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
Estimated average burden
hours per response: 23.8
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   167,521 1,150 SH   SOLE   0 0 1,150
AVALONBAY CMNTYS INC COM 053484101   32,304 200 SH   SOLE   0 0 200
BLACKROCK CAP INVT CORP COM 092533108   490,988 135,632 SH   SOLE   0 0 135,632
DIGITAL RLTY TR INC COM 253868103   99,668 994 SH   SOLE   0 0 994
ESSEX PPTY TR INC COM 297178105   24,583 116 SH   SOLE   0 0 116
FS KKR CAP CORP COM 302635206   8,261,400 472,080 SH   SOLE   0 0 472,080
FIDUS INVT CORP COM 316500107   1,059,364 55,756 SH   SOLE   0 0 55,756
HERCULES CAPITAL INC COM 427096508   5,176,000 391,528 SH   SOLE   0 0 391,528
NEW MTN FIN CORP COM 647551100   5,102,814 412,849 SH   SOLE   0 0 412,849
PENNANTPARK INVT CORP COM 708062104   1,393,840 242,407 SH   SOLE   0 0 242,407
SIMON PPTY GROUP INC NEW COM 828806109   25,258 215 SH   SOLE   0 0 215
STELLUS CAP INVT CORP COM 858568108   1,064,393 80,271 SH   SOLE   0 0 80,271
CARLYLE SECURED LENDING INC COM 872280102   4,859,676 339,600 SH   SOLE   0 0 339,600
AMERICAN HOMES 4 RENT CL A 02665T306   129,964 4,312 SH   SOLE   0 0 4,312
AMERICAN TOWER CORP NEW COM 03027X100   173,937 821 SH   SOLE   0 0 821
MIDCAP FINANCIAL INVSTMNT CO COM NEW 03761U502   2,814,723 247,557 SH   SOLE   0 0 247,557
ARES CAPITAL CORP COM 04010L103   16,026,474 868,173 SH   SOLE   0 0 868,173
BAIN CAP SPECIALTY FIN INC COM STK 05684B107   3,645,256 306,324 SH   SOLE   0 0 306,324
BARINGS BDC INC COM 06759L103   2,211,804 271,387 SH   SOLE   0 0 271,387
BLACKROCK TCP CAPITAL CORP COM 09259E108   3,393,463 262,246 SH   SOLE   0 0 262,246
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102   6,833,758 305,761 SH   SOLE   0 0 305,761
CROWN CASTLE INC COM 22822V101   166,023 1,224 SH   SOLE   0 0 1,224
EQUINIX INC COM 29444U700   122,476 187 SH   SOLE   0 0 187
EQUITY RESIDENTIAL SH BEN INT 29476L107   65,254 1,106 SH   SOLE   0 0 1,106
EXTRA SPACE STORAGE INC COM 30225T102   80,655 548 SH   SOLE   0 0 548
GOLDMAN SACHS BDC INC SHS 38147U107   5,509,335 401,555 SH   SOLE   0 0 401,555
GOLUB CAP BDC INC COM 38173M102   7,612,535 578,900 SH   SOLE   0 0 578,900
HEALTHCARE RLTY TR CL A COM 42226K105   84,788 4,400 SH   SOLE   0 0 4,400
HOST HOTELS & RESORTS INC COM 44107P104   114,388 7,127 SH   SOLE   0 0 7,127
MAIN STR CAP CORP COM 56035L104   7,252,398 196,276 SH   SOLE   0 0 196,276
OAKTREE SPECIALTY LENDING CO COM 67401P108   4,958,725 721,794 SH   SOLE   0 0 721,794
OWL ROCK CAPITAL CORPORATION COM 69121K104   10,830,885 937,739 SH   SOLE   0 0 937,739
PENNANTPARK FLOATING RATE CA COM 70806A106   1,256,485 114,434 SH   SOLE   0 0 114,434
PROLOGIS INC COM 74340W103   236,733 2,100 SH   SOLE   0 0 2,100
PROSPECT CAP CORP COM 74348T102   3,889,201 556,395 SH   SOLE   0 0 556,395
SIXTH STREET SPECIALTY LENDI COM 83012A109   5,420,331 304,513 SH   SOLE   0 0 304,513
SLR INVESTMENT CORP COM 83413U100   2,777,750 199,982 SH   SOLE   0 0 199,982
AMERICAN AIRLS GROUP INC COM 02376R102   445,200 35,000 SH Call SOLE   35,000 0 0
CARNIVAL CORP COMMON STOCK 143658300   403,000 50,000 SH Put SOLE   50,000 0 0
EXXON MOBIL CORP COM 30231G102   3,309,000 30,000 SH Call SOLE   30,000 0 0
TEGNA INC COM 87901J105   635,700 30,000 SH Put SOLE   30,000 0 0
HERSHEY CO COM 427866108   6,947,100 30,000 SH Call SOLE   30,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407   1,707,650 35,000 SH Put SOLE   35,000 0 0
WESTERN DIGITAL CORP. COM 958102105   631,000 20,000 SH Put SOLE   20,000 0 0
WINNEBAGO INDS INC COM 974637100   1,581,000 30,000 SH Put SOLE   30,000 0 0
D R HORTON INC COM 23331A109   891,400 10,000 SH Put SOLE   10,000 0 0
GENERAL MTRS CO COM 37045V100   1,009,200 30,000 SH Put SOLE   30,000 0 0
DISH NETWORK CORPORATION CL A 25470M109   245,700 17,500 SH Put SOLE   17,500 0 0
MEDICAL PPTYS TRUST INC COM 58463J304   557,000 50,000 SH Put SOLE   50,000 0 0
BREAD FINANCIAL HOLDINGS INC COM 018581108   1,318,100 35,000 SH Put SOLE   35,000 0 0
SELECT MED HLDGS CORP COM 81619Q105   744,900 30,000 SH Put SOLE   30,000 0 0