MidCap Financial Investment Corp

For the period ended Mar 31, 2025. Filed May 12, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 12, 2025

MFIC$10.36+0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Schedule of Investments March 31, 2025

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Aerospace & Defense
Sperry Acquisition, LLC
Sperry Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		02/03/31		$		6,923			$		6,821			$		6,819			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		02/03/31				—					(14)					(14)			(8)(9)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		02/03/31				—					(17)					(17)			(8)(9)(23)
Sperry Parent Holdings, L.P.	Common Equity - Common Stock	N/A		N/A			988 Shares					99					99			(9)(13)(24)
			Total Aerospace & Defense		$	6,889			$		6,887
Air Freight & Logistics
Primeflight
PrimeFlight Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		05/01/29		$		14,215			$		14,066			$		14,073			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		05/01/29				10,332					10,124					10,332			(9)(31)
			Total Air Freight & Logistics		$	24,190			$		24,405
Automobile Components
K&N Parent, Inc.
K&N Holdco, LLC	Common Equity - Common Stock	N/A		N/A			125,967 Shares			$		23,718			$		252			(13)
Truck-Lite Co., LLC
TL Lighting Holdings, LLC	Common Equity - Equity	N/A		N/A			350 Shares					350					976			(9)(13)
Truck-Lite Co., LLC	First Lien Secured Debt - Term Loan	SOFR+575, 0.75% Floor		02/13/31				2,442					2,407					2,421			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 0.75% Floor		02/13/31				170					167					168			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor		02/13/30				18					14					15			(9)(20)(21)(23)(31)
														2,938					3,580
Universal Air Conditioner
Cool Acquisition Holdings, LP	Common Equity - Common Stock	N/A		N/A			137,931 Shares					138					142			(9)(13)(24)
Cool Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+475, 1.00% Floor		10/31/30				13,300					13,111					13,111			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 1.00% Floor		10/31/30				—					(21)					(43)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 1.00% Floor		10/31/30				909					858					857			(9)(21)(23)(31)
														14,086					14,067
			Total Automobile Components		$	40,742			$		17,899
Beverages
Ronnoco Coffee
Ronnoco Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+450, 1.00% Floor		03/17/31		$		5,328			$		5,249			$		5,248			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+450, 1.00% Floor		03/17/31				—					(32)					(33)			(8)(9)(21)(23)
	Common Equity - Common Stock	N/A		N/A			1,000 Shares					100					100			(9)(13)(24)
			Total Beverages		$	5,317			$		5,315

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Biotechnology
Mannkind Corporation
Mannkind Corporation	Common Equity - Common Stock	N/A		N/A			34,226 Shares		$		—			$		172			(9)(10)(13)(17)
Partner Therapeutics, Inc
Partner Therapeutics, Inc	Preferred Equity - Preferred Equity	N/A		N/A			55,556 Shares				333					402			(9)(13)
	Warrants - Warrants							73				389					201			(9)(13)
													722					603
Rigel Pharmaceuticals
Rigel Pharmaceuticals, Inc.	First Lien Secured Debt - Term Loan	SOFR+661, 1.50% Floor		09/01/27				3,000				3,018					3,000			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+661, 1.50% Floor		09/01/27				15,000				14,983					15,000			(9)(30)
													18,001					18,000
			Total Biotechnology		$		18,723		$		18,775
Building Products
OmniMax International, LLC
Omnimax International, LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		12/06/30		$		15,280		$		14,987			$		14,987			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		12/06/30				4,720				4,628					4,629			(9)(32)
													19,615					19,616
RF Fager
R.F. Fager Company, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		03/04/30				928				910					912			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		03/04/30				—				(16)					(32)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	P+425		03/04/30				16				11					11			(9)(21)(23)(28)
													905					891
			Total Building Products		$		20,520		$		20,507
Chemicals
Aspen Aerogels, Inc.
Aspen Aerogels, Inc.	First Lien Secured Debt - Term Loan	SOFR+450, 4.50% Floor		08/19/29		$		22,310		$		21,908			$		22,087			(9)(17)(30)
	First Lien Secured Debt - Revolver	SOFR+460, 2.50% Floor		08/19/29				37				37					37			(9)(17)(21)(23)(30)
													21,945					22,124
Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC)
Carbonfree Chemicals Holdings LLC (4)	Common Equity - Common Equity / Interest	N/A		N/A			1,246 Shares				56,505					18,824			(13)(16)(24)
FC2 LLC (4)	Common Equity - Common Stock	N/A		N/A			5 Shares				—					—			(13)(24)
	First Lien Secured Debt - Promissory Note	6.50%		10/14/27				12,500				12,500					12,463
													69,005					31,287

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Heubach
Heubach Holdings USA LLC	First Lien Secured Debt - Term Loan	10.00%		04/30/24			478			83				239			(14)(17)(18)
SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.)	First Lien Secured Debt - Term Loan	7.00%		01/03/29			9,438			—				—			(14)(17)
											83				239
Meristem Crop Performance
Lunar Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 0.75% Floor		10/03/30			9,068			8,899				8,887			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 0.75% Floor		10/03/30			—			(63)				(136)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor		10/03/30			1,455			1,379				1,373			(9)(21)(23)(30)
											10,215				10,124
W.R. Grace
W.R. Grace Holdings LLC	First Lien Secured Debt - Corporate Bond	4.88%		06/15/27			2,000			1,948				1,935			(10)
			Total Chemicals		$	103,196		$	65,709
Commercial Services & Supplies
Ambrosia Buyer Corp.
Ambrosia Buyer Corp.	Common Equity - Common Stock	N/A		N/A		152,029 Shares		$	11,961			$	—			(13)(24)
	Unsecured Debt - Term Loan	11% PIK		12/15/31			373			2,672				88			(14)
	Warrants - Warrants						59			576				-
											15,209				88
Atlas Technical Consultants
GI Apple Midco LLC	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor		04/19/30			7,537			7,447				7,537			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor		04/19/30			86			68				86			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		04/19/29			317			306				317			(9)(20)(21)(23)(30)
											7,821				7,940
Best Trash
Bingo Group Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		07/10/31			6,992			6,911				6,939			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		07/10/31			—			(12)				(16)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		07/10/31			25			16				19			(9)(21)(23)(31)
											6,915				6,942
Core Roofing
CRS Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		06/06/30			1,913			1,879				1,889			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		06/06/30			—			(62)				(88)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		06/06/30			—			(16)				(12)			(8)(9)(20)(21)(23)
											1,801				1,789

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
CoreTrust
Coretrust Purchasing Group LLC (HPG Enterprises LLC)	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	10/01/29		5,359		5,311			5,306			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	10/01/29		—		(10)			(12)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	10/01/29		—		(6)			(7)			(8)(9)(21)(23)
								5,295			5,287
Flatworld Solutions
Flatworld Intermediate Corp	First Lien Secured Debt - Term Loan	SOFR+550, 1.50% Floor	03/25/30		10,000		9,801			9,800			(9)(30)
Health & Safety Institute
HSI Halo Holdings, LLC	Common Equity - Common Stock	N/A	N/A	1,010 Shares		46			1,829			(9)(13)
Heritage Environmental Services
Heritage Environmental Services, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	01/31/31		1,745		1,741			1,758			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 4.50% Floor	01/31/30		—		(1)			—			(9)(20)(21)(23)
								1,740			1,758
HMA
Health Management Associates Superholdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor	03/30/29		3,897		3,814			3,877			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor	03/30/29		507		492			503			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	03/30/29		121		115			119			(9)(20)(21)(23)(31)
								4,421			4,499
IronClad
Ironhorse Purchaser, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	09/30/27		3,029		2,987			2,968			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor	09/30/27		—		(19)			(29)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	09/30/27		72		66			63			(9)(20)(21)(23)(30)
								3,034			3,002
IRP
Precision Refrigeration & Air Conditioning LLC	First Lien Secured Debt - Term Loan	SOFR+690, 1.00% Floor	03/08/28		10,933		10,791			10,661			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+690, 1.00% Floor	03/08/28		4,937		4,871			4,814			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+690, 1.00% Floor	03/08/28		1,932		1,913			1,875			(9)(21)(23)(31)
SMC IR Holdings, LLC	Common Equity - Common Stock	N/A	N/A	158 Shares		183			209			(9)(13)
								17,758			17,559
Jones & Frank
JF Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	07/31/26		7,710		7,688			7,702			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor	07/31/26		5,087		5,071			5,082			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	07/31/26		879		873			877			(9)(23)(31)
								13,632			13,661

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Mariani
CI (MG) GROUP, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		03/27/30				18,973				18,689				18,688			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor		03/27/30				—				(67)				(67)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		03/27/30				—				(30)				(30)			(8)(9)(21)(23)(31)
													18,592				18,591
SafetyCo
HEF Safety Ultimate Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		11/19/29				7,406				7,253				7,431			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		11/19/29				—				(53)				—			(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		11/17/29				710				680				712			(9)(21)(23)(31)
													7,880				8,143
SEER
GS SEER Group Borrower LLC	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor		04/29/30				3,200				3,123				3,168			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor		04/29/30				948				917				934			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		04/30/29				—				(8)				(4)			(8)(9)(21)(23)
GS SEER Group Holdings, LLC	Common Equity - Common Stock	N/A		N/A			42 Shares				42				47			(9)(13)
													4,074				4,145
Smith System
Smith Topco, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		11/06/29				8,761				8,601				8,630			(9)(32)
	First Lien Secured Debt - Term Loan	SOFR+475, 1.00% Floor		11/06/29				837				824				824			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		11/06/29				—				(20)				(17)			(8)(9)(21)(23)
													9,405				9,437
Vixxo
Vixxo Corporation	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		08/01/30				3,741				3,688				3,694			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		08/01/30				—				(8)				(16)			(8)(9)(21)(23)
													3,680				3,678
			Total Commercial Services & Supplies		$		131,104		$		118,148
Communications Equipment
Congruex
Congruex Group LLC	First Lien Secured Debt - Term Loan	SOFR+665, 1.50% Floor		05/03/29		$		15,104		$		14,879		$		13,011			(9)(10)(31)
MCA
Mobile Communications America, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		10/16/29				2,469				2,418				2,463			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor		10/16/29				2,475				2,387				2,454			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		10/16/29				—				(26)				(3)			(8)(9)(21)(23)
													4,779				4,914

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Mitel Networks
MLN US Holdco LLC	First Lien Secured Debt - Term Loan	SOFR+800, 1.00% Floor		07/03/25				878				768				760			(17)(30)
	First Lien Secured Debt - Term Loan	14.94%		10/18/27				606				509				46			(14)(17)
	Second Lien Secured Debt - Term Loan	15.20%		10/18/27				6,092				2,912				34			(14)(17)
													4,189				840
Sorenson Holdings, LLC
Sorenson Holdings, LLC	First Lien Secured Debt - Term Loan	8.00% PIK		04/01/30				247				197				204
	First Lien Secured Debt - Term Loan	10.00% PIK		04/01/30				60				54				55
	Common Equity - Membership Interests	N/A		N/A			279 Shares				108				118			(13)
													359				377
			Total Communications Equipment		$		24,206		$		19,142
Construction & Engineering
Accelevation, LLC
Accelevation LLC	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		01/02/31		$		9,231		$		9,097		$		9,092			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor		01/02/31				—				(25)				(26)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		01/02/31				286				253				252			(9)(21)(23)(30)
													9,325				9,318
Allstar Holdings
Athlete Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor		04/26/30				1,922				1,886				1,898			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor		04/26/29				20,317				19,901				20,062			(9)(21)(23)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor		04/26/30				3,334				3,259				3,292			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		04/26/29				3,201				3,123				3,135			(9)(21)(23)(31)
													28,169				28,387
American Restoration
American Restoration Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor		07/24/30				6,447				6,327				6,383			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+510, 1.00% Floor		07/24/30				6,948				6,822				6,781			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor		07/24/30				713				681				695			(9)(21)(23)(31)
													13,830				13,859
Kauffman
Kauffman Holdco, LLC	Common Equity - Common Stock	N/A		N/A			250,000 Shares				250				35			(9)(13)
Kauffman Intermediate, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.00% Floor		05/08/26				16,743				16,723				15,838			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		05/08/26				1,278				1,259				1,208			(9)(21)(23)(31)
													18,232				17,081

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Pave America
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		02/07/29			11,846			11,614			11,669			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		02/07/29			3,378			3,294			3,327			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+565, 1.00% Floor		02/07/29			1,546			1,486			1,459			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+565, 1.00% Floor		02/07/29			1,040			992			998			(9)(21)(23)(31)
											17,386			17,453
Pavement Preservation
Pavement Preservation Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		08/09/30			8,971			8,802			8,791			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		08/09/30			2,155			2,115			2,112			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		08/09/30			—			(23)			(26)			(8)(9)(21)(23)
											10,894			10,877
Renovo
HomeRenew Buyer, Inc.	First Lien Secured Debt - Term Loan	8.65%		11/23/27			9,380			8,177			3,564			(9)(14)(31)
	First Lien Secured Debt - Term Loan	SOFR+900, 2.50% Floor		04/14/25			1,320			1,287			1,287			(9)(30)
	First Lien Secured Debt - Delayed Draw	8.65%		11/23/27			8,261			7,198			3,139			(9)(14)(31)
	First Lien Secured Debt - Revolver	6.65%		11/23/27			2,233			1,975			848			(9)(14)(23)(30)
											18,637			8,838
Traffic Management Solutions, LLC
Traffic Management Solutions, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		11/26/30			7,360			7,255			7,253			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		11/26/30			3,264			3,213			3,214			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		11/26/30			—			(21)			(21)			(8)(9)(21)(23)
											10,447			10,446
Trench Plate
Trench Plate Rental Co.	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor		12/03/28			17,682			17,537			17,505			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		12/03/28			1,645			1,632			1,627			(9)(20)(21)(23)(31)
Trench Safety Solutions Holdings, LLC	Common Equity - Common Stock	N/A		N/A		331 Shares			50			43			(9)(13)
											19,219			19,175
			Total Construction & Engineering		$	146,139		$	135,434

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Consumer Staples Distribution & Retail
3D Protein
Protein For Pets Opco, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		09/20/30		$		8,539		$		8,393		$		8,390			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		09/20/30				—				(15)				(16)			(8)(9)(21)
													8,378				8,374
Turkey Hill
IC Holdings LLC	Common Equity - Series A Units	N/A		N/A			169 Shares				169				—			(9)(13)
THLP CO. LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		01/31/27				20,512				20,450				20,307			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		01/31/27				5,646				5,642				5,590			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		01/31/27				1,450				1,448				1,450			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		01/31/27				2,480				2,478				2,435			(9)(21)(23)(31)
													30,187				29,782
			Total Consumer Staples Distribution & Retail		$		38,565		$		38,156
Containers & Packaging
Berry Tapes & Adhesives
Vybond Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		02/03/32		$		17,334		$		17,077		$		17,074			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor		02/03/32				—				(32)				(33)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		02/03/32				—				(48)				(49)			(8)(9)(21)(23)
													16,997				16,992
MSI Express, Inc.
NCP-MSI Buyer	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		03/24/31				5,833				5,761				5,760			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		03/24/31				—				(9)				(9)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+375, 0.75% Floor		03/24/31				689				655				655			(9)(21)(23)(31)
													6,407				6,406
Truvant
NPPI Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		08/20/29				21,995				21,691				21,720			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		08/20/29							(31)				(59)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		08/20/29				474				432				434			(9)(21)(23)(30)
													22,092				22,095
			Total Containers & Packaging		$		45,496		$		45,493

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Diversified Consumer Services
Accelerate Learning
Eagle Purchaser, Inc.	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor	03/22/30	$	3,353	$	3,276		$	3,302		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor	03/22/30		468		461			461		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor	03/22/29		658		644			646		(9)(23)(30)(31)
								4,381			4,409
Clarus Commerce
Marlin DTC-LS Midco 2, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.00% Floor	07/01/25		21,078		21,040			21,078		(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	07/01/25		—		(1)			-		(21)(23)
								21,039			21,078
Club Car Wash
Club Car Wash Operating, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor	06/16/27		12,463		12,370			12,363		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+565, 1.00% Floor	06/16/27		20,052		19,800			19,857		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+565, 1.00% Floor	06/16/27		1,625		1,612			1,612		(9)(23)(31)
								33,782			33,832
Excelligence
Excelligence Learning Corporation	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	01/18/30		15,379		15,093			15,225		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor	01/18/30		1,356		1,312			1,332		(9)(20)(21)(23)(28)(31)
								16,405			16,557
Gateway Services
Gateway US Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	09/22/28		10,225		10,188			10,174		(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	09/22/28		2,349		2,342			2,337		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	09/22/28		533		532			531		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	09/22/28		—		(8)			(5)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	09/22/28		—		(1)			(2)		(8)(9)(21)(23)
								13,053			13,035
Go Car Wash
Go Car Wash Management Corp.	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	12/31/26		1,596		1,587			1,559		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor	12/31/26		9,294		9,228			9,079		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	12/31/26		—		—			(10)		(8)(9)(21)(23)
								10,815			10,628
Legacy.com
Lotus Topco Inc.	First Lien Secured Debt - Term Loan	SOFR+475, 1.00% Floor	06/07/30		2,919		2,880			2,883		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 1.00% Floor	06/07/30		—		(10)			(18)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 1.00% Floor	06/07/30		—		(8)			(7)		(8)(9)(21)(23)
								2,862			2,858

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Regis
Regis Corporation	First Lien Secured Debt - Term Loan	SOFR+450, 2.50% Floor		06/24/29			6,907			6,784			6,782			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+450, 2.50% Floor		06/24/29			721			650			646			(9)(20)(21)(23)(31)
											7,434			7,428
SEV
SEV Intermediate Holdco, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		06/21/30			8,271			8,133			8,126			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		06/21/30			467			440			438			(9)(21)(23)(31)(32)
											8,573			8,564
Team Car Wash
TCW Midco LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		10/22/29			4,988			4,941			4,938			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		10/22/29			1,167			1,128			1,125			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		10/22/29			—			(8)			(8)			(8)(9)(21)(23)
											6,061			6,055
Ultra Clean Newco
Ultra Clean Holdco LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		07/01/30			2,481			2,442			2,444			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		07/01/30			5,519			5,388			5,353			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		07/01/30			—			(22)			(21)			(8)(9)(21)(23)
											7,808			7,776
US Legal Support
US Legal Support Investment Holdings, LLC	Common Equity - Series A-1 Units	N/A		N/A		631,972 Shares			632			1,125			(9)(13)
USLS Acquisition, Inc.	First Lien Secured Debt - Term Loan	SOFR+590, 1.00% Floor		05/31/26			28,296			28,173			28,183			(9)(31)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+590, 1.00% Floor		05/31/26			5,555			5,526			5,529			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+590, 1.00% Floor		05/31/26			844			836			839			(9)(20)(21)(23)(30)(31)
											35,167			35,676
Village Pet Care
Village Pet Care, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		09/22/29			1,500			1,476			1,485			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+650, 1.00% Floor		09/22/29			950			909			900			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		09/22/29			803			788			793			(9)(21)(23)(31)
											3,173			3,178
Wilson Language Training
Owl Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+535, 1.00% Floor		02/04/28			9,628			9,517			9,604			(9)(30)
Owl Parent Holdings, LLC	Common Equity - Common Stock	N/A		N/A		100 Shares			100			187			(9)(13)
											9,617			9,791
			Total Diversified Consumer Services		$	180,170		$	180,865

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Diversified Telecommunication Services
Cablevision Systems
CSC Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+450, 0.00% Floor		01/18/28		$		981		$		954		$		950			(10)(17)(30)
	First Lien Secured Debt - Revolver	SOFR+235, 0.00% Floor		07/13/27				81				64				74			(17)(23)(30)
	Unsecured Debt - Corporate Bond	4.13%		12/01/30				2,000				1,426				1,457			(10)(17)
			Total Diversified Telecommunication Services		$		2,444		$		2,481
Electric Utilities
Dynagrid
Megavolt Borrower, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 1.00% Floor		02/13/32		$		4,167		$		4,084		$		4,083			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 1.00% Floor		02/13/31				200				196				183			(9)(21)(23)(30)(31)
			Total Electric Utilities		$		4,280		$		4,266
Electrical Equipment
International Wire Group
IW Buyer LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor		06/28/29		$		2,463		$		2,418		$		2,450			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor		06/28/29				—				(8)				(2)			(8)(9)(20)(21)(23)
													2,410				2,448
US MetalCo Holdings
US MetalCo Holdings LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		10/31/29				13,577				13,319				13,441			(9)((31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		10/31/29				—				(25)				(13)			(8)(9)(21)(23)
													13,294				13,428
			Total Electrical Equipment		$		15,704		$		15,876
Electronic Equipment, Instruments & Components
AVAD, LLC
Surf Opco, LLC (4)	First Lien Secured Debt - Term Loan	SOFR+411, 1.00% Floor		09/10/26		$		9,633		$		14,612		$		9,581			(9)(16)(30)
	First Lien Secured Debt - Revolver	SOFR+411, 1.00% Floor		09/10/26				16,472				16,472				16,381			(9)(16)(21)(23)(30)
	Preferred Equity - Class P-1 Preferred	N/A		N/A			13,195 Shares				1,713				2,633			(9)(13)(16)(24)
	Common Equity - Class A-1 Common	N/A		N/A			5,000 Shares				—				95			(9)(13)(16)(24)
													32,797				28,690
Pro Vigil
Pro-Vigil Holding Company, LLC	First Lien Secured Debt - Term Loan	SOFR+860, 1.00% Floor		01/11/26				7,680				7,636				7,568			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+860, 1.00% Floor		01/11/26				20,434				20,290				20,113			(9)(21)(23)(31)
													27,926				27,681
			Total Electronic Equipment, Instruments & Components		$		60,723		$		56,371

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Energy Equipment & Services
Camin Cargo
Camin Cargo Control Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		12/07/29		$		988		$		969		$	980		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor		12/07/29				—				(25)			(24)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		12/07/29				763				745			758		(9)(21)(23)(28)(30)(31)
													1,689			1,714
Generator Buyer, Inc.
Generator Buyer, Inc.	First Lien Secured Debt - Term Loan	CORRA+525, 0.75% Floor		07/22/30		C$		16,045				12,532			12,213		(9)(17)(31)(33)
	First Lien Secured Debt - Delayed Draw	CORRA+525, 0.75% Floor		07/22/30		C$		415				287			258		(9)(17)(21)(23)(33)
	First Lien Secured Debt - Revolver	CORRA+525, 0.75% Floor		07/22/30		C$		—				(20)			(15)		(8)(9)(17)(21)(23)
													12,799			12,456
			Total Energy Equipment & Services		$		14,488		$		14,170
Entertainment
DHX
WildBrain Ltd.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		07/23/29		$		13,325		$		13,082		$	13,092		(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		07/23/29				72				47			47		(9)(17)(21)(23)(31)
			Total Entertainment		$		13,129		$		13,139
Financial Services
AML Rightsource
Gabriel Partners, LLC	First Lien Secured Debt - Term Loan	SOFR+640, 1.00% Floor		09/21/26		$		29,878		$		29,684		$	29,129		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+640, 1.00% Floor		09/21/26				1,267				1,258			1,235		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor		09/21/26				664				658			647		(9)(21)(23)(31)
													31,600			31,011
Basswood Park CLO Ltd
Basswood Park CLO Ltd 2021-1	Asset Backed Security - CLO Debt			04/20/34				2,000				2,010			1,971		(10)(17)
Celink
Compu-Link Corporation (dba Celink)	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		11/30/29				16,268				15,935			16,136		(9)(30)
Peer Advisors, LLC	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		11/30/29				3,912				3,906			3,880		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		11/30/29				—				(3)			(23)		(8)(9)(21)(23)
													19,838			19,993
Churchill Middle Market CLO Lt
Churchill Middle Market CLO Ltd 2021-1	Asset Backed Security - CLO Debt			10/24/33				4,000				4,000			4,002		(10)(17)

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Definiti LLC
Greylock Holdings LLC	Common Equity - Common Stock	N/A	N/A		100,000 Shares		100			117			(9)(13)
RHI Acquisition LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	03/16/29			5,970		5,836			5,880			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor	03/16/29			1,299		1,258			1,252			(9)(21)(23)(32)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor	03/16/29			—		(13)			(10)			(8)(9)(21)(23)
									7,181			7,239
Fortress Credit BSL Limited
Fortress Credit BSL Limited 2021-3	Asset Backed Security - CLO Debt		07/20/34			3,000		3,000			2,963			(10)(17)
Fortress Credit Opportunities
Fortress Credit Opportunities CLO LLC 2024-25	Asset Backed Security - CLO Debt		01/15/37			4,000		4,000			3,974			(10)(17)
Golden Bear
Golden Bear 2016-R, LLC (4)	Structured Products and Other - Membership Interests	N/A	09/20/42		N/A		14,680			8,854			(3)(17)
Golub Capital Partners CLO, LT
Golub Capital Partners CLO, LTD 2021-55	Asset Backed Security - CLO Debt		07/20/34			2,000		2,016			1,983			(10)(17)
Insight XI Aggregator, L.P.
Insight XI Aggregator, L.P.	First Lien Secured Debt - Term Loan	SOFR+325, 0.00% Floor	08/28/25			2,193		2,193			2,193			(9)(17)(31)
Lending Point
LendingPoint 2018-1 Funding Trust	First Lien Secured Debt - Term Loan	SOFR+100 Cash plus 4.00% PIK, 1.00% Floor	12/31/27			37,524		37,163			37,374			(9)(31)
LendingPoint LLC	First Lien Secured Debt - Term Loan	0.00%	12/30/26			2,685		2,685			2,685			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+300, 1.00% Floor	12/31/27			4,929		4,929			4,929			(9)(21)(23)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	12/31/27			—		—			(3)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+300, 1.00% Floor	12/31/27			2,068		2,068			2,068			(9)(21)(23)(31)
									46,845			47,053
Nexity
Evoriel	First Lien Secured Debt - Term Loan	EURIBOR+525, 0.00% Floor	04/02/31	€		2,283		2,440			2,457			(9)(17)(34)
	First Lien Secured Debt - Delayed Draw	EURIBOR+525, 0.00% Floor	04/02/31	€		391		403			417			(9)(17)(21)(23)(34)
									2,843			2,874
Origami Opportunities Fund III
Origami Opportunities Fund III, L.P.	First Lien Secured Debt - Term Loan	SOFR+625, 2.00% Floor	10/25/27			6,647		6,561			6,548			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 2.00% Floor	10/25/27			390		347			340			(9)(17)(21)(23)(31)
									6,908			6,888
PMA
PMA Parent Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	01/31/31			14,013		13,873			13,873			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	01/31/31			—		(10)			(10)			(8)(9)(21)(23)
									13,863			13,863

