# EDGAR Filing Document

**Accession Number:** 0002005563
**File Stem:** 0001410368-25-033047
**Filing Date:** 2025-12
**Character Count:** 185922
**Document Hash:** 7e4943a0ea075de75f2ed8b36a7c9f47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-033047.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0001410368-25-033047

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lord Abbett Flexible Income Fund
- **CENTRAL INDEX KEY:** 0002005563

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23923
- **FILM NUMBER:** 251537494

**BUSINESS ADDRESS:**
- **STREET 1:** C/O LORD ABBETT & CO LLC
- **STREET 2:** 30 HUDSON STREET
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 888-522-2388

**MAIL ADDRESS:**
- **STREET 1:** C/O LORD ABBETT & CO LLC
- **STREET 2:** 30 HUDSON STREET
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

## Nport-Ex

![](x7_c114432x1x1.jpg)

Lord Abbett<br> Quarterly Portfolio Holdings Report

Lord Abbett<br> Flexible Income Fund

*For the period ended September 30, 2025*

**Schedule of Investments (unaudited)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **LONG-TERM INVESTMENTS 114.26%** |  |  |  |  |  |
| **ASSET-BACKED SECURITIES 43.31%** |  |  |  |  |  |
| **Automobiles 0.53%** |  |  |  |  |  |
| Huntington Bank Auto Credit-Linked Notes Series 2024-1 Class D<sup>†</sup> | 9.639% (30 day<br> USD SOFR Average + 5.25%) | <sup>#</sup> | 5/20/2032 | $508443 | $521081 |
| Huntington Bank Auto Credit-Linked Notes Series 2024-2 Class D<sup>†</sup> | 8.389% (30 day<br> USD SOFR Average + 4.00%) | <sup>#</sup> | 10/20/2032 | 317187 | 320749 |
| *Total* |  |  |  |  | 841830 |
| **Collateralized Loan Obligation-Debt 7.61%** |  |  |  |  |  |
| Antares CLO Ltd. Series 2017-2A Class CRR (Cayman Islands)<sup>†(b)</sup> | 6.67% (3 mo.<br> USD Term SOFR + 2.40%) | <sup>#</sup> | 4/20/2037 | 1500000 | 1502555 |
| Antares CLO Ltd. Series 2017-2A Class DRR (Cayman Islands)<sup>†(b)</sup> | 8.17% (3 mo.<br> USD Term SOFR + 3.90%) | <sup>#</sup> | 4/20/2037 | 1500000 | 1525125 |
| Audax Senior Debt CLO 8 LLC Series 2023-8A Class A1LN<sup>†</sup> | 6.726% (3 mo.<br> USD Term SOFR + 2.40%) | <sup>#</sup> | 10/20/2035 | 3000000 | 3001296 |
| Golub Capital Partners CLO 65M Series 2023-65A Class CR<sup>†</sup> | 6.674% (3 mo.<br> USD Term SOFR + 2.40%) | <sup>#</sup> | 4/20/2037 | 1500000 | 1510114 |
| Golub Capital Partners CLO 65M Series 2023-65A Class DR<sup>†</sup> | 8.174% (3 mo.<br> USD Term SOFR + 3.90%) | <sup>#</sup> | 4/20/2037 | 1500000 | 1524375 |
| Golub Capital Partners CLO 69M Series 2023-69A Class A<sup>†</sup> | 6.576% (3 mo.<br> USD Term SOFR + 2.35%) | <sup>#</sup> | 11/9/2036 | 3000000 | 3007425 |
| *Total* |  |  |  |  | 12070890 |
| **Collateralized Loan Obligation-Warehouse 6.93%** |  |  |  |  |  |
| Fortress Credit Opportunities XXVII CLO B LLC | 8.318% |  | 12/30/2033 | 5000000 | 5000000 <sup>(c)</sup> |
| NMFC Senior Loan Program IV LLC | 8.752% |  | 7/11/2030 | 750000 | 750000 <sup>(c)</sup> |
| NMFC Senior Loan Program IV LLC<sup>(d)</sup> |  | <sup>(e)</sup> | 7/11/2030 | 1979730 | 1979730 <sup>(c)</sup> |
| NMFC Senior Loan Program III LLC<sup>(d)</sup> |  | <sup>(e)</sup> | 8/7/2028 | 3000000 | 3000000 <sup>(c)</sup> |
| NMFC Senior Loan Program III LLC | 8.607% |  | 8/7/2028 | 270270 | 270270 <sup>(c)</sup> |
| *Total* |  |  |  |  | 11000000 |

---

<br> *See Notes to Schedule of Investments.* 1

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Credit Card 1.11%** |  |  |  |  |  |
| Continental Finance Credit Card ABS Master Trust Series 2024-A Class A<sup>†</sup> | 5.78% |  | 12/15/2032 | $750000 | $762189 |
| Perimeter Master Note Business Trust Series 2025-1A Class A<sup>†</sup> | 5.58% |  | 12/16/2030 | 1000000 | 1003917 |
| *Total* |  |  |  |  | 1766106 |
| **Other 27.13%** |  |  |  |  |  |
| 37 Capital CLO 3 Ltd. Series 2023-1A Class A1R<sup>†(f)</sup> | 5.818% (3 mo.<br> USD Term SOFR + 1.50%) | <sup>#</sup> | 7/15/2038 | 1500000 | 1509156 |
| ABPCI Direct Lending Fund CLO XVII LLC Series 2024-17A Class A1<sup>†(f)</sup> | 6.146% (3 mo.<br> USD Term SOFR + 1.85%) | <sup>#</sup> | 8/1/2036 | 1667000 | 1669771 |
| Abry Liquid Credit CLO Ltd. Series 2025-1A Class C<sup>†(g)</sup> |  | <sup>(e)</sup> | 10/20/2038 | 1000000 | 1002500 |
| AGL CLO 42 Ltd. Series 2025-42A Class A2<sup>†</sup> | 5.869% (3 mo.<br> USD Term SOFR + 1.60%) | <sup>#</sup> | 7/22/2038 | 250000 | 250695 |
| Anchorage Capital CLO 7 Ltd. Series 2015-7A Class BR3<sup>†</sup> | 6.364% (3 mo.<br> USD Term SOFR + 2.05%) | <sup>#</sup> | 4/28/2037 | 674000 | 676437 |
| Arbor Realty Collateralized Loan Obligation Ltd. Series 2025-BTR1 Class A<sup>†</sup> | 6.06% (1 mo.<br> USD Term SOFR + 1.93%) | <sup>#</sup> | 1/20/2041 | 500000 | 500556 |
| Arbor Realty Commercial Real Estate Notes LLC Series 2025-FL1 Class AS<sup>†</sup> | 5.968% (1 mo.<br> USD Term SOFR + 1.83%) | <sup>#</sup> | 1/20/2043 | 240000 | 241199 |
| ARES LII CLO Ltd. Series 2019-52A Class DRR<sup>†</sup> | 6.832% (3 mo.<br> USD Term SOFR + 2.50%) | <sup>#</sup> | 4/22/2031 | 500000 | 500305 |
| ARES LX CLO Ltd. Series 2021-60A Class B<sup>†</sup> | 6.241% (3 mo.<br> USD Term SOFR + 1.91%) | <sup>#</sup> | 7/18/2034 | 750000 | 751274 |
| Arini U.S. CLO I Ltd. Series 1A Class C<sup>†</sup> | 7.226% (3 mo.<br> USD Term SOFR + 2.90%) | <sup>#</sup> | 4/15/2038 | 1000000 | 1017208 |
| Bain Capital Credit CLO Ltd. Series 2019-3A Class DRR<sup>†</sup> | 7.126% (3 mo.<br> USD Term SOFR + 2.80%) | <sup>#</sup> | 10/21/2034 | 250000 | 250290 |
| Benefit Street Partners CLO XX Ltd. Series 2020-20A Class ARR<sup>†(f)</sup> | 5.58% (3 mo.<br> USD Term SOFR + 1.29%) | <sup>#</sup> | 7/15/2037 | 1750000 | 1756981 |
| BlueMountain CLO Ltd. Series 2018-3A Class BR<sup>†</sup> | 6.169% (3 mo.<br> USD Term SOFR + 1.85%) | <sup>#</sup> | 10/25/2030 | 500000 | 501591 |

---

<br> 2 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Other (continued)** |  |  |  |  |  |
| Bryant Park Funding Ltd. Series 2023-20A Class BR<sup>†</sup> | 6.225% (3 mo.<br> USD Term SOFR + 1.90%) | <sup>#</sup> | 4/15/2038 | $350000 | $351589 |
| Cajun Global LLC Series 2021-1 Class A2<sup>†</sup> | 3.931% |  | 11/20/2051 | 535150 | 528278 |
| Carlyle U.S. CLO Ltd. Series 2024-1A Class E<sup>†</sup> | 11.238% (3 mo.<br> USD Term SOFR + 6.92%) | <sup>#</sup> | 4/15/2037 | 300000 | 304154 |
| Cherry Securitization Trust Series 2025-1A Class A<sup>†</sup> | 6.13% |  | 11/15/2032 | 1000000 | 1016987 |
| Crown City CLO IV Series 2022-4A Class B1R<sup>†</sup> | 7.126% (3 mo.<br> USD Term SOFR + 2.80%) | <sup>#</sup> | 4/20/2037 | 500000 | 503906 |
| CTM CLO Ltd. Series 2025-1A Class C<sup>†</sup> | 6.685% (3 mo.<br> USD Term SOFR + 2.35%) | <sup>#</sup> | 7/15/2038 | 400000 | 400336 |
| DailyPay Securitization Trust Series 2025-1A Class A<sup>†</sup> | 5.63% |  | 6/26/2028 | 1000000 | 1007078 |
| Elara HGV Timeshare Issuer LLC Series 2025-A Class D<sup>†</sup> | 6.91% |  | 1/25/2040 | 250000 | 249108 |
| eStruxture Issuer LP Series 2025-1 Class A2<sup>†</sup> | 5.894% |  | 7/20/2055 | 2300000 | 1675349 |
| Golub Capital Partners CLO 42M-R Ltd. Series 2019-42RA Class A2R<sup>†</sup> | 7.064% (3 mo.<br> USD Term SOFR + 2.75%) | <sup>#</sup> | 1/20/2036 | $1000000 | 1004929 |
| Golub Capital Partners CLO 42M-R Ltd. Series 2019-42RA Class CR<sup>†</sup> | 8.514% (3 mo.<br> USD Term SOFR + 4.20%) | <sup>#</sup> | 1/20/2036 | 1250000 | 1256674 |
| Greystone CRE Notes LLC Series 2025-FL4 Class AS<sup>†</sup> | 6.289% (1 mo.<br> USD Term SOFR + 2.14%) | <sup>#</sup> | 1/15/2043 | 500000 | 503124 |
| HalseyPoint CLO 3 Ltd. Series 2020-3A Class D1R<sup>†</sup> | 8.61% (3 mo.<br> USD Term SOFR + 4.30%) | <sup>#</sup> | 7/30/2037 | 250000 | 252732 |
| Hardee's Funding LLC Series 2018-1A Class A23<sup>†</sup> | 5.71% |  | 6/20/2048 | 279000 | 278341 |
| Harvest U.S. CLO Ltd. Series 2024-1A Class E<sup>†</sup> | 11.749% (3 mo.<br> USD Term SOFR + 7.42%) | <sup>#</sup> | 4/18/2037 | 250000 | 255315 |
| HPS Loan Management Ltd. Series 2021-16A Class BR<sup>†</sup> | 5.91% (3 mo.<br> USD Term SOFR + 1.65%) | <sup>#</sup> | 1/23/2035 | 1000000 | 1000894 |
| ICG U.S. CLO Ltd. Series 2025-1A Class D1<sup>†</sup> | 7.312% (3 mo.<br> USD Term SOFR + 3.15%) | <sup>#</sup> | 7/25/2038 | 750000 | 755395 |
| Island Finance Trust Series 2025-1A Class A<sup>†</sup> | 6.54% |  | 3/19/2035 | 1150000 | 1168985 |

---

<br> *See Notes to Schedule of Investments.* 3

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Other (continued)** |  |  |  |  |  |
| KKR CLO 61 Ltd. Series 2025-61A Class D1<sup>†</sup> | 8.145% (3 mo.<br> USD Term SOFR + 3.85%) | <sup>#</sup> | 7/15/2037 | $250000 | $251804 |
| LFT CRE Ltd. Series 2021-FL1 Class B<sup>†</sup> | 6.015% (1 mo.<br> USD Term SOFR + 1.86%) | <sup>#</sup> | 6/15/2039 | 350000 | 348334 |
| Madison Park Funding LIX Ltd. Series 2021-59A Class A2R<sup>†</sup> | 6.029% (3 mo.<br> USD Term SOFR + 1.70%) | <sup>#</sup> | 4/18/2037 | 500000 | 501120 |
| Navesink CLO 1 Ltd. Series 2023-1A Class A1R<sup>†</sup> | 5.999% (3 mo.<br> USD Term SOFR + 1.68%) | <sup>#</sup> | 7/25/2033 | 1000000 | 1001870 |
| Orion CLO Ltd. Series 2024-3A Class C<sup>†</sup> | 6.619% (3 mo.<br> USD Term SOFR + 2.30%) | <sup>#</sup> | 7/25/2037 | 500000 | 502307 |
| Pagaya Point of Sale Holdings Grantor Trust Series 2025-1 Class A<sup>†</sup> | 5.715% |  | 1/20/2034 | 500000 | 506074 |
| PFP Ltd. Series 2025-12 Class B<sup>†</sup> | 6.178% (1 mo.<br> USD Term SOFR + 2.04%) | <sup>#</sup> | 12/18/2042 | 500000 | 502401 |
| Post Road Equipment Finance LLC Series 2025-1A Class D<sup>†</sup> | 5.43% |  | 5/15/2031 | 300000 | 301790 |
| Project Panama SPV LLC Series 2024 1<sup>†</sup> | 7.48% | <sup>#(h)</sup> | 12/23/2027 | 5000000 | 5037500 <sup>(c)</sup> |
| Rad CLO 22 Ltd. Series 2023-22A Class A1<sup>†</sup> | 6.156% (3 mo.<br> USD Term SOFR + 1.83%) | <sup>#</sup> | 1/20/2037 | 570000 | 571567 |
| Regatta XVI Funding Ltd. Series 2019-2A Class CR<sup>†</sup> | 6.218% (3 mo.<br> USD Term SOFR + 1.90%) | <sup>#</sup> | 1/15/2033 | 300000 | 300285 |
| Sandstone Peak III Ltd. Series 2024-1A Class E<sup>†</sup> | 11.399% (3 mo.<br> USD Term SOFR + 7.08%) | <sup>#</sup> | 4/25/2037 | 250000 | 254279 |
| Scalelogix ABS U.S. Issuer LLC Series 2025-1A Class A2<sup>†</sup> | 5.673% |  | 7/25/2055 | 1000000 | 1002284 |
| SEB Funding LLC Series 2021-1A Class A2<sup>†</sup> | 4.969% |  | 1/30/2052 | 513712 | 508461 |
| Sesac Finance LLC Series 2025-1 Class A2<sup>†</sup> | 5.50% |  | 7/25/2055 | 1000000 | 998417 |
| Sierra Timeshare Receivables Funding LLC Series 2024-2A Class D<sup>†</sup> | 7.48% |  | 6/20/2041 | 689750 | 702160 |
| Silver Point CLO 9 Ltd. Series 2025-9A Class E<sup>†</sup> | 11.188% (3 mo.<br> USD Term SOFR + 6.90%) | <sup>#</sup> | 3/31/2038 | 250000 | 256868 |
| TierPoint Issuer LLC Series 2025-1A Class A2<sup>†</sup> | 6.15% |  | 4/26/2055 | 1000000 | 1016031 |
| Trimaran CAVU Ltd. Series 2024-1A Class E<sup>†</sup> | 10.569% (3 mo.<br> USD Term SOFR + 6.25%) | <sup>#</sup> | 1/25/2038 | 250000 | 254338 |

---

4 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Other (continued)** |  |  |  |  |  |
| Trinitas CLO XXVI Ltd. Series 2023-26A Class C1R<sup>†</sup> | 6.694% (3 mo.<br> USD Term SOFR + 2.40%) | <sup>#</sup> | 7/20/2038 | $250000 | $252504 |
| Trinitas CLO XXVII Ltd. Series 2024-27A Class D1<sup>†</sup> | 8.629% (3 mo.<br> USD Term SOFR + 4.30%) | <sup>#</sup> | 4/18/2037 | 370000 | 373922 |
| U.S. Bank NA Series 2025-SUP1 Class C<sup>†</sup> | 6.256% (30 day<br> USD SOFR Average + 1.90%) | <sup>#</sup> | 2/25/2032 | 383874 | 383461 |
| U.S. Bank NA Series 2025-SUP1 Class D<sup>†</sup> | 7.056% (30 day<br> USD SOFR Average + 2.70%) | <sup>#</sup> | 2/25/2032 | 383874 | 385966 |
| VFI ABS LLC Series 2025-1A Class C<sup>†</sup> | 5.60% |  | 4/24/2031 | 863000 | 869279 |
| Vibrant CLO XI Ltd. Series 2019-11A Class A1R2<sup>†(f)</sup> | 5.937% (3 mo.<br> USD Term SOFR + 1.61%) | <sup>#</sup> | 7/20/2032 | 1100000 | 1100515 |
| Vibrant CLO XR Ltd. Series 2018-10RA Class C1<sup>†</sup> | 9.326% (3 mo.<br> USD Term SOFR + 5.00%) | <sup>#</sup> | 4/20/2036 | 580000 | 587145 |
| Vibrant CLO XVI Ltd. Series 2023-16A Class C1R<sup>†</sup> | 7.918% (3 mo.<br> USD Term SOFR + 3.60%) | <sup>#</sup> | 7/15/2036 | 250000 | 250674 |
| Zaxbys Funding LLC Series 2021-1A Class A2<sup>†</sup> | 3.238% |  | 7/30/2051 | 960000 | 906806 |
| *Total* |  |  |  |  | 43069299 |
| *Total Asset-Backed Securities* (cost $68,473,506) |  |  |  |  | 68748125 |
| **CORPORATE BONDS 25.14%** |  |  |  |  |  |
| **Airlines 1.06%** |  |  |  |  |  |
| Air Canada Pass-Through Trust Series 2015-1 Class A (Canada)<sup>†(b)</sup> | 3.60% |  | 9/15/2028 | 394502 | 388816 |
| American Airlines, Inc.<sup>†</sup> | 7.25% |  | 2/15/2028 | 290000 | 297334 |
| AS Mileage Plan IP Ltd. (Cayman Islands)<sup>†(b)</sup> | 5.021% |  | 10/20/2029 | 520000 | 520503 |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc. (Malta)<sup>†(b)</sup> | 9.50% |  | 6/1/2028 | 450000 | 468886 |
| *Total* |  |  |  |  | 1675539 |
| **Auto Manufacturers 1.36%** |  |  |  |  |  |
| Aston Martin Capital Holdings Ltd. (United Kingdom)<sup>†(b)</sup> | 10.00% |  | 3/31/2029 | 385000 | 377298 |
| Ford Motor Credit Co. LLC | 7.35% |  | 11/4/2027 | 1250000 | 1303956 |
| Wabash National Corp.<sup>†</sup> | 4.50% |  | 10/15/2028 | 510000 | 473824 |
| *Total* |  |  |  |  | 2155078 |

---

<br> *See Notes to Schedule of Investments.* 5

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Auto Parts & Equipment 0.51%** |  |  |  |  |  |
| Tenneco, Inc.<sup>†</sup> | 8.00% |  | 11/17/2028 | $350000 | $350891 |
| ZF North America Capital, Inc.<sup>†</sup> | 6.875% |  | 4/14/2028 | 455000 | 461648 |
| *Total* |  |  |  |  | 812539 |
| **Banks 0.87%** |  |  |  |  |  |
| Citigroup, Inc. | 5.353%<br> (SOFR + 1.17%) | <sup>#</sup> | 9/11/2031 | 750000 | 751509 |
| Synovus Financial Corp. | 7.538% (5 yr.<br> USD SOFR ICE Swap + 3.38%) | <sup>#</sup> | 2/7/2029 | 600000 | 632806 |
| *Total* |  |  |  |  | 1384315 |
| **Building Materials 0.17%** |  |  |  |  |  |
| CP Atlas Buyer, Inc.<sup>†</sup> | 7.00% |  | 12/1/2028 | 285000 | 271597 |
| **Chemicals 0.16%** |  |  |  |  |  |
| SCIH Salt Holdings, Inc.<sup>†</sup> | 6.625% |  | 5/1/2029 | 265000 | 260042 |
| **Coal 0.23%** |  |  |  |  |  |
| SunCoke Energy, Inc.<sup>†</sup> | 4.875% |  | 6/30/2029 | 385000 | 360195 |
| **Commercial Services 1.56%** |  |  |  |  |  |
| Alta Equipment Group, Inc.<sup>†</sup> | 9.00% |  | 6/1/2029 | 485000 | 453142 |
| BCP V Modular Services Finance II PLC | 6.125% |  | 11/30/2028 | 380000 | 479551 |
| Champions Financing, Inc.<sup>†</sup> | 8.75% |  | 2/15/2029 | $375000 | 362474 |
| EquipmentShare.com, Inc.<sup>†</sup> | 9.00% |  | 5/15/2028 | 345000 | 365518 |
| Hertz Corp.<sup>†</sup> | 12.625% |  | 7/15/2029 | 480000 | 509322 |
| Sotheby's<sup>†</sup> | 7.375% |  | 10/15/2027 | 300000 | 300655 |
| *Total* |  |  |  |  | 2470662 |
| **Diversified Financial Services 1.13%** |  |  |  |  |  |
| Freedom Mortgage Holdings LLC<sup>†</sup> | 9.25% |  | 2/1/2029 | 505000 | 531733 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.<sup>†</sup> | 3.625% |  | 3/1/2029 | 800000 | 763621 |
| Stellantis Financial Services U.S. Corp.<sup>†</sup> | 4.95% |  | 9/15/2028 | 500000 | 499951 |
| *Total* |  |  |  |  | 1795305 |
| **Electric 0.62%** |  |  |  |  |  |
| Alexander Funding Trust II<sup>†</sup> | 7.467% |  | 7/31/2028 | 465000 | 497399 |
| Palomino Funding Trust I<sup>†</sup> | 7.233% |  | 5/17/2028 | 460000 | 488416 |
| *Total* |  |  |  |  | 985815 |
| **Entertainment 0.58%** |  |  |  |  |  |
| Empire Resorts, Inc.<sup>†</sup> | 7.75% |  | 11/1/2026 | 225000 | 224375 |
| Warnermedia Holdings, Inc. | 4.054% |  | 3/15/2029 | 750000 | 701250 |
| *Total* |  |  |  |  | 925625 |

---

<br> 6 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Equity Real Estate 0.24%** |  |  |  |  |  |
| Kennedy-Wilson, Inc. | 4.75% |  | 3/1/2029 | $390000 | $372962 |
| **Health Care-Services 0.91%** |  |  |  |  |  |
| Centene Corp. | 4.25% |  | 12/15/2027 | 750000 | 737113 |
| CHS/Community Health Systems, Inc.<sup>†</sup> | 6.875% |  | 4/15/2029 | 450000 | 358164 |
| Team Health Holdings, Inc.<sup>†</sup> | 8.375% |  | 6/30/2028 | 337000 | 344556 |
| *Total* |  |  |  |  | 1439833 |
| **Home Builders 0.34%** |  |  |  |  |  |
| LGI Homes, Inc.<sup>†</sup> | 8.75% |  | 12/15/2028 | 509000 | 534677 |
| **Insurance 1.01%** |  |  |  |  |  |
| F&G Annuities & Life, Inc. | 7.40% |  | 1/13/2028 | 720000 | 756071 |
| F&G Global Funding<sup>†</sup> | 5.523%<br> (SOFR + 1.33%) | <sup>#</sup> | 9/8/2028 | 833000 | 839986 |
| *Total* |  |  |  |  | 1596057 |
| **Internet 0.61%** |  |  |  |  |  |
| ANGI Group LLC<sup>†</sup> | 3.875% |  | 8/15/2028 | 390000 | 366893 |
| GrubHub Holdings, Inc.<sup>†</sup> | 13.00% |  | 7/31/2030 | 73975 | 74200 |
| Rakuten Group, Inc. (Japan)<sup>†(b)</sup> | 9.75% |  | 4/15/2029 | 475000 | 534548 |
| *Total* |  |  |  |  | 975641 |
| **Investment Companies 1.11%** |  |  |  |  |  |
| Blackstone Secured Lending Fund | 3.625% |  | 1/15/2026 | 500000 | 498793 |
| HAT Holdings I LLC/HAT Holdings II LLC<sup>†</sup> | 8.00% |  | 6/15/2027 | 500000 | 520768 |
| HPS Corporate Lending Fund<sup>†</sup> | 4.90% |  | 9/11/2028 | 750000 | 746286 |
| *Total* |  |  |  |  | 1765847 |
| **Iron-Steel 0.48%** |  |  |  |  |  |
| Algoma Steel, Inc. (Canada)<sup>†(b)</sup> | 9.125% |  | 4/15/2029 | 555000 | 473454 |
| Mineral Resources Ltd. (Australia)<sup>†(b)</sup> | 9.25% |  | 10/1/2028 | 280000 | 293736 |
| *Total* |  |  |  |  | 767190 |
| **Leisure Time 0.34%** |  |  |  |  |  |
| Sabre GLBL, Inc.<sup>†</sup> | 8.625% |  | 6/1/2027 | 533000 | 540976 |
| **Lodging 0.21%** |  |  |  |  |  |
| Full House Resorts, Inc.<sup>†</sup> | 8.25% |  | 2/15/2028 | 360000 | 334443 |
| **Machinery-Diversified 0.36%** |  |  |  |  |  |
| Husky Injection Molding Systems Ltd./Titan Co-Borrower LLC (Canada)<sup>†(b)</sup> | 9.00% |  | 2/15/2029 | 340000 | 355790 |
| Maxim Crane Works Holdings Capital LLC<sup>†</sup> | 11.50% |  | 9/1/2028 | 210000 | 222833 |
| *Total* |  |  |  |  | 578623 |

---

<br> *See Notes to Schedule of Investments.* 7

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Media 1.15%** |  |  |  |  |
| AMC Networks, Inc.<sup>†</sup> | 10.25% | 1/15/2029 | $456000 | $480909 |
| Sinclair Television Group, Inc.<sup>†</sup> | 5.125% | 2/15/2027 | 350000 | 350367 |
| Univision Communications, Inc.<sup>†</sup> | 8.00% | 8/15/2028 | 355000 | 368137 |
| Virgin Media Vendor Financing Notes III DAC | 4.875% | 7/15/2028 | 475000 | 624715 |
| *Total* |  |  |  | 1824128 |
| **Miscellaneous Manufacturing 0.19%** |  |  |  |  |
| LSB Industries, Inc.<sup>†</sup> | 6.25% | 10/15/2028 | $310000 | 306068 |
| **Oil & Gas 5.41%** |  |  |  |  |
| Antero Resources Corp.<sup>†</sup> | 7.625% | 2/1/2029 | 700000 | 715319 |
| APA Corp. | 4.375% | 10/15/2028 | 500000 | 487906 |
| Borr IHC Ltd./Borr Finance LLC<sup>†</sup> | 10.00% | 11/15/2028 | 578658 | 576210 |
| Civitas Resources, Inc.<sup>†</sup> | 8.375% | 7/1/2028 | 496000 | 514748 |
| Comstock Resources, Inc.<sup>†</sup> | 6.75% | 3/1/2029 | 365000 | 363086 |
| Crescent Energy Finance LLC<sup>†</sup> | 9.25% | 2/15/2028 | 274000 | 284663 |
| EQT Corp. | 7.50% | 6/1/2027 | 1000000 | 1019473 |
| Global Marine, Inc. | 7.00% | 6/1/2028 | 190000 | 184775 |
| Hilcorp Energy I LP/Hilcorp Finance Co.<sup>†</sup> | 6.25% | 11/1/2028 | 355000 | 356136 |
| Nabors Industries, Inc.<sup>†</sup> | 7.375% | 5/15/2027 | 364000 | 369763 |
| Patterson-UTI Energy, Inc. | 3.95% | 2/1/2028 | 1000000 | 977026 |
| Repsol E&P Capital Markets U.S. LLC<sup>†</sup> | 4.805% | 9/16/2028 | 200000 | 200932 |
| Saturn Oil & Gas, Inc. (Canada)<sup>†(b)</sup> | 9.625% | 6/15/2029 | 495000 | 513210 |
| Shelf Drilling Holdings Ltd. (United Arab Emirates)<sup>†(b)</sup> | 9.625% | 4/15/2029 | 550000 | 577313 |
| Talos Production, Inc.<sup>†</sup> | 9.00% | 2/1/2029 | 520000 | 538077 |
| Transocean Aquila Ltd.<sup>†</sup> | 8.00% | 9/30/2028 | 401308 | 413096 |
| Vnom Sub, Inc.<sup>†</sup> | 5.375% | 11/1/2027 | 500000 | 500400 |
| *Total* |  |  |  | 8592133 |
| **Packaging & Containers 0.37%** |  |  |  |  |
| Mauser Packaging Solutions Holding Co.<sup>†</sup> | 9.25% | 4/15/2027 | 360000 | 361128 |
| Trident TPI Holdings, Inc.<sup>†</sup> | 12.75% | 12/31/2028 | 215000 | 229512 |
| *Total* |  |  |  | 590640 |
| **Pharmaceuticals 0.80%** |  |  |  |  |
| Curaleaf Holdings, Inc. | 8.00% | 12/15/2026 | 315000 | 304762 |
| CVS Pass-Through Trust<sup>†</sup> | 5.298% | 1/11/2027 | 675644 | 675835 |
| Trulieve Cannabis Corp. | 8.00% | 10/6/2026 | 290000 | 289548 |
| *Total* |  |  |  | 1270145 |

---

<br> 8 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Pipelines 0.97%** |  |  |  |  |
| Delek Logistics Partners LP/Delek Logistics Finance Corp.<sup>†</sup> | 7.125% | 6/1/2028 | $340000 | $341577 |
| NGPL PipeCo LLC<sup>†</sup> | 4.875% | 8/15/2027 | 750000 | 751968 |
| Venture Global LNG, Inc.<sup>†</sup> | 8.125% | 6/1/2028 | 425000 | 440202 |
| *Total* |  |  |  | 1533747 |
| **REITS 0.47%** |  |  |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.<sup>†</sup> | 4.25% | 2/1/2027 | 750000 | 743984 |
| **Retail 0.60%** |  |  |  |  |
| Maxeda DIY Holding BV | 5.875% | 10/1/2026 | 240000 | 264083 |
| Park River Holdings, Inc.<sup>†</sup> | 6.75% | 8/1/2029 | $400000 | 396518 |
| Stonegate Pub Co. Financing PLC | 10.75% | 7/31/2029 | 210000 | 284220 |
| *Total* |  |  |  | 944821 |
| **Software 0.33%** |  |  |  |  |
| Open Text Corp. (Canada)<sup>†(b)</sup> | 6.90% | 12/1/2027 | $500000 | 520773 |
| **Telecommunications 0.23%** |  |  |  |  |
| Level 3 Financing, Inc.<sup>†</sup> | 4.25% | 7/1/2028 | 395000 | 371293 |
| **Transportation 0.76%** |  |  |  |  |
| Pacific National Finance Pty. Ltd. (Australia)<sup>(b)</sup> | 4.75% | 3/22/2028 | 700000 | 691411 |
| XPO, Inc.<sup>†</sup> | 6.25% | 6/1/2028 | 500000 | 510429 |
| *Total* |  |  |  | 1201840 |
| *Total Corporate Bonds* (cost $39,512,999) |  |  |  | 39902533 |
| **CORPORATE NOTES 3.14%** |  |  |  |  |
| **Financial Services 3.14%** |  |  |  |  |
| QualityTech LP | 7.11% (3 mo.<br> USD Term SOFR + 2.75%) | 10/31/2028 | 3800000 | 3785940 <sup>(c)</sup> |
| QualityTech LP<sup>(d)</sup> | 7.12% – 7.39% (3 mo.<br> USD Term SOFR + 3.00%) | 10/31/2028 | 1200000 | 1195560 <sup>(c)</sup> |
| *Total Corporate Notes* (cost $4,958,027) |  |  |  | 4981500 |
| **FLOATING RATE LOANS<sup>(i)</sup> 38.68%** |  |  |  |  |
| **Aerospace & Defense 1.56%** |  |  |  |  |
| Triumph Group, Inc PIK Term Loan 6.57% | 9.446% (3 mo. <br> USD Term SOFR + 2.38%) | 7/24/2032 | 1998337 | 1978354 <sup>(c)</sup> |
| Triumph Group, Inc Delayed Draw Term Loan<sup>(d)</sup> | – <sup>(e)</sup> | 7/24/2032 | 168919 | 167230 <sup>(c)</sup> |
| Triumph Group, Inc Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 7/24/2032 | 337838 | 334459 <sup>(c)</sup> |
| *Total* |  |  |  | 2480043 |

---

<br> *See Notes to Schedule of Investments.* 9

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Building Products 0.93%** |  |  |  |  |
| LHS Borrower LLC 2025 Term Loan | 9.215% (1 mo.<br> USD Term SOFR + 5.25%) | 9/4/2031 | $1388646 | $1367817 <sup>(c)</sup> |
| LHS Borrower LLC 2025 Revolver<sup>(d)</sup> | 9.236% | 9/4/2031 | 111354 | 109683 <sup>(c)</sup> |
| *Total* |  |  |  | 1477500 |
| **Commercial Services & Supplies 0.89%** |  |  |  |  |
| Boost Newco Borrower LLC 2025 USD Term Loan B2 | 6.002% (3 mo.<br> USD Term SOFR + 2.00%) | 1/31/2031 | 997494 | 1000092 |
| RR Donnelley & Sons Co. 2024 Term Loan | 8.715% (1 mo.<br> USD Term SOFR + 4.75%) | 8/8/2029 | 424450 | 420205 <sup>(c)</sup> |
| *Total* |  |  |  | 1420297 |
| **Consumer Staples Distribution & Retail 2.10%** |  |  |  |  |
| Bellis Acquisition Co. PLC 2023 GBP Incremental Term Loan (United Kingdom) | 10.008%<br> (SONIA + 5.75%) | 10/22/2029 | 2500000 | 3326609 <sup>(c)</sup> |
| **Diversified Consumer Services 2.83%** |  |  |  |  |
| CI MG Group LLC 2025 Delayed Draw Term Loan<sup>(d)</sup> | 9.486% - 9.66% (1 mo.<br> USD Term SOFR + 5.50%)<br> (6 mo.<br> USD Term SOFR + 5.50%) | 3/27/2030 | $743412 | 733674 <sup>(c)</sup> |
| CI MG Group LLC 2025 Revolver<sup>(d)</sup> | 9.499% (3 mo.<br> USD Term SOFR + 5.50%) | 3/27/2030 | 168919 | 166706 <sup>(c)</sup> |
| CI MG Group LLC 2025 Term Loan | 9.502% (3 mo.<br> USD Term SOFR + 5.50%) | 3/27/2030 | 1581081 | 1560369 <sup>(c)</sup> |
| Eagle Bidco Ltd. 2025 GBP Term Loan B (United Kingdom) | 8.717%<br> (SONIA + 4.75%) | 2/20/2032 | 1500000 | 2028283 |
| *Total* |  |  |  | 4489032 |
| **Diversified Financial Services 0.05%** |  |  |  |  |
| BSFR II UTE I LLC Revolver<sup>(d)</sup> | 5.802% (3 mo.<br> USD Term SOFR + 1.80%) | 3/24/2028 | $75000 | 74850 <sup>(c)</sup> |
| **Entertainment 1.25%** |  |  |  |  |
| Flutter Financing BV 2024 Term Loan B (Netherlands)<sup>(b)</sup> | 5.752% (3 mo.<br> USD Term SOFR + 1.75%) | 11/30/2030 | 997462 | 995966 |
| Six Flags Entertainment Corp. 2024 Term Loan B | – <sup>(e)</sup> | 5/1/2031 | 1000000 | 995000 |
| *Total* |  |  |  | 1990966 |

---

10 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Financial Services 2.83%** |  |  |  |  |
| Harp Finco Ltd. GBP Term Loan (Jersey) | 9.482%<br> (SONIA + 5.50%) | 3/27/2032 | 1500000 | $1977002 <sup>(c)</sup> |
| Tulip Bidco Ltd. GBP PIK Incremental Acquisition Facility (United Kingdom)<sup>(d)</sup> | 7.463% - 9.08%<br> (SONIA + 5.00%)<br> (3 mo.<br> EURIBOR + 5.00%) | 12/13/2027 | 1900000 | 2516980 <sup>(c)</sup> |
| *Total* |  |  |  | 4493982 |
| **Health Care Equipment & Supplies 1.52%** |  |  |  |  |
| DRS Holdings III, Inc. 2025 Term Loan | 9.215% (1 mo.<br> USD Term SOFR + 5.25%) | 11/1/2028 | $2290933 | 2279479 <sup>(c)</sup> |
| DRS Holdings III, Inc. 2025 Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 11/1/2028 | 142625 | 141911 <sup>(c)</sup> |
| *Total* |  |  |  | 2421390 |
| **Health Care Providers & Services 2.17%** |  |  |  |  |
| One Call Corp. 2025 Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 9/10/2030 | 230263 | 226809 <sup>(c)</sup> |
| One Call Corp. 2025 Term Loan | 9.715% (1 mo.<br> USD Term SOFR + 5.75%) | 9/10/2030 | 3269737 | 3220691 <sup>(c)</sup> |
| *Total* |  |  |  | 3447500 |
| **Health Care Technology 4.39%** |  |  |  |  |
| CT Technologies Intermediate Holdings, Inc. 2025 Incremental Delayed Draw Term Loan<sup>(d)</sup> | 8.913% (1 mo.<br> USD Term SOFR + 4.75%) | 8/30/2031 | 731529 | 724214 <sup>(c)</sup> |
| CT Technologies Intermediate Holdings, Inc. 2025 Incremental Term Loan | 8.715% (1 mo.<br> USD Term SOFR + 4.75%) | 9/1/2031 | 1280176 | 1267374 <sup>(c)</sup> |
| CT Technologies Intermediate Holdings, Inc. 2025 Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 8/30/2031 | 365764 | 362107 <sup>(c)</sup> |
| CT Technologies Intermediate Holdings, Inc. 2025 Synthetic Delayed Draw Term Loan 1<sup>(d)</sup> | – <sup>(e)</sup> | 8/30/2031 | 111558 | 111558 <sup>(c)</sup> |
| Goldeneye Parent LLC PIK Term Loan | 8.965% (1 mo.<br> USD Term SOFR + 5.00%) | 3/31/2032 | 2178352 | 2189243 <sup>(c)</sup> |
| Goldeneye Parent LLC PIK Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 3/31/2032 | 316189 | 317770 <sup>(c)</sup> |
| Wisdom Purchaser LLC Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 7/24/2032 | 187500 | 186562 <sup>(c)</sup> |
| Wisdom Purchaser LLC PIK Term Loan | 8.365% (3 mo.<br> USD Term SOFR + 4.50%) | 7/24/2032 | 1812500 | 1803437 <sup>(c)</sup> |
| *Total* |  |  |  | 6962265 |

---

*See Notes to Schedule of Investments.* 11

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Hotels, Restaurants & Leisure 3.03%** |  |  |  |  |
| Accommodations Plus Technologies Holdings LLC 2025 Term Loan | 8.449% (3 mo.<br> USD Term SOFR + 4.25%) | 5/28/2032 | $2161250 | $2139637 <sup>(c)</sup> |
| Accommodations Plus Technologies Holdings LLC 2025 Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 5/28/2032 | 333333 | 330000 <sup>(c)</sup> |
| OB Global Openbet Holdings 2 LLC Term Loan | 10.003% (3 mo.<br> USD Term SOFR + 6.00%) | 9/24/2029 | 2362500 | 2338875 <sup>(c)</sup> |
| *Total* |  |  |  | 4808512 |
| **Insurance 1.87%** |  |  |  |  |
| Koala Investment Holdings, Inc. PIK Term Loan | 8.502% (3 mo.<br> USD Term SOFR + 4.50%) | 8/29/2032 | 2346515 | 2323049 <sup>(c)</sup> |
| Koala Investment Holdings, Inc. PIK Delayed Draw Term Loan<sup>(d)</sup> | 8.465% | 8/29/2032 | 452413 | 447889 <sup>(c)</sup> |
| Koala Investment Holdings, Inc. Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 8/29/2032 | 201072 | 199062 <sup>(c)</sup> |
| *Total* |  |  |  | 2970000 |
| **Internet 0.79%** |  |  |  |  |
| Gen Digital, Inc. 2021 Term Loan A | 5.763% (1 mo.<br> USD Term SOFR + 1.50%) | 9/10/2027 | 1250000 | 1250000 |
| **Life Sciences Tools & Services 1.91%** |  |  |  |  |
| Cambrex Corp. 2025 Revolver<sup>(d)</sup> | 4.50% | 3/5/2032 | 255102 | 255102 <sup>(c)</sup> |
| Cambrex Corp. 2025 Unitranche PIK Term Loan | 8.465% (1 mo.<br> USD Term SOFR + 4.50%) | 3/5/2032 | 1953353 | 1953353 <sup>(c)</sup> |
| Cambrex Corp. 2025 PIK Delayed Draw Term Loan<sup>(d)</sup> | – <sup>(e)</sup> | 3/5/2032 | 291545 | 291545 <sup>(c)</sup> |
| Cambrex Corp. 2025 PIK Delayed Draw Term Loan 1<sup>(d)</sup> | – <sup>(e)</sup> | 3/5/2032 | 531457 | 526143 <sup>(c)</sup> |
| *Total* |  |  |  | 3026143 |
| **Media 2.11%** |  |  |  |  |
| Charter Communications Operating LLC 2023 Term Loan B4 | 6.291% (3 mo.<br> USD Term SOFR + 2.00%) | 12/7/2030 | 997462 | 997257 |
| Gannett Holdings LLC 2024 Term Loan | 9.185% (3 mo.<br> USD Term SOFR + 5.00%) | 10/15/2029 | 2366911 | 2355574 |
| *Total* |  |  |  | 3352831 |

---

12 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **Oil & Gas 0.25%** |  |  |  |  |
| Occidental Petroleum Corp. 2 Year Term Loan | – <sup>(e)</sup> | 12/29/2025 | $400000 | $400500 |
| **Professional Services 5.06%** |  |  |  |  |
| Deerfield Dakota Holding LLC 2025 PIK Term Loan 7.06% | 9.808% (3 mo.<br> USD Term SOFR + 5.25%) | 9/12/2032 | 2742857 | 2715428 <sup>(c)</sup> |
| Deerfield Dakota Holding LLC 2025 Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 9/12/2032 | 257143 | 254571 <sup>(c)</sup> |
| Pacioli U.K. Midco Ltd. GBP PIK Term Loan B (United Kingdom) | 8.982%<br> (SONIA + 5.00%) | 4/14/2032 | 1410000 | 1863123 <sup>(c)</sup> |
| Sigma Irish Acquico Ltd. 2025 USD Term Loan B (Ireland)<sup>(b)</sup> | 9.37% (3 mo.<br> USD Term SOFR + 5.25%) | 3/19/2032 | $1304138 | 1294357 <sup>(c)</sup> |
| Sigma Irish Acquico Ltd. 2025 PIK Delayed Draw Term Loan (Ireland)<sup>(b)(d)</sup> | 7.25% | 3/19/2032 | 453613 | 450211 <sup>(c)</sup> |
| Sigma Irish Acquico Ltd. 2025 EUR Term Loan B (Ireland) | 7.25% (3 mo.<br> EURIBOR + 5.25%) | 3/19/2032 | 1242249 | 1447525 <sup>(c)</sup> |
| *Total* |  |  |  | 8025215 |
| **Real Estate Management & Development 1.57%** |  |  |  |  |
| Associations, Inc. 2024 2nd Amendment Term Loan A | 11.083% (3 mo.<br> USD Term SOFR + 6.50%) | 7/3/2028 | $2181484 | 2186938 <sup>(c)</sup> |
| Associations, Inc. 2024 2nd Amendment Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 7/3/2028 | 136842 | 136842 <sup>(c)</sup> |
| Associations, Inc. 2024 Special Purpose Delayed Draw Term Loan<sup>(d)</sup> | 11.083% (3 mo.<br> USD Term SOFR + 6.50%) | 7/3/2028 | 170297 | 170723 <sup>(c)</sup> |
| *Total* |  |  |  | 2494503 |
| **Transportation Infrastructure 1.57%** |  |  |  |  |
| Elk Bidco, Inc. Delayed Draw Term Loan<sup>(d)</sup> | – <sup>(e)</sup> | 6/14/2032 | 373134 | 371269 <sup>(c)</sup> |
| Elk Bidco, Inc. Revolver<sup>(d)</sup> | – <sup>(e)</sup> | 6/14/2032 | 335821 | 334142 <sup>(c)</sup> |
| Elk Bidco, Inc. Term Loan | 8.502% (3 mo.<br> USD Term SOFR + 4.50%) | 6/14/2032 | 1791045 | 1782089 <sup>(c)</sup> |
| *Total* |  |  |  | 2487500 |
| *Total Floating Rate Loans* (cost $60,971,845) | *Total Floating Rate Loans* (cost $60,971,845) |  |  | 61399638 |

