|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description
|
|
Industry
|
|
Spread
above
Index (3)
|
|
|
Libor
Floor
|
|
|
Interest
Rate (1)
|
|
|
Acquisition
Date
|
|
|
Maturity
Date
|
|
|
Par
Amount
|
|
|
Cost
|
|
|
Fair
Value
|
|
Bank Debt/Senior Secured Loans 138.1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1A Smart Start LLC(2)(10)
|
|
Electrical Equipment, Instruments &
Components
|
|
|
L+450
|
|
|
|
1.00
|
%
|
|
|
6.30
|
%
|
|
|
12/21/2017
|
|
|
|
2/21/2022
|
|
|
$
|
13,795
|
|
|
$
|
13,758
|
|
|
$
|
13,795
|
|
Acrisure, LLC(2)
|
|
Insurance
|
|
|
L+425
|
|
|
|
1.00
|
%
|
|
|
6.19
|
%
|
|
|
5/3/2017
|
|
|
|
11/22/2023
|
|
|
|
7,297
|
|
|
|
7,286
|
|
|
|
7,352
|
|
Advantage Sales and Marketing,
Inc.(2)
|
|
Professional Services
|
|
|
L+325
|
|
|
|
1.00
|
%
|
|
|
5.05
|
%
|
|
|
2/14/2018
|
|
|
|
7/23/2021
|
|
|
|
4,899
|
|
|
|
4,852
|
|
|
|
4,899
|
|
Advantage Sales and Marketing, Inc.
|
|
Professional Services
|
|
|
L+650
|
|
|
|
1.00
|
%
|
|
|
8.30
|
%
|
|
|
2/14/2013
|
|
|
|
7/25/2022
|
|
|
|
8,000
|
|
|
|
7,977
|
|
|
|
7,880
|
|
Aegis Toxicology Sciences
Corporation(2)(10)
|
|
Health Care Providers & Services
|
|
|
L+550
|
|
|
|
1.00
|
%
|
|
|
7.40
|
%
|
|
|
5/7/2018
|
|
|
|
5/9/2025
|
|
|
|
10,863
|
|
|
|
10,703
|
|
|
|
10,319
|
|
Alera Group Intermediate Holdings,
Inc.(2)
|
|
Insurance
|
|
|
L+450
|
|
|
|
|
|
|
|
6.30
|
%
|
|
|
7/27/2018
|
|
|
|
8/1/2025
|
|
|
|
4,942
|
|
|
|
4,936
|
|
|
|
4,998
|
|
Alimera Sciences, Inc.(2)
|
|
Pharmaceuticals
|
|
|
L+765
|
|
|
|
1.78
|
%
|
|
|
9.43
|
%
|
|
|
12/31/2019
|
|
|
|
7/1/2024
|
|
|
|
2,914
|
|
|
|
2,914
|
|
|
|
2,914
|
|
Alteon Health, LLC (fka Island
Medical)(2)(10)
|
|
Health Care Providers & Services
|
|
|
L+650
|
|
|
|
1.00
|
%
|
|
|
8.30
|
%
|
|
|
3/31/2017
|
|
|
|
9/1/2022
|
|
|
|
7,383
|
|
|
|
7,342
|
|
|
|
7,383
|
|
Altern Marketing, LLC(2)
|
|
Household & Personal Products
|
|
|
L+600
|
|
|
|
2.00
|
%
|
|
|
8.00
|
%
|
|
|
10/25/2019
|
|
|
|
10/7/2024
|
|
|
|
7,924
|
|
|
|
7,846
|
|
|
|
7,844
|
|
American Teleconferencing Services, Ltd.
(PGI) (2)
|
|
Communications Equipment
|
|
|
L+650
|
|
|
|
1.00
|
%
|
|
|
8.32
|
%
|
|
|
5/5/2016
|
|
|
|
6/8/2023
|
|
|
|
13,690
|
|
|
|
13,371
|
|
|
|
12,869
|
|
AQA Acquisition Holding, Inc. (2)
|
|
Software
|
|
|
L+425
|
|
|
|
1.00
|
%
|
|
|
6.19
|
%
|
|
|
9/7/2018
|
|
|
|
5/24/2023
|
|
|
|
5,618
|
|
|
|
5,575
|
|
|
|
5,618
|
|
Capstone Logistics Acquisition,
Inc.(2)(10)
|
|
Professional Services
|
|
|
L+450
|
|
|
|
1.00
|
%
|
|
|
6.30
|
%
|
|
|
10/3/2014
|
|
|
|
10/7/2021
|
|
|
|
12,074
|
|
|
|
12,037
|
|
|
|
11,892
|
|
Cerapedics, Inc. (2)
|
|
Health Care Equipment & Supplies
|
|
|
L+695
|
|
|
|
2.50
|
%
|
|
|
9.45
|
%
|
|
|
3/22/2019
|
|
|
|
3/1/2024
|
|
|
|
2,885
|
|
|
|
2,899
|
|
|
|
2,899
|
|
Composite Technology Acquisition Corp. (ClockSpring)
(2)(10)
|
|
Building Products
|
|
|
L+475
|
|
|
|
|
|
|
|
6.69
|
%
|
|
|
2/1/2019
|
|
|
|
2/1/2025
|
|
|
|
11,733
|
|
|
|
11,577
|
|
|
|
11,616
|
|
Confie Seguros Holding II Co.(2)(10)
|
|
Insurance
|
|
|
L+475
|
|
|
|
1.00
|
%
|
|
|
6.66
|
%
|
|
|
10/13/2016
|
|
|
|
4/19/2022
|
|
|
|
14,173
|
|
|
|
14,108
|
|
|
|
13,804
|
|
DISA Holdings Acquisition Subsidiary
Corp.(2)
|
|
Professional Services
|
|
|
L+400
|
|
|
|
1.00
|
%
|
|
|
5.74
|
%
|
|
|
6/14/2018
|
|
|
|
6/30/2022
|
|
|
|
10,226
|
|
|
|
10,190
|
|
|
|
10,226
|
|
Edgewood Partners Holdings,
LLC(2)(10)
|
|
Insurance
|
|
|
L+425
|
|
|
|
1.00
|
%
|
|
|
6.05
|
%
|
|
|
3/28/2018
|
|
|
|
9/8/2024
|
|
|
|
16,712
|
|
|
|
16,667
|
|
|
|
16,545
|
|
Empower Payments Acquisition, Inc.
(RevSpring).(2)
|
|
Professional Services
|
|
|
L+400
|
|
|
|
1.00
|
%
|
|
|
5.94
|
%
|
|
|
11/28/2016
|
|
|
|
10/11/2025
|
|
|
|
4,950
|
|
|
|
4,939
|
|
|
|
4,950
|
|
ENS Holdings III Corp. & ES Opco USA LLC
(BlueFin)(2)
|
|
Trading Companies & Distributors
|
|
|
L+475
|
|
|
|
1.00
|
%
|
|
|
6.69
|
%
|
|
|
12/31/2019
|
|
|
|
12/31/2025
|
|
|
|
5,281
|
|
|
|
5,176
|
|
|
|
5,176
|
|
Falmouth Group Holdings Corp. (AMPAC)
(2)(10)
|
|
Chemicals
|
|
|
L+675
|
|
|
|
1.00
|
%
|
|
|
8.55
|
%
|
|
|
12/15/2016
|
|
|
|
12/14/2021
|
|
|
|
10,788
|
|
|
|
10,788
|
|
|
|
10,788
|
|
GenMark Diagnostics, Inc(2)(4)
|
|
Health Care Providers & Services
|
|
|
L+590
|
|
|
|
2.51
|
%
|
|
|
8.41
|
%
|
|
|
2/1/2019
|
|
|
|
2/1/2023
|
|
|
|
7,598
|
|
|
|
7,642
|
|
|
|
7,674
|
|
Kindred Biosciences, Inc(2)(4)(12)
|
|
Pharmaceuticals
|
|
|
L+675
|
|
|
|
2.17
|
%
|
|
|
8.92
|
%
|
|
|
9/30/2019
|
|
|
|
9/30/2024
|
|
|
|
1,408
|
|
|
|
1,405
|
|
|
|
1,404
|
|
KORE Wireless Group, Inc.(2)
|
|
Wireless Telecommunication Services
|
|
|
L+550
|
|
|
|
|
|
|
|
7.44
|
%
|
|
|
12/21/2018
|
|
|
|
12/21/2024
|
|
|
|
11,926
|
|
|
|
11,718
|
|
|
|
11,836
|
|
Logix Holding Company, LLC(2)
|
|
Communications Equipment
|
|
|
L+575
|
|
|
|
1.00
|
%
|
|
|
7.55
|
%
|
|
|
8/11/2017
|
|
|
|
12/22/2024
|
|
|
|
10,575
|
|
|
|
10,494
|
|
|
|
10,575
|
|
MHE Intermediate Holdings, LLC (TFS-Miner)(2)(10)
|
|
Air Freight & Logistics
|
|
|
L+500
|
|
|
|
1.00
|
%
|
|
|
6.94
|
%
|
|
|
3/8/2017
|
|
|
|
3/10/2024
|
|
|
|
5,919
|
|
|
|
5,879
|
|
|
|
5,890
|
|
Ministry Brands, LLC(2)(10)
|
|
Software
|
|
|
L+400
|
|
|
|
1.00
|
%
|
|
|
5.85
|
%
|
|
|
11/21/2016
|
|
|
|
12/2/2022
|
|
|
|
14,174
|
|
|
|
14,101
|
|
|
|
14,139
|
|
MRI Software LLC(2)(10)
|
|
Software
|
|
|
L+575
|
|
|
|
1.00
|
%
|
|
|
7.55
|
%
|
|
|
6/7/2017
|
|
|
|
6/30/2023
|
|
|
|
10,754
|
|
|
|
10,688
|
|
|
|
10,754
|
|
MSHC, Inc. (Service Logic) (2)(10)
|
|
Commercial Services & Supplies
|
|
|
L+425
|
|
|
|
1.00
|
%
|
|
|
5.96
|
%
|
|
|
7/12/2018
|
|
|
|
12/31/2024
|
|
|
|
12,486
|
|
|
|
12,429
|
|
|
|
12,423
|
|
National Spine and Pain Centers, LLC
(10)
|
|
Health Care Providers & Services
|
|
|
L+450
|
|
|
|
1.00
|
%
|
|
|
6.30
|
%
|
|
|
9/18/2018
|
|
|
|
6/2/2024
|
|
|
|
2,558
|
|
|
|
2,550
|
|
|
|
2,520
|
|
On Location Events, LLC & PrimeSport Holdings Inc. (2)(10)
|
|
Media
|
|
|
L+500
|
|
|
|
1.00
|
%
|
|
|
6.94
|
%
|
|
|
12/7/2017
|
|
|
|
9/29/2021
|
|
|
|
13,767
|
|
|
|
13,683
|
|
|
|
13,767
|
|
Pet Holdings ULC & Pet Supermarket, Inc.
(4)(10)
|
|
Specialty Retail
|
|
|
L+550
|
|
|
|
1.00
|
%
|
|
|
7.60
|
%
|
|
|
9/18/2018
|
|
|
|
7/5/2022
|
|
|
|
4,547
|
|
|
|
4,514
|
|
|
|
4,535
|
|
PPT Management Holdings, LLC(2)
|
|
Health Care Providers & Services
|
|
|
L+675
|
(11)
|
|
|
1.00
|
%
|
|
|
8.44
|
%
|
|
|
12/15/2016
|
|
|
|
12/16/2022
|
|
|
|
8,878
|
|
|
|
8,832
|
|
|
|
8,168
|
|
Radiology Partners, Inc.(2)
|
|
Health Care Providers & Services
|
|
|
L+475
|
|
|
|
|
|
|
|
6.62
|
%
|
|
|
6/28/2018
|
|
|
|
7/9/2025
|
|
|
|
7,406
|
|
|
|
7,347
|
|
|
|
7,453
|
|
Rubius Therapeutics, Inc. (2)(4)
|
|
Pharmaceuticals
|
|
|
L+550
|
|
|
|
|
|
|
|
7.19
|
%
|
|
|
12/21/2018
|
|
|
|
12/21/2023
|
|
|
|
4,121
|
|
|
|
4,138
|
|
|
|
4,142
|
|
scPharmaceuticals, Inc. (2)
|
|
Pharmaceuticals
|
|
|
L+795
|
|
|
|
2.23
|
%
|
|
|
10.18
|
%
|
|
|
9/17/2019
|
|
|
|
9/17/2023
|
|
|
|
719
|
|
|
|
720
|
|
|
|
720
|
|
Senseonics Holdings, Inc. (2)
|
|
Health Care Equipment & Supplies
|
|
|
L+650
|
|
|
|
2.48
|
%
|
|
|
8.98
|
%
|
|
|
7/25/2019
|
|
|
|
7/1/2024
|
|
|
|
3,234
|
|
|
|
3,220
|
|
|
|
3,234
|
|
SHO Holding I Corporation (Shoes for
Crews)(2)
|
|
Footwear
|
|
|
L+500
|
|
|
|
1.00
|
%
|
|
|
6.93
|
%
|
|
|
11/20/2015
|
|
|
|
10/27/2022
|
|
|
|
5,760
|
|
|
|
5,736
|
|
|
|
5,645
|
|
Solara Medical Supplies, Inc.(2)(10)
|
|
Health Care Providers & Services
|
|
|
L+600
|
|
|
|
1.00
|
%
|
|
|
7.94
|
%
|
|
|
5/31/2018
|
|
|
|
2/27/2024
|
|
|
|
13,185
|
|
|
|
12,996
|
|
|
|
13,185
|
|
Unified Physician Management, LLC(2)
|
|
Health Care Facilities
|
|
|
L+450
|
|
|
|
1.00
|
%
|
|
|
6.30
|
%
|
|
|
4/18/2019
|
|
|
|
11/27/2023
|
|
|
|
13,130
|
|
|
|
13,007
|
|
|
|
12,998
|
|
U.S. Acute Care Solutions,
LLC(2)(10)
|
|
Health Care Providers & Services
|
|
|
L+600
|
(9)
|
|
|
1.00
|
%
|
|
|
7.80
|
%
|
|
|
12/22/2016
|
|
|
|
5/15/2021
|
|
|
|
6,305
|
|
|
|
6,283
|
|
|
|
6,305
|
|
US Radiology Specialists, Inc.(2)
|
|
Health Care Providers & Services
|
|
|
L+475
|
|
|
|
1.00
|
%
|
|
|
6.55
|
%
|
|
|
11/27/2018
|
|
|
|
1/1/2024
|
|
|
|
12,073
|
|
|
|
11,971
|
|
|
|
11,832
|
|
WIRB-Copernicus Group, Inc.(2)(10)
|
|
Professional Services
|
|
|
L+425
|
|
|
|
1.00
|
%
|
|
|
5.87
|
%
|
|
|
3/27/2017
|
|
|
|
8/15/2022
|
|
|
|
12,392
|
|
|
|
12,350
|
|
|
|
12,392
|
|
Worldwide Facilities, LLC(2)
|
|
Insurance
|
|
|
L+450
|
|
|
|
|
|
|
|
6.21
|
%
|
|
|
9/13/2019
|
|
|
|
9/5/2026
|
|
|
|
6,159
|
|
|
|
6,040
|
|
|
|
6,098
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Bank Debt/Senior Secured Loans
|
|
|
$
|
362,684
|
|
|
$
|
361,456
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Equity/Equity Interests/Warrants
37.7%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares/
Units
|
|
|
|
|
|
|
|
Essence Group Holdings Corporation (Lumeris) Warrants. ..
|
|
Health Care Technology
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3/22/2017
|
|
|
|
|
|
|
|
52,000
|
|
|
$
|
16
|
|
|
$
|
67
|
|
Gemino Healthcare Finance, LLC(4)(5)
|
|
Diversified Financial Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9/30/2013
|
|
|
|
|
|
|
|
32,839
|
|
|
|
31,439
|
|
|
|
36,100
|
|
North Mill Holdco LLC(4)(5)(8)
|
|
Diversified Financial Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/20/2017
|
|
|
|
|
|
|
|
100
|
|
|
|
67,000
|
|
|
|
62,500
|
|
Senseonics Holdings, Inc. Warrants
|
|
Health Care Equipment & Supplies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7/25/2019
|
|
|
|
|
|
|
|
80,838
|
|
|
|
18
|
|
|
|
11
|
|
TwentyEighty Investors, LLC.
|
|
Professional Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1/31/2017
|
|
|
|
|
|
|
|
17,214
|
|
|
|
1,195
|
|
|
|
130
|
|
Venus Concept Ltd. Warrants (fka Restoration Robotics)
|
|
Health Care Equipment & Supplies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5/10/2018
|
|
|
|
|
|
|
|
6,078
|
|
|
|
34
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Common Equity/Equity Interests/Warrants
|
|
|
$
|
99,702
|
|
|
$
|
98,809
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments(7)
175.8%
|
|
|
$
|
462,386
|
|
|
$
|
460,265
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Par
Amount
|
|
|
|
|
|
|
|
Cash Equivalents 38.2%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury Bill
|
|
Government
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/31/2019
|
|
|
|
1/28/2020
|
|
|
$
|
100,000
|
|
|
$
|
99,898
|
|
|
$
|
99,898
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments & Cash Equivalents 214.0%
|
|
|
$
|
562,284
|
|
|
$
|
560,163
|
|
Liabilities in Excess of Other Assets (114.0%)
|
|
|
|
(298,349)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets 100.0%
|
|
|
|
$ 261,814
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|