NPORT-P
false
0001359057
XXXXXXXX
S000074750
C000232913
Manager Directed Portfolios
811-21897
0001359057
549300J0JL5T81OQ6O93
615 E. Michigan Street
Milwaukee
53202
4147654339
Greenspring Income Opportunities Fund
S000074750
549300I0NPYRTNVWX811
2022-09-30
2022-03-31
N
54381448.100000000000
1867033.150000000000
52514414.950000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
USD
N
N/A
N/A
ACADEMY LTD
549300BN53IR80C35Z14
Academy Ltd
00401YAA8
465000.000000000000
PA
USD
476625.000000000000
0.9076079405
Long
DBT
CORP
US
N
2
2027-11-15
Fixed
6.000000000000
N
N
N
N
N
N
ACADIA HEALTHCARE CO INC
5493005CW985Y9D0NC11
Acadia Healthcare Co Inc
00404AAN9
385000.000000000000
PA
USD
387406.250000000000
0.7377141122
Long
DBT
CORP
US
N
2
2028-07-01
Fixed
5.500000000000
N
N
N
N
N
N
ACI WORLDWIDE INC
5493003BPVMZUJ6F5C02
ACI Worldwide Inc
004498AB7
500000.000000000000
PA
USD
511862.500000000000
0.9747085643
Long
DBT
CORP
US
N
2
2026-08-15
Fixed
5.750000000000
N
N
N
N
N
N
ADAPTHEALTH LLC
N/A
AdaptHealth LLC
00653VAA9
365000.000000000000
PA
USD
362990.680000000000
0.6912210302
Long
DBT
CORP
US
N
2
2028-08-01
Fixed
6.125000000000
N
N
N
N
N
N
ADVANCED DRAINAGE SYSTEM
6QQTOZ5MF5DHM7K92I60
Advanced Drainage Systems Inc
00790RAA2
400000.000000000000
PA
USD
401132.000000000000
0.7638512214
Long
DBT
CORP
US
N
2
2027-09-30
Fixed
5.000000000000
N
N
N
N
N
N
ALBERTSONS COS/SAFEWAY
N/A
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC
013092AB7
533000.000000000000
PA
USD
532173.850000000000
1.0133862303
Long
DBT
CORP
US
N
2
2028-02-15
Fixed
5.875000000000
N
N
N
N
N
N
ANTERO MIDSTREAM PART/FI
N/A
Antero Midstream Partners LP / Antero Midstream Finance Corp
03690EAA6
250000.000000000000
PA
USD
270932.500000000000
0.5159202483
Long
DBT
CORP
US
N
2
2026-05-15
Fixed
7.875000000000
N
N
N
N
N
N
CHAMPIONX CORP
549300EP2909K6DYYP38
ChampionX Corp
03755LAC8
548000.000000000000
PA
USD
561217.760000000000
1.0686927780
Long
DBT
CORP
US
N
2
2026-05-01
Fixed
6.375000000000
N
N
N
N
N
N
ARAMARK SERVICES INC
42YMHYH0XMHJEXDUB065
Aramark Services Inc
038522AR9
250000.000000000000
PA
USD
256950.000000000000
0.4892942257
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
6.375000000000
N
N
N
N
N
N
AVANTOR FUNDING INC
5493003VM0XB4U8YD238
Avantor Funding Inc
05352TAA7
250000.000000000000
PA
USD
247571.250000000000
0.4714348436
Long
DBT
CORP
US
N
2
2028-07-15
Fixed
4.625000000000
N
N
N
N
N
N
AXALTA COAT/DUTCH HLD BV
N/A
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV
05454NAA7
250000.000000000000
PA
USD
240825.000000000000
0.4585883709
Long
DBT
CORP
US
N
2
2027-06-15
Fixed
4.750000000000
N
N
N
N
N
N
BEAZER HOMES USA
549300DUPYT2T0F60I45
Beazer Homes USA Inc
07556QBM6
250000.000000000000
PA
USD
251577.500000000000
0.4790637013
Long
DBT
CORP
US
N
2
2025-03-15
Fixed
6.750000000000
N
N
N
N
N
N
BERRY GLOBAL INC
549300AP2Q7ERHX6RI89
Berry Global Inc
08576PAA9
440000.000000000000
PA
USD
440558.800000000000
0.8389292738
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
4.500000000000
N
N
N
N
N
N
MGM RESORTS INTL
54930066VBP7DZEGGJ87
MGM Resorts International
552953CG4
250000.000000000000
PA
USD
258338.750000000000
0.4919387377
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
6.750000000000
N
N
N
N
N
N
MPT OPER PARTNERSP/FINL
N/A
MPT Operating Partnership LP / MPT Finance Corp
55342UAG9
381000.000000000000
PA
USD
390404.990000000000
0.7434244300
Long
DBT
CORP
US
N
2
2026-08-01
Fixed
5.250000000000
N
N
N
N
N
N
MARRIOTT OWNERSHIP RESOR
BW4532OH033VURR0IT68
Marriott Ownership Resorts Inc
57164PAF3
137000.000000000000
PA
USD
132135.820000000000
0.2516181893
Long
DBT
CORP
US
N
2
2028-01-15
Fixed
4.750000000000
N
N
N
N
N
N
MARRIOTT OWNERSHIP RESOR
BW4532OH033VURR0IT68
Marriott Ownership Resorts Inc
57164PAG1
600000.000000000000
PA
USD
615747.000000000000
1.1725294866
Long
DBT
CORP
US
N
2
2025-09-15
Fixed
6.125000000000
N
N
N
N
N
N
IHEARTCOMMUNICATIONS INC
54930076J6KDZL504O62
iHeartCommunications Inc
45174HBD8
350000.000000000000
PA
USD
362320.000000000000
0.6899438951
Long
DBT
CORP
US
N
2
2027-05-01
Fixed
8.375000000000
N
N
N
N
N
N
IRON MOUNTAIN INC
SQL3F6CKNNBM3SQGHX24
Iron Mountain Inc
46284VAC5
318000.000000000000
PA
USD
314971.050000000000
0.5997801752
Long
DBT
CORP
US
N
2
2027-09-15
Fixed
4.875000000000
N
N
N
N
N
N
JAGUAR LAND ROVER AUTOMO
529900L73GEWN1O5NH84
Jaguar Land Rover Automotive PLC
47010BAA2
775000.000000000000
PA
USD
772241.000000000000
1.4705314736
Long
DBT
CORP
GB
N
2
2023-02-01
Fixed
5.625000000000
N
N
N
N
N
N
JELD-WEN INC
549300XWE6NM0N1HFW16
JELD-WEN Inc
475795AC4
500000.000000000000
PA
USD
481845.000000000000
0.9175480684
Long
DBT
CORP
US
N
2
2025-12-15
Fixed
4.625000000000
N
N
N
N
N
N
KAR AUCTION SERVICES INC
5493004HKD20LBSG7D03
KAR Auction Services Inc
48238TAA7
600000.000000000000
PA
USD
608220.000000000000
1.1581962792
Long
DBT
CORP
US
N
2
2025-06-01
Fixed
5.125000000000
N
N
N
N
N
N
LEVEL 3 FINANCING INC
254900AE5FEFIJOXWL19
Level 3 Financing Inc
527298BH5
138000.000000000000
PA
USD
139558.710000000000
0.2657531463
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
5.375000000000
N
N
N
N
N
N
LEVEL 3 FINANCING INC
254900AE5FEFIJOXWL19
Level 3 Financing Inc
527298BN2
290000.000000000000
PA
USD
273517.850000000000
0.5208433727
Long
DBT
CORP
US
N
2
2027-09-15
Fixed
4.625000000000
N
N
N
N
N
N
MEG ENERGY CORP
5493002WXPTG5ZC1T326
MEG Energy Corp
552704AD0
350000.000000000000
PA
USD
355687.500000000000
0.6773140296
Long
DBT
CORP
CA
N
2
2025-01-15
Fixed
6.500000000000
N
N
N
N
N
N
BERRY GLOBAL INC
549300AP2Q7ERHX6RI89
Berry Global Inc
085770AA3
250000.000000000000
PA
USD
252802.500000000000
0.4813963942
Long
DBT
CORP
US
N
2
2026-07-15
Fixed
4.875000000000
N
N
N
N
N
N
BLACKSTONE MORTGAGE TR
549300OLDJ20R2Y2UW20
Blackstone Mortgage Trust Inc
09257WAB6
145000.000000000000
PA
USD
145724.930000000000
0.2774951033
Long
DBT
CORP
US
N
2
2022-05-05
Fixed
4.375000000000
N
N
N
N
Y
Blackstone Mortgage Trust Inc
Blackstone Mortgage Trust Inc
USD
XXXX
N
N
N
BLACKSTONE MORTGAGE TR
549300OLDJ20R2Y2UW20
Blackstone Mortgage Trust Inc
09257WAC4
60000.000000000000
PA
USD
61260.000000000000
0.1166536846
Long
DBT
CORP
US
N
2
2023-03-15
Fixed
4.750000000000
N
N
N
N
Y
Blackstone Mortgage Trust Inc
Blackstone Mortgage Trust Inc
USD
XXXX
N
N
N
BOYD GAMING CORP
254900787YGRYS2A1Z35
Boyd Gaming Corp
103304BU4
475000.000000000000
PA
USD
473211.630000000000
0.9011080680
Long
DBT
CORP
US
N
2
2027-12-01
Fixed
4.750000000000
N
N
N
N
N
N
CCO HLDGS LLC/CAP CORP
N/A
CCO Holdings LLC / CCO Holdings Capital Corp
1248EPBR3
350000.000000000000
PA
USD
355519.500000000000
0.6769941174
Long
DBT
CORP
US
N
2
2026-05-01
Fixed
5.500000000000
N
N
N
N
N
N
CCO HLDGS LLC/CAP CORP
N/A
CCO Holdings LLC / CCO Holdings Capital Corp
1248EPBT9
304000.000000000000
PA
USD
304851.200000000000
0.5805095616
Long
DBT
CORP
US
N
2
2027-05-01
Fixed
5.125000000000
N
N
N
N
N
N
CCO HLDGS LLC/CAP CORP
N/A
CCO Holdings LLC / CCO Holdings Capital Corp
1248EPBZ5
350000.000000000000
PA
USD
350220.500000000000
0.6669035546
Long
DBT
CORP
US
N
2
2023-03-01
Fixed
4.000000000000
N
N
N
N
N
N
CLEAN HARBORS INC
5493000SJVZVZJKHJF48
Clean Harbors Inc
184496AN7
400000.000000000000
PA
USD
399714.000000000000
0.7611510104
Long
DBT
CORP
US
N
2
2027-07-15
Fixed
4.875000000000
N
N
N
N
N
N
CLEVELAND-CLIFFS INC
549300TM2WLI2BJMDD86
Cleveland-Cliffs Inc
185899AG6
451000.000000000000
PA
USD
474267.090000000000
0.9031179162
Long
DBT
CORP
US
N
2
2026-03-15
Fixed
6.750000000000
N
N
N
N
N
N
CLEVELAND-CLIFFS INC
549300TM2WLI2BJMDD86
Cleveland-Cliffs Inc
185899AH4
100000.000000000000
PA
USD
102755.000000000000
0.1956700843
Long
DBT
CORP
US
N
2
2027-06-01
Fixed
5.875000000000
N
N
N
N
N
N
COMMERCIAL METALS CO
549300OQS2LO07ZJ7N73
Commercial Metals Co
201723AQ6
60000.000000000000
PA
USD
56147.100000000000
0.1069175008
Long
DBT
CORP
US
N
2
2030-01-15
Fixed
4.125000000000
N
N
N
N
N
N
CONSENSUS CLOUD SOLUTION
N/A
Consensus Cloud Solutions Inc
20848VAA3
200000.000000000000
PA
USD
198742.000000000000
0.3784522787
Long
DBT
CORP
US
N
2
2026-10-15
Fixed
6.000000000000
N
N
N
N
N
N
COTY INC
549300BO9IWPF3S48F93
Coty Inc
222070AE4
600000.000000000000
PA
USD
585351.000000000000
1.1146482362
Long
DBT
CORP
US
N
2
2026-04-15
Fixed
5.000000000000
N
N
N
N
N
N
CREDIT ACCEPTANC
N/A
Credit Acceptance Corp
225310AM3
153000.000000000000
PA
USD
156266.550000000000
0.2975688678
Long
DBT
CORP
US
N
2
2026-03-15
Fixed
6.625000000000
N
N
N
N
N
N
CREDIT ACCEPTANC
N/A
Credit Acceptance Corp
225310AN1
200000.000000000000
PA
USD
200989.000000000000
0.3827311038
Long
DBT
CORP
US
N
2
2024-12-31
Fixed
5.125000000000
N
N
N
N
N
N
CROWN AMER/CAP CORP VI
N/A
Crown Americas LLC / Crown Americas Capital Corp VI
228187AB6
250000.000000000000
PA
USD
253027.500000000000
0.4818248480
Long
DBT
CORP
US
N
2
2026-02-01
Fixed
4.750000000000
N
N
N
N
N
N
DANA FINANCING LUX SARL
222100DKCE3D036DQU13
Dana Financing Luxembourg Sarl
235822AB9
375000.000000000000
PA
USD
379125.000000000000
0.7219446325
Long
DBT
CORP
LU
N
2
2025-04-15
Fixed
5.750000000000
N
N
N
N
N
N
DANA INC
KVWHW7YLZPFJM8QYNJ51
Dana Inc
235825AG1
100000.000000000000
PA
USD
101173.500000000000
0.1926585302
Long
DBT
CORP
US
N
2
2028-06-15
Fixed
5.625000000000
N
N
N
N
N
N
DARLING INGREDIENTS INC
L1N0SPPKS7EXZYUMZ898
Darling Ingredients Inc
237266AH4
518000.000000000000
PA
USD
528986.780000000000
1.0073172871
Long
DBT
CORP
US
N
2
2027-04-15
Fixed
5.250000000000
N
N
N
N
N
N
ELANCO ANIMAL HEALTH INC
549300SHPNDCE059M934
Elanco Animal Health Inc
28414HAE3
350000.000000000000
PA
USD
361926.250000000000
0.6891941010
Long
DBT
CORP
US
N
2
2023-08-28
Fixed
5.772000000000
N
N
N
N
N
N
CAESARS ENTERTAIN INC
549300FA4CTCW903Y781
Caesars Entertainment Inc
28470RAH5
280000.000000000000
PA
USD
289441.600000000000
0.5511659994
Long
DBT
CORP
US
N
2
2025-07-01
Fixed
6.250000000000
N
N
N
N
N
N
ENPRO INDUSTRIES INC
549300Y5CFT2LKCFDN54
EnPro Industries Inc
29355XAG2
350000.000000000000
PA
USD
358739.500000000000
0.6831257672
Long
DBT
CORP
US
N
2
2026-10-15
Fixed
5.750000000000
N
N
N
N
N
N
First American Treasury Obliga
N/A
First American Treasury Obligations Fund
31846V328
2259039.040000000000
NS
USD
2259039.040000000000
4.3017503711
Long
STIV
RF
US
N
1
N
N
N
First American Government Obli
549300R5MYM6VZF1RM44
First American Government Obligations Fund
31846V336
2259039.040000000000
NS
USD
2259039.040000000000
4.3017503711
Long
STIV
RF
US
N
1
N
N
N
VIASAT INC
UFC8NYMNFSYIHNSM2I38
Viasat Inc
92552VAK6
100000.000000000000
PA
USD
97833.500000000000
0.1862983718
Long
DBT
CORP
US
N
2
2025-09-15
Fixed
5.625000000000
N
N
N
N
N
N
VIDEOTRON LTD
549300LW4GNJRBECSD81
Videotron Ltd
92660FAG9
500000.000000000000
PA
USD
514750.000000000000
0.9802070546
Long
DBT
CORP
CA
N
2
2024-06-15
Fixed
5.375000000000
N
N
N
N
N
N
FIRST QUANTUM MINERALS L
549300I7UVBGWRYMYZ18
First Quantum Minerals Ltd
335934AL9
430000.000000000000
PA
USD
436983.200000000000
0.8321204767
Long
DBT
CORP
CA
N
2
2025-04-01
Fixed
7.500000000000
N
N
N
N
N
N
FIRST QUANTUM MINERALS L
549300I7UVBGWRYMYZ18
First Quantum Minerals Ltd
335934AP0
550000.000000000000
PA
USD
554284.500000000000
1.0554901936
Long
DBT
CORP
CA
N
2
2024-03-01
Fixed
6.500000000000
N
N
N
N
N
N
VISTRA OPERATIONS CO LLC
549300ZH5GKBTJZ7NM23
Vistra Operations Co LLC
92840VAB8
500000.000000000000
PA
USD
500150.000000000000
0.9524051643
Long
DBT
CORP
US
N
2
2027-02-15
Fixed
5.625000000000
N
N
N
N
N
N
WESCO DISTRIBUTION INC
549300I2CEZJG9N4AH67
WESCO Distribution Inc
95081QAN4
197000.000000000000
PA
USD
205157.770000000000
0.3906694385
Long
DBT
CORP
US
N
2
2025-06-15
Fixed
7.125000000000
N
N
N
N
N
N
FRESH MARKET INC
529900QM5ZSBEBR6CS58
Fresh Market Inc/The
35804HAA4
210000.000000000000
PA
USD
206325.000000000000
0.3928921234
Long
DBT
CORP
US
N
2
2023-05-01
Fixed
9.750000000000
N
N
N
N
N
N
FXI HOLDINGS INC
549300VLKCUZW3MSVS50
FXI Holdings Inc
36120RAA7
300000.000000000000
PA
USD
299271.000000000000
0.5698835268
Long
DBT
CORP
US
N
2
2024-11-01
Fixed
7.875000000000
N
N
N
N
N
N
WESCO DISTRIBUTION INC
549300I2CEZJG9N4AH67
WESCO Distribution Inc
95081QAP9
475000.000000000000
PA
USD
505067.500000000000
0.9617692599
Long
DBT
CORP
US
N
2
2028-06-15
Fixed
7.250000000000
N
N
N
N
N
N
XPO LOGISTICS INC
54930096DB9LCLPN7H13
XPO Logistics Inc
983793AH3
675000.000000000000
PA
USD
698490.000000000000
1.3300919389
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
6.250000000000
N
N
N
N
N
N
GFL ENVIRONMENTAL INC
549300FYK4MBXWIVZU26
GFL Environmental Inc
36168QAF1
20000.000000000000
PA
USD
20196.800000000000
0.0384595354
Long
DBT
CORP
CA
N
2
2026-12-15
Fixed
5.125000000000
N
N
N
N
N
N
GFL ENVIRONMENTAL INC
549300FYK4MBXWIVZU26
GFL Environmental Inc
36168QAJ3
280000.000000000000
PA
USD
278581.800000000000
0.5304863441
Long
DBT
CORP
CA
N
2
2025-06-01
Fixed
4.250000000000
N
N
N
N
N
N
CDW LLC/CDW FINANCE
N/A
CDW LLC / CDW Finance Corp
12513GBD0
125000.000000000000
PA
USD
122752.500000000000
0.2337501048
Long
DBT
CORP
US
N
2
2028-04-01
Fixed
4.250000000000
N
N
N
N
N
N
CEDAR FAIR/CAN/MAGNUM/MI
N/A
Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op
150190AB2
100000.000000000000
PA
USD
99198.500000000000
0.1888976581
Long
DBT
CORP
US
N
2
2027-04-15
Fixed
5.375000000000
N
N
N
N
N
N
CEDAR FAIR/CAN/MAGNUM/MI
N/A
Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op
150190AF3
10000.000000000000
PA
USD
10281.200000000000
0.0195778626
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
5.500000000000
N
N
N
N
N
N
CEDAR FAIR/CAN/MAGNUM/MI
N/A
Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op
150190AK2
225000.000000000000
PA
USD
229200.750000000000
0.4364530200
Long
DBT
CORP
US
N
2
2028-10-01
Fixed
6.500000000000
N
N
N
N
N
N
CENTURY COMMUNITIES
5299002QMB2O7ZL1CA26
Century Communities Inc
156504AL6
600000.000000000000
PA
USD
623499.000000000000
1.1872911478
Long
DBT
CORP
US
N
2
2027-06-01
Fixed
6.750000000000
N
N
N
N
N
N
COLFAX CORP
635400OP2DYYYMOIYL17
Colfax Corp
15723RAC8
579000.000000000000
PA
USD
597623.540000000000
1.1380180862
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
6.375000000000
N
N
N
N
N
N
CHESAPEAKE ENERGY CORP
X2MT1W32SPAZ9WSKLE78
Chesapeake Energy Corp
165167DF1
443000.000000000000
PA
USD
454296.500000000000
0.8650891387
Long
DBT
CORP
US
N
2
2026-02-01
Fixed
5.500000000000
N
N
N
N
N
N
CINEMARK USA INC
54930008H2137JSCPQ09
Cinemark USA Inc
172441BC0
378000.000000000000
PA
USD
395953.110000000000
0.7539893768
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
8.750000000000
N
N
N
N
N
N
SELECT MEDICAL CORP
549300X05KS0JKR8CB50
Select Medical Corp
816196AT6
490000.000000000000
PA
USD
507821.300000000000
0.9670131534
Long
DBT
CORP
US
N
2
2026-08-15
Fixed
6.250000000000
N
N
N
N
N
N
Invesco Treasury Portfolio
5493004B3TM8ZIDDDC39
Invesco Treasury Portfolio
825252406
2259039.040000000000
NS
USD
2259039.040000000000
4.3017503711
Long
STIV
RF
US
N
1
N
N
N
Invesco Government & Agency Po
5493007T1J7WZ5QI1A47
Invesco Government & Agency Portfolio
825252885
2217720.740000000000
NS
USD
2217720.740000000000
4.2230704505
Long
STIV
RF
US
N
1
N
N
N
SIGNET UK FINANCE PLC
529900PWL7LM6UK07586
Signet UK Finance PLC
82671AAA1
460000.000000000000
PA
USD
457739.100000000000
0.8716446721
Long
DBT
CORP
GB
N
2
2024-06-15
Fixed
4.700000000000
N
N
N
N
N
N
SIX FLAGS ENTERTAINMENT
549300JYTDUAA4JQ3717
Six Flags Entertainment Corp
83001AAB8
400000.000000000000
PA
USD
400480.000000000000
0.7626096575
Long
DBT
CORP
US
N
2
2024-07-31
Fixed
4.875000000000
N
N
N
N
N
N
SPECTRUM BRANDS INC
549300VU3EH2E73C1Q04
Spectrum Brands Inc
84762LAV7
450000.000000000000
PA
USD
424197.000000000000
0.8077724952
Long
DBT
CORP
US
N
2
2029-10-01
Fixed
5.000000000000
N
N
N
N
N
N
STERICYCLE INC
B8PTJH2P0AXSWSMP2136
Stericycle Inc
858912AF5
725000.000000000000
PA
USD
740076.380000000000
1.4092823479
Long
DBT
CORP
US
N
2
2024-07-15
Fixed
5.375000000000
N
N
N
N
N
N
STEVENS HOLDING CO INC
N/A
Stevens Holding Co Inc
86024TAA5
270000.000000000000
PA
USD
279163.800000000000
0.5315946112
Long
DBT
CORP
US
N
2
2026-10-01
Fixed
6.125000000000
N
N
N
N
N
N
NORTONLIFELOCK INC
YF6ZV0M6AU4FY94MK914
NortonLifeLock Inc
871503AU2
765000.000000000000
PA
USD
764854.650000000000
1.4564660974
Long
DBT
CORP
US
N
2
2025-04-15
Fixed
5.000000000000
N
N
N
N
N
N
TARGA RESOURCES PARTNERS
N/A
Targa Resources Partners LP / Targa Resources Partners Finance Corp
87612BBJ0
119000.000000000000
PA
USD
122799.080000000000
0.2338388043
Long
DBT
CORP
US
N
2
2026-04-15
Fixed
5.875000000000
N
N
N
N
N
N
TECHNIPFMC PLC
549300D5I93QWCJTCK36
TechnipFMC PLC
87854XAE1
485000.000000000000
PA
USD
503473.650000000000
0.9587341885
Long
DBT
CORP
GB
N
2
2026-02-01
Fixed
6.500000000000
N
N
N
N
N
N
TEGNA INC
549300YC5EDBGX85AO10
TEGNA Inc
87901JAJ4
300000.000000000000
PA
USD
298833.000000000000
0.5690494701
Long
DBT
CORP
US
N
2
2028-03-15
Fixed
4.625000000000
N
N
N
N
N
N
TELEFLEX INC
UUL85LWXB4NGSWWXIQ25
Teleflex Inc
879369AF3
450000.000000000000
PA
USD
456693.750000000000
0.8696540758
Long
DBT
CORP
US
N
2
2027-11-15
Fixed
4.625000000000
N
N
N
N
N
N
TENET HEALTHCARE CORP
0W9AIBT6U6ADJ2I8HK17
Tenet Healthcare Corp
88033GCY4
390000.000000000000
PA
USD
393884.400000000000
0.7500500584
Long
DBT
CORP
US
N
2
2026-01-01
Fixed
4.875000000000
N
N
N
N
N
N
TRANSDIGM INC
88Q84GB3X55CF5OC7582
TransDigm Inc
893647BB2
158000.000000000000
PA
USD
159627.400000000000
0.3039687296
Long
DBT
CORP
US
N
2
2026-06-15
Fixed
6.375000000000
N
N
N
N
N
N
GENWORTH HOLDINGS INC
PXDECZED7L8SRUP41R09
Genworth Holdings Inc
372491AG5
345000.000000000000
PA
USD
352288.130000000000
0.6708408164
Long
DBT
CORP
US
N
2
2024-02-15
Fixed
4.800000000000
N
N
N
N
N
N
GOODYEAR TIRE & RUBBER
5493002BI0S2ZQUY3437
Goodyear Tire & Rubber Co/The
382550BH3
225000.000000000000
PA
USD
238567.500000000000
0.4542895512
Long
DBT
CORP
US
N
2
2025-05-31
Fixed
9.500000000000
N
N
N
N
N
N
GRAHAM HOLDINGS CO
529900BOSCEEEMAFQJ29
Graham Holdings Co
384637AA2
290000.000000000000
PA
USD
298389.700000000000
0.5682053209
Long
DBT
CORP
US
N
2
2026-06-01
Fixed
5.750000000000
N
N
N
N
N
N
GRAPHIC PACKAGING INTERN
SO75N4VY5NXGQSK8YQ65
Graphic Packaging International LLC
38869PAL8
200000.000000000000
PA
USD
201504.000000000000
0.3837117869
Long
DBT
CORP
US
N
2
2022-11-15
Fixed
4.875000000000
N
N
N
N
N
N
GRIFFON CORPORATION
5493000C2SGNC7ZN3242
Griffon Corp
398433AP7
400000.000000000000
PA
USD
385264.000000000000
0.7336347560
Long
DBT
CORP
US
N
2
2028-03-01
Fixed
5.750000000000
N
N
N
N
N
N
H.B. FULLER CO
JSMX3Z5FOYM8V0Q52357
HB Fuller Co
40410KAA3
260000.000000000000
PA
USD
243903.400000000000
0.4644503804
Long
DBT
CORP
US
N
2
2028-10-15
Fixed
4.250000000000
N
N
N
N
N
N
HANESBRANDS INC
GX5LWVWZLL5S4W1L2F20
Hanesbrands Inc
410345AJ1
443000.000000000000
PA
USD
450380.380000000000
0.8576319101
Long
DBT
CORP
US
N
2
2024-05-15
Fixed
4.625000000000
N
N
N
N
N
N
ENCOMPASS HEALTH CORP
549300FVRPM9DRQZRG64
Encompass Health Corp
421924BT7
305000.000000000000
PA
USD
310724.850000000000
0.5916943953
Long
DBT
CORP
US
N
2
2025-09-15
Fixed
5.750000000000
N
N
N
N
N
N
HERC HOLDINGS INC
549300TP80QLITMSBP82
Herc Holdings Inc
42704LAA2
250000.000000000000
PA
USD
253807.500000000000
0.4833101544
Long
DBT
CORP
US
N
2
2027-07-15
Fixed
5.500000000000
N
N
N
N
N
N
HILTON DOMESTIC OPERATIN
5493003EG7H0N1E4XV50
Hilton Domestic Operating Co Inc
432833AG6
125000.000000000000
PA
USD
128050.000000000000
0.2438378112
Long
DBT
CORP
US
N
2
2025-05-01
Fixed
5.375000000000
N
N
N
N
N
N
HILTON WORLDWIDE FIN LLC
N/A
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp
432891AK5
125000.000000000000
PA
USD
126063.750000000000
0.2400555164
Long
DBT
CORP
US
N
2
2027-04-01
Fixed
4.875000000000
N
N
N
N
N
N
HOPE BANCORP INC
549300UTF4QGMBHIZ219
Hope Bancorp Inc
43940TAB5
187000.000000000000
PA
USD
185485.300000000000
0.3532083527
Long
DBT
CORP
US
N
2
2038-05-15
Fixed
2.000000000000
N
N
N
N
Y
Hope Bancorp Inc
Hope Bancorp Inc
USD
XXXX
N
N
N
IAA INC
549300PZCOPC5178W747
IAA Inc
449253AB9
500000.000000000000
PA
USD
501857.500000000000
0.9556566525
Long
DBT
CORP
US
N
2
2027-06-15
Fixed
5.500000000000
N
N
N
N
N
N
IQVIA INC
549300PLWY28YB00C717
IQVIA Inc
449934AD0
645000.000000000000
PA
USD
657042.150000000000
1.2511653241
Long
DBT
CORP
US
N
2
2026-10-15
Fixed
5.000000000000
N
N
N
N
N
N
ISTAR INC
QFFLKWYYS3UPWD86E794
iStar Inc
45031UCF6
216000.000000000000
PA
USD
218129.760000000000
0.4153712085
Long
DBT
CORP
US
N
2
2024-10-01
Fixed
4.750000000000
N
N
N
N
N
N
ISTAR INC
QFFLKWYYS3UPWD86E794
iStar Inc
45031UCJ8
500000.000000000000
PA
USD
506895.000000000000
0.9652492568
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
5.500000000000
N
N
N
N
N
N
MATTHEWS INTERNATIONAL C
549300ZVC5O0ATML6U61
Matthews International Corp
577128AA9
400000.000000000000
PA
USD
403250.000000000000
0.7678843997
Long
DBT
CORP
US
N
2
2025-12-01
Fixed
5.250000000000
N
N
N
N
N
N
NMG HLDCO/NEIMAN MARCUS
N/A
NMG Holding Co Inc / Neiman Marcus Group LLC
62929RAC2
450000.000000000000
PA
USD
462759.750000000000
0.8812051899
Long
DBT
CORP
US
N
2
2026-04-01
Fixed
7.125000000000
N
N
N
N
N
N
NRG ENERGY INC
5E2UPK5SW04M13XY7I38
NRG Energy Inc
629377CC4
198000.000000000000
PA
USD
204294.420000000000
0.3890254137
Long
DBT
CORP
US
N
2
2027-01-15
Fixed
6.625000000000
N
N
N
N
N
N
NEW FORTRESS ENERGY INC
N/A
New Fortress Energy Inc
644393AA8
400000.000000000000
PA
USD
402928.000000000000
0.7672712347
Long
DBT
CORP
US
N
2
2025-09-15
Fixed
6.750000000000
N
N
N
N
N
N
NEXSTAR MEDIA INC
5493006PK6I4I2OOT688
Nexstar Media Inc
65343HAA9
625000.000000000000
PA
USD
633406.250000000000
1.2061569202
Long
DBT
CORP
US
N
2
2027-07-15
Fixed
5.625000000000
N
N
N
N
N
N
NIELSEN CO LUX SARL/THE
549300MFMRJBOPHHM352
Nielsen Co Luxembourg SARL/The
65410CAC4
380000.000000000000
PA
USD
382433.900000000000
0.7282455691
Long
DBT
CORP
LU
N
2
2025-02-01
Fixed
5.000000000000
N
N
N
N
N
N
1011778 BC / NEW RED FIN
N/A
1011778 BC ULC / New Red Finance Inc
68245XAK5
500000.000000000000
PA
USD
515035.000000000000
0.9807497627
Long
DBT
CORP
CA
N
2
2025-04-15
Fixed
5.750000000000
N
N
N
N
N
N
PDC ENERGY INC
5493008W8H2T511J5Y59
PDC Energy Inc
69327RAG6
470000.000000000000
PA
USD
476314.450000000000
0.9070165791
Long
DBT
CORP
US
N
2
2024-09-15
Fixed
6.125000000000
N
N
N
N
N
N
PICASSO FINANCE SUB INC
N/A
Picasso Finance Sub Inc
71953LAA9
680000.000000000000
PA
USD
692229.800000000000
1.3181710215
Long
DBT
CORP
US
N
2
2025-06-15
Fixed
6.125000000000
N
N
N
N
N
N
PIKE CORP
549300P4EKEP6HK0NC58
Pike Corp
721283AA7
500000.000000000000
PA
USD
472115.000000000000
0.8990198224
Long
DBT
CORP
US
N
2
2028-09-01
Fixed
5.500000000000
N
N
N
N
N
N
AVIENT CORP
SM8L9RZYIB34LNTWO040
Avient Corp
73179PAM8
537000.000000000000
PA
USD
552197.100000000000
1.0515152849
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
5.750000000000
N
N
N
N
N
N
PRIME SECSRVC BRW/FINANC
N/A
Prime Security Services Borrower LLC / Prime Finance Inc
74166MAB2
590000.000000000000
PA
USD
604968.300000000000
1.1520042651
Long
DBT
CORP
US
N
2
2024-04-15
Fixed
5.250000000000
N
N
N
N
N
N
PACTIV EVERGREEN GROUP
N/A
Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC/Reynolds Gro
76174LAA1
250000.000000000000
PA
USD
232550.000000000000
0.4428307927
Long
DBT
CORP
US
N
2
2027-10-15
Fixed
4.000000000000
N
N
N
N
N
N
RYAN SPECIALTY GROUP
549300K52N7QBO3PYY45
Ryan Specialty Group LLC
78351MAA0
250000.000000000000
PA
USD
236562.500000000000
0.4504715519
Long
DBT
CORP
US
N
2
2030-02-01
Fixed
4.375000000000
N
N
N
N
N
N
SM ENERGY CO
84BUTVXV5ODI6BXNMH43
SM Energy Co
78454LAT7
500000.000000000000
PA
USD
546400.000000000000
1.0404762207
Long
DBT
CORP
US
N
2
2025-01-15
Fixed
10.000000000000
N
N
N
N
N
N
SSL ROBOTICS LLC
N/A
Maxar Space Robotics LLC
78472GAA7
343000.000000000000
PA
USD
365691.170000000000
0.6963634087
Long
DBT
CORP
US
N
2
2023-12-31
Fixed
9.750000000000
N
N
N
N
N
N
SALLY HOLDINGS/SALLY CAP
N/A
Sally Holdings LLC / Sally Capital Inc
79546VAL0
369000.000000000000
PA
USD
374304.380000000000
0.7127650196
Long
DBT
CORP
US
N
2
2025-12-01
Fixed
5.625000000000
N
N
N
N
N
N
SALLY HOLDINGS/SALLY CAP
N/A
Sally Holdings LLC / Sally Capital Inc
79546VAM8
112000.000000000000
PA
USD
117181.120000000000
0.2231408654
Long
DBT
CORP
US
N
2
2025-04-30
Fixed
8.750000000000
N
N
N
N
N
N
SCOTTS MIRACLE-GRO CO
2TH9E0JTOUXOEGI2R879
Scotts Miracle-Gro Co/The
810186AP1
200000.000000000000
PA
USD
203517.000000000000
0.3875450202
Long
DBT
CORP
US
N
2
2026-12-15
Fixed
5.250000000000
N
N
N
N
N
N
TRANSDIGM INC
88Q84GB3X55CF5OC7582
TransDigm Inc
893647BE6
224000.000000000000
PA
USD
230242.880000000000
0.4384374847
Long
DBT
CORP
US
N
2
2026-03-15
Fixed
6.250000000000
N
N
N
N
N
N
US FOODS INC
5493000JOOFAOUY1JZ87
US Foods Inc
90290MAC5
380000.000000000000
PA
USD
389988.300000000000
0.7426309526
Long
DBT
CORP
US
N
2
2025-04-15
Fixed
6.250000000000
N
N
N
N
N
N
UBER TECHNOLOGIES INC
549300B2FTG34FILDR98
Uber Technologies Inc
90353TAC4
232000.000000000000
PA
USD
246778.400000000000
0.4699250677
Long
DBT
CORP
US
N
2
2026-11-01
Fixed
8.000000000000
N
N
N
N
N
N
UBER TECHNOLOGIES INC
549300B2FTG34FILDR98
Uber Technologies Inc
90353TAF7
377000.000000000000
PA
USD
393816.090000000000
0.7499199798
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
7.500000000000
N
N
N
N
N
N
UNIVAR SOLUTIONS USA INC
5493008FTB9VZW6CVA82
Univar Solutions USA Inc/Washington
91337CAA4
240000.000000000000
PA
USD
240228.000000000000
0.4574515402
Long
DBT
CORP
US
N
2
2027-12-01
Fixed
5.125000000000
N
N
N
N
N
N
VAIL RESORTS INC
529900PSZHRNU9HKH870
Vail Resorts Inc
91879QAL3
550000.000000000000
PA
USD
569010.750000000000
1.0835324940
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
6.250000000000
N
N
N
N
N
N
2022-05-13
Manager Directed Portfolios
/s/ Scott Ostrowski
Scott Ostrowski
President