# EDGAR Filing Document

**Accession Number:** 0002055004
**File Stem:** 0001193125-26-066572
**Filing Date:** 2026-2
**Character Count:** 44668
**Document Hash:** 639fd54bb57d7f9b90d1ed37c9e052cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-066572.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001193125-26-066572

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pursuit Asset-Based Income Fund
- **CENTRAL INDEX KEY:** 0002055004

**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:** 811-24051
- **FILM NUMBER:** 26670592

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 W. GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2000

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

## Nport-Ex

**Pursuit Asset-Based Income Fund**

**Schedule of Investments**

**December 31, 2025 (Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | <br>Coupon Rate (%) | <br>Maturity | Original<br>Acquisition Date |<br>Principal Amount |<br>Cost |<br>Value |
| **Private Investment Companies - 104.4% <sup>(1)(2)</sup>** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Construction & Manufacturing - 4.3%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MEG1 SMB Financing 2025-2 001 | 15.5% | 12/8/2026 | 12/22/2025 | 2500000 | 2500000 | $2500000 |
| &nbsp;&nbsp;&nbsp;**Consumer Credit - 6.6%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LDS1 Consumer Financing 2025-3 001 | 14.0% | 1/26/2027 | 12/1/2025 | 1250000 | 1250000 | 1250000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STP Mixed Advances Sr. 2025-5 | 16.3% | 3/30/2026 | 6/30/2025 | 800000 | 800000 | 800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STP Mixed Advances Sr. 2025-6 | 16.3% | 4/30/2026 | 7/31/2025 | 626276 | 626276 | 626276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STP Mixed Advances Sr. 2025-7 | 16.0% | 6/9/2026 | 9/9/2025 | 200985 | 200985 | 200985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STP Mixed Advances Sr. 2025-8 | 16.0% | 7/30/2026 | 10/30/2025 | 1000000 | 1000000 | 1000000 |
|  |  |  |  |  |  | 3877261 |
| &nbsp;&nbsp;&nbsp;**Earned Wage Access - 4.3%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNI Earned Wage Access Sr. 2025-1 | 14.0% | 10/31/2026 | 10/31/2025 | 2500000 | 2500000 | 2500000 |
| &nbsp;&nbsp;&nbsp;**E-Commerce- 0.9%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LND E-Commerce Financing Sr. 2025-1 | 14.3% | 5/5/2027 | 5/7/2025 | 520005 | 520005 | 520005 |
| &nbsp;&nbsp;&nbsp;**Healthcare Receivables - 10.3%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GFN Receivables Jr. 2025-1 | 16.0% | 5/30/2026 | 6/2/2025 | 541187 | 541187 | 541187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GFN Receivables Jr. 2025-2 | 15.8% | 8/11/2026 | 8/11/2025 | 212317 | 212317 | 212317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GFN Receivables Jr. 2025-3 | 15.8% | 8/29/2026 | 8/29/2025 | 1262500 | 1262500 | 1262500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCN1 Discounted Receivables 2025-11 001 | 17.5% | 11/26/2027 | 12/15/2025 | 4000000 | 4000000 | 4000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VRD Receivables Sr. 2025-1 | 16.0% | 3/5/2027 | 9/5/2025 | 22998 | 22998 | 22998 |
|  |  |  |  |  |  | 6039002 |
| &nbsp;&nbsp;&nbsp;**Invoice Factoring - 6.3%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CAP SMB Financing Sr. 2025-2 | 15.0% | 4/30/2027 | 10/31/2025 | 2750000 | 2750000 | 2750000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FTL2 Discounted Recievables 2025-4 001 | 16.0% | 9/5/2026 | 12/5/2025 | 752000 | 752000 | 752000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSE Receivables Financing Jr. 2025-2 | 15.8% | 11/14/2026 | 11/14/2025 | 176000 | 176000 | 176000 |
|  |  |  |  |  |  | 3678000 |
| &nbsp;&nbsp;&nbsp;**Litigation Financing - 17.4%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEN Litigation Funding Sr. 2024-1 | 14.1% | 12/16/2026 | 12/16/2024 | 59095 | 59095 | 59095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEN Litigation Funding Sr. 2025-1 | 14.0% | 3/16/2027 | 3/31/2025 | 600613 | 600613 | 600613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEN Litigation Funding Sr. 2025-2 | 14.0% | 6/16/2027 | 6/23/2025 | 164442 | 164442 | 164442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEN Litigation Funding Sr. 2025-3 | 14.0% | 7/16/2027 | 8/1/2025 | 455931 | 455931 | 455931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FEN Litigation Funding Sr. 2025-4 | 14.0% | 10/16/2027 | 10/22/2025 | 986443 | 986443 | 986443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HLF Litigation Funding Sr. 2025-1 | 13.0% | 1/18/2027 | 7/18/2025 | 760679 | 760679 | 760679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HLF Litigation Funding Sr. 2025-2 | 13.0% | 3/26/2027 | 9/22/2025 | 350000 | 350000 | 350000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MUS2 Litigation Finance 2025-3 001 | 17.0% | 11/26/2027 | 12/11/2025 | 2392921 | 2392921 | 2392921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NER Litigation Funding Sr. 2024-1 | 14.1% | 12/31/2026 | 12/31/2024 | 1961615 | 1961615 | 1961615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NER Litigation Funding Sr. 2025-1 | 15.0% | 2/28/2027 | 2/28/2025 | 882727 | 882727 | 882727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NER Litigation Funding Sr. 2025-2 | 17.0% | 3/27/2027 | 3/31/2025 | 1078888 | 1078888 | 1078888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PIF1 Litigation Finance 2025-1 001 | 17.0% | 9/30/2026 | 12/29/2025 | 500000 | 500000 | 500000 |
|  |  |  |  |  |  | 10193354 |
| &nbsp;&nbsp;&nbsp;**Loan Portfolios - 0.9%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSI Residential Mortgage Jr. 2024-1 | 14.9% | 4/25/2026 | 10/25/2024 | 500000 | 500000 | 500000 |
| &nbsp;&nbsp;&nbsp;**Merchant Financing - 23.0%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BYZ SMB Financing Jr. 2025-4 | 16.8% | 5/6/2026 | 5/6/2025 | 399013 | 399013 | 399013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FDA1 SMB Financing 2025-2 001 | 14.0% | 9/30/2026 | 12/29/2025 | 1835877 | 1835877 | 1835877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FIJ SMB Financing Sr. 2025-1 | 17.0% | 12/30/2026 | 9/22/2025 | 470000 | 470000 | 470000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FSH1 SMB Financing 2025-4 001 | 15.5% | 10/24/2026 | 12/9/2025 | 238044 | 238044 | 238044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FUN1 SMB Financing 2025-4 001 | 14.0% | 8/25/2026 | 12/1/2025 | 110000 | 110000 | 110000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GIG SMB Financing Sr. 2025-2 | 13.3% | 7/14/2026 | 10/14/2025 | 500000 | 500000 | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NEX SMB Financing Sr. 2025-7 | 16.3% | 12/1/2026 | 10/3/2025 | 3728658 | 3728658 | 3728658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORV SMB Financing Sr. 2025-3 | 15.0% | 9/29/2026 | 9/22/2025 | 2200000 | 2200000 | 2200000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPR SMB Financing Sr. 2025-7 | 13.0% | 4/30/2026 | 7/31/2025 | 4000000 | 4000000 | 4000000 |
|  |  |  |  |  |  | 13481592 |

---

**Pursuit Asset-Based Income Fund**

**Schedule of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | <br>Coupon Rate (%) | <br>Maturity | Original<br>Acquisition Date |<br>Principal Amount |<br>Cost |<br>Value |
| **Private Investment Companies - 104.4% <sup>(1)(2)</sup> (Continued)** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Royalties- 12.0%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Brands Royalty I Jr. 2025-1 <sup>(3)</sup> | 17.0% | 7/25/2026 | 4/23/2025 | 738402 | 738402 | $738402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Brands Royalty I Jr. 2025-3 <sup>(3)</sup> | 17.0% | 7/25/2026 | 6/26/2025 | 692784 | 692784 | 692784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Brands Royalty I Jr. 2025-4 <sup>(3)</sup> | 17.0% | 7/25/2026 | 7/29/2025 | 497423 | 497423 | 497423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Brands Royalty I Jr. 2025-5 <sup>(3)</sup> | 17.0% | 7/25/2026 | 8/29/2025 | 456671 | 456671 | 456671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Brands Royalty I Jr. 2025-6 <sup>(3)</sup> | 20.0% | 7/25/2026 | 11/6/2025 | 750000 | 750000 | 750000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Whole Business Securitization Jr. 2024-1 <sup>(3)</sup> | 16.9% | 7/25/2026 | 10/31/2024 | 1128889 | 1128889 | 1128889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Whole Business Securitization Jr. 2024-2 <sup>(3)</sup> | 16.9% | 7/25/2026 | 11/4/2024 | 97959 | 97959 | 97959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Whole Business Securitization Jr. 2024-3 <sup>(3)</sup> | 16.9% | 7/25/2026 | 12/2/2024 | 580507 | 580507 | 580507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Whole Business Securitization Jr. 2024-6 <sup>(3)</sup> | 18.7% | 7/25/2026 | 12/27/2024 | 1477086 | 1477086 | 1477086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FAT Whole Business Securitization Jr. 2025-1 <sup>(3)</sup> | 16.9% | 7/25/2026 | 1/24/2025 | 633925 | 633925 | 633925 |
|  |  |  |  |  |  | 7053647 |
| &nbsp;&nbsp;&nbsp;**SMB Financing - 4.0%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CAD1 SMB Financing 2025-5 001 | 16.0% | 5/25/2027 | 12/22/2025 | 532339 | 532339 | 532339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSM SMB Financing Jr. 2025-1 | 16.0% | 4/24/2027 | 4/24/2025 | 861763 | 861763 | 861763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSM SMB Financing Sr. 2025-2 | 16.0% | 4/24/2027 | 7/29/2025 | 250000 | 250000 | 250000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSM SMB Financing Sr. 2025-4 | 16.0% | 4/24/2027 | 9/2/2025 | 136115 | 136115 | 136115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSM SMB Financing Sr. 2025-5 | 16.0% | 4/24/2027 | 9/22/2025 | 200000 | 200000 | 200000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TSM SMB Financing Sr. 2025-6 | 19.0% | 4/24/2027 | 4/24/2025 | 354535 | 354535 | 354535 |
|  |  |  |  |  |  | 2334752 |
| &nbsp;&nbsp;&nbsp;**Supply Chain Finance - 3.7%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QTX SMB Financing Jr. 2025-2 | 15.8% | 1/31/2026 | 2/3/2025 | 527154 | 527154 | 527154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QTX SMB Financing Jr. 2025-3 | 15.5% | 9/30/2026 | 3/31/2025 | 1000000 | 1000000 | 1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QTX SMB Financing Jr. 2025-4 | 15.5% | 2/26/2027 | 8/26/2025 | 668769 | 668769 | 668769 |
|  |  |  |  |  |  | 2195923 |
| &nbsp;&nbsp;&nbsp;**Working Capital Finance - 10.7%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AFG1 SMB Financing 2025-3 001 | 16.0% | 3/9/2027 | 12/26/2025 | 1073059 | 1073059 | 1073059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHC Working Capital Financing Jr. 2025-1 | 13.5% | 2/25/2026 | 2/28/2025 | 325000 | 325000 | 325000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IHC Working Capital Financing Jr. 2025-2 | 14.0% | 11/25/2026 | 11/17/2025 | 900000 | 900000 | 900000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WSF SMB Financing Jr. 2025-1 | 13.5% | 5/30/2027 | 6/5/2025 | 3500000 | 3500000 | 3500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WSF SMB Financing Jr. 2025-2 | 13.5% | 7/2/2027 | 7/9/2025 | 500000 | 500000 | 500000 |
|  |  |  |  |  |  | 6298059 |
| **Total Private Investment Companies (Cost $61,171,594)** |  |  |  |  |  | 61171594 |
| **Credit Facilities - 18.6% <sup>(1)(2)</sup>** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Sports & Media Rights - 7.5%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHG1 Athlete Loans Sr. 2025-1 | 15.0% | 9/30/2026 | 10/10/2025 | 1150000 | 1180000 | 1173205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHG2 Athlete Loans Sr. 2025-1 | 15.0% | 10/27/2027 | 10/10/2025 | 893991 | 880890 | 882375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHG3 Athlete Loans Sr. 2025-1 | 15.0% | 10/27/2027 | 12/1/2025 | 556676 | 551602 | 551845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHG4 Athlete Loans Sr. 2025-1 | 15.0% | 10/27/2027 | 12/12/2025 | 1166766 | 1154805 | 1155192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHG5 Athlete Loans Sr. 2025-1 | 15.0% | 12/23/2026 | 12/23/2025 | 622215 | 615715 | 615869 |
|  |  |  |  |  |  | 4378487 |
| &nbsp;&nbsp;&nbsp;**Trade Finance - 11.1%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAM Receivable Financing Jr. 2025-1 | 13.0% | 10/10/2027 | 10/10/2025 | 3000000 | 3030000 | 3026882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAM Receivable Financing Jr. 2025-2 | 13.0% | 10/10/2027 | 11/21/2025 | 2000000 | 2000000 | 2000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BAM Receivable Financing Jr. 2025-3 | 12.5% | 10/10/2027 | 12/9/2025 | 1500000 | 1500000 | 1500000 |
|  |  |  |  |  |  | 6526882 |
| **Total Credit Facilities <br> (Cost $10,913,011)** |  |  |  |  |  | 10905369 |

---

**Pursuit Asset-Based Income Fund**

**Schedule of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | <br>Coupon Rate (%) | <br>Maturity | Original<br>Acquisition Date |<br>Principal Amount |<br>Cost |<br>Value |
| **Short-Term Investments - 0.9%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;**Money Market Funds - 0.9%** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Institutional Government Portfolio Fund, 3.37% <sup>(4)</sup> |  |  |  |  |  | $547531 |
| **Total Short-Term Investments <br> (Cost $547,531)** |  |  |  |  |  | 547531 |
| &nbsp;&nbsp;&nbsp;**Total Investments <br> (Cost $72,632, 1377) - 123.9%** |  |  |  |  |  | $**72624495** |
| &nbsp;&nbsp;&nbsp;Liabilities in excess of other assets - (23.9%) |  |  |  |  |  | (14017708) |
| &nbsp;&nbsp;&nbsp;**Net Assets - 100%** |  |  |  |  |  | $**58606787** |

---

<sup>(1)</sup> All Investments in Private Investment Companies and Credit Facilities are restricted securities. The total value of these securities is $72,076,963, which represents 123.0% of total net assets of the Fund.

<sup>(2)</sup> All Investments in Private Investment Companies & Credit Facilities are Level 3 securities fair valued using significant unobservable inputs.

<sup>(3)</sup> An affiliate of Issuer filed for bankruptcy on January 26, 2026. Security is defaulted and currently under workout.

<sup>(4)</sup> Represents the 7-day effective yield as of December 31, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Pursuit Asset-Based Income Fund

- **b. Investment Company Act file number:** 811-24051

- **c. CIK number of Registrant:** 0002055004

- **d. LEI of Registrant:** 5299008Q43OFQXP7EG53

- **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:** 4142992000

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

- **a. Name of Series:** Pursuit Asset-Based Income Fund

- **c. LEI of Series:** 5299008Q43OFQXP7EG53

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $72859838.65

**Total Liabilities:** $15253051.57

**Net Assets:** $57606787.08

**Currency Risk Metrics (dv01):**

- 

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

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

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

- **3-Month:** 1421.326667454638 | **1-Year:** 4276.411181881033 | **5-Year:** 393.770893498438 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.00%                | 0.99%                | 1.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-700.64                 | $0.00                                      |
| Month 3  | $2196.70                 | $0.00                                      |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| QTX SMB Financing Jr. 2025-4                 | QTX SMB Financing Jr. 2025-4                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    668769 | PA      | $668769.00    | 1.16%             | 2027-02-26      | Fixed         | 15.50%                | Yes           |                  3 | On Loan: No      |
| RHG1 Athlete Loans Sr. 2025-1                | RHG1 Athlete Loans Sr. 2025-1                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1150000 | PA      | $1173205.12   | 2.04%             | 2026-09-30      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| RHG2 Athlete Loans Sr. 2025-1                | RHG2 Athlete Loans Sr. 2025-1                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    893991 | PA      | $882375.43    | 1.53%             | 2027-10-27      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| RHG3 Athlete Loans Sr. 2025-1                | RHG3 Athlete Loans Sr. 2025-1                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    556676 | PA      | $551844.92    | 0.96%             | 2027-10-27      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| RHG4 Athlete Loans Sr. 2025-1                | RHG4 Athlete Loans Sr. 2025-1                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1166766 | PA      | $1155192.03   | 2.01%             | 2027-10-27      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| RHG5 Athlete Loans Sr. 2025-1                | RHG5 Athlete Loans Sr. 2025-1                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    622215 | PA      | $615869.47    | 1.07%             | 2026-12-23      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| SCN1 Discounted Receivables 2025-11 001      | SCN1 Discounted Receivables 2025-11 001      | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4000000 | PA      | $4000000.00   | 6.94%             | 2027-11-26      | Fixed         | 17.50%                | Yes           |                  3 | On Loan: No      |
| SPR SMB Financing Sr. 2025-7                 | SPR SMB Financing Sr. 2025-7                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4000000 | PA      | $4000000.00   | 6.94%             | 2026-04-30      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| STP Mixed Advances Sr. 2025-5                | STP Mixed Advances Sr. 2025-5                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    800000 | PA      | $800000.00    | 1.39%             | 2026-03-30      | Fixed         | 16.25%                | Yes           |                  3 | On Loan: No      |
| STP Mixed Advances Sr. 2025-6                | STP Mixed Advances Sr. 2025-6                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    626276 | PA      | $626276.00    | 1.09%             | 2026-04-30      | Fixed         | 16.25%                | Yes           |                  3 | On Loan: No      |
| STP Mixed Advances Sr. 2025-7                | STP Mixed Advances Sr. 2025-7                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    200985 | PA      | $200985.00    | 0.35%             | 2026-06-09      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| STP Mixed Advances Sr. 2025-8                | STP Mixed Advances Sr. 2025-8                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $1000000.00   | 1.74%             | 2026-07-30      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| TSM SMB Financing Jr. 2025-1                 | TSM SMB Financing Jr. 2025-1                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    861763 | PA      | $861763.00    | 1.50%             | 2027-04-24      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| TSM SMB Financing Sr. 2025-2                 | TSM SMB Financing Sr. 2025-2                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $250000.00    | 0.43%             | 2027-04-24      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| TSM SMB Financing Sr. 2025-4                 | TSM SMB Financing Sr. 2025-4                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    136115 | PA      | $136115.00    | 0.24%             | 2027-04-24      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| TSM SMB Financing Sr. 2025-5                 | TSM SMB Financing Sr. 2025-5                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    200000 | PA      | $200000.00    | 0.35%             | 2027-04-24      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| TSM SMB Financing Sr. 2025-6                 | TSM SMB Financing Sr. 2025-6                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    354535 | PA      | $354535.00    | 0.62%             | 2027-04-24      | Fixed         | 19.00%                | Yes           |                  3 | On Loan: No      |
| VRD Receivables Sr. 2025-1                   | VRD Receivables Sr. 2025-1                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     22998 | PA      | $22997.64     | 0.04%             | 2027-03-05      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| WSF SMB Financing Jr. 2025-1                 | WSF SMB Financing Jr. 2025-1                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3500000 | PA      | $3500000.00   | 6.08%             | 2027-05-30      | Fixed         | 13.50%                | Yes           |                  3 | On Loan: No      |
| ORV SMB Financing Sr. 2025-3                 | ORV SMB Financing Sr. 2025-3                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2200000 | PA      | $2200000.00   | 3.82%             | 2026-09-29      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| PIF1 Litigation Finance 2025-1 001           | PIF1 Litigation Finance 2025-1 001           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500000.00    | 0.87%             | 2026-09-30      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| QTX SMB Financing Jr. 2025-2                 | QTX SMB Financing Jr. 2025-2                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    527154 | PA      | $527154.00    | 0.92%             | 2026-01-31      | Fixed         | 15.80%                | Yes           |                  3 | On Loan: No      |
| QTX SMB Financing Jr. 2025-3                 | QTX SMB Financing Jr. 2025-3                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $1000000.00   | 1.74%             | 2026-09-30      | Fixed         | 15.50%                | Yes           |                  3 | On Loan: No      |
| FAT Brands Royalty I Jr. 2025-5              | FAT Brands Royalty I Jr. 2025-5              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    456671 | PA      | $456671.04    | 0.79%             | 2026-07-25      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| FAT Brands Royalty I Jr. 2025-6              | FAT Brands Royalty I Jr. 2025-6              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $750000.00    | 1.30%             | 2026-07-25      | Fixed         | 20.00%                | Yes           |                  3 | On Loan: No      |
| Fidelity Government Portfolio                | Fidelity Government Portfolio                | CUSIP: 316175603<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   1412941 | PA      | $1412941.00   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FDA1 SMB Financing 2025-2 001                | FDA1 SMB Financing 2025-2 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1835877 | PA      | $1835877.00   | 3.19%             | 2026-09-30      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FEN Litigation Funding Sr. 2024-1            | FEN Litigation Funding Sr. 2024-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     59095 | PA      | $59095.49     | 0.10%             | 2026-12-16      | Fixed         | 14.06%                | Yes           |                  3 | On Loan: No      |
| FEN Litigation Funding Sr. 2025-1            | FEN Litigation Funding Sr. 2025-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    600613 | PA      | $600612.57    | 1.04%             | 2027-03-16      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FEN Litigation Funding Sr. 2025-2            | FEN Litigation Funding Sr. 2025-2            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    164442 | PA      | $164441.79    | 0.29%             | 2027-06-16      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FEN Litigation Funding Sr. 2025-3            | FEN Litigation Funding Sr. 2025-3            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    455931 | PA      | $455931.47    | 0.79%             | 2027-07-16      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FEN Litigation Funding Sr. 2025-4            | FEN Litigation Funding Sr. 2025-4            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    986443 | PA      | $986442.76    | 1.71%             | 2027-10-16      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FIJ SMB Financing Sr. 2025-1                 | FIJ SMB Financing Sr. 2025-1                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    470000 | PA      | $470000.00    | 0.82%             | 2026-12-30      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| FSH1 SMB Financing 2025-4 001                | FSH1 SMB Financing 2025-4 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    238044 | PA      | $238044.00    | 0.41%             | 2026-10-24      | Fixed         | 15.50%                | Yes           |                  3 | On Loan: No      |
| FTL2 Discounted Recievables 2025-4 001       | FTL2 Discounted Recievables 2025-4 001       | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    752000 | PA      | $752000.00    | 1.31%             | 2026-09-05      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| FUN1 SMB Financing 2025-4 001                | FUN1 SMB Financing 2025-4 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    110000 | PA      | $110000.00    | 0.19%             | 2026-08-25      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| GFN Receivables Jr. 2025-1                   | GFN Receivables Jr. 2025-1                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    541187 | PA      | $541187.00    | 0.94%             | 2026-05-30      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| GFN Receivables Jr. 2025-2                   | GFN Receivables Jr. 2025-2                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    212317 | PA      | $212317.00    | 0.37%             | 2026-08-11      | Fixed         | 15.75%                | Yes           |                  3 | On Loan: No      |
| GFN Receivables Jr. 2025-3                   | GFN Receivables Jr. 2025-3                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1262500 | PA      | $1262500.00   | 2.19%             | 2026-08-29      | Fixed         | 15.75%                | Yes           |                  3 | On Loan: No      |
| MSE Receivables Financing Jr. 2025-2         | MSE Receivables Financing Jr. 2025-2         | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    176000 | PA      | $176000.00    | 0.31%             | 2026-11-14      | Fixed         | 15.75%                | Yes           |                  3 | On Loan: No      |
| MUS2 Litigation Finance 2025-3 001           | MUS2 Litigation Finance 2025-3 001           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2392921 | PA      | $2392921.00   | 4.15%             | 2027-11-26      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| GIG SMB Financing Sr. 2025-2                 | GIG SMB Financing Sr. 2025-2                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500000.00    | 0.87%             | 2026-07-14      | Fixed         | 13.25%                | Yes           |                  3 | On Loan: No      |
| HLF Litigation Funding Sr. 2025-1            | HLF Litigation Funding Sr. 2025-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    760679 | PA      | $760679.00    | 1.32%             | 2027-01-18      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| NER Litigation Funding Sr. 2024-1            | NER Litigation Funding Sr. 2024-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1961615 | PA      | $1961615.08   | 3.41%             | 2026-12-31      | Fixed         | 14.06%                | Yes           |                  3 | On Loan: No      |
| NER Litigation Funding Sr. 2025-1            | NER Litigation Funding Sr. 2025-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    882727 | PA      | $882726.78    | 1.53%             | 2027-02-28      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| LND E-Commerce Financing Sr. 2025-1          | LND E-Commerce Financing Sr. 2025-1          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    520005 | PA      | $520004.63    | 0.90%             | 2027-05-05      | Fixed         | 14.25%                | Yes           |                  3 | On Loan: No      |
| MEG1 SMB Financing 2025-2 001                | MEG1 SMB Financing 2025-2 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2500000 | PA      | $2500000.00   | 4.34%             | 2026-12-08      | Fixed         | 15.50%                | Yes           |                  3 | On Loan: No      |
| NER Litigation Funding Sr. 2025-2            | NER Litigation Funding Sr. 2025-2            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1078888 | PA      | $1078888.31   | 1.87%             | 2027-03-27      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| NEX SMB Financing Sr. 2025-7                 | NEX SMB Financing Sr. 2025-7                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3728658 | PA      | $3728658.00   | 6.47%             | 2026-12-01      | Fixed         | 16.25%                | Yes           |                  3 | On Loan: No      |
| NSI Residential Mortgage Jr. 2024-1          | NSI Residential Mortgage Jr. 2024-1          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500000.00    | 0.87%             | 2026-04-25      | Fixed         | 14.93%                | Yes           |                  3 | On Loan: No      |
| AFG1 SMB Financing 2025-3 001                | AFG1 SMB Financing 2025-3 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1073059 | PA      | $1073059.00   | 1.86%             | 2027-03-09      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| BAM Receivable Financing Jr. 2025-1          | BAM Receivable Financing Jr. 2025-1          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $3026882.30   | 5.25%             | 2027-10-10      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| BAM Receivable Financing Jr. 2025-2          | BAM Receivable Financing Jr. 2025-2          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2000000.00   | 3.47%             | 2027-10-10      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| BAM Receivable Financing Jr. 2025-3          | BAM Receivable Financing Jr. 2025-3          | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1500000 | PA      | $1500000.00   | 2.60%             | 2027-10-10      | Fixed         | 12.50%                | Yes           |                  3 | On Loan: No      |
| BNI Earned Wage Access Sr. 2025-1            | BNI Earned Wage Access Sr. 2025-1            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2500000 | PA      | $2500000.00   | 4.34%             | 2026-10-31      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| BYZ SMB Financing Jr. 2025-4                 | BYZ SMB Financing Jr. 2025-4                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    399013 | PA      | $399013.00    | 0.69%             | 2026-05-06      | Fixed         | 16.75%                | Yes           |                  3 | On Loan: No      |
| CAD1 SMB Financing 2025-5 001                | CAD1 SMB Financing 2025-5 001                | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    532339 | PA      | $532339.00    | 0.92%             | 2027-05-25      | Fixed         | 16.00%                | Yes           |                  3 | On Loan: No      |
| CAP SMB Financing Sr. 2025-2                 | CAP SMB Financing Sr. 2025-2                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2750000 | PA      | $2750000.00   | 4.77%             | 2027-04-30      | Fixed         | 15.00%                | Yes           |                  3 | On Loan: No      |
| FAT Whole Business Securitization Jr. 2024-1 | FAT Whole Business Securitization Jr. 2024-1 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1128889 | PA      | $1128889.40   | 1.96%             | 2026-07-25      | Fixed         | 16.90%                | Yes           |                  3 | On Loan: No      |
| FAT Whole Business Securitization Jr. 2024-2 | FAT Whole Business Securitization Jr. 2024-2 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     97959 | PA      | $97959.20     | 0.17%             | 2026-07-25      | Fixed         | 16.90%                | Yes           |                  3 | On Loan: No      |
| FAT Whole Business Securitization Jr. 2024-3 | FAT Whole Business Securitization Jr. 2024-3 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    580507 | PA      | $580507.08    | 1.01%             | 2026-07-25      | Fixed         | 16.90%                | Yes           |                  3 | On Loan: No      |
| HLF Litigation Funding Sr. 2025-2            | HLF Litigation Funding Sr. 2025-2            | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    350000 | PA      | $350000.00    | 0.61%             | 2027-03-26      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| IHC Working Capital Financing Jr. 2025-1     | IHC Working Capital Financing Jr. 2025-1     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    325000 | PA      | $325000.00    | 0.56%             | 2026-02-25      | Fixed         | 13.50%                | Yes           |                  3 | On Loan: No      |
| IHC Working Capital Financing Jr. 2025-2     | IHC Working Capital Financing Jr. 2025-2     | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    900000 | PA      | $900000.00    | 1.56%             | 2026-11-25      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| LDS1 Consumer Financing 2025-3 001           | LDS1 Consumer Financing 2025-3 001           | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1250000 | PA      | $1250000.00   | 2.17%             | 2027-01-26      | Fixed         | 14.00%                | Yes           |                  3 | On Loan: No      |
| FAT Whole Business Securitization Jr. 2024-6 | FAT Whole Business Securitization Jr. 2024-6 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1477086 | PA      | $1477086.36   | 2.56%             | 2026-07-25      | Fixed         | 18.65%                | Yes           |                  3 | On Loan: No      |
| FAT Whole Business Securitization Jr. 2025-1 | FAT Whole Business Securitization Jr. 2025-1 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    633925 | PA      | $633925.28    | 1.10%             | 2026-07-25      | Fixed         | 16.90%                | Yes           |                  3 | On Loan: No      |
| FAT Brands Royalty I Jr. 2025-1              | FAT Brands Royalty I Jr. 2025-1              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    738402 | PA      | $738402.09    | 1.28%             | 2026-07-25      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| FAT Brands Royalty I Jr. 2025-3              | FAT Brands Royalty I Jr. 2025-3              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    692784 | PA      | $692783.50    | 1.20%             | 2026-07-25      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| FAT Brands Royalty I Jr. 2025-4              | FAT Brands Royalty I Jr. 2025-4              | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    497423 | PA      | $497422.69    | 0.86%             | 2026-07-25      | Fixed         | 17.00%                | Yes           |                  3 | On Loan: No      |
| WSF SMB Financing Jr. 2025-2                 | WSF SMB Financing Jr. 2025-2                 | CUSIP: 999999999<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $500000.00    | 0.87%             | 2027-07-02      | Fixed         | 13.50%                | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-13

**Name of Applicant:** Pursuit Asset-Based Income Fund

**Signature:** /s/ Starr Frohlich

**Name of Signer:** Starr Frohlich

**Title:** Treasurer