# EDGAR Filing Document

**Accession Number:** 0001966776
**File Stem:** 0000940400-26-022150
**Filing Date:** 2026-5
**Character Count:** 91100
**Document Hash:** 653bf833c5197a680bd4b80f3081f0d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022150.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000940400-26-022150

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KKR Asset-Based Income Fund
- **CENTRAL INDEX KEY:** 0001966776

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23871
- **FILM NUMBER:** 261043453

**BUSINESS ADDRESS:**
- **STREET 1:** 555 CALIFORNIA STREET, 50TH FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104
- **BUSINESS PHONE:** (415) 315-3620

**MAIL ADDRESS:**
- **STREET 1:** 555 CALIFORNIA STREET, 50TH FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104

## Nport-Ex

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

**Schedule of Investments** 

***(in thousands, except share data)***

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Effective<br>Interest Rate** | **Maturity Date** | **Par** | **Fair Value** |
|  **Asset-Backed Securities — 42.2%** |  |  |  |  |  |
|  Auto Loan — 3.7% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; CPS Auto Securitization Trust *(a)(b)* | Class A, Series 2026-1 | 8.75% | 5/17/2033 | 14917 | $14862 |
| &nbsp;&nbsp;&nbsp;&nbsp; Octane Receivables Trust *(b)* | Class D, Series 2025-RVM1 | 5.86% | 12/20/2046 | 5394 | 5397 |
|  Data Center — 7.5% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Centersquare Issuer LLC *(b)* | Class A2, Series 2024-1A | 5.20% | 10/26/2054 | 10017 | 9692 |
| &nbsp;&nbsp;&nbsp;&nbsp; Centersquare Issuer LLC | Class A2, Series 2025-4A | 5.20% | 8/25/2055 | 12645 | 11798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Centersquare Issuer LLC | Class A2, Series 2025-5A | 5.30% | 12/27/2055 | 12025 | &nbsp;&nbsp;&nbsp;&nbsp;11716 |
| &nbsp;&nbsp;&nbsp;&nbsp; SF Abs Issuer LLC *(b)* | Class A2, Series 2025-1A | 5.38% | 11/25/2055 | 9351 | 9170 |
|  DG Solar — 1.0% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; SSI ABS Issuer LLC *(b)* | Class A, Series 2025-1 | 6.15% | 7/25/2065 | 2962 | 2942 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSI ABS Issuer LLC *(b)* | Class B, Series 2025-1 | 7.82% | 7/25/2065 | 2784 | 2802 |
|  Esoterics — 3.3% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Identity Digital Capital LLC *(a)* | Class A2, Series 2025-1 | 6.79% | 3/20/2065 | 4003 | 4073 |
| &nbsp;&nbsp;&nbsp;&nbsp; SVC ABS LLC *(b)* | Class A, Series 2026-1A | 5.16% | 3/20/2056 | 3297 | 3297 |
| &nbsp;&nbsp;&nbsp;&nbsp; SVC ABS LLC *(b)* | Class B, Series 2026-1A | 5.80% | 3/20/2056 | 8468 | 8468 |
| &nbsp;&nbsp;&nbsp;&nbsp; SVC ABS LLC *(b)* | Class M, Series 2026-1A | 7.55% | 3/20/2056 | 2909 | 2909 |
|  Fiber — 2.8% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Metro Communications Issuer LLC *(a)* | Class A2I, Series 2025-1A | 6.51% | 2/25/2055 | 9880 | 10226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metro Communications Issuer LLC *(a)(b)(c)* | Class A2II, Series 2025-1A | 5.95% | 2/25/2055 | 3002 | 3107 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metro Communications Issuer LLC *(a)* | Class BI, Series 2025-1A | 7.82% | 2/25/2055 | 1801 | 1862 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metro Communications Issuer LLC *(a)(b)(c)* | Class BII, Series 2025-1A | 7.30% | 2/25/2055 | 546 | 564 |
|  Fund Finance — 3.6% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; New Mountain Guardian IV Rated Feeder III<br>Ltd. *(a)(b)(c)* | Class A1, Series 2024-2A | 7.20% (SOFR + 3.20%) | 11/19/2037 | 20000 | 19952 |
|  Music IP — 1.7% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Lyra Music Assets Delaware LP | Class A2, Series 2024-3A | 5.76% | 12/22/2064 | 9248 | 9313 |
|  Point of Sale — 0.3% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunbit Asset Securitization Trust *(b)* | Class B, Series 2025-1 | 5.69% | 7/15/2030 | 1115 | 1117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunbit Asset Securitization Trust *(b)* | Class C, Series 2025-1 | 6.12% | 7/15/2030 | 459 | 455 |
|  Proved Developed Producing — 2.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Grayrock Fund IV ABS Issuer LLC | Class A, Series 2026-2 | 5.76% | 2/15/2041 | 9276 | 9276 |
| &nbsp;&nbsp;&nbsp;&nbsp; Grayrock Fund IV ABS Issuer LLC | Class B, Series 2026-2 | 10.28% | 2/15/2041 | 2208 | 2208 |
|  Rooftop Solar Lease — 5.2% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunnova Energy Corp. *(a)* | Class A, Series 2024-3 | 6.45% | 7/30/2059 | 19521 | 19217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunnova Energy Corp. *(a)* | Class B, Series 2024-3 | 8.78% | 7/30/2059 | 865 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunnova SOL IX Issuer LLC *(a)* | Class A, Series 2025-1 | 6.28% | 1/30/2060 | 8635 | 8214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunnova SOL IX Issuer LLC *(a)* | Class B, Series 2025-1 | 8.65% | 1/30/2060 | 666 | 638 |
|  Single Family Rental — 1.6% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AMSR Trust *(b)* | Class E2, Series 2022-SFR3 | 4.00% | 10/17/2039 | 1250 | 1214 |
| &nbsp;&nbsp;&nbsp;&nbsp; AMSR Trust *(b)* | Class E2, Series 2023-SFR1 | 4.00% | 4/17/2040 | 5939 | 5742 |
| &nbsp;&nbsp;&nbsp;&nbsp; Progress Residential Trust *(b)* | Class E2, Series 2023-SFR1 | 6.60% | 3/17/2040 | 2500 | 2495 |

---

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Effective<br>Interest Rate** | **Maturity Date** | **Par** | **Fair Value** |
|  SME Short Term — 2.5% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Libertas Asset Securitization LLC *(a)(b)* | Class A, Series 2025-1A | 6.34% | 1/15/2031 | 461 | $461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Libertas Asset Securitization LLC *(a)(b)* | Class B, Series 2025-1A | 6.54% | 1/15/2031 | 369 | 369 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mulligan Asset Securitization II LLC *(b)* | Class A, Series 2024-1 | 6.00% | 10/15/2031 | 9500 | 9511 |
| &nbsp;&nbsp;&nbsp;&nbsp; OnDeck Asset Securitization IV LLC *(b)* | Class B, Series 2025-2A | 5.23% | 11/17/2032 | 820 | 809 |
| &nbsp;&nbsp;&nbsp;&nbsp; OnDeck Asset Securitization IV LLC *(b)* | Class C, Series 2025-2A | 6.30% | 11/17/2032 | 820 | 808 |
| &nbsp;&nbsp;&nbsp;&nbsp; RFS Asset Securitization V LLC *(b)* | Class B, Series 2025-1 | 6.20% | 5/15/2032 | 1250 | 1256 |
| &nbsp;&nbsp;&nbsp;&nbsp; RFS Asset Securitization V LLC *(b)* | Class C, Series 2025-1 | 7.65% | 5/15/2032 | 1000 | 1002 |
|  Solar Loan — 3.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; MESA Trust *(a)* | Class A, Series 2025-1 | 5.20% | 6/25/2060 | 10187 | 10239 |
| &nbsp;&nbsp;&nbsp;&nbsp; MESA Trust *(a)* | Class B, Series 2025-1 | 5.70% | 6/25/2060 | 1174 | 1173 |
| &nbsp;&nbsp;&nbsp;&nbsp; MESA Trust *(a)* | Class C, Series 2025-1 | 6.45% | 6/25/2060 | 986 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp; MESA Trust *(a)(c)* | Class R, Series 2025-1 | 15.00% | 6/25/2060 | 727 | 724 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunnova Helios XI Issuer LLC *(b)* | Class B, Series 2023-A | 5.60% | 5/20/2050 | 5539 | 4347 |
|  Student Loans — 3.5% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; College Ave Student Loans LLC *(b)* | Class D, Series 2023-A | 6.89% | 5/25/2055 | 1618 | 1652 |
| &nbsp;&nbsp;&nbsp;&nbsp; College Ave Student Loans LLC *(b)* | Class E, Series 2023-A | 8.49% | 5/25/2055 | 3202 | 3316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Navient Education Loan Trust *(b)* | Class D, Series 2025-A | 6.03% | 7/15/2055 | 756 | 757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Navient Refinance Loan Trust *(b)* | Class C, Series 2025-A | 6.14% | 2/16/2055 | 2287 | 2319 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)(c)* | Class A-FL | 5.16% (SOFR + 1.20%) | 12/25/2055 | 197 | 196 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)(c)* | Class A-FL | 4.87% (SOFR + 1.20%) | 12/25/2055 | 544 | 544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class A-FX | 4.85% | 12/25/2055 | 3446 | 3460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class A-FX | 4.95% | 12/25/2055 | 2523 | 2524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class B | 5.25% | 12/25/2055 | 633 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class B | 5.45% | 12/25/2055 | 431 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class C | 5.50% | 12/25/2055 | 146 | 147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class C | 5.65% | 12/25/2055 | 100 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class D | 6.10% | 12/25/2055 | 97 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)* | Class D | 6.25% | 12/25/2055 | 66 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)(c)* | Class R (Equity) | 0.00% | 12/25/2055 | 307 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Unlevered *(a)(c)* | Class R (Equity) | 0.00% | 12/25/2055 | 329 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust *(b)* | Class D, Series 2025-B | 6.63% | 3/17/2053 | 2982 | 2995 |
|  Unsecured Consumer — 0.3% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Regional Management Issuance Trust *(b)* | Class D, Series 2025-2 | 6.01% | 11/16/2037 | 1977 | 1948 |
|  **TOTAL ASSET-BACKED SECURITIES (Amortized Cost $236,702)** | **TOTAL ASSET-BACKED SECURITIES (Amortized Cost $236,702)** |  |  |  | $237110 |
|  **High Yield Securities — 4.3%** |  |  |  |  |  |
|  Esoterics — 3.8% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AP Grange Holdings LLC *(a)(d)* | Senior First Lien | 6.50% PIK | 3/20/2045 | 20812 | &nbsp;&nbsp;&nbsp;&nbsp;21978 |
|  Student Loans — 0.5% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)* | 15.00% 01/34 (01/26) | 15.00% | 1/27/2034 | 1207 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)* | 15.00% 03/34 (01/26) | 15.00% | 3/11/2034 | 325 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)* | 15.00% 03/34 (03/26) | 15.00% | 3/26/2034 | 155 | 155 |

---

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Effective<br>Interest Rate** | **Maturity Date** | **Par** | **Fair Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)* | SPV Maguire Flow Aggregation | 13.00% | 11/26/2033 | 1207 | $1207 |
|  **TOTAL HIGH YIELD SECURITIES (Amortized Cost $24,924)** | **TOTAL HIGH YIELD SECURITIES (Amortized Cost $24,924)** |  |  |  | $24872 |
|  **Mortgage-Backed Securities — 35.9%** |  |  |  |  |  |
|  Home Equity Investments — 14.2% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; HTAP Issuer Trust *(b)* | Class A, Series 2025-2 | 6.50% | 6/25/2043 | 20315 | &nbsp;&nbsp;&nbsp;&nbsp;20176 |
| &nbsp;&nbsp;&nbsp;&nbsp; HTAP Issuer Trust *(b)* | Class B, Series 2025-2 | 8.00% | 6/25/2043 | 1184 | 1162 |
| &nbsp;&nbsp;&nbsp;&nbsp; Point Securitization Trust *(b)(e)* | Class A1, Series 2023-1 | 6.50% | 11/25/2053 | 98 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp; Point Securitization Trust *(b)(e)* | Class A1, Series 2025-2 | 5.75% | 10/25/2055 | 8879 | 8757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Point Securitization Trust *(b)(e)* | Class A2, Series 2025-2 | 7.00% | 10/25/2055 | 1269 | 1251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unison Trust | Class A, Series 2025-1 | 6.00% | 7/25/2055 | 10611 | 9944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust *(b)* | Class A, Series 2024-1 | 7.00% | 4/25/2039 | 4017 | 4008 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust *(b)* | Class A, Series 2024-2 | 6.50% | 10/25/2039 | 979 | 977 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust *(b)* | Class A, Series 2025-1 | 6.75% | 7/25/2041 | 10408 | 10446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust *(b)* | Class A, Series 2025-2 | 6.00% | 11/25/2041 | 3488 | 3457 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust | Class A, Series 2025-3 | 5.75% | 12/25/2041 | 14279 | 14014 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust *(b)* | Class B, Series 2025-2 | 7.25% | 11/25/2041 | 1827 | 1780 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unlock HEA Trust | Class B, Series 2025-3 | 7.25% | 12/25/2041 | 3609 | 3479 |
|  Investor Loans — 0.4% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust *(b)(c)* | Class B3, Series 2025-INV1 | 6.84% | 11/25/2055 | 878 | 903 |
| &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust *(b)(c)* | Class M1, Series 2025-DSC3 | 5.78% | 9/25/2070 | 1041 | 1032 |
|  Non-Qualified Mortgage — 9.8% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust *(b)(c)* | Class M1, Series 2025-10 | 5.72% | 9/25/2070 | 566 | 562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust *(b)(c)* | Class M1, Series 2025-8 | 6.22% | 7/25/2070 | 2153 | 2160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust *(b)(c)* | Class M1A, Series 2024-13 | 6.44% | 12/26/2069 | 7000 | 7040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust *(b)(c)* | Class M1B, Series 2024-12 | 7.08% | 10/25/2069 | 3000 | 3028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust *(b)(c)* | Class M1B, Series 2024-13 | 6.89% | 12/26/2069 | 2000 | 2013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Colt Mortgage Loan Trust *(b)(c)* | Class M1, Series 2024-7 | 6.45% | 12/26/2069 | 7000 | 7047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cross Mortgage Trust *(b)(c)* | Class B1A, Series 2024-H8 | 6.96% | 12/25/2069 | 1976 | 1990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cross Mortgage Trust *(b)(c)* | Class B1A, Series 2025-H7 | 6.09% | 9/25/2070 | 522 | 517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Homes Trust *(b)(c)* | Class M1, Series 2025-NQM4 | 5.96% | 8/25/2070 | 609 | 608 |
| &nbsp;&nbsp;&nbsp;&nbsp; Homes Trust *(b)(c)* | Class M2, Series 2024-NQM2 | 7.10% | 10/25/2069 | 5000 | 5036 |
| &nbsp;&nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust *(b)(c)* | Class M1A, Series 2025-NQM3 | 5.97% | 11/25/2065 | 1652 | 1654 |
| &nbsp;&nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust *(b)(c)* | Class M1B, Series 2024-NQM1 | 6.86% | 2/25/2064 | 1680 | 1691 |
| &nbsp;&nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust *(b)(c)* | Class M1B, Series 2025-NQM3 | 6.42% | 11/25/2065 | 322 | 323 |
| &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust *(b)(c)* | Class B1A, Series 2024-NQM5 | 7.16% | 10/25/2069 | 2000 | 2017 |
| &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust *(b)(c)* | Class M1, Series 2024-NQM5 | 6.52% | 10/25/2069 | 3600 | 3629 |
| &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust *(b)(c)* | Class M1, Series 2025-NQM7 | 5.84% | 9/25/2070 | 2332 | 2312 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust *(b)(c)* | Class M1, Series 2024-NQM3 | 6.39% | 11/25/2064 | 3885 | 3924 |
| &nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust *(b)(c)* | Class M1, Series 2025-NQM4 | 6.08% | 7/25/2065 | 1487 | 1485 |
| &nbsp;&nbsp;&nbsp;&nbsp; PRKCM Trust *(b)(c)* | Class M1, Series 2022-AFC2 | 6.11% | 8/25/2057 | 2420 | 2417 |
| &nbsp;&nbsp;&nbsp;&nbsp; Provident Funding Mortgage Trust *(b)(c)* | Class B1, Series 2025-2 | 6.25% | 6/25/2055 | 927 | 939 |
| &nbsp;&nbsp;&nbsp;&nbsp; Provident Funding Mortgage Trust *(b)(c)* | Class B2, Series 2025-2 | 6.25% | 6/25/2055 | 976 | 980 |

---

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Effective<br>Interest Rate** | **Maturity Date** | **Par** | **Fair Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Provident Funding Mortgage Trust *(b)(c)* | Class B3, Series 2025-2 | 6.25% | 6/25/2055 | 1025 | $1013 |
| &nbsp;&nbsp;&nbsp;&nbsp; PRPM Trust *(b)(c)* | Class M1, Series 2025-NQM3 | 6.19% | 5/25/2070 | 551 | 555 |
|  Qualified Mortgage — 2.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Chase Home Lending Mortgage<br>Trust *(b)(c)* | Class B3, Series 2025-9 | 6.61% | 6/25/2056 | 1296 | 1306 |
| &nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities<br>Trust *(b)(c)* | Class B3, Series 2025-PJ5 | 6.56% | 10/25/2055 | 717 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities<br>Trust *(b)(c)* | Class B3, Series 2025-PJ7 | 6.51% | 12/25/2055 | 955 | 925 |
| &nbsp;&nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust *(b)(c)* | Class B3, Series 2025-4 | 6.31% | 11/25/2055 | 808 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp; NRP Mortgage Trust *(b)(c)* | Class B5, Series 2013-1 | 3.28% | 7/25/2043 | 6602 | 4314 |
| &nbsp;&nbsp;&nbsp;&nbsp; Provident Funding Mortgage Trust *(b)(c)* | Class B3, Series 2025-5 | 6.15% | 11/25/2055 | 1098 | 1082 |
| &nbsp;&nbsp;&nbsp;&nbsp; SAIF Securitization Trust *(b)(c)* | Class M1, Series 2025-HYB1 | 6.05% | 10/25/2055 | 1520 | 1498 |
| &nbsp;&nbsp;&nbsp;&nbsp; SAIF Securitization Trust *(b)(c)* | Class M2, Series 2025-HYB1 | 6.05% | 10/25/2055 | 1014 | 972 |
|  Re-Performing — 0.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Chase Home Lending Mortgage<br>Trust *(b)(c)* | Class M2, Series 2025-RPL1 | 3.68% | 4/25/2065 | 1152 | 671 |
|  Second Lien/HELOC — 4.2% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; EFMT Sponsor LLC *(b)(c)* | Class M1, Series 2025-CES4 | 6.11% | 6/25/2060 | 3360 | 3374 |
| &nbsp;&nbsp;&nbsp;&nbsp; SAIF Securitization Trust *(b)(e)* | Class A3, Series 2025-CES1 | 5.99% | 6/25/2065 | 590 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp; SAIF Securitization Trust *(b)(c)* | Class M1, Series 2025-CES1 | 6.24% | 6/25/2065 | 590 | 594 |
| &nbsp;&nbsp;&nbsp;&nbsp; Santander Mortgage Asset Receivable Trust *(b)* (c) | Class B1, Series 2025-CES1 | 6.47% | 9/25/2055 | 3255 | 3234 |
| &nbsp;&nbsp;&nbsp;&nbsp; Santander Mortgage Asset Receivable Trust *(b)* (c) | Class B2, Series 2025-CES1 | 7.31% | 9/25/2055 | 2749 | 2713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Santander Mortgage Asset Receivable Trust *(b)* (c) | Class M1, Series 2025-CES1 | 5.67% | 9/25/2055 | 9114 | 9019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust *(b)(c)* | Class M1, Series 2024-CES3 | 6.81% | 5/25/2064 | 2439 | 2467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust *(b)(c)* | Class M2, Series 2025-CES3 | 5.92% | 8/25/2065 | 1517 | 1512 |
|  Single Family Rental — 5.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; AMSR Trust *(b)* | Class E2, Series 2024-SFR2 | 4.15% | 11/17/2041 | 10000 | 9364 |
| &nbsp;&nbsp;&nbsp;&nbsp; AMSR Trust *(b)* | Class E2, Series 2025-SFR2 | 4.28% | 11/17/2042 | 1573 | 1464 |
| &nbsp;&nbsp;&nbsp;&nbsp; Progress Residential Trust *(b)* | Class E, Series 2025-SFR5 | 4.85% | 10/17/2042 | 8147 | 7820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Progress Residential Trust *(b)(c)* | Class E2, Series 2024-SFR5 | 3.63% | 8/9/2029 | 10044 | 9276 |
|  **TOTAL MORTGAGE-BACKED SECURITIES (Amortized Cost $198,020)** | **TOTAL MORTGAGE-BACKED SECURITIES (Amortized Cost $198,020)** |  |  |  | $198057 |
|  **Senior Loans — 12.7%** |  |  |  |  |  |
|  Aviation Lending — 2.7% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Lesha - Project Skyline *(a)* | TL 1L 12/24 (MSN 36010) | 6.67% | 8/28/2032 | 2970 | 2989 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lesha - Project Skyline *(a)* | TL 1L 12/24 (MSN 36011) | 6.72% | 2/28/2029 | 2379 | 2399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lesha - Project Skyline *(a)* | TL 1L 12/24 (MSN 36095) | 6.62% | 3/31/2029 | 2759 | 2775 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lesha - Project Skyline *(a)* | TL 1L 12/24 (MSN 36104) | 6.61% | 8/31/2030 | 3357 | 3372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lesha - Project Skyline *(a)* | TL 1L 12/24 (MSN 38245) | 6.70% | 2/28/2031 | 3860 | 3877 |
|  Collateralized Fund Obligation — 0.7% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Stepstone Boulder II, LP *(a)(c)(f)* | TL 1L DD A 03/26 | 6.40% (SOFR + 2.70%) | 4/30/2041 | 10055 | 4022 |
|  Fund Finance — 1.9% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Ardian US LLC *(a)(c)* | TL 1L 07/25 | 6.17% (SOFR + 2.50%) | 12/21/2028 | 10440 | &nbsp;&nbsp;&nbsp;&nbsp;10440 |
|  Rooftop Solar Lease — 4.3% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunrun Charis Portfolio LLC *(a)* | TL 1L 07/23 | 6.93% | 7/30/2053 | 10735 | 10961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Sunrun Romulus Portfolio LLC *(a)* | TL 1L 02/24 | 6.48% | 1/31/2054 | 12696 | 12688 |

---

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Effective<br>Interest Rate** | **Maturity Date** | **Par** | **Fair Value** |
|  SME Long Term — 1.6% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 1L A2 05/23 | 7.07% | 5/19/2036 | 5623 | $5651 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 2L B2 05/23 | 8.12% | 5/19/2036 | 1694 | 1706 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)(c)* | TL 3L C2 05/23 | 8.81% | 5/19/2036 | 1695 | 1615 |
|  Solar Loan — 0.5% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; SunPower Financial *(a)* | TL 01/25 | 6.69% | 8/30/2054 | 2816 | 2816 |
|  Unsecured Consumer — 1.0% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class A | 4.76% | 3/17/2036 | 1984 | 1984 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class B | 5.63% | 3/17/2036 | 852 | 852 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class C | 5.99% | 3/17/2036 | 191 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class D | 6.34% | 3/17/2036 | 585 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class E | 6.83% | 3/17/2036 | 979 | 979 |
| &nbsp;&nbsp;&nbsp;&nbsp; BHG Funding LLC *(a)* | TL 03/26 Tranche 1 Class F | 8.39% | 3/17/2036 | 547 | 547 |
|  **TOTAL SENIOR LOANS (Amortized Cost $70,479)** | **TOTAL SENIOR LOANS (Amortized Cost $70,479)** |  |  |  | $70449 |
|  **Subordinated Debt — 0.9%** |  |  |  |  |  |
|  Student Loans — 0.9% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)(c)(f)* | TL DD Revolver B 11/25 (Mezz) | 6.42% (SOFR + 2.75%) | 11/22/2032 | 6216 | 5002 |
|  **TOTAL SUBORDINATED DEBT (Amortized Cost $4,978)** | **TOTAL SUBORDINATED DEBT (Amortized Cost $4,978)** |  |  |  | $5002 |
|  |  |  | **Shares** |  |  |
|  **Private Equity — 0.2%** |  |  |  |  |  |
|  Solar Loan — 0.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; SunPower Financial *(a)(g)* | Private Equity (SPV) |  | 583201 |  | 627 |
|  Student Loans — 0.1% |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Sallie Mae Levered *(a)(g)* | Private Equity (SPV) |  | 574215 |  | 608 |
|  **TOTAL PRIVATE EQUITY (Cost $1,157)** | **TOTAL PRIVATE EQUITY (Cost $1,157)** |  |  |  | $1235 |
|  **TOTAL INVESTMENTS (Cost $536,260) — 96.2%** | **TOTAL INVESTMENTS (Cost $536,260) — 96.2%** |  |  |  | $536725 |
|  **Money Market Fund — 5.1%** |  |  |  |  |  |
|  U.S. Government Securities — 5.1% | U.S. Government Securities — 5.1% | U.S. Government Securities — 5.1% | U.S. Government Securities — 5.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fidelity Investments Money Market Treasury Portfolio *(h)* | Class I | 3.59% | 28605201 |  | 28605 |
|  **TOTAL MONEY MARKET FUND (Cost $28,605)** | **TOTAL MONEY MARKET FUND (Cost $28,605)** |  |  |  | $28605 |
|  **TOTAL INVESTMENTS INCLUDING MONEY MARKET FUND (Cost $564,865) — 101.3%** | **TOTAL INVESTMENTS INCLUDING MONEY MARKET FUND (Cost $564,865) — 101.3%** | **TOTAL INVESTMENTS INCLUDING MONEY MARKET FUND (Cost $564,865) — 101.3%** | **TOTAL INVESTMENTS INCLUDING MONEY MARKET FUND (Cost $564,865) — 101.3%** |  | $565330 |
|  **LIABILITIES EXCEEDING OTHER ASSETS, NET — (1.3)%** | **LIABILITIES EXCEEDING OTHER ASSETS, NET — (1.3)%** | **LIABILITIES EXCEEDING OTHER ASSETS, NET — (1.3)%** | **LIABILITIES EXCEEDING OTHER ASSETS, NET — (1.3)%** |  | (7282) |
|  **NET ASSETS — 100.0%** |  |  |  |  | $558048 |

---

---

| | | |
|:---|:---|:---|
| ![LOGO](g349262image1.jpg) | Asset-Based Income Fund | March 31, 2026 (Unaudited) |
| ![LOGO](g349262image1.jpg) |  |  |

---

---

| | |
|:---|:---|
|  DD | Delayed draw term loan. |
|  HELOC | Home equity line of credit. |
|  PIK | Payment-in-kind. |
|  SME | Small and Medium-sized Enterprise. |
|  SOFR | Secured overnight financing rate. |
|  SPV | Special purpose vehicle. |
|  TL | Term loan. |
|  1L | First lien. |
|  2L | Second lien. |
|  3L | Third lien. |

---

(a) Value determined using significant unobservable inputs.

(b) Securities exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities
may only be resold to qualified institutional buyers in transactions exempt from registration.

(c) Variable rate securities. The effective rate shown is based on the latest available information as of March 31, 2026.
Certain variable rate securities are based on a published reference rate and spread. Interest rates for certain variable rate securities are determined by the issuer, or agent, and are based on current market conditions, and these securities do not
indicate a reference rate and spread in their description.

(d) Represents a payment-in-kind ("PIK") security which may pay interest in additional par. PIK rate disclosed is excluded from the spread.

(e) Debt obligation initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is
the rate at March 31, 2026.

(f) Investment is an unfunded or partially funded commitment.

(g) Security considered restricted.

(h) Rate represents the money market fund's average 7-day yield as of
March 31, 2026.

The following are the details of the restricted securities of the Fund (in thousands, except share amounts):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Issuer** | **Asset** | **Shares** | **Cost** | **Value** | **Acquisition<br>Date** | **% of Net<br>Assets** |
|  **Private Equity** |  |  |  |  |  |  |
|  Sallie Mae Levered | Private Equity (SPV) | 574215 | $574 | $608 | 11/26/2025 | 0.1% |
|  SunPower Financial | Private Equity (SPV) | 583201 | 583 | 627 | 6/7/2023 | 0.1% |
|  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1157 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1235 |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23871

- **c. CIK number of Registrant:** 0001966776

- **d. LEI of Registrant:** 5493000AHGD6M7DSJ514

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

  - **Street Address 1:** 555 CALIFORNIA STREET, 50TH FLOOR

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94104

  - **Telephone number:** 415-315-3620

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

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

- **c. LEI of Series:** 5493000AHGD6M7DSJ514

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $580902352.44

**Total Liabilities:** $22879695.82

**Net Assets:** $558022656.62

**Cash Not Reported:** $4351773.44

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 7629.01310000 | **5-Year:** 21803.28673000 | **10-Year:** 54181.27325000 | **30-Year:** 812.51040000

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

- **3-Month:** 0.00000000 | **1-Year:** 6752.14552000 | **5-Year:** 53254.94350000 | **10-Year:** 86371.61831000 | **30-Year:** 10820.85442000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.58%                | 0.82%                | -0.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-249262.07              | $536427.91                                 |
| Month 2  | $3454.74                 | $1566892.61                                |
| Month 3  | $0.00                    | $-6060477.22                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MESA Trust 2025-1 - MESA TRUST 2025-1 B                     | MESA Trust 2025-1 - MESA TRUST 2025-1 B                         | CUSIP: 590929AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1174013 | PA      | $1173425.99   | 0.21%             | 2060-06-25      | Fixed         | 5.70%                 | No            |                  3 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 A                     | MESA Trust 2025-1 - MESA TRUST 2025-1 A                         | CUSIP: 590929AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10187400 | PA      | $10179249.86  | 1.82%             | 2060-06-25      | Fixed         | 5.20%                 | No            |                  3 | On Loan: No      |
| NRP MORTGAGE TRUST 2013-1                                   | NRPMT 2013-1 B5                                                 | CUSIP: 62942KAJ5<br>LEI: 549300RI0I8NS7M7F275 | Long             | ABS-O            | CORP              | US        |   6602063 | PA      | $4313882.37   | 0.77%             | 2043-07-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-NQM3                          | JPMMT 2025-NQM3 M1B                                             | CUSIP: 46659QAG4<br>LEI: 529900HDRKAITSFGZ261 | Long             | ABS-O            | CORP              | US        |    322000 | PA      | $322789.32    | 0.06%             | 2065-11-25      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Sunnova Energy Corp - SNVA 2024-3 B                         | Sunnova Energy Corp - SNVA 2024-3 B                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    865388 | PA      | $842455.09    | 0.15%             | 2059-07-30      | Fixed         | 8.78%                 | No            |                  3 | On Loan: No      |
| Sunnova Sol IX Issuer LLC - Sunnova 2025-1 Class A          | Sunnova Sol IX Issuer LLC - Sunnova 2025-1 Class A              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8635299 | PA      | $8213896.32   | 1.47%             | 2060-01-30      | Fixed         | 6.28%                 | No            |                  3 | On Loan: No      |
| REGIONAL MANAGEMENT ISSUANCE TRUST 2024-2                   | RMIT 2025-2 D                                                   | CUSIP: 75908BAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1977000 | PA      | $1948207.96   | 0.35%             | 2037-11-16      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Levered - Private Equity (SPV Maguire Flow Agg)  | Sallie Mae Levered - Private Equity (SPV Maguire Flow Agg)      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    574215 | NS      | $607891.25    | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RAPID MULTIMODAL LOGISTICS LTD                              | RAPID 2025-1 C                                                  | CUSIP: 74970DAH5<br>LEI: 335800KGU1WWBLMPTP11 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001783.40   | 0.18%             | 2032-05-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Sunrun Inc - TL 1L 07/23 (Charis)                           | Sunrun Inc - TL 1L 07/23 (Charis)                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10735237 | PA      | $10960676.75  | 1.96%             | 2053-07-30      | Fixed         | 6.92%                 | No            |                  3 | On Loan: No      |
| UNLOCK HEA TRUST 2024-1                                     | UNLOK 2024-1 A                                                  | CUSIP: 91530QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4016710 | PA      | $4008032.30   | 0.72%             | 2039-04-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-13                            | AOMT 2024-13 M1A                                                | CUSIP: 03466PAD7<br>LEI: 254900WA697298AD1C53 | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7040388.60   | 1.26%             | 2069-12-26      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HELIOS XI ISSUER LLC                                | SNVA 2023-A B                                                   | CUSIP: 86746AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5539185 | PA      | $4347420.67   | 0.78%             | 2050-05-20      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Centersquare Issuer LLC / Centersquare Co-Issuer LLC        | CNSQ 2025-4A A2                                                 | CUSIP: 15201EAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12645000 | PA      | $11797921.57  | 2.11%             | 2055-08-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-13                            | AOMT 2024-13 M1B                                                | CUSIP: 03466PAE5<br>LEI: 254900WA697298AD1C53 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2013396.40   | 0.36%             | 2069-12-26      | Variable      | 6.89%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-NQM3                          | JPMMT 2025-NQM3 M1A                                             | CUSIP: 46659QAF6<br>LEI: 529900HDRKAITSFGZ261 | Long             | ABS-O            | CORP              | US        |   1652000 | PA      | $1654475.19   | 0.30%             | 2065-11-25      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-5                     | PFMT 2025-5 B3                                                  | CUSIP: 74388RBM8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1097837 | PA      | $1081584.21   | 0.19%             | 2055-11-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| RAPID MULTIMODAL LOGISTICS LTD                              | RAPID 2025-1 B                                                  | CUSIP: 74970DAG7<br>LEI: 335800KGU1WWBLMPTP11 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1255501.75   | 0.22%             | 2032-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| KKR Asset-Based Income Fund - HG ABF                        | KKR Asset-Based Income Fund - HG ABF                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9879913 | PA      | $10225709.96  | 1.83%             | 2055-02-25      | Fixed         | 6.51%                 | No            |                  3 | On Loan: No      |
| CENTERSQUARE ISSUER LLC                                     | CNSQ 2024-1A A2                                                 | CUSIP: 15201EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10017000 | PA      | $9691719.96   | 1.74%             | 2054-10-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ONDECK ASSET SECURITIZATION TRUST III LLC                   | ONDK 2025-2A C                                                  | CUSIP: 67108SAK4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $808288.92    | 0.14%             | 2032-11-17      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-HYB1                            | SEMT 2025-HYB1 M1                                               | CUSIP: 816938AJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1520000 | PA      | $1498338.02   | 0.27%             | 2055-10-25      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1         | SAN 2025-CES1 B2                                                | CUSIP: 802650AF8<br>LEI: 254900WEZWXJLYHMU869 | Long             | ABS-O            | CORP              | US        |   2749000 | PA      | $2712826.73   | 0.49%             | 2055-09-25      | Variable      | 7.31%                 | No            |                  2 | On Loan: No      |
| Lesha - Project Skyline - TL 1L DD 10/24                    | Lesha - Project Skyline - TL 1L DD 10/24                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2970023 | PA      | $2989328.43   | 0.54%             | 2032-08-28      | Fixed         | 6.67%                 | No            |                  3 | On Loan: No      |
| LIBERTAS ASSET SECURITIZATION LLC                           | LBTAS 2025-1A A                                                 | CUSIP: 529922AF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    461000 | PA      | $461000.00    | 0.08%             | 2031-01-15      | Fixed         | 6.34%                 | No            |                  3 | On Loan: No      |
| COLLEGE AVENUE STUDENT LOANS 2023-A LLC                     | CASL 2023-A E                                                   | CUSIP: 193938AF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3201631 | PA      | $3315571.73   | 0.59%             | 2055-05-25      | Fixed         | 8.49%                 | No            |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST 2025-RVM1                          | OCTL 2025-RVM1 D                                                | CUSIP: 67571HAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5394000 | PA      | $5396661.94   | 0.97%             | 2046-12-20      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-CES3                         | TPMT 2024-CES3 M1                                               | CUSIP: 89183EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2439390 | PA      | $2466849.73   | 0.44%             | 2064-05-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| LIBERTAS ASSET SECURITIZATION LLC                           | LBTAS 2025-1A B                                                 | CUSIP: 529922AG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    369000 | PA      | $369000.00    | 0.07%             | 2031-01-15      | Fixed         | 6.54%                 | No            |                  3 | On Loan: No      |
| SAIF SECURITIZATION TRUST 2025-CES1                         | SAIF 2025-CES1 A3                                               | CUSIP: 78438CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    590000 | PA      | $595838.88    | 0.11%             | 2065-06-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES4                                              | EFMT 2025-CES4 M1                                               | CUSIP: 267954AD7<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-O            | CORP              | US        |   3360000 | PA      | $3373734.34   | 0.60%             | 2060-06-25      | Variable      | 6.11%                 | No            |                  2 | On Loan: No      |
| Fidelity Colchester Street Trust                            | Fidelity Treasury Portfolio                                     | CUSIP: 316175504<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  28351261 | NS      | $28351261.13  | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lesha - Project Skyline - TL 1L DD 10/24                    | Lesha - Project Skyline - TL 1L DD 10/24                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3859924 | PA      | $3877293.19   | 0.69%             | 2031-02-28      | Fixed         | 6.70%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL (Jan26) | Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL (Jan26)     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    544491 | PA      | $543946.52    | 0.10%             | 2055-12-25      | Floating      | 4.87%                 | No            |                  3 | On Loan: No      |
| PROGRESS RESIDENTIAL 2024-SFR5 TRUST                        | PROG 2024-SFR5 E2                                               | CUSIP: 74332HAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10044000 | PA      | $9276020.69   | 1.66%             | 2029-08-09      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 C                     | MESA Trust 2025-1 - MESA TRUST 2025-1 C                         | CUSIP: 590929AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    986155 | PA      | $985464.69    | 0.18%             | 2060-06-25      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| UNLOCK HEA TRUST 2025-3                                     | UNLOK 2025-3 A                                                  | CUSIP: 914919AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14279110 | PA      | $14013789.84  | 2.51%             | 2041-12-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 4.850 12/2055 Class A-FX (Jan26)     | Sallie Mae Unlevered - 4.850 12/2055 Class A-FX (Jan26)         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3445805 | PA      | $3459932.90   | 0.62%             | 2055-12-25      | Fixed         | 4.85%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-Nqm5    | MSRM 2024-NQM5 M1                                               | CUSIP: 61777QAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3629163.96   | 0.65%             | 2069-10-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| New Mountain Guardian IV Rated Feeder III Ltd.              | NMRF 2024-2A A1                                                 | CUSIP: 647907AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  20000000 | PA      | $19950924.00  | 3.58%             | 2037-11-19      | Floating      | 7.20%                 | No            |                  3 | On Loan: No      |
| SUNBIT ASSET SECURITIZATION TRUST 2025-1                    | SUNBT 2025-1 C                                                  | CUSIP: 86709SAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    459000 | PA      | $455395.11    | 0.08%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class D           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class D               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    585065 | PA      | $585064.97    | 0.10%             | 2036-03-17      | Fixed         | 6.34%                 | No            |                  3 | On Loan: No      |
| PRKCM 2022-AFC2 TRUST                                       | PRKCM 2022-AFC2 M1                                              | CUSIP: 69377TAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2420000 | PA      | $2416912.81   | 0.43%             | 2057-08-25      | Variable      | 6.11%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 6.250 12/2055 Class D                | Sallie Mae Unlevered - 6.250 12/2055 Class D                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66350 | PA      | $66509.07     | 0.01%             | 2055-12-25      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-2                     | PFMT 2025-2 B2                                                  | CUSIP: 74389DBC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    975728 | PA      | $979786.02    | 0.18%             | 2055-06-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| HOMES 2024-NQM2 TRUST                                       | HOMES 2024-NQM2 M2                                              | CUSIP: 43761CAG7<br>LEI: 254900MQRASV1D1NGZ28 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5036328.00   | 0.90%             | 2069-10-25      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 5.450 12/2055 Class B                | Sallie Mae Unlevered - 5.450 12/2055 Class B                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    431276 | PA      | $431232.74    | 0.08%             | 2055-12-25      | Fixed         | 5.45%                 | No            |                  3 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-PJ7                | GSMBS 2025-PJ7 B3                                               | CUSIP: 36272MCK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    955053 | PA      | $924954.13    | 0.17%             | 2055-12-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Levered - 13.000 11/2033 (SPV Maguire Flow Agg)  | Sallie Mae Levered - 13.000 11/2033 (SPV Maguire Flow Agg)      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1207286 | PA      | $1207285.65   | 0.22%             | 2033-11-26      | Fixed         | 13.00%                | No            |                  3 | On Loan: No      |
| MULLIGAN ASSET SECURITIZATION II LLC                        | MLLGN 2024-1 A                                                  | CUSIP: 62534LAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9500000 | PA      | $9511261.30   | 1.70%             | 2031-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class C           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class C               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    190782 | PA      | $190782.06    | 0.03%             | 2036-03-17      | Fixed         | 5.99%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-Nqm5    | MSRM 2024-NQM5 B1A                                              | CUSIP: 61777QAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2017180.40   | 0.36%             | 2069-10-25      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Sunrun Inc - TL 1L 02/24 (Romulus)                          | Sunrun Inc - TL 1L 02/24 (Romulus)                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  12695562 | PA      | $12687944.25  | 2.27%             | 2054-01-31      | Fixed         | 6.48%                 | No            |                  3 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class A           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class A               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1984133 | PA      | $1984133.39   | 0.36%             | 2036-03-17      | Fixed         | 4.76%                 | No            |                  3 | On Loan: No      |
| NAVIENT REFINANCE LOAN TRUST 2025-A                         | NAVRL 2025-A C                                                  | CUSIP: 63943FAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2287000 | PA      | $2319152.93   | 0.42%             | 2055-02-16      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-B                     | SMB 2025-B D                                                    | CUSIP: 83208BAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2982000 | PA      | $2994914.45   | 0.54%             | 2053-03-17      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVENUE STUDENT LOANS 2023-A LLC                     | CASL 2023-A D                                                   | CUSIP: 193938AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1618087 | PA      | $1652433.20   | 0.30%             | 2055-05-25      | Fixed         | 6.89%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2023-SFR1 TRUST                        | PROG 2023-SFR1 E2                                               | CUSIP: 74334FAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2495328.75   | 0.45%             | 2040-03-17      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-2                     | PFMT 2025-2 B3                                                  | CUSIP: 74389DBD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1025107 | PA      | $1012511.54   | 0.18%             | 2055-06-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Centersquare Issuer LLC / Centersquare Co-Issuer LLC        | CNSQ 2025-5A A2                                                 | CUSIP: 15201EAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12025000 | PA      | $11716372.36  | 2.10%             | 2055-12-27      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                                 | SVC 2026-1A M                                                   | CUSIP: 78488JAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2909000 | PA      | $2908928.44   | 0.52%             | 2056-03-20      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| SAIF SECURITIZATION TRUST 2025-CES1                         | SAIF 2025-CES1 M1                                               | CUSIP: 78438CAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    590000 | PA      | $594435.62    | 0.11%             | 2065-06-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 5.250 12/2055 Class B (Jan26)        | Sallie Mae Unlevered - 5.250 12/2055 Class B (Jan26)            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    632609 | PA      | $635012.66    | 0.11%             | 2055-12-25      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4               | NRZT 2025-NQM4 M1                                               | CUSIP: 64832FAF3<br>LEI: 2138001CG5SYL78G3648 | Long             | ABS-O            | CORP              | US        |   1487000 | PA      | $1485250.69   | 0.27%             | 2065-07-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H8 MORTGAGED TRUST                               | CROSS 2024-H8 B1A                                               | CUSIP: 22757GAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1976000 | PA      | $1989944.63   | 0.36%             | 2069-12-25      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| AMSR 2025-SFR2 TRUST                                        | AMSR 2025-SFR2 E2                                               | CUSIP: 00180BAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1573000 | PA      | $1463720.39   | 0.26%             | 2042-11-17      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| BHG FUNDING 06 LLC - TL 1L 05/23 Tranche 2 Class A          | BHG FUNDING 06 LLC - TL 1L 05/23 Tranche 2 Class A              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5622655 | PA      | $5651330.12   | 1.01%             | 2036-05-19      | Fixed         | 7.07%                 | No            |                  3 | On Loan: No      |
| AMSR 2024-SFR2 TRUST                                        | AMSR 2024-SFR2 E2                                               | CUSIP: 00179UAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $9364187.00   | 1.68%             | 2041-11-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BHG FUNDING 06 LLC - TL 3L 05/23 Tranche 2 Class C          | BHG FUNDING 06 LLC - TL 3L 05/23 Tranche 2 Class C              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1694701 | PA      | $1615050.45   | 0.29%             | 2036-05-19      | Variable      | 8.81%                 | No            |                  3 | On Loan: No      |
| SVC ABS LLC                                                 | SVC 2026-1A A                                                   | CUSIP: 78488JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3297000 | PA      | $3296940.32   | 0.59%             | 2056-03-20      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Gs Mortgage-backed Securities Trust 2025-PJ5                | GSMBS 2025-PJ5 B3                                               | CUSIP: 36272DCK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    716767 | PA      | $684037.15    | 0.12%             | 2055-10-25      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Lesha - Project Skyline - TL 1L DD 10/24                    | Lesha - Project Skyline - TL 1L DD 10/24                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2379496 | PA      | $2398770.07   | 0.43%             | 2029-02-28      | Fixed         | 6.72%                 | No            |                  3 | On Loan: No      |
| Unison Trust 2025-1                                         | Unison Trust 2025-1 NTS USD (144A)                              | CUSIP: 90920QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10611026 | PA      | $9943713.64   | 1.78%             | 2055-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HTAP Issuer Trust 2025-2                                    | HTAP 2025-2 B                                                   | CUSIP: 40446QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1184000 | PA      | $1161952.50   | 0.21%             | 2043-06-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ONDECK ASSET SECURITIZATION TRUST III LLC                   | ONDK 2025-2A B                                                  | CUSIP: 67108SAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $808845.95    | 0.14%             | 2032-11-17      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class B           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class B               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    852160 | PA      | $852159.85    | 0.15%             | 2036-03-17      | Fixed         | 5.63%                 | No            |                  3 | On Loan: No      |
| COLT 2024-7 MORTGAGE LOAN TRUST                             | COLT 2024-7 M1                                                  | CUSIP: 19688YAD6<br>LEI: 213800EA95GXXC9AJO50 | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7046743.20   | 1.26%             | 2069-12-26      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| SSI ABS 2025-1 ISSUER LLC                                   | SSI 2025-1 B                                                    | CUSIP: 78475CAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2784233 | PA      | $2802311.70   | 0.50%             | 2065-07-25      | Fixed         | 7.82%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H7 MORTGAGE TRUST                                | CROSS 2025-H7 B1A                                               | CUSIP: 22757JAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    522000 | PA      | $516875.94    | 0.09%             | 2070-09-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| METROCOMMUNICATIONSI0.0125FEB55                             | METROCOMMUNICATIONSI0.0125FEB55                                 | CUSIP: 59161FAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    545814 | PA      | $564208.06    | 0.10%             | 2055-02-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| SUNBIT ASSET SECURITIZATION TRUST 2025-1                    | SUNBT 2025-1 B                                                  | CUSIP: 86709SAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1115000 | PA      | $1116814.33   | 0.20%             | 2030-07-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class F           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class F               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    546909 | PA      | $546908.56    | 0.10%             | 2036-03-17      | Fixed         | 8.39%                 | No            |                  3 | On Loan: No      |
| Towd Point Mortgage Trust 2025 CES3                         | TPMT 2025-CES3 M2                                               | CUSIP: 891949AD1<br>LEI: 254900XDQGDYHMUKZJ77 | Long             | ABS-O            | CORP              | US        |   1517000 | PA      | $1512297.60   | 0.27%             | 2065-08-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Homes 2025-NQM4 Trust                                       | HOMES 2025-NQM4 M1                                              | CUSIP: 403958AF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    609000 | PA      | $608341.18    | 0.11%             | 2070-08-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST 202                              | PNT 2023-1 A1                                                   | CUSIP: 73071JAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97938 | PA      | $98507.38     | 0.02%             | 2053-11-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 Class R Equity (Jan26) | Sallie Mae Unlevered - 1.200 12/2055 Class R Equity (Jan26)     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    307293 | PA      | $321059.59    | 0.06%             | 2055-12-25      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Lesha - Project Skyline - TL 1L DD 10/24                    | Lesha - Project Skyline - TL 1L DD 10/24                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2758985 | PA      | $2775262.70   | 0.50%             | 2029-03-31      | Fixed         | 6.62%                 | No            |                  3 | On Loan: No      |
| Genesis Aircraft Services Ltd - TL 1L DD 08/23              | Genesis Aircraft Services Ltd - TL 1L DD 08/23                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |   1055984 | PA      | $1055983.53   | 0.19%             | 2029-08-31      | Fixed         | 3.31%                 | No            |                  3 | On Loan: No      |
| HTAP Issuer Trust 2025-2                                    | HTAP 2025-2 A                                                   | CUSIP: 40446QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20314784 | PA      | $20175449.03  | 3.62%             | 2043-06-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-4                             | JPMMT 2025-4 B3                                                 | CUSIP: 46593UBE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    807844 | PA      | $746880.62    | 0.13%             | 2055-11-25      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| SunPower Financial - Private Equity (SPV)                   | SunPower Financial - Private Equity (SPV)                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | PF                | US        |    583201 | NS      | $627427.03    | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Sallie Mae Levered - 13.000 03/2034 (Mar26)                 | Sallie Mae Levered - 13.000 03/2034 (Mar26)                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    324609 | PA      | $324609.43    | 0.06%             | 2034-03-11      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| KKR Asset-Based Income Fund - HG ABF                        | KKR Asset-Based Income Fund - HG ABF                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4003000 | PA      | $4073052.50   | 0.73%             | 2065-03-20      | Fixed         | 6.79%                 | No            |                  3 | On Loan: No      |
| Unlock Hea Trust 2025-1                                     | UNLOK 2025-1 A                                                  | CUSIP: 91528BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10407607 | PA      | $10446495.99  | 1.87%             | 2041-07-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BHG FUNDING 06 LLC - TL 2L 05/23 Tranche 2 Class B          | BHG FUNDING 06 LLC - TL 2L 05/23 Tranche 2 Class B              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1694412 | PA      | $1706273.21   | 0.31%             | 2036-05-19      | Fixed         | 8.12%                 | No            |                  3 | On Loan: No      |
| KKR Asset-Based Income Fund - HG ABF                        | KKR Asset-Based Income Fund - HG ABF                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1801186 | PA      | $1861885.97   | 0.33%             | 2055-02-25      | Fixed         | 7.82%                 | No            |                  3 | On Loan: No      |
| Lesha - Project Skyline - TL 1L DD 10/24                    | Lesha - Project Skyline - TL 1L DD 10/24                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3356920 | PA      | $3372026.36   | 0.60%             | 2030-08-31      | Fixed         | 6.61%                 | No            |                  3 | On Loan: No      |
| POINT SECURITIZATION TRUST 2025-2                           | PNT 2025-2 A1                                                   | CUSIP: 73071PAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8879167 | PA      | $8756907.13   | 1.57%             | 2055-10-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-NQM3 TRUST                                        | PRPM 2025-NQM3 M1                                               | CUSIP: 69382NAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    551000 | PA      | $555154.76    | 0.10%             | 2070-05-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-NQM1                          | JPMMT 2024-NQM1 M1B                                             | CUSIP: 465983AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1680000 | PA      | $1691091.86   | 0.30%             | 2064-02-25      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                                     | UNLOK 2025-2 B                                                  | CUSIP: 914917AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1827000 | PA      | $1779974.12   | 0.32%             | 2041-11-25      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AP Grange Holdings LLC                                      | APGRNG 6.5 03/20/45 144A                                        | CUSIP: 00187RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  20811964 | PA      | $21977434.12  | 3.94%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM7    | MSRM 2025-NQM7 M1                                               | CUSIP: 61779KAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2332000 | PA      | $2311593.83   | 0.41%             | 2070-09-25      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| NAVIENT EDUCATION LOAN TRUST 2025-A                         | NAVEL 2025-A D                                                  | CUSIP: 63943EAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    755521 | PA      | $756829.11    | 0.14%             | 2033-10-17      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| AMSR 2022-SFR3 TRUST                                        | AMSR 2022-SFR3 E2                                               | CUSIP: 66981YAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1214332.00   | 0.22%             | 2039-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BHG Funding 09 Trust - TL 03/26 Tranche 1 Class E           | BHG Funding 09 Trust - TL 03/26 Tranche 1 Class E               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    979348 | PA      | $979347.89    | 0.18%             | 2036-03-17      | Fixed         | 6.83%                 | No            |                  3 | On Loan: No      |
| AMSR 2019-Sfr1 Trust                                        | AMSR 2023-SFR1 E2                                               | CUSIP: 66981XAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5939000 | PA      | $5742130.46   | 1.03%             | 2040-04-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 6.100 12/2055 Class D (Jan26)        | Sallie Mae Unlevered - 6.100 12/2055 Class D (Jan26)            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97325 | PA      | $98550.96     | 0.02%             | 2055-12-25      | Fixed         | 6.10%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC3    | MSRM 2025-DSC3 M1                                               | CUSIP: 61779JAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1041000 | PA      | $1032127.66   | 0.18%             | 2070-09-25      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| Grayrock Fund IV Abs Issuer LLC - GRAYROCK 2026-2 B         | Grayrock Fund IV Abs Issuer LLC - GRAYROCK 2026-2 B             | CUSIP: 389470AB1<br>LEI: 25490087KE8960EOQH29 | Long             | ABS-O            | CORP              | US        |   2208212 | PA      | $2208211.89   | 0.40%             | 2041-02-15      | Fixed         | 10.28%                | No            |                  2 | On Loan: No      |
| SSI ABS-2025-1 ISSUER LLC                                   | SSI 2025-1 A                                                    | CUSIP: 78475CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2961704 | PA      | $2942399.49   | 0.53%             | 2065-07-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Stepstone Boulder II, LP - TL 1L DD 03/26                   | Stepstone Boulder II, LP - TL 1L DD 03/26                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10055000 | PA      | $10055000.00  | 1.80%             | 2041-04-30      | Floating      | 3.16%                 | No            |                  3 | On Loan: No      |
| POINT SECURITIZATION TRUST 2025-2                           | PNT 2025-2 A2                                                   | CUSIP: 73071PAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1269000 | PA      | $1251050.00   | 0.22%             | 2055-10-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2025-10                            | AOMT 2025-10 M1                                                 | CUSIP: 034940AD8<br>LEI: 254900CFOEUA52TRVZ51 | Long             | ABS-O            | CORP              | US        |    566000 | PA      | $562345.28    | 0.10%             | 2070-09-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Ardian US LLC - TL 1L 07/25                                 | Ardian US LLC - TL 1L 07/25                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10440210 | PA      | $10440209.95  | 1.87%             | 2028-12-21      | Floating      | 6.17%                 | No            |                  3 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-RPL1                 | CHASE 2025-RPL1 M2                                              | CUSIP: 16160VAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1152000 | PA      | $671265.56    | 0.12%             | 2065-04-25      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-2                     | PFMT 2025-2 B1                                                  | CUSIP: 74389DBB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    927336 | PA      | $938934.42    | 0.17%             | 2055-06-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1         | SAN 2025-CES1 B1                                                | CUSIP: 802650AE1<br>LEI: 254900WEZWXJLYHMU869 | Long             | ABS-O            | CORP              | US        |   3255000 | PA      | $3234376.97   | 0.58%             | 2055-09-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-3                                     | UNLOK 2025-3 B                                                  | CUSIP: 914919AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3609000 | PA      | $3478734.95   | 0.62%             | 2041-12-25      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1         | SAN 2025-CES1 M1                                                | CUSIP: 802650AD3<br>LEI: 254900WEZWXJLYHMU869 | Long             | ABS-O            | CORP              | US        |   9114000 | PA      | $9018840.73   | 1.62%             | 2055-09-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                                 | SVC 2026-1A B                                                   | CUSIP: 78488JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8468000 | PA      | $8467723.10   | 1.52%             | 2056-03-20      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| SF ABS ISSUER LLC                                           | SFARM 2025-1A A2                                                | CUSIP: 784193AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9351400 | PA      | $9169822.00   | 1.64%             | 2055-11-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-HYB1                            | SEMT 2025-HYB1 M2                                               | CUSIP: 816938AK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1014000 | PA      | $971694.30    | 0.17%             | 2055-10-25      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                                     | UNLOK 2025-2 A                                                  | CUSIP: 914917AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3488136 | PA      | $3456767.27   | 0.62%             | 2041-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-INV1                          | JPMMT 2025-INV1 B3                                              | CUSIP: 466910BD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    877665 | PA      | $902942.37    | 0.16%             | 2055-11-25      | Variable      | 6.84%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-9                    | CHASE 2025-9 B3                                                 | CUSIP: 16160UBT1<br>LEI: 529900II236FJ8MBXS58 | Long             | ABS-O            | CORP              | US        |   1295916 | PA      | $1306190.92   | 0.23%             | 2056-06-25      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2025-SFR5 TRUST                        | PROG 2025-SFR5 E                                                | CUSIP: 74334RAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8146581 | PA      | $7820242.36   | 1.40%             | 2042-10-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Lyra Music Prods Del LP                                     | Lyra Music Prods Del LP 5.76% NTS 22/12/2064 USD (2024-3) (A-2) | CUSIP: 551916AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9248359 | PA      | $9312953.69   | 1.67%             | 2064-12-22      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| METROCOMMUNICATIONSI0.0125FEB55                             | METROCOMMUNICATIONSI0.0125FEB55                                 | CUSIP: 59161FAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3002183 | PA      | $3107259.85   | 0.56%             | 2055-02-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| New Residential Mortgage Loan Trust 2024-Nqm3               | NRZT 2024-NQM3 M1                                               | CUSIP: 647910AF5<br>LEI: 213800HBIGZVLLQA9I67 | Long             | ABS-O            | CORP              | US        |   3885000 | PA      | $3923898.95   | 0.70%             | 2064-11-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MTG TR 2024-12                                    | AOMT 2024-12 M1B                                                | CUSIP: 034932AE3<br>LEI: 254900S8TF74AZOT0548 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3027899.40   | 0.54%             | 2069-10-25      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| CPS AUTO SECURITIZATION TRUST 2026-1                        | CPS 2026-1 A                                                    | CUSIP: 12676NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14917000 | PA      | $14917000.00  | 2.67%             | 2033-05-17      | Fixed         | 8.75%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 5.650 12/2055 Class C                | Sallie Mae Unlevered - 5.650 12/2055 Class C                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     99525 | PA      | $99525.33     | 0.02%             | 2055-12-25      | Fixed         | 5.65%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Levered - 15.000 03/2034                         | Sallie Mae Levered - 15.000 03/2034                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    154785 | PA      | $154784.69    | 0.03%             | 2034-03-26      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| UNLOCK HEA TRUST 2024-2                                     | UNLOK 2024-2 A                                                  | CUSIP: 91528AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    979178 | PA      | $977275.98    | 0.18%             | 2039-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Levered - TL DD B 11/25 (Mezz)                   | Sallie Mae Levered - TL DD B 11/25 (Mezz)                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6215694 | PA      | $6215694.00   | 1.11%             | 2032-11-22      | Floating      | 2.86%                 | No            |                  3 | On Loan: No      |
| SunPower Financial TL 01/25 (Q1 2025)                       | SunPower Financial TL 01/25 (Q1 2025)                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2816460 | PA      | $2816459.95   | 0.50%             | 2054-08-30      | Fixed         | 6.69%                 | No            |                  3 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-8                             | AOMT 2025-8 M1                                                  | CUSIP: 03466UAD6<br>LEI: 254900WZRTR935QJJ709 | Long             | ABS-O            | CORP              | US        |   2153000 | PA      | $2160023.52   | 0.39%             | 2070-07-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| MESA Trust 2025-1 - MESA TRUST 2025-1 R                     | MESA Trust 2025-1 - MESA TRUST 2025-1 R                         | CUSIP: 590929AD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    726904 | PA      | $728212.43    | 0.13%             | 2060-06-25      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Sunnova Energy Corp - SNVA 2024-3 A                         | Sunnova Energy Corp - SNVA 2024-3 A                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19521196 | PA      | $19216665.42  | 3.44%             | 2059-07-30      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 5.500 12/2055 Class C (Jan26)        | Sallie Mae Unlevered - 5.500 12/2055 Class C (Jan26)            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145987 | PA      | $146614.25    | 0.03%             | 2055-12-25      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 0.000 12/2055 Class R (Equity)       | Sallie Mae Unlevered - 0.000 12/2055 Class R (Equity)           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    329275 | PA      | $339680.15    | 0.06%             | 2055-12-25      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Grayrock Fund IV Abs Issuer LLC - GRAYROCK 2026-2 A         | Grayrock Fund IV Abs Issuer LLC - GRAYROCK 2026-2 A             | CUSIP: 389470AA3<br>LEI: 25490087KE8960EOQH29 | Long             | ABS-O            | CORP              | US        |   9275728 | PA      | $9275727.96   | 1.66%             | 2041-02-15      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL         | Sallie Mae Unlevered - 1.200 12/2055 FRN Class A-FL             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    197145 | PA      | $195981.89    | 0.04%             | 2055-12-25      | Floating      | 5.16%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Unlevered - 4.950 12/2055 Class A-FX             | Sallie Mae Unlevered - 4.950 12/2055 Class A-FX                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2523216 | PA      | $2523972.74   | 0.45%             | 2055-12-25      | Fixed         | 4.95%                 | No            |                  3 | On Loan: No      |
| Sallie Mae Levered - 13.000 01/2034 (Jan26)                 | Sallie Mae Levered - 13.000 01/2034 (Jan26)                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1207408 | PA      | $1207407.93   | 0.22%             | 2034-01-27      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Sunnova Sol IX Issuer LLC - Sunnova 2025-1 Class B          | Sunnova Sol IX Issuer LLC - Sunnova 2025-1 Class B              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    666420 | PA      | $637963.61    | 0.11%             | 2060-01-30      | Fixed         | 8.65%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

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

**Signature:** Thomas Murphy

**Name of Signer:** Thomas Murphy

**Title:** CFO of ABIF