The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Barings BDC Inc COM 06759L103 18,505 1,987,689 SH   SOLE NONE 1,987,689 0 0
Pennantpark Investment Corp COM 708062104 11,209 1,813,680 SH   SOLE NONE 1,813,680 0 0
Viatris Inc COM 92556V106 11,269 1,076,273 SH   SOLE NONE 1,076,273 0 0
Radian Group Inc COM 750236101 17,685 900,000 SH   SOLE NONE 900,000 0 0
Sixth Street Specialty Lending Inc COM 83012A109 16,225 877,016 SH   SOLE NONE 877,016 0 0
Blue Owl Capital Inc COM CL A 09581B103 8,495 846,918 SH   SOLE NONE 846,918 0 0
Trinity Capital Inc COM 896442308 9,109 629,502 SH   SOLE NONE 629,502 0 0
Medical Properties Trust Inc COM 58463J304 9,593 628,206 SH   SOLE NONE 628,206 0 0
VISTRA ORD COM 92840M102 11,997 525,043 SH   SOLE NONE 525,043 0 0
Equitable Holdings Inc COM 29452E101 12,746 488,930 SH   SOLE NONE 488,930 0 0
Blackstone Secured Lending Fund COMMON STOCK 09261X102 11,386 481,643 SH   SOLE NONE 481,643 0 0
FS KKR Capital Corp COM 302635206 7,768 400,000 SH   SOLE NONE 400,000 0 0
Owl Rock Capital Corp COM 69121K104 3,884 315,000 SH   SOLE NONE 315,000 0 0
Valvoline Inc COM 92047W101 8,793 305,000 SH   SOLE NONE 305,000 0 0
Ares Capital Corp COM 04010L103 5,359 298,882 SH   SOLE NONE 298,882 0 0
Crescent Capital BDC Inc COM 225655109 4,306 277,780 SH   SOLE NONE 277,780 0 0
Stellantis NV SHS N82405106 3,399 275,000 SH   SOLE NONE 275,000 0 0
KKR & Co Inc COM 48251W104 11,804 255,000 SH   SOLE NONE 255,000 0 0
Carlyle Secured Lending Inc COM 872280102 3,175 250,000 SH   SOLE NONE 250,000 0 0
Energy Transfer LP COM UT LTD PTN 29273V100 2,495 250,000 SH   SOLE NONE 250,000 0 0
Ares Management Corp CL A COM STK 03990B101 13,362 235,000 SH   SOLE NONE 235,000 0 0
Red Robin Gourmet Burgers Inc COM 75689M101 1,807 225,000 SH   SOLE NONE 225,000 0 0
Verizon Communications Inc COM 92343V104 11,038 217,500 SH   SOLE NONE 217,500 0 0
Gaming and Leisure Properties Inc COM 36467J108 9,722 211,989 SH   SOLE NONE 211,989 0 0
Sonic Automotive Inc CL A 83545G102 7,692 210,000 SH   SOLE NONE 210,000 0 0
NortonLifeLock Inc COM 668771108 3,843 175,000 SH   SOLE NONE 175,000 0 0
SLR Investment Corp COM 83413U100 2,560 175,000 SH   SOLE NONE 175,000 0 0
Agree Realty Corp COM 008492100 12,262 170,000 SH   SOLE NONE 170,000 0 0
Sanofi SA SPONSORED ADR 80105N105 8,352 166,935 SH   SOLE NONE 166,935 0 0
Merck & Co Inc COM 58933Y105 14,131 155,000 SH   SOLE NONE 155,000 0 0
Altria Group Inc COM 02209S103 6,266 150,000 SH   SOLE NONE 150,000 0 0
Spectrum Brands Holdings Inc COM 84790A105 9,637 117,500 SH   SOLE NONE 117,500 0 0
Kohls Corp COM 500255104 3,569 100,000 SH   SOLE NONE 100,000 0 0
Olin Corp COM PAR $1 680665205 3,702 80,000 SH   SOLE NONE 80,000 0 0
Bristol-Myers Squibb Co COM 110122108 5,583 72,500 SH   SOLE NONE 72,500 0 0
Lennar Corp CL A 526057104 4,587 65,000 SH   SOLE NONE 65,000 0 0
Golub Capital Bdc Inc COM 38173M102 648 50,000 SH   SOLE NONE 50,000 0 0
Stanley Black & Decker Inc COM 854502101 5,243 50,000 SH   SOLE NONE 50,000 0 0
T-Mobile US Inc COM 872590104 6,054 45,000 SH   SOLE NONE 45,000 0 0
Tortoise Midstream Energy Fund Inc COM 89148B200 1,285 39,940 SH   SOLE NONE 39,940 0 0
M&T Bank Corp COM 55261F104 5,579 35,000 SH   SOLE NONE 35,000 0 0
Helmerich and Payne Inc COM 423452101 1,031 23,954 SH   SOLE NONE 23,954 0 0
Crown Castle International Corp COM 22822V101 2,526 15,000 SH   SOLE NONE 15,000 0 0
Brinker International Inc COM 109641100 294 13,333 SH   SOLE NONE 13,333 0 0
Newmont Corporation COM 651639106 753 12,613 SH   SOLE NONE 12,613 0 0
EQT Corp COM 26884L109 344 10,000 SH   SOLE NONE 10,000 0 0
Entergy Corp COM 29364G103 845 7,500 SH   SOLE NONE 7,500 0 0
Burlington Stores Inc COM 122017106 681 5,000 SH   SOLE NONE 5,000 0 0
Boston Beer Company Inc CL A 100557107 303 1,000 SH   SOLE NONE 1,000 0 0
VISTRA ORD COM 92840M102 4,570 200,000 SH Call SOLE NONE 200,000 0 0