# EDGAR Filing Document

**Accession Number:** 0000884121
**File Stem:** 0001410368-26-056061
**Filing Date:** 2026-5
**Character Count:** 52730
**Document Hash:** 29e410d0b95001bcadbab7990ed1e14d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-056061.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001410368-26-056061

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn Life Sciences Investors
- **CENTRAL INDEX KEY:** 0000884121

**ORGANIZATION NAME:**
- **EIN:** 043147016
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06565
- **FILM NUMBER:** 261040897

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 6177728515

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEKLA LIFE SCIENCES INVESTORS
- **DATE OF NAME CHANGE:** 20141015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** H&Q LIFE SCIENCES INVESTORS
- **DATE OF NAME CHANGE:** 19920929

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** abrdn Life Sciences Investors

- **b. Investment Company Act file number:** 811-06565

- **c. CIK number of Registrant:** 0000884121

- **d. LEI of Registrant:** 5493007BYZPSOVVS0M04

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

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

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

- **a. Name of Series:** abrdn Life Sciences Investors

- **c. LEI of Series:** 5493007BYZPSOVVS0M04

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $561849914.52

**Total Liabilities:** $1022359.30

**Net Assets:** $560827555.22

**Cash Not Reported:** $0.71

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.07%                | 1.52%                | -2.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7128048.81              | $-5172205.61                               |
| Month 2  | $8326182.64              | $37478.43                                  |
| Month 3  | $7862996.71              | $-8545161.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abivax SA                           | Abivax SA                                                  | CUSIP: 00370M103<br>LEI: 969500D8TMNB184OJU95 | Long             | EC               | CORP              | FR        |     58444 | NS      | $6507739.40   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp       | Adaptive Biotechnologies Corp                              | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |    394969 | NS      | $5482169.72   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Jade Biosciences Inc                | Jade Biosciences Inc                                       | CUSIP: 008064206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    277555 | NS      | $3899647.75   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AgomAb Therapeutics NV              | AgomAb Therapeutics NV                                     | CUSIP: 00860C102<br>LEI: 894500APP6UE5N4PKJ68 | Long             | EC               | CORP              | BE        |    141787 | NS      | $1487345.63   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Allogene Therapeutics Inc           | Allogene Therapeutics Inc                                  | CUSIP: 019770106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1462219 | NS      | $3567814.36   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc         | Alnylam Pharmaceuticals Inc                                | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     30216 | NS      | $9997567.92   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                           | Amgen Inc                                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     18629 | NS      | $6554613.65   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Therapeutics Inc             | Apogee Therapeutics Inc                                    | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76841 | NS      | $6467706.97   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcus Biosciences Inc               | Arcus Biosciences Inc                                      | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140418 | NS      | $3033028.80   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcutis Biotherapeutics Inc         | Arcutis Biotherapeutics Inc                                | CUSIP: 03969K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144311 | NS      | $3399967.16   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                           | Argenx SE                                                  | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     19643 | NS      | $14344300.75  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrowhead Pharmaceuticals Inc       | Arrowhead Pharmaceuticals Inc                              | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    143265 | NS      | $8982715.50   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                 | Ascendis Pharma A/S                                        | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     11544 | NS      | $2640459.12   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Avalo Therapeutics Inc              | Avalo Therapeutics Inc                                     | CUSIP: 05338F306<br>LEI: 549300GPK6FPJ3X8SZ39 | Long             | EC               | CORP              | US        |    171679 | NS      | $2563167.47   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics Inc             | Axsome Therapeutics Inc                                    | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |     73746 | NS      | $12464548.92  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BioCryst Pharmaceuticals Inc        | BioCryst Pharmaceuticals Inc                               | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |    996017 | NS      | $9482081.84   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Caribou Biosciences Inc             | Caribou Biosciences Inc                                    | CUSIP: 142038108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1212541 | NS      | $2303827.90   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA CHINOOK