# EDGAR Filing Document

**Accession Number:** 0002052250
**File Stem:** 0001410368-26-050572
**Filing Date:** 2026-5
**Character Count:** 372715
**Document Hash:** 5a34d2d7cb6de59f7f621f1d818af598
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-050572.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001410368-26-050572

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GoldenTree Opportunistic Credit Fund
- **CENTRAL INDEX KEY:** 0002052250

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24046
- **FILM NUMBER:** 261014759

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 21ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-847-3500

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 21ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## Nport-Ex

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  **Asset Backed Securities—7.3%** | **Asset Backed Securities—7.3%** | **Asset Backed Securities—7.3%** |  |  |  |  |  |  |
|  Ally Bank Auto Credit-Linked Notes,<br>Series 2025-B, Class E | (c) | Asset Backed Security | 6.16% | 6.16% | 9/15/33 | $207 | $208 | $208 |
|  Barclays Bank PLC, Series 2025-7 | (c)(d)(e) | Asset Backed Security | SOFRRATE<br>COMPOUND<br>360 + 7.45% | 11.13% | 8/31/33 | 1390 | 1390 | 1379 |
|  BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG | (d)(e)(f) | Asset Backed Security | 3 mo. EURIBOR + 5.85% | 7.92% | 11/5/35 | &nbsp;&nbsp;&nbsp;&nbsp;285 | 331 | 329 |
|  GARC FF-1 SPV SRL | (d)(e)(f) | Asset Backed Security | 3 mo. USD Term<br>SOFR + 4.00% | 7.68% | 5/9/31 | 4800 | 4800 | 4793 |
|  Nightingale Ltd., Series 2026-1, Class CLN | (d)(e)(f) | Asset Backed Security | 1 day GBP SONIA +<br>7.00% | 10.72% | 3/31/35 | £1150 | 1537 | 1522 |
|  Nightingale Ltd., Series 2025-4, Class CLN | (d)(e)(f)(g) | Asset Backed Security | 1 day GBP SONIA +<br>7.30% | 10.99% | 1/31/35 | £3225 | 4310 | 4311 |
|  Parthenon SPV Issuer LLC | (d)(e) | Asset Backed Security | Daily SOFR + 4.75% | 8.43% | 10/9/32 | 350 | 350 | 350 |
|  Santander U.K. PLC, Series 2026-1, Class F | (d)(e)(f) | Asset Backed Security | 1 day GBP SONIA +<br>3.70% | 7.98% | 8/22/41 | £1877 | 2519 | 2484 |
|  Santander U.K. PLC,<br> Series 2026-1, Class G | (d)(e)(f) | Asset Backed Security | 1 day GBP SONIA +<br>7.75% | 11.48% | 8/22/41 | £1798 | 2413 | 2380 |
|  SMB Private Education Loan Trust, Series 2024-D, Class A1B | (c)(e) | Asset Backed Security | 30 day USD SOFR<br>Average + 1.10% | 4.77% | 7/15/53 | 149 | 147 | 149 |
|  Towd Point Asset Trust, Series 2018-SL1, Class D2 | (c)(h) | Asset Backed Security |  | Zero<br>coupon | 1/25/46 | 650 | 521 | 531 |
|  Towd Point Asset Trust, Series 2021-SL1, Class E | (c)(e) | Asset Backed Security | 1 mo. USD Term<br>SOFR + 2.26% | 5.94% | 11/20/61 | 1070 | 1016 | 1017 |
|  **Total Asset Backed Securities** | **Total Asset Backed Securities** | **Total Asset Backed Securities** | **Total Asset Backed Securities** | **Total Asset Backed Securities** |  |  | 19542 | 19453 |
|  **Bank Debt—47.3%** |  |  |  |  |  |  |  |  |
|  ACProducts, Inc. | (e)(i) | Personal & Household Products | 3 mo. USD Term<br>SOFR + 4.25% | 8.21% | 5/17/28 | 1110 | 948 | 892 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Advantage Sales & Marketing, Inc.<br> (e) | Advertising | 1 mo. USD Term<br>SOFR + 6.00% | 9.78% | 4/19/30 | $65 | $56 | $49 |
|  AI Silk Midco Ltd.<br> (e) | Support-Services | 6 mo. EURIBOR + 5.00% | 7.13% | 3/4/31 | &nbsp;&nbsp;&nbsp;&nbsp;420 | 474 | 441 |
|  Allen Media LLC<br> (e)(i) | Advertising | 3 mo. USD Term<br>SOFR + 5.50% | 9.35% | 2/10/27 | 368 | 263 | 235 |
|  AMC Entertainment Holdings, Inc.<br> (e)(i) | Theaters & Entertainment | 1 mo. USD Term<br>SOFR + 7.00% | 10.67% | 1/4/29 | 330 | 327 | 326 |
|  Amneal Pharmaceuticals LLC<br> (e) | Pharmaceuticals | 1 mo. USD Term<br>SOFR + 3.00% | 6.67% | 8/1/32 | 616 | 619 | 619 |
|  AP Core Holdings II LLC<br> (e) | Media Content | 3 mo. USD Term<br>SOFR + 5.50% | 9.43% | 9/1/27 | 1784 | 1678 | 1743 |
|  Arbor Trails Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 10.75% | 10.75% | 3/4/31 | 153 | 153 | 153 |
|  Azurite Intermediate Holdings, Inc.<br> (d)(e) | Software/Services | 1 mo. USD Term<br>SOFR + 6.00% | 9.67% | 3/19/31 | 2700 | 2687 | 2667 |
|  Bausch & Lomb Corp.<br> (e) | Medical Products | 1 mo. USD Term<br>SOFR + 3.75% | 7.42% | 1/15/31 | 353 | 355 | 354 |
|  Bausch Health Cos., Inc.<br> (e) | Pharmaceuticals | 1 mo. USD Term<br>SOFR + 6.25% | 9.92% | 10/8/30 | 1155 | 1119 | 1117 |
|  Boots Group Bidco Ltd.<br> (e) | Food & Drug Retailers | 1 mo. GBP SONIA +<br>4.50% | 8.23% | 8/30/32 | £505 | 678 | 670 |
|  Boots Group Bidco Ltd.<br> (e) | Food & Drug Retailers | 3 mo. USD Term<br>SOFR + 3.25% | 6.92% | 8/30/32 | 56 | 56 | 56 |
|  Boxer Parent Co., Inc.<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 3.00% | 6.67% | 7/30/31 | 1304 | 1180 | 1212 |
|  Bridle Creek Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 12.00% | 12.00% | 2/27/31 | 278 | 278 | 278 |
|  CAB Finance SARL<br> (d)(e)(j) | Auto Parts & Equipment | 1 yr. EURIBOR + 10.00%<br> PIK | 12.21% | 4/24/32 | 3357 | 3771 | 3884 |
|  Celsa LuxCo 2<br> (e)(i)(j) | Steel Producers/Products | 3 mo. EURIBOR +<br>13.50% PIK | 15.58% | 6/10/31 | 520 | 653 | 617 |
|  Cerba Healthcare SAS<br> (d)(e) | Health Services | 6 mo. EURIBOR + 3.70% | 5.84% | 6/30/28 | 195 | 172 | 167 |
|  Charlotte Buyer, Inc.<br> (e) | Health Services | 1 mo. USD Term<br>SOFR + 4.25% | 7.92% | 2/11/28 | 139 | 139 | 138 |
|  Cloudera, Inc.<br> (e) | Software/Services | 1 mo. USD Term<br>SOFR + 3.75% | 7.52% | 10/8/28 | 944 | 859 | 845 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Cloudera, Inc.<br> (e) | Software/Services | 1 mo. USD Term<br>SOFR + 6.00% | 9.77% | 10/8/29 | $335 | $279 | $261 |
|  Clover Holdings 2 LLC<br> (e) | Software/Services | 1 mo. USD Term<br>SOFR + 4.00% | 7.68% | 12/9/31 | 410 | 400 | 394 |
|  Clover Holdings 2 LLC | Software/Services | 7.75% | 7.75% | 12/9/31 | 278 | 280 | 263 |
|  Connect Holding II LLC<br> (e) | Telecom — Wireline Integrated & Services | 1 mo. USD Term<br>SOFR + 4.25% | 7.92% | 4/3/31 | 594 | 553 | 554 |
|  Consolidated Energy Finance SA<br> (e) | Oil Refining & Marketing | 6 mo. USD Term<br>SOFR + 4.50% | 8.20% | 11/15/30 | 511 | 460 | 492 |
|  Constant Contact, Inc.<br> (d)(e)(i) | Software/Services | 3 mo. USD Term<br>SOFR + 4.00% | 7.93% | 2/10/28 | 1106 | 1039 | 1037 |
|  Constant Contact, Inc.<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 7.50% | 11.43% | 2/12/29 | 91 | 82 | 73 |
|  Constellation Automotive Ltd.<br> (d)(e) | Specialty Retail | 1 yr. GBP SONIA + 6.25% | 9.97% | 3/21/31 | £4200 | 5538 | 5555 |
|  Constellation Automotive Ltd.<br> (d)(e) | Specialty Retail | 6 mo. EURIBOR + 6.25% | 8.37% | 4/3/31 | 1670 | 1943 | 1934 |
|  Cotiviti Corp.<br> (e)(i) | Software/Services | 1 mo. USD Term<br>SOFR + 2.75% | 6.42% | 5/1/31 | 1019 | 920 | 941 |
|  Cotiviti Corp.<br> (i) | Software/Services | 7.62% | 7.62% | 5/1/31 | 1645 | 1589 | 1538 |
|  Coupa Holdings LLC<br> (d)(e)(i)(k) | Software/Services | 3 mo. USD Term<br>SOFR + 5.25% | 9.04% | 2/27/30 | 3575 | 3437 | 3539 |
|  CP Iris Holdco I, Inc.<br> (e) | Building Materials | 1 mo. USD Term<br>SOFR + 7.00% | 10.67% | 10/27/33 | 1455 | 1413 | 1440 |
|  CP Iris HoldCo I, Inc.<br> (e) | Building Materials | 1 mo. USD Term<br>SOFR + 4.00% | 7.67% | 10/27/32 | 248 | 246 | 246 |
|  Crown Finance U.S., Inc.<br> (e)(i) | Theaters & Entertainment | 1 mo. USD Term<br>SOFR + 4.50% | 8.17% | 12/2/31 | 286 | 280 | 284 |
|  Darktrace PLC<br> (e)(i) | Software/Services | 3 mo. USD Term<br>SOFR + 3.25% | 6.90% | 10/9/31 | 432 | 418 | 415 |
|  Databricks, Inc.<br> (e)(i) | Software/Services | 1 mo. USD Term<br>SOFR + 4.50% | 8.17% | 1/5/32 | 1719 | 1719 | 1711 |
|  Delivery Hero SE<br> (e) | Restaurants | 3 mo. USD Term<br>SOFR + 5.00% | 8.64% | 12/12/29 | 298 | 301 | 294 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Dentalcorp Health Services Ltd.<br> (d)(e)(j) | Health Services | 3 mo. CDOR + 2.50%,<br> 2.75% PIK | 7.31% | 1/14/33 | C$ | 1491 | $1064 | $1061 |
|  Dentalcorp Health Services Ltd.<br> (d)(e)(j)(k) | Health Services | CORRA + 2.50%, 2.75%<br>PIK | 7.26% | 1/14/33 | C$ | 40 | 28 | 28 |
|  Dentalcorp Health Services Ltd.<br> (d)(e)(k) | Health Services | CORRA + 5.00% | 5.00% | 1/14/33 | C$ | 6 | 5 | 4 |
|  DirecTV Financing LLC<br> (e) | Cable & Satellite TV | 3 mo. USD Term<br>SOFR + 5.25% | 9.18% | 8/2/29 |  | 77 | 77 | 77 |
|  DirecTV Financing LLC<br> (e)(i) | Cable & Satellite TV | 3 mo. USD Term<br>SOFR + 5.50% | 9.17% | 2/17/31 |  | 255 | 252 | 255 |
|  Discovery Purchaser Corp.<br> (e)(i) | Chemicals | 3 mo. USD Term<br>SOFR + 3.75% | 7.42% | 10/4/29 |  | 793 | 772 | 783 |
|  Discovery Purchaser Corp.<br> (e) | Chemicals | 3 mo. USD Term<br>SOFR + 7.00% | 10.64% | 10/4/30 |  | 156 | 156 | 149 |
|  Electronic Arts, Inc.<br> (e)(i) | Media Content | 1 mo. USD Term<br>SOFR + 3.50% | 7.15% –<br> 7.15% | 3/24/33 |  | 340 | 335 | 338 |
|  Endo Luxembourg Finance Co. I SARL<br> (e) | Pharmaceuticals | 1 mo. USD Term<br>SOFR + 3.75% | 7.42% | 4/23/31 |  | 780 | 776 | 778 |
|  Evraz, Inc. NA<br> (d)(e) | Steel Producers/Products | 3 mo. USD Term<br>SOFR + 7.00% | 10.67% | 7/31/31 |  | 1557 | 1529 | 1498 |
|  Fiesta Del Norte Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 12.5% | 12.50% | 12/9/30 |  | 557 | 557 | 557 |
|  Flash Charm, Inc.<br> (d)(e)(i) | Software/Services | 3 mo. USD Term<br>SOFR + 3.50% | 7.16% | 3/2/28 |  | 650 | 589 | 515 |
|  Flash Charm, Inc.<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 6.75% | 10.56% | 3/2/29 |  | 206 | 179 | 144 |
|  Galileo Parent, Inc.<br> (e) | Aerospace/Defense | 3 mo. USD Term<br>SOFR + 4.50% | 8.17% | 3/3/33 |  | 499 | 492 | 490 |
|  Gemini Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 10.75% | 10.75% | 1/22/31 |  | 99 | 99 | 99 |
|  Global Medical Response, Inc.<br> (e) | Health Services | 3 mo. USD Term<br>SOFR + 3.50% | 7.17% | 10/1/32 |  | 292 | 292 | 292 |
|  GoTo Group, Inc.<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 4.75% | 8.57% | 4/28/28 |  | 5036 | 4200 | 3929 |
|  Hexion Holdings Corp.<br> (e) | Chemicals | 1 mo. USD Term<br>SOFR + 4.00% | 7.67% | 3/15/29 |  | 221 | 222 | 212 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Hot Topic, Inc.<br> (d)(e) | Specialty Retail | 3 mo. USD Term<br>SOFR + 6.75% | 10.45% | 12/31/30 | $3250 | $3188 | $3187 |
|  Houghton Mifflin Harcourt<br> Publishing Co.<br> (e) | Printing & Publishing | 1 mo. USD Term<br>SOFR + 5.25% | 9.02% | 4/9/29 | 21 | 18 | 18 |
|  Houghton Mifflin Harcourt<br> Publishing Co.<br> (e) | Printing & Publishing | 1 mo. USD Term<br>SOFR + 8.50% | 12.17% | 4/8/30 | 240 | 172 | 171 |
|  Hunter Holdco 3 Ltd.<br> (e)(i) | Health Services | 3 mo. USD Term<br>SOFR + 4.25% | 8.05% | 8/19/28 | 73 | 63 | 65 |
|  Indian Springs Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 10.75% | 10.75% | 3/10/31 | 81 | 81 | 81 |
|  Iris Holding, Inc.<br> (e)(i) | Packaging | 3 mo. USD Term<br>SOFR + 4.75% | 8.52% | 6/28/28 | 813 | 791 | 764 |
|  Iron Oak Energy Solutions LLC<br> (d)(e)(k) | Oil Field Equipment & Services | 3 mo. USD Term<br>SOFR + 5.75% | 9.41% | 8/8/30 | 1301 | 1266 | 1266 |
|  Ivanti Software, Inc.<br> (e)(i) | Software/Services | 3 mo. USD Term<br>SOFR + 4.75% | 8.41% | 6/1/29 | 869 | 715 | 589 |
|  Ivanti Software, Inc.<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 5.75% | 9.41% | 6/1/29 | 6440 | 6538 | 6448 |
|  Jennmar Inter III LLC<br> (d)(e) | Diversified Capital Goods | 1 mo. USD Term<br>SOFR + 5.00% | 8.68% | 12/16/30 | 2074 | 2044 | 2058 |
|  LBM Acquisition LLC<br> (e)(i) | Support-Services | 1 mo. USD Term<br>SOFR + 3.75% | 7.52% | 6/6/31 | 1569 | 1418 | 1267 |
|  LHS Borrower LLC<br> (d)(e) | Personal & Household Products | 1 mo. USD Term<br>SOFR + 5.25% | 8.92% | 9/4/31 | 3444 | 3396 | 3396 |
|  Median BV<br> (e)(i) | Health Facilities | 1 day GBP SONIA<br> +6.25% | 9.98% | 10/14/30 | £905 | 1123 | 1153 |
|  Medline Borrower LP<br> (e)(i) | Medical Products | 1 mo. USD Term<br>SOFR + 1.75% | 5.42% | 10/23/30 | 717 | 719 | 719 |
|  MEH, Inc.<br> (e) | Pharmaceuticals | 1 mo. USD Term<br>SOFR + 7.00% | 10.67% | 7/31/30 | 5358 | 5275 | 4970 |
|  Michaels Cos., Inc.<br> (e) | Specialty Retail | 3 mo. USD Term<br>SOFR + 5.00% | 8.67% | 3/15/33 | 499 | 489 | 485 |
|  MSGN Holdings LP<br> (e) | Media Content | 1 mo. USD Term<br>SOFR + 5.00% | 8.77% | 12/31/29 | 79 | 72 | 75 |
|  Naked Juice LLC<br> (e) | Beverage | 3 mo. USD Term<br>SOFR + 5.50% | 9.20% | 1/24/29 | 2137 | 2133 | 2131 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Naked Juice LLC<br> (e) | Beverage | 3 mo. USD Term<br>SOFR + 3.25% | 7.05% | 1/24/29 | $277 | $192 | $149 |
|  Newfold Digital Holdings Group, Inc.<br> (e) | Software/Services | 1 mo. USD Term<br>SOFR + 5.75% | 9.42% | 4/30/29 | 16 | 15 | 12 |
|  Newfold Digital Holdings Group, Inc.<br> (e)(i) | Software/Services | 1 mo. USD Term<br>SOFR + 3.50% | 7.27% | 4/30/29 | 4580 | 3751 | 3288 |
|  Northspur Fundco GT LLC<br> (d) | Building & Construction | 10.75% | 10.75% | 3/17/31 | 200 | 200 | 200 |
|  Nourish Buyer I, Inc.<br> (e) | Food — Wholesale | 3 mo. USD Term<br>SOFR + 4.00% | 7.67% | 7/9/32 | 504 | 506 | 506 |
|  Oakfield Lakes Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 10.75% | 10.75% | 11/30/27 | 131 | 131 | 131 |
|  Oakfield Trails Fundco GT LLC<br> (d) | Building & Construction | 10.75% | 10.75% | 3/20/31 | 54 | 54 | 54 |
|  OID-OL Intermediate I LLC<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 6.00% | 9.67% | 2/1/29 | 6001 | 6075 | 5971 |
|  OID-OL Intermediate I LLC<br> (e) | Software/Services | 3 mo. USD Term<br>SOFR + 4.25% | 8.07% | 2/1/29 | 36 | 30 | 24 |
|  Olympus Water U.S. Holding<br> Corp.<br> (e) | Chemicals | 3 mo. EURIBOR + 3.75% | 5.88% | 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;155 | 181 | 177 |
|  Pacsun LLC<br> (d)(e) | Discount Stores | 3 mo. USD Term<br>SOFR + 6.75% | 10.43% | 3/31/31 | 3511 | 3441 | 3441 |
|  PHRG Intermediate LLC<br> (e) | Building Materials | 3 mo. USD Term<br>SOFR + 4.00% | 7.70% | 2/20/32 | 293 | 289 | 291 |
|  PMHC II, Inc.<br> (e) | Chemicals | 3 mo. USD Term<br>SOFR + 6.25% | 9.90% | 4/30/30 | 522 | 511 | 522 |
|  PMHC II, Inc.<br> (e) | Chemicals | 3 mo. USD Term<br> SOFR + 5.50% | 9.15% | 4/30/30 | 388 | 340 | 171 |
|  PMHC II, Inc.<br> (e) | Chemicals | 3 mo. USD Term<br> SOFR + 4.25% | 8.05% | 4/30/30 | 953 | 750 | 586 |
|  Premium Parent LLC<br> (d)(e) | Health Services | 1 mo. USD Term<br> SOFR + 6.50% | 10.18% | 11/25/32 | 5525 | 5418 | 5469 |
|  Premium Parent LLC<br> (d)(e)(k) | Health Services | 1 mo. USD Term<br> SOFR + 6.50% | 10.17% | 11/25/32 | 256 | 251 | 254 |
|  Prism Bidco, Inc.<br> (e) | Health Services | 3 mo. USD Term<br> SOFR + 5.00% | 8.70% | 10/15/32 | 553 | 526 | 543 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Purflux Holding SARL<br> (d)(e) | Auto Parts & Equipment | 3 mo. EURIBOR + 6.50% | 8.45% | 10/31/30 | € | 3535 | $3980 | $3991 |
|  Rackspace Finance LLC<br> (e) | Software/Services | 1 mo. USD Term<br> SOFR + 6.25% | 10.04% | 5/15/28 |  | 61 | 61 | 61 |
|  Rackspace Finance LLC<br> (e) | Software/Services | 1 mo. USD Term<br> SOFR + 2.75% | 6.54% | 5/15/28 |  | 87 | 37 | 41 |
|  Red Planet Borrower LLC<br> (e) | Software/Services | 1 mo. USD Term<br> SOFR + 4.00% | 7.67% | 9/8/32 |  | 364 | 362 | 357 |
|  Rocket Software, Inc.<br> (e)(i) | Software/Services | 1 mo. USD Term<br> SOFR + 3.75% | 7.42% | 11/28/28 |  | 263 | 248 | 253 |
|  Rohm Holding GmbH<br> (e)(j) | Chemicals | 6 mo. SOFR + 5.50%,<br>0.25% PIK | 9.13% | 1/31/29 |  | 106 | 93 | 97 |
|  SAKS Global Enterprises LLC<br> (e)(i)(j) | Department Stores | 1 mo. USD Term<br> SOFR + 11.00% PIK | 14.68% | 7/15/26 |  | 876 | 848 | 829 |
|  SAKS Global Enterprises LLC<br> (e)(i)(j) | Department Stores | 1 mo. USD Term SOFR +<br>11.00% PIK | 14.67%<br> –14.68% | 1/14/33 |  | 2089 | 1820 | 1976 |
|  SCUR-Alpha 1503 GmbH<br> (e) | Chemicals | 3 mo. USD Term<br> SOFR + 5.50% | 9.17% | 3/29/30 |  | 462 | 434 | 406 |
|  Signal Parent, Inc.<br> (e) | Building & Construction | 3 mo. USD Term<br> SOFR + 3.50% | 7.27% | 4/3/28 |  | 79 | 61 | 52 |
|  Solaris U.S. Bidco LLC<br> (e) | Pharmaceuticals | 3 mo. USD Term<br> SOFR + 5.25% | 8.92% | 11/29/30 |  | 336 | 331 | 323 |
|  SonarSource Financing LLC<br> (e) | Software/Services | 3 mo. USD Term<br> SOFR + 4.50% | 8.17% | 12/19/30 |  | 331 | 326 | 305 |
|  Sound Inpatient Physicians<br> (e)(j) | Health Services | 3 mo. USD Term<br> SOFR + 3.50%, 1.50% PIK | 7.46% | 6/28/28 |  | 429 | 418 | 415 |
|  South Wind Fundco GT LLC<br> (d) | RealEstate Dev & Mgt | 10.75% | 10.75% | 3/26/31 |  | 146 | 146 | 146 |
|  Spin Holdco, Inc.<br> (e) | Support-Services | 3 mo. USD Term<br> SOFR + 5.43% | 9.10% | 9/4/30 |  | 290 | 295 | 297 |
|  Summit Behavioral Healthcare LLC<br> (e)(i) | Health Services | 3 mo. USD Term<br> SOFR + 4.25% | 7.95% | 12/31/29 |  | 556 | 480 | 480 |
|  Summit Behavioral Healthcare LLC<br> (e) | Health Services | 3 mo. USD Term<br> SOFR + 5.75% | 9.45% | 12/31/29 |  | 1277 | 1306 | 1317 |
|  SUS Intermediate Co. AB<br> (d)(e)(j) | Software/Services | 3 mo. USD Term<br> SOFR + 2.625%, 3.125%<br>PIK | 8.94% | 12/19/31 |  | 1010 | 1000 | 976 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  SUS Intermediate Co. AB<br> (d)(e)(j) | Software/Services | 3 mo. EURIBOR +<br>2.625%, 3.125% PIK | 7.40% | 12/19/31 | € | 2045 | $2372 | $2283 |
|  Telesat Canada<br> (e) | Telecom — Satellite | 3 mo. USD Term<br> SOFR + 2.75% | 6.68% | 12/7/26 |  | 223 | 178 | 179 |
|  TransDigm, Inc.<br> (e) | Aerospace/Defense | 1 mo. USD Term<br> SOFR + 2.50% | 6.17% | 2/28/31 |  | 68 | 69 | 69 |
|  TransDigm, Inc.<br> (e) | Aerospace/Defense | 1 mo. USD Term<br> SOFR + 2.50% | 6.17% | 1/19/32 |  | 110 | 110 | 110 |
|  TransDigm, Inc.<br> (e) | Aerospace/Defense | 1 mo. USD Term<br> SOFR + 2.50% | 6.17% | 8/19/32 |  | 543 | 543 | 544 |
|  Tricentis Operations Holdings, Inc.<br> (d)(e)(j) | Software/Services | 3 mo. USD Term<br> SOFR + 2.75%, 3.50% PIK | 6.39% | 2/11/32 |  | 4502 | 4497 | 4362 |
|  VCI Asset Holdings 1 LLC | Tech Hardware & Equipment | 10.00% | 10.00% | 11/20/30 |  | 4009 | 4000 | 4305 |
|  VCI Asset Holdings 2 LLC | Tech Hardware & Equipment | 7.37% | 7.37% | 2/18/31 |  | 1166 | 1155 | 1201 |
|  Versant Media Group, Inc.<br> (e) | Cable & Satellite TV | 3 mo. USD Term<br> SOFR + 3.50% | 7.20% | 1/30/31 |  | 186 | 185 | 186 |
|  Vision Solutions, Inc.<br> (e)(i) | Software/Services | 3 mo. USD Term<br> SOFR + 4.00% | 7.93% | 4/24/28 |  | 1237 | 1070 | 962 |
|  **Total Bank Debt** |  |  |  |  |  |  | 127573 | 125798 |
|  **Collateralized Loan Obligations—6.6%** | **Collateralized Loan Obligations—6.6%** |  |  |  |  |  |  |  |
|  Basswood Park CLO Ltd., Series 2021-1A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.70% | 5.37% | 4/20/34 |  | 745 | 745 | 744 |
|  Battalion CLO IX Ltd., Series 2015-9A, Class CRR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.95% | 5.62% | 7/15/31 |  | 650 | 650 | 650 |
|  Carlyle U.S. CLO Ltd., Series 2020-2A, Class CR2<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 2.90% | 6.57% | 1/25/35 |  | 355 | 356 | 347 |
|  CarVal CLO II Ltd., Series 2019-1A, Class CR2<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.80% | 5.47% | 4/20/32 |  | 745 | 747 | 745 |
|  Contego CLO III BV, Series 3A, Class CRR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.40% | 4.45% | 4/15/38 | € | &nbsp;&nbsp;&nbsp;&nbsp;505 | 584 | 585 |
|  Contego CLO III BV, Series 3A, Class DRR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 3.30% | 5.35% | 4/15/38 | € | 505 | 584 | 580 |
|  CVC Cordatus Opportunity Loan Fund-R DAC, Series 1X, Class CR<br> (e)(g) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.10% | 4.08% | 8/15/33 | € | 510 | 584 | 591 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Fair Oaks Loan Funding V DAC, Series 5A, Class DR<br> (c)(d)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.75% | 4.77% | 10/15/36 | € | 305 | $354 | $351 |
|  GCRED BSL CLO 1, Series 2025-BSL1A, Class C<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.70% | 5.36% | 1/20/34 |  | 1020 | 1020 | 1019 |
|  Harbor Park CLO Ltd., Series 2018-1A, Class CR2<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.65% | 5.32% | 1/20/31 |  | 790 | 790 | 788 |
|  Harvest CLO XXVII DAC, Series 27X, Class D<br> (e)(g) | Collateralized Loan Obligation | 3 mo. EURIBOR + 3.40% | 5.42% | 7/15/34 | € | &nbsp;&nbsp;&nbsp;&nbsp;600 | 705 | 692 |
|  HPS Loan Management Ltd., Series 2021-16A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.80% | 5.47% | 1/23/35 |  | 825 | 826 | 824 |
|  Invesco CLO Ltd., Series 2021-3A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.85% | 5.52% | 10/22/34 |  | 750 | 750 | 749 |
|  Jamestown CLO IX Ltd., Series 2016-9A, Class BR3<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 2.00% | 5.67% | 7/25/34 |  | 570 | 570 | 571 |
|  KKR CLO 28 Ltd., Series 28A, Class DR2<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 3.40% | 7.07% | 2/9/35 |  | 520 | 520 | 512 |
|  Madison Park Euro Funding VII DAC, Series 7X, Class DR<br> (e)(g) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.60% | 4.63% | 5/25/31 | € | &nbsp;&nbsp;&nbsp;&nbsp;480 | 556 | 553 |
|  Magnetite XIX Ltd., Series 2017-19A, Class CRR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.75% | 5.42% | 4/17/34 |  | 555 | 557 | 555 |
|  Magnetite XXXI Ltd., Series 2021-31A, Class DR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 2.35% | 6.02% | 7/15/34 |  | 345 | 345 | 339 |
|  Margay CLO II DAC, Series 2A, Class CR<br> (c)(d)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.10% | 4.11% | 7/15/37 | € | &nbsp;&nbsp;&nbsp;&nbsp;305 | 354 | 354 |
|  Neuberger Berman Loan Advisers CLO 47 Ltd., Series 2022-47A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.75% | 5.42% | 4/16/35 |  | 250 | 250 | 250 |
|  Northwoods Capital 25 Ltd., Series 2021-25A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.90% | 5.57% | 7/20/34 |  | 750 | 750 | 750 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Northwoods Capital 27 Ltd., Series 2021-27A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 2.00% | 5.67% | 10/17/34 | $570 | $570 | $571 |
|  OZLM XIX Ltd., Series 2017-19A, Class CR3<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 3.10% | 6.76% | 1/15/35 | 250 | 250 | 250 |
|  Palmer Square European Loan Funding DAC, Series 2024-1X, Class CR<br> (e)(g) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.05% | 4.03% | 8/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;675 | 772 | 782 |
|  Palmer Square European Loan Funding DAC, Series 2025-2X, Class C<br> (e)(g) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.50% | 4.48% | 2/15/35 | 505 | 588 | 586 |
|  Park Avenue Institutional Advisers CLO Ltd., Series 2021-2A, Class BR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.60% | 5.27% | 7/15/34 | 325 | 325 | 325 |
|  Park Avenue Institutional Advisers CLO Ltd., Series 2021-2A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.75% | 5.42% | 7/15/34 | 405 | 405 | 405 |
|  Park Avenue Institutional Advisers CLO Ltd., Series 2021-2A, Class DR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 3.35% | 7.02% | 7/15/34 | 405 | 405 | 400 |
|  Providus CLO V DAC, Series 5A, Class DR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.90% | 4.88% | 11/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;450 | 523 | 511 |
|  Toro European CLO 7 DAC, Series 7A, Class CR<br> (c)(e) | Collateralized Loan Obligation | 3 mo. EURIBOR + 2.50% | 4.48% | 2/15/34 | 250 | 291 | 290 |
|  Verdelite Static CLO Ltd., Series 2024-1A, Class C<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.95% | 5.62% | 7/20/32 | 185 | 185 | 185 |
|  Whitebox CLO I Ltd., Series 2019-1A, Class CR3<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 1.70% | 5.37% | 1/24/37 | 415 | 415 | 414 |
|  Whitebox CLO I Ltd., Series 2019-1A, Class D2R3<br> (c)(e) | Collateralized Loan Obligation | 3 mo. USD Term<br> SOFR + 3.75% | 7.42% | 1/24/37 | 415 | 415 | 402 |
|  **Total Collateralized Loan Obligations** | **Total Collateralized Loan Obligations** | **Total Collateralized Loan Obligations** | **Total Collateralized Loan Obligations** |  |  | 17741 | 17670 |
|  **Commercial Mortgage Backed Securities—1.2%** | **Commercial Mortgage Backed Securities—1.2%** |  |  |  |  |  |  |
|  BFLD Commercial Mortgage Trust, Series 2025-660F, Class E<br> (c)(e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 3.60% | 7.27% | 11/15/42 | 100 | 100 | 100 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Cost** | **Fair<br>Value<sup>(b)</sup>** | **Fair<br>Value<sup>(b)</sup>** |
|  BHMS Commercial Mortgage Trust, Series 2025-ATLS, Class C<br> (c)(e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 3.30% | 6.97% | 8/15/42 | $| 100 | $| 100 | $| 100 |
|  BX Commercial Mortgage Trust, Series 2026-CSMO, Class D<br> (c)(e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 2.45% | 6.12% | 2/15/43 |  | 110 |  | 110 |  | 110 |
|  BX Commercial Mortgage Trust, Series 2026-ALOHA, Class E<br> (c)(d)(e)(i) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 2.95% | 6.65% | 4/15/43 |  | 215 |  | 215 |  | 215 |
|  Durst Commercial Mortgage<br> Trust, Series 2025-151, Class D<br> (c) | Commercial Mortgage Backed Security | 6.34% | 6.34% | 8/10/42 |  | 190 |  | 190 |  | 194 |
|  Extended Stay America Trust, Series 2025-ESH, Class E<br> (c)(e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 3.35% | 7.02% | 10/15/42 |  | 100 |  | 100 |  | 100 |
|  Extended Stay America Trust, Series 2026-ESH2, Class F<br> (c)(e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 3.75% | 7.42% | 2/15/43 |  | 99 |  | 99 |  | 99 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Credit Risk, Series 2025-MN10, Class M2<br> (c)(e) | Commercial Mortgage Backed Security | 30 day USD<br> SOFR Average + 2.85% | 6.51% | 2/25/45 |  | 360 |  | 360 |  | 362 |
|  Finance Ireland Agri Funding DAC<br> (d)(e)(f) | Commercial Mortgage Backed Security | 1 mo. EURIBOR + 6.10% | 8.04% | 7/14/28 | € | 1230 |  | 1408 |  | 1419 |
|  LQR Trust, Series 2025-CALI, Class D<br> (e) | Commercial Mortgage Backed Security | 1 mo. USD Term<br> SOFR + 3.00% | 6.67% | 1/15/43 |  | 30 |  | 30 |  | 30 |
|  MAD Commercial Mortgage Trust, Series 2025-11MD, Class E<br> (c) | Commercial Mortgage Backed Security | 6.84% | 6.84% | 10/15/42 |  | 120 |  | 120 |  | 117 |
|  NYC Trust, Series 2025-77C, Class E<br> (c) | Commercial Mortgage Backed Security | 6.26% | 6.26% | 1/10/36 |  | 130 |  | 130 |  | 128 |
|  SLG Office Trust, Series 2026-OMA, Class F<br> (c)(i) | Commercial Mortgage Backed Security | 7.92% | 7.92% | 4/15/41 |  | 150 |  | 150 |  | 151 |
|  **Total Commercial Mortgage Backed Securities** | **Total Commercial Mortgage Backed Securities** |  |  |  |  |  |  | 3112 |  | 3125 |
|  **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** | **Corporate Bond Obligations—26.7%** |
|  1011778 BC ULC<br> (c) | Restaurants | 4.00% | 4.00% | 10/15/30 |  | 465 |  | 439 |  | 437 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Adler Pelzer Holding GmbH<br> (g) | Auto Parts & Equipment | 9.50% | 9.50% | 4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;340 | $386 | $358 |
|  Advantage Sales & Marketing, Inc.<br> (c) | Advertising | 9.00% | 9.00% | 11/15/30 | 105 | 85 | 78 |
|  AHP Health Partners, Inc.<br> (c) | Health Facilities | 5.75% | 5.75% | 7/15/29 | 24 | 23 | 24 |
|  Albertsons Cos., Inc.<br> (c) | Food & Drug Retailers | 5.75% | 5.75% | 3/31/34 | 88 | 87 | 86 |
|  Albertsons Cos., Inc.<br> (c) | Food & Drug Retailers | 6.25% | 6.25% | 3/15/33 | 336 | 346 | 338 |
|  Alexandrite Monnet U.K. Holdco PLC<br> (g) | RealEstate Dev & Mgt | 10.50% | 10.50% | 5/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;995 | 1226 | 1210 |
|  Alliant Holdings Intermediate LLC<br> (c) | Insurance Brokerage | 6.50% | 6.50% | 10/1/31 | 250 | 254 | 246 |
|  Alliant Holdings Intermediate LLC<br> (c) | Insurance Brokerage | 7.00% | 7.00% | 1/15/31 | 177 | 182 | 179 |
|  Ally Financial, Inc., Series C<br> (l)(m) | Investments & Misc Financial Services | 4.70% | 4.70% | 5/15/28 | 270 | 253 | 251 |
|  Altice Financing SA<br> (c) | Telecom — Wireline Integrated & Services | 5.75% | 5.75% | 8/15/29 | 497 | 378 | 348 |
|  AMC Entertainment Holdings, Inc.<br> (c) | Theaters & Entertainment | 7.50% | 7.50% | 2/15/29 | 199 | 170 | 142 |
|  AMC Entertainment Holdings, Inc.<br> (c)(j) | Theaters & Entertainment | 9%, 6% PIK | 15.00% | 2/19/29 | 31 | 30 | 29 |
|  AMC Networks, Inc.<br> (c) | Media Content | 10.50% | 10.50% | 7/15/32 | 692 | 725 | 683 |
|  Antero Midstream Partners LP<br> (c) | Gas Distribution | 6.63% | 6.63% | 2/1/32 | 420 | 435 | 429 |
|  Anywhere Intermediate Holdings LLC<br> (c) | RealEstate Dev & Mgt | 5.25% | 5.25% | 4/15/30 | 439 | 411 | 414 |
|  Archrock, Inc.<br> (c) | Oil Field Equipment & Services | 6.63% | 6.63% | 9/1/32 | 172 | 175 | 175 |
|  Ardonagh Finco Ltd.<br> (g) | Insurance Brokerage | 6.88% | 6.88% | 2/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;115 | 140 | 131 |
|  Ardonagh Finco Ltd.<br> (c) | Insurance Brokerage | 7.75% | 7.75% | 2/15/31 | 216 | 222 | 219 |
|  Ardonagh Group Finance Ltd.<br> (c) | Insurance Brokerage | 8.88% | 8.88% | 2/15/32 | 344 | 341 | 337 |
|  Aretec Group, Inc.<br> (c) | Brokerage | 7.50% | 7.50% | 4/1/29 | 304 | 303 | 301 |
|  Asurion LLC<br> (c) | Property & Casualty Insurance | 8.00% | 8.00% | 12/31/32 | 130 | 130 | 135 |
|  Asurion LLC<br> (c) | Property & Casualty Insurance | 8.38% | 8.38% | 2/1/34 | 87 | 87 | 84 |
|  Bank of America Corp., Series L | Banking | 4.18% | 4.18% | 11/25/27 | 2325 | 2327 | 2317 |
|  Barclays PLC<br> (l)(m) | Banking | 9.25% | 9.25% | 9/15/28 | £200 | 281 | 278 |
|  Bausch Health Cos., Inc.<br> (c)(d) | Pharmaceuticals | 5.00% | 5.00% | 1/30/28 | 20 | 17 | 17 |
|  Bausch Health Cos., Inc.<br> (c)(d) | Pharmaceuticals | 5.00% | 5.00% | 2/15/29 | 11 | 8 | 8 |
|  Bausch Health Cos., Inc.<br> (c) | Pharmaceuticals | 5.25% | 5.25% | 1/30/30 | 348 | 233 | 229 |
|  Bausch Health Cos., Inc.<br> (c) | Pharmaceuticals | 6.25% | 6.25% | 2/15/29 | 142 | 108 | 107 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Bausch Health Cos., Inc.<br> (c) | Pharmaceuticals | 7.25% | 7.25% | 5/30/29 | $272 | $206 | $205 |
|  Bausch Health Cos., Inc.<br> (c) | Pharmaceuticals | 14.00% | 14.00% | 10/15/30 | 4 | 4 | 4 |
|  BellRing Brands, Inc.<br> (c) | Food — Wholesale | 7.00% | 7.00% | 3/15/30 | 1062 | 1087 | 1062 |
|  Blue Racer Midstream LLC<br> (c) | Gas Distribution | 7.25% | 7.25% | 7/15/32 | 165 | 173 | 171 |
|  Bombardier, Inc.<br> (c) | Aerospace/Defense | 7.00% | 7.00% | 6/1/32 | 322 | 334 | 334 |
|  Bombardier, Inc.<br> (c) | Aerospace/Defense | 7.45% | 7.45% | 5/1/34 | 92 | 103 | 99 |
|  Boyd Gaming Corp.<br> (c) | Gaming | 4.75% | 4.75% | 6/15/31 | 175 | 169 | 166 |
|  Builders FirstSource, Inc.<br> (c) | Building Materials | 6.38% | 6.38% | 6/15/32 | 499 | 514 | 498 |
|  Cable One, Inc.<br> (c) | Telecom — Wireline Integrated & Services | 4.00% | 4.00% | 11/15/30 | 347 | 271 | 242 |
|  CACI International, Inc.<br> (c) | Aerospace/Defense | 6.38% | 6.38% | 6/15/33 | 375 | 384 | 382 |
|  Carnival Corp.<br> (c) | Recreation & Travel | 4.00% | 4.00% | 8/1/28 | 670 | 663 | 654 |
|  Carnival Corp.<br> (c) | Recreation & Travel | 6.13% | 6.13% | 2/15/33 | 178 | 183 | 180 |
|  Carvana Co.<br> (c) | Specialty Retail | 9.00% | 9.00% | 6/1/31 | 1173 | 1319 | 1269 |
|  CCO Holdings LLC<br> (c) | Cable & Satellite TV | 4.25% | 4.25% | 1/15/34 | 174 | 152 | 149 |
|  CCO Holdings LLC<br> (c) | Cable & Satellite TV | 5.38% | 5.38% | 6/1/29 | 138 | 137 | 136 |
|  Celanese Corp. | Chemicals | 6.75% | 6.75% | 4/15/33 | 72 | 74 | 74 |
|  Celanese Corp.<br> (n) | Chemicals | 7.05% | 7.05% | 11/15/30 | 64 | 68 | 68 |
|  Celanese Corp.<br> (n) | Chemicals | 7.20% | 7.20% | 11/15/33 | 211 | 225 | 225 |
|  Celanese Corp. | Chemicals | 7.38% | 7.38% | 7/15/32 | 128 | 134 | 134 |
|  Celsa Opco SA<br> (g) | Steel Producers/Products | 8.25% | 8.25% | 12/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;290 | 334 | 333 |
|  Charter Communications Operating LLC | Cable & Satellite TV | 5.38% | 5.38% | 4/1/38 | 80 | 74 | 72 |
|  Chord Energy Corp.<br> (c) | Energy — Exploration & Production | 6.00% | 6.00% | 10/1/30 | 91 | 91 | 92 |
|  Chord Energy Corp.<br> (c) | Energy — Exploration & Production | 6.75% | 6.75% | 3/15/33 | 300 | 307 | 310 |
|  Cinemark USA, Inc.<br> (c) | Theaters & Entertainment | 7.00% | 7.00% | 8/1/32 | 510 | 525 | 524 |
|  Cloud Software Group, Inc.<br> (c) | Software/Services | 6.63% | 6.63% | 8/15/33 | 554 | 536 | 493 |
|  Connect Holding II LLC<br> (c)(d) | Telecom — Wireline Integrated & Services | 10.50% | 10.50% | 4/3/31 | 287 | 283 | 286 |
|  Constellation Energy Generation LLC<br> (c) | Electric- Generation | 5.00% | 5.00% | 2/1/31 | 170 | 170 | 170 |
|  CS Treasury Management Services P Ltd.<br> (g)(m)(n) | RealEstate Dev & Mgt | 9.00% | 9.00% | 6/5/26 | 59 | 53 | 59 |
|  CSC Holdings LLC<br> (c) | Cable & Satellite TV | 4.50% | 4.50% | 11/15/31 | 235 | 156 | 139 |
|  CSC Holdings LLC<br> (c) | Cable & Satellite TV | 6.50% | 6.50% | 2/1/29 | 200 | 172 | 128 |
|  CSC Holdings LLC<br> (c) | Cable & Satellite TV | 11.75% | 11.75% | 1/31/29 | 218 | 187 | 158 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Cyprium Corp./Cyprium Holdings Luxembourg SARL<br> (c) | Diversified Capital Goods | 6.13% | 6.13% | 4/15/31 | $63 | $63 | $62 |
|  Cyprium Corp./Cyprium Holdings Luxembourg SARL<br> (c) | Diversified Capital Goods | 6.38% | 6.38% | 4/15/34 | 194 | 195 | 188 |
|  Dealer Tire LLC<br> (c) | Auto Parts & Equipment | 8.00% | 8.00% | 2/1/28 | 250 | 245 | 243 |
|  Dell Technologies, Inc. | Tech Hardware & Equipment | 4.90% | 4.90% | 10/1/26 | 548 | 550 | 549 |
|  Deutsche Bank AG<br> (g)(l)(m) | Banking | 7.38% | 7.38% | 10/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;200 | 247 | 239 |
|  Deutsche Bank AG<br> (g)(l)(m) | Banking | 8.13% | 8.13% | 10/30/29 | 400 | 493 | 485 |
|  Digicel International Finance<br> Ltd./Difl U.S. LLC<br> (c) | Telecom — Wireline Integrated & Services | 8.63% | 8.63% | 8/1/32 | 650 | 663 | 661 |
|  Directv Financing LLC<br> (c) | Cable & Satellite TV | 8.88% | 8.88% | 2/1/30 | 114 | 113 | 114 |
|  Directv Financing LLC<br> (c) | Cable & Satellite TV | 10.00% | 10.00% | 2/15/31 | 1054 | 1027 | 1076 |
|  DISH DBS Corp. | Cable & Satellite TV | 5.13% | 5.13% | 6/1/29 | 561 | 457 | 501 |
|  DISH DBS Corp.<br> (c) | Cable & Satellite TV | 5.25% | 5.25% | 12/1/26 | 830 | 813 | 823 |
|  DISH DBS Corp. | Cable & Satellite TV | 7.38% | 7.38% | 7/1/28 | 571 | 480 | 554 |
|  DISH DBS Corp. | Cable & Satellite TV | 7.75% | 7.75% | 7/1/26 | 2831 | 2817 | 2817 |
|  Diversified Healthcare Trust | REITs | 4.38% | 4.38% | 3/1/31 | 383 | 336 | 340 |
|  Diversified Healthcare Trust<br> (c) | REITs | 7.25% | 7.25% | 10/15/30 | 371 | 375 | 374 |
|  DT Midstream, Inc.<br> (c) | Gas Distribution | 4.13% | 4.13% | 6/15/29 | 125 | 122 | 122 |
|  DT Midstream, Inc.<br> (c) | Gas Distribution | 4.38% | 4.38% | 6/15/31 | 190 | 184 | 183 |
|  EchoStar Corp. | Telecom — Satellite | 10.75% | 10.75% | 11/30/29 | 224 | 239 | 242 |
|  Emrld Borrower LP<br> (g) | Machinery | 6.38% | 6.38% | 12/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;110 | 132 | 129 |
|  Emrld Borrower LP<br> (c) | Machinery | 6.63% | 6.63% | 12/15/30 | 80 | 81 | 81 |
|  Endo Finance Holdings LP<br> (c) | Pharmaceuticals | 8.50% | 8.50% | 4/15/31 | 462 | 487 | 484 |
|  Exeter Finance LLC<br> (c) | Cons/Comm/Lease Financing | 6.38% | 6.38% | 11/1/29 | 147 | 128 | 127 |
|  Ford Motor Credit Co. LLC | Auto Loans | 3.63% | 3.63% | 6/17/31 | 87 | 80 | 78 |
|  Ford Motor Credit Co. LLC | Auto Loans | 4.00% | 4.00% | 11/13/30 | 50 | 47 | 47 |
|  Ford Motor Credit Co. LLC | Auto Loans | 5.11% | 5.11% | 5/3/29 | 30 | 30 | 30 |
|  Ford Motor Credit Co. LLC | Auto Loans | 6.95% | 6.95% | 6/10/26 | 158 | 158 | 158 |
|  Ford Motor Credit Co. LLC | Auto Loans | 7.35% | 7.35% | 3/6/30 | 52 | 55 | 55 |
|  Freedom Mortgage Holdings LLC<br> (c) | Cons/Comm/Lease Financing | 6.88% | 6.88% | 5/1/31 | 452 | 440 | 423 |
|  Freedom Superior LLC<br> (c)(d) | Banking | 12.00% | 12.00% | 10/1/32 | 218 | 218 | 218 |
|  Garrett Motion Holdings, Inc.<br> (c) | Auto Parts & Equipment | 7.75% | 7.75% | 5/31/32 | 349 | 366 | 361 |
|  Genmab AS<br> (c) | Pharmaceuticals | 6.25% | 6.25% | 12/15/32 | 103 | 103 | 106 |
|  Getty Images, Inc.<br> (c) | Advertising | 11.25% | 11.25% | 2/21/30 | 163 | 147 | 147 |
|  Getty Images, Inc.<br> (c) | Advertising | 14.00% | 14.00% | 3/1/28 | 76 | 71 | 72 |
|  Global Auto Holdings PLC<br> (c)(d) | Specialty Retail | 8.38% | 8.38% | 1/15/29 | 94 | 90 | 86 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Global Auto Holdings PLC<br> (c) | Specialty Retail | 8.75% | 8.75% | 1/15/32 | $897 | $828 | $768 |
|  Global Medical Response, Inc.<br> (c) | Health Services | 7.38% | 7.38% | 10/1/32 | 229 | 235 | 238 |
|  GoTo Group, Inc.<br> (c) | Software/Services | 5.50% | 5.50% | 5/1/28 | 2044 | 1746 | 1599 |
|  GoTo Group, Inc.<br> (c) | Software/Services | 5.50% | 5.50% | 5/1/28 | 171 | 68 | 48 |
|  GrafTech International Ltd.<br> (c) | Diversified Capital Goods | 4.63% | 4.63% | 12/23/29 | 112 | 83 | 62 |
|  Grifols SA<br> (g) | Pharmaceuticals | 7.50% | 7.50% | 5/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;150 | 180 | 179 |
|  Helix Energy Solutions Group, Inc.<br> (c) | Oil Field Equipment & Services | 9.75% | 9.75% | 3/1/29 | 234 | 245 | 246 |
|  Hess Midstream Operations LP<br> (c) | Gas Distribution | 4.25% | 4.25% | 2/15/30 | 515 | 501 | 495 |
|  Hilcorp Energy I LP<br> (c) | Energy — Exploration & Production | 6.87% | 6.88% | 5/15/34 | 114 | 111 | 111 |
|  Hilcorp Energy I LP<br> (c) | Energy — Exploration & Production | 7.25% | 7.25% | 2/15/35 | 647 | 644 | 645 |
|  Hilton Worldwide Holdings, Inc.<br> (c) | Hotels | 6.13% | 6.13% | 4/1/32 | 228 | 234 | 231 |
|  Howard Midstream Energy Partners LLC<br> (c) | Gas Distribution | 6.63% | 6.63% | 1/15/34 | 134 | 134 | 135 |
|  Howard Midstream Energy Partners LLC<br> (c) | Gas Distribution | 7.38% | 7.38% | 7/15/32 | 223 | 229 | 231 |
|  Hudson Pacific Properties, Inc. | REITs | 3.25% | 3.25% | 1/15/30 | 1219 | 1021 | 985 |
|  Hudson Pacific Properties, Inc. | REITs | 4.65% | 4.65% | 4/1/29 | 134 | 121 | 114 |
|  Hudson Pacific Properties, Inc. | REITs | 5.95% | 5.95% | 2/15/28 | 153 | 151 | 145 |
|  Ineos Quattro Holdings Ltd.<br> (g) | Chemicals | 6.75% | 6.75% | 4/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;100 | 94 | 89 |
|  Intesa Sanpaolo SpA<br> (c)(l) | Banking | 4.20% | 4.20% | 6/1/32 | 200 | 185 | 188 |
|  Iris Holding, Inc.<br> (c)(d) | Packaging | 10.00% | 10.00% | 12/15/28 | 132 | 121 | 110 |
|  Jerrold Finco PLC<br> (g) | Cons/Comm/Lease Financing | 7.50% | 7.50% | 6/15/31 | £135 | 183 | 175 |
|  LCPR Senior Secured Financing DAC<br> (c) | Telecom — Wireline Integrated & Services | 5.13% | 5.13% | 7/15/29 | 335 | 232 | 217 |
|  Liberty Mutual Holding Co, Inc.<br> (c)(d) | Property & Casualty Insurance | 4.30% | 4.30% | 2/1/61 | 789 | 501 | 495 |
|  Lightning Power LLC<br> (c) | Electric- Generation | 7.25% | 7.25% | 8/15/32 | 358 | 375 | 372 |
|  Lithia Motors, Inc.<br> (c) | Specialty Retail | 4.38% | 4.38% | 1/15/31 | 235 | 223 | 221 |
|  Live Nation Entertainment, Inc.<br> (c) | Theaters & Entertainment | 6.50% | 6.50% | 5/15/27 | 897 | 899 | 898 |
|  Lloyds Banking Group PLC<br> (l)(m) | Banking | 8.50% | 8.50% | 3/27/28 | £200 | 279 | 274 |
|  Lsf12 Helix Parent LLC<br> (c) | Machinery | 7.13% | 7.13% | 2/1/33 | 140 | 140 | 135 |
|  Lummus Technology Holdings V LLC<br> (c) | Chemicals | 9.00% | 9.00% | 7/1/28 | 736 | 737 | 737 |
|  Luna 1.5 SARL<br> (c)(d)(j) | Environmental | 12.75% PIK | 12.75% | 7/1/32 | 58 | 58 | 62 |
|  Macy's, Inc.<br> (c) | Department Stores | 7.38% | 7.38% | 8/1/33 | 115 | 120 | 118 |
|  Matador Resources Co.<br> (c) | Energy — Exploration & Production | 6.00% | 6.00% | 4/15/34 | 264 | 264 | 262 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Matador Resources Co.<br> (c) | Energy — Exploration & Production | 6.25% | 6.25% | 4/15/33 | $235 | $236 | $235 |
|  Medical Properties Trust, Inc. | REITs | 0.99% | 0.99% | 10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;265 | 298 | 294 |
|  Medical Properties Trust, Inc. | REITs | 3.50% | 3.50% | 3/15/31 | 4088 | 2916 | 2671 |
|  Medical Properties Trust, Inc. | REITs | 3.69% | 3.69% | 6/5/28 | £200 | 225 | 231 |
|  Medical Properties Trust, Inc. | REITs | 4.63% | 4.63% | 8/1/29 | 362 | 286 | 281 |
|  Medical Properties Trust, Inc. | REITs | 5.00% | 5.00% | 10/15/27 | 389 | 365 | 362 |
|  Medline Borrower LP<br> (c) | Medical Products | 5.25% | 5.25% | 10/1/29 | 328 | 326 | 325 |
|  MGM Resorts International | Gaming | 4.63% | 4.63% | 9/1/26 | 482 | 482 | 481 |
|  MGM Resorts International | Gaming | 6.50% | 6.50% | 4/15/32 | 234 | 240 | 236 |
|  Michaels Cos., Inc.<br> (c) | Specialty Retail | 8.50% | 8.50% | 3/15/33 | 766 | 756 | 746 |
|  Michaels Cos., Inc.<br> (c) | Specialty Retail | 11.00% | 11.00% | 3/15/34 | 811 | 787 | 751 |
|  Mineral Resources Ltd.<br> (c) | Metals/Mining Excluding Steel | 7.00% | 7.00% | 4/1/31 | 88 | 88 | 90 |
|  Mineral Resources Ltd.<br> (c) | Metals/Mining Excluding Steel | 8.50% | 8.50% | 5/1/30 | 450 | 462 | 463 |
|  MPLX LP | Gas Distribution | 5.40% | 5.40% | 9/15/35 | 128 | 127 | 127 |
|  NCL Corp. Ltd.<br> (c) | Recreation & Travel | 6.75% | 6.75% | 2/1/32 | 262 | 266 | 260 |
|  New World Development Co Ltd.<br> (g) | RealEstate Dev & Mgt | 4.75% | 4.75% | 1/23/27 | 200 | 183 | 186 |
|  Newfold Digital Holdings Group, Inc.<br> (c) | Software/Services | 11.75% | 11.75% | 4/30/29 | 141 | 100 | 56 |
|  Newfold Digital Holdings Group, Inc.<br> (c) | Software/Services | 11.75% | 11.75% | 4/30/29 | 144 | 130 | 115 |
|  Nidda Healthcare Holding GmbH<br> (g) | Pharmaceuticals | 5.63% | 5.63% | 2/21/30 | &nbsp;&nbsp;&nbsp;&nbsp;160 | 191 | 185 |
|  Nidda Healthcare Holding GmbH<br> (g) | Pharmaceuticals | 7.00% | 7.00% | 2/21/30 | 100 | 120 | 117 |
|  Nokia OYJ | Tech Hardware & Equipment | 6.63% | 6.63% | 5/15/39 | 225 | 233 | 236 |
|  Nordstrom, Inc. | Department Stores | 5.00% | 5.00% | 1/15/44 | 339 | 227 | 226 |
|  NRG Energy, Inc.<br> (c) | Electric- Generation | 3.63% | 3.63% | 2/15/31 | 140 | 130 | 129 |
|  NRG Energy, Inc.<br> (c) | Electric- Generation | 3.88% | 3.88% | 2/15/32 | 265 | 246 | 243 |
|  OAK-Eagle Acquireco, Inc.<br> (c)(i) | Media Content | 7.25% | 7.25% | 7/1/33 | 361 | 363 | 374 |
|  OAK-Eagle Acquireco, Inc.<br> (c)(i) | Media Content | 8.75% | 8.75% | 7/1/34 | 386 | 386 | 404 |
|  Occidental Petroleum Corp. | Energy — Exploration & Production | 6.45% | 6.45% | 9/15/36 | 74 | 76 | 79 |
|  Occidental Petroleum Corp. | Energy — Exploration & Production | 6.60% | 6.60% | 3/15/46 | 360 | 358 | 373 |
|  Olympus Water U.S. Holding Corp.<br> (c) | Chemicals | 7.25% | 7.25% | 2/15/33 | 100 | 100 | 95 |
|  ONEOK, Inc. | Gas Distribution | 5.45% | 5.45% | 6/1/47 | 170 | 152 | 153 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  ONEOK, Inc. | Gas Distribution | 5.60% | 5.60% | 4/1/44 | $100 | $92 | $92 |
|  OPAG Barbados Ltd.<br> (c) | Oil Refining & Marketing | 12.00% | 12.00% | 2/15/31 | 150 | 124 | 148 |
|  Osaic Holdings, Inc.<br> (c) | Investments & Misc Financial Services | 8.00% | 8.00% | 8/1/33 | 393 | 396 | 388 |
|  Outfront Media, Inc.<br> (c) | REITs | 4.63% | 4.63% | 3/15/30 | 126 | 122 | 122 |
|  Penn Entertainment, Inc.<br> (c) | Gaming | 4.13% | 4.13% | 7/1/29 | 284 | 265 | 266 |
|  PennyMac Financial Services, Inc.<br> (c) | Cons/Comm/Lease Financing | 6.75% | 6.75% | 2/15/34 | 170 | 168 | 159 |
|  Permian Resources Corp.<br> (c) | Energy — Exploration & Production | 6.25% | 6.25% | 2/1/33 | 408 | 413 | 416 |
|  PFGC, Inc.<br> (c) | Food — Wholesale | 5.63% | 5.63% | 3/1/34 | 78 | 78 | 75 |
|  PFGC, Inc.<br> (c) | Food — Wholesale | 6.13% | 6.13% | 9/15/32 | 276 | 285 | 277 |
|  Post Holdings, Inc.<br> (c) | Food — Wholesale | 6.38% | 6.38% | 3/1/33 | 145 | 145 | 143 |
|  Post Holdings, Inc.<br> (c) | Food — Wholesale | 6.50% | 6.50% | 3/15/36 | 268 | 268 | 262 |
|  Qnity Electronics, Inc.<br> (c) | Electronics | 6.25% | 6.25% | 8/15/33 | 178 | 179 | 180 |
|  QVC, Inc.<br> (d) | Specialty Retail | 5.45% | 5.45% | 8/15/34 | 112 | 53 | 50 |
|  QVC, Inc. | Specialty Retail | 5.95% | 5.95% | 3/15/43 | 120 | 58 | 52 |
|  QVC, Inc.<br> (c) | Specialty Retail | 6.88% | 6.88% | 4/15/29 | 211 | 104 | 93 |
|  Rackspace Finance LLC<br> (c) | Software/Services | 3.50% | 3.50% | 5/15/28 | 40 | 17 | 20 |
|  Rithm Capital Corp.<br> (c) | REITs | 8.00% | 8.00% | 4/1/29 | 240 | 243 | 236 |
|  Rithm Capital Corp.<br> (c) | REITs | 8.00% | 8.00% | 7/15/30 | 145 | 148 | 140 |
|  Rocket Cos., Inc.<br> (c) | Investments & Misc Financial Services | 6.38% | 6.38% | 8/1/33 | 468 | 486 | 473 |
|  Rocket Software, Inc.<br> (c) | Software/Services | 6.50% | 6.50% | 2/15/29 | 17 | 14 | 15 |
|  Rockies Express Pipeline LLC<br> (c) | Gas Distribution | 6.88% | 6.88% | 4/15/40 | 193 | 194 | 192 |
|  Royal Caribbean Cruises Ltd.<br> (c) | Recreation & Travel | 6.00% | 6.00% | 2/1/33 | 295 | 302 | 298 |
|  Salesforce, Inc. | Software/Services | 6.55% | 6.55% | 3/15/56 | 320 | 320 | 321 |
|  Seadrill Ltd.<br> (c) | Oil Field Equipment & Services | 8.38% | 8.38% | 8/1/30 | 149 | 151 | 154 |
|  Seagate Technology Holdings PLC<br> (c) | Tech Hardware & Equipment | 4.09% | 4.09% | 6/1/29 | 90 | 86 | 87 |
|  Sinclair Broadcast Group LLC<br> (c) | Media Content | 8.13% | 8.13% | 2/15/33 | 218 | 224 | 222 |
|  Sirius XM Radio LLC<br> (c) | Media Content | 3.88% | 3.88% | 9/1/31 | 190 | 174 | 173 |
|  Sprint Communications LLC | Telecom — Wireless | 6.88% | 6.88% | 11/15/28 | 2014 | 2153 | 2129 |
|  Standard Building Solutions, Inc.<br> (c) | Building Materials | 6.25% | 6.25% | 8/1/33 | 313 | 320 | 310 |
|  Standard Building Solutions, Inc.<br> (c) | Building Materials | 6.50% | 6.50% | 8/15/32 | 201 | 207 | 201 |
|  Stonex Escrow Issuer LLC<br> (c) | Brokerage | 6.88% | 6.88% | 7/15/32 | 206 | 208 | 208 |
|  Talen Energy Supply LLC<br> (c) | Electric-Integrated | 8.63% | 8.63% | 6/1/30 | 238 | 249 | 250 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Tamarack Valley Energy Ltd.<br> (d)(g) | Energy — Exploration & Production | 6.88% | 6.88% | 7/25/30 | $301 | $225 | $227 |
|  Tenet Healthcare Corp.<br> (c) | Health Facilities | 4.63% | 4.63% | 6/15/28 | 190 | 190 | 188 |
|  Tenet Healthcare Corp. | Health Facilities | 5.13% | 5.13% | 11/1/27 | 615 | 614 | 614 |
|  Tenet Healthcare Corp. | Health Facilities | 6.13% | 6.13% | 6/15/30 | 60 | 61 | 60 |
|  Tenet Healthcare Corp. | Health Facilities | 6.75% | 6.75% | 5/15/31 | 70 | 72 | 72 |
|  Teva Pharmaceutical Industries Ltd. | Pharmaceuticals | 3.15% | 3.15% | 10/1/26 | 2081 | 2067 | 2060 |
|  Thames Water Utilities Holdings Ltd., Series 44<br> (g) | Non-Electric Utilities | 5.13% | 5.13% | 9/28/39 | £50 | 48 | 45 |
|  Thames Water Utilities Holdings Ltd.<br> (g) | Non-Electric Utilities | 7.13% | 7.13% | 4/30/33 | £100 | 97 | 91 |
|  Thor Industries, Inc.<br> (c) | Automakers | 4.00% | 4.00% | 10/15/29 | 328 | 310 | 310 |
|  TransDigm Group, Inc.<br> (c) | Aerospace/Defense | 6.00% | 6.00% | 1/15/33 | 150 | 151 | 150 |
|  TransDigm Group, Inc.<br> (c) | Aerospace/Defense | 6.63% | 6.63% | 3/1/32 | 470 | 484 | 479 |
|  Transocean Ltd.<br> (c) | Oil Field Equipment & Services | 7.88% | 7.88% | 10/15/32 | 310 | 316 | 331 |
|  Travel & Leisure Co.<br> (c) | Hotels | 6.13% | 6.13% | 9/1/33 | 131 | 133 | 129 |
|  United Parks & Resorts, Inc.<br> (c) | Recreation & Travel | 5.25% | 5.25% | 8/15/29 | 662 | 636 | 632 |
|  Uniti Group, Inc., Series FEB<br> (c) | Telecom — Wireline Integrated & Services | 8.63% | 8.63% | 6/15/32 | 81 | 81 | 83 |
|  Urban One, Inc.<br> (c) | Media — Diversified | 7.63% | 7.63% | 4/1/31 | 19 | 12 | 8 |
|  Venture Global Calcasieu<br> Pass LLC<br> (c) | Gas Distribution | 3.88% | 3.88% | 11/1/33 | 289 | 258 | 256 |
|  Venture Global Calcasieu<br> Pass LLC<br> (c) | Gas Distribution | 4.13% | 4.13% | 8/15/31 | 89 | 82 | 83 |
|  Venture Global Plaquemines<br> LNG LLC<br> (c) | Gas Distribution | 6.50% | 6.50% | 6/15/34 | 325 | 325 | 338 |
|  Venture Global Plaquemines<br> LNG LLC<br> (c) | Gas Distribution | 6.75% | 6.75% | 1/15/36 | 239 | 250 | 253 |
|  Venture Global Plaquemines<br> LNG LLC<br> (c) | Gas Distribution | 7.50% | 7.50% | 5/1/33 | 144 | 159 | 158 |
|  Venture Global Plaquemines<br> LNG LLC<br> (c) | Gas Distribution | 7.75% | 7.75% | 5/1/35 | 78 | 85 | 87 |
|  Versant Media Group, Inc.<br> (c) | Cable & Satellite TV | 7.25% | 7.25% | 1/30/31 | 137 | 137 | 140 |
|  Viatris, Inc. | Pharmaceuticals | 3.85% | 3.85% | 6/22/40 | 72 | 55 | 55 |
|  Viatris, Inc. | Pharmaceuticals | 4.00% | 4.00% | 6/22/50 | 275 | 180 | 180 |
|  Viking Holdings Ltd.<br> (c) | Recreation & Travel | 5.00% | 5.00% | 2/15/28 | 526 | 525 | 524 |
|  Viking Holdings Ltd.<br> (c) | Recreation & Travel | 5.88% | 5.88% | 10/15/33 | 191 | 192 | 189 |
|  Viking Holdings Ltd.<br> (c) | Recreation & Travel | 9.13% | 9.13% | 7/15/31 | 876 | 926 | 924 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Cost** | **Fair<br>Value<sup>(b)</sup>** | **Fair<br>Value<sup>(b)</sup>** |
|  Warner Bros Discovery, Inc. | Media Content | 3.76% | 3.76% | 3/15/27 | $1199 | $| 1190 | $| 1184 |
|  Warner Bros Discovery, Inc. | Media Content | 4.69% | 4.69% | 5/17/33 | &nbsp;&nbsp;&nbsp;&nbsp;100 |  | 114 |  | 108 |
|  Warner Bros Discovery, Inc. | Media Content | 5.05% | 5.05% | 3/15/42 | 117 |  | 81 |  | 77 |
|  Wildfire Intermediate<br> Holdings LLC<br> (c) | Energy — Exploration & Production | 7.50% | 7.50% | 10/15/29 | 585 |  | 588 |  | 593 |
|  XPO, Inc.<br> (c) | Transport Infrastructure/Services | 7.13% | 7.13% | 2/1/32 | 120 |  | 126 |  | 124 |
|  Yum! Brands, Inc. | Restaurants | 3.63% | 3.63% | 3/15/31 | 362 |  | 341 |  | 334 |
|  **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** |  | 72096 |  | 70928 |
|  **Government Bonds—0.5%** | **Government Bonds—0.5%** | **Government Bonds—0.5%** | **Government Bonds—0.5%** | **Government Bonds—0.5%** | **Government Bonds—0.5%** |  |  |  |  |
|  Argentina Bonar Bonds<br> (d) | Sovereign | 6.50% | 6.50% | 11/30/29 | 375 |  | 347 |  | 334 |
|  Brazil Notas do Tesouro Nacional<br> (o) | Sovereign | 6.00% | 6.00% | 8/15/30 | 20 |  | 148 |  | 165 |
|  Brazil Notas do Tesouro Nacional<br> (o) | Sovereign | 6.00% | 6.00% | 5/15/35 | 20 |  | 146 |  | 163 |
|  Provincia de Buenos Aires<br> (g)(n) | Sovereign | 6.63% | 6.63% | 9/1/37 | 375 |  | 290 |  | 282 |
|  U.S. Treasury Bonds | Sovereign | 4.75% | 4.75% | 5/15/55 | 137 |  | 136 |  | 133 |
|  U.S. Treasury Bonds | Sovereign | 4.88% | 4.88% | 8/15/45 | 87 |  | 88 |  | 87 |
|  U.S. Treasury Inflation-Indexed Bonds<br> (o) | Sovereign | 2.38% | 2.38% | 2/15/56 | 211 |  | 194 |  | 196 |
|  U.S. Treasury Notes | Sovereign | 4.00% | 4.00% | 2/15/34 | 28 |  | 28 |  | 28 |
|  **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** |  | 1377 |  | 1388 |
|  **Municipal Bonds—0.2%** | **Municipal Bonds—0.2%** | **Municipal Bonds—0.2%** | **Municipal Bonds—0.2%** | **Municipal Bonds—0.2%** | **Municipal Bonds—0.2%** |  |  |  |  |
|  Puerto Rico Electric Power<br> Authority, Series 2010-EEE<br> (p) | Municipal | 6.05% | 6.05% | 7/1/32 | 800 |  | 437 |  | 531 |
|  Puerto Rico Industrial<br> Development Co., Series 2023<br> (n) | Municipal | 7.00% | 7.00% | 1/1/54 | 90 |  | 84 |  | 86 |
|  **Total Municipal Bonds** | **Total Municipal Bonds** | **Total Municipal Bonds** | **Total Municipal Bonds** | **Total Municipal Bonds** |  |  | 521 |  | 617 |
|  **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** | **Residential Mortgage Backed Securities—2.5%** |
|  Braccan Mortgage Funding PLC, Series 2025-2X, Class X<br> (e)(g) | Residential Mortgage Backed Security | 1 day GBP<br> SONIA +<br> 3.22% | 7.04% | 1/17/68 | £100 |  | 132 |  | 132 |
|  Citigroup Mortgage Loan Trust, Series 2025-LTV1, Class B1<br> (c) | Residential Mortgage Backed Security | 6.96% | 6.96% | 12/25/55 | 100 |  | 100 |  | 99 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Ellington Financial Mortgage Trust, Series 2025-NQM3, Class M1B<br> (c) | Residential Mortgage Backed Security | 6.45% | 6.45% | 8/25/70 | $480 | $480 | $481 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust, Series 2019— R04, Class 2B1<br> (c)(e) | Residential Mortgage Backed Security | 30 day USD<br>SOFR Average + 5.36% | 9.03% | 6/25/39 | 507 | 516 | 511 |
|  GS Mortgage-Backed Securities Trust, Series 2026-NQM1, Class B2<br> (c) | Residential Mortgage Backed Security | 7.61% | 7.61% | 3/25/66 | 100 | 100 | 99 |
|  Home Re Ltd., Series 2026-1, Class M1C<br> (c)(e) | Residential Mortgage Backed Security | 30 day USD<br>SOFR Average + 2.60% | 6.26% | 1/25/36 | 150 | 150 | 150 |
|  JP Morgan Mortgage Trust, Series 2025-NQM3, Class M1A<br> (c) | Residential Mortgage Backed Security | 5.97% | 5.97% | 11/25/65 | 460 | 460 | 460 |
|  JP Morgan Mortgage Trust, Series 2026-ACES1, Class B1<br> (c) | Residential Mortgage Backed Security | 6.50% | 6.50% | 4/25/66 | 60 | 60 | 60 |
|  JP Morgan Mortgage Trust, Series 2025-NQM4, Class B1<br> (c) | Residential Mortgage Backed Security | 6.69% | 6.69% | 3/25/66 | 170 | 170 | 169 |
|  JP Morgan Mortgage Trust, Series 2025-VIS3, Class B1<br> (c) | Residential Mortgage Backed Security | 6.76% | 6.76% | 2/25/66 | 35 | 35 | 35 |
|  JP Morgan Mortgage Trust, Series 2025-VIS3, Class B2<br> (c) | Residential Mortgage Backed Security | 7.23% | 7.23% | 2/25/66 | 25 | 25 | 25 |
|  Lanebrook Mortgage Transaction PLC, Series 2024-1, Class D<br> (d)(e)(g) | Residential Mortgage Backed Security | 1 day GBP<br>SONIA + 2.30% | 6.05% | 3/15/61 | £165 | 221 | 220 |
|  Oceanview Mortgage Trust, Series 2025-4, Class B4<br> (c) | Residential Mortgage Backed Security | 7.30% | 7.30% | 12/25/55 | 100 | 99 | 100 |
|  PRPM LLC, Series 2025-RCF4, Class M1A<br> (c) | Residential Mortgage Backed Security | 4.50% | 4.50% | 8/25/55 | 100 | 94 | 96 |
|  PRPM LLC, Series 2025-RCF5, Class M2<br> (c) | Residential Mortgage Backed Security | 5.50% | 5.50% | 10/25/55 | 100 | 95 | 96 |
|  Redwood Funding Trust, Series 2026-1, Class B<br> (c)(d) | Residential Mortgage Backed Security | 7.76% | 7.76% | 9/27/56 | 100 | 100 | 100 |
|  Santander Mortgage Asset Receivable Trust, Series 2025-NQM4, Class M1<br> (c) | Residential Mortgage Backed Security | 6.08% | 6.08% | 7/25/65 | 480 | 480 | 480 |
|  Verus Securitization Trust, Series 2026-3, Class B1<br> (c) | Residential Mortgage Backed Security | 6.44% | 6.44% | 3/25/71 | 230 | 229 | 230 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | **Industry** | **Reference**<br> **Rate &**<br> **Spread** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  Verus Securitization Trust, Series 2026-1, Class B1 | (c) | Residential Mortgage Backed Security | 6.47% | 6.47% | 1/25/71 | $| 500 | $501 | $493 |
|  Verus Securitization Trust, Series 2025-8, Class B1 | (c) | Residential Mortgage Backed Security | 6.48% | 6.48% | 9/25/70 |  | 740 | 740 | 731 |
|  Verus Securitization Trust,<br> Series 2024-7, Class B1 | (c) | Residential Mortgage Backed Security | 6.50% | 6.50% | 9/25/69 |  | 380 | 380 | 380 |
|  Verus Securitization Trust,<br> Series 2025-7, Class B1 | (c) | Residential Mortgage Backed Security | 6.62% | 6.62% | 8/25/70 |  | 750 | 750 | 753 |
|  Verus Securitization Trust,<br> Series 2026-3, Class B2 | (c) | Residential Mortgage Backed Security | 6.81% | 6.81% | 3/25/71 |  | 100 | 97 | 97 |
|  Verus Securitization Trust,<br> Series 2025-5, Class B1 | (c) | Residential Mortgage Backed Security | 7.06% | 7.06% | 6/25/70 |  | 460 | 464 | 462 |
|  Verus Securitization Trust,<br> Series 2024-8, Class B2 | (c) | Residential Mortgage Backed Security | 7.61% | 7.61% | 10/25/69 |  | 100 | 101 | 100 |
|  **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | **Total Residential Mortgage Backed Securities** | 6579 | 6559 |
| **Investments** | **Footnotes** | **Industry** |  |  |  | **Number of<br>Shares** | **Number of<br>Shares** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** | **Common Stock—2.5%** |
|  ABN AMRO Bank NV Dutch Certificate | (g) | Banking |  |  |  |  | 6670 | $197 | $209 |
|  Ally Financial, Inc. |  | Investments & Misc Financial Services |  |  |  |  | 7516 | 303 | 295 |
|  ANI Pharmaceuticals, Inc. | (q) | Pharmaceuticals |  |  |  |  | 2395 | 196 | 184 |
|  Ardent Health, Inc. | (q) | Health Facilities |  |  |  |  | 6037 | 56 | 52 |
|  Bausch & Lomb Corp. | (q) | Medical Products |  |  |  |  | 7587 | 106 | 121 |
|  Bausch Health Cos., Inc. | (q) | Pharmaceuticals |  |  |  |  | 52520 | 320 | 283 |
|  BAWAG Group AG | (c) | Banking |  |  |  |  | 1582 | 213 | 237 |
|  Cable One, Inc. | (q) | Telecom — Wireline Integrated & Services |  |  |  |  | 544 | 78 | 50 |
|  CBRE Group, Inc. Class A | (q) | RealEstate Dev & Mgt |  |  |  |  | 2599 | 362 | 352 |
|  Celanese Corp. |  | Chemicals |  |  |  |  | 2101 | 133 | 138 |
|  Cineworld Group PLC | (i)(q) | Theaters & Entertainment |  |  |  |  | 21305 | 457 | 380 |
|  Comcast Corp. Class A |  | Cable & Satellite TV |  |  |  |  | 17583 | 464 | 505 |
|  Elastic NV | (q) | Software/Services |  |  |  |  | 4589 | 321 | 229 |
|  Energy Transfer LP |  | Gas Distribution |  |  |  |  | 5011 | 88 | 97 |
|  Fortune Brands Innovations, Inc. |  | Building Materials |  |  |  |  | 3205 | 141 | 125 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | **Industry** | | **Number of<br>Shares** | **Cost** | **Cost** | **Fair<br>Value<sup>(b)</sup>** | **Fair<br>Value<sup>(b)</sup>** |
|  Gulfport Energy Corp. | (q) | Energy — Exploration & Production |  | 812 | $| 152 | $| 172 |
|  Jazz Pharmaceuticals PLC | (q) | Pharmaceuticals |  | 1651 |  | 222 |  | 312 |
|  MGM Resorts International | (q) | Gaming |  | 14746 |  | 507 |  | 546 |
|  MPLX LP |  | Gas Distribution |  | 2491 |  | 125 |  | 142 |
|  Norwegian Cruise Line Holdings Ltd. | (q) | Recreation & Travel |  | 18396 |  | 375 |  | 344 |
|  Ovintiv, Inc. |  | Energy — Exploration & Production |  | 3296 |  | 137 |  | 196 |
|  Owens Corning |  | Building Materials |  | 621 |  | 64 |  | 67 |
|  Resideo Technologies, Inc. | (q) | Support- Services |  | 5735 |  | 188 |  | 193 |
|  Smartstop Self Storage REIT, Inc. |  | REITs |  | 4667 |  | 160 |  | 141 |
|  Telephone & Data Systems, Inc. |  | Telecom — Wireless |  | 1949 |  | 81 |  | 82 |
|  United Parks & Resorts, Inc. | (q) | Recreation & Travel |  | 6609 |  | 258 |  | 216 |
|  Versant Media Group, Inc. | (q) | Cable & Satellite TV |  | 4588 |  | 165 |  | 170 |
|  Vodafone Group PLC |  | Telecom — Wireless |  | 187226 |  | 216 |  | 281 |
|  Vodafone Group PLC ADR |  | Telecom — Wireless |  | 915 |  | 14 |  | 14 |
|  Waystar Holding Corp. | (q) | Health Services |  | 15178 |  | 376 |  | 366 |
|  Workiva, Inc. | (q) | Software/Services |  | 1231 |  | 99 |  | 73 |
|  **Total Common Stock** | **Total Common Stock** | **Total Common Stock** |  |  |  | 6574 |  | 6572 |
| **Investments** | **Footnotes** | **Industry** | **Yield<br>Rate** | **Number of<br>Shares** | **Cost** | **Cost** | **Fair<br>Value<sup>(b)</sup>** | **Fair<br>Value<sup>(b)</sup>** |
|  **Preferred Stock—0.3%** | **Preferred Stock—0.3%** | **Preferred Stock—0.3%** |  |  |  |  |  |  |
|  Strategy, Inc. | (m) | Software/Services | 10.00% | 9845 |  | $661 | $| 747 |
|  **Total Preferred Stock** | **Total Preferred Stock** | **Total Preferred Stock** |  |  |  | 661 |  | 747 |
|  **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** | **Private Equity—0.8%** |
|  Mallinckrodt PLC | (q) | Pharmaceuticals |  | 11231 |  | 883 |  | 988 |
|  Par Health, Inc. | (d)(i)(q) | Pharmaceuticals |  | 18159 |  | 186 |  | 148 |
|  SPN Solutions, Inc. | (d)(q) | Oil Field Equipment & Services |  | 11827 |  | 699 |  | 1053 |
|  **Total Private Equity** | **Total Private Equity** | **Total Private Equity** |  |  |  | 1768 |  | 2189 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | **Industry** | **Reference<br>Rate &<br>Spread** | **Interest<br>Rate** | **Maturity<br>Date** | | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** | **Special Purpose Vehicle—5.8%** |  |  |
|  1578 Lexington Pref Investor LLC | (d)(j)(k) | RealEstate Dev & Mgt | 14.00% PIK | 14.00% | 1/31/29 |  | $1307 | $1308 |
|  GoldenTree Premier Co-Investor LLC | (d) | Health Services |  |  |  |  | 123 | 126 |
|  GT Boots Preferred Investor LLC | (d)(j) | Food & Drug Retailers | 15.00% PIK | 15.00% | 1/29/33 |  | 8409 | 9882 |
|  GT Boots Warrant Investor LLC | (d)(q) | Food & Drug Retailers |  |  | 8/15/50 |  |  | 1491 |
|  GTAM Onshore Blocker 4 LLC | (d) | Tech Hardware & Equipment |  |  | 1/1/50 |  | 305 | 305 |
|  GTAM Onshore Blocker 5 LLC | (d) | Tech Hardware & Equipment |  |  | 1/1/50 |  | 171 | 171 |
|  One WHARF Mezz, LP | (d)(e)(k) | RealEstate Dev & Mgt | 1 mo. USD Term<br>SOFR + 7.63% | 11.30% | 6/15/29 |  | 115 | 115 |
|  PR Rail Preferred Investor LP | (d)(j) | RealEstate Dev & Mgt | 14.00% | 14.00% | 3/31/30 |  | 1512 | 1511 |
|  Sage Intracoastal Lender LP | (d)(e)(k) | RealEstate Dev & Mgt | 1 mo. USD Term<br>SOFR + 5.75% | 13.13% | 11/18/28 |  | 121 | 121 |
|  Shorecrest Lender LP | (d)(e)(k) | RealEstate Dev & Mgt | 3 mo. USD Term<br>SOFR + 7.21% | 10.88% | 3/10/29 |  | 296 | 296 |
|  **Total Special Purpose Vehicle** | **Total Special Purpose Vehicle** | **Total Special Purpose Vehicle** | **Total Special Purpose Vehicle** | **Total Special Purpose Vehicle** |  |  | 12359 | 15326 |
| **Investments** | **Footnotes** |  |  | **Interest<br>Rate** |  | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Principal<br>Amount<br>including<br>Accrued<br>Interest** |
|  **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** | **Repurchase Agreements—0.3%** |  |  |
|  JPMorgan Securities LLC, dated 7/18/25. Collateralized by a U.S. Government Obligation, 3.75%, due 4/15/28, and with a value of $584 | (r) |  |  | 4.23% |  | $595 | $595 | $595 |
|  JPMorgan Securities LLC, dated 8/1/25. Collateralized by a U.S. Government Obligation, 4.00%, due 3/31/30, and with a value of $129 | (r) |  |  | 4.33% |  | 131 | 131 | 131 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | | **Interest<br>Rate** | **Principal<br>Amount<sup>(a)</sup>** | **Principal<br>Amount<sup>(a)</sup>** | **Cost** | **Principal<br>Amount<br>including<br>Accrued<br>Interest** |
|  Morgan Stanley, dated 1/29/26. Collateralized by a Corporate Bond Obligations, 6.38%, due 4/15/29, and with a value of $144 | (r) |  | 0.09% | $| 114 | $135 | $131 |
|  **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | 861 | 857 |
| **Investments** | **Footnotes** | **Industry** | **Interest<br>Rate** | **Number of<br>Shares** | **Number of<br>Shares** | **Cost** | **Fair<br>Value<sup>(b)</sup>** |
|  **Money Market Fund—1.3%** | **Money Market Fund—1.3%** | **Money Market Fund—1.3%** | **Money Market Fund—1.3%** | **Money Market Fund—1.3%** | **Money Market Fund—1.3%** |  |  |
|  Morgan Stanley Institutional Liquidity Funds — Government Portfolio, Institutional Class | (s) | Investment Companies | 3.57% |  | 3563 | $3563 | $3563 |
|  **Total Investments—103.3%** | **Total Investments—103.3%** | **Total Investments—103.3%** | **Total Investments—103.3%** |  |  | **$274327** | $**274792** |
|  **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** | **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** | **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** | **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** | **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** | **Other Assets and (Liabilities)—(3.3)%<sup>(t)</sup>** |  | **(8896)** |
|  **Net Assets—100.0%** | **Net Assets—100.0%** | **Net Assets—100.0%** | **Net Assets—100.0%** | **Net Assets—100.0%** | **Net Assets—100.0%** |  | **$265896** |

---

Investments Sold Short—(3.4)%

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Industry** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Proceeds** | **Fair<br>Value<sup>(b)</sup>** |
|  **Corporate Bond Obligations—(0.2)%** | **Corporate Bond Obligations—(0.2)%** | **Corporate Bond Obligations—(0.2)%** | **Corporate Bond Obligations—(0.2)%** | **Corporate Bond Obligations—(0.2)%** |  |  |
|  CCO Holdings LLC<br> (c) | Cable & Satellite TV | 4.50% | 6/1/33 | $(22) | $(19) | $(19) |
|  CCO Holdings LLC<br> (c) | Cable & Satellite TV | 4.25% | 1/15/34 | (47) | (39) | (40) |
|  Charter Communications Operating LLC | Cable & Satellite TV | 6.48% | 10/23/45 | (129) | (122) | (119) |
|  Charter Communications Operating LLC | Cable & Satellite TV | 6.70% | 12/1/55 | (202) | (194) | (194) |
|  INEOS Group Holdings SA<br> (g)(u) | Chemicals | 6.38% | 4/15/29 | (125) | (128) | (135) |
|  **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | **Total Corporate Bond Obligations** | (502) | (507) |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** | **Footnotes** | **Industry** | **Interest<br>Rate** | **Maturity<br>Date** | **Principal<br>Amount<sup>(a)</sup>** | **Proceeds** | **Fair<br>Value<sup>(b)</sup>** |
|  **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** | **Government Bonds—(2.4)%** |  |
|  U.S. Treasury Bonds |  | Sovereign | 4.63% | 11/15/55 | $(275) | $(265) | $(263) |
|  U.S. Treasury Notes | (u) | Sovereign | 4.00% | 3/31/30 | (666) | (670) | (668) |
|  U.S. Treasury Notes | (u) | Sovereign | 3.75% | 4/15/28 | (4890) | (4895) | (4885) |
|  U.S. Treasury Notes |  | Sovereign | 4.63% | 2/15/35 | (53) | (55) | (54) |
|  U.S. Treasury Notes |  | Sovereign | 3.50% | 1/15/29 | (525) | (523) | (521) |
|  U.S. Treasury Notes |  | Sovereign | 3.50% | 2/28/31 | (50) | (50) | (49) |
|  **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | **Total Government Bonds** | (6458) | (6440) |
| **Investments** | **Footnotes** | **Industry** |  |  | **Number of<br>Shares** | **Proceeds** | **Fair<br>Value<sup>(b)</sup>** |
|  **Common Stock—(0.8)%** | **Common Stock—(0.8)%** | **Common Stock—(0.8)%** | **Common Stock—(0.8)%** | **Common Stock—(0.8)%** | **Common Stock—(0.8)%** |  |  |
|  ARES Capital Corp. |  | Investments & Misc Financial Services |  |  | (8549) | $(158) | $(154) |
|  iShares Russell 2000 ETF |  | Exchange-Traded Funds |  |  | (3535) | (900) | (877) |
|  Public Storage |  | RealEstate Dev & Mgt |  |  | (96) | (26) | (26) |
|  SPDR S&P 500 ETF Trust |  | Exchange-Traded Funds |  |  | (1362) | (922) | (886) |
|  State Street Financial Select Sector SPDR ETF |  | Banking |  |  | (1240) | (63) | (61) |
|  State Street SPDR S&P Homebuilders ETF |  | Building & Construction |  |  | (548) | (53) | (54) |
|  State Street SPDR S&P Regional Banking ETF |  | Banking |  |  | (289) | (20) | (19) |
|  **Total Common Stock** | **Total Common Stock** | **Total Common Stock** | **Total Common Stock** | **Total Common Stock** | **Total Common Stock** | (2142) | (2077) |
|  **Total Investments Sold Short** | **Total Investments Sold Short** | **Total Investments Sold Short** | **Total Investments Sold Short** | **Total Investments Sold Short** | **Total Investments Sold Short** | $(9102) | $(9024) |

---

Forward Currency Contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contract<br>Settlement<br>Date** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Delivered** | **Currency and<br>Amount to be<br>Delivered** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 1035 | EUR | 877 | $11 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 1569 | EUR | 1329 | 17 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 1537 | EUR | 1302 | 17 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 2549 | EUR | 2160 | 28 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 3576 | EUR | 3030 | 39 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contract<br>Settlement<br>Date** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Delivered** | **Currency and<br>Amount to be<br>Delivered** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 70 | GBP | 53 | $0 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 217 | GBP | 163 | 1 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 274 | GBP | 206 | 2 |
|  Canadian Imperial Bank of Commerce | 12/17/26 | USD | 781 | GBP | 588 | 5 |
|  Goldman Sachs International | 04/23/26 | USD | 649 | EUR | 565 | (4) |
|  Goldman Sachs International | 04/23/26 | USD | 323 | EUR | 278 | 1 |
|  Imperial Bank of Canada | 12/17/26 | USD | 224 | GBP | 169 | 0 |
|  Imperial Bank of Canada | 12/17/26 | USD | 626 | GBP | 468 | 8 |
|  Imperial Bank of Canada | 12/17/26 | USD | 4465 | GBP | 3337 | 60 |
|  JPMorgan Chase Bank | 04/20/26 | USD | 163 | BRL | 851 | (1) |
|  State Street Bank and Trust Company | 06/17/26 | EUR | 177 | USD | 208 | (2) |
|  State Street Bank and Trust Company | 06/17/26 | USD | 209 | EUR | 177 | 3 |
|  State Street Bank and Trust Company | 12/17/26 | CAD | 75 | USD | 55 | (0) |
|  State Street Bank and Trust Company | 12/17/26 | EUR | 313 | USD | 373 | (8) |
|  State Street Bank and Trust Company | 12/17/26 | EUR | 453 | USD | 533 | (4) |
|  State Street Bank and Trust Company | 12/17/26 | EUR | 225 | USD | 264 | (1) |
|  State Street Bank and Trust Company | 12/17/26 | GBP | 182 | USD | 245 | (5) |
|  State Street Bank and Trust Company | 12/17/26 | USD | 85 | CAD | 116 | 1 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 97 | CAD | 132 | 2 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 135 | CAD | 183 | 2 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 464 | CAD | 635 | 3 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 617 | CAD | 844 | 5 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 258 | EUR | 222 | (1) |
|  State Street Bank and Trust Company | 12/17/26 | USD | 189 | EUR | 162 | 0 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 168 | EUR | 144 | 0 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 401 | EUR | 343 | 0 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 160 | EUR | 134 | 3 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 197 | EUR | 165 | 4 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 191 | EUR | 160 | 4 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 229 | EUR | 192 | 5 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 672 | EUR | 567 | 10 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 320 | EUR | 264 | 12 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1036 | EUR | 877 | 13 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 369 | EUR | 305 | 13 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1537 | EUR | 1301 | 19 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1568 | EUR | 1327 | 19 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 2551 | EUR | 2159 | 31 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1866 | EUR | 1566 | 38 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 3577 | EUR | 3027 | 43 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 2238 | EUR | 1878 | 45 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 69 | GBP | 52 | 0 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 215 | GBP | 162 | 1 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contract<br>Settlement<br>Date** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Received** | **Currency and<br>Amount to be<br>Delivered** | **Currency and<br>Amount to be<br>Delivered** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  State Street Bank and Trust Company | 12/17/26 | USD | 272 | GBP | 205 | $2 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 132 | GBP | 97 | 4 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 780 | GBP | 587 | 5 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 466 | GBP | 349 | 5 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1287 | GBP | 965 | 13 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 1332 | GBP | 998 | 15 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 2160 | GBP | 1616 | 26 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 2983 | GBP | 2236 | 31 |
|  State Street Bank and Trust Company | 12/17/26 | USD | 2980 | GBP | 2232 | 33 |
|  **Total Forward Currency Contracts** | **Total Forward Currency Contracts** | **Total Forward Currency Contracts** | **Total Forward Currency Contracts** | **Total Forward Currency Contracts** | **Total Forward Currency Contracts** | $**573** |

---

Future Contracts

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Expiration** | **Number of<br>Contracts** | **Notional<br>Amount** | **Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Euro Stoxx Bank | 6/19/26 | (8) | $(110) | $(108) | $2 |

---

Credit Default Swaps

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Fund Pays** | **Fund<br>Receives** | **Notional<br>Amount** | **Expiration<br>Date** | **Periodic<br>Payment<br>Frequency** | **Fair<br>Value** | **Upfront<br>Payment<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  JPMorgan Chase Bank NA | Petroleos<br>Mexicanos | 1.0% | 455 | 6/20/26 | Quarterly | $(1) | $(6) | $5 |
|  Intercontinental Exchange, Inc. | iTraxx Europe<br>Sub Financials S45 | 1.0% | 595 | 6/20/31 | Upon Default | 9 | 8 | 1 |
|  |  |  |  |  |  | $**8** | $**2** | $**6** |

---

Total Return Swaps

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Fund Pays** | **Fund<br>Receives** | **Notional<br>Amount** | **Expiration<br>Date** | **Periodic<br>Payment<br>Frequency** | **Fair<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (4) | 9/25/26 | At Maturity | $(1) | $– $| (1) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (2) | 10/16/26 | At Maturity | (1) | – | (1) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (3) | 9/28/26 | At Maturity | (1) | – | (1) |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Fund<br>Pays** | **Fund<br>Receives** | **Notional<br>Amount** | **Expiration<br>Date** | **Periodic<br>Payment<br>Frequency** | **Fair<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | 0 | 9/29/26 | At Maturity | $(0) | $– $| (0) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (1) | 10/02/26 | At Maturity | (0) | – | (0) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | 0 | 10/09/26 | At Maturity | (0) | – | (0) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (5) | 10/12/26 | At Maturity | (2) | – | (2) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (7) | 10/15/26 | At Maturity | (2) | – | (2) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (39) | 12/24/26 | At Maturity | (7) | – | (7) |
|  Goldman Sachs International | 1 day USD<br> OBFR+0.54% | Bausch Health Cos., Inc. | (37) | 3/19/27 | At Maturity | (4) | – | (4) |
|  Bank of Montreal | 1 day USD<br> SOFR+1.1% | Crown Finance U.S., Inc. | 40 | 1/25/27 | Monthly | 27 | – | 27 |
|  JPMorgan Chase Bank NA | 1 day USD<br> SOFR+1.1% | Crown Finance U.S., Inc. | 8 | 1/27/27 | At Maturity | 4 | – | 4 |
|  Barclays Bank PLC | 1 day USD<br> SOFR+1.1% | Crown Finance U.S., Inc. | 16 | 1/25/27 | Monthly | 7 | – | 7 |
|  Goldman Sachs International | 1 day USD<br> SOFR+1.1% | Crown Finance U.S., Inc. | 1 | 1/25/27 | At Maturity | 1 | – | 1 |
|  Deutsche Bank AG | 1 day USD<br> SOFR+1.1% | Crown Finance U.S., Inc. | 6 | 1/25/27 | At Maturity | 3 | – | 3 |
|  Barclays Bank PLC | 1 day USD<br> SOFR+1.1% | AMC Entertainment Holdings, Inc. | 25 | 1/26/27 | Monthly | 15 | – | 15 |
|  JPMorgan Chase Bank NA | 1 day USD<br> SOFR+1.1% | AMC Entertainment Holdings, Inc. | 11 | 1/26/27 | At Maturity | (1) | – | (1) |
|  Bank of Montreal | 1 day USD<br> SOFR+1.1% | AMC Entertainment Holdings, Inc. | 11 | 1/26/27 | Monthly | 6 | – | 6 |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Fund<br>Pays** | **Fund<br>Receives** | **Notional<br>Amount** | **Expiration<br>Date** | **Periodic<br>Payment<br>Frequency** | **Fair<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  HSBC Client Holdings Nominee U.K. Ltd. | 1 day USD<br> SOFR+1.1% | AMC Entertainment Holdings, Inc. | 41 | 1/26/27 | Monthly | $25 | $0 | $25 |
|  HSBC Client Holdings Nominee U.K. Ltd. | 1 day USD<br> SOFR+1.1% | Consolidated Energy Finance SA | 31 | 3/01/27 | Monthly | 17 |  | 17 |
|  JPMorgan Securities LLC | ICE Brent<br>Crude Oil<br>fixed at<br>$88.76 | ICE Brent Crude Oil floating | (790) | 6/29/26 | Quarterly | 11 |  | 11 |
|  JPMorgan Securities LLC | NYMEX<br>Light<br>Sweet<br>Crude Oil<br>floating | NYMEX Light Sweet Crude Oil fixed at $81.52 | 483 | 7/20/26 | Monthly | (61) |  | (61) |
|  |  |  |  |  |  | $**36** | $**—** | $**36** |

---

Unfunded Commitments

---

| | | | |
|:---|:---|:---|:---|
| **Investments** | **Principal<br>Commitment** | **Fair<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  1578 Lexington Pref Investor LLC | $73 | $73 | $0 |
|  Coupa Holdings LLC | 572 | 566 | 17 |
|  CP Iris Holdco I, Inc. | 7 | 7 | 0 |
|  Databricks, Inc. | 347 | 345 | (2) |
|  Dentalcorp Health Services Ltd. | 430 | 306 | (0) |
|  Finance Ireland Agri Funding DAC | 1439 | 1660 | 0 |
|  Iron Oak Energy Solutions LLC | 890 | 866 | (0) |
|  LHS Borrower LLC | 201 | 199 | 0 |
|  One WHARF Mezz, LP | 1401 | 1389 | 1 |
|  Premium Parent LLC | 567 | 562 | 5 |
|  Sage Intracoastal Lender LP | 544 | 537 | 1 |
|  Shorecrest Lender LP | 502 | 492 | (0) |
|  SUS Intermediate Co. AB | 1350 | 1508 | (63) |
|  Tricentis Operations Holdings, Inc. | 1393 | 1352 | (39) |
|  **Total Unfunded Commitments** |  | $**9862** | $**(80)** |

---

**Footnotes** 

(a) Denominated in U.S. dollars unless otherwise noted

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

(b) Fair value is determined by GoldenTree Opportunistic Credit Fund's (the "Fund") investment adviser,
GoldenTree Asset Management Credit Advisor LLC (the "Advisor'"), which has been designated by the Fund's board of trustees (the "Board") as its valuation designee.

(c) Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and,
unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At March 31, 2026, these securities amounted to $69,055, which
represents 26.0% of the Fund's net assets.

(d) Security value is determined based on significant unobservable inputs (Level 3).

(e) Variable or floating rate security. The interest rate shown was the current rate as of March 31, 2026 and changes
periodically.

(f) All or a portion of investments is owned by GoldenTree Opportunistic Credit Fund Cayman LP a wholly-owned subsidiary of
the Fund.

(g) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S
applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at March 31, 2026 amounted to
$12,461, which represents 4.7% of the Fund's net assets.

(h) Principal only security. This security entitles the holder to receive principal payments from an underlying pool of assets
or on the security itself.

(i) Security purchased on a when-issued basis. When-issued refers to a transaction made conditionally because a security,
although authorized, has yet been issued.

(j) Payment-in-kind (PIK) security.

(k) All or a portion of the loan commitment is unfunded.

(l) Security converts to floating rate after the indicated fixed–rate coupon period.

(m) Perpetual security. Perpetual securities have no stated maturity date, but they may be called/redeemed by the issuer.

(n) Step Bond. Coupon rate is a fixed rate for an initial period that either resets at a specific date or may reset in the
future contingent upon a predetermined trigger. The interest rate shown was the current rate as of March 31, 2026.

(o) Index-linked bond whose principal amount adjusts according to a government retail price index.

(p) Defaulted security.

(q) Non-income producing security.

(r) Open repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

(s) Rate disclosed reflects the yield at March 31, 2026.

(t) Includes the effect of investments sold short, forward foreign currency exchange contracts, swap contracts and repurchase
agreements payable.

(u) All or a portion of the security has been segregated with the broker as collateral for open repurchase agreements. The
value of the securities is $857.

**Abbreviations** 

---

| | |
|:---|:---|
|  ADR | American Depositary Receipt |
|  CDOR | Canadian Dollar Offered Rate |
|  CLO | Collateralized Loan Obligation |
|  EURIBOR | Euro Interbank Offer Rate |
|  HSBC | HSBC Bank USA |
|  ICE | Intercontinental Exchange<sup>®</sup> |
|  NYMEX | New York Mercantile Exchange |
|  RE | Reinsured |
|  REIT | Real Estate Investment Trust |
|  SOFR | Secured Overnight Financing Rate |
|  SONIA | Sterling Overnight Interbank Average |
|  SPDR | Standard & Poor's Depositary Receipt |
|  STOXX | Deutsche Börse Group & SIX Group Index |

---

------

**GoldenTree Opportunistic Credit Fund**

**Unaudited Consolidated Schedule of Investments (continued)** 

As of March 31, 2026 (in thousands, except share amounts)

**Currency** 

---

| | |
|:---|:---|
|  BRL | Brazil Real |
|  CAD | Canada Dollar |
|  EUR | Euro Member Countries |
|  GBP | United Kingdom Pound |
|  USD | United States Dollar |
|  R$ | Brazil Real |
|  C$ | Canada Dollar |
|  € | Euro Member Countries |
|  £ | United Kingdom Pound |
|  $ | United States Dollar |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GoldenTree Opportunistic Credit Fund

- **b. Investment Company Act file number:** 811-24046

- **c. CIK number of Registrant:** 0002052250

- **d. LEI of Registrant:** 984500397060C70T3790

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

  - **Street Address 1:** 300 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022

  - **Telephone number:** 212-847-3500

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

- **a. Name of Series:** GoldenTree Opportunistic Credit Fund

- **c. LEI of Series:** 984500397060C70T3790

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $301393210.80

**Total Liabilities:** $36198222.07

**Net Assets:** $265194988.73

**Delayed Delivery Securities:** $18606429.95

**Cash Not Reported:** $6540352.90

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -95.30000000 | **1-Year:** -2892.62000000 | **5-Year:** -2850.99000000 | **10-Year:** -956.46000000 | **30-Year:** -545.15000000

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

- **3-Month:** -874.67000000 | **1-Year:** -15487.74000000 | **5-Year:** -57050.70000000 | **10-Year:** -12889.13000000 | **30-Year:** -2425.65000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.55%                | -0.08%               | -0.23%               |
| Class ID N/A | 0.55%                | -0.18%               | -0.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $117053.41               | $453228.07                                 |
| Month 2  | $127776.33               | $-1772141.34                               |
| Month 3  | $151355.24               | $-3537288.94                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                                                          | CUSIP: 00033GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     94000 | PA      | $86010.00     | 0.03%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  3 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                                                          | CUSIP: 00033GAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    897000 | PA      | $767934.08    | 0.29%             | 2032-01-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                               | AHP Health Partners Inc                                                                                         | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23734.17     | 0.01%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.               | AMC Entertainment Holdings Inc 2024 Term Loan                                                                   | CUSIP: 00164CAD7<br>LEI: 549300ZO77UNR6NRBR11 | Long             | LON              | CORP              | US        |    329532 | PA      | $325578.11    | 0.12%             | 2029-01-04      | Floating      | 10.68%                | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                                                | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    692000 | PA      | $682951.48    | 0.26%             | 2032-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                        | AMC Entertainment Holdings Inc                                                                                  | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    199000 | PA      | $141586.87    | 0.05%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANI Pharmaceuticals Inc                        | ANI Pharmaceuticals Inc                                                                                         | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      2395 | NS      | $184175.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Core Holdings II LLC                        | AP Core Holdings II LLC Amortization Term Loan B1                                                               | CUSIP: 00187GAC3<br>LEI: 549300PND8ZZ4RWYRZ56 | Long             | LON              | CORP              | US        |    870036 | PA      | $849681.10    | 0.32%             | 2027-09-01      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| AP Core Holdings II LLC                        | AP Core Holdings II LLC High-Yield Term Loan B2                                                                 | CUSIP: 00187GAD1<br>LEI: 549300PND8ZZ4RWYRZ56 | Long             | LON              | CORP              | US        |    914000 | PA      | $893293.33    | 0.34%             | 2027-09-01      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings Corporation                    | Hexion Holdings Corporation 2024 Term Loan B                                                                    | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |    221142 | PA      | $212066.80    | 0.08%             | 2029-03-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| ACProducts, Inc.                               | ACProducts Inc 2021 Term Loan B                                                                                 | CUSIP: 00488YAB2<br>LEI: 254900KTNXVUUHWHBF39 | Long             | LON              | CORP              | US        |   1109872 | PA      | $891715.55    | 0.34%             | 2028-05-17      | Floating      | 8.21%                 | No            |                  2 | On Loan: No      |
| Advantage Sales & Marketing, Inc.              | ADVANTAGE SALES+ MARKETING INC 2026 1st OUT TERM LOAN                                                           | CUSIP: 00769EBC3<br>LEI: 549300T4O24KQDED1182 | Long             | LON              | CORP              | US        |     65195 | PA      | $49507.81     | 0.02%             | 2030-04-19      | Floating      | 9.78%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                       | Advantage Sales & Marketing Inc                                                                                 | CUSIP: 00775DAC8<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |    105091 | PA      | $78030.07     | 0.03%             | 2030-11-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                             | Osaic Holdings Inc                                                                                              | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    393000 | PA      | $387970.48    | 0.15%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                           | CUSIP: 01309QAB4<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    336000 | PA      | $338252.88    | 0.13%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                           | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     88000 | PA      | $86094.47     | 0.03%             | 2034-03-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Allen Media LLC                                | Allen Media LLC 2021 Term Loan B                                                                                | CUSIP: 01771JAG8<br>LEI: 549300ERNJNM4RN5JP79 | Long             | LON              | CORP              | US        |    367967 | PA      | $234579.14    | 0.09%             | 2027-02-10      | Floating      | 9.35%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                                                  | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $178506.64    | 0.07%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                                                  | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $245486.90    | 0.09%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                                                                                              | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |      7516 | NS      | $294852.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC                             | Ally Financial Inc                                                                                              | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    270000 | PA      | $250642.70    | 0.09%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes             | Ally Bank Auto Credit-Linked Notes Series 2025-B                                                                | CUSIP: 02007G6S7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    207566 | PA      | $208119.75    | 0.08%             | 2033-09-15      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                                                             | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    497000 | PA      | $347932.75    | 0.13%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                     | Amneal Pharmaceuticals LLC 2026 Term Loan                                                                       | CUSIP: 03167DAS3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |    616154 | PA      | $618978.85    | 0.23%             | 2032-08-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                                                    | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    420000 | PA      | $429256.38    | 0.16%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                       | Archrock Partners LP / Archrock Partners Finance Corp                                                           | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    172000 | PA      | $175380.66    | 0.07%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Ardent Health Inc                              | Ardent Health Inc                                                                                               | CUSIP: 03980N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6037 | NS      | $51676.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ARDONAGH FINCO LTD                             | Ardonagh Finco Ltd                                                                                              | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    216000 | PA      | $218530.87    | 0.08%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE                         | Ardonagh Group Finance Ltd                                                                                      | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    344000 | PA      | $337038.29    | 0.13%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp                              | Ares Capital Corp                                                                                               | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Short            | EC               | CORP              | US        |     -8549 | NS      | $-154052.98   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ARETEC GROUP INC                               | Aretec Group Inc                                                                                                | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    304000 | PA      | $301126.00    | 0.11%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO                         | Asurion LLC/ Asurion Co-Issuer Inc                                                                              | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134868.24    | 0.05%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO                         | Asurion LLC/ Asurion Co-Issuer Inc                                                                              | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |     87000 | PA      | $84465.03     | 0.03%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BFLD Trust                                     | BFLD Commercial Mortgage Trust 2025-660F                                                                        | CUSIP: 05556QAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99750.00     | 0.04%             | 2042-11-15      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc                       | Boxer Parent Company Inc 2025 USD Term Loan B                                                                   | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   1303693 | PA      | $1212297.79   | 0.46%             | 2031-07-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                                                            | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2317059.08   | 0.87%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Basswood Park CLO Ltd                          | Basswood Park CLO Ltd                                                                                           | CUSIP: 070252AN1<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |    745000 | PA      | $744128.95    | 0.28%             | 2034-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                              | Battalion CLO IX Ltd                                                                                            | CUSIP: 07132EAW5<br>LEI: 549300JMWGEYZEC6GK98 | Long             | ABS-CBDO         | CORP              | KY        |    650000 | PA      | $650034.45    | 0.25%             | 2031-07-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp                             | Bausch + Lomb Corp                                                                                              | CUSIP: 071705107<br>LEI: 549300NY6OZM39SO6475 | Long             | EC               | CORP              | CA        |      7587 | NS      | $120633.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bausch Health Cos Inc                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734107<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | EC               | CORP              | CA        |     52520 | NS      | $283608.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AF4<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    272000 | PA      | $205020.00    | 0.08%             | 2029-05-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $17000.00     | 0.01%             | 2028-01-30      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    348000 | PA      | $228810.00    | 0.09%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    142000 | PA      | $106500.00    | 0.04%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AM9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     11000 | PA      | $8085.00      | 0.00%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                                                           | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      4000 | PA      | $3822.05      | 0.00%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC                            | BellRing Brands Inc                                                                                             | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   1062000 | PA      | $1062276.12   | 0.40%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BHMS Mortgage Trust                            | BHMS Commercial Mortgage Trust 2025-ATLS                                                                        | CUSIP: 088928AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99750.00     | 0.04%             | 2042-08-15      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                       | Blue Racer Midstream LLC / Blue Racer Finance Corp                                                              | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $171399.20    | 0.06%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                                                                  | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     92000 | PA      | $99375.27     | 0.04%             | 2034-05-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                                                                  | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    322000 | PA      | $334185.12    | 0.13%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Boots Group Bidco Ltd                          | Boots Group Bidco Ltd USD Term Loan                                                                             | CUSIP: 09947PAB7<br>LEI: 254900YVLYOVF1PF1N93 | Long             | LON              | CORP              | US        |     55860 | PA      | $56127.57     | 0.02%             | 2032-08-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                                                                | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $166392.45    | 0.06%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                                                        | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    499000 | PA      | $498274.65    | 0.19%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2026-CSMO                                                                          | CUSIP: 12433LAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $110171.88    | 0.04%             | 2043-02-15      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2026-ALOHA                                                                         | CUSIP: 12434HAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215000 | PA      | $215000.00    | 0.08%             | 2043-04-15      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                                                    | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    138000 | PA      | $136102.87    | 0.05%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                                                    | CUSIP: 1248EPCL5<br>LEI: N/A                  | Short            | DBT              | CORP              | US        |    -22000 | PA      | $-19184.96    | -0.01%            | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                                                    | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    174000 | PA      | $148855.89    | 0.06%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                                                    | CUSIP: 1248EPCP6<br>LEI: N/A                  | Short            | DBT              | CORP              | US        |    -47000 | PA      | $-40295.62    | -0.02%            | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CBRE Group Inc                                 | CBRE Group Inc                                                                                                  | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      2599 | NS      | $352060.54    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hunter Holdco 3 Limited                        | Hunter Holdco 3 Limited USD Term Loan B                                                                         | CUSIP: 12509YAE6<br>LEI: 549300KXGY77REE4ZR63 | Long             | LON              | CORP              | US        |     72954 | PA      | $65384.86     | 0.02%             | 2028-08-19      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Charlotte Buyer Inc                            | Charlotte Buyer Inc 2025 Repriced Term Loan B                                                                   | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    138945 | PA      | $137833.16    | 0.05%             | 2028-02-11      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                                                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $127483.00    | 0.05%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                                                | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    235000 | PA      | $139333.52    | 0.05%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                                                | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    218000 | PA      | $157645.61    | 0.06%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Cable One Inc                                  | Cable One Inc                                                                                                   | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |       544 | NS      | $49618.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CABLE ONE INC                                  | Cable One Inc                                                                                                   | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    347000 | PA      | $241570.16    | 0.09%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                         | CACI International Inc                                                                                          | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    375000 | PA      | $381722.25    | 0.14%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies               | Carlyle US CLO 2020-2 Ltd                                                                                       | CUSIP: 14315GBC8<br>LEI: 549300VC6J79YJCFU884 | Long             | ABS-CBDO         | CORP              | KY        |    355000 | PA      | $347306.44    | 0.13%             | 2035-01-25      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                                                                   | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    670000 | PA      | $654240.11    | 0.25%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    178000 | PA      | $179784.45    | 0.07%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                                                      | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   1173450 | PA      | $1268856.18   | 0.48%             | 2031-06-01      | Floating      | 9.00%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                                 | CarVal CLO II Ltd                                                                                               | CUSIP: 14686ABC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    745000 | PA      | $745399.32    | 0.28%             | 2032-04-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Celanese Corp                                  | Celanese Corp                                                                                                   | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |      1114 | NS      | $73267.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                                                        | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    128000 | PA      | $133600.51    | 0.05%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                                                        | CUSIP: 15089QAX2<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     64000 | PA      | $67653.33     | 0.03%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                                                        | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    211000 | PA      | $225081.30    | 0.08%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                                                        | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     72000 | PA      | $73869.33     | 0.03%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                       | Charter Communications Operating LLC / Charter Communications Operating Capital                                 | CUSIP: 161175BA1<br>LEI: N/A                  | Short            | DBT              | CORP              | US        |   -129000 | PA      | $-119161.15   | -0.04%            | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                       | Charter Communications Operating LLC / Charter Communications Operating Capital                                 | CUSIP: 161175BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $71700.08     | 0.03%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                       | Charter Communications Operating LLC / Charter Communications Operating Capital                                 | CUSIP: 161175CT9<br>LEI: N/A                  | Short            | DBT              | CORP              | US        |   -202000 | PA      | $-193392.08   | -0.07%            | 2055-12-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                                                | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    510000 | PA      | $524018.37    | 0.20%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc              | Citigroup Mortgage Loan Trust 2025-LTV1                                                                         | CUSIP: 17332XAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99286.42     | 0.04%             | 2055-12-25      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                                                        | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    554000 | PA      | $492547.38    | 0.19%             | 2033-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                          | Clover Holdings 2 LLC Term Loan B                                                                               | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    410000 | PA      | $393600.00    | 0.15%             | 2031-12-09      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                          | Clover Holdings 2 LLC Fixed Term Loan B                                                                         | CUSIP: 18914DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    277826 | PA      | $262893.21    | 0.10%             | 2031-12-09      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COBRA ACQUISITIONCO LLC                        | Cobra AcquisitionCo LLC                                                                                         | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $127304.59    | 0.05%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                   | Comcast Corp                                                                                                    | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     17583 | NS      | $504807.93    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Connect Holding II LLC                         | Connect Holding II LLC Delayed Draw Term Loan                                                                   | CUSIP: 20752KAP8<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |    594000 | PA      | $554424.75    | 0.21%             | 2031-04-03      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| CONNECT HOLDING II LLC                         | Connect Holding II LLC                                                                                          | CUSIP: 20753PAD3<br>LEI: 254900LCX7S2QHYUOI31 | Long             | DBT              | CORP              | US        |    287000 | PA      | $286282.50    | 0.11%             | 2031-04-03      | Fixed         | 10.50%                | No            |                  3 | On Loan: No      |
| Fannie Mae - CAS                               | Fannie Mae Connecticut Avenue Securities                                                                        | CUSIP: 20753TAC7<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    506998 | PA      | $511244.21    | 0.19%             | 2039-06-25      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                                                                  | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $147750.00    | 0.06%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Constant Contact Inc                           | Constant Contact Inc Term Loan                                                                                  | CUSIP: 21031HAC5<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |   1106420 | PA      | $1037268.41   | 0.39%             | 2028-02-10      | Floating      | 7.93%                 | No            |                  3 | On Loan: No      |
| Constant Contact Inc                           | Constant Contact Inc Second Lien Term Loan                                                                      | CUSIP: 21031HAE1<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |     91000 | PA      | $73448.83     | 0.03%             | 2029-02-12      | Floating      | 11.43%                | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                       | Constellation Energy Generation LLC                                                                             | CUSIP: 210385AJ9<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    170000 | PA      | $170457.51    | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                           | Cotiviti Corporation 2024 Term Loan                                                                             | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1018941 | PA      | $941251.95    | 0.35%             | 2031-05-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Cotiviti Corporation                           | Cotiviti Corporation 2024 Fixed Term Loan B                                                                     | CUSIP: 22164MAD9<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1645000 | PA      | $1538075.00   | 0.58%             | 2031-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Crown Finance US Inc                           | Crown Finance US Inc 2025 Term Loan B                                                                           | CUSIP: 22834KAV3<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |    286000 | PA      | $283630.49    | 0.11%             | 2031-12-02      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| SPIN HOLDCO INC                                | Spin Holdco Inc 2026 First Lien First Out Term Loan                                                             | CUSIP: 22946QAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    290000 | PA      | $296585.90    | 0.11%             | 2030-09-04      | Floating      | 9.10%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP/CYPRIUM HOL                       | Cyprium Corp / Cyprium Holdings Luxembourg Sarl                                                                 | CUSIP: 23292NAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     63000 | PA      | $62106.50     | 0.02%             | 2031-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CYPRIUM CORP/CYPRIUM HOL                       | Cyprium Corp / Cyprium Holdings Luxembourg Sarl                                                                 | CUSIP: 23292NAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    194000 | PA      | $188304.55    | 0.07%             | 2034-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                                                | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $122370.05    | 0.05%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                                                | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $183147.07    | 0.07%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Databricks Inc                                 | Databricks Inc 2025 1st Amendment Term Loan                                                                     | CUSIP: 23803RAE1<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |   1719216 | PA      | $1710619.59   | 0.65%             | 2032-01-05      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Databricks Inc                                 | Databricks Inc 2025 1st Amendment Delayed Draw Term Loan                                                        | CUSIP: 23803RAF8<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |    346784 | PA      | $345050.41    | 0.13%             | 2032-01-05      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR                        | Dealer Tire LLC / DT Issuer LLC                                                                                 | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $243112.10    | 0.09%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                        | Dell International LLC / EMC Corp                                                                               | CUSIP: 24703TAE6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    548000 | PA      | $548761.37    | 0.21%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                       | Digicel International Finance Ltd / Difl US LLC                                                                 | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    650000 | PA      | $661200.15    | 0.25%             | 2032-08-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| DirecTV Financing LLC                          | DirecTV Financing LLC 2024 Term Loan                                                                            | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     77123 | PA      | $77438.52     | 0.03%             | 2029-08-02      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| DirecTV Financing LLC                          | DirecTV Financing LLC 2025 Term Loan B                                                                          | CUSIP: 25460HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    254773 | PA      | $255468.13    | 0.10%             | 2031-02-17      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                          | Directv Financing LLC                                                                                           | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    114000 | PA      | $113468.75    | 0.04%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                                                        | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1054000 | PA      | $1075954.03   | 0.41%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                                                   | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2831000 | PA      | $2817332.50   | 1.06%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                                                   | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    571000 | PA      | $554073.56    | 0.21%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                                                   | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    561000 | PA      | $501321.82    | 0.19%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                                                   | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    830000 | PA      | $822881.39    | 0.31%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corporation                | Discovery Purchaser Corporation 2nd Lien Term Loan                                                              | CUSIP: 25471NAB2<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |    156473 | PA      | $148779.72    | 0.06%             | 2030-10-04      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corporation                | Discovery Purchaser Corporation Term Loan                                                                       | CUSIP: 25471NAC0<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |    793454 | PA      | $782643.58    | 0.30%             | 2029-10-04      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                                                    | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              |  | US        |    383000 | PA      | $340371.91    | 0.13%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                                                    | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              |  | US        |    371000 | PA      | $374188.00    | 0.14%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $3192.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1300.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $417.40       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1645.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4711.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $18675.78     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $19049.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $30992.31     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $43452.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $12589.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED EUR / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-2429.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $11317.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $39101.96     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $17150.66     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $27874.67     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $16802.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $430.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $1672.29      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $1323.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $4773.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $32841.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $14684.28     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $38202.78     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4683.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $26367.80     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $30663.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4786.01      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $3220.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $45131.79     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4057.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $3934.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DURST Commercial Mortgage Trust                | Durst Commercial Mortgage Trust 2025-151                                                                        | CUSIP: 266895AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $194111.24    | 0.07%             | 2042-08-10      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust             | EFMT 2025-NQM3                                                                                                  | CUSIP: 26846YAG3<br>LEI: 2549007I2BIJP4S0O647 | Long             | ABS-MBS          | CORP              | US        |    480000 | PA      | $481219.44    | 0.18%             | 2070-08-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $10386.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD CAD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $3420.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD CAD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4546.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED GBP / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | GB        |         1 | NC      | $-5324.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED EUR / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-7511.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD CAD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1596.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD CAD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1094.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD CAD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1726.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $11983.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $13060.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $4248.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED EUR / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-4345.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED EUR / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-1139.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-983.07      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | PURCHASED USD / SOLD BRL                                                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $-844.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-4456.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $83.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $74.02        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $176.31       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $59721.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $8375.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | PURCHASED USD / SOLD EUR                                                                                        | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $1273.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $12816.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                  | PURCHASED CAD / SOLD USD                                                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | CA        |         1 | NC      | $-236.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | PURCHASED USD / SOLD GBP                                                                                        | CUSIP: 000000000<br>LEI: 2IGI19DL77OX0HC3ZE78 | N/A              | DFE              |  | US        |         1 | NC      | $526.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    224000 | PA      | $241976.17    | 0.09%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                                                       | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81364.72     | 0.03%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP                                                                                              | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |      5011 | NS      | $96712.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Endo Luxembourg Finance Company I Sa rl        | Endo Luxembourg Finance Company I Sa rl 2024 1st Lien Term Loan                                                 | CUSIP: 29280UAD5<br>LEI: 222100B15VY0VVCTG251 | Long             | LON              | CORP              | US        |    780441 | PA      | $777514.26    | 0.29%             | 2031-04-23      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS LP                       | Endo Finance Holdings LP                                                                                        | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    462000 | PA      | $483748.19    | 0.18%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                    | Extended Stay America Trust 2025-ESH                                                                            | CUSIP: 30227TAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100125.00    | 0.04%             | 2042-10-15      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                    | Extended Stay America Trust 2026-ESH2                                                                           | CUSIP: 30227WAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99068 | PA      | $99066.91     | 0.04%             | 2043-02-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                                                        | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46529.91     | 0.02%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDI                               | Ford Motor Credit Co LLC                                                                                        | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     87000 | PA      | $78395.15     | 0.03%             | 2031-06-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                                                        | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     52000 | PA      | $54856.41     | 0.02%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                                                        | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    158000 | PA      | $158372.00    | 0.06%             | 2026-06-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                                                        | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29714.97     | 0.01%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Fortune Brands Innovations Inc                 | Fortune Brands Innovations Inc                                                                                  | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      3205 | NS      | $124898.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Multifamily Structured Credit Risk             | Freddie Mac Mscr Trust Mn10                                                                                     | CUSIP: 35563UAB4<br>LEI: 529900M14O2Z3FO2N217 | Long             | ABS-MBS          | USGSE             | US        |    360000 | PA      | $361766.56    | 0.14%             | 2045-02-25      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| FREEDOM FUNDING CENTER                         | Freedom Funding Center LLC                                                                                      | CUSIP: 356380AA3<br>LEI: 254900Q0GLHFBCKSZ892 | Long             | DBT              | CORP              | US        |    218000 | PA      | $218000.00    | 0.08%             | 2032-10-01      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                                                                   | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    452000 | PA      | $422578.46    | 0.16%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund CLO          | GCRED BSL CLO 1                                                                                                 | CUSIP: 3615EMAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1020000 | PA      | $1018976.94   | 0.38%             | 2034-01-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust            | GS Mortgage-Backed Securities Trust 2026-NQM1                                                                   | CUSIP: 36276EAK6<br>LEI: 254900WEVNJASLS4UV47 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98685.57     | 0.04%             | 2066-03-25      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| VANTOR HOLDINGS INC                            | VANTOR HOLDINGS INC 1st LIEN TERM LOAN                                                                          | CUSIP: 36355RAB1<br>LEI: 254900XMZ2ZZ33TF4651 | Long             | LON              | CORP              | US        |    499000 | PA      | $490112.81    | 0.18%             | 2033-03-03      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| GARRETT MOTION HLD/SARL                        | Garrett Motion Holdings Inc / Garrett LX I Sarl                                                                 | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    349000 | PA      | $361363.33    | 0.14%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FIN                          | GENMAB A/S/GENMAB FINANCE LLC                                                                                   | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    103000 | PA      | $105598.90    | 0.04%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                               | Getty Images Inc                                                                                                | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    162863 | PA      | $146672.79    | 0.06%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                               | Getty Images Inc                                                                                                | CUSIP: 374276AP8<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     76000 | PA      | $72012.54     | 0.03%             | 2028-03-01      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| Global Medical Response Inc                    | Global Medical Response Inc 2025 Term Loan B                                                                    | CUSIP: 37956SAB0<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |    292268 | PA      | $291719.50    | 0.11%             | 2032-10-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                        | Global Medical Response Inc                                                                                     | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |    229000 | PA      | $237802.76    | 0.09%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GoTo Group Inc                                 | GoTo Group Inc 2024 First Out Term Loan                                                                         | CUSIP: 38349FAC0<br>LEI: 549300D12V5KRBV00592 | Long             | LON              | CORP              | US        |   4603778 | PA      | $3796689.76   | 1.43%             | 2028-04-28      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| GoTo Group Inc                                 | GoTo Group Inc 2024 Second Out Term Loan                                                                        | CUSIP: 38349FAD8<br>LEI: 549300D12V5KRBV00592 | Long             | LON              | CORP              | US        |    432255 | PA      | $132166.17    | 0.05%             | 2028-04-28      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| GOTO GROUP INC                                 | GoTo Group Inc                                                                                                  | CUSIP: 38349YAA3<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |   2044000 | PA      | $1598857.68   | 0.60%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOTO GROUP INC                                 | GoTo Group Inc                                                                                                  | CUSIP: 38349YAB1<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    171000 | PA      | $47880.00     | 0.02%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                           | GrafTech Finance Inc                                                                                            | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    112000 | PA      | $62079.79     | 0.02%             | 2029-12-23      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Gulfport Energy Corp                           | Gulfport Energy Corp                                                                                            | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |       812 | NS      | $171794.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Highbridge Loan Management Ltd                 | HPS Loan Management 2021-16 Ltd                                                                                 | CUSIP: 40440XAS0<br>LEI: 529900WV2JMUABMCHN18 | Long             | ABS-CBDO         | CORP              | KY        |    825000 | PA      | $824180.78    | 0.31%             | 2035-01-23      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| PHRG Intermediate LLC                          | PHRG Intermediate LLC 2025 Term Loan B                                                                          | CUSIP: 40445XAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    292849 | PA      | $290652.45    | 0.11%             | 2032-02-20      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Harbor Park CLO Ltd                            | Harbor Park CLO Ltd                                                                                             | CUSIP: 41154XBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    790000 | PA      | $787845.67    | 0.30%             | 2031-01-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| HELIX ENERGY SOLUTIONS                         | Helix Energy Solutions Group Inc                                                                                | CUSIP: 42330PAL1<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | DBT              | CORP              | US        |    234000 | PA      | $245970.27    | 0.09%             | 2029-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                                                    | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    515000 | PA      | $494882.71    | 0.19%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                                                        | CUSIP: 431318BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    114000 | PA      | $111376.87    | 0.04%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                                                        | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    647000 | PA      | $645003.68    | 0.24%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                                                | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    228000 | PA      | $231420.68    | 0.09%             | 2032-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Home Re Ltd                                    | Home Re 2026-1 Ltd                                                                                              | CUSIP: 436956AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    150000 | PA      | $150287.87    | 0.06%             | 2036-01-25      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Houghton Mifflin Harcourt Publishing Company   | Houghton Mifflin Harcourt Publishing Company 2022 Term Loan                                                     | CUSIP: 44157YAE4<br>LEI: 549300L3IA0HX4NLPQ61 | Long             | LON              | CORP              | US        |     20830 | PA      | $17719.41     | 0.01%             | 2029-04-09      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                        | Howard Midstream Energy Partners LLC                                                                            | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    223000 | PA      | $230592.48    | 0.09%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                        | Howard Midstream Energy Partners LLC                                                                            | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    134000 | PA      | $134509.47    | 0.05%             | 2034-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                                                    | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    134000 | PA      | $114286.59    | 0.04%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                                                    | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |   1219000 | PA      | $985083.90    | 0.37%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                                                    | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    153000 | PA      | $145098.68    | 0.05%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                              | Flash Charm Inc 2021 2nd Lien Term Loan                                                                         | CUSIP: 45168RAS2<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    205912 | PA      | $144009.63    | 0.05%             | 2029-03-02      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                              | Flash Charm Inc 2024 Term Loan                                                                                  | CUSIP: 45168RAT0<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    649766 | PA      | $514939.62    | 0.19%             | 2028-03-02      | Floating      | 7.16%                 | No            |                  3 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                          | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                                               | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    736000 | PA      | $736594.69    | 0.28%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                            | Intesa Sanpaolo SpA                                                                                             | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $188231.60    | 0.07%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Invesco CLO LTD                                | Invesco CLO 2021-3 Ltd                                                                                          | CUSIP: 46151VAG6<br>LEI: 5493000BVI47XOSBML18 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $749283.00    | 0.28%             | 2034-10-22      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| IRIS Holdings Inc                              | IRIS Holdings Inc Term Loan                                                                                     | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    813282 | PA      | $764265.16    | 0.29%             | 2028-06-28      | Floating      | 8.52%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                               | Iris Holding Inc                                                                                                | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |    132000 | PA      | $109560.00    | 0.04%             | 2028-12-15      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| iShares Russell 2000 ETF                       | iShares Russell 2000 ETF                                                                                        | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Short            | EC               | RF                | US        |     -3152 | NS      | $-781696.00   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Ivanti Software Inc                            | Ivanti Software Inc 2025 1st Lien Term Loan                                                                     | CUSIP: 46583DAH2<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |    868524 | PA      | $589445.38    | 0.22%             | 2029-06-01      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Ivanti Software Inc                            | Ivanti Software Inc 2025 Newco Term Loan                                                                        | CUSIP: 46583VAB5<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |   6439783 | PA      | $6447832.71   | 2.43%             | 2029-06-01      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                       | JP Morgan Mortgage Trust 2025-VIS3                                                                              | CUSIP: 46594EAG9<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     35000 | PA      | $34709.55     | 0.01%             | 2066-02-25      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                       | JP Morgan Mortgage Trust 2025-VIS3                                                                              | CUSIP: 46594EAH7<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |     25000 | PA      | $24406.43     | 0.01%             | 2066-02-25      | Variable      | 7.23%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                       | JP Morgan Mortgage Trust Series 2025-NQM3                                                                       | CUSIP: 46659QAF6<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $460344.22    | 0.17%             | 2065-11-25      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                       | JP Morgan Mortgage Trust Series 2025-NQM4                                                                       | CUSIP: 46660HAL0<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $168813.28    | 0.06%             | 2066-03-25      | Variable      | 6.69%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                       | JP Morgan Mortgage Trust Series 2026-ACES1                                                                      | CUSIP: 46664MBS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60000 | PA      | $59708.36     | 0.02%             | 2066-04-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                        | J P MORGAN TERM REPO                                                                                            | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |    594506 | PA      | $594506.25    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                        | J P MORGAN TERM REPO                                                                                            | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |    130935 | PA      | $130935.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Jamestown CLO Ltd                              | Jamestown CLO IX Ltd                                                                                            | CUSIP: 47048JBM4<br>LEI: 254900NFTK4YH0WYT485 | Long             | ABS-CBDO         | CORP              | KY        |    570000 | PA      | $570719.91    | 0.22%             | 2034-07-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Jennmar Inter III LLC                          | Jennmar Inter III LLC Term Loan B                                                                               | CUSIP: 47629RAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2073750 | PA      | $2058196.88   | 0.78%             | 2030-12-16      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| KKR Financial CLO Ltd                          | KKR CLO 28 LTD                                                                                                  | CUSIP: 48253WBC5<br>LEI: 549300OP87QBZ6KR1406 | Long             | ABS-CBDO         | CORP              | KY        |    520000 | PA      | $511487.08    | 0.19%             | 2035-02-09      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                            | LBM Acquisition LLC 2024 Incremental Term Loan B                                                                | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |   1569476 | PA      | $1266574.99   | 0.48%             | 2031-06-06      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                                               | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    335000 | PA      | $217267.60    | 0.08%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LHS Borrower LLC                               | LHS Borrower LLC 2025 Term Loan                                                                                 | CUSIP: 50204EAE8<br>LEI: 2549000R2CJY3YBDDU14 | Long             | LON              | CORP              | US        |   3372515 | PA      | $3325974.29   | 1.25%             | 2031-09-04      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| LHS Borrower LLC                               | LHS Borrower LLC 2025 Revolver                                                                                  | CUSIP: 50204EAF5<br>LEI: 2549000R2CJY3YBDDU14 | Long             | LON              | CORP              | US        |    272000 | PA      | $268273.60    | 0.10%             | 2031-09-04      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| LQR Trust                                      | LQR Trust 2025-CALI                                                                                             | CUSIP: 50216WAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30000 | PA      | $29714.75     | 0.01%             | 2043-01-15      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Darktrace PLC                                  | Darktrace PLC 1st Lien Term Loan                                                                                | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    432353 | PA      | $415115.48    | 0.16%             | 2031-10-09      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                                                        | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    789000 | PA      | $495097.50    | 0.19%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  3 | On Loan: No      |
| LIGHTNING POWER LLC                            | Lightning Power LLC                                                                                             | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |    358000 | PA      | $372133.03    | 0.14%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                                               | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    235000 | PA      | $220858.03    | 0.08%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                                                   | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    897000 | PA      | $898140.98    | 0.34%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LSF12 HELIX PARENT LLC                         | Lsf12 Helix Parent LLC                                                                                          | CUSIP: 548916AA3<br>LEI: 254900H70V4IL22BHL88 | Long             | DBT              | CORP              | US        |    140000 | PA      | $134736.85    | 0.05%             | 2033-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| LUNA 1.5 SARL                                  | Luna 1.5 Sarl                                                                                                   | CUSIP: 550356AA7<br>LEI: 64884UZ60Y77J5XK5C41 | Long             | DBT              | CORP              | LU        |     58000 | PA      | $61842.50     | 0.02%             | 2032-07-01      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| MGM Resorts International                      | MGM Resorts International                                                                                       | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |     14746 | NS      | $545749.46    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                                                       | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    482000 | PA      | $481382.94    | 0.18%             | 2026-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                                                       | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    234000 | PA      | $235931.67    | 0.09%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                                                                                         | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |      2491 | NS      | $142161.37    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                                                                                         | CUSIP: 55336VCC2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    128000 | PA      | $127427.84    | 0.05%             | 2035-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              |  | US        |    389000 | PA      | $362094.83    | 0.14%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    280000 | PA      | $217708.35    | 0.08%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |   4088000 | PA      | $2671139.92   | 1.01%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $55759.66     | 0.02%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Madison Avenue Trust                           | MAD Commercial Mortgage Trust 2025-11MD                                                                         | CUSIP: 55616AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120000 | PA      | $117704.65    | 0.04%             | 2042-10-15      | Variable      | 6.84%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                                                      | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $117811.98    | 0.04%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                         | Discovery Global Holdings Inc                                                                                   | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1199000 | PA      | $1184300.26   | 0.45%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                         | Discovery Global Holdings Inc                                                                                   | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    117000 | PA      | $77080.27     | 0.03%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                              | Magnetite XXXI Ltd                                                                                              | CUSIP: 55952FAS7<br>LEI: 549300J3BCFSIZAJJW77 | Long             | ABS-CBDO         | CORP              | KY        |    345000 | PA      | $338545.74    | 0.13%             | 2034-07-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                              | Magnetite XIX Ltd                                                                                               | CUSIP: 55954KBA2<br>LEI: 5493000OP4ZUZOOM1U45 | Long             | ABS-CBDO         | CORP              | KY        |    555000 | PA      | $555228.66    | 0.21%             | 2034-04-17      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Red Planet Borrower LLC                        | Red Planet Borrower LLC 2025 Term Loan B                                                                        | CUSIP: 57165KAE6<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |    364088 | PA      | $356896.77    | 0.13%             | 2032-09-08      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                                                            | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    235000 | PA      | $235220.90    | 0.09%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                                                            | CUSIP: 576485AJ5<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    264000 | PA      | $262330.77    | 0.10%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                            | Medline Borrower LP 2025 Incremental Term Loan B                                                                | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    716995 | PA      | $718673.06    | 0.27%             | 2030-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| MEH Inc                                        | MEH Inc Term Loan                                                                                               | CUSIP: 58518UAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5358175 | PA      | $4969707.32   | 1.87%             | 2030-07-31      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                                                            | CUSIP: 59408QAA4<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    811000 | PA      | $751188.75    | 0.28%             | 2034-03-15      | Fixed         | 11.00%                | No            |                  3 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                                                            | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    766000 | PA      | $745696.40    | 0.28%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Michaels Companies, Inc. (The)                 | MICHAELS COMPANIES INC THE 2026 TERM LOAN B                                                                     | CUSIP: 59408UAE7<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    499000 | PA      | $485307.44    | 0.18%             | 2033-03-15      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                                   | Strategy Inc                                                                                                    | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |      9820 | NS      | $744847.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                                                           | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    450000 | PA      | $462510.25    | 0.17%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                                                           | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     88000 | PA      | $89928.91     | 0.03%             | 2031-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                                                             | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    328000 | PA      | $325111.40    | 0.12%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MUVICO LLC                                     | Muvico LLC                                                                                                      | CUSIP: 62844JAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $29390.50     | 0.01%             | 2029-02-19      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                                                    | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    262000 | PA      | $260012.13    | 0.10%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                                                  | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    140000 | PA      | $128919.20    | 0.05%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                                                  | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    265000 | PA      | $242941.16    | 0.09%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                | Naked Juice LLC 2025 FLFO Term Loan                                                                             | CUSIP: 62984CAK9<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |   2137000 | PA      | $2131176.68   | 0.80%             | 2029-01-24      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                | Naked Juice LLC 2025 FLSO Term Loan                                                                             | CUSIP: 62984CAM5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    276975 | PA      | $148642.97    | 0.06%             | 2029-01-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                       | Neuberger Berman Loan Advisers CLO 47 Ltd                                                                       | CUSIP: 64135DAN5<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249994.25    | 0.09%             | 2035-04-16      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                             | Rithm Capital Corp                                                                                              | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |    240000 | PA      | $235783.34    | 0.09%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                             | Rithm Capital Corp                                                                                              | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |    145000 | PA      | $139951.22    | 0.05%             | 2030-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                                                              | CUSIP: 650929AC6<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    144000 | PA      | $114903.36    | 0.04%             | 2029-04-30      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                                                              | CUSIP: 650929AD4<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    141000 | PA      | $56082.82     | 0.02%             | 2029-04-30      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Newfold Digital Holdings Group Inc.            | Newfold Digital Holdings Group Inc 2025 New Money Tranche A Term Loan                                           | CUSIP: 65131PAB5<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |     15531 | PA      | $11803.45     | 0.00%             | 2029-04-30      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| Newfold Digital Holdings Group Inc.            | Newfold Digital Holdings Group Inc 2025 Tranche A Term Loan                                                     | CUSIP: 65131PAC3<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |   4362536 | PA      | $3215799.90   | 1.21%             | 2029-04-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Newfold Digital Holdings Group Inc.            | Newfold Digital Holdings Group Inc 2025 Tranche B Term Loan                                                     | CUSIP: 65131PAD1<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |    216974 | PA      | $71601.36     | 0.03%             | 2029-04-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| NOKIA OYJ                                      | Nokia Oyj                                                                                                       | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    225000 | PA      | $235607.90    | 0.09%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                                                   | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    339000 | PA      | $226185.75    | 0.09%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                         | Northwoods Capital 25 Ltd                                                                                       | CUSIP: 668468AQ4<br>LEI: 254900UXEMW3RG9T8D39 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750300.75    | 0.28%             | 2034-07-20      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital Ltd                         | Northwoods Capital 27 Ltd                                                                                       | CUSIP: 66860XAU1<br>LEI: 254900WP3D5TE62YH237 | Long             | ABS-CBDO         | CORP              | KY        |    570000 | PA      | $570754.68    | 0.22%             | 2034-10-17      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| NOURISH BUYER I INC                            | Nourish Buyer I Inc 2026 Repriced Term Loan B                                                                   | CUSIP: 66979CAK7<br>LEI: 254900WHHUSAU0TJQB23 | Long             | LON              | CORP              | US        |    504250 | PA      | $506143.46    | 0.19%             | 2032-07-09      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| OID-OL Intermediate I LLC                      | OID-OL Intermediate I LLC Term Loan 1                                                                           | CUSIP: 67089SAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6000990 | PA      | $5970985.18   | 2.25%             | 2029-02-01      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| OID-OL Intermediate I LLC                      | OID-OL Intermediate I LLC Term Loan 2                                                                           | CUSIP: 67089SAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     35736 | PA      | $23891.81     | 0.01%             | 2029-02-01      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                                       | OZLM XIX Ltd                                                                                                    | CUSIP: 67112CBU0<br>LEI: 5493009C40QUU66J8E83 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250000.00    | 0.09%             | 2035-01-15      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust 2021-909         | NYC Trust 2025-77C                                                                                              | CUSIP: 67123LAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $128299.38    | 0.05%             | 2036-01-10      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                            | ELECTRONIC ARTS INC USD TERM LOAN B                                                                             | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |    340000 | PA      | $338300.00    | 0.13%             | 2033-03-24      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                        | OAK-Eagle Acquireco Inc                                                                                         | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    361000 | PA      | $374030.09    | 0.14%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                        | OAK-Eagle Acquireco Inc                                                                                         | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    386000 | PA      | $404100.18    | 0.15%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                              | Chord Energy Corp                                                                                               | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309732.65    | 0.12%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                              | Chord Energy Corp                                                                                               | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     91000 | PA      | $92207.57     | 0.03%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                                                       | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     74000 | PA      | $79068.93     | 0.03%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                                                       | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    360000 | PA      | $372885.84    | 0.14%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                       | Oceanview Mortgage Trust 2025-INV4                                                                              | CUSIP: 67647DDY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99649 | PA      | $99663.96     | 0.04%             | 2055-12-25      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                                                   | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95410.12     | 0.04%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation           | Olympus Water US Holding Corporation 2024 EUR Term Loan B                                                       | CUSIP: 68163YAH8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |    155000 | PA      | $176790.12    | 0.07%             | 2031-06-20      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                                                            | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    465000 | PA      | $437065.22    | 0.16%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                      | ONEOK Inc                                                                                                       | CUSIP: 682680CW1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91949.94     | 0.03%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                      | ONEOK Inc                                                                                                       | CUSIP: 682680DA8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    170000 | PA      | $153291.14    | 0.06%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                                                        | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $121568.08    | 0.05%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                    | Ovintiv Inc                                                                                                     | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      3296 | NS      | $195650.56    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                  | Owens Corning                                                                                                   | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |       621 | NS      | $67204.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust          | PRPM 2025-RCF4 LLC                                                                                              | CUSIP: 69382WAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $95984.65     | 0.04%             | 2055-08-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust          | PRPM 2025-RCF5 LLC                                                                                              | CUSIP: 69384AAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $95414.67     | 0.04%             | 2055-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers CLO         | Park Avenue Institutional Advisers CLO Ltd 2021-2                                                               | CUSIP: 70018QAL9<br>LEI: 529900TR2RUYEEXPKF94 | Long             | ABS-CBDO         | CORP              | KY        |    325000 | PA      | $324870.98    | 0.12%             | 2034-07-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers CLO         | Park Avenue Institutional Advisers CLO Ltd 2021-2                                                               | CUSIP: 70018QAN5<br>LEI: 529900TR2RUYEEXPKF94 | Long             | ABS-CBDO         | CORP              | KY        |    405000 | PA      | $405171.72    | 0.15%             | 2034-07-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers CLO         | Park Avenue Institutional Advisers CLO Ltd 2021-2                                                               | CUSIP: 70018QAQ8<br>LEI: 529900TR2RUYEEXPKF94 | Long             | ABS-CBDO         | CORP              | KY        |    405000 | PA      | $400348.17    | 0.15%             | 2034-07-15      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| PARTHENON SPV ISSUER 2025 1                    | PARTHENON SPV ISSUER 2025 1                                                                                     | CUSIP: 70214QAB3<br>LEI: 254900OFFGYPA9G37S37 | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $350000.00    | 0.13%             | 2032-10-09      | Variable      | 8.43%                 | No            |                  3 | On Loan: No      |
| Vision Solutions Inc                           | Vision Solutions Inc 2021 Incremental Term Loan                                                                 | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1237160 | PA      | $961891.98    | 0.36%             | 2028-04-24      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                         | Penn Entertainment Inc                                                                                          | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    284000 | PA      | $265597.77    | 0.10%             | 2029-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                                                 | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    170000 | PA      | $159092.53    | 0.06%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                                                      | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    276000 | PA      | $276509.77    | 0.10%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                                                      | CUSIP: 71376LAH3<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     78000 | PA      | $75230.41     | 0.03%             | 2034-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                                                 | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    408000 | PA      | $415603.49    | 0.16%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                                               | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    145000 | PA      | $142845.69    | 0.05%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                                               | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    268000 | PA      | $262458.00    | 0.10%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Prism Bidco Inc                                | Prism Bidco Inc 2025 Term Loan                                                                                  | CUSIP: 74277YAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    553000 | PA      | $542634.02    | 0.20%             | 2032-10-15      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                   | Cloudera Inc 2021 Term Loan                                                                                     | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    943885 | PA      | $845367.14    | 0.32%             | 2028-10-08      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                   | Cloudera Inc 2021 Second Lien Term Loan                                                                         | CUSIP: 74339VAE8<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    335420 | PA      | $261069.51    | 0.10%             | 2029-10-08      | Floating      | 9.77%                 | No            |                  2 | On Loan: No      |
| Public Storage                                 | Public Storage                                                                                                  | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Short            | EC               |  | US        |       -96 | NS      | $-26004.48    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Puerto Rico Industrial Development Co          | PUERTO RICO CMWLTH INDL DEV COMPANY GEN PURPOSE REVENUES                                                        | CUSIP: 745211LM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $86175.30     | 0.03%             | 2054-01-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority           | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                            | CUSIP: 74526QZS4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    800000 | PA      | $531000.00    | 0.20%             | 2032-07-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                                                         | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    120000 | PA      | $52200.00     | 0.02%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                                                         | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    112000 | PA      | $49840.00     | 0.02%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  3 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                                                         | CUSIP: 747262BA0<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    211000 | PA      | $92840.00     | 0.04%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                          | Qnity Electronics Inc                                                                                           | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    178000 | PA      | $179982.39    | 0.07%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Rackspace Finance, LLC                         | Rackspace Finance LLC 2024 First Lien First Out Term Loan                                                       | CUSIP: 75008UAC1<br>LEI: 25490078N5MHLAGLZ689 | Long             | LON              | CORP              | US        |     61435 | PA      | $61204.73     | 0.02%             | 2028-05-15      | Floating      | 10.04%                | No            |                  2 | On Loan: No      |
| Rackspace Finance, LLC                         | Rackspace Finance LLC 2024 First Lien Second Out Term Loan                                                      | CUSIP: 75008UAD9<br>LEI: 25490078N5MHLAGLZ689 | Long             | LON              | CORP              | US        |     86772 | PA      | $40999.80     | 0.02%             | 2028-05-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| RACKSPACE FINANCE LLC                          | Rackspace Finance LLC                                                                                           | CUSIP: 75008WAA1<br>LEI: 25490078N5MHLAGLZ689 | Long             | DBT              | CORP              | US        |     40000 | PA      | $19800.00     | 0.01%             | 2028-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                                                         | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    439000 | PA      | $413782.92    | 0.16%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REMIC FUNDING TRUST 98-1                       | Redwood Funding Trust 2026-1                                                                                    | CUSIP: 75806HAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100000.00    | 0.04%             | 2056-09-27      | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Resideo Technologies Inc                       | Resideo Technologies Inc                                                                                        | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |      5735 | NS      | $193326.85    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET COS INC                                 | Rocket Cos Inc                                                                                                  | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    468000 | PA      | $473028.19    | 0.18%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc                            | Rocket Software Inc 2023 USD Term Loan B                                                                        | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |    262676 | PA      | $252552.35    | 0.10%             | 2028-11-28      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                            | Rocket Software Inc                                                                                             | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15299.87     | 0.01%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                                                    | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    193000 | PA      | $192125.05    | 0.07%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                                                     | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    295000 | PA      | $297947.36    | 0.11%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SLG Trust                                      | SLG Office Trust 2026-OMA                                                                                       | CUSIP: 78451FAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150798.93    | 0.06%             | 2041-04-15      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| State Street SPDR S&P 500 ETF Trust            | State Street SPDR S&P 500 ETF Trust                                                                             | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Short            | EC               | RF                | US        |     -1159 | NS      | $-753744.06   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR S&P Regional Banking ETF     | State Street SPDR S&P Regional Banking ETF                                                                      | CUSIP: 78464A698<br>LEI: 549300EFWJBKUN6WJX52 | Short            | EC               | RF                | US        |      -289 | NS      | $-18828.35    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR S&P Homebuilders ETF         | State Street SPDR S&P Homebuilders ETF                                                                          | CUSIP: 78464A888<br>LEI: 549300MSE80LL1UJS132 | Short            | EC               | RF                | US        |      -548 | NS      | $-54098.56    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                                 | Salesforce Inc                                                                                                  | CUSIP: 79466LAW4<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    320000 | PA      | $321110.12    | 0.12%             | 2056-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Santander Mortgage Asset Receivable Trust      | Santander Mortgage Asset Receivable Trust 2025-NQM4                                                             | CUSIP: 80263BAF6<br>LEI: 254900P9WEZD48ETI035 | Long             | ABS-MBS          | CORP              | US        |    480000 | PA      | $480398.69    | 0.18%             | 2065-07-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| SEADRILL FINANCE LTD                           | Seadrill Finance Ltd                                                                                            | CUSIP: 81172QAA2<br>LEI: 213800WMN3OHFUDHD642 | Long             | DBT              | CORP              | BM        |    149000 | PA      | $154090.31    | 0.06%             | 2030-08-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                              | Seagate Data Storage Technology Pte Ltd                                                                         | CUSIP: 81180LAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     90000 | PA      | $87105.92     | 0.03%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                       | SeaWorld Parks & Entertainment Inc                                                                              | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    662000 | PA      | $632298.84    | 0.24%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United Parks & Resorts Inc                     | United Parks & Resorts Inc                                                                                      | CUSIP: 81282V100<br>LEI: 529900G0H4NV3IIK3269 | Long             | EC               | CORP              | US        |      6625 | NS      | $216372.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Financial Select Sector SPDR ETF  | State Street Financial Select Sector SPDR ETF                                                                   | CUSIP: 81369Y605<br>LEI: 549300Y12KQ6ZG08NY28 | Short            | EC               | RF                | US        |     -1240 | NS      | $-61218.80    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| SAKS GLOBAL ENTERPRISES LLC                    | SAKS Global Enterprises LLC DIP 1st Out Subsequent Delayed Draw Term Loan                                       | CUSIP: 81881KAD1<br>LEI: 5493007HQSJGRH78Q684 | Long             | LON              | CORP              | US        |    686861 | PA      | $649770.23    | 0.25%             | 2026-07-15      | Floating      | 14.26%                | No            |                  2 | On Loan: No      |
| Signal Parent Inc                              | Signal Parent Inc Term Loan B                                                                                   | CUSIP: 82666KAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79375 | PA      | $52452.59     | 0.02%             | 2028-04-03      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                                                   | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    218000 | PA      | $221611.17    | 0.08%             | 2033-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                                                             | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    190000 | PA      | $172504.55    | 0.07%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Smartstop Self Storage REIT Inc                | Smartstop Self Storage REIT Inc                                                                                 | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |      4667 | NS      | $141316.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SMB Private Education Loan Trust               | SMB Private Education Loan Trust 2024-D                                                                         | CUSIP: 83207QAB5<br>LEI: 549300XC4C7GRVLU6076 | Long             | ABS-O            | CORP              | US        |    148621 | PA      | $148540.18    | 0.06%             | 2053-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Solaris US Bidco LLC                           | Solaris US Bidco LLC Term Loan B                                                                                | CUSIP: 83419KAC0<br>LEI: 2549003TDWENUCVBGQ49 | Long             | LON              | CORP              | US        |    335822 | PA      | $322809.15    | 0.12%             | 2030-11-29      | Floating      | 8.92%                 | No            |                  2 | On Loan: No      |
| SONARSOURCE FINANCING LLC                      | SonarSource Financing LLC Term Loan                                                                             | CUSIP: 83541WAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    331000 | PA      | $304520.00    | 0.11%             | 2030-12-19      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Sound Inpatient Physicians                     | Sound Inpatient Physicians 2024 Tranche B Term Loan (Second Out)                                                | CUSIP: 83607JAE1<br>LEI: 54930047QBMPL027P218 | Long             | LON              | CORP              | US        |    428969 | PA      | $415027.53    | 0.16%             | 2028-06-28      | Floating      | 7.46%                 | No            |                  3 | On Loan: No      |
| SPRINT CAPITAL CORP                            | Sprint Capital Corp                                                                                             | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   2014000 | PA      | $2129419.92   | 0.80%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                       | Standard Building Solutions Inc                                                                                 | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    201000 | PA      | $201103.92    | 0.08%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                       | Standard Building Solutions Inc                                                                                 | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    313000 | PA      | $309480.46    | 0.12%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STONEX ESCROW ISSUER LLC                       | Stonex Escrow Issuer LLC                                                                                        | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206000 | PA      | $208189.16    | 0.08%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Summit Behavioral Healthcare LLC               | Summit Behavioral Healthcare LLC 2025 FLFO Term Loan                                                            | CUSIP: 86602KAH9<br>LEI: 254900QVBD0VL3INID05 | Long             | LON              | CORP              | US        |   1276698 | PA      | $1317124.65   | 0.50%             | 2029-12-31      | Floating      | 9.45%                 | No            |                  2 | On Loan: No      |
| Summit Behavioral Healthcare LLC               | Summit Behavioral Healthcare LLC 2025 FLSO Term Loan                                                            | CUSIP: 86602KAJ5<br>LEI: 254900QVBD0VL3INID05 | Long             | LON              | CORP              | US        |    555888 | PA      | $480378.89    | 0.18%             | 2029-12-31      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                        | Talen Energy Supply LLC                                                                                         | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    238000 | PA      | $249680.33    | 0.09%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| TAMARACK VALLEY ENERGY L                       | Tamarack Valley Energy Ltd                                                                                      | CUSIP: 87505YAE2<br>LEI: 549300TLKPX8BE14MH06 | Long             | DBT              | CORP              | CA        |    301000 | PA      | $226876.02    | 0.09%             | 2030-07-25      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Telephone and Data Systems Inc                 | Telephone and Data Systems Inc                                                                                  | CUSIP: 879433829<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EC               | CORP              | US        |      1949 | NS      | $82052.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Canada                                 | Telesat Canada Term Loan B5                                                                                     | CUSIP: 87951YAU5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    223000 | PA      | $178798.06    | 0.07%             | 2026-12-07      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                                                           | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    615000 | PA      | $614398.04    | 0.23%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                                                           | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    190000 | PA      | $188299.05    | 0.07%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                                                           | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60390.12     | 0.02%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                                                           | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71549.31     | 0.03%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                                                  | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2081000 | PA      | $2060312.36   | 0.78%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                                | Thor Industries Inc                                                                                             | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |    122000 | PA      | $115171.26    | 0.04%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Asset Trust 2018-SL1                | Towd Point Asset Trust 2018-SL1                                                                                 | CUSIP: 89174UAH9<br>LEI: 54930022FYEFQVX02P24 | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $531274.90    | 0.20%             | 2046-01-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Asset Trust                         | Towd Point Asset Trust 2021-SL1                                                                                 | CUSIP: 89179XAE5<br>LEI: 54930022FYEFQVX02P24 | Long             | ABS-O            | CORP              | US        |   1070000 | PA      | $1016582.28   | 0.38%             | 2061-11-20      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                                                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    470000 | PA      | $479338.90    | 0.18%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                                                   | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149915.79    | 0.06%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                  | TransDigm Inc 2023 Term Loan J                                                                                  | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     68477 | PA      | $68563.56     | 0.03%             | 2031-02-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                  | TransDigm Inc 2024 Term Loan L                                                                                  | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    110161 | PA      | $110278.52    | 0.04%             | 2032-01-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                  | TransDigm Inc 2025 Term Loan M                                                                                  | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    542923 | PA      | $543523.30    | 0.20%             | 2032-08-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                       | Transocean International Ltd                                                                                    | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    310000 | PA      | $331235.00    | 0.12%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                                                             | CUSIP: 894164AC6<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    131000 | PA      | $129296.95    | 0.05%             | 2033-09-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Bonds                                                                                             | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    137000 | PA      | $133398.40    | 0.05%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Bonds                                                                                             | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     87000 | PA      | $86714.53     | 0.03%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Bonds                                                                                             | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |   -275000 | PA      | $-262839.84   | -0.10%            | 2055-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Inflation-Indexed Bonds                                                                           | CUSIP: 912810US5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    210729 | PA      | $195658.48    | 0.07%             | 2056-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     28000 | PA      | $27619.38     | 0.01%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |    -53000 | PA      | $-54397.46    | -0.02%            | 2035-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |   -666000 | PA      | $-668549.53   | -0.25%            | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |  -4890000 | PA      | $-4884651.56  | -1.84%            | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CPT2<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |   -525000 | PA      | $-520611.33   | -0.20%            | 2029-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | U.S. Treasury Notes                                                                                             | CUSIP: 91282CQD6<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |    -50000 | PA      | $-49035.16    | -0.02%            | 2031-02-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                                                 | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     81000 | PA      | $82497.35     | 0.03%             | 2032-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| URBAN ONE INC                                  | Urban One Inc                                                                                                   | CUSIP: 91705JAD7<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |     19000 | PA      | $7695.00      | 0.00%             | 2031-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| VOC ESCROW LTD                                 | VOC Escrow Ltd                                                                                                  | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    526000 | PA      | $523834.25    | 0.20%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                       | Brazil Notas do Tesouro Nacional Serie B                                                                        | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    198000 | PA      | $163160.42    | 0.06%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    144000 | PA      | $158285.38    | 0.06%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                                                              | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     78000 | PA      | $87420.68     | 0.03%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                                                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    239000 | PA      | $253137.33    | 0.10%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                          | Venture Global Plaquemines LNG LLC                                                                              | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    325000 | PA      | $338309.40    | 0.13%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                                               | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     89000 | PA      | $82556.89     | 0.03%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                                               | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    289000 | PA      | $256081.83    | 0.10%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Verdelite Static CLO Ltd                       | Verdelite Static CLO 2024-1 Ltd                                                                                 | CUSIP: 92338VAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    185000 | PA      | $184998.89    | 0.07%             | 2032-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2026-3                                                                               | CUSIP: 92490HAM8<br>LEI: 213800WC8BFD1C25XM36 | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $209625.78    | 0.08%             | 2071-03-25      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2026-3                                                                               | CUSIP: 92490HAN6<br>LEI: 213800WC8BFD1C25XM36 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97016.40     | 0.04%             | 2071-03-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2024-7                                                                               | CUSIP: 924925AG5<br>LEI: 213800HQOHEFNJCQYJ07 | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $380175.14    | 0.14%             | 2069-09-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2025-8                                                                               | CUSIP: 924930AJ9<br>LEI: 213800K8E68XJS6Z1D09 | Long             | ABS-MBS          | CORP              | US        |    740000 | PA      | $731219.97    | 0.28%             | 2070-09-25      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2025-7                                                                               | CUSIP: 924931AJ7<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $753265.58    | 0.28%             | 2070-08-25      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc                        | Versant Media Group Inc                                                                                         | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |      4827 | NS      | $178695.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VERSANT MEDIA GROUP INC                        | Versant Media Group Inc                                                                                         | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |    137000 | PA      | $140205.94    | 0.05%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc                        | Versant Media Group Inc Term Loan B                                                                             | CUSIP: 92528PAB0<br>LEI: 254900D2Q5F5F229PU30 | Long             | LON              | CORP              | US        |    186000 | PA      | $186058.59    | 0.07%             | 2031-01-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2024-8                                                                               | CUSIP: 92540PAF5<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99861.12     | 0.04%             | 2069-10-25      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2025-5                                                                               | CUSIP: 92540XAE1<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $462011.58    | 0.17%             | 2070-06-25      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2026-1                                                                               | CUSIP: 92541JAP6<br>LEI: 2138009KJR7Q44BI8668 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $493390.25    | 0.19%             | 2071-01-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                    | Viatris Inc                                                                                                     | CUSIP: 92556VAE6<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     72000 | PA      | $54645.70     | 0.02%             | 2040-06-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                    | Viatris Inc                                                                                                     | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    275000 | PA      | $180237.02    | 0.07%             | 2050-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                    | PMHC II Inc 2026 1st Out Term Loan A                                                                            | CUSIP: 92559QAB0<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    522101 | PA      | $521555.67    | 0.20%             | 2030-04-30      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                    | PMHC II INC 2026 2nd OUT TERM LOAN B1                                                                           | CUSIP: 92559QAD6<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    953051 | PA      | $586126.33    | 0.22%             | 2030-04-30      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                    | PMHC II Inc 2026 3rd Out Term Loan C2                                                                           | CUSIP: 92559QAG9<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    162126 | PA      | $32965.86     | 0.01%             | 2030-04-30      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                    | PMHC II Inc 2026 2nd Out Term Loan B2                                                                           | CUSIP: 92559QAH7<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    225600 | PA      | $137616.00    | 0.05%             | 2030-04-30      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                                                              | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    876000 | PA      | $924131.82    | 0.35%             | 2031-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                                                              | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    191000 | PA      | $188576.56    | 0.07%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                                                              | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |       915 | NS      | $13743.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cerba Healthcare SAS                           | Cerba Healthcare SAS 2021 EUR Term Loan B                                                                       | CUSIP: 000000000<br>LEI: 9845000C1FYE89DC8677 | Long             | LON              | CORP              | FR        |    195000 | PA      | $166668.61    | 0.06%             | 2028-06-30      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| SPN NEW UN PE                                  | SPN NEW UN PE                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11827 | NS      | $1053312.62   | 0.40%             |  |  |  | No            |                  3 | On Loan: No      |
| Houghton Mifflin Harcourt Publishing Company   | Houghton Mifflin Harcourt Publishing Company 2022 2nd Lien Term Loan                                            | CUSIP: 41154UAB7<br>LEI: 549300DDRF1LRKBXUN11 | Long             | LON              | CORP              | US        |    240334 | PA      | $171487.71    | 0.06%             | 2030-04-08      | Floating      | 12.17%                | No            |                  2 | On Loan: No      |
| Waystar Holding Corp                           | Waystar Holding Corp                                                                                            | CUSIP: 946784105<br>LEI: 529900QJLKXDYU36MH89 | Long             | EC               | CORP              | US        |     15178 | NS      | $365941.58    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupa HoldingsLLC                              | Coupa HoldingsLLC Term Loan                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3575141 | PA      | $3539032.08   | 1.33%             | 2030-02-27      | None          | 8.92%                 | No            |                  3 | On Loan: No      |
| Coupa HoldingsLLC                              | Coupa HoldingsLLC Delayed Draw Term Loan                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    323525 | PA      | $320257.18    | 0.12%             | 2030-02-27      | Floating      | 0.99%                 | No            |                  3 | On Loan: No      |
| Coupa HoldingsLLC                              | Coupa HoldingsLLC Revolver                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    248036 | PA      | $245728.94    | 0.09%             | 2029-02-27      | None          | 0.49%                 | No            |                  3 | On Loan: No      |
| MALLINCKRODT PVE                               | MALLINCKRODT PVE                                                                                                | CUSIP: 000000000<br>LEI: 549300LMDE3RUP8Z3L60 | Long             | EC               | CORP              | US        |     11231 | NS      | $988328.00    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| GARC FF 1 SPV S.R.L.                           | GARC FF 1 SPV S.R.L.                                                                                            | CUSIP: 000000000<br>LEI: 815600FD175837517F98 | Long             | DBT              | CORP              | IT        |   4800000 | PA      | $4793280.00   | 1.81%             | 2031-05-09      | Floating      | 7.68%                 | No            |                  3 | On Loan: No      |
| SANTANDER UK PLC                               | SANTANDER UK PLC                                                                                                | CUSIP: 000000000<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |   1877000 | PA      | $2484398.06   | 0.94%             | 2041-08-22      | Floating      | 7.98%                 | No            |                  3 | On Loan: No      |
| SANTANDER UK PLC                               | SANTANDER UK PLC                                                                                                | CUSIP: 000000000<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |   1798000 | PA      | $2379833.62   | 0.90%             | 2041-08-22      | Floating      | 11.48%                | No            |                  3 | On Loan: No      |
| Morgan Stanley & Co. LLC                       | Morgan Stanley Institutional Liquidity Funds - Government Portfolio                                             | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   3563434 | NS      | $3563434.21   | 1.34%             |  |  |  | No            |                  3 | On Loan: No      |
| Whitebox CLO I Ltd                             | Whitebox Clo I Ltd                                                                                              | CUSIP: 96467FBS8<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |    415000 | PA      | $402249.13    | 0.15%             | 2037-01-24      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO I Ltd                             | Whitebox Clo I Ltd                                                                                              | CUSIP: 96467FBU3<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |    415000 | PA      | $413816.84    | 0.16%             | 2037-01-24      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| WILDFIRE INTERMEDIATE HO                       | Wildfire Intermediate Holdings LLC                                                                              | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |    585000 | PA      | $592761.78    | 0.22%             | 2029-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC         | MORGAN STANLEY REPO EUR                                                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | Long             | RA               | CORP              | LU        |    113662 | PA      | $131376.83    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Workiva Inc                                    | Workiva Inc                                                                                                     | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |      1231 | NS      | $73404.53     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO INC                                        | XPO Inc                                                                                                         | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123769.92    | 0.05%             | 2032-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                                                 | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    362000 | PA      | $334406.02    | 0.13%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                        | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                                                 | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    132000 | PA      | $109673.60    | 0.04%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FINANCE IR 07/28                               | FINANCE IR 07/28                                                                                                | CUSIP: 000000000<br>LEI: 894500TXYJQODS3QTP91 | Long             | ABS-O            | CORP              | IE        |   1229811 | PA      | $1418989.73   | 0.54%             | 2028-07-14      | Floating      | 8.02%                 | No            |                  3 | On Loan: No      |
| FINANCE IR 07/28                               | FINANCE IR 07/28                                                                                                | CUSIP: 000000000<br>LEI: 894500TXYJQODS3QTP91 | Long             | ABS-O            | CORP              | IE        |   1439319 | PA      | $1.66         | 0.00%             | 2028-07-14      | Fixed         | 1.50%                 | No            |                  3 | On Loan: No      |
| BOOTS PREF CONVERT                             | BOOTS PREF CONVERT                                                                                              | CUSIP: 000000000<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | JE        |   8752459 | PA      | $9881526.21   | 3.73%             | 2033-01-29      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| PAR HEALTH, INC. PVE                           | PAR HEALTH, INC. PVE                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18159 | NS      | $147541.88    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| VCI COMPUTE I LLC PVE                          | VCI COMPUTE I LLC PVE                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    305228 | NS      | $305228.00    | 0.12%             |  |  |  | No            |                  3 | On Loan: No      |
| PREMIER PVE PVE                                | PREMIER PVE PVE                                                                                                 | CUSIP: 000000000<br>LEI: 335800WBEGQHA5EB6C35 | Long             | EC               | CORP              | US        |    123432 | NS      | $125900.64    | 0.05%             |  |  |  | No            |                  3 | On Loan: No      |
| VCI COMPUTE II LLC                             | VCI COMPUTE II LLC                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171207 | PA      | $171207.37    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10076576  CDS USD R F  1.00000 FIX CORPORATE / Short: 10076576  CDS USD P V 03MEVENT FLO CORPORATE        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    455000 | OU      | $-895.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915  TRS USD R E RE / Short: 10076915  TRS USD P V 00MOBFR PV OBFR+54BPS                             | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      4606 | OU      | $-1138.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915A TRS USD R E RE / Short: 10076915A TRS USD P V 00MOBFR PF OBFR+54BPS                             | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      3934 | OU      | $-974.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915B TRS USD R E RE / Short: 10076915B TRS USD P V 00MOBFR PV OBFR01 +54BPS                          | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |       266 | OU      | $-65.80       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915C TRS USD R E RE / Short: 10076915C TRS USD P V 00MOBFR0 PV OBFR+54BPS                            | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |       948 | OU      | $-234.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915D TRS USD R E RE / Short: 10076915D TRS USD P V 00MOBFR PV OBFR+54BPS                             | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |       258 | OU      | $-64.08       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915E TRS USD R E RE / Short: 10076915E TRS USD P V 00MOBFR PV OBFR+54BPS                             | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      6161 | OU      | $-1566.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915F TRS USD R E RE / Short: 10076915F TRS USD P V 00MOBFR PV OBFR+54BPS                             | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      8554 | OU      | $-2144.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915G TRS USD R E RE / Short: 10076915G TRS USD P V 00MOBFR0 PV OBFR+54BPS                            | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      2436 | OU      | $-578.17      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10076915M TRS USD R E RE / Short: 10076915M TRS USD P V 00MOBFR PV OBFR +54BPS                            | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |     46895 | OU      | $-6481.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                               | Long: 10078586  TRS USD R F   .00000 RF BOND TRS / Short: 10078586  TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: NQQ6HPCNCCU6TUTQYE16 | N/A              | DCR              |  | US        |   3036584 | OU      | $13331.84     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653  TRS USD R F   .00000 RF BOND TRS / Short: 10078653  TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |      7815 | OU      | $88.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653A TRS USD R F   .00000 RF BOND TRS / Short: 10078653A TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |     10746 | OU      | $121.77       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653B TRS USD R F   .00000 RF BOND TRS / Short: 10078653B TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |    485534 | OU      | $5501.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653C TRS USD R F   .00000 RF BOND TRS / Short: 10078653C TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      5929 | OU      | $-0.75        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653D TRS USD R F   .00000 RF BOND TRS / Short: 10078653D TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      5929 | OU      | $-0.75        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653E TRS USD R F   .00000 RF BOND TRS / Short: 10078653E TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    327069 | OU      | $-41.38       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653F TRS USD R F   .00000 RF BOND TRS / Short: 10078653F TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      3960 | OU      | $-8.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653G TRS USD R F   .00000 RF BOND TRS / Short: 10078653G TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      4950 | OU      | $-10.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653H TRS USD R F   .00000 RF BOND TRS / Short: 10078653H TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    282150 | OU      | $-570.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653I TRS USD R F   .00000 RF BOND TRS / Short: 10078653I TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |      7815 | OU      | $88.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653J TRS USD R F   .00000 RF BOND TRS / Short: 10078653J TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |     10746 | OU      | $121.77       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078653K TRS USD R F   .00000 RF BOND TRS / Short: 10078653K TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |    556850 | OU      | $6309.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653L TRS USD R F   .00000 RF BOND TRS / Short: 10078653L TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      3955 | OU      | $-3.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653M TRS USD R F   .00000 RF BOND TRS / Short: 10078653M TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      5932 | OU      | $-4.50        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653N TRS USD R F   .00000 RF BOND TRS / Short: 10078653N TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    281794 | OU      | $-213.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653O TRS USD R F   .00000 RF BOND TRS / Short: 10078653O TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      1980 | OU      | $-4.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653P TRS USD R F   .00000 RF BOND TRS / Short: 10078653P TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |      2970 | OU      | $-6.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078653Q TRS USD R F   .00000 RF BOND TRS / Short: 10078653Q TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    131670 | OU      | $-266.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                               | Long: 10078653R TRS USD R F   .00000 RF BOND TRS / Short: 10078653R TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: NQQ6HPCNCCU6TUTQYE16 | N/A              | DCR              |  | US        |    446559 | OU      | $5060.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Client Holdings Nominee U.K. Ltd.         | Long: 10078653S TRS USD R F   .00000 RF BOND TRS / Short: 10078653S TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 213800YYXTIKF1T47782 | N/A              | DCR              |  | US        |    520552 | OU      | $5898.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Client Holdings Nominee U.K. Ltd.         | Long: 10078653T TRS USD R F   .00000 RF BOND TRS / Short: 10078653T TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 213800YYXTIKF1T47782 | N/A              | DCR              |  | US        |   1213347 | OU      | $13748.94     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                         | Long: 10078586A TRS USD R F   .00000 RF BOND TRS / Short: 10078586A TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCR              |  | US        |    550615 | OU      | $3753.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs & Co. LLC                        | Long: 10076915N TRS USD R E RE / Short: 10076915N TRS USD P V 00MOBFR PV OBFR+54BPS                             | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               |  | US        |     44230 | OU      | $-3945.68     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                               | Long: 10078586B TRS USD R F   .00000 RF LOAN TRS / Short: 10078586B TRS USD P V 00MSOFR PV SOFRRATE +110 BPS    | CUSIP: 000000000<br>LEI: NQQ6HPCNCCU6TUTQYE16 | N/A              | DCR              |  | US        |     94788 | OU      | $416.16       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078586C TRS USD R F   .00000 RF LOAN TRS / Short: 10078586C TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |    148102 | OU      | $650.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Client Holdings Nominee U.K. Ltd.         | Long: 10078930  TRS USD R F   .00000 RF LOAN TRS / Short: 10078930  TRS USD P V 01MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 213800YYXTIKF1T47782 | N/A              | DCR              |  | US        |    333975 | OU      | $16198.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                    | Long: 10078586D TRS USD R F  8.17078 RF BOND TRS / Short: 10078586D TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | US        |     43875 | OU      | $752.18       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078586E TRS USD R F   .00000 RF LOAN TRS / Short: 10078586E TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |    107049 | OU      | $469.99       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                               | Long: 10078586F TRS USD R F   .00000 RF LOAN TRS / Short: 10078586F TRS USD P V 00MSOFR PV SOFRRATE+110BPS      | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DCR              |  | US        |    414685 | OU      | $2827.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                              | Long: 10078586G TRS USD R F   .00000 RF BANK LOAN TRS / Short: 10078586G TRS USD P V 00MSOFR PV SOFRRATE+110BPS | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              |  | US        |    942231 | OU      | $4621.05      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                | Long: B0079118  CDS EUR R V 03MEVENT FLO CCPCDX / Short: B0079118  CDS EUR P F  1.00000 FIX CCPCDX              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    515000 | OU      | $9444.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                        | Long: 10079161  TRS USD R E RE / Short: 10079161  TRS USD P F   .00000 PF + 0BPS                                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCO              |  | US        |    798840 | OU      | $11070.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| JPMorgan Securities LLC                        | Long: 10079162  TRS USD R F   .00000 RF +0BPS / Short: 10079162  TRS USD P E PE                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCO              |  | US        |    489120 | OU      | $-60660.00    | -0.02%            |  |  |  | No            |                  3 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                                                              | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    206448 | NS      | $309597.53    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW WORLD CHINA LAND LTD                       | New World China Land Ltd                                                                                        | CUSIP: 000000000<br>LEI: 549300X7767HIID3YE28 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $186000.00    | 0.07%             | 2027-01-23      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Euro Funding                      | Madison Park Euro Funding VII DAC                                                                               | CUSIP: 000000000<br>LEI: 635400IO9TSS5V8VQS23 | Long             | ABS-CBDO         | CORP              | IE        |    480000 | PA      | $552568.90    | 0.21%             | 2031-05-25      | Floating      | 4.63%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 55342UAL8<br>LEI: N/A                  | Long             | DBT              |  | US        |    200000 | PA      | $231222.41    | 0.09%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE BUENOS AIRE                       | Provincia de Buenos Aires/Government Bonds                                                                      | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    375327 | PA      | $282433.42    | 0.11%             | 2037-09-01      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | US        |    265000 | PA      | $294121.81    | 0.11%             | 2026-10-15      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| Harvest CLO                                    | Harvest CLO XXVII DAC                                                                                           | CUSIP: 000000000<br>LEI: 635400JXBOCTDLNBOU28 | Long             | ABS-CBDO         | CORP              | IE        |    600000 | PA      | $692218.12    | 0.26%             | 2034-07-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                       | Lloyds Banking Group PLC                                                                                        | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $274316.19    | 0.10%             | 2028-03-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                   | Barclays PLC                                                                                                    | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $278196.99    | 0.10%             | 2028-09-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                                                       | CUSIP: 000000000<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    110000 | PA      | $129149.85    | 0.05%             | 2030-12-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ADLER PELZER HLDG GMBH                         | Adler Pelzer Holding GmbH                                                                                       | CUSIP: 000000000<br>LEI: 984500950ABB2CB7E742 | Long             | DBT              | CORP              | DE        |    340000 | PA      | $358146.66    | 0.14%             | 2027-04-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                                                              | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $90796.34     | 0.03%             | 2033-04-30      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                                                               | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Short            | DBT              | CORP              | GB        |   -125000 | PA      | $-135209.91   | -0.05%            | 2029-04-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                             | Ardonagh Finco Ltd                                                                                              | CUSIP: 000000000<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    115000 | PA      | $131406.13    | 0.05%             | 2031-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS SA                                     | Grifols SA                                                                                                      | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    150000 | PA      | $178915.21    | 0.07%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ALEXANDRITE MONNET UK                          | Alexandrite Monnet UK Holdco PLC                                                                                | CUSIP: 000000000<br>LEI: 254900UEO4639PJFQ079 | Long             | DBT              |  | GB        |    995000 | PA      | $1209483.64   | 0.46%             | 2029-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                               | Deutsche Bank AG                                                                                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $484980.88    | 0.18%             | 2029-10-30      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                                                                   | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117390.46    | 0.04%             | 2030-02-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                        | INEOS Quattro Finance 2 Plc                                                                                     | CUSIP: 000000000<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $89186.56     | 0.03%             | 2030-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                                                                   | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    160000 | PA      | $184706.71    | 0.07%             | 2030-02-21      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                               | Deutsche Bank AG                                                                                                | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $239126.92    | 0.09%             | 2031-10-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CVC Cordatus Opportunity Loan Fund DAC         | CVC Cordatus Opportunity Loan Fund-R DAC                                                                        | CUSIP: 000000000<br>LEI: 635400C8SJP8XE4FXA57 | Long             | ABS-CBDO         | CORP              | IE        |    510000 | PA      | $590871.26    | 0.22%             | 2033-08-15      | Floating      | 4.08%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square European Loan Funding 2020-1 DAC | Palmer Square European Loan Funding 2024-1 DAC                                                                  | CUSIP: 000000000<br>LEI: 254900S9D49Z2X16W073 | Long             | ABS-CBDO         | CORP              | IE        |    675000 | PA      | $782169.68    | 0.29%             | 2033-08-15      | Floating      | 4.03%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square European Loan Funding 2020-1 DAC | Palmer Square European Loan Funding 2025-2 DAC                                                                  | CUSIP: 000000000<br>LEI: 254900595EZPT26ANZ17 | Long             | ABS-CBDO         | CORP              | IE        |    505000 | PA      | $585875.74    | 0.22%             | 2035-02-15      | Floating      | 4.48%                 | Yes           |                  2 | On Loan: No      |
| JERROLD FINCO PLC                              | Jerrold Finco PLC                                                                                               | CUSIP: 000000000<br>LEI: 213800F7AYNHLL1BPR31 | Long             | DBT              | CORP              | GB        |    135000 | PA      | $175369.65    | 0.07%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                         | Discovery Global Holdings Inc                                                                                   | CUSIP: 000000000<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107626.99    | 0.04%             | 2033-05-17      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Toro European CLO                              | Toro European CLO 7 DAC                                                                                         | CUSIP: 000000000<br>LEI: 635400B4VLIGNRNR9O61 | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $289645.08    | 0.11%             | 2034-02-15      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Contego CLO DAC                                | Contego CLO III BV                                                                                              | CUSIP: 000000000<br>LEI: 724500XA96HF0GU8WL83 | Long             | ABS-CBDO         | CORP              | NL        |    505000 | PA      | $584645.88    | 0.22%             | 2038-04-15      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Contego CLO DAC                                | Contego CLO III BV                                                                                              | CUSIP: 000000000<br>LEI: 724500XA96HF0GU8WL83 | Long             | ABS-CBDO         | CORP              | NL        |    505000 | PA      | $580412.27    | 0.22%             | 2038-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                              | BARCLAYS BANK PLC                                                                                               | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |   1390000 | PA      | $1379297.00   | 0.52%             | 2033-08-31      | Floating      | 11.13%                | No            |                  3 | On Loan: No      |
| BOOTS PREF                                     | BOOTS PREF                                                                                                      | CUSIP: 000000000<br>LEI: 549300RPTUOIXG4LIH86 | N/A              | DE               |  | JE        |     25422 | NS      | $417175.02    | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| BOOTS PREF                                     | BOOTS PREF                                                                                                      | CUSIP: 000000000<br>LEI: 549300RPTUOIXG4LIH86 | N/A              | DE               |  | JE        |     40675 | NS      | $1073820.00   | 0.40%             |  |  |  | No            |                  3 | On Loan: No      |
| Providus CLO                                   | Providus CLO V DAC                                                                                              | CUSIP: 000000000<br>LEI: 6354008C72YCMAEWD258 | Long             | ABS-CBDO         | CORP              | IE        |    450000 | PA      | $511482.79    | 0.19%             | 2039-11-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| BAWAG PSK BANK FUR ARBEIT UND                  | BAWAG PSK BANK FUR ARBEIT UND                                                                                   | CUSIP: 000000000<br>LEI: 529900ICA8XQYGIKR372 | Long             | ABS-O            | CORP              | AT        |    285000 | PA      | $328577.30    | 0.12%             | 2035-11-05      | Floating      | 7.92%                 | No            |                  3 | On Loan: No      |
| Braccan Mortgage Funding                       | Braccan Mortgage Funding 2025-2 PLC                                                                             | CUSIP: 000000000<br>LEI: 213800WUDDAGMT94UJ09 | Long             | ABS-MBS          | CORP              | GB        |    100000 | PA      | $132239.12    | 0.05%             | 2068-01-17      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| CS TREASURY MGMT SERVICE                       | CS Treasury Management Services P Ltd                                                                           | CUSIP: 000000000<br>LEI: 254900MLBK4TUEESYL96 | Long             | DBT              | CORP              | VG        |     59000 | PA      | $59147.50     | 0.02%             | 2026-06-05      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CELSA OPCO SA                                  | Celsa Opco SA                                                                                                   | CUSIP: 000000000<br>LEI: 95980020140005024777 | Long             | DBT              | CORP              | ES        |    290000 | PA      | $332699.35    | 0.13%             | 2030-12-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Nightingale Securities Ltd                     | Nightingale 2025-4 Ltd                                                                                          | CUSIP: 000000000<br>LEI: 213800TCGGOFOSQFPK06 | Long             | ABS-O            | CORP              | JE        |   3225000 | PA      | $4311297.59   | 1.63%             | 2035-01-31      | Floating      | 10.99%                | Yes           |                  3 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentina Bonar Bonds                                                                                           | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    375000 | PA      | $333750.00    | 0.13%             | 2029-11-30      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Margay CLO                                     | Margay Clo II DAC                                                                                               | CUSIP: 000000000<br>LEI: 6354007NKGZO2MMYSU96 | Long             | ABS-CBDO         | CORP              | IE        |    305000 | PA      | $353697.68    | 0.13%             | 2037-07-15      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| Fair Oaks Loan Funding                         | Fair Oaks Loan Funding V DAC                                                                                    | CUSIP: 000000000<br>LEI: 635400J2KSVTMKKAYN71 | Long             | ABS-CBDO         | CORP              | IE        |    305000 | PA      | $350842.15    | 0.13%             | 2036-10-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| NIGHTINGALE 2026 1 LIMITED                     | NIGHTINGALE 2026 1 LIMITED                                                                                      | CUSIP: 000000000<br>LEI: 2138007N4ID9TPS1E406 | Long             | ABS-O            | CORP              | GB        |   1150000 | PA      | $1522140.53   | 0.57%             | 2035-03-31      | None          | 10.73%                | No            |                  3 | On Loan: No      |
| Lanebrook Mortgage Transaction                 | Lanebrook Mortgage Transaction 2024-1 PLC                                                                       | CUSIP: 000000000<br>LEI: 635400BMFIJ9ARSOLL61 | Long             | ABS-O            | CORP              | GB        |    165000 | PA      | $219464.21    | 0.08%             | 2061-03-15      | Floating      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Eurex Deutschland                              | EURO STOXX BANK JUN26                                                                                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |        -8 | NC      | $1728.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                                                              | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $44735.05     | 0.02%             | 2039-09-28      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                       | Brazil Notas do Tesouro Nacional Serie B                                                                        | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    196000 | PA      | $165278.65    | 0.06%             | 2030-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AI Silk Midco Limited                          | AI Silk Midco Limited EUR Term Loan B                                                                           | CUSIP: 000000000<br>LEI: 2549000T8VLBGUZY6O80 | Long             | LON              | CORP              | GG        |    420000 | PA      | $440552.31    | 0.17%             | 2031-03-04      | Floating      | 7.13%                 | No            |                  3 | On Loan: No      |
| Azurite Intermediate Holdings Inc              | Azurite Intermediate Holdings Inc Delayed Draw Term Loan                                                        | CUSIP: 000000000<br>LEI: 254900UGT2X0XIBADB28 | Long             | LON              | CORP              | US        |   1875000 | PA      | $1851937.50   | 0.70%             | 2031-03-19      | Floating      | 9.67%                 | No            |                  3 | On Loan: No      |
| Azurite Intermediate Holdings Inc              | Azurite Intermediate Holdings Inc Term Loan                                                                     | CUSIP: 000000000<br>LEI: 254900UGT2X0XIBADB28 | Long             | LON              | CORP              | US        |    825000 | PA      | $814852.50    | 0.31%             | 2031-03-19      | Floating      | 9.67%                 | No            |                  3 | On Loan: No      |
| Tricentis Operations Holdings Inc              | Tricentis Operations Holdings Inc Revolver                                                                      | CUSIP: 000000000<br>LEI: 2549007KVFTPANTGTG23 | Long             | LON              | CORP              | US        |    535754 | PA      | $521878.24    | 0.20%             | 2032-02-11      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| Tricentis Operations Holdings Inc              | Tricentis Operations Holdings Inc Delayed Draw Term Loan                                                        | CUSIP: 000000000<br>LEI: 2549007KVFTPANTGTG23 | Long             | LON              | CORP              | US        |    857207 | PA      | $830462.00    | 0.31%             | 2032-02-11      | Fixed         | 1.00%                 | No            |                  3 | On Loan: No      |
| Tricentis Operations Holdings Inc              | Tricentis Operations Holdings Inc PIK Term Loan                                                                 | CUSIP: 000000000<br>LEI: 2549007KVFTPANTGTG23 | Long             | LON              | CORP              | US        |   4502442 | PA      | $4361965.38   | 1.64%             | 2032-02-11      | Floating      | 6.39%                 | No            |                  3 | On Loan: No      |
| MSGN HOLDINGS LP                               | MSGN Holdings LP Term Loan                                                                                      | CUSIP: 000000000<br>LEI: 54930058MZR87X6O6D52 | Long             | LON              | CORP              | US        |     78564 | PA      | $75421.08     | 0.03%             | 2029-12-31      | Floating      | 8.77%                 | No            |                  2 | On Loan: No      |
| Constellation Automotive Limited               | Constellation Automotive Limited 2025 GBP Term Loan B1                                                          | CUSIP: 000000000<br>LEI: 213800XQDK86MM9NB619 | Long             | LON              | CORP              | GB        |   4200000 | PA      | $5554674.63   | 2.09%             | 2031-03-21      | Floating      | 9.97%                 | No            |                  3 | On Loan: No      |
| Constellation Automotive Limited               | Constellation Automotive Limited 2025 EUR Term Loan B                                                           | CUSIP: 000000000<br>LEI: 213800XQDK86MM9NB619 | Long             | LON              | CORP              | GB        |   1670000 | PA      | $1934323.43   | 0.73%             | 2031-04-03      | Floating      | 8.37%                 | No            |                  3 | On Loan: No      |
| Boots Group Bidco Ltd                          | Boots Group Bidco Ltd GBP Term Loan B                                                                           | CUSIP: 000000000<br>LEI: 254900Q2CMXV6QWMW891 | Long             | LON              | CORP              | GB        |    505000 | PA      | $670182.86    | 0.25%             | 2032-08-30      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Evraz Inc NA Canada                            | Evraz Inc NA Canada Term Loan                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   1557098 | PA      | $1497927.80   | 0.56%             | 2031-07-31      | Floating      | 10.67%                | No            |                  3 | On Loan: No      |
| IRON OAK ENERGY SOLUTIONS LLC                  | Iron Oak Energy Solutions LLC Additional Facility                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2207320 | PA      | $2147722.36   | 0.81%             | 2030-08-08      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| 1578 Lex JV LLC                                | 1578 Lex JV LLC PIK Fixed Delayed Draw Term Loan                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1390569 | PA      | $1380696.17   | 0.52%             | 2029-01-31      | Fixed         | 14.00%                | No            |                  3 | On Loan: No      |
| Dentalcorp Health Services Ltd.                | Dentalcorp Health Services Ltd CAD Term Loan                                                                    | CUSIP: 000000000<br>LEI: 894500QEMGMRG67KP804 | Long             | LON              | CORP              | CA        |   1491138 | PA      | $1061408.04   | 0.40%             | 2033-01-14      | Floating      | 7.31%                 | No            |                  3 | On Loan: No      |
| Dentalcorp Health Services Ltd.                | Dentalcorp Health Services Ltd CAD Delayed Draw Term Loan                                                       | CUSIP: 000000000<br>LEI: 894500QEMGMRG67KP804 | Long             | LON              | CORP              | CA        |    277605 | PA      | $197602.57    | 0.07%             | 2033-01-14      | Variable      | 7.27%                 | No            |                  3 | On Loan: No      |
| Dentalcorp Health Services Ltd.                | Dentalcorp Health Services Ltd CAD Revolver                                                                     | CUSIP: 000000000<br>LEI: 894500QEMGMRG67KP804 | Long             | LON              | CORP              | CA        |    198290 | PA      | $141144.68    | 0.05%             | 2033-01-14      | Floating      | 5.00%                 | No            |                  3 | On Loan: No      |
| CP Iris HoldCo I Inc                           | CP Iris HoldCo I Inc 2025 Delayed Draw Term Loan                                                                | CUSIP: 000000000<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |      7286 | PA      | $7249.32      | 0.00%             | 2032-10-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CP Iris HoldCo I Inc                           | CP Iris HoldCo I Inc 2025 Term Loan                                                                             | CUSIP: 000000000<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |    247714 | PA      | $246476.96    | 0.09%             | 2032-10-27      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| CAB FINANCE SARL                               | CAB Finance Sarl EUR Term Loan                                                                                  | CUSIP: 000000000<br>LEI: 529900IHXFKMQE14P582 | Long             | LON              | CORP              | LU        |   3357042 | PA      | $3884118.55   | 1.46%             | 2032-04-24      | Floating      | 12.22%                | No            |                  3 | On Loan: No      |
| CP Iris HoldCo I, Inc.                         | CP Iris HoldCo I Inc 2025 2nd Lien Term Loan                                                                    | CUSIP: 000000000<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |   1455000 | PA      | $1440450.00   | 0.54%             | 2033-10-27      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| PURFLUX HOLDING SA RL                          | Purflux Holding Sa rl EUR Term Loan                                                                             | CUSIP: 000000000<br>LEI: 9845001FEBCDF88V2C10 | Long             | LON              | CORP              | LU        |   3535000 | PA      | $3990728.35   | 1.50%             | 2030-10-31      | Floating      | 8.45%                 | No            |                  3 | On Loan: No      |
| VCI ASSET HOLDINGS 1 LLC                       | VCI Asset Holdings 1 LLC Fixed Term Loan                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4009250 | PA      | $4304952.23   | 1.62%             | 2030-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PREMIUM PARENT LLC                             | Premium Parent LLC Term Loan                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5524744 | PA      | $5469496.13   | 2.06%             | 2032-11-25      | Floating      | 10.18%                | No            |                  3 | On Loan: No      |
| PREMIUM PARENT LLC                             | Premium Parent LLC Revolver                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    823256 | PA      | $815270.84    | 0.31%             | 2032-11-25      | Floating      | 10.18%                | No            |                  3 | On Loan: No      |
| FIESTA DEL NORTE FUNDCO GT LLC                 | Fiesta Del Norte Fundco GT LLC Fixed Term Loan                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    557395 | PA      | $557395.00    | 0.21%             | 2030-12-09      | Fixed         | 12.50%                | No            |                  3 | On Loan: No      |
| CELSA LUXCO 2                                  | CELSA LUXCO 2 EUR PIK TERM LOAN A                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    519754 | PA      | $617278.32    | 0.23%             | 2031-06-10      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| 470 KENT AVE MEZZ II LLC                       | 470 Kent AVE MEZZ II LLC Delayed Draw Term Loan                                                                 | CUSIP: 000000000<br>LEI: 2549008ERZVMABXAH428 | Long             | LON              | CORP              | US        |   1517000 | PA      | $1503953.80   | 0.57%             | 2029-06-15      | Floating      | 11.30%                | No            |                  3 | On Loan: No      |
| KP PR VENTURE PARTNERS LLC                     | KP PR Venture Partners LLC Fixed Term Loan                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1529472 | PA      | $1511424.23   | 0.57%             | 2030-03-31      | Fixed         | 14.00%                | No            |                  3 | On Loan: No      |
| SUS INTERMEDIATE COMPANY AB                    | SUS Intermediate Company AB Term Loan B2                                                                        | CUSIP: 000000000<br>LEI: 9845004BBA9D01A61093 | Long             | LON              | CORP              | SE        |   1010000 | PA      | $976367.00    | 0.37%             | 2031-12-19      | Floating      | 8.94%                 | No            |                  3 | On Loan: No      |
| SUS INTERMEDIATE COMPANY AB                    | SUS Intermediate Company AB EUR Term Loan B1                                                                    | CUSIP: 000000000<br>LEI: 9845004BBA9D01A61093 | Long             | LON              | CORP              | SE        |   2045000 | PA      | $2283111.06   | 0.86%             | 2031-12-19      | Floating      | 7.40%                 | No            |                  3 | On Loan: No      |
| SUS INTERMEDIATE COMPANY AB                    | SUS Intermediate Company AB EUR Revolver                                                                        | CUSIP: 000000000<br>LEI: 9845004BBA9D01A61093 | Long             | LON              | CORP              | SE        |    450000 | PA      | $503228.29    | 0.19%             | 2031-06-19      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| SUS INTERMEDIATE COMPANY AB                    | SUS Intermediate Company AB EUR Acquisition Capex Facility                                                      | CUSIP: 000000000<br>LEI: 9845004BBA9D01A61093 | Long             | LON              | CORP              | SE        |    900000 | PA      | $1004792.16   | 0.38%             | 2031-12-19      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| SAGE INTRACOASTAL RESIDENCES                   | Sage Intracoastal Residences Delayed Draw Term Loan                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    666000 | PA      | $657941.40    | 0.25%             | 2028-11-18      | Floating      | 12.95%                | No            |                  3 | On Loan: No      |
| HOT TOPIC INC                                  | Hot Topic Inc Term Loan                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3250000 | PA      | $3187275.00   | 1.20%             | 2030-12-31      | Floating      | 10.45%                | No            |                  3 | On Loan: No      |
| SAKS Global Enterprises LLC                    | SAKS Global Enterprises LLC DIP First Out Interim Delayed Draw Term Loan                                        | CUSIP: 81881KAB5<br>LEI: 5493007HQSJGRH78Q684 | Long             | LON              | CORP              | US        |   2088703 | PA      | $1975912.81   | 0.75%             | 2026-07-15      | Floating      | 14.68%                | No            |                  2 | On Loan: No      |
| GEMINI FUNDCO GT LLC                           | Gemini Fundco GT LLC Term Loan                                                                                  | CUSIP: 000000000<br>LEI: 254900GBN2V33HKLXO71 | Long             | LON              | CORP              | US        |     98565 | PA      | $98565.00     | 0.04%             | 2031-01-22      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| VCI ASSET HOLDINGS 2 LLC                       | VCI Asset Holdings 2 LLC Fixed Term Loan                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1166478 | PA      | $1201472.34   | 0.45%             | 2031-02-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OAKFIELD LAKES FUNDCO GT LLC                   | Oakfield Lakes Fundco GT LLC Fixed Term Loan                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    131050 | PA      | $131049.83    | 0.05%             | 2027-11-30      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| SHORECREST RESIDENCES WPB                      | Shorecrest Residences WPB Delayed Draw Term Loan                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    804000 | PA      | $787759.20    | 0.30%             | 2029-03-10      | Floating      | 10.88%                | No            |                  3 | On Loan: No      |
| BRIDLE CREEK FUNDCO GT LLC                     | Bridle Creek Fundco GT LLC Fixed Term Loan                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    278049 | PA      | $278049.00    | 0.10%             | 2029-02-28      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| ARBOR TRAILS FUNDCO GT LLC                     | ARBOR TRAILS FUNDCO GT LLC TERM LOAN                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    152796 | PA      | $152796.00    | 0.06%             | 2027-11-30      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| INDIAN SPRINGS FUNDCO GT LLC                   | INDIAN SPRINGS FUNDCO GT LLC FIXED TERM LOAN                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     80906 | PA      | $80906.00     | 0.03%             | 2031-03-10      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| MEDIAN B V                                     | MEDIAN B V 2026 GBP TERM LOAN B                                                                                 | CUSIP: 000000000<br>LEI: 724500RPUQI0L3Z5NX16 | Long             | LON              | CORP              | NL        |    905000 | PA      | $1153363.97   | 0.43%             | 2030-10-14      | Floating      | 9.84%                 | No            |                  2 | On Loan: No      |
| NORTHSPUR FUNDCO GT LLC                        | NORTHSPUR FUNDCO GT LLC FIXED TERM LOAN                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    200044 | PA      | $200044.00    | 0.08%             | 2028-01-31      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| OAKFIELD TRAILS FUNDCO GT LLC                  | OAKFIELD TRAILS FUNDCO GT LLC FIXED TERM LOAN                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     54133 | PA      | $54133.00     | 0.02%             | 2028-02-29      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| PACSUN LLC                                     | PACSUN LLC TERM LOAN                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3511000 | PA      | $3440780.00   | 1.30%             | 2031-03-31      | Floating      | 10.44%                | No            |                  3 | On Loan: No      |
| SOUTH WIND FUNDCO GT LLC                       | SOUTH WIND FUNDCO GT LLC FIXED TERM LOAN                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    145858 | PA      | $145858.00    | 0.06%             | 2031-03-26      | Fixed         | 10.75%                | No            |                  3 | On Loan: No      |
| ABN AMRO Bank NV                               | ABN AMRO Bank NV                                                                                                | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | EC               | CORP              | NL        |      6670 | NS      | $209005.11    | 0.08%             |  |  |  | Yes           |                  1 | On Loan: No      |
| BAWAG Group AG                                 | BAWAG Group AG                                                                                                  | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |      1582 | NS      | $236797.88    | 0.09%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Bausch & Lomb Corporation                      | Bausch & Lomb Corporation 2025 Repriced Term Loan                                                               | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    352912 | PA      | $354125.80    | 0.13%             | 2031-01-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc                    | Bausch Health Companies Inc 2025 Term Loan B                                                                    | CUSIP: 000000000<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | LON              | CORP              | CA        |   1154521 | PA      | $1117316.10   | 0.42%             | 2030-10-08      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| Delivery Hero SE                               | Delivery Hero SE 2024 USD Term Loan B                                                                           | CUSIP: 000000000<br>LEI: 529900KR9IO53KSCSQ67 | Long             | LON              | CORP              | US        |    298201 | PA      | $293635.84    | 0.11%             | 2029-12-12      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| SCUR-Alpha 1503 GmbH                           | SCUR-Alpha 1503 GmbH USD Term Loan B1                                                                           | CUSIP: 000000000<br>LEI: 254900GAG6U7Z5TROP43 | Long             | LON              | CORP              | DE        |    461521 | PA      | $406140.99    | 0.15%             | 2030-03-29      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Rohm Holding GmbH                              | Rohm Holding GmbH 2024 USD PIK Term Loan B                                                                      | CUSIP: 000000000<br>LEI: 529900TDB6090VCVJG31 | Long             | LON              | CORP              | DE        |    106138 | PA      | $97488.07     | 0.04%             | 2029-01-31      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Cineworld Group PLC                            | Cineworld Group PLC                                                                                             | CUSIP: 000000000<br>LEI: 213800J2J3TOOI176M73 | Long             | EC               | CORP              | GB        |     21305 | NS      | $380443.39    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Jazz Pharmaceuticals PLC                       | Jazz Pharmaceuticals PLC                                                                                        | CUSIP: 000000000<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |      1651 | NS      | $312121.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd             | Norwegian Cruise Line Holdings Ltd                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     18396 | NS      | $344005.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Energy Finance SA                 | Consolidated Energy Finance SA 2024 Term Loan B                                                                 | CUSIP: 000000000<br>LEI: 549300PUNIS0USNSL750 | Long             | LON              | CORP              | LU        |    511504 | PA      | $492141.01    | 0.19%             | 2030-11-15      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| Elastic NV                                     | Elastic NV                                                                                                      | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | NL        |      4589 | NS      | $229404.11    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** GoldenTree Opportunistic Credit Fund

**Signature:** Wei Zhong

**Name of Signer:** Wei Zhong

**Title:** Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer