XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) NPORT-P XAI Octagon Floating Rate & Alternative Income Term Trust (Jun 2021 report)

XAI Octagon Floating Rate & Alternative Income Term Trust

Schedule of Investments

June 30, 2021 (Unaudited)      

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
COLLATERALIZED LOAN OBLIGATIONS DEBT(b)(c)- 16.40%* (9.82% of Total Investments)
Anchorage Capital CLO 13 LLC, CLO 2021-13A, ER(d)		6.90	%	3M US L + 6.70%		04/15/2034	$	1,500,000	$	1,500,041
Anchorage Capital Clo 17, Ltd., CLO 2021-17A, E(d)		7.01	%	3M US L + 6.86%		07/15/2034		1,250,000		1,237,500
Apidos CLO XXVII, CLO 2017-27A, D(d)		6.59	%	3M US L + 6.40%		07/17/2030		375,000		370,675
Apidos CLO XXXII, CLO 2020-32A, E(d)		6.94	%	3M US L + 6.75%		01/20/2033		250,000		250,203
Atrium IX, CLO 2017-9A, ER(d)		6.59	%	3M US L + 6.45%		05/28/2030		900,000		886,261
Atrium XIV LLC, CLO 2018-14A, E(d)		5.83	%	3M US L + 5.65%		08/23/2030		500,000		493,337
Battalion CLO, Ltd., CLO 2021-21A, E(d)		6.46	%	3M US L + 6.46%		07/15/2034		1,000,000		990,000
Carlyle US CLO, Ltd., CLO 2020-4A, D(d)		7.83	%	3M US L + 7.65%		01/15/2033		600,000		602,233
CIFC Funding 2015-I, Ltd., CLO 2015-1A, ERR(d)		6.18	%	3M US L + 6.00%		01/22/2031		500,000		489,510
CIFC Funding 2019-VI, Ltd., CLO 2019-6A, E(d)		7.58	%	3M US L + 7.40%		01/16/2033		500,000		502,300
HPS Loan Management, Ltd., CLO 2017-11A, F(d)		8.03	%	3M US L + 7.85%		05/06/2030		1,000,000		898,478
Kayne CLO 11, Ltd., CLO 2021-11A, E(d)		6.42	%	3M US L + 6.25%		04/15/2034		1,300,000		1,299,737
Madison Park Funding XLVIII, Ltd., CLO 2021-48A, E(d)		6.39	%	3M US L + 6.25%		04/19/2033		500,000		500,023
Madison Park Funding XVII, Ltd., CLO 2015-17A, FR(d)		7.67	%	3M US L + 7.48%		07/21/2030		1,000,000		928,612
Madison Park Funding XXXVI, Ltd., CLO 2019-36A, E(d)		7.43	%	3M US L + 7.25%		01/15/2033		250,000		250,930
Magnetite XXIV, Ltd., CLO 2019-24A, E(d)		7.13	%	3M US L + 6.95%		01/15/2033		500,000		500,993
Neuberger Berman Loan Advisers CLO 24, Ltd., CLO 2017-24A, E(d)		6.21	%	3M US L + 6.02%		04/19/2030		1,000,000		997,558
OHA Credit Funding 2, Ltd., CLO 2021-2A, ER(d)		6.55	%	3M US L + 6.36%		04/21/2034		1,000,000		1,000,026
OHA Credit Funding 5, Ltd., CLO 2020-5A, E(d)		6.44	%	3M US L + 6.25%		04/18/2033		1,000,000		1,000,025
OHA Credit Funding 9, Ltd., CLO 2021-9A, E(d)		6.43	%	3M US L + 6.25%		07/19/2035		1,000,000		999,939
Regatta VII Funding, Ltd., CLO 2021-1A, ER2(d)		6.53	%	3M US L + 6.40%		06/20/2034		1,000,000		992,500
Regatta VIII Funding, Ltd., CLO 2017-1A, E(d)		6.29	%	3M US L + 6.10%		10/17/2030		500,000		498,762
Regatta XIV Funding, Ltd., CLO 2018-3A, E(d)		6.13	%	3M US L + 5.95%		10/25/2031		750,000		739,649
Regatta XVI Funding, Ltd., CLO 2019-2A, E(d)		7.18	%	3M US L + 7.00%		01/15/2033		1,000,000		1,002,308
Sound Point CLO II, Ltd., CLO 2013-1A, B2R(d)		5.68	%	3M US L + 5.50%		01/26/2031		250,000		229,647
Sound Point CLO XVIII, Ltd., CLO 2017-4A, D(d)		5.69	%	3M US L + 5.50%		01/20/2031		500,000		463,878
SYMP 2019-21A ER, CLO 2019-21A ER		6.60	%	3M US L + 6.60%		07/15/2032		1,000,000		1,000,000
Symphony CLO XXI, Ltd., CLO 2019-21A, E(d)		6.93	%	3M US L + 6.75%		07/15/2032		1,000,000		1,000,083
Symphony CLO XXIV, Ltd., CLO 2021-24A, E(d)		7.23	%	3M US L + 7.00%		01/23/2032		1,000,000		1,002,272
Symphony CLO XXV, Ltd., CLO 2021-25A, E(d)		6.69	%	3M US L + 6.50%		04/19/2034		1,500,000		1,499,473
THL Credit Wind River CLO, Ltd., CLO 2017-4A, E(d)		5.96	%	3M US L + 5.80%		11/20/2030		500,000		496,553
THL Credit Wind River CLO, Ltd., CLO 2021-1A, EE(d)		7.25	%	3M US L + 7.06%		04/18/2036		1,500,000		1,502,480
Voya CLO, Ltd., CLO 2020-3A, E(d)		6.47	%	3M US L + 6.28%		10/20/2031		2,000,000		2,000,026
Total Collateralized Loan Obligations Debt (Cost $27,999,654)							$	28,425,000	$	28,126,012
COLLATERALIZED LOAN OBLIGATIONS EQUITY(c)(e)- 66.37%* (39.74% of Total Investments)
ALM 2020, Ltd., CLO 2020-1A, SUB(d)		N/A		Estimated yield of 16.70%		10/15/2029		5,000,000		4,693,500
Anchorage Capital CLO 18, Ltd., CLO 2021-18A, SUB(d)		N/A		Estimated yield of 13.74%		04/14/2034		850,000		720,134
Anchorage Capital CLO 1-R, Ltd., CLO 2018-1RA, SUB(d)		N/A		Estimated yield of 15.78%		04/13/2031		4,150,000		2,950,700
Anchorage Capital CLO 3-R, Ltd., CLO 2014-3RA, SUB(d)		N/A		Estimated yield of 15.65%		01/28/2031		1,400,000		1,063,804
Anchorage Capital CLO 4-R, Ltd., CLO 2018-4RA, SUB(d)		N/A		Estimated yield of 16.04%		01/28/2031		3,000,000		2,134,056
Anchorage Capital CLO 7, Ltd., CLO 2015-7A, SUBA(d)		N/A		Estimated yield of 31.83%		01/28/2031		1,750,000		1,055,061
Anchorage Capital CLO 9, Ltd., CLO 2016-9A, SUB(d)		N/A		Estimated yield of 18.28%		07/15/2032		2,500,000		1,249,365
Apidos CLO XXVII, CLO 2017-27A, SUB(d)		N/A		Estimated yield of 5.61%		07/17/2030		1,300,000		631,314
Apidos CLO XXVIII, CLO 2017-28A, SUB(d)		N/A		Estimated yield of 6.05%		01/20/2031		3,500,000		1,911,238
ARES LI CLO, Ltd., CLO 2019-51A, INC(d)		N/A		Estimated yield of 17.57%		04/15/2031		1,699,959		1,083,843
ARES LI CLO, Ltd., CLO 2019-51A, SUB(d)		N/A		Estimated yield of 17.57%		04/15/2031		2,300,041		1,466,437
Battalion Clo XV, Ltd., CLO 2020-15A, SUB(d)		N/A		Estimated yield of 19.30%		01/17/2033		4,500,000		4,241,025
Battalion Clo XVI, Ltd., CLO 2019-16A, SUB(d)		N/A		Estimated yield of 16.18%		12/19/2032		3,500,000		3,207,589

			Reference Rate	Maturity		Principal
	Coupon(a)		& Spread	Date		Amount		Value
COLLATERALIZED LOAN OBLIGATIONS EQUITY(c)(e) (continued)
Carbone Clo, Ltd., CLO 2017-1A, SUB(d)		N/A	Estimated yield of 18.49%		01/20/2031	$	7,850,000	$	5,147,983
Carlyle Global Market Strategies, CLO 2021-5A, SUB(d)		N/A	Estimated yield of 0.00%		07/20/2034		4,000,000		3,496,800
Carlyle Global Market Strategies CLO, Ltd., CLO 2013-1A, SUB(d)		N/A	Estimated yield of 5.97%		08/14/2030		3,500,000		1,529,055
Carlyle US CLO, Ltd., CLO 2020-4A, SUBA(d)		N/A	Estimated yield of 16.50%		01/15/2033		4,000,000		3,049,080
Carlyle US CLO, Ltd., CLO 2018-2A, SUB(d)		N/A	Estimated yield of 12.40%		10/15/2031		933,000		630,870
Catamaran CLO, Ltd., CLO 2015-1A, SUB(d)		N/A	Estimated yield of 0.00%		04/22/2027		750,000		63,225
CIFC Funding 2017-III, Ltd., CLO 2017-3A, SUB(d)		N/A	Estimated yield of 9.98%		07/30/2030		1,400,000		837,974
CIFC Funding 2017-V, Ltd., CLO 2017-5A, SUB(d)		N/A	Estimated yield of 11.38%		11/16/2030		4,500,000		2,770,821
CIFC Funding 2018-I, Ltd., CLO 2018-1A, SUB(d)		N/A	Estimated yield of 12.83%		04/18/2031		3,250,000		2,491,466
CIFC Funding 2018-III, Ltd., CLO 2018-3A, SUB(d)		N/A	Estimated yield of 17.92%		07/18/2031		3,000,000		1,906,995
CIFC Funding 2019-III, Ltd., CLO 2019-3A, SUB(d)		N/A	Estimated yield of 12.15%		07/16/2032		750,000		566,199
CIFC Funding 2019-V, Ltd., CLO 2019-5A, INC(d)		N/A	Estimated yield of 13.01%		10/15/2032		2,500,000		2,135,000
CIFC Funding 2020-II, Ltd., CLO 2020-2A, INC(d)		N/A	Estimated yield of 18.02%		08/24/2032		1,000,000		1,001,271
CIFC Funding 2020-III, Ltd., CLO 2020-3A, SUB(d)		N/A	Estimated yield of 15.97%		10/20/2031		150,000		150,749
CIFC Funding 2021-II, CLO 2021-2A, SUB(d)		N/A	Estimated yield of 16.31%		04/15/2034		4,000,000		3,668,104
Dryden Senior Loan Fund, CLO 2021-87A, SUB(d)		N/A	Estimated yield of 0.00%		05/20/2034		2,000,000		1,800,000
Invesco CLO, Ltd., CLO 2021-1A, SUB(d)		N/A	Estimated yield of 16.90%		04/15/2034		3,000,000		2,661,789
Invesco CLO, Ltd., CLO 2021-2A, SUB(d)(j)		N/A	Estimated yield of 10.13%		07/15/2034		5,000,000		4,379,780
Madison Park Funding XVIII, Ltd., CLO 2015-18A, SUB(d)		N/A	Estimated yield of 7.71%		10/21/2027		4,000,000		2,299,268
Madison Park Funding XX, Ltd., CLO 2016-20A, SUB(d)		N/A	Estimated yield of 21.97%		07/27/2030		1,740,000		1,258,532
Madison Park Funding XXIX, Ltd., CLO 2018-29A, SUB(d)		N/A	Estimated yield of 16.38%		10/18/2047		3,750,000		2,650,834
Madison Park Funding XXVIII, Ltd., CLO 2018-28A, SUB(d)		N/A	Estimated yield of 17.80%		07/15/2030		5,000,000		3,803,030
Madison Park Funding XXXVII, Ltd., CLO 2019-37A, SUB(d)		N/A	Estimated yield of 17.34%		07/15/2032		5,500,000		4,862,979
Niagara Park Clo, Ltd., CLO 2019-1A, SUB(d)		N/A	Estimated yield of 16.90%		07/17/2032		2,648,000		2,100,367
Oak Hill Credit Partners X-R, Ltd., CLO 2014-10RA, SUB(d)		N/A	Estimated yield of 16.12%		04/20/2034		6,673,000		3,392,927
OHA Credit Partners XI, Ltd., CLO 2015-11A, SUB(d)		N/A	Estimated yield of 16.37%		01/20/2032		2,750,000		1,855,928
OHA Credit Partners XII, Ltd., CLO 2016-12A, SUB(d)		N/A	Estimated yield of 19.86%		07/23/2030		1,500,000		1,172,969
Recette Clo, Ltd., CLO 2015-1A, SUB(d)(j)		N/A	Estimated yield of 17.41%		04/20/2034		10,400,000		5,846,974
Rockland Park CLO, Ltd., CLO 2021-1A, SUB(d)(j)		N/A	Estimated yield of 12.54%		04/20/2034		5,000,000		4,389,512
Sixth Street CLO XVII, Ltd., CLO 2021-17A, SUB(d)		N/A	Estimated yield of 11.21%		01/20/2034		1,100,000		997,099
Sound Point CLO III, Ltd., CLO 2017-3A, SUB(d)		N/A	Estimated yield of 7.22%		10/20/2030		1,500,000		875,286
Sound Point CLO VI-R, Ltd., CLO 2014-2RA, SUB(d)		N/A	Estimated yield of 5.82%		10/20/2031		2,000,000		443,836
Thacher Park CLO, Ltd., CLO 2014-1A, SUB(d)		N/A	Estimated yield of 0.00%		10/20/2026		6,000,000		140,400
THL Credit Wind River CLO, Ltd., CLO 2018-3A, SUB(d)		N/A	Estimated yield of 19.65%		01/20/2031		3,000,000		2,403,900
THL Credit Wind River CLO, Ltd., CLO 2018-2A, SUB(d)		N/A	Estimated yield of 14.50%		07/15/2030		3,031,000		2,156,541
Webster Park CLO, Ltd., CLO 2016-1A, SUB(d)		N/A	Estimated yield of 15.57%		07/20/2030		9,000,400		6,420,480
Wind River CLO, Ltd., CLO 2016-1A, SUB(d)		N/A	Estimated yield of 18.95%		07/15/2028		4,000,000		2,106,384
Total Collateralized Loan Obligations Equity (Cost $118,228,415)						$	186,525,400	$	113,872,473

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
CORPORATE BONDS - 3.89%* (2.33% of Total Investments)
Automobiles - 0.48% (0.29% of Total Investments)
Ford Motor Co., Senior Unsecured		9.00	%	N/A		04/22/2025		467,000		575,750
Ford Motor Co., Senior Unsecured		9.63	%	N/A		04/22/2030		116,000		167,214
Real Hero Merger Sub 2, Inc., Senior Unsecured(d)		6.25	%	N/A		02/01/2029		80,000		83,100
Total Automobiles								663,000		826,064
Chemicals - 0.26% (0.15% of Total Investments)
Herens Holdco Sarl, Senior Secured(d)		4.75	%	N/A		05/15/2028		444,000		442,735

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
CORPORATE BONDS (continued)
Diversified Financial Services - 0.20% (0.12% of Total Investments)
Compass Group Diversified Holdings LLC, Senior Unsecured(d)		5.25	%	N/A		04/15/2029	$	333,000	$	346,736
Diversified Telecommunication Services - 0.67% (0.40% of Total Investments)
Consolidated Communications, Inc., Senior Secured(d)		5.00	%	N/A		10/02/2028		1,125,000		1,144,687
Hotels, Restaurants & Leisure - 0.89% (0.53% of Total Investments)
CEC Entertainment LLC, Senior Secured(d)		6.75	%	N/A		05/01/2026		470,000		482,725
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc, Senior Unsecured(d)		5.00	%	N/A		06/01/2029		529,000		540,902
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc, Senior Unsecured(d)		4.88	%	N/A		07/01/2031		500,000		499,313
Total Hotels, Restaurants & Leisure								1,499,000		1,522,940
Industrial Conglomerates - 0.45% (0.27% of Total Investments)
Madison IAQ LLC, Senior Secured(d)		4.13	%	N/A		06/30/2028		225,000		227,250
MajorDrive Holdings IV LLC, Senior Unsecured(d)		6.38	%	N/A		06/01/2029		545,000		543,978
Total Industrial Conglomerates								770,000		771,228
IT Services - 0.21% (0.13% of Total Investments)
Avaya, Inc., Senior Secured(d)		6.13	%	N/A		09/15/2028		345,000		368,857
Media - 0.38% (0.23% of Total Investments)
Audacy Capital Corp., Senior Secured(d)		6.75	%	N/A		03/31/2029		390,000		405,846
Clear Channel Outdoor Holdings, Inc., Senior Unsecured(d)		7.75	%	N/A		04/17/2028		100,000		104,752
Univision Communications, Inc., Senior Secured(d)		4.50	%	N/A		05/01/2029		136,000		137,070
Total Media								626,000		647,668
Pharmaceuticals - 0.16% (0.09% of Total Investments)
Bausch Health Cos., Inc., Senior Secured(d)		4.88	%	N/A		06/01/2028		260,000		266,074
Transportation Infrastructure - 0.19% (0.12% of Total Investments)
Uber Technologies, Inc., Senior Unsecured(d)		6.25	%	N/A		01/15/2028		305,000		329,043
Total Corporate Bonds (Cost $6,370,000)							$	6,370,000	$	6,666,032

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SECURED SECOND LIEN LOANS(b) - 2.77%* (1.66% of Total Investments)
Aerospace & Defense - 0.05% (0.03% of Total Investments)
New Constellis Borrower LLC, B		12.00	%	1M US L + 11.00%		03/27/2025		107,755		88,359
Air Freight & Logistics - 0.22% (0.13% of Total Investments)
LaserShip, Inc., Initial		8.25	%	3M US L + 7.50%		05/07/2029		372,549		371,618
Building Products - 0.10% (0.06% of Total Investments)
Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands), Initial 2nd Lien Term Loan		6.85	%	1M US L + 6.75%		06/30/2029		169,492		167,797
Commercial Services & Supplies - 0.38% (0.23% of Total Investments)
AVSC Holding Corp., Initial		8.25	%	3M US L + 7.25%		09/01/2025		805,556		648,472

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SECURED SECOND LIEN LOANS(b) (continued)
Communications Equipment - 0.17% (0.10% of Total Investments)
Global Tel*Link Corp., 2nd Lien		8.35	%	1M US L + 8.25%		11/29/2026	$	347,222	$	293,403
Construction & Engineering - 0.17% (0.10% of Total Investments)
DG Investment Intermediate Holdings 2, Inc., 2nd Lien		7.50	%	1M US L + 6.75%		03/30/2029		292,804		291,706
Diversified Consumer Services - 0.38% (0.23% of Total Investments)
Travelport Finance S.à.r.l., Initial		6.38	%	3M US L + 6.25%		05/29/2026		578,537		526,833
TruGreen LP, Initial		9.25	%	3M US L + 8.50%		11/02/2028		125,392		127,900
Total Diversified Consumer Services								703,929		654,733
Diversified Financial Services - 0.36% (0.22% of Total Investments)
Edelman Financial Center LLC, Initial		6.85	%	1M US L + 6.75%		07/20/2026		626,984		628,815
Diversified Telecommunication Services - 0.02% (0.01% of Total Investments)
GTT Communications, Inc., Closing Date U.S.		2.90	%	3M US L + 2.75%		05/31/2025		45,188		35,495
Electronic Equipment, Instruments & Components - 0.04% (0.02% of Total Investments)
Infinite Bidco LLC, Initial		7.50	%	1M US L + 7.00%		03/02/2029		69,869		70,218
Health Care Providers & Services - 0.08% (0.05% of Total Investments)
Verscend Holding Corp., Initial		7.50	%	1M US L + 7.00%		04/02/2029		135,802		137,160
Software - 0.80% (0.48% of Total Investments)
DCert Buyer, Inc., First Amendment Refinancing		7.10	%	1M US L + 7.00%		02/19/2029		156,627		157,704
EagleView Technology Corp., Term Loan 2nd Lien		8.50	%	3M US L + 7.50%		08/14/2026		198,167		194,535
MH Sub I LLC, 2021 Replacement		6.35	%	1M US L + 6.25%		02/23/2029		1,000,000		1,014,380
Total Software								1,354,794		1,366,619
Total Secured Second Lien Loans (Cost $4,968,834)							$	5,031,944	$	4,754,395
SENIOR SECURED FIRST LIEN LOANS(b) - 71.31%* (42.70% of Total Investments)
Aerospace & Defense - 1.52% (0.91% of Total Investments)
Amentum Government Services Holdings LLC, Tranche 2		5.50	%	3M US L + 4.75%		01/29/2027		1,331,096		1,340,666
Constellis Holdings LLC, Priority		8.50	%	1M US L + 7.50%		03/27/2024		119,765		118,168
Peraton Corp., B		4.50	%	1M US L + 3.75%		02/01/2028		1,138,732		1,141,101
Total Aerospace & Defense								2,589,593		2,599,935
Air Freight & Logistics - 0.55% (0.33% of Total Investments)
Atlantic Aviation FBO, Inc., B		3.86	%	1M US L + 3.75%		12/06/2025		746,173		745,241
LaserShip, Inc., Initial		5.25	%	3M US L + 4.50%		05/07/2028		203,211		202,957
Total Air Freight & Logistics								949,384		948,198
Airlines - 0.72% (0.43% of Total Investments)
Allegiant Travel Company, Replacement		3.16	%	3M US L + 3.00%		02/05/2024		383,921		381,329
United AirLines, Inc., Class B		4.50	%	3M US L + 3.75%		04/21/2028		838,036		848,277
Total Airlines								1,221,957		1,229,606
Auto Components - 1.52% (0.91% of Total Investments)
Dealer Tire LLC, B-1		4.35	%	1M US L + 4.25%		12/12/2025		1,116,123		1,115,564
First Brands Group, LLC, Refinanced		6.00	%	1M US L + 5.00%		03/30/2027		99,941		100,982
IXS Holdings, Inc., Initial		5.00	%	3M US L + 4.25%		03/05/2027		863,362		864,442
LS Group Opco Acquisition LLC, Initial		4.25	%	6M US L + 3.50%		11/02/2027		327,273		326,864

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Auto Components (continued)
LTR Intermediate Holdings, Inc., Initial		5.50	%	3M US L + 4.50%		05/05/2028	$	208,216	$	206,394
Total Auto Components								2,614,915		2,614,246
Automobiles - 0.91% (0.54% of Total Investments)
RVR Dealership Holdings LLC, B		4.75	%	3M US L + 4.00%		02/08/2028		480,237		481,438
Truck Hero, Inc., Initial		4.50	%	1M US L + 3.75%		01/31/2028		1,079,864		1,079,323
Total Automobiles								1,560,101		1,560,761
Beverages - 0.33% (0.20% of Total Investments)
Triton Water Holdings, Inc., Initial		4.00	%	3M US L + 3.50%		03/31/2028		568,595		567,805
Building Products - 1.80% (1.08% of Total Investments)
AI Aqua Merger Sub, Inc.
B(f)		N/A		L + 4.00%		06/16/2028		520,712		522,013
Delayed Draw(f)		N/A		L + 4.00%		06/16/2028		32,544		32,626
Cornerstone Building Brands, Inc., Tranche B		3.75	%	1M US L + 3.25%		04/12/2028		388,314		387,732
Foundation Building Materials, Inc., Initial		3.75	%	3M US L + 3.25%		01/31/2028		226,171		224,570
Kodiak BP LLC, Initial		4.00	%	3M US L + 3.25%		03/12/2028		246,152		245,613
Park River Holdings, Inc., Initial		4.00	%	3M US L + 3.25%		12/28/2027		96,313		95,726
QUIKRETE Holdings, Inc., B-1 Fourth Amendment(f)		N/A		L + 3.00%		05/12/2028		877,869		870,460
Visual Comfort Group, Inc. (fka VC GB Holdings, Inc.)(aka Visual Comfort Generation Brands), Initial 1st Lien Term Loan		3.60	%	1M US L + 3.50%		06/30/2028		324,675		323,052
White Cap Buyer LLC, Initial Closing Date		4.50	%	3M US L + 4.00%		10/19/2027		221,451		221,728
Wilsonart LLC, Tranche E		4.50	%	3M US L + 3.50%		12/31/2026		168,369		168,279
Total Building Products								3,102,570		3,091,799
Capital Markets - 0.65% (0.39% of Total Investments)
Hudson River Trading LLC, Term Loan		3.10	%	1M US L + 3.00%		03/20/2028		1,124,216		1,119,764
Chemicals - 1.12% (0.67% of Total Investments)
Ascend Performance Materials Operations LLC, 2021 Refinancing		5.50	%	3M US L + 4.75%		08/27/2026		688,916		698,141
CPC Acquisition Corp., Initial		4.50	%	3M US L + 3.75%		12/29/2027		134,367		133,990
Herens Holdco Sarl, B(f)		N/A		L + 4.00%		04/28/2028		385,716		385,924
INEOS Enterprises Holdings, Ltd., Refinancing Tranche B Dollar		4.50	%	3M US L + 3.50%		08/28/2026		216,018		216,467
INEOS Styrolution Group GmbH, 2026 Tranche B Dollar		3.25	%	1M US L + 2.75%		01/29/2026		128,261		127,820
Innovative Water Care Global Corp., Initial		6.00	%	3M US L + 5.00%		02/27/2026		220,762		218,444
Lummus Technology Holdings V LLC, 2021 Refinancing B		3.60	%	1M US L + 3.50%		06/30/2027		52,528		52,181
Sparta U.S. HoldCo LLC, Initial Term Loans(f)		N/A		L + 3.50%		04/28/2028		91,471		91,499
Total Chemicals								1,918,039		1,924,466
Commercial Services & Supplies - 1.47% (0.88% of Total Investments)
Allied Universal Holdco LLC, Initial U.S. Dollar		4.25	%	3M US L + 3.75%		05/12/2028		164,968		165,380
Ankura Consulting Group LLC, Closing Date		5.25	%	1M US L + 4.50%		03/17/2028		179,196		179,533
Belfor Holdings, Inc., Initial		3.85	%	1M US L + 3.75%		04/06/2026		640,059		639,259
Divisions Holding Corp., B		5.50	%	3M US L + 4.75%		05/27/2028		1,136,779		1,133,937
First Advantage Holdings LLC, B-1		3.10	%	1M US L + 3.00%		01/31/2027		59,760		59,443
Harland Clarke Holdings Corp., Initial		5.75	%	3M US L + 4.75%		11/03/2023		387,282		345,893
Total Commercial Services & Supplies								2,568,044		2,523,445
Communications Equipment - 1.29% (0.77% of Total Investments)
Casa Systems, Inc., Initial		5.00	%	3M US L + 4.00%		12/20/2023		914,242		907,385

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Communications Equipment (continued)
CCI Buyer, Inc., Initial		4.75	%	3M US L + 4.00%		12/17/2027	$	140,077	$	140,227
Global Tel*Link Corp., 2018		4.35	%	1M US L + 4.25%		11/29/2025		449,203		411,722
Gogo Intermediate Holdings LLC, Initial		4.50	%	3M US L + 3.75%		04/30/2028		608,051		606,531
MLN US HoldCo LLC, B		4.59	%	1M US L + 4.50%		11/30/2025		169,287		154,624
Total Communications Equipment								2,280,860		2,220,489
Construction & Engineering - 0.26% (0.15% of Total Investments)
DG Investment Intermediate Holdings 2, Inc.
Delayed Draw(g)		4.32	%	1M US L + 3.75%		03/31/2028		22,730		22,817
Initial		4.50	%	1M US L + 3.75%		03/31/2028		142,811		143,228
TRC Companies, Inc., Refinancing		5.25	%	1M US L + 4.50%		06/21/2024		277,525		277,525
Total Construction & Engineering								443,066		443,570
Construction Materials - 0.48% (0.29% of Total Investments)
Schweitzer-Mauduit International, Inc., B		4.50	%	1M US L + 3.75%		02/09/2028		837,066		824,510
Containers & Packaging - 1.04% (0.62% of Total Investments)
Kleopatra Finco S.a r.l., Facility B		5.25	%	3M US L + 4.75%		02/12/2026		683,201		686,617
Pregis TopCo LLC, Initial		4.10	%	1M US L + 4.00%		07/31/2026		298,180		297,881
Pretium PKG Holdings, Inc., Initial		4.75	%	3M US L + 4.00%		11/05/2027		227,776		228,117
ProAmpac PG Borrower LLC, 2020-1		4.50	%	3M US L + 3.75%		11/03/2025		91,703		91,543
Sabert Corp., Initial		5.50	%	1M US L + 4.50%		12/10/2026		481,063		480,163
Total Containers & Packaging								1,781,923		1,784,321
Distributors - 0.38% (0.23% of Total Investments)
BCPE Empire Holdings, Inc., Amendment No. 1		5.00	%	1M US L + 4.25%		06/11/2026		94,762		94,802
Ingram Micro, Inc., Initial(f)		N/A		L + 3.50%		06/30/2028		550,232		550,920
Total Distributors								644,994		645,722
Diversified Consumer Services - 4.43% (2.65% of Total Investments)
AAdvantage Loyality IP, Ltd., Initial		5.50	%	3M US L + 4.75%		04/20/2028		258,469		269,260
KUEHG Corp, B-3		4.75	%	3M US L + 3.75%		02/21/2025		1,494,226		1,469,168
Learning Care Group No. 2, Inc., 2020 Incremental		9.50	%	3M US L + 8.50%		03/13/2025		389,012		390,957
Mileage Plus Holdings LLC, Initial		6.25	%	3M US L + 5.25%		06/21/2027		376,743		402,045
Pug LLC, B-1		8.75	%	1M US L + 8.00%		02/12/2027		530,872		537,508
SkyMiles IP, Ltd., Initial		4.75	%	3M US L + 3.75%		10/20/2027		95,123		100,420
Sotheby's, 2021 Refinancing		5.50	%	3M US L + 4.75%		01/15/2027		420,930		422,858
Spin Holdco, Inc., Initial		4.75	%	3M US L + 4.00%		03/04/2028		1,446,375		1,446,563
St. George's University Scholastic Services LLC (St. George's University Scholastic Services LLC), Initial Term Loans(f)		N/A		L + 3.25%		06/29/2028		73,202		73,019
Staples, Inc., 2019 Refinancing New B-1		5.18	%	3M US L + 5.00%		04/16/2026		977,775		951,502
Travelport Finance S.a r.l., Initial (Priority)		7.25	%	3M US L + 6.25%		02/28/2025		770,867		807,622
TruGreen LP, Second Refinancing		4.75	%	1M US L + 4.00%		11/02/2027		182,830		183,424
WeddingWire, Inc., Initial		4.69	%	3M US L + 4.50%		12/19/2025		501,542		500,604
WW International, Inc., Initial		4.00	%	1M US L + 3.50%		04/13/2028		51,415		51,544
Total Diversified Consumer Services								7,569,381		7,606,494
Diversified Financial Services - 1.74% (1.04% of Total Investments)
Edelman Financial Center LLC, Initial (2021)		4.50	%	1M US L + 3.75%		04/07/2028		430,528		430,825
Focus Financial Partners LLC
Delayed(f)		N/A		L + 2.50%		06/23/2028		89,373		89,038
Term Loan(f)		N/A		L + 2.50%		06/23/2028		387,285		385,832
HighTower Holding LLC, Initial(g)		4.75	%	3M US L + 4.00%		04/21/2028		216,866		217,204

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Diversified Financial Services (continued)
Nexus Buyer LLC, B		3.84	%	1M US L + 3.75%		11/09/2026	$	351,423	$	350,418
Orion Advisor Solutions, Inc., 2021 Refinancing		4.50	%	3M US L + 3.75%		09/24/2027		39,701		39,721
VeriFone Systems, Inc., Initial		4.15	%	3M US L + 4.00%		08/20/2025		1,495,007		1,467,917
Total Diversified Financial Services								3,010,183		2,980,955
Diversified Telecommunication Services - 2.52% (1.51% of Total Investments)
Altice France S.A., USD TLB-13 Incremental		4.15	%	3M US L + 4.00%		08/14/2026		1,046,465		1,043,660
Consolidated Communications, Inc., B-1		4.25	%	1M US L + 3.50%		10/02/2027		700,484		701,359
GTT Communications B.V.
Delayed Draw		9.00	%	1M US L + 8.00%		12/28/2021		6,325		6,377
Priming Facility		9.00	%	1M US L + 8.00%		12/28/2021		3,631		3,660
LCPR Loan Financing LLC, 2021 Additional		3.82	%	1M US L + 3.75%		10/16/2028		583,258		583,625
MetroNet Systems Holdings LLC, 2021(g)		4.50	%	3M US L + 3.75%		06/02/2028		89,709		89,659
Northwest Fiber LLC, B-2		3.82	%	1M US L + 3.75%		04/30/2027		137,097		137,028
Sorenson Communications LLC, 2021		6.25	%	3M US L + 5.50%		03/17/2026		213,214		214,613
Syniverse Holdings, Inc., Tranche C		6.00	%	3M US L + 5.00%		03/09/2023		609,214		602,592
Voyage US LLC (Vocus Group), Initial U.S. Term Loans(f)		N/A		L + 3.50%		05/26/2028		219,446		219,446
Windstream Services II LLC, Initial		7.25	%	1M US L + 6.25%		09/21/2027		456,165		456,963
Xplornet Communications, Inc., Initial		4.85	%	1M US L + 4.75%		06/10/2027		259,448		259,355
Total Diversified Telecommunication Services								4,324,456		4,318,337
Electric Utilities - 0.12% (0.07% of Total Investments)
PG&E Corporation - Loan, Loan		3.50	%	3M US L + 3.00%		06/23/2025		212,303		209,252
Electrical Equipment - 0.39% (0.23% of Total Investments)
Energy Acquisition LP
Initial		4.37	%	3M US L + 4.25%		06/26/2025		492,031		484,651
Tranche B(f)		N/A		L + 7.50%		06/26/2025		186,546		186,546
Total Electrical Equipment								678,577		671,197
Electronic Equipment, Instruments & Components - 2.64% (1.58% of Total Investments)
Corsair Gaming, Inc., Term Loan (First Lien)		4.75	%	1M US L + 3.75%		08/28/2024		61,702		61,625
Infinite Bidco LLC, Initial		4.25	%	1M US L + 3.75%		03/02/2028		1,256,456		1,254,886
Mavenir Systems, Inc., Initial		7.00	%	3M US L + 6.00%		05/08/2025		904,033		903,183
Mirion Technologies LLC, Initial Dollar		4.15	%	3M US L + 4.00%		03/06/2026		491,206		491,206
Natel Engineering Company, Inc., Initial		6.00	%	3M US L + 5.00%		04/30/2026		470,514		446,988
Triton Solar US Acquisition Co., Initial		6.15	%	3M US L + 6.00%		10/29/2024		270,739		263,069
Ultra Clean Holdings, Inc., Refinanced		3.85	%	1M US L + 3.75%		08/27/2025		793,809		794,468
Xperi Holding Corp., Initial B		3.58	%	1M US L + 3.50%		06/08/2028		308,833		307,984
Total Electronic Equipment, Instruments & Components								4,557,292		4,523,409
Energy Equipment & Services - 0.64% (0.38% of Total Investments)
ChampionX, Term Loan		6.00	%	3M US L + 5.00%		06/03/2027		169,926		173,111
Lealand Finance Company B.V.
Make-Whole		3.09	%	1M US L + 3.00%		06/28/2024		8,469		5,081
Take-Back		4.09	%	1M US L + 1.00%		06/30/2025		45,565		20,239
Par Petroleum LLC, Closing Date		6.94	%	3M US L + 6.75%		01/12/2026		330,984		328,501
WaterBridge Midstream Operating LLC, Initial		6.75	%	3M US L + 5.75%		06/22/2026		595,362		570,274
Total Energy Equipment & Services								1,150,306		1,097,206
Food & Staples Retailing - 0.66% (0.40% of Total Investments)
BW Gas & Convenience Holdings LLC, Initial		4.00	%	1M US L + 3.50%		03/31/2028		14,776		14,758

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Food & Staples Retailing (continued)
Rent-A-Center, Inc., Initial		4.75	%	1M US L + 4.00%		02/17/2028	$	1,122,349	$	1,122,349
Total Food & Staples Retailing								1,137,125		1,137,107
Food Products - 0.10% (0.06% of Total Investments)
H-Food Holdings LLC, 2020 Incremental B-3		6.00	%	1M US L + 5.00%		05/23/2025		61,875		61,797
Whole Earth Brands, Inc., Term Loan		5.50	%	3M US L + 4.50%		02/05/2028		100,865		100,235
Total Food Products								162,740		162,032
Health Care Equipment & Supplies - 0.87% (0.52% of Total Investments)
ASP Navigate Acquisition Corp., Initial		5.50	%	3M US L + 4.50%		10/06/2027		418,947		419,471
Curium BidCo S.a r.l., Term Loan		5.00	%	3M US L + 4.25%		12/02/2027		105,477		105,477
Medplast Holdings, Inc., Initial Term Loan (Late June/Early July)		3.85	%	1M US L + 3.75%		07/02/2025		994,885		965,038
Total Health Care Equipment & Supplies								1,519,309		1,489,986
Health Care Providers & Services - 7.31% (4.38% of Total Investments)
ADMI Corp., B3		3.85	%	1M US L + 3.75%		12/23/2027		307,346		306,771
Albany Molecular Research, Inc., 2020		4.50	%	3M US L + 3.50%		08/30/2024		154,423		154,664
BW NHHC Holdco, Inc., Initial		5.16	%	3M US L + 5.00%		05/15/2025		342,329		314,515
Cambrex Corp., Tranche B-2 Dollar		4.25	%	1M US L + 3.50%		12/04/2026		404,551		405,312
CCRR Parent, Inc., Initial		5.00	%	3M US L + 4.25%		03/06/2028		847,875		852,114
Envision Healthcare Corp., Initial		3.85	%	1M US L + 3.75%		10/10/2025		997,449		851,472
EyeCare Partners LLC, Initial Term Loan		3.85	%	1M US L + 3.75%		02/18/2027		579,946		574,366
Global Medical Response, Inc.
2018 New		5.25	%	3M US L + 4.25%		03/14/2025		487,377		488,332
2020 Refinancing		5.75	%	3M US L + 4.75%		10/02/2025		897,370		900,736
Heartland Dental LLC, 2021 Incremental		4.07	%	1M US L + 4.00%		04/30/2025		309,753		308,979
Heartland Dental, LLC, Initial		3.60	%	1M US L + 3.50%		04/30/2025		496,167		489,965
ICON Luxembourg S.A.R.L.
B(f)		N/A		L + 2.50%		06/16/2028		1,064,667		1,066,168
B USD(f)		N/A		L + 2.50%		06/16/2028		265,262		265,637
Maravai Intermediate Holdings LLC, Initial		4.75	%	1M US L + 3.75%		10/19/2027		68,898		69,157
Midwest Physician Administrative Services LLC, Initial		4.00	%	3M US L + 3.25%		03/12/2028		748,125		745,791
Midwest Veterinary Partners LLC, Initial		4.75	%	6M US L + 4.00%		04/27/2028		118,520		118,668
Pathway Vet Alliance LLC, 2021 Replacement		3.85	%	1M US L + 3.75%		03/31/2027		152,303		151,837
Phoenix Guarantor, Inc., Tranche B-3		3.57	%	1M US L + 3.50%		03/05/2026		845,186		839,785
Radiology Partners, Inc., B		4.32	%	1M US L + 4.25%		07/09/2025		754,358		753,732
Radnet Management, Inc., Initial		3.75	%	3M US L + 3.00%		04/23/2028		182,797		182,720
Southern Veterinary Partners LLC, Initial(g)		5.00	%	3M US L + 4.00%		10/05/2027		59,403		59,699
Unified Women’s Healthcare LP, Initial		5.00	%	1M US L + 4.25%		12/20/2027		182,443		182,671
Verscend Holding Corp., B-1		4.10	%	1M US L + 4.00%		08/27/2025		1,237,161		1,239,153
WCG Purchaser Corp., Initial		5.00	%	3M US L + 4.00%		01/08/2027		452,386		453,517
WP CityMD Bidco LLC, Term Loan		4.50	%	3M US L + 3.75%		08/13/2026		758,440		759,494
Total Health Care Providers & Services								12,714,535		12,535,255
Health Care Technology - 2.55% (1.53% of Total Investments)
athenahealth, Inc., B-1		4.41	%	3M US L + 4.25%		02/11/2026		1,756,934		1,760,782
Gainwell Acquisition Corp., B		4.75	%	3M US L + 4.00%		10/01/2027		1,006,292		1,008,556
TTF Holdings LLC, Initial		5.00	%	3M US L + 4.25%		03/31/2028		789,855		787,880
Waystar Technologies, Inc., Initial		4.10	%	1M US L + 4.00%		10/22/2026		818,998		819,637
Total Health Care Technology								4,372,079		4,376,855
Hotels, Restaurants & Leisure - 3.05% (1.83% of Total Investments)
Alterra Mountain Company, Additional		5.50	%	1M US L + 4.50%		08/01/2026		349,368		350,024

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Hotels, Restaurants & Leisure (continued)
Caesars Resort Collection LLC, B-1		4.60	%	1M US L + 4.50%		07/21/2025	$	1,380,774	$	1,384,226
Carnival Corp., Initial Advance		3.75	%	3M US L + 3.00%		06/30/2025		65,121		66,614
Casablanca US Holdings, Inc., Amendment No. 2 Initial		4.19	%	3M US L + 4.00%		03/29/2024		820,835		753,461
CCM Merger, Inc., B		4.50	%	3M US L + 3.75%		11/04/2025		28,587		28,552
Herschend Entertainment Company LLC, Initial		6.75	%	3M US L + 5.75%		08/25/2025		173,306		174,173
Hilton Grand Vacations Borrower LLC, Initial Term Loans(f)		N/A		L + 3.00%		05/19/2028		58,972		58,990
Kingpin Intermediate Holdings LLC, 2018 Refinancing		4.50	%	1M US L + 3.50%		07/03/2024		678,974		674,941
Raptor Acquisition Corp., B		4.10	%	1M US L + 4.00%		11/01/2026		151,987		152,177
Seaworld Parks & Entertainment, Inc., B-5		3.75	%	1M US L + 3.00%		04/01/2024		744,171		738,590
United PF Holdings LLC
Incremental Term Loan		9.50	%	3M US L + 8.50%		12/30/2026		358,200		359,096
Initial		4.15	%	3M US L + 4.00%		12/30/2026		513,432		497,772
Total Hotels, Restaurants & Leisure								5,323,727		5,238,616
Household Durables - 1.64% (0.98% of Total Investments)
AT Home Group, Inc., B(f)		N/A		L + 4.25%		06/24/2028		847,816		847,816
Conair Holdings LLC, Initial		4.25	%	3M US L + 3.75%		05/17/2028		269,547		270,086
Hunter Fan Company, Initial		5.75	%	3M US L + 5.00%		05/08/2028		820,471		820,816
Samsonite International S.A., 2020 Incremental Tranche B		3.75	%	1M US L + 3.00%		04/25/2025		479,623		478,923
SRAM LLC, Initial		3.25	%	3M US L + 2.75%		05/18/2028		174,804		173,930
Weber-Stephen Products LLC, Initial B		4.00	%	1M US L + 3.25%		10/30/2027		227,457		227,741
Total Household Durables								2,819,718		2,819,312
Household Products - 1.33% (0.80% of Total Investments)
American Greetings Corp., Initial		5.50	%	1M US L + 4.50%		04/06/2024		1,227,803		1,227,802
Sunshine Luxembourg VII SARL, Facility B3		4.50	%	3M US L + 3.75%		10/01/2026		1,052,302		1,055,522
Total Household Products								2,280,105		2,283,324
Independent Power/Renewable Electricity Producers - 0.05% (0.03% of Total Investments)
Array Tech, Inc., Initial		3.75	%	3M US L + 3.25%		10/14/2027		87,652		85,498
Industrial Conglomerates - 1.89% (1.13% of Total Investments)
Blount International, Inc., New Refinancing		4.75	%	1M US L + 3.75%		04/12/2023		643,511		645,004
Madison IAQ LLC, Initial		3.75	%	3M US L + 3.25%		06/21/2028		492,502		492,502
MajorDrive Holdings IV LLC, Initial		4.50	%	3M US L + 4.00%		06/01/2028		256,038		256,118
Star US Bidco LLC, Initial		5.25	%	1M US L + 4.25%		03/17/2027		349,331		348,678
Vertical Midco GmbH, Facility B		4.48	%	3M US L + 4.25%		07/14/2027		1,497,500		1,498,129
Total Industrial Conglomerates								3,238,882		3,240,431
Insurance - 1.35% (0.81% of Total Investments)
Acrisure LLC, 2020		3.60	%	1M US L + 3.50%		02/15/2027		813,750		804,253
Alliant Holdings Intermediate LLC, 2020 New(f)		N/A		L + 3.75%		11/05/2027		128,135		128,241
Asurion LLC, New B-9		3.35	%	1M US L + 3.25%		07/31/2027		613,645		606,484
OneDigital Borrower LLC
Delayed Draw(g)		5.25	%	3M US L + 4.50%		11/16/2027		4,069		4,123
Initial		5.25	%	3M US L + 4.50%		11/16/2027		494,381		495,825
Ryan Specialty Group LLC, Initial		3.75	%	1M US L + 3.00%		09/01/2027		279,325		279,063
Total Insurance								2,333,305		2,317,989
Internet and Catalog Retail - 0.67% (0.40% of Total Investments)
Shutterfly, Inc., B		7.00	%	1M US L + 6.00%		09/25/2026		678,728		679,332

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Internet and Catalog Retail (continued)
Titan Acquisitionco New Zealand, Ltd., 2020 Refinancing		4.15	%	3M US L + 4.00%		05/01/2026	$	468,750	$	467,288
Total Internet and Catalog Retail								1,147,478		1,146,620
IT Services - 2.08% (1.24% of Total Investments)
Avaya, Inc.
Tranche B-1		4.32	%	1M US L + 4.25%		12/15/2027		87,209		87,445
Tranche B-2		4.07	%	1M US L + 4.00%		12/15/2027		912,791		914,644
Endurance International Group Holdings, Inc., Initial		4.25	%	6M US L + 3.50%		02/10/2028		290,368		288,795
Imprivata, Inc., Initial		4.00	%	1M US L + 3.50%		12/01/2027		206,641		206,835
Intrado Corp., Initial B		5.00	%	3M US L + 4.00%		10/10/2024		345,664		337,911
ION Trading Finance, Ltd., Initial Dollar (2021)		4.92	%	3M US L + 4.75%		04/01/2028		1,022,983		1,026,093
Virtusa Corp., Closing Date		5.00	%	1M US L + 4.25%		02/11/2028		698,942		701,039
Total IT Services								3,564,598		3,562,762
Life Sciences Tools & Services - 0.03% (0.02% of Total Investments)
Precision Medicine Group LLC, Amendment No. 1 Refinancing(g)		3.75	%	3M US L + 3.00%		11/22/2027		52,423		56,328
Media - 3.75% (2.25% of Total Investments)
Banijay Entertainment S.A.S., Facility B		3.84	%	1M US L + 3.75%		03/01/2025		843,515		839,998
Castle US Holding Corp., Initial Dollar		3.90	%	3M US L + 3.75%		01/29/2027		1,484,375		1,464,663
Cimpress plc, Tranche B-1		4.00	%	1M US L + 3.50%		05/17/2028		166,095		165,402
Creative Artists Agency LLC
Closing Date		3.85	%	1M US L + 3.75%		11/27/2026		675,920		672,966
Incremental B-1		5.25	%	1M US L + 4.25%		11/27/2026		371,715		370,090
Cumulus Media New Holdings, Inc., Initial		4.75	%	3M US L + 3.75%		03/31/2026		729,052		729,781
Mission Broadcasting, Inc., B-4(f)		N/A		L + 2.50%		06/02/2028		175,439		174,343
Recorded Books, Inc., 2021 Replacement		4.08	%	1M US L + 4.00%		08/29/2025		938,541		938,935
Univision Communications, Inc.
2021 Replacement New First Lien(f)		N/A		L + 3.25%		03/24/2026		54,153		54,212
B(f)		N/A		L + 3.25%		05/05/2028		482,239		480,030
William Morris Endeavor Entertainment LLC, B-2		9.50	%	1M US L + 8.50%		05/18/2025		495,000		544,500
Total Media								6,416,044		6,434,920
Oil, Gas & Consumable Fuels - 2.19% (1.31% of Total Investments)
BCP Raptor LLC, Initial		5.25	%	1M US L + 4.25%		06/24/2024		497,395		492,282
Brazos Delaware II LLC, Initial		4.09	%	1M US L + 4.00%		05/21/2025		679,340		661,990
CITGO Holding, Inc.		8.00	%	3M US L + 7.00%		08/01/2023		1,379,976		1,367,556
ITT Holdings LLC, Initial		2.85	%	1M US L + 2.75%		07/30/2028		107,650		107,381
Lower Cadence Holdings LLC, Initial		4.13	%	1M US L + 4.00%		05/22/2026		746,180		740,584
Lucid Energy Group II, Initial		4.00	%	1M US L + 3.00%		02/17/2025		344,963		341,389
Permian Production Partners, LLC, Initial		9.00	%	1M US L + 8.00%		11/20/2025		82,473		53,608
Total Oil, Gas & Consumable Fuels								3,837,977		3,764,790
Personal Products - 0.57% (0.34% of Total Investments)
Knowlton Development Corp., Inc., Initial (2020)		3.85	%	1M US L + 3.75%		12/22/2025		984,887		978,731
Pharmaceuticals - 0.97% (0.58% of Total Investments)
Amneal Pharmaceuticals, LLC, Initial Term Loan		3.63	%	1M US L + 3.50%		05/04/2025		985,590		965,878
Endo Luxembourg Finance Company I S.a r.l., 2021		5.75	%	1M US L + 5.00%		03/27/2028		727,050		700,469
Total Pharmaceuticals								1,712,640		1,666,347
Professional Services - 0.94% (0.56% of Total Investments)
AQ Carver Buyer, Inc., Initial		6.00	%	3M US L + 5.00%		09/23/2025		460,872		458,567

				Reference Rate	Maturity		Principal
	Coupon(a)			& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Professional Services (continued)
Globallogic Holdings, Inc., 2020 Incremental B-2		4.50	%	1M US L + 3.75%		09/14/2027	$	104,842	$	104,874
IG Investments Holdings, LLC (fka Igloo Merger Sub, LLC), Refinancing Term Loan		4.75	%	3M US L + 3.75%		05/23/2025		1,039,812		1,040,644
Total Professional Services								1,605,526		1,604,085
Software - 8.53% (5.11% of Total Investments)
Cambium Learning Group, Inc., Initial		5.25	%	3M US L + 4.50%		12/18/2025		945,964		950,523
Cardinal Parent, Inc., Initial		5.25	%	3M US L + 4.50%		11/12/2027		241,445		241,549
CommerceHub, Inc., Initial		4.75	%	3M US L + 4.00%		12/29/2027		829,558		831,632
Conservice Midco LLC, Initial		4.35	%	1M US L + 4.25%		05/13/2027		1,119,641		1,117,313
CT Technologies Intermediate Holdings, Inc., Initial		6.00	%	1M US L + 5.00%		12/16/2025		417,975		418,497
DCert Buyer, Inc., Initial		4.10	%	1M US L + 4.00%		10/16/2026		1,100,165		1,100,627
EagleView Technology Corp., Term Loan		3.64	%	3M US L + 3.50%		08/14/2025		802,295		790,405
Fiserv Investment Solutions, Inc., Initial		4.16	%	3M US L + 4.00%		02/18/2027		444,216		444,585
Flexera Software LLC, B-1		4.50	%	3M US L + 3.75%		03/03/2028		23,378		23,411
Greeneden U.S. Holdings I LLC, Initial Dollar (2020)		4.75	%	1M US L + 4.00%		12/01/2027		444,626		445,422
Idera, Inc., B-1		4.50	%	1M US L + 3.75%		03/02/2028		159,164		159,066
IGT Holding IV AB, Term Loan(f)		N/A		L + 3.75%		03/31/2028		178,351		178,797
Imperva, Inc., Term Loan		5.00	%	3M US L + 4.00%		01/12/2026		408,520		409,607
Indy US Bidco LLC, Tranche B-1		4.08	%	1M US L + 4.00%		03/06/2028		1,114,667		1,115,860
LegalZoom.com, Inc., 2018		4.60	%	1M US L + 4.50%		11/21/2024		396,947		396,077
Magenta Buyer LLC, Initial		5.75	%	1M US L + 5.00%		05/03/2028		823,925		823,101
MH Sub I LLC, 2020 June New		4.75	%	1M US L + 3.75%		09/13/2024		439,143		439,784
N-able, Inc., Initial(f)		N/A		L + 3.00%		04/14/2028		512,992		511,710
Planview Parent, Inc., Closing Date		4.75	%	3M US L + 4.00%		12/17/2027		965,646		966,554
Polaris Newco LLC, Dollar		4.50	%	3M US L + 4.00%		06/02/2028		725,328		727,054
Project Alpha Intermediate Holding, Inc., 2021 Refinancing		4.11	%	1M US L + 4.00%		04/26/2024		584,700		585,115
Project Leopard Holdings, Inc.
2018 Repricing		5.75	%	3M US L + 4.75%		07/05/2024		26,489		26,542
2019 Incremental		5.75	%	3M US L + 4.75%		07/05/2024		132,291		132,536
Tenable Holdings, Inc., B(f)		N/A		L + 2.75%		06/28/2028		264,419		263,758
UKG, Inc., 2021 Incremental		4.00	%	3M US L + 3.25%		05/04/2026		42,915		42,940
Upland Software, Inc., Initial		3.85	%	1M US L + 3.75%		08/06/2026		982,500		978,403
ZoomInfo LLC, Initial (2021)		3.10	%	1M US L + 3.00%		02/02/2026		514,307		513,823
Total Software								14,641,567		14,634,691
Specialty Retail - 2.95% (1.77% of Total Investments)
Franchise Group, Inc., Initial		5.50	%	3M US L + 4.75%		03/10/2026		1,397,762		1,403,884
Great Outdoors Group LLC, B-1		5.00	%	3M US L + 4.25%		03/06/2028		1,147,125		1,149,993
Jo-Ann Stores LLC, Initial		6.00	%	1M US L + 5.00%		10/20/2023		701,050		699,998
Jo-Ann Stores, LLC, TLB, Additional B-1(f)		N/A		L + 4.75%		07/07/2028		872,479		870,297
Petco Health and Wellness Company, Inc., Initial		4.00	%	3M US L + 3.25%		03/03/2028		369,144		368,288
Rising Tide Holdings, Inc., Initial(f)		N/A		L + 4.75%		06/01/2028		253,007		253,167
Torrid LLC, Cov-Lite B		6.25	%	3M US L + 5.50%		05/19/2028		315,155		312,791
Total Specialty Retail								5,055,722		5,058,418
Textiles, Apparel & Luxury Goods - 1.13% (0.68% of Total Investments)
BK LC Lux SPV S.a r.l., Facility B		4.25	%	3M US L + 3.75%		04/28/2028		128,700		128,646
Champ Acquisition Corp., Initial		5.67	%	6M US L + 5.50%		12/19/2025		509,020		511,036
Elevate Textiles, Inc., Initial		5.26	%	3M US L + 5.00%		05/01/2024		1,176,242		1,131,157
Tory Burch LLC, Initial B		4.00	%	1M US L + 3.50%		04/16/2028		166,607		165,982
Total Textiles, Apparel & Luxury Goods								1,980,569		1,936,821

			Reference Rate	Maturity		Principal
	Coupon(a)		& Spread	Date		Amount		Value
SENIOR SECURED FIRST LIEN LOANS(b) (continued)
Textiles, Apparel & Luxury Goods (continued)						$		$
Transportation Infrastructure - 0.18% (0.11% of Total Investments)
Grab Holdings, Inc., Initial	5.50	%	3M US L + 4.50%	01/29/2026		303,738		308,042
Total Senior Secured First Lien Loans (Cost $121,630,406)					$	123,000,167	$	122,344,447

	Shares		Value
COMMON STOCK - 0.13%* (0.08% of Total Investments)
Aerospace & Defense - 0.02% (0.01% of Total Investments)
New Constellis Borrower LLC(c)(h)	6,795	$	27,180
Food & Staples Retailing - 0.11% (0.07% of Total Investments)
CEC Brands, LLC(h)	10,454		193,399
Oil, Gas & Consumable Fuels - 0.00%(i) (0.00% of Total Investments)
Permian Production Partners(c)(h)	18,995		950
Total Common Stock (Cost $94,507)	36,244	$	221,529

	Shares		Value
MONEY MARKET MUTUAL FUNDS - 6.14%* (3.67% of Total Investments)
Invesco Short Term Investments Trust Treasury Portfolio, Institutional Class
(0.010% 7-Day Yield)	10,533,507	$	10,533,507
Total Money Market Mutual Funds (Cost $10,533,507)	10,533,507	$	10,533,507
Total Investments - 167.01% (Cost $289,825,323)		$	286,518,395
Liabilities in Excess of Other Assets - (8.18)%			(14,028,269	)
Series 2026 Term Preferred Shares (Net of $892,617 Deferred Financing Costs) - (16.91)%			(29,007,383	)
Leverage Facility (Net of $229,380 Deferred Leverage Costs) - (41.92)%			(71,920,620	)
Net Assets Applicable to Common Shareholders - 100.00%		$	171,562,123

*	Amounts above are shown as a percentage of net assets applicable to common shareholder as of June 30, 2021.
(a)	The rate shown is the coupon as of the end of the reporting period.
(b)	Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2021. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(c)	As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets.
(d)	Security exempt from registration under Rule 144A of the Securities Act of 1933. Total market value of Rule 144A securities amounts to $146,921,553, which represents approximately 85.64% of the Trust's net assets as of June 30, 2021. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration.
(e)	CLO subordinated notes, income notes, Y notes and M notes are considered CLO equity positions. CLO equity positions are entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders and fund expenses. The effective yield is estimated based upon the amount and timing of these recurring distributions in addition to the estimated amount of terminal principal payment. Effective yields for the CLO equity positions are updated generally once a quarter or on a transaction such as an add-on purchase, refinancing or reset. The estimated yield and investment cost may ultimately not be realized. Estimated yields shown are based on rates that existed as of June 30, 2021.
(f)	When-issued or delivery-delayed security. All or a portion of this position has not settled as of June 30, 2021. The interest rate shown represents the stated spread over the London Interbank Offered Rate ("LIBOR" or "L") or the applicable LIBOR floor; the Trust will not accrue interest until the settlement date, at which point LIBOR will be established. The total cost of securities purchased on a when-issued or delivery-delayed basis was $7,870,365 as of June 30, 2021.
(g)	This investment has an unfunded commitment as of June 30, 2021.
(h)	Non-income producing security.
(i)	Less than 0.005%.
(j)	Fair value includes the Trust's interest in fee rebates on CLO subordinated notes.

All securities held as of June 30, 2021 are pledged as collateral for the leverage facility.