# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001795351-25-000383
**Filing Date:** 2025-7
**Character Count:** 162612
**Document Hash:** ea01a7be46abdd3879e1177abaa2111e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001795351-25-000383.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001795351-25-000383

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23494
- **FILM NUMBER:** 251161574

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Floating Rate ETF (Series ID: S000077050)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000237190 | T. Rowe Price Floating Rate ETF | TFLR            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. Rowe Price Exchange-Traded Funds, Inc.

- **b. Investment Company Act file number:** 811-23494

- **c. CIK number of Registrant:** 0001795351

- **d. LEI of Registrant:** 549300XZPUK24E1UMH17

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Floating Rate ETF

- **b. EDGAR series identifier (if any):** S000077050

- **c. LEI of Series:** 5493005Y3VRUR59CUG92

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $323871122.97

**Total Liabilities:** $23600039.10

**Net Assets:** $300271083.87

**Delayed Delivery Securities:** $410000.00

**Cash Not Reported:** $365939.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -15.600930 | **1-Year:** -56.515721 | **5-Year:** -222.647159 | **10-Year:** -31.829786 | **30-Year:** 0.000000

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

- **3-Month:** -55.310210 | **1-Year:** -13308.039522 | **5-Year:** -81742.995416 | **10-Year:** -21062.696792 | **30-Year:** -415.008831

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237190 | -0.27%               | -0.02%               | 1.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-225283.63              | $-2360374.33                               |
| Month 2  | $-726327.27              | $-1190059.45                               |
| Month 3  | $-160399.04              | $3095472.26                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Acuren Delaware Holdco Inc                                                | AAL DELAWARE HOLDCO INC 2025 TERM LOAN                                                                            | CUSIP: 00036YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    193926 | PA      | $193744.05    | 0.06%             | 2031-07-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                           | ABG INTERMEDIATE HOLDS 2 LLC 2024 1ST LIEN TERM LOAN B                                                            | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |    465230 | PA      | $461801.19    | 0.15%             | 2028-12-21      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings Inc                                            | AMC ENTERTAINMENT HLDINGS INC 2024 TERM LOAN                                                                      | CUSIP: 00164CAD7<br>LEI: 549300ZO77UNR6NRBR11 | Long             | LON              | CORP              | US        |   1479820 | PA      | $1481359.45   | 0.49%             | 2029-01-04      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                              | ACRISURE LLC 2024 1ST LIEN TERM LOAN B1                                                                           | CUSIP: 00488PAU9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    273317 | PA      | $272732.12    | 0.09%             | 2027-02-13      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                              | ACRISURE LLC 2024 1ST LIEN TERM LOAN B6                                                                           | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   1690929 | PA      | $1678602.00   | 0.56%             | 2030-11-06      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc                                       | ACRISURE LLC / FIN INC SR UNSECURED 144A 06/29 8.5                                                                | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $479550.00    | 0.16%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc                                                        | ADVISOR GROUP INC 2024 TERM LOAN B                                                                                | CUSIP: 00775KAK4<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |   1179386 | PA      | $1182593.90   | 0.39%             | 2028-08-17      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Aggreko Holdings Inc                                                      | ALBION FINANCING 3 SARL 2025 USD TERM LOAN B                                                                      | CUSIP: 00847NAE6<br>LEI: 213800VFJ5CIN2NUQ821 | Long             | LON              | CORP              | LU        |   1190308 | PA      | $1191796.17   | 0.40%             | 2029-08-16      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Alliance Laundry Systems LLC                                              | ALLIANCE LAUNDRY SYSTEMS LLC 2024 TERM LOAN B                                                                     | CUSIP: 01862LBA5<br>LEI: 549300YBOGK6MBI5ND34 | Long             | LON              | CORP              | US        |    405000 | PA      | $405076.95    | 0.13%             | 2031-08-19      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                                         | ALLIANT HOLDINGS INTER LLC 2024 TERM LOAN B6                                                                      | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   3498441 | PA      | $3482593.33   | 1.16%             | 2031-09-19      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer            | ALLIANT HOLD / CO ISSUER SR SECURED 144A 04/28 6.75                                                               | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $434300.00    | 0.14%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corp               | ALLIED UNIVERSAL SR UNSECURED 144A 07/27 9.75                                                                     | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    830000 | PA      | $834150.00    | 0.28%             | 2027-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                               | ALLIED UNIVERSAL HOLDCO LLC 2021 USD TERM LOAN                                                                    | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   2662351 | PA      | $2664853.90   | 0.89%             | 2028-05-12      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                                      | ALPHA GENERATION LLC TERM LOAN B                                                                                  | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |   1857473 | PA      | $1863862.83   | 0.62%             | 2031-09-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd                                                 | AMERICAN AIRLINES INC 2025 TERM LOAN                                                                              | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2461416 | PA      | $2433109.93   | 0.81%             | 2028-04-20      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                          | AMWINS GROUP INC 2025 TERM LOAN B                                                                                 | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    743138 | PA      | $742045.09    | 0.25%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Anticimex Global AB                                                       | ANTICIMEX INTERNATIONAL AB 2024 TERM LOAN B6                                                                      | CUSIP: 03703HAB2<br>LEI: 54930005SBU6WYFBEB41 | Long             | LON              | CORP              | SE        |     89636 | PA      | $89635.89     | 0.03%             | 2028-11-16      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance Inc                                 | POLLO COMCL REAL ESTE FIN INC 2021 INCREMENTAL TL B1                                                              | CUSIP: 03768DAC1<br>LEI: 549300E0AN7M2AQHSY29 | Long             | LON              | CORP              | US        |    102711 | PA      | $101941.10    | 0.03%             | 2028-03-11      | Floating      | 7.94%                 | No            |                  3 | On Loan: No      |
| Applied Systems Inc                                                       | APPLIED SYSTEMS INC 2024 2ND LIEN TERM LOAN                                                                       | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   1450214 | PA      | $1482481.44   | 0.49%             | 2032-02-23      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                                       | APPLIED SYSTEMS INC 2024 1ST LIEN TERM LOAN                                                                       | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   3799822 | PA      | $3811715.11   | 1.27%             | 2031-02-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc                                                          | ARCHES BUYER INC 2021 TERM LOAN B                                                                                 | CUSIP: 03952HAD6<br>LEI: 2549009ADY4208OH2Y47 | Long             | LON              | CORP              | US        |   1002773 | PA      | $986057.21    | 0.33%             | 2027-12-06      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Aretec Group Inc                                                          | ARETEC GROUP INC SR SECURED 144A 08/30 10                                                                         | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    265000 | PA      | $288187.50    | 0.10%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Arsenal AIC Parent LLC                                                    | ARSENAL AIC PARENT LLC 2025 TERM LOAN B                                                                           | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1131663 | PA      | $1126570.91   | 0.38%             | 2030-08-18      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Arsenal AIC Parent LLC                                                    | ARSENAL AIC PARENT LLC UNSECURED 144A 10/31 11.5                                                                  | CUSIP: 04288BAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $333000.00    | 0.11%             | 2031-10-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                                       | ASCEND LEARNING LLC 2021 2ND LIEN TERM LOAN                                                                       | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |    922699 | PA      | $914911.18    | 0.30%             | 2029-12-10      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                                       | ASCEND LEARNING LLC 2025 REPRICED TERM LOAN B                                                                     | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   1093163 | PA      | $1087468.08   | 0.36%             | 2028-12-11      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| AssuredPartners Inc                                                       | ASSUREDPARTNERS INC 2024 INCREMENTAL TERM LOAN B5                                                                 | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |   5298848 | PA      | $5305736.45   | 1.77%             | 2031-02-14      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2020 TERM LOAN B8                                                                                     | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    321307 | PA      | $320883.26    | 0.11%             | 2026-12-23      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2021 TERM LOAN B9                                                                                     | CUSIP: 04649VAY6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    113094 | PA      | $112339.31    | 0.04%             | 2027-07-31      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2021 2ND LIEN TERM LOAN B3                                                                            | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1215000 | PA      | $1170956.25   | 0.39%             | 2028-01-31      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2021 SECOND LIEN TERM LOAN B4                                                                         | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   2500905 | PA      | $2364931.12   | 0.79%             | 2029-01-20      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2022 TERM LOAN B10                                                                                    | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    684530 | PA      | $680538.72    | 0.23%             | 2028-08-19      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION CORPORATION 2023 TERM LOAN B11                                                                            | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    299025 | PA      | $297903.76    | 0.10%             | 2028-08-19      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                               | ASURION LLC 2024 TERM LOAN B12                                                                                    | CUSIP: 04649VBD1<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    199000 | PA      | $196544.34    | 0.07%             | 2030-09-19      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                    | ATHENAHEALTH INC 2022 TERM LOAN B                                                                                 | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   1222986 | PA      | $1217091.61   | 0.41%             | 2029-02-15      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Simply Good Foods USA Inc                                                 | SIMPLY GOOD FOODS USA, INC. 2023 TERM LOAN B                                                                      | CUSIP: 04761PAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    221484 | PA      | $221373.17    | 0.07%             | 2027-03-17      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Avalara Inc                                                               | AVALARA INC 2025 TERM LOAN B                                                                                      | CUSIP: 05338KAB3<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |   2355000 | PA      | $2354576.10   | 0.78%             | 2032-03-26      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co Inc                                                       | BOXER PARENT COMPANY INC 2024 2ND LIEN TERM LOAN                                                                  | CUSIP: 05988HAL1<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   1040000 | PA      | $994500.00    | 0.33%             | 2032-07-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| Boxer Parent Co Inc                                                       | BOXER PARENT COMPANY INC 2025 USD TERM LOAN B                                                                     | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    270000 | PA      | $267931.80    | 0.09%             | 2031-07-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp                                                        | BAUSCH + LOMB CORP SR SECURED 144A 10/28 8.375                                                                    | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    296000 | PA      | $305990.00    | 0.10%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| QXO Building Products Inc                                                 | QXO INC TERM LOAN B                                                                                               | CUSIP: 07368RAJ0<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    179444 | PA      | $179930.73    | 0.06%             | 2032-04-30      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Belron Finance 2019 LLC                                                   | BELRON FINANCE US LLC 2024 USD TERM LOAN B                                                                        | CUSIP: 08078UAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    732489 | PA      | $734870.06    | 0.24%             | 2031-10-16      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust Inc                                             | BLACKSTONE MRTGE TRUST INC 2024 TERM LOAN B                                                                       | CUSIP: 09259GAG8<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    191491 | PA      | $192448.07    | 0.06%             | 2028-12-10      | Floating      | 8.08%                 | No            |                  3 | On Loan: No      |
| Bleriot US Bidco Inc                                                      | BLERIOT US BIDCO INC. 2023 TERM LOAN B                                                                            | CUSIP: 09353TAJ9<br>LEI: 254900ALCQ2A2VYD5Z08 | Long             | LON              | CORP              | US        |    579454 | PA      | $579865.57    | 0.19%             | 2030-10-31      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Brazos Delaware II LLC                                                    | BRAZOS DELAWARE II LLC 2025 TERM LOAN B                                                                           | CUSIP: 10620UAL6<br>LEI: 549300V1BTYXZRGYUU04 | Long             | LON              | CORP              | US        |    396768 | PA      | $395652.91    | 0.13%             | 2030-02-11      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| Brown Group Holding LLC                                                   | BROWN GROUP HOLDING, LLC 2022 TERM LOAN B2                                                                        | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |   1229625 | PA      | $1225185.61   | 0.41%             | 2031-07-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| CCC Intelligent Solutions Inc                                             | CCC INTELLIGENT SOLUTIONS INC TERM LOAN                                                                           | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |    299250 | PA      | $299250.00    | 0.10%             | 2032-01-23      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                          | CHS/COMMUNITY HEALTH SYS SR SECURED 144A 01/32 10.875                                                             | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    735000 | PA      | $784612.50    | 0.26%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                          | CSC HOLDINGS LLC COMPANY GUAR 144A 05/28 11.25                                                                    | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $592500.00    | 0.20%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CPPIB OVM Member US LLC                                                   | CPPIB CAPITAL INC TERM LOAN B                                                                                     | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    402925 | PA      | $400156.88    | 0.13%             | 2031-08-20      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                 | CAESARS ENTERTAINMENT CORP TERM LOAN B                                                                            | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    653107 | PA      | $650860.50    | 0.22%             | 2030-02-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                 | CAESARS ENTERTAINMENT INC. 2024 TERM LOAN B1                                                                      | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   1176678 | PA      | $1171159.47   | 0.39%             | 2031-02-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                             | CARNIVAL CORP SR SECURED 144A 08/29 7                                                                             | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    125000 | PA      | $131093.75    | 0.04%             | 2029-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Celsius Holdings Inc                                                      | CELSIUS HOLDINGS INC TERM LOAN                                                                                    | CUSIP: 15118XAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    780000 | PA      | $783166.80    | 0.26%             | 2032-04-01      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                  | Long: 151402952 TRS USD R E 108695001RET IBOXXTRS/ Short: 151402952 TRS USD P V 00MSOFR 108695001INT IBOXXTRS     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $25635.46     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Parent LLC                                                        | CENTRAL PARENT INC 2024 TERM LOAN B                                                                               | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    255000 | PA      | $226539.45    | 0.08%             | 2029-07-06      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Chariot Buyer LLC                                                         | CHAMBERLAIN GROUP INC TERM LOAN B                                                                                 | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |    540700 | PA      | $538180.71    | 0.18%             | 2028-11-03      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Charter Next Generation Inc                                               | CHARTER NEX US INC 2024 TERM LOAN B1                                                                              | CUSIP: 16125TAM4<br>LEI: 549300KRNU8RNVGYXG75 | Long             | LON              | CORP              | US        |   3234818 | PA      | $3239605.85   | 1.08%             | 2030-12-02      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Chobani LLC                                                               | CHOBANI LLC 2025 REPRICED TERM LOAN B                                                                             | CUSIP: 17026YAK5<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |    835192 | PA      | $837104.86    | 0.28%             | 2027-10-25      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc                                                          | CINEMARK USA INC 2024 TERM LOAN B                                                                                 | CUSIP: 172442AU9<br>LEI: 54930008H2137JSCPQ09 | Long             | LON              | CORP              | US        |    260749 | PA      | $260748.93    | 0.09%             | 2030-05-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                    | CITADEL SECURITIES LP 2024 FIRST LIEN TERM LOAN                                                                   | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    231931 | PA      | $232626.66    | 0.08%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Claros Mortgage Trust Inc                                                 | CLAROS MORTGAGE TRUST, INC. 2021 TERM LOAN B                                                                      | CUSIP: 18269PAC6<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | LON              | CORP              | US        |    310753 | PA      | $299876.74    | 0.10%             | 2026-08-09      | Floating      | 8.93%                 | No            |                  3 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc                                        | CLEAR CHANNEL OUTDOOR HOLD INC 2024 TERM LOAN                                                                     | CUSIP: 18452RAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    805795 | PA      | $788237.02    | 0.26%             | 2028-08-21      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc                                        | CLEAR CHANNEL OUTDOOR HO SR SECURED 144A 08/27 5.125                                                              | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $93100.00     | 0.03%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Clearwater Analytics LLC                                                  | CLEARWATER ANALYTICS LLC 2025 TERM LOAN B                                                                         | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |    405000 | PA      | $405000.00    | 0.13%             | 2032-04-21      | Floating      | 6.52%                 | No            |                  3 | On Loan: No      |
| Cloud Software Group Inc                                                  | CLOUD SOFTWARE GRP INC SECURED 144A 09/29 9                                                                       | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1746337.50   | 0.58%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                  | CLOUD SOFTWARE GRP INC SR SECURED 144A 06/32 8.25                                                                 | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    535000 | PA      | $561081.25    | 0.19%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Cogentrix Finance Holdco I LLC                                            | COGENTRIX FINANCE HOLDCO I LLC TERM LOAN B                                                                        | CUSIP: 19239LAB2<br>LEI: 254900V51P55ABN4UU67 | Long             | LON              | CORP              | US        |   1451798 | PA      | $1455064.89   | 0.48%             | 2032-02-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Compass Power Generation LLC                                              | COMPASS POWER GENERATION LLC 2024 TERM LOAN                                                                       | CUSIP: 20451VAF0<br>LEI: 5493001FXZ2XUTES8E29 | Long             | LON              | CORP              | US        |    180694 | PA      | $181201.60    | 0.06%             | 2029-04-14      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services Inc                                             | CONCENTRA HEALTH SERVICES INC 2025 REPRICED TERM LOAN B                                                           | CUSIP: 20602RAD2<br>LEI: 984500GB84105F75DE32 | Long             | LON              | CORP              | US        |    507262 | PA      | $508530.66    | 0.17%             | 2031-07-26      | Floating      | 6.33%                 | No            |                  3 | On Loan: No      |
| ConnectWise LLC                                                           | CONNECTWISE LLC 2021 TERM LOAN B                                                                                  | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    514561 | PA      | $515203.72    | 0.17%             | 2028-09-29      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| Conservice Midco LLC                                                      | CONSERVICE MIDCO LLC 2025 TERM LOAN B                                                                             | CUSIP: 20848PAK4<br>LEI: 254900F6TNZYKCEM6A28 | Long             | LON              | CORP              | US        |    187957 | PA      | $187957.49    | 0.06%             | 2030-05-13      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Cornerstone Generation LLC                                                | CORNERSTONE GENERATION LLC TERM LOAN B                                                                            | CUSIP: 21924NAB4<br>LEI: 254900JBGAU2N55LVN75 | Long             | LON              | CORP              | US        |   1705000 | PA      | $1711393.75   | 0.57%             | 2031-10-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Crown Finance US Inc                                                      | CROWN FINANCE US INC 2024 TERM LOAN B                                                                             | CUSIP: 22834KAU5<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |   1351225 | PA      | $1351711.44   | 0.45%             | 2031-12-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding Inc                                   | CROWN SUBSEA COMUNS HOLING INC 2024 TERM LOAN B1                                                                  | CUSIP: 22860EAJ1<br>LEI: 5493003AYLUE132FIO27 | Long             | LON              | CORP              | US        |    327312 | PA      | $328438.19    | 0.11%             | 2031-01-30      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| Dave & Buster s Inc                                                       | DAVE + BUSTERS INC 2024 TERM LOAN B                                                                               | CUSIP: 23833EAX2<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    608434 | PA      | $576558.25    | 0.19%             | 2029-06-29      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Dayforce Inc                                                              | DAYFORCE INC 2025 TERM LOAN B                                                                                     | CUSIP: 23958CAD9<br>LEI: 549300T64GVCHFJ8L449 | Long             | LON              | CORP              | US        |    509569 | PA      | $510206.31    | 0.17%             | 2031-03-01      | Floating      | 6.28%                 | No            |                  3 | On Loan: No      |
| Dechra Finance US LLC                                                     | DECHRA PHAREUTCALS HOLD LTD USD TERM LOAN B                                                                       | CUSIP: 24343EAB1<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    590755 | PA      | $586323.88    | 0.20%             | 2032-01-27      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd                                                           | SKYMILES IP LTD. 2020 SKYMILES TERM LOAN B                                                                        | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | US        |    107551 | PA      | $108081.96    | 0.04%             | 2027-10-20      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| Delta Topco Inc                                                           | DELTA TOPCO, INC 2024 2ND LIEN TERM LOAN                                                                          | CUSIP: 24780DAH0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1335000 | PA      | $1330407.60   | 0.44%             | 2030-11-29      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Delta Topco Inc                                                           | DELTA TOPCO INC 2025 TERM LOAN B                                                                                  | CUSIP: 24780DAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    920509 | PA      | $914884.91    | 0.30%             | 2029-12-03      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                  | Long: 249906285 TRS USD R E 110319851RET IBOXXTRS/ Short: 249906285 TRS USD P V 00MSOFR 110319851INT IBOXXTRS     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $3699.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                  | Long: 249906291 TRS USD R E 110319855RET IBOXXTRS/ Short: 249906291 TRS USD P V 00MSOFR 110319855INT IBOXXTRS     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $4668.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Directv Financing LLC                                                     | DIRECTV FINANCING LLC 2024 TERM LOAN                                                                              | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    438324 | PA      | $430929.65    | 0.14%             | 2029-08-02      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| Engineered Machinery Holdings Inc                                         | ENGINEERED MACHINERY HLGS INC 2021 USD 2ND LI INCR TL                                                             | CUSIP: 26658NAN9<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |    497745 | PA      | $497745.26    | 0.17%             | 2029-05-21      | Floating      | 11.06%                | No            |                  3 | On Loan: No      |
| Engineered Machinery Holdings Inc                                         | ENGNRED MCHNRY HLDNGS INC 2021 USD INCREMENTAL TL                                                                 | CUSIP: 26658NAP4<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   1813687 | PA      | $1822102.26   | 0.61%             | 2028-05-19      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| Engineered Machinery Holdings Inc                                         | ENGINEERED MACHINERY HOLD INC 2021 USD 2ND LIEN TL                                                                | CUSIP: 26658NAQ2<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |   1309069 | PA      | $1309069.02   | 0.44%             | 2029-05-21      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| Dye & Durham Ltd                                                          | DYE + DURHAM LIMITED SR SECURED 144A 04/29 8.625                                                                  | CUSIP: 267486AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    325000 | PA      | $336375.00    | 0.11%             | 2029-04-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | DYNASTY ACQUISITION CO INC 2024 1ST LIEN TERM LOAN B1                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1007711 | PA      | $1006935.36   | 0.34%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                                                | DYNASTY ACQUISITION CO INC 2024 1ST LIEN TERM LOAN B2                                                             | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    383301 | PA      | $383006.07    | 0.13%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| ECI Macola/Max Holding LLC                                                | ECI MACOLA MAX HOLDING LLC 2024 TERM LOAN                                                                         | CUSIP: 26825UAM3<br>LEI: 549300MZ2LKM75L5EI42 | Long             | LON              | CORP              | US        |    534444 | PA      | $534828.30    | 0.18%             | 2030-05-09      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| EOC Borrower LLC                                                          | EOC BORROWER LLC TERM LOAN B                                                                                      | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2110000 | PA      | $2102741.60   | 0.70%             | 2032-03-24      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| EW Scripps Co/The                                                         | E W SCRIPPS COMPANY THE 2025 TERM LOAN B2                                                                         | CUSIP: 26928BAQ2<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |    620000 | PA      | $590289.60    | 0.20%             | 2028-06-30      | Floating      | 10.20%                | No            |                  2 | On Loan: No      |
| EW Scripps Co/The                                                         | EW SCRIPPS COMPANY THE 2025 TERM LOAN B3                                                                          | CUSIP: 26928BAR0<br>LEI: 549300U1OW41QPKYW028 | Long             | LON              | CORP              | US        |    340000 | PA      | $304228.60    | 0.10%             | 2029-11-30      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC/The                                  | EDELMAN FINANCIAL CENTER LLC 2024 2ND LIEN TERM LOAN                                                              | CUSIP: 27943TAC3<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   1786486 | PA      | $1778678.90   | 0.59%             | 2028-10-06      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC/The                                  | EDELMAN FINANCIAL CENTER LLC 2024 TERM LOAN                                                                       | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   1505543 | PA      | $1503494.97   | 0.50%             | 2028-04-07      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Edgewater Generation LLC                                                  | EDGEWATER GENERATION LLC 2025 REPRICED TERM LOAN                                                                  | CUSIP: 28031FAM2<br>LEI: 5493004PLDT1L28SWG83 | Long             | LON              | CORP              | US        |   1083221 | PA      | $1087175.24   | 0.36%             | 2030-08-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| eG Global Finance PLC                                                     | EG GLOBAL FINANCE PLC SR SECURED 144A 11/28 12                                                                    | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    660000 | PA      | $729643.86    | 0.24%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Ellucian Holdings Inc                                                     | ELLUCIAN HOLDINGS, INC. 2024 1ST LIEN TERM LOAN B                                                                 | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   2336381 | PA      | $2338039.90   | 0.78%             | 2029-10-09      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings Inc                                                     | ELLUCIAN HOLDINGS, INC. 2024 2ND LIEN TERM LOAN                                                                   | CUSIP: 28917XAE0<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   1988059 | PA      | $2010425.00   | 0.67%             | 2032-11-22      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corp                                                      | EPICOR SOFTWARE CORPORATION 2024 TERM LOAN E                                                                      | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   4616290 | PA      | $4624461.14   | 1.54%             | 2031-05-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| EPIC Crude Services LP                                                    | EPIC CRUDE SERVICES LP 2024 TERM LOAN B                                                                           | CUSIP: 29428XAG5<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |   1057350 | PA      | $1059665.60   | 0.35%             | 2031-10-15      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| Constellation Renewables LLC                                              | CONSTELLATION RENEWABLES, LLC 2020 TERM LOAN                                                                      | CUSIP: 30204KAD8<br>LEI: 5493004JBPWTPTK8LB51 | Long             | LON              | CORP              | US        |   1063428 | PA      | $1061928.13   | 0.35%             | 2027-12-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp                                                     | FILTRATION GROUP CORPORATION 2025 TERM LOAN B                                                                     | CUSIP: 31732FAV8<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   3240178 | PA      | $3248732.47   | 1.08%             | 2028-10-21      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Tegra118 Wealth Solutions Inc                                             | FISERV INVESTMENT SOLUTIONS 2020 TERM LOAN B                                                                      | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    172888 | PA      | $169573.55    | 0.06%             | 2027-02-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Fleet US Bidco Inc                                                        | FLEET MIDCO I LIMITED 2024 1ST LIEN TERM LOAN B                                                                   | CUSIP: 33902UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    239064 | PA      | $239064.33    | 0.08%             | 2031-02-21      | Floating      | 7.06%                 | No            |                  3 | On Loan: No      |
| Focus Financial Partners LLC                                              | FOCUS FINANCIAL PARTNERS LLC 2025 FUNGIBLE TERM LOAN B8                                                           | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |   3778067 | PA      | $3755058.41   | 1.25%             | 2031-09-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                  | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/26 VAR                                                                   | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    410000 | PA      | $409670.77    | 0.14%             | 2026-03-06      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3 Inc                                               | FORTRESS INTERMEDIATE 3 INC TERM LOAN B                                                                           | CUSIP: 34966LAB0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |    925700 | PA      | $925699.56    | 0.31%             | 2031-06-27      | Floating      | 7.83%                 | No            |                  3 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                  | Long: 349954068 TRS USD R E GB00B4Q2XT74 RET IBOXXTRS/ Short: 349954068 TRS USD P V 00MSOFR 111978249INT IBOXXTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $1999.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                  | Long: 349954291 TRS USD R E GB00B4Q2XT74 RET IBOXXTRS/ Short: 349954291 TRS USD P V 00MSOFR 111978253INT IBOXXTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $4872.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                                      | FRONTIER COMMUNICATIONS CORP 2025 TERM LOAN B                                                                     | CUSIP: 35906EAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1457500 | PA      | $1455678.13   | 0.48%             | 2031-07-01      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                                                       | FRONTIER ISSUER LLC FYBR 2024 1 C 144A                                                                            | CUSIP: 35910EAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25075 | PA      | $27863.52     | 0.01%             | 2054-06-20      | Fixed         | 11.16%                | No            |                  2 | On Loan: No      |
| Boost Newco Borrower LLC                                                  | BOOST NEWCO BORROWER LLC SR SECURED 144A 01/31 7.5                                                                | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    400000 | PA      | $422500.00    | 0.14%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GTCR Everest Borrower LLC                                                 | ASSETMARK FINANCIAL HOLDGS INC 2024 TERM LOAN                                                                     | CUSIP: 36269YAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    887525 | PA      | $886167.09    | 0.30%             | 2031-09-05      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| HireRight Holdings Corp                                                   | GENUINE FINANCIAL HLDGS LLC 2025 TERM LOAN B                                                                      | CUSIP: 37190DAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    543981 | PA      | $530267.72    | 0.18%             | 2030-09-27      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Getty Images Inc                                                          | GETTY IMAGES INC SR SECURED 144A 02/30 11.25                                                                      | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    420000 | PA      | $413700.00    | 0.14%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Go Daddy Operating Co LLC                                                 | GO DADDY OPERATING CO LLC 2024 TERM LOAN B8                                                                       | CUSIP: 38017BAX4<br>LEI: 5493005GJOH8HLL11157 | Long             | LON              | CORP              | US        |      4975 | PA      | $4972.56      | 0.00%             | 2029-11-09      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Goodnight Water Solutions Holdings LLC                                    | GOODNIGHT WATER SOLUTIONS LLC 2024 TERM LOAN B                                                                    | CUSIP: 38238YAC3<br>LEI: 254900CZJ6KUEVU9QV27 | Long             | LON              | CORP              | US        |    365275 | PA      | $355229.94    | 0.12%             | 2029-06-04      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc                                                            | GRAY TELEVISION INC 2024 TERM LOAN B                                                                              | CUSIP: 389376BC7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    589259 | PA      | $586536.41    | 0.20%             | 2029-06-04      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| HRNI Holdings LLC                                                         | SPECTACLE GARY HOLDINGS LLC 2021 TERM LOAN B                                                                      | CUSIP: 40443NAC4<br>LEI: 549300V1ELIRK8JURN28 | Long             | LON              | CORP              | US        |    931350 | PA      | $905737.54    | 0.30%             | 2028-12-11      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HANGER INC 2024 TERM LOAN B                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    194905 | PA      | $194222.78    | 0.06%             | 2031-10-23      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HANGER INC 2024 DELAYED DRAW TERM LOAN                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25095 | PA      | $25007.22     | 0.01%             | 2031-10-23      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                                      | HEARTLAND DENTAL LLC 2024 TERM LOAN                                                                               | CUSIP: 42236WAW7<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |   1001219 | PA      | $999757.07    | 0.33%             | 2028-04-28      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                                     | HIGHTOWER HOLDINGS LLC 2025 TERM LOAN B                                                                           | CUSIP: 43117LAN3<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |   2292237 | PA      | $2286506.53   | 0.76%             | 2032-02-03      | Floating      | 7.26%                 | No            |                  3 | On Loan: No      |
| Hightower Holding LLC                                                     | HIGHTOWER HOLDING LLC SR UNSECURED 144A 01/30 9.125                                                               | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |    530000 | PA      | $554512.50    | 0.18%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I LP                                                       | HILCORP ENERGY I LP TERM LOAN B                                                                                   | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |    300000 | PA      | $299124.00    | 0.10%             | 2030-02-11      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| HomeServe USA Holding Corp                                                | HOMESERVE USA HOLDING CORP 2024 TERM LOAN B                                                                       | CUSIP: 43761EAD0<br>LEI: 254900UCR2BMZVFOR729 | Long             | LON              | CORP              | US        |    326884 | PA      | $325864.01    | 0.11%             | 2030-10-21      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                     | HUB INTERNATIONAL LIMITED 2025 TERM LOAN B                                                                        | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   5563642 | PA      | $5561583.61   | 1.85%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                     | HUB INTERNATIONAL LTD SR SECURED 144A 06/30 7.25                                                                  | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    495000 | PA      | $512943.75    | 0.17%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                     | HUB INTERNATIONAL LTD SR UNSECURED 144A 01/32 7.375                                                               | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    400000 | PA      | $417500.00    | 0.14%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                                                          | IRB HOLDING CORP 2024 1ST LIEN TERM LOAN B                                                                        | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   1457545 | PA      | $1455431.52   | 0.48%             | 2027-12-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| IVI America LLC                                                           | INCEPTION HOLDCO SARL 2025 USD TERM LOAN B                                                                        | CUSIP: 45073SAB1<br>LEI: 549300V0LY56J9HGCK92 | Long             | LON              | CORP              | LU        |    444076 | PA      | $445741.37    | 0.15%             | 2031-04-18      | Floating      | 8.05%                 | No            |                  3 | On Loan: No      |
| Icon Parent Inc                                                           | INSTRUCTURE HOLDINGS INC 2024 2ND LIEN TERM LOAN                                                                  | CUSIP: 45115MAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    700000 | PA      | $700000.00    | 0.23%             | 2032-11-12      | Floating      | 9.21%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                              | MH SUB I LLC 2023 TERM LOAN                                                                                       | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1067426 | PA      | $1023896.17   | 0.34%             | 2028-05-03      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                              | MH SUB I LLC 2024 TERM LOAN B4                                                                                    | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    891573 | PA      | $810662.73    | 0.27%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Insulet Corp                                                              | INSULET CORPORATION 2024 1ST LIEN TERM LOAN B                                                                     | CUSIP: 45784QAE9<br>LEI: 549300TZTYD2PYN92D43 | Long             | LON              | CORP              | US        |    559289 | PA      | $560989.51    | 0.19%             | 2031-08-04      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Iridium Satellite LLC                                                     | IRIDIUM SATELLITE LLC 2024 TERM LOAN B                                                                            | CUSIP: 46269KAT1<br>LEI: 254900615BJ7139TFM33 | Long             | LON              | CORP              | US        |    442327 | PA      | $440805.87    | 0.15%             | 2030-09-20      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                                     | JANE STREET GROUP LLC 2024 TERM LOAN B1                                                                           | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |   2316409 | PA      | $2309691.06   | 0.77%             | 2031-12-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | JAVELIN BUYER INC 2024 1ST LIEN TERM LOAN                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    560000 | PA      | $561052.80    | 0.19%             | 2031-12-05      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | JAVELIN BUYER INC 2024 2ND LIEN TERM LOAN                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    690000 | PA      | $674909.70    | 0.22%             | 2032-10-07      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management Inc                                | JONES DESLAURIERS INSURA SR UNSECURED 144A 12/30 10.5                                                             | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    530000 | PA      | $567100.00    | 0.19%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management Inc                                | JONES DESLAURIERS INSURA SR SECURED 144A 03/30 8.5                                                                | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    800000 | PA      | $838000.00    | 0.28%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Apple Bidco LLC                                                           | KKR APPLE BIDCO LLC 2025 TERM LOAN                                                                                | CUSIP: 48254EAG6<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |    674544 | PA      | $669937.24    | 0.22%             | 2031-09-23      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| KREF Holdings X LLC                                                       | KREF HOLDINGS X LLC 2025 TERM LOAN B                                                                              | CUSIP: 48266YAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    425000 | PA      | $425267.75    | 0.14%             | 2032-03-05      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Kaseya Inc                                                                | KASEYA INC 2025 1L TERM LOAN B                                                                                    | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |   1755000 | PA      | $1753753.95   | 0.58%             | 2032-03-20      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | KASEYA INC 2025 2ND LIEN TERM LOAN B                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1965827 | PA      | $1959064.31   | 0.65%             | 2033-03-20      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| LTI Holdings Inc                                                          | LTI HOLDINGS INC 2024 TERM LOAN B                                                                                 | CUSIP: 50217UBF3<br>LEI: 5493003GUY3WBOTOAP97 | Long             | LON              | CORP              | US        |   3551518 | PA      | $3526373.36   | 1.17%             | 2029-07-30      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Life Time Inc                                                             | LIFE TIME FITNESS INC 2024 TERM LOAN B                                                                            | CUSIP: 50218KAM0<br>LEI: 549300PALKE96VYH4X17 | Long             | LON              | CORP              | US        |    753112 | PA      | $752012.96    | 0.25%             | 2031-11-05      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Victra Holdings LLC                                                       | LSF9 ATLANTIS HOLDINGS LLC 2025 REPRICED TERM LOAN B                                                              | CUSIP: 50226BAM0<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | LON              | CORP              | US        |    771479 | PA      | $769550.21    | 0.26%             | 2029-03-31      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                     | LEVEL 3 FINANCING INC SR SECURED 144A 11/29 11                                                                    | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    647029 | PA      | $733569.13    | 0.24%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                     | LEVEL 3 FINANCING INC SR SECURED 144A 12/30 10.75                                                                 | CUSIP: 527298BZ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    445000 | PA      | $501737.50    | 0.17%             | 2030-12-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                     | LEVEL 3 FINANCING INC SECURED 144A 06/29 4.875                                                                    | CUSIP: 527298CB7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    330000 | PA      | $299475.00    | 0.10%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                     | LEVEL 3 FINANCING INC SECURED 144A 10/32 10                                                                       | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    630000 | PA      | $636300.00    | 0.21%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                     | LEVEL 3 FINANCING INC 2025 TERM LOAN B                                                                            | CUSIP: 52729KAT3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |   2330000 | PA      | $2341650.00   | 0.78%             | 2032-03-20      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                      | LIFEPOINT HEALTH INC SR SECURED 144A 08/30 9.875                                                                  | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    370000 | PA      | $395900.00    | 0.13%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                      | LIFEPOINT HEALTH INC SR SECURED 144A 10/30 11                                                                     | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1318500.00   | 0.44%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                                                    | LUMEN TECHNOLOGIES, INC. 2024 TERM LOAN A                                                                         | CUSIP: 55024EAD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    577508 | PA      | $589537.51    | 0.20%             | 2028-06-01      | Floating      | 10.33%                | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                                                    | LUMEN TECHNOLOGIES INC 2024 EXTENDED TERM LOAN B1                                                                 | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    572484 | PA      | $566363.74    | 0.19%             | 2029-04-16      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| M6 ETX Holdings II Midco LLC                                              | M6 ETX HOLDINGS II MIDCO LLC 2025 TERM LOAN B                                                                     | CUSIP: 55285DAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    729000 | PA      | $730596.51    | 0.24%             | 2032-04-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                              | MH SUB I LLC 2021 2ND LIEN TERM LOAN                                                                              | CUSIP: 55303BAD5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    950000 | PA      | $856586.50    | 0.29%             | 2029-02-23      | Floating      | 10.58%                | No            |                  2 | On Loan: No      |
| MITER Brands Acquisition Holdco Inc                                       | MI WINDOWS AND DOORS LLC 2024 TERM LOAN B2                                                                        | CUSIP: 55336CAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    271297 | PA      | $270491.17    | 0.09%             | 2031-03-28      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                           | MADISON IAQ LLC TERM LOAN                                                                                         | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    867893 | PA      | $866721.21    | 0.29%             | 2028-06-21      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                           | MADISON IAQ LLC 2025 TERM LOAN B                                                                                  | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    295000 | PA      | $294958.70    | 0.10%             | 2032-05-06      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Madison Safety & Flow LLC                                                 | MADISON SAFETY + FLOW LLC 2025 TERM LOAN B                                                                        | CUSIP: 55822DAM3<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |    347601 | PA      | $347820.12    | 0.12%             | 2031-09-26      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Topco Corp                                    | MAVIS TIRE EXPRESS SERV CORP 2025 REPRICED TERM LOAN                                                              | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    700966 | PA      | $694614.92    | 0.23%             | 2028-05-04      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| McAfee Corp                                                               | MCAFEE LLC 2024 USD 1ST LIEN TERM LOAN B                                                                          | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   2513385 | PA      | $2414106.02   | 0.80%             | 2029-03-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| MED ParentCo LP                                                           | MED PARENTCO LP 2024 1ST LIEN TERM LOAN B                                                                         | CUSIP: 58401DAM6<br>LEI: 549300660CLPRNK19Z91 | Long             | LON              | CORP              | US        |    131679 | PA      | $131956.64    | 0.04%             | 2031-04-15      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                       | MEDLINE BORROWER LP 2024 USD ADD ON TERM LOAN B                                                                   | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   4569566 | PA      | $4564265.08   | 1.52%             | 2028-10-23      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco Inc                                                         | MERMAID BIDCO INC 2024 USD TERM LOAN B                                                                            | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |    759370 | PA      | $759848.32    | 0.25%             | 2031-07-03      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd | MILEAGE PLUS HLDINGS LLC SR SECURED 144A 06/27 6.5                                                                | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    302984 | PA      | $303741.11    | 0.10%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NCL Corp Ltd                                                              | NCL CORPORATION LTD SR SECURED 144A 01/29 8.125                                                                   | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    109000 | PA      | $114586.25    | 0.04%             | 2029-01-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                                  | NGL ENERGY PARTNERS LP 2024 TERM LOAN B                                                                           | CUSIP: 62922KAF7<br>LEI: 5493008CQD36WWZJ3O79 | Long             | LON              | CORP              | US        |   1499290 | PA      | $1446275.02   | 0.48%             | 2031-02-03      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC / NGL Energy Finance Corp                        | NGL ENRGY OP/FIN CORP SR SECURED 144A 02/29 8.125                                                                 | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $87975.00     | 0.03%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                            | NRG ENERGY INC JR SUBORDINA 144A 12/99 VAR                                                                        | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    385000 | PA      | $422537.50    | 0.14%             | 2173-09-15      | Variable      | 10.25%                | No            |                  2 | On Loan: No      |
| Navient Corp                                                              | NAVIENT CORP SR UNSECURED 07/30 9.375                                                                             | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    640000 | PA      | $689600.00    | 0.23%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies Inc                                                  | WAYSTAR TECHNOLOGIES INC 2024 1ST LIEN TERM LOAN B                                                                | CUSIP: 63939WAM5<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    862381 | PA      | $862381.17    | 0.29%             | 2029-10-22      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco US Inc                                                      | NEPTUNE BIDCO US INC SR SECURED 144A 04/29 9.29                                                                   | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    470000 | PA      | $444737.50    | 0.15%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco US Inc                                                      | NEPTUNE BIDCO US INC 2022 USD TERM LOAN B                                                                         | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |   2078374 | PA      | $1940037.17   | 0.65%             | 2029-04-11      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                          | CSC HOLDINGS, LLC 2019 TERM LOAN B5                                                                               | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |   1394683 | PA      | $1366789.73   | 0.46%             | 2027-04-15      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                          | CSC HOLDINGS, LLC 2022 TERM LOAN B6                                                                               | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    700465 | PA      | $690833.46    | 0.23%             | 2028-01-18      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance LP                                           | NORTHRIVER MIDSTREAM FINANCE L 2023 USD TERM LOAN B                                                               | CUSIP: 66679PAB1<br>LEI: 549300SOLNLY3BL6GF18 | Long             | LON              | CORP              | CA        |    747027 | PA      | $747131.36    | 0.25%             | 2030-08-16      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| 1440 Foods Topco LLC                                                      | 1440 FOOD TOPCO LLC TERM LOAN B                                                                                   | CUSIP: 68239HAB8<br>LEI: 25490024DAA5SE6DQ846 | Long             | LON              | CORP              | US        |    320000 | PA      | $304601.60    | 0.10%             | 2031-10-31      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| 19th Holdings Golf LLC                                                    | 19TH HOLDINGS GOLF LLC 2022 TERM LOAN B                                                                           | CUSIP: 68250XAB7<br>LEI: 549300INS30LLUJP0S18 | Long             | LON              | CORP              | US        |    273698 | PA      | $265144.94    | 0.09%             | 2029-02-07      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                                   | ONEDIGITAL BORROWER LLC 2024 2ND LIEN TERM LOAN                                                                   | CUSIP: 68252HAB0<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |   1465000 | PA      | $1444856.25   | 0.48%             | 2032-07-02      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                                   | ONEDIGITAL BORROWER LLC 2025 REPRICED TERM LOAN                                                                   | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |   1645895 | PA      | $1641270.07   | 0.55%             | 2031-07-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd                                                            | 1261229 BC LTD SR SECURED 144A 04/32 10                                                                           | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    290000 | PA      | $287100.00    | 0.10%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Orion US Finco                                                            | ORION US FINCO INC. 1ST LIEN TERM LOAN                                                                            | CUSIP: 68631KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | BM        |    690000 | PA      | $690213.90    | 0.23%             | 2032-05-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Orion US Finco                                                            | ORION US FINCO INC. 2ND LIEN TERM LOAN                                                                            | CUSIP: 68631KAE9<br>LEI: N/A                  | Long             | LON              | CORP              | BM        |    215000 | PA      | $214462.50    | 0.07%             | 2033-05-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Vibrantz Technologies Inc                                                 | PMHC II INC 2022 TERM LOAN B                                                                                      | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    817129 | PA      | $717545.08    | 0.24%             | 2029-04-23      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Vibrantz Technologies Inc                                                 | VIBRANTZ TECH INC SR UNSECURED 144A 02/30 9                                                                       | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |    170000 | PA      | $119000.00    | 0.04%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PEX Holdings LLC                                                          | GEN II FUND SERVICES LLC 2024 TERM LOAN B                                                                         | CUSIP: 69381MAB1<br>LEI: 2138006XMWHEBFQ55Z05 | Long             | LON              | CORP              | US        |    325000 | PA      | $323375.00    | 0.11%             | 2031-11-26      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Peloton Interactive Inc                                                   | PELOTON INTERACTIVE INC 2024 TERM LOAN B                                                                          | CUSIP: 70614EAG5<br>LEI: 5493002YS021166W0339 | Long             | LON              | CORP              | US        |    254284 | PA      | $257887.12    | 0.09%             | 2029-05-30      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| Phoenix Newco Inc                                                         | PAREXEL INTERNATIONAL CORP 2025 TERM LOAN B                                                                       | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |    266417 | PA      | $266355.93    | 0.09%             | 2028-11-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Pike Corp                                                                 | PIKE CORPORATION 2021 INCREMENTAL TERM LOAN B                                                                     | CUSIP: 72108PAR5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | LON              | CORP              | US        |    425000 | PA      | $426700.00    | 0.14%             | 2028-01-21      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp                                                     | PLAYTIKA HOLDING CORP. 2021 TERM LOAN                                                                             | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |    192369 | PA      | $189789.81    | 0.06%             | 2028-03-13      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                                         | POLARIS NEWCO, LLC USD TERM LOAN B                                                                                | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    905954 | PA      | $876718.54    | 0.29%             | 2028-06-02      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                                         | POLARIS NEWCO LLC EUR TERM LOAN B                                                                                 | CUSIP: 73108RAC2<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    676995 | PA      | $737946.36    | 0.25%             | 2028-06-05      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Prairie Acquiror LP                                                       | PRAIRIE ECI ACQUIROR LP 2024 TERM LOAN B                                                                          | CUSIP: 73955HAE4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | LON              | CORP              | US        |   1224783 | PA      | $1228617.06   | 0.41%             | 2029-08-01      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Pro Mach Group Inc                                                        | PRO MACH GROUP INC 2025 TERM LOAN B                                                                               | CUSIP: 74273JAK9<br>LEI: 5493008SZGSVUCSNB151 | Long             | LON              | CORP              | US        |   1447967 | PA      | $1448372.46   | 0.48%             | 2028-08-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Proampac PG Borrower LLC                                                  | PROAMPAC PG BORROWER LLC 2024 TERM LOAN                                                                           | CUSIP: 74274NAL7<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |   1027426 | PA      | $1025371.34   | 0.34%             | 2028-09-15      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding Inc                                    | PROJECT ALPHA INTMDT HLDNG INC 2024 1ST LIEN TERM LOAN B                                                          | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    596609 | PA      | $598100.07    | 0.20%             | 2030-10-26      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                                               | IQN HOLDING CORP. 2024 TERM LOAN                                                                                  | CUSIP: 74339NAG1<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |    834916 | PA      | $833396.20    | 0.28%             | 2031-07-02      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                                               | IQN HOLDING CORP. 2024 2ND LIEN TERM LOAN                                                                         | CUSIP: 74339NAK2<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |    455000 | PA      | $452533.90    | 0.15%             | 2032-07-16      | Floating      | 9.55%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                              | CLOUDERA, INC. 2021 TERM LOAN                                                                                     | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    967314 | PA      | $957234.58    | 0.32%             | 2028-10-08      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                              | CLOUDERA, INC. 2021 2ND LIEN TERM LOAN                                                                            | CUSIP: 74339VAE8<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    365000 | PA      | $342643.75    | 0.11%             | 2029-10-08      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| Proofpoint Inc                                                            | PROOFPOINT INC 2024 TERM LOAN                                                                                     | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   1463524 | PA      | $1462104.54   | 0.49%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| StubHub Holdco Sub LLC                                                    | PUG LLC 2024 EXTENDED TERM LOAN B                                                                                 | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |    325974 | PA      | $317417.41    | 0.11%             | 2030-03-15      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                     | QUIKRETE HOLDINGS INC 2025 TERM LOAN B                                                                            | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   2106379 | PA      | $2095847.41   | 0.70%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| RFS OPCO LLC                                                              | RFS OPCO LLC TERM LOAN                                                                                            | CUSIP: 74970UAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    164175 | PA      | $162533.25    | 0.05%             | 2031-04-04      | Floating      | 9.05%                 | No            |                  3 | On Loan: No      |
| Radiate Holdco LLC                                                        | RADIATE HOLDCO LLC 2021 TERM LOAN B                                                                               | CUSIP: 75025KAH1<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |    691886 | PA      | $607046.73    | 0.20%             | 2026-09-25      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc                                                    | RADIOLOGY PARTNERS INC SR SECURED 144A 01/29 7.775                                                                | CUSIP: 75041VAB0<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    460000 | PA      | $461150.00    | 0.15%             | 2029-01-31      | Variable      | 7.78%                 | No            |                  2 | On Loan: No      |
| RealPage Inc                                                              | REALPAGE, INC. 1ST LIEN TERM LOAN                                                                                 | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    262809 | PA      | $260569.44    | 0.09%             | 2028-04-24      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| RealPage Inc                                                              | REALPAGE INC 2024 INCREMENTAL TERM LOAN                                                                           | CUSIP: 75605VAH5<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    570000 | PA      | $569464.20    | 0.19%             | 2028-04-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                      | LIFEPOINT HEALTH INC 2024 1ST LIEN TERM LOAN B                                                                    | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1238231 | PA      | $1220821.51   | 0.41%             | 2031-05-14      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                      | LIFEPOINT HEALTH INC 2024 INCREMENTAL TERM LOAN B1                                                                | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    609906 | PA      | $599233.01    | 0.20%             | 2031-05-17      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Renaissance Holdings Corp                                                 | RENAISSANCE HOLDING CORP 2024 1ST LIEN TERM LOAN                                                                  | CUSIP: 75972JAK0<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |    269868 | PA      | $248361.87    | 0.08%             | 2030-04-05      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC                      | RIVIAN HLD/AUTO LLC SR SECURED 144A 10/26 VAR                                                                     | CUSIP: 76954LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1634000 | PA      | $1642170.00   | 0.55%             | 2026-10-15      | Floating      | 10.15%                | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                        | RYAN SPECIALTY GROUP LLC 2024 USD TERM LOAN B                                                                     | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |    229425 | PA      | $228564.66    | 0.08%             | 2031-09-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                        | RYAN SPECIALTY GROUP SR SECURED 144A 02/30 4.375                                                                  | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    160000 | PA      | $151600.00    | 0.05%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                                                     | SS+C TECHNOLOGIES INC 2024 TERM LOAN B8                                                                           | CUSIP: 78466DBJ2<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |    148931 | PA      | $149415.01    | 0.05%             | 2031-05-09      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment Inc                                        | SEAWORLD PARKS + ENTRTNMNT INC 2024 TERM LOAN B3                                                                  | CUSIP: 78488CAL4<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |    413307 | PA      | $410723.44    | 0.14%             | 2031-12-04      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                            | SABRE GLBL INC. 2022 1ST LIEN TERM LOAN B                                                                         | CUSIP: 78571YBJ8<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    240000 | PA      | $234960.00    | 0.08%             | 2028-06-30      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                            | SABRE GLBL INC 2024 TERM LOAN B1                                                                                  | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    867825 | PA      | $857697.48    | 0.29%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                            | SABRE GLBL INC SR SECURED 144A 11/29 10.75                                                                        | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    511000 | PA      | $521220.00    | 0.17%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                            | SABRE GLBL INC SR SECURED 144A 07/30 11.125                                                                       | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    410000 | PA      | $420762.50    | 0.14%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| Sabre Financial Borrower LLC                                              | SABRE FINANCIAL BORROWER LLC PIK TERM LOAN                                                                        | CUSIP: 78573TAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    331719 | PA      | $351124.29    | 0.12%             | 2028-12-15      | Floating      | 13.00%                | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc                                          | LIGHT + WONDR INTRNATIONAL INC 2024 TERM LOAN B2                                                                  | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |    516841 | PA      | $515031.93    | 0.17%             | 2029-04-16      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                                              | SCIENTIFIC GAMES HOLDINGS LP 2024 USD TERM LOAN B                                                                 | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |    372585 | PA      | $370304.72    | 0.12%             | 2029-04-04      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc                                   | SEDGWICK CLAIMS MGMT SRVCS INC 2023 TERM LOAN B                                                                   | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |   3643346 | PA      | $3645859.44   | 1.21%             | 2031-07-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                  | SERVICE PROPERTIES TRUST SR SECURED 144A 11/31 8.625                                                              | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106500.00    | 0.04%             | 2031-11-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| TTF Lower Intermediate LLC                                                | TTF HOLDINGS LLC 2024 TERM LOAN                                                                                   | CUSIP: 83421EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    239338 | PA      | $235898.22    | 0.08%             | 2031-07-18      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| Staples Inc                                                               | STAPLES INC 2024 TERM LOAN B                                                                                      | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |    263809 | PA      | $235497.18    | 0.08%             | 2029-09-04      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| Starlight Parent LLC                                                      | SOLARWINDS HOLDINGS INC 2025 TERM LOAN                                                                            | CUSIP: 85554UAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    950000 | PA      | $935161.00    | 0.31%             | 2032-04-16      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc                                               | SURGERY CENTER HOLDINGS INC 2024 TERM LOAN B                                                                      | CUSIP: 86880NBB8<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |   2214059 | PA      | $2216604.68   | 0.74%             | 2030-12-19      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Star Parent Inc                                                           | STAR PARENT INC TERM LOAN B                                                                                       | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |    268949 | PA      | $264108.39    | 0.09%             | 2030-09-27      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                   | TALEN ENERGY SUPPLY, LLC 2023 TERM LOAN B                                                                         | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   1046529 | PA      | $1047020.80   | 0.35%             | 2030-05-17      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                   | TALEN ENERGY SUPPLY LLC 2024 INCREMENTAL TERM LOAN B                                                              | CUSIP: 87422LAY6<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   1655407 | PA      | $1655142.43   | 0.55%             | 2031-12-11      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                   | TALEN ENERGY SUPPLY LLC SR SECURED 144A 06/30 8.625                                                               | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    650000 | PA      | $692250.00    | 0.23%             | 2030-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                                             | TERRAFORM POWER OPERATING, LLC 2023 TERM LOAN B                                                                   | CUSIP: 88103NAL4<br>LEI: 5493000S2OLR3UT5BE13 | Long             | LON              | CORP              | US        |    591660 | PA      | $582785.20    | 0.19%             | 2029-05-21      | Floating      | 6.30%                 | No            |                  3 | On Loan: No      |
| CMG Media Corp                                                            | CMG MEDIA CORPORATION 2024 TERM LOAN                                                                              | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1961893 | PA      | $1858893.47   | 0.62%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                  | CLOUD SOFTWARE GROUP INC 2024 USD TERM LOAN                                                                       | CUSIP: 88632NBE9<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1186983 | PA      | $1183458.05   | 0.39%             | 2031-03-24      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                  | CLOUD SOFTWARE GROUP INC 2024 1ST LIEN TERM LOAN B                                                                | CUSIP: 88632NBF6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   2700983 | PA      | $2692555.94   | 0.90%             | 2029-03-30      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Townsquare Media Inc                                                      | TOWNSQUARE MEDIA INC 2025 TERM LOAN                                                                               | CUSIP: 89223EAG8<br>LEI: 549300XBA8C68H0DR538 | Long             | LON              | CORP              | US        |    410000 | PA      | $371050.00    | 0.12%             | 2030-02-06      | Floating      | 9.32%                 | No            |                  3 | On Loan: No      |
| TransDigm Inc                                                             | TRANSDIGM INC SR SECURED 144A 08/28 6.75                                                                          | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    340000 | PA      | $345525.00    | 0.12%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                             | TRANSDIGM, INC. 2023 TERM LOAN J                                                                                  | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1783184 | PA      | $1782595.65   | 0.59%             | 2031-02-28      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                             | TRANSDIGM INC 2024 TERM LOAN K                                                                                    | CUSIP: 89364MCB8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    559255 | PA      | $560535.71    | 0.19%             | 2030-03-22      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                             | TRANSDIGM INC 2024 TERM LOAN I                                                                                    | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    380050 | PA      | $381030.97    | 0.13%             | 2028-08-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                             | TRANSDIGM INC 2024 TERM LOAN                                                                                      | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     44887 | PA      | $44857.15     | 0.01%             | 2032-01-19      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corp                                                         | TRITON WATER HOLDINGS INC 2025 TERM LOAN B                                                                        | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    708606 | PA      | $708428.86    | 0.24%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| TIH Insurance Holdings LLC                                                | TRUIST INSURANCE HOLDINGS LLC 2ND LIEN TERM LOAN                                                                  | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4108182 | PA      | $4108182.39   | 1.37%             | 2032-05-06      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| TIH Insurance Holdings LLC                                                | TRUIST INSURANCE HOLDINGS LLC 2024 TERM LOAN B                                                                    | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1204931 | PA      | $1201412.82   | 0.40%             | 2031-05-06      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                   | UKG, INC, 2024 TERM LOAN B                                                                                        | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   5023190 | PA      | $5031226.65   | 1.68%             | 2031-02-10      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| X Corp                                                                    | TWITTER INC TERM LOAN                                                                                             | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1660753 | PA      | $1643912.52   | 0.55%             | 2029-10-26      | Floating      | 10.95%                | No            |                  2 | On Loan: No      |
| X Corp                                                                    | TWITTER INC 2025 FIXED TERM LOAN                                                                                  | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1630000 | PA      | $1621589.20   | 0.54%             | 2029-10-26      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| UFC Holdings LLC                                                          | UFC HOLDINGS LLC 2024 TERM LOAN B                                                                                 | CUSIP: 90266UAK9<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |   3330045 | PA      | $3337104.87   | 1.11%             | 2031-11-21      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                   | UKG INC SR SECURED 144A 02/31 6.875                                                                               | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |    320000 | PA      | $329600.00    | 0.11%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| US Renal Care Inc                                                         | U S RENAL CARE INC 2023 SUPERPRIORITY TERM LOAN                                                                   | CUSIP: 90290PAS3<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |    319911 | PA      | $301173.97    | 0.10%             | 2028-06-20      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                | USI INC/NY SR UNSECURED 144A 01/32 7.5                                                                            | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |    457000 | PA      | $479278.75    | 0.16%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                | USI INC 2024 TERM LOAN C                                                                                          | CUSIP: 90351NAQ8<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |      9950 | PA      | $9899.06      | 0.00%             | 2030-09-29      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                | USI INC 2024 TERM LOAN D                                                                                          | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |    298356 | PA      | $297284.50    | 0.10%             | 2029-11-21      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| United Talent Agency LLC                                                  | UNITED TALENT AGENCY LLC 2024 TERM LOAN B                                                                         | CUSIP: 91301QAM9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69250 | PA      | $69249.74     | 0.02%             | 2028-07-07      | Floating      | 8.08%                 | No            |                  3 | On Loan: No      |
| Univision Communications Inc                                              | UNIVISION COMMUNICATIONS SR SECURED 144A 06/30 7.375                                                              | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135393.75    | 0.05%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc                                              | UNIVISION COMMUNICATIONS INC 2022 FIRST LIEN TERM LOAN B                                                          | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    230164 | PA      | $227862.76    | 0.08%             | 2029-06-24      | Floating      | 8.55%                 | No            |                  3 | On Loan: No      |
| Univision Communications Inc                                              | UNIVISION COMMUNICATIONS INC. 2024 TERM LOAN B                                                                    | CUSIP: 914908BG2<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    465042 | PA      | $450313.79    | 0.15%             | 2029-01-31      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                        | VENTURE GLOBAL PLAQUE SR SECURED 144A 05/33 7.5                                                                   | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    245000 | PA      | $255412.50    | 0.09%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                                    | VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5                                                                  | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    235000 | PA      | $250862.50    | 0.08%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                                    | VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR                                                                | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    370000 | PA      | $347800.00    | 0.12%             | 2174-03-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                | VERIZON COMMUNICATIONS SR UNSECURED 03/26 VAR                                                                     | CUSIP: 92343VGE8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    185000 | PA      | $185144.49    | 0.06%             | 2026-03-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                               | VISTRA CORP JR SUBORDINA 144A VAR                                                                                 | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    196000 | PA      | $199675.00    | 0.07%             | 2174-04-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                               | VISTRA CORP JR SUBORDINA 144A 12/99 VAR                                                                           | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    795000 | PA      | $853631.25    | 0.28%             | 2173-07-15      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| Vizient Inc                                                               | VIZIENT INC 2024 TERM LOAN B                                                                                      | CUSIP: 92855LAR7<br>LEI: 5493007V6T3HZ7777P70 | Long             | LON              | CORP              | US        |    175666 | PA      | $175831.03    | 0.06%             | 2031-08-01      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower LLC                                                  | BOOST NEWCO BORROWER LLC 2025 USD TERM LOAN                                                                       | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |   1114688 | PA      | $1115389.75   | 0.37%             | 2031-01-31      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| WR Grace Holdings LLC                                                     | WR GRACE   CO 2021 TERM LOAN B                                                                                    | CUSIP: 92943HAB5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | LON              | CORP              | US        |    581092 | PA      | $578768.07    | 0.19%             | 2028-09-22      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3 Inc                                                          | WAND NEWCO 3 INC 2025 REPRICED TERM LOAN B                                                                        | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    809318 | PA      | $801135.32    | 0.27%             | 2031-01-30      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | CELESTIAL SATURN PARENT INC 2ND LIEN TERM LOAN                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    212593 | PA      | $205418.04    | 0.07%             | 2029-06-04      | Floating      | 10.94%                | No            |                  2 | On Loan: No      |
| WaterBridge NDB Operating LLC                                             | WATERBRIDGE MIDSTREAM OPR LLC 2024 TERM LOAN B                                                                    | CUSIP: 94120YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    440664 | PA      | $433917.34    | 0.14%             | 2029-05-10      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | WATLOW ELECTRIC MANUFCTRING CO TERM LOAN B                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    478738 | PA      | $478738.00    | 0.16%             | 2028-03-02      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | ALBEA BEAUTY HOLDINGS S A 2023 EUR TERM LOAN B2                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |    170000 | PA      | $193236.92    | 0.06%             | 2027-12-31      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | AH PARENT, INC. SERIES A TC3I9NQ04                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       360 | NS      | $360705.60    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Windsor Holdings III LLC                                                  | WINDSOR HOLDINGS III LLC 2025 USD TERM LOAN B                                                                     | CUSIP: 97360BAH8<br>LEI: 254900IXUJZ9H146T437 | Long             | LON              | CORP              | US        |    675744 | PA      | $672790.84    | 0.22%             | 2030-08-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings Inc                                                   | ZAYO GROUP HOLDINGS INC USD TERM LOAN                                                                             | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    850000 | PA      | $810033.00    | 0.27%             | 2027-03-09      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Innio North America Holding Inc                                           | INNIO GROUP HOLDING GMBH 2024 USD 1ST LIEN TERM LOAN B                                                            | CUSIP: 000000000<br>LEI: 549300R5GWIY8X0FZE07 | Long             | LON              | CORP              | AT        |     98471 | PA      | $98594.12     | 0.03%             | 2028-11-02      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| T. Rowe Price Government Reserve Fund                                     | T. Rowe Price Government Reserve Fund                                                                             | CUSIP: 000000000<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |  29321659 | NS      | $29321659.20  | 9.77%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | RADIOLOGY PARTNERS INC 2024 EXTENDED TERM LOAN B                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    712157 | PA      | $705434.40    | 0.23%             | 2029-01-31      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | SAM BIDCO SAS 2024 USD TERM LOAN B7                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |    185000 | PA      | $182687.50    | 0.06%             | 2027-12-13      | Floating      | 8.30%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | HAMILTON PROJECTS ACQUIROR LLC 2024 TERM LOAN B                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    812838 | PA      | $815683.43    | 0.27%             | 2031-05-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | CITCO FUNDING LLC 2024 TERM LOAN B                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    267897 | PA      | $268622.77    | 0.09%             | 2028-04-27      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | INSTRUCTURE HOLDINGS INC 2024 TERM LOAN                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1070000 | PA      | $1068576.90   | 0.36%             | 2031-09-11      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | BCPE PEQUOD BUYER INC USD TERM LOAN B                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1435000 | PA      | $1437870.00   | 0.48%             | 2031-09-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | JOHN BEAN TECHNOLOGIES CORP TERM LOAN B                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500750.00    | 0.17%             | 2031-10-09      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | QUALITYTECH LP TERM LOAN B                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    385000 | PA      | $382112.50    | 0.13%             | 2031-10-30      | Floating      | 7.83%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | PROJECT ALPHA INTERME HLDG INC 2025 2ND LIEN INC TL                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2285562 | PA      | $2251279.02   | 0.75%             | 2032-11-21      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RFS OPCO LLC DELAYED DRAW TERM LOAN                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    135000 | PA      | $133987.50    | 0.04%             | 2031-11-25      | Floating      | 9.05%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | FUGUE FINANCE BV 2025 TERM LOAN B                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    291993 | PA      | $292600.12    | 0.10%             | 2031-12-05      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | SANDISK CORP TERM LOAN B                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2047212 | PA      | $2016504.11   | 0.67%             | 2031-12-13      | Floating      | 7.32%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | KAMAN CORPORATION 2025 TERM LOAN B                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    539138 | PA      | $535180.66    | 0.18%             | 2032-01-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | KAMAN CORPORATION 2025 DELAYED DRAW TERM LOAN                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     50862 | PA      | $50488.73     | 0.02%             | 2032-01-30      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | CEVA SANTE ANIMALE 2025 USD TERM LOAN B                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |    208452 | PA      | $208973.41    | 0.07%             | 2030-11-13      | Floating      | 7.05%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | SHIFT4 PAYMENTS LLC 2025 TERM LOAN                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    495000 | PA      | $497885.85    | 0.17%             | 2032-05-08      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | VOYAGER PARENT LLC TERM LOAN B                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    730000 | PA      | $715969.40    | 0.24%             | 2032-05-08      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | ALERA GROUP INC 2025 TERM LOAN                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2380000 | PA      | $2381332.80   | 0.79%             | 2032-05-21      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | ALERA GROUP INC 2025 2ND LIEN TERM LOAN                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3830000 | PA      | $3849150.00   | 1.28%             | 2033-05-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp                                                        | BAUSCH + LOMB CORPORATION TERM LOAN                                                                               | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    262849 | PA      | $261892.05    | 0.09%             | 2027-05-10      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Dye & Durham Corp                                                         | DYE AND DURHAM CORPORATION 2024 USD TERM LOAN B                                                                   | CUSIP: 000000000<br>LEI: 549300XUQDPIC5QRY347 | Long             | LON              | CORP              | CA        |    899084 | PA      | $903579.80    | 0.30%             | 2031-04-11      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management Inc                                | JONES DESLUIR INSRNC MGMT INC 2025 TERM LOAN B                                                                    | CUSIP: C4900AAM9<br>LEI: 549300JQIWNFU00E5424 | Long             | LON              | CORP              | CA        |   1511214 | PA      | $1491688.62   | 0.50%             | 2030-03-15      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd                                                            | BAUSCH HEALTH COMPANIES INC 2025 TERM LOAN B                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    810000 | PA      | $767588.40    | 0.26%             | 2030-09-25      | Floating      | 10.59%                | No            |                  2 | On Loan: No      |
| Ontario Gaming GTA LP                                                     | ONTARIO GAMING GTA LP TERM LOAN B                                                                                 | CUSIP: 000000000<br>LEI: 894500EC9KLZLOC3V025 | Long             | LON              | CORP              | CA        |    538416 | PA      | $529263.41    | 0.18%             | 2030-08-01      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                                         | CLARIOS GLOBAL LP 2024 USD TERM LOAN B                                                                            | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | CA        |    583376 | PA      | $579584.39    | 0.19%             | 2030-05-06      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                                         | CLARIOS GLOBAL LP 2025 USD TERM LOAN B                                                                            | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | CA        |   1660000 | PA      | $1654289.60   | 0.55%             | 2032-01-28      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd                                       | TITAN ACQUISITION LIMITED 2024 TERM LOAN B                                                                        | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |   1298433 | PA      | $1292954.06   | 0.43%             | 2029-02-15      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| VetStrategy Canada Holdings Inc                                           | IVC ACQUISITION LTD 2025 USD REPRICED TERM LOAN B                                                                 | CUSIP: 000000000<br>LEI: 254900WZMD2JOGND1Z32 | Long             | LON              | CORP              | GB        |    327099 | PA      | $328427.33    | 0.11%             | 2028-12-12      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Delivery Hero Finco LLC                                                   | DELIVERY HERO SE 2024 USD TERM LOAN B                                                                             | CUSIP: 000000000<br>LEI: 529900KR9IO53KSCSQ67 | Long             | LON              | CORP              | DE        |    850727 | PA      | $852853.55    | 0.28%             | 2029-12-12      | Floating      | 9.30%                 | No            |                  2 | On Loan: No      |
| TK Elevator US Newco Inc                                                  | TK ELEVATOR MIDCO GMBH 2025 USD TERM LOAN B                                                                       | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | DE        |    472423 | PA      | $473174.05    | 0.16%             | 2030-04-30      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                                             | PURCHASED USD/ SOLD EUR                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | KY        |         1 | NC      | $-811.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                                             | PURCHASED USD/ SOLD EUR                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | KY        |         1 | NC      | $-231.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                   | PURCHASED USD/ SOLD EUR                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | KY        |         1 | NC      | $-9638.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Opal US LLC                                                               | OPAL BIDCO SAS USD TERM LOAN B                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3320000 | PA      | $3321660.00   | 1.11%             | 2032-03-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Auris Luxembourg III Sarl                                                 | AURIS LUXEMBOURG III SARL 2024 TERM LOAN B4                                                                       | CUSIP: 000000000<br>LEI: 213800VO63L2OE6QXG55 | Long             | LON              | CORP              | LU        |    377523 | PA      | $378704.47    | 0.13%             | 2029-02-28      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL                                                        | CONNECT FINCO SARL 2024 EXTENDED TERM LOAN B                                                                      | CUSIP: 000000000<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    364303 | PA      | $331744.79    | 0.11%             | 2029-09-27      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | DELTA 2 LUX SARL 2024 TERM LOAN B1                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    800000 | PA      | $799600.00    | 0.27%             | 2031-09-10      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | DELTA 2 LUX SARL 2024 TERM LOAN B2                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    400000 | PA      | $399800.00    | 0.13%             | 2031-09-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Loire Finco Luxembourg Sarl                                               | LOIRE FINCO LUXEMBOURG SARL 2025 USD TERM LOAN B                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    595000 | PA      | $593512.50    | 0.20%             | 2030-01-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| EG America LLC                                                            | EG GROUP LIMITED 2024 TERM LOAN B                                                                                 | CUSIP: 000000000<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | GB        |    790325 | PA      | $792056.21    | 0.26%             | 2028-02-07      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                                        | NOURYON FINANCE BV 2024 USD TERM LOAN B                                                                           | CUSIP: 000000000<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |   1475507 | PA      | $1477971.35   | 0.49%             | 2028-04-03      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                                        | NOURYON FINANCE BV 2024 USD INC TERM LOAN B                                                                       | CUSIP: 000000000<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    108567 | PA      | $108703.05    | 0.04%             | 2028-04-03      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| IGT Holding IV AB                                                         | IGT HOLDING IV AB 2025 USD TERM LOAN B5                                                                           | CUSIP: 000000000<br>LEI: 549300S0NZ6VQU5JU607 | Long             | LON              | CORP              | SE        |    110000 | PA      | $110000.00    | 0.04%             | 2031-09-01      | Floating      | 7.78%                 | No            |                  3 | On Loan: No      |
| N/A                                                                       | ANTICIMEX INTERNATIONAL AB 2021 USD TERM LOAN B1                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    633610 | PA      | $631551.07    | 0.21%             | 2028-11-16      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-03

**Name of Applicant:** T. Rowe Price Exchange-Traded Funds, Inc.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President