NORBORD INC 144A PRIVATE PLACEMENT

NPORT-P false 0001593547 XXXXXXXX S000065667 C000212430 C000212429 ADVISORS' INNER CIRCLE III 811-22920 0001593547 549300TG800HOPJVWT31 ONE FREEDOM VALLEY DRIVE OAKS 19456 8774463863 Aegon Short Duration High Yield Fund S000065667 549300YC9E24MG69CG07 2020-09-30 2020-03-31 N 18354014.85 48058.24 18305956.61 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N Norbord Inc. 549300VL705RQ5PHI407 NORBORD INC 144A PRIVATE PLACEMENT 65548PAE6 200000.00000000 PA USD 193000.00000000 1.054301635865 Long DBT CORP XX Y 2 2023-04-15 Fixed 6.25000000 N N N N N N WYNDHAM DESTINATIONS, INC. T4VNTWMFQ7JQB65L7T35 WYNDHAM DESTINATIONS INC 4.250000% 03/01/2022 98310WAJ7 125000.00000000 PA USD 110275.00000000 0.602399548678 Long DBT CORP US N 2 2022-03-01 Fixed 4.25000000 N N N N N N LENNAR CORPORATION 529900G61XVRLX5TJX09 LENNAR CORP 4.125000% 01/15/2022 526057BY9 95000.00000000 PA USD 94287.50000000 0.515064588039 Long DBT CORP US N 2 2022-01-15 Fixed 4.12500000 N N N N N N L BRANDS, INC. GR3KVMWVCR54YWQNXU90 L BRANDS INC 5.625000% 02/15/2022 532716AU1 55000.00000000 PA USD 51150.00000000 0.279417247018 Long DBT CORP US N 2 2022-02-15 Fixed 5.62500000 N N N N N N SIRIUS XM RADIO INC. WP5O65E6BMU84LNO4227 SIRIUS XM RADIO INC 144A 4.625000% 07/15/2024 82967NBE7 28000.00000000 PA USD 28418.04000000 0.155239306010 Long DBT CORP US Y 2 2024-07-15 Fixed 4.62500000 N N N N N N T-MOBILE USA, INC. 549300V2JRLO5DIFGE82 T-MOBILE USA INC 6.500000% 01/15/2024 87264AAJ4 140000.00000000 PA USD 142100.00000000 0.776250064541 Long DBT CORP US N 2 2024-01-15 Fixed 6.50000000 N N N N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 BARCLAYS PLC 7.750000% MATURITY: PERPETUAL 06738EBA2 200000.00000000 PA USD 175400.00000000 0.958158066998 Long DBT NUSS GB N 2 2168-12-15 Fixed 7.75000000 N N N N N N COTT HOLDINGS INC. N/A COTT HOLDINGS INC 144A 5.500000% 04/01/2025 221644AA5 195000.00000000 PA USD 189150.00000000 1.033270230175 Long DBT CORP US Y 2 2025-04-01 Fixed 5.50000000 N N N N N N GLP Capital, L.P. 2549005PXW31DRW8EC44 GLP CAPITAL LP / GLP FINANCING II INC 3.350000% 09/01/2024 361841AN9 95000.00000000 PA USD 84075.00000000 0.459276735934 Long DBT CORP US N 2 2024-09-01 Fixed 3.35000000 N N N N N N PDC ENERGY, INC. 5493008W8H2T511J5Y59 PDC ENERGY INC 6.125000% 09/15/2024 69327RAG6 117000.00000000 PA USD 62448.75000000 0.341138960014 Long DBT CORP US N 2 2024-09-15 Fixed 6.12500000 N N N N N N UNIVISION COMMUNICATIONS INC. 549300YQDE2JSGTL8V47 UNIVISION COMMUNICATIONS INC 144A 5.125000% 05/15/2023 914906AR3 105000.00000000 PA USD 92925.00000000 0.507621655506 Long DBT CORP US Y 2 2023-05-15 Fixed 5.12500000 N N N N N N TRIUMPH GROUP, INC. 5493007L6S47Q14SL582 TRIUMPH GROUP INC 144A 6.250000% 09/15/2024 896818AQ4 179000.00000000 PA USD 159544.49000000 0.871544128498 Long DBT CORP US Y 2 2024-09-15 Fixed 6.25000000 N N N N N N ANTERO RESOURCES CORPORATION APVBKPOULHUX7YZLKU17 ANTERO RESOURCES CORP 5.375000% 11/01/2021 03674PAL7 150000.00000000 PA USD 109125.00000000 0.596117440485 Long DBT CORP US N 2 2021-11-01 Fixed 5.37500000 N N N N N N SPRINT CORPORATION 549300ZTTY7CXOLJ6539 SPRINT CORP 7.250000% 09/15/2021 85207UAE5 280000.00000000 PA USD 288596.00000000 1.576514170487 Long DBT CORP US N 2 2021-09-15 Fixed 7.25000000 N N N N N N CHS/COMMUNITY HEALTH SYSTEMS, INC. 5493007X5NC5XI1BB106 CHS/COMMUNITY HEALTH SYSTEMS INC 6.250000% 03/31/2023 12543DAY6 135000.00000000 PA USD 128165.63000000 0.700130742853 Long DBT CORP US N 2 2023-03-31 Fixed 6.25000000 N N N N N N ISTAR INC. QFFLKWYYS3UPWD86E794 ISTAR INC 5.250000% 09/15/2022 45031UCD1 106000.00000000 PA USD 97785.00000000 0.534170391000 Long DBT CORP US N 2 2022-09-15 Fixed 5.25000000 N N N N N N NCL CORPORATION LTD. UNZWILHE4KMRP9K2L524 NCL CORP LTD 144A 3.625000% 12/15/2024 62886HAP6 179000.00000000 PA USD 114166.20000000 0.623656017722 Long DBT NUSS BM Y 2 2024-12-15 Fixed 3.62500000 N N N N N N SOPHIA L.P. N/A SOPHIA L.P. 9/30/2022 83578BAJ2 189562.81000000 PA USD 179610.76000000 0.981160197341 Long LON XX N 2 2022-09-30 Floating 5.19463080 N N N N N N DELL INTERNATIONAL L.L.C. N/A DELL INTERNATIONAL LLC / EMC CORP 144A 7.125000% 06/15/2024 25272KAW3 165000.00000000 PA USD 170362.50000000 0.930639701762 Long DBT CORP US Y 2 2024-06-15 Fixed 7.12500000 N N N N N N GRIFFON CORPORATION 5493000C2SGNC7ZN3242 GRIFFON CORP 5.250000% 03/01/2022 398433AH5 43000.00000000 PA USD 39990.00000000 0.218453484032 Long DBT CORP US N 2 2022-03-01 Fixed 5.25000000 N N N N N N IRON MOUNTAIN INCORPORATED SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC 144A 4.375000% 06/01/2021 46284VAB7 120000.00000000 PA USD 118800.00000000 0.648969089848 Long DBT CORP US Y 2 2021-06-01 Fixed 4.37500000 N N N N N N AMERICAN AIRLINES, INC. IWUQB36BXD6OWD6X4T14 AMERICAN AIRLINES 2013-2 CLASS B PASS THROUGH TRUS 5.600000% 07/15/2020 02376TAC2 71389.76600000 PA USD 70854.34000000 0.387056199845 Long DBT CORP US Y 2 2020-07-15 Fixed 5.60000000 N N N N N N CITIGROUP INC. 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 5.000000% MATURITY: PERPETUAL 172967MG3 100000.00000000 PA USD 91416.00000000 0.499378437016 Long DBT CORP US N 2 2169-03-12 Fixed 5.00000000 N N N N N N VICI PROPERTIES L.P. N/A VICI PROPERTIES LP / VICI NOTE CO INC 144A 3.500000% 02/15/2025 92564RAC9 150000.00000000 PA USD 139875.00000000 0.764095550863 Long DBT CORP US Y 2 2025-02-15 Fixed 3.50000000 N N N N N N NAVIENT CORPORATION 54930067J0ZNOEBRW338 NAVIENT CORP 6.625000% 07/26/2021 63938CAD0 185000.00000000 PA USD 189625.00000000 1.035865013994 Long DBT CORP US N 2 2021-07-26 Fixed 6.62500000 N N N N N N THE ROYAL BANK OF SCOTLAND GROUP PUBLIC LIMITED COMPANY 2138005O9XJIJN4JPN90 ROYAL BANK OF SCOTLAND GROUP PLC 6.125000% 12/15/2022 780099CE5 125000.00000000 PA USD 129118.42000000 0.705335551431 Long DBT NUSS GB N 2 2022-12-15 Fixed 6.12500000 N N N N N N GMAC CAPITAL TRUST I N/A GMAC Capital Trust I PREFERRED STOCK 361860208 6700.00000000 NS USD 137417.00000000 0.750668227438 Long EP US N 1 N N N FMG RESOURCES (AUGUST 2006) PTY LTD 549300EFD6S2NFE9D745 FMG RESOURCES AUGUST 2006 PTY LTD 144A 4.750000% 05/15/2022 30251GAU1 135000.00000000 PA USD 134493.75000000 0.734699381547 Long DBT NUSS AU Y 2 2022-05-15 Fixed 4.75000000 N N N N N N COLFAX CORPORATION 635400OP2DYYYMOIYL17 COLFAX CORP 144A 6.000000% 02/15/2024 15723RAA2 85000.00000000 PA USD 82025.00000000 0.448078195242 Long DBT CORP US Y 2 2024-02-15 Fixed 6.00000000 N N N N N N JPMORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE & CO MATURITY: PERPETUAL 46625HHA1 82000.00000000 PA USD 73206.32000000 0.399904367521 Long DBT CORP US N 2 2168-10-30 Floating 5.23950120 N N N N N N SUNOCO LP 54930001NJU8E40NQ561 SUNOCO LP / SUNOCO FINANCE CORP 4.875000% 01/15/2023 86765LAJ6 190000.00000000 PA USD 181450.00000000 0.991207418796 Long DBT CORP US N 2 2023-01-15 Fixed 4.87500000 N N N N N N Commscope Finance LLC 549300NGP3QQM94T9A69 COMMSCOPE INC 144A 5.500000% 03/01/2024 20338QAB9 20000.00000000 PA USD 20240.00000000 0.110565104196 Long DBT CORP US Y 2 2024-03-01 Fixed 5.50000000 N N N N N N UNITED AIRLINES HOLDINGS, INC. N/A UNITED AIRLINES HOLDINGS INC 4.250000% 10/01/2022 910047AJ8 225000.00000000 PA USD 205267.50000000 1.121315342175 Long DBT CORP US N 2 2022-10-01 Fixed 4.25000000 N N N N N N BAUSCH HEALTH COMPANIES INC. B3BS7ACMDUWISF18KY76 BAUSCH HEALTH COS INC 144A 5.875000% 05/15/2023 91831AAB7 23000.00000000 PA USD 22885.00000000 0.125013953040 Long DBT NUSS CA Y 2 2023-05-15 Fixed 5.87500000 N N N N N N Kraft Heinz Foods Company 5493003STKEZ2S0RNU91 KRAFT HEINZ FOODS CO 4.000000% 06/15/2023 50077LAS5 66000.00000000 PA USD 66690.08000000 0.364308085181 Long DBT CORP US N 2 2023-06-15 Fixed 4.00000000 N N N N N N CLEAR CHANNEL OUTDOOR HOLDINGS, INC. N/A CLEAR CHANNEL WORLDWIDE HOLDINGS INC 144A 5.125000% 08/15/2027 18453HAA4 51000.00000000 PA USD 48258.75000000 0.263623207615 Long DBT CORP US Y 2 2027-08-15 Fixed 5.12500000 N N N N N N AMERICAN AIRLINES GROUP INC. N/A AMERICAN AIRLINES GROUP INC 144A 5.000000% 06/01/2022 02376RAC6 14000.00000000 PA USD 11235.00000000 0.061373465694 Long DBT CORP US Y 2 2022-06-01 Fixed 5.00000000 N N N N N N NEW GOLD INC. 5493005G0GNCHP0H6L96 NEW GOLD INC 144A 6.250000% 11/15/2022 644535AF3 75000.00000000 PA USD 72843.75000000 0.397923755375 Long DBT NUSS CA Y 2 2022-11-15 Fixed 6.25000000 N N N N N N CIT GROUP INC. N8O96ZZJQRFYQUJY7K79 CIT GROUP INC 5.000000% 08/15/2022 125581GQ5 95000.00000000 PA USD 92150.00000000 0.503388060854 Long DBT CORP US N 2 2022-08-15 Fixed 5.00000000 N N N N N N INTERNATIONAL GAME TECHNOLOGY PLC 549300UQ6KHRCZDRGZ76 INTERNATIONAL GAME TECHNOLOGY PLC 144A 6.250000% 02/15/2022 460599AB9 400000.00000000 PA USD 367804.00000000 2.009203932009 Long DBT NUSS GB Y 2 2022-02-15 Fixed 6.25000000 N N N N N N CALLON PETROLEUM COMPANY 549300EFOWPEB0WLZW21 CALLON PETROLEUM CO 6.125000% 10/01/2024 13123XAT9 137000.00000000 PA USD 24317.50000000 0.132839274767 Long DBT CORP US N 2 2024-10-01 Fixed 6.12500000 N N N N N N VIRGIN MEDIA FINANCE PLC 2138001LVYC87DDHT482 VIRGIN MEDIA FINANCE PLC 144A 5.750000% 01/15/2025 92769VAG4 402000.00000000 PA USD 389940.00000000 2.130126320669 Long DBT NUSS GB Y 2 2025-01-15 Fixed 5.75000000 N N N N N N OCCIDENTAL PETROLEUM CORPORATION IM7X0T3ECJW4C1T7ON55 OCCIDENTAL PETROLEUM CORP 4.850000% 03/15/2021 674599CZ6 32000.00000000 PA USD 26863.71000000 0.146748463204 Long DBT CORP US N 2 2021-03-15 Fixed 4.85000000 N N N N N N AMERICAN AIRLINES GROUP INC. N/A AMERICAN AIRLINES GROUP INC 144A 3.750000% 03/01/2025 02376RAE2 311000.00000000 PA USD 217700.00000000 1.189230394444 Long DBT CORP US Y 2 2025-03-01 Fixed 3.75000000 N N N N N N NRG ENERGY, INC. 5E2UPK5SW04M13XY7I38 NRG ENERGY INC 7.250000% 05/15/2026 629377CA8 140000.00000000 PA USD 146650.00000000 0.801105362174 Long DBT CORP US N 2 2026-05-15 Fixed 7.25000000 N N N N N N LENNAR CORPORATION 529900G61XVRLX5TJX09 LENNAR CORP 8.375000% 01/15/2021 526057CK8 90000.00000000 PA USD 91350.00000000 0.499017898633 Long DBT CORP US N 2 2021-01-15 Fixed 8.37500000 N N N N N N SERVICE PROPERTIES TRUST 529900IS770AG1K9QG27 SERVICE PROPERTIES TRUST 4.350000% 10/01/2024 44106MAZ5 150000.00000000 PA USD 110106.93000000 0.601481432223 Long DBT CORP US N 2 2024-10-01 Fixed 4.35000000 N N N N N N UNITED AIRLINES HOLDINGS, INC. N/A UNITED AIRLINES HOLDINGS INC 4.875000% 01/15/2025 910047AK5 75000.00000000 PA USD 64500.00000000 0.352344329084 Long DBT CORP US N 2 2025-01-15 Fixed 4.87500000 N N N N N N ILFC E-CAPITAL TRUST II N/A ILFC E-CAPITAL TRUST II 144A 3.570000% 12/21/2065 44965UAA2 160000.00000000 PA USD 64000.00000000 0.349612977696 Long DBT CORP US Y 2 2065-12-21 Floating 3.57000120 N N N N N N Ressources Teck Limitee T8KI5SQ2JRWHL7XY0E11 TECK RESOURCES LTD 4.500000% 01/15/2021 878742AT2 109000.00000000 PA USD 106557.43000000 0.582091568718 Long DBT NUSS CA N 2 2021-01-15 Fixed 4.50000000 N N N N N N MAUSER PACKAGING SOLUTIONS HOLDING COMPANY 549300DNGHXL0OMHW304 MAUSER PACKAGING SOLUTIONS HOLDING CO 144A 5.500000% 04/15/2024 12429TAD6 100000.00000000 PA USD 92000.00000000 0.502568655438 Long DBT CORP US Y 2 2024-04-15 Fixed 5.50000000 N N N N N N LADDER CAPITAL FINANCE HOLDINGS LLLP N/A LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPI 5.875000% 08/01/2021 505742AD8 128000.00000000 PA USD 107520.00000000 0.587349802529 Long DBT CORP US Y 2 2021-08-01 Fixed 5.87500000 N N N N N N ARDAGH PACKAGING FINANCE PLC 6354001JXMLKNZDZR978 ARDAGH PACKAGING FINANCE PLC / ARDAGH HOLDINGS USA 4.250000% 09/15/2022 03969AAM2 200000.00000000 PA USD 199750.00000000 1.091174879606 Long DBT NUSS IE Y 2 2022-09-15 Fixed 4.25000000 N N N N N N HCA INC. L3CJ6J7LJ2DX62FTXD46 HCA INC 5.375000% 02/01/2025 404119BR9 362000.00000000 PA USD 370145.00000000 2.021992119208 Long DBT CORP US N 2 2025-02-01 Fixed 5.37500000 N N N N N N CSC HOLDINGS, LLC 3HG2WD2W22M120IUNG49 CSC HOLDINGS LLC 144A 6.625000% 10/15/2025 64072TAC9 200000.00000000 PA USD 210262.00000000 1.148598811193 Long DBT CORP US Y 2 2025-10-15 Fixed 6.62500000 N N N N N N MERITOR, INC. 5LTG829X630QFHTFBO82 MERITOR INC 6.250000% 02/15/2024 59001KAD2 177000.00000000 PA USD 168169.47000000 0.918659830692 Long DBT CORP US N 2 2024-02-15 Fixed 6.25000000 N N N N N N CALLON PETROLEUM COMPANY 549300EFOWPEB0WLZW21 CALLON PETROLEUM CO 6.250000% 04/15/2023 144577AH6 95000.00000000 PA USD 22562.50000000 0.123252231394 Long DBT CORP US N 2 2023-04-15 Fixed 6.25000000 N N N N N N CCO HOLDINGS, LLC N/A CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 5.250000% 09/30/2022 1248EPAY9 225000.00000000 PA USD 221062.50000000 1.207598732530 Long DBT CORP US N 2 2022-09-30 Fixed 5.25000000 N N N N N N SM ENERGY COMPANY 84BUTVXV5ODI6BXNMH43 SM ENERGY CO 6.125000% 11/15/2022 78454LAK6 110000.00000000 PA USD 46544.08000000 0.254256475045 Long DBT CORP US N 2 2022-11-15 Fixed 6.12500000 N N N N N N CCO HOLDINGS, LLC N/A CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 5.750000% 02/15/2026 1248EPBM4 185000.00000000 PA USD 187340.25000000 1.023384103825 Long DBT CORP US Y 2 2026-02-15 Fixed 5.75000000 N N N N N N NUSTAR LOGISTICS, L.P. N62BF2PKP51FIIOIUN20 NUSTAR LOGISTICS LP 4.800000% 09/01/2020 67059TAB1 155000.00000000 PA USD 134850.00000000 0.736645469411 Long DBT CORP US N 2 2020-09-01 Fixed 4.80000000 N N N N N N KB HOME 549300LGUCWQURMWLG09 KB HOME 7.500000% 09/15/2022 48666KAR0 95000.00000000 PA USD 94525.00000000 0.516361979948 Long DBT CORP US N 2 2022-09-15 Fixed 7.50000000 N N N N N N BOYNE USA, INC. N/A BOYNE USA INC 144A 7.250000% 05/01/2025 103557AA2 185000.00000000 PA USD 176675.00000000 0.965123013038 Long DBT CORP US Y 2 2025-05-01 Fixed 7.25000000 N N N N N N THE HARTFORD FINANCIAL SERVICES GROUP, INC. IU7C3FTM7Y3BQM112U94 HARTFORD FINANCIAL SERVICES GROUP INC/THE 144A VARIABLE RATE 02/12/2047 416515BC7 127000.00000000 PA USD 82106.77000000 0.448524880448 Long DBT CORP US Y 2 2047-02-12 Floating 3.81663000 N N N N N N DAE FUNDING LLC 635400SZTPQL3Y1P2C76 DAE FUNDING LLC 144A 4.000000% 08/01/2020 23371DAC8 100000.00000000 PA USD 98000.00000000 0.535344872097 Long DBT CORP US Y 2 2020-08-01 Fixed 4.00000000 N N N N N N CONTINENTAL RESOURCES, INC. XXRTID9RYWOZ0UPIVR53 CONTINENTAL RESOURCES INC/OK 5.000000% 09/15/2022 212015AH4 120000.00000000 PA USD 76552.82000000 0.418185302363 Long DBT CORP US N 2 2022-09-15 Fixed 5.00000000 N N N N N N SINCLAIR TELEVISION GROUP, INC. 549300CQGEN0CH65UD62 SINCLAIR TELEVISION GROUP INC 144A 5.625000% 08/01/2024 829259AR1 195000.00000000 PA USD 179643.75000000 0.981340411906 Long DBT CORP US Y 2 2024-08-01 Fixed 5.62500000 N N N N N N KB HOME 549300LGUCWQURMWLG09 KB HOME 7.000000% 12/15/2021 48666KAT6 100000.00000000 PA USD 99000.00000000 0.540807574873 Long DBT CORP US N 2 2021-12-15 Fixed 7.00000000 N N N N N N BERRY GLOBAL, INC. N/A BERRY GLOBAL, INC. 10/1/2022 08579JBD3 200000.00000000 PA USD 190416.00000000 1.040186011890 Long LON XX N 2 2022-10-01 Floating 2.86263000 N N N N N N INFOR (US) INC. N/A INFOR (US) INC. 2/1/2022 45672LAE5 198802.94000000 PA USD 190552.62000000 1.040932326344 Long LON XX N 2 2022-02-01 Floating 4.69463040 N N N N N N PARK AEROSPACE HOLDINGS LIMITED 635400CPI3EOIFF6OC33 PARK AEROSPACE HOLDINGS LTD 144A 5.250000% 08/15/2022 70014LAA8 140000.00000000 PA USD 126506.24000000 0.691065988493 Long DBT NUSS KY Y 2 2022-08-15 Fixed 5.25000000 N N N N N N IRON MOUNTAIN INCORPORATED SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC 6.000000% 08/15/2023 46284PAQ7 65000.00000000 PA USD 65325.00000000 0.356851058875 Long DBT CORP US N 2 2023-08-15 Fixed 6.00000000 N N N N N N AVIS BUDGET CAR RENTAL, LLC XN8R4HH1TVC1XOCL5P21 AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET FINANCE I 6.375000% 04/01/2024 053773BB2 100000.00000000 PA USD 80000.00000000 0.437016222120 Long DBT CORP US Y 2 2024-04-01 Fixed 6.37500000 N N N N N N CENTENE CORPORATION 549300Z7JJ4TQSQGT333 CENTENE CORP 144A 4.750000% 01/15/2025 15135BAN1 300000.00000000 PA USD 300747.00000000 1.642891471925 Long DBT CORP US Y 2 2025-01-15 Fixed 4.75000000 N N N N N N CLEAR CHANNEL WORLDWIDE HOLDINGS, INC. N/A CLEAR CHANNEL WORLDWIDE HOLDINGS INC 144A 9.250000% 02/15/2024 18451QAN8 52000.00000000 PA USD 44590.00000000 0.243581916804 Long DBT CORP US Y 2 2024-02-15 Fixed 9.25000000 N N N N N N SABINE PASS LIQUEFACTION, LLC 549300KJYBG7C6WJYZ11 SABINE PASS LIQUEFACTION LLC 5.625000% 02/01/2021 785592AE6 105000.00000000 PA USD 101853.94000000 0.556397800835 Long DBT CORP US N 2 2021-02-01 Fixed 5.62500000 N N N N N N TENET HEALTHCARE CORPORATION 0W9AIBT6U6ADJ2I8HK17 TENET HEALTHCARE CORP 144A 4.625000% 09/01/2024 88033GDC1 255000.00000000 PA USD 244239.00000000 1.334205063430 Long DBT CORP US Y 2 2024-09-01 Fixed 4.62500000 N N N N N N LEVEL 3 FINANCING, INC. N/A LEVEL 3 FINANCING INC 5.375000% 01/15/2024 527298BK8 100000.00000000 PA USD 100000.00000000 0.546270277650 Long DBT CORP US N 2 2024-01-15 Fixed 5.37500000 N N N N N N CENTURY COMMUNITIES, INC. 5299002QMB2O7ZL1CA26 CENTURY COMMUNITIES INC 5.875000% 07/15/2025 156504AH5 205000.00000000 PA USD 172714.55000000 0.943488251827 Long DBT CORP US N 2 2025-07-15 Fixed 5.87500000 N N N N N N HUNTSMAN INTERNATIONAL LLC 3YTEJFW18LGIUQ2N5J61 HUNTSMAN INTERNATIONAL LLC 5.125000% 11/15/2022 44701QBD3 85000.00000000 PA USD 87125.00000000 0.475937979402 Long DBT CORP US N 2 2022-11-15 Fixed 5.12500000 N N N N N N CENTURYLINK, INC. 8M3THTGWLTYZVE6BBY25 CENTURYLINK INC 6.450000% 06/15/2021 156700AR7 280000.00000000 PA USD 284200.00000000 1.552500129082 Long DBT CORP US N 2 2021-06-15 Fixed 6.45000000 N N N N N N BOMBARDIER INC. W7L3VLU8EHQY34Z36697 BOMBARDIER INC 144A 6.000000% 10/15/2022 097751BJ9 197000.00000000 PA USD 147750.00000000 0.807114335228 Long DBT NUSS CA Y 2 2022-10-15 Fixed 6.00000000 N N N N N N INTELSAT JACKSON HOLDINGS S.A. 8XJ8KF85PBKK1TLMFN29 INTELSAT JACKSON HOLDINGS SA 144A 8.000000% 02/15/2024 45824TAR6 110000.00000000 PA USD 106286.40000000 0.580611012384 Long DBT NUSS LU Y 2 2024-02-15 Fixed 8.00000000 N N N N N N SCIENTIFIC GAMES INTERNATIONAL, INC. RLTHESQ0RNFQJWPBJN60 SCIENTIFIC GAMES INTERNATIONAL INC 144A 8.250000% 03/15/2026 80874YBA7 202000.00000000 PA USD 129302.22000000 0.706339596202 Long DBT CORP US Y 2 2026-03-15 Fixed 8.25000000 N N N N N N REYNOLDS GROUP HOLDINGS N/A REYNOLDS GROUP HOLDINGS 2/5/2023 76173FAU1 198465.47000000 PA USD 187053.71000000 1.021818820972 Long LON XX N 2 2023-02-05 Floating 3.50112960 N N N N N N TRANSOCEAN SENTRY LIMITED N/A TRANSOCEAN SENTRY LTD 144A 5.375000% 05/15/2023 89385AAA3 100000.00000000 PA USD 84000.00000000 0.458867033226 Long DBT NUSS KY Y 2 2023-05-15 Fixed 5.37500000 N N N N N N FIRST QUANTUM MINERALS LTD. 549300I7UVBGWRYMYZ18 FIRST QUANTUM MINERALS LTD 144A 7.250000% 04/01/2023 335934AK1 200000.00000000 PA USD 168375.00000000 0.919782579993 Long DBT NUSS CA Y 2 2023-04-01 Fixed 7.25000000 N N N N N N UBER TECHNOLOGIES, INC. 549300B2FTG34FILDR98 UBER TECHNOLOGIES INC 144A 7.500000% 11/01/2023 90353TAA8 80000.00000000 PA USD 77804.80000000 0.425024496985 Long DBT CORP US Y 2 2023-11-01 Fixed 7.50000000 N N N N N N REYNOLDS GROUP ISSUER LLC N/A REYNOLDS GROUP ISSUER INC / REYNOLDS GROUP ISSUER 7.000000% 07/15/2024 761735AV1 192000.00000000 PA USD 195120.00000000 1.065882565751 Long DBT CORP US Y 2 2024-07-15 Fixed 7.00000000 N N N N N N ALLY FINANCIAL INC. 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC 4.125000% 02/13/2022 02005NAY6 175000.00000000 PA USD 168383.25000000 0.919827647291 Long DBT CORP US N 2 2022-02-13 Fixed 4.12500000 N N N N N N NUSTAR LOGISTICS, L.P. N62BF2PKP51FIIOIUN20 NUSTAR LOGISTICS LP 4.750000% 02/01/2022 67059TAC9 45000.00000000 PA USD 35254.26000000 0.192583543985 Long DBT CORP US N 2 2022-02-01 Fixed 4.75000000 N N N N N N Ressources Teck Limitee T8KI5SQ2JRWHL7XY0E11 TECK RESOURCES LTD 4.750000% 01/15/2022 878742AV7 85000.00000000 PA USD 81605.35000000 0.445785772022 Long DBT NUSS CA N 2 2022-01-15 Fixed 4.75000000 N N N N N N OWENS-BROCKWAY GLASS CONTAINER INC. V2UQUCDZJ9WY98W8QU33 OWENS-BROCKWAY GLASS CONTAINER INC 144A 5.000000% 01/15/2022 690872AA4 115000.00000000 PA USD 114425.00000000 0.625069765201 Long DBT CORP US Y 2 2022-01-15 Fixed 5.00000000 N N N N N N ADVANCED DISPOSAL SERVICES INC N/A ADVANCED DISPOSAL SERVICES INC 11/10/2023 00100UAG7 197340.55000000 PA USD 194544.23000000 1.062737305373 Long LON XX N 2 2023-11-10 Floating 2.89374840 N N N N N N DENBURY RESOURCES INC. 549300KCWA5W52MS5559 DENBURY RESOURCES INC 144A 9.000000% 05/15/2021 247916AF6 100000.00000000 PA USD 29250.00000000 0.159784056212 Long DBT CORP US Y 2 2021-05-15 Fixed 9.00000000 N N N N N N Nokia Oyj 549300A0JPRWG1KI7U06 NOKIA OYJ 3.375000% 06/12/2022 654902AD7 130000.00000000 PA USD 129436.06000000 0.707070724341 Long DBT NUSS FI N 2 2022-06-12 Fixed 3.37500000 N N N N N N WEEKLEY HOMES, LLC 5493009MTTQO8ZN53F13 WEEKLEY HOMES LLC / WEEKLEY FINANCE CORP 6.000000% 02/01/2023 948565AC0 152000.00000000 PA USD 142880.00000000 0.780510972706 Long DBT CORP US N 2 2023-02-01 Fixed 6.00000000 N N N N N N PENSKE AUTOMOTIVE GROUP, INC. 549300W7UTQ0M4C7LB15 PENSKE AUTOMOTIVE GROUP INC 3.750000% 08/15/2020 70959WAH6 100000.00000000 PA USD 97250.00000000 0.531247845014 Long DBT CORP US N 2 2020-08-15 Fixed 3.75000000 N N N N N N MERITAGE HOMES CORPORATION 52990044W9UMFJO2FB97 MERITAGE HOMES CORP 7.000000% 04/01/2022 59001AAQ5 126000.00000000 PA USD 126000.00000000 0.688300549839 Long DBT CORP US N 2 2022-04-01 Fixed 7.00000000 N N N N N N ENDO FINANCE LLC N/A ENDO FINANCE LLC / ENDO FINCO INC 144A 5.375000% 01/15/2023 29271LAE4 105000.00000000 PA USD 73500.00000000 0.401508654073 Long DBT CORP US Y 2 2023-01-15 Fixed 5.37500000 N N N N N N NCR CORPORATION 549300YKTY8JX1DV2R67 NCR CORP 5.000000% 07/15/2022 62886EAJ7 150000.00000000 PA USD 141000.00000000 0.770241091486 Long DBT CORP US N 2 2022-07-15 Fixed 5.00000000 N N N N N N ALLY FINANCIAL INC. 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC 3.875000% 05/21/2024 02005NBH2 200000.00000000 PA USD 180000.00000000 0.983286499770 Long DBT CORP US N 2 2024-05-21 Fixed 3.87500000 N N N N N N RITE AID CORPORATION 529900W353T1JY1DKT44 RITE AID CORP 144A 6.125000% 04/01/2023 767754CH5 23000.00000000 PA USD 19780.00000000 0.108052260919 Long DBT CORP US Y 2 2023-04-01 Fixed 6.12500000 N N N N N N ALBERTSONS COMPANIES, LLC N/A ALBERTSONS COS INC / SAFEWAY INC / NEW ALBERTSONS 6.625000% 06/15/2024 013093AB5 196000.00000000 PA USD 198940.00000000 1.086750090357 Long DBT CORP US N 2 2024-06-15 Fixed 6.62500000 N N N N N N WHITING PETROLEUM CORPORATION 52990028CHK9KUB1B293 WHITING PETROLEUM CORP 5.750000% 03/15/2021 966387AH5 90000.00000000 PA USD 6048.00000000 0.033038426392 Long DBT CORP US N 2 2021-03-15 Fixed 5.75000000 N N N N N N RITE AID CORPORATION 529900W353T1JY1DKT44 RITE AID CORP 144A 7.500000% 07/01/2025 767754CK8 12000.00000000 PA USD 11400.00000000 0.062274811652 Long DBT CORP US Y 2 2025-07-01 Fixed 7.50000000 N N N N N N INTELSAT JACKSON HOLDINGS S.A. 8XJ8KF85PBKK1TLMFN29 INTELSAT JACKSON HOLDINGS SA 144A 9.500000% 09/30/2022 45824TAS4 95000.00000000 PA USD 96900.00000000 0.529335899043 Long DBT NUSS LU Y 2 2022-09-30 Fixed 9.50000000 N N N N N N SEAGATE HDD CAYMAN 529900BD50TRWEG1SF63 SEAGATE HDD CAYMAN 4.250000% 03/01/2022 81180WAV3 95000.00000000 PA USD 95205.49000000 0.520079294561 Long DBT NUSS KY N 2 2022-03-01 Fixed 4.25000000 N N N N N N BEAZER HOMES USA, INC. 549300DUPYT2T0F60I45 BEAZER HOMES USA INC 6.750000% 03/15/2025 07556QBM6 68000.00000000 PA USD 54740.00000000 0.299028349985 Long DBT CORP US N 2 2025-03-15 Fixed 6.75000000 N N N N N N OCCIDENTAL PETROLEUM CORPORATION IM7X0T3ECJW4C1T7ON55 OCCIDENTAL PETROLEUM CORP 2.700000% 08/15/2022 674599CP8 65000.00000000 PA USD 46347.96000000 0.253185129777 Long DBT CORP US N 2 2022-08-15 Fixed 2.70000000 N N N N N N BAUSCH HEALTH COMPANIES INC. B3BS7ACMDUWISF18KY76 BAUSCH HEALTH COS INC 144A 6.125000% 04/15/2025 91831AAC5 50000.00000000 PA USD 49250.00000000 0.269038111742 Long DBT NUSS CA Y 2 2025-04-15 Fixed 6.12500000 N N N N N N SOUTHWESTERN ENERGY COMPANY EFWMP121W54QV9MGOP87 SOUTHWESTERN ENERGY CO 4.100000% 03/15/2022 845467AH2 80000.00000000 PA USD 60000.00000000 0.327762166590 Long DBT CORP US N 2 2022-03-15 Fixed 4.10000000 N N N N N N CROWN AMERICAS LLC RPPGGRL1J75WGF2DFO04 CROWN AMERICAS LLC / CROWN AMERICAS CAPITAL CORP I 4.500000% 01/15/2023 228189AB2 90000.00000000 PA USD 90900.00000000 0.496559682384 Long DBT CORP US N 2 2023-01-15 Fixed 4.50000000 N N N N N N N/A N/A BROWN BROTHERS HARRIMAN SWEEP INTEREST N/A 376628.17000000 PA USD 376628.17000000 2.057407749968 Long STIV XX N 2 N N N SOPHIA, L.P. 549300RP8NIJ7FY7OS79 SOPHIA LP / SOPHIA FINANCE INC 144A 9.000000% 09/30/2023 29359FAA0 91000.00000000 PA USD 91000.00000000 0.497105952661 Long DBT CORP US Y 2 2023-09-30 Fixed 9.00000000 N N N N N N OASIS PETROLEUM INC. 529900FA4V2YNIKZ0M71 OASIS PETROLEUM INC 6.875000% 03/15/2022 674215AG3 150000.00000000 PA USD 29625.00000000 0.161832569753 Long DBT CORP US N 2 2022-03-15 Fixed 6.87500000 N N N N N N DISH DBS Corporation N/A DISH DBS CORP 6.750000% 06/01/2021 25470XAE5 240000.00000000 PA USD 243360.00000000 1.329403347689 Long DBT CORP US N 2 2021-06-01 Fixed 6.75000000 N N N N N N FORD MOTOR CREDIT COMPANY LLC UDSQCVRUX5BONN0VY111 FORD MOTOR CREDIT CO LLC 3.350000% 11/01/2022 345397ZU0 200000.00000000 PA USD 186500.00000000 1.018794067817 Long DBT CORP US N 2 2022-11-01 Fixed 3.35000000 N N N N N N WPX ENERGY, INC. ZXZE9GCS2BB547GJW219 WPX ENERGY INC 8.250000% 08/01/2023 98212BAG8 54000.00000000 PA USD 39690.00000000 0.216814673199 Long DBT CORP US N 2 2023-08-01 Fixed 8.25000000 N N N N N N COMMSCOPE, INC. 549300Z6K4JXMFE8QY54 COMMSCOPE INC 144A 5.000000% 06/15/2021 203372AL1 9000.00000000 PA USD 8910.00000000 0.048672681738 Long DBT CORP US Y 2 2021-06-15 Fixed 5.00000000 N N N N N N GRAY TELEVISION, INC. 529900TM5726KDN7UU35 GRAY TELEVISION INC 144A 7.000000% 05/15/2027 389284AA8 92000.00000000 PA USD 91540.00000000 0.500055812161 Long DBT CORP US Y 2 2027-05-15 Fixed 7.00000000 N N N N N N UNIVISION COMMUNICATIONS INC. 549300YQDE2JSGTL8V47 UNIVISION COMMUNICATIONS INC 144A 6.750000% 09/15/2022 914906AP7 85000.00000000 PA USD 81600.00000000 0.445756546562 Long DBT CORP US Y 2 2022-09-15 Fixed 6.75000000 N N N N N N CONSTELLIUM SE N/A CONSTELLIUM SE 144A 5.750000% 05/15/2024 210383AA3 250000.00000000 PA USD 223150.00000000 1.219002124576 Long DBT NUSS FR Y 2 2024-05-15 Fixed 5.75000000 N N N N N N CIT GROUP INC. N8O96ZZJQRFYQUJY7K79 CIT GROUP INC 4.750000% 02/16/2024 125581GY8 95000.00000000 PA USD 92862.50000000 0.507280236583 Long DBT CORP US N 2 2024-02-16 Fixed 4.75000000 N N N N N N LADDER CAPITAL FINANCE HOLDINGS LLLP N/A LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPI 5.250000% 03/15/2022 505742AF3 165000.00000000 PA USD 147675.00000000 0.806704632520 Long DBT CORP US Y 2 2022-03-15 Fixed 5.25000000 N N N N N N BAUSCH HEALTH COMPANIES INC. B3BS7ACMDUWISF18KY76 BAUSCH HEALTH COS INC 144A 6.500000% 03/15/2022 91911KAJ1 118000.00000000 PA USD 119180.00000000 0.651044916903 Long DBT NUSS CA Y 2 2022-03-15 Fixed 6.50000000 N N N N N N DANA INCORPORATED KVWHW7YLZPFJM8QYNJ51 DANA INC 5.500000% 12/15/2024 235825AE6 242000.00000000 PA USD 211147.42000000 1.153435597485 Long DBT CORP US N 2 2024-12-15 Fixed 5.50000000 N N N N N N TAYLOR MORRISON COMMUNITIES, INC. 549300O1Z08HI2MRK572 TAYLOR MORRISON COMMUNITIES INC 144A 6.000000% 09/01/2023 87724RAC6 165000.00000000 PA USD 158400.00000000 0.865292119798 Long DBT CORP US Y 2 2023-09-01 Fixed 6.00000000 N N N N N N CLEVELAND-CLIFFS INC. 549300TM2WLI2BJMDD86 CLEVELAND-CLIFFS INC 144A 4.875000% 01/15/2024 185899AB7 147000.00000000 PA USD 134505.00000000 0.734760836953 Long DBT CORP US Y 2 2024-01-15 Fixed 4.87500000 N N N N N N Hughes Satellite Systems Corporation N/A HUGHES SATELLITE SYSTEMS CORP 7.625000% 06/15/2021 444454AA0 145000.00000000 PA USD 147900.00000000 0.807933740644 Long DBT CORP US N 2 2021-06-15 Fixed 7.62500000 N N N N N N SPRINGLEAF FINANCE CORPORATION 5493008I795YYBFWFU90 SPRINGLEAF FINANCE CORP 8.250000% 12/15/2020 85172FAJ8 90000.00000000 PA USD 90000.00000000 0.491643249885 Long DBT CORP US N 2 2020-12-15 Fixed 8.25000000 N N N N N N NOVA Chemicals Corporation 5493007M1XGU5E55ZJ25 NOVA CHEMICALS CORP 144A 5.250000% 08/01/2023 66977WAN9 175000.00000000 PA USD 151931.50000000 0.829956626888 Long DBT NUSS CA Y 2 2023-08-01 Fixed 5.25000000 N N N N N N FRONTIER COMMUNICATIONS CORPORATION 549300ZCZ76HYCS0H445 FRONTIER COMMUNICATIONS CORP 8.750000% 04/15/2022 35906AAK4 90000.00000000 PA USD 23175.00000000 0.126598136845 Long DBT CORP US N 2 2022-04-15 Fixed 8.75000000 N N N N N N VIKING CRUISES LTD 549300IJP90T4MV2GL84 VIKING CRUISES LTD 144A 6.250000% 05/15/2025 92676XAC1 76000.00000000 PA USD 48640.00000000 0.265705863049 Long DBT NUSS BM Y 2 2025-05-15 Fixed 6.25000000 N N N N N N THE GOODYEAR TIRE & RUBBER COMPANY 5493002BI0S2ZQUY3437 GOODYEAR TIRE & RUBBER CO/THE 5.125000% 11/15/2023 382550BE0 100000.00000000 PA USD 94250.00000000 0.514859736685 Long DBT CORP US N 2 2023-11-15 Fixed 5.12500000 N N N N N N DCP MIDSTREAM OPERATING, LP 549300Y6CTBSE0QIPL28 DCP MIDSTREAM OPERATING LP 144A 4.750000% 09/30/2021 23311RAE6 125000.00000000 PA USD 109387.50000000 0.597551399964 Long DBT CORP US Y 2 2021-09-30 Fixed 4.75000000 N N N N N N ISTAR INC. QFFLKWYYS3UPWD86E794 ISTAR INC 4.250000% 08/01/2025 45031UCG4 75000.00000000 PA USD 61680.00000000 0.336939507254 Long DBT CORP US N 2 2025-08-01 Fixed 4.25000000 N N N N N N Fiat Chrysler Automobiles N.V. 549300LKT9PW7ZIBDF31 FIAT CHRYSLER AUTOMOBILES NV 4.500000% 04/15/2020 31562QAC1 200000.00000000 PA USD 199418.00000000 1.089361262284 Long DBT NUSS NL N 2 2020-04-15 Fixed 4.50000000 N N N N N N CNH INDUSTRIAL CAPITAL LLC 549300PNSJ5B81UMVO28 CNH INDUSTRIAL CAPITAL LLC 4.375000% 04/05/2022 12592BAH7 95000.00000000 PA USD 93342.24000000 0.509900913613 Long DBT CORP US N 2 2022-04-05 Fixed 4.37500000 N N N N N N CCO HOLDINGS, LLC N/A CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 5.875000% 04/01/2024 1248EPBP7 230000.00000000 PA USD 235750.00000000 1.287832179560 Long DBT CORP US Y 2 2024-04-01 Fixed 5.87500000 N N N N N N TARGA RESOURCES PARTNERS LP 6OQWTZ1SPC04IFT4T704 TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 6.750000% 03/15/2024 87612BAY8 190000.00000000 PA USD 167200.00000000 0.913363904231 Long DBT CORP US N 2 2024-03-15 Fixed 6.75000000 N N N N N N THE HERTZ CORPORATION 549300PD0C69OJ0NLB27 HERTZ CORP/THE 6.250000% 10/15/2022 428040CN7 150000.00000000 PA USD 105075.00000000 0.573993494241 Long DBT CORP US N 2 2022-10-15 Fixed 6.25000000 N N N N N N CSI COMPRESSCO LP 549300STALDQYSVEO325 CSI COMPRESSCO LP / CSI COMPRESSCO FINANCE INC 7.250000% 08/15/2022 20467BAB5 110000.00000000 PA USD 60500.00000000 0.330493517978 Long DBT CORP US N 2 2022-08-15 Fixed 7.25000000 N N N N N N L BRANDS, INC. GR3KVMWVCR54YWQNXU90 L BRANDS INC 6.625000% 04/01/2021 532716AT4 110000.00000000 PA USD 102300.00000000 0.558834494036 Long DBT CORP US N 2 2021-04-01 Fixed 6.62500000 N N N N N N DELL INTERNATIONAL L.L.C. N/A DELL INTERNATIONAL LLC / EMC CORP 144A 5.875000% 06/15/2021 25272KAU7 138000.00000000 PA USD 138172.50000000 0.754795299386 Long DBT CORP US Y 2 2021-06-15 Fixed 5.87500000 N N N N N N DISH DBS Corporation N/A DISH DBS CORP 5.875000% 07/15/2022 25470XAJ4 120000.00000000 PA USD 116858.40000000 0.638362706137 Long DBT CORP US N 2 2022-07-15 Fixed 5.87500000 N N N N N N 2020-03-31 THE ADVISORS' INNER CIRCLE III Stephen Connors Stephen Connors CFO