0001752724-24-047531.txt : 20240229 0001752724-24-047531.hdr.sgml : 20240229 20240229102132 ACCESSION NUMBER: 0001752724-24-047531 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARINGS PARTICIPATION INVESTORS CENTRAL INDEX KEY: 0000831655 ORGANIZATION NAME: IRS NUMBER: 043025730 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05531 FILM NUMBER: 24699713 BUSINESS ADDRESS: STREET 1: C/O BARINGS LLC STREET 2: 300 SOUTH TRYON STREET, SUITE 2500 CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-805-7200 MAIL ADDRESS: STREET 1: C/O BARINGS LLC STREET 2: 300 SOUTH TRYON STREET, SUITE 2500 CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: BABSON CAPITAL PARTICIPATION INVESTORS DATE OF NAME CHANGE: 20111230 FORMER COMPANY: FORMER CONFORMED NAME: MASSMUTUAL PARTICIPATION INVESTORS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MASSMUTUAL CORPORATE INVESTORS II DATE OF NAME CHANGE: 19880417 NPORT-P 1 primary_doc.xml NPORT-P false 0000831655 XXXXXXXX BARINGS PARTICIPATION INVESTORS 811-05531 0000831655 549300BL6L2WBLZ3L146 300 South Tryon Street Suite 2500 Charlotte 28202 704-805-7200 BARINGS PARTICIPATION INVESTORS 549300BL6L2WBLZ3L146 2023-12-31 2023-12-31 N 190465211.14 27098496.30 163366714.84 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6485145.72000000 USD N HOP ENTERTAINMENT LLC UNIT CLASS H N/A 000000000 47.37000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N SMARTLING, INC.-REVOLVER N/A 000000000 101470.58000000 PA USD -1014.71000000 -0.00062112407 Long LON CORP US Y 3 2027-10-26 Floating 0.50000000 N N N N N N KANO LABORATORIES LLC TERM LOAN N/A 000000000 832799.32000000 PA USD 828052.36000000 0.506867240864 Long LON CORP US Y 3 2026-10-01 Floating 10.47000000 N N N N N N MNS ENGINEERS INC TERM LOAN N/A 000000000 1176000.00000000 PA USD 1171296.00000000 0.716973467420 Long LON CORP US Y 3 2027-07-30 Floating 10.96000000 N N N N N N TRUCK-LITE CO LLC 2021 1ST LIEN TERM LOAN N/A 000000000 261082.39000000 PA USD 258471.57000000 0.158215564445 Long LON CORP US Y 3 2026-12-14 Floating 12.15000000 N N N N N N ASC COMMUNICATIONS LLC (BECKERS HEALTHCARE) CLAS N/A 000000000 535.06000000 NS USD 14617.84000000 0.008947869224 Long EC CORP US Y 3 N N N DCCP PETERSON PARTY HOLDING LLC COMMON STOCK N/A 000000000 86860.60000000 NS USD 113787.39000000 0.069651513841 Long EC CORP US Y 3 N N N FORTIS PAYMENT SYSTEMS, LLC-DDTL N/A 000000000 184467.50000000 PA USD 184467.50000000 0.112916208286 Long LON CORP US Y 3 2024-09-09 Floating 1.00000000 N N N N N N POLICY SERVICES COMPANY, LLC-PIK TOGGLE DDTL N/A 000000000 484954.26000000 PA USD 476952.51000000 0.291952072652 Long LON CORP US Y 3 2026-06-22 Floating 11.61000000 N N Y N N N PROCESS INSIGHTS COMMON EQUITY N/A 000000000 32.00000000 NS USD 38722.24000000 0.023702649611 Long EC CORP US Y 3 N N N MAGNOLIA WASH HOLDINGS (EXPRESS WASH ACQUISITION)- N/A 000000000 20546.44000000 PA USD 11053.98000000 0.006766359971 Long LON CORP US Y 3 2028-07-14 Floating 0.50000000 N N N N N N DATASERV 1ST LIEN TERM LOAN N/A 000000000 189894.24000000 PA USD 187273.70000000 0.114633938855 Long LON CORP US Y 3 2028-09-30 Floating 11.12000000 N N N N N N PARKVIEW DENTAL PARTNERS EQUITY N/A 000000000 29166.00000000 NS USD 291660.00000000 0.178530859413 Long EC CORP US Y 3 N N N REVSPRING INC. 2ND LIEN TERM LOAN N/A 000000000 1725000.00000000 PA USD 1725000.00000000 1.055906646399 Long LON CORP US Y 3 2026-10-11 Floating 13.86000000 N N N N N N Cascade Services-Revolver N/A 000000000 66176.47000000 PA USD -1654.41000000 -0.00101269711 Long LON CORP US Y 3 2029-09-30 None 0.50000000 N N N N N N RWA HOLDING COMPANY (GB KING HOLDINGS LP)CLASS A N/A 000000000 54.00000000 NS USD 5767.20000000 0.003530217281 Long EC CORP US Y 3 N N N POLYTEX ENVIRONMENTAL INKS 13.9% 12/31/2024 N/A 000000000 2289262.86000000 PA USD 515084.14000000 0.315293198191 Long DBT CORP US Y 3 2024-12-31 Floating 0.00000000 Y Y Y N N N WWEC HOLDINGS II CORP-DELAY DRAW TERM LOAN N/A 000000000 155279.50000000 PA USD 155279.50000000 0.095049655709 Long LON CORP US Y 3 2024-09-30 Floating 1.00000000 N N N N N N AMTECH SOFTWARE-REVOLVER N/A 000000000 90909.09000000 PA USD 32218.18000000 0.019721385737 Long LON CORP US Y 3 2027-11-02 Floating 0.50000000 N N N N N N SUNVAIR NEW PREFERRED STOCK SERIES A N/A 000000000 28.41000000 NS USD 89951.74000000 0.055061240649 Long EP CORP US Y 3 N N N HEARTLAND VETERINARY PARTNERS LLC-2021 DELAYED DRA N/A 000000000 288253.68000000 PA USD 254239.75000000 0.155625183654 Long LON CORP US Y 3 2025-12-31 Floating 0.50000000 N N Y N N N ELITE SPORTSWEAR HOLDING LLC N/A 000000000 1218265.67000000 NS USD 134009.22000000 0.082029696276 Long EC CORP US Y 3 N N N SBRK BUYER LLC 2022 INCREMENTAL TERM LOAN 1 N/A 000000000 402331.55000000 PA USD 402331.55000000 0.246275105913 Long LON CORP US Y 3 2026-12-23 Floating 11.98000000 N N N N N N THE HILB GROUP LLC 2020 TERM LOAN N/A 000000000 76065.60000000 PA USD 75472.29000000 0.046198082684 Long LON CORP US Y 3 2026-12-02 Floating 11.21000000 N N N N N N ZB HOLDCO LLC TERM LOAN N/A 000000000 543933.76000000 PA USD 539924.97000000 0.330498761959 Long LON CORP US Y 3 2028-02-09 Floating 11.50000000 N N N N N N CARRIAGE PURCHASER INC 7.875 10/15/29 144A N/A 000000000 750000.00000000 PA USD 614035.79000000 0.375863461906 Long DBT CORP US Y 2 2029-10-15 Floating 7.88000000 N N N N N N BRIGHTSIGN LLC-REVOLVER N/A 000000000 134202.48000000 PA USD 84771.23000000 0.051890147930 Long LON CORP US Y 3 2027-10-14 Floating 0.50000000 N N N N N N POLYTEX HOLDINGS LLC N/A 000000000 148096.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N MADISON IAQ HOLDINGS II LLC UNITS N/A 000000000 726845.33000000 NS USD 11433277.04000000 6.998535198065 Long EC CORP US Y 3 N N N EFC INTERNATIONAL COMMON EQUITY N/A 000000000 204.78000000 NS USD 376537.18000000 0.230485861436 Long EC CORP US Y 3 N N N GRANGE LLC UNIT PREFERRED CLASS A N/A 000000000 113.63000000 NS USD 106929.24000000 0.065453504469 Long EC CORP US Y 3 N N N CVR ENERGY INC 5.75 02/15/28 144A 529900SOYZIXZBTXB558 000000000 500000.00000000 PA USD 461250.00000000 0.282340255450 Long DBT CORP US Y 2 2028-02-15 Floating 5.75000000 N N N N N N ESHIPPING LLC-REVOLVER N/A 000000000 170937.15000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2027-11-05 Floating 0.50000000 N N N N N N OCELOT BIDCO FIXED TAKEBACK TERM LOAN N/A 000000000 183333.33000000 PA USD 183333.33000000 0.112221960378 Long LON CORP US Y 3 2027-10-20 Fixed 10.00000000 N N N N N N NORTHSTAR RECYCLING SENIOR TERM LOAN N/A 000000000 734326.47000000 PA USD 729406.48000000 0.446484145019 Long LON CORP US Y 3 2027-10-01 Floating 10.01000000 N N N N N N GRAPHPAD SOFTWARE INC 2021 INCREMENTAL TERM LOAN N/A 000000000 82411.90000000 PA USD 81628.99000000 0.049966720626 Long LON CORP US Y 3 2027-04-27 Floating 11.19000000 N N N N N N SPOTSEE HOLDINGS FIRST OUT TERM LOAN N/A 000000000 478693.47000000 PA USD 460503.12000000 0.281883075417 Long LON CORP US Y 3 2025-11-25 Floating 11.61000000 N N N N N N Parkview Dental Partners LLC-Delayed Draw Term Loa N/A 000000000 350000.00000000 PA USD 21500.00000000 0.013160575592 Long LON CORP US Y 3 2029-10-12 Floating 1.00000000 N N N N N N REDSAIL TECHNOLOGIES TERM LOAN N/A 000000000 1522356.74000000 PA USD 1522356.74000000 0.931864695627 Long LON CORP US Y 3 2027-12-10 Floating 10.10000000 N N N N N N JONES FISH-DELAYED DRAW TERM LOAN N/A 000000000 262894.74000000 PA USD 33457.74000000 0.020480144950 Long LON CORP US Y 3 2028-02-28 None 1.00000000 N N N N N N MNS ENGINEERS INC LLC UNITS - 12/31/3999 N/A 000000000 100000.00000000 NS USD 107000.00000000 0.065496818066 Long EC CORP US Y 3 N N N GLOPROFESSIONAL HOLDINGS, INC. COMMON STOCK N/A 000000000 1181.10000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N FOLLETT SCHOOL SOLUTIONS 2021 FIRST LIEN TERM LOA N/A 000000000 1675623.11000000 PA USD 1668250.37000000 1.021169074516 Long LON CORP US Y 3 2028-08-31 Floating 11.11000000 N N N N N N PANOS BRANDS LLC 12% 12/29/2025 N/A 000000000 1902179.59000000 PA USD 1902179.59000000 1.164361780710 Long DBT CORP US Y 3 2025-12-29 None 12.00000000 N N N N N N V-SKY CO-INVEST AGGREGATOR LP N/A 000000000 74.67000000 NS USD 77828.54000000 0.047640389951 Long EC CORP US Y 3 N N N TOUCHSTONE HEALTH PARTNERSHIP COMMON STOCK N/A 000000000 292.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N ISTO Biologics-Revolver N/A 000000000 60932.25000000 PA USD -1523.31000000 -0.00093244820 Long LON CORP US Y 3 2028-10-17 None 0.50000000 N N N N N N SMARTLING, INC.-DELAYED DRAW TERM LOAN N/A 000000000 201926.48000000 PA USD 199907.22000000 0.122367166528 Long LON CORP US Y 3 2027-11-08 Floating 9.86000000 N N N N N N TERRIER MEDIA BUYER INC 8.875 12/15/27 144A N/A 000000000 428000.00000000 PA USD 339459.64000000 0.207789965252 Long DBT CORP US Y 2 2027-12-15 Fixed 8.88000000 N N N N N N SBP HOLDING LP-REVOLVER N/A 000000000 53238.24000000 PA USD -958.29000000 -0.00058658827 Long LON CORP US Y 3 2028-03-27 None 0.50000000 N N N N N N SUNVAIR INC. 12 75% PIK 07/31/2025 N/A 000000000 1454061.24000000 PA USD 1454061.24000000 0.890059668166 Long DBT CORP US Y 3 2025-07-31 None 12.75000000 N N Y N N N WOODLAND FOODS INC. CASH EQUITY - COMMON A UNITS N/A 000000000 145.80000000 NS USD 88692.15000000 0.054290220677 Long EC CORP US Y 3 N N N WHITCRAFT LLC-2023 REVOLVER N/A 000000000 125748.50000000 PA USD 4485.03000000 0.002745375644 Long LON CORP US Y 3 2029-02-15 Floating 0.50000000 N N N N N N SCP ESP LLC UNIT N/A 000000000 272.70000000 NS USD 314259.48000000 0.192364448478 Long EC CORP US Y 3 N N N SCIENTIFIC GAMES HOLDIN 6.625 03/01/30 144A N/A 000000000 480000.00000000 PA USD 453806.40000000 0.277783880544 Long DBT CORP US Y 2 2030-03-01 None 6.62000000 N N N N N N WORLD 50 INC. 2019 TERM LOAN N/A 000000000 1177944.37000000 PA USD 1172997.00000000 0.718014683192 Long LON CORP US Y 3 2026-01-12 Floating 10.10000000 N N N N N N MAGENTA BUYER LLC 2021 USD 2ND LIEN TERM LOAN N/A 000000000 503333.33000000 PA USD 191266.67000000 0.117078114833 Long LON CORP US N 2 2029-07-27 Floating 13.89000000 N N N N N N LSF11 A5 HOLDCO LLC 6.625 10/15/29 144A N/A 000000000 70000.00000000 PA USD 59194.49000000 0.036234119084 Long DBT CORP US Y 2 2029-10-15 Floating 6.62000000 N N N N N N BRIDGER AERO SERIES C PREF N/A 000000000 183.00000000 NS USD 187825.71000000 0.114971835103 Long EP CORP US Y 3 N N N MARSHALL EXCELSIOR-REVOLVER N/A 000000000 105684.80000000 PA USD 91734.41000000 0.056152448244 Long LON CORP US Y 3 2028-02-18 Floating 0.50000000 N N N N N N CAI SOFTWARE-REVOLVER N/A 000000000 235746.39000000 PA USD -15323.52000000 -0.00937982992 Long LON CORP US Y 3 2028-12-10 Floating 0.50000000 N N N N N N SCALED AGILE, INC.-DELAYED DRAW TERM LOAN N/A 000000000 58289.75000000 PA USD 56890.80000000 0.034823984834 Long LON CORP US Y 3 2028-12-15 Floating 1.00000000 N N N N N N THE CAPROCK GROUP-DDTL N/A 000000000 234041.26000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2027-12-15 Floating 1.00000000 N N N N N N SAFETY PRODUCTS HOLDINGS LLC/JUSTRITE-DELAYED DRAW N/A 000000000 436206.24000000 PA USD 426609.70000000 0.261136242115 Long LON CORP US Y 3 2026-12-15 Floating 1.00000000 N N N N N N LYNX FRANCHISING LLC 2020 TERM LOAN N/A 000000000 1673250.00000000 PA USD 1662541.20000000 1.017674378546 Long LON CORP US Y 3 2026-12-18 Floating 12.47000000 N N N N N N CASH FLOW MANAGEMENT TERM LOAN N/A 000000000 896373.77000000 PA USD 878446.29000000 0.537714362965 Long LON CORP US Y 3 2027-12-28 Floating 11.46000000 N N N N N N CMT OPCO HOLDING LLC INCREMENTAL EQUITY N/A 000000000 443.15000000 NS USD 6780.20000000 0.004150294634 Long EC CORP US Y 3 N N N GOJO INDUSTRIES INC.TERM LOAN N/A 000000000 621712.78000000 PA USD 603061.40000000 0.369145820548 Long LON CORP US Y 3 2028-10-20 None 4.50000000 N N Y N N N OFFICE ALLY (OA TOPCO LP) N/A 000000000 21092.01000000 NS USD 27630.53000000 0.016913194359 Long EC CORP US Y 3 N N N MOBILE PRO SYSTEMS PIK FIXED 2ND LIEN TERM LOAN N/A 000000000 608262.44000000 PA USD 602240.64000000 0.368643417106 Long LON CORP US Y 3 2027-06-23 Fixed 0.00000000 N N Y N N N TS OPCO HOLDING LLC UNIT N/A 000000000 55.77000000 NS USD 167351.83000000 0.102439367874 Long EC CORP US Y 3 N N N RWA HOLDING COMPANY FIRST LIEN TERM LOAN N/A 000000000 131215.45000000 PA USD 128814.21000000 0.078849727820 Long LON CORP US Y 3 2028-11-01 Floating 11.88000000 N N N N N N BBB INDUSTRIES LLC - DBA (GC EOS BUYER INC) EQUIT N/A 000000000 45.00000000 NS USD 45657.90000000 0.027948104388 Long EC CORP US Y 3 N N N EDELMAN FINANCIAL GROUP 2018 2ND LIEN TERM LOAN N/A 000000000 128177.88000000 PA USD 128017.66000000 0.078362143797 Long LON CORP US N 2 2026-07-20 Floating 12.22000000 N N N N N N TRUCK LITE CO.LLC TERM LOAN N/A 000000000 1447451.74000000 PA USD 1432977.22000000 0.877153722166 Long LON CORP US Y 3 2026-12-14 Floating 11.71000000 N N N N N N TRUCK-LITE CC-2021 DDTL N/A 000000000 231605.37000000 PA USD 229289.32000000 0.140352531557 Long LON CORP US Y 3 2026-12-14 Floating 11.71000000 N N N N N N STRATUS TECHNOLOGIES INC TERM LOAN N/A 000000000 571245.20000000 PA USD 569245.84000000 0.348446646893 Long LON CORP US Y 3 2027-06-30 Floating 10.96000000 N N N N N N PROCESS INSIGHTS LOAN-DDTL N/A 000000000 105864.66000000 PA USD -635.19000000 -0.00038881237 Long LON CORP US Y 3 2025-06-30 None 1.00000000 N N N N N N HOOSIER HD HOLDINGS INC PREFERRED STOCK N/A 000000000 209.60000000 NS USD 209390.40000000 0.128172008725 Long EP CORP US Y 3 N N N TRINTECH INC 2023 TERM LOAN N/A 000000000 1601785.71000000 PA USD 1561741.07000000 0.955972623633 Long LON CORP US Y 3 2029-07-25 Floating 11.86000000 N N N N N N CJS GLOBAL COMMON EQUITY N/A 000000000 303180.00000000 NS USD 224143.78000000 0.137202844667 Long EC CORP US Y 3 N N N 1WS INTERMEDIATE, INC (1WORLDSYNC)-DELAYED DRAW TE N/A 000000000 63692.25000000 PA USD 63692.25000000 0.038987287013 Long LON CORP US Y 3 2025-07-08 Floating 1.00000000 N N N N N N ADVANTAGE SOFTWARE CLASS B - 2 UNITS N/A 000000000 197.46000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N 4201 LIEN ROAD LLC UNIT N/A 000000000 19696.00000000 NS USD 13618.90000000 0.008336398276 Long EC CORP US Y 3 N N N GRAPHPAD SOFTWARE INC. UNITRANCHE TERM LOAN N/A 000000000 2341183.94000000 PA USD 2334160.39000000 1.428785779457 Long LON CORP US Y 3 2027-04-27 Floating 11.72000000 N N N N N N ASC INVESTORS LP LLC UNIT N/A 000000000 111100.00000000 NS USD 27775.00000000 0.017001627306 Long EC CORP US Y 3 N N N DISTROKID CASH EQUITY N/A 000000000 73332.87000000 NS USD 68932.90000000 0.042195192617 Long EC CORP US Y 3 N N N FOLLETT SCHOOL SOLUTIONS - LP UNITS - 12/31/3999 N/A 000000000 880.50000000 NS USD 12415.05000000 0.007599497861 Long EC CORP US Y 3 N N N NAVIA BENEFIT SOLUTIONS TERM LOAN N/A 000000000 1006537.50000000 PA USD 988923.09000000 0.605339399135 Long LON CORP US Y 3 2027-02-11 Floating 10.36000000 N N N N N N HOP ENTERTAINMENT LLC UNIT CLASS I N/A 000000000 47.37000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N PROFITOPTICS TERM LOAN N/A 000000000 653870.99000000 PA USD 653870.99000000 0.400247376364 Long LON CORP US Y 3 2028-03-15 Floating 11.47000000 N N N N N N EPS NASS PARENT, INC.-DELAYED DRAW TERM LOAN N/A 000000000 62679.27000000 PA USD 59796.02000000 0.036602327505 Long LON CORP US Y 3 2028-04-19 Floating 11.25000000 N N N N N N SCALED AGILE, INC.-REVOLVER N/A 000000000 231716.42000000 PA USD 33058.21000000 0.020235584728 Long LON CORP US Y 3 2027-12-15 Floating 0.50000000 N N N N N N THEROX COMMON STOCK N/A 000000000 2.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N MAGNOLIA WASH HOLDINGS TERM LOAN N/A 000000000 422475.90000000 PA USD 417406.19000000 0.255502591460 Long LON CORP US Y 3 2028-07-14 Floating 12.16000000 N N N N N N US LEGAL SUPPORT-DELAYED DRAW TERM LOAN N/A 000000000 388503.43000000 PA USD 379567.85000000 0.232340994535 Long LON CORP US Y 3 2024-12-02 Floating 0.50000000 N N N N N N JONES FISH EQUITY N/A 000000000 401.02000000 NS USD 89639.33000000 0.054870008304 Long EC CORP US Y 3 N N N MAGNOLIA WASH HOLDINGS (EXPRESS WASH ACQUISITION)- N/A 000000000 90459.30000000 PA USD 89373.79000000 0.054707466014 Long LON CORP US Y 3 2028-07-14 Floating 12.16000000 N N N N N N SBRK BUYER LLC TERM LOAN N/A 000000000 1109591.78000000 PA USD 1098495.86000000 0.672411060647 Long LON CORP US Y 3 2026-12-23 Floating 10.98000000 N N N N N N ACCURUS AEROSPACE CORPORATION (ACCURUS AEROSPACE N/A 000000000 8752.47000000 NS USD 10240.39000000 0.006268345427 Long EC CORP US Y 3 N N N JONES FISH 2023 INCREMENTAL TERM LOAN B N/A 000000000 35052.63000000 PA USD 34372.61000000 0.021040154987 Long LON CORP US Y 3 2028-02-28 Floating 11.07000000 N N N N N N THE HILB GROUP LLC (THG ACQUISITION)-2019 DELAYED N/A 000000000 323436.88000000 PA USD 320914.07000000 0.196437854745 Long LON CORP US Y 3 2026-12-02 Floating 1.00000000 N N N N N N HTI TECHNOLOGY & INDUSTRIES 2023 INCREMENTAL TERM N/A 000000000 97063.45000000 PA USD 96578.13000000 0.059117385138 Long LON CORP US Y 3 2025-07-27 Floating 14.03000000 N N N N N N OFFICE ALLY TERM LOAN N/A 000000000 835175.34000000 PA USD 827742.28000000 0.506677434758 Long LON CORP US Y 3 2028-12-10 Floating 10.86000000 N N N N N N VITALSOURCE EQUITY N/A 000000000 1890.90000000 NS USD 49919.76000000 0.030556873258 Long EC CORP US Y 3 N N N CLEAVER-BROOKS INC 2022 FIXED PIK TERM LOAN B HOLD N/A 000000000 105848.44000000 PA USD 104620.60000000 0.064040340226 Long LON CORP US Y 3 2029-07-14 Fixed 12.50000000 N N Y N N N COMPASS PRECISION PIK SENIOR SUB DEBT N/A 000000000 1315823.47000000 PA USD 1276348.77000000 0.781278347458 Long LON CORP US Y 3 2025-10-16 Fixed 1.00000000 N N Y N N N BEST LAWYERS TERM LOAN N/A 000000000 1040788.68000000 PA USD 1034439.87000000 0.633201121178 Long LON CORP US Y 3 2027-11-19 Floating 10.72000000 N N N N N N LEADSONLINE WEATHERBY PARENT HOLDINGS LLC EQUITY N/A 000000000 7050.00000000 NS USD 20656.50000000 0.012644252545 Long EC CORP US Y 3 N N N UROGPO 2020 TERM LOAN N/A 000000000 2200000.00000000 PA USD 2173160.00000000 1.330234253733 Long LON CORP US Y 3 2026-12-15 Floating 11.25000000 N N N N N N MASTER CUTLERY LLC 13% 5/22/2024 N/A 000000000 868102.11000000 PA USD 0.00000000 0.000000 Long DBT CORP US Y 3 2024-05-22 Floating 0.00000000 Y Y N N N N SANDVINE CORPORATION 2018 2ND LIEN TERM LOAN N/A 000000000 1725000.00000000 PA USD 1502475.00000000 0.919694689013 Long LON CORP US Y 3 2026-11-02 Floating 13.36000000 N N N N N N WOODLAND FOODS, INC-REVOLVER N/A 000000000 196536.92000000 PA USD 120831.95000000 0.073963628465 Long LON CORP US Y 3 2027-11-30 Floating 0.50000000 N N N N N N OCELOT COMMON STOCK N/A 000000000 12.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N REP SEKO MERGER SUB LLC TERM LOAN N/A 000000000 1429868.15000000 PA USD 1386972.11000000 0.848993083663 Long LON CORP US Y 3 2026-12-30 Floating 10.72000000 N N N N N N STANDARD ELEVATOR SYSTEMS-REVOLVER N/A 000000000 146186.44000000 PA USD 110078.38000000 0.067381155401 Long LON CORP US Y 3 2027-12-02 Floating 0.38000000 N N N N N N DECKS DIRECT LLC CASH EQUITY N/A 000000000 2209.38000000 NS USD 70633.88000000 0.043236396146 Long EC CORP US Y 3 N N N POLARA TERM LOAN N/A 000000000 758202.32000000 PA USD 758202.32000000 0.464110648697 Long LON CORP US Y 3 2027-12-03 Floating 10.21000000 N N N N N N STS OPERATING INC. 2018 2ND LIEN TERM LOAN N/A 000000000 500000.00000000 PA USD 493750.00000000 0.302234148788 Long LON CORP US N 2 2026-04-30 Floating 13.46000000 N N N N N N HTI TECHNOLOGY & INDUSTRIES 2022 TERM LOAN N/A 000000000 470113.65000000 PA USD 467763.08000000 0.286327040644 Long LON CORP US Y 3 2025-07-07 Floating 14.03000000 N N N N N N SBRK Buyer LLC-Delayed Draw Term Loan N/A 000000000 191793.85000000 PA USD 189875.91000000 0.116226803107 Long LON CORP US Y 3 2026-12-23 Floating 10.98000000 N N N N N N CASH FLOW MANAGEMENT-REVOLVER N/A 000000000 74626.88000000 PA USD -1492.54000000 -0.00091361327 Long LON CORP US Y 3 2027-12-28 Floating 0.50000000 N N N N N N HOME CARE ASSISTANCE LLC TERM LOAN N/A 000000000 577032.03000000 PA USD 527407.28000000 0.322836436122 Long LON CORP US Y 3 2027-03-30 Floating 10.48000000 N N N N N N MUSIC REPORTS INC 2021 INCREMENTAL TERM LOAN N/A 000000000 783584.00000000 PA USD 779195.93000000 0.476961252947 Long LON CORP US Y 3 2026-08-21 Floating 11.52000000 N N N N N N VAN POOL TRANSPORTATION LLC 1ST LIEN TERM LOAN N/A 000000000 1389719.86000000 PA USD 1338300.23000000 0.819200062455 Long LON CORP US Y 3 2024-05-22 Floating 10.86000000 N N N N N N POLARA-REVOLVER N/A 000000000 108265.57000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2027-12-03 Floating 0.50000000 N N N N N N ZB HOLDCO LLC-REVOLVER N/A 000000000 173006.93000000 PA USD -1275.06000000 -0.00078048946 Long LON CORP US Y 3 2028-02-09 Floating 0.50000000 N N N N N N RECOVERY POINT SYSTEMS INC. TERM LOAN N/A 000000000 1315818.54000000 PA USD 1315818.54000000 0.805438574980 Long LON CORP US Y 3 2026-08-12 Floating 11.07000000 N N N N N N PROFITOPTICS EQUITY N/A 000000000 96774.20000000 NS USD 88064.52000000 0.053906035930 Long EC CORP US Y 3 N N N OMEGA HOLDINGS SENIOR TERM LOAN N/A 000000000 461741.07000000 PA USD 446041.87000000 0.273031058032 Long LON CORP US Y 3 2029-03-31 Floating 10.46000000 N N N N N N RPS GROUP HOLDINGS LLC COMMON UNITS N/A 000000000 21532.00000000 NS USD 11842.60000000 0.007249089884 Long EC CORP US Y 3 N N N WHITCRAFT LLC PARTNERSHIP EQUITY N/A 000000000 4205.80000000 NS USD 53581.89000000 0.032798535523 Long EC CORP US Y 3 N N N ACCURUS AEROSPACE CORPORATION 2022 A-1 TERM LOAN N/A 000000000 424971.25000000 PA USD 412222.11000000 0.252329313473 Long LON CORP US Y 3 2028-03-31 Floating 10.77000000 N N N N N N ROCK-IT CARGO 2018 TERM LOAN N/A 000000000 2428782.77000000 PA USD 2386764.83000000 1.460985998486 Long LON CORP US Y 3 2024-07-31 Floating 10.52000000 N N Y N N N POLICY SERVICES COMPANY LLC WARRANTS - CLASS B N/A 000000000 312.00000000 NS USD 15818.40000000 0.009682755765 Long EC CORP US Y 3 N N N HOME CARE ASSISTANCE, LLC-DELAYED DRAW TERM LOAN N/A 000000000 258199.10000000 PA USD 235993.98000000 0.144456586662 Long LON CORP US Y 3 2027-03-30 Floating 0.75000000 N N N N N N NARDA-MITEQ TERM LOAN N/A 000000000 547417.90000000 PA USD 544242.88000000 0.333141840143 Long LON CORP US Y 3 2027-11-30 Floating 10.36000000 N N N N N N STANDARD ELEVATOR SYSTEMS-DELAYED DRAW TERM LOAN N/A 000000000 263875.30000000 PA USD 234585.14000000 0.143594207810 Long LON CORP US Y 3 2027-12-02 Floating 11.45000000 N N N N N N NAW BUYER LLC-REVOLVER N/A 000000000 130681.82000000 PA USD 23143.75000000 0.014166747505 Long LON CORP US Y 3 2029-09-08 None 0.50000000 N N N N N N WARNER PACIFIC INSURANCE SERVICES SENIOR TERM LOAN N/A 000000000 120557.40000000 PA USD 118351.20000000 0.072445112283 Long LON CORP US Y 3 2027-12-27 Floating 11.70000000 N N N N N N ECHO GLOBAL LOGISTICS INC 2ND LIEN TERM LOAN N/A 000000000 1679203.54000000 PA USD 1568376.11000000 0.960034062958 Long LON CORP US Y 3 2029-11-23 Floating 12.48000000 N N N N N N PROJECT POTTER BUYER LLC 1ST LIEN INCREMENTAL TER N/A 000000000 159572.05000000 PA USD 158151.86000000 0.096807884124 Long LON CORP US Y 3 2027-04-23 Floating 12.11000000 N N N N N N NARDA-MITEQ (JFL-NARDA PARTNERS LLC) CLASS B COMM N/A 000000000 87.83000000 NS USD 39434.79000000 0.024138815571 Long EC CORP US Y 3 N N N NF HOLDCO LLC TERM LOAN N/A 000000000 634713.45000000 PA USD 620432.40000000 0.379778953508 Long LON CORP US Y 3 2029-04-02 Floating 11.87000000 N N N N N N POLICY SERVICES COMPANY LLC WARRANTS - CLASS A N/A 000000000 924.00000000 NS USD 46846.80000000 0.028675853613 Long EC CORP US Y 3 N N N TENCARVA MACHINERY COMPANY-SENIOR REVOLVER N/A 000000000 297534.17000000 PA USD -1695.94000000 -0.00103811844 Long LON CORP US Y 3 2027-12-20 Floating 0.50000000 N N N N N N JF ACQUISITION LLC INCREMENTAL TERM LOAN N/A 000000000 669359.27000000 PA USD 635891.31000000 0.389241658328 Long LON CORP US Y 3 2026-05-04 Floating 10.98000000 N N N N N N THE CAPROCK GROUP-REVOLVER N/A 000000000 105981.33000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2027-12-15 None 0.50000000 N N N N N N STRATUS TECHNOLOGIES (MC GROUP VENTURES CORPORATIO N/A 000000000 360421.85000000 PA USD 301120.40000000 0.184321757522 Long LON CORP US Y 3 2027-06-30 Floating 1.00000000 N N N N N N ENTACT ENVIRONMENTAL SERVICES INC 2023 INCREMENTAL N/A 000000000 158371.28000000 PA USD 158371.28000000 0.096942195449 Long LON CORP US Y 3 2025-12-15 Floating 11.11000000 N N N N N N STANDARD ELEVATOR SYSTEMS TERM LOAN N/A 000000000 838788.57000000 PA USD 745683.04000000 0.456447349590 Long LON CORP US Y 3 2027-12-02 Floating 11.45000000 N N N N N N FILTRATION GROUP EQUITY LLC UNIT CLASS B-1 N/A 000000000 49341.75000000 NS USD 624666.56000000 0.382370766659 Long EC CORP US Y 3 N N N PROJECT POTTER BUYER LLC INCREMENTAL TERM LOAN N/A 000000000 156060.06000000 PA USD 154671.13000000 0.094677260390 Long LON CORP US Y 3 2027-04-23 Floating 12.11000000 N N N N N N SARA LEE FROZEN BAKERY 2018 1ST LIEN TERM LOAN N/A 000000000 1460456.82000000 PA USD 1359685.30000000 0.832290287119 Long LON CORP US Y 3 2025-07-30 Floating 10.03000000 N N N N N N KINGS III-DELAY DRAW TERM LOAN N/A 000000000 73569.47000000 PA USD 42014.92000000 0.025718164217 Long LON CORP US Y 3 2028-07-07 Floating 1.00000000 N N N N N N NAVIA BENEFIT SOLUTIONS INC. 2022 INCREMENTAL TERM N/A 000000000 512324.97000000 PA USD 503359.28000000 0.308116179292 Long LON CORP US Y 3 2027-02-01 Floating 0.00000000 N N Y N N N WESTMINSTER FOODS II LLC UNIT N/A 000000000 370241.00000000 NS USD 66643.38000000 0.040793732104 Long EC CORP US Y 3 N N N DATASERV PREFERRED UNITS N/A 000000000 9615.38000000 NS USD 9615.38000000 0.005885764434 Long EC CORP US Y 3 N N N SUNVAIR AEROSPACE GROUP INC. COMMON STOCK N/A 000000000 68.48000000 NS USD 305819.35000000 0.187198077833 Long EC CORP US Y 3 N N N BBB INDUSTRIES LLC 2022 2ND LIEN TERM LOAN N/A 000000000 454545.45000000 PA USD 436818.18000000 0.267385054800 Long LON CORP US Y 3 2030-07-25 Floating 14.35000000 N N N N N N WHITCRAFT LLC 2023 TERM LOAN N/A 000000000 838807.13000000 PA USD 812804.11000000 0.497533485199 Long LON CORP US Y 3 2029-02-15 Floating 12.36000000 N N N N N N PB HOLDINGS, LLC (PROCESS EQUIPMENT)-DELAYED DRAW N/A 000000000 40775.52000000 PA USD 40449.32000000 0.024759829466 Long LON CORP US Y 3 2025-03-06 Floating 10.61000000 N N N N N N NEPTUNE ENERGY BONDCO 6.625 05/15/25 144A 549300CPMT8I2QBRYF88 000000000 500000.00000000 PA USD 495492.65000000 0.303300859349 Long DBT CORP GB Y 2 2025-05-15 Floating 6.62000000 N N N N N N POLICY SERVICES COMPANY LLC 1ST LIEN PIK TOGGLE T N/A 000000000 1368940.94000000 PA USD 1346353.41000000 0.824129573345 Long LON CORP US Y 3 2026-06-22 Floating 11.61000000 N N Y N N N DCCP PETERSON PARTY HOLDING LLC UNIT N/A 000000000 3450.00000000 NS USD 4519.50000000 0.002766475413 Long EC CORP US Y 3 N N N TRIDENT MARITIME SYSTEMS INC 2023 INCREMENTAL TERM N/A 000000000 78484.10000000 PA USD 76718.21000000 0.046960734979 Long LON CORP US Y 3 2027-02-26 Floating 10.85000000 N N N N N N ASC COMMUNICATIONS, LLC-2022 REVOLVER N/A 000000000 22664.17000000 PA USD -188.11000000 -0.00011514585 Long LON CORP US Y 3 2027-07-15 Floating 0.50000000 N N N N N N CJS GLOBAL-REVOLVER N/A 000000000 242424.24000000 PA USD -1939.39000000 -0.00118713900 Long LON CORP US Y 3 2029-03-10 None 0.50000000 N N N N N N BLUE WAVE PRODUCTS, INC. COMMON STOCK N/A 000000000 51064.00000000 NS USD 128170.64000000 0.078455785883 Long EC CORP US Y 3 N N N HTI TECHNOLOGY & INDUSTRIES-2022 REVOLVER N/A 000000000 68181.82000000 PA USD -340.91000000 -0.00020867775 Long LON CORP US Y 3 2025-07-07 None 0.50000000 N N N N N N FIRST QUANTUM MINERALS L 7.5 04/01/25 144A 549300I7UVBGWRYMYZ18 000000000 388000.00000000 PA USD 370701.59000000 0.226913781282 Long DBT CORP CA Y 2 2025-04-01 None 7.50000000 N N N N N N ADVANTAGE SOFTWARE CLASS A - 2 UNITS N/A 000000000 197.46000000 NS USD 15792.85000000 0.009667116104 Long EC CORP US Y 3 N N N ZB HOLDCO LLC-DDTL N/A 000000000 274735.00000000 PA USD 272710.20000000 0.166931311722 Long LON CORP US Y 3 2028-02-09 Floating 11.50000000 N N N N N N PEGASUS TRANSTECH CORPORATION TERM LOAN N/A 000000000 1440404.20000000 PA USD 1440404.20000000 0.881699923641 Long LON CORP US Y 3 2026-11-17 Floating 11.36000000 N N N N N N SMARTSHIFT TECHNOLOGIES COMMON STOCK N/A 000000000 29.00000000 NS USD 30398.38000000 0.018607450134 Long EC CORP US Y 3 N N N TERRYBEAR MEZZANINE LOAN N/A 000000000 945401.96000000 PA USD 895295.66000000 0.548028195876 Long LON CORP US Y 3 2028-04-27 Fixed 4.00000000 N N Y N N N ESHIPPING LLC TE N/A 000000000 880392.25000000 PA USD 880392.25000000 0.538905523602 Long LON CORP US Y 3 2027-11-05 Floating 10.47000000 N N N N N N PEGASUS TRANSTECH CORPORATION 2020 MICRODEA TERM L N/A 000000000 290753.65000000 PA USD 290753.65000000 0.177976064637 Long LON CORP US Y 3 2026-08-31 Floating 11.36000000 N N N N N N SMARTLING INC TERM LOAN N/A 000000000 1395727.95000000 PA USD 1381770.67000000 0.845809179276 Long LON CORP US Y 3 2027-10-26 Floating 9.86000000 N N N N N N LYNX FRANCHISING LLC 2021-09 INCREMENTAL TERM LOA N/A 000000000 765993.46000000 PA USD 761091.10000000 0.465878928119 Long LON CORP US Y 3 2026-12-23 Floating 12.47000000 N N N N N N SAFETY PRODUCTS HOLDINGS LLC TERM LOAN N/A 000000000 1212006.35000000 PA USD 1185342.21000000 0.725571430606 Long LON CORP US Y 3 2026-12-15 Floating 11.54000000 N N N N N N OCELOT PREFERRED STOCK N/A 000000000 15.24000000 NS USD 130310.69000000 0.079765752850 Long EP CORP US Y 3 N N N PROFITOPTICS SENIOR SUB DEBT N/A 000000000 32258.07000000 PA USD 29096.78000000 0.017810715009 Long LON CORP US Y 3 2029-02-15 Fixed 8.00000000 N N N N N N ENTACT ENVIRONMENTAL SERVICES INC. TERM LOAN N/A 000000000 965229.72000000 PA USD 965229.72000000 0.590836218347 Long LON CORP US Y 3 2025-12-15 Floating 15.03000000 N N N N N N KINGS III-REVOLVER N/A 000000000 58257.35000000 PA USD 12946.72000000 0.007924943592 Long LON CORP US Y 3 2028-07-07 Floating 0.38000000 N N N N N N TANK HOLDING CORP 2022 TERM LOAN N/A 000000000 472204.57000000 PA USD 467010.32000000 0.285866261347 Long LON CORP US Y 3 2028-03-31 Floating 11.21000000 N N N N N N LEADSONLINE TERM LOAN N/A 000000000 1474294.98000000 PA USD 1459552.03000000 0.893420689416 Long LON CORP US Y 3 2027-12-23 Floating 10.86000000 N N N N N N ROADONE INTERMODALOGISTICS TERM LOAN N/A 000000000 510045.89000000 PA USD 498722.87000000 0.305278140953 Long LON CORP US Y 3 2028-12-29 Floating 11.61000000 N N N N N N PROCESS INSIGHTS LOAN-REVOLVER N/A 000000000 114821.37000000 PA USD -688.93000000 -0.00042170769 Long LON CORP US Y 3 2029-06-30 None 0.50000000 N N N N N N COMPLY365 TERM LOAN N/A 000000000 635616.36000000 PA USD 622904.03000000 0.381291887157 Long LON CORP US Y 3 2028-04-19 Floating 10.36000000 N N N N N N CGI PARENT LLC TERM LOAN N/A 000000000 819124.74000000 PA USD 802742.25000000 0.491374421519 Long LON CORP US Y 3 2028-02-14 Floating 11.25000000 N N N N N N RESONETICS LLC 2021 2ND LIEN TERM LOAN N/A 000000000 1725000.00000000 PA USD 1716375.00000000 1.050627113167 Long LON CORP US Y 3 2029-04-28 Floating 12.62000000 N N N N N N PRIME SECURITY SERVICES 6.25 01/15/28 144A N/A 000000000 885000.00000000 PA USD 880582.88000000 0.539022211998 Long DBT CORP US Y 2 2028-01-15 Floating 6.25000000 N N N N N N HQ ACQUISITION HOLDINGS, LLC UNIT COMMON N/A 000000000 3716.44000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N SAFETY PRODUCTS HOLDINGS INC. COMMON STOCK N/A 000000000 29.78000000 NS USD 36805.11000000 0.022529136388 Long EC CORP US Y 3 N N N THE CAPROCK GROUP HOLDCO PIK NOTE N/A 000000000 1241152.60000000 PA USD 1234326.26000000 0.755555537251 Long LON CORP US Y 3 2028-10-21 Floating 13.29000000 N N Y N N N ADVANTAGE SOFTWARE CLASS A - 1 UNITS N/A 000000000 765.58000000 NS USD 61231.09000000 0.037480762259 Long EC CORP US Y 3 N N N THE CAPROCK GROUP TERM LOAN N/A 000000000 106423.22000000 PA USD 106423.22000000 0.065143759611 Long LON CORP US Y 3 2027-12-15 Floating 9.61000000 N N N N N N STACKLINE - TA SL CAYMAN AGGREGATOR CORP N/A 000000000 1340.00000000 NS USD 61640.00000000 0.037731064164 Long EC CORP US Y 3 N N N RPX CORPORATION 2021 INCREMENTAL TERM LOAN N/A 000000000 795977.07000000 PA USD 791519.60000000 0.484504815301 Long LON CORP US Y 3 2025-10-23 Floating 10.86000000 N N N N N N PANOS HOLDINGS INC COMMON STOCK CLASS B N/A 000000000 380545.00000000 NS USD 399572.25000000 0.244586083763 Long EC CORP US Y 3 N N N REP SEKO MERGER SUB, LLC-DELAYED DRAW TERM LOAN N/A 000000000 248759.96000000 PA USD 241297.16000000 0.147702768116 Long LON CORP US Y 3 2026-12-30 Floating 1.00000000 N N N N N N BEST LAWYERS HOLDCO PIK NOTE N/A 000000000 359634.68000000 PA USD 351722.72000000 0.215296439268 Long LON CORP US Y 3 2028-05-19 Fixed 0.00000000 N N Y N N N CGI PARENT LLC INCREMENTAL TERM LOAN N/A 000000000 105604.85000000 PA USD 103492.75000000 0.063349960915 Long LON CORP US Y 3 2028-02-14 Floating 11.23000000 N N N N N N RENOVATION BRANDS EQUITY CO-INVEST N/A 000000000 39473.69000000 NS USD 13421.05000000 0.008215290374 Long EC CORP US Y 3 N N N FIVE STAR INTERMEDIATE HOLDING LLC 2ND LIEN TERM N/A 000000000 476190.48000000 PA USD 466190.48000000 0.285364421055 Long LON CORP US Y 3 2030-04-27 Floating 12.64000000 N N N N N N ROCK LABOR LLC-REVOLVER N/A 000000000 57867.25000000 PA USD -1591.35000000 -0.00097409683 Long LON CORP US Y 3 2029-09-14 None 0.50000000 N N N N N N EPS NASS PARENT INC TERM LOAN N/A 000000000 1113572.23000000 PA USD 1062347.91000000 0.650284184902 Long LON CORP US Y 3 2028-04-19 Floating 11.25000000 N N N N N N DWYER INSTRUMENTS, INC-2022 UPSIZE DELAYED DRAW TE N/A 000000000 145754.87000000 PA USD 142839.77000000 0.087435050732 Long LON CORP US Y 3 2027-07-21 Floating 1.00000000 N N N N N N OPTIONS TECHNOLOGY LTD (INTEGRA US BIDCO)-DELAYED N/A 000000000 327230.90000000 PA USD 324613.05000000 0.198702073624 Long LON CORP US Y 3 2025-12-24 Floating 1.00000000 N N N N N N MASTER CUTLERY INVESTMENT COMPANY LLC UNIT N/A 000000000 4.56000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N TGI 7.75 08/15/25 CORP 5493007L6S47Q14SL582 000000000 500000.00000000 PA USD 498739.52000000 0.305288332747 Long DBT CORP US N 2 2025-08-15 None 7.75000000 N N N N N N FORTIS PAYMENT SYSTEMS LLC 2022 TERM LOAN N/A 000000000 311438.28000000 PA USD 311438.28000000 0.190637536113 Long LON CORP US Y 3 2026-05-31 Floating 10.70000000 N N N N N N BEST LAWYERS (AZALEA INVESTMENT HOLDINGS LLC) CAS N/A 000000000 44230.77000000 NS USD 66346.16000000 0.040611797859 Long EC CORP US Y 3 N N N TENCARVA MACHINERY COMPANY SENIOR TERM LOAN N/A 000000000 1420863.07000000 PA USD 1412764.15000000 0.864780901901 Long LON CORP US Y 3 2027-12-20 Floating 10.61000000 N N N N N N PB HOLDINGS LLC TERM LOAN A N/A 000000000 657730.96000000 PA USD 652469.11000000 0.399389257866 Long LON CORP US Y 3 2025-03-06 Floating 10.61000000 N N N N N N ESHIPPING LLC-DELAYED DRAW TERM LOAN N/A 000000000 138356.53000000 PA USD 138356.53000000 0.084690770782 Long LON CORP US Y 3 2027-11-05 Floating 10.47000000 N N N N N N PROJECT POTTER BUYER, LLC-DELAYED TL LIEN1 N/A 000000000 54121.81000000 PA USD 53640.13000000 0.032834185380 Long LON CORP US Y 3 2027-04-23 Floating 1.00000000 N N N N N N FRAGILEPAK CASH EQUITY N/A 000000000 107.81000000 NS USD 72635.91000000 0.044461878339 Long EC CORP US Y 3 N N N OCELOT BIDCO FIXED SUPER SENIOR TAKEBACK TERM LOAN N/A 000000000 34293.80000000 PA USD 34293.80000000 0.020991913826 Long LON CORP US Y 3 2027-10-20 None 10.00000000 N N N N N N COMPASS PRECISION EQUITY N/A 000000000 158995.32000000 NS USD 491295.54000000 0.300731725236 Long EC CORP US Y 3 N N N ROADONE INTERMODALOGISTICS-REVOLVER N/A 000000000 103652.67000000 PA USD 4004.45000000 0.002451203113 Long LON CORP US Y 3 2028-12-29 Floating 0.50000000 N N N N N N FSS CONTENT TOPCO LP - LP INTEREST - 12/31/3999 N/A 000000000 200.26000000 NS USD 2823.67000000 0.001728424301 Long EC CORP US Y 3 N N N CSC HOLDINGS LLC 5.0 11/15/31 144A N/A 000000000 625000.00000000 PA USD 378125.00000000 0.231457797489 Long DBT CORP US Y 2 2031-11-15 Floating 5.00000000 N N N N N N KANO LABORATORIES LLC 2021 TERM LOAN N/A 000000000 265217.10000000 PA USD 263705.36000000 0.161419270907 Long LON CORP US Y 3 2027-10-31 Floating 10.47000000 N N N N N N GD DENTAL SERVICES LLC UNIT PREFERRED N/A 000000000 75.92000000 NS USD 143353.66000000 0.087749612973 Long EC CORP US Y 3 N N N ZB HOLDCO LLC-2023 DDTL LIEN 1 N/A 000000000 380378.25000000 PA USD -2803.39000000 -0.00171601051 Long LON CORP US Y 3 2028-02-09 None 1.00000000 N N N N N N TOUCHTUNES INTERACTIVE NETWORKS INC 2022 2ND LIEN N/A 000000000 161976.23000000 PA USD 160631.83000000 0.098325922852 Long LON CORP US Y 3 2030-03-31 Floating 12.85000000 N N N N N N TEAM AIR SUBORDINATED DEBT TERM LOAN N/A 000000000 1035000.00000000 PA USD 1017715.50000000 0.622963803242 Long LON CORP US Y 3 2030-05-02 Fixed 12.00000000 N N N N N N SCALED AGILE INC. 2021 UNITRANCHE TERM LOAN N/A 000000000 1185006.70000000 PA USD 1156566.54000000 0.707957273385 Long LON CORP US Y 3 2028-12-15 Floating 10.95000000 N N N N N N COGENCY GLOBAL PREFERRED N/A 000000000 32.85000000 NS USD 59509.28000000 0.036426808275 Long EP CORP US Y 3 N N N Omega Holdings-Revolver N/A 000000000 176931.75000000 PA USD -6015.67000000 -0.00368231068 Long LON CORP US Y 3 2028-03-31 Floating 0.50000000 N N N N N N VITALSOURCE TERM LOAN N/A 000000000 1634300.57000000 PA USD 1634300.57000000 1.000387729899 Long LON CORP US Y 3 2028-06-01 Floating 10.88000000 N N N N N N TRANSIT TECHNOLOGIES LLC TERM LOAN B N/A 000000000 780310.00000000 PA USD 780310.00000000 0.477643197247 Long LON CORP US Y 3 2025-02-10 Floating 10.31000000 N N N N N N HQ ACQUISITION HOLDINGS, LLC UNIT PREFERRED N/A 000000000 371.65000000 NS USD 126108.28000000 0.077193374503 Long EC CORP US Y 3 N N N GLOPROFESSIONAL HOLDINGS INC PREFERRED STOCK N/A 000000000 649.61000000 NS USD 722816.60000000 0.442450349024 Long EP CORP US Y 3 N N N AMTECH SOFTWARE-DELAYED DRAW TERM LOAN N/A 000000000 180909.09000000 PA USD 179896.00000000 0.110117902643 Long LON CORP US Y 3 2027-11-02 Floating 11.38000000 N N N N N N SYNCSORT INCORPORATED 2021 2ND LIEN TERM LOAN N/A 000000000 222222.22000000 PA USD 201991.11000000 0.123642756847 Long LON CORP US N 2 2029-04-23 Floating 12.89000000 N N N N N N EFC INTERNATIONAL MEZZANINE DEBT N/A 000000000 976027.87000000 PA USD 954848.07000000 0.584481404878 Long LON CORP US Y 3 2030-02-28 Floating 2.50000000 N N Y N N N NAW BUYER LLC-DELAY DRAW TERM LOAN N/A 000000000 522727.27000000 PA USD -11970.45000000 -0.00732734940 Long LON CORP US Y 3 2029-09-08 None 1.00000000 N N N N N N CW MERGER SUB LLC INITIAL TERM LOAN N/A 000000000 1623447.55000000 PA USD 1622473.48000000 0.993148133993 Long LON CORP US Y 3 2027-01-29 Floating 11.36000000 N N N N N N BEST LAWYERS-REVOLVER N/A 000000000 110576.92000000 PA USD -674.52000000 -0.00041288704 Long LON CORP US Y 3 2027-11-19 None 0.50000000 N N N N N N CLEAVER-BROOKS INC-2022 REVOLVER N/A 000000000 69197.03000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2028-07-14 Floating 0.50000000 N N N N N N AMERICO CHEMICAL PRODUCTS TERM LOAN N/A 000000000 493688.66000000 PA USD 489739.15000000 0.299779028108 Long LON CORP US Y 3 2029-04-28 Floating 10.86000000 N N N N N N RPX CORP TERM LOAN N/A 000000000 1420493.37000000 PA USD 1412538.61000000 0.864642844402 Long LON CORP US Y 3 2025-10-23 Floating 10.86000000 N N N N N N ILLUMIFIN 2022 INCREMENTAL TERM LOAN N/A 000000000 396229.96000000 PA USD 302323.46000000 0.185058174363 Long LON CORP US Y 3 2028-02-04 Floating 12.66000000 N N Y N N N APPLIED AEROSPACE STRUCTURES CORP.-REVOLVER N/A 000000000 25806.45000000 PA USD -154.84000000 -0.00009478062 Long LON CORP US Y 3 2028-12-01 None 0.50000000 N N N N N N ROCK LABOR LLC TERM LOAN N/A 000000000 346335.47000000 PA USD 336811.24000000 0.206168827187 Long LON CORP US Y 3 2029-09-14 Floating 12.89000000 N N N N N N DCCP PETERSON PARTY HOLDING LLC UNIT SERIES A-1 N/A 000000000 339.35000000 NS USD 444.55000000 0.000272117854 Long EC CORP US Y 3 N N N BRIGHTSIGN EQUITY N/A 000000000 111835.40000000 NS USD 93941.74000000 0.057503598632 Long EC CORP US Y 3 N N N AMERICO CHEMICAL PRODUCTS CASH EQUITY N/A 000000000 22480.00000000 NS USD 22704.80000000 0.013898057521 Long EC CORP US Y 3 N N N CASH FLOW MANAGEMENT (OSP HAMILTON PURCHASER LLC) N/A 000000000 12008.00000000 NS USD 12008.00000000 0.007350334498 Long EC CORP US Y 3 N N N GD DENTAL SERVICES LLC UNIT COMMON N/A 000000000 766.87000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N LEADSONLINE-REVOLVER N/A 000000000 224511.93000000 PA USD 34485.03000000 0.021108969494 Long LON CORP US Y 3 2028-02-07 Floating 0.50000000 N N N N N N PORTFOLIO GROUP AGENCY 1ST LIEN TERM LOAN N/A 000000000 676199.98000000 PA USD 654561.58000000 0.400670100173 Long LON CORP US Y 3 2025-12-02 Floating 11.36000000 N N N N N N DWYER INSTRUMENTS INC TERM LOAN N/A 000000000 1429367.59000000 PA USD 1400780.24000000 0.857445313368 Long LON CORP US Y 3 2027-07-21 Floating 11.11000000 N N N N N N ROCK LABOR EQUITY N/A 000000000 12266.00000000 NS USD 80464.96000000 0.049254194821 Long EC CORP US Y 3 N N N ProfitOptics-Revolver N/A 000000000 193548.38000000 PA USD 109677.41000000 0.067135713726 Long LON CORP US Y 3 2028-02-15 Floating 0.50000000 N N N N N N RWA HOLDING COMPANY-REVOLVER N/A 000000000 18648.02000000 PA USD 5048.95000000 0.003090562239 Long LON CORP US Y 3 2028-11-01 Floating 0.50000000 N N N N N N NARDA-MITEQ-REVOLVER N/A 000000000 207681.67000000 PA USD -1204.55000000 -0.00073732889 Long LON CORP US Y 3 2027-12-06 Floating 0.50000000 N N N N N N PARKVIEW DENTAL PARTNERS LLC LAST OUT TERM LOAN N/A 000000000 583333.33000000 PA USD 571666.66000000 0.349928478735 Long LON CORP US Y 3 2029-10-12 None 13.65000000 N N N N N N KANO LABORATORIES LLC EQUITY CO-INVEST N/A 000000000 19.76000000 NS USD 21769.00000000 0.013325235817 Long EC CORP US Y 3 N N N CONCEPT MACHINE TOOL SALES LLC TERM LOAN N/A 000000000 579275.57000000 PA USD 527140.77000000 0.322673300076 Long LON CORP US Y 3 2025-01-31 Floating 10.78000000 N N Y N N N NAW BUYER LLC TERM LOAN N/A 000000000 1042840.91000000 PA USD 1018959.85000000 0.623725494509 Long LON CORP US Y 3 2029-09-13 Floating 11.12000000 N N N N N N HEMASOURCE INC. COMMON EQUITY N/A 000000000 11337.00000000 NS USD 11337.00000000 0.006939602116 Long EC CORP US Y 3 N N N MARSHALL EXCELSIOR TERM LOAN N/A 000000000 517985.84000000 PA USD 501410.29000000 0.306923163932 Long LON CORP US Y 3 2028-02-18 Floating 11.00000000 N N N N N N CGI PARENT LLC-REVOLVER N/A 000000000 82651.91000000 PA USD -1653.04000000 -0.00101185850 Long LON CORP US Y 3 2027-12-28 Floating 0.50000000 N N N N N N GRAPHPAD SOFTWARE INC. PREFERRED UNITS N/A 000000000 3737.21000000 NS USD 83788.25000000 0.051288446414 Long EC CORP US Y 3 N N N HTI TECHNOLOGY & INDUSTRIES-2022 DELAYED DRAW TERM N/A 000000000 100994.32000000 PA USD 100489.35000000 0.061511520323 Long LON CORP US Y 3 2025-07-07 None 0.00000000 N N N N N N HOP ENTERTAINMENT LLC UNIT CLASS F N/A 000000000 47.37000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N TRINTECH INC-2023 REVOLVER N/A 000000000 123214.29000000 PA USD 32123.73000000 0.019663571022 Long LON CORP US Y 3 2029-07-25 Floating 0.50000000 N N N N N N SPATCO MEZZANINE CLASS B TERM LOAN N/A 000000000 384615.38000000 PA USD 376923.07000000 0.230722072344 Long LON CORP US Y 3 2028-11-30 Fixed 12.00000000 N N N N N N SYSTEC CORP 13% 12/31/2024 N/A 000000000 909008.36000000 PA USD 839014.72000000 0.513577518420 Long DBT CORP US Y 3 2024-12-31 None 13.00000000 N N Y N N N ZB HOLDCO LLC 2023 INCREMENTAL TERM LOAN 1 N/A 000000000 303541.84000000 PA USD 301304.74000000 0.184434595685 Long LON CORP US Y 3 2028-02-09 Floating 11.50000000 N N N N N N AIT WORLDWIDE LOGISTICS INC 2ND LIEN TERM LOAN N/A 000000000 1669354.84000000 PA USD 1654330.65000000 1.012648538363 Long LON CORP US Y 3 2029-04-06 Floating 12.86000000 N N N N N N FRONTIER COMMUNICATIONS 8.75 05/15/30 144A N/A 000000000 194000.00000000 PA USD 199569.48000000 0.122160429188 Long DBT CORP US Y 2 2030-05-15 Floating 8.75000000 N N N N N N SBP HOLDING LP-DDTL N/A 000000000 87027.11000000 PA USD 77918.18000000 0.047695260369 Long LON CORP US Y 3 2028-03-27 Floating 1.00000000 N N N N N N CONCEPT MACHINE TOOL SALES LLC 2023 INCREMENTAL TE N/A 000000000 76824.82000000 PA USD 69910.59000000 0.042793656020 Long LON CORP US Y 3 2027-01-31 Floating 10.54000000 N N Y N N N WARNER PACIFIC INSURANCE SERVICES-DELAYED DRAW TER N/A 000000000 430257.99000000 PA USD -7873.72000000 -0.00481965987 Long LON CORP US Y 3 2027-12-27 None 1.00000000 N N N N N N WWEC HOLDINGS II CORP-REVOLVER N/A 000000000 124223.61000000 PA USD 23291.93000000 0.014257451417 Long LON CORP US Y 3 2027-10-03 Floating 0.50000000 N N N N N N SYNTAX SYSTEMS LTD-SENIOR REVOLVER N/A 000000000 101119.36000000 PA USD 62019.87000000 0.037963590111 Long LON CORP US Y 3 2026-10-29 Floating 0.50000000 N N N N N N TANK HOLDING CORP.-DELAYED DRAW TERM LOAN N/A 000000000 68239.19000000 PA USD 22332.41000000 0.013670110231 Long LON CORP US Y 3 2028-03-31 None 1.00000000 N N N N N N BRIGHTSIGN TERM LOAN N/A 000000000 1267800.94000000 PA USD 1223427.91000000 0.748884441483 Long LON CORP US Y 3 2027-10-14 Floating 11.25000000 N N N N N N NARDA-MITEQ (JFL-NARDA PARTNERS LLC) CLASS A PREF N/A 000000000 790.43000000 NS USD 92251.09000000 0.056468718300 Long EC CORP US Y 3 N N N POLARA (VSC POLARA LLC) EQUITY CO-INVEST N/A 000000000 1471.10000000 NS USD 255221.14000000 0.156225911900 Long EC CORP US Y 3 N N N SPATCO MEZZANINE TERM LOAN N/A 000000000 115384.62000000 PA USD 113076.93000000 0.069216627212 Long LON CORP US Y 3 2028-11-30 Fixed 12.00000000 N N N N N N THE OCTAVE MUSIC GROUP INC (FKA TOUCHTUNES) N/A 000000000 25641.03000000 NS USD 81538.48000000 0.049911317663 Long EC CORP US Y 3 N N N ZIYAD EQUITY N/A 000000000 31.26000000 NS USD 35323.80000000 0.021622397215 Long EC CORP US Y 3 N N N HOOSIER HD HOLDINGS INC COMMON STOCK N/A 000000000 209.60000000 NS USD 284272.10000000 0.174008579580 Long EC CORP US Y 3 N N N HOP ENTERTAINMENT LLC UNIT CLASS G N/A 000000000 113.69000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N PROJECT POTTER BUYER LLC TERM LOAN N/A 000000000 1647249.02000000 PA USD 1632588.50000000 0.999339737962 Long LON CORP US Y 3 2027-04-23 Floating 12.11000000 N N N N N N ISTO BIOLOGICS TERM LOAN N/A 000000000 578797.80000000 PA USD 564327.86000000 0.345436253983 Long LON CORP US Y 3 2028-10-17 Floating 11.60000000 N N N N N N WWEC HOLDINGS II CORP TERM LOAN N/A 000000000 711490.69000000 PA USD 711490.69000000 0.435517535317 Long LON CORP US Y 3 2029-10-03 Floating 11.10000000 N N N N N N SISU ACQUISITIONCO, INC.-DELAYED TERM LOAN N/A 000000000 87541.80000000 PA USD -1750.84000000 -0.00107172382 Long LON CORP US Y 3 2025-11-30 Floating 0.50000000 N N N N N N POLICY SERVICES COMPANY LLC WARRANTS - CLASS CC N/A 000000000 32.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N KINGS III 1ST LIEN TERM LOAN N/A 000000000 364437.68000000 PA USD 360392.42000000 0.220603334255 Long LON CORP US Y 3 2028-08-31 Floating 10.89000000 N N N N N N CMT OPCO HOLDING LLC N/A 000000000 1237.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N TRIDENT MARITIME SYSTEMS INC. 2021 TERM LOAN N/A 000000000 1682010.22000000 PA USD 1644164.99000000 1.006425936648 Long LON CORP US Y 3 2027-02-26 Floating 11.00000000 N N N N N N PROCESS INSIGHTS TERM LOAN N/A 000000000 603428.55000000 PA USD 599807.98000000 0.367154337765 Long LON CORP US Y 3 2029-07-18 Floating 11.62000000 N N N N N N AMERICO CHEMICAL-REVOLVER N/A 000000000 120041.01000000 PA USD -960.33000000 -0.00058783700 Long LON CORP US Y 3 2029-04-28 None 0.50000000 N N N N N N PORTFOLIO GROUP-DDTL 1ST LIEN N/A 000000000 257646.00000000 PA USD 94151.33000000 0.057631892819 Long LON CORP US Y 3 2025-12-02 Floating 1.00000000 N N N N N N Cascade Services-Delayed Draw Term Loan N/A 000000000 397058.82000000 PA USD -9926.47000000 -0.00607618878 Long LON CORP US Y 3 2029-09-30 Floating 1.00000000 N N N N N N WOODLAND FOODS INC TERM LOAN N/A 000000000 988963.86000000 PA USD 907868.82000000 0.555724475998 Long LON CORP US Y 3 2027-11-30 Floating 11.37000000 N N N N N N NF HOLDCO, LLC-REVOLVER N/A 000000000 110490.24000000 PA USD 41710.07000000 0.025531559498 Long LON CORP US Y 3 2029-04-02 None 0.50000000 N N N N N N TERRYBEAR CASH EQUITY N/A 000000000 84038.47000000 NS USD 397501.96000000 0.243318818272 Long EC CORP US Y 3 N N N THE HILB GROUP LLC (THG ACQUISITION)-DELAYED TL LI N/A 000000000 127889.33000000 PA USD 126891.79000000 0.077672976483 Long LON CORP US Y 3 2026-12-02 Floating 11.21000000 N N N N N N CADENCE INC. 2023 INCREMENTAL TERM LOAN N/A 000000000 367068.26000000 PA USD 357891.55000000 0.219072502223 Long LON CORP US Y 3 2026-05-21 Floating 10.78000000 N N N N N N VAN POOL TRANSPORTATION LLC (VP HOLDING COMPANY)-D N/A 000000000 776397.40000000 PA USD 747670.70000000 0.457664035622 Long LON CORP US Y 3 2024-05-22 Floating 0.50000000 N N N N N N NET AT WORK EQUITY CO-INVEST N/A 000000000 32603.00000000 NS USD 32603.00000000 0.019956941676 Long EC CORP US Y 3 N N N NEW ENTERPRISE STONE & L 9.75 07/15/28 144A N/A 000000000 505000.00000000 PA USD 505000.00000000 0.309120496482 Long DBT CORP US Y 2 2028-07-15 None 9.75000000 N N N N N N OPTIONS TECHNOLOGY LTD TERM LOAN N/A 000000000 1227534.67000000 PA USD 1217714.39000000 0.745387082792 Long LON CORP US Y 3 2025-12-26 Floating 10.11000000 N N N N N N APPLIED AEROSPACE STRUCTURES CORP. (AASC LP) COMMO N/A 000000000 8.00000000 NS USD 10244.08000000 0.006270604149 Long EC CORP US Y 3 N N N CLEAVER-BROOKS INC 2022 TERM LOAN N/A 000000000 517085.64000000 PA USD 517085.64000000 0.316518355961 Long LON CORP US Y 3 2028-07-14 Floating 11.11000000 N N N N N N FIVE STAR HOLDING LLC COMMON EQUITY N/A 000000000 33.63000000 NS USD 29750.11000000 0.018210631234 Long EC CORP US Y 3 N N N CGI PARENT LLC 2023 INCREMENTAL TERM LOAN N/A 000000000 661388.05000000 PA USD 648160.29000000 0.396751743851 Long LON CORP US Y 3 2028-02-14 Floating 11.23000000 N N N N N N Accurus Aerospace Corporation-2022 Revolver N/A 000000000 60981.33000000 PA USD 42382.03000000 0.025942879515 Long LON CORP US Y 3 2028-04-05 Floating 0.50000000 N N N N N N ASC COMMUNICATIONS LLC 2022 TERM LOAN N/A 000000000 383433.72000000 PA USD 380251.22000000 0.232759298840 Long LON CORP US Y 3 2027-07-15 Floating 10.11000000 N N N N N N FRAGILEPAK TERM LOAN N/A 000000000 1051171.90000000 PA USD 1003869.16000000 0.614488184440 Long LON CORP US Y 3 2027-05-24 Floating 11.36000000 N N N N N N RWA HOLDING COMPANY-DDTL N/A 000000000 44124.57000000 PA USD -807.48000000 -0.00049427449 Long LON CORP US Y 3 2028-11-01 None 1.00000000 N N N N N N AMTECH SOFTWARE TERM N/A 000000000 534545.43000000 PA USD 531551.98000000 0.325373489036 Long LON CORP US Y 3 2027-11-02 Floating 11.38000000 N N N N N N KANO LABORATORIES LLC-2021 DDTL N/A 000000000 174463.33000000 PA USD -994.44000000 -0.00060871640 Long LON CORP US Y 3 2027-10-31 Floating 1.00000000 N N N N N N DATASERV-REVOLVER N/A 000000000 48076.93000000 PA USD -663.46000000 -0.00040611699 Long LON CORP US Y 3 2027-09-30 None 0.50000000 N N N N N N CADENCE INC 2018 1ST LIEN TERM LOAN N/A 000000000 863528.41000000 PA USD 835895.50000000 0.511668182113 Long LON CORP US Y 3 2026-05-21 Floating 10.28000000 N N N N N N SMARTSHIFT TECHNOLOGIES-REVOLVER N/A 000000000 168013.65000000 PA USD -3864.31000000 -0.00236542064 Long LON CORP US Y 3 2029-09-30 None 0.50000000 N N N N N N GALLATIN CO-REV-TXBL 11.5 09/01/27 N/A 000000000 340000.00000000 PA USD 360019.23000000 0.220374897268 Long DBT CORP US N 2 2027-09-01 Floating 11.50000000 N N N N N N EFI PRODUCTIVITY SOFTWARE TERM LOAN N/A 000000000 908448.51000000 PA USD 902361.90000000 0.552353581256 Long LON CORP US Y 3 2027-12-30 Floating 10.86000000 N N N N N N BEST LAWYERS-DELAYED DRAW TERM LOAN N/A 000000000 221153.85000000 PA USD 71631.73000000 0.043847199884 Long LON CORP US Y 3 2027-11-19 Floating 2.00000000 N N N N N N AQA ACQUISITION HOLDING INC 2020 2ND LIEN TERM LO N/A 000000000 1725000.00000000 PA USD 1719652.50000000 1.052633335795 Long LON CORP US Y 3 2029-03-02 Floating 12.98000000 N N N N N N TEAM AIR COMMON EQUITY N/A 000000000 690000.00000000 NS USD 724500.00000000 0.443480791487 Long EC CORP US Y 3 N N N SUNVAIR INC. 12.75% 7/31/2025 N/A 000000000 606668.97000000 PA USD 604242.29000000 0.369868666693 Long DBT CORP US Y 3 2025-07-31 Floating 12.75000000 N N Y N N N OFFICE ALLY-REVOLVER N/A 000000000 133124.41000000 PA USD -1184.81000000 -0.00072524565 Long LON CORP US Y 3 2028-12-10 None 0.50000000 N N N N N N MUSIC REPORTS INC TERM LOAN N/A 000000000 548681.99000000 PA USD 545609.37000000 0.333978295722 Long LON CORP US Y 3 2026-08-25 Floating 11.52000000 N N N N N N TRUCK-LITE CC-2021 DDTL 2 N/A 000000000 297026.40000000 PA USD 294056.14000000 0.179997584139 Long LON CORP US Y 3 2026-12-14 Floating 11.71000000 N N N N N N TANK HOLDING CORP.-REVOLVER N/A 000000000 21818.18000000 PA USD 5578.18000000 0.003414514398 Long LON CORP US Y 3 2028-03-31 Floating 11.21000000 N N N N N N OFFICE ALLY 2022 INCREMENTAL TERM LOAN N/A 000000000 112236.59000000 PA USD 111237.68000000 0.068090785879 Long LON CORP US Y 3 2028-12-20 Floating 10.86000000 N N N N N N OMNI INTERMEDIATE HOLDINGS LLC TERM LOAN N/A 000000000 1702071.84000000 PA USD 1608457.89000000 0.984568913915 Long LON CORP US Y 3 2026-12-30 Floating 10.38000000 N N N N N N SBP HOLDING LP TERM LOAN N/A 000000000 605094.03000000 PA USD 594202.34000000 0.363723014557 Long LON CORP US Y 3 2028-03-27 Floating 12.11000000 N N N N N N DECKSDIRECT, LLC-REVOLVER N/A 000000000 414303.76000000 PA USD -9321.83000000 -0.00570607666 Long LON CORP US Y 3 2026-12-28 Floating 0.50000000 N N N N N N HEMASOURCE INC 2023 SENIOR TERM LOAN N/A 000000000 815062.01000000 PA USD 796397.09000000 0.487490423480 Long LON CORP US Y 3 2029-08-31 Floating 11.39000000 N N N N N N RUFFALO NOEL LEVITZ LLC TERM LOAN N/A 000000000 1234732.26000000 PA USD 1190281.90000000 0.728595112637 Long LON CORP US Y 3 2025-07-31 Floating 11.45000000 N N Y N N N WG SMC HOLDINGS INC COMMON STOCK N/A 000000000 156.82000000 NS USD 300661.58000000 0.184040904718 Long EC CORP US Y 3 N N N CJS GLOBAL SENIOR TERM LOAN N/A 000000000 603030.31000000 PA USD 592175.76000000 0.362482504823 Long LON CORP US Y 3 2029-03-10 Floating 11.11000000 N N N N N N ECHO LOGISTICS EQUITY N/A 000000000 45.80000000 NS USD 42326.07000000 0.025908625292 Long EC CORP US Y 3 N N N AUDIO PRECISION 2018 TERM LOAN N/A 000000000 1710000.00000000 PA USD 1658700.00000000 1.015323103990 Long LON CORP US Y 3 2024-10-31 Floating 10.36000000 N N N N N N SMARTSHIFT TECHNOLOGIES-DELAYED DRAW TERM LOAN N/A 000000000 350028.44000000 PA USD -8050.65000000 -0.00492796222 Long LON CORP US Y 3 2025-03-31 None 1.00000000 N N N N N N JONES FISH-REVOLVER N/A 000000000 199609.59000000 PA USD -3872.43000000 -0.00237039105 Long LON CORP US Y 3 2027-12-20 Floating 0.50000000 N N N N N N NEWFORMA EQUITY N/A 000000000 81722.00000000 NS USD 80904.78000000 0.049523417349 Long EC CORP US Y 3 N N N ROI SOLUTIONS 2018 SENIOR TERM LOAN N/A 000000000 500164.20000000 PA USD 500164.20000000 0.306160407577 Long LON CORP US Y 3 2025-08-01 Floating 10.36000000 N N N N N N DECKSDIRECT LLC 2023 INCREMENTAL TERM LOAN B N/A 000000000 290220.23000000 PA USD 283690.27000000 0.173652429919 Long LON CORP US Y 3 2026-12-28 None 11.71000000 N N N N N N DWYER INSTRUMENTS, INC-DELAYED DRAW TERM LOAN N/A 000000000 129605.26000000 PA USD 127013.15000000 0.077747263342 Long LON CORP US Y 3 2027-07-21 Floating 11.11000000 N N N N N N CORONADO FINANCE PTY LTD 10.75 05/15/26 144A 549300NS5FS0W548RE27 000000000 219000.00000000 PA USD 228156.98000000 0.139659403828 Long DBT CORP AU Y 2 2026-05-15 None 10.75000000 N N N N N N ADVANTAGE SOFTWARE CLASS B - 1 UNITS N/A 000000000 765.58000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N POLICY SERVICES COMPANY LLC WARRANTS - CLASS D N/A 000000000 89.00000000 NS USD 4512.30000000 0.002762068151 Long EC CORP US Y 3 N N N PETERSON PARTY CENTER COMMON STOCK N/A 000000000 84066.66000000 NS USD 110127.32000000 0.067411112543 Long EC CORP US Y 3 N N N APPLIED AEROSPACE STRUCTURES CORP. TERM LOAN N/A 000000000 166064.54000000 PA USD 165068.15000000 0.101041482141 Long LON CORP US Y 3 2028-11-22 Floating 11.63000000 N N N N N N VERSCEND HOLDING CORP 9.75 08/15/26 144A N/A 000000000 482000.00000000 PA USD 485256.39000000 0.297035041976 Long DBT CORP US Y 2 2026-08-15 Floating 9.75000000 N N N N N N HTI TECHNOLOGY & INDUSTRIES-2022 DELAYED DRAW TERM N/A 000000000 102272.73000000 PA USD -511.36000000 -0.00031301357 Long LON CORP US Y 3 2025-07-07 None 2.00000000 N N N N N N DECKSDIRECT LLC N/A 000000000 1085185.44000000 PA USD 1060768.77000000 0.649317562049 Long LON CORP US Y 3 2026-12-28 Floating 11.61000000 N N N N N N NAVIA BENEFIT SOLUTIONS-DELAYED DRAW TERM LOAN N/A 000000000 143354.40000000 PA USD 140845.70000000 0.086214441012 Long LON CORP US Y 3 2027-02-11 Floating 10.46000000 N N N N N N ROADONE INTERMODALOGISTICS-DDTL N/A 000000000 130931.70000000 PA USD 43925.41000000 0.026887612965 Long LON CORP US Y 3 2028-12-29 Floating 1.00000000 N N N N N N JONES FISH 2023 INCREMENTAL SENIOR TERM LOAN N/A 000000000 143645.89000000 PA USD 140859.16000000 0.086222680145 Long LON CORP US Y 3 2028-02-28 Floating 11.04000000 N N N N N N DEL REAL HOLDCO LLC UNIT N/A 000000000 368799.04000000 NS USD 361423.06000000 0.221234209400 Long EC CORP US Y 3 N N N NARDA-MITEQ INCREMENTAL TERM LOAN N/A 000000000 860631.49000000 PA USD 855639.83000000 0.523754077345 Long LON CORP US Y 3 2027-12-06 Floating 10.36000000 N N N N N N DECKSDIRECT LLC 2023 INCREMENTAL TERM LOAN N/A 000000000 119890.79000000 PA USD 117193.25000000 0.071736308167 Long LON CORP US Y 3 2026-12-28 Floating 11.61000000 N N N N N N MOBILE PRO SYSTEMS EQUITY N/A 000000000 4117.65000000 NS USD 506676.83000000 0.310146917318 Long EC CORP US Y 3 N N N THE HILB GROUPLLC 2019 TERM LOAN N/A 000000000 1143504.92000000 PA USD 1134585.58000000 0.694502292655 Long LON CORP US Y 3 2026-12-02 Floating 11.21000000 N N N N N N JONES FISH 2023 INCREMENTAL TERM LOAN N/A 000000000 274261.81000000 PA USD 268941.13000000 0.164624189366 Long LON CORP US Y 3 2029-02-28 Floating 10.98000000 N N N N N N DCCP PETERSON PARTY HOLDING LLC PREFERRED P-1 N/A 000000000 71.02000000 NS USD 90550.50000000 0.055427753498 Long EP CORP US Y 3 N N N ELLKAY TERM LOAN N/A 000000000 693288.11000000 PA USD 626732.45000000 0.383635338822 Long LON CORP US Y 3 2027-09-14 Floating 11.78000000 N N N N N N CADENT LLC - 2018 TERM LOAN N/A 000000000 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US Y 3 2025-09-11 Floating 11.67000000 N N N N N N HTI TECHNOLOGY & INDUSTRIES-2023 DELAYED DRAW TERM N/A 000000000 154845.12000000 PA USD 154070.89000000 0.094309841604 Long LON CORP US Y 3 2025-07-27 None 2.00000000 N N N N N N ADVANCED MFG ENT LLC UNIT N/A 000000000 1945.32000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N POLYTEX HOLDINGS LLC UNIT CLASS F N/A 000000000 36976.00000000 NS USD 0.00000000 0.000000 Long EC CORP US Y 3 N N N WORLD 50 INC 2020 INCREMENTAL TERM LOAN N/A 000000000 279304.70000000 PA USD 277573.01000000 0.169907933982 Long LON CORP US Y 3 2026-01-10 Floating 10.10000000 N N N N N N TANK HOLDING CORP. 2023 INCREMENTAL TERM LOAN N/A 000000000 158428.66000000 PA USD 156939.43000000 0.096065731721 Long LON CORP US Y 3 2028-03-31 Floating 11.46000000 N N N N N N PORTFOLIO GROUP-DELAYED DRAW TERM LOAN N/A 000000000 508340.25000000 PA USD 492073.36000000 0.301207844255 Long LON CORP US Y 3 2025-12-02 Floating 1.00000000 N N N N N N AIT WORLDWIDE LOGISTICS INC LP UNITS N/A 000000000 55.65000000 NS USD 85770.56000000 0.052501857605 Long EC CORP US Y 3 N N N SISU ACQUISITIONCO INC. TERM LOAN N/A 000000000 1360810.12000000 PA USD 1284604.75000000 0.786331996244 Long LON CORP US Y 3 2026-12-22 Floating 11.11000000 N N N N N N BLUE WAVE PRODUCTS INC. WARRANT - EXP 03/31/24 N/A 000000000 20216.00000000 NS USD 50540.00000000 0.030936534440 Long EC CORP US Y 3 N N N REELCRAFT HOLDINGS LLC UNITS CLASS B N/A 000000000 293617.00000000 NS USD 907276.53000000 0.555361923564 Long EC CORP US Y 3 N N N Comply365-Revolver N/A 000000000 52748.24000000 PA USD -1054.96000000 -0.00064576189 Long LON CORP US Y 3 2028-04-19 Floating 0.50000000 N N N N N N SYNTAX SYSTEMS LTD SENIOR TERM LOAN N/A 000000000 689697.60000000 PA USD 689697.60000000 0.422177553533 Long LON CORP US Y 3 2028-10-29 Floating 10.96000000 N N N N N N TURNBERRY SOLUTIONS INC TERM LOAN N/A 000000000 1596400.98000000 PA USD 1583949.05000000 0.969566567798 Long LON CORP US Y 3 2026-07-30 Floating 11.45000000 N N N N N N WARNER PACIFIC INSURANCE SERVICES-FUNDED DELAYED D N/A 000000000 308665.70000000 PA USD 303017.12000000 0.185482777380 Long LON CORP US Y 3 2027-12-27 Floating 11.73000000 N N N N N N STACKLINE HOLDCO NOTES N/A 000000000 2064204.78000000 PA USD 2020856.48000000 1.237006254290 Long LON CORP US Y 3 2028-07-30 Floating 5.55000000 N N Y N N N DISTROKID SENIOR TERM LOAN N/A 000000000 1618563.82000000 PA USD 1610471.00000000 0.985801178396 Long LON CORP US Y 3 2027-09-30 Floating 11.11000000 N N N N N N CW INTERMEDIATE HOLDINGS LLC N/A 000000000 55645.16000000 NS USD 99604.84000000 0.060970094243 Long EC CORP US Y 3 N N N 1WORLDSYNC INC. TERM LOAN N/A 000000000 2320922.49000000 PA USD 2320922.49000000 1.420682598822 Long LON CORP US Y 3 2025-07-08 Floating 10.41000000 N N N N N N HEMASOURCE INC-REVOLVER N/A 000000000 202373.39000000 PA USD 38370.00000000 0.023487036534 Long LON CORP US Y 3 2029-08-31 None 0.50000000 N N N N N N PROJECT POTTER BUYER LLC CLASS B PARTNERSHIP UNIT N/A 000000000 6628.62000000 NS USD 34999.11000000 0.021423648038 Long EC CORP US Y 3 N N N BROWN MACHINE GROUP HOLDINGS LLC TERM LOAN A N/A 000000000 784104.17000000 PA USD 766853.88000000 0.469406439831 Long LON CORP US Y 3 2025-10-04 Floating 11.21000000 N N N N N N HEARTLAND VETERINARY PARTNERS LLC 2021 OPCO PIK NO N/A 000000000 1865413.30000000 PA USD 1645294.53000000 1.007117350441 Long LON CORP US Y 3 2028-11-09 Fixed 11.00000000 N N Y N N N CASCADE SERVICES TERM LOAN N/A 000000000 536764.71000000 PA USD 523345.59000000 0.320350195272 Long LON CORP US Y 3 2029-09-30 Floating 10.39000000 N N N N N N KANO LABORATORIES LLC-DELAYED DRAW TERM LOAN N/A 000000000 395138.00000000 PA USD -2252.29000000 -0.00137867129 Long LON CORP US Y 3 2026-10-01 Floating 0.00000000 N N N N N N Truck-Lite Cc-Delayed Draw N/A 000000000 214519.34000000 PA USD 212374.15000000 0.129998421164 Long LON CORP US Y 3 2026-12-14 Floating 1.00000000 N N N N N N SMARTSHIFT TECHNOLOGIES TERM LOAN N/A 000000000 980079.63000000 PA USD 957537.80000000 0.586127841854 Long LON CORP US Y 3 2029-09-30 Floating 11.63000000 N N N N N N U.S. LEGAL SUPPORT INC TERM LOAN N/A 000000000 1657923.82000000 PA USD 1619791.57000000 0.991506483794 Long LON CORP US Y 3 2024-12-02 Floating 11.11000000 N N N N N N CAI SOFTWARE TERM LOAN N/A 000000000 2224629.20000000 PA USD 2080028.30000000 1.273226496619 Long LON CORP US Y 3 2028-12-10 Floating 11.86000000 N N N N N N TENCARVA MACHINERY COMPANY-DELAYED DRAW TERM LOAN N/A 000000000 230023.39000000 PA USD 228712.26000000 0.139999301708 Long LON CORP US Y 3 2027-12-20 Floating 1.00000000 N N N N N N RENOVATION BRANDS TERM LOAN N/A 000000000 951456.36000000 PA USD 833475.77000000 0.510187017481 Long LON CORP US Y 3 2027-08-16 Floating 11.01000000 N N N N N N RESONETICS LLC 2021 2ND LIEN INCREMENTAL TERM LOA N/A 000000000 552000.00000000 PA USD 549240.00000000 0.336200676213 Long LON CORP US Y 3 2029-04-28 Floating 12.62000000 N N N N N N JONES FISH TERM LOAN N/A 000000000 1097046.41000000 PA USD 1075763.71000000 0.658496261648 Long LON CORP US Y 3 2027-12-20 Floating 10.99000000 N N N N N N EFI PRODUCTIVITY SOFTWARE-REVOLVER N/A 000000000 73011.73000000 PA USD 17763.76000000 0.010873549129 Long LON CORP US Y 3 2027-12-30 Floating 0.50000000 N N N N N N 2024-02-27 BARINGS PARTICIPATION INVESTORS Christopher Hanscom Christopher Hanscom Chief Financial Officer for the Trusts