Shenkman Capital Floating Rate High Income Fund
|
|||||
Schedule of Investments
|
|||||
June 30, 2021 (Unaudited)
|
|||||
Principal
|
Fair
|
||||
Amount
|
Value
|
||||
BANK LOANS - 86.46%
|
|||||
AEROSPACE & DEFENSE - 0.87%
|
|||||
Peraton Corp., Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 02/01/2028 (a)
|
$
|
1,246,875 |
$
|
1,252,673 | |
Transdigm, Inc.
|
|||||
Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 08/22/2024 (a)
|
531,810
|
525,869
|
|||
Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 12/09/2025 (a)
|
691,900
|
682,477
|
|||
2,461,019
|
|||||
AUTO RETAIL - 0.34%
|
|||||
CWGS Group, LLC, Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.50%, 0.750% Floor), 06/05/2028 (a)
|
498,750
|
495,012
|
|||
Mavis Tire Express Services Topco Corp., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 4.00%, 0.750% Floor), 05/04/2028 (a)
|
481,000
|
483,138
|
|||
978,150
|
|||||
AUTOMOTIVE - 1.50%
|
|||||
Adient U.S., LLC, Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 04/10/2028 (a)
|
716,000
|
717,232
|
|||
Clarios Global, L.P., Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 04/30/2026 (a)
|
690,741
|
685,778
|
|||
LS Group Opco Acquisition, LLC, Senior Secured First Lien Term Loan 4.25% (6 Month LIBOR USD + 3.50%, 0.750% Floor), 11/02/2027 (a)
|
1,014,900
|
1,016,803
|
|||
LTI Holdings, Inc., Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 09/08/2025 (a)
|
612,675
|
605,372
|
|||
Navistar, Inc., Senior Secured First Lien Term Loan 3.60% (1 Month LIBOR USD + 3.50%), 11/06/2024 (a)
|
1,221,793
|
1,224,236
|
|||
4,249,421
|
|||||
BUILDING PRODUCTS - 2.99%
|
|||||
Core & Main Holding, L.P., Senior Secured First Lien Term Loan 2.75% (LIBOR USD + 0.00%, 0.000 Floor), 06/09/2028 (a)(g)
|
1,268,860
|
1,263,315
|
|||
Cornerstone Building Brands, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 04/12/2028 (a)
|
934,658
|
935,943
|
|||
CPG International, Inc., Senior Secured First Lien Term Loan 3.25% (12 Month LIBOR USD + 2.50%, 0.750% Floor), 05/06/2024 (a)
|
1,111,519
|
1,112,808
|
|||
HD Supply Waterworks, Ltd.
|
|||||
Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 2.75%, 1.000% Floor), 08/01/2024 (a)
|
354,651
|
354,985
|
|||
Senior Secured First Lien Term Loan 3.75% (3 Month LIBOR USD + 2.75%, 1.000% Floor), 08/01/2024 (a)
|
233,999
|
234,218
|
|||
Henry Co., LLC, Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.00%, 1.000% Floor), 10/05/2023 (a)
|
766,894
|
770,153
|
|||
Illuminate Merger Sub Corp., Senior Secured First Lien Term Loan 4.00% (LIBOR USD + 0.00%), 06/30/2028 (a)(g)
|
663,000
|
659,685
|
|||
QUIKRETE Holdings, Inc.
|
|||||
Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 02/01/2027 (a)
|
1,405,952
|
1,395,407
|
|||
Senior Secured First Lien Term Loan 2.75% (LIBOR USD + 0.00%), 05/12/2028 (a)(g)
|
245,000
|
243,316
|
|||
SRS Distribution, Inc., Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.75%, 0.500% Floor), 06/04/2028 (a)
|
660,000
|
660,413
|
|||
TAMKO Building Products, LLC
|
|||||
Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 05/29/2026 (a)
|
291,740
|
291,560
|
|||
Senior Secured First Lien Term Loan 3.186% (3 Month LIBOR USD + 3.00%), 05/29/2026 (a)
|
96,285
|
96,225
|
|||
VC GB Holdings, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 02/28/2024 (a)
|
485,492
|
485,492
|
|||
8,503,520
|
|||||
CHEMICALS - 3.56%
|
|||||
Allnex S.A.R.L., Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.25%, 0.750% Floor), 09/13/2023 (a)
|
656,306
|
656,615
|
|||
Allnex U.S.A., Inc., Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.25%, 0.750% Floor), 09/13/2023 (a)
|
494,476
|
494,709
|
|||
Alpha 3 B.V., Senior Secured First Lien Term Loan 3.00% (3 Month LIBOR USD + 2.50%, 0.500% Floor), 03/17/2028 (a)
|
650,000
|
647,429
|
|||
ASP Unifrax Holdings, Inc., Senior Secured First Lien Term Loan 3.897% (3 Month LIBOR USD + 3.75%), 12/12/2025 (a)
|
589,801
|
583,655
|
|||
Colouroz Midco
|
|||||
Senior Secured First Lien Term Loan 5.25% (3 Month LIBOR USD + 4.25%, 1.000% Floor), 09/21/2023 (a)
|
863,831
|
862,756
|
|||
Senior Secured First Lien Term Loan 5.25% (3 Month LIBOR USD + 4.25%, 1.000% Floor), 09/21/2023 (a)
|
142,801
|
142,624
|
|||
Consolidated Energy Finance S.A., Senior Secured First Lien Term Loan 2.595% (1 Month LIBOR USD + 2.50%), 05/07/2025 (a)
|
489,838
|
475,958
|
|||
HB Fuller Co., Senior Secured First Lien Term Loan 2.093% (1 Month LIBOR USD + 2.00%), 10/21/2024 (a)
|
366,670
|
367,943
|
|||
LSF11 Skyscraper Holdco S.A.R.L., Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.50%, 0.750% Floor), 09/29/2027 (a)
|
828,923
|
832,031
|
|||
Lummus Technology Holdings V, LLC, Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 06/30/2027 (a)
|
1,024,856
|
1,020,095
|
|||
PMHC II, Inc., Senior Secured First Lien Term Loan 4.50% (3 Month LIBOR USD + 3.50%, 1.000% Floor), 03/31/2025 (a)
|
464,400
|
461,932
|
|||
Polar U.S. Borrower, LLC
|
|||||
Senior Secured First Lien Term Loan 4.831% (1 Month LIBOR USD + 4.75%), 10/15/2025 (a)
|
685,964
|
689,394
|
|||
Senior Secured First Lien Term Loan 4.897% (3 Month LIBOR USD + 4.75%), 10/15/2025 (a)
|
1,726
|
1,735
|
|||
Senior Secured First Lien Term Loan 4.953% (3 Month LIBOR USD + 4.75%), 10/15/2025 (a)
|
1,784
|
1,793
|
|||
PQ Corp., Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 06/09/2028 (a)
|
359,000
|
359,151
|
|||
SCIH Salt Holdings, Inc., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 4.00%, 0.750% Floor), 03/16/2027 (a)
|
448,875
|
450,325
|
|||
Solenis International, L.P.
|
|||||
Senior Secured First Lien Term Loan 4.135% (3 Month LIBOR USD + 4.00%), 06/26/2025 (a)
|
604,440
|
605,086
|
|||
Senior Secured Second Lien Term Loan 8.635% (3 Month LIBOR USD + 8.50%), 06/26/2026 (a)
|
215,000
|
215,779
|
|||
Spectrum Holdings III Corp., Senior Secured First Lien Term Loan 4.25% (6 Month LIBOR USD + 3.25%, 1.000% Floor), 01/31/2025 (a)
|
717,546
|
690,194
|
|||
Tronox Finance, LLC
|
|||||
Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 03/10/2028 (a)
|
225,692
|
224,543
|
|||
Senior Secured First Lien Term Loan 2.647% (3 Month LIBOR USD + 2.50%), 03/10/2028 (a)
|
346,154
|
344,392
|
|||
10,128,139
|
|||||
COMMERCIAL SERVICES - 6.59%
|
|||||
AlixPartners, LLP, Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 02/04/2028 (a)
|
1,816,448
|
1,810,643
|
|||
Allied Universal Holdco, LLC, Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.75%, 0.500% Floor), 05/12/2028 (a)
|
1,634,899
|
1,641,496
|
|||
Camelot U.S. Acquisition 1 Co.
|
|||||
Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 10/30/2026 (a)
|
793,646
|
791,265
|
|||
Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 10/30/2026 (a)
|
1,922,340
|
1,926,145
|
|||
Corelogic, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.50%, 0.500% Floor), 06/02/2028 (a)
|
1,250,000
|
1,248,281
|
|||
Deerfield Dakota Holding, LLC, Senior Secured First Lien Term Loan 4.75% (1 Month LIBOR USD + 3.75%, 1.000% Floor), 04/09/2027 (a)
|
1,355,729
|
1,363,959
|
|||
Dun & Bradstreet Corp., Senior Secured First Lien Term Loan 3.345% (1 Month LIBOR USD + 3.25%), 02/06/2026 (a)
|
638,396
|
636,101
|
|||
EAB Global, Inc.
|
|||||
Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 11/15/2024 (a)
|
481,424
|
481,525
|
|||
Senior Secured First Lien Term Loan 4.00% (LIBOR USD + 0.00%), 06/28/2028 (a)(g)
|
1,108,000
|
1,108,000
|
|||
Garda World Security Corp., Senior Secured First Lien Term Loan 4.35% (1 Month LIBOR USD + 4.25%), 10/30/2026 (a)
|
895,876
|
901,314
|
|||
Guidehouse, LLP, Senior Secured First Lien Term Loan 4.093% (1 Month LIBOR USD + 4.00%), 05/01/2025 (a)
|
947,625
|
951,008
|
|||
Indy U.S. BIDCO, LLC, Senior Secured First Lien Term Loan 4.08% (1 Month LIBOR USD + 4.00%), 03/06/2028 (a)
|
849,870
|
852,526
|
|||
INEOS U.S. Petrochem, LLC, Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 01/29/2026 (a)
|
500,000
|
499,375
|
|||
IRI Holdings, Inc., Senior Secured First Lien Term Loan 4.354% (1 Month LIBOR USD + 4.25%), 12/01/2025 (a)
|
1,774,826
|
1,776,308
|
|||
KAR Auction Services, Inc., Senior Secured First Lien Term Loan 2.375% (1 Month LIBOR USD + 2.25%), 09/21/2026 (a)
|
661,381
|
654,354
|
|||
Skopima Merger Sub, Inc., Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 4.00%, 0.500% Floor), 05/12/2028 (a)
|
299,226
|
299,367
|
|||
Tempo Acquisition, LLC, Senior Secured First Lien Term Loan 2.843% (1 Month LIBOR USD + 2.75%), 05/01/2024 (a)
|
1,791,764
|
1,791,021
|
|||
18,732,688
|
|||||
CONSTRUCTION & ENGINEERING - 1.17%
|
|||||
Amentum Government Services Holdings, LLC, Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 02/01/2027 (a)
|
947,430
|
947,548
|
|||
American Residential Services, LLC, Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.50%, 0.750% Floor), 10/15/2027 (a)
|
675,605
|
675,605
|
|||
Api Group DE, Inc., Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 10/01/2026 (a)
|
562,343
|
562,343
|
|||
Brand Industrial Services, Inc., Senior Secured First Lien Term Loan 5.25% (3 Month LIBOR USD + 4.25%, 1.000% Floor), 06/21/2024 (a)
|
691,798
|
681,528
|
|||
Tiger Acquisition, LLC, Senior Secured First Lien Term Loan 3.75% (3 Month LIBOR USD + 3.25%, 0.500% Floor), 06/01/2028 (a)
|
470,000
|
469,561
|
|||
3,336,585
|
|||||
CONSUMER DISCRETIONARY - 1.32%
|
|||||
Champ Acquisition Corp.
|
|||||
Senior Secured First Lien Term Loan 5.703% (3 Month LIBOR USD + 5.50%), 12/19/2025 (a)
|
88,964
|
89,501
|
|||
Senior Secured First Lien Term Loan 5.757% (6 Month LIBOR USD + 5.50%), 12/19/2025 (a)
|
89,776
|
90,319
|
|||
Kontoor Brands, Inc.
|
|||||
Senior Secured First Lien Term Loan 4.343% (1 Month LIBOR USD + 4.25%), 05/15/2026 (a)
|
153,000
|
153,573
|
|||
Senior Secured First Lien Term Loan 4.344% (1 Week LIBOR USD + 4.25%), 05/15/2026 (a)
|
35,417
|
35,550
|
|||
Learning Care Group (U.S.) No. 2, Inc.
|
|||||
Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.25%, 1.000% Floor), 03/13/2025 (a)
|
27,751
|
27,339
|
|||
Senior Secured First Lien Term Loan 4.25% (6 Month LIBOR USD + 3.25%, 1.000% Floor), 03/13/2025 (a)
|
431,931
|
425,512
|
|||
Prometric Holdings, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 01/29/2025 (a)
|
971,122
|
959,955
|
|||
SIWF Holdings, Inc., Senior Secured First Lien Term Loan 4.354% (1 Month LIBOR USD + 4.25%), 06/13/2025 (a)
|
562,600
|
564,077
|
|||
Tory Burch, LLC, Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.50%, 0.500% Floor), 04/14/2028 (a)
|
375,000
|
374,687
|
|||
Wand NewCo 3, Inc., Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 02/05/2026 (a)
|
788,960
|
780,649
|
|||
WW International, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.50%, 0.500% Floor), 04/13/2028 (a)
|
247,000
|
248,029
|
|||
3,749,191
|
|||||
CONSUMER NON-DISCRETIONARY - 1.08%
|
|||||
Alphabet Holding Co.
|
|||||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 09/26/2024 (a)
|
903,438
|
903,470
|
|||
Senior Secured Second Lien Term Loan 7.854% (1 Month LIBOR USD + 7.75%), 09/26/2025 (a)
|
153,125
|
153,819
|
|||
Hoffmaster Group, Inc., Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.00%, 1.000% Floor), 11/21/2023 (a)
|
716,250
|
692,703
|
|||
Kronos Acquisition Holdings, Inc., Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.75%, 0.500% Floor), 12/22/2026 (a)
|
781,075
|
776,600
|
|||
Reynolds Consumer Products, LLC, Senior Secured First Lien Term Loan 1.854% (1 Month LIBOR USD + 1.75%), 02/04/2027 (a)
|
537,098
|
533,642
|
|||
3,060,234
|
|||||
ENVIRONMENTAL SERVICES - 1.26%
|
|||||
Asplundh Tree Expert, LLC, Senior Secured First Lien Term Loan 1.854% (1 Month LIBOR USD + 1.75%), 09/07/2027 (a)
|
635,200
|
633,831
|
|||
Belfor Holdings, Inc., Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 04/06/2026 (a)
|
505,486
|
506,117
|
|||
Brightview Landscapes, LLC, Senior Secured First Lien Term Loan 2.625% (1 Month LIBOR USD + 2.50%), 08/15/2025 (a)
|
1,110,650
|
1,107,873
|
|||
Strategic Materials Holdings Corp., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 11/01/2024 (a)
|
916,750
|
833,097
|
|||
WIN Waste Innovations Holdings, Inc., Senior Secured First Lien Term Loan 3.25% (3 Month LIBOR USD + 2.75%, 0.500% Floor), 03/24/2028 (a)
|
494,000
|
493,896
|
|||
3,574,814
|
|||||
FINANCIALS - DIVERSIFIED - 1.56%
|
|||||
BIFM CA Buyer, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 05/29/2026 (a)
|
492,621
|
491,008
|
|||
Senior Secured First Lien Delayed-Draw Term Loan 3.896% (LIBOR USD + 0.00%), 05/31/2026 (a)(g)
|
56,122
|
55,939
|
|||
Blackstone Mortgage Trust, Inc., Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 04/23/2026 (a)
|
574,763
|
570,210
|
|||
Focus Financial Partners, LLC, Senior Secured First Lien Term Loan 2.104% (1 Month LIBOR USD + 2.00%), 07/03/2024 (a)
|
613,904
|
608,621
|
|||
Micro Holding Corp., Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 09/13/2024 (a)
|
688,777
|
686,721
|
|||
Starwood Property Mortgage, LLC, Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 07/27/2026 (a)
|
466,688
|
465,231
|
|||
Tecta America Corp., Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.25%, 0.750% Floor), 04/06/2028 (a)
|
438,000
|
439,369
|
|||
Titan AcquisitionCo New Zealand, Ltd., Senior Secured First Lien Term Loan 4.147% (3 Month LIBOR USD + 4.00%), 05/01/2026 (a)
|
452,094
|
451,814
|
|||
VFH Parent, LLC, Senior Secured First Lien Term Loan 3.093% (1 Month LIBOR USD + 3.00%), 03/02/2026 (a)
|
664,487
|
662,672
|
|||
4,431,585
|
|||||
FINANCIALS - INSURANCE - 2.57%
|
|||||
Acrisure, LLC, Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 02/16/2027 (a)
|
646,203
|
640,213
|
|||
AssuredPartners, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 02/12/2027 (a)
|
646,766
|
644,208
|
|||
Senior Secured First Lien Term Loan 5.50% (LIBOR USD + 0.00%), 02/12/2027 (a)(g)
|
365,000
|
366,232
|
|||
Asurion, LLC
|
|||||
Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 11/03/2023 (a)
|
407,279
|
405,626
|
|||
Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 12/23/2026 (a)
|
3,420,164
|
3,385,432
|
|||
Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 07/30/2027 (a)
|
798,000
|
789,852
|
|||
Senior Secured Second Lien Term Loan 5.354% (1 Month LIBOR USD + 5.25%), 01/31/2028 (a)
|
340,000
|
343,188
|
|||
HUB International, Ltd.
|
|||||
Senior Secured First Lien Term Loan 2.926% (3 Month LIBOR USD + 2.75%), 04/25/2025 (a)
|
384,642
|
380,830
|
|||
Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.25%, 0.750% Floor), 04/25/2025 (a)
|
344,768
|
345,226
|
|||
7,300,807
|
|||||
FOOD & BEVERAGE - 1.29%
|
|||||
Froneri U.S., Inc., Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 01/29/2027 (a)
|
643,500
|
634,774
|
|||
H-Food Holdings, LLC
|
|||||
Senior Secured First Lien Term Loan 3.792% (1 Month LIBOR USD + 3.6875%), 05/23/2025 (a)
|
882,700
|
878,494
|
|||
Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 05/23/2025 (a)
|
121,875
|
121,799
|
|||
Sunshine Investments B.V., Senior Secured First Lien Term Loan 3.156% (3 Month LIBOR USD + 3.00%), 03/28/2025 (a)
|
235,200
|
234,612
|
|||
Triton Water Holdings, Inc., Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.50%, 0.500% Floor), 03/31/2028 (a)
|
1,787,000
|
1,787,250
|
|||
3,656,929
|
|||||
HEALTHCARE - EQUIPMENT & SUPPLIES - 2.66%
|
|||||
athenahealth, Inc., Senior Secured First Lien Term Loan 4.41% (3 Month LIBOR USD + 4.25%), 02/11/2026 (a)
|
887,226
|
890,833
|
|||
Aveanna Healthcare, LLC
|
|||||
Senior Secured First Lien Term Loan 4.25% (LIBOR USD + 0.00%), 06/30/2028 (a)(g)
|
960,604
|
955,801
|
|||
Senior Secured First Lien Delayed-Draw Term Loan 4.50% (LIBOR USD + 0.00%), 06/30/2028 (a)(g)
|
223,396
|
222,279
|
|||
Greatbatch, Ltd., Senior Secured First Lien Term Loan 3.50% (1 Month LIBOR USD + 2.50%, 1.000% Floor), 10/27/2022 (a)
|
418,463
|
419,614
|
|||
Greenway Health, LLC, Senior Secured First Lien Term Loan 4.75% (6 Month LIBOR USD + 3.75%, 1.000% Floor), 02/16/2024 (a)
|
624,000
|
591,758
|
|||
Insulet Corp., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 05/04/2028 (a)
|
780,000
|
782,683
|
|||
Milano Acquisition Corp., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 4.00%, 0.750% Floor), 10/01/2027 (a)
|
941,659
|
946,367
|
|||
MPH Acquisition Holdings, LLC, Senior Secured First Lien Term Loan 3.75% (3 Month LIBOR USD + 2.75%, 1.000% Floor), 06/07/2023 (a)
|
1,345,130
|
1,342,917
|
|||
Navicure, Inc., Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 10/22/2026 (a)
|
999,141
|
1,002,264
|
|||
Vizient, Inc., Senior Secured First Lien Term Loan 2.104% (1 Month LIBOR USD + 2.00%), 05/06/2026 (a)
|
402,730
|
400,163
|
|||
7,554,679
|
|||||
HEALTHCARE - FACILITIES - 4.56%
|
|||||
AccentCare, Inc., Senior Secured First Lien Term Loan 4.135% (3 Month LIBOR USD + 4.00%), 06/22/2026 (a)
|
515,000
|
516,128
|
|||
ADMI Corp.
|
|||||
Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 12/23/2027 (a)
|
756,105
|
748,703
|
|||
Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.75%, 0.500% Floor), 12/23/2027 (a)
|
650,000
|
650,003
|
|||
AHP Health Partners, Inc., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 06/30/2025 (a)
|
599,485
|
601,640
|
|||
Bioscrip, Inc., Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 08/06/2026 (a)
|
1,403,575
|
1,406,207
|
|||
CHG Healthcare Services, Inc., Senior Secured First Lien Term Loan 4.00% (6 Month LIBOR USD + 3.00%, 1.000% Floor), 06/07/2023 (a)
|
1,627,588
|
1,627,930
|
|||
Envision Healthcare Corp., Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 10/10/2025 (a)
|
813,722
|
699,292
|
|||
Examworks Group, Inc., Senior Secured First Lien Term Loan 4.25% (6 Month LIBOR USD + 3.25%, 1.000% Floor), 07/27/2023 (a)
|
1,545,452
|
1,548,714
|
|||
Gentiva Health Services, Inc., Senior Secured First Lien Term Loan 2.875% (1 Month LIBOR USD + 2.75%), 07/02/2025 (a)
|
642,462
|
641,861
|
|||
Global Medical Response, Inc.
|
|||||
Senior Secured First Lien Term Loan 5.25% (6 Month LIBOR USD + 4.25%, 1.000% Floor), 03/14/2025 (a)
|
371,525
|
372,983
|
|||
Senior Secured First Lien Term Loan 5.75% (6 Month LIBOR USD + 4.75%, 1.000% Floor), 10/02/2025 (a)
|
537,300
|
540,322
|
|||
Heartland Dental, LLC
|
|||||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 04/30/2025 (a)
|
815,470
|
807,544
|
|||
Senior Secured First Lien Term Loan 4.073% (1 Month LIBOR USD + 4.00%), 04/30/2025 (a)
|
1,125,000
|
1,124,471
|
|||
RegionalCare Hospital Partners Holdings, Inc., Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 11/14/2025 (a)
|
641,549
|
640,811
|
|||
Sotera Health Holdings, LLC, Senior Secured First Lien Term Loan 3.25% (3 Month LIBOR USD + 2.75%, 0.500% Floor), 12/11/2026 (a)
|
611,000
|
609,601
|
|||
Team Health Holdings, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 2.75%, 1.000% Floor), 02/06/2024 (a)
|
436,006
|
424,741
|
|||
12,960,951
|
|||||
HEALTHCARE - LIFE SCIENCES - 2.25%
|
|||||
Albany Molecular Research, Inc.,
|
|||||
Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.25%, 1.000% Floor), 08/28/2024 (a)
|
592,924
|
594,513
|
|||
Senior Secured First Lien Term Loan 4.50% (3 Month LIBOR USD + 3.50%, 1.000% Floor), 08/30/2024 (a)
|
331,908
|
333,153
|
|||
Avantor Funding, Inc., Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.25%, 1.000% Floor), 11/08/2027 (a)
|
786,156
|
787,383
|
|||
Cambrex Corp., Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.50%, 0.750% Floor), 12/04/2026 (a)
|
784,605
|
787,551
|
|||
ICON Luxembourg S.A.R.L., Senior Secured First Lien Term Loan 3.00% (3 Month LIBOR USD + 2.50%, 0.500% Floor), 07/03/2028 (a)
|
191,079 | 191,601 | |||
ICON U.S. Holdings, Inc., Senior Secured First Lien Term Loan 3.00% (3 Month LIBOR USD + 2.50%, 0.500% Floor), 07/03/2028 (a)
|
766,921
|
769,019
|
|||
Parexel International Corp., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 09/27/2024 (a)
|
1,472,450
|
1,466,126
|
|||
PPD, Inc., Senior Secured First Lien Term Loan 2.75% (1 Month LIBOR USD + 2.25%, 0.500% Floor), 01/13/2028 (a)
|
1,458,345
|
1,458,462
|
|||
6,387,808
|
|||||
HEALTHCARE - MANAGED HEALTH CARE - 0.61%
|
|||||
Bella Holding Co., LLC, Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 05/10/2028 (a)
|
461,000
|
461,798
|
|||
Verscend Holding Corp., Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 08/27/2025 (a)
|
1,275,456
|
1,280,468
|
|||
1,742,266
|
|||||
HEALTHCARE - PHARMACEUTICALS & BIOTECHNOLOGY - 1.32%
|
|||||
Amneal Pharmaceuticals, LLC, Senior Secured First Lien Term Loan 3.625% (1 Month LIBOR USD + 3.50%), 05/05/2025 (a)
|
383,943
|
377,704
|
|||
Bausch Health Cos., Inc., Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 06/02/2025 (a)
|
1,388,381
|
1,383,959
|
|||
Grifols Worldwide Operations U.S.A., Inc., Senior Secured First Lien Term Loan 2.088% (1 Week LIBOR USD + 2.00%), 11/15/2027 (a)
|
680,396
|
674,317
|
|||
Jazz Pharmaceuticals, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.50%, 0.500% Floor), 05/05/2028 (a)
|
680,000
|
682,920
|
|||
Organon & Co., Senior Secured First Lien Term Loan 3.50% (6 Month LIBOR USD + 3.00%, 0.500% Floor), 06/02/2028 (a)
|
643,000
|
644,476
|
|||
3,763,376
|
|||||
INDUSTRIAL MACHINERY - 3.82%
|
|||||
Blount International, Inc., Senior Secured First Lien Term Loan 4.75% (1 Month LIBOR USD + 3.75%, 1.000% Floor), 04/12/2023 (a)
|
599,625
|
602,248
|
|||
Brookfield WEC Holdings, Inc., Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 08/01/2025 (a)
|
992,468
|
984,126
|
|||
Clark Equipment Co., Senior Secured First Lien Term Loan 2.397% (3 Month LIBOR USD + 2.25%), 05/17/2024 (a)
|
1,402,485
|
1,401,785
|
|||
Columbus McKinnon Corp., Senior Secured First Lien Term Loan 3.25% (1 Month LIBOR USD + 2.75%, 0.500% Floor), 05/15/2028 (a)
|
452,000
|
452,565
|
|||
Conair Holdings, LLC, Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.75%, 0.500% Floor), 05/17/2028 (a)
|
985,000
|
988,324
|
|||
CPM Holdings, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.592% (1 Month LIBOR USD + 3.50%), 11/17/2025 (a)
|
584,999
|
581,635
|
|||
Senior Secured Second Lien Term Loan 8.342% (1 Month LIBOR USD + 8.25%), 11/16/2026 (a)
|
219,444
|
217,616
|
|||
Filtration Group Corp., Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 03/31/2025 (a)
|
1,037,163
|
1,039,626
|
|||
Helix Acquisition Holdings, Inc., Senior Secured First Lien Term Loan 3.897% (3 Month LIBOR USD + 3.75%), 09/30/2024 (a)
|
615,666
|
599,794
|
|||
Madison IAQ, LLC, Senior Secured First Lien Term Loan 3.75% (3 Month LIBOR USD + 3.25%, 0.500% Floor), 06/21/2028 (a)
|
611,000
|
612,051
|
|||
Osmosis Debt Merger Sub, Inc.
|
|||||
Senior Secured First Lien Term Loan 4.50% (LIBOR USD + 0.00%), 06/16/2028 (a)(g)
|
808,889
|
811,922
|
|||
Senior Secured First Lien Term Loan 4.50% (LIBOR USD + 0.00%), 06/16/2028 (a)(g)
|
101,111
|
101,490
|
|||
Penn Engineering & Manufacturing Corp., Senior Secured First Lien Term Loan 3.50% (1 Month LIBOR USD + 2.50%, 1.000% Floor), 06/27/2024 (a)
|
593,382
|
595,607
|
|||
Vertical Midco GMBH, Senior Secured First Lien Term Loan 4.00% (LIBOR USD + 0.00%), 07/29/2027 (a)(g)
|
160,000
|
160,000
|
|||
Vertical U.S. Newco, Inc., Senior Secured First Lien Term Loan 4.478% (6 Month LIBOR USD + 4.25%), 07/30/2027 (a)
|
461,521
|
462,772
|
|||
Vertiv Group Corp., Senior Secured First Lien Term Loan 2.836% (1 Month LIBOR USD + 2.75%), 03/02/2027 (a)
|
1,239,360
|
1,233,715
|
|||
10,845,276
|
|||||
LEISURE - CASINOS & GAMING - 2.44%
|
|||||
Aristocrat International PTY, Ltd., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 10/21/2024 (a)
|
475,200
|
476,685
|
|||
Caesars Resort Collection, LLC, Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 12/23/2024 (a)
|
752,700
|
747,156
|
|||
Entain PLC, Senior Secured First Lien Term Loan 3.00% (6 Month LIBOR USD + 2.00%, 1.000% Floor), 03/29/2024 (a)
|
464,400
|
463,095
|
|||
Everi Holdings, Inc., Senior Secured First Lien Term Loan 2.75% (LIBOR USD + 0.00%), 06/30/2028 (a)(g)
|
465,000
|
463,838
|
|||
Golden Entertainment, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.00%, 0.750% Floor), 10/21/2024 (a)
|
555,747
|
554,011
|
|||
Penn National Gaming, Inc., Senior Secured First Lien Term Loan 3.00% (1 Month LIBOR USD + 2.25%, 0.750% Floor), 10/15/2025 (a)
|
1,420,000
|
1,417,522
|
|||
Scientific Games International, Inc., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 08/14/2024 (a)
|
967,682
|
961,905
|
|||
Stars Group Holdings B.V., Senior Secured First Lien Term Loan 3.647% (3 Month LIBOR USD + 3.50%), 07/10/2025 (a)
|
1,025,550
|
1,027,667
|
|||
Station Casinos, LLC, Senior Secured First Lien Term Loan 2.50% (1 Month LIBOR USD + 2.25%, 0.250% Floor), 02/08/2027 (a)
|
834,400
|
825,884
|
|||
6,937,763
|
|||||
LEISURE - HOTELS - 1.66%
|
|||||
Alterra Mountain Co., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 07/31/2024 (a)
|
1,176,874
|
1,165,104
|
|||
Four Seasons Hotels, Ltd., Senior Secured First Lien Term Loan 2.104% (1 Month LIBOR USD + 2.00%), 11/30/2023 (a)
|
496,793
|
495,792
|
|||
Hilton Grand Vacations Borrower, LLC, Senior Secured First Lien Term Loan 2.50% (LIBOR USD + 0.00%), 05/19/2028 (a)(g)
|
444,000
|
444,764
|
|||
Lakeland Tours, LLC
|
|||||
Senior Secured First Lien Term Loan 7.25% (3 Month LIBOR USD + 6.00%, 1.250% Floor), 09/25/2023 (a)
|
111,873
|
112,880
|
|||
Senior Secured First Lien Term Loan 2.75% (1 Month LIBOR USD + 1.50%, 1.250% Floor), 09/25/2025 (a)
|
223,153
|
192,750
|
|||
Senior Secured First Lien Term Loan 2.75% (3 Month LIBOR USD + 1.50%, 1.250% Floor), 09/25/2025 (a)
|
177,762
|
173,984
|
|||
Senior Secured First Lien Term Loan 13.25%, 09/27/2027
|
240,703
|
135,595
|
|||
SeaWorld Parks & Entertainment, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.00%, 0.750% Floor), 04/01/2024 (a)
|
968,340
|
962,893
|
|||
United PF Holdings, LLC, Senior Secured First Lien Term Loan 4.203% (3 Month LIBOR USD + 4.00%), 12/30/2026 (a)
|
1,055,013
|
1,030,748
|
|||
4,714,510
|
|||||
LEISURE - RESTAURANTS - 0.81%
|
|||||
IRB Holding Corp.
|
|||||
Senior Secured First Lien Term Loan 3.75% (6 Month LIBOR USD + 2.75%, 1.000% Floor), 02/05/2025 (a)
|
746,239
|
745,847
|
|||
Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.25%, 1.000% Floor), 12/15/2027 (a)
|
656,700
|
657,472
|
|||
Tacala, LLC, Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 02/05/2027 (a)
|
907,175
|
908,949
|
|||
2,312,268
|
|||||
MEDIA - BROADCASTING - 2.90%
|
|||||
CBS Radio, Inc., Senior Secured First Lien Term Loan 2.595% (1 Month LIBOR USD + 2.50%), 11/18/2024 (a)
|
481,535
|
477,743
|
|||
Diamond Sports Group, LLC, Senior Secured First Lien Term Loan 3.36% (1 Month LIBOR USD + 3.25%), 08/24/2026 (a)
|
677,071
|
413,017
|
|||
EW Scripps Co.
|
|||||
Senior Secured First Lien Term Loan 3.313% (1 Month LIBOR USD + 2.5625%, 0.750% Floor), 05/01/2026 (a)
|
933,596
|
931,846
|
|||
Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.00%, 0.750% Floor), 01/07/2028 (a)
|
1,165,476
|
1,166,449
|
|||
Gray Television, Inc., Senior Secured First Lien Term Loan 2.592% (1 Month LIBOR USD + 2.50%), 01/02/2026 (a)
|
446,063
|
444,504
|
|||
Hubbard Radio, LLC, Senior Secured First Lien Term Loan 5.25% (3 Month LIBOR USD + 4.25%, 1.000% Floor), 03/28/2025 (a)
|
561,459
|
557,950
|
|||
iHeartCommunications, Inc., Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 05/01/2026 (a)
|
857,935
|
851,681
|
|||
Learfield Communications, LLC, Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.25%, 1.000% Floor), 12/01/2023 (a)
|
743,178
|
720,418
|
|||
Nexstar Broadcasting, Inc.
|
|||||
Senior Secured First Lien Term Loan 2.345% (1 Month LIBOR USD + 2.25%), 01/17/2024 (a)
|
120,691
|
120,399
|
|||
Senior Secured First Lien Term Loan 2.592% (1 Month LIBOR USD + 2.50%), 09/18/2026 (a)
|
1,082,221
|
1,081,090
|
|||
Sinclair Television Group, Inc., Senior Secured First Lien Term Loan 2.61% (1 Month LIBOR USD + 2.50%), 09/30/2026 (a)
|
928,463
|
917,293
|
|||
Univision Communications, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 2.75%, 1.000% Floor), 03/15/2024 (a)
|
563,223
|
563,400
|
|||
8,245,790
|
|||||
MEDIA - CABLE & SATELLITE - 4.50%
|
|||||
Block Communications, Inc., Senior Secured First Lien Term Loan 2.397% (3 Month LIBOR USD + 2.25%), 02/25/2027 (a)
|
578,675
|
577,709
|
|||
Connect U.S. Finco, LLC, Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.50%, 1.000% Floor), 12/11/2026 (a)
|
1,234,375
|
1,237,467
|
|||
Coral-U.S. Co-Borrower, LLC, Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 01/31/2028 (a)
|
585,000
|
576,637
|
|||
Maxar Technologies, Ltd., Senior Secured First Lien Term Loan 2.843% (1 Month LIBOR USD + 2.75%), 10/04/2024 (a)
|
1,540,786
|
1,528,752
|
|||
Radiate Holdco, LLC, Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.50%, 0.750% Floor), 09/25/2026 (a)
|
945,250
|
947,301
|
|||
Telenet Financing USD, LLC, Senior Secured First Lien Term Loan 2.073% (1 Month LIBOR USD + 2.00%), 04/28/2028 (a)
|
2,230,000
|
2,202,683
|
|||
Telesat Canada, Senior Secured First Lien Term Loan 2.86% (1 Month LIBOR USD + 2.75%), 12/07/2026 (a)
|
1,292,907
|
1,218,294
|
|||
UPC Financing Partnership
|
|||||
Senior Secured First Lien Term Loan 2.323% (1 Month LIBOR USD + 2.25%), 04/28/2028 (a)
|
765,000
|
756,792
|
|||
Senior Secured First Lien Term Loan 3.073% (1 Month LIBOR USD + 3.00%), 01/31/2029 (a)
|
125,000
|
124,359
|
|||
Virgin Media Bristol, LLC, Senior Secured First Lien Term Loan 2.573% (1 Month LIBOR USD + 2.50%), 01/31/2028 (a)
|
1,035,000
|
1,026,880
|
|||
WideOpenWest Finance, LLC, Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.25%, 1.000% Floor), 08/18/2023 (a)
|
1,256,382
|
1,256,646
|
|||
Xplornet Communications, Inc., Senior Secured First Lien Term Loan 4.854% (1 Month LIBOR USD + 4.75%), 06/10/2027 (a)
|
1,345,481
|
1,347,882
|
|||
12,801,402
|
|||||
MEDIA - DIVERSIFIED - 2.95%
|
|||||
ABG Intermediate Holdings 2, LLC, Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.25%, 0.750% Floor), 09/27/2024 (a)
|
2,520,379
|
2,521,777
|
|||
Arches Buyer, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 12/06/2027 (a)
|
1,328,325
|
1,326,757
|
|||
Buzz Finco, LLC, Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 01/29/2027 (a)
|
93,705
|
93,705
|
|||
Buzz Merger Sub, Ltd., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 01/29/2027 (a)
|
622,125
|
620,766
|
|||
Getty Images, Inc., Senior Secured First Lien Term Loan 4.625% (1 Month LIBOR USD + 4.50%), 02/19/2026 (a)
|
847,889
|
848,419
|
|||
Harland Clarke Holdings Corp., Senior Secured First Lien Term Loan 5.75% (3 Month LIBOR USD + 4.75%, 1.000% Floor), 11/03/2023 (a)
|
646,291
|
581,614
|
|||
Match Group, Inc., Senior Secured First Lien Term Loan 1.906% (3 Month LIBOR USD + 1.75%), 02/15/2027 (a)
|
575,000
|
569,250
|
|||
Meredith Corp., Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 01/31/2025 (a)
|
1,169,148
|
1,165,862
|
|||
Red Ventures, LLC, Senior Secured First Lien Term Loan 2.604% (1 Month LIBOR USD + 2.50%), 11/08/2024 (a)
|
666,968
|
659,835
|
|||
8,387,985
|
|||||
MEDIA - ENTERTAINMENT - 3.77%
|
|||||
CDS U.S. Intermediate Holdings, Inc., Senior Secured First Lien Term Loan 7.00% (3 Month LIBOR USD + 6.00%, 1.000% Floor), 11/24/2025 (a)
|
642,873
|
643,516
|
|||
Cirque Du Soleil Holding, Senior Secured Second Lien Term Loan 2.00% (3 Month LIBOR USD + 1.00%, 1.000% Floor), 11/24/2027 (a)
|
360,123
|
359,673
|
|||
Creative Artists Agency, LLC, Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 11/26/2026 (a)
|
1,238,334
|
1,235,727
|
|||
Crown Finance U.S., Inc.
|
|||||
Senior Secured First Lien Term Loan 7.00%, 05/23/2024
|
307,464
|
388,667
|
|||
Senior Secured First Lien Term Loan 3.50% (3 Month LIBOR USD + 2.50%, 1.000% Floor), 02/28/2025 (a)
|
703,497
|
621,754
|
|||
Lions Gate Capital Holdings, LLC, Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 03/24/2025 (a)
|
439,129
|
437,575
|
|||
Metro-Goldwyn-Mayer, Inc., Senior Secured Second Lien Term Loan 5.50% (1 Month LIBOR USD + 4.50%, 1.000% Floor), 07/03/2026 (a)
|
635,000
|
637,381
|
|||
Nascar Holdings, LLC, Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 10/19/2026 (a)
|
604,955
|
602,914
|
|||
Playtika Holding Corp., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 03/13/2028 (a)
|
1,793,505
|
1,787,802
|
|||
UFC Holdings, LLC, Senior Secured First Lien Term Loan 3.75% (6 Month LIBOR USD + 3.00%, 0.750% Floor), 04/29/2026 (a)
|
1,395,129
|
1,395,129
|
|||
William Morris Endeavor Entertainment, LLC
|
|||||
Senior Secured First Lien Term Loan 2.846% (1 Month LIBOR USD + 2.75%), 05/16/2025 (a)
|
1,933,309
|
1,902,503
|
|||
Senior Secured First Lien Term Loan 2.86% (1 Month LIBOR USD + 2.75%), 05/16/2025 (a)
|
78,158
|
76,912
|
|||
WMG Acquisition Corp., Senior Secured First Lien Term Loan 2.229% (1 Month LIBOR USD + 2.125%), 01/20/2028 (a)
|
637,000
|
633,019
|
|||
10,722,572
|
|||||
METALS & MINING - 0.27%
|
|||||
Atkore International, Inc., Senior Secured First Lien Term Loan 2.50% (3 Month LIBOR USD + 2.00%, 0.500% Floor), 05/18/2028 (a)
|
415,000
|
415,259
|
|||
GrafTech Finance, Inc., Senior Secured First Lien Term Loan 3.50% (1 Month LIBOR USD + 3.00%, 0.500% Floor), 02/12/2025 (a)
|
352,777
|
353,659
|
|||
768,918
|
|||||
MIDSTREAM - STORAGE & TRANSPORT - 1.43%
|
|||||
Brazos Delaware II, LLC, Senior Secured First Lien Term Loan 4.093% (1 Month LIBOR USD + 4.00%), 05/21/2025 (a)
|
392,709
|
384,048
|
|||
Buckeye Partners, L.P., Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 11/02/2026 (a)
|
686,339
|
682,478
|
|||
DT Midstream, Inc.
|
|||||
Senior Secured First Lien Term Loan 2.50% (3 Month LIBOR USD + 2.00%, 0.500% Floor), 06/12/2028 (a)
|
57,500
|
57,669
|
|||
Senior Secured First Lien Term Loan 2.50% (6 Month LIBOR USD + 2.00%, 0.500% Floor), 06/12/2028 (a)
|
517,500
|
519,024
|
|||
Lower Cadence Holdings, LLC, Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 05/22/2026 (a)
|
647,877
|
644,696
|
|||
Lucid Energy Group II Borrower, LLC, Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 02/18/2025 (a)
|
449,378
|
446,087
|
|||
Northriver Midstream Finance, L.P., Senior Secured First Lien Term Loan 3.452% (3 Month LIBOR USD + 3.25%), 10/01/2025 (a)
|
734,238
|
728,984
|
|||
Traverse Midstream Partners, LLC, Senior Secured First Lien Term Loan 6.50% (1 Month LIBOR USD + 5.50%, 1.000% Floor), 09/27/2024 (a)
|
596,779
|
600,512
|
|||
4,063,498
|
|||||
OIL & GAS - EQUIPMENT & SERVICES - 0.14%
|
|||||
U.S. Silica Co., Senior Secured First Lien Term Loan 5.00% (1 Month LIBOR USD + 4.00%, 1.000% Floor), 05/01/2025 (a)
|
406,283
|
389,526
|
|||
PACKAGING - 1.32%
|
|||||
Ball Metalpack Finco, LLC, Senior Secured First Lien Term Loan 4.635% (3 Month LIBOR USD + 4.50%), 07/31/2025 (a)
|
729,950
|
726,606
|
|||
Mauser Packaging Solutions Holding Co., Senior Secured First Lien Term Loan 3.397% (3 Month LIBOR USD + 3.25%), 04/03/2024 (a)
|
1,411,008
|
1,379,591
|
|||
Pregis Topco, LLC
|
|||||
Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 07/31/2026 (a)
|
536,825
|
537,362
|
|||
Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 4.00%, 0.500% Floor), 07/31/2026 (a)
|
550,000
|
551,375
|
|||
Sabert Corp., Senior Secured First Lien Term Loan 5.50% (1 Month LIBOR USD + 4.50%, 1.000% Floor), 12/10/2026 (a)
|
548,189
|
548,877
|
|||
3,743,811
|
|||||
RETAIL - FOOD & DRUG - 0.93%
|
|||||
BJ's Wholesale Club, Inc., Senior Secured First Lien Term Loan 2.073% (1 Month LIBOR USD + 2.00%), 02/02/2024 (a)
|
1,320,230
|
1,321,755
|
|||
JP Intermediate B, LLC, Senior Secured First Lien Term Loan 6.50% (3 Month LIBOR USD + 5.50%, 1.000% Floor), 11/20/2025 (a)
|
570,690
|
556,137
|
|||
U.S. Foods, Inc., Senior Secured First Lien Term Loan 1.843% (1 Month LIBOR USD + 1.75%), 06/27/2023 (a)
|
759,606
|
753,328
|
|||
2,631,220
|
|||||
RETAILING - 2.01%
|
|||||
Autokiniton U.S. Holdings, Inc., Senior Secured First Lien Term Loan 5.00% (1 Month LIBOR USD + 4.50%, 0.500% Floor), 04/06/2028 (a)
|
430,000
|
433,898
|
|||
Belron Finance U.S., LLC, Senior Secured First Lien Term Loan 3.25% (3 Month LIBOR USD + 2.75%, 0.500% Floor), 04/13/2028 (a)
|
513,713
|
513,820
|
|||
Great Outdoors Group, LLC, Senior Secured First Lien Term Loan 5.00% (6 Month LIBOR USD + 4.25%, 0.750% Floor), 03/06/2028 (a)
|
1,167,135
|
1,172,789
|
|||
Harbor Freight Tools U.S.A., Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.00%, 0.750% Floor), 10/19/2027 (a)
|
726,350
|
727,400
|
|||
Hoya Midco, LLC, Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.50%, 1.000% Floor), 06/28/2024 (a)
|
852,562
|
849,365
|
|||
Jo-Ann Stores, LLC, Senior Secured First Lien Term Loan 6.00% (1 Month LIBOR USD + 5.00%, 1.000% Floor), 10/20/2023 (a)
|
415,032
|
415,084
|
|||
Michaels Cos., Inc., Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.25%, 0.750% Floor), 04/14/2028 (a)
|
592,000
|
595,197
|
|||
Pug, LLC, Senior Secured First Lien Term Loan 3.593% (1 Month LIBOR USD + 3.50%), 02/12/2027 (a)
|
925,900
|
907,387
|
|||
Sally Holdings, LLC, Senior Secured First Lien Term Loan 2.36% (1 Month LIBOR USD + 2.25%), 07/05/2024 (a)
|
95,534
|
95,534
|
|||
5,710,474
|
|||||
TECHNOLOGY - SOFTWARE & SERVICES - 12.10%
|
|||||
Access CIG, LLC
|
|||||
Senior Secured First Lien Term Loan 3.842% (1 Month LIBOR USD + 3.75%), 02/27/2025 (a)
|
1,249,144
|
1,243,248
|
|||
Senior Secured Second Lien Term Loan 7.842% (1 Month LIBOR USD + 7.75%), 02/27/2026 (a)
|
315,000
|
314,409
|
|||
Avast Software B.V., Senior Secured First Lien Term Loan 2.147% (3 Month LIBOR USD + 2.00%), 03/22/2028 (a)
|
331,800
|
331,490
|
|||
Barracuda Networks, Inc., Senior Secured First Lien Term Loan 3.896% (3 Month LIBOR USD + 3.75%, 0.750% Floor), 02/12/2025 (a)
|
2,019,686
|
2,027,885
|
|||
Boxer Parent Co., Inc., Senior Secured First Lien Term Loan 3.843% (1 Month LIBOR USD + 3.75%), 10/02/2025 (a)
|
804,056
|
800,462
|
|||
BY Crown Parent, LLC, Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 02/02/2026 (a)
|
1,358,707
|
1,360,404
|
|||
Castle U.S. Holding Corp., Senior Secured First Lien Term Loan 3.897% (3 Month LIBOR USD + 3.75%), 01/29/2027 (a)
|
1,167,708
|
1,155,576
|
|||
CommerceHub, Inc., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 4.00%, 0.750% Floor), 12/29/2027 (a)
|
673,615
|
676,141
|
|||
Dawn Acquisition, LLC, Senior Secured First Lien Term Loan 3.897% (3 Month LIBOR USD + 3.75%), 12/31/2025 (a)
|
491,307
|
418,839
|
|||
DCert Buyer, Inc., Senior Secured First Lien Term Loan 4.104% (1 Month LIBOR USD + 4.00%), 10/16/2026 (a)
|
1,058,229
|
1,060,875
|
|||
Dynatrace, LLC, Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 08/22/2025 (a)
|
442,220
|
440,736
|
|||
E2Open, LLC, Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.50%, 0.500% Floor), 02/04/2028 (a)
|
825,000
|
826,935
|
|||
EagleView Technology Corp., Senior Secured First Lien Term Loan 3.635% (3 Month LIBOR USD + 3.50%), 08/14/2025 (a)
|
867,750
|
858,300
|
|||
Ensono, L.P., Senior Secured First Lien Term Loan 4.75% (1 Month LIBOR USD + 4.00%, 0.750% Floor), 05/19/2028 (a)
|
677,000
|
679,468
|
|||
EVO Payments International, LLC, Senior Secured First Lien Term Loan 3.36% (1 Month LIBOR USD + 3.25%), 12/22/2023 (a)
|
1,079,162
|
1,078,375
|
|||
GlobalLogic Holdings, Inc., Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 09/14/2027 (a)
|
591,121
|
592,877
|
|||
Go Daddy Operating Co., LLC, Senior Secured First Lien Term Loan 2.104% (1 Month LIBOR USD + 2.00%), 08/10/2027 (a)
|
1,030,182
|
1,025,031
|
|||
Hyland Software, Inc., Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.50%, 0.750% Floor), 07/01/2024 (a)
|
585,485
|
587,253
|
|||
Informatica, LLC
|
|||||
Senior Secured Second Lien Term Loan 7.125%, 02/25/2025
|
297,000
|
304,239
|
|||
Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 02/25/2027 (a)
|
1,122,794
|
1,117,691
|
|||
Intrado Corp.
|
|||||
Senior Secured First Lien Term Loan 4.50% (3 Month LIBOR USD + 3.50%, 1.000% Floor), 10/10/2024 (a)
|
259,985
|
252,633
|
|||
Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.00%, 1.000% Floor), 10/10/2024 (a)
|
822,329
|
806,018
|
|||
MA FinanceCo., LLC, Senior Secured First Lien Term Loan 2.843% (1 Month LIBOR USD + 2.75%), 06/21/2024 (a)
|
106,575
|
105,642
|
|||
Moneygram International, Inc., Senior Secured First Lien Term Loan 7.00% (6 Month LIBOR USD + 6.00%, 1.000% Floor), 06/30/2023 (a)
|
508,402
|
514,076
|
|||
NAB Holdings, LLC, Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.00%, 1.000% Floor), 07/01/2024 (a)
|
481,331
|
482,535
|
|||
N-Able Inc., Senior Secured First Lien Term Loan 3.50% (1 Month LIBOR USD + 3.00%, 0.500% Floor), 07/19/2028 (a)
|
513,000
|
513,000
|
|||
Presidio Holdings, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.61% (1 Month LIBOR USD + 3.50%), 01/22/2027 (a)
|
40,014
|
40,058
|
|||
Senior Secured First Lien Term Loan 3.69% (3 Month LIBOR USD + 3.50%), 01/22/2027 (a)
|
693,576
|
694,335
|
|||
Project Alpha Intermediate Holding, Inc., Senior Secured First Lien Term Loan 4.11% (1 Month LIBOR USD + 4.00%), 04/26/2024 (a)
|
1,297,381
|
1,300,850
|
|||
Proofpoint, Inc., Senior Secured First Lien Term Loan 3.75% (LIBOR USD + 0.00%), 06/09/2028 (a)(g)
|
1,102,000
|
1,097,184
|
|||
ProQuest, LLC, Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 10/23/2026 (a)
|
385,908
|
385,927
|
|||
Rackspace Technology Global, Inc., Senior Secured First Lien Term Loan 3.50% (3 Month LIBOR USD + 2.75%, 0.750% Floor), 02/15/2028 (a)
|
1,491,263
|
1,485,029
|
|||
RealPage, Inc., Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 04/24/2028 (a)
|
325,000
|
324,412
|
|||
Rocket Software, Inc., Senior Secured First Lien Term Loan 4.354% (1 Month LIBOR USD + 4.25%), 11/28/2025 (a)
|
606,405
|
596,315
|
|||
SCS Holdings I, Inc., Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 07/01/2026 (a)
|
635,164
|
634,995
|
|||
Seattle SpinCo, Inc., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 06/21/2024 (a)
|
719,726
|
713,428
|
|||
SolarWinds Holdings, Inc., Senior Secured First Lien Term Loan 2.854% (1 Month LIBOR USD + 2.75%), 02/05/2024 (a)
|
776,848
|
767,704
|
|||
TIBCO Software, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.85% (1 Month LIBOR USD + 3.75%), 06/30/2026 (a)
|
1,897,846
|
1,895,473
|
|||
Senior Secured Second Lien Term Loan 7.36% (1 Month LIBOR USD + 7.25%), 03/03/2028 (a)
|
263,000
|
267,562
|
|||
TierPoint, LLC, Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 05/05/2026 (a)
|
440,577
|
441,048
|
|||
UKG, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.854% (1 Month LIBOR USD + 3.75%), 05/04/2026 (a)
|
735,893
|
737,272
|
|||
Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.25%, 0.750% Floor), 05/04/2026 (a)
|
510,868
|
512,122
|
|||
VM Consolidated, Inc.
|
|||||
VM Consolidated, Inc., Senior Secured First Lien Term Loan 3.397% (3 Month LIBOR USD + 3.25%), 03/24/2028 (a)
|
3,264
|
3,259
|
|||
VM Consolidated, Inc., Senior Secured First Lien Term Loan 3.417% (3 Month LIBOR USD + 3.25%), 03/24/2028 (a)
|
1,299,039
|
1,297,182
|
|||
VS Buyer, LLC, Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 02/26/2027 (a)
|
930,225
|
928,774
|
|||
WEX, Inc., Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 03/31/2028 (a)
|
715,208
|
710,963
|
|||
34,408,030
|
|||||
TECHNOLOGY HARDWARE - 1.39%
|
|||||
Avaya, Inc., Senior Secured First Lien Term Loan 4.073% (1 Month LIBOR USD + 4.00%), 12/15/2027 (a)
|
375,000
|
376,406
|
|||
Celestica, Inc., Senior Secured First Lien Term Loan 2.22% (1 Month LIBOR USD + 2.125%), 06/27/2025 (a)
|
527,455
|
526,796
|
|||
CommScope, Inc., Senior Secured First Lien Term Loan 3.354% (1 Month LIBOR USD + 3.25%), 04/06/2026 (a)
|
633,713
|
631,846
|
|||
Ingram Micro Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.50%, 0.500% Floor), 06/30/2028 (a)
|
540,000
|
541,604
|
|||
MaxLinear, Inc., Senior Secured First Lien Term Loan 2.75% (3 Month LIBOR USD + 2.25%, 0.500% Floor), 06/16/2028 (a)
|
465,000
|
464,419
|
|||
MLN U.S. HoldCo, LLC, Senior Secured First Lien Term Loan 4.586% (1 Month LIBOR USD + 4.50%), 11/28/2025 (a)
|
970,125
|
892,883
|
|||
PQ Performance Chemicals, Senior Secured First Lien Term Loan 3.50% (LIBOR USD + 0.00%), 04/28/2028 (a)(g)
|
529,000
|
530,323
|
|||
3,964,277
|
|||||
TELECOMMUNICATION SERVICES - DIVERSIFIED - 4.03%
|
|||||
Altice Financing S.A., Senior Secured First Lien Term Loan 2.934% (3 Month LIBOR USD + 2.75%), 07/15/2025 (a)
|
535,273
|
526,973
|
|||
Cablevision Lightpath, LLC, Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.25%, 0.500% Floor), 11/30/2027 (a)
|
915,400
|
917,002
|
|||
Consolidated Communications, Inc., Senior Secured First Lien Term Loan 4.25% (1 Month LIBOR USD + 3.50%, 0.750% Floor), 10/04/2027 (a)
|
933,868
|
936,860
|
|||
Eagle Broadband Investments, LLC, Senior Secured First Lien Term Loan 3.75% (3 Month LIBOR USD + 3.00%, 0.750% Floor), 11/12/2027 (a)
|
522,375
|
522,863
|
|||
Flexential Intermediate Corp., Senior Secured First Lien Term Loan 3.647% (3 Month LIBOR USD + 3.50%), 08/01/2024 (a)
|
756,507
|
697,337
|
|||
Lumen Technologies, Inc., Senior Secured First Lien Term Loan 2.354% (1 Month LIBOR USD + 2.25%), 03/15/2027 (a)
|
2,501,520
|
2,471,189
|
|||
Masergy Holdings, Inc., Senior Secured First Lien Term Loan 4.25% (3 Month LIBOR USD + 3.25%, 1.000% Floor), 12/15/2023 (a)
|
477,408
|
478,005
|
|||
MTN Infrastructure TopCo, Inc., Senior Secured First Lien Term Loan 4.00% (1 Month LIBOR USD + 3.00%, 1.000% Floor), 11/15/2024 (a)
|
435,375
|
435,769
|
|||
Northwest Fiber, LLC, Senior Secured First Lien Term Loan 3.823% (1 Month LIBOR USD + 3.75%), 04/30/2027 (a)
|
395,593
|
396,236
|
|||
Numericable U.S., LLC, Senior Secured First Lien Term Loan 4.155% (3 Month LIBOR USD + 4.00%), 08/14/2026 (a)
|
560,920
|
560,889
|
|||
Voyage U.S., LLC, Senior Secured First Lien Term Loan 4.00% (3 Month LIBOR USD + 3.50%, 0.500% Floor), 05/26/2028 (a)
|
481,000
|
482,203
|
|||
Zayo Group Holdings, Inc., Senior Secured First Lien Term Loan 3.104% (1 Month LIBOR USD + 3.00%), 03/09/2027 (a)
|
2,227,466
|
2,206,762
|
|||
Ziggo Financing Partnership, Senior Secured First Lien Term Loan 2.573% (1 Month LIBOR USD + 2.50%), 04/28/2028 (a)
|
845,000
|
836,960
|
|||
11,469,048
|
|||||
TELECOMMUNICATION SERVICES - WIRELESS - 0.19%
|
|||||
CCI Buyer, Inc., Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 4.00%, 0.750% Floor), 12/17/2027 (a)
|
543,638
|
545,141
|
|||
TRANSPORTATION - 1.66%
|
|||||
Atlas CC Acquisition Corp.
|
|||||
Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.25%, 0.750% Floor), 05/25/2028 (a)
|
782,789
|
786,213
|
|||
Senior Secured First Lien Term Loan 5.00% (3 Month LIBOR USD + 4.25%, 0.750% Floor), 05/25/2028 (a)
|
159,211
|
159,908
|
|||
Brown Group Holding, LLC, Senior Secured First Lien Term Loan 3.25% (3 Month LIBOR USD + 2.75%, 0.500% Floor), 06/07/2028 (a)
|
500,000
|
498,000
|
|||
Hertz Corp.
|
|||||
Senior Secured First Lien Term Loan 4.00% (LIBOR USD + 0.00%), 06/14/2028 (a)(g)
|
387,055
|
387,216
|
|||
Senior Secured First Lien Term Loan 4.00% (LIBOR USD + 0.00%), 06/14/2028 (a)(g)
|
72,945
|
72,975
|
|||
Kenan Advantage Group, Inc., Senior Secured First Lien Term Loan 4.50% (1 Month LIBOR USD + 3.75%, 0.750% Floor), 03/24/2026 (a)
|
566,155
|
568,411
|
|||
PODS, LLC, Senior Secured First Lien Term Loan 3.75% (1 Month LIBOR USD + 3.00%, 0.750% Floor), 03/31/2028 (a)
|
988,523
|
987,628
|
|||
Uber Technologies, Inc.
|
|||||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 04/04/2025 (a)
|
910,397
|
911,699
|
|||
Senior Secured First Lien Term Loan 3.604% (1 Month LIBOR USD + 3.50%), 02/25/2027 (a)
|
337,077
|
337,551
|
|||
4,709,601
|
|||||
UTILITIES - POWER - 0.64%
|
|||||
Calpine Construction Finance Co., L.P., Senior Secured First Lien Term Loan 2.104% (1 Month LIBOR USD + 2.00%), 01/15/2025 (a)
|
846,389
|
837,395
|
|||
Calpine Corp., Senior Secured First Lien Term Loan 2.61% (1 Month LIBOR USD + 2.50%), 12/16/2027 (a)
|
378,100
|
376,085
|
|||
Eastern Power, LLC, Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 10/02/2025 (a)
|
208,000
|
186,342
|
|||
Frontera Generation Holdings, LLC, Senior Secured First Lien Term Loan 5.25% (3 Month LIBOR USD + 4.25%, 1.000% Floor), 05/02/2025 (a)
|
615,825
|
34,382
|
|||
Lightstone Holdco, LLC
|
|||||
Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 01/30/2024 (a)
|
484,942
|
376,022
|
|||
Senior Secured First Lien Term Loan 4.75% (3 Month LIBOR USD + 3.75%, 1.000% Floor), 01/30/2024 (a)
|
27,351
|
21,208
|
|||
1,831,434
|
|||||
TOTAL BANK LOANS (Cost $246,158,809)
|
245,774,706
|
||||
CORPORATE BONDS - 8.26% (e)
|
|||||
AEROSPACE & DEFENSE - 0.23%
|
|||||
Moog, Inc. 4.25%, 12/15/2027 (f)
|
640,000
|
663,382
|
|||
AUTOMOTIVE - 0.42%
|
|||||
Ford Motor Co.
|
|||||
8.50%, 04/21/2023
|
515,000
|
575,358
|
|||
9.00%, 04/22/2025
|
505,000
|
623,243
|
|||
1,198,601
|
|||||
COMMERCIAL SERVICES - 0.42%
|
|||||
Garda World Security Corp. 4.625%, 02/15/2027 (c)(f)
|
530,000
|
533,718
|
|||
Tempo Acquisition, LLC / Tempo Acquisition Finance Corp. 5.75%, 06/01/2025 (f)
|
625,000
|
659,806
|
|||
1,193,524
|
|||||
CONSTRUCTION & ENGINEERING - 0.23%
|
|||||
Pike Corp. 5.50%, 09/01/2028 (f)
|
638,000
|
665,341
|
|||
ENVIRONMENTAL SERVICES - 0.30%
|
|||||
GFL Environmental, Inc. 4.00%, 08/01/2028 (c)(f)
|
541,000
|
535,225
|
|||
Stericycle, Inc. 5.375%, 07/15/2024 (f)
|
295,000
|
304,067
|
|||
839,292
|
|||||
FINANCIALS - THRIFTS & MORTGAGES - 0.14%
|
|||||
Quicken Loans, LLC / Quicken Loans Co-Issuer, Inc. 3.875%, 03/01/2031 (f)
|
400,000
|
401,324
|
|||
HEALTHCARE - EQUIPMENT & SUPPLIES - 0.19%
|
|||||
Change Healthcare Holdings, LLC / Change Healthcare Finance, Inc. 5.75%, 03/01/2025 (f)
|
515,000
|
524,013
|
|||
HEALTHCARE - FACILITIES - 0.42%
|
|||||
Legacy LifePoint Health, LLC 4.375%, 02/15/2027 (f)
|
370,000
|
373,793
|
|||
Tenet Healthcare Corp.
|
|||||
7.50%, 04/01/2025 (f)
|
189,000
|
204,122
|
|||
4.625%, 06/15/2028 (f)
|
600,000
|
618,431
|
|||
1,196,346
|
|||||
HEALTHCARE - LIFE SCIENCES - 0.28%
|
|||||
Avantor Funding, Inc. 4.625%, 07/15/2028 (f)
|
740,000
|
782,195
|
|||
HEALTHCARE - PHARMACEUTICALS & BIOTECHNOLOGY - 0.46%
|
|||||
Bausch Health Cos., Inc.
|
|||||
6.125%, 04/15/2025 (c)(f)
|
486,000
|
498,758
|
|||
5.50%, 11/01/2025 (c)(f)
|
775,000
|
796,118
|
|||
1,294,876
|
|||||
HEALTHCARE - REITs - 0.49%
|
|||||
Diversified Healthcare Trust 9.75%, 06/15/2025
|
800,000
|
887,052
|
|||
MPT Operating Partnership, L.P. / MPT Finance Corp. 3.50%, 03/15/2031
|
505,000
|
510,679
|
|||
1,397,731
|
|||||
INDUSTRIAL MACHINERY - 0.19%
|
|||||
WESCO Distribution, Inc. 7.125%, 06/15/2025 (f)
|
490,000
|
530,155
|
|||
LEISURE - CASINOS & GAMING - 0.74%
|
|||||
Caesars Entertainment, Inc. 6.25%, 07/01/2025 (f)
|
885,000
|
939,613
|
|||
VICI Properties, L.P. / VICI Note Co., Inc. 3.50%, 02/15/2025 (f)
|
1,145,000
|
1,171,329
|
|||
2,110,942
|
|||||
MEDIA - CABLE & SATELLITE - 1.60%
|
|||||
Block Communications, Inc. 4.875%, 03/01/2028 (f)
|
960,000
|
982,776
|
|||
DISH DBS Corp. 5.875%, 07/15/2022
|
1,450,000
|
1,514,452
|
|||
Hughes Satellite Systems Corp.
|
|||||
5.25%, 08/01/2026
|
1,150,000
|
1,290,301
|
|||
6.625%, 08/01/2026
|
675,000
|
759,014
|
|||
4,546,543
|
|||||
MEDIA - DIVERSIFIED - 0.16%
|
|||||
Match Group Holdings II, LLC 4.625%, 06/01/2028 (f)
|
438,000
|
454,754
|
|||
METALS & MINING - 0.09%
|
|||||
GrafTech Finance, Inc. 4.625%, 12/15/2028 (f)
|
255,000
|
262,572
|
|||
RETAIL - FOOD & DRUG - 0.17%
|
|||||
U.S. Foods, Inc. 6.25%, 04/15/2025 (f)
|
465,000
|
494,063
|
|||
RETAILING - 0.41%
|
|||||
QVC, Inc.
|
|||||
4.85%, 04/01/2024
|
730,000
|
794,189
|
|||
4.75%, 02/15/2027
|
350,000
|
371,378
|
|||
1,165,567
|
|||||
TECHNOLOGY - SOFTWARE & SERVICES - 0.44%
|
|||||
Boxer Parent Co., Inc. 7.125%, 10/02/2025 (f)
|
385,000
|
412,986
|
|||
Elastic N.V. 4.125%, 07/15/2029 (c)(f)
|
844,000
|
844,000
|
|||
1,256,986
|
|||||
TECHNOLOGY HARDWARE - 0.30%
|
|||||
Dell International, LLC / EMC Corp. 5.85%, 07/15/2025
|
220,000
|
258,450
|
|||
Diebold Nixdorf, Inc. 9.375%, 07/15/2025 (f)
|
530,000
|
589,326
|
|||
847,776
|
|||||
TELECOMMUNICATION SERVICES - DIVERSIFIED - 0.58%
|
|||||
Frontier Communications Holdings, LLC 5.00%, 05/01/2028 (f)
|
1,000,000
|
1,035,080
|
|||
Northwest Fiber, LLC / Northwest Fiber Finance Sub, Inc. 6.00%, 02/15/2028 (f)
|
622,000
|
624,226
|
|||
1,659,306
|
|||||
TOTAL CORPORATE BONDS (Cost $22,405,644)
|
23,485,289
|
||||
Shares
|
|||||
EQUITIES - 0.35%
|
|||||
MEDIA - BROADCASTING - 0.04%
|
|||||
Cumulus Media, Inc. (b)
|
8,437
|
123,602
|
|||
MEDIA - ENTERTAINMENT - 0.19%
|
|||||
Cirque Du Soleil (b)
|
59,645
|
546,140
|
|||
OIL & GAS - EXPLORATION & PRODUCTION - 0.12%
|
|||||
California Resources Corp. (b)
|
11,408
|
343,837
|
|||
TOTAL EQUITIES (Cost $520,345)
|
1,013,579
|
||||
WARRANT - 0.02%
|
|||||
MEDIA - ENTERTAINMENT - 0.02%
|
|||||
Crown Finance U.S., Inc. (b)
|
98,930
|
49,861
|
|||
TOTAL WARRANT (Cost $30,928)
|
49,861
|
||||
MONEY MARKET FUND - 9.94%
|
|||||
First American Government Obligations Fund - Class X, 0.03% (d)
|
28,260,895
|
28,260,895
|
|||
TOTAL MONEY MARKET FUND (Cost $28,260,895)
|
28,260,895
|
||||
Total Investments (Cost $297,376,621) - 105.03%
|
298,584,330
|
||||
Liabilities in Excess of Other Assets - (5.03%)
|
(14,312,402)
|
||||
TOTAL NET ASSETS - 100.00%
|
$
|
284,271,928 |
LIBOR
|
London Interbank Offered Rate
|
|||
PLC
|
Public Limited Company
|
|||
REIT
|
Real Estate Investment Trust
|
|||
(a)
|
Variable rate securities. The coupon rate shown is the effective interest rate as of June 30, 2021.
|
|||
(b)
|
Non-income producing security.
|
|||
(c)
|
U.S. traded security of a foreign issuer.
|
|||
(d)
|
Rate shown is the 7-day annualized yield as of June 30, 2021.
|
|||
(e)
|
All or a portion is posted as collateral for delayed settlement securities.
|
|||
(f)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers
|
|||
in the program or other "qualified institutional buyers." As of June 30, 2021, the value of these investments was
|
||||
$15,901,173 or 5.59% of total net assets.
|
||||
(g)
|
Final terms of the bank loan are not yet known, so reference index and spread information may not be presented.
|
|||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI,
|
||||
Inc. and Standard & Poor's Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has
|
||||
been licensed for use by Shenkman Capital Management, Inc. Industries presented are at the discretion
|
||||
of Shenkman Capital Management, Inc. and therefore may not follow the exact naming convention prescribed by GICS.
|
Shenkman Capital Floating Rate High Income Fund
|
|||||||||
Summary of Fair Value Disclosure at June 30, 2021 (Unaudited)
|
|||||||||
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting
|
|||||||||
principles generally accepted in the United States of America ("U.S. GAAP") establish a hierarchy that prioritizes
|
|||||||||
inputs to valuation methods. The three levels of inputs are:
|
Level 1 –
|
Unadjusted quoted prices in active markets for identical assets or liabilities that the
|
||||||||
Fund has the ability to access.
|
|||||||||
Level 2 –
|
Observable inputs other than quoted prices included in Level 1 that are observable for
|
||||||||
the asset or liability, either directly or indirectly. These inputs may include quoted prices
|
|||||||||
for the identical instrument on an inactive market, prices for similar instruments, interest
|
|||||||||
rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
|
|||||||||
Level 3 –
|
Unobservable inputs for the asset or liability, to the extent relevant observable inputs
|
||||||||
are not available, representing the Fund's own assumptions about the assumptions a market
|
|||||||||
participant would use in valuing the asset or liability, and would be based on the best
|
|||||||||
information available.
|
The following is a summary of the inputs used to value the Fund's investments as of June 30, 2021:
|
Shenkman Capital Floating Rate High Income Fund
|
||||||||||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Fixed Income
|
||||||||||||||||
Bank Loans
|
$
|
-
|
$
|
245,774,706
|
$
|
-
|
$
|
245,774,706
|
||||||||
Corporate Bonds
|
-
|
23,485,289
|
-
|
23,485,289
|
||||||||||||
Total Fixed Income
|
-
|
269,259,995
|
-
|
269,259,995
|
||||||||||||
Equities
|
||||||||||||||||
Information
|
123,602
|
546,140
|
-
|
669,742
|
||||||||||||
Mining, Quarrying, and Oil and Gas Extraction
|
343,837
|
-
|
-
|
343,837
|
||||||||||||
Total Equities
|
467,439
|
546,140
|
-
|
1,013,579
|
||||||||||||
Warrant
|
49,861
|
-
|
-
|
49,861
|
||||||||||||
Money Market Fund
|
28,260,895
|
-
|
-
|
28,260,895
|
||||||||||||
Total Investments
|
$
|
28,778,195
|
$
|
269,806,135
|
$
|
-
|
$
|
298,584,330
|
||||||||
Refer to the Fund's schedule of investments for a detailed break-out of holdings by industry classification.
|
Shenkman Capital Floating Rate High Income Fund
|
||||||||
Level 3 Reconciliation Disclosure
|
||||||||
Equities
|
Total
|
|||||||
Balance as of September 30, 2020
|
$
|
2,560
|
$
|
2,560
|
||||
Sales
|
(7,050
|
)
|
(7,050
|
)
|
||||
Realized loss
|
(44,790
|
)
|
(44,790
|
)
|
||||
Change in unrealized appreciation
|
49,280
|
49,280
|
||||||
Balance as of June 30, 2021
|
$
|
-
|
$
|
-
|
||||
Change in unrealized appreciation/(depreciation) during the period for
|
||||||||
Level 3 investments held at June 30, 2021
|
$
|
-
|
||||||
There were no Level 3 investments held at June 30, 2021.
|
||||||||