Eaton Vance
Senior Floating-Rate Trust
January 31, 2021
PORTFOLIO OF INVESTMENTS (Unaudited)
Asset-Backed Securities 6.8%
Security | Principal Amount (000s omitted) |
Value | ||||||
Allegany Park CLO, Ltd. |
||||||||
Series 2019-1A, Class E, 6.999%, (3 mo. USD LIBOR + 6.78%), 1/20/33(1)(2) |
$ | 700 | $ | 703,826 | ||||
Ares LII CLO, Ltd. |
||||||||
Series 2019-52A, Class E, 6.772%, (3 mo. USD LIBOR + 6.55%), 4/22/31(1)(2) |
750 | 747,460 | ||||||
Ares XXXIIR CLO, Ltd. |
||||||||
Series 2014-32RA, Class D, 6.071%, (3 mo. USD LIBOR + 5.85%), 5/15/30(1)(2) |
2,000 | 1,964,022 | ||||||
Ares XXXIV CLO, Ltd. |
||||||||
Series 2015-2A, Class ER, 7.073%, (3 mo. USD LIBOR + 6.85%), 4/17/33(1)(2) |
1,150 | 1,142,315 | ||||||
Bardot CLO, Ltd. |
||||||||
Series 2019-2A, Class E, 7.172%, (3 mo. USD LIBOR + 6.95%), 10/22/32(1)(2) |
1,000 | 1,005,491 | ||||||
Benefit Street Partners CLO XIX, Ltd. |
||||||||
Series 2019-19A, Class E, 7.261%, (3 mo. USD LIBOR + 7.02%), 1/15/33(1)(2) |
750 | 753,388 | ||||||
Benefit Street Partners CLO XVII, Ltd. |
||||||||
Series 2019-17A, Class E, 6.841%, (3 mo. USD LIBOR + 6.60%), 7/15/32(1)(2) |
1,000 | 1,001,721 | ||||||
Benefit Street Partners CLO XVIII, Ltd. |
||||||||
Series 2019-18A, Class E, 7.141%, (3 mo. USD LIBOR + 6.90%), 10/15/32(1)(2) |
1,000 | 1,002,340 | ||||||
BlueMountain CLO XXV, Ltd. |
||||||||
Series 2019-25A, Class E, 6.941%, (3 mo. USD LIBOR + 6.70%), 7/15/32(1)(2) |
1,000 | 1,001,187 | ||||||
BlueMountain CLO XXVI, Ltd. |
||||||||
Series 2019-26A, Class E, 7.924%, (3 mo. USD LIBOR + 7.70%), 10/20/32(1)(2) |
1,500 | 1,513,490 | ||||||
Canyon Capital CLO, Ltd. |
||||||||
Series 2019-2A, Class E, 7.391%, (3 mo. USD LIBOR + 7.15%), 10/15/32(1)(2) |
400 | 401,992 | ||||||
Carlyle Global Market Strategies CLO, Ltd. |
| |||||||
Series 2012-3A, Class DR2, 6.734%, (3 mo. USD LIBOR + 6.50%), 1/14/32(1)(2) |
1,200 | 1,143,764 | ||||||
Series 2015-5A, Class DR, 6.924%, (3 mo. USD LIBOR + 6.70%), 1/20/32(1)(2) |
500 | 482,089 | ||||||
Cedar Funding X CLO, Ltd. |
||||||||
Series 2019-10A, Class E, 7.224%, (3 mo. USD LIBOR + 7.00%), 10/20/32(1)(2) |
1,000 | 1,003,097 | ||||||
Fort Washington CLO, Ltd. |
||||||||
Series 2019-1A, Class E, 7.474%, (3 mo. USD LIBOR + 7.25%), 10/20/32(1)(2) |
1,000 | 1,004,585 | ||||||
Galaxy XV CLO, Ltd. |
||||||||
Series 2013-15A, Class ER, 6.886%, (3 mo. USD LIBOR + 6.65%), 10/15/30(1)(2) |
1,000 | 982,363 |
1
Security | Principal Amount (000s omitted) |
Value | ||||||
Galaxy XXI CLO, Ltd. |
||||||||
Series 2015-21A, Class ER, 5.474%, (3 mo. USD LIBOR + 5.25%), 4/20/31(1)(2) |
$ | 1,000 | $ | 953,384 | ||||
Galaxy XXV CLO, Ltd. |
||||||||
Series 2018-25A, Class E, 6.168%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2) |
250 | 244,000 | ||||||
Golub Capital Partners CLO 23M, Ltd. |
||||||||
Series 2015-23A, Class ER, 5.974%, (3 mo. USD LIBOR + 5.75%), 1/20/31(1)(2) |
1,200 | 1,093,657 | ||||||
Harriman Park CLO, Ltd. |
||||||||
Series 2020-1A, Class E, 7.134%, (3 mo. USD LIBOR + 6.91%), 4/20/31(1)(2) |
1,100 | 1,102,523 | ||||||
Kayne CLO 5, Ltd. |
||||||||
Series 2019-5A, Class E, 6.918%, (3 mo. USD LIBOR + 6.70%), 7/24/32(1)(2) |
1,000 | 1,002,854 | ||||||
Kayne CLO 7, Ltd. |
||||||||
Series 2020-7A, Class E, 6.723%, (3 mo. USD LIBOR + 6.50%), 4/17/33(1)(2) |
1,150 | 1,158,277 | ||||||
Madison Park Funding XXXVI, Ltd. |
||||||||
Series 2019-36A, Class E, 7.491%, (3 mo. USD LIBOR + 7.25%), 1/15/33(1)(2) |
500 | 500,980 | ||||||
Madison Park Funding XXXVII, Ltd. |
||||||||
Series 2019-37A, Class E, 6.791%, (3 mo. USD LIBOR + 6.55%), 7/15/32(1)(2) |
1,000 | 1,002,143 | ||||||
Neuberger Berman Loan Advisers CLO 31, Ltd. |
||||||||
Series 2019-31A, Class E, 6.974%, (3 mo. USD LIBOR + 6.75%), 4/20/31(1)(2) |
600 | 601,025 | ||||||
Neuberger Berman Loan Advisers CLO 33, Ltd. |
| |||||||
Series 2019-33A, Class E, 7.026%, (3 mo. USD LIBOR + 6.80%), 10/16/32(1)(2) |
1,000 | 1,004,708 | ||||||
Oaktree CLO, Ltd. |
| |||||||
Series 2019-3A, Class E, 6.994%, (3 mo. USD LIBOR + 6.77%), 7/20/31(1)(2) |
1,000 | 984,255 | ||||||
Palmer Square CLO, Ltd. |
| |||||||
Series 2013-2A, Class DRR, 6.073%, (3 mo. USD LIBOR + 5.85%), 10/17/31(1)(2) |
900 | 887,805 | ||||||
Series 2019-1A, Class D, 7.221%, (3 mo. USD LIBOR + 7.00%), 11/14/32(1)(2) |
1,000 | 1,006,687 | ||||||
Regatta XII Funding, Ltd. |
| |||||||
Series 2019-1A, Class E, 7.091%, (3 mo. USD LIBOR + 6.85%), 10/15/32(1)(2) |
500 | 501,485 | ||||||
Regatta XIV Funding, Ltd. |
| |||||||
Series 2018-3A, Class E, 6.168%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2) |
700 | 686,461 | ||||||
Regatta XVI Funding, Ltd. |
| |||||||
Series 2019-2A, Class E, 7.241%, (3 mo. USD LIBOR + 7.00%), 1/15/33(1)(2) |
750 | 753,459 | ||||||
Southwick Park CLO, LLC |
| |||||||
Series 2019-4A, Class E, 6.924%, (3 mo. USD LIBOR + 6.70%), 7/20/32(1)(2) |
2,000 | 2,006,594 | ||||||
Vibrant CLO X, Ltd. |
| |||||||
Series 2018-10A, Class D, 6.414%, (3 mo. USD LIBOR + 6.19%), 10/20/31(1)(2) |
775 | 683,625 | ||||||
Vibrant CLO XI, Ltd. |
| |||||||
Series 2019-11A, Class D, 6.994%, (3 mo. USD LIBOR + 6.77%), 7/20/32(1)(2) |
1,000 | 942,820 |
2
Security | Principal Amount (000s omitted) |
Value | ||||||
Voya CLO, Ltd. |
| |||||||
Series 2013-1A, Class DR, 6.721%, (3 mo. USD LIBOR + 6.48%), 10/15/30(1)(2) |
$ | 2,000 | $ | 1,856,518 | ||||
Wellfleet CLO, Ltd. |
| |||||||
Series 2020-1A, Class D, 7.481%, (3 mo. USD LIBOR + 7.24%), 4/15/33(1)(2) |
1,150 | 1,158,877 | ||||||
|
|
|||||||
Total Asset-Backed Securities |
$ | 35,985,267 | ||||||
|
|
|||||||
Closed-End Funds 1.7% |
||||||||
Security | Shares | Value | ||||||
BlackRock Floating Rate Income Strategies Fund, Inc. |
99,936 | $ | 1,242,204 | |||||
Invesco Senior Income Trust |
361,124 | 1,498,665 | ||||||
Nuveen Credit Strategies Income Fund |
365,228 | 2,319,198 | ||||||
Nuveen Floating Rate Income Fund |
148,079 | 1,366,769 | ||||||
Nuveen Floating Rate Income Opportunity Fund |
103,281 | 951,218 | ||||||
Voya Prime Rate Trust |
299,872 | 1,349,424 | ||||||
|
|
|||||||
Total Closed-End Funds |
$ | 8,727,478 | ||||||
|
|
|||||||
Common Stocks 1.5% |
||||||||
Security | Shares | Value | ||||||
Aerospace and Defense 0.2% |
||||||||
IAP Global Services, LLC(3)(4)(5) |
55 | $ | 823,313 | |||||
|
|
|||||||
$ | 823,313 | |||||||
|
|
|||||||
Automotive 0.0%(6) |
||||||||
Dayco Products, LLC(4)(5) |
18,702 | $ | 56,106 | |||||
|
|
|||||||
$ | 56,106 | |||||||
|
|
|||||||
Business Equipment and Services 0.0%(6) |
||||||||
Crossmark Holdings, Inc.(4)(5) |
2,801 | $ | 168,060 | |||||
|
|
|||||||
$ | 168,060 | |||||||
|
|
|||||||
Chemicals and Plastics 0.1% |
||||||||
Hexion Holdings Corp., Class B(4)(5) |
38,940 | $ | 565,798 | |||||
|
|
|||||||
$ | 565,798 | |||||||
|
|
|||||||
Containers and Glass Products 0.0%(6) |
||||||||
LG Newco Holdco, Inc., Class A(4)(5) |
25,897 | $ | 51,794 | |||||
|
|
|||||||
$ | 51,794 | |||||||
|
|
|||||||
Electronics/Electrical 0.5% |
||||||||
Answers Corp.(3)(4)(5) |
93,678 | $ | 54,333 | |||||
Software Luxembourg Holding S.A., Class A(4)(5) |
13,121 | 2,361,780 | ||||||
|
|
|||||||
$ | 2,416,113 | |||||||
|
|
3
Security | Shares | Value | ||||||
Health Care 0.2% |
||||||||
Akorn Holding Company, LLC, Class A(4)(5) |
69,799 | $ | 951,012 | |||||
|
|
|||||||
$ | 951,012 | |||||||
|
|
|||||||
Nonferrous Metals/Minerals 0.0%(6) |
||||||||
ACNR Holdings, Inc., Class A(4)(5) |
3,147 | $ | 22,029 | |||||
|
|
|||||||
$ | 22,029 | |||||||
|
|
|||||||
Oil and Gas 0.2% |
||||||||
AFG Holdings, Inc.(3)(4)(5) |
29,086 | $ | 362,121 | |||||
Fieldwood Energy, Inc.(4)(5) |
19,189 | 1,919 | ||||||
McDermott International, Ltd.(4)(5) |
146,105 | 149,027 | ||||||
Nine Point Energy Holdings, Inc.(3)(4)(5)(7) |
758 | 0 | ||||||
RDV Resources, Inc., Class A(3)(4)(5) |
28,179 | 0 | ||||||
Samson Resources II, LLC, Class A(3)(4)(5) |
44,102 | 286,663 | ||||||
Sunrise Oil & Gas, Inc., Class A(4)(5) |
11,735 | 3,520 | ||||||
|
|
|||||||
$ | 803,250 | |||||||
|
|
|||||||
Publishing 0.0%(6) |
||||||||
Tweddle Group, Inc.(3)(4)(5) |
1,778 | $ | 2,525 | |||||
|
|
|||||||
$ | 2,525 | |||||||
|
|
|||||||
Radio and Television 0.2% |
||||||||
Clear Channel Outdoor Holdings, Inc.(4)(5) |
86,335 | $ | 171,807 | |||||
Cumulus Media, Inc., Class A(4)(5) |
38,163 | 331,255 | ||||||
iHeartMedia, Inc., Class A(4)(5) |
36,714 | 533,821 | ||||||
|
|
|||||||
$ | 1,036,883 | |||||||
|
|
|||||||
Retailers (Except Food and Drug) 0.0%(6) |
||||||||
Davids Bridal, LLC(3)(4)(5) |
22,476 | $ | 0 | |||||
Phillips Pet Holding Corp.(3)(4)(5) |
556 | 236,672 | ||||||
|
|
|||||||
$ | 236,672 | |||||||
|
|
|||||||
Utilities 0.1% |
||||||||
Longview Intermediate Holdings, LLC, Class A(3)(4)(5) |
85,075 | $ | 684,003 | |||||
|
|
|||||||
$ | 684,003 | |||||||
|
|
|||||||
Total Common Stocks |
$ | 7,817,558 | ||||||
|
|
Convertible Preferred Stocks 0.0%
Security | Shares | Value | ||||||
Oil and Gas 0.0% |
| |||||||
Nine Point Energy Holdings, Inc., Series A, 12.00%, (3)(4)(5)(7) |
14 | $ | 0 | |||||
|
|
|||||||
Total Convertible Preferred Stocks |
$ | 0 | ||||||
|
|
4
Corporate Bonds & Notes 5.0% |
| |||||||
Security | Principal Amount (000s omitted) |
Value | ||||||
Aerospace and Defense 0.1% |
| |||||||
TransDigm, Inc. |
| |||||||
6.50%, 7/15/24 |
$ | 477 | $ | 485,586 | ||||
7.50%, 3/15/27 |
259 | 277,568 | ||||||
|
|
|||||||
$ | 763,154 | |||||||
|
|
|||||||
Automotive 0.2% |
| |||||||
Clarios Global, L.P./Clarios US Finance Co. |
| |||||||
8.50%, 5/15/27(1) |
$ | 449 | $ | 476,232 | ||||
Ford Motor Co. |
| |||||||
9.00%, 4/22/25 |
137 | 167,145 | ||||||
4.75%, 1/15/43 |
230 | 232,427 | ||||||
Navistar International Corp. |
| |||||||
6.625%, 11/1/25(1) |
294 | 306,833 | ||||||
|
|
|||||||
$ | 1,182,637 | |||||||
|
|
|||||||
Building and Development 0.2% |
| |||||||
Builders FirstSource, Inc. |
| |||||||
5.00%, 3/1/30(1) |
$ | 113 | $ | 120,910 | ||||
Hillman Group, Inc. (The) |
| |||||||
6.375%, 7/15/22(1) |
36 | 35,963 | ||||||
Standard Industries, Inc. |
| |||||||
5.00%, 2/15/27(1) |
597 | 622,746 | ||||||
|
|
|||||||
$ | 779,619 | |||||||
|
|
|||||||
Business Equipment and Services 0.6% |
| |||||||
EIG Investors Corp. |
| |||||||
10.875%, 2/1/24 |
$ | 875 | $ | 898,791 | ||||
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC |
| |||||||
7.125%, 7/31/26(1) |
221 | 231,991 | ||||||
Prime Security Services Borrower, LLC/Prime Finance, Inc. |
| |||||||
5.25%, 4/15/24(1) |
700 | 745,500 | ||||||
5.75%, 4/15/26(1) |
700 | 767,235 | ||||||
ServiceMaster Co., LLC (The) |
| |||||||
7.45%, 8/15/27 |
394 | 463,368 | ||||||
|
|
|||||||
$ | 3,106,885 | |||||||
|
|
|||||||
Cable and Satellite Television 0.3% |
| |||||||
Altice France S.A. |
| |||||||
8.125%, 2/1/27(1) |
$ | 597 | $ | 658,876 | ||||
CCO Holdings, LLC/CCO Holdings Capital Corp. |
| |||||||
5.75%, 2/15/26(1) |
31 | 32,025 | ||||||
4.25%, 2/1/31(1) |
209 | 214,423 | ||||||
CSC Holdings, LLC |
| |||||||
5.875%, 9/15/22 |
15 | 15,834 | ||||||
5.25%, 6/1/24 |
10 | 10,781 | ||||||
5.75%, 1/15/30(1) |
491 | 527,678 | ||||||
4.125%, 12/1/30(1) |
200 | 204,680 |
5
Security | Principal Amount (000s omitted) |
Value | ||||||
DISH DBS Corp. |
| |||||||
6.75%, 6/1/21 |
$ | 14 | $ | 14,228 | ||||
5.875%, 11/15/24 |
5 | 5,189 | ||||||
TEGNA, Inc. |
| |||||||
5.00%, 9/15/29 |
51 | 53,119 | ||||||
|
|
|||||||
$ | 1,736,833 | |||||||
|
|
|||||||
Conglomerates 0.0%(6) |
| |||||||
Spectrum Brands, Inc. |
| |||||||
5.75%, 7/15/25 |
$ | 70 | $ | 72,243 | ||||
5.00%, 10/1/29(1) |
18 | 19,095 | ||||||
|
|
|||||||
$ | 91,338 | |||||||
|
|
|||||||
Containers and Glass Products 0.0%(6) |
| |||||||
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |
| |||||||
4.125%, 8/15/26(1) |
$ | 200 | $ | 206,500 | ||||
|
|
|||||||
$ | 206,500 | |||||||
|
|
|||||||
Distribution & Wholesale 0.0%(6) |
| |||||||
Performance Food Group, Inc. |
| |||||||
5.50%, 10/15/27(1) |
$ | 63 | $ | 66,423 | ||||
|
|
|||||||
$ | 66,423 | |||||||
|
|
|||||||
Drugs 0.2% |
| |||||||
AdaptHealth, LLC |
| |||||||
6.125%, 8/1/28(1) |
$ | 115 | $ | 123,913 | ||||
Bausch Health Americas, Inc. |
| |||||||
8.50%, 1/31/27(1) |
128 | 141,941 | ||||||
Bausch Health Companies, Inc. |
| |||||||
7.00%, 1/15/28(1) |
687 | 744,632 | ||||||
|
|
|||||||
$ | 1,010,486 | |||||||
|
|
|||||||
Ecological Services and Equipment 0.1% |
| |||||||
GFL Environmental, Inc. |
| |||||||
8.50%, 5/1/27(1) |
$ | 525 | $ | 581,437 | ||||
|
|
|||||||
$ | 581,437 | |||||||
|
|
|||||||
Electronics/Electrical 0.0%(6) |
| |||||||
Sensata Technologies, Inc. |
| |||||||
4.375%, 2/15/30(1) |
$ | 42 | $ | 45,281 | ||||
|
|
|||||||
$ | 45,281 | |||||||
|
|
|||||||
Financial Intermediaries 0.2% |
| |||||||
Ford Motor Credit Co., LLC |
| |||||||
5.125%, 6/16/25 |
$ | 457 | $ | 496,873 | ||||
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp. |
| |||||||
6.25%, 2/1/22 |
7 | 7,011 | ||||||
6.25%, 5/15/26 |
597 | 632,180 | ||||||
JPMorgan Chase & Co. |
| |||||||
Series S, 6.75% to 2/1/24(8)(9) |
80 | 89,975 | ||||||
|
|
|||||||
$ | 1,226,039 | |||||||
|
|
6
Security | Principal Amount (000s omitted) |
Value | ||||||
Food Products 0.2% |
| |||||||
Del Monte Foods, Inc. |
| |||||||
11.875%, 5/15/25(1) |
$ | 1,000 | $ | 1,131,875 | ||||
JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc. |
| |||||||
5.50%, 1/15/30(1) |
143 | 162,640 | ||||||
|
|
|||||||
$ | 1,294,515 | |||||||
|
|
|||||||
Food/Drug Retailers 0.2% |
| |||||||
Fresh Market, Inc. (The) |
| |||||||
9.75%, 5/1/23(1) |
$ | 1,175 | $ | 1,212,453 | ||||
|
|
|||||||
$ | 1,212,453 | |||||||
|
|
|||||||
Health Care 0.3% |
| |||||||
Centene Corp. |
| |||||||
3.375%, 2/15/30 |
$ | 105 | $ | 110,152 | ||||
3.00%, 10/15/30 |
450 | 471,240 | ||||||
HCA, Inc. |
| |||||||
5.875%, 2/15/26 |
17 | 19,465 | ||||||
Molina Healthcare, Inc. |
| |||||||
3.875%, 11/15/30(1) |
225 | 241,031 | ||||||
MPH Acquisition Holdings, LLC |
| |||||||
5.75%, 11/1/28(1) |
248 | 246,140 | ||||||
Tenet Healthcare Corp. |
| |||||||
6.75%, 6/15/23 |
225 | 244,350 | ||||||
|
|
|||||||
$ | 1,332,378 | |||||||
|
|
|||||||
Insurance 0.2% |
| |||||||
AssuredPartners, Inc. |
| |||||||
7.00%, 8/15/25(1) |
$ | 875 | $ | 903,976 | ||||
|
|
|||||||
$ | 903,976 | |||||||
|
|
|||||||
Internet Software & Services 0.1% |
| |||||||
Netflix, Inc. |
| |||||||
5.375%, 11/15/29(1) |
$ | 220 | $ | 275,275 | ||||
|
|
|||||||
$ | 275,275 | |||||||
|
|
|||||||
Leisure Goods/Activities/Movies 0.2% |
| |||||||
Carnival Corp. |
| |||||||
6.65%, 1/15/28 |
$ | 105 | $ | 110,447 | ||||
Viking Cruises, Ltd. |
| |||||||
6.25%, 5/15/25(1) |
40 | 39,146 | ||||||
5.875%, 9/15/27(1) |
784 | 752,150 | ||||||
|
|
|||||||
$ | 901,743 | |||||||
|
|
|||||||
Lodging and Casinos 0.3% |
| |||||||
Caesars Resort Collection, LLC/CRC Finco, Inc. |
| |||||||
5.25%, 10/15/25(1) |
$ | 597 | $ | 594,863 | ||||
ESH Hospitality, Inc. |
| |||||||
5.25%, 5/1/25(1) |
17 | 17,365 | ||||||
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc. |
| |||||||
5.625%, 5/1/24 |
10 | 10,747 | ||||||
MGM Resorts International |
| |||||||
7.75%, 3/15/22 |
17 | 18,073 |
7
Security | Principal Amount (000s omitted) |
Value | ||||||
Stars Group Holdings B.V./Stars Group US Co-Borrower, LLC |
| |||||||
7.00%, 7/15/26(1) |
$ | 875 | $ | 919,297 | ||||
Wynn Las Vegas, LLC/Wynn Las Vegas Capital Corp. |
| |||||||
5.25%, 5/15/27(1) |
240 | 243,955 | ||||||
|
|
|||||||
$ | 1,804,300 | |||||||
|
|
|||||||
Metals/Mining 0.2% |
| |||||||
Cleveland-Cliffs, Inc. |
| |||||||
6.75%, 3/15/26(1) |
$ | 921 | $ | 992,184 | ||||
|
|
|||||||
$ | 992,184 | |||||||
|
|
|||||||
Nonferrous Metals/Minerals 0.0%(6) |
| |||||||
New Gold, Inc. |
| |||||||
6.375%, 5/15/25(1) |
$ | 45 | $ | 46,659 | ||||
|
|
|||||||
$ | 46,659 | |||||||
|
|
|||||||
Oil and Gas 0.4% |
| |||||||
Centennial Resource Production, LLC |
| |||||||
6.875%, 4/1/27(1) |
$ | 875 | $ | 761,622 | ||||
Energy Transfer Operating, L.P. |
| |||||||
5.875%, 1/15/24 |
30 | 33,662 | ||||||
Neptune Energy Bondco PLC |
| |||||||
6.625%, 5/15/25(1) |
972 | 952,560 | ||||||
Occidental Petroleum Corp. |
| |||||||
6.625%, 9/1/30 |
209 | 235,438 | ||||||
Ovintiv Exploration, Inc. |
| |||||||
5.625%, 7/1/24 |
82 | 89,306 | ||||||
Seven Generations Energy, Ltd. |
| |||||||
6.75%, 5/1/23(1) |
30 | 30,394 | ||||||
6.875%, 6/30/23(1) |
4 | 4,060 | ||||||
Tervita Corp. |
| |||||||
11.00%, 12/1/25(1) |
209 | 227,810 | ||||||
|
|
|||||||
$ | 2,334,852 | |||||||
|
|
|||||||
Packaging & Containers 0.1% |
| |||||||
ARD Finance S.A. |
| |||||||
6.50%, (6.50% cash or 7.25% PIK), 6/30/27(1)(10) |
$ | 306 | $ | 322,065 | ||||
|
|
|||||||
$ | 322,065 | |||||||
|
|
|||||||
Radio and Television 0.2% |
| |||||||
Diamond Sports Group, LLC/Diamond Sports Finance Co. |
| |||||||
5.375%, 8/15/26(1) |
$ | 111 | $ | 89,771 | ||||
iHeartCommunications, Inc. |
| |||||||
6.375%, 5/1/26 |
208 | 221,582 | ||||||
8.375%, 5/1/27 |
376 | 402,087 | ||||||
Nielsen Co. Luxembourg S.a.r.l. (The) |
| |||||||
5.50%, 10/1/21(1) |
8 | 8,043 | ||||||
Sirius XM Radio, Inc. |
| |||||||
4.125%, 7/1/30(1) |
83 | 85,626 | ||||||
Terrier Media Buyer, Inc. |
| |||||||
8.875%, 12/15/27(1) |
302 | 327,104 | ||||||
|
|
|||||||
$ | 1,134,213 | |||||||
|
|
8
Security | Principal Amount (000s omitted) |
Value | ||||||
Real Estate Investment Trusts (REITs) 0.1% |
| |||||||
Service Properties Trust |
| |||||||
3.95%, 1/15/28 |
$ | 418 | $ | 381,164 | ||||
|
|
|||||||
$ | 381,164 | |||||||
|
|
|||||||
Steel 0.2% |
| |||||||
Allegheny Technologies, Inc. |
| |||||||
7.875%, 8/15/23 |
$ | 629 | $ | 689,724 | ||||
Infrabuild Australia Pty, Ltd. |
| |||||||
12.00%, 10/1/24(1) |
450 | 479,529 | ||||||
|
|
|||||||
$ | 1,169,253 | |||||||
|
|
|||||||
Telecommunications 0.3% |
| |||||||
Connect Finco S.a.r.l./Connect US Finco, LLC |
| |||||||
6.75%, 10/1/26(1) |
$ | 250 | $ | 267,463 | ||||
Digicel Holdings Bermuda, Ltd./Digicel International Finance, Ltd. |
| |||||||
8.75%, 5/25/24(1) |
550 | 574,063 | ||||||
Level 3 Financing, Inc. |
| |||||||
5.375%, 1/15/24 |
25 | 25,069 | ||||||
Lumen Technologies, Inc. |
| |||||||
6.75%, 12/1/23 |
40 | 44,407 | ||||||
Sprint Communications, Inc. |
| |||||||
6.00%, 11/15/22 |
3 | 3,227 | ||||||
Sprint Corp. |
| |||||||
7.25%, 9/15/21 |
225 | 232,706 | ||||||
7.625%, 2/15/25 |
223 | 266,764 | ||||||
T-Mobile USA, Inc. |
| |||||||
6.50%, 1/15/26 |
110 | 113,593 | ||||||
|
|
|||||||
$ | 1,527,292 | |||||||
|
|
|||||||
Utilities 0.1% |
| |||||||
Vistra Operations Co., LLC |
| |||||||
5.00%, 7/31/27(1) |
$ | 194 | $ | 204,418 | ||||
4.30%, 7/15/29(1) |
31 | 35,681 | ||||||
|
|
|||||||
$ | 240,099 | |||||||
|
|
|||||||
Total Corporate Bonds & Notes |
$ | 26,669,053 | ||||||
|
|
|||||||
Preferred Stocks 0.1% |
| |||||||
Security | Shares | Value | ||||||
Containers and Glass Products 0.1% |
| |||||||
LG Newco Holdco, Inc., 13.00% (Convertible)(4)(5) |
3,922 | $ | 215,695 | |||||
|
|
|||||||
$ | 215,695 | |||||||
|
|
|||||||
Financial Services 0.0%(6) |
||||||||
DBI Investors, Inc., Series A-1(3)(4)(5) |
1,063 | $ | 28,414 | |||||
|
|
|||||||
$ | 28,414 | |||||||
|
|
|||||||
Nonferrous Metals/Minerals 0.0%(6) |
||||||||
ACNR Holdings, Inc., 15.00% (PIK)(4)(5) |
1,486 | $ | 70,213 | |||||
|
|
|||||||
$ | 70,213 | |||||||
|
|
9
Security | Shares | Value | ||||||
Retailers (Except Food and Drug) 0.0%(6) |
||||||||
Davids Bridal, LLC, Series A, 8.00% (PIK)(3)(4)(5) |
625 | $ | 16,706 | |||||
Davids Bridal, LLC, Series B, 10.00% (PIK)(3)(4)(5) |
2,548 | 68,108 | ||||||
|
|
|||||||
$ | 84,814 | |||||||
|
|
|||||||
Total Preferred Stocks |
$ | 399,136 | ||||||
|
|
|||||||
Senior Floating-Rate Loans 148.1%(11) |
||||||||
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Aerospace and Defense 3.2% |
||||||||
Aernnova Aerospace S.A.U. |
||||||||
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing February 22, 2027 |
EUR | 102 | $ | 115,370 | ||||
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing February 26, 2027 |
EUR | 398 | 487,169 | |||||
AI Convoy (Luxembourg) S.a.r.l. |
||||||||
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing January 17, 2027 |
EUR | 400 | 487,543 | |||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing January 17, 2027 |
670 | 671,717 | ||||||
Dynasty Acquisition Co., Inc. |
||||||||
Term Loan, 3.75%, (6 mo. USD LIBOR + 3.50%), Maturing April 6, 2026 |
1,014 | 979,473 | ||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.50%), Maturing April 6, 2026 |
1,886 | 1,821,192 | ||||||
IAP Worldwide Services, Inc. |
||||||||
Revolving Loan, 1.38%, (3 mo. USD LIBOR + 5.50%, Floor 1.50%), Maturing July 19, 2021(12) |
311 | 309,863 | ||||||
Term Loan - Second Lien, 8.00%, (3 mo. USD LIBOR + 6.50%, Floor 1.50%), Maturing July 18, 2021(3) |
402 | 321,888 | ||||||
Spirit Aerosystems, Inc. |
||||||||
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), Maturing January 15, 2025 |
425 | 431,375 | ||||||
TransDigm, Inc. |
||||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing August 22, 2024 |
2,500 | 2,464,110 | ||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing December 9, 2025 |
7,256 | 7,140,667 | ||||||
WP CPP Holdings, LLC |
||||||||
Term Loan, 4.75%, (USD LIBOR + 3.75%, Floor 1.00%), Maturing |
1,861 | 1,795,145 | ||||||
|
|
|||||||
$ | 17,025,512 | |||||||
|
|
10
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Air Transport 1.5% |
||||||||
Delta Air Lines, Inc. |
||||||||
Term Loan, 5.75%, (1 mo. USD LIBOR + 4.75%, Floor 1.00%), Maturing April 29, 2023 |
1,965 | $ | 1,990,098 | |||||
JetBlue Airways Corporation |
||||||||
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), Maturing June 17, 2024 |
2,925 | 3,033,956 | ||||||
Mileage Plus Holdings, LLC |
||||||||
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), Maturing June 25, 2027 |
750 | 800,834 | ||||||
SkyMiles IP, Ltd. |
||||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing October 20, 2027 |
2,025 | 2,127,641 | ||||||
|
|
|||||||
$ | 7,952,529 | |||||||
|
|
|||||||
Automotive 4.3% |
||||||||
Adient US, LLC |
||||||||
Term Loan, 4.39%, (USD LIBOR + 4.25%), Maturing May 6, 2024(13) |
1,379 | $ | 1,384,601 | |||||
American Axle and Manufacturing, Inc. |
||||||||
Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), Maturing |
2,466 | 2,460,367 | ||||||
Autokiniton US Holdings, Inc. |
||||||||
Term Loan, 6.50%, (1 mo. USD LIBOR + 6.38%), Maturing May 22, 2025 |
756 | 759,403 | ||||||
Bright Bidco B.V. |
||||||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing June 30, 2024 |
1,473 | 866,790 | ||||||
Chassix, Inc. |
||||||||
Term Loan, 6.50%, (USD LIBOR + 5.50%, Floor 1.00%), Maturing |
1,310 | 1,303,771 | ||||||
Clarios Global, L.P. |
||||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing April 30, 2026 |
3,345 | 3,347,359 | ||||||
Dayco Products, LLC |
||||||||
Term Loan, 4.48%, (3 mo. USD LIBOR + 4.25%), Maturing May 19, 2023 |
989 | 855,593 | ||||||
Garrett LX III S.a.r.l. |
||||||||
Term Loan, 3.75%, (1 mo. EURIBOR + 3.75%), Maturing September 27, 2025 |
EUR | 368 | 440,366 | |||||
Term Loan, 5.75%, (USD Prime + 2.50%), Maturing September 27, 2025 |
246 | 244,499 | ||||||
Garrett Motion, Inc. |
||||||||
DIP Loan, 5.50%, (USD LIBOR + 4.50%, Floor 1.00%), Maturing |
144 | 144,619 |
11
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
IAA, Inc. |
||||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing June 28, 2026 |
556 | $ | 558,051 | |||||
Les Schwab Tire Centers |
||||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing November 2, 2027 |
2,625 | 2,639,766 | ||||||
Tenneco, Inc. |
||||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing October 1, 2025 |
3,406 | 3,376,005 | ||||||
Thor Industries, Inc. |
||||||||
Term Loan, 3.94%, (3 mo. USD LIBOR + 3.75%), Maturing February 1, 2026 |
991 | 993,995 | ||||||
TI Group Automotive Systems, LLC |
||||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.75%), Maturing December 16, 2024 |
1,217 | 1,220,161 | ||||||
Term Loan, 4.50%, (3 mo. EURIBOR + 3.75%, Floor 0.75%), Maturing December 16, 2024 |
EUR | 760 | 929,331 | |||||
Truck Hero, Inc. |
||||||||
Term Loan, Maturing January 31, 2028(14) |
1,225 | 1,228,828 | ||||||
|
|
|||||||
$ | 22,753,505 | |||||||
|
|
|||||||
Beverage and Tobacco 0.2% |
||||||||
Arterra Wines Canada, Inc. |
||||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing November 24, 2027 |
1,000 | $ | 1,007,188 | |||||
|
|
|||||||
$ | 1,007,188 | |||||||
|
|
|||||||
Brokerage/Securities Dealers/Investment Houses 0.6% |
||||||||
Advisor Group, Inc. |
||||||||
Term Loan, 5.12%, (1 mo. USD LIBOR + 5.00%), Maturing July 31, 2026 |
3,179 | $ | 3,184,989 | |||||
|
|
|||||||
$ | 3,184,989 | |||||||
|
|
|||||||
Building and Development 5.7% |
||||||||
ACProducts, Inc. |
||||||||
Term Loan, 7.50%, (6 mo. USD LIBOR + 6.50%, Floor 1.00%), Maturing August 18, 2025 |
393 | $ | 403,969 | |||||
Advanced Drainage Systems, Inc. |
| |||||||
Term Loan, 2.44%, (1 mo. USD LIBOR + 2.25%), Maturing July 31, 2026 |
205 | 205,378 | ||||||
American Builders & Contractors Supply Co., Inc. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing January 15, 2027 |
2,271 | 2,267,623 | ||||||
American Residential Services, LLC |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing October 15, 2027 |
575 | 578,054 | ||||||
APi Group DE, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing October 1, 2026 |
1,386 | 1,392,064 | ||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing October 1, 2026 |
300 | 301,031 |
12
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Beacon Roofing Supply, Inc. |
| |||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing January 2, 2025 |
559 | $ | 558,372 | |||||
Brookfield Property REIT, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing August 27, 2025 |
929 | 902,652 | ||||||
Core & Main L.P. |
| |||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing August 1, 2024 |
1,045 | 1,045,504 | ||||||
Cornerstone Building Brands, Inc. |
| |||||||
Term Loan, 3.88%, (1 mo. USD LIBOR + 3.75%), Maturing April 12, 2025 |
733 | 735,832 | ||||||
CP Atlas Buyer, Inc. |
| |||||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), Maturing November 23, 2027 |
288 | 289,267 | ||||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), Maturing November 23, 2027 |
863 | 864,117 | ||||||
CPG International, Inc. |
| |||||||
Term Loan, 4.75%, (12 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing May 5, 2024 |
1,063 | 1,065,520 | ||||||
Cushman & Wakefield U.S. Borrower, LLC |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing August 21, 2025 |
5,293 | 5,275,967 | ||||||
LSF11 Skyscraper Holdco S.a.r.l. |
| |||||||
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing September 29, 2027 |
EUR | 525 | 640,299 | |||||
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing September 29, 2027 |
EUR | 975 | 1,189,127 | |||||
Term Loan, 5.74%, (3 mo. USD LIBOR + 5.50%), Maturing September 29, 2027 |
657 | 661,190 | ||||||
MI Windows and Doors, LLC |
| |||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing December 18, 2027 |
475 | 479,008 | ||||||
Northstar Group Services, Inc. |
| |||||||
Term Loan, 6.50%, (3 mo. USD LIBOR + 5.50%, Floor 1.00%), Maturing November 9, 2026 |
1,275 | 1,278,188 | ||||||
Park River Holdings, Inc. |
| |||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing December 28, 2027 |
675 | 677,321 | ||||||
Quikrete Holdings, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing February 1, 2027 |
1,954 | 1,953,688 | ||||||
RE/MAX International, Inc. |
| |||||||
Term Loan, 3.50%, (3 mo. USD LIBOR + 2.75%, Floor 0.75%), Maturing December 15, 2023 |
1,788 | 1,792,728 | ||||||
Realogy Group, LLC |
| |||||||
Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), Maturing February 8, 2025 |
365 | 363,466 |
13
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Werner FinCo L.P. |
| |||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing |
1,065 | $ | 1,062,315 | |||||
White Cap Buyer, LLC |
| |||||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 4.00%, Floor 0.50%), Maturing October 19, 2027 |
2,170 | 2,181,378 | ||||||
WireCo WorldGroup, Inc. |
| |||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing September 30, 2023 |
866 | 851,659 | ||||||
Term Loan - Second Lien, 10.00%, (6 mo. USD LIBOR + 9.00%, Floor 1.00%), Maturing September 30, 2024 |
1,175 | 998,750 | ||||||
|
|
|||||||
$ | 30,014,467 | |||||||
|
|
|||||||
Business Equipment and Services 13.0% |
| |||||||
Adevinta ASA |
| |||||||
Term Loan, Maturing October 13, 2027(14) |
300 | $ | 300,500 | |||||
Term Loan, Maturing October 13, 2027(14) |
EUR | 1,150 | 1,403,432 | |||||
Adtalem Global Education, Inc. |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing April 11, 2025 |
366 | 364,711 | ||||||
Airbnb, Inc. |
| |||||||
Term Loan, 8.50%, (3 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing |
771 | 837,313 | ||||||
AlixPartners, LLP |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing April 4, 2024 |
2,589 | 2,589,774 | ||||||
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing April 4, 2024 |
EUR | 712 | 865,147 | |||||
Term Loan, Maturing January 28, 2028(14) |
EUR | 500 | 605,258 | |||||
Term Loan, Maturing January 28, 2028(14) |
1,550 | 1,546,125 | ||||||
Allied Universal Holdco, LLC |
| |||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing July 10, 2026 |
1,683 | 1,685,806 | ||||||
Amentum Government Services Holdings, LLC |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing January 29, 2027 |
920 | 916,924 | ||||||
AppLovin Corporation |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2025 |
3,089 | 3,094,449 | ||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing August 15, 2025 |
645 | 648,552 | ||||||
Asplundh Tree Expert, LLC |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing September 7, 2027 |
1,147 | 1,153,129 | ||||||
Belfor Holdings, Inc. |
| |||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing April 6, 2026 |
493 | 494,347 | ||||||
BidFair MergeRight, Inc. |
| |||||||
Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), Maturing January 15, 2027 |
592 | 597,146 |
14
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Bracket Intermediate Holding Corp. |
| |||||||
Term Loan, 4.49%, (3 mo. USD LIBOR + 4.25%), Maturing September 5, 2025 |
855 | $ | 852,640 | |||||
Brand Energy & Infrastructure Services, Inc. |
| |||||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing June 21, 2024 |
507 | 502,139 | ||||||
Camelot U.S. Acquisition 1 Co. |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing |
1,125 | 1,131,328 | ||||||
Cardtronics USA, Inc. |
| |||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing June 29, 2027 |
547 | 549,302 | ||||||
CCC Information Services, Inc. |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing April 29, 2024 |
2,947 | 2,958,905 | ||||||
Ceridian HCM Holding, Inc. |
| |||||||
Term Loan, 2.59%, (1 week USD LIBOR + 2.50%), Maturing April 30, 2025 |
898 | 896,317 | ||||||
CM Acquisition Co. |
| |||||||
Term Loan, 11.00%, (3 mo. USD LIBOR + 10.00%, Floor 1.00%), Maturing |
149 | 147,935 | ||||||
Deerfield Dakota Holding, LLC |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing April 9, 2027 |
2,015 | 2,028,548 | ||||||
EAB Global, Inc. |
| |||||||
Term Loan, 4.75%, (USD LIBOR + 3.75%, Floor 1.00%), Maturing |
1,240 | 1,242,004 | ||||||
EIG Investors Corp. |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
2,705 | 2,706,129 | ||||||
First Advantage Holdings, LLC |
| |||||||
Term Loan, Maturing January 31, 2027(14) |
450 | 449,578 | ||||||
Garda World Security Corporation |
| |||||||
Term Loan, 4.99%, (3 mo. USD LIBOR + 4.75%), Maturing October 30, 2026 |
1,408 | 1,413,766 | ||||||
Greeneden U.S. Holdings II, LLC |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing |
850 | 854,250 | ||||||
IG Investment Holdings, LLC |
| |||||||
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing May 23, 2025 |
2,549 | 2,557,640 | ||||||
Illuminate Buyer, LLC |
| |||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing June 30, 2027 |
773 | 776,859 | ||||||
IRI Holdings, Inc. |
| |||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing December 1, 2025 |
1,960 | 1,959,694 |
15
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Iron Mountain, Inc. |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing January 2, 2026 |
827 | $ | 823,525 | |||||
Ivanti Software, Inc. |
| |||||||
Term Loan, 5.75%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), Maturing December 1, 2027 |
2,650 | 2,680,759 | ||||||
KAR Auction Services, Inc. |
| |||||||
Term Loan, 2.44%, (1 mo. USD LIBOR + 2.25%), Maturing September 19, 2026 |
593 | 591,512 | ||||||
KUEHG Corp. |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing February 21, 2025 |
2,916 | 2,838,502 | ||||||
Term Loan - Second Lien, 9.25%, (3 mo. USD LIBOR + 8.25%, Floor 1.00%), Maturing August 22, 2025 |
400 | 384,750 | ||||||
LGC Group Holdings, Ltd. |
| |||||||
Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), Maturing April 21, 2027 |
EUR | 475 | 571,392 | |||||
Loire Finco Luxembourg S.a.r.l. |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing April 21, 2027 |
323 | 323,108 | ||||||
Monitronics International, Inc. |
| |||||||
Term Loan, 7.75%, (1 mo. USD LIBOR + 6.50%, Floor 1.25%), Maturing March 29, 2024 |
1,412 | 1,327,249 | ||||||
Packaging Coordinators Midco, Inc. |
| |||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing November 30, 2027 |
1,150 | 1,155,511 | ||||||
PGX Holdings, Inc. |
| |||||||
Term Loan, 10.50%, (12 mo. USD LIBOR + 9.50%, Floor 1.00%), 6.25% cash, 4.25% PIK, Maturing September 29, 2023 |
865 | 826,377 | ||||||
Pike Corporation |
| |||||||
Term Loan, Maturing January 15, 2028(14) |
205 | 205,478 | ||||||
Term Loan, 3.13%, (1 mo. USD LIBOR + 3.00%), Maturing January 21, 2028 |
270 | 270,709 | ||||||
Prime Security Services Borrower, LLC |
| |||||||
Term Loan, 3.50%, (3 mo. USD LIBOR + 2.75%, Floor 0.75%), Maturing September 23, 2026 |
2,039 | 2,050,704 | ||||||
Red Ventures, LLC |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing November 8, 2024 |
1,028 | 1,019,185 | ||||||
Rockwood Service Corporation |
| |||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing January 23, 2027 |
471 | 473,991 | ||||||
Sabre GLBL, Inc. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing February 22, 2024 |
922 | 911,154 | ||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing December 17, 2027 |
400 | 404,750 |
16
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
SMG US Midco 2, Inc. |
| |||||||
Term Loan, 2.68%, (USD LIBOR + 2.50%), Maturing January 23, 2025(13) |
219 | $ | 209,004 | |||||
Speedster Bidco GmbH |
| |||||||
Term Loan, 3.25%, (6 mo. EURIBOR + 3.25%), Maturing March 31, 2027 |
EUR | 2,125 | 2,554,415 | |||||
Spin Holdco, Inc. |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing November 14, 2022 |
3,415 | 3,416,023 | ||||||
STG-Fairway Holdings, LLC |
||||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing January 31, 2027 |
1,632 | 1,633,840 | ||||||
Techem Verwaltungsgesellschaft 675 mbH |
||||||||
Term Loan, 2.63%, (6 mo. EURIBOR + 2.63%), Maturing July 15, 2025 |
EUR | 739 | 893,947 | |||||
Tempo Acquisition, LLC |
||||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), Maturing November 2, 2026 |
1,576 | 1,579,434 | ||||||
Vestcom Parent Holdings, Inc. |
||||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing December 19, 2023 |
730 | 729,508 | ||||||
WASH Multifamily Laundry Systems, LLC |
||||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing |
241 | 240,747 | ||||||
West Corporation |
||||||||
Term Loan, 4.50%, (USD LIBOR + 3.50%, Floor 1.00%), Maturing |
317 | 309,877 | ||||||
Term Loan, 5.00%, (USD LIBOR + 4.00%, Floor 1.00%), Maturing |
1,043 | 1,027,109 | ||||||
Zephyr Bidco Limited |
||||||||
Term Loan, 4.53%, (3 mo. GBP LIBOR + 4.50%), Maturing July 23, 2025 |
GBP | 700 | 945,318 | |||||
|
|
|||||||
$ | 68,527,525 | |||||||
|
|
|||||||
Cable and Satellite Television 5.6% |
||||||||
Altice France S.A. |
||||||||
Term Loan, 3.81%, (1 mo. USD LIBOR + 3.69%), Maturing January 31, 2026 |
731 | $ | 730,880 | |||||
Term Loan, 4.13%, (1 mo. USD LIBOR + 4.00%), Maturing August 14, 2026 |
1,130 | 1,132,422 | ||||||
CSC Holdings, LLC |
||||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing July 17, 2025 |
3,423 | 3,412,794 | ||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing April 15, 2027 |
1,222 | 1,220,504 | ||||||
Numericable Group S.A. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing July 31, 2025 |
1,781 | 1,766,296 | ||||||
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 31, 2025 |
EUR | 433 | 520,910 | |||||
Telenet Financing USD, LLC |
||||||||
Term Loan, 2.13%, (1 mo. USD LIBOR + 2.00%), Maturing April 30, 2028 |
3,725 | 3,704,714 |
17
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
UPC Broadband Holding B.V. |
||||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing April 30, 2028 |
825 | $ | 821,287 | |||||
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), Maturing January 31, 2029 |
EUR | 825 | 1,005,872 | |||||
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), Maturing January 31, 2029 |
EUR | 825 | 1,005,872 | |||||
Term Loan, 3.63%, (1 mo. USD LIBOR + 3.50%), Maturing January 31, 2029 |
1,888 | 1,892,089 | ||||||
Term Loan, 3.63%, (1 mo. USD LIBOR + 3.50%), Maturing January 31, 2029 |
1,888 | 1,892,089 | ||||||
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing April 30, 2029 |
EUR | 725 | 875,974 | |||||
Virgin Media Bristol, LLC |
||||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing January 31, 2028 |
4,200 | 4,190,155 | ||||||
Term Loan, Maturing January 31, 2029(14) |
1,175 | 1,177,644 | ||||||
Virgin Media SFA Finance Limited |
||||||||
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing January 31, 2029 |
EUR | 1,200 | 1,455,349 | |||||
Ziggo B.V. |
||||||||
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), Maturing January 31, 2029 |
EUR | 2,200 | 2,667,382 | |||||
|
|
|||||||
$ | 29,472,233 | |||||||
|
|
|||||||
Chemicals and Plastics 7.7% |
||||||||
Alpha 3 B.V. |
||||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing January 31, 2024 |
1,271 | $ | 1,277,565 | |||||
Aruba Investments, Inc. |
||||||||
Term Loan, 4.75%, (6 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing November 24, 2027 |
725 | 731,344 | ||||||
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), Maturing November 24, 2028 |
EUR | 500 | 608,292 | |||||
Axalta Coating Systems US Holdings, Inc. |
||||||||
Term Loan, 2.00%, (3 mo. USD LIBOR + 1.75%), Maturing June 1, 2024 |
2,241 | 2,237,476 | ||||||
Charter NEX US, Inc. |
||||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.25%, Floor 0.75%), Maturing December 1, 2027 |
450 | 453,817 | ||||||
Chemours Company (The) |
||||||||
Term Loan, 2.50%, (3 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing |
EUR | 564 | 683,009 | |||||
Emerald Performance Materials, LLC |
||||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing August 12, 2025 |
359 | 360,973 |
18
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Ferro Corporation |
||||||||
Term Loan, 2.50%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024 |
313 | $ | 312,469 | |||||
Term Loan, 2.50%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024 |
319 | 319,261 | ||||||
Term Loan, 2.50%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024 |
409 | 408,924 | ||||||
Flint Group GmbH |
||||||||
Term Loan, 6.00%, (USD LIBOR + 5.00%, Floor 1.00%), 5.25% cash, 0.75% PIK, Maturing September 21, 2023(13) |
140 | 134,818 | ||||||
Flint Group US, LLC |
||||||||
Term Loan, 6.00%, (USD LIBOR + 5.00%, Floor 1.00%), 5.25% cash, 0.75% PIK, Maturing September 21, 2023(13) |
847 | 815,537 | ||||||
Gemini HDPE, LLC |
||||||||
Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), Maturing December 31, 2027 |
750 | 746,250 | ||||||
H.B. Fuller Company |
||||||||
Term Loan, 2.13%, (1 mo. USD LIBOR + 2.00%), Maturing October 20, 2024 |
1,069 | 1,068,659 | ||||||
Hexion, Inc. |
||||||||
Term Loan, 3.74%, (3 mo. USD LIBOR + 3.50%), Maturing July 1, 2026 |
714 | 716,357 | ||||||
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing July 1, 2026 |
EUR | 1,450 | 1,766,245 | |||||
INEOS 226 Limited |
||||||||
Term Loan, Maturing January 11, 2026(14) |
EUR | 3,525 | 4,261,387 | |||||
INEOS Enterprises Holdings II Limited |
||||||||
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing August 28, 2026 |
EUR | 175 | 212,355 | |||||
INEOS Enterprises Holdings US Finco, LLC |
||||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing August 28, 2026 |
203 | 203,325 | ||||||
INEOS Finance PLC |
||||||||
Term Loan, 2.50%, (1 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing |
EUR | 2,886 | 3,486,084 | |||||
INEOS Styrolution US Holding, LLC |
||||||||
Term Loan, Maturing January 21, 2026(14) |
2,525 | 2,536,837 | ||||||
Messer Industries GmbH |
||||||||
Term Loan, 2.75%, (3 mo. USD LIBOR + 2.50%), Maturing March 1, 2026 |
1,376 | 1,375,643 | ||||||
Minerals Technologies, Inc. |
||||||||
Term Loan, 3.00%, (USD LIBOR + 2.25%, Floor 0.75%), Maturing |
703 | 704,320 | ||||||
Momentive Performance Materials, Inc. |
||||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing May 15, 2024 |
419 | 416,009 |
19
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
NIC Acquisition Corp. |
||||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing December 29, 2027 |
775 | $ | 777,906 | |||||
Orion Engineered Carbons GmbH |
||||||||
Term Loan, 2.25%, (3 mo. EURIBOR + 2.25%), Maturing July 25, 2024 |
EUR | 731 | 886,604 | |||||
Term Loan, 2.25%, (3 mo. USD LIBOR + 2.00%), Maturing July 25, 2024 |
1,085 | 1,079,265 | ||||||
PMHC II, Inc. |
||||||||
Term Loan, 4.50%, (12 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing March 31, 2025 |
1,575 | 1,489,391 | ||||||
PQ Corporation |
||||||||
Term Loan, 2.46%, (3 mo. USD LIBOR + 2.25%), Maturing February 7, 2027 |
1,495 | 1,496,462 | ||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing February 7, 2027 |
1,449 | 1,453,950 | ||||||
Pregis TopCo Corporation |
||||||||
Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing July 31, 2026 |
594 | 596,413 | ||||||
Rohm Holding GmbH |
||||||||
Term Loan, 5.23%, (6 mo. USD LIBOR + 5.00%), Maturing July 31, 2026 |
371 | 365,517 | ||||||
Solenis Holdings, LLC |
||||||||
Term Loan, Maturing June 26, 2025(14) |
EUR | 250 | 304,904 | |||||
Starfruit Finco B.V. |
||||||||
Term Loan, 3.13%, (1 mo. USD LIBOR + 3.00%), Maturing October 1, 2025 |
1,416 | 1,413,462 | ||||||
Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing October 1, 2025 |
EUR | 401 | 486,717 | |||||
Tronox Finance, LLC |
||||||||
Term Loan, 3.18%, (USD LIBOR + 3.00%), Maturing September 23, 2024(13) |
2,532 | 2,535,969 | ||||||
Univar, Inc. |
||||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing July 1, 2024 |
1,763 | 1,766,452 | ||||||
Venator Materials Corporation |
||||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing August 8, 2024 |
363 | 360,091 | ||||||
|
|
|||||||
$ | 40,850,059 | |||||||
|
|
|||||||
Clothing/Textiles 0.1% |
||||||||
Protective Industrial Products, Inc. |
||||||||
Term Loan, Maturing January 20, 2028(14) |
550 | $ | 550,000 | |||||
|
|
|||||||
$ | 550,000 | |||||||
|
|
|||||||
Conglomerates 0.0%(6) |
||||||||
Penn Engineering & Manufacturing Corp. |
||||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing |
167 | $ | 167,105 | |||||
|
|
|||||||
$ | 167,105 | |||||||
|
|
20
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Containers and Glass Products 3.1% |
||||||||
Berry Global, Inc. |
||||||||
Term Loan, 2.13%, (1 mo. USD LIBOR + 2.00%), Maturing July 1, 2026 |
911 | $ | 910,555 | |||||
BWAY Holding Company |
||||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing April 3, 2024 |
2,399 | 2,359,324 | ||||||
Flex Acquisition Company, Inc. |
||||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing December 29, 2023 |
2,626 | 2,633,467 | ||||||
Term Loan, 3.24%, (3 mo. USD LIBOR + 3.00%), Maturing June 29, 2025 |
1,389 | 1,381,809 | ||||||
Libbey Glass, Inc. |
||||||||
Term Loan, 11.00%, (3 mo. USD LIBOR + 10.00%, Floor 1.00%), Maturing November 12, 2025 |
768 | 719,624 | ||||||
Reynolds Consumer Products, LLC |
||||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing February 4, 2027 |
1,162 | 1,164,950 | ||||||
Reynolds Group Holdings, Inc. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2023 |
1,954 | 1,956,502 | ||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing February 5, 2026 |
1,425 | 1,426,337 | ||||||
Ring Container Technologies Group, LLC |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing October 31, 2024 |
801 | 798,646 | ||||||
TricorBraun Holdings, Inc. |
||||||||
Term Loan, Maturing February 3, 2028(14) |
115 | 114,193 | ||||||
Term Loan, Maturing February 3, 2028(14) |
510 | 507,682 | ||||||
Trident TPI Holdings, Inc. |
||||||||
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing October 17, 2024 |
EUR | 1,334 | 1,614,525 | |||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing October 17, 2024 |
534 | 533,329 | ||||||
|
|
|||||||
$ | 16,120,943 | |||||||
|
|
|||||||
Cosmetics/Toiletries 0.5% |
||||||||
Kronos Acquisition Holdings, Inc. |
||||||||
Term Loan, Maturing December 17, 2026(14) |
1,300 | $ | 1,309,750 | |||||
Term Loan, Maturing December 22, 2026(14) |
1,300 | 1,300,000 | ||||||
|
|
|||||||
$ | 2,609,750 | |||||||
|
|
|||||||
Drugs 7.1% |
||||||||
Aenova Holding GmbH |
||||||||
Term Loan, 5.00%, (6 mo. EURIBOR + 5.00%), Maturing March 6, 2025 |
EUR | 200 | $ | 243,999 | ||||
Akorn, Inc. |
||||||||
Term Loan, 8.50%, (3 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing October 1, 2025 |
820 | 824,985 |
21
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Albany Molecular Research, Inc. |
||||||||
Term Loan, 4.25%, (USD LIBOR + 3.25%, Floor 1.00%), Maturing |
774 | $ | 777,547 | |||||
Term Loan, 4.50%, (USD LIBOR + 3.50%, Floor 1.00%), Maturing |
250 | 252,266 | ||||||
Alkermes, Inc. |
||||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing March 27, 2023 |
346 | 346,408 | ||||||
Amneal Pharmaceuticals, LLC |
||||||||
Term Loan, 3.63%, (1 mo. USD LIBOR + 3.50%), Maturing May 4, 2025 |
3,363 | 3,337,731 | ||||||
Arbor Pharmaceuticals, Inc. |
||||||||
Term Loan, 6.00%, (6 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing July 5, 2023 |
800 | 785,545 | ||||||
Bausch Health Companies, Inc. |
||||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing June 2, 2025 |
4,565 | 4,580,249 | ||||||
Cambrex Corporation |
||||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing December 4, 2026 |
300 | 301,125 | ||||||
Catalent Pharma Solutions, Inc. |
||||||||
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.25%, Floor 1.00%), Maturing May 18, 2026 |
786 | 789,602 | ||||||
Elanco Animal Health Incorporated |
||||||||
Term Loan, 1.89%, (1 mo. USD LIBOR + 1.75%), Maturing August 1, 2027 |
682 | 681,165 | ||||||
Endo Luxembourg Finance Company I S.a.r.l. |
||||||||
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.25%, Floor 0.75%), Maturing |
4,917 | 4,901,624 | ||||||
Grifols Worldwide Operations USA, Inc. |
||||||||
Term Loan, 2.09%, (1 week USD LIBOR + 2.00%), Maturing November 15, 2027 |
4,099 | 4,097,063 | ||||||
Horizon Therapeutics USA, Inc. |
||||||||
Term Loan, 2.19%, (1 mo. USD LIBOR + 2.00%), Maturing May 22, 2026 |
2,008 | 2,009,259 | ||||||
Mallinckrodt International Finance S.A. |
||||||||
Term Loan, 5.50%, (6 mo. USD LIBOR + 4.75%, Floor 0.75%), Maturing September 24, 2024 |
5,144 | 4,864,695 | ||||||
Term Loan, 5.75%, (6 mo. USD LIBOR + 5.00%, Floor 0.75%), Maturing February 24, 2025 |
2,928 | 2,764,859 | ||||||
Nidda Healthcare Holding AG |
||||||||
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing August 21, 2026 |
EUR | 575 | 695,174 | |||||
PPD, Inc. |
||||||||
Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), Maturing January 13, 2028 |
5,400 | 5,427,421 | ||||||
|
|
|||||||
$ | 37,680,717 | |||||||
|
|
22
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Ecological Services and Equipment 0.5% |
||||||||
EnergySolutions, LLC |
||||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing May 9, 2025 |
1,809 | $ | 1,808,539 | |||||
GFL Environmental, Inc. |
||||||||
Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), Maturing May 30, 2025 |
50 | 50,299 | ||||||
TruGreen Limited Partnership |
||||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing November 2, 2027 |
575 | 578,594 | ||||||
US Ecology Holdings, Inc. |
||||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing November 1, 2026 |
248 | 247,912 | ||||||
|
|
|||||||
$ | 2,685,344 | |||||||
|
|
|||||||
Electronics/Electrical 24.9% |
||||||||
Allegro Microsystems, Inc. |
||||||||
Term Loan, 4.50%, (2 mo. USD LIBOR + 4.00%, Floor 0.50%), Maturing September 30, 2027 |
44 | $ | 44,175 | |||||
Applied Systems, Inc. |
||||||||
Term Loan - Second Lien, 8.00%, (3 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing September 19, 2025 |
2,450 | 2,476,541 | ||||||
Aptean, Inc. |
||||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing April 23, 2026 |
689 | 688,661 | ||||||
Term Loan - Second Lien, 8.62%, (1 mo. USD LIBOR + 8.50%), Maturing April 23, 2027 |
1,375 | 1,459,562 | ||||||
AQA Acquisition Holding, Inc. |
||||||||
Term Loan, Maturing November 19, 2027(14) |
900 | 900,750 | ||||||
Astra Acquisition Corp. |
||||||||
Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), Maturing March 1, 2027 |
794 | 801,940 | ||||||
Avast Software B.V. |
||||||||
Term Loan, 3.25%, (3 mo. USD LIBOR + 2.25%, Floor 1.00%), Maturing September 29, 2023 |
176 | 176,760 | ||||||
Banff Merger Sub, Inc. |
||||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing October 2, 2025 |
3,809 | 3,807,901 | ||||||
Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing October 2, 2025 |
EUR | 270 | 328,482 | |||||
Barracuda Networks, Inc. |
||||||||
Term Loan - Second Lien, 7.50%, (3 mo. USD LIBOR + 6.75%, Floor 0.75%), Maturing October 30, 2028 |
425 | 433,500 | ||||||
Buzz Merger Sub, Ltd. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing January 29, 2027 |
546 | 545,193 | ||||||
Cambium Learning Group, Inc. |
||||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.50%), Maturing December 18, 2025 |
873 | 876,228 |
23
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Castle US Holding Corporation |
||||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.75%), Maturing January 29, 2027 |
597 | $ | 592,217 | |||||
CDW, LLC |
||||||||
Term Loan, 1.88%, (1 mo. USD LIBOR + 1.75%), Maturing October 13, 2026 |
1,209 | 1,215,849 | ||||||
Celestica, Inc. |
||||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing June 27, 2025 |
228 | 227,216 | ||||||
CentralSquare Technologies, LLC |
||||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.75%), Maturing August 29, 2025 |
809 | 764,033 | ||||||
Cloudera, Inc. |
||||||||
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.50%, Floor 0.75%), Maturing December 17, 2027 |
625 | 625,976 | ||||||
Cohu, Inc. |
||||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing October 1, 2025 |
733 | 728,916 | ||||||
CommScope, Inc. |
||||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing April 6, 2026 |
1,679 | 1,679,349 | ||||||
Cornerstone OnDemand, Inc. |
||||||||
Term Loan, 4.38%, (1 mo. USD LIBOR + 4.25%), Maturing April 22, 2027 |
1,611 | 1,622,426 | ||||||
CPI International, Inc. |
||||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing July 26, 2024 |
592 | 593,329 | ||||||
Delta TopCo, Inc. |
||||||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing December 1, 2027 |
1,450 | 1,460,131 | ||||||
Term Loan - Second Lien, 8.00%, (6 mo. USD LIBOR + 7.25%, Floor 0.75%), Maturing December 1, 2028 |
2,025 | 2,065,500 | ||||||
E2open, LLC |
||||||||
Term Loan, Maturing October 29, 2027(14) |
875 | 881,835 | ||||||
ECI Macola Max Holdings, LLC |
||||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing |
1,125 | 1,132,594 | ||||||
Electro Rent Corporation |
||||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
1,596 | 1,611,835 | ||||||
Energizer Holdings, Inc. |
||||||||
Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), Maturing |
1,102 | 1,105,138 | ||||||
Epicor Software Corporation |
||||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing July 30, 2027 |
4,703 | 4,733,925 | ||||||
Term Loan - Second Lien, 8.75%, (1 mo. USD LIBOR + 7.75%, Floor 1.00%), Maturing July 31, 2028 |
850 | 893,031 |
24
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
EXC Holdings III Corp. |
||||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing December 2, 2024 |
461 | $ | 461,902 | |||||
Finastra USA, Inc. |
||||||||
Term Loan, 4.50%, (USD LIBOR + 3.50%, Floor 1.00%), Maturing |
5,338 | 5,247,088 | ||||||
Fiserv Investment Solutions, Inc. |
||||||||
Term Loan, 4.97%, (3 mo. USD LIBOR + 4.75%), Maturing February 18, 2027 |
547 | 551,012 | ||||||
Gainwell Acquisition Corp. |
||||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing October 1, 2027 |
2,850 | 2,860,687 | ||||||
GlobalLogic Holdings, Inc. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing August 1, 2025 |
407 | 408,914 | ||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing September 14, 2027 |
748 | 753,268 | ||||||
Go Daddy Operating Company, LLC |
||||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing August 10, 2027 |
1,119 | 1,121,674 | ||||||
Grab Holdings, Inc. |
||||||||
Term Loan, Maturing January 20, 2026(14) |
2,325 | 2,334,444 | ||||||
Hyland Software, Inc. |
||||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing |
5,782 | 5,814,154 | ||||||
Term Loan - Second Lien, 7.75%, (1 mo. USD LIBOR + 7.00%, Floor 0.75%), Maturing July 7, 2025 |
3,630 | 3,675,375 | ||||||
Imperva, Inc. |
||||||||
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing January 12, 2026 |
598 | 599,603 | ||||||
Imprivata, Inc. |
||||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), Maturing December 1, 2027 |
1,175 | 1,177,937 | ||||||
Informatica, LLC |
||||||||
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing February 25, 2027 |
EUR | 273 | 331,637 | |||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing February 25, 2027 |
5,856 | 5,850,872 | ||||||
Term Loan - Second Lien, 7.13%, Maturing February 25, 2025(15) |
500 | 513,125 | ||||||
LogMeIn, Inc. |
||||||||
Term Loan, 4.88%, (1 mo. USD LIBOR + 4.75%), Maturing August 31, 2027 |
1,500 | 1,500,234 | ||||||
MA FinanceCo., LLC |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing June 21, 2024 |
462 | 459,331 | ||||||
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing June 5, 2025 |
EUR | 696 | 855,783 | |||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing |
1,739 | 1,764,423 |
25
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
MACOM Technology Solutions Holdings, Inc. |
||||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing May 17, 2024 |
1,166 | $ | 1,154,681 | |||||
Marcel LUX IV S.a.r.l. |
||||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing |
450 | 450,563 | ||||||
MaxLinear, Inc. |
||||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing July 31, 2023 |
1,150 | 1,149,777 | ||||||
Mirion Technologies, Inc. |
||||||||
Term Loan, 4.26%, (3 mo. USD LIBOR + 4.00%), Maturing March 6, 2026 |
1,191 | 1,193,881 | ||||||
MKS Instruments, Inc. |
||||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing February 2, 2026 |
285 | 286,448 | ||||||
MTS Systems Corporation |
||||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing July 5, 2023 |
475 | 476,110 | ||||||
NCR Corporation |
||||||||
Term Loan, 2.72%, (3 mo. USD LIBOR + 2.50%), Maturing August 28, 2026 |
1,468 | 1,467,720 | ||||||
PointClickCare Technologies, Inc. |
||||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 3.00%, Floor 0.75%), Maturing |
625 | 626,563 | ||||||
Recorded Books, Inc. |
||||||||
Term Loan, 4.38%, (1 mo. USD LIBOR + 4.25%), Maturing August 29, 2025 |
800 | 801,451 | ||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.25%, Floor 0.50%), Maturing |
1,500 | 1,504,218 | ||||||
Redstone Buyer, LLC |
||||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
2,623 | 2,657,312 | ||||||
Renaissance Holding Corp. |
||||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing May 30, 2025 |
1,170 | 1,158,788 | ||||||
Term Loan - Second Lien, 7.12%, (1 mo. USD LIBOR + 7.00%), Maturing May 29, 2026 |
175 | 175,219 | ||||||
Riverbed Technology, Inc. |
||||||||
Term Loan - Second Lien, 12.00%, (3 mo. USD LIBOR + 11.00%, Floor 1.00%), 7.50% cash, 4.50% PIK, Maturing December 31, 2026 |
23 | 18,743 | ||||||
Seattle Spinco, Inc. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing June 21, 2024 |
3,123 | 3,101,973 | ||||||
SkillSoft Corporation |
||||||||
Term Loan, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing |
424 | 436,199 | ||||||
Term Loan - Second Lien, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing April 27, 2025 |
1,401 | 1,397,416 |
26
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
SolarWinds Holdings, Inc. |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2024 |
1,843 | $ | 1,795,390 | |||||
Solera, LLC |
||||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing March 3, 2023 |
2,633 | 2,626,155 | ||||||
Sophia L.P. |
||||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing October 7, 2027 |
425 | 427,231 | ||||||
Sparta Systems, Inc. |
||||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing |
2,150 | 2,149,783 | ||||||
SS&C European Holdings S.a.r.l. |
||||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing April 16, 2025 |
939 | 935,963 | ||||||
SS&C Technologies, Inc. |
||||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing April 16, 2025 |
1,234 | 1,229,136 | ||||||
SurveyMonkey, Inc. |
||||||||
Term Loan, 3.85%, (1 week USD LIBOR + 3.75%), Maturing October 10, 2025 |
1,021 | 1,021,487 | ||||||
Symplr Software, Inc. |
||||||||
Term Loan, 5.25%, (6 mo. USD LIBOR + 4.50%, Floor 0.75%), Maturing |
800 | 803,800 | ||||||
Syncsort Incorporated |
||||||||
Term Loan, 6.48%, (3 mo. USD LIBOR + 6.25%), Maturing August 16, 2024 |
2,395 | 2,408,218 | ||||||
Tech Data Corporation |
||||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing June 30, 2025 |
1,122 | 1,130,604 | ||||||
Tibco Software, Inc. |
||||||||
Term Loan, 3.88%, (1 mo. USD LIBOR + 3.75%), Maturing June 30, 2026 |
4,951 | 4,954,724 | ||||||
Term Loan - Second Lien, 7.38%, (1 mo. USD LIBOR + 7.25%), Maturing March 3, 2028 |
1,250 | 1,269,271 | ||||||
TTM Technologies, Inc. |
| |||||||
Term Loan, 2.64%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2024 |
139 | 139,342 | ||||||
Uber Technologies, Inc. |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing July 13, 2023 |
4,049 | 4,061,330 | ||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing April 4, 2025 |
2,564 | 2,578,240 | ||||||
Ultimate Software Group, Inc. (The) |
| |||||||
Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing May 4, 2026 |
1,580 | 1,588,518 | ||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing May 4, 2026 |
4,265 | 4,288,822 | ||||||
Term Loan - Second Lien, 7.50%, (3 mo. USD LIBOR + 6.75%, Floor 0.75%), Maturing May 3, 2027 |
250 | 260,000 |
27
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Ultra Clean Holdings, Inc. |
| |||||||
Term Loan, 4.62%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025 |
682 | $ | 678,554 | |||||
Valkyr Purchaser, LLC |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing October 29, 2027 |
750 | 750,000 | ||||||
Verifone Systems, Inc. |
| |||||||
Term Loan, 4.22%, (3 mo. USD LIBOR + 4.00%), Maturing August 20, 2025 |
1,125 | 1,099,857 | ||||||
Verisure Holding AB |
| |||||||
Term Loan, Maturing January 15, 2028(14) |
EUR | 775 | 941,897 | |||||
Veritas US, Inc. |
| |||||||
Term Loan, 6.50%, (3 mo. USD LIBOR + 5.50%, Floor 1.00%), Maturing September 1, 2025 |
2,519 | 2,535,611 | ||||||
Term Loan, Maturing September 1, 2025(14) |
EUR | 325 | 397,362 | |||||
VS Buyer, LLC |
| |||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing February 28, 2027 |
1,117 | 1,119,354 | ||||||
Vungle, Inc. |
| |||||||
Term Loan, 5.62%, (1 mo. USD LIBOR + 5.50%), Maturing September 30, 2026 |
667 | 668,646 | ||||||
Western Digital Corporation |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing April 29, 2023 |
920 | 923,174 | ||||||
|
|
|||||||
$ | 131,593,987 | |||||||
|
|
|||||||
Equipment Leasing 0.7% |
| |||||||
Avolon TLB Borrower 1 (US), LLC |
| |||||||
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.50%, Floor 0.75%), Maturing December 1, 2027 |
1,850 | $ | 1,862,077 | |||||
Boels Topholding B.V. |
| |||||||
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing February 6, 2027 |
EUR | 575 | 699,099 | |||||
Fly Funding II S.a.r.l. |
| |||||||
Term Loan, 7.00%, (6 mo. USD LIBOR + 6.00%, Floor 1.00%), Maturing October 8, 2025 |
1,210 | 1,211,200 | ||||||
|
|
|||||||
$ | 3,772,376 | |||||||
|
|
|||||||
Financial Intermediaries 3.8% |
| |||||||
Aretec Group, Inc. |
| |||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing October 1, 2025 |
4,743 | $ | 4,752,041 | |||||
Citco Funding, LLC |
| |||||||
Term Loan, 2.77%, (3 mo. USD LIBOR + 2.50%), Maturing September 28, 2023 |
2,447 | 2,454,484 | ||||||
Claros Mortgage Trust, Inc. |
| |||||||
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
566 | 566,067 | ||||||
Ditech Holding Corporation |
| |||||||
Term Loan, 0.00%, Maturing June 30, 2022(16) |
2,517 | 818,154 |
28
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
EIG Management Company, LLC |
| |||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing February 22, 2025 |
243 | $ | 243,277 | |||||
Evergood 4 ApS |
| |||||||
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing February 6, 2025 |
EUR | 675 | 820,170 | |||||
FB Income Advisor, LLC |
| |||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing August 1, 2025 |
513 | 513,187 | ||||||
Focus Financial Partners, LLC |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing July 3, 2024 |
2,740 | 2,735,352 | ||||||
Greenhill & Co., Inc. |
| |||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing April 12, 2024 |
915 | 912,962 | ||||||
GreenSky Holdings, LLC |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing |
473 | 472,625 | ||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing March 31, 2025 |
1,337 | 1,323,816 | ||||||
Guggenheim Partners, LLC |
| |||||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.75%, Floor 0.75%), Maturing |
994 | 994,709 | ||||||
Harbourvest Partners, LLC |
| |||||||
Term Loan, 2.38%, (3 mo. USD LIBOR + 2.25%), Maturing March 3, 2025 |
869 | 868,641 | ||||||
LPL Holdings, Inc. |
| |||||||
Term Loan, 1.88%, (1 mo. USD LIBOR + 1.75%), Maturing November 12, 2026 |
1,386 | 1,388,252 | ||||||
Victory Capital Holdings, Inc. |
| |||||||
Term Loan, 2.74%, (3 mo. USD LIBOR + 2.50%), Maturing July 1, 2026 |
1,009 | 1,008,369 | ||||||
Virtus Investment Partners, Inc. |
| |||||||
Term Loan, 3.00%, (6 mo. USD LIBOR + 2.25%, Floor 0.75%), Maturing |
395 | 396,891 | ||||||
|
|
|||||||
$ | 20,268,997 | |||||||
|
|
|||||||
Food Products 4.0% |
| |||||||
Alphabet Holding Company, Inc. |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing September 26, 2024 |
2,298 | $ | 2,298,350 | |||||
Atkins Nutritionals Holdings II, Inc. |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
333 | 334,260 | ||||||
B&G Foods, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing October 10, 2026 |
381 | 382,957 | ||||||
Badger Buyer Corp. |
| |||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing September 30, 2024 |
339 | 323,387 |
29
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
CHG PPC Parent, LLC |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing March 31, 2025 |
463 | $ | 459,362 | |||||
Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), Maturing March 31, 2025 |
EUR | 2,825 | 3,440,064 | |||||
Froneri International, Ltd. |
| |||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing January 29, 2027 |
2,015 | 2,007,458 | ||||||
Term Loan, 2.63%, (6 mo. EURIBOR+ 2.63%), Maturing January 29, 2027 |
EUR | 1,175 | 1,416,830 | |||||
H Food Holdings, LLC |
| |||||||
Term Loan, 3.81%, (1 mo. USD LIBOR + 3.69%), Maturing May 23, 2025 |
1,662 | 1,659,386 | ||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing May 23, 2025 |
417 | 417,086 | ||||||
HLF Financing S.a.r.l. |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing August 18, 2025 |
705 | 707,305 | ||||||
Jacobs Douwe Egberts International B.V. |
| |||||||
Term Loan, 2.19%, (1 mo. USD LIBOR + 2.00%), Maturing November 1, 2025 |
1,372 | 1,375,615 | ||||||
Term Loan, 2.25%, (3 mo. EURIBOR + 1.75%, Floor 0.50%), Maturing November 1, 2025 |
EUR | 277 | 338,085 | |||||
JBS USA LUX S.A. |
| |||||||
Term Loan, 2.12%, (3 mo. USD LIBOR + 2.00%), Maturing May 1, 2026 |
3,979 | 3,984,099 | ||||||
Nomad Foods Europe Midco Limited |
| |||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing May 15, 2024 |
1,170 | 1,171,062 | ||||||
Shearers Foods, Inc. |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing September 23, 2027 |
399 | 400,795 | ||||||
UTZ Quality Foods, LLC |
| |||||||
Term Loan, Maturing January 13, 2028(14) |
150 | 151,000 | ||||||
|
|
|||||||
$ | 20,867,101 | |||||||
|
|
|||||||
Food Service 2.1% |
| |||||||
1011778 B.C. Unlimited Liability Company |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing November 19, 2026 |
4,455 | $ | 4,430,498 | |||||
IRB Holding Corp. |
| |||||||
Term Loan, 3.75%, (6 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing February 5, 2025 |
2,052 | 2,052,552 | ||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing December 15, 2027 |
2,450 | 2,466,334 | ||||||
US Foods, Inc. |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing June 27, 2023 |
778 | 771,915 | ||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing September 13, 2026 |
1,580 | 1,561,018 | ||||||
|
|
|||||||
$ | 11,282,317 | |||||||
|
|
30
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Food/Drug Retailers 0.3% |
| |||||||
BW Gas & Convenience Holdings, LLC |
| |||||||
Term Loan, 6.38%, (1 mo. USD LIBOR + 6.25%), Maturing November 18, 2024 |
446 | $ | 453,878 | |||||
L1R HB Finance Limited |
| |||||||
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 9, 2024 |
EUR | 400 | 464,035 | |||||
Term Loan, 5.27%, (3 mo. GBP LIBOR + 5.25%), Maturing September 2, 2024 |
GBP | 400 | 509,875 | |||||
|
|
|||||||
$ | 1,427,788 | |||||||
|
|
|||||||
Forest Products 0.2% |
| |||||||
Neenah, Inc. |
| |||||||
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing June 25, 2027 |
920 | $ | 924,977 | |||||
|
|
|||||||
$ | 924,977 | |||||||
|
|
|||||||
Health Care 13.8% |
| |||||||
Accelerated Health Systems, LLC |
| |||||||
Term Loan, 3.63%, (1 mo. USD LIBOR + 3.50%), Maturing October 31, 2025 |
515 | $ | 513,857 | |||||
ADMI Corp. |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing April 30, 2025 |
1,633 | 1,619,574 | ||||||
Alliance Healthcare Services, Inc. |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing October 24, 2023 |
713 | 653,203 | ||||||
Term Loan - Second Lien, 12.00%, (1 mo. USD LIBOR + 11.00%, Floor 1.00%), Maturing April 24, 2024 |
487 | 228,941 | ||||||
athenahealth, Inc. |
| |||||||
Term Loan, 4.63%, (1 mo. USD LIBOR + 4.50%), Maturing February 11, 2026 |
1,793 | 1,801,280 | ||||||
Term Loan, Maturing February 11, 2026(14) |
600 | 603,000 | ||||||
Avantor Funding, Inc. |
| |||||||
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.25%, Floor 1.00%), Maturing November 21, 2024 |
343 | 344,281 | ||||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), Maturing November 8, 2027 |
400 | 402,917 | ||||||
BioClinica Holding I L.P. |
| |||||||
Term Loan, 5.25%, (1 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing October 20, 2023 |
1,418 | 1,417,925 | ||||||
Biogroup-LCD |
| |||||||
Term Loan, Maturing January 28, 2028(14) |
EUR | 225 | 273,409 | |||||
BW NHHC Holdco, Inc. |
| |||||||
Term Loan, 5.22%, (3 mo. USD LIBOR + 5.00%), Maturing May 15, 2025 |
2,185 | 2,004,556 |
31
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Cano Health, LLC |
| |||||||
Term Loan, 0.50%, Maturing November 19, 2027(12) |
347 | $ | 347,400 | |||||
Term Loan, 5.50%, (6 mo. USD LIBOR + 4.75%, Floor 0.75%), Maturing November 19, 2027 |
953 | 952,870 | ||||||
CeramTec AcquiCo GmbH |
| |||||||
Term Loan, 2.50%, (1 mo. EURIBOR + 2.50%), Maturing March 7, 2025 |
EUR | 1,004 | 1,189,364 | |||||
Certara L.P. |
| |||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.50%), Maturing August 15, 2024 |
965 | 965,791 | ||||||
Change Healthcare Holdings, LLC |
| |||||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), Maturing March 1, 2024 |
4,533 | 4,545,552 | ||||||
CHG Healthcare Services, Inc. |
| |||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing June 7, 2023 |
3,103 | 3,103,939 | ||||||
CryoLife, Inc. |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing December 1, 2024 |
485 | 487,425 | ||||||
Dedalus Finance GmbH |
| |||||||
Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), Maturing May 4, 2027 |
EUR | 750 | 914,429 | |||||
Term Loan, Maturing August 16, 2027(14) |
EUR | 1,100 | 1,341,162 | |||||
Ensemble RCM, LLC |
| |||||||
Term Loan, 3.96%, (3 mo. USD LIBOR + 3.75%), Maturing August 3, 2026 |
494 | 495,447 | ||||||
Envision Healthcare Corporation |
| |||||||
Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing October 10, 2025 |
5,518 | 4,748,379 | ||||||
eResearchTechnology, Inc. |
| |||||||
Term Loan, Maturing February 4, 2027(14) |
325 | 326,973 | ||||||
Gentiva Health Services, Inc. |
| |||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing July 2, 2025 |
2,064 | 2,068,528 | ||||||
GHX Ultimate Parent Corporation |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing June 28, 2024 |
871 | 871,811 | ||||||
Greatbatch, Ltd. |
| |||||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), Maturing October 27, 2022 |
1,305 | 1,307,331 | ||||||
Hanger, Inc. |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing March 6, 2025 |
1,021 | 1,022,401 | ||||||
Inovalon Holdings, Inc. |
| |||||||
Term Loan, 3.19%, (1 mo. USD LIBOR + 3.00%), Maturing April 2, 2025 |
1,109 | 1,112,818 |
32
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
IQVIA, Inc. |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing March 7, 2024 |
493 | $ | 493,955 | |||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing January 17, 2025 |
895 | 896,056 | ||||||
Medical Solutions, LLC |
| |||||||
Term Loan, 5.50%, (3 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing June 14, 2024 |
1,517 | 1,522,069 | ||||||
MPH Acquisition Holdings, LLC |
| |||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing |
2,677 | 2,678,489 | ||||||
National Mentor Holdings, Inc. |
| |||||||
Term Loan, 4.39%, (USD LIBOR + 4.25%), Maturing March 9, 2026(13) |
619 | 621,547 | ||||||
Term Loan, 4.40%, (1 mo. USD LIBOR + 4.25%), Maturing March 9, 2026 |
28 | 27,804 | ||||||
Term Loan, Maturing March 9, 2026(14) |
8 | 7,973 | ||||||
Term Loan, Maturing March 9, 2026(14) |
211 | 211,278 | ||||||
Navicure, Inc. |
| |||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing October 22, 2026 |
918 | 918,636 | ||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing October 22, 2026 |
499 | 501,244 | ||||||
nThrive, Inc. |
| |||||||
Term Loan, Maturing January 15, 2028(14) |
475 | 476,781 | ||||||
One Call Corporation |
| |||||||
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), Maturing November 25, 2022 |
1,928 | 1,880,985 | ||||||
Ortho-Clinical Diagnostics S.A. |
| |||||||
Term Loan, 3.39%, (1 mo. USD LIBOR + 3.25%), Maturing June 30, 2025 |
4,529 | 4,524,518 | ||||||
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing June 30, 2025 |
EUR | 397 | 480,274 | |||||
Parexel International Corporation |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024 |
2,105 | 2,105,786 | ||||||
PetVet Care Centers, LLC |
| |||||||
Term Loan, 5.25%, (1 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing February 14, 2025 |
25 | 25,125 | ||||||
Term Loan, Maturing February 14, 2025(14) |
150 | 150,703 | ||||||
Phoenix Guarantor, Inc. |
| |||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing March 5, 2026 |
1,773 | 1,779,739 | ||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), Maturing March 5, 2026 |
575 | 578,091 | ||||||
Radiology Partners, Inc. |
| |||||||
Term Loan, 4.80%, (USD LIBOR + 4.25%), Maturing July 9, 2025(13) |
2,363 | 2,352,362 |
33
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
RadNet, Inc. |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
1,421 | $ | 1,424,154 | |||||
Select Medical Corporation |
| |||||||
Term Loan, 2.53%, (3 mo. USD LIBOR + 2.25%), Maturing March 6, 2025 |
2,578 | 2,574,904 | ||||||
Sotera Health Holdings, LLC |
| |||||||
Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), Maturing December 11, 2026 |
625 | 625,781 | ||||||
Sound Inpatient Physicians |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2025 |
439 | 439,298 | ||||||
Surgery Center Holdings, Inc. |
| |||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing September 3, 2024 |
3,012 | 2,999,583 | ||||||
Synlab Bondco PLC |
| |||||||
Term Loan, 3.75%, (6 mo. EURIBOR + 3.75%), Maturing July 31, 2027 |
EUR | 300 | 364,975 | |||||
Team Health Holdings, Inc. |
| |||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing February 6, 2024 |
1,845 | 1,730,465 | ||||||
Tecomet, Inc. |
| |||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing |
1,020 | 1,019,216 | ||||||
U.S. Anesthesia Partners, Inc. |
| |||||||
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing |
2,372 | 2,340,110 | ||||||
US Radiology Specialists, Inc. |
| |||||||
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.50%, Floor 0.75%), Maturing December 10, 2027 |
825 | 831,445 | ||||||
Verscend Holding Corp. |
| |||||||
Term Loan, 4.62%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025 |
749 | 750,770 | ||||||
|
|
|||||||
$ | 72,998,679 | |||||||
|
|
|||||||
Home Furnishings 1.0% |
| |||||||
Mattress Firm, Inc. |
| |||||||
Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), Maturing November 26, 2027 |
850 | $ | 859,563 | |||||
Serta Simmons Bedding, LLC |
| |||||||
Term Loan, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing August 10, 2023 |
1,069 | 1,087,664 | ||||||
Term Loan - Second Lien, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing August 10, 2023 |
3,534 | 3,273,767 | ||||||
|
|
|||||||
$ | 5,220,994 | |||||||
|
|
34
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Industrial Equipment 7.7% |
| |||||||
AI Alpine AT Bidco GmbH |
| |||||||
Term Loan, 3.23%, (6 mo. USD LIBOR + 3.00%), Maturing October 31, 2025 |
221 | $ | 215,447 | |||||
Alliance Laundry Systems, LLC |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), Maturing October 8, 2027 |
1,150 | 1,156,366 | ||||||
Altra Industrial Motion Corp. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2025 |
555 | 555,351 | ||||||
Apex Tool Group, LLC |
| |||||||
Term Loan, 6.50%, (1 mo. USD LIBOR + 5.25%, Floor 1.25%), Maturing August 1, 2024 |
2,720 | 2,721,213 | ||||||
CFS Brands, LLC |
| |||||||
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing March 20, 2025 |
243 | 234,054 | ||||||
CPM Holdings, Inc. |
| |||||||
Term Loan, 3.89%, (1 mo. USD LIBOR + 3.75%), Maturing November 17, 2025 |
2,035 | 2,019,005 | ||||||
Delachaux Group S.A. |
| |||||||
Term Loan, 3.75%, (6 mo. EURIBOR + 3.75%), Maturing April 16, 2026 |
EUR | 350 | 424,300 | |||||
Term Loan, 4.74%, (USD LIBOR + 4.50%), Maturing April 16, 2026(13) |
446 | 436,590 | ||||||
DexKo Global, Inc. |
| |||||||
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024 |
EUR | 291 | 351,384 | |||||
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024 |
EUR | 727 | 878,464 | |||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing |
821 | 822,810 | ||||||
DXP Enterprises, Inc. |
| |||||||
Term Loan, 5.75%, (1 mo. USD LIBOR + 4.75%, Floor 1.00%), Maturing December 16, 2027 |
625 | 626,562 | ||||||
Dynacast International, LLC |
| |||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing January 28, 2022 |
1,166 | 1,180,429 | ||||||
Engineered Machinery Holdings, Inc. |
| |||||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing |
1,781 | 1,783,026 | ||||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing |
270 | 270,511 | ||||||
EWT Holdings III Corp. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing December 20, 2024 |
1,670 | 1,676,780 |
35
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Filtration Group Corporation |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing March 29, 2025 |
1,496 | $ | 1,486,188 | |||||
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing March 29, 2025 |
EUR | 365 | 442,935 | |||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing March 29, 2025 |
349 | 351,743 | ||||||
Gardner Denver, Inc. |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing March 1, 2027 |
1,179 | 1,178,826 | ||||||
Term Loan, 2.00%, (1 mo. EURIBOR + 2.00%), Maturing March 1, 2027 |
EUR | 374 | 454,129 | |||||
Gates Global, LLC |
| |||||||
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing April 1, 2024 |
EUR | 842 | 1,018,802 | |||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing |
3,359 | 3,363,350 | ||||||
Granite Holdings US Acquisition Co. |
| |||||||
Term Loan, Maturing September 30, 2026(14) |
1,100 | 1,102,750 | ||||||
Hayward Industries, Inc. |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing August 5, 2024 |
430 | 429,365 | ||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing August 4, 2026 |
650 | 652,437 | ||||||
Ingersoll-Rand Services Company |
| |||||||
Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing March 1, 2027 |
1,290 | 1,289,904 | ||||||
LTI Holdings, Inc. |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing September 6, 2025 |
1,430 | 1,397,758 | ||||||
Term Loan, 4.87%, (1 mo. USD LIBOR + 4.75%), Maturing July 24, 2026 |
198 | 196,142 | ||||||
Pro Mach Group, Inc. |
| |||||||
Term Loan, 3.50%, Maturing March 7, 2025(12) |
211 | 220,013 | ||||||
Term Loan, 4.50%, (USD LIBOR + 3.50%, Floor 1.00%), Maturing |
636 | 630,962 | ||||||
Quimper AB |
| |||||||
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing February 13, 2026 |
EUR | 1,750 | 2,135,392 | |||||
Robertshaw US Holding Corp. |
| |||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing February 28, 2025 |
948 | 912,630 | ||||||
Thermon Industries, Inc. |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing October 30, 2024 |
253 | 253,382 |
36
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Titan Acquisition Limited |
| |||||||
Term Loan, 3.27%, (6 mo. USD LIBOR + 3.00%), Maturing March 28, 2025 |
2,820 | $ | 2,763,838 | |||||
Vertical Midco GmbH |
| |||||||
Term Loan, 4.48%, (6 mo. USD LIBOR + 4.25%), Maturing July 30, 2027 |
1,222 | 1,233,647 | ||||||
Welbilt, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing October 23, 2025 |
3,146 | 3,012,536 | ||||||
Zephyr German BidCo GmbH |
| |||||||
Term Loan, Maturing January 21, 2028(14) |
EUR | 600 | 733,970 | |||||
|
|
|||||||
$ | 40,612,991 | |||||||
|
|
|||||||
Insurance 6.9% |
| |||||||
Alliant Holdings Intermediate, LLC |
| |||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing May 9, 2025 |
443 | $ | 441,934 | |||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing May 9, 2025 |
2,281 | 2,274,813 | ||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), Maturing October 8, 2027 |
449 | 450,118 | ||||||
AmWINS Group, Inc. |
| |||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing January 25, 2024 |
4,797 | 4,817,208 | ||||||
AssuredPartners Capital, Inc. |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing February 12, 2027 |
471 | 475,032 | ||||||
AssuredPartners, Inc. |
| |||||||
Term Loan, 3.65%, (1 mo. USD LIBOR + 3.50%), Maturing February 12, 2027 |
1,411 | 1,405,020 | ||||||
Asurion, LLC |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing November 3, 2023 |
1,367 | 1,365,349 | ||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing December 23, 2026 |
1,180 | 1,176,190 | ||||||
Term Loan, Maturing July 29, 2027(14) |
1,500 | 1,485,000 | ||||||
Term Loan - Second Lien, 6.62%, (1 mo. USD LIBOR + 6.50%), Maturing August 4, 2025 |
3,499 | 3,512,365 | ||||||
Term Loan - Second Lien, Maturing January 29, 2028(14) |
1,830 | 1,830,000 | ||||||
Financiere CEP S.A.S. |
| |||||||
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing June 3, 2027 |
EUR | 500 | 610,093 | |||||
FrontDoor, Inc. |
| |||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing August 16, 2025 |
440 | 440,150 |
37
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Hub International Limited |
| |||||||
Term Loan, 2.97%, (USD LIBOR + 2.75%), Maturing April 25, 2025(13) |
3,962 | $ | 3,936,609 | |||||
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing |
1,733 | 1,735,388 | ||||||
NFP Corp. |
| |||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing February 15, 2027 |
3,334 | 3,318,714 | ||||||
Ryan Specialty Group, LLC |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing September 1, 2027 |
1,771 | 1,775,727 | ||||||
Sedgwick Claims Management Services, Inc. |
| |||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing December 31, 2025 |
1,152 | 1,146,462 | ||||||
USI, Inc. |
| |||||||
Term Loan, 3.25%, (3 mo. USD LIBOR + 3.00%), Maturing May 16, 2024 |
3,223 | 3,204,931 | ||||||
Term Loan, 4.25%, (3 mo. USD LIBOR + 4.00%), Maturing December 2, 2026 |
1,312 | 1,315,521 | ||||||
|
|
|||||||
$ | 36,716,624 | |||||||
|
|
|||||||
Leisure Goods/Activities/Movies 6.0% |
| |||||||
AMC Entertainment Holdings, Inc. |
| |||||||
Term Loan, 5.25%, (USD Prime + 2.00%), Maturing April 22, 2026 |
1,744 | $ | 1,460,063 | |||||
Amer Sports Oyj |
| |||||||
Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), Maturing March 30, 2026 |
EUR | 3,300 | 3,929,625 | |||||
Bombardier Recreational Products, Inc. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing May 24, 2027 |
4,226 | 4,213,120 | ||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
647 | 661,302 | ||||||
Carnival Corporation |
| |||||||
Term Loan, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), Maturing |
1,294 | 1,337,802 | ||||||
ClubCorp Holdings, Inc. |
| |||||||
Term Loan, 3.00%, (3 mo. USD LIBOR + 2.75%), Maturing September 18, 2024 |
1,717 | 1,599,247 | ||||||
Crown Finance US, Inc. |
| |||||||
Term Loan, 15.25%, (3 mo. USD LIBOR + 14.25%, Floor 1.00%), 7.00% cash, 8.25% PIK, Maturing May 23, 2024 |
424 | 525,877 | ||||||
Term Loan, 2.63%, (6 mo. EURIBOR + 2.63%), Maturing February 28, 2025 |
EUR | 267 | 253,990 | |||||
Term Loan, 3.50%, (3 mo. USD LIBOR + 2.50%, Floor 1.00%), Maturing February 28, 2025 |
1,598 | 1,267,908 | ||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing September 30, 2026 |
1,386 | 1,090,755 | ||||||
Delta 2 (LUX) S.a.r.l. |
| |||||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), Maturing February 1, 2024 |
1,538 | 1,535,120 | ||||||
Etraveli Holding AB |
| |||||||
Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), Maturing August 2, 2024 |
EUR | 875 | 1,000,799 |
38
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Lindblad Expeditions, Inc. |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.75%, Floor 0.75%), 4.25% cash, 1.25% PIK, Maturing March 27, 2025 |
335 | $ | 315,163 | |||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.75%, Floor 0.75%), 4.25% cash, 1.25% PIK, Maturing March 27, 2025 |
1,341 | 1,260,654 | ||||||
Match Group, Inc. |
| |||||||
Term Loan, 1.96%, (3 mo. USD LIBOR + 1.75%), Maturing February 13, 2027 |
700 | 696,500 | ||||||
Playtika Holding Corp. |
| |||||||
Term Loan, 7.00%, (3 mo. USD LIBOR + 6.00%, Floor 1.00%), Maturing December 10, 2024 |
3,064 | 3,085,362 | ||||||
SeaWorld Parks & Entertainment, Inc. |
| |||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 3.00%, Floor 0.75%), Maturing |
1,655 | 1,621,311 | ||||||
SRAM, LLC |
| |||||||
Term Loan, 3.75%, (USD LIBOR + 2.75%, Floor 1.00%), Maturing |
949 | 950,676 | ||||||
Steinway Musical Instruments, Inc. |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing February 14, 2025 |
282 | 276,146 | ||||||
Travel Leaders Group, LLC |
| |||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing January 25, 2024 |
1,624 | 1,466,380 | ||||||
UFC Holdings, LLC |
| |||||||
Term Loan, 3.75%, (6 mo. USD LIBOR + 3.00%, Floor 0.75%), Maturing |
2,276 | 2,280,703 | ||||||
Vue International Bidco PLC |
| |||||||
Term Loan, 4.75%, (6 mo. EURIBOR + 4.75%), Maturing July 3, 2026 |
EUR | 615 | 637,602 | |||||
|
|
|||||||
$ | 31,466,105 | |||||||
|
|
|||||||
Lodging and Casinos 4.1% |
| |||||||
Aristocrat Technologies, Inc. |
| |||||||
Term Loan, 1.97%, (3 mo. USD LIBOR + 1.75%), Maturing October 19, 2024 |
959 | $ | 956,708 | |||||
Azelis Finance S.A. |
| |||||||
Term Loan, 3.25%, (6 mo. EURIBOR + 3.25%), Maturing November 10, 2025 |
EUR | 1,825 | 2,203,654 | |||||
Boyd Gaming Corporation |
| |||||||
Term Loan, 2.34%, (1 week USD LIBOR + 2.25%), Maturing September 15, 2023 |
615 | 614,317 | ||||||
CityCenter Holdings, LLC |
| |||||||
Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), Maturing |
3,136 | 3,107,619 | ||||||
Golden Nugget, Inc. |
| |||||||
Term Loan, 3.25%, (2 mo. USD LIBOR + 2.50%, Floor 0.75%), Maturing October 4, 2023 |
4,597 | 4,516,536 | ||||||
GVC Holdings (Gibraltar) Limited |
| |||||||
Term Loan, 3.25%, (3 mo. USD LIBOR + 2.25%, Floor 1.00%), Maturing |
1,021 | 1,023,890 |
39
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
GVC Holdings PLC |
| |||||||
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), Maturing March 29, 2024 |
EUR | 1,725 | $ | 2,096,480 | ||||
Playa Resorts Holding B.V. |
| |||||||
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing |
2,369 | 2,293,088 | ||||||
Sportradar Capital S.a.r.l. |
| |||||||
Term Loan, 4.25%, (6 mo. EURIBOR + 4.25%), Maturing October 27, 2027 |
EUR | 500 | 610,314 | |||||
Stars Group Holdings B.V. (The) |
| |||||||
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 10, 2025 |
EUR | 537 | 655,361 | |||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.50%), Maturing July 10, 2025 |
1,609 | 1,616,428 | ||||||
VICI Properties 1, LLC |
| |||||||
Term Loan, 1.88%, (1 mo. USD LIBOR + 1.75%), Maturing December 20, 2024 |
2,124 | 2,114,130 | ||||||
|
|
|||||||
$ | 21,808,525 | |||||||
|
|
|||||||
Nonferrous Metals/Minerals 0.5% |
| |||||||
American Consolidated Natural Resources, Inc. |
| |||||||
Term Loan, 17.00%, (1 mo. USD LIBOR + 16.00%, Floor 1.00%), 14.00% cash, 3.00% PIK, Maturing September 16, 2025 |
488 | $ | 471,270 | |||||
CD&R Hydra Buyer, Inc. |
| |||||||
Term Loan, 7.50%, (0.00% cash, 7.50% PIK), Maturing August 15, 2021(3)(15) |
166 | 133,354 | ||||||
Oxbow Carbon, LLC |
| |||||||
Term Loan, 5.00%, (1 mo. USD LIBOR + 4.25%, Floor 0.75%), Maturing October 13, 2025 |
741 | 743,402 | ||||||
Rain Carbon GmbH |
| |||||||
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), Maturing January 16, 2025 |
EUR | 925 | 1,098,211 | |||||
|
|
|||||||
$ | 2,446,237 | |||||||
|
|
|||||||
Oil and Gas 4.3% |
| |||||||
Ameriforge Group, Inc. |
| |||||||
Term Loan, 14.00%, (3 mo. USD LIBOR + 13.00%, Floor 1.00%), 9.00% cash, 5.00% PIK, Maturing June 8, 2022 |
739 | $ | 591,402 | |||||
Apergy Corporation |
| |||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing May 9, 2025 |
118 | 118,663 | ||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
195 | 198,900 | ||||||
Blackstone CQP Holdco L.P. |
| |||||||
Term Loan, 3.74%, (3 mo. USD LIBOR + 3.50%), Maturing September 30, 2024 |
960 | 961,936 |
40
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Buckeye Partners L.P. |
| |||||||
Term Loan, 2.90%, (1 mo. USD LIBOR + 2.75%), Maturing November 1, 2026 |
2,556 | $ | 2,562,077 | |||||
Centurion Pipeline Company, LLC |
| |||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing September 28, 2025 |
225 | 225,000 | ||||||
Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing September 29, 2025 |
245 | 244,694 | ||||||
CITGO Holding, Inc. |
| |||||||
Term Loan, 8.00%, (6 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing August 1, 2023 |
1,167 | 1,095,723 | ||||||
CITGO Petroleum Corporation |
| |||||||
Term Loan, 7.25%, (6 mo. USD LIBOR + 6.25%, Floor 1.00%), Maturing |
4,587 | 4,573,951 | ||||||
Delek US Holdings, Inc. |
| |||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing March 31, 2025 |
1,252 | 1,229,509 | ||||||
Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), Maturing March 31, 2025 |
571 | 569,974 | ||||||
Fieldwood Energy, LLC |
| |||||||
DIP Loan, 3.68%, (1 mo. USD LIBOR + 8.75%, Floor 1.00%), Maturing |
395 | 405,368 | ||||||
Term Loan, 0.00%, Maturing April 11, 2022(16) |
2,677 | 662,557 | ||||||
Lealand Finance Company B.V. |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing June 30, 2024 |
24 | 19,674 | ||||||
Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), 1.12% cash, 3.00% PIK, Maturing June 30, 2025 |
334 | 224,459 | ||||||
Matador Bidco S.a.r.l. |
| |||||||
Term Loan, 4.87%, (1 mo. USD LIBOR + 4.75%), Maturing October 15, 2026 |
3,757 | 3,763,656 | ||||||
Prairie ECI Acquiror L.P. |
| |||||||
Term Loan, 4.87%, (1 mo. USD LIBOR + 4.75%), Maturing March 11, 2026 |
2,105 | 2,076,788 | ||||||
PSC Industrial Holdings Corp. |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
1,714 | 1,682,963 | ||||||
RDV Resources Properties, LLC |
| |||||||
Term Loan, 7.50%, (1 mo. USD LIBOR + 6.50%, Floor 1.00%), Maturing |
476 | 323,564 | ||||||
Sunrise Oil & Gas Properties, LLC |
| |||||||
Term Loan, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing |
77 | 69,260 | ||||||
Term Loan - Second Lien, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing January 17, 2023 |
80 | 58,941 | ||||||
Term Loan - Third Lien, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing January 17, 2023 |
93 | 39,837 | ||||||
UGI Energy Services, LLC |
| |||||||
Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing August 13, 2026 |
985 | 990,541 | ||||||
|
|
|||||||
$ | 22,689,437 | |||||||
|
|
41
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Publishing 1.2% |
| |||||||
Alchemy Copyrights, LLC |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing |
499 | $ | 501,244 | |||||
Ascend Learning, LLC |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing July 12, 2024 |
1,064 | 1,068,108 | ||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing July 12, 2024 |
399 | 402,741 | ||||||
Getty Images, Inc. |
| |||||||
Term Loan, 4.63%, (1 mo. USD LIBOR + 4.50%), Maturing February 19, 2026 |
1,575 | 1,572,686 | ||||||
LSC Communications, Inc. |
| |||||||
Term Loan, 0.00%, Maturing September 30, 2022(16) |
678 | 61,454 | ||||||
Nielsen Finance, LLC |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing June 4, 2025 |
794 | 801,692 | ||||||
ProQuest, LLC |
| |||||||
Term Loan, 3.62%, (1 mo. USD LIBOR + 3.50%), Maturing October 23, 2026 |
1,821 | 1,826,289 | ||||||
Tweddle Group, Inc. |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing |
189 | 178,896 | ||||||
|
|
|||||||
$ | 6,413,110 | |||||||
|
|
|||||||
Radio and Television 3.1% |
| |||||||
Cumulus Media New Holdings, Inc. |
| |||||||
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
469 | $ | 469,705 | |||||
Diamond Sports Group, LLC |
| |||||||
Term Loan, 3.38%, (1 mo. USD LIBOR + 3.25%), Maturing August 24, 2026 |
2,864 | 2,467,599 | ||||||
Entercom Media Corp. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing November 18, 2024 |
857 | 846,728 | ||||||
Entravision Communications Corporation |
| |||||||
Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing November 29, 2024 |
771 | 763,599 | ||||||
Gray Television, Inc. |
| |||||||
Term Loan, 2.39%, (1 mo. USD LIBOR + 2.25%), Maturing February 7, 2024 |
209 | 208,286 | ||||||
Term Loan, 2.64%, (1 mo. USD LIBOR + 2.50%), Maturing January 2, 2026 |
595 | 595,122 | ||||||
Hubbard Radio, LLC |
| |||||||
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), Maturing |
697 | 684,922 | ||||||
iHeartCommunications, Inc. |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2026 |
1,708 | 1,692,807 | ||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), Maturing May 1, 2026 |
398 | 399,492 | ||||||
Nexstar Broadcasting, Inc. |
| |||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing January 17, 2024 |
1,267 | 1,266,941 | ||||||
Term Loan, 2.89%, (1 mo. USD LIBOR + 2.75%), Maturing September 18, 2026 |
431 | 432,620 |
42
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Sinclair Television Group, Inc. |
| |||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing January 3, 2024 |
393 | $ | 391,696 | |||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing September 30, 2026 |
593 | 592,315 | ||||||
Terrier Media Buyer, Inc. |
| |||||||
Term Loan, 4.37%, (1 mo. USD LIBOR + 4.25%), Maturing December 17, 2026 |
2,422 | 2,428,140 | ||||||
Univision Communications, Inc. |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing |
3,166 | 3,175,322 | ||||||
|
|
|||||||
$ | 16,415,294 | |||||||
|
|
|||||||
Retailers (Except Food and Drug) 1.8% |
| |||||||
Apro, LLC |
| |||||||
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), Maturing |
619 | $ | 622,964 | |||||
Ascena Retail Group, Inc. |
| |||||||
Term Loan, 0.00%, Maturing August 21, 2022(16) |
1,491 | 313,125 | ||||||
Bass Pro Group, LLC |
| |||||||
Term Loan, 5.75%, (1 mo. USD LIBOR + 5.00%, Floor 0.75%), Maturing |
1,258 | 1,261,343 | ||||||
BJs Wholesale Club, Inc. |
| |||||||
Term Loan, 2.13%, (1 mo. USD LIBOR + 2.00%), Maturing February 3, 2024 |
471 | 472,576 | ||||||
CNT Holdings I Corp. |
| |||||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), Maturing |
725 | 730,721 | ||||||
Coinamatic Canada, Inc. |
| |||||||
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.25%, Floor 1.00%), Maturing May 14, 2022 |
42 | 42,162 | ||||||
Davids Bridal, Inc. |
| |||||||
Term Loan, 11.00%, (3 mo. USD LIBOR + 10.00%, Floor 1.00%), 6.00% cash, 5.00% PIK, Maturing June 23, 2023 |
287 | 277,461 | ||||||
Term Loan, 7.00%, (3 mo. USD LIBOR + 6.00%, Floor 1.00%), Maturing June 30, 2023 |
333 | 289,542 | ||||||
Harbor Freight Tools USA, Inc. |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), Maturing |
1,471 | 1,475,254 | ||||||
Hoya Midco, LLC |
| |||||||
Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing June 30, 2024 |
1,956 | 1,878,006 | ||||||
LSF9 Atlantis Holdings, LLC |
| |||||||
Term Loan, 7.00%, (1 mo. USD LIBOR + 6.00%, Floor 1.00%), Maturing May 1, 2023 |
900 | 903,262 |
43
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
PetSmart, Inc. |
| |||||||
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing |
1,231 | $ | 1,231,766 | |||||
Phillips Feed Service, Inc. |
| |||||||
Term Loan, 8.00%, (3 mo. USD LIBOR + 7.00%, Floor 1.00%), Maturing |
104 | 83,159 | ||||||
Pier 1 Imports (U.S.), Inc. |
| |||||||
Term Loan, 0.00%, Maturing April 30, 2021(3)(16) |
161 | 79,993 | ||||||
|
|
|||||||
$ | 9,661,334 | |||||||
|
|
|||||||
Steel 0.9% |
| |||||||
Atkore International, Inc. |
| |||||||
Term Loan, 3.75%, (3 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing |
1,154 | $ | 1,157,804 | |||||
GrafTech Finance, Inc. |
| |||||||
Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing |
1,207 | 1,211,416 | ||||||
Neenah Foundry Company |
| |||||||
Term Loan, 10.00%, (2 mo. USD LIBOR + 9.00%, Floor 1.00%), Maturing |
608 | 531,615 | ||||||
Phoenix Services International, LLC |
| |||||||
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing March 1, 2025 |
827 | 825,592 | ||||||
TMS International Corp. |
| |||||||
Term Loan, 3.75%, (USD LIBOR + 2.75%, Floor 1.00%), Maturing August 14, 2024(13) |
250 | 250,000 | ||||||
Zekelman Industries, Inc. |
| |||||||
Term Loan, 2.13%, (1 mo. USD LIBOR + 2.00%), Maturing January 24, 2027 |
558 | 558,719 | ||||||
|
|
|||||||
$ | 4,535,146 | |||||||
|
|
|||||||
Surface Transport 0.5% |
| |||||||
Hertz Corporation (The) |
| |||||||
DIP Loan, 4.43%, (1 mo. USD LIBOR + 7.25%, Floor 1.00%), Maturing |
817 | $ | 838,754 | |||||
Term Loan, 3.50%, (1 mo. USD LIBOR + 2.75%, Floor 0.75%), Maturing June 30, 2023 |
961 | 948,205 | ||||||
Kenan Advantage Group, Inc. |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing July 31, 2022 |
106 | 104,911 | ||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing July 31, 2022 |
348 | 344,997 | ||||||
XPO Logistics, Inc. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing February 24, 2025 |
600 | 600,937 | ||||||
|
|
|||||||
$ | 2,837,804 | |||||||
|
|
44
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Telecommunications 6.1% |
| |||||||
CenturyLink, Inc. |
| |||||||
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing March 15, 2027 |
6,782 | $ | 6,769,253 | |||||
Colorado Buyer, Inc. |
| |||||||
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing |
1,572 | 1,516,984 | ||||||
Digicel International Finance Limited |
| |||||||
Term Loan, 3.51%, (6 mo. USD LIBOR + 3.25%), Maturing May 28, 2024 |
1,451 | 1,358,138 | ||||||
eircom Finco S.a.r.l. |
| |||||||
Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), Maturing May 15, 2026 |
EUR | 1,540 | 1,866,632 | |||||
Gamma Infrastructure III B.V. |
| |||||||
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), Maturing January 9, 2025 |
EUR | 1,825 | 2,197,194 | |||||
Global Eagle Entertainment, Inc. |
| |||||||
DIP Loan, 11.25%, (1 mo. USD LIBOR + 10.00%, Floor 1.25%), Maturing March 31, 2021 |
398 | 392,357 | ||||||
Term Loan, 0.00%, Maturing January 6, 2023(16) |
2,678 | 1,914,528 | ||||||
Intelsat Jackson Holdings S.A. |
| |||||||
DIP Loan, 6.50%, (USD LIBOR + 5.50%, Floor 1.00%), Maturing July 13, 2022(13) |
1,022 | 1,045,100 | ||||||
Term Loan, 8.00%, (USD Prime + 4.75%), Maturing November 27, 2023 |
1,750 | 1,777,781 | ||||||
Term Loan, 8.75%, (USD Prime + 5.50%), Maturing January 2, 2024 |
1,700 | 1,729,750 | ||||||
IPC Corp. |
| |||||||
Term Loan, 5.50%, (3 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing |
1,127 | 895,435 | ||||||
Onvoy, LLC |
| |||||||
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing February 10, 2024 |
1,660 | 1,643,017 | ||||||
Plantronics, Inc. |
| |||||||
Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing July 2, 2025 |
1,192 | 1,179,868 | ||||||
Syniverse Holdings, Inc. |
| |||||||
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing |
948 | 868,777 | ||||||
Telesat Canada |
| |||||||
Term Loan, 2.88%, (1 mo. USD LIBOR + 2.75%), Maturing December 7, 2026 |
1,078 | 1,076,040 | ||||||
Zayo Group Holdings, Inc. |
| |||||||
Term Loan, 3.12%, (1 mo. USD LIBOR + 3.00%), Maturing March 9, 2027 |
2,160 | 2,155,889 | ||||||
Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing March 9, 2027 |
EUR | 422 | 511,677 | |||||
Ziggo Financing Partnership |
| |||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing April 30, 2028 |
3,475 | 3,464,141 | ||||||
|
|
|||||||
$ | 32,362,561 | |||||||
|
|
45
Borrower/Tranche Description | Principal Amount* (000s omitted) |
Value | ||||||
Utilities 1.1% |
| |||||||
Brookfield WEC Holdings, Inc. |
| |||||||
Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), Maturing August 1, 2025 |
1,661 | $ | 1,661,830 | |||||
Calpine Construction Finance Company L.P. |
| |||||||
Term Loan, 2.12%, (1 mo. USD LIBOR + 2.00%), Maturing January 15, 2025 |
864 | 862,224 | ||||||
Calpine Corporation |
| |||||||
Term Loan, 2.38%, (1 mo. USD LIBOR + 2.25%), Maturing April 5, 2026 |
862 | 861,538 | ||||||
Term Loan, 2.63%, (1 mo. USD LIBOR + 2.50%), Maturing December 16, 2027 |
1,984 | 1,988,250 | ||||||
Longview Power, LLC |
| |||||||
Term Loan, 11.50%, (3 mo. USD LIBOR + 10.00%, Floor 1.50%), Maturing |
339 | 270,883 | ||||||
USIC Holdings, Inc. |
| |||||||
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), Maturing |
195 | 194,896 | ||||||
|
|
|||||||
$ | 5,839,621 | |||||||
|
|
|||||||
Total Senior Floating-Rate Loans |
|
$ | 782,763,871 | |||||
|
|
|||||||
Warrants 0.0%(6) |
| |||||||
Security | Shares | Value | ||||||
Entertainment 0.0%(6) |
| |||||||
Cineworld Group, Exp. 11/23/25(4)(5) |
139,907 | $ | 68,224 | |||||
|
|
|||||||
$ | 68,224 | |||||||
|
|
|||||||
Health Care 0.0%(6) |
| |||||||
THAIHOT Investment Company US Limited, Exp. 10/13/27(3)(4)(5) |
22 | $ | 6,772 | |||||
THAIHOT Investment Company US Limited, Exp. 10/13/27(3)(4)(5) |
158 | 48,632 | ||||||
THAIHOT Investment Company US Limited, Exp. 10/13/27, (Contingent Warrants)(3)(4)(5) |
10,065 | 0 | ||||||
|
|
|||||||
$ | 55,404 | |||||||
|
|
|||||||
Retailers (Except Food and Drug) 0.0% |
| |||||||
Davids Bridal, LLC, Exp. 11/26/22(3)(4)(5) |
4,339 | $ | 0 | |||||
|
|
|||||||
$ | 0 | |||||||
|
|
|||||||
Total Warrants |
|
$ | 123,628 | |||||
|
|
46
Miscellaneous 0.0%(6) |
| |||||||
Security | Shares | Value | ||||||
Oil and Gas 0.0%(6) |
| |||||||
Paragon Offshore Finance Company, Class A(4)(5) |
1,527 | $ | 458 | |||||
Paragon Offshore Finance Company, Class B(4)(5) |
764 | 9,359 | ||||||
|
|
|||||||
Total Miscellaneous |
|
$ | 9,817 | |||||
|
|
|||||||
Short-Term Investments 2.3% |
||||||||
Description | Units | Value | ||||||
Eaton Vance Cash Reserves Fund, LLC, 0.11%(17) |
12,283,586 | $ | 12,283,586 | |||||
|
|
|||||||
Total Short-Term Investments |
|
$ | 12,283,586 | |||||
|
|
|||||||
Total Investments 165.5% |
|
$ | 874,779,394 | |||||
|
|
|||||||
Less Unfunded Loan Commitments (0.4)% |
|
$ | (1,887,544 | ) | ||||
|
|
|||||||
Net Investments 165.1% |
|
$ | 872,891,850 | |||||
|
|
|||||||
Other Assets, Less Liabilities (50.8)% |
|
$ | (268,502,978 | ) | ||||
|
|
|||||||
Auction Preferred Shares Plus Cumulative Unpaid Dividends (14.3)% |
|
$ | (75,803,461 | ) | ||||
|
|
|||||||
Net Assets 100.0% |
|
$ | 528,585,411 | |||||
|
|
The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.
* | In U.S. dollars unless otherwise indicated. |
(1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2021, the aggregate value of these securities is $55,008,799 or 10.4% of the Trusts net assets applicable to common shares. |
(2) | Variable rate security. The stated interest rate represents the rate in effect at January 31, 2021. |
(3) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
(4) | Non-income producing security. |
(5) | Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale. |
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(6) | Amount is less than 0.05%. |
(7) | Restricted security. |
(8) | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
(9) | Security converts to variable rate after the indicated fixed-rate coupon period. |
(10) | Represents a payment-in-kind security which may pay interest in additional principal at the issuers discretion. |
(11) | Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the London Interbank Offered Rate (LIBOR) and secondarily, the prime rate offered by one or more major United States banks (the Prime Rate). Base lending rates may be subject to a floor, or a minimum rate. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold. |
(12) | Unfunded or partially unfunded loan commitments. The Trust may enter into certain loan agreements all or a portion of which may be unfunded. The Trust is obligated to fund these commitments at the borrowers discretion. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At January 31, 2021, the total value of unfunded loan commitments is $1,922,791. |
(13) | The stated interest rate represents the weighted average interest rate at January 31, 2021 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period. |
(14) | This Senior Loan will settle after January 31, 2021, at which time the interest rate will be determined. |
(15) | Fixed-rate loan. |
(16) | Issuer is in default with respect to interest and/or principal payments. For a variable rate security, interest rate has been adjusted to reflect non-accrual status. |
(17) | Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of January 31, 2021. |
Forward Foreign Currency Exchange Contracts
Currency Purchased |
Currency Sold |
Counterparty |
Settlement Date |
Unrealized Appreciation |
Unrealized (Depreciation) |
|||||||||||||||||||
USD | 19,173,263 | EUR | 15,659,870 | Standard Chartered Bank | 2/2/21 | $ | 169,235 | $ | | |||||||||||||||
USD | 19,373,402 | EUR | 16,274,084 | HSBC Bank USA, N.A. | 2/26/21 | | (386,311 | ) | ||||||||||||||||
USD | 602,297 | EUR | 495,000 | State Street Bank and Trust Company | 2/26/21 | 1,276 | | |||||||||||||||||
USD | 87,283 | GBP | 64,005 | JPMorgan Chase Bank, N.A. | 2/26/21 | | (423 | ) | ||||||||||||||||
USD | 1,394,203 | GBP | 1,043,470 | State Street Bank and Trust Company | 2/26/21 | | (35,676 | ) | ||||||||||||||||
USD | 19,036,384 | EUR | 15,659,870 | Standard Chartered Bank | 3/2/21 | 20,768 | | |||||||||||||||||
USD | 22,542,239 | EUR | 18,592,181 | Goldman Sachs International | 3/31/21 | | (49,147 | ) | ||||||||||||||||
|
|
|
|
|||||||||||||||||||||
$ | 191,279 | $ | (471,557 | ) | ||||||||||||||||||||
|
|
|
|
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Abbreviations: | ||||
DIP |
- | Debtor In Possession | ||
EURIBOR |
- | Euro Interbank Offered Rate | ||
LIBOR |
- | London Interbank Offered Rate | ||
PIK |
- | Payment In Kind | ||
Currency Abbreviations: | ||||
EUR |
- | Euro | ||
GBP |
- | British Pound Sterling | ||
USD |
- | United States Dollar |
Restricted Securities
At January 31, 2021, the Trust owned the following securities (representing 0% of net assets applicable to common shares) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Trust has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees.
Description | Date of Acquisition |
Shares | Cost | Value | ||||||||||||
Common Stocks |
||||||||||||||||
Nine Point Energy Holdings, Inc. |
7/15/14 | 758 | $ | 34,721 | $ | 0 | ||||||||||
Convertible Preferred Stocks |
||||||||||||||||
Nine Point Energy Holdings, Inc., Series A, 12.00% |
5/26/17 | 14 | $ | 14,000 | $ | 0 | ||||||||||
|
|
|
|
|||||||||||||
Total Restricted Securities |
$ | 48,721 | $ | 0 | ||||||||||||
|
|
|
|
At January 31, 2021, the Trust had sufficient cash and/or securities to cover commitments under open derivative contracts.
The Trust is subject to foreign exchange risk in the normal course of pursuing its investment objectives. Because the Trust holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Trust enters into forward foreign currency exchange contracts.
At January 31, 2021, the value of the Trusts investment in affiliated funds was $12,283,586, which represents 2.3% of the Trusts net assets applicable to common shares. Transactions in affiliated funds by the Trust for the fiscal year to date ended January 31, 2021 were as follows:
Name of |
Value, beginning of period |
Purchases | Sales proceeds |
Net realized gain (loss) |
Change in unrealized appreciation (depreciation) |
Value, end of period |
Dividend income |
Units, end of period |
||||||||||||||||||||||||
Short-Term Investments |
| |||||||||||||||||||||||||||||||
Eaton Vance Cash Reserves Fund, LLC |
$ | 12,286,436 | $ | 62,375,716 | $ | (62,378,566 | ) | $ | | $ | | $ | 12,283,586 | $ | 2,265 | 12,283,586 |
Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
| Level 1 quoted prices in active markets for identical investments |
| Level 2 other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
| Level 3 significant unobservable inputs (including a funds own assumptions in determining the fair value of investments) |
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In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
At January 31, 2021, the hierarchy of inputs used in valuing the Trusts investments and open derivative instruments, which are carried at value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3* | Total | ||||||||||||
Asset-Backed Securities |
$ | | $ | 35,985,267 | $ | | $ | 35,985,267 | ||||||||
Closed-End Funds |
8,727,478 | | | 8,727,478 | ||||||||||||
Common Stocks |
1,751,708 | 3,616,220 | 2,449,630 | 7,817,558 | ||||||||||||
Convertible Preferred Stocks |
| | 0 | 0 | ||||||||||||
Corporate Bonds & Notes |
| 26,669,053 | | 26,669,053 | ||||||||||||
Preferred Stocks |
| 285,908 | 113,228 | 399,136 | ||||||||||||
Senior Floating-Rate Loans (Less Unfunded Loan Commitments) |
| 778,768,051 | 2,108,276 | 780,876,327 | ||||||||||||
Warrants |
| 68,224 | 55,404 | 123,628 | ||||||||||||
Miscellaneous |
| 9,817 | | 9,817 | ||||||||||||
Short-Term Investments |
| 12,283,586 | | 12,283,586 | ||||||||||||
Total Investments |
$ | 10,479,186 | $ | 857,686,126 | $ | 4,726,538 | $ | 872,891,850 | ||||||||
Forward Foreign Currency Exchange Contracts |
$ | | $ | 191,279 | $ | | $ | 191,279 | ||||||||
Total |
$ | 10,479,186 | $ | 857,877,405 | $ | 4,726,538 | $ | 873,083,129 | ||||||||
Liability Description | ||||||||||||||||
Forward Foreign Currency Exchange Contracts |
$ | | $ | (471,557 | ) | $ | | $ | (471,557 | ) | ||||||
Total |
$ | | $ | (471,557 | ) | $ | | $ | (471,557 | ) |
* | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Trust. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended January 31, 2021 is not presented.
For information on the Trusts policy regarding the valuation of investments and other significant accounting policies, please refer to the Trusts most recent financial statements included in its semiannual or annual report to shareholders.
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