NPORT-EX 2 NPORT_D2I8_64662978_0923.htm BlackRock Floating Rate Income Trust

Schedule of Investments (unaudited)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security       

Par

(000)

    Value  
Asset-Backed Securities  

Golub Capital Partners CLO Ltd., Series 2023-66, Class D, (3-mo. CME Term SOFR + 5.50%), 10.48%, 04/25/36(a)(b)

  USD     1,000     $ 1,000,463  

Palmer Square CLO Ltd., Series 2023-2A, Class D, (3-mo. CME Term SOFR + 5.00%), 6.80%, 04/20/36(a)(b)

      1,000       1,009,265  

Pikes Peak CLO Ltd., Series 2023-14, Class D, (3-mo. CME Term SOFR + 5.45%), 10.64%, 04/20/36(a)(b)

      1,000       1,003,057  

Whitebox CLO IV Ltd., Series 2023-4A, Class D, (3-mo. CME Term SOFR + 5.15%), 9.93%, 04/20/36(a)(b)

      1,000       1,001,554  
     

 

 

 

Total Asset-Backed Securities — 1.4%
(Cost: $4,000,000)

 

        4,014,339  
     

 

 

 
          Shares         
Common Stocks                
Automobile Components — 0.0%  

Lear Corp.(c)(d)

      178       23,888  
     

 

 

 
Construction & Engineering — 0.0%                

McDermott International Ltd.(d)

      76,644       19,161  
     

 

 

 
Energy Equipment & Services — 0.0%  

Project Investor Holdings LLC, (Acquired 02/12/19, Cost: $0)(e)(f)

      3,738        
     

 

 

 
Entertainment — 0.1%                

Learfield Communications LLC, (Acquired 09/06/23, Cost: $143,181)(e)(f)

      4,192       155,104  
     

 

 

 
Financial Services — 0.1%                

NMG Parent LLC

      2,218       252,852  
     

 

 

 
Household Products — 0.0%                

Berkline Benchcraft Equity LLC(e)

      6,155        
     

 

 

 
Industrial Conglomerates — 0.0%                

Ameriforge Group, Inc.

      832       8  
     

 

 

 

Total Common Stocks — 0.2%
(Cost: $1,390,135)

 

    451,013  
     

 

 

 
          Par
(000)
        
Corporate Bonds                
Automobile Components — 0.1%                

Clarios Global LP, 6.75%, 05/15/25(b)

  USD     275       272,930  
     

 

 

 
Building Materials — 0.0%                

Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29(b)

      73       66,284  
     

 

 

 
Building Products — 0.1%                

White Cap Buyer LLC, 6.88%, 10/15/28(b)

      155       136,991  
     

 

 

 
Capital Markets — 0.0%                

AG TTMT Escrow Issuer LLC, 8.63%, 09/30/27(b)

      74       74,454  
     

 

 

 
Security          Par
(000)
    Value  
Chemicals(b) — 0.1%  

Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28

    USD       32     $ 30,222  

WR Grace Holdings LLC, 5.63%, 08/15/29

      409       330,779  
     

 

 

 
        361,001  
Commercial Services & Supplies — 0.1%                  

Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 01/15/28(b)

      127           117,623  
     

 

 

 
Construction & Engineering — 0.1%                  

Brand Industrial Services, Inc., 10.38%, 08/01/30

      154       154,237  
     

 

 

 
Construction Materials — 0.0%                  

Wesco Aircraft Holdings, Inc., 9.00%, 11/15/26(b)

      926       87,970  
     

 

 

 
Diversified Telecommunication Services — 0.0%  

Zayo Group Holdings, Inc., 6.13%, 03/01/28(b)

      155       99,621  
     

 

 

 
Electric Utilities — 0.0%                  

Texas Competitive Electric Holdings, Series M, 10/10/19(a)(c)(d)(e)(g)

      1,050        
     

 

 

 
Electronic Equipment, Instruments & Components — 0.2%  

Vertiv Group Corp., 4.13%, 11/15/28(b)

      556       488,730  
     

 

 

 
Health Care Providers & Services — 0.1%                  

Medline Borrower LP, 5.25%, 10/01/29(b)

      237       204,838  
     

 

 

 
Hotels, Restaurants & Leisure(b) — 0.2%                  

Caesars Entertainment, Inc., 4.63%, 10/15/29

      240       203,294  

Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc., 6.75%, 01/15/30

      395       321,965  
     

 

 

 
        525,259  
Household Durables — 0.1%                  

SWF Escrow Issuer Corp., 6.50%, 10/01/29(b)

      465       297,460  
     

 

 

 
Household Products — 0.0%                  

Berkline Benchcraft LLC,
4.50%, 05/03/12(a)(c)(d)(e)

      400        
     

 

 

 
Insurance — 0.1%                  

Alliant Holdings Intermediate LLC/Alliant Holdings Co- Issuer, 6.75%, 10/15/27(b)

      220       204,603  
     

 

 

 
Internet Software & Services(b) — 0.1%                  

Uber Technologies, Inc.

     

6.25%, 01/15/28

      137       133,968  

4.50%, 08/15/29

      235       210,056  
     

 

 

 
        344,024  
IT Services — 0.0%                  

Central Parent LLC/CDK Global II LLC/CDK Financing Co, Inc., 8.00%, 06/15/29

      118       117,563  
     

 

 

 
Machinery — 0.2%                  

Madison IAQ LLC, 5.88%, 06/30/29(b)

      742       597,490  
     

 

 

 
Media(b) — 0.2%                  

Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23(h)

      163       48,017  

Odeon Finco PLC, 12.75%, 11/01/27

      374       371,932  

Radiate Holdco LLC/Radiate Finance, Inc., 4.50%, 09/15/26

      353       268,162  
     

 

 

 
        688,111  
Passenger Airlines — 0.3%                  

Allegiant Travel Co., 8.50%, 02/05/24(b)

      740       740,000  
     

 

 

 
 

 

 

1


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Real Estate Management & Development — 0.2%  

Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp., 7.00%, 04/15/30(b)

    USD       449     $ 405,042  

Cushman & Wakefield U.S. Borrower LLC, 8.88%, 09/01/31

      51       49,342  

Realogy Group LLC/Realogy Co.-Issuer Corp., 5.75%, 01/15/29(b)

      29       20,966  
     

 

 

 
        475,350  
Software — 0.1%                  

Cloud Software Group, Inc., 9.00%, 09/30/29(b)

      379       329,351  
Wireless Telecommunication Services — 0.0%  

VICI Properties LP/VICI Note Co., Inc., 4.63%, 06/15/25(b)

      85       82,084  
     

 

 

 

Total Corporate Bonds — 2.3%
(Cost: $7,723,835)

 

        6,465,974  
     

 

 

 

Fixed Rate Loan Interests

     
Media — 0.2%                  

AVSC Holding Corp., 2020 Term Loan B3, (5.00% Cash and 10.00% PIK), 15.00%, 10/15/26(h)

      594       609,441  
     

 

 

 

Total Fixed Rate Loan Interests — 0.2%
(Cost: $566,651)

 

    609,441  
     

 

 

 

Floating Rate Loan Interests(a)

     
Aerospace & Defense — 4.8%                  

Atlas CC Acquisition Corp.

     

Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.25%), 9.93%, 05/25/28

      1,808       1,681,403  

Term Loan C, (3-mo. CME Term SOFR at 0.75% Floor + 4.25%), 9.93%, 05/25/28

      368       342,000  

Bleriot U.S. Bidco, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 4.00%), 9.65%, 10/31/28

      599       598,880  

Cobham Ultra SeniorCo SARL, USD Term Loan B, (6-mo. CME Term SOFR at 0.50% Floor + 3.50%), 9.36%, 08/03/29

      228       226,190  

Dynasty Acquisition Co., Inc., 2023 Term Loan B1, (1-mo. CME Term SOFR + 4.00%), 9.32%, 08/24/28

      2,369       2,362,558  

NORDAM Group, Inc., Term Loan B, (1-mo. CME Term SOFR + 5.60%), 10.92%, 04/09/26

      451       407,374  

Peraton Corp.

     

2nd Lien Term Loan B1, (3-mo. CME Term SOFR at 0.75% Floor + 7.75%), 13.23%, 02/01/29

      1,044       1,019,313  

Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.17%, 02/01/28

      3,473       3,462,185  

Setanta Aircraft Leasing Designated Activity Co., Term Loan B, (3-mo. CME Term SOFR + 2.00%), 7.65%, 11/05/28

      826       825,100  

Standard Aero Ltd., 2023 Term Loan B2, (1-mo. CME Term SOFR + 4.00%), 9.32%, 08/24/28

      1,015       1,012,525  

TransDigm, Inc., 2023 Term Loan I, (3-mo. CME Term SOFR + 3.25%), 8.64%, 08/24/28

      1,841       1,841,183  
     

 

 

 
        13,778,711  
Automobile Components — 0.8%                  

Adient U.S. LLC, 2021 Term Loan B, (1-mo. CME Term SOFR + 3.25%), 8.68%, 04/10/28

      408       407,144  
Security          Par
(000)
    Value  
Automobile Components (continued)                  

Clarios Global LP, 2023 Incremental Term Loan, (1-mo. CME Term SOFR + 3.75%), 9.07%, 05/06/30

    USD       1,390     $ 1,385,663  

Tenneco, Inc., 2022 Term Loan B, (3-mo. CME Term SOFR + 5.00%), 10.48%, 11/17/28

      691       585,104  
     

 

 

 
        2,377,911  
Automobiles — 0.6%                  

Dealer Tire Financial LLC, Series B, Term Loan B2, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.82%, 12/14/27

      1,556       1,557,382  
     

 

 

 
Beverages — 1.1%                  

Naked Juice LLC

     

2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.49%, 01/24/30

      1,157       933,789  

Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.74%, 01/24/29

      2,378       2,253,193  
     

 

 

 
        3,186,982  
Broadline Retail — 1.9%                  

Fanatics Commerce Intermediate Holdco LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.83%, 11/24/28

      1,042       1,038,735  

Midas Intermediate Holdco II LLC, 2022 PIK Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 6.85%, 1.50% PIK), 15.17%, 06/30/27(h)

      1,701       1,601,394  

PUG LLC

     

2021 Incremental Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.68%, 02/12/27(e)

      225       213,566  

USD Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.93%, 02/12/27

      2,144       2,018,263  

Sally Holdings, LLC, 2023 CovLite Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.57%, 02/28/30

      390       390,040  

Woof Holdings, Inc., 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.40%, 12/21/27

      233       184,235  
     

 

 

 
            5,446,233  
Building Products — 1.7%                  

AZZ, Inc., Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.07%, 05/13/29

      161       161,011  

Cornerstone Building Brands, Inc., 2021 Term Loan B, (1- mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 04/12/28

      157       152,464  

CP Atlas Buyer, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 11/23/27

      898       845,035  

CPG International LLC, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.92%, 04/28/29

      478       477,573  

IPS Corp.

     

2021 2nd Lien Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 7.00%), 12.42%, 10/01/29(e)

      645       548,250  

2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 10/02/28

      367       354,247  

Jeld-Wen, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.68%, 07/28/28

      501       500,735  

Wilsonart LLC, 2021 Term Loan E, (3-mo. CME Term SOFR at 1.00% Floor + 3.25%), 8.74%, 12/31/26

      1,941       1,933,854  
     

 

 

 
        4,973,169  
Capital Markets — 3.5%                  

Ascensus Holdings, Inc.

     

2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 6.50%), 12.03%, 08/02/29

      1,778       1,681,362  
 

 

 

C H E D U L E    O F   I N V E S T M E N  T S   2


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Capital Markets (continued)                  

Ascensus Holdings, Inc. (continued)

     

Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 08/02/28

    USD       1,690     $ 1,670,073  

Axalta Coating Systems U.S. Holdings, Inc., 2023 USD Term Loan B4, (3-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.90%, 12/20/29

      833       833,654  

Azalea Topco, Inc., Term Loan, (1-mo. CME Term SOFR + 3.50%), 9.18%, 07/24/26

      592       568,846  

Castlelake Aviation Ltd., Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.42%, 10/22/26

      978       975,397  

Castlelake Aviation One DAC, 2023 Incremental Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.42%, 10/22/27

      443       441,548  

Focus Financial Partners LLC

     

2021 Term Loan B4, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.82%, 06/30/28

      899       895,927  

2023 Term Loan B6, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.82%, 06/30/28

      483       481,966  

ION Trading Finance Ltd., 2021 USD Term Loan, (3-mo. CME Term SOFR + 4.75%), 10.24%, 04/03/28

      413       406,144  

Learning Care Group U.S. No. 2, Inc., 2023 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.75%), 10.13%, 08/11/28

      136       135,773  

Osaic Holdings, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 4.50%), 9.82%, 08/17/28

      858       856,903  

Press Ganey Holdings, Inc., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.43%, 07/24/26

      1,028       989,577  
     

 

 

 
            9,937,170  
Chemicals — 5.6%                  

Arc Falcon I, Inc., 2021 2nd Lien Term Loan, (1-mo. CME Term SOFR + 7.00%), 12.42%, 09/30/29

      572       512,655  

Aruba Investments Holdings LLC

     

2020 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 7.75%), 13.17%, 11/24/28

      885       823,050  

2020 USD Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.42%, 11/24/27

      467       457,147  

Ascend Performance Materials Operations LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.32%, 08/27/26

      944       922,397  

Chemours Co., 2023 USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 8.82%, 08/18/28(e)

      710       701,125  

CPC Acquisition Corp., Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.40%, 12/29/27

      397       327,058  

Discovery Purchaser Corp., Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.38%), 9.77%, 10/04/29

      590       567,606  

Element Solutions, Inc., 2019 Term Loan B1, (1-mo. CME Term SOFR + 2.00%), 7.32%, 01/31/26

      1,213       1,209,781  

HB Fuller Co., 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.57%, 02/15/30

      179       179,292  

Herens U.S. Holdco Corp., USD Term Loan B, (3-mo. CME Term SOFR + 3.93%), 9.42%, 07/03/28

      657       580,635  

Illuminate Buyer LLC, 2021 Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.93%, 06/30/27

      143       142,156  

INEOS U.S. Finance LLC, 2023 USD Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.92%, 02/18/30

      415       411,329  

LSF11 A5 Holdco LLC

     

2023 Incremental Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.67%, 10/15/28

      178       174,892  
Security          Par
(000)
    Value  
Chemicals (continued)                  

LSF11 A5 Holdco LLC (continued)

     

Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.81%, 10/15/28

    USD       1,113     $ 1,085,962  

Messer Industries GmbH, 2018 USD Term Loan, (3-mo. CME Term SOFR + 2.50%), 8.15%, 03/02/26

      1,281       1,279,578  

Momentive Performance Materials Inc., 2023 Term Loan, (1-mo. CME Term SOFR + 4.50%), 9.82%, 03/29/28

      1,249       1,212,300  

Nouryon USA LLC, 2023 USD Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.43%, 04/03/28

      567       558,835  

Olympus Water U.S. Holding Corp., 2023 Incremental Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 5.00%), 10.39%, 11/09/28

      416       414,353  

OQ Chemicals Corp., 2017 USD Term Loan B2, (1-mo. CME Term SOFR + 3.60%), 8.93%, 10/14/24

      1,051       1,041,207  

PQ Corp., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.97%, 06/09/28

      1,059       1,054,006  

SCIH Salt Holdings, Inc., 2021 Incremental Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.63%, 03/16/27

      643       638,666  

Sparta U.S. HoldCo LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.69%, 08/02/28

      1,007       1,001,865  

Starfruit Finco BV, 2018 USD Term Loan B, (1-mo. CME Term SOFR + 3.00%), 8.43%, 10/01/25

      58       57,772  

W.R. Grace Holdings LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.40%, 09/22/28

      566       560,911  
     

 

 

 
            15,914,578  
Commercial Services & Supplies — 4.7%                  

Allied Universal Holdco LLC

     

2021 USD Incremental Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 05/12/28

      1,601       1,543,829  

2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.75%), 10.07%, 05/12/28

      206       202,653  

Amentum Government Services Holdings LLC, 2022 Term Loan, (1-mo. CME Term SOFR + 4.00%), 9.33%, 02/15/29

      482       474,373  

Aramark Services, Inc., 2023 Term Loan B6, (1-mo. CME Term SOFR + 2.50%), 7.93%, 06/22/30

      468       466,383  

Asplundh Tree Expert LLC, 2021 Term Loan B, (1-mo. CME Term SOFR + 1.75%), 7.17%, 09/07/27

      1,201       1,198,686  

Clean Harbors, Inc., 2021 Incremental Term Loan B, (1-mo. CME Term SOFR + 2.00%), 7.43%, 10/08/28

      426       427,633  

Covanta Holding Corp.

     

2021 Term Loan C, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.82%, 11/30/28

      53       52,440  

2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.82%, 11/30/28

      694       689,570  

GFL Environmental, Inc., 2023 First Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.82%, 05/31/27

      447       446,961  

LABL, Inc., 2021 USD 1st Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 5.00%), 10.42%, 10/29/28

      982       978,452  

NEP/NCP Holdco, Inc., 2018 1st Lien Term Loan, (1-mo. CME Term SOFR + 3.25%), 8.68%, 10/20/25

      861       829,931  

PECF USS Intermediate Holding III Corp., Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.88%, 12/15/28

      493       393,994  
 

 

 

3


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Commercial Services & Supplies (continued)  

Prime Security Services Borrower LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 2.75%), 8.19%, 09/23/26

    USD       1,202     $ 1,199,860  

Tempo Acquisition LLC, 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.32%, 08/31/28

      2,940       2,939,897  

TruGreen LP, 2020 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.42%, 11/02/27

      1,010       957,696  

Viad Corp., Initial Term Loan, (1-mo. CEM Term SOFR + 5.00%), 10.43%, 07/30/28

      734       717,675  
     

 

 

 
        13,520,033  
Communications Equipment — 0.4%                  

Ciena Corp., 2023 Term Loan B, (1-mo. CME Term SOFR + 2.50%), 7.82%, 01/18/30

      130       130,453  

Viasat, Inc.

     

2023 Term Loan, 05/30/30(g)

      519       480,402  

Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.82%, 03/02/29

      707       654,450  
     

 

 

 
        1,265,305  
Construction & Engineering — 1.3%                  

Brand Industrial Services, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 5.50%), 10.87%, 08/01/30

      2,061       2,004,962  

Legence Holdings LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.17%, 12/16/27

      137       135,968  

Pike Corp., 2021 Incremental Term Loan B, (1-mo. CME Term SOFR + 3.00%), 8.43%, 01/21/28

      644       642,710  

USIC Holdings, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.50%), 8.93%, 05/12/28

      1,072       1,052,985  
     

 

 

 
        3,836,625  
Construction Materials — 1.1%                  

American Builders & Contractors Supply Co., Inc., Series A, 2019 Term Loan, (1-mo. CME Term SOFR + 2.00%), 7.42%, 01/15/27

      727       725,555  

New AMI I LLC, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.31%, 03/08/29

      519       420,125  

Oscar AcquisitionCo. LLC, Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.99%, 04/29/29

      676       670,497  

Quikrete Holdings, Inc., 2023 Term Loan B, 03/19/29(g)

      385       384,780  

Standard Industries, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.94%, 09/22/28

      982       981,320  
     

 

 

 
        3,182,277  
Consumer Staples Distribution & Retail — 0.3%  

U.S. Foods, Inc.

     

2019 Term Loan B, (1-mo. CME Term SOFR + 2.00%), 7.43%, 09/13/26

      580       579,251  

2021 Term Loan B, (1-mo. CME Term SOFR + 2.50%), 7.93%, 11/22/28

      373       373,018  
     

 

 

 
        952,269  
Containers & Packaging — 2.0%                  

Charter Next Generation, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 12/01/27

      2,309       2,285,809  

Mauser Packaging Solutions Holding Co., Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.33%, 08/14/26

      773       772,096  

Pregis TopCo Corp.

     

1st Lien Term Loan, (1-mo. CME Term SOFR + 3.75%), 9.07%, 07/31/26

      376       374,953  
Security          Par
(000)
    Value  
Containers & Packaging (continued)  

Pregis TopCo Corp. (continued)

     

2021 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.18%, 07/31/26

    USD       429     $ 427,062  

Reynolds Consumer Products LLC, Term Loan, (1-mo. CME Term SOFR + 1.75%), 7.17%, 02/04/27

      875       873,702  

Reynolds Group Holdings, Inc., 2020 Term Loan B2, (1-mo. CME Term SOFR + 3.25%), 8.68%, 02/05/26

      143       142,966  

Trident TPI Holdings, Inc., 2021 Term Loan B3, (3-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.65%, 09/15/28

      787       782,572  
     

 

 

 
        5,659,160  
Distributors — 0.2%                  

PAI Holdco, Inc., 2020 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.38%, 10/28/27

      625       590,561  
     

 

 

 
Diversified Consumer Services — 3.0%                  

2U, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 6.50%), 11.95%, 12/28/26

      585       541,201  

Ascend Learning LLC

     

2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 5.75%), 11.17%, 12/10/29

      413       350,535  

2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.92%, 12/11/28

      588       559,365  

Bright Horizons Family Solutions LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.68%, 11/24/28

      568       565,222  

KUEHG Corp., 2023 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 5.00%), 10.39%, 06/12/30

      863       863,406  

Sotheby’s

     

Series L, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 10.07%, 01/15/27

      1,086       1,057,753  

Series L, 2023 Incremental Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 10.07%, 01/15/27

      245       238,160  

Spring Education Group, Inc., Term Loan, 09/29/30(g)

      349       344,634  

SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (1-mo. CME Term SOFR + 4.00%), 9.43%, 07/30/25

      612       611,743  

Veritas U.S., Inc., 2021 USD Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 5.00%), 10.43%, 09/01/25

      1,432       1,237,210  

Wand NewCo 3, Inc., 2020 Term Loan, (1-mo. CME Term SOFR + 2.75%), 8.17%, 02/05/26

      1,568       1,563,837  

WCG Purchaser Corp., 2019 Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 4.00%), 9.43%, 01/08/27

      750       740,518  
     

 

 

 
            8,673,584  
Diversified REITs — 0.2%                  

RHP Hotel Properties, LP, 2023 Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.07%, 05/18/30

      510       511,201  
     

 

 

 
Diversified Telecommunication Services — 5.6%  

Altice Financing SA

     

2017 USD Term Loan B, (3-mo. LIBOR US + 2.75%), 8.32%, 07/15/25

      682       674,776  

USD 2017 1st Lien Term Loan, (3-mo. LIBOR US + 2.75%), 8.32%, 01/31/26

      943       933,357  

Altice France SA, 2023 USD Term Loan B14, (3-mo. CME Term SOFR + 5.50%), 10.81%, 08/15/28

      1,168       1,054,229  

Cablevision Lightpath LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.70%, 11/30/27

      143       140,816  

Connect Finco SARL, 2021 Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 3.50%), 8.82%, 12/11/26

      3,435       3,359,771  

 

 

 

 

C H E D U L E    O F   I N V E S T M E N  T S   4


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Diversified Telecommunication Services (continued)  

Consolidated Communications, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.50%), 8.93%, 10/02/27

    USD       497     $ 439,177  

Iridium Satellite LLC, 2023 Term Loan B, 09/20/30(g)

      1,587       1,583,640  

Level 3 Financing, Inc., 2019 Term Loan B, (1-mo. CME Term SOFR + 1.75%), 7.18%, 03/01/27

      1,192       1,123,429  

Lumen Technologies, Inc., 2020 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.68%, 03/15/27

      1,095       777,972  

ORBCOMM, Inc., Term Loan B, (1-mo. LIBOR US at 0.75% Floor + 4.25%), 9.80%, 09/01/28

      533       475,830  

Radiate Holdco LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.68%, 09/25/26

      1,616       1,317,979  

Virgin Media Bristol LLC

     

2020 USD Term Loan Q, (1-mo. CME Term SOFR + 3.25%), 8.70%, 01/31/29

      278       270,858  

USD Term Loan N, (1-mo. CME Term SOFR + 2.50%), 7.95%, 01/31/28

      609       590,937  

Virgin Media SFA Finance Ltd., GBP Term Loan L, (1-mo. SONIA + 3.25%), 8.47%, 01/15/27

    GBP       600       720,164  

Zayo Group Holdings, Inc., USD Term Loan, (1-mo. CME Term SOFR + 3.00%), 8.43%, 03/09/27

    USD       3,113       2,535,364  
     

 

 

 
            15,998,299  
Electrical Equipment — 0.3%                  

Arcline FM Holdings LLC, 2021 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.40%, 06/23/28

      935       927,515  
     

 

 

 
Electronic Equipment, Instruments & Components — 0.3%  

Coherent Corp., 2022 Term Loan B, (1-mo. CEM Term SOFR + 2.75%), 8.18%, 07/02/29

      978       973,868  
     

 

 

 
Energy Equipment & Services — 0.0%                  

Lealand Finance Co. BV

     

2020 Make Whole Term Loan, (1-mo. CME Term SOFR + 3.00%), 8.43%, 06/28/24(e)

      25       17,443  

2020 Take Back Term Loan, (1-mo. CME Term SOFR + 4.00%, 3.00% PIK), 12.43%, 06/30/25(h)

      187       99,860  
     

 

 

 
        117,303  
Entertainment — 4.9%                  

AMC Entertainment Holdings, Inc., 2019 Term Loan B, (1- mo. CME Term SOFR + 3.00%), 8.45%, 04/22/26

      922       741,168  

Aristocrat Technologies, Inc., 2022 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.74%, 05/24/29

      62       62,013  

Cirque Du Soleil Holding USA Newco, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.64%, 03/08/30

      555       551,396  

City Football Group Ltd., Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.44%, 07/21/28

      1,028       1,021,715  

Creative Artists Agency LLC, 2023 Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.82%, 11/27/28

      1,283       1,277,001  

Delta 2 Lux SARL, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.32%, 01/15/30

      1,072       1,070,928  

Equinox Holdings, Inc., 2017 1st Lien Term Loan, (6-mo. LIBOR US at 1.00% Floor + 3.00%), 8.73%, 03/08/24

      2,078       2,007,254  

Live Nation Entertainment, Inc., Term Loan B4, (1-mo. CME Term SOFR + 1.75%), 7.17%, 10/19/26

      1,543       1,538,222  

Playtika Holding Corp., 2021 Term Loan, (1-mo. CME Term SOFR + 2.75%), 8.18%, 03/13/28

      1,050       1,048,391  
Security          Par
(000)
    Value  
Entertainment (continued)                  

SMG U.S. Midco 2, Inc., 2020 Term Loan, (3-mo. CME Term SOFR + 2.50%), 8.13%, 01/23/25

    USD       932     $ 930,869  

UFC Holdings LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 2.75%), 8.37%, 04/29/26

      549       547,884  

William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan, (1-mo. CME Term SOFR + 2.75%), 8.18%, 05/18/25

      1,628       1,623,274  

WMG Acquisition Corp., 2021 Term Loan G, (1-mo. CME Term SOFR + 2.13%), 7.56%, 01/20/28

      1,662       1,659,858  
     

 

 

 
        14,079,973  
Financial Services — 4.9%                  

ABG Intermediate Holdings 2 LLC

     

2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.42%, 12/20/29

      49       49,446  

2021 Term Loan B1, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.92%, 12/21/28

      784       782,346  

Belron Finance U.S. LLC

     

2018 Term Loan B, (3-mo. CME Term SOFR + 2.25%), 7.88%, 11/13/25

      266       265,830  

2019 USD Term Loan B3, (3-mo. CME Term SOFR + 2.25%), 7.88%, 10/30/26

      650       648,336  

2021 USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.43%), 8.06%, 04/13/28

      1,688       1,681,874  

Belron Luxembourg SARL, 2023 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.16%, 04/18/29

      288       288,188  

Deerfield Dakota Holding LLC

     

2020 USD Term Loan B, (3-mo. CME Term SOFR at 1.00% Floor + 3.75%), 9.14%, 04/09/27

      3,763       3,664,633  

2021 USD 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 6.75%), 12.40%, 04/07/28

      1,114       1,047,160  

FinCo I LLC, 2023 Term Loan, (3-mo. CME Term SOFR + 3.00%), 8.37%, 06/27/29

      380       379,831  

GIP Pilot Acquisition Partners LP, Term Loan, 09/18/30(e)(g)

      186       185,303  

LBM Acquisition LLC, Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 12/17/27

      311       303,411  

Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.67%, 03/24/25

      804       801,688  

Sotera Health Holdings LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.18%, 12/11/26

      1,564       1,547,969  

Travelport Finance SARL, 2023 Consented Term Loan, 05/29/26(g)

      918       526,452  

UPC Financing Partnership, 2021 USD Term Loan AX, (1- mo. CME Term SOFR + 2.93%), 8.37%, 01/31/29

      474       465,979  

WEX, Inc., 2021 Term Loan, (1-mo. CME Term SOFR + 2.25%), 7.68%, 03/31/28

      596       596,136  

White Cap Buyer LLC, Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.07%, 10/19/27

      749       746,925  
     

 

 

 
            13,981,507  
Food Products — 3.4%                  

8th Avenue Food & Provisions, Inc.

     

2018 1st Lien Term Loan, (1-mo. CME Term SOFR + 3.75%), 9.18%, 10/01/25

      872       837,296  

2021 Incremental Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.18%, 10/01/25

      932       894,540  

Chobani LLC, 2020 Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 3.50%), 8.93%, 10/25/27

      1,968       1,965,921  

Froneri International Ltd., 2020 USD Term Loan, (1-mo. CME Term SOFR + 2.25%), 7.67%, 01/29/27

      2,162       2,144,337  
 

 

 

5


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Food Products (continued)                  

H-Food Holdings LLC, 2018 Term Loan B, (3-mo. LIBOR US + 3.69%), 9.27%, 05/23/25

    USD       308     $ 267,240  

Hostess Brands, LLC, 2023 Term Loan B, (3-mo. CME Term SOFR + 2.50%), 7.89%, 06/28/30

      621       621,058  

Nomad Foods U.S. LLC, Term Loan B4, (6-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.47%, 11/12/29

      624       623,218  

Sovos Brands Intermediate, Inc., 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.50%), 9.13%, 06/08/28

      1,238       1,237,061  

Triton Water Holdings, Inc., Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.90%, 03/31/28

      798       777,056  

UTZ Quality Foods LLC, 2021 Term Loan B, (1-mo. CME Term SOFR + 3.00%), 8.43%, 01/20/28

      418       417,728  
     

 

 

 
        9,785,455  
Ground Transportation — 0.8%                  

AIT Worldwide Logistics Holdings, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.18%, 04/06/28

      354       350,684  

Avis Budget Car Rental LLC, 2020 Term Loan B, (1-mo. CME Term SOFR + 1.75%), 7.18%, 08/06/27

      403       399,965  

SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (1-mo. CME Term SOFR + 5.50%), 10.87%, 08/04/25

      704       629,512  

Uber Technologies, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 2.75%), 8.16%, 03/03/30

      982       981,681  
     

 

 

 
        2,361,842  
Health Care Equipment & Supplies — 2.4%                  

Bausch & Lomb Corp., 2023 Incremental Term Loan, 09/14/28(e)(g)

      580       572,025  

Bausch and Lomb, Inc., Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.76%, 05/10/27

      1,247       1,210,136  

Chariot Buyer LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.66%, 11/03/28

      1,504       1,479,523  

Femur Buyer, Inc., 1st Lien Term Loan, (3-mo. CME Term SOFR + 4.50%), 10.15%, 03/05/26

      420       390,389  

Insulet Corp., Term Loan B, (1-mo. CME Term SOFR + 3.25%), 8.68%, 05/04/28

      468       467,249  

Medline Borrower LP, USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 10/23/28

      2,662       2,652,765  
     

 

 

 
        6,772,087  
Health Care Providers & Services — 2.8%                  

CHG Healthcare Services, Inc.

     

2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 09/29/28

      626       622,876  

2023 Incremental Term Loan, 09/29/28(g)

      133       132,668  

CNT Holdings I Corp., 2020 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.50%), 8.80%, 11/08/27

      1,124       1,119,450  

Electron BidCo, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 11/01/28

      1,341       1,334,248  

Envision Healthcare Corp., 2022 Second Out Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 4.25%), 9.64%, 03/31/27

      969       218,001  

EyeCare Partners LLC

     

2020 Term Loan, (1-mo. CME Term SOFR + 3.75%), 9.18%, 02/18/27

      1,027       716,523  

2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.75%), 12.18%, 11/15/29

      358       186,675  

2021 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.18%, 11/15/28

      328       224,969  
Security          Par
(000)
    Value  
Health Care Providers & Services (continued)                  

Ingenovis Health, Inc., Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.18%, 03/06/28

    USD       992     $ 945,153  

MED ParentCo LP, 1st Lien Term Loan, (1-mo. CME Term SOFR + 4.25%), 9.68%, 08/31/26

      387       368,731  

Medical Solutions Holdings, Inc., 2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 7.00%), 12.52%, 11/01/29

      377       336,472  

Option Care Health, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.18%, 10/27/28

      429       430,039  

PetVet Care Centers LLC, 2021 Term Loan B3, (1-mo. CME Term SOFR at 0.75% Floor + 3.50%), 8.92%, 02/14/25

      32       31,905  

Reverb Buyer, Inc., 2021 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.77%, 11/01/28

      560       540,592  

Surgery Center Holdings, Inc., 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.19%, 08/31/26

      510       510,288  

Vizient, Inc., 2022 Term Loan B7, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.67%, 05/16/29

      206       206,324  
     

 

 

 
        7,924,914  
Health Care Technology — 2.9%                  

AthenaHealth Group, Inc., 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.57%, 02/15/29

      1,835       1,798,020  

Polaris Newco LLC, USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.43%, 06/02/28

      2,841       2,716,142  

Verscend Holding Corp.

     

2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 7.00%), 12.43%, 04/02/29

      1,902       1,899,622  

2021 Term Loan B, (1-mo. CME Term SOFR + 4.00%), 9.43%, 08/27/25

      1,904       1,901,811  
     

 

 

 
        8,315,595  
Hotels, Restaurants & Leisure — 6.2%                  

Aimbridge Acquisition Co., Inc., 2019 Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.18%, 02/02/26

      810       775,839  

Alterra Mountain Co., 2023 Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.07%, 05/31/30

      95       94,762  

Bally’s Corp., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.84%, 10/02/28

      550       537,827  

Burger King (Restaurant Brands International, Inc.)/New Red Finance, Inc., 2023 Term Loan B5, (1-mo. CME Term SOFR + 2.25%), 7.57%, 09/23/30

      993       988,551  

Caesars Entertainment, Inc., Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.67%, 02/06/30

      763       762,692  

Carnival Corp., 2023 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.00%), 8.33%, 08/08/27

      601       599,237  

Churchill Downs, Inc., 2021 Incremental Term Loan B1, (1-mo. CME Term SOFR + 2.00%), 7.42%, 03/17/28

      896       894,032  

ECL Entertainment, LLC, 2023 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.14%, 08/31/30

      495       493,555  

Fertitta Entertainment LLC, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 01/27/29

      2,318       2,292,479  

Flutter Financing BV, 2022 USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.90%, 07/22/28

      724       724,052  

Four Seasons Hotels Ltd., 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.92%, 11/30/29

      1,880       1,881,864  

IRB Holding Corp., 2022 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.00%), 8.42%, 12/15/27

      1,467       1,460,283  

Packers Holdings LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.67%, 03/09/28

      556       327,883  

PENN Entertainment, Inc., 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.17%, 05/03/29

      908       906,202  

 

 

 

 

C H E D U L E    O F   I N V E S T M E N  T S   6


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Hotels, Restaurants & Leisure (continued)  

Playa Resorts Holding BV, 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.58%, 01/05/29

    USD       294     $ 293,680  

Scientific Games International, Inc., 2022 USD Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 04/14/29

      668       667,423  

SeaWorld Parks & Entertainment, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 08/25/28

      422       420,279  

Stars Group Holdings BV, 2018 USD Incremental Term

     

Loan, (3-mo. CME Term SOFR + 2.25%), 7.90%, 07/21/26

      680       679,077  

Station Casinos LLC, 2020 Term Loan B, (1-mo. CME Term SOFR at 0.25% Floor + 2.25%), 7.67%, 02/08/27

      1,250       1,246,184  

Whatabrands LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 08/03/28

      1,384       1,377,573  

Wyndham Hotels & Resorts, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.67%, 05/24/30

      331       330,708  
     

 

 

 
            17,754,182  
Household Durables — 1.7%                  

ACProducts Holdings, Inc., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.90%, 05/17/28

      1,006       827,339  

Hunter Douglas, Inc., USD Term Loan B1, (3-mo. CME Term SOFR + 3.50%), 8.89%, 02/26/29

      1,476       1,434,625  

Serta Simmons Bedding, LLC, 2023 New Term Loan, 06/29/28(g)

      307       303,820  

Sunset Debt Merger Sub, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.43%, 10/06/28

      1,069       907,237  

Weber-Stephen Products LLC, Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.25%), 8.68%, 10/30/27

      1,548       1,390,676  
     

 

 

 
        4,863,697  
Household Products — 0.1%                  

Kronos Acquisition Holdings, Inc., 2021 1st Lien Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 6.00%), 11.57%, 12/22/26

      250       249,400  
     

 

 

 
Independent Power and Renewable Electricity Producers — 1.0%  

Calpine Construction Finance Co. LP, 2023 Refinancing Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.57%, 07/31/30

      757       752,399  

Calpine Corp.

     

2019 Term Loan B10, (1-mo. CME Term SOFR + 2.00%), 7.43%, 08/12/26

      463       462,079  

Term Loan B9, (1-mo. CME Term SOFR + 2.00%), 7.43%, 04/05/26

      860       858,919  

Constellation Renewables LLC, 2020 Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 2.50%), 8.18%, 12/15/27

      728       725,284  
     

 

 

 
        2,798,681  
Industrial Conglomerates — 0.2%                  

Stitch Aquisition Corp., Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 6.75%), 12.40%, 07/28/28

      664       506,084  
     

 

 

 
Insurance — 5.4%                  

Alliant Holdings Intermediate LLC

     

2021 Term Loan B4, (1-mo. LIBOR US at 0.50% Floor + 3.50%), 8.93%, 11/05/27

      2,322       2,315,628  
Security          Par
(000)
    Value  
Insurance (continued)                  

Alliant Holdings Intermediate LLC (continued)

     

2023 Term Loan B5, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.83%, 11/05/27

    USD       2,378     $ 2,372,608  

AmWINS Group, Inc.

     

2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 2.25%), 7.68%, 02/19/28

      1,178       1,170,399  

2023 Incremental Term Loan B, (1-mo. CEM Term SOFR + 2.75%), 8.18%, 02/19/28

      304       303,137  

AssuredPartners, Inc.

     

2020 Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.93%, 02/12/27

      619       617,181  

2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 02/12/27

      598       597,190  

2023 Term Loan B4, , 02/12/27(g)

      371       371,000  

Baldwin Risk Partners, LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.94%, 10/14/27

      268       265,464  

HUB International Ltd.

     

2022 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.37%, 11/10/29

      285       285,041  

2023 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.25%), 9.58%, 06/20/30

      2,835       2,839,479  

Jones Deslauriers Insurance Management, Inc., 2023 Term

     

Loan B, (3-mo. CME Term SOFR + 4.25%), 9.62%, 03/15/30

      698       699,312  

Ryan Specialty Group LLC, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 3.00%), 8.42%, 09/01/27

      834       833,333  

USI, Inc.

     

2022 Incremental Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.14%, 11/22/29

      1,972       1,969,308  

2023 Acquisition Term Loan, 09/27/30(g)

      320       319,066  

2023 Refi Term Loan, 09/27/30(g)

      366       364,781  
     

 

 

 
            15,322,927  
Interactive Media & Services — 1.5%                  

Acuris Finance U.S., Inc., 2021 USD Term Loan B, (3-mo.

     

CME Term SOFR at 0.50% Floor + 4.00%), 9.54%, 02/16/28

      263       259,289  

Adevinta ASA, USD Term Loan B, (3-mo. CME Term SOFR + 2.75%), 8.32%, 06/26/28

      606       604,965  

Camelot Finance SA, Term Loan B, (1-mo. CME Term SOFR + 3.00%), 8.43%, 10/30/26

      1,131       1,129,210  

Camelot U.S. Acquisition LLC, 2020 Incremental Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 3.00%), 8.43%, 10/30/26

      1,240       1,236,919  

GoodRx, Inc., 1st Lien Term Loan, (1-mo. CME Term SOFR + 2.75%), 8.17%, 10/10/25

      440       438,843  

Grab Holdings, Inc., Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 4.50%), 9.93%, 01/29/26

      639       642,114  
     

 

 

 
        4,311,340  
IT Services — 3.8%                  

Asurion LLC

     

2020 Term Loan B8, (3-mo. CME Term SOFR + 3.25%), 8.68%, 12/23/26

      181       177,299  

2021 2nd Lien Term Loan B3, (1-mo. CME Term SOFR + 5.25%), 10.68%, 01/31/28

      689       618,482  

2021 Second Lien Term Loan B4, (1-mo. CME Term SOFR + 5.25%), 10.68%, 01/20/29

      654       578,437  
 

 

 

7


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
IT Services (continued)                  

Asurion LLC (continued)

     

2023 Term Loan B11, (1-mo. CME Term SOFR + 4.25%), 9.67%, 08/19/28

    USD       1,001     $ 970,874  

Epicor Software Corp., 2020 2nd Lien Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 7.75%), 13.17%, 07/31/28

      1,316       1,317,434  

Gainwell Acquisition Corp., Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.49%, 10/01/27

      1,894       1,845,012  

Go Daddy Operating Co. LLC

     

2021 Term Loan B4, (1-mo. CME Term SOFR + 2.00%), 7.43%, 08/10/27

      447       446,760  

2022 Term Loan B5, (1-mo. CME Term SOFR + 2.50%), 7.82%, 11/09/29

      1,083       1,083,037  

GTCR W Merger Sub LLC, USD Term Loan B, 09/20/30(g)

      996       995,273  

Sedgwick Claims Management Services, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR + 3.75%), 9.07%, 02/24/28

      2,455       2,448,864  

Venga Finance SARL, 2021 USD Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.43%, 06/28/29

      398       393,727  
     

 

 

 
            10,875,199  
Leisure Products — 0.4%                  

Fender Musical Instruments Corp., 2021 Term Loan B, (1- mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.42%, 12/01/28

      297       289,862  

Peloton Interactive, Inc., Term Loan, (6-mo. CME Term SOFR at 0.50% Floor + 6.50%), 12.26%, 05/25/27

      210       210,127  

Topgolf Callaway Brands Corp., Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.92%, 03/15/30

      703       697,932  
     

 

 

 
        1,197,921  
Life Sciences Tools & Services — 2.6%                  

Avantor Funding, Inc., 2021 Term Loan B5, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.67%, 11/08/27

      752       751,283  

Catalent Pharma Solutions, Inc., 2021 Term Loan B3, (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), 7.44%, 02/22/28

      976       951,870  

Curia Global, Inc., 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.22%, 08/30/26

      86       71,189  

eResearchTechnology, Inc., 2020 1st Lien Term Loan, (1- mo. CME Term SOFR at 1.00% Floor + 4.50%), 9.93%, 02/04/27

      652       638,722  

Fortrea Holdings, Inc., Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.07%, 07/01/30

      258       257,275  

ICON Luxembourg SARL, LUX Term Loan, (3-mo. CEM Term SOFR + 2.25%), 7.90%, 07/03/28

      1,303       1,302,334  

Maravai Intermediate Holdings LLC, 2022 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.32%, 10/19/27

      914       888,318  

Parexel International Corp., 2021 1st Lien Term Loan, (1- mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 11/15/28

      1,878       1,863,269  

PRA Health Sciences, Inc., US Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.90%, 07/03/28

      325       324,478  

Star Parent, Inc., 2023 Term Loan B, 09/19/30(g)

      429       418,931  
     

 

 

 
        7,467,669  
Security          Par
(000)
    Value  
Machinery — 5.7%                  

Albion Financing 3 SARL, USD Term Loan, (3-mo. CME Term SOFR + 5.25%), 10.86%, 08/17/26

    USD       1,209     $ 1,207,867  

Barnes Group, Inc., Term Loan B, (3-mo. CME Term SOFR + 3.00%), 8.42%, 09/03/30

      273       273,137  

Clark Equipment Co., 2022 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.50%), 7.99%, 04/20/29

      143       143,088  

Columbus McKinnon Corp., 2021 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.42%, 05/14/28

      223       222,886  

Filtration Group Corp.

     

2021 Incremental Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.93%, 10/21/28

      718       714,899  

2023 USD Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.68%, 10/21/28

      1,451       1,452,016  

Gardner Denver, Inc., 2020 USD Term Loan B2, 03/01/27(g)

      219       219,309  

Gates Global LLC, 2021 Term Loan B3, (1-mo. CME Term SOFR at 0.75% Floor + 2.50%), 7.82%, 03/31/27

      1,480       1,475,091  

Generac Power Systems, Inc., 2019 Term Loan B, 12/13/26(g)

      200       199,416  

Ingersoll-Rand Services Co., 2020 USD Spinco Term Loan, (1-mo. CME Term SOFR + 1.75%), 7.17%, 03/01/27

      329       328,858  

Madison IAQ LLC, Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.69%, 06/21/28

      2,270       2,230,050  

Roper Industrial Products Investment Co., USD Term Loan, (3-mo. CME Term SOFR + 4.50%), 9.89%, 11/22/29

      1,318       1,320,260  

SPX Flow, Inc., 2022 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.92%, 04/05/29

      1,197       1,193,553  

Titan Acquisition Ltd., 2018 Term Loan B, (3-mo. LIBOR US + 3.00%), 8.65%, 03/28/25

      2,371       2,348,524  

Vertical U.S. Newco, Inc., Term Loan B, (6-mo. LIBOR US at 0.50% Floor + 3.50%), 9.38%, 07/30/27

      1,388       1,383,339  

Vertiv Group Corp., 2021 Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.19%, 03/02/27

      1,487       1,483,639  

Zurn LLC, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), 7.43%, 10/04/28

      77       76,603  
     

 

 

 
            16,272,535  
Media — 3.4%                  

A L Parent LLC, 2023 Take Back Term Loan, (1-mo. CME Term SOFR at 2.00% Floor + 5.50%), 10.83%, 06/30/28

      297       287,299  

AVSC Holding Corp., 2020 Term Loan B1, (1-mo. CME Term SOFR at 1.00% Floor + 3.25%), 8.57%, 03/03/25

      615       590,909  

Cable One, Inc., 2021 Term Loan B4, (1-mo. CME Term SOFR + 2.00%), 7.43%, 05/03/28

      98       97,127  

Charter Communications Operating LLC, Class A, 2019 Term Loan B1, (3-mo. CME Term SOFR + 1.75%), 7.12%, 04/30/25

      1,591       1,591,555  

Clear Channel Outdoor Holdings, Inc., Term Loan B, (3-mo. CME Term SOFR + 3.50%), 9.13%, 08/21/26

      1,369       1,327,414  

CMG Media Corp., 2021 Term Loan, (3-mo. CME Term SOFR + 3.50%), 8.99%, 12/17/26

      (i)       130  

Cogeco Financing 2 LP, 2023 Term Loan B, 09/29/28(g)

      977       951,079  

CSC Holdings LLC

     

2017 Term Loan B1, (1-mo. LIBOR US + 2.25%), 7.70%, 07/17/25

      522       505,119  

2019 Term Loan B5, (1-mo. CME Term SOFR + 2.50%), 7.95%, 04/15/27

      891       804,346  

DirecTV Financing LLC, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.43%, 08/02/27

      1,353       1,320,263  

 

 

 

 

C H E D U L E    O F   I N V E S T M E N  T S   8


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Media (continued)                  

Sinclair Television Group, Inc., 2022 Term Loan B4, (1-mo. CME Term SOFR + 3.75%), 9.17%, 04/21/29

    USD       1,110     $ 769,195  

Voyage Digital Ltd., USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.63%, 05/11/29(e)

      589       587,832  

Ziggo Financing Partnership, USD Term Loan I, (1-mo. CME Term SOFR + 2.50%), 7.95%, 04/30/28

      1,003       978,758  
     

 

 

 
            9,811,026  
Oil, Gas & Consumable Fuels — 2.1%                  

Freeport LNG Investments LLLP, Term Loan B, (3-mo. CME Term SOFR + 3.50%), 9.09%, 12/21/28

      2,260       2,237,003  

M6 ETX Holdings II Midco LLC, Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.92%, 09/19/29

      163       162,737  

Medallion Midland Acquisition LLC, 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.40%, 10/18/28

      1,179       1,179,001  

Murphy USA, Inc., Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 1.75%), 7.19%, 01/31/28

      391       391,489  

Oryx Midstream Services Permian Basin LLC, 2023 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.69%, 10/05/28

      1,894       1,890,929  
     

 

 

 
        5,861,159  
Passenger Airlines — 2.7%                  

AAdvantage Loyalty IP Ltd., Series AA, 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.34%, 04/20/28

      959       986,541  

Air Canada, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 3.50%), 9.13%, 08/11/28

      1,245       1,245,075  

American Airlines, Inc.

     

Series AA, 2017 1st Lien Term Loan, (3-mo. CME Term SOFR + 1.75%), 7.32%, 01/29/27

      167       164,357  

Series AA, 2023 Term Loan B, (3-mo. CME Term SOFR + 2.75%), 8.54%, 02/15/28

      1,470       1,458,124  

Kestrel Bidco, Inc., Term Loan B, (1-mo. CME Term SOFR at 1.00% Floor + 3.00%), 8.42%, 12/11/26

      504       492,474  

Mileage Plus Holdings LLC, 2020 Term Loan B, (3-mo. CME Term SOFR at 1.00% Floor + 5.25%), 10.80%, 06/21/27

      1,489       1,544,725  

United Airlines, Inc., Series AA, 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 04/21/28

      1,794       1,794,572  
     

 

 

 
        7,685,868  
Personal Care Products — 1.3%                  

Sunshine Luxembourg VII SARL, 2021 Term Loan B3, (3- mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.24%, 10/01/26

      3,710       3,701,717  
     

 

 

 
Pharmaceuticals — 2.2%                  

Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.93%, 05/04/25

      741       726,633  

Amynta Agency Borrower, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR + 5.00%), 10.42%, 02/28/28

      525       523,882  

Bausch Health Cos., Inc., 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 5.25%), 10.67%, 02/01/27

      674       546,842  

Elanco Animal Health, Inc., Term Loan B, (1-mo. CME Term SOFR + 1.75%), 7.18%, 08/01/27

      928       909,372  

Jazz Financing Lux SARL, USD Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 05/05/28

      1,241       1,239,739  
Security          Par
(000)
    Value  
Pharmaceuticals (continued)  

Organon & Co., USD Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.44%, 06/02/28

    USD       866     $ 863,547  

Perrigo Investments LLC, Term Loan B, 04/20/29(g)

      575       572,303  

Precision Medicine Group LLC, 2021 Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.00%), 8.49%, 11/18/27(e)

      755       744,101  

Prestige Brands, Inc., 2021 Term Loan B5, (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), 7.43%, 07/03/28

      79       79,267  
     

 

 

 
            6,205,686  
Professional Services — 4.5%                  

AlixPartners LLP, 2021 USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.18%, 02/04/28

      1,221       1,195,378  

ASGN, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.57%, 08/30/30

      245       245,613  

CoreLogic, Inc.

     

2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.50%), 11.93%, 06/04/29

      874       732,197  

Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 06/02/28

      2,063       1,902,485  

Dun & Bradstreet Corp.

     

2022 Incremental Term Loan B2, (1-mo. CME Term SOFR + 3.00%), 8.32%, 01/18/29

      436       435,046  

2023 Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.17%, 02/06/26

      1,428       1,424,825  

Element Materials Technology Group U.S. Holdings, Inc.

     

2022 USD Delayed Draw Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.74%, 07/06/29

      372       367,029  

2022 USD Term Loan, 07/06/29

      806       795,230  

Fleetcor Technologies Operating Co. LLC, Series C, 2021 Term Loan B4, (1-mo. CME Term SOFR + 1.75%), 7.17%, 04/28/28

      1,242       1,236,490  

Galaxy U.S. Opco, Inc., Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.75%), 10.07%, 04/29/29

      1,125       1,069,797  

Trans Union LLC

     

2019 Term Loan B5, (1-mo. CME Term SOFR + 1.75%), 7.17%, 11/16/26

      1,133       1,131,321  

2021 Term Loan B6, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.68%, 12/01/28

      1,333       1,331,340  

VS Buyer LLC, Term Loan B, (1-mo. CME Term SOFR + 3.25%), 8.67%, 02/28/27

      1,015       1,009,611  
     

 

 

 
        12,876,362  
Real Estate Management & Development — 0.5%  

Cushman & Wakefield U.S. Borrower LLC

     

2020 Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.18%, 08/21/25

      57       56,577  

2023 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.67%, 01/31/30

      938       920,796  

2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 01/31/30

      540       534,600  
     

 

 

 
        1,511,973  
Semiconductors & Semiconductor Equipment — 0.4%  

MKS Instruments, Inc.

     

2022 USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.17%, 08/17/29

      708       706,710  
 

 

 

9


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security          Par
(000)
    Value  
Semiconductors & Semiconductor Equipment (continued)  

MKS Instruments, Inc. (continued)

     

2023 Term Loan B, 08/17/29(g)

    USD       125     $ 124,794  

Synaptics, Inc., Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.91%, 12/02/28

      383       380,705  
     

 

 

 
            1,212,209  
Software — 13.4%                  

Applied Systems, Inc.

     

2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 6.75%), 12.14%, 09/17/27

      439       439,641  

2022 Extended 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.89%, 09/18/26

      468       469,172  

Barracuda Networks, Inc., 2022 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 4.50%), 9.87%, 08/15/29

      614       607,259  

Boxer Parent Co., Inc., 2021 USD Term Loan, (1-mo. CME Term SOFR + 3.75%), 9.18%, 10/02/25

      717       716,140  

CCC Intelligent Solutions, Inc., Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 2.25%), 7.68%, 09/21/28

      1,030       1,026,015  

Central Parent, Inc., 2022 USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.64%, 07/06/29

      846       845,153  

Cloud Software Group, Inc., 2022 USD Term Loan B, (3-mo. CEM Term SOFR + 4.50%), 9.99%, 03/30/29

      2,819       2,706,674  

Cloudera, Inc.

     

2021 Second Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.42%, 10/08/29

      482       455,490  

2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.17%, 10/08/28(e)

      526       515,099  

Cornerstone OnDemand, Inc., 2021 Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.18%, 10/16/28

      617       585,523  

Delta TopCo, Inc., 2020 2nd Lien Term Loan, (6-mo. CME Term SOFR at 0.75% Floor + 7.25%), 12.57%, 12/01/28(e)

      237       226,335  

E2open LLC, 2020 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 02/04/28

      174       174,072  

Genesys Cloud Services Holdings II LLC, 2020 USD Term Loan B4, (1-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.43%, 12/01/27

      2,010       2,009,601  

Helios Software Holdings, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR + 4.25%), 9.74%, 07/18/30

      800       795,400  

Informatica LLC, 2021 USD Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.18%, 10/27/28

      1,882       1,873,266  

Instructure Holdings, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.68%, 10/30/28

      446       444,813  

Magenta Buyer LLC

     

2021 USD 1st Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.63%, 07/27/28

      1,481       1,097,315  

2021 USD 2nd Lien Term Loan, (3-mo. LIBOR US at 0.75% Floor + 8.25%), 13.88%, 07/27/29

      1,359       624,899  

McAfee Corp., 2022 USD Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.18%, 03/01/29

      2,127       2,074,558  

MH Sub I LLC

     

2021 2nd Lien Term Loan, (1-mo. CME Term SOFR + 6.25%), 11.57%, 02/23/29

      1,249       1,103,239  

2023 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.25%), 9.57%, 05/03/28

      3,945       3,811,431  

NortonLifeLock, Inc., 2022 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 2.00%), 7.42%, 09/12/29

      995       990,605  

Planview Parent, Inc., 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 7.25%), 12.74%, 12/18/28

      572       517,660  
Security          Par
(000)
    Value  
Software (continued)  

Proofpoint, Inc.

     

1st Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.68%, 08/31/28

    USD       1,715     $ 1,699,165  

2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 6.25%), 11.68%, 08/31/29

      895       895,841  

RealPage, Inc.

     

1st Lien Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.43%, 04/24/28

      3,841       3,793,447  

2nd Lien Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 6.50%), 11.93%, 04/23/29

      1,825       1,827,388  

Severin Acquisition LLC, 2018 Term Loan B, (3-mo. CME Term SOFR + 3.00%), 8.37%, 08/01/25

      917       915,633  

Sophia LP

     

2020 2nd Lien Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 8.00%), 13.42%, 10/09/28(e)

      1,708       1,703,730  

2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.92%, 10/07/27

      1,337       1,333,129  

UKG, Inc., 2021 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 5.25%), 10.62%, 05/03/27

      865       862,921  

Ultimate Software Group, Inc., Term Loan B, (3-mo. CME Term SOFR + 3.75%), 9.22%, 05/04/26

      998       996,459  

Voyage Australia Pty. Ltd., USD Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.50%), 9.09%, 07/20/28

      145       143,650  

ZoomInfo LLC, 2023 Term Loan B, (1-mo. CME Term SOFR + 2.75%), 8.17%, 02/28/30

      134       133,820  
     

 

 

 
        38,414,543  
Specialty Retail — 2.7%                  

CD&R Firefly Bidco Ltd., 2023 GBP Term Loan B5, (3-mo. SONIA + 6.00%), 11.04%, 06/21/28

    GBP       1,000       1,188,987  

EG America LLC, 2018 USD Term Loan, (1-mo. SOFR + 4.00%), 9.41%, 02/07/25

    USD       813       799,158  

EG Group Ltd., 2021 Term Loan, (1-mo. CME Term SOFR + 4.25%), 9.73%, 03/31/26

      321       321,000  

Mavis Tire Express Services Corp., 2021 Term Loan B, (1- mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.43%, 05/04/28

      1,834       1,827,372  

PetSmart, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.17%, 02/11/28

      2,255       2,245,762  

Pilot Travel Centers LLC, 2021 Term Loan B, (1-mo. CME Term SOFR + 2.00%), 7.42%, 08/04/28

      698       696,611  

Restoration Hardware, Inc., 2022 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 3.25%), 8.67%, 10/20/28

      530       508,798  

RVR Dealership Holdings LLC, Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.25%, 02/08/28(e)

      148       131,437  
     

 

 

 
        7,719,125  
Technology Hardware, Storage & Peripherals — 0.1%  

Electronics for Imaging, Inc., Term Loan, (1-mo. CME Term SOFR + 5.00%), 10.42%, 07/23/26

      490       323,564  
     

 

 

 
Textiles, Apparel & Luxury Goods — 0.3%  

Crocs, Inc., 2023 Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor + 3.00%), 8.53%, 02/20/29

      554       554,335  

Hanesbrands, Inc., 2023 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.75%), 9.07%, 03/08/30(e)

      319       312,209  
     

 

 

 
        866,544  
Trading Companies & Distributors — 2.6%                  

Beacon Roofing Supply, Inc., 2021 Term Loan B, (1-mo. CME Term SOFR + 2.25%), 7.68%, 05/19/28

      840       838,378  

 

 

 

 

C H E D U L E    O F   I N V E S T M E N  T S   10


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

(Percentages shown are based on Net Assets)

 

Security         

Par

(000)

    Value  
Trading Companies & Distributors (continued)  

Core & Main LP, 2021 Term Loan B, (1-mo. CME Term SOFR + 2.50%), 7.84%, 07/27/28

    USD       2,508     $ 2,500,786  

SRS Distribution, Inc.

     

2021 Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor + 3.50%), 8.93%, 06/02/28

      1,698       1,678,888  

2022 Incremental Term Loan, (1-mo. CME Term SOFR + 3.50%), 8.92%, 06/02/28

      606       599,807  

TMK Hawk Parent Corp.(e)

     

2020 Super Priority First Out Term Loan A, (3-mo. CME Term SOFR + 9.50%), 15.17%, 05/30/24

      600       593,888  

2020 Super Priority Second Out Term Loan B, (3-mo. CME Term SOFR + 3.50%), 9.17%, 08/28/24

      1,881       1,203,788  
     

 

 

 
        7,415,535  
     

 

 

 
Transportation Infrastructure — 0.6%                  

Apple Bidco LLC, 2022 Incremental Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 4.00%), 9.32%, 09/22/28

      456       454,943  

KKR Apple Bidco LLC, 2021 Term Loan, (1-mo. CME Term SOFR at 0.50% Floor + 2.75%), 8.18%, 09/22/28

      711       705,837  

OLA Netherlands BV, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 6.25%), 11.57%, 12/15/26(e)

      520       514,369  

Rand Parent LLC, 2023 Term Loan B, (3-mo. CME Term SOFR + 4.25%), 9.64%, 03/17/30

      150       145,425  
     

 

 

 
        1,820,574  
     

 

 

 
Wireless Telecommunication Services — 1.1%  

Digicel International, 2017 Term Loan B1, 05/27/24(g)

      22       19,512  

Digicel International Finance Ltd., 2017 Term Loan B, (3-mo. LIBOR US + 3.25%), 8.90%, 05/28/24

      501       450,208  

GOGO Intermediate Holdings LLC, Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.75%), 9.18%, 04/30/28

      575       572,446  

SBA Senior Finance II LLC, 2018 Term Loan B, (1-mo. CME Term SOFR + 1.75%), 7.17%, 04/11/25

      2,037       2,035,246  
     

 

 

 
        3,077,412  
     

 

 

 

Total Floating Rate Loan Interests — 128.0%
(Cost: $374,442,649)

 

    366,724,441  
     

 

 

 
            Shares         

Investment Companies

     
Equity Funds — 0.1%                  

Janus Henderson AAA CLO ETF

      5,000       251,650  
     

 

 

 
Fixed Income Funds — 1.6%                  

Invesco Senior Loan ETF

      70,400       1,477,696  

iShares 0-5 Year High Yield Corporate Bond ETF(j)

      5,000       205,150  

iShares iBoxx $ High Yield Corporate Bond ETF(j)

      40,000       2,948,800  
     

 

 

 
        4,631,646  
     

 

 

 

Total Investment Companies — 1.7%
(Cost: $4,978,280)

 

    4,883,296  
     

 

 

 

 

Security          Benefical
Interest (000)
    Value  

Other Interests

     
Capital Markets — 0.0%                  

Millennium Lender Claim Trust(e)(k)

    USD       991     $  
     

 

 

 
Industrial Conglomerates — 0.0%                  

Millennium Corp. Claim(e)(k)

      930        
     

 

 

 

Total Other Interests — 0.0%
(Cost: $ — )

         
     

 

 

 
            Shares         

Warrants

     
Consumer Discretionary — 0.0%                  

Service King (Carnelian Point), (Exercisable 01/14/23, 1 Share for 1 Warrant, Expires 06/30/27, Strike Price USD 10.00)(d)

      1,876        
     

 

 

 
Oil, Gas & Consumable Fuels — 0.0%        

California Resources Corp., (Issued/Exercisable 11/03/20, 1 Share for 1 Warrant, Expires 10/27/24, Strike Price USD 36.00)(d)

      617       13,148  
     

 

 

 

Total Warrants — 0.0%
(Cost: $ — )

        13,148  
     

 

 

 

Total Investments — 133.8%
(Cost: $393,101,550)

        383,161,652  

Liabilities in Excess of Other Assets — (33.8)%

        (96,718,617
     

 

 

 

Net Assets — 100.0%

      $ 286,443,035  
     

 

 

 

 

(a)

Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

(b)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(c) 

Issuer filed for bankruptcy and/or is in default. (d) Non-income producing security.

(e) 

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(f) 

Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $155,104, representing 0.1% of its net assets as of period end, and an original cost of $143,181.

(g) 

Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate.

(h)

Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

(i) 

Rounds to less than 1,000. (j) Affiliate of the Trust.

(k)

Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.

 

For Trust compliance purposes, the Trust’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

 

 

11


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

                   
Affiliated Issuer   Value at
12/31/22
    Purchases
at Cost
    Proceeds
from Sales
    Net
Realized
Gain (Loss)
    Change in
Unrealized
Appreciation
(Depreciation)
    Value at
09/30/23
    Shares
Held at
09/30/23
    Income     Capital Gain
Distributions
from
Underlying
Funds
 

BlackRock Liquidity Funds, T-Fund, Institutional Class(a)

  $     $     $     $     $     $           $ 7,297     $
 
 
 
 

iShares 0-5 Year High Yield Corporate Bond ETF

          204,381                   769       205,150       5,000       2,192        

iShares iBoxx $ High Yield Corporate Bond ETF

    368,150       4,935,440       (2,253,995     (24,805     (75,990     2,948,800       40,000       120,654        
       

 

 

   

 

 

   

 

 

     

 

 

   

 

 

 
        $ (24,805   $ (75,221   $ 3,153,950       $ 130,143     $  
       

 

 

   

 

 

   

 

 

     

 

 

   

 

 

 

 

  (a)

As of period end, the entity is no longer held.

 

Derivative Financial Instruments Outstanding as of Period End

Forward Foreign Currency Exchange Contracts

 

         
Currency Purchased        Currency Sold        Counterparty      Settlement Date       

Unrealized

Appreciation

(Depreciation)

 
USD     1,790,577        GBP     1,446,000        Barclays Bank PLC        12/20/23        $ 25,353  
                       

 

 

 

Centrally Cleared Credit Default Swaps — Sell Protection

 

                 
Reference Obligation/Index     

Financing
Rate Received
by the Trust
 
 
 
    

Payment
Frequency
 
 
 
   Termination Date    Credit Rating(a)     
Notional
Amount (000)
 
(b) 
     Value       


Upfront
Premium
Paid
(Received)
 
 
 
 
    

Unrealized
Appreciation
(Depreciation)
 
 
 

CDX.NA.HY.39.V2

     5.00      Quarterly      12/20/27    B      2,757      $ 69,892      $ (36,900    $ 106,792  

CDX.NA.HY.40.V1

     5.00        Quarterly      06/20/28    B      USD    2,760        47,909        71,474        (23,565
                 

 

 

    

 

 

    

 

 

 
                  $ 117,801      $ 34,574      $ 83,227  
                 

 

 

    

 

 

    

 

 

 

 

  (a)

Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

 
  (b) 

The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

   

Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access;

 

   

Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and

 

   

Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

 

 

C H E D U L E    O F   I N  V E S T M E N T S

  12


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

 

Fair Value Hierarchy as of Period End (continued)

The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy. The breakdown of the Trust’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

      Level 1        Level 2        Level 3        Total  

Assets

                 

Investments

                 

Long-Term Investments

                 

Asset-Backed Securities

   $        $ 4,014,339        $        $ 4,014,339  

Common Stocks

                 

Automobile Components

     23,888                            23,888  

Construction & Engineering

              19,161                   19,161  

Energy Equipment & Services

                                 

Entertainment

                       155,104          155,104  

Financial Services

              252,852                   252,852  

Household Products

                                 

Industrial Conglomerates

              8                   8  

Corporate Bonds

              6,465,974                   6,465,974  

Fixed Rate Loan Interests

              609,441                   609,441  

Floating Rate Loan Interests

              357,953,941          8,770,500          366,724,441  

Investment Companies

     4,883,296                            4,883,296  

Other Interests

                                 

Warrants

     13,148                            13,148  

Liabilities

                 

Unfunded Floating Rate Loan Interests(a)

              (2,148                 (2,148
  

 

 

      

 

 

      

 

 

      

 

 

 
   $     4,920,332        $     369,313,568        $     8,925,604        $     383,159,504  
  

 

 

      

 

 

      

 

 

      

 

 

 

Derivative Financial Instruments(b)

                 

Assets

                 

Credit Contracts

   $        $ 106,792        $        $ 106,792  

Foreign Currency Exchange Contracts

              25,353                   25,353  

Liabilities

                 

Credit Contracts

              (23,565                 (23,565
  

 

 

      

 

 

      

 

 

      

 

 

 
   $        $ 108,580        $        $ 108,580  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

  (a)

Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.

 
  (b) 

Derivative financial instruments are swaps and forward foreign currency exchange contracts. Swaps and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, bank borrowings payable of $95,000,000 are categorized as Level 2 within the fair value hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

 

      Common
Stocks
    Corporate
Bonds
    Floating
Rate Loan
Interests
    Total  
Assets                         

Opening balance, as of December 31, 2022

   $ 822     $ (a)    $ 7,962,927     $ 7,963,749  

Transfers into Level 3(b)

                 5,477,606       5,477,606  

Transfers out of Level 3(c)

                 (3,893,587     (3,893,587

Accrued discounts/premiums

                 182,199       182,199  

Net realized gain (loss)

     (130,652           (48,231     (178,883

Net change in unrealized appreciation (depreciation)(d)

     142,257             364,677       506,934  

 

 

13


Schedule of Investments (unaudited) (continued)

September 30, 2023

  

BlackRock Floating Rate Income Trust (BGT)

 

      Common
Stocks
       Corporate
Bonds
     Floating
Rate Loan
Interests
       Total  

Purchases

   $ 143,181        $      $ 1,782,433        $ 1,925,614  

Sales

     (504               (3,057,524        (3,058,028
  

 

 

      

 

 

    

 

 

      

 

 

 

Closing balance, as of September 30, 2023

   $ 155,104        $ (a)     $ 8,770,500        $ 8,925,604  
  

 

 

      

 

 

    

 

 

      

 

 

 

Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2023(d)

   $ 11,923        $      $ 334,658        $ 346,581  
  

 

 

      

 

 

    

 

 

      

 

 

 

 

  (a) 

Rounds to less than $1.

 
  (b) 

As of December 31, 2022, the Fund used observable inputs in determining the value of certain investments. As of September 30, 2023, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy.

 
  (c) 

As of December 31, 2022, the Fund used significant unobservable inputs in determining the value of certain investments. As of September 30, 2023, the Fund used observable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 2 in the disclosure hierarchy.

 
  (d)

Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at September 30, 2023 is generally due to investments no longer held or categorized as Level 3 at period end.

 

The Trust’s financial instruments that are categorized as Level 3 were valued utilizing third-party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third-party information could result in a significantly lower or higher value of such Level 3 financial instruments.

 

Currency Abbreviation
GBP   British Pound
USD   United States Dollar
Portfolio Abbreviation
CLO   Collateralized Loan Obligation
DAC   Designated Activity Company
ETF   Exchange-Traded Fund
LIBOR   London Interbank Offered Rate
PIK   Payment-in-Kind
SOFR   Secured Overnight Financing Rate
SONIA  

Sterling Overnight Interbank Average Rate

 

 

C H E D U L E    O F   I N  V E S T M E N T S

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