# EDGAR Filing Document

**Accession Number:** 0001842754
**File Stem:** 0001193125-25-295461
**Filing Date:** 2025-11
**Character Count:** 178539
**Document Hash:** 329ccfba71841e331bdd6d0e55c1010f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-295461.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001193125-25-295461

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cliffwater Enhanced Lending Fund
- **CENTRAL INDEX KEY:** 0001842754

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23630
- **FILM NUMBER:** 251516128

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2270

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Cliffwater Enhanced Lending Fund

- **b. Investment Company Act file number:** 811-23630

- **c. CIK number of Registrant:** 0001842754

- **d. LEI of Registrant:** 549300GSOYHH68H7U345

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53212

  - **Telephone number:** 41429920000

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

- **a. Name of Series:** Cliffwater Enhanced Lending Fund

- **c. LEI of Series:** 549300GSOYHH68H7U345

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $7573778695.59

**Total Liabilities:** $645305129.79

**Net Assets:** $6928473565.80

**Cash Not Reported:** $63954701.34

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.61%                | 0.82%                | 0.91%                |
| Class ID N/A |  |  | 0.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $20791342.20             | $-32256504.70                              |
| Month 2  | $-6304482.86             | $54463306.60                               |
| Month 3  | $1435306.43              | $25141651.37                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| BP HOLDINGS EMBERGLOW LLC   /                  | BP HOLDINGS EMBERGLOW LLC   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $892621.15    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| BP-HS LOT OPTION JOINT VENTURE VI LLC   /      | BP-HS LOT OPTION JOINT VENTURE VI LLC   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3556844.19   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| BP HOLDINGS TAU LLC    /                       | BP HOLDINGS TAU LLC    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7289856.39   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| BSOF Parallel Onshor Class SRT Enhanced   /    | BSOF Parallel Onshor Class SRT Enhanced   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $108847243.02 | 1.57%             |  |  |  | No            | N/A                | On Loan: No      |
| BSOF SRT ONSHORE CLASS SRT SERIES 6   /        | BSOF SRT ONSHORE CLASS SRT SERIES 6   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $147199308.19 | 2.12%             |  |  |  | No            | N/A                | On Loan: No      |
| BSP PIONEER INVESTOR FEEDER LP   /             | BSP PIONEER INVESTOR FEEDER LP   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $52581959.32  | 0.76%             |  |  |  | No            | N/A                | On Loan: No      |
| BSOF SRT PARALLER FUND ABSOLUTE III   /        | BSOF SRT PARALLER FUND ABSOLUTE III   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3787019.40   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| BSOF SRT PARALLER FUND CHESTNUT II   /         | BSOF SRT PARALLER FUND CHESTNUT II   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20600097.68  | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| BSOF SRT PARALLEL COLONNADE SERIES 3   /       | BSOF SRT PARALLEL COLONNADE SERIES 3   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $10534955.33  | 0.15%             |  |  |  | No            | N/A                | On Loan: No      |
| BLACKSTONE TACTICAL OPPORTUNITIES FUND   /     | BLACKSTONE TACTICAL OPPORTUNITIES FUND   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2567988.02   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| BURDORD ADVANTAGE FEEDER FUND A LP   /         | BURDORD ADVANTAGE FEEDER FUND A LP   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2748587.62   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| CIPRIANI USA, Inc. DELAYED DRAW TERM LO   /    | CIPRIANI USA, Inc. DELAYED DRAW TERM LO   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9511042 | PA      | $9511042.11   | 0.14%             | 2029-09-30      | Fixed         | 13.00%                | No            | 3                  | On Loan: No      |
| CAD FORWARD CONTRACT 10/01/25   /              | CAD FORWARD CONTRACT 10/01/25   /                                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | CA        |       -54 | OU      | $-38.55       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CAD FORWARD CONTRACT 10/31/2025   /            | CAD FORWARD CONTRACT 10/31/2025   /                                          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | CA        |        54 | OU      | $38.61        | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| CAD FORWARD CONTRACT 10/31/2025   /            | CAD FORWARD CONTRACT 10/31/2025   /                                          | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | CA        |       -54 | OU      | $-38.61       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| CALLODINE COMMERCIAL    /                      | CALLODINE COMMERCIAL    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        | 118514400 | PA      | $118514400.00 | 1.71%             | 2027-06-03      | Variable      | 10.50%                | No            | 3                  | On Loan: No      |
| CALLODINE COMMERCIAL FULLY FUNDED DDTL   /     | CALLODINE COMMERCIAL FULLY FUNDED DDTL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12500000 | PA      | $12500000.00  | 0.18%             | 2027-06-03      | Variable      | 10.50%                | No            | 3                  | On Loan: No      |
| CALLODINE PERPETUAL ABL FUND LP   /            | CALLODINE PERPETUAL ABL FUND LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $85519832.00  | 1.23%             |  |  |  | No            | N/A                | On Loan: No      |
| CALIFORNIA MUNICIPAL    /                      | CALIFORNIA MUNICIPAL    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10000000 | PA      | $9845000.00   | 0.14%             | 2034-12-02      | Fixed         | 12.25%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND (PARALLEL) III   /     | CARLYLE CREDIT OPP FUND (PARALLEL) III   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8047170.62   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| CARLYLE CREDIT OPP FUND II SCS   /             | CARLYLE CREDIT OPP FUND II SCS   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7079591.20   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1482036 | PA      | $1547838.34   | 0.02%             | 2038-09-15      | Variable      | 13.42%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1552096 | PA      | $1621008.87   | 0.02%             | 2038-09-15      | Variable      | 13.46%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    434865 | PA      | $454172.92    | 0.01%             | 2038-09-15      | Variable      | 13.53%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    467249 | PA      | $487994.98    | 0.01%             | 2038-09-15      | Variable      | 13.53%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    255269 | PA      | $266603.14    | 0.00%             | 2038-09-15      | Variable      | 13.48%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    105818 | PA      | $110516.52    | 0.00%             | 2038-09-15      | Variable      | 13.25%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2970198 | PA      | $3102074.63   | 0.04%             | 2038-09-15      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    899132 | PA      | $939053.26    | 0.01%             | 2038-09-15      | Variable      | 13.53%                | No            | 3                  | On Loan: No      |
| CARLYLE CREDIT OPP FUND III PRIVATE SEC   /    | CARLYLE CREDIT OPP FUND III PRIVATE SEC   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3509984 | PA      | $3665827.46   | 0.05%             | 2038-09-15      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| CCOF ALERA AGGREGATOR LP   /                   | CCOF ALERA AGGREGATOR LP   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7012277.28   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| CCI BUYER, Inc.    /                           | CCI BUYER, Inc.    /                                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        50 | NS      | $5132280.82   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| CLIFFWATER ENHANCED REV   /                    | CLIFFWATER ENHANCED REV   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2353171 | PA      | $2353171.32   | 0.03%             | 2030-09-02      | Fixed         | 10.80%                | No            | 3                  | On Loan: No      |
| CLIFFWATER ENHANCED REV   /                    | CLIFFWATER ENHANCED REV   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  19575594 | PA      | $19575593.68  | 0.28%             | 2030-09-02      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| CLEAR SPV V U.S. LP - TL   /                   | CLEAR SPV V U.S. LP - TL   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15000000 | PA      | $15000000.00  | 0.22%             | 2027-04-03      | Variable      | 15.16%                | No            | 3                  | On Loan: No      |
| CLEARO - PSC WARRANT POLLEN STREET CAP   /     | CLEARO - PSC WARRANT POLLEN STREET CAP   /                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |  25228521 | NC      | $0.00         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| CL Nevermore Holdco LP   /                     | CL Nevermore Holdco LP   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4593991.15   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| CL OLIVER Co. INVEST L.P.   /                  | CL OLIVER Co. INVEST L.P.   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $12411402.35  | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| CRESTLINE PF SENTRY FUND (US) LP   /           | CRESTLINE PF SENTRY FUND (US) LP   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $10001315.41  | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| CRESTLINE PF SENTRY FUND LP   /                | CRESTLINE PF SENTRY FUND LP   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $5022212.87   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| P20 PARENT, INC. TERM LOAN   /                 | P20 PARENT, INC. TERM LOAN   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4862500 | PA      | $4807309.07   | 0.07%             | 2028-07-12      | Variable      | 11.50%                | No            | 3                  | On Loan: No      |
| PATHLIGHT CAPITAL EVERGREEN FUND   /           | PATHLIGHT CAPITAL EVERGREEN FUND   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $44433885.93  | 0.64%             |  |  |  | No            | N/A                | On Loan: No      |
| PATHLIGHT CAPITAL FUND II LP   /               | PATHLIGHT CAPITAL FUND II LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $14046931.90  | 0.20%             |  |  |  | No            | N/A                | On Loan: No      |
| PELICAN POWER LLC    /                         | PELICAN POWER LLC    /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  25000000 | PA      | $24500000.00  | 0.35%             | 2030-08-29      | Variable      | 9.70%                 | No            | 3                  | On Loan: No      |
| RPO1 LLC CLOSING TL   /                        | RPO1 LLC CLOSING TL   /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  28235294 | PA      | $27788127.98  | 0.40%             | 2030-07-10      | Variable      | 13.42%                | No            | 3                  | On Loan: No      |
| RPO1 LLC BRIDGE TL   /                         | RPO1 LLC BRIDGE TL   /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7058824 | PA      | $7058823.53   | 0.10%             | 2026-07-10      | Fixed         | 24.00%                | No            | 3                  | On Loan: No      |
| SB DOF SPEEDWAY LLC   /                        | SB DOF SPEEDWAY LLC   /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $10302412.20  | 0.15%             |  |  |  | No            | N/A                | On Loan: No      |
| SC OPPORTUNITIES HOLDING LP   /                | SC OPPORTUNITIES HOLDING LP   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $40616601.88  | 0.59%             |  |  |  | No            | N/A                | On Loan: No      |
| CIPRIANI USA, Inc. DELAYED DRAW TERM LO   /    | CIPRIANI USA, Inc. DELAYED DRAW TERM LO   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5921053 | PA      | $5921052.63   | 0.09%             | 2029-09-30      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| CORDEVIGO INTERIM LUZ BIDCO(KALLE) TL   /      | CORDEVIGO INTERIM LUZ BIDCO(KALLE) TL   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8220000 | PA      | $8016732.68   | 0.12%             | 2032-04-11      | Variable      | 11.52%                | No            | 3                  | On Loan: No      |
| CAD FORWARD CONTRACT 10/01/25   /              | CAD FORWARD CONTRACT 10/01/25   /                                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | CA        |        54 | OU      | $38.55        | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| CCOF III NEXUS Co. INVEST AGGREGATOR   /       | CCOF III NEXUS Co. INVEST AGGREGATOR   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $6495128.76   | 0.09%             |  |  |  | No            | N/A                | On Loan: No      |
| CHEVAL BLANC Co.-INVEST LP   /                 | CHEVAL BLANC Co.-INVEST LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16082325.88  | 0.23%             |  |  |  | No            | N/A                | On Loan: No      |
| CHILLY HP SCF INVEST LP   /                    | CHILLY HP SCF INVEST LP   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3809463.91   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| CHAMBERTIN CAPITAL TERM LOAN   /               | CHAMBERTIN CAPITAL TERM LOAN   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   7406310 | PA      | $9960072.86   | 0.14%             | 2030-06-20      | Variable      | 10.87%                | No            | 3                  | On Loan: No      |
| PENN TRGRP HOLDINGS TL   /                     | PENN TRGRP HOLDINGS TL   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5312920 | PA      | $5273072.65   | 0.08%             | 2030-09-29      | Variable      | 11.25%                | No            | 3                  | On Loan: No      |
| PEPPERTREE CAPITAL FUND VI QP, LP   /          | PEPPERTREE CAPITAL FUND VI QP, LP   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1636641.00   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| PEPPERTREE CAPITAL FUND VI QP, LP 2   /        | PEPPERTREE CAPITAL FUND VI QP, LP 2   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $18657722.00  | 0.27%             |  |  |  | No            | N/A                | On Loan: No      |
| PEPPERTREE CAPITAL FUND VI QP, LP 3   /        | PEPPERTREE CAPITAL FUND VI QP, LP 3   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $12438481.00  | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| PEPPERTREE CAPITAL FUND VII QP, LP   /         | PEPPERTREE CAPITAL FUND VII QP, LP   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $11770882.00  | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| PEPPERTREE CAPITAL FUND VII QP, LP 2   /       | PEPPERTREE CAPITAL FUND VII QP, LP 2   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8271434.00   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| PG LENDING FUND I,LP    /                      | PG LENDING FUND I,LP    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $83935921.56  | 1.21%             |  |  |  | No            | N/A                | On Loan: No      |
| PINE VALLEY PARTNERS EVERGREEN FUND LP   /     | PINE VALLEY PARTNERS EVERGREEN FUND LP   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $34585076.57  | 0.50%             |  |  |  | No            | N/A                | On Loan: No      |
| Pollen,, Inc. SeriesH1 Preferred Stock   /     | Pollen,, Inc. SeriesH1 Preferred Stock   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    108305 | NS      | $4280777.69   | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| Pollen,, Inc. SeriesH2 Preferred Stock   /     | Pollen,, Inc. SeriesH2 Preferred Stock   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     64983 | NS      | $2140605.45   | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| PRACTICETEK PURCHASE DELAYED DRAW   /          | PRACTICETEK PURCHASE DELAYED DRAW   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1934381 | PA      | $1897047.53   | 0.03%             | 2029-08-30      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| PRACTICETEK PURCHASE TERM LOAN   /             | PRACTICETEK PURCHASE TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6241242 | PA      | $6120786.46   | 0.09%             | 2029-08-30      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| PRACTICETEK PURCHASE TERM LOAN PIK   /         | PRACTICETEK PURCHASE TERM LOAN PIK   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2137191 | PA      | $2161982.10   | 0.03%             | 2029-08-30      | Fixed         | 14.00%                | No            | 3                  | On Loan: No      |
| Prime Finance & Investment Ltd                 | Prime Finance & Investment Ltd.                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | BD        |         1 | NS      | $16571421.63  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| PROLACTA BIOSCIENCE, TRANCHE B Emerald De   /  | PROLACTA BIOSCIENCE, TRANCHE B Emerald De   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6143293 | PA      | $6083864.69   | 0.09%             | 2029-12-21      | Variable      | 9.44%                 | No            | 3                  | On Loan: No      |
| PROLACTA BIOSCIENCE, TRANCHE A Emerald De   /  | PROLACTA BIOSCIENCE, TRANCHE A Emerald De   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1981707 | PA      | $1962537.00   | 0.03%             | 2029-12-21      | Variable      | 13.01%                | No            | 3                  | On Loan: No      |
| HAYFIN HEALTHCARE OPPORT INVEST LP   /         | HAYFIN HEALTHCARE OPPORT INVEST LP   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3958334 | NS      | $5779167.64   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| PROPHARMA LLC PREFERRED EQUITY   /             | PROPHARMA LLC PREFERRED EQUITY   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      2500 | NS      | $4305791.10   | 0.06%             |  |  |  | No            | 3                  | On Loan: No      |
| PSC CREDIT IV (A)    /                         | PSC CREDIT IV (A)    /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $33580328.42  | 0.48%             |  |  |  | No            | N/A                | On Loan: No      |
| PINE VALLEY CAPITAL SLATER SLATER SCHULM   /   | PINE VALLEY CAPITAL SLATER SLATER SCHULM   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $23465947.40  | 0.34%             |  |  |  | No            | N/A                | On Loan: No      |
| PINE VALLEY CAPITAL Co.-INVEST I, LP   /       | PINE VALLEY CAPITAL Co.-INVEST I, LP   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20238156.68  | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| RAVEN ASSET FUND II FUND V-L LP   /            | RAVEN ASSET FUND II FUND V-L LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20812077.13  | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| RAPYD NETHERLANDS B.V. TERM LOAN   /           | RAPYD NETHERLANDS B.V. TERM LOAN   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15000000 | PA      | $14935803.84  | 0.22%             | 2030-08-31      | Variable      | 14.86%                | No            | 3                  | On Loan: No      |
| RCP FUND II HOLDCO L    /                      | RCP FUND II HOLDCO L    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  25000000 | PA      | $25000000.00  | 0.36%             | 2029-09-28      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| REDWOOD ENHANCED INCOME Corp.   /              | REDWOOD ENHANCED INCOME Corp.   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1988166 | NS      | $23900226.77  | 0.34%             |  |  |  | No            | N/A                | On Loan: No      |
| RISKCONNECT CUMULATI SERIES C PREF EQUITY   /  | RISKCONNECT CUMULATI SERIES C PREF EQUITY   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1071 | NS      | $1272010.84   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| RISKCONNECT CUMULATI SERIES B PREF EQUITY   /  | RISKCONNECT CUMULATI SERIES B PREF EQUITY   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3000 | NS      | $4747132.72   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| RLCF Co. INVEST LLC    /                       | RLCF Co. INVEST LLC    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $9337944.10   | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| RAPYD FINANCIAL NETWORK(2016) Ltd.   /         | RAPYD FINANCIAL NETWORK(2016) Ltd.   /                                       | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     39518 | NC      | $0.00         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| SERVICE COMPRESSION JR PREFERRED SHARES   /    | SERVICE COMPRESSION JR PREFERRED SHARES   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40919 | NS      | $139549.59    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| SERVICE COMPRESSION WARRANTS   /               | SERVICE COMPRESSION WARRANTS   /                                             | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |         1 | NC      | $54946.52     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| SHAMROCK ONSHORE FUND LP   /                   | SHAMROCK ONSHORE FUND LP   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7849976.69   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| STEWARD HC SYSTEMS LITIGATION TRUST A-1   /    | STEWARD HC SYSTEMS LITIGATION TRUST A-1   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3073387.48   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| BANNER RIDGE DSCO FUND I OFFSHORE LP   /       | BANNER RIDGE DSCO FUND I OFFSHORE LP   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20748443.00  | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| BANNER RIDGE DSCO FUND II OFFSHORE LP   /      | BANNER RIDGE DSCO FUND II OFFSHORE LP   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $29175305.00  | 0.42%             |  |  |  | No            | N/A                | On Loan: No      |
| BANNER RIDGE SECONDARY FUND V LP   /           | BANNER RIDGE SECONDARY FUND V LP   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $152771283.00 | 2.20%             |  |  |  | No            | N/A                | On Loan: No      |
| BANNER RIDGE SECONDARY FUND IV LP   /          | BANNER RIDGE SECONDARY FUND IV LP   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $5781455.00   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| BARINGS CAPITAL SLTN PERPETUAL FUND LP   /     | BARINGS CAPITAL SLTN PERPETUAL FUND LP   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    409884 | NS      | $45007529.66  | 0.65%             |  |  |  | No            | N/A                | On Loan: No      |
| BAUSCH RECEIVABLES FUNDING LP - REV 1L   /     | BAUSCH RECEIVABLES FUNDING LP - REV 1L   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8000000 | PA      | $8000000.01   | 0.12%             | 2028-01-28      | Variable      | 10.78%                | No            | 3                  | On Loan: No      |
| BAXTERS NORTH AMERIC, Inc. TL   /              | BAXTERS NORTH AMERIC, Inc. TL   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5979284 | PA      | $5874923.30   | 0.08%             | 2028-05-31      | Variable      | 11.07%                | No            | 3                  | On Loan: No      |
| BBQ BUYER, LLC BRIGADE CAPITAL   /             | BBQ BUYER, LLC BRIGADE CAPITAL   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3201970 | PA      | $3137931.03   | 0.05%             | 2030-09-05      | Fixed         | 0.75%                 | No            | 3                  | On Loan: No      |
| BBQ BUYER, LLC BRIGADE CAPITAL   /             | BBQ BUYER, LLC BRIGADE CAPITAL   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  46798030 | PA      | $45862068.97  | 0.66%             | 2030-09-05      | Variable      | 12.75%                | No            | 3                  | On Loan: No      |
| Barings BDC Inc                                | Barings BDC, Inc.                                                            | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    126753 | NS      | $1110356.28   | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| BENEFIT STREET PARTN REAL ESTATE OPP DEBT   /  | BENEFIT STREET PARTN REAL ESTATE OPP DEBT   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $34749077.38  | 0.50%             |  |  |  | No            | N/A                | On Loan: No      |
| BLAZING STAR PARENT,    /                      | BLAZING STAR PARENT,    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  29000000 | PA      | $28275000.00  | 0.41%             | 2030-08-28      | Variable      | 11.20%                | No            | 3                  | On Loan: No      |
| BLUEFIN HOLDING LLC 2024, Inc. TL   /          | BLUEFIN HOLDING LLC 2024, Inc. TL   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1153846 | PA      | $1150961.53   | 0.02%             | 2029-09-12      | Variable      | 10.31%                | No            | 3                  | On Loan: No      |
| BLUESIGHT, Inc. REV   /                        | BLUESIGHT, Inc. REV   /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    400000 | PA      | $392729.42    | 0.01%             | 2029-07-17      | Fixed         | 12.47%                | No            | 3                  | On Loan: No      |
| BLUESIGHT, Inc. TL   /                         | BLUESIGHT, Inc. TL   /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4600000 | PA      | $4516388.38   | 0.07%             | 2029-07-17      | Variable      | 11.25%                | No            | 3                  | On Loan: No      |
| BOOST Co. INVEST LP    /                       | BOOST Co. INVEST LP    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |         1 | NS      | $8972359.58   | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| BLUE OWL TECHNOLOGY FINANCE Corp. A1   /       | BLUE OWL TECHNOLOGY FINANCE Corp. A1   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         0 | NS      | $921138.54    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| BLUE OWL TECHNOLOGY FINANCE Corp. A2   /       | BLUE OWL TECHNOLOGY FINANCE Corp. A2   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $260640.00    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BP HOLDINGS MAIZE ASAP HOTEL   /               | BP HOLDINGS MAIZE ASAP HOTEL   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $32942134.43  | 0.48%             |  |  |  | No            | N/A                | On Loan: No      |
| BPC REAL ESTATE Co.-INVESTMENT   /             | BPC REAL ESTATE Co.-INVESTMENT   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8048659.05   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| BPC REAL ESTATE Co.-INVESTMENT CLAS B   /      | BPC REAL ESTATE Co.-INVESTMENT CLAS B   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1639640.45   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| COBHAM HOLDINGS REVOLVER   /                   | COBHAM HOLDINGS REVOLVER   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    468750 | PA      | $466406.25    | 0.01%             | 2028-01-09      | Variable      | 7.50%                 | No            | 3                  | On Loan: No      |
| COBHAM HOLDINGS, Inc.. TERM LOAN   /           | COBHAM HOLDINGS, Inc.. TERM LOAN   /                                         | CUSIP: 19089LAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4429297 | PA      | $4407150.39   | 0.06%             | 2030-01-09      | Variable      | 10.94%                | No            | 3                  | On Loan: No      |
| COMVESET SPECIAL OPP FUND LP   /               | COMVESET SPECIAL OPP FUND LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $15323461.77  | 0.22%             |  |  |  | No            | N/A                | On Loan: No      |
| Contingency Capital EG FUND U.S. LP   /        | Contingency Capital EG FUND U.S. LP   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $62180612.76  | 0.90%             |  |  |  | No            | N/A                | On Loan: No      |
| CONTIGENCY CAPITAL FUND I-A LP   /             | CONTIGENCY CAPITAL FUND I-A LP   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $77574459.72  | 1.12%             |  |  |  | No            | N/A                | On Loan: No      |
| CONFLUENT HEALTH TERM LOAN   /                 | CONFLUENT HEALTH TERM LOAN   /                                               | CUSIP: 20716LAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2792718 | PA      | $2732736.83   | 0.04%             | 2028-11-30      | Variable      | 11.66%                | No            | 3                  | On Loan: No      |
| CORRUM CAPITAL ENTER TAINMENT LENDING II   /   | CORRUM CAPITAL ENTER TAINMENT LENDING II   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $55768973.20  | 0.80%             |  |  |  | No            | N/A                | On Loan: No      |
| COUPA SOFTWARE, Inc. DELWAYED DRAW   /         | COUPA SOFTWARE, Inc. DELWAYED DRAW   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    385633 | PA      | $385633.15    | 0.01%             | 2030-02-27      | Variable      | 10.69%                | No            | 3                  | On Loan: No      |
| COUPA SOFTWARE, Inc. REVOLVER   /              | COUPA SOFTWARE, Inc. REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    295276 | PA      | $295275.59    | 0.00%             | 2029-02-27      | Variable      | 10.69%                | No            | 3                  | On Loan: No      |
| COUPA SOFTWARE, Inc. TERM LOAN   /             | COUPA SOFTWARE, Inc. TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4275900 | PA      | $4275900.34   | 0.06%             | 2030-02-27      | Variable      | 9.81%                 | No            | 3                  | On Loan: No      |
| CORBIN LAW FIRM LOAN    /                      | CORBIN LAW FIRM LOAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    758003 | PA      | $758002.99    | 0.01%             | 2027-08-28      | Fixed         | 12.07%                | No            | 3                  | On Loan: No      |
| CORBIN LAW FIRM LOAN    /                      | CORBIN LAW FIRM LOAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    738676 | PA      | $738675.54    | 0.01%             | 2027-08-28      | Fixed         | 2.00%                 | No            | 3                  | On Loan: No      |
| CORBIN LAW FIRM LOAN    /                      | CORBIN LAW FIRM LOAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8777869 | PA      | $8777868.81   | 0.13%             | 2027-08-28      | Fixed         | 17.07%                | No            | 3                  | On Loan: No      |
| CORBIN LAW FIRM LOAN TRANCHE B   /             | CORBIN LAW FIRM LOAN TRANCHE B   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2782737 | PA      | $2782737.46   | 0.04%             | 2027-08-28      | Fixed         | 12.07%                | No            | 3                  | On Loan: No      |
| CORDEVIGO INTERI EUR LUZ BIDCO(KALLE) TL   /   | CORDEVIGO INTERI EUR LUZ BIDCO(KALLE) TL   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   7500000 | PA      | $8587153.23   | 0.12%             | 2032-04-11      | Variable      | 9.36%                 | No            | 3                  | On Loan: No      |
| CRUSOE ENERGY SYSTEM    /                      | CRUSOE ENERGY SYSTEM    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4713262 | PA      | $4713262.00   | 0.07%             | 2029-07-25      | Fixed         | 15.00%                | No            | 3                  | On Loan: No      |
| CREWLINE BUYER, INC.    /                      | CREWLINE BUYER, INC.    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    870417 | PA      | $862191.73    | 0.01%             | 2030-11-08      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| EURO FORWARD CONTRACT 11/28/25   /             | EURO FORWARD CONTRACT 11/28/25   /                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |   3306503 | OU      | $3895498.71   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 11/28/25   /             | EURO FORWARD CONTRACT 11/28/25   /                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -62993110 | OU      | $-74214242.07 | -1.07%            |  |  |  | No            | 2                  | On Loan: No      |
| FSG ACQUISITIONS PREFERRED UNITS   /           | FSG ACQUISITIONS PREFERRED UNITS   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   3750000 | NS      | $5514053.57   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| FUNDAMENTAL PARTNERS IV LP DDTL   /            | FUNDAMENTAL PARTNERS IV LP DDTL   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  25000000 | PA      | $24781250.00  | 0.36%             | 2030-08-04      | Variable      | 9.07%                 | No            | 3                  | On Loan: No      |
| FUNDAMENTAL PARTNERS IV LP DDTL   /            | FUNDAMENTAL PARTNERS IV LP DDTL   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  75000000 | PA      | $74343750.00  | 1.07%             | 2030-08-04      | Fixed         | 1.50%                 | No            | 3                  | On Loan: No      |
| FUNDAMENTAL PARTNERS IV LP TERM LOAN   /       | FUNDAMENTAL PARTNERS IV LP TERM LOAN   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  50000000 | PA      | $49562500.00  | 0.72%             | 2030-08-04      | Variable      | 9.00%                 | No            | 3                  | On Loan: No      |
| HONOR TECHNOLOGY, Inc. -TL-5/29/2024   /       | HONOR TECHNOLOGY, Inc. -TL-5/29/2024   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15321202 | PA      | $15167990.29  | 0.22%             | 2029-05-30      | Variable      | 9.49%                 | No            | 3                  | On Loan: No      |
| HARBOR PURCHASER TERM LOAN   /                 | HARBOR PURCHASER TERM LOAN   /                                               | CUSIP: 41154UAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $2964444.64   | 0.04%             | 2030-04-07      | Variable      | 12.66%                | No            | 3                  | On Loan: No      |
| HOUGHTON MIFFLIN HARCOURT Co. TL   /           | HOUGHTON MIFFLIN HARCOURT Co. TL   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4900000 | PA      | $4885440.00   | 0.07%             | 2028-04-07      | Variable      | 12.26%                | No            | 3                  | On Loan: No      |
| HPS ASSET VALUE PLATFORM, LP   /               | HPS ASSET VALUE PLATFORM, LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $44192701.67  | 0.64%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS KP Mezz 2019 Co.-Invest, L.P.   /          | HPS KP Mezz 2019 Co.-Invest, L.P.   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $53670003.24  | 0.77%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS KP SIP V Co.-Investment   /                | HPS KP SIP V Co.-Investment   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $21193626.03  | 0.31%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS MINT Co.-INVEST FUND LP   /                | HPS MINT Co.-INVEST FUND LP   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $9527499.74   | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS OFFSHORE STRATEGIC INVESTMENT   /          | HPS OFFSHORE STRATEGIC INVESTMENT   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $40664670.10  | 0.59%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS Offshore Mezzanine Partners   /            | HPS Offshore Mezzanine Partners   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $25502235.09  | 0.37%             |  |  |  | No            | N/A                | On Loan: No      |
| HPS SPECIALITY LOAN FUND V-L LP   /            | HPS SPECIALITY LOAN FUND V-L LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $13020212.47  | 0.19%             |  |  |  | No            | N/A                | On Loan: No      |
| ICIMS, Inc. VISTA UPSZ TERM LOAN   /           | ICIMS, Inc. VISTA UPSZ TERM LOAN   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7000000 | PA      | $6968874.63   | 0.10%             | 2028-08-18      | Variable      | 10.57%                | No            | 3                  | On Loan: No      |
| ICG LP SECONDARIES FUND I FEEDER   /           | ICG LP SECONDARIES FUND I FEEDER   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $18059921.02  | 0.26%             |  |  |  | No            | N/A                | On Loan: No      |
| INDAGO ASSET-BACKED OPPORTUNITIES I LP   /     | INDAGO ASSET-BACKED OPPORTUNITIES I LP   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8051810.19   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| INDAGO COINVEST I LP    /                      | INDAGO COINVEST I LP    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20808159.18  | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| INFINITE BIDCO LLC TL 1L   /                   | INFINITE BIDCO LLC TL 1L   /                                                 | CUSIP: 45674KAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4875000 | PA      | $4840641.35   | 0.07%             | 2028-03-02      | Variable      | 10.45%                | No            | 3                  | On Loan: No      |
| INSOLVE GLOBAL CREDT FEEDER FUND VI, LP   /    | INSOLVE GLOBAL CREDT FEEDER FUND VI, LP   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $59884892.15  | 0.86%             |  |  |  | No            | N/A                | On Loan: No      |
| ION FINANCE HOLDINGS    /                      | ION FINANCE HOLDINGS    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |    757161 | PA      | $888895.43    | 0.01%             | 2031-09-30      | Variable      | 9.50%                 | No            | 3                  | On Loan: No      |
| ION FINANCE HOLDINGS HPS   /                   | ION FINANCE HOLDINGS HPS   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   7042839 | PA      | $8268183.69   | 0.12%             | 2031-09-30      | Variable      | 9.50%                 | No            | 3                  | On Loan: No      |
| JAFFA CAPITAL FUND    /                        | JAFFA CAPITAL FUND    /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $10000000.00  | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| STEWARD HC SYSTEMS LITIGATION TRUST A-2   /    | STEWARD HC SYSTEMS LITIGATION TRUST A-2   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3718874.41   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| XACTLY Corp. TL UPSIZE   /                     | XACTLY Corp. TL UPSIZE   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6000000 | PA      | $5970000.00   | 0.09%             | 2027-07-31      | Variable      | 10.45%                | No            | 3                  | On Loan: No      |
| XENITH IG HOLDINGS B2 ORDINARY SHARES   /      | XENITH IG HOLDINGS B2 ORDINARY SHARES   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1929 | NS      | $1929.00      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| XENITH IG HOLDINGS B2 PREFERENCE SHARES   /    | XENITH IG HOLDINGS B2 PREFERENCE SHARES   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        | 942396386 | NS      | $9423963.86   | 0.14%             |  |  |  | No            | N/A                | On Loan: No      |
| XERIS BIOPHARMA HOLD WARRANTS   /              | XERIS BIOPHARMA HOLD WARRANTS   /                                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     43860 | NC      | $278442.15    | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| XERIS PHARMACEUTICAL DELAY DRAW 1ST LIEN   /   | XERIS PHARMACEUTICAL DELAY DRAW 1ST LIEN   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1666667 | PA      | $1649250.30   | 0.02%             | 2029-03-05      | Variable      | 10.95%                | No            | 3                  | On Loan: No      |
| XERIS PHARMACEUTICAL TERM LOAN 1ST LIEN   /    | XERIS PHARMACEUTICAL TERM LOAN 1ST LIEN   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3333333 | PA      | $3298500.60   | 0.05%             | 2029-03-05      | Variable      | 10.95%                | No            | 3                  | On Loan: No      |
| PENNY HOLDINGS, LLC    /                       | PENNY HOLDINGS, LLC    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  30000000 | PA      | $29700000.00  | 0.43%             | 2030-09-19      | Variable      | 10.88%                | No            | 3                  | On Loan: No      |
| PEACHTREE CREDIT FUND IV Q, L.P.   /           | PEACHTREE CREDIT FUND IV Q, L.P.   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5000000 | NS      | $50157595.09  | 0.72%             |  |  |  | No            | N/A                | On Loan: No      |
| PENNYBACKER REAL ESTATE CREDIT II LP   /       | PENNYBACKER REAL ESTATE CREDIT II LP   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16611726.11  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| PENNYBACKER REAL EST NOTES   /                 | PENNYBACKER REAL EST NOTES   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1024531 | PA      | $1024531.02   | 0.01%             | 2031-05-10      | Fixed         | 11.59%                | No            | 3                  | On Loan: No      |
| PENNYBACKER REAL ESTATE CREDIT PACIFI   /      | PENNYBACKER REAL ESTATE CREDIT PACIFI   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3600203.01   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| PENN TRGRP HOLDINGS DDTL   /                   | PENN TRGRP HOLDINGS DDTL   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    245423 | PA      | $243581.91    | 0.00%             | 2030-09-29      | Variable      | 11.25%                | No            | 3                  | On Loan: No      |
| PENN TRGRP HOLDINGS REV   /                    | PENN TRGRP HOLDINGS REV   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    769167 | PA      | $763397.92    | 0.01%             | 2030-09-29      | Variable      | 13.14%                | No            | 3                  | On Loan: No      |
| ASG II, LLC - TL TERM LOAN 1ST LIEN   /        | ASG II, LLC - TL TERM LOAN 1ST LIEN   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2608696 | PA      | $2608695.65   | 0.04%             | 2028-05-25      | Variable      | 10.56%                | No            | 3                  | On Loan: No      |
| BPC REAL ESTATE Co.- INVT MDR COURTYARD   /    | BPC REAL ESTATE Co.- INVT MDR COURTYARD   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $6788704.34   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| BPC OPPORTUNITIES OFFSHRE FDR FUND V   /       | BPC OPPORTUNITIES OFFSHRE FDR FUND V   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $18131364.08  | 0.26%             |  |  |  | No            | N/A                | On Loan: No      |
| BPC REAL ESTATE Co.-I INVESTMENT (PROVINCE   / | BPC REAL ESTATE Co.-I INVESTMENT (PROVINCE   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $12216403.30  | 0.18%             |  |  |  | No            | N/A                | On Loan: No      |
| BPC REAL ESTATE DEBT FUND LLC   /              | BPC REAL ESTATE DEBT FUND LLC   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $62641084.50  | 0.90%             |  |  |  | No            | N/A                | On Loan: No      |
| CREWLINE BUYER, INC.    /                      | CREWLINE BUYER, INC.    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8641713 | PA      | $8560055.05   | 0.12%             | 2030-11-08      | Variable      | 10.75%                | No            | 3                  | On Loan: No      |
| CCOF SIERRA II LP FUND LP   /                  | CCOF SIERRA II LP FUND LP   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4355323.71   | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| CVC STRUCTURED SOLUT IONS 2 LP CLASS C LO   /  | CVC STRUCTURED SOLUT IONS 2 LP CLASS C LO   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2198653 | PA      | $2182162.97   | 0.03%             | 2040-09-03      | Variable      | 12.75%                | No            | 3                  | On Loan: No      |
| CVC STRUCTURED SOLUT IONS 2 LP CLASS C LO   /  | CVC STRUCTURED SOLUT IONS 2 LP CLASS C LO   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  37801347 | PA      | $37517837.03  | 0.54%             | 2040-09-03      | Fixed         | 0.75%                 | No            | 3                  | On Loan: No      |
| CW CREDIT OPPORTUNIT 2 LP   /                  | CW CREDIT OPPORTUNIT 2 LP   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $29023519.32  | 0.42%             |  |  |  | No            | N/A                | On Loan: No      |
| DAWSON RATED FUND CLASS C   /                  | DAWSON RATED FUND CLASS C   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13799609 | PA      | $13789949.09  | 0.20%             | 2034-12-15      | Variable      | 13.54%                | No            | 3                  | On Loan: No      |
| DAWSON RATED FUND CLASS C   /                  | DAWSON RATED FUND CLASS C   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9193864 | PA      | $9187427.91   | 0.13%             | 2034-12-15      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| DAWSON EVERGREEN FUND LP   /                   | DAWSON EVERGREEN FUND LP   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    288208 | NS      | $335754346.26 | 4.85%             |  |  |  | No            | N/A                | On Loan: No      |
| DAWSON PORT FINANCE SICAV   /                  | DAWSON PORT FINANCE SICAV   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $150000000.00 | 2.16%             |  |  |  | No            | N/A                | On Loan: No      |
| DAWSON RATED FUND    /                         | DAWSON RATED FUND    /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10165146 | PA      | $10090940.01  | 0.15%             | 2035-05-15      | Variable      | 12.87%                | No            | 3                  | On Loan: No      |
| DAWSON RATED FUND    /                         | DAWSON RATED FUND    /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11955348 | PA      | $11868073.72  | 0.17%             | 2035-05-15      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| D.E.SHAW DIOPTER INT FUND II LP   /            | D.E.SHAW DIOPTER INT FUND II LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $893131.24    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| D.E.SHAW DIOPTER INT FUND LP   /               | D.E.SHAW DIOPTER INT FUND LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $48619805.08  | 0.70%             |  |  |  | No            | N/A                | On Loan: No      |
| DMT SOLUTIONS GLOBAL Corp. TL   /              | DMT SOLUTIONS GLOBAL Corp. TL   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7030588 | PA      | $6981565.72   | 0.10%             | 2027-08-30      | None          | 13.43%                | No            | 3                  | On Loan: No      |
| DAWSON PARTNERS EVERGREEN (AGG) 1 LP   /       | DAWSON PARTNERS EVERGREEN (AGG) 1 LP   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $585888.04    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| EDGECONNEX HOLDINGS MPA 2   /                  | EDGECONNEX HOLDINGS MPA 2   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2240948 | PA      | $2196128.55   | 0.03%             | 2031-02-10      | Variable      | 9.46%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA 2 EUR   /              | EDGECONNEX HOLDINGS MPA 2 EUR   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   2541700 | PA      | $2924237.99   | 0.04%             | 2031-02-10      | Variable      | 7.71%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA 2   /                  | EDGECONNEX HOLDINGS MPA 2   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7469825 | PA      | $7320428.50   | 0.11%             | 2031-02-10      | Fixed         | 1.50%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA 2 SUPPLEMENTAL   /     | EDGECONNEX HOLDINGS MPA 2 SUPPLEMENTAL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7469825 | PA      | $7320428.50   | 0.11%             | 2031-02-10      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA   /                    | EDGECONNEX HOLDINGS MPA   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1509052 | PA      | $1478871.45   | 0.02%             | 2031-02-10      | Variable      | 9.46%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA EUR   /                | EDGECONNEX HOLDINGS MPA EUR   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   1711579 | PA      | $1969179.84   | 0.03%             | 2031-02-10      | Variable      | 7.71%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA   /                    | EDGECONNEX HOLDINGS MPA   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5030175 | PA      | $4929571.50   | 0.07%             | 2031-02-10      | Fixed         | 1.50%                 | No            | 3                  | On Loan: No      |
| EDGECONNEX HOLDINGS MPA SUPPLEMENTAL   /       | EDGECONNEX HOLDINGS MPA SUPPLEMENTAL   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5030175 | PA      | $4929571.50   | 0.07%             | 2031-02-10      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| EINSTEIN PARENT,, Inc.    /                    | EINSTEIN PARENT,, Inc.    /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    937500 | PA      | $919052.87    | 0.01%             | 2031-01-22      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| EINSTEIN PARENT,, Inc.    /                    | EINSTEIN PARENT,, Inc.    /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9062500 | PA      | $8884177.78   | 0.13%             | 2031-01-22      | Variable      | 10.83%                | No            | 3                  | On Loan: No      |
| ENVISION HEALTHCARE 2025 REPLACEMENT TLS   /   | ENVISION HEALTHCARE 2025 REPLACEMENT TLS   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  27966102 | PA      | $27686440.67  | 0.40%             | 2030-06-25      | Variable      | 10.78%                | No            | 3                  | On Loan: No      |
| EURO FORWARD CONTRACT 10/31/25   /             | EURO FORWARD CONTRACT 10/31/25   /                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |     11680 | OU      | $13737.92     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO FORWARD CONTRACT 10/31/25   /             | EURO FORWARD CONTRACT 10/31/25   /                                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -59251744 | OU      | $-69689555.61 | -1.01%            |  |  |  | No            | 2                  | On Loan: No      |
| EUR FORWARD CONTRACT 12/31/25   /              | EUR FORWARD CONTRACT 12/31/25   /                                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        | -66293403 | OU      | $-78212727.26 | -1.13%            |  |  |  | No            | 2                  | On Loan: No      |
| EURO CURRENCY  /                               | EURO CURRENCY  /                                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | XX        |   9732823 | OU      | $11426183.75  | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| EVERGREEN SERVICES G    /                      | EVERGREEN SERVICES G    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6228505 | PA      | $6184765.56   | 0.09%             | 2031-04-05      | Fixed         | 13.75%                | No            | 3                  | On Loan: No      |
| EVERGREEN SERVICES G    /                      | EVERGREEN SERVICES G    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11342615 | PA      | $11262962.07  | 0.16%             | 2031-04-05      | Fixed         | 13.75%                | No            | 3                  | On Loan: No      |
| EVP CREDIT SPV I LP    /                       | EVP CREDIT SPV I LP    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $17414988.09  | 0.25%             |  |  |  | No            | N/A                | On Loan: No      |
| EVP II LP PARTNERSHIP   /                      | EVP II LP PARTNERSHIP   /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $43486995.97  | 0.63%             |  |  |  | No            | N/A                | On Loan: No      |
| F&B Ceco Industries Inc                        | F&B Ceco Industries, Inc.                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110635 | NS      | $1539116.91   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| FB FLL Aviation LLC TERM LOAN   /              | FB FLL Aviation LLC TERM LOAN   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12600000 | PA      | $12600000.00  | 0.18%             | 2028-09-19      | Variable      | 11.28%                | No            | 3                  | On Loan: No      |
| FSF II OFFSHORE LP FUND LP   /                 | FSF II OFFSHORE LP FUND LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2849293.23   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| FELICITAS DINER OFFSHORE LP   /                | FELICITAS DINER OFFSHORE LP   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3138445.63   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| FELICITAS SECONDARY FUND II LP   /             | FELICITAS SECONDARY FUND II LP   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8736759.57   | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| FELICITAS TACTICAL O FUND LP   /               | FELICITAS TACTICAL O FUND LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $32799857.00  | 0.47%             |  |  |  | No            | N/A                | On Loan: No      |
| FELICITAS SECONDARY FUND III OFFSHORE LP   /   | FELICITAS SECONDARY FUND III OFFSHORE LP   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $34628804.15  | 0.50%             |  |  |  | No            | N/A                | On Loan: No      |
| FENIX TOPCO LLC    /                           | FENIX TOPCO LLC    /                                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    162703 | PA      | $155793.58    | 0.00%             | 2029-03-28      | Variable      | 10.50%                | No            | 3                  | On Loan: No      |
| FENIX TOPCO LLC    /                           | FENIX TOPCO LLC    /                                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2713076 | PA      | $2597858.08   | 0.04%             | 2029-03-28      | Variable      | 10.50%                | No            | 3                  | On Loan: No      |
| FENIX TOPCO LLC    /                           | FENIX TOPCO LLC    /                                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1062537 | PA      | $1017413.22   | 0.01%             | 2029-03-28      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| FIRST BRANDS INVENTO    /                      | FIRST BRANDS INVENTO    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15000000 | PA      | $11650369.53  | 0.17%             | 2026-03-28      | None          | 13.79%                | No            | 3                  | On Loan: No      |
| FINASTRA USA, Inc. TL 1L VISTA   /             | FINASTRA USA, Inc. TL 1L VISTA   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2490000 | PA      | $2514900.01   | 0.04%             | 2029-09-13      | Variable      | 11.11%                | No            | 3                  | On Loan: No      |
| FOUNDATION RISK PART DELAYED DRAW   /          | FOUNDATION RISK PART DELAYED DRAW   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1249091 | PA      | $1261581.81   | 0.02%             | 2030-10-29      | None          | 12.09%                | No            | 3                  | On Loan: No      |
| FOUNDATION RISK PART TERM LOAN   /             | FOUNDATION RISK PART TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2672727 | PA      | $2699454.56   | 0.04%             | 2030-10-29      | Variable      | 9.25%                 | No            | 3                  | On Loan: No      |
| GBP FWD CONTRACT 10/31/2025   /                | GBP FWD CONTRACT 10/31/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |    438091 | OU      | $589218.56    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 10/31/2025   /                | GBP FWD CONTRACT 10/31/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -6573035 | OU      | $-8840521.01  | -0.13%            |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 11/28/2025   /                | GBP FWD CONTRACT 11/28/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |    228880 | OU      | $307868.50    | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 11/28/2025   /                | GBP FWD CONTRACT 11/28/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -6320421 | OU      | $-8501669.87  | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 12/31/2025   /                | GBP FWD CONTRACT 12/31/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |     61826 | OU      | $83126.47     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| GBP FWD CONTRACT 12/31/2025   /                | GBP FWD CONTRACT 12/31/2025   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | GB        |  -6196769 | OU      | $-8331753.39  | -0.12%            |  |  |  | No            | 2                  | On Loan: No      |
| GREAT BRITAIN POUND  /                         | GREAT BRITAIN POUND  /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Short            | STIV             |  | GB        |    -43403 | OU      | $-58368.46    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| GCF III FEEDER LP    /                         | GCF III FEEDER LP    /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2192785.30   | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| GDYC ASSETS, LLC    /                          | GDYC ASSETS, LLC    /                                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10000000 | PA      | $9887659.67   | 0.14%             | 2030-11-09      | Variable      | 12.92%                | No            | 3                  | On Loan: No      |
| GOJO INDUSTRIES,, Inc.    /                    | GOJO INDUSTRIES,, Inc.    /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11986827 | PA      | $12154642.54  | 0.18%             | 2028-10-26      | Variable      | 13.66%                | No            | 3                  | On Loan: No      |
| GRAMERCY PG FEEDER COMMON   /                  | GRAMERCY PG FEEDER COMMON   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16472695.32  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| GRAMERCY PG HOLDINGS II LP   /                 | GRAMERCY PG HOLDINGS II LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $27384450.47  | 0.40%             |  |  |  | No            | N/A                | On Loan: No      |
| GRAMERCY PG HOLDINGS LP   /                    | GRAMERCY PG HOLDINGS LP   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1269917.44   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| GRAMERCY PG FEEDER PREFERRED   /               | GRAMERCY PG FEEDER PREFERRED   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $6504823.44   | 0.09%             |  |  |  | No            | N/A                | On Loan: No      |
| GS HOLDER, Inc. PREFERRED SHARES   /           | GS HOLDER, Inc. PREFERRED SHARES   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5000 | NS      | $7804074.58   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| GTCR - GTCR Everest Topco Series A prefe   /   | GTCR - GTCR Everest Topco Series A prefe   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     15000 | NS      | $17194095.00  | 0.25%             |  |  |  | No            | N/A                | On Loan: No      |
| State Street Institutional US                  | State Street Institutional U.S. Government Money Market Fund - Class Premier | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        | 456989910 | PA      | $456989910.11 | 6.60%             |  |  |  | No            | 1                  | On Loan: No      |
| HARVEST PARTNERS FUND V-L LP   /               | HARVEST PARTNERS FUND V-L LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $18230443.62  | 0.26%             |  |  |  | No            | N/A                | On Loan: No      |
| HAYFIN HEALTHCARE OP INVEST LP   /             | HAYFIN HEALTHCARE OP INVEST LP   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $61238472.50  | 0.88%             |  |  |  | No            | N/A                | On Loan: No      |
| JONAS CATALOG HOLDIN    /                      | JONAS CATALOG HOLDIN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13020311 | PA      | $13020311.43  | 0.19%             | 2029-09-19      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| JONAS CATALOG HOLDIN    /                      | JONAS CATALOG HOLDIN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    168816 | PA      | $168815.80    | 0.00%             | 2029-09-19      | Fixed         | 11.00%                | No            | 3                  | On Loan: No      |
| JONAS CATALOG HOLDIN    /                      | JONAS CATALOG HOLDIN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  16929439 | PA      | $16929438.72  | 0.24%             | 2029-09-19      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| KELLER POSTMAN LLC - TERM LOAN   /             | KELLER POSTMAN LLC - TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14159263 | PA      | $14159263.01  | 0.20%             | 2028-09-15      | Fixed         | 16.96%                | No            | 3                  | On Loan: No      |
| KENSINGTON PRIVATE E PROJECT WREN DDTL 2L   /  | KENSINGTON PRIVATE E PROJECT WREN DDTL 2L   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3200000 | PA      | $3200000.00   | 0.05%             | 2026-03-28      | None          | 11.64%                | No            | 3                  | On Loan: No      |
| KENSINGTON PRIVATE E PROJECT WREN TL 2L   /    | KENSINGTON PRIVATE E PROJECT WREN TL 2L   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3200000 | PA      | $3200000.00   | 0.05%             | 2026-03-28      | Variable      | 13.50%                | No            | 3                  | On Loan: No      |
| KENSINGTON PRIVATE EQUITY FUND DDTL   /        | KENSINGTON PRIVATE EQUITY FUND DDTL   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2730000 | PA      | $2730000.00   | 0.04%             | 2026-03-27      | Variable      | 13.50%                | No            | 3                  | On Loan: No      |
| KING STREET OPPOTUNI CREDIT EVERGREEN FUN   /  | KING STREET OPPOTUNI CREDIT EVERGREEN FUN   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $111862235.61 | 1.61%             |  |  |  | No            | N/A                | On Loan: No      |
| KINO Co.-Invest Holdings, L.P   /              | KINO Co.-Invest Holdings, L.P   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $17480415.26  | 0.25%             |  |  |  | No            | N/A                | On Loan: No      |
| KNIGHT ENERGY SERVIC TERM LOAN   /             | KNIGHT ENERGY SERVIC TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1317568 | PA      | $1304391.89   | 0.02%             | 2028-06-01      | Variable      | 11.49%                | No            | 3                  | On Loan: No      |
| KOHLBERG KINETIC BOR TRANCHE A   /             | KOHLBERG KINETIC BOR TRANCHE A   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9598193 | PA      | $9584060.37   | 0.14%             | 2027-12-26      | Variable      | 12.59%                | No            | 3                  | On Loan: No      |
| KOHLBERG KINETIC BOR TRANCHE A   /             | KOHLBERG KINETIC BOR TRANCHE A   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    930205 | PA      | $928835.59    | 0.01%             | 2027-12-26      | Variable      | 12.59%                | No            | 3                  | On Loan: No      |
| KOHLBERG KINETIC BOR TRANCHE A   /             | KOHLBERG KINETIC BOR TRANCHE A   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    437689 | PA      | $437044.47    | 0.01%             | 2027-12-26      | Variable      | 4.30%                 | No            | 3                  | On Loan: No      |
| KOHLBERG KINETIC BOR TRANCHE B   /             | KOHLBERG KINETIC BOR TRANCHE B   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4090909 | PA      | $4084885.42   | 0.06%             | 2027-12-26      | Variable      | 12.59%                | No            | 3                  | On Loan: No      |
| KWOL Co.-INVEST LP   /                         | KWOL Co.-INVEST LP   /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3786582.00   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| LP-PWP CREDIT CARD ABS, LLC REV   /            | LP-PWP CREDIT CARD ABS, LLC REV   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2054902 | PA      | $2054902.07   | 0.03%             | 2028-06-01      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| LP-PWP CREDIT CARD ABS, LLC TL   /             | LP-PWP CREDIT CARD ABS, LLC TL   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13699359 | PA      | $13699359.41  | 0.20%             | 2028-06-01      | Variable      | 11.90%                | No            | 3                  | On Loan: No      |
| LAC SPV I LLC    /                             | LAC SPV I LLC    /                                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $29634060.27  | 0.43%             |  |  |  | No            | N/A                | On Loan: No      |
| LH EQUITY INVESTORS    /                       | LH EQUITY INVESTORS    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $19434589.04  | 0.28%             |  |  |  | No            | N/A                | On Loan: No      |
| LUMINARX VALENCE Co.- INVEST OFFSHORE FUND   / | LUMINARX VALENCE Co.- INVEST OFFSHORE FUND   /                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $10950231.04  | 0.16%             |  |  |  | No            | N/A                | On Loan: No      |
| LUMINARX OPP ALT SOL OFFSHORE FUND LP   /      | LUMINARX OPP ALT SOL OFFSHORE FUND LP   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20855801.32  | 0.30%             |  |  |  | No            | N/A                | On Loan: No      |
| MADISON REALTY CAP DEBT FUND IV   /            | MADISON REALTY CAP DEBT FUND IV   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16803972.69  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| MANDOLIN TECHNOLOGY SERIES A PREF STOCK   /    | MANDOLIN TECHNOLOGY SERIES A PREF STOCK   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3500 | NS      | $5329728.18   | 0.08%             |  |  |  | No            | 3                  | On Loan: No      |
| Marilyn Co.-Invest, Marilyn Co.-Invest, L   /  | Marilyn Co.-Invest, Marilyn Co.-Invest, L   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $13362858.96  | 0.19%             |  |  |  | No            | N/A                | On Loan: No      |
| MARILYN Co.-INVEST LP    /                     | MARILYN Co.-INVEST LP    /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $33298005.51  | 0.48%             |  |  |  | No            | N/A                | On Loan: No      |
| MASHANTUCKET (WESTER    /                      | MASHANTUCKET (WESTER    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  20000000 | PA      | $19468000.05  | 0.28%             | 2028-06-30      | Variable      | 12.23%                | No            | 3                  | On Loan: No      |
| HELIUM ACQUIRER Corp. MEDISUND DDTL, Inc.   /  | HELIUM ACQUIRER Corp. MEDISUND DDTL, Inc.   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1154103 | PA      | $1141109.04   | 0.02%             | 2029-01-05      | None          | 12.41%                | No            | 3                  | On Loan: No      |
| HELIUM ACQUIRER Corp. MEDISUND DDTL   /        | HELIUM ACQUIRER Corp. MEDISUND DDTL   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    573186 | PA      | $566732.82    | 0.01%             | 2029-01-05      | Variable      | 9.55%                 | No            | 3                  | On Loan: No      |
| HELIUM ACQUIRER Corp. MEDISUND REVOLVER   /    | HELIUM ACQUIRER Corp. MEDISUND REVOLVER   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    293190 | PA      | $289888.91    | 0.00%             | 2029-01-05      | None          | 11.70%                | No            | 3                  | On Loan: No      |
| HELIUM ACQUIRER Corp. MEDISUND TL   /          | HELIUM ACQUIRER Corp. MEDISUND TL   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1886262 | PA      | $1865024.36   | 0.03%             | 2029-01-05      | Variable      | 9.25%                 | No            | 3                  | On Loan: No      |
| PANDA ACQUISITION TL MERCHANT AUTO GRP   /     | PANDA ACQUISITION TL MERCHANT AUTO GRP   /                                   | CUSIP: 69833KAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4012798 | PA      | $3692589.77   | 0.05%             | 2028-10-18      | Variable      | 11.60%                | No            | 3                  | On Loan: No      |
| MERCURY BIDCO LLC- TL (SurveyMonk)   /         | MERCURY BIDCO LLC- TL (SurveyMonk)   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4511824 | PA      | $4492109.28   | 0.06%             | 2030-05-31      | Variable      | 9.75%                 | No            | 3                  | On Loan: No      |
| MERCURY BIDCO LLC- REVOLVER   /                | MERCURY BIDCO LLC- REVOLVER   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    408163 | PA      | $405346.99    | 0.01%             | 2029-05-31      | None          | 9.25%                 | No            | 3                  | On Loan: No      |
| MEMORIAL MRI & DIAGN REVOLVER   /              | MEMORIAL MRI & DIAGN REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    935301 | PA      | $920020.22    | 0.01%             | 2028-12-18      | Variable      | 10.25%                | No            | 3                  | On Loan: No      |
| MEMORIAL MRI & DIAGN REVOLVER   /              | MEMORIAL MRI & DIAGN REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    160337 | PA      | $157717.74    | 0.00%             | 2028-12-18      | Variable      | 10.25%                | No            | 3                  | On Loan: No      |
| MEMORIAL MRI & DIAGN REVOLVER   /              | MEMORIAL MRI & DIAGN REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    267229 | PA      | $262862.92    | 0.00%             | 2028-12-18      | Variable      | 10.25%                | No            | 3                  | On Loan: No      |
| MEMORIAL MRI & DIAGN REVOLVER   /              | MEMORIAL MRI & DIAGN REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    641349 | PA      | $630871.00    | 0.01%             | 2028-12-18      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| MEMORIAL MRI & DIAGN TERM LOAN   /             | MEMORIAL MRI & DIAGN TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9862750 | PA      | $9701613.11   | 0.14%             | 2028-12-18      | Variable      | 10.25%                | No            | 3                  | On Loan: No      |
| MAGENTA    ASSET Co.-INVEST LP   /             | MAGENTA    ASSET Co.-INVEST LP   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2649510.79   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| MAGENTA Co.-INVEST LP   /                      | MAGENTA Co.-INVEST LP   /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $6156011.00   | 0.09%             |  |  |  | No            | N/A                | On Loan: No      |
| MGT MERGER TARGET, L DELAY DRAW LOAN   /       | MGT MERGER TARGET, L DELAY DRAW LOAN   /                                     | CUSIP: 87318JAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    221908 | PA      | $220855.93    | 0.00%             | 2029-04-10      | None          | 12.21%                | No            | 3                  | On Loan: No      |
| MGT MERGER TARGET, L REVOLVER LOAN   /         | MGT MERGER TARGET, L REVOLVER LOAN   /                                       | CUSIP: 87318JAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496552 | PA      | $494197.47    | 0.01%             | 2028-04-10      | None          | 13.00%                | No            | 3                  | On Loan: No      |
| MGT MERGER TARGET, L TERM LOAN   /             | MGT MERGER TARGET, L TERM LOAN   /                                           | CUSIP: 87318JAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3915494 | PA      | $3896930.14   | 0.06%             | 2029-04-10      | Variable      | 9.42%                 | No            | 3                  | On Loan: No      |
| Milano Co.-Invest , L.P.   /                   | Milano Co.-Invest , L.P.   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3923043.17   | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| MILLER HOLDINGS LP COMMON EQUITY   /           | MILLER HOLDINGS LP COMMON EQUITY   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $6305626.00   | 0.09%             |  |  |  | No            | N/A                | On Loan: No      |
| MILLER HOLDINGS LP PREFERRED EQUITY   /        | MILLER HOLDINGS LP PREFERRED EQUITY   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $35437079.24  | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| MINERVA Co.-INVEST LP    /                     | MINERVA Co.-INVEST LP    /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16463950.67  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| MMXXV SP SPV, LLC Initial Term Loan   /        | MMXXV SP SPV, LLC Initial Term Loan   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12292184 | PA      | $11984879.03  | 0.17%             | 2026-11-11      | Variable      | 11.23%                | No            | 3                  | On Loan: No      |
| MOONLAKE IMMUNOTHERA    /                      | MOONLAKE IMMUNOTHERA    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11250000 | PA      | $11182038.42  | 0.16%             | 2030-04-01      | Variable      | 8.70%                 | No            | 3                  | On Loan: No      |
| MOONLAKE IMMUNOTHERA    /                      | MOONLAKE IMMUNOTHERA    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  33750000 | PA      | $33546115.25  | 0.48%             | 2030-04-01      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| NACSB ACQUISITION HO 2L DDTL   /               | NACSB ACQUISITION HO 2L DDTL   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5478451 | PA      | $5409970.78   | 0.08%             | 2031-01-29      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| NACSB ACQUISITION HO 2L TERM LOAN   /          | NACSB ACQUISITION HO 2L TERM LOAN   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  24521549 | PA      | $24215029.22  | 0.35%             | 2031-01-29      | Fixed         | 12.25%                | No            | 3                  | On Loan: No      |
| NA,DER UPSIDE 2 S.AE PIK                       | NA,DER UPSIDE 2 S.AE PIK                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   5208796 | PA      | $6030659.49   | 0.09%             | 2028-03-13      | Variable      | 12.25%                | No            | 3                  | On Loan: No      |
| NB Capital Solutions Co.-Invest Wolverine   /  | NB Capital Solutions Co.-Invest Wolverine   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1982343.55   | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| NB CREDIT OPPROTUNIT II CAYMAN FEEDER   /      | NB CREDIT OPPROTUNIT II CAYMAN FEEDER   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $27903034.32  | 0.40%             |  |  |  | No            | N/A                | On Loan: No      |
| NECTAR 2 SPC S.R.L. CLASS J2 ABS NOTES   /     | NECTAR 2 SPC S.R.L. CLASS J2 ABS NOTES   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | XX        |   4764936 | PA      | $5593961.22   | 0.08%             | 2032-12-31      | Fixed         | 10.00%                | No            | 3                  | On Loan: No      |
| NEPHRON PHARMACEUTIC    /                      | NEPHRON PHARMACEUTIC    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  18000000 | PA      | $17910000.00  | 0.26%             | 2027-12-30      | Variable      | 13.33%                | No            | 3                  | On Loan: No      |
| NORTH HAVEN GOLDFINC TERM LOAN CELF   /        | NORTH HAVEN GOLDFINC TERM LOAN CELF   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2071354 | PA      | $2071354.05   | 0.03%             | 2026-06-18      | Fixed         | 12.50%                | No            | 3                  | On Loan: No      |
| NKD GROUP GMBH TL 1L EUR   /                   | NKD GROUP GMBH TL 1L EUR   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   1288462 | PA      | $1512633.88   | 0.02%             | 2028-09-30      | Variable      | 10.00%                | No            | 3                  | On Loan: No      |
| FINTHRIVE PREFERRED STOCK   /                  | FINTHRIVE PREFERRED STOCK   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3260 | NS      | $4559483.23   | 0.07%             |  |  |  | No            | 3                  | On Loan: No      |
| NORTH WALL ASSET FEEDER FUND I LP   /          | NORTH WALL ASSET FEEDER FUND I LP   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |         1 | NS      | $103001992.68 | 1.49%             |  |  |  | No            | N/A                | On Loan: No      |
| NWEOF Feeder Fund II    /                      | NWEOF Feeder Fund II    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | XX        |         1 | NS      | $40153178.26  | 0.58%             |  |  |  | No            | N/A                | On Loan: No      |
| NWEOF FEEDR FUND III    /                      | NWEOF FEEDR FUND III    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | XX        |         1 | NS      | $1581026.96   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| ORBIMED RCO IV OFF FEEDER LP   /               | ORBIMED RCO IV OFF FEEDER LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $23140325.10  | 0.33%             |  |  |  | No            | N/A                | On Loan: No      |
| ORTHODONTIC PARTNERS DDTL 5TH AMENDMENT   /    | ORTHODONTIC PARTNERS DDTL 5TH AMENDMENT   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3368525 | PA      | $3319386.15   | 0.05%             | 2027-10-12      | None          | 11.45%                | No            | 3                  | On Loan: No      |
| ORTHODONTIC PARTNERS TL 5TH AMENDMENT   /      | ORTHODONTIC PARTNERS TL 5TH AMENDMENT   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2287662 | PA      | $2254290.89   | 0.03%             | 2027-10-12      | Variable      | 10.39%                | No            | 3                  | On Loan: No      |
| ORTHODONTIC PARTNERS    /                      | ORTHODONTIC PARTNERS    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    753279 | PA      | $742290.40    | 0.01%             | 2027-10-12      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| OAK STREET REAL ESTA CAPITAL FUND IV   /       | OAK STREET REAL ESTA CAPITAL FUND IV   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $14261566.83  | 0.21%             |  |  |  | No            | N/A                | On Loan: No      |
| OTR MIDCO LLC SUBORDINATED NOTE   /            | OTR MIDCO LLC SUBORDINATED NOTE   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.03%             | 2027-02-22      | Fixed         | 12.00%                | No            | 3                  | On Loan: No      |
| SILVER POINT SELECT OVERFLOW FUND LP   /       | SILVER POINT SELECT OVERFLOW FUND LP   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $35192000.00  | 0.51%             |  |  |  | No            | N/A                | On Loan: No      |
| SILVER POINT SPECIALTY LENDING   /             | SILVER POINT SPECIALTY LENDING   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   8917617 | NS      | $130193613.40 | 1.88%             |  |  |  | No            | N/A                | On Loan: No      |
| SINTEC MEDIA NYC, Inc. SINTEC MEDIA REV   /    | SINTEC MEDIA NYC, Inc. SINTEC MEDIA REV   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    423729 | PA      | $407961.42    | 0.01%             | 2029-06-21      | Variable      | 11.03%                | No            | 3                  | On Loan: No      |
| SILFAB, Inc. WAREHOUSE   /                     | SILFAB, Inc. WAREHOUSE   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6000000 | PA      | $5850000.00   | 0.08%             | 2028-11-18      | Variable      | 10.89%                | No            | 3                  | On Loan: No      |
| Sixth Street Growth Partners LP   /            | Sixth Street Growth Partners LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4781923.00   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| SKY FUND VI OFFSHORE LP   /                    | SKY FUND VI OFFSHORE LP   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16916811.91  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| OWL ROCK FIRST LIEN PROJECT PEBBLE   /         | OWL ROCK FIRST LIEN PROJECT PEBBLE   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2808338.76   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| OWS AFFIRM PARTNRSHP FUND Ltd.   /             | OWS AFFIRM PARTNRSHP FUND Ltd.   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $17484121.22  | 0.25%             |  |  |  | No            | N/A                | On Loan: No      |
| SKY FUND VI OFFSHORE    /                      | SKY FUND VI OFFSHORE    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8445801.70   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| SKY FUND V OFFSHORE LP   /                     | SKY FUND V OFFSHORE LP   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16861442.92  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| STEWARD HC SYSTEMS LITIGATION A-2 BRIDG   /    | STEWARD HC SYSTEMS LITIGATION A-2 BRIDG   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1174442.00   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| WEALTH ENHANCEMENT GROUP TL   /                | WEALTH ENHANCEMENT GROUP TL   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5711661 | PA      | $5716229.91   | 0.08%             | 2033-05-26      | Variable      | 15.00%                | No            | 3                  | On Loan: No      |
| SL ENERGY POWER PLAN    /                      | SL ENERGY POWER PLAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3186873 | PA      | $3155004.25   | 0.05%             | 2027-09-25      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| SL ENERGY POWER PLAN    /                      | SL ENERGY POWER PLAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  21813127 | PA      | $21594995.75  | 0.31%             | 2027-09-25      | Fixed         | 1.50%                 | No            | 3                  | On Loan: No      |
| Wellbore Integrity Solutions LLC -TL   /       | Wellbore Integrity Solutions LLC -TL   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11746423 | PA      | $11863887.54  | 0.17%             | 2026-12-31      | Variable      | 12.33%                | No            | 3                  | On Loan: No      |
| WEBSTER EQUITY PARTN    /                      | WEBSTER EQUITY PARTN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10938959 | PA      | $10665485.49  | 0.15%             | 2034-05-07      | Variable      | 14.83%                | No            | 3                  | On Loan: No      |
| SPECIALTY LOAN FUND 2016 LP   /                | SPECIALTY LOAN FUND 2016 LP   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4207334.09   | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| SPRINKLER 2024 Co.-INVESTMENT I   /            | SPRINKLER 2024 Co.-INVESTMENT I   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $20173574.60  | 0.29%             |  |  |  | No            | N/A                | On Loan: No      |
| WEBSTER EQUITY PARTN TL ACTING LIKE DDTL   /   | WEBSTER EQUITY PARTN TL ACTING LIKE DDTL   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3404098 | PA      | $3318996.04   | 0.05%             | 2034-05-07      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| WEST SIDE HOLDCO LLC    /                      | WEST SIDE HOLDCO LLC    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12974442 | PA      | $13493419.60  | 0.19%             | 2027-08-02      | Variable      | 13.13%                | No            | 3                  | On Loan: No      |
| SILVER POINT SPCLTY PREFFERED ECON INTS   /    | SILVER POINT SPCLTY PREFFERED ECON INTS   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2718891.12   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| Stellus Private BDC Advisory LLC   /           | Stellus Private BDC Advisory LLC   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $944718.45    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| WHITEHAWK EVERGREEN FUND L.P.   /              | WHITEHAWK EVERGREEN FUND L.P.   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $52941466.18  | 0.76%             |  |  |  | No            | N/A                | On Loan: No      |
| WHITEHAWK EVERGREEN FUND, LP   /               | WHITEHAWK EVERGREEN FUND, LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $51317365.82  | 0.74%             |  |  |  | No            | N/A                | On Loan: No      |
| STELLUS PRIVATE CRED BDC FEEDER LP   /         | STELLUS PRIVATE CRED BDC FEEDER LP   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $15525188.93  | 0.22%             |  |  |  | No            | N/A                | On Loan: No      |
| STEWARD HEALTH CARE SYSTEM BRIDGE LOAN   /     | STEWARD HEALTH CARE SYSTEM BRIDGE LOAN   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    333313 | PA      | $333313.25    | 0.00%             | 2027-12-31      | None          | 16.18%                | No            | 3                  | On Loan: No      |
| STONEGATE PUB COMPAN    /                      | STONEGATE PUB COMPAN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  10000000 | PA      | $13582571.27  | 0.20%             | 2029-10-31      | Variable      | 14.67%                | No            | 3                  | On Loan: No      |
| Summit Partners Cred Offshort Fund II   /      | Summit Partners Cred Offshort Fund II   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $3797994.01   | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| SUNLAND ASPHALT & CONSTRUCTION DDTL   /        | SUNLAND ASPHALT & CONSTRUCTION DDTL   /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    736621 | PA      | $751353.51    | 0.01%             | 2028-06-16      | None          | 11.29%                | No            | 3                  | On Loan: No      |
| SUNLAND ASPHALT & CONSTRUCTION TL   /          | SUNLAND ASPHALT & CONSTRUCTION TL   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1761932 | PA      | $1797170.31   | 0.03%             | 2028-06-16      | Variable      | 10.76%                | No            | 3                  | On Loan: No      |
| SUREWERX PURCHASER DELAYED DRAW   /            | SUREWERX PURCHASER DELAYED DRAW   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $250000.00    | 0.00%             | 2029-12-28      | None          | 9.55%                 | No            | 3                  | On Loan: No      |
| SUREWERX PURCHASER REVOLVER   /                | SUREWERX PURCHASER REVOLVER   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $249988.99    | 0.00%             | 2028-12-28      | None          | 11.99%                | No            | 3                  | On Loan: No      |
| SUREWERX PURCHASER TERM LOAN   /               | SUREWERX PURCHASER TERM LOAN   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2448047 | PA      | $2448046.83   | 0.04%             | 2029-12-28      | Variable      | 9.55%                 | No            | 3                  | On Loan: No      |
| SYMBIOTIC CAPITAL EB FUND LP   /               | SYMBIOTIC CAPITAL EB FUND LP   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4513428.19   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| SYMBIOTIC CAPITAL LIFE SCIENCE CREDIT   /      | SYMBIOTIC CAPITAL LIFE SCIENCE CREDIT   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $12058394.43  | 0.17%             |  |  |  | No            | N/A                | On Loan: No      |
| SYMBIOTIC CAPITAL CREDIT PARALLEL   /          | SYMBIOTIC CAPITAL CREDIT PARALLEL   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $138707690.37 | 2.00%             |  |  |  | No            | N/A                | On Loan: No      |
| TECOSTAR HOLDINGS TL DIRECT COINVEST   /       | TECOSTAR HOLDINGS TL DIRECT COINVEST   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6120838 | PA      | $5973072.91   | 0.09%             | 2029-07-07      | Variable      | 12.33%                | No            | 3                  | On Loan: No      |
| TERSERA THERAPEUTICS REVOLVER   /              | TERSERA THERAPEUTICS REVOLVER   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    227926 | PA      | $227926.08    | 0.00%             | 2029-04-04      | None          | 10.69%                | No            | 3                  | On Loan: No      |
| TERSERA THERAPEUTICS TERM LOAN   /             | TERSERA THERAPEUTICS TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2723563 | PA      | $2723562.66   | 0.04%             | 2029-04-04      | None          | 11.08%                | No            | 3                  | On Loan: No      |
| THOMPSON RIVERS LLC   /                        | THOMPSON RIVERS LLC   /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $302455.60    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| THOROFARE LENDING FUND V MANAGEMENT LL   /     | THOROFARE LENDING FUND V MANAGEMENT LL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $31138145.50  | 0.45%             |  |  |  | No            | N/A                | On Loan: No      |
| THE ARCTICOM GROUP, Co.-Invest   /             | THE ARCTICOM GROUP, Co.-Invest   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    232589 | PA      | $230338.60    | 0.00%             | 2027-12-22      | Variable      | 12.20%                | No            | 3                  | On Loan: No      |
| THE ARCTICOM GROUP, Co.-Invest   /             | THE ARCTICOM GROUP, Co.-Invest   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     37941 | PA      | $37574.39     | 0.00%             | 2027-12-22      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| THE ARCTICOM GROUP, Co.-Invest   /             | THE ARCTICOM GROUP, Co.-Invest   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    982382 | PA      | $972878.89    | 0.01%             | 2027-12-22      | Variable      | 12.16%                | No            | 3                  | On Loan: No      |
| TINICUM L.P. Richard A Smith   /               | TINICUM L.P. Richard A Smith   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7512184.98   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| TINICUM L.P. Jackson Smith   /                 | TINICUM L.P. Jackson Smith   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1053294.49   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| TINICUM L.P. Madeline Smith   /                | TINICUM L.P. Madeline Smith   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1053294.49   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| TINICUM L.P. Ryan Smith   /                    | TINICUM L.P. Ryan Smith   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1053294.49   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| TINICUM L.P. Rober Smith CW   /                | TINICUM L.P. Rober Smith CW   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $256875.69    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| TINICUM TAX EXEMPT FUND LP   /                 | TINICUM TAX EXEMPT FUND LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7540415.88   | 0.11%             |  |  |  | No            | N/A                | On Loan: No      |
| TRINTECH, Inc. REVOLVER   /                    | TRINTECH, Inc. REVOLVER   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    595752 | PA      | $586949.27    | 0.01%             | 2029-07-25      | Variable      | 9.66%                 | No            | 3                  | On Loan: No      |
| TRINTECH, Inc. TERM LOAN   /                   | TRINTECH, Inc. TERM LOAN   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7608415 | PA      | $7495998.55   | 0.11%             | 2029-07-25      | Variable      | 9.66%                 | No            | 3                  | On Loan: No      |
| USERZOOM TECHNOLOGIE 2nd Amendment Term L   /  | USERZOOM TECHNOLOGIE 2nd Amendment Term L   /                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5000000 | PA      | $5000000.00   | 0.07%             | 2029-04-05      | Variable      | 11.80%                | No            | 3                  | On Loan: No      |
| UNITED DIGESTIVE MSO PARENT DDTL   /           | UNITED DIGESTIVE MSO PARENT DDTL   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    594775 | PA      | $592129.89    | 0.01%             | 2029-03-30      | None          | 12.07%                | No            | 3                  | On Loan: No      |
| UNITED DIGESTIVE MSO PARENT REVOLVER   /       | UNITED DIGESTIVE MSO PARENT REVOLVER   /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    275188 | PA      | $273963.88    | 0.00%             | 2029-03-30      | None          | 12.07%                | No            | 3                  | On Loan: No      |
| UNITED DIGESTIVE MSO PARENT TL   /             | UNITED DIGESTIVE MSO PARENT TL   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2209150 | PA      | $2199327.05   | 0.03%             | 2029-03-30      | Variable      | 10.65%                | No            | 3                  | On Loan: No      |
| VDC POWERUP PTE. Ltd. TERM LOAN U   /          | VDC POWERUP PTE. Ltd. TERM LOAN U   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    120733 | PA      | $118318.66    | 0.00%             | 2028-05-20      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| VDC POWERUP PTE. Ltd. TERM LOAN 2U   /         | VDC POWERUP PTE. Ltd. TERM LOAN 2U   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13762567 | PA      | $13487315.34  | 0.19%             | 2028-05-20      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| VDC POWERUP PTE. Ltd. TERM LOAN 2L   /         | VDC POWERUP PTE. Ltd. TERM LOAN 2L   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13413800 | PA      | $13145524.00  | 0.19%             | 2028-05-20      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| VARDIMAN BLACK HOLDI    /                      | VARDIMAN BLACK HOLDI    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    452198 | PA      | $417384.78    | 0.01%             | 2026-03-29      | Variable      | 11.23%                | No            | 3                  | On Loan: No      |
| VARDIMAN BLACK HOLDI    /                      | VARDIMAN BLACK HOLDI    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     16561 | PA      | $15285.81     | 0.00%             | 2026-03-29      | Fixed         | 1.25%                 | No            | 3                  | On Loan: No      |
| VARDIMAN BLACK HOLDI    /                      | VARDIMAN BLACK HOLDI    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3991407 | PA      | $3684121.47   | 0.05%             | 2027-03-18      | Variable      | 11.23%                | No            | 3                  | On Loan: No      |
| VARDIMAN BLACK HOLDI COMMON EQUITY   /         | VARDIMAN BLACK HOLDI COMMON EQUITY   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3639628 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| VARDIMAN BLACK HOLDI PREFERRED EQUITY   /      | VARDIMAN BLACK HOLDI PREFERRED EQUITY   /                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1765938 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| VIDEOAMP PREFERRED EQUITY HOLD   /             | VIDEOAMP PREFERRED EQUITY HOLD   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $7228875.07   | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| VDC POWERUP PTE. Ltd. TERM LOAN 3U   /         | VDC POWERUP PTE. Ltd. TERM LOAN 3U   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6036233 | PA      | $5915508.66   | 0.09%             | 2028-05-20      | Variable      | 9.91%                 | No            | 3                  | On Loan: No      |
| VISTA CAP SOLUTIONS FUND-A LP   /              | VISTA CAP SOLUTIONS FUND-A LP   /                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16461941.71  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| VISTA CREDIT PARTNER FUND IV-B   /             | VISTA CREDIT PARTNER FUND IV-B   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2571921.03   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| VPC CREDIT ORIGINAT ORIGINATION FUND LP   /    | VPC CREDIT ORIGINAT ORIGINATION FUND LP   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $1058595.00   | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| VPC LEGAL FINANCE FUND   /                     | VPC LEGAL FINANCE FUND   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $138580280.81 | 2.00%             |  |  |  | No            | N/A                | On Loan: No      |
| WACCAMAW RIVER LLC LP   /                      | WACCAMAW RIVER LLC LP   /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $2664231.00   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| ABPCI Direct Lending Fund CLO                  | ABPCI DIRECT LENDING FUND CLO XV Ltd.                                        | CUSIP: 000841AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5005567.69   | 0.07%             | 2035-10-30      | Floating      | 12.91%                | Yes           | 3                  | On Loan: No      |
| ABPCI Direct Lending Fund CLO                  | ABPCI DIRECT LENDING FUND CLO XV Ltd.                                        | CUSIP: 000842AJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   8100000 | PA      | $8118483.25   | 0.12%             | 2035-10-30      | Floating      | 10.71%                | Yes           | 3                  | On Loan: No      |
| ABPCI Private Funding LLC                      | ABPCI Private Funding I LLC                                                  | CUSIP: 00091TAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8750000 | PA      | $8743827.42   | 0.13%             | 2036-07-16      | Floating      | 11.70%                | Yes           | 3                  | On Loan: No      |
| ABPCI Direct Lending Fund CLO                  | ABPCI Direct Lending Fund CLO XII Ltd.                                       | CUSIP: 00112TAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  16080000 | PA      | $16075631.03  | 0.23%             | 2037-07-29      | Floating      | 12.54%                | Yes           | 3                  | On Loan: No      |
| ALP CFO LP                                     | Alp CFO 2024 LP                                                              | CUSIP: 00165VAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  18000000 | PA      | $18623880.00  | 0.27%             | 2036-10-15      | Fixed         | 12.88%                | Yes           | 3                  | On Loan: No      |
| Barings Middle Market CLO Ltd.                 | Barings Middle Market CLO Ltd. 2017-I                                        | CUSIP: 06760QAG4<br>LEI: 5493004WD20MH5XRMR98 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003390.82   | 0.03%             | 2034-01-20      | Floating      | 13.25%                | Yes           | 3                  | On Loan: No      |
| Barings Middle Market CLO Ltd.                 | Barings Middle Market CLO Ltd. 2017-I                                        | CUSIP: 06760QAJ8<br>LEI: 5493004WD20MH5XRMR98 | Long             | ABS-CBDO         | CORP              | KY        |   2905983 | PA      | $1595802.76   | 0.02%             | 2034-01-20      | Variable      | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Barings Middle Market CLO Ltd.                 | Barings Middle Market CLO 2023-II Ltd.                                       | CUSIP: 067922AJ3<br>LEI: 2549007Y0JXPKK7NLK37 | Long             | ABS-CBDO         | CORP              | BM        |  16700000 | PA      | $16699449.69  | 0.24%             | 2034-07-20      | Floating      | 11.31%                | Yes           | 3                  | On Loan: No      |
| 17CAPITAL Co.-INVEST FUND V-L LP   /           | 17CAPITAL Co.-INVEST FUND V-L LP   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |         1 | NS      | $5826070.59   | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| 1959 HOLDINGS, LLC FAMILY DOLLAR   /           | 1959 HOLDINGS, LLC FAMILY DOLLAR   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  20500000 | PA      | $20309202.53  | 0.29%             | 2030-07-05      | Variable      | 10.78%                | No            | 3                  | On Loan: No      |
| Deerpath Capital CLO LTD                       | Deerpath Capital CLO 2020-1 Ltd.                                             | CUSIP: 24460RBE2<br>LEI: 9845003DAB58C69E1D91 | Long             | ABS-CBDO         | CORP              | JE        |   3250000 | PA      | $3249775.54   | 0.05%             | 2034-04-17      | Floating      | 10.71%                | Yes           | 3                  | On Loan: No      |
| Golub Capital Partners CLO Ltd                 | Golub Capital Partners CLO 69M                                               | CUSIP: 38179UAH1<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |  13950000 | PA      | $13992451.46  | 0.20%             | 2036-11-09      | Floating      | 10.23%                | Yes           | 3                  | On Loan: No      |
| Guggenheim CLO Ltd                             | Guggenheim MM-C CLO 2023-5 LLC                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |         1 | PA      | $102705506.74 | 1.48%             | 2035-07-25      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| ACM UPRISE 2024 JV LLC   /                     | ACM UPRISE 2024 JV LLC   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $31679094.46  | 0.46%             |  |  |  | No            | N/A                | On Loan: No      |
| ACRE CREDIT PRTLIO II LP   /                   | ACRE CREDIT PRTLIO II LP   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $82214341.46  | 1.19%             |  |  |  | No            | N/A                | On Loan: No      |
| EXACTCARE PARENT, IN    /                      | EXACTCARE PARENT, IN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    442623 | PA      | $441927.60    | 0.01%             | 2029-11-03      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| EXACTCARE PARENT, IN    /                      | EXACTCARE PARENT, IN    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4006660 | PA      | $4000365.52   | 0.06%             | 2029-11-03      | Variable      | 9.75%                 | No            | 3                  | On Loan: No      |
| AFINITI, Inc. FIRST LIEN   /                   | AFINITI, Inc. FIRST LIEN   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1125231 | PA      | $1114598.37   | 0.02%             | 2027-12-03      | Variable      | 11.50%                | No            | 3                  | On Loan: No      |
| AFINITI, Inc. SECOND LIEN   /                  | AFINITI, Inc. SECOND LIEN   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1528775 | PA      | $1407255.21   | 0.02%             | 2031-12-03      | Fixed         | 16.00%                | No            | 3                  | On Loan: No      |
| AG ASSET BASED CREDIT FUND L.P.   /            | AG ASSET BASED CREDIT FUND L.P.   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $115063620.33 | 1.66%             |  |  |  | No            | N/A                | On Loan: No      |
| AG ASSET BASED CREDI EVERGREEN FUND LP   /     | AG ASSET BASED CREDI EVERGREEN FUND LP   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $46163095.89  | 0.67%             |  |  |  | No            | N/A                | On Loan: No      |
| AG ESSENTIAL HOUSING FUND II HOLDINGS LP   /   | AG ESSENTIAL HOUSING FUND II HOLDINGS LP   /                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $5129864.00   | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| ALCAMI Corp. DDTL 1L   /                       | ALCAMI Corp. DDTL 1L   /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    273833 | PA      | $276407.19    | 0.00%             | 2028-12-21      | Variable      | 11.46%                | No            | 3                  | On Loan: No      |
| ALCAMI Corp. REVOLVER 1L   /                   | ALCAMI Corp. REVOLVER 1L   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    508806 | PA      | $508806.26    | 0.01%             | 2028-12-21      | Variable      | 11.25%                | No            | 3                  | On Loan: No      |
| ALCAMI Corp. TL 1L   /                         | ALCAMI Corp. TL 1L   /                                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3720646 | PA      | $3755619.83   | 0.05%             | 2028-12-21      | Variable      | 11.35%                | No            | 3                  | On Loan: No      |
| BLUEFIN HOLDING LLC -REV   /                   | BLUEFIN HOLDING LLC -REV   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    673077 | PA      | $671394.23    | 0.01%             | 2029-09-12      | None          | 12.72%                | No            | 3                  | On Loan: No      |
| BLUEFIN HOLDING LLC - TL   /                   | BLUEFIN HOLDING LLC - TL   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6826923 | PA      | $6809855.77   | 0.10%             | 2029-09-12      | Variable      | 10.56%                | No            | 3                  | On Loan: No      |
| ALTERYX Azurite Intermediate   /               | ALTERYX Azurite Intermediate   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    645833 | PA      | $639375.00    | 0.01%             | 2031-03-19      | Variable      | 10.16%                | No            | 3                  | On Loan: No      |
| ALTERYX Azurite Intermediate   /               | ALTERYX Azurite Intermediate   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    103333 | PA      | $102300.00    | 0.00%             | 2031-03-19      | Fixed         | 0.50%                 | No            | 3                  | On Loan: No      |
| ALTERYX Azurite Intermediate   /               | ALTERYX Azurite Intermediate   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    284167 | PA      | $281325.00    | 0.00%             | 2031-03-19      | Variable      | 10.16%                | No            | 3                  | On Loan: No      |
| ALLEN MEDIA, LLC    /                          | ALLEN MEDIA, LLC    /                                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15521936 | PA      | $15172692.55  | 0.22%             | 2027-09-23      | Variable      | 11.99%                | No            | 3                  | On Loan: No      |
| ALLEN MEDIA, LLC    /                          | ALLEN MEDIA, LLC    /                                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4478064 | PA      | $4377307.45   | 0.06%             | 2027-09-23      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| ALLIANCE ENERGY SERV    /                      | ALLIANCE ENERGY SERV    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10000000 | PA      | $9750000.00   | 0.14%             | 2028-04-11      | Variable      | 12.06%                | No            | 3                  | On Loan: No      |
| ALLIANCE ENERGY SERV    /                      | ALLIANCE ENERGY SERV    /                                                    | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  31300000 | PA      | $30517500.00  | 0.44%             | 2028-04-11      | Variable      | 12.06%                | No            | 3                  | On Loan: No      |
| APEX SERVICE PARTNER ANTARES   /               | APEX SERVICE PARTNER ANTARES   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1148489 | PA      | $1122353.54   | 0.02%             | 2031-04-23      | Fixed         | 14.25%                | No            | 3                  | On Loan: No      |
| APEX SERVICE PARTNER ANTARES   /               | APEX SERVICE PARTNER ANTARES   /                                             | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2362126 | PA      | $2308372.23   | 0.03%             | 2031-04-23      | Fixed         | 14.25%                | No            | 3                  | On Loan: No      |
| ARES INSURANCE PARTNERS LP   /                 | ARES INSURANCE PARTNERS LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $16648216.02  | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES COMMERCIAL FINANCE LP   /                 | ARES COMMERCIAL FINANCE LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $22079249.40  | 0.32%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES COMMERCIAL FINANCE FEEDER (B)   /         | ARES COMMERCIAL FINANCE FEEDER (B)   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $15841995.00  | 0.23%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES COMMERCIAL FINANCE SECONDARY   /          | ARES COMMERCIAL FINANCE SECONDARY   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $26945191.75  | 0.39%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES PRIORITY LOAN Co.-INVEST LP   /           | ARES PRIORITY LOAN Co.-INVEST LP   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $32771847.71  | 0.47%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES PATHFINDER FUND II LP   /                 | ARES PATHFINDER FUND II LP   /                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $8036312.52   | 0.12%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES SPECIAL OPPORT OSSHORES L.P.   /          | ARES SPECIAL OPPORT OSSHORES L.P.   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $4411445.88   | 0.06%             |  |  |  | No            | N/A                | On Loan: No      |
| ARES SPECIAL OPPORTU FUND II LP   /            | ARES SPECIAL OPPORTU FUND II LP   /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $33481102.90  | 0.48%             |  |  |  | No            | N/A                | On Loan: No      |
| ARCHER 2023 FINANCE    /                       | ARCHER 2023 FINANCE    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  27669792 | PA      | $27755568.12  | 0.40%             | 2035-12-28      | Variable      | 16.32%                | No            | 3                  | On Loan: No      |
| ARCHER 2023 FINANCE    /                       | ARCHER 2023 FINANCE    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4498690 | PA      | $4512636.17   | 0.07%             | 2035-12-28      | Variable      | 16.02%                | No            | 3                  | On Loan: No      |
| ARCHER 2023 FINANCE    /                       | ARCHER 2023 FINANCE    /                                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4295691 | PA      | $4309008.13   | 0.06%             | 2035-12-28      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| ARTIVION, INC.    /                            | ARTIVION, INC.    /                                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3448276 | PA      | $3396551.86   | 0.05%             | 2030-01-18      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| ARTIVION, INC.    /                            | ARTIVION, INC.    /                                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6551724 | PA      | $6453448.28   | 0.09%             | 2030-01-18      | Variable      | 10.83%                | No            | 3                  | On Loan: No      |
| TUNDRA MERGER SUB DELAYED DRAW C   /           | TUNDRA MERGER SUB DELAYED DRAW C   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    157879 | PA      | $156351.97    | 0.00%             | 2027-12-22      | Variable      | 11.66%                | No            | 3                  | On Loan: No      |
| THE ARCTICOM GROUP DDTL Co.-INVEST   /         | THE ARCTICOM GROUP DDTL Co.-INVEST   /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4090438 | PA      | $4050868.76   | 0.06%             | 2027-12-22      | None          | 11.93%                | No            | 3                  | On Loan: No      |
| TUNDRA MERGER SUB TERM LOAN   /                | TUNDRA MERGER SUB TERM LOAN   /                                              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    673689 | PA      | $667172.11    | 0.01%             | 2027-12-22      | Variable      | 12.16%                | No            | 3                  | On Loan: No      |
| ASSOCIATIONS, Inc. DDTL A   /                  | ASSOCIATIONS, Inc. DDTL A   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1764113 | PA      | $1746471.77   | 0.03%             | 2028-07-02      | Variable      | 10.74%                | No            | 3                  | On Loan: No      |
| ASSOCIATIONS, Inc. DDTL A   /                  | ASSOCIATIONS, Inc. DDTL A   /                                                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15877016 | PA      | $15718245.97  | 0.23%             | 2028-07-02      | Fixed         | 1.00%                 | No            | 3                  | On Loan: No      |
| ASSOCIATIONS, Inc.    /                        | ASSOCIATIONS, Inc.    /                                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15877016 | PA      | $15718245.97  | 0.23%             | 2028-07-02      | Variable      | 10.74%                | No            | 3                  | On Loan: No      |
| ASSOCIATIONS, Inc. SPECIAL PURPOSE DDTL   /    | ASSOCIATIONS, Inc. SPECIAL PURPOSE DDTL   /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1481855 | PA      | $1467036.29   | 0.02%             | 2028-07-02      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| ASG II, LLC - DDTL DELAY DRAW 1ST LIEN   /     | ASG II, LLC - DDTL DELAY DRAW 1ST LIEN   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    391304 | PA      | $391304.35    | 0.01%             | 2028-05-25      | Variable      | 10.71%                | No            | 3                  | On Loan: No      |
| Helix Acquisition Ho TERM LOAN   /             | Helix Acquisition Ho TERM LOAN   /                                           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5675461 | PA      | $5675460.82   | 0.08%             | 2030-03-31      | Variable      | 11.42%                | No            | 3                  | On Loan: No      |
| HELIUM ACQUIRER Corp.    /                     | HELIUM ACQUIRER Corp.    /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    254782 | PA      | $251913.52    | 0.00%             | 2029-01-05      | Variable      | 9.25%                 | No            | 3                  | On Loan: No      |
| HERCULES PRIVATE GLO FUND V-L LP   /           | HERCULES PRIVATE GLO FUND V-L LP   /                                         | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $189126094.22 | 2.73%             |  |  |  | No            | N/A                | On Loan: No      |
| HONOR TECHNOLOGY, Inc.   /                     | HONOR TECHNOLOGY, Inc.   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    296546 | NC      | $0.00         | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| SINTEC MEDIA NYC, Inc. SINTEC MEDIA TL   /     | SINTEC MEDIA NYC, Inc. SINTEC MEDIA TL   /                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4444703 | PA      | $4286631.84   | 0.06%             | 2029-06-21      | Variable      | 11.00%                | No            | 3                  | On Loan: No      |
| SILFAB, Inc. DELAYED DRAW TERM LO   /          | SILFAB, Inc. DELAYED DRAW TERM LO   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8000000 | PA      | $7800000.00   | 0.11%             | 2028-11-18      | Variable      | 10.79%                | No            | 3                  | On Loan: No      |
| SILFAB, Inc. DELAYED DRAW TERM LO   /          | SILFAB, Inc. DELAYED DRAW TERM LO   /                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $1950000.00   | 0.03%             | 2028-11-18      | Variable      | 10.89%                | No            | 3                  | On Loan: No      |
| SILFAB, Inc. WAREHOUSE   /                     | SILFAB, Inc. WAREHOUSE   /                                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  24000000 | PA      | $23400000.00  | 0.34%             | 2028-11-18      | Variable      | 10.79%                | No            | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** Cliffwater Enhanced Lending Fund

**Signature:** /s/ Lance J. Johnson

**Name of Signer:** Lance J. Johnson

**Title:** Treasurer