Principal Amount† | | Borrower/Tranche Description | Fair Value | Percentage of Net Assets |
LOANS*: 96.4% | |
| | Aerospace & Defense: 2.2% |
1,855,000 | | AAdvantage Loyalty IP Ltd. 2021 Term Loan, 5.500%, (US0003M + 4.750%), 04/20/28 | $ 1,936,156 | 0.4 |
835,000 | | ADS Tactical, Inc. 2021 Term Loan B, 6.750%, (US0003M + 5.750%), 03/19/26 | 843,350 | 0.2 |
1,282,050 | | Amentum Government Services Holdings LLC Term Loan B, 3.604%, (US0001M + 3.500%), 01/29/27 | 1,280,448 | 0.2 |
986,741 | | American Airlines, Inc. 2018 Term Loan B, 1.845%, (US0001M + 1.750%), 06/27/25 | 948,093 | 0.2 |
961,933 | | KBR, Inc. 2020 Term Loan B, 2.854%, (US0001M + 2.750%), 02/05/27 | 962,534 | 0.2 |
746,428 | | Maxar Technologies Ltd. Term Loan B, 2.854%, (US0001M + 2.750%), 10/04/24 | 740,305 | 0.1 |
3,366,563 | | Peraton Corp. Term Loan B, 4.500%, (US0001M + 3.750%), 02/01/28 | 3,382,608 | 0.7 |
1,010,000 | | SkyMiles IP Ltd. 2020 Skymiles Term Loan B, 4.750%, (US0003M + 3.750%), 10/20/27 | 1,067,949 | 0.2 |
| | | 11,161,443 | 2.2 |
| | | | |
| | Air Transport: 0.3% |
1,725,000 | | United Airlines, Inc. 2021 Term Loan B, 4.500%, (US0003M + 3.750%), 04/21/28 | 1,749,643 | 0.3 |
| | | | |
| | Auto Components: 0.3% |
1,543,675 | | Broadstreet Partners, Inc. 2020 Term Loan B, 3.354%, (US0001M + 3.250%), 01/27/27 | 1,532,290 | 0.3 |
| | | | |
| | Automotive: 2.5% |
553,613 | | Autokiniton US Holdings, Inc. 2021 Term Loan B, 5.000%, (US0003M + 4.500%), 04/06/28 | 558,111 | 0.1 |
1,564,500 | | Clarios Global LP 2021 USD Term Loan B, 3.354%, (US0001M + 3.250%), 04/30/26 | 1,553,418 | 0.3 |
591,000 | | Dealer Tire, LLC 2020 Term Loan B, 4.354%, (US0001M + 4.250%), 12/12/25 | 592,256 | 0.1 |
2,047,762 | | Gates Global LLC 2021 Term Loan B3, 3.500%, (US0001M + 2.750%), 03/31/27 | 2,046,135 | 0.4 |
412,298 | | Hertz Corporation, (The) 2021 Term Loan B, 3.646%, (US0003M + 3.500%), 06/14/28 | 412,298 | 0.1 |
77,702 | | Hertz Corporation, (The) 2021 Term Loan C, 3.646%, (US0003M + 3.500%), 06/14/28 | 77,702 | 0.0 |
1,416,033 | | Holley Purchaser, Inc. Term Loan B, 5.186%, (US0003M + 5.000%), 10/24/25 | 1,416,033 | 0.3 |
1,890,263 | | Les Schwab Tire Centers Term Loan B, 4.250%, (US0006M + 3.500%), 11/02/27 | 1,894,988 | 0.4 |
965,623 | | Mister Car Wash Holdings, Inc. 2019 Term Loan B, 3.096%, (US0001M + 3.000%), 05/14/26 | 962,941 | 0.2 |
1,017,450 | | Truck Hero, Inc. 2021 Term Loan B, 4.500%, (US0001M + 3.750%), 01/31/28 | 1,018,863 | 0.2 |
987,469 | | Wand NewCo 3, Inc. 2020 Term Loan, 3.104%, (US0001M + 3.000%), 02/05/26 | 976,889 | 0.2 |
775,000 | | Wheel Pros, LLC 2021 Term Loan, 5.250%, (US0001M + 4.500%), 04/23/28 | 777,853 | 0.2 |
| | | 12,287,487 | 2.5 |
| | | | |
| | Beverage & Tobacco: 0.6% |
495,000 | | City Brewing Company, LLC Closing Date Term Loan, 4.250%, (US0003M + 3.500%), 04/05/28 | 497,475 | 0.1 |
1,326,926 | | Sunshine Investments B.V. USD Term Loan B3, 3.156%, (US0003M + 3.000%), 03/28/25 | 1,320,291 | 0.3 |
970,000 | | Triton Water Holdings, Inc Term Loan, 4.500%, (US0003M + 3.500%), 03/31/28 | 970,520 | 0.2 |
| | | 2,788,286 | 0.6 |
| | | | |
| | Brokers: 0.1% |
490,000 | | Park River Holdings Inc Term Loan, 4.000%, (US0003M + 3.250%), 12/28/27 | 488,112 | 0.1 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Brokers, Dealers & Investment Houses: 0.3% |
446,097 | | Brookfield Property REIT Inc. 1st Lien Term Loan B, 2.604%, (US0001M + 2.500%), 08/27/25 | $ 436,283 | 0.1 |
1,000,000 | | Forest City Enterprises, L.P. 2019 Term Loan B, 3.604%, (US0001M + 3.500%), 12/08/25 | 977,679 | 0.2 |
| | | 1,413,962 | 0.3 |
| | | | |
| | Building & Development: 4.3% |
630,000 | | ACProducts, Inc. 2021 Term Loan B, 4.750%, (US0006M + 4.250%), 05/05/28 | 627,834 | 0.1 |
370,000 | | Aegion Corporation Term Loan, 5.500%, (US0003M + 4.750%), 05/17/28 | 374,625 | 0.1 |
2,696,450 | | Applecaramel Buyer, LLC Term Loan B, 4.500%, (US0003M + 4.000%), 10/19/27 | 2,703,612 | 0.5 |
2,097,582 | | Core & Main LP 2017 Term Loan B, 3.750%, (US0001M + 2.750%), 08/01/24 | 2,099,329 | 0.4 |
281,925 | | Core & Main LP 2021 Term Loan B, 2.646%, (US0003M + 2.500%), 06/09/28 | 280,692 | 0.1 |
2,433,900 | | Cornerstone Building Brands, Inc. 2021 Term Loan B, 3.750%, (US0001M + 3.250%), 04/12/28 | 2,436,942 | 0.5 |
872,813 | | CP Atlas Buyer, Inc. 2021 Term Loan B, 4.250%, (US0001M + 3.750%), 11/23/27 | 871,722 | 0.2 |
825,000 | | Empire Today, LLC 2021 Term Loan B, 5.750%, (US0001M + 5.000%), 04/03/28 | 829,125 | 0.2 |
865,000 | | Foundation Building Materials Holding Company LLC 2021 Term Loan, 5.750%, (US0003M + 3.250%), 02/03/28 | 860,211 | 0.2 |
1,838,375 | | Henry Company LLC Term Loan B, 5.000%, (US0003M + 4.000%), 10/05/23 | 1,846,418 | 0.4 |
563,588 | | Kodiak Building Partners Inc. Term Loan B, 4.000%, (US0003M + 3.250%), 03/12/28 | 563,353 | 0.1 |
328,182 | | LBM Acquisition LLC Delayed Draw Term Loan, 4.738%, (US0003M + 3.750%), 12/17/27 | 326,643 | 0.1 |
1,476,818 | | LBM Acquisition LLC Term Loan B, 4.500%, (US0003M + 3.750%), 12/17/27 | 1,469,895 | 0.3 |
427,850 | | LEB Holdings (USA), Inc Term Loan B, 4.500%, (US0003M + 3.750%), 11/02/27 | 429,321 | 0.1 |
2,283,890 | | MX Holdings US, Inc. Term Loan B1B, 3.500%, (US0001M + 2.750%), 07/31/25 | 2,287,459 | 0.5 |
765,313 | | Northstar Group Services, INC. 2020 Term Loan B, 6.500%, (US0001M + 5.500%), 11/09/26 | 771,052 | 0.1 |
239,131 | | Quikrete Holdings, Inc. Term Loan B, 2.604%, (US0001M + 2.500%), 02/01/27 | 237,203 | 0.0 |
745,000 | | SRS Distribution Inc. 2021 Term Loan B, 4.250%, (US0001M + 3.750%), 06/02/28 | 745,291 | 0.1 |
1,005,713 | | Werner FinCo LP 2017 Term Loan, 5.000%, (US0003M + 4.000%), 07/24/24 | 1,008,227 | 0.2 |
595,446 | | Wilsonart LLC 2021 Term Loan E, 4.500%, (US0003M + 3.500%), 12/19/26 | 595,859 | 0.1 |
| | | 21,364,813 | 4.3 |
| | | | |
| | Business Equipment & Services: 12.0% |
531,940 | | 24-7 Intouch Inc 2018 Term Loan, 4.854%, (US0001M + 4.750%), 08/25/25 | 530,610 | 0.1 |
2,384,025 | | AlixPartners, LLP 2021 USD Term Loan B, 3.250%, (US0001M + 2.750%), 02/04/28 | 2,376,410 | 0.5 |
550,000 | | Allied Universal Holdco LLC 2021 USD Incremental Term Loan B, 4.250%, (US0001M + 3.750%), 05/12/28 | 552,313 | 0.1 |
560,000 | | Ankura Consulting Group, LLC Term Loan, 5.250%, (US0001M + 4.500%), 03/17/28 | 562,100 | 0.1 |
1,319,181 | | AqGen Ascensus, Inc. 2020 Term Loan, 5.000%, (US0001M + 4.000%), 12/13/26 | 1,321,346 | 0.3 |
1,015,091 | | Ascend Learning, LLC 2017 Term Loan B, 4.000%, (US0001M + 3.000%), 07/12/24 | 1,015,567 | 0.2 |
635,704 | | Atlas CC Acquisition Corp Term Loan B, 5.000%, (US0003M + 4.250%), 04/28/28 | 638,009 | 0.1 |
129,296 | | Atlas CC Acquisition Corp Term Loan C, 6.000%, (US0003M + 4.250%), 04/28/28 | 129,764 | 0.0 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Business Equipment & Services: (continued) |
660,000 | | Belfor Holdings Inc. Term Loan B, 4.104%, (US0001M + 3.750%), 04/06/26 | $ 660,825 | 0.1 |
2,277,913 | | Big Ass Fans, LLC 2018 Term Loan, 4.750%, (US0001M + 3.750%), 05/21/24 | 2,283,608 | 0.5 |
871,882 | | Cambium Learning Group, Inc. Term Loan B, 5.250%, (US0003M + 4.500%), 12/18/25 | 878,331 | 0.2 |
955,200 | | Camelot U.S. Acquisition 1 Co. 2020 Incremental Term Loan B, 4.000%, (US0001M + 3.000%), 10/30/26 | 956,872 | 0.2 |
1,398,985 | | Castle US Holding Corporation USD Term Loan B, 3.897%, (US0003M + 3.750%), 01/29/27 | 1,384,645 | 0.3 |
635,000 | | Cimpress Public Limited Company USD Term Loan B, 4.000%, (US0001M + 3.500%), 04/30/28 | 633,611 | 0.1 |
225,000 | | DG Investment Intermediate Holdings 2, Inc. 2021 2nd Lien Term Loan, 7.500%, (US0001M + 6.750%), 03/30/29 | 226,125 | 0.0 |
200,866 | (1) | DG Investment Intermediate Holdings 2, Inc. 2021 Delayed Draw Term Loan, 4.500%, (US0001M + 3.750%), 03/31/28 | 201,694 | 0.0 |
959,134 | | DG Investment Intermediate Holdings 2, Inc. 2021 Term Loan, 4.500%, (US0001M + 3.750%), 03/31/28 | 963,091 | 0.2 |
2,420,000 | | Endure Digital Inc. Term Loan, 4.250%, (US0003M + 3.500%), 02/10/28 | 2,413,195 | 0.5 |
880,000 | | Ensono, LP 2021 Term Loan, 4.750%, (US0001M + 4.000%), 05/19/28 | 883,667 | 0.2 |
1,918,673 | | EVO Payments International LLC 2018 1st Lien Term Loan, 3.360%, (US0001M + 3.250%), 12/22/23 | 1,916,995 | 0.4 |
357,257 | | First Advantage Holdings, LLC 2021 Term Loan B, 3.104%, (US0001M + 3.000%), 01/31/27 | 356,007 | 0.1 |
1,394,076 | | Flexential Intermediate Corporation 2nd Lien Term Loan, 7.379%, (US0003M + 7.250%), 08/01/25 | 1,268,260 | 0.3 |
1,870,899 | | GreenSky Holdings, LLC 2018 Term Loan B, 3.375%, (US0001M + 3.250%), 03/31/25 | 1,833,481 | 0.4 |
294,264 | | IG Investment Holdings, LLC 2018 1st Lien Term Loan, 4.750%, (US0003M + 3.750%), 05/23/25 | 295,210 | 0.1 |
825,000 | | ION Trading Finance Limited 2021 USD Term Loan, 4.917%, (US0003M + 4.750%), 04/01/28 | 829,493 | 0.2 |
1,057,350 | | Ivanti Software, Inc. 2020 Term Loan B, 5.750%, (US0003M + 4.750%), 12/01/27 | 1,059,993 | 0.2 |
2,111,766 | | KUEHG Corp. 2018 Incremental Term Loan, 4.750%, (US0003M + 3.750%), 02/21/25 | 2,083,610 | 0.4 |
229,425 | | Mermaid BidCo Inc USD Term Loan B, 5.000%, (US0003M + 4.250%), 12/22/27 | 230,572 | 0.0 |
1,601,525 | | Milano Acquisition Corp Term Loan B, 4.750%, (US0003M + 4.000%), 10/01/27 | 1,608,532 | 0.3 |
709,909 | | NeuStar, Inc. 2018 Term Loan B4, 4.750%, (US0003M + 3.500%), 08/08/24 | 694,379 | 0.1 |
1,999,988 | | Nielsen Consumer Inc. 2021 USD Term Loan B, 4.080%, (US0001M + 4.000%), 03/06/28 | 2,006,237 | 0.4 |
825,000 | | Paysafe Holdings (US) Corp USD Term Loan B1, 2.896%, (US0003M + 2.750%), 06/09/28 | 821,906 | 0.2 |
1,855,000 | | Polaris Newco LLC USD Term Loan B, 4.500%, (US0006M + 4.000%), 06/02/28 | 1,862,377 | 0.4 |
1,766,725 | | Pre-Paid Legal Services, Inc. 2018 1st Lien Term Loan, 3.354%, (US0001M + 3.250%), 05/01/25 | 1,756,345 | 0.3 |
1,445,000 | | Protective Industrial Products, Inc 2021 Term Loan, 4.750%, (US0001W + 4.000%), 01/20/28 | 1,448,162 | 0.3 |
508,933 | | Red Ventures, LLC 2020 Term Loan B2, 2.604%, (US0001M + 2.500%), 11/08/24 | 502,935 | 0.1 |
465,000 | | Renaissance Holding Corp. 2018 2nd Lien Term Loan, 7.104%, (US0001M + 7.000%), 05/29/26 | 467,616 | 0.1 |
1,266,374 | | Renaissance Learning, Inc. 2018 Add On Term Loan, 3.343%, (US0001M + 3.250%), 05/30/25 | 1,255,066 | 0.2 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Business Equipment & Services: (continued) |
1,961,105 | | Research Now Group, Inc. 2017 1st Lien Term Loan, 6.500%, (US0006M + 5.500%), 12/20/24 | $ 1,940,268 | 0.4 |
818,070 | | Rockwood Service Corporation 2020 Term Loan, 4.104%, (US0001M + 4.000%), 01/23/27 | 820,883 | 0.2 |
235,433 | (1) | Service Logic Acquisition, Inc Delayed Draw Term Loan, 4.131%, (US0003M + 4.000%), 10/29/27 | 236,757 | 0.0 |
959,567 | | Service Logic Acquisition, Inc Term Loan, 4.750%, (US0003M + 4.000%), 10/29/27 | 963,166 | 0.2 |
1,185,000 | | Skopima Merger Sub Inc. Term Loan B, 4.500%, (US0001M + 4.000%), 04/30/28 | 1,185,000 | 0.2 |
947,625 | | Spin Holdco Inc. 2021 Term Loan, 4.750%, (US0003M + 4.000%), 03/01/28 | 949,402 | 0.2 |
935,071 | | Staples, Inc. 7 Year Term Loan, 5.176%, (US0003M + 5.000%), 04/16/26 | 913,740 | 0.2 |
1,766,157 | | SurveyMonkey Inc. 2018 Term Loan B, 3.850%, (US0001W + 3.750%), 10/10/25 | 1,759,534 | 0.4 |
40,323 | (1) | Therma Intermediate LLC, 2020 Delayed Draw Term Loan, 4.238%, (US0003M + 4.000%), 12/16/27 | 40,373 | 0.0 |
208,629 | | Therma Intermediate LLC, 2020 Term Loan, 5.000%, (US0001M + 4.000%), 12/16/27 | 208,890 | 0.0 |
349,125 | | Thoughtworks, Inc. 2021 Term Loan B, 3.750%, (US0001M + 3.250%), 03/23/28 | 349,823 | 0.1 |
308,450 | | TruGreen Limited Partnership 2020 Term Loan, 4.750%, (US0001M + 4.000%), 11/02/27 | 310,811 | 0.1 |
1,712,479 | | Verifone Systems, Inc. 2018 1st Lien Term Loan, 4.147%, (US0003M + 4.000%), 08/20/25 | 1,687,098 | 0.3 |
1,924,420 | | Verscend Holding Corp. 2021 Term Loan B, 4.104%, (US0001M + 4.000%), 08/27/25 | 1,932,440 | 0.4 |
503,738 | | Virtusa Corporation Term Loan B, 5.000%, (US0001M + 4.250%), 02/11/28 | 506,634 | 0.1 |
1,080,678 | | VM Consolidated, Inc. 2021 Term Loan B, 3.397%, (US0003M + 3.250%), 03/19/28 | 1,080,678 | 0.2 |
1,156,661 | | West Corporation 2017 Term Loan, 5.000%, (US0003M + 4.000%), 10/10/24 | 1,133,631 | 0.2 |
2,429,623 | | Yak Access, LLC 2018 1st Lien Term Loan B, 5.095%, (US0001M + 5.000%), 07/11/25 | 2,251,046 | 0.4 |
970,000 | | Yak Access, LLC 2018 2nd Lien Term Loan B, 10.134%, (US0003M + 10.000%), 07/10/26 | 802,675 | 0.2 |
| | | 59,981,808 | 12.0 |
| | | | |
| | Cable & Satellite Television: 1.3% |
2,868,511 | | Radiate Holdco, LLC 2020 Term Loan, 4.250%, (US0001M + 3.500%), 09/25/26 | 2,873,530 | 0.6 |
679,765 | | Telesat Canada Term Loan B5, 2.860%, (US0001M + 2.750%), 12/07/26 | 637,365 | 0.1 |
498,077 | | Virgin Media Bristol LLC USD Term Loan N, 2.573%, (US0001M + 2.500%), 01/31/28 | 494,264 | 0.1 |
2,679,547 | | WideOpenWest Finance LLC 2017 Term Loan B, 4.250%, (US0001M + 3.250%), 08/18/23 | 2,678,429 | 0.5 |
| | | 6,683,588 | 1.3 |
| | | | |
| | Chemicals & Plastics: 2.5% |
1,188,901 | | Ascend Performance Materials Operations LLC 2021 Term Loan B, 5.500%, (US0003M + 4.750%), 08/27/26 | 1,207,663 | 0.2 |
2,376,985 | | Composite Resins Holding B.V. 2018 Term Loan B, 5.250%, (US0003M + 4.250%), 08/01/25 | 2,387,384 | 0.5 |
1,090,000 | | CPC Acquisition Corp Term Loan, 4.500%, (US0003M + 3.750%), 12/29/27 | 1,090,681 | 0.2 |
190,000 | | NIC Acquisition Corp. Second Lien Term Loan, 8.500%, (US0003M + 7.750%), 12/29/28 | 191,425 | 0.0 |
1,088,289 | | Diamond (BC) B.V. USD Term Loan, 3.185%, (US0001M + 3.000%), 09/06/24 | 1,083,783 | 0.2 |
496,250 | | Emerald Performance Materials, LLC 2020 Term Loan B, 5.000%, (US0001M + 4.000%), 08/12/25 | 498,359 | 0.1 |
1,031,917 | | Encapsys, LLC 2020 Term Loan B2, 4.250%, (US0001M + 3.250%), 11/07/24 | 1,033,638 | 0.2 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Chemicals & Plastics: (continued) |
1,105,000 | | INEOS Styrolution US Holding LLC 2021 USD Term Loan B, 3.250%, (US0001M + 2.750%), 01/29/26 | $ 1,104,137 | 0.2 |
420,000 | | Lonza Group AG USD Term Loan B, 4.131%, (US0003M + 4.000%), 04/29/28 | 420,735 | 0.1 |
1,196,991 | | Polar US Borrower, LLC 2018 1st Lien Term Loan, 4.831%, (US0001M + 4.750%), 10/15/25 | 1,202,976 | 0.2 |
310,000 | | Potters Industries, LLC Term Loan B, 4.750%, (US0003M + 4.000%), 12/14/27 | 310,872 | 0.1 |
505,000 | | PQ Corporation 2021 Term Loan B, 3.250%, (US0003M + 2.750%), 05/26/28 | 505,000 | 0.1 |
770,000 | | Sparta U.S. HoldCo LLC 2021 Term Loan, 3.631%, (US0003M + 3.500%), 05/04/28 | 772,165 | 0.2 |
783,121 | | Starfruit Finco B.V 2018 USD Term Loan B, 3.133%, (US0001M + 2.750%), 10/01/25 | 778,226 | 0.2 |
| | | 12,587,044 | 2.5 |
| | | | |
| | Clothing/Textiles: 0.1% |
505,000 | | Birkenstock GmbH & Co. KG USD Term Loan B, 4.250%, (US0003M + 3.750%), 04/27/28 | 505,252 | 0.1 |
| | | | |
| | Consumer, Cyclical: 0.3% |
845,000 | | Mileage Plus Holdings LLC 2020 Term Loan B, 6.250%, (US0003M + 5.250%), 06/21/27 | 903,160 | 0.2 |
385,000 | | WellPet - TL B 1L, 4.500%, (US0003M + 3.750%), 12/21/27 | 385,481 | 0.1 |
| | | 1,288,641 | 0.3 |
| | | | |
| | Consumer, Non-cyclical: 1.0% |
992,268 | | Albany Molecular Research, Inc. 2017 1st Lien Term Loan, 4.250%, (US0003M + 3.250%), 08/30/24 | 994,439 | 0.2 |
1,955,000 | | CoreLogic, Inc. TL B 1L, 4.000%, (US0001M + 3.500%), 06/02/28 | 1,954,083 | 0.4 |
1,937,369 | | Lifescan Global Corporation 2018 1st Lien Term Loan, 6.202%, (US0003M + 6.000%), 10/01/24 | 1,920,820 | 0.4 |
| | | 4,869,342 | 1.0 |
| | | | |
| | Containers & Glass Products: 2.9% |
1,450,000 | | Altium Packaging LLC 2021 Term Loan B, 3.250%, (US0001M + 2.750%), 02/03/28 | 1,443,656 | 0.3 |
1,907,903 | | BWAY Holding Company 2017 Term Loan B, 3.354%, (US0001M + 3.250%), 04/03/24 | 1,865,487 | 0.4 |
180,000 | | Charter NEX US, Inc. 2021 Term Loan, 3.851%, (US0001M + 3.750%), 12/01/27 | 180,506 | 0.0 |
1,645,257 | | Flex Acquisition Company, Inc. 2018 Incremental Term Loan, 3.452%, (US0003M + 3.250%), 06/29/25 | 1,631,478 | 0.3 |
1,630,926 | | Flex Acquisition Company, Inc. 2021 Term Loan, 4.000%, (US0003M + 3.500%), 02/23/28 | 1,626,645 | 0.3 |
1,524,451 | | Graham Packaging Company Inc. 2021 Term Loan, 3.750%, (US0001M + 3.000%), 08/04/27 | 1,525,316 | 0.3 |
731,654 | | Plaze, Inc. 2020 Incremental Term Loan, 4.500%, (US0001M + 3.750%), 08/03/26 | 727,996 | 0.2 |
1,920,000 | | Proampac PG Borrower LLC 2020 Term Loan, 4.862%, (US0003M + 4.000%), 11/03/25 | 1,923,999 | 0.4 |
2,193,227 | | Reynolds Group Holdings Inc. 2020 Term Loan B2, 3.354%, (US0001M + 3.250%), 02/05/26 | 2,181,804 | 0.4 |
343,275 | | Tosca Services, LLC 2021 Term Loan, 4.250%, (US0001M + 3.500%), 08/18/27 | 344,062 | 0.1 |
157,919 | (1) | TricorBraun Holdings, Inc. 2021 Delayed Draw Term Loan, 3.750%, (US0003M + 3.250%), 03/03/28 | 156,920 | 0.0 |
702,081 | | TricorBraun Holdings, Inc. 2021 Term Loan, 3.750%, (US0003M + 3.250%), 03/03/28 | 697,638 | 0.2 |
| | | 14,305,507 | 2.9 |
| | | | |
| | Cosmetics/Toiletries: 0.4% |
1,171,269 | | Anastasia Parent, LLC 2018 Term Loan B, 3.897%, (US0003M + 3.750%), 08/11/25 | 939,943 | 0.2 |
1,302,994 | | Wellness Merger Sub, Inc. 1st Lien Term Loan, 4.104%, (US0001M + 4.000%), 06/30/24 | 1,299,737 | 0.2 |
| | | 2,239,680 | 0.4 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Drugs: 1.5% |
997,415 | | Amneal Pharmaceuticals LLC 2018 Term Loan B, 5.125%, (US0001M + 3.500%), 05/04/25 | $ 982,952 | 0.2 |
445,000 | | ANI Pharmaceuticals, Inc Term Loan B, 5.631%, (US0003M + 5.500%), 04/27/28 | 439,438 | 0.1 |
1,193,664 | | Endo Luxembourg Finance Company I S.a r.l. 2021 Term Loan, 5.750%, (US0003M + 5.000%), 03/27/28 | 1,164,942 | 0.2 |
1,825,000 | | Jazz Financing Lux S.a.r.l. USD Term Loan, 4.000%, (US0001M + 3.500%), 04/21/28 | 1,833,963 | 0.4 |
3,000,000 | | Organon & Co USD Term Loan, 3.500%, (US0003M + 3.000%), 06/02/28 | 3,006,162 | 0.6 |
| | | 7,427,457 | 1.5 |
| | | | |
| | Ecological Services & Equipment: 0.4% |
245,000 | | Denali Water Solutions Term Loan B, 5.000%, (US0003M + 4.250%), 03/25/28 | 244,923 | 0.0 |
1,949,631 | | GFL Environmental Inc. 2020 Term Loan, 3.500%, (US0001M + 3.000%), 05/30/25 | 1,953,531 | 0.4 |
| | | 2,198,454 | 0.4 |
| | | | |
| | Electronics/Electrical: 15.1% |
18,462 | | Allegro Microsystems, Inc. Term Loan, 4.250%, (US0003M + 3.750%), 09/30/27 | 18,462 | 0.0 |
485,000 | | Aspect Software, Inc. 2021 Term Loan, 6.000%, (US0003M + 5.250%), 05/08/28 | 478,129 | 0.1 |
2,880,521 | | Banff Merger Sub Inc 2021 USD Term Loan, 3.854%, (US0001M + 3.750%), 10/02/25 | 2,867,017 | 0.6 |
1,965,047 | | Barracuda Networks, Inc. 1st Lien Term Loan, 4.500%, (US0003M + 3.750%), 02/12/25 | 1,973,029 | 0.4 |
275,000 | | Barracuda Networks, Inc. 2020 2nd Lien Term Loan, 7.500%, (US0003M + 6.750%), 10/30/28 | 280,958 | 0.1 |
1,200,916 | | Brave Parent Holdings, Inc. 1st Lien Term Loan, 4.104%, (US0001M + 4.000%), 04/18/25 | 1,201,041 | 0.2 |
1,314,654 | | By Crown Parent, LLC Term Loan B1, 4.000%, (US0001M + 3.000%), 02/02/26 | 1,316,297 | 0.3 |
379,050 | | Cloudera, Inc. Term Loan B, 3.250%, (US0001M + 2.500%), 12/22/27 | 379,240 | 0.1 |
966,995 | | Cohu, Inc. 2018 Term Loan B, 3.172%, (US0003M + 3.000%), 10/01/25 | 965,182 | 0.2 |
313,425 | | CommerceHub, Inc. 2020 Term Loan B, 4.750%, (US0003M + 4.000%), 12/29/27 | 314,600 | 0.1 |
211,765 | (1) | Constant Contact Inc Delayed Draw Term Loan, 4.131%, (US0003M + 4.000%), 02/10/28 | 211,301 | 0.0 |
788,235 | | Constant Contact Inc Term Loan, 4.750%, (US0003M + 4.000%), 02/10/28 | 786,511 | 0.2 |
260,000 | | CoreLogic, Inc. 2nd Lien Term Loan, 7.000%, (US0001M + 6.500%), 04/13/29 | 262,275 | 0.0 |
1,385,710 | | Cornerstone OnDemand, Inc. 2021 Term Loan B, 3.341%, (US0001M + 3.250%), 04/22/27 | 1,386,824 | 0.3 |
995,000 | | Delta TopCo, Inc. 2020 Term Loan B, 4.500%, (US0003M + 3.750%), 12/01/27 | 998,421 | 0.2 |
1,451,448 | | EagleView Technology Corporation 2018 Add On Term Loan B, 3.635%, (US0003M + 3.500%), 08/14/25 | 1,435,725 | 0.3 |
1,031,420 | | Electrical Components International, Inc. 2018 1st Lien Term Loan, 4.368%, (US0002M + 4.250%), 06/26/25 | 1,021,106 | 0.2 |
1,791,463 | | Epicor Software Corporation 2020 Term Loan, 4.000%, (US0001M + 3.250%), 07/30/27 | 1,791,056 | 0.4 |
947,625 | | Grab Holdings Inc Term Loan B, 5.500%, (US0006M + 4.500%), 01/29/26 | 966,577 | 0.2 |
1,665,825 | | Greeneden U.S. Holdings II, LLC 2020 USD Term Loan B, 4.750%, (US0001M + 4.000%), 12/01/27 | 1,671,774 | 0.3 |
795,429 | | Helios Software Holdings, Inc. 2021 USD Term Loan B, 3.917%, (US0006M + 3.750%), 03/05/28 | 797,169 | 0.2 |
1,897,452 | | Hyland Software, Inc. 2018 1st Lien Term Loan, 4.250%, (US0001M + 3.500%), 07/01/24 | 1,903,721 | 0.4 |
1,984,451 | | Imperva, Inc. 1st Lien Term Loan, 5.000%, (US0003M + 4.000%), 01/12/26 | 1,993,488 | 0.4 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Electronics/Electrical: (continued) |
1,368,871 | | Imperva, Inc. 2nd Lien Term Loan, 8.750%, (US0003M + 7.750%), 01/10/27 | $ 1,376,742 | 0.3 |
2,337,919 | | Informatica LLC, 2020 USD Term Loan B, 3.354%, (US0001M + 3.250%), 02/25/27 | 2,327,365 | 0.5 |
1,420,000 | | Ingram Micro Inc. 2021 Term Loan B, 3.631%, (US0003M + 3.500%), 03/31/28 | 1,424,585 | 0.3 |
259,350 | | Ivanti Software, Inc. 2021 Add On Term Loan B, 4.750%, (US0003M + 4.000%), 12/01/27 | 258,621 | 0.0 |
1,596,000 | | LogMeIn, Inc. Term Loan B, 4.827%, (US0001M + 4.750%), 08/31/27 | 1,594,836 | 0.3 |
123,002 | | MA FinanceCo., LLC USD Term Loan B3, 2.854%, (US0001M + 2.750%), 06/21/24 | 121,849 | 0.0 |
1,150,000 | | Magenta Buyer LLC 2021 USD 1st Lien Term Loan, 5.131%, (US0003M + 5.000%), 05/03/28 | 1,151,232 | 0.2 |
2,621,921 | | McAfee, LLC 2018 USD Term Loan B, 3.846%, (US0001M + 3.750%), 09/30/24 | 2,625,380 | 0.5 |
1,205,750 | | MH Sub I, LLC 2017 1st Lien Term Loan, 3.604%, (US0001M + 3.500%), 09/13/24 | 1,202,197 | 0.2 |
1,681,508 | | MH Sub I, LLC 2020 Incremental Term Loan, 4.750%, (US0001M + 3.750%), 09/13/24 | 1,687,183 | 0.3 |
615,000 | | MH Sub I, LLC 2021 2nd Lien Term Loan, 6.345%, (US0001M + 6.250%), 02/12/29 | 627,172 | 0.1 |
1,000,000 | | NAVEX TopCo, Inc. 2018 1st Lien Term Loan, 3.354%, (US0001M + 3.250%), 08/08/25 | 992,656 | 0.2 |
1,065,000 | | Panther Commercial Holdings L.P Term Loan, 5.000%, (US0001M + 4.500%), 01/07/28 | 1,068,328 | 0.2 |
1,159,175 | | Planview Parent, Inc. Term Loan, 4.750%, (US0003M + 4.000%), 12/17/27 | 1,162,556 | 0.2 |
2,187,897 | | Project Boost Purchaser, LLC 2019 Term Loan B, 3.604%, (US0001M + 3.500%), 06/01/26 | 2,176,958 | 0.4 |
2,276,859 | | Project Leopard Holdings, Inc. 2019 Term Loan, 5.750%, (US0003M + 4.750%), 07/07/24 | 2,286,820 | 0.5 |
2,170,000 | | Proofpoint, Inc. 1st Lien Term Loan, 3.396%, (US0003M + 3.250%), 06/09/28 | 2,160,845 | 0.4 |
731,360 | | Quest Software US Holdings Inc. 2018 1st Lien Term Loan, 4.436%, (US0003M + 4.250%), 05/16/25 | 731,491 | 0.1 |
2,000,000 | | Quest Software US Holdings Inc. 2018 2nd Lien Term Loan, 8.436%, (US0003M + 8.250%), 05/18/26 | 2,001,876 | 0.4 |
2,608,463 | | Rackspace Technology Global, Inc. 2021 Term Loan, 3.500%, (US0003M + 2.750%), 02/15/28 | 2,598,274 | 0.5 |
405,058 | (1) | Redstone Buyer LLC 2021 Delayed Draw Term Loan, 4.881%, (US0003M + 4.750%), 04/27/28 | 405,311 | 0.1 |
1,034,942 | | Redstone Buyer LLC 2021 Term Loan, 5.500%, (US0003M + 4.750%), 04/27/28 | 1,035,589 | 0.2 |
980,328 | | Riverbed Technology, Inc. 2020 Term Loan B, 7.000%, (US0003M + 6.000%), 12/31/25 | 934,252 | 0.2 |
1,550,143 | | Rocket Software, Inc. 2018 Term Loan, 4.354%, (US0001M + 4.250%), 11/28/25 | 1,523,863 | 0.3 |
1,825,000 | | Rocket Software, Inc. 2021 USD Incremental Term Loan B, 4.396%, (US0003M + 4.250%), 11/28/25 | 1,795,572 | 0.4 |
378,100 | | Sabre GLBL Inc. 2020 Term Loan B, 4.750%, (US0001M + 4.000%), 12/17/27 | 381,290 | 0.1 |
830,013 | | Seattle Spinco, Inc. USD Term Loan B3, 2.854%, (US0001M + 2.750%), 06/21/24 | 822,232 | 0.2 |
1,104,611 | | SolarWinds Holdings, Inc. 2018 Term Loan B, 2.854%, (US0001M + 2.750%), 02/05/24 | 1,092,875 | 0.2 |
1,888,859 | | SonicWall US Holdings Inc. 1st Lien Term Loan, 3.650%, (US0003M + 3.500%), 05/16/25 | 1,877,290 | 0.4 |
1,691,114 | | Surf Holdings, LLC USD Term Loan, 3.628%, (US0003M + 3.500%), 03/05/27 | 1,681,602 | 0.3 |
1,106,638 | | Tech Data Corporation ABL Term Loan, 3.604%, (US0001M + 3.500%), 06/30/25 | 1,109,681 | 0.2 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Electronics/Electrical: (continued) |
355,000 | | Tenable Holdings, Inc. Term Loan B, 2.896%, (US0003M + 2.750%), 06/17/28 | $ 355,444 | 0.1 |
467,526 | | Travelport Finance (Luxembourg) S.a.r.l. 2019 Term Loan, 5.203%, (US0003M + 5.000%), 05/29/26 | 427,056 | 0.1 |
768,920 | (2) | Travelport Finance (Luxembourg) S.a.r.l. 2020 Super Priority Term Loan, 3.500% (PIK Rate 6.500%, Cash Rate 2.500%), 02/28/25 | 808,328 | 0.2 |
2,682,250 | | Ultimate Software Group Inc(The) Term Loan B, 3.854%, (US0001M + 3.750%), 05/04/26 | 2,686,906 | 0.5 |
1,185,167 | | Ultra Clean Holdings, Inc 2021 Term Loan B, 3.854%, (US0001M + 3.750%), 08/27/25 | 1,189,118 | 0.2 |
850,000 | | Watlow Electric Manufacturing Company Term Loan B, 4.147%, (US0003M + 4.000%), 03/02/28 | 853,187 | 0.2 |
517,400 | | Weld North Education, LLC 2020 Term Loan B, 4.750%, (US0001M + 4.000%), 12/21/27 | 518,693 | 0.1 |
1,360,607 | | Xperi Corporation 2020 Term Loan B, 3.581%, (US0001M + 3.500%), 06/02/25 | 1,362,591 | 0.3 |
| | | 75,457,749 | 15.1 |
| | | | |
| | Equipment Leasing: 0.1% |
418,950 | | Rent-A-Center, Inc. 2021 Term Loan B, 4.750%, (US0001M + 4.000%), 02/17/28 | 421,132 | 0.1 |
| | | | |
| | Financial: 0.4% |
1,310,541 | | Blucora, Inc. 2017 Term Loan B, 5.000%, (US0003M + 4.000%), 05/22/24 | 1,313,817 | 0.3 |
500,000 | | HUB International Ltd. - TL B3 1L, 4.000%, (US0003M + 3.250%), 04/25/25 | 500,692 | 0.1 |
| | | 1,814,509 | 0.4 |
| | | | |
| | Financial Intermediaries: 2.7% |
447,727 | | Advisor Group, Inc. 2021 Term Loan, 4.604%, (US0001M + 4.500%), 07/31/26 | 449,279 | 0.1 |
470,000 | | AqGen Ascensus, Inc. 2021 2nd Lien Term Loan, 6.131%, (US0003M + 6.000%), 05/04/29 | 467,650 | 0.1 |
775,000 | | AqGen Island Holdings, Inc. Term Loan, 3.631%, (US0003M + 3.500%), 05/20/28 | 775,484 | 0.1 |
1,354,129 | | Blackhawk Network Holdings, Inc 2018 1st Lien Term Loan, 3.104%, (US0001M + 3.000%), 06/15/25 | 1,341,010 | 0.3 |
583,538 | | Blackstone Mortgage Trust, Inc. 2021 Term Loan B2, 3.250%, (US0001M + 2.750%), 04/23/26 | 584,267 | 0.1 |
568,575 | | Citadel Securities LP 2021 Term Loan B, 2.604%, (US0001M + 2.500%), 02/29/28 | 563,458 | 0.1 |
917,999 | | Cushman & Wakefield U.S. Borrower, LLC 2020 Term Loan B, 2.854%, (US0001M + 2.750%), 08/21/25 | 911,573 | 0.2 |
1,791,900 | | Deerfield Dakota Holding, LLC 2020 USD Term Loan B, 4.750%, (US0001M + 3.750%), 04/09/27 | 1,802,503 | 0.3 |
2,395,450 | | Edelman Financial Center, LLC 2021 Term Loan B, 4.500%, (US0001M + 3.750%), 04/07/28 | 2,400,439 | 0.5 |
326,250 | | First Eagle Holdings, Inc. 2020 Term Loan B, 2.647%, (US0003M + 2.500%), 02/01/27 | 322,401 | 0.1 |
319,688 | | Focus Financial Partners, LLC 2021 Delayed Draw Term Loan, 2.646%, (US0003M + 2.500%), 06/24/28 | 319,022 | 0.1 |
1,385,313 | | Focus Financial Partners, LLC 2021 Term Loan, 2.646%, (US0003M + 2.500%), 06/24/28 | 1,382,427 | 0.3 |
117,000 | (1) | HighTower Holdings LLC 2021 Delayed Draw Term Loan, 4.381%, (US0003M + 4.250%), 04/30/28 | 117,414 | 0.0 |
468,000 | | HighTower Holdings LLC 2021 Term Loan B, 4.750%, (US0003M + 4.000%), 04/30/28 | 469,658 | 0.1 |
846,781 | | VFH Parent LLC 2019 Term Loan B, 3.093%, (US0001M + 3.000%), 03/01/26 | 844,576 | 0.2 |
610,000 | | Zebra Buyer LLC Term Loan B, 3.381%, (US0003M + 3.250%), 04/21/28 | 612,732 | 0.1 |
| | | 13,363,893 | 2.7 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Food Products: 1.7% |
994,911 | | 8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan, 3.591%, (US0001M + 3.500%), 10/01/25 | $ 993,460 | 0.2 |
1,111,583 | | Atkins Nutritionals Holdings II, Inc. 2017 Term Loan B, 4.750%, (US0001M + 3.750%), 07/07/24 | 1,118,646 | 0.2 |
101,053 | (1) | Dessert Holdings Inc. Delayed Draw Term Loan, 4.146%, (US0003M + 4.000%), 06/07/28 | 101,095 | 0.0 |
538,947 | | Dessert Holdings Inc. Term Loan, 5.000%, (US0001M + 4.000%), 06/07/28 | 539,172 | 0.1 |
2,708,213 | | IRB Holding Corp 2020 Fourth Amendment Incremental Term Loan, 4.250%, (US0003M + 3.250%), 12/15/27 | 2,709,624 | 0.5 |
618,100 | | IRB Holding Corp 2020 Term Loan B, 3.750%, (US0003M + 2.750%), 02/05/25 | 617,231 | 0.1 |
970,000 | (3),(4),(5) | NPC International, Inc. 2nd Lien Term Loan, 7.646%, (US0003M + 7.500%), 04/18/25 | 19,400 | 0.0 |
1,089,628 | | Sigma Bidco B.V. 2018 USD Term Loan B, 3.260%, (US0006M + 3.000%), 07/02/25 | 1,067,665 | 0.2 |
23,661 | | TGP Holdings III, LLC 2021 Delayed Draw Term Loan, 3.646%, (US0003M + 3.500%), 06/23/28 | 23,720 | 0.0 |
241,339 | | TGP Holdings III, LLC 2021 Term Loan, 3.646%, (US0003M + 3.500%), 06/23/28 | 241,943 | 0.1 |
1,224,782 | | Weber-Stephen Products LLC Term Loan B, 4.000%, (US0001M + 3.250%), 10/30/27 | 1,228,281 | 0.3 |
| | | 8,660,237 | 1.7 |
| | | | |
| | Food Service: 1.1% |
400,571 | | Fogo De Chao, Inc. 2018 Add On Term Loan, 5.250%, (US0003M + 4.250%), 04/07/25 | 397,400 | 0.1 |
1,535,382 | | Golden Nugget, Inc. 2017 Incremental Term Loan B, 3.250%, (US0002M + 2.500%), 10/04/23 | 1,525,544 | 0.3 |
1,638,127 | | H Food Holdings LLC 2018 Term Loan B, 3.792%, (US0001M + 3.688%), 05/23/25 | 1,630,064 | 0.3 |
480,000 | | K-Mac Holdings Corp 2021 2nd Lien Term Loan, 6.896%, (US0003M + 6.750%), 06/22/29 | 484,950 | 0.1 |
330,000 | | K-Mac Holdings Corp 2021 Term Loan, 3.646%, (US0003M + 3.500%), 06/23/28 | 331,031 | 0.1 |
987,346 | | Tacala, LLC 1st Lien Term Loan, 3.845%, (US0001M + 3.750%), 02/05/27 | 989,277 | 0.2 |
| | | 5,358,266 | 1.1 |
| | | | |
| | Food/Drug Retailers: 1.5% |
2,156,613 | | EG Finco Limited 2018 USD Term Loan, 4.146%, (US0003M + 4.000%), 02/07/25 | 2,145,291 | 0.4 |
1,767,818 | | Moran Foods, LLC 2020 2nd Lien Term Loan, 11.750%, (US0003M + 10.750%), 10/01/24 | 1,570,414 | 0.3 |
1,354,261 | | Moran Foods, LLC 2020 Term Loan, 8.000%, (US0003M + 7.000%), 04/01/24 | 1,428,745 | 0.3 |
1,516,900 | | Portillos Holdings, LLC 2019 1st Lien Term Loan B3, 6.500%, (US0003M + 5.500%), 09/06/24 | 1,524,484 | 0.3 |
1,096,596 | | United Natural Foods, Inc. Term Loan B, 3.604%, (US0001M + 3.500%), 10/22/25 | 1,098,767 | 0.2 |
| | | 7,767,701 | 1.5 |
| | | | |
| | Forest Products: 0.6% |
468,798 | | Blount International Inc. 2018 Term Loan B, 4.750%, (US0001M + 3.750%), 04/12/23 | 470,898 | 0.1 |
1,753,763 | | LABL, Inc. 2021 USD Term Loan B, 4.104%, (US0001M + 4.000%), 07/01/26 | 1,754,077 | 0.3 |
530,000 | | Osmose Utilities Services, Inc. Term Loan, 3.396%, (US0003M + 3.250%), 06/16/28 | 529,006 | 0.1 |
490,000 | | Spa Holdings 3 Oy USD Term Loan B, 4.750%, (US0003M + 4.000%), 02/04/28 | 492,348 | 0.1 |
| | | 3,246,329 | 0.6 |
| | | | |
| | Health Care: 9.1% |
1,500,463 | | Accelerated Health Systems, LLC Term Loan B, 3.591%, (US0001M + 3.500%), 10/31/25 | 1,498,587 | 0.3 |
2,379,038 | | ADMI Corp. 2021 Term Loan B2, 3.250%, (US0001M + 2.750%), 12/23/27 | 2,359,708 | 0.5 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Health Care: (continued) |
1,188,155 | | Air Methods Corporation 2017 Term Loan B, 4.500%, (US0003M + 3.500%), 04/22/24 | $ 1,173,489 | 0.2 |
248,750 | | Albany Molecular Research, Inc. 2020 Incremental Term Loan, 4.500%, (US0003M + 3.500%), 08/30/24 | 249,496 | 0.0 |
492,901 | | Alliance Healthcare Services, Inc. 2017 Term Loan B, 5.500%, 10/24/23 | 491,053 | 0.1 |
527,350 | | ASP Navigate Acquisition Corp Term Loan, 5.500%, (US0003M + 4.500%), 10/06/27 | 529,328 | 0.1 |
1,725,675 | | Athenahealth, Inc. 2021 Term Loan B1, 4.410%, (US0003M + 4.250%), 02/11/26 | 1,736,999 | 0.3 |
1,760,984 | | Bausch Health Companies, Inc. 2018 Term Loan B, 3.104%, (US0001M + 3.000%), 06/02/25 | 1,756,032 | 0.4 |
66,993 | | Cano Health LLC Delayed Draw Term Loan, 5.250%, (US0003M + 4.500%), 11/19/27 | 67,202 | 0.0 |
319,935 | | Cano Health LLC Term Loan, 5.500%, (US0003M + 4.750%), 11/19/27 | 320,935 | 0.1 |
355,000 | | CBI Buyer, Inc. Term Loan, 3.750%, (US0001M + 3.250%), 01/06/28 | 354,024 | 0.1 |
475,000 | | CCRR Parent, Inc Term Loan B, 5.000%, (US0003M + 4.250%), 03/06/28 | 478,414 | 0.1 |
348 | | Change Healthcare Holdings LLC 2017 Term Loan B, 3.500%, (US0001M + 2.500%), 03/01/24 | 348 | 0.0 |
1,191,000 | | Da Vinci Purchaser Corp. 2019 Term Loan, 5.000%, (US0003M + 4.000%), 01/08/27 | 1,196,211 | 0.2 |
1,973,222 | | Envision Healthcare Corporation 2018 1st Lien Term Loan, 3.854%, (US0001M + 3.750%), 10/10/25 | 1,694,504 | 0.3 |
254,358 | | eResearchTechnology, Inc. 2020 1st Lien Term Loan, 5.500%, (US0001M + 4.500%), 02/04/27 | 255,848 | 0.1 |
2,072,403 | | ExamWorks Group, Inc. 2017 Term Loan, 4.250%, (US0001M + 3.250%), 07/27/23 | 2,076,774 | 0.4 |
2,824,784 | | Global Medical Response, Inc. 2017 Term Loan B2, 5.250%, (US0006M + 4.250%), 03/14/25 | 2,835,377 | 0.6 |
883,886 | | GoodRx, Inc. 1st Lien Term Loan, 2.854%, (US0001M + 2.750%), 10/10/25 | 879,559 | 0.2 |
640,000 | | Heartland Dental, LLC 2021 Incremental Term Loan, 4.073%, (US0001M + 4.000%), 04/30/25 | 639,520 | 0.1 |
241,342 | | ICON Luxembourg S.A.R.L. 1st Lien Term Loan B, 2.646%, (US0003M + 2.500%), 06/16/28 | 242,096 | 0.0 |
968,658 | | ICON Luxembourg S.A.R.L. Term Loan B, 2.646%, (US0003M + 2.500%), 06/16/28 | 971,685 | 0.2 |
529,035 | | Inovalon Holdings, Inc. 2020 Term Loan B1, 2.875%, (US0001M + 2.750%), 04/02/25 | 526,674 | 0.1 |
240,000 | | Insulet Corporation Term Loan B, 3.750%, (US0001M + 3.250%), 05/04/28 | 240,825 | 0.0 |
635,000 | | MedRisk, Inc. 2021 Term Loan B, 4.500%, (US0001M + 3.750%), 05/10/28 | 636,032 | 0.1 |
1,185,988 | | MPH Acquisition Holdings LLC 2016 Term Loan B, 3.750%, (US0003M + 2.750%), 06/07/23 | 1,183,929 | 0.2 |
150,000 | | National Mentor Holdings, Inc. 2021 2nd Lien Term Loan, 8.250%, (US0003M + 7.250%), 02/16/29 | 153,000 | 0.0 |
72,448 | | National Mentor Holdings, Inc. 2021 Term Loan C, 4.750%, (US0003M + 3.750%), 02/18/28 | 72,664 | 0.0 |
2,173,453 | | National Mentor Holdings, Inc. 2021 Term Loan, 4.500%, (US0001M + 3.750%), 02/18/28 | 2,179,906 | 0.4 |
239,080 | (1) | National Mentor Holdings, Inc. 2021 Delayed Draw Term Loan, 4.500%, (US0001M + 3.750%), 03/02/28 | 239,790 | 0.0 |
290,000 | | nThrive, Inc. 2021 1st Lien Term Loan, 4.500%, (US0006M + 3.750%), 01/28/28 | 290,181 | 0.1 |
1,355,529 | | Ortho-Clinical Diagnostics SA 2018 Term Loan B, 3.089%, (US0001M + 3.000%), 06/30/25 | 1,355,892 | 0.3 |
645,000 | | Pacific Dental Services,LLC 2021 Term Loan, 4.250%, (US0001M + 3.500%), 05/05/28 | 647,822 | 0.1 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Health Care: (continued) |
1,765,575 | | Packaging Coordinators Midco, Inc. 2020 1st Lien Term Loan, 4.250%, (US0003M + 3.500%), 11/30/27 | $ 1,769,106 | 0.4 |
796,083 | | Pathway Vet Alliance LLC 2021 Term Loan, 3.854%, (US0001M + 3.750%), 03/31/27 | 795,585 | 0.2 |
656,658 | | PetVet Care Centers, LLC 2021 Term Loan B3, 4.250%, (US0001M + 3.500%), 02/14/25 | 659,121 | 0.1 |
1,835,073 | | Phoenix Guarantor Inc 2020 Term Loan B, 3.341%, (US0001M + 3.250%), 03/05/26 | 1,824,751 | 0.4 |
189,525 | | Phoenix Guarantor Inc 2021 Term Loan B, 3.573%, (US0001M + 3.500%), 03/05/26 | 188,442 | 0.0 |
310,000 | | Pluto Acquisition I, Inc. 2021 1st Lien Term Loan, 4.126%, (US0002M + 4.000%), 06/20/26 | 310,775 | 0.1 |
250,000 | | PointClickCare Technologies, Inc. Term Loan B, 3.750%, (US0006M + 3.000%), 12/29/27 | 250,156 | 0.1 |
395,000 | | Press Ganey Holdings, Inc. 2021 Term Loan B, 4.500%, (US0003M + 3.750%), 07/24/26 | 396,893 | 0.1 |
1,411,463 | | Project Ruby Ultimate Parent Corp. 2021 Term Loan, 4.000%, (US0001M + 3.250%), 03/03/28 | 1,410,076 | 0.3 |
510,000 | | RadNet, Inc. 2021 Term Loan, 3.750%, (US0003M + 3.000%), 04/22/28 | 510,000 | 0.1 |
1,882,803 | | RegionalCare Hospital Partners Holdings, Inc. 2018 Term Loan B, 3.854%, (US0001M + 3.750%), 11/16/25 | 1,881,412 | 0.4 |
375,000 | | Resonetics, LLC 2021 Term Loan, 4.436%, (US0003M + 4.250%), 04/28/28 | 376,094 | 0.1 |
512,425 | | RxBenefits, Inc. 2020 Term Loan, 6.000%, (US0006M + 5.250%), 12/17/27 | 514,026 | 0.1 |
1,035,000 | | Sotera Health Holdings, LLC 2021 Term Loan, 3.250%, (US0003M + 2.750%), 12/11/26 | 1,032,735 | 0.2 |
2,201,988 | | Surgery Center Holdings, Inc. 2021 Term Loan, 4.500%, (US0001M + 3.750%), 08/31/26 | 2,214,202 | 0.4 |
610,000 | | U.S. Renal Care, Inc. 2021 Term Loan B, 5.604%, (US0001M + 5.500%), 06/26/26 | 613,431 | 0.1 |
813,713 | | Unified Physician Management, LLC 2020 Term Loan, 4.354%, (US0001W + 4.250%), 12/16/27 | 814,983 | 0.2 |
760,000 | | Virgin Pulse, Inc. 2021 Term Loan, 4.750%, (US0003M + 4.000%), 03/30/28 | 762,375 | 0.2 |
| | | 45,658,067 | 9.1 |
| | | | |
| | Home Furnishings: 0.6% |
765,000 | | Conair Holdings, LLC Term Loan B, 4.250%, (US0003M + 3.750%), 05/17/28 | 767,582 | 0.2 |
695,000 | | Hunter Fan Company 2021 Term Loan, 5.750%, (US0003M + 5.000%), 04/09/28 | 697,316 | 0.1 |
1,400,580 | | Prime Security Services Borrower, LLC 2021 Term Loan, 3.500%, (US0006M + 2.750%), 09/23/26 | 1,400,726 | 0.3 |
| | | 2,865,624 | 0.6 |
| | | | |
| | Industrial: 0.4% |
1,777,494 | | Charter NEX US, Inc. 2020 Term Loan, 5.250%, (US0001M + 4.250%), 12/01/27 | 1,783,048 | 0.4 |
| | | | |
| | Industrial Equipment: 2.7% |
2,003,021 | | Alliance Laundry Systems LLC Term Loan B, 4.250%, (US0003M + 3.500%), 10/08/27 | 2,007,716 | 0.4 |
1,387,899 | | CPM Holdings, Inc. 2018 1st Lien Term Loan, 3.592%, (US0001M + 3.500%), 11/17/25 | 1,379,919 | 0.3 |
752,740 | | Crown Subsea Communications Holding,Inc. 2021 Term Loan, 5.750%, (US0003M + 5.000%), 04/20/27 | 757,444 | 0.1 |
1,944,859 | | Filtration Group Corporation 2018 1st Lien Term Loan, 3.104%, (US0001M + 3.000%), 03/29/25 | 1,931,975 | 0.4 |
522,169 | | Gardner Denver, Inc. 2020 USD Term Loan B, 2.854%, (US0001M + 2.750%), 03/01/27 | 523,039 | 0.1 |
1,832,370 | | Granite Holdings US Acquisition Co. 2021 Term Loan B, 4.147%, (US0003M + 4.000%), 09/30/26 | 1,834,375 | 0.4 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Industrial Equipment: (continued) |
250,521 | | I-Logic Technologies Bidco Limited 2021 USD Term Loan B, 4.500%, (US0003M + 4.000%), 02/16/28 | $ 251,684 | 0.0 |
1,363,773 | | Kenan Advantage Group, Inc. 2021 Term Loan B1, 4.500%, (US0001M + 3.750%), 03/24/26 | 1,367,524 | 0.3 |
1,285,000 | | Madison IAQ LLC Term Loan, 3.750%, (US0003M + 3.250%), 06/16/28 | 1,287,249 | 0.3 |
1,039,500 | | Star US Bidco LLC Term Loan B, 5.250%, (US0001M + 4.250%), 03/17/27 | 1,040,366 | 0.2 |
1,208,933 | | Vertical Midco GmbH USD Term Loan B, 4.478%, (US0006M + 4.250%), 07/30/27 | 1,212,627 | 0.2 |
| | | 13,593,918 | 2.7 |
| | | | |
| | Insurance: 5.1% |
1,740,495 | | Acrisure, LLC 2020 Term Loan B, 3.604%, (US0003M + 3.500%), 02/15/27 | 1,723,960 | 0.3 |
2,787,601 | | Alera Group Holdings, Inc. 2018 Term Loan B, 4.500%, (US0001M + 4.000%), 08/01/25 | 2,794,570 | 0.6 |
1,101,166 | | Alliant Holdings Intermediate, LLC 2018 Term Loan B, 3.354%, (US0001M + 3.250%), 05/09/25 | 1,091,218 | 0.2 |
365,000 | | Alliant Holdings Intermediate, LLC 2020 Term Loan B3, 4.250%, (US0001M + 3.750%), 10/08/27 | 366,055 | 0.1 |
1,371,776 | | Alliant Holdings Intermediate, LLC Term Loan B, 3.354%, (US0001M + 3.250%), 05/09/25 | 1,359,345 | 0.3 |
1,759,464 | | Applied Systems, Inc. 2017 1st Lien Term Loan, 3.754%, (US0001M + 3.250%), 09/19/24 | 1,758,208 | 0.4 |
252,246 | | Applied Systems, Inc. 2021 2nd Lien Term Loan, 6.250%, (US0003M + 5.500%), 09/19/25 | 256,471 | 0.1 |
1,779,375 | | Aretec Group, Inc. 2018 Term Loan, 4.345%, (US0001M + 4.250%), 10/01/25 | 1,780,857 | 0.4 |
2,804,691 | | AssuredPartners, Inc. 2020 Term Loan B, 3.604%, (US0001M + 3.500%), 02/12/27 | 2,792,670 | 0.6 |
1,024,792 | | CCC Information Services, Inc. 2017 1st Lien Term Loan, 4.000%, (US0001M + 3.000%), 04/29/24 | 1,025,890 | 0.2 |
1,186,110 | | Hub International Limited 2018 Term Loan B, 2.926%, (US0003M + 2.750%), 04/25/25 | 1,174,125 | 0.2 |
1,722,148 | | NFP Corp. 2020 Term Loan, 3.354%, (US0001M + 3.250%), 02/15/27 | 1,700,353 | 0.3 |
58,906 | (1) | OneDigital Borrower LLC 2020 Delayed Draw Term Loan, 4.631%, (US0003M + 4.500%), 11/16/27 | 59,238 | 0.0 |
1,826,094 | | OneDigital Borrower LLC 2020 Term Loan, 5.250%, (US0003M + 4.500%), 11/16/27 | 1,836,366 | 0.4 |
709,638 | | Ryan Specialty Group, LLC Term Loan, 3.750%, (US0001M + 3.000%), 09/01/27 | 710,879 | 0.1 |
1,728,238 | | Sedgwick Claims Management Services, Inc. 2018 Term Loan B, 3.354%, (US0001M + 3.250%), 12/31/25 | 1,711,820 | 0.3 |
994,924 | | Sedgwick Claims Management Services, Inc. 2019 Term Loan B, 3.845%, (US0001M + 3.750%), 09/03/26 | 994,924 | 0.2 |
1,256,085 | | USI, Inc. 2017 Repriced Term Loan, 3.147%, (US0003M + 3.000%), 05/16/24 | 1,246,216 | 0.2 |
957,879 | | USI, Inc. 2019 Incremental Term Loan B, 3.397%, (US0003M + 3.250%), 12/02/26 | 950,438 | 0.2 |
| | | 25,333,603 | 5.1 |
| | | | |
| | Leisure Good/Activities/Movies: 2.8% |
353,129 | | 24 Hour Fitness Worldwide, Inc. 2020 Exit Term Loan, 6.000%, (US0003M + 5.000%), 12/29/25 | 314,064 | 0.1 |
561,574 | | 24 Hour Fitness Worldwide, Inc. 2021 Delayed Draw Term Loan, 15.000%, (US0003M + 14.000%), 08/26/22 | 561,574 | 0.1 |
182,688 | | Alterra Mountain Company 2020 Term Loan B, 5.500%, (US0001M + 4.500%), 08/01/26 | 183,658 | 0.0 |
715,002 | | AMC Entertainment Holdings Inc. 2019 Term Loan B, 3.086%, (US0001M + 3.000%), 04/22/26 | 674,485 | 0.1 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Leisure Good/Activities/Movies: (continued) |
437,800 | | Arches Buyer Inc. 2021 Term Loan B, 3.750%, (US0001M + 3.250%), 12/06/27 | $ 437,435 | 0.1 |
1,732,621 | | ClubCorp Club Operations, Inc. 2017 Incremental Term Loan, 2.897%, (US0003M + 2.750%), 09/18/24 | 1,668,249 | 0.3 |
16,226 | (2) | Crown Finance US, Inc. 2020 Term Loan B1, 7.000% (PIK Rate 8.250%, Cash Rate 7.000%), 05/23/24 | 20,540 | 0.0 |
1,132,163 | | CWGS Group, LLC 2021 Term Loan B, 3.250%, (US0001M + 2.500%), 06/03/28 | 1,124,662 | 0.2 |
1,058,485 | | Fitness International, LLC 2018 Term Loan B, 4.250%, (US0003M + 3.250%), 04/18/25 | 1,014,822 | 0.2 |
430,000 | | Hayward Industries, Inc. 2021 Term Loan, 3.250%, (US0001M + 2.750%), 05/12/28 | 429,731 | 0.1 |
931,981 | | Intrawest Resorts Holdings, Inc. Term Loan B1, 2.854%, (US0001M + 2.750%), 07/31/24 | 923,327 | 0.2 |
490,000 | | MajorDrive Holdings IV LLC Term Loan B, 4.500%, (US0003M + 4.000%), 05/12/28 | 491,301 | 0.1 |
702,299 | | National CineMedia, LLC 2021 Incremental Term Loan, 8.147%, (US0001M + 8.000%), 12/20/24 | 718,101 | 0.2 |
498,734 | | PUG LLC USD Term Loan, 3.604%, (US0001M + 3.500%), 01/29/27 | 488,759 | 0.1 |
370,000 | | RV Retailer, LLC Term Loan B, 4.750%, (US0003M + 4.000%), 02/08/28 | 370,810 | 0.1 |
555,000 | | Samsonite International S.A. 2020 Incremental Term Loan B2, 3.146%, (US0003M + 3.000%), 04/25/25 | 555,694 | 0.1 |
1,770,577 | | Thor Industries, Inc. 2021 USD Term Loan, 3.125%, (US0001M + 3.000%), 02/01/26 | 1,774,451 | 0.4 |
1,608,750 | | WeddingWire, Inc. 1st Lien Term Loan, 4.686%, (US0003M + 4.500%), 12/19/25 | 1,608,750 | 0.3 |
600,000 | | WeddingWire, Inc. 2nd Lien Term Loan, 8.436%, (US0003M + 8.250%), 12/21/26 | 582,000 | 0.1 |
| | | 13,942,413 | 2.8 |
| | | | |
| | Lodging & Casinos: 2.8% |
1,000,000 | | Aimbridge Acquisition Co., Inc. 2020 Incremental Term Loan B, 5.500%, (US0001M + 4.750%), 02/02/26 | 1,001,562 | 0.2 |
1,113,750 | | Aristocrat Leisure Limited 2020 Incremental Term Loan B, 4.750%, (US0003M + 3.750%), 10/19/24 | 1,117,404 | 0.2 |
468,641 | | Caesars Resort Collection, LLC 2017 1st Lien Term Loan B, 2.854%, (US0001M + 2.750%), 12/23/24 | 465,150 | 0.1 |
2,558,784 | | Caesars Resort Collection, LLC 2020 Term Loan B1, 4.604%, (US0001M + 4.500%), 07/21/25 | 2,570,414 | 0.5 |
205,000 | | ECL Entertainment, LLC Term Loan, 8.250%, (US0001M + 7.500%), 03/31/28 | 209,613 | 0.0 |
2,519,656 | | Everi Payments Inc. Term Loan B, 3.500%, (US0003M + 2.750%), 05/09/24 | 2,518,305 | 0.5 |
1,907,586 | | Golden Entertainment, Inc. 2017 1st Lien Term Loan, 3.750%, (US0001M + 3.000%), 10/21/24 | 1,899,837 | 0.4 |
905,000 | | Hilton Grand Vacations Borrower LLC 2021 Term Loan B, 3.131%, (US0003M + 3.000%), 05/20/28 | 906,556 | 0.2 |
380,000 | | J&J Ventures Gaming, LLC Term Loan, 4.750%, (US0001M + 4.000%), 04/07/28 | 381,900 | 0.1 |
634,481 | | Scientific Games International, Inc. 2018 Term Loan B5, 2.854%, (US0001M + 2.750%), 08/14/24 | 630,714 | 0.1 |
1,420,682 | | Stars Group Holdings B.V. (The) 2018 USD Incremental Term Loan, 3.647%, (US0003M + 3.500%), 07/10/25 | 1,425,883 | 0.3 |
755,438 | | The Enterprise Development Authority Term Loan B, 5.000%, (US0003M + 4.250%), 02/18/28 | 759,215 | 0.2 |
| | | 13,886,553 | 2.8 |
| | | | |
| | Mortgage REITs: 0.1% |
76,020 | | BIFM CA Buyer Inc. 2021 Delayed Draw Term Loan, 3.896%, (US0003M + 3.750%), 06/01/26 | 75,771 | 0.0 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Mortgage REITs: (continued) |
667,277 | | BIFM CA Buyer Inc. Term Loan B, 3.601%, (US0001M + 3.500%), 06/01/26 | $ 663,941 | 0.1 |
| | | 739,712 | 0.1 |
| | | | |
| | Nonferrous Metals/Minerals: 0.7% |
1,336,122 | | Covia Holdings Corporation 2020 PIK Take Back Term Loan, 5.000%, (US0003M + 4.000%), 07/31/26 | 1,318,377 | 0.2 |
2,452,920 | | U.S. Silica Company 2018 Term Loan B, 5.000%, (US0001M + 4.000%), 05/01/25 | 2,352,176 | 0.5 |
| | | 3,670,553 | 0.7 |
| | | | |
| | Oil & Gas: 1.4% |
1,342,835 | | Brazos Delaware II, LLC Term Loan B, 4.194%, (US0003M + 4.000%), 05/21/25 | 1,311,503 | 0.3 |
1,847,698 | | Glass Mountain Pipeline Holdings, LLC Term Loan B, 5.500%, (US0003M + 4.500%), 12/23/24 | 485,021 | 0.1 |
947,270 | | HGIM Corp. 2018 Exit Term Loan, 7.000%, (US0003M + 6.000%), 07/02/23 | 687,955 | 0.1 |
865,000 | | ITT Holdings LLC 2021 Term Loan, 2.896%, (US0003M + 2.750%), 07/30/28 | 865,000 | 0.2 |
1,510,512 | | Oryx Midstream Holdings LLC Term Loan B, 4.104%, (US0001M + 4.000%), 05/22/26 | 1,503,431 | 0.3 |
1,000,000 | | Traverse Midstream Partners LLC 2017 Term Loan, 6.500%, (US0001M + 5.500%), 09/27/24 | 1,006,250 | 0.2 |
1,000,000 | | WaterBridge Midstream Operating LLC Term Loan B, 6.750%, (US0006M + 5.750%), 05/29/26 | 961,250 | 0.2 |
| | | 6,820,410 | 1.4 |
| | | | |
| | Publishing: 0.5% |
830,830 | | Alchemy Copyrights, LLC Term Loan B, 3.500%, (US0001M + 3.000%), 03/10/28 | 831,869 | 0.2 |
1,485,000 | | Meredith Corporation 2020 Incremental Term Loan B, 5.250%, (US0003M + 4.250%), 01/31/25 | 1,519,109 | 0.3 |
| | | 2,350,978 | 0.5 |
| | | | |
| | Radio & Television: 2.7% |
1,647,988 | | Clear Channel Outdoor Holdings, Inc. Term Loan B, 3.686%, (US0003M + 3.500%), 08/21/26 | 1,611,166 | 0.3 |
817,655 | | Cumulus Media New Holdings Inc. Term Loan B, 4.750%, (US0003M + 3.750%), 03/31/26 | 819,188 | 0.2 |
2,805,013 | | Diamond Sports Group, LLC Term Loan, 3.360%, (US0001M + 3.250%), 08/24/26 | 1,738,107 | 0.3 |
684,803 | | Entercom Media Corp. 2019 Term Loan, 2.595%, (US0001M + 2.500%), 11/18/24 | 679,667 | 0.1 |
1,703,130 | | iHeartCommunications, Inc. 2020 Term Loan, 3.104%, (US0001M + 3.000%), 05/01/26 | 1,690,887 | 0.3 |
280,000 | | iHeartCommunications, Inc. 2021 Incremental Term Loan B, 3.646%, (US0003M + 3.500%), 05/01/26 | 280,560 | 0.1 |
819,648 | | NASCAR Holdings, Inc Term Loan B, 2.854%, (US0001M + 2.750%), 10/19/26 | 816,984 | 0.2 |
481,153 | | Sinclair Television Group Inc. Term Loan B2B, 2.610%, (US0001M + 2.500%), 09/30/26 | 477,484 | 0.1 |
2,677,416 | | Terrier Media Buyer, Inc. 2021 Term Loan, 3.604%, (US0001M + 3.500%), 12/17/26 | 2,668,120 | 0.5 |
1,356,649 | | Univision Communications Inc. 2020 Term Loan B, 3.854%, (US0001M + 3.750%), 03/15/26 | 1,360,380 | 0.3 |
1,302,214 | | Univision Communications Inc. Term Loan C5, 2.854%, (US0001M + 2.750%), 03/15/24 | 1,301,865 | 0.3 |
| | | 13,444,408 | 2.7 |
| | | | |
| | Retailers (Except Food & Drug): 2.6% |
42,778 | | AI Aqua Merger Sub, Inc. 2021 1st Lien Delayed Draw Term Loan, 4.646%, (US0003M + 4.500%), 06/16/28 | 42,925 | 0.0 |
342,222 | | AI Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B, 4.646%, (US0003M + 4.500%), 06/16/28 | 343,399 | 0.1 |
157,461 | | Belk, Inc. 2021 FLFO Term Loan, 8.500%, (US0003M + 7.500%), 07/31/25 | 158,367 | 0.0 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Retailers (Except Food & Drug): (continued) |
2,000,000 | | Burlington Coat Factory Warehouse Corporation 2021 Term Loan B, 2.146%, (US0003M + 2.000%), 11/15/24 | $ 1,992,500 | 0.4 |
1,615,000 | | CNT Holdings I Corp 2020 Term Loan, 4.500%, (US0003M + 3.750%), 11/08/27 | 1,618,154 | 0.3 |
822,938 | | Franchise Group Intermediate Holdco, LLC 2021 First Out Term Loan B, 5.500%, (US0003M + 4.750%), 03/10/26 | 829,110 | 0.2 |
1,725,675 | | Great Outdoors Group, LLC 2021 Term Loan B, 5.000%, (US0006M + 4.250%), 03/06/28 | 1,738,155 | 0.3 |
2,781,025 | | Harbor Freight Tools USA, Inc. 2020 Term Loan B, 3.750%, (US0001M + 3.000%), 10/19/27 | 2,784,818 | 0.6 |
644,099 | | Leslies Poolmart, Inc. 2021 Term Loan B, 3.250%, (US0001M + 2.750%), 03/04/28 | 642,578 | 0.1 |
623,993 | | Mens Wearhouse, Inc. (The) 2020 Take Back Term Loan, 9.000%, (US0001M + 8.000%), 12/01/25 | 509,334 | 0.1 |
205,704 | | Mens Wearhouse, Inc. (The) 2020 Term Loan, 12.000%, (US0001M + 11.000%), 06/01/25 | 199,533 | 0.0 |
775,000 | | Michaels Companies, Inc. 2021 Term Loan B, 5.000%, (US0003M + 4.250%), 04/15/28 | 779,198 | 0.2 |
837,900 | | Petco Animal Supplies, Inc. 2021 Term Loan B, 4.000%, (US0003M + 3.250%), 03/03/28 | 837,526 | 0.2 |
595,000 | | Tory Burch LLC Term Loan B, 4.000%, (US0001M + 3.500%), 04/14/28 | 594,504 | 0.1 |
| | | 13,070,101 | 2.6 |
| | | | |
| | Surface Transport: 1.3% |
375,000 | | American Trailer World Corp. Term Loan B, 4.500%, (US0001M + 3.750%), 03/03/28 | 374,922 | 0.1 |
1,583,511 | | LaserShip, Inc. 2021 Term Loan, 5.250%, (US0003M + 4.500%), 04/30/28 | 1,586,480 | 0.3 |
1,682,128 | | Navistar International Corporation 2017 1st Lien Term Loan B, 3.600%, (US0003M + 3.500%), 11/06/24 | 1,684,932 | 0.4 |
1,496,250 | | PODS, LLC 2021 Term Loan B, 3.750%, (US0001M + 3.000%), 03/31/28 | 1,495,523 | 0.3 |
1,148,866 | | Savage Enterprises LLC 2020 Term Loan B, 3.110%, (US0001M + 3.000%), 08/01/25 | 1,150,661 | 0.2 |
| | | 6,292,518 �� | 1.3 |
| | | | |
| | Technology: 1.4% |
2,242,803 | | Misys (Finastra) - TL B 1L, 4.500%, (US0006M + 3.500%), 06/13/24 | 2,210,037 | 0.4 |
2,680,000 | | RealPage, Inc. Term Loan B 1L, 3.750%, (US0001M + 3.250%), 04/24/28 | 2,675,645 | 0.5 |
863,486 | | UKG, Inc. - TL 1L, 4.000%, (US0003M + 3.250%), 05/04/26 | 865,105 | 0.2 |
1,399,443 | | Veritas US Inc. 2021 USD Term Loan B, 6.000%, (US0003M + 5.000%), 09/01/25 | 1,412,038 | 0.3 |
| | | 7,162,825 | 1.4 |
| | | | |
| | Telecommunications: 5.2% |
903,006 | | Altice Financing SA 2017 USD Term Loan B, 2.934%, (US0003M + 2.750%), 07/15/25 | 889,380 | 0.2 |
903,634 | | Altice Financing SA USD 2017 1st Lien Term Loan, 2.900%, (US0003M + 2.750%), 01/31/26 | 889,918 | 0.2 |
634,597 | | Altice France S.A. USD Term Loan B11, 2.936%, (US0003M + 2.750%), 07/31/25 | 625,938 | 0.1 |
1,791,624 | | Altice France S.A. USD Term Loan B12, 3.871%, (US0003M + 3.688%), 01/31/26 | 1,780,105 | 0.3 |
1,992,487 | | Asurion LLC 2020 Term Loan B8, 3.354%, (US0001M + 3.250%), 12/23/26 | 1,972,096 | 0.4 |
530,000 | | Asurion LLC 2021 2nd Lien Term Loan B3, 5.354%, (US0001M + 5.250%), 01/31/28 | 535,035 | 0.1 |
497,503 | | Asurion LLC 2021 Term Loan B9, 3.345%, (US0001M + 3.250%), 07/31/27 | 492,425 | 0.1 |
2,047,235 | | Avaya, Inc. 2020 Term Loan B, 4.323%, (US0001M + 4.250%), 12/15/27 | 2,056,922 | 0.4 |
820,323 | | Cablevision Lightpath LLC Term Loan B, 3.750%, (US0001M + 3.250%), 11/30/27 | 821,434 | 0.2 |
Principal Amount† | | Borrower/Tranche Description (continued) | Fair Value | Percentage of Net Assets |
LOANS*: (continued) | |
| | Telecommunications: (continued) |
1,356,600 | | CCI Buyer, Inc. Term Loan, 4.750%, (US0003M + 4.000%), 12/17/27 | $ 1,360,112 | 0.3 |
510,000 | | Cologix, Inc. 2021 Term Loan B, 4.500%, (US0001M + 3.750%), 05/01/28 | 512,550 | 0.1 |
1,795,289 | | CommScope, Inc. 2019 Term Loan B, 3.346%, (US0001M + 3.250%), 04/06/26 | 1,789,679 | 0.3 |
2,404,563 | | Connect Finco Sarl 2021 Term Loan B, 4.500%, (US0001M + 3.500%), 12/11/26 | 2,410,074 | 0.5 |
1,243,750 | | Eagle Broadband Investments LLC Term Loan, 4.000%, (US0003M + 3.000%), 11/12/27 | 1,244,683 | 0.2 |
1,747,784 | | Global Tel*Link Corporation 2018 1st Lien Term Loan, 4.354%, (US0001M + 4.250%), 11/29/25 | 1,619,613 | 0.3 |
1,447,028 | | Global Tel*Link Corporation 2018 2nd Lien Term Loan, 8.354%, (US0001M + 8.250%), 11/29/26 | 1,226,356 | 0.2 |
385,000 | | GOGO Intermediate Holdings LLC Term Loan B, 4.500%, (US0003M + 3.750%), 04/30/28 | 384,519 | 0.1 |
1,821,600 | | Iridium Satellite LLC 2021 Term Loan B, 3.750%, (US0001M + 2.750%), 11/04/26 | 1,826,866 | 0.4 |
487,034 | | Northwest Fiber, LLC 2021 Term Loan, 3.823%, (US0001M + 3.750%), 04/30/27 | 487,764 | 0.1 |
340,000 | | Orbcomm Inc. Term Loan B, 4.396%, (US0003M + 4.250%), 06/17/28 | 339,788 | 0.1 |
1,000,000 | | Syniverse Holdings, Inc. 2018 1st Lien Term Loan, 7.484%, (US0003M + 5.000%), 03/09/23 | 992,292 | 0.2 |
1,477,299 | | Zayo Group Holdings, Inc. USD Term Loan, 3.104%, (US0001M + 3.000%), 03/09/27 | 1,462,833 | 0.3 |
440,000 | | Ziggo Financing Partnership USD Term Loan I, 2.573%, (US0001M + 2.500%), 04/30/28 | 436,272 | 0.1 |
| | | 26,156,654 | 5.2 |
| | | | |
| | Utilities: 0.8% |
2,142,533 | | Nautilus Power, LLC Term Loan B, 5.250%, (US0001M + 4.250%), 05/16/24 | 2,025,587 | 0.4 |
1,600,950 | | Southeast PowerGen, LLC Term Loan B, 4.500%, (US0001M + 3.500%), 12/02/21 | 1,592,946 | 0.3 |
495,000 | | Tiger Acquisition, LLC 2021 Term Loan, 3.750%, (US0003M + 3.250%), 06/01/28 | 494,278 | 0.1 |
| | | 4,112,811 | 0.8 |
| | | | |
| Total Loans | | |
| (Cost $482,725,690) | 481,846,821 | 96.4 |
Shares | | | Value | Percentage of Net Assets |
EQUITIES AND OTHER ASSETS: 1.0% |
408,271 | (6) | 24 Hour Fitness Worldwide, Inc. | 816,542 | 0.2 |
544,388 | (6) | 24 Hour Fitness Worldwide, Inc. - Preferred | 1,429,018 | 0.3 |
50,201 | (6) | Cineworld Group PLC | 31,944 | 0.0 |
132,618 | (6) | Covia Specialty Minerals, Inc. | 1,193,562 | 0.2 |
69,381 | (6) | Cumulus Media, Inc. Class-A | 1,016,431 | 0.2 |
3,799 | (6) | Harvey Gulf International Marine LLC | 10,447 | 0.0 |
8,527 | (6) | Harvey Gulf International Marine LLC - Warrants | 23,450 | 0.0 |
7,471 | (6) | iQor | 100,209 | 0.0 |
102,480 | (6) | Longview Power LLC | 204,960 | 0.1 |
11,573 | (6) | Mens Wearhouse, Inc. | 15,276 | 0.0 |
88,701 | (6),(7) | Save-A-Lot, Inc. / Moran Foods | – | 0.0 |
42,856 | (6) | The Oneida Group (formerly EveryWare Global, Inc.) | 429 | 0.0 |
| Total Equities and Other Assets | | |
| (Cost $4,904,047) | 4,842,268 | 1.0 |
| | | |
| Total Long-Term Investments | | |
| (Cost $487,629,737) | 486,689,089 | 97.4 |
| | | |
SHORT-TERM INVESTMENTS: 8.0% |
| | Mutual Funds: 8.0% |
39,991,989 | (8) | State Street Institutional Liquid Reserves Fund - Premier Class, 0.050% (Cost $40,002,486) | 40,003,986 | 8.0 |
| | | | |
| Total Short-Term Investments | | |
| (Cost $40,002,486) | 40,003,986 | 8.0 |
| | | |
| Total Investments (Cost $527,632,223) | $ 526,693,075 | 105.4 |
| Liabilities in Excess of Other Assets | (27,043,115) | | (5.4) |
| Net Assets | $ 499,649,960 | | 100.0 |
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The following is a summary of the fair valuations according to the inputs used as of June 30, 2021 in valuing the assets and liabilities:
At June 30, 2021, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:
Cost for federal income tax purposes was $527,984,335.