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Purchasing Power, LLC
Purchasing Power Funding I, LLC	First Lien Secured Debt - Revolver	SOFR+710, 0.00% Floor		02/26/27				3,220				3,220				3,220			(9)(21)(23)(30)
Renew Financial LLC (f/k/a Renewable Funding, LLC)
AIC SPV Holdings II, LLC	Preferred Equity - Preferred Stock	N/A		N/A			142 Shares				534				194			(13)(15)(17)
Renew Financial LLC (f/k/a Renewable Funding, LLC)	Common Equity - Common Stock	N/A		N/A			1,368,286 Shares				16,813				55			(13)(17)
Renew JV LLC	Common Equity - Membership Interests	N/A		N/A			213,064 Shares				213				374			(13)(17)
													17,560				623
Stretto
Stretto, Inc.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		10/13/28				11,194				11,146				11,194			(9)(31)
US Auto
Auto Pool 2023 Trust (Del. Stat. Trust) (4)	Structured Products and Other - Membership Interests	N/A		02/28/29			N/A				21,785				14,638			(9)(25)
			Total Financial Services		$		214,688		$		184,536
Food Products
Berner Foods
Berner Food & Beverage, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		07/30/27		$		34,214		$		33,862		$		33,701			(9)(31)
	First Lien Secured Debt - Revolver	P+450		07/30/26				807				788				756			(9)(21)(23)(28)
													34,650				34,457
Bolthouse Farms
Wm. Bolthouse Farms, Inc.	Common Equity - Equity Interests	N/A		N/A			1,086,122 Shares				1,147				1,108			(13)
Hive
FCP-Hive Holdings, LLC	Preferred Equity - Preferred Equity	N/A		N/A			589 Shares				448				295			(9)(13)
	Common Equity - Common Stock	N/A		N/A			589 Shares				3				—			(9)(13)
Hive Intermediate, LLC	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		09/22/27				14,126				13,999				14,056			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		09/22/27				843				824				832			(9)(21)(23)(30)
													15,274				15,183
Jacent
Jacent Strategic Merchandising	First Lien Secured Debt - Term Loan	SOFR+585 Cash plus 0.75% PIK, 1.00% Floor		10/23/25				22,192				22,191				22,088			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		10/23/25				1,564				1,561				1,550			(9)(23)(30)
	Common Equity - Common Stock	N/A		N/A			5,000 Shares				500				235			(9)(13)
JSM Equity Investors, L.P.	Preferred Equity - Class P Partnership Units	N/A		N/A			11 Shares				11				1			(9)(13)
													24,263				23,874
Nutpods
Green Grass Foods, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		12/26/29				3,703				3,641				3,694			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		12/26/29				—				(20)				(3)			(8)(9)(21)(23)
Nutpods Holdings, Inc.	Common Equity - Common Stock	N/A		N/A			125 Shares				125				139			(9)(13)
													3,746				3,830

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Patriot Pickle
Patriot Foods Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		12/24/29				247				242				244			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		12/24/29				—				(4)				(5)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		12/24/29				—				(4)				(2)			(8)(9)(21)(23)
													234				237
			Total Food Products		$		79,314		$		78,689
Ground Transportation
Beacon Mobility
Beacon Mobility Corp.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor		12/31/25		$		12,729		$		12,707		$		12,696			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor		12/31/25				23,758				23,810				23,696			(9)(30)
	First Lien Secured Debt - Revolver	P+525		12/31/25				780				765				770			(9)(20)(21)(23)(28)
	First Lien Secured Debt - Revolver	4.10%		12/31/25				—				—				—			(9)(23)
													37,282				37,162
Bird Rides
Blue Jay Transit Inc. (4)	First Lien Secured Debt - Term Loan	SOFR+300 Cash plus 7.00% PIK, 1.00% Floor		03/22/28				20,142				19,896				20,142			(9)(30)
	First Lien Secured Debt - Term Loan	SOFR+300 Cash plus 7.00% PIK, 1.00% Floor		09/30/25				2,525				2,525				2,525			(9)(30)
Third Lane Mobility Inc. (4)	Common Equity - Common Stock	N/A		N/A			5,012,171 Shares				722				714			(9)(13)(24)
	Warrants - Warrants							533				—				14
													23,143				23,395
Boasso
Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.)	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		06/30/28				3,533				3,526				3,525			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		06/30/28				—				—				—			(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor		07/01/26				—				(1)				(1)			(8)(9)(20)(21)(23)
													3,525				3,524
Heniff and Superior
Heniff Holdco, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor		12/03/26				29,055				28,881				28,837			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		12/03/26				3,369				3,362				3,340			(9)(21)(23)(30)
													32,243				32,177
Olympus Terminals
Olympus Terminals Holdco II LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		12/17/30				18,581				18,220				18,224			(9)((31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		12/17/30				—				(66)				(66)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		12/17/30				—				(57)				(56)			(8)(9)(21)(23)
													18,097				18,102
			Total Ground Transportation		$		114,290		$		114,360

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Health Care Equipment & Supplies
Carestream Health
Carestream Health Holdings, Inc.	Common Equity - Common Stock	N/A		N/A			173,887 Shares		$	1,426			$	1,443			(13)(17)(24)
Carestream Health, Inc.	First Lien Secured Debt - Term Loan	SOFR+750, 1.00% Floor		09/30/27				165			151				114			(10)(17)(31)
												1,577				1,557
Cerus
Cerus Corporation	First Lien Secured Debt - Term Loan	SOFR+660, 1.80% Floor		03/01/28				12,000			11,979				12,000			(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.80% Floor		03/01/28				4,500			4,492				4,500			(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.00% Floor		03/01/28				3,000			2,981				3,000			(9)(17)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+385 Cash plus 1.00% PIK, 1.00% Floor		03/01/28				1,097			1,096				1,097			(9)(17)(21)(23)(30)
												20,548				20,597
Compass Health
Roscoe Medical, Inc	First Lien Secured Debt - Term Loan	SOFR+636, 1.00% Floor		04/11/25				7,372			7,291				7,299			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+636, 1.00% Floor		04/11/25				492			483				483			(9)(21)(23)(28)
												7,774				7,782
Dr. Scholl's
DRS Holdings III, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		11/01/28				24,517			24,394				24,394			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		11/01/28				—			(7)				(7)			(8)(9)(21)(23)
												24,387				24,387
Medical Guardian
Medical Guardian, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		04/26/28				30,982			30,776				30,982			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		04/26/28				4,726			4,681				4,726			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		04/26/28				—			(22)				—			(9)(21)(23)
												35,435				35,708
Natus Sensory
Natus Sensory, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		01/07/31				10,680			10,524				10,520			(9)(31)
	First Lien Secured Debt - Term Loan	EURIBOR+525, 0.00% Floor		01/07/31		€		2,569			2,618				2,736			(9)(34)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		01/07/31				—			(20)				(21)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		01/07/31				—			(20)				(21)			(8)(9)(21)(23)
												13,102				13,214
Treace
Treace Medical Concepts, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		04/01/27				14,583			14,547				14,474			(9)(17)(27)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+610, 1.00% Floor		04/01/27				—			(4)				(66)			(8)(9)(17)(23)(27)
	First Lien Secured Debt - Revolver	SOFR+410, 1.00% Floor		04/01/27				400			394				378			(9)(17)(21)(23)(27)(30)
												14,937				14,786
			Total Health Care Equipment & Supplies		$		117,760		$	118,031

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Health Care Providers & Services
Alcami
Alcami Corporation	First Lien Secured Debt - Term Loan	SOFR+710, 1.00% Floor	12/21/28	$	8,034	$	7,843		$	7,853		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+710, 1.00% Floor	12/21/28		591		577			578		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor	12/21/28		82		58			58		(9)(21)(23)(30)
								8,478			8,489
All Star
All Star Recruiting Locums, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	05/01/30		6,904		6,781			6,904		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	05/01/30		—		(15)			-		(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	05/01/30		326		304			326		(9)(21)(23)(30)
								7,070			7,230
Allied Benefit Systems
Allied Benefit Systems Intermediate LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	10/31/30		5,858		5,858			5,858		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	10/31/30		1,074		1,067			1,074		(9)(31)
								6,925			6,932
Cato Research
LS Clinical Services Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+751, 1.00% Floor	12/16/27		15,182		15,024			14,728		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+751, 1.00% Floor	06/16/27		1,641		1,620			1,590		(9)(21)(23)(31)
								16,644			16,318
Celerion
Celerion Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor	11/05/29		11,089		10,889			11,034		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor	11/05/29		—		(26)			(6)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor	11/03/28		—		(12)			(3)		(8)(9)(21)(23)
								10,851			11,025
CNSI
Acentra Holdings, LLC (fka CNSI Holdings, LLC)	First Lien Secured Debt - Term Loan	SOFR+550, 0.50% Floor	12/17/29		17,595		17,141			17,419		(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+575, 0.50% Floor	12/17/29		3,950		3,903			3,930		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 0.50% Floor	12/17/29		533		485			513		(9)(21)(23)(31)
								21,529			21,862
EmpiRx
EmpiRx Health LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor	08/05/27		8,795		8,706			8,795		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor	08/05/27		—		(7)			—		(9)(21)(23)
								8,699			8,795
ExactCare
ExactCare Parent, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	11/05/29		17,852		17,435			17,852		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	11/05/29		—		(42)			—		(9)(21)(23)
								17,393			17,852

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Ingenovis Health
Ingenovis Health, Inc. (CCRR Parent Inc)	First Lien Secured Debt - Term Loan	SOFR+425, 0.75% Floor	03/06/28		2,873		2,620			1,347			(10)(31)
	First Lien Secured Debt - Term Loan	SOFR+425, 0.50% Floor	03/06/28		978		891			458			(10)(31)
								3,511			1,805
KureSmart
Clearway Corporation (f/k/a NP/Clearway Holdings, Inc.)	Common Equity - Common Stock	N/A	N/A	133 Shares		133			306			(9)(13)
Kure Pain Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	08/27/27		25,992		25,900			25,984			(9)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	08/27/27		1,062		1,055			1,061			(9)(21)(23)(30)
								27,088			27,351
LucidHealth
Premier Imaging, LLC	First Lien Secured Debt - Term Loan	SOFR+600 (Inclusive of 6.56% PIK), 1.00% Floor	03/31/26		7,167		7,140			5,895			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+600 (Inclusive of 6.56% PIK), 1.00% Floor	03/31/26		1,937		1,865			1,593			(9)(31)
								9,005			7,488
Maxor National Pharmacy Services, LLC
Maxor Acquisition, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor	03/01/29		9,975		9,880			9,875			(9)
Maxor National Pharmacy Services, LLC	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor	03/01/29		13,152		12,861			13,020			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+700, 1.00% Floor	03/01/29			(30)			(15)			(8)(9)(21)(23)
Maxor Topco, L.P.	Preferred Equity - Preferred Equity	N/A	N/A	50,000 Shares		50			77			(9)(13)
								22,761			22,957
Midwest Vision
Midwest Vision Partners Management, LLC	First Lien Secured Debt - Term Loan	SOFR+450 Cash plus 2.00% PIK, 1.00% Floor	01/12/27		20,911		20,708			20,754			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+450, 1.00% Floor	01/12/27		1,127		1,116			924			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor	01/12/27		612		607			596			(9)(23)(31)
								22,431			22,274
Omega Healthcare
OMH-Healthedge Holdings, Inc.	First Lien Secured Debt - Term Loan	P+500	10/08/29		9,826		9,782			9,826			(9)(28)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	10/08/29		—		(5)			—			(9)(21)(23)
								9,777			9,826
PHS
PHS Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+610 Cash plus 4.50% PIK, 1.00% Floor	01/31/27		26,079		25,910			22,102			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+610 Cash plus 4.50% PIK, 1.00% Floor	01/31/27		1,458		1,435			1,153			(9)(21)(23)(31)
								27,345			23,255

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Rarebreed
Rarebreed Veterinary Partners, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		04/18/30			4,226			4,152			4,163			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		04/18/30			7,324			7,159			7,048			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		04/18/30			—			(16)			(14)			(8)(9)(21)(23)
											11,295			11,197
RHA Health Services
Pace Health Companies, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		08/02/26			1,386			1,381			1,383			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+540, 1.00% Floor		08/02/26			463			461			460			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+540, 1.00% Floor		08/02/26			3,223			3,210			3,206			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+565, 1.00% Floor		08/02/26			195			192			193			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+540, 1.00% Floor		08/02/26			—			(24)			(3)			(8)(9)(20)(21)(23)
											5,220			5,239
Team Select
TS Investors, LLC	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor		05/04/29			9,502			9,353			9,455			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor		05/04/29			110			88			96			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		05/04/29			—			(4)			(1)			(8)(9)(21)(23)
											9,437			9,550
Thomas Scientific
BSP-TS, LP	Preferred Equity - Preferred Equity	N/A		N/A		30 Shares			25			30			(9)(13)(24)
	Common Equity - Common Stock	N/A		N/A		185 Shares			185			34			(9)(13)(24)
Thomas Scientific, LLC	First Lien Secured Debt - Term Loan	SOFR+340 Cash plus 4.25% PIK, 1.00% Floor		12/14/27			31,782			31,440			30,810			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+335 Cash plus 4.25% PIK, 1.00% Floor		12/14/27			2,265			2,237			2,175			(9)(21)(23)(31)
											33,887			33,049
WellDyneRx, LLC
WelldyneRX, LLC	First Lien Secured Debt - Term Loan	SOFR+685, 0.75% Floor		03/09/27			17,535			17,357			17,359			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+685, 0.75% Floor		03/09/26			—			(9)			(10)			(8)(9)(21)(23)
											17,348			17,349
			Total Health Care Providers & Services		$	296,694		$	289,843

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Health Care Technology
Gainwell
Gainwell Acquisition Corp. (Milano Acquisition Corp)	First Lien Secured Debt - Term Loan	SOFR+400, 0.75% Floor		10/01/27		$		16,735		$		15,904		$		15,741			(10)(31)
Inovalon
Inovalon Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+300 Cash plus 2.75% PIK, 0.75% Floor		11/24/28				6,717				6,617				6,365			(31)
	First Lien Secured Debt - Delayed Draw	SOFR+300 Cash plus 2.75% PIK, 0.75% Floor		11/24/28				511				506				488			(31)
	Second Lien Secured Debt - Term Loan	15.35% PIK, 0.75% Floor		11/25/33				159				152				134
													7,275				6,987
TELA Bio, Inc.
TELA Bio, Inc.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor		05/01/27				13,333				13,300				13,333			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor		05/01/27				—				(1)				-			(9)(23)
													13,299				13,333
			Total Health Care Technology		$		36,478		$		36,061
Hotels, Restaurants & Leisure
Cave
Cave Enterprises Operations, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.50% Floor		08/09/28		$		8,529		$		8,411		$		8,529			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.50% Floor		08/09/28				—				(1)				—			(9)(23)
													8,410				8,529
CircusTrix
CircusTrix Holdings LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		07/18/28				985				967				985			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+650, 1.00% Floor		07/18/28				2,382				2,336				2,382			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		07/18/28				1,000				983				1,000			(9)(23)(30)
													4,286				4,367
Guernsey
Guernsey Holdings SDI LA LLC	First Lien Secured Debt - Term Loan	6.95%		11/18/26				1,657				1,651				1,595			(9)
	First Lien Secured Debt - Delayed Draw	SOFR+595, 1.00% Floor		11/18/26				—				(1)				—			(9)(23)
													1,650				1,595
International Cruise & Excursion Gallery, Inc.
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc) (4)	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		12/31/28				4,091				8,913				4,030			(31)
	Common Equity - Membership Interests	N/A		N/A			531,312 Shares				4,740				2,187			(13)(24)
													13,653				6,217
Munson
Munson Buffalo Restaurant Group LLC	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		05/31/29				3,494				3,449				3,459			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 1.00% Floor		05/31/29				5,499				5,432				5,435			(9)(21)(23)(30)
													8,881				8,894

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
PARS Group LLC
PARS Group LLC	First Lien Secured Debt - Term Loan	SOFR+685, 1.50% Floor			04/03/28				8,771				8,687				8,618			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+685, 1.50% Floor			04/03/28				—				(1)				(17)			(8)(9)(23)
														8,686				8,601
Taco Cabana
YTC Enterprises, LLC	First Lien Secured Debt - Term Loan	SOFR+636, 1.00% Floor			08/16/26				8,713				8,678				8,364			(9)(30)
Tasty Chick'n
Tasty Chick'n LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor			05/16/29				11,738				11,585				11,357			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+600, 1.00% Floor			05/16/29				549				541				350			(9)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor			05/16/29				—				(25)				(66)			(8)(9)(23)
														12,101				11,641
The Club Company
Eldrickco Limited	First Lien Secured Debt - Term Loan	SON+578, 0.50% Floor			11/26/26		£		9,001				11,618				11,588			(9)(17)(29)
	First Lien Secured Debt - Delayed Draw	SON+578, 0.50% Floor			11/26/26		£		10,747				13,418				13,835			(9)(17)(29)
	First Lien Secured Debt - Revolver	SON+578, 0.50% Floor			11/26/26		£		356				417				457			(9)(17)(23)(29)
	First Lien Secured Debt - Revolver	SON+528, 0.50% Floor			05/26/26		£		—				(1)				(2)			(8)(9)(17)(21)(23)
														25,452				25,878
Walters Wedding Estates
WH BorrowerCo, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor			08/02/30				14,348				14,149				14,169			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor			08/02/30				2,506				2,397				2,404			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor			08/02/30				583				549				551			(9)(21)(23)(31)
														17,095				17,124
			Total Hotels, Restaurants & Leisure			$		108,892		$		101,210
Household Durables
Polywood
Poly-Wood, LLC	First Lien Secured Debt - Term Loan	SOFR+488, 1.00% Floor			03/20/30		$		2,160		$		2,116		$		2,160			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor			03/20/30				—				(13)				—			(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+488, 1.00% Floor			03/20/30				120				112				120			(9)(21)(23)(31)
			Total Household Durables			$		2,215		$		2,280
Independent Power & Renewable Electricity Producers
Solarplicity Group Limited (f/k/a AMP Solar UK)
Solarplicity UK Holdings Limited	First Lien Secured Debt - Term Loan	4.00%			03/08/23		£		5,562		$		7,231		$		1,914			(11)(14)(17)
	Preferred Equity - Preferred Stock	N/A			N/A			4,286 Shares				5,623				—			(13)(17)
	Common Equity - Ordinary Shares	N/A			N/A			2,825 Shares				4				—			(13)(17)(26)
	Total Independent Power & Renewable Electricity Producers	$		12,858			$		1,914

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Insurance
High Street Insurance
High Street Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		04/14/28		$		10,074		$		9,971		$	10,023		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		04/14/28				19,130				18,955			19,034		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		04/16/27				—				(15)			(11)		(8)(9)(21)(23)
													28,911			29,046
KCF Puerto Rico, LLC
KCF Puerto Rico, LLC	Secured Debt - Promissory Note	N/A		06/28/28				1,697				746			562		(17)
PGM Holdings Corporation
Turbo Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		12/02/25				16,638				16,573			16,430		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 1.00% Floor		12/02/25				2,005				1,995			1,980		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+625, 1.00% Floor		12/02/25				692				690			681		(9)(21)(23)(31)
													19,258			19,091
Spectrum Automotive
Shelby 2021 Holdings Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		06/29/28				14,073				13,956			14,003		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		06/29/28				3,441				3,367			3,421		(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor		06/29/27				—				(2)			(2)		(8)(9)(21)(23)
													17,321			17,422
			Total Insurance		$		66,236		$		66,121
Interactive Media & Services
Securus Technologies Holdings, Inc.
Aventiv Technologies, LLC (fka Securus Technologies Holdings, LLC)	First Lien Secured Debt - Term Loan	SOFR+1000, 1.00% Floor		12/24/25		$		196		$		188		$	196		(31)
	Second Lien Secured Debt - Term Loan	9.05%		11/01/25				8,271				7,703			4,053		(14)
													7,891			4,249
The Weather Company
Zephyr Buyer, L.P.	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		01/31/30				30,738				30,086			30,354		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		01/31/30				—				(80)			(49)		(8)(9)(21)(23)
													30,006			30,305
			Total Interactive Media & Services		$		37,897		$		34,554

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
IT Services
AGDATA
AGDATA Midco, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		07/01/30		$		2,646		$		2,610		$		2,606			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		07/01/30				—				(12)				(27)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor		07/01/30				—				(7)				(8)			(8)(9)(21)(23)
													2,591				2,571
Avenu
ACP Avenu Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		10/02/29				1,234				1,207				1,216			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		10/02/29				2,234				2,156				2,152			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		10/02/29				167				151				156			(9)(21)(23)(31)
													3,514				3,524
Distinct
Distinct Holdings Inc	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		07/18/29				13,176				12,967				12,966			(9)(31)
	First Lien Secured Debt - Revolver	P+475		07/18/29				439				413				412			(9)(21)(23)(28)
													13,380				13,378
GrayMatter Systems
Genius Bidco LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		05/01/30				1,330				1,306				1,307			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		05/01/30				—				(42)				(87)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		05/01/30				155				135				134			(9)(20)(21)(23)(30)
	Common Equity - Common Stock	N/A		N/A			773 Shares				77				66			(9)(13)(24)
													1,476				1,420
New Era Technology, Inc.
New Era Technology, Inc.	First Lien Secured Debt - Term Loan	SOFR+640, 1.00% Floor		10/31/26				13,773				13,696				13,188			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+640, 1.00% Floor		10/31/26				17,811				17,675				17,054			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor		10/30/26				1,732				1,722				1,658			(9)(23)(30)(31)
													33,093				31,900
Team LINX, LLC
TeamLINX Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		12/18/30				8,550				8,426				8,422			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		12/18/30				—				(20)				(21)			(8)(9)(21)(23)
													8,406				8,401
VikingCloud
Bullcave Limited	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		08/06/30				29,326				28,923				28,960			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		08/06/30				2,947				2,873				2,878			(9)(21)(23)(31)
													31,796				31,838
			Total IT Services		$		94,256		$		93,032

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Leisure Products
Dan Dee
Project Comfort Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+710, 1.00% Floor		02/01/26		$		16,387		$		16,357		$		16,312			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor		02/01/26				—				(2)				(7)			(8)(9)(21)(23)
	Preferred Equity - Preferred Equity	N/A		N/A			491,405 Shares				492				275			(9)(13)
													16,847				16,580
KLO Holdings, LLC
1244311 B.C. Ltd. (4)	Common Equity - Common Stock	N/A		N/A			1,000,032 Shares				1,000				209			(13)(17)(24)(26)
LashCo
Lash OpCo, LLC	First Lien Secured Debt - Term Loan	SOFR+700, 1.00% Floor		03/18/26				43,218				43,007				42,297			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+700, 1.00% Floor		03/18/26				2,332				2,325				2,283			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+700, 1.00% Floor		03/18/26				1,695				1,681				1,657			(9)(23)(31)
													47,013				46,237
Paladone
Paladone Group Bidco Limited	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor		11/12/27				5,921				5,857				5,872			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor		11/12/27				927				923				920			(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		11/12/27				471				458				459			(9)(17)(21)(23)(31)
	First Lien Secured Debt - Revolver	SON+550, 1.00% Floor		11/12/27		£		188				248				238			(9)(17)(21)(23)(29)
Paladone Group Holdings Limited	Common Equity - Common Stock	N/A		N/A			94,151 Shares				94				108			(9)(13)(17)
													7,580				7,597
			Total Leisure Products		$		72,440		$		70,623
Life Sciences Tools & Services
Akoya
Akoya Biosciences, Inc.	First Lien Secured Debt - Term Loan	SOFR+691, 2.50% Floor		11/01/27		$		13,125		$		13,142		$		13,093			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+691, 2.50% Floor		11/01/27				9,375				9,360				9,353			(9)(30)
													22,502				22,446
August Bio
August Bioservices, LLC	First Lien Secured Debt - Term Loan	SOFR+595, 2.00% Floor		06/01/29				12,000				11,947				11,850			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+595, 2.00% Floor		06/01/29				3,000				2,987				2,963			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+400, 2.00% Floor		06/01/29							(2)				(6)			(8)(9)(21)(23)
													14,932				14,807
Unchained Labs
Unchained Labs, LLC	First Lien Secured Debt - Term Loan	SOFR+555, 1.00% Floor		08/09/27				1,863				1,846				1,849			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+555, 1.00% Floor		08/09/27				2,206				2,195				2,189			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+555, 1.00% Floor		08/09/27				—				(6)				(5)			(8)(9)(21)(23)
													4,035				4,033
			Total Life Sciences Tools & Services		$		41,469		$		41,286

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Machinery
Carlisle Fluid Technologies
LSF12 Donnelly Bidco, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		10/02/29		$		14,775		$		14,471		$		14,547			(9)(30)
JPW
JPW Industries Holding Corporation	First Lien Secured Debt - Term Loan	SOFR+588, 2.00% Floor		11/22/28				2,456				2,456				2,438			(9)(31)
Milacron (Project Iota)
IOTA HOLDINGS 3	First Lien Secured Debt - Term Loan	SOFR+475, 0.00% Floor		03/31/32				22,675				22,335				22,335			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 0.00% Floor		03/31/32				68				(5)				(5)			(8)(9)(21)(23)(31)
													22,330				22,330
			Total Machinery		$		39,257		$		39,315
Media
Accelerate360 Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		02/11/27		$		3,791		$		3,791		$		3,772			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		02/11/27				1,382				1,382				1,369			(9)(21)(23)(31)
													5,173				5,141
Acosta
Acosta Holdings Corp.	Preferred Equity - Preferred Equity	N/A		N/A			10,213 Shares				473				491			(13)(24)
	Common Equity - Common Stock	N/A		N/A			6,266 Shares				77				80			(13)(24)
													550				571
HALO Branded Solutions
HALO Buyer, Inc	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		08/07/29				8,696				8,526				8,522			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		08/07/29				65				40				39			(9)(23)(28)(30)
													8,566				8,561
Hero Digital
HRO (Hero Digital) Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+210 Cash plus 4.00% PIK, 1.00% Floor		11/18/28				24,232				23,883				23,338			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+210 Cash plus 5.00% PIK, 1.00% Floor		11/18/28				2,079				2,040				2,002			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+210 Cash plus 4.00% PIK, 1.00% Floor		11/18/26				2,571				2,552				2,452			(9)(20)(21)(23)(31)
HRO Holdings I LP	Common Equity - Common Stock	N/A		N/A			213 Shares				213				278			(9)(13)
													28,688				28,070
			Total Media		$		42,977		$		42,343

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Paper & Forest Products
BiOrigin Specialty Products
Complete Paper Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		02/04/31		$		15,000		$		14,779			$		14,775			(9)(31)
			Total Paper & Forest Products		$		14,779		$		14,775
Passenger Airlines
Merx Aviation Finance, LLC
Merx Aviation Finance, LLC (5)	First Lien Secured Debt - Revolver	10.00%		10/31/25		$		59,575		$		59,575			$		59,575			(23)
	Common Equity - Membership Interests	N/A		N/A							146,500					125,582			(13)(24)
			Total Passenger Airlines		$		206,075		$		185,157
Personal Care Products
Elida Beauty
PHOENIX YW BUYER, INC.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		05/31/30		$		7,910		$		7,745			$		7,752			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		05/31/30				—				(22)					(23)			(8)(9)(21)(23)
													7,723					7,729
RoC Skincare
RoC Holdco LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		02/21/31				12,677				12,452					12,487			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		02/21/30				—				(36)					(33)			(8)(9)(21)(23)
													12,416					12,454
Suave
Silk Holdings I Corp.	Common Equity - Common Stock	N/A		N/A			100 Shares				100					210			(9)(13)
Silk Holdings III Corp.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		05/01/29				26,760				26,224					26,559			(9)(30)
													26,324					26,769
			Total Personal Care Products		$		46,463		$		46,952
Pharmaceuticals
Alcresta Therapeutics Inc.
Alcresta Holdings, LP	Preferred Equity - Preferred Equity	N/A		N/A			116 Shares		$		116			$		127			(9)(13)
	Common Equity - Common Stock	N/A		N/A			1,176 Shares				1					36			(9)(13)
Alcresta Therapeutics Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		03/12/30				2,212				2,174					2,190			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		03/12/30				—				(118)					(71)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		03/31/29				—				(7)					(4)			(8)(9)(21)(23)
													2,166					2,278

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Avid Bioservices
Space Finco, Inc.	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		02/05/32				10,638			10,479			10,476			(9)(16)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		02/05/32				—			(84)			(84)			(8)(9)(16)(17)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		02/05/31				—			(48)			(48)			(8)(9)(16)(17)(21)(23)
Space Parent, LP	Preferred Equity - Preferred Equity	N/A		N/A			99,000 Shares			99			99			(9)(13)(17)(24)
	Common Equity - Common Stock	N/A		N/A			1,000 Shares			1			1			(9)(13)(17)(24)
												10,447			10,444
Ora LLC
Orion Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		07/18/30				6,884			6,759			6,712			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		07/18/30				—			(15)			(42)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		07/18/30				280			255			245			(9)(21)(23)(30)
TVG Orion Blocker, Inc.	Common Equity - Common Stock	N/A		N/A			2 Shares			110			86			(9)(13)(24)
	Unsecured Debt - Promissory Note	11.34%		07/18/30				21			21			21			(9)
												7,130			7,022
PAI Pharma
Pai Middle Tier, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		02/13/32				16,500			16,255			16,253			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor		02/13/32				—			(52)			(52)			(8)(9)(21)(23)
PAI Co-Investor FT Aggregator LLC	Common Equity - Common Stock	N/A		N/A			100 Shares			100			100			(9)(13)(24)
												16,303			16,301
Sterling Pharma
Saffron Bidco Ltd	First Lien Secured Debt - Term Loan	SOFR+575, 0.75% Floor		09/11/31				13,467			13,222			13,206			(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SON+575, 0.75% Floor		09/11/31		£		—			(76)			(159)			(8)(9)(17)(21)(23)
												13,146			13,047
TersSera
TerSera Therapeutics LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		04/04/29				16,708			16,342			16,708			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		04/04/29				—			(23)			—			(9)(21)(23)
												16,319			16,708
Trillium
Trillium Health Care Products Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		08/06/31				8,105			7,952			7,963			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		08/06/31				875			709			842			(9)(21)(23)(31)(32)
												8,661			8,805
			Total Pharmaceuticals		$		74,172		$	74,605

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Professional Services
AlpineX
Alpinex Opco, LLC	First Lien Secured Debt - Term Loan	SOFR+626, 1.00% Floor	12/27/27	$		17,263	$		17,037		$		17,252			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+626, 1.00% Floor	12/27/27			4,363			4,316				4,363			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+626, 1.00% Floor	12/27/27			1,102			1,082				1,103			(9)(21)(23)(31)
										22,435				22,718
BDO USA
BDO USA, P.A.	First Lien Secured Debt - Term Loan	SOFR+500, 2.00% Floor	08/31/28			11,820			11,820				11,820			(9)(30)
DCM Services
DCM Parent, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	03/12/31			12,674			12,486				12,484			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	03/12/31			—			(35)				(35)			(8)(9)(21)(23)
										12,451				12,449
Escalent
M&M OPCO, LLC	First Lien Secured Debt - Term Loan	SOFR+810, 1.00% Floor	04/07/29			12,195			11,934				11,982			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+810, 1.00% Floor	04/07/29			—			(5)				(4)			(8)(9)(21)(23)
										11,929				11,978
FingerPaint Marketing
KL Charlie Acquisition Company	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	12/30/26			18,139			18,010				17,958			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor	12/30/26			8,185			8,113				8,037			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	12/30/26					(14)				(20)			(8)(9)(21)(23)
KL Charlie Co-Invest, L.P.	Common Equity - Common Stock	N/A	N/A		218,978 Shares			220				274			(9)(13)
										26,329				26,249
G&A
G&A Partners Holding Company II, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 0.75% Floor	03/01/31			3,215			3,158				3,175			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 0.75% Floor	03/01/31			1,790			1,720				1,710			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor	03/01/30			—			(6)				(4)			(8)(9)(21)(23)
										4,872				4,881
North Highland
The North Highland Company LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	12/22/31			3,057			3,027				3,026			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	12/22/31			—			(5)				(11)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	12/20/30			387			379				379			(9)(21)(23)(31)
										3,401				3,394

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
PSI Services, LLC
Lifelong Learner Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+115 Cash plus 7.75% PIK, 1.00% Floor		03/31/27				4,382				4,332				4,324			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+875, 1.00% Floor		03/31/27				6				—				6			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+115, 1.00% Floor		03/31/27				927				912				914			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+115 Cash plus 7.75% PIK, 1.00% Floor		03/31/27				541				539				532			(9)(23)(31)
													5,783				5,776
Schlesinger Group
Schlesinger Global, LLC	First Lien Secured Debt - Term Loan	SOFR+275 Cash plus 5.85% PIK, 1.00% Floor		07/12/25				12,123				12,152				11,821			(9)(30)
			Total Professional Services		$		111,172		$		111,086
Real Estate Management & Development
Redfin
Redfin Corporation	First Lien Secured Debt - Term Loan	SOFR+575, 1.50% Floor		10/20/28		$		3,448		$		3,380		$		3,448			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.50% Floor		10/20/28				3,465				3,397				3,465			(9)(17)(31)
			Total Real Estate Management & Development		$		6,777		$		6,913
Semiconductors & Semiconductor Equipment
Wolfspeed
Wolfspeed, Inc.	First Lien Secured Debt - Corporate Bond	10.88%		06/23/30		$		11,100		$		10,720		$		11,044			(9)(17)
			Total Semiconductors & Semiconductor Equipment		$		10,720		$		11,044
Software
Acronis AG
ACRONIS AG	First Lien Secured Debt - Term Loan	SOFR+680 Cash plus 1.00% PIK, 1.00% Floor		04/01/27		$		21,216		$		21,182		$		21,216			(9)(17)(30)
	First Lien Secured Debt - Term Loan	SOFR+595 Cash plus 1.00% PIK, 1.00% Floor		04/01/27				6,065				5,993				6,065			(9)(17)(30)
													27,175				27,281
Align
RMCF V CIV L, L.P.	Common Equity - Common Stock	N/A		N/A			241 Shares				500				555			(13)(24)
American Megatrends
AMI Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		10/17/31				13,095				12,906				12,899			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		10/17/31				320				293				292			(9)(21)(23)(32)
													13,199				13,191
Anaplan
Anaplan, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		06/21/29				11,273				11,273				11,245			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor		06/21/28				—				—				(2)			(8)(9)(21)(23)
													11,273				11,243

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
BarTender
Sigma Buyer LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	01/04/28		13,549		13,319			13,448			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	01/04/28		7,255		7,127			7,200			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	01/04/28		700		674			689			(9)(21)(23)(32)
								21,120			21,337
Beeline
IQN Holding Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	05/02/29		3,997		3,997			3,997			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	05/02/28		182		182			182			(9)(21)(23)(31)
								4,179			4,179
Calero Holdings, Inc.
Telesoft Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	12/16/26		21,591		21,493			21,491			(30)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	12/16/26		530		521			520			(21)(23)(30)
								22,014			22,011
ChyronHego Corporation
ChyronHego Corporation (5)	Preferred Equity - Preferred Equity	N/A	N/A	7,800 Shares		6,000			19,040			(13)(24)
ChyronHego US Holding Corporation (5)	First Lien Secured Debt - Term Loan	SOFR+350, 1.75% Floor	06/30/26		106,406		106,196			106,407
	First Lien Secured Debt - Revolver	SOFR+600, 1.75% Floor	06/30/26		7,967		7,953			7,967			(21)(23)(31)
	First Lien Secured Debt - Revolver	3.50%	11/14/25		—		—			—			(23)
								120,149			133,414
Dairy.com
Momentx Corporation	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	06/24/27		14,853		14,726			14,654			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor	06/24/27		1,339		1,323			1,335			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	06/24/27		1,257		1,246			1,240			(9)(23)(31)
								17,295			17,229
Digital.ai
Digital.ai Software Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor	08/10/28		22,872		22,542			22,417			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	08/10/28		—		(33)			(48)			(8)(9)(21)(23)
								22,509			22,369
Forcura + Medalogix (Project Tarpon)
F&M Buyer LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	03/18/32		16,901		16,733			16,732			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	03/18/32		—		(28)			(28)			(8)(9)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	03/18/32		—		(25)			(25)			(8)(9)(21)(23)
								16,680			16,679

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
G2CI
Evergreen IX Borrower 2023, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	09/30/30		7,115		7,115			7,044			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	10/01/29		—		—			(8)			(8)(9)(21)(23)
								7,115			7,036
Apiom, Inc.	First Lien Secured Debt - Term Loan	SOFR+745, 2.00% Floor	05/02/28		2,500		2,486			2,513			(9)(17)(30)
GoHealth
Norvax, LLC	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	06/30/25		539		538			539			(9)(21)(23)(30)
Gtreasury
G Treasury SS LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	06/29/29		250		246			247			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	06/29/29		591		552			565			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	06/29/29		42		38			39			(9)(21)(23)(32)
								836			851
Litify
Litify Holdings Inc.	Common Equity - Common Stock	N/A	N/A	217,892 Shares		107			497			(9)(13)
Litify LLC	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	02/02/29		29,167		28,528			28,802			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	02/02/29		—		(16)			(10)			(8)(9)(21)(23)
								28,619			29,289
Lookout
Lookout, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 3.00% Floor	06/01/29		5,000		4,978			5,000			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 3.00% Floor	06/01/29		5,000		4,979			5,000			(9)(30)
								9,957			10,000
MYCOM
Magnate Holding Corp.	First Lien Secured Debt - Term Loan	SOFR+615, 0.50% Floor	12/31/26		18,748		18,753			18,412			(9)(17)(31)
Naviga
Colonnade Parent Inc (fka Naviga Inc.)	First Lien Secured Debt - Term Loan	7.10%	04/27/24		11,200		11,176			8,288			(9)(14)(18)(31)
	First Lien Secured Debt - Delayed Draw	7.10%	04/27/24		1,926		1,909			1,425			(9)(14)(18)(31)
	First Lien Secured Debt - Revolver	7.10%	04/27/24		500		500			370			(9)(14)(18)(23)(28)(31)
								13,585			10,083
New Relic
Crewline Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor	11/08/30		5,623		5,574			5,623			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor	11/08/30		—		—			—			(9)(21)(23)
								5,574			5,623
Omada
Omada Health, Inc.	First Lien Secured Debt - Term Loan	SOFR+710, 2.50% Floor	06/01/28		1,450		1,439			1,450			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+710, 2.50% Floor	06/01/28		—		(9)			—			(9)(23)
	First Lien Secured Debt - Revolver	SOFR+410, 2.50% Floor	06/01/28		5		4			5			(9)(21)(23)(30)
								1,434			1,455

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Poppulo, Inc.
Four Winds Interactive LLC	First Lien Secured Debt - Term Loan	SOFR+650, 0.75% Floor	02/20/30		7,561		7,412			7,410			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+650, 0.75% Floor	02/20/30		—		(14)			(15)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+650, 0.75% Floor	02/20/30		—		(19)			(20)			(8)(9)(21)(23)
								7,379			7,375
Riverbed Technology, Inc.
Riverbed Technology, Inc.	First Lien Secured Debt - Revolver	6.00%	04/03/28		—		(5)			(6)			(8)(14)(21)(23)
Simeio
Simeio Group Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+310 Cash plus 4.00% PIK, 1.00% Floor	02/02/26		8,128		8,110			7,539			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+310 Cash plus 4.00% PIK, 1.00% Floor	02/02/26		884		882			820			(9)(23)(30)
								8,992			8,359
Solera
Polaris Newco, LLC	First Lien Secured Debt - Term Loan	SOFR+401, 0.50% Floor	06/02/28		8,129		8,077			7,801			(10)(31)
Solera, LLC	Second Lien Secured Debt - Term Loan	SOFR+910, 1.00% Floor	06/04/29		4,252		4,216			4,124			(10)(31)
								12,293			11,925
SPS Commerce, Inc.
SPS Commerce, Inc.	Common Equity - Common Stock	N/A	N/A	837 Shares		62			111			(10)(13)(17)(24)
Texada
Texada Software LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	04/30/30		6,923		6,799			6,802			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	04/30/30		2,051		2,014			2,015			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	04/30/30		—		(17)			(18)			(8)(9)(21)(23)
								8,796			8,799
Uniguest
Uniguest Holdings, Inc	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	11/27/30		19,792		19,507			19,511			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	11/27/30		—		(28)			(56)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	11/27/30		—		(17)			(17)			(8)(9)(21)(23)
								19,462			19,438
Uplight
Uplight, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 4.00% Floor	06/01/29		10,000		9,912			9,900			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+610, 4.00% Floor	06/01/29		—		—			(100)			(8)(9)(23)
	First Lien Secured Debt - Revolver	SOFR+360, 4.00% Floor	06/01/29		—		—			(10)			(8)(9)(21)(23)
								9,912			9,790
Zafin
Zafin Labs Americas Incorporated	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	02/14/31		16,667		16,421			16,417			(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	02/14/31		—		(49)			(50)			(8)(9)(17)(21)(23)
								16,372			16,367

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Zendesk
Zendesk, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		11/22/28				7,531				7,531				7,513			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor		11/22/28				—				—				(5)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		11/22/28				—				—				(2)			(8)(9)(20)(21)(23)
													7,531				7,506
			Total Software		$		455,784		$		464,953
Specialty Retail
Club Champion
Club Champion LLC	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		06/14/29		$		8,131		$		8,024		$		7,989			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		06/14/29				663				640				631			(9)(21)(23)(30)
													8,664				8,620
EG Group
EG Global Finance PLC	First Lien Secured Debt - Corporate Bond	SOFR+750, 0.50% Floor		11/30/28				6,267				6,427				6,784			(10)(17)(31)
PetSmart
PetSmart Inc / PetSmart Finance Corp	Unsecured Debt - Corporate Bond	7.75%		02/15/29				2,000				1,961				1,843			(10)
PetSmart LLC	First Lien Secured Debt - Term Loan	SOFR+375, 0.75% Floor		02/11/28				8,937				8,914				8,816			(10)(30)
													10,875				10,659
Tailored Brands
The Men's Wearhouse, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 0.00% Floor		02/26/29				1,270				1,268				1,272			(10)(31)
			Total Specialty Retail		$		27,234		$		27,335
Technology Hardware, Storage & Peripherals
Biamp
Biamp	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		04/30/30		$		871		$		856		$		848			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		04/30/30				—				(2)				(3)			(8)(9)(21)(23)
													854				845
BusPatrol
BusPatrol Holdco	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		08/02/29				8,333				8,258				8,270			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+600, 1.00% Floor		08/02/29							(29)				(25)			(8)(9)(23)
	First Lien Secured Debt - Revolver	SOFR+400, 1.00% Floor		08/02/29				300				287				289			(9)(21)(23)(30)
													8,516				8,534
			Total Technology Hardware, Storage & Peripherals		$		9,370		$		9,379

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Textiles, Apparel & Luxury Goods
Iconix Brand Group
IBG Borrower LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		08/22/29		$		5,914		$		5,861		$		5,854			(9)(31)
Sequential Brands Group, Inc.
Gainline Galaxy Holdings LLC	Common Equity - Common Stock	N/A		N/A			3,060 Shares				575				69			(13)(16)(17)
Galaxy Universal LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		05/12/28				16,241				16,230				15,987			(31)
	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		05/12/28				2,480				2,480				2,502			(31)
Swisstech IP CO, LLC	First Lien Secured Debt - Term Loan	6.00% PIK		05/28/25				204				184				204			(17)
													19,469				18,762
			Total Textiles, Apparel & Luxury Goods		$		25,330		$		24,616
Trading Companies & Distributors
Banner Solutions
Banner Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+590 Cash plus 0.50% PIK, 3.75% Floor		05/31/27		$		12,040		$		11,999		$		11,637			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+590 Cash plus 0.50% PIK, 3.75% Floor		05/31/27				—				—				—			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+590 Cash plus 0.50% PIK, 3.75% Floor		05/31/27				2,939				2,925				2,841			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590 Cash plus 0.50% PIK, 3.75% Floor		05/31/27				3				(5)				(62)			(8)(9)(21)(23)(30)
Banner Parent Holdings, Inc.	Common Equity - Common Stock	N/A		N/A			6,125 Shares				613				79			(9)(13)
													15,532				14,495
Meritus Gas Partners
MGP Holdings III Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		03/01/30				14,173				13,944				13,960			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		03/01/30				961				932				921			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		03/01/30				340				327				329			(9)(21)(23)(28)(31)
													15,203				15,210
ORS Nasco
WC ORS Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		08/07/31				25,218				24,862				24,837			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor		08/07/31				2,143				2,110				2,071			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		08/07/31				1,303				1,221				1,231			(9)(21)(23)(30)(31)
WC ORS Holdings, L.P.	Common Equity - Common Stock	N/A		N/A			100,000 Shares				100				108			(9)(13)(24)
													28,293				28,247

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
PSE
Graffiti Buyer, Inc.	First Lien Secured Debt - Term Loan		SOFR+560, 1.00% Floor			08/10/27				10,831					10,711					10,641			(9)(30)(31)
	First Lien Secured Debt - Delayed Draw		SOFR+560, 1.00% Floor			08/10/27				3,661					3,620					3,533			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver		SOFR+560, 1.00% Floor			08/10/27				436					424					413			(9)(21)(23)(30)
Graffiti Parent, LP	Common Equity - Common Stock		N/A			N/A			2,439 Shares					244					235			(9)(13)
																14,999					14,822
				Total Trading Companies & Distributors			$		74,027			$		72,774
Transportation Infrastructure
GAT-Airline Ground Support Inc
GAT-Airline Ground Support Inc	First Lien Secured Debt - Term Loan		SOFR+550, 1.00% Floor			05/09/29		$		15,124			$		14,926			$		15,010			(9)(31)
	First Lien Secured Debt - Delayed Draw		SOFR+550, 1.00% Floor			05/09/29				948					928					931			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver		P+450			05/09/29				238					209					220			(9)(21)(23)(28)
				Total Transportation Infrastructure			$		16,063			$		16,161
Wireless Telecommunication Services
Global Eagle
Anuvu Corp. (fka GEE Acquisition Holdings Corp.)	Common Equity - Common Stock		N/A			N/A			211,026 Shares			$		—			$		—			(13)(24)
Anuvu Holdings 2 LLC (fka GEE Holdings 2 LLC)	First Lien Secured Debt - Term Loan		10.00%			09/27/27				5,048					3,844					4,392			(14)
	First Lien Secured Debt - Term Loan		8.25%			03/23/26				4,921					2,221					1,243			(14)
				Total Wireless Telecommunication Services			$		6,065			$		5,635
Total Investments before Cash Equivalents				$		3,357,777			$		3,188,621			(7)(12)
J.P. Morgan U.S. Government Money Market Fund		N/A		N/A				149			$		149			$		149			(36)
Goldman Sachs Financial Square Government Fund		N/A		N/A				1,704			$		1,704			$		1,704			(36)
Total Investments after Cash Equivalents					$		3,359,630			$		3,190,474

Derivative Instrument · Settlement Date · Notional amount to be purchased · Notional amount to be sold · Footnote Reference
Foreign currency forward contract	6/18/2025	$	2,877	€	2,636	Note 5
Foreign currency forward contract	6/18/2025		6,451	£	4,986	Note 5
Foreign currency forward contract	6/18/2025		1,447	C$	2,062	Note 5

(1)

Fair value is determined in good faith subject to the oversight of the board of directors of the Company (the "Board") (See Note 2 to the consolidated financial statements).

(2)

Par amount is denominated in USD unless otherwise noted, and represents funded commitments. See Note 23 in the Consolidated Schedule of Investments

and Note 8 to the consolidated financial statements for further information on undrawn revolving and delayed draw loan commitments, including

commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies.

(3)

Denotes investments in which the Company owns greater than 25% of the equity, where the governing documents of each entity preclude the Company from exercising a controlling influence over the management or policies of such entity. The Company does not have the right to elect or appoint more than 25% of the directors or another party has the right to elect or appoint more directors than the Company and has the right to appoint certain members of senior management. Therefore, the Company has determined that these entities are not controlled affiliates. As of March 31, 2025, we had a 100% equity ownership interest in Golden Bear 2016-R, LLC, a collateralized loan obligation.

(4)

Denotes investments in which we are an “Affiliated Person,” as defined in the Investment Company Act of 1940, as amended (the "1940 Act"), due to holding the power to vote or owning 5% or more of the outstanding voting securities of the investment but not controlling the company. Fair value as of December 31, 2024 and March 31, 2025 along with transactions during the three months ended March 31, 2025 in these affiliated investments are as follows:

Name of Issuer · Fair Value at December 31, 2024 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at March 31, 2025 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
1244311 B.C. Ltd.,Common Stock	$	202	$	—	$	—	$	7	$	209	$	—	$	—
Carbonfree Chemicals Holdings LLC,Common Equity / Interest		18,933		—		—		(109)		18,824		—		—
FC2 LLC,Common Stock		—		—		—		—		—		—		—
FC2 LLC,Term Loan		12,459		—		—		4		12,463		—		200
Golden Bear 2016-R, LLC,Membership Interests		9,736		—		(772)		(110)		8,854		—		236
Surf Opco, LLC,Class A-1 Common		—		375		—		(280)		95		—		—
Surf Opco, LLC,Class P-1 Preferred		—		3,405		—		(772)		2,633		—		—
Surf Opco, LLC,Revolver		—		17,927		(1,455)		(91)		16,381		—		360
Surf Opco, LLC,Term Loan		—		9,633		—		(52)		9,581		—		258
Auto Pool 2023 Trust (Del. Stat. Trust) ,Membership Interests		16,366		—		(1,407)		(321)		14,638		—		—
Blue Jay Transit Inc.,Term Loan		19,940		2,745		—		(18)		22,668		—		653
Blue Jay Transit Inc.,Unfunded Delayed Draw		—		—		—		—		—		—		—
Bird Scooter Acquisition Corp.,Common Stock		373		—		(373)		—		—		—		—
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc),Membership Interests		2,144		—		(1)		45		2,187		—		—
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc),Term Loan		4,183		—		(154)		189		4,030		(188)		113
Third Lane Mobility Inc.,Common Stock		—		728		—		(14)		714		—		—
Third Lane Mobility Inc.,Warrants		—		—		—		14		14		—		—
	$	84,334	$	34,813	$	(4,162)	$	(1,509)	$	113,290	$	(188)	$	1,820

Gross additions include increases in the basis of investments resulting from new portfolio investments, payment-in-kind interest or dividends, the accretion of discounts, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category.

Gross reductions include decreases in the basis of investments resulting from principal collections related to investment repayments or sales, the amortization of premiums, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category.

(5)

Denotes investments in which we are deemed to exercise a controlling influence over the management or policies of a company, as defined in the 1940 Act, due to beneficially owning, either directly or through one or more controlled companies, more than 25% of the outstanding voting securities of the investment. Fair value as of December 31, 2024 and March 31, 2025 along with transactions during the three months ended March 31, 2025 in these controlled investments are as follows:

Name of Issuer · Fair Value at December 31, 2024 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at March 31, 2025 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
Majority Owned Company
ChyronHego US Holding Corporation	$	15,500	$	3,870	$	(11,400)	$	(3)	$	7,967	$	—	$	531
ChyronHego US Holding Corporation		106,406		—		—		—		106,406		—		2,082
ChyronHego US Holding Corporation		—		—		—		—		—		—		—
ChyronHego Corporation		19,456		—		—		(416)		19,040		—		—
Merx Aviation Finance, LLC		123,815		—		—		1,767		125,582		—		—
Merx Aviation Finance, LLC		59,576		0		—		(0)		59,575		—		1,469
	$	324,753	$	3,870	$	(11,400)	$	1,348	$	318,571	$	—	$	4,082

As of March 31, 2025, the Company had a 87% and 100% equity ownership interest in ChyronHego Corporation and Merx Aviation Finance, LLC, respectively.

(6)

Unless otherwise indicated, loan contains a variable rate structure, and the terms in the Consolidated Schedule of Investments disclose the actual interest rate in effect as of the reporting period which may be subject to interest floors. Variable rate loans bear interest at a rate that may be determined by reference to the Secured Overnight Financing Rate (“SOFR” or “S”) or an alternate base rate (which can include but is not limited to the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement. Certain borrowers may elect to borrow Prime rate on select contracts and switch to an alternative base rate contract in the future.

(7)

Substantially all securities are pledged as collateral to the Company's credit facilities (see Note 6 to the consolidated financial statements). For investments that are pledged to the Company's credit facilities, a single investment may be divided into parts that are individually pledged as collateral to separate credit facilities. As such, these securities are not available as collateral to our general creditors.

(8)

The negative fair value is the result of the commitment being valued below par.

(9)

These are co-investments made with the Company’s affiliates in accordance with the terms of the exemptive order the Company received from the Securities and Exchange Commission (the “SEC”) permitting us to do so. (See Note 3 to the consolidated financial statements for discussion of the exemptive order from the SEC.)

(10)

Other than the investments noted by this footnote, the fair value of the Company’s investments is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 2 to the consolidated financial statements for more information regarding ASC 820, Fair Value Measurements (“ASC 820”).

(11)

The investments have a maturity date prior to the end of the current period. Additional proceeds are expected from Solarplicity Group after the resolution of bankruptcy proceedings, or other corporate actions, at each respective issuer.

(12)

Aggregate gross unrealized gain and loss for federal income taxpurposes is $37,880 and $252,716, respectively. Net unrealized loss is $214,836 based on a tax cost of $3,272,353.

(13)

Non-income producing security.

(14)

Non-accrual status (See Note 2 to the consolidated financial statements).

(15)

The underlying investments of AIC SPV Holdings II, LLC is a securitization in which the Company owns preferred shares representing 14.25% economic interest.

(16)

AIC SB Holdings LLC, AIC SHD Holdings, AP Surf Investments, LLC, and MFIC Alpha SPV LLC are wholly-owned special purpose vehicles which only hold investments of the underlying portfolio companies and have no other significant assets or liabilities. AIC SB Holdings LLC holds equity investments in Gainline Galaxy Holdings LLC. AP Surf Investments, LLC holds equity investments in Surf Opco, LLC. AIC SHD Holdings LLC holds equity investments in both Carbonfree Chemicals Holdings, LLC and Carbonfree Chemicals SA, LLC. MFIC Alpha SPV LLC holds investments in Avid Bioservices.

(17)

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. As of March 31, 2025, non-qualifying assets represented approximately 8.5% of the total assets of the Company.

(18)

The maturity date for these investments is expected to be extended past March 31, 2025. The final terms of the extension are still under negotiation between the Company and the respective portfolio company.

(19)

In addition to the interest earned based on the stated rate of this loan, the Company may be entitled to receive additional interest as a result of its arrangement with other lenders in a syndication.

(20)

As of March 31, 2025, there were letters of credit issued and outstanding through the Company under this first lien senior secured revolving loan.

(21)

The undrawn portion of these committed revolvers and delayed draw term loans includes a commitment and unused fee rate.

(22)

A letter of credit associated with this investment has been issued through the Company’s Senior Secured Facility. In the event of draw of funds the related funding would be pro-rated for all existing lenders in the investment.

(23)

As of March 31, 2025, the Company had the following commitments to fund various revolving and delayed draw senior secured and subordinated loans, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. Such commitments are subject to the satisfaction of certain conditions set forth in the documents governing these loans and letters of credit and there can be no assurance that such conditions will be satisfied. See Note 8 to the consolidated financial statements for further information on revolving and delayed draw loan commitments, including commitments to issue letters of credit, related to certain portfolio companies.

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
ACP Avenu Buyer, LLC	$	3,999	$	167	$	—	$	3,832
AGDATA Midco, LLC		2,334		—		—		2,334
AMI Buyer, Inc.		1,905		320		—		1,585
Accelerate360 Holdings, LLC		2,544		1,382		—		1,162
Accelevation LLC		5,769		286		—		5,483
Acentra Holdings, LLC (fka CNSI Holdings, LLC)		2,000		533		—		1,467
Alcami Corporation		1,096		82		—		1,014
Alcresta Therapeutics Inc.		7,529		—		—		7,529
All Star Recruiting Locums, LLC		3,043		326		—		2,717
Alpinex Opco, LLC		1,489		1,102		—		387
American Restoration Holdings, LLC		11,542		713		—		10,829
Anaplan, Inc.		699		—		—		699
Aspen Aerogels, Inc.		100		37		—		63
Athlete Buyer, LLC		5,407		3,201		214		1,992
August Bioservices, LLC		500		—		—		500
Banner Buyer, LLC		1,935		3		—		1,932
Beacon Mobility Corp.		59,145		780		4,942		53,423
Berner Food & Beverage, LLC		2,881		807		—		2,074
Biamp		120		—		4		116
Bingo Group Buyer, Inc.		2,973		25		—		2,948
Bullcave Limited		5,526		2,947		—		2,579
BusPatrol Holdco		4,833		300		—		4,533
CI (MG) GROUP, LLC		11,027		—		—		11,027
CRS Holdings, Inc.		8,000		—		125		7,875
CSC Holdings, LLC		100		81		—		19
Camin Cargo Control Holdings, Inc.		4,000		763		—		3,237
Cave Enterprises Operations, LLC		1,333		—		—		1,333
Celerion Buyer, Inc.		1,918		—		—		1,918
Cerus Corporation		5,000		1,097		—		3,903
Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.)		396		—		117		279
ChyronHego US Holding Corporation		22,633		7,967		1,633		13,033
CircusTrix Holdings LLC		1,600		1,000		—		600
Club Car Wash Operating, LLC		5,875		1,625		—		4,250
Club Champion LLC		1,807		663		—		1,144
Colonnade Parent Inc (fka Naviga Inc.)		500		500		—		—
Cool Buyer, Inc.		6,667		909		240		5,518
Coretrust Purchasing Group LLC (HPG Enterprises LLC)		1,805		—		—		1,805
Crewline Buyer, Inc.		377		—		—		377
DCM Parent, LLC		2,326		—		—		2,326
DRS Holdings III, Inc.		1,483		—		—		1,483
Digital.ai Software Holdings, Inc.		2,419		—		—		2,419
Distinct Holdings Inc		1,758		439		—		1,319
Eagle Purchaser, Inc.		658		658		—		—
Eldrickco Limited*		905		459		—		446
EmpiRx Health LLC		909		—		227		682
Evergreen IX Borrower 2023, LLC		795		—		—		795
Evoriel*		847		—		—		847
ExactCare Parent, Inc.		1,967		—		—		1,967

Name of Issuer	Total Commitment	Drawn Commitment	Letters of Credit **	Undrawn Commitment
Excelligence Learning Corporation	2,466	1,356	223	887
F&M Buyer LLC	8,099	—	—	8,099
Four Winds Interactive LLC	2,439	—	5	2,434
G Treasury SS LLC	1,659	42	—	1,617
G&A Partners Holding Company II, LLC	4,966	—	—	4,966
GAT-Airline Ground Support Inc	3,810	238	22	3,550
GI Apple Midco LLC	1,262	317	41	904
GS SEER Group Borrower LLC	786	—	—	786
Gabriel Partners, LLC	665	664	—	1
Gateway US Holdings, Inc.	1,416	—	—	1,416
Generator Buyer, Inc.*	3,360	—	39	3,321
Genius Bidco LLC	6,160	155	77	5,928
Go Car Wash Management Corp.	417	—	—	417
Graffiti Buyer, Inc.	4,973	436	—	4,537
Green Grass Foods, Inc.	1,250	—	—	1,250
Guernsey Holdings SDI LA LLC	1,167	—	—	1,167
HALO Buyer, Inc	1,304	65	4	1,235
HEF Safety Ultimate Holdings, LLC	7,500	710	—	6,790
HRO (Hero Digital) Holdings, LLC	2,605	2,571	31	3
Health Management Associates Superholdings, Inc.	484	121	5	358
Heniff Holdco, LLC	3,925	3,369	164	392
Heritage Environmental Services, Inc.	242	—	4	238
High Street Buyer, Inc.	2,203	—	—	2,203
Hive Intermediate, LLC	2,326	843	—	1,483
HomeRenew Buyer, Inc.	2,233	2,233	—	—
IOTA HOLDINGS 3	4,825	68	—	4,757
IQN Holding Corp.	321	182	—	139
IW Buyer LLC	393	—	9	384
Ironhorse Purchaser, LLC	1,932	72	15	1,845
JF Acquisition, LLC	1,569	879	—	690
Jacent Strategic Merchandising	3,500	1,564	—	1,936
KL Charlie Acquisition Company	8,612	—	—	8,612
Kauffman Intermediate, LLC	1,286	1,278	—	8
Kure Pain Holdings, Inc.	2,654	1,062	—	1,592
LS Clinical Services Holdings, Inc.	1,875	1,641	—	234
Lash OpCo, LLC	1,695	1,695	—	—
LendingPoint LLC	17,079	2,068	—	15,011
Lifelong Learner Holdings, LLC	597	541	—	56
Litify LLC	833	—	—	833
Lotus Topco Inc.	2,059	—	—	2,059
Lunar Buyer, LLC	10,909	1,455	—	9,454
M&M OPCO, LLC	238	—	—	238
MGP Holdings III Corp.	2,435	340	—	2,095
Marlin DTC-LS Midco 2, LLC	685	—	—	685
Maxor National Pharmacy Services, LLC	1,530	—	—	1,530
Medical Guardian, LLC	3,810	—	—	3,810
Megavolt Borrower, LLC	833	200	—	633
Merx Aviation Finance, LLC	59,575	59,575	—	—
Midwest Vision Partners Management, LLC	612	612	—	—
Mobile Communications America, Inc.	7,511	—	—	7,511
Momentx Corporation	1,257	1,257	—	—
Munson Buffalo Restaurant Group LLC	947	—	—	947
NCP-MSI Buyer	4,167	689	—	3,478
NPPI Buyer, LLC	7,895	474	—	7,421
Natus Sensory, Inc.	4,150	—	—	4,150

Name of Issuer	Total Commitment	Drawn Commitment	Letters of Credit **	Undrawn Commitment
New Era Technology, Inc.	1,732	1,732	—	—
Norvax, LLC	1,591	539	—	1,052
OMH-Healthedge Holdings, Inc.	1,075	—	—	1,075
Olympus Terminals Holdco II LLC	6,373	—	1,632	4,741
Omada Health, Inc.	1,550	5	—	1,545
Origami Opportunities Fund III, L.P.	2,943	—	—	2,943
Orion Buyer, LLC	3,081	280	—	2,801
PARS Group LLC	952	—	—	952
PHOENIX YW BUYER, INC.	1,136	—	—	1,136
PHS Buyer, Inc.	2,000	1,458	—	542
PMA Parent Holdings, LLC	987	—	—	987
Pace Health Companies, LLC	1,399	—	118	1,281
Pai Middle Tier, LLC	3,500	—	—	3,500
Paladone Group Bidco Limited	1,412	471	—	941
Paladone Group Bidco Limited*	456	243	—	213
Patriot Foods Buyer, Inc.	750	—	—	750
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	6,365	1,040	—	5,325
Pavement Preservation Acquisition, LLC	1,293	—	—	1,293
Peer Advisors, LLC	2,883	—	—	2,883
Poly-Wood, LLC	818	120	—	698
Precision Refrigeration & Air Conditioning LLC	2,273	1,932	—	341
Pro-Vigil Holding Company, LLC	1,553	—	—	1,553
Project Comfort Buyer, Inc.	1,731	—	—	1,731
Protein For Pets Opco, LLC	896	—	—	896
Purchasing Power Funding I, LLC	9,113	3,220	—	5,893
R.F. Fager Company, LLC	2,063	16	—	2,047
RHI Acquisition LLC	2,495	—	—	2,495
Rarebreed Veterinary Partners, Inc.	12,045	—	5	12,040
Regis Corporation	4,167	721	833	2,613
Riverbed Technology, Inc.	160	—	—	160
RoC Holdco LLC	2,195	—	—	2,195
Ronnoco Holdings, Inc.	2,172	—	—	2,172
Roscoe Medical, Inc	492	492	—	—
SEV Intermediate Holdco, LLC	1,667	467	—	1,200
Saffron Bidco Ltd*	7,945	—	—	7,945
Shelby 2021 Holdings Corp.	896	—	—	896
Sigma Buyer LLC	1,500	700	—	800
Simeio Group Holdings, Inc.	884	884	—	—
Smith Topco, Inc.	1,128	—	—	1,128
Space Finco, Inc.	14,362	—	—	14,362
Sperry Acquisition, LLC	3,077	—	—	3,077
Surf Opco, LLC	23,333	16,472	667	6,194
TCW Midco LLC	3,833	—	—	3,833
TELA Bio, Inc.	3,333	—	—	3,333
THLP CO. LLC	4,494	2,480	213	1,801
TS Investors, LLC	2,796	—	—	2,796
Tasty Chick'n LLC	7,614	—	—	7,614
TeamLINX Buyer, LLC	1,429	—	—	1,429
Telesoft Holdings, LLC	2,273	530	—	1,743
TerSera Therapeutics LLC	1,395	—	—	1,395
Texada Software LLC	1,026	—	—	1,026
The North Highland Company LLC	1,935	387	—	1,548
Thomas Scientific, LLC	3,006	2,265	296	445
Traffic Management Solutions, LLC	1,583	—	—	1,583
Treace Medical Concepts, Inc.	11,750	400	—	11,350

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
Trench Plate Rental Co.		1,818		1,645		125		48
Trillium Health Care Products Inc.		1,875		875		—		1,000
Truck-Lite Co., LLC		363		18		6		339
Turbo Buyer, Inc.		923		692		—		231
US MetalCo Holdings LLC		1,320		—		—		1,320
USLS Acquisition, Inc.		2,979		844		73		2,062
Ultra Clean Holdco LLC		6,964		—		—		6,964
Unchained Labs, LLC		726		—		—		726
Uniguest Holdings, Inc		5,159		—		—		5,159
Uplight, Inc.		1,000		—		—		1,000
Village Pet Care, LLC		5,050		803		—		4,247
Vixxo Corporation		1,250		—		—		1,250
Vybond Buyer, LLC		7,666		—		—		7,666
WC ORS Buyer, Inc.		7,512		1,303		—		6,209
WH BorrowerCo, LLC		8,145		583		—		7,562
WelldyneRX, LLC		1,923		—		—		1,923
WildBrain Ltd.		1,446		72		—		1,374
Zafin Labs Americas Incorporated		3,333		—		—		3,333
Zendesk, Inc.		2,604		—		4		2,600
Zephyr Buyer, L.P.		3,952		—		—		3,952
Total Commitments	$	688,893	$	161,633	$	12,113	$	515,147

*These investments are in a foreign currency and the total commitment has been converted to USD using the March 31, 2025 exchange rate.

**For all letters of credit issued and outstanding on March 31, 2025,$11,192 expired in 2025, $258 will expire in 2026, $296 will expire in 2027, $214 will expire in 2029 and $169 will expire in 2030.

(24)

Securities that are exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of March 31, 2025, the aggregate fair value of these securities is $172,782 or 12% of the Company's net assets. The acquisition dates of the restricted securities are as follows:

Issuer	Investment Type	Acquisition Date
1244311 B.C. Ltd.	Common Equity - Common Stock	9/30/2020
Acosta Holdings Corp.*	Preferred Equity - Preferred Equity	7/22/2024
Acosta Holdings Corp.*	Common Equity - Common Stock	7/22/2024
Anuvu Corp. (fka GEE Acquisition Holdings Corp.)*	Common Equity - Common Stock	7/22/2024
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc)	Common Equity - Membership Interests	12/31/2024
BSP-TS, LP	Preferred Equity - Preferred Equity	12/23/2024
Carbonfree Chemicals Holdings LLC	Common Equity - Common Equity / Interest	11/1/2019
Carestream Health Holdings, Inc.*	Common Equity - Common Stock	7/22/2024
ChyronHego Corporation	Preferred Equity - Preferred Equity	12/29/2020
Cool Acquisition Holdings, LP	Common Equity - Common Stock	10/31/2024
FC2 LLC	Common Equity - Common Stock	10/14/2022
Genius Bidco LLC	Common Equity - Common Stock	5/1/2024
Merx Aviation Finance, LLC	Common Equity - Membership Interests	9/1/2022
PAI Co-Investor FT Aggregator LLC	Common Equity - Common Stock	2/13/2025
RMCF V CIV L, L.P.	Common Equity - Common Stock	9/5/2024
Ronnoco Holdings, Inc.	Common Equity - Common Stock	3/17/2025
SMC IR Holdings, LLC	Common Equity - Common Stock	12/24/2024
Space Parent, LP	Preferred Equity - Preferred Equity	2/5/2025
Space Parent, LP	Common Equity - Common Stock	2/5/2025
Sperry Parent Holdings, L.P.	Common Equity - Common Stock	2/3/2025
SPS Commerce, Inc.	Common Equity - Common Stock	2/10/2025
Surf Opco, LLC	Common Equity - Membership Interests	3/17/2021
Surf Opco, LLC	Preferred Equity - Class P-1 Preferred	3/17/2021
Third Lane Mobility Inc.	Common Equity - Common Stock	3/22/2024
Third Lane Mobility Inc.	Warrants - Warrants	1/31/2025
TVG Orion Blocker, Inc.	Common Equity - Common Stock	7/18/2024
WC ORS Holdings, L.P.	Common Equity - Common Stock	8/7/2024

*Securities acquired as part of the AFT and AIF mergers on July 22, 2024.

(25)

The Company has approximately 22.5% ownership interest in the Auto Pool 2023. Auto Pool 2023 Trust holds underlying assets that consist of a pool of retail auto loans and residual interests in auto loan trusts. The Company also continues to have an interest in any residual assets from the bankruptcy proceedings related to U.S. Auto Finance.

(26)

Common shares in 1244311 B.C. Ltd. are CAD denominated equity investments. Preferred and ordinary shares in Solarplicity UK Holdings Limited are

GBP denominated equity investments.

(27)

Treace Medical Concepts, Inc. is subject to an interest rate cap. The investment is capped at the lesser of stated interest rate and 3.00% plus the applicable margin.

(28)

The interest rate on these loans is subject to Prime, which as of March 31, 2025 was 7.50%.

(29)

The interest rate on these loans is subject to SONIA, which as of March 31, 2025 was 4.46%.

(30)

The interest rate on these loans is subject to 1 month SOFR, which as of March 31, 2025 was 4.32%.

(31)

The interest rate on these loans is subject to 3 months SOFR, which as of March 31, 2025 was 4.29%.

(32)

The interest rate on these loans is subject to 6 months SOFR, which as of March 31, 2025 was 4.19%.

(33)

The interest rate on these loans is subject to 1 month CORRA, which as of March 31, 2025 was 2.72%.

(34)

The interest rate on these loans is subject to 3 months EURIBOR, which as of March 31, 2025 was 2.34%.

(35)

The interest rate on these loans is subject to 6 months EURIBOR, which as of March 31, 2025 was 2.34%.

(36)

This security is included in the Cash and Cash Equivalents on the Consolidated Statements of Assets and Liabilities.

(37)

The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of March 31, 2025:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total
Non-Controlled / Non-Affiliated Investments
Aerospace & Defense	$	6,790	$	—	$	—	$	—	$	—	$	99	$	—	$	6,889
Air Freight & Logistics		24,190		—		—		—		—		—		—		24,190
Automobile Components		16,536		—		—		—		—		24,206		—		40,742
Beverages		5,217		—		—		—		—		100		—		5,317
Biotechnology		18,001		—		—		—		333		—		389		18,723
Building Products		20,520		—		—		—		—		—		—		20,520
Chemicals		34,191		—		—		—		—		—		—		34,191
Commercial Services & Supplies		115,624		—		2,672		—		—		12,232		576		131,104
Communications Equipment		21,186		2,912		—		—		—		108		—		24,206
Construction & Engineering		145,839		—		—		—		—		300		—		146,139
Consumer Staples Distribution & Retail		38,396		—		—		—		—		169		—		38,565
Containers & Packaging		45,496		—		—		—		—		—		—		45,496
Diversified Consumer Services		179,438		—		—		—		—		732		—		180,170
Diversified Telecommunication Services		1,018		—		1,426		—		—		—		—		2,444
Electric Utilities		4,280		—		—		—		—		—		—		4,280
Electrical Equipment		15,704		—		—		—		—		—		—		15,704
Electronic Equipment, Instruments & Components		27,926		—		—		—		—		—		—		27,926
Energy Equipment & Services		14,488		—		—		—		—		—		—		14,488
Entertainment		13,129		—		—		—		—		—		—		13,129
Financial Services		145,537		—		—		15,026		534		17,126		—		178,223
Food Products		77,080		—		—		—		459		1,775		—		79,314
Ground Transportation		91,147		—		—		—		—		—		—		91,147
Health Care Equipment & Supplies		116,334		—		—		—		—		1,426		—		117,760
Health Care Providers & Services		296,301		—		—		—		75		318		—		296,694
Health Care Technology		36,326		152		—		—		—		—		—		36,478
Hotels, Restaurants & Leisure		95,239		—		—		—		—		—		—		95,239
Household Durables		2,215		—		—		—		—		—		—		2,215
Independent Power & Renewable Electricity Producers		7,231		—		—		—		5,623		4		—		12,858
Insurance		66,236		—		—		—		—		—		—		66,236
Interactive Media & Services		30,194		7,703		—		—		—		—		—		37,897

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total
IT Services	$	94,179	$	—	$	—	$	—	$	—	$	77	$	—	$	94,256
Leisure Products		70,854		—		—		—		492		94		—		71,440
Life Sciences Tools & Services		41,469		—		—		—		—		—		—		41,469
Machinery		39,257		—		—		—		—		—		—		39,257
Media		42,214		—		—		—		473		290		—		42,977
Paper & Forest Products		14,779		—		—		—		—		—		—		14,779
Personal Care Products		46,363		—		—		—		—		100		—		46,463
Pharmaceuticals		73,724		—		21		—		215		212		—		74,172
Professional Services		110,952		—		—		—		—		220		—		111,172
Real Estate Management & Development		6,777		—		—		—		—		—		—		6,777
Semiconductors & Semiconductor Equipment		10,720		—		—		—		—		—		—		10,720
Software		330,750		4,216		—		—		—		669		—		335,635
Specialty Retail		25,273		—		1,961		—		—		—		—		27,234
Technology Hardware, Storage & Peripherals		9,370		—		—		—		—		—		—		9,370
Textiles, Apparel & Luxury Goods		24,755		—		—		—		—		575		—		25,330
Trading Companies & Distributors		73,070		—		—		—		—		957		—		74,027
Transportation Infrastructure		16,063		—		—		—		—		—		—		16,063
Wireless Telecommunication Services		6,065		—		—		—		—		—		—		6,065
Total Non-Controlled / Non-Affiliated Investments	$	2,748,443	$	14,983	$	6,080	$	15,026	$	8,204	$	61,789	$	965	$	2,855,490
Non-Controlled / Affiliated Investments
Chemicals	$	12,500	$	—	$	—	$	—	$	—	$	56,505	$	—	$	69,005
Electronic Equipment, Instruments & Components		31,084		—		—		—		1,713		—		—		32,797
Financial Services		—		—		—		36,465		—		—		—		36,465
Ground Transportation		22,421		—		—		—		—		722		—		23,143
Hotels, Restaurants & Leisure		8,913		—		—		—		—		4,740		—		13,653
Leisure Products		—		—		—		—		—		1,000		—		1,000
Total Non-Controlled / Affiliated Investments	$	74,918	$	—	$	—	$	36,465	$	1,713	$	62,967	$	—	$	176,063
Controlled Investments
Passenger Airlines	$	59,575	$	—	$	—	$	—	$	—	$	146,500	$	—	$	206,075
Software		114,149		—		—		—		6,000		—		—		120,149
Total Controlled Investments	$	173,724	$	—	$	—	$	—	$	6,000	$	146,500	$	—	$	326,224
Total	$	2,997,085	$	14,983	$	6,080	$	51,491	$	15,917	$	271,256	$	965	$	3,357,777

(38)

The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of March 31, 2025:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Non-Controlled / Non-Affiliated Investments
Aerospace & Defense	$	6,788	$	—	$	—	$	—	$	—	$	99	$	—	$	6,887	0.49%
Air Freight & Logistics		24,405		—		—		—		—		—		—		24,405	1.75%
Automobile Components		16,529		—		—		—		—		1,370		—		17,899	1.28%
Beverages		5,215		—		—		—		—		100		—		5,315	0.38%
Biotechnology		18,000		—		—		—		402		172		201		18,775	1.35%
Building Products		20,507		—		—		—		—		—		—		20,507	1.47%
Chemicals		34,422		—		—		—		—		—		—		34,422	2.47%
Commercial Services & Supplies		115,975		—		88		—		—		2,085		—		118,148	8.48%
Communications Equipment		18,990		34		—		—		—		118		—		19,142	1.37%
Construction & Engineering		135,356		—		—		—		—		78		—		135,434	9.72%
Consumer Staples Distribution & Retail		38,156		—		—		—		—		—		—		38,156	2.74%
Containers & Packaging		45,493		—		—		—		—		—		—		45,493	3.27%
Diversified Consumer Services		179,553		—		—		—		—		1,312		—		180,865	12.99%
Diversified Telecommunication Services		1,024		—		1,457		—		—		—		—		2,481	0.18%
Electric Utilities		4,266		—		—		—		—		—		—		4,266	0.31%
Electrical Equipment		15,876		—		—		—		—		—		—		15,876	1.14%
Electronic Equipment, Instruments & Components		27,681		—		—		—		—		—		—		27,681	1.99%
Energy Equipment & Services		14,170		—		—		—		—		—		—		14,170	1.02%
Entertainment		13,139		—		—		—		—		—		—		13,139	0.94%
Financial Services		145,411		—		—		14,893		194		546		—		161,044	11.56%
Food Products		76,911		—		—		—		296		1,482		—		78,689	5.65%
Ground Transportation		90,965		—		—		—		—		—		—		90,965	6.53%
Health Care Equipment & Supplies		116,588		—		—		—		—		1,443		—		118,031	8.47%
Health Care Providers & Services		289,396		—		—		—		107		340		—		289,843	20.80%

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Health Care Technology	$	35,927	$	134	$	—	$	—	$	—	$	—	$	—	$	36,061	2.59%
Hotels, Restaurants & Leisure		94,993		—		—		—		—		—		—		94,993	6.82%
Household Durables		2,280		—		—		—		—		—		—		2,280	0.16%
Independent Power & Renewable Electricity Producers		1,914		—		—		—		—		—		—		1,914	0.14%
Insurance		66,121		—		—		—		—		—		—		66,121	4.75%
Interactive Media & Services		30,501		4,053		—		—		—		—		—		34,554	2.48%
IT Services		92,966		—		—		—		—		66		—		93,032	6.68%
Leisure Products		70,031		—		—		—		275		108		—		70,414	5.05%
Life Sciences Tools & Services		41,286		—		—		—		—		—		—		41,286	2.96%
Machinery		39,315		—		—		—		—		—		—		39,315	2.82%
Media		41,494		—		—		—		491		358		—		42,343	3.04%
Paper & Forest Products		14,775		—		—		—		—		—		—		14,775	1.06%
Personal Care Products		46,742		—		—		—		—		210		—		46,952	3.37%
Pharmaceuticals		74,135		—		21		—		226		223		—		74,605	5.35%
Professional Services		110,812		—		—		—		—		274		—		111,086	7.98%
Real Estate Management & Development		6,913		—		—		—		—		—		—		6,913	0.50%
Semiconductors & Semiconductor Equipment		11,044		—		—		—		—		—		—		11,044	0.79%
Software		326,252		4,124		—		—		—		1,163		—		331,539	23.80%
Specialty Retail		25,492		—		1,843		—		—		—		—		27,335	1.96%
Technology Hardware, Storage & Peripherals		9,379		—		—		—		—		—		—		9,379	0.67%
Textiles, Apparel & Luxury Goods		24,547		—		—		—		—		69		—		24,616	1.77%
Trading Companies & Distributors		72,352		—		—		—		—		422		—		72,774	5.22%
Transportation Infrastructure		16,161		—		—		—		—		—		—		16,161	1.16%
Wireless Telecommunication Services		5,635		—		—		—		—		—		—		5,635	0.40%
Total Non-Controlled / Non-Affiliated Investments	$	2,715,883	$	8,345	$	3,409	$	14,893	$	1,991	$	12,038	$	201	$	2,756,760	197.86%
% of Net Assets		194.93%		0.60%		0.24%		1.07%		0.14%		0.87%		0.02%		197.86%

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Non-Controlled / Affiliated Investments
Chemicals	$	12,463	$	—	$	—	$	—	$	—	$	18,824	$	—	$	31,287	2.24%
Electronic Equipment, Instruments & Components		25,962		—		—		—		2,633		95		—		28,690	2.05%
Financial Services		—		—		—		23,492		—		—		—		23,492	1.69%
Ground Transportation		22,667		—		—		—		—		714		14		23,395	1.68%
Hotels, Restaurants & Leisure		4,030		—		—		—		—		2,187		—		6,217	0.45%
Leisure Products		—		—		—		—		—		209		—		209	0.02%
Total Non-Controlled / Affiliated Investments	$	65,122	$	—	$	—	$	23,492	$	2,633	$	22,029	$	14	$	113,290	8.13%
% of Net Assets		4.67%		0.00%		0.00%		1.69%		0.19%		1.58%		0.00%		8.13%
Controlled Investments
Passenger Airlines	$	59,575	$	—	$	—	$	—	$	—	$	125,582	$	—	$	185,157	13.29%
Software		114,374		—		—		—		19,040		—		—		133,414	9.58%
Total Controlled Investments	$	173,949	$	—	$	—	$	—	$	19,040	$	125,582	$	—	$	318,571	22.87%
% of Net Assets		12.49%		0.00%		0.00%		0.00%		1.37%		9.01%		0.00%		22.87%
Total	$	2,954,954	$	8,345	$	3,409	$	38,385	$	23,664	$	159,649	$	215	$	3,188,621	228.87%
% of Net Assets		212.09%		0.60%		0.24%		2.76%		1.70%		11.46%		0.02%		228.87%

Industry Classification	Percentage of Total Investments (at Fair Value) as of March 31, 2025
Software	14.6%
Health Care Providers & Services	9.0%
Passenger Airlines	5.8%
Financial Services	5.7%
Diversified Consumer Services	5.7%
Construction & Engineering	4.2%
Commercial Services & Supplies	3.7%
Health Care Equipment & Supplies	3.7%
Ground Transportation	3.6%
Professional Services	3.5%
Hotels, Restaurants & Leisure	3.2%
IT Services	2.9%
Food Products	2.5%
Pharmaceuticals	2.3%
Trading Companies & Distributors	2.3%
Leisure Products	2.2%
Insurance	2.1%
Chemicals	2.1%
Electronic Equipment, Instruments & Components	1.8%
Personal Care Products	1.5%
Containers & Packaging	1.4%
Media	1.3%
Life Sciences Tools & Services	1.3%
Machinery	1.2%
Consumer Staples Distribution & Retail	1.2%
Health Care Technology	1.1%
Interactive Media & Services	1.1%
Specialty Retail	0.9%
Textiles, Apparel & Luxury Goods	0.8%
Air Freight & Logistics	0.8%
Building Products	0.6%
Communications Equipment	0.6%
Biotechnology	0.6%
Automobile Components	0.6%
Transportation Infrastructure	0.5%
Electrical Equipment	0.5%
Paper & Forest Products	0.5%
Energy Equipment & Services	0.4%
Entertainment	0.4%
Semiconductors & Semiconductor Equipment	0.3%
Technology Hardware, Storage & Peripherals	0.3%
Real Estate Management & Development	0.2%
Aerospace & Defense	0.2%
Wireless Telecommunication Services	0.2%
Beverages	0.2%
Electric Utilities	0.1%
Diversified Telecommunication Services	0.1%
Household Durables	0.1%
Independent Power & Renewable Electricity Producers	0.1%
Total Investments	100.0%

The Company has transitioned its industry classification from the Moody’s Industries System to the Global Industry Classification System or GICS effective for the period ending March 31, 2025.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.