Holdings
Blackstone/GSO Long-Short Credit Income Fund
 
Holdings (as of 01/31/2015)

Rank

Issue

Quantity ($)

Value($)
% of
Managed Assets
1.Big Heart Pet Brands, Senior Unsecured Bond, 245217AS4,998,000$4,973,010.001.67%
2.Onex Carestream Finance LP, Senior Secured Second Lien Term Loan, LX1301264,858,403$4,829,058.151.62%
3.Panda Sherman Power LLC, Senior Secured First Lien Term Loan, LX1260104,666,667$4,654,999.991.57%
4.Armored AutoGroup Inc, Senior Secured First Lien New Term Loan, 3598174,642,972$4,640,070.421.56%
5.Kronos Incorporated, Senior Secured First Lien Incremental Term Loan, LX1283514,548,276$4,544,477.701.53%
6.US Foods Inc, Senior Secured First Lien Incremental Term Loan, LX1301554,396,571$4,387,227.911.48%
7.Scientific Games International Inc, Senior Secured Bond, 80874PAK5,000,000$4,225,000.001.42%
8.Lineage Logistics LLC, Senior Secured First Lien Term Loan, LX1360874,081,310$3,981,848.941.34%
9.Monitronics International Inc, Senior Unsecured Bond, 609453AG4,250,000$3,973,750.001.34%
10.Caesars Entertainment Resort Properties LLC, Senior Secured First Lien Term B Loan, LX1329144,098,140$3,920,915.481.32%
11.Expro Finservices SARL, Senior Secured First Lien Initial Term Loan, LX1395884,675,781$3,670,488.281.23%
12.Reynolds Group Issuer Inc, Senior Unsecured Bond, 761735AL3,500,000$3,626,875.001.22%
13.Sensus USA Inc, Senior Secured Second Lien Term Loan, 3839073,714,286$3,584,285.711.21%
14.Container Store Inc (The), Senior Secured First Lien Term B Loan, 5343373,337,676$3,250,062.111.09%
15.J Crew Group Inc, Senior Secured First Lien Initial Term Loan, LX1357373,376,175$3,065,567.341.03%
16.Blue Coat Systems Inc, Senior Secured First Lien Term Loan, LX1262813,037,606$2,980,650.541.00%
17.BJ's Wholesale Club Inc, Senior Secured First Lien 2013 (November) Replacement Term Loan, LX1335812,984,925$2,943,672.960.99%
18.York Risk Services Holdings, Senior Unsecured Bond, 68276KAA3,000,000$2,921,250.000.98%
19.PDC Energy Inc, Senior Unsecured Bond, 69327RAC3,000,000$2,910,000.000.98%
20.Aspect Software Inc, Senior Secured First Lien Tranche B Term Loan, 2723672,947,368$2,888,421.050.97%
21.Blackboard Inc, Senior Secured First Lien Term B-3 Loan, LX1336642,879,876$2,870,516.090.97%
22.Capital Safety North America Holdings Inc, Senior Secured First Lien Initial Term Loan, LX1361812,870,768$2,757,731.370.93%
23.Avaya Inc, Senior Secured First Lien Extended Term B-3 Loan, 3532672,869,774$2,747,995.600.92%
24.Palace Entertainment Holdings LLC, Senior Secured Bond, 696026AA2,600,000$2,669,875.000.90%
25.Apex Tool Group LLC, Senior Secured First Lien Term Loan, LX1278652,719,457$2,650,328.560.89%
26.Alpha Topco Limited - Delta 2 (Lux) Sarl, Senior Secured Second Lien Term Loan, LX1395852,717,400$2,639,274.750.89%
27.HFOTCO LLC, Senior Secured First Lien Tranche B Term Loan, LX1395172,720,455$2,598,034.280.87%
28.Pinnacle Operating Corporation, Senior Secured First Lien Term B Refinancing Loan, LX1296642,528,192$2,515,550.700.85%
29.Spin Holdco Inc, Senior Secured First Lien Initial Term Loan, LX1296632,459,032$2,424,716.470.82%
30.Sports Authority The, Senior Secured First Lien Term B Loan, 3280802,790,357$2,413,658.680.81%
31.MA FinanceCo LLC, Senior Secured First Lien Term B Loan, LX1411772,490,119$2,412,302.370.81%
32.Avaya Inc, Senior Secured Bond, 053499AG2,450,000$2,391,812.500.80%
33.Monitronics International Inc, Senior Secured First Lien Term B Loan, LX1288162,391,876$2,384,903.750.80%
34.Abercrombie & Fitch Co, Senior Secured First Lien Initial Term Loan, LX1394402,382,979$2,353,191.490.79%
35.Tech Finance & Co SCA, Senior Secured First Lien US Term Loan, LX1307012,300,092$2,302,392.010.77%
36.Envision Acquisition Company LLC, Senior Secured First Lien Initial Term Loan, LX1324192,226,376$2,229,159.250.75%
37.EMG Utica LLC, Senior Secured First Lien Term Loan, LX1289032,472,028$2,216,580.960.75%
38.Sandy Creek Energy Associates LP, Senior Secured First Lien Term Loan, LX1334112,216,528$2,175,433.200.73%
39.California Pizza Kitchen Inc, Senior Secured First Lien Term Loan LX1205722,205,476$2,132,695.280.72%
40.Viasystems Inc, Senior Unsecured Bond, 92552SAK2,000,000$2,122,500.000.71%
41.Smile Brands Group Inc, Senior Secured First Lien Term B Loan, LX1319392,194,939$2,112,628.370.71%
42.Air Canada, Senior Unsecured Bond,008911AZ2,000,000$2,087,500.000.70%
43.United Surgical Partners International Inc, Senior Secured New Tranche B First Lien Term Loan, 5215262,078,382$2,078,382.100.70%
44.Pier 1 Imports (US) Inc, Senior Secured First Lien Initial Term Loan, LX1366882,072,917$2,057,369.800.69%
45.Energy Solutions LLC, Senior Secured First Lien Advance Term Loan, LX1372772,046,234$2,051,983.680.69%
46.Crestwood Midstream Partners LP, Senior Unsecured Bond, 226373AB2,000,000$2,050,000.000.69%
47.Petco Holdings Inc, Senior Unsecured Bond, 71601UAA2,000,000$2,035,000.000.68%
48.Jeld-Wen Inc, Senior Secured First Lien Initial Term Loan, LX1409662,000,000$1,995,000.000.67%
49.AmWins Group LLC, Senior Secured First Lien New Term Loan, LX1285452,000,290$1,993,109.290.67%
50.CEC Entertainment Inc, Senior Secured First Lien Term B Loan, LX1351452,038,940$1,992,003.820.67%
51.DTZ US Borrower LLC, Senior Secured Second Lien Term Loan, LX1415701,956,522$1,944,293.470.65%
52.TravelClick, Inc, Senior Secured Second Lien Initial Term Loan, LX1368932,000,000$1,940,000.000.65%
53.Crownrock LP / Crownrock F, Senior Unsecured Bond, 228701AC2,000,000$1,940,000.000.65%
54.Forestar USA Real Estate, Senior Secured Bond, 346234AB2,000,000$1,925,000.000.65%
55.Academy Ltd, Senior Secured First Lien Initial Term Loan, LX1268211,936,672$1,923,531.530.65%
56.Flexera Software LLC, Senior Secured First Lien Term Loan, LX1360911,932,029$1,903,048.560.64%
57.Nextgen Finance LLC, Senior Secured First Lien Term B Loan, LX1371431,990,000$1,900,450.000.64%
58.Resolute Energy Corp, Senior Unsecured Bond, 76116AAB4,750,000$1,900,000.000.64%
59.Compuware Corporation, Senior Secured First Lien Tranche B-2 Term Loan, LX1417192,000,000$1,895,000.000.64%
60.Hercules Achievement Inc, Senior Secured First Lien Initial Term Loan, LX1422961,875,000$1,889,062.500.64%
61.FHC Health Systems Inc, Senior Secured First Lien Term Loan, LX1411731,875,000$1,863,281.250.63%
62.Syniverse Holdings Inc, Senior Secured First Lien Term Loan, 5383591,919,653$1,862,062.960.63%
63.TurboCombustor Technology Inc, Senior Secured First Lien Initial Term Loan, LX1330041,856,250$1,846,179.840.62%
64.Sawgrass Merg Sub, Senior Secured Bond, 89236YAA2,000,000$1,835,000.000.62%
65.SGMS Escrow Corp, Senior Secured First Lien B-2 Term Loan, LX1408541,848,739$1,827,682.350.61%
66.Arch Coal Inc, Senior Secured First Lien Term Loan, LX1240572,487,274$1,809,491.860.61%
67.Payless Inc, Senior Secured Second Lien Initial Term Loan, LX1356602,000,000$1,803,340.000.61%
68.ProQuest LLC, Senior Secured First Lien Term Loan, LX1410061,800,000$1,801,125.000.61%
69.Cunningham Lindsey US Inc, Senior Secured First Lien Initial Term Loan, LX1262901,837,500$1,789,265.630.60%
70.Utex Industries Inc, Senior Secured First Lien Initial Term Loan, LX1371371,913,462$1,760,384.620.59%
71.Advantage Sales & Marketing Inc, Senior Secured First Lien Initial Term Loan, LX1385081,768,530$1,751,260.220.59%
72.Fairpoint Communications Inc, Senior Secured First Lien Term Loan, LX1284121,719,406$1,721,555.670.58%
73.Granite Acquisition Inc, Senior Secured Second Lien Term B Loan, LX1413861,691,729$1,709,966.150.57%
74.Alvogen Pharma US Inc, Senior Secured First Lien Term Loan, LX1295761,678,177$1,691,812.150.57%
75.NCI Building Systems Inc., Senior Unsecured Bond,628852AH1,650,000$1,683,000.000.57%
76.Drillships Ocean Ventures Inc, Senior Secured First Lien Term Loan, LX1386832,004,851$1,682,069.780.57%
77.Sabre Inc, Senior Secured First Lien Incremental Term Loan, LX1327701,660,795$1,655,256.680.56%
78.Interactive Data Corporation, Senior Secured First Lien Term Loan, LX1366421,656,463$1,653,564.350.56%
79.Penton Media Inc, Senior Secured First Lien Term B Loan, LX1328161,580,000$1,584,937.500.53%
80.Tembec Industries Inc, Senior Secured Bond, 87971KAK1,600,000$1,584,000.000.53%
81.SurveyMonkey.com LLC, Senior Secured First Lien Term Loan, LX1283251,576,949$1,578,920.430.53%
82.National Financial Partners Corp, Senior Secured First Lien 2014 Specified Refinancing Term Loan, LX1395131,596,000$1,577,055.480.53%
83.Sedgwick Claims Management Services Inc, Senior Secured Second Lien New Term Loan, LX1414231,660,377$1,572,169.810.53%
84.LM US Member LLC, Senior Secured First Lien 2013 Specified Refinancing US Term Loan, LX1262991,571,053$1,556,646.430.52%
85.Truven Health Analytics Inc, Senior Secured First Lien New Tranche B Term Loan, LX1263851,602,955$1,554,866.800.52%
86.Alta Mesa Holdings LP, Senior Unsecured Bond, 021332AC1,900,000$1,539,000.000.52%
87.Asurion LLC, Senior Secured Second Lien Term Loan, LX1356621,550,064$1,537,469.560.52%
88.Reynolds Group Issuer Inc, Senior Unsecured Bond, 761735AB1,500,000$1,535,625.000.52%
89.Albertson's LLC, Senior Secured First Lien Term B-4-1 Loan, LX1416121,534,545$1,533,594.040.52%
90.MModal LLC, Senior Secured First Lien Term B Loan, LX1398941,566,079$1,512,574.260.51%
91.Nexeo Solutions LLC, Senior Secured First Lien Initial Term Loan, 3573221,579,487$1,509,729.150.51%
92.Cambium Learning Inc, Senior Secured Bond, 13201AAA1,500,000$1,492,500.000.50%
93.Moxie Liberty LLC, Senior Secured First Lien Construction B-1 Facility Term Loan, LX1316921,470,588$1,474,264.710.50%
94.Star West Generation LLC, Senior Secured First Lien Term B Advance Loan, LX1301951,490,606$1,471,354.710.49%
95.Telx Group Inc (The), Senior Secured First Lien Initial Term Loan, LX1362551,492,500$1,470,112.500.49%
96.Sheridan Investment Partners I LLC, Senior Secured First Lien Tranche B-2 Term Loan, 1260631,594,717$1,427,272.060.48%
97.ConvergeOne Holdings Corporation, Senior Secured First Lien Initial Term Loan, LX1376971,421,429$1,414,321.430.48%
98.Power Buyer LLC, Senior Secured First Lien Initial Term Loan, LX1294131,417,137$1,382,884.940.46%
99.Stonewall Gas Gathering LLC, Senior Secured First Lien Term Loan, LX1428601,404,494$1,379,915.730.46%
100.Multi Packaging Solutions Inc, Senior Secured First Lien Initial Dollar Tranche B Term Loan, LX1345311,395,470$1,366,402.270.46%
101.Anna Merger Sub Inc, Senior Unsecured Bond, 035659AA1,345,000$1,361,812.500.46%
102.Transaction Network Services, Senior Secured First Lien Initial Term Loan, LX1276741,319,900$1,309,723.390.44%
103.Crossmark Holdings Inc, Senior Secured First Lien Term Loan, LX1280471,334,055$1,304,039.210.44%
104.Yankee Cable Acquisition LLC, Senior Secured First Lien Term Loan, 5876211,274,706$1,271,723.080.43%
105.Mood Media Corporation, Senior Secured First Lien Term Loan, LX1366141,282,553$1,257,709.920.42%
106.Pike Corporation, Senior Secured First Lien Initial Term Loan,LX1400511,250,000$1,251,043.750.42%
107.Payless Inc, Senior Secured First Lien Initial Term Loan, LX1356581,332,970$1,236,329.520.42%
108.ADS Waste Holdings Inc, Senior Secured First Lien Tranche B-2 Term Loan, LX1353561,244,499$1,211,314.620.41%
109.Wastequip LLC, Senior Secured First Lien Term Loan, LX1316011,199,130$1,195,383.140.40%
110.Neff Rental LLC, Senior Secured Second Lien Closing Date Term Loan, LX1372921,207,309$1,186,181.480.40%
111.Accellent Inc, Senior Secured First Lien Initial Term Loan, LX1354341,210,366$1,182,757.410.40%
112.Southern Graphics Inc, Senior Secured First Lien New Term Loan, LX1337561,171,875$1,156,500.000.39%
113.Smart & Final Stores LLC, Senior Secured First Lien Term Loan, LX1266641,147,113$1,149,270.050.39%
114.SRS Distribution Inc, Senior Secured First Lien Term Loan, LX1286101,140,526$1,133,398.010.38%
115.Dole Food Company Inc, Senior Secured First Lien Tranche B Term Loan, LX1332131,137,592$1,132,614.550.38%
116.Pantry, Inc, Senior Unsecured Bond, 698657AN1,000,000$1,100,000.000.37%
117.Sable International Finance Ltd, Senior Secured First Lien Term Loan, LX1422921,096,327$1,097,012.040.37%
118.Blackbrush Oil & Gas LP, Senior Secured Second Lien Term Loan, LX1384581,327,434$1,083,517.700.36%
119.MSC Software Corporation, Senior Secured Second Lien Term Loan, LX1377261,095,833$1,079,395.830.36%
120.Serta Simmons Holdings LLC, Senior Unsecured Bond, 81753FAA1,000,000$1,072,500.000.36%
121.DAE Aviation Holdings Inc, Senior Secured First Lien Replacement Tranche B-1 Term Loan, LX1352141,070,049$1,070,380.310.36%
122.McJunkin Red Man Corporation, Senior Secured First Lien 2013 Term Loan, LX1337711,147,635$1,063,955.300.36%
123.PRA Holdings Inc, Senior Secured First Lien Tranche B-1 Term Loan, LX1319611,067,500$1,060,833.660.36%
124.Logan's Roadhouse Inc, Senior Unsecured Bond, 76972KAC1,300,000$1,043,250.000.35%
125.Mitchell International Inc, Senior Secured First Lien Initial Term Loan, LX1328411,047,619$1,037,797.640.35%
126.SUDSM 2013-1A, Senior Unsecured Collateralized Loan Obligation, 864662AK1,200,000$1,036,183.430.35%
127.AssuredPartners Capital Inc, Senior Secured First Lien Initial Term Loan, LX1361181,046,557$1,032,167.220.35%
128.Comstock Resources Inc, Senior Unsecured Bond, 205768AJ2,000,000$1,030,000.000.35%
129.Fairpoint Communications Inc, Senior Secured Bond, 305560AM1,000,000$1,027,500.000.35%
130.STS Operating Inc, Senior Secured First Lien Term Loan, LX1352131,038,663$1,022,433.680.34%
131.Ascend Learning LLC, Senior Secured Second Lien Term Loan, LX1373131,030,303$1,020,000.000.34%
132.Vertafore Inc, Senior Secured Second Lien Term Loan, 3232021,000,000$1,006,875.000.34%
133.Caesars Entertainment Resort Properties LLC, Senior Secured Bond, 699742AA1,000,000$990,000.000.33%
134.Peak 10 Inc, Senior Secured First Lien Term Loan, LX137694995,000$981,318.750.33%
135.Hillman Group Inc (The), Senior Unsecured Bond, 40423BAA1,000,000$975,000.000.33%
136.Men's Wearhouse Inc (The), Senior Secured First Lien Tranche B Term Loan, LX136368973,171$973,292.370.33%
137.Signode Industrial Group US Inc, Senior Secured First Lien Initial Term B Loan, LX136338995,025$968,905.470.33%
138.Peak 10 Inc, Senior Secured Second Lien Initial Term Loan, LX1376961,000,000$968,750.000.33%
139.Go Daddy Operating Company LLC, Senior Secured First Lien Initial Term Loan, LX137075961,833$958,452.490.32%
140.INEOS Group Holdings SA, Senior Secured Bond,44986UAC1,000,000$952,500.000.32%
141.EquiPower Resources Holdings LLC, Senior Secured First Lien Advance Term C Loan, LX130187953,232$950,371.900.32%
142.DBP Holding Corp, Senior Secured First Lien Initial Term Loan, LX1261851,000,000$947,500.000.32%
143.MMI International Ltd, Senior Secured First Lien Term Loan, LX129636908,511$901,696.810.30%
144.Universal Hospital Svcs, Senior Unsecured Bond, 91359PAJ1,000,000$886,250.000.30%
145.Nexeo Solutions LLC, Senior Secured First Lien Term B-3 Loan, LX135526922,591$885,686.960.30%
146.Affinia Group Inc, Senior Secured First Lien Tranche B-2 Term Loan, LX129162886,592$885,483.960.30%
147.California Resources CPR, Senior Unsecured Bond,13057QAA1,000,000$867,500.000.29%
148.La Frontera Generation LLC, Senior Secured First Lien Term Loan, LX129437872,005$855,833.980.29%
149.Lions Gate Entertainment Corp, Senior Secured Second Lien Term Loan, LX131394833,333$833,333.330.28%
150.TPF II Power LLC, Senior Secured First Lien Term Loan, LX140953823,970$827,834.460.28%
151.Road Infrastructure Investment LLC, Senior Secured First Lien Term Loan, LX135918864,435$823,374.800.28%
152.Applied Systems Inc, Senior Secured First Lien Initial Term Loan, LX134866825,000$820,099.510.28%
153.Delachaux SA, Senior Secured First Lien Term B USD Loan, LX141203792,079$790,510.890.27%
154.Nine West Holdings, Inc, Senior Secured First Lien Initial Term Loan, LX135620796,000$745,258.980.25%
155.Calumet Specialty Prod, Senior Unsecured Bond, 131477AJ750,000$744,375.000.25%
156.Exopack Holdings SA, Senior Secured First Lien USD Term Loan, LX133334742,500$743,543.210.25%
157.Moxie Patriot LLC, Senior Secured First Lien Construction B-1 Facility Term Loan, LX134495740,741$742,592.590.25%
158.Ikaria Acquisition Inc, Senior Secured First Lien Term Loan, LX135137734,729$733,428.410.25%
159.Eco Services Operations LLC, Senior Secured First Lien Term Loan, LX141437727,273$723,636.370.24%
160.Emerald Performance Materials LLC, Senior Secured First Lien Initial Term Loan, LX139053725,455$715,479.550.24%
161.Penn Virginia Resource Partners LP, Senior Unsecured Bond, 70788TAC650,000$711,750.000.24%
162.Medpace Holdings Inc, Senior Secured First Lien Initial Term Loan, LX136043702,448$697,179.370.23%
163.Carecore National LLC, Senior Secured First Lien Term Loan, LX135345690,568$689,276.900.23%
164.NVA Holdings Inc, Senior Secured First Lien Term Loan, LX140043684,000$681,435.000.23%
165.HUB International Ltd, Senior Secured First Lien Initial Term Loan, LX132571697,085$677,333.380.23%
166.Renaissance Learning Inc, Senior Secured First Lien Initial Term Loan, LX136184696,491$673,855.260.23%
167.Winebow Holdings Inc, Senior Secured Second Lien Initial Term Loan, LX138103693,642$671,098.170.23%
168.Dynegy Finance I, Inc. / Dynegy Finance II Inc, Senior Secured Bond, 26818AAA650,000$669,500.000.23%
169.Sheridan Production Partners II LP, Senior Secured First Lien Term Loan, LX134301831,244$668,112.040.22%
170.Chief Exploration & Development LLC, Senior Secured Second Lien Term Loan, LX136974752,941$663,841.890.22%
171.Scientific Games International Inc, Senior Secured Bond, 80874YAR650,000$660,562.500.22%
172.TransFirst Inc, Senior Secured First Lien Term Loan, LX141834643,514$644,453.290.22%
173.Dynacast International LLC, Senior Secured First Lien Term Loan LX142923588,235$586,764.700.20%
174.Pelican Products Inc, Senior Secured Second Lien Term Loan, LX136201562,500$556,875.000.19%
175.Scitor Corporation, Senior Secured First Lien Term Loan, 353266551,987$547,156.990.18%
176.Empire Generating Co LLC, Senior Secured First Lien Term B Loan, LX135763538,613$535,246.450.18%
177.Kindred Escrow Corp II, Senior Secured Bond, 49457QAA500,000$533,100.000.18%
178.Standard Aero Limited, Senior Secured First Lien Replacement Tranche B-2 Term Loan, LX135349485,081$485,231.690.16%
179.Berlin Packaging LLC, Senior Secured First Lien Initial Term Loan, LX141073472,189$469,828.400.16%
180.Surgery Center Holdings Inc, Senior Secured First Lien Term Loan, LX138964454,545$444,886.360.15%
181.QoL Meds LLC, Senior Secured First Lien Term Loan, LX138967443,333$441,404.830.15%
182.Ascend Learning LLC, Senior Secured First Lien Term Loan, LX124087432,769$432,046.470.15%
183.Atlantic Power Limited Partnership, Senior Secured First Lien Term Loan, LX135352431,424$429,536.230.14%
184.Compressco Partners, Senior Unsecured Bond, 20467BAA500,000$420,000.000.14%
185.W3 Co, Senior Secured First Lien Term Loan, LX128601439,379$417,959.180.14%
186.EWT Holdings III Corp, Senior Secured First Lien Term Loan, LX134319421,277$415,747.330.14%
187.W/S Packaging Group Inc, Senior Secured First Lien Term Loan, LX131454385,870$374,293.780.13%
188.Hillman Group Inc (The), Senior Secured First Lien Initial Term Loan, LX137733343,668$342,702.040.12%
189.Information Resources Inc, Senior Secured First Lien Term Loan, LX132782330,065$329,652.030.11%
190.MModal LLC , Common EquityMMODAL20,481$325,135.880.11%
191.Pelican Products Inc, Senior Secured First Lien Term Loan, LX136200299,175$297,554.840.10%
192.Unifrax I LLC, Senior Secured First Lien New Term Dollar Loan, LX128279294,026$291,159.320.10%
193.Opal Acquisition Inc, Senior Secured First Lien Term B Loan, LX133832257,791$255,320.480.09%
194.Exopack Holdings SA, Senior Secured Bond, 302107AA250,000$253,750.000.09%
195.Phillips-Medisize Corporation, Senior Secured First Lien Initial Term Loan, LX137704228,736$226,448.280.08%
196.Solenis International LP, Senior Secured First Lien Initial Dollar Term Loan, LX138119218,750$212,803.280.07%
197.Sheridan Production Partners I-A LP, Senior Secured First Lien Tranche B-2 Term Loan, LX126223211,313$189,125.240.06%
198.Swift Energy Co, Senior Unsecured Bond, 870738AK500,000$183,750.000.06%
199.Swift Energy Co, Senior Unsecured Bond, 870738AG500,000$177,500.000.06%
200.Dynegy Finance I, Inc. / Dynegy Finance II Inc, Senior Secured Bond, 26818AAC170,000$175,950.000.06%
201.Sage Products Holdings III LLC, Senior Secured Second Lien Term Loan, LX127048166,667$168,125.000.06%
202.CT Technologies Intermediate Holdings Inc, Senior Secured First Lien Initial Term Loan, LX142003168,539$168,117.980.06%
203.Equipower Resources Holdings LLC, Senior Secured First Lien Advance Term B Loan, LX124311151,549$151,094.240.05%
204.Sheridan Production Partners I-M LP, Senior Secured First Lien Tranche B-2 Term Loan, LX126224129,071$115,518.800.04%
205.Winebow Holdings Inc, Senior Secured First Lien Initial Term Loan, LX138102113,931$112,316.890.04%
206.Sheridan Production Partners II-A LP, Senior Secured First Lien Term Loan, LX134298115,632$92,939.220.03%
207.Power Buyer LLC, Senior Secured First Lien Delayed Draw Term Loan, LX12968275,669$73,840.330.02%
208.Landmark Aviation FBO Canada Inc, Senior Secured First Lien 2013 Specified Refinancing Canadian Term Loan, LX12682062,355$61,783.140.02%
209.Advantage Sales & Marketing Inc, Senior Secured First Lien Delayed Draw Term Loan, LX13906158,951$58,375.330.02%
210.Empire Generating Co LLC, Senior Secured First Lien Term C Loan, LX13575337,862$37,624.970.01%
211.Sheridan Production Partners II-M LP, Senior Secured First Lien Term Loan, LX13430543,124$34,661.240.01%
212.2-Year US Treasury Note Future TUH5(35)($32,935.46)(0.01%)
213.10-Year US Treasury Note Future TYH5(60)($272,344.70)(0.09%)
Net Cash Equivalent & Other Assets Minus Liabilities^($11,617,459.06)(4.01%)
 Total $297,422,159.08100.00%
Total Number of Holdings: 213

^The Fund's Net Cash and Other Assets Less Liabilities includes amounts payable for investments purchased but not yet settled and amounts receivable for investments sold but not yet settled. At period end, the amounts payable for investments purchased but not yet settled exceeded the amount of cash on hand, and the Fund's Net Cash and Other Assets Less Liabilities therefore equaled -4.01% of the Fund's Managed Assets. The Fund uses funds from its securities lending program to settle amounts payable for investments purchased, but such funds are not reflected in the Fund's net cash.

Futures Holdings (as of 01/31/2015)*

Long/(Short)

Futures Contracts

Quantity
Notional
Value ($)
Unrealized Appreciation/
Depreciation ($)
Short US 2 Yr Note Future (35) ($7,691,796.00) ($32,935.46)
Short US 10 Yr Note Future (60) ($7,852,500.00) ($272,344.70)

*Futures Holdings are also reflected in the above Holdings table.

An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.

Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares.

The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares.

Secured loan funds are a distinct segment of the fixed income market and are not an alternative to money markets or certificates of deposit.

Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund. Please read the prospectus carefully before investing.

For a more complete information about the Fund, please read the prospectus , call your financial professional or call 1.877.299.1588.

Shares of closed-end investment companies frequently trade at a discount from their net asset value. The risk of loss due to this discount may be greater for investors expecting to sell their shares in a relatively short period. The Fund is newly organized with no operating history.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee