# EDGAR Filing Document

**Accession Number:** 0001608016
**File Stem:** 0001145549-25-044771
**Filing Date:** 2025-6
**Character Count:** 245073
**Document Hash:** 90f78b453ef50c8c380212e38e7d21fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-044771.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001145549-25-044771

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Palmer Square Opportunistic Income Fund
- **CENTRAL INDEX KEY:** 0001608016

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22969
- **FILM NUMBER:** 251089739

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 SHAWNEE MISSION PARKWAY, SUITE 315
- **CITY:** MISSION WOODS
- **STATE:** KS
- **ZIP:** 66205
- **BUSINESS PHONE:** 888-870-3088

**MAIL ADDRESS:**
- **STREET 1:** 1900 SHAWNEE MISSION PARKWAY, SUITE 315
- **CITY:** MISSION WOODS
- **STATE:** KS
- **ZIP:** 66205

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Montage Managers Trust
- **DATE OF NAME CHANGE:** 20140513

## Nport-Ex

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS — 15.2%** |  |
| 748125 | A-AP Buyer, Inc.<br> 7.075% (1-Month Term SOFR+325 basis points), 9/9/2031<sup>2,3,4</sup> | $748125 |
| 1997292 | Accession Risk Management Group, Inc.<br> 9.053% (3-Month Term SOFR+475 basis points), 11/1/2029<sup>2,4,5,6</sup> | 1996043 |
| 731025 | Acrisure LLC<br> 7.325% (1-Month Term SOFR+300 basis points), 11/6/2030<sup>2,3,4</sup> | 724175 |
| 496250 | Ahead DB Holdings LLC<br> 7.299% (3-Month Term SOFR+350 basis points), 2/3/2031<sup>2,3,4</sup> | 493692 |
| 1235030 | AI Aqua Merger Sub, Inc.<br> 7.319% (1-Month Term SOFR+300 basis points), 7/31/2028<sup>2,3,4</sup> | 1222383 |
|  | Aimbridge Acquisition Co., Inc. |  |
| 67348 | &nbsp;&nbsp;&nbsp;9.935% (1-Month Term SOFR+550 basis points), 2/28/2027<sup>2,4</sup> | 67348 |
| 67696 | &nbsp;&nbsp;&nbsp;11.935% (1-Month Term SOFR+761 basis points), 7/5/2027<sup>2,4</sup> | 66681 |
| 599264 | Alliant Holdings Intermediate LLC<br> 7.073% (1-Month Term SOFR+300 basis points), 9/19/2031<sup>2,3,4</sup> | 595800 |
| 493778 | Amynta Agency Borrower, Inc.<br> 7.324% (1-Month Term SOFR+300 basis points), 12/29/2031<sup>2,3,4</sup> | 494087 |
| 471957 | AP Gaming I LLC<br> 8.075% (1-Month Term SOFR+400 basis points), 2/15/2029<sup>2,3,4</sup> | 473181 |
| 493769 | Aretec Group, Inc.<br> 7.825% (1-Month Term SOFR+350 basis points), 8/9/2030<sup>2,3,4</sup> | 491806 |
| 746231 | Aspire Bakeries Holdings LLC<br> 8.575% (1-Month Term SOFR+425 basis points), 12/23/2030<sup>2,3,4</sup> | 748097 |
| 742500 | AssuredPartners, Inc.<br> 7.825% (1-Month Term SOFR+350 basis points), 2/14/2031<sup>2,3,4</sup> | 743391 |
| 685403 | Astoria Energy LLC<br> 0.100% (1-Month Term SOFR+350 basis points), 12/10/2027<sup>2,3,4</sup> | 687761 |
| 120567 | Asurion LLC<br> 7.689% (1-Month Term SOFR+325 basis points), 12/23/2026<sup>2,3,4</sup> | 119795 |
| 729403 | Autokiniton U.S. Holdings, Inc.<br> 8.442% (1-Month Term SOFR+400 basis points), 4/6/2028<sup>2,3,4</sup> | 719148 |
| 497500 | B&G Foods, Inc.<br> 7.824% (1-Month Term SOFR+350 basis points), 10/10/2029<sup>2,3,4</sup> | 476978 |
| 733125 | Barracuda Networks, Inc.<br> 8.791% (3-Month Term SOFR+450 basis points), 8/15/2029<sup>2,3,4</sup> | 614868 |
| 463568 | Brightview Landscapes LLC<br> 6.294% (3-Month Term SOFR+200 basis points), 4/20/2029<sup>2,3,4</sup> | 456614 |
| 288000 | CCI Buyer, Inc.<br> 8.299% (3-Month Term SOFR+400 basis points), 12/17/2027<sup>2,3,4</sup> | 288475 |
| 496256 | Cengage Learning, Inc.<br> 7.823% (1-Month Term SOFR+350 basis points), 3/24/2031<sup>2,3,4</sup> | 494790 |
| 448872 | Central Parent LLC<br> 7.549% (3-Month Term SOFR+325 basis points), 7/6/2029<sup>2,3,4</sup> | 375991 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS (Continued)** |  |
| 496256 | Century DE Buyer LLC<br> 7.787% (3-Month Term SOFR+350 basis points), 10/30/2030<sup>2,3,4</sup> | $495328 |
| 1484971 | CHG Healthcare Services, Inc.<br> 7.299% (3-Month Term SOFR+300 basis points), 9/29/2028<sup>2,3,4</sup> | 1482699 |
| 500000 | Clarios Global LP<br> 7.075% (1-Month Term SOFR+275 basis points), 1/28/2032<sup>2,3,4</sup> | 491043 |
| 493750 | CPM Holdings, Inc.<br> 8.824% (1-Month Term SOFR+450 basis points), 9/28/2028<sup>2,3,4</sup> | 479142 |
| 736947 | Creative Artists Agency LLC<br> 7.075% (1-Month Term SOFR+275 basis points), 10/1/2031<sup>2,3,4</sup> | 734512 |
| 800000 | Dedalus Finance GmbH<br> 6.418% (6-Month Euribor+375 basis points), 7/17/2027<sup>2,4</sup> | 903097 |
| 713065 | Dotdash Meredith, Inc.<br> 7.824% (1-Month Term SOFR+350 basis points), 12/1/2028<sup>2,3,4</sup> | 693456 |
| 1498111 | EAB Global, Inc.<br> 7.325% (1-Month Term SOFR+300 basis points), 8/16/2030<sup>2,3,4</sup> | 1472358 |
| 718369 | ECI Macola/Max Holding LLC<br> 7.549% (3-Month Term SOFR+325 basis points), 5/31/2030<sup>2,3,4</sup> | 716932 |
| 726854 | Edgewater Generation LLC<br> 7.299% (1-Month Term SOFR+300 basis points), 8/1/2030<sup>2,3,4</sup> | 726400 |
| 414465 | EnergySolutions LLC<br> 7.575% (1-Month Term SOFR+400 basis points), 9/23/2030<sup>2,3,4</sup> | 413429 |
| 736729 | Ensemble RCM LLC<br> 7.291% (3-Month Term SOFR+300 basis points), 8/1/2029<sup>2,3,4</sup> | 737031 |
| 746935 | EP Purchaser LLC<br> 9.061% (3-Month Term SOFR+450 basis points), 11/6/2028<sup>2,4</sup> | 750669 |
|  | EW Scripps Co. |  |
| 330308 | &nbsp;&nbsp;&nbsp;7.439% (1-Month Term SOFR+575 basis points), 6/30/2028<sup>2,3,4</sup> | 301562 |
| 288289 | &nbsp;&nbsp;&nbsp;7.439% (1-Month Term SOFR+335 basis points), 11/30/2029<sup>2,3,4</sup> | 240051 |
| 736788 | Filtration Group Corp.<br> 7.325% (1-Month Term SOFR+300 basis points), 12/26/2028<sup>2,3,4</sup> | 736987 |
| 728071 | Flexera Software LLC<br> 7.299% (1-Month Term SOFR+300 basis points), 3/3/2028<sup>2,3,4</sup> | 725340 |
| 703125 | Forest City Enterprises LP<br> 7.939% (1-Month Term SOFR+350 basis points), 12/8/2025<sup>2,3,4</sup> | 678417 |
| 746250 | Fortress Intermediate 3, Inc.<br> 8.075% (1-Month Term SOFR+375 basis points), 6/27/2031<sup>2,3,4</sup> | 732258 |
| 750000 | Gloves Buyer, Inc.<br> 1.000% (1-Month Term SOFR+400 basis points), 1/20/2032<sup>2,3,4</sup> | 720375 |
| 746255 | Grant Thornton Advisors Holdings LLC<br> 7.075% (3-Month Term SOFR+275 basis points), 5/30/2031<sup>2,3,4</sup> | 741591 |
| 574706 | Great Outdoors Group LLC<br> 7.575% (1-Month Term SOFR+325 basis points), 1/23/2032<sup>2,3,4</sup> | 563355 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS (Continued)** |  |
| 744332 | Grinding Media, Inc.<br> 7.819% (3-Month Term SOFR+350 basis points), 10/12/2028<sup>2,3,4</sup> | $718280 |
| 498750 | GTCR Everest Borrower LLC<br> 7.049% (3-Month Term SOFR+300 basis points), 9/5/2031<sup>2,3,4</sup> | 496451 |
| 481000 | Hamilton Projects Acquiror LLC<br> 7.325% (1-Month Term SOFR+375 basis points), 5/30/2031<sup>2,3,4</sup> | 483191 |
| 738773 | HireRight Holdings Corp.<br> 7.553% (1-Month Term SOFR+325 basis points), 9/30/2030<sup>2,3,4</sup> | 722613 |
| 738693 | Howden Group Holdings Ltd.<br> 7.825% (1-Month Term SOFR+350 basis points), 4/18/2030<sup>2,4,7</sup> | 740263 |
| 493778 | HUB International Ltd.<br> 6.769% (3-Month Term SOFR+250 basis points), 6/20/2030<sup>2,3,4</sup> | 491181 |
| 732958 | Hudson River Trading LLC<br> 7.322% (1-Month Term SOFR+300 basis points), 3/18/2030<sup>2,3,4</sup> | 732892 |
| 498750 | Hunter Douglas, Inc.<br> 7.553% (3-Month Term SOFR+325 basis points), 1/20/2032<sup>2,3,4</sup> | 487633 |
| 456133 | INEOS U.S. Finance LLC<br> 7.575% (1-Month Term SOFR+325 basis points), 2/19/2030<sup>2,3,4</sup> | 428081 |
| 442125 | INEOS U.S. Petrochem LLC<br> 8.175% (1-Month Term SOFR+375 basis points), 3/1/2030<sup>2,3,4</sup> | 375806 |
| 627348 | Ivanti Software, Inc.<br> 8.793% (3-Month Term SOFR+425 basis points), 12/1/2027<sup>2,3,4</sup> | 473202 |
| 748116 | IVI America LLC<br> 8.049% (1-Month Term SOFR+375 basis points), 4/14/2031<sup>2,3,4</sup> | 737829 |
| 746250 | Kestrel Acquisition LLC<br> 7.799% (3-Month Term SOFR+350 basis points), 11/6/2031<sup>2,3,4</sup> | 747571 |
| 744375 | LBM Acquisition LLC<br> 8.179% (1-Month Term SOFR+375 basis points), 6/6/2031<sup>2,3,4</sup> | 706847 |
| 750000 | Leia Finco U.S. LLC<br> 7.458% (3-Month Term SOFR+325 basis points), 10/9/2031<sup>2,3,4</sup> | 746513 |
|  | Lightstone Holdco LLC |  |
| 1110043 | &nbsp;&nbsp;&nbsp;10.041% (3-Month Term SOFR+575 basis points), 1/29/2027<sup>2,3,4</sup> | 1110598 |
| 62786 | &nbsp;&nbsp;&nbsp;10.041% (3-Month Term SOFR+575 basis points), 1/29/2027<sup>2,3,4</sup> | 62817 |
| 744374 | Mariner Wealth Advisors LLC<br> 6.799% (3-Month Term SOFR+300 basis points), 8/18/2028<sup>2,3,4</sup> | 743908 |
| 729675 | Medical Solutions Holdings, Inc.<br> 7.891% (3-Month Term SOFR+350 basis points), 11/1/2028<sup>2,3,4</sup> | 445912 |
| 667828 | Medline Borrower LP<br> 6.572% (1-Month Term SOFR+225 basis points), 10/23/2028<sup>2,3,4</sup> | 642367 |
|  | MH Sub I LLC |  |
| 439912 | &nbsp;&nbsp;&nbsp;8.575% (1-Month Term SOFR+425 basis points), 5/3/2028<sup>2,3,4</sup> | 417366 |
| 297728 | &nbsp;&nbsp;&nbsp;8.575% (1-Month Term SOFR+425 basis points), 12/31/2031<sup>2,3,4</sup> | 261974 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS (Continued)** |  |
| 746250 | Mitchell International, Inc.<br> 7.575% (1-Month Term SOFR+325 basis points), 6/17/2031<sup>2,3,4</sup> | $737493 |
| 746255 | Nexus Buyer LLC<br> 7.825% (1-Month Term SOFR+350 basis points), 7/31/2031<sup>2,3,4</sup> | 745064 |
| 729441 | NorthAB LLC<br> 6.799% (3-Month Term SOFR+250 basis points), 11/24/2028<sup>2,3,4</sup> | 723449 |
| 482705 | Nouryon Finance B.V.<br> 7.553% (3-Month Term SOFR+325 basis points), 4/3/2028<sup>2,3,4,7</sup> | 480291 |
| 496256 | OMNIA Partners LLC<br> 7.033% (1-Month Term SOFR+375 basis points), 7/25/2030<sup>2,3,4</sup> | 494911 |
| 744375 | OneDigital Borrower LLC<br> 7.325% (1-Month Term SOFR+300 basis points), 7/2/2031<sup>2,3,4</sup> | 734140 |
| 750000 | Opal U.S. LLC<br> 9.844% (1-Month Term SOFR+325 basis points), 4/23/2032<sup>2,3,4</sup> | 744848 |
| 496256 | Outcomes Group Holdings, Inc.<br> 7.575% (1-Month Term SOFR+325 basis points), 5/6/2031<sup>2,3,4</sup> | 494911 |
| 615656 | Ovg Business Services LLC<br> 7.325% (1-Month Term SOFR+300 basis points), 6/25/2031<sup>2,3,4</sup> | 611808 |
| 748125 | Peer Holding III B.V.<br> 0.000% (1-Month Term SOFR+250 basis points), 7/1/2031<sup>2,3,4,7</sup> | 746023 |
| 724719 | Peraton Corp.<br> 8.175% (1-Month Term SOFR+375 basis points), 2/1/2028<sup>2,3,4</sup> | 655741 |
| 716322 | Petco Health & Wellness Co., Inc.<br> 7.811% (3-Month Term SOFR+325 basis points), 3/6/2028<sup>2,3,4</sup> | 627162 |
| 742519 | Phoenix Guarantor, Inc.<br> 6.825% (1-Month Term SOFR+250 basis points), 2/21/2031<sup>2,3,4</sup> | 738546 |
| 750000 | PHRG Intermediate LLC<br> 0.000% (6-Month Term SOFR+400 basis points), 2/20/2032<sup>3,4,5</sup> | 699375 |
| 729219 | PODS LLC<br> 7.552% (3-Month Term SOFR+300 basis points), 3/31/2028<sup>2,3,4</sup> | 676482 |
| 727552 | Pre-Paid Legal Services, Inc.<br> 7.575% (1-Month Term SOFR+375 basis points), 12/15/2028<sup>2,3,4</sup> | 721793 |
|  | Project Alpha Intermediate Holding, Inc. |  |
| 742519 | &nbsp;&nbsp;&nbsp;7.549% (3-Month Term SOFR+325 basis points), 10/28/2030<sup>2,3,4</sup> | 740406 |
| 500000 | &nbsp;&nbsp;&nbsp;5.000% (1-Month Term SOFR+500 basis points), 11/22/2032<sup>2,3,4</sup> | 480938 |
| 744288 | Project Boost Purchaser LLC<br> 7.299% (3-Month Term SOFR+350 basis points), 7/16/2031<sup>2,3,4</sup> | 739015 |
| 299668 | Prometric Holdings, Inc.<br> 9.189% (1-Month Term SOFR+475 basis points), 1/31/2028<sup>2,3,4</sup> | 300791 |
| 748111 | Proofpoint, Inc.<br> 7.325% (1-Month Term SOFR+300 basis points), 8/31/2028<sup>2,3,4</sup> | 744512 |
| 494981 | Propulsion BC Newco LLC<br> 7.549% (1-Month Term SOFR+325 basis points), 9/14/2029<sup>2,3,4</sup> | 495832 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS (Continued)** |  |
| 750000 | QXO, Inc.<br> 7.280% (1-Month Term SOFR+300 basis points), 4/30/2032<sup>2,4</sup> | $742500 |
|  | Raven Acquisition Holdings LLC |  |
| 50000 | &nbsp;&nbsp;&nbsp;3.250% (3-Month Term SOFR+325 basis points), 11/20/2031<sup>2,3,4</sup> | 49540 |
| 700000 | &nbsp;&nbsp;&nbsp;7.575% (1-Month Term SOFR+325 basis points), 11/20/2031<sup>2,3,4</sup> | 693564 |
| 727387 | RealPage, Inc.<br> 7.561% (3-Month Term SOFR+300 basis points), 4/24/2028<sup>2,3,4</sup> | 721397 |
|  | Red Planet Borrower LLC |  |
| 500000 | &nbsp;&nbsp;&nbsp;6.280% (1-Month Term SOFR+525 basis points), 9/29/2028<sup>2,3,4</sup> | 498125 |
| 725564 | &nbsp;&nbsp;&nbsp;7.925% (1-Month Term SOFR+350 basis points), 9/29/2028<sup>2,3,4</sup> | 711960 |
| 738773 | Renaissance Holdings Corp.<br> 8.325% (1-Month Term SOFR+400 basis points), 4/8/2030<sup>2,3,4</sup> | 691060 |
| 738788 | Rocket Software, Inc.<br> 8.575% (1-Month Term SOFR+475 basis points), 11/28/2028<sup>2,3,4</sup> | 734783 |
| 500639 | Rohm Holding GmbH<br> 7.598% (6-Month Euribor+500 basis points), 1/29/2029<sup>2,3,4</sup> | 542070 |
| 967695 | Sophos Holdings LLC<br> 7.935% (1-Month Term SOFR+350 basis points), 3/5/2027<sup>2,3,4</sup> | 968228 |
| 748125 | TCP Sunbelt Acquisition Co.<br> 8.572% (3-Month Term SOFR+425 basis points), 10/24/2031<sup>2,3,4</sup> | 749999 |
| 500000 | TK Elevator U.S. Newco, Inc.<br> 3.000% (1-Month Term SOFR+300 basis points), 4/30/2030<sup>2,3,4</sup> | 498658 |
| 748125 | Touchdown Acquirer, Inc.<br> 7.579% (3-Month Term SOFR+275 basis points), 2/21/2031<sup>2,3,4</sup> | 737217 |
| 873959 | Traverse Midstream Partners LLC<br> 7.291% (3-Month Term SOFR+350 basis points), 2/16/2028<sup>2,3,4</sup> | 872866 |
| 456075 | UGI Energy Services LLC<br> 6.825% (1-Month Term SOFR+250 basis points), 2/22/2030<sup>2,3,4</sup> | 456531 |
| 732894 | UKG, Inc.<br> 7.320% (3-Month Term SOFR+350 basis points), 2/10/2031<sup>2,3,4</sup> | 731230 |
| 729375 | Univision Communications, Inc.<br> 8.549% (3-Month Term SOFR+425 basis points), 6/25/2029<sup>2,3,4</sup> | 709091 |
| 550000 | VFH Parent LLC<br> 6.825% (1-Month Term SOFR+250 basis points), 6/20/2031<sup>2,3,4</sup> | 548625 |
| 579000 | Vision Solutions, Inc.<br> 8.541% (3-Month Term SOFR+400 basis points), 4/24/2028<sup>2,3,4</sup> | 539918 |
| 746255 | VS Buyer LLC<br> 7.019% (1-Month Term SOFR+275 basis points), 4/14/2031<sup>2,3,4</sup> | 743926 |
| 992500 | Wec U.S. Holdings Ltd.<br> 6.574% (1-Month Term SOFR+275 basis points), 1/27/2031<sup>2,3,4</sup> | 984749 |
| 146956 | Wellpath Holdings, Inc.<br> 0.000% (3-Month USD Libor+900 basis points), 10/1/2026<sup>2,3,4</sup> | 3001 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BANK LOANS (Continued)** |  |
| 15530 | Wellpath Recovery Solutions<br> 12.800% (3-Month Term SOFR+850 basis points), 1/27/2030<sup>2,4</sup> | $15530 |
| 729459 | Whatabrands LLC<br> 6.825% (1-Month Term SOFR+250 basis points), 8/3/2028<sup>2,3,4</sup> | 726297 |
| 496167 | Zacapa SARL<br> 8.049% (3-Month Term SOFR+375 basis points), 3/22/2029<sup>2,3,4,7</sup> | 494927 |
| 742500 | Zelis Payments Buyer, Inc.<br> 7.075% (1-Month Term SOFR+275 basis points), 9/28/2029<sup>2,3,4</sup> | 726878 |
|  | **Total Bank Loans** |  |
|  | (Cost $72,470,647) | **71434757** |
|  | **BONDS — 74.7%** |  |
|  | **ASSET-BACKED SECURITIES — 67.8%** |  |
|  | 522 Funding CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-6A, Class F, 12.581% (3-Month Term SOFR+830.16 basis points), 10/23/2034<sup>3,4,8</sup> | 963791 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2019-5A, Class ER, 11.016% (3-Month Term SOFR+676 basis points), 4/15/2035<sup>3,4,8</sup> | 1460998 |
| 1000000 | Aimco CLO Ltd.<br> Series 2020-11A, Class D2R2, 8.480% (3-Month Term SOFR+420 basis points), 7/17/2037<sup>3,4,8</sup> | 984461 |
| 1000000 | AIMCO CLO Ltd.<br> Series 2019-10A, Class ARR, 5.682% (3-Month Term SOFR+141 basis points), 7/22/2037<sup>3,4,8</sup> | 1002896 |
| 1500000 | Alinea CLO Ltd.<br> Series 2018-1A, Class DR, 6.519% (3-Month Term SOFR+225 basis points), 7/20/2031<sup>3,4,8</sup> | 1477379 |
| 1000000 | Anchorage Capital CLO Ltd.<br> Series 2020-16A, Class A1R2, 5.519% (3-Month Term SOFR+125 basis points), 1/19/2038<sup>3,4,8</sup> | 992532 |
| 1050000 | Annisa CLO Ltd.<br> Series 2016-2A, Class DRR, 7.069% (3-Month Term SOFR+280 basis points), 7/20/2031<sup>3,4,8</sup> | 1044431 |
|  | Apidos CLO |  |
| 2250000 | &nbsp;&nbsp;&nbsp;Series 2017-28A, Class C, 7.031% (3-Month Term SOFR+276.16 basis points), 1/20/2031<sup>3,4,8</sup> | 2246488 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2017-28A, Class D, 10.031% (3-Month Term SOFR+576.16 basis points), 1/20/2031<sup>3,4,8</sup> | 1249992 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2013-12A, Class ER, 9.918% (3-Month Term SOFR+566.16 basis points), 4/15/2031<sup>3,4,8</sup> | 983478 |
| 1750000 | &nbsp;&nbsp;&nbsp;Series 2015-20A, Class DR, 10.222% (3-Month Term SOFR+596.16 basis points), 7/16/2031<sup>3,4,8</sup> | 1747822 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series XXXA, Class CR, 7.269% (3-Month Term SOFR+300 basis points), 10/18/2031<sup>3,4,8</sup> | 1500000 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | Apidos CLO |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2018-29A, Class C, 7.293% (3-Month Term SOFR+301.16 basis points), 7/25/2030<sup>3,4,8</sup> | $1500000 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2015-23A, Class DRR, 6.856% (3-Month Term SOFR+260 basis points), 4/15/2033<sup>3,4,8</sup> | 1236325 |
| 1000000 | Apidos CLO Ltd.<br> Series 2022-42A, Class D1R, 6.719% (3-Month Term SOFR+245 basis points), 4/20/2038<sup>3,4,8</sup> | 968474 |
|  | Ares CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2018-47A, Class D, 7.218% (3-Month Term SOFR+296.16 basis points), 4/15/2030<sup>3,4,8</sup> | 2001437 |
| 2150000 | &nbsp;&nbsp;&nbsp;Series 2018-50A, Class D, 7.418% (3-Month Term SOFR+316.16 basis points), 1/15/2032<sup>3,4,8</sup> | 2159047 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2016-39A, Class AR3, 5.689% (3-Month Term SOFR+142 basis points), 7/18/2037<sup>3,4,8</sup> | 1497900 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2025-76A, Class E, 0.000% (3-Month Term SOFR+716 basis points), 5/27/2038<sup>3,4,8</sup> | 980000 |
| 725000 | Arini U.S. CLO Ltd.<br> Series 1A, Class D, 0.000% (3-Month Term SOFR+400 basis points), 4/15/2038<sup>3,4,8</sup> | 725000 |
| 1000000 | Bain Capital Credit CLO<br> Series 2018-2A, Class DR, 7.219% (3-Month Term SOFR+295 basis points), 7/19/2031<sup>3,4,8</sup> | 992444 |
|  | Ballyrock CLO Ltd. |  |
| 1100000 | &nbsp;&nbsp;&nbsp;Series 2023-23A, Class D, 12.452% (3-Month Term SOFR+817 basis points), 4/25/2036<sup>3,4,8</sup> | 1107983 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-14A, Class DR, 10.119% (3-Month Term SOFR+585 basis points), 7/20/2037<sup>3,4,8</sup> | 952152 |
|  | Barings CLO Ltd. |  |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2018-4A, Class D, 7.418% (3-Month Term SOFR+316.16 basis points), 10/15/2030<sup>3,4,8</sup> | 2504409 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-5A, Class D1, 7.353% (3-Month Term SOFR+300 basis points), 7/15/2038<sup>3,4,8</sup> | 1002297 |
