1
Portfolio
of
Investments
April
30,
2026
JQC
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
153.2%
(93.4%
of
Total
Investments)
ASSET-BACKED
SECURITIES
-
6.6%
(4.0%
of
Total
Investments)
–
$
4,500,000
(a),(b)
AIMCO
CLO
10
Ltd,
Series
2019
10A,
(TSFR3M
+
4.250%)
7.914
%
07/22/37
$
4,506,273
1,500,000
(a),(b)
Allegany
Park
CLO
Ltd,
Series
2019
1A,
(TSFR3M
+
6.400%)
10.075
01/20/35
1,260,865
1,500,000
(a),(b)
Allegro
CLO
XIII
Ltd,
Series
2021
1A,
(TSFR3M
+
6.300%)
9.975
07/20/38
1,480,470
1,000,000
(a),(b)
Anchorage
Capital
CLO
7
Ltd,
Series
2015
7A,
(TSFR3M
+
7.000%)
10.670
04/28/37
998,436
750,000
(a),(b)
Apidos
Clo
Lvi,
Series
2026
56A,
(TSFR3M
+
5.300%)
0.000
04/24/39
760,415
750,000
(a),(b)
Ares
LXIII
CLO
Ltd,
Series
2022
63A,
(TSFR3M
+
6.000%)
9.673
10/15/38
726,095
1,000,000
(a),(b)
Ares
XXXIV
CLO
Ltd,
Series
2015
2A,
(TSFR3M
+
5.500%)
9.180
07/17/38
994,286
1,000,000
(a),(b)
Barings
CLO
Ltd
2026-I,
Series
2026
1A,
(TSFR3M
+
3.100%)
6.765
04/15/39
1,001,291
1,000,000
(a),(b)
Barings
CLO
Ltd
2026-I,
Series
2026
1A,
(TSFR3M
+
6.050%)
9.715
04/15/39
1,003,023
963,000
(a),(b)
Carlyle
US
CLO
2022-4
Ltd,
Series
2022
4A,
(TSFR3M
+
6.750%)
11.376
07/25/36
950,626
2,250,000
(a),(b)
Carlyle
US
CLO
2022-4
Ltd,
Series
2022
4A,
(TSFR3M
+
3.100%)
6.768
07/25/36
2,253,206
1,000,000
(a),(b)
Carlyle
US
CLO
2026-3
Ltd,
Series
2026
3A,
(TSFR3M
+
3.000%)
0.000
04/15/39
1,001,241
1,000,000
(a),(b)
Carlyle
US
CLO
2026-3
Ltd,
Series
2026
3A,
(TSFR3M
+
6.000%)
0.000
04/15/39
1,003,188
1,000,000
(a),(b)
CIFC
Funding
2020-I
Ltd,
Series
2020
1A,
(TSFR3M
+
6.512%)
10.185
07/15/36
1,000,050
2,500,000
(a),(b)
CIFC
Funding
2021-I
Ltd,
Series
2021
1A,
(TSFR3M
+
6.000%)
9.667
07/25/37
2,492,165
1,250,000
(a),(b)
CIFC
Funding
2021-IV
Ltd,
Series
2021
4A,
(TSFR3M
+
6.200%)
9.866
07/23/37
1,253,780
1,000,000
(a),(b),(c)
GoldenTree
Loan
Management
US
CLO
29
Ltd,
Series
2026
29A,
(TSFR3M
+
2.950%)
0.000
04/20/39
1,001,242
1,000,000
(a),(b)
Goldentree
Loan
Management
US
Clo
8
Ltd,
Series
2020
8A,
(TSFR3M
+
2.900%)
6.568
10/20/34
1,001,443
1,000,000
(a),(b)
Invesco
US
CLO
2023-1
Ltd,
Series
2023
1A,
(TSFR3M
+
6.900%)
10.564
04/22/37
967,477
1,000,000
(a),(b)
Invesco
US
CLO
2024-3
Ltd,
Series
2024
3A,
(TSFR3M
+
6.500%)
10.168
07/20/37
985,470
4,000,000
(a),(b)
KKR
CLO
32
Ltd,
Series
2024
32A,
(TSFR3M
+
5.300%)
8.973
04/15/37
4,007,720
4,000,000
(a),(b)
KKR
CLO
40
Ltd,
Series
E
40A,
(TSFR3M
+
7.250%)
10.925
10/20/34
3,617,340
1,250,000
(a),(b)
Magnetite
LV
Ltd,
Series
2026
55A,
(TSFR3M
+
5.000%)
8.680
04/15/39
1,257,813
500,000
(a),(b)
Neuberger
Berman
CLO
XXII
Ltd,
Series
2016
22A,
(TSFR3M
+
6.250%)
9.930
04/17/40
508,671
750,000
(a),(b)
Neuberger
Berman
CLO
XXII
Ltd,
Series
2016
22A,
(TSFR3M
+
3.150%)
6.830
04/17/40
751,811
3,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
24
Ltd,
Series
2017
24A,
(TSFR3M
+
7.000%)
10.675
10/19/38
3,009,660
4,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
55
Ltd,
Series
2024
55A,
(TSFR3M
+
6.500%)
10.164
04/22/38
4,014,488
1,500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
LaSalle
Street
Lending
CLO
II
Ltd,
Series
2024
2A,
(TSFR3M
+
7.500%)
11.175
04/20/38
1,505,774
500,000
(a),(b)
OCP
CLO
2018-15
Ltd,
Series
2018
15A,
(TSFR3M
+
2.750%)
6.418
01/20/38
500,820
1,500,000
(a)
OHA
Credit
Funding
10-R
Ltd,
Series
2021
10RX,
(TSFR3M
+
4.850%),
Reg
S
8.518
07/18/38
1,486,303
500,000
(a),(b)
Palmer
Square
CLO
2025-2
Ltd,
Series
2025
2A,
(TSFR3M
+
5.750%)
9.418
07/20/38
503,158
2,500,000
(a),(b)
RAD
CLO
24
Ltd,
Series
2024
24A,
(TSFR3M
+
6.500%)
10.175
07/20/37
2,456,450
1,300,000
(a),(b)
REESE
PARK
CLO
LTD,
Series
2020
1A,
(TSFR3M
+
6.000%)
9.673
01/15/38
1,157,534
1,500,000
(a),(b)
Sixth
Street
CLO
XXV
Ltd,
Series
2024
25A,
(TSFR3M
+
6.000%)
9.668
07/24/37
1,511,144
TOTAL
ASSET-BACKED
SECURITIES
(Cost
$53,618,234)
52,929,728
SHARES
DESCRIPTION
VALUE
2920704
COMMON
STOCKS
-
0.4%
(0.2%
of
Total
Investments)
2920704
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
(0.0%
of
Total
Investments)
196
(d),(e)
Belk,
Inc
1,568
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
1,568
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
2
SHARES
DESCRIPTION
VALUE
CONSUMER
SERVICES
-
0.1%
(0.1%
of
Total
Investments)
41,905
(e)
Cengage
Learning
Holdings
II,
Inc
$
775,242
TOTAL
CONSUMER
SERVICES
775,242
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
(0.0%
of
Total
Investments)
242,758
(e)
Onex
Carestream
Finance
LP
60,690
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
60,690
MATERIALS
-
0.1%
(0.0%
of
Total
Investments)
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl
37,018
26,505
(e)
Kleopatra
Finco
Sarl,
Class
A
37,018
26,505
(e)
Kleopatra
Finco
Sarl,
Class
B
37,018
26,505
(e)
Kleopatra
Finco
Sarl,
Class
C
37,018
89
LyondellBasell
Industries
NV,
Class
A
6,640
TOTAL
MATERIALS
339,802
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
(0.0%
of
Total
Investments)
39,129
(e)
Bright
Bidco
BV
12,404
28,645
(e)
Bright
Bidco
BV
9,080
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
21,484
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
(0.0%
of
Total
Investments)
1,069
(e)
MLN
US
Holdco
LLC
54
43,238
(e)
Riverbed
Technology
LLC
432
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
486
TELECOMMUNICATION
SERVICES
-
0.2%
(0.1%
of
Total
Investments)
84,538
(e)
Altice
France
Lux
3
1,721,432
TOTAL
TELECOMMUNICATION
SERVICES
1,721,432
TOTAL
COMMON
STOCKS
(Cost
$10,352,339)
2,920,704
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
210685351
CORPORATE
BONDS
-
26.4%
(16.1%
of
Total
Investments)
(f)
210685351
AUTOMOBILES
&
COMPONENTS
-
0.6%
(0.4%
of
Total
Investments)
$
2,060,000
(b)
Dexko
Global
Inc
7.500
%
04/15/32
1,853,526
3,000,000
(g)
Ford
Motor
Credit
Co
LLC
7.200
06/10/30
3,173,773
TOTAL
AUTOMOBILES
&
COMPONENTS
5,027,299
CAPITAL
GOODS
-
2.1%
(1.2%
of
Total
Investments)
2,028,000
(b)
Camelot
Return
Merger
Sub
Inc
8.750
08/01/28
1,292,812
2,000,000
(b),(g)
Chart
Industries
Inc
7.500
01/01/30
2,076,262
2,000,000
(b),(g)
EMRLD
Borrower
LP
/
Emerald
Co-Issuer
Inc
6.625
12/15/30
2,047,558
3,000,000
(b),(g)
Miter
Brands
Acquisition
Holdco
Inc
/
MIWD
Borrower
LLC
6.750
04/01/32
2,965,319
2,963,000
(g)
TransDigm
Inc
4.625
01/15/29
2,923,797
3,000,000
(b),(g)
TransDigm
Inc
6.000
01/15/33
3,028,679
2,000,000
(b),(g)
Windsor
Holdings
III
LLC
8
.500
06/15/30
2,087,770
TOTAL
CAPITAL
GOODS
16,422,197
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.2%
(0.7%
of
Total
Investments)
4,000,000
(b),(g)
Allied
Universal
Holdco
LLC
7.875
02/15/31
4,195,488
1,500,000
(b),(g)
Allied
Universal
Holdco
LLC/Allied
Universal
Finance
Corp/
Atlas
Luxco
4
Sarl
4.625
06/01/28
1,477,571
1,500,000
(b)
Madison
IAQ
LLC
4.125
06/30/28
1,479,099
2,500,000
(b),(g)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc
3.375
08/31/27
2,451,302
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
9,603,460
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.9%
(0.6%
of
Total
Investments)
3,900,000
(b),(g)
Academy
Ltd
6.000
11/15/27
3,900,015
1,500,000
(b),(g)
Carvana
Co
9.000
06/01/30
1,560,381
1,850,000
(b)
Wand
NewCo
3
Inc
7.625
01/30/32
1,925,909
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
7,386,305
3
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
SERVICES
-
1.3%
(0.8%
of
Total
Investments)
$
6,617,000
(b),(g)
1011778
BC
ULC
/
New
Red
Finance
Inc
4.000
%
10/15/30
$
6,295,138
1,193,000
(b),(g)
1011778
BC
ULC
/
New
Red
Finance
Inc
3.500
02/15/29
1,149,501
3,000,000
(b),(g)
Caesars
Entertainment
Inc
6.500
02/15/32
2,914,965
500,000
(b)
Premier
Entertainment
Sub
LLC
/
Premier
Entertainment
Finance
Corp
5.625
09/01/29
325,825
TOTAL
CONSUMER
SERVICES
10,685,429
ENERGY
-
1.9%
(1.2%
of
Total
Investments)
900,610
(b)
Borr
IHC
Ltd
/
Borr
Finance
LLC
10.000
11/15/28
940,866
5,000,000
(b),(g)
DT
Midstream
Inc
4.375
06/15/31
4,833,443
1,000,000
(b)
EG
Global
Finance
PLC
12.000
11/30/28
1,066,739
2,000,000
(g)
Expand
Energy
Corp
4.750
02/01/32
1,960,933
3,201,000
(b),(g)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.250
11/01/28
3,217,924
2,000,000
(g)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
6.000
02/15/28
1,998,263
1,250,000
(b),(h),(i)
Venture
Global
LNG
Inc
9.000
N/A
1,236,303
TOTAL
ENERGY
15,254,471
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.4%
(0.8%
of
Total
Investments)
5,250,000
(g)
American
Tower
Corp
2.950
01/15/51
3,257,575
2,000,000
(g)
Crown
Castle
Inc
2.250
01/15/31
1,773,149
3,290,000
(b),(j)
Office
Properties
Income
Trust
9.000
03/31/29
3,314,675
2,000,000
(b)
Office
Properties
Income
Trust
9.000
09/30/29
1,640,000
715,000
Service
Properties
Trust
8.875
06/15/32
733,724
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
10,719,123
FINANCIAL
SERVICES
-
0.1%
(0.1%
of
Total
Investments)
1,000,000
(b),(g)
LPL
Holdings
Inc
4.625
11/15/27
995,464
TOTAL
FINANCIAL
SERVICES
995,464
FOOD,
BEVERAGE
&
TOBACCO
-
0.4%
(0.3%
of
Total
Investments)
691,000
(b)
Froneri
Lux
FinCo
SARL
6.000
08/01/32
683,420
2,875,000
(b)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
4.375
04/30/29
2,805,699
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
3,489,119
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
2.0%
(1.2%
of
Total
Investments)
3,475,000
(b),(g)
Medline
Borrower
LP
3.875
04/01/29
3,376,179
1,189,000
(b)
Medline
Borrower
LP
5.250
10/01/29
1,183,305
5,970,101
(b),(g)
Team
Health
Holdings
Inc,
(cash
9.000%,
PIK
4.500%)
9.000
06/30/28
6,276,069
1,285,000
(b)
Team
Health
Holdings
Inc
8.375
06/30/28
1,289,343
3,849,000
(g)
Tenet
Healthcare
Corp
6.125
10/01/28
3,858,696
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
15,983,592
INSURANCE
-
1.5%
(0.9%
of
Total
Investments)
625,000
(b),(g)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
4.250
10/15/27
615,337
2,175,000
(b),(g)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6.750
04/15/28
2,199,886
6,000,000
(b),(g)
HUB
International
Ltd
7.250
06/15/30
6,206,826
3,000,000
(b),(g)
Panther
Escrow
Issuer
LLC
7.125
06/01/31
3,014,048
TOTAL
INSURANCE
12,036,097
MATERIALS
-
2.5%
(1.5%
of
Total
Investments)
3,500,000
(b),(g)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC
4.000
09/01/29
3,275,700
6,425,000
(g)
Ball
Corp
6.000
06/15/29
6,536,435
3,000,000
(b),(g)
Clydesdale
Acquisition
Holdings
Inc
6.875
01/15/30
2,933,106
1,500,000
(b)
Consolidated
Energy
Finance
SA
5.625
10/15/28
1,425,000
5,000,000
(b),(g)
Novelis
Corp
4.750
01/30/30
4,789,914
690,000
(b)
Qnity
Electronics
Inc
5.750
08/15/32
696,639
TOTAL
MATERIALS
19,656,794
MEDIA
&
ENTERTAINMENT
-
2.9%
(1.7%
of
Total
Investments)
1,420,155
(b)
Advantage
Sales
&
Marketing
Inc
9.000
11/15/30
1,132,759
7,000,000
(g)
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
3.500
03/01/42
4,765,629
1,365,000
(b)
Directv
Financing
LLC
/
Directv
Financing
Co-Obligor
Inc
10.000
02/15/31
1,420,269
2,000,000
(b)
DISH
DBS
Corp
5.750
12/01/28
1,964,980
591,897
(b)
iHeartCommunications
Inc
9.125
05/01/29
593,001
5,299,000
(b),(g)
McGraw-Hill
Education
Inc
5.750
08/01/28
5,258,801
2,110,000
(b)
Neptune
Bidco
US
Inc
9.500
02/15/33
2,111,674
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
4
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
(continued)
$
1,000,000
(b)
Nexstar
Media
Inc
6.500
%
09/15/33
$
1,007,696
1,000,000
(b)
Scripps
Escrow
II
Inc
3.875
01/15/29
947,538
1,000,000
(b)
Sinclair
Television
Group
Inc
8.125
02/15/33
1,035,570
1,149,000
(b)
Telesat
Canada
/
Telesat
LLC
6.500
10/15/27
689,401
2,000,000
(b),(g)
Virgin
Media
Secured
Finance
PLC
5.500
05/15/29
1,929,731
TOTAL
MEDIA
&
ENTERTAINMENT
22,857,049
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.7%
(0.4%
of
Total
Investments)
713,000
(b)
1261229
BC
Ltd
10.000
04/15/32
736,371
2,000,000
(g)
Amgen
Inc
3.150
02/21/40
1,553,994
1,500,000
(b)
GENMAB
A/S/GENMAB
FINANCE
LLC
6.250
12/15/32
1,539,375
1,500,000
(b)
Jazz
Securities
DAC
4.375
01/15/29
1,466,982
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
5,296,722
SOFTWARE
&
SERVICES
-
0.8%
(0.5%
of
Total
Investments)
1,189,000
(b)
Cloud
Software
Group
Inc
8.250
06/30/32
1,129,595
1,000,000
(b)
Cloud
Software
Group
Inc
6.500
03/31/29
973,656
1,185,000
(b)
Open
Text
Holdings
Inc
4.125
12/01/31
1,011,841
3,666,485
(b),(g)
Rackspace
Finance
LLC
3
.500
05/15/28
1,805,744
1,500,000
(b),(g)
SS&C
Technologies
Inc
5.500
09/30/27
1,498,684
TOTAL
SOFTWARE
&
SERVICES
6,419,520
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.1%
(0.1%
of
Total
Investments)
875,000
(b)
Viasat
Inc
7.500
05/30/31
876,927
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
876,927
TELECOMMUNICATION
SERVICES
-
3.7%
(2.3%
of
Total
Investments)
1,673,644
(b)
Altice
France
SA
6.875
07/15/32
1,646,296
1,000,000
(b)
Connect
Holding
II
LLC
10.500
04/03/31
1,019,033
1,298,000
EchoStar
Corp,
(cash
6.750%,
PIK
6.750%)
6.750
11/30/30
1,316,973
4,654,000
(g)
EchoStar
Corp
10.750
11/30/29
5,053,092
2,000,000
(g)
Frontier
Communications
Holdings
LLC
5.875
11/01/29
2,010,056
1,978,000
(b),(g)
Frontier
Communications
Holdings
LLC
6.000
01/15/30
1,988,924
1,500,000
(b),(g)
Iliad
Holding
SAS
7.000
10/15/28
1,510,258
1,440,000
(b)
Level
3
Financing
Inc
8.500
01/15/36
1,542,256
220,000
(b)
Telesat
Canada
/
Telesat
LLC
5.625
12/06/26
188,100
4,000,000
(g)
T-Mobile
USA
Inc
3.500
04/15/31
3,784,331
6,220,009
(b),(g)
Zayo
Group
Holdings
Inc,
(cash
5.750%,
PIK
0.500%)
9.250
03/09/30
6,225,302
3,385,207
(b),(g)
Zayo
Group
Holdings
Inc,
(cash
7.125%,
PIK
1.875%)
13.750
09/09/30
3,337,814
TOTAL
TELECOMMUNICATION
SERVICES
29,622,435
TRANSPORTATION
-
0.4%
(0.3%
of
Total
Investments)
1,975,000
(g)
Delta
Air
Lines
Inc
3.750
10/28/29
1,901,535
1,623,000
(b),(g)
United
Airlines
Inc
4.625
04/15/29
1,602,104
TOTAL
TRANSPORTATION
3,503,639
UTILITIES
-
1.9%
(1.1%
of
Total
Investments)
1,940,000
(g)
Pacific
Gas
and
Electric
Co
4.550
07/01/30
1,918,152
2,000,000
(g)
Pacific
Gas
and
Electric
Co
4.500
07/01/40
1,719,961
6,318,000
(g)
PG&E
Corp
5.000
07/01/28
6,287,080
3,000,000
(g)
PG&E
Corp
5.250
07/01/30
2,969,897
713,000
(b)
Talen
Energy
Supply
LLC
6.250
02/01/34
707,679
1,189,000
(b)
Vistra
Operations
Co
LLC
7.750
10/15/31
1,246,940
TOTAL
UTILITIES
14,849,709
TOTAL
CORPORATE
BONDS
(Cost
$205,791,340)
210,685,351
SHARES
DESCRIPTION
VALUE
1,002,800
EXCHANGE-TRADED
FUNDS
-
0.1%
(0.1%
of
Total
Investments)
1,002,800
40,000
Nuveen
AA-BBB
CLO
ETF
1,002,800
TOTAL
EXCHANGE-TRADED
FUNDS
(Cost
$1,002,600)
1,002,800
5
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
957354348
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
-
119.7%
(73.0%
of
Total
Investments)
957354348
AUTOMOBILES
&
COMPONENTS
-
1.1%
(0.7%
of
Total
Investments)
$
3,162,320
(a)
Clarios
Global
LP,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
%
05/06/30
$
3,180,108
3,437,675
(a)
Clarios
Global
LP,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
01/28/32
3,458,456
1,962,250
(a),(k)
DexKo
Global
Inc.,
Term
Loan
B,
(TSFR3M
+
4.500%)
8.147
10/20/31
1,869,858
TOTAL
AUTOMOBILES
&
COMPONENTS
8,508,422
CAPITAL
GOODS
-
14.4%
(8.8%
of
Total
Investments)
4,397,665
(a)
ACProducts,
Inc.,
Term
Loan
B,
(TSFR3M
+
4.250%)
8.211
05/17/28
3,580,381
92,390
(a),(l)
Air
Comm
Corporation,
LLC,
Delayed
Draw
Term
Loan
1.000
12/11/31
92,880
1,890,484
(a)
Air
Comm
Corporation,
LLC,
Term
Loan,
(TSFR3M
+
2.750%)
6.436
12/11/31
1,900,522
797,990
(a)
Albion
Financing
3
SARL,
Term
Loan,
(TSFR3M
+
3.000%)
6.664
05/21/31
802,878
820,000
(a)
Allison
Transmission,
Inc.,
Incremental
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
01/03/33
825,933
1,015,000
(a)
Amentum
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
09/29/31
1,017,223
1,633,131
(a),(k)
American
Trailer
World
Corp.,
Term
Loan
B,
(TSFR1M
+
3.750%)
7.502
03/03/28
1,233,422
921,960
(a)
Artera
Services,
LLC,
Term
Loan,
(TSFR1M
+
4.500%)
8.152
02/10/31
792,503
2,434,393
(a)
Barnes
Group
Inc,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
01/27/32
2,437,947
3,962,000
(a)
BCPE
Empire
Holdings,
Inc.,
10th
Amendment
Term
Loan,
(TSFR1M
+
3.500%)
7.152
12/29/32
3,963,228
1,858,295
(a)
BCPE
Empire
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
12/26/30
1,856,846
225,585
(a),(k)
Bleriot
US
Bidco
Inc.,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.950
10/17/30
226,495
1,880,581
(a)
Brand
Industrial
Services
Inc,
Term
Loan
B,
(TSFR3M
+
4.500%)
8.164
08/01/30
1,638,268
3,343,800
(a),(k)
Centuri
Group,
Inc,
Refinance
Term
Loan
B,
(TSFR1M
+
2.000%)
5.665
07/09/32
3,355,921
6,263,852
(a)
Chamberlain
Group
Inc,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
09/08/32
6,264,760
1,103,624
(a)
Chart
Industries,
Inc.,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.182
03/18/30
1,107,421
952,783
(a)
Columbus
McKinnon
Corporation,
Term
Loan
B,
(TSFR3M
+
3.500%)
7.200
02/03/33
955,565
1,462,000
(a)
CompoSecure
Holdings
LLC,
Term
Loan,
(TSFR1M
+
2.250%)
5.918
01/14/33
1,468,097
3,115,905
(a),(k)
Conair
Holdings,
LLC,
Term
Loan
B,
(TSFR1M
+
3.750%)
7.517
05/17/28
2,206,450
7,566,163
(a)
Core
&
Main
LP,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.654
07/27/28
7,596,087
1,401,514
(a)
Cornerstone
Building
Brands,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.250%)
7.024
04/12/28
872,120
2,173,108
(a)
CP
Atlas
Buyer,
Inc.,
Term
Loan,
(TSFR1M
+
5.250%)
8.902
07/08/30
1,955,124
2,174,000
(a)
Dycom
Investments
Inc,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.405
01/27/33
2,193,033
1,594,307
(a)
Gates
Global
LLC,
Term
Loan
B5,
(TSFR1M
+
1.750%)
5.402
06/04/31
1,598,620
1,560,923
(a)
Gibraltar
Industries
Inc,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.908
02/02/33
1,562,874
1,312,000
(a)
Green
Infrastructure
Partners
Inc,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.450
09/24/32
1,316,920
444,956
(a),(k),(l)
Kaman
Corporation,
Delayed
Draw
Term
Loan
1.000
02/26/32
447,383
3,802,290
(a),(k)
Kaman
Corporation,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.950
02/26/32
3,823,031
1,253,000
(a),(k)
LSF12
Helix
Parent
LLC,
Term
Loan
B,
(TSFR1M
+
3.500%)
7.152
02/10/33
1,255,199
1,037,474
(a),(k)
Madison
Safety
&
Flow
LLC,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.500%)
6.154
09/26/31
1,041,085
661,000
(a)
Oregon
Tool,
Inc.,
First
Lien
Term
Loan,
(TSFR3M
+
5.350%)
9.002
10/15/29
667,094
234,677
(a),(l)
Pinnacle
Buyer
LLC,
Delayed
Draw
Term
Loan
2.500
10/01/32
236,008
1,217,272
(a)
Pinnacle
Buyer
LLC,
Term
Loan,
(TSFR3M
+
2.500%)
6.182
10/01/32
1,224,174
4,134,442
(a)
Quikrete
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
01/31/32
4,142,587
9,384,387
(a),(k)
Quikrete
Holdings,
Inc.,
Term
Loan
B1,
(TSFR1M
+
2.250%)
5.902
04/14/31
9,401,091
1,417,333
(a)
QXO
Inc,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
04/30/32
1,419,516
2,144,848
(a)
Resideo
Funding
Inc.,
Incremental
Term
Loan,
(TSFR3M
+
2.000%)
5.674
08/13/32
2,151,111
5,429,000
(a),(k)
Resilience
Parent
LLC,
First
Lien
Term
Loan,
(TSFR6M
+
2.500%)
6.126
02/28/33
5,448,001
8,694,906
(a),(k)
TK
Elevator
Midco
GmbH,
Term
Loan
B,
(TSFR6M
+
2.750%)
6.377
04/30/30
8,778,855
2,000,000
(a)
TK
Elevator
Midco
GmbH,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.442
04/30/30
2,017,920
1,500,729
(a)
TransDigm,
Inc.,
Term
Loan,
(TSFR1M
+
2.500%)
6
.152
01/20/32
1,504,728
8,488,221
(a)
TransDigm,
Inc.,
Term
Loan
J,
(TSFR1M
+
2.500%)
6.152
02/28/31
8,510,461
1,906,270
(a)
TransDigm,
Inc.,
Term
Loan
K,
(TSFR1M
+
2.250%)
5.902
03/22/30
1,911,370
6,061,864
(a)
TransDigm,
Inc.,
Term
Loan
M,
(TSFR1M
+
2.500%)
6.152
08/19/32
6,079,050
1,150,000
(a),(c)
TransDigm,
Inc.,
Term
Loan
N,
(TBD)
TBD
TBD
1,153,203
1,145,000
(a),(c)
VSE
Corp,
(TBD)
TBD
TBD
1,151,681
TOTAL
CAPITAL
GOODS
115,185,066
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
6
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
9.3%
(5.7%
of
Total
Investments)
$
7,999,713
(a)
Allied
Universal
Holdco
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
%
08/20/32
$
8,031,792
2,535,188
(a),(k)
Anticimex
International
AB,
Term
Loan,
(SOFR90A
+
2.900%)
6.560
11/17/31
2,545,760
1,451,222
(a)
Archkey
Solutions
LLC,
Term
Loan
B,
(TSFR3M
+
4.000%)
7.700
11/03/31
1,459,385
1,333,000
(a)
CACI
International,
Inc.,
Incremental
Term
Loan
B2,
(TSFR1M
+
1.750%)
5.402
03/09/33
1,339,665
556,272
(a),(k)
CoreLogic,
Inc.,
Term
Loan,
(TSFR1M
+
3.500%)
7.267
06/02/28
545,841
2,647,093
(a)
Creative
Artists
Agency,
LLC
,
Repriced
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
10/01/31
2,657,932
7,835,000
(a)
Dayforce,
Inc.,
Term
Loan,
(TSFR3M
+
3.000%)
6.663
02/04/33
7,410,931
3,388,000
(a),(k)
Ensemble
RCM,
LLC,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.663
02/09/33
3,369,739
9,067,409
(a)
Garda
World
Security
Corporation,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.419
02/01/29
9,073,076
2,300,789
(a),(k)
GFL
Environmental
Inc.,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.166
03/03/32
2,308,704
480,000
(a)
Heritage
Environmental
Services,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.677
03/21/33
482,400
207,323
(a)
Medical
Solutions
Holdings,
Inc.,
First
Lien
Term
Loan,
(TSFR3M
+
3.500%)
7.263
11/01/28
34,339
1,796,949
(a)
OMNIA
Partners
LLC,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.433
12/31/32
1,809,302
1,652,857
(a)
Openlane
Inc,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.140
10/08/32
1,661,122
2,795,404
(a)
PG
Investment
Company
59
S.a
r.l.,
Repriced
Term
Loan
B,
(TSFR3M
+
2.250%)
5.950
03/26/31
2,813,085
1,331,144
(a)
Prime
Security
Services
Borrower,
LLC,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.000%)
5.657
10/15/30
1,333,920
935,276
(a)
Prime
Security
Services
Borrower,
LLC,
Incremental
Term
Loan
B,
(TSFR1M
+
1.750%)
5.407
03/08/32
926,873
607,750
(a),(l)
Pye-Barker
Fire
&
Safety,
LLC,
Delayed
Draw
Term
Loan,
(N/A
+
TSFR3M
+
1.875%)
3.707
12/16/32
610,932
4,067,250
(a)
Pye-Barker
Fire
&
Safety,
LLC,
Term
Loan,
(TSFR3M
+
2.500%)
6.163
12/16/32
4,088,542
3,118,861
(a)
Reverb
Buyer,
Inc.,
Steerco
Term
Loan,
(TSFR3M
+
3.500%)
7.263
11/01/28
2,245,580
483,787
(a)
Reworld
Holding
Corp,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.250%)
5.904
01/15/31
484,997
240,011
(a)
Reworld
Holding
Corp,
First
Lien
Term
Loan
C,
(TSFR1M
+
2.250%)
5.911
01/15/31
240,554
1,731,663
(a)
Reworld
Holding
Corp,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
11/30/28
1,736,174
1,476,989
(a)
Reworld
Holding
Corp,
Term
Loan
B1,
(TSFR1M
+
2.250%)
5.911
01/15/31
1,480,335
696,981
(a)
Signal
Parent,
Inc,
Term
Loan
B,
(TSFR3M
+
3.500%)
7.263
04/03/28
431,494
1,097,405
(a)
Spin
Holdco
Inc.,
First
Lien
First
Out
Term
Loan,
(TSFR3M
+
5.430%)
9.096
09/04/30
1,121,482
6,944,653
(a),(k)
Spin
Holdco
Inc.,
First
Lien
Second
Out
Term
Loan,
(TSFR3M
+
4.000%)
7.928
09/04/30
4,913,342
1,606,226
(a)
West
Corporation,
Term
Loan
B3,
(TSFR3M
+
4.000%)
7.913
04/12/27
311,728
8,593,370
(a),(k)
WIN
Waste
Innovations
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.517
03/27/28
8,625,595
0
(a)
XPLOR
T1
LLC,
Term
Loan,
(TSFR3M
+
3.500%)
7.167
12/01/32
0
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
74,094,621
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
3.5%
(2.1%
of
Total
Investments)
371,875
(a)
Academy,
Ltd.,
Term
Loan,
(TSFR1M
+
3.750%)
7.517
11/08/27
372,959
3,918,179
(a)
Belron
Finance
LLC,
Repriced
Term
Loan
B,
(TSFR3M
+
2.000%)
5.660
10/16/31
3,941,865
4,765,300
(a)
CNT
Holdings
I
Corp,
Term
Loan,
(TSFR3M
+
2.500%)
6.163
11/08/32
4,788,673
249,369
(a)
Dealer
Tire
Financial,
LLC,
Term
Loan
B4,
(TSFR1M
+
3.000%)
6.652
07/02/31
249,265
1,362,417
(a)
Johnstone
Supply
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.918
06/09/31
1,364,638
1,291,897
(a)
Les
Schwab
Tire
Centers,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.173
04/23/31
1,294,055
1,967,000
(a),(c)
Mister
Car
Wash
Holdings
Inc,
(TBD)
TBD
TBD
1,977,455
710,796
(a)
Mister
Car
Wash
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
03/27/31
711,561
1,190,017
(a)
Park
River
Holdings
Inc,
Term
Loan,
(TSFR3M
+
4.500%)
8.192
03/17/31
1,190,416
2,004,000
(a)
PetSmart,
Inc.,
Term
Loan
B,
(TSFR1M
+
4.000%)
7.652
08/18/32
2,014,651
2,943,022
(a)
Restoration
Hardware,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.267
10/20/28
2,903,717
4,369,972
(a)
Wand
NewCo
3,
Inc.,
Repriced
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
01/30/31
4,381,465
2,495,438
(a)
White
Cap
Buyer
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.918
10/29/29
2,487,864
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
27,678,584
7
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DURABLES
&
APPAREL
-
3.8%
(2.3%
of
Total
Investments)
$
3,778,482
(a)
ABG
Intermediate
Holdings
2
LLC,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
%
12/21/28
$
3,791,008
8,178,591
(a)
AI
Aqua
Merger
Sub,
Inc.,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
2.500%)
6.161
07/31/28
8,208,565
8,290,999
(a),(k)
Hayward
Industries,
Inc.,
Term
Loan,
(TSFR1M
+
2.500%)
6.267
05/30/28
8,339,584
792,880
(a)
MajorDrive
Holdings
IV
LLC,
Term
Loan
B,
(TSFR3M
+
4.000%)
7.961
06/01/28
758,631
6,165
(a)
Serta
Simmons
Bedding,
LLC,
New
Term
Loan,
(TSFR3M
+
7.500%)
11.314
06/29/28
5,801
1,731,150
(a)
Somnigroup
International
Inc,
Term
Loan
B,
(SOFR30A
+
2.250%)
5.900
10/24/31
1,741,251
239,985
(a)
Topgolf
Callaway
Brands
Corp.,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
03/18/30
241,561
1,731,934
(a)
Varsity
Brands,
Inc.,
First
Lien
Term
Loan,
(TSFR3M
+
2.750%)
6.450
08/26/31
1,731,285
4,480,000
(a)
Weber-Stephen
Products
LLC,
Term
Loan
B,
(TSFR3M
+
3.750%)
7.442
10/01/32
4,374,294
1,498,675
(a)
WH
Borrower,
LLC,
Term
Loan
B,
(TSFR3M
+
4.500%)
8.156
02/20/32
1,502,662
TOTAL
CONSUMER
DURABLES
&
APPAREL
30,694,642
CONSUMER
SERVICES
-
11.9%
(7.2%
of
Total
Investments)
8,961,550
(a)
101B.C.
Unlimited
Liability
Company,
Term
Loan
B6,
(TSFR1M
+
1.750%)
5.402
09/23/30
8,981,131
1,861,342
(a)
Alterra
Mountain
Company,
Term
Loan
B8,
(TSFR1M
+
2.500%)
6.152
05/31/30
1,869,094
4,085,571
(a)
Alterra
Mountain
Company,
Term
Loan
B9,
(TSFR1M
+
2.500%)
6.152
08/17/28
4,098,339
4,393,443
(a)
Caesars
Entertainment
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
02/06/30
4,274,469
1,898,750
(a)
Caesars
Entertainment
Inc.,
Term
Loan
B1,
(TSFR1M
+
2.250%)
5.902
02/06/31
1,843,572
1,365,861
(a)
Camelot
U.S.
Acquisition
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
01/31/31
1,286,040
1,445,000
(a)
Catawba
Nation
Gaming
Authority,
Term
Loan
B,
(TSFR3M
+
4.750%)
8.413
03/29/32
1,455,122
3,221,425
(a)
Churchill
Downs
Incorporated,
Incremental
Term
Loan
B1,
(TSFR1M
+
1.750%)
5.402
03/17/28
3,229,478
3,685,000
(a)
Delta
2
(LUX)
S.a.r.l.,
Term
Loan
B1,
(TSFR3M
+
1.750%)
5.450
09/19/31
3,696,976
3,026,511
(a)
Element
Materials
Technology
Group
US
Holdings
Inc.,
Term
Loan,
(TSFR3M
+
3.500%)
7.200
06/25/29
3,047,333
10,473,404
(a)
Fertitta
Entertainment,
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
01/29/29
10,401,399
9,775,000
(a)
Flutter
Financing
B.V.,
Term
Loan
B,
(TSFR3M
+
1.750%)
5.450
11/29/30
9,762,781
2,110,309
(a)
Flutter
Financing
B.V.,
Term
Loan
B,
(TSFR3M
+
2.000%)
5.700
06/04/32
2,103,060
1,597,958
(a)
GBT
US
III
LLC,
Term
Loan
B,
(TSFR3M
+
2.000%)
5.667
07/28/31
1,584,687
3,309,268
(a)
GVC
Holdings
(Gibraltar)
Limited,
Term
Loan
B6
(2029),
(TSFR3M
+
2.250%)
5.951
10/31/29
3,317,805
744,375
(a)
Herschend
Entertainment
Company,
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
05/27/32
748,503
3,231,412
(a)
Hilton
Domestic
Operating
Company,
Inc.,
Term
Loan
B4,
(TSFR1M
+
1.750%)
5.404
11/08/30
3,250,752
1,230,780
(a)
Hilton
Grand
Vacations
Borrower
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
08/02/28
1,233,205
1,636,760
(a)
Houghton
Mifflin
Harcourt
Publishing
Company,
Term
Loan,
(TSFR3M
+
5.250%)
9.013
04/09/29
1,342,880
10,170,136
(a)
IRB
Holding
Corp,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.154
12/16/30
10,208,274
4,608,715
(a)
Light
and
Wonder
International,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.653
04/16/29
4,617,356
3,442,135
(a)
Motion
Finco
Sarl,
Term
Loan
B,
(TSFR3M
+
3.500%)
7.200
11/30/29
3,059,198
5,304,803
(a)
Scientific
Games
Holdings
LP,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.674
04/04/29
5,230,748
2,967,148
(a)
SeaWorld
Parks
&
Entertainment,
Inc.,
Term
Loan
B3,
(TSFR1M
+
2.000%)
5.652
12/04/31
2,941,186
249,364
(a)
Station
Casinos
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
03/14/31
250,293
1,006,649
(a)
TKO
Worldwide
Holdings,
LLC,
Term
Loan,
(TSFR3M
+
2.000%)
5.664
11/21/31
1,010,495
TOTAL
CONSUMER
SERVICES
94,844,176
ENERGY
-
2.5%
(1.5%
of
Total
Investments)
3,591,000
(a),(k)
EG
America
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
02/10/31
3,599,080
3,632,973
(a)
Freeport
LNG
Investments,
LLLP,
Term
Loan
B,
(TSFR3M
+
3.250%)
6.925
01/31/33
3,643,200
5,454,348
(a),(k)
New
Fortress
Energy
Inc,
Incremental
Term
Loan
B,
(Prime
+
6.500%)
13.250
10/30/28
3,566,298
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
8
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
(continued)
$
3,115,224
(a)
Oryx
Midstream
Services
Permian
Basin
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.904
%
10/05/28
$
3,129,289
3,111,243
(a),(k)
TransMontaigne
Operating
Company
L.P.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
03/18/30
3,124,201
250,000
(a)
Traverse
Midstream
Partners
LLC,
Term
Loan,
(TSFR3M
+
2.500%)
6.163
02/16/28
250,656
2,815,000
(a),(k)
Venture
Global
Calcasieu
Pass,
LLC,
Term
Loan
B,
(TSFR6M
+
3.250%)
6.937
04/11/33
2,827,316
TOTAL
ENERGY
20,140,040
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.1%
(0.0%
of
Total
Investments)
425,866
Office
Properties
Income
Trust
12.000
05/04/26
436,513
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
436,513
FINANCIAL
SERVICES
-
1.9%
(1.1%
of
Total
Investments)
744,347
(a)
AAL
Delaware
Holdco,
Inc.,
Term
Loan,
(TSFR1M
+
2.750%)
6.402
07/30/31
748,738
407,509
(a)
Aragorn
Parent
Corporation,
Repriced
Term
Loan
B,
(TSFR3M
+
3.500%)
7.163
12/15/28
409,717
2,685,270
(a)
Beach
Acquisition
Bidco
LLC,
Term
Loan
B,
(TSFR3M
+
3.250%)
6.950
09/13/32
2,701,221
4,477,413
(a)
Colossus
Acquireco
LLC,
Term
Loan
B,
(SOFR90A
+
1.750%)
5.380
07/30/32
4,483,010
3,020,507
(a),(d),(j)
Ditech
Holding
Corporation,
Term
Loan
0.000
06/30/27
302
1,910,000
(a),(c)
Jupiter
Borrower
Inc,
(TBD)
TBD
TBD
1,919,550
781,285
(a)
Kestra
Advisor
Services
Holdings
A,
Inc.,
Repriced
Term
Loan,
(TSFR1M
+
3.000%)
6.652
03/24/31
783,727
1,083,000
(a)
Orion
US
Finco
Inc.,
First
Lien
Term
Loan,
(TSFR3M
+
3.500%)
7.169
10/12/32
1,083,509
2,870,562
(a)
Trans
Union,
LLC,
Term
Loan
B8,
(TSFR1M
+
1.750%)
5.402
06/24/31
2,874,337
TOTAL
FINANCIAL
SERVICES
15,004,111
FOOD,
BEVERAGE
&
TOBACCO
-
2.5%
(1.5%
of
Total
Investments)
1,928,656
(a)
CHG
PPC
Parent
LLC,
Term
Loan,
(TSFR1M
+
3.000%)
6.767
12/08/28
1,936,486
972,259
(a)
City
Brewing
Company,
LLC,
PIK
First
Out
Term
Loan,
(TSFR3M
+
7.000%),
(cash
10.672%,
PIK
7.000%)
10.673
09/30/30
145,839
219,717
(a)
City
Brewing
Company,
LLC,
PIK
Super
Priority
Term
Loan,
(TSFR3M
+
7.000%),
(cash
10.672%,
PIK
7.000%)
10.673
09/30/30
98,873
4,571,543
(a)
Froneri
Lux
Finco
Sarl,
Term
Loan,
(TSFR6M
+
2.250%)
5.877
09/30/32
4,547,016
1,895,850
(a)
Froneri
Lux
Finco
Sarl,
Term
Loan
B4,
(TSFR6M
+
2.250%)
5.877
09/30/31
1,884,769
1,422,000
(a)
Naked
Juice
LLC,
FLFO
Term
Loan,
(TSFR3M
+
5.500%)
9.200
01/24/29
1,420,869
4,209,663
(a)
Pegasus
BidCo
BV,
Repriced
Term
Loan
B,
(TSFR3M
+
2.750%)
6.403
07/12/29
4,234,669
4,420,000
(a)
Primo
Brands
Corporation,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.432
03/31/31
4,452,973
64,655
(a),(l)
Sauer
Brands
Inc,
Delayed
Draw
Term
Loan
3.000
02/19/32
64,978
680,205
(a)
Savor
Acquisition,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.663
02/19/32
683,606
655,105
(a)
Wayne
Sanderson
Farms
LLC,
Repriced
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
05/21/32
655,924
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
20,126,002
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
12.2%
(7.5%
of
Total
Investments)
933,003
(a)
ADMI
Corp.,
Term
Loan
B5,
(TSFR1M
+
5.750%)
9.402
12/23/27
884,020
4,484,379
(a)
AHP
Health
Partners,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
09/20/32
4,507,271
2,932,884
(a)
Bausch
&
Lomb
Corporation,
Repriced
Term
Loan,
(TSFR1M
+
3.750%)
7.402
01/15/31
2,953,517
0
(a)
FinThrive
Software
Intermediate
Holdings
Inc,
(TSFR1M
+
4.000%)
7.695
12/18/28
0
5,726,632
(a)
Gainwell
Acquisition
Corp.,
Term
Loan
B,
(TSFR3M
+
4.000%)
7.800
10/01/27
5,639,559
12,738,037
(a),(g)
Global
Medical
Response,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.500%)
7.157
09/20/32
12,801,091
5,386,016
(a),(k)
LifePoint
Health,
Inc.,
First
Lien
Term
Loan
B,
(TSFR3M
+
3.750%)
7.423
05/19/31
5,370,881
255,354
(a)
LifePoint
Health,
Inc.,
Incremental
Term
Loan
B1,
(TSFR3M
+
3.500%)
7.177
05/19/31
254,277
2,340,135
(a)
Lumexa
Imaging,
Inc.,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.700
12/17/32
2,353,661
1,635,879
(a)
Medline
Borrower,
LP,
Incremental
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
10/23/30
1,644,132
4,123,288
(a),(g)
Medline
Borrower,
LP,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
10/23/28
4,142,255
2,129,000
(a),(k)
National
Mentor
Holdings,
Inc.,
First
Lien
Term
Loan
B,
(TSFR1M
+
6.000%)
9.652
12/12/30
2,141,199
9
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
(continued)
$
1,714,000
(a)
Onex
TSG
Intermediate
Corp.,
Term
Loan
B,
(TSFR3M
+
3.250%)
6
.950
%
08/06/32
$
1,728,106
4,750,414
(a)
Opal
Bidco
SAS,
First
Lien
Term
Loan
B,
(TSFR3M
+
3.000%)
6.700
04/23/32
4,775,164
778,622
(a)
Pacific
Dental
Services,
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.161
03/17/31
781,453
10,552,200
(a)
Phoenix
Guarantor
Inc,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
02/21/31
10,600,107
4,176,638
(a)
Radiology
Partners
Inc,
Term
Loan,
(TSFR3M
+
4.500%)
8.200
06/30/32
4,117,915
2,345,000
(a),(c)
Select
Medical
Corp,
(TBD)
TBD
TBD
2,356,725
271,041
(a)
Sound
Inpatient
Physicians,
Tranche
A
Term
Loan
(First
Out),
(TSFR3M
+
3.250%),
(cash
9.461%,
PIK
1.000%)
5.231
06/28/28
273,751
4,890,625
(a)
Sound
Inpatient
Physicians,
Tranche
B
Term
Loan
(Second
Out),
(TSFR3M
+
2.500%),
(cash
7.461%,
PIK
1.500%)
4.481
06/28/28
4,841,719
2,462,748
(a)
Star
Parent
Inc.,
Term
Loan
B,
(TSFR3M
+
4.000%)
7.700
09/30/30
2,466,602
12,814,194
(a),(k)
Surgery
Center
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
12/19/30
12,863,209
6,254,076
(a)
Team
Health
Holdings,
Inc.,
Repriced
Term
Loan
B,
(TSFR3M
+
4.000%)
7.663
06/30/28
6,271,181
1,796,168
(a)
Upstream
Newco,
Inc.,
Term
Loan,
(TSFR3M
+
4.250%),
(cash
8.187%,
PIK
1.500%)
8.187
11/20/29
1,675,914
2,241,799
(a)
Viant
Medical
Holdings,
Inc.,
Term
Loan
B,
(TSFR1M
+
4.000%)
7.652
10/29/31
2,192,759
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
97,636,468
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.1%
(0.1%
of
Total
Investments)
1,163,845
(a)
VC
GB
Holdings
I
Corp.,
First
Lien
Term
Loan,
(TSFR3M
+
3.500%)
7.461
05/16/28
1,163,123
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
1,163,123
INSURANCE
-
9.1%
(5.5%
of
Total
Investments)
8,503,415
(a)
Acrisure,
LLC,
First
Lien
Term
Loan
B6,
(TSFR1M
+
3.000%)
6.652
11/06/30
8,390,745
3,552,172
(a)
Alera
Group,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
05/28/32
3,518,125
10,121,281
(a)
Alliant
Holdings
Intermediate,
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
09/19/31
10,116,524
2,253,994
(a)
AmWINS
Group,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
01/30/32
2,254,783
5,410,032
(a)
Asurion
LLC,
Term
Loan
B13,
(TSFR3M
+
4.250%)
7.913
09/19/30
5,419,689
3,871,480
(a)
Asurion
LLC,
Term
Loan
B14,
(TSFR3M
+
3.750%)
7.413
02/23/33
3,815,440
14,335,707
(a),(g)
Broadstreet
Partners,
Inc.,
Term
Loan
B4,
(TSFR1M
+
2.500%)
6.152
06/16/31
14,262,093
250,000
(a)
Evertec
Group,
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
10/15/30
250,938
7,305,103
(a)
HUB
International
Limited,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.922
06/20/30
7,331,219
486,986
(a)
Ryan
Specialty
Group,
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
09/15/31
489,116
3,147,084
(a)
Sedgwick
Claims
Management
Services,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
07/31/31
3,128,500
6,183,669
(a)
Truist
Insurance
Holdings
LLC,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.450
05/06/31
6,152,751
1,063,638
(a)
USI,
Inc.,
Term
Loan
C,
(TSFR3M
+
2.250%)
5.950
09/27/30
1,066,047
6,321,778
(a)
USI,
Inc.,
Term
Loan
D,
(TSFR3M
+
2.250%)
5.950
11/23/29
6,336,444
TOTAL
INSURANCE
72,532,414
MATERIALS
-
5.3%
(3.2%
of
Total
Investments)
1,338,577
(a)
Arsenal
AIC
Parent
LLC,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
08/19/30
1,345,269
1,000,555
(a)
Berlin
Packaging
LLC,
Term
Loan
B7,
(TSFR3M
+
3.250%)
6.941
06/09/31
987,298
6,725,343
(a)
Clydesdale
Acquisition
Holdings
Inc,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
04/01/32
6,257,797
680,155
(a)
Clydesdale
Acquisition
Holdings
Inc,
Term
Loan
B,
(TSFR1M
+
3.175%)
6.827
04/13/29
650,783
203,973
(a)
ECO
Services
Operations
Corp,
Term
Loan
B,
(TSFR3M
+
2.000%)
5.663
06/12/31
204,574
1,675,451
(a)
Fortis
333,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.500%)
7.152
04/02/32
1,656,251
1,350,000
(a)
Graham
Packaging
Company
Inc.,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
01/26/33
1,349,156
3,517,225
(a),(k)
Ineos
US
Finance
LLC,
Term
Loan
B,
(TSFR1M
+
3.250%)
6.902
02/19/30
3,284,209
2,119,613
(a),(k)
Ineos
US
Finance
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.252
11/09/28
2,092,058
685,000
(a),(c)
INEOS
US
Petrochem
LLC,
(TBD)
TBD
TBD
605,085
9,172
(a)
Klockner-Pentaplast
of
America,
Inc.,
Term
Loan,
(TSFR3M
+
3.500%),
(cash
5.663%,
PIK
5.000%)
5.332
01/30/31
8,021
5,960,165
(a)
Nouryon
Finance
B.V.,
Term
Loan
B1,
(TSFR6M
+
3.250%)
6.936
04/03/28
5,934,089
474,157
(a)
Nouryon
Finance
B.V.,
Term
Loan
B2,
(TSFR6M
+
3.250%)
6.937
04/03/28
472,232
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
10
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
(continued)
$
3,021,000
(a)
Proampac
PG
Borrower
LLC,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
4.000%)
7.658
%
02/22/33
$
2,958,314
4,640,370
(a),(g)
Qnity
Electronics
Inc,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
11/01/32
4,664,546
1,417,448
(a)
SCIH
Salt
Holdings
Inc.,
Repriced
Term
Loan
B,
(TSFR6M
+
2.750%)
6.350
01/31/29
1,423,535
1,720,000
(a)
Solstice
Advanced
Materials
Inc,
Term
Loan
B,
(TSFR3M
+
1.750%)
5.413
10/29/32
1,734,250
778,624
(a)
SupplyOne,
Inc,
Term
Loan
B,
(TSFR1M
+
3.500%)
7.152
04/21/31
782,354
5,933,673
(a)
TricorBraun
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
3.250%)
6.902
03/03/31
5,693,241
45,955
(a)
USALCO,
LLC,
Delayed
Draw
Term
Loan,
(TSFR1M
+
3.500%)
7.154
09/30/31
46,018
280,504
(a)
USALCO,
LLC,
Term
Loan,
(TSFR1M
+
3.500%)
7.154
09/30/31
280,890
TOTAL
MATERIALS
42,429,970
MEDIA
&
ENTERTAINMENT
-
8.0%
(4.9%
of
Total
Investments)
1,719,655
(a),(k)
Advantage
Sales
&
Marketing,
Inc.,
First
Out
Term
Loan,
(TSFR3M
+
6.000%)
9.930
04/18/30
1,412,275
2,456,516
(a)
Altice
France
S.A.,
Term
Loan
B11,
(TSFR3M
+
4.125%)
7.798
04/28/28
2,471,869
484,180
(a)
Altice
France
S.A.,
Term
Loan
B12,
(TSFR3M
+
5.063%)
8.736
10/31/28
487,206
6,414,795
(a)
Altice
France
S.A.,
Term
Loan
B13,
(TSFR3M
+
5.375%)
9.048
05/14/29
6,461,912
7,786,123
(a)
Altice
France
S.A.,
Term
Loan
B14,
(TSFR3M
+
6.875%)
10.548
05/15/31
7,946,088
0
(a)
AMC
Entertainment
Holdings,
Inc.
,
Term
Loan,
(TSFR1M
+
7.000%)
10.661
01/04/29
0
2,172,035
(a)
Cengage
Learning,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.000%)
6.653
03/24/31
2,131,418
249,373
(a)
Century
De
Buyer
LLC,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.663
10/30/30
245,827
2,190,017
(a)
Cinemark
USA,
Inc.,
Term
Loan
B,
(TSFR1M
+
TSFR3M
+
2.250%)
5.926
05/24/30
2,201,942
4,345,965
(a)
Clear
Channel
Outdoor
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
4.000%)
7.767
08/23/28
4,368,151
1,784,741
(a)
CMG
Media
Corporation,
Term
Loan,
(TSFR3M
+
3.500%)
7.300
06/18/29
1,683,904
5,268,731
(a)
Crown
Finance
US,
Inc.,
Term
Loan
B,
(TSFR1M
+
4.500%)
8.157
12/02/31
5,273,130
2,535,495
(a)
CSC
Holdings,
LLC,
Term
Loan
B5,
(Prime
+
1.500%)
8.250
04/15/27
2,245,726
278,000
(a),(c)
DirecTV
Financing,
LLC,
Term
Loan,
(TBD)
TBD
TBD
279,151
262,021
(a)
E.W.
Scripps
Company
(The),
Term
Loan
B2,
(TSFR1M
+
5.750%)
9.525
06/30/28
264,313
793,446
(a)
E.W.
Scripps
Company
(The),
Term
Loan
B3,
(TSFR1M
+
3.350%)
7.125
11/30/29
783,528
1,912,573
(a)
iHeartCommunications,
Inc.,
Term
Loan,
(TSFR1M
+
5.775%)
9.542
05/01/29
1,868,584
1,057,668
(a)
McGraw-Hill
Global
Education
Holdings,
LLC,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
08/06/31
1,058,773
2,356,000
(a),(k)
NEP
Group,
Inc.,
Term
Loan
B,
(TSFR1M
+
4.500%)
8.152
10/17/31
2,131,603
1,398,000
(a),(k)
Neptune
Bidco
US
Inc,
Term
Loan
B,
(TSFR3M
+
5.000%)
8.769
02/03/33
1,371,878
2,909,000
(a)
Nexstar
Broadcasting,
Inc.,
Term
Loan
B7,
(TSFR1M
+
2.750%)
6.409
03/21/33
2,910,600
4,259,000
(a),(c)
OAK-Eagle
Acquireco
Inc,
(TBD)
TBD
TBD
4,265,389
1,948,250
(a)
Planet
US
Buyer
LLC,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.673
02/10/31
1,958,800
3,812,836
(a),(k)
Radiate
Holdco,
LLC,
FLFO
Term
Loan,
(TSFR1M
+
5.000%),
(cash
7.287%,
PIK
1.500%)
7.152
09/25/29
3,483,445
3,094,334
(a),(k)
Sinclair
Television
Group
Inc.,
Term
Loan
B6,
(TSFR1M
+
3.300%)
7.067
12/31/29
2,823,595
250,000
(a)
Sunrise
Financing
Partnership,
Term
Loan
AAA,
(TSFR6M
+
2.470%)
6.099
02/17/32
250,494
4,319,407
(a)
WideOpenWest
Finance
LLC,
Super
Senior
2nd
Out
Term
Loan,
(TSFR3M
+
3.000%)
6.931
12/11/28
3,986,813
0
(a)
X
Corp,
(TSFR1M
+
6.500%)
10.448
10/29/29
0
TOTAL
MEDIA
&
ENTERTAINMENT
64,366,414
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
8.0%
(4.9%
of
Total
Investments)
746,250
(a)
Amneal
Pharmaceuticals
LLC,
Term
Loan,
(TSFR1M
+
3.000%)
6.652
08/02/32
750,448
8,432,149
(a)
Bausch
Health
Companies
Inc.,
Term
Loan
B,
(TSFR1M
+
6.250%)
9.902
10/08/30
8,227,669
4,325,000
(a),(c)
BioMarin
Pharmaceutical
Inc,
(TBD)
TBD
TBD
4,342,581
1,364,687
(a)
Dechra
Pharmaceuticals
Holdings
Ltd,
Term
Loan
B,
(TSFR6M
+
2.750%)
6.387
01/27/32
1,369,525
2,702,700
(a),(k)
Genmab
AS,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.700
12/13/32
2,722,795
11
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
(continued)
$
602,000
(a)
Grifols
Worldwide
Operations
USA,
Inc.,
Term
Loan
B,
(TSFR6M
+
2.500%)
6.187
%
04/14/33
$
604,095
18,696,000
(a)
Hologic
Inc.,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.924
04/07/33
18,614,299
8,189,238
(a)
Jazz
Financing
Lux
S.a.r.l.,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
05/05/28
8,236,449
1,403,259
(a)
Organon
&
Co,
Term
Loan,
(TSFR1M
+
2.250%)
5.902
05/19/31
1,404,487
16,727,734
(a),(g)
Parexel
International
Corporation,
Repriced
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
12/12/31
16,748,644
1,133,845
(a)
Perrigo
Investments,
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
04/20/29
1,134,792
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
64,155,784
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.6%
(0.4%
of
Total
Investments)
2,241,567
(a)
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan,
(TSFR1M
+
2.500%)
6.152
01/31/30
2,254,882
2,118,750
(a)
Cushman
&
Wakefield
U.S.
Borrower,
LLC,
Term
Loan
B3,
(TSFR1M
+
2.750%)
6.402
01/31/30
2,129,344
246,372
(a)
Learning
Care
Group
(US)
No.
2
Inc.,
Term
Loan
B,
(TSFR3M
+
4.000%)
7.669
08/11/28
198,329
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
4,582,555
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
(0.3%
of
Total
Investments)
3,807,071
(a)
Instructure
Holdings,
Inc.,
Repriced
Term
Loan,
(TSFR3M
+
2.750%)
6.437
11/13/31
3,701,977
696,000
(a)
MKS
Instruments,
Inc.,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.407
02/04/33
699,264
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
4,401,241
SOFTWARE
&
SERVICES
-
12.7%
(7.8%
of
Total
Investments)
2,692,441
(a)
Ahead
DB
Holdings,
LLC,
Term
Loan
B3,
(TSFR3M
+
2.500%)
6.200
02/03/31
2,673,931
3,397,879
(a)
Asurion
LLC,
Second
Lien
Term
Loan
B4,
(TSFR1M
+
5.250%)
9.017
01/22/29
3,413,798
806,631
(a)
Avalara,
Inc,
Term
Loan,
(TSFR3M
+
2.750%)
6
.450
03/29/32
792,870
2,276,554
(a)
Avaya,
Inc.,
Exit
Term
Loan,
(TSFR1M
+
3.750%),
(cash
11.152%,
PIK
7.500%)
5.576
08/01/28
2,025,427
2,437,765
(a)
BCPE
Pequod
Buyer
Inc,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
11/25/31
2,416,215
9,077,992
(a)
Boxer
Parent
Company
Inc.,
Term
Loan
B,
(TSFR3M
+
3.000%)
6.673
07/30/31
8,429,279
1,252,563
(a)
CCC
Intelligent
Solutions
Inc.,
Term
Loan,
(TSFR1M
+
2.000%)
5.652
01/23/32
1,248,648
249,373
(a)
Clearwater
Analytics,
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
04/21/32
249,685
2,955,373
(a),(k)
Cloud
Software
Group,
Inc.,
Term
Loan
B
(2031),
(TSFR3M
+
3.250%)
6.950
03/24/31
2,742,040
616,572
(a)
Cloud
Software
Group,
Inc.,
Term
Loan
B
(2032),
(TSFR3M
+
3.250%)
6.950
08/13/32
572,161
1,057,814
(a)
Cotiviti
Corporation,
2nd
Amendment
Term
Loan,
(TSFR1M
+
2.750%)
6.415
03/29/32
974,321
325,175
(a)
Cotiviti
Corporation,
Term
Loan,
(TSFR1M
+
2.750%)
6.415
05/01/31
299,567
3,708,181
(a)
Darktrace
PLC,
First
Lien
Term
Loan,
(TSFR3M
+
3.250%)
6.927
10/09/31
3,495,758
279,205
(a)
Drake
Software,
LLC,
Term
Loan
B,
(TSFR3M
+
4.250%)
7.950
06/26/31
263,848
3,765,247
(a),(g)
Ellucian
Holdings,
Inc.,
First
Lien
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
10/09/29
3,702,725
349,961
(a)
EP
Purchaser,
LLC,
Term
Loan
B,
(TSFR3M
+
4.500%)
8.287
11/06/28
231,725
600,836
(a)
EP
Purchaser,
LLC,
Term
Loan
B,
(TSFR3M
+
3.500%)
7.287
11/06/28
429,598
6,973,096
(a)
Epicor
Software
Corporation,
Term
Loan
E,
(TSFR1M
+
2.500%)
6.152
05/30/31
6,890,325
2,513,913
(a)
Fortress
Intermediate
3,
Inc,
Term
Loan
B,
(TSFR1M
+
3.000%)
6.661
06/27/31
2,504,486
2,844,356
(a)
Gen
Digital
Inc.,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
09/12/29
2,805,048
3,982,210
(a)
Genesys
Cloud
Services
Holdings
II
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
01/30/32
3,857,268
61,286
(a)
Javelin
Buyer,
Inc.,
Term
Loan,
(TSFR3M
+
2.750%)
6.413
12/08/31
59,658
3,323,562
(a)
Kaseya
Inc.,
First
Lien
Term
Loan
B,
(TSFR3M
+
3.250%)
6.913
03/22/32
3,032,750
1,614,648
(a)
McAfee,
LLC,
First
Lien
Term
Loan
B,
(TSFR1M
+
3.000%)
6.652
03/01/29
1,426,945
55,399
(a)
Mitchell
International,
Inc.,
Add-on
Term
Loan,
(TSFR1M
+
3.000%)
6.652
06/17/31
54,146
6,598,865
(a)
Open
Text
Corporation,
Term
Loan
B,
(TSFR1M
+
1.750%)
5.402
01/31/30
6,439,800
9,930,546
(a),(k)
Peraton
Corp.,
Term
Loan
B,
(TSFR3M
+
3.750%)
7.513
02/01/28
8,513,705
1,485,038
(a)
PointClickCare
Technologies,
Inc.,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.413
11/03/31
1,486,901
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
12
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOFTWARE
&
SERVICES
(continued)
$
1,177,477
(a)
Press
Ganey
Holdings,
Inc.,
Repriced
Term
Loan
B,
(TSFR1M
+
3.000%)
6.652
%
04/30/31
$
1,178,319
1,638,000
(a),(k)
Project
Alpha
Intermediate
Holding,
Inc.,
First
Lien
Term
Loan
B,
(TSFR3M
+
3.250%)
6.950
10/28/30
1,294,020
3,395,145
(a)
Proofpoint,
Inc.,
Repriced
Term
Loan,
(TSFR3M
+
3.000%)
6.700
08/31/28
3,302,305
3,458,027
(a)
Rackspace
Finance,
LLC,
First
Lien
First
Out
Term
Loan,
(TSFR1M
+
6.250%)
10.025
05/15/28
3,445,060
7,970,680
(a)
Rackspace
Finance,
LLC,
First
Lien
Second
Out
Term
Loan,
(TSFR1M
+
2.750%)
6.525
05/15/28
4,057,753
59,054
(a)
Rocket
Software,
Inc.,
Term
Loan
B,
(TSFR1M
+
3.750%)
7.402
11/28/28
56,466
2,801,790
(a)
SS&C
Technologies
Inc.,
Term
Loan
B8,
(TSFR1M
+
2.000%)
5.652
05/09/31
2,805,278
1,486,956
(a)
Synechron
Inc,
Term
Loan
B,
(TSFR3M
+
3.750%)
7.450
10/03/31
1,374,193
10,281,414
(a),(g)
UKG
Inc.,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.163
02/10/31
9,938,323
101,000
(a),(c)
Virtusa
Corp,
(TBD)
TBD
TBD
93,467
0
(a)
Vision
Solutions
Inc,
(TSFR3M
+
4.000%)
7.928
04/24/28
0
116,325
(a)
VS
Buyer,
LLC,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.913
04/14/31
115,198
1,308,853
(a)
World
Wide
Technology
Holding
Co.
LLC,
Repriced
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
03/01/30
1,312,675
1,907,341
(a)
Zelis
Payments
Buyer,
Inc.,
Term
Loan
B,
(TSFR1M
+
2.750%)
6.402
09/28/29
1,889,059
TOTAL
SOFTWARE
&
SERVICES
101,894,744
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
1.0%
(0.6%
of
Total
Investments)
199,524
(a)
Delta
TopCo,
Inc.,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.424
11/30/29
192,587
974,923
(a)
Ingram
Micro
Inc.,
Term
Loan,
(TSFR3M
+
2.250%)
5.935
09/22/31
982,235
573,768
(a),(k)
SonicWall
US
Holdings
Inc.,
Term
Loan,
(TSFR3M
+
5.000%)
8.700
05/16/28
186,478
847,875
(a)
Spectris
Plc,
Term
Loan,
(TSFR3M
+
2.750%)
6.450
12/06/32
852,119
285,039
(a)
ViaSat,
Inc.,
Term
Loan,
(TSFR1M
+
4.500%)
8.267
03/05/29
286,706
5,568,883
(a)
ViaSat,
Inc.,
Term
Loan,
(TSFR1M
+
4.500%)
8.267
05/30/30
5,592,634
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
8,092,759
TELECOMMUNICATION
SERVICES
-
5.0%
(3.1%
of
Total
Investments)
1,818,798
(a)
Cincinnati
Bell,
Inc.,
Term
Loan
B4,
(TSFR1M
+
2.250%)
5.902
11/24/28
1,820,754
1,685,798
(a)
Connect
Finco
Sarl,
Extended
Term
Loan
B,
(TSFR1M
+
4.500%)
8.152
09/28/29
1,693,485
9,699,483
(a)
Connect
Holding
II
LLC,
Delayed
Draw
Term
Loan,
(TSFR1M
+
4.250%)
7.904
04/03/31
9,269,117
581,141
(a),(d)
Cyxtera
DC
Holdings,
Inc.,
Term
Loan
B
0.000
07/16/26
3,196
835,000
(a),(c)
Ensono
Inc,
(TBD)
TBD
TBD
806,589
2,360,000
(a),(k)
Iridium
Satellite
LLC,
Term
Loan
B,
(TSFR1M
+
2.250%)
5.902
09/20/30
2,324,317
3,794,000
(a),(k)
Level
3
Financing
Inc.,
Repriced
Term
Loan
B4,
(TSFR1M
+
3.250%)
6.902
03/29/32
3,811,604
629,000
(a),(c)
Patagonia
Holdco
LLC,
(TBD)
TBD
TBD
503,744
6,723,000
(a),(k)
Telesat
Canada,
Term
Loan
B5,
(TSFR3M
+
2.750%)
6.684
12/07/26
5,762,855
3,532,148
(a)
Windstream
Services,
LLC,
Term
Loan
B,
(TSFR1M
+
4.000%)
7.652
10/06/32
3,545,393
10,607,018
(a),(k)
Zayo
Group
Holdings,
Inc.,
Term
Loan,
(TSFR1M
+
1.750%),
(cash
6.767%,
PIK
0.500%)
3.633
03/11/30
10,596,623
TOTAL
TELECOMMUNICATION
SERVICES
40,137,677
TRANSPORTATION
-
3.0%
(1.9%
of
Total
Investments)
2,000,000
(a)
AGI-CFI
Acquisition
Corp.,
Term
Loan
B,
(TSFR3M
+
4.500%)
8.200
03/25/33
1,998,340
504,703
(a)
Air
Canada,
Term
Loan
B,
(TSFR3M
+
1.750%)
5.413
03/21/31
504,893
3,871,703
(a)
American
Airlines,
Inc.,
Term
Loan,
(TSFR3M
+
2.250%)
5.925
04/20/28
3,855,829
4,651,083
(a)
Brown
Group
Holding,
LLC,
Incremental
Term
Loan
B2,
(TSFR1M
+
TSFR3M
+
2.500%)
6.160
07/01/31
4,681,222
2,138,115
(a)
Brown
Group
Holding,
LLC,
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
07/01/31
2,151,329
586,656
(a),(c)
First
Student
Bidco
Inc,
Term
Loan
B,
(TBD)
TBD
TBD
587,633
107,344
(a),(c)
First
Student
Bidco
Inc,
Term
Loan
C,
(TBD)
TBD
TBD
107,522
1,940,000
(a),(c)
GB
AIT
Buyer
Inc,
(TBD)
TBD
TBD
1,944,035
570,603
(a)
Hertz
Corporation,
(The),
Term
Loan
B,
(TSFR3M
+
3.500%)
7.425
06/30/28
450,776
112,899
(a)
Hertz
Corporation,
(The),
Term
Loan
C,
(TSFR3M
+
3.500%)
7.425
06/30/28
89,191
2,910,000
(a)
KKR
Apple
Bidco,
LLC,
Term
Loan,
(TSFR1M
+
2.500%)
6.152
09/23/31
2,915,791
1
(a)
PODS,
LLC,
Term
Loan
B,
(TSFR1M
+
3.000%)
6.767
03/31/28
1
1,912,208
(a)
Stonepeak
Nile
Parent
LLC,
Term
Loan
B,
(TSFR3M
+
2.250%)
5.919
04/09/32
1,920,880
3,198,914
(a),(k)
WestJet
Loyalty
LP,
Term
Loan
B,
(TSFR3M
+
2.750%)
6.450
02/14/31
3,130,441
TOTAL
TRANSPORTATION
24,337,883
13
All
percentages
shown
in
the
Portfolio
of
Investments
are
based
on
net
assets
applicable
to
common
shares
unless
otherwise
noted.
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
3.1%
(1.9%
of
Total
Investments)
$
2,291,275
(a),(k)
Cornerstone
Generation
LLC,
Term
Loan
B,
(TSFR3M
+
2.250%)
5
.913
%
08/11/32
$
2,300,280
244,574
(a)
Hamilton
Projects
Acquiror,
LLC
,
Repriced
Term
Loan
B,
(TSFR1M
+
2.500%)
6.152
05/30/31
246,340
1,258,844
(a)
Invenergy
Thermal
Operating
I
LLC,
Term
Loan
B,
(SOFR90A
+
2.750%)
6.380
05/06/32
1,270,645
81,875
(a)
Invenergy
Thermal
Operating
I
LLC,
Term
Loan
C,
(SOFR90A
+
2.750%)
6.380
05/06/32
82,643
2,398,287
(a),(k)
NRG
Energy,
Inc.,
Term
Loan,
(TSFR1M
+
TSFR3M
+
1.750%)
5.414
04/16/31
2,406,105
6,413,813
(a)
Talen
Energy
Supply,
LLC,
2024-1
Incremental
Term
Loan,
(TSFR3M
+
2.500%)
6.153
12/15/31
6,445,304
7,471,566
(a)
Talen
Energy
Supply,
LLC,
Term
Loan
B,
(TSFR3M
+
2.500%)
6.153
05/17/30
7,506,160
4,640,969
(a)
Talen
Energy
Supply,
LLC,
Term
Loan
B,
(TSFR1M
+
2.000%)
5.652
11/26/32
4,653,662
TOTAL
UTILITIES
24,911,139
TOTAL
VARIABLE
RATE
SENIOR
LOAN
INTERESTS
(Cost
$961,203,059)
957,354,348
SHARES
DESCRIPTION
MATURITY
VALUE
46
WARRANTS
-
0.0%
(0.0%
of
Total
Investments)
46
MEDIA
&
ENTERTAINMENT
-
0.0%
(0.0%
of
Total
Investments)
4,644
(d)
Tenerity
Inc
12/31/99
46
TOTAL
MEDIA
&
ENTERTAINMENT
46
TOTAL
WARRANTS
(Cost
$1,087,698)
46
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,233,055,270)
1,224,892,977
SHARES
DESCRIPTION
RATE
VALUE
SHORT-TERM
INVESTMENTS
-
 10.8%(6.6%
of
Total
Investments)
INVESTMENT
COMPANIES
-
10.8%
(6.6%
of
Total
Investments)
–
86,416,825
BlackRock
Liquidity
Funds
T-Fund
4.517(m)
86,416,825
TOTAL
INVESTMENT
COMPANIES
(Cost
$86,416,825)
86,416,825
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$86,416,825)
86,416,825
TOTAL
INVESTMENTS
-
164.0%
(Cost
$1,319,472,095
)
1,311,309,802
BORROWINGS
-
(26.5)%
(n),(o)
(211,600,000)
REVERSE
REPURCHASE
AGREEMENTS,
INCLUDING
ACCRUED
INTEREST
-
(17.8)%(p)
(142,531,317)
TFP
SHARES,
NET
-
(17.4)%(q)
(139,388,576)
OTHER
ASSETS
&
LIABILITIES,
NET
-  (2.3)%
(
17,982,769)
NET
ASSETS
APPLICABLE
TO
COMMON
SHARES
-
100%
$
799,807,140
ETF
Exchange-Traded
Fund
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.
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
SOFR90A
90
Day
Average
Secured
Overnight
Financing
Rate
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.
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
TSFR6M
CME
Term
Secured
Overnight
Financing
Rate
6
Month
Portfolio
of
Investments
April
30,
2026
(continued)
JQC
14
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).
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:
The
following
is
a
reconciliation
of
the
Fund’s
Level
3
investments
held
at
the
beginning
and
end
of
the
measurement
period:
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable.  For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(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
fiscal
period,
the
aggregate
value
of
these
securities
is
$202,631,731
or
15.5%
of
Total
Investments.
(c)
When-issued
or
delayed
delivery
security.
(d)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(e)
Non-income
producing;
issuer
has
not
declared
an
ex-dividend
date
within
the
past
twelve
months.
(f)
Contains
$1,000
Par
Preferred
and/or
Contingent
Capital
Securities.
(g)
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
fiscal
period,
investments
with
a
value
of
$226,992,672
have
been
pledged
as
collateral
for
reverse
repurchase
agreements.
(h)
Perpetual
security.
Maturity
date
is
not
applicable.
(i)
$1,000
Par
Institutional
Preferred
security.
As
of
the
end
of
the
period,
the
percent
of
$1,000
Par
Institutional
Preferred
securities
was
0.1%
of
Total
Investments.
(j)
Defaulted
security.
A
security
whose
issuer
has
failed
to
fully
pay
principal
and/or
interest
when
due,
or
is
under
the
protection
of
bankruptcy.
(k)
Portion
of
investment
purchased
on
a
delayed
delivery
basis.
(l)
Investment,
or
portion
of
investment,
represents
an
outstanding
unfunded
senior
loan
commitment.
(m)
The
rate
shown
is
the
annualized
seven-day
subsidized
yield
as
of
end
of
the
reporting
period.
(n)
Borrowings
as
a
percentage
of
Total
Investments
is
16.1%.
(o)
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.
(p)
Reverse
Repurchase
Agreements,
including
accrued
interest
as
a
percentage
of
Total
investments
is
10.9%.
(q)
TFP
Shares,
Net
as
a
percentage
of
Total
Investments
is
10.6%.
JQC
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Asset-Backed
Securities
$
–
$
52,929,728
$
–
$
52,929,728
Common
Stocks
6,640
2,912,496
1,568
2,920,704
Corporate
Bonds
–
210,685,351
–
210,685,351
Exchange-Traded
Funds
1,002,800
–
–
1,002,800
Variable
Rate
Senior
Loan
Interests
–
957,350,850
3,498
957,354,348
Warrants
–
–
46
46
Short-Term
Investments:
Investment
Companies
86,416,825
–
–
86,416,825
Total
$
87,426,265
$
1,223,878,425
$
5,112
$
1,311,309,802
15
The
valuation
techniques
and
significant
unobservable
inputs
used
in
recurring
Level
3
fair
value
measurements
of
assets
as
of
the
end
of
the
report-
ing
period,
were
as
follows:
Level
3
JQC
Common
Stocks
Warrants
Variable
Rate
Senior
Loan
Interest
Balance
at
the
beginning
of
period
$23,048
$47
$3,498
Gains
(losses):
Net
realized
gains
(losses)
355,916
-
-
Change
in
net
unrealized
appreciation
(depreciation)
(21,480)
-
-
Purchases
at
cost
-
-
-
Sales
at
proceeds
(355,916)
-
-
Net
discounts
(premiums)
-
-
-
Transfers
into
-
-
-
Transfers
(out
of)
-
-
-
Balance
at
the
end
of
period
$1,568
$47
$3,498
Change
in
net
unrealized
appreciation
(depreciation)
during
the
period
of
Level
3
securities
held
as
of
period
end
-
-
-
Fund
Asset
Class
Market
Value
Techniques
Unobservable
Inputs
Range
Weighted
Average
JQC
Common
Stocks
$1,568
Expected
Recovery
Recovery
Proceeds
$8.00
N/A
Variable
Rate
Senior
Loan
Interests
3,498
Broker-Dealer
Price
Quotation(s)
Litigation
Proceeds
$0.55
N/A
Warrants
47
Expected
Recovery
Recovery
Proceeds
$0.01
N/A
Total
$5,113