TCG Strategic Income Fund
SCHEDULE OF INVESTMENTS
As of June 30, 2026 (Unaudited)

 

 

   Acquisition
Date		  Index and Spread  Interest
Rate		   Maturity
Date		  Principal
Amount ($)
or Number
of Shares		   Cost   Value 
PRIVATE CREDIT – 54.7%                             
BANK LOANS – 54.7%                             
Anchor QEA, Inc.1,2                             
Delayed Draw3  3/25/2026  n/a   1.000%  3/25/2032   1,578,947   $(7,216)  $(7,196)
Revolver3,4  3/25/2026  n/a   0.500%  3/25/2032   526,316    (5,039)   (5,031)
Term Loan4  3/25/2026  3-Month SOFR + 5.25%   8.990%  3/25/2032   2,887,500    2,859,573    2,859,903 
                       2,847,318    2,847,676 
                              
Bendon Holdco Note1,2                             
Term Loan  4/21/2026  n/a   15.000% PIK   10/20/2031   2,500,000    2,444,999    2,445,711 
                              
Bendon Senior Term Loan (OpCo)1,2                             
Term Loan4  4/21/2026  3-Month SOFR + 5.75%   9.422%  4/21/2031   2,500,000    2,451,495    2,451,917 
                              
TOTAL BANK LOANS                      7,743,812    7,745,304 
                              
SHORT-TERM INVESTMENTS – 87.5%                             
Morgan Stanley Institutional Liquidity Funds Government Portfolio         3.25%5       12,375,416    12,375,416    12,375,416 
TOTAL SHORT-TERM INVESTMENTS                      12,375,416    12,375,416 
                              
TOTAL INVESTMENTS – 142.2%                      20,119,228    20,120,720 
                              
Other Assets and Liabilities, Net – (42.2%)                           (5,975,337)
TOTAL NET ASSETS – 100.0%                          $14,145,383 

 

 

SOFR — Secured Overnight Financing Rate

 

1 The value of these securities was determined using significant unobservable inputs.
2 Restricted investment as to resale. Restricted securities include securities that have not been registered under the Securities Act of 1933, as amended, and securities that are subject to restrictions on resale. The Fund may invest in restricted securities that are consistent with the Fund’s investment objectives and investment strategies. Investments in restricted securities are valued at fair value as determined in good faith in accordance with procedures adopted by the Fund’s Board of Trustees.
3 Represents an unfunded loan commitment. The rate disclosed is equal to the commitment fee. The negative cost and/or fair value, if applicable, is due to the discount received in excess of the principal amount of the unfunded commitment.
4 Variable rate security. Rate shown is the rate in effect as of period end.
5 The rate is the annualized seven-day yield at period end.

 

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