# EDGAR Filing Document

**Accession Number:** 0000793040
**File Stem:** 0001752724-23-050022
**Filing Date:** 2023-3
**Character Count:** 55047
**Document Hash:** 20eee88d5e9dcf928a57fc5a103fcd56
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-050022.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-050022

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELLSWORTH GROWTH & INCOME FUND LTD
- **CENTRAL INDEX KEY:** 0000793040
- **IRS NUMBER:** 133345139
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04656
- **FILM NUMBER:** 23692237

**BUSINESS ADDRESS:**
- **STREET 1:** 65 MADISON AVENUE
- **STREET 2:** SUITE 550
- **CITY:** MORRISTOWN
- **STATE:** NJ
- **ZIP:** 07960
- **BUSINESS PHONE:** (973) 631-1177

**MAIL ADDRESS:**
- **STREET 1:** 65 MADISON AVE
- **STREET 2:** SUITE 550
- **CITY:** MORRISTOWN
- **STATE:** NJ
- **ZIP:** 07960

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ELLSWORTH FUND LTD
- **DATE OF NAME CHANGE:** 20060330

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ELLSWORTH CONVERTIBLE GROWTH & INCOME FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Nport-Ex

# **Ellsworth Growth and Income Fund Ltd.**
**Schedule of Investments - December 31, 2022 (Unaudited)**

| Principal Amount | Market Value | Principal Amount | Market Value |
| --- | --- | --- | --- |
| CONVERTIBLE CORPORATE BONDS- 63.5% |  | $1,500,000 | Match Group Financeco 3 Inc., 2.000%, 01/15/30(a) ... $1,300,500 |
| Airlines- 1.3% |  | 1,000,000 | MercadoLibre Inc., 2.000%, 08/15/28 ... 2,031,500 |
| $2,000,000 Southwest Airlines Co., 1.250%, 05/01/25 | $2,400,500 | 1,750,000 | PAR Technology Corp., 2.875%, 04/15/26 ... 1,649,375 |
| Ellsworth Growth and Income Fund Ltd. |  | 2,000,000 | Progress Software Corp., |
| Automotive- 1.6% |  |  |  |
| 3,000,000 Ford Motor Co., |  |  |  |

1

2

## Schedule of Investments (Continued) - December 31, 2022 (Unaudited)

| Principal Amount | Zero Coupon, 03/15/26 | Market Value | Principal Amount | 1,000%, 04/15/26 | Market Value |
| --- | --- | --- | --- | --- | --- |
| 2,000,000 | PROFESSIONAL CORPORATE BONDS (Continued) |  | $1,140,000 | PROS Holdings Inc., | 1,260,545 |
| $1,990,000 | Equity and Unfair (Continued) |  | 2,000,000 | Shirley Payments Inc., | $1,319,550 |
| 2,000,000 | Corporate Energy International Inc., | 1,350,000 |  | Shirley Payments Inc., | 1,000,000 |
|  | Performing 02/15/26(a) | $1,616,875 | 2,170,000 | Zero Coupon, 12/15/25 | 1,318,275 |
|  | 0.125%, 11/15/26 | 1,556,000 |  | Veritone Inc., |  |
|  |  | 2,905,000 | 1,650,000 | Materials, 11/15/26 |  |
|  |  |  |  | Daimler Scientific Inc., |  |
|  |  |  |  | Workers Inc., |  |
|  |  |  |  | 3.250%, 12/15/26(a) | 134,032 |
|  | Entertainment - 1.0% |  |  |  |  |

# Schedule of Investments (Continued) - December 31, 2022 (Unaudited)

| 1,815,000 | Carrolls, Inc. (a) | Market | 1,125%, 08/15/26 | 2,042,700 |
| --- | --- | --- | --- | --- |
| Shares | Debt, 08/15/26 (a) | Value | Shares | Market |
| 2,100,000 | Zero Charges 12/15/25 | 1,350,300 | 375,000 | Real Estate Investment Trusts- 1.7% |
| 2,000,000 | Financial Services- 0.0% | 1,258,000 | 650,000 | Financial Services- 0.4% |
| 1,975,000 | Business Services- 0.0% |  | 1,000,000 | Financial Services- 0.4% |
| 809,253 | Investments Operating Co. LLC, |  | 22,651 | Financial Services- 0.4% |
|  | American Holdings, LLC |  |  | Financial Services- 0.4% |
| 900,000 | Investments- 0.0% | 1,413,000 | 40,000 | Financial Services- 0.0% |
| 272,728 | American Holdings, LLC, common equity | 3,273,350 | 1,000,000 | Financial Services- 0.0% |
|  | Investments- 0.0% | 970,200 |  | Financial Services- 0.0% |
| 1,250,000 | Investments- 4.4% |  | 1,350,000 | Financial Services- 0.0% |
|  | (c) | 3 | 1,330,000 | Financial Services- 5.2% |
|  |  |  |  | 1,336,500 |

Ellsworth Growth and Income Fund Ltd.

# **Schedule of Investments (Continued) - December 31, 2022 (Unaudited)**

| 2,000,000 | Inter-Data | 960,938 | 10,000 | American Tower Corp. | 2,118,958 |
| --- | --- | --- | --- | --- | --- |
| 1,000,000 | TOTAL CONVERTIBLE INVESTED | 1,600,000 | 10,100 | OCT 2022, 08/01/25 | 2,118,958 |
| 1,700,000 | NET INCOME | 1,609,788 | 1,470,000 | Crown Castle Inc. | 2,118,958 |
| † | Non-income | 1,330,401 | 3,000 | Equity Inc. | 3,218,425 |
| 750,000 | 1,000,000 |  | 682,000 | Seal & Co. | 3,218,425 |
| †† | Representative of the United States | 5,049,450 | 7,000 | Seal & Co. | 1,962,170 |
|  | ADJUSTED OF CONVERTIBLE SECURITIES (d) - | 1,725,000 | 1,800,000 | Seal & Co. | 9,539,724 |
|  | ADJUSTED OF CONVERTIBLE SECURITIES (d) - | 1,725,000 | 1,800,000 | Seal & Co. | 1,914,500 |
| 1,117,000 | ADJUSTED OF CONVERTIBLE SECURITIES (d) - | 1,851,042 | 2,505,000 | Seal & Co. | 1,914,500 |
| 2,500,000 | ADJUSTED OF CONVERTIBLE SECURITIES (d) - | 1,837,950 | 5,058 | Seal & Co. | 2,888,888 |
|  | Debtors | 1,835,172 | 532,000 | Nice Systems Inc. | 7,049,375 |
|  |  | 2,204,845 |  |  |  |

3

# Ellsworth Growth and Income Fund Ltd.

(d) Mandatory convertible securities are required to be converted on the

| 30,000 | Diversified Industrial - 0.9% | 8,641,968 | 2,000,000 | Telecommunications - 2.9% | 1,220,275 |
| --- | --- | --- | --- | --- | --- |
|  | Chart Industries Inc., Ser. B. |  |  | Diversified Industrial - 1.2% | 1,104,800 |
|  | Counselor Assurance - 0.8% |  | 16,119 | Direct Industries Inc. | 2,316,660 |
| 2,000,000 | Financial Assurance - 0.8% | 1,519,200 | 1,000,000 | Trademarks - 0.8% | 1,000,000 |
|  | Securities and Exchange - 0.8% |  |  | 1,000,000 | 1,970,000 |
|  | Energy and Utilities - 0.8% |  | 1,500,000 | Vehicle Communications Inc. | 1,000,000 |
| 1,250,000 | Energy and Utilities - 0.8% | 1,504,000 |  | Kimberly Inc. | 1,000,000 |
|  | Dealing Materials Inc. |  |  | 0.125% | 1,000,000 |
| 27,465 | Dealing Materials Inc. |  |  | 0.125% | 1,000,000 |
|  | Health Care - 0.8% | 1,780,708 |  | TOTAL COMMON STOCKS | 34,017,542 |
| 30,000 | Health Care - 0.8% | 1,780,708 |  |  |  |
| 2,235,000 | Cohen's Biosciences Inc. | 1,585,700 | Principal | Examinations - 1.5% |  |
| 16,290 | Sears Inc., Ser. A. | 1,585,700 | 2,000,000 | Energy and Utilities - 0.9% |  |
|  | Computer Software and Services - 12.2% | 1,469,512 | Amount | Energy Technologies Inc. |  |

4

| 1,000,000 | 7.500%, 03/01/24 | 813,359 |  | 1.125%, 05/15/27 | 2,410,989 |
| --- | --- | --- | --- | --- | --- |
| 1,700,000 | Alkaloid Technologies Inc., | 3,705,767 | 1,650,000 | U.S. GOVERNMENT OBLIGATIONS- 12.9% | 2,410,989 |
|  | Financial Services- 1.1% | 1,545,000 | $23,720,000 | W.R. & Co. Inc., |  |
| 3,000,000 | 2.2% on Mandatory Exchangeable Trust, |  |  | U.S. Treasury Dept. | 1,631,859 |
| 1,000,000 | 8.25% on 03/01/24 | 1,482,500 | 1,500,000 | 4.50% on 3.39% (1), 01/26/23 to |  |
| 1,250,000 | 8.25% on 03/01/28(a) | 1,425,000 |  | Reynolds County Partners LP, | 23,582,472 |
| 1,145,000 | Catalysts Inc. 03/01/28(a) | 1,869,000 |  | 1.500%, 06/13/26 | 1,742,280 |
| 1,375,000 | TOTAL MANUFACTURING CONVERTIBLE | 1,171,450 | 2,000,000 | Wolters Inc. |  |
| 1,375,000 | Highland Therapeutics, Inc., | 1,178,812 | 1,841,000 | TOTAL INVESTMENTS- 100.0% | 1,536,147 |
| 1,500,000 | 1.000%, 08/13/28(a) | 9,043,619 | 1,375,000 | 6.25% on 03/01/28(a) | $182,495,978 |
|  | COMMON STOCKS- 18.6% | 1,545,062 |  | 2.500%, 07/15/27(a) | 9,424,318 |

| 2,590,000 | 3 Verticals LLC | 2,125,500 |
| --- | --- | --- |
| 1,015,000 | 4,250%, 03/15/26 | 2,151,141 |
| 1,550,000 | Business Services Inc. 0.5% | 483,170 |
| 13,000 | PayPal Holdings Inc. 0.5% | 1,995,650 |
| 2,390,000 | PetIQ Inc. | 1,995,650 |
| 40,000 | Communications Equipment - 0.0% | 30,204 |
|  | Kaleyra Inc.† |  |

(a) Securities Exempt from Regulation under Rule 144A of the Securities Exempt from Regulation 2004-1833 is amended. These securities may be resold in transactions exempt from registration normally-to-qualified institutional buyers.
(b) At December 31, 2003, the Fund held an investment in a restricted and secure security amount of 1,413,980 or 0.78% of total investment. The Fund was valued at 1,413,980 or 0.78% of total investment.
(c) The Fund was valued at 1,413,980 or 0.78% of total investment.
(d) The Fund was valued at 1,413,980 or 0.78% of total investment.
(e) The Fund was valued at 1,413,980 or 0.78% of total investment.
(f) The Fund was valued at 1,413,980 or 0.78% of total investment.
(g) The Fund was valued at 1,413,980 or 0.78% of total investment.
(h) The Fund was valued at 1,413,980 or 0.78% of total investment.
(i) The Fund was valued at 1,413,980 or 0.78% of total investment.
(j) The Fund was valued at 1,413,980 or 0.78% of total investment.
(k) The Fund was valued at 1,413,980 or 0.78% of total investment.
(l) The Fund was valued at 1,413,980 or 0.78% of total investment.
(m) The Fund was valued at 1,413,980 or 0.78% of total investment.
(n) The Fund was valued at 1,413,980 or 0.78% of total investment.
(o) The Fund was valued at 1,413,980 or 0.78% of total investment.
(p) The Fund was valued at 1,413,980 or 0.78% of total investment.
(q) The Fund was valued at 1,413,980 or 0.78% of total investment.
(r) The Fund was valued at 1,413,980 or 0.78% of total investment.
(s) The Fund was valued at 1,413,980 or 0.78% of total investment.
(t) The Fund was valued at 1,413,980 or 0.78% of total investment.
(u) The Fund was valued at 1,413,980 or 0.78% of total investment.
(v) The Fund was valued at 1,413,980 or 0.78% of total investment.
(w) The Fund was valued at 1,413,980 or 0.78% of total investment.
(x) The Fund was valued at 1,413,980 or 0.78% of total investment.
(y) The Fund was valued at 1,413,980 or 0.78% of total investment.
(z) The Fund was valued at 1,413,980 or 0.78% of total investment.
(x) The Fund was valued at 1,413,980 or 0.78% of total investment.
(y) The Fund was valued at 1,413,980 or 0.78% of total investment.
(z) The Fund was valued at 1,413,980 or 0.78% of total investment.
(x) The Fund was valued at 1,413,980 or 0.78% of total investment.
(y) The Fund was valued at

**TOTAL CONVERTIBLE CORPORATE**

12/31/22

| Computer Software and Services- 1.9% |  | Acquisition Principal Amount | BONDS. | Acquisition Dates | Acquisition Cost | Carrying Value Per Bond |
| --- | --- | --- | --- | --- | --- | --- |
| 14,300 | Microsoft Corp. ... | 3,429,426 |  |  |  |  |
| Consumer Products- 0.7% |  | $1,025,000 | Digitalbridge |  |  |  |
| 24,000 | Unilever plc, ADR ... | 1,208,400 | Operating Co. LLC, 5.750%, 07/15/25 | 7/17/20 - 11/11/20 | $1,156,987 | $1,379.4927 |
| Entertainment - 0.6% |  |  |  |  |  |  |
| 12,500 | The Walt Disney Co.† ... | 1,086,000 | (c) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |  |  |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ellsworth Growth & Income Fund Ltd

- **b. Investment Company Act file number:** 811-04656

- **c. CIK number of Registrant:** 0000793040

- **d. LEI of Registrant:** 549300GYFOXHCDQTI772

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

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

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

- **a. Name of Series:** Ellsworth Growth & Income Fund Ltd

- **c. LEI of Series:** 549300GYFOXHCDQTI772

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**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:** $183658387.75

**Total Liabilities:** $54526608.13

**Net Assets:** $129131779.62

**Cash Not Reported:** $36167.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 154.22338000 | **5-Year:** 20.63306000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 303.04381000 | **1-Year:** 8127.55260000 | **5-Year:** 3217.35442000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 7.37%                | -2.56%               | -3.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-629195.14              | $6258831.66                                |
| Month 2  | $2616903.25              | $1880107.22                                |
| Month 3  | $457856.02               | $-7193972.80                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BANDWIDTH INC                             | Bandwidth Inc                             | CUSIP: 05988JAB9<br>LEI: 549300QC70JB7MUGXM66 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2276400.00   | 1.76%             | 2026-03-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CUTERA INC                                | Cutera Inc                                | CUSIP: 232109AC2<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1869000.00   | 1.45%             | 2028-06-01      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    445000 | PA      | $440863.06    | 0.34%             | 2023-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VERITONE INC                              | Veritone Inc                              | CUSIP: 92347MAB6<br>LEI: 549300XTAS2FCSL4EL89 | Long             | DBT              | CORP              | US        |   2170000 | PA      | $1318275.00   | 1.02%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WORKIVA INC                               | Workiva Inc                               | CUSIP: 98139AAB1<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $2042700.00   | 1.58%             | 2026-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| UPSTART HOLDINGS INC                      | Upstart Holdings Inc                      | CUSIP: 91680MAB3<br>LEI: 549300WNB47JRNENIC75 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1113000.00   | 0.86%             | 2026-08-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PERFICIENT INC                            | Perficient Inc                            | CUSIP: 71375UAF8<br>LEI: 549300HTBXKL2755T650 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1555000.00   | 1.20%             | 2026-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ARRAY TECHNOLOGIES INC                    | Array Technologies Inc                    | CUSIP: 04271TAB6<br>LEI: 549300JM5FECYJQ85V37 | Long             | DBT              | CORP              | US        |   2026000 | PA      | $2069559.00   | 1.60%             | 2028-12-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2795000 | PA      | $2773611.54   | 2.15%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERIVON HOLDINGS LLC - PRIVATE PLACEMENT | AMERIVON HOLDINGS LLC - PRIVATE PLACEMENT | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    809253 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| I3 VERTICALS LLC                          | i3 Verticals LLC                          | CUSIP: 44933TAB2<br>LEI: 549300VET627YPCK1T69 | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2350425.00   | 1.82%             | 2025-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC                             | Wolfspeed Inc                             | CUSIP: 977852AC6<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1245062.50   | 0.96%             | 2029-12-01      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORP                         | DISH Network Corp                         | CUSIP: 25470MAF6<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1350300.00   | 1.05%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NICE LTD                                  | Nice Ltd                                  | CUSIP: 653656AB4<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | DBT              | CORP              | IL        |    515000 | PA      | $487962.50    | 0.38%             | 2025-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RADIUS GBL INFASTRUCTURE                  | Radius Global Infrastructure Inc          | CUSIP: 750481AA1<br>LEI: 213800NT341MQ5USBX63 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2204615.38   | 1.71%             | 2026-09-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| IMPINJ INC                                | Impinj Inc                                | CUSIP: 453204AD1<br>LEI: 549300M26VGKSMMWWN17 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2410000.00   | 1.87%             | 2027-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES                   | Summit Hotel Properties Inc               | CUSIP: 866082AA8<br>LEI: 254900OBQWJK6X20LS71 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1142470.00   | 0.88%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                            | Eli Lilly & Co                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      8000 | NS      | $2926720.00   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                       | American Tower Corp                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     10000 | NS      | $2118600.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| INFINERA CORP                             | Infinera Corp                             | CUSIP: 45667GAE3<br>LEI: 549300ZOF66WPV3H0H17 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1397107.04   | 1.08%             | 2027-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                   | Pebblebrook Hotel Trust                   | CUSIP: 70509VAA8<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $827500.00    | 0.64%             | 2026-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| IIP OPERATING PARTNER                     | IIP Operating Partnership LP              | CUSIP: 44988FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1609787.89   | 1.25%             | 2024-02-21      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                        | NextEra Energy Inc                        | CUSIP: 65339F739<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     27465 | NS      | $1386707.85   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| INFINERA CORP                             | Infinera Corp                             | CUSIP: 45667GAF0<br>LEI: 549300ZOF66WPV3H0H17 | Long             | DBT              | CORP              | US        |    325000 | PA      | $404430.00    | 0.31%             | 2028-08-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| BIGBEAR.AI HOLDINGS INC                   | BigBear.ai Holdings Inc                   | CUSIP: 08975BAA7<br>LEI: 549300XGCF2ELN28CS63 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1350000.00   | 1.05%             | 2026-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| 2U INC                                    | 2U Inc                                    | CUSIP: 90214JAB7<br>LEI: 5493008RVTXVR43PYF84 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $1954500.00   | 1.51%             | 2025-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EDGIO INC                                 | Edgio Inc                                 | CUSIP: 53261MAB0<br>LEI: 529900BNCMDQGEKW5M59 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1645961.96   | 1.27%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY INTL INC                   | Sunnova Energy International Inc          | CUSIP: 86745KAG9<br>LEI: 549300JK1Y1VVC3JU540 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $1616875.00   | 1.25%             | 2028-02-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                      | Chart Industries Inc                      | CUSIP: 16115Q407<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EP               | CORP              | US        |     30000 | NS      | $1519200.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                | Verizon Communications Inc                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     50000 | NS      | $1970000.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CUTERA INC                                | Cutera Inc                                | CUSIP: 232109AF5<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |   1145000 | PA      | $1171449.50   | 0.91%             | 2029-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SAREPTA THERAPEUTICS INC                  | Sarepta Therapeutics Inc                  | CUSIP: 803607AC4<br>LEI: 549300IKDPIED8J8IG21 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1319550.00   | 1.02%             | 2027-09-15      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| INVACARE CORP                             | Invacare Corp                             | CUSIP: 461203AQ4<br>LEI: 549300NNUTG7HCZICS76 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $483169.75    | 0.37%             | 2026-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                   | Akamai Technologies Inc                   | CUSIP: 00971TAL5<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1645600.00   | 1.27%             | 2027-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| INDIE SEMICONDUCTOR INC                   | indie Semiconductor Inc                   | CUSIP: 45569UAA9<br>LEI: 254900L1MFXFYGB1PV53 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1631850.00   | 1.26%             | 2027-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3600000 | PA      | $3578360.08   | 2.77%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT VACATION WORLDW                  | Marriott Vacations Worldwide Corp         | CUSIP: 57164YAE7<br>LEI: 549300WA6BT5H4F7IO94 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1336500.00   | 1.03%             | 2027-12-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| CONMED CORP                               | CONMED Corp                               | CUSIP: 207410AF8<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1138000.00   | 0.88%             | 2024-02-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| LIBERTY MEDIA CORP                        | Liberty Media Corp-Liberty Formula One    | CUSIP: 531229AL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1743307.50   | 1.35%             | 2027-08-15      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| DANIMER SCIENTIFIC INC                    | Danimer Scientific Inc                    | CUSIP: 236272AA8<br>LEI: 549300L6Q02MAX72BH35 | Long             | DBT              | CORP              | US        |    345000 | PA      | $134032.50    | 0.10%             | 2026-12-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| DESKTOP METAL INC                         | Desktop Metal Inc                         | CUSIP: 25058XAC9<br>LEI: 254900C3ZY0EFO5PGJ27 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1194375.00   | 0.92%             | 2027-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ZSCALER INC.                              | Zscaler Inc                               | CUSIP: 98980GAB8<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | DBT              | CORP              | US        |   1515000 | PA      | $1598325.00   | 1.24%             | 2025-07-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd                                 | Bunge Ltd                                 | CUSIP: 000000000<br>LEI: 5493007M0RIN8HY3MM77 | Long             | EC               | CORP              | US        |     21561 | NS      | $2151140.97   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| COHERUS BIOSCIENCES INC                   | Coherus Biosciences Inc                   | CUSIP: 19249HAB9<br>LEI: 5493007IL8W5MV932D26 | Long             | DBT              | CORP              | US        |   2235000 | PA      | $1469512.50   | 1.14%             | 2026-04-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Match Group Financeco 3 Inc               | Match Group Financeco 3 Inc               | CUSIP: 44932KAA4<br>LEI: 5493003IEL8HSZKWUI17 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1300500.00   | 1.01%             | 2030-01-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| KALEYRA INC                               | Kaleyra Inc                               | CUSIP: 483379AA1<br>LEI: 549300Q16CZ1PDK9BL93 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1330400.64   | 1.03%             | 2026-06-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| PROGRESS SOFTWARE CORP                    | Progress Software Corp                    | CUSIP: 743312AB6<br>LEI: 549300R65B3JG6972S24 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2054000.00   | 1.59%             | 2026-04-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| LANTHEUS HOLDINGS INC                     | Lantheus Holdings Inc                     | CUSIP: 516544AA1<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1568445.00   | 1.21%             | 2027-12-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| ORMAT TECHNOLOGIES INC                    | Ormat Technologies Inc                    | CUSIP: 686688AA0<br>LEI: 5493000TSHHWY24VHM09 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1606000.00   | 1.24%             | 2027-07-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD                       | NCL Corp Ltd                              | CUSIP: 62886HBD2<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    682000 | PA      | $466351.60    | 0.36%             | 2027-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Kaleyra Inc                               | Kaleyra Inc                               | CUSIP: 483379103<br>LEI: 549300Q16CZ1PDK9BL93 | Long             | EC               | CORP              | IT        |     40000 | NS      | $30204.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                       | NCL Corp Ltd                              | CUSIP: 62886HAX9<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1470000 | PA      | $1489845.00   | 1.15%             | 2025-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796YL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2360000 | PA      | $2340452.12   | 1.81%             | 2023-03-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LUMENTUM HOLDINGS INC                     | Lumentum Holdings Inc                     | CUSIP: 55024UAE9<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |   1117000 | PA      | $851042.30    | 0.66%             | 2028-06-15      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| REDWOOD TRUST INC                         | Redwood Trust Inc                         | CUSIP: 758075AE5<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $851300.00    | 0.66%             | 2027-06-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| LUMENTUM HOLDINGS INC                     | Lumentum Holdings Inc                     | CUSIP: 55024UAD1<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1725000.00   | 1.34%             | 2026-12-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                        | NextEra Energy Inc                        | CUSIP: 65339F713<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     30000 | NS      | $1505700.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FUBOTV INC                                | fuboTV Inc                                | CUSIP: 35953DAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1415000 | PA      | $665050.00    | 0.52%             | 2026-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHEFS' WAREHOUSE THE                      | Chefs' Warehouse Inc/The                  | CUSIP: 163086AD3<br>LEI: 549300JYEDC8C547E980 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1506600.00   | 1.17%             | 2028-12-15      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| BLOOM ENERGY CORP                         | Bloom Energy Corp                         | CUSIP: 093712AH0<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1559943.00   | 1.21%             | 2025-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                     | Southwest Airlines Co                     | CUSIP: 844741BG2<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2409500.00   | 1.87%             | 2025-05-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| 3D SYSTEMS CORP                           | 3D Systems Corp                           | CUSIP: 88554DAD8<br>LEI: 5493003HHDOCCW4OP744 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1374000.00   | 1.06%             | 2026-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HCI GROUP INC                             | HCI Group Inc                             | CUSIP: 40416EAE3<br>LEI: 549300CZF7EZJH0MPH74 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $960937.50    | 0.74%             | 2042-06-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS                  | Braemar Hotels & Resorts Inc              | CUSIP: 10482BAB7<br>LEI: 549300JDUUEBN868C776 | Long             | DBT              | CORP              | US        |    375000 | PA      | $355642.87    | 0.28%             | 2026-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APTIV PLC                                 | Aptiv PLC                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | IE        |     17100 | NS      | $1835172.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORPORATION                       | Insulet Corp                              | CUSIP: 45784PAK7<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $2125500.00   | 1.65%             | 2026-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $3959072.36   | 3.07%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CUTERA INC                                | Cutera Inc                                | CUSIP: 232109AB4<br>LEI: 529900NPKPEWJWR21Z42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1483500.00   | 1.15%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Inc                           | T-Mobile US Inc                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     16119 | NS      | $2256660.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| 8X8 INC                                   | 8x8 Inc                                   | CUSIP: 282914AB6<br>LEI: 254900XWSOC5U1BRW939 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $1884880.76   | 1.46%             | 2024-02-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                  | AT&T Inc                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     60000 | NS      | $1104600.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                | Pfizer Inc                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     40000 | NS      | $2049600.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| 2020 CASH EXCH TRUST                      | 2020 Cash Mandatory Exchangeable Trust    | CUSIP: 901375105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1730 | NS      | $1983479.60   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5058 | NS      | $2828079.54   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VERINT SYSTEMS INC                        | Verint Systems Inc                        | CUSIP: 92343XAC4<br>LEI: 549300KEQJS5FRVUCO94 | Long             | DBT              | CORP              | US        |   2990000 | PA      | $2616250.00   | 2.03%             | 2026-04-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                        | Ford Motor Co                             | CUSIP: 345370CZ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2845500.00   | 2.20%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                         | Post Holdings Inc                         | CUSIP: 737446AS3<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    650000 | PA      | $685880.00    | 0.53%             | 2027-08-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Crown Castle Inc                          | Crown Castle Inc                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     16100 | NS      | $2183804.00   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     14300 | NS      | $3429426.00   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY PARTNERS                   | NextEra Energy Partners LP                | CUSIP: 65341BAG1<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1782200.00   | 1.38%             | 2026-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PETIQ INC                                 | PetIQ Inc                                 | CUSIP: 71639TAB2<br>LEI: 549300GROACFGKVYOX14 | Long             | DBT              | CORP              | US        |   2390000 | PA      | $1995650.00   | 1.55%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOFI TECHNOLOGIES INC                     | SoFi Technologies Inc                     | CUSIP: 83406FAA0<br>LEI: 549300SW81JCMVZDDY09 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1447950.00   | 1.12%             | 2026-10-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Walt Disney Co/The                        | Walt Disney Co/The                        | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     12500 | NS      | $1086000.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH NETWORK CORP                         | DISH Network Corp                         | CUSIP: 25470MAB5<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1258000.00   | 0.97%             | 2026-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PAR TECHNOLOGY CORP                       | PAR Technology Corp                       | CUSIP: 698884AC7<br>LEI: 549300HYPTHBJQINVG57 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1649375.00   | 1.28%             | 2026-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS INC                       | Shift4 Payments Inc                       | CUSIP: 82452JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1991250.00   | 1.54%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERDIGITAL INC                          | InterDigital Inc                          | CUSIP: 45867GAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1900000.00   | 1.47%             | 2027-06-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| AMERIVON HOLDINGS LLC - PRIVATE PLACEMENT | AMERIVON HOLDINGS LLC - PRIVATE PLACEMENT | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    272728 | NS      | $2.73         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| XOMETRY INC                               | Xometry Inc                               | CUSIP: 98423FAA7<br>LEI: 5493006JFRGU7YRRXE44 | Long             | DBT              | CORP              | US        |   1508000 | PA      | $1281187.07   | 0.99%             | 2027-02-01      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| NICE SYSTEMS INC                          | Nice Systems Inc                          | CUSIP: 65366HAB9<br>LEI: 254900T6KBE4O3728267 | Long             | DBT              | CORP              | US        |    532000 | PA      | $1220275.00   | 0.94%             | 2024-01-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| STRIDE INC                                | Stride Inc                                | CUSIP: 86333MAA6<br>LEI: 254900BRWS3AFONWU277 | Long             | DBT              | CORP              | US        |   2505000 | PA      | $2243478.00   | 1.74%             | 2027-09-01      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                      | Chart Industries Inc                      | CUSIP: 16115QAD2<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    450000 | PA      | $895950.00    | 0.69%             | 2024-11-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| SPIRE INC                                 | Spire Inc                                 | CUSIP: 84857L606<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |     16290 | NS      | $813359.70    | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA Communications Corp                   | SBA Communications Corp                   | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      7000 | NS      | $1962170.00   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMTECH CORP                              | Semtech Corp                              | CUSIP: 816850AE1<br>LEI: 549300J7WUY317SW6O61 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1541250.00   | 1.19%             | 2027-11-01      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| PayPal Holdings Inc                       | PayPal Holdings Inc                       | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     13000 | NS      | $925860.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLFSPEED INC                             | Wolfspeed Inc                             | CUSIP: 977852AA0<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |   1841000 | PA      | $1596147.00   | 1.24%             | 2028-02-15      | Fixed         | 0.25%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                   | Royal Caribbean Cruises Ltd               | CUSIP: 780153BP6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1200000 | PA      | $1513200.00   | 1.17%             | 2025-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CARDLYTICS INC                            | Cardlytics Inc                            | CUSIP: 14161WAB1<br>LEI: 549300JETJBH94EIPC66 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $702812.50    | 0.54%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                              | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     24000 | NS      | $1208400.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                          | MercadoLibre Inc                          | CUSIP: 58733RAD4<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $2031500.00   | 1.57%             | 2028-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3230000 | PA      | $3213957.20   | 2.49%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                            | Merck & Co Inc                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     22651 | NS      | $2513128.45   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HALOZYME THERAPEUTICS IN                  | Halozyme Therapeutics Inc                 | CUSIP: 40637HAE9<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1538062.50   | 1.19%             | 2028-08-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    180000 | PA      | $178772.18    | 0.14%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DIGITALBRIDGE OPERATE                     | Digitalbridge Operating Co LLC            | CUSIP: 19626LAA5<br>LEI: 5493003D7P9HVU22YM89 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1413980.31   | 1.09%             | 2025-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PROS HOLDINGS INC                         | PROS Holdings Inc                         | CUSIP: 74346YAG8<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1260545.00   | 0.98%             | 2027-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                  | Northern Oil and Gas Inc                  | CUSIP: 665531AH2<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2160000.00   | 1.67%             | 2029-04-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Equinix Inc                               | Equinix Inc                               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      5000 | NS      | $3275150.00   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LENDINGTREE INC                           | LendingTree Inc                           | CUSIP: 52603BAD9<br>LEI: 549300ISY5YHUJZTON08 | Long             | DBT              | CORP              | US        |    750000 | PA      | $549450.00    | 0.43%             | 2025-07-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                             | United States Treasury Bill               | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7115000 | PA      | $7097383.19   | 5.50%             | 2023-01-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENVESTNET INC                             | Envestnet Inc                             | CUSIP: 29404KAF3<br>LEI: 549300HLWZ5OKIDM8737 | Long             | DBT              | CORP              | US        |    900000 | PA      | $970200.00    | 0.75%             | 2027-12-01      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** Ellsworth Growth & Income Fund Ltd

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer