# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001752724-23-071948
**Filing Date:** 2023-3
**Character Count:** 153158
**Document Hash:** 8bb3df2df4a6df6f5296909eb98dffd6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071948.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071948

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 23774064

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### BlackRock Floating Rate Loan ETF (Series ID: S000077718)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000238207 | BlackRock Floating Rate Loan ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23511

- **c. CIK number of Registrant:** 0001804196

- **d. LEI of Registrant:** 549300PLJCTZLQ2LE832

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Floating Rate Loan ETF

- **b. EDGAR series identifier (if any):** S000077718

- **c. LEI of Series:** 549300ROS5C1CAWJAS67

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $21588458.04

**Total Liabilities:** $810424.61

**Net Assets:** $20778033.43

**Delayed Delivery Securities:** $480441.07

**Cash Not Reported:** $87247.90

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 61.79000000 | **1-Year:** 0.00000000 | **5-Year:** 44.61000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 4131.37000000 | **1-Year:** 22.10000000 | **5-Year:** 511.07000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238207 | 1.49%                | 0.38%                | 2.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4033.80                 | $180875.88                                 |
| Month 2  | $-2154.68                | $-50537.08                                 |
| Month 3  | $8795.92                 | $367302.04                                 |

**Designated Index Information**

- **Index Name:** Morningstar LSTA Leveraged Loan Index

- **Index Identifier:** SPBDAL

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Trident TPI Holdings, Inc.                           | Trident TPI Holdings, Inc. 2021 Incremental Term Loan                               | CUSIP: 00216EAE9<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |     23939 | PA      | $23456.37     | 0.11%             | 2028-09-15      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Penn National Gaming, Inc.                           | Penn National Gaming, Inc. 2022 Term Loan B                                         | CUSIP: 70757DAZ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69825 | PA      | $69727.50     | 0.34%             | 2029-05-03      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc.  | Element Materials Technology Group US Holdings Inc. 2022 USD Delayed Draw Term Loan | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |     18947 | PA      | $18765.85     | 0.09%             | 2029-07-06      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| LSF11 A5 Holdco LLC                                  | LSF11 A5 Holdco LLC Term Loan                                                       | CUSIP: 50216YAB6<br>LEI: 254900FPK7P5WNA66Y10 | Long             | LON              | CORP              | US        |     55000 | PA      | $53247.15     | 0.26%             | 2028-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AssuredPartners, Inc.                                | AssuredPartners, Inc. 2020 Term Loan B                                              | CUSIP: 04621HAN3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |     99743 | PA      | $98578.93     | 0.47%             | 2027-02-12      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| CNT Holdings I Corp                                  | CNT Holdings I Corp 2020 Term Loan                                                  | CUSIP: 12656AAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     39898 | PA      | $39343.49     | 0.19%             | 2027-11-08      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| USIC Holdings, Inc.                                  | USIC Holdings, Inc. 2021 Term Loan                                                  | CUSIP: 90290HAP7<br>LEI: 5493009ZYUWB7X699U62 | Long             | LON              | CORP              | US        |     39899 | PA      | $38710.40     | 0.19%             | 2028-05-12      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| MED ParentCo LP                                      | MED ParentCo LP 1st Lien Term Loan                                                  | CUSIP: 58401DAC8<br>LEI: 549300660CLPRNK19Z91 | Long             | LON              | CORP              | US        |     49871 | PA      | $44640.15     | 0.21%             | 2026-08-31      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Beacon Roofing Supply, Inc.                          | Beacon Roofing Supply, Inc. 2021 Term Loan B                                        | CUSIP: 07368RAF8<br>LEI: 549300HDXQWWCBOYXP31 | Long             | LON              | CORP              | US        |     39899 | PA      | $39832.10     | 0.19%             | 2028-05-19      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Informatica LLC                                      | Informatica LLC 2021 USD Term Loan B                                                | CUSIP: 45673YAH9<br>LEI: 5493007SV33RZV7RPS40 | Long             | LON              | CORP              | US        |     99749 | PA      | $99405.60     | 0.48%             | 2028-10-27      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Allied Universal                                     | Allied Universal Holdco LLC / Allied Universal Finance Corp                         | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $77031.20     | 0.37%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Belron Finance US LLC                                | Belron Finance US LLC 2021 USD Term Loan B                                          | CUSIP: 08078UAF0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     49873 | PA      | $49779.84     | 0.24%             | 2028-04-13      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                       | Cloudera, Inc. 2021 Term Loan                                                       | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |     44774 | PA      | $42921.57     | 0.21%             | 2028-10-08      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Camelot U.S. Acquisition LLC                         | Camelot U.S. Acquisition LLC Term Loan B                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |     62494 | PA      | $62337.34     | 0.30%             | 2026-10-30      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                         | Bausch Health Companies Inc. 2022 Term Loan B                                       | CUSIP: 000000000<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | LON              | CORP              | CA        |     39620 | PA      | $30387.15     | 0.15%             | 2027-02-01      | Variable      | 9.83%                 | No            |                  2 | On Loan: No      |
| USI, INC.                                            | USI, Inc. 2022 Incremental Term Loan                                                | CUSIP: 90351NAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    164588 | PA      | $164546.35    | 0.79%             | 2029-11-22      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| AmWINS Group, Inc.                                   | AmWINS Group, Inc. 2021 Term Loan B                                                 | CUSIP: 03234TAW8<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |     69822 | PA      | $69334.63     | 0.33%             | 2028-02-19      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Momentive Performance Materials Inc.                 | Momentive Performance Materials Inc. Term Loan B                                    | CUSIP: 60877JAB8<br>LEI: 54930021ZH8MCUXACZ50 | Long             | LON              | CORP              | US        |     29922 | PA      | $29875.80     | 0.14%             | 2024-05-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                       | Core & Main LP 2021 Term Loan B                                                     | CUSIP: 40416VAE5<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |    124684 | PA      | $124099.57    | 0.60%             | 2028-07-27      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Banff Merger Sub Inc                                 | Banff Merger Sub Inc 2021 USD Term Loan                                             | CUSIP: 05988HAE7<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |     49854 | PA      | $48925.77     | 0.24%             | 2025-10-02      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Galaxy US Opco Inc.                                  | Galaxy US Opco Inc. Term Loan                                                       | CUSIP: 36321DAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84788 | PA      | $77050.64     | 0.37%             | 2029-04-29      | Variable      | 9.31%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                           | Cloud Software Group, Inc. 2022 USD Term Loan                                       | CUSIP: 88632NAV2<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |    210000 | PA      | $193462.50    | 0.93%             | 2029-03-30      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Corp.                        | Frontier Communications Corp. 2021 1st Lien Term Loan                               | CUSIP: 35906EAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     29924 | PA      | $29278.70     | 0.14%             | 2028-05-01      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Medline Borrower, LP                                 | Medline Borrower, LP USD Term Loan B                                                | CUSIP: 58503UAC7<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    184535 | PA      | $178973.29    | 0.86%             | 2028-10-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Fleetcor Technologies Operating Company, LLC         | Fleetcor Technologies Operating Company, LLC 2021 Term Loan B4                      | CUSIP: 33903RAY5<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |     59848 | PA      | $59614.24     | 0.29%             | 2028-04-28      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC               | Cushman & Wakefield U.S. Borrower, LLC 2020 Term Loan B                             | CUSIP: 23340DAP7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     89769 | PA      | $89320.38     | 0.43%             | 2025-08-21      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| GOGO Intermediate Holdings LLC                       | GOGO Intermediate Holdings LLC Term Loan B                                          | CUSIP: 38046JAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     19949 | PA      | $19917.25     | 0.10%             | 2028-04-30      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ICON LUXEMBOURG SARL                                 | ICON LUXEMBOURG SARL                                                                | CUSIP: 000000000<br>LEI: 549300R1HR1VWWHIAK47 | Long             | LON              | CORP              | LU        |     19039 | PA      | $19032.19     | 0.09%             | 2028-07-03      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Trans Union, LLC                                     | Trans Union, LLC 2021 Term Loan B6                                                  | CUSIP: 89334GAZ7<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |     87627 | PA      | $87387.57     | 0.42%             | 2028-12-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Tosca Services, LLC                                  | Tosca Services, LLC 2021 Term Loan                                                  | CUSIP: 89148PAF7<br>LEI: 5493005QOAEK5WNBJW47 | Long             | LON              | CORP              | US        |     49873 | PA      | $40064.29     | 0.19%             | 2027-08-18      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Hostess Brands, LLC                                  | Hostess Brands, LLC 2019 Term Loan                                                  | CUSIP: 44108HAJ0<br>LEI: 549300SW7FLS4O41LD19 | Long             | LON              | CORP              | US        |     72615 | PA      | $72587.03     | 0.35%             | 2025-08-03      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Brand Energy & Infrastructure Services, Inc.         | Brand Energy & Infrastructure Services, Inc. 2017 Term Loan                         | CUSIP: 10524MAN7<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |     84776 | PA      | $78977.92     | 0.38%             | 2024-06-21      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc.                               | SS&C Technologies Inc. 2018 Term Loan B3                                            | CUSIP: 78466DBD5<br>LEI: 549300KY09TR3J12JU49 | Long             | LON              | CORP              | US        |     26815 | PA      | $26748.27     | 0.13%             | 2025-04-16      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Camelot U.S. Acquisition LLC                         | Camelot U.S. Acquisition LLC 2020 Incremental Term Loan B                           | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |     83550 | PA      | $83419.28     | 0.40%             | 2026-10-30      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                              | American Airlines, Inc. 2017 1st Lien Term Loan                                     | CUSIP: 02376CAX3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |     39592 | PA      | $38376.77     | 0.18%             | 2027-01-29      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Sotera Health Holdings, LLC                          | Sotera Health Holdings, LLC 2021 Term Loan                                          | CUSIP: 83600VAE1<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |     49489 | PA      | $47540.62     | 0.23%             | 2026-12-11      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Sotheby's                                            | Sotheby's 2021 Term Loan B                                                          | CUSIP: 08883CAE8<br>LEI: 549300P5BAAMQQ7VL735 | Long             | LON              | CORP              | US        |     39798 | PA      | $39598.99     | 0.19%             | 2027-01-15      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| CDK GLOBAL, INC.                                     | CDK Global, Inc. 2022 USD Term Loan B                                               | CUSIP: 15477BAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    120000 | PA      | $119662.80    | 0.58%             | 2029-07-06      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| PLAYA RESORTS HOLDING B.V.                           | Playa Resorts Holding B.V. 2022 Term Loan B                                         | CUSIP: 72812NAJ5<br>LEI: 5493005SPBUMPZZCIZ96 | Long             | LON              | CORP              | NL        |     16000 | PA      | $15877.12     | 0.08%             | 2029-01-05      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                               | GFL Environmental Inc. 2020 Term Loan                                               | CUSIP: 000000000<br>LEI: 549300FYK4MBXWIVZU26 | Long             | LON              | CORP              | CA        |     19949 | PA      | $19982.43     | 0.10%             | 2025-05-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chamberlain Group Inc                                | Chamberlain Group Inc Term Loan B                                                   | CUSIP: 15963CAC0<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |     89773 | PA      | $86556.72     | 0.42%             | 2028-11-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Springs Windows Fashions, LLC                        | Springs Windows Fashions, LLC 2021 Term Loan B                                      | CUSIP: 78489HAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     49874 | PA      | $42502.44     | 0.20%             | 2028-10-06      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| AqGen Ascensus, Inc.                                 | AqGen Ascensus, Inc. 2021 2nd Lien Term Loan                                        | CUSIP: 03836BAE9<br>LEI: 549300K5MHNFPEU2RK82 | Long             | LON              | CORP              | US        |     32562 | PA      | $28980.53     | 0.14%             | 2029-08-02      | Floating      | 11.31%                | No            |                  2 | On Loan: No      |
| Fertitta Entertainment, LLC                          | Fertitta Entertainment, LLC 2022 Term Loan B                                        | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |    139648 | PA      | $137883.09    | 0.66%             | 2029-01-27      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| White Cap Buyer LLC                                  | White Cap Buyer LLC Term Loan B                                                     | CUSIP: 96350TAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79598 | PA      | $78816.33     | 0.38%             | 2027-10-19      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                    | Motion Finco Sarl USD Term Loan B1                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     34922 | PA      | $34383.03     | 0.17%             | 2026-11-12      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Stars Group Holdings B.V. (The)                      | Stars Group Holdings B.V. (The) 2022 USD Term Loan B                                | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |     49875 | PA      | $49943.83     | 0.24%             | 2028-07-22      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC            | Oryx Midstream Services Permian Basin LLC Term Loan B                               | CUSIP: 68764JAB7<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |     70277 | PA      | $70013.59     | 0.34%             | 2028-10-05      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| eResearchTechnology, Inc.                            | eResearchTechnology, Inc. 2020 1st Lien Term Loan                                   | CUSIP: 29481PAH4<br>LEI: 2549003SUFVGC903CK03 | Long             | LON              | CORP              | US        |     59847 | PA      | $55934.98     | 0.27%             | 2027-02-04      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                        | Peraton Corp. Term Loan B                                                           | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |     79793 | PA      | $79294.49     | 0.38%             | 2028-02-01      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Perrigo Investments, LLC                             | Perrigo Investments, LLC Term Loan B                                                | CUSIP: 71429TAC4<br>LEI: 549300POZGC78VHAAJ73 | Long             | LON              | CORP              | US        |     24937 | PA      | $24968.51     | 0.12%             | 2029-04-20      | Variable      | 7.16%                 | No            |                  3 | On Loan: No      |
| ViaSat, Inc.                                         | ViaSat, Inc. Term Loan                                                              | CUSIP: 92555WAD7<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | LON              | CORP              | US        |     59850 | PA      | $59718.55     | 0.29%             | 2029-03-02      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                           | Restoration Hardware, Inc. 2022 Incremental Term Loan                               | CUSIP: 76133MAC5<br>LEI: 5493008MTS3OGGMHGK69 | Long             | LON              | CORP              | US        |     19950 | PA      | $19376.44     | 0.09%             | 2028-10-20      | Variable      | 7.91%                 | No            |                  2 | On Loan: No      |
| Emerald TopCo Inc                                    | Emerald TopCo Inc Term Loan                                                         | CUSIP: 29102TAB8<br>LEI: 549300HC42NZULO53062 | Long             | LON              | CORP              | US        |     64832 | PA      | $61854.07     | 0.30%             | 2026-07-24      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                            | Atlas CC Acquisition Corp Term Loan C                                               | CUSIP: 04921TAC8<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |     16016 | PA      | $14013.73     | 0.07%             | 2028-05-25      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| TRITON WATER HOLDINGS IN                             | Triton Water Holdings Inc                                                           | CUSIP: 89680EAA7<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31728.00     | 0.15%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SOPHIA, L.P.                                         | Sophia, L.P. 2021 Term Loan B                                                       | CUSIP: 83578BAN3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |     84773 | PA      | $83492.66     | 0.40%             | 2027-10-07      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| BWAY Holding Company                                 | BWAY Holding Company 2017 Term Loan B                                               | CUSIP: 05604XAP1<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |     79789 | PA      | $78991.03     | 0.38%             | 2024-04-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Altice Financing SA                                  | Altice Financing SA USD 2017 1st Lien Term Loan                                     | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | LON              | CORP              | LU        |     39790 | PA      | $38894.74     | 0.19%             | 2026-01-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                      | CoreLogic, Inc. Term Loan                                                           | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    109773 | PA      | $92918.23     | 0.45%             | 2028-06-02      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| William Morris Endeavor Entertainment, LLC           | William Morris Endeavor Entertainment, LLC 2018 1st Lien Term Loan                  | CUSIP: 96925HAF9<br>LEI: 5493008R7J9HEQ30DZ33 | Long             | LON              | CORP              | US        |    133028 | PA      | $132077.68    | 0.64%             | 2025-05-18      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group Inc.                       | Sinclair Television Group Inc. 2022 Term Loan B4                                    | CUSIP: 82925BAG0<br>LEI: 549300CQGEN0CH65UD62 | Long             | LON              | CORP              | US        |     49875 | PA      | $48902.13     | 0.24%             | 2029-04-21      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| KKR Apple Bidco, LLC                                 | KKR Apple Bidco, LLC 2021 Term Loan                                                 | CUSIP: 48254EAB7<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |     39899 | PA      | $39724.88     | 0.19%             | 2028-09-23      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Connect Finco Sarl                                   | Connect Finco Sarl 2021 Term Loan B                                                 | CUSIP: 000000000<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    124679 | PA      | $123640.91    | 0.60%             | 2026-12-11      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| IPS CORPORATION                                      | IPS Corporation 2021 Term Loan                                                      | CUSIP: 12659EAC2<br>LEI: 25490024F0AS5UR7DB02 | Long             | LON              | CORP              | US        |     25393 | PA      | $23084.03     | 0.11%             | 2028-10-02      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                                     | IRB Holding Corp 2020 Term Loan B                                                   | CUSIP: 44988LAF4<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |     99738 | PA      | $99504.83     | 0.48%             | 2025-02-05      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                               | Aramark Services, Inc. 2021 Term Loan B                                             | CUSIP: 03852JAS0<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |     20000 | PA      | $19937.60     | 0.10%             | 2028-04-06      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Company, Inc.              | Hilton Domestic Operating Company, Inc. 2019 Term Loan B2                           | CUSIP: 43289DAH6<br>LEI: 549300406TN7EY0NPH20 | Long             | LON              | CORP              | US        |     70000 | PA      | $69878.90     | 0.34%             | 2026-06-22      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| I-Logic Technologies Bidco Limited                   | I-Logic Technologies Bidco Limited 2021 USD Term Loan B                             | CUSIP: 00510DAB0<br>LEI: 213800PHEXJH1L7ZN896 | Long             | LON              | CORP              | US        |     20000 | PA      | $19685.00     | 0.09%             | 2028-02-16      | Variable      | 8.73%                 | No            |                  2 | On Loan: No      |
| Medical Solutions Holdings, Inc.                     | Medical Solutions Holdings, Inc. 2021 1st Lien Term Loan                            | CUSIP: 58462QAH4<br>LEI: 549300JH2XHZ7TIKYR39 | Long             | LON              | CORP              | US        |     44888 | PA      | $43300.28     | 0.21%             | 2028-11-01      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| AVSC Holding Corp.                                   | AVSC Holding Corp. 2020 Term Loan B1                                                | CUSIP: 00241YAT1<br>LEI: 549300CLJBQ9YSR4U689 | Long             | LON              | CORP              | US        |     44907 | PA      | $41995.51     | 0.20%             | 2025-03-03      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx High Yield Corporate Bond ETF          | iShares iBoxx High Yield Corporate Bond ETF                                         | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |      3975 | NS      | $303411.75    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Incorporated                    | Elanco Animal Health Incorporated Term Loan B                                       | CUSIP: 28414BAF3<br>LEI: 549300SHPNDCE059M934 | Long             | LON              | CORP              | US        |     63999 | PA      | $62959.19     | 0.30%             | 2027-08-01      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Corp.                    | Mavis Tire Express Services Corp. 2021 Term Loan B                                  | CUSIP: 57777YAB2<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |     59848 | PA      | $58576.33     | 0.28%             | 2028-05-04      | Variable      | 8.63%                 | No            |                  2 | On Loan: No      |
| LABL, Inc.                                           | LABL, Inc. 2021 USD 1st Lien Term Loan                                              | CUSIP: 50168EAN2<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |     29924 | PA      | $29144.30     | 0.14%             | 2028-10-29      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                              | Realogy Group LLC / Realogy Co-Issuer Corp                                          | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $50992.50     | 0.25%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUG LLC                                              | PUG LLC USD Term Loan                                                               | CUSIP: 74530DAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99794 | PA      | $83577.76     | 0.40%             | 2027-02-12      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc.                                           | IQVIA Inc. 2018 USD Term Loan B3                                                    | CUSIP: 44969CBJ8<br>LEI: 549300PLWY28YB00C717 | Long             | LON              | CORP              | US        |     30000 | PA      | $29953.20     | 0.14%             | 2025-06-11      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| NASCAR Holdings, Inc                                 | NASCAR Holdings, Inc Term Loan B                                                    | CUSIP: 63108EAB4<br>LEI: 254900HRWKQR5V0WN013 | Long             | LON              | CORP              | US        |     18954 | PA      | $18945.94     | 0.09%             | 2026-10-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corporation                          | Epicor Software Corporation 2020 2nd Lien Term Loan                                 | CUSIP: 29426NAQ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |     80000 | PA      | $79683.20     | 0.38%             | 2028-07-31      | Floating      | 12.32%                | No            |                  2 | On Loan: No      |
| Baldwin Risk Partners, LLC                           | Baldwin Risk Partners, LLC 2021 Term Loan B                                         | CUSIP: 05825HAD6<br>LEI: 5493004GCDREAQPPYG20 | Long             | LON              | CORP              | US        |     49873 | PA      | $49156.74     | 0.24%             | 2027-10-14      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| Pregis TopCo Corporation                             | Pregis TopCo Corporation 1st Lien Term Loan                                         | CUSIP: 74045BAC1<br>LEI: 549300LJXHJYHS1GM034 | Long             | LON              | CORP              | US        |     19949 | PA      | $19692.05     | 0.09%             | 2026-07-31      | Variable      | 8.43%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                           | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68340.80     | 0.33%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                   | Alliant Holdings Intermediate, LLC 2021 Term Loan B4                                | CUSIP: 01881UAJ4<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |     59848 | PA      | $59712.62     | 0.29%             | 2027-11-06      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| Advisor Group, Inc.                                  | Advisor Group, Inc. 2021 Term Loan                                                  | CUSIP: 00775KAE8<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |     59846 | PA      | $59349.64     | 0.29%             | 2026-07-31      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| Avantor Funding, Inc.                                | Avantor Funding, Inc. 2021 Term Loan B5                                             | CUSIP: 05350NAL8<br>LEI: 5493003VM0XB4U8YD238 | Long             | LON              | CORP              | US        |     63198 | PA      | $63127.55     | 0.30%             | 2027-11-08      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Barracuda Networks, Inc.                             | Barracuda Networks, Inc. 2022 Term Loan                                             | CUSIP: 06832FAB3<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |     30000 | PA      | $29030.40     | 0.14%             | 2029-08-15      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Axalta Coating Systems Dutch Holding B B.V           | Axalta Coating Systems Dutch Holding B B.V 2022 USD Term Loan B                     | CUSIP: 90347BAJ7<br>LEI: 549300NZ43V4QV4UGN28 | Long             | LON              | CORP              | US        |     39000 | PA      | $39146.25     | 0.19%             | 2029-12-20      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2021 Second Lien Term Loan B4                                           | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |     25000 | PA      | $20859.50     | 0.10%             | 2029-01-20      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                             | Energizer Holdings, Inc. 2020 Term Loan                                             | CUSIP: 000000000<br>LEI: 5493000D6NN0V57UME20 | Long             | LON              | CORP              | US        |     18677 | PA      | $18601.01     | 0.09%             | 2027-12-22      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                  | Station Casinos LLC 2020 Term Loan B                                                | CUSIP: 85769EAZ4<br>LEI: 5493004E7Q60TX54WL62 | Long             | LON              | CORP              | US        |     39896 | PA      | $39566.27     | 0.19%             | 2027-02-08      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Vertiv Group Corporation                             | Vertiv Group Corporation 2021 Term Loan B                                           | CUSIP: 92537EAC2<br>LEI: 549300ZT8RQ5VK10E643 | Long             | LON              | CORP              | US        |     84569 | PA      | $84145.68     | 0.40%             | 2027-03-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                | Uber Technologies Inc                                                               | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71339.20     | 0.34%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Equinox Holdings, Inc.                               | Equinox Holdings, Inc. 2017 1st Lien Term Loan                                      | CUSIP: 29446CAP9<br>LEI: 549300W05QKLNGQIIA73 | Long             | LON              | CORP              | US        |    136645 | PA      | $105558.06    | 0.51%             | 2024-03-08      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                          | McAfee, LLC 2022 USD Term Loan B                                                    | CUSIP: 57906HAD9<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |     89774 | PA      | $84556.75     | 0.41%             | 2029-03-01      | Variable      | 8.42%                 | No            |                  2 | On Loan: No      |
| Gates Global LLC                                     | Gates Global LLC 2021 Term Loan B3                                                  | CUSIP: 36740UAT9<br>LEI: 549300XI79MQJV13DW27 | Long             | LON              | CORP              | US        |     69822 | PA      | $69499.30     | 0.33%             | 2027-03-31      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings, Inc.                            | Zayo Group Holdings, Inc. USD Term Loan                                             | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    145000 | PA      | $121347.60    | 0.58%             | 2027-03-09      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware, Inc.                           | Restoration Hardware, Inc. Term Loan B                                              | CUSIP: 76133MAB7<br>LEI: 5493008MTS3OGGMHGK69 | Long             | LON              | CORP              | US        |     19949 | PA      | $19155.70     | 0.09%             | 2028-10-20      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Dealer Tire Financial, LLC                           | Dealer Tire Financial, LLC Term Loan B2                                             | CUSIP: 24228HAN8<br>LEI: 894500QBE5Z2XQWCJ779 | Long             | LON              | CORP              | US        |     40000 | PA      | $39987.60     | 0.19%             | 2027-12-14      | Variable      | 9.06%                 | No            |                  2 | On Loan: No      |
| CCC Intelligent Solutions Inc.                       | CCC Intelligent Solutions Inc. Term Loan                                            | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |     49874 | PA      | $49699.50     | 0.24%             | 2028-09-21      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                             | Virgin Media Bristol LLC USD Term Loan N                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     30000 | PA      | $29816.40     | 0.14%             | 2028-01-31      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Gainwell Acquisition Corp.                           | Gainwell Acquisition Corp. Term Loan B                                              | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69822 | PA      | $68070.75     | 0.33%             | 2027-10-01      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Medallion Midland Acquisition, LLC                   | Medallion Midland Acquisition, LLC 2021 Term Loan                                   | CUSIP: 58404BAD7<br>LEI: 549300QCYU94ZA2ELG48 | Long             | LON              | CORP              | US        |     49874 | PA      | $49811.72     | 0.24%             | 2028-10-18      | Variable      | 8.59%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                      | Naked Juice LLC 2nd Lien Term Loan                                                  | CUSIP: 62984CAB9<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |     75000 | PA      | $61593.75     | 0.30%             | 2030-01-24      | Floating      | 10.68%                | No            |                  2 | On Loan: No      |
| Jazz Financing Lux S.a.r.l.                          | Jazz Financing Lux S.a.r.l. USD Term Loan                                           | CUSIP: 000000000<br>LEI: 635400WUEO2NSG5OIU34 | Long             | LON              | CORP              | LU        |     79775 | PA      | $79662.98     | 0.38%             | 2028-05-05      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2021 2nd Lien Term Loan B3                                              | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |     30000 | PA      | $24915.00     | 0.12%             | 2028-01-31      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| Verscend Holding Corp.                               | Verscend Holding Corp. 2021 Term Loan B                                             | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84785 | PA      | $84542.33     | 0.41%             | 2025-08-27      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Aruba Investments, Inc.                              | Aruba Investments, Inc. 2020 USD Term Loan                                          | CUSIP: 04317JAB4<br>LEI: 254900GMIYFF4FZ0A357 | Long             | LON              | CORP              | US        |     24937 | PA      | $24687.50     | 0.12%             | 2027-11-24      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Caesars Resort Collection, LLC                       | Caesars Resort Collection, LLC 2020 Term Loan B1                                    | CUSIP: 12769LAD1<br>LEI: 549300V3UCT773B1KR38 | Long             | LON              | CORP              | US        |     23893 | PA      | $23874.32     | 0.11%             | 2025-07-21      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Option Care Health, Inc.                             | Option Care Health, Inc. 2021 Term Loan B                                           | CUSIP: 68404YAB0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | LON              | CORP              | US        |     39899 | PA      | $39869.32     | 0.19%             | 2028-10-27      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                         | Centene Corp                                                                        | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37987.20     | 0.18%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Organon & Co                                         | Organon & Co USD Term Loan                                                          | CUSIP: 68621XAE3<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |     70000 | PA      | $69787.20     | 0.34%             | 2028-06-02      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Deerfield Dakota Holding, LLC                        | Deerfield Dakota Holding, LLC 2021 USD 2nd Lien Term Loan                           | CUSIP: 24440EAG2<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |     50000 | PA      | $47062.50     | 0.23%             | 2028-04-07      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                    | Polaris Newco LLC USD Term Loan B                                                   | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    109773 | PA      | $104180.91    | 0.50%             | 2028-06-02      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Severin Acquisition, LLC                             | Severin Acquisition, LLC 2018 Term Loan B                                           | CUSIP: 81812HAB6<br>LEI: 549300L10R4RABI1ER67 | Long             | LON              | CORP              | US        |     39896 | PA      | $39846.23     | 0.19%             | 2025-08-01      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| Nomad Foods Europe Midco Limited                     | Nomad Foods Europe Midco Limited 2022 Term Loan B                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     30159 | PA      | $30213.44     | 0.15%             | 2029-11-12      | Variable      | 8.23%                 | No            |                  2 | On Loan: No      |
| Caesars Resort Collection, LLC                       | Caesars Resort Collection, LLC 2017 1st Lien Term Loan B                            | CUSIP: 12769LAB5<br>LEI: 549300V3UCT773B1KR38 | Long             | LON              | CORP              | US        |     62421 | PA      | $62338.35     | 0.30%             | 2024-12-23      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                     | IRB Holding Corp                                                                    | CUSIP: 44988MAC9<br>LEI: 549300HVW4WNWYBXN830 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60195.60     | 0.29%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Froneri International Ltd.                           | Froneri International Ltd. 2020 USD Term Loan                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    114706 | PA      | $113481.97    | 0.55%             | 2027-01-29      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group Inc (The)                    | Ultimate Software Group Inc (The) Term Loan B                                       | CUSIP: 90385KAB7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     39897 | PA      | $39470.41     | 0.19%             | 2026-05-04      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS, LLC                        | FOCUS FINANCIAL PARTNERS, LLC                                                       | CUSIP: 34416DAU2<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |     29924 | PA      | $29874.08     | 0.14%             | 2028-06-30      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| Calpine Construction Finance Company, L.P.           | Calpine Construction Finance Company, L.P. 2017 Term Loan B                         | CUSIP: 13134NAG6<br>LEI: V0Q3DOB0FIB2XI1KWU77 | Long             | LON              | CORP              | US        |     19948 | PA      | $19915.39     | 0.10%             | 2025-01-15      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Herschend Entertainment Company, LLC                 | Herschend Entertainment Company, LLC 2021 Term Loan                                 | CUSIP: 42778EAF8<br>LEI: 54930087KQ7RPDXK0716 | Long             | LON              | CORP              | US        |     49874 | PA      | $49832.34     | 0.24%             | 2028-08-27      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| W.R. Grace & Co.-Conn.                               | W.R. Grace & Co.-Conn. 2021 Term Loan B                                             | CUSIP: 92943HAB5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | LON              | CORP              | US        |     19950 | PA      | $19807.18     | 0.10%             | 2028-09-22      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming Inc. (New)                         | Genesee & Wyoming Inc. (New) Term Loan                                              | CUSIP: 55316HAB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |     19949 | PA      | $19905.03     | 0.10%             | 2026-12-30      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Titan Acquisition Limited                            | Titan Acquisition Limited 2018 Term Loan B                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |     79791 | PA      | $77683.31     | 0.37%             | 2025-03-28      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                | HUB International Ltd                                                               | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59685.00     | 0.29%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ICON LUXEMBOURG SARL                                 | ICON LUXEMBOURG SARL                                                                | CUSIP: 000000000<br>LEI: 635400PUWMHSPI2DDA35 | Long             | LON              | CORP              | LU        |     76417 | PA      | $76388.30     | 0.37%             | 2028-07-03      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Sovos Brands Intermediate, Inc.                      | Sovos Brands Intermediate, Inc. 2021 Term Loan                                      | CUSIP: 84611UAH1<br>LEI: 549300LNTCFBIDJ7R637 | Long             | LON              | CORP              | US        |     70000 | PA      | $68707.80     | 0.33%             | 2028-06-08      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| OXEA HOLDING DREI GMBH                               | Oxea Holding Drei GmbH 2017 USD Term Loan B2                                        | CUSIP: 000000000<br>LEI: 529900MSP24R2FE9U796 | Long             | LON              | CORP              | US        |     64773 | PA      | $62830.09     | 0.30%             | 2024-10-14      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                      | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $74914.40     | 0.36%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                        | Surgery Center Holdings, Inc. 2021 Term Loan                                        | CUSIP: 86880NAX1<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |     18029 | PA      | $17979.49     | 0.09%             | 2026-08-31      | Floating      | 8.21%                 | No            |                  2 | On Loan: No      |
| AlixPartners, LLP                                    | AlixPartners, LLP 2021 USD Term Loan B                                              | CUSIP: 01642PBB1<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |     79797 | PA      | $79608.63     | 0.38%             | 2028-02-04      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Stars Group Holdings B.V. (The)                      | Stars Group Holdings B.V. (The) 2018 USD Incremental Term Loan                      | CUSIP: 000000000<br>LEI: 549300RNFXC8F8RT6R13 | Long             | LON              | CORP              | NL        |     59848 | PA      | $59712.62     | 0.29%             | 2026-07-21      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| Element Materials Technology Group US Holdings Inc.  | Element Materials Technology Group US Holdings Inc. 2022 USD Term Loan              | CUSIP: 000000000<br>LEI: 213800EGOJGGUKUGEZ30 | Long             | LON              | CORP              | US        |     41053 | PA      | $40659.35     | 0.20%             | 2029-07-06      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Dun & Bradstreet Corporation (The)                   | Dun & Bradstreet Corporation (The) Term Loan                                        | CUSIP: 26483NAN0<br>LEI: RI37BMPWE56BCJ747E14 | Long             | LON              | CORP              | US        |    159582 | PA      | $159153.83    | 0.77%             | 2026-02-06      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| NortonLifeLock Inc.                                  | NortonLifeLock Inc. 2022 Term Loan B                                                | CUSIP: 66877AAD0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | LON              | CORP              | US        |     46612 | PA      | $46476.35     | 0.22%             | 2029-09-12      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                     | IRB Holding Corp 2022 Term Loan B                                                   | CUSIP: 44988LAH0<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |     21732 | PA      | $21487.52     | 0.10%             | 2027-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Packers Holdings, LLC                                | Packers Holdings, LLC 2021 Term Loan                                                | CUSIP: 69519UAF9<br>LEI: 549300X0L6OJNRPME518 | Long             | LON              | CORP              | US        |     47377 | PA      | $43784.79     | 0.21%             | 2028-03-09      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKNG SOL HLDG COMP                          | MAUSER PACKNG SOL HLDG COMP                                                         | CUSIP: 000000000<br>LEI: 549300DNGHXL0OMHW304 | Long             | LON              | CORP              | US        |     37000 | PA      | $36630.00     | 0.18%             | 2026-08-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| COVANTA HOLDING CORPORATION                          | Covanta Holding Corporation 2021 Term Loan C                                        | CUSIP: 22282GAD9<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |      3361 | PA      | $3361.79      | 0.02%             | 2028-11-30      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties, LP                             | RHP Hotel Properties, LP 2017 Term Loan B                                           | CUSIP: 74958NAG1<br>LEI: 549300SJMSMA2471GA96 | Long             | LON              | CORP              | US        |     79732 | PA      | $79582.44     | 0.38%             | 2024-05-11      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                               | Cushman & Wakefield US Borrower LLC                                                 | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $28979.40     | 0.14%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORPORATION                          | Covanta Holding Corporation 2021 Term Loan B                                        | CUSIP: 22282GAC1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |     44527 | PA      | $44543.29     | 0.21%             | 2028-11-30      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| Curia Global, Inc.                                   | Curia Global, Inc. 2021 Term Loan                                                   | CUSIP: 01242HAM0<br>LEI: CHZJRCSC4ACUSUD2MV11 | Long             | LON              | CORP              | US        |      5000 | PA      | $4302.70      | 0.02%             | 2026-08-30      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| Virgin Media Bristol LLC                             | VIRGIN MEDIA BRISTOL LLC 2020 USD TERM LOAN Q                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24000 | PA      | $23992.56     | 0.12%             | 2029-01-31      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| Sparta U.S. HoldCo LLC                               | Sparta U.S. HoldCo LLC 2021 Term Loan                                               | CUSIP: 84673EAB5<br>LEI: 5493004EFF9NBQ1A8453 | Long             | LON              | CORP              | US        |     39899 | PA      | $39716.50     | 0.19%             | 2028-08-02      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg VII SARL                         | Sunshine Luxembourg VII SARL 2021 Term Loan B3                                      | CUSIP: 000000000<br>LEI: 254900CHQOBZNYV4DY60 | Long             | LON              | CORP              | LU        |    179555 | PA      | $175739.00    | 0.85%             | 2026-10-01      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| WEX Inc.                                             | WEX Inc. 2021 Term Loan                                                             | CUSIP: 96208UAT8<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | LON              | CORP              | US        |     19949 | PA      | $19882.01     | 0.10%             | 2028-03-31      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT CORP                           | CAESARS ENTERTAINMENT CORP                                                          | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     41000 | PA      | $40943.01     | 0.20%             | 2030-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Weber-Stephen Products LLC                           | Weber-Stephen Products LLC Term Loan B                                              | CUSIP: 94767KAN1<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |     79426 | PA      | $69338.90     | 0.33%             | 2027-10-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                      | Madison IAQ LLC                                                                     | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     80000 | PA      | $64275.20     | 0.31%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment, Inc.                      | Live Nation Entertainment, Inc. Term Loan B4                                        | CUSIP: 53803HAM2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | LON              | CORP              | US        |     99742 | PA      | $98277.06     | 0.47%             | 2026-10-17      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                              | American Airlines, Inc. 2021 Term Loan                                              | CUSIP: 02376CBJ3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |     80000 | PA      | $82087.20     | 0.40%             | 2028-04-20      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| ExGen Renewables IV, LLC                             | ExGen Renewables IV, LLC 2020 Term Loan                                             | CUSIP: 30204KAD8<br>LEI: 5493004JBPWTPTK8LB51 | Long             | LON              | CORP              | US        |     40000 | PA      | $39906.40     | 0.19%             | 2027-12-15      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| Deerfield Dakota Holding, LLC                        | Deerfield Dakota Holding, LLC 2020 USD Term Loan B                                  | CUSIP: 24440EAB3<br>LEI: 549300FDREJLOIGXY104 | Long             | LON              | CORP              | US        |    199488 | PA      | $192648.03    | 0.93%             | 2027-04-09      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Go Daddy Operating Company, LLC                      | Go Daddy Operating Company, LLC 2021 Term Loan B4                                   | CUSIP: 38017BAQ9<br>LEI: 5493005GJOH8HLL11157 | Long             | LON              | CORP              | US        |     39898 | PA      | $39809.13     | 0.19%             | 2027-08-10      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Wilsonart LLC                                        | Wilsonart LLC 2021 Term Loan E                                                      | CUSIP: 000000000<br>LEI: 549300SAZRUMYKDJBY14 | Long             | LON              | CORP              | US        |     69822 | PA      | $67749.31     | 0.33%             | 2026-12-31      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                 | Carnival Corporation USD Term Loan B                                                | CUSIP: 000000000<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | LON              | CORP              | PA        |     74821 | PA      | $73538.54     | 0.35%             | 2025-06-30      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| American Builders & Contractors Supply Co., Inc.     | American Builders & Contractors Supply Co., Inc. 2019 Term Loan                     | CUSIP: 02474RAH6<br>LEI: 549300H5GQ4C1BEKG397 | Long             | LON              | CORP              | US        |     59845 | PA      | $59737.04     | 0.29%             | 2027-01-15      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Veritas US Inc.                                      | Veritas US Inc. 2021 USD Term Loan B                                                | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |     59894 | PA      | $40503.09     | 0.19%             | 2025-09-01      | Floating      | 9.73%                 | No            |                  2 | On Loan: No      |
| Pike Corporation                                     | Pike Corporation 2021 Incremental Term Loan B                                       | CUSIP: 72108PAR5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | LON              | CORP              | US        |     30000 | PA      | $29872.50     | 0.14%             | 2028-01-21      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Radiate Holdco, LLC                                  | Radiate Holdco, LLC 2021 Term Loan B                                                | CUSIP: 75025KAH1<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |     88384 | PA      | $73557.53     | 0.35%             | 2026-09-25      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC.                             | Standard Industries Inc. 2021 Term Loan B                                           | CUSIP: 85350EAB2<br>LEI: 54930064UHXCIUWVI755 | Long             | LON              | CORP              | US        |     39842 | PA      | $39792.16     | 0.19%             | 2028-09-22      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| PQ Corporation                                       | PQ Corporation 2021 Term Loan B                                                     | CUSIP: 27922JAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     39797 | PA      | $39712.29     | 0.19%             | 2028-06-09      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                | Prime Security Services Borrower, LLC 2021 Term Loan                                | CUSIP: 03765VAK6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |     49924 | PA      | $49856.46     | 0.24%             | 2026-09-23      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Charter NEX US, Inc.                                 | Charter NEX US, Inc. 2021 Term Loan                                                 | CUSIP: 16125TAJ1<br>LEI: 549300KRNU8RNVGYXG75 | Long             | LON              | CORP              | US        |    110854 | PA      | $110121.46    | 0.53%             | 2027-12-01      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Athenahealth, Inc.                                   | Athenahealth, Inc. 2022 Term Loan B                                                 | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |     93338 | PA      | $88281.47     | 0.42%             | 2029-02-15      | Variable      | 8.01%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services Inc.                         | CHG Healthcare Services Inc. 2021 Term Loan                                         | CUSIP: 000000000<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |     49874 | PA      | $49505.17     | 0.24%             | 2028-09-29      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                    | Motion Finco Sarl Delayed Draw Term Loan B2                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      4978 | PA      | $4901.71      | 0.02%             | 2026-11-12      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| UPC Financing Partnership                            | UPC Financing Partnership 2021 USD Term Loan AX                                     | CUSIP: 000000000<br>LEI: 213800DXWIS9KORQ3X94 | Long             | LON              | CORP              | US        |     40000 | PA      | $39890.00     | 0.19%             | 2029-01-31      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                       | Wyndham Hotels & Resorts, Inc. Term Loan B                                          | CUSIP: 98310CAC6<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |     30000 | PA      | $29957.70     | 0.14%             | 2025-05-30      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Go Daddy Operating Company, LLC                      | Go Daddy Operating Company, LLC 2022 Term Loan B5                                   | CUSIP: 38017BAT3<br>LEI: 5493005GJOH8HLL11157 | Long             | LON              | CORP              | US        |     44000 | PA      | $44115.72     | 0.21%             | 2029-11-09      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| GoodRx, Inc.                                         | GoodRx, Inc. 1st Lien Term Loan                                                     | CUSIP: 38245HAC1<br>LEI: 25490061CWK7F0OTY260 | Long             | LON              | CORP              | US        |     19947 | PA      | $19652.43     | 0.09%             | 2025-10-10      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Hub International Limited                            | Hub International Limited 2022 Term Loan B                                          | CUSIP: 44332EAV8<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |     25000 | PA      | $24970.25     | 0.12%             | 2029-11-10      | Variable      | 8.22%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group Inc (The)                    | Ultimate Software Group Inc (The) 2021 2nd Lien Term Loan                           | CUSIP: 000000000<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     50000 | PA      | $47669.50     | 0.23%             | 2027-05-03      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| ACProducts, Inc.                                     | ACProducts, Inc. 2021 Term Loan B                                                   | CUSIP: 00488YAB2<br>LEI: 254900KTNXVUUHWHBF39 | Long             | LON              | CORP              | US        |     39899 | PA      | $32072.99     | 0.15%             | 2028-05-17      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| TEMPUR SEALY INTL INC                                | Tempur Sealy International Inc                                                      | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17468.60     | 0.08%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                              | SBA Communications Corp                                                             | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |     40000 | PA      | $36951.20     | 0.18%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Diamond (BC) B.V.                                    | Diamond (BC) B.V. 2021 Term Loan B                                                  | CUSIP: 000000000<br>LEI: 549300SWLHWJF3D4N658 | Long             | LON              | CORP              | NL        |     49874 | PA      | $49277.57     | 0.24%             | 2028-09-29      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| DirecTV Financing, LLC                               | DirecTV Financing, LLC Term Loan                                                    | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     48764 | PA      | $47885.02     | 0.23%             | 2027-08-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                             | Vertiv Group Corp                                                                   | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69590.40     | 0.33%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                            | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30384.30     | 0.15%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Fanatics Commerce Intermediate Holdco, LLC           | Fanatics Commerce Intermediate Holdco, LLC Term Loan B                              | CUSIP: 30709UAB0<br>LEI: 254900YDIRBC66RGAG10 | Long             | LON              | CORP              | US        |     49899 | PA      | $49753.53     | 0.24%             | 2028-11-24      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Renaissance Holding Corp.                            | Renaissance Holding Corp. 2022 Incremental Term Loan                                | CUSIP: 75972JAG9<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |     49875 | PA      | $49076.69     | 0.24%             | 2029-03-30      | Variable      | 8.90%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                | United Airlines, Inc. 2021 Term Loan B                                              | CUSIP: 90932RAJ3<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |     89772 | PA      | $89570.48     | 0.43%             | 2028-04-21      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| PetSmart, Inc.                                       | PetSmart, Inc. 2021 Term Loan B                                                     | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     89545 | PA      | $88818.35     | 0.43%             | 2028-02-11      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                        | Dynasty Acquisition Co., Inc. 2020 Term Loan B1                                     | CUSIP: 26812CAE6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |     58381 | PA      | $57235.19     | 0.28%             | 2026-04-06      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                             | Chobani LLC / Chobani Finance Corp Inc                                              | CUSIP: 17027NAA0<br>LEI: 549300Q10QN3IXF3HZ69 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58885.80     | 0.28%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PECF USS Intermediate Holding III Corporation        | PECF USS Intermediate Holding III Corporation Term Loan B                           | CUSIP: 69291LAB2<br>LEI: 254900DIL842DEXPYJ91 | Long             | LON              | CORP              | US        |     36253 | PA      | $30901.72     | 0.15%             | 2028-12-15      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                               | Level 3 Financing Inc. 2019 Term Loan B                                             | CUSIP: 52729KAP1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |     35000 | PA      | $34365.80     | 0.17%             | 2027-03-01      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Precision Medicine Group, LLC                        | Precision Medicine Group, LLC 2021 Term Loan                                        | CUSIP: 74028HAE5<br>LEI: 5493005RG0LYTBKL8W81 | Long             | LON              | CORP              | US        |     59848 | PA      | $58201.75     | 0.28%             | 2027-11-18      | Floating      | 7.73%                 | No            |                  3 | On Loan: No      |
| 1011778 B.C. Unlimited Liability Company             | 1011778 B.C. Unlimited Liability Company Term Loan B4                               | CUSIP: 000000000<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |     79794 | PA      | $78825.64     | 0.38%             | 2026-11-19      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Messer Industries GmbH                               | Messer Industries GmbH 2018 USD Term Loan                                           | CUSIP: 000000000<br>LEI: 391200LNSZAK9YZ7XO65 | Long             | LON              | CORP              | US        |     45556 | PA      | $45418.05     | 0.22%             | 2026-03-02      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                           | Air Canada 2021 Term Loan B                                                         | CUSIP: 000000000<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | LON              | CORP              | CA        |     79800 | PA      | $79671.02     | 0.38%             | 2028-08-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| Chobani, LLC                                         | Chobani, LLC 2020 Term Loan B                                                       | CUSIP: 17026YAH2<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |     99745 | PA      | $99090.57     | 0.48%             | 2027-10-25      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Grab Holdings Inc                                    | Grab Holdings Inc Term Loan B                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | SG        |     69688 | PA      | $68965.96     | 0.33%             | 2026-01-29      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| US Foods, Inc.                                       | US Foods, Inc. 2021 Term Loan B                                                     | CUSIP: 90351HAE8<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | LON              | CORP              | US        |     23932 | PA      | $23941.98     | 0.12%             | 2028-11-22      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| VS Buyer, LLC                                        | VS Buyer, LLC Term Loan B                                                           | CUSIP: 91834WAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99744 | PA      | $98808.99     | 0.48%             | 2027-02-28      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Hub International Limited                            | Hub International Limited 2018 Term Loan B                                          | CUSIP: 44332EAP1<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |    114700 | PA      | $114500.16    | 0.55%             | 2025-04-25      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                                | Playtika Holding Corp                                                               | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24924.90     | 0.12%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CIENA CORPORATION                                    | Ciena Corporation 2023 Term Loan B                                                  | CUSIP: 17178HAN2<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | LON              | CORP              | US        |      8000 | PA      | $7990.00      | 0.04%             | 2030-01-18      | Variable      | 6.98%                 | No            |                  3 | On Loan: No      |
| SOTHEBY'S                                            | Sotheby's                                                                           | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72523.50     | 0.35%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                               | Aramark Services, Inc. 2018 Term Loan B3                                            | CUSIP: 03852JAL5<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |     60000 | PA      | $59537.40     | 0.29%             | 2025-03-11      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp                                | Playtika Holding Corp 2021 Term Loan                                                | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |     69822 | PA      | $69140.18     | 0.33%             | 2028-03-13      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Amneal Pharmaceuticals LLC                           | Amneal Pharmaceuticals LLC 2018 Term Loan B                                         | CUSIP: 03167DAH7<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |     29921 | PA      | $28138.52     | 0.14%             | 2025-05-04      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| Renaissance Holding Corp.                            | Renaissance Holding Corp. 2018 1st Lien Term Loan                                   | CUSIP: 75972JAB0<br>LEI: 549300UKKEC0Y6TXNF09 | Long             | LON              | CORP              | US        |      7074 | PA      | $6929.97      | 0.03%             | 2025-05-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Element Solutions Inc.                               | Element Solutions Inc. 2019 Term Loan B1                                            | CUSIP: 72766TAD1<br>LEI: 549300FLGN6P5CU20J91 | Long             | LON              | CORP              | US        |     39897 | PA      | $39861.40     | 0.19%             | 2026-01-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Parexel International Corporation                    | Parexel International Corporation 2021 1st Lien Term Loan                           | CUSIP: 71911KAC8<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |    109724 | PA      | $108738.30    | 0.52%             | 2028-11-15      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Verscend Escrow Corp                                 | Verscend Escrow Corp                                                                | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $60268.20     | 0.29%             | 2026-08-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Hub International Limited                            | Hub International Limited 2021 Term Loan B                                          | CUSIP: 44332EAU0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |     69822 | PA      | $69728.32     | 0.34%             | 2025-04-25      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                               | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $53260.80     | 0.26%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                 | Clear Channel Outdoor Holdings, Inc. Term Loan B                                    | CUSIP: 18452RAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99742 | PA      | $94708.28     | 0.46%             | 2026-08-21      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| Scientific Games International, Inc.                 | Scientific Games International, Inc. 2022 USD Term Loan                             | CUSIP: 80875AAT8<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |     39900 | PA      | $39750.13     | 0.19%             | 2029-04-14      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co., Inc.                        | Dynasty Acquisition Co., Inc. 2020 CAD Term Loan B2                                 | CUSIP: 26812CAF3<br>LEI: 549300WM2IKMXZ5LGL49 | Long             | LON              | CORP              | CA        |     31387 | PA      | $30771.61     | 0.15%             | 2026-04-06      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| Arcline FM Holdings, LLC                             | Arcline FM Holdings, LLC 2021 1st Lien Term Loan                                    | CUSIP: 03960DAB9<br>LEI: 2549000HKCEC1E8UTO17 | Long             | LON              | CORP              | US        |     39899 | PA      | $38003.79     | 0.18%             | 2028-06-23      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC                                    | Magenta Buyer LLC 2021 USD 2nd Lien Term Loan                                       | CUSIP: 55910RAE3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     40000 | PA      | $31666.80     | 0.15%             | 2029-07-27      | Floating      | 13.08%                | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                    | CSC Holdings, LLC 2017 Term Loan B1                                                 | CUSIP: 64072UAE2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |     29793 | PA      | $28700.88     | 0.14%             | 2025-07-17      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Leslie's Poolmart, Inc.                              | Leslie's Poolmart, Inc. 2021 Term Loan B                                            | CUSIP: 52706YAJ2<br>LEI: 549300MZRH1GJYUMRM83 | Long             | LON              | CORP              | US        |     29924 | PA      | $29786.81     | 0.14%             | 2028-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Asplundh Tree Expert, LLC                            | Asplundh Tree Expert, LLC 2021 Term Loan B                                          | CUSIP: 04538FAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     39898 | PA      | $39835.72     | 0.19%             | 2027-09-07      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                  | Medline Borrower LP                                                                 | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     80000 | PA      | $67137.60     | 0.32%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Digicel International Finance Limited                | Digicel International Finance Limited 2017 Term Loan B                              | CUSIP: 000000000<br>LEI: 5493007V023VOEW4FK27 | Long             | LON              | CORP              | LC        |     49868 | PA      | $42097.45     | 0.20%             | 2024-05-28      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG INVESTMENTS, LLLP                       | Freeport LNG Investments, LLLP Term Loan B                                          | CUSIP: 35670CAB4<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    119443 | PA      | $115710.36    | 0.56%             | 2028-12-21      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| UFC Holdings, LLC                                    | UFC Holdings, LLC 2021 Term Loan B                                                  | CUSIP: 90266UAJ2<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |     63668 | PA      | $63289.52     | 0.30%             | 2026-04-29      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Femur Buyer, Inc.                                    | Femur Buyer, Inc. 1st Lien Term Loan                                                | CUSIP: 31446JAC9<br>LEI: 2549000I18BON7XEKV12 | Long             | LON              | CORP              | US        |     39897 | PA      | $35034.44     | 0.17%             | 2026-03-05      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                   | Alliant Holdings Intermediate, LLC 2018 Term Loan B                                 | CUSIP: 01881UAE5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |     99739 | PA      | $99593.28     | 0.48%             | 2025-05-09      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| TruGreen Limited Partnership                         | TruGreen Limited Partnership 2020 Term Loan                                         | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |     59873 | PA      | $55412.25     | 0.27%             | 2027-11-02      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Ultimate Software Group Inc (The)                    | Ultimate Software Group Inc (The) 2021 Term Loan                                    | CUSIP: 90385KAK7<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     19920 | PA      | $19574.03     | 0.09%             | 2026-05-04      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| New Arclin U.S. Holding Corp.                        | New Arclin U.S. Holding Corp. 2021 Delayed Draw Term Loan                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      5129 | PA      | $4575.17      | 0.02%             | 2028-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cornerstone OnDemand, Inc.                           | Cornerstone OnDemand, Inc. 2021 Term Loan                                           | CUSIP: 86803YAB9<br>LEI: 549300Z402F16H5EGH48 | Long             | LON              | CORP              | US        |     29925 | PA      | $27493.24     | 0.13%             | 2028-10-16      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands, Inc.                                | Spectrum Brands, Inc. 2021 Term Loan                                                | CUSIP: 84762NBP5<br>LEI: 549300VU3EH2E73C1Q04 | Long             | LON              | CORP              | US        |     18987 | PA      | $18939.53     | 0.09%             | 2028-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Adevinta ASA                                         | ADEVINTA ASA USD TERM LOAN B                                                        | CUSIP: 000000000<br>LEI: 529900W8V3YLHRSZH763 | Long             | LON              | CORP              | NO        |     39899 | PA      | $39832.10     | 0.19%             | 2028-06-26      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Peraton Corp.                                        | Peraton Corp. 2nd Lien Term Loan B1                                                 | CUSIP: 71360HAG2<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |     30000 | PA      | $28995.00     | 0.14%             | 2029-02-01      | Floating      | 12.22%                | No            |                  2 | On Loan: No      |
| AZZ Inc.                                             | AZZ Inc. Term Loan B                                                                | CUSIP: 00247NAG7<br>LEI: 549300HD1X2NFLWPYC83 | Long             | LON              | CORP              | US        |     19020 | PA      | $19016.60     | 0.09%             | 2029-05-13      | Variable      | 8.91%                 | No            |                  2 | On Loan: No      |
| Da Vinci Purchaser Corp.                             | Da Vinci Purchaser Corp. 2019 Term Loan                                             | CUSIP: 23343FAB0<br>LEI: 254900CEZYHAWVXDTS47 | Long             | LON              | CORP              | US        |     39898 | PA      | $38426.67     | 0.18%             | 2027-01-08      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Formula One Holdings Limited.                        | Formula One Holdings Limited. Term Loan B                                           | CUSIP: 000000000<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |     42000 | PA      | $42096.18     | 0.20%             | 2030-01-15      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                               | VICI Properties LP / VICI Note Co Inc                                               | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $47691.00     | 0.23%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Iridium Satellite LLC                                | Iridium Satellite LLC 2021 Term Loan B2                                             | CUSIP: 46269KAL8<br>LEI: 254900615BJ7139TFM33 | Long             | LON              | CORP              | US        |     65469 | PA      | $65420.86     | 0.31%             | 2026-11-04      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Genuine Financial Holdings, LLC                      | Genuine Financial Holdings, LLC 2018 1st Lien Term Loan                             | CUSIP: 37190DAF0<br>LEI: 5493008VX60Q72RHI784 | Long             | LON              | CORP              | US        |     19921 | PA      | $19760.39     | 0.10%             | 2025-07-11      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| SPX FLOW, INC.                                       | SPX Flow, Inc. 2022 Term Loan                                                       | CUSIP: 000000000<br>LEI: 5493003YXEKRBINIEM78 | Long             | LON              | CORP              | US        |     69713 | PA      | $67073.70     | 0.32%             | 2029-04-05      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                          | Allied Universal Holdco LLC 2021 USD Incremental Term Loan B                        | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |     94760 | PA      | $91242.61     | 0.44%             | 2028-05-12      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| MKS Instruments, Inc.                                | MKS Instruments, Inc. 2022 USD Term Loan B                                          | CUSIP: 55314NAS3<br>LEI: 549300KEQATBHAGVF505 | Long             | LON              | CORP              | US        |     69825 | PA      | $69625.30     | 0.34%             | 2029-08-17      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| Cobham Ultra SeniorCo S.a.r.l                        | Cobham Ultra SeniorCo S.a.r.l USD Term Loan B                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     29925 | PA      | $29498.57     | 0.14%             | 2029-08-03      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| Ascend Performance Materials Operations LLC          | Ascend Performance Materials Operations LLC 2021 Term Loan B                        | CUSIP: 04350TAC8<br>LEI: 549300NIMFUIRMMAGQ29 | Long             | LON              | CORP              | US        |     39898 | PA      | $39278.20     | 0.19%             | 2026-08-27      | Variable      | 8.83%                 | No            |                  2 | On Loan: No      |
| Lonza Group AG                                       | Lonza Group AG USD Term Loan B                                                      | CUSIP: 000000000<br>LEI: 549300Y0CIXN5D40L888 | Long             | LON              | CORP              | US        |     29925 | PA      | $28695.98     | 0.14%             | 2028-07-03      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Cogeco Financing 2 LP                                | Cogeco Financing 2 LP 2021 Incremental Term Loan B                                  | CUSIP: 19239PAD9<br>LEI: 5493002JZGWJIUQ60C59 | Long             | LON              | CORP              | US        |     39900 | PA      | $39485.74     | 0.19%             | 2028-09-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Incorporated                         | Churchill Downs Incorporated 2021 Incremental Term Loan B1                          | CUSIP: 17148PAF8<br>LEI: 529900FODTBQC8MIS994 | Long             | LON              | CORP              | US        |     39898 | PA      | $39599.24     | 0.19%             | 2028-03-17      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                     | AmWINS Group Inc                                                                    | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     80000 | PA      | $70432.00     | 0.34%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment, Inc.                 | SeaWorld Parks & Entertainment, Inc. 2021 Term Loan B                               | CUSIP: 78488CAH3<br>LEI: 549300UZV72O3371JJ53 | Long             | LON              | CORP              | US        |     29924 | PA      | $29812.02     | 0.14%             | 2028-08-25      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Hayward Industries, Inc.                             | Hayward Industries, Inc. 2021 Term Loan                                             | CUSIP: 421300AL8<br>LEI: 549300NV8ZMMEDUHQ091 | Long             | LON              | CORP              | US        |     39899 | PA      | $39350.12     | 0.19%             | 2028-05-30      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Greeneden U.S. Holdings II, LLC                      | Greeneden U.S. Holdings II, LLC 2020 USD Term Loan B4                               | CUSIP: 39479UAQ6<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |     98046 | PA      | $96146.84     | 0.46%             | 2027-12-01      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Bright Horizons Family Solutions, LLC                | Bright Horizons Family Solutions, LLC 2021 Term Loan B                              | CUSIP: 10919RAN9<br>LEI: 254900BHOU40CFNXWQ75 | Long             | LON              | CORP              | US        |     59849 | PA      | $59724.38     | 0.29%             | 2028-11-24      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| CPG International Inc.                               | CPG International Inc. 2022 Term Loan B                                             | CUSIP: 12594VAD0<br>LEI: 549300SVLALB4NVWP891 | Long             | LON              | CORP              | US        |     29925 | PA      | $29784.65     | 0.14%             | 2029-04-28      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| 8th Avenue Food & Provisions, Inc.                   | 8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan                          | CUSIP: 28253PAC3<br>LEI: 549300PBCACU45IZ2V05 | Long             | LON              | CORP              | US        |     49870 | PA      | $43066.35     | 0.21%             | 2025-10-01      | Floating      | 8.72%                 | No            |                  2 | On Loan: No      |
| Naked Juice LLC                                      | Naked Juice LLC Term Loan                                                           | CUSIP: 62984CAD5<br>LEI: 549300Y5TU1XQ1KVLJ64 | Long             | LON              | CORP              | US        |    107471 | PA      | $98624.33     | 0.47%             | 2029-01-24      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| Applied Systems, Inc.                                | Applied Systems, Inc. 2022 Extended 1st Lien Term Loan                              | CUSIP: 03827FBB6<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |     70000 | PA      | $70116.90     | 0.34%             | 2026-09-18      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Altice France S.A.                                   | Altice France S.A. USD Term Loan B12                                                | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |     19895 | PA      | $19099.22     | 0.09%             | 2026-01-31      | Floating      | 8.52%                 | No            |                  3 | On Loan: No      |
| Ryan Specialty Group, LLC                            | Ryan Specialty Group, LLC Term Loan                                                 | CUSIP: 78350UAE5<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |     59847 | PA      | $59660.22     | 0.29%             | 2027-09-01      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.            | Sedgwick Claims Management Services, Inc. 2019 Term Loan B                          | CUSIP: 81527CAM9<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |     25000 | PA      | $24958.25     | 0.12%             | 2026-09-03      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                               | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33318.80     | 0.16%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                          | Asurion LLC 2020 Term Loan B8                                                       | CUSIP: 04649VAX8<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |     89720 | PA      | $85654.88     | 0.41%             | 2026-12-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                    | Clarios Global LP 2021 USD Term Loan B                                              | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | CA        |     90000 | PA      | $89566.20     | 0.43%             | 2026-04-30      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| OLA Netherlands B.V.                                 | OLA Netherlands B.V. Term Loan                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |     39658 | PA      | $38071.80     | 0.18%             | 2026-12-15      | Variable      | 10.83%                | No            |                  3 | On Loan: No      |
| MH Sub I, LLC                                        | MH Sub I, LLC 2021 2nd Lien Term Loan                                               | CUSIP: 55303BAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    100000 | PA      | $89844.00     | 0.43%             | 2029-02-23      | Variable      | 10.65%                | No            |                  2 | On Loan: No      |
| VIAD CORP                                            | Viad Corp Initial Term Loan                                                         | CUSIP: 92553BAL7<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | LON              | CORP              | US        |     44886 | PA      | $42445.89     | 0.20%             | 2028-07-30      | Floating      | 11.75%                | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                              | Uber Technologies, Inc. 2021 Term Loan B                                            | CUSIP: 90351JAF1<br>LEI: 549300B2FTG34FILDR98 | Long             | LON              | CORP              | US        |    149601 | PA      | $149538.23    | 0.72%             | 2027-02-25      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Insulet Corporation                                  | Insulet Corporation Term Loan B                                                     | CUSIP: 45784QAB5<br>LEI: 549300TZTYD2PYN92D43 | Long             | LON              | CORP              | US        |     19949 | PA      | $19912.06     | 0.10%             | 2028-05-04      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc.                                        | Jeld-Wen Inc. 2021 Term Loan B                                                      | CUSIP: 47579SAU4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | LON              | CORP              | US        |     19949 | PA      | $19109.90     | 0.09%             | 2028-07-28      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                  | LBM Acquisition LLC Term Loan B                                                     | CUSIP: 50179JAB4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |     29924 | PA      | $26962.71     | 0.13%             | 2027-12-17      | Floating      | 8.85%                 | No            |                  2 | On Loan: No      |
| Dun & Bradstreet Corporation (The)                   | Dun & Bradstreet Corporation (The) 2022 Incremental Term Loan B2                    | CUSIP: 26483NAS9<br>LEI: RI37BMPWE56BCJ747E14 | Long             | LON              | CORP              | US        |     69824 | PA      | $69352.81     | 0.33%             | 2029-01-18      | Variable      | 7.79%                 | No            |                  2 | On Loan: No      |
| II-VI Incorporated                                   | II-VI Incorporated 2022 Term Loan B                                                 | CUSIP: 45173JAQ7<br>LEI: 549300O5C25A0MMHHU33 | Long             | LON              | CORP              | US        |     29389 | PA      | $29251.45     | 0.14%             | 2029-07-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| CP Atlas Buyer, Inc.                                 | CP Atlas Buyer, Inc. 2021 Term Loan B                                               | CUSIP: 12658HAG7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | LON              | CORP              | US        |     49876 | PA      | $44708.75     | 0.22%             | 2027-11-23      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| CMG Media Corporation                                | CMG Media Corporation 2021 Term Loan                                                | CUSIP: 88145LAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     44886 | PA      | $42491.76     | 0.20%             | 2026-12-17      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| Ziggo Financing Partnership                          | Ziggo Financing Partnership USD Term Loan I                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     30000 | PA      | $29728.20     | 0.14%             | 2028-04-30      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Ingersoll-Rand Services Company                      | Ingersoll-Rand Services Company 2020 USD Spinco Term Loan                           | CUSIP: 365556AU3<br>LEI: 549300YHGS5RRRQQ4T26 | Long             | LON              | CORP              | US        |     74808 | PA      | $74500.23     | 0.36%             | 2027-03-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| MH Sub I, LLC                                        | MH Sub I, LLC 2017 1st Lien Term Loan                                               | CUSIP: 45567YAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99579 | PA      | $98381.02     | 0.47%             | 2024-09-13      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Cloudera, Inc.                                       | Cloudera, Inc. 2021 Second Lien Term Loan                                           | CUSIP: 74339VAE8<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |     30000 | PA      | $26325.00     | 0.13%             | 2029-10-08      | Floating      | 10.57%                | No            |                  3 | On Loan: No      |
| PROOFPOINT, INC.                                     | Proofpoint, Inc. 2nd Lien Term Loan                                                 | CUSIP: 74345HAD3<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |     30000 | PA      | $28800.00     | 0.14%             | 2029-08-31      | Floating      | 10.98%                | No            |                  2 | On Loan: No      |
| Bally's Corporation                                  | Bally's Corporation 2021 Term Loan B                                                | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |     19950 | PA      | $19164.20     | 0.09%             | 2028-10-02      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| PILOT TRAVEL CENTERS LLC                             | Pilot Travel Centers LLC 2021 Term Loan B                                           | CUSIP: 72165NBH1<br>LEI: 549300115UILLXNE1Z49 | Long             | LON              | CORP              | US        |     59545 | PA      | $59380.51     | 0.29%             | 2028-08-04      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| SRS Distribution Inc.                                | SRS Distribution Inc. 2021 Term Loan B                                              | CUSIP: 78466YAN8<br>LEI: 549300ZQ3XP75BCYM468 | Long             | LON              | CORP              | US        |     99495 | PA      | $95817.61     | 0.46%             | 2028-06-02      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Atlas CC Acquisition Corp                            | Atlas CC Acquisition Corp Term Loan B                                               | CUSIP: 04921TAB0<br>LEI: 6HHLXIOGCDNZ4IRAIW26 | Long             | LON              | CORP              | US        |     78744 | PA      | $68900.83     | 0.33%             | 2028-05-25      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency, LLC                         | Creative Artists Agency, LLC 2019 Term Loan B                                       | CUSIP: 22526WAM0<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |     69820 | PA      | $69732.77     | 0.34%             | 2026-11-27      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC                            | Mileage Plus Holdings LLC 2020 Term Loan B                                          | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    104211 | PA      | $108535.27    | 0.52%             | 2027-06-21      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Avis Budget Car Rental, LLC                          | Avis Budget Car Rental, LLC 2020 Term Loan B                                        | CUSIP: 05377JAR3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | LON              | CORP              | US        |     29923 | PA      | $29496.48     | 0.14%             | 2027-08-06      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                             | Prime Security Services Borrower LLC / Prime Finance Inc                            | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56897.40     | 0.27%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                           | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $79760.80     | 0.38%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Lions Gate Capital Holdings LLC                      | Lions Gate Capital Holdings LLC 2018 Term Loan B                                    | CUSIP: 53627MAB9<br>LEI: 549300MWJHNLR35C0837 | Long             | LON              | CORP              | US        |     39851 | PA      | $39120.35     | 0.19%             | 2025-03-24      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Midas Intermediate Holdco II, LLC                    | Midas Intermediate Holdco II, LLC 2022 PIK Term Loan                                | CUSIP: 64859TAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     70194 | PA      | $60015.47     | 0.29%             | 2027-06-30      | Variable      | 12.83%                | No            |                  2 | On Loan: No      |
| SBA Senior Finance II LLC                            | SBA Senior Finance II LLC 2018 Term Loan B                                          | CUSIP: 78404XAH8<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |     29922 | PA      | $29850.16     | 0.14%             | 2025-04-11      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| EG GROUP LTD                                         | EG America LLC 2018 USD Term Loan                                                   | CUSIP: 000000000<br>LEI: 894500KFDM6GTUGDJJ54 | Long             | LON              | CORP              | US        |     89869 | PA      | $86401.14     | 0.42%             | 2025-02-07      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                | WMG Acquisition Corp. 2021 Term Loan G                                              | CUSIP: 92929LAV0<br>LEI: 549300NAS11NXI33CP80 | Long             | LON              | CORP              | US        |     85000 | PA      | $84813.85     | 0.41%             | 2028-01-20      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Peloton Interactive, Inc                             | Peloton Interactive, Inc Term Loan                                                  | CUSIP: 70614EAD2<br>LEI: 5493002YS021166W0339 | Long             | LON              | CORP              | US        |     19950 | PA      | $19758.75     | 0.10%             | 2027-05-25      | Variable      | 11.76%                | No            |                  2 | On Loan: No      |
| SOLIS IV BV                                          | Solis IV BV USD Term Loan B1                                                        | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |     94787 | PA      | $86671.31     | 0.42%             | 2029-02-26      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| Voyage Australia Pty Limited                         | Voyage Australia Pty Limited USD Term Loan B                                        | CUSIP: 000000000<br>LEI: 984500552F00VE5LE453 | Long             | LON              | CORP              | AU        |      8830 | PA      | $8708.24      | 0.04%             | 2028-07-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| FOUR SEASONS HOTELS LIMITED                          | Four Seasons Hotels Limited 2022 Term Loan B                                        | CUSIP: 35100DAS5<br>LEI: 5493009FUVX8LHYY2202 | Long             | LON              | CORP              | CA        |    106999 | PA      | $107373.71    | 0.52%             | 2029-11-30      | Variable      | 7.91%                 | No            |                  2 | On Loan: No      |
| Setanta Aircraft Leasing Designated Activity Company | Setanta Aircraft Leasing Designated Activity Company Term Loan B                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |     30000 | PA      | $29935.80     | 0.14%             | 2028-11-05      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc                  | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $74707.20     | 0.36%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Arclin U.S. Holding Corp.                        | New Arclin U.S. Holding Corp. 2021 Term Loan                                        | CUSIP: 03880YAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     34783 | PA      | $31026.48     | 0.15%             | 2028-09-30      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Amentum Government Services Holdings LLC             | Amentum Government Services Holdings LLC 2022 Term Loan                             | CUSIP: 57776DAE3<br>LEI: 5493008CT6B5L54YSE94 | Long             | LON              | CORP              | US        |     29925 | PA      | $29438.53     | 0.14%             | 2029-02-15      | Variable      | 8.76%                 | No            |                  2 | On Loan: No      |
| Castlelake Aviation Limited                          | Castlelake Aviation Limited Term Loan B                                             | CUSIP: 14855NAB2<br>LEI: 2138003EQK2PETKID103 | Long             | LON              | CORP              | IE        |     51286 | PA      | $51238.27     | 0.25%             | 2026-10-22      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Discovery Purchaser Corporation                      | Discovery Purchaser Corporation Term Loan                                           | CUSIP: 000000000<br>LEI: 2549001LSO1ZBIPA5D65 | Long             | LON              | CORP              | US        |     50000 | PA      | $47760.50     | 0.23%             | 2029-10-04      | Variable      | 8.96%                 | No            |                  2 | On Loan: No      |
| SMG US Midco 2, Inc.                                 | SMG US Midco 2, Inc. 2020 Term Loan                                                 | CUSIP: 78453JAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     29923 | PA      | $29801.39     | 0.14%             | 2025-01-23      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Maravai Intermediate Holdings, LLC                   | Maravai Intermediate Holdings, LLC 2022 Term Loan B                                 | CUSIP: 56589PAJ4<br>LEI: 2549005DIMMJLV8LMZ14 | Long             | LON              | CORP              | US        |     74811 | PA      | $74530.54     | 0.36%             | 2027-10-19      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| Aimbridge Acquisition Co., Inc.                      | Aimbridge Acquisition Co., Inc. 2019 Term Loan B                                    | CUSIP: 00900YAD8<br>LEI: 549300SPGKLVE9WYCQ20 | Long             | LON              | CORP              | US        |     39897 | PA      | $36638.53     | 0.18%             | 2026-02-02      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| SSH Group Holdings, Inc.                             | SSH Group Holdings, Inc. 2018 1st Lien Term Loan                                    | CUSIP: 78482HAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     29922 | PA      | $29477.84     | 0.14%             | 2025-07-30      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| Catalent Pharma Solutions Inc.                       | Catalent Pharma Solutions Inc. 2021 Term Loan B3                                    | CUSIP: 14880BAH4<br>LEI: 549300HALRZ339MSTH85 | Long             | LON              | CORP              | US        |     49873 | PA      | $49613.26     | 0.24%             | 2028-02-22      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| ION Trading Finance Limited                          | ION Trading Finance Limited 2021 USD Term Loan                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |     19949 | PA      | $19281.07     | 0.09%             | 2028-04-03      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| Whatabrands LLC                                      | Whatabrands LLC 2021 Term Loan B                                                    | CUSIP: 96244UAF4<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |     99748 | PA      | $98581.06     | 0.47%             | 2028-08-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Trans Union, LLC                                     | Trans Union, LLC 2019 Term Loan B5                                                  | CUSIP: 89334GAX2<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |     39883 | PA      | $39633.53     | 0.19%             | 2026-11-16      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Oscar AcquisitionCo, LLC                             | Oscar AcquisitionCo, LLC Term Loan B                                                | CUSIP: 68778DAB4<br>LEI: 254900RDCZK0Q19MEL65 | Long             | LON              | CORP              | US        |     54875 | PA      | $53070.71     | 0.26%             | 2029-04-29      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| Kingpin Intermediate Holdings LLC                    | Kingpin Intermediate Holdings LLC 2018 Term Loan B                                  | CUSIP: 49579GAF9<br>LEI: 549300HRZOJTMNZCST05 | Long             | LON              | CORP              | US        |     99740 | PA      | $99490.23     | 0.48%             | 2024-07-03      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Vertical US Newco Inc                                | Vertical US Newco Inc Term Loan B                                                   | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |     94800 | PA      | $93009.23     | 0.45%             | 2027-07-30      | Floating      | 8.60%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                      | TransDigm, Inc. 2022 Term Loan F                                                    | CUSIP: 89364MBW3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     69820 | PA      | $69637.82     | 0.34%             | 2025-12-09      | Variable      | 6.98%                 | No            |                  2 | On Loan: No      |
| Tempo Acquisition LLC                                | Tempo Acquisition LLC 2022 Term Loan B                                              | CUSIP: 88023HAF7<br>LEI: 549300VV0B2RPMHQGA61 | Long             | LON              | CORP              | US        |    149622 | PA      | $149716.43    | 0.72%             | 2028-08-31      | Variable      | 7.56%                 | No            |                  2 | On Loan: No      |
| Adient US LLC                                        | Adient US LLC 2021 Term Loan B                                                      | CUSIP: 00687MAC5<br>LEI: 213800SOTRCDGZUHL712 | Long             | LON              | CORP              | US        |     39899 | PA      | $39749.11     | 0.19%             | 2028-04-10      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                   | Wand NewCo 3, Inc. 2020 Term Loan                                                   | CUSIP: 93369PAF1<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |     69820 | PA      | $67939.10     | 0.33%             | 2026-02-05      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| UTZ Quality Foods, LLC                               | UTZ Quality Foods, LLC 2021 Term Loan B                                             | CUSIP: 91809EAE1<br>LEI: 549300K2HU2ISL0R2Q75 | Long             | LON              | CORP              | US        |     79796 | PA      | $79611.34     | 0.38%             | 2028-01-20      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                                  | White Cap Buyer LLC                                                                 | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $54940.80     | 0.26%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corporation                         | Filtration Group Corporation 2021 Incremental Term Loan                             | CUSIP: 31732FAR7<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |     79798 | PA      | $79332.76     | 0.38%             | 2028-10-21      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| PAI Holdco, Inc.                                     | PAI Holdco, Inc. 2020 Term Loan B                                                   | CUSIP: 69315JAG8<br>LEI: 2549001NJ55NUV372F56 | Long             | LON              | CORP              | US        |     39898 | PA      | $36507.10     | 0.18%             | 2027-10-28      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| SS&C European Holdings Sarl                          | SS&C European Holdings Sarl 2018 Term Loan B4                                       | CUSIP: 78466DBE3<br>LEI: 529900POY8H7NPPNKK71 | Long             | LON              | CORP              | US        |     23221 | PA      | $23163.33     | 0.11%             | 2025-04-16      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                               | GFL Environmental Inc. 2023 Term Loan                                               | CUSIP: 000000000<br>LEI: 549300FYK4MBXWIVZU26 | Long             | LON              | CORP              | CA        |     19997 | PA      | $20030.39     | 0.10%             | 2027-05-31      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| Magenta Buyer LLC                                    | Magenta Buyer LLC 2021 USD 1st Lien Term Loan                                       | CUSIP: 55910RAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69823 | PA      | $60883.06     | 0.29%             | 2028-07-27      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| AQGEN ISLAND HOLDINGS, INC.                          | AqGen Island Holdings, Inc. Term Loan                                               | CUSIP: 03836BAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84786 | PA      | $81924.89     | 0.39%             | 2028-08-02      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| CROCS, INC.                                          | Crocs, Inc. Term Loan B                                                             | CUSIP: 22704NAD4<br>LEI: 549300B0J6YCXD63OG72 | Long             | LON              | CORP              | US        |     42405 | PA      | $42100.17     | 0.20%             | 2029-02-20      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| CITY FOOTBALL GROUP LIMITED                          | City Football Group Limited Term Loan                                               | CUSIP: 17781XAB2<br>LEI: 213800K6VVWALRH9UJ69 | Long             | LON              | CORP              | GB        |     54861 | PA      | $52667.00     | 0.25%             | 2028-07-21      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                              | American Airlines, Inc. 2018 Term Loan B                                            | CUSIP: 02376CBB0<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |     60000 | PA      | $58750.20     | 0.28%             | 2025-06-27      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services, Inc.            | Sedgwick Claims Management Services, Inc. 2018 Term Loan B                          | CUSIP: 81527CAL1<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |     69818 | PA      | $69459.31     | 0.33%             | 2025-12-31      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Ascend Learning, LLC                                 | Ascend Learning, LLC 2021 2nd Lien Term Loan                                        | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |     30000 | PA      | $25939.20     | 0.12%             | 2029-12-10      | Floating      | 10.32%                | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                      | Madison IAQ LLC Term Loan                                                           | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |     79797 | PA      | $76223.34     | 0.37%             | 2028-06-21      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| RealPage, Inc                                        | RealPage, Inc 1st Lien Term Loan                                                    | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    169596 | PA      | $165166.11    | 0.79%             | 2028-04-24      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Electron BidCo Inc.                                  | Electron BidCo Inc. 2021 Term Loan                                                  | CUSIP: 28542CAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     79799 | PA      | $79257.16     | 0.38%             | 2028-11-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| US Foods, Inc.                                       | US Foods, Inc. 2019 Term Loan B                                                     | CUSIP: 90351HAD0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | LON              | CORP              | US        |     51598 | PA      | $51440.05     | 0.25%             | 2026-09-13      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| A-L Parent LLC                                       | A-L Parent LLC 2016 1st Lien Term Loan                                              | CUSIP: 00165HAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     39894 | PA      | $26728.91     | 0.13%             | 2023-12-01      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Triton Water Holdings, Inc                           | Triton Water Holdings, Inc Term Loan                                                | CUSIP: 89678QAB2<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | LON              | CORP              | US        |     79797 | PA      | $75857.89     | 0.37%             | 2028-03-31      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES       | BlackRock Cash Funds: Treasury, SL Agency Shares                                    | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1630000 | NS      | $1630000.00   | 7.84%             |  |  |  | No            |                  1 | On Loan: No      |
| H Food Holdings LLC                                  | H Food Holdings LLC 2018 Term Loan B                                                | CUSIP: 40422KAB7<br>LEI: 549300TYCJ0PCJ23SV84 | Long             | LON              | CORP              | US        |      4339 | PA      | $4023.64      | 0.02%             | 2025-05-23      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| Applied Systems, Inc.                                | Applied Systems, Inc. 2021 2nd Lien Term Loan                                       | CUSIP: 03827FBA8<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |     40000 | PA      | $39900.00     | 0.19%             | 2027-09-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                     | Proofpoint, Inc. 1st Lien Term Loan                                                 | CUSIP: 74345HAB7<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    149622 | PA      | $146559.40    | 0.71%             | 2028-08-31      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 3 SARL                              | Albion Financing 3 SARL USD Term Loan                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |     49874 | PA      | $48003.78     | 0.23%             | 2026-08-17      | Floating      | 10.07%                | No            |                  2 | On Loan: No      |
| Ascend Learning, LLC                                 | Ascend Learning, LLC 2021 Term Loan                                                 | CUSIP: 04349HAK0<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |     59849 | PA      | $56977.92     | 0.27%             | 2028-12-11      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corporation                         | Filtration Group Corporation 2018 1st Lien Term Loan                                | CUSIP: 31732FAM8<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |     59837 | PA      | $59695.36     | 0.29%             | 2025-03-29      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Gardner Denver, Inc.                                 | Gardner Denver, Inc. 2020 USD Term Loan B2                                          | CUSIP: 365556AT6<br>LEI: 549300MJL50HVCB7RP74 | Long             | LON              | CORP              | US        |     19949 | PA      | $19866.73     | 0.10%             | 2027-03-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer