# EDGAR Filing Document

**Accession Number:** 0001703079
**File Stem:** 0001703079-25-000008
**Filing Date:** 2025-11
**Character Count:** 212073
**Document Hash:** 9c98d434b5d1fbd463b0ec00d87ace34
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001703079-25-000008.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001703079-25-000008

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XAI Octagon Floating Rate & Alternative Income Trust
- **CENTRAL INDEX KEY:** 0001703079

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23247
- **FILM NUMBER:** 251527606

**BUSINESS ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
- **BUSINESS PHONE:** (312) 374-6930

**MAIL ADDRESS:**
- **STREET 1:** 321 NORTH CLARK STREET #2430
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate & Alternative Income Term Trust
- **DATE OF NAME CHANGE:** 20170901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Alternative Income Term Trust
- **DATE OF NAME CHANGE:** 20170714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XAI Octagon Floating Rate Income & Credit Alternative Trust
- **DATE OF NAME CHANGE:** 20170406

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST

- **b. Investment Company Act file number:** 811-23247

- **c. CIK number of Registrant:** 0001703079

- **d. LEI of Registrant:** 549300XT617P63BLW552

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

  - **Street Address 1:** 321 NORTH CLARK STREET #2430

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60654

  - **Telephone number:** 3123746930

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

- **a. Name of Series:** XAI Octagon Floating Rate & Alternative Income Trust

- **c. LEI of Series:** 549300XT617P63BLW552

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $742311511.06

**Total Liabilities:** $297062630.73

**Net Assets:** $445248880.33

**Delayed Delivery Securities:** $1184212.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 27.61669522 | **1-Year:** 14964.89249304 | **5-Year:** 98459.40881887 | **10-Year:** 58398.37952189 | **30-Year:** 4541.44718024

