Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)
26 Diciembre 2024 - 11:11AM
Edgar (US Regulatory)
Portfolio
of
Investments
October
31,
2024
JQC
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
161.6%
(98.5%
of
Total
Investments)
ASSET-BACKED
SECURITIES
-
8.3%
(5.0%
of
Total
Investments)
–
$
4,500,000
(a),(b)
AIMCO
CLO
10
Ltd,
(TSFR3M
+
4.250%),
2019
10A
8
.882
%
07/22/37
$
4,540,482
2,250,000
(a),(b)
Carlyle
US
CLO
2022-4
Ltd,
(TSFR3M
+
3.100%),
2022
4A
7
.726
07/25/36
2,279,111
963,000
(a),(b)
Carlyle
US
CLO
2022-4
Ltd,
(TSFR3M
+
6.750%),
2022
4A
11
.376
07/25/36
977,130
1,000,000
(a),(b)
CIFC
Funding
2020-I
Ltd,
(TSFR3M
+
6.512%),
2020
1A
11
.168
07/15/36
1,006,949
2,500,000
(a),(b)
CIFC
Funding
2021-I
Ltd,
(TSFR3M
+
6.000%),
2021
1A
10
.626
07/25/37
2,539,073
1,250,000
(a),(b)
CIFC
Funding
2021-IV
Ltd,
(TSFR3M
+
6.200%),
2021
4A
11
.373
07/23/37
1,242,840
2,000,000
(a),(b)
Elmwood
CLO
26
Ltd,
(TSFR3M
+
3.600%),
2024
1A
8
.232
04/18/37
2,044,822
6,700,000
(a),(b)
Elmwood
CLO
26
Ltd,
(TSFR3M
+
6.450%),
2024
1A
11
.082
04/18/37
6,917,013
1,000,000
(a),(b)
Invesco
US
CLO
2023-1
Ltd,
(TSFR3M
+
6.900%),
2023
1A
11
.532
04/22/37
1,017,303
4,000,000
(a),(b)
KKR
Clo
32
Ltd,
(TSFR3M
+
5.300%),
2024
32A
9
.956
04/15/37
4,088,700
4,000,000
(a),(b)
KKR
CLO
40
Ltd,
(TSFR3M
+
7.250%),
E
40A
11
.867
10/20/34
4,019,748
5,750,000
(a),(b)
Magnetite
XXXV
Ltd,
(TSFR3M
+
7.250%),
2022
35A
11
.876
10/25/36
5,892,761
5,500,000
(a),(b)
Neuberger
Berman
CLO
Ltd,
(TSFR3M
+
7.625%),
2023
23-53A
12
.260
10/24/32
5,586,246
3,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
24
Ltd,
(TSFR3M
+
7.000%),
2017
24A
11
.617
10/19/38
3,111,039
4,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
55
Ltd,
(TSFR3M
+
6.500%),
2024
55A
11
.132
04/22/38
4,103,756
1,500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
LaSalle
Street
Lending
CLO
II
Ltd,
(TSFR3M
+
7.500%),
2024
2A
12
.117
04/20/38
1,522,657
2,000,000
(a),(b)
OHA
Credit
Partners
XV
Ltd,
(TSFR3M
+
4.500%),
2017
15A
9
.117
04/20/37
2,012,490
2,500,000
(a),(b)
RAD
CLO
24
Ltd,
(TSFR3M
+
6.500%),
2024
24A
11
.117
07/20/37
2,564,210
9,250,000
(a),(b)
Rad
CLO
7
Ltd,
(TSFR3M
+
4.150%),
2020
7A
8
.797
04/17/36
9,284,299
1,500,000
(a),(b)
Sixth
Street
CLO
XXV
Ltd,
(TSFR3M
+
6.000%),
2024
25A
11
.323
07/24/37
1,528,894
TOTAL
ASSET-BACKED
SECURITIES
(Cost
$65,130,988)
66,279,523
SHARES
DESCRIPTION
VALUE
11863035
COMMON
STOCKS
-
1
.5
%
(
0
.9
%
of
Total
Investments)
11863035
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
(0.0%
of
Total
Investments)
196
(c),(d)
Belk
Inc
1,568
14,544
(d)
Jo-Ann
Stores
LLC
8,363
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
9,931
CONSUMER
SERVICES
-
0.5%
(0.3%
of
Total
Investments)
41,905
(d)
Cengage
Learning
Holdings
II
Inc
762,168
3,501,225
(d)
Crown
Finance
US
Inc
3,492,256
TOTAL
CONSUMER
SERVICES
4,254,424
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.1%
(0.0%
of
Total
Investments)
211,860
(c),(d)
Millennium
Health
LLC
21,186
198,883
(c),(d)
Millennium
Health
LLC
1,989
242,758
(d)
Onex
Carestream
Finance
LP
424,826
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
448,001
MATERIALS
-
0.0%
(0.0%
of
Total
Investments)
89
LyondellBasell
Industries
NV,
Class
A
7,730
TOTAL
MATERIALS
7,730
MEDIA
&
ENTERTAINMENT
-
0.6%
(0.4%
of
Total
Investments)
10,159
(d)
Catalina
Marketing
Corp
102
230,354
(d)
Cineworld
Group
PLC
5,125,377
8
(d)
Cumulus
Media
Inc,
Class
A
9
TOTAL
MEDIA
&
ENTERTAINMENT
5,125,488
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
(0.0%
of
Total
Investments)
39,129
(d)
Bright
Bidco
BV
17,804
28,645
(d)
Bright
Bidco
BV
13,033
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
30,837
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
SHARES
DESCRIPTION
VALUE
SOFTWARE
&
SERVICES
-
0.3%
(0.2%
of
Total
Investments)
68,536
(d)
Avaya
Inc
$
354,126
315,947
(d)
Avaya
Inc
1,632,498
TOTAL
SOFTWARE
&
SERVICES
1,986,624
TOTAL
COMMON
STOCKS
(Cost
$31,270,613)
11,863,035
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
306077966
CORPORATE
BONDS
-
38
.4
%
(
23
.4
%
of
Total
Investments)
306077966
AUTOMOBILES
&
COMPONENTS
-
0.7%
(0.5%
of
Total
Investments)
$
2,699,000
(b),(e)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6
.250
%
05/15/26
2,704,414
3,000,000
(e)
Ford
Motor
Credit
Co
LLC
7
.200
06/10/30
3,166,757
TOTAL
AUTOMOBILES
&
COMPONENTS
5,871,171
CAPITAL
GOODS
-
2.9%
(1.7%
of
Total
Investments)
2,000,000
(b)
Chart
Industries
Inc
7
.500
01/01/30
2,080,162
2,000,000
(b)
EMRLD
Borrower
LP
/
Emerald
Co-Issuer
Inc
6
.625
12/15/30
2,034,046
3,500,000
(b)
Husky
Injection
Molding
Systems
Ltd
/
Titan
Co-Borrower
LLC
9
.000
02/15/29
3,601,008
3,000,000
(b)
Miter
Brands
Acquisition
Holdco
Inc
/
MIWD
Borrower
LLC
6
.750
04/01/32
3,051,747
4,000,000
(b),(e)
TK
Elevator
Holdco
GmbH
7
.625
07/15/28
4,018,048
2,963,000
(e)
TransDigm
Inc
4
.625
01/15/29
2,813,744
3,000,000
(b)
TransDigm
Inc
6
.000
01/15/33
2,973,793
2,000,000
(b),(e)
Windsor
Holdings
III
LLC
8
.500
06/15/30
2,104,825
TOTAL
CAPITAL
GOODS
22,677,373
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.8%
(1.1%
of
Total
Investments)
3,000,000
(b)
Allied
Universal
Holdco
LLC
7
.875
02/15/31
3,053,019
1,500,000
(b)
Allied
Universal
Holdco
LLC/Allied
Universal
Finance
Corp/Atlas
Luxco
4
Sarl
4
.625
06/01/28
1,404,466
4,925,000
(b),(e)
Boost
Newco
Borrower
LLC
7
.500
01/15/31
5,192,032
2,500,000
(b),(e)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc
3
.375
08/31/27
2,352,745
2,650,000
(b),(e)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc
6
.250
01/15/28
2,647,184
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
14,649,446
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
1.1%
(0.7%
of
Total
Investments)
3,900,000
(b),(e)
Academy
Ltd
6
.000
11/15/27
3,879,754
3,945,000
(b),(e)
Michaels
Cos
Inc/The
7
.875
05/01/29
2,080,468
1,188,000
(b),(e)
PetSmart
Inc
/
PetSmart
Finance
Corp
4
.750
02/15/28
1,129,358
1,850,000
(b)
Wand
NewCo
3
Inc
7
.625
01/30/32
1,912,176
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
9,001,756
CONSUMER
SERVICES
-
2.3%
(1.4%
of
Total
Investments)
1,193,000
(b),(e)
1011778
BC
ULC
/
New
Red
Finance
Inc
3
.500
02/15/29
1,101,350
6,617,000
(b),(e)
1011778
BC
ULC
/
New
Red
Finance
Inc
4
.000
10/15/30
5,976,142
3,000,000
(b),(e)
Caesars
Entertainment
Inc