---

*See Notes to Schedule of Investments.* 13

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 3.99%** | **NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 3.99%** |  |  |  |  |
| 1301 Trust Series 2025-1301 Class D<sup>†</sup> | 6.43% | <sup>#(j)</sup> | 8/11/2042 | $590000 | $592101 |
| 1345 Trust Series 2025-AOA Class B<sup>†</sup> | 6.15% (1 mo.<br> USD Term SOFR + 2.00%) | <sup>#</sup> | 6/15/2042 | 500000 | 502220 |
| ALA Trust Series 2025-OANA Class C<sup>†</sup> | 6.243% (1 mo.<br> USD Term SOFR + 2.09%) | <sup>#</sup> | 6/15/2040 | 500000 | 505025 |
| BAHA Trust Series 2024-MAR Class B<sup>†</sup> | 7.069% | <sup>#(j)</sup> | 12/10/2041 | 500000 | 521904 |
| BHMS Commercial Mortgage Trust Series 2025-ATLS Class A<sup>†</sup> | 6.00% (1 mo.<br> USD Term SOFR + 1.85%) | <sup>#</sup> | 8/15/2042 | 700000 | 703381 |
| BSTN Commercial Mortgage Trust Series 2025-1C Class B<sup>†</sup> | 5.947% | <sup>#(j)</sup> | 6/15/2044 | 500000 | 516096 |
| BX Trust Series 2025-VLT7 Class E<sup>†</sup> | 7.90% (1 mo.<br> USD Term SOFR + 3.75%) | <sup>#</sup> | 7/15/2044 | 500000 | 503919 |
| MAD Commercial Mortgage Trust Series 2025-11MD Class C<sup>†</sup> | 5.631% | <sup>#(j)</sup> | 10/15/2042 | 400000 | 402311 |
| ONE Mortgage Trust Series 2021-PARK Class A<sup>†</sup> | 4.965% (1 mo.<br> USD Term SOFR + 0.81%) | <sup>#</sup> | 3/15/2036 | 500000 | 493063 |
| SCG Trust Series 2025-SNIP Class D<sup>†</sup> | 6.85% (1 mo.<br> USD Term SOFR + 2.60%) | <sup>#</sup> | 9/15/2030 | 600000 | 600374 |
| SWCH Commercial Mortgage Trust Series 2025-DATA Class B<sup>†</sup> | 5.993% (1 mo.<br> USD Term SOFR + 1.84%) | <sup>#</sup> | 2/15/2042 | 500000 | 498755 |
| TEXAS Commercial Mortgage Trust Series 2025-TWR Class D<sup>†</sup> | 7.241% (1 mo.<br> USD Term SOFR + 3.09%) | <sup>#</sup> | 4/15/2042 | 500000 | 500188 |
| *Total Non-Agency Commercial Mortgage-Backed Securities* (cost $6,292,202) | *Total Non-Agency Commercial Mortgage-Backed Securities* (cost $6,292,202) |  |  |  | 6339337 |
| *Total Long-Term Investments* (cost $180,208,579) | *Total Long-Term Investments* (cost $180,208,579) |  |  |  | 181371133 |
| **SHORT-TERM INVESTMENTS 4.94%** |  |  |  |  |  |
| **COMMERCIAL PAPER 0.31%** |  |  |  |  |  |
| **Chemicals 0.31%** |  |  |  |  |  |
| FMC Corp.<sup>†</sup> (cost $499,563) | 5.349% |  | 10/7/2025 | 500000 | 499563 |
| **MONEY MARKET MUTUAL FUNDS 2.73%** |  |  |  |  |  |
| State Street Institutional U.S. Government Money Market Fund Class<sup>(k)</sup> (cost $4,339,317) | 4.069% |  | 12/31/2050 | 4339317 | 4339317 |

---

14 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | |
|:---|:---|:---|
| **Investments** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value**<sup>(a)</sup> |
| **REPURCHASE AGREEMENTS 1.90%** |  |  |
| Repurchase Agreement dated 9/30/2025, 3.750% due 10/1/2025 with Fixed Income Clearing Corp. collateralized by $309,000 of U.S. Treasury Note at 3.750% due 4/30/2027; value: $314,267; proceeds: $307,943 <br> (cost $307,911) | $307911 | $307911 |
| Repurchase Agreement dated 9/30/2025, 4.200% due 10/1/2025 with JPMorgan Securities LLC collateralized by $2,621,400 of U.S. Treasury Note at 4.500% due 5/15/2027; value: $2,700,000; proceeds: $2,700,315 <br> (cost $2,700,000) | 2700000 | 2700000 |
| *Total Repurchase Agreements* (cost $3,007,911) |  | 3007911 |
| *Total Short-Term Investments* (cost $7,846,791) |  | 7846791 |
| *Total Investments in Securities 119.20%* (cost $188,055,370) |  | 189217924 |
| *Less Unfunded Loan Commitments (9.01%)* (cost $14,248,954) |  | (14295721) |
| *Net Investments in Securities 110.19%* (cost $173,806,416) |  | 174922203 |
| *Borrowings (7.46%)* |  | (11850000) |
| *Other Assets and Liabilities – Net*<sup>(l)</sup> *(2.73)*% |  | (4328243) |
| *Net Assets 100.00%* |  | $158743960 |

---

---

| | |
|:---|:---|
| CAD | Canadian Dollar. |
| EUR | Euro. |
| GBP | British Pound. |
| EURIBOR | Euro Interbank Offered Rate. |
| ICE | Intercontinental Exchange. |
| PIK | Payment-in-kind. |
| REITS | Real Estate Investment Trusts. |
| SOFR | Secured Overnight Financing Rate. |
| SONIA | Sterling Overnight Index Average. |
| <sup>‡</sup> | Principal Amount is denominated in U.S. dollars unless otherwise noted. |
| <sup>†</sup> | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2025, the total value of Rule 144A securities was $93,127,628, which represents 58.67% of net assets. |
| <sup>#</sup> | Variable rate security. The interest rate represents the rate in effect at September 30, 2025. |
| <sup>(a)</sup> | Investment holdings denominated in foreign currencies are converted to U.S. Dollars using period end spot rates. |
| <sup>(b)</sup> | Foreign security traded in U.S. dollars. |
| <sup>(c)</sup> | Level 3 Investment as described in Note 2(a) in the Notes to Schedule of Investments. Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Fund's Adviser as "valuation designee." |
| <sup>(d)</sup> | Security partially/fully unfunded. |
| <sup>(e)</sup> | Interest Rate to be determined. |
| <sup>(f)</sup> | Security has been fully or partially segregated for open reverse repurchase agreements as of September 30, 2025. |
| <sup>(g)</sup> | Securities purchased on a when-issued basis. |
| <sup>(h)</sup> | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. |
| <sup>(i)</sup> | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the SOFR or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at September 30, 2025. |

---

*See Notes to Schedule of Investments.* 15

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

<sup>(j)</sup> Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool.

<sup>(k)</sup> The rate shown is the current yield as of September 30, 2025.

<sup>(l)</sup> Other Assets and Liabilities – Net include net unrealized appreciation/(depreciation) on forward foreign currency exchange contracts, swap contracts and reverse repurchase agreement as follows:

**Centrally Cleared Interest Rate Swap Contracts at September 30, 2025:**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Central<br> Clearingparty** | **Periodic<br> Payments<br> to be Made<br> By The Fund<br> (Quarterly)** | **Periodic<br> Payments<br> to be Received<br> By The Fund<br> (Quarterly)** | **Termination<br> Date** | **Notional<br> Amount** | **Payments**<br> **Upfront**<sup>(1)</sup> | **Unrealized<br> Appreciation/<br> (Depreciation)** | **Value** |
| Bank of America<sup>(2)</sup> | 3.905% | 12-Month USD SOFR Index | 9/19/2026 | $8590000 | $– | $(20279) | $(20279) |
| Bank of America<sup>(2)</sup> | 3.756% | 12-Month USD SOFR Index | 5/19/2027 | 15100000 | (22863) | (46167) | (69030) |
| Bank of America<sup>(2)</sup> | 3.685% | 12-Month USD SOFR Index | 5/19/2028 | 5753000 | (8029) | (38939) | (46968) |
| Bank of America<sup>(2)</sup> | 3.396% | 12-Month USD SOFR Index | 6/30/2029 | 4145000 | 7289 | (13664) | (6375) |
| *Total* |  |  |  |  | $(23603) | $(119049) | $(142652) |

---

SOFR Secured Overnight Financing Rate. <br> <sup>(1)</sup> Upfront payments paid (received) are presented net of amortization. <br> <sup>(2)</sup> Central Clearinghouse: Chicago Mercantile Exchange (CME).

**Forward Foreign Currency Exchange Contracts at September 30, 2025:**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward<br> Foreign<br> Currency<br> Exchange<br> Contracts** | **Transaction<br> Type** | **Counterparty** | **Expiration<br> Date** | **Foreign<br> Currency** | **U.S. $ Cost on<br> Origination<br> Date** | **U.S. $ Current<br> Value** | **Unrealized<br> Appreciation** |
| Euro | Buy | Goldman Sachs | 11/21/2025 | 470000 | $550333 | $553424 | $3091 |
| British pound | Sell | Goldman Sachs | 10/10/2025 | 274000 | 376522 | 368520 | 8002 |
| British pound | Sell | Goldman Sachs | 10/10/2025 | 6102000 | 8381744 | 8206968 | 174776 |
| British pound | Sell | Goldman Sachs | 10/10/2025 | 98000 | 132406 | 131806 | 600 |
| British pound | Sell | Goldman Sachs | 10/10/2025 | 1498000 | 2019929 | 2014756 | 5173 |
| British pound | Sell | Goldman Sachs | 10/10/2025 | 98000 | 132413 | 131806 | 607 |
| Canadian dollar | Sell | Goldman Sachs | 1/23/2026 | 2343000 | 1708899 | 1692300 | 16599 |
| Euro | Sell | Goldman Sachs | 11/21/2025 | 258000 | 304107 | 303794 | 313 |
| Euro | Sell | Goldman Sachs | 11/21/2025 | 125000 | 147930 | 147187 | 743 |
| *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts* |  | $209904 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward<br> Foreign<br> Currency<br> Exchange<br> Contracts** | **Transaction<br> Type** | **Counterparty** | **Expiration<br> Date** | **Foreign<br> Currency** | **U.S. $ Cost on<br> Origination<br> Date** | **U.S. $ Current<br> Value** | **Unrealized<br> Depreciation** |
| British pound | Buy | Goldman Sachs | 10/10/2025 | 161000 | $217961 | $216539 | $(1422) |
| Euro | Sell | Goldman Sachs | 11/21/2025 | 1770000 | 2065514 | 2084173 | (18659) |
| Euro | Sell | Goldman Sachs | 11/21/2025 | 151000 | 177710 | 177802 | (92) |
| *Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts* | *Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts* |  |  | $(20173) |

---

16 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

**Reverse Repurchase Agreement Payables as of September 30, 2025**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Principal** | **Collateral<br> Held by<br> Counterparty** | **Interest**<br> **Rate**<sup>(1)</sup> | **Trade<br> Date** | **Maturity<br> Date** | **Fair**<br> **Value**<sup>(2)</sup> |
| J.P. Morgan | $1502487 | $1,666,660 principal, ABPCI Direct Lending Fund CLO XVII LLC Series 2024-17A Class A1 at 6.146% due 8/1/2036, $1,669,430 fair value | 4.720% | 9/8/2025 | 10/8/2025 | $1507018 |
| J.P. Morgan | 1356604 | 1,498,192 principal, 37 Capital CLO 3 Ltd. Series 2023-1A Class A1R at 5.818% due 7/15/2038, $1,507,337 fair value | 4.700% | 9/8/2025 | 10/8/2025 | 1360678 |
| J.P. Morgan | 1580063 | 1,748,651 principal, Benefit Street Partners CLO XX Ltd. Series 2020-20A Class ARR at 5.58% due 7/15/2037, $1,755,626 fair value | 4.700% | 9/8/2025 | 10/8/2025 | 1584808 |
| J.P. Morgan | 990082 | 1,099,576 principal, Vibrant CLO XI Ltd. Series 2019-11A Class A1R2 at 5.937% due 7/20/2032, $1,100,091 fair value | 4.700% | 9/8/2025 | 10/8/2025 | 996408 |
| *Total* |  |  |  |  |  | $5448912 |

---

<sup>(1)</sup> The positive interest rate on the reverse repurchase agreement results in interest expense to the Fund.

<sup>(2)</sup> Total fair value of reverse repurchase agreement is presented net of interest payable of $4,531, $4,074, $4,745 and $6,326, respectively.

*See Notes to Schedule of Investments.* 17

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

The following is a summary of the inputs used as of September 30, 2025 in valuing the Fund's investments carried at fair value<sup>(1)</sup>:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type**<sup>(2)</sup> | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Long-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligation-Warehouse<sup>(3)</sup> | $– | $– | $11000000 | $11000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other |  | 38031799 | 5037500 | 43069299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remaining Industries |  | 14678826 |  | 14678826 |
| &nbsp;&nbsp;&nbsp;Corporate Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oil & Gas |  | 8592133 |  | 8592133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remaining Industries |  | 31310400 |  | 31310400 |
| &nbsp;&nbsp;&nbsp;Corporate Notes<sup>(4)</sup> |  |  | 4981500 | 4981500 |
| &nbsp;&nbsp;&nbsp;Floating Rate Loans<sup>(5)</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aerospace & Defense |  |  | 2480043 | 2480043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building Products |  |  | 1477500 | 1477500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Services & Supplies |  | 1000092 | 420205 | 1420297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples Distribution & Retail |  |  | 3326609 | 3326609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Consumer Services |  | 2028283 | 2460749 | 4489032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversified Financial Services |  |  | 74850 | 74850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Services |  |  | 4493982 | 4493982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care Equipment & Supplies |  |  | 2421390 | 2421390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care Providers & Services |  |  | 3447500 | 3447500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care Technology |  |  | 6962265 | 6962265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hotels, Restaurants & Leisure |  |  | 4808512 | 4808512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance |  |  | 2970000 | 2970000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Life Sciences Tools & Services |  |  | 3026143 | 3026143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Professional Services |  |  | 8025215 | 8025215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate Management & Development |  |  | 2494503 | 2494503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transportation Infrastructure |  |  | 2487500 | 2487500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remaining Industries |  | 6994297 |  | 6994297 |
| &nbsp;&nbsp;&nbsp;Non-Agency Commercial Mortgage-Backed Securities |  | 6339337 |  | 6339337 |
| **Short-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Commercial Paper |  | 499563 |  | 499563 |
| &nbsp;&nbsp;&nbsp;Money Market Mutual Funds | 4339317 |  |  | 4339317 |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | – | 3007911 | – | 3007911 |
| Total | $4339317 | $112482641 | $72395966 | $189217924 |

---

<br> 18 *See Notes to Schedule of Investments.*

**Schedule of Investments (unaudited)(continued)**

*September 30, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type**<sup>(2)</sup> | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrally Cleared Interest Rate Swap Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets | $– | $– | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities |  | (142652) |  | (142652) |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets |  | 209904 |  | 209904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities |  | (20173) |  | (20173) |
| &nbsp;&nbsp;&nbsp;&nbsp;Reverse Repurchase Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities | – | (5448912) | – | (5448912) |
| Total | $– | $(5401833) | $– | $(5401833) |

---

<sup>(1)</sup> Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.

<sup>(2)</sup> See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments.

<sup>(3)</sup> Level 3 includes unfunded commitments of $4,979,730.

<sup>(4)</sup> Level 3 includes unfunded commitments of $1,195,560.

<sup>(5)</sup> Level 3 includes unfunded commitments of $8,120,431.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund's net assets.

The following is a reconciliation of investments with unobservable inputs (Level 3) that were used in determining fair value:

---

| | | | |
|:---|:---|:---|:---|
| **Investment Type** | **Asset Backed<br> Securities**<sup>(a)</sup> | **Corporate<br> Notes**<sup>(b)</sup> | **Floating Rate<br> Loans**<sup>(c)</sup> |
| **Balance as of July 1, 2025** | $10000000 | $4959500 | $33305532 |
| Accrued Discounts (Premiums) |  | 1278 | 15138 |
| Realized Gain/(Loss) |  | (911) | 2891 |
| Change in Unrealized Appreciation/(Depreciation) | 37500 | 21633 | (112488) |
| Purchases | 6000000 |  | 19464795 |
| Sales |  |  | (1298902) |
| Transfers into Level 3 |  |  |  |
| Transfers out of Level 3 | – | – | – |
| **Balance as of September 30, 2025** | $16037500 | $4981500 | $51376966 |
| **Change in unrealized appreciation/ (depreciation) for the period ended September 30, 2025, related to the Level 3 investments held at September 30, 2025** | $37500 | $21633 | $(112488) |

---

<sup>(a)</sup> Includes unfunded commitments of $4,979,730.

<sup>(b)</sup> Includes unfunded commitments of $1,195,560.

<sup>(c)</sup> Includes unfunded commitments of $8,120,431.

<br> *See Notes to Schedule of Investments.* 19

**Schedule of Investments (unaudited)(concluded)**

*September 30, 2025*

The following table summarizes the significant unobservable inputs the Fund used to value its investments categorized within Level 3 as of September 30, 2025. In addition to the techniques and inputs noted in the table below, according to our valuation policy we may also use other valuation techniques and methodologies when determining our fair value measurements. The below table is not intended to be all-inclusive, but rather provide information on the significant unobservable inputs as they relate to the Fund's determination of fair values.

The unobservable inputs used in the fair value measurement of the Fund's Level 3 investments as of September 30, 2025 were as follows:

**Quantitative Information about Level 3 Fair Value Measurements**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Assets** | **9-30-2025<br> Fair Value ($)** | **Valuation<br> Technique(s)/<br> Methodologies** | **Unobservable<br> Input(s)** | **Range of<br> Unobservable<br> Input(s)<br> Utilized** | **Weighted<br> Average<br> Unobservable<br> Input(s)** |
| Asset-Backed Securities<sup>(a)</sup> | 11000000 | Market Approach | Transaction Price | N/A | N/A |
| Asset-Backed Securities | 5037500 | Income Approach | Discount Rate | 6.29% – 7.29% | 6.79% |
| Corporate Note<sup>(b)</sup> | 4981500 | Income Approach | Discount Rate | 6.21% – 6.98% | 6.52% |
| Floating Rate Loans<sup>(c)</sup> | 17875144 | Market Approach | Transaction Price | N/A | N/A |
| Floating Rate Loans<sup>(d)</sup> | 33501822 | Income Approach | Discount Rate | 7.75% – 11.13% | 9.30% |
| Total Level 3 | 72395966.00 |  |  |  |  |

---

<sup>(a)</sup> Includes unfunded loan commitments of $4,979,730

<sup>(b)</sup> Includes unfunded loan commitments of $1,195,560

<sup>(c)</sup> Includes unfunded loan commitments of $2,151,603

<sup>(d)</sup> Includes unfunded loan commitments of $5,968,828

The significant unobservable input used in the market approach is the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction. The significant unobservable input used in the income approach is the discount rate. The discount rate is used to discount the estimated future cash flows, which include both future principal and interest payments expected to be received from the underlying investment. An increase/decrease in the discount rate would result in a decrease/increase, respectively, in the fair value.

20 *See Notes to Schedule of Investments.*

**Notes to Schedule of Investments (unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **ORGANIZATION** 

Lord Abbett Flexible Income Fund (the "Fund") is a non-diversified, closed-end management investment company that continuously offers its shares (the "Shares") and is operated as an "interval fund." The Fund was organized as a Delaware statutory trust on December 15, 2023. The Fund commenced operations on February 19, 2025. The Fund's investment adviser is Lord Abbett FIF Advisor LLC (the "Adviser") and the Fund's sub-adviser is Apollo Credit Management, LLC (the "Sub-Adviser" and together with the Adviser, the "Advisers"). The Adviser is a wholly-owned subsidiary of Lord, Abbett & Co. LLC (together with the Adviser, "Lord Abbett"). The Sub-Adviser is an affiliate of Apollo Global Management, Inc. and its consolidated subsidiaries.

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **SIGNIFICANT ACCOUNTING POLICIES** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) **Investment Valuation** **–** Under
 procedures approved by the Fund's Board of Trustees (the "Board"), the Board has delegated the determination
 of fair value of the Fund's portfolio investments to the Adviser as its valuation designee. Accordingly, the Adviser
 is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair
 value methodologies, and evaluating pricing services. Lord Abbett has formed a pricing committee (the "Pricing Committee")
 that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments
 and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow the Adviser,
 subject to Board oversight, to utilize independent pricing services, quotations from securities and financial instrument
 dealers and other market sources to determine fair value. Securities that are actively traded on any recognized
 U.S. or non-U.S. exchange or on the NASDAQ stock Market LLC are valued at the last sale price or official closing price
 on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S.
 exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close
 of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria,
 the Pricing Committee uses a third-party fair valuation service that values such securities to reflect market trading
 that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate
 to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price
 is available, at the mean between the most recently quoted bid and ask prices. Fixed income securities are valued based
 on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuations and the
 independent pricing services' own electronic data processing techniques. Floating rate loans are valued at the average
 of bid and ask quotations obtained from dealers in loans on the basis of prices supplied by independent pricing services.
 Forward foreign currency exchange contracts are valued using daily forward exchange rates. Swaps, options and options
 on swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. Private investments are not anticipated to have readily
 available market values. Such investments are valued at fair value determined in good faith using observable and unobservable
 inputs and generally represent an estimate of a transactable level or "exit price". These investments are
 generally valued using one or more valuation methods including the market approach, the income approach and cost approach.
 The market approach considers factors including the price of recent investments in the same or a similar security or financial
 metrics of comparable securities. The income approach considers factors including expected

**Notes to Schedule of Investments (unaudited)(continued)**

---

| | |
|:---|:---|
|  | future cash flows, security specific risks and corresponding discount rates. The cost approach considers factors including the value of the security's underlying assets and liabilities. The Fund may use amortized cost as a pricing technique for investments that have recently transacted.<br>Investments may be valued using a range of fair valuations from an independent pricing service, including an external fair value specialist ("EFVS"). If the range of fair valuations received from an EFVS are determined to be materially different from recent transaction prices, fair value may be determined using both the transaction prices and the EFVS prices as inputs to the fair value for a reasonable period of time subject to the determination of the Pricing Committee. The Pricing Committee will determine the appropriate valuation methodology as outlined above for each private investment.<br>Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use related or comparable assets or liabilities, recent transactions, market multiples, book values, yield curves, broker quotes, observable trading activity, option adjusted spread models and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof regularly reviews fair value determinations made by the Pricing Committee and may employ techniques such as reviewing related market activity, reviewing inputs and assumptions, and retrospectively comparing prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee.<br>Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value. Investments in open-ended money market funds are valued at their net asset value as of the close of each business day.<br>|
| (b) | **Fair Value Measurements** **–**Fair value is defined as the price that Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk – for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is summarized in the three broad Levels listed below: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – unadjusted quoted prices in active markets for identical investments;

● Level 2 – other significant observable inputs (including quoted prices for similar investments, interest
 rates, prepayment speeds, credit risk, etc.); and

● Level 3 – significant unobservable inputs (including Fund's own assumptions in determining the fair
 value of investments).

**Notes to Schedule of Investments (unaudited)(concluded)**

---

| |
|:---|
| A summary of inputs used in valuing Fund's investments as of September 30, 2025 and, if applicable, Level 3 rollforwards for the period then ended is included in Fund's Schedule of Investments. |
| Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. |

---

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **FEDERAL TAX INFORMATION** 

It is the policy of the Fund to meet the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.

The Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The statute of limitations on Fund's filed U.S. federal tax returns remains open generally three years after the filing of the tax return. The statutes of limitations on Fund's state and local tax returns may remain open for an additional year depending upon the jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **SECURITIES LENDING AGREEMENT** 

The Fund has established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Funds' securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the on the next business day. As with other extensions of credit, the may experience a delay in the recovery of its securities or incur a loss should the borrower of the securities breach its agreement with the or the borrower becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan.

The initial collateral received by the is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.

As of September 30, 2025, the Fund did not have any securities on loan.

QPHR-LAFIF-1Q<br> (11/25)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Lord Abbett Flexible Income Fund

- **b. Investment Company Act file number:** 811-23923

- **c. CIK number of Registrant:** 0002005563

- **d. LEI of Registrant:** 2138005M12JBKV4MPA22

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

  - **Street Address 1:** 30 HUDSON STREET

  - **City:** JERSEY CITY

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07302

  - **Telephone number:** 888-522-2388

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

- **a. Name of Series:** Lord Abbett Flexible Income Fund

- **c. LEI of Series:** 2138005M12JBKV4MPA22

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $176483759.97

**Total Liabilities:** $18719367.36

**Net Assets:** $157764392.61

**Delayed Delivery Securities:** $2502410.00

**Cash Not Reported:** $1595952.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -160.45000000 | **1-Year:** -4379.20000000 | **5-Year:** -10240.80000000 | **10-Year:** -550.99000000 | **30-Year:** 0.00000000

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

- **3-Month:** -554.21000000 | **1-Year:** -7771.66000000 | **5-Year:** -27141.50000000 | **10-Year:** -6863.31000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.61%                | 0.77%                | 0.71%                |
| Class ID N/A | 0.62%                | 0.77%                | 0.62%                |
| Class ID N/A | 0.68%                | 0.83%                | 0.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30427.06                | $-454268.81                                |
| Month 2  | $103715.78               | $648873.53                                 |
| Month 3  | $30164.73                | $65631.48                                  |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

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

### Schedule of Portfolio Investments

| Name                                                       | Title                                                                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Trimaran CAVU Ltd                                          | Trimaran CAVU 2024-1 Ltd                                                                                      | CUSIP: 89625LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $254337.50    | 0.16%             | 2038-01-25      | Floating      | 10.57%                | No            |                  2 | On Loan: No      |
| ALGOMA STEEL INC                                           | Algoma Steel Inc                                                                                              | CUSIP: 01566MAD7<br>LEI: 5493006RXIB5GVHWJS53 | Long             | DBT              | CORP              | CA        |    555000 | PA      | $473453.96    | 0.30%             | 2029-04-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                   | Hilcorp Energy I LP / Hilcorp Finance Co                                                                      | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $356136.36    | 0.23%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Crown City CLO                                             | Crown City CLO IV                                                                                             | CUSIP: 228233AS1<br>LEI: 549300AGQI0XSPNAK945 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $503906.00    | 0.32%             | 2037-04-20      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED GBP / SOLD USD                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | GB        |         1 | NC      | $-1421.81     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Abry Liquid Credit CLO Ltd                                 | Abry Liquid Credit CLO 2025-1 Ltd                                                                             | CUSIP: 00383LAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002500.00   | 0.64%             | 2038-10-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                       | Flutter Financing BV 2024 Term Loan B                                                                         | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    997462 | PA      | $995965.74    | 0.63%             | 2030-11-30      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                           | Trinitas CLO XXVI Ltd                                                                                         | CUSIP: 89642MAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    250000 | PA      | $252504.25    | 0.16%             | 2038-07-20      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Sigma Irish Acquico Limited                                | Sigma Irish Acquico Limited 2025 EUR Term Loan B                                                              | CUSIP: 000000000<br>LEI: 254900JN2RI99LFCXX69 | Long             | LON              | CORP              | IE        |   1242249 | PA      | $1447524.78   | 0.92%             | 2032-02-27      | Floating      | 7.25%                 | No            |                  3 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD GBP                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $174776.12    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Avenue of Americas                                         | 1301 Trust 2025-AOA                                                                                           | CUSIP: 682461AJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    590000 | PA      | $592101.46    | 0.38%             | 2042-08-11      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                              | LGI Homes Inc                                                                                                 | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    509000 | PA      | $534676.51    | 0.34%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CAMBREX CORPORATION                                        | Cambrex Corporation 2025 Revolver                                                                             | CUSIP: 000000000<br>LEI: 4Q9DLX2VIFGJMOYJ4Y35 | Long             | LON              | CORP              | US        |    255102 | PA      | $255102.04    | 0.16%             | 2032-03-05      | Floating      | 4.50%                 | No            |                  3 | On Loan: No      |
| Vibrant CLO Ltd                                            | Vibrant CLO XI Ltd                                                                                            | CUSIP: 92558NAL6<br>LEI: 5493008IYL3HLPE46G85 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1100514.80   | 0.70%             | 2032-07-20      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                                | Tenneco Inc                                                                                                   | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350890.98    | 0.22%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                     | Comstock Resources Inc                                                                                        | CUSIP: 205768AU8<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    365000 | PA      | $363085.58    | 0.23%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Navesink CLO, Limited                                      | Navesink CLO 1 Ltd                                                                                            | CUSIP: 98886CAS5<br>LEI: 549300Z3UTJMSTE02P68 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001870.00   | 0.64%             | 2033-07-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corporation                        | Six Flags Entertainment Corporation 2024 Term Loan B                                                          | CUSIP: 15018LAN1<br>LEI: 529900AS2CYWYFHRS781 | Long             | LON              | CORP              | US        |   1000000 | PA      | $995000.00    | 0.63%             | 2031-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                             | Golub Capital Partners Clo 42M-R                                                                              | CUSIP: 381742AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1004929.00   | 0.64%             | 2036-01-20      | Floating      | 7.06%                 | Yes           |                  2 | On Loan: No      |
| SIGMA IRISH ACQUICO LIMITED                                | Sigma Irish Acquico Limited 2025 Delayed Draw Term Loan                                                       | CUSIP: 000000000<br>LEI: 254900JN2RI99LFCXX69 | Long             | LON              | CORP              | IE        |    453613 | PA      | $450211.06    | 0.29%             | 2032-03-19      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: B90968316 IRS USD R V 12MSOFR 490968318 CCPOIS / Short: B90968316 IRS USD P F  3.68500 490968317 CCPOIS | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DIR              |  | US        |   5753000 | OU      | $-33177.58    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| BORR IHC LTD / BORR FIN                                    | Borr IHC Ltd / Borr Finance LLC                                                                               | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    578659 | PA      | $576209.80    | 0.37%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                                                | Rad CLO 22 Ltd                                                                                                | CUSIP: 74923VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    570000 | PA      | $571567.50    | 0.36%             | 2037-01-20      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| PFP III                                                    | PFP 2025-12 Ltd                                                                                               | CUSIP: 69382JAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $502401.40    | 0.32%             | 2042-12-18      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                                   | Boost Newco Borrower LLC 2025 USD Term Loan B2                                                                | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    997494 | PA      | $1000092.20   | 0.63%             | 2031-01-31      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                                    | VistaJet Malta Finance PLC / Vista Management Holding Inc                                                     | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    450000 | PA      | $468886.32    | 0.30%             | 2028-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                     | Venture Global LNG Inc                                                                                        | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    425000 | PA      | $440202.25    | 0.28%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                                   | HPS Corporate Lending Fund                                                                                    | CUSIP: 40440VAQ8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    750000 | PA      | $746286.32    | 0.47%             | 2028-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| KOALA INVESTMENT HOLDINGS INC                              | Koala Investment Holdings Inc Delayed Draw Term Loan                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    452413 | PA      | $447888.74    | 0.28%             | 2032-08-29      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| CENTENE CORP                                               | Centene Corp                                                                                                  | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    750000 | PA      | $737113.01    | 0.47%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                     | EquipmentShare.com Inc                                                                                        | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    345000 | PA      | $365518.19    | 0.23%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| QTS Realty Trust, LLC                                      | QTS TL                                                                                                        | CUSIP: 000000000<br>LEI: 549300GWD2FYVWRWCZ90 | Long             | LON              | CORP              | US        |   3800000 | PA      | $3785940.00   | 2.40%             | 2028-10-31      | Floating      | 7.11%                 | No            |                  3 | On Loan: No      |
| SUNCOKE ENERGY INC                                         | SunCoke Energy Inc                                                                                            | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    385000 | PA      | $360194.64    | 0.23%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                               | AGL CLO 42 Ltd                                                                                                | CUSIP: 00791YAC2<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250694.50    | 0.16%             | 2038-07-22      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                   | F&G Annuities & Life Inc                                                                                      | CUSIP: 30190AAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $756071.32    | 0.48%             | 2028-01-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO 3, Ltd.                                    | HalseyPoint CLO 3 Ltd                                                                                         | CUSIP: 40638UBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $252731.75    | 0.16%             | 2037-07-30      | Floating      | 8.61%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD EUR                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $743.15       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                                       | GrubHub Holdings Inc                                                                                          | CUSIP: 40010PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73975 | PA      | $74199.87     | 0.05%             | 2030-07-31      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LTD                                      | Transocean Aquila Ltd                                                                                         | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    401308 | PA      | $413096.50    | 0.26%             | 2028-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                            | Gen Digital Inc 2021 Term Loan A                                                                              | CUSIP: 66877AAC2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |   1250000 | PA      | $1250000.00   | 0.79%             | 2027-09-10      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| LHS BORROWER LLC                                           | LHS BORROWER LLC 2025 TERM LOAN                                                                               | CUSIP: 000000000<br>LEI: 2549000R2CJY3YBDDU14 | Long             | LON              | CORP              | US        |   1388646 | PA      | $1367816.60   | 0.87%             | 2031-09-04      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| 37 Capital CLO Ltd                                         | 37 Capital CLO 3 Ltd                                                                                          | CUSIP: 88429RAN8<br>LEI: 549300FPWFXA3EQMFB71 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1509156.00   | 0.96%             | 2038-07-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| CT Technologies Intermediate Holdings, Inc.                | CT Technologies Intermediate Holdings Inc 2025 Incremental Delayed Draw Term Loan                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    731529 | PA      | $724213.61    | 0.46%             | 2031-09-02      | Floating      | 8.91%                 | No            |                  3 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                   | CHS/Community Health Systems Inc                                                                              | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    450000 | PA      | $358164.00    | 0.23%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ELK BIDCO INC                                              | ELK Bidco Inc Term Loan                                                                                       | CUSIP: 000000000<br>LEI: 213800L14KX5LFN52682 | Long             | LON              | CORP              | US        |   1791045 | PA      | $1782089.56   | 1.13%             | 2032-06-14      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                   | Warnermedia Holdings Inc                                                                                      | CUSIP: 55903VBB8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    750000 | PA      | $701250.00    | 0.44%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                                    | HPS Loan Management 2021-16 Ltd                                                                               | CUSIP: 40440XAQ4<br>LEI: 529900WV2JMUABMCHN18 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000894.00   | 0.63%             | 2035-01-23      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                   | APA Corp                                                                                                      | CUSIP: 03743QAX6<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487905.84    | 0.31%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALTA EQUIPMENT GROUP                                       | Alta Equipment Group Inc                                                                                      | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |    485000 | PA      | $453142.44    | 0.29%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                      | Nabors Industries Inc                                                                                         | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    364000 | PA      | $369763.21    | 0.23%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TierPoint Issuer LLC                                       | TierPoint Issuer LLC                                                                                          | CUSIP: 88651CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1016031.20   | 0.64%             | 2055-04-26      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO Limited                            | Bain Capital Credit Clo 2019-3 Ltd                                                                            | CUSIP: 05683TBG3<br>LEI: 549300434Q955VK1W392 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250289.50    | 0.16%             | 2034-10-21      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL SER                                   | Stellantis Financial Services US Corp                                                                         | CUSIP: 85855FAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $499951.04    | 0.32%             | 2028-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAP MARKETS                                     | Repsol E&P Capital Markets US LLC                                                                             | CUSIP: 76026AAA5<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200931.96    | 0.13%             | 2028-09-16      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                     | HAT Holdings I LLC / HAT Holdings II LLC                                                                      | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $520767.78    | 0.33%             | 2027-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED EUR / SOLD USD                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | XX        |         1 | NC      | $3091.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD GBP                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $8001.98      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| XPO INC                                                    | XPO Inc                                                                                                       | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510429.19    | 0.32%             | 2028-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                                       | Wabash National Corp                                                                                          | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |    510000 | PA      | $473824.17    | 0.30%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DEERFIELD DAKOTA HOLDING LLC                               | DEERFIELD DAKOTA HOLDING LLC 2025 TERM LOAN                                                                   | CUSIP: 000000000<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |   2742857 | PA      | $2715428.57   | 1.72%             | 2032-09-13      | Floating      | 7.06%                 | No            |                  3 | On Loan: No      |
| Greystone Commercial Real Estate Notes                     | Greystone CRE Notes 2025-FL4 LLC                                                                              | CUSIP: 39810MAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $503124.25    | 0.32%             | 2043-01-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Titan BW Borrower LP                                       | Titan BW Borrower LP Revolver                                                                                 | CUSIP: 000000000<br>LEI: 5493007L6S47Q14SL582 | Long             | LON              | CORP              | US        |    337838 | PA      | $334459.46    | 0.21%             | 2032-07-22      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| ONE CALL CORPORATION                                       | ONE CALL CORPORATION 2025 REVOLVER                                                                            | CUSIP: 000000000<br>LEI: 549300WUCCV86ZQHG041 | Long             | LON              | CORP              | US        |    230263 | PA      | $226809.21    | 0.14%             | 2030-09-02      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| WISDOM PURCHASER LLC                                       | Wisdom Purchaser LLC Revolver                                                                                 | CUSIP: 000000000<br>LEI: 254900AVTCRGRYE7QX20 | Long             | LON              | CORP              | US        |    187500 | PA      | $186562.50    | 0.12%             | 2032-07-26      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| The BAHA Trust                                             | BAHA Trust 2024-MAR                                                                                           | CUSIP: 05493XAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $521903.70    | 0.33%             | 2041-12-10      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                   | Ford Motor Credit Co LLC                                                                                      | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1082531.30   | 0.69%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                    | JP Morgan REPO 4.72% 10-8-2025                                                                                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Short            | RA               | CORP              | US        |  -1502487 | PA      | $-1502487.26  | -0.95%            |  |  |  | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                                           | AMC Networks Inc                                                                                              | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    456000 | PA      | $480909.00    | 0.30%             | 2029-01-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Regatta XVI Funding Ltd.                                   | Regatta XVI Funding Ltd                                                                                       | CUSIP: 75888TAS4<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $300285.30    | 0.19%             | 2033-01-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                          | Rakuten Group Inc                                                                                             | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    475000 | PA      | $534548.28    | 0.34%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| LFT CRE LLC                                                | LFT CRE 2021-FL1 Ltd                                                                                          | CUSIP: 50203JAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $348333.93    | 0.22%             | 2039-06-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| CT Technologies Intermediate Holdings, Inc.                | CT Technologies Intermediate Holdings, Inc. 2025 Synthetic Delayed Draw Term Loan 1                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    111558 | PA      | $111558.16    | 0.07%             | 2031-09-02      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| eStruxture Issuer Limited Partnership                      | eStruxture Issuer LP                                                                                          | CUSIP: 000000000<br>LEI: 8945009YAF8AMRRYIY30 | Long             | ABS-O            | CORP              | CA        |   2300000 | PA      | $1675349.29   | 1.06%             | 2055-07-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUND TRUST II                                    | Alexander Funding Trust II                                                                                    | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $497398.72    | 0.32%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| CT Technologies Intermediate Holdings, Inc.                | CT Technologies Intermediate Holdings Inc 2025 Revolver                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    365764 | PA      | $362106.80    | 0.23%             | 2031-08-30      | Floating      | 5.00%                 | No            |                  3 | On Loan: No      |
| Anchorage Capital CLO LTD                                  | Anchorage Capital CLO 7 Ltd                                                                                   | CUSIP: 03328TBU8<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-CBDO         | CORP              | KY        |    674000 | PA      | $676436.51    | 0.43%             | 2037-04-28      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| ONE Park Mortgage Trust                                    | ONE 2021-PARK Mortgage Trust                                                                                  | CUSIP: 682413AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $493062.90    | 0.31%             | 2036-03-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| DRS Holdings III Inc                                       | DRS Holdings III Inc 2025 Term Loan                                                                           | CUSIP: 000000000<br>LEI: 254900H1J16QBYT7T267 | Long             | LON              | CORP              | US        |   2290933 | PA      | $2279478.57   | 1.44%             | 2028-11-01      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| VNOM SUB INC                                               | Vnom Sub Inc                                                                                                  | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500400.00    | 0.32%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TULIP BIDCO LIMITED                                        | Tulip Bidco Limited GBP PIK Incremental Acquisition Facility                                                  | CUSIP: 000000000<br>LEI: 213800S16LKPZSY56226 | Long             | LON              | CORP              | GB        |   1900000 | PA      | $2516979.36   | 1.60%             | 2027-12-13      | Floating      | 9.08%                 | No            |                  3 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD EUR                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $312.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional U.S. Government Money Market Fund                                                  | CUSIP: 000000000<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   4339317 | NS      | $4339316.79   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMBREX CORPORATION                                        | Cambrex Corporation 2025 Unitranche Term Loan                                                                 | CUSIP: 000000000<br>LEI: 4Q9DLX2VIFGJMOYJ4Y35 | Long             | LON              | CORP              | US        |   1953353 | PA      | $1953352.77   | 1.24%             | 2032-03-05      | Floating      | 8.66%                 | No            |                  3 | On Loan: No      |
| BCP MODULAR SERVICES                                       | BCP V Modular Services Finance II PLC                                                                         | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    380000 | PA      | $479551.03    | 0.30%             | 2028-11-30      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| EAGLE BIDCO LIMITED                                        | EAGLE BIDCO LIMITED 2025 GBP TERM LOAN B                                                                      | CUSIP: 000000000<br>LEI: 213800YANPDABTN5JJ43 | Long             | LON              | CORP              | GB        |   1500000 | PA      | $2028283.24   | 1.29%             | 2032-02-20      | Floating      | 8.72%                 | No            |                  3 | On Loan: No      |
| PALOMINO FUNDING TRUST I                                   | Palomino Funding Trust I                                                                                      | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $488416.58    | 0.31%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                    | Crescent Energy Finance LLC                                                                                   | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    274000 | PA      | $284663.26    | 0.18%             | 2028-02-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                                           | Trinitas CLO XXVII LTD                                                                                        | CUSIP: 89642VAJ7<br>LEI: 254900JOSDBR04E6JB79 | Long             | ABS-CBDO         | CORP              | KY        |    370000 | PA      | $373922.37    | 0.24%             | 2037-04-18      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                     | SCIH Salt Holdings Inc                                                                                        | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $260041.73    | 0.16%             | 2029-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VFI ABS LLC                                                | VFI ABS 2025-1 LLC                                                                                            | CUSIP: 91824UAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    863000 | PA      | $869279.02    | 0.55%             | 2031-04-24      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MAXIM CRANE WORKS LLC                                      | Maxim Crane Works Holdings Capital LLC                                                                        | CUSIP: 57779EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $222833.32    | 0.14%             | 2028-09-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                             | US Bank NA                                                                                                    | CUSIP: 90357PBE3<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |    383874 | PA      | $383460.77    | 0.24%             | 2032-02-25      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| EMPIRE RESORTS INC                                         | Empire Resorts Inc                                                                                            | CUSIP: 292052AF4<br>LEI: 549300WBFN23L9HI5N68 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224374.61    | 0.14%             | 2026-11-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CTM CLO Ltd                                                | CTM CLO 2025-1 Ltd                                                                                            | CUSIP: 12719PAG6<br>LEI: 254900KXN2P7HDYVVW84 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400336.40    | 0.25%             | 2038-07-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| 1345 Trust                                                 | 1345T 2025-AOA                                                                                                | CUSIP: 68271CAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $502219.60    | 0.32%             | 2042-06-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| CAJUN GLOBAL LLC                                           | Cajun Global LLC                                                                                              | CUSIP: 12803VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    535150 | PA      | $528277.55    | 0.33%             | 2051-11-20      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Cherry Securitization Trust                                | Cherry Securitization Trust 2025-1                                                                            | CUSIP: 16473RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1016986.90   | 0.64%             | 2032-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                            | Benefit Street Partners CLO XX Ltd                                                                            | CUSIP: 08182FAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1756980.75   | 1.11%             | 2037-07-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE ISSUER                                 | Elara Hgv Timeshare Issuer 2025-A LLC                                                                         | CUSIP: 28416VAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249107.94    | 0.16%             | 2040-01-25      | Fixed         | 6.91%                 | No            |                  2 | On Loan: No      |
| ANGI GROUP LLC                                             | ANGI Group LLC                                                                                                | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $366892.50    | 0.23%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                                     | Mauser Packaging Solutions Holding Co                                                                         | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    360000 | PA      | $361127.88    | 0.23%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                    | JP Morgan REPO 4.7% 10-8-2025                                                                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Short            | RA               | CORP              | US        |   -990082 | PA      | $-990081.64   | -0.63%            |  |  |  | No            |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                            | TEXAS Commercial Mortgage Trust 2025-TWR                                                                      | CUSIP: 88231WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $500188.05    | 0.32%             | 2042-04-15      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                             | Golub Capital Partners CLO 65M                                                                                | CUSIP: 38180YAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1510114.50   | 0.96%             | 2037-04-20      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| Sigma Irish Acquico Limited                                | Sigma Irish Acquico Limited 2025 USD Term Loan B                                                              | CUSIP: 000000000<br>LEI: 254900JN2RI99LFCXX69 | Long             | LON              | CORP              | IE        |   1304138 | PA      | $1294356.81   | 0.82%             | 2032-03-19      | Floating      | 9.37%                 | No            |                  3 | On Loan: No      |
| Project Panama SPV LLC 2024-1                              | PROJECT PANAMA SPV LLC 2024-1                                                                                 | CUSIP: 74290GAA6<br>LEI: 254900DIYFLLMUCNDL40 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5037500.00   | 3.19%             | 2027-12-23      | Fixed         | 7.48%                 | Yes           |                  3 | On Loan: No      |
| DEERFIELD DAKOTA HOLDING LLC                               | DEERFIELD DAKOTA HOLDING LLC 2025 REVOLVER                                                                    | CUSIP: 000000000<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |    257143 | PA      | $254571.43    | 0.16%             | 2032-09-13      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| WISDOM PURCHASER LLC                                       | Wisdom Purchaser LLC Term Loan                                                                                | CUSIP: 000000000<br>LEI: 254900AVTCRGRYE7QX20 | Long             | LON              | CORP              | US        |   1812500 | PA      | $1803437.50   | 1.14%             | 2032-07-26      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| BX Trust                                                   | BX Trust 2025-VLT7                                                                                            | CUSIP: 123913AJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $503918.80    | 0.32%             | 2044-07-15      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                                   | Patterson-UTI Energy Inc                                                                                      | CUSIP: 703481AB7<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977026.17    | 0.62%             | 2028-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CURALEAF HOLDING INC                                       | Curaleaf Holdings Inc                                                                                         | CUSIP: 23126MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    315000 | PA      | $304762.50    | 0.19%             | 2026-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Antares CLO Ltd.                                           | ANTR 2017-2A DRR                                                                                              | CUSIP: 03665ABA4<br>LEI: 254900SA66D4HCQ5JK73 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1525125.00   | 0.97%             | 2037-04-20      | Floating      | 8.17%                 | Yes           |                  2 | On Loan: No      |
| MAXEDA DIY HOLDING BV                                      | Maxeda DIY Holding BV                                                                                         | CUSIP: 000000000<br>LEI: 724500KEZU4CPEQLGZ87 | Long             | DBT              | CORP              | NL        |    240000 | PA      | $264083.28    | 0.17%             | 2026-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                   | Univision Communications Inc                                                                                  | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    355000 | PA      | $368136.78    | 0.23%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                   | Sinclair Television Group Inc                                                                                 | CUSIP: 829259AW0<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350367.50    | 0.22%             | 2027-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NMFC Senior Loan Program IV LLC                            | NMFC Senior Loan Program IV LLC Class B Term Loan 1                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3000000 | PA      | $3000000.00   | 1.90%             | 2028-08-07      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| CITIGROUP INC                                              | Citigroup Inc                                                                                                 | CUSIP: 172967QG9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    750000 | PA      | $751508.73    | 0.48%             | 2031-09-11      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| DailyPay Securitization Trust                              | DailyPay Securitization Trust 2025-1                                                                          | CUSIP: 233824AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007077.60   | 0.64%             | 2028-06-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Sandstone Peak, Ltd                                        | Sandstone Peak III Ltd                                                                                        | CUSIP: 799929AA2<br>LEI: 2549005C0PJHMYEI7U38 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $254278.75    | 0.16%             | 2037-04-25      | Floating      | 11.40%                | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                                      | KKR CLO 61 LTD                                                                                                | CUSIP: 48257CAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $251804.25    | 0.16%             | 2037-07-15      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC                                            | NGPL PipeCo LLC                                                                                               | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    750000 | PA      | $751968.41    | 0.48%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                                   | Aston Martin Capital Holdings Ltd                                                                             | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |    385000 | PA      | $377298.38    | 0.24%             | 2029-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| LSB INDUSTRIES                                             | LSB Industries Inc                                                                                            | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |    310000 | PA      | $306068.33    | 0.19%             | 2028-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD CAD                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $16598.78     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD GBP                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $5173.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NMFC Senior Loan Program IV LLC                            | NMFC Senior Loan Program IV LLC Class B Term Loan                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1979730 | PA      | $1979729.73   | 1.25%             | 2028-07-11      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| FMC CORP                                                   | FMC Corp                                                                                                      | CUSIP: 34410WX72<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499562.50    | 0.32%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                          | Sierra Timeshare 2024-2 Receivables Funding LLC                                                               | CUSIP: 82650DAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    689750 | PA      | $702159.75    | 0.45%             | 2041-06-20      | Fixed         | 7.48%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD GBP                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $599.87       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSOCIATIONS INC                                           | Associations Inc 2024 2nd Amendment Revolver                                                                  | CUSIP: 000000000<br>LEI: 5493002YPB5JWSX8PX14 | Long             | LON              | CORP              | US        |    136842 | PA      | $136841.73    | 0.09%             | 2028-07-03      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                    | Park River Holdings Inc                                                                                       | CUSIP: 70082LAB3<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396517.76    | 0.25%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC NATIONAL FINANCE                                   | Pacific National Finance Pty Ltd                                                                              | CUSIP: 000000000<br>LEI: 213800SSTRDXLWWVF948 | Long             | DBT              | CORP              | AU        |    700000 | PA      | $691410.65    | 0.44%             | 2028-03-22      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| DRS Holdings III Inc                                       | DRS Holdings III Inc 2025 Revolver                                                                            | CUSIP: 000000000<br>LEI: 254900H1J16QBYT7T267 | Long             | LON              | CORP              | US        |    142624 | PA      | $141911.17    | 0.09%             | 2028-11-01      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| SCG Hotel Issuer Inc                                       | SCG Trust 2025-SNIP                                                                                           | CUSIP: 78398JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $600373.74    | 0.38%             | 2030-09-15      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| ABPCI Direct Lending Fund CLO Ltd                          | ABPCI Direct Lending Fund CLO XVII LLC                                                                        | CUSIP: 00112AAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1667000 | PA      | $1669770.55   | 1.06%             | 2036-08-01      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Madison Avenue Trust                                       | MAD Commercial Mortgage Trust 2025-11MD                                                                       | CUSIP: 55616AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $402311.08    | 0.26%             | 2042-10-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| SESAC Finance, LLC                                         | Sesac Finance LLC                                                                                             | CUSIP: 78396YAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $998416.70    | 0.63%             | 2055-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Post Road Equipment Finance                                | Post Road Equipment Finance 2025-1 LLC                                                                        | CUSIP: 73747LAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $301789.62    | 0.19%             | 2031-05-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| ASSOCIATIONS INC                                           | Associations Inc 2024 Special Purpose Delayed Draw Term Loan                                                  | CUSIP: 000000000<br>LEI: 5493002YPB5JWSX8PX14 | Long             | LON              | CORP              | US        |    170298 | PA      | $170723.34    | 0.11%             | 2028-07-03      | Floating      | 11.08%                | No            |                  3 | On Loan: No      |
| Accommodations Plus Technologies Holdings LLC              | Accommodations Plus Technologies Holdings LLC 2025 Revolver                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    333333 | PA      | $330000.00    | 0.21%             | 2032-05-28      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| OPEN TEXT CORP                                             | Open Text Corp                                                                                                | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $520773.40    | 0.33%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities XXVII CLO B LLC              | Fortress Credit Opportunities XXVII CLO B LLC Mezzanine                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5000000 | PA      | $5000000.00   | 3.17%             | 2033-12-30      | Floating      | 8.32%                 | No            |                  3 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                                   | Team Health Holdings Inc                                                                                      | CUSIP: 87817AAE7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |    337000 | PA      | $344555.54    | 0.22%             | 2028-06-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CT Technologies Intermediate Holdings, Inc.                | CT Technologies Intermediate Holdings Inc 2025 Incremental Term Loan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1280176 | PA      | $1267373.81   | 0.80%             | 2031-09-02      | Floating      | 8.91%                 | No            |                  3 | On Loan: No      |
| Harvest US CLO Ltd                                         | Harvest US CLO 2024-1 Ltd                                                                                     | CUSIP: 41755XAA6<br>LEI: 213800RQBB83K4W6BX61 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $255315.25    | 0.16%             | 2037-04-18      | Floating      | 11.75%                | No            |                  2 | On Loan: No      |
| Bellis Acquisition Company PLC                             | Bellis Acquisition Company PLC 2023 GBP Incremental Term Loan                                                 | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | LON              | CORP              | GB        |   2500000 | PA      | $3326608.84   | 2.11%             | 2029-10-22      | Floating      | 10.48%                | No            |                  3 | On Loan: No      |
| GANNETT HOLDINGS LLC                                       | Gannett Holdings LLC 2024 Term Loan                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2366911 | PA      | $2355573.85   | 1.49%             | 2029-10-15      | Floating      | 9.19%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                   | Occidental Petroleum Cor 2 Year Term Loan                                                                     | CUSIP: 67460TAR9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | LON              | CORP              | US        |    400000 | PA      | $400500.00    | 0.25%             | 2025-12-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                     | CVS Pass-Through Trust                                                                                        | CUSIP: 126650AW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675644 | PA      | $675835.10    | 0.43%             | 2027-01-11      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Titan BW Borrower LP                                       | Titan BW Borrower LP Delayed Draw Term Loan                                                                   | CUSIP: 000000000<br>LEI: 5493007L6S47Q14SL582 | Long             | LON              | CORP              | US        |    168919 | PA      | $167229.73    | 0.11%             | 2032-07-24      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| CHAMPIONS FINANCING INC                                    | Champions Financing Inc                                                                                       | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |    375000 | PA      | $362474.48    | 0.23%             | 2029-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD EUR                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $-18658.90    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Accommodations Plus Technologies Holdings LLC              | Accommodations Plus Technologies Holdings LLC 2025 Term Loan                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2161250 | PA      | $2139637.50   | 1.36%             | 2032-05-28      | Floating      | 8.70%                 | No            |                  3 | On Loan: No      |
| Antares CLO Ltd.                                           | ANTR 2017-2A CRR                                                                                              | CUSIP: 03665AAY3<br>LEI: 254900SA66D4HCQ5JK73 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1502554.50   | 0.95%             | 2037-04-20      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| SCALELOGIX ABS US ISSUER, LLC                              | Scalelogix Abs Us Issuer LLC                                                                                  | CUSIP: 80587FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1002284.40   | 0.64%             | 2055-07-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                             | US Bank NA                                                                                                    | CUSIP: 90357PBG8<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |    383874 | PA      | $385966.23    | 0.24%             | 2032-02-25      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                      | American Airlines Inc                                                                                         | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    290000 | PA      | $297334.10    | 0.19%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRULIEVE CANNABIS CORP                                     | Trulieve Cannabis Corp                                                                                        | CUSIP: 89788CAD6<br>LEI: 549300122MBOJDGEZ014 | Long             | DBT              | CORP              | CA        |    290000 | PA      | $289547.60    | 0.18%             | 2026-10-06      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION / TITAN                                    | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                                                   | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    340000 | PA      | $355789.93    | 0.23%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                                  | Sotheby's                                                                                                     | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300654.57    | 0.19%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LHS BORROWER LLC                                           | LHS BORROWER LLC 2025 REVOLVER                                                                                | CUSIP: 000000000<br>LEI: 2549000R2CJY3YBDDU14 | Long             | LON              | CORP              | US        |    111354 | PA      | $109683.40    | 0.07%             | 2031-09-04      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| Synovus Financial Corp                                     | Synovus Financial Corp                                                                                        | CUSIP: 87161CAM7<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |    600000 | PA      | $632806.34    | 0.40%             | 2029-02-07      | Fixed         | 7.54%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                               | Huntington Bank Auto Credit-Linked Notes Series 2024-1                                                        | CUSIP: 44644NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    508443 | PA      | $521080.54    | 0.33%             | 2032-05-20      | Floating      | 9.64%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                             | Golub Capital Partners CLO 69M                                                                                | CUSIP: 38179UAB4<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3007425.00   | 1.91%             | 2036-11-09      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: B90968311 IRS USD R V 12MSOFR 490968313 CCPOIS / Short: B90968311 IRS USD P F  3.75600 490968312 CCPOIS | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DIR              |  | US        |  15100000 | OU      | $-36854.70    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Perimeter Master Note Business Trust                       | Perimeter Master Note Business Trust                                                                          | CUSIP: 71384PBC4<br>LEI: 5493005H6EB040833X54 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1003917.60   | 0.64%             | 2030-12-16      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                   | EQT Corp                                                                                                      | CUSIP: 26884LBH1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019473.33   | 0.65%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLDENEYE PARENT LLC                                       | Goldeneye Parent LLC Term Loan                                                                                | CUSIP: 38135RAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2178352 | PA      | $2189243.36   | 1.39%             | 2032-03-31      | Floating      | 9.16%                 | No            |                  3 | On Loan: No      |
| CI (MG) Group, LLC                                         | CI (MG) Group LLC 2025 Revolver                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    168919 | PA      | $166706.08    | 0.11%             | 2030-03-27      | Floating      | 9.50%                 | No            |                  3 | On Loan: No      |
| Vibrant CLO Ltd                                            | Vibrant Clo XR Ltd                                                                                            | CUSIP: 92563MAJ6<br>LEI: 254900WDQ070GAG88491 | Long             | ABS-CBDO         | CORP              | JE        |    580000 | PA      | $587145.02    | 0.37%             | 2036-04-20      | Floating      | 9.32%                 | No            |                  2 | On Loan: No      |
| ALA Trust                                                  | ALA Trust 2025-OANA                                                                                           | CUSIP: 009920AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $505024.70    | 0.32%             | 2040-06-15      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| BSTN Commercial Mortgage Trust                             | BSTN Commercial Mortgage Trust 2025-1C                                                                        | CUSIP: 05615EAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $516096.50    | 0.33%             | 2044-06-15      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                             | Hertz Corp/The                                                                                                | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    480000 | PA      | $509321.76    | 0.32%             | 2029-07-15      | Fixed         | 12.62%                | No            |                  2 | On Loan: No      |
| Vibrant CLO Ltd                                            | Vibrant CLO XVI Ltd                                                                                           | CUSIP: 925930BA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250674.00    | 0.16%             | 2036-07-15      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| KOALA INVESTMENT HOLDINGS INC                              | Koala Investment Holdings Inc Term Loan                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2346515 | PA      | $2323049.59   | 1.47%             | 2032-08-29      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| OB Global Openbet Holdings 2 LLC                           | OB Global Openbet Holdings 2 LLC Term Loan                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2362500 | PA      | $2338875.00   | 1.48%             | 2029-09-24      | Floating      | 10.00%                | No            |                  3 | On Loan: No      |
| Silver Point CLO, Ltd                                      | Silver Point CLO 9 Ltd                                                                                        | CUSIP: 82810LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $256867.75    | 0.16%             | 2038-03-31      | Floating      | 11.19%                | No            |                  2 | On Loan: No      |
| STONEGATE PUB FIN                                          | Stonegate Pub Co Financing 2019 PLC                                                                           | CUSIP: 000000000<br>LEI: 254900L5266ML3505282 | Long             | DBT              | CORP              | GB        |    210000 | PA      | $284219.61    | 0.18%             | 2029-07-31      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| ICG US CLO Ltd                                             | ICG US CLO 2025-1 Ltd                                                                                         | CUSIP: 448982AJ7<br>LEI: 213800BCHLSBMDBGXD58 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $755394.75    | 0.48%             | 2038-07-25      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: B11228056 IRS USD R V 12MSOFR 511228058 CCPOIS / Short: B11228056 IRS USD P F  3.39600 511228057 CCPOIS | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DIR              |  | US        |   4145000 | OU      | $3677.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion CLO Ltd.                                             | Orion CLO 2024-3 Ltd                                                                                          | CUSIP: 68626BAE6<br>LEI: 213800ZBDSVKWOW3O877 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $502307.50    | 0.32%             | 2037-07-25      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| RR Donnelley & Sons Company                                | RR Donnelley & Sons Company 2024 Term Loan                                                                    | CUSIP: 000000000<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | LON              | CORP              | US        |    424450 | PA      | $420205.35    | 0.27%             | 2029-08-08      | Floating      | 8.91%                 | No            |                  3 | On Loan: No      |
| MINERAL RESOURCES LTD                                      | Mineral Resources Ltd                                                                                         | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    280000 | PA      | $293736.52    | 0.19%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                         | F&G Global Funding                                                                                            | CUSIP: 30321L2L5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    833000 | PA      | $839986.09    | 0.53%             | 2028-09-08      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| ELK BIDCO INC                                              | ELK Bidco Inc Delayed Draw Term Loan                                                                          | CUSIP: 000000000<br>LEI: 213800L14KX5LFN52682 | Long             | LON              | CORP              | US        |    373134 | PA      | $371268.66    | 0.24%             | 2032-06-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Bryant Park Funding Ltd                                    | Bryant Park Funding 2023-20 Ltd                                                                               | CUSIP: 117919AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $351589.00    | 0.22%             | 2038-04-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| BSFR II UTE I LLC                                          | BSFR II UTE LLC REVOLVER                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     75000 | PA      | $74850.00     | 0.05%             | 2028-03-24      | Floating      | 5.80%                 | No            |                  3 | On Loan: No      |
| Harp Finco Limited                                         | Harp Finco Limited GBP Term Loan                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   1500000 | PA      | $1977002.22   | 1.25%             | 2032-03-27      | Floating      | 9.47%                 | No            |                  3 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD EUR                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $-92.77       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-1A PTT                                     | Air Canada 2015-1 Class A Pass Through Trust                                                                  | CUSIP: 009090AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    394502 | PA      | $388815.77    | 0.25%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PACIOLI UK MIDCO LIMITED                                   | Pacioli UK Midco Limited GBP Term Loan B                                                                      | CUSIP: 000000000<br>LEI: 213800HIVRFODJ1MZF26 | Long             | LON              | CORP              | GB        |   1410000 | PA      | $1863122.86   | 1.18%             | 2032-04-14      | Floating      | 8.97%                 | No            |                  3 | On Loan: No      |
| ONE CALL CORPORATION                                       | ONE CALL CORPORATION 2025 TERM LOAN                                                                           | CUSIP: 000000000<br>LEI: 549300WUCCV86ZQHG041 | Long             | LON              | CORP              | US        |   3269737 | PA      | $3220690.79   | 2.04%             | 2030-09-02      | Floating      | 9.91%                 | No            |                  3 | On Loan: No      |
| CAMBREX CORPORATION                                        | Cambrex Corporation 2025 Delayed Draw Term Loan                                                               | CUSIP: 000000000<br>LEI: 4Q9DLX2VIFGJMOYJ4Y35 | Long             | LON              | CORP              | US        |    291545 | PA      | $291545.19    | 0.18%             | 2032-03-05      | Fixed         | 1.00%                 | No            |                  3 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                                    | Virgin Media Vendor Financing Notes III DAC                                                                   | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |    475000 | PA      | $624714.76    | 0.40%             | 2028-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                    | JP Morgan REPO 4.2% 10-1-2025                                                                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |   2700000 | PA      | $2700000.00   | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Loan Obligation Ltd            | Arbor Realty Collateralized Loan Obligation Ltd                                                               | CUSIP: 03881UAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $500555.55    | 0.32%             | 2041-01-20      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                       | Charter Communications Operating LLC 2023 Term Loan B4                                                        | CUSIP: 16117LCB3<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    997462 | PA      | $997257.45    | 0.63%             | 2030-12-07      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| QualityTech LP                                             | QualityTech LP 2025 Upsize Revolver 2                                                                         | CUSIP: 000000000<br>LEI: 549300GWD2FYVWRWCZ90 | Long             | LON              | CORP              | US        |   1200000 | PA      | $1195560.00   | 0.76%             | 2030-08-01      | Floating      | 7.39%                 | No            |                  3 | On Loan: No      |
| Goldman Sachs Bank USA                                     | PURCHASED USD / SOLD GBP                                                                                      | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $607.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hardee's Funding                                           | Hardee's Funding LLC                                                                                          | CUSIP: 411707AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    279000 | PA      | $278341.28    | 0.18%             | 2048-06-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                       | Talos Production Inc                                                                                          | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    520000 | PA      | $538076.76    | 0.34%             | 2029-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                            | SEB Funding LLC                                                                                               | CUSIP: 78433DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    513712 | PA      | $508461.23    | 0.32%             | 2052-01-30      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                               | ARES LX CLO LTD                                                                                               | CUSIP: 04018FAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751274.25    | 0.48%             | 2034-07-18      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                   | Ford Motor Credit Co LLC                                                                                      | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260791.09    | 0.17%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                         | Kennedy-Wilson Inc                                                                                            | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    390000 | PA      | $372961.56    | 0.24%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                      | Antero Resources Corp                                                                                         | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    700000 | PA      | $715318.80    | 0.45%             | 2029-02-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                               | Huntington Bank Auto Credit-Linked Notes Series 2024-2                                                        | CUSIP: 44644NAK5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    317187 | PA      | $320749.49    | 0.20%             | 2032-10-20      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| Arini US CLO Limited                                       | Arini US CLO I Ltd                                                                                            | CUSIP: 04039AAE4<br>LEI: 2549005XY5NLS2UWEM64 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1017208.00   | 0.64%             | 2038-04-15      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                   | Trident TPI Holdings Inc                                                                                      | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |    215000 | PA      | $229512.29    | 0.15%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                      | Freedom Mortgage Holdings LLC                                                                                 | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    505000 | PA      | $531732.48    | 0.34%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Island Finance Trust 2025-1                                | Island Finance Trust 2025-1                                                                                   | CUSIP: 463920AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1150000 | PA      | $1168985.24   | 0.74%             | 2035-03-19      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| GOLDENEYE PARENT LLC                                       | Goldeneye Parent LLC Revolver                                                                                 | CUSIP: 38135RAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    316189 | PA      | $317769.81    | 0.20%             | 2032-03-31      | Fixed         | 0.38%                 | No            |                  3 | On Loan: No      |
| ARES CLO Ltd                                               | ARES LII CLO Ltd                                                                                              | CUSIP: 04009ABE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500305.00    | 0.32%             | 2031-04-22      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Grantor Trust                | Pagaya Point of Sale Holdings Grantor Trust 2025-1                                                            | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $506074.00    | 0.32%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                             | Golub Capital Partners CLO 65M                                                                                | CUSIP: 38180YAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1524375.00   | 0.97%             | 2037-04-20      | Floating      | 8.17%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                           | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $763621.28    | 0.48%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ELK BIDCO INC                                              | ELK Bidco Inc Revolver                                                                                        | CUSIP: 000000000<br>LEI: 213800L14KX5LFN52682 | Long             | LON              | CORP              | US        |    335821 | PA      | $334141.79    | 0.21%             | 2032-06-14      | Fixed         | 0.38%                 | No            |                  3 | On Loan: No      |
| ZF NA CAPITAL                                              | ZF North America Capital Inc                                                                                  | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    455000 | PA      | $461647.55    | 0.29%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                                       | GrubHub Holdings Inc                                                                                          | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                      | Level 3 Financing Inc                                                                                         | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    395000 | PA      | $371292.77    | 0.24%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                      | Civitas Resources Inc                                                                                         | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    496000 | PA      | $514748.30    | 0.33%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Audax Senior Debt CLO, LLC                                 | Audax Senior Debt Clo 8 LLC                                                                                   | CUSIP: 05070WAC7<br>LEI: 254900IA8H0BF2UXPL13 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $3001296.00   | 1.90%             | 2035-10-20      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| BHMS Mortgage Trust                                        | BHMS Commercial Mortgage Trust 2025-ATLS                                                                      | CUSIP: 088928AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $703381.49    | 0.45%             | 2042-08-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                                       | Saturn Oil & Gas Inc                                                                                          | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |    495000 | PA      | $513209.74    | 0.33%             | 2029-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Continental Finance Credit Credit Card ABS Master Trust    | Continental Finance Credit Card ABS Master Trust                                                              | CUSIP: 66981PAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $762189.15    | 0.48%             | 2032-12-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| CI (MG) Group, LLC                                         | CI (MG) Group LLC 2025 Term Loan                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1581081 | PA      | $1560368.92   | 0.99%             | 2030-03-27      | Floating      | 9.50%                 | No            |                  3 | On Loan: No      |
| Bluemountain CLO Ltd                                       | BlueMountain CLO 2018-3 Ltd                                                                                   | CUSIP: 09630AAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501591.50    | 0.32%             | 2030-10-25      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                   | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                            | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    750000 | PA      | $743983.75    | 0.47%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                    | JP Morgan REPO 4.7% 10-8-2025                                                                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Short            | RA               | CORP              | US        |  -1356604 | PA      | $-1356603.53  | -0.86%            |  |  |  | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                             | Golub Capital Partners Clo 42M-R                                                                              | CUSIP: 381742AG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1256673.75   | 0.80%             | 2036-01-20      | Floating      | 8.51%                 | Yes           |                  2 | On Loan: No      |
| CI (MG) Group, LLC                                         | CI (MG) Group LLC 2025 Delayed Draw Term Loan                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    743412 | PA      | $733673.46    | 0.47%             | 2030-03-27      | Floating      | 9.66%                 | No            |                  3 | On Loan: No      |
| SHELF DRILL HOLD LTD                                       | Shelf Drilling Holdings Ltd                                                                                   | CUSIP: 822538AH7<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |    550000 | PA      | $577312.59    | 0.37%             | 2029-04-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                   | Madison Park Funding LIX Ltd                                                                                  | CUSIP: 55822EAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501119.50    | 0.32%             | 2037-04-18      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                                         | CP Atlas Buyer Inc                                                                                            | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |    285000 | PA      | $271596.85    | 0.17%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KOALA INVESTMENT HOLDINGS INC                              | Koala Investment Holdings Inc Revolver                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    201072 | PA      | $199061.67    | 0.13%             | 2032-08-29      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| NMFC Senior Loan Program IV LLC                            | NMFC Senior Loan Program IV LLC Class A Delayed Draw Term Loan                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1020270 | PA      | $1020270.27   | 0.65%             | 2028-07-11      | Floating      | 8.75%                 | No            |                  3 | On Loan: No      |
| Intercontinental Exchange, Inc.                            | Long: B90968306 IRS USD R V 12MSOFR 490968308 CCPOIS / Short: B90968306 IRS USD P F  3.90500 490968307 CCPOIS | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DIR              |  | US        |   8590000 | OU      | $-19432.21    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                    | Blackstone Secured Lending Fund                                                                               | CUSIP: 09261LAC2<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498792.57    | 0.32%             | 2026-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                           | Carlyle US CLO 2024-1 Ltd                                                                                     | CUSIP: 142924AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $304154.40    | 0.19%             | 2037-04-15      | Floating      | 11.24%                | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                                     | Full House Resorts Inc                                                                                        | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    360000 | PA      | $334443.17    | 0.21%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes                  | Arbor Realty Commercial Real Estate Notes 2025-FL1 LLC                                                        | CUSIP: 03881KAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    240000 | PA      | $241199.35    | 0.15%             | 2043-01-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                    | JP Morgan REPO 4.7% 10-8-2025                                                                                 | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Short            | RA               | CORP              | US        |  -1580063 | PA      | $-1580063.47  | -1.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Zaxby's Funding LLC                                        | Zaxbys Funding LLC                                                                                            | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    960000 | PA      | $906806.21    | 0.57%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                                     | AS Mileage Plan IP Ltd                                                                                        | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    520000 | PA      | $520503.21    | 0.33%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| ASSOCIATIONS INC                                           | Associations Inc 2024 2nd Amendment Term Loan A                                                               | CUSIP: 000000000<br>LEI: 5493002YPB5JWSX8PX14 | Long             | LON              | CORP              | US        |   2181484 | PA      | $2186937.58   | 1.39%             | 2028-07-03      | Floating      | 11.08%                | No            |                  3 | On Loan: No      |
| SWCH Commercial Mortgage Trust                             | SWCH Commercial Mortgage Trust 2025-DATA                                                                      | CUSIP: 78489CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498755.35    | 0.32%             | 2042-02-15      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                             | Sabre GLBL Inc                                                                                                | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    533000 | PA      | $540976.46    | 0.34%             | 2027-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                     | Delek Logistics Partners LP / Delek Logistics Finance Corp                                                    | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $341576.58    | 0.22%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                 | FIXED INC CLEARING CORP.REPO                                                                                  | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    307910 | PA      | $307910.50    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan BW Borrower LP                                       | Titan BW Borrower LP Term Loan                                                                                | CUSIP: 000000000<br>LEI: 5493007L6S47Q14SL582 | Long             | LON              | CORP              | US        |   1998337 | PA      | $1978353.71   | 1.25%             | 2032-07-24      | Floating      | 6.57%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** Lord Abbett Flexible Income Fund

**Signature:** Michael Hebert

**Name of Signer:** Michael Hebert

**Title:** Chief Financial Officer