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.00%                | 0.90%                | -3.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $149987.24               | $6249947.56                                |
| Month 2  | $-8361345.27             | $-1828754.32                               |
| Month 3  | $-2212590.17             | $-3412908.34                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Varsity Brands 9/25 Cov-Lite TL                    | Varsity Brands 9/25 Cov-Lite TL                    | CUSIP: 92227QAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2322473 | PA      | $2321312.03   | 0.52%             | 2031-08-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| AkzoNobel Specialty Chemical 10/24 Incremental TLB | AkzoNobel Specialty Chemical 10/24 Incremental TLB | CUSIP: N8232NAM9<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    599577 | PA      | $599204.84    | 0.13%             | 2028-04-03      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network 1/25 Cov-Lite TLB                | Blackhawk Network 1/25 Cov-Lite TLB                | CUSIP: 09238FAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2293440 | PA      | $2300251.33   | 0.52%             | 2029-03-12      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Amex GBT 1/25 Cov-Lite TLB                         | Amex GBT 1/25 Cov-Lite TLB                         | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1680619 | PA      | $1683576.48   | 0.38%             | 2031-07-25      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Summit Behavioral 8/25 Second Out TL               | Summit Behavioral 8/25 Second Out TL               | CUSIP: 86602KAJ5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1050698 | PA      | $919360.74    | 0.21%             | 2029-12-31      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Clear Channel 3/24 TLB                             | Clear Channel 3/24 TLB                             | CUSIP: 18452RAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250000 | PA      | $1250937.50   | 0.28%             | 2028-08-21      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Euro Garages/EG Group 7/25 TL                      | Euro Garages/EG Group 7/25 TL                      | CUSIP: N2820EAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1461192 | PA      | $1467972.42   | 0.33%             | 2028-02-07      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-5A SUB                                   | CUSIP: 12555GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1938438 | PA      | $1155523.25   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                             | FERTITTA ENT LLC FRTITA 6 3/4 01/15/30             | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    328000 | PA      | $306712.80    | 0.07%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Garda World 1/25 Cov-Lite TLB                      | Garda World 1/25 Cov-Lite TLB                      | CUSIP: C4000KAG9<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1416425 | PA      | $1416071.06   | 0.32%             | 2029-02-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-2A ERR                                   | CUSIP: 12554FAJ0<br>LEI: 254900JI8OLAMXS6KW67 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1499863.35   | 0.34%             | 2038-10-17      | Floating      | 8.99%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2016-21A SUB                                  | CUSIP: 64130YAE4<br>LEI: 549300VBBLOSKH8XQ869 | Long             | ABS-O            | CORP              | KY        |   4425109 | PA      | $2936546.58   | 0.66%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Jostens/Champ Acquisition 11/24 TLB                | Jostens/Champ Acquisition 11/24 TLB                | CUSIP: 15807EAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    844455 | PA      | $849208.79    | 0.19%             | 2031-11-25      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Signia Aerospace 7/25 Cov-Lite Delayed TL          | Signia Aerospace 7/25 Cov-Lite Delayed TL          | CUSIP: 82670NAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    191150 | PA      | $191150.38    | 0.04%             | 2031-12-11      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Cotiviti 2/25 Incremental Cov-Lite TL              | Cotiviti 2/25 Incremental Cov-Lite TL              | CUSIP: 22164MAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    783819 | PA      | $768793.11    | 0.17%             | 2032-03-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Services 2/25 TLB                | GFL Environmental Services 2/25 TLB                | CUSIP: 36257SAB8<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    686032 | PA      | $685133.43    | 0.15%             | 2032-03-03      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| DISCOVERY PURCHASER CORP                           | DISCOVERY PURCHASER CORPORATION TL 1L              | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |    542639 | PA      | $539475.21    | 0.12%             | 2029-10-04      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2019-13A SUB                                 | CUSIP: 03329CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7000000 | PA      | $3179820.00   | 0.71%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2023-2A ER                                    | CUSIP: 14318HAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004598.40   | 0.45%             | 2038-07-20      | Floating      | 10.07%                | Yes           |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                           | MAJORDRIVE HOLDI CLUCAR 6 3/8 06/01/29             | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |    545000 | PA      | $446900.00    | 0.10%             | 2029-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2021-7A SUB                                   | CUSIP: 12567KAC9<br>LEI: 54930089HD7KU5NUS092 | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $650227.80    | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| INFINITE BIDCO LLC                                 | INFINITE BIDCO LLC TL                              | CUSIP: 45674KAB1<br>LEI: 549300GLV0VRADA9LI65 | Long             | LON              | CORP              | US        |    455712 | PA      | $441758.14    | 0.10%             | 2028-03-02      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                           | MAJORDRIVE HOLDINGS IV, LLC TLB                    | CUSIP: 56085UAB9<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |    245156 | PA      | $238686.69    | 0.05%             | 2028-06-01      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                           | SEAWORLD PARKS SEAS 5 1/4 08/15/29                 | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    600000 | PA      | $590153.13    | 0.13%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Arcis 1/25 Cov-Lite TLB                            | Arcis 1/25 Cov-Lite TLB                            | CUSIP: 03958MAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    256913 | PA      | $257075.14    | 0.06%             | 2028-11-24      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Pregis 5/25 TL                                     | Pregis 5/25 TL                                     | CUSIP: 74045BAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    219055 | PA      | $220424.03    | 0.05%             | 2029-02-01      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Regatta XII Funding Ltd.                           | REG12 2019-1A ERR                                  | CUSIP: 75888LAQ5<br>LEI: 2549001ZYXDVCT6R4I31 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1515929.70   | 0.34%             | 2037-10-15      | Floating      | 11.22%                | Yes           |                  2 | On Loan: No      |
| Ply Gem/Pisces Midco/Cornerstone Bldg Cov-Lite TLB | Ply Gem/Pisces Midco/Cornerstone Bldg Cov-Lite TLB | CUSIP: 72431HAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    297191 | PA      | $269701.25    | 0.06%             | 2031-05-15      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Niagara Park CLO, Ltd.                             | NIAPK 2019-1A SUB                                  | CUSIP: 65357KAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2648000 | PA      | $1496528.59   | 0.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hertz 11/23 Incremental TLB                        | Hertz 11/23 Incremental TLB                        | CUSIP: 42804VBD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24881 | PA      | $22156.59     | 0.00%             | 2028-06-30      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| Hunterstown 10/24 TLB                              | Hunterstown 10/24 TLB                              | CUSIP: 44579UAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    486566 | PA      | $487071.62    | 0.11%             | 2031-11-06      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Kaman/Ruby/Arxis 1/25 Delayed TL                   | Kaman/Ruby/Arxis 1/25 Delayed TL                   | CUSIP: 48354VAN2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    231086 | PA      | $230199.13    | 0.05%             | 2032-02-26      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Berkeley Research/BRG 3/25 Cov-Lite TLB            | Berkeley Research/BRG 3/25 Cov-Lite TLB            | CUSIP: 08436UAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    686521 | PA      | $687187.08    | 0.15%             | 2032-05-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Berlin Packaging 7/25 TL                           | Berlin Packaging 7/25 TL                           | CUSIP: 08511LBD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    253215 | PA      | $253848.35    | 0.06%             | 2031-06-07      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                        | OCP 2024-38A SUB                                   | CUSIP: 67120JAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3665050.00   | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sovos Compliance 7/25 Cov-Lite TLB                 | Sovos Compliance 7/25 Cov-Lite TLB                 | CUSIP: 84611YAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249373 | PA      | $249600.36    | 0.06%             | 2029-08-13      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2021-41A ER                                   | CUSIP: 64134CAL2<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250000.00   | 0.28%             | 2034-04-15      | Floating      | 10.05%                | Yes           |                  2 | On Loan: No      |
| M6 Midstream 3/25 TLB                              | M6 Midstream 3/25 TLB                              | CUSIP: 55285DAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250504 | PA      | $250504.45    | 0.06%             | 2032-04-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Regatta 34 Funding Ltd.                            | REG34 2025-3A E                                    | CUSIP: 75904CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2057077.40   | 0.46%             | 2038-07-20      | Floating      | 10.79%                | Yes           |                  2 | On Loan: No      |
| Sharp 10/24 Cov-Lite TLB                           | Sharp 10/24 Cov-Lite TLB                           | CUSIP: 81989LAF5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    736501 | PA      | $735580.32    | 0.17%             | 2028-12-31      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Icebox Holdco III Inc (DiversiTech Holdings) TL B  | Icebox Holdco III Inc (DiversiTech Holdings) TL B  | CUSIP: 45114NAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1168288 | PA      | $1174293.24   | 0.26%             | 2031-12-22      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Regatta XXII Funding Ltd.                          | REG22 2022-2A ER                                   | CUSIP: 758969AE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1353958.74   | 0.30%             | 2035-07-20      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                        | OCP 2024-36A SUB                                   | CUSIP: 67119VAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   4000000 | PA      | $2952000.00   | 0.66%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Prolamina 3/24 Cov-Lite TL                         | Prolamina 3/24 Cov-Lite TL                         | CUSIP: 74274NAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    357421 | PA      | $358225.31    | 0.08%             | 2028-09-15      | Floating      | 8.27%                 | No            |                  2 | On Loan: No      |
| Ryan 11/23 TL                                      | Ryan 11/23 TL                                      | CUSIP: 78350LAZ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3661017 | PA      | $3665592.90   | 0.82%             | 2030-11-14      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| SciQuest/Jaggaer 7/25 Cov-Lite TL                  | SciQuest/Jaggaer 7/25 Cov-Lite TL                  | CUSIP: 47189BAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1559486 | PA      | $1557208.79   | 0.35%             | 2031-12-05      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Trucordia Insurance 6/25 TLB                       | Trucordia Insurance 6/25 TLB                       | CUSIP: 89783WAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1035613 | PA      | $1036907.96   | 0.23%             | 2032-06-17      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                    | OAKC 2016-13A SUB                                  | CUSIP: 67090VAB7<br>LEI: 549300EX32IF3NZCVL73 | Long             | ABS-O            | CORP              | KY        |   1600000 | PA      | $1017760.00   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Generate CLO Ltd.                                  | GNRT 2024-14A SUB                                  | CUSIP: 37149TAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8000000 | PA      | $3948800.00   | 0.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Garnet CLO Ltd                                     | GARNET 2025-2A E                                   | CUSIP: 36626EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    730000 | PA      | $735272.72    | 0.17%             | 2038-10-20      | Floating      | 9.33%                 | Yes           |                  2 | On Loan: No      |
| Grant Thornton 12/24 Cov-Lite TLB                  | Grant Thornton 12/24 Cov-Lite TLB                  | CUSIP: 38821UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2456443 | PA      | $2439714.24   | 0.55%             | 2031-06-02      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Thompson Park CLO, LTD                             | TPRK 2021-1A SUB                                   | CUSIP: 884886AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2585498.40   | 0.58%             |  |  |  | Yes           |                  2 | On Loan: No      |
| United Talent 6/25 Cov-Lite TLB                    | United Talent 6/25 Cov-Lite TLB                    | CUSIP: 91301QAN7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1410976 | PA      | $1418031.26   | 0.32%             | 2032-06-10      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Liftoff Mobile/Vungle 7/25 TLB                     | Liftoff Mobile/Vungle 7/25 TLB                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    932797 | PA      | $906445.87    | 0.20%             | 2032-09-08      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Project Alpha (Qlik) 11/24 Cov-Lite TLB            | Project Alpha (Qlik) 11/24 Cov-Lite TLB            | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1146714 | PA      | $1149316.57   | 0.26%             | 2030-10-26      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| South Field Energy 9/25 TLC                        | South Field Energy 9/25 TLC                        | CUSIP: 83783XAF3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     85488 | PA      | $85558.98     | 0.02%             | 2031-08-29      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Rosen Group 2/24 TLB                               | Rosen Group 2/24 TLB                               | CUSIP: 91728NAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2012390 | PA      | $2016415.14   | 0.45%             | 2031-03-26      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Belfor 8/25 TLB                                    | Belfor 8/25 TLB                                    | CUSIP: 07768YAS1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1201334 | PA      | $1205094.36   | 0.27%             | 2030-11-01      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Hobbs & Associates/Air Control Concepts 7/24 TLB   | Hobbs & Associates/Air Control Concepts 7/24 TLB   | CUSIP: 43385CAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    676910 | PA      | $676002.52    | 0.15%             | 2031-07-23      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Project Aurora/Spectris 9/25 Cov-Lite TL           | Project Aurora/Spectris 9/25 Cov-Lite TL           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    130675 | PA      | $130838.31    | 0.03%             | 2032-09-24      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| DTZ/Cushman 1/25 Cov-Lite TLB1                     | DTZ/Cushman 1/25 Cov-Lite TLB1                     | CUSIP: 23340DAV4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2030-01-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2020-58A SUB                                  | CUSIP: 04018CAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  12425000 | PA      | $6340785.64   | 1.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Pacific Bells 12/24 Cov-Lite TLB                   | Pacific Bells 12/24 Cov-Lite TLB                   | CUSIP: 69403HAN0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    354137 | PA      | $355316.04    | 0.08%             | 2028-11-13      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                 | HERENS HOLDCO S LNZING 4 3/4 05/15/28              | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    444000 | PA      | $388500.00    | 0.09%             | 2028-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Rent-A-Center/Upbound Group 8/25 TLB               | Rent-A-Center/Upbound Group 8/25 TLB               | CUSIP: 76009WAX8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    824302 | PA      | $822240.85    | 0.18%             | 2032-08-13      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2020-16A SUB                                 | CUSIP: 03330XAC6<br>LEI: 5493008M7D1YIDOH2C69 | Long             | ABS-O            | CORP              | KY        |   3305720 | PA      | $1567526.81   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Restoration Hardware/RH 5/22 Cov-Lite TLB2         | Restoration Hardware/RH 5/22 Cov-Lite TLB2         | CUSIP: 76133MAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    746154 | PA      | $729365.38    | 0.16%             | 2028-10-20      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2022-27A SUB                                   | CUSIP: 08182QAE5<br>LEI: 254900WANE6M5S0NC534 | Long             | ABS-O            | CORP              | JE        |   2250000 | PA      | $2316265.20   | 0.52%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                           | DIG INTL/DIFL US DIGDIF 8 5/8 08/01/32             | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    404000 | PA      | $415493.80    | 0.09%             | 2032-08-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US                      | GLM 2022-12A ER                                    | CUSIP: 38138YAG5<br>LEI: 549300KUSTD1I13BZ897 | Long             | ABS-CBDO         | CORP              | JE        |   1200000 | PA      | $1211473.92   | 0.27%             | 2037-07-20      | Floating      | 10.03%                | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                              | PLMRS 2024-2A SUB                                  | CUSIP: 69703MAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $3090360.00   | 0.69%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Citrin Cooperman 3/25 Cov-Lite Delayed TL          | Citrin Cooperman 3/25 Cov-Lite Delayed TL          | CUSIP: 17737EAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     44112 | PA      | $43877.42     | 0.01%             | 2032-04-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Planet US Buyer/Wood Mackenzie 1/24 Cov-Lite TLB   | Planet US Buyer/Wood Mackenzie 1/24 Cov-Lite TLB   | CUSIP: 72706RAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    342969 | PA      | $344498.35    | 0.08%             | 2031-02-07      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2022-60A ER                                   | CUSIP: 557911AE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250322.25   | 0.28%             | 2037-10-25      | Floating      | 10.82%                | Yes           |                  2 | On Loan: No      |
| Signia Aerospace 7/25 Cov-Lite TL                  | Signia Aerospace 7/25 Cov-Lite TL                  | CUSIP: 82670NAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3042761 | PA      | $3042761.14   | 0.68%             | 2031-12-11      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| OHA Credit Partners Ltd                            | OAKC 2015-11A SUB                                  | CUSIP: 67109HAE1<br>LEI: 549300OYGEU6QQMCEG78 | Long             | ABS-O            | CORP              | KY        |   4003000 | PA      | $2024957.58   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Eisner Advisory/EisnerAmper 2/24 Cov-Lite TLB      | Eisner Advisory/EisnerAmper 2/24 Cov-Lite TLB      | CUSIP: 28259HAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1103765 | PA      | $1109626.18   | 0.25%             | 2031-02-28      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2018-1RA SUB                                 | CUSIP: 03329BAC7<br>LEI: 549300L8BI45FDIJHO17 | Long             | ABS-O            | CORP              | KY        |   4150000 | PA      | $30241.88     | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                               | Ineos US Finance LLC, TLB                          | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    866535 | PA      | $782048.15    | 0.18%             | 2030-02-18      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2017-3A SUB                                   | CUSIP: 12548KAC3<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-O            | CORP              | KY        |   1400000 | PA      | $406812.00    | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2023-63A ER                                   | CUSIP: 55821JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1262729.75   | 0.28%             | 2038-07-21      | Floating      | 10.33%                | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2021-23A ER                                    | CUSIP: 08186XAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1512384.75   | 0.34%             | 2034-04-25      | Floating      | 9.57%                 | Yes           |                  2 | On Loan: No      |
| RR Ltd                                             | RRAM 2021-19A SUB                                  | CUSIP: 74983BAC5<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-O            | CORP              | KY        |   7858000 | PA      | $6163343.72   | 1.38%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2021-25A SUB                                   | CUSIP: 08187AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5250000 | PA      | $4095533.40   | 0.92%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Press Ganey 7/25 Cov-Lite TLB                      | Press Ganey 7/25 Cov-Lite TLB                      | CUSIP: 05477JAE1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1939404 | PA      | $1933353.38   | 0.43%             | 2031-04-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| HERENS US HOLDCO CORP                              | LONZA GROUP AG, TLB                                | CUSIP: L4780EAC8<br>LEI: 549300Y0CIXN5D40L888 | Long             | LON              | CORP              | US        |   1383897 | PA      | $1245687.48   | 0.28%             | 2028-07-03      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| TransDigm 8/25 Cov-Lite TLM                        | TransDigm 8/25 Cov-Lite TLM                        | CUSIP: 89364MCE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    170737 | PA      | $170518.26    | 0.04%             | 2032-08-19      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2020-15A ER2                                 | CUSIP: 03329GAJ1<br>LEI: 549300H5Q0HJ2EHSSX26 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2036902.60   | 0.46%             | 2038-07-20      | Floating      | 10.26%                | Yes           |                  2 | On Loan: No      |
| Patterson Companies 4/25 TL                        | Patterson Companies 4/25 TL                        | CUSIP: 69902BAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    492392 | PA      | $441153.55    | 0.10%             | 2032-04-16      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| RealPage 12/24 Incremental TL                      | RealPage 12/24 Incremental TL                      | CUSIP: 75605VAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1024732 | PA      | $1027293.45   | 0.23%             | 2028-04-24      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Ring Container 9/25 Cov-Lite TLB                   | Ring Container 9/25 Cov-Lite TLB                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    223477 | PA      | $223029.91    | 0.05%             | 2032-09-15      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L                           | Majordrive Holdings IV, LLC TLB 1L                 | CUSIP: 56085UAC7<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |    287801 | PA      | $281325.74    | 0.06%             | 2029-06-01      | Floating      | 9.65%                 | No            |                  2 | On Loan: No      |
| Regatta 33 Funding Ltd.                            | REG33 2025-2A E                                    | CUSIP: 75890CAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    770000 | PA      | $792012.76    | 0.18%             | 2038-07-25      | Floating      | 10.95%                | Yes           |                  2 | On Loan: No      |
| Hanger Orthopedic 10/24 Delayed TL                 | Hanger Orthopedic 10/24 Delayed TL                 | CUSIP: 41043BAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    100913 | PA      | $101064.18    | 0.02%             | 2031-10-23      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lasership 11/24 Third Out TLE                      | Lasership 11/24 Third Out TLE                      | CUSIP: 51809EAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    465412 | PA      | $134192.14    | 0.03%             | 2029-08-10      | Floating      | 12.76%                | No            |                  2 | On Loan: No      |
| VFS Global/Speed Midco 9/25 (USD) Cov-Lite TLB     | VFS Global/Speed Midco 9/25 (USD) Cov-Lite TLB     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    278456 | PA      | $278107.51    | 0.06%             | 2032-09-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ThyssenKrupp Elevator 3/25 (USD) TLB               | ThyssenKrupp Elevator 3/25 (USD) TLB               | CUSIP: D9000BAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2344974 | PA      | $2350086.38   | 0.53%             | 2030-04-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                    | OAKCL 2019-3A ER2                                  | CUSIP: 67400GAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $758348.70    | 0.17%             | 2038-01-20      | Floating      | 11.08%                | Yes           |                  2 | On Loan: No      |
| Symphony CLO Ltd                                   | SYMP 2019-21A ER                                   | CUSIP: 87167CAW9<br>LEI: 5493005CJY0RF4FJJP54 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $981504.80    | 0.22%             | 2032-07-15      | Floating      | 11.18%                | Yes           |                  2 | On Loan: No      |
| Cable & Wireless 1/25 B7 Cov-Lite TLB              | Cable & Wireless 1/25 B7 Cov-Lite TLB              | CUSIP: G7739PAN0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1560360 | PA      | $1543679.44   | 0.35%             | 2032-01-31      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| CCRR Parent/Trustaff 3/21 Cov-Lite TLB             | CCRR Parent/Trustaff 3/21 Cov-Lite TLB             | CUSIP: 12510MAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1120404 | PA      | $347325.26    | 0.08%             | 2028-03-06      | Floating      | 8.71%                 | No            |                  2 | On Loan: No      |
| PUG/Viagogo/StubHub 3/24 Extended TLB              | PUG/Viagogo/StubHub 3/24 Extended TLB              | CUSIP: 74530DAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    944489 | PA      | $934647.88    | 0.21%             | 2030-03-15      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| Entrata 9/25 TL                                    | Entrata 9/25 TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     57889 | PA      | $57961.32     | 0.01%             | 2032-09-20      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Ankura 12/24 Cov-Lite TLB                          | Ankura 12/24 Cov-Lite TLB                          | CUSIP: 03539PAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1607666 | PA      | $1595110.06   | 0.36%             | 2031-12-29      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2022-47A E                                    | CUSIP: 64134TAA9<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002537.50   | 0.23%             | 2035-04-14      | Floating      | 10.57%                | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2018-29A SUB                                  | CUSIP: 55820EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4330700 | PA      | $1771386.22   | 0.40%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2021-23A SUB                                   | CUSIP: 08186XAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $3329900.00   | 0.75%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Regatta XXIV Funding Ltd.                          | REG24 2021-5A SUB                                  | CUSIP: 75889TAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $2778912.50   | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Foundation Building Materials 4/25 Cov-Lite TLB3   | Foundation Building Materials 4/25 Cov-Lite TLB3   | CUSIP: 35039KAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    791026 | PA      | $794134.31    | 0.18%             | 2031-01-29      | Floating      | 11.50%                | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2019-37A SUB                                  | CUSIP: 55817FAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4648815 | PA      | $2320409.52   | 0.52%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS L                           | WEBER-STEPHEN PRODUCTS LLC TLB 1L                  | CUSIP: 94767KAP6<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |    132574 | PA      | $132209.69    | 0.03%             | 2027-10-30      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Hertz 6/21 TLC                                     | Hertz 6/21 TLC                                     | CUSIP: 42804VBC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    164010 | PA      | $146946.42    | 0.03%             | 2028-06-30      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                    | OAKC 2021-9A ER                                    | CUSIP: 67114DAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1013073.60   | 0.23%             | 2037-10-19      | Floating      | 9.83%                 | Yes           |                  2 | On Loan: No      |
| Cast & Crew Ent 12/21 Incremental Cov-Lite TL      | Cast & Crew Ent 12/21 Incremental Cov-Lite TL      | CUSIP: 14835JAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    198069 | PA      | $178293.57    | 0.04%             | 2028-12-29      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2018-2A SUB                                   | CUSIP: 17180YAC5<br>LEI: 635400A7PBKNR7KBOY58 | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $1025937.50   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Regatta XXIV Funding Ltd.                          | REG24 2021-5A ER                                   | CUSIP: 75889TAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996353.00    | 0.22%             | 2038-01-20      | Floating      | 9.48%                 | Yes           |                  2 | On Loan: No      |
| Odyssey Logistics 7/23 TL                          | Odyssey Logistics 7/23 TL                          | CUSIP: 67611YAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    356761 | PA      | $317221.56    | 0.07%             | 2027-10-12      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| June Purchaser/Janney Montgomery 9/24 TLB          | June Purchaser/Janney Montgomery 9/24 TLB          | CUSIP: 48171UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1138224 | PA      | $1141069.71   | 0.26%             | 2031-11-28      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Forward Air 9/23 Cov-Lite TLB                      | Forward Air 9/23 Cov-Lite TLB                      | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1225472 | PA      | $1221893.29   | 0.27%             | 2030-12-19      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Tenneco 11/22 Cov-Lite TLA                         | Tenneco 11/22 Cov-Lite TLA                         | CUSIP: 88037HAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1237300 | PA      | $1207654.07   | 0.27%             | 2028-11-17      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| WideOpenWest 10/24 Super-Senior Second Out TL      | WideOpenWest 10/24 Super-Senior Second Out TL      | CUSIP: 96758DBK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1499379 | PA      | $1379893.15   | 0.31%             | 2028-12-11      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| MATIV HOLDINGS INC                                 | Schweitzer-Mauduit International, Inc. TLB         | CUSIP: 80854EAH1<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |    155960 | PA      | $154399.94    | 0.03%             | 2028-04-20      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2016-20A SUBR                                 | CUSIP: 55819UAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2172000 | PA      | $474799.20    | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                            | DRSLF 2021-87A SUB                                 | CUSIP: 26246HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2831400 | PA      | $1143772.34   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BIFM/Brookfield Global/BGIS 12/24 Cov-Lite TLB     | BIFM/Brookfield Global/BGIS 12/24 Cov-Lite TLB     | CUSIP: G0757GAG7<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |     16793 | PA      | $16835.13     | 0.00%             | 2028-05-31      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Reckitt Essential Home 9/25 (USD) Cov-Lite TL      | Reckitt Essential Home 9/25 (USD) Cov-Lite TL      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    271923 | PA      | $271922.64    | 0.06%             | 2032-09-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Merlin 1/24 (USD) TL                               | Merlin 1/24 (USD) TL                               | CUSIP: L6526BAG9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    994701 | PA      | $889511.07    | 0.20%             | 2029-11-12      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| CONSTANT CONTACT INC                               | Constant Contact 2/21                              | CUSIP: 21031HAC5<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |   1631068 | PA      | $1509243.47   | 0.34%             | 2028-02-10      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| NATEL ENGINEERING CO INC                           | NEO TECHNOLOGY, INC. TLB                           | CUSIP: 63229BAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    498323 | PA      | $473656.14    | 0.11%             | 2026-04-30      | Floating      | 10.52%                | No            |                  2 | On Loan: No      |
| Wasserman Media 6/25 TLB                           | Wasserman Media 6/25 TLB                           | CUSIP: 94105CAL4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    472442 | PA      | $473329.80    | 0.11%             | 2032-06-23      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2014-3RA SUB                                 | CUSIP: 03330BAC4<br>LEI: 549300V7DN3VJ8H1GE96 | Long             | ABS-O            | CORP              | KY        |   1400000 | PA      | $6930.00      | 0.00%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lasership 11/24 Second Out TLB1                    | Lasership 11/24 Second Out TLB1                    | CUSIP: 51809EAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    169671 | PA      | $121173.72    | 0.03%             | 2029-08-10      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| Hilex Poly/Novolex 3/25 Cov-Lite TLB               | Hilex Poly/Novolex 3/25 Cov-Lite TLB               | CUSIP: 18972FAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1120514 | PA      | $1118485.94   | 0.25%             | 2032-04-01      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Citrin Cooperman 3/25 Cov-Lite TLB                 | Citrin Cooperman 3/25 Cov-Lite TLB                 | CUSIP: 17737EAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    683731 | PA      | $680100.03    | 0.15%             | 2032-04-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                                 | WINDR 2018-3A SUB                                  | CUSIP: 88432XAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3000000 | PA      | $237300.00    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2023-32A E                                     | CUSIP: 08181GAA6<br>LEI: 2549003NV71H6I4TDQ63 | Long             | ABS-CBDO         | CORP              | JE        |   2400000 | PA      | $2410680.00   | 0.54%             | 2036-10-25      | Floating      | 11.67%                | Yes           |                  2 | On Loan: No      |
| Beacon Roofing/QXO 4/25 Cov-Lite TLB               | Beacon Roofing/QXO 4/25 Cov-Lite TLB               | CUSIP: 07368RAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    387706 | PA      | $390648.69    | 0.09%             | 2032-04-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| RealPage 2/21 Cov-Lite TL                          | RealPage 2/21 Cov-Lite TL                          | CUSIP: 75605VAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1243540 | PA      | $1240107.89   | 0.28%             | 2028-04-24      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| TRC Companies 1/25 Cov-Lite TLB                    | TRC Companies 1/25 Cov-Lite TLB                    | CUSIP: 29280KAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2088281 | PA      | $2088719.79   | 0.47%             | 2028-12-08      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL TEXTILE 6/23 - EQUITY                | INTERNATIONAL TEXTILE 6/23 - EQUITY                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     20088 | NS      | $71985.35     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Conservice 7/25 Cov-Lite TL                        | Conservice 7/25 Cov-Lite TL                        | CUSIP: 20848PAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1999374 | PA      | $2003532.87   | 0.45%             | 2030-05-13      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2022-47A SUB                                  | CUSIP: 64134TAC5<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-O            | CORP              | KY        |  15000000 | PA      | $8102850.00   | 1.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chamberlain/Chariot Buyer 7/25 TLB                 | Chamberlain/Chariot Buyer 7/25 TLB                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1337325 | PA      | $1337886.54   | 0.30%             | 2032-09-08      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Horizon US Finco/Travel Corp 12/24 Cov-Lite TLB    | Horizon US Finco/Travel Corp 12/24 Cov-Lite TLB    | CUSIP: 44057XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1485759 | PA      | $1454186.17   | 0.33%             | 2031-10-31      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| FOREST CITY ENTERPRISES                            | Forest City Enterprises, L.P. TLB                  | CUSIP: 34555QAF7<br>LEI: 54930078MCT017XXRD21 | Long             | LON              | CORP              | US        |    830957 | PA      | $826685.80    | 0.19%             | 2025-12-08      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-3A ER2                                   | CUSIP: 12554UAG3<br>LEI: 254900SVOWCOSOG16T40 | Long             | ABS-CBDO         | CORP              | KY        |   2750000 | PA      | $2774298.73   | 0.62%             | 2038-01-16      | Floating      | 9.32%                 | Yes           |                  2 | On Loan: No      |
| Driven Performance/Holley Performance 11/21 TL     | Driven Performance/Holley Performance 11/21 TL     | CUSIP: 43538JAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $492500.00    | 0.11%             | 2028-11-17      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Johnstone Supply 12/24 TLB                         | Johnstone Supply 12/24 TLB                         | CUSIP: 47947BAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    465596 | PA      | $464431.65    | 0.10%             | 2031-06-09      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| SYNIVERSE HOLDINGS INC                             | Syniverse Holdings, Inc.TL 1L                      | CUSIP: 87168TAB7<br>LEI: 549300CYZBHMZC8VLL59 | Long             | LON              | CORP              | US        |    627671 | PA      | $608545.84    | 0.14%             | 2027-05-13      | Floating      | 11.00%                | No            |                  2 | On Loan: No      |
| Genesys 1/25 (USD) TL                              | Genesys 1/25 (USD) TL                              | CUSIP: 39479UAY9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1849608 | PA      | $1836124.01   | 0.41%             | 2032-01-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Regatta XXIII Funding Ltd                          | REG23 2021-4A E                                    | CUSIP: 75889GAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2750000 | PA      | $2750815.65   | 0.62%             | 2035-01-20      | Floating      | 11.29%                | Yes           |                  2 | On Loan: No      |
| CHUCK E CHEESE 12/20 - EQUITY                      | CHUCK E CHEESE 12/20 - EQUITY                      | CUSIP: 12515M112<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10454 | NS      | $135902.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Scientific Games/ Light & Wonder 6/24 TLB          | Scientific Games/ Light & Wonder 6/24 TLB          | CUSIP: 80875CAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    498744 | PA      | $494319.86    | 0.11%             | 2029-04-04      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| PERMIAN PRODUCTION 11/20 - EQUITY                  | PERMIAN PRODUCTION 11/20 - EQUITY                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18995 | NS      | $0.19         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SKILLSOFT FINANCE II INC                           | SkillSoft Corporation TLB                          | CUSIP: 83066YAB8<br>LEI: 549300LDUD35NU8F0G43 | Long             | LON              | CORP              | US        |    346827 | PA      | $306942.02    | 0.07%             | 2028-07-14      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2020-3A SUB                                   | CUSIP: 12560GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    150000 | PA      | $85912.50     | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kaseya 3/25 2nd Lien Cov-Lite TL                   | Kaseya 3/25 2nd Lien Cov-Lite TL                   | CUSIP: 48578AAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    644172 | PA      | $643901.23    | 0.14%             | 2033-03-20      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| LCPR LOAN FINANCING LLC                            | LCPR Loan Financing LLC, TLB                       | CUSIP: 50183CAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    558979 | PA      | $319618.58    | 0.07%             | 2028-10-16      | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| Ensemble Health 1/24 TLB                           | Ensemble Health 1/24 TLB                           | CUSIP: 29359BAE1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2298763 | PA      | $2303636.03   | 0.52%             | 2029-08-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| TOPGOLF CALLAWAY BRANDS                            | Topgolf Callaway Brands Corp., TLB                 | CUSIP: 89071LAB6<br>LEI: 5493005UB0KFRKBPCU72 | Long             | LON              | CORP              | US        |   1415011 | PA      | $1397125.39   | 0.31%             | 2030-03-15      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| OVG Business/Oak View Group 5/24 TLB               | OVG Business/Oak View Group 5/24 TLB               | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1522043 | PA      | $1518237.72   | 0.34%             | 2031-06-25      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Paradigm Outcomes 7/25 Cov-Lite TLB                | Paradigm Outcomes 7/25 Cov-Lite TLB                | CUSIP: 69002CAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    590530 | PA      | $592957.20    | 0.13%             | 2031-05-06      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| American Residential 7/25 TLB                      | American Residential 7/25 TLB                      | CUSIP: 02927HAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    399000 | PA      | $397256.37    | 0.09%             | 2032-02-02      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Bettcher Industries 12/21 Cov-Lite TL              | Bettcher Industries 12/21 Cov-Lite TL              | CUSIP: 59010LAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    295631 | PA      | $296369.66    | 0.07%             | 2028-12-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Bass Pro Shops/Great American 1/25 Cov-Lite TLB    | Bass Pro Shops/Great American 1/25 Cov-Lite TLB    | CUSIP: 07014QAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    465032 | PA      | $464450.41    | 0.10%             | 2032-01-23      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| FENDER MUSICAL INSTRUMENTS CORPORATION             | FENDER MUSICAL INSTRUMENTS CORPORATION             | CUSIP: 31446UAN0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    182101 | PA      | $166850.34    | 0.04%             | 2028-12-01      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                             | CANYC 2025-2A E                                    | CUSIP: 13877HAA3<br>LEI: 2549001KZI4SL4Y7BH27 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2014419.20   | 0.45%             | 2038-10-15      | Floating      | 9.34%                 | Yes           |                  2 | On Loan: No      |
| South Field Energy 9/25 TLB                        | South Field Energy 9/25 TLB                        | CUSIP: 83783XAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1329378 | PA      | $1330481.61   | 0.30%             | 2031-08-29      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Regatta XVIII Funding Ltd                          | REG18 2021-1A ER                                   | CUSIP: 75884HAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2550000 | PA      | $2533605.54   | 0.57%             | 2038-04-15      | Floating      | 9.02%                 | Yes           |                  2 | On Loan: No      |
| ADP/CDK Global 5/24 TLB                            | ADP/CDK Global 5/24 TLB                            | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1569753 | PA      | $1354335.93   | 0.30%             | 2029-07-06      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC (McAfee) First Out TL (8/15/24)  | Magenta Buyer LLC (McAfee) First Out TL (8/15/24)  | CUSIP: 55909UAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    247945 | PA      | $202555.94    | 0.05%             | 2028-07-27      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Arsenal WGH/WCG 2/25 Cov-Lite TLB                  | Arsenal WGH/WCG 2/25 Cov-Lite TLB                  | CUSIP: 23343FAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    982854 | PA      | $974185.63    | 0.22%             | 2032-02-25      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2018-1A ER                                    | CUSIP: 17181RAA3<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1758720.78   | 0.39%             | 2038-01-18      | Floating      | 9.58%                 | Yes           |                  2 | On Loan: No      |
| R1 RCM 10/24 Cov-Lite Delayed TL                   | R1 RCM 10/24 Cov-Lite Delayed TL                   | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84441 | PA      | $84388.68     | 0.02%             | 2031-11-19      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Amneal Pharmaceuticals 7/25 TLB                    | Amneal Pharmaceuticals 7/25 TLB                    | CUSIP: 03167DAR5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2935138 | PA      | $2930236.82   | 0.66%             | 2032-08-01      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Intrawest/Alterra 7/25 TL                          | Intrawest/Alterra 7/25 TL                          | CUSIP: 46124CAS6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    392497 | PA      | $392744.28    | 0.09%             | 2030-05-31      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| WestJet Airlines 1/24 TLB                          | WestJet Airlines 1/24 TLB                          | CUSIP: C9763HAB3<br>LEI: N/A                  | Long             | LON              | CORP              | CN        |   1954184 | PA      | $1955239.51   | 0.44%             | 2031-02-14      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Disco Parent/Duck Creek 7/25 Cov-Lite TLB          | Disco Parent/Duck Creek 7/25 Cov-Lite TLB          | CUSIP: 25461GAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     94529 | PA      | $94765.69     | 0.02%             | 2032-08-06      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2021-2A SUB                                   | CUSIP: 12565TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4750000 | PA      | $2436227.50   | 0.55%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rad CLO Ltd                                        | RAD 2021-11A E                                     | CUSIP: 48662PAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1300097.37   | 0.29%             | 2034-04-15      | Floating      | 10.83%                | Yes           |                  2 | On Loan: No      |
| Southern Veterinary/Mission Pet Health 7/25 TL     | Southern Veterinary/Mission Pet Health 7/25 TL     | CUSIP: 84410HAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2230221 | PA      | $2225024.77   | 0.50%             | 2031-12-04      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                        | OCP 2020-8RA SUB                                   | CUSIP: 670899AC7<br>LEI: 254900K70GBA8CMARX66 | Long             | ABS-O            | CORP              | KY        |   5390000 | PA      | $1559704.30   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2017-5A SUB                                   | CUSIP: 12551NAC1<br>LEI: 635400BTAKRBKGRV3X14 | Long             | ABS-O            | CORP              | KY        |   6500000 | PA      | $2210975.00   | 0.50%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BCP Renaissance 11/24 TLB3                         | BCP Renaissance 11/24 TLB3                         | CUSIP: 05549PAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1117475 | PA      | $1118637.29   | 0.25%             | 2028-10-31      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Cornerstone Generation 10/24 TLB                   | Cornerstone Generation 10/24 TLB                   | CUSIP: 21924NAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    562954 | PA      | $566472.73    | 0.13%             | 2032-08-11      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Gentiva Health/Kindred at Home 1/25 Cov-Lite TLB   | Gentiva Health/Kindred at Home 1/25 Cov-Lite TLB   | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2035728 | PA      | $2031392.30   | 0.46%             | 2028-02-11      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS L                           | WEBER-STEPHEN PRODUCTS LLC TLB                     | CUSIP: 94767KAN1<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |    476963 | PA      | $471597.48    | 0.11%             | 2027-10-30      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Rad CLO 12 Ltd                                     | RAD 2021-12A SUB                                   | CUSIP: 75009QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6000000 | PA      | $3483060.00   | 0.78%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Alvogen Pharma 3/25 2nd Lien PIK TL                | Alvogen Pharma 3/25 2nd Lien PIK TL                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    231128 | PA      | $152544.49    | 0.03%             | 2029-03-01      | Floating      | 14.50%                | No            |                  2 | On Loan: No      |
| SolarWinds/Starlight 3/25 Cov-Lite TL              | SolarWinds/Starlight 3/25 Cov-Lite TL              | CUSIP: 85554UAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1314595 | PA      | $1288303.56   | 0.29%             | 2032-04-16      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| AmaWaterways 4/24 TLB                              | AmaWaterways 4/24 TLB                              | CUSIP: 50180PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1643001 | PA      | $1640947.35   | 0.37%             | 2031-05-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Envestnet/BCPE Pequod 9/24 TLB                     | Envestnet/BCPE Pequod 9/24 TLB                     | CUSIP: 05624AAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1832810 | PA      | $1835100.82   | 0.41%             | 2031-11-25      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LIMITED PARTNERSHIP, TL         | ONTARIO GAMING GTA LIMITED PARTNERSHIP, TL         | CUSIP: C6907UAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    544689 | PA      | $530646.70    | 0.12%             | 2030-08-01      | Floating      | 8.24%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                              | SIXST 2024-25A SUB                                 | CUSIP: 83011WAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7000000 | PA      | $4795700.00   | 1.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Victra/LSF9 Atlantis 9/25 TLB                      | Victra/LSF9 Atlantis 9/25 TLB                      | CUSIP: 50226BAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1746664 | PA      | $1747764.39   | 0.39%             | 2029-03-29      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Plusgrade 3/25 Cov-Lite TLB                        | Plusgrade 3/25 Cov-Lite TLB                        | CUSIP: C6902LAE6<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    592218 | PA      | $591477.27    | 0.13%             | 2031-03-03      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Flynn Restaurant 1/25 Incremental TL               | Flynn Restaurant 1/25 Incremental TL               | CUSIP: 34410JAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1336996 | PA      | $1338252.74   | 0.30%             | 2032-01-28      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 25 Ltd                                 | ELM25 2024-1A E                                    | CUSIP: 29001CAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2014687.00   | 0.45%             | 2037-04-17      | Floating      | 9.57%                 | Yes           |                  2 | On Loan: No      |
| Zuora 12/24 Cov-Lite TLB                           | Zuora 12/24 Cov-Lite TLB                           | CUSIP: 98980XAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    255353 | PA      | $253565.96    | 0.06%             | 2032-02-14      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2021-18A SUB                                 | CUSIP: 03331BAG4<br>LEI: 549300JIJ617WYIUFX18 | Long             | ABS-O            | CORP              | KY        |    850000 | PA      | $245097.50    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Closure System/Canister 10/24 Cov-Lite TLB         | Closure System/Canister 10/24 Cov-Lite TLB         | CUSIP: 13763HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     45184 | PA      | $45183.97     | 0.01%             | 2029-03-22      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| CP IRIS HOLDCO I INC                               | CP Iris Holdco I, Inc. TL 1L                       | CUSIP: 12659EAC2<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |    426088 | PA      | $425423.04    | 0.10%             | 2028-10-02      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Promontory Interfinancial/IntraFi Network 1/25 TLB | Promontory Interfinancial/IntraFi Network 1/25 TLB | CUSIP: 65343UAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3606070 | PA      | $3595756.20   | 0.81%             | 2031-07-31      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| AQ Carver Buyer (CoAdvantage) 7/23 T/L             | AQ Carver Buyer (CoAdvantage) 7/23 T/L             | CUSIP: 00226HAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1229029 | PA      | $1167958.68   | 0.26%             | 2029-08-02      | Floating      | 9.60%                 | No            |                  2 | On Loan: No      |
| AkzoNobel Specialty Chem(Starfruit) 10/24 TLB      | AkzoNobel Specialty Chem(Starfruit) 10/24 TLB      | CUSIP: N8232NAL1<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    266071 | PA      | $266238.95    | 0.06%             | 2028-04-03      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Power Solutions 1/25 (USD) Incremental TLB         | Power Solutions 1/25 (USD) Incremental TLB         | CUSIP: C8000CAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1249677 | PA      | $1249289.86   | 0.28%             | 2032-01-28      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                             | CANYC 2020-2A ER2                                  | CUSIP: 13876QAG1<br>LEI: 2549001ZLWJBJYTM8I33 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1489646.85   | 0.33%             | 2034-10-15      | Floating      | 10.07%                | Yes           |                  2 | On Loan: No      |
| Storable 3/25 Cov-Lite TLB                         | Storable 3/25 Cov-Lite TLB                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    750000 | PA      | $751410.00    | 0.17%             | 2031-04-16      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2019-37A ER2                                  | CUSIP: 55817FAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $755106.38    | 0.17%             | 2037-04-15      | Floating      | 10.92%                | Yes           |                  2 | On Loan: No      |
| Aramsco 10/23 TLB                                  | Aramsco 10/23 TLB                                  | CUSIP: 03853CAG0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    370382 | PA      | $266056.74    | 0.06%             | 2030-10-10      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| IMA Financial 11/21 Cov-Lite TL                    | IMA Financial 11/21 Cov-Lite TL                    | CUSIP: 44966KAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1369812 | PA      | $1369812.32   | 0.31%             | 2028-11-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Ultimate Software 1/24 Cov-Lite TLB                | Ultimate Software 1/24 Cov-Lite TLB                | CUSIP: 89841EAB1<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   1011589 | PA      | $1010283.88   | 0.23%             | 2031-02-10      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2024-34A SUB                                   | CUSIP: 081923AC8<br>LEI: 25490002NPB1AZIR3342 | Long             | ABS-O            | CORP              | KY        |   4700000 | PA      | $3656144.10   | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                            | DRSLF 2021-87A ER                                  | CUSIP: 26246HAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1008693.70   | 0.23%             | 2038-08-20      | Floating      | 10.57%                | Yes           |                  2 | On Loan: No      |
| Marine One Holdco, LLC (West Marine) - Equity      | Marine One Holdco, LLC (West Marine) - Equity      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      5865 | NS      | $1466.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                             | FIRST BRANDS GROUP, LLC, TL                        | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1097294 | PA      | $386456.07    | 0.09%             | 2027-03-30      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                             | MINERVA MERGER ATHENA 6 1/2 02/15/30               | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   1411000 | PA      | $1398653.75   | 0.31%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Wash Multifamily 8/25 TLB                          | Wash Multifamily 8/25 TLB                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    297702 | PA      | $298693.84    | 0.07%             | 2032-09-10      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                         | VIASAT, INC., TL                                   | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    896735 | PA      | $883848.44    | 0.20%             | 2029-03-02      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Skechers USA 6/25 (USD) TLB                        | Skechers USA 6/25 (USD) TLB                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    704711 | PA      | $707650.06    | 0.16%             | 2032-06-25      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2022-3A E                                     | CUSIP: 12571HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $852192.24    | 0.19%             | 2035-04-21      | Floating      | 11.60%                | Yes           |                  2 | On Loan: No      |
| Regatta XVIII Funding Ltd                          | REG18 2021-1A SUB                                  | CUSIP: 75884HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7175322 | PA      | $4512291.65   | 1.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SPIN HOLDCO INC                                    | SPIN HOLDCO INC. TL                                | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |   2117487 | PA      | $1765835.57   | 0.40%             | 2028-03-04      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                   | ALTICE FRANCE SFRFP 5 1/2 10/15/29                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    667000 | PA      | $574085.57    | 0.13%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2018-27A ER                                   | CUSIP: 64131UAL5<br>LEI: 549300IWMW28G8CR9G28 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2042696.40   | 0.46%             | 2038-07-15      | Floating      | 11.07%                | Yes           |                  2 | On Loan: No      |
| TRUGREEN LP                                        | TRUGREEN LIMITED PARTNERSHIP TL                    | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |    175480 | PA      | $172043.92    | 0.04%             | 2027-11-02      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| TRUGREEN LP                                        | TRUGREEN LIMITED PARTNERSHIP TL                    | CUSIP: 89787RAK8<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |    125392 | PA      | $112329.78    | 0.03%             | 2028-11-02      | Floating      | 13.07%                | No            |                  2 | On Loan: No      |
| Univar/Windsor 2/25 (USD) TLB                      | Univar/Windsor 2/25 (USD) TLB                      | CUSIP: 97360BAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1324975 | PA      | $1324974.66   | 0.30%             | 2030-08-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                     | APID 2023-45A ER                                   | CUSIP: 037977AG0<br>LEI: 5493000BLHDFQUOR8F12 | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $505427.55    | 0.11%             | 2038-07-26      | Floating      | 9.40%                 | Yes           |                  2 | On Loan: No      |
| INFINITE BIDCO LLC                                 | INFINITE BIDCO LLC TL                              | CUSIP: 45674KAF2<br>LEI: 549300GLV0VRADA9LI65 | Long             | LON              | CORP              | US        |     69869 | PA      | $61659.39     | 0.01%             | 2029-03-02      | Floating      | 11.57%                | No            |                  2 | On Loan: No      |
| Worldwide Express/GlobalTranz 11/24 Cov-Lite TLB   | Worldwide Express/GlobalTranz 11/24 Cov-Lite TLB   | CUSIP: 00435UAF5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1267207 | PA      | $1258932.27   | 0.28%             | 2028-07-26      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio                         | INVESCO TREASURY PORTFOLIO INSTITUTIONAL CLASS     | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |  14894922 | NS      | $14894921.68  | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz 6/21 TLB                                     | Hertz 6/21 TLB                                     | CUSIP: 42804VBB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    835447 | PA      | $748527.06    | 0.17%             | 2028-06-30      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                    | OAKC 2014-10RA SUB                                 | CUSIP: 67106KAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   9091692 | PA      | $4016709.53   | 0.90%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Imperial Bag & Paper/Imperial Dade 2/25 TLB        | Imperial Bag & Paper/Imperial Dade 2/25 TLB        | CUSIP: 05550HAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3903114 | PA      | $3895190.40   | 0.87%             | 2030-12-11      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Endurance Intl/Endure Digital 12/24 COOP TLB       | Endurance Intl/Endure Digital 12/24 COOP TLB       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    648154 | PA      | $460189.07    | 0.10%             | 2028-02-10      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| Trip.com/TripAdvisor 7/24 TLB                      | Trip.com/TripAdvisor 7/24 TLB                      | CUSIP: 89677NAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    156023 | PA      | $152251.52    | 0.03%             | 2031-07-08      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners 1/25 Add-On Cov-Lite TLB  | Focus Financial Partners 1/25 Add-On Cov-Lite TLB  | CUSIP: 34416DBD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1985311 | PA      | $1985509.27   | 0.45%             | 2031-09-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Bayonne Energy 9/25 Cov-Lite TLB                   | Bayonne Energy 9/25 Cov-Lite TLB                   | CUSIP: 07288VAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     81848 | PA      | $81643.05     | 0.02%             | 2032-09-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| June Purchaser/Janney Montgomery 9/24 DTL          | June Purchaser/Janney Montgomery 9/24 DTL          | CUSIP: 48171UAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    190179 | PA      | $190654.92    | 0.04%             | 2031-11-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| R&R Ice Cream/Froneri 7/25 (USD) TL                | R&R Ice Cream/Froneri 7/25 (USD) TL                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |   1875392 | PA      | $1870403.51   | 0.42%             | 2032-07-16      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                              | KKR 2024-60A E                                     | CUSIP: 49835NAA5<br>LEI: 254900MVMXSUCJ0ZEV03 | Long             | ABS-CBDO         | CORP              | KY        |   1325000 | PA      | $1353229.39   | 0.30%             | 2038-01-15      | Floating      | 10.42%                | Yes           |                  2 | On Loan: No      |
| TICP 2020-15A SUB                                  | TICP 2020-15A SUB                                  | CUSIP: 87250TAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  21000000 | PA      | $11754330.00  | 2.64%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Creative Artists 7/25 TL                           | Creative Artists 7/25 TL                           | CUSIP: 22526WAU2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2804246 | PA      | $2807162.03   | 0.63%             | 2031-10-01      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                    | OAKCL 2019-3A SUB                                  | CUSIP: 67400GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2188720.00   | 0.49%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                        | OCP 2022-24A SUB                                   | CUSIP: 67119NAC0<br>LEI: 254900KJTZSIMELS6Y52 | Long             | ABS-O            | CORP              | JE        |   7445299 | PA      | $4576997.56   | 1.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| New Arclin/ARC Falcon 9/21 Cov-Lite TL             | New Arclin/ARC Falcon 9/21 Cov-Lite TL             | CUSIP: 03880YAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    370691 | PA      | $370854.27    | 0.08%             | 2028-09-30      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| Hyperion Insurance/Howden 8/24 TLB                 | Hyperion Insurance/Howden 8/24 TLB                 | CUSIP: G4712JAY8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    437887 | PA      | $437475.57    | 0.10%             | 2030-04-18      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                            | Signature Aviation/BBA Aviation 6/22 TLB2          | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    469197 | PA      | $469961.93    | 0.11%             | 2031-07-01      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2022-50A SUB                                  | CUSIP: 64134WAC8<br>LEI: 549300UMYON6L2REF246 | Long             | ABS-O            | CORP              | JE        |   6500000 | PA      | $3878485.00   | 0.87%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                                 | WINDR 2017-1A ER                                   | CUSIP: 97315XAA1<br>LEI: 254900W8N6WOFX1LSH24 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1492470.60   | 0.34%             | 2036-04-18      | Floating      | 11.65%                | Yes           |                  2 | On Loan: No      |
| New Fortress Energy 2/25 Incremental TLB           | New Fortress Energy 2/25 Incremental TLB           | CUSIP: 64439HAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1396692 | PA      | $671683.06    | 0.15%             | 2028-10-30      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                     | BABSN 2025-4A E                                    | CUSIP: 06764VAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1609237.12   | 0.36%             | 2040-10-15      | Floating      | 8.97%                 | Yes           |                  2 | On Loan: No      |
| UST GLOBAL INC                                     | UST Holdings, Ltd. TL                              | CUSIP: 90355HAB0<br>LEI: 984500398691E4511Z04 | Long             | LON              | CORP              | US        |    326897 | PA      | $323627.65    | 0.07%             | 2028-11-20      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Altera/Gryphon 6/25 Cov-Lite TLB                   | Altera/Gryphon 6/25 Cov-Lite TLB                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1195723 | PA      | $1198341.74   | 0.27%             | 2032-09-10      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Instructure/Icon Parent 8/25 Cov-Lite TL           | Instructure/Icon Parent 8/25 Cov-Lite TL           | CUSIP: 45115DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1655528 | PA      | $1652680.24   | 0.37%             | 2031-11-13      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Tenneco Inc TL B                                   | Tenneco Inc TL B                                   | CUSIP: 88037HAP9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    695812 | PA      | $679940.78    | 0.15%             | 2028-11-17      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2018-1A SUB                                   | CUSIP: 12547WAC8<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-O            | CORP              | KY        |  10250000 | PA      | $3620043.75   | 0.81%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Trace3 10/21 Cov-Lite TL                           | Trace3 10/21 Cov-Lite TL                           | CUSIP: 29629LAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    338549 | PA      | $338549.43    | 0.08%             | 2028-10-08      | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                      | CoreLogic, Inc., TL                                | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   1084755 | PA      | $1083735.26   | 0.24%             | 2028-06-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| ExamWorks/Electron 11/21 Cov-Lite TL               | ExamWorks/Electron 11/21 Cov-Lite TL               | CUSIP: 28542CAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    683763 | PA      | $684931.91    | 0.15%             | 2028-11-01      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                              | DIRECTV Financing, LLC TL 1L                       | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    275747 | PA      | $275785.62    | 0.06%             | 2027-08-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| CBAMR Ltd                                          | CBAM 2018-8A E2R                                   | CUSIP: 12478FAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1011779.00   | 0.23%             | 2037-07-15      | Floating      | 10.69%                | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2019-51A INC                                  | CUSIP: 04017LAA4<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-O            | CORP              | KY        |   1699959 | PA      | $687939.41    | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| VACO HOLDINGS LLC                                  | Vaco Holdings, LLC TL 1L                           | CUSIP: 91865FAJ8<br>LEI: 54930076HTNXBP03T379 | Long             | LON              | CORP              | US        |    743756 | PA      | $637770.97    | 0.14%             | 2029-01-21      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| Pro Mach 2/25 Cov-Lite TLB                         | Pro Mach 2/25 Cov-Lite TLB                         | CUSIP: 74273JAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1446240 | PA      | $1448120.33   | 0.33%             | 2028-08-31      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Atlantic Broadband/Breezeline 9/23 TL B            | Atlantic Broadband/Breezeline 9/23 TL B            | CUSIP: 19239BAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    818764 | PA      | $816823.53    | 0.18%             | 2030-09-18      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| ELEMENT MTRL TECH GP HLDG TL                       | ELEMENT MTRL TECH GP HLDG TL                       | CUSIP: 284375LE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1106326 | PA      | $1112200.81   | 0.25%             | 2029-07-06      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Convergint 7/25 Cov-Lite TL                        | Convergint 7/25 Cov-Lite TL                        | CUSIP: 23344MAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1852777 | PA      | $1855093.45   | 0.42%             | 2032-07-09      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Bowlmor AMF/Bowlero/Lucky Strike 9/25 Cov-Lite TLB | Bowlmor AMF/Bowlero/Lucky Strike 9/25 Cov-Lite TLB | CUSIP: 49579GAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1262702 | PA      | $1225616.48   | 0.28%             | 2032-09-16      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Dialysis Holdco 5/23 TL                            | Dialysis Holdco 5/23 TL                            | CUSIP: 25253EAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $776250.00    | 0.17%             | 2028-05-12      | Floating      | 12.98%                | No            |                  2 | On Loan: No      |
| Fusion Parent, LLC - Common Equity                 | Fusion Parent, LLC - Common Equity                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      8284 | NS      | $286833.50    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Tacala 9/24 Cov-Lite TLB                           | Tacala 9/24 Cov-Lite TLB                           | CUSIP: 87339PAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    310864 | PA      | $311908.40    | 0.07%             | 2031-01-31      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Cotiviti 2/24 TL                                   | Cotiviti 2/24 TL                                   | CUSIP: 22164MAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1063494 | PA      | $1043553.63   | 0.23%             | 2031-05-01      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| RVR DEALERSHIP HOLDINGS                            | RV Retailer, LLC TLB                               | CUSIP: 75001CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    976918 | PA      | $919387.56    | 0.21%             | 2028-02-08      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                  | MAGNE 2019-24A ER                                  | CUSIP: 55954XAE7<br>LEI: 549300P6T1S83Z2MDF55 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501351.15    | 0.11%             | 2035-04-15      | Floating      | 10.72%                | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2024-54A SUB                                  | CUSIP: 64135RAC8<br>LEI: 2549008MU2CMQ0UY7J70 | Long             | ABS-O            | CORP              | JE        |   3465000 | PA      | $2394488.25   | 0.54%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rockland Park CLO Ltd                              | ROCKP 2021-1A M2                                   | CUSIP: 77366PAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  13785821 | PA      | $152307.13    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2018-28A SUB                                  | CUSIP: 55821BAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5949336 | PA      | $2330235.92   | 0.52%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sedgwick CMS 2/23 TLB                              | Sedgwick CMS 2/23 TLB                              | CUSIP: 81527CAP2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3236277 | PA      | $3231227.98   | 0.73%             | 2031-07-31      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                     | Sabre GLBL Inc. TLB2                               | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    158984 | PA      | $150239.88    | 0.03%             | 2027-12-17      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                                     | GALXY 2024-33A SUB                                 | CUSIP: 36321FAC6<br>LEI: 3912004FNLYTWOWSZU31 | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $1303740.00   | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| RR Ltd                                             | RRAM 2023-25A SUB                                  | CUSIP: 75000LAE5<br>LEI: 254900FV8ZM4T7O1K491 | Long             | ABS-O            | CORP              | BM        |   9780000 | PA      | $5895677.40   | 1.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hanger Orthopedic 10/24 TLB                        | Hanger Orthopedic 10/24 TLB                        | CUSIP: 41043BAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    780340 | PA      | $781510.53    | 0.18%             | 2031-10-23      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                     | Sabre GLBL Inc.TLB2 1L                             | CUSIP: 78571YBJ8<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |     33171 | PA      | $31015.22     | 0.01%             | 2028-06-30      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| Michael Baker 1/25 TLB                             | Michael Baker 1/25 TLB                             | CUSIP: 59406MAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    272138 | PA      | $272562.93    | 0.06%             | 2028-12-01      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| McDermott International/Lummus 7/25 Cov-Lite TLB   | McDermott International/Lummus 7/25 Cov-Lite TLB   | CUSIP: 45232UAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1822249 | PA      | $1825510.36   | 0.41%             | 2029-12-31      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Clover CLO                                         | CLVR 2021-3A SUB                                   | CUSIP: 00142QAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500000 | PA      | $3829758.90   | 0.86%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Citco 6/24 TLB                                     | Citco 6/24 TLB                                     | CUSIP: 17302JAK3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    774188 | PA      | $775984.07    | 0.17%             | 2028-04-27      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Virgin Media 3/23 TLY                              | Virgin Media 3/23 TLY                              | CUSIP: G9368PBH6<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    476310 | PA      | $469213.17    | 0.11%             | 2031-03-31      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| National Intergovernmental Purchasing/Omnia TLB    | National Intergovernmental Purchasing/Omnia TLB    | CUSIP: 68218HAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2296962 | PA      | $2296594.64   | 0.52%             | 2030-07-25      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Hyperion Insurance/Howden 8/25 TLB                 | Hyperion Insurance/Howden 8/25 TLB                 | CUSIP: G4712JBB7<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   2994171 | PA      | $2993602.22   | 0.67%             | 2031-02-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| WeddingWire 12/24 TLB                              | WeddingWire 12/24 TLB                              | CUSIP: 94847DAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    868154 | PA      | $867068.56    | 0.19%             | 2028-01-31      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                             | RRAM 2021-19A DR                                   | CUSIP: 74983BAJ0<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $502519.40    | 0.11%             | 2040-04-15      | Floating      | 9.02%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Car Rental 7/25 TLB                    | Avis Budget Car Rental 7/25 TLB                    | CUSIP: 05377JAU6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    580907 | PA      | $575580.35    | 0.13%             | 2032-07-16      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| TORRID LLC                                         | TORRID LLC, TLB                                    | CUSIP: 89142DAB9<br>LEI: 254900PHLV1YJ5P5SQ69 | Long             | LON              | CORP              | US        |    165786 | PA      | $136081.82    | 0.03%             | 2028-06-14      | Floating      | 9.93%                 | No            |                  2 | On Loan: No      |
| Ardonagh 6/24 Cov-Lite TLB                         | Ardonagh 6/24 Cov-Lite TLB                         | CUSIP: Q0500HAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2377921 | PA      | $2364057.74   | 0.53%             | 2031-02-15      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| Astro Acquisition/Cooper Mach 8/25 Cov-Lite TLB    | Astro Acquisition/Cooper Mach 8/25 Cov-Lite TLB    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    372607 | PA      | $373773.22    | 0.08%             | 2032-08-30      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Idera 6/24 TL                                      | Idera 6/24 TL                                      | CUSIP: 45168RAT0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1576645 | PA      | $1375622.77   | 0.31%             | 2028-03-02      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-3A SUB                                   | CUSIP: 12554UAC2<br>LEI: 254900SVOWCOSOG16T40 | Long             | ABS-O            | CORP              | KY        |    840000 | PA      | $632746.80    | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Powerteam Services 2/24 TLC                        | Powerteam Services 2/24 TLC                        | CUSIP: 73937UAL2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    323428 | PA      | $288103.02    | 0.06%             | 2031-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VII Ltd.                               | ELMW7 2020-4A SUB                                  | CUSIP: 29002RAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8350000 | PA      | $3553551.25   | 0.80%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Infoblox 1/25 TLB                                  | Infoblox 1/25 TLB                                  | CUSIP: 24780DAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1377058 | PA      | $1360189.13   | 0.31%             | 2029-11-30      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Digicel 7/25 TLB                                   | Digicel 7/25 TLB                                   | CUSIP: G2761UAC5<br>LEI: N/A                  | Long             | LON              | CORP              | JM        |   2000000 | PA      | $1997500.00   | 0.45%             | 2032-08-06      | Floating      | 9.49%                 | No            |                  2 | On Loan: No      |
| Kantar 2/24 Extended TLB                           | Kantar 2/24 Extended TLB                           | CUSIP: L8869UAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    758227 | PA      | $744328.24    | 0.17%             | 2029-02-15      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                             | Spirit AeroSystems, Inc. TL 1L                     | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |    111503 | PA      | $111816.43    | 0.03%             | 2027-01-15      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Ancestry.com 2/21 Cov-Lite TLB                     | Ancestry.com 2/21 Cov-Lite TLB                     | CUSIP: 03952HAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1488929 | PA      | $1489628.69   | 0.33%             | 2027-12-06      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Harbortouch 5/25 TL                                | Harbortouch 5/25 TL                                | CUSIP: 82453JAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    212870 | PA      | $214376.79    | 0.05%             | 2032-06-30      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| TGP Holdings III (Traeger Grills) T/L (6/21)       | TGP Holdings III (Traeger Grills) T/L (6/21)       | CUSIP: 87251RAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    499923 | PA      | $465812.84    | 0.10%             | 2028-06-29      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                              | SIXST 2021-17A SUB                                 | CUSIP: 83012GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1100000 | PA      | $742964.75    | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Carroll County 6/24 TLB                            | Carroll County 6/24 TLB                            | CUSIP: 14474FAY0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    710217 | PA      | $711253.65    | 0.16%             | 2031-06-30      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Hexion 12/24 TLB                                   | Hexion 12/24 TLB                                   | CUSIP: 00217XAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1560565 | PA      | $1557506.31   | 0.35%             | 2029-03-15      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| Hamilton Projects 5/24 TLB                         | Hamilton Projects 5/24 TLB                         | CUSIP: 40444KAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    948598 | PA      | $950570.90    | 0.21%             | 2031-05-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Acrisure 12/24 B6 Cov-Lite TL                      | Acrisure 12/24 B6 Cov-Lite TL                      | CUSIP: 00488PAV7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2446571 | PA      | $2439696.57   | 0.55%             | 2030-11-06      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| K-Mac 7/25 Cov-Lite TL                             | K-Mac 7/25 Cov-Lite TL                             | CUSIP: 55304PAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    380500 | PA      | $382231.54    | 0.09%             | 2028-07-21      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2017-44A DRR                                  | CUSIP: 04016NBT9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005602.10   | 0.23%             | 2034-04-15      | Floating      | 10.54%                | Yes           |                  2 | On Loan: No      |
| Univision 5/24 TLB                                 | Univision 5/24 TLB                                 | CUSIP: 914908BG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    509195 | PA      | $506807.16    | 0.11%             | 2029-01-31      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Summit Companies 9/25 Cov-Lite TL                  | Summit Companies 9/25 Cov-Lite TL                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    381595 | PA      | $382072.15    | 0.09%             | 2032-10-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                              | Foundation Building Materials, Inc TL              | CUSIP: 35039KAB2<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |    217690 | PA      | $217794.29    | 0.05%             | 2028-01-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Garnet CLO Ltd                                     | GARNET 2025-3A E                                   | CUSIP: 36626UAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.34%             | 2038-10-20      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Fairbanks Morse 3/25 TL                            | Fairbanks Morse 3/25 TL                            | CUSIP: 03960DAH6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    604578 | PA      | $604106.77    | 0.14%             | 2030-06-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| McAfee/Magenta 8/24 Super Priority TL              | McAfee/Magenta 8/24 Super Priority TL              | CUSIP: 55909UAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    142199 | PA      | $143976.77    | 0.03%             | 2028-07-27      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| MH SUB I, LLC                                      | MH SUB I, LLC                                      | CUSIP: 45567YAN5<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    801123 | PA      | $769414.15    | 0.17%             | 2028-05-03      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO XVI, Ltd.                         | SIXST 2020-16A SUB                                 | CUSIP: 83012EAB7<br>LEI: 549300YD05LZSDNMVF16 | Long             | ABS-O            | CORP              | KY        |   8000000 | PA      | $4886320.00   | 1.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bowling Green Park CLO LLC                         | CLVR 2019-1A SUB                                   | CUSIP: 00871QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8339200 | PA      | $5413550.12   | 1.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2021-5A SUB                                   | CUSIP: 14318AAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4000000 | PA      | $2207865.60   | 0.50%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wilsonart International 7/24 TLB                   | Wilsonart International 7/24 TLB                   | CUSIP: 97246FAM8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    979268 | PA      | $944993.89    | 0.21%             | 2031-08-05      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Air Medical 9/25 TLB                               | Air Medical 9/25 TLB                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1754189 | PA      | $1754276.38   | 0.39%             | 2032-10-01      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Niagara Park CLO, Ltd.                             | NIAPK 2019-1A G                                    | CUSIP: 65357KAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    225000 | PA      | $217392.75    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Viavi 6/25 TLB                                     | Viavi 6/25 TLB                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    342840 | PA      | $343268.28    | 0.08%             | 2032-06-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Dave & Buster's 1/24 Cov-Lite TLB                  | Dave & Buster's 1/24 Cov-Lite TLB                  | CUSIP: 23833EAX2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    446565 | PA      | $416167.50    | 0.09%             | 2029-06-29      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Weber-Stephen 9/25 TLB                             | Weber-Stephen 9/25 TLB                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    653388 | PA      | $646037.07    | 0.15%             | 2032-10-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2025-2A E                                     | CUSIP: 14320DAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    845000 | PA      | $874715.35    | 0.20%             | 2038-07-25      | Floating      | 11.05%                | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2017-44A SUB                                  | CUSIP: 04016NAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6288428 | PA      | $1423491.32   | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                                 | WINDR 2018-2A SUB                                  | CUSIP: 88433LAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3031000 | PA      | $341654.32    | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BCPE Grill Parent, Inc. (Fogo de Chao) TLB         | BCPE Grill Parent, Inc. (Fogo de Chao) TLB         | CUSIP: 05553QAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    681543 | PA      | $655603.42    | 0.15%             | 2030-09-30      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Anticimex 4/24 TLB                                 | Anticimex 4/24 TLB                                 | CUSIP: 03703HAB2<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    461825 | PA      | $462517.81    | 0.10%             | 2028-11-16      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| PELICAN PRODUCTS INC                               | PELICAN PRODUCTS, INC. TL                          | CUSIP: 70468BAC7<br>LEI: 5493008CRWH2WFODTF44 | Long             | LON              | CORP              | US        |    474072 | PA      | $401538.72    | 0.09%             | 2028-12-29      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Regatta XVI Funding Ltd.                           | REG16 2019-2A ER                                   | CUSIP: 75888QAL5<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1403072.30   | 0.32%             | 2033-01-15      | Floating      | 11.42%                | Yes           |                  2 | On Loan: No      |
| SunSource 3/24 TL                                  | SunSource 3/24 TL                                  | CUSIP: 12508KAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2224704 | PA      | $2208952.77   | 0.50%             | 2031-03-25      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| WideOpenWest 10/24 Super-Priority FO New Money TL  | WideOpenWest 10/24 Super-Priority FO New Money TL  | CUSIP: 96758DBG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    675412 | PA      | $688602.36    | 0.15%             | 2028-12-11      | Floating      | 11.58%                | No            |                  2 | On Loan: No      |
| PMHC II INC                                        | PMHC II, Inc. TL                                   | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    302443 | PA      | $243657.44    | 0.05%             | 2029-04-23      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                     | APID 2024-1A ER                                    | CUSIP: 037985AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750683.33    | 0.17%             | 2038-10-25      | Floating      | 8.88%                 | Yes           |                  2 | On Loan: No      |
| OverDrive/RBmedia 7/25 TLB                         | OverDrive/RBmedia 7/25 TLB                         | CUSIP: 37610GAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1071106 | PA      | $1075882.67   | 0.24%             | 2028-12-15      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                | SNDPT 2017-4A D                                    | CUSIP: 83608DAA1<br>LEI: 549300G09B8CGBRMLL31 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $323590.50    | 0.07%             | 2031-01-21      | Floating      | 10.09%                | Yes           |                  2 | On Loan: No      |
| COHERENT CORP                                      | II-VI INC COHR 5 12/15/29                          | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    146000 | PA      | $143700.50    | 0.03%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Unity-Peace Park CLO, Ltd.                         | UNPPK 2022-1A SUB                                  | CUSIP: 913319AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   4000000 | PA      | $1873840.00   | 0.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| R1 RCM 10/24 Cov-Lite TLB                          | R1 RCM 10/24 Cov-Lite TLB                          | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1176264 | PA      | $1175534.34   | 0.26%             | 2031-11-19      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| SHUTTERFLY FINANCE, LLC, TL                        | SHUTTERFLY FINANCE, LLC, TL                        | CUSIP: 82568TAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    453048 | PA      | $426807.69    | 0.10%             | 2027-10-01      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| ZEST ACQUISITION CORP., TL                         | ZEST ACQUISITION CORP., TL                         | CUSIP: 46589UAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    199445 | PA      | $199943.56    | 0.04%             | 2028-02-08      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners 5/24 TLB4                     | Broadstreet Partners 5/24 TLB4                     | CUSIP: 11132VAY5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2361269 | PA      | $2363134.83   | 0.53%             | 2031-06-13      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Endeavor/EOC 1/25 Cov-Lite TLB                     | Endeavor/EOC 1/25 Cov-Lite TLB                     | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2179656 | PA      | $2178566.03   | 0.49%             | 2032-03-24      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Viasat 5/23 TL                                     | Viasat 5/23 TL                                     | CUSIP: 92555WAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    373349 | PA      | $367017.21    | 0.08%             | 2030-05-30      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Rockland Park CLO Ltd                              | ROCKP 2021-1A M1                                   | CUSIP: 77366PAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  13785821 | PA      | $43820.99     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Gray Television 6/24 TLB                           | Gray Television 6/24 TLB                           | CUSIP: 389376BC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     15113 | PA      | $15107.02     | 0.00%             | 2029-06-04      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| Amspec Parent 12/24 Delayed TL                     | Amspec Parent 12/24 Delayed TL                     | CUSIP: 03218AAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    161897 | PA      | $162403.34    | 0.04%             | 2031-12-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2018-5A SUB                                   | CUSIP: 12551XAC9<br>LEI: 2549007CW2XYI54L0R94 | Long             | ABS-O            | CORP              | KY        |   5298000 | PA      | $2439940.92   | 0.55%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Catawba Nation Gaming/Two Kings Casino 12/24 TLB   | Catawba Nation Gaming/Two Kings Casino 12/24 TLB   | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1193096 | PA      | $1218449.43   | 0.27%             | 2032-03-29      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| Opella 3/25 (USD) Cov-Lite TL                      | Opella 3/25 (USD) Cov-Lite TL                      | CUSIP: F7000QAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1847573 | PA      | $1851268.62   | 0.42%             | 2032-04-28      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Genuine Fin 1/25 Cov-Lite TLB                      | Genuine Fin 1/25 Cov-Lite TLB                      | CUSIP: 37190DAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1504558 | PA      | $1381500.11   | 0.31%             | 2030-09-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Solenis 12/24 (USD) Cov-Lite TLB                   | Solenis 12/24 (USD) Cov-Lite TLB                   | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1769530 | PA      | $1750366.14   | 0.39%             | 2031-06-20      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2022-29A ER                                    | CUSIP: 08186FAE5<br>LEI: 549300DICNUWMUKL3816 | Long             | ABS-CBDO         | CORP              | JE        |   1750000 | PA      | $1755124.18   | 0.39%             | 2038-01-25      | Floating      | 8.92%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2024-36A SUB                                   | CUSIP: 081920AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2560000 | PA      | $2016256.00   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2019-4A DR                                    | CUSIP: 14317WAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $749454.75    | 0.17%             | 2035-04-15      | Floating      | 10.92%                | Yes           |                  2 | On Loan: No      |
| Asurion 9/24 B12 TLB                               | Asurion 9/24 B12 TLB                               | CUSIP: 04649VBD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    310912 | PA      | $309600.19    | 0.07%             | 2030-09-19      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Therakos 10/24 Cov-Lite TLB                        | Therakos 10/24 Cov-Lite TLB                        | CUSIP: 83419KAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1743929 | PA      | $1704690.78   | 0.38%             | 2030-11-29      | Floating      | 9.45%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2022-2A SUB                                   | CUSIP: 143113AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4391000 | PA      | $2336451.10   | 0.52%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nord Security 9/25 Cov-Lite TLB                    | Nord Security 9/25 Cov-Lite TLB                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    245613 | PA      | $245101.98    | 0.06%             | 2032-09-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2019-51A SUB                                  | CUSIP: 04019MAC6<br>LEI: 5493003FNA8PT0CMDE92 | Long             | ABS-O            | CORP              | KY        |   4378142 | PA      | $1771746.50   | 0.40%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ply Gem/Pisces Midco/Cornerstone Building 7/22 TL  | Ply Gem/Pisces Midco/Cornerstone Building 7/22 TL  | CUSIP: 21925FAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496183 | PA      | $475507.27    | 0.11%             | 2028-08-01      | Floating      | 9.78%                 | No            |                  2 | On Loan: No      |
| Planview 12/24 TL                                  | Planview 12/24 TL                                  | CUSIP: 72751PAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1076812 | PA      | $1058861.11   | 0.24%             | 2027-12-17      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                            | PARK RIVER HOLDINGS, INC. TL                       | CUSIP: 70082HAC0<br>LEI: 254900PGY077KWCROT75 | Long             | LON              | CORP              | US        |    656218 | PA      | $655325.64    | 0.15%             | 2027-12-28      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Avalara 3/25 Cov-Lite TL                           | Avalara 3/25 Cov-Lite TL                           | CUSIP: 05338KAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1089412 | PA      | $1089106.92   | 0.24%             | 2032-03-26      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas 1/25 (USD) TLB                      | Hunter Douglas 1/25 (USD) TLB                      | CUSIP: N8137FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2468346 | PA      | $2468346.09   | 0.55%             | 2032-01-17      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Global Tel Link 6/24 TL                            | Global Tel Link 6/24 TL                            | CUSIP: 37959JAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    936487 | PA      | $912606.10    | 0.20%             | 2029-08-06      | Floating      | 11.66%                | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                              | SIXST 2024-24A SUB                                 | CUSIP: 83011UAC0<br>LEI: 254900750L60VUYV0C32 | Long             | ABS-O            | CORP              | JE        |   7500000 | PA      | $5256750.00   | 1.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2019-32RA E                                   | CUSIP: 64136FAA7<br>LEI: 25490093SHVBS5BLDZ40 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1510404.00   | 0.34%             | 2039-07-20      | Floating      | 9.48%                 | Yes           |                  2 | On Loan: No      |
| Hudson River 10/24 TLB                             | Hudson River 10/24 TLB                             | CUSIP: 44413EAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1130505 | PA      | $1132144.12   | 0.25%             | 2030-03-18      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Epic Crude 7/25 TLB                                | Epic Crude 7/25 TLB                                | CUSIP: 29428XAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    401863 | PA      | $401863.42    | 0.09%             | 2031-10-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR                           | MILANO ACQUISITION CORP. TLB                       | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1943617 | PA      | $1910089.17   | 0.43%             | 2027-10-01      | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                     | Sabre GLBL Inc. TLB1                               | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    175771 | PA      | $166103.30    | 0.04%             | 2027-12-17      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Deep Blue 9/25 TL                                  | Deep Blue 9/25 TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    398360 | PA      | $398359.64    | 0.09%             | 2032-09-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                    | OAKC 2019-2A ER2                                   | CUSIP: 67707FAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001433.20   | 0.22%             | 2038-01-21      | Floating      | 9.13%                 | Yes           |                  2 | On Loan: No      |
| Truist Insurance 12/24 Cov-Lite TLB                | Truist Insurance 12/24 Cov-Lite TLB                | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1223713 | PA      | $1221803.73   | 0.27%             | 2031-05-06      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Windstream 9/24 TLB                                | Windstream 9/24 TLB                                | CUSIP: 97381JAJ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1917501 | PA      | $1912707.18   | 0.43%             | 2031-10-01      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb 9/23 Incremental                     | Bausch + Lomb 9/23 Incremental                     | CUSIP: C0787FAF9<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1365000 | PA      | $1363293.77   | 0.31%             | 2028-09-29      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials 9/25 TLB               | Solstice Advanced Materials 9/25 TLB               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     27387 | PA      | $27404.06     | 0.01%             | 2032-09-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2021-20A ER                                  | CUSIP: 03331QAN6<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1485176.40   | 0.33%             | 2035-01-20      | Floating      | 11.33%                | Yes           |                  2 | On Loan: No      |
| Tricorbraun 3/21 Cov-Lite TL                       | Tricorbraun 3/21 Cov-Lite TL                       | CUSIP: 00184NAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1722295 | PA      | $1712357.52   | 0.38%             | 2031-03-03      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO I Ltd.                                 | ELMW1 2019-1A SUB                                  | CUSIP: 29001QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   6000000 | PA      | $2954040.00   | 0.66%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hightower 7/25 Cov-Lite TLB                        | Hightower 7/25 Cov-Lite TLB                        | CUSIP: 43117LAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1581600 | PA      | $1578642.67   | 0.35%             | 2032-02-03      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2025-6A E                                     | CUSIP: 12576EAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250000.00   | 0.28%             | 2038-10-23      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2019-17A ER2                                   | CUSIP: 08182AAG5<br>LEI: 5493001ND55H5MJDIQ39 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2123364.81   | 0.48%             | 2037-10-15      | Floating      | 10.47%                | Yes           |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                             | ATHENAHEALTH GROUP INC. TLB 1L                     | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   3318965 | PA      | $3310667.87   | 0.74%             | 2029-02-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC (McAfee) Third Out TL (8/15/24)  | Magenta Buyer LLC (McAfee) Third Out TL (8/15/24)  | CUSIP: 55909UAG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    119507 | PA      | $23802.16     | 0.01%             | 2028-07-27      | Floating      | 10.82%                | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                           | HILTON GRAND VAC HGVLLC 5 06/01/29                 | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    529000 | PA      | $508719.77    | 0.11%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| RegionalCare/Lifepoint Health 9/24 TLB             | RegionalCare/Lifepoint Health 9/24 TLB             | CUSIP: 75915TAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2363623 | PA      | $2357477.80   | 0.53%             | 2031-05-17      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Cube Industrials/Circor 10/24 TLB                  | Cube Industrials/Circor 10/24 TLB                  | CUSIP: 22971EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    797955 | PA      | $799949.49    | 0.18%             | 2031-10-17      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Autodata/JD Power 7/24 TL                          | Autodata/JD Power 7/24 TL                          | CUSIP: 74339NAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2975215 | PA      | $2965932.21   | 0.67%             | 2031-07-16      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2017-12A SUB                                   | CUSIP: 08179JAB2<br>LEI: 549300CIOPBDYOSN3T91 | Long             | ABS-O            | CORP              | KY        |   4500000 | PA      | $3659400.00   | 0.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2016-41A SUB                                  | CUSIP: 04016KAC3<br>LEI: 549300X38KZ67Q2FQG11 | Long             | ABS-O            | CORP              | KY        |   2343500 | PA      | $658007.93    | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                       | ARES 2021-59A SUB                                  | CUSIP: 04018GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3500000 | PA      | $1755354.65   | 0.39%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Styrolution/Ineos Quattro 10/24 TLB                | Styrolution/Ineos Quattro 10/24 TLB                | CUSIP: G4770MAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     94443 | PA      | $80906.60     | 0.02%             | 2031-10-07      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Gogo 4/21 TLB                                      | Gogo 4/21 TLB                                      | CUSIP: 38046JAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    748174 | PA      | $741859.41    | 0.17%             | 2028-04-30      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                                      | BALLY 2022-19A SUB                                 | CUSIP: 05876AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   4200000 | PA      | $1893043.32   | 0.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2015-6BR ER                                    | CUSIP: 08182EAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1288000 | PA      | $1295297.16   | 0.29%             | 2038-04-20      | Floating      | 9.08%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                     | APID 2017-27A SUB                                  | CUSIP: 03766JAC0<br>LEI: 549300EW146C7Q4UV387 | Long             | ABS-O            | CORP              | KY        |   1300000 | PA      | $249314.00    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2021-25A ER                                    | CUSIP: 08187AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    480000 | PA      | $478465.68    | 0.11%             | 2035-01-15      | Floating      | 8.92%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC                                     | GRAY MEDIA GTN 7 1/4 08/15/33                      | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    722000 | PA      | $718059.09    | 0.16%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Sabert 6/24 TLB                                    | Sabert 6/24 TLB                                    | CUSIP: 78516EAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    918039 | PA      | $921481.58    | 0.21%             | 2026-12-10      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Tectum Holdings/Truck Hero 1/21 Cov-Lite TLB       | Tectum Holdings/Truck Hero 1/21 Cov-Lite TLB       | CUSIP: 89778PAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    488386 | PA      | $441212.42    | 0.10%             | 2028-01-31      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Regatta XIX Funding Ltd                            | REG19 2022-1A E                                    | CUSIP: 75888CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751350.15    | 0.17%             | 2035-04-20      | Floating      | 11.21%                | Yes           |                  2 | On Loan: No      |
| Rockland Park CLO Ltd                              | ROCKP 2021-1A SUB                                  | CUSIP: 77366PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  13785821 | PA      | $6498084.59   | 1.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ascensus 12/24 Cov-Lite TLB                        | Ascensus 12/24 Cov-Lite TLB                        | CUSIP: 03836BAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2694450 | PA      | $2690408.45   | 0.60%             | 2028-08-02      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Cineworld/Regal Cineworld 6/25 TLB                 | Cineworld/Regal Cineworld 6/25 TLB                 | CUSIP: 22834KAV3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    618665 | PA      | $616889.66    | 0.14%             | 2031-12-02      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Precision Medicine 8/25 Cov-Lite TLB               | Precision Medicine 8/25 Cov-Lite TLB               | CUSIP: 74028HAG0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1225881 | PA      | $1220266.15   | 0.27%             | 2032-08-20      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare 7/25 Cov-Lite TLB                   | CHG Healthcare 7/25 Cov-Lite TLB                   | CUSIP: 12541HAX1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1124746 | PA      | $1124689.34   | 0.25%             | 2028-09-29      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| McAfee 12/24 Cov-Lite TLB                          | McAfee 12/24 Cov-Lite TLB                          | CUSIP: 57906HAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2757163 | PA      | $2628789.33   | 0.59%             | 2029-03-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Rackspace Hosting 3/24 FLFO New SuperPriority TLB  | Rackspace Hosting 3/24 FLFO New SuperPriority TLB  | CUSIP: 75008UAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $1008960.00   | 0.23%             | 2028-05-15      | Floating      | 10.54%                | No            |                  2 | On Loan: No      |
| Fertitta Entertainment, LLC TLB 1L                 | Fertitta Entertainment, LLC TLB 1L                 | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1446634 | PA      | $1444088.13   | 0.32%             | 2029-01-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Madison IAQ/Madison Air 3/25 Cov-Lite Incr TLB     | Madison IAQ/Madison Air 3/25 Cov-Lite Incr TLB     | CUSIP: 55759VAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    614894 | PA      | $617445.38    | 0.14%             | 2032-05-06      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-5A INC                                   | CUSIP: 12554YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $1490276.25   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GGP/Brookfield Retail 5/25 TLB                     | GGP/Brookfield Retail 5/25 TLB                     | CUSIP: 11283HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    752969 | PA      | $754987.37    | 0.17%             | 2030-05-28      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy 7/25 TLB                          | Tallgrass Energy 7/25 TLB                          | CUSIP: 73955HAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1379144 | PA      | $1385460.11   | 0.31%             | 2029-08-01      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| OHA Credit Partners Ltd                            | OAKC 2015-12A SUB                                  | CUSIP: 67110BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  13537295 | PA      | $6612765.55   | 1.49%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                    | OAKCL 2023-1A ER                                   | CUSIP: 67389EAE9<br>LEI: 254900WZ1Z6PQ6U3P013 | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $513705.60    | 0.12%             | 2038-04-15      | Floating      | 11.82%                | Yes           |                  2 | On Loan: No      |
| ABRA Auto Body/Caliber Collision 1/25 Cov-Lite TLB | ABRA Auto Body/Caliber Collision 1/25 Cov-Lite TLB | CUSIP: 93369PAM6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    925387 | PA      | $921740.68    | 0.21%             | 2031-01-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Bay Club 12/24 Cov-Lite TL                         | Bay Club 12/24 Cov-Lite TL                         | CUSIP: 12021GAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1457426 | PA      | $1462891.75   | 0.33%             | 2031-06-27      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| Amspec Parent 6/25 Cov-Lite TL                     | Amspec Parent 6/25 Cov-Lite TL                     | CUSIP: 03218AAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1050748 | PA      | $1054036.64   | 0.24%             | 2031-12-22      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| FNZ Group 11/24 (USD) TLB                          | FNZ Group 11/24 (USD) TLB                          | CUSIP: 30339HAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1314695 | PA      | $1051756.10   | 0.24%             | 2031-11-05      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| LA Fitness 1/24 TLB                                | LA Fitness 1/24 TLB                                | CUSIP: 33818XAM2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    972387 | PA      | $976276.52    | 0.22%             | 2029-02-12      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| Groundworks 3/24 Delayed TL                        | Groundworks 3/24 Delayed TL                        | CUSIP: 39954EAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    275256 | PA      | $275187.32    | 0.06%             | 2031-03-14      | Floating      | 3.66%                 | No            |                  2 | On Loan: No      |
| LTR INTERMEDIATE HOLDING                           | LTR INTERMEDIATE HOLDINGS, INC. TLB                | CUSIP: 50219UAB1<br>LEI: 549300J0IFHJE2TQGX07 | Long             | LON              | CORP              | US        |    309479 | PA      | $307931.16    | 0.07%             | 2028-05-05      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Universal Services 8/25 (USD) Cov-Lite TLB         | Universal Services 8/25 (USD) Cov-Lite TLB         | CUSIP: 01957TAX5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3432496 | PA      | $3443411.54   | 0.77%             | 2032-08-20      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2019-4A SUBA                                  | CUSIP: 14317WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8740000 | PA      | $4664887.60   | 1.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Asurion 6/25 B13 TLB                               | Asurion 6/25 B13 TLB                               | CUSIP: 04649VBE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    482552 | PA      | $479135.07    | 0.11%             | 2030-09-19      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO LTD                                 | SHACK 2019-14A ERR                                 | CUSIP: 81880YAJ9<br>LEI: 549300HOHPZON6E4VH77 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $984972.60    | 0.22%             | 2034-07-20      | Floating      | 10.23%                | Yes           |                  2 | On Loan: No      |
| Rad CLO Ltd                                        | RAD 2021-10A E                                     | CUSIP: 48662MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1980332.60   | 0.44%             | 2034-04-23      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Hilex Poly/Novolex 3/25 TL                         | Hilex Poly/Novolex 3/25 TL                         | CUSIP: 18972FAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     19589 | PA      | $19553.95     | 0.00%             | 2032-04-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2024-55A SUB                                  | CUSIP: 640982AE4<br>LEI: 254900P6M7LX99MHDX34 | Long             | ABS-O            | CORP              | JE        |   4600000 | PA      | $3199708.02   | 0.72%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                        | OCP 2018-15A SUB                                   | CUSIP: 67112QAB2<br>LEI: 254900WK4JKXAXOKTL68 | Long             | ABS-O            | CORP              | KY        |   6000000 | PA      | $2553828.00   | 0.57%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2021-40A ER                                   | CUSIP: 64134KAL4<br>LEI: 549300Y2YE54ON4DJE28 | Long             | ABS-CBDO         | CORP              | KY        |   2170000 | PA      | $2178502.49   | 0.49%             | 2037-10-16      | Floating      | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2021-4A SUB                                   | CUSIP: 14316UAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $593750.00    | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Anchor Packaging 12/24 Cov-Lite TLB                | Anchor Packaging 12/24 Cov-Lite TLB                | CUSIP: 03306UAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    533456 | PA      | $535344.80    | 0.12%             | 2029-07-18      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Ineos 12/24 (USD) Cov-Lite TLB                     | Ineos 12/24 (USD) Cov-Lite TLB                     | CUSIP: G4768PAS0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1238762 | PA      | $1108692.30   | 0.25%             | 2031-02-07      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                    | OAKCL 2022-3A SUB                                  | CUSIP: 67401WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  13250000 | PA      | $7698647.50   | 1.73%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2023-53A SUB                                  | CUSIP: 64135LAC1<br>LEI: 254900R37Z1EGG1Y1P54 | Long             | ABS-O            | CORP              | JE        |   7325000 | PA      | $5995366.00   | 1.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Equiniti Group 3/25 Add-on TL                      | Equiniti Group 3/25 Add-on TL                      | CUSIP: 04225VAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    388546 | PA      | $388157.59    | 0.09%             | 2028-12-11      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2025-61A E                                    | CUSIP: 640985AA5<br>LEI: 2549006I8TDEPS26X974 | Long             | ABS-CBDO         | CORP              | KY        |    720000 | PA      | $725474.52    | 0.16%             | 2039-07-17      | Floating      | 9.22%                 | Yes           |                  2 | On Loan: No      |
| Sunrise Financing 1/25 AAA TLB                     | Sunrise Financing 1/25 AAA TLB                     | CUSIP: N9000DAK3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1232341 | PA      | $1227941.69   | 0.28%             | 2032-02-15      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Sabre Industries 8/25 Cov-Lite TLB                 | Sabre Industries 8/25 Cov-Lite TLB                 | CUSIP: 88675UAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    347249 | PA      | $345790.68    | 0.08%             | 2032-08-23      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2022-1A E                                     | CUSIP: 12570BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999453.00   | 0.45%             | 2035-04-17      | Floating      | 10.72%                | Yes           |                  2 | On Loan: No      |
| Aimco                                              | AIMCO 2021-16A SUB                                 | CUSIP: 00901GAC8<br>LEI: 254900Q0PCRO7XC6LM21 | Long             | ABS-O            | CORP              | KY        |   1812000 | PA      | $1215090.96   | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ASURION LLC                                        | Assurion, LLC TLB4 2L                              | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1604603 | PA      | $1532620.04   | 0.34%             | 2029-01-20      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| Kaman/Ruby/Arxis 1/25 Cov-Lite TLB                 | Kaman/Ruby/Arxis 1/25 Cov-Lite TLB                 | CUSIP: 48354VAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2449517 | PA      | $2440110.76   | 0.55%             | 2032-02-26      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Solenis 7/25 Cov-Lite TLB                          | Solenis 7/25 Cov-Lite TLB                          | CUSIP: 68163YAK1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    325934 | PA      | $323257.75    | 0.07%             | 2032-07-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kidde Global 7/25 TLB                              | Kidde Global 7/25 TLB                              | CUSIP: 50221UAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1138657 | PA      | $1139374.55   | 0.26%             | 2031-12-02      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Cablevision Systems/Altice USA 12/22 B6 TLB        | Cablevision Systems/Altice USA 12/22 B6 TLB        | CUSIP: 64072UAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    748082 | PA      | $742792.90    | 0.17%             | 2028-01-18      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Regatta XXVII Funding Ltd.                         | REG27 2024-1A SUB                                  | CUSIP: 758973AC5<br>LEI: 213800A3LAH3GG226R43 | Long             | ABS-O            | CORP              | JE        |   6000000 | PA      | $3971988.00   | 0.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| White Cap 6/24 TLB                                 | White Cap 6/24 TLB                                 | CUSIP: 96350TAH3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3404439 | PA      | $3403724.30   | 0.76%             | 2029-10-19      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                                  | GNRT 3A SUB                                        | CUSIP: 98625VAC4<br>LEI: 549300TKWX739FHPEQ97 | Long             | ABS-O            | CORP              | KY        |   7008000 | PA      | $2486368.32   | 0.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Generate CLO Ltd.                                  | GNRT 2023-12A SUB                                  | CUSIP: 37147WAC9<br>LEI: 549300OPJWALMOKFT505 | Long             | ABS-O            | CORP              | KY        |   8000000 | PA      | $5426800.00   | 1.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ALM Loan Funding                                   | ALM 2020-1A SUB                                    | CUSIP: 00166DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $46250.00     | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Herschend/Harlem 5/25 Cov-Lite TLB                 | Herschend/Harlem 5/25 Cov-Lite TLB                 | CUSIP: 42778EAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    302162 | PA      | $302980.77    | 0.07%             | 2032-05-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Kodiak Building Partners 11/24 Cov-Lite TLB        | Kodiak Building Partners 11/24 Cov-Lite TLB        | CUSIP: 50011JAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    882430 | PA      | $877284.94    | 0.20%             | 2031-12-04      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Roper Technologies/Indicor 12/24 (USD) Cov-Lite TL | Roper Technologies/Indicor 12/24 (USD) Cov-Lite TL | CUSIP: 77669LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1528635 | PA      | $1529918.58   | 0.34%             | 2029-11-22      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                    | OAKCL 2022-3A ER                                   | CUSIP: 67401WAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2021504.60   | 0.45%             | 2037-10-15      | Floating      | 10.82%                | Yes           |                  2 | On Loan: No      |
| Promontory/IntraFi Network 7/25 Incremental TL     | Promontory/IntraFi Network 7/25 Incremental TL     | CUSIP: 65343UAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    518285 | PA      | $517963.53    | 0.12%             | 2031-07-31      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2021-39A E                                    | CUSIP: 55821NAA8<br>LEI: 254900K0MU6TXERK4I83 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498598.40   | 0.34%             | 2034-10-22      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| Dave & Buster's 9/24 TLB                           | Dave & Buster's 9/24 TLB                           | CUSIP: 23833EAY0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1003027 | PA      | $923727.24    | 0.21%             | 2031-11-01      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Culligan 12/24 TLB                                 | Culligan 12/24 TLB                                 | CUSIP: 00132UAP9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3165897 | PA      | $3171563.83   | 0.71%             | 2028-07-31      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                               | Cornerstone Building Brands, Inc. TLB              | CUSIP: 72431HAD2<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |   1352283 | PA      | $1281747.46   | 0.29%             | 2028-04-12      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Drake Software/Taxwell 6/24 TLB                    | Drake Software/Taxwell 6/24 TLB                    | CUSIP: 23344UAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2379036 | PA      | $2375062.71   | 0.53%             | 2031-06-26      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| RLG HOLDINGS LLC                                   | RLG Holdings, Inc. TL 1L                           | CUSIP: 74970AAB4<br>LEI: 254900Y6CDN3X5BPSO77 | Long             | LON              | CORP              | US        |   1319005 | PA      | $1080647.89   | 0.24%             | 2028-07-07      | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                             | CLYDESDALE ACQUISITION HOLDINGS, INC.              | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |    500000 | PA      | $499155.00    | 0.11%             | 2029-04-13      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| AMR 5/25 TLB                                       | AMR 5/25 TLB                                       | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1078825 | PA      | $1082870.44   | 0.24%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-6A ER                                    | CUSIP: 12556CAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $706846.35    | 0.16%             | 2037-07-16      | Floating      | 10.57%                | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2018-3A SUB                                   | CUSIP: 12552BAE2<br>LEI: 635400OB7ZCBUWDQNV87 | Long             | ABS-O            | CORP              | KY        |   6815000 | PA      | $1399460.25   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2015-7A SUBA                                 | CUSIP: 03328UAJ1<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-O            | CORP              | KY        |   1750000 | PA      | $484050.00    | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Osttra 5/25 Cov-Lite TL                            | Osttra 5/25 Cov-Lite TL                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    382789 | PA      | $384703.10    | 0.09%             | 2032-05-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                        | ASURION, LLC TL                                    | CUSIP: 04649VAY6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1234999 | PA      | $1234245.48   | 0.28%             | 2027-07-31      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                                    | OAKC 2020-5A ER                                    | CUSIP: 67113NAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1010989.70   | 0.23%             | 2037-10-18      | Floating      | 9.73%                 | Yes           |                  2 | On Loan: No      |
| Magenta Buyer LLC (McAfee) Second Out TL (8/15/24) | Magenta Buyer LLC (McAfee) Second Out TL (8/15/24) | CUSIP: 55909UAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    383563 | PA      | $166082.63    | 0.04%             | 2028-07-27      | Floating      | 11.57%                | No            |                  2 | On Loan: No      |
| Achilles/OneDigital Health 1/25 TL                 | Achilles/OneDigital Health 1/25 TL                 | CUSIP: 68277FAN9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4066215 | PA      | $4061213.82   | 0.91%             | 2031-07-02      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Summit Companies 9/25 Cov-Lite Delayed TL          | Summit Companies 9/25 Cov-Lite Delayed TL          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     73384 | PA      | $73475.41     | 0.02%             | 2032-09-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                | MEDLINE BORROWER MEDIND 3 7/8 04/01/29             | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    727000 | PA      | $699737.50    | 0.16%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2022-4A INC                                   | CUSIP: 12567YAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2500000 | PA      | $1786775.00   | 0.40%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Alera Group 5/25 2nd Lien Cov-Lite TL              | Alera Group 5/25 2nd Lien Cov-Lite TL              | CUSIP: 01451PAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $770160.00    | 0.17%             | 2033-05-30      | Floating      | 9.66%                 | No            |                  2 | On Loan: No      |
| Groundworks 3/24 Cov-Lite TL                       | Groundworks 3/24 Cov-Lite TL                       | CUSIP: 39954EAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1482976 | PA      | $1482604.77   | 0.33%             | 2031-03-14      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Tectum Holdings/Truck Hero 9/23 Incremental TL     | Tectum Holdings/Truck Hero 9/23 Incremental TL     | CUSIP: 89778PAH0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    477661 | PA      | $443627.69    | 0.10%             | 2028-01-31      | Floating      | 9.28%                 | No            |                  2 | On Loan: No      |
| Summit Behavioral 8/25 First Out TL                | Summit Behavioral 8/25 First Out TL                | CUSIP: 86602KAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    177865 | PA      | $181644.95    | 0.04%             | 2029-12-31      | Floating      | 10.01%                | No            |                  2 | On Loan: No      |
| Scenic 7/25 (USD) TLB                              | Scenic 7/25 (USD) TLB                              | CUSIP: 78424SAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    617441 | PA      | $617440.93    | 0.14%             | 2032-08-18      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Clover CLO                                         | CLVR 2021-3A ER                                    | CUSIP: 18915FAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2005264.60   | 0.45%             | 2035-01-25      | Floating      | 9.22%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2016-20A SUB                                  | CUSIP: 55819UAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1740000 | PA      | $357813.60    | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2023-2A SUB                                   | CUSIP: 14318HAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4534341 | PA      | $3616971.27   | 0.81%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Grant Thornton 5/25 Incremental Cov-Lite TLB       | Grant Thornton 5/25 Incremental Cov-Lite TLB       | CUSIP: 38821UAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    458401 | PA      | $457346.26    | 0.10%             | 2031-06-02      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                     | Sabre GLBL Inc.TLB 1L                              | CUSIP: 78571YBH2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |     35466 | PA      | $32953.61     | 0.01%             | 2028-06-30      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Ufinet/Zacapa 10/24 TL                             | Ufinet/Zacapa 10/24 TL                             | CUSIP: L9901EAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3038572 | PA      | $3041610.47   | 0.68%             | 2029-03-22      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Belron 7/25 TLB                                    | Belron 7/25 TLB                                    | CUSIP: 08078UAN3<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   2739286 | PA      | $2751283.73   | 0.62%             | 2031-10-16      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Truist Insurance 5/24 2nd Lien TL                  | Truist Insurance 5/24 2nd Lien TL                  | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $762892.50    | 0.17%             | 2032-05-06      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Proofpoint 5/24 TL                                 | Proofpoint 5/24 TL                                 | CUSIP: 74345HAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1067726 | PA      | $1070512.45   | 0.24%             | 2028-08-31      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2021-20A SUB                                 | CUSIP: 03331QAE6<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-O            | CORP              | KY        |   1750000 | PA      | $689169.25    | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GEN II Fund Services 11/24 TLB                     | GEN II Fund Services 11/24 TLB                     | CUSIP: 69381MAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    518335 | PA      | $518117.73    | 0.12%             | 2031-11-26      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Harmony-Peace Park CLO                             | HPPK 2024-1A SUB                                   | CUSIP: 412914AC7<br>LEI: 2138009L3HEW9A8LDJ44 | Long             | ABS-O            | CORP              | JE        |   5275000 | PA      | $3925918.75   | 0.88%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Proofpoint 6/25 Add-On TL                          | Proofpoint 6/25 Add-On TL                          | CUSIP: 74345HAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     34695 | PA      | $34785.99     | 0.01%             | 2028-08-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                | ALTICE FINANCING ALTICE 5 3/4 08/15/29             | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1197000 | PA      | $900543.00    | 0.20%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CARESTREAM 10/22 EQUITY                            | CARESTREAM 10/22 EQUITY                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       873 | NS      | $1036.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Osmose Utilities 6/21 Cov-Lite TL                  | Osmose Utilities 6/21 Cov-Lite TL                  | CUSIP: 68835HAH3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $472815.00    | 0.11%             | 2028-06-23      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Regatta XIX Funding Ltd                            | REG19 2022-1A SUB                                  | CUSIP: 75888CAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  10017000 | PA      | $6369008.94   | 1.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                     | APID 2024-48A SUB                                  | CUSIP: 03770XAE9<br>LEI: 25490046M6DC4604K633 | Long             | ABS-O            | CORP              | JE        |   9000000 | PA      | $6582600.00   | 1.48%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nyack Park CLO, Ltd.                               | NYKPK 2021-1A SUB                                  | CUSIP: 67080QAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1358700 | PA      | $727053.96    | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2020-2A INC                                   | CUSIP: 12547KAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $563840.00    | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| COVETRUS INC                                       | CORGI BIDCO, INC. TL 1L                            | CUSIP: 22304EAC0<br>LEI: 5493009S30DUFCF75V87 | Long             | LON              | CORP              | US        |   1219738 | PA      | $1085567.18   | 0.24%             | 2029-10-13      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| Styrolution/Ineos Quattro 11/23 Cov-Lite TLB       | Styrolution/Ineos Quattro 11/23 Cov-Lite TLB       | CUSIP: G4770MAL8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1388260 | PA      | $1250585.99   | 0.28%             | 2029-04-02      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | MDPK 2021-48A E                                    | CUSIP: 55821WAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1502569.80   | 0.34%             | 2033-04-19      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                     | CGMS 2021-10A SUB                                  | CUSIP: 14318EAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3750000 | PA      | $1665098.63   | 0.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Alera Group 5/25 Cov-Lite TL                       | Alera Group 5/25 Cov-Lite TL                       | CUSIP: 01451PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1189995 | PA      | $1193886.66   | 0.27%             | 2032-05-30      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Zelis/RedCard 10/24 TLB                            | Zelis/RedCard 10/24 TLB                            | CUSIP: 98932TAH6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    780821 | PA      | $780431.05    | 0.18%             | 2031-11-26      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                     | GRAY MEDIA GTN 5 3/8 11/15/31                      | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    750000 | PA      | $563437.50    | 0.13%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Endo Pharmaceuticals 10/24 TLB                     | Endo Pharmaceuticals 10/24 TLB                     | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    650210 | PA      | $651158.88    | 0.15%             | 2031-04-23      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                           | NEUB 2024-57A E                                    | CUSIP: 64135YAA7<br>LEI: 2549000I5N6JRKAGRP48 | Long             | ABS-CBDO         | CORP              | KY        |   1875000 | PA      | $1902742.50   | 0.43%             | 2038-10-24      | Floating      | 9.82%                 | Yes           |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2021-21A ER                                  | CUSIP: 03331LAJ6<br>LEI: 54930063NKPB83QNUF90 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1984593.80   | 0.45%             | 2034-10-20      | Floating      | 10.58%                | Yes           |                  2 | On Loan: No      |
| Baldwin Insurance 9/25 Cov-Lite TLB2               | Baldwin Insurance 9/25 Cov-Lite TLB2               | CUSIP: 05825HAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1851788 | PA      | $1850251.48   | 0.42%             | 2031-05-26      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                                      | EW SCRIPPS SSP 9 7/8 08/15/30                      | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |    580000 | PA      | $544475.00    | 0.12%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                          | ANCHC 2015-6A ER4                                  | CUSIP: 03328RBA6<br>LEI: 54930064GO7DB3TVDY21 | Long             | ABS-CBDO         | CORP              | KY        |   1765000 | PA      | $1745774.03   | 0.39%             | 2038-07-22      | Floating      | 10.42%                | Yes           |                  2 | On Loan: No      |
| Transdigm, Inc. 11/23 TLJ                          | Transdigm, Inc. 11/23 TLJ                          | CUSIP: 89364MCA0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1072000 | PA      | $1071303.58   | 0.24%             | 2031-02-28      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                   | Altice France S.A., TL                             | CUSIP: F6628DAN4<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |   1698712 | PA      | $1639256.83   | 0.37%             | 2028-08-15      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                     | BSP 2022-28A ER                                    | CUSIP: 08181RAE4<br>LEI: 549300VHDAICRAGZNJ35 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2001755.20   | 0.45%             | 2037-10-20      | Floating      | 9.73%                 | Yes           |                  2 | On Loan: No      |
| Kaseya 3/25 Cov-Lite TL                            | Kaseya 3/25 Cov-Lite TL                            | CUSIP: 48578AAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1459714 | PA      | $1461042.68   | 0.33%             | 2032-03-20      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                           | OLYMPUS WTR HLDG SOLEIN 7 1/4 02/15/33             | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    426000 | PA      | $426275.04    | 0.10%             | 2033-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Needle Exit TL                                     | Needle Exit TL                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    119194 | PA      | $28606.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                   | CIFC 2019-5A ER2                                   | CUSIP: 12555GAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999862.30    | 0.22%             | 2038-10-15      | Floating      | 8.99%                 | Yes           |                  2 | On Loan: No      |
| SPX Flow 7/25 Cov-Lite TL                          | SPX Flow 7/25 Cov-Lite TL                          | CUSIP: 78470DAW8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1997847 | PA      | $2005338.77   | 0.45%             | 2029-04-05      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Staples 5/24 Cov-Lite TLB                          | Staples 5/24 Cov-Lite TLB                          | CUSIP: 855031AU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    269011 | PA      | $254513.53    | 0.06%             | 2029-09-04      | Floating      | 10.05%                | No            |                  2 | On Loan: No      |
| Brand Energy/BrandSafway 4/24 TLB                  | Brand Energy/BrandSafway 4/24 TLB                  | CUSIP: 10524MAS6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1883832 | PA      | $1702983.82   | 0.38%             | 2030-08-01      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TRUST

**Signature:** Derek Mullins

**Name of Signer:** Derek Mullins

**Title:** Principal Financial Officer