# EDGAR Filing Document

**Accession Number:** 0001109441
**File Stem:** 0002071691-26-007558
**Filing Date:** 2026-3
**Character Count:** 138876
**Document Hash:** 37da90d8b924407618b6ed9c9e69c097
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007558.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007558

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Floating Rate Master Trust
- **CENTRAL INDEX KEY:** 0001109441

**ORGANIZATION NAME:**
- **EIN:** 943356217
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09869
- **FILM NUMBER:** 26805956

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN FLOATING RATE MASTER TRUST
- **DATE OF NAME CHANGE:** 20000316

## Series and Classes Contracts Data

### FRANKLIN FLOATING RATE MASTER SERIES (Series ID: S000007441)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020415 | Class A      | XFFLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin Floating Rate Master Trust

- **b. Investment Company Act file number:** 811-09869

- **c. CIK number of Registrant:** 0001109441

- **d. LEI of Registrant:** 549300W87VC8PPTC1L66

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin Floating Rate Master Series

- **b. EDGAR series identifier (if any):** S000007441

- **c. LEI of Series:** NP14B7B8WUT9K3HJC885

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $438421370.58

**Total Liabilities:** $26042997.90

**Net Assets:** $412378372.68

**Delayed Delivery Securities:** $23608149.79

**Cash Not Reported:** $3418627.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -15.93000000 | **1-Year:** -34.44000000 | **5-Year:** -659.44000000 | **10-Year:** -1021.56000000 | **30-Year:** 0.00000000

