PPM High Yield Core Fund

Fund Profile

Fund profile

Fund manager

PPM Funds

Total assets

$42.57 mm

Liabilities

$2.45 mm

Net assets

$40.12 mm

Number of holdings

331.00

Top 200 of 331 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
State Street U.S. Government Money Market Fund	2.07 mm	2.07 mm shares	5.17	Short-term investment vehicle	Long	USA
State Street Navigator Securities Lending Government Money Market Portfolio	1.44 mm	1.44 mm shares	3.59	Short-term investment vehicle	Long	USA
CCL Carnival Corporation & plc	788.55 k	817.00 k principal	1.97	Debt	Long	USA
Energean Israel Finance Ltd	404.92 k	424.00 k principal	1.01	Debt	Long	USA
Marb Bondco PLC	392.71 k	443.00 k principal	0.98	Debt	Long	USA
Intelsat Jackson Holdings S.A.	385.32 k	401.00 k principal	0.96	Debt	Long	USA
Bip-V Chinook	356.81 k	364.00 k principal	0.89	Debt	Long	USA
PPC Pilgrim's Pride Corporation	332.52 k	351.00 k principal	0.83	Debt	Long	USA
Majordrive Holdings IV, LLC	322.40 k	331.00 k principal	0.80	Debt	Long	USA
Ascent Resources - Utica, LLC	316.13 k	316.00 k principal	0.79	Debt	Long	USA
MoneyGram International, Inc.	280.27 k	292.00 k principal	0.70	Debt	Long	USA
Altice Financing S.A.	278.06 k	345.00 k principal	0.69	Debt	Long	USA
MCE Finance Limited	268.34 k	286.00 k principal	0.67	Debt	Long	USA
EG Global Finance PLC	256.48 k	230.00 k principal	0.64	Debt	Long	USA
Smyrna Ready Mix Concrete, LLC	255.70 k	237.00 k principal	0.64	Debt	Long	USA
DIRECTV Financing, LLC	254.94 k	260.00 k principal	0.64	Debt	Long	USA
BRE RC Pitney Road PA LP	252.27 k	249.00 k principal	0.63	Debt	Long	USA
PM General Purchaser LLC	249.38 k	245.00 k principal	0.62	Debt	Long	USA
BLDR Builders FirstSource, Inc.	235.62 k	255.00 k principal	0.59	Debt	Long	USA
Mozart Debt Merger Sub Inc.	232.89 k	246.00 k principal	0.58	Debt	Long	USA
Citgo Petroleum Corporation	232.00 k	232.00 k principal	0.58	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III B.V.	227.65 k	231.00 k principal	0.57	Debt	Long	USA
Jacobs Entertainment, Inc.	227.42 k	234.00 k principal	0.57	Debt	Long	USA
Macquarie Airfinance Holdings Limited	226.57 k	214.00 k principal	0.56	Debt	Long	USA
LCPR Senior Secured Financing Designated Activity Company	223.91 k	245.00 k principal	0.56	Debt	Long	USA
ECPG Encore Capital Group, Inc.	214.75 k	200.00 k principal	0.54	Debt	Long	USA
LSF11 A5 Holdco LLC	213.03 k	219.00 k principal	0.53	Debt	Long	USA
NGL Energy Operating LLC	211.28 k	205.00 k principal	0.53	Debt	Long	USA
THC Tenet Healthcare Corporation	210.39 k	218.00 k principal	0.52	Debt	Long	USA
PNMAC Holdings, Inc.	209.78 k	210.00 k principal	0.52	Debt	Long	USA
PRAA PRA Group, Inc.	206.49 k	199.00 k principal	0.51	Debt	Long	USA
VSAT Viasat, Inc.	205.76 k	209.00 k principal	0.51	Debt	Long	USA
NOVA Chemicals Corporation	204.55 k	220.00 k principal	0.51	Debt	Long	USA
Helios Software Holdings, Inc.	204.37 k	200.00 k principal	0.51	Debt	Long	USA
Cerdia Finanz GmbH	204.02 k	200.00 k principal	0.51	Debt	Long	USA
RHP Hotel Properties, LP	203.66 k	197.00 k principal	0.51	Debt	Long	USA
ET Energy Transfer LP	201.27 k	202.00 k principal	0.50	Debt	Long	USA
Venture Global LNG, Inc.	201.25 k	179.00 k principal	0.50	Debt	Long	USA
Advisor Group, Inc.	200.29 k	202.65 k principal	0.50	Loan	Long	USA
OMI Owens & Minor, Inc.	200.23 k	206.00 k principal	0.50	Debt	Long	USA
CABO Cable One, Inc.	198.99 k	250.00 k principal	0.50	Debt	Long	USA
Vistra Operations Company LLC	198.96 k	189.00 k principal	0.50	Debt	Long	USA
Sigma Holdco B.V.	198.67 k	200.00 k principal	0.50	Debt	Long	Netherlands
Labl, Inc.	198.65 k	200.00 k principal	0.50	Debt	Long	USA
Legacy Lifepoint Health, Inc.	198.28 k	180.00 k principal	0.49	Debt	Long	USA
Albion Financing 2 S.a r.l.	198.14 k	193.00 k principal	0.49	Debt	Long	USA
DVA DaVita Inc.	197.01 k	207.00 k principal	0.49	Debt	Long	USA
UNFI United Natural Foods, Inc.	196.47 k	206.00 k principal	0.49	Debt	Long	USA
Jane Street Group, LLC	193.94 k	183.00 k principal	0.48	Debt	Long	USA
Connect Finco SARL	193.34 k	200.00 k principal	0.48	Debt	Long	USA
Mineral Resources Limited	193.29 k	182.00 k principal	0.48	Debt	Long	USA
EFXT Enerflex Ltd.	192.87 k	186.00 k principal	0.48	Debt	Long	USA
CCO Holdings, LLC	192.59 k	219.00 k principal	0.48	Debt	Long	USA
BA The Boeing Company	192.58 k	175.00 k principal	0.48	Debt	Long	USA
Global Medical Response, Inc.	192.53 k	193.93 k principal	0.48	Loan	Long	USA
Icahn Enterprises L.P.	192.44 k	194.00 k principal	0.48	Debt	Long	USA
Charter Communications Operating, LLC	191.60 k	235.00 k principal	0.48	Debt	Long	USA
Stena International S.A.	191.25 k	182.00 k principal	0.48	Debt	Long	USA
AMS-Osram AG	191.02 k	180.00 k principal	0.48	Debt	Long	USA
Transocean Inc	185.92 k	186.00 k principal	0.46	Debt	Long	USA
Intelligent Packaging Limited Purchaser Inc.	185.86 k	187.00 k principal	0.46	Debt	Long	USA
Acrisure, LLC	185.78 k	180.00 k principal	0.46	Debt	Long	USA
Entegris Escrow Corporation	181.42 k	178.00 k principal	0.45	Debt	Long	USA
CQP Holdco LP	173.60 k	160.00 k principal	0.43	Debt	Long	USA
Frontier Communications Holdings, LLC	173.29 k	163.00 k principal	0.43	Debt	Long	USA
PNMAC Holdings, Inc.	172.78 k	181.00 k principal	0.43	Debt	Long	USA
Wynn Macau, Limited	172.76 k	184.00 k principal	0.43	Debt	Long	USA
Gray Television, Inc.	171.59 k	179.01 k principal	0.43	Loan	Long	USA
Acrisure, LLC	168.80 k	175.00 k principal	0.42	Debt	Long	USA
Hilcorp Energy I, L.P.	167.83 k	168.00 k principal	0.42	Debt	Long	USA
Benteler International Aktiengesellschaft	167.07 k	158.00 k principal	0.42	Debt	Long	USA
Altice France Holding S.A.	166.43 k	205.00 k principal	0.41	Debt	Long	France
OTEX Open Text Corporation	163.25 k	171.00 k principal	0.41	Debt	Long	USA
Cimpress NV	160.43 k	159.00 k principal	0.40	Debt	Long	USA
Imola Merger Corporation	160.05 k	164.00 k principal	0.40	Debt	Long	USA
Nabors Industries, Inc.	157.38 k	157.00 k principal	0.39	Debt	Long	USA
Macys Retail Holdings	155.15 k	160.00 k principal	0.39	Debt	Long	USA
FM First Quantum Minerals Ltd	155.00 k	157.00 k principal	0.39	Debt	Long	USA
CCO Holdings, LLC	154.71 k	179.00 k principal	0.39	Debt	Long	USA
Kinetik Holdings LP	152.05 k	151.00 k principal	0.38	Debt	Long	USA
FMG Resources (August 2006) Pty Ltd	150.24 k	161.00 k principal	0.37	Debt	Long	USA
TEN Tenneco Inc.	148.76 k	161.00 k principal	0.37	Debt	Long	USA
Air Canada	148.06 k	152.00 k principal	0.37	Debt	Long	USA
Resorts World Las Vegas LLC	147.84 k	140.00 k principal	0.37	Debt	Long	USA
Citgo Petroleum Corporation	146.69 k	141.00 k principal	0.37	Debt	Long	USA
Macquarie Airfinance Holdings Limited	146.22 k	139.00 k principal	0.36	Debt	Long	USA
ZF North America Capital, Inc.	143.35 k	143.00 k principal	0.36	Debt	Long	USA
Performance Food Group, Inc.	142.59 k	150.00 k principal	0.36	Debt	Long	USA
Aretec Escrow Issuer Inc	142.52 k	150.00 k principal	0.36	Debt	Long	USA
Vistra Operations Company LLC	142.08 k	143.00 k principal	0.35	Debt	Long	USA
PRAA PRA Group, Inc.	141.55 k	136.00 k principal	0.35	Debt	Long	USA
BPL Buckeye Partners L.P.	140.49 k	164.00 k principal	0.35	Debt	Long	USA
Aventiv Technologies, LLC	136.55 k	160.18 k principal	0.34	Loan	Long	USA
QVC, Inc.	135.27 k	163.00 k principal	0.34	Debt	Long	USA
Grifols Escrow Issuer S.A.	133.21 k	142.00 k principal	0.33	Debt	Long	USA
MERC Mercer International Inc.	132.98 k	156.00 k principal	0.33	Debt	Long	USA
Tenneco, Inc.	132.40 k	139.61 k principal	0.33	Loan	Long	USA
Deutsche Bank Aktiengesellschaft	132.00 k	134.00 k principal	0.33	Debt	Long	USA
QVC, Inc.	130.95 k	132.00 k principal	0.33	Debt	Long	USA
Venture Global LNG, Inc.	130.76 k	129.00 k principal	0.33	Debt	Long	USA
A + N Real Estate & Business Management Corporation	130.73 k	135.00 k principal	0.33	Debt	Long	USA
SRE Sempra	130.49 k	130.00 k principal	0.33	Debt	Long	USA
Rand Parent LLC	130.40 k	128.00 k principal	0.33	Debt	Long	USA
FM First Quantum Minerals Ltd	130.22 k	130.00 k principal	0.32	Debt	Long	USA
Allied Universal Holdco LLC	130.22 k	130.00 k principal	0.32	Debt	Long	USA
DUK Duke Energy Corporation	130.04 k	125.00 k principal	0.32	Debt	Long	USA
PNMAC Holdings, Inc.	129.37 k	132.00 k principal	0.32	Debt	Long	USA
Radiology Partners Inc	129.23 k	132.29 k principal	0.32	Loan	Long	USA
Level 3 Financing, Inc.	129.21 k	165.00 k principal	0.32	Debt	Long	USA
VST Vistra Corp.	128.62 k	123.00 k principal	0.32	Debt	Long	USA
PetSmart, LLC	128.24 k	130.00 k principal	0.32	Debt	Long	USA
Organon & Co.	127.99 k	136.00 k principal	0.32	Debt	Long	USA
Ashtead Capital, Inc.	127.79 k	125.00 k principal	0.32	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	127.47 k	120.00 k principal	0.32	Debt	Long	USA
Neptune BidCo US Inc.	127.27 k	130.00 k principal	0.32	Debt	Long	USA
UBS Group AG	126.65 k	132.00 k principal	0.32	Debt	Long	USA
OneMain Finance Corporation	126.42 k	142.00 k principal	0.32	Debt	Long	USA
SPLS Staples Inc	126.19 k	130.00 k principal	0.31	Debt	Long	USA
Lightning Power LLC	126.00 k	120.00 k principal	0.31	Debt	Long	USA
Open Text Corporation	125.81 k	134.00 k principal	0.31	Debt	Long	USA
VistaJet Malta Finance P.L.C.	125.10 k	128.00 k principal	0.31	Debt	Long	USA
Greystar Real Estate Partners, LLC	123.31 k	116.00 k principal	0.31	Debt	Long	USA
Prime Security Services Borrower, LLC	123.02 k	123.00 k principal	0.31	Debt	Long	USA
VSAT Viasat, Inc.	122.55 k	178.00 k principal	0.31	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	122.26 k	115.00 k principal	0.30	Debt	Long	USA
Resorts World Las Vegas LLC	121.73 k	135.00 k principal	0.30	Debt	Long	USA
OTEX Open Text Corporation	119.99 k	129.00 k principal	0.30	Debt	Long	USA
Global Atlantic Financial Company	119.93 k	115.00 k principal	0.30	Debt	Long	USA
TransDigm Inc.	119.86 k	115.00 k principal	0.30	Debt	Long	USA
Osaic Holdings, Inc.	118.99 k	117.00 k principal	0.30	Debt	Long	USA
TransDigm Inc.	118.61 k	115.00 k principal	0.30	Debt	Long	USA
Freedom Mortgage Corporation	118.59 k	114.00 k principal	0.30	Debt	Long	USA
First Brands Group, LLC	116.95 k	118.37 k principal	0.29	Loan	Long	USA
AMCX AMC Networks Inc.	116.79 k	113.41 k principal	0.29	Debt	Long	USA
Odeon Finco PLC	116.58 k	111.00 k principal	0.29	Debt	Long	USA
UBER Uber Technologies, Inc.	114.12 k	112.00 k principal	0.28	Debt	Long	USA
Connect Finco SARL	114.00 k	114.00 k principal	0.28	Debt	Long	USA
Clarios Global LP	113.51 k	113.00 k principal	0.28	Debt	Long	USA
Antero Midstream Partners LP	110.96 k	112.00 k principal	0.28	Debt	Long	USA
TKC Holdings, Inc.	109.58 k	111.00 k principal	0.27	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	109.26 k	127.00 k principal	0.27	Debt	Long	USA
DVA DaVita Inc.	108.12 k	120.00 k principal	0.27	Debt	Long	USA
SWN Southwestern Energy Company	107.65 k	108.00 k principal	0.27	Debt	Long	USA
Frontier Communications Parent, Inc.	106.77 k	106.00 k principal	0.27	Debt	Long	USA
Ahead DB Holdings, LLC	106.45 k	110.00 k principal	0.27	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	105.64 k	105.00 k principal	0.26	Debt	Long	USA
Venture Global LNG, Inc.	105.57 k	95.00 k principal	0.26	Debt	Long	USA
Bombardier Inc.	104.78 k	99.00 k principal	0.26	Debt	Long	USA
Great Outdoors Group, LLC	104.76 k	104.87 k principal	0.26	Loan	Long	USA
BNP Paribas	104.38 k	100.00 k principal	0.26	Debt	Long	USA
IQVIA Inc.	104.35 k	105.00 k principal	0.26	Debt	Long	USA
DAN Dana Incorporated	103.73 k	117.00 k principal	0.26	Debt	Long	USA
THC Tenet Healthcare Corporation	103.72 k	102.00 k principal	0.26	Debt	Long	USA
LSF11 A5 Holdco LLC	103.66 k	103.94 k principal	0.26	Loan	Long	USA
NGL Energy Operating LLC	103.56 k	101.00 k principal	0.26	Debt	Long	USA
Legacy Lifepoint Health, Inc.	102.44 k	93.00 k principal	0.26	Debt	Long	USA
Trinseo Materials Operating S.C.A.	102.14 k	217.00 k principal	0.25	Debt	Long	USA
Fortress Transportation And Infrastructure Investors LLC	101.98 k	97.00 k principal	0.25	Debt	Long	USA
McGraw-Hill Education, Inc.	101.67 k	98.00 k principal	0.25	Debt	Long	USA
VYX NCR Voyix Corporation	100.74 k	103.00 k principal	0.25	Debt	Long	USA
EQM Midstream Partners, LP	100.60 k	102.00 k principal	0.25	Debt	Long	USA
Aretec Escrow Issuer 2 Inc	100.15 k	94.00 k principal	0.25	Debt	Long	USA
JBS USA Lux S.A.	100.08 k	86.00 k principal	0.25	Debt	Long	USA
AMC Entertainment Holdings, Inc.	99.67 k	100.00 k principal	0.25	Loan	Long	USA
TIBX TIBCO Software Inc	99.53 k	100.00 k principal	0.25	Debt	Long	USA
Alliant Holdings Intermediate, LLC	99.15 k	98.00 k principal	0.25	Debt	Long	USA
MKL Markel Corporation	98.86 k	99.00 k principal	0.25	Debt	Long	USA
Level 3 Financing, Inc.	98.86 k	90.00 k principal	0.25	Debt	Long	USA
Central Parent Inc.	98.84 k	95.00 k principal	0.25	Debt	Long	USA
Allied Universal Holdco LLC	98.46 k	105.00 k principal	0.25	Debt	Long	USA
CQP Cheniere Energy Partners, L.P.	98.41 k	110.00 k principal	0.25	Debt	Long	USA
MPLX MPLX LP	97.81 k	2.20 k shares	0.24	Common equity	Long	USA
GWR Genesee & Wyoming Inc	97.76 k	95.00 k principal	0.24	Debt	Long	USA
Aretec Group, Inc.	97.60 k	99.75 k principal	0.24	Loan	Long	USA
ENTG Entegris, Inc.	97.50 k	101.00 k principal	0.24	Debt	Long	USA
OneMain Finance Corporation	97.47 k	102.00 k principal	0.24	Debt	Long	USA
Allied Universal Holdco LLC	97.11 k	95.00 k principal	0.24	Debt	Long	USA
Cloud Software Group, Inc.	96.69 k	95.00 k principal	0.24	Debt	Long	USA
VST Vistra Corp.	96.67 k	90.00 k principal	0.24	Debt	Long	USA
Clarios Global LP	96.66 k	96.76 k principal	0.24	Loan	Long	USA
Freedom Mortgage Corporation	96.34 k	86.00 k principal	0.24	Debt	Long	USA
CLF Cleveland-Cliffs Inc.	96.06 k	95.00 k principal	0.24	Debt	Long	USA
Freedom Mortgage Corporation	95.93 k	95.00 k principal	0.24	Debt	Long	USA
Iliad Holding	95.77 k	89.00 k principal	0.24	Debt	Long	USA
Rocket Software, Inc.	95.54 k	95.52 k principal	0.24	Loan	Long	USA
Bombardier Inc.	95.53 k	87.00 k principal	0.24	Debt	Long	USA
Connect Finco Sarl	95.02 k	101.55 k principal	0.24	Loan	Long	USA
American Airlines, Inc.	94.88 k	95.00 k principal	0.24	Debt	Long	USA
ITT Holdings LLC	94.86 k	100.00 k principal	0.24	Debt	Long	USA
Iliad Holding	94.66 k	93.00 k principal	0.24	Debt	Long	USA
Trivium Packaging Finance B.V.	94.51 k	95.00 k principal	0.24	Debt	Long	USA
OneMain Finance Corporation	93.99 k	92.00 k principal	0.23	Debt	Long	USA
Ahead DB Holdings, LLC	93.82 k	93.77 k principal	0.23	Loan	Long	USA
Coty Inc.	93.51 k	90.00 k principal	0.23	Debt	Long	USA
TKC Holdings, Inc.	93.47 k	93.00 k principal	0.23	Debt	Long	USA
Fortress Intermediate 3, Inc	93.41 k	93.64 k principal	0.23	Loan	Long	USA
Aethon United BR LP	93.26 k	92.00 k principal	0.23	Debt	Long	USA
LABL Escrow Issuer LLC	92.95 k	93.00 k principal	0.23	Debt	Long	USA
CCO Holdings, LLC	92.74 k	105.00 k principal	0.23	Debt	Long	USA
Jaguar Land Rover Automotive PLC	92.71 k	94.00 k principal	0.23	Debt	Long	USA