# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0002071691-25-003382
**Filing Date:** 2025-10
**Character Count:** 112875
**Document Hash:** 370bd8e350dd765974062173c03b7786
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-003382.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0002071691-25-003382

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001005942

**ORGANIZATION NAME:**
- **EIN:** 043299786
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07513
- **FILM NUMBER:** 251418376

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6177601000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### Putnam Floating Rate Income Fund (Series ID: S000000773)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000002279 | Class C shares  |  |
| C000002281 | Class R shares  |  |
| C000002282 | Class Y shares  |  |
| C000002283 | Class A shares  | PFLRX           |
| C000203062 | Class R6 Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Putnam Funds Trust

- **b. Investment Company Act file number:** 811-07513

- **c. CIK number of Registrant:** 0001005942

- **d. LEI of Registrant:** 549300S9JYWEMKQCLW53

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

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

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

- **a. Name of Series:** Putnam Floating Rate Income Fund

- **b. EDGAR series identifier (if any):** S000000773

- **c. LEI of Series:** 4QPXMF8KPJY34ZN06K78

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $351561134.21

**Total Liabilities:** $13422724.93

**Net Assets:** $338138409.28

**Delayed Delivery Securities:** $10969657.88

**Cash Not Reported:** $4342474.27

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -291.98000000 | **5-Year:** -719.32000000 | **10-Year:** -108.24000000 | **30-Year:** 0.00000000

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

- **3-Month:** -33.60000000 | **1-Year:** -16635.21000000 | **5-Year:** -80621.54000000 | **10-Year:** -12955.16000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002282 | 0.95%                | 0.60%                | 0.50%                |
| Class ID C000002281 | 0.79%                | 0.68%                | 0.33%                |
| Class ID C000002279 | 0.75%                | 0.64%                | 0.29%                |
| Class ID C000203062 | 0.96%                | 0.60%                | 0.51%                |
| Class ID C000002283 | 0.81%                | 0.70%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-192563.24              | $963807.10                                 |
| Month 2  | $-5827.05                | $363527.16                                 |
| Month 3  | $-350442.48              | $-476693.24                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Minerals Technologies, Inc.                                | Minerals Technologies, Inc., First Lien, CME Term Loan, B                                         | CUSIP: 60315GAH1<br>LEI: 549300D3I1QU67GP6403 | Long             | LON              | CORP              | US        |   1105445 | PA      | $1108556.83   | 0.33%             | 2031-11-26      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                             | Olympus Water US Holding Corp., First Lien, 6 Dollar CME Term Loan, B6                            | CUSIP: 68163YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2256224 | PA      | $2250583.36   | 0.67%             | 2031-06-23      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| GIP Pilot Acquisition Partners LP                          | GIP Pilot Acquisition Partners LP, First Lien, Initial CME Term Loan                              | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |   1230004 | PA      | $1230003.75   | 0.36%             | 2030-10-04      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                | Great Canadian Gaming Corp., First Lien, CME Term Loan, B                                         | CUSIP: C4111RAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1360030 | PA      | $1309369.26   | 0.39%             | 2029-11-01      | Variable      | 9.07%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding, Inc.                  | Crown Subsea Communications Holding, Inc., First Lien, 2025 CME Term Loan                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1485000 | PA      | $1499389.65   | 0.44%             | 2031-01-30      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                         | Nouryon Finance BV, First Lien, November 2024 Dollar CME Term Loan, B2                            | CUSIP: N8232NAM9<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    738801 | PA      | $742033.74    | 0.22%             | 2028-04-03      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas, Inc.                                       | Hunter Douglas, Inc., First Lien, CME Term Loan, B1                                               | CUSIP: N8137FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2652386 | PA      | $2658738.18   | 0.79%             | 2032-01-16      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                                 | Garda World Security Corp., First Lien, Twelfth Additional CME Term Loan                          | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |   3067883 | PA      | $3072868.29   | 0.91%             | 2029-02-01      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| W.R. Grace Holdings LLC                                    | W.R. Grace Holdings LLC, First Lien, CME Term Loan, B1                                            | CUSIP: 92943HAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    746175 | PA      | $747107.72    | 0.22%             | 2032-08-19      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| BIFM CA Buyer, Inc.                                        | BIFM CA Buyer, Inc., First Lien, CME Term Loan                                                    | CUSIP: G0757GAG7<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1352179 | PA      | $1359156.36   | 0.40%             | 2028-05-31      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                        | Ascend Learning LLC, Second Lien, Initial CME Term Loan                                           | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |    573642 | PA      | $575076.49    | 0.17%             | 2029-12-10      | Variable      | 10.17%                | No            |                  2 | On Loan: No      |
| Janus International Group LLC                              | Janus International Group LLC, First Lien, CME Term Loan, B                                       | CUSIP: 47102DAN9<br>LEI: 549300EG57ZJJG8NC776 | Long             | LON              | CORP              | US        |   1772800 | PA      | $1778127.26   | 0.53%             | 2030-08-05      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Goat Holdco LLC                                            | Goat Holdco LLC, First Lien, CME Term Loan, B                                                     | CUSIP: 38021CAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1471312 | PA      | $1474681.81   | 0.44%             | 2032-01-27      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency LLC                                | Creative Artists Agency LLC, First Lien, CME Term Loan                                            | CUSIP: 22526WAU2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    498747 | PA      | $500350.32    | 0.15%             | 2031-10-01      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                    | American Airlines, Inc., First Lien, Initial CME Term Loan                                        | CUSIP: 02376CBM6<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |   2913571 | PA      | $2907379.66   | 0.86%             | 2029-06-04      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                | Crescent Energy Finance LLC                                                                       | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2031000.00   | 0.60%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                           | Proofpoint, Inc., First Lien, CME Term Loan                                                       | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   1950063 | PA      | $1964279.10   | 0.58%             | 2028-08-31      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                          | Clarios Global LP, First Lien, 2024 Dollar CME Term Loan                                          | CUSIP: C8000CAM5<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   2559863 | PA      | $2563703.22   | 0.76%             | 2030-05-06      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Ahead DB Holdings LLC                                      | Ahead DB Holdings LLC, First Lien, CME Term Loan, B3                                              | CUSIP: 00866HAH8<br>LEI: 254900L07WFL833JX193 | Long             | LON              | CORP              | US        |   2702232 | PA      | $2707960.57   | 0.80%             | 2031-02-03      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| LaserShip, Inc.                                            | LaserShip, Inc., First Lien, CME Term Loan, B1                                                    | CUSIP: 51809EAM7<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |    500508 | PA      | $308438.26    | 0.09%             | 2029-08-10      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                         | Nouryon Finance BV, First Lien, November 2024 Dollar CME Term Loan, B1                            | CUSIP: N8232NAL1<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |   1424951 | PA      | $1431185.35   | 0.42%             | 2028-04-03      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| Aretec Group, Inc.                                         | Aretec Group, Inc., First Lien, CME Term Loan, B3                                                 | CUSIP: 04009DAH7<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |   2206562 | PA      | $2210699.11   | 0.65%             | 2030-08-09      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                 | Cloud Software Group, Inc., First Lien, Incremental CME Term Loan, B                              | CUSIP: 88632NBE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    970125 | PA      | $973830.88    | 0.29%             | 2031-03-21      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Physician Partners LLC                                     | Physician Partners LLC, First Lien, Initial CME Term Loan, B1                                     | CUSIP: 71947JAK1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    172143 | PA      | $83651.21     | 0.02%             | 2029-12-31      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Adeia, Inc.                                                | Adeia, Inc., First Lien, Initial CME Term Loan, B6                                                | CUSIP: 98422BAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1133098 | PA      | $1140888.35   | 0.34%             | 2028-06-08      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Charlotte Buyer, Inc.                                      | Charlotte Buyer, Inc., First Lien, Second Refinancing CME Term Loan                               | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    985012 | PA      | $985731.44    | 0.29%             | 2028-02-11      | Variable      | 8.61%                 | No            |                  2 | On Loan: No      |
| Construction Partners, Inc.                                | Construction Partners, Inc., First Lien, Closing Date CME Term Loan                               | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |    286529 | PA      | $287603.89    | 0.09%             | 2031-11-03      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| AIP RD Buyer Corp.                                         | AIP RD Buyer Corp., First Lien, CME Term Loan                                                     | CUSIP: 00149HAC8<br>LEI: 5493000EBDLH9PYWBS30 | Long             | LON              | CORP              | US        |    493769 | PA      | $495884.55    | 0.15%             | 2030-12-23      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| Hanesbrands, Inc.                                          | Hanesbrands, Inc., First Lien, CME Term Loan, B                                                   | CUSIP: 410346AY6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250328 | PA      | $1256779.21   | 0.37%             | 2032-03-08      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Tronox Finance LLC                                         | Tronox Finance LLC, First Lien, 2024-B2 CME Term Loan                                             | CUSIP: 89705DAQ5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1972556 | PA      | $1805086.22   | 0.53%             | 2029-04-04      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Cogeco Financing 2 LP                                      | Cogeco Financing 2 LP, First Lien, CME Term Loan, B                                               | CUSIP: 19239BAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1725254 | PA      | $1714470.92   | 0.51%             | 2028-09-01      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| HomeServe USA Corp.                                        | HomeServe USA Corp., First Lien, Amendment No. 1 Refinancing CME Term Loan                        | CUSIP: 43761EAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    987500 | PA      | $987327.19    | 0.29%             | 2030-10-21      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                 | AAdvantage Loyalty IP Ltd., First Lien, CME Term Loan                                             | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1488021 | PA      | $1485468.67   | 0.44%             | 2028-04-20      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| DexKo Global, Inc.                                         | DexKo Global, Inc., First Lien, Closing Date Dollar CME Term Loan                                 | CUSIP: 25213YAU9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    979747 | PA      | $960876.88    | 0.28%             | 2028-10-04      | Variable      | 8.22%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                          | Alliant Holdings Intermediate LLC, First Lien, Initial CME Term Loan                              | CUSIP: 01881UAN5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2723138 | PA      | $2720238.25   | 0.80%             | 2031-09-19      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Opal LLC                                                   | Opal LLC, First Lien, CME Term Loan, B2                                                           | CUSIP: F7000QAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1500000 | PA      | $1510545.00   | 0.45%             | 2032-04-23      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                                | Grant Thornton Advisors LLC, First Lien, 2025 Incremental CME Term Loan                           | CUSIP: 38821UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1985025 | PA      | $1983169.00   | 0.59%             | 2031-06-02      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| Bally's Corp.                                              | Bally's Corp., First Lien, CME Term Loan, B                                                       | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2028-10-02      | Variable      | 7.84%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                             | Jefferson Capital Holdings LLC                                                                    | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $956835.00    | 0.28%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| TGP Holdings III LLC                                       | TGP Holdings III LLC, First Lien, Closing Date CME Term Loan                                      | CUSIP: 87251RAK9<br>LEI: 549300LURVM6CQ1MNO41 | Long             | LON              | CORP              | US        |   1498781 | PA      | $1367637.72   | 0.40%             | 2028-06-29      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Invenergy Thermal Operating I LLC                          | Invenergy Thermal Operating I LLC, First Lien, CME Term Loan, C                                   | CUSIP: 46123UAQ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      6010 | PA      | $6080.97      | 0.00%             | 2032-05-17      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                      | Clydesdale Acquisition Holdings, Inc., First Lien, 2025 Incremental Delayed Draw CME Term Loan, B | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |       813 | PA      | $812.66       | 0.00%             | 2032-04-01      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co., Inc.                                     | Boxer Parent Co., Inc., Second Lien, Initial CME Term Loan                                        | CUSIP: 05988HAL1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1965940.00   | 0.58%             | 2032-07-30      | Variable      | 10.08%                | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                             | Cloudera, Inc., Second Lien, Initial CME Term Loan                                                | CUSIP: 74339VAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1768750.00   | 0.52%             | 2029-10-10      | Variable      | 10.42%                | No            |                  2 | On Loan: No      |
| Phoenix Guarantor, Inc.                                    | Phoenix Guarantor, Inc., First Lien, CME Term Loan, B5                                            | CUSIP: 71913BAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1975075 | PA      | $1979351.04   | 0.59%             | 2031-02-21      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Chromalloy Corp.                                           | Chromalloy Corp., First Lien, CME Term Loan                                                       | CUSIP: 17110EAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    742500 | PA      | $743494.95    | 0.22%             | 2031-03-27      | Variable      | 7.54%                 | No            |                  2 | On Loan: No      |
| Pro Mach Group, Inc.                                       | Pro Mach Group, Inc., First Lien, Amendment No. 5 Refinancing CME Term Loan                       | CUSIP: 74273JAK9<br>LEI: 5493008SZGSVUCSNB151 | Long             | LON              | CORP              | US        |   1418837 | PA      | $1424434.10   | 0.42%             | 2028-08-31      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                       | Flutter Financing BV, First Lien, 2024 Refinancing CME Term Loan, B                               | CUSIP: N3313EAG5<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    396977 | PA      | $395736.77    | 0.12%             | 2030-12-02      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp.                                     | Filtration Group Corp., First Lien, 2025 Incremental Dollar CME Term Loan, B                      | CUSIP: 31732FAX4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2419774 | PA      | $2433385.10   | 0.72%             | 2028-10-23      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA, Inc.                             | Harbor Freight Tools USA, Inc., First Lien, Initial CME Term Loan                                 | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |    994975 | PA      | $984592.31    | 0.29%             | 2031-06-11      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| DXP Enterprises, Inc.                                      | DXP Enterprises, Inc., First Lien, 2024 Incremental CME Term Loan                                 | CUSIP: 23338DAR7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1473862 | PA      | $1483309.96   | 0.44%             | 2030-10-11      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Physician Partners LLC                                     | Physician Partners LLC, First Lien, CME Term Loan, C                                              | CUSIP: 71947JAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    173322 | PA      | $37553.62     | 0.01%             | 2030-12-31      | Variable      | 9.95%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                              | White Cap Supply Holdings LLC, First Lien, CME Term Loan, C                                       | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |   2303618 | PA      | $2307557.17   | 0.68%             | 2029-10-19      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                       | Clear Channel Outdoor Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan                  | CUSIP: 18452RAF2<br>LEI: 254900XBEE6V1ENYS150 | Long             | LON              | CORP              | US        |    722888 | PA      | $724694.91    | 0.21%             | 2028-08-23      | Variable      | 8.43%                 | No            |                  2 | On Loan: No      |
| Novelis Corp.                                              | Novelis Corp.                                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    587000 | PA      | $609454.51    | 0.18%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TMS International Corp.                                    | TMS International Corp., First Lien, New CME Term Loan, B7                                        | CUSIP: 87261SAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1470215 | PA      | $1472971.62   | 0.44%             | 2030-03-04      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| Pregis TopCo LLC                                           | Pregis TopCo LLC, First Lien, Tenth Amendment CME Term Loan                                       | CUSIP: 74045BAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    945131 | PA      | $954700.70    | 0.28%             | 2029-02-01      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| Anticimex Global AB                                        | Anticimex Global AB, First Lien, CME Term Loan, B6                                                | CUSIP: 03703HAB2<br>LEI: 54930005SBU6WYFBEB41 | Long             | LON              | CORP              | SE        |    493753 | PA      | $495913.51    | 0.15%             | 2028-11-16      | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                | Wayfair LLC                                                                                       | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1533193.50   | 0.45%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MillerKnoll, Inc.                                          | MillerKnoll, Inc., First Lien, 2025 CME Term Loan, B                                              | CUSIP: 60063KAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    900000 | PA      | $900562.50    | 0.27%             | 2032-08-09      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                     | First Brands Group LLC, Second Lien, 2021 CME Term Loan                                           | CUSIP: 31935HAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1820000.00   | 0.54%             | 2028-03-30      | Variable      | 13.07%                | No            |                  2 | On Loan: No      |
| Hilcorp Energy I LP                                        | Hilcorp Energy I LP, First Lien, Initial CME Term Loan                                            | CUSIP: 431319AH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    684000 | PA      | $686280.85    | 0.20%             | 2030-02-06      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                            | Sinclair Television Group, Inc.                                                                   | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1245830.63   | 0.37%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc.                                             | RealPage, Inc., First Lien, Initial CME Term Loan                                                 | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |   2909320 | PA      | $2908825.27   | 0.86%             | 2028-04-24      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Celestial-Saturn Parent, Inc.                              | Celestial-Saturn Parent, Inc., Second Lien, Initial CME Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2500000 | PA      | $2481775.00   | 0.73%             | 2029-06-04      | Variable      | 10.93%                | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                            | TransDigm, Inc., First Lien, CME Term Loan, J                                                     | CUSIP: 89364MCA0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2292765 | PA      | $2297189.80   | 0.68%             | 2031-02-28      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Red Planet Borrower LLC                                    | Red Planet Borrower LLC, First Lien, CME Term Loan, B                                             | CUSIP: 57165KAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1925000 | PA      | $1923806.50   | 0.57%             | 2028-10-02      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Rocket Software, Inc.                                      | Rocket Software, Inc., First Lien, CME Term Loan                                                  | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |   2528809 | PA      | $2538291.98   | 0.75%             | 2028-11-28      | Variable      | 8.11%                 | No            |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC                                 | MajorDrive Holdings IV LLC, First Lien, Initial CME Term Loan                                     | CUSIP: 56085UAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2028-06-01      | Variable      | 8.56%                 | No            |                  2 | On Loan: No      |
