# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001752724-23-018133
**Filing Date:** 2023-1
**Character Count:** 110585
**Document Hash:** bac00c3f7b8a8857eaa486a3f7bc51ee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-018133.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-018133

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 23567905

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco Senior Loan ETF (Series ID: S000031053)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000096299 | Invesco Senior Loan ETF | BKLN            |

## Nport-Ex

Schedule of Investments<br>

### Invesco Senior Loan ETF (BKLN)
November 30, 2022

(Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)** | &nbsp;&nbsp;**Value** |
| **Variable Rate Senior Loan Interests-91.62%<sup>(a)(b)</sup>** |  |  |  |  |
| **Aerospace & Defense-2.73%** |  |  |  |  |
| Peraton Corp., First Lien Term Loan B (1 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.82% | &nbsp;&nbsp;02/01/2028 | $&nbsp;&nbsp;75446 | &nbsp;&nbsp;$73854278 |
| TransDigm, Inc., Term Loan F (3 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;5.92% | &nbsp;&nbsp;12/09/2025 | &nbsp;&nbsp;35902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35441516 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;109295794 |
| **Air Transport-4.48%** |  |  |  |  |
| AAdvantage Loyalty IP Ltd., Term Loan B (3 mo. USD LIBOR + 4.75%)<br>| &nbsp;&nbsp;8.99% | &nbsp;&nbsp;04/20/2028 | &nbsp;&nbsp;44516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44320765 |
| Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., Term Loan (3 mo. USD LIBOR + 5.25%)<br>| &nbsp;&nbsp;8.78% | &nbsp;&nbsp;06/21/2027 | &nbsp;&nbsp;36830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37934405 |
| SkyMiles IP Ltd. (Delta Air Lines, Inc.), Term Loan (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.99% | &nbsp;&nbsp;10/20/2027 | &nbsp;&nbsp;37542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38131327 |
| United Airlines, Inc., Term Loan B (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;8.11% | &nbsp;&nbsp;04/21/2028 | &nbsp;&nbsp;&nbsp;59850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59273211 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;179659708 |
| **Automotive-1.21%** |  |  |  |  |
| Panther BF Aggregator 2 L.P., Term Loan (Canada) (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;7.32% | &nbsp;&nbsp;04/30/2026 | &nbsp;&nbsp;49026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48377556 |
| **Beverage & Tobacco-0.86%** |  |  |  |  |
| Triton Water Holdings, Inc., First Lien Term Loan (3 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;7.17% | &nbsp;&nbsp;03/31/2028 | &nbsp;&nbsp;37238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34526937 |
| **Building & Development-2.54%** |  |  |  |  |
| Cornerstone Building Brands, Inc., Term Loan B (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;7.12% | &nbsp;&nbsp;04/12/2028 | &nbsp;&nbsp;28761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25745252 |
| DTZ U.S. Borrower LLC, Term Loan (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.50% | &nbsp;&nbsp;&nbsp;08/21/2025 | &nbsp;&nbsp;24467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23907394 |
| LBM Holdings LLC, Term Loan (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.12% | &nbsp;&nbsp;12/17/2027 | &nbsp;&nbsp;&nbsp;36808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31839140 |
| Quikrete Holdings, Inc., First Lien Term Loan (1 mo. USD LIBOR + 2.63%)<br>| &nbsp;&nbsp;6.70% | &nbsp;&nbsp;02/01/2027 | &nbsp;&nbsp;20771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20449904 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;101941690 |
| **Business Equipment & Services-8.46%** |  |  |  |  |
| Allied Universal Holdco LLC, Term Loan (1 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.82% | &nbsp;&nbsp;&nbsp;05/12/2028 | &nbsp;&nbsp;54643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51765065 |
| Asurion LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Second Lien Term Loan B-4 (1 mo. USD LIBOR + 5.25%)<br>| &nbsp;&nbsp;9.32% | &nbsp;&nbsp;01/20/2029 | &nbsp;&nbsp;30350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23559220 |
| &nbsp;&nbsp;&nbsp;Term Loan B-8 (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;7.32% | &nbsp;&nbsp;12/23/2026 | &nbsp;&nbsp;45998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40387450 |
| Brand Energy & Infrastructure Services, Inc., Term Loan (3 mo. USD LIBOR + 4.25%)<br>| &nbsp;&nbsp;8.61% | &nbsp;&nbsp;06/21/2024 | &nbsp;&nbsp;33114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29308826 |
| Citrix Systems, Inc., Term Loan B (3 mo. Term SOFR + 4.50%)<br>| &nbsp;&nbsp;8.15% | &nbsp;&nbsp;03/20/2029 | &nbsp;&nbsp;54867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49978437 |
| Dun & Bradstreet Corp. (The), Term Loan (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;6.85% | &nbsp;&nbsp;02/06/2026 | &nbsp;&nbsp;36683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36261174 |
| Mitchell International, Inc., First Lien Term Loan (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;8.41% | &nbsp;&nbsp;10/01/2028 | &nbsp;&nbsp;10238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9610603 |
| Prime Security Services Borrower LLC, Term Loan B-1 (3 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.50% | &nbsp;&nbsp;09/23/2026 | &nbsp;&nbsp;16281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16076474 |
| Solera (Polaris Newco LLC), Term Loan B (3 mo. USD LIBOR + 4.00%)<br>| &nbsp;&nbsp;7.67% | &nbsp;&nbsp;06/02/2028 | &nbsp;&nbsp;51126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46884161 |
| Trans Union LLC, First Lien Term Loan (1 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;6.32% | &nbsp;&nbsp;11/30/2028 | &nbsp;&nbsp;&nbsp;36002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35457775 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;339289185 |
| **Cable & Satellite Television-4.26%** |  |  |  |  |
| Charter Communications Operating LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan B-1 (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.83% | &nbsp;&nbsp;04/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5055 |
| &nbsp;&nbsp;&nbsp;Term Loan B-2 (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.83% | &nbsp;&nbsp;02/01/2027 | &nbsp;&nbsp;49846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48697509 |
| CSC Holdings LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan (1 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;6.12% | &nbsp;&nbsp;07/17/2025 | &nbsp;&nbsp;46114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44292903 |
| &nbsp;&nbsp;&nbsp;Term Loan (1 mo. USD LIBOR + 2.50%)<br>| &nbsp;&nbsp;6.37% | &nbsp;&nbsp;04/15/2027 | &nbsp;&nbsp;19598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18446387 |
| Numericable-SFR S.A., Incremental Term Loan B-13 (France) (3 mo. USD LIBOR + 4.00%)<br>| &nbsp;&nbsp;6.91% | &nbsp;&nbsp;&nbsp;08/14/2026 | &nbsp;&nbsp;&nbsp;&nbsp;1721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1666189 |
| Virgin Media 02 - LG, Term Loan N (United Kingdom) (1 mo. USD LIBOR + 2.50%)<br>| &nbsp;&nbsp;6.37% | &nbsp;&nbsp;01/31/2028 | &nbsp;&nbsp;34299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33506266 |
| Vodafone Ziggo - LG, Term Loan I (1 mo. USD LIBOR + 2.50%)<br>| &nbsp;&nbsp;6.37% | &nbsp;&nbsp;04/30/2028 | &nbsp;&nbsp;&nbsp;24980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24225504 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;170839813 |
| **Chemicals & Plastics-1.06%** |  |  |  |  |
| AkzoNoble Chemicals, Term Loan (3 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;7.16% | &nbsp;&nbsp;10/01/2025 | &nbsp;&nbsp;43609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42660252 |
| **Containers & Glass Products-2.14%** |  |  |  |  |
| Berry Global, Inc., Term Loan Z (3 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.63% | &nbsp;&nbsp;07/01/2026 | &nbsp;&nbsp;47535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47023943 |
| Flex Acquisition Co., Inc., First Lien Term Loan B (1 mo. SOFR + 4.18%)<br>| &nbsp;&nbsp;8.36% | &nbsp;&nbsp;04/13/2029 | &nbsp;&nbsp;39963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38668115 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85692058 |
| **Cosmetics & Toiletries-0.79%** |  |  |  |  |
| Bausch and Lomb, Inc., Term Loan (1 mo. SOFR + 3.35%)<br>| &nbsp;&nbsp;7.15% | &nbsp;&nbsp;&nbsp;05/05/2027 | &nbsp;&nbsp;33138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31505987 |
| **Drugs-2.23%** |  |  |  |  |
| Amneal Pharmaceuticals LLC, Term Loan (1 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;7.63% | &nbsp;&nbsp;&nbsp;05/04/2025 | &nbsp;&nbsp;33575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30802098 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Senior Loan ETF (BKLN)—(continued)<br>
November 30, 2022

(Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)** | &nbsp;&nbsp;**Value** |
| **Drugs-(continued)** |  |  |  |  |
| Jazz Pharmaceuticals, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.57% | &nbsp;&nbsp;04/21/2028 | $&nbsp;&nbsp;37892 | &nbsp;&nbsp;$37663840 |
| Valeant Pharmaceuticals International, Inc., Term Loan B (Canada) (1 mo. SOFR + 5.25%)<br>| &nbsp;&nbsp;13.77% | &nbsp;&nbsp;01/27/2027 | &nbsp;&nbsp;&nbsp;27955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20948671 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89414609 |
| **Electronics & Electrical-13.49%** |  |  |  |  |
| Boxer Parent Co., Inc., Term Loan B (1 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.82% | &nbsp;&nbsp;10/02/2025 | &nbsp;&nbsp;43218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41567817 |
| CDK Global, Inc., Term Loan B (3 mo. SOFR + 4.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.61% | &nbsp;&nbsp;06/09/2029 | &nbsp;&nbsp;&nbsp;18395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18209874 |
| CommScope, Inc., Term Loan (3 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.32% | &nbsp;&nbsp;04/06/2026 | &nbsp;&nbsp;36623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35312681 |
| CoreLogic, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.63% | &nbsp;&nbsp;04/09/2028 | &nbsp;&nbsp;45356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37588378 |
| Finastra USA, Inc., First Lien Term Loan (United Kingdom) (3 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.87% | &nbsp;&nbsp;06/13/2024 | &nbsp;&nbsp;45443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41234715 |
| Hyland Software, Inc., First Lien Term Loan (1 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.57% | &nbsp;&nbsp;07/01/2024 | &nbsp;&nbsp;35533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35078058 |
| McAfee Enterprise, Term Loan B (3 mo. USD LIBOR + 4.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9.17% | &nbsp;&nbsp;07/27/2028 | &nbsp;&nbsp;39990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36141412 |
| McAfee LLC, First Lien Term Loan B (1 mo. SOFR + 3.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.64% | &nbsp;&nbsp;03/01/2029 | &nbsp;&nbsp;69734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66465842 |
| NortonLifeLock, Inc., Term Loan B (1 mo. SOFR + 2.00%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.19% | &nbsp;&nbsp;01/28/2029 | &nbsp;&nbsp;49325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48600038 |
| Open Text Corp., Incremental Term Loan B (Canada)<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;11/16/2029 | &nbsp;&nbsp;18621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18128797 |
| Proofpoint, Inc., Term Loan B (3 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.98% | &nbsp;&nbsp;&nbsp;08/31/2028 | &nbsp;&nbsp;&nbsp;33805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32627096 |
| Quest Software US Holdings, Inc., Term Loan B (3 mo. SOFR + 4.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.49% | &nbsp;&nbsp;01/19/2029 | &nbsp;&nbsp;36991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28252139 |
| RealPage, Inc., Term Loan B (1 mo. USD LIBOR + 3.00%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.07% | &nbsp;&nbsp;04/24/2028 | &nbsp;&nbsp;45609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43739400 |
| Ultimate Software Group, Inc., Term Loan (3 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.00% | &nbsp;&nbsp;&nbsp;05/04/2026 | &nbsp;&nbsp;59733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57847301 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;540793548 |
| **Financial Intermediaries-1.35%** |  |  |  |  |
| Citadel Advisors Holdings L.P., Term Loan B (1 mo. SOFR + 2.61%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.70% | &nbsp;&nbsp;02/15/2028 | &nbsp;&nbsp;&nbsp;41080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40547597 |
| Jane Street Group LLC, First Lien Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.82% | &nbsp;&nbsp;01/26/2028 | &nbsp;&nbsp;13962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13599685 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54147282 |
| **Food Products-0.87%** |  |  |  |  |
| Froneri International PLC, Term Loan B-2 (United Kingdom) (1 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.32% | &nbsp;&nbsp;01/29/2027 | &nbsp;&nbsp;35848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34909710 |
| **Food Service-2.89%** |  |  |  |  |
| IRB Holding Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan (1 mo. SOFR + 3.10%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.89% | &nbsp;&nbsp;12/15/2027 | &nbsp;&nbsp;29774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28707103 |
| &nbsp;&nbsp;&nbsp;Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.82% | &nbsp;&nbsp;&nbsp;02/05/2025 | &nbsp;&nbsp;37567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36963464 |
| New Red Finance, Inc., Term Loan B-4 (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;5.82% | &nbsp;&nbsp;11/19/2026 | &nbsp;&nbsp;50861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50021114 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;115691681 |
| **Health Care-12.68%** |  |  |  |  |
| athenahealth, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Delayed Draw Term Loan<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;0.00% | &nbsp;&nbsp;02/15/2029 | &nbsp;&nbsp;10461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9580098 |
| &nbsp;&nbsp;&nbsp;Term Loan (1 mo. SOFR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.41% | &nbsp;&nbsp;02/15/2029 | &nbsp;&nbsp;61564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56377358 |
| DaVita HealthCare Partners, Inc., Term Loan B-1 (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;5.82% | &nbsp;&nbsp;&nbsp;08/12/2026 | &nbsp;&nbsp;33304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32301728 |
| Elanco Animal Health, Inc., Term Loan (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;5.52% | &nbsp;&nbsp;07/30/2027 | &nbsp;&nbsp;52445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50842895 |
| Gainwell Holding Corp., Term Loan B (3 mo. USD LIBOR + 4.00%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.67% | &nbsp;&nbsp;10/01/2027 | &nbsp;&nbsp;52818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51695775 |
| ICON PLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan (3 mo. USD LIBOR + 2.25%), (Acquired 06/16/2021 - 10/20/2022; Cost $9,563,346)<sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5.94% | &nbsp;&nbsp;07/03/2028 | &nbsp;&nbsp;&nbsp;&nbsp;9657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9625234 |
| &nbsp;&nbsp;&nbsp;Term Loan (Luxembourg) (3 mo. USD LIBOR + 2.25%), (Acquired 06/16/2021 - 10/20/2022; Cost $38,375,948)<sup>(e)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5.94% | &nbsp;&nbsp;07/03/2028 | &nbsp;&nbsp;38752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38623865 |
| LifePoint Health, Inc., First Lien Term Loan B (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.16% | &nbsp;&nbsp;11/16/2025 | &nbsp;&nbsp;&nbsp;41600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38706367 |
| Mozart Debt Merger Sub, Inc., Term Loan (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.32% | &nbsp;&nbsp;10/01/2028 | &nbsp;&nbsp;74896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71265635 |
| Organon & Co., Term Loan B (3 mo. USD LIBOR + 3.00%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.19% | &nbsp;&nbsp;06/02/2028 | &nbsp;&nbsp;31245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31010672 |
| PAREXEL International Corp., Term Loan B (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.00% | &nbsp;&nbsp;11/15/2028 | &nbsp;&nbsp;36814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35481659 |
| Sunshine Luxembourg VII S.a.r.l. (Nestle Skin Health), Term Loan (Switzerland) (3 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.42% | &nbsp;&nbsp;10/01/2026 | &nbsp;&nbsp;41398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39431208 |
| Verscend Holding Corp., Term Loan B-1 (1 mo. USD LIBOR + 4.00%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;8.07% | &nbsp;&nbsp;&nbsp;08/27/2025 | &nbsp;&nbsp;43314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43101378 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;508043872 |
| **Home Furnishings-0.81%** |  |  |  |  |
| Hunter Douglas, Inc., First Lien Term Loan (3 mo. SOFR + 3.50%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;7.86% | &nbsp;&nbsp;02/09/2029 | &nbsp;&nbsp;36886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32406753 |
| **Industrial Equipment-2.41%** |  |  |  |  |
| Madison IAQ LLC, Term Loan (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6.82% | &nbsp;&nbsp;06/21/2028 | &nbsp;&nbsp;30014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28580624 |

---

See accompanying notes which are an integral part of this schedule.

