# EDGAR Filing Document

**Accession Number:** 0001677615
**File Stem:** 0001677615-26-000008
**Filing Date:** 2026-5
**Character Count:** 59738
**Document Hash:** 69971811b20fe71cba18e784f00b9bb5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001677615-26-000008.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001677615-26-000008

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Project & Trade Finance Tender Fund
- **CENTRAL INDEX KEY:** 0001677615

**ORGANIZATION NAME:**
- **EIN:** 812971155

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23174
- **FILM NUMBER:** 261011162

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Project & Trade Finance Tender Fund
- **DATE OF NAME CHANGE:** 20160620

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Project & Trade Finance Tender Fund

- **b. Investment Company Act file number:** 811-23174

- **c. CIK number of Registrant:** 0001677615

- **d. LEI of Registrant:** 254900KZZTQ7NIF5KQ63

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Project & Trade Finance Tender Fund

- **c. LEI of Series:** 254900KZZTQ7NIF5KQ63

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $1035315109.45

**Total Liabilities:** $181511.19

**Net Assets:** $1035133598.26

**Cash Not Reported:** $21830235.06

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -11.564260000000 | **1-Year:** -855.991089000000 | **5-Year:** -2881.539307000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** -6997.474793000000 | **1-Year:** -71122.766104000000 | **5-Year:** -131687.842928000000 | **10-Year:** -5538.631369000000 | **30-Year:** -0.001943000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.60%                | 0.40%                | 0.41%                |
| Class ID N/A | 0.60%                | 0.40%                | 0.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $70053.64                | $2433847.19                                |
| Month 2  | $498344.38               | $-2003398.06                               |
| Month 3  | $-194409.55              | $-7592093.06                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Guarantor Aercap Holdings N.V                               | Guarantor Aercap Holdings N.V Term Loan                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |   3150233 | PA      | $3150233.08   | 0.30%             | 2028-12-31      | Floating      | 5.17%                 | Yes           |                  3 | On Loan: No      |
| PJSC Acron                                                  | PJSC Acron Syndicated Committed Pre-Export Finance Facility                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1200000 | PA      | $1198975.66   | 0.12%             | 2026-05-18      | Floating      | 6.66%                 | Yes           |                  3 | On Loan: No      |
| JSC UzAuto Motors                                           | JSC UzAuto Motors 2023 Unsecured Syndicated Term Loan                                            | CUSIP: 000000000<br>LEI: 25490082QA3E2MKBZI88 | Long             | LON              | CORP              | XX        |   1600000 | PA      | $1600000.00   | 0.15%             | 2026-08-24      | Floating      | 7.85%                 | Yes           |                  3 | On Loan: No      |
| Alfa Lula Alto SARL                                         | Alfa Lula Alto SARL Term Loan Tranche A                                                          | CUSIP: 000000000<br>LEI: 549300EXUOF3G2SCPA35 | Long             | LON              | CORP              | BR        |   6333008 | PA      | $6407731.10   | 0.62%             | 2028-01-15      | Floating      | 6.00%                 | Yes           |                  3 | On Loan: No      |
| Heritage Petroleum Company Limited                          | Heritage Petroleum Company Limited Term Loan                                                     | CUSIP: 000000000<br>LEI: 25490055MYPABN06OA04 | Long             | LON              | CORP              | TT        |  10118472 | PA      | $10118471.91  | 0.98%             | 2029-05-05      | Floating      | 9.19%                 | Yes           |                  3 | On Loan: No      |
| Glencore International AG                                   | Glencore International AG 2022 Term Loan                                                         | CUSIP: 000000000<br>LEI: 213800PSSU2QXF1WLR89 | Long             | LON              | CORP              | CH        |  16481632 | PA      | $15315121.14  | 1.48%             | 2027-12-31      | Floating      | 6.17%                 | Yes           |                  3 | On Loan: No      |
| Puma International Financing S.A.                           | Puma International Financing S.A. 2024 Sustainability Linked Term Loan                           | CUSIP: 000000000<br>LEI: 222100YFBPO7IDRUBR17 | Long             | LON              | CORP              | LU        |  12018182 | PA      | $12014379.38  | 1.16%             | 2028-06-04      | Floating      | 5.76%                 | Yes           |                  3 | On Loan: No      |
| Government of Arab Republic of Egypt EGY-228 (GASC)         | Government of Arab Republic of Egypt EGY-228 (GASC) Syndicated ITFC Murabaha facility (EGY/0228) | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | EG        |    157557 | PA      | $157557.33    | 0.02%             | 2026-06-01      | Floating      | 7.99%                 | Yes           |                  3 | On Loan: No      |
| BANK OF INDUSTRY LIMITED                                    | Bank of Industry Limited2024 3 Year Syndicated AFC Term Loan                                     | CUSIP: 000000000<br>LEI: 5493006N5JD4B34R6G14 | Long             | LON              | CORP              | NG        |   7500000 | PA      | $7499199.75   | 0.72%             | 2027-09-30      | Floating      | 5.86%                 | Yes           |                  3 | On Loan: No      |
| Eastern and Southern African Trade and Development Bank     | Eastern and Southern African Trade and Development Bank2024 USD Tranche A Term Loan              | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   3000000 | PA      | $2993654.07   | 0.29%             | 2026-12-16      | Floating      | 5.38%                 | Yes           |                  3 | On Loan: No      |
| Eastern and Southern African Trade and Development Bank     | Eastern and Southern African Trade and Development Bank2024 USD Tranche B Term Loan              | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   4000000 | PA      | $3969987.80   | 0.38%             | 2027-12-16      | Floating      | 5.63%                 | Yes           |                  3 | On Loan: No      |
| NIGERIA LNG LIMITED                                         | Nigeria LNG LimitedCommercial Term Loan                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NG        |   7603778 | PA      | $7516149.60   | 0.73%             | 2029-03-31      | Floating      | 7.71%                 | Yes           |                  3 | On Loan: No      |
| LEOPARD FUNDING LIMITED                                     | LEOPARD FUNDING LIMITEDPre Export Finance Facility                                               | CUSIP: 000000000<br>LEI: 254900V8VSBF43LD7986 | Long             | LON              | CORP              | NG        |   4572973 | PA      | $4630022.13   | 0.45%             | 2029-09-17      | Floating      | 9.92%                 | Yes           |                  3 | On Loan: No      |
| Tartaruga MV29 B.V.                                         | Tartaruga MV29 B.V.Term Loan                                                                     | CUSIP: 000000000<br>LEI: 724500Z80MK53W5EQU19 | Long             | LON              | CORP              | NL        |  15401998 | PA      | $15401998.13  | 1.49%             | 2032-03-15      | Floating      | 6.29%                 | Yes           |                  3 | On Loan: No      |
| Government of Arab Republic of Egypt EGY/0236               | GOV OF AR REP OF EGYPT EGY0236 SYNDICA ITFC MURA Facilities EGY0236                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | LON              | NUSS              | EG        |  10161458 | PA      | $10130705.06  | 0.98%             | 2027-03-18      | Floating      | 7.69%                 | Yes           |                  3 | On Loan: No      |
| TRAFIGURA PTE LTD                                           | Trafigura PTE LTD2025 Syndicated Finance Facility                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SG        |   8878476 | PA      | $8866135.47   | 0.86%             | 2026-12-03      | Floating      | 5.07%                 | Yes           |                  3 | On Loan: No      |
| QNB FINANSBANK ANONIM SIRKETI                               | QNB Finansbank Anonim Sirketi2025 Trade Loan                                                     | CUSIP: 000000000<br>LEI: 789000Q21SW842S9IJ58 | Long             | LON              | CORP              | TR        |  20000000 | PA      | $19967408.60  | 1.93%             | 2026-05-18      | Floating      | 4.43%                 | Yes           |                  3 | On Loan: No      |
| Turkiey Ihracat Kredi Bankasi A.S. (TurkExim)               | Turkiey Ihracat Kredi Bankasi A.S. (TurkExim)2026 Fixed Syndicated ITFC Murabaha Term Loan       | CUSIP: 000000000<br>LEI: 789000JVRVYLAXGDWR11 | Long             | LON              | CORP              | TR        |  10000000 | PA      | $9934209.00   | 0.96%             | 2027-02-10      | Fixed         | 4.68%                 | Yes           |                  3 | On Loan: No      |
| ENERGIA MAYAKAN S DE RL DE CV                               | Energia Mayakan S de RL de CVTerm Loan (2125M)                                                   | CUSIP: 000000000<br>LEI: 2549004A4T5DABRBMJ37 | Long             | LON              | CORP              | MX        |  10017235 | PA      | $10017234.91  | 0.97%             | 2031-03-20      | Floating      | 6.45%                 | Yes           |                  3 | On Loan: No      |
| T.C. Ziraat Bankasi A.S.                                    | T.C. Ziraat Bankasi A.S.2025 EUR Dual Currency Term Loan                                         | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | LON              | CORP              | TR        |   5000000 | PA      | $5769951.07   | 0.56%             | 2026-05-25      | Floating      | 2.85%                 | Yes           |                  3 | On Loan: No      |
| Credit Agricole CIB                                         | PURCHASED USD / SOLD EUR                                                                         | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | N/A              | DFE              |  | US        |         1 | NC      | $1766027.44   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Harmony Gold Mining Company Limited                         | HARMONY GOLD MINING COMP LTD TERM LOAN                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | ZA        |   5500000 | PA      | $5500000.00   | 0.53%             | 2027-05-31      | Floating      | 6.47%                 | Yes           |                  3 | On Loan: No      |
| The Republic of Benin                                       | The Republic of Benin EUR Tied Commercial Facility                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   1371429 | PA      | $1564150.82   | 0.15%             | 2026-12-21      | Floating      | 6.43%                 | Yes           |                  3 | On Loan: No      |
| IHS Zambia                                                  | IHS Zambia 2021 Term Loan                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | ZM        |   6107692 | PA      | $6232322.08   | 0.60%             | 2027-12-15      | Floating      | 8.93%                 | Yes           |                  3 | On Loan: No      |
| The Republic of Benin MOF 2                                 | The Republic of Benin MOF 2 EUR Term Loan                                                        | CUSIP: 000000000<br>LEI: 635400Q11P6AE5A5Y230 | Long             | LON              | NUSS              | XX        |   1553571 | PA      | $1795695.89   | 0.17%             | 2027-04-30      | Floating      | 6.07%                 | Yes           |                  3 | On Loan: No      |
| Alfa Lula Alto SARL                                         | Alfa Lula Alto SARL Term Loan Tranche B                                                          | CUSIP: 000000000<br>LEI: 549300EXUOF3G2SCPA35 | Long             | LON              | CORP              | BR        |   6471543 | PA      | $6570792.45   | 0.63%             | 2029-12-15      | Floating      | 6.20%                 | Yes           |                  3 | On Loan: No      |
| Minister of Finance of Ukraine                              | Minister of Finance of Ukraine EUR Senior Unsecured Term Loan                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | UA        |   3500000 | PA      | $3737532.66   | 0.36%             | 2026-09-01      | Fixed         | 7.82%                 | Yes           |                  3 | On Loan: No      |
| Carmo Energy SA (Carmo) Brazil                              | Carmo Energy SA (Carmo) Brazil Term Loan                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | BR        |  10292305 | PA      | $10292304.95  | 0.99%             | 2029-12-22      | Floating      | 6.42%                 | Yes           |                  3 | On Loan: No      |
| Phoenix Tower International (PTI) Iberica V, NewCo          | Phoenix Tower International (PTI) Iberica V, NewCo EUR Refinancing Term Loan                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IT        |   7800000 | PA      | $9310053.67   | 0.90%             | 2030-10-25      | Floating      | 5.78%                 | Yes           |                  3 | On Loan: No      |
| JOINT STOCK COMPANY ASAKABANK                               | Joint Stock Company Asakabank2025 Syndicated Term Loan                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  10400000 | PA      | $10400000.00  | 1.00%             | 2026-04-29      | Floating      | 6.18%                 | Yes           |                  3 | On Loan: No      |
| JSC ALMALYK MMC                                             | JSC Almalyk MMCEUR 5 Years Senior Unsecured Term Loan                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  10500000 | PA      | $12136427.31  | 1.17%             | 2030-04-23      | Floating      | 5.33%                 | Yes           |                  3 | On Loan: No      |
| Phoenix Tower International (PTI) Iberica V, NewCo          | Phoenix Tower International (PTI) Iberica V, NewCo EUR Acquisition/Capex Term Loan               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IT        |   7700000 | PA      | $9190694.01   | 0.89%             | 2030-10-25      | Floating      | 5.78%                 | Yes           |                  3 | On Loan: No      |
| Gridiron Fiber Corp.                                        | Gridiron Fiber Corp. 2023 Term Loan                                                              | CUSIP: 000000000<br>LEI: 254900FRDJ7U5ZYHHW28 | Long             | LON              | CORP              | US        |  10890000 | PA      | $10890000.00  | 1.05%             | 2032-04-01      | Floating      | 7.45%                 | Yes           |                  3 | On Loan: No      |
| Qatar Electricity and Water Company Q.P.S.C                 | Qatar Electricity and Water Company QPSC Term Loan                                               | CUSIP: 000000000<br>LEI: 25490013GYOH69GNID36 | Long             | LON              | CORP              | QA        |   2193512 | PA      | $2173703.84   | 0.21%             | 2027-06-30      | Floating      | 4.83%                 | Yes           |                  3 | On Loan: No      |
| HTA GROUP LTD                                               | HTA Group Ltd 2024 Term Loan Tranche A                                                           | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | LON              | CORP              | US        |   5800000 | PA      | $5692508.43   | 0.55%             | 2028-09-13      | Floating      | 7.96%                 | Yes           |                  3 | On Loan: No      |
| EDRILL VENCEDOR PTE LTD                                     | Edrill Vencedor Pte LtdTranche A Term Loan                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TH        |   3012543 | PA      | $3000137.37   | 0.29%             | 2028-02-29      | Floating      | 7.35%                 | Yes           |                  3 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                           | Venture Global Calcasieu Pass, LLC Term Loan                                                     | CUSIP: 000000000<br>LEI: 549300GKHS6RS20NLH85 | Long             | LON              | CORP              | US        |   7569355 | PA      | $7569354.65   | 0.73%             | 2026-08-19      | Floating      | 6.64%                 | Yes           |                  3 | On Loan: No      |
| Marfrig Global Foods SA                                     | Marfrig Global Foods SA Advance on Foreign Exchange Contracts Term Loan                          | CUSIP: 000000000<br>LEI: 391200219USWMOBN3F92 | Long             | LON              | CORP              | BR        |  12500000 | PA      | $12497222.38  | 1.21%             | 2026-04-27      | Floating      | 5.49%                 | Yes           |                  3 | On Loan: No      |
| Ithaca Energy (UK) Limited                                  | Ithaca Energy (UK) LimitedRBL Revolver                                                           | CUSIP: 000000000<br>LEI: 213800PNX6EV1XVAFR95 | Long             | LON              | CORP              | GB        |    711538 | PA      | $711538.46    | 0.07%             | 2029-12-31      | Floating      | 7.67%                 | Yes           |                  3 | On Loan: No      |
| T.C. Ziraat Bankasi A.S.                                    | T.C. Ziraat Bankasi A.S.2025 USD Dual Currency Term Loan                                         | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | LON              | CORP              | TR        |   5000000 | PA      | $4990944.75   | 0.48%             | 2026-05-25      | Floating      | 4.76%                 | Yes           |                  3 | On Loan: No      |
| Caliche Development Partners III LLC, SPV                   | Caliche Development Partners III LLC, SPV Senior Secured Term Loan                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9137472 | PA      | $9137471.55   | 0.88%             | 2029-10-01      | Floating      | 5.89%                 | Yes           |                  3 | On Loan: No      |
| Antin Elephant Bidco B.V                                    | Antin Elephant Bidco B.VEUR Term Loan B                                                          | CUSIP: 000000000<br>LEI: 213800G9QN7P1DCM3137 | Long             | LON              | CORP              | NL        |  13000000 | PA      | $14913656.01  | 1.44%             | 2029-06-29      | Floating      | 4.48%                 | Yes           |                  3 | On Loan: No      |
| Government of Arab Republic of Egypt EGY/0231               | Government of Arab Republic of Egypt EGY/0231Syndicated ITFC Murabaha facility (EGY/0231)        | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | LON              | NUSS              | EG        |   5531777 | PA      | $5531777.41   | 0.53%             | 2027-03-30      | Floating      | 7.06%                 | Yes           |                  3 | On Loan: No      |
| NEO ENERGY GROUP LIMITED                                    | NEO Energy Group Limited2025 Term Loan                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  15044412 | PA      | $15044412.32  | 1.45%             | 2031-06-30      | Floating      | 7.74%                 | Yes           |                  3 | On Loan: No      |
| Northern Hydrocarbon Funding Limited (NH)                   | Northern Hydrocarbon Funding Limited (NH)Pre Export Finance debt Facility                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NG        |  14160529 | PA      | $14264676.59  | 1.38%             | 2029-09-30      | Floating      | 9.20%                 | Yes           |                  3 | On Loan: No      |
| Sea World Energy Holdings Ltd                               | Sea World Energy Holdings LtdTerm Loan                                                           | CUSIP: 000000000<br>LEI: 254900LG388ZPIASZ873 | Long             | LON              | CORP              | XX        |  10000000 | PA      | $9896342.50   | 0.96%             | 2030-11-07      | Floating      | 8.72%                 | Yes           |                  3 | On Loan: No      |
| Matterhorn Express Pipeline, LLC                            | Matterhorn Express Pipeline, LLCMatterhorn Express Financing Term Loan                           | CUSIP: 000000000<br>LEI: 549300TS1DFMZF3OJ751 | Long             | LON              | CORP              | US        |  18983747 | PA      | $18919006.15  | 1.83%             | 2031-03-31      | Floating      | 6.10%                 | Yes           |                  3 | On Loan: No      |
| NATIONAL BANK OF EGYPT                                      | National Bank of Egypt2022 Deferred Payment LC                                                   | CUSIP: 000000000<br>LEI: 2138001QZGOK42KGQM03 | Long             | LON              | CORP              | EG        |   8000000 | PA      | $7822612.00   | 0.76%             | 2026-07-31      | Floating      | 5.06%                 | Yes           |                  3 | On Loan: No      |
| VIVA AEROBUS                                                | Viva AerobusFuture Flows Securitization                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | MX        |  15000000 | PA      | $14488744.50  | 1.40%             | 2030-12-16      | Floating      | 6.68%                 | Yes           |                  3 | On Loan: No      |
| African Export-Import Bank                                  | African Export-Import Bank2025 Tranche A Syndicated Commercial Facility                          | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | LON              | CORP              | EG        |  10000000 | PA      | $9973506.60   | 0.96%             | 2026-12-30      | Floating      | 4.90%                 | Yes           |                  3 | On Loan: No      |
| Harmony Gold Mining Company Limited                         | Harmony Gold Mining Company Limited2025 Tranche B Term Loan                                      | CUSIP: 000000000<br>LEI: 378900986D05F0C29811 | Long             | LON              | CORP              | ZA        |   6250000 | PA      | $6248248.94   | 0.60%             | 2026-06-25      | Floating      | 6.42%                 | Yes           |                  3 | On Loan: No      |
| NATIONAL BANK OF EGYPT                                      | National Bank of Egypt2020 Term Loan                                                             | CUSIP: 000000000<br>LEI: 2138001QZGOK42KGQM03 | Long             | LON              | CORP              | EG        |   2500000 | PA      | $2497977.75   | 0.24%             | 2026-11-04      | Floating      | 5.46%                 | Yes           |                  3 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                          | Venture Global Plaquemines LNG LLCBase Term Loan                                                 | CUSIP: 000000000<br>LEI: 549300TKP4I6OJ02BF90 | Long             | LON              | CORP              | US        |   7389487 | PA      | $7375668.42   | 0.71%             | 2029-05-25      | Floating      | 5.89%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                          | Venture Global Plaquemines LNG LLC2024 Contingency Reserve Delayed Draw Term Loan                | CUSIP: 000000000<br>LEI: 549300TKP4I6OJ02BF90 | Long             | LON              | CORP              | US        |    931102 | PA      | $931684.22    | 0.09%             | 2029-05-25      | Floating      | 5.89%                 | Yes           |                  2 | On Loan: No      |
| Telekom Srbija a. d. Beograd                                | Telekom Srbija a. d. Beograd2025 EUR Term Loan                                                   | CUSIP: 000000000<br>LEI: 254900OVY0XI1DFYC092 | Long             | LON              | CORP              | RS        |   4000000 | PA      | $4617837.40   | 0.45%             | 2028-07-03      | Floating      | 8.00%                 | Yes           |                  3 | On Loan: No      |
| Maher Terminal LLC                                          | Maher Terminal LLC Senior Secured Term Loan                                                      | CUSIP: 000000000<br>LEI: 5493003O33D623BOS892 | Long             | LON              | CORP              | US        |   3882857 | PA      | $3882857.15   | 0.38%             | 2025-11-17      | Floating      | 6.42%                 | Yes           |                  3 | On Loan: No      |
| BlueNord Energy Denmark AS                                  | BLUENORD ENERGY DENMARK AS TERM LOAN                                                             | CUSIP: 000000000<br>LEI: 213800GRFGOYKMAT8217 | Long             | LON              | CORP              | DK        |   9043478 | PA      | $9043478.26   | 0.87%             | 2029-12-31      | Floating      | 7.63%                 | Yes           |                  3 | On Loan: No      |
| INEOS RAFNES AS                                             | INEOS Rafnes ASEUR Fixed Term Loan                                                               | CUSIP: 000000000<br>LEI: 894500C2CSCZVREKC660 | Long             | LON              | CORP              | NO        |   8000000 | PA      | $9181027.78   | 0.89%             | 2030-04-30      | Floating      | 4.23%                 | Yes           |                  3 | On Loan: No      |
| YINSON AZALEA PRODUCTION                                    | Yinson Azalea Production Term Loan A                                                             | CUSIP: 000000000<br>LEI: 254900G6K1J3N945GS77 | Long             | LON              | CORP              | SG        |  13720126 | PA      | $13720126.42  | 1.33%             | 2031-11-12      | Floating      | 6.44%                 | Yes           |                  3 | On Loan: No      |
| Morgan Stanley & Co. International PLC                      | PURCHASED EUR / SOLD USD                                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | XX        |         1 | NC      | $28619.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| The Republic of Benin                                       | The Republic of Benin EUR Fixed Uninsured Tied Commercial Facility                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   1485714 | PA      | $1717263.20   | 0.17%             | 2026-12-21      | Fixed         | 6.43%                 | Yes           |                  3 | On Loan: No      |
| Sonasing Xikomba Limited                                    | Sonasing Xikomba Limited Term Loan                                                               | CUSIP: 000000000<br>LEI: 5493002VK80U0VQRT352 | Long             | LON              | CORP              | XX        |   1205070 | PA      | $1205069.71   | 0.12%             | 2026-05-29      | Floating      | 6.19%                 | Yes           |                  3 | On Loan: No      |
| Eastern and Southern African Trade and Development Bank     | Eastern and Southern African Trade and Development Bank 2023 Tranche B 1 Term Loan               | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   5000000 | PA      | $5000000.00   | 0.48%             | 2026-11-23      | Floating      | 5.64%                 | Yes           |                  3 | On Loan: No      |
| TDC Net A/S                                                 | TDC Net A/S EUR Sustainability Linked Senior Term Loan                                           | CUSIP: 000000000<br>LEI: 549300SH2G3R15Y3FX20 | Long             | LON              | CORP              | DE        |  12750000 | PA      | $14737090.31  | 1.42%             | 2027-02-02      | Floating      | 4.64%                 | Yes           |                  3 | On Loan: No      |
| Republic of Senegal Ministry of Finance and Budget          | Republic of Senegal Ministry of Finance and Budget 2023 EUR Term Loan                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   8000000 | PA      | $9126920.58   | 0.88%             | 2026-05-01      | Floating      | 6.87%                 | Yes           |                  3 | On Loan: No      |
| Medina Partnership, S.A.                                    | Medina Partnership, S.A.EUR Term Loan                                                            | CUSIP: 000000000<br>LEI: 95980009Z4RBNZPHLM09 | Long             | LON              | CORP              | ES        |  10000000 | PA      | $11510262.91  | 1.11%             | 2031-04-30      | Floating      | 4.78%                 | Yes           |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire The                               | Republic of Cote d'Ivoire The 2020 EUR 7-Year Syndicated Term Loan                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |   4388888 | PA      | $5072897.72   | 0.49%             | 2028-01-08      | Floating      | 7.85%                 | Yes           |                  3 | On Loan: No      |
| YECO LEASING LIMITED                                        | Yeco Leasing LimitedSenior Secured Portfolio Aircraft Financing                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |  13513455 | PA      | $13513455.48  | 1.31%             | 2029-12-15      | Floating      | 5.69%                 | Yes           |                  3 | On Loan: No      |
| Impala Terminals Switzerland SAR                            | Impala Terminals Switzerland SAR2024 Term Loan                                                   | CUSIP: 000000000<br>LEI: 549300JKGMD4GU0YOP29 | Long             | LON              | CORP              | CH        |  19256250 | PA      | $19256250.00  | 1.86%             | 2028-07-21      | Floating      | 5.93%                 | Yes           |                  3 | On Loan: No      |
| Edrill T15 PTE.LTD                                          | Edrill T15 PTE.LTDTranche B Term Loan                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TH        |   2873524 | PA      | $2861926.78   | 0.28%             | 2028-02-29      | Floating      | 7.35%                 | Yes           |                  3 | On Loan: No      |
| Ministry of Treasury and Finance of the Republic of Turkiye | Ministry of Treasury and Finance of the Republic of TurkiyeUnsecured Term Loan                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | TR        |  11413312 | PA      | $11259786.47  | 1.09%             | 2028-10-16      | Floating      | 6.14%                 | Yes           |                  3 | On Loan: No      |
| Dangote Industries Limited                                  | Dangote Industries LimitedTerm Loan A                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NG        |   9375000 | PA      | $9302598.66   | 0.90%             | 2029-08-31      | Floating      | 10.95%                | Yes           |                  3 | On Loan: No      |
| Sonangol Finance Ltd.                                       | Sonangol Finance Ltd. 2023 Term Loan                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   2925870 | PA      | $2925869.74   | 0.28%             | 2027-09-30      | Floating      | 9.03%                 | Yes           |                  3 | On Loan: No      |
| VMOS SA                                                     | VMOS SA 1st Lien Term Loan                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AR        |   4368000 | PA      | $4368000.00   | 0.42%             | 2030-07-08      | Floating      | 9.17%                 | Yes           |                  3 | On Loan: No      |
| Avolon TLB Borrower 1 US LLC                                | Avolon TLB Borrower 1 US LLC2023 Term Loan B6                                                    | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |   9875000 | PA      | $9875000.00   | 0.95%             | 2030-06-24      | Floating      | 5.43%                 | Yes           |                  3 | On Loan: No      |
| State Street Bank & Trust Co.                               | PURCHASED USD / SOLD GBP                                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $6110.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                      | PURCHASED USD / SOLD EUR                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $1077573.23   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                           | PURCHASED USD / SOLD EUR                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $29497.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicentin S.A.I.C.                                           | VICENTIN S.A.I.C. PRE EXPORT TERM LOAN                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AR        |         1 | PA      | $0.00         | 0.00%             | 2099-12-31      | Floating      | 10.85%                | Yes           |                  3 | On Loan: No      |
| State Oil Company of Azerbaijan Republic                    | State Oil Company of Azerbaijan Republic 2021 Term Loan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   5000000 | PA      | $5000000.00   | 0.48%             | 2026-08-11      | Floating      | 7.52%                 | Yes           |                  3 | On Loan: No      |
| International Beverage Tashkent                             | International Beverage Tashkent Term Loan                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   8531250 | PA      | $8531250.01   | 0.82%             | 2029-05-23      | Floating      | 8.42%                 | Yes           |                  3 | On Loan: No      |
| Azule Energy Holding Ltd                                    | Azule Energy Holding Ltd Pre Export Term Loan                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  16407834 | PA      | $16560765.79  | 1.60%             | 2029-07-29      | Floating      | 8.62%                 | Yes           |                  3 | On Loan: No      |
| Phoenix Tower International Chile SPA                       | Phoenix Tower International Chile SPA PTI Americas Syndicated Term Loan                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CL        |  23000000 | PA      | $23199137.22  | 2.24%             | 2027-08-10      | Floating      | 7.70%                 | Yes           |                  3 | On Loan: No      |
| Republic of Senegal Ministry of Finance and Budget          | Republic of Senegal Ministry of Finance and Budget 2023 EUR 1st Lien Term Loan                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   9375000 | PA      | $9486129.47   | 0.92%             | 2028-12-22      | Floating      | 7.94%                 | Yes           |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire The                               | Republic of Cote d'Ivoire The 2024 EUR Upsize Term Loan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |  12500000 | PA      | $14448127.75  | 1.40%             | 2027-03-05      | Floating      | 5.19%                 | Yes           |                  3 | On Loan: No      |
| Prime Oil and Gas Cooperatief UA                            | Prime Oil and Gas Cooperatief UA Revolver                                                        | CUSIP: 000000000<br>LEI: 549300TOUWS8F4NPOG76 | Long             | LON              | CORP              | NG        |   5395833 | PA      | $5395833.44   | 0.52%             | 2032-03-31      | Floating      | 7.68%                 | Yes           |                  3 | On Loan: No      |
| Ministry of Finance of Tanzania                             | Ministry of Finance of Tanzania 2019 Term Loan                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TZ        |   2000000 | PA      | $2000000.00   | 0.19%             | 2026-08-09      | Floating      | 9.88%                 | Yes           |                  3 | On Loan: No      |
| NATIONAL BANK OF EGYPT                                      | National Bank of Egypt 2024 1st Lien Deferred Payment LC                                         | CUSIP: 000000000<br>LEI: 2138001QZGOK42KGQM03 | Long             | LON              | CORP              | EG        |  15000000 | PA      | $15000000.00  | 1.45%             | 2026-06-03      | Floating      | 5.66%                 | Yes           |                  3 | On Loan: No      |
| TRAFIGURA PTE LTD                                           | Trafigura PTE LTD2023 Uncommitted Trade Finance Facility                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SG        |  12600000 | PA      | $12616757.91  | 1.22%             | 2026-06-30      | Floating      | 5.17%                 | Yes           |                  3 | On Loan: No      |
| VANTAGE TOWERS AG                                           | Vantage Towers AGEUR Term Loan                                                                   | CUSIP: 000000000<br>LEI: 213800BBQO965UPQ7J59 | Long             | LON              | CORP              | DE        |   9000000 | PA      | $10402651.98  | 1.00%             | 2030-03-21      | Floating      | 4.63%                 | Yes           |                  3 | On Loan: No      |
| Dobson Technologies, Inc                                    | Dobson Technologies, IncTerm Loan                                                                | CUSIP: 000000000<br>LEI: 549300I3VRNSI6JUXB69 | Long             | LON              | CORP              | US        |  13830000 | PA      | $13724200.50  | 1.33%             | 2029-09-26      | Floating      | 7.45%                 | Yes           |                  3 | On Loan: No      |
| Telekom Srbija a. d. Beograd                                | Telekom Srbija a. d. Beograd2024 EUR Term Loan                                                   | CUSIP: 000000000<br>LEI: 254900OVY0XI1DFYC092 | Long             | LON              | CORP              | RS        |   9200000 | PA      | $10608793.52  | 1.02%             | 2029-12-05      | Floating      | 5.61%                 | Yes           |                  3 | On Loan: No      |
| OQ Exploration and Production SAOC                          | OQ Exploration and Production SAOCTerm Loan                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | OM        |   9000000 | PA      | $8999274.96   | 0.87%             | 2026-09-17      | Floating      | 4.58%                 | Yes           |                  3 | On Loan: No      |
| GLENCORE INTERNATIONAL AG                                   | Glencore International AG2023 Term Loan                                                          | CUSIP: 000000000<br>LEI: 213800PSSU2QXF1WLR89 | Long             | LON              | CORP              | CH        |  10263158 | PA      | $10289091.34  | 0.99%             | 2029-12-31      | Floating      | 6.70%                 | Yes           |                  3 | On Loan: No      |
| Staatsolie Maatschappij Suriname NV                         | Staatsolie Maatschappij Suriname NV2025 Term Loan                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SR        |  16380098 | PA      | $16351489.94  | 1.58%             | 2032-05-24      | Floating      | 9.17%                 | Yes           |                  3 | On Loan: No      |
| ISLAMIC REPUBLIC OF PAKISTAN                                | ISLAMIC REPUBLIC OF PAKISTAN2025 Term Loan (PAK-216)                                             | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | LON              | NUSS              | PK        |   6964350 | PA      | $7010583.29   | 0.68%             | 2026-08-24      | Floating      | 7.88%                 | Yes           |                  3 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                    | YAPI VE KREDI BANKASI AS2022 Fixed Term Loan 1                                                   | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | LON              | CORP              | TR        |  10063350 | PA      | $9907978.42   | 0.96%             | 2026-07-23      | Fixed         | 5.21%                 | Yes           |                  3 | On Loan: No      |
| NEO ENERGY GROUP LIMITED                                    | NEO Energy Group Limited2025 GBP Term Loan                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    278229 | PA      | $368263.40    | 0.04%             | 2031-06-30      | Floating      | 7.73%                 | Yes           |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire The                               | Republic of Cote d'Ivoire The2025 EUR 12 M Short Unsecured Syndicated Term Loan                  | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | LON              | NUSS              | CI        |  11500000 | PA      | $13263162.80  | 1.28%             | 2026-07-14      | Floating      | 4.99%                 | Yes           |                  3 | On Loan: No      |
| The Republic of Angola                                      | THE REPUBLIC OF ANGOLA 2022 EUR TERM LOAN 1                                                      | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |    666667 | PA      | $763496.56    | 0.07%             | 2027-03-03      | Floating      | 6.38%                 | Yes           |                  3 | On Loan: No      |
| The Republic of Angola                                      | THE REPUBLIC OF ANGOLA 2024 EUR TERM LOAN                                                        | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |   1713179 | PA      | $1931394.67   | 0.19%             | 2029-03-08      | Floating      | 6.39%                 | Yes           |                  3 | On Loan: No      |
| REPUBLIC OF TURKEY                                          | Republic Of Turkey2025 EUR Term Loan                                                             | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | LON              | NUSS              | TR        |  13500000 | PA      | $15562051.50  | 1.50%             | 2026-05-19      | Floating      | 3.11%                 | Yes           |                  3 | On Loan: No      |
| The Republic of Angola                                      | The Republic of Angola2025 Fixed Term Loan                                                       | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | AO        |   8400000 | PA      | $8400000.00   | 0.81%             | 2026-10-23      | Fixed         | 9.53%                 | Yes           |                  3 | On Loan: No      |
| Valentra, LLC.                                              | Valentra, LLC.Term Loan                                                                          | CUSIP: 000000000<br>LEI: 2549007T9962MC86VQ05 | Long             | LON              | CORP              | US        |  15000000 | PA      | $14960855.40  | 1.45%             | 2030-12-31      | Floating      | 8.01%                 | Yes           |                  3 | On Loan: No      |
| JOINT STOCK COMPANY ASAKABANK                               | Joint Stock Company Asakabank2025 EUR Syndicated Term Loan                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   9000000 | PA      | $10329865.04  | 1.00%             | 2027-12-07      | Floating      | 4.99%                 | Yes           |                  3 | On Loan: No      |
| P.M.I. Trading, DAC                                         | P.M.I. Trading, DACFixed Single Receivable Discounting Term Loan 7                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | MX        |   7500000 | PA      | $7482247.88   | 0.72%             | 2026-04-14      | Fixed         | 5.68%                 | Yes           |                  3 | On Loan: No      |
| Joint Stock Commercial Bank Agrobank                        | Joint Stock Commercial Bank Agrobank2025 Term Loan                                               | CUSIP: 000000000<br>LEI: 254900JPMU0LFCP18673 | Long             | LON              | CORP              | XX        |  10800000 | PA      | $10792332.22  | 1.04%             | 2027-11-12      | Floating      | 6.67%                 | Yes           |                  3 | On Loan: No      |
| P.M.I. Trading, DAC                                         | P.M.I. Trading, DACFixed Single Receivable Discounting Term Loan 8                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | MX        |   5500000 | PA      | $5450017.82   | 0.53%             | 2026-05-22      | Fixed         | 5.66%                 | Yes           |                  3 | On Loan: No      |
| THE REPUBLIC OF ANGOLA                                      | The Republic of Angola2025 Term Loan B                                                           | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |   8500000 | PA      | $8500000.00   | 0.82%             | 2027-02-23      | Floating      | 9.42%                 | Yes           |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire The                               | Republic of Cote d'Ivoire The2025 EUR 1 Year Syndicated Term Loan                                | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | LON              | NUSS              | CI        |   5000000 | PA      | $5762678.17   | 0.56%             | 2027-01-02      | Floating      | 4.62%                 | Yes           |                  3 | On Loan: No      |
| LEOPARD FUNDING LIMITED                                     | Leopard Funding Limited2026 Pre Export Finance Debt Facility                                     | CUSIP: 000000000<br>LEI: 254900V8VSBF43LD7986 | Long             | LON              | CORP              | NG        |  10000000 | PA      | $9930705.50   | 0.96%             | 2030-12-15      | Floating      | 9.92%                 | Yes           |                  3 | On Loan: No      |
| Banco do Brasil, London Branch                              | Banco do Brasil, London Branch2018 Trade Term Loan                                               | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | LON              | CORP              | BR        |   4000000 | PA      | $3994516.68   | 0.39%             | 2027-03-19      | Floating      | 4.72%                 | Yes           |                  3 | On Loan: No      |
| TRANSNET SOC LTD                                            | Transnet SOC LtdTerm Loan                                                                        | CUSIP: 000000000<br>LEI: 378900B07CD6F01EA796 | Long             | LON              | CORP              | ZA        |   8175000 | PA      | $8175000.00   | 0.79%             | 2027-06-21      | Floating      | 8.40%                 | Yes           |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire The                               | Republic of Cote d'Ivoire The2025 EUR 12 M Short Syndicated Term Loan                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |   9200000 | PA      | $10595618.85  | 1.02%             | 2027-03-09      | Floating      | 4.91%                 | Yes           |                  3 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                    | Yapi ve Kredi Bankasi AS2025 EUR Term Loan                                                       | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | LON              | CORP              | TR        |  10000000 | PA      | $11543818.28  | 1.12%             | 2026-06-15      | Floating      | 3.07%                 | Yes           |                  3 | On Loan: No      |
| IHS Holding Limited, Cayman Island Incorporation            | IHS Holding Limited, Cayman Island Incorporation 2024 Unsecured Term Loan                        | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | LON              | CORP              | NG        |   9500000 | PA      | $9500000.00   | 0.92%             | 2029-10-09      | Floating      | 8.17%                 | Yes           |                  3 | On Loan: No      |
| State Street Bank & Trust Co.                               | PURCHASED USD / SOLD EUR                                                                         | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1067394.71   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Federated Hermes Government Obligations Fund                | Federated Hermes Government Obligations Fund                                                     | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   2027447 | NS      | $2027446.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CC Energy Development Limited - BVI Incorporated            | CC Energy Development Limited - BVI Incorporated Borrowing Base Facility                         | CUSIP: 000000000<br>LEI: 3003002B8IFJYQS02Y36 | Long             | LON              | CORP              | OM        |  11000000 | PA      | $11000000.00  | 1.06%             | 2030-12-31      | Floating      | 7.69%                 | Yes           |                  3 | On Loan: No      |
| Egyptian Ethylene & Derivatives Company SAE                 | Egyptian Ethylene & Derivatives Company SAE Term Loan                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | EG        |   2692500 | PA      | $2679993.25   | 0.26%             | 2028-09-13      | Floating      | 7.67%                 | Yes           |                  3 | On Loan: No      |
| Beta Lula Central SARL (Lux Incorporated)                   | Beta Lula Central SARL (Lux Inc) Term Loan                                                       | CUSIP: 000000000<br>LEI: 549300RHAL8DJFKKRG68 | Long             | LON              | CORP              | BR        |  10268848 | PA      | $10421335.25  | 1.01%             | 2030-06-15      | Floating      | 6.21%                 | Yes           |                  3 | On Loan: No      |
| HTA Group Ltd                                               | HTA GROUP LTD 2024 TRANCHE C TERM LOAN                                                           | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | LON              | CORP              | US        |   5722500 | PA      | $5664504.47   | 0.55%             | 2028-09-13      | Floating      | 7.96%                 | Yes           |                  3 | On Loan: No      |
| African Export-Import Bank                                  | African Export-Import Bank2025 Syndicated ITFC Murabaha facility (REG-209)                       | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | LON              | CORP              | EG        |   4000000 | PA      | $4000000.00   | 0.39%             | 2026-05-18      | Floating      | 4.94%                 | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Federated Hermes Project & Trade Finance Tender Fund

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Project & Trade Finance Tender Fund

**Title:** Chief Compliance Officer