| 1500000 | Barings Euro CLO DAC<br> Series 2015-1X, Class DRR, 5.808% (3-Month Euribor+365 basis points), 7/25/2035<sup>3,4</sup> | 1702067 |
|  | Battalion CLO Ltd. |  |
| 1887080 | &nbsp;&nbsp;&nbsp;Series 2020-15A, Class A1RR, 5.260% (3-Month Term SOFR+98 basis points), 1/17/2033<sup>3,4,8</sup> | 1879748 |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2016-10A, Class CR2, 7.987% (3-Month Term SOFR+371.16 basis points), 1/25/2035<sup>3,4,8</sup> | 488205 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 1000000 | Bean Creek CLO Ltd.<br> Series 2015-1A, Class DR, 7.281% (3-Month Term SOFR+301.16 basis points), 4/20/2031<sup>3,4,8</sup> | $1011205 |
|  | Benefit Street Partners CLO Ltd. |  |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2015-8A, Class DR, 10.131% (3-Month Term SOFR+586.16 basis points), 1/20/2031<sup>3,4,8</sup> | 482885 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-18A, Class DR, 7.918% (3-Month Term SOFR+366.16 basis points), 10/15/2034<sup>3,4,8</sup> | 996422 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2020-21A, Class ER, 11.218% (3-Month Term SOFR+696.16 basis points), 10/15/2034<sup>3,4,8</sup> | 1497682 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-18A, Class ER, 11.268% (3-Month Term SOFR+701.16 basis points), 10/15/2034<sup>3,4,8</sup> | 987197 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-17A, Class D1R2, 7.406% (3-Month Term SOFR+315 basis points), 10/15/2037<sup>3,4,8</sup> | 1005321 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2022-27A, Class D1R, 7.419% (3-Month Term SOFR+315 basis points), 10/20/2037<sup>3,4,8</sup> | 993177 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2024-37A, Class A, 5.698% (3-Month Term SOFR+135 basis points), 1/25/2038<sup>3,4,8</sup> | 1992375 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2024-36A, Class D1, 7.364% (3-Month Term SOFR+295 basis points), 1/25/2038<sup>3,4,8</sup> | 1503075 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2015-6BR, Class D1R, 6.983% (3-Month Term SOFR+270 basis points), 4/20/2038<sup>3,4,8</sup> | 1968672 |
| 1000000 | BlueMountain CLO Ltd.<br> Series 2020-29A, Class D2R, 8.793% (3-Month Term SOFR+451.16 basis points), 7/25/2034<sup>3,4,8</sup> | 992460 |
|  | Bryant Park Funding Ltd. |  |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2023-21A, Class E, 12.739% (3-Month Term SOFR+847 basis points), 10/18/2036<sup>3,4,8</sup> | 756360 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-22A, Class D, 8.556% (3-Month Term SOFR+430 basis points), 4/15/2037<sup>3,4,8</sup> | 991210 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-22A, Class E, 11.386% (3-Month Term SOFR+713 basis points), 4/15/2037<sup>3,4,8</sup> | 1009999 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-23A, Class E, 11.053% (3-Month Term SOFR+673 basis points), 5/15/2037<sup>3,4,8</sup> | 995630 |
| 1125000 | &nbsp;&nbsp;&nbsp;Series 2021-17RA, Class D1R, 7.519% (3-Month Term SOFR+325 basis points), 1/20/2038<sup>3,4,8</sup> | 1120794 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-17RA, Class ER, 11.199% (3-Month Term SOFR+693 basis points), 1/20/2038<sup>3,4,8</sup> | 998021 |
| 500000 | Canyon Capital CLO Ltd.<br> Series 2014-1A, Class CR, 7.291% (3-Month Term SOFR+301.16 basis points), 1/30/2031<sup>3,4,8</sup> | 495405 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | Carlyle Global Market Strategies CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2013-1A, Class DR, 11.060% (3-Month Term SOFR+674.16 basis points), 8/14/2030<sup>3,4,8</sup> | $995000 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2014-1A, Class DR, 7.141% (3-Month Term SOFR+286.16 basis points), 4/17/2031<sup>3,4,8</sup> | 750024 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2014-2RA, Class C, 7.385% (3-Month Term SOFR+306.16 basis points), 5/15/2031<sup>3,4,8</sup> | 1986887 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2012-4A, Class DR3, 7.772% (3-Month Term SOFR+350 basis points), 4/22/2032<sup>3,4,8</sup> | 1497738 |
|  | CBAM Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2017-4A, Class D, 7.118% (3-Month Term SOFR+286.16 basis points), 1/15/2031<sup>3,4,8</sup> | 2001615 |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2018-5A, Class D, 7.041% (3-Month Term SOFR+276.16 basis points), 4/17/2031<sup>3,4,8</sup> | 2467190 |
|  | Cedar Funding CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2018-7A, Class DR, 7.019% (3-Month Term SOFR+275 basis points), 1/20/2031<sup>3,4,8</sup> | 1973713 |
| 1200000 | &nbsp;&nbsp;&nbsp;Series 2016-6A, Class DRR, 7.841% (3-Month Term SOFR+357.16 basis points), 4/20/2034<sup>3,4,8</sup> | 1200225 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2014-4A, Class AR3, 5.619% (3-Month Term SOFR+134 basis points), 1/23/2038<sup>3,4,8</sup> | 1490630 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2014-4A, Class DR3, 7.579% (3-Month Term SOFR+330 basis points), 1/23/2038<sup>3,4,8</sup> | 989778 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2020-12A, Class ARR, 5.457% (3-Month Term SOFR+120 basis points), 1/25/2038<sup>3,4,8</sup> | 1979646 |
| 2000000 | CIFC European Funding CLO<br> Series 3X, Class D, 5.879% (3-Month Euribor+360 basis points), 1/15/2034<sup>3,4</sup> | 2267069 |
|  | CIFC Funding Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2013-1A, Class DR, 11.172% (3-Month Term SOFR+691.16 basis points), 7/16/2030<sup>3,4,8</sup> | 1000000 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2017-4A, Class D, 10.637% (3-Month Term SOFR+636.16 basis points), 10/24/2030<sup>3,4,8</sup> | 1991172 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2013-3RA, Class D, 10.437% (3-Month Term SOFR+616.16 basis points), 4/24/2031<sup>3,4,8</sup> | 987283 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2018-3A, Class D, 7.381% (3-Month Term SOFR+311.16 basis points), 7/18/2031<sup>3,4,8</sup> | 1501741 |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2018-3A, Class E, 10.031% (3-Month Term SOFR+576.16 basis points), 7/18/2031<sup>3,4,8</sup> | 489973 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-4A, Class AR, 5.639% (3-Month Term SOFR+136 basis points), 7/23/2037<sup>3,4,8</sup> | 995925 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 1000000 | Creeksource Dunes Creek CLO Ltd.<br> Series 2024-1A, Class E, 10.484% (3-Month Term SOFR+615 basis points), 1/15/2038<sup>3,4,8</sup> | $993884 |
| 1000000 | Creeksource Dunes Creek CLO Ltd.<br> Series 2024-1A, Class D, 7.434% (3-Month Term SOFR+310 basis points), 1/15/2038<sup>3,4,8</sup> | 1004089 |
| 1250000 | Crestline Denali CLO Ltd.<br> Series 2017-1A, Class D, 8.261% (3-Month Term SOFR+399.16 basis points), 4/20/2030<sup>3,4,8</sup> | 1254662 |
| 2000000 | Cumulus Static CLO<br> Series 2024-1A, Class E, 8.796% (3-Month Euribor+624 basis points), 11/15/2033<sup>3,4,8</sup> | 2237209 |
| 1750000 | Dartry Park CLO DAC<br> Series 1X, Class CRR, 5.511% (3-Month Euribor+335 basis points), 1/28/2034<sup>3,4</sup> | 1979881 |
| 1500000 | Dewolf Park CLO Ltd.<br> Series 2017-1A, Class E, 10.718% (3-Month Term SOFR+646.16 basis points), 10/15/2030<sup>3,4,8</sup> | 1480856 |
|  | Dryden CLO Ltd. |  |
| 4000000 | &nbsp;&nbsp;&nbsp;Series 2020-86A, Class SUB, 0.000%, 7/17/2030<sup>3,8,9</sup> | 1382111 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2018-65A, Class D, 7.631% (3-Month Term SOFR+336.16 basis points), 7/18/2030<sup>3,4,8</sup> | 741220 |
| 1275000 | &nbsp;&nbsp;&nbsp;Series 2019-80A, Class DR, 7.380% (3-Month Term SOFR+310 basis points), 1/17/2033<sup>3,4,8</sup> | 1253261 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-77A, Class FR, 12.174% (3-Month Term SOFR+785.16 basis points), 5/20/2034<sup>3,4,8</sup> | 889843 |
| 1000000 | Dryden Euro CLO<br> Series 2013-29X, Class B2RE, 2.050%, 7/15/2032<sup>3</sup> | 1119887 |
| 2600000 | Dryden Leveraged CLO<br> 5.150%, 1/19/2038 | 2975102 |
|  | Dryden Senior Loan Fund |  |
| 3000000 | &nbsp;&nbsp;&nbsp;Series 2013-30A, Class DR, 7.185% (3-Month Term SOFR+286.16 basis points), 11/15/2028<sup>3,4,8</sup> | 3006901 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2013-30A, Class FR, 11.835% (3-Month Term SOFR+751.16 basis points), 11/15/2028<sup>3,4,8</sup> | 692601 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2017-49A, Class DR, 7.931% (3-Month Term SOFR+366.16 basis points), 7/18/2030<sup>3,4,8</sup> | 988862 |
| 975000 | &nbsp;&nbsp;&nbsp;Series 2016-45A, Class DRR, 7.306% (3-Month Term SOFR+305 basis points), 10/15/2030<sup>3,4,8</sup> | 967805 |
|  | Eaton Vance CLO Ltd. |  |
| 1575000 | &nbsp;&nbsp;&nbsp;Series 2015-1A, Class DR, 7.031% (3-Month Term SOFR+276.16 basis points), 1/20/2030<sup>3,4,8</sup> | 1561902 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 2250000 | &nbsp;&nbsp;&nbsp;Series 2013-1A, Class D3R, 11.318% (3-Month Term SOFR+706.16 basis points), 1/15/2034<sup>3,4,8</sup> | $2170167 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-2A, Class ER2, 10.756% (3-Month Term SOFR+650 basis points), 10/15/2037<sup>3,4,8</sup> | 966772 |
|  | Elmwood CLO Ltd. |  |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2022-1A, Class E, 10.622% (3-Month Term SOFR+635 basis points), 4/20/2035<sup>3,4,8</sup> | 2464690 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2022-8A, Class FR, 12.019% (3-Month Term SOFR+775 basis points), 10/20/2036<sup>3,4,8</sup> | 1494669 |
| 3500000 | &nbsp;&nbsp;&nbsp;Series 2020-1A, Class AR, 5.729% (3-Month Term SOFR+146 basis points), 4/18/2037<sup>3,4,8</sup> | 3504843 |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2020-3A, Class ARR, 5.649% (3-Month Term SOFR+138 basis points), 7/18/2037<sup>3,4,8</sup> | 2492123 |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2019-3A, Class A1RR, 5.649% (3-Month Term SOFR+138 basis points), 7/18/2037<sup>3,4,8</sup> | 500125 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class D2R, 8.234% (3-Month Term SOFR+395 basis points), 4/17/2038<sup>3,4,8</sup> | 737802 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2021-2A, Class D1R, 6.972% (3-Month Term SOFR+265 basis points), 4/20/2038<sup>3,4,8</sup> | 1952934 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-2A, Class D2R, 8.072% (3-Month Term SOFR+375 basis points), 4/20/2038<sup>3,4,8</sup> | 999124 |
|  | &nbsp;&nbsp;&nbsp;Empower CLO Ltd. |  |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class D, 9.782% (3-Month Term SOFR+550 basis points), 4/25/2036<sup>3,4,8</sup> | 1250000 |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2022-1A, Class A1R, 5.659% (3-Month Term SOFR+139 basis points), 10/20/2037<sup>3,4,8</sup> | 2506757 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2022-1A, Class D1R, 7.269% (3-Month Term SOFR+300 basis points), 10/20/2037<sup>3,4,8</sup> | 1509265 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class D1R, 9.782% (3-Month Term SOFR+385 basis points), 4/25/2038<sup>3,4,8</sup> | 1500000 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class ER, 9.782% (3-Month Term SOFR+734 basis points), 4/25/2038<sup>3,4,8</sup> | 1237500 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2025-1A, Class D2, 0.000% (3-Month Term SOFR+450 basis points), 7/20/2038<sup>3,4,8,10</sup> | 1000000 |
|  | Flatiron CLO Ltd. |  |
| 5425000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class SUB, 0.000%, 5/15/2030<sup>3,8,9</sup> | 357068 |
| 8000000 | &nbsp;&nbsp;&nbsp;Series 2018-1A, Class SUB, 0.000%, 4/17/2031<sup>3,8,9</sup> | 2985600 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-1A, Class ER, 10.772% (3-Month Term SOFR+645 basis points), 5/20/2036<sup>3,4,8</sup> | 985799 |
|  | &nbsp;&nbsp;&nbsp;Galaxy CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-26A, Class F, 12.590% (3-Month Term SOFR+826.16 basis points), 11/22/2031<sup>3,4,8</sup> | 988777 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-32A, Class E, 11.599% (3-Month Term SOFR+733 basis points), 10/20/2036<sup>3,4,8</sup> | $1009996 |
|  | Generate CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 3A, Class D2R, 9.169% (3-Month Term SOFR+490 basis points), 10/20/2036<sup>3,4,8</sup> | 2010163 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 7A, Class D1R, 8.272% (3-Month Term SOFR+400 basis points), 4/22/2037<sup>3,4,8</sup> | 1256079 |
| 750000 | GoldenTree Loan Management EUR CLO DAC<br> Series 5X, Class E, 7.486% (3-Month Euribor+525 basis points), 4/20/2034<sup>3,4</sup> | 830106 |
|  | GoldenTree Loan Management U.S. CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-5A, Class DRR, 7.069% (3-Month Term SOFR+280 basis points), 10/20/2032<sup>3,4,8</sup> | 997970 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-7A, Class FR, 12.281% (3-Month Term SOFR+801.16 basis points), 4/20/2034<sup>3,4,8</sup> | 983799 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-9A, Class FR, 12.729% (3-Month Term SOFR+846 basis points), 4/20/2037<sup>3,4,8</sup> | 996867 |
| 1250000 | Goldentree Loan Opportunities Ltd.<br> Series 2016-12A, Class DR, 7.431% (3-Month Term SOFR+316.16 basis points), 7/21/2030<sup>3,4,8</sup> | 1253462 |
| 1500000 | GoldenTree Loan Opportunities Ltd.<br> Series 2016-12A, Class ER, 9.931% (3-Month Term SOFR+566.16 basis points), 7/21/2030<sup>3,4,8</sup> | 1506764 |
| 2000000 | Golub Capital Partners CLO Ltd.<br> Series 2024-74A, Class A, 5.782% (3-Month Term SOFR+150 basis points), 7/25/2037<sup>3,4,8</sup> | 1997795 |
| 500000 | Greenwood Park CLO Ltd.<br> Series 2018-1A, Class E, 9.468% (3-Month Term SOFR+521.16 basis points), 4/15/2031<sup>3,4,8</sup> | 489142 |
| 1000000 | Griffith Park CLO DAC<br> Series 1X, Class DR, 8.049% (3-Month Euribor+552 basis points), 11/21/2031<sup>3,4</sup> | 1137349 |
| 4000000 | Grippen Park CLO Ltd.<br> Series 2017-1A, Class SUB, 0.000%, 1/20/2030<sup>3,8,9</sup> | 94800 |
|  | Highbridge Loan Management Ltd. |  |
| 850000 | &nbsp;&nbsp;&nbsp;Series 3A-2014, Class CR, 8.131% (3-Month Term SOFR+386.16 basis points), 7/18/2029<sup>3,4,8</sup> | 853200 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 5A-2015, Class DR3, 7.256% (3-Month Term SOFR+300 basis points), 10/15/2030<sup>3,4,8</sup> | 1231774 |
| 3500000 | &nbsp;&nbsp;&nbsp;Series 12A-18, Class SUB, 0.000%, 7/18/2031<sup>3,8,9</sup> | 22400 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | HPS Loan Management Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 13A-18, Class DR, 7.206% (3-Month Term SOFR+295 basis points), 10/15/2030<sup>3,4,8</sup> | $1001532 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 15A-19, Class ER, 11.072% (3-Month Term SOFR+680 basis points), 1/22/2035<sup>3,4,8</sup> | 1996134 |
| 1000000 | Invesco U.S. CLO Ltd.<br> Series 2023-2A, Class ER, 12.650% (3-Month Term SOFR+788 basis points), 4/21/2038<sup>3,4,8</sup> | 970000 |
| 1335000 | Jamestown CLO Ltd.<br> Series 2018-11A, Class D, 10.523% (3-Month Term SOFR+628.16 basis points), 7/14/2031<sup>3,4,8</sup> | 1316103 |
| 1793225 | Madison Park Funding Ltd.<br> Series 2019-35A, Class A1R, 5.521% (3-Month Term SOFR+125.16 basis points), 4/20/2032<sup>3,4,8</sup> | 1790614 |
|  | Magnetite Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-20A, Class E, 9.881% (3-Month Term SOFR+561.16 basis points), 4/20/2031<sup>3,4,8</sup> | 994866 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2022-35A, Class ER, 11.532% (3-Month Term SOFR+725 basis points), 10/25/2036<sup>3,4,8</sup> | 757498 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-39A, Class D1R, 6.982% (3-Month Term SOFR+270 basis points), 1/25/2037<sup>3,4,8</sup> | 1482994 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2021-29A, Class AR, 5.606% (3-Month Term SOFR+135 basis points), 7/15/2037<sup>3,4,8</sup> | 2006208 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-28A, Class D1RR, 6.956% (3-Month Term SOFR+270 basis points), 1/15/2038<sup>3,4,8</sup> | 976959 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2020-26A, Class D1R2, 6.766% (3-Month Term SOFR+250 basis points), 1/25/2038<sup>3,4,8</sup> | 1945233 |
| 1500000 | Menlo CLO Ltd.<br> Series 2024-1A, Class A1, 5.689% (3-Month Term SOFR+142 basis points), 1/20/2038<sup>3,4,8</sup> | 1500272 |
|  | Menlo CLO Ltd. |  |
| 1375000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class D1, 7.519% (3-Month Term SOFR+325 basis points), 1/20/2038<sup>3,4,8</sup> | 1382719 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2025-2A, Class D1, 0.000% (3-Month Term SOFR+330 basis points), 4/20/2038<sup>3,4,8,10</sup> | 1500000 |
| 800000 | Milos CLO Ltd.<br> Series 2017-1A, Class ER, 10.681% (3-Month Term SOFR+641.16 basis points), 10/20/2030<sup>3,4,8</sup> | 763482 |
|  | Morgan Stanley Eaton Vance CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class E, 11.291% (3-Month Term SOFR+701.16 basis points), 10/20/2034<sup>3,4,8</sup> | 975452 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2022-16A, Class E, 11.106% (3-Month Term SOFR+685 basis points), 4/15/2035<sup>3,4,8</sup> | $1203455 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-19A, Class E, 13.172% (3-Month Term SOFR+890 basis points), 7/20/2036<sup>3,4,8</sup> | 1010316 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2022-18A, Class D1R, 7.369% (3-Month Term SOFR+310 basis points), 10/20/2037<sup>3,4,8</sup> | 1004628 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2022-18A, Class ER, 10.419% (3-Month Term SOFR+615 basis points), 10/20/2037<sup>3,4,8</sup> | 1470538 |
|  | Mountain View CLO Ltd. |  |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2019-1A, Class DR, 8.458% (3-Month Term SOFR+420.16 basis points), 10/15/2034<sup>3,4,8</sup> | 752851 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-2A, Class DR, 8.856% (3-Month Term SOFR+460 basis points), 7/15/2037<sup>3,4,8</sup> | 1005054 |
|  | Neuberger Berman CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2017-16SA, Class A1R2, 5.490% (3-Month Term SOFR+118 basis points), 4/15/2039<sup>3,4,8</sup> | 1988500 |
| 1750000 | &nbsp;&nbsp;&nbsp;Series 2017-16SA, Class D1R2, 7.010% (3-Month Term SOFR+270 basis points), 4/15/2039<sup>3,4,8</sup> | 1722284 |
|  | &nbsp;&nbsp;&nbsp;Neuberger Berman Loan Advisers CLO Ltd. |  |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2024-55A, Class E, 10.769% (3-Month Term SOFR+650 basis points), 4/22/2038<sup>3,4,8</sup> | 1235475 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-27A, Class D2R, 8.756% (3-Month Term SOFR+450 basis points), 7/15/2038<sup>3,4,8</sup> | 1005749 |
| 1175000 | &nbsp;&nbsp;&nbsp;Series 2018-27A, Class ER, 11.006% (3-Month Term SOFR+675 basis points), 7/15/2038<sup>3,4,8</sup> | 1153202 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-33A, Class D2R2, 8.411% (3-Month Term SOFR+415 basis points), 4/16/2039<sup>3,4,8</sup> | 998930 |
| 1000000 | Neuberger Berman Loan Advisers Euro CLO<br> Series 2021-1X, Class D, 5.263% (3-Month Euribor+300 basis points), 4/17/2034<sup>3,4</sup> | 1128006 |
|  | &nbsp;&nbsp;&nbsp;New Mountain CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series CLO-3A, Class E, 11.131% (3-Month Term SOFR+686.16 basis points), 10/20/2034<sup>3,4,8</sup> | 998355 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series CLO-1A, Class DRR, 7.106% (3-Month Term SOFR+285 basis points), 1/15/2038<sup>3,4,8</sup> | 1494224 |
|  | &nbsp;&nbsp;&nbsp;New Mountain CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series CLO-5A, Class E, 11.119% (3-Month Term SOFR+685 basis points), 4/20/2036<sup>3,4,8</sup> | 1005100 |
| 500000 | &nbsp;&nbsp;&nbsp;Series CLO-4A, Class E, 12.422% (3-Month Term SOFR+815 basis points), 4/20/2036<sup>3,4,8</sup> | 500000 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | Newark BSL CLO Ltd. |  |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class CR, 7.693% (3-Month Term SOFR+341.16 basis points), 7/25/2030<sup>3,4,8</sup> | $1237269 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class D, 10.843% (3-Month Term SOFR+656.16 basis points), 7/25/2030<sup>3,4,8</sup> | 1442791 |
| 4000000 | Oaktree CLO Ltd.<br> Series 2024-25A, Class A, 5.819% (3-Month Term SOFR+155 basis points), 4/20/2037<sup>3,4,8</sup> | 4008378 |
|  | OCP CLO Ltd. |  |
| 2050000 | &nbsp;&nbsp;&nbsp;Series 2014-5A, Class CR, 7.444% (3-Month Term SOFR+316.16 basis points), 4/26/2031<sup>3,4,8</sup> | 2051776 |
| 1700000 | &nbsp;&nbsp;&nbsp;Series 2019-16A, Class ER, 10.822% (3-Month Term SOFR+661.16 basis points), 4/10/2033<sup>3,4,8</sup> | 1697269 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-28A, Class E, 12.661% (3-Month Term SOFR+840 basis points), 7/16/2036<sup>3,4,8</sup> | 1007111 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-30A, Class E, 11.365% (3-Month Term SOFR+709 basis points), 1/24/2037<sup>3,4,8</sup> | 1514992 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-32A, Class D2, 9.050%, 4/23/2037<sup>3,8</sup> | 1016103 |
| 895000 | &nbsp;&nbsp;&nbsp;Series 2024-32A, Class E, 11.039% (3-Month Term SOFR+676 basis points), 4/23/2037<sup>3,4,8</sup> | 879178 |
| 1025000 | &nbsp;&nbsp;&nbsp;Series 2020-18A, Class A1R2, 5.639% (3-Month Term SOFR+137 basis points), 7/20/2037<sup>3,4,8</sup> | 1022396 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2022-25A, Class A1R, 5.689% (3-Month Term SOFR+142 basis points), 7/20/2037<sup>3,4,8</sup> | 1498358 |
| 1305000 | &nbsp;&nbsp;&nbsp;Series 2020-18A, Class ER2, 10.519% (3-Month Term SOFR+625 basis points), 7/20/2037<sup>3,4,8</sup> | 1298722 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2021-22A, Class D1R, 7.269% (3-Month Term SOFR+300 basis points), 10/20/2037<sup>3,4,8</sup> | 1503985 |
| 1000000 | OCP Euro DAC<br> Series 2025-12A, Class B2, 4.700%, 1/20/2038<sup>3,8</sup> | 1138139 |
|  | Octagon Investment Partners Ltd. |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2018-2A, Class C, 7.393% (3-Month Term SOFR+311.16 basis points), 7/25/2030<sup>3,4,8</sup> | 1485298 |
| 1805000 | &nbsp;&nbsp;&nbsp;Series 2013-1A, Class DR2, 7.043% (3-Month Term SOFR+276.16 basis points), 1/25/2031<sup>3,4,8</sup> | 1796662 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-18A, Class C, 7.222% (3-Month Term SOFR+296.16 basis points), 4/16/2031<sup>3,4,8</sup> | 982601 |
| 2000000 | OHA Credit Funding Ltd.<br> Series 2021-8A, Class D1R, 6.919% (3-Month Term SOFR+265 basis points), 1/20/2038<sup>3,4,8</sup> | 1965834 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | OZLM Ltd. |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2017-21A, Class C, 7.201% (3-Month Term SOFR+293.16 basis points), 1/20/2031<sup>3,4,8</sup> | $1504240 |
| 1750000 | &nbsp;&nbsp;&nbsp;Series 2014-6A, Class CT, 7.180% (3-Month Term SOFR+290 basis points), 4/17/2031<sup>3,4,8</sup> | 1752244 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2014-6A, Class DS, 10.591% (3-Month Term SOFR+631.16 basis points), 4/17/2031<sup>3,4,8</sup> | 1353913 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2018-20A, Class C, 7.481% (3-Month Term SOFR+321.16 basis points), 4/20/2031<sup>3,4,8</sup> | 1505485 |
| 1000000 | Park Avenue Institutional Advisers CLO Ltd.<br> Series 2018-1A, Class C, 7.861% (3-Month Term SOFR+359.16 basis points), 10/20/2031<sup>3,4,8</sup> | 1000346 |
|  | Post CLO Ltd. |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class D, 9.522% (3-Month Term SOFR+525 basis points), 4/20/2036<sup>3,4,8</sup> | 1507259 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2023-1A, Class E, 12.172% (3-Month Term SOFR+790 basis points), 4/20/2036<sup>3,4,8</sup> | 2012064 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class E, 11.069% (3-Month Term SOFR+680 basis points), 4/20/2037<sup>3,4,8</sup> | 995830 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2024-2A, Class A1, 5.876% (3-Month Term SOFR+142 basis points), 1/20/2038<sup>3,4,8</sup> | 1997093 |
| 750000 | PPM CLO Ltd.<br> Series 2019-3A, Class ER, 11.151% (3-Month Term SOFR+687.16 basis points), 4/17/2034<sup>3,4,8</sup> | 662826 |
|  | Recette CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2015-1A, Class YRR, 0.100%, 4/20/2034<sup>3,8</sup> | 28647 |
| 1750000 | &nbsp;&nbsp;&nbsp;Series 2015-1A, Class FRR, 13.001% (3-Month Term SOFR+873.16 basis points), 4/20/2034<sup>3,4,8</sup> | 1580178 |
|  | Regatta Funding Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-2A, Class ER, 11.356% (3-Month Term SOFR+710 basis points), 1/15/2033<sup>3,4,8</sup> | 1003291 |
| 3000000 | &nbsp;&nbsp;&nbsp;Series 2016-1A, Class A1R2, 5.716% (3-Month Term SOFR+141.16 basis points), 6/20/2034<sup>3,4,8</sup> | 3006291 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER2, 10.966% (3-Month Term SOFR+666.16 basis points), 6/20/2034<sup>3,4,8</sup> | 1233469 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-2A, Class D, 9.532% (3-Month Term SOFR+525 basis points), 1/25/2037<sup>3,4,8</sup> | 1006044 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class D1R, 7.980% (3-Month Term SOFR+370 basis points), 4/17/2037<sup>3,4,8</sup> | 999811 |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class D2R, 9.280% (3-Month Term SOFR+500 basis points), 4/17/2037<sup>3,4,8</sup> | 501830 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2017-3A, Class AR, 5.760% (3-Month Term SOFR+148 basis points), 7/17/2037<sup>3,4,8</sup> | $2001738 |
| 1250000 | &nbsp;&nbsp;&nbsp;Series 2018-1A, Class ER, 11.030% (3-Month Term SOFR+675 basis points), 7/17/2037<sup>3,4,8</sup> | 1244394 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2021-5A, Class D2R, 8.269% (3-Month Term SOFR+400 basis points), 1/20/2038<sup>3,4,8</sup> | 977118 |
| 2075000 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class D1R, 6.856% (3-Month Term SOFR+260 basis points), 4/15/2038<sup>3,4,8</sup> | 2031338 |
| 625000 | Riserva CLO Ltd.<br> Series 2016-3A, Class FRR, 13.041% (3-Month Term SOFR+877.16 basis points), 1/18/2034<sup>3,4,8</sup> | 566658 |
| 1000000 | Rockford Tower CLO Ltd.<br> Series 2017-2A, Class ER, 10.768% (3-Month Term SOFR+651.16 basis points), 10/15/2029<sup>3,4,8</sup> | 989048 |
| 1500000 | RR 15 Ltd.<br> Series 2021-15A, Class C, 7.418% (3-Month Term SOFR+316.16 basis points), 4/15/2036<sup>3,4,8</sup> | 1481569 |
| 2250000 | RR 36 Ltd.<br> Series 2024-36RA, Class C1R, 7.006% (3-Month Term SOFR+275 basis points), 1/15/2040<sup>3,4,8</sup> | 2207185 |
| 1000000 | Shackleton CLO Ltd.<br> Series 2013-4RA, Class C, 7.373% (3-Month Term SOFR+313.16 basis points), 4/13/2031<sup>3,4,8</sup> | 995398 |
|  | Signal Peak CLO Ltd. |  |
| 5121212 | &nbsp;&nbsp;&nbsp;Series 2017-4A, Class SUB, 0.000%, 10/26/2034<sup>3,8,9</sup> | 817697 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-5A, Class D1R, 8.482% (3-Month Term SOFR+420 basis points), 4/25/2037<sup>3,4,8</sup> | 985197 |
|  | Silver Point CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2024-6A, Class D1, 7.556% (3-Month Term SOFR+330 basis points), 10/15/2037<sup>3,4,8</sup> | 993280 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2023-2A, Class D1R, 7.419% (3-Month Term SOFR+315 basis points), 4/20/2038<sup>3,4,8</sup> | 1499919 |
| 2325000 | Sixth Street CLO Ltd.<br> Series 2023-22A, Class D1R, 6.919% (3-Month Term SOFR+265 basis points), 4/21/2038<sup>3,4,8</sup> | 2283920 |
|  | Sound Point CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-2A, Class D, 7.544% (3-Month Term SOFR+326.16 basis points), 7/26/2031<sup>3,4,8</sup> | 994111 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-3A, Class DR, 8.043% (3-Month Term SOFR+376.16 basis points), 10/25/2034<sup>3,4,8</sup> | 960085 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
|  | Symphony CLO Ltd. |  |
| 1480862 | &nbsp;&nbsp;&nbsp;Series 2019-21A, Class AR2, 5.156% (3-Month Term SOFR+90 basis points), 7/15/2032<sup>3,4,8</sup> | $1469478 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2016-18A, Class DRR, 7.229% (3-Month Term SOFR+295 basis points), 7/23/2033<sup>3,4,8</sup> | 998229 |
|  | TCI-Flatiron CLO Ltd. |  |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER3, 10.530% (3-Month Term SOFR+625 basis points), 1/17/2032<sup>3,4,8</sup> | 1510435 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2018-1X, Class ER, 10.692% (3-Month Term SOFR+641.16 basis points), 1/29/2032<sup>3,4</sup> | 1006756 |
| 1000000 | Thayer Park CLO Ltd.<br> Series 2017-1A, Class ER, 13.401% (3-Month Term SOFR+913.16 basis points), 4/20/2034<sup>3,4,8</sup> | 923719 |
|  | THL Credit Wind River CLO Ltd. |  |
| 2350000 | &nbsp;&nbsp;&nbsp;Series 2013-2A, Class DR, 7.481% (3-Month Term SOFR+321.16 basis points), 10/18/2030<sup>3,4,8</sup> | 2350009 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2015-1A, Class ER, 10.331% (3-Month Term SOFR+606.16 basis points), 10/20/2030<sup>3,4,8</sup> | 1467466 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2014-2A, Class DR, 7.418% (3-Month Term SOFR+316.16 basis points), 1/15/2031<sup>3,4,8</sup> | 1000717 |
| 795598 | &nbsp;&nbsp;&nbsp;Series 2019-3A, Class AR2, 5.316% (3-Month Term SOFR+106 basis points), 4/15/2031<sup>3,4,8</sup> | 793870 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2019-3A, Class DR2, 7.356% (3-Month Term SOFR+310 basis points), 4/15/2031<sup>3,4,8</sup> | 747280 |
|  | Trestles CLO Ltd. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2017-1A, Class A1RR, 5.742% (3-Month Term SOFR+146 basis points), 7/25/2037<sup>3,4,8</sup> | 1002664 |
| 1950000 | &nbsp;&nbsp;&nbsp;Series 2018-2A, Class A1R, 5.852% (3-Month Term SOFR+157 basis points), 7/25/2037<sup>3,4,8</sup> | 1958433 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-6A, Class A1R, 5.454% (3-Month Term SOFR+118 basis points), 4/25/2038<sup>3,4,8</sup> | 984554 |
|  | Trinitas CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2023-25A, Class D1, 9.279% (3-Month Term SOFR+500 basis points), 1/23/2037<sup>3,4,8</sup> | 2007345 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2024-29A, Class A1, 5.769% (3-Month Term SOFR+149 basis points), 7/23/2037<sup>3,4,8</sup> | 1995491 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2025-34A, Class D1, 0.000% (3-Month Term SOFR+400 basis points), 4/22/2038<sup>3,4,8</sup> | 1500000 |
| 750000 | &nbsp;&nbsp;&nbsp;Series 2025-34A, Class E, 0.000% (3-Month Term SOFR+716 basis points), 4/22/2038<sup>3,4,8</sup> | 735000 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 808452 | Upland CLO Ltd.<br> Series 2016-1A, Class A1AR, 5.551% (3-Month Term SOFR+128.16 basis points), 4/20/2031<sup>3,4,8</sup> | $809923 |
| 1000000 | Verdelite Static CLO Ltd.<br> Series 2024-1A, Class D, 7.119% (3-Month Term SOFR+285 basis points), 7/20/2032<sup>3,4,8</sup> | 997739 |
|  | Voya CLO Ltd. |  |
| 500000 | &nbsp;&nbsp;&nbsp;Series 2013-1A, Class CR, 7.468% (3-Month Term SOFR+321.16 basis points), 10/15/2030<sup>3,4,8</sup> | 500999 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2014-1A, Class CR2, 7.331% (3-Month Term SOFR+306.16 basis points), 4/18/2031<sup>3,4,8</sup> | 1004743 |
| 1800000 | &nbsp;&nbsp;&nbsp;Series 2018-1A, Class C, 7.131% (3-Month Term SOFR+286.16 basis points), 4/19/2031<sup>3,4,8</sup> | 1780616 |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2018-3A, Class D, 7.518% (3-Month Term SOFR+326.16 basis points), 10/15/2031<sup>3,4,8</sup> | 1992868 |
| 2500000 | &nbsp;&nbsp;&nbsp;Series 2016-3A, Class CR, 7.781% (3-Month Term SOFR+351.16 basis points), 10/18/2031<sup>3,4,8</sup> | 2428718 |
| 3000000 | &nbsp;&nbsp;&nbsp;Series 2017-3A, Class CRR, 7.369% (3-Month Term SOFR+310 basis points), 4/20/2034<sup>3,4,8</sup> | 2996806 |
| 1125000 | &nbsp;&nbsp;&nbsp;Series 2022-3A, Class ER, 12.269% (3-Month Term SOFR+800 basis points), 10/20/2036<sup>3,4,8</sup> | 1132313 |
| 250000 | &nbsp;&nbsp;&nbsp;Series 2022-4A, Class ER, 10.969% (3-Month Term SOFR+670 basis points), 4/20/2037<sup>3,4,8</sup> | 249632 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2019-1A, Class D1RR, 7.306% (3-Month Term SOFR+305 basis points), 10/15/2037<sup>3,4,8</sup> | 1006171 |
| 1500000 | &nbsp;&nbsp;&nbsp;Series 2020-3A, Class ARR, 5.519% (3-Month Term SOFR+125 basis points), 1/20/2038<sup>3,4,8</sup> | 1494241 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-3A, Class D1RR, 6.969% (3-Month Term SOFR+270 basis points), 1/20/2038<sup>3,4,8</sup> | 986085 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-3A, Class D2RR, 8.119% (3-Month Term SOFR+385 basis points), 1/20/2038<sup>3,4,8</sup> | 989795 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2020-2A, Class D2RR, 8.280% (3-Month Term SOFR+400 basis points), 1/20/2038<sup>3,4,8</sup> | 976657 |
| 2000000 | Voya Euro CLO DAC<br> Series 1A, Class B2R, 5.150%, 10/15/2037<sup>3,8</sup> | 2299735 |
| 411148 | Wellfleet CLO Ltd.<br> Series 2018-2A, Class A1R, 5.349% (3-Month Term SOFR+108 basis points), 10/20/2031<sup>3,4,8</sup> | 410255 |
|  | Whitebox CLO Ltd. |  |
| 2000000 | &nbsp;&nbsp;&nbsp;Series 2023-4A, Class D1R, 8.185% (3-Month Term SOFR+390 basis points), 4/20/2036<sup>3,4,8</sup> | 2000000 |
| 1000000 | &nbsp;&nbsp;&nbsp;Series 2023-4A, Class ER, 10.765% (3-Month Term SOFR+648 basis points), 4/20/2036<sup>3,4,8</sup> | 985000 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 750000 | Wind River CLO Ltd.<br> Series 2014-3A, Class DR2, 7.934% (3-Month Term SOFR+366.16 basis points), 10/22/2031<sup>3,4,8</sup> | $751249 |
|  | **Total Asset-Backed Securities** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $324,048,852) | **318029114** |
|  | **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.8%** |  |
| 203000 | DBUBS Mortgage Trust<br> Series 2011-LC3A, Class PM2, 5.268%, 5/10/2044<sup>3,8,9</sup> | 145897 |
| 3488685 | GS Mortgage Securities Corp Trust<br> Series 2012-BWTR, Class A, 2.954%, 11/5/2034<sup>3,8</sup> | 3037071 |
| 500000 | WFLD Mortgage Trust<br> Series 2014-MONT, Class D, 3.880%, 8/10/2031<sup>3,8,9</sup> | 367480 |
| 750000 | Worldwide Plaza Trust<br> Series 2017-WWP, Class F, 3.715%, 11/10/2036<sup>8,9</sup> | 43313 |
|  | **Total Commercial Mortgage-Backed Securities** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $4,125,676) | **3593761** |
|  | **CORPORATE — 6.1%** |  |
|  | **BASIC MATERIALS — 0.4%** |  |
| 900000 | Novelis Corp.<br> 4.750%, 1/30/2030<sup>3,8</sup> | 838125 |
| 925000 | SCIL USA Holdings LLC<br> 5.375%, 11/1/2026<sup>3,8</sup> | 913438 |
|  |  | **1751563** |
|  | **COMMUNICATIONS — 0.7%** |  |
| 1025000 | Altice Financing S.A.<br> 5.000%, 1/15/2028<sup>3,7,8</sup> | 781563 |
| 1075000 | Match Group, Inc.<br> 4.625%, 6/1/2028<sup>3,8</sup> | 1036031 |
| 545000 | Summer BC Holdco B SARL<br> 5.875%, 2/15/2030<sup>3</sup> | 603876 |
| 950000 | Zegona Finance PLC<br> 8.625%, 7/15/2029<sup>3,7,8</sup> | 1010562 |
|  |  | **3432032** |
|  | **CONSUMER, CYCLICAL — 0.3%** |  |
| 1160000 | Deuce Finco PLC<br> 5.500%, 6/15/2027<sup>3</sup> | **1530925** |
|  | **CONSUMER, NON-CYCLICAL — 1.0%** |  |
| 950000 | AHP Health Partners, Inc.<br> 5.750%, 7/15/2029<sup>3,8</sup> | 874000 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **CORPORATE (Continued)** |  |
|  | **CONSUMER, NON-CYCLICAL (Continued)** |  |
| 875000 | Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl<br> 4.625%, 6/1/2028<sup>3,7,8</sup> | $841897 |
| 695000 | Grifols Escrow Issuer S.A.<br> 4.750%, 10/15/2028<sup>3,7,8</sup> | 648956 |
| 982000 | HAH Group Holding Co. LLC<br> 9.750%, 10/1/2031<sup>3,8</sup> | 943070 |
| 219000 | Prime Security Services Borrower LLC / Prime Finance, Inc.<br> 3.375%, 8/31/2027<sup>3,8</sup> | 209145 |
| 925000 | Primo Water Holdings, Inc. / Triton Water Holdings, Inc.<br> 6.250%, 4/1/2029<sup>3,8</sup> | 921156 |
| 400000 | WEX, Inc.<br> 6.500%, 3/15/2033<sup>3,8</sup> | 389350 |
|  |  | **4827574** |
|  | **ENERGY — 0.7%** |  |
| 1075000 | Archrock Partners LP / Archrock Partners Finance Corp.<br> 6.250%, 4/1/2028<sup>3,8</sup> | 1076344 |
| 300000 | Murray Energy Corp.<br> 11.250%, 10/17/2027\*<sup>,3,8,10,11</sup> |  |
| 1200000 | Star Holding LLC<br> 8.750%, 8/1/2031<sup>3,8</sup> | 1101000 |
| 659000 | Venture Global LNG, Inc.<br> 8.125%, 6/1/2028<sup>3,8</sup> | 655705 |
| 700000 | XPLR Infrastructure LP<br> 2.500%, 6/15/2026<sup>8,12</sup> | 659750 |
|  |  | **3492799** |
|  | **FINANCIAL — 0.8%** |  |
| 500000 | Acrisure LLC / Acrisure Finance, Inc.<br> 7.500%, 11/6/2030<sup>3,8</sup> | 509778 |
| 500000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer<br> 4.250%, 10/15/2027<sup>3,8</sup> | 482943 |
| 825000 | Blackstone Mortgage Trust, Inc.<br> 3.750%, 1/15/2027<sup>3,8</sup> | 785016 |
| 1100000 | CoreLogic, Inc.<br> 4.500%, 5/1/2028<sup>3,8</sup> | 1042048 |
| 750000 | Howden UK Refinance PLC<br> 8.125%, 2/15/2032<sup>3,7,8</sup> | 761766 |
|  |  | **3581551** |
|  | **INDUSTRIAL — 0.5%** |  |
| 675000 | Graphic Packaging International LLC<br> 3.500%, 3/15/2028<sup>3,8</sup> | 638719 |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **BONDS (Continued)** |  |
|  | **CORPORATE (Continued)** |  |
|  | **INDUSTRIAL (Continued)** |  |
| 750000 | Smyrna Ready Mix Concrete LLC<br> 6.000%, 11/1/2028<sup>3,8</sup> | $734062 |
| 1000000 | Trivium Packaging Finance B.V.<br> 8.500%, 8/15/2027<sup>3,7,8</sup> | 989732 |
|  |  | **2362513** |
|  | **TECHNOLOGY — 0.9%** |  |
| 1175000 | Ellucian Holdings, Inc.<br> 6.500%, 12/1/2029<sup>3,8</sup> | 1177937 |
| 1050000 | Entegris, Inc.<br> 4.375%, 4/15/2028<sup>3,8</sup> | 1013250 |
|  | ON Semiconductor Corp. |  |
| 544000 | &nbsp;&nbsp;&nbsp;3.875%, 9/1/2028<sup>3,8</sup> | 514873 |
| 280000 | &nbsp;&nbsp;&nbsp;0.500%, 3/1/2029<sup>12</sup> | 240635 |
| 540000 | Rocket Software, Inc.<br> 6.500%, 2/15/2029<sup>3,8</sup> | 515025 |
| 725000 | Virtusa Corp.<br> 7.125%, 12/15/2028<sup>3,8</sup> | 692171 |
|  |  | **4153891** |
|  | **UTILITIES — 0.8%** |  |
| 244000 | Atlantica Sustainable Infrastructure PLC<br> 4.125%, 6/15/2028<sup>3,7,8</sup> | 233160 |
| 1131000 | Calpine Corp.<br> 4.500%, 2/15/2028<sup>3,8</sup> | 1108380 |
| 341000 | Clearway Energy Operating LLC<br> 4.750%, 3/15/2028<sup>3,8</sup> | 333754 |
| 1275000 | Pike Corp.<br> 5.500%, 9/1/2028<sup>3,8</sup> | 1251094 |
| 139000 | Talen Energy Supply LLC<br> 8.625%, 6/1/2030<sup>3,8</sup> | 148209 |
| 540000 | Venture Global Plaquemines LNG LLC<br> 7.500%, 5/1/2033<sup>3,8</sup> | 554175 |
|  |  | **3628772** |
|  | **Total Corporate** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $29,052,237) | **28761620** |
|  | **Total Bonds** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $357,226,765) | **350384495** |

---

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON EQUITY — 0.1%** |  |
|  | **CONSUMER, CYCLICAL — 0.1%** |  |
| 6465 | Aimbridge Acquisition Co., Inc. | $426690 |
|  | **CONSUMER, NON-CYCLICAL — 0.0%** |  |
| 106 | Wellpath Recovery Solutions | 2379 |
|  | **Total Common Equity** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $429,069) | **429069** |
|  | **EXCHANGE-TRADED FUNDS — 0.1%** |  |
| 5311 | Palmer Square CLO Senior Debt ETF<sup>13</sup> | 107229 |
| 6805 | Palmer Square Credit Opportunities ETF<sup>13</sup> | 138073 |
|  | **Total Exchange-Traded Funds** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $244,336) | **245302** |

---

---

| | | |
|:---|:---|:---|
| Number<br> of Contracts |  |  |
|  | **PURCHASED OPTION CONTRACTS — 0.0%** |  |
|  | **PUT OPTIONS — 0.0%** |  |
| 50 | Transdigm Group, Inc.<br> Exercise Price: $1,100.00, Notional Amount: $5,500,000,<br> Expiration Date: May 16, 2025\* | 12000 |
|  | **Total Put Options** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $190,002) | **12000** |
|  | **Total Purchased Option Contracts** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $190,002) | **12000** |

---

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  |  |
|  | **SHORT-TERM INVESTMENTS — 20.3%** |  |
| 95151301 | Fidelity Investments Money Market Funds - Treasury Portfolio - Class I, 4.15%<sup>14,15</sup> | 95151301 |
|  | **Total Short-Term Investments** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $95,151,301) | **95151301** |
|  | **TOTAL INVESTMENTS — 110.4%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $525,712,120) | **517656924** |
|  | Liabilities in Excess of Other Assets — (10.4)% | (48705042) |
|  | **TOTAL NET ASSETS — 100.0%** | $**468951882** |

---

EUR – Euro <br> ETF – Exchange-Traded Fund

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

\* Non-income producing security.

<sup>1</sup> Local currency.

<sup>2</sup> Bank loans generally pay interest at rates which are periodically determined by reference to a base lending rate plus a premium. All loans carry a variable rate of interest. These base lending rates are generally (i) the Prime Rate offered by one or more major United States banks, (ii) the lending rate offered by one or more European banks such as the London Interbank Offered Rate ("LIBOR"), (iii) the Certificate of Deposit rate, or (iv) Secured Overnight Financing Rate ("SOFR"). Bank Loans, while exempt from registration, under the Securities Act of 1933, contain certain restrictions on resale and cannot be sold publicly. Floating rate bank loans often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy.

<sup>3</sup> Callable.

<sup>4</sup> Floating rate security.

<sup>5</sup> All or a portion of the loan is unfunded.

<sup>6</sup> Denotes investments purchased on a when-issued or delayed delivery basis.

<sup>7</sup> Foreign security denominated in U.S. Dollars.

<sup>8</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities are restricted and may be resold in transactions exempt from registration normally to qualified institutional buyers. The total value of these securities is $333,862,836 which represents 71.19% of total net assets of the Fund.

<sup>9</sup> Variable rate security.

<sup>10</sup> The value of these securities was determined using significant unobservable inputs. These are reported as Level 3 securities in the Fair Value Hierarchy.

<sup>11</sup> Security is in default.

<sup>12</sup> Convertible security.

<sup>13</sup> Affiliated company.

<sup>14</sup> All or a portion of this security is segregated as collateral for securities sold short. The market value of the securities pledged as collateral was $2,146,499, which represents 0.46% of total net assets of the Fund.

<sup>15</sup> The rate is the annualized seven-day yield at period end.

**Palmer Square Opportunistic Income Fund**

**CONSOLIDATED SCHEDULE OF INVESTMENTS - Continued**

**As of April 30, 2025 (Unaudited)**

**FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br>**Sale Contracts** | <br>**Counterparty** | <br>**Currency**<br>**Exchange** | <br>**Settlement**<br>**Date** | **Currency**<br>**Amount**<br>**Sold** | **Value At**<br>**Settlement**<br>**Date** |<br>**Value At**<br>**April 30, 2025** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| EUR | JP Morgan | EUR per USD | 5/8/2025 | (2000000) | $(2178984) | $(2266885) | $(87901) |
| EUR | JP Morgan | EUR per USD | 6/5/2025 | (2750000) | (2933663) | (3122679) | (189016) |
| EUR | JP Morgan | EUR per USD | 6/25/2025 | (4498500) | (4876193) | (5114737) | (238544) |
| EUR | JP Morgan | EUR per USD | 7/24/2025 | (3300000) | (3755119) | (3758718) | (3599) |
| EUR | JP Morgan | EUR per USD | 10/15/2025 | (2000000) | (2216110) | (2289573) | (73463) |
| EUR | JP Morgan | EUR per USD | 12/2/2025 | (2600000) | (2786334) | (2981083) | (194749) |
| EUR | JP Morgan | EUR per USD | 3/27/2026 | (1000000) | (1101164) | (1153991) | (52827) |
|  |  |  |  |  | $(19847567) | $(20687666) | $(840099) |
| **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | $(19847567) | $(20687666) | $(840099) |

---

EUR – Euro

USD – U.S. Dollar

*See accompanying Notes to Consolidated Financial Statements.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PALMER SQUARE OPPORTUNISTIC INCOME FUND

- **b. Investment Company Act file number:** 811-22969

- **c. CIK number of Registrant:** 0001608016

- **d. LEI of Registrant:** 5493003AM16D4H7L6U80

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

  - **Street Address 1:** 2000 SHAWNEE MISSION PARKWAY, SUITE 300

  - **City:** MISSION WOODS

  - **State:** KS

  - **Foreign country:** US

  - **Zip / Postal Code:** 66205

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** Palmer Square Opportunistic Income Fund

- **c. LEI of Series:** 5493003AM16D4H7L6U80

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $526420163.68

**Total Liabilities:** $58012305.15

**Net Assets:** $468407858.53

**Delayed Delivery Securities:** $11366944.44

**Cash Not Reported:** $3075368.27

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 43.657264343489 | **5-Year:** 13154.253021243050 | **10-Year:** 37945.889786342118 | **30-Year:** 4576.009772154342

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

- **3-Month:** 20.363474376395 | **1-Year:** 5744.706667562213 | **5-Year:** 31960.653536315298 | **10-Year:** 23841.641124449558 | **30-Year:** 1094.304212883772

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.50%                | -0.14%               | -0.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $376902.28               | $-746613.98                                |
| Month 2  | $479298.70               | $-3003802.07                               |
| Month 3  | $-274568.25              | $-2226330.98                               |

**Designated Index Information**

- **Index Name:** Funds Security Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                          | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACRISURE LLC / FIN INC                        | Acrisure LLC / Acrisure Finance, Inc.                                           | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $509778.00    | 0.11%             | 2030-11-06      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Aimco                                         | AIMCO CLO 10 Ltd.                                                               | CUSIP: 00901AAS6<br>LEI: 5493004I93856WYBB035 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002896.30   | 0.21%             | 2037-07-22      | Floating      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Alinea CLO LTD                                | Alinea CLO 2018-1 Ltd.                                                          | CUSIP: 016269AL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1477379.40   | 0.32%             | 2031-07-20      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                      | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer                 | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $482943.50    | 0.10%             | 2027-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FINANCING SA                           | Altice Financing S.A.                                                           | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1025000 | PA      | $781562.50    | 0.17%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                     | Anchorage Capital Clo 16 Ltd.                                                   | CUSIP: 03330WAU8<br>LEI: 5493008M7D1YIDOH2C69 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992532.20    | 0.21%             | 2038-01-19      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Annisa CLO Ltd                                | Annisa CLO Ltd. 2016-2                                                          | CUSIP: 036011AW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1044430.91   | 0.22%             | 2031-07-20      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XII                                                                  | CUSIP: 03764FAD8<br>LEI: 549300M5NMLBQJXUO195 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $983478.09    | 0.21%             | 2031-04-15      | Floating      | 9.92%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XX                                                                   | CUSIP: 03765MAG5<br>LEI: 5493008YDOADR1DMZM86 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1747822.48   | 0.37%             | 2031-07-16      | Floating      | 10.22%                | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XXIII                                                                | CUSIP: 03765YBN3<br>LEI: 635400C39IXGGYE6DH05 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1236324.63   | 0.26%             | 2033-04-15      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XXVIII                                                               | CUSIP: 03766YAA1<br>LEI: 549300QCAOUF4OXOI275 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1249992.25   | 0.27%             | 2031-01-20      | Floating      | 10.03%                | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XXVIII                                                               | CUSIP: 03767CAE0<br>LEI: 549300QCAOUF4OXOI275 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2246487.75   | 0.48%             | 2031-01-20      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XXIX                                                                 | CUSIP: 03767MAL2<br>LEI: 549300AVJUID3QNR9M59 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.32%             | 2030-07-25      | Floating      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XXX                                                                  | CUSIP: 03768CAW9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.15   | 0.32%             | 2031-10-18      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| Apidos CLO Ltd                                | Apidos CLO XLII Ltd.                                                            | CUSIP: 03770GAU0<br>LEI: 213800XUV3WLXWBKOJ53 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $968473.70    | 0.21%             | 2038-04-20      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                      | Archrock Partners LP / Archrock Partners Finance Corp.                          | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1076343.75   | 0.23%             | 2028-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | Ares XXXIX CLO Ltd.                                                             | CUSIP: 04015WBL7<br>LEI: 5493005YAOTYJUJV3S58 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497900.00   | 0.32%             | 2037-07-18      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | ARES XLVII CLO Ltd.                                                             | CUSIP: 04016VAJ4<br>LEI: 5493001J0ZSE1Y09WE50 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001436.80   | 0.43%             | 2030-04-15      | Floating      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | ARES L CLO Ltd.                                                                 | CUSIP: 04018LAG0<br>LEI: 549300S7Y78W7UJHZZ39 | Long             | ABS-CBDO         | CORP              | KY        |   2150000 | PA      | $2159047.20   | 0.46%             | 2032-01-15      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | Ares LXXVI CLO Ltd.                                                             | CUSIP: 04021KAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $980000.00    | 0.21%             | 2038-05-27      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Arini US CLO Limited                          | Arini U.S. Clo I Ltd.                                                           | CUSIP: 04039AAG9<br>LEI: 2549005XY5NLS2UWEM64 | Long             | ABS-CBDO         | CORP              | KY        |    725000 | PA      | $725000.00    | 0.15%             | 2038-04-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                       | Atlantica Sustainable Infrastructure PLC                                        | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    244000 | PA      | $233160.54    | 0.05%             | 2028-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                       | Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl   | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    875000 | PA      | $841897.00    | 0.18%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                | Bain Capital Credit CLO 2018-2                                                  | CUSIP: 05682VAU9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992444.30    | 0.21%             | 2031-07-19      | Floating      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 14 Ltd.                                                           | CUSIP: 05874YAE7<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $952152.20    | 0.20%             | 2037-07-20      | Floating      | 10.12%                | Yes           |                  2 | On Loan: No      |
| Ballyrock Ltd                                 | Ballyrock CLO 23 Ltd.                                                           | CUSIP: 05875RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1100000 | PA      | $1107983.47   | 0.24%             | 2036-04-25      | Floating      | 12.45%                | Yes           |                  2 | On Loan: No      |
| Babson CLO Ltd                                | Barings CLO Ltd. 2018-IV                                                        | CUSIP: 06760XAJ3<br>LEI: 549300JWUNSCHZHF6H67 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2504409.00   | 0.53%             | 2030-10-15      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| Babson CLO Ltd                                | Barings CLO Ltd. 2024-V                                                         | CUSIP: 06763YAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002297.40   | 0.21%             | 2038-07-15      | Floating      | 7.35%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO LTD                             | Battalion Clo XV Ltd.                                                           | CUSIP: 07131AAM6<br>LEI: 549300CJP8HGT746II19 | Long             | ABS-CBDO         | CORP              | KY        |   1887080 | PA      | $1879747.56   | 0.40%             | 2033-01-17      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO LTD                             | Battalion CLO X Ltd.                                                            | CUSIP: 07132JBJ2<br>LEI: 549300RRK5G3IT4Y7N27 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $488205.35    | 0.10%             | 2035-01-25      | Floating      | 7.99%                 | Yes           |                  2 | On Loan: No      |
| Bean Creek CLO LTD                            | Bean Creek CLO Ltd.                                                             | CUSIP: 07378WAW8<br>LEI: 635400STD6UUTEW5KM07 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1011204.60   | 0.22%             | 2031-04-20      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 5 Ltd.                                                         | CUSIP: 64754XAA9<br>LEI: 2549000KVE2J1UOHZ207 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005099.90   | 0.21%             | 2036-04-20      | Floating      | 11.12%                | Yes           |                  2 | On Loan: No      |
| New Mountain CLO 1 Ltd                        | New Mountain CLO 1 Ltd.                                                         | CUSIP: 64755RBJ1<br>LEI: 5493000BYT2KQ1EMLL07 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1494224.10   | 0.32%             | 2038-01-15      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| Newark BSL CLO 2 Ltd.                         | Newark BSL CLO 2 Ltd.                                                           | CUSIP: 65023PAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1237268.88   | 0.26%             | 2030-07-25      | Floating      | 7.69%                 | Yes           |                  2 | On Loan: No      |
| Newark BSL CLO 2 Ltd.                         | Newark BSL CLO 2 Ltd.                                                           | CUSIP: 65023QAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1442791.05   | 0.31%             | 2030-07-25      | Floating      | 10.84%                | Yes           |                  2 | On Loan: No      |
| XPLR INFRASTRUCTURE LP                        | XPLR Infrastructure LP                                                          | CUSIP: 65341BAG1<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | DBT              | CORP              | US        |    700000 | PA      | $659750.00    | 0.14%             | 2026-06-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| DOTDASH MEREDITH INC                          | Dotdash Meredith, Inc.                                                          | CUSIP: 25849KAE7<br>LEI: 549300R2AA7U9CJUQO13 | Long             | LON              | CORP              | US        |    713065 | PA      | $693456.03    | 0.15%             | 2028-12-01      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XXVII Ltd.                                          | CUSIP: 08179PAW2<br>LEI: 254900WANE6M5S0NC534 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $993176.90    | 0.21%             | 2037-10-20      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO VIII Ltd.                                           | CUSIP: 08180YAE0<br>LEI: 549300D98ZLKNSI8CN63 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $482885.40    | 0.10%             | 2031-01-20      | Floating      | 10.13%                | Yes           |                  2 | On Loan: No      |
| PROJECT ALPHA INTERMEDIA                      | Project Alpha Intermediate Holding, Inc.                                        | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    742519 | PA      | $740406.28    | 0.16%             | 2030-10-28      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC                         | Phoenix Guarantor, Inc.                                                         | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    742519 | PA      | $738546.27    | 0.16%             | 2031-02-21      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XVII Ltd.                                           | CUSIP: 08182BBE7<br>LEI: 5493001ND55H5MJDIQ39 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005320.60   | 0.21%             | 2037-10-15      | Floating      | 7.41%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO Ltd.                                                | CUSIP: 08182DAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1968671.80   | 0.42%             | 2038-04-20      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners Clo XXXVII Ltd.                                         | CUSIP: 08182TAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1992375.20   | 0.43%             | 2038-01-25      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XVIII Ltd.                                          | CUSIP: 08186PAS2<br>LEI: 549300CIOPBDYOSN3T91 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996421.80    | 0.21%             | 2034-10-15      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| AI AQUA MERGER SUB INC                        | AI Aqua Merger Sub, Inc.                                                        | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |   1235030 | PA      | $1222382.99   | 0.26%             | 2028-07-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY BORROWER                        | Amynta Agency Borrower, Inc.                                                    | CUSIP: 57810JAL2<br>LEI: 5493000GP6HBRVTWBO85 | Long             | LON              | CORP              | US        |    493778 | PA      | $494086.69    | 0.11%             | 2031-12-29      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOLDINGS COR                      | Renaissance Holdings Corp.                                                      | CUSIP: 75972JAK0<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |    738773 | PA      | $691059.76    | 0.15%             | 2030-04-08      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                              | Aretec Group, Inc.                                                              | CUSIP: 04009DAH7<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |    493769 | PA      | $491806.03    | 0.10%             | 2030-08-09      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XVIII Ltd.                                          | CUSIP: 08186QAE1<br>LEI: 549300CIOPBDYOSN3T91 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $987196.60    | 0.21%             | 2034-10-15      | Floating      | 11.27%                | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XXI Ltd.                                            | CUSIP: 08186TAE5<br>LEI: 549300CIOPBDYOSN3T91 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497681.75   | 0.32%             | 2034-10-15      | Floating      | 11.22%                | Yes           |                  2 | On Loan: No      |
| CHG HEALTHCARE SERVICES INC                   | CHG Healthcare Services, Inc.                                                   | CUSIP: 12541HAW3<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |   1484971 | PA      | $1482698.73   | 0.32%             | 2028-09-29      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                  | MH Sub I LLC                                                                    | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    297728 | PA      | $261974.08    | 0.06%             | 2031-12-31      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| WHATABRANDS LLC                               | Whatabrands LLC                                                                 | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |    729459 | PA      | $726297.15    | 0.16%             | 2028-08-03      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| CENTURY DE BUYER LLC                          | Century DE Buyer LLC                                                            | CUSIP: 15651FAD8<br>LEI: 254900PQRPPYRTQIDX74 | Long             | LON              | CORP              | US        |    496256 | PA      | $495328.25    | 0.11%             | 2030-10-30      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                                  | Acrisure LLC                                                                    | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    731025 | PA      | $724175.27    | 0.15%             | 2030-11-06      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS                       | Grant Thornton Advisors Holdings LLC                                            | CUSIP: 38821UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    746255 | PA      | $741590.60    | 0.16%             | 2031-05-30      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Lt                | Benefit Street Partners CLO XXXVI Ltd.                                          | CUSIP: 081922AJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1503074.85   | 0.32%             | 2038-01-25      | Floating      | 7.36%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                        | Blackstone Mortgage Trust, Inc.                                                 | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    825000 | PA      | $785016.38    | 0.17%             | 2027-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| FLEXERA SOFTWARE LLC                          | Flexera Software LLC                                                            | CUSIP: 33937KAX2<br>LEI: FHBIRN3K4PSRU4ZOQQ49 | Long             | LON              | CORP              | US        |    728071 | PA      | $725340.25    | 0.15%             | 2028-03-03      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                            | Hunter Douglas, Inc.                                                            | CUSIP: N8137FAE0<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |    498750 | PA      | $487632.86    | 0.10%             | 2032-01-20      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                          | BlueMountain CLO XXIX Ltd.                                                      | CUSIP: 09630KAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992460.30    | 0.21%             | 2034-07-25      | Floating      | 8.79%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN LEVERAGED CLO 5.15%  01/19/2038   /    | DRYDEN LEVERAGED CLO 5.15%  01/19/2038   /                                      | CUSIP: G284ACAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   2600000 | PA      | $2975101.91   | 0.64%             | 2038-01-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GLOVES BUYER INC                              | Gloves Buyer, Inc.                                                              | CUSIP: 999999999<br>LEI: 54930015O0Y94T5H8Z18 | Long             | LON              | CORP              | US        |    750000 | PA      | $720375.00    | 0.15%             | 2032-01-20      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                             | Clarios Global LP                                                               | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    500000 | PA      | $491042.50    | 0.10%             | 2032-01-28      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| OCP Euro CLO                                  | OCP Euro 2025-12 DAC                                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1138139.12   | 0.24%             | 2038-01-20      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/25/2025   /    | EUR FORWARD PALMER CONTRACT 06/25/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2000000 | OU      | $-2273974.51  | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| FILTRATION GROUP CORP                         | Filtration Group Corp.                                                          | CUSIP: 31732FAV8<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |    736788 | PA      | $736987.39    | 0.16%             | 2028-12-26      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                         | HUB International Ltd.                                                          | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |    493778 | PA      | $491180.80    | 0.10%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 07/24/2025   /    | EUR FORWARD PALMER CONTRACT 07/24/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1800000 | OU      | $-2050209.89  | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2024-23 Ltd.                                                | CUSIP: 11765DAA1<br>LEI: 391200W7QGMU3U2OCV81 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995630.30    | 0.21%             | 2037-05-15      | Floating      | 11.05%                | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2023-21 Ltd.                                                | CUSIP: 11766BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $756360.38    | 0.16%             | 2036-10-18      | Floating      | 12.74%                | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 07/24/2025   /    | EUR FORWARD PALMER CONTRACT 07/24/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1500000 | OU      | $-1708508.24  | -0.36%            |  |  |  | No            |                  2 | On Loan: No      |
| CBAM CLO Management                           | CBAM 2017-4 Ltd.                                                                | CUSIP: 12481NAF9<br>LEI: 635400U9D8ZDLM1G7T76 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001615.40   | 0.43%             | 2031-01-15      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CBAM CLO Management                           | CBAM 2018-5 Ltd.                                                                | CUSIP: 12481QAL9<br>LEI: 25490038OT2B8HTRW786 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2467189.75   | 0.53%             | 2031-04-17      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2021-IV Ltd.                                                       | CUSIP: 12547DAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995925.40    | 0.21%             | 2037-07-23      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 21 Ltd                            | Elmwood CLO 21 Ltd.                                                             | CUSIP: 29002DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1494669.30   | 0.32%             | 2036-10-20      | Floating      | 12.02%                | Yes           |                  2 | On Loan: No      |
| Elmwood CLO IV Ltd                            | Elmwood CLO IV Ltd.                                                             | CUSIP: 29002GAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3504842.60   | 0.75%             | 2037-04-18      | Floating      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO III Ltd                           | Elmwood CLO III Ltd.                                                            | CUSIP: 29002HAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500125.00    | 0.11%             | 2037-07-18      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO IX Ltd                            | Elmwood CLO IX Ltd.                                                             | CUSIP: 29003UAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1952933.60   | 0.42%             | 2038-04-20      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO IX Ltd                            | Elmwood CLO IX Ltd.                                                             | CUSIP: 29003UAS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999123.90    | 0.21%             | 2038-04-20      | Floating      | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 14 Ltd                            | Elmwood CLO 14 Ltd.                                                             | CUSIP: 29003XAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2464690.00   | 0.53%             | 2035-04-20      | Floating      | 10.62%                | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2023-1 Ltd.                                                         | CUSIP: 29244CAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250000.00   | 0.27%             | 2036-04-25      | Floating      | 9.78%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2023-1 Ltd.                                                         | CUSIP: 29244CAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.32%             | 2038-04-25      | Floating      | 9.78%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2023-1 Ltd.                                                         | CUSIP: 29244NAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1237500.00   | 0.26%             | 2038-04-25      | Floating      | 9.78%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2022-1 Ltd.                                                         | CUSIP: 29246AAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506757.50   | 0.54%             | 2037-10-20      | Floating      | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2022-1 Ltd.                                                         | CUSIP: 29246AAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1509265.20   | 0.32%             | 2037-10-20      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                              | Empower CLO 2025-1 Ltd.                                                         | CUSIP: 29249DAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.21%             | 2038-07-20      | Floating      | 0.00%                 | Yes           |                  3 | On Loan: No      |
| ENTEGRIS INC                                  | Entegris, Inc.                                                                  | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1013250.00   | 0.22%             | 2028-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 03/27/2026   /    | EUR FORWARD PALMER CONTRACT 03/27/2026   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1000000 | OU      | $-1153990.74  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                           | 522 Funding CLO 2019-5 Ltd.                                                     | CUSIP: 33829UAA1<br>LEI: 549300HKB0UTKU91DG08 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1460998.50   | 0.31%             | 2035-04-15      | Floating      | 11.02%                | Yes           |                  2 | On Loan: No      |
| 522 Funding CLO Ltd                           | 522 Funding CLO 2020-6 Ltd.                                                     | CUSIP: 33835BAG2<br>LEI: 549300HKB0UTKU91DG08 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $963791.30    | 0.21%             | 2034-10-23      | Floating      | 12.58%                | Yes           |                  2 | On Loan: No      |
| Flatiron CLO Ltd                              | Flatiron Clo 17 Ltd.                                                            | CUSIP: 33882FAB6<br>LEI: 549300ZUHE1G4KLVKW25 | Long             | ABS-CBDO         | CORP              | KY        |   5425000 | PA      | $357068.08    | 0.08%             | 2030-05-15      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Flatiron CLO Ltd                              | Flatiron CLO 18 Ltd.                                                            | CUSIP: 33883HAC9<br>LEI: 5493008L4GGS612L9S27 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $2985600.00   | 0.64%             | 2031-04-17      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Flatiron CLO Ltd                              | Flatiron CLO 20 Ltd.                                                            | CUSIP: 33883NAE2<br>LEI: 25490077CXFU133A8B24 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $985799.40    | 0.21%             | 2036-05-20      | Floating      | 10.77%                | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/05/2025   /    | EUR FORWARD PALMER CONTRACT 06/05/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1750000 | OU      | $-1987159.54  | -0.42%            |  |  |  | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding XXXV Ltd.                                                  | CUSIP: 55819MAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1793225 | PA      | $1790613.81   | 0.38%             | 2032-04-20      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXXV Ltd.                                                             | CUSIP: 55954UAE3<br>LEI: 549300WIDF28MGY5Q843 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $757497.90    | 0.16%             | 2036-10-25      | Floating      | 11.53%                | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXVI Ltd.                                                             | CUSIP: 55954YBC8<br>LEI: 549300F7COUCG1RROP29 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1945233.00   | 0.42%             | 2038-01-25      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XX Ltd.                                                               | CUSIP: 55955BAA2<br>LEI: 5493001WZ3LKC11Q9C47 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994865.70    | 0.21%             | 2031-04-20      | Floating      | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXIX Ltd.                                                             | CUSIP: 55955KAL8<br>LEI: 549300XSCWZTP19VRZ67 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006208.20   | 0.43%             | 2037-07-15      | Floating      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXVIII Ltd.                                                           | CUSIP: 55955LBA9<br>LEI: 54930077HHZ1QV5CPQ30 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $976959.20    | 0.21%             | 2038-01-15      | Floating      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Magnetite CLO Ltd                             | Magnetite XXXIX Ltd.                                                            | CUSIP: 559924AQ8<br>LEI: 529900728SHVCI48J015 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1482993.60   | 0.32%             | 2037-01-25      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                          | Signal Peak CLO 4 Ltd.                                                          | CUSIP: 56846YAE5<br>LEI: 635400L44OLNOBHFTO08 | Long             | ABS-CBDO         | CORP              | KY        |   5121212 | PA      | $817697.26    | 0.17%             | 2034-10-26      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                        | Match Group Holdings II LLC                                                     | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1036031.25   | 0.22%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| MENLO CLO                                     | Menlo CLO I Ltd.                                                                | CUSIP: 586915AA8<br>LEI: 2549005RHPY3C68SIP61 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500271.95   | 0.32%             | 2038-01-20      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| MENLO CLO                                     | Menlo CLO I Ltd.                                                                | CUSIP: 586915AG5<br>LEI: 2549005RHPY3C68SIP61 | Long             | ABS-CBDO         | CORP              | KY        |   1375000 | PA      | $1382719.39   | 0.30%             | 2038-01-20      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| MENLO CLO                                     | Menlo Clo II Ltd.                                                               | CUSIP: 586916AE8<br>LEI: 254900584QQ9TE467R16 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.32%             | 2038-04-20      | Floating      | 0.00%                 | Yes           |                  3 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/05/2025   /    | EUR FORWARD PALMER CONTRACT 06/05/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1000000 | OU      | $-1135519.74  | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Milos CLO, LTD                                | Milos CLO Ltd.                                                                  | CUSIP: 60162QAC4<br>LEI: 254900GFWI4EEB8IJS18 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $763481.52    | 0.16%             | 2030-10-20      | Floating      | 10.68%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2021-1 Ltd.                                      | CUSIP: 61773LAA8<br>LEI: 549300IR0OSEGDTMK223 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $975452.40    | 0.21%             | 2034-10-20      | Floating      | 11.29%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2022-16 LLC                                      | CUSIP: 61774KAA9<br>LEI: 549300IR0OSEGDTMK223 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1203455.00   | 0.26%             | 2035-04-15      | Floating      | 11.11%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2022-18 Ltd.                                     | CUSIP: 617924AU9<br>LEI: 549300O0I1STG733YG49 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004628.40   | 0.21%             | 2037-10-20      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2022-18 Ltd.                                     | CUSIP: 617925AE2<br>LEI: 549300O0I1STG733YG49 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1470538.35   | 0.31%             | 2037-10-20      | Floating      | 10.42%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Eaton Vance CLO                | Morgan Stanley Eaton Vance CLO 2023-19 Ltd.                                     | CUSIP: 617926AA8<br>LEI: 549300IR0OSEGDTMK223 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1010316.40   | 0.22%             | 2036-07-20      | Floating      | 13.17%                | Yes           |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO                             | Mountain View Clo XIV Ltd.                                                      | CUSIP: 62432MAW9<br>LEI: 549300IB1UGD5G8HYT10 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $752851.43    | 0.16%             | 2034-10-15      | Floating      | 8.46%                 | Yes           |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO                             | Mountain View Clo XV Ltd.                                                       | CUSIP: 62432PBC5<br>LEI: 254900VKL64PZVEG4F33 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005053.50   | 0.21%             | 2037-07-15      | Floating      | 8.86%                 | Yes           |                  2 | On Loan: No      |
| MURRAY ENERGY CORP                            | Murray Energy Corp.                                                             | CUSIP: 62704PAF0<br>LEI: 549300WM5IIFYHZYTT63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $0.00         | 0.00%             | 2027-10-17      | None          | 11.25%                | Yes           |                  3 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 55 Ltd.                                      | CUSIP: 640982AA2<br>LEI: 254900P6M7LX99MHDX34 | Long             | ABS-CBDO         | CORP              | JE        |   1250000 | PA      | $1235475.13   | 0.26%             | 2038-04-22      | Floating      | 10.77%                | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO XVI-S Ltd.                                                 | CUSIP: 64131TAY0<br>LEI: 549300UHUHCR3388B324 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1988500.00   | 0.42%             | 2039-04-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO XVI-S Ltd.                                                 | CUSIP: 64131TBG8<br>LEI: 549300UHUHCR3388B324 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1722284.38   | 0.37%             | 2039-04-15      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| HPS Loan Management Ltd                       | Highbridge Loan Management 12-2018 Ltd.                                         | CUSIP: 40437CAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $22400.00     | 0.00%             | 2031-07-18      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 27 Ltd.                                      | CUSIP: 64131UAL5<br>LEI: 549300IWMW28G8CR9G28 | Long             | ABS-CBDO         | CORP              | KY        |   1175000 | PA      | $1153202.11   | 0.25%             | 2038-07-15      | Floating      | 11.01%                | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 27 Ltd.                                      | CUSIP: 64131WAY3<br>LEI: 549300IWMW28G8CR9G28 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005748.50   | 0.21%             | 2038-07-15      | Floating      | 8.76%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 33 Ltd.                                      | CUSIP: 64132TBC6<br>LEI: 549300RVE5T2OYI2H743 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998929.70    | 0.21%             | 2039-04-16      | Floating      | 8.41%                 | Yes           |                  2 | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 3 Ltd.                                                         | CUSIP: 647549AA2<br>LEI: 549300CEYMYPINCEX579 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998354.60    | 0.21%             | 2034-10-20      | Floating      | 11.13%                | Yes           |                  2 | On Loan: No      |
| New Mountain CLO Ltd                          | New Mountain CLO 4 Ltd.                                                         | CUSIP: 64754PAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    500000 | PA      | $500000.00    | 0.11%             | 2036-04-20      | Floating      | 12.42%                | Yes           |                  2 | On Loan: No      |
| Recette CLO LLC                               | Recette Clo Ltd.                                                                | CUSIP: 75620RAH5<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $28647.20     | 0.01%             | 2034-04-20      | Fixed         | 0.10%                 | Yes           |                  2 | On Loan: No      |
| Regatta X Funding Ltd.                        | Regatta X Funding Ltd.                                                          | CUSIP: 75884BAL2<br>LEI: 549300E2FIIBY7XTJE98 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001738.40   | 0.43%             | 2037-07-17      | Floating      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Regatta XVIII Funding Ltd                     | Regatta XVIII Funding Ltd.                                                      | CUSIP: 75884EAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2075000 | PA      | $2031337.64   | 0.43%             | 2038-04-15      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| Regatta VII Funding Ltd                       | Regatta VII Funding Ltd.                                                        | CUSIP: 75887TAN6<br>LEI: 549300DA6HSLI0UPTQ25 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1233469.00   | 0.26%             | 2034-06-20      | Floating      | 10.97%                | Yes           |                  2 | On Loan: No      |
| Regatta Funding                               | Regatta XI Funding Ltd.                                                         | CUSIP: 75887YAL9<br>LEI: 254900TUAAER6MTE4E64 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1244393.75   | 0.27%             | 2037-07-17      | Floating      | 11.03%                | Yes           |                  2 | On Loan: No      |
| Regatta VII Funding Ltd                       | Regatta VII Funding Ltd.                                                        | CUSIP: 75888ABE5<br>LEI: 549300DA6HSLI0UPTQ25 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006290.70   | 0.64%             | 2034-06-20      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Regatta VIII Funding Ltd                      | Regatta VIII Funding Ltd.                                                       | CUSIP: 75888KAU8<br>LEI: 2549002R0TTC87W9EH67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999811.40    | 0.21%             | 2037-04-17      | Floating      | 7.98%                 | Yes           |                  2 | On Loan: No      |
| Regatta VIII Funding Ltd                      | Regatta VIII Funding Ltd.                                                       | CUSIP: 75888KAW4<br>LEI: 2549002R0TTC87W9EH67 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501830.20    | 0.11%             | 2037-04-17      | Floating      | 9.28%                 | Yes           |                  2 | On Loan: No      |
| Regatta XVI Funding Ltd.                      | Regatta XVI Funding Ltd.                                                        | CUSIP: 75888QAL5<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003290.90   | 0.21%             | 2033-01-15      | Floating      | 11.36%                | Yes           |                  2 | On Loan: No      |
| HPS Loan Management Ltd                       | HPS Loan Management 13-2018 Ltd.                                                | CUSIP: 40437LAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001531.60   | 0.21%             | 2030-10-15      | Floating      | 7.21%                 | Yes           |                  2 | On Loan: No      |
| HPS Loan Management                           | HPS Loan Management 15-2019 Ltd.                                                | CUSIP: 40439EAJ5<br>LEI: 254900T9FXVALKHZXT96 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $1996133.80   | 0.43%             | 2035-01-22      | Floating      | 11.07%                | Yes           |                  2 | On Loan: No      |
| Regatta XXIV Funding Ltd.                     | Regatta XXIV Funding Ltd.                                                       | CUSIP: 75889HAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $977118.30    | 0.21%             | 2038-01-20      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| Regatta XXVI Funding Ltd.                     | Regatta XXVI Funding Ltd.                                                       | CUSIP: 75900QAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006044.20   | 0.21%             | 2037-01-25      | Floating      | 9.53%                 | Yes           |                  2 | On Loan: No      |
| Verdelite Static CLO Ltd                      | Verdelite Static CLO 2024-1 Ltd.                                                | CUSIP: 92338VAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $997739.30    | 0.21%             | 2032-07-20      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| VIRTUSA CORP                                  | Virtusa Corp.                                                                   | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |    725000 | PA      | $692171.28    | 0.15%             | 2028-12-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2016-3 Ltd.                                                            | CUSIP: 92915HAU7<br>LEI: 549300001G5S0D8B8343 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2428718.50   | 0.52%             | 2031-10-18      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2014-1 Ltd.                                                            | CUSIP: 92915PAR6<br>LEI: 549300ITL5IR423IJ183 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004742.80   | 0.21%             | 2031-04-18      | Floating      | 7.33%                 | Yes           |                  2 | On Loan: No      |
| Riserva CLO, Ltd.                             | Riserva Clo Ltd.                                                                | CUSIP: 76761TAJ4<br>LEI: 549300640C8OB2I8SN35 | Long             | ABS-CBDO         | CORP              | KY        |    625000 | PA      | $566658.44    | 0.12%             | 2034-01-18      | Floating      | 13.04%                | Yes           |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                           | Rocket Software, Inc.                                                           | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    540000 | PA      | $515025.00    | 0.11%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Dryden Leveraged Loan CDO                     | Dryden 29 Euro CLO 2013 DAC                                                     | CUSIP: BCC2F5ND5<br>LEI: 635400DCFE7KCIBYHQ75 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1119886.60   | 0.24%             | 2032-07-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Griffith Park CLO                             | Griffith Park CLO DAC                                                           | CUSIP: BCC2I6219<br>LEI: 549300NJW6RV6EP3DG48 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1137349.16   | 0.24%             | 2031-11-21      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                        | Rockford Tower CLO 2017-2 Ltd.                                                  | CUSIP: 77340HAE9<br>LEI: 549300G18KVCW7VUKI86 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $989047.80    | 0.21%             | 2029-10-15      | Floating      | 10.77%                | Yes           |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                      | SCIL IV LLC / SCIL USA Holdings LLC                                             | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $913437.50    | 0.20%             | 2026-11-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Aimco                                         | Aimco CLO 11 Ltd.                                                               | CUSIP: 00140NBE9<br>LEI: 549300VLRW0CEQ83RF89 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $984461.00    | 0.21%             | 2037-07-17      | Floating      | 8.48%                 | Yes           |                  2 | On Loan: No      |
| AHP HEALTH PARTN                              | AHP Health Partners, Inc.                                                       | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    950000 | PA      | $874000.00    | 0.19%             | 2029-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2021-22 Ltd.                                                            | CUSIP: 67117TAU9<br>LEI: 254900PS626FB00CVF06 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1503984.60   | 0.32%             | 2037-10-20      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO Ltd                               | Oaktree CLO 2024-25 Ltd.                                                        | CUSIP: 67402PAA5<br>LEI: 254900NTZ5OVNC5X7789 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4008378.40   | 0.86%             | 2037-04-20      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2024-32 Ltd.                                                            | CUSIP: 67570CAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1016103.30   | 0.22%             | 2037-04-23      | Fixed         | 9.05%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2024-32 Ltd.                                                            | CUSIP: 67570DAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    895000 | PA      | $879177.65    | 0.19%             | 2037-04-23      | Floating      | 11.04%                | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2019-16 Ltd.                                                            | CUSIP: 67570RAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1697269.12   | 0.36%             | 2033-04-10      | Floating      | 10.82%                | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/25/2025   /    | EUR FORWARD PALMER CONTRACT 06/25/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1000000 | OU      | $-1136987.26  | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Shackleton CLO LTD                            | Shackleton 2013-IV-R CLO Ltd.                                                   | CUSIP: 81882HAG0<br>LEI: 5493000LHXWSIZGUY418 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995397.60    | 0.21%             | 2031-04-13      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2020-18 Ltd.                                                            | CUSIP: 67570TAN5<br>LEI: 254900MN6N176YEZLX15 | Long             | ABS-CBDO         | CORP              | KY        |   1305000 | PA      | $1298721.91   | 0.28%             | 2037-07-20      | Floating      | 10.52%                | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners Lt                | Octagon Investment Partners 18-R Ltd.                                           | CUSIP: 67576FAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $982601.20    | 0.21%             | 2031-04-16      | Floating      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                          | Signal Peak CLO 5 Ltd.                                                          | CUSIP: 82666VAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $985196.90    | 0.21%             | 2037-04-25      | Floating      | 8.48%                 | Yes           |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                         | Silver Point CLO 2 Ltd.                                                         | CUSIP: 82808EAY7<br>LEI: 549300ODF186WFGMDH65 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1499918.85   | 0.32%             | 2038-04-20      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                         | ON Semiconductor Corp.                                                          | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    280000 | PA      | $240634.52    | 0.05%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PPM CLO 3 Ltd.                                | PPM CLO 3 Ltd.                                                                  | CUSIP: 69355BAE1<br>LEI: 549300UEAJV6RALDS969 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $662825.85    | 0.14%             | 2034-04-17      | Floating      | 11.15%                | Yes           |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                         | Silver Point CLO 6 Ltd.                                                         | CUSIP: 82808MAJ2<br>LEI: 254900RSFBN3VCGBVP05 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993279.70    | 0.21%             | 2037-10-15      | Floating      | 7.56%                 | Yes           |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                         | Sixth Street CLO XXII Ltd.                                                      | CUSIP: 83011LAQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2325000 | PA      | $2283920.04   | 0.49%             | 2038-04-21      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Sound Point CLO LTD                           | Sound Point Clo XX Ltd.                                                         | CUSIP: 83611JAG0<br>LEI: 549300RTEBF0FW35D815 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994111.10    | 0.21%             | 2031-07-26      | Floating      | 7.54%                 | Yes           |                  2 | On Loan: No      |
| Sound Point CLO LTD                           | Sound Point CLO XXIV                                                            | CUSIP: 83614NAU7<br>LEI: 549300EBWPUX52MGF160 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $960085.10    | 0.20%             | 2034-10-25      | Floating      | 8.04%                 | Yes           |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                      | Smyrna Ready Mix Concrete LLC                                                   | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    750000 | PA      | $734062.50    | 0.16%             | 2028-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| STAR HOLDING LLC                              | Star Holding LLC                                                                | CUSIP: 85513AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1101000.00   | 0.24%             | 2031-08-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 05/08/2025   /    | EUR FORWARD PALMER CONTRACT 05/08/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2000000 | OU      | $-2266884.89  | -0.48%            |  |  |  | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advi                | Park Avenue Institutional Advisers CLO Ltd. 2018-1                              | CUSIP: 70016RAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000345.80   | 0.21%             | 2031-10-20      | Floating      | 7.86%                 | Yes           |                  2 | On Loan: No      |
| CIFC European Funding CLO                     | CIFC European Funding CLO III DAC                                               | CUSIP: BCC2QB6H0<br>LEI: 5493000EF0244RPYUG32 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $2267068.77   | 0.48%             | 2034-01-15      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers                | Neuberger Berman Loan Advisers Euro CLO                                         | CUSIP: BCC2QMIT7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1128006.23   | 0.24%             | 2034-04-17      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| TCI-Flatiron CLO Ltd                          | TCI-Flatiron Clo 2018-1 Ltd.                                                    | CUSIP: BCC2QVKC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006755.80   | 0.21%             | 2032-01-29      | Floating      | 10.69%                | No            |                  2 | On Loan: No      |
| Dartry Park CLO                               | Dartry Park CLO DAC                                                             | CUSIP: BCC2QW7N0<br>LEI: 549300EK539GMKPB1K76 | Long             | ABS-CBDO         | CORP              | IE        |   1750000 | PA      | $1979880.65   | 0.42%             | 2034-01-28      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                     | Pike Corp.                                                                      | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1251093.75   | 0.27%             | 2028-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Post CLO LTD                                  | Post CLO VI Ltd.                                                                | CUSIP: 73742RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1997092.80   | 0.43%             | 2038-01-20      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management EUR                | GoldenTree Loan Management EUR CLO 5 DAC                                        | CUSIP: 999999999<br>LEI: 549300CU7V3RVI7QLH51 | Long             | ABS-CBDO         | CORP              | IE        |    750000 | PA      | $830106.49    | 0.18%             | 2034-04-20      | Floating      | 7.49%                 | No            |                  2 | On Loan: No      |
| LIGHTSTONE HOLDCO LLC                         | Lightstone Holdco LLC                                                           | CUSIP: 53226GAL5<br>LEI: 549300VXK6UGDG7H3G98 | Long             | LON              | CORP              | US        |     62786 | PA      | $62817.10     | 0.01%             | 2027-01-29      | Floating      | 10.04%                | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                      | Univision Communications, Inc.                                                  | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    729375 | PA      | $709091.08    | 0.15%             | 2029-06-25      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| INEOS US PETROCHEM LLC                        | INEOS U.S. Petrochem LLC                                                        | CUSIP: G4770MAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    442125 | PA      | $375806.25    | 0.08%             | 2030-03-01      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                  | MH Sub I LLC                                                                    | CUSIP: 999999999<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    439912 | PA      | $417366.32    | 0.09%             | 2028-05-03      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| CPM HOLDINGS INC                              | CPM Holdings, Inc.                                                              | CUSIP: 12620BAR1<br>LEI: 549300FBUISJCXV8IB65 | Long             | LON              | CORP              | US        |    493750 | PA      | $479142.41    | 0.10%             | 2028-09-28      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                              | Symphony CLO XVIII Ltd.                                                         | CUSIP: 87154GFG5<br>LEI: 549300JQYSBIW1AM8R32 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998229.40    | 0.21%             | 2033-07-23      | Floating      | 7.23%                 | Yes           |                  2 | On Loan: No      |
| Symphony CLO Ltd                              | Symphony CLO XXI Ltd.                                                           | CUSIP: 87166RGE1<br>LEI: 5493005CJY0RF4FJJP54 | Long             | ABS-CBDO         | CORP              | KY        |   1480862 | PA      | $1469478.18   | 0.31%             | 2032-07-15      | Floating      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                           | Rocket Software, Inc.                                                           | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |    738788 | PA      | $734783.27    | 0.16%             | 2028-11-28      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDING                       | Aspire Bakeries Holdings LLC                                                    | CUSIP: 02106XAH9<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |    746231 | PA      | $748096.74    | 0.16%             | 2030-12-23      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| TCI-Flatiron CLO Ltd                          | TCI-Flatiron CLO 2016-1 Ltd.                                                    | CUSIP: 87230BAH7<br>LEI: 549300EEOTVLW827QY91 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1510434.60   | 0.32%             | 2032-01-17      | Floating      | 10.53%                | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | THL Credit Wind River 2015-1 CLO Ltd.                                           | CUSIP: 87246LAG9<br>LEI: 549300H4V7OE3OL7II20 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1467465.75   | 0.31%             | 2030-10-20      | Floating      | 10.33%                | Yes           |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                       | Talen Energy Supply LLC                                                         | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    139000 | PA      | $148208.75    | 0.03%             | 2030-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Thayer Park CLO, Ltd.                         | Thayer Park CLO Ltd.                                                            | CUSIP: 88330PAG5<br>LEI: 5493000PRLDBEVKBE571 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $923719.20    | 0.20%             | 2034-04-20      | Floating      | 13.40%                | Yes           |                  2 | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2023-1 Ltd.                                                            | CUSIP: 73743CAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1507259.40   | 0.32%             | 2036-04-20      | Floating      | 9.52%                 | Yes           |                  2 | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2023-1 Ltd.                                                            | CUSIP: 73743DAA8<br>LEI: 5493007CUC7FI0ONIF25 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2012064.20   | 0.43%             | 2036-04-20      | Floating      | 12.17%                | Yes           |                  2 | On Loan: No      |
| Post CLO LTD                                  | Post CLO 2024-1 Ltd.                                                            | CUSIP: 73743FAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995830.00    | 0.21%             | 2037-04-20      | Floating      | 11.07%                | Yes           |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                      | Prime Security Services Borrower LLC / Prime Finance, Inc.                      | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    219000 | PA      | $209145.00    | 0.04%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | THL Credit Wind River 2014-2 CLO Ltd.                                           | CUSIP: 88390AAZ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000716.80   | 0.21%             | 2031-01-15      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | THL Credit Wind River 2013-2 CLO Ltd.                                           | CUSIP: 88432ABC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2350000 | PA      | $2350008.93   | 0.50%             | 2030-10-18      | Floating      | 7.48%                 | Yes           |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                      | Primo Water Holdings, Inc. / Triton Water Holdings, Inc.                        | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $921155.70    | 0.20%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| RR Ltd                                        | RR15 Ltd.                                                                       | CUSIP: 74980XAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1481569.50   | 0.32%             | 2036-04-15      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| OMNIA PARTNERS LLC                            | OMNIA Partners LLC                                                              | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |    496256 | PA      | $494911.40    | 0.11%             | 2030-07-25      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC                      | Zelis Payments Buyer, Inc.                                                      | CUSIP: 98932TAG8<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    742500 | PA      | $726877.80    | 0.16%             | 2029-09-28      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                        | RR 36 Ltd.                                                                      | CUSIP: 74989AAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2207184.98   | 0.47%             | 2040-01-15      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| Recette CLO LLC                               | Recette Clo Ltd.                                                                | CUSIP: 75620RAG7<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1580177.55   | 0.34%             | 2034-04-20      | Floating      | 13.00%                | Yes           |                  2 | On Loan: No      |
| WEC US HOLDINGS INC                           | WEC U.S. Holdings, Inc.                                                         | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    992500 | PA      | $984748.58    | 0.21%             | 2031-01-27      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| ENSEMBLE RCM LLC                              | Ensemble RCM LLC                                                                | CUSIP: 29359BAE1<br>LEI: 254900PDXJVVI20WAQ37 | Long             | LON              | CORP              | US        |    736729 | PA      | $737031.33    | 0.16%             | 2029-08-01      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| PROPULSION BC NEWCO LLC                       | Propulsion BC Newco LLC                                                         | CUSIP: 74347UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    494981 | PA      | $495832.38    | 0.11%             | 2029-09-14      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| OUTCOMES GROUP HOLDINGS                       | Outcomes Group Holdings, Inc.                                                   | CUSIP: 69002CAD8<br>LEI: 5493005V7ZG5K84MO728 | Long             | LON              | CORP              | US        |    496256 | PA      | $494911.39    | 0.11%             | 2031-05-06      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN                      | Raven Acquisition Holdings LLC                                                  | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    700000 | PA      | $693563.50    | 0.15%             | 2031-11-20      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN                      | Raven Acquisition Holdings LLC                                                  | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     50000 | PA      | $49540.25     | 0.01%             | 2031-11-20      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| KESTREL ACQUISITION LLC                       | Kestrel Acquisition LLC                                                         | CUSIP: 44579UAB8<br>LEI: 549300ER0JUHJLPPMH08 | Long             | LON              | CORP              | US        |    746250 | PA      | $747570.86    | 0.16%             | 2031-11-06      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| HUDSON RIVER TRADING LLC                      | Hudson River Trading LLC                                                        | CUSIP: 44413EAJ7<br>LEI: 549300SMOBUC8O5UOE10 | Long             | LON              | CORP              | US        |    732958 | PA      | $732892.05    | 0.16%             | 2030-03-18      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| RED PLANET BORROWER LLC                       | Red Planet Borrower LLC                                                         | CUSIP: 57165KAD8<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |    500000 | PA      | $498125.00    | 0.11%             | 2028-09-29      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| PROJECT ALPHA INTERMEDIA                      | Project Alpha Intermediate Holding, Inc.                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $480937.50    | 0.10%             | 2032-11-22      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | Wind River 2014-3 CLO Ltd.                                                      | CUSIP: 88432DBL7<br>LEI: 254900ZK5ODN8CA7YX85 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751249.20    | 0.16%             | 2031-10-22      | Floating      | 7.93%                 | Yes           |                  2 | On Loan: No      |
| Trestles CLO LTD                              | Trestles CLO VI Ltd.                                                            | CUSIP: 894940AQ8<br>LEI: 254900837GHK5VH7YU15 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $984554.30    | 0.21%             | 2038-04-25      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Trestles CLO LTD                              | TRESTLES CLO 2017-1 Ltd.                                                        | CUSIP: 89531FAY3<br>LEI: 254900QSBDX181YYBH38 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002664.30   | 0.21%             | 2037-07-25      | Floating      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Trestles CLO LTD                              | TRESTLES CLO II Ltd.                                                            | CUSIP: 89531MAJ1<br>LEI: 6354005OLPZ8XONXGL10 | Long             | ABS-CBDO         | CORP              | KY        |   1950000 | PA      | $1958433.17   | 0.42%             | 2037-07-25      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXV Ltd.                                                           | CUSIP: 89640BAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   2000000 | PA      | $2007344.80   | 0.43%             | 2037-01-23      | Floating      | 9.28%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXIX Ltd.                                                          | CUSIP: 89643BAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1995490.60   | 0.43%             | 2037-07-23      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXXIV Ltd.                                                         | CUSIP: 89643KAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.32%             | 2038-04-22      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO Ltd                              | Trinitas CLO XXXIV Ltd.                                                         | CUSIP: 89643LAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $735000.00    | 0.16%             | 2038-04-22      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                         | Trivium Packaging Finance B.V.                                                  | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $989732.00    | 0.21%             | 2027-08-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/25/2025   /    | EUR FORWARD PALMER CONTRACT 06/25/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -857500 | OU      | $-974966.57   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| VS BUYER LLC                                  | VS Buyer LLC                                                                    | CUSIP: 91834WAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    746255 | PA      | $743926.38    | 0.16%             | 2031-04-14      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                      | Great Outdoors Group LLC                                                        | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |    574706 | PA      | $563355.44    | 0.12%             | 2032-01-23      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| EURO FORWARD PALMER CONTRACT 10/15/2025   /   | EURO FORWARD PALMER CONTRACT 10/15/2025   /                                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2000000 | OU      | $-2289572.98  | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| Upland CLO Ltd                                | Upland CLO Ltd.                                                                 | CUSIP: 915328AU2<br>LEI: 54930052JF7HYEE5CO91 | Long             | ABS-CBDO         | CORP              | KY        |    808452 | PA      | $809923.08    | 0.17%             | 2031-04-20      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                         | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    540000 | PA      | $554175.00    | 0.12%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                        | Venture Global LNG, Inc.                                                        | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    659000 | PA      | $655705.00    | 0.14%             | 2028-06-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| AUTOKINITON US HOLDINGS                       | Autokiniton U.S. Holdings, Inc.                                                 | CUSIP: 999999999<br>LEI: 254900EHNKMJ1OSEZL85 | Long             | LON              | CORP              | US        |    729403 | PA      | $719148.00    | 0.15%             | 2028-04-06      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| TRAVERSE MIDSTREAM PARTN                      | Traverse Midstream Partners LLC                                                 | CUSIP: 89435TAB0<br>LEI: 549300DHTM8B2X5QMJ22 | Long             | LON              | CORP              | US        |    884208 | PA      | $883102.55    | 0.19%             | 2028-02-16      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| UKG INC                                       | UKG, Inc.                                                                       | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    732894 | PA      | $731229.97    | 0.16%             | 2031-02-10      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                           | AssuredPartners, Inc.                                                           | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |    742500 | PA      | $743391.00    | 0.16%             | 2031-02-14      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2024-22 Ltd.                                                | CUSIP: 11766CAJ3<br>LEI: 5493000N8L82QL1KEO96 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $991209.70    | 0.21%             | 2037-04-15      | Floating      | 8.56%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2017-3 Ltd.                                                            | CUSIP: 92915QBN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2996806.20   | 0.64%             | 2034-04-20      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2018-1 Ltd.                                                            | CUSIP: 92917AAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1780615.62   | 0.38%             | 2031-04-19      | Floating      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2024-22 Ltd.                                                | CUSIP: 11766EAA8<br>LEI: 5493000N8L82QL1KEO96 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1009999.20   | 0.22%             | 2037-04-15      | Floating      | 11.39%                | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2021-17R Ltd.                                               | CUSIP: 11766LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998020.90    | 0.21%             | 2038-01-20      | Floating      | 11.20%                | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                       | Bryant Park Funding 2021-17R Ltd.                                               | CUSIP: 11766MAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1125000 | PA      | $1120794.08   | 0.24%             | 2038-01-20      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding XII CLO Ltd.                                                      | CUSIP: 15033TBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1979645.60   | 0.42%             | 2038-01-25      | Floating      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY INC                     | Beacon Roofing Supply, Inc.                                                     | CUSIP: 07368RAG6<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    750000 | PA      | $750303.75    | 0.16%             | 2028-05-19      | Floating      | 9.25%                 | No            |                  2 | On Loan: No      |
| GTCR EVEREST BORROWER                         | GTCR Everest Borrower LLC                                                       | CUSIP: 36269YAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    498750 | PA      | $496450.76    | 0.11%             | 2031-09-05      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                        | Clearway Energy Operating LLC                                                   | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    341000 | PA      | $333753.75    | 0.07%             | 2028-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 12/02/2025   /    | EUR FORWARD PALMER CONTRACT 12/02/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -2600000 | OU      | $-2981082.85  | -0.64%            |  |  |  | No            |                  2 | On Loan: No      |
| LEIA FINCO US LLC                             | Leia Finco U.S. LLC                                                             | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $746512.50    | 0.16%             | 2031-10-09      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE                         | Fortress Intermediate 3, Inc.                                                   | CUSIP: 34966LAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    746250 | PA      | $732257.81    | 0.16%             | 2031-06-27      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                 | CoreLogic, Inc.                                                                 | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1042047.60   | 0.22%             | 2028-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CreekSource (Dunes Creek) CLO                 | Creeksource 2024-1 Dunes Creek Clo Ltd.                                         | CUSIP: 225914AJ9<br>LEI: 254900CZYOXX4AZ15302 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004088.80   | 0.21%             | 2038-01-15      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| CENTRAL PARENT LLC                            | Central Parent LLC                                                              | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    448872 | PA      | $375991.05    | 0.08%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| PROMETRIC HOLDINGS INC                        | Prometric Holdings, Inc.                                                        | CUSIP: 80358TAF3<br>LEI: 54930034OH1XQT27TX40 | Long             | LON              | CORP              | US        |    299668 | PA      | $300791.37    | 0.06%             | 2028-01-31      | Floating      | 9.19%                 | No            |                  2 | On Loan: No      |
| HAMILTON PROJECTS ACQUIR                      | Hamilton Projects Acquiror LLC                                                  | CUSIP: 40444KAB1<br>LEI: 5493005K6XILIQ2EZY52 | Long             | LON              | CORP              | US        |    481000 | PA      | $483190.96    | 0.10%             | 2031-05-30      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| MARINER LLC                                   | Mariner Wealth Advisors LLC                                                     | CUSIP: 56846TAD8<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |    744374 | PA      | $743908.38    | 0.16%             | 2028-08-18      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2013-1 Ltd.                                                            | CUSIP: 92917CAN2<br>LEI: 54930085W413OSH6FR69 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500998.95    | 0.11%             | 2030-10-15      | Floating      | 7.47%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2018-3 Ltd.                                                            | CUSIP: 92917KAE4<br>LEI: 54930068MLVF3BECCK93 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1992867.80   | 0.43%             | 2031-10-15      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2019-1 Ltd.                                                            | CUSIP: 92917NBC1<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006170.80   | 0.21%             | 2037-10-15      | Floating      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-2 Ltd.                                                            | CUSIP: 92918HBD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $976656.50    | 0.21%             | 2038-01-20      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-3 Ltd.                                                            | CUSIP: 92918NAY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1494241.50   | 0.32%             | 2038-01-20      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-3 Ltd.                                                            | CUSIP: 92918NBE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $986085.10    | 0.21%             | 2038-01-20      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| CreekSource (Dunes Creek) CLO                 | Creeksource 2024-1 Dunes Creek Clo Ltd.                                         | CUSIP: 225917AA1<br>LEI: 254900CZYOXX4AZ15302 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993884.20    | 0.21%             | 2038-01-15      | Floating      | 10.48%                | Yes           |                  2 | On Loan: No      |
| Crestline Denali CLO XV, Ltd.                 | Crestline Denali CLO XV Ltd.                                                    | CUSIP: 22616CAG8<br>LEI: 254900I3X14OTGXOC969 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1254661.75   | 0.27%             | 2030-04-20      | Floating      | 8.26%                 | Yes           |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                          | DBUBS 2011-LC3 Mortgage Trust                                                   | CUSIP: 23305YAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    203000 | PA      | $145897.12    | 0.03%             | 2044-05-10      | Variable      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Dewolf Park clo, ltd                          | Dewolf Park CLO Ltd.                                                            | CUSIP: 25211CAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1480855.65   | 0.32%             | 2030-10-15      | Floating      | 10.72%                | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2020-3 Ltd.                                                            | CUSIP: 92918NBG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $989795.40    | 0.21%             | 2038-01-20      | Floating      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2022-3 Ltd.                                                            | CUSIP: 92919WAF3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1125000 | PA      | $1132313.18   | 0.24%             | 2036-10-20      | Floating      | 12.27%                | Yes           |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO 2022-4 Ltd.                                                            | CUSIP: 92920MAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249632.03    | 0.05%             | 2037-04-20      | Floating      | 10.97%                | Yes           |                  2 | On Loan: No      |
| WFLD MORTGAGE TRUST                           | WFLD 2014-MONT Mortgage Trust                                                   | CUSIP: 92939GAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $367479.50    | 0.08%             | 2031-08-10      | Variable      | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                             | Wellfleet CLO 2018-2 Ltd.                                                       | CUSIP: 94949JAJ4<br>LEI: 254900QO5AI38SSR4719 | Long             | ABS-CBDO         | CORP              | KY        |    411148 | PA      | $410255.10    | 0.09%             | 2031-10-20      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| WEX INC                                       | WEX, Inc.                                                                       | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    400000 | PA      | $389349.60    | 0.08%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Whitebox CLO IV Ltd                           | Whitebox CLO IV Ltd.                                                            | CUSIP: 96467KAU3<br>LEI: 549300SN372GTCE2YI66 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 0.43%             | 2036-04-20      | Floating      | 8.18%                 | Yes           |                  2 | On Loan: No      |
| Whitebox CLO IV Ltd                           | Whitebox CLO IV Ltd.                                                            | CUSIP: 96467LAE7<br>LEI: 549300SN372GTCE2YI66 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $985000.00    | 0.21%             | 2036-04-20      | Floating      | 10.76%                | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | THL Credit Wind River 2019-3 Clo Ltd.                                           | CUSIP: 97314JAJ4<br>LEI: 549300QKM4OHZM4I5C40 | Long             | ABS-CBDO         | CORP              | KY        |    795598 | PA      | $793869.94    | 0.17%             | 2031-04-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd                            | THL Credit Wind River 2019-3 Clo Ltd.                                           | CUSIP: 97314JAQ8<br>LEI: 549300QKM4OHZM4I5C40 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $747279.83    | 0.16%             | 2031-04-15      | Floating      | 7.36%                 | Yes           |                  2 | On Loan: No      |
| Worldwide Plaza Trust                         | Worldwide Plaza Trust 2017-WWP                                                  | CUSIP: 98162JAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $43312.50     | 0.01%             | 2036-11-10      | Variable      | 3.72%                 | Yes           |                  2 | On Loan: No      |
| Generate CLO Ltd.                             | Generate CLO 3 Ltd.                                                             | CUSIP: 98625UBJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2010162.80   | 0.43%             | 2036-10-20      | Floating      | 9.17%                 | Yes           |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                            | Zegona Finance PLC                                                              | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    950000 | PA      | $1010562.50   | 0.22%             | 2029-07-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| EUR FORWARD PALMER CONTRACT 06/25/2025   /    | EUR FORWARD PALMER CONTRACT 06/25/2025   /                                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   -641000 | OU      | $-728808.83   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| AHEAD DB HOLDINGS LLC                         | Ahead DB Holdings LLC                                                           | CUSIP: 00866HAH8<br>LEI: 254900L07WFL833JX193 | Long             | LON              | CORP              | US        |    496250 | PA      | $493691.83    | 0.11%             | 2031-02-03      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| A-AP BUYER INC                                | A-AP Buyer, Inc.                                                                | CUSIP: 00036FAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    748125 | PA      | $748125.00    | 0.16%             | 2031-09-09      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| HOWDEN GROUP HOLDINGS LT                      | Howden Group Holdings Ltd.                                                      | CUSIP: G4712JAY8<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    738693 | PA      | $740263.19    | 0.16%             | 2030-04-18      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDI                    | Alliant Holdings Intermediate LLC                                               | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    599264 | PA      | $595800.47    | 0.13%             | 2031-09-19      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CREATIVE ARTISTS AGENCY LLC                   | Creative Artists Agency LLC                                                     | CUSIP: 22526WAS7<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |    736947 | PA      | $734511.60    | 0.16%             | 2031-10-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| ECI MACOLA MAX HOLDING                        | ECI Macola/Max Holding LLC                                                      | CUSIP: 999999999<br>LEI: 549300MZ2LKM75L5EI42 | Long             | LON              | CORP              | US        |    718369 | PA      | $716932.01    | 0.15%             | 2030-05-31      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| TCP SUNBELT ACQUISITI                         | TCP Sunbelt Acquisition Co.                                                     | CUSIP: 999999999<br>LEI: 549300P5GYKSLPTV1Y23 | Long             | LON              | CORP              | US        |    748125 | PA      | $749999.05    | 0.16%             | 2031-10-24      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| OPAL US LLC                                   | Opal U.S. LLC                                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $744847.50    | 0.16%             | 2032-04-23      | Floating      | 9.84%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 45 Senior Loan Fund                                                      | CUSIP: 26244MBE1<br>LEI: 54930046L20VLJKPVV31 | Long             | ABS-CBDO         | CORP              | KY        |    975000 | PA      | $967804.60    | 0.21%             | 2030-10-15      | Floating      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 49 Senior Loan Fund                                                      | CUSIP: 26244QAU7<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $988861.90    | 0.21%             | 2030-07-18      | Floating      | 7.93%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 80 CLO Ltd.                                                              | CUSIP: 26245JAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1275000 | PA      | $1253261.00   | 0.27%             | 2033-01-17      | Floating      | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 86 CLO Ltd.                                                              | CUSIP: 26246AAC0<br>LEI: 25490017VKY7XEFZL303 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $1382110.80   | 0.30%             | 2030-07-17      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 30 Senior Loan Fund                                                      | CUSIP: 26249BAW1<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006901.20   | 0.64%             | 2028-11-15      | Floating      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 30 Senior Loan Fund                                                      | CUSIP: 26249BBA8<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $692600.70    | 0.15%             | 2028-11-15      | Floating      | 11.83%                | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 65 CLO Ltd.                                                              | CUSIP: 26251YAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $741219.75    | 0.16%             | 2030-07-18      | Floating      | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 77 CLO Ltd.                                                              | CUSIP: 26252YAG0<br>LEI: 254900XGNUOV0Y3IBA68 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $889843.00    | 0.19%             | 2034-05-20      | Floating      | 12.17%                | Yes           |                  2 | On Loan: No      |
| EW SCRIPPS CO                                 | EW Scripps Co.                                                                  | CUSIP: 26928BAQ2<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |    323702 | PA      | $295530.35    | 0.06%             | 2028-06-30      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                                 | EW Scripps Co.                                                                  | CUSIP: 26928BAR0<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |    288289 | PA      | $240050.88    | 0.05%             | 2029-11-30      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance CLO 2013-1 Ltd.                                                     | CUSIP: 27830CAJ1<br>LEI: 5493001O5CL3BBUIEH94 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2170166.85   | 0.46%             | 2034-01-15      | Floating      | 11.32%                | Yes           |                  2 | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance Clo 2015-1 Ltd.                                                     | CUSIP: 27830KBA1<br>LEI: 5493008YP5U5LTXAO749 | Long             | ABS-CBDO         | CORP              | KY        |   1575000 | PA      | $1561901.51   | 0.33%             | 2030-01-20      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| AIMBRIDGE ACQ Co., Inc. TERM LOAN 2/28/27   / | AIMBRIDGE ACQ Co., Inc. TERM LOAN 2/28/27   /                                   | CUSIP: 00900YAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     67348 | PA      | $67348.08     | 0.01%             | 2027-02-28      | Variable      | 9.94%                 | No            |                  2 | On Loan: No      |
| AIMBRIDGE ACQ ROLL U TERM LOAN 07/05/2027   / | AIMBRIDGE ACQ ROLL U TERM LOAN 07/05/2027   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     67696 | PA      | $66680.61     | 0.01%             | 2027-07-05      | Variable      | 11.94%                | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                      | HAH Group Holding Co. LLC                                                       | CUSIP: 40518JAA7<br>LEI: 254900FFJQHW9R90FL74 | Long             | DBT              | CORP              | US        |    982000 | PA      | $943070.57    | 0.20%             | 2031-10-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                      | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden U.S. Refinance LLC | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    750000 | PA      | $761766.00    | 0.16%             | 2032-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| HPS Loan Management Ltd                       | Highbridge Loan Management 5-2015 Ltd.                                          | CUSIP: 44331DAY5<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1231774.25   | 0.26%             | 2030-10-15      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                       | International Game Technology PLC                                               | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   1650000 | PA      | $1621125.00   | 0.35%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Invesco CLO LTD                               | Invesco U.S. CLO 2023-2 Ltd.                                                    | CUSIP: 46147LAE0<br>LEI: 2549000VWIHWVWECHQ22 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $970000.00    | 0.21%             | 2038-04-21      | Floating      | 12.65%                | Yes           |                  2 | On Loan: No      |
| Jamestown CLO Ltd                             | Jamestown CLO XI Ltd.                                                           | CUSIP: 47049AAA9<br>LEI: 549300ICXRO4NIJIWJ29 | Long             | ABS-CBDO         | CORP              | KY        |   1335000 | PA      | $1316102.54   | 0.28%             | 2031-07-14      | Floating      | 10.52%                | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners XV                | Octagon Investment Partners XVII Ltd.                                           | CUSIP: 67590GBQ1<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-CBDO         | CORP              | KY        |   1805000 | PA      | $1796661.80   | 0.38%             | 2031-01-25      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 37                | Octagon Investment Partners 37 Ltd.                                             | CUSIP: 67591VAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1485297.60   | 0.32%             | 2030-07-25      | Floating      | 7.39%                 | Yes           |                  2 | On Loan: No      |
| Oak Hill Credit                               | OHA Credit Funding 8 Ltd.                                                       | CUSIP: 67707GBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1965834.00   | 0.42%             | 2038-01-20      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                         | ON Semiconductor Corp.                                                          | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    544000 | PA      | $514872.61    | 0.11%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NEXUS BUYER LLC                               | Nexus Buyer LLC                                                                 | CUSIP: 65343UAH5<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    746255 | PA      | $745064.41    | 0.16%             | 2031-07-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| BRIGHTVIEW LANDSCAPES                         | Brightview Landscapes LLC                                                       | CUSIP: 10801XAL1<br>LEI: 549300OSAEQC89PVOW06 | Long             | LON              | CORP              | US        |    463568 | PA      | $456614.32    | 0.10%             | 2029-04-20      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| ONEDIGITAL BORROWER LLC                       | OneDigital Borrower LLC                                                         | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |    744375 | PA      | $734139.84    | 0.16%             | 2031-07-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| TOUCHDOWN ACQUIRER INC                        | Touchdown Acquirer, Inc.                                                        | CUSIP: 89157NAJ2<br>LEI: 2549001J7IO9BK03IC64 | Long             | LON              | CORP              | US        |    748125 | PA      | $737217.34    | 0.16%             | 2031-02-21      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| EAB GLOBAL INC                                | EAB Global, Inc.                                                                | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |   1498111 | PA      | $1472358.30   | 0.31%             | 2030-08-16      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| HIRERIGHT HOLDINGS CORP                       | HireRight Holdings Corp.                                                        | CUSIP: 37190DAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    738773 | PA      | $722612.77    | 0.15%             | 2030-09-30      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| EDGEWATER GENERATION LLC                      | Edgewater Generation LLC                                                        | CUSIP: 28031FAM2<br>LEI: 5493004PLDT1L28SWG83 | Long             | LON              | CORP              | US        |    726854 | PA      | $726400.11    | 0.16%             | 2030-08-01      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| NORTHAB LLC                                   | NorthAB LLC                                                                     | CUSIP: 66345FAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    729441 | PA      | $723448.60    | 0.15%             | 2028-11-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| HP PHRG BORROWER LLC                          | HP PHRG Borrower LLC                                                            | CUSIP: 40445XAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $699375.00    | 0.15%             | 2032-02-20      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| VFH PARENT LLC                                | VFH Parent LLC                                                                  | CUSIP: 91820UAV2<br>LEI: 549300FRO9M476YHHY64 | Long             | LON              | CORP              | US        |    550000 | PA      | $548625.00    | 0.12%             | 2031-06-20      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                      | TK Elevator U.S. Newco, Inc.                                                    | CUSIP: 999999999<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |    500000 | PA      | $498657.50    | 0.11%             | 2030-04-30      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Corp. Trust 2012-BWTR                                    | CUSIP: 36192RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3488685 | PA      | $3037071.42   | 0.65%             | 2034-11-05      | Fixed         | 2.95%                 | Yes           |                  2 | On Loan: No      |
| Galaxy CLO Ltd                                | Galaxy 32 CLO Ltd.                                                              | CUSIP: 362941AA4<br>LEI: 391200J1K1EF617W8568 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1009996.50   | 0.22%             | 2036-10-20      | Floating      | 11.60%                | Yes           |                  2 | On Loan: No      |
| Galaxy CLO Ltd                                | Galaxy XXVI CLO Ltd.                                                            | CUSIP: 36321MAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $988776.90    | 0.21%             | 2031-11-22      | Floating      | 12.59%                | Yes           |                  2 | On Loan: No      |
| Generate CLO Ltd.                             | Generate CLO 7 Ltd.                                                             | CUSIP: 37149LAU1<br>LEI: 25490036G9JNQQPHIX69 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1256078.63   | 0.27%             | 2037-04-22      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| Goldentree Loan Opportunities                 | Goldentree Loan Opportunities XII Ltd.                                          | CUSIP: 38137MAT4<br>LEI: 5493004WVEVHIF701522 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1253462.13   | 0.27%             | 2030-07-21      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Goldentree Loan Opportunities                 | Goldentree Loan Opportunities XII Ltd.                                          | CUSIP: 38137TAD4<br>LEI: 5493004WVEVHIF701522 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1506763.95   | 0.32%             | 2030-07-21      | Floating      | 9.93%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US                 | Goldentree Loan Management U.S. CLO 5 Ltd.                                      | CUSIP: 38138DBE5<br>LEI: 549300O473GD3F35WC55 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $997969.90    | 0.21%             | 2032-10-20      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US                 | Goldentree Loan Management U.S. Clo 9 Ltd.                                      | CUSIP: 38138HAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996866.50    | 0.21%             | 2037-04-20      | Floating      | 12.73%                | Yes           |                  2 | On Loan: No      |
| GoldenTree Loan Management US                 | Goldentree Loan Management U.S. Clo 7 Ltd.                                      | CUSIP: 38138MAG1<br>LEI: 549300DO8S88M0JNL340 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $983798.90    | 0.21%             | 2034-04-20      | Floating      | 12.28%                | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT                | Golub Capital Partners CLO 74 B Ltd.                                            | CUSIP: 38190BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $1997795.40   | 0.43%             | 2037-07-25      | Floating      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                      | Graphic Packaging International LLC                                             | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    675000 | PA      | $638718.75    | 0.14%             | 2028-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Greenwood Park CLO, Ltd                       | Greenwood Park CLO Ltd.                                                         | CUSIP: 39729TAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $489141.55    | 0.10%             | 2031-04-15      | Floating      | 9.47%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                    | Grifols S.A.                                                                    | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    695000 | PA      | $648956.25    | 0.14%             | 2028-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Grippen Park CLO LTD                          | Grippen Park CLO Ltd.                                                           | CUSIP: 39862DAB2<br>LEI: 549300P7KR0IARP7PG22 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $94800.00     | 0.02%             | 2030-01-20      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Group, Inc.                         | TransDigm Group, Inc.                                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               |  | US        |        50 | NC      | $12000.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HPS Loan Management Ltd                       | Highbridge Loan Management 3-2014                                               | CUSIP: 40436XAJ6<br>LEI: 5493006ZY0SLETMEU160 | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $853200.34    | 0.18%             | 2029-07-18      | Floating      | 8.13%                 | Yes           |                  2 | On Loan: No      |
| EP PURCHASER LLC                              | EP Purchaser LLC                                                                | CUSIP: 26881KAD6<br>LEI: 549300GGODRVQG1GH476 | Long             | LON              | CORP              | US        |    746934 | PA      | $750669.17    | 0.16%             | 2028-11-06      | Floating      | 9.06%                 | No            |                  2 | On Loan: No      |
| ENERGYSOLUTIONS LLC                           | EnergySolutions LLC                                                             | CUSIP: 29276MAP2<br>LEI: 549300X3SKIUYR2MFH75 | Long             | LON              | CORP              | US        |    414465 | PA      | $413428.65    | 0.09%             | 2030-09-23      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                | Proofpoint, Inc.                                                                | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    748111 | PA      | $744512.42    | 0.16%             | 2028-08-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL                        | Mitchell International, Inc.                                                    | CUSIP: 60662WAW2<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |    746250 | PA      | $737492.76    | 0.16%             | 2031-06-17      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                          | INEOS U.S. Finance LLC                                                          | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    456133 | PA      | $428080.79    | 0.09%             | 2030-02-19      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                           | Medline Borrower LP                                                             | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    667828 | PA      | $642366.98    | 0.14%             | 2028-10-23      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| OVG BUSINESS SERVICES                         | Ovg Business Services LLC                                                       | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    615656 | PA      | $611808.40    | 0.13%             | 2031-06-25      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                 | B&G Foods, Inc.                                                                 | CUSIP: 05508TAV4<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | LON              | CORP              | US        |    497500 | PA      | $476978.13    | 0.10%             | 2029-10-10      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| UGI ENERGY SERVICES LLC                       | UGI Energy Services LLC                                                         | CUSIP: 90276DAE9<br>LEI: 5493001O7RUKEUP5XR11 | Long             | LON              | CORP              | US        |    456075 | PA      | $456531.19    | 0.10%             | 2030-02-22      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| PROJECT BOOST PURCHASER                       | Project Boost Purchaser LLC                                                     | CUSIP: 74339NAG1<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |    744288 | PA      | $739015.18    | 0.16%             | 2031-07-16      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2013-I Ltd.                                                        | CUSIP: 12548FAS9<br>LEI: 549300PC4RPZFE70AI24 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.21%             | 2030-07-16      | Floating      | 11.17%                | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2017-IV Ltd.                                                       | CUSIP: 12551KAA1<br>LEI: 254900JEH56UBUEZJW15 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1991172.00   | 0.43%             | 2030-10-24      | Floating      | 10.64%                | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2018-III Ltd.                                                      | CUSIP: 12551YAG8<br>LEI: 635400OB7ZCBUWDQNV87 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501741.50   | 0.32%             | 2031-07-18      | Floating      | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2018-III Ltd.                                                      | CUSIP: 12552BAA0<br>LEI: 635400OB7ZCBUWDQNV87 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $489972.90    | 0.10%             | 2031-07-18      | Floating      | 10.03%                | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd                              | CIFC Funding 2013-III-R Ltd.                                                    | CUSIP: 12552NAA4<br>LEI: 549300JZARV9CBLL1S14 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $987283.30    | 0.21%             | 2031-04-24      | Floating      | 10.44%                | Yes           |                  2 | On Loan: No      |
| CALPINE CORP                                  | Calpine Corp.                                                                   | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1131000 | PA      | $1108380.00   | 0.24%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                        | Canyon Capital CLO 2014-1 Ltd.                                                  | CUSIP: 13875LAU2<br>LEI: 549300W778MFSPI8C872 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $495404.80    | 0.11%             | 2031-01-30      | Floating      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO 2012-4 Ltd.                                | CUSIP: 14309YCJ1<br>LEI: 549300R4G5ROMXQ5CG20 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497738.30   | 0.32%             | 2032-04-22      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO 2013-1 Ltd.                                | CUSIP: 14310CAU3<br>LEI: 549300CVBX8ZUYQV3Q10 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995000.00    | 0.21%             | 2030-08-14      | Floating      | 11.06%                | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO 2014-1 Ltd.                                | CUSIP: 14310MBE6<br>LEI: 549300K65HYRGER5BW54 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750024.15    | 0.16%             | 2031-04-17      | Floating      | 7.14%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO 2014-2R Ltd.                               | CUSIP: 14314LAL9<br>LEI: 549300K65HYRGER5BW54 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1986886.60   | 0.42%             | 2031-05-15      | Floating      | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding IV CLO Ltd.                                                       | CUSIP: 150323BL6<br>LEI: 549300PPJP6KEORGHQ85 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1490629.65   | 0.32%             | 2038-01-23      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding IV CLO Ltd.                                                       | CUSIP: 150323BS1<br>LEI: 549300PPJP6KEORGHQ85 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $989778.10    | 0.21%             | 2038-01-23      | Floating      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding VI CLO Ltd.                                                       | CUSIP: 15032DAX9<br>LEI: 549300PQ60B57EBTK013 | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1200224.88   | 0.26%             | 2034-04-20      | Floating      | 7.84%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding Ltd                             | Cedar Funding VII Clo Ltd.                                                      | CUSIP: 15032FAP1<br>LEI: 549300G87EGFMLOYN341 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1973713.40   | 0.42%             | 2031-01-20      | Floating      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Eaton Vance CDO Ltd                           | Eaton Vance CLO 2020-2 Ltd.                                                     | CUSIP: 27830RAG4<br>LEI: 549300FU3GAH1NNHOO94 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $966771.50    | 0.21%             | 2037-10-15      | Floating      | 10.76%                | Yes           |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                         | Ellucian Holdings, Inc.                                                         | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1177937.50   | 0.25%             | 2029-12-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO VI Ltd.                           | Elmwood CLO VI Ltd.                                                             | CUSIP: 29001VAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2492123.00   | 0.53%             | 2037-07-18      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 22 Ltd                            | Elmwood CLO 22 Ltd.                                                             | CUSIP: 29001YAS2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $737801.78    | 0.16%             | 2038-04-17      | Floating      | 8.23%                 | Yes           |                  2 | On Loan: No      |
| AIMBRIDGE RESTRUCTUR COMMON EQUITY   /        | AIMBRIDGE RESTRUCTUR COMMON EQUITY   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |      6465 | OU      | $426690.00    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Barings Euro CLO DAC                          | Barings Euro CLO 2015-1 DAC                                                     | CUSIP: 999999999<br>LEI: 635400AW6SPWCAGJKI82 | Long             | ABS-CBDO         | CORP              | IE        |   1500000 | PA      | $1702066.67   | 0.36%             | 2035-07-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| CUMULUS STATIC CLO                            | Cumulus Static CLO 2024-1 DAC                                                   | CUSIP: BCC3F91D9<br>LEI: 2549005ZFHRHIZ9ONM43 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $2237208.56   | 0.48%             | 2033-11-15      | Floating      | 8.80%                 | Yes           |                  2 | On Loan: No      |
| VOYA EURO CLO                                 | Voya Euro CLO I DAC                                                             | CUSIP: 999999999<br>LEI: 635400EFYWXM2GM8RL10 | Long             | ABS-CBDO         | CORP              | IE        |   2000000 | PA      | $2299734.68   | 0.49%             | 2037-10-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| WELLPATH HOLDINGS INC                         | Wellpath Holdings, Inc.                                                         | CUSIP: 12509EAE0<br>LEI: 5493007TTBKNU18GKU86 | Long             | LON              | CORP              | US        |    146956 | PA      | $3000.84      | 0.00%             | 2026-10-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SOPHOS HOLDINGS LLC                           | Sophos Holdings LLC                                                             | CUSIP: 86875TAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    967695 | PA      | $968227.53    | 0.21%             | 2027-03-05      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| FOREST CITY ENTERPRISES                       | Forest City Enterprises LLC                                                     | CUSIP: 34555QAF7<br>LEI: 54930078MCT017XXRD21 | Long             | LON              | CORP              | US        |    703125 | PA      | $678417.19    | 0.14%             | 2025-12-08      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| ASTORIA ENERGY LLC                            | Astoria Energy LLC                                                              | CUSIP: 04626LAE9<br>LEI: 549300BXD26J7I0IPB62 | Long             | LON              | CORP              | US        |    689593 | PA      | $691964.96    | 0.15%             | 2027-12-10      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| CCI BUYER INC                                 | CCI Buyer, Inc.                                                                 | CUSIP: 12510EAC1<br>LEI: 254900TMV7DAFRQALU04 | Long             | LON              | CORP              | US        |    288000 | PA      | $288475.20    | 0.06%             | 2027-12-17      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                   | Asurion LLC                                                                     | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    120567 | PA      | $119794.57    | 0.03%             | 2026-12-23      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                                  | Peraton Corp.                                                                   | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    724719 | PA      | $655740.57    | 0.14%             | 2028-02-01      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                                  | RealPage, Inc.                                                                  | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    727387 | PA      | $721396.91    | 0.15%             | 2028-04-24      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH & WELLNESS                       | Petco Health & Wellness Co., Inc.                                               | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    716322 | PA      | $627161.76    | 0.13%             | 2028-03-06      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| PODS LLC                                      | PODS LLC                                                                        | CUSIP: 73044EAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    729219 | PA      | $676482.01    | 0.14%             | 2028-03-31      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| DEDALUS FINANCE GMBH                          | Dedalus Finance GmbH                                                            | CUSIP: 999999999<br>LEI: 391200XH4I9QLL23DB49 | Long             | LON              | CORP              | DE        |    800000 | PA      | $903097.32    | 0.19%             | 2027-07-17      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| RED PLANET BORROWER LLC                       | Red Planet Borrower LLC                                                         | CUSIP: 57165KAB2<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |    725564 | PA      | $711959.58    | 0.15%             | 2028-09-29      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| MEDICAL SOLUTIONS HOLDIN                      | Medical Solutions Holdings, Inc.                                                | CUSIP: 58462QAH4<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |    729675 | PA      | $445911.50    | 0.10%             | 2028-11-01      | Floating      | 7.89%                 | No            |                  2 | On Loan: No      |
| IVANTI SOFTWARE INC                           | Ivanti Software, Inc.                                                           | CUSIP: 46583DAG4<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |    627348 | PA      | $473201.95    | 0.10%             | 2027-12-01      | Floating      | 8.79%                 | No            |                  2 | On Loan: No      |
| VISION SOLUTIONS INC                          | Vision Solutions, Inc.                                                          | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    579000 | PA      | $539917.50    | 0.12%             | 2028-04-24      | Floating      | 8.54%                 | No            |                  2 | On Loan: No      |
| PRE-PAID LEGAL SERVICES                       | Pre-Paid Legal Services, Inc.                                                   | CUSIP: 74006LAS1<br>LEI: 549300DKH5WJ2J8QU878 | Long             | LON              | CORP              | US        |    727552 | PA      | $721793.00    | 0.15%             | 2028-12-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| AP GAMING I LLC                               | AP Gaming I LLC                                                                 | CUSIP: 00185NAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    471957 | PA      | $473181.25    | 0.10%             | 2029-02-15      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| BARRACUDA NETWORKS INC                        | Barracuda Networks, Inc.                                                        | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |    733125 | PA      | $614868.27    | 0.13%             | 2029-08-15      | Floating      | 8.79%                 | No            |                  2 | On Loan: No      |
| LIGHTSTONE HOLDCO LLC                         | Lightstone Holdco LLC                                                           | CUSIP: 53226GAK7<br>LEI: 549300VXK6UGDG7H3G98 | Long             | LON              | CORP              | US        |   1110043 | PA      | $1110597.57   | 0.24%             | 2027-01-29      | Floating      | 10.04%                | No            |                  2 | On Loan: No      |
| ROHM HOLDING GMBH                             | Rohm Holding GmbH                                                               | CUSIP: D7000LAC8<br>LEI: 529900TDB6090VCVJG31 | Long             | LON              | CORP              | DE        |    500639 | PA      | $542070.49    | 0.12%             | 2029-01-29      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                           | LBM Acquisition LLC                                                             | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |    744375 | PA      | $706847.33    | 0.15%             | 2031-06-06      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| NOURYON FINANCE BV                            | Nouryon Finance B.V.                                                            | CUSIP: N8232NAL1<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    482705 | PA      | $480291.31    | 0.10%             | 2028-04-03      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| ZACAPA SARL                                   | Zacapa SARL                                                                     | CUSIP: L9901EAG2<br>LEI: 213800VIVQIJLORBU468 | Long             | LON              | CORP              | LU        |    496167 | PA      | $494926.90    | 0.11%             | 2029-03-22      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                          | Cengage Learning, Inc.                                                          | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    496256 | PA      | $494789.81    | 0.11%             | 2031-03-24      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| GRINDING MEDIA INC                            | Grinding Media, Inc.                                                            | CUSIP: 39854KAC4<br>LEI: 254900IYFJ03EGFQ8C34 | Long             | LON              | CORP              | US        |    744332 | PA      | $718280.01    | 0.15%             | 2028-10-12      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| IVI AMERICA LLC                               | IVI America LLC                                                                 | CUSIP: 999999999<br>LEI: 549300V0LY56J9HGCK92 | Long             | LON              | CORP              | US        |    748116 | PA      | $737828.99    | 0.16%             | 2031-04-14      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING III BV                           | Peer Holding III B.V.                                                           | CUSIP: N6872NAN6<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |    748125 | PA      | $746022.77    | 0.16%             | 2031-07-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| DEUCE FINCO                                   | Deuce Finco Plc                                                                 | CUSIP: G2736HAA0<br>LEI: 9845007DA2BC863E8437 | Long             | DBT              | CORP              | GB        |   1160000 | PA      | $1530924.84   | 0.33%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EURO CURRENCY  /                              | EURO CURRENCY  /                                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | XX        |    340267 | OU      | $385484.03    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Treasury Portfolio                   | Fidelity Treasury Portfolio - Class I                                           | CUSIP: 316175504<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  94099649 | PA      | $94099648.71  | 20.09%            |  |  |  | No            |                  1 | On Loan: No      |
| ACCESSION RISK MGMT DELAYED TL 11/01/29   /   | ACCESSION RISK MGMT DELAYED TL 11/01/29   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1997292 | PA      | $1996043.36   | 0.43%             | 2029-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Senior Debt                 | Palmer Square CLO Senior Debt ETF                                               | CUSIP: 696930205<br>LEI: 529900TABPQS963SOB46 | Long             |  | RF                | US        |      5311 | NS      | $107229.09    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Palmer Square Credit Opportuni                | Palmer Square Credit Opportunities ETF                                          | CUSIP: 696930106<br>LEI: 529900LY0Z76U5AEGV09 | Long             |  | RF                | US        |      6805 | NS      | $138073.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLPATH RECOV SOLUT RECOVERY SOLUTIONS   /   | WELLPATH RECOV SOLUT RECOVERY SOLUTIONS   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             |  | PF                | US        |       106 | OU      | $2378.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLPATH RECOV SOLTL PIK ACCRUAL   /          | WELLPATH RECOV SOLTL PIK ACCRUAL   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     15530 | PA      | $15529.53     | 0.00%             | 2030-01-27      | Variable      | 12.80%                | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO B SARL                       | Summer BC Holdco B SARL                                                         | CUSIP: L8869TAC0<br>LEI: 984500NRF59D5DB9B654 | Long             | DBT              | CORP              | LU        |    545000 | PA      | $603875.68    | 0.13%             | 2030-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                  | Novelis Corp.                                                                   | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    900000 | PA      | $838125.00    | 0.18%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2023-28 Ltd.                                                            | CUSIP: 671002AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1007111.50   | 0.22%             | 2036-07-16      | Floating      | 12.66%                | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2014-5 Ltd.                                                             | CUSIP: 67102SAS3<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-CBDO         | CORP              | KY        |   2050000 | PA      | $2051775.51   | 0.44%             | 2031-04-26      | Floating      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2020-18 Ltd.                                                            | CUSIP: 671078AW3<br>LEI: 254900MN6N176YEZLX15 | Long             | ABS-CBDO         | CORP              | KY        |   1025000 | PA      | $1022396.19   | 0.22%             | 2037-07-20      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| OZLM Ltd                                      | OZLM VI Ltd.                                                                    | CUSIP: 67108LBR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1752244.38   | 0.37%             | 2031-04-17      | Floating      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| OZLM Ltd                                      | OZLM VI Ltd.                                                                    | CUSIP: 67108PAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1353913.35   | 0.29%             | 2031-04-17      | Floating      | 10.59%                | Yes           |                  2 | On Loan: No      |
| OZLM Ltd                                      | OZLM XXI Ltd.                                                                   | CUSIP: 67112AAG6<br>LEI: 5493002HF6D1C4B1AK86 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504239.90   | 0.32%             | 2031-01-20      | Floating      | 7.20%                 | Yes           |                  2 | On Loan: No      |
| OZLM Ltd                                      | OZLM XX Ltd.                                                                    | CUSIP: 67112MAG0<br>LEI: 549300ROA1URR67W0G46 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1505485.50   | 0.32%             | 2031-04-20      | Floating      | 7.48%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2022-25 Ltd.                                                            | CUSIP: 67115CAL8<br>LEI: 254900V271655KJK1382 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498357.80   | 0.32%             | 2037-07-20      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2023-30 Ltd.                                                            | CUSIP: 67117QAA9<br>LEI: 2138008RM9AHM8ZQ8119 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1514992.35   | 0.32%             | 2037-01-24      | Floating      | 11.37%                | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-12

**Name of Applicant:** PALMER SQUARE OPPORTUNISTIC INCOME FUND

**Signature:** /s/ Jeffrey Fox

**Name of Signer:** Jeffrey Fox

**Title:** President and Treasurer