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

- **3-Month:** -168.94000000 | **1-Year:** -18779.55000000 | **5-Year:** -98484.35000000 | **10-Year:** -14869.66000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020415 | 0.54%                | -0.09%               | 0.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-229914.04              | $-392027.79                                |
| Month 2  | $-691021.99              | $-2352691.46                               |
| Month 3  | $-1003810.52             | $-1525553.25                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| IRB Holding Corp.                                              | IRB Holding Corp., First Lien, 2025 Replacement CME Term Loan, B                                  | CUSIP: 44988LAM9<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   3970759 | PA      | $3975722.37   | 0.96%             | 2030-12-16      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings, Inc.                                      | Zayo Group Holdings, Inc., First Lien, Initial Dollar CME Term Loan                               | CUSIP: 98919XAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1738174 | PA      | $1676008.25   | 0.41%             | 2030-03-11      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| Dycom Industries, Inc.                                         | Dycom Industries, Inc., First Lien, CME Term Loan, B                                              | CUSIP: 26747FAV1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    119469 | PA      | $119842.90    | 0.03%             | 2033-01-20      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                            | Bausch + Lomb Corp.                                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    320000 | PA      | $334000.00    | 0.08%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                    | Great Canadian Gaming Corp., First Lien, CME Term Loan, B                                         | CUSIP: C4111RAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |   2242356 | PA      | $2198910.61   | 0.53%             | 2029-11-01      | Variable      | 8.44%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                    | McGraw-Hill Education, Inc.                                                                       | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105195.80    | 0.03%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas, Inc.                                           | Hunter Douglas, Inc., First Lien, CME Term Loan, B1                                               | CUSIP: N8137FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1416864 | PA      | $1415681.31   | 0.34%             | 2032-01-16      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                | Madison IAQ LLC, First Lien, 2025 Repriced Incremental CME Term Loan                              | CUSIP: 55759VAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1432270 | PA      | $1436860.65   | 0.35%             | 2032-11-08      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| BCPE Empire Holdings, Inc.                                     | BCPE Empire Holdings, Inc., First Lien, Amendment No. 8 Incremental CME Term Loan                 | CUSIP: 05550HAQ8<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |   1536465 | PA      | $1531187.54   | 0.37%             | 2030-12-11      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Hudson River Trading LLC                                       | Hudson River Trading LLC, First Lien, CME Term Loan, B2                                           | CUSIP: 44413EAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    697674 | PA      | $696003.41    | 0.17%             | 2030-03-18      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Artera Services LLC                                            | Artera Services LLC, First Lien, CME Term Loan, C                                                 | CUSIP: 73937UAL2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2594750 | PA      | $2102331.09   | 0.51%             | 2031-02-18      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Sophos Holdings LLC                                            | Sophos Holdings LLC, First Lien, Dollar CME Term Loan                                             | CUSIP: 86875TAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1465138 | PA      | $1454794.16   | 0.35%             | 2027-03-05      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                              | Clarios Global LP, First Lien, 2024 Dollar CME Term Loan                                          | CUSIP: C8000CAM5<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    579760 | PA      | $580214.91    | 0.14%             | 2030-05-06      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Raising Cane's Restaurants LLC                                 | Raising Cane's Restaurants LLC, First Lien, First Amendment New CME Term Loan                     | CUSIP: 75101XAQ0<br>LEI: 254900V6ADXFWHYOED66 | Long             | LON              | CORP              | US        |   1277891 | PA      | $1276299.57   | 0.31%             | 2032-11-03      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| LaserShip, Inc.                                                | LaserShip, Inc., First Lien, CME Term Loan, B1                                                    | CUSIP: 51809EAM7<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |   2528341 | PA      | $1917025.89   | 0.46%             | 2029-08-10      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                             | Nouryon Finance BV, First Lien, November 2024 Dollar CME Term Loan, B1                            | CUSIP: N8232NAL1<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |   1165666 | PA      | $1167122.75   | 0.28%             | 2028-04-03      | Variable      | 7.04%                 | No            |                  2 | On Loan: No      |
| Learning Care Group US No. 2, Inc.                             | Learning Care Group US No. 2, Inc., First Lien, CME Term Loan, B                                  | CUSIP: 52200MAL4<br>LEI: 5493000VMN44LK8QID23 | Long             | LON              | CORP              | US        |    396886 | PA      | $301633.21    | 0.07%             | 2028-08-11      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp.                                           | CNT Holdings I Corp., First Lien, 2025 Replacement CME Term Loan                                  | CUSIP: 12656AAF6<br>LEI: 254900SYIEHMSB69WT08 | Long             | LON              | CORP              | US        |   2376642 | PA      | $2377140.68   | 0.58%             | 2032-11-08      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                         | First Brands Group LLC, First Lien, Debtor-In-Possession Roll Up CME Term Loan                    | CUSIP: 31935HAN7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1617704 | PA      | $12747.51     | 0.00%             | 2026-06-29      | Variable      | 13.76%                | No            |                  2 | On Loan: No      |
| CPPIB OVM Member US LLC                                        | CPPIB OVM Member US LLC, First Lien, CME Term Loan, B                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     24242 | PA      | $24242.42     | 0.01%             | 2033-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                                         | Neptune Bidco US, Inc., First Lien, Dollar CME Term Loan, B                                       | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |   2501680 | PA      | $2505332.64   | 0.61%             | 2029-04-11      | Variable      | 8.77%                 | No            |                  2 | On Loan: No      |
| Nourish Buyer I, Inc.                                          | Nourish Buyer I, Inc., First Lien, Initial CME Term Loan                                          | CUSIP: 66979CAH4<br>LEI: 254900WHHUSAU0TJQB23 | Long             | LON              | CORP              | US        |    486123 | PA      | $486833.15    | 0.12%             | 2032-07-09      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund       | Franklin Institutional U.S. Government Money Market Fund                                          | CUSIP: N/A<br>LEI: 549300M4TP89K77LG374       | Long             | STIV             | RF                | US        |    359000 | NS      | $359000.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Crosby US Acquisition Corp.                                    | Crosby US Acquisition Corp., First Lien, Amendment No. 4 Replacement CME Term Loan                | CUSIP: 22739PAP1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    819461 | PA      | $821058.65    | 0.20%             | 2029-08-16      | Variable      | 7.22%                 | No            |                  2 | On Loan: No      |
| Franklin Senior Loan ETF                                       | Franklin Senior Loan ETF                                                                          | CUSIP: 35473P595<br>LEI: 549300I3TND36ZL4CK30 | Long             |  | RF                | US        |    112166 | NS      | $2622441.08   | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| Charlotte Buyer, Inc.                                          | Charlotte Buyer, Inc., First Lien, Second Refinancing CME Term Loan                               | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3246784 | PA      | $3179316.03   | 0.77%             | 2028-02-11      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc.                                                                                   | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    122000 | PA      | $126141.17    | 0.03%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AIP RD Buyer Corp.                                             | AIP RD Buyer Corp., First Lien, CME Term Loan                                                     | CUSIP: 00149HAC8<br>LEI: 5493000EBDLH9PYWBS30 | Long             | LON              | CORP              | US        |   2454254 | PA      | $2438153.99   | 0.59%             | 2030-12-23      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services, Inc.                                  | CHG Healthcare Services, Inc., First Lien, Amendment No. 7 Refinancing CME Term Loan              | CUSIP: 12541HAX1<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |   1084948 | PA      | $1087171.76   | 0.26%             | 2028-09-29      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| First Student Bidco, Inc.                                      | First Student Bidco, Inc., First Lien, CME Term Loan, B                                           | CUSIP: 33718FAN0<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |   2864575 | PA      | $2865176.27   | 0.69%             | 2030-08-15      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Medical Solutions Holdings, Inc.                               | Medical Solutions Holdings, Inc., First Lien, CME Term Loan                                       | CUSIP: 58462QAH4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1428742 | PA      | $320574.01    | 0.08%             | 2028-11-01      | Variable      | 7.27%                 | No            |                  2 | On Loan: No      |
| Petco Health & Wellness Co., Inc.                              | Petco Health & Wellness Co., Inc.                                                                 | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |    484848 | PA      | $486573.53    | 0.12%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AAdvantage Loyalty IP Ltd., First Lien, CME Term Loan                                             | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3854828 | PA      | $3862865.23   | 0.94%             | 2028-04-20      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco GmbH                                         | TK Elevator Midco GmbH, First Lien, CME Term Loan, B1                                             | CUSIP: D9000BAJ1<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | DE        |   1903214 | PA      | $1910236.57   | 0.46%             | 2030-04-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Petco Health & Wellness Co., Inc.                              | Petco Health & Wellness Co., Inc., First Lien, CME Term Loan, B                                   | CUSIP: 71601HAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    964717 | PA      | $945938.66    | 0.23%             | 2031-01-22      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| DexKo Global, Inc.                                             | DexKo Global, Inc., First Lien, Closing Date Dollar CME Term Loan                                 | CUSIP: 25213YAU9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    409101 | PA      | $407617.98    | 0.10%             | 2028-10-04      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group, Inc. (The)                              | Kenan Advantage Group, Inc. (The), First Lien, U.S. CME Term Loan, B4                             | CUSIP: 48853UBQ2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |   3241946 | PA      | $3215200.17   | 0.78%             | 2029-01-25      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                                 | Cloudera, Inc., First Lien, Initial CME Term Loan                                                 | CUSIP: 74339VAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1873156 | PA      | $1617161.22   | 0.39%             | 2028-10-09      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                              | Alliant Holdings Intermediate LLC, First Lien, Initial CME Term Loan                              | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   4375248 | PA      | $4367722.45   | 1.06%             | 2031-09-19      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                      | Michaels Cos., Inc. (The), First Lien, CME Term Loan, B                                           | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |    812348 | PA      | $806730.15    | 0.20%             | 2028-04-17      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| BioMarin Pharmaceutical, Inc.                                  | BioMarin Pharmaceutical, Inc., First Lien, CME Term Loan                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    503331 | PA      | $504589.22    | 0.12%             | 2032-12-28      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kleopatra Finco SARL                                           | Kleopatra Finco SARL, First Lien, USD Debtor-In-Possession CME Term Loan Term Loan                | CUSIP: L5841WAG3<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    804346 | PA      | $722568.34    | 0.18%             | 2026-08-07      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                                    | Grant Thornton Advisors LLC, First Lien, 2025 Incremental CME Term Loan                           | CUSIP: 38821UAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1368094 | PA      | $1352231.34   | 0.33%             | 2031-06-02      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| GIH Borrower LLC                                               | GIH Borrower LLC, First Lien, CME Term Loan, B                                                    | CUSIP: 36173YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    467717 | PA      | $468885.82    | 0.11%             | 2031-11-26      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corp.                                             | Primo Brands Corp., First Lien, 2025 Refinancing CME Term Loan                                    | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |   1678801 | PA      | $1681251.93   | 0.41%             | 2028-03-31      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                         | First Brands Group LLC, First Lien, USD Debtor-In-Possession New Money CME Term Loan              | CUSIP: 31935HAM9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1386962 | PA      | $209202.38    | 0.05%             | 2026-06-29      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                          | Clydesdale Acquisition Holdings, Inc., First Lien, 2025 Incremental Delayed Draw Term Loan, B     | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |     32640 | PA      | $32518.05     | 0.01%             | 2032-04-01      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                   | Acrisure LLC, First Lien, 2025 Refinancing CME Term Loan, B                                       | CUSIP: 00488PAX3<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    522920 | PA      | $523463.55    | 0.13%             | 2032-06-21      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Grant Thornton Advisors LLC                                    | Grant Thornton Advisors LLC, First Lien, 2025-2 Incremental CME Term Loan                         | CUSIP: 38821UAF7<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |   1695750 | PA      | $1676087.78   | 0.41%             | 2031-06-02      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                              | Cornerstone Building Brands, Inc., First Lien, CME Term Loan, C                                   | CUSIP: 72431HAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    811644 | PA      | $561048.80    | 0.14%             | 2031-05-15      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                                 | Cloudera, Inc., Second Lien, Initial CME Term Loan                                                | CUSIP: 74339VAE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $750000.00    | 0.18%             | 2029-10-10      | Variable      | 9.77%                 | No            |                  2 | On Loan: No      |
| Phoenix Guarantor, Inc.                                        | Phoenix Guarantor, Inc., First Lien, CME Term Loan, B5                                            | CUSIP: 71913BAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    952895 | PA      | $952681.08    | 0.23%             | 2031-02-21      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Chromalloy Corp.                                               | Chromalloy Corp., First Lien, CME Term Loan                                                       | CUSIP: 17110EAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    855743 | PA      | $858284.35    | 0.21%             | 2031-03-27      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                            | Bausch + Lomb Corp., First Lien, 2025-2 Refinancing CME Term Loan                                 | CUSIP: C0787FAL6<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    560818 | PA      | $565725.35    | 0.14%             | 2031-01-15      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                           | Flutter Financing BV, First Lien, 2024 Refinancing CME Term Loan, B                               | CUSIP: N3313EAG5<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |   1314172 | PA      | $1314500.52   | 0.32%             | 2030-12-02      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp.                                         | Filtration Group Corp., First Lien, 2025 Incremental Dollar CME Term Loan, B                      | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   3144809 | PA      | $3154322.49   | 0.76%             | 2028-10-23      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                                  | Dynasty Acquisition Co., Inc., First Lien, Initial CME Term Loan, B2                              | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    162866 | PA      | $163485.38    | 0.04%             | 2031-10-31      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                       | Energizer Holdings, Inc., First Lien, Initial CME Term Loan                                       | CUSIP: 29267YAW2<br>LEI: 5493000D6NN0V57UME20 | Long             | LON              | CORP              | US        |    114441 | PA      | $114440.73    | 0.03%             | 2032-03-19      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| UGI Energy Services LLC                                        | UGI Energy Services LLC, First Lien, Initial CME Term Loan                                        | CUSIP: 90276DAE9<br>LEI: 5493001O7RUKEUP5XR11 | Long             | LON              | CORP              | US        |   1245142 | PA      | $1247476.37   | 0.30%             | 2030-02-22      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Chariot Buyer LLC                                              | Chariot Buyer LLC, First Lien, Amendment No. 5 Incremental CME Term Loan                          | CUSIP: 15963CAE6<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |    488772 | PA      | $489021.20    | 0.12%             | 2032-09-08      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                  | White Cap Supply Holdings LLC, First Lien, CME Term Loan, C                                       | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |   1546513 | PA      | $1545686.05   | 0.37%             | 2029-10-19      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                           | Clear Channel Outdoor Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan                  | CUSIP: 18452RAF2<br>LEI: 254900XBEE6V1ENYS150 | Long             | LON              | CORP              | US        |    751610 | PA      | $753357.13    | 0.18%             | 2028-08-23      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                        | American Airlines, Inc.                                                                           | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1357352.10   | 0.33%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                     | Vmed O2 UK Financing I plc                                                                        | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    360000 | PA      | $325955.22    | 0.08%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INEOS US Finance LLC                                           | INEOS US Finance LLC, First Lien, 2030 Dollar CME Term Loan                                       | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    508365 | PA      | $368564.63    | 0.09%             | 2030-02-18      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Spring Education Group, Inc.                                   | Spring Education Group, Inc., First Lien, CME Term Loan                                           | CUSIP: 84840EAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    461153 | PA      | $462510.98    | 0.11%             | 2030-09-30      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Talos Energy, Inc.                                             | Talos Energy, Inc.                                                                                | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |      5647 | NS      | $67312.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BradyPlus Holdings LLC                                         | BradyPlus Holdings LLC, First Lien, Initial CME Term Loan                                         | CUSIP: 10480UAD3<br>LEI: 254900LMURL5G873DV35 | Long             | LON              | CORP              | US        |    350000 | PA      | $348540.50    | 0.08%             | 2032-12-29      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| Azalea Topco, Inc.                                             | Azalea Topco, Inc., First Lien, 2025 Refinancing CME Term Loan                                    | CUSIP: 05477JAE1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    995000 | PA      | $996378.07    | 0.24%             | 2031-04-30      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                           | Osaic Holdings, Inc., First Lien, CME Term Loan, B                                                | CUSIP: 68773JAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1000000 | PA      | $994005.00    | 0.24%             | 2032-08-02      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Whatabrands LLC                                                | Whatabrands LLC, First Lien, 2024-2 Refinancing CME Term Loan. B                                  | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |   1634996 | PA      | $1635503.33   | 0.40%             | 2028-08-03      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                         | First Brands Group LLC, Second Lien, 2021 CME Term Loan                                           | CUSIP: 31935HAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1987073 | PA      | $5692.96      | 0.00%             | 2028-03-30      | Variable      | 14.31%                | No            |                  2 | On Loan: No      |
| Red SPV LLC                                                    | Red SPV LLC, First Lien, Initial CME Term Loan                                                    | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    892677 | PA      | $894913.46    | 0.22%             | 2032-03-15      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                               | Proofpoint, Inc., First Lien, 2024 Refinancing CME Term Loan                                      | CUSIP: 74345HAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2103060 | PA      | $2091893.20   | 0.51%             | 2028-08-31      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| IGT Holding IV AB                                              | IGT Holding IV AB, First Lien, CME Term Loan, B8                                                  | CUSIP: W5000CAD9<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    987459 | PA      | $979436.04    | 0.24%             | 2031-09-02      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Priority Holdings LLC                                          | Priority Holdings LLC, First Lien, CME Term Loan, B                                               | CUSIP: 74275TAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1041640 | PA      | $1024452.70   | 0.25%             | 2032-07-30      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                        | Talen Energy Supply LLC, First Lien, 2025-1 Incremental CME Term Loan, B                          | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    335051 | PA      | $335554.03    | 0.08%             | 2032-11-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings, Inc.                                    | Endo Finance Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan                           | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    364840 | PA      | $365523.98    | 0.09%             | 2031-04-23      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                    | Allied Universal Holdco LLC                                                                       | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    500000 | PA      | $526504.00    | 0.13%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc., First Lien, CME Term Loan, J                                                     | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1272085 | PA      | $1272931.36   | 0.31%             | 2031-02-28      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| ADMI Corp.                                                     | ADMI Corp., First Lien, Amendment No. 5 CME Term Loan                                             | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |   1450216 | PA      | $1387675.91   | 0.34%             | 2027-12-23      | Variable      | 7.54%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                            | Medline Borrower LP, First Lien, 2028 Refinancing CME Term Loan                                   | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |   1094133 | PA      | $1098034.02   | 0.27%             | 2028-10-23      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Rocket Software, Inc.                                          | Rocket Software, Inc., First Lien, CME Term Loan                                                  | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |   1542893 | PA      | $1478770.64   | 0.36%             | 2028-11-28      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Crown Finance US, Inc.                                         | Crown Finance US, Inc., First Lien, Initial CME Term Loan                                         | CUSIP: 22834KAV3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1200000 | PA      | $1172406.00   | 0.28%             | 2031-12-02      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                   | MPH Acquisition Holdings LLC, First Lien, Second Out CME Term Loan                                | CUSIP: 55328HAQ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    584041 | PA      | $539691.79    | 0.13%             | 2030-12-31      | Variable      | 8.70%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                             | Wand NewCo 3, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    609885 | PA      | $610284.95    | 0.15%             | 2031-01-30      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AAdvantage Loyalty IP Ltd., First Lien, 2025 Incremental CME Term Loan                            | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    480242 | PA      | $481742.69    | 0.12%             | 2032-05-28      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Organon & Co.                                                  | Organon & Co., First Lien, 2024 Refinancing Dollar CME Term Loan                                  | CUSIP: 68621XAG8<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |    400369 | PA      | $388858.24    | 0.09%             | 2031-05-19      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| DexKo Global, Inc.                                             | DexKo Global, Inc., First Lien, 2023 Incremental CME Term Loan                                    | CUSIP: 25213YBC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1282274 | PA      | $1275862.21   | 0.31%             | 2028-10-04      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                              | Clarios Global LP, First Lien, Amendment No. 6 Dollar CME Term Loan                               | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |   1605700 | PA      | $1610211.72   | 0.39%             | 2032-01-28      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Madison Safety & Flow LLC                                      | Madison Safety & Flow LLC, First Lien, 2025 Incremental CME Term Loan, B                          | CUSIP: 55822DAN1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    828730 | PA      | $831837.98    | 0.20%             | 2031-09-26      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| GNC Holdings, Inc.                                             | GNC Holdings, Inc., Second Lien, CME Term Loan                                                    | CUSIP: 36260UAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5065455 | PA      | $3799091.40   | 0.92%             | 2026-10-07      | Variable      | 9.77%                 | No            |                  3 | On Loan: No      |
| Hudson River Trading LLC                                       | Hudson River Trading LLC, First Lien, CME Term Loan, B1                                           | CUSIP: 44413EAJ7<br>LEI: 549300SMOBUC8O5UOE10 | Long             | LON              | CORP              | US        |   1379648 | PA      | $1376343.84   | 0.33%             | 2030-03-18      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                                  | Calpine Corp.                                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1099614.34   | 0.27%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ingenovis Health, Inc.                                         | Ingenovis Health, Inc., First Lien, Initial CME Term Loan                                         | CUSIP: 12510MAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1746928 | PA      | $450462.81    | 0.11%             | 2028-03-06      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                      | Banijay Entertainment SAS, First Lien, CME Term Loan, B3                                          | CUSIP: F6456UAE3<br>LEI: 5493008PW5N0VVCH7279 | Long             | LON              | CORP              | FR        |    612345 | PA      | $615865.96    | 0.15%             | 2028-03-01      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                    | Caesars Entertainment, Inc.                                                                       | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1432221.00   | 0.35%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LaserShip, Inc.                                                | LaserShip, Inc., First Lien, CME Term Loan, D                                                     | CUSIP: 51809EAP0<br>LEI: 254900NGHREGOQUFUT53 | Long             | LON              | CORP              | US        |   1830867 | PA      | $508981.15    | 0.12%             | 2029-08-10      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                        | OneDigital Borrower LLC, First Lien, 2025 Refinancing CME Term Loan                               | CUSIP: 68277FAN9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1879988 | PA      | $1878427.67   | 0.46%             | 2031-07-02      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Clue Opco LLC                                                  | Clue Opco LLC, First Lien, CME Term Loan, B                                                       | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1572523 | PA      | $1570116.91   | 0.38%             | 2030-12-19      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Groundworks LLC                                                | Groundworks LLC, First Lien, Initial CME Term Loan                                                | CUSIP: 39954EAB9<br>LEI: 254900K8GTHJMCG1DB32 | Long             | LON              | CORP              | US        |    439560 | PA      | $440727.47    | 0.11%             | 2031-03-14      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Paradigm Parent LLC                                            | Paradigm Parent LLC, First Lien, Initial CME Term Loan                                            | CUSIP: 69902BAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2309596 | PA      | $1980478.65   | 0.48%             | 2032-04-16      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                          | Clydesdale Acquisition Holdings, Inc., First Lien, 2025 Incremental Closing Date CME Term Loan, B | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |   2313497 | PA      | $2304832.95   | 0.56%             | 2032-04-01      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                          | Jane Street Group LLC, First Lien, Extended CME Term Loan                                         | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |   1637539 | PA      | $1627713.27   | 0.39%             | 2031-12-15      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| Orion US Finco, Inc.                                           | Orion US Finco, Inc., First Lien, Initial CME Term Loan                                           | CUSIP: 68631KAB5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   1848035 | PA      | $1851315.26   | 0.45%             | 2032-10-08      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                        | Talen Energy Supply LLC, First Lien, Initial CME Term Loan, B                                     | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |   3196697 | PA      | $3202402.73   | 0.78%             | 2030-05-17      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Deep Blue Operating I LLC                                      | Deep Blue Operating I LLC, First Lien, Initial CME Term Loan                                      | CUSIP: 24369TAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    477327 | PA      | $479417.69    | 0.12%             | 2032-10-01      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International, Inc.                             | Light & Wonder International, Inc., First Lien, CME Term Loan, B2                                 | CUSIP: 80875AAW1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |   1656204 | PA      | $1656204.06   | 0.40%             | 2029-04-16      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                              | Polaris Newco LLC, First Lien, Dollar CME Term Loan                                               | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   1218592 | PA      | $1128878.91   | 0.27%             | 2028-06-02      | Variable      | 7.85%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                                  | Dynasty Acquisition Co., Inc., First Lien, Initial CME Term Loan, B1                              | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    428179 | PA      | $429808.33    | 0.10%             | 2031-10-31      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                              | Cornerstone Building Brands, Inc., First Lien, New CME Term Loan, B                               | CUSIP: 72431HAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1306783 | PA      | $1016023.43   | 0.25%             | 2028-04-12      | Variable      | 7.03%                 | No            |                  2 | On Loan: No      |
| Klockner Pentaplast of America, Inc.                           | Klockner Pentaplast of America, Inc., First Lien, USD CME Term Loan, B                            | CUSIP: 49865NAT7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2515925 | PA      | $402548.07    | 0.10%             | 2026-02-12      | Variable      | 9.04%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                         | LifePoint Health, Inc., First Lien, CME Term Loan, B1                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   3366000 | PA      | $3369685.77   | 0.82%             | 2031-05-19      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| US Anesthesia Partners, Inc.                                   | US Anesthesia Partners, Inc., First Lien, Initial CME Term Loan                                   | CUSIP: 90350HAL3<br>LEI: 549300J001GMNRO7SQ51 | Long             | LON              | CORP              | US        |   1560354 | PA      | $1562312.48   | 0.38%             | 2028-10-02      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| Aretec Group, Inc.                                             | Aretec Group, Inc., First Lien, CME Term Loan, B4                                                 | CUSIP: 04009DAJ3<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |   1262361 | PA      | $1258655.82   | 0.31%             | 2030-08-09      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Belron Finance 2019 LLC                                        | Belron Finance 2019 LLC, First Lien, CME Term Loan, B                                             | CUSIP: 08078UAQ6<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    726316 | PA      | $729584.21    | 0.18%             | 2031-10-16      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                            | Peer Holding III BV, First Lien, CME Term Loan, B4B                                               | CUSIP: N6872NAM8<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |    118791 | PA      | $118924.57    | 0.03%             | 2030-10-28      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| UTEX Industries, Inc.                                          | UTEX Industries, Inc.                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    120386 | NS      | $6342296.84   | 1.54%             |  |  |  | No            |                  3 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                  | Smyrna Ready Mix Concrete LLC, First Lien, 2025 CME Term Loan                                     | CUSIP: 83283EAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    223693 | PA      | $223834.25    | 0.05%             | 2029-03-30      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings, Inc.                                     | First Eagle Holdings, Inc., First Lien, Initial CME Term Loan                                     | CUSIP: 32009UAD9<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |   1613480 | PA      | $1603145.91   | 0.39%             | 2032-08-16      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                           | Osaic Holdings, Inc., First Lien, Initial CME Term Loan                                           | CUSIP: 68773JAG5<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |   2313942 | PA      | $2300069.57   | 0.56%             | 2032-08-02      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                            | American Axle & Manufacturing, Inc., First Lien, Incremental CME Term Loan, C                     | CUSIP: 02406MBB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    945274 | PA      | $948818.44    | 0.23%             | 2032-09-20      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| Albion Financing 1 SARL / Aggreko Holdings, Inc.               | Albion Financing 1 SARL / Aggreko Holdings, Inc.                                                  | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    311900 | PA      | $325273.34    | 0.08%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Clover Holdings 2 LLC                                          | Clover Holdings 2 LLC, First Lien, Initial CME Term Loan                                          | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    903702 | PA      | $890145.98    | 0.22%             | 2031-12-09      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| MKS, Inc.                                                      | MKS, Inc., First Lien, 2025-1 Dollar CME Term Loan, B                                             | CUSIP: 55314NAZ7<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |   1344787 | PA      | $1349662.16   | 0.33%             | 2029-08-17      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group, Inc.                                       | AthenaHealth Group, Inc., First Lien, Initial CME Term Loan                                       | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   3065866 | PA      | $3031696.44   | 0.74%             | 2029-02-15      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Allegiant Travel Co.                                           | Allegiant Travel Co.                                                                              | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    926000 | PA      | $937132.37    | 0.23%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CompoSecure Holdings LLC                                       | CompoSecure Holdings LLC, First Lien, Initial CME Term Loan                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    494624 | PA      | $494316.99    | 0.12%             | 2033-01-14      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc. / AAdvantage Loyalty IP Ltd.           | American Airlines, Inc. / AAdvantage Loyalty IP Ltd.                                              | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    157444 | PA      | $157633.26    | 0.04%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PetSmart LLC                                                   | PetSmart LLC, First Lien, Initial CME Term Loan                                                   | CUSIP: 71677HAN5<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |   1800000 | PA      | $1801575.00   | 0.44%             | 2032-08-18      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                      | Banijay Entertainment SAS                                                                         | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $624558.00    | 0.15%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ProAmpac PG Borrower LLC                                       | ProAmpac PG Borrower LLC, First Lien, 2024 CME Term Loan, B                                       | CUSIP: 74274NAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1598277 | PA      | $1601936.74   | 0.39%             | 2028-09-15      | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Red Planet Borrower LLC                                        | Red Planet Borrower LLC, First Lien, Initial CME Term Loan                                        | CUSIP: 57165KAE6<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |   1800000 | PA      | $1795923.00   | 0.44%             | 2032-09-08      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Cotiviti, Inc.                                                 | Cotiviti, Inc., First Lien, Amendment No. 2 CME Term Loan                                         | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1194000 | PA      | $1108032.00   | 0.27%             | 2032-03-26      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                    | Great Canadian Gaming Corp. / Raptor LLC                                                          | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254378.00    | 0.06%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                            | Peer Holding III BV, First Lien, CME Term Loan, B5B                                               | CUSIP: N6872NAN6<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |   1690863 | PA      | $1692764.74   | 0.41%             | 2031-07-01      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Ontario Gaming GTA LP                                          | Ontario Gaming GTA LP, First Lien, CME Term Loan, B                                               | CUSIP: C6907UAB7<br>LEI: 894500EC9KLZLOC3V025 | Long             | LON              | CORP              | CA        |   3212731 | PA      | $3012432.94   | 0.73%             | 2030-08-01      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield US Borrower LLC                            | Cushman & Wakefield US Borrower LLC, First Lien, 2025-2 CME Term Loan                             | CUSIP: 23340DAW2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     88543 | PA      | $89317.98     | 0.02%             | 2030-01-31      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                                   | Scientific Games Holdings LP, First Lien, 2024 Refinancing Dollar CME Term Loan                   | CUSIP: 80875CAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    893755 | PA      | $880353.35    | 0.21%             | 2029-04-04      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| TKO Worldwide Holdings LLC                                     | TKO Worldwide Holdings LLC, First Lien, CME Term Loan, B5                                         | CUSIP: 90266UAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5100551 | PA      | $5117408.38   | 1.24%             | 2031-11-21      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                     | Cloud Software Group, Inc.                                                                        | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1112046.42   | 0.27%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Kleopatra Finco SARL                                           | Kleopatra Finco SARL, First Lien, Debtor-In-Possession Roll-Up CME Term Loan                      | CUSIP: L5841WAH1<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |   1210156 | PA      | $1087119.21   | 0.26%             | 2026-08-07      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Adient US LLC                                                  | Adient US LLC, First Lien, CME Term Loan, B2                                                      | CUSIP: 00687MAH4<br>LEI: 213800SOTRCDGZUHL712 | Long             | LON              | CORP              | US        |   1160424 | PA      | $1160876.38   | 0.28%             | 2031-01-31      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower LLC                           | Prime Security Services Borrower LLC, First Lien, 2024-1 Refinancing CME Term Loan, B1            | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |   1230789 | PA      | $1230019.81   | 0.30%             | 2030-10-15      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                                       | Pathway Vet Alliance LLC, First Lien, CME Term Loan, A                                            | CUSIP: 70323KAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    766474 | PA      | $769731.51    | 0.19%             | 2028-06-30      | Variable      | 8.84%                 | No            |                  2 | On Loan: No      |
| Spin Holdco, Inc.                                              | Spin Holdco, Inc., First Lien, Initial CME Term Loan                                              | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |    470364 | PA      | $383111.68    | 0.09%             | 2028-03-06      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| Sovos Compliance LLC                                           | Sovos Compliance LLC, First Lien, Amendment No. 3 Replacement CME Term Loan                       | CUSIP: 84611YAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1171995 | PA      | $1145624.90   | 0.28%             | 2029-08-13      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                    | McGraw-Hill Education, Inc., First Lien, CME Term Loan, B                                         | CUSIP: 58063DAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    319376 | PA      | $321322.13    | 0.08%             | 2031-08-06      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Speed Midco 3 SARL                                             | Speed Midco 3 SARL, First Lien, USD CME Term Loan, B                                              | CUSIP: L9002RAB2<br>LEI: 2549003UA52U0RYFOG67 | Long             | LON              | CORP              | LU        |    877193 | PA      | $880482.46    | 0.21%             | 2032-10-01      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Penn Entertainment, Inc.                                       | Penn Entertainment, Inc., First Lien, CME Term Loan, B                                            | CUSIP: 70757DAZ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1323503 | PA      | $1324806.38   | 0.32%             | 2029-05-03      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners Group LLC                                 | Broadstreet Partners Group LLC, First Lien, 2024 CME Term Loan, B                                 | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |   2312081 | PA      | $2302486.04   | 0.56%             | 2031-06-16      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                | Madison IAQ LLC, First Lien, Initial CME Term Loan                                                | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |   1768713 | PA      | $1771595.67   | 0.43%             | 2028-06-21      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Kaseya, Inc.                                                   | Kaseya, Inc., First Lien, Initial CME Term Loan                                                   | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |   1820091 | PA      | $1758098.32   | 0.43%             | 2032-03-22      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                        | Talen Energy Supply LLC, First Lien, 2024-1 Incremental CME Term Loan, B                          | CUSIP: 87422LAY6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    319641 | PA      | $320291.72    | 0.08%             | 2031-12-11      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3, Inc.                                  | Fortress Intermediate 3, Inc., First Lien, CME Term Loan, B                                       | CUSIP: 34966LAD6<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |   1957483 | PA      | $1925673.72   | 0.47%             | 2031-06-27      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Flynn Restaurant Group LP                                      | Flynn Restaurant Group LP, First Lien, 2025 CME Term Loan                                         | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |   3708876 | PA      | $3713511.62   | 0.90%             | 2032-01-28      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                    | Asurion LLC, Second Lien, New CME Term Loan, B3                                                   | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   2652263 | PA      | $2654133.09   | 0.64%             | 2028-01-31      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                                       | SCIH Salt Holdings, Inc., First Lien, CME Term Loan, B1                                           | CUSIP: 78397GAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    833440 | PA      | $835144.30    | 0.20%             | 2029-01-31      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| Graham Packaging Co., Inc.                                     | Graham Packaging Co., Inc., First Lien, CME Term Loan, B                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    257555 | PA      | $257649.07    | 0.06%             | 2033-01-14      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Belfor Holdings, Inc.                                          | Belfor Holdings, Inc., First Lien, Replacement CME Term Loan, B5                                  | CUSIP: 07768YAS1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1152469 | PA      | $1154635.90   | 0.28%             | 2030-11-01      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC (The)                     | Edelman Financial Engines Center LLC (The), Second Lien, 2024 Refinancing CME Term Loan           | CUSIP: 27943TAC3<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   1300000 | PA      | $1303796.00   | 0.32%             | 2028-10-20      | Variable      | 8.92%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                     | iHeartCommunications, Inc., First Lien, Refinanced CME Term Loan, B                               | CUSIP: 45174UAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1267495 | PA      | $1163275.23   | 0.28%             | 2029-05-01      | Variable      | 9.61%                 | No            |                  2 | On Loan: No      |
| US Fertility Enterprises LLC                                   | US Fertility Enterprises LLC, First Lien, Initial CME Term Loan                                   | CUSIP: 90356EAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    955263 | PA      | $961472.37    | 0.23%             | 2032-12-10      | Variable      | 7.22%                 | No            |                  2 | On Loan: No      |
| Gray Media, Inc.                                               | Gray Media, Inc., First Lien, CME Term Loan, D                                                    | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    406588 | PA      | $405645.06    | 0.10%             | 2028-12-01      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                                | CoreLogic, Inc., First Lien, Initial CME Term Loan                                                | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   2553333 | PA      | $2552809.90   | 0.62%             | 2028-06-02      | Variable      | 7.29%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco, Inc.                                            | Mermaid Bidco, Inc., First Lien, USD CME Term Loan, B                                             | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |   1624518 | PA      | $1600150.19   | 0.39%             | 2031-07-03      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Petco Health & Wellness Co., Inc.                              | Petco Health & Wellness Co., Inc., First Lien, Initial CME Term Loan                              | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |   1044610 | PA      | $1044354.36   | 0.25%             | 2028-03-03      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group LLC                                       | Great Outdoors Group LLC, First Lien, CME Term Loan, B                                            | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |   1766814 | PA      | $1769243.63   | 0.43%             | 2032-01-23      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| WWEX Uni Topco Holdings LLC                                    | WWEX Uni Topco Holdings LLC, First Lien, Initial CME Term Loan                                    | CUSIP: 00435UAF5<br>LEI: 254900XFGYPZZSG8I385 | Long             | LON              | CORP              | US        |   1473146 | PA      | $1474994.58   | 0.36%             | 2028-07-26      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                       | Project Alpha Intermediate Holding, Inc., First Lien, Second Amendment Refinancing CME Term Loan  | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1618079 | PA      | $1508866.63   | 0.37%             | 2030-10-28      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                    | Great Canadian Gaming Corp. / Raptor LLC                                                          | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | US        |   1680000 | PA      | $1709420.16   | 0.41%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Charter Next Generation, Inc.                                  | Charter Next Generation, Inc., First Lien, Initial CME Term Loan                                  | CUSIP: 16125TAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3518081 | PA      | $3524430.95   | 0.85%             | 2030-11-29      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                     | Cloud Software Group, Inc., First Lien, Incremental CME Term Loan, B                              | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1903225 | PA      | $1850886.73   | 0.45%             | 2031-03-21      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                                    | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1543650.00   | 0.37%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Savage Enterprises LLC                                         | Savage Enterprises LLC, First Lien, Amendment No. 7 CME Term Loan                                 | CUSIP: 80465JAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    235726 | PA      | $236536.59    | 0.06%             | 2032-08-05      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Pathway Vet Alliance LLC                                       | Pathway Vet Alliance LLC, First Lien, CME Term Loan, B                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2452052 | PA      | $1671490.61   | 0.41%             | 2028-06-30      | Variable      | 8.84%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                          | United Airlines, Inc.                                                                             | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1164804.16   | 0.28%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc., First Lien, CME Term Loan, M                                                     | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1158387 | PA      | $1158827.25   | 0.28%             | 2032-08-19      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| All Day Electric, Inc.                                         | All Day Electric, Inc.                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       667 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Mavis Tire Express Services Topco Corp.                        | Mavis Tire Express Services Topco Corp., First Lien, 2025 Incremental CME Term Loan               | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |   1138180 | PA      | $1139813.73   | 0.28%             | 2028-05-04      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| ADMI Corp.                                                     | ADMI Corp., First Lien, CME Term Loan, B5                                                         | CUSIP: 00709LAL1<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    330909 | PA      | $322636.36    | 0.08%             | 2027-12-23      | Variable      | 9.42%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                         | HUB International Ltd., First Lien, 2025 Incremental CME Term Loan                                | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   6343845 | PA      | $6351901.51   | 1.54%             | 2030-06-20      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding, Inc.                      | Crown Subsea Communications Holding, Inc., First Lien, 2025 CME Term Loan                         | CUSIP: 22860EAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1501799 | PA      | $1508369.25   | 0.37%             | 2031-01-30      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments LLC                                            | Shift4 Payments LLC, First Lien, Amendment No. 2 CME Term Loan                                    | CUSIP: 82453JAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    576494 | PA      | $580697.00    | 0.14%             | 2032-06-30      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                                       | SCIH Salt Holdings, Inc.                                                                          | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1097862.37   | 0.27%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AmWINS Group, Inc.                                             | AmWINS Group, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |   1310334 | PA      | $1309489.01   | 0.32%             | 2032-01-30      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| Dawn Bidco LLC                                                 | Dawn Bidco LLC, First Lien, CME Term Loan                                                         | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4000000 | PA      | $3897500.00   | 0.95%             | 2032-08-20      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| RealTruck Group, Inc.                                          | RealTruck Group, Inc., First Lien, Initial CME Term Loan                                          | CUSIP: 89778PAG2<br>LEI: 54930007KT5CX7XNSD31 | Long             | LON              | CORP              | US        |    615946 | PA      | $481749.48    | 0.12%             | 2028-01-31      | Variable      | 7.54%                 | No            |                  2 | On Loan: No      |
| Lummus Technology Holdings V LLC                               | Lummus Technology Holdings V LLC, First Lien, Amendment No. 4 Refinancing CME Term Loan, B        | CUSIP: 45232UAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    808769 | PA      | $810855.34    | 0.20%             | 2029-12-31      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                            | Hilton Grand Vacations Borrower LLC, First Lien, Initial CME Term Loan                            | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |    916545 | PA      | $916054.86    | 0.22%             | 2028-08-02      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                         | First Brands Group LLC, First Lien, 2022-II Incremental CME Term Loan                             | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1561437 | PA      | $8720.62      | 0.00%             | 2027-03-30      | Variable      | 10.81%                | No            |                  2 | On Loan: No      |
| First Student Bidco, Inc. / First Transit Parent, Inc.         | First Student Bidco, Inc. / First Transit Parent, Inc.                                            | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $682310.30    | 0.17%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp.                                          | Reworld Holding Corp., First Lien, 2025 Incremental CME Term Loan                                 | CUSIP: 22282GAR8<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |    727273 | PA      | $727614.55    | 0.18%             | 2031-01-15      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Zekelman Industries, Inc.                                      | Zekelman Industries, Inc., First Lien, 2024 CME Term Loan                                         | CUSIP: 98931YAD5<br>LEI: 549300S5LMRAKDWWI425 | Long             | LON              | CORP              | US        |    380186 | PA      | $382271.09    | 0.09%             | 2031-01-24      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Hamilton Projects Acquiror LLC                                 | Hamilton Projects Acquiror LLC, First Lien, Initial CME Term Loan                                 | CUSIP: 40444KAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    510194 | PA      | $513563.51    | 0.12%             | 2031-05-30      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Barracuda Networks, Inc.                                       | Barracuda Networks, Inc., First Lien, Initial CME Term Loan                                       | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |   1614541 | PA      | $1257832.40   | 0.31%             | 2029-08-15      | Variable      | 8.17%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                                         | Neptune Bidco US, Inc.                                                                            | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1233109.20   | 0.30%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| Chobani LLC                                                    | Chobani LLC, First Lien, Closing Date CME Term Loan                                               | CUSIP: 17026YAL3<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |   1090566 | PA      | $1094382.76   | 0.27%             | 2032-10-28      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                                    | Project Boost Purchaser LLC, First Lien, Initial CME Term Loan                                    | CUSIP: 74339NAG1<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |    870211 | PA      | $857001.49    | 0.21%             | 2031-07-16      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| AlixPartners LLP                                               | AlixPartners LLP, First Lien, 2025 Dollar CME Term Loan                                           | CUSIP: 01642PBE5<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |   2513089 | PA      | $2502546.60   | 0.61%             | 2032-08-12      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                | Rand Parent LLC, First Lien, CME Term Loan, B                                                     | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1269952 | PA      | $1274314.24   | 0.31%             | 2030-03-18      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| McAfee Corp.                                                   | McAfee Corp., First Lien, CME Term Loan, B1                                                       | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |   3399739 | PA      | $3021518.14   | 0.73%             | 2029-03-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp.                                     | Gainwell Acquisition Corp., First Lien, CME Term Loan, B                                          | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1405612 | PA      | $1348797.48   | 0.33%             | 2027-10-01      | Variable      | 7.77%                 | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3, Inc.                                  | Fortress Intermediate 3, Inc.                                                                     | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |    600000 | PA      | $611931.04    | 0.15%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes, Inc.                                             | Pitney Bowes, Inc., First Lien, CME Term Loan, B                                                  | CUSIP: 72448FAW5<br>LEI: 549300N2O26NW4ST6W55 | Long             | LON              | CORP              | US        |   2580260 | PA      | $2568171.13   | 0.62%             | 2032-03-19      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Edelman Financial Engines Center LLC (The)                     | Edelman Financial Engines Center LLC (The), First Lien, Initial CME Term Loan                     | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |   1498328 | PA      | $1500627.63   | 0.36%             | 2028-04-07      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Cotiviti, Inc.                                                 | Cotiviti, Inc., First Lien, New CME Term Loan, B                                                  | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   1842305 | PA      | $1709898.25   | 0.41%             | 2031-05-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                          | Clydesdale Acquisition Holdings, Inc.                                                             | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100849.44    | 0.02%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Genesys Cloud Services, Inc.                                   | Genesys Cloud Services, Inc., First Lien, 2025 Dollar CME Term Loan                               | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |   2606014 | PA      | $2554714.95   | 0.62%             | 2032-01-30      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| CMG Media Corp.                                                | CMG Media Corp., First Lien, CME Term Loan                                                        | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2790409 | PA      | $2616008.50   | 0.63%             | 2029-06-18      | Variable      | 7.27%                 | No            |                  2 | On Loan: No      |
| Indicor LLC                                                    | Indicor LLC, First Lien, Dollar CME Term Loan, D                                                  | CUSIP: 77669LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    782849 | PA      | $783737.72    | 0.19%             | 2029-11-22      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                | Nexus Buyer LLC, First Lien, Amendment No. 10 CME Term Loan                                       | CUSIP: 65343UAJ1<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    675726 | PA      | $666856.84    | 0.16%             | 2031-07-31      | Variable      | 7.72%                 | No            |                  2 | On Loan: No      |
| MIWD Holdco II LLC                                             | MIWD Holdco II LLC, First Lien, 2024 Incremental CME Term Loan                                    | CUSIP: 55336CAK8<br>LEI: 254900X3SPV5RVFJEY72 | Long             | LON              | CORP              | US        |   1525943 | PA      | $1527949.34   | 0.37%             | 2031-03-28      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                    | Caesars Entertainment, Inc., First Lien, 2023 Incremental CME Term Loan, B                        | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |   1810428 | PA      | $1803077.68   | 0.44%             | 2030-02-06      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services, Inc.                                | Brand Industrial Services, Inc., First Lien, CME Term Loan, C                                     | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |   1847065 | PA      | $1639270.47   | 0.40%             | 2030-08-01      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| Brightstar Lottery plc                                         | Brightstar Lottery plc                                                                            | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $399562.48    | 0.10%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                         | First Brands Group LLC, First Lien, 2021 CME Term Loan                                            | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1520307 | PA      | $8490.92      | 0.00%             | 2027-03-30      | Variable      | 10.81%                | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                    | Allied Universal Holdco LLC, First Lien, Amendment No. 7 Replacement USD CME Term Loan            | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |   1975456 | PA      | $1981540.24   | 0.48%             | 2032-08-20      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                    | Asurion LLC, First Lien, New CME Term Loan, B10                                                   | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    957106 | PA      | $959498.44    | 0.23%             | 2028-08-21      | Variable      | 7.77%                 | No            |                  2 | On Loan: No      |
| DIRECTV Financing LLC                                          | DIRECTV Financing LLC, First Lien, 2024 Refinancing CME Term Loan, B                              | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    189231 | PA      | $189769.13    | 0.05%             | 2029-08-02      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| PointClickCare Technologies, Inc.                              | PointClickCare Technologies, Inc., First Lien, 2025 CME Term Loan                                 | CUSIP: C7365BAG1<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    661675 | PA      | $659193.73    | 0.16%             | 2031-11-03      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc., First Lien, CME Term Loan, K                                                     | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1995000 | PA      | $1995498.75   | 0.48%             | 2030-03-22      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| ECI Macola/Max Holding LLC                                     | ECI Macola/Max Holding LLC, First Lien, 2025 Repricing CME Term Loan                              | CUSIP: 26825UAN1<br>LEI: 549300MZ2LKM75L5EI42 | Long             | LON              | CORP              | US        |   1876118 | PA      | $1857947.65   | 0.45%             | 2030-05-09      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance, Inc.                          | Jane Street Group / JSG Finance, Inc.                                                             | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1668000 | PA      | $1699787.08   | 0.41%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Delta Topco, Inc.                                              | Delta Topco, Inc., First Lien, Fourth Amendment Refinancing CME Term Loan                         | CUSIP: 24780DAJ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2940276 | PA      | $2872017.78   | 0.70%             | 2029-11-30      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                            | Medline Borrower LP, First Lien, 2030 Refinancing CME Term Loan                                   | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    796000 | PA      | $799195.94    | 0.19%             | 2030-10-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                     | Fertitta Entertainment LLC, First Lien, Initial CME Term Loan, B                                  | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1981392 | PA      | $1979579.07   | 0.48%             | 2029-01-29      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Ensemble RCM LLC                                               | Ensemble RCM LLC, First Lien, CME Term Loan, B                                                    | CUSIP: 29359BAE1<br>LEI: 254900PDXJVVI20WAQ37 | Long             | LON              | CORP              | US        |    268538 | PA      | $266650.50    | 0.06%             | 2029-08-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc., First Lien, CME Term Loan, B2                                            | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1832844 | PA      | $1837215.60   | 0.45%             | 2029-03-19      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Azuria Water Solutions, Inc.                                   | Azuria Water Solutions, Inc., First Lien, CME Term Loan, B                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2507740 | PA      | $2498335.96   | 0.61%             | 2033-01-27      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                                              | Flash Charm, Inc., First Lien, CME Term Loan, B2                                                  | CUSIP: 45168RAT0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1543163 | PA      | $1385374.56   | 0.34%             | 2028-03-02      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Project Aurora US Finco, Inc.                                  | Project Aurora US Finco, Inc., First Lien, CME Term Loan, B2                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    213650 | PA      | $214318.57    | 0.05%             | 2032-09-30      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                               | Southern Veterinary Partners LLC, First Lien, 2025 New CME Term Loan                              | CUSIP: 84410HAQ3<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |    670518 | PA      | $670940.23    | 0.16%             | 2031-12-04      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Aggreko Holdings, Inc.                                         | Aggreko Holdings, Inc., First Lien, 2025 Amended USD CME Term Loan                                | CUSIP: 01330EAD0<br>LEI: 213800VFJ5CIN2NUQ821 | Long             | LON              | CORP              | LU        |   1179518 | PA      | $1176386.32   | 0.29%             | 2031-05-21      | Variable      | 6.87%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                      | Vistra Operations Co. LLC                                                                         | CUSIP: 92840VAW2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1287935.22   | 0.31%             | 2035-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                            | Peer Holding III BV, First Lien, CME Term Loan, B8                                                | CUSIP: N6872NAQ9<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    320052 | PA      | $320553.17    | 0.08%             | 2032-09-29      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                                   | MH Sub I LLC, First Lien, 2024 December New CME Term Loan                                         | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |   3746788 | PA      | $3080403.04   | 0.75%             | 2031-12-31      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| ConnectWise LLC                                                | ConnectWise LLC, First Lien, Initial CME Term Loan                                                | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    779695 | PA      | $754355.32    | 0.18%             | 2028-09-29      | Variable      | 7.43%                 | No            |                  2 | On Loan: No      |
| ABG Intermediate Holdings 2 LLC                                | ABG Intermediate Holdings 2 LLC, First Lien, CME Term Loan, B1                                    | CUSIP: 00076VBL3<br>LEI: 54930020NXD0RJB64985 | Long             | LON              | CORP              | US        |   1160645 | PA      | $1161440.20   | 0.28%             | 2028-12-21      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Autokiniton US Holdings, Inc.                                  | Autokiniton US Holdings, Inc., First Lien, CME Term Loan, B                                       | CUSIP: 05278HAC0<br>LEI: 254900EHNKMJ1OSEZL85 | Long             | LON              | CORP              | US        |   1700000 | PA      | $1697875.01   | 0.41%             | 2028-04-06      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| Central Parent LLC                                             | Central Parent LLC, First Lien, 2024 Refinancing CME Term Loan                                    | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1721797 | PA      | $1386046.91   | 0.34%             | 2029-07-06      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Invesco Senior Loan ETF                                        | Invesco Senior Loan ETF                                                                           | CUSIP: 46138G508<br>LEI: 549300SIHU6DQELRNG59 | Long             |  | RF                | US        |    191000 | NS      | $3961340.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| First Student Bidco, Inc.                                      | First Student Bidco, Inc., First Lien, CME Term Loan, C                                           | CUSIP: 33718FAP5<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |    524146 | PA      | $523818.26    | 0.13%             | 2030-08-15      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services, Inc.                                | Concentra Health Services, Inc., First Lien, CME Term Loan, B1                                    | CUSIP: 20602RAD2<br>LEI: 984500GB84105F75DE32 | Long             | LON              | CORP              | US        |    304621 | PA      | $305765.01    | 0.07%             | 2031-07-28      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| PG Polaris BidCo SARL                                          | PG Polaris BidCo SARL, First Lien, Second Amendment Refinancing CME Term Loan                     | CUSIP: 91728NAD1<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | US        |   1161386 | PA      | $1162941.92   | 0.28%             | 2031-03-26      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings Corp.                                          | Hexion Holdings Corp., Second Lien, Initial CME Term Loan                                         | CUSIP: 42829JAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    572392 | PA      | $551645.61    | 0.13%             | 2030-03-15      | Variable      | 11.21%                | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.                      | Sedgwick Claims Management Services, Inc., First Lien, 2024 CME Term Loan                         | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |   5667806 | PA      | $5654089.89   | 1.37%             | 2031-07-31      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                                 | Core & Main LP, First Lien, CME Term Loan, E                                                      | CUSIP: 40416VAH8<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |    517145 | PA      | $517954.07    | 0.13%             | 2031-02-10      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corp.                                          | Epicor Software Corp., First Lien, CME Term Loan, E                                               | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |   2277536 | PA      | $2265794.96   | 0.55%             | 2031-05-30      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| DG Investment Intermediate Holdings 2, Inc.                    | DG Investment Intermediate Holdings 2, Inc., First Lien, Closing Date Initial CME Term Loan       | CUSIP: 23344MAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    295302 | PA      | $296531.94    | 0.07%             | 2032-07-09      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                     | Cloud Software Group, Inc., First Lien, Initial Dollar CME Term Loan, B                           | CUSIP: 88632NBL3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1449121 | PA      | $1409871.55   | 0.34%             | 2032-08-16      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                    | Asurion LLC, Second Lien, New CME Term Loan, B4                                                   | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   3248036 | PA      | $3252095.70   | 0.79%             | 2029-01-19      | Variable      | 9.04%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                | Rand Parent LLC                                                                                   | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $993339.55    | 0.24%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund       | Franklin Institutional U.S. Government Money Market Fund                                          | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  45009854 | NS      | $45009854.49  | 10.91%            |  |  |  | No            |                  1 | On Loan: No      |
| MX Holdings US, Inc.                                           | MX Holdings US, Inc., First Lien, Senior USD CME Term Loan, B                                     | CUSIP: 55404TAF9<br>LEI: 549300RKTIVJWNROR778 | Long             | LON              | CORP              | DE        |    406044 | PA      | $406805.37    | 0.10%             | 2032-03-17      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                            | Ascend Learning LLC, First Lien, Initial CME Term Loan                                            | CUSIP: 04349HAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1431338 | PA      | $1419264.51   | 0.34%             | 2028-12-11      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Victory Capital Holdings, Inc.                                 | Victory Capital Holdings, Inc., First Lien, CME Term Loan, B3                                     | CUSIP: 92645DAM1<br>LEI: 549300BN5LH2CIPPHS71 | Long             | LON              | CORP              | US        |    498750 | PA      | $500370.94    | 0.12%             | 2032-09-23      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                         | LifePoint Health, Inc., First Lien, 2024-2 Refinancing CME Term Loan                              | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1094092 | PA      | $1093184.35   | 0.27%             | 2031-05-19      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Co., Inc.                                         | Boxer Parent Co., Inc., First Lien, 2031 Replacement Dollar CME Term Loan                         | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    893250 | PA      | $861986.25    | 0.21%             | 2031-07-30      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Highline Aftermarket Acquisition LLC                           | Highline Aftermarket Acquisition LLC, First Lien, 2025-1 CME Term Loan                            | CUSIP: 43110HAF6<br>LEI: 254900Q5W6G5KG3GHJ04 | Long             | LON              | CORP              | US        |    112498 | PA      | $112990.56    | 0.03%             | 2030-02-13      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc., First Lien, CME Term Loan, B1                                            | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1432880 | PA      | $1435466.20   | 0.35%             | 2031-04-14      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Signia Aerospace LLC                                           | Signia Aerospace LLC, First Lien, CME Term Loan                                                   | CUSIP: 82670NAG1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    718641 | PA      | $720735.65    | 0.17%             | 2031-12-11      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| CPM Holdings, Inc.                                             | CPM Holdings, Inc., First Lien, Initial CME Term Loan                                             | CUSIP: 12620BAR1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1265254 | PA      | $1249837.17   | 0.30%             | 2028-09-28      | Variable      | 8.20%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | Playtika Holding Corp., First Lien, CME Term Loan, B1                                             | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |   1095021 | PA      | $1065121.43   | 0.26%             | 2028-03-13      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                                            | Verde Purchaser LLC, First Lien, Second Refinancing CME Term Loan                                 | CUSIP: 92338TAB2<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | LON              | CORP              | US        |   1769722 | PA      | $1736761.02   | 0.42%             | 2030-11-30      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| GTCR Everest Borrower LLC                                      | GTCR Everest Borrower LLC, First Lien, 2025 CME Term Loan                                         | CUSIP: 36269YAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    689570 | PA      | $689838.58    | 0.17%             | 2031-09-05      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc., First Lien, CME Term Loan, B3                                            | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1259448 | PA      | $1260789.65   | 0.31%             | 2032-02-10      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Genmab A/S                                                     | Genmab A/S, First Lien, Initial CME Term Loan, B                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DK        |    297442 | PA      | $298902.44    | 0.07%             | 2032-12-13      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                                         | Aramark Services, Inc., First Lien, U.S. CME Term Loan, B10                                       | CUSIP: 03852JBC4<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    526144 | PA      | $528051.38    | 0.13%             | 2030-06-24      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                                    | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1705836.10   | 0.41%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADMI Corp.                                                     | ADMI Corp., First Lien, Amendment No. 4 Refinancing CME Term Loan                                 | CUSIP: 00709LAH0<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    884339 | PA      | $846533.05    | 0.21%             | 2027-12-23      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC                                                   | Acrisure LLC, First Lien, CME Term Loan, B6                                                       | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   3552634 | PA      | $3546860.90   | 0.86%             | 2030-11-06      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Avalara, Inc.                                                  | Avalara, Inc., First Lien, First Amendment CME Term Loan                                          | CUSIP: 05338KAD9<br>LEI: 549300Q16CMW239SS315 | Long             | LON              | CORP              | US        |   1296750 | PA      | $1274056.88   | 0.31%             | 2032-03-26      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                         | Mauser Packaging Solutions Holding Co., First Lien, 2025 CME Term Loan                            | CUSIP: 57763TAF0<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |   1008648 | PA      | $986674.98    | 0.24%             | 2030-04-15      | Variable      | 7.23%                 | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                                  | Hologic, Inc., First Lien, CME Term Loan, B                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5000000 | PA      | $4969700.00   | 1.21%             | 2033-01-14      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                    | Asurion LLC, First Lien, New CME Term Loan, B11                                                   | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1125193 | PA      | $1128354.34   | 0.27%             | 2028-08-21      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| AI Aqua Merger Sub, Inc.                                       | AI Aqua Merger Sub, Inc., First Lien, 2025 Refinancing CME Term Loan, B                           | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |   2236520 | PA      | $2239886.30   | 0.54%             | 2028-07-31      | Variable      | 6.77%                 | No            |                  2 | On Loan: No      |
| Vibrantz Technologies, Inc.                                    | Vibrantz Technologies, Inc., First Lien, Initial CME Term Loan                                    | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |    750154 | PA      | $313192.90    | 0.08%             | 2029-04-23      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| Cengage Learning, Inc.                                         | Cengage Learning, Inc., First Lien, 2024 Refinancing CME Term Loan                                | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    796374 | PA      | $796620.65    | 0.19%             | 2031-03-24      | Variable      | 7.26%                 | No            |                  2 | On Loan: No      |
| Boots Group Finco LP                                           | Boots Group Finco LP, First Lien, Closing Date Dollar CME Term Loan                               | CUSIP: 09947PAB7<br>LEI: 254900YVLYOVF1PF1N93 | Long             | LON              | CORP              | GB        |    401384 | PA      | $403306.71    | 0.10%             | 2032-08-30      | Variable      | 7.21%                 | No            |                  2 | On Loan: No      |
| Sanmina Corp.                                                  | Sanmina Corp., First Lien, Incremental CME Term Loan, B1                                          | CUSIP: 80105GAP5<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | LON              | CORP              | US        |    981132 | PA      | $986037.74    | 0.24%             | 2032-10-27      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Dermatology Intermediate Holdings III, Inc.                    | Dermatology Intermediate Holdings III, Inc., First Lien, Initial CME Term Loan                    | CUSIP: 24982LAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2468147 | PA      | $2380885.68   | 0.58%             | 2029-03-26      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies, Inc.                                     | Waystar Technologies, Inc., First Lien, Initial CME Term Loan                                     | CUSIP: 63939WAN3<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |    869315 | PA      | $866054.59    | 0.21%             | 2029-10-22      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| INEOS US Petrochem LLC                                         | INEOS US Petrochem LLC, First Lien, New CME Term Loan, B1                                         | CUSIP: G4770MAL8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1507283 | PA      | $1056349.37   | 0.26%             | 2029-04-02      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corp.                                        | Columbus McKinnon Corp., First Lien, CME Term Loan, B                                             | CUSIP: 19933MAS2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    289615 | PA      | $288167.09    | 0.07%             | 2033-01-21      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                                  | Surgery Center Holdings, Inc., First Lien, 2025 Refinancing CME Term Loan                         | CUSIP: 86880NBD4<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |    279932 | PA      | $280685.37    | 0.07%             | 2030-12-19      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| RealTruck Group, Inc.                                          | RealTruck Group, Inc., First Lien, Second Amendment Incremental CME Term Loan                     | CUSIP: 89778PAH0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1449389 | PA      | $1136871.97   | 0.28%             | 2028-01-31      | Variable      | 8.79%                 | No            |                  2 | On Loan: No      |
| Engineered Machinery Holdings, Inc.                            | Engineered Machinery Holdings, Inc., First Lien, 2025 USD Refinancing CME Term Loan               | CUSIP: 26658NAT6<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |    666986 | PA      | $670437.24    | 0.16%             | 2032-11-26      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                    | Beach Acquisition Bidco LLC, First Lien, CME Term Loan, B1                                        | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |    101095 | PA      | $101411.12    | 0.02%             | 2032-09-13      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                   | MPH Acquisition Holdings LLC, First Lien, Exchange First Out CME Term Loan                        | CUSIP: 55328HAP6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |    250053 | PA      | $249949.65    | 0.06%             | 2030-12-31      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| UKG, Inc.                                                      | UKG, Inc., First Lien, Initial CME Term Loan                                                      | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   6020659 | PA      | $5883929.78   | 1.43%             | 2031-02-10      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| CRC Insurance Group LLC                                        | CRC Insurance Group LLC, First Lien, CME Term Loan, B                                             | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1904248 | PA      | $1902467.37   | 0.46%             | 2031-05-06      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance, Inc.                          | Acrisure LLC / Acrisure Finance, Inc.                                                             | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    529400 | PA      | $513115.71    | 0.12%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                           | Alpha Generation LLC, First Lien, Initial CME Term Loan, B                                        | CUSIP: 02072UAC6<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |    994962 | PA      | $995151.26    | 0.24%             | 2031-09-30      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Golden State Foods                                             | Golden State Foods LLC, First Lien, Initial CME Term Loan                                         | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    836885 | PA      | $840132.57    | 0.20%             | 2031-12-04      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Franklin Floating Rate Master Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer