# EDGAR Filing Document

**Accession Number:** 0002025137
**File Stem:** 0000940400-26-023119
**Filing Date:** 2026-6
**Character Count:** 124136
**Document Hash:** 304ff37f8889f95c9b18c69e489c5e99
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-023119.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-023119

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Managed Account Completion Shares (MACS) Trust
- **CENTRAL INDEX KEY:** 0002025137

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23968
- **FILM NUMBER:** 261049113

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 860-263-4790

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus Solutions SMA Trust
- **DATE OF NAME CHANGE:** 20240530

## Series and Classes Contracts Data

### Virtus Newfleet Floating Rate MACS (Series ID: S000086624)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000252212 | Virtus Newfleet Floating Rate MACS | VMAFX           |

## Nport-Ex

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

($ reported in thousands)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Leveraged Loans—93.4%** | **Leveraged Loans—93.4%** | **Leveraged Loans—93.4%** |
| **Aerospace—3.7%** | **Aerospace—3.7%** |  |
| &nbsp;&nbsp;&nbsp; AAdvantage Loyality IP Ltd. (3 month Term SOFR + <br> 2.250%) <br>5.918%, 4/20/28<sup>(1)</sup> <br>| $81 | &nbsp;&nbsp; $81 |
| &nbsp;&nbsp;&nbsp; Brown Group Holding LLC (1 month Term SOFR + <br> 2.500%) <br>6.168%, 7/1/31<sup>(1)</sup> <br>| 173 | &nbsp;&nbsp; 173 |
| &nbsp;&nbsp;&nbsp; Kaman Corp. (3 month Term SOFR + 2.500%) <br>6.20%, 2/26/32<sup>(1)</sup> <br>| 97 | &nbsp;&nbsp; 97 |
| &nbsp;&nbsp;&nbsp; Karman Holdings LLC 2026, Tranche B (3 month Term <br> SOFR + 2.750%) <br>6.461%, 4/1/32<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Rand Parent LLC 2025, Tranche B (3 month Term SOFR + <br> 3.000%) <br>6.700%, 3/18/30<sup>(1)</sup> <br>| 61 | &nbsp;&nbsp; 61 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Tranche J (1 month Term SOFR + 2.500%) <br>6.168%, 2/28/31<sup>(1)</sup> <br>| 30 | &nbsp;&nbsp; 29 |
| &nbsp;&nbsp;&nbsp; Tranche K (1 month Term SOFR + 2.250%) <br>5.918%, 3/22/30<sup>(1)</sup> <br>| 117 | &nbsp;&nbsp; 117 |
|  |  | &nbsp;&nbsp; 583 |
| **Chemicals—3.9%** | **Chemicals—3.9%** |  |
| &nbsp;&nbsp;&nbsp; Ineos Finance plc 2030 (1 month Term SOFR + 3.250%) <br>6.918%, 2/19/30<sup>(1)</sup> <br>| 274 | &nbsp;&nbsp; 238 |
| &nbsp;&nbsp;&nbsp; Lummus Technology Holdings V LLC Tranche B (1 month <br> Term SOFR + 2.500%) <br>6.168%, 12/31/29<sup>(1)</sup> <br>| 201 | &nbsp;&nbsp; 199 |
| &nbsp;&nbsp;&nbsp; Nouryon Finance B.V. 2024, Tranche B-1 (3 month Term <br> SOFR + 3.250%) <br>7.036%, 4/3/28<sup>(1)</sup> <br>| 76 | &nbsp;&nbsp; 75 |
| &nbsp;&nbsp;&nbsp; Windsor Holdings III LLC 2025, Tranche B (1 month Term <br> SOFR + 2.750%) <br>6.418%, 8/1/30<sup>(1)</sup> <br>| 104 | &nbsp;&nbsp; 102 |
|  |  | &nbsp;&nbsp; 614 |
| **Consumer Durables—1.2%** | **Consumer Durables—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Resideo Funding, Inc. (3 month Term SOFR + 2.000%) <br>5.674%, 8/13/32<sup>(1)</sup> <br>| 70 | &nbsp;&nbsp; 69 |
| &nbsp;&nbsp;&nbsp; Skechers U.S.A., Inc. Tranche B-1 (3 month Term SOFR + <br> 3.250%) <br>6.950%, 9/13/32<sup>(1)</sup> <br>| 39 | &nbsp;&nbsp; 39 |
| &nbsp;&nbsp;&nbsp; White Cap Supply Holdings LLC Tranche D (1 month <br> Term SOFR + 3.500%) <br>7.168%, 2/10/33<sup>(1)</sup> <br>| 80 | &nbsp;&nbsp; 76 |
|  |  | &nbsp;&nbsp; 184 |
| **Consumer Non-Durables—0.9%** | **Consumer Non-Durables—0.9%** |  |
| &nbsp;&nbsp;&nbsp; AI Aqua Merger Sub, Inc. 2026, Tranche B (1-3 month <br> Term SOFR + 2.500%) <br>6.161%, 7/31/28<sup>(1)</sup> <br>| 70 | &nbsp;&nbsp; 70 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings, Inc. 2025, Tranche B (1 month Term <br> SOFR + 2.000%) <br>5.675%, 3/13/32<sup>(1)</sup> <br>| 71 | &nbsp;&nbsp; 71 |
|  |  | &nbsp;&nbsp; 141 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Energy—4.5%** | **Energy—4.5%** |  |
| &nbsp;&nbsp;&nbsp; AL GCX Holdings LLC Tranche B (1 month Term SOFR + <br> 2.000%) <br>5.673%, 1/30/32<sup>(1)</sup> <br>| $137 | &nbsp;&nbsp; $136 |
| &nbsp;&nbsp;&nbsp; Blackfin Pipeline LLC (1 month Term SOFR + 3.000%) <br>6.688%, 9/29/32<sup>(1)</sup> <br>| 45 | &nbsp;&nbsp; 45 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP Tranche B (3 month Term SOFR + <br> 1.750%) <br>5.450%, 12/31/32<sup>(1)</sup> <br>| 78 | &nbsp;&nbsp; 77 |
| &nbsp;&nbsp;&nbsp; Freeport LNG Investments LLP Tranche B (3 month Term <br> SOFR + 3.250%) <br>6.893%, 2/11/33<sup>(1)</sup> <br>| 40 | &nbsp;&nbsp; 40 |
| &nbsp;&nbsp;&nbsp; GIP Pilot Acquisition Partners LP (3 month Term SOFR + <br> 2.000%) <br>5.646%, 10/4/30<sup>(1)</sup> <br>| 58 | &nbsp;&nbsp; 58 |
| &nbsp;&nbsp;&nbsp; Oryx Midstream Services Permian Basin LLC Tranche B <br> (1 month Term SOFR + 2.250%) <br>5.926%, 10/5/28<sup>(1)</sup> <br>| 67 | &nbsp;&nbsp; 67 |
| &nbsp;&nbsp;&nbsp; Traverse Midstream Partners LLC Tranche B (3 month <br> Term SOFR + 2.500%) <br>6.167%, 2/16/28<sup>(1)</sup> <br>| 63 | &nbsp;&nbsp; 63 |
| &nbsp;&nbsp;&nbsp; Whitewater DBR Holdco LLC Tranche C (3 month Term <br> SOFR + 2.250%) <br>6.000%, 3/3/31<sup>(1)</sup> <br>| 108 | &nbsp;&nbsp; 109 |
| &nbsp;&nbsp;&nbsp; Whitewater Matterhorn Holdings LLC Tranche B (3 month <br> Term SOFR + 1.750%) <br>5.500%, 6/16/32<sup>(1)</sup> <br>| 115 | &nbsp;&nbsp; 114 |
|  |  | &nbsp;&nbsp; 709 |
| **Financials—5.4%** | **Financials—5.4%** |  |
| &nbsp;&nbsp;&nbsp; Acrisure LLC 2024, Tranche B-6 (1 month Term SOFR + <br> 3.000%) <br>6.668%, 11/6/30<sup>(1)</sup> <br>| 166 | &nbsp;&nbsp; 161 |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc. 2026, Tranche B (1 month Term <br> SOFR + 2.000%) <br>5.668%, 1/30/32<sup>(1)</sup> <br>| 138 | &nbsp;&nbsp; 137 |
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finco Pty Ltd. 2025, Tranche B (3 month <br> Term SOFR + 2.750%) <br>6.370% - 6.449%, 2/15/31<sup>(1)</sup> <br>| 84 | &nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp; Azorra Soar TLB Finance Ltd. (3 month Term SOFR + <br> 2.500%) <br>6.174%, 10/18/29<sup>(1)</sup> <br>| 45 | &nbsp;&nbsp; 45 |
| &nbsp;&nbsp;&nbsp; Broadstreet Partners, Inc. 2024, Tranche B (1 month <br> Term SOFR + 2.500%) <br>6.168%, 6/13/31<sup>(1)</sup> <br>| 49 | &nbsp;&nbsp; 48 |
| &nbsp;&nbsp;&nbsp; Citadel Securities LP 2024 (3 month Term SOFR + <br> 2.000%) <br>5.700%, 10/31/31<sup>(1)</sup> <br>| 170 | &nbsp;&nbsp; 170 |
| &nbsp;&nbsp;&nbsp; Finco I LLC 2025 (1 month Term SOFR + 1.750%) <br>5.418%, 6/27/29<sup>(1)</sup> <br>| 65 | &nbsp;&nbsp; 63 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC Tranche B (1 month Term <br> SOFR + 2.500%) <br>6.168%, 9/15/31<sup>(1)</sup> <br>| 35 | &nbsp;&nbsp; 34 |
| &nbsp;&nbsp;&nbsp; Pac Dac LLC (1-3 month Term SOFR + 3.250%) <br>6.907% - 6.917%, 10/28/30<sup>(1)</sup> <br>| 75 | &nbsp;&nbsp; 73 |
| &nbsp;&nbsp;&nbsp; Truist Insurance Holdings LLC 2024, Tranche B (3 month <br> Term SOFR + 2.750%) <br>6.450%, 5/6/31<sup>(1)</sup> <br>| 45 | &nbsp;&nbsp; 44 |
|  |  | &nbsp;&nbsp; 857 |

---

See Notes to Schedule of Investments

------

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Food / Tobacco—5.7%** | **Food / Tobacco—5.7%** |  |
| &nbsp;&nbsp;&nbsp; Chobani LLC 2025, Tranche B, First Lien (1 month Term <br> SOFR + 2.250%) <br>5.918%, 10/28/32<sup>(1)</sup> <br>| $35 | &nbsp;&nbsp; $35 |
| Del Monte Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; (1 month Term SOFR + 4.350%) <br>8.011% - 8.028%, 8/2/28<sup>(2)(3)</sup> <br>| 132 | &nbsp;&nbsp; 4 |
| &nbsp;&nbsp;&nbsp; (1 month Term SOFR + 4.850%) <br>8.528%, 8/2/28<sup>(2)(3)</sup> <br>| 303 | &nbsp;&nbsp; 3 |
| &nbsp;&nbsp;&nbsp; (1 month Term SOFR + 8.100%) <br>11.767%, 8/2/28<sup>(2)(3)</sup> <br>| 58 | &nbsp;&nbsp; 27 |
| &nbsp;&nbsp;&nbsp; (1 month Term SOFR + 9.600%) <br>13.277%, 6/1/26<sup>(1)(2)</sup> <br>| 67 | &nbsp;&nbsp; 52 |
| &nbsp;&nbsp;&nbsp; Froneri International Ltd. Tranche B-4 (6 month Term <br> SOFR + 2.250%) <br>5.877%, 9/30/31<sup>(1)</sup> <br>| 249 | &nbsp;&nbsp; 244 |
| &nbsp;&nbsp;&nbsp; Pegasus Bidco B.V. 2025 (2 month Term SOFR + <br> 2.750%) <br>6.403%, 7/12/29<sup>(1)</sup> <br>| 80 | &nbsp;&nbsp; 80 |
| &nbsp;&nbsp;&nbsp; Red SPV LLC (1 month Term SOFR + 2.250%) <br>5.925%, 3/15/32<sup>(1)</sup> <br>| 99 | &nbsp;&nbsp; 99 |
| &nbsp;&nbsp;&nbsp; Sazerac Co., Inc. Tranche B-2 (1 month Term SOFR + <br> 2.000%) <br>5.670%, 7/9/32<sup>(1)</sup> <br>| 10 | &nbsp;&nbsp; 10 |
| &nbsp;&nbsp;&nbsp; Sigma Holdco B.V. Tranche B-15 (6 month Term SOFR + <br> 4.250%) <br>7.88%, 10/31/30<sup>(1)</sup> <br>| 49 | &nbsp;&nbsp; 48 |
| Triton Water Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2025 (3 month Term SOFR + 2.250%) <br>0.000%, 3/31/28<sup>(1)</sup> <br>| 235 | &nbsp;&nbsp; 235 |
| &nbsp;&nbsp;&nbsp; 2026 <br>0.000%, 3/19/31<sup>(1)(4)</sup> <br>| 60 | &nbsp;&nbsp; 60 |
|  |  | &nbsp;&nbsp; 897 |
| **Food and Drug—0.5%** | **Food and Drug—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS 2025, Tranche B-4, First Lien (3 month <br> Term SOFR + 3.000%) <br>6.700%, 4/28/32<sup>(1)</sup> <br>| 75 | &nbsp;&nbsp; 75 |
| **Forest Prod / Containers—0.9%** | **Forest Prod / Containers—0.9%** |  |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings, Inc. Tranche B (1 month <br> Term SOFR + 3.175%) <br>6.843%, 4/13/29<sup>(1)</sup> <br>| 105 | &nbsp;&nbsp; 100 |
| &nbsp;&nbsp;&nbsp; Graham Packaging Co., Inc. (1 month Term SOFR + <br> 2.250%) <br>5.918%, 1/26/33<sup>(1)</sup> <br>| 40 | &nbsp;&nbsp; 39 |
|  |  | &nbsp;&nbsp; 139 |
| **Gaming / Leisure—6.2%** | **Gaming / Leisure—6.2%** |  |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc. Tranche B (1 month Term <br> SOFR + 2.250%) <br>5.918%, 2/6/30<sup>(1)</sup> <br>| 97 | &nbsp;&nbsp; 94 |
| &nbsp;&nbsp;&nbsp; ECL Entertainment LLC 2025, Tranche B (1 month Term <br> SOFR + 3.000%) <br>6.668%, 8/30/30<sup>(1)</sup> <br>| 83 | &nbsp;&nbsp; 83 |
| &nbsp;&nbsp;&nbsp; Entain plc Tranche B-6 (3 month Term SOFR + 2.250%) <br>5.951%, 10/31/29<sup>(1)</sup> <br>| 94 | &nbsp;&nbsp; 93 |
| &nbsp;&nbsp;&nbsp; Flutter Entertainment plc Tranche B (3 month Term SOFR <br> + 2.000%) <br>5.700%, 6/4/32<sup>(1)</sup> <br>| 69 | &nbsp;&nbsp; 68 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Gaming / Leisure—continued** | **Gaming / Leisure—continued** |  |
| &nbsp;&nbsp;&nbsp; Life Time, Inc. 2025, Tranche B, First Lien (1 month Term <br> SOFR + 2.000%) <br>5.671%, 11/5/31<sup>(1)</sup> <br>| $114 | &nbsp;&nbsp; $113 |
| &nbsp;&nbsp;&nbsp; Light & Wonder International, Inc. Tranche B-3 (1 month <br> Term SOFR + 2.000%) <br>5.675%, 4/16/29<sup>(1)</sup> <br>| 70 | &nbsp;&nbsp; 70 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment, Inc. Tranche B (1 month Term <br> SOFR + 2.000%) <br>5.675%, 10/21/32<sup>(1)</sup> <br>| 60 | &nbsp;&nbsp; 60 |
| &nbsp;&nbsp;&nbsp; Oak-Eagle Acquireco, Inc. Tranche B <br>0.000%, 3/24/33<sup>(1)(4)</sup> <br>| 75 | &nbsp;&nbsp; 75 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp. Tranche B-1 (1 month Term SOFR <br> + 2.864%) <br>6.532%, 3/13/28<sup>(1)</sup> <br>| 94 | &nbsp;&nbsp; 89 |
| &nbsp;&nbsp;&nbsp; Turquoise Topco Ltd. (3 month Term SOFR + 3.250%) <br>6.951%, 12/30/32<sup>(1)</sup> <br>| 60 | &nbsp;&nbsp; 58 |
| &nbsp;&nbsp;&nbsp; UFC Holdings LLC Tranche B-5 (3 month Term SOFR + <br> 2.000%) <br>5.664%, 11/21/31<sup>(1)</sup> <br>| 173 | &nbsp;&nbsp; 173 |
|  |  | &nbsp;&nbsp; 976 |
| **Health Care—8.9%** | **Health Care—8.9%** |  |
| &nbsp;&nbsp;&nbsp; Alkermes, Inc. Tranche B (1 month Term SOFR + 2.750%) <br>6.418%, 8/12/31<sup>(1)</sup> <br>| 35 | &nbsp;&nbsp; 35 |
| &nbsp;&nbsp;&nbsp; Bausch & Lomb Corp. 2025 (1 month Term SOFR + <br> 3.750%) <br>7.418%, 1/15/31<sup>(1)</sup> <br>| 54 | &nbsp;&nbsp; 54 |
| &nbsp;&nbsp;&nbsp; Biomarin Pharmaceutical, Inc. Tranche B <br>0.000%, 1/28/33<sup>(1)(4)</sup> <br>| 5 | &nbsp;&nbsp; 5 |
| &nbsp;&nbsp;&nbsp; Cotiviti, Inc. (1 month Term SOFR + 2.750%) <br>6.418%, 5/1/31<sup>(1)</sup> <br>| 49 | &nbsp;&nbsp; 45 |
| &nbsp;&nbsp;&nbsp; Financiere Mendel (2 month Term SOFR + 2.750%) <br>6.389%, 11/8/30<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp. Tranche B (3 month Term <br> SOFR + 4.100%) <br>7.800%, 10/1/27<sup>(1)</sup> <br>| 95 | &nbsp;&nbsp; 92 |
| &nbsp;&nbsp;&nbsp; Genmab A/S Tranche B (3 month Term SOFR + 3.000%) <br>6.700%, 12/10/32<sup>(1)</sup> <br>| 44 | &nbsp;&nbsp; 44 |
| &nbsp;&nbsp;&nbsp; Grifols Worldwide Operations USA, Inc. Tranche B (1 <br> month Term SOFR + 2.100%) <br>5.768%, 11/15/27<sup>(1)</sup> <br>| 120 | &nbsp;&nbsp; 120 |
| &nbsp;&nbsp;&nbsp; Hologic, Inc. Tranche B <br>5.921%, 1/14/33<sup>(1)(4)</sup> <br>| 60 | &nbsp;&nbsp; 59 |
| &nbsp;&nbsp;&nbsp; Lannett Co., Inc. First Lien (3 month Term SOFR + <br> 0.000%) <br>2.000%, 6/16/30<sup>(1)(2)</sup> <br>| 6 | &nbsp;&nbsp; 5 |
| LifePoint Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Tranche B (3 month Term SOFR + 3.750%) <br>7.422%, 5/16/31<sup>(1)</sup> <br>| 64 | &nbsp;&nbsp; 64 |
| &nbsp;&nbsp;&nbsp; Tranche B-2 (3 month Term SOFR + 3.500%) <br>7.152%, 5/16/31<sup>(1)</sup> <br>| 118 | &nbsp;&nbsp; 118 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP 2030 (1 month Term SOFR + <br> 1.750%) <br>5.418%, 10/23/30<sup>(1)</sup> <br>| 218 | &nbsp;&nbsp; 218 |
| &nbsp;&nbsp;&nbsp; Parexel International, Inc. Tranche B (1 month Term <br> SOFR + 2.750%) <br>6.418%, 12/12/31<sup>(1)</sup> <br>| 64 | &nbsp;&nbsp; 63 |
| &nbsp;&nbsp;&nbsp; Phoenix Guarantor, Inc. Tranche B-5 (1 month Term <br> SOFR + 2.500%) <br>6.168%, 2/21/31<sup>(1)</sup> <br>| 217 | &nbsp;&nbsp; 217 |

---

See Notes to Schedule of Investments

------

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Health Care—continued** | **Health Care—continued** |  |
| &nbsp;&nbsp;&nbsp; PointClickCare Technologies 2025, Tranche B, First Lien <br> (1 month Term SOFR + 2.750%) <br>6.418%, 11/3/31<sup>(1)</sup> <br>| $25 | &nbsp;&nbsp; $25 |
| &nbsp;&nbsp;&nbsp; Select Medical Corp. Tranche B-2 (1 month Term SOFR + <br> 2.000%) <br>5.668%, 12/3/31<sup>(1)</sup> <br>| 49 | &nbsp;&nbsp; 49 |
| &nbsp;&nbsp;&nbsp; Southern Veterinary Partners LLC 2025 (1 month Term <br> SOFR + 2.500%) <br>6.181%, 12/4/31<sup>(1)</sup> <br>| 59 | &nbsp;&nbsp; 59 |
| &nbsp;&nbsp;&nbsp; Surgery Center Holdings, Inc. 2025 (1 month Term SOFR <br> + 2.500%) <br>6.168%, 12/19/30<sup>(1)</sup> <br>| 60 | &nbsp;&nbsp; 60 |
| &nbsp;&nbsp;&nbsp; Upstream Newco, Inc. 2025 (3 month Term SOFR + <br> 4.512%) <br>8.179%, 11/20/29<sup>(1)</sup> <br>| 56 | &nbsp;&nbsp; 52 |
|  |  | &nbsp;&nbsp; 1409 |
| **Housing—3.3%** | **Housing—3.3%** |  |
| &nbsp;&nbsp;&nbsp; Frontdoor, Inc. 2024, Tranche B (1 month Term SOFR + <br> 2.250%) <br>5.918%, 12/17/31<sup>(1)</sup> <br>| 138 | &nbsp;&nbsp; 138 |
| &nbsp;&nbsp;&nbsp; Green Infrastructure Partners, Inc. (3 month Term SOFR <br> + 2.750%) <br>6.450%, 9/24/32<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc. Tranche B-1 (1 month Term SOFR <br> + 2.250%) <br>5.918%, 4/14/31<sup>(1)</sup> <br>| 355 | &nbsp;&nbsp; 354 |
|  |  | &nbsp;&nbsp; 517 |
| **Information Technology—4.9%** | **Information Technology—4.9%** |  |
| &nbsp;&nbsp;&nbsp; Applied Systems, Inc. 2024, Second Lien (3 month Term <br> SOFR + 4.500%) <br>8.200%, 2/23/32<sup>(1)</sup> <br>| 10 | &nbsp;&nbsp; 10 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. Tranche B-2 (1 month Term SOFR <br> + 1.750%) <br>5.418%, 2/25/33<sup>(1)</sup> <br>| 15 | &nbsp;&nbsp; 15 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc. Tranche B-2 (3 month Term <br> SOFR + 3.250%) <br>6.95%, 3/21/31<sup>(1)</sup> <br>| 69 | &nbsp;&nbsp; 63 |
| &nbsp;&nbsp;&nbsp; Composecure Holdings LLC (1 month Term SOFR + <br> 2.250%) <br>5.928%, 1/14/33<sup>(1)</sup> <br>| 32 | &nbsp;&nbsp; 32 |
| &nbsp;&nbsp;&nbsp; ConnectWise LLC (3 month Term SOFR + 3.762%) <br>7.461%, 9/29/28<sup>(1)</sup> <br>| 52 | &nbsp;&nbsp; 48 |
| &nbsp;&nbsp;&nbsp; Genesys Cloud Services Holdings II LLC 2025 (1 month <br> Term SOFR + 2.500%) <br>6.168%, 1/30/32<sup>(1)</sup> <br>| 139 | &nbsp;&nbsp; 132 |
| &nbsp;&nbsp;&nbsp; NCR Atleos LLC Tranche B (3 month Term SOFR + <br> 3.000%) <br>6.686%, 4/16/29<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Project Ruby Ultimate Parent Corp. Tranche B-5 <br>0.000%, 3/10/28<sup>(1)(4)</sup> <br>| 35 | &nbsp;&nbsp; 35 |
| &nbsp;&nbsp;&nbsp; Proofpoint, Inc. 2025, Tranche B, First Lien (3 month <br> Term SOFR + 3.000%) <br>6.700%, 8/31/28<sup>(1)</sup> <br>| 72 | &nbsp;&nbsp; 69 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC (3 month Term SOFR + 2.000%) <br>5.652%, 7/3/32<sup>(1)</sup> <br>| 75 | &nbsp;&nbsp; 75 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc. Tranche B-8 (1 month <br> Term SOFR + 2.000%) <br>5.668%, 5/9/31<sup>(1)</sup> <br>| 92 | &nbsp;&nbsp; 92 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Information Technology—continued** | **Information Technology—continued** |  |
| &nbsp;&nbsp;&nbsp; UKG, Inc. Tranche B (3 month Term SOFR + 2.500%) <br>6.167%, 2/10/31<sup>(1)</sup> <br>| $191 | &nbsp;&nbsp; $182 |
|  |  | &nbsp;&nbsp; 778 |
| **Manufacturing—8.6%** | **Manufacturing—8.6%** |  |
| &nbsp;&nbsp;&nbsp; Alliance Laundry Systems LLC Tranche B (1-3 month <br> Term SOFR + 2.250%) <br>5.917% - 5.923%, 8/19/31<sup>(1)</sup> <br>| 88 | &nbsp;&nbsp; 88 |
| &nbsp;&nbsp;&nbsp; Arcline FM Holdings LLC 2025 <br>0.000%, 6/23/30<sup>(1)(4)</sup> <br>| 35 | &nbsp;&nbsp; 35 |
| &nbsp;&nbsp;&nbsp; Construction Partners, Inc. (1 month Term SOFR + <br> 2.500%) <br>6.168%, 11/3/31<sup>(1)</sup> <br>| 210 | &nbsp;&nbsp; 209 |
| &nbsp;&nbsp;&nbsp; Dynamo U.S. Bidco, Inc. Tranche B-1 (1 month Term <br> SOFR + 3.250%) <br>6.921%, 9/30/31<sup>(1)</sup> <br>| 20 | &nbsp;&nbsp; 17 |
| &nbsp;&nbsp;&nbsp; Gates Corp. Tranche B-5 (1 month Term SOFR + 1.750%) <br>5.418%, 6/4/31<sup>(1)</sup> <br>| 212 | &nbsp;&nbsp; 211 |
| &nbsp;&nbsp;&nbsp; Gibraltar Industries, Inc. Tranche B (1 month Term SOFR <br> + 2.250%) <br>5.915% - 5.926%, 2/2/33<sup>(1)</sup> <br>| 27 | &nbsp;&nbsp; 28 |
| &nbsp;&nbsp;&nbsp; Glatfelter Corp. Tranche B (3 month Term SOFR + <br> 4.250%) <br>7.923%, 11/4/31<sup>(1)</sup> <br>| 35 | &nbsp;&nbsp; 33 |
| &nbsp;&nbsp;&nbsp; Indicor LLC Tranche E (3 month Term SOFR + 2.500%) <br>6.200%, 11/22/29<sup>(1)</sup> <br>| 96 | &nbsp;&nbsp; 97 |
| &nbsp;&nbsp;&nbsp; Lsf12 Crown U.S. Commercial Bidco LLC 2026 (1 month <br> Term SOFR + 3.000%) <br>6.668%, 12/2/31<sup>(1)</sup> <br>| 194 | &nbsp;&nbsp; 194 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC (3 month Term SOFR + 2.500%) <br>6.128%, 6/21/28<sup>(1)</sup> <br>| 188 | &nbsp;&nbsp; 188 |
| &nbsp;&nbsp;&nbsp; MV Holding GmbH Tranche B (1 month Term SOFR + <br> 2.000%) <br>5.668%, 3/17/32<sup>(1)</sup> <br>| 114 | &nbsp;&nbsp; 114 |
| &nbsp;&nbsp;&nbsp; Resilience Parent LLC (3 month Term SOFR + 2.500%) <br>6.126%, 2/28/33<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; TK Elevator Midco GmbH Tranche B (6 month Term SOFR <br> + 2.750%) <br>6.377%, 4/30/30<sup>(1)</sup> <br>| 119 | &nbsp;&nbsp; 119 |
|  |  | &nbsp;&nbsp; 1358 |
| **Media / Telecom - Broadcasting—3.4%** | **Media / Telecom - Broadcasting—3.4%** |  |
| &nbsp;&nbsp;&nbsp; CMG Media Corp. (3 month Term SOFR + 3.600%) <br>7.300%, 6/18/29<sup>(1)</sup> <br>| 161 | &nbsp;&nbsp; 150 |
| &nbsp;&nbsp;&nbsp; EOC Borrower LLC Tranche B (1 month Term SOFR + <br> 2.750%) <br>6.418%, 3/24/32<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 24 |
| &nbsp;&nbsp;&nbsp; Gray Television, Inc. Tranche D (1 month Term SOFR + <br> 3.114%) <br>6.782%, 12/1/28<sup>(1)</sup> <br>| 109 | &nbsp;&nbsp; 109 |
| Nexstar Media, Inc. |  |  |
| &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;&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; <br>6.410%, 3/18/33<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Tranche B-5 (1 month Term SOFR + 2.500%) <br>6.168%, 6/28/32<sup>(1)</sup> <br>| 129 | &nbsp;&nbsp; 128 |
| &nbsp;&nbsp;&nbsp; Univision Communications, Inc. 2024, First Lien (1 <br> month Term SOFR + 3.500%) <br>7.282%, 1/31/29<sup>(1)</sup> <br>| 101 | &nbsp;&nbsp; 100 |
|  |  | &nbsp;&nbsp; 536 |

