# EDGAR Filing Document

**Accession Number:** 0001648403
**File Stem:** 0000940400-26-026137
**Filing Date:** 2026-6
**Character Count:** 145940
**Document Hash:** a4314cfa1f392b054129d9d110db6327
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-026137.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000940400-26-026137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus ETF Trust II
- **CENTRAL INDEX KEY:** 0001648403

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23078
- **FILM NUMBER:** 261128381

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-593-4383

**MAIL ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus EFT Trust II
- **DATE OF NAME CHANGE:** 20150717

## Series and Classes Contracts Data

### Virtus Seix Senior Loan ETF (Series ID: S000064735)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000209678 | Virtus Seix Senior Loan ETF | SEIX            |

## Nport-Ex

Schedule of Investments - Virtus Seix Senior Loan ETF

April 30, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS – 90.4%** | **TERM LOANS – 90.4%** | |
| **Basic Materials – 7.2%** |  |  |
| Ahlstrom Holding 3 Oy, 8.21%, (3-Month SOFR + 4.51%), 05/23/30<sup>(1)</sup> | $302718 | $299529 |
| Arc Falcon I, Inc., 10.75%, (1-Month SOFR + 7.10%), 09/30/29<sup>(1)</sup> | 2380000 | 2161825 |
| Arc Falcon I, Inc., 8.16%, (1-Month SOFR + 4.50%), 04/01/33<sup>(1)</sup> | 2110000 | 1983400 |
| Bakelite US Holdco, Inc., 7.45%, (3-Month SOFR + 3.75%), 12/23/31<sup>(1)</sup> | 1742938 | 1689569 |
| Chemours (The), Co., 7.15%, (1-Month SOFR + 3.50%), 10/15/32<sup>(1)</sup> | 1287318 | 1286675 |
| Consolidated Energy Finance SA, 8.16%, (3-Month SOFR + 4.50%), 11/15/30<sup>(1)</sup> | 618320 | 596970 |
| INEOS US Finance LLC, 6.90%, (1-Month SOFR + 3.25%), 02/19/30<sup>(1)</sup> | 1809938 | 1690029 |
| INEOS US Finance LLC, 6.65%, (1-Month SOFR + 3.00%), 02/07/31<sup>(1)</sup> | 2182306 | 2027722 |
| INEOS US Petrochem LLC, 7.90%, (1-Month SOFR + 4.25%), 10/07/31<sup>(1)</sup> | 1093950 | 966324 |
| Magnera Corp., 7.92%, (3-Month SOFR + 4.25%), 11/04/31<sup>(1)</sup> | 1574053 | 1519748 |
| Mativ Holdings, Inc., 0.00%, (SOFR + 0.00%), 03/30/33<sup>(2)</sup> | 310000 | 308063 |
| Mativ Holdings, Inc., 8.15%, (1-Month SOFR + 4.50%), 03/30/33<sup>(1)</sup> | 690000 | 685688 |
| Natgasoline LLC, 9.17%, (3-Month SOFR + 5.50%), 03/29/30<sup>(1)</sup> | 901875 | 911642 |
| Spa US HoldCo, Inc., 7.96%, (3-Month SOFR + 4.26%), 02/04/28<sup>(1)</sup> | 689353 | 686768 |
| Spa US HoldCo, Inc., 7.96%, (1-Month SOFR + 4.26%), 02/04/28<sup>(1)</sup> | 624501 | 622159 |
| Total Basic Materials |  | 17436111 |
| **Communications – 14.0%** |  |  |
| 2Degrees Group Ltd., 6.90%, (3-Month SOFR + 3.25%), 05/11/29<sup>(1)</sup> | 489286 | 491324 |
| Altice Financing SA, 8.67%, (3-Month SOFR + 5.00%), 10/31/27<sup>(1)(3)</sup> | 1085093 | 831257 |
| AP Core Holdings II LLC, 9.27%, (1-Month SOFR + 5.61%), 09/01/27<sup>(1)</sup> | 2865557 | 2825377 |
| Cable One, Inc., 5.77%, (1-Month SOFR + 2.11%), 05/03/28<sup>(1)</sup> | 373578 | 354783 |
| Cengage Learning, Inc., 6.65%, (1-Month SOFR + 3.00%), 03/24/31<sup>(1)</sup> | 672538 | 659961 |
| Cengage Learning, Inc., 6.65%, (1-Month SOFR + 0.00%), 03/24/31<sup>(1)</sup> | 395452 | 388057 |
| Cogeco Communications USA II LP, 6.90%, (1-Month SOFR + 3.25%), 09/18/30<sup>(1)</sup> | 1169873 | 1111590 |
| Connect Finco SARL, 8.15%, (1-Month SOFR + 4.50%), 09/27/29<sup>(1)</sup> | 2074774 | 2084235 |
| Coral-US Co-Borrower LLC, 6.92%, (3-Month SOFR + 3.25%), 01/31/32<sup>(1)</sup> | 1070000 | 1069775 |
| Crown Subsea Communications Holding, Inc., 6.65%, (1-Month SOFR + 3.00%), 01/30/31<sup>(1)</sup> | 891000 | 898333 |
| Digital Media Solutions LLC, 0.00%, (3-Month SOFR + 0.00%), 05/25/26<sup>(1)(4)</sup> | 37454 | 0 |
| Digital Media Solutions LLC, 15.43%, (3-Month SOFR + 0.00%), 05/25/26<sup>(1)(3) (4)</sup> | 416979 | 0 |

---

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Communications (continued)** |  |  |
| Directv Financing LLC, 9.18%, (3-Month SOFR + 5.51%), 08/02/29<sup>(1)</sup> | $1189842 | $1194768 |
| Directv Financing LLC, 9.16%, (3-Month SOFR + 5.50%), 02/17/31<sup>(1)</sup> | 445798 | 447289 |
| DMS Purchaser LLC, 11.15%, (1-Month SOFR + 7.50%), 02/28/30<sup>(1)(4)</sup> | 182935 | 186758 |
| Ensono, Inc., 7.77%, (1-Month SOFR + 4.11%), 05/26/28<sup>(1)</sup> | 1144180 | 1105249 |
| Galileo Parent, Inc., 8.12%, (6-Month SOFR + 4.50%), 02/25/33<sup>(1)</sup> | 1565000 | 1566964 |
| Level 3 Financing, Inc., 6.90%, (1-Month SOFR + 3.25%), 03/29/32<sup>(1)</sup> | 2210000 | 2220255 |
| Magnite, Inc., 6.65%, (1-Month SOFR + 3.00%), 02/06/31<sup>(1)</sup> | 1607724 | 1592451 |
| Neptune Bidco US, Inc., 8.77%, (3-Month SOFR + 5.10%), 02/03/33<sup>(1)</sup> | 1900000 | 1864499 |
| Nexstar Media, Inc., 6.40%, (1-Month SOFR + 2.75%), 03/18/33<sup>(1)</sup> | 1335000 | 1335734 |
| Summer BC Holdco B SARL, 8.96%, (3-Month SOFR + 5.00%), 02/15/29<sup>(1)</sup> | 1389146 | 1181205 |
| Telenet Financing USD LLC, 5.77%, (1-Month SOFR + 2.11%), 04/28/28<sup>(1)</sup> | 1730000 | 1724109 |
| TripAdvisor, Inc., 6.40%, (1-Month SOFR + 2.75%), 07/08/31<sup>(1)</sup> | 847331 | 796068 |
| Univision Communications, Inc, 0.00%, (SOFR + 0.00%), 01/31/29<sup>(2)</sup> | 1296701 | 1291838 |
| Viasat, Inc., 8.27%, (1-Month SOFR + 4.61%), 05/30/30<sup>(1)</sup> | 914207 | 918106 |
| Virgin Media Bristol LLC, 6.97%, (6-Month SOFR + 3.28%), 03/31/31<sup>(1)</sup> | 1900000 | 1782637 |
| Wasserman Media Group LLC, 6.15%, (1-Month SOFR + 2.50%), 06/23/32<sup>(1)</sup> | 668325 | 668883 |
| Zacapa SARL, 7.45%, (3-Month SOFR + 3.75%), 03/22/29<sup>(1)</sup> | 3440407 | 3455459 |
| Total Communications |  | 34046964 |
| **Consumer, Cyclical – 12.0%** |  |  |
| Allwyn Entertainment Financing US LLC, 0.00%, (SOFR + 0.00%), 06/02/31<sup>(2)</sup> | 169575 | 166537 |
| Allwyn Entertainment Financing US LLC, 5.67%, (3-Month SOFR + 2.00%), 06/02/31<sup>(1)</sup> | 1346933 | 1322803 |
| Allwyn Entertainment Financing US LLC, 0.00%, (SOFR + 0.00%), 11/24/32<sup>(2)</sup> | 435000 | 430854 |
| Allwyn Entertainment Financing US LLC, 6.16%, (3-Month SOFR + 2.50%), 11/24/32<sup>(1)</sup> | 670000 | 663615 |
| American Axle & Manufacturing, Inc., 6.91%, (3-Month SOFR + 3.35%), 02/03/33<sup>(1)</sup> | 1343500 | 1345179 |
| American Greetings Corp., 9.40%, (1-Month SOFR + 5.75%), 10/30/29<sup>(1)</sup> | 1125909 | 1125909 |
| Autokiniton US Holdings, Inc., 7.77%, (1-Month SOFR + 4.11%), 04/06/28<sup>(1)</sup> | 1711791 | 1696633 |
| Bombardier Produits Recreatifs, Inc., 0.00%, (SOFR + 0.00%), 01/22/31<sup>(2)</sup> | 997487 | 996615 |
| Boots Group Finco LP, 6.92%, (3-Month SOFR + 3.25%), 08/30/32<sup>(1)</sup> | 842888 | 848817 |

---

Schedule of Investments - Virtus Seix Senior Loan ETF (continued)

April 30, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Consumer, Cyclical (continued)** |  |  |
| CWGS Group LLC, 0.00%, (SOFR + 0.00%), 06/03/28<sup>(2)</sup> | $310000 | $295973 |
| GBT US III LLC, 5.67%, (3-Month SOFR + 2.00%), 07/25/31<sup>(1)</sup> | 1016305 | 1007864 |
| Kingpin Intermediate Holdings LLC, 6.90%, (1-Month SOFR + 3.25%), 09/22/32<sup>(1)</sup> | 1047375 | 918747 |
| OneSky Flight LLC, 6.42%, (1-Month SOFR + 2.75%), 02/04/33<sup>(1)</sup> | 840000 | 843154 |
| Oravel Stays Singapore Pte Ltd., 11.71%, (3-Month SOFR + 8.00%), 12/20/29<sup>(1)</sup> | 1983178 | 2031518 |
| Peer Holding III BV, 6.20%, (3-Month SOFR + 2.50%), 07/01/31<sup>(1)</sup> | 676438 | 679143 |
| Peer USA LLC, 5.95%, (3-Month SOFR + 2.25%), 09/29/32<sup>(1)</sup> | 500000 | 501063 |
| Restoration Hardware, Inc., 6.27%, (1-Month SOFR + 2.61%), 10/20/28<sup>(1)</sup> | 307225 | 303122 |
| Restoration Hardware, Inc., 7.00%, (1-Month SOFR + 3.35%), 10/20/28<sup>(1)</sup> | 1013121 | 1005163 |
| Sabre GLBL, Inc., 10.00%, (1-Month SOFR + 6.35%), 07/30/29<sup>(1)</sup> | 1780842 | 1468766 |
| Sabre GLBL, Inc., 9.75%, (1-Month SOFR + 6.10%), 11/15/29<sup>(1)</sup> | 290199 | 238417 |
| Six Flags Entertainment Corp., 5.65%, (1-Month SOFR + 2.00%), 05/01/31<sup>(1)</sup> | 575558 | 572200 |
| Tory Burch LLC, 0.00%, (SOFR + 0.00%), 04/17/31<sup>(2)</sup> | 775000 | 770641 |
| TRQ Sales LLC, 6.95%, (3-Month SOFR + 3.25%), 12/30/32<sup>(1)</sup> | 1310000 | 1288713 |
| Varsity Brands, Inc., 6.45%, (3-Month SOFR + 2.75%), 08/26/31<sup>(1)</sup> | 992513 | 992140 |
| Victra Holdings LLC, 7.45%, (3-Month SOFR + 3.75%), 03/29/29<sup>(1)</sup> | 1781684 | 1772775 |
| Voyager Parent LLC, 0.00%, (SOFR + 0.00%), 07/01/32<sup>(2)</sup> | 305000 | 305480 |
| Voyager Parent LLC, 7.95%, (3-Month SOFR + 4.25%), 07/01/32<sup>(1)</sup> | 1229157 | 1231093 |
| Weber-Stephen Products LLC, 7.44%, (3-Month SOFR + 3.75%), 10/01/32<sup>(1)</sup> | 1005000 | 981287 |
| WH Borrower LLC, 8.16%, (1-Month SOFR + 4.50%), 02/20/32<sup>(1)</sup> | 1935114 | 1940261 |
| WH Borrower LLC, 8.19%, (1-Month SOFR + 0.00%), 02/20/32<sup>(1)</sup> | 412020 | 413116 |
| White Cap Supply Holdings LLC, 7.17%, (1-Month SOFR + 3.50%), 02/10/33<sup>(1)</sup> | 940000 | 934713 |
| Total Consumer, Cyclical |  | 29092311 |
| **Consumer, Non-cyclical – 13.7%** |  |  |
| A-AG US GSI Bidco, Inc., 8.70%, (3-Month SOFR + 5.00%), 10/31/31<sup>(1)</sup> | 1128600 | 1134243 |
| Aggreko Holdings, Inc., 6.66%, (3-Month SOFR + 3.00%), 05/21/31<sup>(1)</sup> | 822927 | 827968 |
| Aspire Bakeries Holdings LLC, 6.65%, (1-Month SOFR + 3.00%), 12/23/30<sup>(1)</sup> | 594000 | 598087 |
| Camelot US Acquisition LLC, 6.40%, (1-Month SOFR + 2.75%), 01/31/31<sup>(1)</sup> | 1020000 | 960391 |

