{"entity_type":"fund","name":"Franklin High Income Fund","identifiers":{"lei":"Z1846KCY9PS334NJ7L60","cik":"2768","fund_id":"S000006840","fundkey":"franklin-high-income-fund"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-09-30","filing_date":"2026-02-25"},"summary":{"total_positions":346,"total_value_usd":2843896804.7,"asset_categories":["EP","EC","DBT","STIV","LON"],"by_asset_category":{"DBT":{"positions":330,"total_value_usd":2738833835.64},"EC":{"positions":8,"total_value_usd":4632861.3},"LON":{"positions":4,"total_value_usd":21906534.72},"STIV":{"positions":1,"total_value_usd":74116307.35},"Unknown":{"positions":2,"total_value_usd":608965.69},"EP":{"positions":1,"total_value_usd":3798300}}},"holdings":[{"issuer_name":"Franklin Institutional U.S. Government Money Market Fund","title":"Franklin Institutional U.S. Government Money Market Fund","isin":"US4577565009","value_usd":74116307.35,"pct_val":2.55514953474,"balance":74116307.361,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Martin Midstream Partners LP / Martin Midstream Finance Corp.","title":"Martin Midstream Partners LP / Martin Midstream Finance Corp.","isin":"US573334AK58","value_usd":30088515,"pct_val":1.037297429568,"balance":29000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.","title":"Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.","isin":"US983133AC37","value_usd":27067574.25,"pct_val":0.933150911375,"balance":25000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Weekley Homes LLC / Weekley Finance Corp.","title":"Weekley Homes LLC / Weekley Finance Corp.","isin":"US948565AF34","value_usd":24609497.61,"pct_val":0.848409056207,"balance":24275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"EMRLD Borrower LP / Emerald Co-Issuer, Inc.","title":"EMRLD Borrower LP / Emerald Co-Issuer, Inc.","isin":"US29103CAA62","value_usd":24504908.88,"pct_val":0.844803374079,"balance":23500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Buyer Ltd. / Atlantica Sustainable Infrastructure plc","title":"California Buyer Ltd. / Atlantica Sustainable Infrastructure plc","isin":"US13005HAA86","value_usd":24176860.19,"pct_val":0.833493940466,"balance":24085000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mauser Packaging Solutions Holding Co.","title":"Mauser Packaging Solutions Holding Co.","isin":"US57763RAF47","value_usd":24125000,"pct_val":0.831706067526,"balance":25000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kedrion SpA","title":"Kedrion SpA","isin":"US49272YAB92","value_usd":23862031.27,"pct_val":0.822640256611,"balance":24200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"IT","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Smyrna Ready Mix Concrete LLC","title":"Smyrna Ready Mix Concrete LLC","isin":"US83283WAE30","value_usd":22370687.44,"pct_val":0.771226382531,"balance":20900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RR Donnelley & Sons Co.","title":"RR Donnelley & Sons Co.","isin":"US257867BJ97","value_usd":22313835.88,"pct_val":0.769266432794,"balance":21575000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Apollo Commercial Real Estate Finance, Inc.","title":"Apollo Commercial Real Estate Finance, Inc.","isin":"US03762UAD72","value_usd":22167646.55,"pct_val":0.764226575685,"balance":22900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Millrose Properties, Inc.","title":"Millrose Properties, Inc.","isin":"US601137AA09","value_usd":21475652.28,"pct_val":0.740370168097,"balance":20975000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dornoch Debt Merger Sub, Inc.","title":"Dornoch Debt Merger Sub, Inc.","isin":"US25830JAA97","value_usd":20699216.5,"pct_val":0.713602651029,"balance":23875000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rain Carbon, Inc.","title":"Rain Carbon, Inc.","isin":"US75079LAB71","value_usd":20643192.9,"pct_val":0.7116712451,"balance":19800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Northriver Midstream Finance LP","title":"Northriver Midstream Finance LP","isin":"US66679NAB64","value_usd":20497347.25,"pct_val":0.706643236311,"balance":20100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Efesto Bidco SpA Efesto US LLC","title":"Efesto Bidco SpA Efesto US LLC, Series XR","isin":"US28201XAB10","value_usd":20452399,"pct_val":0.705093651554,"balance":20200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"IT","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"FirstCash, Inc.","title":"FirstCash, Inc.","isin":"US33767DAD75","value_usd":20100017.81,"pct_val":0.69294535834,"balance":19300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"TransDigm, Inc.","title":"TransDigm, Inc.","isin":"US893647CA37","value_usd":19850969.35,"pct_val":0.684359446825,"balance":19045000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clydesdale Acquisition Holdings, Inc.","title":"Clydesdale Acquisition Holdings, Inc.","isin":"US18972EAD76","value_usd":19086919.18,"pct_val":0.658018921964,"balance":18550000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"APLD ComputeCo LLC","title":"APLD ComputeCo LLC","isin":"US00202DAA54","value_usd":18759817.09,"pct_val":0.646742122256,"balance":19110000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PHH Escrow Issuer LLC","title":"PHH Escrow Issuer LLC / PHH Corp.","isin":"US716964AA94","value_usd":18694080,"pct_val":0.64447584509,"balance":18000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Carnival Corp.","title":"Carnival Corp.","isin":"US143658BY77","value_usd":18681014.55,"pct_val":0.644025415493,"balance":18150000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"PA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"IQVIA, Inc.","title":"IQVIA, Inc.","isin":"US46266TAG31","value_usd":18621792.89,"pct_val":0.641983756884,"balance":17800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Opal Bidco SAS","title":"Opal Bidco SAS","isin":"US68348BAA17","value_usd":18141062.05,"pct_val":0.625410627081,"balance":17700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","title":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","isin":"US01883LAF04","value_usd":17544995.6,"pct_val":0.604861317937,"balance":16900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"McGraw-Hill Education, Inc.","title":"McGraw-Hill Education, Inc.","isin":"US58064LAA26","value_usd":16470823.2,"pct_val":0.567829371713,"balance":15600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"DaVita, Inc.","title":"DaVita, Inc.","isin":"US23918KAS78","value_usd":16250185.5,"pct_val":0.560222917254,"balance":16700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Zegona Finance plc","title":"Zegona Finance plc","isin":"US98927UAA51","value_usd":16152618.57,"pct_val":0.556859310719,"balance":15185000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Banijay Entertainment SAS","title":"Banijay Entertainment SAS","isin":"US060335AB23","value_usd":15948582.3,"pct_val":0.549825188283,"balance":15300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Grand Canyon University","title":"Grand Canyon University","isin":"US38528UAE64","value_usd":15948433.13,"pct_val":0.549820045668,"balance":16035000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sinclair Television Group, Inc.","title":"Sinclair Television Group, Inc.","isin":"US829259BH26","value_usd":15781312,"pct_val":0.544058567623,"balance":15100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Constellium SE","title":"Constellium SE","isin":"US21039CAB00","value_usd":15462846.4,"pct_val":0.533079509724,"balance":16000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Crescent Energy Finance LLC","title":"Crescent Energy Finance LLC","isin":"US45344LAG86","value_usd":15366467,"pct_val":0.529756843122,"balance":15460000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"NRG Energy, Inc.","title":"NRG Energy, Inc.","isin":"US629377CY66","value_usd":15301602.52,"pct_val":0.527520649067,"balance":15300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Calumet Specialty Products Partners LP / Calumet Finance Corp.","title":"Calumet Specialty Products Partners LP / Calumet Finance Corp.","isin":"US131477AX99","value_usd":15109233.3,"pct_val":0.520888746581,"balance":14700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"EW Scripps Co. (The)","title":"EW Scripps Co. (The)","isin":"US811054AH89","value_usd":14992023.15,"pct_val":0.516847942729,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tenet Healthcare Corp.","title":"Tenet Healthcare Corp.","isin":"US88033GDQ01","value_usd":14958333.79,"pct_val":0.515686506662,"balance":14600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Connect Finco SARL / Connect US Finco LLC","title":"Connect Finco SARL / Connect US Finco LLC","isin":"US20752TAB08","value_usd":14867848.94,"pct_val":0.512567053863,"balance":14000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PROG Holdings, Inc.","title":"PROG Holdings, Inc.","isin":"US74319RAA95","value_usd":14864700,"pct_val":0.512458494588,"balance":15000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MPH Acquisition Holdings LLC","title":"MPH Acquisition Holdings LLC","isin":"US553283AE26","value_usd":14862200.57,"pct_val":0.512372327082,"balance":17206799,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"LGI Homes, Inc.","title":"LGI Homes, Inc.","isin":"US50187TAH95","value_usd":14820440.6,"pct_val":0.510932657841,"balance":14200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Calderys Financing LLC","title":"Calderys Financing LLC","isin":"US128786AA80","value_usd":14564428.9,"pct_val":0.502106689582,"balance":13700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Allwyn Entertainment Financing UK plc","title":"Allwyn Entertainment Financing UK plc","isin":"US02007VAA89","value_usd":14489725.28,"pct_val":0.499531292524,"balance":13914000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beach Acquisition Bidco LLC","title":"Beach Acquisition Bidco LLC","isin":"US07337JAC18","value_usd":14360229,"pct_val":0.495066926025,"balance":13000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Global Net Lease, Inc.","title":"Global Net Lease, Inc.","isin":"US02608AAA79","value_usd":14264717.2,"pct_val":0.491774169814,"balance":14500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jane Street Group / JSG Finance, Inc.","title":"Jane Street Group / JSG Finance, Inc.","isin":"US47077WAD02","value_usd":14051574,"pct_val":0.484426087216,"balance":13800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Carnival Corp.","title":"Carnival Corp.","isin":"US143658CA82","value_usd":13974421.33,"pct_val":0.481766259495,"balance":13600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"PA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Great Canadian Gaming Corp.","title":"Great Canadian Gaming Corp. / Raptor LLC","isin":"US389925AA64","value_usd":13848294.83,"pct_val":0.477418065699,"balance":13700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"QXO Building Products, Inc.","title":"QXO Building Products, Inc.","isin":"US74825NAA54","value_usd":13796886.58,"pct_val":0.475645773328,"balance":13200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Watco Cos. LLC / Watco Finance Corp.","title":"Watco Cos. LLC / Watco Finance Corp.","isin":"US941130AD86","value_usd":13643228.34,"pct_val":0.47034842657,"balance":13020000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"VZ Secured Financing BV","title":"VZ Secured Financing BV","isin":"US91845AAB17","value_usd":13598515.1,"pct_val":0.468806943751,"balance":13410000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Toucan FinCo Ltd. / Toucan FinCo Can, Inc. / Toucan FinCo US LLC","title":"Toucan FinCo Ltd. / Toucan FinCo Can, Inc. / Toucan FinCo US LLC","isin":"US89157UAA51","value_usd":13393789.1,"pct_val":0.461749042969,"balance":13400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Freedom Mortgage Holdings LLC","title":"Freedom Mortgage Holdings LLC","isin":"US35641AAC27","value_usd":13378685.59,"pct_val":0.461228351532,"balance":12700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jane Street Group / JSG Finance, Inc.","title":"Jane Street Group / JSG Finance, Inc.","isin":"US47077WAE84","value_usd":13264595.65,"pct_val":0.457295116492,"balance":12700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global LNG, Inc.","title":"Venture Global LNG, Inc.","isin":"US92332YAA91","value_usd":13073422.31,"pct_val":0.450704441805,"balance":12900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Global Net Lease, Inc. / Global Net Lease Operating Partnership LP","title":"Global Net Lease, Inc. / Global Net Lease Operating Partnership LP","isin":"US37892AAA88","value_usd":13019241.18,"pct_val":0.448836554776,"balance":13360000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iron Mountain, Inc.","title":"Iron Mountain, Inc.","isin":"US46284VAP67","value_usd":12950922.6,"pct_val":0.446481281097,"balance":12600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wayfair LLC","title":"Wayfair LLC","isin":"US94419NAB38","value_usd":12826932,"pct_val":0.442206722161,"balance":12000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kodiak Gas Services LLC","title":"Kodiak Gas Services LLC","isin":"US50012LAC81","value_usd":12803648.1,"pct_val":0.441404012901,"balance":12300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC","title":"Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC","isin":"US60832QAA85","value_usd":12801887,"pct_val":0.44134329922,"balance":12250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wrangler Holdco Corp.","title":"Wrangler Holdco Corp.","isin":"US37441QAA94","value_usd":12714353.3,"pct_val":0.438325586913,"balance":12100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.","title":"Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.","isin":"US31556TAC36","value_usd":12559798.68,"pct_val":0.432997337577,"balance":13200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jefferson Capital Holdings LLC","title":"Jefferson Capital Holdings LLC","isin":"US472481AA80","value_usd":12509750,"pct_val":0.431271916196,"balance":12500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transocean International Ltd.","title":"Transocean International Ltd.","isin":"US893830BX61","value_usd":12387847.8,"pct_val":0.427069354563,"balance":11850000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"NRG Energy, Inc.","title":"NRG Energy, Inc.","isin":"US629377DD11","value_usd":12226046.42,"pct_val":0.42149127417,"balance":12060000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"M/I Homes, Inc.","title":"M/I Homes, Inc.","isin":"US55305BAV36","value_usd":12182361.66,"pct_val":0.419985248058,"balance":12600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CrossCountry Intermediate HoldCo LLC","title":"CrossCountry Intermediate HoldCo LLC","isin":"US22757VAB62","value_usd":12172847.04,"pct_val":0.419657232838,"balance":11920000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"EquipmentShare.com, Inc.","title":"EquipmentShare.com, Inc.","isin":"US29450YAA73","value_usd":11886924.18,"pct_val":0.409800081439,"balance":11425000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MPT Operating Partnership LP / MPT Finance Corp.","title":"MPT Operating Partnership LP / MPT Finance Corp.","isin":"US55342UAM62","value_usd":11792176.18,"pct_val":0.406533657129,"balance":16200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Forestar Group, Inc.","title":"Forestar Group, Inc.","isin":"US346232AG66","value_usd":11747911.7,"pct_val":0.405007645249,"balance":11510000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Solstice Advanced Materials, Inc.","title":"Solstice Advanced Materials, Inc.","isin":"US83443QAA13","value_usd":11739485.87,"pct_val":0.404717165915,"balance":11630000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clear Channel Outdoor Holdings, Inc.","title":"Clear Channel Outdoor Holdings, Inc.","isin":"US18453HAF38","value_usd":11631378,"pct_val":0.400990161918,"balance":11000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vertiv Group Corp.","title":"Vertiv Group Corp.","isin":"US92535UAB08","value_usd":11563108.83,"pct_val":0.398636591642,"balance":11700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ESAB Corp.","title":"ESAB Corp.","isin":"US29605JAA43","value_usd":11530030.4,"pct_val":0.397496217303,"balance":11200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"AthenaHealth Group, Inc.","title":"AthenaHealth Group, Inc., First Lien, Initial CME Term Loan","isin":"US04686RAB96","value_usd":11336427.43,"pct_val":0.390821781454,"balance":11301111.4523,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iliad Holding SAS","title":"Iliad Holding SAS","isin":"US449691AG96","value_usd":11299337.85,"pct_val":0.389543123269,"balance":10950000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"EquipmentShare.com, Inc.","title":"EquipmentShare.com, Inc.","isin":"US29450YAB56","value_usd":11289047.46,"pct_val":0.389188363484,"balance":10675000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jefferson Capital Holdings LLC","title":"Jefferson Capital Holdings LLC","isin":"US472481AB63","value_usd":11287141.1,"pct_val":0.389122641985,"balance":10700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Talen Energy Supply LLC","title":"Talen Energy Supply LLC","isin":"US87422VAM00","value_usd":11239528.66,"pct_val":0.387481209643,"balance":11015000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nissan Motor Co. Ltd.","title":"Nissan Motor Co. Ltd.","isin":"US654922AD53","value_usd":11204207.96,"pct_val":0.386263533353,"balance":10535000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Fortress Intermediate 3, Inc.","title":"Fortress Intermediate 3, Inc.","isin":"US34966MAA09","value_usd":11178183,"pct_val":0.385366326425,"balance":10700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"First Student Bidco, Inc. / First Transit Parent, Inc.","title":"First Student Bidco, Inc. / First Transit Parent, Inc.","isin":"US337120AA74","value_usd":11120065.02,"pct_val":0.383362717032,"balance":11400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Weatherford International Ltd.","title":"Weatherford International Ltd.","isin":"US947075AW79","value_usd":11004655.08,"pct_val":0.379383975173,"balance":10740000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSC Holdings LLC","title":"CSC Holdings LLC","isin":"US126307BM89","value_usd":10911917.11,"pct_val":0.376186846372,"balance":13700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cleveland-Cliffs, Inc.","title":"Cleveland-Cliffs, Inc.","isin":"US18589GAA31","value_usd":10834342.65,"pct_val":0.373512477498,"balance":10360000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"WULF Compute LLC","title":"WULF Compute LLC","isin":"US982911AA70","value_usd":10820433.47,"pct_val":0.373032960425,"balance":10495000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CCO Holdings LLC / CCO Holdings Capital Corp.","title":"CCO Holdings LLC / CCO Holdings Capital Corp.","isin":"US1248EPCB75","value_usd":10784457.93,"pct_val":0.371792708615,"balance":10900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"XPO, Inc.","title":"XPO, Inc.","isin":"US983793AK61","value_usd":10660226.8,"pct_val":0.36750985744,"balance":10100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Viking Cruises Ltd.","title":"Viking Cruises Ltd.","isin":"US92676XAH08","value_usd":10652267.21,"pct_val":0.367235451666,"balance":10485000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Teva Pharmaceutical Finance Netherlands III BV","title":"Teva Pharmaceutical Finance Netherlands III BV","isin":"US88167AAP66","value_usd":10640333,"pct_val":0.366824021413,"balance":10600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Asurion LLC and Asurion Co-Issuer, Inc.","title":"Asurion LLC and Asurion Co-Issuer, Inc.","isin":"US045941AA96","value_usd":10630414.54,"pct_val":0.366482083864,"balance":10240000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"GGAM Finance Ltd.","title":"GGAM Finance Ltd.","isin":"US36170JAA43","value_usd":10596790,"pct_val":0.365322882458,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iliad Holding SAS","title":"Iliad Holding SAS","isin":"US449691AC82","value_usd":10538309.6,"pct_val":0.363306778685,"balance":10400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bausch + Lomb Corp.","title":"Bausch + Lomb Corp.","isin":"US071705AA56","value_usd":10450000,"pct_val":0.360262317332,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International US LLC","title":"Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International US LLC","isin":"US22207AAA07","value_usd":10386526.9,"pct_val":0.358074090912,"balance":10100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Medline Borrower LP","title":"Medline Borrower LP","isin":"US62482BAB80","value_usd":10361758.8,"pct_val":0.35722021406,"balance":10300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp.","isin":"US92735LAA08","value_usd":10361277.58,"pct_val":0.357203624066,"balance":10300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Standard Building Solutions, Inc.","title":"Standard Building Solutions, Inc.","isin":"US853191AA25","value_usd":10302460,"pct_val":0.355175896059,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Seagate Data Storage Technology Pte. Ltd.","title":"Seagate Data Storage Technology Pte. Ltd.","isin":"US81180LAA35","value_usd":10114736.8,"pct_val":0.348704164476,"balance":9800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"OneMain Finance Corp.","title":"OneMain Finance Corp.","isin":"US85172FAR01","value_usd":10112281.6,"pct_val":0.348619521792,"balance":10100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Viking Cruises Ltd.","title":"Viking Cruises Ltd.","isin":"US92676XAF42","value_usd":9992763,"pct_val":0.344499134443,"balance":9900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Genmab A/S / Genmab Finance LLC","title":"Genmab A/S / Genmab Finance LLC","isin":"US37230JAA07","value_usd":9988774.6,"pct_val":0.3443616349,"balance":9740000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"DK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"WESCO Distribution, Inc.","title":"WESCO Distribution, Inc.","isin":"US95081QAS30","value_usd":9976971.24,"pct_val":0.343954715682,"balance":9550000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PRA Group, Inc.","title":"PRA Group, Inc.","isin":"US69354NAF33","value_usd":9971616,"pct_val":0.343770094517,"balance":9600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"NCL Corp. Ltd.","title":"NCL Corp. Ltd.","isin":"US62886HBR12","value_usd":9938012.3,"pct_val":0.342611611567,"balance":9700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clear Channel Outdoor Holdings, Inc.","title":"Clear Channel Outdoor Holdings, Inc.","isin":"US18453HAH93","value_usd":9936939,"pct_val":0.342574609696,"balance":9400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hess Midstream Operations LP","title":"Hess Midstream Operations LP","isin":"US428102AH01","value_usd":9917076.3,"pct_val":0.341889845837,"balance":9700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Encore Capital Group, Inc.","title":"Encore Capital Group, Inc.","isin":"US292554AR36","value_usd":9900819.2,"pct_val":0.341329384543,"balance":9200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CCO Holdings LLC / CCO Holdings Capital Corp.","title":"CCO Holdings LLC / CCO Holdings Capital Corp.","isin":"US1248EPCE15","value_usd":9892804.43,"pct_val":0.341053076446,"balance":10500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Grifols SA","title":"Grifols SA","isin":"US39843UAA07","value_usd":9883398,"pct_val":0.340728791062,"balance":10000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"ES","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global LNG, Inc.","title":"Venture Global LNG, Inc.","isin":"US92332YAB74","value_usd":9751057.82,"pct_val":0.3361663815,"balance":9800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nabors Industries, Inc.","title":"Nabors Industries, Inc.","isin":"US62957HAQ83","value_usd":9610692.89,"pct_val":0.331327319782,"balance":9900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC","title":"Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC","isin":"US60672JAA79","value_usd":9540084.34,"pct_val":0.328893099701,"balance":9300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Warnermedia Holdings, Inc.","title":"Warnermedia Holdings, Inc.","isin":"US55903VBY83","value_usd":9539185.76,"pct_val":0.328862121278,"balance":9805000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PRA Group, Inc.","title":"PRA Group, Inc.","isin":"US69354NAE67","value_usd":9537252.3,"pct_val":0.32879546551,"balance":9300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hess Midstream Operations LP","title":"Hess Midstream Operations LP","isin":"US428102AG28","value_usd":9432013.5,"pct_val":0.325167372308,"balance":9100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cogent Communications Group LLC / Cogent Finance, Inc.","title":"Cogent Communications Group LLC / Cogent Finance, Inc.","isin":"US19240WAA71","value_usd":9427368.1,"pct_val":0.32500722278,"balance":9400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ATI, Inc.","title":"ATI, Inc.","isin":"US01741RAN26","value_usd":9407896.3,"pct_val":0.324335935144,"balance":8900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Viasat, Inc.","title":"Viasat, Inc.","isin":"US92552VAR15","value_usd":9330050.9,"pct_val":0.321652225652,"balance":9800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"KB Home","title":"KB Home","isin":"US48666KBA60","value_usd":9308430,"pct_val":0.320906848088,"balance":9000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transocean International Ltd.","title":"Transocean International Ltd.","isin":"US893830AT68","value_usd":9295193.88,"pct_val":0.320450534666,"balance":10800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kinetik Holdings LP","title":"Kinetik Holdings LP","isin":"US49461MAA80","value_usd":9288041.06,"pct_val":0.320203942177,"balance":9200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vistra Operations Co. LLC","title":"Vistra Operations Co. LLC","isin":"US92840VAP76","value_usd":9218930.47,"pct_val":0.317821364062,"balance":8700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"StoneX Group, Inc.","title":"StoneX Group, Inc.","isin":"US861896AA67","value_usd":9170180,"pct_val":0.316140698292,"balance":8600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vistra Operations Co. LLC","title":"Vistra Operations Co. LLC","isin":"US92840VAR33","value_usd":9168845.09,"pct_val":0.316094677453,"balance":8700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jaguar Land Rover Automotive plc","title":"Jaguar Land Rover Automotive plc","isin":"US47010BAM63","value_usd":9149836.33,"pct_val":0.315439353058,"balance":9145000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"TTM Technologies, Inc.","title":"TTM Technologies, Inc.","isin":"US87305RAK59","value_usd":9118431.26,"pct_val":0.314356667575,"balance":9300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Coronado Finance Pty. Ltd.","title":"Coronado Finance Pty. Ltd.","isin":"US21979LAB27","value_usd":9089213.45,"pct_val":0.313349387581,"balance":9800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Genmab A/S / Genmab Finance LLC","title":"Genmab A/S / Genmab Finance LLC","isin":"US37230JAB89","value_usd":8977690.97,"pct_val":0.309504665372,"balance":8540000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"DK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PetSmart LLC / PetSmart Finance Corp.","title":"PetSmart LLC / PetSmart Finance Corp.","isin":"US71677KAC27","value_usd":8874526.67,"pct_val":0.305948090274,"balance":8710000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"VM Consolidated, Inc.","title":"VM Consolidated, Inc.","isin":"US91835HAA05","value_usd":8811704,"pct_val":0.303782287338,"balance":8800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Novelis Corp.","title":"Novelis Corp.","isin":"US670001AN69","value_usd":8801404.38,"pct_val":0.303427209351,"balance":8675000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"NCL Corp. Ltd.","title":"NCL Corp. Ltd.","isin":"US62886HBZ38","value_usd":8780429.34,"pct_val":0.302704097722,"balance":8780000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cogent Communications Group LLC / Cogent Finance, Inc.","title":"Cogent Communications Group LLC / Cogent Finance, Inc.","isin":"US19240WAB54","value_usd":8709054.66,"pct_val":0.300243465415,"balance":9300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clear Channel Outdoor Holdings, Inc.","title":"Clear Channel Outdoor Holdings, Inc.","isin":"US18453HAD89","value_usd":8646549.81,"pct_val":0.29808861928,"balance":8700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rocket Cos., Inc.","title":"Rocket Cos., Inc.","isin":"US77311WAB72","value_usd":8611919.25,"pct_val":0.296894735472,"balance":8250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Millrose Properties, Inc.","title":"Millrose Properties, Inc.","isin":"US601137AB81","value_usd":8608190.27,"pct_val":0.296766179398,"balance":8525000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commercial Metals Co.","title":"Commercial Metals Co.","isin":"US201723AV52","value_usd":8534122.44,"pct_val":0.294212701113,"balance":8320000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Starwood Property Trust, Inc.","title":"Starwood Property Trust, Inc.","isin":"US85571BBG95","value_usd":8460310.22,"pct_val":0.291668034948,"balance":8360000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hillenbrand, Inc.","title":"Hillenbrand, Inc.","isin":"US431571AF58","value_usd":8393528.2,"pct_val":0.289365733964,"balance":8200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Standard Building Solutions, Inc.","title":"Standard Building Solutions, Inc.","isin":"US853191AC80","value_usd":8386346.25,"pct_val":0.289118137222,"balance":8205000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBN93","value_usd":8359078.5,"pct_val":0.288178085279,"balance":7650000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RHP Hotel Properties LP / RHP Finance Corp.","title":"RHP Hotel Properties LP / RHP Finance Corp.","isin":"US749571AK15","value_usd":8302163.2,"pct_val":0.286215938115,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MPT Operating Partnership LP / MPT Finance Corp.","title":"MPT Operating Partnership LP / MPT Finance Corp.","isin":"US55342UAQ76","value_usd":8282257.83,"pct_val":0.285529703213,"balance":7750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"McAfee Corp.","title":"McAfee Corp.","isin":"US579063AB46","value_usd":8207540.16,"pct_val":0.282953821783,"balance":9400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CrossCountry Intermediate HoldCo LLC","title":"CrossCountry Intermediate HoldCo LLC","isin":"US22757VAA89","value_usd":8175074.23,"pct_val":0.281834563298,"balance":8005000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CACI International, Inc.","title":"CACI International, Inc.","isin":"US127190AE62","value_usd":8132040.14,"pct_val":0.280350968945,"balance":7850000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AD85","value_usd":8121225.69,"pct_val":0.279978142264,"balance":7925000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CCO Holdings LLC / CCO Holdings Capital Corp.","title":"CCO Holdings LLC / CCO Holdings Capital Corp.","isin":"US1248EPCS01","value_usd":8114006.48,"pct_val":0.279729260989,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clearway Energy Operating LLC","title":"Clearway Energy Operating LLC","isin":"US18539UAE55","value_usd":8041232.32,"pct_val":0.2772203818,"balance":8800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cerdia Finanz GmbH","title":"Cerdia Finanz GmbH","isin":"US15679GAC69","value_usd":8037847.5,"pct_val":0.277103690594,"balance":7738000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"DaVita, Inc.","title":"DaVita, Inc.","isin":"US23918KAW80","value_usd":8020058.2,"pct_val":0.276490406916,"balance":7700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wayfair LLC","title":"Wayfair LLC","isin":"US94419NAC11","value_usd":7878908.75,"pct_val":0.271624298978,"balance":7655000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iron Mountain, Inc.","title":"Iron Mountain, Inc.","isin":"US46284VAQ41","value_usd":7870330.26,"pct_val":0.271328556711,"balance":7800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kinetik Holdings LP","title":"Kinetik Holdings LP","isin":"US49461MAB63","value_usd":7830219.2,"pct_val":0.269945733417,"balance":7600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Outfront Media Capital LLC / Outfront Media Capital Corp.","title":"Outfront Media Capital LLC / Outfront Media Capital Corp.","isin":"US69007TAE47","value_usd":7824461.6,"pct_val":0.269747240946,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Carnival Corp.","title":"Carnival Corp.","isin":"US143658BX94","value_usd":7748361.98,"pct_val":0.26712371698,"balance":7500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"PA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ashton Woods USA LLC / Ashton Woods Finance Co.","title":"Ashton Woods USA LLC / Ashton Woods Finance Co.","isin":"US045086AP03","value_usd":7676989.6,"pct_val":0.264663163964,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gray Media, Inc.","title":"Gray Media, Inc.","isin":"US389375AN64","value_usd":7612376.3,"pct_val":0.262435629305,"balance":7330000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Magnera Corp.","title":"Magnera Corp.","isin":"US377320AA45","value_usd":7591277.92,"pct_val":0.261708265547,"balance":8200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"US Foods, Inc.","title":"US Foods, Inc.","isin":"US90290MAH43","value_usd":7577094.31,"pct_val":0.261219287537,"balance":7200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Novelis Corp.","title":"Novelis Corp.","isin":"US670001AE60","value_usd":7443554.73,"pct_val":0.256615528825,"balance":7700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Calumet Specialty Products Partners LP / Calumet Finance Corp.","title":"Calumet Specialty Products Partners LP / Calumet Finance Corp.","isin":"US131477AV34","value_usd":7411174,"pct_val":0.255499207597,"balance":7400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Directv Financing LLC","title":"Directv Financing LLC","isin":"US254945AA66","value_usd":7385090.91,"pct_val":0.254599996645,"balance":7290000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Teva Pharmaceutical Finance Netherlands III BV","title":"Teva Pharmaceutical Finance Netherlands III BV","isin":"US88167AAR23","value_usd":7377216.58,"pct_val":0.254328530198,"balance":6400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cipher Compute LLC","title":"Cipher Compute LLC","isin":"US17253NAA54","value_usd":7352274.28,"pct_val":0.253468647825,"balance":7210000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Talen Energy Supply LLC","title":"Talen Energy Supply LLC","isin":"US87422VAN82","value_usd":7258523.27,"pct_val":0.250236594608,"balance":7015000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Royal Caribbean Cruises Ltd.","title":"Royal Caribbean Cruises Ltd.","isin":"US780153BU54","value_usd":7245795.69,"pct_val":0.249797813033,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Acrisure LLC / Acrisure Finance, Inc.","title":"Acrisure LLC / Acrisure Finance, Inc.","isin":"US00489LAL71","value_usd":7213731.96,"pct_val":0.248692420337,"balance":6900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Maricopa County Industrial Development Authority","title":"Maricopa County Industrial Development Authority, Series 2024","isin":"US56681NJD03","value_usd":7152083.53,"pct_val":0.246567099164,"balance":6815000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"MUN","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vibrantz Technologies, Inc.","title":"Vibrantz Technologies, Inc., First Lien, Initial CME Term Loan","isin":"US69346EAG26","value_usd":7119477.96,"pct_val":0.245443026609,"balance":12707000,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vital Energy, Inc.","title":"Vital Energy, Inc.","isin":"US516806AK23","value_usd":6901747.72,"pct_val":0.237936806435,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"VICI Properties LP / VICI Note Co., Inc.","title":"VICI Properties LP / VICI Note Co., Inc.","isin":"US92564RAL96","value_usd":6873401.15,"pct_val":0.236959562321,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gray Media, Inc.","title":"Gray Media, Inc.","isin":"US389375AP13","value_usd":6845161.02,"pct_val":0.23598598771,"balance":6695000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Station Casinos LLC","title":"Station Casinos LLC","isin":"US857691AG41","value_usd":6747828.29,"pct_val":0.232630455188,"balance":6800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"OneMain Finance Corp.","title":"OneMain Finance Corp.","isin":"US682691AG50","value_usd":6685297.54,"pct_val":0.230474716154,"balance":6400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"GPD Cos., Inc.","title":"GPD Cos., Inc.","isin":"US36260VAB62","value_usd":6624531.81,"pct_val":0.228379825943,"balance":12865660,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rocket Software, Inc.","title":"Rocket Software, Inc.","isin":"US77314EAA64","value_usd":6597206.59,"pct_val":0.22743779273,"balance":6700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clearway Energy Operating LLC","title":"Clearway Energy Operating LLC","isin":"US18539UAD72","value_usd":6564056.8,"pct_val":0.226294958265,"balance":7000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Freedom Mortgage Holdings LLC","title":"Freedom Mortgage Holdings LLC","isin":"US35641AAD00","value_usd":6461501.96,"pct_val":0.222759394216,"balance":6235000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RHP Hotel Properties LP / RHP Finance Corp.","title":"RHP Hotel Properties LP / RHP Finance Corp.","isin":"US749571AG03","value_usd":6440790.27,"pct_val":0.222045361542,"balance":6500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Forvia SE","title":"Forvia SE","isin":"US31209DAC92","value_usd":6426476.76,"pct_val":0.221551905247,"balance":6220000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Virgin Media Secured Finance plc","title":"Virgin Media Secured Finance plc","isin":"US92769XAR61","value_usd":6412516.38,"pct_val":0.221070623061,"balance":6900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cleveland-Cliffs, Inc.","title":"Cleveland-Cliffs, Inc.","isin":"US185899AP61","value_usd":6388409.18,"pct_val":0.220239530646,"balance":6225000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Prime Security Services Borrower LLC / Prime Finance, Inc.","title":"Prime Security Services Borrower LLC / Prime Finance, Inc.","isin":"US74166MAF32","value_usd":6374975.65,"pct_val":0.219776411541,"balance":6495000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Novelis Corp.","title":"Novelis Corp.","isin":"US670001AL04","value_usd":6336930.1,"pct_val":0.218464796421,"balance":6100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Adient Global Holdings Ltd.","title":"Adient Global Holdings Ltd.","isin":"US00687YAC93","value_usd":6312530.04,"pct_val":0.217623607697,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Iron Mountain, Inc.","title":"Iron Mountain, Inc.","isin":"US46284VAL53","value_usd":6304527.94,"pct_val":0.217347736397,"balance":6400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"White Cap Supply Holdings LLC","title":"White Cap Supply Holdings LLC","isin":"US96467GAC24","value_usd":6224388.78,"pct_val":0.214584949843,"balance":5995000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBQ25","value_usd":6204313.86,"pct_val":0.213892869728,"balance":5900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Dream Finders Homes, Inc.","title":"Dream Finders Homes, Inc.","isin":"US26154DAA81","value_usd":6197838,"pct_val":0.213669615342,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RHP Hotel Properties LP / RHP Finance Corp.","title":"RHP Hotel Properties LP / RHP Finance Corp.","isin":"US749571AJ42","value_usd":6191166,"pct_val":0.213439599057,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ZF North America Capital, Inc.","title":"ZF North America Capital, Inc.","isin":"US98877DAG07","value_usd":6165685.89,"pct_val":0.212561175758,"balance":6300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Greystar Real Estate Partners LLC","title":"Greystar Real Estate Partners LLC","isin":"US39807UAD81","value_usd":6117869,"pct_val":0.210912695031,"balance":5800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBM11","value_usd":6116452.55,"pct_val":0.210863863111,"balance":6500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Oceaneering International, Inc.","title":"Oceaneering International, Inc.","isin":"US675232AD46","value_usd":6090336,"pct_val":0.20996349863,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jane Street Group / JSG Finance, Inc.","title":"Jane Street Group / JSG Finance, Inc.","isin":"US47077WAA62","value_usd":6033114.72,"pct_val":0.207990802847,"balance":6100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBH26","value_usd":6021660.6,"pct_val":0.207595923631,"balance":6000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clarios Global LP / Clarios US Finance Co.","title":"Clarios Global LP / Clarios US Finance Co.","isin":"US18060TAE55","value_usd":6002443.69,"pct_val":0.206933423293,"balance":5785000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Newell Brands, Inc.","title":"Newell Brands, Inc.","isin":"US651229BG06","value_usd":5984133.6,"pct_val":0.206302185451,"balance":5700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Crescent Energy Finance LLC","title":"Crescent Energy Finance LLC","isin":"US45344LAE39","value_usd":5887593.28,"pct_val":0.202973971154,"balance":6200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"OneMain Finance Corp.","title":"OneMain Finance Corp.","isin":"US682691AM29","value_usd":5845027.65,"pct_val":0.201506526895,"balance":5775000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Quikrete Holdings, Inc.","title":"Quikrete Holdings, Inc.","isin":"US74843PAA84","value_usd":5728442.5,"pct_val":0.197487269833,"balance":5500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"American Axle & Manufacturing, Inc.","title":"American Axle & Manufacturing, Inc.","isin":"US02406PBC32","value_usd":5716189.45,"pct_val":0.197064847614,"balance":5610000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Mineral Resources Ltd.","title":"Mineral Resources Ltd.","isin":"US603051AF02","value_usd":5709061.92,"pct_val":0.196819126994,"balance":5470000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Royal Caribbean Cruises Ltd.","title":"Royal Caribbean Cruises Ltd.","isin":"US780153BV38","value_usd":5653151.08,"pct_val":0.19489160845,"balance":5500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Altice France SA","title":"Altice France SA","isin":"US02090DAB47","value_usd":5607195.54,"pct_val":0.193307297509,"balance":5775750,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tenet Healthcare Corp.","title":"Tenet Healthcare Corp.","isin":"US88033GDV95","value_usd":5604391.36,"pct_val":0.193210623788,"balance":5440000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Calcasieu Pass LLC","title":"Venture Global Calcasieu Pass LLC","isin":"US92328MAA18","value_usd":5535328.08,"pct_val":0.190829676679,"balance":5900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Stonex Escrow Issuer LLC","title":"Stonex Escrow Issuer LLC","isin":"US86189AAA79","value_usd":5490580.93,"pct_val":0.189287024817,"balance":5290000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"United Airlines, Inc.","title":"United Airlines, Inc.","isin":"US90932LAH06","value_usd":5480021.8,"pct_val":0.188923000258,"balance":5500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBL38","value_usd":5454574.64,"pct_val":0.188045712906,"balance":6800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Concentra Health Services, Inc.","title":"Concentra Health Services, Inc.","isin":"US20600DAA19","value_usd":5444680.8,"pct_val":0.187704624128,"balance":5200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Outfront Media Capital LLC / Outfront Media Capital Corp.","title":"Outfront Media Capital LLC / Outfront Media Capital Corp.","isin":"US69007TAC80","value_usd":5436721.27,"pct_val":0.187430220423,"balance":5555000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Univision Communications, Inc.","title":"Univision Communications, Inc.","isin":"US914906BA95","value_usd":5426038.76,"pct_val":0.187061942355,"balance":5045000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Advancion Sciences, Inc.","title":"Advancion Sciences, Inc.","isin":"US499894AA19","value_usd":5368039.81,"pct_val":0.185062436505,"balance":6126151,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Avient Corp.","title":"Avient Corp.","isin":"US05368VAB27","value_usd":5348028.4,"pct_val":0.184372545889,"balance":5200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Arcosa, Inc.","title":"Arcosa, Inc.","isin":"US039653AA89","value_usd":5320082.7,"pct_val":0.183409121713,"balance":5400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"OneSky Flight LLC","title":"OneSky Flight LLC","isin":"US68278CAA36","value_usd":5300732.94,"pct_val":0.182742041389,"balance":4950000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.","title":"Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.","isin":"US76884GAA31","value_usd":5274492.84,"pct_val":0.181837417539,"balance":5165000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Taylor Morrison Communities, Inc.","title":"Taylor Morrison Communities, Inc.","isin":"US87724RAK86","value_usd":5266005.03,"pct_val":0.181544801453,"balance":5115000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Fortescue Treasury Pty. Ltd.","title":"Fortescue Treasury Pty. Ltd.","isin":"US30251GBC06","value_usd":5146983.18,"pct_val":0.177441539492,"balance":5317000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Beacon Mobility Corp.","title":"Beacon Mobility Corp.","isin":"US073644AA49","value_usd":5080665.5,"pct_val":0.175155246566,"balance":4855000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Froneri Lux FinCo SARL","title":"Froneri Lux FinCo SARL","isin":"US35901MAA53","value_usd":5047257.8,"pct_val":0.174003520689,"balance":4975000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp.","isin":"US165167DG90","value_usd":5000571.05,"pct_val":0.172394001383,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gates Corp.","title":"Gates Corp.","isin":"US367398AA27","value_usd":4990704.24,"pct_val":0.172053844461,"balance":4800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Royal Caribbean Cruises Ltd.","title":"Royal Caribbean Cruises Ltd.","isin":"US780153BK72","value_usd":4938545.51,"pct_val":0.170255679395,"balance":4900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Freedom Mortgage Holdings LLC","title":"Freedom Mortgage Holdings LLC","isin":"US35641AAE82","value_usd":4930619.52,"pct_val":0.169982431977,"balance":4925000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RB Global Holdings, Inc.","title":"RB Global Holdings, Inc.","isin":"US76774LAC19","value_usd":4893392.63,"pct_val":0.168699040048,"balance":4675000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sunoco LP / Sunoco Finance Corp.","title":"Sunoco LP / Sunoco Finance Corp.","isin":"US86765LAZ04","value_usd":4886175,"pct_val":0.168450213243,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AC03","value_usd":4872686.39,"pct_val":0.167985195262,"balance":4755000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Waste Pro USA, Inc.","title":"Waste Pro USA, Inc.","isin":"US94107JAC71","value_usd":4849533.46,"pct_val":0.167187001175,"balance":4700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nabors Industries, Inc.","title":"Nabors Industries, Inc.","isin":"US62957HAP01","value_usd":4826550,"pct_val":0.166394649542,"balance":4600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Endo Finance Holdings, Inc.","title":"Endo Finance Holdings, Inc.","isin":"US29281RAA77","value_usd":4761859.5,"pct_val":0.164164453424,"balance":4500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"WESCO Distribution, Inc.","title":"WESCO Distribution, Inc.","isin":"US95081QAQ73","value_usd":4756026.43,"pct_val":0.163963359135,"balance":4600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Warnermedia Holdings, Inc.","title":"Warnermedia Holdings, Inc.","isin":"US55903VBW28","value_usd":4700093.75,"pct_val":0.16203508766,"balance":6655000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Under Armour, Inc.","title":"Under Armour, Inc.","isin":"US904311AD93","value_usd":4656104,"pct_val":0.16051854706,"balance":4640000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Freedom Mortgage Holdings LLC","title":"Freedom Mortgage Holdings LLC","isin":"US35641AAA60","value_usd":4617263.16,"pct_val":0.159179514426,"balance":4400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Qnity Electronics, Inc.","title":"Qnity Electronics, Inc.","isin":"US74743LAA89","value_usd":4616868.96,"pct_val":0.159165924435,"balance":4510000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Veritiv Operating Co.","title":"Veritiv Operating Co.","isin":"US92339LAA08","value_usd":4601879.33,"pct_val":0.158649158996,"balance":4275000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ashton Woods USA LLC / Ashton Woods Finance Co.","title":"Ashton Woods USA LLC / Ashton Woods Finance Co.","isin":"US045086AM71","value_usd":4580554.85,"pct_val":0.157914000471,"balance":4800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kodiak Gas Services LLC","title":"Kodiak Gas Services LLC","isin":"US50012LAD64","value_usd":4531385.23,"pct_val":0.156218884563,"balance":4435000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Antero Resources Corp.","title":"Antero Resources Corp.","isin":"US03674XAQ97","value_usd":4505602.33,"pct_val":0.15533002262,"balance":4422000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Axon Enterprise, Inc.","title":"Axon Enterprise, Inc.","isin":"US05464CAD39","value_usd":4491316.29,"pct_val":0.15483751335,"balance":4300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Calcasieu Pass LLC","title":"Venture Global Calcasieu Pass LLC","isin":"US92328MAB90","value_usd":4462272.66,"pct_val":0.153836238187,"balance":4900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gen Digital, Inc.","title":"Gen Digital, Inc.","isin":"US668771AM05","value_usd":4400624.25,"pct_val":0.151710917704,"balance":4250000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Acrisure LLC / Acrisure Finance, Inc.","title":"Acrisure LLC / Acrisure Finance, Inc.","isin":"US00489LAM54","value_usd":4398025.8,"pct_val":0.151621336497,"balance":4200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"RHP Hotel Properties LP / RHP Finance Corp.","title":"RHP Hotel Properties LP / RHP Finance Corp.","isin":"US749571AL97","value_usd":4382981.4,"pct_val":0.151102682869,"balance":4200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AB20","value_usd":4381953.92,"pct_val":0.151067260637,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Antero Resources Corp.","title":"Antero Resources Corp.","isin":"US03674XAS53","value_usd":4362066.2,"pct_val":0.150381634217,"balance":4300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AA47","value_usd":4324224,"pct_val":0.14907702956,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"FMC Corp.","title":"FMC Corp.","isin":"US302491AZ88","value_usd":4306317.52,"pct_val":0.148459706117,"balance":5435000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Directv Financing LLC / Directv Financing Co-Obligor, Inc.","title":"Directv Financing LLC / Directv Financing Co-Obligor, Inc.","isin":"US25461LAA08","value_usd":4290411.09,"pct_val":0.147911334123,"balance":4263000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"K. Hovnanian Enterprises, Inc.","title":"K. Hovnanian Enterprises, Inc.","isin":"US48251UAQ13","value_usd":4281820.45,"pct_val":0.147615172987,"balance":4210000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Commercial Metals Co.","title":"Commercial Metals Co.","isin":"US201723AS24","value_usd":4261261.69,"pct_val":0.146906412555,"balance":4165000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Osaic Holdings, Inc.","title":"Osaic Holdings, Inc.","isin":"US00791GAC15","value_usd":4249880.79,"pct_val":0.146514057587,"balance":4065000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global LNG, Inc.","title":"Venture Global LNG, Inc.","isin":"US92332YAD31","value_usd":4238159.46,"pct_val":0.146109966343,"balance":4100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Jefferson Capital Holdings LLC","title":"Jefferson Capital Holdings LLC","isin":"US472481AC47","value_usd":4209868,"pct_val":0.145134622138,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Gray Media, Inc.","title":"Gray Media, Inc.","isin":"US389286AA34","value_usd":4204228.06,"pct_val":0.144940185979,"balance":5600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"OneMain Finance Corp.","title":"OneMain Finance Corp.","isin":"US682691AH34","value_usd":4147976,"pct_val":0.143000903923,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Weatherford International Ltd.","title":"Weatherford International Ltd.","isin":"US947075AU14","value_usd":4135622.4,"pct_val":0.142575015257,"balance":4032000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Element Solutions, Inc.","title":"Element Solutions, Inc.","isin":"US28618MAA45","value_usd":4108095.18,"pct_val":0.141626018121,"balance":4200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hilcorp Energy I LP / Hilcorp Finance Co.","title":"Hilcorp Energy I LP / Hilcorp Finance Co.","isin":"US431318AZ78","value_usd":4062991.74,"pct_val":0.140071083211,"balance":4300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cogent Communications Group LLC / Cogent Finance, Inc.","title":"Cogent Communications Group LLC / Cogent Finance, Inc.","isin":"US19240CAE30","value_usd":4016228,"pct_val":0.138458909685,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wayfair LLC","title":"Wayfair LLC","isin":"US94419NAA54","value_usd":3969879,"pct_val":0.136861034265,"balance":3800000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"IHO Verwaltungs GmbH","title":"IHO Verwaltungs GmbH","isin":"US44963BAG32","value_usd":3911791.7,"pct_val":0.134858482561,"balance":3700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Herc Holdings, Inc.","title":"Herc Holdings, Inc.","isin":"US42704LAE48","value_usd":3854617.45,"pct_val":0.13288740813,"balance":3700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"XHR LP","title":"XHR LP","isin":"US98372MAE57","value_usd":3849172.88,"pct_val":0.132699707326,"balance":3725000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Boeing Co. (The)","title":"Boeing Co. (The)","isin":"US0970232049","value_usd":3798300,"pct_val":0.130945871763,"balance":55000,"units":"NS","currency":"USD","asset_cat":"EP","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"IHO Verwaltungs GmbH","title":"IHO Verwaltungs GmbH","isin":"US44963BAF58","value_usd":3785612.11,"pct_val":0.130508458494,"balance":3600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Altice France Lux 3 / Altice Holdings 1","title":"Altice France Lux 3 / Altice Holdings 1","isin":"US020956AA67","value_usd":3765352.26,"pct_val":0.129810002943,"balance":4100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","title":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","isin":"US01883LAH69","value_usd":3737228.4,"pct_val":0.128840436725,"balance":3600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Zebra Technologies Corp.","title":"Zebra Technologies Corp.","isin":"US989207AD75","value_usd":3731378.4,"pct_val":0.128638758777,"balance":3600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"GGAM Finance Ltd.","title":"GGAM Finance Ltd.","isin":"US36170JAC09","value_usd":3688092,"pct_val":0.127146466072,"balance":3600000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Encore Capital Group, Inc.","title":"Encore Capital Group, Inc.","isin":"US292554AQ52","value_usd":3587000,"pct_val":0.123661333231,"balance":3400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Ashton Woods USA LLC / Ashton Woods Finance Co.","title":"Ashton Woods USA LLC / Ashton Woods Finance Co.","isin":"US045086AR68","value_usd":3585853.98,"pct_val":0.123621824349,"balance":3580000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Clearway Energy Operating LLC","title":"Clearway Energy Operating LLC","isin":"US18539UAC99","value_usd":3505236.7,"pct_val":0.120842554673,"balance":3500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Arcosa, Inc.","title":"Arcosa, Inc.","isin":"US039653AC46","value_usd":3491381.98,"pct_val":0.120364915101,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chobani LLC / Chobani Finance Corp., Inc.","title":"Chobani LLC / Chobani Finance Corp., Inc.","isin":"US17027NAC65","value_usd":3446427.6,"pct_val":0.118815119013,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cablevision Lightpath LLC","title":"Cablevision Lightpath LLC","isin":"US12687GAA76","value_usd":3429147.4,"pct_val":0.118219386487,"balance":3500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Delta Air Lines, Inc. / SkyMiles IP Ltd.","title":"Delta Air Lines, Inc. / SkyMiles IP Ltd.","isin":"US830867AB33","value_usd":3421215.08,"pct_val":0.117945920843,"balance":3400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Borr IHC Ltd. / Borr Finance LLC","title":"Borr IHC Ltd. / Borr Finance LLC","isin":"US100018AB62","value_usd":3406010.72,"pct_val":0.117421752616,"balance":3412106.791,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pebblebrook Hotel LP / PEB Finance Corp.","title":"Pebblebrook Hotel LP / PEB Finance Corp.","isin":"US70510LAA70","value_usd":3389882.1,"pct_val":0.116865720653,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sunoco LP","title":"Sunoco LP","isin":"US86765KAD19","value_usd":3381947.45,"pct_val":0.116592174682,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"US Foods, Inc.","title":"US Foods, Inc.","isin":"US90290MAJ09","value_usd":3364396.2,"pct_val":0.115987097745,"balance":3300000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Caesars Entertainment, Inc.","title":"Caesars Entertainment, Inc.","isin":"US12769GAD25","value_usd":3357570.71,"pct_val":0.115751789913,"balance":3450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MPH Acquisition Holdings LLC","title":"MPH Acquisition Holdings LLC","isin":"US553283AF90","value_usd":3318720.74,"pct_val":0.114412442523,"balance":3135335,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Constellium SE","title":"Constellium SE","isin":"US21039CAD65","value_usd":3317971.2,"pct_val":0.114386602234,"balance":3200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Caesars Entertainment, Inc.","title":"Caesars Entertainment, Inc.","isin":"US12769GAA85","value_usd":3311633.4,"pct_val":0.114168107448,"balance":3450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Terex Corp.","title":"Terex Corp.","isin":"US880779BB83","value_usd":3270058.61,"pct_val":0.112734822263,"balance":3185000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"TransDigm, Inc.","title":"TransDigm, Inc.","isin":"US893647BW65","value_usd":3241846.2,"pct_val":0.111762203296,"balance":3165000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global LNG, Inc.","title":"Venture Global LNG, Inc.","isin":"US92332YAC57","value_usd":3215016.2,"pct_val":0.110837242724,"balance":3100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Allison Transmission, Inc.","title":"Allison Transmission, Inc.","isin":"US019736AG29","value_usd":3203843.39,"pct_val":0.110452061631,"balance":3400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hexion Holdings Corp.","title":"Hexion Holdings Corp., Second Lien, Initial CME Term Loan","isin":"US42829JAB52","value_usd":3186967.47,"pct_val":0.109870266603,"balance":3274965.8012,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CCO Holdings LLC / CCO Holdings Capital Corp.","title":"CCO Holdings LLC / CCO Holdings Capital Corp.","isin":"US1248EPCK74","value_usd":3126147.34,"pct_val":0.107773500959,"balance":3400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CHS/Community Health Systems, Inc.","title":"CHS/Community Health Systems, Inc.","isin":"US12543DBP42","value_usd":3117427.5,"pct_val":0.107472885671,"balance":2900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Macquarie Airfinance Holdings Ltd.","title":"Macquarie Airfinance Holdings Ltd.","isin":"US55609NAD03","value_usd":3107541.26,"pct_val":0.107132058902,"balance":2900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Birch Permian Holdings, Inc.","title":"Birch Permian Holdings, Inc.","isin":"US09075C2035","value_usd":3033854.74,"pct_val":0.104591726228,"balance":611911,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CCO Holdings LLC / CCO Holdings Capital Corp.","title":"CCO Holdings LLC / CCO Holdings Capital Corp.","isin":"US1248EPBX05","value_usd":2977942.5,"pct_val":0.102664159419,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hilcorp Energy I LP / Hilcorp Finance Co.","title":"Hilcorp Energy I LP / Hilcorp Finance Co.","isin":"US431318BG88","value_usd":2948028.86,"pct_val":0.101632890781,"balance":3100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"K. Hovnanian Enterprises, Inc.","title":"K. Hovnanian Enterprises, Inc.","isin":"US48251UAP30","value_usd":2864948.46,"pct_val":0.098768705381,"balance":2805000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PRA Group, Inc.","title":"PRA Group, Inc.","isin":"US69354NAD84","value_usd":2823706.2,"pct_val":0.097346884122,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Quikrete Holdings, Inc.","title":"Quikrete Holdings, Inc.","isin":"US74843PAB67","value_usd":2821449.16,"pct_val":0.097269072977,"balance":2700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chobani Holdco II LLC","title":"Chobani Holdco II LLC","isin":"US169918AA77","value_usd":2802575.3,"pct_val":0.096618399241,"balance":2619483,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Qnity