---

See Notes to Schedule of Investments

------

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Media / Telecom - Cable/Wireless Video—6.8%** | **Media / Telecom - Cable/Wireless Video—6.8%** |  |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC Tranche B-5 (3 <br> month Term SOFR + 2.250%) <br>5.911%, 12/15/31<sup>(1)</sup> <br>| $315 | &nbsp;&nbsp; $315 |
| &nbsp;&nbsp;&nbsp; Cogeco Communications Finance USA LP Tranche B-1 (1 <br> month Term SOFR + 3.250%) <br>6.918%, 9/18/30<sup>(1)</sup> <br>| 252 | &nbsp;&nbsp; 238 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing LLC 2024, Tranche B (3 month Term <br> SOFR + 5.512%) <br>9.178%, 8/2/29<sup>(1)</sup> <br>| 228 | &nbsp;&nbsp; 229 |
| &nbsp;&nbsp;&nbsp; Eagle Broadband Investments LLC (3 month Term SOFR <br> + 3.262%) <br>6.961%, 11/12/27<sup>(1)</sup> <br>| 311 | &nbsp;&nbsp; 296 |
|  |  | &nbsp;&nbsp; 1078 |
| **Media / Telecom - Diversified Media—1.9%** | **Media / Telecom - Diversified Media—1.9%** |  |
| &nbsp;&nbsp;&nbsp; Century DE Buyer LLC 2025 (3 month Term SOFR + <br> 3.000%) <br>6.667%, 10/30/30<sup>(1)</sup> <br>| 201 | &nbsp;&nbsp; 195 |
| &nbsp;&nbsp;&nbsp; McGraw-Hill Education, Inc. 2025, Tranche B (1 month <br> Term SOFR + 2.750%) <br>6.418%, 8/6/31<sup>(1)</sup> <br>| 39 | &nbsp;&nbsp; 40 |
| &nbsp;&nbsp;&nbsp; Neptune Bidco U.S., Inc. 2026, Tranche B (1 month Term <br> SOFR + 5.100%) <br>8.760%, 1/28/33<sup>(1)</sup> <br>| 75 | &nbsp;&nbsp; 71 |
|  |  | &nbsp;&nbsp; 306 |
| **Media / Telecom - Telecommunications—3.5%** | **Media / Telecom - Telecommunications—3.5%** |  |
| &nbsp;&nbsp;&nbsp; Altice France S.A. Tranche B-11 (3 month Term SOFR + <br> 4.125%) <br>7.797%, 5/1/28<sup>(1)</sup> <br>| 189 | &nbsp;&nbsp; 187 |
| &nbsp;&nbsp;&nbsp; Cincinnati Bell, Inc. Tranche B-5 (1 month Term SOFR + <br> 2.250%) <br>5.918%, 11/22/28<sup>(1)</sup> <br>| 210 | &nbsp;&nbsp; 210 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc. (1 month Term SOFR + 1.750%) <br>5.423%, 1/27/33<sup>(1)</sup> <br>| 85 | &nbsp;&nbsp; 85 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc. Tranche B-4 (1 month Term SOFR <br> + 3.250%) <br>6.918%, 3/29/32<sup>(1)</sup> <br>| 80 | &nbsp;&nbsp; 80 |
|  |  | &nbsp;&nbsp; 562 |
| **Media / Telecom - Wireless Communications—0.5%** | **Media / Telecom - Wireless Communications—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Viasat, Inc. (1 month Term SOFR + 4.614%) <br>8.282%, 3/2/29<sup>(1)</sup> <br>| 75 | &nbsp;&nbsp; 75 |
| **Metals / Minerals—0.4%** | **Metals / Minerals—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Arsenal AIC Parent LLC 2025, Tranche B (1 month Term <br> SOFR + 2.750%) <br>6.418%, 8/18/30<sup>(1)</sup> <br>| 72 | &nbsp;&nbsp; 72 |
| **Retail—3.0%** | **Retail—3.0%** |  |
| &nbsp;&nbsp;&nbsp; CNT Holdings I Corp. 2025 (3 month Term SOFR + <br> 2.500%) <br>6.167%, 11/8/32<sup>(1)</sup> <br>| 150 | &nbsp;&nbsp; 150 |
| &nbsp;&nbsp;&nbsp; Harbor Freight Tools USA, Inc. (1 month Term SOFR + <br> 2.250%) <br>5.918%, 6/11/31<sup>(1)</sup> <br>| 127 | &nbsp;&nbsp; 125 |
| &nbsp;&nbsp;&nbsp; Peer Holding III B.V. Tranche B (3 month Term SOFR + <br> 2.500%) <br>6.200%, 10/26/30<sup>(1)</sup> <br>| 132 | &nbsp;&nbsp; 132 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Retail—continued** | **Retail—continued** |  |
| &nbsp;&nbsp;&nbsp; PetsMart LLC Tranche B (1 month Term SOFR + 4.000%) <br>7.675%, 8/18/32<sup>(1)</sup> <br>| $63 | &nbsp;&nbsp; $63 |
|  |  | &nbsp;&nbsp; 470 |
| **Service—7.4%** | **Service—7.4%** |  |
| &nbsp;&nbsp;&nbsp; Albion Financing 3 S.a.r.l. 2025, Tranche A (3 month Term <br> SOFR + 3.000%) <br>6.664%, 5/21/31<sup>(1)</sup> <br>| 84 | &nbsp;&nbsp; 84 |
| &nbsp;&nbsp;&nbsp; AlixPartners LLP 2025 (1 month Term SOFR + 2.000%) <br>5.668%, 8/12/32<sup>(1)</sup> <br>| 50 | &nbsp;&nbsp; 49 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings LLC (1 month Term SOFR + 2.000%) <br>5.668%, 9/29/31<sup>(1)</sup> <br>| 93 | &nbsp;&nbsp; 93 |
| &nbsp;&nbsp;&nbsp; BrightView Landscapes LLC Tranche B (3 month Term <br> SOFR + 2.000%) <br>5.667%, 4/20/29<sup>(1)</sup> <br>| 266 | &nbsp;&nbsp; 265 |
| &nbsp;&nbsp;&nbsp; DG Investment Intermediate Holdings 2, Inc. (1 month <br> Term SOFR + 3.250%) <br>6.918%, 7/9/32<sup>(1)</sup> <br>| 153 | &nbsp;&nbsp; 152 |
| &nbsp;&nbsp;&nbsp; Ensemble RCM LLC Tranche B (3 month Term SOFR + <br> 3.000%) <br>6.660%, 2/9/33<sup>(1)</sup> <br>| 35 | &nbsp;&nbsp; 35 |
| &nbsp;&nbsp;&nbsp; Fugue Finance B.V. Tranche B (3 month Term SOFR + <br> 2.250%) <br>5.921%, 1/9/32<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 24 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management LLC Tranche B <br> (1 month Term SOFR + 2.000%) <br>5.668%, 1/31/31<sup>(1)</sup> <br>| 79 | &nbsp;&nbsp; 78 |
| &nbsp;&nbsp;&nbsp; Kuehg Corp. (3 month Term SOFR + 2.750%) <br>6.450%, 6/12/30<sup>(1)</sup> <br>| 49 | &nbsp;&nbsp; 44 |
| &nbsp;&nbsp;&nbsp; NAB Holdings LLC 2025 (3 month Term SOFR + 2.500%) <br>6.200%, 11/24/28<sup>(1)</sup> <br>| 161 | &nbsp;&nbsp; 147 |
| &nbsp;&nbsp;&nbsp; Openlane, Inc. 2025 (3 month Term SOFR + 2.500%) <br>6.140%, 10/8/32<sup>(1)</sup> <br>| 47 | &nbsp;&nbsp; 47 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC Tranche B-1 (1 <br> month Term SOFR + 2.000%) <br>5.664%, 10/13/30<sup>(1)</sup> <br>| 123 | &nbsp;&nbsp; 123 |
| &nbsp;&nbsp;&nbsp; TMF Sapphire Bidco B.V. Tranche B-4 (3 month Term <br> SOFR + 2.750%) <br>6.402%, 5/3/28<sup>(1)</sup> <br>| 39 | &nbsp;&nbsp; 39 |
|  |  | &nbsp;&nbsp; 1180 |
| **Transportation - Automotive—2.9%** | **Transportation - Automotive—2.9%** |  |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc. Tranche C (3 month <br> Term SOFR + 3.350%) <br>6.912%, 2/3/33<sup>(1)</sup> <br>| 54 | &nbsp;&nbsp; 54 |
| &nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC (3 month Term SOFR + <br> 2.000%) <br>5.660%, 10/16/31<sup>(1)</sup> <br>| 162 | &nbsp;&nbsp; 162 |
| &nbsp;&nbsp;&nbsp; Clarios Global LP 2024, Tranche B (1 month Term SOFR + <br> 2.500%) <br>6.168%, 5/6/30<sup>(1)</sup> <br>| 153 | &nbsp;&nbsp; 152 |
| &nbsp;&nbsp;&nbsp; Wand NewCo 3, Inc. Tranche B-2 (1 month Term SOFR + <br> 2.500%) <br>6.168%, 1/30/31<sup>(1)</sup> <br>| 101 | &nbsp;&nbsp; 100 |
|  |  | &nbsp;&nbsp; 468 |

---

See Notes to Schedule of Investments

------

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Utilities—5.0%** | **Utilities—5.0%** |  |
| &nbsp;&nbsp;&nbsp; Astoria Energy LLC Tranche B (1-3 month Term SOFR + <br> 2.750%) <br>5.923% - 5.966%, 6/23/32<sup>(1)</sup> <br>| $90 | &nbsp;&nbsp; $90 |
| &nbsp;&nbsp;&nbsp; Cornerstone Generation LLC Tranche B (3 month Term <br> SOFR + 2.250%) <br>5.917%, 8/11/32<sup>(1)</sup> <br>| 159 | &nbsp;&nbsp; 158 |
| &nbsp;&nbsp;&nbsp; Hamilton Projects Acquiror LLC (1 month Term SOFR + <br> 2.500%) <br>6.168%, 5/30/31<sup>(1)</sup> <br>| 18 | &nbsp;&nbsp; 18 |
| &nbsp;&nbsp;&nbsp; Hunterstown Generation LLC (3 month Term SOFR + <br> 3.000% - 3 month PRIME + 2.00%) <br>6.700% - 8.750%, 11/6/31<br>| 82 | &nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp; Indeck Niles LLC Tranche B (3 month Term SOFR + <br> 2.750%) <br>6.419%, 3/9/33<sup>(1)</sup> <br>| 25 | &nbsp;&nbsp; 25 |
| &nbsp;&nbsp;&nbsp; Lightning Power LLC Tranche B (1 month Term SOFR + <br> 2.250%) <br>5.918%, 8/18/31<sup>(1)</sup> <br>| 104 | &nbsp;&nbsp; 104 |
| &nbsp;&nbsp;&nbsp; Potomac Energy Center LLC (1 month Term SOFR + <br> 2.750%) <br>6.417%, 8/5/32<sup>(1)</sup> <br>| 29 | &nbsp;&nbsp; 29 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC 2025, Tranche B (1 month Term <br> SOFR + 2.000%) <br>5.668%, 11/25/32<sup>(1)</sup> <br>| 73 | &nbsp;&nbsp; 73 |
| &nbsp;&nbsp;&nbsp; Tenaska Pennsylvania Partners LLC Tranche B (1-3 <br> month Term SOFR + 2.250%) <br>5.870% - 5.880%, 2/18/33<sup>(1)</sup> <br>| 40 | &nbsp;&nbsp; 40 |
| &nbsp;&nbsp;&nbsp; WEC U.S. Holdings Ltd. (1 month Term SOFR + 2.000%) <br>5.668%, 1/27/31<sup>(1)</sup> <br>| 182 | &nbsp;&nbsp; 182 |
|  |  | &nbsp;&nbsp; 801 |
| **Total Leveraged Loans** <br>**(Identified Cost $15,356)** | **Total Leveraged Loans** <br>**(Identified Cost $15,356)** | &nbsp;&nbsp; **14785** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **Common Stocks—0.2%** | **Common Stocks—0.2%** | **Common Stocks—0.2%** |
| **Communication Services—0.1%** | **Communication Services—0.1%** |  |
| Atento Luxco 1 S.A.<sup>(2)(5)</sup> <br>| 1188 | &nbsp;&nbsp; 20 |
| **Materials—0.1%** | **Materials—0.1%** |  |
| Klockner Pentaplast<sup>(5)</sup> <br>| 12465 | &nbsp;&nbsp; 15 |
| **Total Common Stocks** <br>**(Identified Cost $15)** | **Total Common Stocks** <br>**(Identified Cost $15)** | &nbsp;&nbsp; **35** |
| **Exchange-Traded Fund—3.0%** | **Exchange-Traded Fund—3.0%** | **Exchange-Traded Fund—3.0%** |
| Invesco Senior Loan ETF<sup>(6)</sup> <br>| 23335 | &nbsp;&nbsp; 476 |
| **Total Exchange-Traded Fund** <br>**(Identified Cost $487)** | **Total Exchange-Traded Fund** <br>**(Identified Cost $487)** | &nbsp;&nbsp; **476** |
| **Total Long-Term Investments—96.6%** <br>**(Identified Cost $15,858)** | **Total Long-Term Investments—96.6%** <br>**(Identified Cost $15,858)** | &nbsp;&nbsp; **15296** |
| **TOTAL INVESTMENTS—96.6%** <br>**(Identified Cost $15,858)** | **TOTAL INVESTMENTS—96.6%** <br>**(Identified Cost $15,858)** | &nbsp;&nbsp; **$15296** |
| Other assets and liabilities, net—3.4% | Other assets and liabilities, net—3.4% | &nbsp;&nbsp; 546 |
| **NET ASSETS—100.0%** | **NET ASSETS—100.0%** | &nbsp;&nbsp; **$15842** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ETF | Exchange-Traded Fund |
| LLC | Limited Liability Company |
| LLP | Limited Liability Partnership |
| LP | Limited Partnership |
| plc | Public Limited Company |
| S.a.r.l. | Société à responsabilité limitée |
| SOFR | Secured Overnight Financing Rate |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| Variable rate security. Rate disclosed is as of March 31, 2026. Information in <br> parenthesis represents benchmark and reference rate for each security. Certain <br> variable rate securities are not based on a published reference rate and spread but <br> are determined by the issuer or agent and are based on current market conditions, <br> or, for mortgage-backed securities, are impacted by the individual mortgages <br> which are paying off over time. These securities do not indicate a reference rate <br> and spread in their descriptions.<br>|
| <sup>(2)</sup> <br>| The value of this security was determined using significant unobservable inputs <br> and is reported as a Level 3 security in the Fair Value Hierarchy table located after <br> the Schedule of Investments.<br>|
| <sup>(3)</sup> <br>| Security in default; interest payments are being received. |
| <sup>(4)</sup> <br>| This loan will settle after March 31, 2026, at which time the interest rate, calculated <br> on the base lending rate and the agreed upon spread on trade date, will be <br> reflected.<br>|
| <sup>(5)</sup> <br>| Non-income producing. |
| <sup>(6)</sup> <br>| Shares of this fund are publicly offered, and its prospectus and annual report are <br> publicly available.<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Country Weightings**<sup>†</sup>  | **Country Weightings**<sup>†</sup>  |
| United States | 93<br> %<br>|
| Netherlands | 3 |
| Canada | 2 |
| Cayman Islands | 1 |
| Gibraltar | 1 |
| Total | 100<br> %<br>|
| <sup>†</sup> % of total investments as of March 31, 2026. | <sup>†</sup> % of total investments as of March 31, 2026. |

---

See Notes to Schedule of Investments

------

**VIRTUS Newfleet Floating Rate MACS**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

As of March 31, 2026, the Fund had the following unfunded loan commitments:

---

| | | | |
|:---|:---|:---|:---|
| **Borrower** | **Par Value** | **Commitment** | **Value** |
| Kaman Corp., 2/26/32 | &nbsp;&nbsp; $7 | &nbsp;&nbsp; $7 | &nbsp;&nbsp; $7<br>&nbsp;&nbsp; $— <br><sup>(1)</sup><br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(1)</sup> Amount is less than $500 (not in thousands).

The following table summarizes the value of the Fund's investments as of March 31, 2026, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total <br>Value at <br>March 31, 2026<br>| Level 1 <br>Quoted Prices<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>| Level 3 <br>Significant <br>Unobservable <br>Inputs<br>|
| Assets: |  |  |  |  |
| Debt Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Leveraged Loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $91 |
| Equity Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20 |
| Exchange-Traded Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Unfunded Loan Commitment<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $15296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $111 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(1)</sup> Amount is less than $500 (not in thousands).

<sup>\*</sup> Unfunded Loan Commitments are valued at the net unrealized appreciation (depreciation).

Securities held by the Fund with an end of period value of $34 were transferred from Level 2 to Level 3 due to a decrease in trading activities at period end.

Some of the Fund's investments that were categorized as Level 3 may have been valued utilizing third party pricing information without adjustment. If applicable, such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of Level 3 investments.

---

| | | | |
|:---|:---|:---|:---|
|  | Total | Leveraged <br>Loans<br>| Common <br>stock<br>|
| **Investments in Securities** |  |  |  |
| **Balance as of June 30, 2025:** | &nbsp;&nbsp;&nbsp;&nbsp; $2 | &nbsp;&nbsp;&nbsp;&nbsp; $2 | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| Accrued discount/(premium) | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Net change in unrealized appreciation (depreciation)<sup>(a)</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; (12)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 20 |
| Purchases | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; 67 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Sales<sup>(b)</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; (40)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (40)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — |
| Transfers into Level 3<sup>(c)</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Balance as of March 31, 2026** | &nbsp;&nbsp;&nbsp;&nbsp; $111 | &nbsp;&nbsp;&nbsp;&nbsp; $91 | &nbsp;&nbsp;&nbsp;&nbsp; $20 |

---

<sup>(a)</sup> The change in unrealized appreciation (depreciation) on investments still held at March 31, 2026, was $8.

<sup>(b)</sup> Includes paydowns on securities.

<sup>(c)</sup> Transfers into and/or from represent the ending value as of March 31, 2026, for any investment security where a change in the pricing level occurred from the beginning to the end of the period.

See Notes to Schedule of Investments

------

**VIRTUS NEWFLEET FLOATING RATE MACS**

**NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&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;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&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;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts and equity-linked instruments, do not require material subjectivity as pricing inputs are observed from actively quoted markets and are categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those

securities.

*For additional information about significant accounting policies, refer to the Fund's most recent annual financial statements.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Managed Account Completion Shares (MACS) Trust

- **b. Investment Company Act file number:** 811-23968

- **c. CIK number of Registrant:** 0002025137

- **d. LEI of Registrant:** 254900XYJHIHC7455V12

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 860-263-4790

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

- **a. Name of Series:** Virtus Newfleet Floating Rate MACS

- **b. EDGAR series identifier (if any):** S000086624

- **c. LEI of Series:** 254900KZEW1HA1768U33

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $16221865.87

**Total Liabilities:** $471586.62

**Net Assets:** $15750279.25

**Cash Not Reported:** $731602.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -76.17089679 | **10-Year:** -338.52248260 | **30-Year:** 0.00000000

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

- **3-Month:** -0.37148588 | **1-Year:** 0.00000000 | **5-Year:** -2119.09307900 | **10-Year:** -2174.36276400 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000252212 | 0.07%                | 0.06%                | 0.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5839.68                | $-91773.13                                 |
| Month 2  | $-1831.74                | $-66442.15                                 |
| Month 3  | $-84745.74               | $93177.88                                  |

### Schedule of Portfolio Investments

| Name                                                                        | Title                                                                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HUNTERSTOWN GENERATION LLC                                                  | HUNTERSTOWN GENERATION                                                                                  | CUSIP: 44579UAD4<br>LEI: 549300ER0JUHJLPPMH08 | Long             | LON              | CORP              | US        |     82290 | PA      | $82272.36     | 0.52%             | 2031-11-06      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| CMG Media Corporation (f/k/a Terrier Media Buyer Inc)                       | CMGMCO L 06/18/29 5                                                                                     | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    160982 | PA      | $150357.21    | 0.95%             | 2029-06-18      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Resideo Funding Inc                                                         | Resideo Technologies Term Loan B (Incremental) 200 2032-07-28                                           | CUSIP: 76090LAM6<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |     69725 | PA      | $69463.34     | 0.44%             | 2032-08-13      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Arcline FM Holdings, LLC                                                    | Fairbanks Morse Defense Term Loan B 275 2030-06-01                                                      | CUSIP: 03960DAJ2<br>LEI: 2549000HKCEC1E8UTO17 | Long             | LON              | CORP              | US        |     34825 | PA      | $34834.75     | 0.22%             | 2030-06-23      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyality IP Ltd (American Airlines Inc)                          | American Airlines Term Loan B 225 2028-04-01                                                            | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     81303 | PA      | $80426.47     | 0.51%             | 2028-04-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Parexel International Inc (f/k/a Phoenix Newco Inc)                         | Parexel Term Loan B 275 2031-12-01                                                                      | CUSIP: 71911KAF1<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |     63790 | PA      | $63524.12     | 0.40%             | 2031-12-12      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Belron Finance 2019 LLC                                                     | Belron Term Loan B 200 2031-10-01                                                                       | CUSIP: 08078UAQ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    161757 | PA      | $161594.93    | 1.03%             | 2031-10-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                    | Cloud Software Group (Citrix/TIBCO) Term Loan B 325 2031-03-01                                          | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |     69302 | PA      | $63272.49     | 0.40%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Del Monte Foods, Inc                                                        | DELMFD L 08/02/28 2                                                                                     | CUSIP: 24521WAB5<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |     57863 | PA      | $27340.06     | 0.17%             | 2028-08-02      | Floating      | 11.77%                | No            |                  3 | On Loan: No      |
| Turquoise Topco LTD                                                         | Tortuga Resorts (Turquoise) Term Loan B 325 2032-08-02                                                  | CUSIP: 89776TAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     60000 | PA      | $58012.80     | 0.37%             | 2032-12-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International Inc                                          | Light & Wonder (Scientific Games) Term Loan B 200 2029-04-01                                            | CUSIP: 80875AAY7<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |     70000 | PA      | $69941.90     | 0.44%             | 2029-04-16      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| INDICOR LLC                                                                 | Indicor (Roper Industrial) Term Loan B 250 2029-11-01                                                   | CUSIP: 77669LAL7<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |     96612 | PA      | $96518.13     | 0.61%             | 2029-11-22      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Select Medical Corporation                                                  | Select Medical Term Loan B 200 2031-11-11                                                               | CUSIP: 816194AY0<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |     49375 | PA      | $49004.69     | 0.31%             | 2031-12-03      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Century DE Buyer LLC                                                        | CENTURY DE BUYER LLC                                                                                    | CUSIP: 15651FAE6<br>LEI: 254900PQRPPYRTQIDX74 | Long             | LON              | CORP              | US        |    200955 | PA      | $194968.82    | 1.24%             | 2030-10-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                                         | Applied Systems Second-lien Term Loan 450 2031-02-01                                                    | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |     10000 | PA      | $9845.80      | 0.06%             | 2032-02-23      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| Kaman Corporation                                                           | KAMAN CORP                                                                                              | CUSIP: 48354VAM4<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |     95229 | PA      | $95210.55     | 0.60%             | 2032-02-26      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                              | Opella (Sanofi consumer healthcare) Term Loan B 300 2032-04-01                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     74625 | PA      | $74547.39     | 0.47%             | 2032-04-28      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| NAB Holdings LLC                                                            | North American Bancard Term Loan B 250 2028-11-01                                                       | CUSIP: 66345FAB7<br>LEI: 549300G4QOYNTNBXSH82 | Long             | LON              | CORP              | US        |    160739 | PA      | $146629.70    | 0.93%             | 2028-11-24      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Arsenal Aic Parent LLC                                                      | Arconic Rolled Products Corp Term Loan B 275 2030-08-01                                                 | CUSIP: 04287KAG6<br>LEI: 254900G9F9HA5EP57J39 | Long             | LON              | CORP              | US        |     72042 | PA      | $72132.22     | 0.46%             | 2030-08-18      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                     | Talen Energy Supply Term Loan B (Incremental) 200 2032-10-04                                            | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |     72818 | PA      | $72804.39     | 0.46%             | 2032-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TENASKA PENNSYLVANIA PARTNERS LLC                                           | Tenaska Westmoreland Term Loan B 225 2033-01-18                                                         | CUSIP: 88032VAB4<br>LEI: 549300CB8VIHF2XGYM96 | Long             | LON              | CORP              | US        |     40000 | PA      | $39800.00     | 0.25%             | 2033-02-18      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Upstream Newco Inc                                                          | UPSTREAM NEWCO INC                                                                                      | CUSIP: 91678HAJ1<br>LEI: 549300Q4K2W4R1EBTH48 | Long             | LON              | CORP              | US        |     56330 | PA      | $51862.92     | 0.33%             | 2029-11-20      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| CACI International Inc                                                      | CACI International Term Loan B (Incremental) 175 2033-02-18                                             | CUSIP: 12718FAQ7<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | LON              | CORP              | US        |     15000 | PA      | $14981.25     | 0.10%             | 2033-02-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Red SPV LLC                                                                 | RED SPV LLC                                                                                             | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99250 | PA      | $99001.88     | 0.63%             | 2032-03-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings Inc                                                      | Energizer Holdings Term Loan B 200 2032-02-01                                                           | CUSIP: 29267YAW2<br>LEI: 5493000D6NN0V57UME20 | Long             | LON              | CORP              | US        |     71028 | PA      | $70761.56     | 0.45%             | 2032-03-13      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| BrightView Landscapes LLC                                                   | BrightView Landscapes (fka Brickman) Term Loan B 200 2029-04-01                                         | CUSIP: 10801XAL1<br>LEI: 549300OSAEQC89PVOW06 | Long             | LON              | CORP              | US        |    266448 | PA      | $265337.27    | 1.68%             | 2029-04-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| AI Aqua Merger Sub Inc FKA Osmosis Buyer Limited                            | Culligan International Term Loan B 275 2028-07-01                                                       | CUSIP: 00132UAQ7<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |     70000 | PA      | $69792.10     | 0.44%             | 2028-07-31      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Bausch & Lomb Corporation                                                   | BAUSCH + LOMB CORP                                                                                      | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |     53988 | PA      | $54054.98     | 0.34%             | 2031-01-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Cincinnati Bell Inc                                                         | Altafiber (Cincinnati Bell) Term Loan B-4 225 2028-12-07                                                | CUSIP: 17187MAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    210357 | PA      | $209755.43    | 1.33%             | 2028-11-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc                                                | Univision Communications/Televisa Term Loan B (Incremental) 350 2029-01-01                              | CUSIP: 914908BG2<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    100972 | PA      | $99899.95     | 0.63%             | 2029-01-31      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                                               | TransDigm Term Loan K 225 2030-03-01                                                                    | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    117410 | PA      | $117378.30    | 0.75%             | 2030-03-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Albion Financing 3 SARL                                                     | Aggreko Term Loan B 300 2031-05-01                                                                      | CUSIP: 01330EAD0<br>LEI: 259400QTZA08U7DIP580 | Long             | LON              | CORP              | US        |     84191 | PA      | $84059.57     | 0.53%             | 2031-05-21      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings Inc                                                   | Primo Brands (BlueTriton Brands/Nestl Waters NA) Term Loan B 275 2031-03-15                             | CUSIP: 89678QAF3<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |     60000 | PA      | $60065.40     | 0.38%             | 2031-03-19      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| LUXCO EUR                                                                   | LUXCO EUR                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | N/A       |      1188 | NS      | $19773.36     | 0.13%             |  |  |  | No            |                  3 | On Loan: No      |
| Del Monte Foods, Inc                                                        | DEL MONTE FOODS CORP II INC                                                                             | CUSIP: 24521WAL3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     66737 | PA      | $52054.77     | 0.33%             | 2026-04-02      | Floating      | 13.28%                | No            |                  3 | On Loan: No      |
| DG Investment Intermediate Holdings 2 Inc                                   | DG INVESTMENT INTERMEDI                                                                                 | CUSIP: 23344MAM0<br>LEI: 5493000K4943E6XIGE81 | Long             | LON              | CORP              | US        |    152614 | PA      | $152422.93    | 0.97%             | 2032-07-09      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing Inc                                           | AMERICAN AXLE & MFG INC                                                                                 | CUSIP: 02406MBB2<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |     54450 | PA      | $54143.99     | 0.34%             | 2033-02-03      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| DirectV Financing LLC                                                       | DIRECTV Term Loan B 525 2029-08-01                                                                      | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    228153 | PA      | $228474.99    | 1.45%             | 2029-08-02      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| Whitewater DBR Holdco LLC                                                   | WhiteWater DBR Term Loan B 225 2031-03-01                                                               | CUSIP: 96616PAD0<br>LEI: 21380025GXMNBTSJP816 | Long             | LON              | CORP              | US        |    108353 | PA      | $108461.76    | 0.69%             | 2031-03-03      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Connectwise, LLC                                                            | ConnectWise Term Loan B 350 2028-09-07                                                                  | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     51989 | PA      | $47872.94     | 0.30%             | 2028-09-29      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| GIP Pilot Acquisition Partners LP                                           | GIP Pilot Acquisition Partners Term Loan B 200 2030-10-01                                               | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |     57966 | PA      | $57951.45     | 0.37%             | 2030-10-04      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Traverse Midstream Partners LLC                                             | TRAVERSE MIDSTREAM PARTN                                                                                | CUSIP: 000000000<br>LEI: 549300DHTM8B2X5QMJ22 | Long             | LON              | CORP              | US        |     62691 | PA      | $62638.93     | 0.40%             | 2028-02-16      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Eagle Broadband Investments LLC                                             | Eagle Broadband Investments LLC                                                                         | CUSIP: 26943PAB5<br>LEI: 254900W09ZHD1OM4I757 | Long             | LON              | CORP              | US        |    310940 | PA      | $295715.90    | 1.88%             | 2027-11-12      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Azorra Soar TLB FInance Limited                                             | Azorra Term Loan B 250 2029-10-01                                                                       | CUSIP: 000000000<br>LEI: 254900W0D3E1W7DRS089 | Long             | LON              | CORP              | US        |     44886 | PA      | $44867.55     | 0.28%             | 2029-10-18      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp                                                   | Gainwell Technologies (fka Milano Acqusition/DXC State & Local HHS) First-lien Term Loan 400 2027-08-03 | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     94489 | PA      | $91575.82     | 0.58%             | 2027-10-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Kaman Corporation                                                           | KAMN L 02/26/32 2                                                                                       | CUSIP: 48354VAN2<br>LEI: 5493003YK076OLTEQF95 | Long             | LON              | CORP              | US        |      9043 | PA      | $9041.24      | 0.06%             | 2032-02-26      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| OPENLANE Inc (f/k/a KAR Auction Services Inc)                               | Openlane Inc (fka KAR Auction Services) Term Loan B 250 2032-09-21                                      | CUSIP: 68373AAD5<br>LEI: 5493004HKD20LBSG7D03 | Long             | LON              | CORP              | US        |     46882 | PA      | $46823.90     | 0.30%             | 2032-10-08      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                            | AmWINS Group Term Loan B 200 2032-01-01                                                                 | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    138600 | PA      | $137535.55    | 0.87%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Fugue Finance B.V.                                                          | Nord Anglia Education Limited Term Loan B 225 2032-01-01                                                | CUSIP: 000000000<br>LEI: 254900Y4DWBRGAFENC88 | Long             | LON              | CORP              | US        |     24900 | PA      | $24550.05     | 0.16%             | 2032-01-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Alliance Laundry Systems LLC                                                | Alliance Laundry Systems Term Loan B 225 2031-08-01                                                     | CUSIP: 01862LBA5<br>LEI: 549300YBOGK6MBI5ND34 | Long             | LON              | CORP              | US        |     87711 | PA      | $87591.56     | 0.56%             | 2031-08-19      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                        | Charter Communications Operating Term Loan B-5 225 2031-11-14                                           | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    375250 | PA      | $375039.86    | 2.38%             | 2031-12-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| INVESCO EXCHANGE-TRADED FUND TRUST II                                       | Invesco Exchange Traded Fund Trust II SR LN ETF                                                         | CUSIP: 46138G508<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     23335 | NS      | $476267.35    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pac Dac LLC                                                                 | Phoenix Aviation Capital Term Loan B 325 2030-09-30                                                     | CUSIP: 69450PAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     74812 | PA      | $73596.80     | 0.47%             | 2030-10-28      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Finco I LLC                                                                 | Fortress Investment Group Term Loan B 175 2029-06-01                                                    | CUSIP: 31774BAH7<br>LEI: 5493001RSEZ0X6VJMC68 | Long             | LON              | CORP              | US        |     64638 | PA      | $62746.94     | 0.40%             | 2029-06-27      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Ensemble RCM LLC                                                            | Ensemble Health Partners Term Loan B 300 2033-01-18                                                     | CUSIP: 29359BAH4<br>LEI: 254900PDXJVVI20WAQ37 | Long             | LON              | CORP              | US        |     35000 | PA      | $34555.15     | 0.22%             | 2033-02-09      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Cogeco Communications Finance (USA) LP                                      | COGECO COMMUNICATIONS USA II LP                                                                         | CUSIP: 19239BAD0<br>LEI: 549300SM780G0XC48K12 | Long             | LON              | CORP              | US        |    251779 | PA      | $238155.01    | 1.51%             | 2030-09-18      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3 Inc                                                            | WAND NEWCO 3 INC                                                                                        | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    100697 | PA      | $99753.58     | 0.63%             | 2031-01-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Citadel Securities LP                                                       | Citadel Enterprise Term Loan B 200 2031-10-01                                                           | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    170253 | PA      | $170348.12    | 1.08%             | 2031-10-31      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Entain PLC                                                                  | ENTAIN HOLDINGS GIBRALTA                                                                                | CUSIP: 000000000<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | GI        |     93580 | PA      | $93477.74     | 0.59%             | 2029-10-31      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Hamilton Projects Acquiror LLC                                              | HAMILTON PROJECTS ACQUIROR LLC                                                                          | CUSIP: 000000000<br>LEI: 5493005K6XILIQ2EZY52 | Long             | LON              | CORP              | US        |     18030 | PA      | $18046.05     | 0.11%             | 2031-05-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Flutter Entertainment Public Limited Company                                | Flutter Entertainment Term Loan B (Incremental) 200 2032-05-17                                          | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | LON              | CORP              | US        |    103938 | PA      | $102638.96    | 0.65%             | 2032-06-04      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                                          | Nouryon (fka AkzoNobel Specialty Chemicals) Term Loan B 325 2028-04-01                                  | CUSIP: 000000000<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | US        |     76451 | PA      | $74826.50     | 0.48%             | 2028-04-03      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| UFC Holdings LLC (Zuffa)/TKO Group                                          | TKO Group Holdings (UFC) Term Loan B 200 2031-11-01                                                     | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |    172819 | PA      | $172597.86    | 1.10%             | 2031-11-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Lsf12 Crown Us Commercial Bidco, LLC                                        | LSF12 CROWN US COMMERCIA                                                                                | CUSIP: 50221UAE1<br>LEI: 254900FI2OCFTJ9PAJ18 | Long             | LON              | CORP              | US        |    193819 | PA      | $193819.41    | 1.23%             | 2031-12-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle Acquireco, Inc.                                                   | Electronic Arts Term Loan B 350 2033-03-14                                                              | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |     75000 | PA      | $74531.25     | 0.47%             | 2033-03-24      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Madison Iaq LLC                                                             | Madison IAQ Term Loan B 325 2028-05-31                                                                  | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    188031 | PA      | $187831.77    | 1.19%             | 2028-06-21      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp                                                         | 1-800 Contacts Term Loan B 250 2032-11-01                                                               | CUSIP: 12656AAF6<br>LEI: 254900SYIEHMSB69WT08 | Long             | LON              | CORP              | US        |    149884 | PA      | $149711.91    | 0.95%             | 2032-11-08      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Information Management LLC                                    | Iron Mountain Term Loan B (Incremental) 225 2030-11-29                                                  | CUSIP: 46284NAV1<br>LEI: 5493009M0X1LQXGBWV02 | Long             | LON              | CORP              | US        |     78964 | PA      | $78371.80     | 0.50%             | 2031-01-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                                               | TransDigm Term Loan J 250 2031-02-01                                                                    | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     29425 | PA      | $29421.89     | 0.19%             | 2031-02-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Cornerstone Generation, LLC                                                 | Cornerstone Generation Term Loan B 325 2031-10-14                                                       | CUSIP: 21924NAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    158610 | PA      | $158496.94    | 1.01%             | 2032-08-11      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings Ltd.                                                        | Westinghouse Electric Co Term Loan B 275 2031-01-03                                                     | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    182557 | PA      | $182157.54    | 1.16%             | 2031-01-27      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TMF Sapphire Bidco BV                                                       | TMF SAPPHIRE BIDCO BV                                                                                   | CUSIP: 000000000<br>LEI: 213800H27OKZZZ2CB779 | Long             | LON              | CORP              | NL        |     39106 | PA      | $39086.45     | 0.25%             | 2028-05-03      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Grifols Worldwide Operations USA Inc                                        | Grifols Worldwide Term Loan B 200 2027-10-26                                                            | CUSIP: 39843PAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    120000 | PA      | $119816.40    | 0.76%             | 2027-11-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC(f/k/a White Cap Buyer LLC)                    | White Cap Term Loan B (Incremental) 350 2033-01-31                                                      | CUSIP: 96350TAK6<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |     80000 | PA      | $75933.60     | 0.48%             | 2033-02-10      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Indeck Niles, LLC                                                           | INDECK NILES LLC                                                                                        | CUSIP: 000000000<br>LEI: 5493003HISDK37Z6Q008 | Long             | LON              | CORP              | US        |     25000 | PA      | $24968.75     | 0.16%             | 2033-03-09      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ECL Entertainment LLC                                                       | ECL Entertainment Term Loan B 300 2030-08-01                                                            | CUSIP: 26826TAM5<br>LEI: 254900UPSGHOBB360Z85 | Long             | LON              | CORP              | US        |     83409 | PA      | $82783.53     | 0.53%             | 2030-08-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Financiere Mendel                                                           | FINANCIERE MENDEL SASU                                                                                  | CUSIP: 000000000<br>LEI: 969500FG3VYTO80D0A13 | Long             | LON              | CORP              | FR        |     24688 | PA      | $24849.45     | 0.16%             | 2030-11-08      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                         | Medline Industries Term Loan B (Incremental) 200 2030-10-01                                             | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    218012 | PA      | $218249.47    | 1.39%             | 2030-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                           | Nexstar Broadcasting Term Loan B 250 2032-06-14                                                         | CUSIP: 65336RBB3<br>LEI: 5493006PK6I4I2OOT688 | Long             | LON              | CORP              | US        |    129350 | PA      | $127848.25    | 0.81%             | 2032-06-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Alkermes Inc                                                                | ALKERMES INC                                                                                            | CUSIP: 000000000<br>LEI: 549300YHRMYLL071E243 | Long             | LON              | CORP              | US        |     35000 | PA      | $35240.80     | 0.22%             | 2031-08-12      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Whitewater Matterhorn Holdings, LLC                                         | WhiteWater Matterhorn Term Loan B 175 2032-06-01                                                        | CUSIP: 96618PAC0<br>LEI: 2138009J7G187M6C4Q91 | Long             | LON              | CORP              | US        |    115000 | PA      | $114281.25    | 0.73%             | 2032-06-16      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                                | Acrisure Term Loan B 300 2030-11-01                                                                     | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    166102 | PA      | $160662.10    | 1.02%             | 2030-11-06      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco Us Inc.                                                       | Nielsen Term Loan B 500 2033-01-20                                                                      | CUSIP: 64069JAK8<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |     75000 | PA      | $71475.00     | 0.45%             | 2033-01-28      | Floating      | 8.76%                 | No            |                  2 | On Loan: No      |
| EOC Borrower LLC                                                            | Endeavor Term Loan B 300 2032-01-15                                                                     | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24812 | PA      | $24694.64     | 0.16%             | 2032-03-24      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Windsor Holdings III LLC                                                    | WINDSOR HOLDINGS III LLC                                                                                | CUSIP: 97360BAH8<br>LEI: 254900IXUJZ9H146T437 | Long             | LON              | CORP              | US        |    103688 | PA      | $102002.58    | 0.65%             | 2030-08-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Glatfelter Corporation                                                      | Magnera (fka Glatfelter) Term Loan B 425 2031-09-24                                                     | CUSIP: 89458XAB3<br>LEI: 549300LDQLQBT38QDY28 | Long             | LON              | CORP              | US        |     35000 | PA      | $33477.50     | 0.21%             | 2031-11-04      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| MV Holding GmbH FKA Igloo Holdings Corp                                     | Minimax Viking Term Loan B 225 2032-02-09                                                               | CUSIP: 55404TAF9<br>LEI: 549300Z5C6IXF1KV0Z78 | Long             | LON              | CORP              | US        |    114140 | PA      | $114139.65    | 0.72%             | 2032-03-17      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Potomac Energy Center, LLC                                                  | POTOMAC ENERGY CENTER                                                                                   | CUSIP: 000000000<br>LEI: 549300BHYFK6M9HVNA29 | Long             | LON              | CORP              | US        |     29056 | PA      | $29055.94     | 0.18%             | 2032-08-05      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Lannett Company Inc.                                                        | LANNETT CO INC                                                                                          | CUSIP: 000000000<br>LEI: 5299001DJ6C90XX17G45 | Long             | LON              | CORP              | US        |      6461 | PA      | $5157.23      | 0.03%             | 2030-06-16      | Floating      | 2.00%                 | No            |                  3 | On Loan: No      |
| Shift4 Payments LLC                                                         | Shift4 Payments (fka Lighthouse Network) Term Loan B 200 2032-05-01                                     | CUSIP: 82453JAC2<br>LEI: 254900GTEMR7L40VPI74 | Long             | LON              | CORP              | US        |     75000 | PA      | $74766.00     | 0.47%             | 2032-07-03      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                                            | Mission Pet (fka Southern Veterinary Partners) Term Loan B 250 2031-12-01                               | CUSIP: 84410HAQ3<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |     59401 | PA      | $58820.95     | 0.37%             | 2031-12-04      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Dynamo Us Bidco Inc.                                                        | DYNAMO US BIDCO INC                                                                                     | CUSIP: 26806DAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     19701 | PA      | $17115.35     | 0.11%             | 2031-09-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Resilience Parent LLC                                                       | RESILIENCE PARENT LLC                                                                                   | CUSIP: 75908HAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25000 | PA      | $24851.50     | 0.16%             | 2033-02-28      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc                                                   | McGraw-Hill Global Education Holdings Term Loan B 275 2031-08-01                                        | CUSIP: 58063DAG8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | LON              | CORP              | US        |     39635 | PA      | $39529.37     | 0.25%             | 2031-08-06      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Construction Partners Inc                                                   | Construction Partners Term Loan B 250 2031-10-20                                                        | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |    209763 | PA      | $209435.67    | 1.33%             | 2031-11-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Pegasus Bidco Bv                                                            | PEGASUS BIDCO BV                                                                                        | CUSIP: 000000000<br>LEI: 254900U303DPAFR7MA71 | Long             | LON              | CORP              | US        |     79799 | PA      | $79424.73     | 0.50%             | 2029-07-12      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                         | PEER HOLDING III BV                                                                                     | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    132300 | PA      | $131969.25    | 0.84%             | 2030-10-26      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                                           | CLARIOS GLOBAL LP                                                                                       | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | N/A       |    152722 | PA      | $152102.03    | 0.97%             | 2030-05-06      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Blackfin Pipeline LLC                                                       | Blackfin Pipeline Term Loan B 300 2032-09-21                                                            | CUSIP: 09231PAB2<br>LEI: 254900F4BUS186SK8A51 | Long             | LON              | CORP              | US        |     44888 | PA      | $45069.74     | 0.29%             | 2032-09-29      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                        | LifePoint Health Term Loan B (Incremental) 350 2031-05-01                                               | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    118463 | PA      | $118272.46    | 0.75%             | 2031-05-16      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp                                                       | Playtika Term Loan B 275 2028-02-25                                                                     | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |     94334 | PA      | $88634.36     | 0.56%             | 2028-03-13      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings Inc                                                   | Primo Brands (BlueTriton Brands/Nestl Waters NA) Term Loan B 225 2028-03-01                             | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    235148 | PA      | $235227.50    | 1.49%             | 2028-03-31      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services Holdings II LLC (f/k/a Greeneden US Holdings II LLC) | Genesys Telecommunications Laboratories Term Loan B 250 2032-01-01                                      | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |    138600 | PA      | $132421.21    | 0.84%             | 2032-01-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings, LLC                                              | Truist Insurance Holdings Term Loan B 275 2031-05-01                                                    | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     45000 | PA      | $44311.05     | 0.28%             | 2031-05-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Del Monte Foods, Inc.                                                       | DELMFD L 08/02/28 1                                                                                     | CUSIP: 24521WAC3<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |    131722 | PA      | $3951.67      | 0.03%             | 2028-08-02      | Floating      | 8.02%                 | No            |                  3 | On Loan: No      |
| LifePoint Health Inc                                                        | LifePoint Health Term Loan B 375 2031-05-01                                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |     64101 | PA      | $64084.78     | 0.41%             | 2031-05-16      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment Inc                                               | Live Nation Term Loan B 200 2032-10-06                                                                  | CUSIP: 53803HAY6<br>LEI: 5493007B9BM9ZXJINO78 | Long             | LON              | CORP              | US        |     59850 | PA      | $59775.19     | 0.38%             | 2032-10-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Ineos Finance PLC                                                           | Ineos Group Term Loan B 325 2030-02-01                                                                  | CUSIP: 000000000<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    274038 | PA      | $237955.82    | 1.51%             | 2030-02-19      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Phoenix Guarantor Inc                                                       | PHOENIX GUARANTOR INC                                                                                   | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    217058 | PA      | $216945.39    | 1.38%             | 2031-02-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Karman Holdings LLC                                                         | Karman Holdings Term Loan B (Add-on) 275 2032-04-01                                                     | CUSIP: 48571CAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24938 | PA      | $24922.04     | 0.16%             | 2032-04-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC (aka Protection 1 Security Solutions) | PRIME SECURITY SERVICES BOR                                                                             | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    123228 | PA      | $122567.60    | 0.78%             | 2030-10-13      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| AL GCX Holdings LLC                                                         | AL GCX Fund VIII Holdings Term Loan B 200 2032-01-20                                                    | CUSIP: 00162AAB7<br>LEI: 254900KQJGH397AKYT16 | Long             | LON              | CORP              | US        |    136761 | PA      | $136461.26    | 0.87%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Composecure Holdings, L.L.C.                                                | CompoSecure/Husky Technologies Term Loan B 225 2032-12-31                                               | CUSIP: 20459KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     32000 | PA      | $31860.16     | 0.20%             | 2033-01-14      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                                 | Caesars Entertainment Inc Term Loan B 225 2030-02-01                                                    | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     97200 | PA      | $94284.00     | 0.60%             | 2030-02-06      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                     | UKG Term Loan B 350 2031-01-20                                                                          | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    191319 | PA      | $182543.06    | 1.16%             | 2031-02-10      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                               | Life Time Fitness Term Loan B 200 2031-11-01                                                            | CUSIP: 50218KAN8<br>LEI: 549300PALKE96VYH4X17 | Long             | LON              | CORP              | US        |    113591 | PA      | $113484.68    | 0.72%             | 2031-11-05      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC                                   | Oryx Southern Delaware Holdings Term Loan B 225 2028-10-01                                              | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |     67370 | PA      | $67389.08     | 0.43%             | 2028-10-05      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                                               | HOPPER MERGER SUB INC                                                                                   | CUSIP: 000000000<br>LEI: 9845009E9B4548A5N478 | Long             | LON              | CORP              | US        |     60000 | PA      | $59250.00     | 0.38%             | 2033-01-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Graham Packaging Company Inc                                                | GRAHAM PACKAGING/GPC CAP                                                                                | CUSIP: 000000000<br>LEI: 549300YS0ZFT826HIK72 | Long             | LON              | CORP              | US        |     40000 | PA      | $39544.40     | 0.25%             | 2033-01-26      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Genmab A/S                                                                  | Genmab A/S Term Loan B 300 2032-11-05                                                                   | CUSIP: 37231EAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | LON              | CORP              | US        |     45000 | PA      | $45126.45     | 0.29%             | 2032-12-10      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| PetsMart LLC                                                                | PetSmart Term Loan B 400 2032-08-02                                                                     | CUSIP: 71677HAN5<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |     63000 | PA      | $62511.75     | 0.40%             | 2032-08-18      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                       | Quikrete Term Loan B 225 2031-04-01                                                                     | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    354607 | PA      | $353840.83    | 2.25%             | 2031-04-14      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                                         | Gray Television Term Loan D (Incremental) 300 2028-10-17                                                | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    108961 | PA      | $108885.41    | 0.69%             | 2028-12-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Amentum Holdings LLC                                                        | Amentum (AECOM management business) Term Loan B 225 2031-07-22                                          | CUSIP: 02351XAB4<br>LEI: 2549009FJIBLW40CU216 | Long             | LON              | CORP              | US        |     92861 | PA      | $92784.40     | 0.59%             | 2031-09-29      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Gibraltar Industries, Inc.                                                  | GIBRALTAR INDUSTRIES INC                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     27692 | PA      | $27519.23     | 0.17%             | 2033-02-02      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                       | Level 3 Term Loan B-4 325 2032-03-01                                                                    | CUSIP: 52729KAU0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |     80000 | PA      | $79916.80     | 0.51%             | 2032-03-29      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Klockner Pentaplast                                                         | Klockner Pentaplast                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12465 | NS      | $14783.49     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Astoria Energy LLC                                                          | Astoria Energy Term Loan B 275 2032-06-03                                                               | CUSIP: 04626LAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     90047 | PA      | $90061.24     | 0.57%             | 2032-06-23      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| CQP Holdco LP                                                               | CQP Holdco Term Loan B 175 2032-12-01                                                                   | CUSIP: 12657QAF0<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |     77804 | PA      | $77366.76     | 0.49%             | 2032-12-31      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Del Monte Foods, Inc                                                        | DELMFD L 08/02/28 4                                                                                     | CUSIP: 24521WAD1<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |    303287 | PA      | $3032.87      | 0.02%             | 2028-08-02      | Floating      | 8.53%                 | No            |                  3 | On Loan: No      |
| Focus Financial Partners LLC                                                | Focus Financial Term Loan B-8 (add-on) 275 2031-09-01                                                   | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |     34912 | PA      | $33737.48     | 0.21%             | 2031-09-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Cotiviti Inc                                                                | Cotiviti Inc Term Loan B 325 2031-02-12                                                                 | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |     48781 | PA      | $44847.93     | 0.28%             | 2031-05-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| NCR Atleos, LLC                                                             | NCR Atleos Term Loan B 300 2029-04-01                                                                   | CUSIP: 63001PAG6<br>LEI: 9845005FC3S0VA714741 | Long             | LON              | CORP              | US        |     24846 | PA      | $24752.81     | 0.16%             | 2029-04-16      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Harbor Freight Tools USA Inc                                                | Harbor Freight Term Loan B 250 2031-05-27                                                               | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |    126837 | PA      | $125376.15    | 0.80%             | 2031-06-11      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Dycom Industries, Inc.                                                      | Dycom Industries Term Loan B 175 2033-01-10                                                             | CUSIP: 26747FAV1<br>LEI: 549300F56EKTHQI3WT60 | Long             | LON              | CORP              | US        |     85000 | PA      | $85248.20     | 0.54%             | 2033-01-27      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Sigma Holdco BV                                                             | FLORA FOOD MANAGEMENT US CORP                                                                           | CUSIP: 000000000<br>LEI: 254900U4MHW4MZWGFU47 | Long             | LON              | CORP              | US        |     49436 | PA      | $48292.67     | 0.31%             | 2030-10-31      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| PointClickCare Technologies                                                 | PointClickCare Term Loan B 275 2031-11-01                                                               | CUSIP: 000000000<br>LEI: 5493001Z0LHHBZLVDX36 | Long             | LON              | CORP              | US        |     24751 | PA      | $24595.93     | 0.16%             | 2031-11-03      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                                         | CLYDESDALE ACQUISITION                                                                                  | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | N/A       |    105000 | PA      | $99928.50     | 0.63%             | 2029-04-13      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Chobani LLC                                                                 | Chobani Term Loan B 225 2032-10-13                                                                      | CUSIP: 17026YAL3<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |     34912 | PA      | $34897.84     | 0.22%             | 2032-10-28      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Viasat Inc                                                                  | ViaSat Term Loan B 450 2029-02-08                                                                       | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |     74612 | PA      | $74747.45     | 0.47%             | 2029-03-02      | Floating      | 8.28%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                             | RAND PARENT LLC                                                                                         | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     60620 | PA      | $60473.11     | 0.38%             | 2030-03-18      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Lightning Power, LLC                                                        | Lightning Power Term Loan B 325 2031-07-28                                                              | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |    103947 | PA      | $104060.66    | 0.66%             | 2031-08-18      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| AlixPartners LLP                                                            | AlixPartners Term Loan B 200 2032-07-26                                                                 | CUSIP: 01642PBE5<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |     49875 | PA      | $49355.30     | 0.31%             | 2032-08-12      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Frontdoor Inc                                                               | frontdoor Term Loan B 225 2031-12-04                                                                    | CUSIP: 35905CAK1<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | LON              | CORP              | US        |    138250 | PA      | $138337.10    | 0.88%             | 2031-12-17      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| SKECHERS U.S.A. INC. (Beach Acquisition Bidco)                              | SKX L 09/13/32 1                                                                                        | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |     38902 | PA      | $38951.13     | 0.25%             | 2032-09-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Brown Group Holding LLC                                                     | BROWN GROUP HOLDING LLC                                                                                 | CUSIP: 11565HAB2<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    173246 | PA      | $173354.74    | 1.10%             | 2031-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Gates Corporation                                                           | Gates Industrial (Gates Global) Term Loan B 225 2031-05-19                                              | CUSIP: 36740UAY8<br>LEI: 549300XI79MQJV13DW27 | Long             | LON              | CORP              | US        |    211775 | PA      | $211383.22    | 1.34%             | 2031-06-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| LUMMUS TECHNOLOGY HOLDINGS V LLC                                            | Lummus Technology Term Loan B 250 2029-12-01                                                            | CUSIP: 45232UAH1<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |    201037 | PA      | $199277.92    | 1.27%             | 2029-12-31      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners Inc                                                    | BroadStreet Partners Term Loan B-4 300 2031-06-01                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |     49411 | PA      | $48132.27     | 0.31%             | 2031-06-13      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Green Infrastructure Partners Inc.                                          | Green Infrastructure Partners Term Loan B 275 2032-09-08                                                | CUSIP: 39306DAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25000 | PA      | $24937.50     | 0.16%             | 2032-09-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Proofpoint Inc                                                              | Proofpoint Term Loan B 300 2028-08-01                                                                   | CUSIP: 74345HAJ0<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |     71924 | PA      | $69527.14     | 0.44%             | 2028-08-31      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Sazerac Company, Inc.                                                       | Sazerac Company Term Loan B 200 2032-07-01                                                              | CUSIP: 80583EAP1<br>LEI: 9QU0CG1O4LSOB6IFK895 | Long             | LON              | CORP              | US        |      9975 | PA      | $9961.13      | 0.06%             | 2032-07-09      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco Gmbh                                                      | TK Elevator (fka Thyssenkrupp Elevator) Term Loan B 300 2030-04-01                                      | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | LON              | CORP              | US        |    119102 | PA      | $119292.81    | 0.76%             | 2030-04-30      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Altice France SA                                                            | NUMERICABLE US LLC                                                                                      | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | US        |    188523 | PA      | $187109.52    | 1.19%             | 2028-05-01      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Ardonagh Group Finco Pty Ltd                                                | Ardonagh Group (previously KIRS Group, Towergate Partnership) Term Loan B 375 2031-02-01                | CUSIP: 000000000<br>LEI: 254900YP2E642AGM4G32 | Long             | LON              | CORP              | US        |     83706 | PA      | $81666.07     | 0.52%             | 2031-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Froneri International Limited                                               | Froneri Term Loan B 200 2031-09-02                                                                      | CUSIP: 000000000<br>LEI: 213800NRSZ1N2Y6LEX44 | Long             | LON              | CORP              | US        |    249092 | PA      | $243773.88    | 1.55%             | 2031-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc                                                 | Surgery Partners Term Loan B 250 2030-12-01                                                             | CUSIP: 86880NBD4<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |     59849 | PA      | $59820.52     | 0.38%             | 2030-12-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Freeport LNG Investments, LLP                                               | Freeport LNG Investments Term Loan B 325 2033-01-18                                                     | CUSIP: 35670CAE8<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |     40000 | PA      | $39966.80     | 0.25%             | 2033-02-11      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Holdings, Inc.                                            | SS&C Technologies Term Loan B-8 200 2031-04-28                                                          | CUSIP: 78466DBJ2<br>LEI: 529900POY8H7NPPNKK71 | Long             | LON              | CORP              | US        |     92296 | PA      | $91932.28     | 0.58%             | 2031-05-09      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Nexstar Broadcasting                                                        | Nexstar Broadcasting Term Loan B (Incremental) 275 2033-03-07                                           | CUSIP: 65336RBF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25000 | PA      | $24698.00     | 0.16%             | 2033-03-07      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Biomarin Pharmaceutical Inc.                                                | BIOMARIN PHARMACEUTICAL INC                                                                             | CUSIP: 000000000<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | LON              | CORP              | US        |      5000 | PA      | $4984.40      | 0.03%             | 2033-01-28      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kuehg Corp.                                                                 | KUEHG CORP                                                                                              | CUSIP: 50118YAH2<br>LEI: 549300YNT566T1NYJX62 | Long             | LON              | CORP              | US        |     49229 | PA      | $43866.78     | 0.28%             | 2030-06-12      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Project Ruby Ultimate Parent Corp                                           | PROJECT RUBY ULTIMATE PARENT CORP                                                                       | CUSIP: 74339UBA7<br>LEI: 549300UGGIEE7YT1C741 | Long             | LON              | CORP              | US        |     34913 | PA      | $34716.46     | 0.22%             | 2028-03-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Virtus Managed Account Completion Shares (MACS) Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer