Yieldstreet Alternative Income Fund Inc.
Schedule of Investments
March 31, 2026 (Unaudited)
| Rate | Reference Rate & Spread(a) | Maturity Date | Par Amount/Shares | Value | ||||||||||
| COMMERCIAL MORTGAGE BACKED SECURITIES - 0.51% | ||||||||||||||
| IP 2025-IP Mortgage Trust, Series 2025-IP(b) | 10.75% | TSFR3M + 7.07% | 06/10/2030 | $ | 710,000 | $ | 718,289 | |||||||
| Total Commercial Mortgage Backed Securities (Cost $710,000) | 718,289 | |||||||||||||
| COLLATERALIZED LOAN OBLIGATIONS - 31.90% | ||||||||||||||
| ACHD Trust 2025-DS1, Series 2025-DS1(b) | 5.98% | N/A | 01/09/2034 | 631,320 | 633,313 | |||||||||
| Aqua Finance Issuer Trust 2025-A, Series 2025-A(b) | 10.45% | TSFR3M + 6.77% | 12/19/2050 | 877,945 | 896,017 | |||||||||
| Ares LVIII CLO, Ltd., Series 2025-58A(b) | 8.08% | TSFR3M + 4.40% | 04/15/2038 | 3,000,000 | 2,985,018 | |||||||||
| Ares LXV CLO, Ltd., Series 2025-65A(b) | 6.63% | TSFR3M + 2.95% | 07/25/2034 | 1,000,000 | 975,241 | |||||||||
| Dryden 65 CLO, Ltd., Series 2018-65A(b) | 7.04% | TSFR3M + 3.36% | 07/18/2030 | 1,500,000 | 1,501,206 | |||||||||
| Greystone CRE Notes 2025-FL4 LLC, Series 2025-FL4(b) | 7.00% | 1M SOFR + 3.35% | 02/15/2030 | 2,000,000 | 2,004,982 | |||||||||
| KKR CLO 37, Ltd., Series 2025-37A(b) | 7.93% | TSFR3M + 4.25% | 04/20/2038 | 2,000,000 | 1,889,790 | |||||||||
| KKR CLO 41, Ltd., Series 2022-41A(b) | 6.93% | TSFR3M + 3.25% | 04/15/2035 | 2,500,000 | 2,381,738 | |||||||||
| Madison Park Funding LII, Ltd., Series 2025-52A(b) | 6.68% | TSFR3M + 3.00% | 01/22/2035 | 3,000,000 | 2,892,519 | |||||||||
| Madison Park Funding LVII, Ltd., Series 2024-57A(b) | 6.63% | TSFR3M + 2.95% | 07/27/2034 | 2,000,000 | 1,930,842 | |||||||||
| Mariner Finance Issuance Trust 2025-A, Series 2025-AA(b) | 10.22% | TSFR3M + 6.54% | 02/20/2030 | 1,000,000 | 1,017,020 | |||||||||
| MCF CLO VIII, Ltd., Series 2024-1A(b) | 8.83% | TSFR3M + 5.15% | 04/18/2036 | 2,000,000 | 2,000,206 | |||||||||
| Monroe Capital MML CLO XV LLC, Series 2025-1A(b) | 10.08% | TSFR3M + 6.40% | 09/23/2035 | 1,100,000 | 1,066,459 | |||||||||
| Oxford Finance Credit Fund III 2025-A LP, Series 2025-A(b) | 10.87% | TSFR3M + 7.19% | 08/14/2031 | 500,000 | 503,753 | |||||||||
| Pagaya Ai Debt Trust 2025-R1, Series 2025-R1(b) | 10.62% | TSFR3M + 6.94% | 06/15/2032 | 348,394 | 350,293 | |||||||||
| RFS Asset Securitization V LLC, Series 2025-1(b) | 11.33% | TSFR3M + 7.65% | 05/15/2028 | 1,250,000 | 1,256,761 | |||||||||
| RFS Asset Securitization V LLC, Series 2025-1(b) | 14.79% | TSFR3M + 11.11% | 05/15/2028 | 900,000 | 904,676 | |||||||||
| Rockford Tower CLO 2021-1, Ltd., Series 2021-1A(b) | 10.30% | TSFR3M + 6.62% | 07/20/2034 | 1,000,000 | 932,199 | |||||||||
| Rockford Tower CLO 2021-2, Ltd., Series 2025-2A(b) | 7.03% | TSFR3M + 3.35% | 07/20/2034 | 4,500,000 | 4,356,896 | |||||||||
| RR 14, Ltd., Series 2021-14A(b) | 10.09% | TSFR3M + 6.41% | 04/15/2036 | 1,000,000 | 930,743 | |||||||||
| RR 17, Ltd., Series 2025-17A(b) | 10.08% | TSFR3M + 6.40% | 07/15/2034 | 3,000,000 | 2,820,822 | |||||||||
| RR 44, Ltd., Series 2026-44A(b) | 7.08% | TSFR3M + 3.40% | 04/15/2041 | 2,000,000 | 1,980,514 | |||||||||
| Venture 38 CLO, Ltd., Series 2025-38A(b) | 7.63% | TSFR3M + 3.95% | 07/30/2032 | 1,000,000 | 961,340 | |||||||||
| Venture 41 CLO, Ltd., Series 2025-41A(b) | 7.68% | TSFR3M + 4.00% | 01/20/2034 | 1,500,000 | 1,435,752 | |||||||||
| Venture 43 CLO, Ltd., Series 2021-43A(b) | 11.09% | TSFR3M + 7.41% | 04/15/2034 | 2,000,000 | 1,060,938 | |||||||||
| Venture XXVIII CLO, Ltd., Series 2017-28A(b) | 7.94% | TSFR3M + 4.26% | 07/20/2030 | 2,000,000 | 2,000,312 | |||||||||
| Verdant Receivables 2025-1 LLC, Series 2025-1A(b) | 10.17% | TSFR3M + 6.49% | 05/12/2033 | 1,000,000 | 1,006,687 | |||||||||
| Vital Care Issuer LLC, Series 2025-1A(b) | 6.74% | N/A | 01/30/2031 | 2,000,000 | 2,015,162 | |||||||||
| Total Collateralized Loan Obligations (Cost $46,361,947) | 44,691,199 | |||||||||||||
| Rate | Reference Rate & Spread(a) | Maturity Date | Par Amount/Shares | Value | ||||||||||
| FIRST-LIEN SENIOR SECURED TERM LOANS - 23.38% | ||||||||||||||
| ART - 2.00% | ||||||||||||||
| Colette Capital LLC(b)(c) | 12.50% | N/A | 07/17/2026 | 2,800,000 | 2,806,403 | |||||||||
| Total Art | 2,806,403 | |||||||||||||
| COMMERCIAL REAL ESTATE - 6.68% | ||||||||||||||
| Bridge - 6.68% | ||||||||||||||
| Harrison Yards Project(b)(c)(e) | 6.47% | 1M SOFR + 16.40% Cash, 2.68% PIK (0.25% Floor) | 12/31/2026 | 4,000,000 | 9,362,000 | |||||||||
| Total Commercial Real Estate | 9,362,000 | |||||||||||||
| RESIDENTIAL REAL ESTATE - 2.91% | ||||||||||||||
| Multi-family - 2.91% | ||||||||||||||
| Merrick Parc(b)(c) | 6.00% | 1M SOFR + 0.67%, (6.00% Floor) | 05/30/2026 | 2,606,083 | 3,068,849 | |||||||||
| Urban Standard Capital, LLC(b)(c) | 12.00% | PRIME + 5.25% | 04/01/2026 | 543,130 | 1,007,500 | |||||||||
| Total Residential Real Estate | 4,076,349 | |||||||||||||
| TRADE FINANCE - 11.79% | ||||||||||||||
| Coventry Life Insurance Portfolio(b)(c)(d) | 12.75% | 12.75% | 06/28/2028 | 6,850,364 | 6,815,017 | |||||||||
| Coventry Life Insurance Portfolio II(b)(c)(d) | 12.25% | 12.25% | 09/30/2030 | 5,191,718 | 5,191,718 | |||||||||
| Sucden Clotilde(b)(c) | 13.00% | 13.00% | 05/31/2028 | 4,455,000 | 4,506,829 | |||||||||
| Total Trade Finance | 16,513,564 | |||||||||||||
| Total First-Lien Senior Secured Term Loans (Cost $26,632,614) | 32,758,316 | |||||||||||||
| EQUITY - 14.10% | ||||||||||||||
| Aviation - 4.30% | ||||||||||||||
| Crestone Aircraft Leasing(b)(c) | N/A | N/A | N/A | 2,999,016 | $ | 3,008,905 | ||||||||
| Crestone Aircraft Leasing Portfolio II A(b)(c) | N/A | N/A | N/A | 2,987,211 | 3,016,712 | |||||||||
| Total Aviation | 6,025,617 | |||||||||||||
| Consumer Loans - 9.80% | ||||||||||||||
| EH YS Purchaser I LLC(b)(c)(e)(g) | N/A | N/A | N/A | 914,408 | 89,532 | |||||||||
| FlexPay - Upgrade Consumer Travel(b)(c)(e)(g) | N/A | N/A | N/A | 1,672,713 | 1,517,898 | |||||||||
| Octane Lending Inc.(b)(c)(g) | N/A | N/A | N/A | 3,193,762 | 2,929,638 | |||||||||
| Octane Lending Inc. ll(b)(c)(g) | N/A | N/A | N/A | 3,283,642 | 3,891,460 | |||||||||
| Octane Lending Inc. lll(b)(c)(g) | N/A | N/A | N/A | 5,716,090 | 5,294,566 | |||||||||
| Total Consumer Loans | 13,723,094 | |||||||||||||
| Total Equity (Cost $20,829,410) | 19,748,711 | |||||||||||||
| INVESTMENTS IN INVESTEE FUNDS - 13.36% | ||||||||||||||
| Asset Management - 5.70% | ||||||||||||||
| Blue Owl Credit Income Corp.(b) | N/A | N/A | N/A | 378,855 | 3,458,943 | |||||||||
| New Mountain Capital(b) | N/A | N/A | N/A | 4,925,000 | 4,530,103 | |||||||||
| Total Asset Management | 7,989,046 | |||||||||||||
| Consumer Loans - 1.86% | ||||||||||||||
| Lending Point(b)(e)(g) | N/A | N/A | N/A | 4,774,833 | 2,603,969 | |||||||||
| Total Consumer Loans | 2,603,969 | |||||||||||||
| Legal - 5.80% | ||||||||||||||
| 9RPJ1 Partners, LP(b)(e)(f)(g) | N/A | N/A | N/A | 5,805,352 | 5,076,546 | |||||||||
| BWA20C TL1(b)(e)(g) | N/A | N/A | N/A | 3,300,000 | 3,046,372 | |||||||||
| Total Legal | 8,122,918 | |||||||||||||
| Total Investments in Investee Funds (Cost $15,942,342) | 18,715,933 | |||||||||||||
| Rate | Reference Rate & Spread(a) | Maturity Date | Par Amount/Shares | Value | ||||||||||
| PREFERRED EQUITY - 0.65% | ||||||||||||||
| Residential Real Estate - 0.65% | ||||||||||||||
| Multi-family - 0.65% | ||||||||||||||
| YS PP REQ II P Southgate Apartments, LLC(b)(c)(e)(g)(h) | N/A | N/A | N/A | 2,000,000 | 906,000 | |||||||||
| Total Residential Real Estate | 906,000 | |||||||||||||
| Total Preferred Equity (Cost $2,000,000) | 906,000 | |||||||||||||
| 7-Day Yield | Shares | |||||||||||
| SHORT-TERM INVESTMENTS - 13.79%(i)(j) | ||||||||||||
| SDIT Government Fund, Class F (SEOXX) | 3.47 | % | 19,314,228 | $ | 19,314,228 | |||||||
| Total Short-Term Investments (Cost $19,314,228) | 19,314,228 | |||||||||||
| Total Investments - 97.69% (Cost $131,790,541) | $ | 136,852,676 | ||||||||||
| Other Assets in Excess of Liabilities - 2.31% | 3,239,600 | |||||||||||
| Net Assets - 100.00% | $ | 140,092,276 | ||||||||||
Investment Abbreviations:
PRIME - United States Prime Rate
SOFR - Secured Overnight Financing Rate
TSFR3M - Chicago Mercantile Exchange 3 Month Secured Overnight Rate
Reference Rates:
1M US SOFR - 1 Month SOFR as of March 31, 2026 was 3.65%
TSFR3M - TSFR3M as of March 31, 2026 was 3.68%
PRIME - US Prime Rate as of March 31, 2026 was 6.75%
| (a) | Floating or variable rate investment. The rate in effect as of March 31, 2026 is based on the reference rate, as described above, plus the displayed spread as of the securities' last reset date. The interest rate shown is the rate in effect as of period-end and changes periodically. |
| (b) | Restricted Security; these securities may only be sold in transactions exempt from registration under the Securities Act of 1933. |
| (c) | As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets. |
| (d) | Paid in kind security which may pay interest in additional par. |
| (e) | Non-income producing security. |
| (f) | These investments have a total unfunded commitment amount of $1,194,618 as of March 31, 2026. |
| (g) | Affiliated Investment. |
| (h) | Investment held through wholly owned consolidated subsidiary YS PP REQ II P LLC. |
| (i) | To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website. |
| (j) | Money market fund; interest rate reflects seven-day effective yield on March 31, 2026. |
Below is a summary of the fund transactions with its affiliates during the period ended March 31, 2026:
Affiliated Investments
| Name of Issuer | Fair Value at December 31, 2025 | Purchases | Sales | Return of capital | Paydown | Net Change in Unrealized Appreciation (Depreciation) | Net Realized Gains (Losses) | Fair Value at March 31, 2026 | Dividend Income | |||||||||||||||||||||||||||
| YS PP REQ II P Southgate Apartments, LLC | $ | 1,027,910 | $ | - | $ | - | $ | - | $ | - | $ | (121,910 | ) | $ | - | $ | 906,000 | $ | - | |||||||||||||||||
| YS AVN-AVT V LLC | 10,108,930 | - | (9,595,674 | ) | - | 1,433,932 | (1,947,188 | ) | - | 86,887 | ||||||||||||||||||||||||||
| EH YS Purchaser I LLC | 136,144 | - | - | - | (93,075 | ) | 46,463 | - | 89,532 | 626 | ||||||||||||||||||||||||||
| 9RPJ1 Partners, LP | 5,288,672 | - | - | (299,662 | ) | - | 87,536 | - | 5,076,546 | - | ||||||||||||||||||||||||||
| BWA20C | 3,109,792 | - | - | (141,271 | ) | - | 77,851 | - | 3,046,372 | - | ||||||||||||||||||||||||||
| Lending Point | 2,688,221 | - | - | - | - | (84,252 | ) | - | 2,603,969 | - | ||||||||||||||||||||||||||
| Octane Lending Inc. | 3,402,830 | - | - | - | (434,332 | ) | (38,763 | ) | (97 | ) | 2,929,638 | |||||||||||||||||||||||||
| Octane Lending Inc. II | 4,504,752 | - | - | - | (457,652 | ) | (155,640 | ) | - | 3,891,460 | ||||||||||||||||||||||||||
| Octane Lending Inc. III | 5,942,149 | - | - | - | (420,686 | ) | (222,233 | ) | (4,664 | ) | 5,294,566 | 312,167 | ||||||||||||||||||||||||
| FlexPay – Upgrade Consumer Travel | 3,674,063 | - | - | - | (2,002,432 | ) | (153,733 | ) | - | 1,517,898 | 544,112 | |||||||||||||||||||||||||
| $ | 39,883,463 | $ | - | $ | (9,595,674 | ) | $ | (440,933 | ) | $ | (3,408,177 | ) | $ | 869,251 | $ | (1,951,949 | ) | $ | 25,355,981 | $ | 943,792 | |||||||||||||||
Restricted Securities: As of March 31, 2026, investments in securities included issuers that are considered restricted. Restricted securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933, may have contractual restrictions on resale, and may be valued under methods approved by the Board of Directors as reflecting fair value.
Restricted securities as of March 31, 2026, were as follows:
| Name of Issuer | % of Net Assets | Acquisition Date | Shares/Par | Cost | Fair Value | |||||||||||||||
| 9RPJ1 Partners, LP | 3.62 | % | 1/8/2021 | 5,805,352 | $ | 2,892,477 | $ | 5,076,546 | ||||||||||||
| ACHD Trust 2025-DS1, Series 2025-DS1 | 0.45 | % | 12/8/2025 | 631,320 | 631,319 | 633,313 | ||||||||||||||
| Aqua Finance Issuer Trust 2025-A, Series 2025-A | 0.64 | % | 4/24/2025 | 877,945 | 869,061 | 896,017 | ||||||||||||||
| Ares LVIII CLO, Ltd., Series 2025-58A | 2.13 | % | 3/18/2026 | 3,000,000 | 2,985,027 | 2,985,018 | ||||||||||||||
| Ares LXV CLO, Ltd., Series 2025-65A | 0.70 | % | 5/8/2024 | 1,000,000 | 1,000,000 | 975,241 | ||||||||||||||
| Blue Owl Credit Income Corp. | 2.47 | % | 1/18/2024 | 378,855 | 3,440,000 | 3,458,943 | ||||||||||||||
| BWA20C TL1 | 2.17 | % | 6/17/2020 | 3,300,000 | 1,735,742 | 3,046,372 | ||||||||||||||
| Colette Capital LLC | 2.00 | % | 7/21/2023 | 2,800,000 | 2,800,000 | 2,806,403 | ||||||||||||||
| Coventry Life Insurance Portfolio | 4.86 | % | 2/14/2025 | 6,850,364 | 6,885,076 | 6,815,017 | ||||||||||||||
| Coventry Life Insurance Portfolio II | 3.71 | % | 9/15/2025 | 5,191,718 | 5,191,718 | 5,191,718 | ||||||||||||||
| Crestone Aircraft Leasing | 2.15 | % | 8/1/2025 | 2,999,016 | 2,999,017 | 3,008,905 | ||||||||||||||
| Crestone Aircraft Leasing Portfolio II A | 2.15 | % | 11/26/2025 | 2,987,211 | 2,987,211 | 3,016,712 | ||||||||||||||
| Dryden 65 CLO, Ltd., Series 2018-65A | 1.07 | % | 5/15/2024 | 1,500,000 | 1,497,205 | 1,501,206 | ||||||||||||||
| EH YS Purchaser I LLC | 0.06 | % | 12/8/2022 | 914,408 | 914,409 | 89,532 | ||||||||||||||
| FlexPay - Upgrade Consumer Travel | 1.08 | % | 4/15/2025 | 1,672,713 | 1,672,713 | 1,517,898 | ||||||||||||||
| Greystone CRE Notes 2025-FL4 LLC, Series 2025-FL4 | 1.43 | % | 5/8/2025 | 2,000,000 | 2,000,000 | 2,004,982 | ||||||||||||||
| Harrison Yards Project | 6.68 | % | 8/22/2023 | 4,000,000 | 4,140,063 | 9,362,000 | ||||||||||||||
| IP 2025-IP Mortgage Trust, Series 2025-IP | 0.51 | % | 5/29/2025 | 710,000 | 710,000 | 718,289 | ||||||||||||||
| KKR CLO 37, Ltd., Series 2025-37A | 1.35 | % | 9/26/2025 | 2,000,000 | 1,970,703 | 1,889,790 | ||||||||||||||
| KKR CLO 41, Ltd., Series 2022-41A | 1.70 | % | 5/1/2025 | 2,500,000 | 2,437,521 | 2,381,738 | ||||||||||||||
| Lending Point | 1.86 | % | 9/22/2023 | 4,774,833 | 2,926,451 | 2,603,969 | ||||||||||||||
| Madison Park Funding LII, Ltd., Series 2025-52A | 2.06 | % | 3/22/2024 | 3,000,000 | 2,999,999 | 2,892,519 | ||||||||||||||
| Madison Park Funding LVII, Ltd., Series 2024-57A | 1.38 | % | 11/14/2025 | 2,000,000 | 1,989,294 | 1,930,842 | ||||||||||||||
| Mariner Finance Issuance Trust 2025-A, Series 2025-AA | 0.73 | % | 5/21/2025 | 1,000,000 | 999,994 | 1,017,020 | ||||||||||||||
| MCF CLO VIII, Ltd., Series 2024-1A | 1.43 | % | 1/9/2025 | 2,000,000 | 2,055,963 | 2,000,206 | ||||||||||||||
| Merrick Parc | 2.19 | % | 1/31/2024 | 2,606,083 | 2,606,084 | 3,068,849 | ||||||||||||||
| Monroe Capital MML CLO XV LLC, Series 2025-1A | 0.76 | % | 10/10/2025 | 1,100,000 | 1,100,000 | 1,066,459 | ||||||||||||||
| New Mountain Capital | 3.23 | % | 10/24/2024 | 4,925,000 | 4,947,672 | 4,530,103 | ||||||||||||||
| Octane Lending Inc. | 2.09 | % | 12/22/2023 | 3,193,762 | 3,194,476 | 2,929,638 | ||||||||||||||
| Octane Lending Inc. ll | 2.78 | % | 4/17/2024 | 3,283,642 | 3,283,641 | 3,891,460 | ||||||||||||||
| Octane Lending Inc. lll | 3.78 | % | 4/30/2025 | 5,716,090 | 5,777,943 | 5,294,566 | ||||||||||||||
| Oxford Finance Credit Fund III 2025-A LP, Series 2025-A | 0.36 | % | 5/7/2025 | 500,000 | 500,000 | 503,753 | ||||||||||||||
| Pagaya Ai Debt Trust 2025-R1, Series 2025-R1 | 0.25 | % | 5/2/2025 | 348,394 | 348,394 | 350,293 | ||||||||||||||
| RFS Asset Securitization V LLC, Series 2025-1 | 0.65 | % | 5/22/2025 | 900,000 | 899,980 | 904,676 | ||||||||||||||
| RFS Asset Securitization V LLC, Series 2025-1 | 0.90 | % | 5/22/2025 | 1,250,000 | 1,249,978 | 1,256,761 | ||||||||||||||
| Rockford Tower CLO 2021-1, Ltd., Series 2021-1A | 0.67 | % | 1/21/2025 | 1,000,000 | 1,006,638 | 932,199 | ||||||||||||||
| Rockford Tower CLO 2021-2, Ltd., Series 2025-2A | 3.11 | % | 8/28/2025 | 4,500,000 | 4,499,999 | 4,356,896 | ||||||||||||||
| RR 14, Ltd., Series 2021-14A | 0.66 | % | 2/5/2025 | 1,000,000 | 1,004,060 | 930,743 | ||||||||||||||
| RR 17, Ltd., Series 2025-17A | 2.01 | % | 8/28/2025 | 3,000,000 | 3,000,000 | 2,820,822 | ||||||||||||||
| RR 44, Ltd., Series 2026-44A | 1.41 | % | 2/5/2026 | 2,000,000 | 2,000,000 | 1,980,514 | ||||||||||||||
| Sucden Clotilde | 3.22 | % | 7/11/2025 | 4,455,000 | 4,455,000 | 4,506,829 | ||||||||||||||
| Urban Standard Capital, LLC | 0.72 | % | 7/16/2024 | 543,130 | 554,673 | 1,007,500 | ||||||||||||||
| Venture 38 CLO, Ltd., Series 2025-38A | 0.69 | % | 2/21/2025 | 1,000,000 | 1,000,000 | 961,340 | ||||||||||||||
| Venture 41 CLO, Ltd., Series 2025-41A | 1.02 | % | 9/10/2025 | 1,500,000 | 1,500,000 | 1,435,752 | ||||||||||||||
| Venture 43 CLO, Ltd., Series 2021-43A | 0.76 | % | 4/11/2024 | 2,000,000 | 1,858,496 | 1,060,938 | ||||||||||||||
| Venture XXVIII CLO, Ltd., Series 2017-28A | 1.43 | % | 3/22/2024 | 2,000,000 | 1,958,534 | 2,000,312 | ||||||||||||||
| Verdant Receivables 2025-1 LLC, Series 2025-1A | 0.72 | % | 5/21/2025 | 1,000,000 | 999,782 | 1,006,687 | ||||||||||||||
| Vital Care Issuer LLC, Series 2025-1A | 1.44 | % | 12/11/2025 | 2,000,000 | 2,000,000 | 2,015,162 | ||||||||||||||
| YS PP REQ II P Southgate Apartments, LLC | 0.65 | % | 2/2/2021 | 2,000,000 | 2,000,000 | 906,000 | ||||||||||||||
| Total | 83.89 | % | $ | – | $ | – | $ | 112,476,313 | $ | 117,538,448 | ||||||||||
2. Unfunded Commitments – The Fund may enter into certain credit agreements, all or a portion of which may be unfunded. The Fund is obligated to fund these loan commitments at the borrowers’ discretion. Unfunded loan commitments and funded portions of credit agreements are marked-to-market. At March 31, 2026, the Fund had unfunded commitments shown below:
| Investment | Unfunded Commitments as of March 31, 2026 | |||
| 9RPJ1 Partners, LP | $ | 1,194,618 | ||