---

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Consumer, Non-cyclical (continued)** |  |  |
| Catawba Nation Gaming Authority, 0.00%, (SOFR + 0.00%), 03/29/32<sup>(1)</sup> | $155000 | $156086 |
| Catawba Nation Gaming Authority, 8.41%, (3-Month SOFR + 4.75%), 03/29/32<sup>(1)</sup> | 1035000 | 1042250 |
| First Advantage Holdings LLC, 6.45%, (3-Month SOFR + 2.75%), 10/31/31<sup>(1)</sup> | 1819559 | 1799662 |
| Froneri US, Inc., 6.13%, (6-Month SOFR + 2.50%), 08/02/32<sup>(1)</sup> | 466979 | 464473 |
| Froneri US, Inc., 5.88%, (6-Month SOFR + 2.25%), 09/30/32<sup>(1)</sup> | 460696 | 458225 |
| Golden State Foods LLC, 7.20%, (3-Month SOFR + 3.50%), 12/04/31<sup>(1)</sup> | 987525 | 993386 |
| Hopper Merger Sub, Inc., 0.00%, (SOFR + 0.00%), 04/07/33<sup>(2)</sup> | 250000 | 248907 |
| Hopper Merger Sub, Inc., 5.92%, (3-Month SOFR + 2.25%), 04/07/33<sup>(1)</sup> | 1225000 | 1219647 |
| ION Platform Finance US, Inc., 0.00%, (SOFR + 0.00%), 10/07/32<sup>(2)</sup> | 85000 | 68394 |
| ION Platform Finance US, Inc., 7.45%, (3-Month SOFR + 3.75%), 10/07/32<sup>(1)</sup> | 1385000 | 1114426 |
| Jupiter Buyer, Inc., 7.70%, (3-Month SOFR + 4.00%), 11/01/31<sup>(1)</sup> | 1147103 | 1153556 |
| LifePoint Health, Inc., 7.42%, (3-Month SOFR + 3.75%), 05/16/31<sup>(1)</sup> | 2665559 | 2658069 |
| NorthAB LLC, 6.20%, (3-Month SOFR + 2.50%), 11/24/28<sup>(1)</sup> | 1019694 | 955330 |
| Nourish Buyer I, Inc., 7.67%, (3-Month SOFR + 4.00%), 07/09/32<sup>(1)</sup> | 633688 | 639232 |
| Opal US LLC, 6.70%, (3-Month SOFR + 3.00%), 04/28/32<sup>(1)</sup> | 1696475 | 1705314 |
| Primary Products Finance LLC, 6.93%, (3-Month SOFR + 3.25%), 04/01/29<sup>(1)</sup> | 974688 | 974444 |
| Primo Brands Corp., 6.45%, (3-Month SOFR + 2.75%), 03/31/31<sup>(1)</sup> | 635000 | 639737 |
| Priority Holdings LLC, 7.40%, (1-Month SOFR + 3.75%), 07/30/32<sup>(1)</sup> | 1840013 | 1790793 |
| Prometric Holdings, Inc., 7.40%, (1-Month SOFR + 3.75%), 06/25/32<sup>(1)</sup> | 666650 | 667587 |
| Savor Acquisition, Inc., 0.00%, (3-Month SOFR + 0.00%), 02/19/32<sup>(1)(5)</sup> | 68534 | 68877 |
| Savor Acquisition, Inc., 6.66%, (3-Month SOFR + 3.00%), 02/19/32<sup>(1)</sup> | 721017 | 724622 |
| Sazerac Co., Inc., 5.66%, (1-Month SOFR + 2.00%), 07/09/32<sup>(1)</sup> | 728175 | 728630 |
| Select Medical Corp., 0.00%, (SOFR + 0.00%), 12/31/31<sup>(2)</sup> | 650000 | 653250 |
| Team Health Holdings, Inc., 7.66%, (3-Month SOFR + 4.00%), 06/30/28<sup>(1)</sup> | 1176127 | 1179344 |
| Transnetwork LLC, 8.45%, (3-Month SOFR + 4.75%), 12/29/30<sup>(1)</sup> | 989873 | 905734 |
| TreeHouse Foods, Inc., 0.00%, (SOFR + 0.00%), 02/04/33<sup>(2)</sup> | 330000 | 333147 |
| TreeHouse Foods, Inc., 7.90%, (1-Month SOFR + 4.25%), 02/04/33<sup>(1)</sup> | 655000 | 661245 |
| TTF Lower Intermediate LLC, 7.38%, (6-Month SOFR + 3.75%), 07/18/31<sup>(1)</sup> | 1276747 | 966606 |

---

Schedule of Investments - Virtus Seix Senior Loan ETF (continued)

April 30, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Consumer, Non-cyclical (continued)** |  |  |
| University Support Services LLC, 6.40%, (1-Month SOFR + 2.75%), 02/10/29<sup>(1)</sup> | $1405550 | $1393884 |
| Veritiv Operating Co., 7.70%, (3-Month SOFR + 4.00%), 11/29/30<sup>(1)</sup> | 971015 | 942336 |
| Vestis Corp., 5.92%, (3-Month SOFR + 2.25%), 02/22/31<sup>(1)</sup> | 1618074 | 1585211 |
| Wash Bidco, Inc., 6.90%, (1-Month SOFR + 3.25%), 09/10/32<sup>(1)</sup> | 840000 | 844465 |
| Total Consumer, Non-cyclical |  | 33257558 |
| **Energy – 7.0%** |  |  |
| Bayonne Energy Center LLC, 0.00%, (SOFR + 0.00%), 09/22/32<sup>(2)</sup> | 9860 | 9880 |
| Bayonne Energy Center LLC, 6.70%, (3-Month SOFR + 3.00%), 09/22/32<sup>(1)</sup> | 863328 | 865128 |
| Calcasieu Pass Funding LLC, 0.00%, (SOFR + 0.00%), 04/11/33<sup>(2)</sup> | 220000 | 220962 |
| Calcasieu Pass Funding LLC, 6.95%, (6-Month SOFR + 3.25%), 04/11/33<sup>(1)</sup> | 500000 | 502188 |
| CPPIB OVM Member US LLC, 5.95%, (3-Month SOFR + 2.25%), 08/20/31<sup>(1)</sup> | 892492 | 894723 |
| Deep Blue Operating I LLC, 6.41%, (1-Month SOFR + 2.75%), 10/01/32<sup>(1)</sup> | 690000 | 694312 |
| EMG Utica Midstream Holdings LLC, 7.20%, (3-Month SOFR + 3.50%), 04/01/30<sup>(1)</sup> | 876741 | 885509 |
| FR BR Holdings LLC, 7.95%, (3-Month SOFR + 4.25%), 10/09/30<sup>(1)</sup> | 689639 | 692226 |
| Freeport LNG Investments LLLP, 0.00%, (SOFR + 0.00%), 02/11/33<sup>(2)</sup> | 620000 | 621745 |
| Freeport LNG Investments LLLP, 6.93%, (3-Month SOFR + 3.25%), 02/11/33<sup>(1)</sup> | 805000 | 807266 |
| Goodnight Water Solutions Holdings LLC, 7.65%, (1-Month SOFR + 4.00%), 06/04/29<sup>(1)</sup> | 2399483 | 2411481 |
| NGL Energy Operating LLC, 7.15%, (1-Month SOFR + 3.50%), 03/11/33<sup>(1)</sup> | 860000 | 863160 |
| Oxbow Carbon LLC, 7.15%, (1-Month SOFR + 3.50%), 05/10/30<sup>(1)</sup> | 1911793 | 1922546 |
| Par Petroleum LLC, 6.93%, (3-Month SOFR + 3.25%), 02/28/30<sup>(1)</sup> | 1334705 | 1339917 |
| Rockpoint Gas Storage Partners, Inc., 6.20%, (3-Month SOFR + 2.50%), 09/18/31<sup>(1)</sup> | 932813 | 936567 |
| Third Coast Infrastructure LLC, 0.00%, (SOFR + 0.00%), 09/25/30<sup>(2)</sup> | 1500000 | 1509375 |
| Traverse Midstream Partners LLC, 0.00%, (SOFR + 0.00%), 04/21/33<sup>(1)</sup> | 770000 | 772168 |
| West Deptford Energy Holdings LLC, 7.65%, (1-Month SOFR + 4.00%), 07/23/32<sup>(1)</sup> | 959753 | 959355 |
| Total Energy |  | 16908508 |
| **Financials – 12.9%** |  |  |
| Apex Group Treasury LLC, 7.17%, (3-Month SOFR + 3.50%), 02/27/32<sup>(1)</sup> | 1153747 | 1087407 |
| Aretec Group, Inc., 6.65%, (1-Month SOFR + 3.00%), 08/09/30<sup>(1)</sup> | 1246875 | 1251195 |

---

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Financials (continued)** |  |  |
| Asurion LLC, 9.02%, (1-Month SOFR + 5.36%), 01/20/29<sup>(1)</sup> | $790935 | $794640 |
| Asurion LLC, 7.90%, (1-Month SOFR + 4.25%), 09/19/30<sup>(1)</sup> | 1700535 | 1704641 |
| Asurion LLC, 7.91%, (3-Month SOFR + 4.25%), 09/19/30<sup>(1)</sup> | 2205031 | 2208967 |
| Asurion LLC, 7.41%, (1-Month SOFR + 3.75%), 03/11/33<sup>(1)</sup> | 205000 | 202033 |
| Blackhawk Network Holdings, Inc., 7.15%, (1-Month SOFR + 3.50%), 03/12/29<sup>(1)</sup> | 887775 | 880961 |
| Blackstone Mortgage Trust, Inc., 6.17%, (1-Month SOFR + 2.50%), 05/09/29<sup>(1)</sup> | 199257 | 200253 |
| Blackstone Mortgage Trust, Inc., 6.17%, (1-Month SOFR + 2.50%), 12/10/30<sup>(1)</sup> | 509733 | 510370 |
| Brookfield Properties Retail Holding LLC, 7.15%, (1-Month SOFR + 3.50%), 05/28/30<sup>(1)</sup> | 878363 | 882890 |
| CFC USA 2025 LLC, 7.18%, (3-Month SOFR + 3.50%), 07/01/32<sup>(1)</sup> | 1112213 | 1077456 |
| CRC Insurance Group LLC, 0.00%, (SOFR + 0.00%), 05/06/31<sup>(2)</sup> | 465000 | 462675 |
| DRW Holdings LLC, 7.15%, (1-Month SOFR + 3.50%), 06/26/31<sup>(1)</sup> | 2045150 | 2032368 |
| EIG Management Co. LLC, 8.65%, (1-Month SOFR + 5.00%), 05/17/29<sup>(1)</sup> | 424625 | 422767 |
| FinCo I LLC, 5.40%, (1-Month SOFR + 1.75%), 06/27/29<sup>(1)</sup> | 784595 | 784803 |
| First Eagle Holdings, Inc., 0.00%, (1-Month SOFR + 0.00%), 08/16/32<sup>(1)(5)</sup> | 229688 | 229433 |
| First Eagle Holdings, Inc., 7.20%, (3-Month SOFR + 3.50%), 08/16/32<sup>(1)</sup> | 1341949 | 1340460 |
| FNZ USA FinCo LLC, 8.66%, (3-Month SOFR + 5.00%), 11/05/31<sup>(1)</sup> | 1322147 | 1060204 |
| Franklin Square Holdings LP, 5.90%, (1-Month SOFR + 2.25%), 04/25/31<sup>(1)</sup> | 1715608 | 1595516 |
| Hightower Holding LLC, 6.41%, (3-Month SOFR + 2.75%), 02/03/32<sup>(1)</sup> | 1130938 | 1131651 |
| Hyperion Refinance Sarl, 6.40%, (1-Month SOFR + 2.75%), 02/15/31<sup>(1)</sup> | 996231 | 982533 |
| Jane Street Group LLC, 5.67%, (3-Month SOFR + 2.00%), 12/15/31<sup>(1)</sup> | 476542 | 476304 |
| Jump Financial LLC, 7.20%, (3-Month SOFR + 3.50%), 02/26/32<sup>(1)</sup> | 992513 | 997475 |
| Jupiter Borrower, Inc., 0.00%, (SOFR + 0.00%), 03/25/33<sup>(2)</sup> | 1390000 | 1396950 |
| LendingTree, Inc., 7.90%, (1-Month SOFR + 4.25%), 08/21/30<sup>(1)</sup> | 2014875 | 1991361 |
| Nexus Buyer LLC, 7.15%, (1-Month SOFR + 3.50%), 07/31/31<sup>(1)</sup> | 809692 | 795441 |
| Nexus Buyer LLC, 7.65%, (1-Month SOFR + 4.00%), 07/31/31<sup>(1)</sup> | 746250 | 734310 |
| OEG Borrower LLC, 7.19%, (3-Month SOFR + 3.50%), 06/30/31<sup>(1)</sup> | 1477500 | 1488581 |
| Osaic Holdings, Inc., 6.20%, (3-Month SOFR + 2.50%), 07/30/32<sup>(1)</sup> | 1250000 | 1251531 |

---

Schedule of Investments - Virtus Seix Senior Loan ETF (continued)

April 30, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Financials (continued)** |  |  |
| Superannuation & Investments US LLC, 6.15%, (1-Month SOFR + 2.50%), 12/01/28<sup>(1)</sup> | $651973 | $655132 |
| VFH Parent LLC, 6.15%, (1-Month SOFR + 2.50%), 06/21/31<sup>(1)</sup> | 694751 | 698225 |
| Total Financials |  | 31328533 |
| **Industrials – 9.5%** |  |  |
| AMG Critical Materials NV, 7.27%, (1-Month SOFR + 3.61%), 11/30/28<sup>(1)</sup> | 1344950 | 1356725 |
| Clue Opco LLC, 8.16%, (3-Month SOFR + 4.50%), 12/19/30<sup>(1)</sup> | 1308822 | 1303764 |
| Cobham Ultra SeniorCo Sarl, 7.79%, (6-Month SOFR + 4.18%), 08/03/29<sup>(1)</sup> | 710308 | 714527 |
| Columbus McKinnon Corp., 0.00%, (SOFR + 0.00%), 02/03/33<sup>(2)</sup> | 500000 | 501460 |
| Columbus McKinnon Corp., 7.20%, (3-Month SOFR + 3.50%), 02/03/33<sup>(1)</sup> | 618117 | 619922 |
| Creation Technologies, Inc., 9.44%, (3-Month SOFR + 5.76%), 10/05/28<sup>(1)</sup> | 1319940 | 1312522 |
| Dynamo US Bidco, Inc., 6.91%, (1-Month SOFR + 3.25%), 09/30/31<sup>(1)</sup> | 1480059 | 1328353 |
| Gibraltar Industries, Inc., 5.90%, (1-Month SOFR + 0.00%), 02/02/33<sup>(1)</sup> | 33542 | 33584 |
| Gibraltar Industries, Inc., 5.91%, (1-Month SOFR + 2.25%), 02/02/33<sup>(1)</sup> | 771458 | 772423 |
| HDI Aerospace Intermediate Holding III Corp., 7.42%, (3-Month SOFR + 3.75%), 02/11/32<sup>(1)</sup> | 1683000 | 1692812 |
| Jennmar Intermediate III LLC, 8.67%, (1-Month SOFR + 5.00%), 12/16/30<sup>(1)</sup> | 809938 | 803863 |
| LSF11 Trinity Bidco, Inc., 6.15%, (1-Month SOFR + 2.50%), 06/14/30<sup>(1)</sup> | 1500677 | 1504428 |
| Owens-Illinois Group, Inc., 6.65%, (1-Month SOFR + 3.00%), 09/30/32<sup>(1)</sup> | 1376550 | 1361064 |
| PAC Aviation International, Inc., 6.91%, (3-Month SOFR + 3.25%), 10/28/30<sup>(1)</sup> | 1197000 | 1187771 |
| Pregis TopCo LLC, 0.00%, (SOFR + 0.00%), 02/01/29<sup>(2)</sup> | 780000 | 781100 |
| Quikrete Holdings, Inc., 5.90%, (1-Month SOFR + 2.25%), 04/14/31<sup>(1)</sup> | 738027 | 739340 |
| Quikrete Holdings, Inc., 5.90%, (1-Month SOFR + 2.25%), 02/10/32<sup>(1)</sup> | 321750 | 322384 |
| Rand Parent LLC, 6.70%, (3-Month SOFR + 3.00%), 03/18/30<sup>(1)</sup> | 1770731 | 1780089 |
| Sword Purchases LLC, 7.65%, (1-Month SOFR + 4.00%), 04/11/33<sup>(1)</sup> | 1435000 | 1395537 |
| Tidal Waste & Recycling Holdings LLC, 6.45%, (3-Month SOFR + 2.75%), 10/24/31<sup>(1)</sup> | 1097230 | 1101054 |
| TransDigm, Inc., 6.15%, (1-Month SOFR + 2.50%), 08/19/32<sup>(1)</sup> | 940275 | 942941 |
| TransDigm, Inc., 0.00%, (SOFR + 0.00%), 02/10/33<sup>(1)</sup> | 1375000 | 1378829 |
| Total Industrials |  | 22934492 |

---

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Technology – 11.8%** |  |  |
| Ahead DB Holdings LLC, 6.20%, (3-Month SOFR + 2.50%), 02/01/31<sup>(1)</sup> | $950382 | $943848 |
| Bingo Holdings I LLC, 8.45%, (1-Month SOFR + 4.75%), 06/30/32<sup>(1)</sup> | 1048050 | 1039535 |
| Bingo Holdings I LLC, 8.45%, (3-Month SOFR + 4.75%), 06/30/32<sup>(1)</sup> | 136000 | 134895 |
| Boxer Parent Co., Inc., 6.67%, (3-Month SOFR + 3.00%), 07/30/31<sup>(1)</sup> | 1392965 | 1293424 |
| Calabrio, Inc., 7.67%, (3-Month SOFR + 4.00%), 11/26/32<sup>(1)</sup> | 1235000 | 975267 |
| Cloud Software Group, Inc., 6.95%, (3-Month SOFR + 3.25%), 03/21/31<sup>(1)</sup> | 725770 | 673380 |
| Cloud Software Group, Inc., 6.95%, (3-Month SOFR + 3.25%), 08/13/32<sup>(1)</sup> | 1455795 | 1350934 |
| Clover Holdings 2 LLC, 7.40%, (1-Month SOFR + 3.75%), 12/09/31<sup>(1)</sup> | 980100 | 956823 |
| Cyberswift BV, 7.68%, (3-Month SOFR + 4.00%), 10/08/32<sup>(1)</sup> | 1100000 | 1080288 |
| Darktrace Finco US LLC, 6.93%, (3-Month SOFR + 3.25%), 10/09/31<sup>(1)</sup> | 1301850 | 1227273 |
| Dayforce Bidco LLC, 6.66%, (3-Month SOFR + 3.00%), 02/04/33<sup>(1)</sup> | 595000 | 562796 |
| Finastra USA, Inc., 7.42%, (3-Month SOFR + 3.75%), 09/15/32<sup>(1)</sup> | 1590000 | 1518204 |
| Foundever Worldwide Corp., 7.71%, (3-Month SOFR + 4.01%), 08/28/28<sup>(1)</sup> | 488491 | 244245 |
| Indy US Holdco LLC, 5.90%, (1-Month SOFR + 2.25%), 10/31/30<sup>(1)</sup> | 1419275 | 1420162 |
| Inmar, Inc., 8.16%, (3-Month SOFR + 4.50%), 10/30/31<sup>(1)</sup> | 148016 | 141601 |
| Inmar, Inc., 8.20%, (3-Month SOFR + 0.00%), 10/30/31<sup>(1)</sup> | 131364 | 125671 |
| Inmar, Inc., 8.20%, (1-Month SOFR + 4.50%), 10/30/31<sup>(1)</sup> | 370039 | 354003 |
| Inmar, Inc., 8.20%, (3-Month SOFR + 4.50%), 10/30/31<sup>(1)</sup> | 277529 | 265502 |
| MaxLinear, Inc., 6.02%, (1-Month SOFR + 2.25%), 06/23/28<sup>(1)</sup> | 1201483 | 1192471 |
| Mermaid Bidco, Inc., 6.91%, (3-Month SOFR + 3.25%), 07/03/31<sup>(1)</sup> | 1850451 | 1815755 |
| Modena Buyer LLC, 7.91%, (3-Month SOFR + 4.25%), 07/01/31<sup>(1)</sup> | 993805 | 902017 |
| OAK-Eagle Acquireco, Inc., 0.00%, (SOFR + 0.00%), 03/24/33<sup>(1)</sup> | 1695000 | 1697542 |
| Perforce Software, Inc., 8.40%, (1-Month SOFR + 4.75%), 07/02/29<sup>(1)</sup> | 492457 | 319967 |
| Perforce Software, Inc., 8.40%, (1-Month SOFR + 4.75%), 03/21/31<sup>(1)</sup> | 491250 | 317932 |
| Pitney Bowes, Inc., 7.45%, (3-Month SOFR + 3.75%), 03/19/32<sup>(1)</sup> | 2979368 | 2978758 |
| Red Planet Borrower LLC, 7.65%, (1-Month SOFR + 4.00%), 09/08/32<sup>(1)</sup> | 618450 | 615599 |
| Synechron, Inc., 7.45%, (3-Month SOFR + 3.75%), 10/03/31<sup>(1)</sup> | 999950 | 924119 |
| team.blue Finco SARL, 6.95%, (3-Month SOFR + 3.25%), 07/12/32<sup>(1)</sup> | 611609 | 582050 |

---

Schedule of Investments - Virtus Seix Senior Loan ETF (continued)

April 30, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **TERM LOANS (continued)** | **TERM LOANS (continued)** | |
| **Technology (continued)** |  |  |
| Thryv, Inc., 0.00%, (SOFR + 0.00%), 05/01/29<sup>(2)</sup> | $695000 | $685878 |
| Thryv, Inc., 10.40%, (1-Month SOFR + 6.75%), 05/01/29<sup>(1)</sup> | 94500 | 93260 |
| UKG, Inc., 6.16%, (3-Month SOFR + 2.50%), 02/10/31<sup>(1)</sup> | 2126069 | 2055122 |
| Total Technology |  | 28488321 |
| **Utilities – 2.3%** |  |  |
| Eastern Power LLC, 8.40%, (1-Month SOFR + 4.75%), 04/03/29<sup>(1)</sup> | 1292310 | 1300251 |
| Hunterstown Generation LLC, 6.70%, (3-Month SOFR + 3.00%), 11/06/31<sup>(1)</sup> | 546833 | 549909 |
| Lackawanna Energy Center LLC, 0.00%, (SOFR + 0.00%), 08/05/32<sup>(2)</sup> | 1034647 | 1039820 |
| MRP Buyer LLC, 6.94%, (3-Month SOFR + 0.00%), 05/24/32<sup>(1)</sup> | 68603 | 68946 |
| MRP Buyer LLC, 6.95%, (3-Month SOFR + 3.25%), 05/24/32<sup>(1)</sup> | 1350472 | 1357224 |
| MRP Buyer LLC, 6.95%, (3-Month SOFR + 3.25%), 06/04/32<sup>(1)</sup> | 103619 | 104137 |
| Talen Energy Supply LLC, 6.15%, (3-Month SOFR + 2.50%), 05/17/30<sup>(1)</sup> | 268595 | 269839 |
| Talen Energy Supply LLC, 6.15%, (3-Month SOFR + 2.50%), 12/12/31<sup>(1)</sup> | 864063 | 868305 |
| Total Utilities |  | 5558431 |
| **Total Term Loans** |  |  |
| (Cost $222,314,797) |  | **219051229** |
| **CORPORATE BONDS – 3.2%** |  |  |
| **Communications – 0.6%** |  |  |
| Cable One, Inc., 4.00%, 11/15/30<sup>(5)</sup> | 720000 | 502627 |
| Gray Television, Inc., 4.75%, 10/15/30<sup>(6)</sup> | 300000 | 240408 |
| Stagwell Global LLC, 5.63%, 08/15/29<sup>(6)</sup> | 680000 | 647285 |
| Total Communications |  | 1390320 |
| **Consumer, Non-cyclical – 0.7%** |  |  |
| Emergent BioSolutions, Inc., 3.88%, 08/15/28<sup>(6)</sup> | 2000000 | 1781649 |
| **Energy – 0.9%** |  |  |
| Transocean International Ltd., 7.50%, 04/15/31 | 2000000 | 2061548 |
| **Industrials – 1.0%** |  |  |
| Weekley Homes LLC / Weekley Finance Corp., 6.75%, 01/15/34<sup>(6)</sup> | 2500000 | 2474334 |
| **Total Corporate Bonds** |  |  |
| (Cost $7,882,936) |  | **7707851** |
| **FOREIGN BONDS – 0.8%<sup>†</sup>** |  |  |
| **Basic Materials – 0.4%** |  |  |
| Consolidated Energy Finance SA, 12.00%, 02/15/31 (Switzerland)<sup>(6)</sup> | 840000 | 862050 |

---

---

| | | |
|:---|:---|:---|
| **Security Description**  | **Principal** | **Value** |
| **FOREIGN BONDS (continued)** | **FOREIGN BONDS (continued)** | |
| **Financials – 0.4%** |  |  |
| Phoenix Aviation Capital Ltd., 9.25%, 07/15/30 <br> (Ireland)<sup>(6)</sup> | $1000000 | $1021398 |
| **Total Foreign Bonds** |  |  |
| (Cost $1,882,529) |  | **1883448** |
| **ASSET BACKED SECURITY – 0.5%** |  |  |
| Mountain View CLO XVII Ltd., Class D2R, Series 2025-1A (Cayman Islands), 8.17%, (3-Month SOFR + 4.50%), 10/15/38<sup>(1)(6)</sup> | 1190000 | 1195341 |
| **Total Asset Backed Security** |  |  |
| (Cost $1,190,000) |  | **1195341** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **AFFILIATED EXCHANGE TRADED FUND - 0.2%** |  |  |
| **Debt Fund - 0.2%** |  |  |
| Virtus Seix AAA Private Credit CLO ETF | 24000 | **598200** |
| **Total Affiliated Exchange Traded Fund** |  |  |
| (Cost $600,240) |  | **598200** |
| **COMMON STOCKS - 0.0%<sup>(7)</sup>** |  |  |
| **Communications - 0.0%<sup>(7)</sup>** |  |  |
| Digital Media Solutions, Inc.\* <sup>(4)</sup> | 1585 | 10049 |
| **Financials - 0.0%<sup>(7)</sup>** |  |  |
| Altisource Portfolio Solutions SA\* | 403 | 2680 |
| **Total Common Stocks** |  |  |
| (Cost $64,094) |  | **12729** |
| **TOTAL INVESTMENTS - 95.1%** |  |  |
| (Cost $233,934,596) |  | **230448798** |
| Other Assets in Excess of Liabilities - 4.9% |  | 11793748 |
| **Net Assets - 100.0%** |  | $**242242546** |

---

---

| | |
|:---|:---|
| † | Principal disclosed in USD unless otherwise stated. |
| \* | Non-income producing security. |
| (1) | Variable rate instrument. The interest rate shown reflects the rate in effect at April 30, 2026. |
| (2) | The loan will settle after April 30, 2026, at which time the interest rate, calculated on the base lending rate and the agreed upon spread on trade date, will be reflected. |
| (3) | Security in default, no interest payments are being received. |
| (4) | Security valued at fair value as determined in good faith by or under the direction of the Trustees. This security is disclosed as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. |
| (5) | All or portion of this security is subject to unfunded loan commitments. |
| (6) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. Unless otherwise noted, 144A securities are deemed to be liquid. At April 30, 2026, the aggregate value of these securities was $8,725,092, or 3.6% of net assets. |
| (7) | Amount rounds to less than 0.05%. |

---

Schedule of Investments - Virtus Seix Senior Loan ETF (continued)

April 30, 2026 (unaudited)

---

| |
|:---|
| **Abbreviations:** |
| SOFR — Secured Overnight Financing Rate |

---

**Fair Value Measurements**

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. Level 2 includes observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. Level 3 includes unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table summarizes valuation of the Fund's investments under the fair value hierarchy levels as of April 30, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Asset Valuation Inputs** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term Loans | $— | $218864471 | $186758 | $219051229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds |  | 7707851 |  | 7707851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Bonds |  | 1883448 |  | 1883448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset Backed Security |  | 1195341 |  | 1195341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated Exchange Traded Fund | 598200 |  |  | 598200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 2680 |  | 10049 | 12729 |
| **Total** | $**600880** | $**229651111** | $**196807** | $**230448798** |

---

Some of the Fund's investments that were categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of Level 3 investments.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the rollforward of Level 3 securities and assumptions are not shown for the period ended April 30, 2026

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus ETF Trust II

- **b. Investment Company Act file number:** 811-23078

- **c. CIK number of Registrant:** 0001648403

- **d. LEI of Registrant:** 549300KNJ4HBWHIYD309

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

  - **Street Address 1:** 1540 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 1-888-383-0553

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

- **a. Name of Series:** Virtus Seix Senior Loan ETF

- **b. EDGAR series identifier (if any):** S000064735

- **c. LEI of Series:** 5493002FXOZ36VHY8T45

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

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

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $262546939.21

**Total Liabilities:** $20311369.53

**Net Assets:** $242235569.68

**Cash Not Reported:** $17939225.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** -452.11293690 | **30-Year:** -946.25381140

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -30054.80574000 | **10-Year:** -40705.11009000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209678 | -0.15%               | 0.43%                | 1.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-100531.52              | $-1677258.53                               |
| Month 2  | $27953.11                | $-329325.30                                |
| Month 3  | $93978.80                | $2062384.40                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Natgasoline LLC                                                        | NATGASOLIN 03/24/30                                                         | CUSIP: 63232EAD9<br>LEI: 549300OHXDYMQYZOWC24 | Long             | LON              | CORP              | US        |    901875 | PA      | $911642.31    | 0.38%             | 2030-03-29      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                                         | CONSOLIDATED E 11/07/30                                                     | CUSIP: 000000000<br>LEI: 549300PUNIS0USNSL750 | Long             | LON              | CORP              | US        |    618320 | PA      | $596969.47    | 0.25%             | 2030-11-15      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Rockpoint Gas Storage Partners LP                                      | ROCKPOINT GAS ST 09/18/31                                                   | CUSIP: 000000000<br>LEI: 549300ZXM0KTRM0NMI59 | Long             | LON              | CORP              | US        |    477125 | PA      | $479045.43    | 0.20%             | 2031-09-18      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| GBT US III LLC                                                         | GBT US II 07/25/31                                                          | CUSIP: 36154HAD2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1016305 | PA      | $1007864.36   | 0.42%             | 2031-07-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Turquoise Topco LTD                                                    | TRQ SALE 08/13/32                                                           | CUSIP: 89776TAB7<br>LEI: 254900RI25V4FBT02P38 | Long             | LON              | CORP              | US        |   1310000 | PA      | $1288712.50   | 0.53%             | 2032-12-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                  | QUIKRETE HLDG 04/14/31                                                      | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    738027 | PA      | $739340.34    | 0.31%             | 2031-04-14      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Perforce Software Inc                                                  | PERFORCE SOFTWAR 03/24/31                                                   | CUSIP: 71376GAJ0<br>LEI: 549300322GBMUSL1VG17 | Long             | LON              | CORP              | US        |    491250 | PA      | $317932.09    | 0.13%             | 2031-03-21      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Schweitzer-Mauduit International Inc                                   | Mativ (Schweitze 04/01/33                                                   | CUSIP: 80854EAK4<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |    690000 | PA      | $685687.50    | 0.28%             | 2033-03-30      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Jupiter Borrower, Inc.                                                 | JUPITER BORROWER INC                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1390000 | PA      | $1396950.00   | 0.58%             | 2033-03-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Traverse Midstream Partners LLC                                        | Traverse Midstream Term Loan B 225 2033-04-11                               | CUSIP: 89435TAH7<br>LEI: 549300DHTM8B2X5QMJ22 | Long             | LON              | CORP              | US        |    770000 | PA      | $772167.55    | 0.32%             | 2033-04-21      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Sazerac Company, Inc.                                                  | SAZERAC C 07/09/32                                                          | CUSIP: 80583EAP1<br>LEI: 9QU0CG1O4LSOB6IFK895 | Long             | LON              | CORP              | US        |    728175 | PA      | $728630.11    | 0.30%             | 2032-07-09      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings Inc                                              | PRIMO BRANDS 03/18/31                                                       | CUSIP: 89678QAF3<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    635000 | PA      | $639737.10    | 0.26%             | 2031-03-31      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Autokiniton US Holdings Inc                                            | AUTOKINITON US H 04/06/28                                                   | CUSIP: 05278HAC0<br>LEI: 254900EHNKMJ1OSEZL85 | Long             | LON              | CORP              | US        |   1711791 | PA      | $1696632.79   | 0.70%             | 2028-04-06      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC                                                  | JANE STR GROU 12/11/31                                                      | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |    476542 | PA      | $476304.04    | 0.20%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Ineos Quattro Holdings UK Limited                                      | INEOS QUATTRO HL 10/01/31                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1093950 | PA      | $966324.32    | 0.40%             | 2031-10-07      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Bingo Holdings I, LLC                                                  | BINGO HLDGS 06/30/32                                                        | CUSIP: 09081AAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    136000 | PA      | $134894.99    | 0.06%             | 2032-06-30      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Bingo Holdings I, LLC                                                  | BINGO HLDGS 06/30/32                                                        | CUSIP: 09081AAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1048050 | PA      | $1039534.60   | 0.43%             | 2032-06-30      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Inmar Inc                                                              | INMA 10/30/31                                                               | CUSIP: 45763FAV0<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    131364 | PA      | $125670.93    | 0.05%             | 2031-10-30      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Soliant Lower Intermediate LLC                                         | SOLIANT LOWER IN 06/20/31                                                   | CUSIP: 83421EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1276747 | PA      | $966605.78    | 0.40%             | 2031-07-18      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Nourish Buyer I, Inc.                                                  | NOURISH BUYER 07/09/32                                                      | CUSIP: 66979CAK7<br>LEI: 254900WHHUSAU0TJQB23 | Long             | LON              | CORP              | US        |    633688 | PA      | $639232.27    | 0.26%             | 2032-07-09      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Chemours Company (The)                                                 | Chemou 10/15/32                                                             | CUSIP: 16384YAM9<br>LEI: 549300M1BOLNXL8DOV14 | Long             | LON              | CORP              | US        |   1287318 | PA      | $1286674.82   | 0.53%             | 2032-10-15      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Viasat Inc                                                             | VIASA 05/30/30                                                              | CUSIP: 92555WAF2<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |    914207 | PA      | $918106.12    | 0.38%             | 2030-05-30      | Floating      | 8.27%                 | No            |                  2 | On Loan: No      |
| AMG Advanced Metallurgical Group NV                                    | AMG Advanced Met 11/30/28                                                   | CUSIP: 000000000<br>LEI: 5493006MN6OH67U2YI74 | Long             | LON              | CORP              | US        |    956333 | PA      | $964705.74    | 0.40%             | 2028-11-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Third Coast Infrastructure LLC                                         | THIRD COAST INFRASTRUCTURE LLC                                              | CUSIP: 88412KAE2<br>LEI: 5493006R4EN78GPJ4M96 | Long             | LON              | CORP              | US        |   1500000 | PA      | $1509375.00   | 0.62%             | 2030-09-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Select Medical Corp                                                    | Select Medical Term Loan B (Incremental) 300 2031-12-01                     | CUSIP: 816194AZ7<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |    650000 | PA      | $653250.00    | 0.27%             | 2031-12-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Priority Holdings LLC                                                  | PRIORITY HLDG 07/30/32                                                      | CUSIP: 74275TAH2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1840013 | PA      | $1790792.74   | 0.74%             | 2032-07-30      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Virtus ETF Trust II                                                    | Virtus Seix AAA Private Credit CLO ETF                                      | CUSIP: 92790A850<br>LEI: 529900PV11N8CFOZUS23 | Long             | EC               | RF                | US        |     24000 | NS      | $598200.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Varsity Brands, Inc.                                                   | Varsity Brand 08/26/31                                                      | CUSIP: 92227QAG1<br>LEI: 254900PLBJA0I5NSTT38 | Long             | LON              | CORP              | US        |    992512 | PA      | $992140.31    | 0.41%             | 2031-08-26      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| DIGITAL MEDIA SOLUTIONS                                                | DIGITAL MEDIA SOLUTIONS                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1585 | NS      | $10048.90     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Clover Holdings 2, LLC                                                 | CLOVER HLDGS 11/01/31                                                       | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    980100 | PA      | $956822.63    | 0.39%             | 2031-12-09      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (Us) LLC                                | ALLWYN ENTERTAINMENT FINANCING US LLC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    169575 | PA      | $166537.06    | 0.07%             | 2031-06-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                         | Sabre GLB 07/30/29                                                          | CUSIP: 78571YBM1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |   1388650 | PA      | $1144594.38   | 0.47%             | 2029-07-30      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Vantor Holdings Inc.                                                   | GALILEO PAREN 02/25/33                                                      | CUSIP: 000000000<br>LEI: 254900XMZ2ZZ33TF4651 | Long             | LON              | CORP              | US        |   1565000 | PA      | $1566964.08   | 0.65%             | 2033-03-03      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                                          | CABO 4 11/15/30 144A                                                        | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    720000 | PA      | $502627.54    | 0.21%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                         | Sabr 11/15/29                                                               | CUSIP: 78571YBL3<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    290199 | PA      | $238417.13    | 0.10%             | 2029-11-15      | Floating      | 9.75%                 | No            |                  2 | On Loan: No      |
| AMG Advanced Metallurgical Group NV                                    | AMG Advanced Met 11/30/28                                                   | CUSIP: 000000000<br>LEI: 5493006MN6OH67U2YI74 | Long             | LON              | CORP              | US        |    388617 | PA      | $392019.56    | 0.16%             | 2028-11-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| Oravel Stays Private Limited                                           | ORAVEL STAYS SIN 12/20/29                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    765850 | PA      | $784517.11    | 0.32%             | 2029-12-20      | Floating      | 11.71%                | No            |                  2 | On Loan: No      |
| HUNTERSTOWN GENERATION LLC                                             | KESTREL ACQUISIT 11/06/31                                                   | CUSIP: 44579UAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    546833 | PA      | $549908.57    | 0.23%             | 2031-11-06      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Oravel Stays Private Limited                                           | ORAVEL STAYS SIN 12/20/29                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1217329 | PA      | $1247001.06   | 0.51%             | 2029-12-20      | Floating      | 11.71%                | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                               | CLOUD SOFTWARE G 08/13/32                                                   | CUSIP: 88632NBL3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |      3658 | PA      | $3394.31      | 0.00%             | 2032-08-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                               | CLOUD SOFTWARE G 08/13/32                                                   | CUSIP: 88632NBL3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |   1452137 | PA      | $1347539.70   | 0.56%             | 2032-08-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Dayforce Bidco, LLC                                                    | DAWN BIDC 10/07/32                                                          | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    595000 | PA      | $562795.63    | 0.23%             | 2033-02-04      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Ahead DB Holdings LLC                                                  | AHEAD DB HLDG 02/01/31                                                      | CUSIP: 00866HAH8<br>LEI: 254900L07WFL833JX193 | Long             | LON              | CORP              | US        |    950382 | PA      | $943848.06    | 0.39%             | 2031-02-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Team Health Holdings, Inc.                                             | Team Health Hldg 06/30/28                                                   | CUSIP: 87817JAJ7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |   1176127 | PA      | $1179344.02   | 0.49%             | 2028-06-30      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| Wasserman Media Group, LLC                                             | WASSERMAN MEDIA 06/23/32                                                    | CUSIP: 94105CAN0<br>LEI: 549300F1FIWM51N74V39 | Long             | LON              | CORP              | US        |    668325 | PA      | $668883.05    | 0.28%             | 2032-06-23      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Calabrio/Verint                                                        | CALABRI 10/25/32                                                            | CUSIP: 12804VAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1235000 | PA      | $975267.15    | 0.40%             | 2032-11-26      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                  | QUIKRETE HLDG 02/10/32                                                      | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    321750 | PA      | $322383.85    | 0.13%             | 2032-02-10      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Franklin Square Holdings LP                                            | FRANKLIN SQUARE 04/18/31                                                    | CUSIP: 30259HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1715608 | PA      | $1595515.69   | 0.66%             | 2031-04-25      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| ARC Falcon I Inc                                                       | ARC FALCON 04/01/33                                                         | CUSIP: 03880YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2110000 | PA      | $1983400.00   | 0.82%             | 2033-04-01      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                            | ASURIO 09/13/30                                                             | CUSIP: 04649VBD1<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1700535 | PA      | $1704641.43   | 0.70%             | 2030-09-19      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| WH Borrower LLC                                                        | WH BORROWE 02/17/32                                                         | CUSIP: 92942LAG6<br>LEI: 2549009H920CQUE3R944 | Long             | LON              | CORP              | US        |   1935114 | PA      | $1940261.42   | 0.80%             | 2032-02-20      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| WH Borrower LLC                                                        | WH BORROWE 02/20/32                                                         | CUSIP: 000000000<br>LEI: 2549009H920CQUE3R944 | Long             | LON              | CORP              | US        |    412020 | PA      | $413115.87    | 0.17%             | 2032-02-20      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Oeg Borrower, LLC                                                      | OEG BORROWE 06/25/31                                                        | CUSIP: 67115HAG8<br>LEI: 254900UUVX9EYPUMP391 | Long             | LON              | CORP              | US        |   1477500 | PA      | $1488581.25   | 0.61%             | 2031-06-30      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Cobham Ultra Seniorco S.A R.L.                                         | COBHAM (AI CONVO 11/17/28                                                   | CUSIP: 000000000<br>LEI: 254900L6IKLPZKIC4F32 | Long             | LON              | CORP              | US        |    710308 | PA      | $714526.74    | 0.29%             | 2029-08-03      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL LTD                                           | PHOAVI 9.25 07/15/30 144A                                                   | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1021398.00   | 0.42%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VFH Parent LLC                                                         | VFH PAREN 06/21/31                                                          | CUSIP: 91820UAV2<br>LEI: 549300FRO9M476YHHY64 | Long             | LON              | CORP              | US        |    694751 | PA      | $698224.57    | 0.29%             | 2031-06-21      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Ensono LP                                                              | ENSONO 05/20/28                                                             | CUSIP: 29359DAB3<br>LEI: 5493003GTMBHX0VZAW67 | Long             | LON              | CORP              | US        |   1144180 | PA      | $1105248.82   | 0.46%             | 2028-05-26      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| EIG Management Company LLC                                             | EIG MGMT C 05/14/29                                                         | CUSIP: 26858HAD2<br>LEI: 5493007EDFEL0IR8BD89 | Long             | LON              | CORP              | US        |    424625 | PA      | $422767.27    | 0.17%             | 2029-05-17      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| Cable One Inc                                                          | Cable On 05/03/28                                                           | CUSIP: 12685LAG5<br>LEI: 549300648QS85T0XSH18 | Long             | LON              | CORP              | US        |    373578 | PA      | $354783.21    | 0.15%             | 2028-05-03      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Finco I LLC                                                            | FINCO 06/27/29                                                              | CUSIP: 31774BAH7<br>LEI: 5493001RSEZ0X6VJMC68 | Long             | LON              | CORP              | US        |    784595 | PA      | $784802.72    | 0.32%             | 2029-06-27      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition I Co                                            | CAMELOT US ACQUI 01/31/31                                                   | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |    188771 | PA      | $177739.03    | 0.07%             | 2031-01-31      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Aretec Group Inc                                                       | ARETEC GROU 08/09/30                                                        | CUSIP: 04009DAJ3<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |   1246875 | PA      | $1251195.42   | 0.52%             | 2030-08-09      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition I Co                                            | CAMELOT US ACQUI 01/31/31                                                   | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |     17260 | PA      | $16251.11     | 0.01%             | 2031-01-31      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition I Co                                            | CAMELOT US ACQUI 01/31/31                                                   | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |    813969 | PA      | $766401.07    | 0.32%             | 2031-01-31      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Jupiter Buyer Inc                                                      | JUPITER BUYE 11/01/31                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1147103 | PA      | $1153555.73   | 0.48%             | 2031-11-01      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| NAB Holdings LLC                                                       | NAB HLDG 11/24/28                                                           | CUSIP: 66345FAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1019694 | PA      | $955330.46    | 0.39%             | 2028-11-24      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Voyage Digital (Nz) Limited                                            | VOYAGE DIGITAL N 05/11/29                                                   | CUSIP: 000000000<br>LEI: 984500E641C3F2A8E121 | Long             | LON              | CORP              | US        |    489286 | PA      | $491324.20    | 0.20%             | 2029-05-11      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Inmar Inc                                                              | Inma 10/30/31                                                               | CUSIP: 45763FAV0<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    370039 | PA      | $354003.11    | 0.15%             | 2031-10-30      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Catawba Nation Gaming Authority                                        | CATAWBA NATION GAMING AUTHORITY                                             | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    155000 | PA      | $156085.78    | 0.06%             | 2032-03-29      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| HDI Aerospace Intermediate Holding Iii Corporation                     | HDI AEROSPACE IN 02/11/32                                                   | CUSIP: 40415WAB0<br>LEI: 254900LKRYAGKIYOHW04 | Long             | LON              | CORP              | US        |   1683000 | PA      | $1692811.89   | 0.70%             | 2032-02-11      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Team Blue Finco Sarl                                                   | teamblue Finco 07/12/32                                                     | CUSIP: 000000000<br>LEI: 549300DR8PIYMOZ4YU85 | Long             | LON              | CORP              | US        |    611609 | PA      | $582050.34    | 0.24%             | 2032-07-12      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Digital Media Solutions LLC                                            | DIGITAL MEDIA SO 04/26/28                                                   | CUSIP: 25401HAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    416979 | PA      | $0.00         | 0.00%             | 2026-05-25      | Floating      | 15.43%                | No            |                  3 | On Loan: No      |
| Nexus Buyer LLC                                                        | NEXUS BUYE 07/31/31                                                         | CUSIP: 65343UAH5<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    809692 | PA      | $795441.48    | 0.33%             | 2031-07-31      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Ineos US Finance LLC                                                   | Ineos US Fi 02/07/31                                                        | CUSIP: 000000000<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |   2182306 | PA      | $2027722.14   | 0.84%             | 2031-02-07      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                                          | Hologic, Inc. Term Loan B 225 2033-01-04                                    | CUSIP: 43644ABL2<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | LON              | CORP              | US        |    250000 | PA      | $248907.50    | 0.10%             | 2033-04-07      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| HighTower Holding LLC                                                  | HIGHTOWER HLDG 02/03/32                                                     | CUSIP: 43117LAP8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |   1130938 | PA      | $1131650.87   | 0.47%             | 2032-02-03      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC(f/k/a White Cap Buyer LLC)               | White Cap (Apple 02/06/33                                                   | CUSIP: 96350TAK6<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    940000 | PA      | $934712.50    | 0.39%             | 2033-02-10      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Prometric Holdings Inc                                                 | PROMETRIC HLDG 06/25/32                                                     | CUSIP: 80358TAG1<br>LEI: 54930034OH1XQT27TX40 | Long             | LON              | CORP              | US        |    666650 | PA      | $667586.64    | 0.28%             | 2032-06-25      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| MaxLinear Inc                                                          | MaxLinea 06/23/28                                                           | CUSIP: 57776UAH8<br>LEI: 549300EMOI0SM2IY4F64 | Long             | LON              | CORP              | US        |   1201483 | PA      | $1192471.55   | 0.49%             | 2028-06-23      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| CWGS Group LLC                                                         | Camping World Term Loan B 250 2028-05-10                                    | CUSIP: 12670UAE7<br>LEI: 254900FU20N3SJ8BIA66 | Long             | LON              | CORP              | US        |    310000 | PA      | $295972.50    | 0.12%             | 2028-06-03      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco Inc                                                      | MERMAID BIDC 07/03/31                                                       | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |   1850451 | PA      | $1815754.67   | 0.75%             | 2031-07-03      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Lendingtree Inc                                                        | LendingTre 08/15/30                                                         | CUSIP: 52602KAE8<br>LEI: 549300ISY5YHUJZTON08 | Long             | LON              | CORP              | US        |   2014875 | PA      | $1991361.41   | 0.82%             | 2030-08-21      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Cyberswift US Finco, LLC                                               | NORD SE 10/08/32                                                            | CUSIP: 000000000<br>LEI: 9845008473F79E3H9069 | Long             | LON              | CORP              | US        |   1100000 | PA      | $1080288.00   | 0.45%             | 2032-10-08      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| Glatfelter Corporation                                                 | Glatfelter 09/19/31                                                         | CUSIP: 89458XAB3<br>LEI: 549300LDQLQBT38QDY28 | Long             | LON              | CORP              | US        |   1574053 | PA      | $1519747.74   | 0.63%             | 2031-11-04      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Summer (BC) Bidco B LLC                                                | Kantar 2/24 Ext 02/05/29                                                    | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | LON              | CORP              | US        |   1389146 | PA      | $1181204.44   | 0.49%             | 2029-02-15      | Floating      | 8.96%                 | No            |                  2 | On Loan: No      |
| Ineos Finance PLC                                                      | Ineos US Fi 02/18/30                                                        | CUSIP: 000000000<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |   1809938 | PA      | $1690029.14   | 0.70%             | 2030-02-19      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Voyager Parent, LLC                                                    | IGTs Gaming & Digital business/Everi Term Loan B 425 2032-07-01             | CUSIP: 92921HAD7<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |    305000 | PA      | $305480.38    | 0.13%             | 2032-07-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Victra Holdings LLC aka LSF9 Atlantis Holdings LLC                     | LSF9 ATLANTIS HL 03/30/29                                                   | CUSIP: 50226BAN8<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | LON              | CORP              | US        |   1781684 | PA      | $1772775.32   | 0.73%             | 2029-03-29      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| MRP Buyer LLC                                                          | MRP BUYE 05/24/32                                                           | CUSIP: 55351DAB6<br>LEI: 254900P4JAIDEHZ3O147 | Long             | LON              | CORP              | US        |   1350472 | PA      | $1357224.12   | 0.56%             | 2032-05-24      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Inmar Inc                                                              | Inma 10/30/31                                                               | CUSIP: 45763FAV0<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    148016 | PA      | $141601.26    | 0.06%             | 2031-10-30      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Bayonne Energy Center, LLC                                             | BAYONNE ENERGY C 10/01/32                                                   | CUSIP: 07288VAF6<br>LEI: 54930011FOZUNGHGHM74 | Long             | LON              | CORP              | US        |    863328 | PA      | $865127.55    | 0.36%             | 2032-09-22      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Lackawanna Energy Center LLC                                           | LACKAWANNA ENERGY CENTER                                                    | CUSIP: 000000000<br>LEI: 549300IW2LJBNY42EC59 | Long             | LON              | CORP              | US        |   1034647 | PA      | $1039820.05   | 0.43%             | 2032-08-05      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Coral US Co-Borrower LLC                                               | CORAL-US CO-BORR 01/30/32                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1070000 | PA      | $1069775.30   | 0.44%             | 2032-01-31      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Crown Subsea Communications Holding Inc                                | Crown Subsea Com 01/30/31                                                   | CUSIP: 22860EAL6<br>LEI: 5493003AYLUE132FIO27 | Long             | LON              | CORP              | US        |    891000 | PA      | $898332.93    | 0.37%             | 2031-01-30      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Finastra Usa, Inc.                                                     | FINASTRA US 07/30/32                                                        | CUSIP: 31772YAD8<br>LEI: 549300ZB2RO6QC7YTK71 | Long             | LON              | CORP              | US        |   1590000 | PA      | $1518203.55   | 0.63%             | 2032-09-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| AP Core Holdings II LLC                                                | AP CORE HLDGS I 09/01/27                                                    | CUSIP: 00187GAC3<br>LEI: 549300PND8ZZ4RWYRZ56 | Long             | LON              | CORP              | US        |    290557 | PA      | $285783.25    | 0.12%             | 2027-09-01      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| Transdigm Inc                                                          | TransDigm Term Loan N 250 2033-02-07                                        | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   1375000 | PA      | $1378829.38   | 0.57%             | 2033-02-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                            | ASURIO 09/19/30                                                             | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   2205031 | PA      | $2208966.75   | 0.91%             | 2030-09-19      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                  | LEVEL 3 Fin 03/29/32                                                        | CUSIP: 52729KAU0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |   2210000 | PA      | $2220254.40   | 0.92%             | 2032-03-29      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                | UK 02/10/31                                                                 | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |   2126069 | PA      | $2055121.82   | 0.85%             | 2031-02-10      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Inmar Inc                                                              | Inma 10/30/31                                                               | CUSIP: 45763FAV0<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    277529 | PA      | $265502.34    | 0.11%             | 2031-10-30      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                                       | MODENA BUYE 07/01/31                                                        | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    993805 | PA      | $902017.44    | 0.37%             | 2031-07-01      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Dynamo Us Bidco Inc.                                                   | DYNAMO US BIDC 09/30/31                                                     | CUSIP: 26806DAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1480059 | PA      | $1328353.22   | 0.55%             | 2031-09-30      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Goodnight Water Solutions Holdings, LLC                                | GOODNIGHT WATER 06/04/29                                                    | CUSIP: 38238YAC3<br>LEI: 254900CZJ6KUEVU9QV27 | Long             | LON              | CORP              | US        |   2399483 | PA      | $2411480.85   | 1.00%             | 2029-06-04      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Synechron Holdings Inc                                                 | SYNECHRO 09/26/31                                                           | CUSIP: 87168HAE7<br>LEI: 549300MUU3E8J6UT8E60 | Long             | LON              | CORP              | US        |    999950 | PA      | $924118.55    | 0.38%             | 2031-10-03      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Vestis Corporation                                                     | VESTIS 02/22/31                                                             | CUSIP: 92550HAE3<br>LEI: 254900QDW0TA2TMFAP59 | Long             | LON              | CORP              | US        |   1618074 | PA      | $1585211.09   | 0.65%             | 2031-02-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Freeport LNG Investments, LLP                                          | Freeport LNG Investments Term Loan B 325 2033-01-18                         | CUSIP: 35670CAE8<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    620000 | PA      | $621745.30    | 0.26%             | 2033-02-11      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Albion Financing 3 SARL                                                | Albion Fing 3 05/21/31                                                      | CUSIP: 01330EAD0<br>LEI: 259400QTZA08U7DIP580 | Long             | LON              | CORP              | US        |    822927 | PA      | $827967.57    | 0.34%             | 2031-05-21      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Freeport LNG Investments, LLP                                          | FREEPORT LNG Inv 01/29/33                                                   | CUSIP: 35670CAE8<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    805000 | PA      | $807266.08    | 0.33%             | 2033-02-11      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Magnite Inc                                                            | MAGNIT 02/06/31                                                             | CUSIP: 55955NAG3<br>LEI: 54930018FR2YX1HHSB02 | Long             | LON              | CORP              | US        |   1607724 | PA      | $1592451.01   | 0.66%             | 2031-02-06      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Tory Burch LLC                                                         | TORY BURCH LLC                                                              | CUSIP: 000000000<br>LEI: 549300GGL74W33KY2650 | Long             | LON              | CORP              | US        |    775000 | PA      | $770640.63    | 0.32%             | 2031-04-18      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ahlstrom Holding 3 Oy fka Spa Holdings 3                               | AhlstromMunksjo 02/04/28                                                    | CUSIP: 000000000<br>LEI: 254900HXD0I72WZYIT06 | Long             | LON              | CORP              | US        |    689353 | PA      | $686768.18    | 0.28%             | 2028-02-04      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| Par Petroleum LLC                                                      | PAR PETROLEU 02/28/30                                                       | CUSIP: 69889PAF2<br>LEI: 984500CCF05C2FB39F45 | Long             | LON              | CORP              | US        |   1334705 | PA      | $1339916.65   | 0.55%             | 2030-02-28      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Digital Media Solutions Inc                                            | DIGITAL MEDIA SO 12/10/24                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     37454 | PA      | $0.00         | 0.00%             | 2026-05-25      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Hologic, Inc.                                                          | Hologi 01/14/33                                                             | CUSIP: 43644ABL2<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | LON              | CORP              | US        |   1225000 | PA      | $1219646.75   | 0.50%             | 2033-04-07      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                                                  | SAVOR ACQUISITIO 02/17/32                                                   | CUSIP: 80536AAC6<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     68534 | PA      | $68877.16     | 0.03%             | 2032-02-19      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNATIONAL LTD                                           | RIG 7.5 04/15/31                                                            | CUSIP: 893830AF6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   2000000 | PA      | $2061548.00   | 0.85%             | 2031-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust Inc                                          | Blackstone Mtg T 05/09/29                                                   | CUSIP: 09259GAJ2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    199257 | PA      | $200253.35    | 0.08%             | 2029-05-09      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| A-Ag Us Gsi Bidco, Inc.                                                | AAG US GSI BIDC 10/08/31                                                    | CUSIP: 00033RAB7<br>LEI: 25490004WTN5CN5TXD48 | Long             | LON              | CORP              | US        |   1128600 | PA      | $1134243.00   | 0.47%             | 2031-10-31      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                                                  | SAVOR ACQUISITIO 02/04/32                                                   | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |    721017 | PA      | $724622.12    | 0.30%             | 2032-02-19      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| JENNMAR INTERMEDIATE III, LLC                                          | JENNMAR INTER II 12/12/30                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    809938 | PA      | $803862.97    | 0.33%             | 2030-12-16      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                        | NEXUS BUYE 07/31/31                                                         | CUSIP: 65343UAJ1<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    746250 | PA      | $734310.00    | 0.30%             | 2031-07-31      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| LifePoint Health Inc                                                   | LIFEPOINT H 05/16/31                                                        | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   2665559 | PA      | $2658068.58   | 1.10%             | 2031-05-16      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                | Talen Energy Sup 12/11/31                                                   | CUSIP: 87422LAY6<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    864062 | PA      | $868305.05    | 0.36%             | 2031-12-12      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Wash Multifamily Parent, Inc.                                          | WASH BIDC 09/10/32                                                          | CUSIP: 93710RAB2<br>LEI: 254900VX9ZQVIOW7QI08 | Long             | LON              | CORP              | US        |    840000 | PA      | $844464.60    | 0.35%             | 2032-09-10      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Catawba Nation Gaming Authority                                        | Catawba Nation G 12/16/31                                                   | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1035000 | PA      | $1042250.18   | 0.43%             | 2032-03-29      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Deep Blue Operating I LLC                                              | DEEP BLUE OPER 10/01/32                                                     | CUSIP: 24369TAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    690000 | PA      | $694312.50    | 0.29%             | 2032-10-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc | GC FERRY ACQUISI 06/04/32                                                   | CUSIP: 32009UAE7<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    229688 | PA      | $229432.55    | 0.09%             | 2032-08-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Superannuation and Investments US LLC                                  | SUPERANNUATION I 12/01/28                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    651973 | PA      | $655132.07    | 0.27%             | 2028-12-01      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| First Eagle Holdings Inc-f/k/a Arnhold and S. Bleicroeder Holdings Inc | GC FERRY ACQUISI 06/04/32                                                   | CUSIP: 32009UAD9<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |   1341949 | PA      | $1340459.66   | 0.55%             | 2032-08-16      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Pac Dac LLC                                                            | PAC DA 10/27/30                                                             | CUSIP: 69450PAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1197000 | PA      | $1187771.13   | 0.49%             | 2030-10-28      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Pregis Topco LLC                                                       | Pregis Term Loan B 400 2029-02-01                                           | CUSIP: 74045BAG2<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |    780000 | PA      | $781099.80    | 0.32%             | 2029-02-01      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ion Platform Finance Us, Inc.                                          | ION Platform Term Loan B 375 2032-09-16                                     | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |     85000 | PA      | $68394.40     | 0.03%             | 2032-10-07      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Telenet Financing USD LLC                                              | Telenet 04/30/28                                                            | CUSIP: 000000000<br>LEI: 213800BMPOX34U6DWN81 | Long             | LON              | CORP              | US        |   1730000 | PA      | $1724109.35   | 0.71%             | 2028-04-28      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| CFC Bidco 2022 Limited                                                 | CFC BIDCO 202 07/01/32                                                      | CUSIP: 12531JAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1112212 | PA      | $1077455.86   | 0.44%             | 2032-07-01      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| Cogeco Communications Finance (USA) LP                                 | ATLANTIC BROADBA 09/15/30                                                   | CUSIP: 19239BAD0<br>LEI: 549300UVJTPYOZ6XKH79 | Long             | LON              | CORP              | US        |   1169873 | PA      | $1111589.84   | 0.46%             | 2030-09-18      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Froneri International Limited                                          | FRONERI U 08/02/32                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    460696 | PA      | $458224.74    | 0.19%             | 2032-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                                             | PLASTIPAK TLB 10/20/28                                                      | CUSIP: 76133MAC5<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |   1013121 | PA      | $1005162.49   | 0.41%             | 2028-10-20      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Froneri International Limited                                          | FRONERI U 08/02/32                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    198937 | PA      | $197869.78    | 0.08%             | 2032-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Neptune Bidco Us Inc.                                                  | NEPTUNE BIDCO U 01/28/33                                                    | CUSIP: 64069JAK8<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |   1900000 | PA      | $1864498.50   | 0.77%             | 2033-02-03      | Floating      | 8.77%                 | No            |                  2 | On Loan: No      |
| Zacapa Sarl                                                            | Zacapa 03/22/29                                                             | CUSIP: 000000000<br>LEI: 213800VIVQIJLORBU468 | Long             | LON              | CORP              | US        |   3440407 | PA      | $3455459.00   | 1.43%             | 2029-03-22      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| TripAdvisor Inc                                                        | TripAdviso 07/01/31                                                         | CUSIP: 89677NAE4<br>LEI: 549300XVG45PT5BART17 | Long             | LON              | CORP              | US        |    847331 | PA      | $796067.72    | 0.33%             | 2031-07-08      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Jump Financial LLC                                                     | JUMP FIN 02/26/32                                                           | CUSIP: 48138UAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    992512 | PA      | $997475.06    | 0.41%             | 2032-02-26      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Froneri International Limited                                          | FRONERI U 08/02/32                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    268042 | PA      | $266603.50    | 0.11%             | 2032-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                      | NEXSTAR MEDI 03/18/33                                                       | CUSIP: 65336RBF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1335000 | PA      | $1335734.25   | 0.55%             | 2033-03-18      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Schweitzer-Mauduit International Inc                                   | Mativ (fka Schweitzer-Mauduit) Term Loan B 450 2033-03-16                   | CUSIP: 80854EAK4<br>LEI: 549300Z1FU4IDULG1R21 | Long             | LON              | CORP              | US        |    310000 | PA      | $308062.50    | 0.13%             | 2033-03-30      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Nielsen Consumer Inc                                                   | NIELSEN CONSUME 10/31/30                                                    | CUSIP: 45674PAS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    711880 | PA      | $712325.28    | 0.29%             | 2030-10-31      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Nielsen Consumer Inc                                                   | NIELSEN CONSUME 10/31/30                                                    | CUSIP: 45674PAS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    707395 | PA      | $707836.77    | 0.29%             | 2030-10-31      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| DirectV Financing LLC                                                  | DIRECTV FIN 02/15/31                                                        | CUSIP: 25460HAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    445798 | PA      | $447289.07    | 0.18%             | 2031-02-17      | Floating      | 9.16%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                                               | VIRGIN MEDIA BRI 02/27/31                                                   | CUSIP: 000000000<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |   1900000 | PA      | $1782637.00   | 0.74%             | 2031-03-31      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Bakelite US Holdco Inc                                                 | BAKELITE US HOLD 12/16/31                                                   | CUSIP: 05710LAD5<br>LEI: 549300UCYL2XSFT5Y041 | Long             | LON              | CORP              | US        |   1742938 | PA      | $1689568.75   | 0.70%             | 2031-12-23      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (Us) LLC                                | Allwyn International Term Loan B (Incremental) 250 2032-10-25               | CUSIP: 02008EAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    435000 | PA      | $430854.45    | 0.18%             | 2032-11-24      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                         | CONSEN 12 02/15/31 144A                                                     | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    840000 | PA      | $862050.00    | 0.36%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC                                                      | WEEKHM 6.75 01/15/34 144A                                                   | CUSIP: 948565AF3<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2474334.00   | 1.02%             | 2034-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DRW Holdings LLC                                                       | DRW HLDG 06/17/31                                                           | CUSIP: 23343HAE0<br>LEI: 549300W696CUHX8SLK40 | Long             | LON              | CORP              | US        |   2045150 | PA      | $2032367.81   | 0.84%             | 2031-06-26      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Tidal Waste & Recycling Holdings LLC                                   | TIDAL WASTE RECY 10/24/31                                                   | CUSIP: 88636PAK7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1097230 | PA      | $1101054.27   | 0.45%             | 2031-10-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Primary Products Finance LLC                                           | Prim Prods Fi 04/01/29                                                      | CUSIP: 74167NAE3<br>LEI: 549300D4W5WVUVR3LC81 | Long             | LON              | CORP              | US        |    974688 | PA      | $974444.43    | 0.40%             | 2029-04-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| West Deptford Energy Holdings                                          | WEST DEPTFORD EN 07/24/32                                                   | CUSIP: 95249CAF1<br>LEI: 549300HOEW2V8L64EU07 | Long             | LON              | CORP              | US        |    959753 | PA      | $959354.84    | 0.40%             | 2032-07-23      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| First Advantage Holdings LLC                                           | FIRST ADVA 10/31/31                                                         | CUSIP: 78477MAH4<br>LEI: 549300MRQE5MQEH3BI02 | Long             | LON              | CORP              | US        |   1819559 | PA      | $1799661.76   | 0.74%             | 2031-10-31      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| MRP Buyer LLC                                                          | MRP BUYE 05/24/32                                                           | CUSIP: 55351DAC4<br>LEI: 254900P4JAIDEHZ3O147 | Long             | LON              | CORP              | US        |    103619 | PA      | $104136.75    | 0.04%             | 2032-06-04      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Treehouse Foods Inc                                                    | TreeHouse Foods Term Loan B 425 2033-01-19                                  | CUSIP: 89468XAX3<br>LEI: 5493007M7EVHE470Q576 | Long             | LON              | CORP              | US        |    330000 | PA      | $333146.55    | 0.14%             | 2033-02-04      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc                                           | Univision Communications/Televisa Term Loan B (Incremental) 350 2029-01-01  | CUSIP: 914908BG2<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |   1296701 | PA      | $1291837.88   | 0.53%             | 2029-01-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kingpin Intermediate Holdings LLC                                      | KINGPIN INTER HL 09/22/32                                                   | CUSIP: 49579GAJ1<br>LEI: 549300HRZOJTMNZCST05 | Long             | LON              | CORP              | US        |   1047375 | PA      | $918746.88    | 0.38%             | 2032-09-22      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corporation                                          | Columbus McKinnon Term Loan B 350 2033-01-12                                | CUSIP: 19933MAS2<br>LEI: 549300W3HQB0HO1F3G69 | Long             | LON              | CORP              | US        |    500000 | PA      | $501460.00    | 0.21%             | 2033-02-03      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| MRP Buyer LLC                                                          | MRP BUYE 05/24/32                                                           | CUSIP: 55351DAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     68603 | PA      | $68946.25     | 0.03%             | 2032-06-04      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Oxbow Carbon LLC                                                       | OXBOW CARBO 05/10/30                                                        | CUSIP: 69138EBE8<br>LEI: IH5EFCAY91O8SVS0VX92 | Long             | LON              | CORP              | US        |    871002 | PA      | $875901.32    | 0.36%             | 2030-05-10      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Oxbow Carbon LLC                                                       | OXBOW CARBO 05/10/30                                                        | CUSIP: 69138EBE8<br>LEI: IH5EFCAY91O8SVS0VX92 | Long             | LON              | CORP              | US        |   1040791 | PA      | $1046645.22   | 0.43%             | 2030-05-10      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                                                | STGW 5.625 08/15/29 144A                                                    | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $647284.91    | 0.27%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Gibraltar Industries, Inc.                                             | Gibraltar 02/02/33                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     33542 | PA      | $33583.60     | 0.01%             | 2033-02-02      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Brookfield Property Reit Inc                                           | BROOKFIELD PPTYS 05/28/30                                                   | CUSIP: 11283HAG2<br>LEI: 549300K1JD1LDRNBET48 | Long             | LON              | CORP              | US        |    878362 | PA      | $882890.46    | 0.36%             | 2030-05-28      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Gibraltar Industries, Inc.                                             | Gibraltar 02/02/33                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    771458 | PA      | $772422.65    | 0.32%             | 2033-02-02      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| St. Georges University Scholastic Services LLC                         | Univ Support Ser 02/10/29                                                   | CUSIP: 78957LAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     42260 | PA      | $41909.54     | 0.02%             | 2029-02-10      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Ahlstrom Holding 3 Oy fka Spa Holdings 3                               | AhlstromMunksjo 02/04/28                                                    | CUSIP: 000000000<br>LEI: 254900HXD0I72WZYIT06 | Long             | LON              | CORP              | US        |    624501 | PA      | $622159.28    | 0.26%             | 2028-02-04      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| St. Georges University Scholastic Services LLC                         | Univ Support Ser 02/10/29                                                   | CUSIP: 78957LAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    169041 | PA      | $167638.17    | 0.07%             | 2029-02-10      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| St. Georges University Scholastic Services LLC                         | Univ Support Ser 02/10/29                                                   | CUSIP: 78957LAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1194249 | PA      | $1184336.59   | 0.49%             | 2029-02-10      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| AP Core Holdings II LLC                                                | YAHOO (VERIZON M 09/01/27                                                   | CUSIP: 00187GAD1<br>LEI: 549300PND8ZZ4RWYRZ56 | Long             | LON              | CORP              | US        |   2575000 | PA      | $2539593.75   | 1.05%             | 2027-09-01      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| Perforce Software Inc                                                  | PERFORCE SOFTWAR 07/02/29                                                   | CUSIP: 71376GAK7<br>LEI: 549300322GBMUSL1VG17 | Long             | LON              | CORP              | US        |    492457 | PA      | $319966.84    | 0.13%             | 2029-07-02      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc                                                         | Sabre GLB 07/30/29                                                          | CUSIP: 78571YBN9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |    392192 | PA      | $324172.31    | 0.13%             | 2029-07-30      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Cedar Fair LP                                                          | Cedar Fa 04/18/31                                                           | CUSIP: 15018LAN1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    575558 | PA      | $572200.00    | 0.24%             | 2031-05-01      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                | Talen Energy Sup 05/17/30                                                   | CUSIP: 87422LAV2<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |    268595 | PA      | $269838.80    | 0.11%             | 2030-05-17      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                         | OPAL U 04/28/32                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1696475 | PA      | $1705313.63   | 0.70%             | 2032-04-28      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Transdigm                                                              | Transdig 08/19/32                                                           | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    940275 | PA      | $942940.68    | 0.39%             | 2032-08-19      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle Acquireco, Inc.                                              | Electronic Arts Term Loan B 350 2033-03-14                                  | CUSIP: 67123SAB5<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |   1695000 | PA      | $1697542.50   | 0.70%             | 2033-03-24      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| BMC Software (Boxer/ Bladelogic)                                       | Boxer Parent C 05/30/31                                                     | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |   1392965 | PA      | $1293423.55   | 0.53%             | 2031-07-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Bombardier Recreational Products Inc                                   | Bombardier Recreational Products Term Loan B-4 (Incremental) 275 2031-01-01 | CUSIP: 09776MAT1<br>LEI: 549300DZZJW11IMTMJ24 | Long             | LON              | CORP              | US        |   1000000 | PA      | $999125.00    | 0.41%             | 2031-01-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Ion Platform Finance Us, Inc.                                          | ION PLATFORM FIN 10/07/32                                                   | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |    209289 | PA      | $168402.21    | 0.07%             | 2032-10-07      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Sword Purchaser, LLC                                                   | Sealed Air Corp 04/11/33                                                    | CUSIP: 87110SAB8<br>LEI: 254900S0VY2QTAITBR94 | Long             | LON              | CORP              | US        |   1435000 | PA      | $1395537.50   | 0.58%             | 2033-04-11      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                        | RAND PAREN 03/18/30                                                         | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1770731 | PA      | $1780089.16   | 0.73%             | 2030-03-18      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| FNZ Group Entities Limited                                             | FNZ GROUP ENTITI 11/05/31                                                   | CUSIP: 30339HAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1322147 | PA      | $1060203.62   | 0.44%             | 2031-11-05      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| Emg Utica Midstream Holdings LLC                                       | EMG UTICA MIDSTR 04/01/30                                                   | CUSIP: 26869HAB3<br>LEI: 254900H5HLPM7ZD1LU54 | Long             | LON              | CORP              | US        |    876741 | PA      | $885508.60    | 0.37%             | 2030-04-01      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| ARC Falcon I Inc                                                       | ARC FALCON 09/30/29                                                         | CUSIP: 03880YAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2380000 | PA      | $2161825.40   | 0.89%             | 2029-09-30      | Floating      | 10.75%                | No            |                  2 | On Loan: No      |
| Ahlstrom Holding 3 Oy fka Spa Holdings 3                               | AhlstromMunksjo 05/23/30                                                    | CUSIP: 78475BAB3<br>LEI: 743700UEY0YM039XN974 | Long             | LON              | CORP              | US        |    302718 | PA      | $299529.09    | 0.12%             | 2030-05-23      | Floating      | 8.21%                 | No            |                  2 | On Loan: No      |
| Transnetwork LLC                                                       | TRANSNETWOR 12/29/30                                                        | CUSIP: 000000000<br>LEI: 549300QF18JL5NEFRT47 | Long             | LON              | CORP              | US        |    989873 | PA      | $905734.20    | 0.37%             | 2030-12-29      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO XVII LTD                                             | MVEW 2023-1A D2R                                                            | CUSIP: 62431QAY7<br>LEI: 2549000TWLB57V29ZR37 | Long             | ABS-CBDO         | CORP              | KY        |   1190000 | PA      | $1195340.72   | 0.49%             | 2038-10-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| DirectV Financing LLC                                                  | DIRECTV FIN 08/02/29                                                        | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1189842 | PA      | $1194767.79   | 0.49%             | 2029-08-02      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| Bayonne Energy Center, LLC                                             | Bayonne Energy Center Term Loan B 300 2032-09-13                            | CUSIP: 07288VAF6<br>LEI: 54930011FOZUNGHGHM74 | Long             | LON              | CORP              | US        |     10000 | PA      | $10020.85     | 0.00%             | 2032-09-22      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Ion Platform Finance Us, Inc.                                          | ION PLATFORM FIN 10/07/32                                                   | CUSIP: 46206RAC9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |   1175711 | PA      | $946024.19    | 0.39%             | 2032-10-07      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Thryv Inc                                                              | Thry 05/01/29                                                               | CUSIP: 88602GAF8<br>LEI: 254900W0Q0EQ1QHCLN20 | Long             | LON              | CORP              | US        |     94500 | PA      | $93259.69     | 0.04%             | 2029-05-01      | Floating      | 10.40%                | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                    | Peer Hldg I 09/29/32                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $501062.50    | 0.21%             | 2032-09-29      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| EMERGENT BIOSOLUTIONS INC                                              | EBS 3.875 08/15/28 144A                                                     | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1781649.24   | 0.74%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                      | Venture Global Calcasieu Pass Term Loan B 325 2033-03-28                    | CUSIP: 12867PAB7<br>LEI: 549300GKHS6RS20NLH85 | Long             | LON              | CORP              | US        |    220000 | PA      | $220962.50    | 0.09%             | 2033-04-11      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Onesky Flight, LLC                                                     | ONE SKY FLIGH 02 02/17/33                                                   | CUSIP: 68279FAB3<br>LEI: 549300PM6NEPXGG5B882 | Long             | LON              | CORP              | US        |    840000 | PA      | $843154.20    | 0.35%             | 2033-02-04      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings, LLC                                         | Truist Insurance Holdings Term Loan B 275 2031-05-01                        | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    465000 | PA      | $462675.00    | 0.19%             | 2031-05-06      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Eastern Power LLC                                                      | EASTERN PW 04/03/29                                                         | CUSIP: 87264NAB3<br>LEI: 5493000R3E1L1VM1V279 | Long             | LON              | CORP              | US        |   1292310 | PA      | $1300250.92   | 0.54%             | 2029-04-03      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| CPPIB OVM Member U.S. LLC                                              | CPPIB OVM MEMBER 08/20/31                                                   | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    892492 | PA      | $894723.13    | 0.37%             | 2031-08-20      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                               | CLOUD SOFTWARE G 03/21/31                                                   | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    723947 | PA      | $671688.46    | 0.28%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Lsf11 Trinity Bidco, Inc.                                              | LSF11 TRINITY BI 06/14/30                                                   | CUSIP: 50221BAG8<br>LEI: 2549000M6VOEWVW5JU51 | Long             | LON              | CORP              | US        |   1500677 | PA      | $1504428.53   | 0.62%             | 2030-06-14      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Clue Opco LLC                                                          | FORWARD AIR (CLU 09/20/30                                                   | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1308822 | PA      | $1303763.61   | 0.54%             | 2030-12-19      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc (f/k/a Advisor Group Holdings Inc)                  | OSAIC HLDG 07/30/32                                                         | CUSIP: 68773JAJ9<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1251531.25   | 0.52%             | 2032-07-30      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Red Planet Borrower LLC                                                | RED PLANET BORRO 08/07/25                                                   | CUSIP: 57165KAE6<br>LEI: 254900LGTHBRY5NA0C90 | Long             | LON              | CORP              | US        |    618450 | PA      | $615598.95    | 0.25%             | 2032-09-08      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Aspire Bakeries Holdings LLC                                           | ASPIRE BAKERIES 12/23/30                                                    | CUSIP: 02106XAK2<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |    594000 | PA      | $598086.72    | 0.25%             | 2030-12-23      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Sitel Group                                                            | SITEL GROUP 07/27/28                                                        | CUSIP: 82981MAC6<br>LEI: 5493007DS8CM3ZGION43 | Long             | LON              | CORP              | US        |    488491 | PA      | $244245.54    | 0.10%             | 2028-08-28      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (Us) LLC                                | ALLWYN ENTMT FIN 06/02/31                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1346933 | PA      | $1322802.99   | 0.55%             | 2031-06-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser, LLC                                                   | VERDE PURC 11/30/30                                                         | CUSIP: 92338TAB2<br>LEI: 5493004G8OK5L1UTIY12 | Long             | LON              | CORP              | US        |    971015 | PA      | $942335.62    | 0.39%             | 2030-11-29      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc                                                       | Pitney Bowe 01/31/32                                                        | CUSIP: 72448FAW5<br>LEI: 549300N2O26NW4ST6W55 | Long             | LON              | CORP              | US        |   2979368 | PA      | $2978757.61   | 1.23%             | 2032-03-19      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (Us) LLC                                | ALLWYN ENTMT FIN 11/10/32                                                   | CUSIP: 02008EAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    670000 | PA      | $663614.90    | 0.27%             | 2032-11-24      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                               | CLOUD SOFTWARE G 03/21/31                                                   | CUSIP: 88632NBK5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      1824 | PA      | $1691.91      | 0.00%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Connect US Finco LLC                                                   | PLASTIPAK TLB 04/30/24                                                      | CUSIP: 000000000<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | US        |   2074774 | PA      | $2084235.09   | 0.86%             | 2029-09-27      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings Inc.                                        | Columbus McKinno 01/21/33                                                   | CUSIP: 09238FAN1<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    887775 | PA      | $880961.33    | 0.36%             | 2029-03-12      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                                             | Restoration Hard 10/20/28                                                   | CUSIP: 76133MAB7<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |    307225 | PA      | $303121.58    | 0.13%             | 2028-10-20      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Creation Technologies Inc                                              | CREATION TECHNOL 09/14/28                                                   | CUSIP: 22526YAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1319940 | PA      | $1312521.64   | 0.54%             | 2028-10-05      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                      | VENTURE G 04/11/33                                                          | CUSIP: 12867PAB7<br>LEI: 549300GKHS6RS20NLH85 | Long             | LON              | CORP              | US        |    500000 | PA      | $502187.50    | 0.21%             | 2033-04-11      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corporation                                          | Columbus McKinno 01/21/33                                                   | CUSIP: 19933MAS2<br>LEI: 549300W3HQB0HO1F3G69 | Long             | LON              | CORP              | US        |    618117 | PA      | $619921.93    | 0.26%             | 2033-02-03      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Cengage Learning Inc                                                   | Cengage Learnin 03/24/31                                                    | CUSIP: 15131YAR6<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    672538 | PA      | $659961.09    | 0.27%             | 2031-03-24      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Cengage Learning Inc                                                   | Cengage Learnin 03/24/31                                                    | CUSIP: 15131YAR6<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    395452 | PA      | $388057.39    | 0.16%             | 2031-03-24      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                            | ASURIO 02/14/33                                                             | CUSIP: 04649VBF6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    205000 | PA      | $202032.63    | 0.08%             | 2033-03-11      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Leia Finco US LLC                                                      | DARKTRAC 07/02/31                                                           | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1301850 | PA      | $1227273.52   | 0.51%             | 2031-10-09      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing Inc                                      | Amern Axle & Mf 02/03/33                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1343500 | PA      | $1345179.38   | 0.56%             | 2033-02-03      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Treehouse Foods Inc                                                    | TREEHOUSE FOODS, 02/09/33                                                   | CUSIP: 89468XAX3<br>LEI: 5493007M7EVHE470Q576 | Long             | LON              | CORP              | US        |    655000 | PA      | $661245.43    | 0.27%             | 2033-02-04      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| DMS Purchaser LLC                                                      | DMS PURCHASE 02/28/30                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    182935 | PA      | $186757.91    | 0.08%             | 2030-02-28      | Floating      | 11.15%                | No            |                  3 | On Loan: No      |
| Altice Financing SA                                                    | ALTICE FINANCING 10/31/27                                                   | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | LON              | CORP              | US        |   1085093 | PA      | $831257.39    | 0.34%             | 2027-10-31      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| Thryv Inc                                                              | Thryv Term Loan B 675 2029-04-04                                            | CUSIP: 88602GAF8<br>LEI: 254900W0Q0EQ1QHCLN20 | Long             | LON              | CORP              | US        |    695000 | PA      | $685878.13    | 0.28%             | 2029-05-01      | Floating      | 10.40%                | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                         | GTN 4.75 10/15/30 144A                                                      | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    300000 | PA      | $240407.70    | 0.10%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                                    | Peer Hldg I 07/01/31                                                        | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    676438 | PA      | $679143.25    | 0.28%             | 2031-07-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Voyager Parent, LLC                                                    | VOYAGER PAREN 07/01/32                                                      | CUSIP: 92921HAD7<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |    172330 | PA      | $172601.76    | 0.07%             | 2032-07-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Voyager Parent, LLC                                                    | VOYAGER PAREN 07/01/32                                                      | CUSIP: 92921HAD7<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |   1056827 | PA      | $1058491.47   | 0.44%             | 2032-07-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| OWENS-ILLINOIS GENERAL INC                                             | Owens Brockway G 09/30/32                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1376550 | PA      | $1361063.81   | 0.56%             | 2032-09-30      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Golden State Foods LLC                                                 | GOLDEN ST FOOD 12/04/31                                                     | CUSIP: 38121NAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    987525 | PA      | $993385.84    | 0.41%             | 2031-12-04      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS LLC                                             | WEBERSTEPHEN PRO 10/10/32                                                   | CUSIP: 000000000<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |   1005000 | PA      | $981287.03    | 0.41%             | 2032-10-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Apex Group Treasury Limited                                            | APEX GROUP TREAS 02/19/32                                                   | CUSIP: 000000000<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |   1153747 | PA      | $1087406.55   | 0.45%             | 2032-02-27      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Fr Br Holdings, L.L.C.                                                 | FR BR HLDG 10/09/30                                                         | CUSIP: 30260XAD1<br>LEI: 549300FJFG2CK1VX3Y85 | Long             | LON              | CORP              | US        |    689639 | PA      | $692225.61    | 0.29%             | 2030-10-09      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Boots Group Finco LP                                                   | BOOTS GROUP BIDC 07/21/32                                                   | CUSIP: 09947PAB7<br>LEI: 254900YVLYOVF1PF1N93 | Long             | LON              | CORP              | US        |    842888 | PA      | $848817.21    | 0.35%             | 2032-08-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| ALTISOURCE PORTFOLIO SOLUTIONS SA                                      | ALTISOURCE PORTFOLIO SOLUTIONS SA SHS NEW                                   | CUSIP: 000000000<br>LEI: 894500OLCBOOO8WZUE76 | Long             | EC               | CORP              | LU        |       403 | NS      | $2679.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust Inc                                          | Blackstone Mtg T 12/10/30                                                   | CUSIP: 09259GAL7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    509733 | PA      | $510370.15    | 0.21%             | 2030-12-10      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Hyperion Refinance S.A R.L.                                            | Hyperion Refinan 02/15/31                                                   | CUSIP: 000000000<br>LEI: 213800R6D9EVRN5D3117 | Long             | LON              | CORP              | US        |    996231 | PA      | $982532.98    | 0.41%             | 2031-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                            | ASURION LLC 01/20/29                                                        | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    790935 | PA      | $794640.10    | 0.33%             | 2029-01-20      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| Rockpoint Gas Storage Partners LP                                      | ROCKPOINT GAS ST 09/18/31                                                   | CUSIP: 000000000<br>LEI: 549300ZXM0KTRM0NMI59 | Long             | LON              | CORP              | US        |    455688 | PA      | $457521.64    | 0.19%             | 2031-09-18      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                               | NGL ENERGY OPE 03/04/33                                                     | CUSIP: 62922KAH3<br>LEI: 5493008CQD36WWZJ3O79 | Long             | LON              | CORP              | US        |    860000 | PA      | $863160.50    | 0.36%             | 2033-03-11      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| American Greetings Corporation                                         | Amern Greetings 10/30/29                                                    | CUSIP: 02639DAN6<br>LEI: 549300WMJOT8C9DNMF90 | Long             | LON              | CORP              | US        |   1125909 | PA      | $1125909.09   | 0.46%             | 2029-10-30      | Floating      | 9.40%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-26

**Name of Applicant:** Virtus ETF Trust II

**Signature:** Brinton W. Frith

**Name of Signer:** Brinton W. Frith

**Title:** Treasurer and Principal Financial Officer