THERAPE              | CONTRA CHINOOK THERAPE                                     | CUSIP: 169CVR016<br>LEI: 549300X0O3003W5QYQ48 | N/A              | DE               |  | US        |     59063 | NS      | $18900.16     | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Codexis Inc                         | Codexis Inc                                                | CUSIP: 192005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3090272 | NS      | $5037143.36   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Biosciences Inc              | Cogent Biosciences Inc                                     | CUSIP: 19240Q201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97873 | NS      | $3767131.77   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Corbus Pharmaceuticals Holdings Inc | Corbus Pharmaceuticals Holdings Inc                        | CUSIP: 21833P301<br>LEI: 529900MX6XCNZC7MM155 | Long             | EC               | CORP              | US        |    543719 | NS      | $5105521.41   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals Inc       | Crinetics Pharmaceuticals Inc                              | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |    312153 | NS      | $11337396.96  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                    | Cytokinetics Inc                                           | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    150025 | NS      | $9888147.75   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Denali Therapeutics Inc             | Denali Therapeutics Inc                                    | CUSIP: 24823R105<br>LEI: 549300ZTQ2HO18L3Q830 | Long             | EC               | CORP              | US        |    664716 | NS      | $12762547.20  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Disc Medicine Inc                   | Disc Medicine Inc                                          | CUSIP: 254604101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99339 | NS      | $6351735.66   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dyne Therapeutics Inc               | Dyne Therapeutics Inc                                      | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    763959 | NS      | $13850576.67  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewise Therapeutics Inc           | Edgewise Therapeutics Inc                                  | CUSIP: 28036F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    353076 | NS      | $11121894.00  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Equillium Inc                       | Equillium Inc                                              | CUSIP: 29446K106<br>LEI: 549300OC7SSPSNNGHE64 | Long             | EC               | CORP              | US        |   3352837 | NS      | $6705674.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Inc                        | EyePoint Inc                                               | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |    616005 | NS      | $7940304.45   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulcrum Therapeutics Inc            | Fulcrum Therapeutics Inc                                   | CUSIP: 359616109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1518506 | NS      | $11646941.02  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA FUSION PHARMACE              | CONTRA FUSION PHARMACE                                     | CUSIP: 361CVR012<br>LEI: N/A                  | N/A              | DE               |  | CA        |      3256 | NS      | $4493.28      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRAIL Inc                           | GRAIL Inc                                                  | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |     73603 | NS      | $3803803.04   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc                 | Guardant Health Inc                                        | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     40219 | NS      | $3715029.03   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ideaya Biosciences Inc              | Ideaya Biosciences Inc                                     | CUSIP: 45166A102<br>LEI: 549300ULW08F62IJML11 | Long             | EC               | CORP              | US        |    210611 | NS      | $7017558.52   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunocore Holdings PLC             | Immunocore Holdings PLC                                    | CUSIP: 45258D105<br>LEI: 213800IUE3DFS84BVN18 | Long             | EC               | CORP              | GB        |     49941 | NS      | $1505721.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunovant Inc                      | Immunovant Inc                                             | CUSIP: 45258J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    441498 | NS      | $10966810.32  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Immunic Inc                         | Immunic Inc                                                | CUSIP: 4525EP101<br>LEI: 549300R5T12FW5MEQB20 | Long             | EC               | CORP              | US        |   3028916 | NS      | $3362096.76   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                          | Insmed Inc                                                 | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    104142 | NS      | $17029299.84  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals Inc           | Ionis Pharmaceuticals Inc                                  | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     34943 | NS      | $2623869.87   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Iovance Biotherapeutics Inc         | Iovance Biotherapeutics Inc                                | CUSIP: 462260100<br>LEI: 2549002L8WT2ACU5Q878 | Long             | EC               | CORP              | US        |    155000 | NS      | $544050.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc                 | Krystal Biotech Inc                                        | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |     11430 | NS      | $2952597.60   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| LENZ Therapeutics Inc               | LENZ Therapeutics Inc                                      | CUSIP: 52635N103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    371775 | NS      | $3401741.25   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lexeo Therapeutics Inc              | Lexeo Therapeutics Inc                                     | CUSIP: 52886X107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    245904 | NS      | $1411488.96   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Willow Laboratories Inc.            | Willow Laboratories Inc.                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130000 | NS      | $13.00        | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Maze Therapeutics Inc               | Maze Therapeutics Inc                                      | CUSIP: 578784100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54644 | NS      | $1631123.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc          | Neurocrine Biosciences Inc                                 | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     16247 | NS      | $2140379.78   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvalent Inc                        | Nuvalent Inc                                               | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55694 | NS      | $5705850.30   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ocular Therapeutix Inc              | Ocular Therapeutix Inc                                     | CUSIP: 67576A100<br>LEI: 529900ABAWFXOHSIHG03 | Long             | EC               | CORP              | US        |    182062 | NS      | $1542065.14   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oruka Therapeutics Inc              | Oruka Therapeutics Inc                                     | CUSIP: 687604108<br>LEI: 529900TG7O4ESUDMGI54 | Long             | EC               | CORP              | US        |     75680 | NS      | $3712104.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Palisade Bio Inc                    | Palisade Bio Inc                                           | CUSIP: 696389402<br>LEI: 549300W6LIDX3I5XXT34 | Long             | EC               | CORP              | US        |    662900 | NS      | $1160075.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Palvella Therapeutics Inc           | Palvella Therapeutics Inc                                  | CUSIP: 697947109<br>LEI: 254900AJDH8PAOOI5T33 | Long             | EC               | CORP              | US        |     26322 | NS      | $3281037.30   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Personalis Inc                      | Personalis Inc                                             | CUSIP: 71535D106<br>LEI: 549300EZ2NYFK7H0US48 | Long             | EC               | CORP              | US        |   1430790 | NS      | $9114132.30   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Praxis Precision Medicines Inc      | Praxis Precision Medicines Inc                             | CUSIP: 74006W207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28244 | NS      | $9099934.36   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Precision BioSciences Inc           | Precision BioSciences Inc                                  | CUSIP: 74019P207<br>LEI: 549300I5QGRS3BLHZH41 | Long             | EC               | CORP              | US        |   1085970 | NS      | $5972835.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Quoin Pharmaceuticals Ltd           | Quoin Pharmaceuticals Ltd                                  | CUSIP: 74907L409<br>LEI: 549300BWL6XZSU0ZFR32 | Long             | EC               | CORP              | IL        |     34600 | NS      | $228360.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc       | Regeneron Pharmaceuticals Inc                              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     12398 | NS      | $9579190.72   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc            | Revolution Medicines Inc                                   | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |     36678 | NS      | $3566935.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc          | Rhythm Pharmaceuticals Inc                                 | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |     32407 | NS      | $2818436.79   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Pharmaceuticals Inc          | Rocket Pharmaceuticals Inc                                 | CUSIP: 77313F106<br>LEI: 549300R7VV82YUIN4Y93 | Long             | EC               | CORP              | US        |    664821 | NS      | $2380059.18   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors        | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    851602 | NS      | $851602.38    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc            | Sarepta Therapeutics Inc                                   | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |    416313 | NS      | $9058970.88   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                | GeneDx Holdings Corp                                       | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27631 | NS      | $1774462.82   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Shattuck Labs Inc                   | Shattuck Labs Inc                                          | CUSIP: 82024L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1159321 | NS      | $7454434.03   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ARS Pharmaceuticals Inc             | ARS Pharmaceuticals Inc                                    | CUSIP: 82835W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    638505 | NS      | $5127195.15   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sionna Therapeutics Inc             | Sionna Therapeutics Inc                                    | CUSIP: 829401108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168051 | NS      | $6737164.59   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc             | Soleno Therapeutics Inc                                    | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |     97455 | NS      | $3262793.40   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SpyGlass Pharma Inc                 | SpyGlass Pharma Inc                                        | CUSIP: 85220G109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35455 | NS      | $918639.05    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc          | Structure Therapeutics Inc                                 | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    119693 | NS      | $5769202.60   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Therapeutics Inc             | Summit Therapeutics Inc                                    | CUSIP: 86627T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    238231 | NS      | $4516859.76   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals Inc          | Syndax Pharmaceuticals Inc                                 | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |    286969 | NS      | $6703595.84   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Taysha Gene Therapies Inc           | Taysha Gene Therapies Inc                                  | CUSIP: 877619106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1021063 | NS      | $4564151.61   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Tectonic Therapeutic Inc            | Tectonic Therapeutic Inc                                   | CUSIP: 878972108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    370884 | NS      | $11464024.44  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI Inc                       | Tempus AI Inc                                              | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Long             | EC               | CORP              | US        |     62796 | NS      | $2839635.12   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc            | Travere Therapeutics Inc                                   | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    203913 | NS      | $6058255.23   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TScan Therapeutics Inc              | TScan Therapeutics Inc                                     | CUSIP: 89854M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    836783 | NS      | $845150.83    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp               | Twist Bioscience Corp                                      | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     24817 | NS      | $1179303.84   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HIBERCELL,INC. SERIES C             | HIBERCELL,INC. SERIES C                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    719652 | NS      | $333630.67    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ABCURO, INC.                        | ABCURO, INC.                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    232252 | NS      | $1274993.80   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Vaxcyte Inc                         | Vaxcyte Inc                                                | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    286930 | NS      | $16673502.30  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| VeraDermics Inc                     | VeraDermics Inc                                            | CUSIP: 922967104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155623 | NS      | $9827592.45   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                        | Vericel Corp                                               | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |    118643 | NS      | $3816745.31   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc          | Vertex Pharmaceuticals Inc                                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      9163 | NS      | $4091646.02   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Afferent Milestone Interest         | AFFERENT MILESTONE INTEREST                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11232 | NS      | $0.01         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NEUROVANCE MILESTONE INTEREST       | NEUROVANCE MILESTONE INTEREST                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34055 | NS      | $11457801.39  | 2.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ETHISMOS RESEARCH, INC. MILEST      | ETHISMOS RESEARCH, INC. MILEST                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       820 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HIBERCELL, INC. SERIES B            | HIBERCELL, INC. SERIES B                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1305163 | NS      | $538379.74    | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BIOTHERYX, INC. SERIES E            | BIOTHERYX, INC. SERIES E                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    609524 | NS      | $307992.48    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Incendia Therapeutics, Inc.         | Incendia Therapeutics, Inc.                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    832650 | NS      | $302002.16    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RECODE THERAPEUTICS                 | RECODE THERAPEUTICS                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    155959 | NS      | $1440000.64   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ARBOR BIOTECHNOLOGIES               | ARBOR BIOTECHNOLOGIES                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     38624 | NS      | $639999.68    | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HOTSPOT THERAPEUTICS, INC.          | HOTSPOT THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    284119 | NS      | $920801.27    | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| QUELL THERAPEUTICS                  | QUELL THERAPEUTICS                                         | CUSIP: 000000000<br>LEI: 2138003MLPFKHCR6UX19 | Long             | EP               | CORP              | US        |    846561 | NS      | $1760000.32   | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ENDEAVOR BIOMEDICINES, INC.         | ENDEAVOR BIOMEDICINES, INC.                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    296855 | NS      | $1399997.87   | 0.25%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AMPHIVENA MILESTONE INTEREST        | AMPHIVENA MILESTONE INTEREST                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       100 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| QLARIS BIO, INC.                    | QLARIS BIO, INC.                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1974522 | NS      | $1549999.77   | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ENGRAIL THERAPEUTICS INC. SERI      | ENGRAIL THERAPEUTICS INC. SERI                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2124646 | NS      | $1266501.48   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HIBERCELL, INC.                     | HIBERCELL, INC.                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206589 | PA      | $206589.00    | 0.04%             | 2026-04-30      | Fixed         | 10.00%                | Yes           |                  3 | On Loan: No      |
| HOTSPOT THERAPEUTICS, INC.          | HOTSPOT THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    323870 | PA      | $323870.21    | 0.06%             | 2028-04-12      | Fixed         | 6.00%                 | Yes           |                  3 | On Loan: No      |
| ENDEAVOR BIOMEDICINES INC.          | ENDEAVOR BIOMEDICINES INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     54815 | NS      | $357645.95    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INCENDIA THERAPEUTICS, INC.         | INCENDIA THERAPEUTICS, INC.                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    738460 | PA      | $738460.00    | 0.13%             | 2026-04-18      | Fixed         | 8.00%                 | Yes           |                  3 | On Loan: No      |
| AMOLYT MILESTONE                    | AMOLYT MILESTONE                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      6849 | NS      | $1093995.91   | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| THIRD ARC BIO, INC                  | THIRD ARC BIO, INC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1050280 | NS      | $2209999.18   | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GLYCOMINE, INC.                     | GLYCOMINE, INC.                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2655105 | NS      | $1593063.00   | 0.28%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SEISMIC THERAPEUTICS, INC.          | SEISMIC THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    282340 | NS      | $1274990.97   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INVETX MILESTONE INTEREST           | INVETX MILESTONE INTEREST                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     13999 | NS      | $697271.76    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HIBERCELL INC.                      | HIBERCELL INC.                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |   2582362 | NS      | $2.58         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ATALANTA THERAPEUTICS               | ATALANTA THERAPEUTICS                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    777778 | NS      | $700000.20    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ARBOR BIOTECHNOLOGIES               | ARBOR BIOTECHNOLOGIES                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    389294 | NS      | $1599998.34   | 0.29%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NUVIG THERAPEUTICS, INC             | NUVIG THERAPEUTICS, INC                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    739010 | NS      | $774999.79    | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AVICEDA THERAPEUTICS                | AVICEDA THERAPEUTICS                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     38906 | NS      | $224090.78    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IMMUNIC INC.                        | IMMUNIC INC.                                               | CUSIP: 000000000<br>LEI: 549300R5T12FW5MEQB20 | N/A              | DE               |  | US        |   2311826 | NS      | $2566126.86   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| IMMUNIC INC.                        | IMMUNIC INC.                                               | CUSIP: 000000000<br>LEI: 549300R5T12FW5MEQB20 | N/A              | DE               |  | US        |   2311826 | NS      | $1678848.04   | 0.30%             |  |  |  | No            |                  3 | On Loan: No      |
| ABCURO INC.                         | ABCURO INC.                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     51403 | NS      | $310407.30    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CRYSTALYS THERAPEUTICS SER A        | CRYSTALYS THERAPEUTICS SER A                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1020512 | NS      | $1022399.95   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CURASEN THERAPEUTICS, INC.          | CURASEN THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1379821 | NS      | $661624.17    | 0.12%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CURASEN THERAPEUTICS, INC.          | CURASEN THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   9049182 | NS      | $4339082.77   | 0.77%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HOTSPOT THERAPEUTICS, INC.          | HOTSPOT THERAPEUTICS, INC.                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1291668 | NS      | $3100003.20   | 0.55%             |  |  |  | Yes           |                  3 | On Loan: No      |
| IO LIGHT HOLDINIGS, INC.            | IO LIGHT HOLDINIGS, INC.                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    421634 | NS      | $42.16        | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PRIOTHERA LIMITED                   | PRIOTHERA LIMITED                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | IE        |    152534 | NS      | $17.63        | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Xenon Pharmaceuticals Inc           | Xenon Pharmaceuticals Inc                                  | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |    202664 | NS      | $11784911.60  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INCENDIA THERAPEUTICS, INC.         | INCENDIA THERAPEUTICS, INC.                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257586 | PA      | $257585.68    | 0.05%             | 2026-09-09      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| RECODE THERAPEUTICS, INC.           | RECODE THERAPEUTICS, INC.                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75939 | PA      | $75939.03     | 0.01%             | 2027-03-23      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| VERADERMICS, INC.                   | VERADERMICS, INC.                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    109305 | NS      | $6902610.75   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QLARIS BIO, INC.                    | QLARIS BIO, INC.                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    191578 | PA      | $191578.00    | 0.03%             | 2027-04-30      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| HIBERCELL INC.                      | HIBERCELL INC.                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $320000.00    | 0.06%             | 2026-04-30      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| OCULIS HOLDINGS AG                  | OCULIS HOLDINGS AG                                         | CUSIP: 000000000<br>LEI: 5067005370C2KK324336 | Long             | EC               | CORP              | US        |      8974 | NS      | $238618.66    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EVOMMUNE                            | EVOMMUNE                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58305 | NS      | $1340431.95   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| IMMUNIC                             | IMMUNIC                                                    | CUSIP: 000000000<br>LEI: 549300R5T12FW5MEQB20 | N/A              | DE               |  | US        |   4444604 | NS      | $4933510.44   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| IMMUNIC                             | IMMUNIC                                                    | CUSIP: 000000000<br>LEI: 549300R5T12FW5MEQB20 | N/A              | DE               |  | US        |   4444604 | NS      | $2156521.86   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HIBERCELL, INC. SERIES C            | HIBERCELL, INC. SERIES C                                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    719652 | NS      | $0.72         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RECODE THERAPEUTICS, INC.           | RECODE THERAPEUTICS, INC.                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     75939 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PRECISION BIOSCIENCES               | PRECISION BIOSCIENCES                                      | CUSIP: 000000000<br>LEI: 549300I5QGRS3BLHZH41 | N/A              | DE               |  | US        |    336267 | NS      | $1032642.33   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HIBERCELL INC.                      | HIBERCELL INC.                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |   4000000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Options Clearing Corp.              | ROCKET PHARMACEUTICALS INC                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -3500 | NC      | $-59500.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.              | ROCKET PHARMACEUTICALS INC                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -700 | NC      | $-2800.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.              | GRAIL INC                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -124 | NC      | $-3720.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Biohaven Ltd                        | Biohaven Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    771452 | NS      | $6526483.92   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC            | Jazz Pharmaceuticals PLC                                   | CUSIP: 000000000<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     17872 | NS      | $3378701.60   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Oculis Holding AG                   | Oculis Holding AG                                          | CUSIP: 000000000<br>LEI: 5067005370C2KK324336 | Long             | EC               | CORP              | CH        |    253740 | NS      | $6746946.60   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Immatics NV                         | Immatics NV                                                | CUSIP: 000000000<br>LEI: 984500DC691EZ96AF394 | Long             | EC               | CORP              | NL        |    238738 | NS      | $2349181.92   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Newamsterdam Pharma Co NV           | Newamsterdam Pharma Co NV                                  | CUSIP: 000000000<br>LEI: 984500B6549TF6E14D36 | Long             | EC               | CORP              | NL        |    157389 | NS      | $5038021.89   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                          | uniQure NV                                                 | CUSIP: 000000000<br>LEI: 724500RPCTZLFYJZ3S98 | Long             | EC               | CORP              | NL        |    972920 | NS      | $15907242.00  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| WaVe Life Sciences Ltd              | WaVe Life Sciences Ltd                                     | CUSIP: 000000000<br>LEI: 54930070006GPKFYZ813 | Long             | EC               | CORP              | SG        |    150000 | NS      | $1087500.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** abrdn Life Sciences Investors

**Signature:** Sharon Ferrari

**Name of Signer:** Sharon Ferrari

**Title:** Assistant Treasurer