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1

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation – Equity Investments Structured

Finance – Equity Investments

ALM VII (R), Ltd.

CLO preference shares(3)(5)(7)(11)(12), (Estimated yield 0.00%, maturity

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

January 15, 2036) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .09/05/2024  $  5,601,000  $711,532  $327,098

Allegro CLO XII, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 16.48%, maturity

July 21, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .04/25/20255,069,0002,551,9621,875,530

Allegro CLO XIV, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 23.55%, maturity

October 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/18/20263,500,0001,386,0511,330,000

Ares Loan Funding II, Ltd.

CLO subordinated notes(5)(6)(7)(12), (Estimated yield 15.90%, maturity

October 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11/06/20257,101,6755,688,2404,217,847

Ares Loan Funding IX, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 15.56%, maturity

March 31, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .03/03/20253,900,0002,926,7602,290,532

Ares XLIII CLO Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 13.46%, maturity

January 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/17/20231,028,690261,259169,225

Ares XLIV CLO Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 18.91%, maturity

April 15, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12/15/20231,000,000245,63999,405

Atlas Senior Loan Fund XXIII, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 15.46%, maturity

July 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/13/20251,475,000774,328567,875

Bain Capital Credit CLO 2017-2, Limited

CLO subordinated notes(5)(7)(12), (Estimated yield 5.39%, maturity

July 25, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/17/2024626,000335,963162,760

Barings CLO Ltd. 2022-IV

CLO subordinated notes(5)(7), (Estimated yield 13.96%, maturity

October 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .03/11/20253,500,0002,751,1461,960,000

BlueMountain CLO XXIII Ltd.

CLO subordinated notes(5)(7), (Estimated yield 6.45%, maturity

July 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11/12/20243,750,0001,765,386843,750

BlueMountain CLO XXXI Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 9.37%, maturity

April 19, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .04/16/20241,130,117577,311282,529

Carlyle US CLO 2021-2, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 21.96%, maturity

April 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/13/20261,670,000806,743768,200

Carlyle US CLO 2024-F, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 10.61%, maturity

October 25, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10/10/20241,446,6671,164,047752,267

(Continued on next page)

2

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation – Equity Investments (continued)

Structured Finance – Equity Investments (continued)

CBAMR 2017-1, Ltd.

CLO subordinated notes(5)(6)(7)(12), (Estimated yield 17.84%, maturity

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

January 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11/24/2025  $ 25,000,000  $7,553,069  $5,625,000

CBAMR 2021-15, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.50%, maturity

January 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/07/20252,900,0001,257,018812,000

CIFC Funding 2014-V, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 7.70%, maturity

July 17, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .02/21/20255,000,0002,063,0681,150,000

CIFC Funding 2018-III, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 23.09%, maturity

October 18, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/27/202619,858,0003,679,7013,177,280

CIFC Funding 2018-IV, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 24.87%, maturity

January 17, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .02/27/202612,401,0003,034,7753,348,270

Dryden 78 CLO, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 12.39%, maturity

April 17, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .07/25/2023686,274375,063226,470

Dryden 90 CLO, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 8.89%, maturity

November 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .04/04/2023241,917224,280137,893

Dryden 109 CLO, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 22.17%, maturity

April 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/05/20265,325,0002,062,9451,838,963

Elmwood CLO XII Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 13.64%, maturity

October 15, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .07/24/2023750,000419,193247,500

Elmwood CLO 16, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 7.16%, maturity

April 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .06/07/2023800,000427,641272,000

Franklin Park Place CLO I

CLO subordinated notes(5)(7)(12), (Estimated yield 8.92%, maturity

April 14, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/30/20241,547,366761,868309,473

Kennedy Lewis CLO 11, Ltd. (f/k/a Generate CLO 11 Ltd.)

CLO subordinated notes(5)(7)(12), (Estimated yield 9.89%, maturity

October 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .02/03/20251,789,0001,514,502697,710

Kennedy Lewis CLO 15, Ltd. (f/k/a Generate CLO 15 Ltd.)

CLO subordinated notes(5)(7), (Estimated yield 9.45%, maturity

July 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/21/20253,000,0001,888,9191,245,000

Lakeside Park CLO, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 13.25%, maturity

April 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .03/07/20253,716,6672,787,9241,932,667

(Continued on next page)

3

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation – Equity Investments (continued)

Structured Finance – Equity Investments (continued)

Marble Point CLO XVI Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 18.08%, maturity

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

November 16, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .04/17/2024  $500,000  $231,556  $115,000

Magnetite XLII, Limited

CLO subordinated notes(5)(7)(12), (Estimated yield 10.93%, maturity

January 25, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10/17/20243,005,0002,737,8051,682,800

Neuberger Berman CLO XVII, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.48%, maturity

July 22, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .06/13/20242,187,083451,961328,062

Oaktree CLO 2019-2 Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 12.97%, maturity

October 15, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/30/20253,000,0001,256,361780,000

OCP CLO 2016-11, Ltd.

CLO preference shares(5)(7)(12), (Estimated yield 11.91%, maturity

July 26, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/31/20242,680,0001,162,790777,200

OCP CLO 2024-37, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 10.10%, maturity

October 15, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .09/27/20242,000,0001,744,1071,140,000

Octagon Investment Partners 42, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 10.43%, maturity

July 15, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/16/2023863,922338,405166,511

Octagon 52, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 9.00%, maturity

July 23, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .06/05/20241,073,171704,369359,512

Octagon 55, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 24.66%, maturity

March 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .09/28/202310,808,0003,084,6982,864,120

OFSI BSL X, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 12.52%, maturity

April 20, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/01/2023275,000151,98331,625

Park Blue CLO 2022-II, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 24.73%, maturity

July 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/05/20265,640,0001,735,3171,720,200

Park Blue CLO 2024-V, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 9.71%, maturity

July 25, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/31/20252,500,0001,750,4311,150,000

Park Blue CLO 2024-VI, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.28%, maturity

January 25, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10/29/20251,000,000738,344585,000

PPM CLO 5, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 5.45%, maturity

October 18, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12/10/20243,333,3331,252,737266,667

(Continued on next page)

4

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation – Equity Investments (continued)

Structured Finance – Equity Investments (continued)

Reese Park CLO, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 8.61%, maturity

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

January 15, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/13/2025  $  2,693,750  $1,381,046  $592,625

Regatta X Funding Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.36%, maturity

July 17, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/07/202510,600,0002,362,6721,060,000

Regatta XIV Funding Ltd.

CLO subordinated notes(3)(5)(7)(11)(12), (Estimated yield 0.00%, maturity

October 25, 2031) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .02/20/20255,000,000—66,000

Regatta XXXI Funding Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.72%, maturity

March 25, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .02/21/20251,975,2691,849,0941,283,925

Regatta 32 Funding Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 14.40%, maturity

July 25, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .06/11/20252,848,6442,858,0651,969,268

Rockford Tower CLO 2022-2, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 24.44%, maturity

March 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/07/20262,500,0001,019,099900,000

Rockford Tower CLO 2025-3, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 26.73%, maturity

March 31, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/11/20264,000,0002,524,8722,435,600

RR 1, Ltd.

CLO subordinated notes(3)(5)(7)(11)(12), (Estimated yield 0.00%, maturity

July 15, 2035) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/30/20241,916,667116,88379,733

Sculptor CLO XXIX, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 16.31%, maturity

July 22, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .09/20/2023300,000137,27775,000

Sculptor CLO XXXIII, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 9.95%, maturity

July 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .07/01/2024643,000444,202250,770

Sculptor CLO XXXIV, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 12.19%, maturity

January 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11/15/2024789,000562,269339,270

Sculptor CLO XXXV, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 15.76%, maturity

April 27, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .03/24/20253,500,0002,407,3541,750,000

Signal Peak CLO 4, Ltd.

CLO subordinated notes(3)(5)(7)(12), (Estimated yield 0.00%, maturity

October 26, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/09/20232,918,603600,085116,744

Signal Peak CLO 5, Ltd. (f/k/a Mariner CLO 5, Ltd.)

CLO subordinated notes(5)(7)(12), (Estimated yield 10.35%, maturity

April 25, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/20/20241,000,000249,373140,000

(Continued on next page)

5

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation – Equity Investments (continued)

Structured Finance – Equity Investments (continued)

Signal Peak CLO 7, Ltd. (f/k/a Mariner CLO 7, Ltd.)

CLO subordinated notes(5)(7)(12), (Estimated yield 15.82%, maturity

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

October 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/21/2025  $  6,908,500  $2,761,739  $1,727,125

Signal Peak CLO 8, Ltd. (f/k/a Mariner CLO 8, Ltd.)

CLO subordinated notes(5)(7)(12), (Estimated yield 14.77%, maturity

October 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11/08/2023384,720197,436132,728

Sound Point CLO XXIII, Ltd.

CLO subordinated notes(3)(5)(7)(12), (Estimated yield 0.00%, maturity

July 15, 2034) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .05/09/20241,500,000350,73770,464

Brant Point CLO 2024-3, Ltd. (f/k/a Sound Point CLO 38, Ltd.)

CLO subordinated notes(5)(7)(12), (Estimated yield 20.54%, maturity

January 20, 2039) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .07/29/20255,750,0004,126,2953,478,750

Tallman Park CLO, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 12.54%, maturity

July 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .09/09/20255,620,0002,994,2971,742,200

TCW CLO 2021-2, Ltd.

CLO subordinated notes(5)(7)(12), (Estimated yield 12.95%, maturity

October 24, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01/25/2024500,000272,610145,000

Tikehau US CLO II, Ltd.

CLO subordinated notes(5)(7), (Estimated yield 14.72%, maturity

January 20, 2038) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .07/22/20251,000,000572,746340,000

Venture 49 CLO, Ltd.

CLO subordinated notes(3)(5)(7)(12), (Estimated yield 0.00%, maturity

April 20, 2037) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12/20/20244,775,0002,045,916859,500

Verona Park CLO, Ltd.

CLO warehouse subordinated notes(5)(7)(12)(15), (Estimated yield 18.07%,

maturity July 07, 2027) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .08/04/2025944,444944,445944,444

Wind River 2021-4 CLO Ltd.

CLO subordinated notes(3)(5)(7)(12), (Estimated yield 0.00%, maturity

January 20, 2035) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	08/15/2023	250,000	100,372		7,500
Total Structured Finance – Equity Investments . . . . . . . . . . . . . . . .			98,216,081		69,140,587		95.54%
Total Collateralized Loan Obligation – Equity Investments . . . . . .			$98,216,081		$69,140,587		95.54%

Collateralized Loan Obligation Fee Notes – Equity

Investments – Other CLO Equity Related Investments

Structured Finance – Equity Fee Note Investments

Carlyle US CLO 2024-6 CLO subordinated fee notes(12)(13)(14), (Maturity October 25, 2037) . . . .	10/10/2024	17,400	17,598
Franklin Park Place CLO I CLO subordinated fee notes(12)(13)(14), (Maturity April 14, 2038) . . . . . .	05/30/2024	39,085	73,999
Lakeside Park CLO CLO subordinated M notes(12)(13)(14), (Maturity April 15, 2038) . . . . . . .	03/07/2025	137,582	126,034
Reese Park CLO, Ltd. CLO subordinated M2 notes(12)(13)(14), (Maturity January 15, 2038) . . . .	03/07/2025	96,426	79,629

COMPANY/INVESTMENT(1)(8)(9)

Collateralized Loan Obligation Fee Notes – Equity

6

OXFORD PARK INCOME FUND INC.

SCHEDULE OF INVESTMENTS JUNE 30, 2026

(Unaudited)

Investments – Other CLO Equity Related Investments (continued)

Structured Finance – Equity Fee Note Investments (continued)

ACQUISITION

DATE(10)

PRINCIPAL

AMOUNT/

SHARESCOST

FAIR

VALUE(2)

% OF NET

ASSETS

Regatta 32 Funding Ltd. CLO subordinated fee notes(12)(13)(14), (Maturity July 25, 2038) . . . . . . .	03/07/2025	$86,208		$77,862
Rockford Tower CLO 2025-3, Ltd. CLO subordinated fee notes(12)(13)(14), (Maturity March 31, 2038) . . . . .	03/07/2025	146,939		139,561
Sound Point CLO XXIII, Ltd. CLO subordinated Y notes(12)(13)(14), (Maturity July 15, 2034) . . . . . . . .	05/09/2024	—		—
Total Other CLO Equity Related Investments . . . . . . . . . . . . . . . . .		523,640		514,683		0.71%
Total Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		$98,739,721		$69,655,270		96.25%

Cash equivalents

First American Government Obligations Fund, Class X Shares(4)

3.56% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3,497,448	$3,497,448		$3,497,448
Total Cash Equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		$3,497,448		$3,497,448		4.83%
Total Investments and Cash and Cash Equivalents . . . . . . . . . . . . .		$102,237,169		$73,152,718		101.08%

(1)We do not “control” and are not an “affiliate” of any of our portfolio companies, each as defined in the 1940 Act. In general, under the

1940 Act, we would be presumed to “control” a portfolio company if we owned more than 25% of its voting securities and would be an

“affiliate” of a portfolio company if we owned 5% or more of its voting securities.

(2)Fair value is determined in good faith by the Board of Directors of the Fund.

(3)As of June 30, 2026, the effective yield has been estimated to be 0%. The aggregate projected amount of future recurring distributions and

terminal principal payment is less than the amortized investment cost.

(4)Represents cash equivalents held in a money market fund as of June 30, 2026.

(5)Cost value reflects accretion of effective yield less any cash distributions received or entitled to be received from CLO equity investments.

(6)Investment or cash equivalent represents greater than 5% of net assets.

(7)The CLO subordinated notes and preferred shares are considered equity positions in the CLO funds. Equity investments are entitled to

recurring distributions which are generally equal to the remaining cash flow of the payments made by the underlying fund’s securities

less contractual payments to debt holders and the CLO’s expenses. The estimated yield indicated is based upon a current projection of the

amount and timing of these recurring distributions and the estimated amount of repayment of principal upon termination. Such projections

are periodically reviewed and adjusted, and the estimated yield may not ultimately be realized.

(8)The fair value of the investment was determined using significant unobservable inputs.

(9)The Fund generally acquires its investments in transactions not subject to registration under the Securities Act of 1933, as amended

(the “Securities Act”). These investments are generally subject to restrictions as “restricted securities” (within the meaning of the

Securities Act).

(10)Acquisition date represents the initial date of purchase.

(11)The CLO equity investment was optionally redeemed. Expected value of residual distributions, once received, is anticipated to be

recognized as return of capital, pending any remaining amortized cost, and/or realized gain for any amounts received in excess of such

amortized cost.

(12)Investment is co-invested with the Fund’s affiliates.

(13)Fair value includes the Fund’s interest in subordinated fee notes, and represents discounted cash flows associated with fees earned from

those fee notes.

(14)Cost value reflects amortized cost.

(15)The subordinated notes represent an investment in a warehouse facility, which is a financing structure intended to aggregate loans that

may be used to form the basis of a CLO vehicle.