# EDGAR Filing Document

**Accession Number:** 0001676197
**File Stem:** 0001752724-23-046137
**Filing Date:** 2023-2
**Character Count:** 106475
**Document Hash:** 3bd8dc55c413ebdb18b16f586fa8be3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046137.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Apollo Diversified Credit Fund
- **CENTRAL INDEX KEY:** 0001676197
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23159
- **FILM NUMBER:** 23681976

**BUSINESS ADDRESS:**
- **STREET 1:** APOLLO CAPITAL CREDIT ADVISER, LLC
- **STREET 2:** 9 W 57TH ST
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** APOLLO CAPITAL CREDIT ADVISER, LLC
- **STREET 2:** 9 W 57TH ST
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Griffin Institutional Access Credit Fund
- **DATE OF NAME CHANGE:** 20161027

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Griffin-Bain Institutional Access Credit Fund
- **DATE OF NAME CHANGE:** 20161021

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Griffin Institutional Access Global Credit Fund
- **DATE OF NAME CHANGE:** 20160602

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** APOLLO DIVERSIFIED CREDIT FUND

- **b. Investment Company Act file number:** 811-23159

- **c. CIK number of Registrant:** 0001676197

- **d. LEI of Registrant:** 549300OM28GL3UQRWD92

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

  - **Street Address 1:** 9 W 57th St

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 8889262688

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

- **a. Name of Series:** Apollo Diversified Credit Fund

- **c. LEI of Series:** 549300OM28GL3UQRWD92

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $854286093.45

**Total Liabilities:** $300083581.44

**Net Assets:** $554202512.01

**Cash Not Reported:** $49878873.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 1055.41679600 | **5-Year:** 6931.66563700 | **10-Year:** 2644.32370200 | **30-Year:** 1382.79292200

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

- **3-Month:** 6.85268800 | **1-Year:** 16408.13293300 | **5-Year:** 119721.42882000 | **10-Year:** 33645.08236000 | **30-Year:** 1353.49587300

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.28%                | 1.67%                | -0.11%               |
| Class ID N/A | 1.41%                | 1.84%                | 0.14%                |
| Class ID N/A | 1.28%                | 1.67%                | -0.06%               |
| Class ID N/A | 1.28%                | 1.67%                | -0.11%               |
| Class ID N/A | 1.28%                | 1.67%                | -0.11%               |
| Class ID N/A | 1.28%                | 1.67%                | -0.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2852576.49             | $7467305.63                                |
| Month 2  | $-741863.24              | $8649779.09                                |
| Month 3  | $-878477.67              | $-2914580.44                               |