Electronics, Inc.","title":"Qnity Electronics, Inc.","isin":"US74743LAB62","value_usd":2750174.08,"pct_val":0.094811874366,"balance":2650000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"United Airlines, Inc.","title":"United Airlines, Inc.","isin":"US90932LAG23","value_usd":2698247.16,"pct_val":0.093021700918,"balance":2700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Kodiak Gas Services LLC","title":"Kodiak Gas Services LLC","isin":"US50012LAE48","value_usd":2684852.89,"pct_val":0.092559935296,"balance":2610000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Sunoco LP / Sunoco Finance Corp.","title":"Sunoco LP / Sunoco Finance Corp.","isin":"US86765LAT44","value_usd":2652716.03,"pct_val":0.091452021453,"balance":2700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","title":"Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer","isin":"US01883LAE39","value_usd":2554076.15,"pct_val":0.088051425114,"balance":2500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSC Holdings LLC","title":"CSC Holdings LLC","isin":"US126307BN62","value_usd":2528146.16,"pct_val":0.087157492263,"balance":3400000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Caesars Entertainment, Inc.","title":"Caesars Entertainment, Inc.","isin":"US12769GAB68","value_usd":2507427.27,"pct_val":0.086443211371,"balance":2420000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"JH North America Holdings, Inc.","title":"JH North America Holdings, Inc.","isin":"US46593WAB19","value_usd":2388012.13,"pct_val":0.082326390791,"balance":2325000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Braskem Idesa SAPI","title":"Braskem Idesa SAPI","isin":"US10554NAB47","value_usd":2380562.5,"pct_val":0.082069565818,"balance":4100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ONEOK, Inc.","title":"ONEOK, Inc.","isin":"US682680CQ42","value_usd":2164780.44,"pct_val":0.074630508883,"balance":2100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hilcorp Energy I LP / Hilcorp Finance Co.","title":"Hilcorp Energy I LP / Hilcorp Finance Co.","isin":"US431318BC74","value_usd":2153361,"pct_val":0.074236825254,"balance":2100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transocean International Ltd.","title":"Transocean International Ltd.","isin":"US893830BY45","value_usd":2117910.9,"pct_val":0.073014687917,"balance":2100000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"American Airlines, Inc. / AAdvantage Loyalty IP Ltd.","title":"American Airlines, Inc. / AAdvantage Loyalty IP Ltd.","isin":"US00253XAB73","value_usd":2037888,"pct_val":0.07025590941,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Insulet Corp.","title":"Insulet Corp.","isin":"US45784PAL58","value_usd":1815186.5,"pct_val":0.06257830573,"balance":1735000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transocean International Ltd.","title":"Transocean International Ltd.","isin":"US893814AA10","value_usd":1815005.3,"pct_val":0.062572058885,"balance":1730000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"BM","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MPH Acquisition Holdings LLC","title":"MPH Acquisition Holdings LLC","isin":"US553283AG73","value_usd":1755387.07,"pct_val":0.060516728579,"balance":1998619,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"JH North America Holdings, Inc.","title":"JH North America Holdings, Inc.","isin":"US46593WAA36","value_usd":1660871.88,"pct_val":0.057258330361,"balance":1625000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bombardier, Inc.","title":"Bombardier, Inc.","isin":"US097751CC35","value_usd":1655599.42,"pct_val":0.057076563026,"balance":1565000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Transocean Titan Financing Ltd.","title":"Transocean Titan Financing Ltd.","isin":"US89386MAA62","value_usd":1489181.06,"pct_val":0.05133931288,"balance":1457142.86,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Newell Brands, Inc.","title":"Newell Brands, Inc.","isin":"US651229BF23","value_usd":1417913.83,"pct_val":0.048882384897,"balance":1450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AF34","value_usd":1349406.5,"pct_val":0.046520604087,"balance":1320000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Venture Global Plaquemines LNG LLC","title":"Venture Global Plaquemines LNG LLC","isin":"US922966AE68","value_usd":1344980.25,"pct_val":0.046368009725,"balance":1320000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Newell Brands, Inc.","title":"Newell Brands, Inc.","isin":"US651229BE57","value_usd":1117261.04,"pct_val":0.03851742118,"balance":1150000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Cornerstone Building Brands, Inc.","title":"Cornerstone Building Brands, Inc.","isin":"US21925DAA72","value_usd":1012876.82,"pct_val":0.034918789506,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Camelot Finance SA","title":"Camelot Finance SA","isin":"US13323AAB61","value_usd":964002.68,"pct_val":0.03323386023,"balance":970000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"LU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Teva Pharmaceutical Finance Netherlands III BV","title":"Teva Pharmaceutical Finance Netherlands III BV","isin":"US88167AAQ40","value_usd":910900.19,"pct_val":0.031403159168,"balance":900000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alpha Metallurgical Resources, Inc.","title":"Alpha Metallurgical Resources, Inc.","isin":"US0207641061","value_usd":868678.48,"pct_val":0.029947571504,"balance":4346,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Clear Channel Outdoor Holdings, Inc.","title":"Clear Channel Outdoor Holdings, Inc.","isin":"US18453HAC07","value_usd":701031.1,"pct_val":0.024167951062,"balance":700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Birch Permian Holdings, Inc.","title":"Birch Permian Holdings, Inc.","isin":"US09075C1045","value_usd":389198.04,"pct_val":0.01341754907,"balance":78499,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp.","isin":"US1651671802","value_usd":324380.43,"pct_val":0.011182970852,"balance":3267,"units":"NS","currency":"USD","asset_cat":null,"issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Altice France SA","title":"Altice France SA","isin":"XS3154194339","value_usd":284585.26,"pct_val":0.009811037822,"balance":17144,"units":"NS","currency":null,"asset_cat":null,"issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Diamond Sports Net LLC","title":"Diamond Sports Net LLC, First Lien, Exit Term Loan","isin":"US25277EAB83","value_usd":263661.86,"pct_val":0.009089706476,"balance":672366.6446,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp.","isin":"US1651677353","value_usd":191033.16,"pct_val":0.006585842,"balance":1731,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Novelis Corp.","title":"Novelis Corp.","isin":"US670001AH91","value_usd":182460.6,"pct_val":0.00629030417,"balance":200000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"California Resources Corp.","title":"California Resources Corp.","isin":"US13057Q3056","value_usd":109807.76,"pct_val":0.003785607471,"balance":2456,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Amplify Energy Corp.","title":"Amplify Energy Corp.","isin":"US03212B1035","value_usd":40289.12,"pct_val":0.001388961888,"balance":8816,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp., Escrow Account","isin":"US165ESCAJ38","value_usd":2055,"pct_val":0.000070845843,"balance":13700000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Anagram Holdings LLC / Anagram International, Inc.","title":"Anagram Holdings LLC / Anagram International, Inc.","isin":"US03254TAC71","value_usd":0,"pct_val":0,"balance":1891272,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Alpha Natural Resources, Inc.","title":"Alpha Natural Resources, Inc., Escrow Account","isin":null,"value_usd":0,"pct_val":0,"balance":25000000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Murray Energy Corp.","title":"Murray Energy Corp.","isin":"US62704PAM59","value_usd":0,"pct_val":0,"balance":18564500,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Endo GUC Trust","title":"Endo GUC Trust, Escrow Account","isin":"US29281F1057","value_usd":0,"pct_val":0,"balance":868583,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"American Airlines, Inc. / AAdvantage Loyalty IP Ltd.","title":"American Airlines, Inc. / AAdvantage Loyalty IP Ltd.","isin":"US00253XAA90","value_usd":0,"pct_val":0,"balance":0.002,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2768&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/franklin-high-income-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/franklin-high-income-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Franklin High Income Fund | LEI: Z1846KCY9PS334NJ7L60 | 346 positions totaling $2,843,896,805 across EP, EC, DBT, STIV, LON | Filing: Tue Feb 24 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-25"}