| Organon & Co.                                              | Organon & Co., First Lien, 2024 Refinancing Dollar CME Term Loan                                  | CUSIP: 68621XAG8<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |   1079750 | PA      | $1056357.22   | 0.31%             | 2031-05-19      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| DexKo Global, Inc.                                         | DexKo Global, Inc., First Lien, 2023 Incremental CME Term Loan                                    | CUSIP: 25213YBC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2115625 | PA      | $2085646.59   | 0.62%             | 2028-10-04      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| Calpine Construction Finance Co. LP                        | Calpine Construction Finance Co. LP, First Lien, Refinancing CME Term Loan                        | CUSIP: 13134NAH4<br>LEI: V0Q3DOB0FIB2XI1KWU77 | Long             | LON              | CORP              | US        |   2014258 | PA      | $2016110.97   | 0.60%             | 2030-07-19      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| American Trailer World Corp.                               | American Trailer World Corp., First Lien, CME Term Loan, B                                        | CUSIP: 03028BAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2110850 | PA      | $1795171.96   | 0.53%             | 2028-03-03      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Gloves Buyer, Inc.                                         | Gloves Buyer, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 37987UAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1974250.00   | 0.58%             | 2032-05-21      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| CQP Holdco LP                                              | CQP Holdco LP, First Lien, Initial CME Term Loan                                                  | CUSIP: 12657QAE3<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |   1730919 | PA      | $1731637.54   | 0.51%             | 2030-12-31      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Ingenovis Health, Inc.                                     | Ingenovis Health, Inc., First Lien, Initial CME Term Loan                                         | CUSIP: 12510MAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $342500.00    | 0.10%             | 2028-03-06      | Variable      | 8.70%                 | No            |                  2 | On Loan: No      |
| LaserShip, Inc.                                            | LaserShip, Inc., First Lien, CME Term Loan, D                                                     | CUSIP: 51809EAP0<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |    362437 | PA      | $112960.76    | 0.03%             | 2029-08-10      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| Viavi Solutions, Inc.                                      | Viavi Solutions, Inc., First Lien, CME Term Loan, B                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    519031 | PA      | $520816.72    | 0.15%             | 2032-06-11      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                             | Univision Communications, Inc.                                                                    | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1509382.97   | 0.45%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                      | Clydesdale Acquisition Holdings, Inc., First Lien, 2025 Incremental Closing Date CME Term Loan, B | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   1549270 | PA      | $1549479.56   | 0.46%             | 2032-04-01      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                      | Jane Street Group LLC, First Lien, Extended CME Term Loan                                         | CUSIP: 47077DAM2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3580040 | PA      | $3571788.49   | 1.06%             | 2031-12-15      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Tenable, Inc.                                              | Tenable, Inc., First Lien, Initial CME Term Loan                                                  | CUSIP: 88025XAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    482500 | PA      | $484613.35    | 0.14%             | 2028-07-07      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp.                                          | IRB Holding Corp., First Lien, 2024 Second Replacement CME Term Loan, B                           | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |    960104 | PA      | $960406.71    | 0.28%             | 2027-12-15      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Advantage Sales & Marketing, Inc.                          | Advantage Sales & Marketing, Inc., First Lien, CME Term Loan, B1                                  | CUSIP: 00769EBA7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    578297 | PA      | $495371.73    | 0.15%             | 2027-10-28      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                    | Talen Energy Supply LLC, First Lien, Initial CME Term Loan, B                                     | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    298126 | PA      | $299399.28    | 0.09%             | 2030-05-17      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International, Inc.                         | Light & Wonder International, Inc., First Lien, CME Term Loan, B2                                 | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |   2437921 | PA      | $2447063.37   | 0.72%             | 2029-04-16      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                          | Cornerstone Building Brands, Inc., First Lien, New CME Term Loan, B                               | CUSIP: 72431HAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1318476 | PA      | $1254476.78   | 0.37%             | 2028-04-12      | Variable      | 7.71%                 | No            |                  2 | On Loan: No      |
| Klockner Pentaplast of America, Inc.                       | Klockner Pentaplast of America, Inc., First Lien, USD CME Term Loan, B                            | CUSIP: 49865NAT7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1947548 | PA      | $1194499.64   | 0.35%             | 2026-02-12      | Variable      | 9.02%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                     | LifePoint Health, Inc., First Lien, CME Term Loan, B1                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1490484 | PA      | $1482241.82   | 0.44%             | 2031-05-19      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Kingpin Intermediate Holdings LLC                          | Kingpin Intermediate Holdings LLC, First Lien, CME Term Loan, B                                   | CUSIP: 49579GAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    330801 | PA      | $330111.64    | 0.10%             | 2028-02-08      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group, Inc.                                   | AthenaHealth Group, Inc., First Lien, Initial CME Term Loan                                       | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   2218402 | PA      | $2219555.92   | 0.66%             | 2029-02-15      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor, Inc. | Directv Financing LLC / Directv Financing Co-Obligor, Inc.                                        | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995769.24    | 0.29%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PetSmart LLC                                               | PetSmart LLC, First Lien, Initial CME Term Loan                                                   | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1548339 | PA      | $1546403.92   | 0.46%             | 2028-02-11      | Variable      | 8.21%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                  | Banijay Entertainment SAS                                                                         | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $936945.90    | 0.28%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Red Planet Borrower LLC                                    | Red Planet Borrower LLC, First Lien, CME Term Loan, B                                             | CUSIP: 57165KAE6<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |   1295011 | PA      | $1280578.50   | 0.38%             | 2032-08-09      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| Saratoga Food Specialties LLC                              | Saratoga Food Specialties LLC, First Lien, Additional CME Term Loan, 7                            | CUSIP: 80348KAB4<br>LEI: 98450064UB30ECBDEB06 | Long             | LON              | CORP              | US        |    332500 | PA      | $335306.47    | 0.10%             | 2029-03-12      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                        | Peer Holding III BV, First Lien, CME Term Loan, B5B                                               | CUSIP: N6872NAN6<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |   1243750 | PA      | $1247792.19   | 0.37%             | 2031-07-01      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                               | Scientific Games Holdings LP, First Lien, 2024 Refinancing Dollar CME Term Loan                   | CUSIP: 80875CAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2932838 | PA      | $2906559.27   | 0.86%             | 2029-04-04      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                        | Bausch + Lomb Corp., First Lien, Third Amendment CME Term Loan                                    | CUSIP: C0787FAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   2533006 | PA      | $2539794.83   | 0.75%             | 2031-01-15      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                              | Smyrna Ready Mix Concrete LLC                                                                     | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2134894.00   | 0.63%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                        | Newell Brands, Inc.                                                                               | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1058225.00   | 0.31%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Greystone Select Financial LLC                             | Greystone Select Financial LLC, First Lien, Initial CME Term Loan                                 | CUSIP: 39808KAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1421539 | PA      | $1417984.67   | 0.42%             | 2028-06-16      | Variable      | 9.59%                 | No            |                  2 | On Loan: No      |
| Sazerac Co., Inc.                                          | Sazerac Co., Inc., First Lien, Incremental CME Term Loan, B1                                      | CUSIP: 80583EAN6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    574713 | PA      | $578511.49    | 0.17%             | 2032-06-25      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                            | Naked Juice LLC, First Lien, 2nd Out CME Term Loan                                                | CUSIP: 62984CAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69825 | PA      | $50274.00     | 0.01%             | 2029-01-24      | Variable      | 7.65%                 | No            |                  2 | On Loan: No      |
| Dragon Buyer, Inc.                                         | Dragon Buyer, Inc., First Lien, CME Term Loan                                                     | CUSIP: 26143FAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1501887 | PA      | $1505528.90   | 0.45%             | 2031-09-30      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                            | Madison IAQ LLC, First Lien, Initial CME Term Loan                                                | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   2765266 | PA      | $2772649.55   | 0.82%             | 2028-06-21      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                    | Talen Energy Supply LLC, First Lien, 2024-1 Incremental CME Term Loan, B                          | CUSIP: 87422LAY6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    356951 | PA      | $358639.04    | 0.11%             | 2031-12-11      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL                                         | Connect Finco SARL, First Lien, Amendment No. 4 CME Term Loan                                     | CUSIP: L2000DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   1863368 | PA      | $1843141.08   | 0.55%             | 2029-09-13      | Variable      | 8.82%                 | No            |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment, Inc.                       | SeaWorld Parks & Entertainment, Inc., First Lien, CME Term Loan, B3                               | CUSIP: 78488CAL4<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |    987525 | PA      | $988349.64    | 0.29%             | 2031-12-04      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3, Inc.                              | Fortress Intermediate 3, Inc., First Lien, CME Term Loan, B                                       | CUSIP: 34966LAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    570688 | PA      | $573184.26    | 0.17%             | 2031-06-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Bleriot US Bidco, Inc.                                     | Bleriot US Bidco, Inc., First Lien, 2023 CME Term Loan                                            | CUSIP: 09353TAJ9<br>LEI: 254900ALCQ2A2VYD5Z08 | Long             | LON              | CORP              | US        |    490059 | PA      | $491590.71    | 0.15%             | 2030-10-31      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Flynn Restaurant Group LP                                  | Flynn Restaurant Group LP, First Lien, 2025 CME Term Loan                                         | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |   1712660 | PA      | $1718551.17   | 0.51%             | 2032-01-28      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Altar Bidco, Inc.                                          | Altar Bidco, Inc., Second Lien, Initial CME Term Loan                                             | CUSIP: 02090CAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2872500 | PA      | $2743237.50   | 0.81%             | 2030-02-01      | Variable      | 9.58%                 | No            |                  2 | On Loan: No      |
| Geon Performance Solutions LLC                             | Geon Performance Solutions LLC, First Lien, Initial CME Term Loan                                 | CUSIP: 37254YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    963422 | PA      | $902003.72    | 0.27%             | 2028-08-18      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| Glatfelter Corp.                                           | Glatfelter Corp., First Lien, CME Term Loan                                                       | CUSIP: 89458XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1990000 | PA      | $1985860.80   | 0.59%             | 2031-11-04      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                                     | Aramark Services, Inc., First Lien, CME Term Loan, B8                                             | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    710625 | PA      | $712991.39    | 0.21%             | 2030-06-24      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Hoya Midco LLC                                             | Hoya Midco LLC, First Lien, 2025 Refinancing CME Term Loan                                        | CUSIP: 44325HAF5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    299250 | PA      | $217611.61    | 0.06%             | 2029-02-05      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services, Inc.                            | Brand Industrial Services, Inc.                                                                   | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983035.39    | 0.29%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Enviri Corp.                                               | Enviri Corp., First Lien, CME Term Loan, B3                                                       | CUSIP: 41587CAR9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | LON              | CORP              | US        |   1920000 | PA      | $1912502.39   | 0.57%             | 2028-06-09      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Petco Health & Wellness Co., Inc.                          | Petco Health & Wellness Co., Inc., First Lien, Initial CME Term Loan                              | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |   1876765 | PA      | $1817731.08   | 0.54%             | 2028-03-03      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| Neon Maple US Debt Mergersub, Inc.                         | Neon Maple US Debt Mergersub, Inc., First Lien, Term Loan, B1                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1995000 | PA      | $1998361.57   | 0.59%             | 2031-11-17      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group LLC                                   | Great Outdoors Group LLC, First Lien, CME Term Loan, B                                            | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |   2874800 | PA      | $2886658.06   | 0.85%             | 2032-01-23      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming, Inc.                                    | Genesee & Wyoming, Inc., First Lien, Initial CME Term Loan                                        | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |    625275 | PA      | $623058.40    | 0.18%             | 2031-04-10      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp. / Raptor LLC                   | Great Canadian Gaming Corp. / Raptor LLC                                                          | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | CA        |    395000 | PA      | $377298.63    | 0.11%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics, Inc.                                    | Qnity Electronics, Inc., First Lien, CME Term Loan, B                                             | CUSIP: 74737SAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1998130.00   | 0.59%             | 2032-08-12      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Savage Enterprises LLC                                     | Savage Enterprises LLC, First Lien, Amendment No. 7 CME Term Loan                                 | CUSIP: 80465JAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    426087 | PA      | $427196.99    | 0.13%             | 2032-08-05      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Topco Corp.                    | Mavis Tire Express Services Topco Corp., First Lien, 2025 Incremental CME Term Loan               | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    882744 | PA      | $885872.94    | 0.26%             | 2028-05-04      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Oregon Tool Lux LP                                         | Oregon Tool Lux LP, Second Lien, CME Term Loan, B2                                                | CUSIP: L7266PAE5<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    817993 | PA      | $649077.68    | 0.19%             | 2029-10-15      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                     | HUB International Ltd., First Lien, 2025 Incremental CME Term Loan                                | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   1364730 | PA      | $1368967.76   | 0.40%             | 2030-06-20      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC                  | Oryx Midstream Services Permian Basin LLC, First Lien, Initial CME Term Loan                      | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |   1902369 | PA      | $1904156.97   | 0.56%             | 2028-10-05      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                                 | Restoration Hardware, Inc., First Lien, 2022 Incremental CME Term Loan                            | CUSIP: 76133MAC5<br>LEI: 5493008MTS3OGGMHGK69 | Long             | LON              | CORP              | US        |   1984694 | PA      | $1929757.55   | 0.57%             | 2028-10-20      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Covetrus, Inc.                                             | Covetrus, Inc., First Lien, Initial CME Term Loan                                                 | CUSIP: 22304EAC0<br>LEI: 5493009S30DUFCF75V87 | Long             | LON              | CORP              | US        |    975038 | PA      | $856814.48    | 0.25%             | 2029-10-15      | Variable      | 9.30%                 | No            |                  2 | On Loan: No      |
| Arsenal AIC Parent LLC                                     | Arsenal AIC Parent LLC, First Lien, 2025 Refinancing CME Term Loan, B                             | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    982612 | PA      | $984764.12    | 0.29%             | 2030-08-19      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                        | CDI                                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |  14375000 | PA      | $484002.51    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| WestJet Loyalty LP                                         | WestJet Loyalty LP, First Lien, Initial CME Term Loan                                             | CUSIP: C9763HAB3<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1382500 | PA      | $1388361.77   | 0.41%             | 2031-02-14      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group, Inc.                                 | Encore Capital Group, Inc.                                                                        | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    900000 | PA      | $951425.42    | 0.28%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Lippert Components, Inc.                                   | Lippert Components, Inc., First Lien, CME Term Loan                                               | CUSIP: 53631HAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    997500 | PA      | $1005604.69   | 0.30%             | 2032-03-25      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                            | Rand Parent LLC, First Lien, CME Term Loan, B                                                     | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1794661 | PA      | $1790497.72   | 0.53%             | 2030-03-18      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                            | Naked Juice LLC, First Lien, 3rd Out CME Term Loan                                                | CUSIP: 62984CAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    282722 | PA      | $119026.05    | 0.04%             | 2030-01-24      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| McAfee Corp.                                               | McAfee Corp., First Lien, CME Term Loan, B1                                                       | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   2978241 | PA      | $2852901.47   | 0.84%             | 2029-03-01      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Ingram Micro, Inc.                                         | Ingram Micro, Inc., First Lien, CME Term Loan, B2                                                 | CUSIP: 45258FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    799898 | PA      | $806148.70    | 0.24%             | 2031-09-22      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Putnam Funds Trust                                         | Putnam Short Term Investment Fund, Class P                                                        | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |  22095610 | NS      | $22095609.72  | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastlane Parent Co., Inc.                                  | Fastlane Parent Co., Inc., Second Lien, Initial CME Term Loan                                     | CUSIP: 31187LAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1967510.00   | 0.58%             | 2026-12-21      | Variable      | 13.31%                | No            |                  2 | On Loan: No      |
| Chariot Buyer LLC                                          | Chariot Buyer LLC, First Lien, Initial CME Term Loan                                              | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |   2895000 | PA      | $2898416.09   | 0.86%             | 2028-11-03      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| KUEHG Corp.                                                | KUEHG Corp., First Lien, CME Term Loan                                                            | CUSIP: 50118YAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    308646 | PA      | $309417.60    | 0.09%             | 2030-06-12      | Variable      | 7.04%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services, Inc.                               | Genesys Cloud Services, Inc., First Lien, 2025 Dollar CME Term Loan                               | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |   2370214 | PA      | $2374658.64   | 0.70%             | 2032-01-30      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| GBT US III LLC                                             | GBT US III LLC, First Lien, CME Term Loan, B1                                                     | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    995000 | PA      | $998109.38    | 0.30%             | 2031-07-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| A-AP Buyer, Inc.                                           | A-AP Buyer, Inc., First Lien, Initial CME Term Loan                                               | CUSIP: 00036FAB0<br>LEI: 254900BOO8W9IR1VYO11 | Long             | LON              | CORP              | US        |    995000 | PA      | $998114.35    | 0.30%             | 2031-09-09      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Cimpress USA, Inc.                                         | Cimpress USA, Inc., First Lien, 2024-2 Refinancing CME Term Loan, B1                              | CUSIP: N2014AAH5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    306148 | PA      | $306148.10    | 0.09%             | 2028-05-17      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Topgolf Callaway Brands Corp.                              | Topgolf Callaway Brands Corp., First Lien, Initial CME Term Loan                                  | CUSIP: 89071LAB6<br>LEI: 5493005UB0KFRKBPCU72 | Long             | LON              | CORP              | US        |   1171875 | PA      | $1155210.94   | 0.34%             | 2030-03-18      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| Indicor LLC                                                | Indicor LLC, First Lien, Dollar CME Term Loan, D                                                  | CUSIP: 77669LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    980150 | PA      | $982599.88    | 0.29%             | 2029-11-22      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                | Caesars Entertainment, Inc., First Lien, 2023 Incremental CME Term Loan, B                        | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   1635000 | PA      | $1633365.00   | 0.48%             | 2030-02-06      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                        | Bausch + Lomb Corp., First Lien, New CME Term Loan                                                | CUSIP: C0787FAG7<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    592947 | PA      | $594429.75    | 0.18%             | 2028-09-29      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services, Inc.                            | Brand Industrial Services, Inc., First Lien, CME Term Loan, C                                     | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |    874375 | PA      | $772073.37    | 0.23%             | 2030-08-01      | Variable      | 8.80%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                     | Mauser Packaging Solutions Holding Co., First Lien, Initial CME Term Loan                         | CUSIP: 57763TAE3<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |   1450608 | PA      | $1452268.50   | 0.43%             | 2027-04-15      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                | Allied Universal Holdco LLC, First Lien, Amendment No. 7 Replacement USD CME Term Loan            | CUSIP: 01957TAX5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1005930 | PA      | $1010557.02   | 0.30%             | 2032-08-20      | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Skopima Consilio Parent LLC                                | Skopima Consilio Parent LLC, First Lien, Amendment No. 5 CME Term Loan                            | CUSIP: 36171NAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    987538 | PA      | $933751.27    | 0.28%             | 2028-05-12      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Central Parent, Inc. / CDK Global, Inc.                    | Central Parent, Inc. / CDK Global, Inc.                                                           | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1691933.20   | 0.50%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV Financing LLC                                      | DIRECTV Financing LLC, First Lien, 2024 Refinancing CME Term Loan, B                              | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    749899 | PA      | $746621.85    | 0.22%             | 2029-08-02      | Variable      | 9.82%                 | No            |                  2 | On Loan: No      |
| Latham Pool Products, Inc.                                 | Latham Pool Products, Inc., First Lien, Initial CME Term Loan                                     | CUSIP: 51822LAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    494391 | PA      | $492536.55    | 0.15%             | 2029-02-23      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.                | Apollo Commercial Real Estate Finance, Inc., First Lien, Initial CME Term Loan                    | CUSIP: 03768DAE7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | LON              | CORP              | US        |    439000 | PA      | $443392.20    | 0.13%             | 2030-06-13      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower LLC                                   | Boost Newco Borrower LLC, First Lien, CME Term Loan, B2                                           | CUSIP: 92943EAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1326675 | PA      | $1329660.03   | 0.39%             | 2031-01-31      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Genuine Financial Holdings LLC                             | Genuine Financial Holdings LLC, First Lien, 2025 Replacement CME Term Loan                        | CUSIP: 37190DAN3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1484981 | PA      | $1400121.87   | 0.41%             | 2030-09-27      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Lernen Bidco Ltd.                                          | Lernen Bidco Ltd., First Lien, CME Term Loan                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    230192 | PA      | $231199.17    | 0.07%             | 2031-10-27      | Variable      | 7.84%                 | No            |                  2 | On Loan: No      |
| Terex Corp.                                                | Terex Corp., First Lien, U.S. CME Term Loan                                                       | CUSIP: 88078FBM9<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | LON              | CORP              | US        |    920769 | PA      | $923407.31    | 0.27%             | 2031-10-08      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                        | Medline Borrower LP, First Lien, 2030 Refinancing CME Term Loan                                   | CUSIP: 58503UAJ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2644615 | PA      | $2647101.31   | 0.78%             | 2030-10-23      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Invenergy Thermal Operating I LLC                          | Invenergy Thermal Operating I LLC, First Lien, CME Term Loan, B                                   | CUSIP: 46123UAP3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     90144 | PA      | $91214.60     | 0.03%             | 2032-05-17      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                 | Fertitta Entertainment LLC, First Lien, Initial CME Term Loan, B                                  | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    930493 | PA      | $931135.16    | 0.28%             | 2029-01-29      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| OneSky Flight LLC                                          | OneSky Flight LLC                                                                                 | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2103166.00   | 0.62%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Plastipak Packaging, Inc.                                  | Plastipak Packaging, Inc., First Lien, CME Term Loan, B                                           | CUSIP: 72761JAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    400000 | PA      | $401208.00    | 0.12%             | 2028-12-01      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Perrigo Investments LLC                                    | Perrigo Investments LLC, First Lien, 2024 Refinancing CME Term Loan, B                            | CUSIP: 71429TAF7<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |    696209 | PA      | $697803.10    | 0.21%             | 2029-04-20      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                                          | Flash Charm, Inc., First Lien, CME Term Loan, B2                                                  | CUSIP: 45168RAT0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1979969 | PA      | $1843845.87   | 0.55%             | 2028-03-02      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                        | LBM Acquisition LLC, First Lien, Amendment No. 3 Incremental CME Term Loan                        | CUSIP: 50179JAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2724994 | PA      | $2655888.03   | 0.79%             | 2031-06-06      | Variable      | 8.21%                 | No            |                  2 | On Loan: No      |
| TAMKO Building Products LLC                                | TAMKO Building Products LLC, First Lien, 2024 CME Term Loan                                       | CUSIP: 87510EAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1985401 | PA      | $1993461.32   | 0.59%             | 2030-09-20      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Johnstone Supply LLC                                       | Johnstone Supply LLC, First Lien, CME Term Loan                                                   | CUSIP: 47947BAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    992494 | PA      | $994176.04    | 0.29%             | 2031-06-09      | Variable      | 6.84%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings, Inc.                                      | WEC US Holdings, Inc., First Lien, Initial CME Term Loan                                          | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    990000 | PA      | $991173.15    | 0.29%             | 2031-01-27      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                           | Southern Veterinary Partners LLC, First Lien, 2025 New CME Term Loan                              | CUSIP: 84410HAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    687931 | PA      | $688395.22    | 0.20%             | 2031-12-04      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                   | Venture Global LNG, Inc.                                                                          | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036828.00   | 0.31%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                                   | SCIH Salt Holdings, Inc., First Lien, Incremental CME Term Loan, B1                               | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2076240 | PA      | $2082904.87   | 0.62%             | 2029-01-31      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III BV             | Teva Pharmaceutical Finance Netherlands III BV                                                    | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1038498.00   | 0.31%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Tempo Acquisition LLC                                      | Tempo Acquisition LLC, First Lien, Seventh Incremental CME Term Loan                              | CUSIP: 88023HAJ9<br>LEI: 549300VV0B2RPMHQGA61 | Long             | LON              | CORP              | US        |   1091956 | PA      | $1087090.91   | 0.32%             | 2028-08-31      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Viasat, Inc.                                               | Viasat, Inc., First Lien, Initial CME Term Loan                                                   | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    972431 | PA      | $968444.07    | 0.29%             | 2029-03-02      | Variable      | 8.93%                 | No            |                  2 | On Loan: No      |
| QXO Building Products, Inc.                                | QXO Building Products, Inc., First Lien, CME Term Loan, B                                         | CUSIP: 07368RAJ0<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |    119929 | PA      | $121134.78    | 0.04%             | 2032-04-30      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Phoenix Newco, Inc.                                        | Phoenix Newco, Inc., First Lien, Sixth Amendment CME Term Loan                                    | CUSIP: 71911KAE4<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |   1294305 | PA      | $1297003.14   | 0.38%             | 2028-11-15      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                           | Sabre GLBL, Inc.                                                                                  | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1455738.33   | 0.43%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                               | MH Sub I LLC, First Lien, 2024 December New CME Term Loan                                         | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1109169 | PA      | $961971.32    | 0.28%             | 2031-12-31      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| ConnectWise LLC                                            | ConnectWise LLC, First Lien, Initial CME Term Loan                                                | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1339903 | PA      | $1346367.91   | 0.40%             | 2028-09-29      | Variable      | 8.06%                 | No            |                  2 | On Loan: No      |
| BCP Renaissance Parent LLC                                 | BCP Renaissance Parent LLC, First Lien, Initial CME Term Loan, B6                                 | CUSIP: 05549PAG6<br>LEI: 549300GVXMQFQZDSJR97 | Long             | LON              | CORP              | US        |   1526831 | PA      | $1529281.84   | 0.45%             | 2028-10-31      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Central Parent LLC                                         | Central Parent LLC, First Lien, 2024 Refinancing CME Term Loan                                    | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1977556 | PA      | $1659288.35   | 0.49%             | 2029-07-06      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Watlow Electric Manufacturing Co.                          | Watlow Electric Manufacturing Co., First Lien, Initial CME Term Loan                              | CUSIP: 94254PAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1310821 | PA      | $1314098.35   | 0.39%             | 2028-03-02      | Variable      | 7.31%                 | No            |                  2 | On Loan: No      |
| Beacon Mobility Corp.                                      | Beacon Mobility Corp.                                                                             | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $518608.50    | 0.15%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services, Inc.                            | Concentra Health Services, Inc., First Lien, CME Term Loan, B1                                    | CUSIP: 20602RAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    995006 | PA      | $1000916.59   | 0.30%             | 2031-07-28      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| TRC Cos., Inc.                                             | TRC Cos., Inc., First Lien, 2025 Refinancing CME Term Loan                                        | CUSIP: 29280KAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1969746 | PA      | $1974669.90   | 0.58%             | 2028-12-08      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings Corp.                                      | Hexion Holdings Corp., Second Lien, Initial CME Term Loan                                         | CUSIP: 42829JAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1751765 | PA      | $1735341.92   | 0.51%             | 2030-03-15      | Variable      | 11.85%                | No            |                  2 | On Loan: No      |
| Canada Goose, Inc.                                         | Canada Goose, Inc., First Lien, 2025 Refinancing CME Term Loan                                    | CUSIP: C1541PAG0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    745402 | PA      | $750060.75    | 0.22%             | 2032-08-23      | Variable      | 7.71%                 | No            |                  2 | On Loan: No      |
| Upbound Group, Inc.                                        | Upbound Group, Inc., First Lien, 2025 CME Term Loan                                               | CUSIP: 76009WAX8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250000 | PA      | $1253650.00   | 0.37%             | 2032-08-19      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                 | Cloud Software Group, Inc., First Lien, Initial Dollar CME Term Loan, B                           | CUSIP: 88632NBL3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1189374 | PA      | $1192829.54   | 0.35%             | 2032-08-16      | Variable      | 7.48%                 | No            |                  2 | On Loan: No      |
| MX Holdings US, Inc.                                       | MX Holdings US, Inc., First Lien, Senior USD CME Term Loan, B                                     | CUSIP: 55404TAF9<br>LEI: 549300RKTIVJWNROR778 | Long             | LON              | CORP              | DE        |    181370 | PA      | $181993.64    | 0.05%             | 2032-03-17      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                           | SkyMiles IP Ltd., First Lien, Initial CME Term Loan                                               | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | US        |   1775963 | PA      | $1784425.24   | 0.53%             | 2027-10-20      | Variable      | 8.08%                 | No            |                  2 | On Loan: No      |
| Windsor Holdings III LLC                                   | Windsor Holdings III LLC, First Lien, 2025 Refinancing CME Term Loan, B                           | CUSIP: 97360BAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    982612 | PA      | $985275.07    | 0.29%             | 2030-08-01      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| Motion Finco SARL                                          | Motion Finco SARL, First Lien, CME Term Loan, B3                                                  | CUSIP: L6526BAG9<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   1975125 | PA      | $1721706.32   | 0.51%             | 2029-11-13      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                        | Ascend Learning LLC, First Lien, Initial CME Term Loan                                            | CUSIP: 04349HAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1956975 | PA      | $1958403.52   | 0.58%             | 2028-12-11      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co., Inc.                                     | Boxer Parent Co., Inc., First Lien, 2031 Replacement Dollar CME Term Loan                         | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |         0 | PA      | $0.03         | 0.00%             | 2031-07-30      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                    | Quikrete Holdings, Inc., First Lien, CME Term Loan, B1                                            | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1481923 | PA      | $1483316.01   | 0.44%             | 2031-04-14      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance, Inc.                      | Acrisure LLC / Acrisure Finance, Inc.                                                             | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037007.00   | 0.31%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Soliant Lower Intermediate LLC                             | Soliant Lower Intermediate LLC, First Lien, Initial CME Term Loan                                 | CUSIP: 83421EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    479370 | PA      | $477275.31    | 0.14%             | 2031-07-18      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Gen Digital, Inc.                                          | Gen Digital, Inc., First Lien, Second Amendment Incremental CME Term Loan, B                      | CUSIP: 66877AAG3<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |   1300000 | PA      | $1295937.50   | 0.38%             | 2032-04-16      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| CPM Holdings, Inc.                                         | CPM Holdings, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 12620BAR1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1339748 | PA      | $1311419.02   | 0.39%             | 2028-09-28      | Variable      | 8.85%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                     | Playtika Holding Corp., First Lien, CME Term Loan, B1                                             | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |    500000 | PA      | $493582.50    | 0.15%             | 2028-03-13      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                                        | Verde Purchaser LLC, First Lien, Second Refinancing CME Term Loan                                 | CUSIP: 92338TAB2<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | LON              | CORP              | US        |   1738835 | PA      | $1721925.14   | 0.51%             | 2030-11-30      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| ARC Falcon I, Inc.                                         | ARC Falcon I, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 03880YAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1974458 | PA      | $1979275.52   | 0.59%             | 2028-10-02      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| Vision Solutions, Inc.                                     | Vision Solutions, Inc., First Lien, New CME Term Loan, B                                          | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1818056 | PA      | $1703290.77   | 0.50%             | 2028-04-24      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                               | Acrisure LLC, First Lien, CME Term Loan, B6                                                       | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   1488769 | PA      | $1489937.43   | 0.44%             | 2030-11-06      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield US Borrower LLC                        | Cushman & Wakefield US Borrower LLC, First Lien, 2025-2 Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    379000 | PA      | $380104.79    | 0.11%             | 2030-01-31      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| Vibrantz Technologies, Inc.                                | Vibrantz Technologies, Inc., First Lien, Initial CME Term Loan                                    | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |   2700939 | PA      | $2154282.48   | 0.64%             | 2029-04-23      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                       | Frontier Communications Holdings LLC, First Lien, Initial CME Term Loan                           | CUSIP: 35906EAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1492509 | PA      | $1495927.22   | 0.44%             | 2031-07-01      | Variable      | 6.87%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                              | Starwood Property Trust, Inc.                                                                     | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2077138.00   | 0.61%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cengage Learning, Inc.                                     | Cengage Learning, Inc., First Lien, 2024 Refinancing CME Term Loan                                | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |   1683042 | PA      | $1687923.33   | 0.50%             | 2031-03-24      | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| EquipmentShare.com, Inc.                                   | EquipmentShare.com, Inc.                                                                          | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1251208.28   | 0.37%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                               | MH Sub I LLC (Micro Holding Corp.), First Lien, CME Term Loan                                     | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1638803 | PA      | $1525004.37   | 0.45%             | 2028-05-03      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                    | OneDigital Borrower LLC, First Lien, CME Term Loan                                                | CUSIP: 68277FAP4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    135379 | PA      | $135606.50    | 0.04%             | 2031-07-02      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| IGT Holding IV AB                                          | IGT Holding IV AB, First Lien, CME Term Loan, B5                                                  | CUSIP: W5000CAC1<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |   2928000 | PA      | $2955464.64   | 0.87%             | 2031-08-29      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Fender Musical Instruments Corp.                           | Fender Musical Instruments Corp., First Lien, Initial CME Term Loan                               | CUSIP: 31446UAN0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1857909 | PA      | $1676186.66   | 0.50%             | 2028-12-01      | Variable      | 8.42%                 | No            |                  2 | On Loan: No      |
| Kodiak Building Partners, Inc.                             | Kodiak Building Partners, Inc., First Lien, CME Term Loan, B                                      | CUSIP: 50011JAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1827790 | PA      | $1821128.04   | 0.54%             | 2031-12-04      | Variable      | 8.04%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                              | Surgery Center Holdings, Inc., First Lien, 2025 Refinancing CME Term Loan                         | CUSIP: 86880NBD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1975000 | PA      | $1979710.38   | 0.59%             | 2030-12-19      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                             | Core & Main LP, First Lien, CME Term Loan, D                                                      | CUSIP: 40416VAG0<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |   1239479 | PA      | $1240644.37   | 0.37%             | 2028-07-27      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Horizon US Finco LP                                        | Horizon US Finco LP, First Lien, CME Term Loan, B                                                 | CUSIP: 44057XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1788280 | PA      | $1768162.08   | 0.52%             | 2031-10-31      | Variable      | 9.06%                 | No            |                  2 | On Loan: No      |
| Colossus Acquireco LLC                                     | Colossus Acquireco LLC, First Lien, Initial CME Term Loan                                         | CUSIP: 19682LAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $2985270.00   | 0.88%             | 2032-07-30      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                                   | Virgin Media Bristol LLC, First Lien, Term Loan, Y3                                               | CUSIP: G9368PBK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $982565.00    | 0.29%             | 2031-03-31      | Fixed         | 7.58%                 | No            |                  2 | On Loan: No      |
| Vertex Aerospace Services Corp.                            | Vertex Aerospace Services Corp., First Lien, 2024 CME Term Loan                                   | CUSIP: 92532MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    497500 | PA      | $499211.40    | 0.15%             | 2030-12-06      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                | Beach Acquisition Bidco LLC, First Lien, CME Term Loan, B                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    101095 | PA      | $101853.41    | 0.03%             | 2032-06-25      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Jazz Financing Lux SARL                                    | Jazz Financing Lux SARL, First Lien, Dollar CME Term Loan, B2                                     | CUSIP: G5080AAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |      2567 | PA      | $2576.20      | 0.00%             | 2028-05-05      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Prometric Holdings, Inc.                                   | Prometric Holdings, Inc., First Lien, Initial CME Term Loan                                       | CUSIP: 80358TAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    625000 | PA      | $629296.88    | 0.19%             | 2032-06-25      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                           | CSC Holdings LLC, First Lien, Term Loan, B5                                                       | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |   1224093 | PA      | $1200058.19   | 0.35%             | 2027-04-15      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| UKG, Inc.                                                  | UKG, Inc., First Lien, Initial CME Term Loan                                                      | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   2602358 | PA      | $2604101.73   | 0.77%             | 2031-02-10      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| AMG Critical Materials NV                                  | AMG Critical Materials NV, First Lien, Initial CME Term Loan                                      | CUSIP: N7900LAC8<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    493606 | PA      | $492989.14    | 0.15%             | 2028-11-30      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| Grifols Worldwide Operations USA, Inc.                     | Grifols Worldwide Operations USA, Inc., First Lien, CME Term Loan, B                              | CUSIP: 39843PAG8<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |   1414912 | PA      | $1413390.91   | 0.42%             | 2027-11-15      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Greystar Real Estate Partners LLC                          | Greystar Real Estate Partners LLC, First Lien, CME Term Loan, B3                                  | CUSIP: 39806LAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    495000 | PA      | $496237.50    | 0.15%             | 2030-08-21      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Golden State Foods                                         | Golden State Foods LLC, First Lien, Initial CME Term Loan                                         | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    560749 | PA      | $564822.40    | 0.17%             | 2031-12-04      | Variable      | 8.36%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Putnam Funds Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer