# EDGAR Filing Document

**Accession Number:** 0001794041
**File Stem:** 0000894189-26-007039
**Filing Date:** 2026-2
**Character Count:** 81888
**Document Hash:** 7cd0bcf16e5c5fee7e82149d513b8b3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-007039.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000894189-26-007039

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin BSP Private Credit Fund
- **CENTRAL INDEX KEY:** 0001794041

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23492
- **FILM NUMBER:** 26698581

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MADISON AVENUE
- **STREET 2:** SUITE 1600
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212-588-6770

**MAIL ADDRESS:**
- **STREET 1:** ONE MADISON AVENUE
- **STREET 2:** SUITE 1600
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin BSP Private Credit Fund

- **b. Investment Company Act file number:** 811-23492

- **c. CIK number of Registrant:** 0001794041

- **d. LEI of Registrant:** 549300EZ3TEPDZJ0NK72

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

  - **Street Address 1:** 1 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-588-6770

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

- **a. Name of Series:** Franklin BSP Private Credit Fund

- **c. LEI of Series:** 549300EZ3TEPDZJ0NK72

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

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

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $182026245.00

**Total Liabilities:** $60929576.00

**Net Assets:** $121096669.00

**Delayed Delivery Securities:** $0.02

**Cash Not Reported:** $9447624.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 992.318205000000 | **1-Year:** 1342.801844000000 | **5-Year:** 169.197402000000 | **10-Year:** 87.548744000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 3804.683752000000 | **1-Year:** 2338.582311000000 | **5-Year:** 4103.667684000000 | **10-Year:** 445.382592000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.47%               | -0.76%               | 0.07%                |
| Class ID N/A | -0.42%               | -0.72%               | 0.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-238874.08              | $-1319812.84                               |
| Month 2  | $240174.04               | $-2087991.07                               |
| Month 3  | $402030.15               | $-4217367.93                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Reagent Chemical & Research R/C                    | Reagent Chemical & Research R/C                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    387000 | PA      | $387000.00    | 0.32%             | 2030-04-01      | Floating      | 10.57%                | No            |                  3 | On Loan: No      |
| Trystar T/L                                        | Trystar T/L                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1259482 | PA      | $1259482.50   | 1.04%             | 2031-08-06      | Floating      | 8.09%                 | No            |                  3 | On Loan: No      |
| Rialto Managment Group T/L (12/24)                 | Rialto Managment Group T/L (12/24)                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1032262 | PA      | $1032262.05   | 0.85%             | 2030-12-05      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| InhabitIQ T/L (1/25)                               | InhabitIQ T/L (1/25)                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1334655 | PA      | $1328915.98   | 1.10%             | 2032-01-09      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| GALAXY DIGITAL HOLDIN LP                           | Galaxy Digital Holdings LP                                                | CUSIP: 36317GAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1142317.62   | 0.94%             | 2031-05-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO II, Ltd.                           | Halseypoint CLO II Ltd                                                    | CUSIP: 40638TAU6<br>LEI: 549300PIQILNPH8UJT31 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996800.00    | 0.82%             | 2037-07-20      | Floating      | 8.88%                 | No            |                  3 | On Loan: No      |
| Consumer Cellular                                  | Consumer Cellular                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      2108 | PA      | $2065959.00   | 1.71%             | 2050-05-06      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Highway 16A Apartments                             | Highway 16A Apartments                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3230769 | PA      | $3211384.61   | 2.65%             | 2030-02-09      | Floating      | 8.11%                 | No            |                  3 | On Loan: No      |
| Carr Riggs & ingram Capital T/L                    | Carr Riggs & ingram Capital T/L                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    643765 | PA      | $643765.00    | 0.53%             | 2031-11-18      | Floating      | 8.25%                 | No            |                  3 | On Loan: No      |
| CCI Buyer (Consumer Cellular) T/L                  | CCI Buyer (Consumer Cellular) T/L                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2815000 | PA      | $2815000.00   | 2.32%             | 2032-05-13      | Floating      | 9.00%                 | No            |                  3 | On Loan: No      |
| Golub Capital Partners Short D                     | Golub Capital Partners Short Duration 2022-1                              | CUSIP: 38179FAY7<br>LEI: 2549003BCD47A99URJ88 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500000.00   | 1.24%             | 2033-07-25      | Floating      | 8.46%                 | No            |                  3 | On Loan: No      |
| Cliffwater T/L                                     | Cliffwater T/L                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1614798 | PA      | $1614797.50   | 1.33%             | 2032-04-22      | Floating      | 8.96%                 | No            |                  3 | On Loan: No      |
| Faraday Buyer T/L (1/24)                           | Faraday Buyer T/L (1/24)                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    340809 | PA      | $340809.16    | 0.28%             | 2028-10-11      | Floating      | 10.00%                | No            |                  3 | On Loan: No      |
| Mandrake BidCo T/L                                 | Mandrake BidCo T/L                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2843280 | PA      | $2843280.00   | 2.35%             | 2031-08-20      | Floating      | 8.34%                 | No            |                  3 | On Loan: No      |
| FloWorks International T/L (11/24)                 | FloWorks International T/L (11/24)                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2019850 | PA      | $2019850.00   | 1.67%             | 2031-11-26      | Floating      | 8.57%                 | No            |                  3 | On Loan: No      |
| FloWorks International Delayed Draw T/L (11/24)    | FloWorks International Delayed Draw T/L (11/24)                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    254000 | PA      | $254000.00    | 0.21%             | 2031-11-26      | Floating      | 9.27%                 | No            |                  3 | On Loan: No      |
| InhabitIQ (1/25) Delayed Draw T/L                  | InhabitIQ (1/25) Delayed Draw T/L                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    372000 | PA      | $370400.40    | 0.31%             | 2032-01-09      | Floating      | 8.80%                 | No            |                  3 | On Loan: No      |
| Einstein Parent T/L (01/25) (Smartsheet)           | Einstein Parent T/L (01/25) (Smartsheet)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1142000 | PA      | $1136290.00   | 0.94%             | 2031-01-22      | Floating      | 10.36%                | No            |                  3 | On Loan: No      |
| NEW FORTRESS ENERGY INC                            | New Fortress Energy Inc                                                   | CUSIP: 64439HAC3<br>LEI: 254900EICTYTCHA5X705 | Long             | LON              | CORP              | US        |   3967522 | PA      | $1618748.94   | 1.34%             | 2028-10-30      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Ideal Components Acquisition Delayed Draw T/L      | Ideal Components Acquisition Delayed Draw T/L                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    419000 | PA      | $415103.30    | 0.34%             | 2032-06-28      | Floating      | 9.30%                 | No            |                  3 | On Loan: No      |
| Ideal Components Acquisition R/C                   | Ideal Components Acquisition R/C                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    349000 | PA      | $345754.30    | 0.29%             | 2032-06-28      | Floating      | 8.82%                 | No            |                  3 | On Loan: No      |
| Flow Traders Holding R/C (10/25)                   | Flow Traders Holding R/C (10/25)                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1005000 | PA      | $990327.00    | 0.82%             | 2031-10-29      | Floating      | 8.97%                 | No            |                  3 | On Loan: No      |
| 1800 Avenue at Port Imperial - Mezz                | 1800 Avenue at Port Imperial - Mezz                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1527000 | PA      | $1519212.30   | 1.25%             | 2029-07-09      | Floating      | 17.25%                | No            |                  3 | On Loan: No      |
| 1800 Avenue at Port Imperial                       | 1800 Avenue at Port Imperial                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4000000 | PA      | $3962800.00   | 3.27%             | 2029-07-09      | Floating      | 10.62%                | No            |                  3 | On Loan: No      |
| Adelaide Borrower T/L                              | Adelaide Borrower T/L                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1843348 | PA      | $1843348.43   | 1.52%             | 2031-05-08      | Floating      | 7.38%                 | No            |                  3 | On Loan: No      |
| Adelaide Borrower Delayed Draw T/L                 | Adelaide Borrower Delayed Draw T/L                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    412000 | PA      | $412000.00    | 0.34%             | 2026-05-08      | Floating      | 8.70%                 | No            |                  3 | On Loan: No      |
| Axiom Global Refinancing T/L                       | Axiom Global Inc., Senior Secured First Lien Term Loan                    | CUSIP: 05464KAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1382500 | PA      | $1382500.00   | 1.14%             | 2028-10-02      | Floating      | 8.44%                 | No            |                  3 | On Loan: No      |
| ASP Integrity Acquisition T/L (3/25)               | ASP Integrity Acquisition T/L (3/25)                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1671600 | PA      | $1649534.88   | 1.36%             | 2032-03-08      | Floating      | 8.74%                 | No            |                  3 | On Loan: No      |
| ASP Integrity Acquisition R/C (3/25)               | ASP Integrity Acquisition R/C (3/25)                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    315000 | PA      | $310842.00    | 0.26%             | 2031-03-05      | Floating      | 10.75%                | No            |                  3 | On Loan: No      |
| Amylu Holdco T/L (6/25)                            | Amylu Holdco T/L (6/25)                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2129000 | PA      | $2129000.00   | 1.76%             | 2031-06-10      | Floating      | 8.74%                 | No            |                  3 | On Loan: No      |
| PERATON CORP                                       | Peraton Corp                                                              | CUSIP: 71360HAG2<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   3025000 | PA      | $2368968.25   | 1.96%             | 2029-02-01      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| PETVET CARE CENTERS R/C (10/23)                    | PetVet Care Centers, LLC, Senior Secured First Lien Revolving Credit Loan | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    226000 | PA      | $215152.00    | 0.18%             | 2029-11-15      | Floating      | 11.32%                | No            |                  3 | On Loan: No      |
| MRI Software Tranche 6 Delayed Draw T/L (08/24)    | MRI Software LLC, Senior Secured First Lien Delayed Draw Loan             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    845674 | PA      | $841445.38    | 0.69%             | 2027-02-10      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Saturn Sound Bidco T/L (12/24)                     | Saturn Sound Bidco T/L (12/24)                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1270000 | PA      | $1259205.00   | 1.04%             | 2031-12-03      | Floating      | 9.23%                 | No            |                  3 | On Loan: No      |
| IREN LTD                                           | IREN Ltd                                                                  | CUSIP: 46270CAJ8<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $936988.51    | 0.77%             | 2033-06-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Uniti Fiber ABS Issuer LLC                         | Uniti Fiber Abs Issuer LLC                                                | CUSIP: 91326EAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2016015.40   | 1.66%             | 2056-01-20      | Fixed         | 7.83%                 | No            |                  2 | On Loan: No      |
| IW BUYER T/L                                       | IW BUYER T/L                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    878827 | PA      | $878827.16    | 0.73%             | 2029-06-16      | Floating      | 9.02%                 | No            |                  3 | On Loan: No      |
| DEMAKES BORROWER T/L                               | DEMAKES BORROWER T/L                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    987412 | PA      | $987412.50    | 0.82%             | 2029-12-12      | Floating      | 10.00%                | No            |                  3 | On Loan: No      |
| ICAT Intermediate Holdings R/C (9/25)              | ICAT Intermediate Holdings R/C (9/25)                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     73000 | PA      | $71985.30     | 0.06%             | 2032-09-29      | Floating      | 10.38%                | No            |                  3 | On Loan: No      |
| Westwood Professional Services T/L                 | Westwood Professional Services T/L                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2300760 | PA      | $2300760.00   | 1.90%             | 2030-09-19      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| FNZ USA FINCO                                      | FNZ USA FinCo LLC                                                         | CUSIP: 30339HAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1492500 | PA      | $1171612.50   | 0.97%             | 2031-11-05      | Floating      | 8.90%                 | No            |                  2 | On Loan: No      |
| Carr Riggs & ingram Capital Delayed Draw T/L       | Carr Riggs & ingram Capital Delayed Draw T/L                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    327652 | PA      | $327652.32    | 0.27%             | 2031-11-07      | Floating      | 8.25%                 | No            |                  3 | On Loan: No      |
| Ideal Components Acquisition T/L                   | Ideal Components Acquisition T/L                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2282000 | PA      | $2260777.40   | 1.87%             | 2032-06-28      | Floating      | 9.00%                 | No            |                  3 | On Loan: No      |
| Bingo Group Buyer 2025 Incremental Delayed Draw T/ | Bingo Group Buyer 2025 Incremental Delayed Draw T/                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    493000 | PA      | $493000.00    | 0.41%             | 2031-07-10      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| The Vesper Senior Loan Delayed Draw T/L            | The Vesper Senior Loan Delayed Draw T/L                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3000000 | PA      | $2996700.00   | 2.47%             | 2027-01-09      | Floating      | 15.95%                | No            |                  3 | On Loan: No      |
| 188 West St. James Senior Delayed Draw T/L         | 188 West St. James Senior Delayed Draw T/L                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5000000 | PA      | $4987500.00   | 4.12%             | 2032-03-20      | Floating      | 10.84%                | No            |                  3 | On Loan: No      |
| IREN LTD                                           | IREN Ltd                                                                  | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |   1500000 | PA      | $1119030.49   | 0.92%             | 2031-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                          | PG&E Corp                                                                 | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |    123705 | NS      | $5071905.00   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Belvedere Bridge Onboarding - Senior               | Belvedere Bridge Onboarding - Senior                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5000000 | PA      | $4958500.00   | 4.09%             | 2028-04-09      | Floating      | 10.47%                | No            |                  3 | On Loan: No      |
| PETVET CARE CENTERS LLC                            | PetVet Care Centers LLC                                                   | CUSIP: N/A<br>LEI: 549300V0HK8MSXZNOM91       | Long             | LON              | CORP              | US        |   1701690 | PA      | $1620008.87   | 1.34%             | 2030-10-24      | Floating      | 9.92%                 | No            |                  3 | On Loan: No      |
| Artifact Bidco Delayed Draw T/L                    | Artifact Bidco Delayed Draw T/L                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    194000 | PA      | $194000.00    | 0.16%             | 2031-05-22      | Floating      | 9.78%                 | No            |                  3 | On Loan: No      |
| Aurora Merger Sub T/L                              | Aurora Merger Sub T/L                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1185000 | PA      | $1185000.00   | 0.98%             | 2031-07-10      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| Aurora Merger Sub Delayed Draw T/L                 | Aurora Merger Sub Delayed Draw T/L                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    564000 | PA      | $564000.00    | 0.47%             | 2031-07-12      | Floating      | 5.30%                 | No            |                  3 | On Loan: No      |
| Big Apple Advisory Delayed Draw T/L (PKF O'Connor  | Big Apple Advisory Delayed Draw T/L (PKF O'Connor                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1169000 | PA      | $1169000.00   | 0.97%             | 2031-11-18      | Floating      | 9.36%                 | No            |                  3 | On Loan: No      |
| InhabitIQ (1/25) R/C                               | InhabitIQ (1/25) R/C                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    232000 | PA      | $231002.40    | 0.19%             | 2032-01-09      | Floating      | 8.80%                 | No            |                  3 | On Loan: No      |
| ASP Integrity Acquisition Delayed Draw T/L (3/25)  | ASP Integrity Acquisition Delayed Draw T/L (3/25)                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    280000 | PA      | $276304.00    | 0.23%             | 2032-03-05      | Floating      | 9.31%                 | No            |                  3 | On Loan: No      |
| Socket Holdings Add-on T/L (03/25)                 | Socket Holdings Add-on T/L (03/25)                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1197000 | PA      | $1186346.70   | 0.98%             | 2031-03-31      | Floating      | 9.17%                 | No            |                  3 | On Loan: No      |
| Lighthouse Intelligence T/L                        | Lighthouse Intelligence T/L                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1159501 | PA      | $1144659.02   | 0.95%             | 2030-04-10      | Floating      | 6.46%                 | No            |                  3 | On Loan: No      |
| SitusAMC Holdings T/L (05/25)                      | SitusAMC Holdings T/L (05/25)                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2815000 | PA      | $2815000.00   | 2.32%             | 2031-05-14      | Floating      | 9.50%                 | No            |                  3 | On Loan: No      |
| Summit Tower                                       | Summit Tower                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3000000 | PA      | $2993400.00   | 2.47%             | 2027-10-09      | Floating      | 8.35%                 | No            |                  3 | On Loan: No      |
| Arctic Holdco (Novvia Project Scarecrow) R/C (1/25 | Arctic Holdco (Novvia Project Scarecrow) R/C (1/25                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    180000 | PA      | $180000.00    | 0.15%             | 2031-01-31      | Floating      | 9.25%                 | No            |                  3 | On Loan: No      |
| Zendesk 3rd Amend 2025 Delayed Draw T/L (11/25)    | Zendesk 3rd Amend 2025 Delayed Draw T/L (11/25)                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     45551 | PA      | $45550.60     | 0.04%             | 2028-11-22      | Floating      | 9.00%                 | No            |                  3 | On Loan: No      |
| Allied Benefit Systems Inter - Amend No.2 T/L Pro  | Allied Benefit Systems Inter - Amend No.2 T/L Pro                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3901590 | PA      | $3901590.00   | 3.22%             | 2030-10-31      | Floating      | 8.73%                 | No            |                  3 | On Loan: No      |
| BLOOM ENERGY CORP                                  | Bloom Energy Corp                                                         | CUSIP: 093712AN7<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1309226.73   | 1.08%             | 2030-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                | Coinbase Global Inc                                                       | CUSIP: 19260QAF4<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1540058.20   | 1.27%             | 2030-04-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                      | EchoStar Corp                                                             | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    360000 | PA      | $1207279.81   | 1.00%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GALAXY DIGITAL HOLDIN LP                           | Galaxy Digital Holdings LP                                                | CUSIP: 36317GAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $630773.36    | 0.52%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BSP EQUIPMENT FINANCING LLC                        | BSP EQUIPMENT FINANCING LLC                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    790501 | NS      | $790501.00    | 0.65%             |  |  |  | No            |                  3 | On Loan: No      |
| VACO HOLDINGS LLC                                  | Vaco Holdings LLC                                                         | CUSIP: 91865FAJ8<br>LEI: 54930076HTNXBP03T379 | Long             | LON              | CORP              | US        |   2472445 | PA      | $2008367.44   | 1.66%             | 2029-01-22      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| IW BUYER R/C                                       | IW BUYER R/C                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    290135 | PA      | $290134.82    | 0.24%             | 2029-06-16      | Floating      | 12.17%                | No            |                  3 | On Loan: No      |
| VOLUNTEER ACQUISITIONCO T/L                        | VOLUNTEER ACQUISITIONCO T/L                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4059311 | PA      | $3905057.36   | 3.22%             | 2029-09-01      | Floating      | 10.32%                | No            |                  3 | On Loan: No      |
| VOLUNTEER ACQUISITIONCO R/C                        | VOLUNTEER ACQUISITIONCO R/C                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    638000 | PA      | $613756.00    | 0.51%             | 2029-09-01      | Floating      | 11.91%                | No            |                  3 | On Loan: No      |
| FARADAY BUYER T/L (11/23)                          | FARADAY BUYER T/L (11/23)                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     72520 | PA      | $72520.00     | 0.06%             | 2028-10-11      | Floating      | 10.00%                | No            |                  3 | On Loan: No      |
| Azurite Intermediate Holdings R/C (03/24)          | Azurite Intermediate Holdings R/C (03/24)                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    187500 | PA      | $187500.00    | 0.15%             | 2031-03-19      | Floating      | 11.83%                | No            |                  3 | On Loan: No      |
| Aurora Merger Sub R/C                              | Aurora Merger Sub R/C                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    226000 | PA      | $226000.00    | 0.19%             | 2031-07-12      | Floating      | 5.30%                 | No            |                  3 | On Loan: No      |
| Bingo Group Buyer Delayed Draw T/L (7/24)          | Bingo Group Buyer Delayed Draw T/L (7/24)                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    243917 | PA      | $243917.42    | 0.20%             | 2031-07-10      | Floating      | 9.30%                 | No            |                  3 | On Loan: No      |
| Bingo Group Buyer R/C (7/24)                       | Bingo Group Buyer R/C (7/24)                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     94000 | PA      | $94000.00     | 0.08%             | 2031-07-10      | Floating      | 9.30%                 | No            |                  3 | On Loan: No      |
| Zendesk Amd No. 1 Delayed Draw T/L                 | Zendesk Amd No. 1 Delayed Draw T/L                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     87014 | PA      | $87013.84     | 0.07%             | 2028-11-22      | Floating      | 9.00%                 | No            |                  3 | On Loan: No      |
| Coalesce Merlin Purchaser Delayed Draw T/L 2       | Coalesce Merlin Purchaser Delayed Draw T/L 2                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    500000 | PA      | $496700.00    | 0.41%             | 2030-09-10      | Floating      | 9.01%                 | No            |                  3 | On Loan: No      |
| Coalesce Merlin Purchaser R/C                      | Coalesce Merlin Purchaser R/C                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    250000 | PA      | $248350.00    | 0.21%             | 2030-09-10      | Floating      | 9.11%                 | No            |                  3 | On Loan: No      |
| Westwood Professional Services R/C                 | Westwood Professional Services R/C                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    349000 | PA      | $349000.00    | 0.29%             | 2031-09-19      | Floating      | 9.57%                 | No            |                  3 | On Loan: No      |
| Carr Riggs & Ingram Capital R/C                    | Carr Riggs & Ingram Capital R/C                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    150000 | PA      | $150000.00    | 0.12%             | 2031-11-18      | Floating      | 9.07%                 | No            |                  3 | On Loan: No      |
| EPE Merger Sub (Electric Power Engineer) T/L B (12 | EPE Merger Sub (Electric Power Engineer) T/L B (12                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1428000 | PA      | $1428000.00   | 1.18%             | 2031-12-31      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| EPE Merger Sub (Electric Power Engineer) Delayed D | EPE Merger Sub (Electric Power Engineer) Delayed D                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    680000 | PA      | $680000.00    | 0.56%             | 2031-12-31      | Floating      | 8.83%                 | No            |                  3 | On Loan: No      |
| Electro-Methods T/L (02/25)                        | Electro-Methods T/L (02/25)                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1765575 | PA      | $1765575.00   | 1.46%             | 2032-02-23      | Floating      | 8.62%                 | No            |                  3 | On Loan: No      |
| Last Dance Intermediate II Initial T/L (Socket Hol | Last Dance Intermediate II Initial T/L (Socket Hol                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1213000 | PA      | $1197109.70   | 0.99%             | 2031-03-31      | Floating      | 9.17%                 | No            |                  3 | On Loan: No      |
| Accel International Holdings T/L (04/25)           | Accel International Holdings T/L (04/25)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1462000 | PA      | $1455421.00   | 1.20%             | 2032-04-26      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Flow Traders Holding T/L (10/25)                   | Flow Traders Holding T/L (10/25)                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2682000 | PA      | $2642842.80   | 2.18%             | 2031-10-29      | Floating      | 8.84%                 | No            |                  3 | On Loan: No      |
| Higginbotham Insurance (HIG Operations) 6th Amd De | Higginbotham Insurance (HIG Operations) 6th Amd De                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    280737 | PA      | $280736.83    | 0.23%             | 2026-09-30      | Floating      | 8.26%                 | No            |                  3 | On Loan: No      |
| BRIGHTLINE EAST LLC                                | Brightline East LLC                                                       | CUSIP: 093536AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $1694535.00   | 1.40%             | 2030-01-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| RIOT PLATFORMS INC                                 | Riot Platforms Inc                                                        | CUSIP: 767292AB1<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1133804.73   | 0.94%             | 2030-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS INC                                | Shift4 Payments Inc                                                       | CUSIP: 82452JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $964615.28    | 0.80%             | 2027-08-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BSP EQUIPMENT FINANCING LLC                        | BSP EQUIPMENT FINANCING LLC                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1194499 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SERRANO PARENT T/L                                 | SERRANO PARENT T/L                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3135000 | PA      | $2915550.00   | 2.41%             | 2030-05-12      | Floating      | 10.36%                | No            |                  3 | On Loan: No      |
| LSF12 DONNELLY BIDCO T/L                           | LSF12 DONNELLY BIDCO T/L                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1102500 | PA      | $1102500.00   | 0.91%             | 2030-09-30      | Floating      | 10.42%                | No            |                  3 | On Loan: No      |
| Mandrake BidCo R/C                                 | Mandrake BidCo R/C                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    517000 | PA      | $517000.00    | 0.43%             | 2031-07-24      | Floating      | 10.10%                | No            |                  3 | On Loan: No      |
| Big Apple Advisory T/L (PKF O'Connor Davies Adviso | Big Apple Advisory T/L (PKF O'Connor Davies Adviso                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2419840 | PA      | $2419840.00   | 2.00%             | 2031-11-18      | Floating      | 8.24%                 | No            |                  3 | On Loan: No      |
| TEI Intermediate R/C                               | TEI Intermediate R/C                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    159000 | PA      | $159000.00    | 0.13%             | 2031-12-13      | Floating      | 10.50%                | No            |                  3 | On Loan: No      |
| Arctic Holdco (Novvia Project Scarecrow) Delayed D | Arctic Holdco (Novvia Project Scarecrow) Delayed D                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    269163 | PA      | $269163.00    | 0.22%             | 2032-02-02      | Floating      | 9.25%                 | No            |                  3 | On Loan: No      |
| Armada Parent R/C                                  | Armada Parent R/C                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    356000 | PA      | $356000.00    | 0.29%             | 2027-10-29      | Floating      | 9.57%                 | No            |                  3 | On Loan: No      |
| Bingo Group Buyer First Amend Incremental T/L (10/ | Bingo Group Buyer First Amend Incremental T/L (10/                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    224000 | PA      | $224000.00    | 0.18%             | 2031-07-10      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| The Vesper Mezz. Delayed Draw T/L                  | The Vesper Mezz. Delayed Draw T/L                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    434783 | PA      | $434304.74    | 0.36%             | 2027-01-09      | Floating      | 15.95%                | No            |                  3 | On Loan: No      |
| Dominion and Montabella                            | Dominion and Montabella                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3000000 | PA      | $3000000.00   | 2.48%             | 2028-02-09      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| EPE Merger Sub (Electric Power Engineer) R/C (12/2 | EPE Merger Sub (Electric Power Engineer) R/C (12/2                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    272000 | PA      | $272000.00    | 0.22%             | 2031-12-31      | Floating      | 8.83%                 | No            |                  3 | On Loan: No      |
| Einstein Parent R/C (01/25) (Smartsheet)           | Einstein Parent R/C (01/25) (Smartsheet)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    118000 | PA      | $117410.00    | 0.10%             | 2030-10-31      | Floating      | 10.80%                | No            |                  3 | On Loan: No      |
| TERAWULF INC                                       | Terawulf Inc                                                              | CUSIP: 88080TAE4<br>LEI: 254900CVMW1SX2T78A64 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1081551.26   | 0.89%             | 2032-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Navesink CLO, Limited                              | Navesink CLO 1 Ltd                                                        | CUSIP: 98886CBC9<br>LEI: 549300Z3UTJMSTE02P68 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250000.00   | 1.03%             | 2033-07-25      | Floating      | 9.46%                 | No            |                  3 | On Loan: No      |
| S&S HOLDINGS LLC                                   | S&S Holdings LLC                                                          | CUSIP: 78524JAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.83%             | 2029-03-12      | Floating      | 12.84%                | No            |                  3 | On Loan: No      |
| Zendesk 2024 T/L - target                          | Zendesk 2024 T/L - target                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    542570 | PA      | $542570.32    | 0.45%             | 2028-11-22      | Floating      | 9.00%                 | No            |                  3 | On Loan: No      |
| Trystar Delayed Draw T/L                           | Trystar Delayed Draw T/L                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    644624 | PA      | $644623.75    | 0.53%             | 2031-08-06      | Floating      | 8.29%                 | No            |                  3 | On Loan: No      |
| Varicent Intermediate Delayed Draw T/L             | Varicent Intermediate Delayed Draw T/L                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    173903 | PA      | $173903.23    | 0.14%             | 2031-08-23      | Floating      | 7.85%                 | No            |                  3 | On Loan: No      |
| Micross (Corfin) T/L                               | Micross (Corfin) T/L                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1116711 | PA      | $1116711.03   | 0.92%             | 2032-01-13      | Floating      | 9.27%                 | No            |                  3 | On Loan: No      |
| Kennedy Lewis CLO Ltd                              | Kennedy Lewis CLO 11 Ltd                                                  | CUSIP: 37149HAU0<br>LEI: 549300LO5FP76OLGQK93 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 1.65%             | 2037-10-20      | Floating      | 8.73%                 | No            |                  3 | On Loan: No      |
| JETBLUE AIRWAYS CORP                               | JetBlue Airways Corp                                                      | CUSIP: 477143AR2<br>LEI: 54930070J9H97ZO93T57 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3152513.65   | 2.60%             | 2029-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MP MATERIALS CORP                                  | MP Materials Corp                                                         | CUSIP: 553368AC5<br>LEI: 89450063PHPS61USMT84 | Long             | DBT              | CORP              | US        |    580000 | PA      | $1448850.04   | 1.20%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                             | Northern Oil & Gas Inc                                                    | CUSIP: 665531AK5<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239547.19    | 0.20%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Belvedere Bridge Onboarding - Mezz                 | Belvedere Bridge Onboarding - Mezz                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    965251 | PA      | $957239.42    | 0.79%             | 2028-04-09      | Floating      | 19.85%                | No            |                  3 | On Loan: No      |
| Artifact Bidco R/C                                 | Artifact Bidco R/C                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    139000 | PA      | $139000.00    | 0.11%             | 2030-05-22      | Floating      | 9.78%                 | No            |                  3 | On Loan: No      |
| Zendesk R/C (07/24)                                | Zendesk R/C (07/24)                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     55000 | PA      | $55000.00     | 0.05%             | 2028-11-22      | Floating      | 9.33%                 | No            |                  3 | On Loan: No      |
| Big Apple Advisory R/C (PKF O'Connor Davies Adviso | Big Apple Advisory R/C (PKF O'Connor Davies Adviso                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    327000 | PA      | $327000.00    | 0.27%             | 2030-11-18      | Floating      | 11.25%                | No            |                  3 | On Loan: No      |
| Last Dance Intermediate II Delayed Draw T/L (Socke | Last Dance Intermediate II Delayed Draw T/L (Socke                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    965000 | PA      | $954192.00    | 0.79%             | 2031-03-31      | Floating      | 9.02%                 | No            |                  3 | On Loan: No      |
| Varicent Intermediate Amd No.1 T/L (10/25)         | Varicent Intermediate Amd No.1 T/L (10/25)                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    826000 | PA      | $826000.00    | 0.68%             | 2031-08-23      | Floating      | 6.78%                 | No            |                  3 | On Loan: No      |
| FANNIE MAE                                         | Federal National Mortgage Association                                     | CUSIP: 313586752<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EP               | USGSE             | US        |     83240 | NS      | $1267745.20   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CORELOGIC INC                                      | CoreLogic Inc                                                             | CUSIP: N/A<br>LEI: 54930086CD8K2UIL0516       | Long             | LON              | CORP              | US        |   1500000 | PA      | $1508745.00   | 1.25%             | 2029-06-04      | Floating      | 10.53%                | No            |                  2 | On Loan: No      |
| Knowledge Pro Buyer Delayed Draw T/L               | Knowledge Pro Buyer Delayed Draw T/L                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    899329 | PA      | $899329.05    | 0.74%             | 2027-12-10      | Floating      | 8.52%                 | No            |                  3 | On Loan: No      |
| TEI Intermediate T/L                               | TEI Intermediate T/L                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1169000 | PA      | $1169000.00   | 0.97%             | 2031-12-13      | Floating      | 8.75%                 | No            |                  3 | On Loan: No      |
| Cold Spring Brewing T/L B1 (12/24)                 | Cold Spring Brewing T/L B1 (12/24)                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1051844 | PA      | $1051844.34   | 0.87%             | 2029-12-10      | Floating      | 8.49%                 | No            |                  3 | On Loan: No      |
| STRATEGY INC                                       | Strategy Inc                                                              | CUSIP: 594972AQ4<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    540000 | PA      | $632274.83    | 0.52%             | 2028-09-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                                       | Strategy Inc                                                              | CUSIP: 594972AT8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $863912.95    | 0.71%             | 2030-03-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                       | MH Sub I LLC                                                              | CUSIP: 55303BAD5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1040412.50   | 0.86%             | 2029-02-23      | Floating      | 10.09%                | No            |                  2 | On Loan: No      |
| SERRANO PARENT R/C                                 | SERRANO PARENT R/C                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    323000 | PA      | $300390.00    | 0.25%             | 2029-05-12      | Floating      | 11.83%                | No            |                  3 | On Loan: No      |
| REALTRUCK GROUP INC                                | Realtruck Group Inc                                                       | CUSIP: 89778PAH0<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |    988722 | PA      | $762798.75    | 0.63%             | 2028-01-31      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| Azurite Intermediate Holdings T/L (3/24)           | Azurite Intermediate Holdings T/L (3/24)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    515625 | PA      | $515625.00    | 0.43%             | 2031-03-19      | Floating      | 9.92%                 | No            |                  3 | On Loan: No      |
| Artifact Bidco T/L                                 | Artifact Bidco T/L                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    792000 | PA      | $792000.00    | 0.65%             | 2031-05-22      | Floating      | 8.15%                 | No            |                  3 | On Loan: No      |
| Trystar R/C                                        | Trystar R/C                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    322000 | PA      | $322000.00    | 0.27%             | 2031-08-06      | Floating      | 9.73%                 | No            |                  3 | On Loan: No      |
| Varicent Intermediate T/L                          | Varicent Intermediate T/L                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1071542 | PA      | $1071542.21   | 0.88%             | 2031-08-23      | Floating      | 6.63%                 | No            |                  3 | On Loan: No      |
| Trystar First Amend T/L (09/24)                    | Trystar First Amend T/L (09/24)                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    531980 | PA      | $531980.00    | 0.44%             | 2031-08-06      | Floating      | 8.09%                 | No            |                  3 | On Loan: No      |
| TEI Intermediate Delayed Draw T/L                  | TEI Intermediate Delayed Draw T/L                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    374000 | PA      | $374000.00    | 0.31%             | 2031-12-13      | Floating      | 8.82%                 | No            |                  3 | On Loan: No      |
| Megavolt Borrower T/L                              | Megavolt Borrower T/L                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1897245 | PA      | $1897245.00   | 1.57%             | 2032-02-13      | Floating      | 8.75%                 | No            |                  3 | On Loan: No      |
| Lighthouse Intelligence R/C                        | Lighthouse Intelligence R/C                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    439000 | PA      | $433380.80    | 0.36%             | 2030-04-10      | Floating      | 9.58%                 | No            |                  3 | On Loan: No      |
| Accel International Holdings R/C (04/25)           | Accel International Holdings R/C (04/25)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    251000 | PA      | $249870.50    | 0.21%             | 2032-04-26      | Floating      | 8.78%                 | No            |                  3 | On Loan: No      |
| Amylu Holdco R/C (6/25)                            | Amylu Holdco R/C (6/25)                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    426000 | PA      | $426000.00    | 0.35%             | 2031-06-10      | Floating      | 9.31%                 | No            |                  3 | On Loan: No      |
| Knowledge Pro Buyer Amendment No. 5 Incremental T/ | Knowledge Pro Buyer Amendment No. 5 Incremental T/                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     44775 | PA      | $44775.00     | 0.04%             | 2027-12-10      | Floating      | 8.52%                 | No            |                  3 | On Loan: No      |
| Reagent Chemical & Research T/L                    | Reagent Chemical & Research T/L                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    517000 | PA      | $517000.00    | 0.43%             | 2031-04-30      | Floating      | 9.17%                 | No            |                  3 | On Loan: No      |
| Varicent Intermediate Amd No. 1 Delayed Draw T/L ( | Varicent Intermediate Amd No. 1 Delayed Draw T/L (                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    203000 | PA      | $203000.00    | 0.17%             | 2031-08-23      | Floating      | 9.65%                 | No            |                  3 | On Loan: No      |
| X CORP                                             | X Corp                                                                    | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2993622 | PA      | $2980779.81   | 2.46%             | 2029-10-29      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CCI Buyer (Consumer Cellular) R/C                  | CCI Buyer (Consumer Cellular) R/C                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    164000 | PA      | $164000.00    | 0.14%             | 2032-05-13      | Floating      | 9.33%                 | No            |                  3 | On Loan: No      |
| Hometown Food T/L B (4/25)                         | Hometown Food T/L B (4/25)                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1067650 | PA      | $1058254.44   | 0.87%             | 2030-10-31      | Floating      | 8.28%                 | No            |                  3 | On Loan: No      |
| Amylu Holdco Delayed Draw T/L (6/25)               | Amylu Holdco Delayed Draw T/L (6/25)                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    365000 | PA      | $365000.00    | 0.30%             | 2031-06-10      | Floating      | 9.31%                 | No            |                  3 | On Loan: No      |
| IW Buyer Amend No.3 T/L (7/25)                     | IW Buyer Amend No.3 T/L (7/25)                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1019057 | PA      | $1019056.64   | 0.84%             | 2029-06-28      | Floating      | 9.26%                 | No            |                  3 | On Loan: No      |
| ICAT Intermediate Holdings Delayed Draw T/L (9/25) | ICAT Intermediate Holdings Delayed Draw T/L (9/25)                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    483000 | PA      | $476286.30    | 0.39%             | 2032-09-29      | Floating      | 10.21%                | No            |                  3 | On Loan: No      |
| ICAT Intermediate Holdings T/L (9/25)              | ICAT Intermediate Holdings T/L (9/25)                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    966000 | PA      | $952572.60    | 0.79%             | 2032-09-29      | Floating      | 10.17%                | No            |                  3 | On Loan: No      |
| 188 West St. James Mezz Delayed Draw T/L           | 188 West St. James Mezz Delayed Draw T/L                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1237748 | PA      | $1225370.52   | 1.01%             | 2032-03-20      | Floating      | 14.00%                | No            |                  3 | On Loan: No      |
| NORTHERN OIL & GAS INC                             | Northern Oil & Gas Inc                                                    | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $483166.70    | 0.40%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Hallandale_DDTL_S                                  | Hallandale_DDTL_S                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4294118 | PA      | $4280805.89   | 3.54%             | 2029-07-30      | Floating      | 12.61%                | No            |                  3 | On Loan: No      |
| Higgin_Pref                                        | Higgin_Pref                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |       522 | PA      | $514170.00    | 0.42%             | 2028-11-25      | Variable      | 10500.00%             | No            |                  3 | On Loan: No      |
| FLASH CHARM INC                                    | Flash Charm Inc                                                           | CUSIP: 45168RAS2<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |   1844512 | PA      | $1660060.97   | 1.37%             | 2029-03-02      | Floating      | 10.75%                | No            |                  3 | On Loan: No      |
| Knowledge Pro Buyer R/C                            | Knowledge Pro Buyer R/C                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    180000 | PA      | $180000.00    | 0.15%             | 2027-12-10      | Floating      | 11.00%                | No            |                  3 | On Loan: No      |
| Cliffwater R/C                                     | Cliffwater R/C                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    154000 | PA      | $154000.00    | 0.13%             | 2032-04-09      | Floating      | 9.31%                 | No            |                  3 | On Loan: No      |
| Azurite Intermediate Holdings Delayed Draw T/L (03 | Azurite Intermediate Holdings Delayed Draw T/L (03                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1171875 | PA      | $1171875.00   | 0.97%             | 2031-03-19      | Floating      | 9.92%                 | No            |                  3 | On Loan: No      |
| Bingo Group Buyer T/L (7/24)                       | Bingo Group Buyer T/L (7/24)                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    780120 | PA      | $780120.00    | 0.64%             | 2031-07-10      | Floating      | 8.75%                 | No            |                  3 | On Loan: No      |
| IW Buyer Amend No. 2 T/L (8/24)                    | IW Buyer Amend No. 2 T/L (8/24)                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    150987 | PA      | $150987.35    | 0.12%             | 2029-06-28      | Floating      | 8.96%                 | No            |                  3 | On Loan: No      |
| Varicent Intermediate R/C                          | Varicent Intermediate R/C                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    223000 | PA      | $223000.00    | 0.18%             | 2031-08-23      | Floating      | 5.50%                 | No            |                  3 | On Loan: No      |
| Coalesce Merlin Purchaser T/L                      | Coalesce Merlin Purchaser T/L                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    893250 | PA      | $887354.55    | 0.73%             | 2030-09-10      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| Rialto Managment Group R/C (12/24)                 | Rialto Managment Group R/C (12/24)                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     39000 | PA      | $39000.00     | 0.03%             | 2030-12-05      | Floating      | 9.53%                 | No            |                  3 | On Loan: No      |
| Saturn Sound Bidco Delayed Draw T/L (12/24)        | Saturn Sound Bidco Delayed Draw T/L (12/24)                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    231000 | PA      | $229036.50    | 0.19%             | 2031-12-03      | Floating      | 9.78%                 | No            |                  3 | On Loan: No      |
| Arctic Holdco (Novvia Project Scarecrow) T/L B (1/ | Arctic Holdco (Novvia Project Scarecrow) T/L B (1/                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2356195 | PA      | $2356195.00   | 1.95%             | 2032-01-31      | Floating      | 9.25%                 | No            |                  3 | On Loan: No      |
| Electro-Methods R/C (02/25)                        | Electro-Methods R/C (02/25)                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    425000 | PA      | $425000.00    | 0.35%             | 2032-02-23      | Floating      | 9.08%                 | No            |                  3 | On Loan: No      |
| Lighthouse Intelligence Delayed Draw T/L           | Lighthouse Intelligence Delayed Draw T/L                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    615000 | PA      | $607128.00    | 0.50%             | 2030-04-10      | Floating      | 9.58%                 | No            |                  3 | On Loan: No      |
| Armada Parent 3th Amend 2025 T/L                   | Armada Parent 3th Amend 2025 T/L                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2995945 | PA      | $2995945.00   | 2.47%             | 2030-10-29      | Floating      | 9.07%                 | No            |                  3 | On Loan: No      |
| WIN Holdings III 2025 Amendment T/L                | WIN Holdings III 2025 Amendment T/L                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1130000 | PA      | $1130000.00   | 0.93%             | 2028-07-16      | Floating      | 9.06%                 | No            |                  3 | On Loan: No      |
| SkyWater Technology (6/25) R/C                     | SkyWater Technology (6/25) R/C                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4297000 | PA      | $4248873.60   | 3.51%             | 2030-06-30      | Floating      | 9.29%                 | No            |                  3 | On Loan: No      |
| ALIBABA GROUP HOLDING                              | Alibaba Group Holding Ltd                                                 | CUSIP: YK0592740<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $1031852.82   | 0.85%             | 2032-09-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VOLUNTEER ACQUISITIONCO DELAYED DRAW T/L           | VOLUNTEER ACQUISITIONCO DELAYED DRAW T/L                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    315810 | PA      | $303809.22    | 0.25%             | 2029-09-01      | Floating      | 10.83%                | No            |                  3 | On Loan: No      |
| Adelaide Borrower R/C                              | Adelaide Borrower R/C                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    258000 | PA      | $258000.00    | 0.21%             | 2031-05-08      | Floating      | 8.70%                 | No            |                  3 | On Loan: No      |
| Westwood Professional Services Delayed Draw T/L    | Westwood Professional Services Delayed Draw T/L                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    671913 | PA      | $671912.65    | 0.55%             | 2031-09-19      | Floating      | 8.82%                 | No            |                  3 | On Loan: No      |
| X.AI LLC                                           | X.AI LLC                                                                  | CUSIP: 98402XAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1995000 | PA      | $2091837.30   | 1.73%             | 2030-06-28      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| Armada Parent 3th Amend 2025 Delayed Draw T/L      | Armada Parent 3th Amend 2025 Delayed Draw T/L                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    207000 | PA      | $207000.00    | 0.17%             | 2030-10-29      | Floating      | 9.56%                 | No            |                  3 | On Loan: No      |
| LUCID GROUP INC                                    | Lucid Group Inc                                                           | CUSIP: 549498AC7<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $1756169.41   | 1.45%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARA HOLDINGS INC                                  | MARA Holdings Inc                                                         | CUSIP: 565788AJ5<br>LEI: 549300M8ISKPTX2W7F94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $684439.25    | 0.57%             | 2032-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MRI Software LLC                                   | MRI Software LLC, Senior Secured First Lien Term Loan                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    273853 | PA      | $273853.40    | 0.23%             | 2026-02-10      | Floating      | 8.75%                 | No            |                  3 | On Loan: No      |
| NEPTUNE BIDCO US INC                               | Neptune Bidco US Inc                                                      | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |   1232310 | PA      | $1217214.62   | 1.01%             | 2029-04-11      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| Reagent Chemical & Research T/L                    | Reagent Chemical & Research T/L                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2299522 | PA      | $2299522.50   | 1.90%             | 2030-04-01      | Floating      | 9.17%                 | No            |                  3 | On Loan: No      |
| Last Dance Intermediate II R/C (Socket Holdings Co | Last Dance Intermediate II R/C (Socket Holdings Co                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    248000 | PA      | $245222.40    | 0.20%             | 2031-03-31      | Floating      | 9.57%                 | No            |                  3 | On Loan: No      |
| Galaxy Digital Holdings LP                         | Galaxy Digital Holdings LP                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1973000.00   | 1.63%             | 2026-03-11      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** Franklin BSP Private Credit Fund

**Signature:** Nina Baryski

**Name of Signer:** Nina Baryski

**Title:** Managing Director