### Schedule of Portfolio Investments

| Name                                                                     | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| National Mentor Holdings                                                 | National Mentor Holdings, Inc., Second Lien Initial Term Loan                   | CUSIP: 63689EAW5<br>LEI: 5493004QULJVJP3CNZ62 | Long             | LON              | CORP              | US        |   1609442 | PA      | $1072290.64   | 0.19%             | 2029-03-02      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| Coretrust Purchasing Group LLC (HPG Enterprises LLC)                     | CORETRUST RC SOFR+675 09/30/29, First Lien Revolver Loan Term Loan              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    789474 | PA      | $765789.48    | 0.14%             | 2029-09-30      | Floating      | 0.50%                 | No            |                  3 | On Loan: No      |
| Armstrong Bidco Limited                                                  | Access Group PIK, First Lien Delayed Draw Term Loan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |   2057000 | PA      | $2449520.04   | 0.44%             | 2029-06-28      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| Zoro Bidco, Inc.                                                         | Zendesk DD Backstop, First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3695652 | PA      | $3621739.13   | 0.65%             | 2049-12-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | AUCTANE, INC., TL                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  10000000 | PA      | $10000000.00  | 1.80%             | 2028-10-05      | Floating      | 9.82%                 | No            |                  3 | On Loan: No      |
| Auris Luxembourg III S.a r.l.                                            | Auris Luxembourg III SARL, First Lien Facility B1A Term Loan                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    795720 | PA      | $768117.78    | 0.14%             | 2026-02-27      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Aegion Corp                                                              | Aegion Corp., First Lien Initial Term Loan                                      | CUSIP: 00771PAJ0<br>LEI: 549300AG3DVJURRIT691 | Long             | LON              | CORP              | US        |    526992 | PA      | $493833.62    | 0.09%             | 2028-05-17      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty Group                                                     | Ryan Specialty Group LLC                                                        | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4363207.00   | 0.79%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Scientific Games Holdin                                                  | Scientific Games Holdings LP, First Lien Term Loan                              | CUSIP: 80875CAB3<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |   4000000 | PA      | $3824380.00   | 0.69%             | 2029-04-04      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Trident Bidco Limited                                                    | Acuity, First Lien Delayed Draw Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1137500 | PA      | $1109062.50   | 0.20%             | 2029-06-07      | Floating      | 9.07%                 | No            |                  3 | On Loan: No      |
| Tory Burch LLC                                                           | Tory Burch LLC, First Lien Initial B Term Loan                                  | CUSIP: 89148GAF7<br>LEI: 549300GGL74W33KY2650 | Long             | LON              | CORP              | US        |   4409697 | PA      | $4086334.33   | 0.74%             | 2028-04-16      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| Rainbow Finco S. a r.l.                                                  | Rainbow Finco SARL, First Lien Term Loan                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |   1493490 | PA      | $1601309.37   | 0.29%             | 2029-02-24      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Anarafe Slu                                                              | Anarafe SL                                                                      | CUSIP: BT5230342<br>LEI: 959800AW60HWZ3N4R995 | Long             | DBT              | CORP              | ES        |    852217 | PA      | $620331.89    | 0.11%             | 2026-03-31      | Floating      | 12.94%                | Yes           |                  2 | On Loan: No      |
| Zacapa S.a r.l.                                                          | Zacapa SARL, First Lien B Term Loan                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3482708 | PA      | $3356094.09   | 0.61%             | 2029-03-22      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Rolls-royce Plc                                                          | Rolls-Royce PLC                                                                 | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    419000 | PA      | $398486.47    | 0.07%             | 2027-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Associations Inc.                                                        | Associations Inc., PIK, First Lien Term Loan                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3038246 | PA      | $3038246.12   | 0.55%             | 2027-07-02      | Floating      | 10.36%                | No            |                  3 | On Loan: No      |
| Novaria Holdings Llc                                                     | Novaria Holdings LLC, First Lien Initial Term Loan                              | CUSIP: 66989BAF8<br>LEI: 549300LFE5UTEWEMQJ77 | Long             | LON              | CORP              | US        |   1529176 | PA      | $1382634.92   | 0.25%             | 2027-01-27      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| IBG Borrower LLC                                                         | Iconix, First Lien Term Loan                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2461538 | PA      | $2400000.00   | 0.43%             | 2029-08-22      | Floating      | 9.70%                 | No            |                  3 | On Loan: No      |
| Cifc European Funding Clo                                                | CIFC European Funding CLO IV DAC                                                | CUSIP: BCC313L03<br>LEI: 6354004PQUAJERUBIO61 | Long             | ABS-CBDO         | CORP              | IE        |   1020000 | PA      | $851895.82    | 0.15%             | 2035-08-18      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| Irb Holding Corp                                                         | IRB Holding Corp., First Lien 2020 Replacement B Term Loan                      | CUSIP: 44988LAF4<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   3946531 | PA      | $3917543.57   | 0.71%             | 2025-02-05      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                     | NCL Corporation Unsecured Notes Bridge, Term Loan                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   8250000 | PA      | $8250000.00   | 1.49%             | 2023-03-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Bahia De Las Isletas, S.L.                                               | Bahia De Las Isletas A3                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |       294 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                      | MRO HOLDINGS, INC., TL                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  10000000 | PA      | $9950000.00   | 1.80%             | 2028-12-18      | Floating      | 10.99%                | No            |                  3 | On Loan: No      |
| Life Time Inc                                                            | Life Time, Inc.                                                                 | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6969375.00   | 1.26%             | 2026-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| AMH Litigation Trust                                                     | AMH Litigation Trust, First Lien Delayed Draw Term Loan                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      1044 | PA      | $0.00         | 0.00%             | 2025-06-06      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Anchorage Credit Funding Ltd.                                            | Anchorage Credit Funding 13, Ltd.                                               | CUSIP: 03290BAE8<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-O            | CORP              | KY        |    850000 | PA      | $543244.92    | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Freddie Mac - Stacr                                                      | Freddie Mac STACR REMIC Trust 2022-DNA3                                         | CUSIP: 35564KWA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1900637.60   | 0.34%             | 2042-04-25      | Floating      | 9.58%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                      | OCALA BIDCO, INC., TL                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    103449 | PA      | $97759.49     | 0.02%             | 2033-11-25      | Floating      | 15.20%                | No            |                  3 | On Loan: No      |
| Petco Health & Wellness                                                  | Petco Health & Wellness Co., Inc., First Lien Term Loan                         | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |   9949495 | PA      | $9672799.49   | 1.75%             | 2028-03-04      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Ascena Retail Group Inc                                                  | Mahwah Bergen Retail Group, Inc., First Lien Tranche B Term Loan                | CUSIP: 04349TAF5<br>LEI: 549300315OFTD1VN3V49 | Long             | LON              | CORP              | US        |   1435369 | PA      | $3588.42      | 0.00%             | 2022-08-21      | Floating      | 5.25%                 | No            |                  3 | On Loan: No      |
| Charter Comm Opt Llc/cap                                                 | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CE2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $2429164.69   | 0.44%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | Playa Hotels & Resorts B.V., TLB                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |   3776978 | PA      | $3688861.10   | 0.67%             | 2028-11-23      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Alliant Hold / Co-issuer                                                 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer                 | CUSIP: 01883LAA1<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   6429000 | PA      | $5790343.14   | 1.04%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Tekni-Plex, Inc.                                                         | Tekni-Plex, Inc., First Lien Term Loan                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1247306 | PA      | $1202870.72   | 0.22%             | 2028-09-15      | Floating      | 9.34%                 | No            |                  2 | On Loan: No      |
| OVG Business Services, LLC                                               | OVG Business Services, LLC, First Lien Term Loan                                | CUSIP: 62955EAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3029688 | PA      | $2938797.26   | 0.53%             | 2028-11-20      | Floating      | 10.64%                | No            |                  3 | On Loan: No      |
| Cincinnati Bell Inc                                                      | Cincinnati Bell, Inc., First Lien Term Loan                                     | CUSIP: 17187MAS9<br>LEI: 549300JYVZOCUJOHL272 | Long             | LON              | CORP              | US        |    685939 | PA      | $674964.33    | 0.12%             | 2028-11-23      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                                  | Royal Caribbean Cruises, Ltd.                                                   | CUSIP: 780153BR2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1600000 | PA      | $1646160.00   | 0.30%             | 2029-01-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Srs Distribution Inc                                                     | SRS Distribution, Inc., First Lien Term Loan                                    | CUSIP: 78466YAQ1<br>LEI: 549300ZQ3XP75BCYM468 | Long             | LON              | CORP              | US        |    319833 | PA      | $306440.02    | 0.06%             | 2028-06-04      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Cloud Software Grp Holdg                                                 | Cloud Software Group Holdings, Inc.                                             | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3535000 | PA      | $2991389.29   | 0.54%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Athenahealth Group Inc                                                   | AthenaHealth Group, Inc., First Lien Term Loan                                  | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   9022112 | PA      | $8168259.49   | 1.47%             | 2029-02-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| GBT Group Services B.V.                                                  | GBT Group Services, First Lien Term Loan                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  15000000 | PA      | $14943750.00  | 2.70%             | 2026-12-02      | Floating      | 11.24%                | No            |                  2 | On Loan: No      |
| Medline Borrower Lp                                                      | Medline Borrower LP                                                             | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $8072100.00   | 1.46%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Peraton Corp.                                                            | Peraton Corp., First Lien B Term Loan                                           | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   6471716 | PA      | $6331506.44   | 1.14%             | 2028-02-01      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                                    | Bausch Health Cos., Inc.                                                        | CUSIP: 91911KAN2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    332000 | PA      | $282503.78    | 0.05%             | 2025-11-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Bahia De Las Isletas, S.L.                                               | Bahia De Las Isletas A2                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      1696 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Trident Bidco Limited                                                    | Acuity, First Lien Term Loan                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6362500 | PA      | $6203437.50   | 1.12%             | 2029-06-07      | Floating      | 9.10%                 | No            |                  3 | On Loan: No      |
| Aimbridge Acquisition Co                                                 | Aimbridge Acquisition Co., Inc., First Lien Initial (2019) Term Loan            | CUSIP: 00900YAD8<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |   1171342 | PA      | $1069950.92   | 0.19%             | 2026-02-02      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | HOWDEN TL SOFR+525 11/12/27 DLR DRCT                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6702857 | PA      | $6568800.03   | 1.19%             | 2027-11-12      | Floating      | 9.34%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | TIBCO SOFTWARE INC., TL                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  10000000 | PA      | $8912500.00   | 1.61%             | 2028-09-29      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Cab                                                                      | CAB SELAS                                                                       | CUSIP: BN7192352<br>LEI: 9695008EGX5O9K1MS743 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $2590861.71   | 0.47%             | 2028-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Playpower, Inc.                                                          | Playpower, Inc., First Lien Initial Term Loan                                   | CUSIP: 72813NAU9<br>LEI: 549300SUBBD4NQQD2G45 | Long             | LON              | CORP              | US        |   1449818 | PA      | $1112735.11   | 0.20%             | 2026-05-08      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Bruin Blocker LLC                                                        | Bruin Blocker LLC                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     27864 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Phoenix Newco Inc                                                        | Phoenix Newco, Inc., First Lien Term Loan                                       | CUSIP: 71911KAC8<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |   2296277 | PA      | $2216550.13   | 0.40%             | 2028-11-15      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 53 Ltd                                       | Octagon 53, Ltd.                                                                | CUSIP: 67592UAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1720258.00   | 0.31%             | 2034-04-15      | Floating      | 10.58%                | Yes           |                  2 | On Loan: No      |
| Galaxy US Opco Inc.                                                      | Galaxy US Opco Inc., First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3000000 | PA      | $2722500.00   | 0.49%             | 2029-04-29      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| Allegiant Travel Co                                                      | Allegiant Travel Co.                                                            | CUSIP: 01748XAC6<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |   3722000 | PA      | $3724481.46   | 0.67%             | 2024-02-05      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Guitar Center Inc                                                        | Guitar Center, Inc.                                                             | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7501000 | PA      | $6218779.06   | 1.12%             | 2026-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.) | Neptune Husky US Bidco, LLC, First Lien Term Loan                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |   3816066 | PA      | $3052852.46   | 0.55%             | 2029-01-03      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| Logix Holding Co Llc                                                     | LOGIX Holding Company LLC, First Lien Initial Term Loan                         | CUSIP: 54142EAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    251912 | PA      | $207827.15    | 0.04%             | 2024-12-22      | Floating      | 9.82%                 | No            |                  3 | On Loan: No      |
| Runner Buyer Inc                                                         | Runner Buyer, Inc., First Lien Term Loan                                        | CUSIP: 78158EAB1<br>LEI: 254900E5ZZEMZBPZV203 | Long             | LON              | CORP              | US        |   1282224 | PA      | $910379.20    | 0.16%             | 2028-10-21      | Floating      | 10.23%                | No            |                  3 | On Loan: No      |
| Moss Creek Resources Hld                                                 | Moss Creek Resources Holdings, Inc.                                             | CUSIP: 61965RAB1<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9506000.00   | 1.72%             | 2027-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Project Ruby Ultimate Parent Corp.                                       | Project Ruby Ultimate Parent Corp., First Lien Term Loan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5000000 | PA      | $4850000.00   | 0.88%             | 2028-03-10      | Floating      | 9.84%                 | No            |                  3 | On Loan: No      |
| Advantage Sales & Market                                                 | Advantage Sales & Marketing, Inc.                                               | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $5737387.50   | 1.04%             | 2028-11-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Edelman Financial Center                                                 | Edelman Financial Engines Center LLC, First Lien Term Loan                      | CUSIP: 27943UAK2<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   2900222 | PA      | $2713882.42   | 0.49%             | 2028-04-07      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Anaplan, Inc.                                                            | Anaplan Inc., First Lien Delayed Draw Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    582452 | PA      | $570802.90    | 0.10%             | 2028-06-21      | Floating      | 0.50%                 | No            |                  3 | On Loan: No      |
| Aimbridge Acquisition Co                                                 | Aimbridge Acquisition Co., Inc., First Lien 2021 Term Loan                      | CUSIP: 00900YAE6<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |    139129 | PA      | $127781.27    | 0.02%             | 2026-02-02      | Floating      | 9.10%                 | No            |                  2 | On Loan: No      |
| Getty Images, Inc.                                                       | Getty Images, Inc., First Lien Initial Euro Term Loan                           | CUSIP: 37427UAK6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    290568 | PA      | $308705.09    | 0.06%             | 2026-02-19      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Chesapeake Energy Corp                                                   | Chesapeake Energy Corp.                                                         | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1425051.60   | 0.26%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PureWest Energy, LLC (Up Energy LLC)                                     | PureWest LLC Common                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     72777 | NS      | $1473734.25   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilbao Clo                                                               | Bilbao CLO II DAC                                                               | CUSIP: N/A<br>LEI: 6354005WQLZBA5LJUW27       | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $1742448.54   | 0.31%             | 2035-08-20      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Fertitta Entertainment LLC/NV                                            | Ferititta Entertainment, LLC, First Lien Term Loan                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5495690 | PA      | $5236046.50   | 0.94%             | 2029-01-27      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Ca Magnum Holdings                                                       | CA Magnum Holdings                                                              | CUSIP: 12674CAA1<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |   4899000 | PA      | $4470337.50   | 0.81%             | 2026-10-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| AMH Litigation Trust                                                     | AMH Litigation Trust, First Lien Delayed Draw Term Loan                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      1118 | PA      | $0.00         | 0.00%             | 2025-06-08      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Bahia De Las Isletas, S.L.                                               | Bahia De Las Isletas B3                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |       375 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| K Hovnanian Enterprises                                                  | K Hovnanian Enterprises, Inc.                                                   | CUSIP: 48251UAF5<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   8112000 | PA      | $7915645.80   | 1.43%             | 2026-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Trident Tpi Holdings Inc                                                 | Trident TPI Holdings, Inc., First Lien Delayed Draw Term Loan                   | CUSIP: 00216EAF6<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    420858 | PA      | $405151.91    | 0.07%             | 2028-09-17      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                     | NCL Corporation Secured Notes Bridge, First Lien Term Loan                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6750000 | PA      | $6750000.00   | 1.22%             | 2023-03-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Anaplan, Inc.                                                            | Anaplan Inc., First Lien Term Loan                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   9417548 | PA      | $9229197.10   | 1.67%             | 2029-06-21      | Floating      | 10.59%                | No            |                  3 | On Loan: No      |
| LSCS Holdings, Inc. (dba Eversana)                                       | LSCS Holdings/Eversana 11/21, First Lien Term Loan                              | CUSIP: 50219NAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3684164 | PA      | $3529889.93   | 0.64%             | 2028-12-16      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Truck Hero, Inc.                                                         | Truck Hero, Inc., First Lien Initial Term Loan                                  | CUSIP: 89778PAG2<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |   2524381 | PA      | $2175700.88   | 0.39%             | 2028-01-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Center                                                 | Edelman Financial Engines Center LLC, Second Lien Term Loan                     | CUSIP: 27943TAB5<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   2500000 | PA      | $2260487.50   | 0.41%             | 2026-07-20      | Floating      | 10.82%                | No            |                  2 | On Loan: No      |
| Polaris Newco Llc                                                        | Polaris Newco LLC, First Lien Term Loan                                         | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   4164856 | PA      | $3810843.08   | 0.69%             | 2028-06-04      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Servi                                                 | Mavis Tire Express Services Topco Corp., First Lien Initial Term Loan           | CUSIP: 57777YAB2<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |   5353528 | PA      | $5121211.61   | 0.92%             | 2028-05-04      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                                        | DCert Buyer, Inc., First Lien Initial Term Loan                                 | CUSIP: 24022KAB5<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |   3481900 | PA      | $3371227.78   | 0.61%             | 2026-10-16      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| Comet Bidco Ltd                                                          | Comet Bidco, Ltd., First Lien Facility B2 Term Loan                             | CUSIP: G2300HAB4<br>LEI: 213800GG9JVA975FIA21 | Long             | LON              | CORP              | GB        |   2217134 | PA      | $1578322.18   | 0.28%             | 2024-10-06      | Floating      | 10.20%                | No            |                  2 | On Loan: No      |
| Radar Bidco S.a.r.l.                                                     | Radar Bidco SARL TL, First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |  11000000 | PA      | $11480533.94  | 2.07%             | 2027-09-28      | Floating      | 8.44%                 | No            |                  3 | On Loan: No      |
| Lbm Acquisition Llc                                                      | LBM Acquisition LLC, First Lien Term Loan                                       | CUSIP: 50179JAB4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |   4814950 | PA      | $4195796.00   | 0.76%             | 2027-12-18      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Apex Group                                                               | APEX GROUP TREASURY LLC, TLB                                                    | CUSIP: G0472CAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4687500 | PA      | $4570312.50   | 0.82%             | 2028-07-27      | Floating      | 9.33%                 | No            |                  3 | On Loan: No      |
| Sovos Compliance Llc                                                     | Sovos Compliance LLC, First Lien Initial Term Loan                              | CUSIP: 84611YAB6<br>LEI: 549300M9XYG5WP2QHH07 | Long             | LON              | CORP              | US        |   4541564 | PA      | $4195269.57   | 0.76%             | 2028-08-12      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | Owl Rock Core Income                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  18181818 | PA      | $17727272.73  | 3.20%             | 2049-12-31      | Floating      | 11.21%                | No            |                  3 | On Loan: No      |
| Vertex Aerospace Services Corp.                                          | Vertex Aerospace Services Corp., First Lien Term Loan                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    788245 | PA      | $783073.68    | 0.14%             | 2028-12-06      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc.                                                           | RealPage, Inc., First Lien Initial Term Loan                                    | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   6399088 | PA      | $6098330.92   | 1.10%             | 2028-04-24      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| SPX Flow, Inc.                                                           | SPX FLOW, Inc., First Lien Term Loan                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4000000 | PA      | $3746440.00   | 0.68%             | 2029-04-05      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| Cco Hldgs Llc/cap Corp                                                   | CCO Holdings LLC / CCO Holdings Capital Corp.                                   | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1921900.00   | 0.35%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Vmed O2 Uk Finan                                                         | Vmed O2 UK Financing I PLC                                                      | CUSIP: BQ1812982<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   6026000 | PA      | $5596102.21   | 1.01%             | 2031-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| William Morris Endeavor En                                               | William Morris Endeavor Entertainment LLC, First Lien B-1 Term Loan             | CUSIP: 96925HAF9<br>LEI: 5493008R7J9HEQ30DZ33 | Long             | LON              | CORP              | US        |   1206534 | PA      | $1183609.60   | 0.21%             | 2025-05-18      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Atlas Luxco 4 / All Uni                                                  | Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl   | CUSIP: 019579AA9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6192000.00   | 1.12%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Marriott Ownership Resor                                                 | Marriott Ownership Resorts, Inc.                                                | CUSIP: 57164PAG1<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5147812.50   | 0.93%             | 2025-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Central Parent Inc                                                       | CDK Global, Inc., First Lien Term Loan                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3846154 | PA      | $3817961.69   | 0.69%             | 2029-07-06      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| Trident Tpi Holdings Inc                                                 | Tekni-Plex, Inc., First Lien Tranche B-3 Initial Term Loan                      | CUSIP: 00216EAE9<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |   2954215 | PA      | $2843963.28   | 0.51%             | 2028-09-17      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Ahlstrom-Munksjo Holding 3 Oy (SpA Holdings 3 Oy)                        | Spa Holdings 3 Oy, First Lien Term Loan                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | FI        |   1000000 | PA      | $960000.00    | 0.17%             | 2028-02-04      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Basswood Park Clo Ltd                                                    | Basswood Park CLO, Ltd.                                                         | CUSIP: 07025AAA1<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1770212.00   | 0.32%             | 2034-04-20      | Floating      | 10.39%                | Yes           |                  2 | On Loan: No      |
| Flexera Software Llc                                                     | Flexera Software LLC, First Lien Term Loan                                      | CUSIP: 33937KAV6<br>LEI: FHBIRN3K4PSRU4ZOQQ49 | Long             | LON              | CORP              | US        |   3469901 | PA      | $3338704.51   | 0.60%             | 2028-03-03      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Altice France Sa                                                         | Altice France SA                                                                | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |  10000000 | PA      | $7636000.00   | 1.38%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Pro Mach Group Inc                                                       | Pro Mach Group, Inc., First Lien Closing Date Initial Term Loan                 | CUSIP: 74273JAE3<br>LEI: 5493008SZGSVUCSNB151 | Long             | LON              | CORP              | US        |   1527670 | PA      | $1489287.34   | 0.27%             | 2028-08-31      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Bahia De Las Isletas, S.L.                                               | Bahia De Las Isletas B2                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      2162 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                          | ABG Intermediate Holdings 2, First Lien Term Loan                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3621011 | PA      | $3514644.05   | 0.63%             | 2028-12-21      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | PROJECT DOLPHIN TLB SONIA+650 11/18/29                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |   5000000 | PA      | $5878548.29   | 1.06%             | 2029-11-18      | Floating      | 7.00%                 | No            |                  3 | On Loan: No      |
| Oscar Acquisitionco, LLC                                                 | Oscar Acquisitionco, LLC, First Lien Term Loan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    921947 | PA      | $875278.47    | 0.16%             | 2029-04-29      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu                                                 | Venture Global Calcasieu Pass LLC                                               | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4083800.00   | 0.74%             | 2033-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Deerfield Dakota Holding                                                 | Deerfield Dakota Holding LLC, First Lien Term Loan                              | CUSIP: 24440EAB3<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |   3979644 | PA      | $3726578.21   | 0.67%             | 2027-04-09      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| Ukg Inc                                                                  | UKG, Inc., First Lien Initial Term Loan                                         | CUSIP: 90385KAB7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   3482051 | PA      | $3363905.28   | 0.61%             | 2026-05-04      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Digital Media Solutions                                                  | Digital Media Solutions LLC, First Lien Initial Term Loan                       | CUSIP: 25401HAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    845165 | PA      | $722616.47    | 0.13%             | 2026-05-25      | Floating      | 8.67%                 | No            |                  3 | On Loan: No      |
| Frontier Communications                                                  | Frontier Communications Holdings LLC                                            | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10213906.50  | 1.84%             | 2030-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Varsity Brands Holding Co., Inc.                                         | Varsity Brands Holding Tlb, First Lien Term Loan                                | CUSIP: N/A<br>LEI: 549300YOKDS0ZSYJRX81       | Long             | LON              | CORP              | US        |   1612577 | PA      | $1558756.98   | 0.28%             | 2024-12-16      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises                                                  | Royal Caribbean Cruises, Ltd.                                                   | CUSIP: 780153BS0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   3400000 | PA      | $3421250.00   | 0.62%             | 2029-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Primary Products Finance                                                 | Primary Products Finance LLC, First Lien Term Loan                              | CUSIP: 74167NAC7<br>LEI: 549300D4W5WVUVR3LC81 | Long             | LON              | CORP              | US        |   2544043 | PA      | $2507255.79   | 0.45%             | 2029-04-01      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| Athenahealth Group Inc                                                   | AthenaHealth Group, Inc., First Lien Delayed Draw Term Loan                     | CUSIP: 04686RAC7<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   1533004 | PA      | $1387920.57   | 0.25%             | 2029-02-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Avient Corp                                                              | Avient Corp.                                                                    | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4417000.00   | 0.80%             | 2030-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| R. R. Donnelley & Sons Company                                           | R.R. Donnelley & Sons Co, First Lien Term Loan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7425000 | PA      | $7276500.00   | 1.31%             | 2026-11-01      | Floating      | 10.44%                | No            |                  3 | On Loan: No      |
| Srs Distribution Inc                                                     | SRS Distribution, Inc., First Lien 2021 Refinancing Term Loan                   | CUSIP: 78466YAN8<br>LEI: 549300ZQ3XP75BCYM468 | Long             | LON              | CORP              | US        |   2146197 | PA      | $2057097.58   | 0.37%             | 2028-06-04      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Lorca Telecom Bondco                                                     | Lorca Telecom Bondco SA                                                         | CUSIP: N/A<br>LEI: 9598004HFBAS82YM7X35       | Long             | DBT              | CORP              | ES        |   5876000 | PA      | $5656098.32   | 1.02%             | 2027-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer Lp                                                       | Energy Transfer LP                                                              | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6468750.00   | 1.17%             | 2169-11-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Trident TPI Holdings, Inc.                                               | Trident TPI Holdings, Inc., First Lien Tranche B-1 Term Loan                    | CUSIP: 00216EAB5<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    546358 | PA      | $540978.98    | 0.10%             | 2024-10-17      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Olympus Wtr Us Hldg Corp                                                 | Olympus Water US Holding Corp., First Lien B Term Loan                          | CUSIP: 68163YAB1<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |   3979172 | PA      | $3830510.19   | 0.69%             | 2028-11-09      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Milltown Park Clo                                                        | Milltown Park CLO DAC                                                           | CUSIP: BCC2GH7W4<br>LEI: 549300WOFNX2UXMKR111 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $244750.26    | 0.04%             | 2031-01-15      | Floating      | 3.18%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                      | KEYSTONE ACQ TL SOFR+650 01/26/29                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   9000000 | PA      | $8685000.00   | 1.57%             | 2029-01-26      | Floating      | 10.59%                | No            |                  3 | On Loan: No      |
| Palmer Square Clo Ltd                                                    | Palmer Square CLO 2021-1, Ltd.                                                  | CUSIP: 69701WAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $508364.45    | 0.09%             | 2034-04-20      | Floating      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| Cornerstone Ondemand Inc                                                 | Cornerstone OnDemand, Inc., First Lien Initial Term Loan                        | CUSIP: 86803YAB9<br>LEI: 549300Z402F16H5EGH48 | Long             | LON              | CORP              | US        |   3104949 | PA      | $2786691.84   | 0.50%             | 2028-10-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Genesis Care Finance Pty Ltd                                             | Genesis Care Finance Pty, Ltd., First Lien Facility B5 Term Loan                | CUSIP: N/A<br>LEI: 549300DP8DMJSJHJ2Q65       | Long             | LON              | CORP              | GB        |   1268407 | PA      | $463761.32    | 0.08%             | 2027-05-14      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| Advarra Holdings, Inc.                                                   | Advarra Holdings, Inc., First Lien Term Loan                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  13756820 | PA      | $13516075.17  | 2.44%             | 2029-08-24      | Floating      | 10.15%                | No            |                  3 | On Loan: No      |
| N/A                                                                      | PRO MACH GROUP, INC., TLB                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    122612 | PA      | $118320.58    | 0.02%             | 2028-08-31      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Armstrong Bidco Limited                                                  | Access Group PIK, First Lien Term Loan                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |   3943000 | PA      | $4695409.59   | 0.85%             | 2029-06-28      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| Cimpress Plc                                                             | Cimpress PLC                                                                    | CUSIP: 17186HAC6<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    875000 | PA      | $605434.38    | 0.11%             | 2026-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp                                                            | Carnival Corp.                                                                  | CUSIP: N/A<br>LEI: F1OF2ZSX47CR0BCWA982       | Long             | DBT              | CORP              | PA        |   5000000 | PA      | $5022868.75   | 0.91%             | 2026-02-01      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Anchorage Credit Funding Ltd.                                            | Anchorage Credit Funding 14, Ltd.                                               | CUSIP: 03331CAA5<br>LEI: 5493004401VVOEJOJK67 | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $685630.40    | 0.12%             | 2040-01-21      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Electronics for Imaging, Inc.                                            | Electronics for Imaging, Inc., First Lien Initial Term Loan                     | CUSIP: 28608EAE6<br>LEI: 549300PN42C4XYPSEV84 | Long             | LON              | CORP              | US        |   2945191 | PA      | $1983983.71   | 0.36%             | 2026-07-23      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                          | ABG Intermediate Holdings 2, Second Lien Term Loan                              | CUSIP: N/A<br>LEI: 54930020NXD0RJB64985       | Long             | LON              | CORP              | US        |    341398 | PA      | $313659.27    | 0.06%             | 2029-12-20      | Floating      | 10.19%                | No            |                  2 | On Loan: No      |
| Ahlstrom-munksjo Hldg 3                                                  | Ahlstrom-Munksjo Holding 3 Oy                                                   | CUSIP: 84612JAA0<br>LEI: 743700UEY0YM039XN974 | Long             | DBT              | CORP              | FI        |   2000000 | PA      | $1626375.00   | 0.29%             | 2028-02-04      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Getty Images, Inc.                                                       | Getty Images, Inc., First Lien Initial Dollar Term Loan                         | CUSIP: 37427UAJ9<br>LEI: 5493005NV20IG4VEKZ40 | Long             | LON              | CORP              | US        |   2760860 | PA      | $2759134.64   | 0.50%             | 2026-02-19      | Floating      | 8.62%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | Forward Contracts: GBP 03/15/2023                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-30979278.00 | -5.59%            |  |  |  | No            |                  2 | On Loan: No      |
| Patagonia Bidco Limited                                                  | Patagonia BidCo, Ltd., Facility B1, First Lien Term Loan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    772595 | PA      | $771511.71    | 0.14%             | 2028-11-01      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| Asurion Llc                                                              | Asurion LLC, Second Lien Term Loan                                              | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   2500000 | PA      | $1964575.00   | 0.35%             | 2028-02-03      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| LSF10 XL Bidco S.C.A.                                                    | LSF10 XL Bidco S.C.A., First Lien Facility B4 Term Loan                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |   1280206 | PA      | $1112819.24   | 0.20%             | 2028-04-12      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| DCert Buyer, Inc.                                                        | DCert Buyer, Inc., Second Lien First Amendment Refinancing Term Loan            | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |   1403693 | PA      | $1287186.23   | 0.23%             | 2029-02-19      | Floating      | 11.70%                | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                    | Bath & Body Works, Inc.                                                         | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   3178000 | PA      | $3140261.25   | 0.57%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Coretrust Purchasing Group LLC (HPG Enterprises LLC)                     | CORETRUST DD SOFR+675 09/30/29, First Lien Delayed Draw Term Loan               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    789474 | PA      | $765789.48    | 0.14%             | 2029-09-30      | Floating      | 1.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | Owl Rock Core Income - Rev                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1818182 | PA      | $1772727.27   | 0.32%             | 2049-12-31      | Floating      | 0.50%                 | No            |                  3 | On Loan: No      |
| Delivery Hero Finco LLC                                                  | Delivery Hero SE, First Lien Term Loan                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |   3990000 | PA      | $3858669.15   | 0.70%             | 2027-08-12      | Floating      | 10.01%                | No            |                  2 | On Loan: No      |
| CHG Healthcare Services, Inc. (fka CHG Buyer Corporation)                | CHG Healthcare Services, First Lien Term Loan                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3472362 | PA      | $3404616.02   | 0.61%             | 2028-09-29      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Cineworld Group PLC                                                      | Cineworld Group plc Warrant                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |     84898 | NC      | $5131.90      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Amentum Government Servi                                                 | Amentum Government Services Holdings LLC, First Lien Term Loan                  | CUSIP: 57776DAE3<br>LEI: 5493008CT6B5L54YSE94 | Long             | LON              | CORP              | US        |   3988080 | PA      | $3895855.61   | 0.70%             | 2029-02-15      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| Investment Company 24 Bidco Limited                                      | Valor, Inc., First Lien Delayed Draw Term Loan                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | SE        |   1750000 | PA      | $1826448.58   | 0.33%             | 2029-07-11      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Pathway Vet Alliance Llc                                                 | Pathway Vet Alliance LLC, First Lien 2021 Replacement Term Loan                 | CUSIP: 70323KAE8<br>LEI: 2549001HRKTHAW7MOH74 | Long             | LON              | CORP              | US        |   3711463 | PA      | $3111431.15   | 0.56%             | 2027-03-31      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Claire's Stores Inc                                                      | Claire's Stores, Inc., First Lien Term Loan                                     | CUSIP: 17958DAL1<br>LEI: 549300N5HNYXI6JY7625 | Long             | LON              | CORP              | US        |   1805556 | PA      | $1638541.66   | 0.30%             | 2026-12-18      | Floating      | 10.57%                | No            |                  2 | On Loan: No      |
| Us Acute Care Solutions                                                  | US Acute Care Solutions LLC                                                     | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    266000 | PA      | $236363.16    | 0.04%             | 2026-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Loarre Investments Sarl                                                  | Loarre Investments Sarl                                                         | CUSIP: BW3700943<br>LEI: 549300VE6QY38GTUE732 | Long             | DBT              | CORP              | LU        |   7000000 | PA      | $6941347.58   | 1.25%             | 2029-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Olympus Wtr Us Hldg Corp                                                 | Olympus Water US Holding Corp.                                                  | CUSIP: 16308NAA2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3588562.50   | 0.65%             | 2027-10-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp                                                            | Carnival Corp.                                                                  | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   6000000 | PA      | $4896210.00   | 0.88%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp                                                            | Carnival Corp.                                                                  | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    145000 | PA      | $137496.25    | 0.02%             | 2027-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Labl Inc                                                                 | LABL, Inc., First Lien Term Loan                                                | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |   3600289 | PA      | $3427024.71   | 0.62%             | 2028-10-29      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Mcgraw-hill Education                                                    | McGraw-Hill Education, Inc., First Lien Term Loan                               | CUSIP: 58063DAC7<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | LON              | CORP              | US        |   6409833 | PA      | $6051266.91   | 1.09%             | 2028-07-30      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Zoro Bidco, Inc.                                                         | Zendesk RC Backstop, First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1521739 | PA      | $1491304.35   | 0.27%             | 2049-12-31      | Floating      | 0.50%                 | No            |                  3 | On Loan: No      |
| Bausch Health Cos Inc                                                    | Bausch Health Cos., Inc., First Lien Term Loan                                  | CUSIP: C9413PBD4<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | LON              | CORP              | CA        |   5540651 | PA      | $4233999.47   | 0.76%             | 2027-02-01      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| Ukg Inc                                                                  | UKG, Inc., First Lien Term Loan                                                 | CUSIP: 90385KAK7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    129500 | PA      | $123510.85    | 0.02%             | 2026-05-03      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | OCALA BIDCO, INC., TL                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  10071042 | PA      | $9718555.21   | 1.75%             | 2028-11-24      | Floating      | 8.20%                 | No            |                  3 | On Loan: No      |
| Mgm Resorts Intl                                                         | MGM Resorts International                                                       | CUSIP: 552953CG4<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5033931.25   | 0.91%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cabinteely Park Clo                                                      | Cabinteely Park CLO DAC                                                         | CUSIP: N/A<br>LEI: 254900SLP85PQ7ZD2Y17       | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $1654008.29   | 0.30%             | 2034-08-15      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| Ziggo Bv                                                                 | Ziggo BV                                                                        | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |   6000000 | PA      | $5024370.00   | 0.91%             | 2030-01-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Hertz Corp/the                                                           | Hertz Corp.                                                                     | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   4255000 | PA      | $3222737.00   | 0.58%             | 2029-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Investment Company 24 Bidco Limited                                      | Valor, Inc., First Lien Term Loan                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | SE        |   1410281 | PA      | $1471889.25   | 0.27%             | 2029-07-11      | Floating      | 6.94%                 | No            |                  3 | On Loan: No      |
| Gannett Holdings Llc                                                     | Gannett Holdings LLC                                                            | CUSIP: 36474GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6167500.13   | 1.11%             | 2026-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Froneri Lux Finco Sarl                                                   | Froneri International, Ltd., First Lien Facility B1 Term Loan                   | CUSIP: G3679YAD4<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    408853 | PA      | $409864.02    | 0.07%             | 2027-01-29      | Floating      | 2.76%                 | No            |                  2 | On Loan: No      |
| Mcgraw-hill Education                                                    | McGraw-Hill Education, Inc.                                                     | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6315375.00   | 1.14%             | 2028-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermedi                                               | Alliant Holdings Intermediate LLC, First Lien 2018 Initial Term Loan            | CUSIP: 01881UAE5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   3084038 | PA      | $3047800.13   | 0.55%             | 2025-05-09      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Embecta Corp                                                             | Embecta Corp.                                                                   | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6318750.00   | 1.14%             | 2030-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Imperva Inc                                                              | Imperva, Inc., First Lien Term Loan                                             | CUSIP: 45321NAD8<br>LEI: 549300204GJIBLPF1S81 | Long             | LON              | CORP              | US        |   6466581 | PA      | $5315529.57   | 0.96%             | 2026-01-10      | Floating      | 8.59%                 | No            |                  2 | On Loan: No      |
| Contego Clo Dac                                                          | Contego Clo V DAC                                                               | CUSIP: BCC2GQWU0<br>LEI: 549300RF10WJ1D9VYK55 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $248031.72    | 0.04%             | 2031-01-15      | Floating      | 3.18%                 | Yes           |                  2 | On Loan: No      |
| Encore Capital Group Inc                                                 | Encore Capital Group, Inc.                                                      | CUSIP: BP5483253<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    672000 | PA      | $627593.21    | 0.11%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Apollo Cmmrl Real Est Fi                                                 | Apollo Commercial Real Estate Finance, Inc.                                     | CUSIP: 03762UAC9<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |   1216000 | PA      | $1188407.62   | 0.21%             | 2023-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Fin                                                 | Allwyn Entertainment Financing UK PLC                                           | CUSIP: BU1337163<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    764000 | PA      | $799170.75    | 0.14%             | 2028-02-15      | Floating      | 5.89%                 | Yes           |                  2 | On Loan: No      |
| Genesis Specialist Care Finance UK Limited                               | Genesis Care Finance Pty, Ltd., First Lien Facility B4 Term Loan                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    561618 | PA      | $217026.70    | 0.04%             | 2027-05-14      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | Open Text Corporation, TLB                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   2813650 | PA      | $2754914.76   | 0.50%             | 2029-11-16      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Gannett Co Inc                                                           | Gannett Co., Inc.                                                               | CUSIP: 36472TAA7<br>LEI: 549300JQ2PU0RI3ZBA32 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4596795.00   | 0.83%             | 2027-12-01      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | CNSI HOLDINGS, LLC RC 1L                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1000000 | PA      | $965000.00    | 0.17%             | 2027-12-17      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Standard Industries Inc                                                  | Standard Industries, Inc.                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4505700.00   | 0.81%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Forming Machining Indust                                                 | Forming Machining Industries Holdings LLC, Second Lien Initial Term Loan        | CUSIP: 34639HAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    310000 | PA      | $240250.00    | 0.04%             | 2026-10-09      | Floating      | 12.98%                | No            |                  3 | On Loan: No      |
| Covanta Holding Corp                                                     | Covanta Holding Corp.                                                           | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6081250.13   | 1.10%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ares Clo Ltd                                                             | Ares XXXIV CLO, Ltd.                                                            | CUSIP: G3304VAE1<br>LEI: 549300VDFIIXSFET0S73 | Long             | ABS-O            | CORP              | KY        |   3750000 | PA      | $1371855.15   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Travel Leaders Group Llc                                                 | Travel Leaders Group LLC, First Lien 2018 Refinancing Term Loan                 | CUSIP: 89416FAQ0<br>LEI: 549300ELYRGQJOXAK024 | Long             | LON              | CORP              | US        |   3287341 | PA      | $3022299.49   | 0.55%             | 2024-01-25      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding Ltd.                                            | Anchorage Credit Funding 13, Ltd.                                               | CUSIP: 03290BAF5<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $280259.35    | 0.05%             | 2039-07-27      | Fixed         | 6.84%                 | Yes           |                  2 | On Loan: No      |
| Tivity Health, Inc.                                                      | Tivity Health, Inc., First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7500000 | PA      | $7387500.00   | 1.33%             | 2029-06-28      | Floating      | 9.55%                 | No            |                  3 | On Loan: No      |
| Marnix SAS                                                               | Marnix SAS, First Lien Facility B (EUR) Term Loan                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | FR        |    464705 | PA      | $473417.24    | 0.09%             | 2026-11-19      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| eResearchTechnology, Inc.                                                | eResearchTechnology, Inc., Initial Term Loan                                    | CUSIP: 29481PAH4<br>LEI: 2549003SUFVGC903CK03 | Long             | LON              | CORP              | US        |   7396054 | PA      | $6547800.82   | 1.18%             | 2027-02-04      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company                               | Mauser Packaging Solutions Holding Company, First Lien Initial Term Loan        | CUSIP: 05604XAP1<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |   4000000 | PA      | $3913340.01   | 0.71%             | 2024-04-03      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| Carnival Hldgs Bm Ltd                                                    | Carnival Holdings Bermuda, Ltd.                                                 | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4895000 | PA      | $5028315.33   | 0.91%             | 2028-05-01      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Mattress Firm Inc                                                        | Mattress Firm, Inc., First Lien 2021 Term Loan                                  | CUSIP: 57723CAR0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    433040 | PA      | $370249.38    | 0.07%             | 2028-09-24      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Advarra Holdings, Inc.                                                   | Advarra Holdings, Inc., First Lien Delayed Draw Term Loan                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1243180 | PA      | $1221424.83   | 0.22%             | 2029-08-24      | Floating      | 1.00%                 | No            |                  3 | On Loan: No      |
| Vertex Aerospace Service                                                 | Vertex Aerospace Services Corp., First Lien Term Loan                           | CUSIP: 92532MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3908655 | PA      | $3845764.88   | 0.69%             | 2028-12-06      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Bsl Limited                                              | Fortress Credit BSL XVII, Ltd.                                                  | CUSIP: 34964NAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2774796.00   | 0.50%             | 2034-10-23      | Floating      | 12.19%                | Yes           |                  2 | On Loan: No      |
| Proofpoint Inc                                                           | Proofpoint, Inc., First Lien Initial Term Loan                                  | CUSIP: 74345HAB7<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   4974937 | PA      | $4795963.97   | 0.87%             | 2028-08-31      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Allegiant Travel Co                                                      | Allegiant Travel Co.                                                            | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2861850.00   | 0.52%             | 2027-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Anchorage Credit Funding Ltd.                                            | Anchorage Credit Funding 13, Ltd.                                               | CUSIP: 03290BAA6<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-CBDO         | CORP              | KY        |   2300000 | PA      | $1849059.70   | 0.33%             | 2039-07-27      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund                           | Goldman Sachs Financial Square Government Fund                                  | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  16812851 | NS      | $16812850.96  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Investment Company 24 Bidco Limited                                      | Valor, Inc., First Lien Term Loan                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |   2295636 | PA      | $2705939.33   | 0.49%             | 2029-07-11      | Floating      | 7.94%                 | No            |                  3 | On Loan: No      |
| N/A                                                                      | HOWDEN DD SOFR+525 11/12/27 DLR DRCT                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  16297143 | PA      | $15971199.97  | 2.88%             | 2027-11-12      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Alta Mesa Hldgs/financ S                                                 | Alta Mesa Holdings LP / Alta Mesa Finance Services Corp.                        | CUSIP: 021332AF8<br>LEI: HROZ6NCTLXP3O5I0RF49 | Long             | DBT              | CORP              | US        |    968000 | PA      | $3630.00      | 0.00%             | 2024-12-15      | Fixed         | 7.88%                 | No            |                  3 | On Loan: No      |
| Transdigm Inc                                                            | TransDigm, Inc.                                                                 | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8904060.00   | 1.61%             | 2026-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Market Bidco Finco Plc                                                   | Market Bidco Finco PLC                                                          | CUSIP: BW2015822<br>LEI: 549300UGYX6EBVHRVG53 | Long             | DBT              | CORP              | GB        |   4870000 | PA      | $4511385.34   | 0.81%             | 2027-11-04      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Coretrust Purchasing Group LLC (HPG Enterprises LLC)                     | CORETRUST TL SOFR+675 09/30/29, First Lien Term Loan                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5421053 | PA      | $5258421.04   | 0.95%             | 2029-09-30      | Floating      | 10.84%                | No            |                  3 | On Loan: No      |
| Virgin Media Ireland Ltd                                                 | Virgin Media Ireland, Ltd., First Lien Facility B1 Term Loan                    | CUSIP: G9463MAB1<br>LEI: 213800K1R3GMY77CNR32 | Long             | LON              | CORP              | IE        |    893224 | PA      | $914020.04    | 0.16%             | 2029-07-15      | Floating      | 3.86%                 | No            |                  2 | On Loan: No      |
| Entegris Escrow Corp                                                     | Entegris Escrow Corp.                                                           | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4559287.50   | 0.82%             | 2029-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Gainwell Acquisition Cor                                                 | Milano Acquisition Corp., First Lien B Term Loan                                | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4902228 | PA      | $4614221.91   | 0.83%             | 2027-10-01      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Houghton Mifflin Harcour                                                 | Houghton Mifflin Harcourt Co., First Lien Term Loan                             | CUSIP: 44157YAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4119335 | PA      | $3930092.94   | 0.71%             | 2029-04-07      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| Deccan Holdings B.V.                                                     | Deccan Holdings B.V., First Lien Term Loan                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3300000 | PA      | $3300000.00   | 0.60%             | 2025-09-16      | Floating      | 5.50%                 | No            |                  3 | On Loan: No      |
| UKG Inc. (Ultimate Software Group Inc)                                   | Ultimate Software, 2021 Incremental, Second Lien Term Loan                      | CUSIP: 90385KAJ0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   2499586 | PA      | $2306493.11   | 0.42%             | 2027-05-03      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | Forward Contracts: GBP 03/15/2023                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $2167823.00   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Aag Fh Lp/aag Fh Finco                                                   | AAG FH LP / AAG FH Finco, Inc.                                                  | CUSIP: 00033AAA6<br>LEI: 254900IE1HTLBX6J4J46 | Long             | DBT              | CORP              | CA        |   1303000 | PA      | $1268564.90   | 0.23%             | 2024-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermedi                                               | Alliant Holdings Intermediate LLC, First Lien 2019 New Term Loan                | CUSIP: 01881UAF2<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    756634 | PA      | $747849.32    | 0.13%             | 2025-05-09      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Zoro Bidco, Inc.                                                         | Zendesk TL Backstop, First Lien Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |  14782609 | PA      | $14486956.53  | 2.61%             | 2049-12-31      | Floating      | 11.04%                | No            |                  3 | On Loan: No      |
| Freddie Mac - Stacr                                                      | Freddie Mac STACR REMIC Trust 2022-DNA3                                         | CUSIP: 35564KVE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6605481 | PA      | $6371709.06   | 1.15%             | 2042-04-25      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Boxer Parent Co Inc                                                      | Boxer Parent Company, Inc., First Lien 2021 Replacement Dollar Term Loan        | CUSIP: 05988HAE7<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   1900134 | PA      | $1823701.44   | 0.33%             | 2025-10-02      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Carvana Co                                                               | Carvana Co.                                                                     | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |  14208000 | PA      | $6722884.61   | 1.21%             | 2030-05-01      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                          | ABG Intermediate Holdings 2 LLC, First Lien 2021 Refinancing Term Loan          | CUSIP: 00076VAW0<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    237941 | PA      | $236725.94    | 0.04%             | 2024-09-29      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Dodge Data & Analytics L                                                 | Dodge Data & Analytics LLC, Second Lien Term Loan                               | CUSIP: 25646CAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1513158 | PA      | $1028947.37   | 0.19%             | 2030-02-23      | Floating      | 10.45%                | No            |                  2 | On Loan: No      |
| N/A                                                                      | Forward Contracts: EUR 03/31/2023                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-59194120.00 | -10.68%           |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                      | Forward Contracts: EUR 03/31/2023                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $549190.00    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                      | Forward Contracts: EUR 03/31/2023                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $14612774.00  | 2.64%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** APOLLO DIVERSIFIED CREDIT FUND

**Signature:** Kenneth Seifert

**Name of Signer:** Kenneth Seifert

**Title:** Treasurer (Principal Financial Officer)