# EDGAR Filing Document

**Accession Number:** 0001521404
**File Stem:** 0001145549-25-057171
**Filing Date:** 2025-8
**Character Count:** 108508
**Document Hash:** 4d52264128ddaabc619393228898fdf9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057171.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057171

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARINGS GLOBAL SHORT DURATION HIGH YIELD FUND
- **CENTRAL INDEX KEY:** 0001521404

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22562
- **FILM NUMBER:** 251278851

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BARINGS LLC
- **STREET 2:** 300 SOUTH TRYON STREET, SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-805-7200

**MAIL ADDRESS:**
- **STREET 1:** C/O BARINGS LLC
- **STREET 2:** 300 SOUTH TRYON STREET, SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BABSON CAPITAL GLOBAL SHORT DURATION HIGH YIELD FUND
- **DATE OF NAME CHANGE:** 20120615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BABSON CAPITAL GLOBAL FLOATING RATE & INCOME FUND
- **DATE OF NAME CHANGE:** 20110520

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Barings Global Short Duration High Yield Fund

- **b. Investment Company Act file number:** 811-22562

- **c. CIK number of Registrant:** 0001521404

- **d. LEI of Registrant:** 549300WWIZCL845OP089

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

  - **Street Address 1:** 300 South Tryon Street

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28202

  - **Telephone number:** 704-347-6798

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

- **a. Name of Series:** Barings Global Short Duration High Yield Fund

- **c. LEI of Series:** 549300WWIZCL845OP089

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $449896480.87

**Total Liabilities:** $132244414.76

**Net Assets:** $317652066.11

**Delayed Delivery Securities:** $2266000.00

**Cash Not Reported:** $10930230.09

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 10.020000000000 | **5-Year:** 3535.860000000000 | **10-Year:** 1930.850000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 130.420000000000 | **1-Year:** 3292.820000000000 | **5-Year:** 78031.560000000000 | **10-Year:** 35894.980000000000 | **30-Year:** 196.220000000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -4.62%               | 4.34%                | 4.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-70828.15               | $-2373271.65                               |
| Month 2  | $-112194.60              | $5564452.76                                |
| Month 3  | $623967.54               | $6525144.07                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                               | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1345000.00   | 0.42%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                           | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3395201 | PA      | $3895169.06   | 1.23%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                           | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    550000 | PA      | $497750.00    | 0.16%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                            | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   2140000 | PA      | $2314234.52   | 0.73%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                            | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3057000 | PA      | $3371412.45   | 1.06%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                            | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3407000 | PA      | $3498702.81   | 1.10%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD                       | Macquarie Airfinance Holdings Ltd                               | CUSIP: 55609NAB4<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    281000 | PA      | $293922.91    | 0.09%             | 2029-03-30      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                       | Madison Park Funding XXXV Ltd                                   | CUSIP: 55819LAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1400722.40   | 0.44%             | 2032-04-20      | Floating      | 10.63%                | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                           | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1006000 | PA      | $1004267.67   | 0.32%             | 2026-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                           | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1327000 | PA      | $1317695.74   | 0.41%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                           | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5197000 | PA      | $5283119.49   | 1.66%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MARCOLIN SPA                                   | Marcolin SpA                                                    | CUSIP: BP5513828<br>LEI: 815600C8D55034EB5379 | Long             | DBT              | CORP              | IT        |    475000 | PA      | $559564.25    | 0.18%             | 2026-11-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                        | Monitchem HoldCo 3 SA                                           | CUSIP: ZK2435533<br>LEI: 222100SJHJ1CNJMSW162 | Long             | DBT              | CORP              | LU        |    605000 | PA      | $720050.64    | 0.23%             | 2028-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                        | Monitchem HoldCo 3 SA                                           | CUSIP: ZK2435541<br>LEI: 222100SJHJ1CNJMSW162 | Long             | DBT              | CORP              | LU        |    115000 | PA      | $133593.29    | 0.04%             | 2028-05-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| MANGROVE LUXCO III                             | Mangrove Luxco III Sarl                                         | CUSIP: YW1323297<br>LEI: 549300GLJSZN1PU7T586 | Long             | DBT              | CORP              | LU        |    850000 | PA      | $1007644.78   | 0.32%             | 2029-07-15      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| MAISON FINCO PLC                               | Maison Finco PLC                                                | CUSIP: BR7701559<br>LEI: 9845007743J958DAS530 | Long             | DBT              | CORP              | GB        |   1791000 | PA      | $2427504.17   | 0.76%             | 2027-10-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MOTEL ONE GMBH/MUENCHEN                        | Motel One GmbH/Muenchen                                         | CUSIP: ZB7231093<br>LEI: 529900OZ5000U0NZHM90 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1262509.28   | 0.40%             | 2031-04-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MIDWEST PHYSICIAN ADMINS                       | Midwest Physician Administrative Services LLC                   | CUSIP: 59835XAC8<br>LEI: 5493001F7B0DCPKBGK48 | Long             | LON              | CORP              | US        |    865745 | PA      | $803697.47    | 0.25%             | 2028-03-13      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| MEDICAL SOLUTIONS HOLDIN                       | Medical Solutions Holdings Inc                                  | CUSIP: 58462QAM3<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |   1473684 | PA      | $621408.42    | 0.20%             | 2029-11-01      | Floating      | 11.38%                | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                   | MH Sub I LLC                                                    | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1400859 | PA      | $1312870.70   | 0.41%             | 2028-05-03      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| MAGENTA SECURITY HOLDING                       | Magenta Security Holdings LLC                                   | CUSIP: 55909UAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     21146 | PA      | $9737.70      | 0.00%             | 2028-07-27      | Floating      | 11.54%                | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                            | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |    869994 | PA      | $859798.16    | 0.27%             | 2031-05-19      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| LSF12 CROWN US COMMERCIA                       | Lsf12 Crown US Commercial Bidco LLC                             | CUSIP: 50221UAC5<br>LEI: 254900FI2OCFTJ9PAJ18 | Long             | LON              | CORP              | US        |   2159821 | PA      | $2169281.01   | 0.68%             | 2031-12-02      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| LEARFIELD COMMUNICATIONS                       | Learfield Communications LLC                                    | CUSIP: 00165HAL7<br>LEI: 549300177GK4LMS8T214 | Long             | LON              | CORP              | US        |   3439479 | PA      | $3459256.22   | 1.09%             | 2028-06-30      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                   | MH Sub I LLC                                                    | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   2943088 | PA      | $2550686.28   | 0.80%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| NEOGEN FOOD SAFE CORP                          | Neogen Food Safety Corp                                         | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2636000 | PA      | $2725539.65   | 0.86%             | 2030-07-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                          | NGL Energy Operating LLC / NGL Energy Finance Corp              | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    621000 | PA      | $627377.67    | 0.20%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                          | NGL Energy Operating LLC / NGL Energy Finance Corp              | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2274000 | PA      | $2280872.78   | 0.72%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                           | Neptune Bidco US Inc                                            | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $967880.69    | 0.30%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS                             | New Flyer Holdings Inc                                          | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $210864.90    | 0.07%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE                            | New Home Co Inc/The                                             | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   1369000 | PA      | $1419739.25   | 0.45%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                               | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    583000 | PA      | $612249.99    | 0.19%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEOPHARMED GENTILI SPA                         | Neopharmed Gentili SPA                                          | CUSIP: ZB0008787<br>LEI: 815600C8FD3DCB866E50 | Long             | DBT              | CORP              | IT        |    230000 | PA      | $283815.25    | 0.09%             | 2030-04-08      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MOTION FINCO SARL                              | Motion Finco Sarl                                               | CUSIP: ZK7502360<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |    155000 | PA      | $171217.00    | 0.05%             | 2030-06-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| N/A                                            | EUR/USD FWD 20250715                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-1454152.32  | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                            | GBP/USD FWD 20250715                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-316166.85   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| NIC ACQUISITION CORP                           | NIC Acquisition Corp                                            | CUSIP: 12656UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    908797 | PA      | $790653.76    | 0.25%             | 2027-12-29      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| NAPA MANAGEMENT SERVICES                       | NAPA Management Services Corp                                   | CUSIP: 63035HAC3<br>LEI: 549300C5SN85QZ48R870 | Long             | LON              | CORP              | US        |   1271722 | PA      | $1016742.03   | 0.32%             | 2029-02-23      | Floating      | 9.68%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                           | Neptune Bidco US Inc                                            | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |   1809657 | PA      | $1707212.25   | 0.54%             | 2029-04-11      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY OPERATING LLC                       | NGL Energy Operating LLC                                        | CUSIP: 62922KAF7<br>LEI: 5493008CQD36WWZJ3O79 | Long             | LON              | CORP              | US        |   1365282 | PA      | $1352844.13   | 0.43%             | 2031-02-03      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                           | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    118000 | PA      | $103250.00    | 0.03%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| BCPE FLAVOR DEBT/ISSUER                        | BCPE Flavor Debt Merger Sub LLC and BCPE Flavor Issuer Inc      | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    671000 | PA      | $685556.00    | 0.22%             | 2032-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE LTD                         | C&W Senior Finance Ltd                                          | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |   1988000 | PA      | $2035960.50   | 0.64%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                         | Canyon Capital CLO 2022-2 Ltd                                   | CUSIP: 13877MAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1175000 | PA      | $1162926.88   | 0.37%             | 2038-04-15      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                         | Canyon Capital CLO 2019-2 Ltd                                   | CUSIP: 13887VAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $975491.00    | 0.31%             | 2034-10-15      | Floating      | 10.26%                | No            |                  2 | On Loan: No      |
| Carbone CLO, LTD                               | Carbone Clo Ltd                                                 | CUSIP: 141308AA4<br>LEI: 5493005I53NEC017LN87 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $747687.00    | 0.24%             | 2031-01-20      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                         | Carriage Purchaser Inc                                          | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7106000 | PA      | $6316294.59   | 1.99%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                            | Sound Point CLO XXVII Ltd                                       | CUSIP: 83613KAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1301697.60   | 0.41%             | 2034-10-25      | Floating      | 11.10%                | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                          | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   2577000 | PA      | $2842010.95   | 0.89%             | 2030-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                    | Staples Inc                                                     | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    939000 | PA      | $892588.61    | 0.28%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| STAPLES INC                                    | Staples Inc                                                     | CUSIP: 855030AS1<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   3055898 | PA      | $2058400.33   | 0.65%             | 2030-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                | Star Parent Inc                                                 | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1051818.79   | 0.33%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                        | Superior Plus LP / Superior General Partner Inc                 | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $961729.80    | 0.30%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                               | Symphony CLO 49 Ltd                                             | CUSIP: 871982AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992305.00    | 0.31%             | 2038-07-20      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| TGS ASA                                        | TGS ASA                                                         | CUSIP: 87243KAA7<br>LEI: 549300NUPLAXPB0WYH90 | Long             | DBT              | CORP              | NO        |    860000 | PA      | $887505.14    | 0.28%             | 2030-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                        | Talen Energy Supply LLC                                         | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   3837000 | PA      | $4109830.46   | 1.29%             | 2030-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                       | Team Health Holdings Inc                                        | CUSIP: 87817AAB3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |   3007172 | PA      | $3255264.23   | 1.02%             | 2028-06-30      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                    | Wayfair LLC                                                     | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2012158.00   | 0.63%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                   | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   3092000 | PA      | $3183169.94   | 1.00%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| WILSONART LLC                                  | Wilsonart LLC                                                   | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |   2187000 | PA      | $1986724.38   | 0.63%             | 2032-08-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                             | THL Credit Wind River 2017-1 CLO Ltd                            | CUSIP: 97315XAA1<br>LEI: 254900W8N6WOFX1LSH24 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1901184.00   | 0.60%             | 2036-04-18      | Floating      | 11.59%                | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC                       | Windsor Holdings III LLC                                        | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2141324.00   | 0.67%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                       | Windstream Services LLC / Windstream Escrow Finance Corp        | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    431000 | PA      | $451190.20    | 0.14%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                       | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    718000 | PA      | $765782.18    | 0.24%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                       | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    789000 | PA      | $845889.27    | 0.27%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| TRAVELEX FINANCING PLC                         | Travelex Financing PLC                                          | CUSIP: AN3183315<br>LEI: 6354009XFWVZER7G5X35 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $0.00         | 0.00%             | 2022-05-15      | None          | 8.00%                 | No            |                  3 | On Loan: No      |
| TECHEM VERWALTUNGSGES                          | Techem Verwaltungsgesellschaft 674 mbH                          | CUSIP: AT6485367<br>LEI: 549300W2QKB8BC676O97 | Long             | DBT              | CORP              | DE        |    439599 | PA      | $517827.15    | 0.16%             | 2026-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO A SARL                        | Summer BC Holdco A Sarl                                         | CUSIP: ZR9898415<br>LEI: 984500EFA0BRE0008996 | Long             | DBT              | CORP              | LU        |   1666932 | PA      | $1963961.17   | 0.62%             | 2027-10-31      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BCP V MODULAR SERVICES                         | BCP V Modular Services Finance PLC                              | CUSIP: BR7688145<br>LEI: 213800K8U94KVZL98H64 | Long             | DBT              | CORP              | GB        |   1325000 | PA      | $1392448.62   | 0.44%             | 2029-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EUROPE BV                           | Telefonica Europe BV                                            | CUSIP: ZN3747385<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |   1400000 | PA      | $1806121.08   | 0.57%             | 2028-08-23      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                       | CUSIP: ZJ7498448<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    246000 | PA      | $325274.17    | 0.10%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                        | CUSIP: ZH0180542<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    900000 | PA      | $1139936.04   | 0.36%             | 2083-09-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CD&R FIREFLY BIDCO LTD                         | CD&R Firefly Bidco PLC                                          | CUSIP: ZB1483625<br>LEI: 213800OAU5VX61DYZ558 | Long             | DBT              | CORP              | GB        |    547000 | PA      | $771871.29    | 0.24%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                  | CUSIP: ZK9550730<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $882560.21    | 0.28%             | 2083-12-20      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                         | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |   1000000 | PA      | $949200.00    | 0.30%             | 2027-03-09      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                       | Team Health Holdings Inc                                        | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |   1346390 | PA      | $1337759.32   | 0.42%             | 2027-03-02      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| SUMMIT BEHAVIORAL HEALTH                       | Summit Behavioral Healthcare LLC                                | CUSIP: 86602KAF3<br>LEI: 254900QVBD0VL3INID05 | Long             | LON              | CORP              | US        |   1334595 | PA      | $1000946.57   | 0.32%             | 2028-11-24      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                            | Boxer Parent Co Inc                                             | CUSIP: 05988HAL1<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   5505564 | PA      | $5343865.17   | 1.68%             | 2032-07-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| TCP SUNBELT ACQUISITI                          | TCP Sunbelt Acquisition Co                                      | CUSIP: 87233DAB3<br>LEI: 549300P5GYKSLPTV1Y23 | Long             | LON              | CORP              | US        |   3158867 | PA      | $3158866.99   | 0.99%             | 2031-10-24      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| TERRIER MEDIA BUYER INC                        | CMG Media Corp                                                  | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    711788 | PA      | $687864.74    | 0.22%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| X CORP                                         | X Corp                                                          | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1347549 | PA      | $1309372.87   | 0.41%             | 2029-10-29      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| WINTERSHALL DEA FIN 2BV                        | Wintershall Dea Finance 2 BV                                    | CUSIP: YO0411588<br>LEI: 529900DV88FUQZSVVL48 | Long             | DBT              | CORP              | NL        |    884000 | PA      | $1063438.68   | 0.33%             | 2030-05-08      | Variable      | 6.12%                 | No            |                  3 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    286000 | PA      | $228042.10    | 0.07%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   4111000 | PA      | $4357845.00   | 1.37%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                               | CIFC Funding 2020-I Ltd                                         | CUSIP: 12559DAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1905063.50   | 0.60%             | 2036-07-15      | Floating      | 10.77%                | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                          | CMG Media Corp                                                  | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    744000 | PA      | $701018.88    | 0.22%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2723000 | PA      | $2591046.25   | 0.82%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                  | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1914516.80   | 0.60%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                                   | Cimpress PLC                                                    | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    150000 | PA      | $143218.38    | 0.05%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                           | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1483000 | PA      | $1500248.34   | 0.47%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                              | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3337000 | PA      | $3153465.00   | 0.99%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                              | CUSIP: 18453HAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    708000 | PA      | $744683.60    | 0.23%             | 2028-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                        | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   9615000 | PA      | $9955370.13   | 3.13%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                        | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1259000 | PA      | $1339407.29   | 0.42%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                             | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   7423000 | PA      | $7591696.51   | 2.39%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                       | Connect Finco SARL / Connect US Finco LLC                       | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1186000 | PA      | $1192093.67   | 0.38%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                           | Cornerstone Building Brands Inc                                 | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   2188000 | PA      | $2011490.10   | 0.63%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DGL3 LTD                                       | DGL3 Ltd                                                        | CUSIP: 25380WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2500000 | PA      | $0.00         | 0.00%             | 2020-09-30      | None          | 8.25%                 | No            |                  3 | 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        |    588000 | PA      | $570147.32    | 0.18%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                              | DISH Network Corp                                               | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1824465.50   | 0.57%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                   | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1435023.10   | 0.45%             | 2028-07-01      | None          | 7.38%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                   | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   5712000 | PA      | $5875363.20   | 1.85%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                   | Enbridge Inc                                                    | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   3749000 | PA      | $3857046.18   | 1.21%             | 2083-01-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                   | Enbridge Inc                                                    | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1624000 | PA      | $1716629.71   | 0.54%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                           | Fortrea Holdings Inc                                            | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1620263.97   | 0.51%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                         | Full House Resorts Inc                                          | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |   2083000 | PA      | $2024277.11   | 0.64%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3408000 | PA      | $3458561.09   | 1.09%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ESC CB 144A HIGH RIDGE                         | ESC CB 144A HIGH RIDGE                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2982 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SMYRNA READY MIX CONCRET                       | Smyrna Ready Mix Concrete LLC                                   | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   3359000 | PA      | $3522102.96   | 1.11%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                            | Sound Point CLO XVIII Ltd                                       | CUSIP: 83608DAA1<br>LEI: 549300G09B8CGBRMLL31 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1370000.00   | 0.43%             | 2031-01-21      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| TRAVELEX PRIVATE EQ                            | TRAVELEX PRIVATE EQ                                             | CUSIP: 894662CP8<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     16764 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TRAVELEX TOPCO LIMITED WARRANT                 | TRAVELEX TOPCO LIMITED WARRANT                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | GB        |      2218 | NS      | $3044.53      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| COHESITY SERIES G                              | COHESITY SERIES G                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3755 | NS      | $84487.50     | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| COHESITY SERIES G-1                            | COHESITY SERIES G-1                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2595 | NS      | $58387.50     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| VOYAGER PARENT LLC                             | Voyager Parent LLC                                              | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   1987000 | PA      | $2066136.25   | 0.65%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                    | Wayfair LLC                                                     | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    485000 | PA      | $484872.30    | 0.15%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLASS A SHARES                                 | CLASS A SHARES                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |  14621136 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CPUK FINANCE LTD                               | CPUK Finance Ltd                                                | CUSIP: ZO3670353<br>LEI: 6354003CVDDPNXREIR29 | Long             | DBT              | CORP              | JE        |    825000 | PA      | $1124538.91   | 0.35%             | 2026-08-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENGINEERING SPA                                | Engineering - Ingegneria Informatica - SpA                      | CUSIP: YS9976756<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |    470000 | PA      | $563874.92    | 0.18%             | 2030-02-15      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                       | CUSIP: ZK4799381<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1645614.88   | 0.52%             | 2030-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CERVED INFORMATION SOLUT                       | Cerved Group SpA                                                | CUSIP: BU3220813<br>LEI: 8156005E0EF91772E207 | Long             | DBT              | CORP              | IT        |    517000 | PA      | $589081.47    | 0.19%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                         | Cidron Aida Finco Sarl                                          | CUSIP: YQ8307544<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |   1650000 | PA      | $2311051.51   | 0.73%             | 2031-10-27      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                              | CUSIP: ZK7761370<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1489726.12   | 0.47%             | 2086-08-30      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| ENGINEERING SPA                                | Engineering - Ingegneria Informatica - SpA                      | CUSIP: ZK4923866<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |   1485000 | PA      | $1847919.15   | 0.58%             | 2028-05-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                    | CUSIP: YW1363814<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    354000 | PA      | $458200.42    | 0.14%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GALAXY BIDCO LTD                               | Galaxy Bidco Ltd                                                | CUSIP: YT6755995<br>LEI: 2138006O8YW3QCHKDY76 | Long             | DBT              | CORP              | GB        |    630000 | PA      | $880015.00    | 0.28%             | 2029-12-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| EUTELSAT SA                                    | Eutelsat SA                                                     | CUSIP: ZD9999388<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |   1436000 | PA      | $1823396.75   | 0.57%             | 2029-04-13      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CPUK FINANCE LTD                               | CPUK Finance Ltd                                                | CUSIP: ZB9440890<br>LEI: 6354003CVDDPNXREIR29 | Long             | DBT              | CORP              | JE        |    500000 | PA      | $713660.12    | 0.22%             | 2029-08-28      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                       | CUSIP: YQ5187378<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    450000 | PA      | $530742.17    | 0.17%             | 2030-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                    | CUSIP: YW1353120<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    750000 | PA      | $1015984.83   | 0.32%             | 2033-01-24      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                       | Electricite de France SA                                        | CUSIP: ZK9266931<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $676891.80    | 0.21%             | 2033-03-15      | Variable      | 9.12%                 | No            |                  2 | On Loan: No      |
| VISION SOLUTIONS INC                           | Vision Solutions Inc                                            | CUSIP: 70477BAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5791155 | PA      | $5479880.73   | 1.73%             | 2028-04-24      | Floating      | 8.54%                 | No            |                  2 | On Loan: No      |
| FLINT GROUP TOPCO LTD                          | Flint Group Topco Ltd                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | JE        |   1544116 | PA      | $106157.96    | 0.03%             | 2027-12-31      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                       | Trident TPI Holdings Inc                                        | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |   1818665 | PA      | $1784347.05   | 0.56%             | 2028-09-18      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                          | Clover Holdings 2 LLC                                           | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2713806 | PA      | $2714647.50   | 0.85%             | 2031-12-09      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                          | Clover Holdings 2 LLC                                           | CUSIP: 18914DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2738000 | PA      | $2758535.00   | 0.87%             | 2031-12-09      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Sizzling Platter T/L (6/25)                    | Sizzling Platter T/L (6/25)                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1870187 | PA      | $1814081.41   | 0.57%             | 2032-06-25      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| Sizzling Platter Delayed Draw T/L (6/25)       | Sizzling Platter Delayed Draw T/L (6/25)                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    352035 | PA      | $341474.14    | 0.11%             | 2032-06-25      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| TRAVELEX ISSUERCO 2 PLC                        | Travelex Issuerco 2 PLC                                         | CUSIP: BM2401651<br>LEI: 213800X5CA5ZLTI55177 | Long             | DBT              | CORP              | GB        |   3609559 | PA      | $5004192.87   | 1.58%             | 2029-03-31      | Fixed         | 3.01%                 | No            |                  3 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                        | Global Partners LP / GLP Finance Corp                           | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1361000 | PA      | $1430983.98   | 0.45%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO                       | Global Infrastructure Solutions Inc                             | CUSIP: 37960XAB3<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |   6554000 | PA      | $6680210.38   | 2.10%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                       | HLF Financing Sarl LLC / Herbalife International Inc            | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1418000 | PA      | $1543366.80   | 0.49%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                          | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $3448016.31   | 1.09%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                        | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    428000 | PA      | $445914.37    | 0.14%             | 2027-06-15      | Fixed         | 8.00%                 | 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        |   9487000 | PA      | $9276205.50   | 2.92%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                          | KKR CLO 20 Ltd                                                  | CUSIP: 48251VAA4<br>LEI: 549300HJX0LGFQYWTF96 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1476663.00   | 0.46%             | 2030-10-16      | Floating      | 10.02%                | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                          | KKR Clo 34 Ltd                                                  | CUSIP: 48254DAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1957764.00   | 0.62%             | 2034-07-15      | Floating      | 11.37%                | No            |                  2 | On Loan: No      |
| KNIFE RIVER CORP                               | Knife River Corp                                                | CUSIP: 498894AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2107000 | PA      | $2221705.04   | 0.70%             | 2031-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                     | Grifols SA                                                      | CUSIP: YT9448788<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   1090000 | PA      | $1332261.66   | 0.42%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LA DORIA SPA                                   | La Doria SpA                                                    | CUSIP: ZB7505132<br>LEI: 815600857F45E3102897 | Long             | DBT              | CORP              | IT        |    550000 | PA      | $649587.36    | 0.20%             | 2029-11-12      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| GRAND CITY PROP FINANCE                        | Grand City Properties Finance Sarl                              | CUSIP: ZB4289250<br>LEI: 8945006UT2CWIRXJSL95 | Long             | DBT              | CORP              | LU        |    796000 | PA      | $966596.21    | 0.30%             | 2030-01-16      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                            | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    600000 | PA      | $636997.80    | 0.20%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC                              | OneSky Flight LLC                                               | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   1663000 | PA      | $1731650.30   | 0.55%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS                       | Ontario Gaming GTA LP/OTG Co-Issuer Inc                         | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    694000 | PA      | $695845.35    | 0.22%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                   | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   4518000 | PA      | $4636597.50   | 1.46%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                   | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2062390.00   | 0.65%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                          | QXO Building Products Inc                                       | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |   1241000 | PA      | $1277798.13   | 0.40%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                          | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   6978020 | PA      | $6855904.65   | 2.16%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                          | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   3196000 | PA      | $3203990.00   | 1.01%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP/R                        | Railworks Holdings LP / Railworks Rally Inc                     | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2881000 | PA      | $2950614.06   | 0.93%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| RAISING CANE'S RESTAURAN                       | Raising Cane's Restaurants LLC                                  | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |    296000 | PA      | $312363.77    | 0.10%             | 2029-05-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                         | Sable International Finance Ltd                                 | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |   1272000 | PA      | $1275220.70   | 0.40%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ROSSINI SARL                                   | Rossini Sarl                                                    | CUSIP: YW2572348<br>LEI: 549300EC5JCCW6F83R11 | Long             | DBT              | CORP              | LU        |    424268 | PA      | $504607.81    | 0.16%             | 2029-12-31      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    291352 | PA      | $285732.05    | 0.09%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    249648 | PA      | $244832.06    | 0.08%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                    | Vibrantz Technologies Inc                                       | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |   2188419 | PA      | $1906354.01   | 0.60%             | 2029-04-23      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| PRETIUM PKG HOLDINGS INC                       | Pretium PKG Holdings Inc                                        | CUSIP: 74142KAH2<br>LEI: 254900S6SXME9YWLU075 | Long             | LON              | CORP              | US        |   2770637 | PA      | $430834.04    | 0.14%             | 2029-10-01      | Floating      | 11.31%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78571YBJ8<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    556328 | PA      | $550764.72    | 0.17%             | 2028-06-30      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    808972 | PA      | $805332.12    | 0.25%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                          | CUSIP: 75041EAN2<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |   2147257 | PA      | $2128468.48   | 0.67%             | 2032-06-30      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                  | CUSIP: 20914UAE6<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    492000 | PA      | $477431.88    | 0.15%             | 2026-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                  | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   6020000 | PA      | $5161491.41   | 1.62%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                  | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    447000 | PA      | $439299.05    | 0.14%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| VIBRANTZ TECH INC                              | Vibrantz Technologies Inc                                       | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |   4491000 | PA      | $3025576.10   | 0.95%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                       | Trident TPI Holdings Inc                                        | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   3428000 | PA      | $3636275.00   | 1.14%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                              | Triumph Group Inc                                               | CUSIP: 896818AU5<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    709000 | PA      | $740916.34    | 0.23%             | 2028-03-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3406000 | PA      | $3292338.37   | 1.04%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2021509.70   | 0.64%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI                       | Viking Baked Goods Acquisition Corp                             | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |   2091000 | PA      | $2045464.84   | 0.64%             | 2031-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                 | Var Energi ASA                                                  | CUSIP: ZH9740353<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    987000 | PA      | $1275997.43   | 0.40%             | 2083-11-15      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| VERISURE MIDHOLDING AB                         | Verisure Midholding AB                                          | CUSIP: BN5128663<br>LEI: 549300496LYEZ55X1M49 | Long             | DBT              | CORP              | SE        |   3575000 | PA      | $4226975.43   | 1.33%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                 | CUSIP: ZF4880653<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1205914.13   | 0.38%             | 2031-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TUI CRUISES GMBH                               | TUI Cruises GmbH                                                | CUSIP: ZB2786950<br>LEI: 529900SVD83QUUIZYY18 | Long             | DBT              | CORP              | DE        |    350000 | PA      | $429290.40    | 0.14%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TVL FINANCE PLC                                | TVL Finance PLC                                                 | CUSIP: YX8053762<br>LEI: 549300DUQXE7VXG8YA50 | Long             | DBT              | CORP              | JE        |    350000 | PA      | $399916.66    | 0.13%             | 2030-06-30      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                            | Verisure Holding AB                                             | CUSIP: ZM5968957<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    915000 | PA      | $1119643.82   | 0.35%             | 2028-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                 | CUSIP: YU4053010<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |   1237000 | PA      | $1472246.09   | 0.46%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                       | Viridien                                                        | CUSIP: YQ2734594<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $930294.04    | 0.29%             | 2030-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                    | CUSIP: YO6702360<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    360000 | PA      | $438279.95    | 0.14%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                       | Viridien                                                        | CUSIP: YQ2539738<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    720000 | PA      | $708517.08    | 0.22%             | 2030-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VALCOUR PACKAGING LLC                          | Valcour Packaging LLC                                           | CUSIP: 91889CAH1<br>LEI: 254900JCJHQJK9LWF787 | Long             | LON              | CORP              | US        |   1150000 | PA      | $989000.00    | 0.31%             | 2029-10-04      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| VALCOUR PACKAGING LLC                          | Valcour Packaging LLC                                           | CUSIP: 91889CAH1<br>LEI: 254900JCJHQJK9LWF787 | Long             | LON              | CORP              | US        |     26865 | PA      | $23103.48     | 0.01%             | 2029-10-04      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| VENGA FINANCE SARL                             | Venga Finance Sarl                                              | CUSIP: L9635LAG9<br>LEI: 9845005B0E54C498F641 | Long             | LON              | CORP              | LU        |         0 | PA      | $0.01         | 0.00%             | 2029-06-29      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                              | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    385000 | PA      | $411835.66    | 0.13%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                               | ITT Holdings LLC                                                | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   6018000 | PA      | $5722985.00   | 1.80%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp           | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10709000 | PA      | $10033633.70  | 3.16%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp           | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2377000 | PA      | $2353076.92   | 0.74%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| HX HOLD CO LTD                                 | HX Hold Co Ltd                                                  | CUSIP: ZP7942698<br>LEI: 2138004WV2GA7GI77I96 | Long             | DBT              | CORP              | GB        |    858586 | PA      | $905180.01    | 0.28%             | 2030-02-12      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                               | CUSIP: YS9984461<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $114469.04    | 0.04%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IMA INDUSTRIA MACCHINE                         | IMA Industria Macchine Automatiche SpA                          | CUSIP: ZB2787685<br>LEI: 815600D86992FDA7B908 | Long             | DBT              | CORP              | IT        |   1390000 | PA      | $1645868.21   | 0.52%             | 2029-04-15      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                            | CUSIP: YU1799250<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1214000 | PA      | $1508984.67   | 0.48%             | 2031-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                              | CUSIP: ZB7801333<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    550000 | PA      | $690796.06    | 0.22%             | 2031-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HOUGHTON MIFFLIN HARCOUR                       | Houghton Mifflin Harcourt Co                                    | CUSIP: 44157YAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1143138 | PA      | $1115130.88   | 0.35%             | 2029-04-09      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                 | 1261229 BC Ltd                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2018000.44   | 0.64%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Octagon 57 Ltd                                 | Octagon 57 Ltd                                                  | CUSIP: 67592YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1485511.50   | 0.47%             | 2034-10-15      | Floating      | 11.12%                | No            |                  2 | On Loan: No      |
| OCADO GROUP PLC                                | Ocado Group PLC                                                 | CUSIP: YW7505228<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |    572000 | PA      | $764645.25    | 0.24%             | 2029-08-08      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| OID-OL INTERMEDIATE                            | OID-OL Intermediate I LLC                                       | CUSIP: 67089SAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    266001 | PA      | $273316.34    | 0.09%             | 2029-02-01      | Floating      | 10.33%                | No            |                  2 | On Loan: No      |
| OID-OL INTERMEDIATE                            | OID-OL Intermediate I LLC                                       | CUSIP: 67089SAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1226101 | PA      | $1022262.03   | 0.32%             | 2029-02-01      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                             | Zegona Finance PLC                                              | CUSIP: YW1155277<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |   1160000 | PA      | $1451827.59   | 0.46%             | 2029-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                            | CUSIP: YN0901978<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $590248.90    | 0.19%             | 2030-06-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                          | Bath & Body Works Inc                                           | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    249000 | PA      | $256960.03    | 0.08%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1062018.00   | 0.33%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1039734.00   | 0.33%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                 | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    773000 | PA      | $808152.95    | 0.25%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                        | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    673000 | PA      | $700066.04    | 0.22%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                        | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2396665.96   | 0.75%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Shelf Bidco T/L                                | Shelf Bidco T/L                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1995000 | PA      | $1985623.50   | 0.63%             | 2031-12-31      | Floating      | 15.31%                | No            |                  3 | On Loan: No      |
| OCADO GROUP PLC                                | Ocado Group PLC                                                 | CUSIP: YW7487898<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1211214.19   | 0.38%             | 2029-08-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                         | Sherwood Financing PLC                                          | CUSIP: YT4556940<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    142000 | PA      | $169151.17    | 0.05%             | 2029-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                         | Sherwood Financing PLC                                          | CUSIP: YT4556916<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    749000 | PA      | $880081.40    | 0.28%             | 2029-12-15      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                   | CUSIP: YU3779730<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    862000 | PA      | $1034698.53   | 0.33%             | 2030-02-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                   | CUSIP: YU3428494<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    693000 | PA      | $818644.97    | 0.26%             | 2030-10-23      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| OCADO GROUP PLC                                | Ocado Group PLC                                                 | CUSIP: YO0789645<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1602101.27   | 0.50%             | 2030-06-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC                         | JB Poindexter & Co Inc                                          | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   3013000 | PA      | $3059710.54   | 0.96%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC                       | Jacobs Entertainment Inc                                        | CUSIP: 469815AL8<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $957960.00    | 0.30%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                  | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3165426.00   | 1.00%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                  | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    723000 | PA      | $748928.52    | 0.24%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY                        | JetBlue Airways Corp / JetBlue Loyalty LP                       | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1512241.20   | 0.48%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                   | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    967000 | PA      | $978700.70    | 0.31%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                          | Sixth Street CLO 29 Ltd                                         | CUSIP: 83013CAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500000.00   | 0.47%             | 2038-07-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                         | Sherwood Financing PLC                                          | CUSIP: YT4648440<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $837441.50    | 0.26%             | 2029-12-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                   | Ares XXVII CLO Ltd                                              | CUSIP: 00191CAL6<br>LEI: 549300BC3E2Y44TL8536 | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1704080.00   | 0.54%             | 2034-10-28      | Floating      | 11.03%                | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                      | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    870000 | PA      | $914095.95    | 0.29%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALTA EQUIPMENT GROUP                           | Alta Equipment Group Inc                                        | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |   2046000 | PA      | $1908206.81   | 0.60%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                             | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1375000 | PA      | $1008058.56   | 0.32%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                           | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    858000 | PA      | $899403.65    | 0.28%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                      | Anchorage Capital Clo 20 Ltd                                    | CUSIP: 03331QAN6<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $977843.00    | 0.31%             | 2035-01-20      | Floating      | 11.27%                | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                               | Aretec Group Inc                                                | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |   1107000 | PA      | $1216588.32   | 0.38%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                         | Arsenal AIC Parent LLC                                          | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1182000 | PA      | $1261423.31   | 0.40%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                 | Bain Capital Credit CLO 2020-2 Ltd                              | CUSIP: 05683JAJ0<br>LEI: 254900JJEDONFKODOF95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $986639.00    | 0.31%             | 2034-07-19      | Floating      | 11.14%                | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                      | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1347000 | PA      | $1431528.29   | 0.45%             | 2029-03-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                      | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1990000 | PA      | $2041029.57   | 0.64%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| 610 Funding 2 CLO Ltd                          | 610 Funding CLO 2 Ltd                                           | CUSIP: 83004MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1550000 | PA      | $1552728.00   | 0.49%             | 2034-01-20      | Floating      | 11.78%                | No            |                  2 | On Loan: No      |
| BARINGS LLC                                    | BARINGS LLC                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1395572 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AP HIGHLANDS HOLDINGS LP: TLB FIXED 10/25/2028 | AP HIGHLANDS HOLDINGS LP: TLB FIXED 10/25/2028                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | KY        |   4523873 | PA      | $4483157.83   | 1.41%             | 2028-10-15      | Fixed         | 9.25%                 | No            |                  3 | On Loan: No      |
| AP HIGHLANDS CO-INVEST LP: TL CO IN 10/15/2028 | AP HIGHLANDS CO-INVEST LP: TL CO IN 10/15/2028                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2765731 | PA      | $2740839.70   | 0.86%             | 2028-10-15      | Fixed         | 9.25%                 | No            |                  3 | On Loan: No      |
| ANARAFE SLU                                    | Anarafe SL                                                      | CUSIP: BT5228585<br>LEI: 959800AW60HWZ3N4R995 | Long             | DBT              | CORP              | ES        |    247825 | PA      | $204348.46    | 0.06%             | 2026-12-31      | Floating      | 14.61%                | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LTD                           | 888 Acquisitions Ltd                                            | CUSIP: BX3897002<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |   1399000 | PA      | $1637449.47   | 0.52%             | 2028-07-15      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| AFFLELOU SAS                                   | Afflelou SAS                                                    | CUSIP: YW4157247<br>LEI: 969500I7CS80FNB7CZ43 | Long             | DBT              | CORP              | FR        |    360000 | PA      | $440863.94    | 0.14%             | 2029-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ATOS SE                                        | Atos SE                                                         | CUSIP: YS0129736<br>LEI: 5493001EZOOA66PTBR68 | Long             | SN               | CORP              | FR        |   1224029 | PA      | $1608000.74   | 0.51%             | 2029-12-18      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| 8TH AVENUE FOOD & PROVI                        | 8th Avenue Food & Provisions Inc                                | CUSIP: 28253PAD1<br>LEI: 549300PBCACU45IZ2V05 | Long             | LON              | CORP              | US        |    368204 | PA      | $366547.51    | 0.12%             | 2026-10-01      | Floating      | 12.19%                | No            |                  2 | On Loan: No      |
| FIVE STAR LOWER HOLDING                        | Five Star Lower Holding LLC                                     | CUSIP: 33835TAB4<br>LEI: 254900USK2F26ED28A72 | Long             | LON              | CORP              | US        |   1989796 | PA      | $1983169.90   | 0.62%             | 2029-05-07      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| FLINT GROUP TOPCO LTD                          | Flint Group Topco Ltd                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | JE        |    368648 | PA      | $25344.52     | 0.01%             | 2027-12-31      | Floating      | 0.10%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                 | 1261229 BC Ltd                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |   3299633 | PA      | $3175368.85   | 1.00%             | 2030-10-08      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    995000 | PA      | $1019841.79   | 0.32%             | 2027-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   2752000 | PA      | $2827806.73   | 0.89%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                  | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1111604.40   | 0.35%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| SEASPAN CORP                                   | Seaspan Corp                                                    | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   4786000 | PA      | $4549464.39   | 1.43%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** Barings Global Short Duration High Yield Fund

**Signature:** /s/ Christopher Hanscom

**Name of Signer:** Christopher Hanscom

**Title:** Treasurer