KKR Credit Opportunities Portfolio NPORT-P/A KKR Credit Opportunities Portfolio (Jan 2023 report)

KKRCredit Opportunities Portfolio

January 31, 2023

SCHEDULE OF INVESTMENTS (Unaudited)

(Stated in United States Dollars, unless otherwise noted)

Issuer

Asset

Reference Rate & Spread

Interest Rate

Maturity Date

Country

Currency

Par

Fair Value

Footnotes

Leveraged Loans - 67.61%

Aerospace & Defense - 0.95%

Amentum Services Inc

TL 2L B 12/21

SOFR (3M) + 7.65%

12.18%

2/15/2030

USA

USD

2,767,140

$

2,696,578

(b) (d)

Arcfield Acquisition Corp

Revolver 1L 03/22

LIBOR (1M) + 5.75%

0.50%

3/10/2027

USA

USD

143,583

(2,786

)

(a) (b) (e)

Arcfield Acquisition Corp

TL 1L 03/22

LIBOR (1M) + 5.75%

10.18%

3/10/2028

USA

USD

981,712

962,666

(a) (b) (d)

EaglePicher Technologies LLC

TL 2L 02/18

LIBOR (1M) + 7.25%

11.82%

3/8/2026

USA

USD

2,506,459

1,253,230

(d)

Ultra Electronics Holdings PLC

TL 1L B 11/21

LIBOR (6M) + 3.75%

7.06%

8/6/2029

USA

USD

132,857

131,528

(d)

Ultra Electronics Holdings PLC

TL 1L B 11/21

EURIBOR (6M) + 3.75%

4.40%

8/6/2029

LUX

EUR

104,000

110,753

(d)

Air Freight & Logistics - 1.34%

Envirotainer Ltd

TL 1L B1 07/22

EURIBOR (3M) + 6.00%

8.20%

7/30/2029

SWE

EUR

4,739,642

4,933,039

(a) (b) (d)

Envirotainer Ltd

TL 1L B2 07/22

SOFR (3M) + 6.15%

10.73%

7/30/2029

SWE

USD

2,411,934

2,341,264

(a) (b) (d)

Envirotainer Ltd

TL 1L DD 07/22

EURIBOR (3M) + 1.20%

1.20%

7/30/2029

SWE

EUR

865,234

(39,677

)

(a) (b) (e)

Alternative Carriers - 1.27%

Segra

TL 1L B 08/21

LIBOR (3M) + 4.50%

9.23%

10/4/2028

USA

USD

7,375,483

6,837,663

(d)

Apparel, Accessories & Luxury Goods - 3.99%

Varsity Brands Inc

TL 1L 11/17

LIBOR (1M) + 3.50%

8.07%

12/16/2024

USA

USD

21,649,031

21,540,786

(d)

Application Software - 7.39%

Community Brands Inc

Revolver 1L 02/22

SOFR (1M) + 5.85%

0.50%

2/24/2028

USA

USD

60,610

(1,709

)

(a) (b) (e)

Community Brands Inc

TL 1L 02/22

SOFR (1M) + 5.85%

10.41%

2/24/2028

USA

USD

1,022,573

993,736

(a) (b) (d)

Community Brands Inc

TL 1L DD 02/22

SOFR (1M) + 5.85%

0.50%

2/24/2028

USA

USD

121,212

(3,418

)

(a) (b) (e)

Follett Software Co

Revolver 1L 08/21

LIBOR (3M) + 5.75%

0.50%

8/31/2027

USA

USD

136,050

(1,619

)

(a) (b) (e)

Follett Software Co

TL 1L 08/21

LIBOR (3M) + 5.75%

10.13%

8/31/2028

USA

USD

1,534,181

1,515,924

(a) (b) (d)

Med-Metrix

Revolver 1L 09/21

LIBOR (3M) + 6.00%

0.50%

9/15/2027

USA

USD

158,828

-

(a) (b) (e)

Med-Metrix

TL 1L 09/21

LIBOR (3M) + 6.00%

10.73%

9/15/2027

USA

USD

1,254,740

1,267,288

(a) (b) (d)

Med-Metrix

TL 1L DD 09/21

LIBOR (3M) + 6.00%

1.00%

9/15/2027

USA

USD

634,359

132,453

(a) (b) (e)

Misys Ltd

TL 2L 04/17

LIBOR (3M) + 7.25%

12.08%

6/13/2025

USA

USD

9,735,446

7,745,083

(d)

SAMBA Safety Inc

Revolver 1L 09/21

LIBOR (3M) + 5.25%

0.38%

9/1/2027

USA

USD

41,810

(176

)

(a) (b) (e)

SAMBA Safety Inc

TL 1L 09/21

LIBOR (3M) + 5.25%

10.41%

9/1/2027

USA

USD

569,876

567,482

(a) (b) (d)

Solera LLC

TL 2L 06/21

LIBOR (3M) + 8.00%

12.73%

6/4/2029

USA

USD

16,105,314

15,783,208

(d)

TIBCO Software Inc

TL 1L B 09/22

SOFR (3M) + 4.60%

9.18%

3/30/2029

USA

USD

12,720,960

11,774,839

(d)

Auto Parts & Equipment - 0.86%

Innovative XCessories & Services LLC

TL 1L 02/20

LIBOR (3M) + 4.25%

7.82%

3/5/2027

USA

USD

3,549,826

2,891,440

(d)

Rough Country LLC

TL 2L 07/21

LIBOR (3M) + 6.50%

11.23%

7/30/2029

USA

USD

861,230

777,975

(d)

Wheel Pros Inc

TL 1L B 05/21

LIBOR (3M) + 4.50%

9.32%

5/11/2028

USA

USD

1,345,759

942,684

(d)

Broadcasting - 3.71%

NEP Broadcasting LLC

TL 1L 05/20

LIBOR (1M) + 8.25%

12.82%

6/1/2025

USA

USD

150,390

148,104

(b) (d)

NEP Broadcasting LLC

TL 1L B 09/18

LIBOR (1M) + 3.25%

7.82%

10/20/2025

USA

USD

9,630,151

8,700,842

(d)

NEP Broadcasting LLC

TL 2L 09/18

LIBOR (1M) + 7.00%

11.57%

10/19/2026

USA

USD

14,697,782

11,067,430

(d)

Building Products - 0.95%

DiversiTech Holdings Inc

TL 2L B 12/21

LIBOR (3M) + 6.75%

11.48%

12/15/2029

USA

USD

1,945,020

1,740,793

(d)

VC GB Holdings Inc (Visual Comfort)

TL 2L 06/21

LIBOR (1M) + 6.75%

11.32%

7/23/2029

USA

USD

4,110,401

3,384,237

(d)

Communications Equipment - 0.08%

Ciena Corp

TL 1L B 01/23

SOFR (1M) + 2.50%

6.98%

1/18/2030

USA

USD

406,260

406,768

(d)

Construction & Engineering - 2.67%

Total Safety US Inc

TL 1L B 07/19

LIBOR (3M) + 6.00%

10.71%

8/18/2025

USA

USD

6,416,342

6,140,214

(d)

USIC Holdings Inc

TL 2L 05/21

LIBOR (1M) + 6.50%

11.07%

5/14/2029

USA

USD

2,682,939

2,541,253

(d)

Yak Access LLC

Bridge Loan 1L 01/23

SOFR (1M) + 8.35%

12.88%

3/10/2023

USA

USD

1,013,810

1,003,672

(a) (b) (d)

Yak Access LLC

Bridge Loan 1L 11/22

SOFR (3M) + 8.35%

13.06%

3/10/2023

USA

USD

1,126,352

1,115,088

(a) (b) (d)

Yak Access LLC

Bridge Loan 1L 12/22

SOFR (3M) + 8.35%

13.06%

3/10/2023

USA

USD

844,764

836,316

(a) (b) (d)

Yak Access LLC

TL 1L B 05/18

7/11/2025

USA

USD

6,608,816

2,686,484

(a) (c) (d)

Construction Machinery & Heavy Trucks - 1.33%

Accuride Corp

TL 1L B 10/17

LIBOR (3M) + 5.25%

9.98%

11/17/2023

USA

USD

8,616,549

7,151,735

(d)

Construction Materials - 0.18%

Summit Materials Holdings LP

TL 1L B 12/22

SOFR (3M) + 3.10%

7.61%

12/14/2027

USA

USD

965,541

969,365

(d)

Data Processing & Outsourced Services - 0.73%

Encora Digital Inc

TL 1L 12/21

LIBOR (6M) + 8.28%

8.28%

12/20/2028

CYM

USD

1,652,370

1,581,153

(a) (b) (d)

Encora Digital Inc

TL 1L 12/21

9.75% PIK

9.75%

12/13/2029

CYM

USD

482,470

458,829

(a) (b) (f)

Encora Digital Inc

TL 1L DD 12/21

LIBOR (6M) + 5.50%

10.48%

12/20/2028

CYM

USD

398,160

380,999

(a) (b)

Go Daddy Operating Co LLC

TL 1L 10/22

SOFR (1M) + 3.25%

7.81%

11/9/2029

USA

USD

1,019,100

1,024,201

(d)

West Corp

TL 1L B3 01/23

LIBOR (3M) + 4.00%

8.81%

4/10/2027

USA

USD

529,193

498,212

(d)

Department Stores - 0.04%

Belk Inc

TL 1L 02/21

LIBOR (3M) + 7.50%

12.20%

7/31/2025

USA

USD

53,180

45,619

(a) (d)

Belk Inc

TL 1L EXIT 02/21

7/31/2025

USA

USD

997,211

185,107

(a) (c) (d) (f)

Distributors - 1.75%

Caldic BV

TL 1L B 01/22

SOFR (3M) + 3.75%

8.43%

2/26/2029

NLD

USD

107,845

107,171

(d)

Caldic BV

TL 1L B 02/22

EURIBOR (3M) + 3.50%

5.11%

2/4/2029

NLD

EUR

61,831

65,678

(d)

Caldic BV

TL 2L 03/22

SOFR (3M) + 7.25%

11.93%

2/25/2030

NLD

USD

6,499,085

6,304,112

(b) (d)

Parts Town LLC

TL 1L 11/21

LIBOR (3M) + 5.50%

9.17%

11/1/2028

USA

USD

838,073

817,205

(a) (b) (d)

Parts Town LLC

TL 1L B 11/21

LIBOR (3M) + 5.50%

10.23%

11/1/2028

USA

USD

920,208

897,295

(a) (b) (d)

Parts Town LLC

TL 1L DD 11/21

LIBOR (3M) + 5.50%

9.17%

11/1/2028

USA

USD

1,284,596

1,252,610

(a) (b) (d)

Diversified Metals & Mining - 0.02%

Foresight Energy LLC

TL 1L A 06/20

LIBOR (3M) + 8.00%

12.73%

6/30/2027

USA

USD

121,885

121,885

(a) (b) (d)

Diversified Support Services - 0.06%

Access CIG LLC

TL 2L 02/18

LIBOR (1M) + 7.75%

12.32%

2/27/2026

USA

USD

143,000

130,130

(d)

Magna Legal Services LLC

Revolver 1L 11/22

LIBOR (3M) + 5.25%

0.50%

11/22/2028

USA

USD

26,940

(67

)

(a) (b) (e)

Magna Legal Services LLC

TL 1L 11/22

LIBOR (3M) + 5.25%

10.90%

11/22/2029

USA

USD

231,690

231,111

(a) (b) (d)

Magna Legal Services LLC

TL 1L DD 11/22

LIBOR (3M) + 5.25%

1.00%

11/22/2029

USA

USD

64,660

(162

)

(a) (b) (e)

Electronic Equipment & Instruments  - 0.81%

Excelitas Technologies Corp

Revolver 1L 08/22

SOFR (3M) + 5.75%

0.50%

8/12/2028

USA

USD

351,770

138,539

(a) (b) (e)

Excelitas Technologies Corp

TL 1L 08/22

SOFR (3M) + 5.75%

10.12%

8/12/2029

USA

USD

3,646,681

3,575,571

(a) (b) (d)

Excelitas Technologies Corp

TL 1L 08/22

EURIBOR (3M) + 5.75%

7.55%

8/12/2029

USA

EUR

602,699

642,159

(a) (b) (d)

Excelitas Technologies Corp

TL 1L DD 08/22

SOFR (3M) + 5.75%

0.50%

8/12/2029

USA

USD

703,540

(13,719

)

(a) (b) (e)

Environmental & Facilities Services - 1.45%

48Forty Solutions LLC

Revolver 1L 03/22

SOFR (3M) + 5.65%

0.50%

11/30/2026

USA

USD

610,068

(7,748

)

(a) (b) (e)

48Forty Solutions LLC

TL 1L 02/22

SOFR (3M) + 5.75%

9.75%

11/30/2026

USA

USD

4,723,786

4,663,794

(a) (b) (d)

48Forty Solutions LLC

TL 1L 03/22

SOFR (3M) + 5.65%

9.76%

11/30/2026

USA

USD

3,157,204

3,117,108

(a) (b) (d)

Financial Exchanges & Data - 0.13%

IntraFi Network LLC

TL 2L 11/21

LIBOR (1M) + 6.25%

10.82%

11/5/2029

USA

USD

751,420

698,197

(d)

Food Distributors - 0.14%

Lipari Foods LLC

TL 1L 10/22

SOFR (3M) + 6.65%

10.74%

10/31/2028

USA

USD

772,735

770,571

(b) (d)

Lipari Foods LLC

TL 1L DD 10/22

SOFR (3M) + 6.65%

1.00%

10/31/2028

USA

USD

219,884

(616

)

(b) (e)

Health Care Equipment - 5.74%

Drive DeVilbiss Healthcare LLC

TL 1L 03/21

4.00% PIK, SOFR (3M) + 9.50%

14.08%

6/1/2025

USA

USD

20,030,700

18,127,784

(d) (f)

Drive DeVilbiss Healthcare LLC

TL 1L 09/22

9.00% PIK, SOFR (3M) + 10.00%

14.68%

6/1/2025

USA

USD

2,670,167

2,670,167

(b) (d) (f)

Orchid Orthopedic Solutions LLC

TL 1L 02/19

LIBOR (3M) + 4.50%

9.23%

3/5/2026

USA

USD

6,919,868

6,141,417

(d)

PartsSource Inc

Revolver 1L 10/21

LIBOR (3M) + 5.75%

0.50%

8/21/2026

USA

USD

87,104

(2,326

)

(a) (b) (e)

PartsSource Inc

TL 1L 10/21

LIBOR (3M) + 5.75%

8.71%

8/23/2028

USA

USD

1,322,260

1,286,956

(a) (b) (d)

PartsSource Inc

TL 1L DD 08/21

LIBOR (3M) + 5.75%

2.00%

8/23/2028

USA

USD

464,562

(12,404

)

(a) (b) (e)

Tecomet Inc

TL 1L 10/17

LIBOR (3M) + 3.50%

8.29%

5/1/2024

USA

USD

3,036,514

2,673,226

(d)

Health Care Facilities - 2.11%

Lakefield Veterinary Group

TL 1L 11/21

SOFR (1M) + 5.50%

10.06%

11/23/2028

USA

USD

2,199,515

2,087,559

(b) (d)

Lakefield Veterinary Group

TL 1L DD 11/21

SOFR (1M) + 5.50%

0.50%

11/23/2028

USA

USD

1,265,136

485,978

(b) (e)

ScionHealth

TL 1L B 12/21

LIBOR (1M) + 5.25%

9.82%

12/23/2028

USA

USD

2,433,697

1,439,933

(d)

VetCor Professional Practices LLC

Revolver 1L 08/22

SOFR (3M) + 5.75%

0.50%

8/31/2029

USA

USD

573,499

-

(b) (e)

VetCor Professional Practices LLC

TL 1L B 08/22

SOFR (3M) + 5.75%

9.19%

8/31/2029

USA

USD

7,300,251

7,302,441

(b)

VetCor Professional Practices LLC

TL 1L DD 08/22

SOFR (3M) + 5.75%

0.50%

8/31/2029

USA

USD

664,390

199

(b) (e)

Health Care Services - 1.70%

Affordable Care Inc

Revolver 1L 08/21

LIBOR (1M) + 5.75%

1.19%

8/2/2027

USA

USD

177,081

11,953

(a) (b) (e)

Affordable Care Inc

TL 1L 08/21

1.25% PIK, LIBOR (1M) + 5.75%

10.32%

8/2/2028

USA

USD

1,585,658

1,565,837

(a) (b) (d)

Affordable Care Inc

TL 1L DD 08/21

1.25% PIK, LIBOR (1M) + 5.75%

3.44%

8/2/2028

USA

USD

598,760

203,680

(a) (b) (e)

American Vision Partners

Revolver 1L 09/21

LIBOR (3M) + 5.75%

0.50%

9/30/2026

USA

USD

158,140

59,097

(a) (b) (e)

American Vision Partners

TL 1L 09/21

LIBOR (3M) + 5.75%

10.58%

9/30/2027

USA

USD

1,905,174

1,855,068

(a) (b) (d)

American Vision Partners

TL 1L DD 09/21

LIBOR (3M) + 5.75%

10.56%

9/30/2027

USA

USD

786,737

766,045

(a) (b) (d)

Amerivet Partners Management Inc

Revolver 1L 02/22

SOFR (3M) + 5.65%

0.50%

2/25/2028

USA

USD

197,240

(5,838

)

(a) (b) (e)

Amerivet Partners Management Inc

TL 1L 02/22

SOFR (3M) + 5.65%

10.23%

2/25/2028

USA

USD

2,235,596

2,169,423

(a) (b) (d)

Amerivet Partners Management Inc

TL 1L DD 02/22

SOFR (3M) + 5.65%

1.00%

2/25/2028

USA

USD

1,576,564

356,320

(a) (b) (e)

Novotech Pty Ltd

TL 1L B1 01/22

BBSY (6M) + 5.25%

8.83%

1/13/2028

AUS

AUD

1,579,895

1,086,031

(a) (b) (d)

Novotech Pty Ltd

TL 1L B2 01/22

SOFR (6M) + 6.01%

10.60%

1/13/2028

AUS

USD

1,144,851

1,120,809

(a) (b) (d)

Novotech Pty Ltd

TL 1L DD 01/22

SOFR (6M) + 6.01%

1.00%

1/13/2028

AUS

USD

266,244

(5,591

)

(a) (b) (e)

Paradigm Acquisition Corp

TL 2L 10/18

LIBOR (3M) + 7.50%

12.23%

10/26/2026

USA

USD

11,538

11,077

(d)

Health Care Technology - 0.06%

athenahealth Inc

TL 1L 01/22

SOFR (1M) + 3.50%

8.01%

2/15/2029

USA

USD

333,212

316,690

athenahealth Inc

TL 1L DD 01/22

SOFR (3M) + 3.50%

0.50%

2/15/2029

USA

USD

40,832

(2,025

)

(e)

Hotels, Resorts & Cruise Lines - 1.24%

B&B Hotels SAS

TL 1L B3A 01/20

EURIBOR (3M) + 3.38%

5.18%

7/31/2026

FRA

EUR

1,886,660

1,980,547

(d)

B&B Hotels SAS

TL 1L B4 03/21

EURIBOR (6M) + 5.50%

7.24%

7/31/2026

FRA

EUR

337,480

362,601

(d)

B&B Hotels SAS

TL 2L 04/20

LIBOR (6M) + 8.50%

8.50%

7/30/2027

FRA

EUR

812,680

850,433

(d)

NCL Corp Ltd

TL 1L A 06/16

SOFR (3M) + 2.00%

6.43%

1/2/2024

USA

USD

2,697,347

2,575,966

(d)

Travel + Leisure Co

TL 1L 12/22

SOFR (3M) + 4.10%

8.61%

12/14/2029

USA

USD

886,120

888,061

(d)

Human Resource & Employment Services - 2.99%

Insight Global LLC

Revolver 1L 09/21

PRIME (3M) + 5.00%

0.50%

9/22/2027

USA

USD

427,591

58,665

(a) (b) (e)

Insight Global LLC

TL 1L 02/22

LIBOR (3M) + 6.00%

10.83%

9/22/2028

USA

USD

1,042,940

1,029,591

(a) (b) (d)

Insight Global LLC

TL 1L 09/21

LIBOR (1M) + 6.00%

10.72%

9/22/2028

USA

USD

5,387,783

5,318,820

(a) (b) (d)

Oxford Global Resources LLC

Revolver 1L 08/21

SOFR (3M) + 6.25%

0.38%

8/17/2027

USA

USD

128,823

33,159

(a) (b) (e)

Oxford Global Resources LLC

TL 1L 06/22

SOFR (3M) + 6.25%

10.88%

8/17/2027

USA

USD

6,610,887

6,593,699

(a) (b) (d)

Oxford Global Resources LLC

TL 1L 08/21

SOFR (6M) + 6.25%

9.78%

8/17/2027

USA

USD

1,475,662

1,471,825

(a) (b) (d)

Oxford Global Resources LLC

TL 1L DD 08/21

SOFR (6M) + 6.43%

4.14%

8/17/2027

USA

USD

257,645

116,301

(a) (b) (e)

SIRVA Worldwide Inc

TL 1L 07/18

LIBOR (3M) + 5.50%

10.13%

8/4/2025

USA

USD

1,615,628

1,448,815

(d)

SIRVA Worldwide Inc

TL 2L 07/18

LIBOR (3M) + 9.50%

14.26%

8/3/2026

USA

USD

59,000

51,050

(d)

Industrial Machinery - 0.48%

CPM Holdings Inc

TL 2L 10/18

LIBOR (1M) + 8.25%

12.62%

11/16/2026

USA

USD

371,172

366,533

(d)

Engineered Machinery Holdings Inc

TL 2L 08/21

LIBOR (3M) + 6.00%

10.73%

5/21/2029

USA

USD

297,640

272,573

(d)

Time Manufacturing Co

Revolver 1L 12/21

LIBOR (3M) + 6.50%

0.50%

12/1/2027

USA

USD

153,560

92,082

(a) (b) (e)

Time Manufacturing Co

TL 1L 06/22

EURIBOR (3M) + 6.50%

8.42%

12/1/2027

DEU

EUR

372,332

382,387

(a) (b) (d)

Time Manufacturing Co

TL 1L 12/21

LIBOR (3M) + 6.50%

11.23%

12/1/2027

USA

USD

921,425

870,839

(a) (b) (d)

Time Manufacturing Co

TL 1L 12/21

EURIBOR (3M) + 6.50%

8.42%

12/1/2027

DEU

EUR

594,000

610,040

(a) (b) (d)

Insurance Brokers - 3.92%

Alera Group Intermediate Holdings Inc

TL 1L 09/21

SOFR (1M) + 6.10%

10.66%

10/2/2028

USA

USD

655,236

635,579

(a) (b) (d)

Alera Group Intermediate Holdings Inc

TL 1L DD 09/21

SOFR (1M) + 6.10%

10.66%

10/2/2028

USA

USD

186,208

180,622

(a) (b) (d)

Alera Group Intermediate Holdings Inc

TL 1L DD 12/21

SOFR (1M) + 6.10%

10.66%

10/2/2028

USA

USD

538,485

522,330

(a) (b) (d)

CFC Underwriting Ltd

TL 1L B 05/22

SOFR (3M) + 5.00%

9.30%

5/16/2029

GBR

USD

5,343,384

5,349,796

(a) (b) (d)

CFC Underwriting Ltd

TL 1L DD 05/22

SOFR (3M) + 5.00%

1.00%

5/16/2029

GBR

GBP

630,571

932

(a) (b) (e)

Foundation Risk Partners Corp

Revolver 1L 10/21

SOFR (3M) + 6.10%

0.38%

10/29/2027

USA

USD

141,750

55,051

(a) (b) (e)

Foundation Risk Partners Corp

TL 1L 03/22

SOFR (3M) + 6.10%

10.68%

10/29/2028

USA

USD

833,827

814,315

(a) (b) (d)

Foundation Risk Partners Corp

TL 1L 10/21

SOFR (3M) + 6.10%

10.68%

10/29/2028

USA

USD

1,332,352

1,301,175

(a) (b) (d)

Foundation Risk Partners Corp

TL 1L DD 03/22

SOFR (3M) + 6.10%

4.62%

10/29/2028

USA

USD

3,355,421

1,922,618

(a) (b) (e)

Foundation Risk Partners Corp

TL 1L DD 10/21

SOFR (3M) + 6.10%

10.68%

10/29/2028

USA

USD

289,772

282,992

(a) (b) (d)

Galway Partners Holdings LLC

Revolver 1L 09/21

LIBOR (3M) + 5.25%

0.50%

9/30/2027

USA

USD

205,492

(41

)

(a) (b) (e)

Galway Partners Holdings LLC

TL 1L 09/21

LIBOR (3M) + 5.25%

9.98%

9/29/2028

USA

USD

2,637,960

2,637,434

(a) (b)

Galway Partners Holdings LLC

TL 1L DD 09/21

LIBOR (3M) + 5.25%

1.00%

9/29/2028

USA

USD

26,576

(5

)

(a) (b) (e)

Integrity Marketing Group LLC

TL 1L DD 06/22

SOFR (6M) + 5.75%

5.24%

8/27/2025

USA

USD

5,573,239

4,518,163

(a) (b) (e)

Integrity Marketing Group LLC

TL 1L DD 12/21

LIBOR (3M) + 6.02%

8.55%

8/27/2025

USA

USD

2,930,839

2,911,496

(a) (b) (d)

Internet & Direct Marketing Retail - 0.26%

AutoScout24 GmbH

TL 1L B 02/20

EURIBOR (6M) + 3.25%

5.11%

3/31/2027

DEU

EUR

771,730

789,974

(d)

AutoScout24 GmbH

TL 2L 01/20

EURIBOR (6M) + 6.25%

8.11%

3/31/2028

DEU

EUR

630,070

582,615

(d)

IT Consulting & Other Services - 3.47%

3Pillar Global Inc

Revolver 1L 11/21

LIBOR (3M) + 6.00%

0.50%

11/23/2026

USA

USD

186,240

(6,481

)

(a) (b) (e)

3Pillar Global Inc

TL 1L 11/21

LIBOR (3M) + 6.00%

10.70%

11/23/2027

USA

USD

1,935,958

1,868,587

(a) (b) (d)

3Pillar Global Inc

TL 1L DD 11/21

LIBOR (3M) + 6.00%

2.52%

11/23/2027

USA

USD

620,511

93,586

(a) (b) (e)

PSAV Inc

TL 1L B1 12/20

0.25% PIK, LIBOR (3M) + 3.25%

7.88%

3/3/2025

USA

USD

10,284,092

9,667,046

(d) (f)

PSAV Inc

TL 1L B3 12/20

10.00% PIK, 5.00%

15.00%

10/15/2026

USA

USD

627,741

663,446

(d) (f)

PSAV Inc

TL 2L 02/18

LIBOR (1M) + 7.25%

11.65%

9/1/2025

USA

USD

7,628,543

6,369,834

(d)

Leisure Facilities - 0.87%

Aimbridge Acquisition Co Inc

TL 1L B 10/19

LIBOR (1M) + 3.75%

8.32%

2/2/2026

USA

USD

732,452

678,126

(d)

United PF Holdings LLC

TL 1L 01/20

LIBOR (3M) + 4.00%

8.73%

12/30/2026

USA

USD

5,018,383

3,956,995

(d)

United PF Holdings LLC

TL 1L B 06/20

LIBOR (3M) + 8.50%

13.23%

12/30/2026

USA

USD

55,703

44,562

(d)

Leisure Products - 2.22%

Areas Worldwide SASU

TL 1L B1 06/19

EURIBOR (6M) + 4.75%

7.19%

7/1/2026

ESP

EUR

12,328,214

11,935,158

(d)

Life & Health Insurance - 0.57%

Luxembourg Life Fund - Absolute Return Fund II

TL 1L 02/22

SOFR (3M) + 7.50%

11.05%

2/10/2027

LUX

USD

3,108,161

3,082,363

(b)

Life Sciences Tools & Services - 1.06%

PAREXEL International Corp

TL 2L 07/21

LIBOR (1M) + 6.50%

11.07%

11/15/2029

USA

USD

5,766,010

5,682,979

(b) (d)

Movies & Entertainment - 0.23%

Cast & Crew Entertainment Services LLC

TL 1L 01/19

LIBOR (1M) + 3.50%

8.07%

2/9/2026

USA

USD

1,035,758

1,035,323

(d)

Formula One

TL 1L B 11/22

SOFR (1M) + 3.25%

7.81%

1/15/2030

LUX

USD

191,120

192,096

(d)

Oil & Gas Storage & Transportation - 0.42%

Oryx Midstream Services LLC

TL 1L B 09/21

LIBOR (3M) + 3.25%

7.92%

10/5/2028

USA

USD

2,261,970

2,258,668

(d)

Packaged Foods & Meats - 0.27%

Nomad Foods US LLC

TL 1L B 10/22

SOFR (3M) + 4.00%

8.23%

11/12/2029

USA

USD

944,740

948,613

(d)

Solina France SASU

TL 1L 10/22

SOFR (6M) + 6.25%

10.70%

7/31/2028

FRA

USD

500,000

493,000

(a) (b) (d)

Personal Products - 0.14%

Pretium Packaging LLC

TL 1L 09/21

LIBOR (3M) + 4.00%

8.78%

10/2/2028

USA

USD

65,211

57,599

(d)

Pretium Packaging LLC

TL 2L 09/21

LIBOR (3M) + 6.75%

11.51%

10/1/2029

USA

USD

810,470

696,194

(b) (d)

Pharmaceuticals - 0.17%

iNova Pharmaceuticals (Australia) Pty Limited

TL 1L B 10/22

BBSY (6M) + 6.50%

10.16%

10/30/2028

AUS

AUD

1,317,795

909,209

(b) (d)

iNova Pharmaceuticals (Australia) Pty Limited

TL 1L DD - C 10/22

BBSY (6M) + 2.60%

2.60%

10/30/2028

AUS

AUD

133,689

(2,075

)

(b) (e)

Property & Casualty Insurance - 1.00%

Alacrity Solutions Group LLC

Revolver 1L 12/21

PRIME (3M) + 4.25%

0.50%

12/22/2027

USA

USD

505,280

61,644

(b) (e)

Alacrity Solutions Group LLC

TL 1L 12/21

LIBOR (1M) + 5.25%

9.82%

12/22/2028

USA

USD

5,554,361

5,398,838

(b) (d)

Alacrity Solutions Group LLC

TL 1L DD 06/22

SOFR (3M) + 1.00%

1.00%

12/22/2028

USA

USD

2,469,245

(69,139

)

(b) (e)

Publishing - 0.00%

Emerald Expositions Holding Inc

TL 1L B 11/17

LIBOR (1M) + 2.50%

7.07%

5/22/2024

USA

USD

6,076

5,976

(d)

Real Estate Operating Companies - 0.85%

Opendoor Labs Inc

TL 2L DD 10/21

10.00%

10.00%

4/1/2026

USA

USD

4,886,391

4,588,322

(a) (b)

Real Estate Services  - 0.40%

SitusAMC Holdings Corp

TL 1L 12/21

LIBOR (3M) + 5.75%

9.17%

12/22/2027

USA

USD

2,219,259

2,160,227

(a) (b) (d)

Research & Consulting Services - 2.51%

Element Materials Technology Group US Holdings Inc

TL 1L B 03/22

EURIBOR (3M) + 4.25%

6.45%

7/6/2029

GBR

EUR

51,387

55,468

(d)

Element Materials Technology Group US Holdings Inc

TL 1L B 04/22

SOFR (3M) + 4.35%

8.93%

6/22/2029

USA

USD

143,710

142,812

(d)

Element Materials Technology Group US Holdings Inc

TL 1L DD - B 04/22

SOFR (3M) + 4.35%

9.06%

6/22/2029

USA

USD

66,328

65,913

(d)

Element Materials Technology Group US Holdings Inc

TL 2L 07/22

SONIA (3M) + 7.25%

10.68%

6/24/2030

GBR

GBP

1,336,815

1,625,822

(b) (d)

Element Materials Technology Group US Holdings Inc

TL 2L DD 06/22

SONIA (3M) + 7.25%

10.68%

6/24/2030

USA

GBP

413,113

502,425

(b) (d)

Element Materials Technology Group US Holdings Inc

TL Unsec DD 07/22

13.08% PIK

13.08%

7/9/2031

USA

USD

5,658,219

5,388,322

(b) (f)

HKA

TL 1L B 08/22

SOFR (3M) + 5.75%

8.74%

8/9/2029

GBR

USD

4,176,369

4,038,131

(b) (d)

HKA

TL 1L DD (CAR) 08/22

SOFR (3M) + 5.75%

4.47%

8/9/2029

GBR

USD

1,318,854

1,044,828

(b) (e)

TMF Group Holding BV

TL 2L 12/17

EURIBOR (3M) + 6.63%

8.80%

5/4/2026

NLD

EUR

693,210

727,051

(d)

Security & Alarm Services - 0.03%

Monitronics International Inc

TL 1L EXIT 08/19

LIBOR (3M) + 7.50%

12.33%

3/29/2024

USA

USD

243,930

159,774

(d)

Specialized Consumer Services - 0.35%

NPD Group Inc/The

Revolver 1L 08/22

SOFR (3M) + 5.75%

0.50%

12/1/2027

USA

USD

51,095

7,153

(a) (b) (e)

NPD Group Inc/The

TL 1L 08/22

2.75% PIK, SOFR (3M) + 6.25%

10.61%

12/1/2028

USA

USD

960,340

979,547

(a) (b) (d) (f) (h)

SavATree LLC

Revolver 1L 10/21

LIBOR (3M) + 5.25%

0.38%

10/12/2028

USA

USD

128,932

(1,264

)

(a) (b) (e)

SavATree LLC

TL 1L 10/21

LIBOR (3M) + 5.25%

9.98%

10/12/2028

USA

USD

915,871

906,897

(a) (b)

SavATree LLC

TL 1L DD 10/21

LIBOR (3M) + 5.25%

1.23%

10/12/2028

USA

USD

81,228

5,393

(a) (b) (e)

Specialized Finance - 0.03%

Bankers Healthcare Group LLC

TL 1L DD 11/22

SOFR (1M) + 3.93%

7.90%

11/8/2027

USA

USD

140,740

144,695

(a) (b)

Specialized REITs  - 0.60%

Pretium Partners LLC P2

TL 1L 12/21

11.00%

11.00%

12/16/2029

USA

USD

3,270,612

3,205,200

(a) (b) (d)

Specialty Chemicals - 3.46%

Aruba Investments Inc

TL 2L 10/20

LIBOR (1M) + 7.75%

12.30%

11/24/2028

USA

USD

465,220

422,962

(d)

Flint Group GmbH

TL 1L 01/17

0.75% PIK, LIBOR (3M) + 4.25%

0.75%

9/21/2023

USA

USD

1,169,530

792,772

(a) (f)

Flint Group GmbH

TL 1L B 04/14

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

3,505,793

2,554,343

(a) (f)

Flint Group GmbH

TL 1L B3 05/15

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

71,892

52,381

(a) (f)

Flint Group GmbH

TL 1L B4 11/15

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

622,598

453,628

(a) (f)

Flint Group GmbH

TL 1L B5 02/17

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

456,770

332,805

(a) (f)

Flint Group GmbH

TL 1L B6 03/17

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

35,894

26,152

(a) (f)

Flint Group GmbH

TL 1L B7 04/14

0.75% PIK, EURIBOR (3M) + 4.25%

0.75%

9/21/2023

DEU

EUR

79,627

58,017

(a) (f)

Flint Group GmbH

TL 1L C 04/14

0.75% PIK, LIBOR (3M) + 4.50%

0.75%

9/21/2023

USA

USD

194,162

131,613

(a) (f)

Vantage Specialty Chemicals Inc

TL 1L B 10/17

LIBOR (3M) + 3.50%

8.28%

10/28/2024

USA

USD

13,042,338

12,921,435

(d)

Vantage Specialty Chemicals Inc

TL 2L 10/17

LIBOR (3M) + 8.25%

12.98%

10/27/2025

USA

USD

1,045,139

983,899

(d)

Trading Companies & Distributors - 0.17%

Radwell International LLC/PA

Revolver 1L 04/22

SOFR (3M) + 6.63%

0.38%

4/1/2028

USA

USD

68,154

-

(a) (b) (e)

Radwell International LLC/PA

TL 1L 04/22

SOFR (3M) + 6.63%

10.18%

4/1/2029

USA

USD

24,298

24,198

(a) (b) (d)

Radwell International LLC/PA

TL 1L 12/22

SOFR (3M) + 6.75%

11.33%

4/1/2029

USA

USD

908,726

916,178

(a) (b) (d)

Trucking - 0.43%

Kenan Advantage Group Inc/The

TL 2L 08/21

LIBOR (1M) + 7.25%

11.82%

9/1/2027

USA

USD

2,498,320

2,335,929

(d)

TOTAL LEVERAGED LOANS (Amortized cost $388,248,923)

$

364,091,193

High Yield Securities - 50.56%

Aerospace & Defense - 0.73%

Ultra Electronics Holdings PLC

7.25%01/2030

1/31/2030

USA

USD

2,162,000

$

2,021,470

(a) (b)

Ultra Electronics Holdings PLC

9.0% PIK 01/2031

1/31/2031

USA

USD

2,000,179

1,868,967

(a) (b) (f)

Airlines - 1.56%

American Airlines Group Inc

3.750% 03/2025

3/1/2025

USA

USD

8,971,000

8,413,793

(d) (h)

Alternative Carriers - 0.91%

Zayo Group LLC

6.125% 03/2028

3/1/2028

USA

USD

7,145,000

4,923,512

(d) (h)

Apparel, Accessories & Luxury Goods - 0.44%

Varsity Brands Inc

L+8.000% 12/2024

12/22/2024

USA

USD

2,387,000

2,387,000

(b) (d) (h)

Application Software - 2.11%

Cision Ltd

9.500% 02/2028

2/15/2028

USA

USD

10,042,000

3,870,006

(d) (h)

TeamSystem SpA

6.250% 02/2028

2/15/2028

ITA

EUR

496,000

547,608

(b) (d) (h)

TIBCO Software Inc

6.500% 03/2029

3/31/2029

USA

USD

7,917,000

6,958,441

(d) (h)

Auto Parts & Equipment - 0.76%

Wheel Pros Inc

6.500% 05/2029

5/15/2029

USA

USD

10,121,000

4,096,566

(d) (h)

Automobile Manufacturers - 0.26%

Thor Industries Inc

4.000% 10/2029

10/15/2029

USA

USD

1,664,000

1,385,729

(d) (h)

Automotive Retail - 1.58%

Mavis Discount Tire Inc

6.500% 05/2029

5/15/2029

USA

USD

9,975,000

8,515,009

(d) (h)

Broadcasting - 1.24%

Spotify USA Inc

0.000% 03/2026

3/15/2026

USA

USD

7,930,000

6,653,270

(d) (g)

Building Products - 8.70%

Acproducts Inc (aka Cabinetworks)

6.375% 05/2029

5/15/2029

USA

USD

17,269,000

10,548,527

(d) (h)

Cornerstone (Ply Gem Holdings Inc)

8.750% 08/2028

8/1/2028

USA

USD

1,826,000

1,719,179

(d) (h)

LBM Borrower LLC

6.250% 01/2029

1/15/2029

USA

USD

8,694,000

6,619,612

(d) (h)

LBM Borrower LLC

7.750% 04/2027

4/1/2027

USA

USD

5,183,000

3,894,195

(d) (h)

Oldcastle Buildingenvelope Inc

9.500% 04/2030

4/15/2030

USA

USD

152,000

136,231

(d) (h)

Patrick Industries Inc

1.750% 12/2028

12/1/2028

USA

USD

603,000

545,715

(d)

Patrick Industries Inc

4.750% 05/2029

5/1/2029

USA

USD

1,222,000

1,046,325

(d) (h)

PrimeSource Building Products Inc

5.625% 02/2029

2/1/2029

USA

USD

7,169,000

5,011,346

(d) (h)

PrimeSource Building Products Inc

6.750% 08/2029

8/1/2029

USA

USD

4,981,000

3,542,886

(d) (h)

SRS Distribution Inc

6.000% 12/2029

12/1/2029

USA

USD

8,573,000

7,335,530

(d) (h)

SRS Distribution Inc

6.125% 07/2029

7/1/2029

USA

USD

7,529,000

6,484,464

(d) (h)

Cable & Satellite - 1.64%

Cablevision Lightpath LLC

5.625% 09/2028

9/15/2028

USA

USD

811,000

623,432

(d) (h)

CSC Holdings LLC (Altice USA)

5.000% 11/2031

11/15/2031

USA

USD

2,754,000

1,655,719

(d) (h)

CSC Holdings LLC (Altice USA)

5.750% 01/2030

1/15/2030

USA

USD

5,101,000

3,220,134

(d) (h)

RCN Grande (Radiate)

6.500% 09/2028

9/15/2028

USA

USD

6,272,000

3,275,960

(d) (h)

Commercial Printing - 0.87%

Multi-Color Corp

10.5007% 0/2027

7/15/2027

USA

USD

4,551,000

4,335,419

(d) (h)

Multi-Color Corp

8.250% 11/2029

11/1/2029

USA

USD

396,000

332,888

(d) (h)

Commodity Chemicals - 0.42%

SI Group Inc

6.750% 05/2026

5/15/2026

USA

USD

4,943,000

2,235,571

(d) (h)

Construction & Engineering - 0.45%

Maxim Crane Works LP / Maxim Finance Corp

10.125% 08/2024

8/1/2024

USA

USD

2,483,000

2,401,103

(d) (h)

Data Processing & Outsourced Services - 0.11%

Xerox Business Services /Conduent

6.000% 11/2029

11/1/2029

USA

USD

673,000

596,625

(d) (h)

Department Stores - 0.00%

JC Penney Corp Inc

8.625% 03/2025

3/15/2025

USA

USD

97,819

-

(b) (c) (h)

Electronic Components - 1.75%

CommScope Inc

6.000% 06/2025

6/15/2025

USA

USD

7,686,000

7,287,635

(d) (h)

CommScope Inc

7.125% 07/2028

7/1/2028

USA

USD

2,770,000

2,173,469

(d) (h)

Health Care Equipment - 1.10%

Haemonetics Corp

0.000% 03/2026

3/1/2026

USA

USD

6,892,000

5,914,025

(g)

Health Care Facilities - 1.54%

AHP Health Partners Inc

5.750% 07/2029

7/15/2029

USA

USD

109,000

89,806

(d) (h)

CHS/Community Health Systems, Inc.

6.125% 04/2030

4/1/2030

USA

USD

2,234,000

1,346,048

(d) (h)

CHS/Community Health Systems, Inc.

6.875% 04/2028

4/1/2028

USA

USD

3,254,000

1,996,638

(d) (h)

CHS/Community Health Systems, Inc.

6.875% 04/2029

4/15/2029

USA

USD

599,000

379,796

(d) (h)

LifePoint Hospitals Inc

5.375% 01/2029

1/15/2029

USA

USD

6,718,000

4,495,793

(d) (h)

Health Care Technology - 0.44%

athenahealth Inc

6.500% 02/2030

2/15/2030

USA

USD

2,859,000

2,372,332

(d) (h)

Hotels, Resorts & Cruise Lines - 7.76%

Carnival Corp

5.750% 03/2027

3/1/2027

USA

USD

12,193,000

10,137,382

(d) (h)

Carnival Corp

6.000% 05/2029

5/1/2029

USA

USD

6,033,000

4,773,641

(d) (h)

NCL Corp Ltd

1.125% 02/2027

2/15/2027

USA

USD

3,608,000

2,769,140

(d)

NCL Corp Ltd

3.625% 12/2024

12/15/2024

USA

USD

9,263,000

8,707,868

(d) (h)

NCL Corp Ltd

6.125% 03/2028

3/15/2028

USA

USD

833,000

678,066

(d) (h)

Royal Caribbean Cruises Ltd

11.625% 08/2027

8/15/2027

USA

USD

362,000

384,625

(d) (h)

Royal Caribbean Cruises Ltd

5.500% 04/2028

4/1/2028

USA

USD

8,085,000

6,963,772

(d) (h)

Viking Cruises Ltd

5.875% 09/2027

9/15/2027

USA

USD

3,008,000

2,566,997

(d) (h)

Viking Cruises Ltd

7.000% 02/2029

2/15/2029

USA

USD

5,473,000

4,768,652

(d) (h)

Industrial Conglomerates - 0.79%

Unifrax I LLC / Unifrax Holding Co

5.250% 09/2028

9/30/2028

USA

USD

3,573,000

3,065,559

(d) (h)

Unifrax I LLC / Unifrax Holding Co

7.500% 09/2029

9/30/2029

USA

USD

1,674,000

1,207,642

(d) (h)

Industrial Machinery - 1.99%

SPX FLOW Inc

8.750% 04/2030

4/1/2030

USA

USD

13,032,000

10,743,424

(d) (h)

Insurance Brokers - 2.85%

Hub International Ltd

5.625% 12/2029

12/1/2029

USA

USD

1,888,000

1,691,774

(d) (h)

National Financial Partners Corp

6.875% 08/2028

8/15/2028

USA

USD

15,791,000

13,673,506

(d) (h)

Integrated Oil & Gas - 0.71%

Occidental Petroleum Corp

4.100% 02/2047

2/15/2047

USA

USD

2,828,000

2,262,400

(d)

Occidental Petroleum Corp

4.200% 03/2048

3/15/2048

USA

USD

2,001,000

1,583,784

(d)

Leisure Facilities - 2.14%

Life Time Fitness Inc

5.750% 01/2026

1/15/2026

USA

USD

157,000

151,087

(d) (h)

Merlin Entertainments PLC

4.500% 11/2027

11/15/2027

IRL

EUR

4,898,000

4,693,096

(d) (h)

Merlin Entertainments PLC

6.625% 11/2027

11/15/2027

IRL

USD

7,389,000

6,698,099

(d) (h)

Oil & Gas Storage & Transportation - 3.25%

Genesis Energy

6.500% 10/2025

10/1/2025

USA

USD

8,199,000

8,065,766

(d)

Genesis Energy

8.875% 04/2030

4/15/2030

USA

USD

2,175,000

2,213,041

(d)

NGL Energy Partners LP / NGL Energy Finance Corp

7.500% 02/2026

2/1/2026

USA

USD

7,609,000

7,236,760

(d) (h)

Real Estate Services  - 0.83%

Redfin Corp

0.000% 10/2025

10/15/2025

USA

USD

6,764,000

4,489,605

(d) (g)

Restaurants - 0.20%

Golden Nugget Inc.

6.750

1/15/2030

USA

USD

1,317,000

1,094,717

(d) (h)

Security & Alarm Services - 0.10%

Verisure Holding AB

3.875% 07/2026

7/15/2026

SWE

EUR

534,000

539,141

(d) (h)

Specialty Stores - 2.54%

Douglas Holding AG

6.000% 04/2026

4/8/2026

DEU

EUR

8,654,000

8,166,169

(d) (h)

Douglas Holding AG

8.250% 10/2026

10/1/2026

DEU

EUR

7,204,814

5,519,580

(d) (h)

Technology Hardware, Storage & Peripherals - 0.11%

Lenovo Group Ltd

10.50% 09/2024 Class D

9/30/2024

HKG

EUR

90,524

98,379

(a) (b)

Lenovo Group Ltd

10.50% 09/2024 Class D

9/30/2024

HKG

GBP

20,573

25,353

(a) (b)

Lenovo Group Ltd

10.50% 09/2024 Class D

9/30/2024

HKG

USD

117,599

117,611

(a) (b)

Lenovo Group Ltd

6.50% 09/2024 Class C

9/30/2024

HKG

EUR

125,603

136,502

(a) (b)

Lenovo Group Ltd

6.50% 09/2024 Class C

9/30/2024

HKG

GBP

28,545

35,177

(a) (b)

Lenovo Group Ltd

6.50% 09/2024 Class C

9/30/2024

HKG

USD

163,170

163,186

(a) (b)

Trading Companies & Distributors - 0.68%

TruckPro LLC

11.000% 10/2024

10/15/2024

USA

USD

3,746,000

3,658,688

(d) (h)

TOTAL HIGH YIELD SECURITIES (Amortized cost $334,089,407)

$

272,337,963

Asset Backed Securities - 9.50%

Diversified Real Estate Activities  - 0.01%

Connecticut Avenue Securities Trust 2022-R07

CAS 2022-R07 1B1

SOFR (3M) + 6.80%

11.11%

6/25/2042

USA

USD

43,510

$

46,373

(h)

Specialized Finance - 9.49%

Accunia European CLO III DAC

ACCUN 3A C

EURIBOR (3M) + 1.90%

4.24%

1/20/2031

IRL

EUR

302,000

306,020

(b) (h)

Adagio IX EUR CLO DAC

ADAGI IX-A B1

EURIBOR (3M) + 1.70%

3.75%

9/15/2034

IRL

EUR

716,000

737,827

(b) (h)

AGL CLO 7 Ltd

AGL 2020-7A ER

LIBOR (3M) + 6.35%

11.18%

7/15/2034

USA

USD

1,187,688

1,060,558

(b) (h)

Aimco CDO

AIMCO 2021-16A E

LIBOR (3M) + 6.20%

11.03%

1/17/2035

USA

USD

1,075,210

991,231

(b) (h)

ALM Loan Funding Ltd

ALM 2020-1A D

LIBOR (3M) + 6.00%

10.83%

10/15/2029

USA

USD

865,360

792,040

(b) (h)

Arbour CLO II DAC

ARBR 2014-2A B1RR

EURIBOR (3M) + 1.50%

3.79%

4/15/2034

IRL

EUR

1,099,000

1,124,778

(b) (h)

Arbour CLO IV DAC

ARBR 4A BRR

EURIBOR (3M) + 1.30%

3.59%

4/15/2034

IRL

EUR

724,000

738,870

(b) (h)

Arbour CLO IV DAC

ARBR 4A CRR

EURIBOR (3M) + 2.05%

4.34%

4/15/2034

IRL

EUR

408,000

407,360

(b) (h)

ARES CLO Ltd

ARESE 15A E

EURIBOR (3M) + 6.11%

8.40%

1/15/2036

IRL

EUR

879,000

808,477

(b) (h)

Ares LXV CLO Ltd

ARES 2022-65A E

SOFR (3M) + 7.10%

11.76%

7/25/2034

USA

USD

1,078,040

950,718

(b) (h)

Avondale Park CLO DAC

AVDPK 1A CR

EURIBOR (3M) + 2.20%

4.25%

9/20/2034

IRL

EUR

400,000

401,346

(b) (h)

Ballyrock CDO Ltd

BALLY 2020-14A D

LIBOR (3M) + 7.00%

11.81%

1/20/2034

USA

USD

250,000

234,391

(b) (h)

Ballyrock CLO Ltd

BALLY 2019-1A DR

LIBOR (3M) + 6.75%

11.58%

7/15/2032

USA

USD

431,180

405,989

(b) (h)

Barings Euro CLO 2020-1 DAC

BABSE 2020-1A BR

EURIBOR (3M) + 1.75%

4.14%

10/21/2034

IRL

EUR

1,898,750

1,966,753

(b) (h)

Bbam US Clo I Ltd

BBAM 2022-1A D

SOFR (3M) + 6.80%

11.46%

4/15/2035

USA

USD

1,285,000

1,157,495

(b) (h)

Broad River BSL Funding CLO

BDRVR 2020-1A ER

LIBOR (3M) + 6.50%

11.31%

7/20/2034

USA

USD

1,500,000

1,471,692

(b) (h)

Capital Four US CLO Ltd

C4US 2022-1A D

SOFR (3M) + 5.36%

9.03%

10/20/2030

USA

USD

363,664

355,565

(b) (h)

Carlyle Global Market Strategies

CGMS 2020-2A DR

LIBOR (3M) + 6.70%

11.52%

1/25/2035

USA

USD

640,460

601,995

(b) (h)

Carlyle Global Market Strategies

CGMS 2021-8A E

LIBOR (3M) + 6.50%

11.33%

10/15/2034

USA

USD

370,690

327,660

(b) (h)

Carlyle Global Market Strategies

CGMS 2021-9A E Mtge

LIBOR (3M) + 6.63%

11.44%

10/20/2034

USA

USD

819,560

726,100

(b) (h)

CarVal CLO

CARVL 2021-1A E

LIBOR (3M) + 6.60%

11.41%

7/20/2034

USA

USD

2,000,000

1,883,748

(b) (h)

CarVal CLO

CARVL 2021-2A E

LIBOR (3M) + 6.75%

11.58%

10/15/2034

USA

USD

446,919

426,630

(b) (h)

CIFC European Funding CLO IV DAC

CIFCE 4A C

EURIBOR (3M) + 2.10%

4.43%

8/18/2035

IRL

EUR

1,088,000

1,108,898

(b) (h)

CIFC Funding Ltd

CIFC 2021-7A E

LIBOR (3M) + 6.35%

11.17%

1/23/2035

USA

USD

644,186

582,244

(b) (h)

Connecticut Avenue Securities Trust 2022-R08

CAS 2022-R08 1B1

SOFR (3M) + 5.60%

9.91%

7/25/2042

USA

USD

29,425

30,180

(h)

CVC Cordatus Loan Fund IV DAC

CORDA 4A CRRR

EURIBOR (3M) + 2.10%

3.92%

2/22/2034

IRL

EUR

291,000

292,849

(b) (h)

CVC Cordatus Loan Fund XVIII DAC

CORDA 18A ER

EURIBOR (3M) + 6.06%

8.54%

7/29/2034

IRL

EUR

1,198,000

1,081,408

(b) (h)

Dryden Senior Loan Fund

DRSLF 2021-92A E

LIBOR (3M) + 6.50%

11.18%

11/20/2034

USA

USD

463,342

398,617

(b) (h)

Eaton Vance CDO Ltd

EATON 2020-2A ER

LIBOR (3M) + 6.50%

11.33%

1/15/2035

USA

USD

510,460

472,452

(b) (h)

Elmwood CLO

ELMW5 2020-2A ER

LIBOR (3M) + 6.10%

10.91%

10/20/2034

USA

USD

1,500,000

1,397,088

(b) (h)

Elmwood CLO VI Ltd

ELMW6 2020-3A ER

LIBOR (3M) + 6.50%

11.31%

10/20/2034

USA

USD

558,701

548,190

(b) (h)

Goldentree Loan Management US Clo 12 Ltd

GLM 2022-12A E

SOFR (3M) + 7.25%

11.89%

4/20/2034

USA

USD

291,777

270,222

(b) (h)

Golub Capital Partners CLO Ltd

GCBSL 2021-58A E

LIBOR (3M) + 6.81%

11.63%

1/25/2035

USA

USD

549,013

517,791

(b) (h)

Guardia 1 Ltd

GUARD 2019-1A D

7.11%

7.11%

10/20/2037

USA

USD

1,550,000

1,261,265

(b) (h)

Gulf Stream Meridian

GSM 2021-6A D

LIBOR (3M) + 6.36%

11.19%

1/15/2037

USA

USD

1,118,253

1,026,022

(b) (h)

Harvest CLO VIII DAC

HARVT 8A CRR

EURIBOR (3M) + 1.65%

3.94%

1/15/2031

IRL

EUR

302,000

307,718

(b) (h)

Harvest CLO XXI DAC

HARVT 21A DR

EURIBOR (3M) + 3.40%

5.69%

7/15/2031

IRL

EUR

602,000

594,015

(b) (h)

Henley CLO III DAC

HNLY 3A CR

EURIBOR (3M) + 2.30%

4.75%

12/25/2035

IRL

EUR

638,000

628,269

(b) (h)

Kayne CLO 7 Ltd

KAYNE 2020-1A E

LIBOR (3M) + 6.50%

11.29%

4/17/2033

USA

USD

310,460

291,186

(b) (h)

Madison Park Funding LIX Ltd

MDPK 2021-59A E

LIBOR (3M) + 6.60%

11.39%

1/18/2034

USA

USD

814,787

769,155

(b) (h)

Madison Park Funding Ltd

MDPK 2021-52A E

LIBOR (3M) + 6.50%

11.32%

1/22/2035

USA

USD

742,891

697,657

(b) (h)

Madison Park Funding XLV Ltd

MDPK 2020-45A ER

LIBOR (3M) + 6.35%

11.18%

7/15/2034

USA

USD

429,000

394,964

(b) (h)

Man GLG Euro CLO I DAC

GLGE 1A CRR

EURIBOR (3M) + 1.60%

3.89%

10/15/2030

IRL

EUR

704,000

717,736

(b) (h)

Morgan Stanley Eaton Vance CLO Ltd

MSEV 2021-1A E

LIBOR (3M) + 6.75%

11.57%

10/20/2034

USA

USD

520,000

462,488

(b) (h)

Neuberger Berman CLO Ltd

NEUB 2021-46A E

LIBOR (3M) + 6.25%

11.06%

1/20/2036

USA

USD

1,067,761

987,268

(b) (h)

Neuberger Berman Loan Advisers Euro CLO 2 DAC

NEUBE 2021-2A C

EURIBOR (3M) + 2.20%

4.49%

4/15/2034

IRL

EUR

449,000

453,208

(b) (h)

Oak Hill Credit Partners

OAKC 2021-10A E

LIBOR (3M) + 6.25%

11.04%

1/18/2036

USA

USD

497,312

459,626

(b) (h)

Otranto Park

OTOPK 1A B

EURIBOR (3M) + 2.15%

3.95%

5/15/2035

IRL

EUR

708,000

739,398

(b) (h)

Otranto Park

OTOPK 1A E

EURIBOR (3M) + 7.05%

8.85%

5/15/2035

IRL

EUR

428,000

420,929

(b) (h)

Palmer Square CLO Ltd

PFIXD 2019-1A E

7.11%

7.11%

4/20/2037

USA

USD

930,641

781,413

(b) (h)

Palmer Square European CLO 2021-2 DAC

PLMER 2021-2A C

EURIBOR (3M) + 2.07%

4.36%

4/15/2035

IRL

EUR

1,429,000

1,436,072

(b) (h)

Pikes Peak CLO

PIPK 2021-9A E

LIBOR (3M) + 6.58%

11.39%

10/27/2034

USA

USD

405,000

368,357

(b) (h)

Post CLO

POST 2021-1A E

LIBOR (3M) + 6.45%

11.28%

10/15/2034

USA

USD

250,000

237,729

(b) (h)

PPM CLO 4 Ltd

PPMC 2020-4A ER

LIBOR (3M) + 6.50%

11.29%

10/18/2034

USA

USD

332,741

291,641

(b) (h)

Providus CLO IV DAC

PRVD 4A CR

EURIBOR (3M) + 2.20%

4.54%

4/20/2034

IRL

EUR

668,000

668,952

(b) (h)

Rad CLO Ltd

RAD 2021-14A E

LIBOR (3M) + 6.50%

11.33%

1/15/2035

USA

USD

335,000

305,072

(b) (h)

Rad CLO Ltd

RAD 2021-15A E

LIBOR (3M) + 6.20%

11.01%

1/20/2034

USA

USD

928,117

857,374

(b) (h)

REESE PARK CLO LTD

RESPK 2020-1A ER

LIBOR (3M) + 6.50%

11.33%

10/15/2034

USA

USD

1,375,020

1,204,293

(b) (h)

Regatta Funding Ltd

REG21 2021-3A E

LIBOR (3M) + 6.75%

11.56%

10/20/2034

USA

USD

321,680

302,636

(b) (h)

Regatta Funding Ltd

REG23 2021-4A E

LIBOR (3M) + 6.70%

11.51%

1/20/2035

USA

USD

804,000

753,204

(b) (h)

Regatta XX Funding Ltd

REG20 2021-2A E

LIBOR (3M) + 6.25%

11.08%

10/15/2034

USA

USD

208,000

202,599

(b) (h)

Rockford Tower Europe CLO 2018-1 DAC

RFTE 2018-1A C

EURIBOR (3M) + 2.47%

4.52%

12/20/2031

IRL

EUR

402,000

420,866

(b) (h)

RRE 1 Loan Management DAC

RRME 1A A2R

EURIBOR (3M) + 1.35%

3.64%

4/15/2035

IRL

EUR

358,000

365,496

(b) (h)

Sand Trust 2001-1

SAND 2021-1A E

LIBOR (3M) + 6.80%

10.88%

10/15/2034

USA

USD

643,000

581,770

(b) (h)

Sculptor European CLO I DAC

OZLME 1A CRR

EURIBOR (3M) + 2.30%

4.63%

4/18/2034

IRL

EUR

631,000

635,630

(b) (h)

Segovia European CLO 5-2018 DAC

SEGOV 2018-5A C

EURIBOR (3M) + 1.90%

4.23%

10/18/2031

IRL

EUR

442,000

452,447

(b) (h)

Segovia European CLO 6-2019 DAC

SEGOV 2019-6A C1R

EURIBOR (3M) + 2.35%

4.69%

7/20/2032

IRL

EUR

408,000

424,172

(b) (h)

SG Residential Mortgage Trust 2022-2

SGR 2022-2 B1

5.35%

5.35%

8/25/2062

USA

USD

57,502

49,022

(h)

Sound Point CLO Ltd

SNDPT 2021-1A E

LIBOR (3M) + 6.85%

11.67%

4/25/2034

USA

USD

290,000

241,425

(b) (h)

Sound Point Euro CLO

SNDPE 2A ER

EURIBOR (3M) + 6.34%

8.73%

1/26/2036

IRL

EUR

500,000

461,959

(b) (h)

St Paul’s CLO VII DAC

SPAUL 7A B1RR

EURIBOR (3M) + 1.65%

3.98%

7/18/2034

IRL

EUR

856,000

878,072

(b) (h)

Symphony CLO Ltd

SYMP 2020-22A E

LIBOR (3M) + 6.25%

11.04%

4/18/2033

USA

USD

598,680

556,133

(b) (h)

TICP CLO Ltd

TICP 2017-9A E

LIBOR (3M) + 5.60%

10.41%

1/20/2031

USA

USD

738,460

669,872

(b) (h)

Tikehau CLO DAC

TIKEH 2015-1A DRR EUR

EURIBOR (3M) + 3.40%

5.13%

8/4/2034

IRL

EUR

637,000

635,443

(b) (h)

Tikehau CLO V DAC

TIKEH 5A D1

EURIBOR (3M) + 3.90%

6.19%

4/15/2032

IRL

EUR

301,000

302,325

(b) (h)

Trinitas Euro CLO II DAC

TRNTE 2A ER

EURIBOR (3M) + 7.23%

8.61%

4/15/2035

IRL

EUR

1,770,566

1,772,026

(b) (h)

Voya Euro CLO II DAC

VOYE 2A CR

EURIBOR (3M) + 2.15%

4.44%

7/15/2035

IRL

EUR

378,000

386,249

(b) (h)

TOTAL ASSET BACKED SECURITIES (Amortized cost $53,073,618)

$

51,076,708

Issuer

Asset

Maturity Date

Country

Currency

Shares

Fair Value

Footnotes

Equity & Other Investments - 6.59%

Aerospace & Defense - 0.08%

Altitude II

Private Equity

CYM

USD

185,733

$

185,326

(b)

Ultra Electronics Holdings PLC

Private Equity

GBR

USD

43,729

41,779

(a) (b)

Ultra Electronics Holdings PLC

Private Equity

GBR

USD

23,486,307

237,212

(a) (b)

Application Software - 1.19%

Med-Metrix

Common Stock

USA

USD

597

66,284

(a) (b) (c)

Med-Metrix

8.00% 12/2050 PIK Pref Equity

12/16/2050

USA

USD

597

29,862

(a) (b) (f)

TIBCO Software Inc

12.00% Pref Equity

12/31/2069

USA

USD

6,451

6,275,743

(b) (d) (f)

Diversified Metals & Mining - 0.04%

Foresight Energy LLC

Common Stock

USA

USD

17,979

214,388

(a) (b) (c)

Diversified Real Estate Activities  - 0.04%

KKR Residential Opportunities I LLC

Private Equity

USA

USD

229,576

220,064

(b)

Diversified Support Services - 0.01%

Magna Legal Services LLC

Common Stock

USA

USD

618

61,808

(a) (b) (c)

Food Distributors - 0.01%

Lipari Foods LLC

Common Stock

USA

USD

63,878

61,693

(b) (c)

Health Care Services - 0.19%

Affordable Care Inc

11.75% 12/2069 PIK Pref Equity

12/31/2069

USA

USD

677,000

695,279

(a) (b) (f)

American Vision Partners

Private Equity

USA

USD

53,939

44,737

(a) (b)

Amerivet Partners Management Inc

11.50% 12/2059 Pref Equity PIK

12/31/2059

USA

USD

298

277,198

(a) (b) (f)

Health Care Technology - 2.33%

athenahealth Inc

Private Equity

USA

USD

12,641,498

12,572,349

(b)

Hotels, Resorts & Cruise Lines - 0.67%

Hilton Grand Vacations Inc

Common Stock

USA

USD

75,777

3,588,799

(c)

Leisure Facilities - 0.35%

Pure Gym Ltd

Private Equity

GBR

GBP

1,416,469

1,891,214

(a) (b)

Residential REITs - 1.41%

Avenue One PropCo

Private Equity

USA

USD

7,550,072

7,572,721

(a) (b)

Specialized REITs  - 0.27%

Pretium Partners LLC P2

Private Equity

USA

USD

1,635,306

1,462,438

(a) (b)

TOTAL EQUITY & OTHER INVESTMENTS (Cost $35,215,756)

$

35,498,894

Trade Claim - 0.00%

Health Care Facilities - 0.00%

Quorum Health Corp

Trade Claim

USA

USD

212,000

$

23,426

(a) (b)

TOTAL TRADE CLAIM (Cost $85,850)

$

23,426

TOTAL INVESTMENTS (Cost $810,713,554) - 134.26%

$

723,028,184

LIABILITIES EXCEEDING OTHER ASSETS, NET - (34.26%)

(184,489,988

)

NET ASSETS - 100.00%

$

538,538,196

TL	Term loan
DD	Delayed draw term loan
1L	First lien
2L	Second lien
(a)	Security considered restricted.
(b)	Value determined using significant unobservable inputs.
(c)	Non-income producing security.
(d)	Investment is held as collateral for the fund’s credit facility.
(e)	Investment is an unfunded or partially funded commitment.
(f)	Represents a payment-in-kind (“PIK”) security which may pay interest/dividend in additional par/shares.
(g)	Zero coupon bond.
(h)	Securities exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold to qualified institutional buyers in transactions exempt from registration.

The following are the details of the restricted securities held by the Fund:

Issuer	Asset	Par/Shares		Cost		Fair Value			Acquisition Date	% of Net Assets
Common Stock
Foresight Energy LLC	Common Stock		17,979	$	200,230	$	214,388		6/30/2020		0.04%
Magna Legal Services LLC	Common Stock		618		61,808		61,808		11/22/2022		0.01%
Med-Metrix	Common Stock		597		29,862		66,284		9/15/2021		0.01%
High Yield
Lenovo Group Ltd	10.50% 09/2024 Class D		117,599		117,599		117,611		9/14/2022		0.02%
Lenovo Group Ltd	10.50% 09/2024 Class D		90,524		90,321		98,379		9/14/2022		0.02%
Lenovo Group Ltd	10.50% 09/2024 Class D		20,573		23,741		25,353		9/14/2022		0.00%
Lenovo Group Ltd	6.50% 09/2024 Class C		125,603		125,321		136,502		9/14/2022		0.03%
Lenovo Group Ltd	6.50% 09/2024 Class C		28,545		32,941		35,177		9/14/2022		0.01%
Lenovo Group Ltd	6.50% 09/2024 Class C		163,170		163,170		163,186		9/14/2022		0.03%
Ultra Electronics Holdings PLC	7.25%01/2030		2,162,000		2,101,429		2,021,470		8/4/2022		0.38%
Ultra Electronics Holdings PLC	9.0% PIK 01/2031		2,000,179		1,943,675		1,868,967		8/4/2022		0.35%
Preferred Stock
Affordable Care Inc	11.75% 12/2069 PIK Pref Equity		677,000		663,528		695,279		8/2/2021		0.13%
Amerivet Partners Management Inc	11.50% 12/2059 Pref Equity PIK		298		288,779		277,198		2/25/2022		0.05%
Med-Metrix	8.00% 12/2050 PIK Pref Equity		597		29,862		29,862		9/15/2021		0.01%
Private Equity
American Vision Partners	Private Equity		53,939		54,546		44,737		9/30/2021		0.01%
Avenue One PropCo	Private Equity		7,550,072		7,550,072		7,572,721		4/4/2022		1.41%
Pretium Partners LLC P2	Private Equity		1,635,306		1,602,600		1,462,438		12/16/2021		0.27%
Pure Gym Ltd	Private Equity		1,416,469		1,925,990		1,891,214		1/28/2022		0.35%
Ultra Electronics Holdings PLC	Private Equity		23,486,307		234,863		237,212		8/2/2022		0.04%
Ultra Electronics Holdings PLC	Private Equity		43,729		44,431		41,779		9/8/2022		0.01%
Revolver
3Pillar Global Inc	Revolver 1L 11/21		186,240		-		(6,481	)	11/23/2021		0.00%
48Forty Solutions LLC	Revolver 1L 03/22		610,068		-		(7,748	)	3/11/2022		0.00%
Affordable Care Inc	Revolver 1L 08/21		177,081		14,166		11,953		8/2/2021		0.00%
American Vision Partners	Revolver 1L 09/21		158,140		63,256		59,097		9/30/2021		0.01%
Amerivet Partners Management Inc	Revolver 1L 02/22		197,240		-		(5,838	)	2/25/2022		0.00%
Arcfield Acquisition Corp	Revolver 1L 03/22		143,583		-		(2,786	)	3/10/2022		0.00%
Community Brands Inc	Revolver 1L 02/22		60,610		-		(1,709	)	2/24/2022		0.00%
Excelitas Technologies Corp	Revolver 1L 08/22		351,770		145,398		138,539		8/11/2022		0.03%
Follett Software Co	Revolver 1L 08/21		136,050		-		(1,619	)	8/31/2021		0.00%
Foundation Risk Partners Corp	Revolver 1L 10/21		141,750		56,688		55,051		10/29/2021		0.01%
Galway Partners Holdings LLC	Revolver 1L 09/21		205,492		-		(41	)	9/30/2021		0.00%
Insight Global LLC	Revolver 1L 09/21		427,591		64,139		58,665		9/22/2021		0.01%
Magna Legal Services LLC	Revolver 1L 11/22		26,940		-		(67	)	11/22/2022		0.00%
Med-Metrix	Revolver 1L 09/21		158,828		-		-		9/15/2021		0.00%
NPD Group Inc/The	Revolver 1L 08/22		51,095		7,153		7,153		8/1/2022		0.00%
Oxford Global Resources LLC	Revolver 1L 08/21		128,823		33,494		33,159		8/17/2021		0.01%
PartsSource Inc	Revolver 1L 10/21		87,104		-		(2,326	)	10/18/2021		0.00%
Radwell International LLC/PA	Revolver 1L 04/22		68,154		-		-		12/1/2022		0.00%
SAMBA Safety Inc	Revolver 1L 09/21		41,810		-		(176	)	9/1/2021		0.00%
SavATree LLC	Revolver 1L 10/21		128,932		-		(1,264	)	10/12/2021		0.00%
Time Manufacturing Co	Revolver 1L 12/21		153,560		100,512		92,082		12/1/2021		0.02%
Leveraged Loans
3Pillar Global Inc	TL 1L DD 11/21		620,511		110,207		93,586		11/23/2021		0.02%
3Pillar Global Inc	TL 1L 11/21		1,935,958		1,920,442		1,868,587		11/23/2021		0.35%
48Forty Solutions LLC	TL 1L 02/22		4,723,786		4,687,730		4,663,794		2/11/2022		0.87%
48Forty Solutions LLC	TL 1L 03/22		3,157,204		3,141,324		3,117,108		3/11/2022		0.58%
Affordable Care Inc	TL 1L DD 08/21		598,760		206,462		203,680		8/2/2021		0.04%
Affordable Care Inc	TL 1L 08/21		1,585,658		1,573,213		1,565,837		8/2/2021		0.29%
Alera Group Intermediate Holdings Inc	TL 1L DD 12/21		538,485		-		522,330		12/16/2021		0.10%
Alera Group Intermediate Holdings Inc	TL 1L DD 09/21		186,208		184,702		180,622		9/30/2021		0.03%
Alera Group Intermediate Holdings Inc	TL 1L 09/21		655,236		649,936		635,579		9/30/2021		0.12%
American Vision Partners	TL 1L 09/21		1,905,174		1,890,374		1,855,068		9/30/2021		0.34%
American Vision Partners	TL 1L DD 09/21		786,737		780,625		766,045		9/30/2021		0.14%
Amerivet Partners Management Inc	TL 1L 02/22		2,235,596		2,216,720		2,169,423		2/25/2022		0.40%
Amerivet Partners Management Inc	TL 1L DD 02/22		1,576,564		389,674		356,320		2/25/2022		0.07%
Arcfield Acquisition Corp	TL 1L 03/22		981,712		973,363		962,666		3/10/2022		0.18%
Bankers Healthcare Group LLC	TL 1L DD 11/22		140,740		140,740		144,695		11/8/2022		0.03%
Belk Inc	TL 1L 02/21		53,180		52,731		45,619		2/24/2021		0.01%
Belk Inc	TL 1L EXIT 02/21		997,211		658,089		185,107		2/24/2021		0.03%
CFC Underwriting Ltd	TL 1L B 05/22		5,343,384		5,223,435		5,349,796		5/16/2022		0.99%
CFC Underwriting Ltd	TL 1L DD 05/22		630,571		-		932		5/16/2022		0.00%
Community Brands Inc	TL 1L 02/22		1,022,573		1,005,314		993,736		2/24/2022		0.18%
Community Brands Inc	TL 1L DD 02/22		121,212		-		(3,418	)	2/24/2022		0.00%
Encora Digital Inc	TL 1L 12/21		1,652,370		1,624,596		1,581,153		12/20/2021		0.29%
Encora Digital Inc	TL 1L DD 12/21		398,160		391,467		380,999		12/20/2021		0.07%
Encora Digital Inc	TL 1L 12/21		482,470		471,169		458,829		12/20/2021		0.09%
Envirotainer Ltd	TL 1L DD 07/22		865,234		-		(39,677	)	7/29/2022		-0.01%
Envirotainer Ltd	TL 1L B1 07/22		4,739,642		4,734,999		4,933,039		7/29/2022		0.92%
Envirotainer Ltd	TL 1L B2 07/22		2,411,934		2,356,044		2,341,264		7/29/2022		0.43%
Excelitas Technologies Corp	TL 1L 08/22		602,699		616,492		642,159		8/11/2022		0.12%
Excelitas Technologies Corp	TL 1L 08/22		3,646,681		3,612,695		3,575,571		8/11/2022		0.66%
Excelitas Technologies Corp	TL 1L DD 08/22		703,540		-		(13,719	)	8/11/2022		0.00%
Flint Group GmbH	TL 1L 01/17		1,169,530		1,154,672		792,772		3/9/2021		0.15%
Flint Group GmbH	TL 1L B7 04/14		79,627		92,971		58,017		11/5/2020		0.01%
Flint Group GmbH	TL 1L B6 03/17		35,894		41,805		26,152		11/5/2020		0.00%
Flint Group GmbH	TL 1L B4 11/15		622,598		736,756		453,628		11/5/2020		0.08%
Flint Group GmbH	TL 1L B5 02/17		456,770		537,791		332,805		11/18/2020		0.06%
Flint Group GmbH	TL 1L B3 05/15		71,892		81,749		52,381		11/5/2020		0.01%
Flint Group GmbH	TL 1L B 04/14		3,505,793		4,105,018		2,554,343		11/5/2020		0.47%
Flint Group GmbH	TL 1L C 04/14		194,162		191,695		131,613		3/9/2021		0.02%
Follett Software Co	TL 1L 08/21		1,534,181		1,521,953		1,515,924		8/31/2021		0.28%
Foresight Energy LLC	TL 1L A 06/20		121,885		121,885		121,885		6/30/2020		0.02%
Foundation Risk Partners Corp	TL 1L DD 03/22		3,355,421		1,956,973		1,922,618		4/14/2022		0.36%
Foundation Risk Partners Corp	TL 1L 03/22		833,827		822,853		814,315		4/14/2022		0.15%
Foundation Risk Partners Corp	TL 1L 10/21		1,332,352		1,315,962		1,301,175		10/29/2021		0.24%
Foundation Risk Partners Corp	TL 1L DD 10/21		289,772		286,208		282,992		10/29/2021		0.05%
Galway Partners Holdings LLC	TL 1L 09/21		2,637,960		2,599,759		2,637,434		6/6/2022		0.49%
Galway Partners Holdings LLC	TL 1L DD 09/21		26,576		-		(5	)	9/30/2021		0.00%
Insight Global LLC	TL 1L 09/21		5,387,783		5,344,378		5,318,820		9/22/2021		0.99%
Insight Global LLC	TL 1L 02/22		1,042,940		1,038,461		1,029,591		2/28/2022		0.19%
Integrity Marketing Group LLC	TL 1L DD 06/22		5,573,239		4,465,047		4,518,163		6/21/2022		0.84%
Integrity Marketing Group LLC	TL 1L DD 12/21		2,930,839		2,900,585		2,911,496		12/3/2021		0.54%
Magna Legal Services LLC	TL 1L DD 11/22		64,660		-		(162	)	11/22/2022		0.00%
Magna Legal Services LLC	TL 1L 11/22		231,690		228,311		231,111		11/22/2022		0.04%
Med-Metrix	TL 1L 09/21		1,254,740		1,245,079		1,267,288		9/15/2021		0.24%
Med-Metrix	TL 1L DD 09/21		634,359		121,225		132,453		9/15/2021		0.02%
Novotech Pty Ltd	TL 1L DD 01/22		266,244		-		(5,591	)	1/14/2022		0.00%
Novotech Pty Ltd	TL 1L B1 01/22		1,579,895		1,118,874		1,086,031		1/14/2022		0.20%
Novotech Pty Ltd	TL 1L B2 01/22		1,144,851		1,123,597		1,120,809		1/14/2022		0.21%
NPD Group Inc/The	TL 1L 08/22		960,340		960,340		979,547		8/1/2022		0.18%
Opendoor Labs Inc	TL 2L DD 10/21		4,886,391		4,886,391		4,588,322		10/1/2021		0.85%
Oxford Global Resources LLC	TL 1L DD 08/21		257,645		115,021		116,301		8/17/2021		0.02%
Oxford Global Resources LLC	TL 1L 08/21		1,475,662		1,464,495		1,471,825		8/17/2021		0.27%
Oxford Global Resources LLC	TL 1L 06/22		6,610,887		6,552,801		6,593,699		6/17/2022		1.22%
Parts Town LLC	TL 1L B 11/21		920,208		920,208		897,295		3/31/2022		0.17%
Parts Town LLC	TL 1L DD 11/21		1,284,596		1,273,980		1,252,610		11/10/2021		0.23%
Parts Town LLC	TL 1L 11/21		838,073		831,146		817,205		11/10/2021		0.15%
PartsSource Inc	TL 1L 10/21		1,322,260		1,310,186		1,286,956		10/18/2021		0.24%
PartsSource Inc	TL 1L DD 08/21		464,562		-		(12,404	)	10/18/2021		0.00%
Pretium Partners LLC P2	TL 1L 12/21		3,270,612		3,214,423		3,205,200		12/16/2021		0.60%
Radwell International LLC/PA	TL 1L 04/22		24,298		24,298		24,198		8/16/2022		0.00%
Radwell International LLC/PA	TL 1L 12/22		908,726		908,726		916,178		12/1/2022		0.17%
SAMBA Safety Inc	TL 1L 09/21		569,876		565,524		567,482		9/1/2021		0.11%
SavATree LLC	TL 1L 10/21		915,871		910,964		906,897		7/14/2022		0.17%
SavATree LLC	TL 1L DD 10/21		81,228		5,693		5,393		10/12/2021		0.00%
SitusAMC Holdings Corp	TL 1L 12/21		2,219,259		2,201,179		2,160,227		12/22/2021		0.40%
Solina France SASU	TL 1L 10/22		500,000		485,685		493,000		10/28/2022		0.09%
Time Manufacturing Co	TL 1L 12/21		594,000		659,955		610,040		12/1/2021		0.11%
Time Manufacturing Co	TL 1L 12/21		921,425		904,734		870,839		12/1/2021		0.16%
Time Manufacturing Co	TL 1L 06/22		372,332		392,797		382,387		6/24/2022		0.07%
Yak Access LLC	Bridge Loan 1L 11/22		1,126,352		1,123,175		1,115,088		10/28/2022		0.21%
Yak Access LLC	TL 1L B 05/18		6,608,816		6,306,060		2,686,484		6/29/2018		0.50%
Yak Access LLC	Bridge Loan 1L 12/22		844,764		840,587		836,316		12/21/2022		0.16%
Yak Access LLC	Bridge Loan 1L 01/23		1,013,810		1,005,299		1,003,672		1/23/2023		0.19%
Trade Claim
Quorum Health Corp	Trade Claim		212,000		90,722		23,426		6/1/2018		0.00%
Total				$	128,490,113	$	121,430,180