------

November 30, 2022

(Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)** | &nbsp;&nbsp;**Value** |
| **Industrial Equipment-(continued)** |  |  |  |  |
| MKS Instruments, Inc., Term Loan B (3 mo. SOFR + 2.75%)<br>| &nbsp;&nbsp;6.32% | &nbsp;&nbsp;04/11/2029 | $&nbsp;&nbsp;33717 | &nbsp;&nbsp;&nbsp;&nbsp;$32982566 |
| Thyssenkrupp Elevators (Vertical Midco GmbH), Term Loan B (Germany) (6 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;6.87% | &nbsp;&nbsp;07/31/2027 | &nbsp;&nbsp;36606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35165003 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96728193 |
| **Insurance-5.78%** |  |  |  |  |
| Acrisure LLC, Term Loan (1 mo. USD LIBOR + 3.50%)<br>| &nbsp;&nbsp;7.57% | &nbsp;&nbsp;02/15/2027 | &nbsp;&nbsp;&nbsp;43600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40949137 |
| AmWINS Group LLC, Term Loan (1 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;6.32% | &nbsp;&nbsp;02/19/2028 | &nbsp;&nbsp;36233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35552047 |
| HUB International Ltd. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Incremental Term Loan B-3 (3 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;5.98% | &nbsp;&nbsp;04/25/2025 | &nbsp;&nbsp;39997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39405138 |
| &nbsp;&nbsp;&nbsp;Term Loan (3 mo. USD LIBOR + 3.00%)<br>| &nbsp;&nbsp;7.33% | &nbsp;&nbsp;04/25/2025 | &nbsp;&nbsp;47332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46514798 |
| Hyperion Insurance Group Ltd., Term Loan B (United Kingdom) (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;7.38% | &nbsp;&nbsp;11/12/2027 | &nbsp;&nbsp;37290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36414561 |
| USI, Inc., Term Loan (2 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.42% | &nbsp;&nbsp;&nbsp;05/16/2024 | &nbsp;&nbsp;32917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32896800 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231732481 |
| **Leisure Goods, Activities & Movies-1.92%** |  |  |  |  |
| Crown Finance US, Inc., Term Loan (3 mo. USD LIBOR + 2.50%), (Acquired 04/08/2020 - 11/08/2022; Cost $21,091,061)<sup>(e)</sup><br>| &nbsp;&nbsp;4.00% | &nbsp;&nbsp;02/28/2025 | &nbsp;&nbsp;33270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7426872 |
| UFC Holdings LLC, Term Loan B-3 (3 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;7.11% | &nbsp;&nbsp;04/29/2026 | &nbsp;&nbsp;37472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36910339 |
| William Morris Endeavor Entertainment LLC, First Lien Term Loan B-1 (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.83% | &nbsp;&nbsp;&nbsp;05/16/2025 | &nbsp;&nbsp;33235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32451813 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76789024 |
| **Lodging & Casinos-3.36%** |  |  |  |  |
| Caesars Resort Collection LLC, Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.82% | &nbsp;&nbsp;12/23/2024 | &nbsp;&nbsp;47190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46943161 |
| Fertitta Entertainment LLC (Golden Nugget), Term Loan (1 mo. SOFR + 4.00%)<br>| &nbsp;&nbsp;8.09% | &nbsp;&nbsp;01/31/2029 | &nbsp;&nbsp;15026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14368180 |
| Flutter Financing BV (Stars Group), Term Loan (3 mo. LIBOR + 2.25%)<br>| &nbsp;&nbsp;5.89% | &nbsp;&nbsp;07/21/2026 | &nbsp;&nbsp;39649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39208139 |
| Hilton Worldwide Finance LLC, Term Loan B-2 (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.77% | &nbsp;&nbsp;06/22/2026 | &nbsp;&nbsp;34192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33977119 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134496599 |
| **Publishing-0.82%** |  |  |  |  |
| Micro Holding L.P., First Lien Term Loan (1 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.50% | &nbsp;&nbsp;09/13/2024 | &nbsp;&nbsp;33701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32881659 |
| **Radio & Television-1.32%** |  |  |  |  |
| Diamond Sports Holdings LLC, Second Lien Term Loan (1 mo. SOFR + 3.35%)<br>| &nbsp;&nbsp;7.14% | &nbsp;&nbsp;&nbsp;08/24/2026 | &nbsp;&nbsp;45643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7502774 |
| DIRECTV Financing LLC, Term Loan B (1 mo. USD LIBOR + 5.00%)<br>| &nbsp;&nbsp;9.07% | &nbsp;&nbsp;07/25/2027 | &nbsp;&nbsp;47112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45243837 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52746611 |
| **Rail Industries-0.81%** |  |  |  |  |
| Genesee & Wyoming, Inc., Term Loan (3 mo. USD LIBOR + 2.00%)<br>| &nbsp;&nbsp;5.67% | &nbsp;&nbsp;12/30/2026 | &nbsp;&nbsp;&nbsp;32880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32611198 |
| **Retailers (except Food & Drug)-3.35%** |  |  |  |  |
| Bass Pro Group LLC, Term Loan B-2 (1 mo. USD LIBOR + 3.75%)<br>| &nbsp;&nbsp;7.82% | &nbsp;&nbsp;03/06/2028 | &nbsp;&nbsp;55259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53269500 |
| Harbor Freight Tools USA, Inc., Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.82% | &nbsp;&nbsp;10/15/2027 | &nbsp;&nbsp;36823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35071955 |
| Pilot Travel Centers LLC, Term Loan B (1 mo. SOFR + 2.10%)<br>| &nbsp;&nbsp;6.19% | &nbsp;&nbsp;07/31/2028 | &nbsp;&nbsp;46521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45977877 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134319332 |
| **Telecommunications-6.64%** |  |  |  |  |
| CenturyLink, Inc., Term Loan B (1 mo. USD LIBOR + 2.25%)<br>| &nbsp;&nbsp;6.32% | &nbsp;&nbsp;03/15/2027 | &nbsp;&nbsp;54015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51348109 |
| Genesys Telecom Holdings U.S., Inc., Term Loan (1 mo. USD LIBOR + 4.00%)<br>| &nbsp;&nbsp;8.07% | &nbsp;&nbsp;12/01/2027 | &nbsp;&nbsp;35896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34931816 |
| II-VI, Inc., Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.59% | &nbsp;&nbsp;12/15/2028 | &nbsp;&nbsp;36613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36349509 |
| Intelsat Jackson Holdings S.A., Term Loan B (Luxembourg) (6 mo. SOFR + 4.50%)<br>| &nbsp;&nbsp;7.44% | &nbsp;&nbsp;02/01/2029 | &nbsp;&nbsp;&nbsp;40405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39112246 |
| Level 3 Financing, Inc., Term Loan B (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.82% | &nbsp;&nbsp;03/01/2027 | &nbsp;&nbsp;21027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20054840 |
| Radiate Holdco LLC, Term Loan B (1 mo. USD LIBOR + 3.25%)<br>| &nbsp;&nbsp;7.32% | &nbsp;&nbsp;09/25/2026 | &nbsp;&nbsp;46198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40705904 |
| Zayo Group LLC, Term Loan (1 mo. USD LIBOR + 3.00%)<br>| &nbsp;&nbsp;7.07% | &nbsp;&nbsp;03/09/2027 | &nbsp;&nbsp;57293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43542308 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266044732 |
| **Utilities-2.36%** |  |  |  |  |
| Brookfield WEC Holdings, Inc., Term Loan B (1 mo. USD LIBOR + 2.75%)<br>| &nbsp;&nbsp;6.82% | &nbsp;&nbsp;&nbsp;08/01/2025 | &nbsp;&nbsp;40841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40150064 |
| Pacific Gas and Electric Co., Term Loan B (1 mo. USD LIBOR + 3.00%)<br>| &nbsp;&nbsp;7.13% | &nbsp;&nbsp;07/01/2025 | &nbsp;&nbsp;22448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22160284 |
| Vistra Operations Co. LLC, Incremental Term Loan (1 mo. USD LIBOR + 1.75%)<br>| &nbsp;&nbsp;5.82% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;32629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32412455 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94722803 |
| &nbsp;&nbsp;&nbsp;Total Variable Rate Senior Loan Interests<br>(Cost $3,739,325,342) | &nbsp;&nbsp;&nbsp;Total Variable Rate Senior Loan Interests<br>(Cost $3,739,325,342) | &nbsp;&nbsp;&nbsp;Total Variable Rate Senior Loan Interests<br>(Cost $3,739,325,342) | &nbsp;&nbsp;&nbsp;Total Variable Rate Senior Loan Interests<br>(Cost $3,739,325,342) | &nbsp;&nbsp;&nbsp;&nbsp;3672269067 |

---

See accompanying notes which are an integral part of this schedule.

------

November 30, 2022

(Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal<br> Amount<br> (000)** | &nbsp;&nbsp;**Value** |
| **U.S. Dollar Denominated Bonds & Notes-3.22%** |  |  |  |  |
| **Aerospace & Defense-0.22%** |  |  |  |  |
| TransDigm, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;6.25% | &nbsp;&nbsp;03/15/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;9081 | &nbsp;&nbsp;&nbsp;&nbsp;$8957015 |
| **Airlines-0.23%** |  |  |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(f)</sup><br>| &nbsp;&nbsp;5.50% | &nbsp;&nbsp;04/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp;1296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1256311 |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(f)</sup><br>| &nbsp;&nbsp;5.75% | &nbsp;&nbsp;04/20/2029 | &nbsp;&nbsp;&nbsp;&nbsp;3378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3139062 |
| United Airlines, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.38% | &nbsp;&nbsp;04/15/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828807 |
| United Airlines, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.63% | &nbsp;&nbsp;04/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;4478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3965989 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9190169 |
| **Commercial Services & Supplies-0.53%** |  |  |  |  |
| ADT Security Corp. (The)<sup>(f)</sup><br>| &nbsp;&nbsp;4.13% | &nbsp;&nbsp;&nbsp;08/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;8296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7248588 |
| Prime Security Services Borrower LLC/Prime Finance, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;5.75% | &nbsp;&nbsp;04/15/2026 | &nbsp;&nbsp;14160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13900660 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21149248 |
| **Diversified Telecommunication Services-0.35%** |  |  |  |  |
| Altice France S.A. (France)<sup>(f)</sup><br>| &nbsp;&nbsp;5.13% | &nbsp;&nbsp;07/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;3405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2644868 |
| Altice France S.A. (France)<sup>(f)</sup><br>| &nbsp;&nbsp;5.50% | &nbsp;&nbsp;10/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;3615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2855391 |
| CommScope, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;6.00% | &nbsp;&nbsp;03/01/2026 | &nbsp;&nbsp;&nbsp;&nbsp;1690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1633334 |
| CommScope, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.75% | &nbsp;&nbsp;09/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;3634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3048199 |
| Lumen Technologies, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.00% | &nbsp;&nbsp;02/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2561325 |
| Zayo Group Holdings, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.00% | &nbsp;&nbsp;03/01/2027 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435780 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14178897 |
| **Electric Utilities-0.36%** |  |  |  |  |
| PG&E Corp.<br>| &nbsp;&nbsp;5.00% | &nbsp;&nbsp;07/01/2028 | &nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7312160 |
| PG&E Corp.<br>| &nbsp;&nbsp;5.25% | &nbsp;&nbsp;07/01/2030 | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5439930 |
| Vistra Operations Co. LLC<sup>(f)</sup><br>| &nbsp;&nbsp;4.30% | &nbsp;&nbsp;07/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1803806 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14555896 |
| **Health Care Equipment & Supplies-0.19%** |  |  |  |  |
| Medline Borrower L.P.<sup>(f)</sup><br>| &nbsp;&nbsp;3.88% | &nbsp;&nbsp;04/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7682625 |
| **Hotels, Restaurants & Leisure-0.42%** |  |  |  |  |
| 1011778 BC ULC/New Red Finance, Inc. (Canada)<sup>(f)</sup><br>| &nbsp;&nbsp;3.88% | &nbsp;&nbsp;01/15/2028 | &nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13378373 |
| 1011778 BC ULC/New Red Finance, Inc. (Canada)<sup>(f)</sup><br>| &nbsp;&nbsp;3.50% | &nbsp;&nbsp;02/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3409243 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16787616 |
| **Insurance-0.15%** |  |  |  |  |
| Acrisure LLC/Acrisure Finance, Inc.<sup>(f)</sup><br>| &nbsp;&nbsp;4.25% | &nbsp;&nbsp;02/15/2029 | &nbsp;&nbsp;&nbsp;&nbsp;7282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5946455 |
| **Machinery-0.05%** |  |  |  |  |
| TK Elevator US Newco, Inc. (Germany)<sup>(f)</sup><br>| &nbsp;&nbsp;5.25% | &nbsp;&nbsp;07/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807950 |
| **Media-0.47%** |  |  |  |  |
| CSC Holdings LLC<sup>(f)</sup><br>| &nbsp;&nbsp;6.50% | &nbsp;&nbsp;02/01/2029 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1825000 |
| Virgin Media Secured Finance PLC (United Kingdom)<sup>(f)</sup><br>| &nbsp;&nbsp;4.50% | &nbsp;&nbsp;&nbsp;08/15/2030 | &nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9201409 |
| VZ Secured Financing B.V. (Netherlands)<sup>(f)</sup><br>| &nbsp;&nbsp;5.00% | &nbsp;&nbsp;01/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;6190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5130024 |
| Ziggo B.V. (Netherlands)<sup>(f)</sup><br>| &nbsp;&nbsp;4.88% | &nbsp;&nbsp;01/15/2030 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554935 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18711368 |
| **Pharmaceuticals-0.04%** |  |  |  |  |
| Organon & Co./Organon Foreign Debt Co-Issuer B.V.<sup>(f)</sup><br>| &nbsp;&nbsp;4.13% | &nbsp;&nbsp;04/30/2028 | &nbsp;&nbsp;&nbsp;&nbsp;1832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1649331 |
| **Real Estate Management & Development-0.21%** |  |  |  |  |
| Cushman & Wakefield US Borrower LLC<sup>(f)</sup><br>| &nbsp;&nbsp;6.75% | &nbsp;&nbsp;&nbsp;05/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8606660 |
| &nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes<br>(Cost $146,756,828) | &nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes<br>(Cost $146,756,828) | &nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes<br>(Cost $146,756,828) | &nbsp;&nbsp;&nbsp;Total U.S. Dollar Denominated Bonds & Notes<br>(Cost $146,756,828) | &nbsp;&nbsp;&nbsp;&nbsp;129223230 |

---

See accompanying notes which are an integral part of this schedule.

------

November 30, 2022

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Money Market Funds-20.23%** |  |  |
| Invesco Government & Agency Portfolio, Institutional Class, 3.73%<sup>(g)(h)</sup><br>(Cost $810,746,187)<br>| 810746187 | &nbsp;&nbsp;&nbsp;$810746187 |
| TOTAL INVESTMENTS IN SECURITIES-115.07%<br>(Cost $4,696,828,357) | TOTAL INVESTMENTS IN SECURITIES-115.07%<br>(Cost $4,696,828,357) | &nbsp;&nbsp;&nbsp;&nbsp;4612238484 |
| OTHER ASSETS LESS LIABILITIES-(15.07)% | OTHER ASSETS LESS LIABILITIES-(15.07)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(603941137) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp;$4008297347 |

---

---

| | |
|:---|:---|
| Investment Abbreviations: | Investment Abbreviations: |
| LIBOR | -London Interbank Offered Rate |
| SOFR | -Secured Overnight Financing Rate |
| USD | -U.S. Dollar |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three to five years. |
| <sup>(b)</sup> | Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the "1933 Act") and may be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund's portfolio generally have variable rates which adjust to a base, such as the London Interbank Offered Rate ("LIBOR"), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank. |
| <sup>(c)</sup> | This variable rate interest will settle after November 30, 2022, at which time the interest rate will be determined. |
| <sup>(d)</sup> | All or a portion of this holding is subject to unfunded loan commitments. Interest rate will be determined at the time of funding. |
| <sup>(e)</sup> | Restricted security. The aggregate value of these securities at November 30, 2022 was $55,675,971, which represented 1.39% of the Fund's Net Assets. |
| <sup>(f)</sup> | Security purchased or received in a transaction exempt from registration under the 1933 Act. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at November 30, 2022 was $116,471,140, which represented 2.91% of the Fund's Net Assets. |
| <sup>(g)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended November 30, 2022. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> August 31, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> November 30, 2022** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;$508484125 | &nbsp;&nbsp;&nbsp;$2338400240 | &nbsp;&nbsp;&nbsp;$(2036138178) | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$810746187 | &nbsp;&nbsp;&nbsp;$4701880 |

---

<sup>(h)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2022.

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

### Notes to Quarterly Schedule of Portfolio Holdings
November 30, 2022

(Unaudited)

#### NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC's assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Variable Rate Senior Loan Interests | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$3672269067 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$3672269067 |
| &nbsp;&nbsp;&nbsp;U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129223230 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129223230 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;810746187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810746187 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$810746187 | &nbsp;&nbsp;&nbsp;$3801492297 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$4612238484 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco Senior Loan ETF

- **b. EDGAR series identifier (if any):** S000031053

- **c. LEI of Series:** 549300SIHU6DQELRNG59

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $5018144823.84

**Total Liabilities:** $1009847555.83

**Net Assets:** $4008297268.01

**Delayed Delivery Securities:** $968634596.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1.43482278 | **1-Year:** -38.83631977 | **5-Year:** -706.98696804 | **10-Year:** -310.52390948 | **30-Year:** 0.00000000

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

- **3-Month:** -128.61765234 | **1-Year:** -5713.32122873 | **5-Year:** -38560.21373483 | **10-Year:** -13469.45992188 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000096299 | -2.59%               | 1.55%                | 1.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-65040934.95            | $-53507028.36                              |
| Month 2  | $-7240767.12             | $38689141.91                               |
| Month 3  | $-16393801.49            | $42371390.04                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| USI Inc.                                                                                             | USI Inc., Term Loan                                                                                             | CUSIP: 90351NAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  32917374 | PA      | $32896800.15  | 0.82%             | 2024-05-16      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Pilot Travel Centers LLC                                                                             | Pilot Travel Centers LLC, First Lien Term Loan                                                                  | CUSIP: 72165NBH1<br>LEI: 549300115UILLXNE1Z49 | Long             | LON              | CORP              | US        |  46520775 | PA      | $45977877.56  | 1.15%             | 2028-07-31      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Asurion, LLC (fka Asurion Corp.)                                                                     | Asurion, LLC (fka Asurion Corp.), Second Lien Term Loan B-4                                                     | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |  30350041 | PA      | $23559219.56  | 0.59%             | 2029-01-20      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| Hub International Ltd.                                                                               | Hub International Ltd., Incremental Term Loan B-3                                                               | CUSIP: 44332EAU0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  39997298 | PA      | $39405138.39  | 0.98%             | 2025-04-25      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| Genesys Telecom Holdings, U.S., Inc.                                                                 | Genesys Telecom Holdings, U.S., Inc., Term Loan                                                                 | CUSIP: 39479UAQ6<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |  35896351 | PA      | $34931816.04  | 0.87%             | 2027-12-01      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| Bausch and Lomb, Inc.                                                                                | Bausch and Lomb, Inc., First Lien Term Loan                                                                     | CUSIP: C0787FAB8<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |  33138035 | PA      | $31505986.80  | 0.79%             | 2027-05-05      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Icon PLC                                                                                             | Icon PLC, First Lien Term Loan                                                                                  | CUSIP: L5000DAD9<br>LEI: 549300R1HR1VWWHIAK47 | Long             | LON              | CORP              | US        |   9657054 | PA      | $9625234.16   | 0.24%             | 2028-07-03      | Floating      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                                    | CSC Holdings, LLC                                                                                               | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1825000.00   | 0.05%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hyperion Insurance Group Ltd.                                                                        | Hyperion Insurance Group Ltd., First Lien Term Loan                                                             | CUSIP: G4712JAR3<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  37290324 | PA      | $36414560.75  | 0.91%             | 2027-11-12      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                                         | Pacific Gas and Electric Co., First Lien Term Loan                                                              | CUSIP: 69338CAH4<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | LON              | CORP              | US        |  22447954 | PA      | $22160283.88  | 0.55%             | 2025-07-01      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Asurion, LLC (fka Asurion Corp.)                                                                     | Asurion, LLC (fka Asurion Corp.), First Lien Term Loan                                                          | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |  45998326 | PA      | $40387450.51  | 1.01%             | 2026-12-23      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| DIRECTV Financing, LLC                                                                               | DIRECTV Financing, LLC, First Lien Term Loan                                                                    | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  47112311 | PA      | $45243836.62  | 1.13%             | 2027-07-25      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| II-VI Inc.                                                                                           | II-VI Inc., First Lien Term Loan                                                                                | CUSIP: 45173JAQ7<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |  36612570 | PA      | $36349508.65  | 0.91%             | 2028-12-15      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg VII S.a.r.l. (Nestle Skin Health)                                                | Sunshine Luxembourg VII S.a.r.l. (Nestle Skin Health), First Lien Term Loan                                     | CUSIP: L8908YAE8<br>LEI: 254900CHQOBZNYV4DY60 | Long             | LON              | CORP              | LU        |  41397594 | PA      | $39431208.04  | 0.98%             | 2026-10-01      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                                                                    | Cornerstone Building Brands, Inc., First Lien Term Loan                                                         | CUSIP: 72431HAD2<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |  28760663 | PA      | $25745251.53  | 0.64%             | 2028-04-12      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Finastra USA, Inc.                                                                                   | Finastra USA, Inc., First Lien Term Loan                                                                        | CUSIP: 02034DAC1<br>LEI: 549300ZB2RO6QC7YTK71 | Long             | LON              | CORP              | US        |  45443211 | PA      | $41234715.15  | 1.03%             | 2024-06-13      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                                                                        | Peraton Corp., First Lien Term Loan                                                                             | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |  75445807 | PA      | $73854277.98  | 1.84%             | 2028-02-01      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Thyssenkrupp Elevators (Vertical Midco GmbH)                                                         | Thyssenkrupp Elevators (Vertical Midco GmbH), First Lien Term Loan                                              | CUSIP: D9000BAD4<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |  36606380 | PA      | $35165003.32  | 0.88%             | 2027-07-31      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Brand Energy & Infrastructure Services, Inc.                                                         | Brand Energy & Infrastructure Services, Inc., Term Loan                                                         | CUSIP: 10524MAN7<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |  33113950 | PA      | $29308826.43  | 0.73%             | 2024-06-21      | Floating      | 7.85%                 | No            |                  2 | On Loan: No      |
| Dun & Bradstreet Corp. (The)                                                                         | Dun & Bradstreet Corp. (The), First Lien Term Loan                                                              | CUSIP: 26483NAN0<br>LEI: RI37BMPWE56BCJ747E14 | Long             | LON              | CORP              | US        |  36683028 | PA      | $36261173.57  | 0.90%             | 2026-02-06      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| TK Elevator U.S. Newco, Inc.                                                                         | TK Elevator U.S. Newco, Inc.                                                                                    | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1807950.00   | 0.05%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                                                                | Invesco Government & Agency Portfolio, Institutional Class                                                      | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        | 810746187 | NS      | $810746187.29 | 20.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Financing BV (Stars Group)                                                                   | Flutter Financing BV (Stars Group), Term Loan                                                                   | CUSIP: N8233BAC6<br>LEI: 549300RNFXC8F8RT6R13 | Long             | LON              | CORP              | US        |  39648636 | PA      | $39208139.45  | 0.98%             | 2026-07-21      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| CommScope, Inc.                                                                                      | CommScope, Inc., First Lien Term Loan                                                                           | CUSIP: 20337EAQ4<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | LON              | CORP              | US        |  36623054 | PA      | $35312681.50  | 0.88%             | 2026-04-06      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CommScope, Inc.                                                                                      | CommScope, Inc.                                                                                                 | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1633334.13   | 0.04%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ziggo B.V.                                                                                           | Ziggo B.V.                                                                                                      | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $2554935.00   | 0.06%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                                                                | Prime Security Services Borrower, LLC, First Lien Term Loan                                                     | CUSIP: 03765VAK6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |  16280963 | PA      | $16076474.17  | 0.40%             | 2026-09-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                                                          | Allied Universal Holdco LLC, First Lien Term Loan                                                               | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |  54643118 | PA      | $51765065.44  | 1.29%             | 2028-05-12      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Mozart Debt Merger Sub Inc. (Medline Industries)                                                     | Mozart Debt Merger Sub Inc. (Medline Industries), Term Loan                                                     | CUSIP: 58503UAC7<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |  74896229 | PA      | $71265634.63  | 1.78%             | 2028-10-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Acrisure, LLC                                                                                        | Acrisure, LLC, Term Loan                                                                                        | CUSIP: 00488PAL9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |  43600250 | PA      | $40949136.78  | 1.02%             | 2027-02-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                                             | Lumen Technologies, Inc.                                                                                        | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2561325.00   | 0.06%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bass Pro Group, LLC                                                                                  | Bass Pro Group, LLC, First Lien Term Loan                                                                       | CUSIP: 07014QAN1<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |  55258817 | PA      | $53269499.67  | 1.33%             | 2028-03-06      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Medline Borrower, L.P.                                                                               | Medline Borrower, L.P.                                                                                          | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $7682625.00   | 0.19%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| William Morris Endeavor Entertainment, LLC                                                           | William Morris Endeavor Entertainment, LLC, First Lien Term Loan B-1                                            | CUSIP: 96925HAF9<br>LEI: 5493008R7J9HEQ30DZ33 | Long             | LON              | CORP              | US        |  33235336 | PA      | $32451813.00  | 0.81%             | 2025-05-16      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Trans Union LLC                                                                                      | Trans Union LLC, First Lien Term Loan                                                                           | CUSIP: 89334GAZ7<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |  36002309 | PA      | $35457774.56  | 0.88%             | 2028-11-30      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                                                       | TransDigm Inc.                                                                                                  | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9081000 | PA      | $8957014.66   | 0.22%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                                                           | PG&E Corp.                                                                                                      | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5439930.00   | 0.14%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC/Prime Finance, Inc.                                             | Prime Security Services Borrower LLC/Prime Finance, Inc.                                                        | CUSIP: 74166MAC0<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |  14160000 | PA      | $13900659.60  | 0.35%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Amneal Pharmaceuticals LLC                                                                           | Amneal Pharmaceuticals LLC, Term Loan                                                                           | CUSIP: 03167DAH7<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |  33574514 | PA      | $30802098.24  | 0.77%             | 2025-05-04      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                                                                | United Airlines, Inc.                                                                                           | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   4478000 | PA      | $3965988.61   | 0.10%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                                    | CSC Holdings, LLC, First Lien Term Loan                                                                         | CUSIP: 64072UAE2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |  46114422 | PA      | $44292902.78  | 1.11%             | 2025-07-17      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Altice France                                                                                        | Altice France                                                                                                   | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   3405000 | PA      | $2644867.80   | 0.07%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc.                                                                                       | RealPage, Inc., First Lien Term Loan                                                                            | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |  45609147 | PA      | $43739399.83  | 1.09%             | 2028-04-24      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC / New Red Finance Inc.                                                                | 1011778 BC ULC / New Red Finance Inc.                                                                           | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $3409243.44   | 0.09%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Virgin Media Secured Finance PLC                                                                     | Virgin Media Secured Finance PLC                                                                                | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |  11000000 | PA      | $9201408.81   | 0.23%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Red Finance, Inc.                                                                                | New Red Finance, Inc., First Lien Term Loan                                                                     | CUSIP: C6901LAH0<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |  50861344 | PA      | $50021114.26  | 1.25%             | 2026-11-19      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Froneri International PLC                                                                            | Froneri International PLC, First Lien Term Loan                                                                 | CUSIP: G3679YAC6<br>LEI: 213800NRSZ1N2Y6LEX44 | Long             | LON              | CORP              | US        |  35847665 | PA      | $34909710.47  | 0.87%             | 2027-01-29      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA, Inc.                                                                       | Harbor Freight Tools USA, Inc., First Lien Term Loan                                                            | CUSIP: 41151PAP0<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |  36822883 | PA      | $35071954.86  | 0.87%             | 2027-10-15      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming Inc.                                                                               | Genesee & Wyoming Inc., Term Loan                                                                               | CUSIP: 55316HAB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |  32879992 | PA      | $32611197.86  | 0.81%             | 2026-12-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC (Golden Nugget)                                                           | Fertitta Entertainment LLC (Golden Nugget), First Lien Term Loan                                                | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |  15025548 | PA      | $14368180.20  | 0.36%             | 2029-01-31      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                                                                          | McAfee, LLC, First Lien Term Loan                                                                               | CUSIP: 57906HAD9<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |  69734288 | PA      | $66465841.76  | 1.66%             | 2029-03-01      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                                                               | LifePoint Health, Inc., First Lien Term Loan                                                                    | CUSIP: 75915TAD4<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |  41600067 | PA      | $38706366.53  | 0.97%             | 2025-11-16      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Hub International Ltd.                                                                               | Hub International Ltd., Term Loan                                                                               | CUSIP: 44332EAP1<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  47331744 | PA      | $46514797.88  | 1.16%             | 2025-04-25      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Open Text Corp.                                                                                      | Open Text Corp., First Lien Term Loan                                                                           | CUSIP: N/A<br>LEI: 549300HP7ONDQODZJV16       | Long             | LON              | CORP              | CA        |  18621427 | PA      | $18128796.92  | 0.45%             | 2029-11-16      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Numericable-SFR S.A.                                                                                 | Numericable-SFR S.A., First Lien Term Loan                                                                      | CUSIP: F6628DAM6<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |   1720683 | PA      | $1666189.37   | 0.04%             | 2026-08-14      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Brookfield WEC Holdings Inc.                                                                         | Brookfield WEC Holdings Inc., Term Loan B                                                                       | CUSIP: 11284EAM5<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |  40841302 | PA      | $40150063.42  | 1.00%             | 2025-08-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc./AAdvantage Loyalty IP Ltd.                                                    | American Airlines Inc./AAdvantage Loyalty IP Ltd.                                                               | CUSIP: 00253XAA9<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | XX        |   1296000 | PA      | $1256310.69   | 0.03%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                                    | CSC Holdings, LLC, First Lien Term Loan                                                                         | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |  19597755 | PA      | $18446386.56  | 0.46%             | 2027-04-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                                                                     | Proofpoint, Inc., First Lien Term Loan                                                                          | CUSIP: 74345HAB7<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |  33804857 | PA      | $32627096.09  | 0.81%             | 2028-08-31      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas Inc.                                                                                  | Hunter Douglas Inc., First Lien Term Loan                                                                       | CUSIP: N8137FAB6<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |  36885585 | PA      | $32406752.76  | 0.81%             | 2029-02-09      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| McAfee Enterprise                                                                                    | McAfee Enterprise, First Lien Term Loan                                                                         | CUSIP: 55910RAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  39990498 | PA      | $36141412.34  | 0.90%             | 2028-07-27      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Crown Finance US, Inc.                                                                               | Crown Finance US, Inc., First Lien Term Loan                                                                    | CUSIP: 22834KAB7<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  33270044 | PA      | $7426871.86   | 0.19%             | 2025-02-28      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| Verscend Holding Corp.                                                                               | Verscend Holding Corp., First Lien Term Loan                                                                    | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  43314050 | PA      | $43101377.55  | 1.08%             | 2025-08-27      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Mitchell International, Inc.                                                                         | Mitchell International, Inc., First Lien Term Loan                                                              | CUSIP: 60662WAS1<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |  10238259 | PA      | $9610602.83   | 0.24%             | 2028-10-01      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings, LLC & Mileage Plus Intellectual Property Assets, Ltd. (aka United Airlines Mi | Mileage Plus Holdings, LLC & Mileage Plus Intellectual Property Assets, Ltd. (aka United Airlines Mi, Term Loan | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  36829520 | PA      | $37934405.25  | 0.95%             | 2027-06-21      | Floating      | 9.39%                 | No            |                  2 | On Loan: No      |
| LBM Holdings, LLC                                                                                    | LBM Holdings, LLC, First Lien Term Loan                                                                         | CUSIP: 50179JAB4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |  36808255 | PA      | $31839140.33  | 0.79%             | 2027-12-17      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| athenahealth Group Inc.                                                                              | athenahealth Group Inc., First Lien Term Loan                                                                   | CUSIP: 04686RAC7<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |  10461478 | PA      | $9580098.21   | 0.24%             | 2029-02-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| ADT Security Corp. (The)                                                                             | ADT Security Corp. (The)                                                                                        | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   8296000 | PA      | $7248588.52   | 0.18%             | 2029-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Hyland Software, Inc.                                                                                | Hyland Software, Inc., First Lien Term Loan                                                                     | CUSIP: 44908XAT5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  35533239 | PA      | $35078058.40  | 0.88%             | 2024-07-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                                              | Level 3 Financing, Inc., First Lien Term Loan                                                                   | CUSIP: 52729KAP1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |  21027356 | PA      | $20054840.41  | 0.50%             | 2027-03-01      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| DTZ U.S. Borrower, LLC                                                                               | DTZ U.S. Borrower, LLC, First Lien Term Loan                                                                    | CUSIP: 23340DAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  24466578 | PA      | $23907394.29  | 0.60%             | 2025-08-21      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Virgin Media 02 - LG                                                                                 | Virgin Media 02 - LG, First Lien Term Loan                                                                      | CUSIP: G9368PBC7<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  34299441 | PA      | $33506266.04  | 0.84%             | 2028-01-31      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| CDK Global Inc.                                                                                      | CDK Global Inc., Term Loan B                                                                                    | CUSIP: BL3922269<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  18394834 | PA      | $18209873.85  | 0.45%             | 2029-06-09      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| Jazz Pharmaceuticals, Inc.                                                                           | Jazz Pharmaceuticals, Inc., First Lien Term Loan                                                                | CUSIP: G5080AAF9<br>LEI: 635400WUEO2NSG5OIU34 | Long             | LON              | CORP              | LU        |  37891759 | PA      | $37663839.89  | 0.94%             | 2028-04-21      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp.                                                                                    | IRB Holding Corp., First Lien Term Loan                                                                         | CUSIP: 44988LAH0<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |  29773722 | PA      | $28705589.39  | 0.72%             | 2027-12-15      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| UFC Holdings, LLC                                                                                    | UFC Holdings, LLC, First Lien Term Loan                                                                         | CUSIP: 90266UAJ2<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |  37472426 | PA      | $36910339.37  | 0.92%             | 2026-04-29      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Quest Software US Holdings Inc.                                                                      | Quest Software US Holdings Inc., First Lien Term Loan                                                           | CUSIP: 74834YAN2<br>LEI: 549300LMV4JEXTGLE324 | Long             | LON              | CORP              | US        |  36991344 | PA      | $28252139.25  | 0.70%             | 2029-01-19      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                                                 | Charter Communications Operating LLC, First Lien Term Loan                                                      | CUSIP: 16117LBW8<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |      5128 | PA      | $5055.41      | 0.00%             | 2025-04-30      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Radiate Holdco, LLC                                                                                  | Radiate Holdco, LLC, First Lien Term Loan                                                                       | CUSIP: 75025KAH1<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |  46197650 | PA      | $40705904.63  | 1.02%             | 2026-09-25      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Organon & Co. / Organon Foreign Debt Co-Issuer B.V.                                                  | Organon & Co. / Organon Foreign Debt Co-Issuer B.V.                                                             | CUSIP: 68622TAA9<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |   1832000 | PA      | $1649331.28   | 0.04%             | 2028-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Micro Holding, L.P.                                                                                  | Micro Holding, L.P., First Lien Term Loan                                                                       | CUSIP: 45567YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  33700756 | PA      | $32881658.90  | 0.82%             | 2024-09-13      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                                                           | PG&E Corp.                                                                                                      | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7312160.00   | 0.18%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings, Inc.                                                                          | Triton Water Holdings, Inc., First Lien Term Loan                                                               | CUSIP: 89678QAB2<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | LON              | CORP              | US        |  37238254 | PA      | $34526936.74  | 0.86%             | 2028-03-31      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                                                                | United Airlines, Inc.                                                                                           | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    895000 | PA      | $828807.06    | 0.02%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp.                                                                                    | IRB Holding Corp., First Lien Term Loan                                                                         | CUSIP: 44988LAF4<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |  37567168 | PA      | $36963464.00  | 0.92%             | 2025-02-05      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                                            | Vistra Operations Co. LLC                                                                                       | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1803806.42   | 0.05%             | 2029-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AkzoNoble Chemicals                                                                                  | AkzoNoble Chemicals, First Lien Term Loan                                                                       | CUSIP: N8232NAB3<br>LEI: 549300K7VB5G6LULFT41 | Long             | LON              | CORP              | US        |  43608742 | PA      | $42660251.89  | 1.06%             | 2025-10-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Zayo Group, LLC                                                                                      | Zayo Group, LLC, First Lien Term Loan                                                                           | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |  57292511 | PA      | $43542308.07  | 1.09%             | 2027-03-09      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings, Inc.                                                                            | Zayo Group Holdings, Inc.                                                                                       | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1435780.00   | 0.04%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NortonLifeLock Inc.                                                                                  | NortonLifeLock Inc., First Lien Term Loan                                                                       | CUSIP: 66877AAD0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |  49324616 | PA      | $48600037.79  | 1.21%             | 2029-01-28      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc.                                                                                       | Transdigm Inc., Term Loan F                                                                                     | CUSIP: 89364MBR4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  35901595 | PA      | $35441516.48  | 0.88%             | 2025-12-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Icon PLC                                                                                             | Icon PLC, Term Loan                                                                                             | CUSIP: L5000DAC1<br>LEI: 635400PUWMHSPI2DDA35 | Long             | LON              | CORP              | LU        |  38751551 | PA      | $38623864.90  | 0.96%             | 2028-07-03      | Floating      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| Citadel Advisors Holdings L.P.                                                                       | Citadel Advisors Holdings L.P., First Lien Term Loan                                                            | CUSIP: 17288YAD4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |  41080410 | PA      | $40547597.22  | 1.01%             | 2028-02-15      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Finance, LLC                                                                        | Hilton Worldwide Finance, LLC, Term Loan B-2                                                                    | CUSIP: 43289DAH6<br>LEI: 549300406TN7EY0NPH20 | Long             | LON              | CORP              | US        |  34191844 | PA      | $33977118.99  | 0.85%             | 2026-06-22      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Elanco Animal Health Inc.                                                                            | Elanco Animal Health Inc., Term Loan                                                                            | CUSIP: 28414BAF3<br>LEI: 549300SHPNDCE059M934 | Long             | LON              | CORP              | US        |  52444822 | PA      | $50842895.36  | 1.27%             | 2027-07-30      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co. Inc.                                                                                | Boxer Parent Co. Inc., First Lien Term Loan                                                                     | CUSIP: 05988HAE7<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |  43217651 | PA      | $41567816.72  | 1.04%             | 2025-10-02      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Vodafone Ziggo - LG                                                                                  | Vodafone Ziggo - LG, First Lien Term Loan                                                                       | CUSIP: N9833RAJ8<br>LEI: 213800TQASLF9JXH5J59 | Long             | LON              | CORP              | US        |  24980025 | PA      | $24225503.45  | 0.60%             | 2028-04-30      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Jane Street Group, LLC                                                                               | Jane Street Group, LLC, First Lien Term Loan B                                                                  | CUSIP: 47077DAG5<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |  13961784 | PA      | $13599685.24  | 0.34%             | 2028-01-26      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd. (Delta Air Lines, Inc.)                                                             | SkyMiles IP Ltd. (Delta Air Lines, Inc.), Term Loan                                                             | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |  37542289 | PA      | $38131327.04  | 0.95%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                                                                | United Airlines, Inc., First Lien Term Loan                                                                     | CUSIP: 90932RAJ3<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |  59850469 | PA      | $59273211.41  | 1.48%             | 2028-04-21      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd. (American Airlines, Inc.)                                                 | AAdvantage Loyalty IP Ltd. (American Airlines, Inc.), Term Loan B                                               | CUSIP: 02376CBJ3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |  44515520 | PA      | $44320764.43  | 1.11%             | 2028-04-20      | Floating      | 8.99%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                                            | Vistra Operations Co. LLC, First Lien Term Loan                                                                 | CUSIP: 88233FAK6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | LON              | CORP              | US        |  32629277 | PA      | $32412455.31  | 0.81%             | 2025-12-31      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Gainwell Holding Corp.                                                                               | Gainwell Holding Corp., First Lien Term Loan                                                                    | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  52818161 | PA      | $51695774.97  | 1.29%             | 2027-10-01      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| athenahealth Group Inc.                                                                              | athenahealth Group Inc., First Lien Term Loan                                                                   | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |  61564136 | PA      | $56377357.53  | 1.41%             | 2029-02-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC.                                                              | Cushman & Wakefield U.S. Borrower, LLC.                                                                         | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8606660.40   | 0.21%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                                                              | Quikrete Holdings, Inc., First Lien Term Loan                                                                   | CUSIP: 74839XAF6<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |  20770812 | PA      | $20449903.42  | 0.51%             | 2027-02-01      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| PAREXEL International Corp.                                                                          | PAREXEL International Corp., First Lien Term Loan                                                               | CUSIP: 71911KAC8<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |  36813766 | PA      | $35481659.43  | 0.89%             | 2028-11-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                                                      | Madison IAQ LLC, First Lien Term Loan                                                                           | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |  30013624 | PA      | $28580623.70  | 0.71%             | 2028-06-21      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| CommScope, Inc.                                                                                      | CommScope, Inc.                                                                                                 | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   3634000 | PA      | $3048199.20   | 0.08%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DaVita HealthCare Partners Inc.                                                                      | DaVita HealthCare Partners Inc., Term Loan B-1                                                                  | CUSIP: 23918VAY0<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | LON              | CORP              | US        |  33304356 | PA      | $32301728.27  | 0.81%             | 2026-08-12      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| AmWINS Group, LLC                                                                                    | AmWINS Group, LLC, First Lien Term Loan                                                                         | CUSIP: 03234TAW8<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |  36233417 | PA      | $35552047.56  | 0.89%             | 2028-02-19      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| CenturyLink, Inc.                                                                                    | CenturyLink, Inc., First Lien Term Loan                                                                         | CUSIP: 15669GAH7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |  54015105 | PA      | $51348108.91  | 1.28%             | 2027-03-15      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Organon & Co.                                                                                        | Organon & Co., First Lien Term Loan                                                                             | CUSIP: 68621XAE3<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |  31245010 | PA      | $31010672.04  | 0.77%             | 2028-06-02      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Solera (Polaris Newco, LLC)                                                                          | Solera (Polaris Newco, LLC), Term Loan B                                                                        | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |  51126093 | PA      | $46884160.83  | 1.17%             | 2028-06-02      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                                                 | Charter Communications Operating LLC, First Lien Term Loan                                                      | CUSIP: 16117LBX6<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |  49845705 | PA      | $48697509.13  | 1.21%             | 2027-02-01      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Citrix Systems, Inc.                                                                                 | Citrix Systems, Inc., First Lien Term Loan                                                                      | CUSIP: 88632NAV2<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |  54867396 | PA      | $49978436.89  | 1.25%             | 2029-03-20      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Berry Global, Inc.                                                                                   | Berry Global, Inc., First Lien Term Loan                                                                        | CUSIP: 08579JBG6<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | LON              | CORP              | US        |  47534944 | PA      | $47023943.32  | 1.17%             | 2026-07-01      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                                                                      | CoreLogic, Inc., First Lien Term Loan                                                                           | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |  45355508 | PA      | $37588377.62  | 0.94%             | 2028-04-09      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Diamond Sports Holdings, LLC                                                                         | Diamond Sports Holdings, LLC, Second Lien Term Loan                                                             | CUSIP: 25277BAG3<br>LEI: 5493002K6DHWNZH8YA34 | Long             | LON              | CORP              | US        |  45642864 | PA      | $7502773.95   | 0.19%             | 2026-08-24      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing B.V.                                                                            | VZ Secured Financing B.V.                                                                                       | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   6190000 | PA      | $5130024.40   | 0.13%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Valeant Pharmaceuticals International, Inc.                                                          | Valeant Pharmaceuticals International, Inc., First Lien Term Loan                                               | CUSIP: C9413PBD4<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | LON              | CORP              | CA        |  27954856 | PA      | $20948670.45  | 0.52%             | 2027-01-27      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| Caesars Resort Collection, LLC                                                                       | Caesars Resort Collection, LLC, Term Loan B                                                                     | CUSIP: 12769LAB5<br>LEI: 549300V3UCT773B1KR38 | Long             | LON              | CORP              | US        |  47189727 | PA      | $46943160.90  | 1.17%             | 2024-12-23      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc./AAdvantage Loyalty IP Ltd.                                                    | American Airlines Inc./AAdvantage Loyalty IP Ltd.                                                               | CUSIP: 00253XAB7<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | XX        |   3378000 | PA      | $3139062.17   | 0.08%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Panther BF Aggregator 2 L.P.                                                                         | Panther BF Aggregator 2 L.P., First Lien Term Loan                                                              | CUSIP: C8000CAG8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | CA        |  49026172 | PA      | $48377555.99  | 1.21%             | 2026-04-30      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Altice France                                                                                        | Altice France                                                                                                   | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   3615000 | PA      | $2855390.57   | 0.07%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC / New Red Finance Inc.                                                                | 1011778 BC ULC / New Red Finance Inc.                                                                           | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  15000000 | PA      | $13378372.65  | 0.33%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings S.A.                                                                       | Intelsat Jackson Holdings S.A., First Lien Term Loan                                                            | CUSIP: L5137LAQ8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | LON              | CORP              | LU        |  40405213 | PA      | $39112245.74  | 0.98%             | 2029-02-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group, Inc.                                                                        | Ultimate Software Group, Inc., First Lien Term Loan                                                             | CUSIP: 90385KAK7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |  59732765 | PA      | $57847300.56  | 1.44%             | 2026-05-04      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Flex Acquisition Co., Inc.                                                                           | Flex Acquisition Co., Inc., First Lien Term Loan                                                                | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |  39963326 | PA      | $38668114.88  | 0.96%             | 2029-04-13      | Floating      | 8.36%                 | No            |                  2 | On Loan: No      |
| MKS Instruments, Inc.                                                                                | MKS Instruments, Inc., First Lien Term Loan                                                                     | CUSIP: 55314NAS3<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |  33716576 | PA      | $32982565.68  | 0.82%             | 2029-04-11      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc.                                                                 | Acrisure LLC / Acrisure Finance Inc.                                                                            | CUSIP: 00489LAF0<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   7282000 | PA      | $5946454.77   | 0.15%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** Vice President