# EDGAR Filing Document

**Accession Number:** 0001677615
**File Stem:** 0001193125-25-292326
**Filing Date:** 2025-11
**Character Count:** 64873
**Document Hash:** e988da2ad704edc032aceeb307fbce18
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-292326.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001193125-25-292326

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Project & Trade Finance Tender Fund
- **CENTRAL INDEX KEY:** 0001677615

**ORGANIZATION NAME:**
- **EIN:** 812971155

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23174
- **FILM NUMBER:** 251509903

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Project & Trade Finance Tender Fund
- **DATE OF NAME CHANGE:** 20160620

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Project & Trade Finance Tender Fund

- **b. Investment Company Act file number:** 811-23174

- **c. CIK number of Registrant:** 0001677615

- **d. LEI of Registrant:** 254900KZZTQ7NIF5KQ63

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Project & Trade Finance Tender Fund

- **c. LEI of Series:** 254900KZZTQ7NIF5KQ63

**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:** $961802679.19

**Total Liabilities:** $3536857.49

**Net Assets:** $958265821.70

**Cash Not Reported:** $8966315.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -11.322715000000 | **1-Year:** -464.528565000000 | **5-Year:** -3700.208740000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** -8329.211028000000 | **1-Year:** -66099.621889000000 | **5-Year:** -116828.480572000000 | **10-Year:** -9853.777791000000 | **30-Year:** -0.001744000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.90%                | 0.60%                | 0.76%                |
| Class ID N/A | 0.90%                | 0.60%                | 0.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $450352.95               | $-3940471.63                               |
| Month 2  | $498120.06               | $4710796.25                                |
| Month 3  | $101250.50               | $1646938.95                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Avolon TLB Borrower 1 US LLC                                             | Avolon TLB Borrower 1 US LLC2023 Term Loan B6                                                                             | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |   9925000 | PA      | $9925000.00   | 1.04%             | 2030-06-24      | Floating      | 5.89%                 | Yes           | 3                  | On Loan: No      |
| Toronto-Dominion Bank                                                    | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $269965.48    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                            | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $148237.16    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Credit Agricole CIB                                                      | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | N/A              | DFE              |  | US        |         1 | NC      | $-72102.71    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                            | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $20428.75     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| The Republic of Benin                                                    | The Republic of Benin EUR Tied Commercial Facility                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   2057143 | PA      | $2379075.96   | 0.25%             | 2026-12-21      | Floating      | 6.35%                 | Yes           | 3                  | On Loan: No      |
| Navoi Mining and Metallurgical Company                                   | Navoi Mining and Metallurgical Company Unsecured Term Loan                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   1941569 | PA      | $1941569.39   | 0.20%             | 2027-04-20      | Floating      | 9.09%                 | Yes           | 3                  | On Loan: No      |
| Phoenix Tower International Chile SPA                                    | Phoenix Tower International Chile SPA PTI Americas Syndicated Term Loan                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CL        |  12000000 | PA      | $12161616.36  | 1.27%             | 2027-08-10      | Floating      | 8.00%                 | Yes           | 3                  | On Loan: No      |
| Carmo Energy SA (Carmo) Brazil                                           | Carmo Energy SA (Carmo) Brazil Term Loan                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | BR        |  10500000 | PA      | $10500000.01  | 1.10%             | 2029-12-22      | Floating      | 7.08%                 | Yes           | 3                  | On Loan: No      |
| Beta Lula Central SARL (Lux Incorporated)                                | Beta Lula Central SARL (Lux Inc) Term Loan                                                                                | CUSIP: 000000000<br>LEI: 549300RHAL8DJFKKRG68 | Long             | LON              | CORP              | BR        |  11128284 | PA      | $11303025.30  | 1.18%             | 2030-06-15      | Floating      | 6.96%                 | Yes           | 3                  | On Loan: No      |
| Glencore International AG                                                | Glencore International AG 2022 Term Loan                                                                                  | CUSIP: 000000000<br>LEI: 213800PSSU2QXF1WLR89 | Long             | LON              | CORP              | CH        |  14500482 | PA      | $14348324.58  | 1.50%             | 2027-12-31      | Floating      | 6.66%                 | Yes           | 3                  | On Loan: No      |
| Egyptian General Petroleum Company (EGPC)                                | Egyptian General Petroleum Company (EGPC)Syndicated ITFC Murabaha facility (EGY/0229)                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | EG        |   2420000 | PA      | $2420000.00   | 0.25%             | 2025-10-23      | Floating      | 8.10%                 | Yes           | 3                  | On Loan: No      |
| Ithaca Energy (UK) Limited                                               | Ithaca Energy (UK) LimitedRBL Revolver                                                                                    | CUSIP: 000000000<br>LEI: 213800PNX6EV1XVAFR95 | Long             | LON              | CORP              | GB        |   3237500 | PA      | $3237500.00   | 0.34%             | 2029-12-31      | Floating      | 8.21%                 | Yes           | 3                  | On Loan: No      |
| THE REPUBLIC OF ANGOLA                                                   | The Republic of Angola2024 Short -Term Loan                                                                               | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |   5750000 | PA      | $5750000.00   | 0.60%             | 2025-12-11      | Floating      | 10.06%                | Yes           | N/A                | On Loan: No      |
| State Street Bank & Trust Co.                                            | PURCHASED USD / SOLD GBP                                                                                                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $2393.90      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| African Export-Import Bank                                               | African Export-Import Bank2025 Syndicated ITFC Murabaha facility (REG-209)                                                | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | LON              | CORP              | EG        |   4000000 | PA      | $4000000.00   | 0.42%             | 2026-05-18      | Floating      | 4.94%                 | Yes           | 3                  | On Loan: No      |
| LEOPARD FUNDING LIMITED                                                  | LEOPARD FUNDING LIMITEDPre Export Finance Facility                                                                        | CUSIP: 000000000<br>LEI: 254900V8VSBF43LD7986 | Long             | LON              | CORP              | NG        |   5513514 | PA      | $5537217.10   | 0.58%             | 2029-09-17      | Floating      | 10.29%                | Yes           | 3                  | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                                 | YAPI VE KREDI BANKASI AS2022 Fixed Term Loan 1                                                                            | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | LON              | CORP              | TR        |  10063350 | PA      | $9694884.16   | 1.01%             | 2026-07-23      | Fixed         | 5.21%                 | Yes           | 3                  | On Loan: No      |
| Government of Arab Republic of Egypt EGY/0231                            | Government of Arab Republic of Egypt EGY/0231Syndicated ITFC Murabaha facility (EGY/0231)                                 | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | LON              | NUSS              | EG        |    789629 | PA      | $789629.40    | 0.08%             | 2026-09-21      | Floating      | 7.06%                 | Yes           | 3                  | On Loan: No      |
| NEO ENERGY GROUP LIMITED                                                 | NEO Energy Group Limited2025 Term Loan                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  10774106 | PA      | $10774105.56  | 1.12%             | 2031-06-30      | Floating      | 8.63%                 | Yes           | 3                  | On Loan: No      |
| Impala Terminals Switzerland SAR                                         | Impala Terminals Switzerland SAR2024 Term Loan                                                                            | CUSIP: 000000000<br>LEI: 549300JKGMD4GU0YOP29 | Long             | LON              | CORP              | CH        |  19500000 | PA      | $19500000.00  | 2.03%             | 2028-07-21      | Floating      | 6.52%                 | Yes           | 3                  | On Loan: No      |
| EDRILL VENCEDOR PTE LTD                                                  | Edrill Vencedor Pte LtdTranche A Term Loan                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TH        |   3434666 | PA      | $3418809.49   | 0.36%             | 2028-02-29      | Floating      | 7.88%                 | Yes           | 3                  | On Loan: No      |
| African Export-Import Bank                                               | AFRICAN EXPORT IMPORT BANK 2025 EUR SYNDICATED COM Facilities                                                             | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | LON              | CORP              | EG        |   7000000 | PA      | $8192854.73   | 0.85%             | 2026-02-27      | Floating      | 2.82%                 | Yes           | 3                  | On Loan: No      |
| Toronto-Dominion Bank                                                    | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              |  | US        |         1 | NC      | $-49024.07    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Minister of Finance of Ukraine                                           | Minister of Finance of Ukraine EUR Senior Unsecured Term Loan                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | UA        |   3500000 | PA      | $3524389.28   | 0.37%             | 2026-09-01      | Floating      | 6.18%                 | Yes           | 3                  | On Loan: No      |
| The Republic of Benin                                                    | The Republic of Benin EUR Fixed Uninsured Tied Commercial Facility                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   2228571 | PA      | $2616455.78   | 0.27%             | 2026-12-21      | Fixed         | 6.35%                 | Yes           | 3                  | On Loan: No      |
| JSC UzAuto Motors                                                        | JSC UzAuto Motors 2023 Unsecured Syndicated Term Loan                                                                     | CUSIP: 000000000<br>LEI: 25490082QA3E2MKBZI88 | Long             | LON              | CORP              | XX        |   1600000 | PA      | $1600000.00   | 0.17%             | 2026-08-24      | Floating      | 8.51%                 | Yes           | 3                  | On Loan: No      |
| ENI Trade & Biofuels SPA                                                 | ENI TRADE + BIOFUELS SPA FIXED RECEIVABLE RISK PART Term Loan                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IT        |   9539332 | PA      | $9513202.11   | 0.99%             | 2025-10-22      | Fixed         | 4.52%                 | Yes           | 3                  | On Loan: No      |
| THE REPUBLIC OF ANGOLA                                                   | THE REPUBLIC OF ANGOLA 2024 EUR TERM LOAN                                                                                 | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |   1998709 | PA      | $2265629.19   | 0.24%             | 2029-03-08      | Floating      | 6.35%                 | Yes           | 3                  | On Loan: No      |
| Republic of Senegal Ministry of Finance and Budget                       | Republic of Senegal Ministry of Finance and Budget 2023 EUR Term Loan                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |   8000000 | PA      | $9341089.43   | 0.97%             | 2026-03-01      | Floating      | 6.85%                 | Yes           | 3                  | On Loan: No      |
| Alfa Lula Alto SARL                                                      | Alfa Lula Alto SARL Term Loan Tranche B                                                                                   | CUSIP: 000000000<br>LEI: 549300EXUOF3G2SCPA35 | Long             | LON              | CORP              | BR        |   1921841 | PA      | $1970451.23   | 0.21%             | 2029-12-15      | Floating      | 6.87%                 | Yes           | 3                  | On Loan: No      |
| Qatar Electricity and Water Company Q.P.S.C                              | Qatar Electricity and Water Company QPSC Term Loan                                                                        | CUSIP: 000000000<br>LEI: 25490013GYOH69GNID36 | Long             | LON              | CORP              | QA        |   2942286 | PA      | $2919031.58   | 0.30%             | 2027-06-30      | Floating      | 5.33%                 | Yes           | 3                  | On Loan: No      |
| Ten Ghana MV25 B.V.                                                      | Ten Ghana MV25 BV Term Loan                                                                                               | CUSIP: 000000000<br>LEI: 5493006FDLBIFXFO2L56 | Long             | LON              | CORP              | GH        |   2469569 | PA      | $2313922.07   | 0.24%             | 2026-03-15      | Floating      | 7.74%                 | Yes           | 3                  | On Loan: No      |
| Sonangol Finance Ltd.                                                    | Sonangol Finance Ltd. 2023 Term Loan                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  11259538 | PA      | $11259538.03  | 1.17%             | 2027-09-30      | Floating      | 9.68%                 | Yes           | 3                  | On Loan: No      |
| ENERGIA MAYAKAN S DE RL DE CV                                            | Energia Mayakan S de RL de CVTerm Loan (2125M)                                                                            | CUSIP: 000000000<br>LEI: 2549004A4T5DABRBMJ37 | Long             | LON              | CORP              | MX        |   5585931 | PA      | $5585931.36   | 0.58%             | 2031-03-20      | Floating      | 6.91%                 | Yes           | 3                  | On Loan: No      |
| Maher Terminal LLC                                                       | Maher Terminal LLC Senior Secured Term Loan                                                                               | CUSIP: 000000000<br>LEI: 5493003O33D623BOS892 | Long             | LON              | CORP              | US        |   9000000 | PA      | $9000000.00   | 0.94%             | 2025-11-17      | Floating      | 6.91%                 | Yes           | 3                  | On Loan: No      |
| Republic of Cote d'Ivoire The                                            | Republic of Cote d'Ivoire The 2024 EUR Upsize Term Loan                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |  12500000 | PA      | $14675633.28  | 1.53%             | 2026-03-09      | Floating      | 5.15%                 | Yes           | 3                  | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                                 | Yapi ve Kredi Bankasi AS2025 EUR Term Loan                                                                                | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | LON              | CORP              | TR        |  10000000 | PA      | $11698393.19  | 1.22%             | 2026-06-15      | Floating      | 2.98%                 | Yes           | 3                  | On Loan: No      |
| Ministry of Finance of Tanzania                                          | Ministry of Finance of Tanzania 2019 Term Loan                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TZ        |   4000000 | PA      | $4000000.00   | 0.42%             | 2026-08-09      | Floating      | 10.44%                | Yes           | 3                  | On Loan: No      |
| Republic of Cote d'Ivoire The                                            | Republic of Cote d'Ivoire The 2020 EUR 7-Year Syndicated Term Loan                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |   5486111 | PA      | $6440971.80   | 0.67%             | 2028-01-08      | Floating      | 7.78%                 | Yes           | 3                  | On Loan: No      |
| Tillman Infrastructure ABS SUB 1, LLC                                    | Tillman Infrastructure ABS SUB 1, LLC Term Loan Tranche A                                                                 | CUSIP: 000000000<br>LEI: 549300QY0CJBJHW55V24 | Long             | LON              | CORP              | US        |   8500000 | PA      | $8551445.23   | 0.89%             | 2029-04-23      | Floating      | 7.32%                 | Yes           | 3                  | On Loan: No      |
| TRAFIGURA PTE LTD                                                        | Trafigura PTE LTD2023 Uncommitted Trade Finance Facility                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SG        |  15400000 | PA      | $15438677.12  | 1.61%             | 2026-06-30      | Floating      | 5.66%                 | Yes           | 3                  | On Loan: No      |
| VANTAGE TOWERS AG                                                        | Vantage Towers AGEUR Term Loan                                                                                            | CUSIP: 000000000<br>LEI: 213800BBQO965UPQ7J59 | Long             | LON              | CORP              | DE        |   9000000 | PA      | $10566455.96  | 1.10%             | 2030-03-21      | Floating      | 6.00%                 | Yes           | 3                  | On Loan: No      |
| Caliche Development Partners III LLC, SPV                                | Caliche Development Partners III LLC, SPV Senior Secured Term Loan                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7697386 | PA      | $7691171.00   | 0.80%             | 2029-10-01      | Floating      | 6.37%                 | Yes           | N/A                | On Loan: No      |
| Eastern and Southern African Trade and Development Bank                  | Eastern and Southern African Trade and Development Bank2024 USD Tranche A Term Loan                                       | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   4000000 | PA      | $3996501.04   | 0.42%             | 2026-12-16      | Floating      | 5.77%                 | Yes           | N/A                | On Loan: No      |
| JOINT STOCK COMPANY ASAKABANK                                            | Joint Stock Company Asakabank2025 Syndicated Term Loan                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  10400000 | PA      | $10400000.00  | 1.09%             | 2026-04-29      | Floating      | 6.63%                 | Yes           | 3                  | On Loan: No      |
| Republic of Senegal Ministry of Finance and Budget                       | Republic of Senegal Ministry of Finance and Budget 2023 EUR 1st Lien Term Loan                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | XX        |  10937500 | PA      | $12248582.46  | 1.28%             | 2028-12-22      | Floating      | 7.87%                 | Yes           | 3                  | On Loan: No      |
| Staatsolie Maatschappij Suriname NV                                      | Staatsolie Maatschappij Suriname NV2025 Term Loan                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SR        |  16000000 | PA      | $16000000.00  | 1.67%             | 2032-05-24      | Floating      | 9.82%                 | Yes           | 3                  | On Loan: No      |
| BP OIL INTERNATIONAL LTD                                                 | BP OIL INTERNATIONAL LTD PREPAYMENT TERM LOAN                                                                             | CUSIP: 000000000<br>LEI: 549300YG7WG1HR9KGW98 | Long             | LON              | CORP              | GB        |  10000000 | PA      | $9999995.10   | 1.04%             | 2025-10-08      | Floating      | 4.53%                 | Yes           | 3                  | On Loan: No      |
| Prime Oil and Gas Cooperatief UA                                         | Prime Oil and Gas Cooperatief UA Revolver                                                                                 | CUSIP: 000000000<br>LEI: 549300TOUWS8F4NPOG76 | Long             | LON              | CORP              | NG        |   4711905 | PA      | $4694684.92   | 0.49%             | 2029-06-30      | Floating      | 8.41%                 | Yes           | 3                  | On Loan: No      |
| TURK EXIMBANK                                                            | Turk Eximbank2024 USD Term Loan                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TR        |   5000000 | PA      | $5000000.00   | 0.52%             | 2025-12-29      | Floating      | 5.46%                 | Yes           | 3                  | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                       | Venture Global Plaquemines LNG LLC2024 Contingency Reserve Delayed Draw Term Loan                                         | CUSIP: 000000000<br>LEI: 549300TKP4I6OJ02BF90 | Long             | LON              | CORP              | US        |    845801 | PA      | $846858.02    | 0.09%             | 2029-05-25      | Floating      | 6.38%                 | Yes           | 2                  | On Loan: No      |
| VMOS SA                                                                  | VMOS SA 1st Lien Term Loan                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AR        |   2160000 | PA      | $2160000.00   | 0.23%             | 2030-07-08      | Floating      | 9.70%                 | Yes           | 3                  | On Loan: No      |
| IHS Holding Limited, Cayman Island Incorporation                         | IHS Holding Limited, Cayman Island Incorporation 2024 Unsecured Term Loan                                                 | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | LON              | CORP              | NG        |   9500000 | PA      | $9500000.00   | 0.99%             | 2029-10-07      | Floating      | 8.82%                 | Yes           | 3                  | On Loan: No      |
| T.C. Ziraat Bankasi A.S.                                                 | T.C. Ziraat Bankasi A.S.2025 USD Dual Currency Term Loan                                                                  | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | LON              | CORP              | TR        |   5000000 | PA      | $4989567.80   | 0.52%             | 2026-05-25      | Floating      | 5.42%                 | Yes           | 3                  | On Loan: No      |
| Oman Electricity Transmission Company S.A.O.C.                           | Oman Electricity Transmission Company S.A.O.C.Term Loan                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | OM        |  17000000 | PA      | $17005099.66  | 1.77%             | 2026-03-26      | Floating      | 8.60%                 | Yes           | 3                  | On Loan: No      |
| JSC ALMALYK MMC                                                          | JSC Almalyk MMCEUR 5 Years Senior Unsecured Term Loan                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   7050000 | PA      | $8277057.17   | 0.86%             | 2030-02-23      | Floating      | 5.33%                 | Yes           | 3                  | On Loan: No      |
| Government of Arab Republic of Egypt EGY/0236                            | GOV OF AR REP OF EGYPT EGY0236 SYNDICA ITFC MURA Facilities EGY0236                                                       | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | LON              | CORP              | EG        |   1940850 | PA      | $1940850.28   | 0.20%             | 2026-09-24      | Floating      | 7.90%                 | Yes           | 3                  | On Loan: No      |
| Standard Chartered Bank                                                  | PURCHASED USD / SOLD EUR                                                                                                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $-67451.50    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Federated Government Obligations Fund                                    | Federated Hermes Government Obligations Fund                                                                              | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |  28958712 | NS      | $28958711.84  | 3.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmony Gold Mining Company Limited                                      | HARMONY GOLD MINING COMP LTD TERM LOAN                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | ZA        |   5500000 | PA      | $5500000.00   | 0.57%             | 2027-05-31      | Floating      | 7.21%                 | Yes           | 3                  | On Loan: No      |
| Government of The Republic of Kenya Acting through The National Treasury | Government of The Republic of Kenya Acting through The National Treasury 2019 Syndicated Term Loan facility               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | KE        |   1000000 | PA      | $1000000.00   | 0.10%             | 2026-03-04      | Floating      | 10.92%                | Yes           | 3                  | On Loan: No      |
| State Oil Company of Azerbaijan Republic                                 | State Oil Company of Azerbaijan Republic 2021 Term Loan                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   5000000 | PA      | $5000000.00   | 0.52%             | 2026-08-11      | Floating      | 8.22%                 | Yes           | 3                  | On Loan: No      |
| The Republic of Benin MOF 2                                              | The Republic of Benin MOF 2 EUR Term Loan                                                                                 | CUSIP: 000000000<br>LEI: 635400Q11P6AE5A5Y230 | Long             | LON              | NUSS              | XX        |   2071429 | PA      | $2431962.10   | 0.25%             | 2027-04-30      | Floating      | 6.07%                 | Yes           | 3                  | On Loan: No      |
| Heritage Petroleum Company Limited                                       | Heritage Petroleum Company Limited Term Loan                                                                              | CUSIP: 000000000<br>LEI: 25490055MYPABN06OA04 | Long             | LON              | CORP              | TT        |  11260880 | PA      | $11260880.02  | 1.18%             | 2029-05-05      | Floating      | 9.55%                 | Yes           | 3                  | On Loan: No      |
| Government of Arab Republic of Egypt EGY-228 (GASC)                      | Government of Arab Republic of Egypt EGY-228 (GASC) Syndicated ITFC Murabaha facility (EGY/0228)                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | EG        |    757145 | PA      | $757144.71    | 0.08%             | 2026-06-01      | Floating      | 8.24%                 | Yes           | 3                  | On Loan: No      |
| HTA Group Ltd                                                            | HTA GROUP LTD 2024 TRANCHE C TERM LOAN                                                                                    | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | LON              | CORP              | US        |   5722500 | PA      | $5719886.53   | 0.60%             | 2028-09-13      | Floating      | 8.82%                 | Yes           | 3                  | On Loan: No      |
| TAAG - Linhas Aereas de Angola                                           | TAAG - Linhas Aereas de AngolaPre-Delivery Payments Financing Facility                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  16500000 | PA      | $16500000.00  | 1.72%             | 2025-09-02      | Floating      | 9.31%                 | Yes           | 3                  | On Loan: No      |
| T.C. Ziraat Bankasi A.S.                                                 | T.C. Ziraat Bankasi A.S.2025 EUR Dual Currency Term Loan                                                                  | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | LON              | CORP              | TR        |   5000000 | PA      | $5837088.85   | 0.61%             | 2026-05-25      | Floating      | 2.86%                 | Yes           | 3                  | On Loan: No      |
| ISLAMIC REPUBLIC OF PAKISTAN                                             | ISLAMIC REPUBLIC OF PAKISTAN2025 Term Loan (PAK-216)                                                                      | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | LON              | NUSS              | PK        |   6659406 | PA      | $6791732.92   | 0.71%             | 2026-08-24      | Floating      | 7.88%                 | Yes           | 3                  | On Loan: No      |
| African Export-Import Bank                                               | African Export-Import Bank2024 Syndicated Commercial Facility                                                             | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | LON              | CORP              | EG        |  12500000 | PA      | $12500000.00  | 1.30%             | 2025-12-13      | Floating      | 5.59%                 | Yes           | 3                  | On Loan: No      |
| Republic of Cote d'Ivoire The                                            | Republic of Cote d'Ivoire The2025 EUR 12 M Short Unsecured Syndicated Term Loan                                           | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | LON              | NUSS              | CI        |  11500000 | PA      | $13501582.62  | 1.41%             | 2026-07-14      | Floating      | 4.92%                 | Yes           | 3                  | On Loan: No      |
| Tartaruga MV29 B.V.                                                      | Tartaruga MV29 B.V.Term Loan                                                                                              | CUSIP: 000000000<br>LEI: 724500Z80MK53W5EQU19 | Long             | LON              | CORP              | NL        |  16474498 | PA      | $16462980.95  | 1.72%             | 2032-03-15      | Floating      | 6.76%                 | Yes           | 3                  | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                       | Venture Global Plaquemines LNG LLCBase Term Loan                                                                          | CUSIP: 000000000<br>LEI: 549300TKP4I6OJ02BF90 | Long             | LON              | CORP              | US        |   6639400 | PA      | $6647699.42   | 0.69%             | 2029-05-25      | Floating      | 6.38%                 | Yes           | 2                  | On Loan: No      |
| YINSON AZALEA PRODUCTION                                                 | Yinson Azalea Production Term Loan A                                                                                      | CUSIP: 000000000<br>LEI: 254900G6K1J3N945GS77 | Long             | LON              | CORP              | SG        |  11243498 | PA      | $11243498.12  | 1.17%             | 2032-03-31      | Floating      | 7.31%                 | Yes           | 3                  | On Loan: No      |
| Sonangol Finance Ltd.                                                    | Sonangol Finance Ltd.2021 Term Loan                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   3064286 | PA      | $3064285.76   | 0.32%             | 2026-09-30      | Floating      | 9.52%                 | Yes           | 3                  | On Loan: No      |
| Vicentin S.A.I.C.                                                        | VICENTIN S.A.I.C. PRE EXPORT TERM LOAN                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AR        |         1 | PA      | $0.00         | 0.00%             | 2099-12-31      | Floating      | 11.58%                | Yes           | 3                  | On Loan: No      |
| The Sharjah Electricity and Water Authority                              | The Sharjah Electricity and Water Authority 2020 Term Loan                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | AE        |     76923 | PA      | $76923.08     | 0.01%             | 2025-12-23      | Floating      | 6.61%                 | Yes           | 3                  | On Loan: No      |
| IHS Zambia                                                               | IHS Zambia 2021 Term Loan                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | ZM        |   7634615 | PA      | $7843013.63   | 0.82%             | 2027-12-15      | Floating      | 9.58%                 | Yes           | 3                  | On Loan: No      |
| Guarantor Aercap Holdings N.V                                            | Guarantor Aercap Holdings N.V Term Loan                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |   3289796 | PA      | $3289796.03   | 0.34%             | 2028-12-31      | Floating      | 5.50%                 | Yes           | 3                  | On Loan: No      |
| PJSC Acron                                                               | PJSC Acron Syndicated Committed Pre-Export Finance Facility                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5270241 | PA      | $5254456.24   | 0.55%             | 2026-05-18      | Floating      | 5.98%                 | Yes           | 3                  | On Loan: No      |
| International Beverage Tashkent                                          | International Beverage Tashkent Term Loan                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   9515625 | PA      | $9515625.00   | 0.99%             | 2026-12-29      | Floating      | 9.09%                 | Yes           | 3                  | On Loan: No      |
| Sonasing Xikomba Limited                                                 | Sonasing Xikomba Limited Term Loan                                                                                        | CUSIP: 000000000<br>LEI: 5493002VK80U0VQRT352 | Long             | LON              | CORP              | XX        |   3550683 | PA      | $3550683.46   | 0.37%             | 2026-05-29      | Floating      | 6.91%                 | Yes           | 3                  | On Loan: No      |
| CC Energy Development Limited - BVI Incorporated                         | CC Energy Development Limited - BVI Incorporated Borrowing Base Facility                                                  | CUSIP: 000000000<br>LEI: 3003002B8IFJYQS02Y36 | Long             | LON              | CORP              | OM        |  11000000 | PA      | $11000000.00  | 1.15%             | 2030-12-31      | Floating      | 8.39%                 | Yes           | 3                  | On Loan: No      |
| Azule Energy Holding Ltd                                                 | Azule Energy Holding Ltd Pre Export Term Loan                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |  15000000 | PA      | $15145138.65  | 1.58%             | 2029-07-29      | Floating      | 8.67%                 | Yes           | 3                  | On Loan: No      |
| Eastern and Southern African Trade and Development Bank                  | Eastern and Southern African Trade and Development Bank 2023 Tranche B 1 Term Loan                                        | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   5000000 | PA      | $5000000.00   | 0.52%             | 2026-11-23      | Floating      | 6.02%                 | Yes           | 3                  | On Loan: No      |
| TDC Net A/S                                                              | TDC Net A/S EUR Sustainability Linked Senior Term Loan                                                                    | CUSIP: 000000000<br>LEI: 549300SH2G3R15Y3FX20 | Long             | LON              | CORP              | DE        |  12750000 | PA      | $14969145.95  | 1.56%             | 2027-02-02      | Floating      | 4.47%                 | Yes           | 3                  | On Loan: No      |
| Papua New Guinea Liquefied Natural Gas Global Company LDC                | Papua New Guinea Liquefied Natural Gas Global Company LDC 2013 Supplemental Senior Debt Uncovered Bank Term Loan Facility | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | PG        |    345350 | PA      | $345349.60    | 0.04%             | 2026-06-15      | Floating      | 8.44%                 | Yes           | 3                  | On Loan: No      |
| Eesti Energia AS                                                         | Eesti Energia AS EUR Term Loan                                                                                            | CUSIP: 000000000<br>LEI: 5493005044RTLQ5RZU70 | Long             | LON              | CORP              | EE        |   5499970 | PA      | $6457243.42   | 0.67%             | 2028-05-11      | Floating      | 6.60%                 | Yes           | 3                  | On Loan: No      |
| Egyptian Ethylene & Derivatives Company SAE                              | Egyptian Ethylene & Derivatives Company SAE Term Loan                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | EG        |   3227500 | PA      | $3227499.99   | 0.34%             | 2028-09-13      | Floating      | 8.04%                 | Yes           | 3                  | On Loan: No      |
| Alfa Lula Alto SARL                                                      | Alfa Lula Alto SARL Term Loan Tranche A                                                                                   | CUSIP: 000000000<br>LEI: 549300EXUOF3G2SCPA35 | Long             | LON              | CORP              | BR        |   7900949 | PA      | $8059379.47   | 0.84%             | 2028-01-15      | Floating      | 6.70%                 | Yes           | 3                  | On Loan: No      |
| Phoenix Tower International (PTI) Iberica V, NewCo                       | Phoenix Tower International (PTI) Iberica V, NewCo EUR Refinancing Term Loan                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IT        |   7800000 | PA      | $9528064.77   | 0.99%             | 2030-10-25      | Floating      | 4.81%                 | Yes           | 3                  | On Loan: No      |
| Phoenix Tower International (PTI) Iberica V, NewCo                       | Phoenix Tower International (PTI) Iberica V, NewCo EUR Acquisition/Capex Term Loan                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IT        |   7700000 | PA      | $9405910.09   | 0.98%             | 2030-10-25      | Floating      | 4.81%                 | Yes           | 3                  | On Loan: No      |
| Medina Partnership, S.A.                                                 | Medina Partnership, S.A. EUR Term Loan                                                                                    | CUSIP: 000000000<br>LEI: 95980009Z4RBNZPHLM09 | Long             | LON              | CORP              | ES        |   5103159 | PA      | $5982885.19   | 0.62%             | 2029-04-30      | Floating      | 5.03%                 | Yes           | 3                  | On Loan: No      |
| Gridiron Fiber Corp.                                                     | Gridiron Fiber Corp. 2023 Term Loan                                                                                       | CUSIP: 000000000<br>LEI: 254900FRDJ7U5ZYHHW28 | Long             | LON              | CORP              | US        |  10972500 | PA      | $10972500.00  | 1.15%             | 2032-04-01      | Floating      | 7.75%                 | Yes           | 3                  | On Loan: No      |
| HTA GROUP LTD                                                            | HTA Group Ltd 2024 Term Loan Tranche A                                                                                    | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | LON              | CORP              | US        |   5800000 | PA      | $5739492.89   | 0.60%             | 2028-09-13      | Floating      | 8.82%                 | Yes           | 3                  | On Loan: No      |
| Marfrig Global Foods SA                                                  | Marfrig Global Foods SA Advance on Foreign Exchange Contracts Term Loan                                                   | CUSIP: 000000000<br>LEI: 391200219USWMOBN3F92 | Long             | LON              | CORP              | BR        |  12500000 | PA      | $12546538.63  | 1.31%             | 2026-04-27      | Floating      | 5.94%                 | Yes           | 3                  | On Loan: No      |
| Puma International Financing S.A.                                        | Puma International Financing S.A. 2024 Sustainability Linked Term Loan                                                    | CUSIP: 000000000<br>LEI: 222100YFBPO7IDRUBR17 | Long             | LON              | CORP              | LU        |  12018182 | PA      | $12003745.21  | 1.25%             | 2028-06-04      | Floating      | 6.35%                 | Yes           | 3                  | On Loan: No      |
| BlueNord Energy Denmark AS                                               | BLUENORD ENERGY DENMARK AS TERM LOAN                                                                                      | CUSIP: 000000000<br>LEI: 213800GRFGOYKMAT8217 | Long             | LON              | CORP              | DK        |  10173913 | PA      | $10173913.04  | 1.06%             | 2029-12-31      | Floating      | 8.17%                 | Yes           | 3                  | On Loan: No      |
| Eastern and Southern African Trade and Development Bank                  | Eastern and Southern African Trade and Development Bank 2023 Tranche A-1 Term Loan                                        | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   2000000 | PA      | $1998675.24   | 0.21%             | 2025-11-23      | Floating      | 5.91%                 | Yes           | 3                  | On Loan: No      |
| NATIONAL BANK OF EGYPT                                                   | National Bank of Egypt 2024 1st Lien Deferred Payment LC                                                                  | CUSIP: 000000000<br>LEI: 2138001QZGOK42KGQM03 | Long             | LON              | CORP              | EG        |  15000000 | PA      | $15000000.00  | 1.57%             | 2026-06-03      | Floating      | 6.17%                 | Yes           | 3                  | On Loan: No      |
| PETROLEOS DEL PERU                                                       | PETROLEOS DEL PERU 2023 TERM LOAN                                                                                         | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | LON              | CORP              | PE        |  13000000 | PA      | $13034528.78  | 1.36%             | 2025-11-13      | Floating      | 9.59%                 | Yes           | 3                  | On Loan: No      |
| ISLAMIC REPUBLIC OF PAKISTAN                                             | Islamic Republic of Pakistan2024 Term Loan (PAK-212)                                                                      | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | LON              | NUSS              | PK        |   7833236 | PA      | $7934881.09   | 0.83%             | 2025-12-01      | Floating      | 8.33%                 | Yes           | 3                  | On Loan: No      |
| Joint Stock Commercial Bank Agrobank                                     | Joint Stock Commercial Bank Agrobank2024 1st Lien Tranche A Term Loan                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | XX        |   8750000 | PA      | $8750000.00   | 0.91%             | 2025-11-25      | Floating      | 7.39%                 | Yes           | 3                  | On Loan: No      |
| GY-DW-UK-IV Limited                                                      | GY-DW-UK-IV LimitedSenior Secured Project Financing                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |  14276538 | PA      | $14249653.43  | 1.49%             | 2028-08-14      | Floating      | 6.10%                 | Yes           | N/A                | On Loan: No      |
| BANK OF INDUSTRY LIMITED                                                 | Bank of Industry Limited2024 3 Year Syndicated AFC Term Loan                                                              | CUSIP: 000000000<br>LEI: 5493006N5JD4B34R6G14 | Long             | LON              | CORP              | NG        |  10000000 | PA      | $10000000.00  | 1.04%             | 2027-09-30      | Floating      | 6.39%                 | Yes           | N/A                | On Loan: No      |
| Eastern and Southern African Trade and Development Bank                  | Eastern and Southern African Trade and Development Bank2024 USD Tranche B Term Loan                                       | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | LON              | CORP              | ZA        |   4000000 | PA      | $3989195.80   | 0.42%             | 2027-12-16      | Floating      | 5.77%                 | Yes           | N/A                | On Loan: No      |
| Dobson Technologies, Inc                                                 | Dobson Technologies, IncTerm Loan                                                                                         | CUSIP: 000000000<br>LEI: 549300I3VRNSI6JUXB69 | Long             | LON              | CORP              | US        |  12991875 | PA      | $12885308.89  | 1.34%             | 2029-09-26      | Floating      | 8.09%                 | Yes           | N/A                | On Loan: No      |
| Telekom Srbija a. d. Beograd                                             | Telekom Srbija a. d. Beograd2024 EUR Term Loan                                                                            | CUSIP: 000000000<br>LEI: 254900OVY0XI1DFYC092 | Long             | LON              | CORP              | RS        |   9200000 | PA      | $10862647.10  | 1.13%             | 2029-12-05      | Floating      | 5.57%                 | Yes           | 3                  | On Loan: No      |
| OQ Exploration and Production SAOC                                       | OQ Exploration and Production SAOCTerm Loan                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | OM        |   9000000 | PA      | $9027421.11   | 0.94%             | 2026-09-17      | Floating      | 4.69%                 | Yes           | 3                  | On Loan: No      |
| MERCURIA ENERGY TRADING SA                                               | Mercuria Energy Trading SATerm Loan                                                                                       | CUSIP: 000000000<br>LEI: 549300G6ZUFBJVLAJQ46 | Long             | LON              | CORP              | KZ        |   3333333 | PA      | $3333333.46   | 0.35%             | 2025-12-15      | Floating      | 6.65%                 | Yes           | 3                  | On Loan: No      |
| NIGERIA LNG LIMITED                                                      | Nigeria LNG LimitedCommercial Term Loan                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NG        |   8352538 | PA      | $8226006.12   | 0.86%             | 2029-03-31      | Floating      | 8.01%                 | Yes           | 3                  | On Loan: No      |
| TURK EXIMBANK                                                            | Turk Eximbank2024 EUR Term Loan                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TR        |  10000000 | PA      | $11735421.58  | 1.22%             | 2025-11-13      | Floating      | 3.15%                 | Yes           | 3                  | On Loan: No      |
| YECO LEASING LIMITED                                                     | Yeco Leasing LimitedSenior Secured Portfolio Aircraft Financing                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |  14904290 | PA      | $14904289.94  | 1.56%             | 2029-12-15      | Floating      | 6.33%                 | Yes           | 3                  | On Loan: No      |
| Antin Elephant Bidco B.V                                                 | Antin Elephant Bidco B.VEUR Term Loan B                                                                                   | CUSIP: 000000000<br>LEI: 213800G9QN7P1DCM3137 | Long             | LON              | CORP              | NL        |  12237931 | PA      | $14277995.00  | 1.49%             | 2029-06-29      | Floating      | 4.37%                 | Yes           | 3                  | On Loan: No      |
| GLENCORE INTERNATIONAL AG                                                | Glencore International AG2023 Term Loan                                                                                   | CUSIP: 000000000<br>LEI: 213800PSSU2QXF1WLR89 | Long             | LON              | CORP              | CH        |  12184918 | PA      | $12239161.83  | 1.28%             | 2029-12-31      | Floating      | 7.00%                 | Yes           | 3                  | On Loan: No      |
| NEO ENERGY GROUP LIMITED                                                 | NEO Energy Group Limited2025 GBP Term Loan                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    278229 | PA      | $374189.39    | 0.04%             | 2031-06-30      | Floating      | 8.24%                 | Yes           | 3                  | On Loan: No      |
| Northern Hydrocarbon Funding Limited (NH)                                | Northern Hydrocarbon Funding Limited (NH)Pre Export Finance debt Facility                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NG        |  14162011 | PA      | $14211916.54  | 1.48%             | 2029-09-30      | Floating      | 9.54%                 | Yes           | 3                  | On Loan: No      |
| Edrill T15 PTE.LTD                                                       | Edrill T15 PTE.LTDTranche B Term Loan                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | TH        |   3103334 | PA      | $3089046.62   | 0.32%             | 2028-02-29      | Floating      | 7.88%                 | Yes           | 3                  | On Loan: No      |
| THE REPUBLIC OF ANGOLA                                                   | THE REPUBLIC OF ANGOLA 2022 EUR TERM LOAN 1                                                                               | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | LON              | NUSS              | XX        |   1000000 | PA      | $1158788.00   | 0.12%             | 2027-03-03      | Floating      | 6.34%                 | Yes           | 3                  | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                        | Venture Global Calcasieu Pass, LLC Term Loan                                                                              | CUSIP: 000000000<br>LEI: 549300GKHS6RS20NLH85 | Long             | LON              | CORP              | US        |   8552145 | PA      | $8552144.81   | 0.89%             | 2026-08-19      | Floating      | 7.14%                 | Yes           | 3                  | On Loan: No      |
| TRANSNET SOC LTD                                                         | Transnet SOC LtdTerm Loan                                                                                                 | CUSIP: 000000000<br>LEI: 378900B07CD6F01EA796 | Long             | LON              | CORP              | ZA        |   9400000 | PA      | $9400000.00   | 0.98%             | 2027-06-21      | Floating      | 8.97%                 | Yes           | N/A                | On Loan: No      |
| Republic of Cote d'Ivoire The                                            | Republic of Cote d'Ivoire The2025 EUR 12 M Short Syndicated Term Loan                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | NUSS              | CI        |  15000000 | PA      | $17610759.94  | 1.84%             | 2026-03-18      | Floating      | 5.16%                 | Yes           | 3                  | On Loan: No      |
| Telekom Srbija a. d. Beograd                                             | Telekom Srbija a. d. Beograd2025 EUR Term Loan                                                                            | CUSIP: 000000000<br>LEI: 254900OVY0XI1DFYC092 | Long             | LON              | CORP              | RS        |   4000000 | PA      | $4722029.79   | 0.49%             | 2028-07-03      | Floating      | 7.85%                 | Yes           | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Federated Hermes Project & Trade Finance Tender Fund

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Project & Trade Finance Tender Fund

**Title:** Chief Compliance Officer