| Security | $Holding | Balance | % of Fund | Category | Position | Country |
|---|---|---|---|---|---|---|
| NORTH ATLANTIC IMPORTS LLC | 81.99 mm | 31.25 mm principal | 5.78 | Debt | Long | USA |
| TCFIII Owl Finance LLC Term Loan | 54.95 mm | 62.71 mm principal | 3.87 | Loan | Long | USA |
| Monitronics International Inc 2023 Exit Term Loan | 50.83 mm | 50.98 mm principal | 3.58 | Loan | Long | USA |
|
NEW GIVING ACQUISITION, INC
|
50.61 mm | 205.23 k shares | 3.56 | Common equity | Long | USA |
| PENN FOSTER INC. | 50.15 mm | 63.86 mm principal | 3.53 | Debt | Long | USA |
| Super Rego LLC 2024 PIK Term Loan | 49.16 mm | 49.35 mm principal | 3.46 | Loan | Long | USA |
| Energy Acquisition LP 2024 Term Loan | 47.16 mm | 47.16 mm principal | 3.32 | Loan | Long | USA |
| Neovia Logistics Services LLC 2022 Term Loan A | 46.71 mm | 48.47 mm principal | 3.29 | Loan | Long | USA |
| JW Aluminum Continuous Cast Co | 43.61 mm | 43.50 mm principal | 3.07 | Debt | Long | USA |
| Vohra Wound Physicians Management LLC Term Loan | 42.48 mm | 42.48 mm principal | 2.99 | Loan | Long | USA |
| TravelPro Products Inc Term Loan | 41.35 mm | 41.93 mm principal | 2.91 | Loan | Long | USA |
| Accupac LLC 2024 Term Loan | 40.95 mm | 41.78 mm principal | 2.88 | Loan | Long | USA |
| One Call Corporation 2021 Term Loan | 39.39 mm | 40.61 mm principal | 2.77 | Loan | Long | USA |
| Core Health & Fitness LLC Term Loan | 39.35 mm | 39.80 mm principal | 2.77 | Loan | Long | USA |
| River Ranch One Investments Ltd Revolver | 37.92 mm | 37.00 mm principal | 2.67 | Loan | Long | USA |
| LHS Borrower LLC BKL0009B8 Fixed PIK Term Loan | 37.56 mm | 39.85 mm principal | 2.65 | Loan | Long | USA |
| Powerhouse Intermediate LLC 2022 Term Loan B | 37.54 mm | 37.21 mm principal | 2.64 | Loan | Long | USA |
| Circustrix Holdings LLC 2023 Term Loan | 33.54 mm | 33.13 mm principal | 2.36 | Loan | Long | USA |
| Ancile Solutions Inc 2021 PIK Term Loan | 32.73 mm | 31.90 mm principal | 2.31 | Loan | Long | USA |
| Guitar Center Inc | 31.65 mm | 37.00 mm principal | 2.23 | Debt | Long | USA |
| Digicel Intermediate Holdings Ltd / Digicel International Finance Ltd / Difl US | 31.36 mm | 31.68 mm principal | 2.21 | Debt | Long | XX |
| WildBrain Ltd 2024 Term Loan | 31.19 mm | 31.47 mm principal | 2.20 | Loan | Long | Canada |
| Gold Rush Amusements Inc 3rd Amendment Term Loan | 30.36 mm | 30.36 mm principal | 2.14 | Loan | Long | USA |
| Omnimax International LLC 2024 Term Loan B | 29.95 mm | 30.56 mm principal | 2.11 | Loan | Long | USA |
| DOMAIN TIMBERLAKE ISSUER, LLC | 29.69 mm | 29.00 mm principal | 2.09 | Debt | Long | USA |
| MI Opco Holdings Inc 2023 Delayed Draw Term Loan | 29.52 mm | 29.24 mm principal | 2.08 | Loan | Long | USA |
|
EPIC LLC
|
29.52 mm | 34.80 k shares | 2.08 | Common equity | Long | USA |
| Alegeus Technologies Holdings Corporation 2024 Term Loan B | 29.29 mm | 30.00 mm principal | 2.06 | Loan | Long | USA |
| First Brands Group LLC 2021 Term Loan | 29.15 mm | 30.96 mm principal | 2.05 | Loan | Long | USA |
| MBS Services Holdings LLC 2024 2nd Lien PIK Term Loan | 29.12 mm | 32.00 mm principal | 2.05 | Loan | Long | USA |
| LogRhythm Inc Term Loan | 28.25 mm | 29.09 mm principal | 1.99 | Loan | Long | USA |
| Aptim Crop Term Loan | 27.43 mm | 27.50 mm principal | 1.93 | Loan | Long | USA |
| United Gaming LLC Term Loan | 27.28 mm | 27.18 mm principal | 1.92 | Loan | Long | USA |
| Onbe Inc Term Loan | 26.49 mm | 27.00 mm principal | 1.87 | Loan | Long | USA |
| Ansira Partners II LLC Term Loan | 26.07 mm | 26.71 mm principal | 1.84 | Loan | Long | USA |
| Universal Entertainment Corp | 25.33 mm | 25.38 mm principal | 1.78 | Debt | Long | Japan |
| Pioneer Midco LLC PIK Term Loan | 24.97 mm | 24.84 mm principal | 1.76 | Loan | Long | USA |
| Bridge Street CLO I Ltd | 24.76 mm | 28.20 mm principal | 1.74 | ABS-collateralized bond/debt obligation | Long | USA |
| Array Midco Corp 2024 Term Loan | 24.69 mm | 25.19 mm principal | 1.74 | Loan | Long | Canada |
| Pretium Packaging LLC First Out Term Loan A | 23.31 mm | 22.55 mm principal | 1.64 | Loan | Long | USA |
| Bridge Street CLO II Ltd | 22.28 mm | 28.56 mm principal | 1.57 | ABS-collateralized bond/debt obligation | Long | USA |
| PF CHANGS CHINA BISTRO INC 2024 TERM LOAN | 21.76 mm | 22.50 mm principal | 1.53 | Loan | Long | USA |
| Osaic Holdings Inc | 20.96 mm | 20.20 mm principal | 1.48 | Debt | Long | USA |
|
MONITRONICS INTERNATIONAL INC
|
20.95 mm | 997.49 k shares | 1.48 | Common equity | Long | USA |
| Salt Creek Midstream LLC 2020 USD 1st Lien Fixed Note | 20.76 mm | 20.76 mm principal | 1.46 | Loan | Long | USA |
| Five Point Operating Co LP / Five Point Capital Corp | 20.17 mm | 19.75 mm principal | 1.42 | Debt | Long | USA |
| Level 3 Financing Inc 2024 Extended Term Loan B1 | 19.70 mm | 19.29 mm principal | 1.39 | Loan | Long | USA |
| Salt Creek Midstream LLC 2020 USD 2nd Lien First Out | 18.76 mm | 23.49 mm principal | 1.32 | Loan | Long | USA |
| United Gaming LLC Delayed Draw Term Loan | 18.70 mm | 18.63 mm principal | 1.32 | Loan | Long | USA |
| CCS Acquisition Inc Term Loan | 17.71 mm | 18.07 mm principal | 1.25 | Loan | Long | USA |
| Lifescan Global Corporation 2023 Term Loan | 17.12 mm | 48.93 mm principal | 1.21 | Loan | Long | USA |
| FLL Full House Resorts, Inc. | 16.85 mm | 16.89 mm principal | 1.19 | Debt | Long | USA |
| LR Orion Bidco Limited Term Loan | 16.65 mm | 16.82 mm principal | 1.17 | Loan | Long | UK |
| Kik Ass Products Inc Delayed Draw Term Loan | 16.03 mm | 16.50 mm principal | 1.13 | Loan | Long | Canada |
| Titan Purchaser Inc Term Loan B | 15.74 mm | 15.57 mm principal | 1.11 | Loan | Long | USA |
| Claros Mortgage Trust Inc 2021 Term Loan B | 15.64 mm | 16.29 mm principal | 1.10 | Loan | Long | USA |
| Lance East Hldgs Pty Ltd Term Loan | 15.21 mm | 15.00 mm principal | 1.07 | Loan | Long | Australia |
| WMK LLC Term Loan | 15.13 mm | 15.42 mm principal | 1.07 | Loan | Long | USA |
| Revlon Intermediate Holdings IV LLC 2023 Exit Term Loan | 14.91 mm | 15.00 mm principal | 1.05 | Loan | Long | USA |
| TruGreen Limited Partnership 2020 Term Loan | 13.44 mm | 13.76 mm principal | 0.95 | Loan | Long | USA |
| 545 Lago Mar East Development LTD Fixed Delayed Draw Term Loan | 13.23 mm | 13.16 mm principal | 0.93 | Loan | Long | USA |
| Riddell Inc PIK Term Loan | 12.34 mm | 12.34 mm principal | 0.87 | Loan | Long | USA |
| MEDICINE MAN TECHNOLOGIES, INC | 11.71 mm | 16.95 mm principal | 0.83 | Debt | Long | USA |
| North Atlantic Imports LLC Term Loan | 11.61 mm | 10.36 mm principal | 0.82 | Loan | Long | USA |
| Arrow Purchaser Inc Term Loan | 11.39 mm | 12.66 mm principal | 0.80 | Loan | Long | USA |
| Pyxus Holding Inc 2023 Term Loan | 11.13 mm | 12.23 mm principal | 0.78 | Loan | Long | USA |
| WELLPATH HOLDINGS INC 2024 TERM LOAN | 10.82 mm | 21.61 mm principal | 0.76 | Loan | Long | USA |
| Mountaineer Merger Corporation Term Loan | 10.69 mm | 13.13 mm principal | 0.75 | Loan | Long | USA |
| Kik Ass Products Inc Term Loan | 10.68 mm | 11.00 mm principal | 0.75 | Loan | Long | Canada |
| CPC Acquisition Corp Term Loan | 10.51 mm | 11.70 mm principal | 0.74 | Loan | Long | USA |
| Project Granite Buyer Inc Term Loan | 10.22 mm | 10.43 mm principal | 0.72 | Loan | Long | USA |
| Maverick Gaming LLC 2024 Second Out Term Loan | 9.50 mm | 14.40 mm principal | 0.67 | Loan | Long | USA |
| Omnimax International, LLC 2024 Delayed Draw Term Loan | 9.25 mm | 9.44 mm principal | 0.65 | Loan | Long | USA |
| TruGreen Limited Partnership 2020 2nd Lien Term Loan | 8.94 mm | 10.00 mm principal | 0.63 | Loan | Long | USA |
| LaserShip Inc 2024 Third Out Term Loan E | 8.21 mm | 21.14 mm principal | 0.58 | Loan | Long | USA |
| Pyxus Holding Inc 2023 First Lien Term Loan | 8.20 mm | 8.16 mm principal | 0.58 | Loan | Long | USA |
| Array Midco Corp 2024 Delayed Draw Term Loan | 7.48 mm | 7.56 mm principal | 0.53 | Loan | Long | Canada |
| RIDDELL INC | 7.12 mm | 6.57 mm principal | 0.50 | Debt | Long | USA |
| LSCS Holdings Inc 2021 2nd Lien Term Loan | 6.76 mm | 7.00 mm principal | 0.48 | Loan | Long | USA |
| IXS Holdings Inc 2020 Term Loan B | 6.48 mm | 6.69 mm principal | 0.46 | Loan | Long | USA |
| Accupac LLC 2024 Revolver | 6.14 mm | 6.27 mm principal | 0.43 | Loan | Long | USA |
| Grass Valley USA LLC Term Loan B | 6.06 mm | 6.10 mm principal | 0.43 | Loan | Long | USA |
| Grass Valley USA LLC Term Loan C | 6.06 mm | 6.10 mm principal | 0.43 | Loan | Long | USA |
| SUPER REGO, LLC | 5.38 mm | 139.29 k shares | 0.38 | Equity derivative | N/A | USA |
| Wellpath Holdings Inc 2018 1st Lien Term Loan | 5.20 mm | 23.13 mm principal | 0.37 | Loan | Long | USA |
| Vortex Opco LLC First Out Term Loan | 5.19 mm | 5.00 mm principal | 0.37 | Loan | Long | Cayman Islands |
| WELLPATH HOLDINGS INC 2024 NEW MONEY Delayed Draw Term Loan | 5.11 mm | 5.11 mm principal | 0.36 | Loan | Long | USA |
| CCS Acquisition Inc Revolver | 4.83 mm | 4.93 mm principal | 0.34 | Loan | Long | USA |
| First Brands Group LLC 2022 Incremental Term Loan | 4.61 mm | 4.90 mm principal | 0.32 | Loan | Long | USA |
| Wellpath Holdings Inc 2024 New Money Term Loan 1 | 4.49 mm | 4.45 mm principal | 0.32 | Loan | Long | USA |
| Maverick Gaming LLC 2024 PIK Term Loan | 4.42 mm | 4.57 mm principal | 0.31 | Loan | Long | USA |
| Grass Valley USA LLC Delayed Draw Term Loan | 4.39 mm | 4.43 mm principal | 0.31 | Loan | Long | USA |
| Circustrix Holdings LLC 2023 Delayed Draw Term Loan | 4.34 mm | 4.28 mm principal | 0.31 | Loan | Long | USA |
| S&S Holdings LLC Term Loan | 3.62 mm | 3.62 mm principal | 0.25 | Loan | Long | USA |
| Bridge Street CLO I Ltd | 3.50 mm | 3.50 mm principal | 0.25 | ABS-collateralized bond/debt obligation | Long | USA |
| WildBrain Ltd 2024 Revolver | 3.34 mm | 3.37 mm principal | 0.24 | Loan | Long | Canada |
| Ansira Partners II LLC Revolver | 2.88 mm | 2.95 mm principal | 0.20 | Loan | Long | USA |
| LogRhythm Inc Revolver | 2.83 mm | 2.91 mm principal | 0.20 | Loan | Long | USA |
| Energy Acquisition LP 2024 Delayed Draw Term Loan | 2.60 mm | 2.60 mm principal | 0.18 | Loan | Long | USA |
| Grass Valley USA LLC Term Loan D | 2.60 mm | 2.61 mm principal | 0.18 | Loan | Long | USA |
| Grass Valley USA LLC Term Loan A | 2.60 mm | 2.61 mm principal | 0.18 | Loan | Long | USA |
| WMK LLC Delayed Draw Term Loan | 2.32 mm | 2.36 mm principal | 0.16 | Loan | Long | USA |
| Salt Creek Midstream LLC 2020 USD 2nd Lien Last Out | 2.31 mm | 3.70 mm principal | 0.16 | Loan | Long | USA |
| LR ORION BIDCO LIMITED DELAYED DRAW TERM LOAN | 2.23 mm | 2.24 mm principal | 0.16 | Loan | Long | UK |
| Circustrix Holdings LLC 2023 Revolver | 2.17 mm | 2.15 mm principal | 0.15 | Loan | Long | USA |
| LR Orion Bidco Limited GBP Revolver | 1.97 mm | 1.61 mm principal | 0.14 | Loan | Long | UK |
| Neovia Logistics Services LLC 2022 Pre-funding Term Loan | 1.96 mm | 2.03 mm principal | 0.14 | Loan | Long | USA |
| S&S Holdings LLC Second Lien Term Loan | 1.91 mm | 2.00 mm principal | 0.13 | Loan | Long | USA |
| WMK LLC Revolver | 1.87 mm | 1.90 mm principal | 0.13 | Loan | Long | USA |
| Project Granite Buyer Inc Revolver | 1.57 mm | 1.61 mm principal | 0.11 | Loan | Long | USA |
| NELSON GLOBAL PRODUCTS INC | 1.27 mm | 1.27 k shares | 0.09 | Preferred equity | Long | USA |
| Riddell Inc Delayed Draw Term Loan | 1.25 mm | 1.25 mm principal | 0.09 | Loan | Long | USA |
| GOAUTO INSURANCE COMPANY | 1.14 mm | 1.14 mm principal | 0.08 | Debt | Long | USA |
|
GOAUTO
|
1.06 mm | 18.76 k shares | 0.07 | Common equity | Long | USA |
|
SALT CREEK MIDSTREAM LLC
|
976.06 k | 27.40 k shares | 0.07 | Common equity | Long | USA |
| GRASS VALLEY USA LLC | 967.09 k | 2.37 mm principal | 0.07 | Debt | Long | USA |
| J CREW GROUP, INC. | 954.46 k | 412.74 k shares | 0.07 | Equity derivative | N/A | USA |
| Project Granite Buyer Inc Delayed Draw Term Loan | 952.38 k | 962.00 k principal | 0.07 | Loan | Long | USA |
| LHS Borrower LLC 2022 Term Loan B | 938.75 k | 979.57 k principal | 0.07 | Loan | Long | USA |
|
RDV RESOURCES PROPERTIES
|
803.27 k | 457.70 k shares | 0.06 | Common equity | Long | USA |
|
NELSON GLOBAL PRODUCTS INC
|
733.72 k | 44.00 k shares | 0.05 | Common equity | Long | USA |
| MBS SERVICES CAPITAL, LLC | 668.65 k | 522.38 k shares | 0.05 | Equity derivative | N/A | USA |
| MLN US HoldCo LLC 2018 2nd Lien Term Loan | 461.90 k | 14.40 mm principal | 0.03 | Loan | Long | USA |
| GRASS VALLEY USA LLC | 223.76 k | 549.03 k principal | 0.02 | Debt | Long | USA |
|
PURCHASED USD / SOLD EUR
State Street Bank & Trust Co.
|
210.09 k | 1.00 contracts | 0.01 | DFE | N/A | USA |
| Ascena Retail Group Inc 2015 Term Loan B | 111.19 k | 35.52 mm principal | 0.01 | Loan | Long | USA |
| GRASS VALLEY USA LLC | 106.80 k | 262.05 k principal | 0.01 | Debt | Long | USA |
| MLN US HoldCo LLC 2018 1st Lien Term Loan | 85.10 k | 2.84 mm principal | 0.01 | Loan | Long | USA |
| GUITAR CENTER P/S A | 0 | 9.00 mm principal | 0.00 | Debt | Long | USA |
|
SELECTA GROUP BV
|
0 | 98.25 shares | 0.00 | Common equity | Long | Netherlands |
| CARNELIAN POINT HOLDINGS LP | 0 | 30.15 k shares | 0.00 | Equity derivative | N/A | USA |
| TKC Holdings Inc 2024 Term Loan | 0 | 0.00 principal | 0.00 | Loan | Long | USA |
| SALT CREEK MIDSTREAM LLC | 0 | 1.00 shares | 0.00 | Equity derivative | N/A | USA |
| BUSPATROL LLC | 0 | 6.41 k shares | 0.00 | Equity derivative | N/A | USA |
|
SALT CREEK MIDSTREAM LLC
|
0 | 195.70 shares | 0.00 | Common equity | Long | USA |
| Upstream Rehabilition Inc 2021 Term Loan | 0 | 0.00 principal | 0.00 | Loan | Long | USA |
| SELECTA GROUP BV | 0 | 6.63 k principal | 0.00 | Debt | Long | Netherlands |
| Aveanna Healthcare LLC 2021 Term Loan B | 0 | 0.00 principal | 0.00 | Loan | Long | USA |
| Aimbridge Acquisition Co Inc 2019 Term Loan B | 0 | 0.00 principal | 0.00 | Loan | Long | USA |
|
PURCHASED EUR / SOLD USD
State Street Bank & Trust Co.
|
-96.09 k | 1.00 contracts | -0.01 | DFE | N/A | XX |
| Long: 99S24K7B9 IRS USD R F 3.34200 / Short: 99S24K7B9 IRS USD P V 03M0BFR | -1.27 mm | 50.00 mm other units | -0.09 | Interest rate derivative | N/A | USA |
