Quarterly Holdings Report
for
Fidelity® Series Floating Rate High Income Fund
June 30, 2021
SFR-NPRT3-0821
1.924296.109
Bank Loan Obligations - 91.8% | |||
Principal Amount (a) | Value ($) | ||
Aerospace - 1.7% | |||
ADS Tactical, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.750% 6.75% 3/19/26 (b)(c)(d) | 557,938 | 559,332 | |
Gemini HDPE LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.5% 12/31/27 (b)(c)(d) | 298,678 | 298,057 | |
Jazz Acquisition, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.35% 6/19/26 (b)(c)(d) | 122,813 | 118,693 | |
TransDigm, Inc.: | |||
Tranche E 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 5/30/25 (b)(c)(d) | 1,514,703 | 1,492,255 | |
Tranche F 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 12/9/25 (b)(c)(d) | 369,375 | 363,635 | |
Tranche G 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 8/22/24 (b)(c)(d) | 1,204,853 | 1,188,985 | |
WP CPP Holdings LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 4/30/25 (b)(c)(d) | 490,309 | 480,013 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 7.750% 8.75% 4/30/26 (b)(c)(d) | 235,000 | 228,145 | |
TOTAL AEROSPACE | 4,729,115 | ||
Air Transportation - 1.9% | |||
AAdvantage Loyalty IP Ltd. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 3/24/28 (b)(c)(d) | 960,000 | 1,000,080 | |
Dynasty Acquisition Co., Inc.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6473% 4/8/26 (b)(c)(d) | 485,616 | 472,665 | |
Tranche B2 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6473% 4/4/26 (b)(c)(d) | 261,084 | 254,121 | |
JetBlue Airways Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6.25% 6/17/24 (b)(c)(d) | 3,813 | 3,888 | |
Mileage Plus Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6.25% 7/2/27 (b)(c)(d) | 930,000 | 992,459 | |
SkyMiles IP Ltd. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 10/20/27 (b)(c)(d) | 820,000 | 865,666 | |
United Airlines, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 4/14/28 (b)(c)(d) | 1,486,275 | 1,504,437 | |
WestJet Airlines Ltd. 1LN, term loan 3 month U.S. LIBOR + 2.750% 4% 12/11/26 (b)(c)(d) | 361,271 | 354,045 | |
TOTAL AIR TRANSPORTATION | 5,447,361 | ||
Automotive & Auto Parts - 0.8% | |||
Clarios Global LP Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 4/30/26 (b)(c)(d) | 271,760 | 269,042 | |
CWGS Group LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.500% 3.25% 6/3/28 (b)(c)(d) | 563,588 | 558,307 | |
Les Schwab Tire Centers Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 11/2/27 (b)(c)(d) | 567,150 | 566,441 | |
Midas Intermediate Holdco II LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.750% 7.5% 12/16/25 (b)(c)(d) | 248,750 | 242,220 | |
Truck Hero, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 1/29/28 (b)(c)(d) | 458,850 | 458,621 | |
TOTAL AUTOMOTIVE & AUTO PARTS | 2,094,631 | ||
Banks & Thrifts - 0.8% | |||
Citadel Securities LP Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6043% 2/27/28 (b)(c)(d) | 802,988 | 794,123 | |
Deerfield Dakota Holding LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 4/9/27 (b)(c)(d) | 658,970 | 661,441 | |
eResearchTechnology, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 5.5% 2/4/27 (b)(c)(d) | 334,156 | 335,463 | |
Russell Investments U.S. Institutional Holdco, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 4.5% 5/30/25 (b)(c)(d) | 242,689 | 241,097 | |
Victory Capital Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.4443% 7/1/26 (b)(c)(d) | 266,055 | 263,894 | |
TOTAL BANKS & THRIFTS | 2,296,018 | ||
Broadcasting - 2.2% | |||
AppLovin Corp. Tranche B, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 8/15/25 (b)(c)(d) | 1,248,847 | 1,246,586 | |
Diamond Sports Group LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.36% 8/24/26 (b)(c)(d) | 1,689,900 | 1,012,047 | |
Entercom Media Corp. Tranche B 2LN, term loan 3 month U.S. LIBOR + 2.500% 2.595% 11/17/24 (b)(c)(d) | 376,665 | 372,616 | |
iHeartCommunications, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 5/1/26 (b)(c)(d) | 305,350 | 302,489 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 5/1/26 (b)(c)(d) | 227,700 | 227,700 | |
Nexstar Broadcasting, Inc. Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.5921% 9/19/26 (b)(c)(d) | 750,482 | 748,396 | |
Sinclair Television Group, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.61% 9/30/26 (b)(c)(d) | 471,600 | 464,672 | |
Springer Nature Deutschland GmbH Tranche B18 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 8/14/26 (b)(c)(d) | 653,261 | 652,798 | |
Univision Communications, Inc. Tranche B 1LN, term loan: | |||
1 month U.S. LIBOR + 3.250% 5/6/28 (c)(d)(e) | 820,000 | 816,244 | |
3 month U.S. LIBOR + 3.750% 4.75% 3/15/26 (b)(c)(d) | 243,738 | 244,004 | |
TOTAL BROADCASTING | 6,087,552 | ||
Building Materials - 1.9% | |||
Acproducts Holdings, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 4.250% 4.75% 5/17/28 (b)(c)(d) | 560,000 | 556,802 | |
APi Group DE, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6043% 10/1/26 (b)(c)(d) | 593,750 | 592,758 | |
Hamilton Holdco LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.15% 1/4/27 (b)(c)(d) | 287,889 | 286,810 | |
Ingersoll-Rand Services Co. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 2/28/27 (b)(c)(d) | 651,750 | 643,786 | |
LEB Holdings U.S.A., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 11/2/27 (b)(c)(d) | 253,725 | 254,121 | |
SRS Distribution, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.750% 4.25% 5/20/28 (b)(c)(d) | 1,240,000 | 1,238,624 | |
Traverse Midstream Partners Ll Tranche B, term loan 3 month U.S. LIBOR + 5.500% 6.5% 9/27/24 (b)(c)(d) | 274,640 | 275,500 | |
USIC Holdings, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.500% 4.25% 5/7/28 (b)(c)(d) | 395,000 | 394,013 | |
Ventia Deco LLC Tranche B, term loan 3 month U.S. LIBOR + 4.000% 5% 5/21/26 (b)(c)(d) | 594,248 | 594,991 | |
White Capital Buyer LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.5% 10/19/27 (b)(c)(d) | 487,550 | 488,159 | |
TOTAL BUILDING MATERIALS | 5,325,564 | ||
Cable/Satellite TV - 2.7% | |||
Charter Communication Operating LLC Tranche B2 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.86% 2/1/27 (b)(c)(d) | 2,459,250 | 2,440,805 | |
Coral-U.S. Co.-Borrower LLC Tranche B, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 1/31/28 (b)(c)(d) | 1,340,000 | 1,318,225 | |
CSC Holdings LLC: | |||
Tranche B 5LN, term loan 3 month U.S. LIBOR + 2.500% 2.5729% 4/15/27 (b)(c)(d) | 360,338 | 356,540 | |
Tranche B3 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3229% 1/15/26 (b)(c)(d) | 488,750 | 481,243 | |
LCPR Loan Financing LLC 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8229% 9/25/28 (b)(c)(d) | 305,000 | 305,192 | |
Neptune Finco Corp. Tranche B, term loan 3 month U.S. LIBOR + 2.250% 2.3229% 7/17/25 (b)(c)(d) | 927,600 | 913,686 | |
Virgin Media Bristol LLC Tranche N, term loan 3 month U.S. LIBOR + 2.500% 2.5729% 1/31/28 (b)(c)(d) | 500,000 | 495,280 | |
WideOpenWest Finance LLC Tranche B, term loan 3 month U.S. LIBOR + 3.250% 4.25% 8/19/23 (b)(c)(d) | 1,252,522 | 1,248,351 | |
TOTAL CABLE/SATELLITE TV | 7,559,322 | ||
Capital Goods - 1.0% | |||
Altra Industrial Motion Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 10/1/25 (b)(c)(d) | 183,636 | 182,432 | |
CPM Holdings, Inc.: | |||
2LN, term loan 3 month U.S. LIBOR + 8.250% 8.3421% 11/15/26 (b)(c)(d) | 107,727 | 106,291 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.5921% 11/15/25 (b)(c)(d) | 428,999 | 425,353 | |
MHI Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.095% 9/20/26 (b)(c)(d) | 522,739 | 524,046 | |
Resideo Funding, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.75% 2/12/28 (b)(c)(d) | 279,300 | 278,602 | |
TNT Crane & Rigging LLC: | |||
1LN, term loan 3 month U.S. LIBOR + 6.500% 7.5% 10/16/24 (b)(c)(d) | 679,822 | 707,015 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 11.000% 12% 4/16/25 (b)(c)(d) | 178,179 | 170,384 | |
Vertical U.S. Newco, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.4776% 7/31/27 (b)(c)(d) | 303,477 | 303,604 | |
TOTAL CAPITAL GOODS | 2,697,727 | ||
Chemicals - 2.5% | |||
Aruba Investment Holdings LLC: | |||
2LN, term loan 3 month U.S. LIBOR + 7.750% 8.5% 11/24/28 (b)(c)(d) | 85,000 | 85,283 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 11/24/27 (b)(c)(d) | 319,200 | 319,998 | |
Cimpress U.S.A., Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.500% 4% 4/29/28 (b)(c)(d) | 375,000 | 373,436 | |
Consolidated Energy Finance SA Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 5/7/25 (c)(d)(e) | 375,000 | 363,593 | |
Element Solutions, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 1/31/26 (b)(c)(d) | 365,674 | 364,990 | |
Herens U.S. Holdco Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4/30/28 (c)(d)(e) | 330,000 | 330,178 | |
Hexion, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.71% 7/1/26 (b)(c)(d) | 254,800 | 254,374 | |
ICP Group Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 12/29/27 (b)(c)(d) | 275,000 | 274,227 | |
INEOS U.S. Petrochem LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 3.25% 1/20/26 (b)(c)(d) | 1,070,000 | 1,066,319 | |
Messer Industries U.S.A., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6473% 3/1/26 (b)(c)(d) | 486,394 | 482,731 | |
Oxea Corp. Tranche B2, term loan 3 month U.S. LIBOR + 3.500% 3.625% 10/11/24 (b)(c)(d) | 286,580 | 284,789 | |
SCIH Salt Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 3/16/27 (b)(c)(d) | 247,505 | 247,918 | |
Starfruit U.S. Holdco LLC Tranche B, term loan 3 month U.S. LIBOR + 2.750% 3.133% 10/1/25 (b)(c)(d) | 1,623,670 | 1,610,486 | |
The Chemours Co. LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.86% 4/3/25 (b)(c)(d) | 393,074 | 388,570 | |
Tronox Finance LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6303% 3/11/28 (b)(c)(d) | 261,943 | 260,073 | |
W. R. Grace & Co.-Conn.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8973% 4/3/25 (b)(c)(d) | 135,700 | 134,682 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 1.750% 1.8973% 4/3/25 (b)(c)(d) | 232,628 | 230,884 | |
TOTAL CHEMICALS | 7,072,531 | ||
Consumer Products - 1.8% | |||
BCPE Empire Holdings, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 6/11/26 (b)(c)(d) | 245,778 | 246,086 | |
term loan 3 month U.S. LIBOR + 4.250% 5% 6/12/26 (b)(c)(d) | 249,375 | 249,480 | |
Bombardier Recreational Products, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 5/23/27 (b)(c)(d) | 204,482 | 201,953 | |
Buzz Merger Sub Ltd. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 1/29/27 (b)(c)(d) | 123,438 | 122,898 | |
CNT Holdings I Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 11/8/27 (b)(c)(d) | 498,750 | 498,750 | |
Energizer Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.75% 12/16/27 (b)(c)(d) | 364,088 | 362,904 | |
Gannett Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 7.000% 7.75% 1/29/26 (b)(c)(d) | 204,545 | 205,824 | |
Hunter Fan Co. 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.75% 5/7/28 (b)(c)(d) | 300,000 | 300,126 | |
Kronos Acquisition Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.25% 12/22/26 (b)(c)(d) | 472,625 | 468,882 | |
Mattress Firm, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6.25% 11/25/27 (b)(c)(d) | 280,250 | 283,930 | |
Michaels Companies, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.250% 5% 4/15/28 (b)(c)(d) | 765,000 | 767,785 | |
Petco Health & Wellness Co., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4% 3/4/28 (b)(c)(d) | 334,163 | 333,387 | |
Rodan & Fields LLC Tranche B, term loan 3 month U.S. LIBOR + 4.000% 4.0729% 6/15/25 (b)(c)(d) | 473,467 | 375,616 | |
TKC Holdings, Inc. 1LN, term loan 1 month U.S. LIBOR + 5.500% 6.5% 5/3/28 (b)(c)(d) | 345,000 | 338,317 | |
Woof Holdings LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 12/21/27 (b)(c)(d) | 330,000 | 329,726 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 7.250% 8% 12/21/28 (b)(c)(d) | 85,000 | 85,850 | |
TOTAL CONSUMER PRODUCTS | 5,171,514 | ||
Containers - 3.0% | |||
AOT Packaging Products AcquisitionCo LLC: | |||
1LN, term loan 3 month U.S. LIBOR + 3.250% 3.75% 3/3/28 (b)(c)(d) | 485,742 | 481,919 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.2667% 3/3/28 (b)(c)(d)(f) | 109,258 | 108,398 | |
Berlin Packaging, LLC Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.000% 3.1004% 11/7/25 (b)(c)(d) | 863,774 | 855,404 | |
3 month U.S. LIBOR + 3.250% 3.75% 3/11/28 (b)(c)(d) | 90,000 | 89,550 | |
Berry Global, Inc. Tranche Z 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.827% 7/1/26 (b)(c)(d) | 473,358 | 469,462 | |
BWAY Holding Co. Tranche B, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 4/3/24 (b)(c)(d) | 240,000 | 234,038 | |
Canister International Group, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.750% 4.8543% 12/21/26 (b)(c)(d) | 246,875 | 246,979 | |
Charter NEX U.S., Inc. 1LN, term loan 3 month U.S. LIBOR + 4.250% 5% 12/1/27 (b)(c)(d) | 468,825 | 469,411 | |
Flex Acquisition Co., Inc. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.000% 3.4516% 6/29/25 (b)(c)(d) | 725,298 | 717,798 | |
3 month U.S. LIBOR + 3.500% 4% 3/2/28 (b)(c)(d) | 1,078,632 | 1,073,466 | |
Graham Packaging Co., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 2/26/28 (b)(c)(d) | 776,883 | 775,734 | |
Kloeckner Pentaplast of America, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.25% 2/4/26 (b)(c)(d) | 319,200 | 320,796 | |
Pixelle Specialty Solutions LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.500% 7.5% 10/31/24 (b)(c)(d) | 122,633 | 122,557 | |
Pregis TopCo Corp. 1LN, term loan: | |||
1 month U.S. LIBOR + 4.000% 4.5% 8/1/26 (b)(c)(d) | 250,000 | 250,000 | |
3 month U.S. LIBOR + 4.000% 4.1043% 7/31/26 (b)(c)(d) | 246,250 | 246,004 | |
Printpack Holdings, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.000% 4% 7/26/23 (b)(c)(d) | 202,345 | 201,080 | |
Reynolds Consumer Products LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 1/30/27 (b)(c)(d) | 602,070 | 596,952 | |
Reynolds Group Holdings, Inc.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 2/5/26 (b)(c)(d) | 373,125 | 370,461 | |
Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 2/5/23 (b)(c)(d) | 629,894 | 628,320 | |
TOTAL CONTAINERS | 8,258,329 | ||
Diversified Financial Services - 2.6% | |||
ACNR Holdings, Inc. term loan 17% 9/21/27 (b)(d)(g) | 332,113 | 331,283 | |
AlixPartners LLP Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 3.25% 2/4/28 (b)(c)(d) | 588,525 | 585,830 | |
Avolon TLB Borrower 1 (U.S.) LLC Tranche B3 1LN, term loan 3 month U.S. LIBOR + 1.750% 2.5% 1/15/25 (b)(c)(d) | 277,628 | 276,790 | |
AVSC Holding Corp. Tranche B2 1LN, term loan 3 month U.S. LIBOR + 5.500% 6.5% 10/15/26 (b)(c)(d) | 371,274 | 350,060 | |
BCP Renaissance Parent LLC Tranche B, term loan 3 month U.S. LIBOR + 3.500% 4.5% 10/31/24 (b)(c)(d) | 462,545 | 453,706 | |
Finco I LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6043% 6/27/25 (b)(c)(d) | 124,063 | 123,597 | |
Fly Funding II SARL Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.92% 8/9/25 (b)(c)(d) | 343,747 | 337,518 | |
Focus Financial Partners LLC: | |||
Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.500% 6/24/28 (c)(d)(e) | 101,563 | 101,182 | |
Tranche B-DD 1LN, term loan 1 month U.S. LIBOR + 2.500% 6/24/28 (c)(d)(e) | 23,438 | 23,350 | |
Tranche B3 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 7/3/24 (b)(c)(d) | 437,270 | 432,644 | |
GT Polaris, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 9/24/27 (b)(c)(d) | 318,402 | 318,561 | |
HarbourVest Partners LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.4338% 3/1/25 (b)(c)(d) | 822,940 | 818,143 | |
Hightower Holding LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 4/21/28 (b)(c)(d) | 252,000 | 252,315 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 4.000% 3.75% 4/21/28 (c)(d)(h) | 63,000 | 63,079 | |
Kingpin Intermediate Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.5% 7/3/24 (b)(c)(d) | 245,581 | 244,122 | |
KREF Holdings X LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.75% 9/1/27 (b)(c)(d) | 368,150 | 369,991 | |
Recess Holdings, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.750% 4.75% 9/29/24 (b)(c)(d) | 258,515 | 256,447 | |
RPI Intermediate Finance Trust Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 2/11/27 (b)(c)(d) | 1,006,340 | 1,000,886 | |
TransUnion LLC Tranche B5 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 11/16/26 (b)(c)(d) | 755,640 | 750,079 | |
UFC Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 4/29/26 (b)(c)(d) | 200,115 | 199,771 | |
TOTAL DIVERSIFIED FINANCIAL SERVICES | 7,289,354 | ||
Diversified Media - 1.5% | |||
Advantage Sales & Marketing, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6% 10/28/27 (b)(c)(d) | 845,750 | 854,360 | |
Allen Media LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.500% 5.6473% 2/10/27 (b)(c)(d) | 1,130,507 | 1,130,857 | |
Lamar Media Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.500% 1.577% 1/30/27 (b)(c)(d) | 250,000 | 245,625 | |
Terrier Media Buyer, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6043% 12/17/26 (b)(c)(d) | 1,830,800 | 1,820,621 | |
TOTAL DIVERSIFIED MEDIA | 4,051,463 | ||
Energy - 3.8% | |||
Apro LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.750% 4.5% 11/14/26 (b)(c)(d) | 492,790 | 491,558 | |
Array Technologies, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.75% 10/14/27 (b)(c)(d) | 567,125 | 553,185 | |
BCP Raptor II LLC Tranche B, term loan 3 month U.S. LIBOR + 4.750% 4.8543% 11/3/25 (b)(c)(d) | 485,989 | 476,148 | |
BCP Raptor LLC Tranche B, term loan 3 month U.S. LIBOR + 4.250% 5.25% 6/24/24 (b)(c)(d) | 636,453 | 629,910 | |
Brazos Delaware II LLC Tranche B, term loan 3 month U.S. LIBOR + 4.000% 4.0934% 5/21/25 (b)(c)(d) | 271,701 | 264,761 | |
BW Gas & Convenience Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 3/17/28 (b)(c)(d)(g) | 280,000 | 279,650 | |
ChampionX Holding, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 6% 6/3/27 (b)(c)(d) | 342,000 | 348,413 | |
Citgo Holding, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 7.000% 8% 8/1/23 (b)(c)(d) | 304,575 | 301,834 | |
Citgo Petroleum Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.250% 7.25% 3/28/24 (b)(c)(d) | 814,646 | 818,214 | |
CQP Holdco LP / BIP-V Chinook Holdco LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.750% 4.25% 6/4/28 (b)(c)(d) | 1,355,000 | 1,348,903 | |
EG America LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1473% 2/6/25 (b)(c)(d) | 381,694 | 378,560 | |
Epic Crude Services LP Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.14% 3/1/26 (b)(c)(d) | 744,375 | 588,056 | |
GIP III Stetson I LP Tranche B, term loan 3 month U.S. LIBOR + 4.250% 4.3543% 7/18/25 (b)(c)(d) | 719,397 | 692,117 | |
Gulf Finance LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6.25% 8/25/23 (b)(c)(d) | 327,186 | 277,058 | |
Hamilton Projs. Acquiror LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.75% 6/17/27 (b)(c)(d) | 403,880 | 399,437 | |
ITT Holdings LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.750% 7/30/28 (c)(d)(e) | 200,000 | 199,500 | |
Lower Cadence Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 5/22/26 (b)(c)(d) | 331,017 | 328,534 | |
Matador Bidco SARL Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 4.8543% 10/15/26 (b)(c)(d) | 148,125 | 148,063 | |
Murphy U.S.A., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 2.25% 1/29/28 (b)(c)(d) | 450,000 | 450,284 | |
Oregon Clean Energy LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 3/1/26 (b)(c)(d) | 74,981 | 68,018 | |
Rockwood Service Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.1043% 1/23/27 (b)(c)(d) | 660,317 | 661,143 | |
Terra-Gen Finance Co. LLC Tranche B, term loan 3 month U.S. LIBOR + 4.250% 5.25% 12/9/21 (b)(c)(d) | 491,898 | 487,132 | |
WaterBridge Operating LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.750% 6.75% 6/21/26 (b)(c)(d) | 368,438 | 352,912 | |
TOTAL ENERGY | 10,543,390 | ||
Entertainment/Film - 0.1% | |||
SMG U.S. Midco 2, Inc. 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.662% 1/23/25 (b)(c)(d) | 321,516 | 310,263 | |
Environmental - 0.3% | |||
Erm Emerald U.S., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6473% 7/10/26 (b)(c)(d) | 245,000 | 244,490 | |
Madison IAQ LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.250% 3.75% 6/15/28 (b)(c)(d) | 570,000 | 570,000 | |
TOTAL ENVIRONMENTAL | 814,490 | ||
Food & Drug Retail - 1.0% | |||
Froneri U.S., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 1/29/27 (b)(c)(d) | 658,350 | 647,981 | |
GOBP Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 10/22/25 (b)(c)(d) | 222,882 | 222,437 | |
JBS U.S.A. Lux SA Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 5/1/26 (b)(c)(d) | 1,359,953 | 1,354,989 | |
JP Intermediate B LLC Tranche B, term loan 3 month U.S. LIBOR + 5.500% 6.5% 11/20/25 (b)(c)(d) | 501,323 | 485,782 | |
TOTAL FOOD & DRUG RETAIL | 2,711,189 | ||
Food/Beverage/Tobacco - 1.5% | |||
8th Avenue Food & Provisions, Inc.: | |||
2LN, term loan 3 month U.S. LIBOR + 7.750% 7.8408% 10/1/26 (b)(c)(d) | 80,000 | 79,334 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.5908% 10/1/25 (b)(c)(d) | 234,000 | 232,977 | |
Atkins Nutritional Holdings II, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 7/7/24 (b)(c)(d) | 220,217 | 221,089 | |
BellRing Brands LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 10/21/24 (b)(c)(d) | 277,669 | 279,371 | |
Chobani LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.5% 10/23/27 (b)(c)(d) | 674,900 | 676,027 | |
EG Finco Ltd. Tranche B, term loan 3 month U.S. LIBOR + 4.000% 4.1473% 2/6/25 (b)(c)(d) | 304,763 | 302,260 | |
Saffron Borrowco LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.750% 6.8543% 6/20/25 (b)(c)(d) | 241,250 | 241,250 | |
Shearer's Foods, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 9/23/27 (b)(c)(d) | 593,600 | 593,784 | |
Triton Water Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 3/31/28 (b)(c)(d) | 710,000 | 709,013 | |
U.S. Foods, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 9/13/26 (b)(c)(d) | 294,750 | 290,093 | |
Tranche B, term loan 3 month U.S. LIBOR + 1.750% 1.8542% 6/27/23 (b)(c)(d) | 633,552 | 626,950 | |
TOTAL FOOD/BEVERAGE/TOBACCO | 4,252,148 | ||
Gaming - 4.8% | |||
Aristocrat International Pty Ltd.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 10/19/24 (b)(c)(d) | 153,450 | 153,587 | |
Tranche B 3LN, term loan 3 month U.S. LIBOR + 1.750% 1.9383% 10/19/24 (b)(c)(d) | 74,897 | 74,307 | |
Bally's Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 8.000% 9% 5/10/26 (b)(c)(d) | 430,650 | 453,797 | |
Boyd Gaming Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3383% 9/15/23 (b)(c)(d) | 448,438 | 447,707 | |
Caesars Resort Collection LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 12/22/24 (b)(c)(d) | 3,089,992 | 3,061,842 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 4.6043% 7/20/25 (b)(c)(d) | 1,965,150 | 1,970,063 | |
Churchill Downs, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.11% 3/17/28 (b)(c)(d) | 299,250 | 296,258 | |
CityCenter Holdings LLC Tranche B, term loan 3 month U.S. LIBOR + 2.250% 3% 4/18/24 (b)(c)(d) | 415,919 | 412,280 | |
Golden Entertainment, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.000% 3.75% 10/20/24 (b)(c)(d) | 1,138,877 | 1,130,336 | |
Golden Nugget LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 3.25% 10/4/23 (b)(c)(d) | 1,941,653 | 1,925,964 | |
J&J Ventures Gaming LLC 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 4/26/28 (b)(c)(d) | 285,000 | 285,713 | |
PCI Gaming Authority 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6043% 5/29/26 (b)(c)(d) | 312,145 | 310,628 | |
Penn National Gaming, Inc. Tranche B, term loan 3 month U.S. LIBOR + 2.250% 3% 10/15/25 (b)(c)(d) | 224,440 | 223,628 | |
Playtika Holding Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 3/11/28 (b)(c)(d) | 703,238 | 699,644 | |
Scientific Games Corp. Tranche B 5LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 8/14/24 (b)(c)(d) | 449,196 | 445,827 | |
Stars Group Holdings BV Tranche B, term loan 3 month U.S. LIBOR + 3.500% 3.6473% 7/10/25 (b)(c)(d) | 604,174 | 604,252 | |
Station Casinos LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.5% 2/7/27 (b)(c)(d) | 1,087,177 | 1,073,816 | |
TOTAL GAMING | 13,569,649 | ||
Healthcare - 6.3% | |||
Aldevron LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4.25% 10/11/26 (b)(c)(d) | 1,057,553 | 1,057,225 | |
Avantor Funding, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 3.25% 11/6/27 (b)(c)(d) | 248,750 | 248,646 | |
Catalent Pharma Solutions Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.5% 2/22/28 (b)(c)(d) | 139,650 | 139,738 | |
CPI Holdco LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 11/4/26 (b)(c)(d) | 143,188 | 143,265 | |
Da Vinci Purchaser Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 5% 12/13/26 (b)(c)(d) | 663,920 | 665,580 | |
Elanco Animal Health, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8421% 8/1/27 (b)(c)(d) | 1,694,698 | 1,667,871 | |
Gainwell Acquisition Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 10/1/27 (b)(c)(d) | 2,155,958 | 2,160,809 | |
Horizon Pharma U.S.A., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.5% 3/15/28 (b)(c)(d) | 284,288 | 282,243 | |
Indigo Merger Sub, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.500% 7/1/28 (c)(d)(e) | 399,909 | 400,473 | |
Insulet Corp. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.250% 3.75% 5/4/28 (b)(c)(d) | 525,000 | 525,331 | |
Jazz Financing Lux SARL Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.500% 4% 5/5/28 (b)(c)(d) | 1,375,000 | 1,378,864 | |
Maravai Intermediate Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 10/19/27 (b)(c)(d) | 596,727 | 598,965 | |
MED ParentCo LP: | |||
1LN, term loan 3 month U.S. LIBOR + 4.250% 4.3543% 8/31/26 (b)(c)(d) | 280,252 | 280,061 | |
2LN, term loan 3 month U.S. LIBOR + 8.250% 8.3543% 8/30/27 (b)(c)(d) | 180,000 | 178,538 | |
MPH Acquisition Holdings LLC Tranche B, term loan 3 month U.S. LIBOR + 2.750% 3.75% 6/7/23 (b)(c)(d) | 198,683 | 198,097 | |
Organon & Co. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.5% 6/2/28 (b)(c)(d) | 1,350,000 | 1,350,851 | |
Ortho-Clinical Diagnostics, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.0888% 6/30/25 (b)(c)(d) | 501,842 | 501,305 | |
Packaging Coordinators Midco, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 11/30/27 (b)(c)(d) | 374,063 | 374,250 | |
Pathway Vet Alliance LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 3/31/27 (b)(c)(d) | 479,137 | 477,670 | |
PPD, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.75% 1/13/28 (b)(c)(d) | 832,913 | 831,480 | |
Radiology Partners, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.3247% 7/9/25 (b)(c)(d) | 70,000 | 69,942 | |
RadNet Management, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 4/23/28 (b)(c)(d) | 230,000 | 229,903 | |
RegionalCare Hospital Partners Holdings, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 11/16/25 (b)(c)(d) | 488,602 | 487,195 | |
Surgery Center Holdings, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.750% 4.5% 8/31/26 (b)(c)(d) | 244,291 | 245,168 | |
U.S. Anesthesia Partners, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.000% 4% 6/23/24 (b)(c)(d) | 634,372 | 629,810 | |
U.S. Radiology Specialists, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.500% 6.25% 12/15/27 (b)(c)(d) | 283,575 | 285,052 | |
U.S. Renal Care, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.125% 6/13/26 (b)(c)(d) | 844,626 | 847,616 | |
Upstream Newco, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.500% 4.6043% 11/20/26 (b)(c)(d) | 246,875 | 247,080 | |
Valeant Pharmaceuticals International, Inc.: | |||
Tranche B 2LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 11/27/25 (b)(c)(d) | 937,500 | 930,028 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 6/1/25 (b)(c)(d) | 351,696 | 350,071 | |
TOTAL HEALTHCARE | 17,783,127 | ||
Homebuilders/Real Estate - 1.2% | |||
DTZ U.S. Borrower LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 8/21/25 (b)(c)(d) | 974,181 | 964,615 | |
Landry's Finance Acquisition Co. Tranche B 1LN, term loan 3 month U.S. LIBOR + 12.000% 13% 10/4/23 (b)(c)(d) | 180,000 | 199,800 | |
Lightstone Holdco LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 1/30/24 (b)(c)(d) | 678,660 | 521,563 | |
Tranche C 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 1/30/24 (b)(c)(d) | 38,277 | 29,417 | |
RS Ivy Holdco, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.500% 6.5% 12/23/27 (b)(c)(d) | 228,850 | 228,850 | |
Ryan Specialty Group LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 9/1/27 (b)(c)(d) | 645,125 | 644,519 | |
VICI Properties, LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.841% 12/22/24 (b)(c)(d) | 858,636 | 851,029 | |
TOTAL HOMEBUILDERS/REAL ESTATE | 3,439,793 | ||
Hotels - 1.7% | |||
Aimbridge Acquisition Co., Inc.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 10/1/27 (b)(c)(d) | 124,064 | 123,961 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 2/1/26 (b)(c)(d) | 534,234 | 520,878 | |
ASP LS Acquisition Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 5.25% 4/30/28 (b)(c)(d) | 225,000 | 224,719 | |
Four Seasons Holdings, Inc. Tranche B, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 11/30/23 (b)(c)(d) | 708,768 | 706,110 | |
Hilton Grand Vacations Borrower LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.000% 5/20/28 (c)(d)(e) | 1,100,000 | 1,100,341 | |
Hilton Worldwide Finance LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8415% 6/21/26 (b)(c)(d) | 126,445 | 125,316 | |
Marriott Ownership Resorts, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 8/31/25 (b)(c)(d) | 178,650 | 175,747 | |
Oravel Stays Singapore Pte Ltd. Tranche B 1LN, term loan 1 month U.S. LIBOR + 8.250% 6/23/26 (c)(d)(e) | 260,000 | 263,250 | |
Travelport Finance Luxembourg SARL 1LN, term loan: | |||
3 month U.S. LIBOR + 5.000% 5.1473% 5/30/26 (b)(c)(d) | 604,108 | 550,119 | |
3 month U.S. LIBOR + 5.000% 5.2025% 5/29/26 (b)(c)(d) | 185,611 | 169,023 | |
3 month U.S. LIBOR + 8.000% 9% 2/28/25 (b)(c)(d) | 625,943 | 655,788 | |
TOTAL HOTELS | 4,615,252 | ||
Insurance - 4.6% | |||
Acrisure LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6043% 2/13/27 (b)(c)(d) | 1,365,486 | 1,349,550 | |
Alliant Holdings Intermediate LLC: | |||
Tranche B, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 5/10/25 (b)(c)(d) | 452,680 | 447,538 | |
Tranche B-2 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 5/9/25 (b)(c)(d) | 245,000 | 242,183 | |
Tranche B3 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.25% 11/5/27 (b)(c)(d) | 791,472 | 792,129 | |
AmeriLife Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 3/18/27 (b)(c)(d) | 717,813 | 716,693 | |
AmWINS Group, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 3% 2/19/28 (b)(c)(d) | 497,500 | 494,182 | |
AssuredPartners, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6043% 2/13/27 (b)(c)(d) | 448,175 | 445,625 | |
Asurion LLC: | |||
Tranche B 6LN, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 11/3/23 (b)(c)(d) | 1,676,072 | 1,666,653 | |
Tranche B 7LN, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 11/3/24 (b)(c)(d) | 485,000 | 479,694 | |
Tranche B3 2LN, term loan 3 month U.S. LIBOR + 5.250% 5.3543% 1/31/28 (b)(c)(d) | 1,005,000 | 1,012,115 | |
Tranche B8 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 12/23/26 (b)(c)(d) | 995,000 | 983,189 | |
Tranche B9 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 7/31/27 (b)(c)(d) | 603,488 | 596,445 | |
HUB International Ltd.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4% 4/25/25 (b)(c)(d) | 861,919 | 861,315 | |
Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.9257% 4/25/25 (b)(c)(d) | 1,495,739 | 1,478,373 | |
USI, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3973% 12/2/26 (b)(c)(d) | 123,126 | 121,917 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.000% 3.1473% 5/16/24 (b)(c)(d) | 1,293,641 | 1,280,911 | |
TOTAL INSURANCE | 12,968,512 | ||
Leisure - 2.4% | |||
Alterra Mountain Co. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 2.750% 2.8543% 7/31/24 (b)(c)(d) | 212,214 | 209,372 | |
3 month U.S. LIBOR + 4.500% 5.5% 8/3/26 (b)(c)(d) | 450,553 | 451,400 | |
Callaway Golf Co. Tranche B, term loan 3 month U.S. LIBOR + 3.500% 4.5908% 1/4/26 (b)(c)(d) | 375,150 | 377,142 | |
Carnival Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 7.500% 3.75% 6/30/25 (b)(c)(d) | 410,850 | 420,267 | |
Crown Finance U.S., Inc. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 2.500% 3.5% 2/28/25 (b)(c)(d) | 876,641 | 770,716 | |
3 month U.S. LIBOR + 2.750% 3.75% 9/30/26 (b)(c)(d) | 369,366 | 321,001 | |
15.25% 5/23/24 (d) | 170,612 | 214,545 | |
Delta 2 SARL Tranche B, term loan 3 month U.S. LIBOR + 2.500% 3.5% 2/1/24 (b)(c)(d) | 1,540,956 | 1,531,571 | |
Equinox Holdings, Inc.: | |||
Tranche 2LN, term loan 3 month U.S. LIBOR + 7.000% 8% 9/8/24 (b)(c)(d) | 250,000 | 224,375 | |
Tranche B-1, term loan 3 month U.S. LIBOR + 3.000% 4% 3/8/24 (b)(c)(d) | 718,266 | 687,143 | |
Herschend Entertainment Co. LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.750% 6.75% 8/18/25 (b)(c)(d) | 218,350 | 219,442 | |
MajorDrive Holdings IV LLC 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.5% 5/12/28 (b)(c)(d) | 345,000 | 345,107 | |
PlayPower, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.500% 5.6473% 5/10/26 (b)(c)(d) | 113,570 | 112,576 | |
SP PF Buyer LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 4.6043% 12/21/25 (b)(c)(d) | 366,563 | 360,331 | |
United PF Holdings LLC: | |||
1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1473% 12/30/26 (b)(c)(d) | 364,907 | 353,777 | |
2LN, term loan 3 month U.S. LIBOR + 8.500% 8.6473% 12/30/27 (b)(c)(d)(g) | 125,000 | 116,250 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 8.500% 9.5% 12/30/26 (b)(c)(d)(g) | 133,988 | 134,322 | |
TOTAL LEISURE | 6,849,337 | ||
Metals/Mining - 0.1% | |||
American Rock Salt Co. LLC 1LN, term loan 1 month U.S. LIBOR + 4.000% 4.75% 6/4/28 (b)(c)(d) | 250,000 | 250,105 | |
Paper - 0.1% | |||
Neenah, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.5% 4/6/28 (b)(c)(d)(g) | 248,763 | 248,452 | |
Publishing/Printing - 0.9% | |||
Cengage Learning, Inc.: | |||
Tranche B 1LN, term loan 1 month U.S. LIBOR + 4.750% 6/29/26 (c)(d)(e) | 425,000 | 425,268 | |
Tranche B, term loan 3 month U.S. LIBOR + 4.250% 5.25% 6/7/23 (b)(c)(d) | 342,423 | 342,607 | |
Harland Clarke Holdings Corp. Tranche B 7LN, term loan 3 month U.S. LIBOR + 4.750% 5.75% 11/3/23 (b)(c)(d) | 579,706 | 517,752 | |
Learning Care Group (U.S.) No 2, Inc. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.250% 4.25% 3/13/25 (b)(c)(d) | 109,844 | 107,922 | |
3 month U.S. LIBOR + 8.500% 9.5% 3/13/25 (b)(c)(d) | 336,600 | 338,283 | |
Proquest LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 10/17/26 (b)(c)(d) | 464,949 | 464,414 | |
Scripps (E.W.) Co. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 1/7/28 (b)(c)(d) | 396,313 | 395,817 | |
TOTAL PUBLISHING/PRINTING | 2,592,063 | ||
Railroad - 0.3% | |||
AIT Worldwide Logistics Holdings, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 4/1/28 (b)(c)(d) | 295,000 | 294,540 | |
Genesee & Wyoming, Inc. 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1473% 12/30/26 (b)(c)(d) | 528,313 | 524,498 | |
TOTAL RAILROAD | 819,038 | ||
Restaurants - 0.6% | |||
Burger King Worldwide, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 11/19/26 (b)(c)(d) | 735,028 | 724,348 | |
PFC Acquisition Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.250% 6.3543% 3/1/26 (b)(c)(d) | 366,563 | 361,522 | |
Whatabrands LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8318% 8/2/26 (b)(c)(d) | 567,445 | 564,738 | |
TOTAL RESTAURANTS | 1,650,608 | ||
Services - 7.9% | |||
ABG Intermediate Holdings 2 LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.250% 6.25% 9/29/24 (b)(c)(d) | 133,988 | 133,988 | |
Adtalem Global Education, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 2/12/28 (c)(d)(e) | 690,000 | 688,103 | |
Allied Universal Holdco LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.750% 4.25% 5/14/28 (b)(c)(d) | 500,000 | 501,250 | |
APX Group, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.0939% 12/31/25 (b)(c)(d) | 252,791 | 253,148 | |
Aramark Services, Inc.: | |||
Tranche B 3LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 3/11/25 (b)(c)(d) | 614,325 | 607,156 | |
Tranche B-4 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 1/15/27 (b)(c)(d) | 627,063 | 618,961 | |
Ascend Learning LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 7/12/24 (b)(c)(d) | 248,125 | 248,125 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.000% 4% 7/12/24 (b)(c)(d) | 809,018 | 808,177 | |
Brand Energy & Infrastructure Services, Inc. Tranche B, term loan 3 month U.S. LIBOR + 4.250% 5.25% 6/21/24 (b)(c)(d) | 1,334,413 | 1,311,688 | |
Cast & Crew Payroll LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 2/7/26 (b)(c)(d) | 477,918 | 474,931 | |
Conservice Midco LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.3543% 5/13/27 (b)(c)(d) | 312,638 | 311,987 | |
CoreCivic, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 5.5% 12/18/24 (b)(c)(d) | 333,063 | 322,951 | |
CoreLogic, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 4/14/28 (b)(c)(d) | 1,010,000 | 1,006,465 | |
Creative Artists Agency LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 11/26/26 (b)(c)(d) | 369,375 | 367,761 | |
Ensemble RCM LLC 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.9355% 8/1/26 (b)(c)(d) | 617,172 | 617,301 | |
Filtration Group Corp. Tranche B, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 3/29/25 (b)(c)(d) | 455,846 | 451,761 | |
Finastra U.S.A., Inc.: | |||
Tranche 2LN, term loan 3 month U.S. LIBOR + 7.250% 8.25% 6/13/25 (b)(c)(d) | 530,000 | 535,104 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.5% 6/13/24 (b)(c)(d) | 1,436,659 | 1,413,170 | |
Flexera Software LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 3/3/28 (b)(c)(d) | 199,000 | 199,285 | |
Franchise Group, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 3/10/26 (b)(c)(d) | 638,400 | 641,196 | |
GEMS MENASA Cayman Ltd. Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 6% 7/30/26 (b)(c)(d) | 846,158 | 848,908 | |
Greeneden U.S. Holdings II LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 12/1/27 (b)(c)(d) | 374,063 | 374,732 | |
Ion Trading Finance Ltd. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 4.9166% 3/26/28 (b)(c)(d) | 1,245,000 | 1,248,785 | |
KNS Acquisitions, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.250% 7% 4/21/27 (b)(c)(d) | 275,000 | 273,969 | |
KUEHG Corp. Tranche B, term loan 3 month U.S. LIBOR + 3.750% 4.75% 2/21/25 (b)(c)(d) | 710,565 | 698,649 | |
Life Time, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.75% 12/15/24 (b)(c)(d) | 835,800 | 837,890 | |
Maverick Purchaser Sub LLC: | |||
Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.500% 3.6043% 1/23/27 (b)(c)(d) | 697,950 | 695,682 | |
3 month U.S. LIBOR + 4.750% 5.5% 2/3/27 (b)(c)(d) | 124,688 | 125,584 | |
Tranche B 2LN, term loan 1 month U.S. LIBOR + 8.750% 1/31/28 (c)(d)(e) | 200,000 | 200,500 | |
Nielsen Holdings PLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.08% 3/5/28 (b)(c)(d) | 339,150 | 339,513 | |
PowerTeam Services LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.500% 3/6/25 (c)(d)(e) | 335,000 | 333,325 | |
Sabert Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.500% 5.5% 12/10/26 (b)(c)(d) | 601,328 | 600,204 | |
Signal Parent, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 4/1/28 (b)(c)(d) | 170,000 | 166,813 | |
Sotheby's Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 1/15/27 (b)(c)(d) | 590,573 | 593,278 | |
Spin Holdco, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 3/4/28 (b)(c)(d) | 1,496,250 | 1,496,445 | |
Staples, Inc.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.000% 5.1756% 4/16/26 (b)(c)(d) | 308,682 | 300,387 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 4.500% 4.6756% 9/12/24 (b)(c)(d) | 62,331 | 61,218 | |
The GEO Group, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.75% 3/23/24 (b)(c)(d) | 245,513 | 218,538 | |
Uber Technologies, Inc. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.500% 3.6043% 4/4/25 (b)(c)(d) | 726,256 | 725,610 | |
3 month U.S. LIBOR + 3.500% 3.6043% 2/25/27 (b)(c)(d) | 501,829 | 501,357 | |
TOTAL SERVICES | 22,153,895 | ||
Steel - 0.2% | |||
JMC Steel Group, Inc. 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.0915% 1/24/27 (b)(c)(d) | 485,387 | 479,626 | |
Super Retail - 4.4% | |||
Academy Ltd. Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.750% 4.5% 11/6/27 (b)(c)(d) | 467,578 | 469,187 | |
Ambience Merger Sub, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 4.250% 6/24/28 (c)(d)(e) | 255,000 | 255,000 | |
Bass Pro Group LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 5% 3/5/28 (b)(c)(d) | 7,382,900 | 7,401,346 | |
BJ's Wholesale Club, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.0726% 2/3/24 (b)(c)(d) | 542,822 | 542,665 | |
Harbor Freight Tools U.S.A., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 10/19/27 (b)(c)(d) | 995,000 | 994,333 | |
LBM Acquisition LLC Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.750% 2.25% 12/18/27 (b)(c)(d)(f) | 90,909 | 90,208 | |
3 month U.S. LIBOR + 3.750% 4.5% 12/18/27 (b)(c)(d) | 408,068 | 404,922 | |
Red Ventures LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 2.6043% 11/8/24 (b)(c)(d) | 846,304 | 834,905 | |
Rent-A-Center, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 2/17/28 (b)(c)(d) | 413,963 | 413,963 | |
Sports Authority, Inc. Tranche B, term loan 3 month U.S. LIBOR + 6.000% 0% 11/16/17 (c)(d)(g)(i) | 1,144,897 | 0 | |
The Hillman Group, Inc. Tranche B, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 5/31/25 (b)(c)(d) | 457,043 | 455,900 | |
WW International, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 4/13/28 (b)(c)(d) | 520,000 | 521,300 | |
TOTAL SUPER RETAIL | 12,383,729 | ||
Technology - 15.8% | |||
Acuris Finance U.S., Inc. 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.5% 2/16/28 (b)(c)(d) | 240,365 | 240,965 | |
Anastasia Parent LLC Tranche B, term loan 3 month U.S. LIBOR + 3.750% 3.8973% 8/10/25 (b)(c)(d) | 640,878 | 509,677 | |
Aptean, Inc. 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.3543% 4/23/26 (b)(c)(d) | 363,764 | 362,215 | |
Arches Buyer, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.75% 12/4/27 (b)(c)(d) | 736,300 | 733,951 | |
athenahealth, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 4.4099% 2/11/26 (b)(c)(d) | 2,040,730 | 2,045,200 | |
Big Ass Fans LLC 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 5/21/24 (b)(c)(d) | 347,907 | 348,126 | |
Boxer Parent Co., Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 10/2/25 (b)(c)(d) | 425,667 | 423,007 | |
Camelot Finance SA: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 4% 10/31/26 (b)(c)(d) | 1,243,750 | 1,243,750 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 10/31/26 (b)(c)(d) | 589,673 | 586,725 | |
CCC Information Services, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 4% 4/27/24 (b)(c)(d) | 579,528 | 579,209 | |
Ceridian HCM Holding, Inc. Tranche B, term loan 3 month U.S. LIBOR + 2.500% 2.5944% 4/30/25 (b)(c)(d) | 972,500 | 957,183 | |
Cloudera, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.500% 3.25% 12/22/27 (b)(c)(d) | 224,438 | 224,182 | |
CMI Marketing, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.750% 5.5% 3/23/28 (b)(c)(d) | 275,000 | 273,455 | |
CommerceHub, Inc.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 12/29/27 (b)(c)(d) | 313,425 | 314,209 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 7.000% 7.75% 12/29/28 (b)(c)(d) | 85,000 | 86,063 | |
CommScope, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 4/4/26 (b)(c)(d) | 1,311,638 | 1,304,148 | |
Cvent, Inc. Tranche B, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 11/29/24 (b)(c)(d) | 240,416 | 236,930 | |
DCert Buyer, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 10/16/26 (b)(c)(d) | 1,333,125 | 1,333,685 | |
Tranche B 2LN, term loan 3 month U.S. LIBOR + 7.000% 7.1043% 2/19/29 (b)(c)(d) | 250,000 | 251,720 | |
Dell International LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 2% 9/19/25 (b)(c)(d) | 412,535 | 412,350 | |
DG Investment Intermediate Holdings, Inc.: | |||
2LN, term loan 3 month U.S. LIBOR + 6.750% 7.5% 3/31/29 (b)(c)(d) | 95,000 | 94,644 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 3/31/28 (b)(c)(d) | 343,139 | 344,140 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.32% 3/31/28 (b)(c)(d)(f) | 71,861 | 72,071 | |
Dynatrace LLC 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 8/23/25 (b)(c)(d) | 128,136 | 127,416 | |
Emerald TopCo, Inc. 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6855% 7/22/26 (b)(c)(d) | 245,317 | 243,784 | |
Epicor Software Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4% 7/31/27 (b)(c)(d) | 610,388 | 609,448 | |
EXC Holdings III Corp. Tranche B, term loan 3 month U.S. LIBOR + 3.500% 4.5% 12/2/24 (b)(c)(d) | 618,812 | 617,265 | |
Go Daddy Operating Co. LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1043% 8/10/27 (b)(c)(d) | 371,250 | 368,755 | |
Tranche B, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 2/15/24 (b)(c)(d) | 289,363 | 286,941 | |
Hyland Software, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 7/1/24 (b)(c)(d) | 670,625 | 671,181 | |
Icon Luxembourg Sarl Tranche B 1LN, term loan 1 month U.S. LIBOR + 2.500% 7/1/28 (c)(d)(e) | 1,605,091 | 1,607,354 | |
Imprivata, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4% 12/1/27 (b)(c)(d) | 468,825 | 469,266 | |
Liftoff Mobile, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 3/17/28 (b)(c)(d) | 213,925 | 213,480 | |
MA FinanceCo. LLC: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.250% 5.25% 6/5/25 (b)(c)(d) | 245,313 | 248,175 | |
Tranche B 3LN, term loan 3 month U.S. LIBOR + 2.750% 2.8423% 6/21/24 (b)(c)(d) | 321,091 | 317,077 | |
McAfee LLC Tranche B, term loan 3 month U.S. LIBOR + 3.750% 3.8461% 9/29/24 (b)(c)(d) | 1,074,098 | 1,073,829 | |
MH Sub I LLC: | |||
Tranche B 2LN, term loan 3 month U.S. LIBOR + 6.250% 6.345% 2/23/29 (b)(c)(d) | 85,000 | 86,222 | |
Tranche B, term loan 3 month U.S. LIBOR + 3.500% 3.6043% 9/15/24 (b)(c)(d) | 415,495 | 413,301 | |
NAVEX TopCo, Inc.: | |||
2LN, term loan 3 month U.S. LIBOR + 7.000% 7.11% 9/4/26 (b)(c)(d) | 85,000 | 82,663 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.36% 9/4/25 (b)(c)(d) | 335,512 | 331,949 | |
Northwest Fiber LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8226% 4/30/27 (b)(c)(d) | 703,487 | 703,135 | |
Osmosis Debt Merger Sub, Inc.: | |||
Tranche B 1LN, term loan 1 month U.S. LIBOR + 4.000% 6/17/28 (c)(d)(e) | 271,111 | 271,789 | |
Tranche DD 1LN, term loan 1 month U.S. LIBOR + 4.000% 6/17/28 (c)(d)(e) | 33,889 | 33,974 | |
Peraton Corp. Tranche B 1LN, term loan: | |||
3 month U.S. LIBOR + 3.750% 4.5% 2/1/28 (b)(c)(d) | 938,438 | 940,389 | |
3 month U.S. LIBOR + 3.750% 4.5% 2/1/28 (b)(c)(d) | 1,651,563 | 1,654,998 | |
Pitney Bowes, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.11% 3/19/28 (b)(c)(d) | 194,513 | 194,209 | |
PointClickCare Technologies, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.75% 12/29/27 (b)(c)(d) | 234,413 | 233,681 | |
Polaris Newco LLC Tranche B 1LN, term loan 1 month U.S. LIBOR + 4.000% 4.5% 6/2/28 (b)(c)(d) | 1,290,000 | 1,293,070 | |
Project Boost Purchaser LLC 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.6043% 5/30/26 (b)(c)(d) | 368,438 | 365,829 | |
Proofpoint, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.250% 6/9/28 (c)(d)(e) | 1,255,000 | 1,247,319 | |
Rackspace Technology Global, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 3.5% 2/15/28 (b)(c)(d) | 1,027,425 | 1,021,302 | |
RealPage, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.75% 4/24/28 (b)(c)(d) | 710,000 | 707,515 | |
Renaissance Holding Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3543% 5/31/25 (b)(c)(d) | 422,639 | 417,884 | |
Seattle Spinco, Inc. Tranche B 3LN, term loan 3 month U.S. LIBOR + 2.750% 2.8543% 6/21/24 (b)(c)(d) | 2,226,903 | 2,199,067 | |
Severin Acquisition LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.3318% 8/1/25 (b)(c)(d) | 285,491 | 283,552 | |
Sophia LP 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 10/7/27 (b)(c)(d) | 945,250 | 945,449 | |
SS&C Technologies, Inc.: | |||
Tranche B 3LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 4/16/25 (b)(c)(d) | 381,626 | 376,856 | |
Tranche B 4LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 4/16/25 (b)(c)(d) | 289,945 | 286,321 | |
Tranche B 5LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 4/16/25 (b)(c)(d) | 1,053,818 | 1,041,141 | |
STG-Fairway Holdings LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 2.8543% 1/31/27 (b)(c)(d) | 224,114 | 222,924 | |
Sybil Software LLC. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.000% 2.1473% 3/22/28 (b)(c)(d) | 301,188 | 300,121 | |
Tempo Acquisition LLC Tranche B, term loan 3 month U.S. LIBOR + 2.750% 5% 5/1/24 (b)(c)(d) | 950,888 | 949,110 | |
TTM Technologies, Inc. Tranche B, term loan 3 month U.S. LIBOR + 2.500% 2.5921% 9/28/24 (b)(c)(d) | 661,092 | 657,786 | |
UKG, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8543% 5/4/26 (b)(c)(d) | 790,913 | 790,992 | |
2LN, term loan 3 month U.S. LIBOR + 6.750% 7.5% 5/3/27 (b)(c)(d) | 570,000 | 579,023 | |
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4% 5/4/26 (b)(c)(d) | 1,543,357 | 1,544,252 | |
Verscend Holding Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.1043% 8/27/25 (b)(c)(d) | 869,239 | 870,639 | |
VFH Parent LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.0934% 3/1/26 (b)(c)(d) | 566,784 | 564,307 | |
Virgin Pulse, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 4.000% 4.75% 4/6/28 (b)(c)(d) | 280,000 | 279,650 | |
VM Consolidated, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.4166% 3/19/28 (b)(c)(d) | 469,513 | 467,836 | |
VS Buyer LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 2/28/27 (b)(c)(d) | 523,375 | 521,088 | |
Weber-Stephen Products LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 4% 10/30/27 (b)(c)(d) | 417,900 | 418,422 | |
WEX, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 4/1/28 (b)(c)(d) | 269,325 | 267,138 | |
Xperi Holding Corp. Tranche B 1LN, term loan 1 month U.S. LIBOR + 3.500% 3.5813% 6/8/28 (b)(c)(d) | 512,277 | 510,868 | |
Zelis Payments Buyer, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 3.5921% 9/30/26 (b)(c)(d) | 316,408 | 315,301 | |
TOTAL TECHNOLOGY | 44,222,648 | ||
Telecommunications - 6.6% | |||
Altice Financing SA Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.9004% 1/31/26 (b)(c)(d) | 482,500 | 473,453 | |
Altice France SA: | |||
Tranche B 11LN, term loan 3 month U.S. LIBOR + 2.750% 2.9355% 7/31/25 (b)(c)(d) | 23,824 | 23,397 | |
Tranche B 13LN, term loan 3 month U.S. LIBOR + 4.000% 4.1548% 8/14/26 (b)(c)(d) | 1,218,750 | 1,215,484 | |
Blucora, Inc. Tranche B, term loan 3 month U.S. LIBOR + 4.000% 5% 5/22/24 (b)(c)(d) | 249,197 | 249,197 | |
Cablevision Lightpath LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.250% 3.75% 11/30/27 (b)(c)(d) | 368,150 | 368,150 | |
Connect Finco SARL Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.5% 12/12/26 (b)(c)(d) | 617,188 | 617,576 | |
Consolidated Communications, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 10/2/27 (b)(c)(d) | 264,182 | 264,512 | |
Crown Subsea Communications Holding, Inc. Tranche B 1LN, term loan 1 month U.S. LIBOR + 5.000% 5.75% 4/20/27 (b)(c)(d) | 254,110 | 255,591 | |
Evo Payments International LLC Tranche B, term loan 3 month U.S. LIBOR + 3.250% 3.36% 12/22/23 (b)(c)(d) | 441,373 | 440,177 | |
Frontier Communications Corp.: | |||
Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 5/1/28 (b)(c)(d) | 1,160,000 | 1,160,000 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.5% 4/14/28 (b)(c)(d) | 145,000 | 145,000 | |
GTT Communications, Inc.: | |||
1LN, term loan 3 month U.S. LIBOR + 5.000% 8.5% 5/31/25 (b)(c)(d) | 62,164 | 62,675 | |
Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.9% 5/31/25 (b)(c)(d) | 970,000 | 761,935 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 5.000% 8.5% 12/31/21 (b)(c)(d) | 76,541 | 77,169 | |
Intelsat Jackson Holdings SA: | |||
Tranche B, term loan 3 month U.S. LIBOR + 3.750% 8% 11/27/23 (b)(c)(d) | 2,535,000 | 2,570,921 | |
Tranche B-4, term loan 3 month U.S. LIBOR + 5.500% 8.75% 1/2/24 (b)(c)(d) | 1,000,000 | 1,016,880 | |
Tranche B-5, term loan 8.625% 1/2/24 (d) | 650,000 | 660,446 | |
Tranche DD 1LN, term loan 3 month U.S. LIBOR + 5.500% 6.5% 7/13/22 (b)(c)(d) | 1,255,074 | 1,262,140 | |
Iridium Satellite LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 3.75% 11/4/26 (b)(c)(d) | 465,300 | 465,751 | |
Level 3 Financing, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 1.750% 1.8543% 3/1/27 (b)(c)(d) | 457,985 | 450,684 | |
Lumen Technologies, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.250% 2.3543% 3/15/27 (b)(c)(d) | 157,995 | 155,744 | |
Radiate Holdco LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 9/10/26 (b)(c)(d) | 1,318,375 | 1,318,863 | |
Securus Technologies Holdings Tranche B, term loan: | |||
3 month U.S. LIBOR + 4.500% 5.5% 11/1/24 (b)(c)(d) | 724,806 | 678,150 | |
3 month U.S. LIBOR + 8.250% 9.25% 11/1/25 (b)(c)(d) | 1,100,000 | 957,000 | |
Telesat LLC Tranche B, term loan 3 month U.S. LIBOR + 2.750% 2.86% 11/22/26 (b)(c)(d) | 406,816 | 381,402 | |
Windstream Services LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 6.250% 7.25% 9/21/27 (b)(c)(d) | 589,361 | 590,393 | |
Zayo Group Holdings, Inc. 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.1043% 3/9/27 (b)(c)(d) | 1,763,763 | 1,744,062 | |
TOTAL TELECOMMUNICATIONS | 18,366,752 | ||
Textiles/Apparel - 0.2% | |||
Canada Goose, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4.25% 10/7/27 (b)(c)(d) | 243,777 | 244,488 | |
Tory Burch LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.500% 4% 4/14/28 (b)(c)(d) | 440,000 | 438,350 | |
TOTAL TEXTILES/APPAREL | 682,838 | ||
Utilities - 2.6% | |||
Brookfield WEC Holdings, Inc. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 3.25% 8/1/25 (b)(c)(d) | 1,793,978 | 1,775,536 | |
Granite Generation LLC 1LN, term loan 3 month U.S. LIBOR + 3.750% 4.75% 11/1/26 (b)(c)(d) | 345,589 | 336,517 | |
Green Energy Partners/Stonewall LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 5.500% 6.5% 11/13/21 (b)(c)(d) | 832,563 | 774,633 | |
Limetree Bay Terminals LLC term loan 3 month U.S. LIBOR + 4.000% 5% 2/15/24 (b)(c)(d) | 925,876 | 653,326 | |
LMBE-MC HoldCo II LLC Tranche B, term loan 3 month U.S. LIBOR + 4.000% 5% 12/3/25 (b)(c)(d) | 205,376 | 198,188 | |
PG&E Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.5% 6/23/25 (b)(c)(d) | 1,004,850 | 990,410 | |
Pike Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.000% 3.11% 1/21/28 (b)(c)(d) | 359,589 | 358,640 | |
UGI Energy Services LLC Tranche B 1LN, term loan 3 month U.S. LIBOR + 3.750% 3.8542% 8/13/26 (b)(c)(d) | 245,000 | 244,694 | |
Vertiv Group Corp. Tranche B 1LN, term loan 3 month U.S. LIBOR + 2.750% 2.8359% 3/2/27 (b)(c)(d) | 1,153,674 | 1,145,841 | |
Vistra Operations Co. LLC Tranche B 3LN, term loan 3 month U.S. LIBOR + 1.750% 1.8498% 12/31/25 (b)(c)(d) | 855,098 | 848,684 | |
TOTAL UTILITIES | 7,326,469 | ||
TOTAL BANK LOAN OBLIGATIONS (Cost $258,997,301) | 257,113,854 |
Nonconvertible Bonds - 3.3% | |||
Principal Amount (a) | Value ($) | ||
Aerospace - 0.2% | |||
TransDigm, Inc.: | |||
6.25% 3/15/26 (j) | 500,000 | 527,500 | |
8% 12/15/25 (j) | 55,000 | 59,428 | |
TOTAL AEROSPACE | 586,928 | ||
Air Transportation - 0.1% | |||
American Airlines, Inc. / AAdvantage Loyalty IP Ltd. 5.5% 4/20/26 (j) | 165,000 | 174,694 | |
Delta Air Lines, Inc. / SkyMiles IP Ltd. 4.5% 10/20/25 (j) | 115,000 | 123,581 | |
TOTAL AIR TRANSPORTATION | 298,275 | ||
Broadcasting - 0.1% | |||
Univision Communications, Inc.: | |||
6.625% 6/1/27 (j) | 170,000 | 184,204 | |
9.5% 5/1/25 (j) | 170,000 | 187,425 | |
TOTAL BROADCASTING | 371,629 | ||
Chemicals - 0.6% | |||
Consolidated Energy Finance SA: | |||
3 month U.S. LIBOR + 3.750% 3.8689% 6/15/22 (b)(c)(j) | 1,335,000 | 1,320,655 | |
6.875% 6/15/25 (j) | 420,000 | 427,841 | |
Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc. 5% 12/31/26 (j) | 5,000 | 5,075 | |
TOTAL CHEMICALS | 1,753,571 | ||
Containers - 0.2% | |||
Ardagh Packaging Finance PLC/Ardagh MP Holdings U.S.A., Inc. 4.125% 8/15/26 (j) | 415,000 | 428,488 | |
Trivium Packaging Finance BV 5.5% 8/15/26 (j) | 145,000 | 152,352 | |
TOTAL CONTAINERS | 580,840 | ||
Energy - 0.1% | |||
New Fortress Energy, Inc. 6.75% 9/15/25 (j) | 75,000 | 76,781 | |
PBF Holding Co. LLC/PBF Finance Corp. 9.25% 5/15/25 (j) | 165,000 | 165,825 | |
Transocean Poseidon Ltd. 6.875% 2/1/27 (j) | 140,000 | 140,000 | |
TOTAL ENERGY | 382,606 | ||
Gaming - 0.4% | |||
Golden Entertainment, Inc. 7.625% 4/15/26 (j) | 250,000 | 265,625 | |
Stars Group Holdings BV 7% 7/15/26 (j) | 495,000 | 512,345 | |
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp. 5.875% 5/15/25 (j) | 300,000 | 296,250 | |
VICI Properties, Inc.: | |||
3.5% 2/15/25 (j) | 35,000 | 35,691 | |
4.25% 12/1/26 (j) | 50,000 | 52,011 | |
TOTAL GAMING | 1,161,922 | ||
Healthcare - 0.2% | |||
Bausch Health Companies, Inc. 5.5% 11/1/25 (j) | 235,000 | 241,110 | |
Tenet Healthcare Corp. 4.625% 7/15/24 | 250,000 | 253,675 | |
TOTAL HEALTHCARE | 494,785 | ||
Hotels - 0.1% | |||
Marriott Ownership Resorts, Inc. 6.125% 9/15/25 (j) | 265,000 | 281,814 | |
Leisure - 0.1% | |||
Royal Caribbean Cruises Ltd.: | |||
9.125% 6/15/23 (j) | 40,000 | 43,900 | |
10.875% 6/1/23 (j) | 190,000 | 216,363 | |
TOTAL LEISURE | 260,263 | ||
Paper - 0.0% | |||
Ardagh Metal Packaging Finance U.S.A. LLC/Ardagh Metal Packaging Finance PLC 3.25% 9/1/28 (j) | 135,000 | 134,609 | |
Services - 0.2% | |||
Adtalem Global Education, Inc. 5.5% 3/1/28 (j) | 165,000 | 167,566 | |
Aramark Services, Inc. 6.375% 5/1/25 (j) | 90,000 | 95,625 | |
Sotheby's 7.375% 10/15/27 (j) | 200,000 | 215,750 | |
TOTAL SERVICES | 478,941 | ||
Super Retail - 0.1% | |||
EG Global Finance PLC: | |||
6.75% 2/7/25 (j) | 125,000 | 129,246 | |
8.5% 10/30/25 (j) | 260,000 | 274,950 | |
TOTAL SUPER RETAIL | 404,196 | ||
Technology - 0.2% | |||
CommScope, Inc.: | |||
5.5% 3/1/24 (j) | 150,000 | 154,313 | |
6% 3/1/26 (j) | 150,000 | 158,355 | |
SSL Robotics LLC 9.75% 12/31/23 (j) | 103,000 | 113,664 | |
TOTAL TECHNOLOGY | 426,332 | ||
Telecommunications - 0.6% | |||
Altice Financing SA 7.5% 5/15/26 (j) | 900,000 | 937,170 | |
Altice France SA: | |||
5.125% 1/15/29 (j) | 25,000 | 25,125 | |
7.375% 5/1/26 (j) | 393,000 | 408,692 | |
Frontier Communications Holdings LLC 5% 5/1/28 (j) | 160,000 | 165,413 | |
TOTAL TELECOMMUNICATIONS | 1,536,400 | ||
Transportation Ex Air/Rail - 0.1% | |||
Avolon Holdings Funding Ltd. 5.125% 10/1/23 (j) | 205,000 | 221,627 | |
TOTAL NONCONVERTIBLE BONDS (Cost $9,033,170) | 9,374,738 |
Common Stocks - 1.8% | |||
Shares | Value ($) | ||
Capital Goods - 0.2% | |||
TNT Crane & Rigging LLC (g) | 22,401 | 476,245 | |
TNT Crane & Rigging LLC warrants 10/31/25 (g)(k) | 3,037 | 10,022 | |
TOTAL CAPITAL GOODS | 486,267 | ||
Diversified Financial Services - 0.0% | |||
ACNR Holdings, Inc. (g) | 1,891 | 31,202 | |
Energy - 1.1% | |||
California Resources Corp. (k) | 41,879 | 1,262,233 | |
California Resources Corp. warrants 10/27/24 (k) | 920 | 7,066 | |
Chesapeake Energy Corp. | 20,902 | 1,085,232 | |
Chesapeake Energy Corp. (l) | 137 | 7,113 | |
Denbury, Inc. (k) | 9,205 | 706,760 | |
EP Energy Corp. (g) | 3,190 | 168,017 | |
TOTAL ENERGY | 3,236,421 | ||
Entertainment/Film - 0.0% | |||
Cineworld Group PLC warrants 11/23/25 (k) | 53,143 | 29,179 | |
Publishing/Printing - 0.1% | |||
Cenveo Corp. (g)(k) | 7,037 | 205,199 | |
Restaurants - 0.1% | |||
CEC Entertainment, Inc. (g) | 15,069 | 271,242 | |
Super Retail - 0.0% | |||
David's Bridal, Inc. rights (g)(k) | 156 | 0 | |
Utilities - 0.3% | |||
TexGen Power LLC (g)(k) | 25,327 | 862,131 | |
TOTAL COMMON STOCKS (Cost $4,084,876) | 5,121,641 |
Nonconvertible Preferred Stocks - 0.0% | |||
Shares | Value ($) | ||
Diversified Financial Services - 0.0% | |||
ACNR Holdings, Inc. (g) (Cost $135,375) | 1,083 | 105,051 | |
Other - 0.0% | |||
Shares | Value ($) | ||
Other - 0.0% | |||
Tribune Co. Claim (g)(k) (Cost $29,756) | 30,115 | 20,177 | |
Money Market Funds - 3.8% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 0.06% (m) (Cost $10,549,338) | 10,548,536 | 10,550,645 |
TOTAL INVESTMENT IN SECURITIES - 100.7% (Cost $282,829,816) | 282,286,106 |
NET OTHER ASSETS (LIABILITIES) - (0.7)% | (2,042,369) |
NET ASSETS - 100.0% | 280,243,737 |
Legend
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(d) | Remaining maturities of bank loan obligations may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty. |
(e) | The coupon rate will be determined upon settlement of the loan after period end. |
(f) | Position or a portion of the position represents an unfunded loan commitment. At period end, the total principal amount and market value of unfunded commitments totaled $216,166 and $215,230, respectively. |
(g) | Level 3 security |
(h) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(i) | Non-income producing - Security is in default. |
(j) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $9,121,063 or 3.3% of net assets. |
(k) | Non-income producing |
(l) | Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $7,113 or 0.0% of net assets. |
(m) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
Additional information on each restricted holding is as follows: | ||
Security | Acquisition Date | Acquisition Cost ($) |
Chesapeake Energy Corp. | 2/10/21 | 1,297 |
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | %ownership, end of period |
Fidelity Cash Central Fund 0.06% | 13,618,084 | 64,450,770 | 67,518,071 | 7,368 | 619 | (757) | 10,550,645 | 0.0% |
Total | 13,618,084 | 64,450,770 | 67,518,071 | 7,368 | 619 | (757) | 10,550,645 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 1 - quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Bank Loan Obligations and Nonconvertible Bonds are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
The Fund invests a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.