VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% | |||||||
44,215 | Loan ID 200012 | ARM | 10.8000 | 07/01/37 | $ 45,983 | ||
27,583 | Loan ID 200016 | ARM | 10.8750 | 01/01/31 | 28,686 | ||
38,172 | Loan ID 200018 | Fixed | 7.0000 | 01/01/33 | 37,612 | ||
95,526 | Loan ID 200023 | Fixed | 5.8750 | 12/01/50 | 66,666 | ||
194,655 | Loan ID 200026 | Fixed | 4.7500 | 01/01/50 | 174,924 | ||
175,959 | Loan ID 200029 | Fixed | 6.3100 | 07/01/37 | 168,845 | ||
512,941 | Loan ID 200035 | Fixed | 4.6250 | 11/01/50 | 470,597 | ||
96,786 | Loan ID 200041 | Fixed | 4.8750 | 08/01/39 | 86,491 | ||
34,292 | Loan ID 200042 | Fixed | 7.0000 | 12/01/37 | 33,027 | ||
39,188 | Loan ID 200043 | Fixed | 6.1250 | 07/01/39 | 36,902 | ||
43,823 | Loan ID 200048 | Fixed | 5.5000 | 08/01/39 | 40,305 | ||
45,661 | Loan ID 200054 | Fixed | 8.2500 | 03/01/39 | 46,436 | ||
68,141 | Loan ID 200055 | Fixed | 10.0000 | 01/05/36 | 70,867 | ||
128,220 | Loan ID 200079 | Fixed | 5.0000 | 02/01/59 | 114,409 | ||
59,142 | Loan ID 200082 | Fixed | 8.2500 | 04/01/40 | 58,628 | ||
145,271 | Loan ID 200084 | Fixed | 7.0000 | 03/01/39 | 138,780 | ||
266,880 | Loan ID 200090 | Fixed | 4.5000 | 11/01/36 | 180,093 | ||
64,398 | Loan ID 200102 | Fixed | 8.2500 | 03/01/40 | 64,332 | ||
100,609 | Loan ID 200110 | Fixed | 8.2500 | 08/01/39 | 81,459 | ||
63,279 | Loan ID 200128 | Fixed | 4.7100 | 07/01/37 | 50,254 | ||
420,543 | Loan ID 200129 | Fixed | 4.6250 | 03/01/52 | 366,074 | ||
104,237 | Loan ID 200135 | Fixed | 4.3750 | 12/01/42 | 88,103 | ||
67,044 | Loan ID 200141 | Fixed | 4.2500 | 02/01/42 | 56,566 | ||
128,477 | Loan ID 200158 | Fixed | 3.6250 | 12/01/42 | 104,643 | ||
165,369 | Loan ID 200165 | Fixed | 4.3750 | 12/01/41 | 140,680 | ||
74,687 | Loan ID 200174 | Fixed | 7.3400 | 04/01/37 | 73,973 | ||
40,840 | Loan ID 200175 | Fixed | 9.6000 | 05/01/37 | 41,453 | ||
96,588 | Loan ID 200181 | Fixed | 7.5000 | 06/01/41 | 89,935 | ||
62,476 | Loan ID 200184 | Fixed | 4.3750 | 12/01/42 | 53,578 | ||
24,246 | Loan ID 200185 | Fixed | 5.3750 | 06/01/42 | 21,704 | ||
45,765 | Loan ID 200186 | Fixed | 5.1250 | 08/01/42 | 40,490 | ||
136,814 | Loan ID 200194 | Fixed | 4.7500 | 09/01/41 | 121,464 | ||
213,908 | Loan ID 200195 | Fixed | 3.8750 | 03/01/42 | 177,655 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
30,405 | Loan ID 200198 | Fixed | 5.2500 | 10/01/42 | $ 27,628 | ||
27,937 | Loan ID 200201 | Fixed | 5.1250 | 08/01/41 | 25,616 | ||
16,223 | Loan ID 200206 | Fixed | 3.9900 | 12/01/42 | 13,834 | ||
36,261 | Loan ID 200208 | Fixed | 4.2500 | 01/01/43 | 30,788 | ||
146,182 | Loan ID 200209 | Fixed | 3.8750 | 08/01/42 | 122,505 | ||
60,559 | Loan ID 200218 | Fixed | 4.2500 | 12/01/41 | 51,887 | ||
42,444 | Loan ID 200228 | Fixed | 4.6250 | 08/01/42 | 37,058 | ||
98,940 | Loan ID 200243 | Fixed | 3.7500 | 04/01/43 | 79,914 | ||
20,726 | Loan ID 200244 | Fixed | 5.0000 | 05/01/42 | 18,434 | ||
78,412 | Loan ID 200287 | Fixed | 4.3750 | 07/01/43 | 67,536 | ||
23,653 | Loan ID 200313 | Fixed | 8.5000 | 03/01/28 | 24,398 | ||
240,701 | Loan ID 200315 | ARM | 6.7500 | 06/01/37 | 240,701 | ||
51,318 | Loan ID 200317 | Fixed | 7.0000 | 09/01/32 | 50,031 | ||
80,306 | Loan ID 200332 | Fixed | 5.7750 | 10/01/37 | 75,363 | ||
80,887 | Loan ID 200334 | Fixed | 7.0000 | 01/01/33 | 80,887 | ||
245,954 | Loan ID 200335 | Fixed | 3.0000 | 11/01/52 | 223,882 | ||
48,422 | Loan ID 200348 | Fixed | 6.5000 | 07/01/38 | 46,255 | ||
50,414 | Loan ID 200352 | Fixed | 7.0000 | 08/01/30 | 51,273 | ||
53,363 | Loan ID 200361 | Fixed | 7.5000 | 01/01/34 | 52,972 | ||
77,869 | Loan ID 200366 | Fixed | 6.2500 | 03/01/34 | 74,964 | ||
135,623 | Loan ID 200368 | ARM | 7.2500 | 04/01/36 | 136,015 | ||
57,913 | Loan ID 200374 | ARM | 8.0000 | 05/01/34 | 57,913 | ||
164,617 | Loan ID 200380 | Fixed | 4.2200 | 04/01/49 | 142,613 | ||
258,375 | Loan ID 200384 | Fixed | 5.0000 | 11/01/47 | 216,778 | ||
124,922 | Loan ID 200385 | Fixed | 8.2500 | 01/01/40 | 120,259 | ||
177,797 | Loan ID 200390 | Fixed | 4.7800 | 04/16/47 | 157,659 | ||
119,261 | Loan ID 200391 | Fixed | 4.0000 | 01/13/35 | 105,512 | ||
54,667 | Loan ID 200392 | Fixed | 10.0000 | 06/05/34 | 54,667 | ||
97,107 | Loan ID 200395 | Fixed | 4.8600 | 01/01/52 | 86,470 | ||
61,252 | Loan ID 200396 | Fixed | 10.0000 | 02/01/36 | 63,702 | ||
33,262 | Loan ID 200399 | Fixed | 4.9800 | 06/01/37 | 31,004 | ||
32,842 | Loan ID 200403 | Fixed | 8.3000 | 10/15/32 | 32,916 | ||
45,878 | Loan ID 200404 | Fixed | 8.1000 | 05/01/37 | 45,721 | ||
106,965 | Loan ID 200406 | Fixed | 4.8750 | 10/01/51 | 95,602 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
318,812 | Loan ID 200409 | Fixed | 6.0000 | 02/01/49 | $ 286,116 | ||
88,932 | Loan ID 200411 | Fixed | 8.2750 | 06/01/37 | 89,945 | ||
55,304 | Loan ID 200417 | Fixed | 7.0000 | 05/01/35 | 54,274 | ||
130,377 | Loan ID 200420 | Fixed | 4.2250 | 04/10/38 | 114,046 | ||
108,959 | Loan ID 200423 | Fixed | 4.5000 | 06/01/43 | 94,463 | ||
184,735 | Loan ID 200430 | Fixed | 3.6250 | 07/01/43 | 149,622 | ||
240,987 | Loan ID 200432 | Fixed | 4.8750 | 05/01/43 | 214,701 | ||
183,108 | Loan ID 200435 | Fixed | 4.6250 | 11/01/52 | 162,860 | ||
36,693 | Loan ID 200439 | Fixed | 5.0000 | 08/01/41 | 32,497 | ||
8,495 | Loan ID 200447 | ARM | 5.8750 | 11/04/34 | 8,377 | ||
68,995 | Loan ID 200448 | Fixed | 5.7500 | 05/01/42 | 64,764 | ||
294,754 | Loan ID 200451 | Fixed | 6.2500 | 07/01/38 | 277,500 | ||
2,495 | Loan ID 200460 | Fixed | 7.0000 | 07/01/41 | 2,506 | ||
344,167 | Loan ID 200462 | Fixed | 6.0000 | 07/01/45 | 322,058 | ||
186,341 | Loan ID 200465 | Fixed | 6.5000 | 07/01/37 | 178,097 | ||
105,165 | Loan ID 200469 | Fixed | 6.5000 | 07/01/37 | 100,004 | ||
95,900 | Loan ID 200489 | Fixed | 4.0000 | 03/01/43 | 79,697 | ||
168,254 | Loan ID 200491 | Fixed | 5.5000 | 10/01/39 | 153,589 | ||
237,965 | Loan ID 200494 | Fixed | 4.6250 | 10/01/43 | 207,323 | ||
159,124 | Loan ID 200500 | Fixed | 5.8750 | 02/01/37 | 149,710 | ||
53,490 | Loan ID 200507 | Fixed | 4.5000 | 09/01/42 | 45,902 | ||
76,582 | Loan ID 200517 | Fixed | 8.0000 | 05/01/39 | 76,582 | ||
95,507 | Loan ID 200527 | Fixed | 4.5000 | 12/01/43 | 81,335 | ||
87,773 | Loan ID 200532 | Fixed | 3.2500 | 07/01/43 | 69,370 | ||
24,954 | Loan ID 200545 | Fixed | 4.3750 | 02/01/29 | 22,330 | ||
78,951 | Loan ID 200573 | Fixed | 3.7500 | 09/01/42 | 64,432 | ||
151,027 | Loan ID 200578 | Fixed | 4.7500 | 08/01/40 | 131,181 | ||
39,889 | Loan ID 200579 | Fixed | 4.8750 | 05/01/42 | 29,353 | ||
135,924 | Loan ID 200580 | Fixed | 4.1250 | 11/01/41 | 115,052 | ||
271,643 | Loan ID 200586 | Fixed | 3.5000 | 01/01/43 | 217,182 | ||
53,596 | Loan ID 200593 | Fixed | 3.8750 | 06/01/42 | 44,027 | ||
59,007 | Loan ID 200604 | Fixed | 3.5000 | 01/01/43 | 47,761 | ||
106,364 | Loan ID 200612 | Fixed | 4.5000 | 02/01/43 | 91,997 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
141,700 | Loan ID 200630 | Fixed | 5.2500 | 09/01/43 | $ 125,579 | ||
195,511 | Loan ID 200634 | Fixed | 4.3750 | 01/01/44 | 168,058 | ||
101,937 | Loan ID 200645 | Fixed | 5.0000 | 04/01/44 | 90,844 | ||
120,546 | Loan ID 200649 | Fixed | 4.3750 | 03/01/44 | 103,128 | ||
112,163 | Loan ID 200650 | Fixed | 4.8750 | 05/01/44 | 97,451 | ||
173,998 | Loan ID 200651 | Fixed | 3.6250 | 07/01/43 | 144,829 | ||
116,415 | Loan ID 200655 | Fixed | 3.3750 | 05/01/43 | 91,652 | ||
161,805 | Loan ID 200656 | Fixed | 6.8750 | 11/01/45 | 120,761 | ||
133,212 | Loan ID 200657 | Fixed | 4.8750 | 08/01/51 | 118,568 | ||
148,277 | Loan ID 200660 | Fixed | 5.8750 | 03/01/38 | 141,562 | ||
59,627 | Loan ID 200663 | Fixed | 4.7500 | 05/01/44 | 51,439 | ||
134,975 | Loan ID 200669 | Fixed | 5.2500 | 04/01/44 | 120,348 | ||
32,108 | Loan ID 200670 | Fixed | 4.3750 | 02/01/29 | 28,623 | ||
266,441 | Loan ID 200674 | Fixed | 4.5000 | 05/01/44 | 226,870 | ||
109,546 | Loan ID 200684 | Fixed | 4.8750 | 04/01/44 | 95,190 | ||
199,240 | Loan ID 200685 | Fixed | 4.8750 | 05/01/44 | 174,046 | ||
189,680 | Loan ID 200690 | Fixed | 4.2500 | 04/01/44 | 159,288 | ||
209,861 | Loan ID 200692 | Fixed | 4.6250 | 07/01/44 | 182,527 | ||
91,422 | Loan ID 200694 | Fixed | 4.5000 | 09/01/43 | 78,892 | ||
39,386 | Loan ID 200696 | Fixed | 3.7500 | 10/01/42 | 32,525 | ||
41,768 | Loan ID 200709 | Fixed | 4.3750 | 04/01/43 | 35,573 | ||
96,022 | Loan ID 200710 | Fixed | 4.5000 | 07/01/44 | 82,988 | ||
541,566 | Loan ID 200714 | Fixed | 4.1750 | 11/01/36 | 466,471 | ||
168,951 | Loan ID 200716 | ARM | 6.7440 | 08/01/37 | 175,709 | ||
120,186 | Loan ID 200720 | ARM | 8.7500 | 04/01/42 | 109,430 | ||
140,444 | Loan ID 200726 | Fixed | 4.3750 | 09/01/37 | 108,318 | ||
176,413 | Loan ID 200732 | Fixed | 5.8750 | 09/01/27 | 176,413 | ||
125,344 | Loan ID 200736 | Fixed | 4.7500 | 05/01/44 | 109,341 | ||
150,542 | Loan ID 200742 | Fixed | 4.2500 | 04/01/43 | 127,600 | ||
51,859 | Loan ID 200753 | Fixed | 5.2500 | 05/01/44 | 46,825 | ||
42,686 | Loan ID 200755 | Fixed | 4.2500 | 06/01/43 | 36,413 | ||
158,755 | Loan ID 200756 | Fixed | 4.8750 | 11/01/43 | 141,367 | ||
187,326 | Loan ID 200771 | Fixed | 4.5000 | 12/01/61 | 158,988 | ||
37,930 | Loan ID 200775 | Fixed | 4.2500 | 04/01/43 | 32,127 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
69,193 | Loan ID 200776 | Fixed | 4.2500 | 03/01/44 | $ 58,548 | ||
46,569 | Loan ID 200777 | Fixed | 4.7500 | 06/01/44 | 40,182 | ||
145,778 | Loan ID 200781 | Fixed | 4.6250 | 09/01/44 | 126,533 | ||
55,933 | Loan ID 200783 | Fixed | 4.7500 | 09/01/44 | 50,137 | ||
195,664 | Loan ID 200786 | Fixed | 4.6250 | 07/01/44 | 167,338 | ||
37,657 | Loan ID 200787 | Fixed | 4.7500 | 09/01/44 | 32,750 | ||
176,111 | Loan ID 200791 | Fixed | 4.8750 | 06/01/44 | 155,666 | ||
75,788 | Loan ID 200795 | Fixed | 6.7500 | 08/01/36 | 72,581 | ||
68,010 | Loan ID 200796 | Fixed | 5.8800 | 12/01/53 | 61,381 | ||
54,107 | Loan ID 200799 | Fixed | 4.0000 | 02/01/53 | 44,145 | ||
57,651 | Loan ID 200800 | Fixed | 4.0000 | 01/01/53 | 49,922 | ||
142,181 | Loan ID 200805 | Fixed | 4.6250 | 07/01/50 | 100,709 | ||
51,862 | Loan ID 200808 | Fixed | 4.2500 | 11/01/50 | 35,580 | ||
110,153 | Loan ID 200809 | Fixed | 5.0000 | 04/01/50 | 85,555 | ||
209,876 | Loan ID 200814 | Fixed | 8.2500 | 07/01/39 | 212,663 | ||
180,197 | Loan ID 200821 | Fixed | 4.2500 | 08/01/44 | 151,001 | ||
69,573 | Loan ID 200823 | Fixed | 4.2500 | 09/01/44 | 58,469 | ||
90,212 | Loan ID 200826 | Fixed | 4.3750 | 09/01/44 | 76,986 | ||
160,675 | Loan ID 200830 | ARM | 2.2500 | 07/01/44 | 150,585 | ||
23,859 | Loan ID 200831 | Fixed | 4.2500 | 10/01/44 | 21,213 | ||
236,190 | Loan ID 200832 | Fixed | 4.2500 | 10/01/44 | 202,468 | ||
136,293 | Loan ID 200834 | Fixed | 4.1250 | 07/01/43 | 114,126 | ||
87,768 | Loan ID 200853 | Fixed | 5.0000 | 04/01/37 | 80,308 | ||
242,245 | Loan ID 200858 | Fixed | 5.0000 | 01/01/53 | 219,826 | ||
140,960 | Loan ID 200860 | Fixed | 3.8750 | 03/01/52 | 117,181 | ||
102,820 | Loan ID 200867 | Fixed | 4.5800 | 09/01/53 | 90,877 | ||
160,180 | Loan ID 200880 | Fixed | 4.2500 | 06/01/43 | 136,543 | ||
43,210 | Loan ID 200883 | Fixed | 3.3750 | 05/01/28 | 40,444 | ||
190,557 | Loan ID 200887 | Fixed | 4.7500 | 09/01/44 | 168,350 | ||
176,849 | Loan ID 200891 | Fixed | 4.2500 | 10/01/44 | 149,677 | ||
208,766 | Loan ID 200892 | Fixed | 3.7500 | 09/01/43 | 169,275 | ||
166,801 | Loan ID 200897 | Fixed | 4.7500 | 10/01/44 | 146,720 | ||
350,103 | Loan ID 200907 | ARM | 6.7940 | 08/01/47 | 351,199 | ||
94,514 | Loan ID 200908 | Fixed | 4.0000 | 06/01/49 | 81,700 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
113,739 | Loan ID 200909 | Fixed | 4.8700 | 04/01/47 | $ 98,375 | ||
581,393 | Loan ID 200912 | Fixed | 5.1250 | 03/01/37 | 530,473 | ||
51,758 | Loan ID 200913 | Fixed | 4.2500 | 05/01/47 | 44,780 | ||
127,830 | Loan ID 200914 | Fixed | 2.8750 | 12/01/47 | 104,646 | ||
145,290 | Loan ID 200917 | Fixed | 4.8750 | 01/01/51 | 130,128 | ||
97,350 | Loan ID 200921 | ARM | 5.0000 | 07/01/51 | 99,432 | ||
381,048 | Loan ID 200922 | Fixed | 7.2500 | 09/01/53 | 372,308 | ||
109,769 | Loan ID 200928 | Fixed | 4.8000 | 02/01/41 | 92,644 | ||
165,840 | Loan ID 200940 | Fixed | 3.2500 | 02/01/43 | 129,289 | ||
220,993 | Loan ID 200942 | Fixed | 4.0000 | 04/01/43 | 184,772 | ||
89,665 | Loan ID 200944 | Fixed | 4.5000 | 02/01/44 | 77,714 | ||
245,449 | Loan ID 200947 | Fixed | 4.0000 | 02/01/43 | 203,812 | ||
240,590 | Loan ID 200956 | Fixed | 5.0000 | 08/01/51 | 215,393 | ||
354,425 | Loan ID 200959 | Fixed | 4.0000 | 11/01/42 | 294,913 | ||
127,504 | Loan ID 200966 | Fixed | 4.8750 | 07/01/44 | 112,489 | ||
133,849 | Loan ID 200974 | Fixed | 4.2500 | 10/01/44 | 113,159 | ||
309,729 | Loan ID 200977 | Fixed | 4.8750 | 09/01/44 | 268,974 | ||
144,876 | Loan ID 200993 | Fixed | 2.0040 | 07/15/49 | 111,677 | ||
48,722 | Loan ID 200996 | Fixed | 2.5000 | 08/01/48 | 38,348 | ||
36,389 | Loan ID 201006 | Fixed | 6.8750 | 03/01/38 | 35,313 | ||
83,517 | Loan ID 201007 | Fixed | 7.1250 | 04/01/37 | 82,250 | ||
64,213 | Loan ID 201010 | Fixed | 5.5000 | 04/01/39 | 59,324 | ||
39,918 | Loan ID 201012 | Fixed | 7.5000 | 12/01/38 | 39,105 | ||
48,517 | Loan ID 201013 | Fixed | 7.5000 | 12/01/38 | 47,522 | ||
99,544 | Loan ID 201016 | Fixed | 6.5000 | 05/01/46 | 94,376 | ||
114,797 | Loan ID 201023 | Fixed | 6.4500 | 02/01/36 | 109,254 | ||
122,387 | Loan ID 201032 | Fixed | 4.5000 | 11/01/44 | 104,713 | ||
68,282 | Loan ID 201036 | Fixed | 4.3750 | 12/01/44 | 59,416 | ||
60,836 | Loan ID 201037 | Fixed | 8.2500 | 07/01/39 | 61,338 | ||
82,984 | Loan ID 201041 | Fixed | 3.7500 | 11/01/52 | 69,111 | ||
96,771 | Loan ID 201043 | Fixed | 4.0000 | 04/01/39 | 81,146 | ||
144,827 | Loan ID 201044 | Fixed | 4.8700 | 03/29/37 | 130,746 | ||
89,217 | Loan ID 201045 | Fixed | 3.3750 | 07/01/37 | 69,867 | ||
275,617 | Loan ID 201046 | Fixed | 3.0000 | 04/01/53 | 213,546 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
100,306 | Loan ID 201047 | Fixed | 3.6250 | 04/01/53 | $ 81,588 | ||
59,678 | Loan ID 201053 | Fixed | 3.8600 | 07/01/53 | 50,732 | ||
179,863 | Loan ID 201054 | Fixed | 2.4000 | 05/17/50 | 140,102 | ||
138,944 | Loan ID 201057 | Fixed | 4.3750 | 01/01/50 | 121,500 | ||
93,206 | Loan ID 201058 | Fixed | 4.2500 | 08/01/37 | 83,129 | ||
82,787 | Loan ID 201060 | ARM | 4.7500 | 07/01/35 | 84,115 | ||
74,651 | Loan ID 201061 | Fixed | 5.0000 | 02/01/50 | 64,052 | ||
101,026 | Loan ID 201063 | Fixed | 4.0000 | 09/01/47 | 87,471 | ||
204,689 | Loan ID 201066 | Fixed | 4.2500 | 12/01/46 | 178,701 | ||
381,024 | Loan ID 201067 | Fixed | 4.7500 | 01/01/44 | 334,527 | ||
57,144 | Loan ID 201069 | Fixed | 4.6250 | 12/01/44 | 50,014 | ||
51,812 | Loan ID 201072 | Fixed | 3.5000 | 03/01/28 | 45,002 | ||
200,056 | Loan ID 201084 | Fixed | 5.0000 | 08/01/38 | 190,282 | ||
223,026 | Loan ID 201092 | Fixed | 5.2500 | 04/01/46 | 199,532 | ||
117,871 | Loan ID 201093 | Fixed | 4.1250 | 02/01/45 | 108,994 | ||
140,489 | Loan ID 201104 | Fixed | 4.3750 | 04/01/45 | 119,290 | ||
60,847 | Loan ID 201107 | Fixed | 5.1500 | 02/01/36 | 55,833 | ||
144,288 | Loan ID 201111 | Fixed | 4.8750 | 04/01/50 | 111,471 | ||
73,765 | Loan ID 201113 | Fixed | 5.7500 | 12/01/52 | 68,436 | ||
113,313 | Loan ID 201114 | Fixed | 8.0870 | 05/01/54 | 117,165 | ||
456,034 | Loan ID 201115 | Fixed | 4.0000 | 02/01/51 | 389,398 | ||
73,258 | Loan ID 201122 | Fixed | 4.7500 | 11/01/48 | 68,324 | ||
190,214 | Loan ID 201124 | Fixed | 4.7500 | 04/01/40 | 170,967 | ||
62,012 | Loan ID 201127 | ARM | 7.0000 | 04/01/37 | 63,167 | ||
92,403 | Loan ID 201130 | Fixed | 4.8500 | 12/01/37 | 82,517 | ||
112,803 | Loan ID 201131 | Fixed | 8.2500 | 05/01/53 | 113,102 | ||
151,149 | Loan ID 201132 | Fixed | 4.2500 | 07/01/37 | 118,395 | ||
173,339 | Loan ID 201134 | Fixed | 4.6250 | 10/01/53 | 140,938 | ||
159,931 | Loan ID 201139 | Fixed | 3.0000 | 11/01/53 | 129,512 | ||
121,463 | Loan ID 201146 | Fixed | 4.8750 | 08/01/54 | 107,902 | ||
100,108 | Loan ID 201147 | Fixed | 4.1250 | 11/01/51 | 81,943 | ||
81,132 | Loan ID 201148 | Fixed | 3.9500 | 10/01/42 | 70,477 | ||
340,590 | Loan ID 201149 | Fixed | 5.0000 | 12/01/61 | 298,858 | ||
86,668 | Loan ID 201155 | Fixed | 6.2500 | 11/01/53 | 56,961 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
183,435 | Loan ID 201160 | Fixed | 4.9200 | 10/01/49 | $ 167,714 | ||
348,046 | Loan ID 201163 | Fixed | 4.7500 | 12/01/49 | 275,487 | ||
389,300 | Loan ID 201168 | Fixed | 3.8750 | 04/01/52 | 358,520 | ||
45,405 | Loan ID 201170 | Fixed | 4.3750 | 07/01/37 | 40,627 | ||
99,053 | Loan ID 201173 | Fixed | 4.2800 | 11/01/47 | 77,983 | ||
118,286 | Loan ID 201176 | Fixed | 4.2500 | 07/01/53 | 102,944 | ||
284,888 | Loan ID 201179 | Fixed | 4.7500 | 05/01/51 | 215,737 | ||
224,993 | Loan ID 201181 | Fixed | 4.5000 | 04/01/34 | 202,585 | ||
120,672 | Loan ID 201183 | Fixed | 3.5000 | 10/01/52 | 100,725 | ||
56,033 | Loan ID 201184 | Fixed | 4.0000 | 06/01/49 | 48,307 | ||
223,215 | Loan ID 201185 | Fixed | 7.2500 | 10/01/53 | 217,752 | ||
73,951 | Loan ID 201187 | Fixed | 5.0000 | 11/01/48 | 55,002 | ||
556,680 | Loan ID 201196 | Fixed | 4.3750 | 11/01/36 | 479,936 | ||
293,319 | Loan ID 201199 | Fixed | 5.1250 | 11/01/46 | 266,417 | ||
129,295 | Loan ID 201205 | Fixed | 4.6250 | 01/01/45 | 110,692 | ||
100,372 | Loan ID 201208 | Fixed | 4.6250 | 04/01/45 | 87,694 | ||
156,946 | Loan ID 201209 | Fixed | 4.2500 | 04/01/45 | 131,406 | ||
381,815 | Loan ID 201212 | Fixed | 4.6250 | 03/01/61 | 319,110 | ||
169,485 | Loan ID 201213 | Fixed | 4.8750 | 08/01/44 | 148,645 | ||
459,764 | Loan ID 201214 | ARM | 3.3750 | 09/01/43 | 445,742 | ||
52,806 | Loan ID 201221 | Fixed | 3.2500 | 05/01/43 | 46,033 | ||
41,712 | Loan ID 201222 | Fixed | 5.1250 | 01/01/45 | 23,202 | ||
139,753 | Loan ID 201240 | Fixed | 4.2500 | 10/01/45 | 127,272 | ||
260,033 | Loan ID 201241 | Fixed | 4.3750 | 07/01/45 | 217,713 | ||
96,808 | Loan ID 201243 | Fixed | 4.6250 | 11/01/45 | 83,792 | ||
351,954 | Loan ID 201244 | Fixed | 4.5000 | 06/01/45 | 303,423 | ||
98,897 | Loan ID 201245 | Fixed | 4.7500 | 08/01/44 | 86,293 | ||
88,266 | Loan ID 201248 | Fixed | 4.8750 | 07/01/44 | 78,034 | ||
449,015 | Loan ID 201249 | Fixed | 4.6250 | 03/01/59 | 374,805 | ||
192,498 | Loan ID 201254 | Fixed | 7.2500 | 05/01/60 | 190,292 | ||
199,087 | Loan ID 201255 | ARM | 8.6250 | 06/01/35 | 199,087 | ||
152,689 | Loan ID 201260 | Fixed | 4.7500 | 09/01/45 | 133,733 | ||
43,828 | Loan ID 201263 | Fixed | 4.7500 | 10/01/45 | 38,131 | ||
129,451 | Loan ID 201266 | Fixed | 4.5000 | 02/01/46 | 111,318 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
131,498 | Loan ID 201270 | Fixed | 4.1250 | 02/01/45 | $ 110,376 | ||
213,566 | Loan ID 201273 | Fixed | 4.5000 | 12/01/45 | 184,058 | ||
189,711 | Loan ID 201274 | Fixed | 4.1250 | 10/01/45 | 158,366 | ||
18,232 | Loan ID 201285 | Fixed | 4.6250 | 11/01/28 | 17,061 | ||
270,979 | Loan ID 201291 | Fixed | 5.0000 | 08/01/45 | 238,004 | ||
108,509 | Loan ID 201294 | Fixed | 4.6250 | 02/01/46 | 94,440 | ||
676,130 | Loan ID 201296 | Fixed | 4.2500 | 02/01/46 | 567,922 | ||
63,432 | Loan ID 201301 | Fixed | 4.5500 | 10/01/44 | 54,825 | ||
131,041 | Loan ID 201305 | Fixed | 4.6250 | 08/01/44 | 113,798 | ||
101,997 | Loan ID 201306 | Fixed | 3.8750 | 09/01/45 | 83,345 | ||
158,026 | Loan ID 201307 | Fixed | 4.2500 | 10/01/48 | 132,237 | ||
55,183 | Loan ID 201308 | Fixed | 4.6250 | 11/01/45 | 46,911 | ||
142,895 | Loan ID 201309 | Fixed | 4.0000 | 09/01/45 | 117,828 | ||
286,631 | Loan ID 201313 | Fixed | 4.6250 | 01/01/46 | 249,008 | ||
151,980 | Loan ID 201319 | Fixed | 4.3750 | 10/01/45 | 129,280 | ||
122,338 | Loan ID 201324 | Fixed | 5.2500 | 04/01/46 | 77,975 | ||
157,739 | Loan ID 201326 | Fixed | 4.6250 | 03/01/46 | 136,424 | ||
168,682 | Loan ID 201328 | Fixed | 4.2500 | 11/01/45 | 150,523 | ||
170,819 | Loan ID 201336 | Fixed | 4.7500 | 01/01/46 | 146,144 | ||
211,157 | Loan ID 201350 | Fixed | 4.0000 | 06/01/45 | 192,065 | ||
440,427 | Loan ID 201354 | Fixed | 3.3750 | 07/01/46 | 380,853 | ||
121,378 | Loan ID 201355 | Fixed | 5.2500 | 12/01/45 | 109,774 | ||
135,103 | Loan ID 201358 | Fixed | 4.8750 | 07/01/45 | 117,756 | ||
299,648 | Loan ID 201365 | Fixed | 4.2500 | 10/01/45 | 251,251 | ||
162,298 | Loan ID 201370 | Fixed | 4.2500 | 07/01/46 | 136,664 | ||
231,816 | Loan ID 201372 | Fixed | 4.6250 | 08/01/46 | 201,263 | ||
129,096 | Loan ID 201375 | Fixed | 4.5000 | 06/01/45 | 119,982 | ||
214,020 | Loan ID 201377 | Fixed | 3.8750 | 05/01/46 | 189,352 | ||
124,208 | Loan ID 201385 | Fixed | 4.6250 | 12/01/45 | 113,939 | ||
199,870 | Loan ID 201390 | Fixed | 5.1250 | 09/01/45 | 179,168 | ||
356,989 | Loan ID 201391 | Fixed | 5.1250 | 10/01/45 | 315,440 | ||
395,540 | Loan ID 201393 | Fixed | 3.7500 | 04/01/56 | 331,106 | ||
63,236 | Loan ID 201394 | Fixed | 6.7000 | 06/01/34 | 60,864 | ||
77,972 | Loan ID 201395 | Fixed | 6.3000 | 07/01/44 | 60,275 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
76,738 | Loan ID 201400 | Fixed | 4.7500 | 07/01/44 | $ 66,896 | ||
79,868 | Loan ID 201401 | Fixed | 4.7500 | 10/01/44 | 70,338 | ||
84,085 | Loan ID 201403 | Fixed | 4.7500 | 08/01/44 | 72,833 | ||
64,527 | Loan ID 201405 | Fixed | 5.2500 | 08/01/44 | 58,166 | ||
49,109 | Loan ID 201406 | Fixed | 4.2500 | 06/01/46 | 41,330 | ||
218,859 | Loan ID 201407 | Fixed | 4.8750 | 01/01/46 | 194,388 | ||
147,560 | Loan ID 201411 | Fixed | 4.7500 | 12/01/45 | 130,216 | ||
129,657 | Loan ID 201412 | Fixed | 5.7500 | 12/01/45 | 118,849 | ||
305,158 | Loan ID 201413 | Fixed | 4.5000 | 07/01/45 | 287,426 | ||
64,809 | Loan ID 201414 | Fixed | 4.2500 | 07/01/44 | 54,974 | ||
44,745 | Loan ID 201415 | Fixed | 8.0000 | 05/01/34 | 44,463 | ||
51,771 | Loan ID 201417 | Fixed | 6.0000 | 09/01/37 | 48,870 | ||
35,208 | Loan ID 201419 | Fixed | 10.0000 | 12/01/33 | 36,616 | ||
51,415 | Loan ID 201422 | Fixed | 4.6250 | 10/01/46 | 44,581 | ||
88,322 | Loan ID 201434 | Fixed | 4.3750 | 06/01/46 | 75,616 | ||
80,562 | Loan ID 201436 | Fixed | 4.3750 | 05/01/45 | 68,792 | ||
161,714 | Loan ID 201439 | Fixed | 5.0000 | 12/01/45 | 143,743 | ||
270,417 | Loan ID 201442 | Fixed | 4.8750 | 12/01/45 | 234,885 | ||
45,675 | Loan ID 201444 | Fixed | 4.5000 | 11/01/44 | 38,698 | ||
227,137 | Loan ID 201447 | Fixed | 4.8750 | 10/01/44 | 201,142 | ||
81,933 | Loan ID 201449 | Fixed | 4.0000 | 08/01/44 | 68,194 | ||
210,419 | Loan ID 201458 | Fixed | 3.8750 | 09/01/46 | 171,370 | ||
240,596 | Loan ID 201461 | Fixed | 4.1250 | 12/01/44 | 200,107 | ||
90,567 | Loan ID 201465 | Fixed | 5.1250 | 12/01/44 | 81,310 | ||
274,387 | Loan ID 201473 | Fixed | 4.5000 | 02/01/45 | 236,039 | ||
133,930 | Loan ID 201476 | ARM | 8.5000 | 02/01/37 | 129,697 | ||
68,624 | Loan ID 201477 | Fixed | 6.7500 | 11/01/36 | 66,153 | ||
265,248 | Loan ID 201483 | Fixed | 4.1250 | 12/01/45 | 220,650 | ||
69,039 | Loan ID 201484 | Fixed | 4.5000 | 10/01/46 | 59,062 | ||
53,117 | Loan ID 201485 | Fixed | 5.7500 | 03/01/38 | 49,414 | ||
152,966 | Loan ID 201487 | Fixed | 4.6250 | 02/01/52 | 135,878 | ||
82,541 | Loan ID 201489 | Fixed | 4.7500 | 03/01/46 | 72,469 | ||
68,211 | Loan ID 201499 | Fixed | 4.7500 | 05/01/45 | 59,302 | ||
94,167 | Loan ID 201502 | Fixed | 5.2500 | 04/01/44 | 85,642 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
134,267 | Loan ID 201503 | Fixed | 5.0000 | 07/01/46 | $ 119,027 | ||
405,091 | Loan ID 201504 | Fixed | 4.5000 | 07/01/45 | 348,912 | ||
279,062 | Loan ID 201506 | Fixed | 5.0000 | 02/01/47 | 248,286 | ||
201,716 | Loan ID 201508 | Fixed | 5.0000 | 02/01/47 | 179,632 | ||
110,255 | Loan ID 201513 | Fixed | 4.0000 | 01/01/46 | 98,087 | ||
19,864 | Loan ID 201515 | Fixed | 5.1250 | 04/01/47 | 18,739 | ||
86,626 | Loan ID 201519 | Fixed | 4.7500 | 09/01/45 | 75,472 | ||
70,415 | Loan ID 201523 | Fixed | 5.1250 | 07/01/45 | 63,249 | ||
294,798 | Loan ID 201533 | Fixed | 4.7500 | 05/01/46 | 265,342 | ||
36,228 | Loan ID 201534 | Fixed | 4.8750 | 05/01/47 | 32,145 | ||
302,476 | Loan ID 201535 | Fixed | 4.8750 | 08/01/47 | 271,346 | ||
124,634 | Loan ID 201552 | Fixed | 4.0000 | 08/01/47 | 110,731 | ||
42,889 | Loan ID 201556 | Fixed | 4.9900 | 12/01/47 | 37,693 | ||
121,247 | Loan ID 201558 | Fixed | 4.5000 | 08/01/47 | 110,489 | ||
92,389 | Loan ID 201579 | Fixed | 4.7500 | 12/01/36 | 81,961 | ||
76,996 | Loan ID 201581 | Fixed | 4.1250 | 10/01/46 | 63,892 | ||
78,803 | Loan ID 201583 | Fixed | 5.2500 | 08/01/47 | 70,891 | ||
40,622 | Loan ID 201585 | Fixed | 5.5000 | 03/01/48 | 36,746 | ||
354,859 | Loan ID 201586 | Fixed | 4.6250 | 05/01/47 | 306,333 | ||
285,245 | Loan ID 201587 | Fixed | 4.3750 | 01/01/48 | 241,543 | ||
29,791 | Loan ID 201589 | Fixed | 5.3750 | 06/01/48 | 27,493 | ||
292,644 | Loan ID 201591 | Fixed | 5.3750 | 08/01/48 | 264,732 | ||
312,708 | Loan ID 201599 | Fixed | 5.0000 | 07/01/38 | 277,904 | ||
44,013 | Loan ID 201600 | Fixed | 6.0000 | 01/01/36 | 21,777 | ||
57,199 | Loan ID 201604 | Fixed | 8.5000 | 01/01/48 | 57,032 | ||
57,859 | Loan ID 201611 | Fixed | 9.9900 | 07/01/48 | 29,549 | ||
250,150 | Loan ID 201612 | Fixed | 8.9900 | 10/01/25 | 253,721 | ||
24,148 | Loan ID 201624 | Fixed | 11.0000 | 07/22/28 | 24,148 | ||
42,156 | Loan ID 201627 | Fixed | 10.4500 | 02/19/47 | 43,842 | ||
47,257 | Loan ID 201628 | Fixed | 11.0000 | 07/25/40 | 46,921 | ||
8,531 | Loan ID 201629 | Fixed | 11.0000 | 03/06/33 | 8,531 | ||
37,482 | Loan ID 201631 | Fixed | 9.9500 | 07/25/31 | 37,482 | ||
63,413 | Loan ID 201635 | Fixed | 9.9500 | 03/14/46 | 65,017 | ||
64,275 | Loan ID 201636 | Fixed | 9.4500 | 05/13/31 | 65,659 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
96,059 | Loan ID 201637 | Fixed | 11.0000 | 05/22/45 | $ 99,902 | ||
303,512 | Loan ID 201639 | Fixed | 5.0000 | 09/01/48 | 281,776 | ||
669,302 | Loan ID 201645(a) | Fixed | 8.0000 | 07/01/20 | 212,229 | ||
37,333 | Loan ID 201647 | Fixed | 6.0000 | 10/01/31 | 35,258 | ||
28,218 | Loan ID 201648 | Fixed | 7.1500 | 08/14/30 | 27,153 | ||
41,684 | Loan ID 201649 | Fixed | 4.8000 | 02/20/30 | 38,665 | ||
32,195 | Loan ID 201650 | Fixed | 7.0000 | 11/14/31 | 31,356 | ||
49,853 | Loan ID 201651 | Fixed | 7.0000 | 12/01/36 | 22,246 | ||
187,148 | Loan ID 201653 | Fixed | 4.2500 | 06/01/48 | 162,102 | ||
421,392 | Loan ID 201654 | Fixed | 4.8750 | 07/01/49 | 368,425 | ||
102,054 | Loan ID 201656 | Fixed | 4.6250 | 06/01/49 | 87,248 | ||
233,838 | Loan ID 201657 | Fixed | 5.2500 | 11/01/48 | 207,768 | ||
124,332 | Loan ID 201662 | Fixed | 5.3750 | 09/01/48 | 112,934 | ||
17,559 | Loan ID 201664 | Fixed | 10.0000 | 08/01/33 | 15,607 | ||
40,197 | Loan ID 201665 | Fixed | 9.9900 | 08/01/48 | 40,258 | ||
15,973 | Loan ID 201666 | Fixed | 10.0000 | 06/01/33 | 16,458 | ||
15,223 | Loan ID 201667 | Fixed | 10.0000 | 07/01/33 | 15,129 | ||
14,223 | Loan ID 201668 | Fixed | 9.7500 | 11/01/33 | 14,190 | ||
53,790 | Loan ID 201670 | Fixed | 8.0000 | 09/15/48 | 53,654 | ||
21,765 | Loan ID 201671 | Fixed | 9.0000 | 09/15/48 | 21,765 | ||
20,726 | Loan ID 201672 | Fixed | 9.9000 | 10/15/48 | 11,270 | ||
50,476 | Loan ID 201673 | Fixed | 9.9900 | 06/01/48 | 50,820 | ||
23,514 | Loan ID 201674 | Fixed | 9.9000 | 12/01/48 | 16,187 | ||
109,508 | Loan ID 201676 | Fixed | 9.6250 | 10/01/48 | 111,389 | ||
78,435 | Loan ID 201677 | Fixed | 9.2500 | 11/01/48 | 79,971 | ||
40,469 | Loan ID 201679 | Fixed | 7.7000 | 03/01/47 | 40,074 | ||
38,548 | Loan ID 201680 | Fixed | 9.9000 | 09/15/48 | 38,008 | ||
167,548 | Loan ID 201682 | Fixed | 5.0000 | 07/01/48 | 144,318 | ||
388,478 | Loan ID 201684 | Fixed | 4.5000 | 08/01/49 | 329,080 | ||
274,583 | Loan ID 201685 | Fixed | 5.5000 | 02/01/49 | 249,636 | ||
95,127 | Loan ID 201686 | Fixed | 4.2500 | 07/01/49 | 78,439 | ||
101,701 | Loan ID 201687 | Fixed | 5.5000 | 07/01/48 | 89,534 | ||
62,398 | Loan ID 201696 | Fixed | 5.1250 | 10/01/48 | 55,314 | ||
81,012 | Loan ID 201698 | Fixed | 4.3750 | 09/01/59 | 67,118 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
255,795 | Loan ID 201699 | Fixed | 5.5220 | 09/01/49 | $ 232,601 | ||
312,303 | Loan ID 201700 | Fixed | 6.1250 | 06/01/49 | 292,522 | ||
60,034 | Loan ID 201701 | Fixed | 5.0000 | 08/01/49 | 52,215 | ||
171,736 | Loan ID 201707 | Fixed | 4.8750 | 08/01/49 | 151,189 | ||
198,170 | Loan ID 201709 | Fixed | 5.3250 | 09/01/49 | 176,044 | ||
139,234 | Loan ID 201710 | Fixed | 6.7000 | 11/01/49 | 133,259 | ||
181,912 | Loan ID 201713 | Fixed | 10.1110 | 12/01/49 | 175,972 | ||
96,811 | Loan ID 201715 | Fixed | 10.1300 | 12/01/49 | 98,932 | ||
233,382 | Loan ID 201716 | Fixed | 10.1500 | 12/01/49 | 238,828 | ||
423,217 | Loan ID 201717 | Fixed | 6.5000 | 12/01/48 | 398,784 | ||
112,579 | Loan ID 201719 | Fixed | 4.7500 | 09/01/49 | 93,096 | ||
131,808 | Loan ID 201720 | Fixed | 4.3750 | 04/01/49 | 111,819 | ||
76,383 | Loan ID 201725(a) | Fixed | 8.4900 | 12/01/22 | 76,383 | ||
54,997 | Loan ID 201726(a) | Fixed | 8.4900 | 12/01/22 | 53,670 | ||
122,742 | Loan ID 201732 | Fixed | 5.1250 | 05/01/47 | 109,226 | ||
74,653 | Loan ID 201733 | Fixed | 5.2500 | 04/01/44 | 67,241 | ||
122,333 | Loan ID 201739 | ARM | 7.1250 | 04/01/48 | 127,227 | ||
222,380 | Loan ID 201741 | ARM | 8.0000 | 07/01/48 | 223,489 | ||
128,577 | Loan ID 201743 | Fixed | 5.4990 | 09/01/48 | 117,075 | ||
278,311 | Loan ID 201744 | Fixed | 5.6250 | 05/01/49 | 252,454 | ||
355,372 | Loan ID 201746 | Fixed | 4.8750 | 07/01/49 | 309,921 | ||
426,416 | Loan ID 201750 | Fixed | 6.1250 | 04/01/50 | 401,854 | ||
1,067,336 | Loan ID 201753 | Fixed | 4.8750 | 04/01/50 | 915,153 | ||
242,054 | Loan ID 201756 | Fixed | 5.0000 | 03/01/50 | 210,112 | ||
219,282 | Loan ID 201757 | ARM | 5.1250 | 04/01/50 | 211,395 | ||
405,395 | Loan ID 201758 | Fixed | 5.8750 | 03/01/50 | 372,528 | ||
250,148 | Loan ID 201759 | ARM | 5.7500 | 03/01/50 | 241,156 | ||
251,064 | Loan ID 201761 | Fixed | 6.8750 | 02/01/50 | 241,795 | ||
412,767 | Loan ID 201762 | Fixed | 5.9900 | 03/01/50 | 383,494 | ||
142,128 | Loan ID 201763 | Fixed | 7.3750 | 04/01/50 | 139,030 | ||
209,591 | Loan ID 201767 | Fixed | 5.2500 | 07/01/49 | 189,682 | ||
184,543 | Loan ID 201768 | Fixed | 6.7500 | 04/01/50 | 176,132 | ||
211,929 | Loan ID 201770 | Fixed | 9.3750 | 04/01/50 | 214,724 | ||
432,235 | Loan ID 201780 | Fixed | 6.1250 | 04/01/50 | 403,334 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
271,072 | Loan ID 201784 | Fixed | 6.7500 | 04/01/50 | $ 260,578 | ||
247,000 | Loan ID 201797(a) | Fixed | 10.0000 | 12/01/21 | 247,000 | ||
28,837 | Loan ID 201802 | Fixed | 4.2500 | 10/01/29 | 28,925 | ||
6,306 | Loan ID 201803 | Fixed | 7.0500 | 07/01/34 | 6,275 | ||
166,015 | Loan ID 201804 | Fixed | 4.0000 | 03/01/58 | 141,917 | ||
108,105 | Loan ID 201805 | Fixed | 4.3750 | 08/01/59 | 66,927 | ||
68,935 | Loan ID 201807 | Fixed | 5.0000 | 08/01/43 | 61,756 | ||
116,973 | Loan ID 201808 | Fixed | 3.8750 | 06/01/60 | 98,921 | ||
161,065 | Loan ID 201809 | Fixed | 3.7500 | 11/01/59 | 135,159 | ||
70,675 | Loan ID 201810 | Fixed | 3.7500 | 02/01/42 | 61,187 | ||
53,807 | Loan ID 201811 | DSI | 11.8300 | 05/01/35 | 55,959 | ||
23,369 | Loan ID 201812 | Fixed | 9.2400 | 02/01/27 | 23,649 | ||
46,691 | Loan ID 201814 | DSI | 7.7400 | 03/01/33 | 46,579 | ||
39,744 | Loan ID 201816 | Fixed | 4.6250 | 04/01/29 | 39,875 | ||
88,039 | Loan ID 201817 | Fixed | 4.1250 | 10/01/34 | 88,299 | ||
50,815 | Loan ID 201819 | Fixed | 3.8750 | 11/01/29 | 46,877 | ||
2,983 | Loan ID 201820 | Fixed | 3.7500 | 03/01/42 | 2,637 | ||
55,978 | Loan ID 201821 | Fixed | 6.4500 | 05/01/30 | 53,921 | ||
48,649 | Loan ID 201822 | DSI | 8.9200 | 01/01/36 | 18,693 | ||
68,714 | Loan ID 201823 | Fixed | 9.6250 | 03/01/40 | 71,226 | ||
265,746 | Loan ID 201824 | DSI | 8.5000 | 10/01/37 | 252,218 | ||
117,344 | Loan ID 201825 | Fixed | 3.8750 | 03/01/40 | 99,936 | ||
53,041 | Loan ID 201826 | Fixed | 8.4980 | 11/01/30 | 53,409 | ||
18,392 | Loan ID 201827 | Fixed | 10.7800 | 03/01/26 | 18,794 | ||
23,974 | Loan ID 201828 | Fixed | 8.2490 | 10/01/30 | 23,937 | ||
101,922 | Loan ID 201829 | DSI | 10.4600 | 08/01/37 | 105,999 | ||
60,257 | Loan ID 201831 | DSI | 11.1100 | 02/01/38 | 62,667 | ||
53,622 | Loan ID 201832 | Fixed | 6.2500 | 06/01/34 | 49,248 | ||
27,042 | Loan ID 201833 | DSI | 12.6790 | 06/01/23 | 27,305 | ||
57,903 | Loan ID 201834 | DSI | 9.1500 | 04/01/38 | 59,767 | ||
29,347 | Loan ID 201835 | DSI | 7.5000 | 01/01/27 | 29,040 | ||
40,210 | Loan ID 201837 | DSI | 6.9960 | 09/01/31 | 39,042 | ||
38,018 | Loan ID 201838 | DSI | 9.0700 | 07/01/27 | 38,758 | ||
40,180 | Loan ID 201839 | DSI | 11.1100 | 08/01/39 | 41,787 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
64,891 | Loan ID 201840 | DSI | 10.8700 | 10/01/41 | $ 67,486 | ||
22,915 | Loan ID 201841 | Fixed | 10.0600 | 05/01/25 | 23,279 | ||
28,425 | Loan ID 201843 | Fixed | 9.1800 | 08/01/31 | 28,930 | ||
37,031 | Loan ID 201844 | DSI | 11.4900 | 11/01/28 | 38,159 | ||
8,638 | Loan ID 201845 | DSI | 7.0000 | 02/01/24 | 8,448 | ||
39,501 | Loan ID 201846 | Fixed | 8.4960 | 05/01/34 | 38,237 | ||
116,451 | Loan ID 201847 | ARM | 2.3750 | 06/01/33 | 116,080 | ||
47,375 | Loan ID 201848 | DSI | 4.2900 | 11/01/32 | 42,542 | ||
45,539 | Loan ID 201849 | DSI | 4.4800 | 06/01/35 | 40,830 | ||
122,388 | Loan ID 201851 | DSI | 4.5000 | 08/30/23 | 116,564 | ||
80,345 | Loan ID 201853 | DSI | 4.9100 | 02/01/34 | 73,873 | ||
78,515 | Loan ID 201855 | DSI | 4.3900 | 07/01/36 | 69,425 | ||
42,275 | Loan ID 201856 | Fixed | 7.9000 | 06/01/37 | 37,758 | ||
45,688 | Loan ID 201857 | Fixed | 3.2500 | 04/01/35 | 45,790 | ||
361,732 | Loan ID 201858 | Fixed | 4.6250 | 02/01/39 | 318,423 | ||
592,500 | Loan ID 201859 | Interest Only | 7.5000 | 12/31/25 | 591,593 | ||
116,412 | Loan ID 201861 | Fixed | 5.0000 | 05/01/40 | 111,125 | ||
20,823 | Loan ID 201862 | DSI | 10.0000 | 07/23/26 | 13,281 | ||
19,565 | Loan ID 201864 | DSI | 7.0560 | 01/01/35 | 15,447 | ||
25,026 | Loan ID 201865 | Fixed | 6.4990 | 01/01/32 | 23,090 | ||
48,718 | Loan ID 201866 | Fixed | 4.8750 | 01/01/44 | 42,321 | ||
26,044 | Loan ID 201867 | DSI | 4.2300 | 12/01/32 | 22,788 | ||
52,593 | Loan ID 201868 | DSI | 7.5360 | 09/01/34 | 52,501 | ||
12,005 | Loan ID 201869 | DSI | 8.3900 | 07/01/24 | 11,962 | ||
1,766 | Loan ID 201871 | Fixed | 9.9700 | 05/01/26 | 1,781 | ||
32,952 | Loan ID 201872(a) | DSI | 8.1000 | 10/05/21 | 23,394 | ||
12,440 | Loan ID 201873 | Fixed | 6.6480 | 02/01/27 | 11,779 | ||
19,623 | Loan ID 201874 | DSI | 10.5400 | 05/01/27 | 20,233 | ||
7,249 | Loan ID 201875 | Fixed | 10.9800 | 06/01/30 | 7,450 | ||
8,629 | Loan ID 201876 | Fixed | 8.3100 | 02/01/27 | 8,584 | ||
2,867 | Loan ID 201877 | DSI | 10.8300 | 12/19/28 | 2,876 | ||
18,109 | Loan ID 201878 | DSI | 9.0500 | 08/01/24 | 17,690 | ||
6,305 | Loan ID 201879 | Fixed | 9.3100 | 10/01/26 | 6,335 | ||
14,573 | Loan ID 201881 | DSI | 4.5900 | 05/01/26 | 13,363 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
24,766 | Loan ID 201883 | Fixed | 4.6250 | 06/01/33 | $ 22,520 | ||
18,569 | Loan ID 201885 | Fixed | 5.0000 | 05/01/34 | 17,041 | ||
39,751 | Loan ID 201887 | Fixed | 6.2500 | 01/01/42 | 37,878 | ||
19,549 | Loan ID 201889 | DSI | 9.4990 | 02/01/39 | 20,331 | ||
5,090 | Loan ID 201890 | Fixed | 4.5000 | 11/01/25 | 4,885 | ||
11,801 | Loan ID 201891 | Fixed | 10.2900 | 07/01/26 | 11,975 | ||
13,663 | Loan ID 201892 | DSI | 9.9600 | 06/01/23 | 8,403 | ||
7,876 | Loan ID 201895 | Fixed | 9.6900 | 05/01/26 | 7,937 | ||
2,153 | Loan ID 201896 | Fixed | 9.6800 | 09/01/25 | 2,170 | ||
7,740 | Loan ID 201898 | Fixed | 10.3120 | 10/01/26 | 7,832 | ||
11,114 | Loan ID 201899 | DSI | 10.5000 | 10/01/24 | 11,311 | ||
20,906 | Loan ID 201901 | DSI | 8.7360 | 09/01/28 | 20,363 | ||
11,839 | Loan ID 201902 | Fixed | 10.5480 | 10/01/26 | 12,065 | ||
13,712 | Loan ID 201904 | DSI | 10.1900 | 08/01/29 | 14,030 | ||
66,689 | Loan ID 201907 | Fixed | 9.8540 | 09/01/30 | 59,857 | ||
16,325 | Loan ID 201908 | DSI | 11.6160 | 09/01/27 | 16,907 | ||
49,273 | Loan ID 201909 | DSI | 9.2400 | 07/01/33 | 50,990 | ||
8,113 | Loan ID 201910 | DSI | 6.0000 | 07/01/26 | 7,749 | ||
15,631 | Loan ID 201911 | DSI | 7.9990 | 07/01/31 | 15,465 | ||
37,402 | Loan ID 201912 | Fixed | 7.7500 | 08/01/34 | 36,129 | ||
655 | Loan ID 201913 | Fixed | 9.3100 | 11/01/26 | 660 | ||
18,793 | Loan ID 201914 | DSI | 9.3260 | 08/01/26 | 18,996 | ||
87,647 | Loan ID 201916 | Fixed | 3.7500 | 05/01/38 | 77,598 | ||
298,997 | Loan ID 201927 | Fixed | 8.9900 | 04/01/51 | 301,517 | ||
1,610,000 | Loan ID 201928 | ARM | 7.8750 | 04/01/50 | 1,582,489 | ||
294,125 | Loan ID 201930 | Fixed | 8.9900 | 04/01/51 | 296,643 | ||
283,482 | Loan ID 201933 | Interest Only | 7.5000 | 04/30/26 | 282,119 | ||
162,527 | Loan ID 201936 | Fixed | 8.9900 | 05/01/51 | 163,870 | ||
360,000 | Loan ID 201937 | Interest Only | 7.0000 | 04/30/24 | 354,466 | ||
463,025 | Loan ID 201938 | Fixed | 7.4900 | 05/01/51 | 454,078 | ||
67,415 | Loan ID 201940 | Fixed | 5.2500 | 06/20/50 | 58,420 | ||
120,279 | Loan ID 201942 | Fixed | 5.0000 | 06/01/50 | 105,993 | ||
99,874 | Loan ID 201943 | Interest Only | 7.0000 | 05/31/24 | 96,330 | ||
195,222 | Loan ID 201944 | Interest Only | 8.0000 | 05/31/24 | 197,108 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
170,000 | Loan ID 201945 | Fixed | 8.9900 | 09/01/23 | $ 173,806 | ||
219,000 | Loan ID 201946(a) | Fixed | 9.9900 | 05/01/22 | 219,000 | ||
332,151 | Loan ID 201947 | Fixed | 7.2500 | 12/01/37 | 321,559 | ||
126,840 | Loan ID 201948 | Fixed | 4.2500 | 06/01/34 | 113,045 | ||
146,340 | Loan ID 201950 | Fixed | 6.5000 | 10/01/26 | 140,109 | ||
204,762 | Loan ID 201955 | Fixed | 7.7500 | 03/01/51 | 201,716 | ||
310,099 | Loan ID 201956 | Fixed | 8.2500 | 03/01/51 | 308,242 | ||
400,967 | Loan ID 201957 | Fixed | 8.9900 | 06/01/26 | 407,108 | ||
492,833 | Loan ID 201959 | Fixed | 8.9900 | 06/01/31 | 499,121 | ||
84,892 | Loan ID 201963 | Fixed | 10.0000 | 06/01/26 | 85,501 | ||
382,273 | Loan ID 201966 | Interest Only | 10.9900 | 01/01/27 | 376,361 | ||
88,144 | Loan ID 201967 | Fixed | 7.0000 | 03/01/43 | 66,925 | ||
243,590 | Loan ID 201968 | Fixed | 6.0000 | 03/01/43 | 228,528 | ||
296,931 | Loan ID 201969 | Fixed | 8.2500 | 04/01/51 | 295,349 | ||
202,195 | Loan ID 201973 | Fixed | 8.9900 | 07/01/31 | 206,545 | ||
168,000 | Loan ID 201974 | Interest Only | 8.0000 | 06/30/24 | 176,400 | ||
32,455 | Loan ID 201976 | Fixed | 9.4900 | 07/01/31 | 32,986 | ||
136,802 | Loan ID 201977 | Fixed | 8.7500 | 06/01/51 | 135,703 | ||
301,750 | Loan ID 201983 | Fixed | 9.9900 | 08/01/26 | 308,413 | ||
160,381 | Loan ID 201984 | Fixed | 8.9900 | 08/01/26 | 162,721 | ||
496,000 | Loan ID 201985 | Interest Only | 9.0000 | 07/31/24 | 497,983 | ||
221,994 | Loan ID 201986 | Interest Only | 7.5000 | 06/30/26 | 215,449 | ||
146,300 | Loan ID 201987 | Interest Only | 7.5000 | 06/30/26 | 144,910 | ||
199,860 | Loan ID 201990 | Fixed | 8.9900 | 08/01/51 | 201,108 | ||
246,740 | Loan ID 201991 | Fixed | 8.9900 | 08/01/31 | 251,928 | ||
864,000 | Loan ID 201999 | Interest Only | 7.5000 | 08/31/26 | 858,721 | ||
153,000 | Loan ID 202003 | Interest Only | 7.0000 | 08/31/24 | 41,985 | ||
83,680 | Loan ID 202005 | Fixed | 9.9900 | 09/01/36 | 84,483 | ||
448,413 | Loan ID 202007 | Fixed | 8.9900 | 10/01/26 | 454,035 | ||
266,300 | Loan ID 202008 | Interest Only | 7.0000 | 09/30/24 | 133,793 | ||
385,464 | Loan ID 202011 | Interest Only | 7.0000 | 10/31/24 | 375,340 | ||
133,124 | Loan ID 202012 | Fixed | 9.4900 | 12/01/31 | 133,563 | ||
171,022 | Loan ID 202020 | Fixed | 9.9900 | 12/01/26 | 172,913 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
4,000,000 | Loan ID 202022 | Fixed | 9.0000 | 04/14/24 | $ 3,520,001 | ||
90,616 | Loan ID 202023 | Fixed | 8.7500 | 08/01/51 | 90,329 | ||
126,784 | Loan ID 202024 | Fixed | 8.9900 | 01/01/52 | 126,680 | ||
341,238 | Loan ID 202025 | Fixed | 8.5000 | 01/01/52 | 341,727 | ||
236,282 | Loan ID 202026 | Interest Only | 7.5000 | 11/30/26 | 231,602 | ||
319,500 | Loan ID 202027 | Interest Only | 7.0000 | 11/30/24 | 312,036 | ||
129,455 | Loan ID 202028 | Interest Only | 8.0000 | 11/30/24 | 127,143 | ||
487,176 | Loan ID 202032 | Fixed | 7.9900 | 02/01/42 | 485,870 | ||
418,584 | Loan ID 202033 | Fixed | 8.9900 | 02/01/27 | 422,025 | ||
239,230 | Loan ID 202036 | Fixed | 8.2500 | 09/01/51 | 236,162 | ||
214,561 | Loan ID 202038 | Fixed | 6.0000 | 02/01/30 | 195,210 | ||
214,561 | Loan ID 202039 | Fixed | 6.0000 | 02/01/30 | 195,210 | ||
214,835 | Loan ID 202040 | Fixed | 6.0000 | 02/01/30 | 195,452 | ||
177,093 | Loan ID 202043 | Fixed | 8.9900 | 02/01/27 | 177,814 | ||
29,691 | Loan ID 202044 | Fixed | 8.9900 | 03/01/25 | 27,819 | ||
56,058 | Loan ID 202045 | Fixed | 9.4900 | 03/01/32 | 57,088 | ||
253,500 | Loan ID 202049 | Interest Only | 7.5000 | 02/28/27 | 245,852 | ||
271,500 | Loan ID 202050 | Interest Only | 7.0000 | 01/31/25 | 264,170 | ||
630,000 | Loan ID 202051 | Interest Only | 8.5000 | 01/31/25 | 614,492 | ||
88,071 | Loan ID 202053 | Fixed | 3.0000 | 05/01/49 | 58,561 | ||
60,338 | Loan ID 202057 | Fixed | 10.0000 | 04/01/25 | 29,082 | ||
168,000 | Loan ID 202058 | Fixed | 8.9900 | 07/01/23 | 168,000 | ||
460,401 | Loan ID 202064 | Fixed | 8.9900 | 04/01/27 | 463,877 | ||
103,198 | Loan ID 202065 | Fixed | 8.9900 | 04/01/27 | 103,513 | ||
353,351 | Loan ID 202066 | Fixed | 8.9900 | 04/01/27 | 355,496 | ||
425,000 | Loan ID 202067 | Fixed | 10.0000 | 04/01/24 | 374,830 | ||
287,000 | Loan ID 202068 | Fixed | 8.9900 | 04/01/24 | 289,535 | ||
184,800 | Loan ID 202070 | Fixed | 8.9900 | 04/01/24 | 183,422 | ||
164,500 | Loan ID 202072 | Fixed | 8.9900 | 07/01/23 | 164,500 | ||
1,125,000 | Loan ID 202073 | Interest Only | 7.0000 | 03/30/25 | 1,004,943 | ||
117,937 | Loan ID 202074 | Fixed | 10.0000 | 04/01/32 | 119,268 | ||
174,933 | Loan ID 202075 | Fixed | 9.9900 | 05/01/27 | 173,937 | ||
132,016 | Loan ID 202076 | Fixed | 9.9900 | 04/01/32 | 132,424 | ||
77,489 | Loan ID 202078 | Fixed | 9.9900 | 04/01/24 | 76,887 |
VERTICAL CAPITAL INCOME FUND | |||||||
SCHEDULE OF INVESTMENTS (Unaudited) (Continued) | |||||||
June 30, 2023 | |||||||
Principal Amount ($) | Loan Type | Coupon Rate (%) | Maturity | Fair Value | |||
LOANS — 92.7% (Continued) | |||||||
MORTGAGE LOANS (PRIVATE) — 92.7% (Continued) | |||||||
90,268 | Loan ID 202079 | Fixed | 8.9900 | 04/01/52 | $ 88,819 | ||
303,498 | Loan ID 202080 | Fixed | 9.9900 | 04/01/27 | 312,398 | ||
3,648,135 | Loan ID 202082 | Fixed | 11.0000 | 04/08/24 | 2,918,509 | ||
450,395 | Loan ID 202084 | Fixed | 9.9900 | 05/01/27 | 453,910 | ||
260,112 | Loan ID 202087 | Fixed | 7.9900 | 05/01/52 | 254,172 | ||
324,000 | Loan ID 202088 | Fixed | 10.0000 | 05/01/24 | 325,179 | ||
1,371,492 | Loan ID 202089 | Fixed | 8.9900 | 05/01/42 | 1,380,282 | ||
126,320 | Loan ID 202090 | Fixed | 8.9900 | 05/01/24 | 123,187 | ||
160,500 | Loan ID 202091 | Fixed | 8.9900 | 05/01/24 | 164,465 | ||
146,908 | Loan ID 202093 | Interest Only | 8.0000 | 03/31/27 | 141,321 | ||
325,500 | Loan ID 202094 | Interest Only | 8.0000 | 04/07/25 | 281,278 | ||
325,500 | Loan ID 202095 | Interest Only | 8.0000 | 04/07/25 | 281,278 | ||
325,500 | Loan ID 202096 | Interest Only | 8.0000 | 04/07/25 | 281,278 | ||
652,000 | Loan ID 202097 | Fixed | 8.9900 | 05/01/24 | 655,333 | ||
296,989 | Loan ID 202098 | Fixed | 7.4900 | 05/01/52 | 287,218 | ||
83,375 | Loan ID 202099 | Fixed | 8.9900 | 05/01/52 | 81,421 | ||
150,000 | Loan ID 202100 | Fixed | 9.5000 | 05/01/24 | 149,416 | ||
277,952 | Loan ID 202101 | Fixed | 8.9900 | 05/01/32 | 279,965 | ||
1,318,973 | Loan ID 202102 | ARM | 8.2500 | 12/01/47 | 1,286,237 | ||
1,205,656 | Loan ID 202103 | ARM | 7.0000 | 11/01/49 | 1,174,116 | ||
95,870,532 | |||||||
TOTAL LOANS (Cost $95,861,699) |
95,870,532 | ||||||
OTHER INVESTMENTS(b) – 0.4% (Cost $304,870) |
391,785 | ||||||
TOTAL INVESTMENTS - 93.1% (Cost $96,166,569)* | $ 96,262,317 | ||||||
OTHER ASSETS IN EXCESS OF LIABILITIES- 6.9% |
7,192,947 | ||||||
NET ASSETS - 100.0% |
$ 103,455,264 | ||||||
ARM | - Adjustable-Rate Mortgage | |
DSI | - Daily Simple Interest | |
(a) | Loan is in loss mitigation, which means the Fund is restructuring the loan with the delinquent borrower. | |
(b) | Illiquid Securities, non-income producing defaulted securities. | |
* | Value was determined using significant unobservable inputs. |