 2037-04-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2024-2 Ltd.                                       | CUSIP: 69703MAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $1797427.20   | 0.37%             | 2037-07-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square Loan Funding Ltd                | Palmer Square Loan Funding 2024-1 Ltd.                              | CUSIP: 69703QAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2510000 | PA      | $1412315.25   | 0.29%             | 2032-10-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO 2025-1 Ltd.                                       | CUSIP: 69703UAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $1888333.65   | 0.39%             | 2038-04-20      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 06/18/26   /            | EURO FORWARD CONTRACT 06/18/26   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    144000 | OU      | $167042.21    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 07/15/2026   /               | EUR FWD CONTRACT 07/15/2026   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -475000 | OU      | $-551430.61   | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 7/22/2026   /                | EUR FWD CONTRACT 7/22/2026   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -350000 | OU      | $-406435.83   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 7/22/2027   /                | EUR FWD CONTRACT 7/22/2027   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -902000 | OU      | $-1058386.20  | -0.22%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 7/30/2027   /                | EUR FWD CONTRACT 7/30/2027   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2584000 | OU      | $-3032778.42  | -0.63%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 08/20/2027   /          | EURO FORWARD CONTRACT 08/20/2027   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1480000 | OU      | $-1738201.76  | -0.36%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 08/21/2026   /          | EURO FORWARD CONTRACT 08/21/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -360000 | OU      | $-418571.61   | -0.09%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 08/24/2026   /          | EURO FORWARD CONTRACT 08/24/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    -70000 | OU      | $-81399.11    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 10/22/2026   /               | EUR FWD CONTRACT 10/22/2026   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -340000 | OU      | $-395874.04   | -0.08%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FWD CONTRACT 10/22/2027   /               | EUR FWD CONTRACT 10/22/2027   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -150000 | OU      | $-176523.20   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 11/06/26   /            | EURO FORWARD CONTRACT 11/06/26   /                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |    368000 | OU      | $428707.03    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 11/20/2026   /          | EURO FORWARD CONTRACT 11/20/2026   /                                | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2710000 | OU      | $-3158647.95  | -0.66%            |  |  |  | No            | 2                  | On Loan: No      |
| ARTS SPV SRL VAR RT11/30/2041   /             | ARTS SPV SRL VAR RT11/30/2041   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IT        |   5000000 | PA      | $5835506.24   | 1.22%             | 2041-11-30      | Variable      | 10.57%                | No            | 3                  | On Loan: No      |
| Audax Private Credit FTPC   /                 | Audax Private Credit FTPC   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |         1 | OU      | $21625180.33  | 4.51%             |  |  |  | No            | N/A                | On Loan: No      |
| Sparta AN Bidco, LLC DDTL 03/13/2031   /      | Sparta AN Bidco, LLC DDTL 03/13/2031   /                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    477273 | PA      | $473096.59    | 0.10%             | 2031-03-13      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| Sparta AN Bidco, LLC RC 06/31/2031   /        | Sparta AN Bidco, LLC RC 06/31/2031   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     47727 | PA      | $46892.04     | 0.01%             | 2031-03-13      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| Sparta AN Bidco, LLC RC 06/31/2031   /        | Sparta AN Bidco, LLC RC 06/31/2031   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    270455 | PA      | $265721.59    | 0.06%             | 2031-03-13      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| Sparta AN Bidco, LLC TL 3/13/2031   /         | Sparta AN Bidco, LLC TL 3/13/2031   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4454545 | PA      | $4376590.90   | 0.91%             | 2031-03-31      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| LJ PARETO UNFUND PARETO BUYER DDTL   /        | LJ PARETO UNFUND PARETO BUYER DDTL   /                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1869705 | PA      | $1863160.97   | 0.39%             | 2032-12-12      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| LJ PARETO UNFUND PARETO BUYER REVUNFN   /     | LJ PARETO UNFUND PARETO BUYER REVUNFN   /                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1246470 | PA      | $1236373.55   | 0.26%             | 2032-12-12      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| LLOYDS BANK PLC 12/16/2030   /                | LLOYDS BANK PLC 12/16/2030   /                                      | CUSIP: BCC3JSBM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   2321578 | PA      | $3075378.90   | 0.64%             | 2030-12-16      | Variable      | 8.23%                 | No            | 3                  | On Loan: No      |
| LLOYDS BANK PLC 12/16/2030   /                | LLOYDS BANK PLC 12/16/2030   /                                      | CUSIP: BCC3JSBN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   2778474 | PA      | $3681318.33   | 0.77%             | 2030-12-16      | Variable      | 11.08%                | No            | 3                  | On Loan: No      |
| LBBW LION-6 SNR 10/30/2036   /                | LBBW LION-6 SNR 10/30/2036   /                                      | CUSIP: BCC3JWDF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   3324726 | PA      | $3847524.42   | 0.80%             | 2036-10-30      | Variable      | 9.68%                 | No            | 3                  | On Loan: No      |
| Palmer Square European CLO                    | Palmer Square European CLO 2025-1 DAC                               | CUSIP: 999999999<br>LEI: 2549005G74H3SLK9WL32 | Long             | ABS-CBDO         | CORP              | IE        |   1250000 | PA      | $1109363.30   | 0.23%             | 2039-10-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| GRANVILLE USD Ltd. VAR RT 02/15/2030   /      | GRANVILLE USD Ltd. VAR RT 02/15/2030   /                            | CUSIP: BCC3KJ828<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4880095.00   | 1.02%             | 2030-02-15      | Variable      | 10.13%                | No            | 3                  | On Loan: No      |
| Palmer Square European Loan Fu                | Palmer Square European Loan Funding 2025-1 DAC                      | CUSIP: BCC3KWHS2<br>LEI: 254900YQGLL0XDHT7334 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $814757.98    | 0.17%             | 2034-10-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| GREGORY SPV SRL VAR RT12/30/2045   /          | GREGORY SPV SRL VAR RT12/30/2045   /                                | CUSIP: BCC3LJFB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   6513600 | PA      | $7525187.98   | 1.57%             | 2045-12-30      | Variable      | 9.87%                 | No            | 3                  | On Loan: No      |
| Deutsche Bank AG                              | Deutsche Bank A.G./GATE 2025-1                                      | CUSIP: BCC3LQKC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |   1980000 | PA      | $2272818.93   | 0.47%             | 2035-10-25      | Floating      | 11.53%                | No            | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** First Trust Private Credit Fund

**Signature:** /s/ Michael D. Peck

**Name of Signer:** Michael D. Peck

**Title:** President