|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal
Amount (000)
|
|
|
Description (1)
|
|
Coupon (7)
|
|
|
Reference
Rate (7)
|
|
|
Spread (7)
|
|
|
Maturity (8)
|
|
|
Ratings (9)
|
|
|
Value
|
|
|
|
|
|
|
|
|
|
Communications Equipment 0.6%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
397
|
|
|
CommScope, Inc., Term Loan B
|
|
|
5.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.250%
|
|
|
|
4/04/26
|
|
|
|
Ba3
|
|
|
$
|
396,621
|
|
|
527
|
|
|
Univision Communications, Inc., Term Loan C5
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
3/15/24
|
|
|
|
B
|
|
|
|
513,450
|
|
|
924
|
|
|
Total Communications Equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
910,071
|
|
|
|
|
|
|
|
|
|
Consumer Finance 0.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
368
|
|
|
Verscend Technologies, Tern Loan B
|
|
|
6.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.500%
|
|
|
|
8/27/25
|
|
|
|
B+
|
|
|
|
369,760
|
|
|
|
|
|
|
|
|
|
|
|
|
Containers & Packaging 0.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
349
|
|
|
Berry Global, Inc., Term Loan Q
|
|
|
4.299%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
10/03/22
|
|
|
|
BBB
|
|
|
|
351,424
|
|
|
|
|
|
|
|
|
|
Diversified Consumer Services 0.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
248
|
|
|
Refinitiv, Term Loan B
|
|
|
5.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.750%
|
|
|
|
10/01/25
|
|
|
|
B
|
|
|
|
249,728
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified Financial Services 0.4%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
374
|
|
|
Lions Gate Entertainment Corp., Term Loan B
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
3/24/25
|
|
|
|
Ba2
|
|
|
|
373,274
|
|
|
250
|
|
|
Travelport LLC, Term Loan B
|
|
|
7.104%
|
|
|
|
3-Month LIBOR
|
|
|
|
5.000%
|
|
|
|
5/30/26
|
|
|
|
B+
|
|
|
|
227,054
|
|
|
624
|
|
|
Total Diversified Financial Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
600,328
|
|
|
|
|
|
|
|
|
|
Diversified Telecommunication Services 1.0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
983
|
|
|
CenturyLink, Inc., Term Loan B
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
1/31/25
|
|
|
|
BBB
|
|
|
|
977,317
|
|
|
40
|
|
|
Intelsat Jackson Holdings, S.A., Term Loan B4
|
|
|
6.554%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.500%
|
|
|
|
1/02/24
|
|
|
|
B1
|
|
|
|
40,613
|
|
|
64
|
|
|
Intelsat Jackson Holdings, S.A., Term Loan B5
|
|
|
6.625%
|
|
|
|
N/A
|
|
|
|
N/A
|
|
|
|
1/02/24
|
|
|
|
B1
|
|
|
|
65,580
|
|
|
496
|
|
|
Numericable Group S.A., Term Loan B13
|
|
|
6.028%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.000%
|
|
|
|
8/14/26
|
|
|
|
B
|
|
|
|
495,940
|
|
|
1,583
|
|
|
Total Diversified Telecommunication Services
|
|
|
|
|
|
|
|
|
|
|
|
1,579,450
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric Utilities 0.3%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
271
|
|
|
Vistra Operations Co., Term Loan B1
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
8/04/23
|
|
|
|
BBB
|
|
|
|
272,132
|
|
|
191
|
|
|
Vistra Operations Co., Term Loan B3
|
|
|
4.036%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
12/31/25
|
|
|
|
BBB
|
|
|
|
192,119
|
|
|
462
|
|
|
Total Electric Utilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
464,251
|
|
|
|
|
|
|
|
|
|
Equity Real Estate Investment Trust 0.6%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
320
|
|
|
Communications Sales & Leasing, Inc., Shortfall Term Loan
|
|
|
7.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
5.000%
|
|
|
|
10/24/22
|
|
|
|
Caa1
|
|
|
|
313,349
|
|
|
724
|
|
|
MGM Growth Properties, Term Loan B
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
3/23/25
|
|
|
|
BB+
|
|
|
|
726,413
|
|
|
1,044
|
|
|
Total Equity Real Estate Investment Trust
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,039,762
|
|
|
|
|
|
|
|
|
|
Food & Staples Retailing 0.7%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
518
|
|
|
Albertsons LLC, Term Loan B7
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
11/17/25
|
|
|
|
BB
|
|
|
|
521,326
|
|
|
568
|
|
|
US Foods, Inc., Term Loan B
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
6/27/23
|
|
|
|
BBB
|
|
|
|
571,251
|
|
|
1,086
|
|
|
Total Food & Staples Retailing
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,092,577
|
|
|
|
|
|
|
|
|
|
Food Products 0.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
250
|
|
|
B&G Foods Inc., Term Loan, First Lien, (WI/DD)
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
BB
|
|
|
|
251,485
|
|
|
|
|
|
|
|
|
|
|
Health Care Equipment & Supplies 0.3%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
434
|
|
|
Acelity, Term Loan B
|
|
|
7.250%
|
|
|
|
N/A
|
|
|
|
N/A
|
|
|
|
2/03/24
|
|
|
|
B1
|
|
|
|
435,647
|
|
|
|
|
|
|
|
|
|
|
Health Care Providers & Services 1.3%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
60
|
|
|
Air Medical Group Holdings, Inc., Term Loan B
|
|
|
5.307%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.250%
|
|
|
|
4/28/22
|
|
|
|
B1
|
|
|
|
56,691
|
|
|
230
|
|
|
Brightspring Health, Term Loan B
|
|
|
6.567%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.500%
|
|
|
|
3/05/26
|
|
|
|
B1
|
|
|
|
230,863
|
|
|
250
|
|
|
Concentra, Inc., Term Loan B
|
|
|
4.540%
|
|
|
|
3-Month LIBOR
|
|
|
|
2.500%
|
|
|
|
6/01/22
|
|
|
|
B+
|
|
|
|
251,875
|
|
|
724
|
|
|
HCA, Inc., Term Loan B10
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
3/13/25
|
|
|
|
BBB
|
|
|
|
727,519
|
|
|
544
|
|
|
HCA, Inc., Term Loan B11
|
|
|
3.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.750%
|
|
|
|
3/17/23
|
|
|
|
BBB
|
|
|
|
545,939
|
|
|
249
|
|
|
Lifepoint Health, Inc., Term Loan
|
|
|
6.554%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.500%
|
|
|
|
11/16/25
|
|
|
|
B+
|
|
|
|
249,977
|
|
|
220
|
|
|
Millennium Laboratories, Inc., Term Loan B, First Lien
|
|
|
8.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
6.500%
|
|
|
|
12/21/20
|
|
|
|
Caa3
|
|
|
|
98,874
|
|
|
2,277
|
|
|
Total Health Care Providers & Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,161,738
|
|
|
|
|
|
|
|
|
|
Health Care Technology 0.6%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
784
|
|
|
Emdeon, Inc., Term Loan
|
|
|
4.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.500%
|
|
|
|
3/01/24
|
|
|
|
B+
|
|
|
|
781,173
|
|
|
250
|
|
|
Zelis, Term Loan B, (WI/DD)
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
B
|
|
|
|
248,438
|
|
|
1,034
|
|
|
Total Health Care Technology
|
|
|
|
|
|
|
|
|
|
|
|
1,029,611
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal
Amount (000)
|
|
|
Description (1)
|
|
Coupon (7)
|
|
|
Reference
Rate (7)
|
|
|
Spread (7)
|
|
|
Maturity (8)
|
|
|
Ratings (9)
|
|
|
Value
|
|
|
|
|
|
|
|
|
|
Hotels, Restaurants & Leisure 3.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
507
|
|
|
24 Hour Fitness Worldwide, Inc., Term Loan B
|
|
|
5.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.500%
|
|
|
|
5/31/25
|
|
|
|
Ba3
|
|
|
$
|
490,495
|
|
|
466
|
|
|
Aramark Corporation, Term Loan
|
|
|
3.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.750%
|
|
|
|
3/11/25
|
|
|
|
BBB
|
|
|
|
467,595
|
|
|
969
|
|
|
Burger King Corporation, Term Loan B3
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
2/16/24
|
|
|
|
Ba2
|
|
|
|
973,523
|
|
|
83
|
|
|
Caesars Entertainment Operating Company, Inc., Term Loan B
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
10/06/24
|
|
|
|
BB
|
|
|
|
82,878
|
|
|
613
|
|
|
Caesars Resort Collection, Term Loan, First Lien
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
12/22/24
|
|
|
|
BB
|
|
|
|
609,242
|
|
|
499
|
|
|
Carrols Restaurant Group Inc., Term Loan B
|
|
|
5.310%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.250%
|
|
|
|
4/30/26
|
|
|
|
B
|
|
|
|
485,349
|
|
|
426
|
|
|
Hilton Hotels, Term Loan B2
|
|
|
3.768%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.750%
|
|
|
|
6/21/26
|
|
|
|
BBB
|
|
|
|
429,304
|
|
|
496
|
|
|
Marriott Ownership Resorts, Term Loan B
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
8/29/25
|
|
|
|
BBB
|
|
|
|
499,560
|
|
|
611
|
|
|
Seaworld Parks and Entertainment, Inc., Term Loan B5
|
|
|
5.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.000%
|
|
|
|
3/31/24
|
|
|
|
B+
|
|
|
|
611,160
|
|
|
485
|
|
|
YUM Brands, Term Loan B
|
|
|
3.791%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.750%
|
|
|
|
4/03/25
|
|
|
|
BBB
|
|
|
|
486,653
|
|
|
5,155
|
|
|
Total Hotels, Restaurants & Leisure
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,135,759
|
|
|
|
|
|
|
|
|
|
Household Products 0.5%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
744
|
|
|
Reynolds Group Holdings, Inc., Term Loan, First Lien
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
2/05/23
|
|
|
|
B+
|
|
|
|
745,708
|
|
|
|
|
|
|
|
|
|
|
Internet & Direct Marketing Retail 0.3%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
494
|
|
|
Uber Technologies, Inc., Term Loan
|
|
|
6.028%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.000%
|
|
|
|
4/04/25
|
|
|
|
B1
|
|
|
|
491,797
|
|
|
|
|
|
|
|
|
|
|
|
|
IT Services 1.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
341
|
|
|
Gartner, Inc., Term Loan A
|
|
|
3.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.500%
|
|
|
|
3/20/22
|
|
|
|
BB+
|
|
|
|
343,818
|
|
|
473
|
|
|
Leidos Holdings, Inc., Term Loan B
|
|
|
3.813%
|
|
|
|
1-Month LIBOR
|
|
|
|
1.750%
|
|
|
|
8/22/25
|
|
|
|
BBB
|
|
|
|
475,483
|
|
|
489
|
|
|
Tempo Acquisition LLC, Term Loan B
|
|
|
5.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.000%
|
|
|
|
5/01/24
|
|
|
|
B1
|
|
|
|
491,094
|
|
|
158
|
|
|
West Corporation, Term Loan B
|
|
|
6.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.000%
|
|
|
|
10/10/24
|
|
|
|
B1
|
|
|
|
141,674
|
|
|
484
|
|
|
WEX, Inc., Term Loan B3
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
5/17/26
|
|
|
|
Ba2
|
|
|
|
487,230
|
|
|
1,945
|
|
|
Total IT Services
|
|
|
|
|
|
|
|
|
|
|
|
1,939,299
|
|
|
|
|
|
|
|
|
|
Life Sciences Tools & Services 0.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
210
|
|
|
Inventiv Health, Inc., Term Loan B
|
|
|
4.044%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
8/01/24
|
|
|
|
BB
|
|
|
|
211,220
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery 0.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
207
|
|
|
Gates Global LLC, Term Loan B
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
4/01/24
|
|
|
|
B+
|
|
|
|
204,024
|
|
|
|
|
|
|
|
|
|
|
|
|
Marine 0.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
112
|
|
|
Harvey Gulf International Marine, Inc., Exit Term Loan
|
|
|
8.034%
|
|
|
|
6-Month LIBOR
|
|
|
|
6.000%
|
|
|
|
7/02/23
|
|
|
|
B
|
|
|
|
96,696
|
|
|
|
|
|
|
|
|
|
|
|
|
Media 3.0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
879
|
|
|
Cequel Communications LLC, Term Loan B
|
|
|
4.278%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
1/15/26
|
|
|
|
BB
|
|
|
|
880,106
|
|
|
470
|
|
|
Charter Communications Operating Holdings LLC, Term Loan B
|
|
|
4.050%
|
|
|
|
3-Month LIBOR
|
|
|
|
2.000%
|
|
|
|
4/30/25
|
|
|
|
BBB
|
|
|
|
473,754
|
|
|
205
|
|
|
Cineworld Group PLC, Term Loan B
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
2/28/25
|
|
|
|
BB
|
|
|
|
203,796
|
|
|
607
|
|
|
Clear Channel Communications, Inc., Exit Term Loan, (DD1)
|
|
|
6.100%
|
|
|
|
1-Month LIBOR
|
|
|
|
4.000%
|
|
|
|
5/01/26
|
|
|
|
BB
|
|
|
|
611,729
|
|
|
448
|
|
|
Clear Channel Outdoor Holdings, Inc., Term Loan B
|
|
|
5.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.500%
|
|
|
|
8/23/26
|
|
|
|
B+
|
|
|
|
449,859
|
|
|
100
|
|
|
CSC Holdings LLC, Refinancing Term Loan
|
|
|
4.278%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
7/17/25
|
|
|
|
BB
|
|
|
|
100,098
|
|
|
121
|
|
|
Cumulus Media, Inc., Term Loan B, (WI/DD)
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
TBD
|
|
|
|
B2
|
|
|
|
121,020
|
|
|
261
|
|
|
Intelsat Jackson Holdings, S.A., Term Loan B
|
|
|
5.804%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.750%
|
|
|
|
11/27/23
|
|
|
|
B1
|
|
|
|
262,073
|
|
|
386
|
|
|
Meredith Corporation, Term Loan B1
|
|
|
4.794%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.750%
|
|
|
|
1/31/25
|
|
|
|
BB
|
|
|
|
386,670
|
|
|
25
|
|
|
Metro-Goldwyn-Mayer, Inc., Term Loan, First Lien
|
|
|
4.550%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.500%
|
|
|
|
7/03/25
|
|
|
|
BB
|
|
|
|
24,937
|
|
|
43
|
|
|
Nexstar Broadcasting, Inc., Term Loan B3
|
|
|
4.350%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
1/17/24
|
|
|
|
BB
|
|
|
|
43,038
|
|
|
216
|
|
|
Nexstar Broadcasting, Inc., Term Loan B3
|
|
|
4.294%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
1/17/24
|
|
|
|
BB
|
|
|
|
216,590
|
|
|
492
|
|
|
Sinclair Television Group, Term Loan B2
|
|
|
4.300%
|
|
|
|
1-Month LIBOR
|
|
|
|
2.250%
|
|
|
|
1/03/24
|
|
|
|
BB+
|
|
|
|
494,483
|
|
|
354
|
|
|
Springer Science & Business Media, Inc., Term Loan B13, First Lien
|
|
|
5.544%
|
|
|
|
1-Month LIBOR
|
|
|
|
3.500%
|
|
|
|
8/24/22
|
|
|
|
B
|
|
|
|
354,587
|
|
|
258
|
|
|
WideOpenWest Finance LLC, Term Loan B
|
|
|
5.294%
|
|
|
|
3-Month LIBOR
|
|
|
|
3.250%
|
|
|
|
8/19/23
|
|
|
|
B
|
|
|
|
250,264
|
|
|
4,865
|
|
|
Total Media
|
|
|
|
|
|
|
|
|
|
|
|
4,873,004
|
|
|
|
|
|
|
|
|
|
Multiline Retail 0.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
246
|
|
|
EG America LLC, Term Loan, First Lien
|
|
|
6.104%
|
|
|
|
3-Month LIBOR
|
|
|
|
4.000%
|
|
|
|
2/05/25
|
|
|
|
B
|
|
|
|
243,881
|
|