6
.500
02/15/32
3,042,345
1,895,000
(b),(e)
Carnival
Holdings
Bermuda
Ltd
10
.375
05/01/28
2,034,307
1,201,000
(b),(e)
Life
Time
Inc
5
.750
01/15/26
1,200,340
5,000,000
(b),(e)
Merlin
Entertainments
Group
US
Holdings
Inc
7
.375
02/15/31
4,902,601
TOTAL
CONSUMER
SERVICES
18,257,085
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
(0.3%
of
Total
Investments)
4,000,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
4
.625
01/15/27
3,924,373
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
3,924,373
ENERGY
-
3.3%
(2.0%
of
Total
Investments)
2,451,890
(b)
Borr
IHC
Ltd
/
Borr
Finance
LLC
10
.000
11/15/28
2,507,340
5,000,000
(b),(e)
Citgo
Petroleum
Corp
7
.000
06/15/25
5,001,530
5,000,000
(b),(e)
DT
Midstream
Inc
4
.375
06/15/31
4,599,587
1,000,000
(b)
eG
Global
Finance
PLC
12
.000
11/30/28
1,111,906
2,000,000
(e)
Expand
Energy
Corp
4
.750
02/01/32
1,879,621
3,201,000
(b),(e)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6
.250
11/01/28
3,123,160
1,201,000
(b),(e)
MEG
Energy
Corp
5
.875
02/01/29
1,177,448
1,500,000
(b)
Talos
Production
Inc
9
.000
02/01/29
1,544,897
4,000,000
(b),(e)
Talos
Production
Inc
9
.375
02/01/31
4,118,384
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
(continued)
$
1,500,000
(b),(e)
Weatherford
International
Ltd
8
.625
%
04/30/30
$
1,550,550
TOTAL
ENERGY
26,614,423
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.8%
(0.5%
of
Total
Investments)
5,250,000
(e)
American
Tower
Corp
2
.950
01/15/51
3,386,431
2,000,000
(e)
Crown
Castle
Inc
2
.250
01/15/31
1,694,266
1,000,000
(b)
Uniti
Group
LP
/
Uniti
Group
Finance
2019
Inc
/
CSL
Capital
LLC
10
.500
02/15/28
1,065,169
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
6,145,866
FINANCIAL
SERVICES
-
0.1%
(0.1%
of
Total
Investments)
1,000,000
(b),(e)
LPL
Holdings
Inc
4
.625
11/15/27
980,601
TOTAL
FINANCIAL
SERVICES
980,601
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
3.3%
(2.0%
of
Total
Investments)
6,000,000
(b),(e)
CHS/Community
Health
Systems
Inc
8
.000
12/15/27
5,990,190
3,000,000
(b)
CHS/Community
Health
Systems
Inc
10
.875
01/15/32
3,215,142
1,975,000
(b),(e)
Mozart
Debt
Merger
Sub
Inc
3
.875
04/01/29
1,847,554
5,030,000
(b)
Radiology
Partners
Inc,
(cash
4.275%,
PIK
3.500%)
7
.775
01/31/29
4,954,550
4,117,604
(b)
Team
Health
Holdings
Inc,
(cash
9.000%,
PIK
4.500%)
13
.500
06/30/28
4,637,451
5,500,000
(e)
Tenet
Healthcare
Corp
6
.125
10/01/28
5,494,766
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
26,139,653
INSURANCE
-
1.5%
(0.9%
of
Total
Investments)
2,175,000
(b),(e)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6
.750
04/15/28
2,185,244
625,000
(b),(e)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
4
.250
10/15/27
592,759
6,000,000
(b),(e)
HUB
International
Ltd
7
.250
06/15/30
6,200,538
3,000,000
(b)
Panther
Escrow
Issuer
LLC
7
.125
06/01/31
3,071,641
TOTAL
INSURANCE
12,050,182
MATERIALS
-
3.5%
(2.1%
of
Total
Investments)
3,500,000
(b),(e)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC
4
.000
09/01/29
3,070,119
6,425,000
(e)
Ball
Corp
6
.000
06/15/29
6,525,564
3,000,000
(b)
Clydesdale
Acquisition
Holdings
Inc
6
.875
01/15/30
3,043,695
4,000,000
(b),(e)
Herens
Holdco
Sarl
4
.750
05/15/28
3,495,560
2,000,000
(b),(e)
LABL
Inc
9
.500
11/01/28
2,049,370
5,000,000
(b),(e)
Novelis
Corp
4
.750
01/30/30
4,684,312
5,190,000
(b),(e)
Pactiv
Evergreen
Group
Issuer
Inc/Pactiv
Evergreen
Group
Issuer
LLC
4
.375
09/30/28
4,881,173
TOTAL
MATERIALS
27,749,793
MEDIA
&
ENTERTAINMENT
-
3.5%
(2.2%
of
Total
Investments)
1,500,000
(b)
Advantage
Sales
&
Marketing
Inc
6
.500
11/15/28
1,404,001
7,000,000
(e)
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
3
.500
03/01/42
4,730,890
3,000,000
(b),(e)
Clear
Channel
Outdoor
Holdings
Inc
5
.125
08/15/27
2,908,384
3,220,000
(b)
CSC
Holdings
LLC
5
.500
04/15/27
2,865,885
1,000,000
(b)
DISH
Network
Corp
11
.750
11/15/27
1,052,620
1,517,787
iHeartCommunications
Inc
6
.375
05/01/26
1,284,223
5,299,000
(b),(e)
McGraw-Hill
Education
Inc
5
.750
08/01/28
5,193,255
2,000,000
(b)
Virgin
Media
Secured
Finance
PLC
5
.500
05/15/29
1,891,473
6,006,000
(b),(e)
VZ
Secured
Financing
BV
5
.000
01/15/32
5,391,565
1,305,000
(b),(e)
Ziggo
Bond
Co
BV
6
.000
01/15/27
1,301,974
TOTAL
MEDIA
&
ENTERTAINMENT
28,024,270
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.4%
(0.2%
of
Total
Investments)
2,000,000
(e)
Amgen
Inc
3
.150
02/21/40
1,528,203
1,500,000
(b),(e)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
5
.125
04/30/31
1,368,010
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
2,896,213
SOFTWARE
&
SERVICES
-
1.5%
(0.9%
of
Total
Investments)
1,185,000
(b)
Open
Text
Holdings
Inc
4
.125
12/01/31
1,064,254
3,666,485
(b)
Rackspace
Finance
LLC
3
.500
05/15/28
2,160,199
6,750,000
(b),(e)
Rocket
Software
Inc
9
.000
11/28/28
7,031,516
1,500,000
(b),(e)
SS&C
Technologies
Inc
5
.500
09/30/27
1,494,038
TOTAL
SOFTWARE
&
SERVICES
11,750,007
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
1.0%
(0.6%
of
Total
Investments)
$
6,650,000
(b),(e)
CommScope
LLC
6
.000
%
03/01/26
$
6,491,781
1,975,000
(b),(e)
CommScope
LLC
4
.750
09/01/29
1,688,625
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
8,180,406
TELECOMMUNICATION
SERVICES
-
7.4%
(4.5%
of
Total
Investments)
1,978,000
(b),(e)
Frontier
Communications
Holdings
LLC
6
.000
01/15/30
1,935,695
1,500,000
(b)
Frontier
Communications
Holdings
LLC
8
.625
03/15/31
1,607,717
2,000,000
(e)
Frontier
Communications
Holdings
LLC
5
.875
11/01/29
1,954,124
6,313,000
(b),(e)
Frontier
Communications
Holdings
LLC
5
.875
10/15/27
6,299,474
1,500,000
(b),(e)
Iliad
Holding
SASU
7
.000
10/15/28
1,519,381
1,000,000
(b)
Level
3
Financing
Inc
4
.875
06/15/29
855,000
3,250,000
(b)
Level
3
Financing
Inc
4
.000
04/15/31
2,453,750
13,419,000
(b)
Level
3
Financing
Inc
10
.500
05/15/30
14,677,031
1,000,000
(b)
Lumen
Technologies
Inc
10
.000
10/15/32
996,250
4,000,000
(e)
T-Mobile
USA
Inc
3
.500
04/15/31
3,667,792
5,180,000
(b),(e)
Vmed
O2
UK
Financing
I
PLC
4
.250
01/31/31
4,468,633
10,500,000
(b)
Zayo
Group
Holdings
Inc
4
.000
03/01/27
9,345,093
10,000,000
(b),(e)
Ziggo
BV
4
.875
01/15/30
9,272,347
TOTAL
TELECOMMUNICATION
SERVICES
59,052,287
TRANSPORTATION
-
0.8%
(0.5%
of
Total
Investments)
1,975,000
(e)
Delta
Air
Lines
Inc
3
.750
10/28/29
1,843,281
2,750,000
(b),(e)
Mileage
Plus
Holdings
LLC
/
Mileage
Plus
Intellectual
Property
Assets
Ltd
6
.500
06/20/27
2,777,142
1,623,000
(b),(e)
United
Airlines
Inc
4
.625
04/15/29
1,553,380
TOTAL
TRANSPORTATION
6,173,803
UTILITIES
-
2.0%
(1.2%
of
Total
Investments)
1,940,000
(e)
Pacific
Gas
and
Electric
Co
4
.550
07/01/30
1,883,309
2,000,000
(e)
Pacific
Gas
and
Electric
Co
4
.500
07/01/40
1,733,874
3,000,000
(e)
PG&E
Corp
5
.250
07/01/30
2,923,636
6,318,000
(e)
PG&E
Corp
5
.000
07/01/28
6,162,249
3,000,000
(b)
Talen
Energy
Supply
LLC
8
.625
06/01/30
3,236,190
TOTAL
UTILITIES
15,939,258
TOTAL
CORPORATE
BONDS
(Cost
$295,908,956)
306,077,966
PRINCIPAL
DESCRIPTION
RATE
(f)
MATURITY
(g)
VALUE
905062874
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
113
.4
%
(
69
.2
%
of
Total
Investments)
(f)
905062874
AUTOMOBILES
&
COMPONENTS
-
0.6%
(0.3%
of
Total
Investments)
3,927,245
Clarios
Global
LP,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.185
05/06/30
3,939,871
562,278
DexKo
Global
Inc.,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.615
10/04/28
539,846
TOTAL
AUTOMOBILES
&
COMPONENTS
4,479,717
CAPITAL
GOODS
-
8.5%
(5.2%
of
Total
Investments)
2,756,068
ACProducts,
Inc.,
Term
Loan
B,
(TSFR3M
+
4.250%)
9
.115
05/17/28
2,308,207
4,266,667
Ali
Group
North
America
Corporation,
Term
Loan
B,
(TSFR1M
+
2.000%)
6
.800
10/13/28
4,284,245
1,000,000
Azorra
Soar
TLB
Finance
Ltd,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.132
10/18/29
1,001,250
1,571,338
Centuri
Group,
Inc,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.311
08/28/28
1,574,143
537,300
Chamberlain
Group
Inc,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.185
11/03/28
537,749
5,120,213
Chamberlain
Group
Inc,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.035
10/22/28
5,118,318
1,240,988
Chart
Industries,
Inc.,
Term
Loan
B,
(TSFR3M
+
2.500%)
7
.092
03/18/30
1,244,873
12,394,702
Core
&
Main
LP,
Term
Loan
B,
(TSFR1M
+
2.000%)
6
.718
07/27/28
12,392,099
549,473
Cornerstone
Building
Brands,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.154
04/12/28
540,992
292,326
Dynasty
Acquisition
Co.,
Inc.,
Term
Loan
B1,
(TSFR1M
+
3.500%)
8
.185
08/24/28
292,689
112,718
Dynasty
Acquisition
Co.,
Inc.,
Term
Loan
B2,
(TSFR1M
+
3.500%)
8
.185
08/24/28
112,858
1,955,100
Gates
Global
LLC,
Term
Loan
B5,
(TSFR1M
+
2.250%)
6
.935
05/23/31
1,961,904
1,988,474
Madison
IAQ
LLC,
Term
Loan,
(TSFR6M
+
2.750%)
7
.208
06/21/28
1,990,104
810,000
Madison
Safety
&
Flow
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
7
.968
09/19/31
814,220
1,015,410
Project
Castle,
Inc.,
Term
Loan
B,
(Prime
+
4.500%)
12
.500
06/01/29
931,136
9,104,787
Quikrete
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.185
04/14/31
9,111,934
674,488
Resideo
Funding
Inc.,
Term
Loan
B,
(TSFR1M
+
2.000%)
6
.718
02/14/28
677,861
981,227
Standard
Industries
Inc.,
Term
Loan
B,
(TSFR1M
+
2.000%)
6
.759
09/22/28
984,528
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
CAPITAL
GOODS
(continued)
$
689,273
Titan
Acquisition
Limited,
Term
Loan
B,
(TSFR6M
+
5.000%)
10
.326
%
02/01/29
$
690,913
6,219,729
TK
Elevator
US
Newco
Inc,
Term
Loan
B,
(TSFR6M
+
3.500%)
8
.588
04/15/30
6,243,271
833,000
TransDigm,
Inc.,
Term
Loan,
(Prime
+
1.500%)
7
.320
09/07/32
834,300
7,115,993
TransDigm,
Inc.,
Term
Loan
J,
(TSFR3M
+
2.500%)
7
.104
02/28/31
7,130,723
1,930,400
TransDigm,
Inc.,
Term
Loan
K,
(TSFR3M
+
2.750%)
7
.354
03/22/30
1,936,471
726,120
Victory
Buyer
LLC,
Term
Loan,
(TSFR1M
+
3.750%)
8
.582
11/20/28
699,573
4,718,169
Windsor
Holdings
III,
LLC,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.259
08/01/30
4,748,247
TOTAL
CAPITAL
GOODS
68,162,608
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
6.0%
(3.7%
of
Total
Investments)
5,264,201
Allied
Universal
Holdco
LLC,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.535
05/15/28
5,259,726
1,614,969
Anticimex
International
AB,
Term
Loan
B1,
(TSFR3M
+
3.150%)
8
.480
11/16/28
1,618,264
932,812
Anticimex
International
AB,
Term
Loan
B6,
(TSFR3M
+
3.400%)
8
.730
11/16/28
936,460
169,138
(h),(i)
ArchKey
Holdings
Inc,Term
Loan,
(TBD)
TBD
TBD
168,997
1,465,862
(i)
ArchKey
Holdings
Inc,Term
Loan,
(TBD)
TBD
TBD
1,464,638
624,229
CHG
Healthcare
Services
Inc.,
Term
Loan,
(TSFR1M
+
3.500%)
8
.300
09/29/28
626,248
2,176,934
Covanta
Holding
Corporation,
Term
Loan
B,
(TSFR1M
+
TSFR6M
+
2.500%)
7
.386
11/30/28
2,181,799
167,247
Covanta
Holding
Corporation,
Term
Loan
C,
(TSFR6M
+
2.500%)
7
.588
11/30/28
167,621
3,352,156
Creative
Artists
Agency,
LLC
,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
10/01/31
3,357,133
1,155,253
Dun
&
Bradstreet
Corporation
(The),
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.468
01/18/29
1,158,453
2,049,850
Ensemble
RCM,
LLC,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.585
08/01/29
2,055,241
1,250,000
(i)
First
Advantage
Holdings
LLC,Term
Loan,
(TBD)
TBD
TBD
1,253,125
9,182,012
Garda
World
Security
Corporation,
Term
loan
B,
(TSFR1M
+
3.500%)
8
.286
02/01/29
9,182,012
1,690,000
GFL
Environmental
Inc.,
Term
Loan
B,
(TSFR3M
+
2.000%)
6
.610
06/27/31
1,689,476
3,146,343
LABL,
Inc.,
Term
Loan,
First
Lien,
(TSFR1M
+
5.000%)
9
.785
10/29/28
3,084,219
1,571,062
OMNIA
Partners
LLC,
Term
Loan
B,
(TSFR3M
+
3.250%)
7
.867
07/25/30
1,576,200
1,501,237
Prime
Security
Services
Borrower,
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.107
10/15/30
1,503,152
2,009,807
(j)
Signal
Parent,
Inc,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.285
04/03/28
1,815,217
7,488,063
WIN
Waste
Innovations
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.550
03/27/28
7,151,100
1,730,000
XPLOR
T1
LLC,
Term
Loan
B,
(TSFR3M
+
4.250%)
8
.854
06/13/31
1,742,975
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
47,992,056
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
5.3%
(3.2%
of
Total
Investments)
391,563
Academy,
Ltd.,
Term
Loan,
(TSFR1M
+
3.750%)
8
.709
11/08/27
392,377
2,648,000
Belron
Finance
2019
LLC,
Term
Loan
B,
(Prime
+
1.750%)
9
.750
10/02/31
2,661,240
4,573,064
CNT
Holdings
I
Corp,
Term
Loan,
(TSFR3M
+
3.500%)
8
.085
11/08/27
4,589,069
541,238
Driven
Holdings,
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.800
12/18/28
541,238
1,518,741
EOS
Finco
Sarl,
Term
Loan,
(TSFR6M
+
6.000%)
11
.264
08/03/29
1,171,329
4,230,000
Frontier
Communications
Corp.,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.763
06/21/31
4,264,369
764,296
Gulfside
Supply
Inc,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.784
05/29/31
765,347
1,130,000
Johnstone
Supply
LLC,
Term
Loan,
(TSFR1M
+
3.000%)
7
.851
05/16/31
1,130,000
537,300
Kodiak
Building
Partners
Inc.,
Term
Loan
B2,
(TSFR1M
+
3.750%)
8
.435
03/13/28
539,903
6,453,040
LBM
Acquisition
LLC,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.535
06/06/31
6,369,150
1,055,703
Les
Schwab
Tire
Centers,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
04/16/31
1,058,105
538,650
Mister
Car
Wash
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
03/27/31
539,959
10,898,066
PetSmart,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.535
02/14/28
10,850,387
3,494,939
Restoration
Hardware,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.300
10/15/28
3,376,146
3,211,950
Wand
NewCo
3,
Inc.,
Term
loan
B,
(TSFR1M
+
TSFR3M
+
3.250%)
7
.894
01/30/31
3,215,965
940,000
White
Cap
Buyer
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
7
.935
10/19/29
939,159
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
42,403,743
CONSUMER
DURABLES
&
APPAREL
-
4.0%
(2.4%
of
Total
Investments)
3,582,858
ABG
Intermediate
Holdings
2
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.446
12/21/28
3,594,287
8,008,526
AI
Aqua
Merger
Sub,
Inc.,
Term
Loan
B,
First
Lien,
(TSFR1M
+
3.500%)
8
.357
07/31/28
8,031,871
498,812
Amer
Sports
Company,
Term
Loan,
(TSFR3M
+
2.750%)
7
.846
02/18/31
501,307
7,244,356
Hayward
Industries,
Inc.,
Term
Loan,
(TSFR1M
+
2.500%)
7
.300
05/30/28
7,257,287
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
CONSUMER
DURABLES
&
APPAREL
(continued)
$
6,259
Serta
Simmons
Bedding,
LLC,
Term
Loan,
(TSFR3M
+
7.500%)
12
.218
%
06/29/28
$
5,264
992,727
SRAM,
LLC
,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.550
05/18/28
994,901
2,250,000
(i)
Tempur
Sealy
International
Inc,Term
Loan,
(TBD)
TBD
TBD
2,251,879
4,276,125
Topgolf
Callaway
Brands
Corp.,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
03/18/30
4,257,417
1,745,000
Varsity
Brands,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.821
07/28/31
1,740,280
154,604
Weber-Stephen
Products
LLC,
Term
loan
B,
(TSFR1M
+
4.250%)
9
.035
10/29/27
146,984
3,262,898
Weber-Stephen
Products
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.050
10/29/27
3,101,385
TOTAL
CONSUMER
DURABLES
&
APPAREL
31,882,862
CONSUMER
SERVICES
-
14.2%
(8.7%
of
Total
Investments)
8,535,957
1011778
B.C.
Unlimited
Liability
Company,
Term
Loan
B6,
(TSFR1M
+
1.750%)
6
.435
09/23/30
8,476,206
822,938
Allwyn
International
AS,
Term
Loan
B,
(TSFR3M
+
2.250%)
6
.908
06/30/31
822,938
4,336,075
Alterra
Mountain
Company,
Term
Loan
B4,
(TSFR1M
+
3.250%)
7
.935
08/17/28
4,349,625
990,019
Alterra
Mountain
Company,
Term
Loan
B5,
(TSFR1M
+
3.500%)
8
.185
05/31/30
993,236
1,824,886
Aramark
Services,
Inc.,
Term
Loan
B5,
(TSFR1M
+
2.000%)
6
.685
06/24/30
1,828,307
4,383,641
Caesars
Entertainment
Corp,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
02/06/30
4,393,679
1,927,812
Caesars
Entertainment
Inc.,
Term
Loan
B1,
(TSFR1M
+
2.750%)
7
.435
02/06/31
1,931,880
1,700,243
Carnival
Corporation,
Term
Loan
B1,
(TSFR1M
+
2.750%)
7
.435
10/18/28
1,706,619
1,627,601
Carnival
Corporation,
Term
Loan
B2,
(TSFR1M
+
2.750%)
7
.435
08/09/27
1,634,470
3,272,289
Churchill
Downs
Incorporated,
Term
Loan
B1,
(TSFR1M
+
2.000%)
6
.785
03/17/28
3,276,380
1,970,100
Cinemark
USA,
Inc.,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
3.250%)
7
.894
05/24/30
1,979,330
5,853,213
ClubCorp
Holdings,
Inc.,
Term
Loan
B2,
(TSFR3M
+
5.000%)
9
.865
09/18/26
5,870,890
3,685,000
(j)
Delta
2
(LUX)
S.a.r.l.,
Term
Loan
B1,
(TSFR3M
+
2.000%)
6
.585
09/10/31
3,689,146
12,730,840
Fertitta
Entertainment,
LLC,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.536
01/29/29
12,750,764
9,925,000
Flutter
Entertainment
PLC,
Term
Loan
B,
(TSFR3M
+
2.000%)
6
.604
11/29/30
9,934,925
2,344,000
GBT
US
III
LLC,
Term
loan
B,
(TSFR3M
+
3.000%)
7
.626
07/28/31
2,347,352
3,098,568
GVC
Holdings
(Gibraltar)
Limited,
Term
Loan
B,
(TSFR6M
+
2.750%)
8
.014
10/31/29
3,098,506
3,231,412
Hilton
Domestic
Operating
Company,
Inc.,
Term
Loan
B4,
(TSFR1M
+
1.750%)
6
.488
11/08/30
3,234,611
1,986,923
Hilton
Grand
Vacations
Borrower
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.185
08/02/28
1,983,198
477,600
Hilton
Grand
Vacations
Borrower
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
01/17/31
475,847
10,158,407
IRB
Holding
Corp,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.535
12/15/27
10,168,768
4,667,053
Light
and
Wonder
International,
Inc.,
Term
Loan
B2,
(TSFR1M
+
2.250%)
7
.034
04/16/29
4,672,140
4,746,818
Motion
Finco
Sarl,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.104
11/30/29
4,545,078
569,126
PCI
Gaming
Authority,
Term
Loan,
(TSFR1M
+
2.000%)
6
.685
06/06/31
566,209
1,814,484
Penn
National
Gaming,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.535
04/20/29
1,819,057
2,607,970
PG
Investment
Company
59
S.a
r.l.,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.604
03/24/31
2,616,120
6,325,991
Scientific
Games
Holdings
LP,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.590
04/04/29
6,307,487
3,880,675
SeaWorld
Parks
&
Entertainment,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.185
08/25/28
3,886,748
4,400,750
Spin
Holdco
Inc.,
Term
Loan,
(TSFR3M
+
4.000%)
9
.256
03/06/28
3,843,945
368,730
William
Morris
Endeavor
Entertainment,
LLC,
Term
Loan,
First
Lien,
(TSFR1M
+
2.750%)
7
.550
05/16/25
369,346
TOTAL
CONSUMER
SERVICES
113,572,807
ENERGY
-
2.1%
(1.3%
of
Total
Investments)
2,479,021
EG
Group
Limited,
Term
Loan
B,
(TSFR3M
+
5.500%)
10
.444
02/07/28
2,485,529
1,000,000
Epic
Crude
Services,
LP,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.656
10/09/31
1,000,895
4,357,579
Freeport
LNG
Investments,
LLLP,
Term
Loan
A,
(TSFR3M
+
3.000%)
7
.879
11/16/26
4,352,132
2,541,000
(i)
New
Fortress
Energy
Inc,Term
Loan,
(TBD)
TBD
TBD
2,405,679
2,909,457
Oryx
Midstream
Services
Permian
Basin
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.918
10/05/28
2,914,505
2,917,500
TransMontaigne
Operating
Company
L.P.,
Term
Loan
B,
(TSFR1M
+
3.250%)
7
.935
11/05/28
2,924,794
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
ENERGY
(continued)
$
1,105,098
Whitewater
Whistler
Holdings,
LLC,
Term
Loan
B,
(TSFR3M
+
2.250%)
6
.854
%
02/15/30
$
1,108,274
TOTAL
ENERGY
17,191,808
FINANCIAL
SERVICES
-
2.0%
(1.2%
of
Total
Investments)
412,675
(j)
Aragorn
Parent
Corporation,
Term
Loan,
(TSFR1M
+
4.000%)
8
.745
12/15/28
414,739
1,096,604
Avolon
TLB
Borrower
1
(US)
LLC,
Term
Loan
B4,
(TSFR1M
+
1.500%)
6
.359
02/12/27
1,097,323
9,571,000
Boost
Newco
Borrower,
LLC,
Term
loan
B,
(TSFR3M
+
2.500%)
7
.104
01/31/31
9,609,906
3,020,507
(c),(k)
Ditech
Holding
Corporation,
Term
Loan
0
.000
06/30/24
302
61,101
(h)
Focus
Financial
Partners,
LLC,
Term
Loan
0
.000
09/10/31
61,232
568,899
Focus
Financial
Partners,
LLC,
Term
Loan
B8,
(TSFR1M
+
3.250%)
7
.935
09/10/31
570,119
538,650
Kestra
Advisor
Services
Holdings
A,
Inc.,
Term
Loan,
(TSFR3M
+
4.000%)
9
.057
03/24/31
541,176
890,000
NCR
Atleos
LLC,
Term
Loan
B,
(TSFR3M
+
0.038%)
8
.398
04/16/29
892,225
2,914,388
Trans
Union,
LLC,
Term
Loan
B8,
(TSFR1M
+
1.750%)
6
.435
06/24/31
2,913,310
TOTAL
FINANCIAL
SERVICES
16,100,332
FOOD,
BEVERAGE
&
TOBACCO
-
2.4%
(1.5%
of
Total
Investments)
178,163
8th
Avenue
Food
&
Provisions,
Inc.,
Term
Loan,
(TSFR1M
+
4.750%)
9
.550
10/01/25
175,491
2,668,277
8th
Avenue
Food
&
Provisions,
Inc.,
Term
Loan,
First
Lien,
(TSFR1M
+
3.750%)
8
.550
10/01/25
2,628,252
1,705,907
CHG
PPC
Parent
LLC,
Term
Loan,
(TSFR1M
+
2.750%)
7
.550
12/08/28
1,701,642
557,975
City
Brewing
Company,
LLC,
First
Lien,
(TSFR3M
+
5.000%)
9
.909
04/14/28
265,038
771,287
City
Brewing
Company,
LLC,
Term
Loan,
(TSFR3M
+
6.250%)
10
.926
04/05/28
647,882
2,018,309
City
Brewing
Company,
LLC,
Term
Loan,
(TSFR3M
+
3.500%)
8
.418
04/14/28
1,574,281
1,915,000
Froneri
International
Ltd.,
Term
Loan,
(TSFR1M
+
2.250%)
7
.035
02/01/27
1,909,466
1,245,000
(j)
Naked
Juice
LLC,
Term
Loan,
(TSFR3M
+
3.250%)
7
.954
01/20/29
940,361
4,790,053
Pegasus
BidCo
BV,
Term
Loan
B,
(Prime
+
3.250%)
7
.848
07/12/29
4,810,004
1,555,200
Sycamore
Buyer
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.102
07/23/29
1,556,662
2,789,773
Triton
Water
Holdings,
Inc,
Term
Loan,
(TSFR3M
+
3.250%)
8
.115
03/31/28
2,795,157
496,250
Triton
Water
Holdings,
Inc,
Term
Loan
B,
(TSFR3M
+
4.000%)
8
.604
03/31/28
498,629
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
19,502,865
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
14.9%
(9.1%
of
Total
Investments)
893,250
ADMI
Corp.,
Term
Loan
B5,
(TSFR1M
+
5.750%)
10
.435
12/23/27
901,066
4,319,444
AHP
Health
Partners,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
08/24/28
4,330,243
14,572,002
Bausch
&
Lomb,
Inc.,
Term
Loan,
(TSFR1M
+
3.250%)
8
.095
05/05/27
14,581,109
2,819,974
Element
Materials
Technology
Group
US
Holdings
Inc.,
Term
Loan,
(TSFR3M
+
3.750%)
8
.354
04/12/29
2,831,253
6,719,820
(j)
Gainwell
Acquisition
Corp.,
Term
Loan
B,
(TSFR3M
+
4.000%)
8
.704
10/01/27
6,474,546
12,543,421
Global
Medical
Response,
Inc.,
Term
Loan,
(TSFR1M
+
5.500%)
10
.259
10/02/28
12,513,191
20,242,309
Medline
Borrower,
LP,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
10/23/28
20,283,907
6,942,687
National
Mentor
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
TSFR3M
+
3.750%)
8
.494
03/02/28
6,828,793
222,534
National
Mentor
Holdings,
Inc.,
Term
Loan
C,
(TSFR3M
+
3.750%)
8
.454
03/02/28
218,883
3,274,987
Onex
TSG
Intermediate
Corp.,
Term
Loan
B,
(TSFR1M
+
4.750%)
9
.468
02/28/28
3,283,863
537,300
Pacific
Dental
Services,
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.536
03/17/31
538,015
539,659
Packaging
Coordinators
Midco,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.250%)
7
.835
11/30/27
540,974
13,999,884
Parexel
International
Corporation,
Term
loan
B,
(TSFR1M
+
3.000%)
7
.685
11/15/28
14,008,424
10,459,729
Phoenix
Guarantor
Inc,
Term
Loan,
(TSFR1M
+
3.250%)
7
.935
02/21/31
10,473,693
650,000
Resonetics,
LLC,
Term
Loan,
(TSFR3M
+
3.750%)
8
.367
06/06/31
652,460
1,721,913
Select
Medical
Corporation,
Term
Loan
B1,
(TSFR1M
+
3.000%)
7
.685
03/05/27
1,731,599
2,156,078
Sound
Inpatient
Physicians,
Term
Loan
B,
(TSFR3M
+
1.500%),
(cash
9.096%,
PIK
1.500%)
1
.500
06/28/28
1,944,783
291,450
Star
Parent,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.354
09/30/30
285,878
11,832,377
Surgery
Center
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.495
12/19/30
11,873,198
2,449,158
Team
Health
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
5.250%)
9
.885
03/02/27
2,403,922
231,815
(h),(i)
Viant
Medical
Holdings
Inc,Term
Loan,
(TBD)
TBD
TBD
232,877
2,101,786
(i)
Viant
Medical
Holdings
Inc,Term
Loan,
(TBD)
TBD
TBD
2,111,422
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
119,044,099
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
INSURANCE
-
9.8%
(6.0%
of
Total
Investments)
$
13,305,429
Acrisure,
LLC,
Term
Loan
B6,
(TSFR1M
+
3.250%)
8
.009
%
11/06/30
$
13,301,304
9,593,600
Alliant
Holdings
Intermediate,
LLC,
Term
Loan
B6,
(TSFR1M
+
3.000%)
7
.759
09/12/31
9,560,934
1,253,804
AmWINS
Group,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.050
02/22/28
1,254,538
4,179,000
AssuredPartners,
Inc.,
Term
Loan
B5,
(TSFR1M
+
3.500%)
8
.185
02/14/31
4,189,740
166,733
Asurion
LLC,
Term
Loan
B11,
(TSFR1M
+
4.250%)
9
.035
08/21/28
166,003
4,440,131
Asurion
LLC,
Term
Loan
B8,
(TSFR1M
+
3.250%)
8
.050
12/23/26
4,444,549
3,085,792
Asurion
LLC,
Term
Loan
B9,
(TSFR1M
+
3.250%)
8
.050
07/30/27
3,066,012
12,227,679
Broadstreet
Partners,
Inc.,
Term
Loan
B4,
(TSFR1M
+
3.250%)
7
.935
05/12/31
12,232,387
8,381,660
HUB
International
Limited,
Term
loan
B,
(TSFR2M
+
TSFR3M
+
2.875%)
7
.606
06/20/30
8,407,224
240,625
Ryan
Specialty
Group,
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
09/11/31
240,835
3,750,000
Sedgwick
Claims
Management
Services,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.585
06/27/31
3,755,475
10,635,000
Truist
Insurance
Holdings
LLC,
First
Lien,
Term
Loan,
(TSFR3M
+
3.250%)
7
.854
03/22/31
10,661,641
826,671
USI,
Inc.,
Term
Loan,
(TSFR3M
+
2.750%)
7
.354
09/27/30
827,382
6,418,048
USI,
Inc.,
Term
Loan,
(TSFR3M
+
2.750%)
7
.354
11/23/29
6,423,664
TOTAL
INSURANCE
78,531,688
MATERIALS
-
6.2%
(3.8%
of
Total
Investments)
750,000
AAP
Buyer
Inc,
Term
Loan
B,
(TSFR3M
+
3.250%)
7
.854
08/01/31
753,750
787,075
Arsenal
AIC
Parent
LLC,
Term
loan
B,
(TSFR1M
+
3.250%)
7
.935
08/19/30
790,026
2,680,801
Axalta
Coating
Systems
U.S.
Holdings,
Inc.,
Term
Loan
B6,
(TSFR3M
+
2.000%)
6
.604
12/20/29
2,691,967
538,650
Berlin
Packaging
LLC,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
3.750%)
8
.474
05/12/31
540,382
819,155
Clydesdale
Acquisition
Holdings
Inc,
Term
Loan
B,
(TSFR1M
+
3.175%)
7
.860
04/13/29
818,082
3,894,000
CPC
Acquisition
Corp,
Term
Loan,
(TSFR3M
+
3.750%)
8
.615
12/29/27
3,415,350
4,896,472
(j)
Discovery
Purchaser
Corporation,
Term
Loan,
(TSFR3M
+
4.375%)
8
.965
08/03/29
4,897,402
493,058
ECO
Services
Operations
Corp,
Term
Loan
B,
(TSFR3M
+
2.250%)
6
.835
06/12/31
491,586
1,106,000
INEOS
Quattro
Holdings
UK
Ltd,
Term
Loan,
(TSFR1M
+
3.750%)
8
.535
03/03/30
1,103,235
2,630,000
INEOS
Quattro
Holdings
UK
Ltd,
Term
Loan
B,
(TSFR1M
+
4.250%)
8
.935
10/02/31
2,623,425
2,915,222
INEOS
Quattro
Holdings
UK
Ltd,
Term
Loan
B,
First
Lien,
(TSFR1M
+
4.250%)
9
.035
03/29/29
2,906,127
3,032,400
Ineos
US
Finance
LLC,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.435
02/07/31
3,043,772
3,408,325
Ineos
US
Finance
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
7
.935
02/09/30
3,415,789
3,226,118
Klockner-Pentaplast
of
America,
Inc.,
Term
Loan
B,
(TSFR6M
+
4.725%)
9
.723
02/09/26
3,028,067
1,817,070
(j)
Lonza
Group
AG,
Term
Loan
B,
(TSFR3M
+
3.925%)
8
.629
07/03/28
1,772,024
5,331,825
Nouryon
Finance
B.V.,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.628
04/03/28
5,368,481
480,159
Nouryon
Finance
B.V.,
Term
Loan
B,
(TSFR6M
+
3.500%)
7
.784
04/03/28
482,711
3,488,336
Reynolds
Group
Holdings
Inc.
,
Term
Loan
B3,
(TSFR1M
+
2.500%)
7
.185
09/25/28
3,495,452
537,300
SupplyOne,
Inc,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.435
04/21/31
538,692
4,861,902
TricorBraun
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
3.250%)
8
.050
03/03/28
4,826,216
1,122,188
Tronox
Finance
LLC,
Term
Loan
B,
(TSFR3M
+
2.750%)
7
.354
04/04/29
1,122,389
98,077
(h)
USALCO,
LLC,
Term
Loan
0
.000
09/17/31
98,782
951,923
USALCO,
LLC,
Term
Loan
B,
(TSFR1M
+
4.000%)
8
.685
09/17/31
958,763
TOTAL
MATERIALS
49,182,470
MEDIA
&
ENTERTAINMENT
-
4.4%
(2.7%
of
Total
Investments)
2,626,974
Advantage
Sales
&
Marketing,
Inc.,
Term
Loan,
(TSFR3M
+
4.250%)
8
.854
10/28/27
2,586,741
3,726,418
AMC
Entertainment
Holdings,
Inc.
,
Term
Loan,
(TSFR1M
+
7.000%)
11
.745
01/04/29
3,796,289
945,230
Cable
One,
Inc.,
Term
Loan
B4,
(TSFR1M
+
2.000%)
6
.800
05/03/28
919,827
2,193,975
Cengage
Learning,
Inc.,
Term
Loan
B,
(TSFR6M
+
4.250%)
9
.538
03/24/31
2,205,581
357,676
Checkout
Holding
Corp.,
Term
Loan,
(TSFR1M
+
9.500%)
14
.596
05/24/30
342,474
4,345,965
Clear
Channel
Outdoor
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
4.000%)
8
.800
08/23/28
4,336,665
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
MEDIA
&
ENTERTAINMENT
(continued)
$
6,455,987
Crown
Finance
US,
Inc.,
Term
Loan,
(TSFR1M
+
7.000%),
(cash
6.455%,
PIK
7.000%)
7
.000
%
07/31/28
$
6,514,188
2,036,000
CSC
Holdings,
LLC,
Term
Loan
B5,
(6-Month
LIBOR
+
2.500%)
7
.173
04/15/27
1,898,774
1,496,000
(i)
CSC
Holdings,
LLC,
Term
Loan
B6,
(TBD)
TBD
TBD
1,463,679
3,077,992
DirecTV
Financing,
LLC,
Term
Loan,
(TSFR3M
+
5.000%)
9
.847
08/02/27
3,088,657
291,101
Lions
Gate
Capital
Holdings
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.035
03/24/25
291,373
3,272,097
McGraw-Hill
Global
Education
Holdings,
LLC,
Term
loan
B,
(Prime
+
TSFR3M
+
3.500%)
10
.052
08/06/31
3,290,961
401,513
Mission
Broadcasting,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.459
06/02/28
400,071
983,883
Nexstar
Broadcasting,
Inc.,
Term
Loan
B4,
(TSFR1M
+
2.500%)
7
.300
09/18/26
984,946
842,637
Red
Ventures,
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
02/23/30
838,163
217,000
Virgin
Media
Bristol
LLC,
Term
Loan
Y,
(TSFR6M
+
3.175%)
7
.724
03/06/31
211,078
1,600,988
Wood
Mackenzie
Limited,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.604
02/10/31
1,607,591
TOTAL
MEDIA
&
ENTERTAINMENT
34,777,058
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.9%
(1.1%
of
Total
Investments)
2,309,976
Curia
Global,
Inc.,
Term
Loan,
(TSFR1M
+
TSFR3M
+
3.750%)
8
.485
08/28/26
2,206,386
9,974,147
Jazz
Financing
Lux
S.a.r.l.,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
05/05/28
9,986,614
1,492,742
Organon
&
Co,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.259
05/14/31
1,494,608
1,151,112
Perrigo
Investments,
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.035
04/05/29
1,155,429
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
14,843,037
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
1.5%
(0.9%
of
Total
Investments)
2,493,750
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan,
(TSFR1M
+
3.250%)
7
.935
01/31/30
2,501,032
2,347,196
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
01/31/30
2,354,543
1,346,000
(i)
Forest
City
Enterprises
LP,Term
Loan,
(TBD)
TBD
TBD
1,301,629
5,872,486
(i)
VeriFone
Systems
Inc,Term
Loan,
(TBD)
TBD
TBD
5,468,752
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
11,625,956
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.2%
(0.2%
of
Total
Investments)
1,875,000
(i)
Icon
Parent
Inc,Term
Loan,
(TBD)
TBD
TBD
1,864,162
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
1,864,162
SOFTWARE
&
SERVICES
-
20.6%
(12.6%
of
Total
Investments)
1,564,254
Ahead
DB
Holdings,
LLC,
Term
Loan
B3,
(TSFR3M
+
3.500%)
8
.104
02/03/31
1,571,097
1,665,000
Amentum
Government
Services
Holdings
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
07/30/31
1,666,873
1,039,507
Apttus
Corporation,
Term
loan
B,
(TSFR3M
+
3.500%)
8
.089
05/08/28
1,045,355
8,494,977
Avaya,
Inc.,
Term
Loan,
(TSFR1M
+
7.500%)
12
.185
08/01/28
7,211,895
10,824,097
Banff
Merger
Sub
Inc,
Term
loan
B,
(TSFR3M
+
3.750%)
8
.335
07/30/31
10,808,240
1,194,000
Camelot
U.S.
Acquisition
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
01/31/31
1,196,388
987,088
CCC
Intelligent
Solutions
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
7
.050
09/21/28
988,731
6,271,485
Cotiviti
Corporation,
Term
Loan,
(TSFR1M
+
3.250%)
8
.094
04/30/31
6,281,300
2,400,000
Darktrace
PLC,
Term
Loan,
(TSFR3M
+
3.250%)
7
.887
07/02/31
2,381,004
2,750,000
Drake
Software,
LLC,
Term
Loan
B,
(TSFR1M
+
4.250%)
8
.935
06/05/31
2,708,750
1,770,698
DTI
Holdco,
Inc.,
Term
Loan,
(TSFR1M
+
4.750%)
9
.435
04/21/29
1,779,693
2,450,000
(i)
Envestnet
Inc,Term
Loan,
(TBD)
TBD
TBD
2,451,838
1,096,134
Epicor
Software
Corporation,
Term
Loan,
(TSFR1M
+
3.250%)
7
.957
05/23/31
1,100,644
9,342,432
Epicor
Software
Corporation,
Term
Loan,
(TSFR1M
+
3.250%)
7
.935
05/23/31
9,380,876
2,625,000
Fortress
Intermediate
3,
Inc,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.435
05/08/31
2,625,551
2,911,634
Gen
Digital
Inc.,
Term
Loan
B,
(TSFR1M
+
1.750%)
6
.435
09/12/29
2,903,074
5,527,930
Genesys
Cloud
Services
Holdings
II
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
7
.685
12/01/27
5,547,360
6,825,000
Informatica
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
10/30/28
6,837,797
694,000
(i)
Jaggaer
LLC,Term
Loan,
(TBD)
TBD
TBD
693,459
6,052,950
McAfee,
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.100
03/01/29
6,053,374
757,000
Mitchell
International,
Inc.,
Term
Loan,
(TSFR1M
+
3.250%)
7
.935
06/06/31
751,765
6,837,810
Open
Text
Corporation,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
01/31/30
6,868,717
3,487,339
(j)
Peraton
Corp.,
Term
Loan
B,
(TSFR1M
+
3.750%)
8
.535
02/01/28
3,384,724
1,500,000
(i)
PointClickCare
Technologies
Inc,Term
Loan,
(TBD)
TBD
TBD
1,504,688
3,730,000
Press
Ganey
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.185
04/24/31
3,731,660
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
SOFTWARE
&
SERVICES
(continued)
$
723,750
Project
Ruby
Ultimate
Parent
Corp.,
Term
Loan,
(TSFR1M
+
3.250%)
8
.050
%
03/10/28
$
726,077
2,279,674
Proofpoint,
Inc.,
Term
Loan,
(TSFR1M
+
3.000%)
7
.685
08/31/28
2,283,766
3,588,750
Quartz
Acquireco
LLC,
Term
Loan
B,
(TSFR3M
+
2.750%)
7
.354
06/28/30
3,597,722
3,510,956
Rackspace
Technology
Global,
Inc.,
Term
Loan,
First
Lien,
(TSFR1M
+
6.250%)
11
.183
05/15/28
3,589,584
6,023,679
Rackspace
Technology
Global,
Inc.,
Term
Loan,
First
Lien,
(TSFR1M
+
2.750%)
7
.683
05/15/28
3,640,139
9,723,194
Sophia,
L.P.,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.285
10/29/29
9,775,262
3,139,670
SS&C
Technologies
Inc.,
Term
Loan
B8,
(TSFR1M
+
2.000%)
6
.685
05/09/31
3,142,684
2,000,000
Synechron
Inc,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.360
10/03/31
1,992,500
7,108,500
Syniverse
Holdings,
Inc.,
Term
Loan,
(TSFR3M
+
7.000%)
11
.604
05/10/29
7,083,620
7,749,355
Tempo
Acquisition
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
6
.935
08/31/28
7,760,863
1,125,000
Thunder
Generation
Funding
LLC,
Term
Loan
B,
(Prime
+
TSFR3M
+
3.000%)
7
.610
09/26/31
1,127,672
15,049,224
Ultimate
Software
Group
Inc
(The),
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.617
02/10/31
15,083,310
1,985,529
Vision
Solutions,
Inc.,
Term
Loan,
(TSFR3M
+
4.000%)
8
.847
04/24/28
1,963,371
538,650
VS
Buyer,
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.036
04/14/31
539,997
1,510,551
West
Corporation,
Term
Loan
B3,
(TSFR3M
+
4.000%)
8
.585
04/12/27
1,319,572
1,328,709
World
Wide
Technology
Holding
Co.
LLC,
Term
Loan,
(TSFR1M
+
2.750%)
7
.609
03/01/30
1,332,031
8,059,500
Zelis
Payments
Buyer,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
09/28/29
7,988,536
TOTAL
SOFTWARE
&
SERVICES
164,421,559
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
1.2%
(0.7%
of
Total
Investments)
4,854,845
(j)
CommScope,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.250%)
8
.050
04/06/26
4,758,962
1,932,611
II-VI
Incorporated,
Term
Loan
B,
(TSFR1M
+
2.500%)
7
.185
07/02/29
1,937,201
1,501,339
Ingram
Micro
Inc.,
Term
Loan
B,
(TSFR3M
+
2.750%)
7
.564
09/22/31
1,503,839
440,016
MLN
US
HoldCo
LLC,
Term
Loan,
(TSFR3M
+
6.700%)
11
.385
10/18/27
43,342
974,886
MLN
US
HoldCo
LLC,
Term
Loan,
First
Lien,
(TSFR3M
+
4.500%)
9
.414
12/01/25
46,307
1,654,732
Riverbed
Technology,
Inc.,
Term
Loan,
(TSFR3M
+
2.000%)
2
.000
07/03/28
1,025,934
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
9,315,585
TELECOMMUNICATION
SERVICES
-
3.6%
(2.2%
of
Total
Investments)
642,773
Altice
France
S.A.,
Term
Loan
B12,
(6-Month
LIBOR
+
3.688%)
8
.370
02/02/26
552,785
9,702,383
Altice
France
S.A.,
Term
Loan
B13,
(3-Month
LIBOR
+
4.000%)
9
.380
08/14/26
8,283,409
1,165,092
Cincinnati
Bell,
Inc.,
Term
Loan
B2,
(TSFR1M
+
3.250%)
8
.035
11/24/28
1,166,403
581,141
(k)
Cyxtera
DC
Holdings,
Inc.,
Term
Loan
B
0
.000
05/01/25
3,196
1,916,000
(i)
Digicel
International
Finance
Limited,
Term
Loan,
(TBD),
(cash
12.002%,
PIK
1.500%)
TBD
TBD
1,914,668
2,318,993
(j)
Level
3
Financing
Inc.,
Term
Loan
B1,
(TSFR1M
+
6.560%)
11
.278
04/16/29
2,371,170
2,496,007
(j)
Level
3
Financing
Inc.,
Term
Loan
B2,
(TSFR1M
+
6.560%)
11
.278
04/15/30
2,551,281
3,437,589
(i)
Lumen
Technologies
Inc,Term
Loan,
(TBD)
TBD
TBD
3,400,153
962,084
Numericable
Group
SA,
Term
Loan
B11,
(6-Month
LIBOR
+
2.750%)
7
.432
07/31/25
894,825
4,172,000
Zayo
Group
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
3.000%)
7
.800
03/09/27
3,930,504
3,650,838
Ziggo
Financing
Partnership,
Term
Loan
I,
(TSFR1M
+
2.500%)
7
.418
04/28/28
3,604,181
TOTAL
TELECOMMUNICATION
SERVICES
28,672,575
TRANSPORTATION
-
2.0%
(1.2%
of
Total
Investments)
2,726,876
AAdvantage
Loyalty
IP
Ltd.,
Term
Loan,
(TSFR3M
+
4.750%)
9
.629
04/20/28
2,808,832
512,425
Air
Canada,
Term
Loan
B,
(TSFR3M
+
2.500%)
7
.253
03/21/31
513,655
136,053
American
Airlines,
Inc.,
Term
Loan,
First
Lien,
(TSFR3M
+
1.750%)
6
.454
01/29/27
135,496
2,165,180
Brown
Group
Holding,
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.468
07/01/31
2,166,512
2,271,806
Brown
Group
Holding,
LLC,
Term
Loan
B2,
(TSFR1M
+
TSFR3M
+
2.750%)
7
.503
07/01/31
2,273,056
2,954,430
KKR
Apple
Bidco,
LLC,
Term
Loan,
(TSFR1M
+
2.750%)
7
.550
09/25/28
2,958,315
2,070,761
PODS,
LLC,
Term
Loan
B,
(TSFR3M
+
3.000%)
7
.847
03/31/28
1,958,401
367,950
SkyMiles
IP
Ltd.,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.367
10/20/27
375,421
2,491,266
WestJet
Loyalty
LP,
Term
Loan
B,
(TSFR3M
+
3.750%)
8
.354
02/14/31
2,494,193
TOTAL
TRANSPORTATION
15,683,881
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
which
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level
1
–
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
–
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
–
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
PRINCIPAL
DESCRIPTION
RATE(f)
MATURITY(g)
VALUE
UTILITIES
-
2.0%
(1.2%
of
Total
Investments)
$
1,295,000
(i)
Cornerstone
Generation
LLC,Term
Loan,
(TBD)
TBD
TBD
$
1,296,619
450,000
EFS
Cogen
Holdings
I
LLC,
Term
Loan
B,
(TSFR1M
+
3.500%)
8
.460
%
10/01/27
449,014
7,239,219
Talen
Energy
Supply,
LLC,
Term
Loan
B,
(TSFR3M
+
3.500%)
8
.596
05/17/30
7,264,447
5,940,520
Talen
Energy
Supply,
LLC,
Term
Loan
C,
(TSFR3M
+
3.500%)
8
.596
05/17/30
5,961,223
300,902
Vistra
Operations
Company
LLC,
Term
Loan
B3,
First
Lien,
(TSFR1M
+
2.000%)
6
.685
12/20/30
301,531
537,300
Vistra
Zero
Operating
Company,
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
7
.435
04/30/31
539,172
TOTAL
UTILITIES
15,812,006
TOTAL
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
(Cost
$906,391,206)
905,062,874
SHARES
DESCRIPTION
VALUE
46
WARRANTS
-
0
.0
%
(
0
.0
%
of
Total
Investments)
46
MEDIA
&
ENTERTAINMENT
-
0.0%
(0.0%
of
Total
Investments)
4,644
(c)
Tenerity
Inc
46
TOTAL
MEDIA
&
ENTERTAINMENT
46
TOTAL
WARRANTS
(Cost
$1,087,698)
46
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,299,789,461)
1,289,283,444
SHARES
DESCRIPTION
RATE
VALUE
SHORT-TERM
INVESTMENTS
-
2.4%(1.5%
of
Total
Investments)
INVESTMENT
COMPANIES
-
2.4%
(1.5%
of
Total
Investments)
–
19,021,437
BlackRock
Liquidity
Funds
T-Fund
5.167(l)
19,021,437
TOTAL
INVESTMENT
COMPANIES
(Cost
$19,021,437)
19,021,437
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$19,021,437)
19,021,437
TOTAL
INVESTMENTS
-
164
.0
%
(Cost
$
1,318,810,898
)
1,308,304,881
BORROWINGS
-
(26.5)%
(m),(n)
(
211,600,000
)
REVERSE
REPURCHASE
AGREEMENTS,
INCLUDING
ACCRUED
INTEREST
-
(17.9)%(o)
(
142,720,926
)
TFP
SHARES,
NET
-
(17.5)%(p)
(
139,240,403
)
OTHER
ASSETS
&
LIABILITIES,
NET
- (2.1)%
(
16,942,777
)
NET
ASSETS
APPLICABLE
TO
COMMON
SHARES
-
100%
$
797,800,775
Portfolio
of
Investments
October
31,
2024
(continued)
JQC
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Asset-Backed
Securities
$
–
$
66,279,523
$
–
$
66,279,523
Common
Stocks
11,838,292
–
24,743
11,863,035
Corporate
Bonds
–
306,077,966
–
306,077,966
Variable
Rate
Senior
Loan
Interests
–
905,062,572
302
905,062,874
Warrants
–
–
46
46
Short-Term
Investments:
Investment
Companies
19,021,437
–
–
19,021,437
Total
$
30,859,729
$
1,277,420,061
$
25,091
$
1,308,304,881
For
Fund
portfolio
compliance
purposes,
the
Fund’s
industry
classifications
refer
to
any
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
ratings
group
indexes,
and/or
as
defined
by
Fund
management.
This
definition
may
not
apply
for
purposes
of
this
report,
which
may
combine
industry
sub-classifications
into
sectors
for
reporting
ease.
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
(a)
Variable
rate
security.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(b)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$319,684,759
or
24.4%
of
Total
Investments.
(c)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(d)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(e)
Investment,
or
portion
of
investment,
has
been
pledged
to
collateralize
the
net
payment
obligations
for
investments
in
reverse
repurchase
agreements.
As
of
the
end
of
the
reporting
period,
investments
with
a
value
of
$196,691,347
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(f)
Senior
loans
generally
pay
interest
at
rates
which
are
periodically
adjusted
by
reference
to
a
base
short-term,
floating
lending
rate
(Reference
Rate)
plus
an
assigned
fixed
rate
(Spread).
These
floating
lending
rates
are
generally
(i)
the
lending
rate
referenced
by
the
Secured
Overnight
Financing
Rate
(“SOFR”),
or
(ii)
the
prime
rate
offered
by
one
or
more
major
United
States
banks.
Senior
loans
may
be
considered
restricted
in
that
the
Fund
ordinarily
is
contractually
obligated
to
receive
approval
from
the
agent
bank
and/or
borrower
prior
to
the
disposition
of
a
senior
loan.
The
rate
shown
is
the
coupon
as
of
the
end
of
the
reporting
period.
(g)
Senior
loans
generally
are
subject
to
mandatory
and/or
optional
prepayment.
Because
of
these
mandatory
prepayment
conditions
and
because
there
may
be
significant
economic
incentives
for
a
borrower
to
prepay,
prepayments
of
senior
loans
may
occur.
As
a
result,
the
actual
remaining
maturity
of
senior
loans
held
may
be
substantially
less
than
the
stated
maturities
shown.
(h)
Investment,
or
portion
of
investment,
represents
an
outstanding
unfunded
senior
loan
commitment.
(i)
When-issued
or
delayed
delivery
security.
(j)
Portion
of
investment
purchased
on
a
delayed
delivery
basis.
(k)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(l)
The
rate
shown
is
the
annualized
seven-day
subsidized
yield
as
of
end
of
the
reporting
period.
(m)
Borrowings
as
a
percentage
of
Total
Investments
is
16.2%.
(n)
The
Fund
segregates
100%
of
its
eligible
investments
(excluding
any
investments
separately
pledged
as
collateral
for
specific
investments
in
derivatives,
when
applicable)
in
the
Portfolio
of
Investments
as
collateral
for
borrowings.
(o)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
10.9%.
(p)
TFP
Shares,
Net
as
a
percentage
of
Total
Investments
is
10.6%.
LIBOR
London
Inter-Bank
Offered
Rate
PIK
Payment-in-kind
(“PIK”)
security. Depending
on
the
terms
of
the
security,
income
may
be
received
in
the
form
of
cash,
securities,
or
a
combination
of
both. The
PIK
rate
shown,
where
applicable,
represents
the
annualized
rate
of
the
last
PIK
payment
made
by
the
issuer
as
of
the
end
of
the
reporting
period.
TBD
Senior
loan
purchased
on
a
when-issued
or
delayed-delivery
basis.
Certain
details
associated
with
this
purchase
are
not
known
prior
to
the
settlement
date
of
the
transaction.
In
addition,
senior
loans
typically
trade
without
accrued
interest
and
therefore
a
coupon
rate
is
not
available
prior
to
settlement.
At
settlement,
if
still
unknown,
the
borrower
or
counterparty
will
provide
the
Fund
with
the
final
coupon
rate
and
maturity
date.
TSFR
1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR
2M
CME
Term
Secured
Overnight
Financing
Rate
2
Month
TSFR
3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
TSFR
6M
CME
Term
Secured
Overnight
Financing
Rate
6
Month
Nuveen Credit Strategies... (NYSE:JQC)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Nuveen Credit Strategies... (NYSE:JQC)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
